
( MENAFN - GlobeNewsWire - Nasdaq) ANCHORAGE, Alaska, Dec. 22, 2024 (GLOBE NEWSWIRE) -- Alaska Permanent Capital Management, Co. (APCM) announced it is engaged in a transaction to be acquired by Blue Umbrella, LLC. The transaction is expected to close by March 2025, and will make Blue Umbrella the majority owner of APCM and its subsidiary company, Alaska Wealth Advisors. Outgoing Alaska Permanent Capital Management's Evan Rose, CEO said of the acquisition, " William (Bill) Lierman will transition to the CEO role, has been with APCM for 22 years and he, along with 19-year veteran Brandy Niclai, Chief investment Officer Multi-Asset, are proven firm leaders with extensive client, product, service and partner experience. Now, backed by the resources and support of Blue Umbrella, we're enthusiastic about new opportunities to expand APCM's product mix and client relationships." Blue Umbrella's Jimmy Miner said,“We are thrilled and honored to welcome Alaska Permanent Capital Management into our growing portfolio of local Alaskan companies with a bright future. Their longstanding leadership team's proven commitment to customer care and delivering value aligns with our core philosophy, and we look forward to supporting them as they continue to provide the excellent services, advice and growth their clients have come to expect.” Upon closing the transaction, the APCM team will have the benefit of additional resources and capital to foster growth, community networks and new client relationships under the ongoing guidance and expertise of long-term staff. Rose will remain onboard at APCM as Chief Compliance Officer. And CEO Laura Bruce and her team at Alaska Wealth Advisors (AWA), will continue to provide financial planning and investment management to AWA's broad mix of individual and institutional investors. About Blue Umbrella, LLC Blue Umbrella is an Alaskan holding company founded in 2021 and based In Anchorage. The firm specializes in solving succession-planning issues for companies in the middle market by bringing long-term, patient capital with a focus on stability, capital allocation and growth. About Alaska Permanent Capital Management, Co. APCM, an investment adviser since 1992, provides institutional investment management for active fixed income portfolios and balanced accounts that include a mix of stock index funds, bonds, and alternative investments. Dave Rose, the first executive director of the Alaska Permanent Fund Corporation, founded the firm. Alaska Wealth Advisors, a subsidiary of APCM, is a registered investment adviser. Since 2014. Alaska Wealth Advisors has provided financial planning and investment management for individuals, trusts, retirement funds, and institutions. MENAFN22122024004107003653ID1109021481 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Hollywood is mourning one of their own. Olivia Hussey Eisley, star of the 1968 film Romeo and Juliet, has died. She was 73. “It is with profound sadness that we announce the passing of Olivia Hussey Eisley, who went peacefully at home surrounded by her loved ones on December 27th,” read a post shared on the actress’ Instagram page. “Olivia was a remarkable person whose warmth, wisdom, and pure kindness touched the lives of all who knew her.” The message continued, “Olivia lived a life full of passion, love, and dedication to the arts, spirituality, and kindness towards animals. Olivia leaves behind a loving family- her children, Alex, Max, and India, her husband of 35 years David Glen Eisley, and grandson, Greyson, and a legacy of love that will forever be cherished in our hearts.” Olivia was born in 1951 in Buenos Aires, Argentina to an Argentine dad, tango singer Andrés Osuna, and British mom, Joy Hussey. The actress spent most of her childhood in her mom’s native England and began her acting career as a teenager, appearing in plays before making her onscreen debut on the TV show Drama 61-67. At age 15, she landed her big break playing Juliet in Franco Zeffirelli’s 1968 film adaptation of William Shakespeare’s Romeo and Juliet. The movie won two Oscars and both Olivia and Leonard Whiting won Golden Globes for their leading performances. In 2022, she and the fellow British actor sued the movie’s production company, Paramount Studios, alleging they were filmed in the nude for the film without their knowledge while they were minors. A Los Angeles judge dismissed