FORT COLLINS, Colo., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today reported financial results for its fiscal year 2024 and fourth quarter ending September 30, 2024. All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated. All references to years are references to the Company’s fiscal year unless otherwise stated. "We delivered record sales in fiscal 2024 with Woodward revenue exceeding $3 billion for the first time. Robust end market demand along with contributions from operational excellence fueled significant sales growth and earnings expansion,” said Chip Blankenship, Chairman and Chief Executive Officer. “In Aerospace, both commercial and defense OEM sales increased due to capacity improvements to meet customer demand, and commercial and defense aftermarket sales increased due to continued high aircraft utilization. Our Industrial business benefitted from increased sales in power generation and transportation. Our performance over the last year reflects the hard work and dedication of Woodward members to deliver on our value proposition and fulfill our purpose. We enter fiscal 2025 with strong momentum. In Aerospace, we anticipate increasing revenue and margin expansion driven by continued strength in commercial markets and increased defense activity. In Industrial, we expect broad-based market strength in power generation and marine transportation, offset by a significant decline in sales related to China on-highway natural gas trucks. We remain focused on growth, operational excellence and innovation to drive shareholder value.” Fiscal 2024 Key Highlights The increase in segment earnings in the fourth quarter was primarily a result of price realization and higher volume, partially offset by inflation. The increase in segment earnings for the year was a result of price realization and higher volume, partially offset by inflation. The decrease in segment earnings in the fourth quarter was primarily a result of lower volume and unfavorable mix, partially offset by price realization. The increase in segment earnings for the year was a result of price realization and higher volume, partially offset by unfavorable mix. Woodward’s fiscal 2025 guidance includes a continued strong demand environment and improving operational performance throughout the year. The Aerospace segment guidance includes increasing revenue and margin expansion driven by continued strength in commercial markets and increased defense activity. The Industrial segment guidance includes broad-based market strength in power generation and marine transportation, offset by a significant decline in sales related to China on-highway natural gas trucks. Our fiscal year 2025 guidance includes $40 million in sales related to China on-highway natural gas trucks, which would be a year-over-year decline of approximately $175 million. Woodward will hold an investor conference call at 5:00 p.m. EST, November 25, 2024, to provide an overview of the financial performance for its fiscal year 2024 and fourth quarter ending September 30, 2024, business highlights, and outlook for fiscal 2025. You are invited to listen to the live webcast of our conference call, or a recording, and view or download accompanying presentation slides at our website, www.woodward.com 2. You may also listen to the call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Participants should call prior to the start time to allow for registration; the Conference ID is 4675940. The call and presentation will be available on the website by selecting “Investors/Events & Presentations” from the menu and will remain accessible on the company’s website for one year. About Woodward, Inc. Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com . Cautionary Statement Information in this press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including, but not limited to, anticipated continued strong demand, continued improvements in our operational performance, the results of our ongoing focus on growth, operational excellence and innovation, including whether such focus ultimately leads to long-term term success and enhanced shareholder value, and statements regarding our business and guidance for fiscal year 2025, including our guidance for sales, segment sales as compared to the prior fiscal year, earnings per share, segment earnings margin, effective tax rate, free cash flow, capital expenditures, and diluted weighted average shares outstanding, as well as our assumptions regarding our guidance, anticipated trends in our business and markets, including increased revenue and margin expansion in our Aerospace segment, strength in commercial aerospace markets, defense activity in our Aerospace segment, broad-based market strength in power generation and marine transportation in our Industrial segment, anticipated weakness in the China on-highway natural gas truck market, including our assumptions regarding sales and demand in fiscal 2025. Factors that could cause actual results and the timing of certain events to differ materially from the forward-looking statements include, but are not limited to: (1) global economic uncertainty and instability, including in the financial markets that affect Woodward, its customers, and its supply chain; (2) risks related to constraints and disruptions in the global supply chain and labor markets; (3) Woodward’s long sales cycle; (4) risks related to Woodward’s concentration of revenue among a relatively small number of customers; (5) Woodward’s ability to implement and realize the intended effects of any restructuring efforts; (6) Woodward’s ability to successfully manage competitive factors including expenses and fluctuations in sales; (7) changes and consolidations in the aerospace market; (8) Woodward’s financial obligations including debt obligations and tax expenses and exposures; (9) risks related to Woodward’s U.S. government contracting activities including potential changes in government spending patterns; (10) Woodward’s ability to protect its intellectual property rights and avoid infringing the intellectual property rights of others; (11) changes in the estimates of fair value of reporting units or of long-lived assets; (12) environmental risks; (13) Woodward’s continued access to a stable workforce and favorable labor relations with its employees; (14) Woodward’s ability to manage various regulatory and legal matters; (15) risks from operating internationally; (16) cybersecurity and other technological risks; and other risk factors and risks described in Woodward's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended September 30, 2023, any subsequently filed Quarterly Report on Form 10-Q, as well as its Annual Report on Form 10-K for the year ended September 30, 2024, which we expect to file shortly, and other risks described in Woodward’s filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date hereof and Woodward assumes no obligation to update such statements, except as required by applicable law. 1Adjusted and Non-U.S. GAAP Financial Measures: Adjusted net earnings, adjusted earnings per share, adjusted EBIT, adjusted EBITDA, adjusted effective tax rate, and adjusted nonsegment expenses exclude, as applicable, (i) a non-recurring gain related to a previous acquisition, (ii) costs related to business development activities, (iii) non-recurring charge related to a previous acquisition, (iv) certain non-restructuring separation costs, (v) a specific charge for excess and obsolete inventory, (vi) product rationalization, (vii) a non-recurring charge related to customer collections, and (viii) restructuring charges. The product rationalization adjustment pertains to a non-recurring write-off of inventory and assets related to the elimination of certain product lines. The specific charge for excess and obsolete inventory pertains to a non-recurring process change that resulted in the identification and write down of certain excess inventory unrelated to product rationalization. The non-recurring charge related to customer collections pertains to a discrete process issue that was identified and corrected. The Company believes that these excluded items are short‐term in nature, not directly related