NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Joint Stock Company Kaspi.kz KSPI resulting from allegations that Kaspi.kz may have issued materially misleading business information to the investing public. So What: If you purchased Kaspi.kz securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=29172 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. What is this about: On September 19, 2024, Culper Research issued a report entitled "Kaspi.kz (KSPI): The NASDAQ-Listed Fintech Moving Money for Criminals and Kleptocrats." In this report, Culper announced it was "short Kaspi, the operator of the largest payment network and second largest bank in Kazakhstan. We believe Kaspi has systematically misled U.S. investors and regulators in its repeated claims – especially ahead of the Company's January 2024 [NASDAQ] listing – that the Company has zero exposure to Russia." Further, Culper announced its "research exposes this grave deception: we believe that not only do Kaspi's relationships with Russian partners permeate every segment of its business, but that in the wake of Russia's February 2022 invasion of Ukraine and into 2024, Russia has contributed materially to Kaspi's reported growth. Our research further unmasks Kaspi's history of shadowy dealmaking, which raises not only related party and self-dealing concerns, but also exposes the Company's vast, longstanding ties to bad actors including sanctioned oligarchs and Russian mobsters. We believe that Kaspi's premium valuation and US listing are at risk, and shares are headed lower." On this news, Kaspi.kz American Depositary Shares' ("ADS") fell 16.1% on September 19, 2024, and a further 2.7% on September 20, 2024. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.FBI Director Christopher Wray says he intends to resign at the end of Biden's termORCHARD PARK, N.Y. — In losing Sunday’s battle with the Buffalo Bills, perhaps the best team in football, Jerod Mayo won the war. Best I can tell, he’s staying put. For 2025, and maybe beyond. To his angry fan base and incredulous pockets of the New England Patriots’ media corps, remember Mayo’s future doesn’t hinge on winning this season. It’s not about what you want, or what I think. It’s about the Krafts, who hand-picked Mayo to succeed Bill Belichick four and a half years before he actually did, believing in him, and finding reasons to maintain that belief. In the eyes of someone who wants to believe, Sunday supplied enough reason. The Patriots led at halftime, then lost by three as 14-point underdogs. They became the first team since mid-October to hold the Bills under 30 points. Drake Maye outplayed the next MVP of the league for most of the game and took another step toward his destiny as a franchise quarterback, If that sounds like a low bar, that’s because it is. Such is life in Year 1 of a rebuild, a multi-year process ownership has committed to seeing through to the end with their organizational pillars now in place: Mayo, Maye and de facto GM Eliot Wolf. As frustrating as this 3-12 campaign has been, there are always nuggets of optimism amid the rubble of a losing season; particularly if you want to find them. The Krafts do, and so does Maye, who loves his head coach, by the way; calling questions about Mayo’s job security “BS.” “We’ve got his back,” Maye said post-game. Maye’s voice matters. Certainly more than any number of fans or media members. Ever since media-fueled speculation that Mayo could get canned at the end of his first season began rising, the caveat has always been the same: if, a Gillette Stadium-sized “if,” the Patriots bomb atomically down the stretch, ownership could pull the plug on Mayo. NFL Network insider Ian Rapoport became the latest to join that chorus Sunday with this pregame report: “The Krafts want to keep Jerod Mayo,” he said. “They believe he is the leader for the organization for the future, and they knew it would be a multi-year process to get this thing right. Now if things go off the rails, if they really start to struggle and he loses the locker room the last couple games of the season, we’ve seen this thing turn. “But as of now, the Patriots believe Jerod Mayo is their leader for the future.” Well, Mayo hasn’t lost the locker room. That’s a fact. To a man, both in public and from those I’ve spoken to in private, Patriots players believe in their head coach. Mayo might be a players’ coach, yes, in the best and worst senses. But the Patriots were a few plays away Sunday from pulling off their largest upset since Super Bowl XXXVI. “I think we’re building something good,” Maye said. The Patriots