the case in 2023, ruling that found their depiction could not be considered child pornography and that the pair filed their claim too late, NBC News reported. In addition to Romeo and Juliet, Olivia is known for her role in the 1974 holiday slasher film Black Christmas. She also played Mary in the 1977 miniseries Jesus of Nazareth and starred in the 1979 movie Death on the Nile and the 1990 miniseries It, based on Stephen King’s hit novel. In 1997, Olivia guest starred on Boy Meets World as Topanga’s Aunt Prudence. Throughout the ’90s and aughts, the actress completed a lot of voiceover work on shows such as Batman Beyond and Star Wars: The Old Republic. Olivia’s last role was in the 2015 film Social Suicide. In the film, which is inspired by Romeo and Juliet, she and Leonard play the parents of a character portrayed by her real-life daughter India.Stocks closed higher on Wall Street as the market posted its fifth straight gain and the Dow Jones notched another record high. The S&P 500 rose 0.3 per cent. The benchmark index’s 1.7 per cent gain for the week erased most of its loss from last week. Wall Street has steadied after a volatile few weeks. Credit: AP The Dow rose 1 per cent as it nudged past its most recent high set last week, and the Nasdaq composite rose 0.2 per cent. The Australian sharemarket is set to climb, with futures pointing to a rise of 52 points, or 0.6 per cent. Markets have been volatile over the last few weeks, losing ground in the runup to elections in November, then surging following Donald Trump’s victory, before falling again. The S&P 500 has been steadily rising throughout this week to within close range of its record. It’s now within about 0.5 per cent of its all-time high set last week. Loading “Overall, market behaviour has normalised following an intense few weeks,” said Mark Hackett, chief of investment research at Nationwide, in a statement. Several retailers jumped after giving Wall Street encouraging financial updates. Gap soared 12.8 per cent after handily beating analysts’ third-quarter earnings and revenue expectations, while raising its own revenue forecast for the year. Discount retailer Ross Stores rose 2.2 per cent after raising its earnings forecast for the year. EchoStar fell 2.8 per cent after DirecTV called off its purchase of that company’s Dish Network unit. Smaller company stocks had some of the biggest gains. The Russell 2000 index rose 1.8 per cent. A majority of stocks in the S&P 500 gained ground, but those gains were kept in check by slumps for several big technology companies. Nvidia fell 3.2 per cent. Its pricey valuation makes it among the heaviest influences on whether the broader market gains or loses ground. The company has grown into a nearly $US3.6 trillion ($5.5 trillion) behemoth because of demand for its chips used in artificial-intelligence technology. Intuit, which makes TurboTax and other accounting software, fell 5.7 per cent. It gave investors a quarterly earnings forecast that fell short of analysts’ expectations. Facebook owner Meta Platforms fell 0.7 per cent following a decision by the Supreme Court to allow a multibillion-dollar class action investors’ lawsuit to proceed against the company. It stems from the privacy scandal involving the Cambridge Analytica political consulting firm. All told, the S&P 500 rose 20.63 points to 5,969.34. The Dow climbed 426.16 points to 44,296.51, and the Nasdaq picked up 42.65 points to close at 2,406.67. European markets closed mostly higher and Asian markets ended mixed. Crude oil prices rose. Treasury yields held relatively steady in the bond market. The yield on the 10-year Treasury fell to 4.41 per cent from 4.42 per cent late Thursday. In the crypto market, bitcoin hovered around $US99,000, according to CoinDesk. It has more than doubled this year and first surpassed the $US99,000 level on Thursday. Retailers remained a big focus for investors this week amid close scrutiny on consumer spending habits headed into the holiday shopping season. Walmart, the nation’s largest retailer, reported a quarter of strong sales and gave investors an encouraging financial forecast. Target, though, reported weaker earnings than analysts’ expected and its forecast disappointed Wall Street. Loading Consumer spending has fueled economic growth, despite a persistent squeeze from inflation and high borrowing costs. Inflation has