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Charles Schwab Investment Management Inc. grew its position in shares of Ciena Co. ( NYSE:CIEN – Free Report ) by 0.7% during the third quarter, Holdings Channel reports. The fund owned 955,516 shares of the communications equipment provider’s stock after purchasing an additional 6,605 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Ciena were worth $58,850,000 as of its most recent SEC filing. Other institutional investors have also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. bought a new position in shares of Ciena during the first quarter valued at $222,000. Tidal Investments LLC increased its stake in Ciena by 372.8% during the 1st quarter. Tidal Investments LLC now owns 36,744 shares of the communications equipment provider’s stock valued at $1,817,000 after purchasing an additional 28,972 shares in the last quarter. Virtu Financial LLC purchased a new position in Ciena in the first quarter worth about $341,000. First Hawaiian Bank bought a new position in shares of Ciena in the second quarter worth approximately $661,000. Finally, Fulton Bank N.A. grew its holdings in shares of Ciena by 16.7% during the second quarter. Fulton Bank N.A. now owns 7,315 shares of the communications equipment provider’s stock valued at $352,000 after buying an additional 1,046 shares during the last quarter. Institutional investors own 91.99% of the company’s stock. Wall Street Analysts Forecast Growth Several equities analysts recently issued reports on the company. Barclays upped their price objective on Ciena from $55.00 to $67.00 and gave the company an “overweight” rating in a research report on Thursday, September 5th. Morgan Stanley cut Ciena from an “overweight” rating to an “equal weight” rating and set a $63.00 price objective on the stock. in a research report on Monday, October 28th. BNP Paribas lowered Ciena from an “outperform” rating to a “neutral” rating and boosted their target price for the stock from $59.00 to $67.00 in a research report on Wednesday, October 9th. Rosenblatt Securities raised their price target on shares of Ciena from $54.00 to $60.00 and gave the company a “neutral” rating in a report on Thursday, September 5th. Finally, Northland Securities reissued a “market perform” rating and set a $46.00 price objective on shares of Ciena in a report on Tuesday, September 3rd. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $63.08. Ciena Stock Performance NYSE:CIEN opened at $69.79 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.99 and a current ratio of 4.06. The stock has a 50-day simple moving average of $66.25 and a two-hundred day simple moving average of $55.86. The firm has a market capitalization of $10.08 billion, a PE ratio of 74.68, a P/E/G ratio of 5.62 and a beta of 0.94. Ciena Co. has a 52-week low of $42.20 and a 52-week high of $73.47. Ciena ( NYSE:CIEN – Get Free Report ) last released 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. Ciena had a net margin of 3.44% and a return on equity of 5.98%. The company had revenue of $942.30 million during the quarter, compared to analyst estimates of $928.31 million. During the same period in the prior year, the firm posted $0.36 EPS. The firm’s quarterly revenue was down 11.8% compared to the same quarter last year. Analysts forecast that Ciena Co. will post 1.13 EPS for the current year. Ciena announced that its Board of Directors has approved a stock repurchase program on Wednesday, October 2nd that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the communications equipment provider to reacquire up to 10.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued. Insider Activity In other Ciena news, SVP David M. Rothenstein sold 3,500 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $56.24, for a total transaction of $196,840.00. Following the completion of the sale, the senior vice president now directly owns 205,421 shares of the company’s stock, valued at $11,552,877.04. This trade represents a 1.68 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website . Also, SVP Joseph Cumello sold 1,289 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $68.99, for a total transaction of $88,928.11. Following the completion of the transaction, the senior vice president now directly owns 39,486 shares in the company, valued at $2,724,139.14. This trade represents a 3.16 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold 10,489 shares of company stock worth $657,051 in the last three months. Company insiders own 0.83% of the company’s stock. 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 .
