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NoneWEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining. While the U.S. dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed up with America’s dominance of the global financial system . The dollar represents roughly 58% of the world’s foreign exchange reserves, according to the IMF and major commodities like oil are still primarily bought and sold using dollars. The dollar's dominance is threatened, however, with BRICS' growing share of GDP and the alliance's intent to trade in non-dollar currencies — a process known as de-dollarization. Trump, in a Truth Social post, said: “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy." At a summit of BRIC nations in October, Russian President Vladimir Putin accused the U.S. of “weaponizing” the dollar and described it as a “big mistake.” “It’s not us who refuse to use the dollar,” Putin said at the time. “But if they don’t let us work, what can we do? We are forced to search for alternatives.” Russia has specifically pushed for the creation of a new payment system that would offer an alternative to the global bank messaging network, SWIFT, and allow Moscow to dodge Western sanctions and trade with partners. Trump said there is "no chance" BRIC will replace the U.S. dollar in global trade and any country that tries to make that happen "should wave goodbye to America.” Research shows that the U.S. dollar's role as the primary global reserve currency is not threatened in the near future. An Atlantic Council model that assesses the dollar’s place as the primary global reserve currency states the dollar is “secure in the near and medium term” and continues to dominate other currencies. Trump's latest tariff threat comes after he threatened to slap 25% tariffs on everything imported from Mexico and Canada, and an additional 10% tax on goods from China, as a way to force the countries to do more to halt the flow of illegal immigration and drugs into the U.S. He has since held a call with Mexican President Claudia Sheinbaum, who said Thursday she is confident that a tariff war with the United States can be averted. Canadian Prime Minister Justin Trudeau returned home Saturday after meeting Trump, without assurances the president-elect will back away from threatened tariffs on Canada.
With technical prowess and considerable style, Marta danced around two sliding defenders, outwitted a goalkeeper and calmly scored as another player rushed forward in desperation to stop her. It was more Marta Magic. That goal last weekend helped propel the Orlando Pride into Saturday's National Women's Soccer League championship game against the Washington Spirit. Barbra Banda also scored in the Pride's 3-2 semifinal victory over the Kansas City Current . While Banda has had an incredible first season with the Pride, captain Marta has been the talisman that has helped lead the team in its remarkable turnaround this year. The last time the Pride were in the NWSL playoffs was in 2017 — Marta's first year with the club. But this season they nearly went undefeated, going 23 games without a loss to start the season before losing 2-0 to the Portland Thorns with just two regular-season games left. “I think because of the way that we did it, during this season, from beginning to now, it’s something very special that I’ve never had before with any other club that I’ve played for," Marta said. "Plus year by year, we see in America, strong competition. This is the best league in the world. And you never know what’s going to happen, and it’s hard to keep winning the games, being in the first place almost like the whole season. That’s why it’s really different and so special.” Marta’s goal was the latest gasp-inducing moment in a stellar career filled with them. Known by just her first name, the 38-year-old is a six-time FIFA world player of the year. "Let's see if tomorrow I can do something similar — or even better," Marta said on Friday. Her teammate Kylie Strom chimed in: “That was the greatest goal I've ever witnessed, hands down." Appropriate. Earlier this year, FIFA announced that the best goal in women's soccer each year would earn the Marta Award. In a lighthearted moment the day before the title match, Marta was asked if she thought it was possible she might give the award to herself. “You guys need to decide, because who votes for the best goal in the year? It’s you. It’s the people in the public. So it should be really interesting, like Marta’s Award goes to Marta!” she said with a laugh. Marta has played in six World Cups for Brazil and played this summer in her sixth Olympics, winning a silver medal after falling in the final to the United States . She previously said this would be her final year with the national team. But since then Brazil was named the host of the 2027 Women's World Cup. "I had a conversation with my coach, the national team coach, and I was really clear about playing in 2027. I told him it’s not my goal anymore,” she said. “But I’m always available to help the national team. And if they think I still can do something during this preparation for the World Cup, yeah, I would be happy to help them." Marta's club career started in Brazil when she was just 16. She has also played in Sweden and in the U.S. professional women's leagues that came before the NWSL. With nine regular-season goals, Marta has had one of her best seasons since she joined the Pride. “I can never pick a side, I never pick favorites — but I love to see this for Marta," U.S. coach Emma Hayes said. “Marta is someone we all like, admire and are grateful for. And that goal was just like prime Marta at her best. And so grateful for and thankful for her that she got the opportunity with another game with her team.” The Pride went 18-2-6 this season, clinching the NWSL Shield for the first trophy in club history. Orlando also set a record with 60 regular-season points to finish atop the standings. “We are sitting top of the table, but I think there still are a lot of doubters. I think there’s people out there who say, maybe this was a one-off season,” Strom said. “But we’re here to prove them all wrong. So I think we do carry a bit of that underdog mentality still with us.” The second-seeded Spirit advanced to the title match at Kansas City's CPKC Stadium last weekend on a penalty shootout after a 1-1 draw against defending champions Gotham FC. The Spirit's roster includes Trinity Rodman, a standout forward who formed the so-called “Triple Espresso” trio with Mallory Swanson and Sophia Smith for the United States at the Olympics. AP soccer: https://apnews.com/hub/soccer
