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TORONTO, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) ("Inventus” or the "Company”) is pleased to announce that its 80-hole Phase 1 Drill Program is underway at the 100%-owned Pardo gold project located 65 km east of Sudbury, Ontario. The program aims to provide adequate drill data to support a future mineral resource estimate on the near surface mineralization that could potentially be exploited by open cut mining. The Company also reports it has been accepted into the Ontario Junior Exploration Program ("OJEP”), which provides funding grants by the Ontario Ministry of Mines to assist exploration projects within the province. The grant will provide funding for 50% of exploration expenditures to a maximum of $200,000, incurred on the Pardo Gold Project. Incentive stock options to acquire a total of 4,100,000 common shares of the Company have been granted to officers, directors, and employees at the exercise price of $0.07 per share for a period of five years. The options vest as to one-third after each of 6, 12, and 18 months from the grant date. For further information visit www.inventusmining.com , or contact: Mr. Wesley Whymark President and Head of Exploration Inventus Mining Corp. E-mail: [email protected] Phone: 705-822-3005 About Inventus Mining Corp. Inventus is a mineral exploration and development company focused on the world-class mining district of Sudbury, Ontario. Our principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project located northeast of Sudbury. Pardo is the first important paleoplacer gold discovery found in North America. Inventus has approximately 183 million common shares outstanding. Forward-Looking Statements This News Release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes”, "anticipates”, "expects”, "estimates”, "may”, "could”, "would”, "if”, "yet”, "potential”, "undetermined”, "objective”, or "plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to the failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.The online community continues to mourn the loss of Liu Dabeili, with tributes pouring in from fans, friends, and fellow influencers. Messages of sympathy and remembrance fill the comments sections of her social media accounts, reflecting the impact she had on those who followed her journey.
Klingman & Associates LLC lifted its holdings in Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 14.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,797 shares of the information services provider’s stock after buying an additional 2,220 shares during the quarter. Klingman & Associates LLC’s holdings in Alphabet were worth $2,952,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also recently bought and sold shares of GOOGL. International Assets Investment Management LLC boosted its position in shares of Alphabet by 43,005.6% during the 3rd quarter. International Assets Investment Management LLC now owns 18,743,594 shares of the information services provider’s stock worth $31,086,250,000 after purchasing an additional 18,700,111 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Alphabet by 587.4% in the third quarter. SG Americas Securities LLC now owns 10,690,326 shares of the information services provider’s stock valued at $1,772,991,000 after purchasing an additional 9,135,056 shares during the period. Capital Research Global Investors boosted its holdings in Alphabet by 14.4% during the first quarter. Capital Research Global Investors now owns 57,803,291 shares of the information services provider’s stock worth $8,724,251,000 after buying an additional 7,275,757 shares in the last quarter. Assenagon Asset Management S.A. grew its position in Alphabet by 116.4% during the third quarter. Assenagon Asset Management S.A. now owns 8,670,225 shares of the information services provider’s stock worth $1,437,957,000 after buying an additional 4,662,809 shares during the period. Finally, Wulff Hansen & CO. increased its holdings in Alphabet by 18,810.2% in the second quarter. Wulff Hansen & CO. now owns 4,434,260 shares of the information services provider’s stock valued at $807,700,000 after buying an additional 4,410,811 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock. Insider Transactions at Alphabet In other news, Director Frances Arnold sold 441 shares of Alphabet stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $171.06, for a total transaction of $75,437.46. Following the sale, the director now owns 16,490 shares in the company, valued at $2,820,779.40. This trade represents a 2.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, CAO Amie Thuener O’toole sold 682 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $160.44, for a total transaction of $109,420.08. Following the completion of the transaction, the chief accounting officer now owns 32,017 shares of the company’s stock, valued at $5,136,807.48. This trade represents a 2.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 206,795 shares of company stock valued at $34,673,866 over the last quarter. Company insiders own 11.55% of the company’s stock. Alphabet Trading Down 1.7 % Alphabet ( NASDAQ:GOOGL – Get Free Report ) last issued its earnings results on Tuesday, October 29th. The information services provider reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.29. Alphabet had a net margin of 27.74% and a return on equity of 31.66%. The business had revenue of $88.27 billion for the quarter, compared to the consensus estimate of $72.85 billion. During the same quarter last year, the firm posted $1.55 EPS. On average, sell-side analysts predict that Alphabet Inc. will post 7.99 EPS for the current year. Alphabet Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 9th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date is Monday, December 9th. Alphabet’s dividend payout ratio is presently 10.61%. Analyst Upgrades and Downgrades Several equities research analysts have recently commented on GOOGL shares. Needham & Company LLC reissued a “buy” rating and set a $210.00 price target on shares of Alphabet in a research note on Wednesday, October 30th. Bank of America boosted their target price on Alphabet from $206.