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DENVER, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the premier members-only luxury vacation club, announced a strategic partnership with BLADE Urban Air Mobility (“BLADE”), a pioneering leader in short-distance aviation. This collaboration provides Inspirato members with access to BLADE’s helicopter services, bringing them closer to Inspirato’s luxury destinations with unmatched convenience and style. "Inspirato offers its members access to the most exciting properties in New York City. And BLADE delivers the most inspiring way to arrive here. With a shared spirit of hospitality, we're thrilled to announce our partnership." Christiana Weller, VP of Marketing The exclusive partnership redefines the travel experience for members visiting New York City, by providing a seamless, luxurious transfer from the airport directly into the city—bypassing traffic to ensure they can reach their destination quickly and comfortably. This partnership exemplifies Inspirato’s dedication to curating exceptional, time-saving experiences for discerning travelers. “As Inspirato continues to expand its portfolio of luxury travel experiences, we are delighted to partner with BLADE to simplify our members’ journeys from arrival to departure,” said David Kallery, President at Inspirato. “Our members expect exceptional service and convenience, and with BLADE, we can offer them an elevated travel experience to some of the world’s most sought-after destinations.” About Inspirato Inspirato (NASDAQ: ISPO) is a members-only luxury vacation club that offers access to a curated portfolio of vacation homes, five-star hotels, and custom travel experiences. Inspirato’s innovative model is designed to provide members with unparalleled service, certainty, and value in each vacation experience. For more information, visit www.inspirato.com and follow @inspirato on Instagram, Facebook, X, and LinkedIn. About Blade Urban Air Mobility Blade Urban Air Mobility, Inc. (NASDAQ: BLDE) is a technology-powered air mobility company committed to reducing travel friction by providing aviation alternatives that allow travelers to reach their destinations faster. Founded in 2014, Blade offers a range of services including urban air mobility, organ transportation, and scheduled flights via helicopters, seaplanes, and jets. Blade aims to make air travel more accessible and convenient with a commitment to innovation, sustainability, and efficiency. Inspirato Contacts: Investor Relations: ir@inspirato.com Media Relations: Inspirato: communications@inspirato.com Blade Contacts: Media Relations: lee@blade.com
Breaking news Our journalists are working right now to gather more details for you. The BDN publishes only verified information from trusted sources, so we don’t cite social media hearsay or police scanner chatter. Send a tip here . The Bangor Walmart was temporarily evacuated on Saturday. The store was reopened by 4:09 p.m., an employee at the store told the Bangor Daily News. The employee did not know the cause of the evacuation. A phone call to the Bangor Fire Department was not immediately returned. More articles from the BDNThe store aims to provide a unique, tangible experience for its customers, emphasizing the nostalgic appeal of physical media in a digital age. “It’s very 80s, 90s, early 2000s inspired. We have a bunch of toys and clothing from that era, and then we also have DVDs—from the media aspect of things we tried to keep it along those lines,” said Alexandra Fracchia, co-owner of Manic Media. Fracchia started the business with Craig Hiltsley of Ballston Spa, meeting as friends who both had a large inventory of throwback video games, VHS tapes, and memorabilia that accumulated over many years from thrift stores and garage sales. “We just decided to come together,” Fracchia said of her partnership with Hiltsley. Their collections grew as sellers at thrift stores and garage sales preferred to sell their merchandise in bulk. “That’s how I got started. I was collecting, and then I was buying bulk because I would see a few that I wanted, and they (sellers) would say ‘You have to take them all,’” Fracchia explained. “So I got all these extra ones (tapes) that I didn’t necessarily want, and then I found these niche Facebook groups that were for VHS,” Fracchia said, as she found out there was a market for these items. Manic Media will hope to thrive during a time when consumers yearn for tangible items, like VHS, in the era of streaming. As Fracchia describes it, owning and using physical media is an entirely different experience that connects the customer with the product. “We’re from that era,” Fracchia told The Post-Star. “In a certain way, everyone wants to go back to that, and wants their kids to experience what they were experiencing.” In many ways, the Glens Falls Shirt Factory, at the corner of Lawrence and Cooper streets in Glens Falls, wound up being the ideal spot for Manic Media and its cache of collectibles given the eclectic and artistic nature of the building’s small businesses. “It’s a great community of people here,” Fracchia said of the Shirt Factory. Fracchia also praised the Shirt Factory’s owner, Eric Unkauf, who she has known since she was younger and had an art studio in the building. “We looked around at a bunch of places—didn’t find anything we loved,” Fracchia said. “So I just contacted him (Unkauf), and we checked it out.” “I just love what he’s doing here. He’s really fair and cares about the community, and cares about indie shops and artists,” she said of Unkauf. Participation in local events, like the Food Truck Corral, at the Shirt Factory was another draw for the Manic Media owners who want to remain engaged with their customers. At their grand opening on Sunday, Nov. 24, Fracchia and Hiltsley were greeted by a line out the door as Manic Media opened for the first time, possibly hinting at the business’ future success. Therefore, the only difficulty may be keeping up with their inventory stock during high demand. In addition to selling, Manic Media will also buy and trade video games, consoles, CDs, cassettes, VHS, DVDs, or anything from the 80s, 90s, or Y2K — at their own discretion. Manic Media is open from Wednesday through Saturday from 12 p.m. to 6 p.m., and Sundays from 12 p.m. to 5 p.m. at 71 Lawrence St. Suite 206 (second floor).
