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Empowered Funds LLC lifted its holdings in Teck Resources Limited ( NYSE:TECK – Free Report ) (TSE:TECK) by 3.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,607 shares of the basic materials company’s stock after acquiring an additional 707 shares during the quarter. Empowered Funds LLC’s holdings in Teck Resources were worth $1,129,000 at the end of the most recent reporting period. Other large investors have also bought and sold shares of the company. Headlands Technologies LLC acquired a new position in Teck Resources in the second quarter worth $38,000. Eastern Bank acquired a new position in Teck Resources during the 3rd quarter worth about $39,000. Bruce G. Allen Investments LLC increased its position in Teck Resources by 77.4% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 878 shares of the basic materials company’s stock valued at $46,000 after acquiring an additional 383 shares in the last quarter. Blue Trust Inc. increased its position in Teck Resources by 583.1% in the 2nd quarter. Blue Trust Inc. now owns 1,052 shares of the basic materials company’s stock valued at $48,000 after acquiring an additional 898 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its stake in shares of Teck Resources by 69.7% in the third quarter. Massmutual Trust Co. FSB ADV now owns 996 shares of the basic materials company’s stock worth $52,000 after acquiring an additional 409 shares during the last quarter. 78.06% of the stock is currently owned by institutional investors. Teck Resources Trading Down 0.8 % TECK opened at $46.81 on Friday. The firm’s fifty day moving average is $48.89 and its two-hundred day moving average is $48.60. The firm has a market cap of $23.55 billion, a PE ratio of 70.74 and a beta of 1.04. Teck Resources Limited has a twelve month low of $35.25 and a twelve month high of $55.13. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.35 and a current ratio of 2.92. Teck Resources Cuts Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.0895 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Friday, December 13th. Teck Resources’s dividend payout ratio (DPR) is presently 56.06%. Analysts Set New Price Targets Several analysts have recently commented on the stock. Scotiabank increased their price target on shares of Teck Resources from $78.00 to $79.00 and gave the company a “sector outperform” rating in a research note on Tuesday, October 8th. UBS Group cut Teck Resources from a “buy” rating to a “neutral” rating in a research note on Monday, November 11th. JPMorgan Chase & Co. cut their price target on Teck Resources from $57.00 to $55.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Deutsche Bank Aktiengesellschaft lowered Teck Resources from a “buy” rating to a “hold” rating and set a $50.00 price objective for the company. in a research report on Friday, October 25th. Finally, Citigroup upgraded shares of Teck Resources to a “hold” rating in a research report on Wednesday, October 2nd. Five analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.29. View Our Latest Stock Analysis on Teck Resources Teck Resources Profile ( Free Report ) Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen. Recommended Stories Receive News & Ratings for Teck Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teck Resources and related companies with MarketBeat.com's FREE daily email newsletter .CHICAGO , Dec. 27, 2024 /PRNewswire/ -- PEAK6 Investments LLC ("PEAK6") today announced that, effective January 1, 2025 , it will move its global headquarters from its current location in Chicago, Illinois to the company's existing office in Austin, Texas , which it established in 2021. PEAK6 affiliates PEAK6 Group LLC, PEAK6 Strategic Capital LLC, PEAK6 APX Holdings LLC and PEAK6 LLC will also relocate their global headquarters to Austin . PEAK6 will maintain its office in Chicago . " Texas has been a cornerstone of PEAK6's growth for over a decade," said PEAK6 Co-Founder and Co-CEO, Matt Hulsizer , who continued, "With the majority of our talented workforce now based in Texas and Austin emerging as our largest office, moving our headquarters was an important decision to be closer to our team. We're excited for the next chapter of PEAK6 that will be written from our new headquarters." Austin's unique blend of creativity, technology and culture provides the ideal environment for PEAK6. The city's highly educated workforce, business climate, and strong entrepreneurial spirit have enabled us to attract top talent and drive innovation. About PEAK6 PEAK6 uses technology to find a better way of doing things. The company's first tech-based solution was developed in 1997 to optimize options trading, and over the past two decades, the same formula has been used across a range of industries, asset classes, and business stages to consistently deliver superior results. Today, PEAK6 seeks transformational opportunities to provide capital and strategic support to entrepreneurs and forward-thinking businesses. PEAK6's core brands include PEAK6 Capital Management, PEAK6 Strategic Capital, Apex Fintech Solutions, We Insure, FOCUS, Zogo, Evil Geniuses and Poker Power. View original content to download multimedia: https://www.prnewswire.com/news-releases/peak6-to-relocate-global-headquarters-to-austin-texas-302339437.html SOURCE PEAK6 InvestmentsWhat Snoop wants: Arizona Bowl gives NIL opportunities to players for Colorado State, Miami (Ohio)
