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December 22, 2013: After months of false starts, Apple finally secures a deal with China Mobile to bring the iPhone to the world’s largest telecom company. With 760 million potential iPhone customers in the offing, the deal shapes up as Apple’s most important yet for growing its brand in China. In fact, Apple CEO says the country soon will become the company’s biggest market. The move had been long in the making. Apple had been negotiating with China Mobile since the . Talks reportedly collapsed over Apple’s terms, which required revenue sharing. Demand from Chinese customers certainly existed, though. As early as 2008, a year after , reported that 800,000 to 1 million iPhones had . It was later claimed that 400,000 of those iPhone were being used, unlocked via hacks, on China Mobile. Provided these figures were accurate, they represented around 10% of iPhones sold at that point. The number even surpassed all iPhones used in Europe at the time. Still, negotiations between Apple and China Mobile dragged on. They finally started moving in 2013, when Cook met with China Mobile chairman Xi Guohua to discuss “ ” between the two companies. “China is an extremely important market for Apple and our partnership with China Mobile presents us the opportunity to ,” Cook said in a statement when news of the deal broke. “iPhone customers in China are an enthusiastic and rapidly growing group, and we can’t think of a better way to welcome in the Chinese New Year than getting an iPhone into the hands of every China Mobile customer who wants one.” Apple: Big in China, thanks to China Mobile deal The deal that brought the iPhone to China Mobile coincided with a renewed push into China on Apple’s behalf. Cook revealed that Apple designed new devices . This was arguably most obvious with Apple’s decision to start making larger iPhones. The company turned its back on Apple co-founder ‘ dislike of big phones (which Jobs complained “ “). Apple released the 5.5-inch — which fell into the phablet category popular among Asian smartphone buyers — in 2014. In addition, Apple committed to an astonishingly rapid expansion of its retail stores in China. The company set an ambitious (and successful) goal of in the country by 2016. (It opened its 56th store in China, , in November 2023.) Not everything has been smooth sailing for Apple in China, of course. No doubt, 760 million possible iPhone buyers after the China Mobile deal sounds like a giant number. But only a fraction of those people find themselves in the position to be able to afford an iPhone. Battle for the low-end Chinese smartphone market The iPhone 5c, and now the , were nods to the lower end of the market. However, Apple never truly embraced the idea of creating a phone to combat cheap Android devices. As a result, Apple continues to duke it out with a variety of Android makers in China, none of which currently command even 25% of the smartphone market, . Apple also continues to run into various problems with the Chinese government. , national security concerns raised in the state-controlled Chinese media resulted in Apple switching to China Telecom’s servers instead of its own to power iCloud for Chinese customers. Apple also was that it run network safety evaluations on all Apple products before they can be imported into the country. Apple gear additionally got in 2015, in favor of Chinese-made products. And in 2023. Additionally, the COVID-19 pandemic created severe supply chain problems that exposed the fragile nature of Apple’s reliance on Chinese manufacturers. And over working conditions in a Foxconn factory complex in Zhengzhou nicknamed “iPhone City.” For these reasons and more, Cupertino continues to accelerate plans to . China and Apple: A ‘symbiotic’ relationship Not all the news has been bad, though. The China Mobile deal got more iPhones into people’s hands as planned. And Cook reportedly struck a secret deal with the country’s leaders in 2016 to and “technological prowess.” In early 2023, Cook touted the “ ” that Apple enjoys with China. The country now makes up worldwide. More than a decade after the deal that brought the iPhone to China Mobile, it seems China will continue to provide a major opportunity (and occasional headache) for Apple.
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On Saturday, Palestinian militant group Hamas released a video featuring Edan Alexander, an Israeli-American hostage, pleading for U.S. President-elect Donald Trump to facilitate his release. The video, lasting over three minutes, shows Alexander visibly distressed and addressing his family, Israeli leaders, and Trump. Edan's mother, Yael, spoke at a rally in Tel Aviv, describing the mixture of hope and despair brought by the video. She called for swift action from Israeli officials to negotiate with Hamas and secure the hostages' release, emphasizing the emotional toll on their families. Israeli Prime Minister Benjamin Netanyahu labeled the video as cruel psychological warfare. Efforts are underway to negotiate a ceasefire and secure the hostages' release, with Hamas leaders heading to Cairo for talks. Meanwhile, families and international leaders are urged to intensify efforts for a resolution. (With inputs from agencies.)
