
Crypto entrepreneur Justin Sun on Friday fulfilled a promise he made after spending $6.2 million on an artwork featuring a banana duct-taped to a wall - by eating the fruit. At one of Hong Kong’s priciest hotels, Sun chomped down on a banana in front of dozens of journalists and influencers after giving a speech hailing the work as “iconic” and drew parallels between conceptual art and cryptocurrency. “It’s much better than other bananas,” Sun said after getting his first taste. “It’s really quite good.” Titled “Comedian”, the conceptual work created by Italian artist Maurizio Cattelan was sold at a Sotheby’s auction in New York last week, with Sun among seven bidders. Sun said he felt “disbelief” in the first 10 seconds after he won the bid, before realizing “this could become something big”. In the 10 seconds after that, he decided he would eat the banana. “Eating it at a press conference can also become a part of the artwork’s history,” he said Friday. The debut of the edible creation at the 2019 Art Basel show in Miami Beach sparked controversy and raised questions about whether it should be considered art - Cattelan’s stated aim. And Sun on Friday compared conceptual art like “Comedian” to NFT art and decentralized blockchain technology. “Most of its objects and ideas exist as (intellectual property) and on the internet, as opposed to something physical,” he said. ‘Apolitical’ investment Sun this week also became an advisor to World Liberty Financial, a crypto initiative backed by US president-elect Donald Trump, following a $30 million investment. He earlier wrote on social media platform X that he was “excited to help make crypto great again in the US” with Trump’s leadership. On Friday Sun denied that the investment - which made him the largest investor in the project - was an attempt to influence Trump or American politics. “We are apolitical,” Sun told AFP in an interview. “Me (serving) as advisor also contribute a lot of value... I can be a great bridge for traditional financial and the (decentralized finance) industry.” The 34-year-old crypto businessman was last year charged by the US Securities and Exchange Commission with fraud and securities law violation in relation to his crypto project Tron. Sun has rejected the allegations and the case is ongoing. At a function room at the Peninsula hotel in Hong Kong, two men dressed as auction house staff stood in front of a featureless wall with the yellow banana offering the only splash of color. Sun said he only recently decided to bid for the artwork, adding he had “dumb questions” such as whether the banana had decayed and how to value the work. The artwork owner is given a certificate of authenticity that the work was created by Cattelan as well as instructions about how to replace the fruit when it goes bad. Sun told AFP that his artwork may well benefit from the same kind of speculative craze usually associated with crypto. “I think (the price) probably is going to go up even more in the future, just like Bitcoin,” he said. — AFPKingsview Wealth Management LLC acquired a new stake in Ameren Co. ( NYSE:AEE – Free Report ) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,841 shares of the utilities provider’s stock, valued at approximately $248,000. A number of other institutional investors also recently modified their holdings of AEE. Versant Capital Management Inc raised its holdings in Ameren by 115.3% during the 2nd quarter. Versant Capital Management Inc now owns 366 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 196 shares during the last quarter. First Command Advisory Services Inc. bought a new stake in shares of Ameren during the second quarter worth approximately $26,000. Pathway Financial Advisers LLC bought a new stake in shares of Ameren during the first quarter worth approximately $31,000. EverSource Wealth Advisors LLC lifted its holdings in Ameren by 227.3% in the first quarter. EverSource Wealth Advisors LLC now owns 455 shares of the utilities provider’s stock valued at $34,000 after buying an additional 316 shares during the period. Finally, American National Bank bought a new position in Ameren in the second quarter valued at approximately $37,000. 79.09% of the stock is owned by institutional investors. Ameren Stock Performance Shares of Ameren stock opened at $94.36 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.63 and a quick ratio of 0.41. The firm has a market cap of $25.19 billion, a price-to-earnings ratio of 22.20, a price-to-earnings-growth ratio of 3.13 and a beta of 0.45. Ameren Co. has a one year low of $67.03 and a one year high of $95.69. The stock’s 50-day moving average is $88.98 and its 200-day moving average is $80.95. Ameren Dividend Announcement Insider Transactions at Ameren In related news, CFO Michael L. Moehn sold 6,500 shares of the stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $92.15, for a total transaction of $598,975.00. Following the completion of the transaction, the chief financial officer now owns 205,171 shares in the company, valued at approximately $18,906,507.65. This represents a 3.