Vertiv Holdings Co's Anand Sanghi sells $4.37 million in stock
Optex Systems Holdings, Inc. Announces Financial Highlights for the Year Ended September 29, 2024
A small-town Waikato primary school has gone viral, racking up more than 20,000 views on social media, helping them win more than $50,000 worth of school supplies. Mangakino School has been named the winner of Noel Leeming’s first-ever ‘Class of the Future’ competition and will receive brand-new technology. The prize package includes 24 touchscreen Chromebooks, an interactive screen, classroom furniture, and a professional development package for teachers. Principal Cherie Hill told the Taupō and Tūrangi Herald the prize package was well-deserved. Mangakino School once had a roll of 1800 students, when the town was “booming” during construction of hydro-electric stations on the Waikato River, and by 1954 it was the biggest school in the Southern Hemisphere.
It’s not hard to understand the value tight end Josh Oliver brings to the Vikings. Just listen to the way people talk about him. “He’s an animal,” tight end T.J. Hockenson said. “Once he gets his hands on somebody, it’s kind of like, ‘Good luck.'” It was similar sentiment from offensive coordinator Wes Phillips. “He’s the best blocking tight end in the league, and that’s no disrespect to anybody else,” Phillips said. “We will take Josh over anybody in this league in the role that he’s in. It’s not only that he’s physically imposing as a 270-pound man. It’s the attitude that he plays with out there.” What are the Vikings losing now that Oliver has been ruled out with an ankle injury? His absence will be felt most when the Vikings try to run the ball against the Chicago Bears on Sunday afternoon at Soldier Field. Though he has proved he can contribute in the passing game, Oliver has been a force in the running game since signing with the Vikings. There have been multiple times this season that Oliver had singlehandedly carved out space for running back Aaron Jones to go to work. That’s partially why Hockenson has played only about 50% of the offensive snaps since returning from a torn anterior cruciate ligament a few weeks ago. Even if the Vikings are often telegraphing a run when Oliver is on the field, they don’t care because they feel that strongly about his ability as a blocker. “You see it every single week,” Phillips said. “He’s moving large men and putting them on the ground.” It’s safe to assume Oliver would suit up for the Vikings if he were able to do so. He’s been playing through a wrist injury for the past few weeks, for example, and has still been extremely effective at the point of attack. How tough is it to replace Oliver in a vacuum? “It’s a big challenge because of all the things he does on a snap in and snap out basis,” head coach Kevin O’Connell said. “We will see some guys make some impacts on some different downs and distances than we have maybe seen up to this point.” Briefly The only other players on the injury report for the Vikings are tight end Nick Muse (hand) and edge rusher Gabe Murphy (knee). Both players were officially listed as questionable and being full participants in the walkthrough on Friday afternoon at TCO Performance Center. Related Articles
Historic Second Conference on Human Enhancement brought together world leaders in sports and science. Leading scientists ratified Declaration on Human Enhancement, an ethical charter for the future of sport and science. Landmark collaboration sees scientists, Olympians, and anti-doping experts unite to shape the future of human performance and ethics. OXFORD, England , Dec. 19, 2024 /PRNewswire/ -- History was made at Oxford as the Enhanced Games convened the world's foremost scientists, Olympians, and human enhancement experts for the Second Conference on Human Enhancement on December 10, 2024 . In an extraordinary moment for sport, science, and ethics, over 50 global leaders ratified the Declaration on Human Enhancement , a groundbreaking charter defining the future of ethical research and innovation in human performance. Featuring keynote speeches from Bryan Johnson , founder of Blueprint and a pioneer in longevity science; Dave Asprey , the "Father of Biohacking"; and Professor George Church , the geneticist shaping the future of humanity, the conference brought together luminaries in a historic collaboration. The Declaration establishes a bold framework for human enhancement, rooted in ten key principles, including: The Right to Medical Oversight : Ensuring all enhancement procedures are safe and regulated. The Right to Freedom from Coercion : Protecting athletes' autonomy and choice. The Right to Equality of Access : Democratizing cutting-edge science to level the playing field for all. This groundbreaking document, the first of its kind, was co-authored by Bryan Johnson , Dave Asprey , D. Michael Ashenden - pioneer of the athlete blood passport system - and Dr Nenad Dikic , founder of a national anti-doping agency. It represents a global consensus on how enhancements can be embraced ethically and responsibly. "The Declaration on Human Enhancement is more than a roadmap; it's a revolution," said Dr Aron D'Souza , PhD , President of the Enhanced Games. "We are proving that performance enhancement and ethics are not only compatible but essential to the future of sport and humanity itself." This milestone reflects the Enhanced