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Avior Wealth Management LLC grew its position in Franklin Limited Duration Income Trust ( NYSEAMERICAN:FTF – Free Report ) by 30.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,665 shares of the company’s stock after buying an additional 5,557 shares during the quarter. Avior Wealth Management LLC’s holdings in Franklin Limited Duration Income Trust were worth $158,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also made changes to their positions in FTF. Pathstone Holdings LLC boosted its stake in shares of Franklin Limited Duration Income Trust by 20.6% during the third quarter. Pathstone Holdings LLC now owns 1,758,725 shares of the company’s stock valued at $11,731,000 after purchasing an additional 300,528 shares in the last quarter. Covenant Partners LLC bought a new stake in Franklin Limited Duration Income Trust during the 3rd quarter valued at $69,000. SeaCrest Wealth Management LLC increased its holdings in shares of Franklin Limited Duration Income Trust by 5.9% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 44,561 shares of the company’s stock valued at $297,000 after acquiring an additional 2,498 shares during the period. Oliver Lagore Vanvalin Investment Group raised its position in shares of Franklin Limited Duration Income Trust by 15.7% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 12,519 shares of the company’s stock worth $79,000 after acquiring an additional 1,700 shares in the last quarter. Finally, Choreo LLC purchased a new stake in shares of Franklin Limited Duration Income Trust during the 2nd quarter worth $85,000. Franklin Limited Duration Income Trust Stock Performance FTF opened at $6.60 on Friday. Franklin Limited Duration Income Trust has a 1 year low of $6.08 and a 1 year high of $6.83. Franklin Limited Duration Income Trust Dividend Announcement About Franklin Limited Duration Income Trust ( Free Report ) Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the fixed income markets of the United States. The fund primarily invests in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds. Featured Articles Receive News & Ratings for Franklin Limited Duration Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Limited Duration Income Trust and related companies with MarketBeat.com's FREE daily email newsletter .Commerce Bank raised its stake in PACCAR Inc ( NASDAQ:PCAR – Free Report ) by 3.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,202 shares of the company’s stock after purchasing an additional 981 shares during the quarter. Commerce Bank’s holdings in PACCAR were worth $2,684,000 at the end of the most recent reporting period. A number of other institutional investors have also modified their holdings of PCAR. Shell Asset Management Co. purchased a new position in PACCAR during the first quarter worth about $414,000. CreativeOne Wealth LLC purchased a new position in shares of PACCAR during the 1st quarter worth approximately $404,000. Advisors Asset Management Inc. lifted its holdings in shares of PACCAR by 43.5% in the 1st quarter. Advisors Asset Management Inc. now owns 16,913 shares of the company’s stock valued at $2,095,000 after buying an additional 5,129 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of PACCAR in the first quarter valued at approximately $534,000. Finally, LRI Investments LLC purchased a new stake in shares of PACCAR in the first quarter valued at approximately $65,000. Institutional investors and hedge funds own 64.90% of the company’s stock. Insiders Place Their Bets In related news, CFO Harrie Schippers sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $106.93, for a total value of $2,138,600.00. Following the sale, the chief financial officer now directly owns 105,558 shares of the company’s stock, valued at approximately $11,287,316.94. This trade represents a 15.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, CEO R Preston Feight sold 27,191 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $103.52, for a total transaction of $2,814,812.32. Following the completion of the sale, the chief executive officer now owns 171,776 shares of the company’s stock, valued at approximately $17,782,251.52. The trade was a 13.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last three months, insiders sold 60,315 shares of company stock valued at $6,358,552. Company insiders own 2.02% of the company’s stock. Wall Street Analysts Forecast Growth Check Out Our Latest Stock Analysis on PACCAR PACCAR Stock Performance PACCAR stock opened at $114.75 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.03 and a current ratio of 1.25. PACCAR Inc has a fifty-two week low of $90.04 and a fifty-two week high of $125.50. The stock has a fifty day moving average of $105.77 and a two-hundred day moving average of $103.02. The company has a market capitalization of $60.16 billion, a price-to-earnings ratio of 12.82, a PEG ratio of 1.79 and a beta of 0.89. PACCAR ( NASDAQ:PCAR – Get Free Report ) last announced its earnings results on Tuesday, October 22nd. The company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.82 by $0.03. PACCAR had a net margin of 13.51% and a return on equity of 27.24%. The firm had revenue of $8.24 billion during the quarter, compared to the consensus estimate of $7.66 billion. During the same quarter in the previous year, the company posted $2.34 EPS. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. On average, analysts anticipate that PACCAR Inc will post 7.98 EPS for the current fiscal year. PACCAR Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 13th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 13th. This represents a $1.20 dividend on an annualized basis and a yield of 1.05%. PACCAR’s dividend payout ratio (DPR) is currently 13.41%. About PACCAR ( Free Report ) PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods. See Also Receive News & Ratings for PACCAR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PACCAR and related companies with MarketBeat.com's FREE daily email newsletter .VIVOTEK Wins Double Honors for Its Commitment to Sustainability
Black Friday sales 2024: Best gaming laptop deals, PS5 Slim, Switch games and more - HardwareZoneFor more information and to sign up for the public demo, please visit the official website of "From The Forgotten" at www.fromtheforgotten.com.It is worth noting that one player on this exclusive list has surpassed the 650-appearances mark, further highlighting the rarity and prestige of this achievement. Each additional appearance is a testament to the player's enduring quality and enduring impact on the game.
FAIRMONT, W.Va.--(BUSINESS WIRE)--Nov 21, 2024-- MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB,” or the “Company”) has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend declared in the previous quarter for shareholders of record as of December 1, 2024, payable on December 15, 2024. This is the fourth quarterly dividend for 2024. “We are pleased to continue to add value for our shareholders and encouraged by the adaptability of Team MVB and the resilience of our business model,” said Larry F. Mazza, Chief Executive Officer, MVB Financial. “MVB’s foundational strength remains intact, evidenced by stable asset quality, an enhanced capital base and growth in tangible book value per share. We are increasingly well-positioned for future growth and improved profitability.” MVB Financial Corp., the holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker “MVBF.” Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its subsidiary, MVB Bank, Inc., and the Bank's subsidiaries, the Company provides banking services to Fintech clients throughout the United States. For more information about MVB, please visit . MVB Financial has made forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, in this press release that are intended to be covered by the protections provided under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations about the future and are subject to risks and uncertainties. Forward-looking statements include, without limitation, information concerning possible or assumed future results of operations of the Company and its subsidiaries. Forward-looking statements can be identified by the use of words such as “may,” “could,” “should,” “would,” “will,” “plans,” “believes,” “estimates,” “expects,” “anticipates,” “intends,” “continues,” or the negative of those terms or similar expressions. Note that many factors could affect the future financial results of the Company and its subsidiaries, both individually and collectively, and could cause those results to differ materially from those expressed in forward-looking statements. Therefore, undue reliance should not be placed upon any forward-looking statements. Those factors include but are not limited to: market, economic, operational, liquidity, and credit risk; changes in market interest rates; impacts related to or resulting from recent bank failures and volatility; inability to achieve anticipated synergies and successfully integrate recent mergers and acquisitions; inability to successfully execute business plans, including strategies related to investments in Fintech companies; competition; the pace of recovery following the continued effects of the COVID-19 pandemic and its impact on the Company’s business and financial condition; changes in economic, business, and political conditions; changes in demand for loan products and deposit flow; operational risks and risk management failures; and government regulation and supervision. Additional factors that may cause actual results to differ materially from those described in the forward-looking statements can be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, as well as its other filings with the Securities and Exchange Commission (“SEC”), which are available on the SEC’s website at . Except as required by law, the Company disclaims any obligation to update, revise, or correct any forward-looking statements. View source version on : CONTACT: MEDIA CONTACT Amy Baker VP, Corporate Communications and Marketing MVB Bank (844) 682-2265INVESTOR RELATIONS Marcie Lipscomb (844) 682-2265 KEYWORD: WEST VIRGINIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: MVB Financial Corp. Copyright Business Wire 2024. PUB: 11/21/2024 04:30 PM/DISC: 11/21/2024 04:30 PM
