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Nov. 25 (UPI) -- Macy's announced Monday that it would delay its full third-quarter earnings report because of an employee hiding up to $154 million in expenses, sending its stock plummeting in early trading.PHILADELPHIA (AP) — Former Temple basketball standout Hysier Miller sat for a long interview with the NCAA as it looked into concerns about unusual gambling activity, his lawyer said Friday amid reports a federal probe is now under way. “Hysier Miller fully cooperated with the NCAA’s investigation. He sat for a five-hour interview and answered every question the NCAA asked. He also produced every document the NCAA requested,” lawyer Jason Bologna said in a statement. “Hysier did these things because he wanted to play basketball this season, and he is devastated that he cannot.” Miller, a three-year starter from South Philadelphia, transferred to Virginia Tech this spring. However, the Hokies released him last month due to what the program called “circumstances prior to his enrollment at Virginia Tech.” Bologna declined to confirm that a federal investigation had been opened, as did spokespeople for both the FBI and the U.S. Attorney’s Office in Philadelphia. ESPN, citing unnamed sources, reported Thursday that authorities were investigating whether Miller bet on games he played in at Temple, and whether he adjusted his performance accordingly. “Hysier Miller has overcome more adversity in his 22 years than most people face in their lifetime. He will meet and overcome whatever obstacles lay ahead," Bologna said. Miller scored eight points — about half his season average of 15.9 — in a 100-72 loss to UAB on March 7 that was later flagged for unusual betting activity. Temple said it has been aware of those allegations since they became public in March, and has been cooperative. “We have been fully responsive and cooperative with the NCAA since the moment we learned of the investigation,” Temple President John Fry said in a letter Thursday to the school community. However, Fry said Temple had not received any requests for information from state or federal law enforcement agencies. He vowed to cooperate fully if they did. “Coaches, student-athletes and staff members receive mandatory training on NCAA rules and regulations, including prohibitions on involvement in sports wagering," Fry said in the letter. The same week the Temple-UAB game raised concerns, Loyola (Maryland) said it had removed a person from its basketball program after it became aware of a gambling violation. Temple played UAB again on March 17, losing 85-69 in the finals of the American Athletic Conference Tournament. League spokesman Tom Fenstermaker also declined comment on Friday. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketballNew spiking offence aims to bring law up to date, minister says
Mutual of America Capital Management LLC grew its holdings in Seagate Technology Holdings plc ( NASDAQ:STX – Free Report ) by 5.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,853 shares of the data storage provider’s stock after acquiring an additional 1,227 shares during the period. Mutual of America Capital Management LLC’s holdings in Seagate Technology were worth $2,832,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds have also recently made changes to their positions in STX. Natixis Advisors LLC boosted its position in shares of Seagate Technology by 6.2% during the third quarter. Natixis Advisors LLC now owns 70,117 shares of the data storage provider’s stock worth $7,680,000 after acquiring an additional 4,094 shares during the last quarter. Mizuho Markets Americas LLC bought a new position in shares of Seagate Technology during the 3rd quarter valued at about $32,598,000. Empowered Funds LLC grew its position in shares of Seagate Technology by 6.8% during the third quarter. Empowered Funds LLC now owns 3,274 shares of the data storage provider’s stock valued at $359,000 after purchasing an additional 209 shares in the last quarter. CIBC Asset Management Inc increased its holdings in shares of Seagate Technology by 14.4% in the third quarter. CIBC Asset Management Inc now owns 30,578 shares of the data storage provider’s stock worth $3,349,000 after purchasing an additional 3,848 shares during the last quarter. Finally, ING Groep NV lifted its position in shares of Seagate Technology by 10.0% in the third quarter. ING Groep NV now owns 19,785 shares of the data storage provider’s stock worth $2,167,000 after buying an additional 1,805 shares in the last quarter. Institutional investors own 92.87% of the company’s stock. Insider Activity In other news, Director Yolanda Lee Conyers sold 750 shares of the stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $96.10, for a total transaction of $72,075.00. Following the transaction, the director now directly owns 3,034 shares in the company, valued at approximately $291,567.40. This trade represents a 19.