to the ongoing operations of the business, and therefore, the exclusion of them illustrates more clearly how the underlying business of Woodward is performing. Adjusted free cash flow is free cash flow (defined below) minus cash received for a non-recurring matter related to a previous acquisition, plus cash paid for (i) business development activities, (ii) a non-recurring matter unrelated to the ongoing operations of the business, (iii) certain non-restructuring separation costs and (iv) restructuring charges. Management believes these adjustments to free cash flow better portray Woodward’s operating performance. EBIT (earnings before interest and taxes), EBITDA (earnings before interest, taxes, depreciation and amortization), free cash flow, adjusted free cash flow, adjusted net earnings, adjusted earnings per share, adjusted EBIT, adjusted EBITDA, adjusted effective tax rate, and adjusted nonsegment expenses are financial measures not prepared and presented in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). Management uses EBIT and adjusted EBIT to evaluate Woodward’s operating performance without the impacts of financing and tax related considerations. Management uses EBITDA and adjusted EBITDA in evaluating Woodward’s operating performance, making business decisions, including developing budgets, managing expenditures, forecasting future periods, and evaluating capital structure impacts of various strategic scenarios. Management also uses free cash flow, which is derived from net cash provided by or used in operating activities less payments for property, plant, and equipment, as well as adjusted free cash flow (as described above), in reviewing the financial performance of Woodward’s various business segments and evaluating cash generation levels. Securities analysts, investors, and others frequently use EBIT, EBITDA and free cash flow in their evaluation of companies, particularly those with significant property, plant, and equipment, and intangible assets that are subject to amortization. The use of any of these non-U.S. GAAP financial measures is not intended to be considered in isolation of, or as a substitute for, the financial information prepared and presented in accordance with U.S. GAAP. Because adjusted net earnings, adjusted earnings per share, EBIT, EBITDA, adjusted EBIT, and adjusted EBITDA exclude certain financial information compared with net earnings, the most comparable U.S. GAAP financial measure, users of this financial information should consider the information that is excluded. Free cash flow and adjusted free cash flow do not necessarily represent funds available for discretionary use and is not necessarily a measure of our ability to fund our cash needs. Woodward’s calculations of EBIT, EBITDA, adjusted net earnings, adjusted earnings per share, adjusted EBIT, adjusted EBITDA, adjusted effective tax rate, adjusted nonsegment expenses, free cash flow, and adjusted free cash flow may differ from similarly titled measures used by other companies, limiting their usefulness as comparative measures. 2Website, Facebook, X: Woodward has used, and intends to continue to use, its Investor Relations website, LinkedIn page, Facebook page, and X handle as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.What's going on with DroneShield shares today?By ERIC TUCKER WASHINGTON (AP) — A ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans, a top White House official said Friday. Biden administration officials said this month that at least eight telecommunications companies , as well as dozens of nations, had been affected by the Chinese hacking blitz known as Salt Typhoon. But Anne Neuberger, the deputy national security adviser for cyber and emerging technologies, told reporters Friday that a ninth victim had been identified after the administration released guidance to companies about how to hunt for Chinese culprits in their networks. The update from Neuberger is the latest development in a massive hacking operation that has alarmed national security officials, exposed cybersecurity vulnerabilities in the private sector and laid bare China’s hacking sophistication. The hackers compromised the networks of telecommunications companies to obtain customer call records and gain access to the private communications of “a limited number of individuals.” Though the FBI has not publicly identified any of the victims, officials believe senior U.S. government officials and prominent political figures are among those whose whose communications were accessed. Related Articles National News | Court rules Georgia lawmakers can subpoena Fani Willis for information related to her Trump case National News | US homelessness up 18% as affordable housing remains out of reach for many people National News | Most Americans blame insurance profits and denials alongside the killer in UHC CEO death, poll finds National News | Another jackpot surpasses $1 billion. Is this the new normal? National News | Man indicted in burning death of woman inside a New York City subway train, prosecutors say Neuberger said officials did not yet have a precise sense how many Americans overall were affected by Salt Typhoon, in part because the Chinese were careful about their techniques, but a “large number” were in the Washington-Virginia area. Officials believe the goal of the hackers was to identify who owned the phones and, if they were “government targets of interest,” spy on their texts and phone calls, she said. The FBI said most of the people targeted by the hackers are “primarily involved in government or political activity.” Neuberger said the episode highlighted the need for required cybersecurity practices in the telecommunications industry, something the Federal Communications Commission is to take up at a meeting next month. “We know that voluntary cyber security practices are inadequate to protect against China, Russia and Iran hacking of our critical infrastructure,” she said. The Chinese government has denied responsibility for the hacking.
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SpeedingTicketKC.com: Kansas City's Trusted Traffic Lawyer with a Personal Touch 12-16-2024 11:06 PM CET | Politics, Law & Society Press release from: ABNewswire Kansas City, Missouri - SpeedingTicketKC.com [ http://speedingticketkc.com/ ], a modern traffic law firm, is revolutionizing the way traffic matters are handled in the Kansas City metro area and beyond. Combining advanced digital processes with an old-fashioned personal touch, the firm provides clients with a seamless, accessible, and efficient way to manage their traffic issues, all while ensuring they receive direct attention from an experienced, local attorney. Led by Traffic Attorney R. Christopher Simons, SpeedingTicketKC.com is designed to make handling traffic tickets easier and more convenient than ever. In today's fast-paced digital age, the firm's innovative online system allows clients to resolve basic traffic matters without having to leave the comfort of their home. From speeding tickets to other traffic violations, SpeedingTicketKC.com makes it possible to take care of legal matters quickly and efficiently. "We understand that dealing with a traffic ticket can be stressful and time-consuming. That's why we've embraced technology to streamline the process, while still offering the personalized service that sets us apart from the rest," said R. Christopher Simons, founder and lead attorney of SpeedingTicketKC.com. "We're here to make sure our clients can take care of their legal matters without hassle, but also ensure they have direct access to me throughout the process. I'm personally available to answer any questions and provide guidance every step of the way." One of the key features of SpeedingTicketKC.com is the direct communication clients have with their attorney. Attorney Simons offers his personal email and cell phone number to every client, ensuring they can always reach him with questions or concerns about their case. With this level of accessibility, clients can feel confident that their case is being handled by someone who genuinely cares about their well-being. SpeedingTicketKC.com handles traffic tickets in