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HUNTSVILLE, Ala. (AP) — Trey Fort had 27 points in Samford's 97-90 win against Alabama A&M on Saturday night. Fort added five rebounds for the Bulldogs (10-3). Collin Holloway shot 4 of 5 from the field and 6 of 6 from the free-throw line to add 16 points. Julian Brown shot 4 for 5 (3 for 4 from 3-point range) and 3 of 3 from the free-throw line to finish with 14 points. The Bulldogs (4-8) were led by Anthony Bryant, who recorded 22 points. Alabama A&M also got 21 points and 10 assists from Bilal Abdur-Rahman. Quincy McGriff also had 13 points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Boeing is resuming production of its bestselling plane, the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. The company said Tuesday that plane-building resumed at its plant in Renton, Washington, after going through a process of training workers and identifying and fixing potential problems. Boeing shares rose 4.5%, their best single-day percentage gain in nearly four months. Production and deliveries of Max jets and another airline plane, the 787 Dreamliner, have been stopped several times in recent years to fix manufacturing flaws. “Our team has worked methodically to restart factory operations in the Pacific Northwest. We have now resumed 737 production in our Renton factory, with our Everett (Washington) programs on plan to follow in the days ahead,” the company said in a statement. Boeing builds its 777 and 767 jets in Everett, north of Seattle. Separately, the company said it took orders for 49 planes in November but lost an order by U.K. carrier TUI for 14 Max jets. It delivered 13 planes, down from 56 a year earlier. Ever since a panel called a door plug blew off a Max operated by Alaska Airlines in January, the Federal Aviation Administration has capped Boeing’s production of Max jets to 38 per month. Boeing hopes to convince regulators that it has corrected quality and safety issues and can raise that number to 56 planes per month. Boeing has been losing money since 2019, after two Max jets crashed, killing 346 people. It needs the cash it earns from delivering new planes to begin digging out of a deep financial hole. New CEO Kelly Ortberg has announced plans to lay off about 17,000 workers and sell new stock to raise cash and prevent the company’s credit rating from sliding into junk status.
The “Xin Shanghai,” a vessel operated by China COSCO Shipping Corporation Limited, arrived in Shanghai’s Yangshan Port at around 3:30 p.m. on Wednesday after a 23-day journey from Peru’s Chancay Port, becoming the first vessel to arrive in Shanghai from Chancay after the Peruvian port officially opened in November. The journey also marked the opening of two-way operational sea link between Shanghai and Chancay Port, a newly inaugurated flagship project of Belt and Road cooperation between China and Peru. The cargo on the voyage includes a variety of Peruvian products, such as blueberries, avocados and mineral products. According to Wu Jianzhong, a regional manager at Joy Wing Mau Fruit Technologies Corporation Limited (JWM), owner of the Peruvian blueberries on the vessel, half of the blueberries will be distributed in Shanghai, targeting wholesale markets and supermarkets in east China, while the rest will be shipped to northern China. Before the opening of Chancay Port, trade between Peru and China was primarily handled through Peru’s Port of Callao. With Chancay Port now operational, more container shipping services have been introduced along the South American west coast, reducing shipping time between Peru and China to around 23 days — much faster than the current market average. The launch of the new route is expected to enhance the entry of Peru’s fresh fruits and other products into the Chinese and Asia-Pacific markets. To ensure the quality of perishable goods during transport, China COSCO Shipping Corporation Limited has integrated cutting-edge technology and digital solutions. These innovations enable real-time monitoring of temperature and humidity, ensuring a secure and efficient cold-chain process. Looking ahead, the company plans to expand its shipping routes based on the development of Chancay Port and contribute to establishing a new land-sea transport corridor between Latin America and Asia. This new direct route between Chancay Port and Shanghai will contribute to a more efficient, interconnected trade network linking Peru’s coastal regions with inland areas, as well as other Latin American countries, said Chen Xiaochen, trade manager for Latin America at COSCO Shipping Lines Co., Ltd. The route is a significant landmark in China’s broader strategy of enhancing global maritime connectivity, demonstrating the country’s growing role in building a more integrated and efficient international trade network, Chen added. As the first smart and green port in South America, the Chancay Port, inaugurated in November, is located about 78 km north of Lima, the Peruvian capital. With a total length of 1,500 meters and four berths, the port, powered by China’s intelligent technologies, can handle ships with a capacity of 18,000 TEUs (twenty-foot equivalent units) and is projected to process 1 million TEUs annually, with the capacity to scale up to 1.5 million TEUs in the long run. Source: Xinhua
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NoneCaprock Group LLC raised its holdings in Monster Beverage Co. ( NASDAQ:MNST – Free Report ) by 5.5% in the third quarter, Holdings Channel.com reports. The fund owned 14,057 shares of the company’s stock after acquiring an additional 733 shares during the period. Caprock Group LLC’s holdings in Monster Beverage were worth $733,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Janus Henderson Group PLC lifted its holdings in shares of Monster Beverage by 4.1% in the first quarter. Janus Henderson Group PLC now owns 11,209,122 shares of the company’s stock valued at $664,469,000 after purchasing an additional 440,962 shares in the last quarter. Ninety One UK Ltd raised its holdings in shares of Monster Beverage by 93.9% during the 2nd quarter. Ninety One UK Ltd now owns 7,477,852 shares of the company’s stock valued at $373,519,000 after purchasing an additional 3,620,436 shares in the last quarter. Epoch Investment Partners Inc. lifted its stake in shares of Monster Beverage by 9.5% in the 2nd quarter. Epoch Investment Partners Inc. now owns 3,174,103 shares of the company’s stock valued at $158,546,000 after purchasing an additional 275,209 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Monster Beverage by 1,148.0% in the third quarter. Assenagon Asset Management S.A. now owns 2,596,888 shares of the company’s stock worth $135,480,000 after purchasing an additional 2,388,798 shares in the last quarter. Finally, DSM Capital Partners LLC increased its position in Monster Beverage by 13.7% during the second quarter. DSM Capital Partners LLC now owns 2,225,726 shares of the company’s stock worth $111,175,000 after buying an additional 268,198 shares during the last quarter. 72.36% of the stock is owned by institutional investors and hedge funds. Monster Beverage Stock Up 0.1 % NASDAQ MNST opened at $54.06 on Friday. The stock’s 50 day simple moving average is $52.74 and its 200 day simple moving average is $51.07. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.13 and a quick ratio of 2.51. The firm has a market cap of $52.57 billion, a PE ratio of 34.65, a price-to-earnings-growth ratio of 2.57 and a beta of 0.74. Monster Beverage Co. has a one year low of $43.32 and a one year high of $61.22. Analysts Set New Price Targets View Our Latest Analysis on Monster Beverage Monster Beverage Profile ( Free Report ) Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other. Read More Want to see what other hedge funds are holding MNST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monster Beverage Co. ( NASDAQ:MNST – Free Report ). Receive News & Ratings for Monster Beverage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monster Beverage and related companies with MarketBeat.com's FREE daily email newsletter .Democrat Bob Casey concedes to Republican David McCormick in Pennsylvania Senate contest