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Also, EVP Ban Seng Teh sold 4,872 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $110.00, for a total transaction of $535,920.00. Following the completion of the transaction, the executive vice president now directly owns 9,969 shares of the company’s stock, valued at $1,096,590. This trade represents a 32.83 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 201,820 shares of company stock worth $21,892,856. Company insiders own 0.81% of the company’s stock. Seagate Technology Price Performance Seagate Technology ( NASDAQ:STX – Get Free Report ) last posted its quarterly earnings results on Tuesday, October 22nd. The data storage provider reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.28. Seagate Technology had a net margin of 11.34% and a negative return on equity of 32.19%. The firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the previous year, the firm posted ($0.34) earnings per share. The company’s revenue was up 49.1% on a year-over-year basis. On average, equities analysts anticipate that Seagate Technology Holdings plc will post 7.18 earnings per share for the current fiscal year. Seagate Technology Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Sunday, December 15th will be given a dividend of $0.72 per share. This is an increase from Seagate Technology’s previous quarterly dividend of $0.70. The ex-dividend date is Friday, December 13th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.89%. Seagate Technology’s dividend payout ratio is presently 73.11%. Analyst Ratings Changes A number of analysts have issued reports on STX shares. Citigroup lifted their price objective on Seagate Technology from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Northland Securities upped their price target on shares of Seagate Technology from $142.00 to $144.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Wedbush reissued an “outperform” rating and issued a $150.00 price objective on shares of Seagate Technology in a research note on Wednesday, October 23rd. Evercore ISI upped their target price on shares of Seagate Technology from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Finally, Rosenblatt Securities lifted their price target on Seagate Technology from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $118.83. View Our Latest Report on Seagate Technology Seagate Technology Profile ( Free Report ) Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. Further Reading Receive News & Ratings for Seagate Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seagate Technology and related companies with MarketBeat.com's FREE daily email newsletter .
When investors think about high-yield stocks, the yield is often the only issue considered. That's a mistake, because sometimes high yields are a sign of a risky dividend. That's why you should also examine the company backing the yield and, equally important, its commitment to supporting the dividend through good markets and bad ones. Right now, dividend investors should probably be considering reliable income stocks like Enterprise Products Partners ( EPD 1.45% ) and United Parcel Service ( UPS 2.63% ) . Here's why. Enterprise is boring in a good way Enterprise Products Partners is a master limited partnership (MLP) that operates in the midstream segment of the oil and natural gas industry. It owns vital infrastructure assets like pipelines, storage, processing, and transportation facilities. While oil and natural gas companies are often volatile, Enterprise is basically just a toll taker, charging customers fees for the use of its assets. Given the importance of oil and natural gas to the world's economy, demand for Enterprise's assets tends to be fairly strong in both good energy markets and bad ones. Simply put, Enterprise's cash flows tend to be fairly robust no matter what's going on with oil prices. That's how the MLP has managed to increase its distribution every year for 26 consecutive years, despite operating in the often volatile energy sector . Add in an investment grade rated balance sheet and distributable cash flow that covers the distribution by a strong 1.7 times, and you get a very reliable income stock. That said, it's important for investors to understand that growth opportunities in the midstream space are fairly limited. Enterprise's attractive 6.6% yield will likely make up the vast majority of your return. Still, Enterprise is one of the largest midstream players in North America, so a modest capital investment budget will likely be augmented by acquisitions along the way. Distribution growth of around low to mid-single digits is probably a reasonable expectation over time. That's not a bad combination if you're a dividend investor looking to maximize the income stream your portfolio generates. UPS has more of a dividend growth flair Slow and steady growth with a high yield is what you get from Enterprise. United Parcel Service is a bit different, offering higher dividend growth but a lower yield. To put a number on that, UPS, as the company is more commonly known, increased its dividend at a compound annual rate of nearly 10% over the past decade. That's two to three times faster than the historical growth rate of inflation , so this package delivery service has materially grown the buying power of its dividend over time. What's really exciting about UPS today, however, is that its 4.8% yield is near the high end of the stock's historical yield range. That suggests that the company is on sale right now. There's a reason for that, given that the business isn't hitting on all cylinders. However, the