various locations throughout the Kansas City metro area and beyond, serving clients in need of representation for a variety of traffic-related matters. Whether it's a speeding ticket, failure to stop, or other common violations, SpeedingTicketKC.com provides the expertise and attention necessary to achieve the best possible outcome. Key Services Provided by SpeedingTicketKC.com: * Speeding Tickets * Red Light Violations * Stop Sign Violations * Reckless Driving * CDL Driver Ticket Defense * License Suspensions * And more... Why Choose SpeedingTicketKC.com? * Convenience: Handle your traffic matter online without leaving home. * Direct Access: Get personal support from attorney Chris Simons, who offers his direct contact information for easy communication. * Local Expertise: R. Christopher Simons is a Kansas City local, with in-depth knowledge of the area's traffic laws and court systems. * Results-Oriented: SpeedingTicketKC.com is dedicated to helping clients achieve the best possible outcomes for their traffic cases. For more information, or to schedule a consultation, visit SpeedingTicketKC.com [ https://speedingticketkc.com/ ] or contact R. Christopher Simons directly at info@speedingticketkc.com About SpeedingTicketKC.com SpeedingTicketKC.com is a Kansas City-based traffic law firm offering expert legal services to individuals facing traffic violations. With a unique blend of technology and personalized service, the firm is committed to providing clients with efficient, cost-effective, and straightforward solutions to their traffic matters. Led by Traffic Attorney R. Christopher Simons, SpeedingTicketKC.com serves clients throughout the Kansas City metro area and beyond. Media Contact Company Name: Speeding Ticket KC Traffic Law Firm Contact Person: R. Christopher Simons Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=speedingticketkccom-kansas-citys-trusted-traffic-lawyer-with-a-personal-touch ] Phone: +18163988772 City: Kansas City State: Missouri Country: United States Website: https://speedingticketkc.com/ This release was published on openPR.I'm A Celebrity... Get Me Out Of Here! fans didn't even wait for tonight's show to begin before they started complaining about it. The ITV series returned to our screens on Monday night with viewers eagerly waiting to witness more chaos and drama. But moments before the show even started, fans took to X, formerly known as Twitter , to share their annoyance at Dean McCullough constantly being voted to complete Bushtucker Trials. He was recently voted to take part in the trials for the sixth time, resulting in fans and even hosts Ant and Dec asking viewers to vote for a different person. "Time to watch Dean do another challenge. How boring the British public is," one user fumed on social media. Another added: "Looking forward to seeing if Dean p****s me off tonight," while one user posted: "The Dean show is starting now" along with an eye roll emoji. On Monday night, Ant even made a sarcastic comment about Dean getting to take part in a trial again. A user picked up on it and wrote: "Lol the Dean sarcasm from Ant and Dec already." Even Dean seemed fed up about taking part in another trial. The latest one involved him climbing a giant beanstalk to collect stars. He told the camera: "Surely its someone elses turn. I've surely and slowly been getting better. Give someone else a turn." Campmate GK Barry (Grace) added that others were itching for a chance to attempt a trial. Host Ant has previously begged viewers to stop voting for Dean to give other celebrities a chance to take part in the show. During Sunday night's spin-off show, Ant told viewers at home: "Well, right. Let’s all have a serious talk. I’m going to look directly into the camera here. I think it’s good to see other faces down there. This is not a personal thing. It’s not about Dean. It’s about us, just seeing different people down there. "I think we want to see different people on the show doing [trials]. Some people are, unfortunately, aren't getting... I'd like to see Barry do a trial. I'd like to see Melvin down there. Or Oti." Last year's King of the Jungle, Sam Thompson suggested fans should vote for their own favourites to take part. I'm A Celebrity presenter Declan Donnelly added: "We need to mobilise armies of McFly fans, Corrie fans (to vote)." Follow Mirror Celebs on TikTok , Snapchat , Instagram , Twitter , Facebook , YouTube and Threads .
Adele says it is time to ‘move on’ after completing her Las Vegas residencyNoneNone
Lucknow, Nov 23 (PTI) Samajwadi Party president Akhilesh on Saturday congratulated winning candidates of the INDIA bloc after results of assembly elections in Maharashtra and Jharkhand, and bypolls in several states were declared. He congratulated SP candidates who won their seats in the assembly polls in Maharashtra and Congress leader Priyanka Gandhi Vadra for emerging victorious in the Wayanad parliamentary by-elections. Yadav's SP is part of the larger Indian National Developmental Inclusive Alliance (INDIA), formed by multiple parties to take on the BJP-led National Democratic Alliance (NDA). "Heartfelt gratitude and thanks to all the voters, supporters, workers and leaders for making both the Samajwadi Party candidates win as the joint candidates of INDIA alliance in the Maharashtra Assembly elections," he said. "Hearty congratulations to Mr. Abu Asim Azmi from Mankhurd Shivaji Nagar assembly seat and Mr Raees Kasan Sheikh from Bhiwandi East assembly seat for their victory," the former UP CM posted on X. He lauded the INDIA bloc for victory in Jharkhand, where he said "public opinion has defeated deceit and force". "Congratulations to all the allies for the spectacular victory of INDIA alliance in Jharkhand and best wishes for the upcoming campaign of public service. In Jharkhand, public opinion has defeated deceit and force," Yadav posted on X in Hindi. Yadav, whose SP was backed by the Congress in Uttar Pradesh, also congratulated Priyanka Gandhi Vadra for clinching a landslide win in Lok Sabha bypoll from Wayanad, Kerala. "Congratulations to Smt. Priyanka Gandhi Vadra on her historic victory in the Wayanad Lok Sabha by-election and best wishes for paving the way for positive people-oriented politics," he wrote. Earlier, Yadav termed the Uttar Pradesh bypolls the "most distorted form of electoral politics". The SP won just two out of seven seats in the bypolls. In a post on X in Hindi, Akhilesh Yadav said, "The tactics of those who have made 'election' synonymous with 'corruption' have been captured in photographs and exposed before the world," he said. (This story has not been edited by THE WEEK and is auto-generated from PTI)New York Jets interim coach Jeff Ulbrich said Aaron Rodgers “absolutely” will remain the team's starting quarterback and start Sunday against the Seattle Seahawks. Rodgers, who turns 41 next Monday, has been hampered at times during the Jets' 3-8 start by various injuries to his left leg, including a sore knee, sprained ankle and balky hamstring. Ulbrich said Monday the quarterback came back from the team's bye-week break ready to go. “All I can say, and you'd have to ask Aaron if he's fully healthy, but he's better off today than he's been as of late,” Ulbrich said. "So he's definitely feeling healthier than he has probably for the past month. A healthy Aaron Rodgers is the Aaron Rodgers we all love. “So, I'm excited about what that looks like.” NFL Network reported on Sunday that Rodgers, who missed all but four snaps last season with a torn left Achilles tendon , has declined having medical scans on his injured leg so he can continue to play. “I have not been informed of that, either way,” Ulbrich said. Rodgers suffered what NFL Network reported was a “significant” hamstring injury against Denver in Week 4. He then sprained his left ankle against Minnesota in London a week later. The four-time MVP has not been able to consistently move around during games as he has in the past, when extending plays and making things happen on the run became such a big part of his game. Rodgers said leading into New York's 28-27 loss to Indianapolis last Sunday that it was the healthiest he felt in a while. But he struggled against