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top.646 MAI Capital Management Sells 808 Shares of UFP Industries, Inc. (NASDAQ:UFPI)Swiss National Bank decreased its position in Core & Main, Inc. ( NYSE:CNM – Free Report ) by 0.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 376,500 shares of the company’s stock after selling 1,700 shares during the period. Swiss National Bank’s holdings in Core & Main were worth $16,717,000 as of its most recent filing with the Securities & Exchange Commission. Other large investors have also recently added to or reduced their stakes in the company. Lazard Asset Management LLC raised its holdings in Core & Main by 370.9% in the 1st quarter. Lazard Asset Management LLC now owns 273,561 shares of the company’s stock valued at $15,661,000 after acquiring an additional 215,472 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Core & Main by 31.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,566,745 shares of the company’s stock valued at $89,697,000 after acquiring an additional 375,311 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in Core & Main by 35.9% in the 1st quarter. Advisors Asset Management Inc. now owns 45,940 shares of the company’s stock valued at $2,630,000 after acquiring an additional 12,139 shares in the last quarter. Rhumbline Advisers raised its holdings in Core & Main by 6.2% in the 2nd quarter. Rhumbline Advisers now owns 508,554 shares of the company’s stock valued at $24,889,000 after acquiring an additional 29,490 shares in the last quarter. Finally, Comerica Bank raised its holdings in Core & Main by 30.9% in the 1st quarter. Comerica Bank now owns 67,754 shares of the company’s stock valued at $3,879,000 after acquiring an additional 16,009 shares in the last quarter. Institutional investors and hedge funds own 94.19% of the company’s stock. Wall Street Analyst Weigh In A number of equities analysts have recently issued reports on the company. Truist Financial dropped their target price on Core & Main from $50.00 to $38.00 and set a “hold” rating for the company in a report on Thursday, September 5th. The Goldman Sachs Group dropped their target price on Core & Main from $57.00 to $50.00 and set a “neutral” rating for the company in a report on Friday, September 6th. JPMorgan Chase & Co. dropped their target price on Core & Main from $54.00 to $52.00 and set an “overweight” rating for the company in a report on Tuesday, September 3rd. Royal Bank of Canada dropped their target price on Core & Main from $60.00 to $53.00 and set an “outperform” rating for the company in a report on Thursday, September 5th. Finally, Loop Capital dropped their target price on Core & Main from $64.00 to $52.00 and set a “buy” rating for the company in a report on Thursday, September 5th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $51.20. Core & Main Stock Up 1.6 % NYSE CNM opened at $45.28 on Friday. The firm has a market cap of $9.11 billion, a PE ratio of 21.67, a price-to-earnings-growth ratio of 2.92 and a beta of 1.02. Core & Main, Inc. has a one year low of $34.02 and a one year high of $62.15. The stock’s 50 day simple moving average is $44.27 and its 200 day simple moving average is $48.77. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.29 and a quick ratio of 1.34. Core & Main ( NYSE:CNM – Get Free Report ) last announced its quarterly earnings data on Wednesday, September 4th. The company reported $0.61 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.13). The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $2.05 billion. Core & Main had a net margin of 5.58% and a return on equity of 21.91%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.66 earnings per share. As a group, sell-side analysts forecast that Core & Main, Inc. will post 2.1 earnings per share for the current fiscal year. About Core & Main ( Free Report ) Core & Main, Inc distributes water, wastewater, storm drainage, and fire protection products and related services to municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets in the United States. Its products portfolio include pipes, valves, hydrants, fittings, and other products and services; storm drainage products, such as corrugated piping systems, retention basins, inline drains, manholes, grates, geosynthetics, erosion control, and other related products; fire protection products, including fire protection pipes, and sprinkler heads and devices, as well as fabrication services; and meter products, such as smart meter products, meter sets, meter accessories, installation, software, and other services. Featured Stories Want to see what other hedge funds are holding CNM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Core & Main, Inc. ( NYSE:CNM – Free Report ). Receive News & Ratings for Core & Main Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Core & Main and related companies with MarketBeat.com's FREE daily email newsletter .