third quarter of 2024 saw year-over-year improvements in revenues and operating margin , so the company is working to get back on track and, seemingly, succeeding. There's still more work to be done, but management looks like it has the business heading in the right direction. That said, the real attraction here is the business. UPS is one of a small number of very large package delivery companies. It would be difficult, if not impossible, to replicate what UPS offers. And given that online shopping continues to grow, it seems highly likely that more demand is on the horizon. If you can handle owning a turnaround situation , UPS looks like a dividend growth stock fallen angel that's already starting to earn back its wings. Two solid dividend options for you to cash in on right now If you have $500, $5,000, or even $5 million and you like dividend stocks, you'll want to check out Enterprise and UPS. One is going to be a better option for investors looking to own high-yield fare, while the other will probably attract those looking for dividend growth. But both businesses have very attractive features and yields that you should be able to count on for years to come.Phyna denied entry by restaurant over indecent dressing [VIDEO]
Game of Thrones actor and former World's Strongest Man Hafþór Björnsson has hoisted 996 lbs, 283 Petabytes, and about $32 million worth of next-gen SSDs in what has to be the most expensive deadlift in historyThe congressional bathroom ban is the latest transgender policy battleWhat New Year’s resolutions can not-Black folks make for 2025 to fight back against the incoming racist regime? Commentary by Black Kos Editor Denise Oliver-Velez 2025 is right around the corner. I realize that for many of us, the “New Year” signals hardships ahead under the ascension of a racist, sexist, supremacist incompetent convicted felon to the highest seat of power here in the States. The vast majority of Black folks did their Black job in voting against what has come to pass. Many of us are unsurprisingly very disheartened (I’m being nice — pissed off is more like it) about how certain demographic clusters of not-Black folks have once again failed to live up to “promises.” I’m not talking about MAGAS. We know who they are and what they support. We bin known about who our allies have been, and not been for over 400 years. Today many of us are side-eying people who wound up not giving a flying f**k about what happens to us Black folks in the upcoming reign of insane. Many of y’all are gonna be okay (you think) and it’s possible that’s true for some of you. Others of you may just find out what it’s like to have been Black in America all these generations. I’ve heard grumblings from quite a few not-Black people about the attitudes being expressed by Black folks on social media who are in FAFO mode. For those of you not familiar with the term it is an acronym for “Fuck Around and Find Out.” For those of you who are still suffering from and proud of being “more progressive than thou” by not voting or choosing Jill Stein, the moment of truth awaits. I sit here and wonder if it will ever dawn on you that not-Blackness ain’t gonna save you. We know we are an easy target. Bin’ known. Melanin tells on us. We know we are only 13% of the population. Our existence depends on building bridges and allyship, even when uncomfortable. Always has. We live in two worlds. A Black world created by centuries of segregation, race creation and hate, and a white world we observe, work in, and sometimes even marry with. Read Ralph Ellison’s “Invisible Man” if you never have. Listen to James Baldwin debate William Buckley. None of this is a secret. We’ve crawled forward over time — from Dred Scott— to the Civil Rights Act, and once again we are shoved backwards. Some of you excuse yourselves from association with those who opted to vote to take us backward by pronouncing that you voted for Obama, or Kamala. Now that she has lost, I’m reading comments made by far too many of you making it her fault. Or Obama’s fault — anything that lifts the onus off of you and yours — your co-workers, family members, neighbors. I’ve been writing commentaries for Black Kos for many years now. Thank you David ( dopper0189 ) for creating this oasis for those of us who are unabashedly Black, and for the few white/notBlack folks who “get it” and are not uncomfortable with it. I’ll emphasize “few” because in this huge DKos space we actually have very few regular reader/commenters. We even get visitors here who waltz into the comments and call some of our members “racist.” I remember someone objecting to our name, and wanting to know why was there no “White Kos” SMDH. FYI: Because we are being our very own Black selves doesn’t mean we necessarily agree with each other all of the time. There is diversity in Blackness. We are not a monolith. However — it is still Blackness no matter what. (Even right wing Black folks are at risk for stop and frisk, shoot first and ask no questions after death squads) Bleaching cream won’t cut it. We get visitors here who have no clue that most of the membership of Black Kos is white — white readers, commenters and an Editor. Our knowledgeable membership is comfortable with it and they don’t try to tell us who are Black that we have to make them