Amazon.com, Inc. ( NASDAQ:AMZN )’s stock price traded down 2.3% on Friday . The company traded as low as $220.90 and last traded at $221.83. Approximately 7,786,632 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 41,022,664 shares. The stock had previously closed at $227.05. Analyst Upgrades and Downgrades A number of research analysts recently issued reports on AMZN shares. Oppenheimer boosted their price objective on shares of Amazon.com from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Bank of America raised their price objective on Amazon.com from $210.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Pivotal Research started coverage on Amazon.com in a research note on Friday, October 11th. They issued a “buy” rating and a $260.00 target price for the company. Jefferies Financial Group raised their price target on Amazon.com from $235.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, Maxim Group boosted their price objective on Amazon.com from $251.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Two analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $243.00. Get Our Latest Report on AMZN Amazon.com Price Performance Amazon.com ( NASDAQ:AMZN – Get Free Report ) last announced its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. The firm had revenue of $158.88 billion during the quarter, compared to analysts’ expectations of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The company’s revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.85 EPS. As a group, equities research analysts predict that Amazon.com, Inc. will post 5.29 EPS for the current fiscal year. Insider Activity In related news, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $210.00, for a total value of $735,000.00. Following the transaction, the chief executive officer now owns 524,567 shares in the company, valued at $110,159,070. The trade was a 0.66 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, Director Daniel P. Huttenlocher sold 1,237 shares of the stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total value of $246,237.22. Following the sale, the director now owns 24,912 shares of the company’s stock, valued at approximately $4,958,982.72. The trade was a 4.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last quarter, insiders sold 6,032,344 shares of company stock valued at $1,253,456,822. Company insiders own 10.80% of the company’s stock. Institutional Investors Weigh In On Amazon.com Several institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp lifted its stake in Amazon.com by 3.3% in the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after buying an additional 11,370,309 shares during the period. Geode Capital Management LLC lifted its position in shares of Amazon.com by 3.4% during the 3rd quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after acquiring an additional 6,545,944 shares during the period. Legal & General Group Plc boosted its stake in Amazon.com by 1.5% during the second quarter. Legal & General Group Plc now owns 69,686,374 shares of the e-commerce giant’s stock worth $13,466,933,000 after acquiring an additional 1,042,177 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Amazon.com by 0.4% in the second quarter. Bank of New York Mellon Corp now owns 67,745,972 shares of the e-commerce giant’s stock worth $13,091,909,000 after purchasing an additional 289,532 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Amazon.com by 3.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,833,954 shares of the e-commerce giant’s stock valued at $10,776,201,000 after purchasing an additional 1,984,592 shares in the last quarter. Institutional investors own 72.20% of the company’s stock. About Amazon.com ( Get Free Report ) Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content. Read More Five stocks we like better than Amazon.com Best Stocks Under $10.00 Buffett Takes the Bait; Berkshire Buys More Oxy in December 3 Natural Gas Stocks That Offer Great Dividend Yields Top 3 ETFs to Hedge Against Inflation in 2025 Insider Selling Explained: Can it Inform Your Investing Choices? These 3 Chip Stock Kings Are Still Buys for 2025 Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter .( MENAFN - IANS) New Delhi, Dec 17 (IANS) The deep brain stimulators (DBS) market in India is projected to witness an anticipated compound annual growth rate (CAGR) of over 10 per cent by 2033, according to a report on Tuesday. The report by GlobalData, a data, and analytics company, attributed the growth to the increasing prevalence of movement disorders in India. Besides, the inability of many patients to access appropriate surgical intervention has resulted in a substantial treatment gap. Deep brain stimulation (DBS) is a treatment widely used for illnesses including Parkinson's disease, epilepsy, and other neurological diseases. The system uses an implanted device to send an electrical current directly to specific parts of the brain. The electrodes generate electrical impulses that improve brain function. As per the report, the rechargeable deep brain stimulators market in India accounts for around 8 per cent of the Asia-Pacific