BUENOS AIRES, Argentina (AP) — Botafogo overcame playing with 10 men to win its first Copa Libertadores title after beating fellow Brazilian side Atletico Mineiro 3-1 in the final at Monumental de Nunez Stadium on Saturday. After just 30 seconds, midfielder Gregore, one of Botafogo's best players, hit the head of Fausto Vera with his foot and was given a straight red card. Winger Luiz Henrique scored first in the 35th minute from close range, and was fouled for the penalty shot converted by Alex Telles in the 44th. Eduardo Vargas headed Mineiro's only goal in the 46th while Junior Santos, the top scorer in the Copa Libertadores with 10 goals, capped Botafogo's historic night with the third in injury time. Brazil was assured of a sixth consecutive Copa Libertadores title and its 24th in history, just one less than Argentina. It was also the third straight title for Rio de Janeiro clubs, after Fluminense in 2023 and Flamengo in 2022. Despite sensationally losing Gregore, Botafogo reset and Luiz Henrique scored the opener. Henrique surged on the right flank and crossed to Marlon Freitas, who took a shot that was deflected. Henrique was in the right place to strike through the legs of goalkeeper Ederson. Henrique and Ederson met again near the end of the first half when the striker surprised the keeper on the edge of the box. A penalty was given after a video review and left back Telles calmly slotted the ball. Mineiro came back with a more aggressive formation in the second half and was rewarded when veteran Hulk took a corner kick and Vargas, who replaced midfielder Gustavo Scarpa during the break, didn’t even need to jump to score with his head. Mineiro had more chances to equalize through Deyverson in the 53rd, Hulk in the 56th, and Vargas in the 86th and 88th, all from close range. But it was Botafogo’s Júnior Santos, who was sidelined by injury during the Copa, who scored the last goal. Botafogo coach Arthur Jorge joined Portuguese compatriots Jorge Jesus (Flamengo, 2019) and Abel Ferreira (Palmeiras, 2020 and 2021) as European coaches with a Copa Libertadores title. Mineiro's Gabriel Milito missed the chance to be the first Argentine to win the tournament with a Brazilian club. Botafogo also gave American owner John Textor his biggest trophy yet. Textor has been subject to criticism after unproven allegations about match-fixing when Botafogo squandered a 13-point lead last year and missed out on the league title. Next week, his team could win its first Brazilian title since 1995. Botafogo was relegated from the league in 2020 but has risen to prominence again with Textor’s investment. He was part of a wave of foreign owners who came into Brazilian soccer after a 2021 law change paved the way for private investors. Mineiro also has wealthy owner in Brazilian billionaire Rubens Menin, a construction mogul. AP soccer: https://apnews.com/hub/soccerThe decentralized Twitter/X alternative social network Bluesky has updated its impersonation policy to fend off fake accounts from the platform in hopes of driving confidence among users that "the accounts they interact with are authentic." It detailed the several changes in a six-part announcement post made through the Bluesky Safety account. Bluesky said its is now more "aggressive" and will remove accounts indulged in impersonation and handle-squatting. It is also working with high-profile accounts on the platform to help them set up their verified domain handles. Bluesky's verification problem was in a third-party analysis, revealing that about 44% of the top 100 most followed accounts have at least one doppelganger account. Following user feedback wanting more ways to verify their identity, the social network is exploring ways to "enhance account verification" and will share updates in the future. The social network started as an invite-only platform but got an after it . As a result, Bluesky has piled up a backlog of moderation reports. It has now quadrupled the size of its moderation team to quickly process impersonation reports. Bluesky will allow parody, satire, and fan accounts. Still, the updated policy now requires such accounts to clearly label themselves in both the display name and bio to alert other users that the account isn't official. This is similar to how YouTube last year regarding fan accounts, taking a toll on accounts that try to impersonate others. Bluesky will attach an impersonation label for accounts that fail to convey their intention in any of these places. Identity churning is another thing that's on Bluesky's radar this time. It's the process of changing an account's identity to mislead users. For instance, if someone creates an impersonation account to attract followers and then switches to a different identity to keep that account. Bluesky said it will remove such accounts from its platform.