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TWW Helms Project Management Office for IRS Cybersecurity Inflation Reduction Act and Zero Trust InitiativesKingsview Wealth Management LLC acquired a new position in W.W. Grainger, Inc. ( NYSE:GWW – Free Report ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 283 shares of the industrial products company’s stock, valued at approximately $294,000. Other institutional investors have also recently made changes to their positions in the company. Champlain Investment Partners LLC acquired a new stake in W.W. Grainger in the third quarter worth about $55,815,000. Meridian Wealth Management LLC purchased a new position in shares of W.W. Grainger in the 3rd quarter valued at approximately $404,000. Icon Wealth Advisors LLC boosted its stake in W.W. Grainger by 19,883.4% in the 3rd quarter. Icon Wealth Advisors LLC now owns 36,170 shares of the industrial products company’s stock worth $37,574,000 after purchasing an additional 35,989 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in W.W. Grainger by 3.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 284,666 shares of the industrial products company’s stock worth $295,714,000 after purchasing an additional 8,552 shares during the last quarter. Finally, Banco Santander S.A. increased its stake in W.W. Grainger by 1.5% during the 3rd quarter. Banco Santander S.A. now owns 11,756 shares of the industrial products company’s stock valued at $12,212,000 after purchasing an additional 173 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock. Wall Street Analysts Forecast Growth GWW has been the subject of several research reports. Wolfe Research upgraded shares of W.W. Grainger to a “hold” rating in a research note on Sunday, September 22nd. Morgan Stanley lifted their price target on W.W. Grainger from $990.00 to $1,215.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 19th. Northcoast Research initiated coverage on W.W. Grainger in a report on Tuesday, October 29th. They issued a “neutral” rating on the stock. Robert W. Baird raised W.W. Grainger from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $975.00 to $1,230.00 in a report on Wednesday, October 16th. Finally, Royal Bank of Canada increased their price target on shares of W.W. Grainger from $1,018.00 to $1,125.00 and gave the stock a “sector perform” rating in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $1,109.00. W.W. Grainger Trading Up 0.1 % GWW stock opened at $1,206.50 on Friday. The company has a quick ratio of 1.68, a current ratio of 2.59 and a debt-to-equity ratio of 0.59. W.W. Grainger, Inc. has a 52-week low of $775.00 and a 52-week high of $1,227.66. The company’s 50-day simple moving average is $1,113.99 and its 200-day simple moving average is $1,004.11. The firm has a market cap of $58.76 billion, a P/E ratio of 32.67, a PEG ratio of 3.33 and a beta of 1.15. W.W. Grainger ( NYSE:GWW – Get Free Report ) last issued its quarterly earnings results on Thursday, October 31st. The industrial products company reported $9.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.98 by ($0.11). The business had revenue of $4.39 billion for the quarter, compared to analysts’ expectations of $4.40 billion. W.W. Grainger had a return on equity of 51.78% and a net margin of 10.80%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $9.43 EPS. As a group, equities analysts forecast that W.W. Grainger, Inc. will post 38.92 EPS for the current fiscal year. W.W. Grainger Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Sunday, December 1st. Shareholders of record on Monday, November 11th will be given a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date is Friday, November 8th. W.W. Grainger’s dividend payout ratio is presently 22.23%. Insider Activity In other news, CFO Deidra C. Merriwether sold 704 shares of W.W. Grainger stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $1,105.59, for a total value of $778,335.36. Following the sale, the chief financial officer now directly owns 9,509 shares of the company’s stock, valued at $10,513,055.31. The trade was a 6.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link . Also, CEO Donald G. Macpherson sold 27,502 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $1,000.82, for a total value of $27,524,551.64. Following the completion of the transaction, the chief executive officer now directly owns 111,559 shares of the company’s stock, valued at approximately $111,650,478.38. This represents a 19.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 50,900 shares of company stock worth $52,640,733 over the last 90 days. 9.50% of the stock is currently owned by company insiders. W.W. Grainger Company Profile ( Free Report ) W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools. Featured Stories Receive News & Ratings for W.W. Grainger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W.W. Grainger and related companies with MarketBeat.com's FREE daily email newsletter .
5th annual Donor Dash celebrates life, honors gift of organ donation in TempeThe western third of the college football world, so often excluded from the four-team College Football Playoff, will have three representatives in the inaugural 12-team version after Boise State and Arizona State secured automatic bids Friday night and Saturday morning, respectively. The Broncos (12-1) locked up their spot with a victory over UNLV in the Mountain West championship, and the Sun Devils (11-2) did the same with a dominating performance against Iowa State in the Big 12 championship. The region’s third CFP participant, top-ranked Oregon (12-0), will make the field regardless of the outcome of the Big Ten title showdown with Penn State later today. Across the entirety of the four-team playoff era (2014-23), only three western teams participated: Oregon in 2014 and Washington in 2016 and 2023. Had the four-team event remained in place this season, the Sun Devils would have been on the outside looking in the day they lost for a second time (Oct. 19). Boise State likely would have been excluded as a one-loss team from the Group of Five. “In creating the format for the 12-team event,” former CFP executive director Bill Hancock told the Hotline on Saturday (via text message), “it was important to make sure college football thrived in every part of the country. “It is working!” Exactly where the Broncos and Sun Devils fit within the 12-team bracket, which will be revealed Sunday at 9 a.m. (Pacific) on ESPN, is unclear. Both teams want one of the opening-round byes assigned to the four highest-ranked conference champions. The fifth conference champion isn’t as fortunate and must open the CFP on the road. (The opponent is expected to be the runner up from the Big Ten or SEC, or Notre Dame.) Boise State was No. 10 in the rankings released Tuesday, five spots ahead of ASU. Was the Sun Devils’ blowout victory over No. 16 Iowa State enough to catapult them over the Broncos, who beat No. 20 UNLV by two touchdowns? “In no way should a Group of Five champion be ranked above our champion,” Big 12 commissioner Brett Yormark said earlier this week. Or could both Boise State and Arizona State receive byes — at the expense of the ACC champion? That seems unlikely if eighth-ranked SMU handles its business later today but entirely plausible if No. 17 Clemson topples the Mustangs. Arizona State’s victory brings a degree of clarity to the Pac-12’s bowl selection process, which includes all the legacy schools this season despite the breakup of the conference. With the Ducks and Sun Devils headed to the CFP, all other eligible teams will jump two spots from their natural position: — The Alamo Bowl has the first pick and is expected to select Colorado, which tied for first place in the Big 12 but lost the tiebreaker. The Buffaloes will face either Iowa State or Brigham Young, according to bowl officials. Given the Cyclones’ woeful performance in the title game — and their expected plunge in the rankings — Brigham Young is a safe bet to oppose Colorado. (The teams did not meet during the regular season.) — The Holiday Bowl has the second pick and will invite Washington State, which is protected by the Pac-12’s one-loss-down rule. It prevents bowl officials from bypassing one team for another if there is a two-game (or more) difference in losses. The Cougars are 8-4 and must be selected ahead of the three teams that finished with 6-6 records (USC, Washington and Cal), according to the Pac-12. Washington State’s opponent will be from the ACC. — Next up is the Las Vegas Bowl, which has its choice of the 6-6 teams and is expected to invite the Trojans, who began their season in Sin City with a dramatic victory over LSU. USC’s opponent will come from the SEC, which could mean a showdown against coach Lincoln Riley’s former team, Oklahoma. But we wonder if Mississippi, led by former USC coach Lane Kiffin, is more likely. — The Sun Bowl has the fourth pick and is expected to choose Washington, which has not played in El Paso since 2002. The Huskies will be matched against a team from the ACC. — That leaves the LA Bowl to select Cal, the lone remaining eligible team among the Pac-12 legacy schools. The selection makes sense in that the Bears have a large alumni base in Southern California and did not play a regular season game at USC or UCLA for the first time in eons. Cal would face an opponent from the Mountain West. The bowl pairings will become official Sunday afternoon, following the reveal of the CFP. *** Send suggestions, comments and tips (confidentiality guaranteed) to wilnerhotline@bayareanewsgroup.com or call 408-920-5716 *** Follow me on the social media platform X: @ WilnerHotline
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Sam Kerr may still be three months away from returning to the field. The Matildas captain has had a devastating setback in her program to recover from knee surgery, her club Chelsea confirmed on Saturday (AEDT). The 31-year-old has been out of action in 2024, needing surgery to repair a ruptured ACL in her knee in January. The injury saw her miss the Matildas’ entire Paris Olympics campaign. However, nobody could have prepared Chelsea and Aussie fans for the news that Kerr’s recovery will stretch to well over 12 months. Recovery from ACL surgery for elite athletes typically does not extend beyond 12 months. However, Chelsea coach Sonia Bompastor has dropped the news Kerr is not even training with teammates yet and remains on a modified recovery program. “I would say Sam we are looking to maybe have back with us February, March, not before that,” the Chelsea boss said. “She didn’t start yet to train, even being modified with the group, so she’s still on her individual process rehab and I think it will take at least two or three more months for her to be fit enough to be with the squad.” It means Kerr will only return in time for the final few months before the Women’s Super League season wraps up in May. Matildas interim coach Tom Sermanni recently said he expected Kerr to return to the Matildas squad in the next FIFA international window — where they will play Japan, the United States and Colombia in February. Kerr cryptically said on a BBC podcast in September that she had a “little bit more going on than an ACL”. Sam Kerr will have time to support Kristie Mewis. Sermanni said last month he had not been made aware of any other issues surrounding the return of his star striker. “Her rehab is going really well,” Sermanni said, adding that ACL injuries typically take at least a full year to heal. “Things are getting a little bit better in rehab, but in reality, it’s still probably a 12-month injury, and Sam’s taking that time to come back to ensure that hopefully, when she comes back, she’s going to be completely fit and healthy.” Several of Kerr’s other Matildas teammates have returned from the same injury in a shorter 9-10 months time frame, like defender Ellie Carpenter. But after missing the Olympics and with no major international tournament on the line Kerr is taking time to ensure her body is properly ready before making her comeback. The silver lining to the sad injury update is that Kerr will have more time to support partner Kristie Mewis as the West Ham star carries the couple’s first child. The pair announced their news in November with a cute Instagram post that had a simple caption: “Mewis-Kerr baby coming 2025.” Their announcement was spoiled somewhat by a storm of ugly comments on social media that prompted the football club to hit out at “unacceptable and hateful homophobic comments”. Kerr and Mewis announced their engagement last November, two months after rumours initially swirled about the move. Matildas star Sam Kerr at Chelsea training with Kristie Mewis. Sam Kerr celebrating a goal. Photo by IZHAR KHAN / AFP. The pair kept it quiet, playing a game with fans as they refused to confirm the news until Mewis broke the couple’s silence on November 9 in an exclusive interview with People Magazine. And a post confirmed the couple were engaged on September 1, 2023. That was just under two weeks after the Matildas’ World Cup campaign ended in the 2-0 third-place playoff loss to Sweden. Kerr and Mewis went public with their relationship in 2021 after the Tokyo Olympics and since then the power couple have regularly shared snaps together. “We’re not private people,” Kerr told Gaffer. “I like sharing my story. I like sharing who I am outside of football.” Kerr added that it was important to her to be with someone who understood the demands of football, particularly when they play on the opposite sides of the world. Mewis added: “I think just being out and being two girls in love, I think if we can change one or two people’s lives, and the way that they feel about each other and how comfortable they feel, then that means a lot to me. “I love to share my relationship on social media.” The pair won over fans at the World Cup, sharing a photo dump of their time together, as well as being snapped celebrating with a kiss. More Coverage ‘Just bullying’: Matildas’ brutal bloodbath Andrew McMurtry ‘You’re a disgrace’: Ugly incident rocks Test James Dampney and Andrew McMurtry Originally published as Sam Kerr news devastates her biggest supporters Football Don't miss out on the headlines from Football. Followed categories will be added to My News. Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories Football ‘Sad’: Teen’s football dream destroyed The Sydney teen, 15, saved up to fly across the world to see the historic fixture only for it to be called off due to the weather. Read more EPL Horror as $50m star airlifted to hospital Sickening details of a crash and rescue operation have emerged after a star footballer needed to be cut from his car. Read moreThe Cardinals led 56-55 after three quarters before pulling away in the fourth by scoring 16 unanswered points, capped by a fast-break layup by Curry, before Colorado made its first field goal of the frame with 2:48 left. Colorado scored the next six points to get within single digits at 72-63, but freshman Tajianna Roberts banked in a jumper in the lane at the other end. Izela Arenas sealed it on two free throws with 24.9 seconds left for a nine-point lead. Roberts finished with 13 and Arenas had 11 for Louisville (5-2). Frida Formann scored 25 points for Colorado (6-2). Jade Masogayo added 12 points, Nyamer Diew scored 10 and Kindyll Wetta matched her career-high with 10 assists. Formann went on a personal 8-0 run to give Colorado a 43-37 lead with 7:38 left in the third. She reached 20 points during the run, while no other player had scored in double figures. Louisville plays No. 8 Oklahoma on Wednesday in the SEC/ACC Challenge. Colorado continues a five-game homestand against Tennesse Tech on Tuesday. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP women’s college basketball: https://apnews.com/hub/ap-top-25-womens-college-basketball-poll and https://apnews.com/hub/womens-college-basketballBEIRUT — Insurgents’ stunning march across Syria accelerated Saturday with news that they had reached the suburbs of the capital and that government forces had withdrawn from the central city of Homs. The government was forced to deny rumors that President Bashar Assad had fled the country. The loss of Homs is a potentially crippling blow for Assad. It stands at an important intersection between Damascus and Syria’s coastal provinces of Latakia and Tartus — the Syrian leader’s base of support and home to a Russian strategic naval base. The pro-government Sham FM reported that government forces took positions outside Syria’s third-largest city, without elaborating. Rami Abdurrahman who heads the Britain-based Syrian Observatory for Human Rights, said Syrian troops and members of different security agencies have withdrawn from the city, adding that rebels have entered parts of it. The capture of Homs is a major victory for insurgents, who have already seized the cities of Aleppo and Hama, as well as large parts of the south, in a lightning offensive that began Nov. 27. Analysts said Homs falling into rebel hands would be a game-changer. The rebels’ moves around Damascus, reported by the monitor and a rebel commander, came after the Syrian army withdrew from much of southern part of the country, leaving more areas, including several provincial capitals, under the control of opposition fighters. The advances in the past week were among the largest in recent years by opposition factions, led by a group that has its origins in al-Qaida and is considered a terrorist organization by the U.S. and the United Nations. In their push to overthrow Assad’s government, the insurgents, led by the Hayat Tahrir al-Sham group, or HTS, have met little resistance from the Syrian army. For the first time in the country’s long-running civil war, the government now has control of only three of 14 provincial capitals: Damascus, Latakia and Tartus. The U.N.’s special envoy for Syria, Geir Pedersen, on Saturday called for urgent talks in Geneva to ensure an “orderly political transition.” Speaking to reporters at the annual Doha Forum in Qatar, he said the situation in Syria was changing by the minute. Russian Foreign Minister Sergey Lavrov, whose country is Assad’s chief international backer, said he feels “sorry for the Syrian people.” In Damascus, people rushed to stock up on supplies. Thousands went to Syria’s border with Lebanon, trying to leave the country. Many shops in the capital were shuttered, a resident told The Associated Press, and those still open ran out of staples such as sugar. Some were selling items at three times the normal price. “The situation is very strange. We are not used to that,” the resident said, insisting on anonymity, fearing retributions. “People are worried whether there will be a battle (in Damascus) or not.” It was the first time that opposition forces reached the outskirts of Damascus since 2018, when Syrian troops recaptured the area following a yearslong siege. The U.N. said it was moving noncritical staff outside the country as a precaution. Assad’s status Syria’s state media denied social media rumors that Assad left the country, saying he is performing his duties in Damascus. He has had little, if any, help from his allies. Russia, is busy with its war in Ukraine. Lebanon’s Hezbollah, which at one point sent thousands of fighters to shore up Assad’s forces, has been weakened by a yearlong conflict with Israel. Iran has seen its proxies across the region degraded by regular Israeli airstrikes. U.S. President-elect Donald Trump on Saturday posted on social media that that the United States should avoid engaging militarily in Syria. Pedersen said a date for talks in Geneva on the implementation a U.N. resolution, adopted in 2015, and calling for a Syrian-led political process, would be announced later. The resolution calls for the establishment of a transitional governing body, followed by the drafting of a new constitution and ending with U.N.-supervised elections. Later Saturday, foreign ministers and senior diplomats from eight key countries, including Saudi Arabia, Russia, Egypt, Turkey and Iran, along with Pederson, gathered on the sidelines of the Doha Summit to discuss the situation in Syria. No details were immediately available. The insurgents’ march Rami Abdurrahman, who heads the Britain-based Syrian Observatory for Human Rights, an opposition war monitor, said insurgents were in the Damascus suburbs of Maadamiyah, Jaramana and Daraya. Opposition fighters were marching toward the Damascus suburb of Harasta, he added. A commander with the insurgents, Hassan Abdul-Ghani, posted on the Telegram messaging app that opposition forces had begun the “final stage” of their offensive by encircling Damascus. HTS controls much of northwest Syria and in 2017 set up a “salvation government” to run day-to-day affairs in the region. In recent years, HTS leader Abu Mohammed al-Golani has sought to remake the group’s image, cutting ties with al-Qaida, ditching hard-line officials and vowing to embrace pluralism and religious tolerance. The shock offensive began Nov. 27, during which gunmen captured the northern city of Aleppo, Syria’s largest, and the central city of Hama, the country’s fourth largest city. Opposition activists said Saturday that a day earlier, insurgents entered Palmyra, which is home to invaluable archaeological sites had been in government hands since being taken from the Islamic State group in 2017. To the south, Syrian troops left much of the province of Quneitra including the main Baath City, activists said. Syrian Observatory said government troops have withdrawn from much of the two southern provinces. The Syrian army said in a statement that it carried out redeployment and repositioning in Sweida and Daraa after its checkpoints came under attack by “terrorists." The army said it was setting up a “strong and coherent defensive and security belt in the area,” apparently to defend Damascus from the south. The Syrian government has referred to opposition gunmen as terrorists since conflict broke out in March 2011. Diplomacy in Doha The foreign ministers of Iran, Russia and Turkey, meeting in Qatar, called for an end to the hostilities. Turkey is a main backer of the rebels. Qatar’s top diplomat, Sheikh Mohammed bin Abdulrahman Al Thani, criticized Assad for failing to take advantage of the lull in fighting in recent years to address the country’s underlying problems. “Assad didn’t seize this opportunity to start engaging and restoring his relationship with his people,” he said. Sheikh Mohammed said he was surprised by how quickly the rebels have advanced and said there is a real threat to Syria’s “territorial integrity.” He said the war could “damage and destroy what is left if there is no sense of urgency” to start a political process. Karam reported from London. Associated Press writers Albert Aji in Damascus, Syria and Qassim Abdul-Zahra in Baghdad contributed to this report. Updated at 3:12 p.m.
NEW HAVEN, Conn. (AP) — Casey Simmons scored 18 points as Yale beat Vermont 65-50 on Saturday. Simmons had eight rebounds and three steals for the Bulldogs (5-5). Nick Townsend scored 13 points while shooting 4 for 10 (2 for 4 from 3-point range) and 3 of 4 from the free-throw line and added six rebounds. Bez Mbeng had 11 points and went 4 of 11 from the field (2 for 5 from 3-point range). The Catamounts (5-6) were led by TJ Hurley, who recorded 21 points. Shamir Bogues added 12 points for Vermont. Ileri Ayo-Faleye finished with seven points and three blocks. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Billionaire investor Warren Buffett once referred to Apple ( AAPL 1.02% ) as "probably the best business I know in the world." For years, it has been a top holding in the Berkshire Hathaway ( BRK.A 0.07% ) ( BRK.B -0.01% ) portfolio. Buffett likely remains incredibly bullish on Apple's future, but he has, nonetheless, been selling a lot of the company's stock over the past year. This past quarter marked the fourth consecutive period when Buffett reduced his stake in the iPhone maker. Cumulatively, it results in a fairly sizable change in Berkshire's overall portfolio. While Apple remains the top holding, it isn't taking up nearly as large of a chunk as it was before. Here's how the Berkshire portfolio has changed and what lessons investors can take away from Buffett's latest moves. Apple now accounts for just 23% of Berkshire's portfolio Today, Apple stock makes up less than one-quarter of Berkshire's overall portfolio. That's a significant change from just a year ago when Apple was making up close to half of all of its holdings. Just four stocks back then were representing 71% of Berkshire's holdings, and that has changed dramatically with Buffett's stock sales over the past four quarters. The top four stocks remain the same in Berkshire's portfolio: Apple, American Express , Bank of America , and Coca-Cola are still firmly at the top. But in total, they now account for approximately 59% of the total portfolio. The biggest change is the gap, however. A year ago, the second-largest holding was Bank of America, taking up nearly 9% of the portfolio, which was well behind the near-49% that Apple represented. Today, Apple and American Express are the top two holdings, with the former accounting for 23% of the portfolio and the latter being not far behind at 15%. This doesn't mean Buffett sees anything wrong with Apple's stock It's important to note that while Buffett has drastically trimmed his position in Apple (at $70 billion, his holdings are now less than half of what they were a year ago), that doesn't mean he's any less of a fan of Apple. Buffett's main goal is to look out for shareholder interests, and cashing out profits before possible changes to capital gains taxes might be a motivating factor for him, especially given how well Apple stock has performed over the years, with it now being among the most valuable companies in the world with a market cap of $3.5 trillion. Additionally, Buffett famously doesn't rely on economic forecasts, or make decisions, based on where he thinks the economy is heading. The Berkshire chief is a long-term investor who has remained invested in far more troubling times than where the economy is today. Apple, meanwhile, has generated an impressive $109 billion in free cash flow over the trailing 12 months, which is a clear sign the business is still doing phenomenally well. What can investors learn from Buffett's recent moves? For investors, there are a couple of important takeaways from Buffett's significant stock sales that are worth noting here. The first is that it's OK to sell a stock you like for the sake of securing some profit. You don't need to be all-in on a stock or completely out of it. If it's doing extraordinarily well, a prudent move may be to sell out a good chunk of your holdings. That can minimize your risk if you're worried about a downturn. Secondly, having a more diversified portfolio can be advantageous at a time when valuations are high. If Berkshire's portfolio had still been heavily tilted toward Apple, it would have been more vulnerable to a correction in the markets. Berkshire still isn't all that diverse, with such a huge chunk of its portfolio allocated to just four stocks, but it's certainly more diverse than it was a year ago. Putting your eggs in one highly valued stock, regardless of how much you may love it, can be a risky position to be in. Lastly, there's nothing wrong with holding more cash if you're not sure what to invest in. Buffett has often talked in baseball terms about waiting for a pitch in your "sweet spot" to hit. And that's what I think Berkshire may be doing with its growing cash load . It's waiting for an opportunity to come along, perhaps if there is a market sell-off, to make not just any move but a significant one in value stock that is priced at a discount and which possesses a lot of upside. Having a strong cash balance on hand can free up investors to take a big swing at a great opportunity which comes up.The S&P 500 Is on Track to Do Something It Hasn't Done Since 1999, and Here's What It Could Mean for 2025
Kohl’s ( NYSE:KSS – Free Report ) had its target price trimmed by TD Cowen from $20.00 to $16.00 in a report published on Wednesday, Benzinga reports. The brokerage currently has a hold rating on the stock. KSS has been the subject of several other research reports. Gordon Haskett lowered shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 target price for the company. in a research note on Tuesday. JPMorgan Chase & Co. downgraded shares of Kohl’s from a “neutral” rating to an “underweight” rating and set a $19.00 price objective for the company. in a research report on Thursday, August 29th. Morgan Stanley cut their target price on shares of Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a report on Monday, November 25th. Citigroup decreased their target price on Kohl’s from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Monday, November 18th. Finally, Guggenheim dropped their price target on Kohl’s from $26.00 to $25.00 and set a “buy” rating on the stock in a research report on Wednesday. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $17.22. Check Out Our Latest Report on Kohl’s Kohl’s Price Performance Kohl’s ( NYSE:KSS – Get Free Report ) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The firm had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same quarter last year, the business posted $0.53 earnings per share. The firm’s revenue for the quarter was down 8.5% on a year-over-year basis. As a group, research analysts anticipate that Kohl’s will post 1.35 earnings per share for the current fiscal year. Kohl’s Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 13.34%. The ex-dividend date of this dividend is Wednesday, December 11th. Kohl’s’s dividend payout ratio is currently 90.09%. Insider Transactions at Kohl’s In related news, EVP Feeney Siobhan Mc sold 16,367 shares of the company’s stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $19.27, for a total value of $315,392.09. Following the completion of the sale, the executive vice president now owns 136,799 shares of the company’s stock, valued at $2,636,116.73. This represents a 10.69 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . Company insiders own 0.86% of the company’s stock. Hedge Funds Weigh In On Kohl’s Several large investors have recently bought and sold shares of the stock. Tidal Investments LLC increased its stake in shares of Kohl’s by 23.0% during the first quarter. Tidal Investments LLC now owns 15,942 shares of the company’s stock valued at $465,000 after acquiring an additional 2,982 shares during the period. EMC Capital Management raised its stake in shares of Kohl’s by 231.8% in the 1st quarter. EMC Capital Management now owns 7,891 shares of the company’s stock worth $230,000 after buying an additional 5,513 shares in the last quarter. CWM LLC lifted its holdings in shares of Kohl’s by 97.1% in the second quarter. CWM LLC now owns 1,924 shares of the company’s stock valued at $44,000 after buying an additional 948 shares during the period. Annex Advisory Services LLC boosted its stake in Kohl’s by 19.5% during the second quarter. Annex Advisory Services LLC now owns 196,637 shares of the company’s stock valued at $4,521,000 after buying an additional 32,034 shares in the last quarter. Finally, Gilman Hill Asset Management LLC boosted its stake in Kohl’s by 2.4% during the second quarter. Gilman Hill Asset Management LLC now owns 320,070 shares of the company’s stock valued at $7,358,000 after buying an additional 7,419 shares in the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock. About Kohl’s ( Get Free Report ) Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang. Recommended Stories Receive News & Ratings for Kohl's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's and related companies with MarketBeat.com's FREE daily email newsletter .Sam McDowell: Chiefs enacted emergency plan after Patrick Mahomes’ outburst vs. Raiders. What next?
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Games to snuggle up with this holiday season“Community-held land in Odisha generates annual economic benefits and socio-cultural value amounting to ₹36,890 crore,” says a study conducted by organisations drawn from various sectors. The study ‘Odisha State Brief on Economic Valuation of Land Commons’ carried out by Foundation for Ecological Security, Common Ground, Federation University and International Food Policy Research Institute says Odisha has approximately five million hectares of land commons, including forests, permanent pastures, culturable wastelands, and barren lands. As the commons are essential for providing various ecosystem services that contribute to the State’s economic and ecological well-being, the researchers have called for framing of laws and procedures that recognise and protect the economic and social importance of commons, ensuring their sustainable use and management, and incorporating their valuation into policy and decision-making processes. The study says land commons face numerous threats including overuse, degradation, encroachment, and inadequate governance. “These threats lead to the loss of valuable ecosystem services, impacting the livelihoods of millions who depend on these resources. Degradation of land commons also results in reduced biodiversity, increased soil erosion and diminished water quality, exacerbating environmental challenges,” it says. Valuation matrix developed by various academic bodies provides formula for calculation of ecosystem services. There are four types of ecosystem services – provisioning, support, regulating and cultural. There is also stock service of land commons. The gene pool on existing on land commons have to be managed in wake of climate change threats. Provisioning services include tangible products obtained from ecosystems such as food, water and raw materials. In Odisha, these include non-timber forest products (NTFPs), fuel-wood, fodder, and water. The services are valued at ₹65,411 per hectare annually. Similarly, the study says, regulating services are benefits obtained from the regulation of ecosystem processes, such as climate regulation, soil fertility and water purification which gives a value worth ₹60,698 per hectare annually. The supporting services (soil formation, habitat provision and gene pool preservation) and cultural services (spiritual enrichment, cognitive development, reflection, recreation, and aesthetic experiences) generate values worth ₹24,078 and ₹4,456 per hectare annually. Published - November 30, 2024 03:10 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit Orissa / Bhubaneswar / state politics / politics / politics (general) / forests / forestry and timber / land resources