the Colts, finishing 22 of 29 for 184 yards after a brutally slow start during which he went 9 of 13 for just 76 yards. The Athletic reported last week that owner Woody Johnson broached the idea during a meeting with the coaching staff of having the banged-up Rodgers sit after the Jets' loss to Denver in Week 4. With Rodgers' struggles and perhaps compromised health the past few games, a hot debate on social media and sports talk shows during the past week has been whether the quarterback should take a seat in favor of Tyrod Taylor. But when asked if there has been any talk of shutting down Rodgers, Ulbrich replied flatly: “There has not.” In a follow-up question, the interim coach was asked if Rodgers will, in fact, be the Jets' starting quarterback at home Sunday against the Seahawks. “Absolutely,” Ulbrich said. He added that he didn't feel the need to sit down with Rodgers and address all the reports and chatter outside the facility. “No, I feel like we are on the same page,” the coach said. Last week, Ulbrich said he and his staff would take “a deep dive” into what the team could do better after losing seven of its past eight and being on the verge of missing the postseason for the 14th consecutive year. Ulbrich opted not to make any changes to the coaching responsibilities of his staff and he will continue to run the defense as the coordinator. He also said there would not be any personnel changes coming out of the bye, barring injuries. “But definitely, we created a really clear vision of where we need to improve and found some things,” Ulbrich said. “Obviously, you find the things that you’re not doing well, you need to improve upon them, but then also found some some things that I think we can really build upon. So I was excited in both ways.” Johnson fired general manager Joe Douglas last Tuesday, six weeks after he also dismissed coach Robert Saleh. On Monday, the team announced it would be assisted by The 33rd Team , a football media, analytics and consulting group founded by former Jets GM Mike Tannenbaum, in its searches for a general manager and coach. Ulbrich insisted that isn't creating an awkward situation for him, in particular, as he and his staff focus on the present while the organization begins planning for the future. “In all honesty, it’s not at all,” Ulbrich said. “My singular focus is just finishing the season off the right way, playing a brand of football we’re all proud of, myself included. And that starts with Seattle.” LB C.J. Mosley said he's “progressing” in his return from a herniated disk in his neck, but is still uncertain about his availability for Sunday. Mosley said Monday was the first time he put on a helmet since the injury occurred during pregame warmups against New England on Oct. 27. ... Ulbrich said the team is still evaluating LT Tyron Smith, who missed the game against Indianapolis with a neck ailment. AP NFL: https://apnews.com/hub/nfl
Share this Story : Ottawa police injure man with 'anti-riot' weapon, SIU investigating Copy Link Email X Reddit Pinterest LinkedIn Tumblr Breadcrumb Trail Links News Local News Ottawa police injure man with 'anti-riot' weapon, SIU investigating Author of the article: Norman Provencher Published Dec 27, 2024 • Last updated 6 minutes ago • 1 minute read Join the conversation You can save this article by registering for free here . Or sign-in if you have an account. A file photo of an ARWEN "anti-riot" weapon. Photo by Tony Caldwell / POSTMEDIA Article content The province’s Special Investigations Unit has opened an investigation after an Ottawa Police Service officer fired an anti-riot weapon at a 43-year-old man in Nepean on Christmas Eve. The victim was struck but was not seriously injured, the SIU said in a release Dec. 27. The agency said “preliminary” information indicates that police were called to a residence on Cornell Street at 10:35 a.m. on Christmas Eve for a “man in distress.” Advertisement 2 Story continues below This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office. Unlimited online access to Ottawa Citizen and 15 news sites with one account. Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office. Unlimited online access to Ottawa Citizen and 15 news sites with one account. Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Sign In or Create an Account Email Address Continue or View more offers If you are a Home delivery print subscriber, online access is included in your subscription. Activate your Online Access Now Article content Cornell is a short street near Baseline and Greenbank roads. “Officers attempted to negotiate with the man,” the release states. “An officer discharged an ARWEN and the projectile struck the man.” The man was taken to hospital where he was cleared of any serious injury but was admitted under the Mental Health Act. The SIU’s mandate was invoked because the officer discharged an “ARWEN,” which is classified as a firearm. Under the SIU Act, a firearm is defined as a barreled weapon that is capable of causing serious bodily injury or death. The ARWEN is an acronym for “Anti Riot Weapon Enfield.” It has a large rotary magazine barrel that can carry up to five different projectiles. The SIU said two investigators and one forensic investigator have been assigned to the case. Anyone who may have information about the investigation, including video or photos, is asked to contact the lead investigator at 1-800-787-8529 or online at: https://siu.on.ca/en/appeals.php Our website is your destination for up-to-the-minute news, so make sure to bookmark our homepage and sign up for our newsletters so we can keep you informed. Recommended from Editorial Ottawa police investigate Christmas Day homicide in Hintonburg Do Ottawa police need officers on horseback? Article content Share this article in your social network Share this Story : Ottawa police injure man with 'anti-riot' weapon, SIU investigating Copy Link Email X Reddit Pinterest LinkedIn Tumblr Comments You must be logged in to join the discussion or read more comments. Create an Account Sign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Trending Bumpy ride forecast for Ottawa weather until New Year's Day News New Ottawa restaurants in 2025 from three top chefs will offset a year rife with closures Life The Arena at TD Place, as it stands, is hosting its last big event - and that's good news for Ottawa Sports Today's letters: Chrystia Freeland no hero; Trudeau no feminist Opinion Khairallah: OC Transpo shouldn't be just for people without cars Opinion Read Next Latest National Stories Featured Local SavingsThe British singer-songwriter, 36, launched Weekends With Adele, located at The Colosseum theatre in Caesars Palace in November 2022. In July, she announced she would be taking a “big break” from music after her run of of sell-out shows at the venue, which seats around 4,000 people. In a social media post on Monday, she said: “Well what an adventure! Las Vegas you’ve been so good to me. “This residency went on to mirror what 30 was about, lost and broken to healed and thriving! “Seems so fitting in the end. The only thing left to do in this case is move on.” The Easy On Me star made a return to the spotlight in 2021 when she released her fourth album, 30. Adele said: “These 100 shows have been so easy to love. “They were all completely different because I got to really be with every single person in the room every night. “I’ve loved every single second of it and I am so proud of it! I will miss it terribly, and I will miss you all terribly too. Thank you! Thank you! Thank you! See you next time.” Videos posted online from her concert on Saturday show the singer getting tearful as she bid farewell to Vegas. “It’s been wonderful and I will miss it terribly and I will miss you terribly,” she said. “I don’t know when I next want to perform again.” The singer, full name Adele Adkins, shared an emotional embrace with Celine Dion after she spotted the music artist in the audience during her Las Vegas show last month. In August, Adele played shows in a purpose-built outdoor arena in Munich, with capacity for 80,000 people per night, and told fans on the last night that they would not be seeing her for a “long time”.