LETHBRIDGE, Alta. — Alberta's Opposition NDP says a decision not to mail out voter registration cards due to the Canada Post strike could hurt turnout in a provincial byelection that is set for a week before Christmas. The NDP’s executive director, in a letter to chief electoral officer Gordon McClure, says the registration cards are "one of the few remaining supports provided by Elections Alberta to promote access to democracy." The cards let voters know when and how they can vote. Premier Danielle Smith announced last week that the byelection for Lethbridge-West would be held Dec. 18, to fill the vacancy that opened when former NDP legislature member Shannon Phillips resigned July 1. NDP Leader Naheed Nenshi had urged Smith to call the byelection earlier, as both NDP and the governing United Conservative Party candidates have been in place since September. Alberta Elections notes on its website that due to the Canada Post strike, "Where to Vote" cards will not be mailed to electors, and it warns that in the event of a continuing strike electors choosing to vote by special ballot may have to use other ways to send them in, such as a courier. NDP executive director Garett Spelliscy, in the letter, says that’s not good enough. He says the NDP wants Elections Alberta to conduct "robust voter outreach," which could include billboards, road signs, radio ads and a phone and text campaign. "Byelections tend to have lower voter turnout. The premier’s cynical decision for a winter election so close to Christmas and Hanukkah risks an even lower than typical turnout," Spelliscy said in the letter posted on social media late Monday. Spelliscy said a plan by Elections Alberta to issue social media posts and ads through the Lethbridge Herald newspaper "is constructive, but woefully inadequate." He noted seniors are less likely to access information through social media. The outcome of the byelection won’t affect the government, as the UCP currently has 49 seats in the 87-seat legislature compared with 37 for the NDP. The NDP candidate is Rob Miyashiro, while the UCP banner is carried by John Middleton-Hope. This report by The Canadian Press was first published Nov. 25, 2024. The Canadian Press
By PETER SMITH A social-media tribute to Coptic Christians. A billboard in Amish country. A visit to a revered Jewish gravesite. While Donald Trump’s lock on the white evangelical vote is legendary, he and his campaign allies also wooed smaller religious groups, far from the mainstream. As it turned out, Trump won by decisive margins, but his campaign aggressively courted niche communities with the understanding that every vote could be critical, particularly in swing states. Voter surveys such as exit polls, which canvass broad swaths of the electorate, aren’t able to gauge the impact of such microtargeting, but some backers say the effort was worth it. Just one week before the election, Trump directed a post on the social-media platform X to Coptic Christians in the United States —- whose church has ancient roots in Egypt. He saluted their “Steadfast Faith in God, Perseverance through Centuries of Persecution and Love for this Great Country.” “This was the first time seeing a major U.S. presidential candidate address the community in this manner,” said Mariam Wahba, a Coptic Christian and research analyst with the Foundation for Defense of Democracies, a Washington-based research institute. “It was really a profound moment.” She said many Copts share the conservative social views of other Christian groups in the Republican constituency, and they may already have been Trump supporters. But the posting reinforced those bonds. Coptic bishops sent the president-elect congratulations after his victory and cited their “shared social and family values.” Some Assyrian Christians — another faith group with Middle Eastern roots — similarly bonded with Trump, whose mispronunciation of “Assyrian” at a rally created a viral video moment and drew attention to their support. Sam Darmo, a Phoenix real estate agent and co-founder of Assyrians for Trump, said many community members cited the economy, illegal immigration and other prominent voter issues. They echoed other conservative Christians’ concerns, he said, on issues such as abortion, gender identity and religious expression in public. But he said Trump supported various Middle Eastern Christians recovering from the Islamic State group’s