Corebridge Financial CRBG has been analyzed by 7 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 4 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 2 0 0 2M Ago 1 1 1 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 $34.71, a high estimate of $37.00, and a low estimate of $33.00. This upward trend is evident, with the current average reflecting a 3.3% increase from the previous average price target of $33.60. Diving into Analyst Ratings: An In-Depth Exploration An in-depth analysis of recent analyst actions unveils how financial experts perceive Corebridge Financial. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Daniel Bergman TD Cowen Raises Buy $37.00 $35.00 Alex Scott Barclays Raises Equal-Weight $36.00 $34.00 Nigel Dally Morgan Stanley Raises Equal-Weight $34.00 $31.00 Daniel Bergman TD Cowen Announces Buy $35.00 - Alex Scott Barclays Raises Equal-Weight $34.00 $33.00 John Barnidge Piper Sandler Lowers Overweight $34.00 $35.00 Alex Scott Barclays Announces Equal-Weight $33.00 - Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Corebridge Financial. 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 Corebridge Financial compared to the broader market. Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Corebridge Financial's stock. This comparison reveals trends in analysts' expectations over time. Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Corebridge Financial's market standing. Stay informed and make data-driven decisions with our Ratings Table. Stay up to date on Corebridge Financial analyst ratings. Get to Know Corebridge Financial Better Corebridge Financial Inc provides retirement solutions and insurance products in the United States. It offers a broad set of products and services through five segments namely Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, Corporate and Other. The majority of its revenue derives from the Individual Retirement segment. Key Indicators: Corebridge Financial's Financial Health Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position. Negative Revenue Trend: Examining Corebridge Financial's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -66.08% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector. Net Margin: Corebridge Financial's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -58.44%, the company may face hurdles in effective cost management. Return on Equity (ROE): Corebridge Financial's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -9.62%, the company may face hurdles in achieving optimal financial returns. Return on Assets (ROA): Corebridge Financial's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.3%, the company may face hurdles in achieving optimal financial performance. Debt Management: Corebridge Financial's debt-to-equity ratio is below the industry average at 0.88 , reflecting a lower dependency on debt financing and a more conservative financial approach. How Are Analyst Ratings Determined? Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are. Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update. Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error. 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.HONG KONG , Nov. 27, 2024 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (Nasdaq: ICLK), a renowned online marketing and enterprise solutions provider in Asia that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced unaudited financial results for the six months ended June 30, 2024 . Six Months Ended June 30, 2024 2023 Percentage change (US$ in thousands) (Unaudited) Financial Metrics: Revenue from continuing operations Marketing Solutions 9,324 12,663 (26) % Enterprise Solutions 4,896 4,330 13 % Total revenue from continuing operations 14,220 16,993 (16) % Gross profit from continuing operations 8,096 9,276 (13) % Net loss from continuing operations (1,269) (10,275) N/M Net loss from discontinued operations (5,104) (18,294) N/M Diluted net loss from continuing operations per American Depositary Shares ("ADS") (0.12) (1.01) N/M Operating Metrics: Gross billing 23,060 29,983 (23) % "I am pleased to report that our continuing operations recorded an improvement in gross margin to 56.9% in the first half of 2024 from 54.6% in the first half of 2023, and we saw the increase in enterprise solutions revenue by 13% year-over-year. The Company will continue to focus on improving the financial performance and cash flows, while exploring strategic opportunities for broader business growth.", said Mr. Jian Tang , Chairman, Chief Executive Officer and Co-Founder of iClick. "We continue monitoring and evaluating operations and market trends proactively in order to optimize our business and enhance profitability. We have recently completed the disposal of our mainland China Enterprise Solutions business and demand side Marketing Solutions business. The results of these businesses are presented under discontinued operations." First Half Year of 2024 Results on Continuing Operations: Revenue for the first half of 2024 was US$14.2 million , compared with US$17.0 million for the first half of 2023. Revenue from Marketing Solutions declined to US$9.3 million for the first half of 2024, compared with US$12.7 million for the first half of 2023. It was resulted from our strategic contraction of lower margin and higher risk businesses, with weaker demand from clients on advertising spending due to uncertainty in the macro-economic environment. Revenue from Enterprise Solutions was US$4.9 million for the first half of 2024, improved from US$4.3 million in the first half of 2023 due to the increasing demand for digital transformation and services. Gross profit for the first half of 2024 was US$8.1 million , compared with US$9.3 million for the first half of 2023. With the effort of reducing lower margin and higher risk businesses, and a rising revenue contribution from the higher-margin Enterprise Solutions business, gross profit margin increased to 56.9% for the first half of 2024 from 54.6% for the first half of 2023. Total operating expenses were US$12.4 million for the first half of 2024, decreased from US$14.1 million for the first half of 2023. The change was primarily due to our cost optimization execution, which resulted in reduction of staff cost and savings on promotional expenses. The expected credit losses provision of trade receivables was also reduced because of our close monitoring of cash collection. Net loss from continuing operations was US$1 .3 million for the first half of 2024, significantly improved from the net loss of US$10.3 million for the first half of 2023, mainly due to no impairment of equity investments in the first half of 2024, which we recorded US$5.6 million in the first half of 2023. Operating loss was reduced by US$0.6 million . Net loss from continuing operations attributable to the Company's shareholders per basic and diluted ADS for the first half of 2024 was US$0.12, compared with a net loss attributable to the Company's shareholders per basic and diluted ADS of US$1.01 for the