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Company insiders own 0.42% of the company’s stock. Wall Street Analysts Forecast Growth AEE has been the subject of several recent research reports. Mizuho upgraded shares of Ameren from a “neutral” rating to an “outperform” rating and upped their target price for the company from $82.00 to $89.00 in a research report on Monday, September 16th. Wells Fargo & Company upped their price objective on Ameren from $91.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, September 20th. Argus upgraded Ameren to a “strong-buy” rating in a report on Thursday, September 19th. Barclays upped their price target on Ameren from $77.00 to $88.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. Finally, Bank of America lifted their price objective on shares of Ameren from $86.00 to $87.00 and gave the stock a “neutral” rating in a research note on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Ameren currently has an average rating of “Moderate Buy” and an average target price of $87.90. Read Our Latest Stock Report on AEE About Ameren ( Free Report ) Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business. Recommended Stories Want to see what other hedge funds are holding AEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ameren Co. ( NYSE:AEE – Free Report ). 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AP Trending SummaryBrief at 4:17 p.m. ESTCrypto entrepreneur Justin Sun on Friday fulfilled a promise he made after spending $6.2 million on an artwork featuring a banana duct-taped to a wall - by eating the fruit. At one of Hong Kong’s priciest hotels, Sun chomped down on a banana in front of dozens of journalists and influencers after giving a speech hailing the work as “iconic” and drew parallels between conceptual art and cryptocurrency. “It’s much better than other bananas,” Sun said after getting his first taste. “It’s really quite good.” Titled “Comedian”, the conceptual work created by Italian artist Maurizio Cattelan was sold at a Sotheby’s auction in New York last week, with Sun among seven bidders. Sun said he felt “disbelief” in the first 10 seconds after he won the bid, before realizing “this could become something big”. In the 10 seconds after that, he decided he would eat the banana. “Eating it at a press conference can also become a part of the artwork’s history,” he said Friday. The debut of the edible creation at the 2019 Art Basel show in Miami Beach sparked controversy and raised questions about whether it should be considered art - Cattelan’s stated aim. And Sun on Friday compared conceptual art like “Comedian” to NFT art and decentralized blockchain technology. “Most of its objects and ideas exist as (intellectual property) and on the internet, as opposed to something physical,” he said. ‘Apolitical’ investment Sun this week also became an advisor to World Liberty Financial, a crypto initiative backed by US president-elect Donald Trump, following a $30 million investment. He earlier wrote on social media platform X that he was “excited to help make crypto great again in the US” with Trump’s leadership. On Friday Sun denied that the investment - which made him the largest investor in the project - was an attempt to influence Trump or American politics. “We are apolitical,” Sun told AFP in an interview. “Me (serving) as advisor also contribute a lot of value... I can be a great bridge for traditional financial and the (decentralized finance) industry.” The 34-year-old crypto businessman was last year charged by the US Securities and Exchange Commission with fraud and securities law violation in relation to his crypto project Tron. Sun has rejected the allegations and the case is ongoing. At a function room at the Peninsula hotel in Hong Kong, two men dressed as auction house staff stood in front of a featureless wall with the yellow banana offering the only splash of color. Sun said he only recently decided to bid for the artwork, adding he had “dumb questions” such as whether the banana had decayed and how to value the work. The artwork owner is given a certificate of authenticity that the work was created by Cattelan as well as instructions about how to replace the fruit when it goes bad. Sun told AFP that his artwork may well benefit from the same kind of speculative craze usually associated with crypto. “I think (the price) probably is going to go up even more in the future, just like Bitcoin,” he said. — AFPIs Enron back? If it's a joke, some former employees aren't laughing
