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PG&E ( NYSE:PCG – Free Report ) had its target price lifted by Mizuho from $24.00 to $26.00 in a research note published on Wednesday morning, Benzinga reports. Mizuho currently has an outperform rating on the utilities provider’s stock. A number of other equities analysts have also recently commented on the stock. Bank of America assumed coverage on shares of PG&E in a research note on Thursday, September 12th. They issued a “buy” rating and a $24.00 price objective for the company. Jefferies Financial Group started coverage on PG&E in a research report on Monday, October 14th. They issued a “buy” rating and a $24.00 price target for the company. UBS Group upped their price objective on PG&E from $24.00 to $26.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Barclays lifted their target price on PG&E from $24.00 to $25.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Finally, Morgan Stanley increased their price target on PG&E from $19.00 to $20.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $23.10. View Our Latest Report on PCG PG&E Price Performance PG&E ( NYSE:PCG – Get Free Report ) last issued its quarterly earnings data on Thursday, November 7th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.05. PG&E had a return on equity of 12.51% and a net margin of 11.11%. The business had revenue of $5.94 billion for the quarter, compared to analysts’ expectations of $6.58 billion. During the same period in the prior year, the firm earned $0.24 EPS. The company’s revenue for the quarter was up .9% on a year-over-year basis. On average, equities research analysts forecast that PG&E will post 1.36 earnings per share for the current fiscal year. PG&E Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.01 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.18%. PG&E’s payout ratio is 3.13%. Institutional Trading of PG&E Several institutional investors and hedge funds have recently made changes to their positions in the business. Franklin Resources Inc. increased its stake in PG&E by 4.1% in the 3rd quarter. Franklin Resources Inc. now owns 17,116,725 shares of the utilities provider’s stock worth $346,443,000 after buying an additional 681,369 shares during the period. Tidal Investments LLC grew its stake in PG&E by 4.7% in the 3rd quarter. Tidal Investments LLC now owns 55,938 shares of the utilities provider’s stock worth $1,106,000 after acquiring an additional 2,527 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of PG&E during the third quarter worth approximately $349,000. Sanctuary Advisors LLC raised its stake in shares of PG&E by 21.7% during the third quarter. Sanctuary Advisors LLC now owns 87,919 shares of the utilities provider’s stock valued at $1,879,000 after acquiring an additional 15,648 shares in the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in shares of PG&E by 34.5% in the third quarter. TD Private Client Wealth LLC now owns 35,255 shares of the utilities provider’s stock valued at $697,000 after purchasing an additional 9,043 shares during the period. 78.56% of the stock is currently owned by institutional investors. About PG&E ( Get Free Report ) PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. Featured Articles Receive News & Ratings for PG&E Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PG&E and related companies with MarketBeat.com's FREE daily email newsletter .Passing on the examsCerity Partners LLC Lowers Position in Comerica Incorporated (NYSE:CMA)
No. 23 Alabama 83, Alabama St. 33
SANTA CLARA, Calif. — Brock Purdy pulled off his gray 49ers sweatshirt Friday and, as he headed for the locker room showers, his sore right shoulder was exposed. There was no noticeable swelling or lump, aside from minor marks via treatment he received since last Sunday’s once-subtle injury. His muscular 24-year-old build appeared stout as ever. Looks can be deceiving. So can words, in any NFL team’s injury descriptions, any Instagram doctors’ prognosis, or any reporters’ déjà vu feelings. “I don’t want to say there’s long-term concern,” coach Kyle Shanahan said Friday, referring to Purdy’s MRI exam and indicating the quarterback will miss Sunday’s game at Green Bay. Brandon Allen will make the spot start. For how long, though? Exercising caution is wise to protect a bona fide franchise quarterback who threw for a 49ers-record 4,280 yards last season on a surgically repaired elbow and is due for a 49ers-record contract extension at this season’s likely bitter end. Shanahan and general manager John Lynch indicated that Purdy’s MRI on Monday did not reveal a dire, franchise-altering ailment. “We thought he just needed some rest and really weren’t concerned about him not being good this week,” Shanahan said. “But when he started up