also played their best half of football this season against their toughest opponent yet. Another fact. Now, to the frustrated, I am with you. To the shocked, I understand. But to the trigger-happy, lay down your arms. Mayo, by all accounts, is returning in 2025. Alex Van Pelt, however, is another story. In the same vein that the Krafts could have viewed Sunday’s performance as a reason to save Mayo — despite his pathetic punt at midfield, down 10 with just eight and a half minutes left — they could have convinced themselves their offensive coordinator is the real problem. After all, team president Jonathan Kraft was visibly exasperated over Van Pelt’s play-calling during the Pats’ loss at Arizona a week earlier. Four days later, Van Pelt told reporters he had yet to hear from his boss. Well, that time may be coming. Trailing by three in the fourth quarter Sunday, Van Pelt called a pass that resulted in an unnecessary lateral and game-winning touchdown for Buffalo. His offense later operated like it was taking a Sunday drive with the game on the line, using up 3:16 of the final 4:19 en route to its final touchdown. Van Pelt, finally, weaponized Maye’s legs in critical situations, something that arguably should have been done weeks ago. Not to mention, Van Pelt’s top running back can’t stop fumbling, and the offensive line remains a hot mess. Call him Alex Van Fall Guy. Because Van Pelt’s offense, for the first time in a while, under-performed relative to Mayo’s defense. On merit, he deserves to stay; a case that’s harder to make for defensive coordinator DeMarcus Covington. But it’s not about merit this season. It’s not about what you want. It’s not about what I think. It’s about the Krafts; what they see, what they want, what they believe. Even in defeat. ____
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NoneOppenheimer & Co. Inc. acquired a new position in shares of Renaissance IPO ETF ( NYSEARCA:IPO – Free Report ) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,816 shares of the company’s stock, valued at approximately $207,000. Oppenheimer & Co. Inc. owned approximately 0.11% of Renaissance IPO ETF at the end of the most recent reporting period. Several other hedge funds also recently added to or reduced their stakes in IPO. Cetera Investment Advisers acquired a new position in Renaissance IPO ETF during the 1st quarter worth $2,397,000. Cetera Advisors LLC boosted its holdings in shares of Renaissance IPO ETF by 203.8% in the 1st quarter. Cetera Advisors LLC now owns 54,995 shares of the company’s stock valued at $2,283,000 after buying an additional 36,890 shares during the period. Burke & Herbert Bank & Trust Co. acquired a new position in shares of Renaissance IPO ETF in the 2nd quarter valued at about $229,000. International Assets Investment Management LLC boosted its holdings in shares of Renaissance IPO ETF by 4,188.0% in the 3rd quarter. International Assets Investment Management LLC now owns 3,945 shares of the company’s stock valued at $169,000 after buying an additional 3,853 shares during the period. Finally, Main Management ETF Advisors LLC boosted its holdings in shares of Renaissance IPO ETF by 0.8% in the 2nd quarter. Main Management ETF Advisors LLC now owns 365,660 shares of the company’s stock valued at $14,740,000 after buying an additional 2,820 shares during the period. Renaissance IPO ETF Stock Performance NYSEARCA IPO opened at $46.12 on Friday. Renaissance IPO ETF has a one year low of $32.95 and a one year high of $47.43. The company has a 50-day simple moving average of $44.08 and a 200-day simple moving average of $41.47. The firm has a market capitalization of $207.54 million, a PE ratio of 44.34 and a beta of 1.70. Renaissance IPO ETF Profile The Renaissance IPO ETF (IPO) is an exchange-traded fund that is based on the FTSE Renaissance IPO index. The fund tracks a market cap-weighted index of recent US-listed IPOs. The fund acquires issues within 90 days or sooner after IPO and sells after 3 years. IPO was launched on Oct 14, 2013 and is managed by Renaissance. Further Reading Five stocks we like better than Renaissance IPO ETF 2 Rising CRM Platform Stocks That Can Surge Higher in 2025 Vertiv’s Cool Tech Makes Its Stock Red-Hot Market Cap Calculator: How to Calculate Market Cap MarketBeat Week in Review – 11/18 – 11/22 What Investors Must Know About Over-the-Counter (OTC) Stocks 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Renaissance IPO ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renaissance IPO ETF and related companies with MarketBeat.com's FREE daily email newsletter .