comfortable by stifling how we feel about things, or a need to edit, self-censor the words we use. Okay, now that I’ve gotten that off my chest, I have a few questions for you, if you are not-Black and still reading. Do you have any very close Black friends? (not talking about acquaintances) Do you have any Black family members? Have you ever had, or do you have a Black boss/supervisor? What organization that has Black leadership have you ever joined, have been or are a member of? Do you have any Black neighbors? Is where you live segregated (most of the U.S. still is)? If so — why are you there, and what have you done to change that? If most of your answers to these questions is “no” (or yes to the last one) what can you resolve to do in 2025 to help change things? I know how some of my closest not-Black friends grew up to be the human beings they are. Some commenters/community members here in Black Kos have also shared their own experiences/and exposures. I’m interested in hearing from readers, who are willing to make resolutions and hoping that we can work together towards forging a more equitable path forward. In case you’re wondering why I use “Not-Black” as an identifier term, I have real problems with the use of the term “non-white” since it centers whiteness, which I’ve written about in the past in “ I am not 'non-white' ” The renowned poet Nikki Giovanni has died. Giovanni died on Monday, Dec. 9, following her third cancer diagnosis, according to a statement from friend and author Renée Watson. She was 81. "We will forever be grateful for the unconditional time she gave to us, to all her literary children across the writerly world," said poet Kwame Alexander in the statement. Giovanni published her first poetry collection, Black Feeling Black Talk , in 1968. It established her as an emerging figure out of the Black Arts Movement. In it, Giovanni writes about the intersections of love, politics, loneliness and race. Her language is sometimes spare and longing, other times dense and righteous. The final lines in "Word Poem" read, "let's build / what we become /when we dream." She was born Yolanda Cornelia Giovanni, Jr., on June 7, 1943, in Knoxville, Tenn. Though she grew up in Cincinnati, Ohio, and its surrounding suburbs, she returned to Nashville to attend Fisk University for college. There, she met other writers who'd become leading Black literary figures – Dudley Randall, Margaret Walker, Amiri Baraka and more. While at Fisk, she also re-established the Student Nonviolent Coordinating Committee. As her writing career took off, Giovanni became a regular guest on Soul! , a Black arts and culture talk show on WNET. Her conversation with the acclaimed writer James Baldwin came on the heels of being named "Woman of the Year" by both Ebony magazine and Mademoiselle . x YouTube Video . Despite the political climate, 2024 has been the Year of the Woman in sports. Recently, interest in women’s sports peaked as the industry saw record viewership, attendance, sponsorships, and revenue across sports categories. So much so that stars like Whoopi Goldberg launched the All Women’s Sports Network (AWSN) , the first global women’s sports channel, and WNBA stars launched the Unrivaled Women’s Basketball League. Though most athletes care more about their craft than their coins, tracking female athletes, especially Black female athletes’ earnings, is particularly important as athletes in these demographics have historically been underpaid in comparison to their white and male counterparts. Last week, Sportico released its list of the highest-paid female athletes of 2024, in which Black female athletes showed some of the highest earnings. According to this year’s list, Coco Gauff took the number one spot for the second year in a row, earning approximately $30 million in endorsements and salary/prize money. Fellow tennis star Naomi Osaka, who came in sixth on the list, earned nearly $15 million this year. The list also included Olympic gymnast and gold medalist Simone Biles, who reportedly earned $11.1 million. While these women reached incredible financial heights, their recorded earnings do not even reflect half of what the highest-paid Black male athletes reportedly made. Forbes’ annual highest-paid athlete list reported that LeBron James earned $128.2 million, followed by other Black athletes like Giannis Antetokounmpo with $111 million, Kylian Mbappé with $110 million, and Stephen Curry with $102 million. About 200 people were killed in violence in Haiti’s capital over the weekend, many in a massacre in which a gang boss reportedly targeted Voodoo practitioners. The killings of at least 110 people were overseen by a “powerful gang leader” convinced that his son’s illness was caused by followers of the religion, according to the civil organisation the Committee for Peace and Development (CPD). “He decided to cruelly punish all elderly people and Voodoo practitioners who, in his imagination, would be capable of sending a bad spell on his son,” a statement from the Haiti-based group said. “The gang’s soldiers were responsible for identifying victims in their homes to take them to the chief’s stronghold to be executed.” The UN rights commissioner, Volker Turk, said at least 184 people had died over the weekend. “These latest killings