Games' vision to create a new era of competition and innovation, rejecting outdated paradigms of shame and fear while embracing the transformative potential of science. To find out more, please visit enhanced.com/conference-on-human-enhancement About the Enhanced Games: The Enhanced Games are redefining the future of sports, merging scientific innovation with athletic achievement to create a captivating competition for sports fans, tech enthusiasts, and the science-curious. Founded in 2023 by Australian entrepreneur Aron D'Souza , the Enhanced Games challenge conventional views on human performance, embracing advancements in medicine and technology to safely expand the boundaries of what is possible. With a vision to inspire superhumanity, the Games provide athletes with the opportunity to enhance their abilities under professional supervision, focusing on transparency, safety, innovation, and record-breaking feats. Backed by pioneering investors like Peter Thiel , Balaji Srinivasan , and Christian Angermayer , the Enhanced Games represent a global movement at the intersection of sport, science, and cultural evolution. Empowered by a diverse team of experts from organisations including FIFA, Nike, Red Bull , and the US Olympic and Paralympic Committee, we are committed to creating a fair, financially equitable platform that inspires humankind to overcome limits and redefine human potential. For more information, visit enhanced.org For further information, please contact: Mike Oakes , Communications Director, Enhanced Games; [email protected] Logo - https://mma.prnewswire.com/media/2557016/5087039/Enhanced_Games_Logo.jpg SOURCE Enhanced GamesJaland Lowe, Pitt charge past LSU in second half to move to 6-0
PVH Stock Falls After Holiday Outlook Falls ShortMeta Platforms Is Up 400% in the Past 2 Years: Should You Buy This Unstoppable Stock Right Now?LOS ANGELES — It certainly seems calculated. Pete Carroll, scheduled to begin teaching at USC this spring, has reportedly expressed interest in the Chicago Bears' head coaching job. Likely of no coincidence is that the Seattle Seahawks — the team Carroll coached for 14 seasons — visit the Bears on "Thursday Night Football." The broadcasters are spoon-fed a talking point while noting that the Bears have lost nine games in a row, including all three under interim coach Thomas Brown. A delicious detail is the shared USC history of Carroll and Bears rookie quarterback Caleb Williams. Carroll coached the Trojans from 2001-2009, posting a 97-19 record and winning national championships in 2003 and 2004. Williams was an appendage to new Trojans coach Lincoln Riley, transferring to USC as a sophomore in 2022 and winning the Heisman Trophy. Although 2023 didn't go as well, Williams was the first pick in the NFL draft. Chicago needs an impact coach. Carroll is one, or at least was for a long time, leading the Seahawks to nine consecutive winning records, 10 playoff berths and a Super Bowl title. He is one of four head coaches — Barry Switzer, Jimmy Johnson and Jim Harbaugh are the others — to have led teams to a college national championship and a Super Bowl appearance. But Carroll is 73 and appeared done when he was nudged out the door by the Seahawks after the 2023 season — although his contract paid him $15 million through this season. In August, he seemed lukewarm, replying to a question about his coaching future on a Seattle radio station by saying, "I could coach tomorrow. I'm physically in the best shape I've been in a long time. I'm ready to do all the activities I'm doing and feeling really good about it. I could, but I'm not desiring it at this point." Yet sitting at home watching 17 weeks of football apparently rekindled the fire. Carroll initiated this story. He wants it known. He's interested in coaching the Bears, according to a report by ESPN's Adam Schefter. Carroll declined to comment when reached by The Los Angeles Times. Remember that in his final days in Seattle he repeatedly said he wanted to continue coaching, putting an exclamation point on his intentions shortly after his last game by saying those comments were "true to the bone." NFL head coaches have been skewing younger. If Carroll were hired, he'd be seven years older than the current oldest NFL head coach, Andy Reid, although it bears mention that Reid's Kansas City Chiefs are 15-1 and defending Super Bowl champions. Carroll has always appeared younger than he is, exhibiting boundless energy and enthusiasm in a profession that can jade men. The Bears are one of at least three teams — the New Orleans Saints and New York Jets are the others — that will be shopping for a head coach when the season ends. Chicago fired Matt Eberflus on Nov. 29, one day after a 23-20 loss to the Detroit Lions that concluded with perplexing clock mismanagement by the coach and his quarterback. Williams has had a roller-coaster season, mixing brilliant plays with poor decisions. He's been sacked a league-leading 60 times yet hasn't thrown an interception in nine games. Working under Carroll, who developed Russell Wilson even though the pair had their share of differences, could accelerate Williams' improvement. All of a sudden, the USC class Carroll is scheduled to co-teach this spring is in jeopardy. The Marshall School of Business offering is called "The Game Is Life: a new course designed to help students develop their personal game plan for life after graduation, while using their USC education to conquer challenges along the way." Al Michaels and Kirk Herbstreit can unpack it all Thursday night while the Bears try to win for the first time since Oct. 13 against the Seahawks, whose sideline still seems strange without Carroll bounding, grimacing and grinning. ©2024 Los Angeles Times. Visit latimes.com . Distributed by Tribune Content Agency, LLC.None
