
The Digital Evolution of New Zealand’s Entertainment IndustryTrump says he can't guarantee tariffs won't raise prices, won't rule out revenge prosecutionsAces guard Kate Martin was selected by the Golden State Valkyries in Friday’s expansion draft. The Valkyries are the WNBA’s 13th franchise and will begin play next season. Martin, entering her second season, averaged 2.6 points, 1.6 rebounds and 0.9 assists in 11.5 minutes per game last season as a rookie out of Iowa. Her new team will be led by coach Natalie Nakase, who left her role as the Aces’ lead assistant for Golden State. When the Aces selected Martin with the No. 16 pick of the WNBA draft, Nakase was a vocal proponent of the decision. This is a developing story. Check back for updates.
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Trump says he can't guarantee tariffs won't raise prices, won't rule out revenge prosecutions12 analysts have expressed a variety of opinions on Dick's Sporting Goods DKS over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 5 4 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 3 4 4 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $251.17, a high estimate of $280.00, and a low estimate of $215.00. This upward trend is evident, with the current average reflecting a 1.25% increase from the previous average price target of $248.08. Deciphering Analyst Ratings: An In-Depth Analysis In examining recent analyst actions, we gain insights into how financial experts perceive Dick's Sporting Goods. 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 Joseph Feldman Telsey Advisory Group Maintains Outperform $260.00 $260.00 Christopher Horvers JP Morgan Raises Neutral $215.00 $211.00 Paul Lejuez Citigroup Lowers Neutral $230.00 $243.00 Warren Cheng Evercore ISI Group Maintains Outperform $280.00 $280.00 Anthony Chukumba Loop Capital Raises Hold $220.00 $200.00 Robert Ohmes B of A Securities Raises Buy $250.00 $240.00 Adrienne Yih Barclays Raises Overweight $254.00 $247.00 Michael Baker DA Davidson Maintains Buy $265.00 $265.00 Seth Basham Wedbush Maintains Neutral $250.00 $250.00 Joseph Feldman Telsey Advisory Group Maintains Outperform $260.00 $260.00 John Kernan TD Cowen Raises Buy $270.00 $266.00 Joseph Feldman Telsey Advisory Group Raises Outperform $260.00 $255.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Dick's Sporting Goods. This information offers a snapshot of how analysts perceive the current state of the company. Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Dick's Sporting Goods compared to the broader market. Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Dick's Sporting Goods's stock. This examination reveals shifts in analysts' expectations over time. Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Dick's Sporting Goods's market standing. Stay informed and make data-driven decisions with our Ratings Table. Stay up to date on Dick's Sporting Goods analyst ratings. Get to Know Dick's Sporting Goods Better Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 725 stores under its namesake brand (including outlet stores and House of Sport), and about 130 specialty stores under the Golf Galaxy and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack. Dick's Sporting Goods's Financial Performance Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence. Revenue Growth: Over the 3 months period, Dick's Sporting Goods showcased positive performance, achieving a revenue growth rate of 7.75% as of 31 July, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector. Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 10.43%, the company showcases strong profitability and effective cost control. Return on Equity (ROE): Dick's Sporting Goods's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 12.91%, the company showcases efficient use of equity capital and strong financial health. Return on Assets (ROA): Dick's Sporting Goods's ROA excels beyond industry benchmarks, reaching 3.69% . This signifies efficient management of assets and strong financial health. Debt Management: Dick's Sporting Goods's debt-to-equity ratio surpasses industry norms, standing at 1.5 . This suggests the company carries a substantial amount of debt, posing potential financial challenges. How Are Analyst Ratings Determined? Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter. Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability. 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.