A recent wedding in Surat has captured the internet’s attention, not just for its lavishness but for the Bollywood-style performances that made it feel more like an awards night than a traditional celebration. The wedding of Khushi Vastarpara and Smit Babariya on November 17, 2024, featured a star-studded lineup, with Bollywood celebrities like Ranveer Singh, Malaika Arora, Nora Fatehi, and Dia Mirza performing at the grand event. Hosted by the family of Surat-based builder Jayantibhai Babariya of J Eklera Realty, the wedding was a visual feast, complete with a grand Baahubali-themed set, water fountains, and a stage worthy of a high-profile award function. Guests were treated to glimpses of the performances through the couple's official Instagram page and videos shared by attendees, which quickly went viral. Ranveer Singh, known for his electrifying stage presence, was at the heart of the entertainment, not only performing his iconic dance moves but also getting family members to join him on stage. His energy brought an added level of excitement to the event, turning it into a lively celebration. Malaika Arora, Nora Fatehi, and Dia Mirza also wowed the audience with their performances, showcasing their signature Bollywood moves. View this post on Instagram The extravagant nature of the event led many social media users to draw comparisons with Bollywood award functions, with one comment cheekily calling it an “average Bollywood award function.” Others humorously remarked about the star-studded performances, saying, "Surat ke businessmen ki shadi hai, 2 Gujarati made whole Bollywood dance one from Surat and one from Jamnagar." Another comment suggested the grandeur of the set was enough for an IIFA awards event next year.Baramati, Nov 23 (PTI) Maharashtra deputy Chief Minister and NCP president Ajit Pawar on Saturday won from his traditional Baramati assembly constituency by defeating his nephew and NCP (SP) candidate Yugendra Pawar by more than one lakh votes. The 65-year-old politician, thus, settled the score with his uncle Sharad Pawar (83), inflicting on him the first-ever defeat in this family bastion. Though Sharad Pawar himself was not in the fray, the high-stakes contest was being seen as a battle between him and Ajit. Ajit Pawar, who parted ways with his uncle last year and was seeking an eighth term from this seat in Pune district, polled 1,81,132 votes while Yugendra Pawar polled 80,233 votes. He, thus, defeated his younger brother Shriniwas' son by 1,00,899 votes. Five months ago, Sharad Pawar-led NCP (SP) had triumphed in Baramati in the Lok Sabha elections, with incumbent MP and Sharad Pawar's daughter Supriya Sule defeating Ajit Pawar's wife Sunetra by a margin of 1.5 lakh votes. Both the NCP factions did not leave a single stone unturned during the assembly campaign, and even Sharad Pawar's wife Pratibha Pawar and Sule's daughter Revati were seen campaigning for Yugendra, while Ajit Pawar brought his mother on stage during his concluding rally in Baramati. While Sharad Pawar told the people of Baramati that they needed a new leadership, alluding to Yugendra Pawar whom he described as a highly-educated candidate, Ajit cautioned people not to fall prey to the "emotional pitch" by the senior Pawar. The deputy chief minister also highlighted his development record in the area, and vowed to make Baramati "the number one tehsil in the country". After Saturday's results, Ajit Pawar, who along with several other NCP legislators sided with the BJP-Shiv Sena government in 2023, could claim to be the real political heir of his estranged uncle who founded the NCP in 1999. Sunetra Pawar, now a Rajya Sabha member, thanked the people of Baramati for reposing their faith once again in `Dada' (elder brother in Marathi, as Ajit is fondly called). Sharad Pawar, 83, started his political career in Baramati where he contested his first assembly election in 1967, and so far, he or a candidate backed by him had never tasted defeat in the constituency. Following the split in the NCP in 2023, Ajit Pawar managed to get the party name and symbol from the Election Commission of India, forcing the Sharad Pawar faction to rename itself as NCP(SP) with a new symbol -- 'Man Blowing Turha'. With his party winning 37 seats (out of the 59 it contested) so far and leading on four seats, Ajit in a post on X on Saturday evening said, "Our victory today makes our shoulders heavy with the huge responsibilities the people of Maharashtra have bestowed upon us for the next 5 years. We shall spend every moment working to fulfil their aspirations. We shall not spend a single moment speaking against anyone, we will speak only and only for the development of Maharashtra and the welfare of its people." (This story has not been edited by THE WEEK and is auto-generated from PTI)has a major milestone in display technology with The Premiere 8K projector, becoming the first in the industry to receive the prestigious 8K Association (8KA) certification for 8K projectors. This recognition solidifies Samsung’s position as a leader in cutting-edge projection technology and sets a new standard for the market. The 8KA is a global consortium that promotes the adoption and standardization of . On Dec 10, the group shared its new mark plan for 8K projectors. This move boosts the 8K scene and shows its bright future. The 8KA mark checks vital specs to give users a rich view feel. It looks at pixel count (7680 x 4320), glow, tones, and a wide hue range to ensure sharp views in all light levels. The mark also looks at HDR for more depth, 8K upscaling to clean low-res clips, and great sound that syncs with the crisp views. The Premiere 8K passed all these tests, making it the first in its field to earn this top nod. Unveiled at CES 2024, The Premiere 8K represents a groundbreaking advancement in home entertainment. It is the first projector to bring 8K links with no wires, letting users stream with ease. Its ultra-short throw (UST) tech uses smart glass mirrors to give high-res views from close by. With this, it skips the need for big mounts or add-ons. The Premiere 8K gives 4,500 ISO of light. This keeps its views clear and bright, even in rooms with sun. Its Sound-on-Screen tech pairs top-grade audio with sharp views, thanks to built-in tools and code smarts. “The Premiere 8K receiving the industry’s first 8KA certification is a major milestone as it officially demonstrates the new potential of projector technology.” said Taeyoung Son, Executive Vice President of Visual Display Business at Samsung Electronics. “We are committed to expanding the 8K ecosystem by continuously and extensively integrating new technologies.”