oppressive rule. Darmo also credited Massad Boulos, father-in-law to Trump’s daughter Tiffany, for mobilizing various Middle Eastern Christian groups, including Chaldean Catholics, and other voters, particularly in Michigan, such as Muslims. “He brought all these minority groups together,” he said. “We’re hoping to continue that relationship.” But members of Middle Eastern-rooted Christian groups, and their politics, are far from monolithic, said Marcus Zacharia, founder of Progressive Copts, a program of Informed Immigrants, an organization that promotes dialogue on sensitive topics among such groups in the United States and Canada. He said many younger community members question Trump’s stances on issues such as immigration, and sense that conservatives sometimes tokenize them by focusing on the plight of persecuted Christians in the Middle East while neglecting wider issues of repression in countries there that the U.S. supports. He said there needs to be more informed dialogue across the political divide in these communities. “There is no more high time than these next four years to have that way of conducting conversations,” he said. Republicans also made an aggressive push for Amish voters , particularly in the swing state of Pennsylvania, where they are most numerous at about 92,000 (many below voting age). The GOP has made similar efforts in the past, even though researchers have found that less than 10% of them typically vote, due to their separatism from society. But Republicans used billboards, mailers, ads and door-to-door campaigner to drive turnout in Lancaster County, home base to the nation’s largest Amish settlement. On Election Day, Amish voters Samuel Stoltzfus and his wife Lillian Stoltzfus said they were supporting Trump, citing their anti-abortion beliefs. “We basically look at it as murder,” Stoltzfus, 31, said outside a polling center in the Lancaster County community of New Holland, where dozens of other members of the local Amish community voted. Trump has wavered on the issue, dismaying some abortion opponents, though many have said Republicans still align more closely to their views. Stolzfus added: “Make America great again and keep the moral values,” he said. “Let’s go back to the roots.” Steven Nolt, a history professor at Elizabethtown College in Lancaster College who studies the Amish and their voting patterns, said that while it’s too early to say definitively without further research, he doesn’t see evidence of a larger turnout this year. Lancaster County as a whole — most of which is not Amish — is a GOP stronghold that Trump won handily, though both parties’ votes edged up from 2020, according to unofficial results posted by the Pennsylvania Department of State. Trump’s biggest increases were in urban or suburban areas with few Amish, while some areas with larger Amish populations generally saw a modest increase in the Trump vote, said Nolt, director of the college’s Young Center for Anabaptist and Pietist Studies. “Bottom line, percentage-wise, not much change in the parts of Lancaster County where the Amish live,” he said. Trump directly reached out to members of the Chabad Lubavitch movement, a prominent and highly observant branch of Orthodox Judaism. Related Articles National Politics | Attorneys want the US Supreme Court to say Mississippi’s felony voting ban is cruel and unusual National Politics | Trump convinced Republicans to overlook his misconduct. But can he do the same for his nominees? National Politics | Trump gave Interior nominee one directive for a half-billion acres of US land: ‘Drill.’ National Politics | Trump’s team is delaying transition agreements. What does it mean for security checks and governing? National Politics | Judge delays Trump hush money sentencing in order to decide where case should go now On Oct. 7, the anniversary of the Hamas attack on Israel that triggered the Gaza war, Trump made a symbolically resonant visit to the “Ohel,” the burial site of the movement’s revered late leader, Rabbi Menachem M. Schneerson. Wearing a yarmulke, the traditional Jewish skullcap, Trump, who has Jewish family members, brought a written prayer to the Ohel and laid a small stone at the grave in keeping with tradition. The site in New York City, while particularly central to Chabad adherents, draws an array of Jewish and other visitors, including politicians. About two-thirds of Jewish voters overall supported Trump’s opponent, Democrat Kamala Harris, according to AP VoteCast, a survey of more than 120,000 voters. But the Trump campaign has made a particular outreach to Orthodox Jews, citing issues including his policies toward Israel in his first administration. Rabbi Yitzchok Minkowitz of Chabad Lubavitch of Southwest Florida said it was moving for him to see images of Trump’s visit. “The mere fact that he made a huge effort, obviously it was important to him,” he said. Associated Press journalist Luis Henao contributed.