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Analysts Predict 39,000% ROI for Qubetics – Join the Presale Today, the Best Crypto to Buy Now, While Tron and Cronos InnovateTORONTO , Dec. 27, 2024 /CNW/ - Fidelity Investments Canada ULC ("Fidelity") today announced the final December 2024 cash distributions for Fidelity ETFs ("Fidelity ETFs") and ETF Series units of Fidelity mutual funds ("Fidelity Funds"). On December 18, 2024 , Fidelity announced estimated 2024 cash distributions for the Fidelity ETFs and Fidelity Funds. Subsequent to this announcement, investor activity has led to changes to the cash distribution per unit for the Fidelity ETFs and Fidelity Funds, including material changes for Fidelity Equity Premium Yield ETF (FEPY/FEPY.U), Fidelity Canadian Low Volatility ETF (FCCL), Fidelity International Low Volatility ETF (FCIL), Fidelity All-in-One Balanced ETF (FBAL), Fidelity All-in-One Growth ETF (FGRO) and Fidelity All-in-One Conservative ETF (FCNS). Please be advised that the distributions announced in this press release replace those stated in the December 18, 2024 press release for the Fidelity ETFs and Fidelity Funds. Unitholders of record as of December 27, 2024 will receive a per unit cash distribution, payable on December 31, 2024 , as detailed in the table below: Fidelity ETF Name Ticker Symbol Final Cash Distribution per Unit ($) CUSIP ISIN Payment Frequency Exchange Fidelity Canadian High Dividend ETF FCCD 0.13818 31608M102 CA31608M1023 Monthly Toronto Stock Exchange Fidelity U.S. High Dividend ETF FCUD/ FCUD.U 0.11387 31645M107 CA31645M1077 Monthly Toronto Stock Exchange Fidelity U.S. High Dividend Currency Neutral ETF FCUH 0.10228 315740100 CA3157401009 Monthly Toronto Stock Exchange Fidelity U.S. Dividend for Rising Rates ETF FCRR/ FCRR.U 0.08940 31644M108 CA31644M1086 Monthly Toronto Stock Exchange Fidelity International High Dividend ETF FCID 0.09711 31623D103 CA31623D1033 Monthly Toronto Stock Exchange Fidelity Systematic Canadian Bond Index ETF FCCB 0.06691 31644F103 CA31644F1036 Monthly Cboe Canada Fidelity Canadian Short Term Corporate Bond ETF FCSB 0.07967 31608N100 CA31608N1006 Monthly Cboe Canada Fidelity Global Core Plus Bond ETF FCGB/ FCGB.U 0.11459 31623G106 CA31623G1063 Monthly Cboe Canada Fidelity Canadian Monthly High Income ETF FCMI 0.05938 31609T106 CA31609T1066 Monthly Toronto Stock Exchange Fidelity Global Monthly High Income ETF FCGI 0.05399 31623K107 CA31623K1075 Monthly Toronto Stock Exchange Fidelity Global Investment Grade Bond ETF FCIG/ FCIG.U 0.10608 31624P105 CA31624P1053 Monthly Cboe Canada Fidelity Equity Premium Yield ETF FEPY/ FEPY.U 0.17717 31613F100 CA31613F1009 Monthly Cboe Canada Fidelity Canadian Low Volatility ETF FCCL 0.23393 31608H103 CA31608H1038 Quarterly Cboe Canada Fidelity U.S. Low Volatility ETF FCUL/ FCUL.U 0.10291 31647B109 CA31647B1094 Quarterly Cboe Canada Fidelity Canadian High Quality ETF FCCQ 0.13951 31610C100 CA31610C1005 Quarterly Toronto Stock Exchange Fidelity U.S. High Quality ETF FCUQ/ FCUQ.U 0.13759 31647C107 CA31647C1077 Quarterly Toronto Stock Exchange Fidelity U.S. High Quality Currency Neutral ETF FCQH 0.13199 31648J101 CA31648J1012 Quarterly Toronto Stock Exchange Fidelity Canadian Value ETF FCCV 0.09110 31609U103 CA31609U1030 Quarterly Toronto Stock Exchange Fidelity U.S. Value ETF FCUV/ FCUV.U 0.05363 31647E103 CA31647E1034 Quarterly Toronto Stock Exchange Fidelity U.S. Value Currency Neutral ETF FCVH 0.05100 31646E104 CA31646E1043 Quarterly Toronto Stock Exchange Fidelity International Low Volatility ETF FCIL 0.16572 31624M102 CA31624M1023 Semi-Annually Cboe Canada Fidelity International High Quality ETF FCIQ/ FCIQ.U 0.28508 31623X109 CA31623X1096 Semi-Annually Toronto Stock Exchange Fidelity International Value ETF FCIV 0.34006 31622Y108 CA31622Y1088 Semi-Annually Toronto Stock Exchange Fidelity Sustainable World ETF FCSW 0.34434 31642F105 CA31642F1053 Annually Cboe Canada Fidelity Canadian Momentum ETF FCCM 0.11897 31609W109 CA31609W1095 Annually Cboe Canada Fidelity U.S. Momentum ETF FCMO/ FCMO.U 0.04151 31649P106 CA31649P1062 Annually Cboe Canada Fidelity International Momentum ETF FCIM 0.16159 31623V103 CA31623V1031 Annually Cboe Canada Fidelity All-in-One Balanced ETF FBAL 0.18364 315818104 CA3158181048 Annually Cboe Canada Fidelity All-in-One Growth ETF FGRO 0.16157 31581P106 CA31581P1062 Annually Cboe Canada Fidelity Advantage Bitcoin ETF® FBTC/ FBTC.U - 31580V104 CA31580V1040 Annually Toronto Stock Exchange Fidelity All-in-One Conservative ETF FCNS 0.19303 31581E101 CA31581E1016 Annually Cboe Canada Fidelity All-in-One Equity ETF FEQT 0.12876 31581D103 CA31581D1033 Annually Cboe Canada Fidelity Advantage Ether ETFTM FETH/ FETH.U - 31580Y702 CA31580Y7028 Annually Toronto