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Tigress Financial raised their price target on Alphabet from $210.00 to $220.00 and gave the company a “strong-buy” rating in a research report on Thursday, September 26th. JMP Securities boosted their price objective on shares of Alphabet from $200.00 to $220.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 30th. Finally, Pivotal Research raised their target price on shares of Alphabet from $215.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Seven analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and five have given a strong buy rating to the stock. According to MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.90. Get Our Latest Stock Analysis on Alphabet About Alphabet ( Free Report ) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Featured Articles Five stocks we like better than Alphabet Top Stocks Investing in 5G Technology Tesla Investors Continue to Profit From the Trump Trade The Risks of Owning Bonds MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally Using the MarketBeat Dividend Yield Calculator Netflix Ventures Into Live Sports, Driving Stock Momentum Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. ( NASDAQ:GOOGL – Free Report ). Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter .A pair of teams with minimal rest will face off in Nassau, Bahamas, on Sunday when No. 22 St. John takes on Georgia. St. John's (5-1), which will play its third game in four days, began the stretch in the Bahamas Championship on Thursday, dropping a heartbreaker to No. 13 Baylor. The Red Storm led by 18 in the first half before Baylor forced overtime. From there, St. John's rallied from five down with 1:47 left to send the game to a second overtime, where it saw Baylor knock down a pair of 3-pointers in the final seven seconds -- including Jeremy Roach's buzzer-beater -- to knock off the Red Storm 99-98. In the third-place game on Friday, St. John's breezed past Virginia 80-55. RJ Luis Jr. led the way with 18 points and four steals, followed by Kadary Richmond's 12 points, as the Red Storm took a one-point lead with 15:21 left in the first half and didn't trail again. "I'm really impressed with our guys, coming off a double-overtime, extremely emotional loss," St. John's head coach Rick Pitino said. "To respond that way was extremely impressive, both offensively and defensively." Pitino, in his second year with the Red Storm, was moved by something off the court on Friday, involving captain Zuby Ejiofor, who chipped in eight points, nine boards, two steals and two blocks. Ejiofor was serenaded by St. John's fans during the win, following his two missed free throws at the end of double overtime against Baylor. "When you've only been in a job for a year, you search for things you love about a place," Pitino said. "Tonight I found out what I love about St. John's. Our fans chanted Zuby's name the whole game, which doesn't happen anywhere else in America. I was really impressed with our fans and I thank them for making Zuby feel good, because he gives you all the energy." Luis leads the Red Storm with 17.3 points per game, followed by Ejiofor (10.7), Aaron Scott (10.5), Deivon Smith (10.3) and Richmond (10.2). Georgia enters Sunday's matchup looking to rebound from its first loss after falling to No. 15 Marquette 80-69 on Saturday. Georgia (5-1) battled back from a 15-point, second-half deficit, but was held to just three points over the final 4:57 in Saturday's loss. Blue Cain led the Bulldogs with a season-high 17 points, including five 3-pointers. "It's a process. It's a journey with this team," Bulldogs head coach Mike White said. "It's about continuing to make strides, continuing to protect our culture. ... At the end of the day, wins and losses are going to take care of themselves. We just have to embrace the process and enjoy it." Five-star freshman recruit Asa Newell was held to a season-low nine points but leads the team with 15.5 points per game. Silas Demary Jr. is second with 13.8. --Field Level Media
In addition to the increased security measures, Guangzhou Metro has also reaffirmed its commitment to providing high-quality customer service to passengers. Customer service representatives are available at stations and online to address any concerns or questions that passengers may have regarding the new security measures. By engaging with passengers and actively seeking feedback, Guangzhou Metro aims to ensure that the needs and expectations of passengers are met while maintaining a high standard of security within the subway system.A pair of teams with minimal rest will face off in Nassau, Bahamas, on Sunday when No. 22 St. John takes on Georgia. St. John's (5-1), which will play its third game in four days, began the stretch in the Bahamas Championship on Thursday, dropping a heartbreaker to No. 13 Baylor. The Red Storm led by 18 in the first half before Baylor forced overtime. From there, St. John's rallied from five down with 1:47 left to send the game to a second overtime, where it saw Baylor knock down a pair of 3-pointers in the final seven seconds -- including Jeremy Roach's buzzer-beater -- to knock off the Red Storm 99-98. In the third-place game on Friday, St. John's breezed past Virginia 80-55. RJ Luis Jr. led the way with 18 points and four steals, followed by Kadary Richmond's 12 points, as the Red Storm took a one-point lead with 15:21 left in the first half and didn't trail again. "I'm really impressed with our guys, coming off a double-overtime, extremely emotional loss," St. John's head coach Rick Pitino said. "To respond that way was extremely impressive, both offensively and defensively." Pitino, in his second year