Kendrick Lamar surprises with new album 'GNX' LOS ANGELES (AP) — Kendrick Lamar gave music listeners an early holiday present with a new album. The Grammy winner released his sixth studio album “GNX” on Friday. The 12-track project is the rapper’s first release since 2022’s “Mr. Morale & The Big Steppers.” Lamar’s new album comes just months after his rap battle with Drake. The rap megastar will headline February's Apple Music Super Bowl Halftime Show in New Orleans. The 37-year-old has experienced massive success since his debut album “good kid, m.A.A.d city” in 2012. Since then, he’s accumulated 17 Grammy wins and became the first non-classical, non-jazz musician to win a Pulitzer Prize. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Ancient meets modern as a new subway in Greece showcases archaeological treasures THESSALONIKI, Greece (AP) — Thessaloniki, Greece’s second-largest city, is opening a new subway system, blending ancient archaeological treasures with modern transit technology like driverless trains and platform screen doors. The project, which began in 2003, uncovered over 300,000 artifacts, including a Roman-era thoroughfare and Byzantine relics, many of which are now displayed in its 13 stations. Despite delays caused by preserving these findings, the inaugural line has been completed, with a second line set to open next year. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. At least 19 people are sick in Minnesota from ground beef tied to E. coli recall U.S. health officials say at least 19 people in Minnesota have been sickened by E. coli poisoning tied to a national recall of more than 167,000 pounds of potentially tainted ground beef. Detroit-based Wolverine Packing Co. recalled the meat sent to restaurants nationwide. Minnesota state agriculture officials reported multiple illnesses and found that a sample of the product tested positive for E. coli, which can cause life-threatening infections. No illnesses have been reported outside of Minnesota. Symptoms of E. coli poisoning include fever, vomiting, diarrhea and signs of dehydration. Actor Jonathan Majors’ ex-girlfriend drops assault and defamation lawsuit against once-rising star NEW YORK (AP) — Jonathan Majors’ ex-girlfriend has dropped her assault and defamation lawsuit against the once-rising Hollywood star after reaching a settlement. Lawyers for Majors and Grace Jabbari agreed to dismiss the case with prejudice Thursday. Jabbari is a British dancer who had accused Majors of subjecting her to escalating incidents of physical and verbal abuse during their relationship. Representatives for Majors didn’t respond to emails seeking comment Friday. Jabbari’s lawyer said the suit was “favorably settled” and her client is moving on with “her head held high.” Majors was convicted of misdemeanor assault and harassment last December and sentenced to a yearlong counseling program. Hyundai, Kia recall over 208,000 electric vehicles to fix problem that can cause loss of power DETROIT (AP) — Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash. The recalls cover more than 145,000 Hyundai and Genesis vehicles including the 2022 through 2024 Ioniq 5, the 2023 through 2025 Ioniq 6, GV60 and GV70, and the 2023 and 2024 G80. Also included are nearly 63,000 Kia EV 6 vehicles from 2022 through 2024. The affiliated Korean automakers say in government documents that a transistor in a charging control unit can be damaged and stop charging the 12-volt battery. Dealers will inspect and replace the control unit and a fuse if needed. They also will update software. Christmas TV movies are in their Taylor Swift era, with two Swift-inspired films airing this year Two of the new holiday movies coming to TV this season have a Taylor Swift connection that her fans would have no problem decoding. “Christmas in the Spotlight” debuts Saturday on Lifetime. It stars Jessica Lord as the world’s biggest pop star and Laith Wallschleger, playing a pro football player, who meet and fall in love, not unlike Swift and her boyfriend, Kansas City Chiefs tight end Travis Kelce. On Nov. 30, Hallmark will air “Holiday Touchdown: A Chiefs Love Story.” Instead of a nod to Swift, it’s an ode to family traditions and bonding, like rooting for a sports team. Hallmark’s headquarters is also in Kansas City. Top football recruit Bryce Underwood changes commitment to Michigan instead of LSU, AP source says ANN ARBOR, Mich. (AP) — Top football recruit Bryce Underwood has flipped to Michigan after pledging to play at LSU. That's according to a person familiar with