Dear Annie: I regret moving away from my daughter and her family ... sadly, she doesn’t want me to move back
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NFA rice ready for relief efforts
Cerence AI Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4)AI model achieves human level performance on general intelligence testUnforgettable filmsParis stocks rally as Macron fights on, jobs data boosts Wall Street
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PARIS (AP) — France’s president and prime minister managed to form a new government just in time for the holidays. Now comes the hard part. Crushing debt , intensifying pressure from the nationalist far right, wars in Europe and the Mideast: Challenges abound for President Emmanuel Macron and Prime Minister Francois Bayrou after an already tumultuous 2024. The most urgent order of business is passing a 2025 budget. Financial markets, ratings agencies and the European Commission are pushing France to bring down its deficit, to comply with EU rules limiting debt and keep France’s borrowing costs from spiraling. That would threaten the stability and prosperity of all countries that share the euro currency. France’s debt is currently estimated at a staggering 112% of gross domestic product. It grew further after the government gave aid payments to businesses and workers during COVID-19 lockdowns even as the pandemic depressed growth, and capped household energy prices after Russia invaded Ukraine. The bill is now coming due. But France’s previous government collapsed this month because Marine Le Pen’s far-right party and left-wing lawmakers opposed 60 billion euros in spending cuts and tax hikes in the original 2025 budget plan. Bayrou and new Finance Minister Eric Lombard are expected to scale back some of those promises, but the calculations are tough. “The political situation is difficult. The international situation is dangerous, and the economic context is fragile,” Lombard, a low-profile banker who advised a Socialist government in the 1990s, said upon taking office. “The environmental emergency, the social emergency, developing our businesses — these innumerable challenges require us to treat our endemic illness: the deficit,” he said. “The more we are indebted, the more the debt costs, and the more it suffocates the country.” This is France’s fourth government in the past year. No party has a parliamentary majority and the new Cabinet can only survive with the support of lawmakers on the center-right and center-left. Le Pen — Macron’s fiercest rival — was instrumental in ousting the previous government by joining left-wing forces in a no-confidence vote. Bayrou consulted her when forming the new government and Le Pen remains a powerful force. That angers left-wing groups, who had expected more influence in the new Cabinet, and who say promised spending cuts will hurt working-class families and small businesses hardest. Left-wing voters, meanwhile, feel betrayed ever since a coalition from the left won the most seats in the summer's snap legislative elections but failed to secure a government. The possibility of a new no-confidence vote looms, though it's not clear how many parties would support it. Macron has repeatedly said he will remain president until his term expires in 2027. But France's constitution and current structure, dating from 1958 and called the Fifth Republic, were designed to ensure stability after a period of turmoil. If this new government collapses within months and the country remains in political paralysis, pressure will mount for Macron to step down and call early elections. Le Pen's ascendant National Rally is intent on bringing Macron down. But Le Pen faces her own headaches: A March court ruling over alleged illegal party financing could see her barred from running for office. The National Rally and hard-right Interior Minister Bruno Retailleau want tougher immigration rules. But Bayrou wants to focus on making existing rules work. “There are plenty of (immigration) laws that exist. None is being applied," he said Monday on broadcaster BFM-TV, to criticism from conservatives. Military spending is a key issue amid fears about European security and pressure from U.S. President-elect Donald Trump for Europe to spend more on its own defense. French Defense Minister Sebastien Lecornu, who champions military aid for Ukraine and ramping up weapons production, kept his job and stressed in a statement Tuesday the need to face down ‘’accumulating threats'' against France. More immediately, Macron wants an emergency law in early January to allow sped-up reconstruction of the cyclone-ravaged French territory of Mayotte in the Indian Ocean off Africa. Thousands of people are in emergency shelters and authorities are still counting the dead more than a week after the devastation. Meanwhile the government in the restive French South Pacific territory of New Caledonia collapsed Tuesday in a wave of resignations by pro-independence figures — another challenge for the new overseas affairs minister, Manuel Valls, and the incoming Cabinet. Associated Press writer David McHugh in Frankfurt contributed.Down the Line: Former Virginia Peninsula CC basketball player working for Los Angeles LakersMusk's millions for Trump make him biggest US political donor