with the Red Storm, was moved by something off the court on Friday, involving captain Zuby Ejiofor, who chipped in eight points, nine boards, two steals and two blocks. Ejiofor was serenaded by St. John's fans during the win, following his two missed free throws at the end of double overtime against Baylor. "When you've only been in a job for a year, you search for things you love about a place," Pitino said. "Tonight I found out what I love about St. John's. Our fans chanted Zuby's name the whole game, which doesn't happen anywhere else in America. I was really impressed with our fans and I thank them for making Zuby feel good, because he gives you all the energy." Luis leads the Red Storm with 17.3 points per game, followed by Ejiofor (10.7), Aaron Scott (10.5), Deivon Smith (10.3) and Richmond (10.2). Georgia enters Sunday's matchup looking to rebound from its first loss after falling to No. 15 Marquette 80-69 on Saturday. Georgia (5-1) battled back from a 15-point, second-half deficit, but was held to just three points over the final 4:57 in Saturday's loss. Blue Cain led the Bulldogs with a season-high 17 points, including five 3-pointers. "It's a process. It's a journey with this team," Bulldogs head coach Mike White said. "It's about continuing to make strides, continuing to protect our culture. ... At the end of the day, wins and losses are going to take care of themselves. We just have to embrace the process and enjoy it." Five-star freshman recruit Asa Newell was held to a season-low nine points but leads the team with 15.5 points per game. Silas Demary Jr. is second with 13.8. --Field Level Media
opened up about ongoing battle with dementia, though some of her comments raised eyebrows. The 62-year-old sat down for an interview with CNN in which she discussed the ongoing health battle her ex-husband is going through. was diagnosed with aphasia back in March 2022 and has retreated from the public eye since then. said that is in a stable place at this time, and urged anyone who has to deal with someone with dementia to do so with love and joy. "Given the givens, he's in a very stable place at the moment," told CNN. "And I've shared this before, but I really mean this so sincerely. It's so important for anybody who's dealing with this to really meet them where they're at, and from that place, there is such loving and joy." She also added that watching a loved one struggle with the condition is "very difficult" and "not what I would wish upon anyone." also pointed to the positives that have come from the battle stating: "There is great loss, but there is also great beauty and gifts that can come from it." That comment raised some eyebrows amongst fans. Moore and Willis relationship in 1987 before splitting in 2000. They share three daughters - After his divorce from , in 2009 and they have two daughters together: revealed his condition back in March 2022 with a post Instagram. It was later revealed he was suffering from frontotemporal dementia (FTD), a progressive terminal diseases that affects behaviour, language and occupational functioning. "To , as a family we wanted to share that our beloved has been experiencing some health issues and has recently been diagnosed with aphasia, which is impacting his cognitive abilities," they wrote in a joint Instagram statement at the time. "As a result of this and with much consideration is stepping away from the career that has meant so much to him. "This is a really challenging time for our family and we are so appreciative of your continued love, compassion and support. "We are moving through this as a strong family unit, and wanted to bring his fans in because we know how much he means to you, as you do to him. As Bruce always says, 'Live it up' and together we plan to do just that." The family recently spent the Thanksgiving holiday together, with sharing a touching moment with his girls that was posted on social media.One player who will be crucial to Inter Milan's success in this clash is their captain and talisman, Alessandro Bastoni. The young defender has been in exceptional form this season, marshaling the backline with authority and contributing with important goals from set-pieces.
Unlike scores of people who scrambled for the blockbuster drugs Ozempic and Wegovy to lose weight in recent years, Danielle Griffin had no trouble getting them. The 38-year-old information technology worker from New Mexico had a prescription. Her pharmacy had the drugs in stock. And her health insurance covered all but $25 to $50 of the monthly cost. For Griffin, the hardest part of using the new drugs wasn’t access. It was finding out that the much-hyped medications didn’t really work for her. “I have been on Wegovy for a year and a half and have only lost 13 pounds,” said Griffin, who watches her diet, drinks plenty of water and exercises regularly. “I’ve done everything right with no success. It’s discouraging.” In clinical trials, most participants taking Wegovy or Mounjaro to treat obesity lost an average of 15% to 22% of their body weight — up to 50 pounds or more in many cases. But roughly 10% to 15% of patients in those trials were “nonresponders” who lost less than 5% of their body weight. Now that millions of people have used the drugs, several obesity experts told The Associated Press that perhaps 20% of patients — as many as 1 in 5 — may not respond well to the medications. It's a little-known consequence of the obesity drug boom, according to doctors who caution eager patients not to expect one-size-fits-all results. “It's all about explaining that different people have different responses,” said Dr. Fatima Cody Stanford, an obesity expert at Massachusetts General Hospital The drugs are known as GLP-1 receptor agonists because they mimic a hormone in the body known as glucagon-like peptide 1. Genetics, hormones and variability in how the brain regulates energy can all influence weight — and a person's response to the drugs, Stanford