This ASX healthcare stock is up 160% in a month! Here's why it's just entered a trading halt
CHOCOLATE lovers have been left stunned as Superdrug offers boxes of Celebrations and Ferrero Rocher for just £1. With Maltesers down to just 25p, and boxes of Ferrero Rocher , Celebrations , and Quality Street priced at only £1, shoppers are racing to snag these sweet deals. Advertisement 4 Popular beauty retailer Superdrug has slashed prices post-Christmas Credit: Getty 4 Quality Streets and Celebrations priced at just £1 Credit: Extreme Couponing and Bargains UK Group/Facebook 4 Superdrug are also giant Ferrero Rochers Credit: Extreme Couponing and Bargains UK Group/Facebook 4 Maltesers Mini Reindeers are just 25p Credit: Extreme Couponing and Bargains UK Group/Facebook Shoppers have been quick to spread the word, with social media lighting up as people share their excitement over the jaw-dropping deal. One thrilled user exclaimed: "Get into Superdrug and get me 5!" Another joked: "At this price, we should postpone Christmas for two days. "We'd pay hardly anything!" Advertisement chocolate,celebrations,retail GET IT QUICK Major supermarket slashes price of Ferrero Rocher tray as shoppers rush to buy CHOC LOT 'Dreams have come true' as shoppers spot new ‘yummy’ Ferrero Easter egg flavour Shoppers can take Giant Ferrero Rochers home for just £1 - the hollow milk and chocolate ball has long been considered a Christmas treat and now it's a budget friendly one too. In Tesco, a Maltesers Mini Reindeer is marked at £1.50 but at Superdrug the price has been slashed down to a mere 25p. This means chocoholics can pick up six Mini Reindeers at the bargain beauty retailers for the same price at one in Tesco. For those hoping to pick up something for the family, a Quality Street share box is only a pound. Advertisement Most read in Money Exclusive FRENCH FOLLY Our fairytale 8-bed Escape to the Chateau mansion has turned into a nightmare CHOC LOT Major supermarket slashes price of Quality Street tubs to just £3 NO THANKS People are already selling unwanted Christmas presents on eBay and Facebook BRIGHT SPARK Exact date millions of energy customers must take a meter reading This includes 220g of individually wrapped chocolates ready to get you over the post-holiday blues. The product is so popular it has sold out online and you'll have to head into a store if you want to get your hands on one. Angry Noel Radford left fuming after splashing cash on ‘rip off’ chocolate in Dubai Luckily, discounts don't stop there - Superdrug has a range of offers ready for when shoppers hit the high street again . The retailer is providing a free gift with selected Cosmetics. Advertisement It's offering a free Rimmel lip oil in Pink Flush when you spend £12 on Rimmel products. You can pick up a L'Oréal Paris Infallible 3-Second Setting Spray for free when you spend £15 on selected L'Oréal Paris Cosmetics. The Pout Clout Lip Plumping Pen is available when you spend £16 on selected e.l.f. Cosmetics, but this oly for online customers. Superdrug Deals Superdrug is offering L'oreal Paris Age Perfect Cell Renew Midnight Cream 50M for £14.99, down from £29.99. For those ready start their new years resoultion early, the Slimfast Powder Tin Banana 365G is on sale for £5. If you're looking to sniff out a good deal the Calvin Klein CKIN2U Eau de Toilette for Him 150ml is now £23.50, down from £56. There is free delivery for those spending over £25 on their online shopping online - this lowers to £20 for Health and Beautycard members. They are also offering a range of goodies for under a fiver . Similar to Aldi Specialbuys or the Lidl Middle Aisle, Superdrug offers This Week's Star Buys. Advertisement These are weekly deals and offers on selected items for shoppers, with extra discounts for those with a loyalty card. Most Superdrug shops have a pink display case which will sometimes have a range of yellow sticker bargains. Read more on the Scottish Sun CHRISTMAS MIRACLES Christmas baby joy for Scots parents as little ones begin arriving EDGE OF THE WORLD Inside the remote Scots golf club dubbed 'the world's loneliest course' When products don’t sell from the clearance area, the retailer will slash the price to shift it quicker. If you can hunt down the clearance shelves or display when in-store, you might be be able to pick up some products for pennies. Advertisement Everything you need to know about Superdrug jewellery... FASHION expert Abby McHale has shared her thoughts on Superdrug jewellery... Who would have thought the shop where you pick up all your beauty needs is also the place to go for jewellery. Well Superdrug actually has a rather large jewellery section. Online there are over 150 pieces to choose from and the best part is, most pieces are under £10. You can even pick yourself up the likes of a watch for £9.99 - bargain. Or you can stay bang on trend with tone drop earrings, chunky rings and layered necklaces. So next time you run out of mascara and head into Superdrug take a look at its jewellery range as I think you will be pleasantly surprised. Angry Noel Radford left fuming after splashing cash on ‘rip off’ chocolate in DubaiOptex Systems Holdings, Inc. Announces Financial Highlights for the Year Ended September 29, 2024