bring the death toll just this year in Haiti to a staggering 5,000 people,” he told reporters in Geneva. Both the CPD and UN said that the massacre took place in the capital’s western coastal neighbourhood of Cité Soleil. Chaotic scenes have broken out in the Bahamas parliament after the indictment of senior police officers on drug trafficking charges sparked a heated debate over corruption, in which the deputy opposition leader tossed a ceremonial mace out a window. During the incident, Shanendon Cartwright of the opposition Free National Movement approached the speaker, Patricia Deveaux, after she did not allow him to speak, grabbed the parliamentary mace, and tossed it out of a nearby window. The turmoil came as the country’s top police official, commissioner Clayton Fernander, resigned following the indictment of three police officers in what the US Department of Justice described as a “massive cocaine importation conspiracy enabled by corrupt Bahamian government officials, including high-ranking members of the Royal Bahamas police force”. US prosecutors said that since May 2021, drug traffickers had smuggled tons of cocaine through the Bahamas with the help of corrupt local officials who controlled airports and disclosed information about US Coast Guard movements. According to the indictment, the bribes that officials were promised or given ranged from $10,000 to $2m to facilitate trafficking, including the movement of 1,320lbs (600kg) of cocaine through the Bahamas’ main international airport. As the school year approaches its final stretch in 2025, high school seniors are starting to make their final preparations for life after graduation. For many of those students, that means choosing to continue their education in college. In the case of Black students, many of them might choose to look at attending one of the more than 100 Historically Black Colleges and Universities ( HBCUs ) across the United States as a viable choice. Not only do HBCUs present an opportunity to connect with like-minded students and embrace the Black experience, but tuition and admission fees for many HBCUs are also below the national average costs for higher education. MORE: A Wake-Up Call for HBCUs: The Trump Administration’s Impact On Funding And Legacy According to the Education Data Initiative, the average cost of college in the United States has more than doubled in the 21st century. According to the latest statistics released by the Organization for Economic Cooperation and Development (OECD) , the U.S. spends more per student on colleges and universities than every other country in the developed world. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ “... we will call this woeman and her/ name will be sapphire and she will divide into four parts/ that simone may sing a song... “/ -- Nikki Giovanni "Poem For A Lady Whose Voice I Like" by Justice Putnam, Black Kos Editor I come from a strong Matriarchy, so strong in fact, one might say I come from a feminist extended-family. There was no division of labor by gender when doing chores, growing up, all of us mowed the lawn, washed dishes, cooked, cleaned. When we lived on the farm outside of Corvallis, all of us learned to sew and sow. The great Matriarch of the Family, our Great Aunt Mabel, lived to be 102. Shortly after marriage in the late 1880's, she and her new husband provisioned a covered wagon and trekked across the plains on their way to California. Along the way, as she put it, "he wasn't up to snuff, so I had to kick him out." She took up with another fellow during the almost year long voyage and he was "worse than the first", so he was sent packing as well. It took a special man to be with this special woman, as it has been, as it is and as it will be with all the women in my family. I've heard the accusation, on more than one occasion, that the women in the family are "full of themselves." "Yes," is their unabashed reply, resonating across the generations, "yes we are!" I met Nikki Giovanni at a few readings back in the day when I was full of myself and thought my work was not self-serving. But I was willing to listen, I was willing to learn. It might have taken some time for me to learn to shut up, but she was always so gracious. I will miss her greatly. so he said: you ain’t got no talent if you didn’t have a face you wouldn’t be nobody and she said: god created heaven and earth and all that’s Black within them so he said: you ain’t really no hot shit they tell me plenty sisters take care better business than you and she said: on the third day he made chitterlings and all good things to eat and said: “that’s good” so he said: if the white folks hadn’t been under yo skirt and been giving you the big play you’d a had to come on uptown like everybody else and she replied: then he took a big Black greasy rib from adam and said we will call this woeman and her name will be sapphire and she will divide into four parts that simone may sing a song and he said: you pretty full of yourself ain’t chu so she replied: show me someone not full of herself and i’ll show you a hungry person -- Nikki Giovanni "Poem For A Lady Whose Voice I Like" ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - Nina Simone "Four Women" x x YouTube Video ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~