been easing and the Federal Reserve has started trimming its benchmark interest rates. That is likely to help relieve pressure on consumers, but any major shift in spending could prompt the Fed to reassess its path ahead on interest rates. Also, any big reversals on the rate of inflation could curtail spending. Consumer sentiment remains strong, according to the University of Michigan’s consumer sentiment index. It revised its latest figure for November to 71.8 from an initial reading of 73 earlier this month, though economists expected a slight increase. It’s still up from 70.5 in October. The survey also showed that consumers’ inflation expectations for the year ahead fell slightly to 2.6 per cent, which is the lowest reading since December of 2020. Wall Street will get another update on how consumers feel when the business group The Conference Board releases its monthly consumer confidence survey on Tuesday. A key inflation update will come on Wednesday when the US releases its October personal consumption expenditures index. The PCE is the Fed’s preferred measure of inflation and this will be the last PCE reading prior to the central bank’s meeting in December. AP The Market Recap newsletter is a wrap of the day’s trading. Get it each we e kday afternoon . Save Log in , register or subscribe to save articles for later. World markets Wall Street Shares Most Viewed in Business Loading
HIGH POINT, N.C. (AP) — Brian Moore Jr. scored 33 points as Norfolk State beat High Point 77-74 on Sunday. Moore added five rebounds and six assists for the Spartans (9-6). Christian Ings scored 12 points, shooting 5 of 6 from the field and 2 for 4 from the line. Jalen Myers had seven points and shot 1 of 3 from the field and 4 of 5 from the free-throw line. The Panthers (12-3) were led in scoring by Chase Johnston, who finished with 24 points. Kimani Hamilton added 18 points, 15 rebounds, five assists and two blocks for High Point. Kezza Giffa also put up 12 points. Up next for Norfolk State is a matchup Tuesday with Tennessee on the road. High Point hosts Radford on Thursday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Sriinagar, Dec 29: The National Statistics Office (NSO), Field Operations Division (FOD), Regional Office Srinagar, successfully organized a four-day Regional Training Camp from December 23-27, 2024. The comprehensive training covered Socio-Economic Survey (December 23-24), Periodic Labour Force Survey (December 26), and Annual Survey of Unincorporated Sector Enterprise (ASUSE) (December 27). The training camp was conducted under the supervision of Arif Iqbal Bhat, Assistant Director, NSO-FOD RO Srinagar, and Syed Adil Zahoor, Assistant Director, NSO (FOD) Sub Regional Office Baramulla. Field staff (SE and FI) from RO Srinagar, SRO Anantnag, and SRO Baramulla participated, including Coordinator SSOs and Incharge/SSOs from both SROs. Syed Adil Zahoor inaugurated the camp, emphasizing the significance of these surveys in understanding regional socio-economic dynamics. He highlighted how accurate data collection shapes effective policies and programs for economic development and population needs. The training sessions were led by Arif Iqbal Bhat, Assistant Director, and Sheikh Taheen Mustafa, Senior Statistical Officer at RO Srinagar. Mustafa conducted training on Social Consumption on Health, PLFS, and ASUSE, while Bhat covered the Comprehensive Moduler Survey (CMS) on Telecom. Participants engaged in hands-on training, discussions, and interactive workshops covering data collection techniques, survey methodologies, and statistical analysis for informed policy decisions. The camp aimed to enhance the workforce’s capacity to perform their roles with precision and professionalism. In his closing remarks, Arif Iqbal Bhat expressed gratitude to all participants for their commitment and encouraged them to implement their newly acquired knowledge in their respective roles. He emphasised the region’s dedication to improving socio-economic conditions through these crucial surveys. The event concluded with a vote of thanks by Masrat Siddiq, Senior Statistical Officer, RO Srinagar. The NSO-FOD Regional Office Srinagar remains committed to organizing similar informative events in the future to strengthen data collection and analysis capabilities.Some elite US universities favor wealthy students in admissions decisions, lawsuit alleges