
Natixis Advisors LLC boosted its position in XPO, Inc. ( NYSE:XPO – Free Report ) by 118.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,016 shares of the transportation company’s stock after purchasing an additional 23,339 shares during the quarter. Natixis Advisors LLC’s holdings in XPO were worth $4,625,000 at the end of the most recent reporting period. A number of other large investors have also added to or reduced their stakes in XPO. O Shaughnessy Asset Management LLC raised its holdings in XPO by 53.7% in the first quarter. O Shaughnessy Asset Management LLC now owns 8,049 shares of the transportation company’s stock worth $982,000 after purchasing an additional 2,811 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in XPO by 21.5% in the first quarter. CANADA LIFE ASSURANCE Co now owns 79,089 shares of the transportation company’s stock worth $9,652,000 after purchasing an additional 13,981 shares in the last quarter. Paloma Partners Management Co purchased a new stake in shares of XPO during the first quarter worth about $353,000. Silvercrest Asset Management Group LLC purchased a new stake in shares of XPO during the first quarter worth about $252,000. Finally, Bayesian Capital Management LP purchased a new stake in shares of XPO during the first quarter worth about $1,323,000. 97.73% of the stock is currently owned by institutional investors. XPO Stock Down 0.5 % XPO stock opened at $148.94 on Friday. XPO, Inc. has a 12 month low of $78.72 and a 12 month high of $156.85. The firm has a market cap of $17.34 billion, a PE ratio of 48.47, a P/E/G ratio of 2.19 and a beta of 2.07. The firm has a 50 day simple moving average of $123.01 and a 200 day simple moving average of $114.53. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06. Analyst Upgrades and Downgrades A number of equities research analysts have recently weighed in on XPO shares. Stifel Nicolaus boosted their price target on XPO from $125.00 to $126.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Susquehanna upped their target price on XPO from $145.00 to $160.00 and gave the company a “positive” rating in a research report on Wednesday, September 18th. Evercore ISI dropped their target price on XPO from $129.00 to $125.00 and set an “outperform” rating on the stock in a research report on Thursday, October 3rd. Barclays upped their price objective on XPO from $150.00 to $170.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Finally, Wells Fargo & Company lifted their price target on shares of XPO from $119.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. Two research analysts have rated the stock with a sell rating and fifteen have given a buy rating to the company’s stock. According to data from MarketBeat, XPO currently has a consensus rating of “Moderate Buy” and an average target price of $141.13. Read Our Latest Report on XPO About XPO ( Free Report ) XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services. See Also Receive News & Ratings for XPO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XPO and related companies with MarketBeat.com's FREE daily email newsletter .Stran & Company Announces Receipt of Nasdaq Staff Delisting Determination
Betty White Forever: New stamp will honor the much-beloved 'Golden Girls' actorBuy or sell stocks: The Indian stock market indices ended flat after Thursday's trading session, as gains in shares of Adani Port, Bharti Airtel, and Mahindra and Mahindra were offset by losses in heavyweights like Reliance Industries, HDFC Bank and Titan. The Nifty 50 index closed 0.1 per cent higher at 23,750.20 points, compared to 23,727.65 points at the previous market close. The BSE Sensex closed flat at 78,472.48 points after Thursday's session, compared to 78,472.87 points at the previous market close. Vaishali Parekh's stocks to buy today Vaishali Parekh, vice president of technical research at Prabhudas Lilladher, said the Nifty witnessed resistance near the tough barrier around 23,850, an important 200-period MA zone. The bias is maintained with a cautiously positive approach as of now. Parekh estimates the Nifty 50 Spot index to find support at 23,600 points and face resistance at 24,000 points. The Bank Nifty index will likely move in the 50,800 to 51,800 range. Parekh recommended three buy-or-sell stocks for Friday: Voltas Ltd, Elecon Engineering Ltd, and Himadri Speciality Chemical Ltd (HSCL). Stock market today On the outlook for the Nifty 50 and the Bank Nifty index, Parekh