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Lebenthal Global Advisors LLC lifted its stake in shares of Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) by 6.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,701 shares of the e-commerce giant’s stock after buying an additional 663 shares during the quarter. Lebenthal Global Advisors LLC’s holdings in Amazon.com were worth $1,994,000 as of its most recent filing with the SEC. Several other hedge funds have also modified their holdings of the stock. Legal & General Group Plc raised its holdings in shares of Amazon.com by 1.5% during the 2nd quarter. Legal & General Group Plc now owns 69,686,374 shares of the e-commerce giant’s stock valued at $13,466,933,000 after buying an additional 1,042,177 shares during the period. Bank of New York Mellon Corp grew its stake in Amazon.com by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 67,745,972 shares of the e-commerce giant’s stock valued at $13,091,909,000 after purchasing an additional 289,532 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Amazon.com by 3.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 40,973,804 shares of the e-commerce giant’s stock valued at $7,917,906,000 after purchasing an additional 1,329,150 shares in the last quarter. International Assets Investment Management LLC grew its stake in Amazon.com by 20,897.2% during the 3rd quarter. International Assets Investment Management LLC now owns 39,135,449 shares of the e-commerce giant’s stock valued at $72,921,080,000 after purchasing an additional 38,949,065 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in Amazon.com by 1.5% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 31,883,977 shares of the e-commerce giant’s stock valued at $6,161,579,000 after purchasing an additional 464,938 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors. Amazon.com Stock Up 2.9 % AMZN opened at $227.03 on Friday. Amazon.com, Inc. has a one year low of $143.64 and a one year high of $227.15. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The stock’s fifty day moving average is $197.39 and its 200-day moving average is $188.12. The company has a market capitalization of $2.39 trillion, a PE ratio of 48.61, a P/E/G ratio of 1.46 and a beta of 1.16. Analysts Set New Price Targets A number of equities research analysts have weighed in on AMZN shares. Pivotal Research started coverage on Amazon.com in a research note on Friday, October 11th. They set a “buy” rating and a $260.00 price objective for the company. Moffett Nathanson lifted their target price on Amazon.com from $235.00 to $248.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Stifel Nicolaus lifted their target price on Amazon.com from $224.00 to $245.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Morgan Stanley lifted their target price on Amazon.com from $210.00 to $230.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $250.00 target price on shares of Amazon.com in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $236.20. Read Our Latest Research Report on AMZN Insider Buying and Selling In related news, CEO Matthew S. Garman sold 15,260 shares of Amazon.com stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $200.19, for a total value of $3,054,899.40. Following the transaction, the chief executive officer now directly owns 349,261 shares in the company, valued at $69,918,559.59. The trade was a 4.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link . Also, SVP David Zapolsky sold 2,190 shares of Amazon.com stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total value of $427,050.00. Following the completion of the transaction, the senior vice president now owns 62,420 shares in the company, valued at $12,171,900. The trade was a 3.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 6,030,183 shares of company stock worth $1,252,883,795 in the last three months. 10.80% of the stock is currently owned by insiders. Amazon.com Company Profile ( Free Report ) Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content. Featured Articles Five stocks we like better than Amazon.com What Does Downgrade Mean in Investing? Fast-Growing Companies That Are Still Undervalued How to Plot Fibonacci Price Inflection Levels Top Cybersecurity Stock Picks for 2025 Why Are Stock Sectors Important to Successful Investing? Archer or Joby: Which Aviation Company Might Rise Fastest? 