market in 2024. This has been strengthened by a rising patient base, cost advantages, skilled neurosurgeons, and an expanding healthcare infrastructure. “As global life expectancy rises, age-related neurodegenerative disorders are becoming more prevalent,” said Divya Soni, Medical Devices Analyst at GlobalData. “DBS systems have emerged as a treatment for these conditions but are limited by a battery life of 3-5 years, requiring periodic surgical replacement for non-rechargeable models, thus increasing patient burden and surgical risks,” Soni added. Soni noted that although DBS devices serve as an effective treatment option for patients with movement disorders, they present notable shortcomings. She pointed out the need to introduce“advanced DBS technologies that offer a transformative solution in providing personalised, data-driven therapy,” Soni said. This will set new standards in precision care, and improve quality of life across the country. MENAFN16122024000231011071ID1109000318 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Forecasting sports stocks as 2024 turns into 2025: The news that Miami men’s basketball coach Jim Larrañaga was immediately retiring would’ve been big in any other era. However, these days it’s merely a blip anywhere outside of South Florida. And he summed up the current climate for coaches perfectly with one word: Exhausted. The winningest coach in Miami history, Larrañaga steps away after leading the Hurricanes to six NCAA Tournament appearances, including the 2023 Final Four, and a pair of ACC regular-season titles. He took over at Miami in 2011, five years after leading George Mason to the Final Four. There was some surprise that Larrañaga, 75, didn’t retire two years ago. The more recent assumption was he would do so in 2025. But instead of making one more push for a postseason run, Larrañaga called it quits 12 games into this season. The Hurricanes (4-8, 0-1 ACC) have lost seven of their last eight games, including a 83-79 defeat to Charleston Southern on Nov. 30. He’s another in a line of coaches who’ve thrown their hands up rather than try to grind as they always have. It’s a nationwide phenomenon, though the ACC is being hit especially hard. Virginia men’s basketball coach Tony Bennett, 55, abruptly quit in October just before the season started; Wake Forest football coach Dave Clawson, 57, pivoted earlier this month to an advisory role with the university. Both have cited the impact of the transfer portal, NIL and the evolution from student-athletes to athlete-employees as the reason. None, however, were quite as blunt as Larrañaga as they made their way to the door. “At this point, after 53 years, I just didn’t feel that I could successfully navigate this whole new world I was dealing with,” Larrañaga said, “because my conversations were ridiculous with an agent saying to me, ‘Well, you can get involved (with a player) if you’re willing to go to $1.1 million.’ And that would be the norm.” Meanwhile, some other coaches keep grinding. They're bending to the ramped-up conditions as they continue to work under increased scrutiny. Mike Gundy, Oklahoma State’s football coach since 2005, agreed to a pay cut a few weeks ago on the heals of a 3-9 (0-9 Big 12) season. The to-be-announced amount deducted from his previous $7.75 million salary will go toward Oklahoma State’s NIL initiatives and the revenue sharing with athletes, expected to begin next summer. Gundy, who’s periodically been a problem child at Oklahoma State, was coaxed into reworking his contract. Florida State football coach Mike Norvell, however, could hear loud footsteps behind him and voluntarily reduced his salary. Norvell will make $5.345 million in 2025, a massive cut from the $9.9 million deal he agreed to only a year ago. The difference in dollars is going to FSU’s Vision of Excellence fundraising campaign for athletics. So, we now know the price to go 2-10 at FSU is apparently $4.55 million. And to think ... a deal was essentially done for Norvell to become Nick Saban’s successor at Alabama before FSU backed up an armored car. Now he’s taking that money to help buy a better roster and try to save his job. Oh, we’ve also learned the sticker price for missing the College Football Playoff three straight seasons at LSU when you make almost $10 million a year. Apparently, it’s $1 million, that being how much coach Brian Kelly is now contributing to the Tigers’ NIL treasury. At least LSU had a winning season. You have to think it's a matter of time before coaches coming off sub-.500 seasons such as Kentucky's Mark Stoops ($9.9 million), Wisconsin's Luke Fickell ($7.7 million) and Auburn's Hugh Freeze ($6.7 million) are pressed to give back some cash. Because there will be more ponying up when they fall short. Even the most deep-pocketed universities and boosters have a threshold when it comes to getting a return for their investment. And coaches essentially swapping checks with their employers — getting paid big bucks and then returning it when the heat cranks up — won't be sustainable. Add it to the list of things thinning the profession. So the question isn’t to whether or not to buy stock