the situation who spoke to The Associated Press on condition of anonymity because they were not authorized to share the recruit’s plans to join the Wolverines. Underwood pinned a post on his Instagram account, showing a post in which On3.com reported that he has committed to Michigan. The 6-foot-3 quarterback played at Belleville High School about 15 miles east of Michigan's campus, and told LSU nearly a year ago he intended to enroll there. Emperor penguin released at sea 20 days after waddling onto Australian beach MELBOURNE, Australia (AP) — The only emperor penguin known to have swum from Antarctica to Australia has been released at sea 20 days after he waddled ashore on a popular tourist beach. The adult male was found on Nov. 1 on sand dunes in temperate southwest Australia about 2,200 miles north of the Antarctic coast. He was released Wednesday from a boat that traveled several hours from Western Australia state's most southerly city of Albany. His caregiver Carol Biddulph wasn't sure at first if the penguin would live. She said a mirror was important to his rehabilitation because they provide a sense of company. Biddulph said: “They’re social birds and he stands next to the mirror most of the time.”TORONTO, Nov. 27, 2024 (GLOBE NEWSWIRE) — Spokespersons from , co-founders of and Canada’s largest online donation and fundraising platform, are available for media interviews to discuss GivingTuesday, which takes place this year on December 3rd. As many Canadians continue to struggle under financial pressure and are turning to charities to meet essential needs, CanadaHelps is highlighting how communities can unite this giving season by engaging in generosity. As the world’s largest generosity movement, celebrates and encourages all forms of giving, including donating, volunteering, performing acts of kindness, and more. More than $13.6 million was donated within 24 hours via CanadaHelps.org to support registered charities on GivingTuesday in 2023. This year, the organization is aiming to surpass last year’s total. The holiday season is a critical fundraising time for charities with approximately 40% of annual donations being made in the final two months of the year on CanadaHelps.org. The generosity shown on GivingTuesday and throughout the rest of the year sustains the vital work of charities year-round. Generosity is especially critical given the record-breaking use of food banks reported across the country as Canadians struggle under financial pressures and turn to charities for daily essentials including food and shelter. Spokespeople can speak to findings from with insights on Canadians turning to charities for support, including: Spokespeople can highlight a variety of easy ways Canadians can participate in GivingTuesday, including donating to a favourite charity or cause, volunteering, fundraising, setting up a monthly donation, purchasing (as holiday season gifts and stocking stuffers), performing acts of kindness, and so much more. Like so many small businesses that rely on postal service to deliver packages, many charities rely on direct mail which represents a critical portion of their annual revenue. With the Canada Post strike, many charities are concerned that they will be forgotten among supporters who would normally mail in a cheque at the end of the year. Spokespeople can speak to the impact of the labour dispute on Canada’s charitable sector, can share examples of charities in select cities that are affected, and offer alternatives to traditional mail for giving. While the arts and culture sector provides significant personal and cultural benefits to Canadians, according to , only 6% of the population says they prioritize arts and culture charities as important causes they support. Spokespeople can speak to the unique benefits of arts and culture organizations in uniting people, some of the challenges facing these charities, and highlight examples of the impact of specific arts charities in communities across Canada. As Canadians search for the perfect gift to give this holiday season, spokespeople can discuss the variety of giving options for all budgets that can make a vital impact on charities and the communities that rely on them. Spokespeople can speak to creative ways that parents can use GivingTuesday to engage children in giving while also learning about specific causes of interest and impact. Companies across the country are embracing GivingTuesday as a way to make a positive impact. Spokespeople can highlight how businesses are supporting charities, how it benefits their organizations, and provide examples of how select companies are supporting this day of generosity. Spokespeople can speak to strategic ways of giving and using