America’s homeland security chief is reportedly worried about the European Union’s approach to AI regulation. Alejandro Mayorkas , outgoing head of the U.S. Department of Homeland Security , said in an interview with the Financial Times (FT) Thursday (Dec. 19) that Europe’s “adversarial” relationship with tech companies is hindering broader efforts to regulate artificial intelligence (AI). He said the U.S. and Europe are not on a “strong footing” because of a difference in how they approach regulation, and stressed a need for “harmonization” across the Atlantic. Mayorkas also expressed concern that relationships between governments and the tech companies in Europe are “more adversarial” than in the U.S. “Disparate governance of a single item creates a potential for disorder, and disorder creates a vulnerability from a safety and security perspective,” he said, adding companies would also have trouble navigating regulations across jurisdictions. This year saw the European Union (EU) introduce its AI Act, which, as the FT notes, is considered the toughest artificial intelligence regulation in the world. The law features restrictions on “high risk” AI systems and regulations aimed at creating more transparency on how AI companies use data. The U.K. government also plans to introduce legislation that would compel AI companies to give access to their models for safety assessments. The British government this week also launched a consultation to clarify copyright laws concerning the use of protected materials in training AI models. The aim is to address issues such as enhancing transparency between creators and AI developers, developing licensing frameworks for the use of copyrighted materials and ensuring wide access to high-quality data for AI innovation. “These proposals will help unlock the full potential of the AI sector and creative industries to drive innovation, investment, and prosperity across the country,” the government said in a news release. Meanwhile, incoming U.S. President Donald Trump has pledged to revoke predecessor Joe Biden’s AI executive order, which established a safety institute to voluntarily test AI models. Trump has also picked David Sacks, a venture capitalist and noted critic of tech regulation, to serve as his AI and crypto czar . Mayorkas told the FT he did not know if the U.S. safety institute “would stay” under the Trump administration, but warned prescriptive laws could “suffocate and harm US leadership” in the rapidly evolving AI industry.Amazon is confronting its largest strike ever as thousands of workers across the United States and Germany walk off the job, demanding better wages, safer working conditions, and greater respect for union representation, just days before the busy holiday season. In the U.S., employees from eight Amazon facilities in cities including New York City, Atlanta, San Francisco, and Skokie, Illinois, began striking at 6 a.m. ET on Thursday. The walkouts follow Amazon’s refusal to engage in meaningful negotiations with the International Brotherhood of Teamsters union, which had warned of potential strikes unless bargaining dates were agreed upon by Sunday. The Teamsters confirmed that picket lines have been set up at seven facilities, with plans to expand to hundreds of Amazon Fulfillment Centers across the country. According to union leaders, nearly 10,000 Amazon workers have joined the Teamsters in their fight for improved wages and working conditions. Leah Pensler, a warehouse worker in San Francisco, expressed the historic nature of the strikes: “We are fighting against a vicious union-busting campaign, and we are going to win.” The Staten Island JFK8 warehouse, which became the first Amazon facility to unionize in March 2022, continues to serve as a pivotal hub for the labor movement. Teamsters General President Sean O’Brien condemned Amazon’s handling of labor relations, stating, “If your package is delayed during the holidays, you can blame Amazon’s insatiable greed.” Amazon has dismissed the strikes, claiming the union’s actions are part of a misleading campaign. “The Teamsters have actively threatened, intimidated, and coerced employees, which is illegal,” said Amazon spokesperson Kely Nantel. The company emphasized its record of wage increases and workplace safety investments but faces mounting criticism following a report by Senator Bernie Sanders, which accused Amazon of downplaying workplace injuries and prioritizing productivity over worker safety. The strike has extended to Germany, where workers represented by the United Services Union (ver.di) have launched a nationwide walkout to align with the U.S. efforts. The German strikes are designed to target Amazon’s “sensitive points” and will continue through the holiday season. “Solidarity knows no national borders,” said Silke Zimmer, a board member of ver.di. “We will continue to fight for fair wages, safe working conditions, and recognition of collective agreements.” As the strikes grow in scope, Amazon faces increasing pressure to address its labor practices, with its busiest season of the year now in full swing.