in the trend of coaches raising white flags, but perhaps instead picking futures options on who’s next to go. Suggestion: Buy in bulk The beefed-up CFP’s opening weekend was a bummer if you judge it only by every game being decided by double-digits. Or if you’re still clinging onto second-guessing the selection committee. Or if you’re just a contrarian. But, final scores aside, the on-campus games were fantastic and meaningful. They also provided a nice rhythm to December going from conference championships to Army-Navy to the CFP. Picking the correct field is still a moving target, but it’ll be further polished perhaps as soon as next year. Likewise for the format with regards to seeding, etc. It will eventually work itself out. In the meantime, consider this: 21 of the 30 CFP games played during the 10-year, four-team era were decided by two or more scores. That includes a couple of title games decided by at least 28 points. We didn’t chastise the selection committee for picking a bad field when that happened, but instead celebrated the greatness of the champions. That's the correct approach now as the CFP quarterfinals approach. Because there are likely more blowouts to come as things from here on out are played at neutral sites. Everyone just needs to relax. The playoff rocks. Suggestion: Buy Vanderbilt quarterback Diego Pavia sued the NCAA , arguing that his two seasons of junior college football hindered his ability to earn via NIL and shouldn’t count toward his four years of eligibility. A judge agreed and he’ll presumably be back with the Commodores in 2025. The NCAA is appealing, but also issued waivers for other athletes in similar situations rather than be inundated with a bevy of similar lawsuits. That’s the smartest thing the NCAA has done in years considering how it regularly falls flat in court. It’s 0-3 since 2021 in cases involving unlimited transfers, NIL regulation and what will lead to millions in revenue sharing with athletes. It’s a nice turn for folks such as Pavia, who likely don't have pro futures. The money they make could go a long way toward giving them running starts after college sports. Still, it’s also more proof that we’re moving closer and closer to a world where college athletes aren’t college age. Remember how charming and quaint it was when FSU’s Chris Weinke won the Heisman Trophy at the ripe old age of 28? Suggestion: Dump it all.
The Indian Space Research Organisation (ISRO) will launch its final mission for 2024 on December 30 with the PSLV C60/SPADEX Mission. The launch is scheduled at 9.58 p.m. from the Satish Dhawan Space Centre in Sriharikota. The space agency, for the first time, will be attempting the Space Docking Experiment (SPADEX) mission which will demonstrate in-space docking using two small spacecraft. According to ISRO, SPADEX is designed to develop and demonstrate the technology needed for spacecraft rendezvous, docking, and undocking using two small satellites. “SPADEX will serve as a milestone in advancing India’s capabilities in space docking, a critical technology for future space missions, including satellite servicing, space station operations, and interplanetary missions,” the space agency said. The demonstration of this technology is essential for futuristic missions such as sending an Indian astronaut on the Moon, sample return from the Moon, the building and operation of the Indian Space Station. The PSLV-C60 will launch the two small spacecraft Chaser and Target also named SDX01 and SDX02 weighing about 220 kg each into a 470 km circular orbit at 55-degree inclination separately. SDX02 spacecraft will be the first to separate 15 minutes after the launch followed by SDX01 spacecraft a few seconds later. Incremental velocity “The demonstrated precision of the PSLV vehicle will be utilised to give a small relative velocity between the Target and Chaser spacecraft at the time of separation from the launch vehicle. This incremental velocity will allow the Target spacecraft to build a 10-20 km inter-satellite separation with respect to the Chaser within a day. At this point, the relative velocity between the Target will be compensated using the propulsion system of the Target spacecraft,” ISRO said. ISRO added that at the end of this drift arrest maneuver, the Target and Chaser will be in the same orbit with identical velocity but separated by about 20 km, known as Far Rendezvous. “With a similar strategy of introducing and then compensating for a small relative velocity between the two spacecraft, the Chaser will approach the Target with progressively reduced inter-satellite distances of 5 km, 1.5 km, 500 m, 225 m, 15 m, and 3 m, ultimately leading to the docking of the two spacecraft,” it added. The docking is expected to take place in the first week of January 2025. Twenty-four PS4-Orbital Experiment Module (POEM-4) payloads will be flown onboard the PSLV-C60 SPADEX mission. Published - December 29, 2024 07:22 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit space programme / space programmeThe following is a list of incidents reported to police agencies on Nov. 25; however, the call may have resulted in something other