Stock Exchange Fidelity Global Innovators® ETF FINN/ FINN.U - 316241108 CA3162411084 Annually Cboe Canada Fidelity All-Canadian Equity ETF FCCA 0.16824 315813105 CA3158131050 Annually Cboe Canada Fidelity All-International Equity ETF FCIN 0.16621 31581R102 CA31581R1029 Annually Cboe Canada Fidelity All-American Equity ETF FCAM 0.06684 315812107 CA3158121077 Annually Cboe Canada Fidelity Fund Name Ticker Symbol Final Cash Distribution per Unit ($) CUSIP ISIN Payment Frequency Exchange Fidelity Tactical High Income Fund (ETF Series) FTHI 0.02690 31642L664 CA31642L6641 Monthly Toronto Stock Exchange Fidelity Canadian Large Cap Fund (ETF Series) FCLC 0.20297 31606J788 CA31606J7886 Annually Cboe Canada Fidelity Global Small Cap Opportunities Fund (ETF Series) FCGS/ FCGS.U 0.01994 31624Q822 CA31624Q8222 Annually Cboe Canada Fidelity Greater Canada Fund (ETF Series) FCGC 0.00564 31620X730 CA31620X7302 Annually Cboe Canada Fidelity Canadian Long/Short Alternative Fund (ETF Series) FCLS - 31610F822 CA31610F8221 Annually Cboe Canada Fidelity Long/Short Alternative Fund (ETF Series) FLSA/ FLSA.U - 31624U823 CA31624U8234 Annually Cboe Canada Fidelity Global Value Long/Short Fund (ETF Series) FGLS - 31623A828 CA31623A8288 Annually Cboe Canada Fidelity Market Neutral Alternative Fund (ETF Series) FMNA - 31623B701 CA31623B7016 Annually Cboe Canada Fidelity Global Equity+ Fund (ETF Series) FGEP/ FGEP.U - 316215102 CA3162151029 Annually Toronto Stock Exchange Fidelity Emerging Markets Fund (ETF Series) FCEM 0.18637 31613T795 CA31613T7950 Annually Toronto Stock Exchange Fidelity Global Equity+ Balanced Fund (ETF Series) FGEB 0.08437 316220102 CA3162201022 Annually Toronto Stock Exchange About Fidelity Investments Canada ULC At Fidelity Investments Canada, our mission is to build a better future for our clients. Our diversified business serves financial advisors, wealth management firms, employers, institutions and individuals. As the marketplace evolves, we are constantly innovating and offering our clients choice of investment and wealth management products, services and technological solutions all backed by the global strength and scale of Fidelity. With assets under management of $285 billion (as at December 13, 2024 ), Fidelity Investments Canada is privately held and committed to helping our diverse clients meet their goals over the long term. Fidelity funds are available through financial advisors and online trading platforms. Read a fund's prospectus and consult your financial advisor before investing. Exchange-traded funds are not guaranteed, their values change frequently, and past performance may not be repeated. Commissions, management fees, brokerage fees and expenses may all be associated with investments in exchange-traded funds and investors may experience a gain or loss. Find us on social media @FidelityCanada https://www.fidelity.ca Listen to FidelityConnects on Apple or Spotify SOURCE Fidelity Investments Canada ULC View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2024/27/c0885.html © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Amazon ( AMZN 0.73% ) is one of the best-performing stocks of all time, up more than 200,000% since its IPO in 1997. A $1,000 investment back then would have turned into more than $2 million today. For early investors who held the stock, Amazon has delivered life-changing returns. It's done so by pioneering and establishing itself as a leader in two massive industries, e-commerce and cloud computing, and it has used that to support the growth of high-margin businesses like advertising, its third-party marketplace, and its cloud infrastructure service, Amazon Web Services. However, past performance doesn't guarantee future returns on the stock market. Does Amazon still have the potential to set you up for life? Let's investigate. Amazon's current prospects For nearly all of its history, Amazon grew its revenue by 20% or more every quarter like clockwork. However, those days seem to have finally come to an end as the company has matured. Amazon is now the second-biggest company in the world by revenue behind only Walmart , and it's on track to generate $638 billion this year. In the third quarter, Amazon's revenue rose 11% to $158.9 million, with more than half of its revenue coming from its North America segment, which is primarily made up of e-commerce. Amazon settled into a pattern of revenue growth of around 10% since the end of the pandemic, and the company has shifted from a focus on revenue growth to instead expanding margins. For example, it's added advertising to Amazon Prime and added new fees on its third-party sellers, tightening its grip over a market it already dominates. It also scaled back its global expansion and is