Heidi Klum blocks comments as fans slam new 'inappropriate' lingerie ad with daughterTitans coach says WR Treylon Burks recently had surgery to fix partially torn ACL
CHARLOTTE, N.C. , Dec. 26, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM (CUSIP No. 060505FR0), liquidation preference $25,000 per share (the "Preferred Stock"), and the corresponding depositary shares each representing a 1/25 th interest in a share of the Preferred Stock (CUSIP No. 060505FQ2) (the "Depositary Shares"). The Depositary Shares will be redeemed simultaneously with the Preferred Stock on the upcoming dividend payment date on January 28, 2025 (the "Redemption Date"), at a redemption price of $1,000 per depositary share. Declared dividends of $21.50 per depositary share in respect of the outstanding Depositary Shares for the full current semi-annual dividend period from, and including, July 28, 2024 to, but excluding, January 28, 2025 will be paid separately on January 28, 2025 , to holders of record on January 1, 2025 , in the customary manner. Accordingly, the redemption price of $1,000 per depositary share does not include any accrued and unpaid dividends. Dividends on the redeemed Depositary Shares will cease to accrue on the Redemption Date. The Depositary Shares are held through The Depository Trust Company ("DTC") and will be redeemed in accordance with the applicable procedures of DTC. Payment to DTC for the Depositary Shares will be made by Computershare Inc. and Computershare Trust Company, N.A., collectively, as redemption agent. The address for the redemption agent is as follows: Computershare Trust Company, N.A. Attn: Corporate Actions 150 Royall St. Canton, MA 02021 This press release does not constitute a notice of redemption under the certificate of designation governing the Preferred Stock or the deposit agreement governing the Depositary Shares. Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States , serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States , its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Forward-Looking Statements Certain information contained in this news release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023 , and in any of our subsequent Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts . www.bankofamerica.com Investors May Contact: Lee McEntire , Bank of America Phone: 1.980.388.6780 lee.mcentire@bofa.com Jonathan G. Blum , Bank of America (Fixed Income) Phone: 1.212.449.3112 jonathan.blum@bofa.com Reporters May Contact: Jocelyn Seidenfeld , Bank of America Phone: 1.646.743.3356 jocelyn.seidenfeld@bofa.com View original content to download multimedia: https://www.prnewswire.com/news-releases/bank-of-america-announces-full-redemption-of-its-series-mm-preferred-stock-and-related-depositary-shares-302338391.html SOURCE Bank of America CorporationDrop in Boxing Day footfall ‘signals return to declining pre-pandemic levels’
The King seemed amused as he laughed at British comedian Matt Forde’s impression of President-elect Donald Trump on the stage of the Royal Variety Performance. Charles attended the show at the Royal Albert Hall in London for the first time as patron of the Royal Variety charity, following in the footsteps of his mother, the late Queen Elizabeth II. In a statement from Buckingham Palace, he said: “The charity’s crucial work in assisting those who have fallen ill, had an accident or hit hard times is as essential now as it ever has been. “I would like to thank all of those who have worked so hard to stage this year’s production and wish everyone a very enjoyable evening.” The performance saw political comic Forde reference the unfounded claims Mr Trump repeated during his presidential debate against Democrat candidate Kamala Harris earlier this year, that illegal immigrants from Haiti were eating locals’ pets in the small Ohio city of Springfield. Forde exclaimed in the president-elect’s voice: “They’re eating the cats, they’re eating the dogs!” He then turned to address Charles from the stage, saying in Mr Trump’s voice: “Your Majesty King Charles, you’re named after a spaniel – be very careful, they’ll eat you alive.” The King was seen laughing in response to the joke from the royal box. Charles appeared at the event without the Queen, who insisted the “show must go on” after pulling out of attending the performance on Friday evening as doctors advised that she should prioritise rest. A Buckingham Palace spokesperson said: “Following a recent chest infection, the Queen continues to experience some lingering post-viral symptoms, as a result of which doctors have advised that, after a busy week of engagements, Her Majesty should prioritise sufficient rest. “With great regret, she has therefore withdrawn from attendance at tonight’s Royal Variety Performance. His Majesty will attend as planned.” A royal source said the Queen was “naturally disappointed to miss the evening’s entertainments