Thursday, (his shoulder) just surprised him, surprised us, how it felt.” It’s no surprise, however, how a shoulder injury can grow into a bigger firestorm. For now, public proclamations are minimizing any long-range ramifications. Purdy was not made available to reporters, but as he walked through the locker room Friday, he tried to exude a positive outlook, saying: “We’re all good.” His demeanor remained as upbeat and polite as ever in an ensuing conversation with a staff member. Neither of Purdy’s understudies, Allen and Josh Dobbs, has a history of shoulder injuries, so they were hesitant to speak about how fear-inducing those must be for a quarterback. “I’m not too worried about it, I don’t think any of our guys are,” Allen said. “He’ll rehab and get back as fast as he can. And as far as shoulders, it happens. I don’t think it’ll be anything lingering or long-term for him.” Three seasons ago, when the 49ers last visited Lambeau Field, Jimmy Garoppolo was a week removed from hurting his shoulder – a torn capsule, the 49ers said – in a wild-card playoff win at Dallas. Garoppolo played through the injury, the 49ers won without scoring an offensive touchdown. Two months after losing in the NFC Championship Game, Garoppolo surprised the 49ers by electing to have surgery on his shoulder, complicating a potential trade or release and keeping him on the roster. That made for an awkward but necessary comeback in 2022 as he served as a helpful bridge between Trey Lance’s two-start cameo and Purdy’s late-season emergence for another playoff run. Go back nine years and there is another 49ers quarterback quandary. Colin Kaepernick was listed as probable to play at Seattle, but a day before kickoff, the 49ers surprisingly put him on injured reserve. He headed for surgery to repair a torn labrum in his non-throwing shoulder. Benched three weeks before that IR move, Kaepernick spent the ensuing offseason rehabilitating for what would be one final season with the 49ers and the NFL. An even messier shoulder story unfolded with Kaepernick’s predecessor, Alex Smith. A 2007 feud ensued between Smith and third-year coach Mike Nolan, who publicly dismissed Smith’s shoulder pain that traced back to a Sept. 30 separation. Smith played hurt a few games, then confessed to the nagging pain in his shoulder, after the 49ers had listed him out of practice with a forearm strain. Smith rallied and rebuilt his career, albeit under other coaches. Now it’s Purdy stepping aside for an unknown length of time. Allen relayed their Friday conversation: “He believes in me, says ‘You’re here for a reason. Go in, step up, play well.’ He’ll be back. So I’m not worried about it.” “He’s doing well. He’s in good spirits,” Dobbs added. “Obviously, I don’t want to speak for him, but he wants to be out there. So he will work his butt off to get back out there, and we’ll hold it down for him until he gets back.” ©2024 MediaNews Group, Inc. Visit at mercurynews.com . Distributed by Tribune Content Agency, LLC.Making Edmonton police response times public again: It's complicatedNone
LONDON (Reuters) – Arsenal are building momentum again after their bad patch but must maintain their resurgent form, manager Mikel Arteta said after his side’s 5-2 demolition of West Ham United on Saturday. The victory lifted Arsenal back to second place in the Premier league and confirmed they have engaged top gear again after a run of four winless league games before this month’s international break. Gabriel, Leandro Trossard, skipper Martin Odegaard, Kai Havertz and Bukayo Saka were all on target in a frenetic seven-goal first half at the London Stadium as Arsenal moved to 25 points, six behind Liverpool who host troubled champions Manchester City at Anfield on Sunday. “Yeah, we’ve got some momentum. I think we have some flow back, a real determination, winning consecutive matches against three opponents is great,” Arteta, who side beat Nottingham Forest 3-0 last Saturday and then followed up by beating Sporting 5-1 away in the Champions League, told reporters. “We’re going to enjoy tonight and watch a beautiful game of football tomorrow. We are in a great moment right now. “But in football be on your toes and prepare the best way possible,” added the Spaniard whose side host Manchester United in the Premier League on Wednesday. The return to fitness of captain Odegaard after a long lay-off with an ankle injury has been a major boost for Arsenal, while Saka looked rejuvenated after sitting out the last England camp with a niggling injury. As well as his penalty, Saka added two more assists on Saturday, taking his tally for the season to 10 in 13 games, four more than the next best total of Mohamed Salah. “Incredible. Because it is the hardest thing to do in football, so a player who can believe in those moments