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The NBA has announced ( Twitter link ) that it has dinged All-NBA Timberwolves guard Anthony Edwards to the tune of $100K after he swore during a postgame live television conversation on Dec. 27. Minnesota trailed Houston by 16 points with less than five minutes remaining in regulation, but stormed all the way back to eke out a one-point win, 113-112. Edwards hit the game-winning three-pointer after the club’s intended play, designed for All-Star forward Julius Randle , fell apart. “We made it happen,” Edwards said of his team’s comeback, per Timberwolves Rally ( Twitter video link ). “We got some stops. We made some big shots, and we made a big shot at the end right there. All I knew was, the play was for [Randle] to go... big-small pick-and-roll, once he picked it up, I mean, who else? I got to go get it, s—.” “And [ Nickeil Alexander-Walker ] found me,” Edwards said. “I’m like, ‘S—, I’m going for the win.’ Like Gilbert Arenas said, ‘I don’t do overtime,’ so f— it.” Edwards finished the game with 24 points on 9-of-17 shooting from the floor and 2-of-3 shooting from the foul line, along with five rebounds, three assists and a block. The 6-foot-4 wing was fined $75K for the same kind of infraction, cursing in a postgame interview, less than a week ago. Two weeks prior to that, the league penalized him with a $25K fine for swearing during a postgame media session after another contest. In November, the NBA saw fit to ding Edwards for a cool $35K for flipping off a Sacramento fan. It appears the league is hoping to send a message to Edwards about speaking so casually in these interviews with these escalating fines. Across 30 contests so far, the two-time All-Star is submitting typically solid numbers for a middling 16-14 Timberwolves squad. Edwards is averaging 25.3 points on .447/.420/.803 shooting splits, 5.5 rebounds and 4.0 assists a night. This article first appeared on Hoops Rumors and was syndicated with permission.SCOTTSDALE, Ariz. (AP) — Even when Penn State quarterback Drew Allar gets some praise, it's usually a backhanded compliment. Read this article for free: Already have an account? To continue reading, please subscribe: * SCOTTSDALE, Ariz. (AP) — Even when Penn State quarterback Drew Allar gets some praise, it's usually a backhanded compliment. Read unlimited articles for free today: Already have an account? SCOTTSDALE, Ariz. (AP) — Even when Penn State quarterback Drew Allar gets some praise, it’s usually a backhanded compliment. They say he’s a good game manager and stays within himself, or that he doesn’t try to do too much. They mention he might not be flashy, but he gives the team a chance to win. And here’s the thing about Penn State since Allar stepped under center: The Nittany Lions have won games. A lot of them. Sometimes that’s hard to remember considering the lukewarm reception he often gets from fans. “I get it — we have a really passionate fan base and they’re a huge part of our success,” Allar said Sunday at College Football Playoff quarterfinals media day. “For us, we always want to go out there every drive and end with a touchdown, so when we don’t do that, there’s nobody more frustrated than us.” The polarizing Allar is having a solid season by just about any standard, completing more than 68% of his passes for 3,021 yards, 21 touchdowns and seven interceptions while leading the sixth-seeded Nittany Lions to a 12-2 record and a spot in the Fiesta Bowl for Tuesday’s game against No. 3 seed Boise State. But in a college football world filled with high-scoring, explosive offenses, Allar’s no-frills performances often are the object of ire. The Penn State offense is a run-first bunch, led by the talented combo of Nicholas Singleton and Kaytron Allen. “If we had a nickel for every time there was a Monday morning quarterback saying some BS stuff, we’d all be pretty rich,” offensive coordinator Andy Kotelnicki said. “I think part of being a quarterback, especially at Penn State but really anywhere, is how you respond to and manage criticism.” The 20-year-old Allar has made strides in that department after a trying 2023 season that finished with a 10-3 record. He says that’s largely because once fall camp started back in August, he logged off the social media platform X. Allar said negative online experiences wore on him last year, and his phone number was leaked a few times, which added to the stress. He finally realized that controlling outside narratives was impossible, so the best course of action was to eliminate a needless distraction. “I’ve been more mentally free, as much as that sounds crazy,” Allar said. “I think that’s been a huge difference for me this year.” The biggest criticism of Allar — and really Penn State as a whole during the 11-year James Franklin era — is that he isn’t capable of winning the big games. He’s 0-2 against rival Ohio State and threw a late interception against Oregon in the Big Ten