said. “Nifty once again witnessed a sluggish move resisting near the tough barrier of 23,850 levels of the important 200-period MA and ended on a flat note on the last expiry day of the calendar year, with the bias maintained with a cautiously positive approach.” “As mentioned earlier, we maintain our technical view of the index having the immediate support of 23,500 zone, which needs to be sustained, and at the same time, on the upside, a close above 24,000 level is very important to establish conviction. Thereafter, anticipate further rise in the coming days,” said the stock market expert . “Bank Nifty opened on a positive note, fizzled out in the morning session, and thereafter remained rangebound near the 51,200 zone to end flat. The index needs to get past the important 100-period MA at the 51,700-zone to improve the bias from the current level. A decisive breach above the significant 50EMA level of 52,100 shall establish conviction for further rise,” said Parekh. Parekh said that the Nifty 50 Spot for today has support at 23,600 points and resistance at 24,000 points. The Bank Nifty index would have a daily range of 50,800 to 51,800. Buy or sell stocks by Vaishali Parekh 1. Voltas Ltd. (VOLTAS): Buy at ₹ 1,711; Target at ₹ 1,780; Stop Loss at ₹ 1,675. 2. Elecon Engineering Co. Ltd. (ELECON): Buy at ₹ 641.70; Target at ₹ 670; Stop Loss at ₹ 627. 3. Himadri Speciality Chemical Ltd. (HSCL): Buy at ₹ 565.80; Target at ₹ 586; Stop Loss at ₹ 552. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
NoneTen years ago today, two NYPD officers were shot and killed while sitting in their patrol car in Brooklyn . It was a shocking act of violence that came on the heels of citywide protests over police brutality in the wake of Eric Garner’s death. Garner had been placed in an prohibited chokehold by an NYPD officer who was never charged with a crime. The 2014 killings of officers Rafael Ramos and Wenjian Liu as they sat in their patrol car marked a turning point in New York City's relationship with law enforcement. Law enforcement experts said the tragedy caused police to put new safety measures in place for officers, and public sentiment about criminal justice reform has swung back and forth over time. Families of the men killed said there is more work to do to improve police-community relations. Police said they felt unsupported by then-Mayor Bill de Blasio, who had expressed empathy for the protesters, and that fury culminated when hundreds of officers literally turned their backs on him — both at the hospital on the day of the officers’ slayings and at one officer’s funeral. A decade later, the city has gone through even more protests, especially in 2020 , when lawmakers followed through on calls for criminal justice reform and reducing funding for the NYPD. After the reforms, a growing number of people started complaining that they felt a sense of disorder and danger on the streets. In 2021, residents elected Mayor Eric Adams, a former NYPD captain who ran on a law and order platform. Today, police are still trying to rebuild their relationship with the public, and vice versa. “ Morale in the job in the police department was really bad,” Jose Falero, Ramos’s friend and fellow police officer, said in an interview Wednesday. “Obviously George Floyd happened and that did not help things, but it just reminded us that we needed to continue to work harder. " On Dec. 20, 2014, police officers Rafael Ramos, 40, and Wenjian Liu, 32, sat in their car at the intersection of Myrtle and Tompkins avenues in Brooklyn. Witnesses said Ismaaiyl Brinsley walked up to the passenger window and shot his semiautomatic handgun four times, hitting both officers in the head and torso. Brinsley then fled into the Myrtle-Willoughby Avenues subway station and killed himself with the same gun. Earlier that day, Brinsley shot his girlfriend in Baltimore and traveled to New York. En route, he posted messages to social media saying that he planned to take revenge against police. He cited two recent incidents in which police had caused the deaths of Black men: Eric Garner in Staten Island and Michael Brown in Ferguson, Missouri. “I'm putting Wings on Pigs Today," Brinsley wrote beneath the image of a semiautomatic pistol. While the tragedy hurt officer morale, it also spurred the NYPD to implement safety measures that make officers safer, according to former Police Commissioner Bill Bratton, who led the department at the time. "Out of that tragedy came