charitable tax benefits to receive up to 49% of their contribution back as a tax credit. They can also discuss how monthly donations and donations of securities are strategic ways to give and how these methods grew 11% and 32% respectively on CanadaHelps in 2023 compared to the prior year. For 11 consecutive years, fewer Canadians have been engaging in charitable giving. Canada Revenue Agency tax filer data shows donation rates declined from 23.4 percent in 2010 to 17.7 percent in 2021 (among those Canadians claiming tax receipts). Spokespeople can speak to popular causes Canadians are supporting, ways Canadians are giving, and how we can reverse declines in the number of Canadians who give. Canadians are increasingly disconnected and have shrinking social networks, which is correlated with lower rates of giving. Recent global data also highlighted how Canada is the second most polarized nation when it comes to giving, only behind Great Britain.* Spokespeople are available to speak to these trends and how generosity can unite communities this holiday season. GivingTuesday has global roots and has made a local impact. Launched in 2012 in the United States as a response to Black Friday and Cyber Monday and brought to Canada in 2013 by CanadaHelps, GivingTuesday is now celebrated in more than 90 countries. In Canada, an estimated six million Canadians have participated in GivingTuesday. CanadaHelps is Canada’s largest online donation and fundraising platform, and a charity advancing philanthropy through technology. For Canadians, CanadaHelps.org is a safe and trusted destination for discovering and supporting any charity in Canada. CanadaHelps also develops affordable fundraising technology used by more than 30,000 charities, and provides free training and education so all charities can increase their impact and succeed in the digital age. Since 2000, more than 4.8 million people have donated upwards of $3.2 billion through CanadaHelps. Connect with CanadaHelps on , , , and .Alexis Mac Allister and substitute Cody Gakpo got the goals as Liverpool beat Champions League holders Real Madrid 2-0 at Anfield to make it five wins from as many games in the league phase for Arne Slot’s men. The Reds took the lead when Mac Allister played a one-two with Conor Bradley and slotted past Thibaut Courtois seven minutes into the second half. Real had the chance to equalise with a penalty just past the hour, but Kylian Mbappe saw his strike saved by Caoimhin Kelleher. 🛑🛑🛑 — Liverpool FC (@LFC) There was then an unsuccessful spot-kick from the hosts as Mohamed Salah missed from 12 yards, before Gakpo popped up with a 76th-minute header from Andy Robertson’s cross as the Merseysiders recorded a first win over Real in 15 years and gained some revenge for their defeats in the 2018 and 2022 finals. While Liverpool top the table, Carlo Ancelotti’s Real are down in 24th place – the final play-offs berth – with just six points from their five matches. Aston Villa are outside the top eight on goal difference after a 0-0 draw with Juventus in which Morgan Rogers had a stoppage-time finish for the hosts ruled out for a foul, with Villa goalkeeper Emiliano Martinez having earlier made a fantastic save to deny Francisco Conceicao. Celtic, lying 20th, drew 1-1 at home with Club Brugge thanks to a curling Daizen Maeda strike that cancelled out a remarkable own goal by Cameron Carter-Vickers, who passed back without looking to send the ball into the net. Borussia Dortmund moved into the top eight with 3-0 win at Dinamo Zagreb, where Jamie Gittens, Ramy Bensebaini and Serhou Guirassy got on the scoresheet. A point apiece on matchday five in the Champions League. || — Aston Villa (@AVFCOfficial) Monaco dropped to eighth after suffering their first loss of the league phase, 3-2 at home to Benfica. Despite having Wilfried Singo sent off just prior to the hour mark, the French side took the lead for a second time via Soungoutou Magassa in the 67th minute, only for late goals from Arthur Cabral and Zeki Amdouni to give Benfica all three points. Lille, in 12th, have the same amount of points as Monaco and Villa thanks to a 2-1 win at Bologna, with Ngal’Ayel Mukau notching a brace. PSV Eindhoven, now 18th, produced a dramatic late turnaround to beat 10-man Shakhtar Donetsk 3-2 at home. The visitors led 2-0 through Danylo Sikan and Oleksandr Zubkov before having Pedrinho sent off in the 69th minute, and PSV then hit back with three goals in the closing stages, Malik Tilman scoring in the 87th and 90th and Ricardo Pepi then notching the winner in the fifth minute of stoppage time. Red Star Belgrade registered their first win of the league phase by thrashing Stuttgart 5-1, as did Sturm Graz, beating Girona 1-0.