now turning a profit in international markets. What works so well about Amazon's business model is that it's used low-margin businesses like its first-party e-commerce and its Prime membership program to grow its customer base and establish trust with consumers. From there, the company has been able to drive margin growth through its third-party marketplace, AWS, and advertising, all businesses that wouldn't exist without the success of the first-party e-commerce business. Amazon seems likely to generate more bottom-line growth, but the company is also focused on new businesses, in particular AI. It has invested $8 billion in Anthropic, an AI start-up known for Claude, its AI chatbot that competes with OpenAI's ChatGPT. The company has made other investments like its acquisition of autonomous vehicle technology company Zoox. The company's position in AI seems uncertain. It's developing its chips for training and inference, called Trainium and Inferentia, and it hosts a managed service for AI workloads called Amazon Bedrock. However, Amazon's AI strategy is not as compelling as many of its "Magnificent Seven" peers', some of whom seem to have been preparing for AI before the launch of ChatGPT. Can Amazon deliver monster returns? Amazon is a different company than it was earlier in its history, and its market cap now tops $2 trillion. At that valuation, the stock is starting to run into the law of large numbers problem. If Amazon stock were to double from here, it would have to grow its market cap from $2.3 billion to $4.6 billion, which is not an easy feat. By comparison, it's much easier for a stock to double from, say, $50 billion to $100 billion. Between its sky-high market cap and its slowing growth rate, Amazon seems unlikely to deliver life-changing returns at this point. That doesn't mean that Amazon isn't worth owning. The stock still looks like a good bet to outperform the market, given its myriad competitive advantages. But if you're looking for a stock with the potential to be a 10-bagger, you're better off looking somewhere else. A smaller company with a faster growth rate will have a better chance of generating life-changing returns.Something unusual happened when a journalist in New York called a toll-free 1-800 number last week. The reason for the call wasn't to reach a particular product helpline, but because she wanted to find out about something entirely new. Sitting at her desk, perhaps somewhat anxious, she typed out the number on her phone - 1-800-242-8478. After an initial disclaimer, the phone rang. A woman promptly answered the phone. The conversation began with a cheerful 'Hi!', and what happened next, left her fascinated. The woman who answered the phone seemed to be able to talk about absolutely anything - from giving the recipe for chocolate-chip cookies to an insightful account of the American Civil War. 1-800-242-8478 was indeed 1-800-ChatGPT. Ten days ago, OpenAI, the creators of ChatGPT, introduced a voice service in the United States, especially for those who do not have the App or aren't tech-savvy. The tech firm believes this could help them get the answers they need over a regular phone call - speaking with someone who sounds like a pleasant and helpful 'human being', except, she's an AI chatbot. There are a few limitation though - while the number in itself is toll-free, the service is free only for 15 minutes per number, per month, and is currently available only in the US. For the rest of the world, OpenAI said it has launched a text service directly on WhatsApp. The number is the same - 1-800-ChatGPT. OpenAI's chief product officer Kevin Weil said that these new features were a project that the team worked up only in the last few weeks. The company believes that these two new features are very important to expand the reach of AI and introduce it to even those without access to high-speed internet. Interestingly though, OpenAI isn't the first company to introduce a voice feature over a phone call. Google had done something similar 17 years ago. Google's GOOG-411 or 'voice local search' feature was launched back in 2007. It provided a speech-recognition-based business directory search. However, it was mysteriously shut down in 2010 and Google never declared why. Though solutions being just a call away makes life simpler, many have raised valid concerns. 