can impact the scoreline in that way, you know, the value of that is tremendous,” Arteta said of Saka. Saka was unplayable at times in the first half especially with Arsenal toying with their London rivals. “Today was a top performance from us and we scored a lot of goals – we are playing good football right now and we want to continue like this,” he said. “We are back to our best form. We look fluid and dynamic we are all enjoying it right now. “It has been a top week for us. We have built a lot of momentum and we want to go on to the next few games.” (Reporting by Martyn Herman, editing by Pritha Sarkar) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} 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() );
Shares of Lockheed Martin Co. ( NYSE:LMT – Get Free Report ) shot up 0.8% on Thursday . The company traded as high as $529.99 and last traded at $525.75. Approximately 890,394 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 1,077,345 shares. The stock had previously closed at $521.45. Analyst Upgrades and Downgrades A number of equities analysts have issued reports on LMT shares. Citigroup increased their price target on Lockheed Martin from $570.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. Robert W. Baird lifted their price target on shares of Lockheed Martin from $519.00 to $626.00 in a research note on Tuesday, October 22nd. StockNews.com cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 23rd. Melius Research raised Lockheed Martin to a “strong-buy” rating in a research report on Tuesday, September 3rd. Finally, JPMorgan Chase & Co. increased their price target on Lockheed Martin from $560.00 to $630.00 and gave the stock an “overweight” rating in a report on Monday, October 14th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $611.00. Get Our Latest Stock Analysis on LMT Lockheed Martin Stock Performance Lockheed Martin ( NYSE:LMT – Get Free Report ) last posted its quarterly earnings data on Tuesday, October 22nd. The aerospace company reported $6.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.50 by $0.34. Lockheed Martin had a net margin of 9.36% and a return on equity of 101.44%. The firm had revenue of $17.10 billion for the quarter, compared to the consensus estimate of $17.38 billion. During the same period in the previous year, the firm earned $6.77 EPS. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. As a group, analysts anticipate that Lockheed Martin Co. will post 26.94 earnings per share for the current year. Lockheed Martin Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Monday, December 2nd will be given a $3.30 dividend. This represents a $13.20 dividend on an annualized basis and a yield of 2.49%. This is an increase from Lockheed Martin’s previous quarterly dividend of $3.15. The ex-dividend date of this dividend is Monday, December 2nd. Lockheed Martin’s dividend payout ratio is presently 45.62%. Hedge Funds Weigh In On Lockheed Martin A number of hedge funds and other institutional investors have recently modified their holdings of LMT. Bank of Montreal Can boosted its position in Lockheed Martin by 2.1% in the third quarter. Bank of Montreal Can now owns 656,807 shares of the aerospace company’s stock worth $382,498,000 after purchasing an additional 13,253 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Lockheed Martin by 130.0% in the 2nd quarter. GAMMA Investing LLC now owns 3,572 shares of the aerospace company’s stock worth $1,668,000 after buying an additional 2,019 shares during the last quarter. Old West Investment Management LLC grew its position in Lockheed Martin by 6.6% during the third quarter. Old West Investment Management LLC now owns 26,633 shares of the aerospace company’s stock valued at $15,569,000 after buying an additional 1,643 shares during the period. Empower Advisory Group LLC increased its holdings in Lockheed Martin by 9.1% during the third quarter. Empower Advisory Group LLC now owns 22,016 shares of the aerospace company’s stock worth $12,870,000 after buying an additional 1,843 shares during the last quarter. Finally, Buck Wealth Strategies LLC bought a new stake in Lockheed Martin in the second quarter worth about $6,611,000. Hedge funds and other institutional investors own 74.19% of the company’s stock. Lockheed Martin Company Profile ( Get Free Report ) Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments. Featured Stories Receive News & Ratings for Lockheed Martin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lockheed Martin and related companies with MarketBeat.com's FREE daily email newsletter .Welling scores 21 as Utah Valley takes down West Georgia 77-74