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WASHINGTON (AP) — After several weeks working mostly behind closed doors, Vice President-elect JD Vance returned to Capitol Hill this week in a new, more visible role: Helping Donald Trump try to get his most contentious Cabinet picks to confirmation in the Senate, where Vance has served for the last two years. Vance arrived at the Capitol on Wednesday with former Rep. Matt Gaetz and spent the morning sitting in on meetings between Trump’s choice for attorney general and key Republicans, including members of the Senate Judiciary Committee. The effort was for naught: Gaetz announced a day later that he was withdrawing his name amid scrutiny over sex trafficking allegations and the reality that he was unlikely to be confirmed. Thursday morning Vance was back, this time accompanying Pete Hegseth, the “Fox & Friends Weekend” host whom Trump has tapped to be the next secretary of defense. Hegseth also has faced allegations of sexual assault that he denies. Vance is expected to accompany other nominees for meetings in coming weeks as he tries to leverage the two years he has spent in the Senate to help push through Trump's picks. The role of introducing nominees around Capitol Hill is an unusual one for a vice president-elect. Usually the job goes to a former senator who has close relationships on the Hill, or a more junior aide. But this time the role fits Vance, said Marc Short, who served as Trump’s first director of legislative affairs as well as chief of staff to Trump’s first vice president, Mike Pence, who spent more than a decade in Congress and led the former president’s transition ahead of his first term. ”JD probably has a lot of current allies in the Senate and so it makes sense to have him utilized in that capacity,” Short said. Unlike the first Trump transition, which played out before cameras at Trump Tower in New York and at the president-elect's golf club in Bedminster, New Jersey, this one has largely happened behind closed doors in Palm Beach, Florida. There, a small group of officials and aides meet daily at Trump's Mar-a-Lago resort to run through possible contenders and interview job candidates. The group includes Elon Musk, the billionaire who has spent so much time at the club that Trump has joked he can’t get rid of him. Vance has been a constant presence, even as he’s kept a lower profile. The Ohio senator has spent much of the last two weeks in Palm Beach, according to people familiar with his plans, playing an active role in the transition, on which he serves as honorary chair. Vance has been staying at a cottage on the property of the gilded club, where rooms are adorned with cherubs, oriental rugs and intricate golden inlays. It's a world away from the famously hardscrabble upbringing that Vance documented in the memoir that made him famous, “Hillbilly Elegy.” His young children have also joined him at Mar-a-Lago, at times. Vance was photographed in shorts and a polo shirt playing with his kids on the seawall of the property with a large palm frond, a U.S. Secret Service robotic security dog in the distance. On the rare days when he is not in Palm Beach, Vance has been joining the sessions remotely via Zoom. Though he has taken a break from TV interviews after months of constant appearances, Vance has been active in the meetings, which began immediately after the election and include interviews and as well as presentations on candidates’ pluses and minuses. Among those interviewed: Contenders to replace FBI Director Christopher Wray , as Vance wrote in a since-deleted social media post. Defending himself from criticism that he’d missed a Senate vote in which one of President Joe Biden’s judicial nominees was confirmed, Vance wrote that he was meeting at the time "with President Trump to interview multiple positions for our government, including for FBI Director.” “I tend to think it’s more important to get an FBI director who will dismantle the deep state than it is for Republicans to lose a vote 49-46 rather than 49-45,” Vance added on X. “But that’s just me.” While Vance did not come in to the transition with a list of people he wanted to see in specific roles, he and his friend, Trump’s eldest son, Donald Trump Jr., who is also a member of the transition team, were eager to see former Democratic Rep. Tulsi Gabbard and Robert F. Kennedy Jr. find roles in the administration. Trump ended up selecting Gabbard as the next director of national intelligence , a powerful position that sits atop the nation’s spy agencies and acts as the president’s top intelligence adviser. And he chose Kennedy to lead the Department of Health and Human Services , a massive agency that oversees everything from drug and food safety to Medicare and Medicaid. Vance was also a big booster of Tom Homan, the former acting director of Immigration and Customs Enforcement, who will serve as Trump's “border czar.” In another sign of Vance's influence, James Braid, a top aide to the senator, is expected to serve as Trump’s legislative affairs director. Allies say it’s too early to discuss what portfolio Vance might take on in the White House. While he gravitates to issues like trade, immigration and tech policy, Vance sees his role as doing whatever Trump needs. Vance was spotted days after the election giving his son’s Boy Scout troop a tour of the Capitol and was there the day of leadership elections. He returned in earnest this week, first with Gaetz — arguably Trump’s most divisive pick — and then Hegseth, who has was been accused of sexually assaulting a woman in 2017, according to an investigative report made public this week. Hegseth told police at the time that the encounter had been consensual and denied any wrongdoing. Vance hosted Hegseth in his Senate office as GOP senators, including those who sit on the Senate Armed Services Committee, filtered in to meet with the nominee for defense secretary. While a president’s nominees usually visit individual senators’ offices, meeting them on their own turf, the freshman senator — who is accompanied everywhere by a large Secret Service detail that makes moving around more unwieldy — instead brought Gaetz to a room in the Capitol on Wednesday and Hegseth to his office on Thursday. Senators came to them. Vance made it to votes Wednesday and Thursday, but missed others on Thursday afternoon. Vance is expected to continue to leverage his relationships in the Senate after Trump takes office. But many Republicans there have longer relationships with Trump himself. Sen. Kevin Cramer, a North Dakota Republican, said that Trump was often the first person to call him back when he was trying to reach high-level White House officials during Trump's first term. “He has the most active Rolodex of just about anybody I’ve ever known,” Cramer said, adding that Vance would make a good addition. “They’ll divide names up by who has the most persuasion here,” Cramer said, but added, “Whoever his liaison is will not work as hard at it as he will.” Cramer was complimentary of the Ohio senator, saying he was “pleasant” and ” interesting” to be around. ′′He doesn’t have the long relationships," he said. "But we all like people that have done what we’ve done. I mean, that’s sort of a natural kinship, just probably not as personally tied.” Under the Constitution, Vance will also have a role presiding over the Senate and breaking tie votes. But he's not likely to be needed for that as often as was Kamala Harris, who broke a record number of ties for Democrats as vice president, since Republicans will have a bigger cushion in the chamber next year. Colvin reported from New York. Associated Press writer Mary Clare Jalonick contributed to this report.