and sends her sincere apologies to all those involved, but is a great believer that ‘the show must go on'”. “She hopes to be back to full strength and regular public duties very soon,” the source added. The Royal Variety Performance will air on ITV1, ITVX, STV and STV Player in December. Money raised from the show will go to help people from the world of entertainment in need of care and assistance, with the Royal Variety Charity launching an initiative to help those with mental health issues this year. We do not moderate comments, but we expect readers to adhere to certain rules in the interests of open and accountable debate. Last Updated: Are you sure you want to delete this comment?Pathstone Holdings LLC lowered its position in shares of Cognizant Technology Solutions Co. ( NASDAQ:CTSH – Free Report ) by 0.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 53,061 shares of the information technology service provider’s stock after selling 390 shares during the period. Pathstone Holdings LLC’s holdings in Cognizant Technology Solutions were worth $4,095,000 at the end of the most recent reporting period. Several other hedge funds also recently bought and sold shares of CTSH. Cibc World Market Inc. grew its stake in Cognizant Technology Solutions by 19,850.5% during the second quarter. Cibc World Market Inc. now owns 3,016,114 shares of the information technology service provider’s stock valued at $205,096,000 after acquiring an additional 3,000,996 shares in the last quarter. Pzena Investment Management LLC grew its stake in Cognizant Technology Solutions by 11.7% during the second quarter. Pzena Investment Management LLC now owns 18,609,898 shares of the information technology service provider’s stock valued at $1,265,473,000 after acquiring an additional 1,943,127 shares in the last quarter. Bank of Montreal Can grew its stake in Cognizant Technology Solutions by 152.8% during the second quarter. Bank of Montreal Can now owns 2,120,012 shares of the information technology service provider’s stock valued at $146,132,000 after acquiring an additional 1,281,236 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in Cognizant Technology Solutions by 276.9% during the third quarter. Assenagon Asset Management S.A. now owns 1,588,528 shares of the information technology service provider’s stock valued at $122,603,000 after acquiring an additional 1,167,033 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in Cognizant Technology Solutions by 129.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,904,263 shares of the information technology service provider’s stock valued at $139,565,000 after acquiring an additional 1,073,666 shares in the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock. Cognizant Technology Solutions Trading Up 0.9 % NASDAQ:CTSH opened at $79.54 on Friday. The company has a fifty day moving average of $76.98 and a 200 day moving average of $73.28. Cognizant Technology Solutions Co. has a 52 week low of $63.79 and a 52 week high of $82.41. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $39.44 billion, a P/E ratio of 17.60, a P/E/G ratio of 2.17 and a beta of 1.05. Cognizant Technology Solutions Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 19th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Tuesday, November 19th. Cognizant Technology Solutions’s payout ratio is currently 26.55%. Analysts Set New Price Targets Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Cognizant Technology Solutions from $82.00 to $89.00 and gave the company a “neutral” rating in a research report on Friday, September 6th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Cognizant Technology Solutions from $70.00 to $80.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Royal Bank of Canada lifted their target price on shares of Cognizant Technology Solutions from $81.00 to $82.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 28th. Daiwa America upgraded shares of Cognizant Technology Solutions to a “hold” rating in a research report on Tuesday, August 27th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Cognizant Technology Solutions in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating, seventeen have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Cognizant Technology Solutions has an average rating of “Hold” and a consensus target price of $79.47. View Our Latest Research Report on Cognizant Technology Solutions Cognizant Technology Solutions Profile ( Free Report ) Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology. Read More Want to see what other hedge funds are holding CTSH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cognizant Technology Solutions Co. ( NASDAQ:CTSH – Free Report ). Receive News & Ratings for Cognizant Technology Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cognizant Technology Solutions and related companies with MarketBeat.com's FREE daily email newsletter .