title game earlier this month, which sealed the Ducks’ 45-37 victory. He wasn’t great in the CFP’s first round, either, completing just 13 of 22 passes for 127 yards as Penn State muscled past SMU 38-10 on a cold, blustery day to advance to the Fiesta Bowl. But the quarterback is confident a better performance — aided by a game that will be played in comfortable temperatures in a domed stadium — is coming. “For me, I just have to execute those (easy) throws early in the game and get our guys into rhythm,” Allar said. “Get them involved early as much as I can and that allows us to stay on the field longer, call more plays and open up our offense more. That will help us a ton, building the momentum throughout the game.” Allar might be a favorite punching bag for a section of the Penn State fan base, but that’s not the case in his own locker room. Star tight end Tyler Warren praised his quarterback’s ability to avoid sacks, saying that the 6-foot-5, 238-pounder brings a toughness that resonates with teammates. “He’s a football player,” Warren said. “He plays quarterback, but when you watch him play and the energy he brings and the way he runs the ball, he’s just a football player and that fires up our offense.” Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Now Allar and Penn State have a chance to silence critics who say that the Nittany Lions don’t show up in big games. Not that he’s worried about what other people think. “I think it’s a skill at the end of the day — blocking out the outside noise,” Allar said. “Focusing on you and the process and being honest with yourself, both good and bad.” ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football Advertisement Advertisement
Aespa Karina ‘s visuals are once again generating buzz! Particularly, her viral moments on the LED screen during live concerts and events are gaining attention. These iconic moments, such as when she pitched at a Baseball game , capture her flawless and unedited beauty. Of course, during these moments, fans scream at the top of their lungs! in another episode of crowd going crazy when karina shows up on screen pic.twitter.com/JYTOFsBetj — ❦ (@rinasgirl) November 23, 2024 Whenever fans post these moments online, they quickly garner attention. KARINA ON THAT BIG SCREEN LOOK SO INSANE pic.twitter.com/fEBZncuYmH — jolly (@bluupilled) October 12, 2024 you can count on karina to make people scream just by appearing on the big screen pic.twitter.com/kFdSgRClXk — naz༉ (@aekvrna) February 18, 2024 Netizens were left in awe of how someone could appear so ethereal, even on a big screen they would illuminate the average person’s flaws. I wonder what it must feel like to actually look like Karina... So, so pretty. Beautiful... I was watching the MAMA rerun late at night and was stunned by how beautiful she looked. Huh, she looks like a game character... Holy... Ah, I’ve fallen for her again. Yoo Ji-min, how long are you going to keep enchanting us? She’s seriously so gorgeous. Ah, Jimin-ah... I really want to see her face in real life. I’m amazed every time I see her photos—how stunning must she be in person? Check out more gorgeous moments of Karina on the big screen below! aespa Aespa’s NingNing Baffles Netizens With Her Weight Loss Aespa’s “2024 MAMA Awards” Win Triggers Debate Over AI Usage Korean Announcer Claims To Look Like aespa’s Karina Unexpected Story Of Popular Korean Star Meeting aespa’s Karina For The First Time Is Going Viral See more aespaHornets point guard LaMelo Ball will miss at least 2 weeks with a left calf strain
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Taoiseach Simon Harris said he also wanted to tell Nikita Hand, a hair colourist from Drimnagh, that her case had prompted an increase in women coming forward to ask for support. Ms Hand, who accused the sportsman of raping her in a Dublin hotel in December 2018, won her claim against him for damages in a civil case at the High Court in the Irish capital on Friday. The total amount of damages awarded to Ms Hand by the jury was 248,603.60 euro (£206,714.31). Mr McGregor said in a post on the social media site X on Friday that he intends to appeal against the decision. That post has since been deleted. Mr McGregor posted to X again on Saturday to criticise the court process and said “we are not done yet... appeal!”