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Balancing finance, trade and adaption The urgency to grapple with climate change cannot be stressed enough, especially with developing countries bearing the higher brunt of this global crisis that they have contributed the least to. Most climate-vulnerable countries look towards international negotiation platforms like the ones offered at the Conference of the Parties to put forward their concerns and scale up any substantive climate action. Viewing it from a broad spectrum, these negotiations provide an insight into how multilateralism comes into action when pursuing a common goal like the climate crisis. While all parties involved push for escalating climate action, the approach amongst different groups of countries is varied. For instance, Small Island Developing States and other climate-vulnerable developing countries would advocate more for accessible climate finance that can be channeled to climate adaptation and mitigation. Developed countries like the USA and several European countries, at least, observed in COP29, are more hooked on diversifying the sources of climate finance to ramp up mitigation and adaptation initiatives. Intrinsically, every country shapes climate action demands based on its domestic climate, economic, and social landscape. These factors feed into the negotiations put forward by different countries on such global platforms. No COP can be termed fully successful since a certain group would feel that their demands might not have gotten the light they intended to get. However, some positive conclusions do come to the surface. For instance, at COP29, governments agreed on rules on how countries can formulate, trade, and register carbon credits after years of impasse. International carbon markets over the years witnessed a decay of credibility having crashed twice in the last two decades. A study found that less than 16 percent of issued carbon credits translated into any substantive real emissions reductions. Hence, having an agreed set of international rules on carbon markets is a commendable outcome of the recent international climate negotiations. A significant aspect of negotiations that should be accentuated more is trade, forming an important part of multilateralism. For instance, the European Union is undergoing a green transformation in its trade policy. While in itself, it is a positive step taken towards sustainability, several developing countries face this sudden onus of decarbonization which is not fair to them. For example, the European Union’s carbon border levy will put a higher price on cement, and other imports based on their carbon dioxide emissions. The costly climate-related trade policies inflicted by wealthy countries should incorporate the longer-term repercussions of such immediate policies. Hence, the international climate negotiation must incorporate climate-related concerns for international trade. Another topic that these climate negotiations should be tackling more widely is Artificial Intelligence and digitization. The irony needs to be understood here: while digitization can be used to understand climate factors like meteorological variables (precipitation, temperature, etc.) better, helping formulate effective climate mitigation and adaptation policies, the data centres and cloud computing are mostly powered by fossil fuels, and the burning of these petrochemicals means more greenhouse gas emissions into the atmosphere. Climate finance has always taken centrestage in these negotiations because, at the end of the day, climate finance is needed to implement climate action which can be capital-intensive. It is especially hard for developing countries since many countries are politically and economically fragmented and a good deal of climate finance is needed to mitigate the impact of the climate crisis. While the recent COP29 set a goal of mobilizing at least $300 billion per year by 2035, three times more than the previous goal of $100 billion per year till 2020, a myriad of resentments was observed from different countries. Any quantitative goals were scarce for three facets of climate finance (mitigation, adaptation, and loss and damage). There should have been more focus on loss and damage since last year, COP28, signaled a positive outcome in the establishment of funds for loss and damage. Only, a total of $84.6 million has been pledged, with the largest amount coming from Australia of $32.6 million this year towards that fund. This paints a negative picture of how wealthy countries, like the USA and the UK, are stressing the urgency of funding such funds. Last year, the pledges made to the fund for loss and damage totaled $647.1 million. Similarly, the qualitative improvements to climate finance were not substantive, consisting of mostly non-binding calls to improve concessionality, transparency, and access to finance. An adaptation goal could have been implemented since several groups agreed to upscale adaptation finance to $85 billion by 2035, but it was not incorporated into the decision. However, for adaptation, an important step taken was the Baku Adaptation Roadmap building on Article 7 of the Paris Agreement that provided for the establishment of the global goal on adaptation, aiming to enhance adaptive capacity, strengthen resilience, and reduce vulnerability to climate change. This will help encourage regular reviews, and accountability, solidifying more commitment towards climate adaptation. While strides like the agreement on international carbon market rules and the Baku Adaptation Roadmap showcase positive momentum, the gaps in climate finance goals and trade equity underscore the need for greater commitment and inclusivity. The road to Brazil next year offers a pivotal opportunity to set more concrete, actionable targets, especially for climate finance, adaptation, and loss and damage. By incorporating innovative financing solutions, equitable trade practices, and the transformative potential of technology, the global community can move closer to a truly multilateral and sustainable approach to tackling the climate crisis. Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );Why was Rami Ranger stripped of his CBE? A battle over free speech and community values
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