BSPE Legal Marketing Releases Article on Using Free AI Tools for Effective Website Content CreationLAKE FOREST, Ill. (AP) — Jaylon Johnson wasn't all that interested in discussing any bright spots or reasons to have hope for the Chicago Bears. The star cornerback made his feelings clear. “I’ve been in slumps four, five years in a row now,” Johnson said Monday. "So, I mean at the end of the day, I don’t look for, ‘OK, what is going to be better in the future?’ ... It will be better when it’s better. So, right now, it’s not better. That’s all I can go off of.” The Bears (4-7) are last in the NFC North and have five straight losses after falling 30-27 to Minnesota in overtime. They wiped out an 11-point deficit in the final 22 seconds of regulation, only to come up short again when the Vikings' Parker Romo kicked a 29-yard field goal. It was the third game during this skid that came down to the final play. The Bears also lost on a Hail Mary at Washington in Week 8 and had a game-ending field goal attempt by Cairo Santos blocked by Green Bay in Week 11. Players have openly questioned some of the coaching decisions in recent weeks. Offensive coordinator Shane Waldron got fired before the game against Green Bay. And coach Matt Eberflus' game management came under more scrutiny against Minnesota. With the Bears trailing 17-10 in the third quarter, there was some confusion on a fourth-and-4 at the Vikings 27. Eberflus said he didn't do a good enough job communicating on the previous play that they would go for it on fourth down. That led to a chaotic sequence in which Santos and long snapper Scott Daly ran onto the field, only to get waved off by a lineman. Quarterback Caleb Williams had to rush to get everyone lined up properly in order to avoid a delay of game. He wound up barking out the wrong play because he misheard the call from offensive coordinator Thomas Brown and threw an incomplete pass. Receiver DJ Moore said Eberflus had not addressed that play with the team. The Bears were scheduled to meet later Monday. “That moment was just like, like a ‘what is going on’ moment that we could have avoided,” he said. The passing game. Williams has clearly looked more comfortable in the two games since Brown replaced the fired Shane Waldron as offensive coordinator. The No. 1 draft pick followed up a solid performance against Green Bay by throwing for 340 yards and two touchdowns. It was his fourth straight turnover-free game and fifth in a row without an interception. Field goal protection. One week after his game-ending 46-yard field goal attempt against Green Bay got blocked, Santos had a 48-yarder rejected on his first try against Minnesota. It happened from the same area, in the middle of the line, when the Vikings' Jerry Tillery knocked down the kick. “I just think it’s technique," Eberflus said. "It’s getting your foot down, bracing up there, staying lower. ... We just have to do a better job there with that.” It was the third blocked field goal for Santos this year, the most for Chicago in a single season since it also had three blocked in 2012. He had a 43-yard try blocked in a win over Jacksonville on Oct. 13. Moore. The Bears have done a better job getting Moore involved under Brown. Moore caught seven passes for a season-high 106 yards and a touchdown against Minnesota. That gave him 14 receptions for 168 yards the past two games, compared to 13 for 104 yards over the previous four. Johnson's 27-yard catch down the middle set up Santos' tying field goal at the end of regulation. But it's not just deep shots. The Bears are finding ways to get the ball in his hands, allowing him to turn short passes into bigger gains. He also had a 13-yard run. RB D’Andre Swift. After a string of solid outings, Swift had just 30 yards on 13 carries. To be fair, he has been dealing with a groin issue, and he was going against the NFL's No. 1 run defense. The Bears reported no injuries during the game. 5-18 — The Bears' record in one-possession games in nearly three seasons under Eberflus, including a 2-5 mark this year. They are 14-31 overall during Eberflus' tenure. The schedule doesn't get any easier, with a Thanksgiving matchup at NFC North leader Detroit. The Lions (10-1) have won nine straight since losing to Tampa Bay in Week 2. AP NFL: https://apnews.com/hub/NFLFox & Fiancée: Sean Hannity is engaged to fellow Fox News host Ainsley EarhardtThe United States is expected to announce that it will send $1.25 billion in military assistance to Ukraine , U.S. officials said Friday, as the Biden administration pushes to get as much aid to Kyiv as possible before leaving office on Jan. 20. The large package of aid includes a significant amount of munitions, including for the National Advanced Surface-to-Air Missile Systems and the HAWK air defense system. It also will provide Stinger missiles and 155 mm- and 105 mm artillery rounds, officials said. The officials, who said they expect the announcement to be made on Monday, spoke on condition of anonymity to provide details not yet made public. The new aid comes as Russia has launched a barrage of attacks against Ukraine’s power facilities in recent days, although Ukraine has said it intercepted a significant number of the missiles and drones. Russian and Ukrainian forces are also still in a bitter battle around the Russian border region of Kursk, where Moscow has sent thousands of North Korean troops to help reclaim territory taken by Ukraine. Earlier this month, senior defense officials acknowledged that that the Defense Department may not be able to send all of the remaining $5.6 billion in Pentagon weapons and equipment stocks passed by Congress for Ukraine before President-elect Donald Trump is sworn in. Trump has talked about getting some type of negotiated settlement between Ukraine and Russia, and spoken about his relationship with Russian President Vladimir Putin. Many U.S. and European leaders are concerned that it might result in a poor deal for Ukraine and they worry that he won't provide Ukraine with all the weapons funding approved by Congress. The aid in the new package is in presidential drawdown authority, which allows the Pentagon to take weapons off the shelves and send them quickly to Ukraine. This latest assistance would reduce the remaining amount to about $4.35 billion. Officials have said they hope that an influx of aid will help strengthen Ukraine’s hand, should Zelenskyy decide it’s time to negotiate. One senior defense official said that while the U.S. will continue to provide weapons to Ukraine until Jan. 20, there may well be funds remaining that will be available for the incoming Trump administration to spend. According to the Pentagon, there is also about $1.2 billion remaining in longer-term funding through the Ukraine Security Assistance Initiative, which is used to pay for weapons contracts that would not be delivered for a year or more. Officials have said the administration anticipates releasing all of that money before the end of the calendar year. If the new package is included, the U.S. has provided more than $64 billion in security assistance to Ukraine since Russia invaded in February 2022.