Dallas, TX, USA, Nov. 25, 2024 (GLOBE NEWSWIRE) -- The Professional Pickleball Association (PPA Tour) and Major League Pickleball (MLP) are thrilled to announce the formation of PPA Asia and MLP Asia – in a significant milestone for the highest level of pickleball on a global scale. Asia joins the roster of regions hosting premier pickleball events and competitions for both professionals and amateurs. CLICK HERE FOR PHOTOS AND VIDEO (Credit: Carvana PPA Tour) "Asia has a rich tradition of racket sports, and we are excited to contribute to its sports culture with the arrival of pickleball," said Connor Pardoe, Founder and CEO of the PPA Tour. "With growing enthusiasm for the sport across the region, we see immense potential to bring the world's premier pickleball brands to Asian audiences through PPA Asia and MLP Asia. This is a massive moment for global pickleball and we're excited to continue to lead the charge. PPA and MLP Asia will bring their premier brands to major Asian markets, including China, Vietnam, Japan and Singapore. Set to launch in 2025, PPA Tour Asia will feature iconic venues and culminate in an October marquee event, uniting top pros from Asia, the United States and other regions from around the globe. MLP Asia will debut in 2025/2026, bringing franchised team play and establishing domestic leagues that will drive the sport's local presence and excitement. The new venture will be led by Managing Director Kimberly Koh, the former Partnerships Director at World Table Tennis with 13 years of sports marketing experience in the region. "As an athlete born in Vietnam and achieving success on the PPA Tour and Major League Pickleball in the United States, I see the impact these organizations have on growing the game," said Quang Duong, the highest-ranked Asian-born player on the PPA Tour and MLP. "With the passion for racket sports already established in the region, this is a huge moment for pickleball to explode across Asia and globally." "Bringing the highest level of professional pickleball to the world's largest continent is an amazing opportunity to grow both the pro and amateur games," said PPA Tour World No.1 (Doubles/Mixed) Ben Johns. "I look forward to connecting with fans across Asia and spreading the joy of the sport in the region." Anna Bright, MVP of MLP and a top-ranked PPA Tour player added, "The growth of pickleball in the United States has been amazing, and now we have the opportunity to bring the top tour and league in the sport to Asia – I know fans and players in the region will love pickleball just as much as we do." Since its founding in 2019, the PPA Tour has become the ultimate stage for pickleball, securing exclusive contracts with the world's best players and inviting amateurs to "Play Where the Pros Play" - competing in the same venues. Founded in 2020, MLP offers a unique, exciting, team-based format that has attracted high-profile owners such as LeBron James, Naomi Osaka, Jeremy Lin, and Heidi Klum. About PPA Asia and MLP Asia PPA and MLP Asia are dedicated to expanding the highest level of the sport of pickleball across Asia, focusing on developing professional talent and engaging new fans and players. Through world-class events, elite training, and partnerships, the organization aims to position pickleball as a leading sport across the region. For any partnerships or media enquiries, please contact media@upa-asia.com About Carvana PPA Tour: Founded in 2019, the Carvana PPA Tour is where pickleball's top athletes go head-to-head to determine the best male and female players in the world. The Carvana PPA Tour organizes and conducts tournaments at world-class facilities across the country, establishes player rankings, and showcases the world's best pickleball week in and week out. Inviting amateur players to also compete and "play where the pros play," the Carvana PPA Tour offers divisions for every age group and skill level. Characterized by a uniquely festive and fun atmosphere, Carvana PPA Tour events deliver unparalleled experiences for fans on-site, including pro player meet-and-greets, clinics, food, beverages, live entertainment, giveaways, games, shopping, and VIP upgrades. For more information, go to www.ppatour.com , and follow us on social: Twitter/X , Instagram , YouTube , Facebook , LinkedIn . About MLP by Margaritaville MLP by Margaritaville (Major League Pickleball) is the preeminent team-based professional pickleball league, featuring over 100 of the best athletes across 24 teams, a unique coed format, easy to understand scoring, iconic team owners, and the most electric live events and fan experience in the sport. Founded in 2021, MLP named its first-ever title sponsor, Margaritaville, branding the league MLP by Margaritaville in December 2022. For more information on Major League Pickleball, visit the official website and follow MLP on Facebook , Twitter , Instagram , TikTok and YouTube . Attachments PPA Asia x MLP Asia Pickleball World Championships 2024 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Telangana CM directs officials to prepare arguments on river water sharing