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AMESBURY, Mass. , Dec. 2, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (Nasdaq:PVBC), the holding company for BankProv (the "Bank"), today announced that its Board of Directors has adopted a new stock repurchase program. Under the repurchase program, the Company may repurchase up to 883,366 shares of its common stock, or approximately five percent of the current outstanding shares. The repurchase program was adopted following the receipt of non-objection from the Federal Reserve Bank of Boston . The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. Repurchases will be made at management's discretion at prices management considers to be attractive and in the best interests of both the Company and its stockholders, subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company's financial performance. Open market purchases will be conducted in accordance with the limitations set forth in Rule 10b -18 of the Securities and Exchange Commission and other applicable legal requirements. The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the Company to purchase any particular number of shares. About Provident Bancorp, Inc. Provident Bancorp, Inc. (NASDAQ:PVBC) is the holding company for BankProv, a full-service commercial bank headquartered in Massachusetts . With retail branches in the Seacoast Region of Northeastern Massachusetts and New Hampshire , as well as commercial banking offices in the Manchester / Concord market in Central New Hampshire , BankProv delivers a unique combination of traditional banking services and innovative financial solutions to its markets. Founded in Amesbury, Massachusetts in 1828, BankProv holds the honor of being the 10th oldest bank in the nation. The Bank insures 100% of deposits through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). For more information, visit bankprov.com . Forward-Looking Statements This news release may contain certain forward-looking statements, such as statements of the Company's or the Bank's plans, objectives, expectations, estimates and intentions. Forward-looking statements may be identified by the use of words such as, "expects," "subject," "believe," "will," "intends," "may," "will be" or "would." These statements are subject to change based on various important factors (some of which are beyond the Company's or the Bank's control), and actual results may differ materially. Accordingly, readers should not place undue reliance on any forward-looking statements (which reflect management's analysis of factors only as of the date on which they are given). These factors include: general economic conditions; interest rates; inflation; levels of unemployment; legislative, regulatory and accounting changes; monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve Bank; deposit flows; our ability to access cost-effective funding; changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio; changes in consumer spending, borrowing and savings habits; competition; our ability to successfully shift the balance sheet to that of a traditional community bank; real estate values in the market area; loan demand; the adequacy of our level and methodology for calculating our allowance for credit losses; changes in the quality of our loan and securities portfolios; the ability of our borrowers to repay their loans; our ability to retain key employees; failures or breaches of our IT systems, including cyberattacks; the failure to maintain current technologies; the ability of the Company or the Bank to effectively manage its growth; global and national war and terrorism; the impact of the COVID-19 pandemic or any other pandemic on our operations and financial results and those of our customers; and results of regulatory examinations, among other factors. The foregoing list of important factors is not exclusive. Readers should carefully review the risk factors described in other documents that the Company files from time to time with the Securities and Exchange Commission, including Annual and Quarterly Reports on Forms 10-K and 10-Q, and Current Reports on Form 8-K. Investor contact: Joseph Reilly President and Chief Executive Officer Provident Bancorp, Inc. jreilly@bankprov.com View original content to download multimedia: https://www.prnewswire.com/news-releases/provident-bancorp-inc-adopts-stock-repurchase-program-302320082.html SOURCE Provident Bancorp, Inc.
Technological Innovation Leading a New Era, LongServing Technology Launches the World's First Artificial Synthetic Jade 11-25-2024 06:58 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Getnews / PR Agency: SHENZHEN HMEDIUM INFORMATION TECHNOLOGY CO.,LTD Taiwan's LongServing Technology Co., Ltd. recently announced the successful development of the world's first artificial synthetic jade. This groundbreaking achievement, led by founder Dr. Ko-Cheng Fang, marks a significant advancement in gem synthesis technology. This globally exclusive technology will bring new possibilities and choices to the jewelry market, with its debut at the 32nd JMA Hong Kong International Jewelry Festival. Image: https://www.getnews.info/uploads/547a7ccda096fbb7f0c17a2b8930d5c1.jpg Founder of Long S erving Technology, Dr. Ko-Cheng Fang , featured on the cover of an American magazine. Source: Long S erving Technology Co., Ltd. Dr. Ko-Cheng Fang, as a pioneering innovator who combines artistry with science, has not only received the 2023 Golden Image Award (Taiwan Quality Assurance), the 2023 Golden Peak Award (Outstanding Model) & (Outstanding Innovation and R&D), and the 2022 Golden Torch Award (Innovative Design), but has also won multiple international invention awards. In 2015, he was