Swiss National Bank lessened its stake in SPS Commerce, Inc. ( NASDAQ:SPSC – Free Report ) by 1.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,300 shares of the software maker’s stock after selling 700 shares during the quarter. Swiss National Bank owned 0.19% of SPS Commerce worth $14,038,000 at the end of the most recent quarter. A number of other large investors have also made changes to their positions in SPSC. Public Employees Retirement Association of Colorado increased its holdings in shares of SPS Commerce by 2,099.1% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 96,782 shares of the software maker’s stock valued at $18,211,000 after purchasing an additional 92,381 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in SPS Commerce by 662.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 90,694 shares of the software maker’s stock valued at $17,065,000 after acquiring an additional 78,805 shares in the last quarter. F M Investments LLC purchased a new position in SPS Commerce during the 2nd quarter valued at about $13,869,000. Hantz Financial Services Inc. purchased a new position in SPS Commerce during the 2nd quarter valued at about $12,876,000. Finally, Conestoga Capital Advisors LLC increased its holdings in SPS Commerce by 2.4% during the 2nd quarter. Conestoga Capital Advisors LLC now owns 1,227,411 shares of the software maker’s stock valued at $230,950,000 after acquiring an additional 28,970 shares in the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock. SPS Commerce Stock Performance SPS Commerce stock opened at $189.13 on Friday. SPS Commerce, Inc. has a 1 year low of $160.58 and a 1 year high of $218.74. The firm has a 50 day moving average price of $186.72 and a 200 day moving average price of $191.24. The company has a market cap of $7.11 billion, a price-to-earnings ratio of 90.49 and a beta of 0.84. Insider Activity at SPS Commerce In other SPS Commerce news, CEO Chadwick Collins sold 6,839 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $169.69, for a total transaction of $1,160,509.91. Following the completion of the sale, the chief executive officer now directly owns 54,446 shares in the company, valued at $9,238,941.74. The trade was a 11.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . 1.00% of the stock is owned by insiders. Wall Street Analyst Weigh In SPSC has been the subject of several recent research reports. DA Davidson raised their target price on shares of SPS Commerce from $225.00 to $240.00 and gave the company a “buy” rating in a report on Friday, July 26th. Northland Securities downgraded shares of SPS Commerce from an “outperform” rating to a “market perform” rating and raised their target price for the company from $205.00 to $209.00 in a report on Monday, July 29th. Needham & Company LLC restated a “buy” rating and set a $230.00 target price on shares of SPS Commerce in a report on Friday, October 25th. Northland Capmk cut shares of SPS Commerce from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 29th. Finally, Craig Hallum raised their price target on shares of SPS Commerce from $210.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $223.63. View Our Latest Stock Report on SPS Commerce About SPS Commerce ( Free Report ) SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships. Featured Stories Want to see what other hedge funds are holding SPSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPS Commerce, Inc. ( NASDAQ:SPSC – Free Report ). Receive News & Ratings for SPS Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPS Commerce and related companies with MarketBeat.com's FREE daily email newsletter .Shoppers seeking updates on their online purchases are receiving fake shipping notifications — something that is heightened during the busy shipping season during the holidays. The endless texts and phishing emails alert shoppers to a delivery issue requiring immediate attention. Scripps News Baltimore Reporter Mallory Sofastaii spoke with multiple customers at the post office, who told her they have received these scam texts. Scammers just need one person to fall for it. “They’re desperately hoping that you will act so quickly that you will give them whatever they want so that they can steal money from you,” said Karen Morgan, executive council member and lead fraud volunteer with AARP Maryland. RELATED STORY | This phishing scam uses text messages pretending to be USPS with a delivery AARP is warning shoppers about these scam texts seeking personal information such as date of birth, Social Security Number, or account logins. And they received a report of someone paying a $0.99 re-delivery fee and later realizing they'd been charged $400. “Do not act quickly on any of these notifications. Stop a minute to recall, did you actually order something? Have you actually sent something? And by the way, if it's the post office, FedEx or UPS, don't they already have your address? Why do they need you to give it to them again?” Morgan suggested. USPS will never send a text or email without the customer first requesting tracking information and they do not charge for these services. “I have registered with the post office to receive emails,” said online shopper Ana Cruz, who uses USPS Informed Delivery , a free service to keep track of mail and packages that are scheduled to be delivered. Howard Shand said he doesn’t do a lot of online shopping. “I go direct to a store, so I don't really have that problem. You know, I shop early,” he added. And he said he's extra vigilant for a reason. “I've been scammed before, so, you know, it makes you more alert,” Shand said. “Just be careful. Pay attention and don't let down your guard easily.” It's important not to click on any links in these messages. Even if you don't enter your information, malware could be downloaded onto your device. And some of the links will take you to a fake login page designed to steal your password and then lock you out of your real account or to hack into other financial accounts. Click here to see the other 12 Scams of Christmas. This story was originally published by Mallory Sofastaii at Scripps News Baltimore .