Jammu, Nov 27: Lieutenant Governor Manoj Sinha Wednesday advocated grassroots growth stressing that the fruits of development should reach everyone. Presenting the Kailakh Sanskrit Ratna Award for the year 2024 to Swami Kailashanand Giri Ji Maharaj at a ceremony organised by Shri Kailash Jyotish and Vedic Sansthan Trust at Jammu, the LG in his address called for collective efforts to ensure that the fruits of development percolate to the grassroots and spread the benefits among all people and manage the process of change with sensitivity. “Quest for peace and prosperity call for leadership in every walk of life. Individuals must rise above vested interest to fulfil the responsibilities,” he said. LG Sinha shared Prime Minister Narendra Modi-led government’s resolve to preserve and promote India’s rich traditions and cultural heritage. “Propagation of all-embracing Indian culture, core values, artistic traditions and the spirit of the ‘world as one family’ is our priority. India will shape a sustainable, peaceful, and progressive world for future generations,” he said. The LG said today India with its rich historical and cultural heritage and its talented human resources was marching towards the goal of developed India by 2047. “In this journey, enlightened people from every field, especially scientists and spiritualists, need to come forward and give new impetus to the development process,” he said. LG Sinha called upon the saints, enlightened citizens, and the administrative machinery to serve humanity unitedly. “Saints have to be the conscience keepers of the citizens in enabling equity and justice. A social awakening is needed for the society to prosper. It is for each individual of society, intelligentsia, and saints to strive to inculcate core values to create a brighter future,” he said. The LG described Swami Kailashanand Giri Ji Maharaj as an enlightened saint, Yoga Guru, and renowned scholar and lauded his stellar contribution towards promotion of Sanskrit and promoting ideals and values of India’s great civilisation. “Swami Ji’s selfless service to Sanskrit and social upliftment is inspiring all of us to rededicate ourselves to strengthen our traditional and cultural values and work for the cause of the society,” he said. LG Sinha also commended the valuable contribution of Mahant Rohit Shastri and Shri Kailakh Jyotish and Vedic Sansthan Trust for promoting and popularising Sanskrit language through its various endeavours like Mobile Sanskrit Gurukul, Saral Sanskrit Bodh publication, and Kartavya Path magazine. Member of Legislative Assembly, Sham Lal Sharma; Vice Chancellor Sher-e-Kashmir University of Agricultural Sciences and Technology, Jammu (SKUAST-J), Prof B N Tripathi and President Shri Kailakh Jyotish and Vedic Sansthan Trust, Mahant Rohit Shastri were present on the occasion.SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Symbotic Inc. SYM publicly traded securities between February 8, 2024 and November 26, 2024, inclusive (the "Class Period"), have until February 3, 2025 to seek appointment as lead plaintiff of the Symbotic class action lawsuit. Captioned Decker v. Symbotic Inc. , No. 24-cv-12976 (D. Mass.), the Symbotic class action lawsuit charges Symbotic and certain of Symbotic's top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Symbotic class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-symbotic-class-action-lawsuit-sym.html You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com . CASE ALLEGATIONS : Symbotic is an automation technology company that engages in developing technologies to improve operating efficiencies in modern warehouses. The Symbotic class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that Symbotic had improperly accelerated its recognition of revenue. The Symbotic class action lawsuit further alleges that on November 27, 2024, Symbotic disclosed that it "identified errors in its revenue recognition related to cost overruns on certain deployments that will not be billable, which additionally impacted system revenue, income (loss) before income tax, net income (loss) and gross margin recognized in the second, third, and fourth quarters of fiscal year 2024," "identified in its preliminary assessment of internal control over financial reporting for the fiscal year ended September 28, 2024 certain material weaknesses," and Symbotic's "previously issued financial statements for those periods, including the financial information included in [Symbotic]'s earnings press release for the fourth quarter and fiscal year 2024 and [Symbotic]'s supplemental presentation, should therefore no longer be relied upon." On this news, the price of Symbotic stock fell nearly 36%, according to the complaint. THE LEAD PLAINTIFF PROCESS : The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Symbotic publicly traded securities during the Class Period to seek appointment as lead plaintiff in the Symbotic class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Symbotic class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Symbotic class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Symbotic class action lawsuit. ABOUT ROBBINS GELLER : Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP J.C. Sanchez, Jennifer N. Caringal 655 W. Broadway, Suite 1900, San Diego, CA 92101 800-449-4900 info@rgrdlaw.