first half of 2023. Gross billing 1 from continuing operations was US$23.1 million for the first half of 2024, compared with US$30.0 million for the first half of 2023, mainly as a result of our continued strategy of reducing lower margin and higher risk businesses, as well as clients' reduced advertising spending. Net loss from discontinued operations was US$5 .1 million for the first half of 2024, compared with the net loss of US$18.3 million for the first half of 2023, mainly due to cost optimization, and gain on disposal of discontinued operations amounting to US$2 .6 million in the first half of 2024. As of June 30, 2024 , the continuing operations of the Company had cash and cash equivalents, time deposits and restricted cash of US$70.2 million , compared with US$41.3 million as of December 31, 2023 . About iClick Interactive Asia Group Limited Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a renowned online marketing and enterprise solutions provider in Asia . With its leading proprietary technologies, iClick's full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. For more information, please visit https://ir.i-click.com . 1 Gross billing is defined as the aggregate dollar amount that clients pay the Company after deducting rebates paid and discounts given to. Safe Harbor Statement This announcement contains forward-looking statements, including those related to the Company's business strategies, operations and financial performance. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve inherent risks and uncertainties. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. For investor and media inquiries, please contact: In China: In the United States: iClick Interactive Asia Group Limited Core IR Catherine Chau Tom Caden Phone: +852 3700 9100 Tel: +1-516-222-2560 E-mail: ir@i-click.com E-mail: tomc@coreir.com (financial tables follow) ICLICK INTERACTIVE ASIA GROUP LIMITED Unaudited Condensed Consolidated Statements of Comprehensive Loss (US$'000, except share data and per share data, or otherwise noted, unaudited) Six Months Ended June 30, 2024 2023 Continuing operations Revenue 14,220 16,993 Cost of revenue (6,124) (7,717) Gross profit 8,096 9,276 Operating expenses Research and development expenses (311) (265) Sales and marketing expenses (4,381) (8,826) General and administrative expenses (7,704) (5,052) Total operating expenses (12,396) (14,143) Interest expense (32) (117) Interest income 598 591 Other gains/(losses), net 2,560 (5,756) Loss before income tax expense and share of losses from an equity investee (1,174) (10,149) Share of losses from an equity investee (37) (19) Loss before income tax expense (1,211) (10,168) Income tax expense (58) (107) Net loss from continuing operations (1,269) (10,275) Net loss attributable to non-controlling interests 111 9 Net loss from continuing operations attributable to iClick Interactive Asia Group Limited's ordinary shareholders (1,158) (10,266) Discontinued operations Loss from operations of discontinued operations (7,666) (18,305) Income tax (expense)/credit (23) 11 Gain on disposal of discontinued operations 2,585 - Net loss from discontinued operations (5,104) (18,294) Net loss attributable to non-controlling interests 32 49 Net loss from discontinued operations attributable to iClick Interactive Asia Group Limited's ordinary shareholders (5,072) (18,245) Net loss (6,373) (28,569) Net loss attributable to iClick Interactive Asia Group Limited's ordinary shareholders (6,230) (28,511) Net loss from continuing operations (1,269) (10,275) Other comprehensive loss: Foreign currency translation adjustment, net of US$nil tax (13) (131) Comprehensive loss from continuing operations (1,282) (10,406) Comprehensive loss from continuing operations attributable to non-controlling interests 111 49 Comprehensive loss from continuing operations attributable to iClick Interactive Asia Group Limited's ordinary shareholders (1,171) (10,357) Net loss from discontinued operations (5,104) (18,294) Other comprehensive income: Foreign currency translation adjustment, net of US$nil tax - 301 Comprehensive loss from discontinued operations (5,104) (17,993) Comprehensive loss from discontinued operations attributable to non -controlling interests 32 20 Comprehensive loss from discontinued operations attributable to iClick Interactive Asia Group Limited's ordinary shareholders (5,072) (17,973) Comprehensive loss attributable to iClick Interactive Asia Group Limited's ordinary shareholders (6,243) (28,330) Net loss from continuing operations per ADS attributable to iClick Interactive Asia Group Limited's ordinary shareholders — Basic (0.12) (1.01) — Diluted (0.12) (1.01) Net loss from discontinued operations per ADS attributable to iClick Interactive Asia Group Limited's ordinary shareholders — Basic (0.51) (1.79) — Diluted (0.51) (1.79) Net loss per ADS attributable to iClick Interactive Asia Group Limited's ordinary shareholders — Basic (0.63) (2.80) — Diluted (0.63) (2.80) Weighted average number of ADS used in per share calculation: — Basic 9,955,943 10,178,966 — Diluted 9,955,943 10,178,966 ICLICK INTERACTIVE ASIA GROUP LIMITED Unaudited Condensed Consolidated Balance Sheets (US$'000, except share data and per share data, or otherwise noted, unaudited) As of June 30, 2024 As of December 31, 2023 Assets Current assets Cash and cash equivalents, time deposits and restricted cash 70,239 41,264 Accounts receivable, net of allowance for credit losses of US$1,558 and US$1,571 as of June 30, 2024 and December 31, 2023 respectively 11,210 13,535 Other current assets 15,813 11,516 Discontinued operations 54,454 93,488 Total current assets 151,716 159,803 Non-current assets Other assets 3,727 3,596 Discontinued operations 112 305 Total non-current assets 3,839 3,901 Total assets 155,555 163,704 Liabilities and equity Current liabilities Accounts payable 3,310 4,462 Bank borrowings 36,932 1,965 Other current liabilities 23,830 20,200 Discontinued operations 56,607 93,445 Total current liabilities 120,679 120,072 Non-current liabilities Other liabilities 221 551 Discontinued operations 1,463 1,829 Total non-current liabilities 1,684 2,380 Total liabilities 122,363 122,452 Equity Ordinary shares – Class A (US$0.001 par value; 80,000,000 shares authorized as of June 30, 2024 and December 31, 2023, respectively; 38,752,446 shares and 44,477,356 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively) 39 45 Ordinary shares – Class B (US$0.001 par value; 20,000,000 shares authorized as of June 30, 2024 and December 31, 2023, respectively; 5,034,427 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively) 5 5 Treasury shares (218,396 shares and 6,398,616 shares as of June 30, 2024 and December 31, 2023, respectively)