FY2024 Earnings Forecast for AGCO Issued By Zacks Research, a world-class photographer, a tight group of the very best whitewater paddlers on the planet, one of the top storytellers in kayaking, and a remote, little-explored river in Africa, you get one epic adventure. This adventure is showcased in the free online film . And, you’re going to want to watch it! On the equator, along the west coast of Africa, lies the country of Gabon. Cutting across the country is the Ivindo River, a remote high-volume waterway deep in the jungle. It was first explored by whitewater kayak by Olaf Obsommer and team in 2007. Obsommer returned in 2024 to help guide the team down this mighty river. The four-person SEND team consists of Adrian Mattern, , , and Kalob Grady. These are some of the very best whitewater paddlers in the world today, likely ever, and also a group of very close friends. Much of the Ivindo’s mighty rapids were portaged around during the 2007 expedition, as little was known about the area and the dense jungle made scouting difficult. Modern technology, in the form of satellite imagery and video drones, has opened up all-new ways to scout a river safely and quickly. Mattern has been dreaming up a trip to tackle the Ivindo’s rapids since he saw pictures of Obsommer’s group on the river. He planned the 10-12-day and 90-mile river expedition, and led the group. , a well-respected videographer and paddler, was along with the rest of this legendary crew to capture the story. He brought it all together in the editing room. The film is also narrated from the perspective of Arnaud, which helps give insights into all the happenings on the trip, not just the paddling. , a great action photographer and paddler himself, was also on this river trip to document the proceedings. Know that this isn’t a typical action online action film, but rather a documentary of a major whitewater kayak expedition in a remote land. It will, however, capture your attention, no matter if you’re a kayaker or not. Watch the film now on . 44 min. Read More The post appeared first on .The Left have a new boogeyman to target: Elon Musk. It's fine when guys like George Soros sink millions into DA and AG races in states where he doesn't live, and fine when Soros buys up radio stations and media outlets. That's (D)ifferent, naturally. But now that Elon Musk is doing it -- but in a way that the Left doesn't like -- it's a problem. Musk is 'disseminating disinformation' and allowing 'hate' to foment online. In reality, under Musk's leadership, X now better reflects the political make up of America. That also ticks off the Left, because they don't want Americans to know there's different, non-Leftist viewpoints out there. To that end, the fascists in the U.K. -- where they jail grandmas for Facebook memes -- are going to call Musk to Britain ti 'testify' about misinformation: UK MPs are expected to summon Elon Musk to testify on X's part in disseminating misinformation during an inquiry into the riots and the spread of misleading AI content. This is a trap. They’ll detain him at the border, demand to see the contents of his phone, and charge him... pic.twitter.com/wdHQfySwRJ Yeah, that's a trap. More from The Guardian : Elon Musk has said UK MPs “will be summoned to the United States of America to explain their censorship and threats to American citizens” in a fresh escalation of tensions between the world’s richest man and Labour. Musk, who has been a fixture at the side of Donald Trump since his reelection as US president, was responding to a Guardian report on Wednesday that the Commons’ science and technology select committee would call him to give evidence in the new year in its inquiry into the spread of harmful content on social media after the August riots. The committee’s chair, Chi Onwurah, a Labour MP, said she wanted to see how Musk, who owns the X social media platform, “reconciles his promotion of freedom of expression with his promotion of pure disinformation”. When they say 'disinformation', they mean 'things we don't like. It’s all part of a bloody coverup anyway. They’re seeking to scapegoat X for the riot so they don’t have to answer questions about the Southport stabber or how they knew he was an indoctrinated jihadist for months before it was revealed, and instead chose to imprison thousands of... Yep. Turns out the guy was a jihadist after the press spread actual misinformation that he wasn't. They will be summoned to the United States of America to explain their censorship and threats to American citizens BOOM. I have prepared Elon’s statement: pic.twitter.com/2C4qtd6laJ That's it. I’m pretty sure they gave