than what was originally reported. BECKLEY POLICE DEPARTMENT Breaking and entering in progress: South Fayette Street Burglar alarm: Pinewood Drive, Oriole Place Check welfare: 100 block West 4th Street, South Oakwood Avenue and Robert C. Byrd Drive, 2000 block Harper Road, South Fayette Street Civil matter: Robert C. Byrd Drive Counterfeit: Beckley Plaza (Academy Sports), North Eisenhower Drive Domestic: Sandstone Drive Drug investigation: Beckley Crossing Electronic sex crime: Stanley Street Extra patrol: 1 Rails to Trails (3), 2893 Robert C. Byrd Drive (Sheetz) (3), 1210 N. Eisenhower Drive (Lowe’s) (3), 1220 N. Eisenhower Drive (Sam’s Club) (2), 1330 N. Eisenhower Drive (Walmart) (2), 503 Neville St. (Beckley Intermodal Gateway parking garage), 500 block Neville Street (uptown), 360 Prince St. (New River Transit), 1900 block Harper Road, 100 block City Avenue Follow-up call: Vista Drive K9 unit request: 300 block Nebraska Avenue, 133 Beckley Crossing (Kroger) Larceny: Hargrove Street Magistrate detail: 222 Main St. (Beckley Judicial Annex) Mail run: 501 Neville St. (Beckley City Police Department) Missing person: Harper Road Motor vehicle accident leaving the scene: 501 Neville St. (Beckley City Police Department) Motor vehicle accident with injuries: Robert C. Byrd Drive and Clarence W. Meadows Memorial Boulevard Motor vehicle accident without fluids/injuries: 100 block Beckley Crossing Open door/window: Prince Street, South Fayette Street Parking complaint: Morris Avenue Pursuit: 2nd Street and 3rd Avenue Residence check: Cova Street (2) Road rage: Robert C. Byrd Drive Sexual assault not in progress: 501 Neville St. (Beckley City Police Department) Shoplifting: North Eisenhower Drive (3), Beckley Plaza Shots fired: 100 block Mills Avenue Special assignment: Industrial Drive Speeding vehicle: 400 block Hull Street Stolen property: Washington Street Suspicious person: Ellison Avenue Suspicious vehicle: Ewart Avenue Threats: Elkins Street, Ewart Avenue Traffic stop: 100 block Walker Avenue, 2300 block Harper Road, 600 block South Fayette Street, 300 block Pikeview Drive, Harper Road and Sunrise Avenue, 800 block West Neville Street, Robert C. Byrd Drive, 300 block Nebraska Avenue, 126 New River Town Center (Ollie’s Bargain Outlet), 4244 Robert C. Byrd Drive (Green Light Dispensary), 1100 block South Fayette Street, 1060 S. Fayette St. (Family Dollar), 2nd Street and Woodlawn Avenue, Beaver Avenue and South Fayette Street, South Fayette Street and Maplewood Lane (2), 1060 S. Fayette St. (Family Dollar), 100 block Virginia Street, Clarence W. Meadows Memorial Boulevard and Robert C. Byrd Drive, 200 block South Heber Street, 200 block Central Avenue, Market Road and Sheila Street Unwanted person: G Street Warrant served: Business Street (Alpha Rental Properties) ––– RALEIGH COUNTY SHERIFF’S OFFICE No report provided.
"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" To keep reading, please log in to your account, create a free account, or simply fill out the form below.Patriots cut starting offensive lineman, claim new player off waivers
Tinubu, ECOWAS celebrate Ghana’s President-elect John Mahama’s victory
NEW YORK (AP) — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. The S&P 500 rose 0.4%, coming off its first losing week in the last four . The Nasdaq composite climbed 1.2% to a record, while the Dow Jones Industrial Average was a laggard and fell 110 points, or 0.3%. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The technology company is riding a wave of enthusiasm about its artificial-intelligence offerings in particular. The market’s main event, though, will arrive on Wednesday when the Federal Reserve will announce its last move on interest rates for the year. The widespread expectation is that it will cut its main rate for a third straight time, as it tries to boost the slowing job market after getting inflation nearly all the way down to its target of 2%. The question is how much more it will cut rates next year, and Fed officials will release projections for where they see the federal funds rate ending 2025, along with other economic indicators, once their meeting concludes. Fed Chair Jerome Powell will also answer questions in a press conference following the meeting. For now, the general expectation among traders is that the Fed may cut a couple more times in 2025, according to data from CME Group. But such expectations have been shrinking following reports suggesting inflation may be tougher to get all the way down to 2% from here. Besides last month’s slight acceleration in inflation, another worry is that President-elect Donald Trump’s preferences for tariffs and other policies could lead to higher inflation down the line. Goldman Sachs economist David Mericle has dropped his earlier forecast of a cut by the Fed in January, for example. Beyond the possibility of tariffs, he said Fed officials may also want to slow their cuts because of uncertainty about exactly how low rates need to go so that they no longer press the brakes on the economy. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times so far this year and is heading for one of its best years of the millennium . The economy has held up better than many feared, continuing to grow even after the Fed hiked the federal funds rate to a two-decade high in hopes of grinding down on inflation, which topped 9% two summers ago. On Wall Street, MicroStrategy jumped as much as 7% during the day as it continues to benefit from the surging price for bitcoin , which set another all-time high. But its stock ended the day down by les than 0.1% after bitcoin’s price pulled back below $106,000 after setting a record above $107,700, according to CoinDesk. The software company has been building its hoard of the cryptocurrency, and its stock price has more than sextupled this year. It will also soon join the Nasdaq 100 index. Bitcoin’s price has catapulted from roughly $44,000 at the start of the year, riding a recent wave of enthusiasm that Trump will create a system that’s more favorable to digital currencies . Honeywell rose 3.7% after saying it’s still considering a spin-off or sale of its aerospace business, as part of a review of its overall business. It said it plans to give an update with the release of its fourth-quarter results. They helped offset a drop for Nvidia, whose chips are powering much of the world’s move into AI. Its stock fell 1.7%. Because it’s grown so massive, with a total value topping $3 trillion, it was the single heaviest weight on the S&P 500. All told, the S&P 500 rose 22.99 points to 6,074.08. The Dow Jones Industrial Average fell 110.58 to 43,717.48, and the Nasdaq composite rose 247.17 to 20,173.89. In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged down to 4.39% from 4.40% late Friday. The two-year yield, which more closely tracks expectations for the Fed, eased to 4.24% from 4.25%. In stock markets abroad, indexes fell modestly across much of Europe and Asia. They sank 0.9% in Hong Kong and 0.2% in Shanghai after China reported lackluster economic indicators for November despite attempts to strengthen the world’s second-largest economy. South Korea’s Kospi fell 0.2% as law enforcement authorities pushed to summon impeached President Yoon Suk Yeol for questioning over his short-lived martial law decree, and the Constitutional Court met to discuss whether to remove him from office or reinstate him. AP Business Writer Elaine Kurtenbach contributed.
In the heat of the moment, BYU football coach Kalani Sitake seemed confused as to why Arizona State wasn’t assessed an unsportsmanlike penalty for fans storming the field early before BYU’s final play. And after the game, Sitake was equally surprised that someone accessed a space in the stadium that was supposed to be off-limits to anyone outside of visiting team personnel and released a recording of senior defensive end Tyler Batty’s halftime speech to social media. “Obviously, not super appropriate to have an employee of the school you are at take a video of a private team moment like that,” center Connor Pay said. “But at the end of the day, honestly, we don’t care that much.” Sitake said the Big 12 league offices were looking into everything that happened in the aftermath of BYU’s 28-23 loss to the Sun Devils. That included penalties on the field, and videos off of it. “Yeah, the Big 12 is looking into it,” Sitake said. “They’re reviewing everything that happened in the game. From off [the field] to on the field. “They’re handling all that. Even the recording. They’ll deal with it. I think I trust the Big 12 leadership and just let them handle that,” he continued. On Tuesday, the Big 12 issued a public reprimand and fined Arizona State $25,000 for the field storming. “The safety of student-athletes and all game participants is our foremost priority,” Big 12 Commissioner Brett Yormark said in a statement. “We will continue to work with our institutions on event management policies at all Big 12 venues.” The ending of the game was a chaotic scene. Arizona State was trying to bleed out the clock with seven seconds remaining. It had quarterback Sam Leavitt run around in the backfield and then chuck the ball to the sidelines, hoping the time would expire. But when Leavitt threw the ball out of bounds, there was still one second left on the clock. BYU was ready to take over and try a Hail Mary from midfield. However, fans stormed the field early. At that point, security had to clear the field. The goalposts and end zone pylons had to be put back up. Technically, ASU could have been assessed two penalties: one for intentional grounding by Leavitt to throw the ball away when he was pressured. The second was an unsportsmanlike conduct on ASU for fans coming onto the field prematurely. That would’ve given BYU 15 more yards, possibly more, to set up a more manageable Hail Mary. BYU’s final play ended up two yards short. Immediately after the game, Sitake said the conference didn’t want to give the unsportsmanlike penalty to ASU. “We thought there was going to be an [unsportsmanlike penalty],” Sitake said. “... I was told the conference said there would be no unsportsmanlike penalty. It was the conference’s decision. This game didn’t come down to that.”Rivalry Closes Non-Brokered Private Placement Of Approximately $2.0 Million