said. Medical conditions such as sleep apnea can prevent weight loss, as can certain common medications, such as antidepressants, steroids and contraceptives. “This is a disease that stems from the brain,” said Stanford. “The dysfunction may not be the same” from patient to patient. Despite such cautions, patients are often upset when they start getting the weekly injections but the numbers on the scale barely budge. “It can be devastating,” said Dr. Katherine Saunders, an obesity expert at Weill Cornell Medicine and co-founder of the obesity treatment company FlyteHealth. “With such high expectations, there’s so much room for disappointment.” That was the case for Griffin, who has battled obesity since childhood and hoped to shed 70 pounds using Wegovy. The drug helped reduce her appetite and lowered her risk of diabetes, but she saw little change in weight. “It’s an emotional roller coaster,” she said. “You want it to work like it does for everybody else.” The medications are typically prescribed along with eating behavior and lifestyle changes. It’s usually clear within weeks whether someone will respond to the drugs, said Dr. Jody Dushay, an endocrine specialist at Beth Israel Deaconess Medical Center. Weight loss typically begins right away and continues as the dosage increases. For some patients, that just doesn't happen. For others, side effects such as nausea, vomiting and diarrhea force them to halt the medications, Dushay said. In such situations, patients who were counting on the new drugs to pare pounds may think they’re out of options. “I tell them: It's not game over,” Dushay said. Trying a different version of the new class of drugs may help. Griffin, who didn't respond well to Wegovy, has started using Zepbound, which targets an additional hormone pathway in the body. After three months of using the drug, she has lost 7 pounds. “I'm hoping it's slow and steady,” she said. Other people respond well to older drugs, the experts said. Changing diet, exercise, sleep and stress habits can also have profound effects. Figuring out what works typically requires a doctor trained to treat obesity, Saunders noted. “Obesity is such a complex disease that really needs to be treated very comprehensively,” she said. “If what we’re prescribing doesn’t work, we always have a backup plan.” The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.Real Madrid's decision to put a French star up for sale at a record price of €80 million is a testament to the club's commitment to organizational excellence and long-term success. As one of the most storied and successful football clubs in the world, Real Madrid is constantly striving to evolve and stay ahead of the competition. The departure of a key player represents a bold step towards building a stronger, more competitive squad that can deliver results on the biggest stages of football.
Next year could be the year for reforming the federal tax system, and while we’re optimistic, we also recognize the high stakes for our country’s future. President-elect Donald Trump has pledged to extend his signature Tax Cuts and Jobs Act, a 2017 law that revised the tax code and provided some sweet breaks to favored constituents. Many of those provisions are set to expire at the end of 2025 and, given the GOP’s control of Congress and the White House, the pressure will be on to act fast. Failure to extend the measures would mean increases for most taxpayers in 2026, and they would have no one to blame but Trump & Co. During his campaign, the president-elect teased additional giveaways, vowing to eliminate taxes on tips, which doesn’t make much sense, as well as Social Security income. Apparently, all kinds of ideas are on the table, which makes the complex job of rewriting tax law even more challenging. Throughout the 2000s, the U.S. has lived far beyond its means, as both major parties embraced deficit spending. Extending the Trump tax cuts will jack up the deficit by something like $5 trillion through fiscal 2035. Sweetening the pot with additional goodies would add still more to the tab. We send our best wishes to the much-ballyhooed Department of Government Efficiency, to be run by tech bosses Elon Musk and Vivek Ramaswamy. We’re all for eliminating waste, fraud and abuse. But given governmental instincts for self-preservation, experience teaches us to keep expectations modest. That leaves the national debt at $36 trillion and counting, threatening to increase inflation, raise interest rates, weaken the dollar and reduce the government’s capacity to make strategic investments. It’s disappointing to see the GOP , which always claimed to be the party of fiscal discipline when Democrats were in power, freeze out its deficit hawks when it controls the nation’s wallet. Trump has nominated some smart people for his economic team, including Scott Bessent for Treasury secretary, and we’re hopeful that grown-up thinking will prevail. Other Trump nominees could work against that, however. Consider Billy Long, a former GOP congressman from Missouri, whom Trump has proposed to head the Internal Revenue Service. The colorful Long is a professional auctioneer who went into business peddling a fraud-plagued tax credit after leaving public office. During his tenure, he joined other opportunists in scoring cheap political points by demonizing the IRS and pushing attention-getting tax ideas, evidently for effect . Exhibit A is Long’s effort to scrap the federal tax code, and the IRS along with it, while replacing the lost revenue with a regressive national sales tax. That would raise the cost of goods and services by anywhere from 30 to 44 cents for every dollar spent. It doesn’t take a political genius to recognize that raising the cost of a $1 item to as much as $1.44 would never work. Yet Long pushed for it, and now this unserious nominee is in line to run one of the most serious government agencies. Rather than promising to tear down the IRS for