Three US citizens released from prison in ChinaTrump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollarSeahawks are optimistic again and set to battle Cardinals for the NFC West lead
Si Chito Miranda, ang bokalista sa Parokya ni Edgar, nidepensa sa iyang asawa nga si Neri Naig ug nivouch kini sa innocence ni Neri. Gibuhat ni Chito Miranda human sa mga report nga gidakop si Neri sa di pa lang dugay kay ni violate kuno siya sa Section 28 sa Republic Act No. 8799, nga nailhan nga Securities Regulation Code. BASAHA POD NI: Neri Merinda, powerful nabanggaan sa negosyo, mao gidakop dayon? Chito Miranda mum on wife Neri Naig’s alleged arrest Chito Miranda defends wife Neri Naig after arrest: ‘Never siya nanloko’ Si Miranda mao rag nicompirmar sa mga niagi nga reports nga gibalita sa showbiz insider nga si Ogie Diaz sa Iyang vlog nga ang actress-businesswoman gidakop sa mga pulis sa Pasay City sa niaging katapusan sa semana tungod sa kasong estafa ug several counts of securities violation. Sa usa ka taas nga social media post niadtong Miyerkules, Nobyembre 27, si Miranda nistress nga ang gibuhat sa iyang asawa gigabayan sa pagkamatinud-anon ug kaluoy. “Praying na ma-sort out na ang lahat ng ito... kawawa naman yung asawa ko. Never nanloko si Neri, at never sya nanlamang sa kapwa. Never siyang kumuha or nanghingi ng pera kahit kanino man. Alam ng lahat yan. Tulong lang sya ng tulong hangga’t kaya nya. Minsan kahit di na nakakabuti sa kanya. Kadalasan nga, naaabuso na sya pero hinahayaan nya nalang, basta wala syang ginawang masama. Pinapa sa Diyos nya na lang,” matud pa sa caption sa mga hulagway ni Naig nga nagbuhat og mga outreach nga activity. Ang dako dako sa banda niemphasize nga si Naig gitreat unfairly sa dihang gidetalye niya unsa ang nahitabo sa pagdakop ni Naig. “Tulad ngayon, endorser lang sya tapos ginamit yung face nya to get investors. Kinasuhan sya ng mga nabiktima. Tapos last week, bigla na lang syang inaresto for the same case kahit hindi pa sya binigyan ng notice na may bagong criminal complaint pala laban sa kanya, and di nya na-defend yung sarili nya. Wala syang nareceive na letter from the prosecutor, walang subpoena, walang kahit anong notice. Yung mga dati, nareceive namin nya, at nag comply sya, (alam naman ng lahat na madali kami mahanap sa Alfonso),” matud pa niya. Bisan pa sa makahadlok nga naagian, niingon si Miranda nga naghope pa gihapon siya nga ang kaso batok ni Naig madismiss na, ilabi na nga ang syndicated estafa usa ka criminal complaint nga way bail. Niingon pa gyod siya nga duna pay laing parehas nga mga kaso batok ni Naig nga nadismiss na, ug naglaum sila nga maparehas pod ni sa uban nga madismiss pod. “Anyway, dinampot na lang sya bigla. Wala siyang kinuhang pera sa ibang tao, lahat ng pera nila na kay Chanda, ang may ari ng Dermacare. Sobrang bait po ni Neri... as in sooobra. Eto yung babaeng kinulong ninyo without bail, habang nakalaya pa yung mga tunay na may kasalanan,” matud pa niya. Mao rag nirefer si Miranda ngadto ni Chanda Atienza, nga nalista sa Securities and Exchange Commission nga usa ka chief operating officer sa usa ka derm clinic nga gitawag og Dermacare-Beyond Skincare Ventures, Inc., ug nahinganlan sa SEC’s Enforcement ug Investor Protection Department sa usa ka advisory tungod sa “enticing the public to invest in the said entity under its ‘Franchise Partner Agreement.’” Sa Mayo karong tuiga, ang SEC niingon nga nakafile na sila ug complaint batok sa companiya tungod sa illegal investment schemes, diin si Atienza usa sa mga respondent. Matud pa sa inquirer.net nga nisuway gyod sila og pangayo o kuha sa reaction ni Atienza ug sa Dermacare apan di sila mareach para makahatag sa ilang comment. Nipakita pod si Miranda sa kopya sa suwat nga gikan sa Dermacare nga nangayo og pasaylo ngadto ni Naig tungod kay nalambigit o naapil kini sa commotion sa ilang negosyo. Human gibutyag ni Diaz nga si Naig gidakop, ang National Capital Region Police Office—Southern Police District (NCRPO-SPD) nicompirmar dayon nga gidakop nila ang usa ka “alias Neri” tungod sa mga complaint nga estafa (swindling) ug kalapasan kabahin sa illegal nga pagbaligya ug distribute og securities nga walay registration ug approval sa SEC.Key details to know about the arrest of a suspect in the killing of UnitedHealthcare's CEOCooperation or Competition? On Nov. 7, Chinese President Xi Jinping sent a congratulatory message to President-elect Trump that said: “A stable, healthy, sustainably developing China-US relationship fits with the common interests of the two countries and with the expectations of international society. I hope the two sides will keep to the principles of mutual respect, peaceful coexistence, and win-win cooperation, strengthen channels of dialogue, improve control over differences, expand mutually beneficial cooperation, and move down the road of correctly getting along in a new period, with prosperity for both countries and benefits to the world.” Subsequently, other Chinese sources, as well as Xi in his final meeting with President Biden at the APEC summit on Nov. 16, repeated this line of thought: China wants more rather than less cooperation with the US. An article in the People’s Daily the day after Xi’s message by Zhong Sheng (The Bell), an authoritative editorial collective, reinforced it, saying: “Win-win cooperation is the trend of the times and should be the bottom line of China-US relations.” The writers reminded readers of China-US economic interdependence: “Today, China is the third-largest export market for U.S. goods, and the US is China’s third-largest trading partner. Over 70,000 US companies invest and operate in China, and exports to China alone support 930,000 US jobs. Last year, 1,920 new US companies were established in China, and 80 percent of US companies in China plan to reinvest their profits this year.” The commentary cited achievements of China-US cooperation in diplomacy, finance, climate change, and military-to-military communication. Thus, wrote Zhong Sheng, “whether promoting world economic recovery or resolving international and regional hotspot issues, China-US coordination and cooperation are needed.” Coordination and cooperation are very unlikely to be realized, however, because of probably insuperable obstacles each country has set. The second Trump administration will not merely reject engagement, as Biden’s did; this time around, relations with China will be on a much steeper slope. Under Trump, we will no longer hear about “managing” relations or looking for shared interests. US officials are unlikely to repeat promises to China to uphold the One-China policy and not seek to change China’s system. Stabilizing the US-China relationship, which drew praise from Xi at his final meeting with Biden — "The [China-US] relationship has remained stable on the whole,” Xi said — will no longer be important to Washington. There are several already clear reasons for this conclusion: Trump’s announced determination to impose very high tariffs on Chinese goods, his appointment of China hawks to key national security positions, the bipartisan hostility toward China in Congress, China’s high unfavorable rating in American public opinion, and the advice Trump has received from previous appointees in the Project 2025 report. Moreover, as I discuss below, Trump, unlike Biden, will not be distracted from his China policy by overseas conflicts. As for China, the emphasis on points of actual and potential collaboration with the US is just one piece of its America policy. Xi qualifies cooperation in important ways — by saying that the US must have a “correct strategic perception” of China, must adhere to the three principles mentioned in Xi’s message to Trump, and must choose between “partnership or rivalry.” Those qualifications aim at specific elements of US policy: security alliances directed at the “China threat,” military and political support of Taiwan, and denial of semiconductor and other high-tech exports to China. US presidents, Donald Trump least of all, have not been moved by appeals to principle. Nor have they been open to “correcting” their perceptions of China to suit Beijing. Nevertheless, it is worth examining where room for a China-US deal might exist. A major caveat is in order, however: We have to recognize that Donald Trump’s modus operandi centers, as Bob Woodward has said in his various books on Trump, on fear and winning. In Trump’s transactional framework, the “art of the deal” is to instill fear in the opponent, never fold, and focus on winning. And winning means getting a “good return on investment,” not compromising for short-term gain and most certainly not hoping to promote trust. In his first administration, Trump had to deal with advisers who were not all in on Trump’s style — policy managers who valued diplomacy as an alternative to confrontation. Now, with few guardrails to restrain Trump, he will dominate the policy making scene as never before. His appointments of loyalists, some of whom are viscerally hostile to China and others of whom are vastly inexperienced, virtually ensure that Trump’s word will be unquestioningly followed. We have three early signs of the China hawks’ intentions. In the House of Representatives, the Republicans’ “China Week” agenda — an agenda put forward in October 2024 that basically calls for decoupling from China in multiple ways, including in trade, investment, educational exchanges, and scientific collaboration — is being readied for approval with some Democrats’ support. And the bipartisan U.S.-China Economic and Security Review Commission’s annual report to Congress recommends even more provocative steps, such as revoking China’s bilateral free trade privileges; barring the import of technologies from China; and creating a Manhattan Project to achieve artificial intelligence capable of surpassing human cognition. A third sign comes from Project 2025, which Trump has disavowed even though many of its authors once worked for him. Among them are Kiron K. Skinner, who labels China "the defining threat"; Christopher Miller, who writes that China is “a challenge to American interests across the domains of national power" and an imminent threat to Taiwan; and Peter Navarro, author of books on the China threat. Navarro’s Project 2025 chapter includes this warning: “The clear lesson learned in both the Obama and Trump Administrations is that Communist China will never bargain in good faith with the U.S. to stop its aggression. An equally clear lesson learned by President Trump, which he was ready to implement in a second term, was that the better policy option was to decouple both economically and financially from Communist China as further negotiations would indeed be both fruitless and dangerous ... ” What might a good return on investment look like to Trump? Since his top priority is trade, he would aim at a major increase in Chinese purchases of US goods to reduce the trade deficit (even though that didn’t work the first time around) and improved conditions for US investments, all while retaining sharp restrictions on advanced technology exports to China. In return, Trump might be willing to lower US tariffs on Chinese imports. He also might induce Xi by promising to reduce US arms aid and high-level visits to Taiwan, though he might get pushback from strongly pro-Taiwan officials such as Marco Rubio (nominated for secretary of state) and Mike Waltz (nominated for national security adviser). Trump would be far less interested in making a deal on China’s military aid to Russia, climate change, scientific and other exchanges, or human rights. Some of those issues are important to some Republicans, but they rank low (if at all) among Trump’s priorities. Nor would strategic issues that have bipartisan and Pentagon concern necessarily get Trump’s attention: the South China Sea disputes (including protection of Philippines ships), US security coalitions in Asia (the Quad and AUKUS), and competition with China in the Pacific island microstates. In Trump’s mind, these involvements soak up US resources and risk unacceptable levels of commitment. But they could be bargaining chips. Trump might be willing to backtrack on US security commitments in Asia, bilateral and multilateral, if a winning commercial deal proved attainable. If the "art of a deal" proves illusory, Trump may seek to weaponize tariffs. But China might, as happened in Trump’s first term, prefer a trade war to giving in to Trump's demands. In my previous writings , I offered several reasons why the threat of very high US tariffs will not work with the Chinese. They're ready this time, and have already taken measures to deal with the tariff threat, such as by shifting export markets to the Global South and Europe. We’re at a point in US-China relations where deal making is going to be very difficult even in the best of circumstances. Mutual trust is very low, and once Trump takes over, initiatives to “get along,” as the Chinese say, will not be offered. Consequently, it will not take much to derail diplomacy altogether, as happened after the spy balloon incident in February 2023 or, in November 2024, China’s rejection of a meeting between defense ministers because (China said) of a US arms sale to Taiwan. Chinese proposals for deeper cooperation will be used to demonstrate that they are the reasonable party and that the Americans are as unpredictable as they are untrustworthy. And China will use that argument to try driving a wedge between the US and its allies in the European Union and East Asia. Feel the chill of the coming Cold War. — Mel Gurtov, syndicated by PeaceVoice , is Professor Emeritus of Political Science at Portland State University and blogs at In the Human Interest .