. Speaking to the media on Saturday, Mr Harris said he told Ms Hand of the support she has from people across Ireland. “I spoke with Nikita today and I wanted to thank her for her incredible bravery and her courage,” he said. “I wanted to make sure that she knew how much solidarity and support there was across this country for her bravery. “I also wanted to make sure she knew of what the Dublin Rape Crisis Centre had said yesterday – that so many other women have now come forward in relation to their own experiences of sexual abuse as a result of Nikita’s bravery.” The Dublin Rape Crisis Centre said the case has had a “profound effect” on the people the charity supports, and that over the first 10 days of the High Court case, calls to its national helpline increased by almost 20%. It said that first-time callers increased by 50% compared to the same period last year, and were largely from people who had experienced sexual violence who were distressed and anxious from the details of case and the views people had to it. Mr Harris said: “I wanted to speak with her and I wanted to wish her and her daughter, Freya, all the very best night, and I was very grateful to talk with Nikita today. “Her bravery, her courage, her voice has made a real difference in a country in which we must continue to work to get to zero tolerance when it comes to domestic, sexual and gender-based violence. “I don’t want to say too much more, because conscious there could be further legal processes, but I absolutely want to commend Nikita for her bravery, for her courage, for using her voice.” Justice Minister Helen McEntee praised Ms Hand’s bravery and said she had shown “there is light at the end of the tunnel”. She said: “I just want to commend Nikita for her bravery, for her determination and the leadership that she has shown in what has been – I’ve no doubt – a very, very difficult time for her and indeed, for her family. She added: “Because of wonderful people like Nikita, I hope that it shows that there is light at the end of the tunnel, that there are supports available to people, and that there is justice at the end of the day.” Ms Hand said in a statement outside court on Friday that she hoped her case would remind victims of assault to keep “pushing forward for justice”. Describing the past six years as “a nightmare”, she said: “I want to show (my daughter) Freya and every other girl and boy that you can stand up for yourself if something happens to you, no matter who the person is, and justice will be served.” During the case, Ms Hand said she was “disappointed and upset” when the Director of Public Prosecutions (DPP) decided not to prosecute the case after she made a complaint to the Irish police. In a letter to her in August 2020, the DPP said there was “insufficient evidence” and there was not a reasonable prospect of conviction. Ms Hand asked the DPP to review the decision, saying she felt she was being treated differently because one of the suspects was famous. Asked about the DPP’s decision not to prosecute, Mr Harris and Ms McEntee stressed the importance of the DPP’s independence on whether to prosecute. “There are obviously structures in place where the DPP can meet a victim and can outline to them their reasons for not taking the case,” Mr Harris said. “But there’s also always an opportunity for the DPP in any situation – and I speak broadly in relation to this – to review a decision, to consider any new information that may come to light, and I don’t want to say anything that may ever cut across the ongoing work of the DPP.” Ms McEntee stressed that there should “never be any political interference” in the independence of the DPP’s decisions. “I have, since becoming minister, given priority to and enabled a new office within the DPP to open specifically focused on sexual offences, so that this issue can be given the focus and the priority that it needs,” she said.
A Republican senator has blocked the promotion of U.S. Army Lt. Gen. Christopher Donahue, who commanded the military's 82nd Airborne Division during the U.S. withdrawal from Afghanistan and was the last American soldier to leave the country in 2021. An official, speaking on condition of anonymity, said the hold had been placed by Sen. Markwayne Mullin, who did not respond to a request for comment on why he blocked the promotion. The Pentagon on Monday said it was aware of the hold on Donahue, who had been nominated for a fourth star by President Joe Biden to lead the U.S. Army in Europe and Africa. "We are aware that there is a hold on Lieutenant General Donahue," Pentagon spokesperson Sabrina Singh told reporters. President-elect Donald Trump and his allies have decried the United States' military withdrawal from Afghanistan and vowed to go after those responsible for it. In August, Trump said he would ask for the resignation of every senior official "who touched the Afghanistan calamity." "You have to fire people when they do a bad job. We never fire anybody," Trump has said. Reuters has reported that Trump's transition team is drawing up a list of military officers to be fired, in what would be an unprecedented shakeup at the Pentagon. While the image of Donahue, carrying his rifle down by his side as he boarded the final C-17 transport flight out of Afghanistan on in August 2021, has become synonymous with the chaotic withdrawal, he is seen in the military as one of the most talented Army leaders. "The finest officer I ever served with, Chris Donahue is a generational leader who is now being held up for political purposes. At the tip of the spear defending this country for over three decades, he is now a political pawn," Tony Thomas, the former head of U.S. Special Operations Command, posted on X. Under Senate rules, one lawmaker can hold up nominations even if the other 99 all want them to move quickly.Namibian Regulators Order Elon Musk Owned Starlink To Cease Operations In The CountryAfter Trump’s win, Black women are rethinking their role as America’s reliable political organizers