NoneGaya: Union micro, small and medium enterprises (MSME) minister and Hindustani Awam Morcha-Secular (HAM-S) founder Jitan Ram Manjhi, who chaired the national executive meeting of the party in New Delhi on Monday, said the party would contest Bihar assembly elections under the leadership of CM Nitish Kumar . He added that a decision on contesting Delhi assembly polls would be taken after a meeting with the Delhi unit of the BJP . The national executive meeting passed nine resolutions in view of upcoming Bihar and Delhi assembly elections. Party’s national spokesperson Nandlal Manjhi said, “As per the resolutions passed at the meeting, a delegation will meet PM Narendra Modi and hand over a memorandum demanding installation of statue of Baba Saheb Bhim Rao Ambedkar at Dikshabhumi (Nagpur)”. “A delegation will also meet CM Nitish Kumar and submit a memorandum for fixation of minimum Rs 2,000 for any kind of pension and increment like dearness allowance to govt employees,” he said. He added, “Other resolutions include proposal for starting Mata Shabri Samman Yojana in Bihar for the girls of all classes, conventional and vocational education for girls, Rs 2,000 per month unemployment allowance upto to the age of 35 years, provision for treatment upto Rs 10 to 15 lakh to middle class people under health insurance policy on the lines of Ayushman card scheme.” “Resolution was also passed to name the main roads of Delhi after freedom fighters, including Baba Saheb Bhim Rao Ambedkar, Netaji Subhash Chandra Bose, Amar Shaheed Bhagat Singh, Rajguru, Sukhdev, Chandrashekhar Azad, Khudiram Bose, Ashfaqulla Khan, Sarojini Naidu, Savitri Bai Phule and others,” he said. National president Santosh Suman, who is also minister in Bihar govt, said people from all the states are continuously joining the party. We also published the following articles recently HAM-S to contest assembly polls in Bihar under Nitishs leadership: Manjhi Union MSME minister and HAM-S founder Jitan Ram Manjhi announced the party's decision to contest Bihar assembly elections under CM Nitish Kumar's leadership. The national executive meeting in New Delhi passed resolutions including demands for a statue of Ambedkar, a minimum pension, and a health insurance policy. A decision on Delhi polls will follow talks with the BJP. Wont allow BJP to insult Baba Saheb or Constitution: Cong Congress and the BJP in Ranchi are clashing over remarks made by Union Home Minister Amit Shah about Baba Saheb Ambedkar. Congress demands Shah's resignation and accuses BJP of disrespecting the Constitution, while BJP claims Congress has consistently disrespected Ambedkar. Both parties are rallying public support on this contentious issue. Will contest on all assembly seats, says RLJP president Pashupati Kumar Paras Former Union minister Pashupati Kumar Paras signaled his party's intent to contest all 243 assembly seats in Bihar, highlighting tensions with the ruling NDA. Paras, whose party RLJP is part of NDA, expressed dissatisfaction with the BJP over seat allocation and other issues. The alliance decision will be made during the party's working committee meeting. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword . Spread love this holiday season with these Christmas wishes , messages , and quotes.
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Oppenheimer & Co. Inc. bought a new position in SAP SE ( NYSE:SAP – Free Report ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 917 shares of the software maker’s stock, valued at approximately $210,000. Several other institutional investors have also recently made changes to their positions in the company. Raymond James & Associates raised its position in shares of SAP by 3.7% in the 2nd quarter. Raymond James & Associates now owns 631,961 shares of the software maker’s stock worth $127,473,000 after acquiring an additional 22,438 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of SAP by 0.8% in the 3rd quarter. Principal Financial Group Inc. now owns 611,572 shares of the software maker’s stock worth $140,111,000 after acquiring an additional 4,775 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of SAP by 8.6% in the 2nd quarter. NewEdge Advisors LLC now owns 197,976 shares of the software maker’s stock worth $39,934,000 after acquiring an additional 15,604 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of SAP in the 3rd quarter worth approximately $40,573,000. Finally, Sei Investments Co. raised its position in shares of SAP by 4.2% in the 2nd quarter. Sei Investments Co. now owns 168,264 shares of the software maker’s stock worth $33,941,000 after acquiring an additional 6,785 shares in the last quarter. Analyst Ratings Changes Several brokerages have recently issued reports on SAP. BMO Capital Markets increased their target price on SAP from $248.00 to $265.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. Argus raised SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, July 31st. Barclays raised their price objective on SAP from $252.00 to $275.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd. JMP Securities raised their price objective on SAP from $245.00 to $300.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 22nd. Finally, TD Cowen raised their price objective on SAP from $234.00 to $240.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $252.33. SAP Stock Up 0.1 % SAP stock opened at $236.25 on Friday. The firm has a market cap of $290.23 billion, a price-to-earnings ratio of 94.50, a PEG ratio of 4.53 and a beta of 1.25. The stock has a fifty day simple moving average of $230.65 and a two-hundred day simple moving average of $212.23. SAP SE has a 12 month low of $148.38 and a 12 month high of $243.01. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.17. SAP ( NYSE:SAP – Get Free Report ) last posted its earnings results on Monday, October 21st. The software maker reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.08). The business had revenue of $8.47 billion during the quarter, compared to the consensus estimate of $9.25 billion. SAP had a return on equity of 11.44% and a net margin of 8.15%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.20 EPS. Equities analysts predict that SAP SE will post 4.89 EPS for the current fiscal year. SAP Profile ( Free Report ) SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management. Further Reading Want to see what other hedge funds are holding SAP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SAP SE ( NYSE:SAP – Free Report ). Receive News & Ratings for SAP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP and related companies with MarketBeat.com's FREE daily email newsletter .