up the right to summon American citizens when we kicked them out of our country 200+ yrs ago. The summer riots are a direct result of them ruining the lives of their own citizens Yup. We owe them nothing. I’m sure Elon understands this is a trap. It’s mind-boggling how they continue to say X is spreading disinformation. I believe X spreading the MISSING information. Perfectly stated. Elon should not leave U.S. soil until he leaves for Mars. https://t.co/frmyWzuVTI Solid advice. British MP’s can’t ‘summon’ anyone, let alone someone abroad, it’s not in their remit. The wording is cringeworthy, these people are so embarrassing to our country. Hope @elonmusk tells them to go f**k themselves. https://t.co/nKAaJdGeur Oh, he will. They can suck it. America beat the crown once and we'll do it again https://t.co/xDIh2VzOPh We will. People keep saying America should buy Greenland... Hear me out, what if we colonize the UK and give them the gift of the Constitution? https://t.co/o2Rehsf1gq We like this idea. It totally is. But Elon is a pretty smart dude, I don't think he'd fall for this... https://t.co/mYwxHcWTts He won't.
The precision technology flagged four men to officers after it was deployed this week in the town. One man was found to be wanted for assault and theft, with another man wanted for fraud. Local police made two further arrests after two men were picked up by the facial recognition technology for breaching a sexual prevention order. Supt Simon Hutchison, who oversees neighbourhood policing in Havering, said: “Having the cutting edge facial recognition technology to identify criminals in Romford has been valuable to not only take wanted offenders off the streets but also deter criminals from coming to the town. READ MORE: Grandfather's tragic death sparks safety improvements at Romford park "I hope this sends a message to wanted offenders that we will catch you and put you before the courts. "Our teams are working tirelessly to remove high harm offenders from our streets. "We are committed to making Havering safer, using data and technology to identify offenders that pose a risk to our community.”None
Verstappen stripped of pole after ‘super dangerous’ act; McLaren match point in title: Qualifying talking pointsNatixis Advisors LLC Sells 84,172 Shares of Federal Signal Co. (NYSE:FSS)Indeed, there are still plenty of high-yield that can be bought and held in a range of accounts for the very long term. No one’s going to live forever, but finding stocks that one can buy and hold for a few decades is key to building a sustainable long-term investment portfolio. When looking at many of the stocks in the market right now, I find it hard to make the argument that some may be around in five year’s time, let alone a few decades down the road. That said, ( ) is one top Canadian energy stock that I think fits the bill of a “buy-and-hold” stock for an investor with a time horizon of a decade or two. This Canadian energy giant remains important to the energy independence movement in North America and is well-positioned to continue to benefit from long-term trends such as population growth over time. Here’s why Suncor looks like a top buy-and-hold pick in my books and why this stock is one investors may want to consider adding or doubling down on during future potential dips. A sustainable business model The energy sector is highly cyclical, as many investors are well aware. However, Suncor’s ability to not only withstand various commodity price cycles in this sector but also come out of these cycles better than ever is notable. Suncor is a fully integrated energy company focused on providing crude oil (mainly from the company’s oil sands operations in Western Canada), synthetic crude and natural gas, as well as refining and other marketing-related activities with respect to its energy production initiatives. The company’s ability to provide consistent output growth and higher relative oil prices in recent years has led to solid earnings growth, which the company has continued to pass on to investors in the form of rising dividends. Currently providing investors with a dividend yield of 4%, I’d make the argument that this stock is a bond proxy investors should consider for its relative growth potential (seen in the stock chart above). Strong financials indicate future dividend hikes are likely In order for any company to provide investors with consistent dividend growth, a pathway toward stable and growing earnings ought to be present. In this regard, I think Suncor is among the top energy stocks to consider at this point in the market cycle. The company has provided relatively consistent earnings growth, coming in around 3% year over year, leading analysts to provide a consensus buy target on the stock and a price target of around 20% above