the sake of sound bites, the GOP needs to get real about change. This agency that everyone loves to hate will be crucial to carrying out its tax plan in 2025 and beyond. And, as Bessent and some of the better Trump nominees surely recognize, the GOP has a precious opportunity to bring about reform, if its more credible leaders are willing to put in the work instead of voicing fantasies about eliminating essential government services. The complexity of the federal tax code imposes an estimated $546 billion in annual costs on the U.S. economy, including billions of hours in lost productivity and out-of-pocket compliance costs, according to the center-right Tax Foundation. ... If the incoming Trump administration wants its tax-change plans to be carried out effectively, it should retire its anti-IRS rhetoric and give the agency the tools it needs to get the job done. After all, it’s a matter of following the law. Get local news delivered to your inbox!CIBC Asset Management Inc bought a new stake in shares of Ciena Co. ( NYSE:CIEN – Free Report ) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,243 shares of the communications equipment provider’s stock, valued at approximately $261,000. Several other institutional investors and hedge funds also recently bought and sold shares of CIEN. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in Ciena by 119.9% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 5,397,560 shares of the communications equipment provider’s stock valued at $260,054,000 after buying an additional 2,943,146 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Ciena by 24.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,706,308 shares of the communications equipment provider’s stock worth $130,392,000 after purchasing an additional 523,313 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Ciena by 1,944.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,062,394 shares of the communications equipment provider’s stock worth $101,986,000 after acquiring an additional 1,961,513 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Ciena by 17.2% in the 2nd quarter. Victory Capital Management Inc. now owns 2,049,464 shares of the communications equipment provider’s stock worth $98,743,000 after buying an additional 301,390 shares during the period. Finally, Pacer Advisors Inc. grew its holdings in Ciena by 7,767.2% during the 2nd quarter. Pacer Advisors Inc. now owns 1,966,414 shares of the communications equipment provider’s stock worth $94,742,000 after acquiring an additional 1,941,419 shares in the last quarter. 91.99% of the stock is currently owned by hedge funds and other institutional investors. Insiders Place Their Bets In other news, SVP David M. Rothenstein sold 3,500 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $67.43, for a total value of $236,005.00. Following the sale, the senior vice president now directly owns 199,997 shares in the company, valued at approximately $13,485,797.71. This trade represents a 1.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Also, SVP Joseph Cumello sold 1,289 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $68.99, for a total value of $88,928.11. Following the transaction, the senior vice president now directly owns 39,486 shares of the company’s stock, valued at approximately $2,724,139.14. This represents a 3.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 10,489 shares of company stock worth $657,051 over the last ninety days. Corporate insiders own 0.83% of the company’s stock. Analyst Ratings Changes View Our Latest Research Report on CIEN Ciena Price Performance NYSE:CIEN opened at $70.13 on Friday. The stock has a 50 day moving average price of $65.21 and a 200 day moving average price of $55.28. The stock has a market cap of $10.13 billion, a PE ratio of 74.61, a P/E/G ratio of 5.45 and a beta of 0.94. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.99 and a current ratio of 4.06. Ciena Co. has a one year low of $42.20 and a one year high of $73.47. Ciena ( NYSE:CIEN – Get Free Report ) last posted its earnings results on Wednesday, September 4th. The communications equipment provider reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.09. The company had revenue of $942.30 million during the quarter, compared to analysts’ expectations of $928.31 million. Ciena had a return on equity of 5.98% and a net margin of 3.44%. The firm’s quarterly revenue was down 11.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.36 earnings per share. Equities research analysts expect that Ciena Co. will post 1.13 EPS for the current fiscal year. Ciena announced that its board has authorized a stock buyback plan on Wednesday, October 2nd that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the communications equipment provider to purchase up to 10.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued. Ciena Company Profile ( Free Report ) Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company’s Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services. Featured Stories Want to see what other hedge funds are holding CIEN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ciena Co. ( NYSE:CIEN – Free Report ). Receive News & Ratings for Ciena Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ciena and related companies with MarketBeat.com's FREE daily email newsletter .
The ambassador's warning underscores the high stakes involved in the Syrian conflict and the need for all parties to exercise restraint and pursue diplomatic solutions to the crisis. It also highlights the delicate balance of power in the region and the potential for miscalculations and unintended consequences to trigger a wider conflagration.
In the midst of this turmoil, one thing is clear – the people of South Korea demand answers and justice. The outcome of these investigations will shape the course of the nation's future and determine the level of trust the public can place in their leaders.
BOZEMAN — For the first time in program history, the Montana State football team finished a regular season unbeaten. The No. 2-ranked Bobcats improved to 12-0 overall (8-0 in Big Sky Conference play) with a 34-11 win over No. 9 Montana (8-4, 5-3) in the 123rd Brawl of the Wild on Saturday afternoon at Bobcat Stadium. The victory gave MSU the outright Big Sky title and most likely secured a top-two seed in the FCS playoffs. Montana running back Eli Gillman is tackled by Montana State linebacker Bryce Grebe (10) and cornerback Andrew Powdrell in the 123rd Brawl of the Wild game on Saturday at Bobcat Stadium in Bozeman. It’s the first outright conference championship for the Cats since 1984. MSU is credited with a solo Big Sky title in 2011, although it initially shared it with UM before the NCAA vacated several UM wins due to extra benefits. MSU opened Saturday's game with a 14-play, 75-yard drive that Tommy Mellott capped with a 5-yard touchdown run. The home team has now scored first in six straight Brawls, and the home team has won each of the last five Cat-Griz games by at least 19 points. After both teams traded punts, UM got to MSU’s 25-yard line on a 21-yard run from Xavier Harris. The Grizzlies settled for a 47-yard field goal after an Eli Gillman run for no gain, a false start and an incomplete pass caused by pressure from McCade O’Reilly and Rylan Ortt. On the next drive, Mellott completed a 35-yard TD pass to Rohan Jones on third and 8 to put the Cats ahead 14-3 with about 10 minutes left in the first half. MSU’s Myles Sansted put MSU up 17-3 with a 27-yard field goal at the 1-minute, 40-second mark. UM turned it over on downs with 25 seconds on the clock. MSU set up a 49-yard field goal attempt five plays later, and Sansted drilled it as time expired to give the Cats a 20-3 halftime lead. It’s the longest field goal MSU has made since a 50-yarder from Blake Glessner against William & Mary in the 2022 FCS quarterfinals. Both teams opened the second half with punts. The Griz stuffed Mellott on 4th and 1 at the 5:14 mark, but they went three and out on the next drive after Sawyer Racanelli couldn’t hold onto a 28-yard pass from Logan Fife. MSU went up by 24 points on the next drive, thanks to an 88-yard run from Adam Jones. The Missoula Sentinel grad scored on a 3-yard TD run. The Cats led 27-3 going into the fourth quarter, two seasons after they held a 41-7 lead over UM in Bozeman through three quarters. The Griz scored their only TD of the game with 11:02 left. Eli Gillman scored from 1 yard out and Fife completed a two-point pass to Racanelli after a 17-yard pass to Aaron Fontes on fourth and 8. MSU took a 34-11 lead with 4:49 left on a 2-yard TD run from Adam Jones, who finished with 197 rushing yards. The Cats out-gained the Griz 420 to 234 in total yards, including 326 to 117 on the ground. This story will be updated. Victor Flores is the Montana State Bobcats beat writer for 406 MT Sports. Email him at victor.flores@406mtsports.com and follow him on Twitter/X at @VictorFlores406 Be the first to know Get local news delivered to your inbox!Video: Silver needs smoother path to production for energy transition, miners say
The government expressed confidence on Monday that the 2001 memorandum of understanding on joint development in the Gulf of Thailand signed by Thailand and Cambodia would not trigger mass protests. This was in response to former yellow-shirt movement leader and media firebrand Sondhi Limthongkul's threat to hold regular activities next year, which some observers have warned could escalate into mass demonstrations against the Pheu Thai-led government. At a forum on Sunday at Thammasat University's Tha Prachan campus, Mr Sondhi, the former leader of the now-defunct People's Alliance for Democracy (PAD), criticised Prime Minister Paetongtarn Shinawatra for her lack of knowledge and accused the government of disregarding the law. Mr Sondhi suggested now is the time to arm people with knowledge and suggested holding a monthly public forum starting next year. His remarks were seen as a threatening to move to oust the Paetongtarn government. Deputy Prime Minister Phumtham Wechayachai on Monday brushed aside the prospect of street protests and said Mr Sondhi has the constitutional right to hold rallies. He said the government is ready to face scrutiny and pointed out that there are already channels in place to keep the government in check. Mr Phumtham, the defence minister and a Pheu Thai Party heavyweight, also urged the former PAD leader to consider the possible impacts that street protests could have on the economy. The prolonged street protests to oust previous governments, which prompted authorities to close some areas, caused extensive damage to the country, he argued, referring to PAD protests, which shut down the city's airports for more than a week. Asked about Mr Sondhi's planned weekly meetings, the deputy prime minister said he was not concerned despite Mr Sondhi having led the mass protests in 2006, culminating in a coup toppling the Thaksin administration. Interior Minister Anutin Charnvirakul echoed Mr Phumtham's opinions, saying Mr Sondhi is free to lawfully exercise his constitutional right. However, Mr Anutin, leader of the Bhumjaithai Party, denied any internal struggle between his party and the Pheu Thai Party in the wake of the Khao Kradong land controversy . He said the coalition parties are working in unity and operate under the prime minister's instructions. In a media interview, Mr Sondhi, 77, said that it is undecided if he would lead a street protest against the Paetongtarn government. He said he did not want to, but he would do it if necessary. However, he said that the current political situation is not intense enough to proceed with such a drastic measure, although it was nearing that point. Panthep Phuaphongphan, a former PAD leader, said the Nov 24 forum was a test of people's readiness and designed to energise the PAD supporters. He insisted that no gatherings are planned at this stage. Mr Panthep said the public did not believe Thaksin was ill during his detention at the Police General Hospital. They were also sceptical about the government's planned negotiations with Cambodia over the sharing of natural resources in the Gulf of Thailand under the 2001 MoU. He stressed that Mr Sondhi would submit a petition to Ms Paetongtarn next year. "But whether or not people will join him, it is kept as a surprise [by Mr Sondhi]," he added.Regenerative Medicine Market to Skyrocket to USD 73,084.2 Million by 2033 at a 18.5% of CAGR
The Rutgers Scarlet Knights (6-4) were just one play away from taking down the only ranked team they have played this season, but their Week 13 game against the No. 25 Illinois Fighting Illini instead ended in heartbreak. Rutgers found themselves with a 31-30 lead late in the fourth quarter thanks to a touchdown pass from Athan Kaliakmanis to Kyle Monangai. With just 1:08 remaining in the game, Illinois looked to answer with a score of its own. After getting into Rutgers' territory, Illinois found itself in a 4th-and-13 situation from the 40 with 14 seconds remaining. Javascript is required for you to be able to read premium content. Thanks for the feedback.The New York Knicks secured a thrilling 113-108 victory on the road against the Toronto Raptors in a highly competitive matchup. The game was filled with momentum swings, clutch plays, and standout performances, but it was Karl-Anthony Towns who ultimately seized the spotlight with his exceptional display in the closing moments to seal the win for the Knicks.
From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know! University of Delaware has long touted marine science professor Xiao-Hai Yan ’s work with China’s Xiamen University as part of the two schools’ longtime partnership . A 2019 article in UD Daily , the “news service” of Delaware’s flagship university, noted that Yan “has played an integral role in ... efforts to improve and expand the intellectual exchange between UD and Xiamen University.” UD also promoted Yan’s work with the Chinese university in a 2019 article in UD Daily, noting that he directed their joint Center for Remote Sensing, which has equipment and students in both Newark, Delaware, and Xiamen, located in southeast China. The partnership began in 2008. Federal prosecutors, however, now say that UD was not candid about Yan’s ties to China and Xiamen University in 2020 — failing to disclose the relationship — when the school sought and received a grant from the National Aeronautics and Space Administration . Prosecutors say the school’s lack of transparency caused NASA to violate a federal law that prohibits the space agency from using funds to collaborate with China or Chinese-owned companies. Though no lawsuit was filed over the allegations, this month UD agreed in a six-page settlement with the U.S. Attorney’s Office in Delaware to pay the federal government more than $716,000 to settle civil allegations about its conduct surrounding the NASA grant. UD had certified that the funding would not be “used to participate, collaborate, or coordinate with the People’s Republic of China,” the settlement said. Specifically, the settlement says UD made that certification even though professor Yan, the “co-investigator” on the grant, was: Delaware budget director accused of serial shoplifting. Gov. Carney’s ‘trusted adviser’ arrested for alleged Home Depot thefts Cerron Cade, whose salary is $164,000 a year, is charged with shoplifting on six occasions. The total value of the alleged thefts was $394. 1 week ago Yan, 72, who retired from UD in September after 35 years, disputed the accusations in a written statement issued Monday to WHYY News. His statement said he was not on Xiamen’s faculty and “decided not to participate’’ in the talent program even though he had been selected. “To me, the ‘Talented People’ title is primarily honorary. My association with Xiamen University has only involved short-term visiting scholar roles, which were disclosed to the university,” including UD President Dennis Assanis. Yan added that “my scientific collaborations with Xiamen University were conducted on behalf of the University of Delaware. I served as a ‘bridge’ in these partnerships, encouraged and overseen by university administrators. All my work, including climate change research, has been entirely transparent.” The professor said the NASA grant in question was for $750,000 and was titled “Building a Competitive and Sustainable Delaware Remote Sensing Big Data Center for Cutting-Edge Coastal and Environmental Change Research and Workforce Development.” The work “focuses on environmental research in Delaware and is entirely unrelated to any Chinese universities,’’ Yan wrote. He added that “the project received strong support from Delaware’s congressional delegation,’’ citing U.S. Sens. Tom Carper and Chris Coons and U.S. Rep. Lisa Blunt Rochester, as well as unidentified “Delaware stakeholders” and UD. Under the settlement, UD did not admit liability, nor did the government concede “that its claims are not well-founded.” Prosecutors also reserved the right to investigate possible tax violations or criminal conduct. None of the parties provided UD’s application for the grant from NASA. UD officials would not agree to an interview about the deal and the allegations, except to issue this statement, without elaboration. “The University of Delaware is proud of its strong record of compliance in overseeing sponsored research and remains committed to promoting and safeguarding the responsible pursuit of scientific research,” the statement provided by spokesman Peter Bothum said. “The university relies, in part, on the candor and complete disclosures of individuals involved in the grant process. As noted in the release, this settlement is not an admission of wrongdoing by the university, but rather a strategic decision to avoid costly and distracting litigation.” David Weiss, the U.S. Attorney for Delaware, said the law requires universities and other research institutions “to make disclosures, including certain foreign affiliations, when applying for grants so that the granting agencies can assess whether to fund their research and development. My office will hold accountable applicants who undermine the integrity of the federal grant process by knowingly failing to submit complete and truthful applications.” Adelle K. Harris of NASA’s Office of Inspector General said the agency is dedicated to identifying and aggressively pursuing individuals who conceal affiliations with foreign entities and undermine the integrity of our academic system to obtain research funding.” Get daily updates from WHYY News! The free WHYY News Daily newsletter delivers the most important local stories to your inbox. WHYY is your source for fact-based, in-depth journalism and information. As a nonprofit organization, we rely on financial support from readers like you. Please give today.Eskom extends deadline for electricity meter upgradeDonald Trump ’s picks for a second term Cabinet were supposed to illuminate what a MAGA presidency free of guardrails would look like. Many of his picks have been surprising, some controversial . His initial announcements were giveaways to his base — Matt Gaetz, then Pam Bondi for AG; Tulsi Gabbard for director of national intelligence ; RFK Jr at HHS . But as the process continues , one familiar theme has emerged: the willingness of the incoming president to spurn committed right-wing ideologues within his party . The first clue was his selection of Marco Rubio to lead the State Department. A relatively centrist Republican senator who is a supporter of military aid to Ukraine and Israel, Rubio’s pick was seen as a blow to the isolationist wing of the party, which Trump has long been seen as championing. The Florida senator is facing accusations of being a “neocon” from the likes of Alex Jones, Ron Paul, and even RFK Jr, who The Hill reports is lobbying Trump to select someone else for the job. Rubio is just one nominee. But several of Trump’s other Cabinet -level picks are also rankling people who were hoping that a Trump victory would mean a return to power for a vision of the American right wing that never took into account the realities of MAGA-world and Trump himself. The Republican Party still struggles to wrestle with how Trump-style populism — sometimes isolationist, sometimes pro-labor, and infrequently consistent — fits in to the GOP ’s overall ideology. And vice versa. Scott Bessent’s nomination for Treasury is another key example. His selection on Friday came despite public lobbying against him specifically carried out by Elon Musk and murmurs about his connections to Democrat-supporting billionaire George Soros on the right. Other Republican figures have sounded off over his pick to run the Labor Department, Lori Chavez-DeRemer, over her support for the union-boosting Pro Act. But maybe Trump’s worst transgression against the far-right: his pick for Surgeon General. Yes: what is typically an apolitical appointment is now provoking rage among two key groups of voters who backed the incoming president in 2024, the anti-mask, anti-lockdown Covid-skeptic crowd (in all its various shades), and the anti-abortion evangelical and Catholic right. Many of the former crowd in particular gravitated towards Ron DeSantis in the 2024 GOP primary after he emerged as a vocal opponent of mask mandates and other public health guidelines while serving as Florida’s governor in 2020 and 2021. Dr Janette Nesheiwat’s nomination enrages both camps. A clip of Nesheiwat appearing on the Fox Business Network is spreading in right-wing circles; in the video, she expresses support for Facebook’s efforts to tamp down on vaccine and Covid conspiracies — a huge no-no for a segment of the population which adamantly refused to comply with mask mandates, social distancing requirements and protested the closure of schools when the virus was killing hundreds of thousands of Americans. Her Twitter/X post serving as the announcement of her intended appointment was immediately besieged by Trump supporters demanding that she refuse the position. “Watch your step, Janette. We don’t trust you,” wrote The Blaze host Sara Gonzales. If this feels familiar, it’s because Donald Trump has spent the past year making various decisions and statements which similarly enraged or otherwise spun up various groups of voters that make up the right flank of the GOP. That same willingness to disappoint hardline conservative Republicans — at least, the ones who pay attention to the day-to-day of the political news cycle — was evident throughout the 2024 campaign. The anti-abortion right frequently takes the brunt of it; Trump spurned them, and former rival DeSantis, when he refused to endorse Florida’s six-week abortion ban. His stance against legislation to ban abortion at the federal level angered that group, too. But the comparatively uncontroversial selections for Cabinet positions following a few initial outliers raises another question: is the president-elect attempting to build political capital with the Senate? And for what purpose? With the Trump administration reportedly plotting a massive day-one push on immigration, one that will likely rely on Congress in some form for changes to law and funding which can only be provided through the Legislative Branch, we may have that answer in the weeks ahead.