a lot of positives," he said. "There was just a lot of acceleration of technology acquisition and improved officer safety measures." Measures included bulletproof patrol cars and officer smartphones. Bratton said the NYPD also created two new units to respond to and manage intelligence: the Strategic Response Group, which has generated its own controversy , and the Critical Response Command, two units charged with counter-terrorism and protest response. Bratton noted that on the day of the murders, crucial intelligence about Brinsley’s plans was being transmitted from Baltimore. But it came through outdated paper-based teletype machines and did not reach officers like Liu and Ramos, who were on patrol. Six years after the murders, protests again broke out when an officer murdered George Floyd in Minneapolis. In New York, those protests and reform efforts culminated in the repeal of the state law known as "50-a," which shielded police disciplinary records from public view. The 2020 protests also gave rise to the “defund the police” movement, causing a $1 billion drop in NYPD funding. Lawmakers also gave the state Attorney General’s office more authority to investigate local police departments. Many of those reforms are still in place. The NYPD’s budget has rebounded, standing at about where it was before those “defund the police” steps, not accounting for inflation, according to reports from the City Council and the city’s Independent Budget Office. “ Policing is much, much better than it has been probably in the whole history of the country,” Jim Bueermann, a former California police chief and president of Future Policing Institute, a reform-minded policing think tank, said. “Police leaders are more highly educated and more attuned to community needs.” Bueermann said the killing of Ramos and Liu was a tragedy that uniquely affected officers in New York. Nationally, there have been other ambush slayings of officers that similarly affected the departments and communities where they happened. Overall, Bueermann said, 2014 was a year that started a social movement that ultimately professionalized departments across the country with more educated officers who better reflected their communities' demographics. The NYPD at large reflects the city’s demographics, but roughly half the people in leadership are still white . Under Mayor Adams' administration, the NYPD has returned to more aggressive policing , targeting low-level arrests and criticizing cash-bail reforms of 2020. But the president of the rank-and-file NYPD officers union said the anti-police sentiment from around the time Liu and Ramos were killed still exists. “The hateful anti-police rhetoric that inspired [Ramos and Liu’s] killer is still far too prevalent, and it’s still putting cops and our families at risk,” Patrick Hendry, president of the NYC Police Benevolent Association, said. “To truly honor the memory of these two heroes, we need the public to rally behind the cops who carry on their work.” Healing the relationship between police and the community is especially important to Ramos and Liu’s friends and families. Maritza Ramos, Rafael Ramos’ widow, along with Ramos' friend and fellow officer, Jose Falero, established the Detective Rafael Ramos Foundation. The group organizes toy giveaways where uniformed officers interact with local children in order to build a trusting relationship. On Wednesday, the organization visited P.S. 54, the Detective Rafael Ramos School, to give away toys ahead of the anniversary of his death. Roughly 100 children received toys and listened to the NYPD band play Christmas carols. “ My husband died unfortunately because someone thought that all cops are bad,” Maritza Ramos said in an interview before the giveaway. “The only way to change that is for people to see cops in a positive light.” Pei Xia Chen, the wife of Wenjian Liu, also created the Wenjian Liu Foundation to support the families of first-responders who have died. After her husband’s death, Pei Xia Chen said, she was helped by a black lab named Liuliu who gave her unconditional support and companionship. Her foundation has trained nine therapy dogs for the families of other NYPD and FDNY employees who have died. In an interview Wednesday, she said she has also thought a lot about policing in the years since 2014. “ The media, the politicians, they are all making police to be evil,” she said. “I think we should have a little bit more support... don't attack them.”