current levels. With a price-to-earnings ratio of around nine times (a discount of roughly 15% compared to sector peers) and strong net debt reductions of around $500 million this past quarter, the company is both improving the quality of its balance sheet and providing bottom-line growth simultaneously. This should be a recipe for continued upside in the stock, given that one of the big knocks against Suncor in the past has been the quality of its balance sheet. Can this stock provide long-term gains? It’s becoming increasingly clear that many investors are starting to catch on to Suncor’s growth potential as well as its balance sheet improvements as a key reason to buy and hold this stock at current levels. Indeed, at the company’s current valuation, significant oil price declines are already being factored into Suncor stock. Thus, I’d argue that at current levels, there’s a substantial margin of safety built into this undervalued dividend stock right now. For those seeking passive income of around 4% per year moving forward, Suncor does look like a better option to me than many fixed-income securities out there. That’s because while bond yields are heading lower in Canada, that’s not the case throughout many parts of the world (including the U.S.). And with the Canadian dollar/U.S. dollar differential remaining an issue for many companies, a weaker Canadian dollar should benefit Suncor to a greater degree than other companies over the medium term. In my view, Suncor remains a top pick in this environment for those with a near-, medium-, or long-term outlook. This is a top dividend stock I’d consider on any significant pullbacks moving forward.
Bob Casey concedes Pa. Senate race, congratulates Dave McCormick on win‘You get in that comfort zone’: Dolphins recruit targets Blues recall amid Knights home truth — Off-season Central
S&P 500 registers 52nd record high of 2024 with analysts projecting targets of 7,000SANTA CLARA, Calif. (AP) — San Francisco quarterback Brock Purdy took part in some light throwing on Monday after missing his first career game because of an injury and the 49ers are hoping he can return this week. during a loss to Seattle on Nov. 17. Purdy underwent two MRIs last week that showed no structural damage. But Purdy he felt discomfort after making a few throws at practice on Thursday and was shut down for the game at Green Bay on Sunday that . Coach Kyle Shanahan said Monday that Purdy made it through the session without pain and will rest on Tuesday and hopefully be able to return to practice on Wednesday as the Niners prepare to play at Buffalo this coming week. “We rested it throughout the weekend hoping that would help,” Shanahan said. “He threw lighter today to see if that rest helps and the rest did help him. So we’ll see again, going through the same things we did last week. We’re going to let him rest all the way up to Wednesday. We’ll see how it feels on Wednesday and then we’ll take the exact same course throughout the week. Hopefully it responds better this week than it did last week with the rest.” went 17 for 29 for 199 yards with a touchdown, an interception and a lost fumble in his first start since the 2021 season. Allen would play once again if Purdy is unable to go on Sunday at Buffalo. Purdy wasn’t the only star player missing for the 49ers on Sunday with defensive end Nick Bosa missing the game with injuries to his left hip and oblique and left tackle Trent Williams out with an ankle injury. “Just waiting to see how they respond,” Shanahan said. “They didn’t respond great last week. That’s why they weren’t able to go. Nick and Trent are both in the same boat. ... We’ll evaluate as this week progresses and hopefully it turns a better corner than it did last week.” In other injury news, linebacker Dre Greenlaw will return to practice this week for the first time since tearing his Achilles tendon in the Super Bowl last season. Greenlaw will likely need at least a couple of weeks of practice before being able to return to play. Offensive lineman Jon Feliciano will be shut down for the rest of the season after his knee injury didn’t fully heal. Feliciano’s three-week practice window ended Monday and the Niners decided to keep him on injured reserve instead of activating him. Left guard Aaron Banks, defensive tackle Jordan Elliott and receiver Jacob Cowing all remain in concussion protocol to start this week and their status is unknown. Right guard Dominick Puni (shoulder) and cornerback Deommodore Lenoir (knee) underwent MRIs on Monday and the team is waiting for results. Cornerback Renardo Green (neck) and linebacker Demetrius Flannigan-Fowles (knee) are day to day. Defensive tackle Kevin Givens is expected to return to practice this week after missing the past four games with a groin injury. ___ AP NFL: