JPMorgan Chase & Co. lowered its position in shares of iShares MSCI EAFE Growth ETF ( BATS:EFG – Free Report ) by 3.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,930,547 shares of the company’s stock after selling 232,254 shares during the quarter. JPMorgan Chase & Co. owned 5.04% of iShares MSCI EAFE Growth ETF worth $638,423,000 as of its most recent filing with the SEC. Several other hedge funds also recently made changes to their positions in EFG. Envestnet Asset Management Inc. raised its holdings in iShares MSCI EAFE Growth ETF by 57.4% during the second quarter. Envestnet Asset Management Inc. now owns 26,597,234 shares of the company’s stock worth $2,720,897,000 after purchasing an additional 9,697,657 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares MSCI EAFE Growth ETF by 49.5% during the 2nd quarter. LPL Financial LLC now owns 6,599,521 shares of the company’s stock worth $675,131,000 after buying an additional 2,184,037 shares in the last quarter. Jane Street Group LLC raised its stake in shares of iShares MSCI EAFE Growth ETF by 18,989.0% during the 3rd quarter. Jane Street Group LLC now owns 835,333 shares of the company’s stock worth $89,924,000 after buying an additional 830,957 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares MSCI EAFE Growth ETF in the 2nd quarter valued at approximately $66,343,000. Finally, Cetera Investment Advisers boosted its stake in shares of iShares MSCI EAFE Growth ETF by 46.2% in the second quarter. Cetera Investment Advisers now owns 1,548,002 shares of the company’s stock valued at $158,361,000 after buying an additional 489,230 shares in the last quarter. iShares MSCI EAFE Growth ETF Stock Performance BATS:EFG opened at $98.07 on Friday. iShares MSCI EAFE Growth ETF has a 1 year low of $67.58 and a 1 year high of $85.81. The stock has a fifty day moving average price of $100.79 and a two-hundred day moving average price of $102.85. The stock has a market capitalization of $11.53 billion, a price-to-earnings ratio of 24.36 and a beta of 0.97. iShares MSCI EAFE Growth ETF Profile iShares MSCI EAFE Growth ETF (the Fund), formerly iShares MSCI EAFE Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE Growth Index (the Index). The Index is a subset of the MSCI EAFE Index and constituents of the Index include securities from Europe, Australasia (Australia and Asia), and the Far East. Read More Want to see what other hedge funds are holding EFG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI EAFE Growth ETF ( BATS:EFG – Free Report ). Receive News & Ratings for iShares MSCI EAFE Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI EAFE Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter .Is Affirm Holdings a Millionaire Maker?
London, Dec 16 (AP) Edinburgh Airport was shut down by an unspecified information technology issue Sunday afternoon, causing headaches for passengers at the start of the busy holiday travel season. All flights into and out of Scotland's busiest airport were grounded at 4:15 pm local time, with some incoming flights diverted to Glasgow Airport about 50 miles away. Also Read | Anura Kumara Dissanayake's on 3-Day India Visit: 'Had Productive Discussions With FM Sitharaman, EAM Jaishankar and NSA Ajit Doval', Says Sri Lankan President. Edinburgh airport said engineers were working to resolve the issue. “Passengers are asked to check the status of their flight with the airline they are flying with before travelling to the airport," the airport said in a statement. (AP) Also Read | Anura Kumara Dissanayake's India Trip: In First Foreign Visit After Assuming Office, Sri Lankan President Lands in Delhi, Will Hold Bilateral With PM Narendra Modi (Watch Video). (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)An airport in Orange County, New York, was forced to shut down on Friday night as mysterious drone activity blocked the airspace, New York Governor Kathy Hochul announced on Saturday, saying, "This has gone too far." Drones have been spotted in recent weeks across New Jersey and neighboring states, prompting concern among residents and lawmakers and launching investigations by the FBI and other law enforcement agencies. The FBI says that it has received over 3,000 tips related to the drone sightings, with most of the purported observations occurring at night. "Last night, the runways at Stewart Airfield were shut down for approximately one hour due to drone activity in the airspace," Hochul said in a statement on Saturday. New York Stewart International Airport is located in New Windsor, over an hour's drive north of Manhattan. Newsweek has reached out to Hochul's office via email for comment Saturday afternoon. The New York State Police (NYSP) said in a statement posted to X, formerly Twitter , on Friday that they have received "numerous reports of drone sightings over the past 24 hours." NYSP said they have "no evidence at this point that any of the reported sightings pose a public safety threat." Authorities said they are investigating each drone sighting report they receive and sharing information with their federal and local law enforcement partners. The FBI and Department of Homeland Security (DHS) said in a joint statement on Thursday that there was "no evidence at this time that the reported drone sightings pose a national security or public safety threat or have a foreign nexus." Hochul said in her Saturday statement that she directed the New York State Intelligence Center in mid-November "to actively investigate drone sightings and coordinate with federal law enforcement to address this issue, and those efforts are ongoing." The governor, then urged Congress to pass the Counter-UAS Authority Security, Safety, and Reauthorization Act, so that state police can continue to investigate the mysterious drone sightings. "This bill would reform legal authorities to counter-UAS (Unmanned Aircraft Systems) and strengthen the FAA's [Federal Aviation Administration] oversight of drones, and would extend counter-UAS activities to select state and local law enforcement agencies," she said. "Extending these powers to New York State and our peers is essential. Until those powers are granted to state and local officials, the Biden Administration must step in by directing additional federal law enforcement to New York and the surrounding region to ensure the safety of our critical infrastructure and our people." Meanwhile, New Jersey Governor Phil Murphy shared a letter on Friday he sent to President Joe Biden that requested more federal resources to investigate the mysterious drone sightings in his state's airspace. New Jersey State Police have been getting reports of UAS sightings over the Garden State since November 18, according to Murphy's letter. While New Jersey has been getting help from the DHS and the FBI, "it has become apparent that more resources are needed to fully understand what is behind this activity," Murphy wrote in the letter. Murphy also called on congressional lawmakers to reauthorize the federal government's counter-UAS authority in a separate letter dated Thursday and addressed to Democratic Senate Majority Leader Chuck Schumer , Republican Senate Minority Leader Mitch McConnell , Republican House Speaker Mike Johnson and Democrat House Minority Leader Hakeem Jeffries . "As New Jersy works alongside our federal partners to identify the sources of these UAS, the clock is ticking on the authorization language that enables us to do so," Murphy said. "State and local law enforcement entities lack the authority and capability to counter and mitigate UAS, which would significantly hamper our ability to understand what is happening, so it is of utmost importance that this language is reauthorized in a timely manner." Murphy also encouraged congressional leaders to "empower" state and local police with "the ability to use advanced detection and mitigation technology." Meanwhile, on Friday night, President-elect Donald Trump spoke out in favor of shooting down the mysterious drones if necessary, while suggesting that the Biden administration was withholding information about the sightings. "Mystery Drone sightings all over the Country," he wrote in a post on his Truth Social platform. "Can this really be happening without our government's knowledge. I don't think so! Let the public know, and now. Otherwise, shoot them down!!! DJT."Insurtech startups that wanted to change the way India buys insurance seem to have fallen back on the tried and tested model. The likes of Policybazaar had built a business around selling insurance virtually, instead of relying on agents to sell insurance policies through doorstep visits. But this same crop of players is now setting up an army of field agents, or point-of-sales personnel, to sell insurance products. Policybazaar has around 250,000 physical agents, and according to the results of its parent PB Fintech , the Gurugram-based insurance aggregator posted nearly Rs 400 crore of revenue from this business in the quarter ended September 30. InsuranceDekho , another major player in this segment has more than 200,000 agents on the ground. The business has grown too, with the company which is set to acquire smaller rival Renewbuy reporting total revenue of Rs 743 crore for the financial year 2024 with a net profit of Rs 85 crore. Mumbai-based Turtlemint claims to have around 400,000 physical agents. 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Data from the Insurance and Regulatory Development Authority of India ( IRDAI ) show that between financial years 2023 and 2022, intermediaries increased their agent count by 300,000 to more than a million. Insurance companies had 700,000 agents in the same time frame. The regulator has yet to release the figures for FY24. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Intermediaries say working with them allows agents to provide more options to their customers. “The agent wants the choice or options from multiple insurance companies to offer to their clients and we as a broking platform have aggregated insurers and their products. We have also built technology which has made it easier for our agents to manage these policies and to service their clients,” said Turtlemint cofounder Anand Prabhudesai. ETtech The challenging part While the insurtech industry has been growing at a fast speed, there are challenges of sustainability around this growth rate. Industry insiders pointed out that the physical distribution business is primarily a volume-led business with margins being squeezed due to aggressive competition. PB Fintech group chief executive officer Yashish Dahiya, while addressing the company’s September quarter analyst call, spoke about business sustainability. “A confident market leader who's a marathon runner has to be countercyclical. He does not start sprinting just because some kids are sprinting for 5 kms; he waits (for) them to tire out. When they tire out, he tells them that you're tired, and I'm going fast now,” he said. For a business which is generating almost 40% of the revenue for a group like PB Fintech, why is the insurance veteran taking a contrarian stance — that he doesn’t want to grow very fast by burning cash. “Growth of agents in this sector is being achieved through offers of lucrative commissions mostly; add to that a technology stack which can help them manage sales and on-time pay-outs of commissions,” said an insurtech founder on the condition of anonymity. While competition among well-funded players means higher pay-outs to business partners and perhaps better deals for the consumers, there are questions about whether it is helping insurance penetration in the country or are brokers eating into the agent network of insurers with promises of lofty pay-outs? Industry insiders pointed out that the average commission paid to the field agent has gone up significantly and it could eventually hurt insurance companies. Motor commissions which should have been around 15% have shot up to around 30% and life and health commissions can go as high as 45%, they said. Also, insurance brokers are paying higher commissions to the agent by dipping into their own share of the revenue in some cases, which raises questions of sustainability in the long run, the insurtech founder cited earlier said. "The strategy for us is to go deep into the country where you can make more money per insurance sale, beyond tier one two cities, we are getting around 80% of our business from tier two cities and beyond and around 60% from tier three and beyond," said Ankit Agrawal, chief executive officer, InsuranceDekho. Regulatory scrutiny The question around brokers’ commissions and the aggression in this agent-driven market did attract regulatory attention. This question was raised last year in the Regulations Review Committee of the IRDAI, which suggested that agents be allowed to work only with insurers and intermediaries be allowed to sell insurance only through their on-roll employees. The Insurance Brokers Association had defended the role played by brokers in taking insurance to the masses. According to it, by offering choices from multiple insurance companies, they were actually helping customers get better products with a higher degree of clarity on the products. The committee’s proposal, though debated last year, seems to have been put on the backburner as of now. So the question that remains is the financial viability of these businesses. “We have stayed away from higher pay-outs to agents, we want them to work with us for our technology stack and timely pay-outs, we want to be seen as a reliable partner,” Prabhudesai of Turtlemint commented. Even PB Fintech’s Dahiya at the September analyst call pointed out that this business would never make a lot of money for his company in terms of margin percentage, but at scale it would have a significant contribution to the overall business. The wild card in all of this is Bima Sugam , the IRDAI’s attempt to create a digital public infrastructure which can connect all insurance companies through a common technology platform. If turned into a reality and at scale, it could play a significant role in stabilising prices and competition in the insurance distribution market. “As of now we are yet to see any significant achievement on that front. While insurance companies will love to have a regulator-managed online platform, the amount of capital required and the efforts needed will be huge and it will be a test for the sector to come together to build it,” said one of the founders. The Business Standard newspaper wrote on November 24 that the capital requirement for this platform has shot up to Rs 500 crore, significantly higher than previously anticipated. So whether it is an IRDAI order to restrict brokers from appointing agents, or an industry initiative to democratise technology or high burn which results in ultimate slowdown in growth, the fast growing insurance distribution industry needs to grapple with many challenges. In the meantime, every player is looking to build its own business moats, either through a war chest of venture dollars or through a network of possibly loyal agents.
VERMILLION, S.D. (AP) — Chase Forte scored 21 points as South Dakota beat Western Illinois 89-66 on Saturday. Forte added six rebounds and five assists for the Coyotes (9-4). Cameron Fens added 17 points while going 5 of 8 and 7 of 9 from the free-throw line while grabbing six rebounds. Isaac Bruns had 13 points and shot 4 for 10 (1 for 3 from 3-point range) and 4 of 5 from the free-throw line. Marko Maletic led the Leathernecks (6-5) in scoring, finishing with 24 points. Julius Rollins added 13 points for Western Illinois. Sean Smith had 11 points. South Dakota's next game is Thursday against Utah Tech on the road. Western Illinois hosts Tennessee Tech on Tuesday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .US agencies should use advanced technology to identify mysterious drones, Schumer saysEuropean Industrial Air Compressor Market Size 2024: Global Share, Industry And Report Analysis By 2031 | Airman Asia Sdn Bhd (Hokuetsu Industries Co., Ltd.) Atlas Copco AB BAUER COMPRESSORS INC. 12-28-2024 11:12 AM CET | Business, Economy, Finances, Banking & Insurance Press release from: orion market research European Industrial Air Compressor Market European industrial air compressor market is estimated to grow modestly, at a CAGR of around 3.8%, during the forecast period. European Industrial Air Compressor Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of what purchasers are looking for in the market and which factors can influence their purchasing decision greatly helps to make investment in the right product development and launch it accordingly. It is also crucial for major participants to understand the behavior of target customers to bring novel products into the market. This European Industrial Air Compressor Market report serves as a blueprint to get thorough study of market competition, target audience and entire market. Get Free Sample link @ https://www.omrglobal.com/request-sample/european-industrial-air-compressor-market European Commission launched 'The Industry 2030 High-Level Industrial Roundtable' initiative in December 2017 to provide independent advice on future EU industrial policy action. The key focus of this initiative is on connected technologies, clean and autonomous vehicles, hydrogen technologies and systems, smart health technologies, industrial internet of things, low-CO2 emission industry, and cybersecurity. Under this initiative, the European government is deploying low-carbon energy technology in different industries such as oil and gas, automobile, electronics, and manufacturing. Owing to this, the demand for energy-efficient compressors is growing in the region, which in turn, is creating growth for the industrial air compressor market in Europe. A full report of European Industrial Air Compressor Market available @ https://www.omrglobal.com/industry-reports/european-industrial-air-compressor-market •Market Coverage •Market number available for - 2024-2031 •Base year- 2024 •Forecast period- 2024-2031 •Segment Covered- By Source, By Product Type, By Applications •Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others Market Segmentation European Industrial Air Compressor Market by Type oPortable oStationary European Industrial Air Compressor Market by Technology oDynamic Displacement Compressors oAxial Flow Air Compressors oCentrifugal Compressors oPositive Displacement Compressors oRotary Air Compressors oReciprocating Compressors European Industrial Air Compressor Market by End-Users oFood & Beverages oOil & Gas oEnergy and Power oManufacturing oAutomotive oOthers (Construction and Mining) Regional Analysis oUK oGermany oSpain oFrance oItaly oRest of Europe Company Profiles oAtlas Copco AB oBOGE Anlagenbau GmbH & Co. KG oGeneral Electric Co. oHitachi, Ltd. oHowden Group, Ltd. oIngersoll-Rand PLC oKobe Steel, Ltd. oMan Energy Solution SE oQuincy Compressor, LLC oSenco Brands, Inc. oSiemens AG oStanley Black & Decker, Inc. oSulzer, Ltd. The Report Covers •Comprehensive research methodology of the European industrial air compressor market. •This report also includes a detailed and extensive market overview with key analyst insights. •An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations. •Analysis of regional regulations and other government policies impacting the European industrial air compressor market. •Insights about market determinants which are stimulating the European industrial air compressor market. •Detailed and extensive market segments with regional distribution of forecasted revenues. •Extensive profiles and recent developments of market players. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/european-industrial-air-compressor-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404 This release was published on openPR.
STRICTLY star Nadiya Bychkova celebrated her 'belated birthday' - with past dance partner Dan Walker secretly in attendance. The Ukrainian pro dancer, 35, and broadcaster Dan, 47, teamed up on the BBC show in 2021. Although Nadiya celebrated her actual birthday in August, she has just marked the occasion in style. Joined by pal Jemma Bolt, she indulged in caviar tasting at The Ritz in London . Taking to Instagram, the owner of the caviar tasting business revealed how Channel 5 star Dan had been in attendance. Neither of the former Strictly co-stars have shared anything on social media about their reunion. In fact, Nadiya's post about her "belated birthday" instead focused on her joint celebration as a whole. She penned, in part: "The most magical evening. "Celebrating our belated birthdays with my dear @jemmabolt, celebrating friendship, celebrating life. "Last night couldn't be more perfect. It was like a fairytale." The pro dancer continued: "The most iconic place @theritzlondon. With the most incredible people." During their stint, Dan and Nadiya reached the Strictly quarter finals before ultimately being eliminated . Following his exit, the newsreader said at the time: "I'm not a dancer, but she showed me that I can dance. "And that for me, this has been an absolutely incredible experience." He added: "There are some people that walk into your life and turn some lights on and that's what she has done to me. "You're an amazing person, and if you'll have me, I'll be your friend for life Nadiya Bychkova , OK?" North West Tonight - Dan began working at this regional news programme for the BBC in 2004. One year later he was nominated for the Nations and Regions Sports Presenter or Commentator prize at the Royal Television Society Sports Awards. Football Focus - He took over as the presenter of the BBC show in 2009. He headed up the show for the next 12 years before Alex Scott took over in 2021. BBC Breakfast - Dan Walker started hosting the popular morning news show in 2016. Strictly Come Dancing - He took to the ballroom floor alongside professional dancer Nadiya Bychkova in 2021. Dan made it to the final five, but was eliminated before he could claim a spot in the semi-finals. Channel 5 - The presenter made the switch from the Beeb to Channel 5 in 2022, where he continued to cover UK news. The Weakest Link - He participated in an episode of the quiz show in 2022 alongside other former Strictly stars. Dan won the special and managed to bank £10,000 for charity. Classic FM - Dan started hosting the weekday breakfast show on the radio programme in 2024, and within months racked up over 2 million listeners. Nadiya's latest Strictly partner was triple Olympic Gold medallist Tom Dean . Unfortunately, their time dancing together on the BBC show was swiftly cut short. In week two, they became the first couple to exit the competition. Strictly continues on BBC One and iPlayer.