New York Rep. Ritchie Torres on Friday called Gov. Kathy Hochul the “new Joe Biden” — suggesting she shouldn’t run for re-election — in yet another not-so-subtle sign the Bronx Democrat is considering jumping into the race. Torres, in a post on X, pointed to Hochul’s dismal favorability rating, which at one point this year even dipped below that of President-elect Donald Trump in deep-blue New York. “Kathy Hochul is the new Joe Biden,” the congressman wrote . “She may be in denial about the depth of her vulnerabilities as a Democratic nominee. “A Democratic incumbent who is less popular in New York than Donald Trump is in grave danger of losing to a Republican in 2026–an outcome not seen in 30 years,” Torres continued. “Waiting until it’s too late gave us a Republican President in 2024 and could give us a Republican Governor in 2026,” he added. “Let’s avoid repeating history and avoid sleepwalking toward impending disaster and defeat.” Torres — a strong supporter of Israel since Hamas’ Oct. 7, 2023 attack — has been making inroads in recent months, especially with business interests. During a Citizens Budget Commission event in Manhattan this week, he ripped New York’s “misgovernance” — leading political insiders to believe he could be eyeing the Executive Mansion. Sources have suggested in recent months that Hochul’s team is terrified of a primary challenge by Torres, who could court her supposed base of moderate Democrats. A spokesperson for Hochul — who is up for reelection in 2026 — touted New York Democrats’ gains in the US House of Representatives during the November election. “Governor Hochul is proud to have led New York Democrats in a successful election cycle, giving Congressman Torres four new Democratic colleagues in Congress,” the rep said in a statement Friday. “The governor remains focused on delivering results for New Yorkers, from driving down crime to lowering costs for working families.” State Democratic Committee Chairman Jay Jacobs, a close ally of Hochul, recently defended the governor during an interview on WCNY’s the Capitol Pressroom. “No, I don’t see that at all,” Jacobs said asked by host David Lombardo whether Democrats should look for a new standard-barer in 2026. While Jacobs said he would be “surprised” to see a serious primary challenge, but in the same breath said Democrats are vulnerable to Republicans who are gaining ground in the Empire State. “In this time, when I think we have to be more concerned with the potential of a Republican becoming governor, because you look at the state and some of the shifts, I think it’s time for Democrats to come together and rally around this governor and rally around a more moderate centrist approach to government,” Jacobs said.
Danish Shipping strongly supports IMO guidelines on biofouling management to protect vulnerable marine ecosystems and the biodiversity of the seas. Biofouling is a major factor in the spread of invasive species. Tiny algae and barnacles stuck on the hulls of ships can spread invasive species over vast distances and cause problems in marine ecosystems on the other side of the world. “There is a lot we can do to reduce the risk of moving invasive aquatic species into vulnerable marine ecosystems. We recommend regular monitoring and hull-cleaning using non-toxic long-lasting coatings and innovative hull design and technologies. Our ships travel vast distances, and we must make sure that we do not carry invasive species with us and damage marine ecosystems on our journeys,” said Nina Porst, Director of Climate, Environment and Security at Danish Shipping. So-called biofouling on the hulls of ships is not only a potential threat to vulnerable marine ecosystems, but it also causes increased fuel consumption, when there are things stuck to the hull (due to the increased friction). ‘’ We must take the appropriate steps to protect the marine environments that our ships travel through.’’ Nina Porst, Director of Climate, Environment and Security at Danish Shipping Proper biofouling management reduces fouling, bio-security risks and fuel consumption. Danish Shipping recommends that its members follow IMO guidelines and keep records of their adherence to the guidelines. Studies have shown that biofouling is a major factor in the spread of invasive species. And that even a small amount of fouling (like algae or barnacles) can increase drag by up to 55%, leading to a considerable rise in fuel consumption. “We must take the appropriate steps to protect the marine environments that our ships travel through. By adopting a smart biofouling management plan, you not only help protect the environment, but you also reduce fuel consumption. It just makes good environmental and business sense to do so,” said Nina Porst. Danish Shipping has adopted a new policy on biofouling management, where it recommends that its members follow IMO guidelines, which are currently not mandatory. Source: Danish ShippingWoman's death under investigation after she falls from truck