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Kingsview Wealth Management LLC Makes New Investment in Reddit, Inc. (NYSE:RDDT)Wemby at The Garden. LeBron vs. Steph. The NBA's Christmas Day lineup, as always, has star power
Suzuki scores in OT to give the Canadiens a 4-3 victory over the Blue JacketsNEW YORK , Dec. 5, 2024 /PRNewswire/ -- The Board of Directors of Omnicom (NYSE: OMC) declared a quarterly dividend of 70 cents per outstanding share of the corporation's common stock. The dividend is payable on January 10, 2025 to Omnicom common shareholders of record at the close of business on December 20, 2024. About Omnicom Omnicom (NYSE: OMC) is a leading provider of data-inspired, creative marketing and sales solutions. Omnicom's iconic agency brands are home to the industry's most innovative communications specialists who are focused on driving intelligent business outcomes for their clients. The company offers a wide range of services in advertising, strategic media planning and buying, precision marketing, retail and digital commerce, branding, experiential, public relations, healthcare marketing and other specialty marketing services to over 5,000 clients in more than 70 countries. For more information, visit www.omnicomgroup.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/omnicom-declares-dividend-302324450.html SOURCE Omnicom Group Inc.
MADRID (AP) — Getafe scored twice in three minutes midway through the second half to beat struggling Valladolid 2-0 and record only its second win in La Liga on Friday. The victory ended Getafe’s five-game winless run and lifted it into 15th place in the 20-team standings. Valladolid remained second to last. In the buildup to the match, Getafe sporting director Rubén Reyes described the game as a final but his team was lucky not to go behind as Valladolid created more of the early chances. However, the home side took control in the 69th minute when substitute Álvaro Rodríguez got the opener. Three minutes later, man of the match Allan Nyom made it 2-0. “There’s been a lot of games where we’ve run and fought but lost or drawn,” Nyom, the veteran Cameroon full back, said. “A game that reflects the effort we’ve put in in training is very welcome.” Adding to Valladolid’s woes, coach Paulo Pezzolano was sent off before halftime. The Uruguayan has the league’s worst disciplinary record, with seven yellow cards before Friday’s red. ___ AP soccer:Cardiff v QPR player ratings - West London SportSharks visit the Kraken after Walman's 2-goal game80-year-old driver with expired licence accused of going nearly double the speed limit in eastern Ontario
December festivals and concerts
StarV Launches Indiegogo Campaign for Cutting-Edge AR Glasses: Air1- MYVU and ViewThe royal family is also fond of horses. Published: December 24, 2024 11:42 PM IST By Edited by Indian Prime Minister Narendra Modi visited Kuwait on December 21 and 22 on the invitation of the Emir of Kuwait. The name of the royal family of Kuwait is Al-Sabah Family, which has been in power in Kuwait since 1752. The family transformed Kuwait from just a desert area into an oil and gas hub. This royal family is identified not only by their power but also by their immense wealth and big family. Let’s know about the Al-Sabah family, which has been ruling Kuwait for almost three centuries, which has been at the center of Kuwait’s politics, culture and society. Property worth $ 360 billion Kuwait is a Gulf country, where the monarchy has been running from 1752 to the present day. The king here is called Emir. At present, the Emir of Kuwait is Mishal al-Ahmad al-Jaber al-Sabah. His royal family is one of the richest families in the world. This can be gauged from the fact that in a report, the net worth of this family has been stated to be $ 360 billion. That is, in Indian rupees, it is Rs 30.07 lakh crore. A lot of this family’s money is also invested in the American stock market. Where does the royal family get their money from? Kuwait’s main source of income is the country’s oil reserves. There are more than 1000 members in this royal family. Many members of