Four Canadian women honoured in World Rugby's Dream Teams of the YearCorebridge Financial CRBG has been analyzed by 7 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 4 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 2 0 0 2M Ago 1 1 1 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 $34.71, a high estimate of $37.00, and a low estimate of $33.00. This upward trend is evident, with the current average reflecting a 3.3% increase from the previous average price target of $33.60. Diving into Analyst Ratings: An In-Depth Exploration An in-depth analysis of recent analyst actions unveils how financial experts perceive Corebridge Financial. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Daniel Bergman TD Cowen Raises Buy $37.00 $35.00 Alex Scott Barclays Raises Equal-Weight $36.00 $34.00 Nigel Dally Morgan Stanley Raises Equal-Weight $34.00 $31.00 Daniel Bergman TD Cowen Announces Buy $35.00 - Alex Scott Barclays Raises Equal-Weight $34.00 $33.00 John Barnidge Piper Sandler Lowers Overweight $34.00 $35.00 Alex Scott Barclays Announces Equal-Weight $33.00 - Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Corebridge Financial. 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 Corebridge Financial compared to the broader market. Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Corebridge Financial's stock. This comparison reveals trends in analysts' expectations over time. Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Corebridge Financial's market standing. Stay informed and make data-driven decisions with our Ratings Table. Stay up to date on Corebridge Financial analyst ratings. Get to Know Corebridge Financial Better Corebridge Financial Inc provides retirement solutions and insurance products in the United States. It offers a broad set of products and services through five segments namely Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, Corporate and Other. The majority of its revenue derives from the Individual Retirement segment. Key Indicators: Corebridge Financial's Financial Health Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position. Negative Revenue Trend: Examining Corebridge Financial's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -66.08% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector. Net Margin: Corebridge Financial's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -58.44%, the company may face hurdles in effective cost management. Return on Equity (ROE): Corebridge Financial's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -9.62%, the company may face hurdles in achieving optimal financial returns. Return on Assets (ROA): Corebridge Financial's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.3%, the company may face hurdles in achieving optimal financial performance. Debt Management: Corebridge Financial's debt-to-equity ratio is below the industry average at 0.88 , reflecting a lower dependency on debt financing and a more conservative financial approach. How Are Analyst Ratings Determined? Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are. Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update. Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error. 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.
Trump Cabinet picks, appointees targeted by bomb threats and swatting attacksLosses for big technology stocks pulled major indexes lower on Wall Street. The S&P 500 fell 0.4% Wednesday. The Dow Jones Industrial Average slipped 0.3% from its record high a day earlier, and the Nasdaq composite lost 0.6%. Losses for Nvidia, Microsoft and Broadcom were the biggest weights on the market. Dell sank 12.2% after reporting revenue that fell shy of forecasts, and HP dropped 11.4% after giving a weaker-than-expected outlook. Treasury yields fell in the bond market. U.S. financial markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks wavered in afternoon trading on Wednesday, as losses for several Big Tech companies offset gains elsewhere in the market. The S&P 500 fell 0.4% in afternoon trading, even though more stocks were rising than falling in the index. The Dow Jones Industrial Average fell 135 points, or 0.3%, as of 3:05 p.m. Eastern time. Both indexes set records on Tuesday. The Nasdaq composite fell 0.5%. Losses for tech heavyweights helped pull the broader market lower. Semiconductor giant Nvidia slipped 1.6%. Its huge value gives it outsized influence on market indexes. Microsoft fell 0.9% Several personal computer makers added to Big Tech's heavy weight on the market following their latest earnings reports. HP sank 11.8% after giving investors a weaker-than-expected earnings forecast for its current quarter. Dell slumped 11.9% after its latest quarterly revenue fell short of Wall Street forecasts. Gains for financial and health care companies helped counter Big Tech's downward pull. Visa rose 0.9% and Thermo Fisher Scientific added 2.3%. The U.S. economy expanded at a healthy 2.8% annual pace from July through September, according to the Commerce Department, leaving its original estimate of third-quarter growth unchanged. The growth was driven by strong consumer spending and a surge in exports. The update follows a report on Tuesday from the Conference Board that said confidence among U.S. consumers improved in November, but not by as much as economists expected. Consumers have been driving economic growth, but the latest round of earnings reports from retailers shows a mixed and more cautious picture. Department store operator Nordstrom fell 8.5% after warning investors about a trend toward weakening sales that started in late October. Clothing retailer Urban Outfitters jumped 19.1% after beating analysts’ third-quarter financial forecasts. Weeks earlier, retail giant Target gave investors a discouraging forecast for the holiday season, while Walmart provided a more encouraging forecast. Consumers, though resilient, are still facing pressure from inflation. The latest update from the U.S. government shows that inflation accelerated last month. The personal consumption expenditures index, or PCE, rose to 2.3% in October from 2.1% in September. Overall, the rate of inflation has been falling broadly since it peaked more than two years ago. The PCE, which is the Federal Reserve's preferred measure of inflation, was just below 7.3% in June of 2022. Another measure of inflation, the consumer price index, peaked at 9.1% at the same time. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls to within range of the Fed's target of 2%. The central bank started raising its benchmark interest rate from near-zero in early 2022 to a two-decade high by the middle of 2023 and held it there in order to tame inflation. The Fed started cutting its benchmark interest rate in September, followed by a second cut in November. Wall Street expects a similar quarter-point cut at the central bank's upcoming meeting in December. “Today’s data shouldn’t change views of the likely path for disinflation, however bumpy," said David Alcaly, lead macroeconomic strategist at Lazard Asset Management. "But a lot of observers, probably including some at the Fed, are looking for reasons to get more hawkish on the outlook given the potential for inflationary policy change like new tariffs.” President-elect Donald Trump has said he plans to impose sweeping new tariffs on Mexico, Canada and China when he takes office in January. That could shock the economy by raising prices on a wide range of goods and accelerating the rate of inflation. Such a shift could prompt the Fed to rethink future cuts to interest rates. Treasury yields slipped in the bond market. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Tuesday. The yield on the two-year Treasury, which more closely follows expected actions by the Fed, fell to 4.22% from 4.25% late Tuesday. U.S. markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday.
