Former Ohio State head coach Urban Meyer couldn't hide his disbelief over the wild ending of the Ohio State Buckeyes-Michigan Wolverines rivalry game on Saturday. After the unranked Wolverines pulled off a stunning 13-10 upset of the No. 3 Buckeyes, chaos ensued as players got into a huge fight. The brawl started when Michigan players attempted to plant their flag at midfield, which Ohio State players tried to stop, leading to the altercation. Police had to get involved to put a stop to the massive fight, with several players and bystanders finding themselves soaked in pepper spray. During the intense brawl, Meyer couldn't help but express his disappointment with how things turned out. The ex-college football coach, who is now serving as an analyst for FOX Sports, said that it was a "shame" things had to turn to violence. "I've been involved in the game for 50 years and I can't remember seeing something like that... there's no room for that." "I've been involved in the game for 50 years and I can't remember seeing something like that," Meyer said while the broadcast showed the brawl. "That's a shame. I saw James Franklin pull his players off one time when they were getting ready to fight and I did that one time -- There's no room for that." "I've been involved in The Game for 50 years and I can't remember seeing something like that... there's no room for that." @CoachUrbanMeyer reacts to the postgame altercation between Michigan and Ohio State ⬇️ pic.twitter.com/8XqqRmBbNZ Sure enough, Urban Meyer's message didn't go unnoticed, with many agreeing with his take and several others giving their two cents on the matter. "The postgame altercation between Michigan and Ohio State players was unacceptable. It's a reflection of the Ohio State culture, how it's built, and how they control their players' behavior. Change needs to be made at the top," a commenter said. Another one shared, "It was ugly." "I agree with this. Bush league stuff. The HC needs to address this internally and with the press," a third follower added. Others, however, were critical of Ohio State and pointed out that they could have handled things better. "No room for what? Celebrations on the field? Raising a flag after victory? Guess you've never watched the Olympics... Or OSU v Michigan 2022....." a critic shared. A social media user shared, "I don’t get why everyone gets so mad when teams fight. It’s football, it’s passion. Everyone love to see the teams fight, especially when it’s started because someone got their feelings hurt because they lost." Another commenter defended Michigan, noting, "The media is pushing the narrative that the Michigan player was going to plant the flag but all he did was walk with a flag he never made a move to plant it. Even if he was going to you know what would have stopped that, win the game OSU." © Adam Cairns/Columbus Dispatch / USA TODAY NETWORK via Imagn Images For what it's worth, Ohio State head coach Ryan Day appeared to defend his players' actions in his postgame presser, saying that they wouldn't simply let a rival team disrespect them by planting a flag on their field. It remains to be seen what kind of punishment awaits both teams for the brawl, but as Urban Meyer suggested, such actions shouldn't be tolerated. Related: Laura Rutledge’s Husband Reacts to Her Post On College Football SaturdayCharles Schwab Investment Management Inc. boosted its stake in shares of First Financial Bankshares, Inc. ( NASDAQ:FFIN – Free Report ) by 3.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,701,180 shares of the bank’s stock after buying an additional 62,538 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in First Financial Bankshares were worth $62,961,000 as of its most recent filing with the SEC. Several other hedge funds have also bought and sold shares of FFIN. Strategic Financial Concepts LLC raised its stake in shares of First Financial Bankshares by 3,632.9% in the second quarter. Strategic Financial Concepts LLC now owns 2,992,894 shares of the bank’s stock worth $884,000 after buying an additional 2,912,718 shares during the period. Dimensional Fund Advisors LP increased its holdings in First Financial Bankshares by 5.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,556,205 shares of the bank’s stock worth $75,482,000 after acquiring an additional 130,361 shares in the last quarter. Bank of New York Mellon Corp raised its stake in First Financial Bankshares by 1.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,375,856 shares of the bank’s stock worth $40,629,000 after acquiring an additional 15,473 shares during the period. Natixis Advisors LLC lifted its holdings in First Financial Bankshares by 37.5% during the third quarter. Natixis Advisors LLC now owns 613,381 shares of the bank’s stock valued at $22,701,000 after purchasing an additional 167,433 shares in the last quarter. Finally, Mutual of America Capital Management LLC lifted its holdings in First Financial Bankshares by 43.2% during the third quarter. Mutual of America Capital Management LLC now owns 393,902 shares of the bank’s stock valued at $14,578,000 after purchasing an additional 118,830 shares in the last quarter. Institutional investors own 69.78% of the company’s stock. Insiders Place Their Bets In related news, Director Michael B. Denny sold 7,000 shares of the firm’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $41.12, for a total value of $287,840.00. Following the completion of the transaction, the director now directly owns 101,085 shares of the company’s stock, valued at approximately $4,156,615.20. This trade represents a 6.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Corporate insiders own 4.22% of the company’s stock. Analyst Ratings Changes Check Out Our Latest Stock Analysis on FFIN First Financial Bankshares Stock Performance FFIN stock opened at $41.68 on Friday. The company has a market capitalization of $5.96 billion, a PE ratio of 28.74 and a beta of 0.78. The company’s fifty day moving average price is $38.62 and its 200-day moving average price is $34.92. First Financial Bankshares, Inc. has a one year low of $25.99 and a one year high of $44.66. First Financial Bankshares ( NASDAQ:FFIN – Get Free Report ) last released its quarterly earnings data on Thursday, October 17th. The bank reported $0.39 EPS for the quarter, meeting the consensus estimate of $0.39. First Financial Bankshares had a net margin of 28.76% and a return on equity of 13.43%. The business had revenue of $142.10 million during the quarter, compared to the consensus estimate of $140.25 million. On average, research analysts predict that First Financial Bankshares, Inc. will post 1.52 EPS for the current fiscal year. First Financial Bankshares Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend is Friday, December 13th. First Financial Bankshares’s payout ratio is 49.66%. First Financial Bankshares Profile ( Free Report ) First Financial Bankshares, Inc, through its subsidiaries, provides commercial banking products and services in Texas. The company offers checking, savings and time deposits; automated teller machines, drive-in, and night deposit services; safe deposit facilities, remote deposit capture, internet banking, mobile banking, payroll cards, funds transfer, and performing other customary commercial banking services; securities brokerage services; and trust and wealth management services, including wealth management, estates administration, oil and gas management, testamentary trusts, revocable and irrevocable trusts, and agency accounts. Further Reading Want to see what other hedge funds are holding FFIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Financial Bankshares, Inc. ( NASDAQ:FFIN – Free Report ). 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THE WOODLANDS, Texas , Dec. 16, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI ) today announced the commercial launch of TETRA Oasis TDS, an end-to-end water treatment and desalination technology for beneficial re-use and mineral extraction applications for oil and gas well produced water. TETRA also recently completed a commercial pilot project for the desalination of Delaware Basin produced water for a major North America oil and gas operator. The desalinated water was tested against published Texas Railroad Commission ("TRRC") standards for beneficial re-use water at both TETRA's laboratory and an independent third-party laboratory. Subsequently, the treated water was sent to a third party for Whole Effluent Toxicity ("WET") testing where it successfully passed all test parameters. WET testing is a method used to measure the combined toxic effects of all pollutants on aquatic organisms and involves exposing aquatic organisms to treated wastewater samples and observing how the organisms respond. The tests can be acute or chronic and measure different aspects of the organisms' health. WET testing is a vital component to implementing water quality standards under the National Pollutant Discharge Elimination System ("NPDES") permits program. Brady Murphy , TETRA's President and Chief Executive Officer said, "For several years we have been working to leverage our deep brine chemistry expertise, our US onshore water treatment resources, and our customer network and relationships to address the sizeable industry challenge surrounding treatment of oil and gas produced water for beneficial re-use purposes. By combining our existing expertise in produced water recycling for frac re-use to pre-treat the feed water for two unique membrane technologies, we have developed a high-quality, cost-effective solution. Our first field pilot program successfully treated produced water where we achieved 92% recovery rate of desalinated water with total dissolved solids levels ranging from 40 parts per million ("ppm") to 200 ppm, which are better than the average municipal drinking water standards. In our latest pilot test of more challenging Delaware Basin produced water, we are very pleased to announce that our TETRA Oasis TDS resulted in high-quality desalinated water that not only met or exceeded all customer KPIs but passed all third-party WET testing. Given the importance of WET testing standards for the regulatory agencies, we believe this is an important step for future beneficial re-use project permitting. This is a rapidly evolving market, and the need for cost effective technology to address produced water volumes continues to grow. TETRA see significant opportunity in the space and continue to engage high quality customers to address their water challenges and disposal restrictions due to seismicity events with seven NDA's in place and ongoing negotiations with others to discuss the proprietary details of our TETRA Oasis TDS." Despite U.S. land oil and gas well frac and completion activity declining throughout 2024, produced water volumes continue to increase. Rystad Energy estimates Permian Basin produced water volumes of 8.3 billion barrels in 2024, up 5% from 2023. In Rystad Energy's fourth quarter 2024 Water Management report, they estimate that a 20% reduction in Permian Basin disposal well capacity due to regulatory restrictions would result in up to 4 million barrels of produced water per day as the available market for beneficial re-use. A recent Houston Chronicle article referenced a study that the handling and treating of produced water is a $4 billion annual market opportunity in the Permian Basin, making this one of the fastest growing market opportunities in the oil and gas industry. TETRA Oasis TDS TETRA Oasis TDS is a proprietary end-to-end offering that involves a variety of processing stages starting with operator's oil and gas well produced water as feed brine for a pre-treatment step. TETRA has developed extensive experience and expertise over the past six years in the treatment and recycling of produced water for frac re-use, as demonstrated by having treated in the fourth quarter, 2024 a record peak volume of over 800,000 bbl/day. This experience has advanced TETRA's chemistry know-how in addressing a wide variability of produced water constituents, including dealing with organic compounds that would otherwise be destructive to membranes used in other industries to desalinate water. The critical pre-treatment first step is followed by the desalination stage through two technologies licensed exclusively to TETRA for oil and gas produced water applications, KMX Technologies Inc., ("KMX") Vacuum Membrane Distillation ("VMD") or Hyrec Holdings Company W.L.L. ("Hyrec") Osmotically Assisted Reverse Osmosis ("OARO"), or a combination of both. The selection of which technology or combination thereof depends, in part, on the total dissolved solids of the feed water, the end use application, and optimizing both the capital and operating costs of the process. The final stage is a post-treatment process designed to meet customer water specifications and may involve extraction of minerals, which TETRA's chemical business has been doing for many years, and potentially significantly improving the economic benefits. TETRA Oasis TDS was successfully proven in the field to deliver a water quality that achieves or exceeds regulatory requirements in a cost-effective manner for multiple beneficial re-use applications, including potential surface irrigation and industrial uses. TETRA recently completed an equity investment in KMX Technologies Inc. Details on TETRA Oasis TDS can be found on the following website link: https://onetetra.com/energy-services/water-management/produced-water-desalination/ Investor Contact For further information, please contact Elijio Serrano , CFO, TETRA Technologies, Inc. at (281) 367-1983 or via email at [email protected] . Company Overview TETRA Technologies, Inc. is an energy services and solutions company focused on developing environmentally conscious services and solutions that help make people's lives better. With operations on six continents, the Company's portfolio consists of Energy Services, Industrial Chemicals, and Critical Minerals. In addition to providing products and services to the oil and gas industry and calcium chloride for diverse applications, TETRA is expanding into the low-carbon energy market with chemistry expertise, key mineral acreage, and global infrastructure, helping to meet the demand for sustainable energy in the twenty-first century. Visit the Company's website at www.onetetra.com for more information. Cautionary Statement Regarding Forward Looking Statements This news release includes certain statements that are deemed to be forward-looking statements. Generally, the use of words such as "may," "see," "expectation," "expect," "intend," "estimate," "projects," "anticipate," "believe," "assume," "could," "should," "plans," "targets" or similar expressions that convey the uncertainty of future events, activities, expectations or outcomes identify forward-looking statements that TETRA intends to be included within the safe harbor protections provided by the federal securities laws. These forward-looking statements include statements regarding TETRA's beliefs, expectations, plans, goals, future events and performance, and other statements that are not purely historical. These forward-looking statements are based on certain assumptions and analyses made by TETRA in light of its experience and its perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. Such statements are subject to a number of risks and uncertainties, many of which are beyond the control of TETRA. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to develop efficient water treatment processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; future relationships between parties; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with changes in federal, state, or local laws; risks associated with potential costs of regulatory compliance; risks associated with changes to U.S. trade policies; and risks related to adverse changes in general economic conditions. Moreover, TETRA operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, TETRA assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in TETRA's most recent filings with the Securities and Exchange Commission, including TETRA's most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. SOURCE TETRA Technologies, Inc.In a brave and decisive move, officers stormed the fast-food restaurant and apprehended the suspect without further incident. The capture was captured on surveillance cameras, showing the suspect being tackled to the ground and taken into custody, bringing a sense of relief to a city on edge.
Lindsay Lohan reveals how she regained her 'sparkle'
Sam Hicks, defense lead Abilene Christian over Northern Arizona 24-0 to extend 1st trip to playoffs( MENAFN - PR Newswire) BEIJING, Dec. 16, 2024 /PRNewswire/ -- The UK officially joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on December 15, marking a significant development in the economic and trade landscape after "Brexit" and representing the first expansion of the CPTPP. The news has drawn widespread attention. Some attention has focused on China's potential accession to the CPTPP, with suggestions that as the rules of the CPTPP become more refined, China's application to join faces greater challenges. At the end of last month, after the 8th CPTPP Commission meeting announced the establishment of an accession working group for Costa Rica, there were also mixed opinions regarding China's bid. The CPTPP evolved from the Trans-Pacific Partnership (TPP), which was heavily promoted and dominated by the US. However, the US withdrew from the TPP in 2017 due to domestic political and economic reasons. Japan then stepped in to work with 10 other member states, renaming the agreement the CPTPP and making adjustments while retaining the original high-standard trade provisions. These changes, to some extent, enhanced the agreement's flexibility and inclusivity. China formally applied to join the CPTPP in 2021 and has actively pursued the application process with an open and pragmatic attitude. It has conducted multiple rounds of in-depth and comprehensive studies and assessments of the 2,300-plus provisions of the CPTPP and engaged in multi-channel exchanges at various levels with its members. Additionally, China has proactively implemented pilot measures aligned with the agreement in select free trade zones and free trade ports. Its application has received positive responses. CPTPP members including Singapore, Malaysia, Vietnam, Brunei, Chile, and New Zealand have expressed support for China's bid. These voices of support indicate that, against the backdrop of deep integration in the global economy, China is firmly committed to advancing institutional opening-up and proactively aligning with high-standard international economic and trade rules. This development trend aligns with and increasingly adapts to the rules of the CPTPP. Everyone has seen that China's expansion of high-level opening-up to the outside world serves as a strong driving force for promoting regional trade prosperity and development. The frequent mention of China's potential membership whenever there are developments in the CPTPP reflects the significant implications of China's accession. It is worth emphasizing that while the phenomenon of global trade protectionism and the formation of exclusive "small circles" cannot be ignored, the overarching trend of globalization and regional integration remains changed. China's active pursuit of joining multilateral frameworks such as the CPTPP and the Digital Economy Partnership Agreement is driven not only by its own development and interests but also by a deeper sense of responsibility. On one hand, as the world's second-largest economy, China has substantially engaged in almost all multilateral trade processes globally. On the other hand, China's commitment to cooperation, opening-up, and win-win principles - demonstrated during its active push to join the multilateral trade agreements - reflects its firm determination to promote globalization and free trade. It also conveys China's pragmatic and resolute approach to embracing the world, providing opportunities for global growth. In fact, the core competitiveness of the CPTPP lies not only in its claim of being the "highest standard in today's world," but also in the role it plays in promoting trade liberalization, facilitation, and regional cooperation and economic integration in the Asia-Pacific region. As a responsible and major driver of global economic growth, China's accession to the CPTPP would undoubtedly expand the agreement's influence, making it more inclusive and representative. For other CPTPP member states, this would mean broader market opportunities and greater room for cooperation. An article from the Peterson Institute for International Economics previously stated that if China were to join, the gains would quadruple. Other data also indicate that China's participation in the pact would result in a tripling of the consumer base and a 1.5-fold expansion of the combined GDP of the partnership. Additionally, China's membership would diversify trade relations among members and accelerate the transfer of technological innovation, among other benefits. China is confident, patient, and untroubled about joining the CPTPP. We expect that the existing member countries of the CPTPP will approach China's application with positivity, openness, and impartiality. Whether in promoting the establishment of the largest free trade area in the Asia-Pacific region (RCEP) or in the ongoing high-quality development of the Belt and Road Initiative globally, China's image as a partner committed to cooperation, mutual achievement, and a shared future has already taken root in people's hearts. The process of applying to join the CPTPP will once again demonstrate China's determination for open cooperation with the world and its commitment to contributing more to the regional economy, conveying confidence in economic globalization. SOURCE Global Times MENAFN16122024003732001241ID1109000030 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.As the Shanxi Team continues to strive for success in the competitive basketball league, Head Coach Zhang Wei has been actively working to improve the team's performance, particularly in the areas of defense and rebounding. One player who has been singled out for special attention is Liu Chuanxing, a talented young forward known for his offensive skills. Coach Zhang believes that by encouraging Liu to play more aggressively and focusing on strengthening the team's defense and rebounding abilities, they can elevate their overall performance and become a formidable force on the court.