Dublin Bay South General Election 2024 updates: James Geoghegan remains in pole position; Ivana Bacik in talks to build ‘left bloc’HP ( NYSE:HPQ – Free Report ) had its price objective trimmed by Citigroup from $37.00 to $36.50 in a research report report published on Wednesday morning, Benzinga reports. The firm currently has a neutral rating on the computer maker’s stock. Several other brokerages have also issued reports on HPQ. Loop Capital dropped their price target on HP from $37.00 to $35.00 and set a “hold” rating for the company in a research note on Thursday, September 5th. UBS Group raised their price objective on HP from $34.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, August 29th. Morgan Stanley cut their target price on HP from $37.00 to $36.00 and set an “equal weight” rating for the company in a research note on Thursday, August 29th. Bank of America cut shares of HP from a “buy” rating to a “neutral” rating and set a $37.00 price target on the stock. in a research report on Friday, September 27th. Finally, TD Cowen boosted their price objective on shares of HP from $32.00 to $39.00 and gave the stock a “hold” rating in a report on Wednesday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $36.77. Check Out Our Latest Stock Analysis on HPQ HP Trading Up 2.2 % HP ( NYSE:HPQ – Get Free Report ) last released its quarterly earnings results on Tuesday, November 26th. The computer maker reported $0.93 EPS for the quarter, hitting analysts’ consensus estimates of $0.93. The business had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $13.99 billion. HP had a net margin of 5.18% and a negative return on equity of 253.39%. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.90 EPS. As a group, analysts predict that HP will post 3.56 earnings per share for the current year. HP Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Wednesday, December 11th will be issued a dividend of $0.2894 per share. This is a positive change from HP’s previous quarterly dividend of $0.28. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date is Wednesday, December 11th. HP’s dividend payout ratio is currently 40.93%. HP declared that its Board of Directors has initiated a share repurchase plan on Wednesday, August 28th that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the computer maker to reacquire up to 28.9% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued. Insider Buying and Selling at HP In related news, CEO Enrique Lores sold 211,501 shares of HP stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $33.16, for a total value of $7,013,373.16. Following the sale, the chief executive officer now owns 3 shares in the company, valued at $99.48. The trade was a 100.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link . 0.41% of the stock is currently owned by corporate insiders. Institutional Investors Weigh In On HP Institutional investors and hedge funds have recently modified their holdings of the stock. LVW Advisors LLC increased its position in shares of HP by 1.2% during the third quarter. LVW Advisors LLC now owns 23,884 shares of the computer maker’s stock valued at $857,000 after buying an additional 278 shares during the period. Castleview Partners LLC boosted its position in HP by 8.1% during the 3rd quarter. Castleview Partners LLC now owns 3,856 shares of the computer maker’s stock valued at $138,000 after acquiring an additional 289 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of HP by 5.9% during the 3rd quarter. Versant Capital Management Inc now owns 5,321 shares of the computer maker’s stock worth $191,000 after acquiring an additional 297 shares during the period. King Luther Capital Management Corp raised its position in shares of HP by 3.2% in the 3rd quarter. King Luther Capital Management Corp now owns 9,635 shares of the computer maker’s stock worth $346,000 after acquiring an additional 303 shares in the last quarter. Finally, Arvest Investments Inc. lifted its stake in shares of HP by 0.9% in the 3rd quarter. Arvest Investments Inc. now owns 34,355 shares of the computer maker’s stock valued at $1,232,000 after purchasing an additional 310 shares during the period. 77.53% of the stock is owned by hedge funds and other institutional investors. HP Company Profile ( Get Free Report ) HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets. Recommended Stories Receive News & Ratings for HP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HP and related companies with MarketBeat.com's FREE daily email newsletter .