AP Trending SummaryBrief at 3:14 p.m. EST

COLUMBUS, Ohio (AP) — Will Howard passed for two touchdowns and rushed for another, TreVeyon Henderson ran for a score and No. 2 Ohio State beat previously undefeated No. 5 Indiana 38-15 on Saturday. All Ohio State (10-1, 7-1 Big Ten, CFP No. 2) has to do now is beat Michigan at home next Saturday and it will earn a return to the Big Ten championship game for the first time since 2020 and get a rematch with No. 1 Oregon. The Ducks beat Ohio State 32-31 in a wild one back on Oct. 12. The Hoosiers (10-1, 7-1, No. 5 CFP) had their best chance to beat the Buckeyes for the first time since 1988 but were hurt by special teams mistakes and disrupted by an Ohio State defense that sacked quarterback Kurtis Rourke five times. “In life, all good things come to an end,” Indiana coach Curt Cignetti said. Late in the first half, Indiana punter James Evans fumbled a snap and was buried at his own 7-yardline with the Buckeyes taking over. That turned quickly into a 4-yard TD run by Henderson that gave the Buckeyes a 14-7 lead. Early in the second half, Caleb Downs fielded an Evans punt at the Ohio State 21, raced down the right sideline, cut to the middle and outran the coverage for a TD that put the Buckeyes up 21-7. It was the first time a Buckeye returned a punt for a touchdown since 2014. Howard finished 22 for 26 for 201 yards. Emeka Egbuka had seven catches for 80 yards and a TD. “Our guys just played with a chip today, and that’s the way you got to play the game of football,” Ohio State coach Ryan Day said. Indiana scored on its first possession of the game and its last, both short runs by Ty Son Lawson, who paced the Hoosiers with 79 rushing yards. Rourke was 8 for 18 for 68 yards. “We had communication errors, pass (protection), every time we dropped back to pass, something bad happened," Cignetti said. Indiana's 151 total yards was its lowest of the season. And it was the most points surrendered by the Hoosier's defense. Indiana: Its special season was blemished by the Buckeyes, who beat the Hoosiers for the 30th straight time. Indiana was eyeing its first conference crown since sharing one with two other teams in 1967. That won't happen now. “Ohio State deserved to win,” Cignetti said. “They had those (third quarter scores), and we just couldn’t respond.” Ohio State: Didn't waste the opportunities presented by the Hoosiers when they got sloppy. The Buckeyes led 14-7 at the break and took control in the second half. An offensive line patched together because of multiple injuries performed surprisingly well. “We know what was at stake," Day said. “We don't win this game, and we have no chance to go to Indianapolis and play in the Big Ten championship. And that's real. We've had that approach for the last few weeks now, more than that.” Some voters were obviously unsure of Indiana because it hadn't played a nationally ranked team before Ohio State. After this one, the Hoosiers will drop. Howard made history by completing 80% of his passes for the sixth time this season. No other Ohio State quarterback has done that. He completed his first 14 passes in a row and finished with a 85% completion rate. “I think Buckeye nation is now seeing, after 11 games, that this guy is a winner, he's tough, he cares about his teammates, he's a leader,” Day said. Indiana hosts Purdue in the regular-season finale next Saturday. Ohio State hosts rival Michigan on Saturday. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Mikha Fortuna thrives in playing match. —CONTRIBUTED PHOTO Mikha Fortuna will be opening defense of her ICTSI The Country Club Match Play Invitational against one of the tour’s rising young stars in Jiwon Lee of South Korea. And she’s more than willing to take on the challenge. “I totally love playing match play,” said Fortuna, the former University of Oklahoma standout who thumped Laurea Duque, 7&5 in last year’s final. “I played so many college matches back in Oklahoma, so I really enjoy the feeling of it.” The P1.5-million women’s event gets going on Nov. 26 at windswept The Country Club in Laguna, with Harmie Constantino, after winning the Order of Merit title, seeded first. “Jiwon is definitely a great player,” said Fortuna. “Knowing that she’ll be my first match, it’s going to be a great and competitive one, which I like. But I’m not setting any expectations—I’ll just stick to my game and enjoy the experience.” Despite that big win last year, Fortuna didn’t win a tour title this year, falling short—interestingly enough—by a shot to Lee in the Splendido leg in Tagaytay. “Overall, I’d say my season was okay. I had many opportunities to win, but that’s golf—it can be unpredictable,” she said. “There’s still so much to improve. But looking back, I’m happy with my performance. This week being the last, I’ll give it everything I have.” The top 16 players of last season advanced to the match play. Constantino faces Kayla Nocum, while second-ranked Sarah Ababa battles Pamela Mariano with third-ranked Chihiro Ikeda facing Kristine Fleetwood in the other notable opening round matchups. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy .None