Pittsburgh quarterback Eli Holstein was carted off the field with 5:32 left in the first quarter with an apparent left ankle injury during Saturday's Atlantic Coast Conference game against host Louisville. The freshman was sacked at the Panthers' 49-yard line by Louisville's Ashton Gillotte, who rolled on the quarterback's ankle. Holstein was in a walking boot as he was helped to the cart. Holstein missed last week's game against Clemson after suffering a head injury in the loss to Virginia two weeks ago. Holstein was 3-for-5 passing for 51 yards and an interception before exiting. Nate Yarnell, who threw for 350 yards in the loss to Clemson, replaced Holstein. --Field Level MediaThe British singer-songwriter, 36, launched Weekends With Adele, located at The Colosseum theatre in Caesars Palace in November 2022. In July, she announced she would be taking a “big break” from music after her run of of sell-out shows at the venue, which seats around 4,000 people. In a social media post on Monday, she said: “Well what an adventure! Las Vegas you’ve been so good to me. A post shared by Adele (@adele) “This residency went on to mirror what 30 was about, lost and broken to healed and thriving! “Seems so fitting in the end. The only thing left to do in this case is move on.” The Easy On Me star made a return to the spotlight in 2021 when she released her fourth album, 30. Adele said: “These 100 shows have been so easy to love. “They were all completely different because I got to really be with every single person in the room every night. “I’ve loved every single second of it and I am so proud of it! I will miss it terribly, and I will miss you all terribly too. Thank you! Thank you! Thank you! See you next time.” Videos posted online from her concert on Saturday show the singer getting tearful as she bid farewell to Vegas. “It’s been wonderful and I will miss it terribly and I will miss you terribly,” she said. “I don’t know when I next want to perform again.” The singer, full name Adele Adkins, shared an emotional embrace with Celine Dion after she spotted the music artist in the audience during her Las Vegas show last month. In August, Adele played shows in a purpose-built outdoor arena in Munich, with capacity for 80,000 people per night, and told fans on the last night that they would not be seeing her for a “long time”.
After Trump’s win, Black women are rethinking their role as America’s reliable political organizers
It’s been quite a year for Santa Clara County. Local elections dominated much of 2024, bringing new faces into government and long-term officials bidding farewell. Other than a congressional race that began with a historic three-way runoff and recount in the primaries and an onslaught of political accusations throughout the season, the outcomes ended without a hitch. The same can’t be said about other decisions which have rolled into 2025, leaving officials with formidable challenges. The carryover includes the big four — homelessness, housing, hunger and health care — and one political scandal. There are no quick-fix solutions, except for a special election to replace disgraced San Jose Councilmember Omar Torres in District 3 come April — unless a June runoff is required. Even then, the question of how such abhorrent behavior from the former councilman could happen isn’t going to vanish after a new person is sworn in. Such actions are not easily erased. Nor is tackling homelessness, a problem entangled with insufficient affordable housing , sky-high rents and evictions . The dilemma has been years in the making. The solution — funding affordable housing projects and cutting red tape — must not falter or give way to developer exemptions . San Jose leaders have to relocate hundreds of individuals being displaced along the waterways. Where are they supposed to go as “ no return zones “and buffer zones for encampments and RVs are put in place? There doesn’t appear to be a fully formed plan. Officials cannot view safe parking and sleeping sites as anything but temporary solutions. The intent is to move individuals into more permanent housing in 30 days. Yet the infrastructure is not there, which brings us back to the housing urgency. Do not turn these sites into refugee camps. This is not a dignified lifestyle. Hunger is another real problem in our county. Food insecurity exploded during the pandemic and hasn’t let up since . Programs like CalFresh and food providers like Second Harvest of Silicon Valley and Loaves & Fishes Family Kitchen are needed more than ever. This too is intertwined with homelessness and housing. Health care is the last of the big four priorities. The county rescued Regional Medical Center from being gutted by HCA Healthcare by purchasing it. Good Samaritan Hospital is working on an expansion, as is health care provider Sutter Health . All positive signs of fulfilling need. But officials are still wrestling with a mental health and substance use crisis in the county as the state imposes deadlines for services without funding support. It doesn’t take much for a sudden turn of events to flip one’s life upside down. A layoff. A health emergency. Medical bills. Missed rent or an eviction. Any one of these things can cause someone to unwillingly find themselves calling their car or the streets home. Their stability lost. Santa Clara County is one of the wealthiest places in the nation , with the resources to tackle these four problems. Residents expect local leaders to govern smart. To do their research, be accountable for their actions and show sensitivity toward those they represent. Let’s start 2025 by bringing the number of homeless residents down and the number of affordable homes up. Moryt Milo is an editor at San José Spotlight. Contact Moryt at [email protected] or follow her at @morytmilo on X, formerly known as Twitter. Catch up on her monthly editorials here .