Utah Hockey Club (7-9-3, in the Central Division) vs. Pittsburgh Penguins (7-11-4, in the Metropolitan Division) Pittsburgh; Saturday, 7 p.m. EST BETMGM SPORTSBOOK LINE: Penguins -111, Utah Hockey Club -109; over/under is 6.5 BOTTOM LINE: The Utah Hockey Club look to stop their three-game slide with a win over the Pittsburgh Penguins. Pittsburgh has a 4-5-2 record in home games and a 7-11-4 record overall. The Penguins have a -28 scoring differential, with 57 total goals scored and 85 given up. Utah has a 3-5-2 record on the road and a 7-9-3 record overall. The Utah Hockey Club have a -14 scoring differential, with 49 total goals scored and 63 allowed. The teams meet Saturday for the first time this season. TOP PERFORMERS: Sidney Crosby has scored seven goals with 13 assists for the Penguins. Vasiliy Ponomarev has over the last 10 games. Nick Schmaltz has 13 assists for the Utah Hockey Club. Jaxson Stauber has scored goals over the past 10 games. LAST 10 GAMES: Penguins: 3-4-3, averaging 2.2 goals, 3.6 assists, 3.4 penalties and 7.4 penalty minutes while giving up 3.5 goals per game. Utah Hockey Club: 3-5-2, averaging 2.4 goals, 4.2 assists, 4.7 penalties and 14.2 penalty minutes while giving up 2.8 goals per game. INJURIES: Penguins: None listed. Utah Hockey Club: None listed. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
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Texans get visit from longtime foe Derrick Henry when the Ravens visit on Christmas DayCIBC Asset Management Inc grew its position in Patterson-UTI Energy, Inc. ( NASDAQ:PTEN – Free Report ) by 7.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,336 shares of the oil and gas company’s stock after buying an additional 1,501 shares during the period. CIBC Asset Management Inc’s holdings in Patterson-UTI Energy were worth $171,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also made changes to their positions in the company. CANADA LIFE ASSURANCE Co increased its stake in Patterson-UTI Energy by 25.4% during the first quarter. CANADA LIFE ASSURANCE Co now owns 497,262 shares of the oil and gas company’s stock worth $5,931,000 after acquiring an additional 100,626 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Patterson-UTI Energy by 3.5% during the 1st quarter. Vanguard Group Inc. now owns 46,595,620 shares of the oil and gas company’s stock worth $556,352,000 after purchasing an additional 1,554,020 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its holdings in Patterson-UTI Energy by 6.4% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 3,261,662 shares of the oil and gas company’s stock valued at $33,791,000 after buying an additional 197,555 shares during the period. Stanley Laman Group Ltd. lifted its position in Patterson-UTI Energy by 30.8% in the second quarter. Stanley Laman Group Ltd. now owns 298,544 shares of the oil and gas company’s stock valued at $3,093,000 after buying an additional 70,229 shares during the last quarter. Finally, Bayesian Capital Management LP purchased a new position in Patterson-UTI Energy during the first quarter worth about $623,000. Institutional investors and hedge funds own 97.91% of the company’s stock. Analyst Ratings Changes Several research firms recently weighed in on PTEN. Raymond James dropped their target price on shares of Patterson-UTI Energy from $12.00 to $11.00 and set a “strong-buy” rating for the company in a report on Friday, October 25th. Stifel Nicolaus dropped their price objective on Patterson-UTI Energy from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, October 11th. Royal Bank of Canada decreased their target price on Patterson-UTI Energy from $12.00 to $11.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Barclays dropped their target price on Patterson-UTI Energy from $14.00 to $12.00 and set an “overweight” rating for the company in a research report on Wednesday, October 16th. Finally, ATB Capital reduced their price target on shares of Patterson-UTI Energy from $12.00 to $11.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $11.88. Patterson-UTI Energy Stock Up 3.8 % PTEN stock opened at $8.68 on Friday. The company’s 50 day moving average price is $8.11 and its 200 day moving average price is $9.28. The firm has a market capitalization of $3.38 billion, a price-to-earnings ratio of -3.96 and a beta of 2.12. Patterson-UTI Energy, Inc. has a fifty-two week low of $7.38 and a fifty-two week high of $12.65. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.32 and a current ratio of 1.52. Patterson-UTI Energy Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date is Monday, December 2nd. Patterson-UTI Energy’s dividend payout ratio is presently -14.61%. About Patterson-UTI Energy ( Free Report ) Patterson-UTI Energy, Inc, through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries. Read More Five stocks we like better than Patterson-UTI Energy Best Aerospace Stocks Investing Vertiv’s Cool Tech Makes Its Stock Red-Hot What is the Nasdaq? Complete Overview with History MarketBeat Week in Review – 11/18 – 11/22 How to Calculate Options Profits 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Patterson-UTI Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Patterson-UTI Energy and related companies with MarketBeat.com's FREE daily email newsletter .BOISE — The Idaho Public Utilities Commission has acknowledged Rocky Mountain Power’s 2024-2026 Idaho Wildfire Mitigation Plan. It describes the utility’s efforts to mitigate the risk of wildfires by building, maintaining and operating electrical infrastructure to minimize the risk. According to the plan, Rocky Mountain Power anticipates investing about $800,000 during the next two years to increase its situational awareness. The investment will fund a meteorology department and the construction of 35 weather stations in Idaho. The utility said the meteorology department and the weather stations will allow it to generate a comprehensive weather forecast and predict weather conditions for the next 96 hours. The plan also described the introduction of Rocky Mountain Power’s Idaho Public Safety Power Shutoffs program. The utility started the program in 2023, and it allows Rocky Mountain Power to temporarily and proactively de-energize power lines during extreme weather to prevent fires from starting. The