Colby Rogers, Moussa Cisse lead Memphis to an 87-70 win over No. 16 MississippiA role reversal doomed the No. 22 Xavier Musketeers in their only loss of the season, against Michigan at the Fort Myers Tip-Off on Wednesday. Normally a team that avoids committing turnovers and pressures its opponent into making them, Xavier (6-1) will try to recapture its early-season winning form when it hosts South Carolina State on Sunday in Cincinnati. Through their six wins, the Musketeers had just 58 turnovers while forcing 82 by their opponents. But against the Wolverines, they lost the turnover battle 19-10 and the game 78-53. The Musketeers committed 14 turnovers in the first half and fell behind 41-30. Xavier head coach Sean Miller credited his team for typically playing an up-tempo style while avoiding mistakes, while also acknowledging that the turnover bug really bit them against the Wolverines. "We lost to a really good team; no shame in that," Miller said. "We, on top of that, didn't play well." "And that (avoiding turnovers) is something you (usually) do well? That's going to be hard to overcome against a quality team like Michigan." Leading scorer Ryan Conwell (17.6 points per game) gave the Musketeers a boost with 19 points. Zach Freemantle, second on the team at 15.4 ppg, added 14 points and 10 rebounds. Problematically, however, they also contributed to the turnover problem with three apiece. "We didn't play well enough to win the game," Miller said. "The game got out of hand. It's not like our guys quit. Their depth just continued to wear on us." The Musketeers also get 11 points and a team-high 4.4 assists per game from Dayvion McKnight. The guard had just one turnover against Michigan, but he also made just one of his eight shot attempts. Xavier may have an opportunity get right in the turnover area against the Bulldogs (4-4), who are No. 207 in the NCAA in assist-to-turnover ratio at 1.11. South Carolina State is fresh off an 82-53 road loss to Marshall on Wednesday, in a game in which turnovers weren't a huge problem. But assists and made shots were hard to come by for the Bulldogs. Leading scorer Drayton Jones (12.0 ppg) again paced his team in points with 10 vs. Marshall, but the Bulldogs as a team managed just six assists and shot terribly at the 3-point (18.8 percent) and the free-throw (47.1 percent) lines. Jones is also the team's leading rebounder with 5.1 a game, but no Bulldogs player is averaging more than two assists. It's all part of the learning process for coach Erik Martin, whose first team went 5-26 in 2022-23. The Bulldogs improved to 14-18 last season, including 9-5 in the Mid-Eastern Athletic Conference. "The only way you can grow sometimes is by failure or by struggling," Martin said this offseason. "You have to fail in order to learn how to deal with failure and move on and become the person you're supposed to be." --Field Level MediaOne of the biggest mobile games ever gets a surprise 4X city-builder sequel, and its dev is "absolutely not" confident in its $2 price tag: "It's a huge gamble!"
AP Trending SummaryBrief at 5:32 p.m. ESTOne of Sindh's largest universities, the University of Karachi, is struggling financially owing to a deficit of Rs2.101 billion caused by thousands of students across its various programmes who have failed to pay their tuition fees and dues. Hence, the varsity has now decided to penalise the defaulting students by preventing them from sitting exams unless they pay up. The University of Karachi (KU) has disclosed that some 16,506 students, across its morning, evening, and executive masters of business administration programmes, have not paid their long outstanding dues of more than Rs2,101.5 million from 2020 to 2024. This figure for defaulter students does not include research scholars enrolled in the MPhil/PhD and other postgraduate programmes. The data was shared during a meeting chaired by KU Vice Chancellor Professor Dr Khalid Mahmood Iraqi on Wednesday at the KU VC Secretariat to review the quantum of defaulting students primarily enrolled in the varsity's evening programme. The meeting was attended by Evening Programmes Director Professor Dr Imran Ahmad Siddiqui, deans of the faculties of Arts and Social Science Professor Dr Shaista Tabassum, Science Professor Dr Musarrat Jahan Yousuf, Pharmacy and Pharmaceutical Sciences Professor Dr Muhammad Haris Shoib, Islamic Studies Professor Dr Zahid Ali Zahidi, Students' Advisor Dr Nosheen Raza, and Finance Director Syed Jehanzeb. Meeting participants expressed concerns over the sum of unpaid dues and the large pool of defaulting students. Recommending measures to recover the unpaid dues from defaulters, participants suggested that defaulting students should not be allowed to appear for exams and that their admit cards must not be issued. A proposal to cancel the enrollment/degrees of defaulter graduate students was also discussed during the meeting. Ultimately, it was decided that since the defaulting students had overlooked all opportunities provided by KU to clear their dues, defaulting students from the evening programme who have cleared their dues will be provided with their admit cards and will be allowed to sit the exams. But those who had not, shall not be issued their admit cards or sit their exams. Should any such student manage to sit the exams, their results would be withheld. Thousands Protest in Karachi Against Federal Projects Threatening Sindh’s Resources, Autonomy Defaulting students The meeting participants reviewed student payment data from 2020 to 2024. They learnt that the varsity had issued some 36,767 fee vouchers worth Rs3.094 billion. Of this, some 20,261 students paid fees worth Rs992.71 million. However, some 16,506 students owed the varsity some 2.1 billion. The participants were informed that fee vouchers worth more than Rs1,558.87 million had been issued to 22,575 students in the morning programme. However, only 13,205 students had paid their dues worth over Rs567.32 million, while the remaining 9,370 students had failed to pay their fees worth more than Rs991.54 million, which is yet to be deposited by the students as tuition fees. They were told that only 36.39% of the total tuition fee due was received from students. Similarly, they were briefed that some 13,425 fee vouchers worth over Rs1,435.04 million were generated for students enrolled in the evening programme. Of these, some 6,543 students had cleared their dues worth Rs385.19 million. However, 6,882 students had not paid their dues worth over Rs1,049.84 million. The varsity's collection was a dismal 26.84% of the total fees due. Among the executive MBA (weekend programmes), some 767 fee vouchers were issued to students worth over Rs100.30 million. Of this, some 513 students had paid their fees worth Rs40.20 million, whereas 254 students were defaulting on fees worth over Rs60.10 million. Data provided to the participants of the meeting showed that of the total fees the varsity was owed, it had collected only 40.08%. Further, it showed that in 2024, fee collection in the evening programme was just 60.1%, whereas out of a total of 2,522 fee vouchers generated, some 1,541 students had cleared their dues, while 981 students were defaulters. Bilal Sheikh Praised As Role Model For Helping Thousands In UK Through Education Meanwhile, in 2023, fee collection was around 52.95% when around 3,912 fee vouchers were issued, of which 2,071 students paid their fees and 1,840 were defaulters. In 2022, fee collection was around 41.53% with around 3,272 fee vouchers issued, of which 1,359 students paid their tuition fees. The meeting was told that in 2021, about 3,231 fee vouchers were issued, of which students had paid 1,260, but 1,971 students were defaulters, which means only 39% of students paid their fees. In 2020, KU issued 338 fee vouchers, and 242 students paid their fees. Still, 96 students defaulted, reflecting that 71.60% had cleared their dues. The members were also informed that 151 students, who have graduated, still get fee vouchers. Of these, 70 students had paid their dues, while 81 former students were still defaulting on their payments, showing that 46.36% of ex-students have paid their dues.Police arrested a 26-year-old man on Monday in the Manhattan killing of UnitedHealthcare’s CEO after they say a Pennsylvania McDonald's worker alerted authorities to a customer who resembled the suspected gunman. The suspect, identified by police as Luigi Nicholas Mangione, had a gun believed to be the one used in Wednesday’s attack on Brian Thompson , as well as writings expressing anger at corporate America, police said. Here are some of the latest developments in the ongoing investigation: Where was the man captured? Mangione was taken into custody at around 9:15 a.m. after police received a tip that he was eating at a McDonald’s in Altoona, Pennsylvania, about 85 miles (137 kilometers) east of Pittsburgh, police said. People are also reading... Mangione was being held in Pennsylvania on gun charges and will eventually be extradited to New York to face charges in connection with Thompson’s death, said NYPD Chief of Detectives Joseph Kenny. What evidence did police find? In addition to a three-page, handwritten document that suggests he harbored “ill will toward corporate America,” Kenny said Mangione also had a ghost gun , a type of weapon that can be assembled at home and is difficult to trace. Officers questioned Mangione, who was acting suspiciously and carrying multiple fraudulent IDs, as well as a U.S. passport, New York Police Commissioner Jessica Tisch said at a news conference. Officers also found a suppressor, “consistent with the weapon used in the murder,” the commissioner said. He had clothing and a mask similar to those worn by the shooter and a fraudulent New Jersey ID matching one the suspect used to check into a New York City hostel before the shooting, Tisch said. What do we know about Mangione? Kenny said Mangione was born and raised in Maryland, has ties to San Francisco and that his last known address is in Honolulu, Hawaii. Mangione, who was valedictorian of his Maryland prep school, earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a university spokesman told The Associated Press on Monday. He learned to code in high school and helped start a club at Penn for people interested in gaming and game design, according to a 2018 story in Penn Today, a campus publication. His social media posts also suggest that he belonged to the fraternity Phi Kappa Psi. They also show him taking part in a 2019 program at Stanford University, and in photos with family and friends at the Jersey Shore and in Hawaii, San Diego, Puerto Rico, and other destinations. The Gilman School, from which Mangione graduated in 2016, is one of Baltimore’s elite prep schools. Some of the city’s wealthiest and most prominent people, including Orioles legend Cal Ripken Jr., have had children attend the school. Its alumni include sportswriter Frank Deford and former Arizona Gov. Fife Symington. In his valedictory speech, Luigi Mangione described his classmates’ “incredible courage to explore the unknown and try new things,” according to a post on the school website. He praised their collective inventiveness and pioneering mindset. Mangione comes from a prominent Maryland family. His grandfather Nick Mangione, who died in 2008, was a successful real estate developer. One of his best-known projects was Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. The father of 10 children, Nick Mangione prepared his five sons — including Luigi Mangione’s father, Louis Mangione — to help manage the family business, according to a 2003 Washington Post report. The Mangione family also purchased Hayfields Country Club north of Baltimore in 1986. On Monday, Baltimore County police officers blocked off an entrance to the property, which public records link to Luigi Mangione’s parents. A swarm of reporters and photographers gathered outside the entrance. Luigi Mangione is one of 37 grandchildren of Nick Mangione, according to his obituary. Luigi Mangione's grandparents donated to charities through the Mangione Family Foundation, according to a statement from Loyola University commemorating Nick Mangione’s wife’s death in 2023. They donated to various causes ranging from Catholic organizations to colleges and the arts. One of Luigi Mangione’s cousins is Republican Maryland state legislator Nino Mangione. A spokesman for the lawmaker's office confirmed the relationship Monday. The shooting and a quick escape Police said the person who killed Thompson left a hostel on Manhattan's Upper West Side at 5:41 a.m. on Wednesday. Just 11 minutes later, he was seen on surveillance video walking back and forth in front of the New York Hilton Midtown, wearing a distinctive backpack. At 6:44 a.m., he shot Thompson at a side entrance to the hotel, fled on foot, then climbed aboard a bicycle and within four minutes had entered Central Park. Another security camera recorded the gunman leaving the park near the American Museum of Natural History at 6:56 a.m. still on the bicycle but without the backpack. After getting in a taxi, he headed north to a bus terminal near the George Washington Bridge, arriving at around 7:30 a.m. From there, the trail of video evidence runs cold. Police have not located video of the suspected shooter exiting the building, leading them to believe he likely took a bus out of town. Police said they are still investigating the path the suspect took to Pennsylvania. “This just happened this morning," Kenny said. "We’ll be working, backtracking his steps from New York to Altoona, Pennsylvania,” Kenny said. Associated Press reporters Lea Skene in Baltimore and Cedar Attanasio in New York contributed to this report. 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