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New Delhi: Smallcap hospitality company Eraaya Lifespaces is set to split the face value of its equity shares, making them more accessible to smaller investors and traders. The company's board has also finalized the record date for this corporate action. Eraaya Lifespaces Stock Split DetailsIn a regulatory filing, Eraaya Lifespaces announced a stock split in the ratio of 10:1. This means each equity share with a face value of Rs 10 will be divided into 10 equity shares with a face value of Re 1 each. "The board approved the sub-division/split of one equity share with a face value of Rs 10 into 10 equity shares with a face value of Re 1 each," the company stated in its exchange filing. Eraaya Lifespaces Stock Split: Record DateThe record date for determining eligible shareholders is set for December 6, 2024. About Eraaya LifespacesEraaya Lifespaces operates in the hospitality sector, owning and managing luxury villas and offering high-end hospitality services. The company has a market capitalization of Rs 3,756.16 crore. On November 29, the stock closed at Rs 1,986.5, up 4.87 per cent from its previous close. Why A Stock Split?A stock split is a corporate action where the face value of shares is reduced, increasing the number of shares in circulation. The aim is to improve stock liquidity and make it more affordable for small investors and traders. Eraaya Lifespaces Share Price PerformanceEraaya Lifespaces has delivered extraordinary returns for its shareholders. Over the past three months, the stock has surged 120 per cent, while on a year-to-date (YTD) basis, it has soared over 1,600 per cent. Over the past year, the stock has skyrocketed by an astounding 2,538 per cent, according to BSE data. (Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money-related decisions.) Get Latest News Live on Times Now along with Breaking News and Top Headlines from Markets, Business Economy and around the world.
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Throughout the last three months, 4 analysts have evaluated StoneCo STNE , offering a diverse set of opinions from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 2 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 1 0 0 2M Ago 0 1 0 0 0 3M Ago 0 0 1 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $14.75, a high estimate of $19.00, and a low estimate of $12.00. A 15.71% drop is evident in the current average compared to the previous average price target of $17.50. Diving into Analyst Ratings: An In-Depth Exploration The perception of StoneCo by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Yuri Fernandes JP Morgan Lowers Overweight $15.00 $21.00 John Coffey Barclays Lowers Equal-Weight $12.00 $13.00 James Friedman Susquehanna Lowers Positive $19.00 $22.00 John Coffey Barclays Lowers Equal-Weight $13.00 $14.00 Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to StoneCo. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of StoneCo compared to the broader market. Price Targets: Gaining insights, analysts provide estimates for the future value of StoneCo's stock. This comparison reveals trends in analysts' expectations over time. Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of StoneCo's market position. Stay informed and make well-informed decisions with our Ratings Table. Stay up to date on StoneCo analyst ratings. Unveiling the Story Behind StoneCo StoneCo Ltd is a provider of financial technology solutions. It serves MSMBs great solutions, at fair prices, and provides the customer experience to help them manage their businesses and sell more. Its Stone Business Model combines end-to-end, cloud-based technology platforms; differentiated hyper-local and integrated distribution approaches; and white-glove, on-demand customer service. It has two segments Financial Services offers payments, digital banking, and credit solutions, focusing Ton solution mainly on micro-merchants, and Stone solution on SMBs. In Software, it offers POS and ERP solutions for different retail and services verticals, Customer Relationship Management, engagement tools, e-commerce, and Order Management System solutions, among others. StoneCo: A Financial Overview Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges. Revenue Growth: StoneCo's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 8.82% . This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers. Net Margin: StoneCo's net margin is impressive, surpassing industry averages. With a net margin of 16.8%, the company demonstrates strong profitability and effective cost management. Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 3.55%, the company may need to address challenges in generating satisfactory returns for shareholders. Return on Assets (ROA): StoneCo's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.03%, the company may encounter challenges in delivering satisfactory returns from its assets. Debt Management: With a below-average debt-to-equity ratio of 0.66 , StoneCo adopts a prudent financial strategy, indicating a balanced approach to debt management. The Basics of Analyst Ratings Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors. Breaking: Wall Street's Next Big Mover Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.