awarded an honorary doctorate from the International American University in the U.S. for his outstanding contributions and received a lifetime achievement award. His latest honor is being featured on the cover of the 2024 Semiconductor Review magazine, further proving LongServing's leadership in the industry. For many years, Dr. Ko-Cheng Fang has dedicated himself to researching jewelry-grade synthetic jade, successfully analyzing the composition of pyroxene minerals in 2011. According to Dr. Ko-Cheng Fang, the announcement by the Myanmar government in 2021 to halt the mining of natural jade created the perfect opportunity for the development of synthetic jade. As the demand for high-quality jade increases, the supply of flawless old pit varieties of jade has become increasingly scarce, with values soaring into the millions of RMB. In response, Dr. Ko-Cheng Fang decided to develop a new product that is both competitively priced and accessible to a wider audience. Image: https://www.getnews.info/uploads/dd29636cfc4f1e5d10ccbfe8d3e31ed7.jpg Long S erving Technology launches the world's first artificial synthetic jade. Source: Long S erving Technology Co., Ltd. The newly launched gem is a meticulously designed coexistence mineral of "sodium feldspar jade and pyroxene jade," which not only rivals the appearance of imperial green jade but also retains the characteristics of natural jade. Through excellent design and unique manufacturing techniques, these synthetic jades possess a hardness rating of 6 to 7 and display vibrant colors and dazzling features. To ensure the authenticity and quality of the products, LongServing Technology employs multiple testing methods, including the Charles filter and ultraviolet light, to confirm that their products are free of dyes and inferior components, meeting international inspection standards and providing consumers with reliable quality assurance. Image: https://www.getnews.info/uploads/626d7b6cbae88141facd00d54003c478.jpg Through the development of artificial synthetic jade, the supply-demand imbalance in the natural jade market will be improved. Source: Long S erving Technology Co., Ltd. Through the development of artificial synthetic jade, LongServing aims to address the supply-demand imbalance in the natural jade market. Dr. Ko-Cheng Fang stated that the successful launch of synthetic jade will not only alleviate the tight supply of natural jade but will also become a new favorite for investment and collection. In the future, LongServing Technology will continue to focus on developing more innovative products to enhance the quality of human life and promote sustainable industry development. For more information, visit the LongServing website: http://longserving.com.tw/ LongServing Synthetic Jade Jewelry Store - Taipei Nanjing Fuxing - Flagship Store (LongServing Cultural Center): https://g.co/kgs/SBvCzwE Video: https://www.youtube.com/embed/HNZOT_UyOBI Video Embed: https://www.youtube.com/watch?v=HNZOT_UyOBI Media Contact Company Name: LongServing Technology Co., Ltd Contact Person: TSAI, CHI-DIAN Email: Send Email [ http://www.universalpressrelease.com/?pr=technological-innovation-leading-a-new-era-longserving-technology-launches-the-worlds-first-artificial-synthetic-jade ] Country: Taiwan Website: http://longserving.com.tw/ This release was published on openPR.The midseason four-game winning streak that lifted the Arizona Cardinals into the playoff picture seemed as though it happened fast. Their subsequent free fall has been even more jarring. The Cardinals could have moved into a tie for first place in the NFC West with a home win over the Seattle Seahawks on Sunday. Instead, they were thoroughly outplayed in a 30-18 loss and are now tied for last in the tightly packed division. Arizona has lost three straight and will face an uphill battle to return to the playoffs for the first time since 2021. The Seahawks (8-5) are in first place, followed by the Rams (7-6), Cardinals (6-7) and 49ers (6-7). Even more daunting for their playoff hopes, the Cardinals lost both of their games against the Seahawks this season, meaning a tiebreaker would go to Seattle. Four games remain. “I just told them we put ourselves in a little bit of a hole now, but all you can do is attack tomorrow, learn tomorrow and have a good week of practice,” second-year coach Jonathan Gannon said. There are plenty of reasons the Cardinals lost to the Seahawks, including Kyler Murray's two interceptions, a handful of holding penalties, a porous run defense and a brutal missed field goal. It all adds up to the fact Arizona is playing its worst football of the season at a time when it needed its best. “I’m sure we’ll stick to our process, but we have to tweak some things,” Gannon said. "I have to tweak some things.” It's probably faint praise, but the Cardinals did make the game interesting in the second half while trying to fight back from a 27-10 deficit. Murray's shovel pass to James Conner for a 2-yard touchdown and subsequent 2-point conversion cut the margin to 27-18. The Cardinals had a