Beijing, China, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Sitting in his office in Madrid, Roberto A Paneque Fonseca's thoughts drift thousands of miles across the vast Atlantic Ocean to his home country of Cuba, grappling with a severe blackout that had profoundly affected the lives of its residents. Despite the distance, Fonseca felt an urgent need to take action and find a way to illuminate the homes of those in Cuba. Just then, his cellphone buzzed with a flurry of calls from Chinese companies which expressed a willingness to provide solar kits, presenting a potential solution to the crisis. Cuba has never lacked sunshine - the brilliant rays of the sun imbue Cubans with a passionate and vibrant spirit, lively dance moves and music, and high-saturation colorful architecture. Now, Cubans can benefit anew from this blessing by harnessing solar energy to brighten their lives. In recent years, the Cuban government has actively promoted energy transition policies aimed at reducing dependence on fossil fuels and increasing the share of renewable energy in the national energy structure. The Cuban government plans to invest $3.5 billion over the next 15 years to develop renewable energy, with a target to raise the proportion of renewable energy to 24 percent by 2030, according to the International Renewable Energy Agency. China's photovoltaic products and technology have become a solution to this vision, helping improve Cuba's power supply capacity and reduce its reliance on fossil fuels. Find the path The solar energy technologies are not new to Fonseca, the president of the Robert A Paneque Foundation, in Spain, who had his first contact with the technologies back in 1975 when he frequently visited a solar panel and inverter factory run by a Spanish businessman in Havana. He believed that the solar kits could work in Cuba. "After all these calls from Chinese company executives, I began to investigate the demand and find out about the high demand throughout Cuba for solar panels, batteries, chargers, charge controllers, inverters, wind turbines, and other elements that make up the solar kits," he said. He then quickly contacted several Cuban engineers and technicians and they made up a group on a social network where they discussed the possibility of being able to produce all this equipment and devices in Cuba. "Due to our isolation from the outside world, if Cuba's National Electrical Grid continues to fail frequently, hundreds of thousands of Cuban families and companies would suffer a brutal impact on their standard of living and operation due to the lack of energy, electricity," he said. However, it is not easy to accomplish this mission, starting from the basic purchase of essentials, which is straightforward in most other countries. "Any consumer in most parts of the world can buy almost anything online and receive it within hours or days. However, the situation for Cuban consumers is entirely different. The inhumane economic and financial blockade exacerbates the already significant challenges of transporting goods to Cuba via air and sea, which raises costs by 120 percent for solar photovoltaic and wind energy systems," Fonseca explained. On top of this, there is a critical issue: When any of this sensitive equipment fails due to voltage and frequency fluctuations in Cuba's National Electric System, breakdowns and damage become a persistent problem. According to him, it is nearly impossible for customers to repair or replace the damaged equipment necessary to continue benefiting from solar or wind energy. Technicians are also unable to fix inverters, panels, or batteries due to the lack of electronic components, spare parts, and other essential materials. To find a way out and given the compelling and urgent need to put together a "Made in Cuba" solar kit, the first option they turned to was Chinese producers. "We went to those companies' website according to their specialty, and found the different circuits, components, electronic boards, circuits, elements, parts and pieces that we needed to be able to assemble our Cuban solar kit," he introduced. Fonseca made the goal clear to his team - he wanted the solar kit to be as simple as possible: A solar panel, an inverter, and a battery. After getting those components, they began assembling the inverter among this group of Cuban engineers and technicians who are experts in solar energy and at the same time were receiving advice from Chinese specialists. According to him, an important reason for using Chinese technology is its affordability and high cost-efficient. The fundamental idea is that this Cuban solar kit with Chinese technology does not exceed the production price of $150 dollars, with a maximum of $200, and that it has a power capacity of at least 1,500 watts, which is made up of at least one solar panel of minimum 500w, a 1.5kw inverter, and a battery of minimum 12 volts and 100 amps. "A kit with these characteristics would allow a Cuban family to have two or three LED lights on, charge two or three mobile phones, watch TV, listen to the radio and especially keep the refrigerator working to preserve perishable food," he said. Pass the torch In a barren field outside a village in western Cuba's Pinar del Río Province, rows of photovoltaic