'Will my calls be recorded?', 'Will my voice and speech be used as a sample to train AI?', 'Can my voice be replicated in case of a data leak?', 'Can such technology manipulate human emotions?', 'Can people get emotionally attached to AI?', 'Will it lead to people seeking companionship with an AI?', 'Will people get too dependent on a human-sounding chatbot?', 'What impact will it have on those who are lonely?' - Several such though-provoking questions were asked by users online. According to a report, when it questioned whether users agree for OpenAI to record or store their voice while using the feature, OpenAI told them to refer to a copy of their 'privacy policy' and 'Terms of Use' manual. "Before users begin speaking to ChatGPT over the phone, they must agree to OpenAI's Terms of Use and privacy policy by clicking on a button to 'proceed' with the call" they were informed. A disclaimer is also read out to all users informing them that OpenAI may "review the data for safety purposes". On Friday, OpenAI officially declared plans to lay out an entirely new corporate structure - one that will likely end its control by a non-profit. OpenAI was founded as a non-profit organisation in 2015. It later switched to a "capped" for-profit enterprise, which allowed the tech firm a limited level of money making. Now it says that the ceiling limit will be removed. In a blog post, OpenAI said it plans to restructure as a 'for-profit PBC' or Public Benefit Corporation. This would "requires the company to balance shareholder interests, stakeholder interests, and a public benefit interest in its decision making." "It will enable us to raise the necessary capital with conventional terms like others in this space," OpenAI added. However, OpenAI's restructuring efforts will likely face obstacles, with Elon Musk reportedly asking a US court to stop OpenAI from converting into a for-profit enterprise. To remove this article -
Nene Boussekine helps her brother Jodie Hopkins, 2, down the stage of the Oroville Convention Center after receiving a gift from Santa, played by Daniel Mata, at the Annual Oroville Community Christmas Dinner in Oroville, California on Saturday, Dec. 21, 2024. (Molly Myers/Enterprise-Record) Teddi Hunter eats with her daughter Amy Chadwick, 16, at the Oroville Convention Center at the Annual Oroville Community Christmas Dinner in Oroville, California on Saturday, Dec. 21, 2024. (Molly Myers/Enterprise-Record) Attendees wait in the rain at the Oroville Convention Center for the Annual Oroville Community Christmas Dinner in Oroville, California on Saturday, Dec. 21, 2024. (Molly Myers/Enterprise-Record) Nene Boussekine helps her brother Jodie Hopkins, 2, down the stage of the Oroville Convention Center after receiving a gift from Santa, played by Daniel Mata, at the Annual Oroville Community Christmas Dinner in Oroville, California on Saturday, Dec. 21, 2024. (Molly Myers/Enterprise-Record) Dozens of volunteers came together on Saturday at the Oroville Convention Center to serve the Annual Oroville Community Christmas Dinner.OpenAI whistleblower found dead in San Francisco apartment
JPMorgan Chase & Co. increased its stake in shares of Canadian Pacific Kansas City Limited ( NYSE:CP – Free Report ) (TSE:CP) by 4.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 8,768,362 shares of the transportation company’s stock after purchasing an additional 381,594 shares during the period. JPMorgan Chase & Co.’s holdings in Canadian Pacific Kansas City were worth $750,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Grove Bank & Trust lifted its stake in shares of Canadian Pacific Kansas City by 56.0% in the 3rd quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock worth $31,000 after acquiring an additional 130 shares during the period. Addison Advisors LLC raised its holdings in Canadian Pacific Kansas City by 246.9% during the third quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock worth $34,000 after purchasing an additional 279 shares in the last quarter. FSA Wealth Management LLC acquired a new stake in Canadian Pacific Kansas City in the third quarter valued at about $34,000. Chris Bulman Inc purchased a new stake in Canadian Pacific Kansas City in the 2nd quarter valued at approximately $35,000. Finally, Asset Dedication LLC acquired a new position in Canadian Pacific Kansas City during the 3rd quarter worth approximately $38,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth Several analysts have recently commented on CP shares. Benchmark reissued a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday, October 24th. Bank of America reduced their target price on Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Citigroup lowered their price target on shares of Canadian Pacific Kansas City from $98.00 to $91.00 and set a “buy” rating on the stock in a research note on Tuesday, November 12th. Barclays raised their price objective on shares of Canadian Pacific Kansas City from $95.00 to $97.00 and gave the company an “overweight” rating in a research note on Wednesday, September 25th. Finally, Susquehanna upgraded shares of Canadian Pacific Kansas City from a “neutral” rating to a “positive” rating and lowered their target price for the stock from $94.00 to $92.00 in a research report on Thursday, October 24th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $93.25. Canadian Pacific Kansas City Price Performance CP stock opened at $72.56 on Friday. The stock’s 50 day moving average price is $75.83 and its 200 day moving average price is $79.55. The firm has a market cap of $67.73 billion, a P/E ratio of 25.91, a PEG ratio of 2.26 and a beta of 0.96. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. Canadian Pacific Kansas City Limited has a 1 year low of $70.89 and a 1 year high of $91.58. Canadian Pacific Kansas City ( NYSE:CP – Get Free Report ) (TSE:CP) last issued its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.01 by ($0.02). The company had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.59 billion. Canadian Pacific Kansas City had a net margin of 24.50% and a return on equity of 8.78%. The firm’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.69 earnings per share. On average, sell-side analysts expect that Canadian Pacific Kansas City Limited will post 3.05 earnings per share for the current fiscal year. Canadian Pacific Kansas City Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, December 27th will be paid a dividend of $0.14 per share. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. This represents a $0.56 annualized dividend and a dividend yield of 0.77%. The ex-dividend date is Friday, December 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.00%. Canadian Pacific Kansas City Company Profile ( Free Report ) Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers. See Also Want to see what other hedge funds are holding CP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Canadian Pacific Kansas City Limited ( NYSE:CP – Free Report ) (TSE:CP). Receive News & Ratings for Canadian Pacific Kansas City Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Pacific Kansas City and related companies with MarketBeat.com's FREE daily email newsletter .Michael Gray Jr., Byron Ireland rally Nicholls to 76-75 victory over Louisiana
JPMorgan Chase & Co. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF ( NASDAQ:JEPQ – Free Report ) by 6.3% during the third quarter, Holdings Channel.com reports. The firm owned 17,450,160 shares of the company’s stock after purchasing an additional 1,028,135 shares during the period. JPMorgan Chase & Co. owned 0.05% of JPMorgan Nasdaq Equity Premium Income ETF worth $958,537,000 as of its most recent SEC filing. A number of other large investors also recently modified their holdings of the company. Glen Eagle Advisors LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 7.6% during the 3rd quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock worth $147,000 after purchasing an additional 188 shares in the last quarter. Lifestyle Asset Management Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the third quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock valued at $3,195,000 after buying an additional 217 shares during the last quarter. Main Street Financial Solutions LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the second quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock worth $452,000 after buying an additional 224 shares in the last quarter. Greenwich Wealth Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the 3rd quarter. Greenwich Wealth Management LLC now owns 23,449 shares of the company’s stock valued at $1,288,000 after buying an additional 232 shares during the last quarter. Finally, Townsquare Capital LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.1% during the 3rd quarter. Townsquare Capital LLC now owns 4,037 shares of the company’s stock valued at $222,000 after acquiring an additional 232 shares in the last quarter. JPMorgan Nasdaq Equity Premium Income ETF Price Performance Shares of JEPQ stock opened at $57.74 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $58.21. The company has a market cap of $18.63 billion, a P/E ratio of 32.10 and a beta of -0.84. The firm has a 50-day moving average of $56.59 and a 200-day moving average of $54.93. JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend JPMorgan Nasdaq Equity Premium Income ETF Company Profile ( Free Report ) The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach. Read More Want to see what other hedge funds are holding JEPQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Nasdaq Equity Premium Income ETF ( NASDAQ:JEPQ – Free Report ). Receive News & Ratings for JPMorgan Nasdaq Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Nasdaq Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter .
Sexual assault referral centres for varsitiesChristmas arrives in three days. Merry Christmas! Recently I wondered how much I knew about Christmastime. Turns out, not so much. The greeting, “Merry Christmas,” comes from Charles Dickens’ "Christmas Carol," the story of old Scrooge who represented traditional England to the author who was a major revivalist of Christmas in the 1840s. Early Christians certainly remembered the birth of Christ, but not the date. How did it end up on Dec. 25? There are many theories. Here are three: Early Christians refused to celebrate the Roman pagan holiday of Saturnalia, the winter solstice that occurred from Dec. 17-22. Their refusal to celebrate a big holiday might have led to persecution so they decided to celebrate the birth of Jesus instead. Later, in AD 274, the Roman emperor Aurelian decreed a new holiday to replace Saturnalia: Solis Invicti, the birthday of the unconquerable sun. That occurred on Dec. 25. Christians conformed. Finally, at some early point, the Annunciation, the angel’s announcement to Mary that she was pregnant, was set on March 25. Dec. 25 comes nine months later, obviously. So is Christmas a pagan holiday? No. But it had pagan roots. Today we’re in the final days of Advent. That’s a month before Christmas. In olden days it was a vigil, a time of fasting and Bible reading ending on Christmas Eve. I grew up with Advent calendars. Every day we opened a window on the cardboard calendar and read part of the Biblical Christmas story. Christmas Day was a day of celebration, a day that signified God’s gift to humankind. So gift-giving became a central part of the celebration. Wealth slowly grew after the Middle Ages and the commercial side of Christmas came into competition with the religious side. That was a concern way back in 1850 when Harriet Beecher Stowe wrote a popular story that complained about it. Today, Christmas is the major retail event of the year. For many retailers, the year’s profits come in December. After Christmas Day came the Twelve Days of Christmas, now largely forgotten except for the carol describing gifts given by “my true love.” Each day honored a saint. Epiphany, signifying the arrival of the Magi who gave gifts to the Christ child, was celebrated on the Twelfth Night (also known as “Christmastide”). This was the original day of gift-giving, but with industrialization and urbanization 12 days of feasts and celebrations was too much to ask of the new leaders of society, so that tradition died out. But traces survive. Many manger scenes and crèches add the Three Wise Men on Epiphany. Cakes were part of the celebrations so today, Germans still cook stollen, Italians cook panettone, and Mexicans cook the Rosca de Reyes. Often, a bean or pea is hidden in the cake and the person who receives it becomes celebrated in some way. Before the arrival of sugar, cakes were sweetened using fruits. That’s the source of the legendary Christmas fruit cake. Here’s an obscure fact about Epiphany: In England, religious skeptics had their own celebration and the one who got the bean became the Lord of Misrule. He or she presided over a night of revelry that I can’t describe in this family-friendly history. The Christmas season officially ended after Epiphany. Christmas trees and decorations were taken down on the next day. The Christmas tree tradition came from Germany. They noted that the tree had a triangle form suggesting the Trinity. They decorated an evergreen tree with apples at first. So that established the three colors of Christmas: green, red and white (for snow). St. Nicholas was a Christian bishop of Myra, a town in southwest Turkey today. He was wealthy, but had a good heart. The tradition is that there was a family so poor that the three daughters had no dowries and were doomed to become prostitutes. Not to embarrass them, Nicholas dropped three bags of gold coins down their chimney to save them from their fates. On the last drop, some socks were hanging over the coals to dry and the bag landed in a sock. That is the source of Christmas stockings. Many stockings today still contain some chocolate gold coins. Have a happy “holiday” (a term meant to include Hanukkah). Jack Batson is a former member of the Fairfield City Council. Reach him by email at jsbatson@prodigy.net .