the family play a very important role in running the oil-related business. Kuwait sells oil in large quantities to China, India and many other countries. Apart from oil, if we talk about the income of this family, then the royal family of Kuwait also invests a lot of money in real estate, telecommunications and large American companies. The family runs the Kuwait Investment Authority (KIA). KIA has invested in companies like BlackRock, Associated British Ports (UK), Citigroup, and Merrill Lynch. In addition, they also have investments in services such as ports, airports, and power distribution. The royal palace as well as many ultra-luxury cars The King of Kuwait also has a special palace. The name of this palace is Bayan Palace and it is worth Rs 1045 crore. Apart from this, a lot of money is also spent on the maintenance of this palace. The royal family has a large collection of ultra-luxury cars. The royal family’s cars also include 1904 and 1924 Minerva, Aston Martins from the original James Bond films, a custom Porsche 911 Turbo S, a Ferrari F40, a Rolls Royce and a Porsche Carrera. The royal family is also fond of horses. The family owns special horses of Arabian and Egyptian breeds, who live in stables built in the 1000-acre Arabian Horse Center. There is also an administrative building, mosque, greenhouse and lake. According to World Bank data, Kuwait’s GDP per capita is $ 41,079.5. If you convert it to Indian rupees, then it is about Rs 34.3 lakh rupees. For breaking news and live news updates, like us on or follow us on and . Read more on Latest on . Topics
The latest Canada’s Food Price Report forecasts a food price increase of 3 to 5 percent in 2025, increasing overall food costs for the average family of four by $801.56. The report by Dalhousie University’s Agri‐Food Analytics Lab predicts prices for fruit and seafood will rise 1 to 3 percent, dairy products and baked goods will rise 2 to 4 percent, and vegetables and restaurant food will rise 3 to 5 percent, while meat will rise by 4 to 6 percent. A typical family of four with a teenage son and a pre-teen daughter will shell out $16,833.67 for food in 2025 while a single mom with two young children can expect to pay $9,566.40, the report estimates. It will cost $3,189.01 to feed a 6- to 11-month-old child next year, $3,184.18 for a 4- to 8-year-old boy, and $3,849.74 for a girl between the ages of 9 and 13. A teenage boy will be the most expensive to feed in 2025, coming in at $4,809.98. The report’s authors used three different machine learning and AI models to determine the costs, and then had experts weigh in on the numbers. This year, the authors also utilized large language models to process information beyond raw data. A number of factors such as climate challenges, geopolitical conflicts, and a weaker Canadian dollar are likely to significantly increase food costs, the report said. It predicted that the expected weakening of the Canadian dollar compared to the American dollar will reduce the buying power of importers. The current exchange rate is 1.3866 CAD to USD, and is forecasted to fall further if the incoming U.S. administration under Donald Trump goes ahead with its threat of 25 percent tariffs on Canadian goods. The report also noted that wheat prices were impacted by droughts in North America and wetter-than-normal conditions in Europe in 2023, while commodities such as coffee, cocoa, and citrus saw significant price increases due to high temperatures and weather events. “Extreme weather events continue to prove challenging for food producers facing an unpredictable climate for growing crops and raising livestock,” the report said. Additionally, the report warned that Canada’s agri-food sector has become less competitive in the last five years, while the incoming Trump administration could widen the competitiveness gap between the two countries and force Canadian grocers to stock more foreign goods. With the Trump administration likely to roll back more environmental regulations, the report warned Canada’s carbon tax may give American farmers “another cost advantage with Trump’s less restrictive environmental stance.” Canada’s cattle herd was at its smallest since 1987 while America’s cattle herd was at its smallest since 1951, causing beef prices to rise in 2024. They are expected to rise further in 2025. The report said droughts, higher feed costs, and elevated interest rates have also contributed to the price increase, and many consumers may choose other protein sources like fish and pork in the new year. Last year’s price projections fell within the expected ranges or saw lower-than-predicted increases, the report said.
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