panels stand in quiet order. These blue "mirrors," bathed in sunlight, convert solar energy into a steady stream of clean electricity. This is Cuba's first solar power station project designed, procured, and constructed as an integrated initiative by the Chinese government. Officially handed over to the Cuban government in April 2018, the station represents a milestone in international cooperation, according to the website of POWERCHINA, a Chinese state-owned design and construction company. Once operational, the station could supply electricity to 20,000 residents. Additionally, it replaces part of the oil-fired power plants, reducing carbon dioxide emissions, and setting an example for Cuba's pursuit of clean energy and a low-carbon economy. To help address Cuba's energy challenges, China's Ministry of Commerce initiated this photovoltaic assistance project. The Chinese side provided technical and equipment support, while the Cuban side supplied labor and some construction materials. This cooperative model not only delivers urgently needed clean energy, but also creates employment opportunities for Cubans, the Global Times learned from the POWERCHINA Chengdu Engineering Corporation Limited, the builder of the project. Zhou Shaoping, the deputy manager of the project, was among the first batch of Chinese engineers and workers to arrive in Cuba. He told the Global Times that due to international circumstances and sanctions, Cuba faces significant economic challenges. "Power outages are a daily occurrence. But here, where temperatures reach 40 C at noon, living without electricity is extremely difficult," Zhou said. However, the region's abundant solar resources make it an ideal location for solar power generation. "Beyond using Chinese-standard equipment and technology, we fully shared our expertise and helped Cuban colleagues enhance their skills through hands-on training. By the end of the project, the Cuban side was capable of operating the facility independently," Zhou noted. Touch the dream In the pursuit of a green and low-carbon dream, every individual and every nation stands as equals. Beside the photovoltaic power station in Pinar del Río, González, a local resident, runs a small restaurant. His life has taken a turn for the better thanks to the electricity generated here. "In the past, Cuba's electricity supply mainly relied on oil-fired power plants, and frequent blackouts caused by fuel shortages made it hard to do business. Now, that's no longer a concern. Blackouts are much less frequent, and business is improving," he said. For practitioners like Fonseca, there are many plans for the future, even bold ideas. He envisions a future where the integration of Chinese technology into Cuban homes and offices through solar kits could revolutionize energy distribution. Thus, it would benefit thousands who cannot afford such technology by generating savings in fossil fuel for Cuba's national electrical system. "This is a dream; however, we are confident that with Chinese technology, everything is possible in the world we live in today," he said. Between the governments, progress is still ongoing. On December 12, the two sides signed a contract for China's government-assisted project to provide 35 megawatts of solar photovoltaic equipment to Cuba. The project plans to build seven photovoltaic power stations in six Cuban provinces, which are expected to save Cuba approximately 18,000 tons of fuel annually, equivalent to about $7 million, according to China's Ministry of Foreign Affairs. In June, three China-assisted power stations were connected to Cuba's national grid, generating a total of around 60,000 kilowatt-hours of electricity daily and benefiting an estimated 25,000 power-deficient households, the Xinhua News Agency reported. "For a practitioner in the new energy industry, being able to use my abilities to help more people get on this fast train is my green dream," Zhou said. View original content: https://www.globaltimes.cn/page/202412/1325636.shtml . Company: Global Times Contact Person: Xie Wenting Email: xiewenting@globaltimes.com.cn Website: https://www.globaltimes.cn/ Telephone: 18605648116 City: Beijing Disclaimer: The opinions expressed in this article are those of the author and do not necessarily reflect the views or positions of KISS PR or its partners. This content is provided for informational purposes only and should not be construed as legal, financial, or professional advice. KISS PR makes no representations as to the accuracy, completeness, correctness, suitability, or validity of any information in this article and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.
Picket line blocks bus from Woolworths’ warehouse despite Fair Work ruling
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Seasonal Jobs Shift to Fulfillment Centers as Consumers Shop OnlineFrancesco Totti, the legendary Roma forward, is a prime example of a player who embodied all of these qualities. Totti's unparalleled skill, vision, and leadership on the pitch made him a true icon of Italian football. His loyalty to Roma, where he spent his entire career, further exemplifies the dedication and passion required to reach 600 appearances in Serie A.