utility said it uses a Partner Safety Portal to communicate with safety partners, and that the utility communicates with impacted customers through phone calls, texts, emails, the Public Safety Power Shutoff webpage and a mobile app during power shutoff events. Other subjects included in the plan are vegetation management, collaborating with other groups to increase an understanding of best practices and technologies, and system hardening designed to reduce wildfire risk. It is the first wildfire mitigation plan Rocky Mountain Power has filed with the commission. In its order acknowledging the plan, the commission directed the utility to develop a least-cost, least-risk analysis to evaluate wildfire mitigation projects, file updated versions of the plan every three calendar years, and conduct semi-annual pre-fire and post-fire season updates for the commission, among other items. The plan and the commission’s order acknowledging it are available at puc.idaho.gov/case/Details/7305 .Congratulations to the selected teams and their schools who will participate in the Lunar Autonomy Challenge ! 31 teams were selected for the qualifying round, engaging 229 students from colleges and universities in 15 states. Teams will now move on to a Qualifying Round where they will virtually explore and map the lunar surface using a digital twin of NASA’s lunar mobility robot, the ISRU Pilot Excavator (IPEx) . Teams will develop software that can perform set actions without human intervention, navigating the digital IPEx in the harsh, low-light conditions of the Moon. The Qualifying Round will extend to February 28, when the top-scoring teams will proceed to the Final Round, with the winners announced in May 2025. The Lunar Autonomy Challenge is a collaboration between NASA, The Johns Hopkins University (JHU) Applied Physics Laboratory (APL), Caterpillar Inc., and Embodied AI. Learn more: https://lunar-autonomy-challenge.jhuapl.edu/
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Barrington Research restated their outperform rating on shares of Dolby Laboratories ( NYSE:DLB – Free Report ) in a research note published on Wednesday, Benzinga reports. They currently have a $100.00 target price on the electronics maker’s stock. Several other equities analysts have also recently issued reports on the company. StockNews.com raised Dolby Laboratories from a “buy” rating to a “strong-buy” rating in a report on Monday, November 18th. Rosenblatt Securities lifted their price target on Dolby Laboratories from $98.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday. Read Our Latest Analysis on DLB Dolby Laboratories Trading Up 0.4 % Dolby Laboratories Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Tuesday, December 3rd will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.64%. This is a boost from Dolby Laboratories’s previous quarterly dividend of $0.30. The ex-dividend date is Tuesday, December 3rd. Dolby Laboratories’s dividend payout ratio (DPR) is 44.28%. Dolby Laboratories announced that its board has initiated a share repurchase plan on Wednesday, August 7th that authorizes the company to repurchase $350.00 million in outstanding shares. This repurchase authorization authorizes the electronics maker to reacquire up to 5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued. Insider Buying and Selling at Dolby Laboratories In other Dolby Laboratories news, CEO Kevin J. Yeaman sold 28,512 shares of the company’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $74.12, for a total value of $2,113,309.44. Following the transaction, the chief executive officer now directly owns 83,721 shares in the company, valued at approximately $6,205,400.52. This represents a 25.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Also, Director Peter C. Gotcher sold 6,079 shares of Dolby Laboratories stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $78.96, for a total transaction of $479,997.84. Following the sale, the director now owns 37,593 shares of the company’s stock, valued at approximately $2,968,343.28. This trade represents a 13.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here . 39.54% of the stock is owned by insiders. Institutional Inflows and Outflows Institutional investors have recently bought and sold shares of the business. Blue Trust Inc. grew its position in shares of Dolby Laboratories by 398.8% in the second quarter. Blue Trust Inc. now owns 414 shares of the electronics maker’s stock valued at $35,000 after purchasing an additional 331 shares during the period. Point72 Hong Kong Ltd acquired a new stake in Dolby Laboratories in the 2nd quarter worth about $37,000. GAMMA Investing LLC grew its holdings in Dolby Laboratories by 64.6% in the 2nd quarter. GAMMA Investing LLC now owns 489 shares of the electronics maker’s stock valued at $39,000 after buying an additional 192 shares during the period. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Dolby Laboratories by 192.4% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 576 shares of the electronics maker’s stock valued at $46,000 after acquiring an additional 379 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in shares of Dolby Laboratories by 22.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 790 shares of the electronics maker’s stock worth $60,000 after acquiring an additional 146 shares during the period. 58.56% of the stock is currently owned by institutional investors and hedge funds. Dolby Laboratories Company Profile ( Get Free Report ) Dolby Laboratories, Inc creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices. Featured Articles Receive News & Ratings for Dolby Laboratories Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dolby Laboratories and related companies with MarketBeat.com's FREE daily email newsletter .