chance to make it a one-score contest early in the fourth quarter, but Chad Ryland's 40-yard field goal attempt bounced off the left upright. “I thought we spotted them a lot of points there, but then we battled back,” Gannon said. “I appreciate their effort. That was good. We battled back there, had a couple chances to even cut the lead a little more, but ultimately didn’t get it done." Murray's in a bit of a mini-slump after throwing two interceptions in back-to-back games for the first time in his career. He also didn't do much in the run game against the Seahawks, with 16 yards on three carries. The quarterback's decision-making was nearly flawless for much of the season and the Cardinals need that good judgment to return. “I’m not looking at it like I have to try to be Superman,” Murray said. “I don’t think that’s the answer. I just need to play within the offense like we’ve done for the majority of the season. Today, I didn’t. Like I said, throwing two picks puts yourself behind the eight ball.” Said Gannon: “I thought he stuck in there and made some big time throws, though, but he has to protect the ball a little bit better. That’s not just him, that’s all 11. So there’ll be a lot of corrections off those plays." The defense didn't have its best day, but it's not Budda Baker's fault. The two-time All-Pro safety is having another phenomenal season and was all over the field against the Seahawks, finishing with 18 tackles. Baker's energy is relentless and he's the unquestioned leader of a group that has been better than expected this season, even with Sunday's mediocre performance. Left tackle Paris Johnson Jr. had a tough day, getting flagged for holding three times, though one of those penalties was declined by the Seahawks. The second-year player moved from right tackle to the left side during the offseason and the transition has gone well, but Sunday was a step backward. The Cardinals remain fairly healthy. DL Roy Lopez (ankle) and P Blake Gillikin (ankle) left Sunday's game, but neither injury is expected to be long term. 9 — It looks as if the Cardinals will go a ninth straight season without winning the NFC West. The last time they won the division was 2015 with coach Bruce Arians and a core offense of quarterback Carson Palmer, running back David Johnson and receiver Larry Fitzgerald. The Cardinals are in must-win territory now for any chance at the playoffs. They'll host the New England Patriots on Sunday. AP NFL: https://apnews.com/hub/NFL
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PHILADELPHIA — Get ready for Operation Snowball. The Philly Specials are planning to raise enough money with the new Eagles Christmas album to give every student in the School District of Philadelphia a gift this holiday season. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get the latest sports news delivered right to your inbox six days a week.Iowa followed its lowest-scoring game of the season with a 110-point eruption the next time out. The Hawkeyes will be one week removed from that scorching effort when they host Northwestern in Tuesday's Big Ten opener in Iowa City, but rust won't be the only roadblock for a potential repeat showing. Iowa (6-1) also is bracing for stiffer competition in conference play while navigating an injury to Seydou Traore. The reserve forward suffered a sprained ankle midway through the first half of a 110-77 home rout of South Carolina Upstate on Nov. 26. Also missing frontcourt contributors Even Brauns and Cooper Koch, the Hawkeyes still flexed their resilience and depth. Brock Harding notched a double-double of 20 points and 10 rebounds and Owen Freeman netted 17 points as five Iowa players scored in double figures. "Coming off a loss, going into Thanksgiving break here, we've got a couple days off coming, it'd be easy to kinda (think), ‘All right, let's relax for this one, guys sit out,'" Harding said. "But I think we really locked in." Northwestern (6-2) overcame 40.8 percent shooting to defeat UNLV 66-61 in the third-place game of the Arizona Tip-Off on Friday in Tempe, Ariz. Brooks Barnhizer, a preseason All-Big Ten pick who was sidelined by a foot injury during the Wildcats' first four games, had team highs of 23 points, nine rebounds and six assists. He has scored at least 20 points in three of four games. Northwestern limited UNLV to a 42.1 percent effort from the floor. Matthew Nicholson propelled the defense with two of the Wildcats' seven steals to go with two blocks. "We're a defensive-minded team and, you know, our identity is just getting stops," Barnhizer said. "Everything else will take care of itself. So, the older guys were trying to come out here and do that tonight and I think we did a pretty good job of it." Strong ‘D' helped Northwestern's ball movement, too, as the Wildcats assisted on 15 of 20 made field goals. Northwestern went 8-for-18 (44.4 percent) from long range to improve to 3-0 this season when connecting on 40 percent of its 3-point shots or better. --Field Level Media
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