In a watershed for the Japanese auto industry, Honda and Nissan are expected to start negotiating a merger next week. The two companies, both of which have been overtaken by BYD and which, combined, sell fewer than three-quarters as many vehicles as Toyota, hope to stage a recovery by combining their technologies and achieving greater economies of scale. But the plan looks like a throwback to Japan Inc’s downsizing of sunset industries in decades past, and a knee-jerk nationalistic reaction to Foxconn’s interest in acquiring a stake in, or even taking over, Nissan. Foxconn is the international brand of Taiwan’s Hon Hai Precision Industry. The verdict of the stock market was swift and clear. The proposed merger was headline news on the morning of Wednesday, December 18; by the time the market closed, Honda’s stock price was down 3%, while Nissan’s was up 24%. Put into words, this is a bailout: a windfall for Nissan, bad news for Honda’s shareholders. The stock price of Renault, which owns 17.0% of Nissan directly and 18.7% through a trust, was up 5%. Hon Hai’s was down 1%. Honda and Nissan, both of them auto industry leaders in the past, have fallen far behind Toyota, Tesla and BYD in the markets for electric and hybrid vehicles. Data for the three months to September show BYD overtaking Honda and Ford to become the world’s sixth largest automaker in terms of number of vehicles sold. Perhaps even more humiliating, Chinese automaker Geely (which owns Volvo) overtook Nissan to rank ninth. Of course, the merger is pitched as forward looking. NikkeiAsia, the English language version of Japan’s top business daily, reported that the two companies will negotiate a merger “to better compete against Tesla and Chinese electric vehicle makers in a rapidly changing automobile industry.” The Financial Times, which is owned by Nikkei, reported that the two companies “are in exploratory talks about a merger of the two carmakers that would create a $52bn Japanese behemoth.” But the front page headline of the Thursday morning Japanese language Nikkei was “Hon Hai purchase, sense of crisis.” Honda, which had begun discussing a “strategic partnership” with Nissan last March, said it would cancel if Nissan tied up with Hon Hai. Hon Hai is building its own electric vehicle business, adding to the pressure on Honda and Nissan. In 2020, it established the Mobility in Harmony (MIH) Consortium in hopes of becoming the “android system of the EV industry” and “creating a ‘software-defined’ open ecosystem for the EV manufacturing industry.” Hon Hai also has a joint venture with Taiwanese automaker Yulon, which produces electric vehicles designed by Hon Hai. The MIH Consortium, which develops reference designs and open standards, now has more than 2,700 members, including more than 100 in Japan. Its CEO is the Japanese corporate executive Jun Seki, who previously served as president of Dongfeng Nissan (Nissan’s joint venture with Dongfeng Motor in China), chief operating officer of Nissan, CEO of Japanese motor maker Nidec and, most recently, chief strategy officer for Hon Hai’s electric vehicle operations. Seki reportedly sees potential synergies with Nissan, which launched its pioneering electric vehicle, the Nissan LEAF, in 2010, and is said to be interested in acquiring Renault’s share of Nissan. Renault has been backing away from its alliance with Nissan and Mitsubishi Motors, while Honda and Nissan are considering bringing Mitsubishi Motors into a new, all-Japanese, three-way alliance. Such an alliance would be about 80% the size of Toyota today but probably no more than 70% as large after cutting back production of gasoline powered cars. But even so it would probably be about the same size as the Hyundai Motor Group, which currently ranks third after Toyota and Volkswagen. Note that only three of the world’s top 10 automakers reported year-on-year unit sales increases in the three months to September 2024: BYD (+38%), Geely (+20%) and Ford (+1%). The others reported single-digit declines, except for GM (-13%) and Honda (-12%). On current trends, BYD may soon overtake GM and Stellantis, while Geely catches up with Honda. Total unit sales of Nissan vehicles were down only 3% last quarter, but both deliveries and prices have collapsed in China. As a result, the company’s net profit dropped by more than 90% in the first half of this fiscal year, which ends in March 2025. Honda’s net profit was down 20% in the same period, for the same reason. Honda also needs an alternative to its self-driving vehicle partnership with GM – which gave up on its Cruise robotaxi last week, leaving Honda in the lurch. Honda and GM had been planning to bring Cruise to Tokyo in 2026. The alternative may already be on the way. At the beginning of August, Honda and Nissan announced plans to conduct joint research into next-generation software-defined vehicles, autonomous driving and AI, as well as batteries, battery charging, and electric vehicle motor and transmission systems (e-axles). With time, this could lead to self-driving taxis. Honda also plans to double its sales of hybrid vehicles, following Toyota and BYD into the strongest segment of the passenger car market. It is easy to be cynical about these developments, but we need to remember that Toyota’s commitment to hybrid vehicles was ridiculed for years by people who thought pure electric battery-powered cars were the wave of the future. They were wrong, and those who are skeptical of the Honda-Nissan merger may also be mistaken. But fighting back against Toyota, Hyundai, BYD, Geely and other aggressive competitors won’t be easy.Drop in Boxing Day footfall ‘signals return to declining pre-pandemic levels’RICHMOND, Va. , Nov. 22, 2024 /PRNewswire/ -- Universal Corporation (NYSE:UVV) ("Universal" or the "Company"), a global business-to-business agriproducts company, today announced that, as expected, on November 19, 2024 , it received a notice (the "NYSE Notice") from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the "Form 10-Q") with the U.S. Securities and Exchange Commission (the "SEC") prior to November 18, 2024 , the end of the extension period provided by Rule 12b -25 under the Securities Exchange Act of 1934, as amended. The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE. The NYSE Notice informed the Company that, under NYSE rules, the Company has six months from November 18, 2024 , to regain compliance with the NYSE listing standards by filing the Form 10-Q with the SEC. If the Company fails to file the Form 10-Q within the six-month period, the NYSE may grant, in its sole discretion, an extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances. The NYSE Notice also noted that the NYSE may nevertheless, in its own discretion, commence delisting proceedings at any time during such period. As previously disclosed in the Company's Notification of Late Filing on Form 12b-25, filed on November 12, 2024 (the "Form 12b-25") with the SEC, the Company was unable to file the Form 10-Q on a timely basis due to an ongoing internal investigation. As a result of the additional time required to complete its internal investigation, the process of finalizing financial statements for the second quarter of fiscal year 2025 could not be completed on a timely basis. The Company is committed to completing a deliberate, thorough investigation while diligently working to fulfill all reporting obligations and currently expects to file the Form 10-Q within the six-month period granted by the NYSE Notice; however, there can be no assurance that the Form 10-Q will be filed within such period. About Universal Corporation Universal Corporation (NYSE: UVV) is a global agricultural company with over 100 years of experience supplying products and innovative solutions to meet our customers' evolving needs and precise specifications. Through our diverse network of farmers and partners across more than 30 countries on five continents, we are a trusted provider of high-quality, traceable products. We leverage our extensive supply chain expertise, global reach, integrated processing capabilities, and commitment to sustainability to provide a range of products and services designed to drive efficiency and deliver value to our customers. For more information, visit www.universalcorp.com . CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Among other things, these statements include statements regarding expectations about the Company's filing of its Form 10-Q for the quarter ended September 30, 2024 . These forward-looking statements are generally identified by the use of words such as we "expect," "believe," "anticipate," "could," "should," "may," "plan," "will," "predict," "estimate," and similar expressions or words of similar import. These forward-looking statements are based upon management's current knowledge and assumptions about future events and involve risks and uncertainties that could cause actual results, performance, or achievements to be materially different from any anticipated results, prospects, performance, or achievements expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the uncertainty of the ultimate findings of the ongoing internal investigation, as well as the timing of its completion and costs and expenses arising out of the ongoing internal investigation process and its results; the impact of the ongoing internal investigation on us, our management and operations, including financial impact as well as any litigation or regulatory action that may arise from the ongoing internal investigation; the impact of the internal investigation on our conclusions regarding the effectiveness of our internal control over financial reporting and our disclosure controls and procedures; our ability to regain compliance with NYSE listing requirements; success in pursuing strategic investments or acquisitions and integration of new businesses and the impact of these new businesses on future results; product purchased not meeting quality and quantity requirements; our reliance on a few large customers; our ability to maintain effective information technology systems and safeguard confidential information; anticipated levels of demand for and supply of our products and services; costs incurred in providing these products and services including increased transportation costs and delays attributed to global supply chain challenges; timing of shipments to customers; higher inflation rates; changes in market structure; government regulation and other stakeholder expectations; economic and political conditions in the countries in which we and our customers operate, including the ongoing impacts from international conflicts; product taxation; industry consolidation and evolution; changes in exchange rates and interest rates; impacts of regulation and litigation on its customers; industry-specific risks related to its plant-based ingredient businesses; exposure to certain regulatory and financial risks related to climate change; changes in estimates and assumptions underlying our critical accounting policies; the promulgation and adoption of new accounting standards, new government regulations and interpretation of existing standards and regulations; and general economic, political, market, and weather conditions. Actual results, therefore, could vary from those expected. Please also refer to such other factors as discussed in Part I, Item 1A. "Risk Factors" of Universal's Annual Report on Form 10-K for the fiscal year ended March 31, 2024 , and related disclosures in other filings which have been filed with the U.S. Securities and Exchange Commission and are available on the SEC's website at www.sec.gov . All risk factors and uncertainties described herein and therein should be considered in evaluating forward-looking statements, and all of the forward-looking statements are expressly qualified by the cautionary statements contained or referred to herein and therein. Universal cautions investors not to place undue reliance on any forward-looking statements as these statements speak only as of the date when made, and it undertakes no obligation to update any forward-looking statements made, except as required by law. View original content to download multimedia: https://www.prnewswire.com/news-releases/universal-corporation-receives-nyse-notice-regarding-filing-of-form-10-q-for-the-fiscal-quarter-ended-september-30-2024-302314579.html SOURCE Universal Corporation