NoneNatixis Advisors LLC lessened its holdings in shares of FirstEnergy Corp. ( NYSE:FE – Free Report ) by 3.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 131,941 shares of the utilities provider’s stock after selling 5,262 shares during the quarter. Natixis Advisors LLC’s holdings in FirstEnergy were worth $5,852,000 as of its most recent SEC filing. Several other hedge funds have also added to or reduced their stakes in FE. Empowered Funds LLC raised its position in shares of FirstEnergy by 10.3% during the third quarter. Empowered Funds LLC now owns 9,421 shares of the utilities provider’s stock worth $418,000 after purchasing an additional 881 shares during the period. Empirical Finance LLC increased its stake in FirstEnergy by 1.9% during the 3rd quarter. Empirical Finance LLC now owns 18,234 shares of the utilities provider’s stock worth $809,000 after purchasing an additional 343 shares in the last quarter. CIBC Asset Management Inc raised its holdings in FirstEnergy by 7.5% during the 3rd quarter. CIBC Asset Management Inc now owns 76,488 shares of the utilities provider’s stock worth $3,392,000 after buying an additional 5,306 shares during the period. Metis Global Partners LLC lifted its stake in FirstEnergy by 1.7% in the third quarter. Metis Global Partners LLC now owns 16,916 shares of the utilities provider’s stock valued at $750,000 after buying an additional 288 shares in the last quarter. Finally, KBC Group NV boosted its holdings in shares of FirstEnergy by 33.3% in the third quarter. KBC Group NV now owns 40,331 shares of the utilities provider’s stock valued at $1,789,000 after buying an additional 10,073 shares during the period. Institutional investors and hedge funds own 89.41% of the company’s stock. FirstEnergy Stock Performance NYSE FE opened at $41.80 on Friday. The stock has a market cap of $24.09 billion, a PE ratio of 26.97, a P/E/G ratio of 2.24 and a beta of 0.51. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.46 and a current ratio of 0.56. The firm has a 50-day moving average of $42.87 and a 200-day moving average of $41.42. FirstEnergy Corp. has a 52-week low of $35.41 and a 52-week high of $44.97. FirstEnergy Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Sunday, December 1st. Shareholders of record on Thursday, November 7th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 4.07%. The ex-dividend date is Thursday, November 7th. FirstEnergy’s payout ratio is 109.68%. Wall Street Analyst Weigh In Several research firms recently commented on FE. Wells Fargo & Company boosted their price objective on shares of FirstEnergy from $42.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday, August 1st. Morgan Stanley decreased their price objective on FirstEnergy from $52.00 to $50.00 and set an “overweight” rating for the company in a report on Friday. Jefferies Financial Group began coverage on FirstEnergy in a research report on Monday, October 14th. They issued a “hold” rating and a $46.00 target price on the stock. Bank of America upped their price target on FirstEnergy from $42.00 to $43.00 and gave the stock an “underperform” rating in a research report on Thursday, August 29th. Finally, KeyCorp lifted their price objective on shares of FirstEnergy from $47.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, FirstEnergy has a consensus rating of “Hold” and an average price target of $45.91. Read Our Latest Stock Analysis on FE FirstEnergy Company Profile ( Free Report ) FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. Featured Articles Receive News & Ratings for FirstEnergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstEnergy and related companies with MarketBeat.com's FREE daily email newsletter .
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Michelle Obama slammed for gloomy New Year's message as Trump prepares to take office By KELLY GARINO FOR DAILYMAIL.COM Published: 21:48, 27 December 2024 | Updated: 21:48, 27 December 2024 e-mail View comments Michelle Obama was heavily criticized for a New Year's message shared with her followers just weeks ahead of Donald Trump 's return to the Oval Office. The former first lady took to Instagram on Friday afternoon with a minute-and-a-half-long video message wishing her followers a happy holiday season as 2024 officially comes to a close. But the internet wasn't so keen about her words of encouragement for the American people. The video, which has amassed hundreds of comments within just the first three hours of being posted, showed the former first lady against a white background as she began to address the lens. 'Happy holidays!' she gleefully began. She then took a few moments to speak of the year just ahead - and how the nation may be feeling about the near future. 'I know it's been a difficult few months for so many of us - and folks are feeling a little bit anxious and uncertain,' she said. 'But even during these tough times, there are plenty of reasons to stay hopeful.' Former First Lady Michelle Obama was heavily criticized for a New Year's message she shared to Instagram early Friday afternoon after she wished her followers a happy holiday season and spoke of the uncertain year ahead of the country The video message, which has amassed hundreds of comments within the first three hours of being posted, was filled with comments of people who believe it was a dig at Trump's landslide presidential victory and official return to the Oval Office in just a few weeks The former first lady then spoke of the hope she personally sees through the people she works with through the Obama Foundation. 'I wanted to share some reflections on the work the Obama Foundation is doing to lift up the young change-makers around the world,' she captioned the video. 'Take a look.' The rest of the clips showcased all different kinds of people - including her husband, Former President Barack Obama - and some of the work they have done throughout the last 12 months. This included the construction of the Obama Presidential Center being built in the south side of Chicago. But many thought her 'gloomy' message to the internet was taking aim at Trump's landslide victory over Kamala Harris in the presidential election just last month. And hundreds of viewers flooded the comments with their own opinions on what's in store for 2025. 'Twenty-four more days and we are out of this nightmare you and your husband created for the American people!' one commenter wrote. Another agreed, adding: 'What a joke. Trump can hopefully fix the mess your husband has gotten this country into. The subway in your video, how ironic.' 'It has not been difficult for most of us! Most of us voted for Trump!' wrote another. 'We are good!' Another comment read: 'The only sad person is you and your butt buddy Obama.' 'I am so happy Donald Trump won and life will go back to normal,' one person wrote. 'The homeless needed and New York City people are on the street and all you did was put the money in your pockets.' 'Thank God that Donald Trump won, they’ll be no kids unfed fed,' the same person added. 'Boys will be boys girls would be girls.' 'You’re showing a building that you put up but what about the people that are starving and their dying on the street what about our safety? What about our lives? What about everything? Why don’t you worry about that for a change?' they continued. 'We are so happy that Donald Trump is in the office because we’ll all be equal.' Read More Michelle Obama slams Trump for portraying Harris as a 'bimbo' in fiery plea for voters to dump him Others were quick to agree with the long-written statement - noting how she should be happy Trump will be returning to the White House in January. Some comments also questioned how she could be nervous about the next four years without taking a step back to look at how the last four played out. The Obama couple got increasingly involved in the 2024 race and hit the campaign trail for Kamala Harris in the final weeks leading up to November 5. At a Harris campaign three days before the election, the former first lady gave a speech in Pennsylvania where she hyped the vice president and urged people to get out and vote while slamming Donald Trump - all without once uttering his name. She argued that in America 'we rise more than we fall' but warned of those who are trying to tell another story about the country. She noted how during dark and difficult times, the country needs someone who will 'connect with people's pain and address the systemic issues at their root, not leaders who stoke our fears and focus our fury on one another.' 'Once you open up that gasoline can, once you wink at hate and make it normal to call somebody a bimbo, or low IQ or human scum, look, you cannot control how fast or far that fire of hate will spread,' she warned, referring to some of the names Trump and allies have called Harris. The former first lady got increasingly involved in the 2024 race and hit the campaign trail for Harris in the final weeks leading up to November 5 A few days after the election last month, the Obama's put out a joint statement on X following Trump's presidential victory - congratulating him while also acknowledging that 'this is obviously not the outcome we hoped for' 'All of a sudden someone feels emboldened to say that our fellow citizens in Puerto Rico come from an "island of garbage,"' she continued, noting the ex-president's rally in New York City where a comedian made a racist joke about the territory. She also referred to Trump as a conman, a small man trying to make himself feel big, and Kamala's opponent, but she did not mention him by name. But just days after the election, the Obamas finally broke their silence on Trump's victory , congratulating the president-elect while also acknowledging that 'this is obviously not the outcome we hoped for.' The joint statement from Barack and Michelle Obama noted that 'America is not immune' to having an electorate that reacts accordingly to the conditions of the country, which ultimately led to sweeping victories for Republicans across the country and in national and state-wide races. 'America has been through a lot over the last few years,' the former first couple wrote. 'In a country as big and diverse as ours, we won't always see eye-to-eye on everything,' the statement admits. 'But progress requires us to extend good faith and grace – even to people with whom we deeply disagree.' The statement was shared to X shortly after Harris told her tearful fans in D.C. to keep fighting as she conceded. Instagram Michelle Obama Chinese New Year Share or comment on this article: Michelle Obama slammed for gloomy New Year's message as Trump prepares to take office e-mail Add commentA voting machine firm suing Fox News now wants to probe Murdoch family trust fightAppalachian State hires South Carolina offensive coordinator Dowell Loggains as head coach
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Greg Gumbel, a longtime CBS sportscaster, has died from cancer, according to a statement from family released by CBS on Friday. He was 78. Related video above: Remembering those we've lost in 2024 “He leaves behind a legacy of love, inspiration and dedication to over 50 extraordinary years in the sports broadcast industry; and his iconic voice will never be forgotten,” his wife Marcy Gumbel and daughter Michelle Gumbel said in a statement. In March, Gumbel missed his first NCAA Tournament since 1997 due to what he said at the time were family health issues. Gumbel was the studio host for CBS since returning to the network from NBC in 1998. Gumbel signed an extension with CBS last year that allowed him to continue hosting college basketball while stepping back from NFL announcing duties. In 2001, he announced Super Bowl XXXV for CBS, becoming the first Black announcer in the U.S. to call play-by-play of a major sports championship. David Berson, president and CEO of CBS Sports, described Greg Gumbel as breaking barriers and setting standards for others during his years as a voice for fans in sports, including in the NFL and March Madness. “A tremendous broadcaster and gifted storyteller, Greg led one of the most remarkable and groundbreaking sports broadcasting careers of all time," said Berson. Gumbel had two stints at CBS, leaving the network for NBC when it lost football in 1994 and returning when it regained the contract in 1998. He hosted CBS’ coverage of the 1992 and 1994 Winter Olympics and called Major League Baseball games during its four-year run broadcasting the national pastime. But it was football and basketball where he was best known and made his biggest impact. Gumbel hosted CBS’ NFL studio show, “The NFL Today” from 1990 to 1993 and again in 2004. He also called NFL games as the network’s lead play-by-play announcer from 1998 to 2003, including Super Bowl XXXV and XXXVIII. He returned to the NFL booth in 2005, leaving that role after the 2022 season.
U of I awarded $10M grant to study crops that can be used for jet fuel