Meadville Medical Center’s account of how a financing package from the Buhl Regional Health Foundation collapsed last Friday to buy Sharon Regional Medical Center differs greatly from that organization. Both organizations offered statements on how events unfolded. The timing, the amount of funding sought and its terms often contrast from each other. “For the sake of transparency and the good of the Sharon community, MMC needs to clarify the interactions it had with the Buhl Regional Health Foundation,’’ Meadville Medical said in its statement. Sharon Regional’s owner, Steward Health Care, has been selling most of its 31 hospitals as it’s mired in bankruptcy. Meadville Medical has been searching for financing to buy Sharon Regional without much luck. In its account Meadville Medical referred to itself as MMC and the foundation as BRHF. The first contact between the two non-profit organizations, MMC’s statement said, was when it wrote an April 22 letter to the foundation’s chair, Angela Palumbo. The letter asked the foundation for a $45 million financial package to help it buy and operate Sharon Regional. The foundation has assets totaling about $43 million, according to tax records. The breakdown given by MMC: • A $5 million grant to develop primary care resources over a two-year period. • A $10 million grant to be used over a two-year period for essential clinical technology and physical improvements at the Sharon hospital. • A $30 million line-of-credit from the foundation or a separate lender that would be used as needed for immediate items to operate and stabilize the hospital. The line-of-credit would be treated as a loan that MMC promised to repay to the foundation or lender at an interest rate to be agreed upon with the foundation. MMC said it told the foundation it would be available at any time to discuss this proposal. The foundation, MMC’s statement said, took three weeks to respond in a May 15 letter from Palumbo to Philip Pandolph, Meadville Medical’s president and CEO. The letter, MMC said in its statement, had two sentences which were: “Dear Mr. Pandolph: Thank you for your correspondence, dated April 22, 2024. The Buhl Regional Health Foundation’s Board of Directors is in the information gathering stage, and is not in a position to vote on any proposals at the present time.” “BRHF never made a single, specific request for information from MMC thereafter,’’ Meadville Medical’s statement said. In an e-mail MMC and State Sen. Michele Brooks, R-50th District, Jamestown, requested a meeting with the BRHF board, the statement said. Story continues below video BRHF’s executive director, Jennifer Barborak, didn’t request any supporting documents, Meadville Medical’s statement said. Further, MMC’s financial forecast was not completed at that time, nor was it the purpose of the requested meeting. In early July Brooks and Pandolph asked Barborack to arrange a meeting with the full BRHF board to discuss a potential collaboration to save SRMC, as well as, explain the MMC funding request and answer questions, the statement said. Barborak responded that she and Ms. Palumbo wouldn’t arrange a meeting for Brooks and Pandolph with the full board, as requested, MMC’s statement said. Instead, Barborak suggested that perhaps she could arrange a meeting with Brooks and Pandolph with the BRHF’ s executive committee – but that could not occur until sometime in September at the earliest. BRHF never scheduled any meetings for Brooks and Pandolph with either the foundation’s executive committee or the full board to pursue discussions designed to save Sharon Regional, MMC’s statement said. “In a last-ditch effort to save SRMC, Gov. Shapiro’s staff contacted BRHF leadership on Dec. 12 requesting an immediate $25 million grant to MMC’’ the statement said. The governor’s staff reiterated that request to the foundation’s full board on Friday, Dec. 13, the statement said “On the same day – and for the first time in eight months of crisis – BRHF finally invited MMC to discuss its plan for SRMC,’’ Meadville Medical’s statement said. The presentation lasted one hour between 3 to 4 p.m. – and at around 4 p.m. Palumbo halted discussions between the board and MMC concerning financial details to save SRMC, the statement said. “MMC shared during the presentation the findings of its independent financial expert including the projections it made in a very detailed seven-year operational and cash flow analysis,’’ MMC’s statement said. “MMC will leave it to the citizens of the Sharon region to determine if that one-hour discussion reflects adequate due diligence on the part of BRHF.’’ Given the passage of time and worsening condition of Sharon Regional, MMC said it needed a $25 million grant by Dec. 13, compared to the $15 million grant request it made in April. Meadville Medical’s statement added it also made clear that since April it needed a $30 million operating line of credit to give Sharon Regional adequate time to reverse its beleaguered finances left behind by Steward Health System, Sharon Regional’s owner. BRHF offered MMC only an $11 million line of credit,’’ Meadville Medical’s statement said. “The BRHF board members fully knew from the MMC presentation by Mr. Pandolph and MMC CFO (chief financial officer) Rene Suntay that an $11 million loan would in no way suffice to allow MMC to proceed with the SRMC transaction,’’ Meadville Medical’s statement said. “ BRHF’s inadequate funding commitment made it impossible for MMC to proceed and take necessary steps to attempt to save SRMC,’’ Meadville Medical’s statement said. “To our knowledge, throughout the entire process the BRHF never offered a single dollar toward the effort to save SRMC without the expectation of repayment.’’ In addition, all of the funds requested were to go the hospital in Sharon, not MMC, its statement added. “MMC shares the disappointment of the entire Sharon community that sufficient funds were not committed to allow MMC to work with Bob Rogalski, (Sharon Regional’s president) and all of SRMC’s wonderful doctors, nurses and support staff to save and rejuvenate SRMC,’’ Meadville Medical’s statement ended.

Mutual of America Capital Management LLC Increases Stock Position in Teleflex Incorporated (NYSE:TFX)