After Trump’s win, Black women are rethinking their role as America’s reliable political organizersAmmonia, a key ingredient in synthetic fertilizers, is critical in global agriculture, supporting billions of people. However, its production contributes significantly to carbon emissions, prompting urgent calls for greener alternatives. The traditional process of making ammonia involves nitrogen and hydrogen, with hydrogen typically sourced from natural gas. Environmental engineer Aurelian Istrate states, “Natural gas contains both carbon and hydrogen, but only hydrogen is needed for ammonia. This means that a lot of carbon is released during production.” The carbon footprint from traditional ammonia production is a pressing concern in the fight against climate change. Sustainable solution One promising solution lies in hydrogen production through electrolysis powered by renewable energy. However, Istrate notes that this method remains expensive and not widely adopted, leaving most ammonia produced through conventional means. In his research, Istrate proposes an innovative alternative: using biomethane instead of natural gas in ammonia production. Biomethane, derived from biomass such as food waste and agricultural residues, has the same chemical structure as natural gas (CH4) but with a significant difference – it is a renewable resource. When biomethane is used, the carbon dioxide released during combustion was recently captured from the atmosphere during biomass growth through photosynthesis. “This achieves a balance,” Istrate explains. In contrast, burning natural gas releases CO2 stored underground for millions of years, adding extra carbon to the atmosphere. Istrate further emphasizes the potential for carbon capture and storage (CCS) technology to mitigate ammonia production’s environmental impacts. “If instead of emitting this carbon, you capture and store it permanently, you can work towards net-zero emissions or even carbon negativity,” he says. This means that ammonia production could offset more CO2 than it emits. Net-zero Ammonia One of the advantages of using biomethane is that it aligns well with existing ammonia production technologies. Istrate points out that the separation of CO2 is integral to biomethane and ammonia production processes, meaning no new technologies are needed for carbon capture. In his comparative research, Istrate evaluates three ammonia production methods: conventional processes, electrolysis, and biomethane-based production. His findings reveal that using biomethane alongside CCS can produce carbon-negative ammonia. He also delves into a more pragmatic approach, investigating a scenario where natural gas is blended with biomethane. To achieve carbon neutrality, Istrate discovered that a mix of 44% biomethane and 56% natural gas, combined with carbon capture, would be required. Economically, biomethane stands out as a competitive option, particularly in the current landscape influenced by high gas prices due to geopolitical tensions like the Russian invasion of Ukraine. This situation and the cost and inefficiency of alternatives like Direct Air Carbon Capture and Storage (DACCS) position biomethane as a more viable solution. “You don’t need complex technology like DACCS,” Istrate asserts. “Often, there are simpler solutions that can have an immediate impact.” Introducing biomethane into ammonia production is one such solution that could significantly lower carbon emissions in the agricultural sector while ensuring a sustainable supply of fertilizers. As the world grapples with climate change, innovations like biomethane represent hopeful pathways towards a greener future in ammonia production, reducing reliance on fossil fuels and aligning agriculture with environmental sustainability.
Cahill Wealth Management LLC reduced its stake in Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 31.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,551 shares of the information services provider’s stock after selling 708 shares during the quarter. Cahill Wealth Management LLC’s holdings in Alphabet were worth $257,000 as of its most recent SEC filing. Several other large investors have also bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in shares of Alphabet by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 497,874,324 shares of the information services provider’s stock worth $75,144,172,000 after buying an additional 4,064,073 shares during the last quarter. Capital Research Global Investors lifted its holdings in Alphabet by 14.4% during the first quarter. Capital Research Global Investors now owns 57,803,291 shares of the information services provider’s stock worth $8,724,251,000 after acquiring an additional 7,275,757 shares during the period. Bank of New York Mellon Corp boosted its position in Alphabet by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 49,472,478 shares of the information services provider’s stock worth $9,011,412,000 after purchasing an additional 238,403 shares during the last quarter. Capital World Investors grew its stake in Alphabet by 1.7% in the 1st quarter. Capital World Investors now owns 35,412,299 shares of the information services provider’s stock valued at $5,344,778,000 after purchasing an additional 597,756 shares during the period. Finally, American Century Companies Inc. grew its stake in Alphabet by 1.8% in the 2nd quarter. American Century Companies Inc. now owns 23,465,190 shares of the information services provider’s stock valued at $4,274,184,000 after purchasing an additional 418,204 shares during the period. 40.03% of the stock is currently owned by institutional investors. Alphabet Stock Down 1.7 % Shares of GOOGL opened at $164.76 on Friday. Alphabet Inc. has a 1 year low of $127.90 and a 1 year high of $191.75. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.95 and a quick ratio of 1.95. The stock has a 50 day simple moving average of $167.64 and a two-hundred day simple moving average of $170.36. The firm has a market cap of $2.02 trillion, a P/E ratio of 21.85, a P/E/G ratio of 1.27 and a beta of 1.03. Alphabet Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 9th will be paid a dividend of $0.20 per share. The ex-dividend date is Monday, December 9th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.49%. Alphabet’s dividend payout ratio (DPR) is currently 10.61%. Analyst Upgrades and Downgrades GOOGL has been the topic of a number of research analyst reports. Evercore ISI boosted their price target on shares of Alphabet from $200.00 to $205.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Pivotal Research boosted their target price on shares of Alphabet from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Tigress Financial increased their target price on shares of Alphabet from $210.00 to $220.00 and gave the company a “strong-buy” rating in a research report on Thursday, September 26th. DA Davidson initiated coverage on shares of Alphabet in a report on Tuesday, September 10th. They issued a “neutral” rating and a $170.00 price target on the stock. Finally, Wedbush reissued an “outperform” rating and set a $205.00 price objective on shares of Alphabet in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and five have issued a strong buy rating to the company. According to MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and a consensus price target of $205.90. Read Our Latest Research Report on Alphabet Insider Transactions at Alphabet In other news, insider John Kent Walker sold 21,467 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $160.35, for a total value of $3,442,233.45. Following the transaction, the insider now owns 39,334 shares in the company, valued at approximately $6,307,206.90. This trade represents a 35.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, CAO Amie Thuener O’toole sold 682 shares of Alphabet stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $160.44, for a total transaction of $109,420.08. Following the completion of the transaction, the chief accounting officer now directly owns 32,017 shares in the company, valued at approximately $5,136,807.48. The trade was a 2.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last quarter, insiders have sold 206,795 shares of company stock worth $34,673,866. Company insiders own 11.55% of the company’s stock. Alphabet Company Profile ( Free Report ) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Further Reading Five stocks we like better than Alphabet How Technical Indicators Can Help You Find Oversold Stocks Tesla Investors Continue to Profit From the Trump Trade Do ETFs Pay Dividends? What You Need to Know MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally Golden Cross Stocks: Pattern, Examples and Charts Netflix Ventures Into Live Sports, Driving Stock Momentum Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter .