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Shares of Park Hotels & Resorts Inc. ( NYSE:PK – Get Free Report ) have earned a consensus rating of “Moderate Buy” from the twelve brokerages that are covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $18.09. A number of equities analysts have recently issued reports on the stock. Compass Point reduced their target price on shares of Park Hotels & Resorts from $25.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Wells Fargo & Company decreased their price target on Park Hotels & Resorts from $17.00 to $14.50 and set an “equal weight” rating on the stock in a report on Friday, September 13th. Bank of America dropped their price objective on Park Hotels & Resorts from $17.00 to $16.50 and set a “neutral” rating for the company in a report on Monday, October 21st. StockNews.com cut shares of Park Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 7th. Finally, UBS Group boosted their price target on shares of Park Hotels & Resorts from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, November 18th. Get Our Latest Stock Report on Park Hotels & Resorts Institutional Inflows and Outflows Park Hotels & Resorts Stock Performance NYSE:PK opened at $15.05 on Tuesday. The stock has a market capitalization of $3.11 billion, a P/E ratio of 9.59, a price-to-earnings-growth ratio of 0.81 and a beta of 2.02. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 1.24. Park Hotels & Resorts has a 1 year low of $13.23 and a 1 year high of $18.05. The firm has a 50 day moving average of $14.43 and a 200-day moving average of $14.75. Park Hotels & Resorts ( NYSE:PK – Get Free Report ) last posted its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.21). Park Hotels & Resorts had a return on equity of 9.63% and a net margin of 12.66%. The business had revenue of $649.00 million during the quarter, compared to analyst estimates of $646.15 million. During the same period in the prior year, the firm posted $0.51 EPS. Park Hotels & Resorts’s revenue for the quarter was down 4.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Park Hotels & Resorts will post 2.09 EPS for the current fiscal year. About Park Hotels & Resorts ( Get Free Report Park is one of the largest publicly traded lodging REITs with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 43 premium-branded hotels and resorts with over 26,000 rooms primarily located in prime city center and resort locations. Featured Articles Receive News & Ratings for Park Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Park Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter .Stanley Black & Decker Inc. stock underperforms Monday when compared to competitors
NonePresident-elect Donald Trump has once again suggested he wants to revert the name of North America’s tallest mountain — Alaska’s Denali — to Mount McKinley, wading into a sensitive and about what the peak should be called. Related Articles Former President Barack Obama changed the official name to Denali in 2015 to reflect the as well as the preference of many Alaska residents. The federal government in recent years has endeavored considered disrespectful to Native people. “Denali” is an Athabascan word meaning “the high one” or “the great one.” A prospector in 1896 dubbed the peak “Mount McKinley” after President William McKinley, who had never been to Alaska. That name was formally recognized by the U.S. government until Obama changed it over opposition from lawmakers in McKinley’s home state of Ohio. Trump suggested in 2016 that he might undo Obama’s action, but he dropped that notion after Alaska’s senators objected. He raised it again during a rally in Phoenix on Sunday. “McKinley was a very good, maybe a great president,” Trump said Sunday. “They took his name off Mount McKinley, right? That’s what they do to people.” Once again, Trump’s suggestion drew quick opposition within Alaska. “Uh. Nope. It’s Denali,” Democratic state Sen. Scott Kawasaki posted on the social platform X Sunday night. , who for years pushed for legislation to change the name to Denali, conveyed a similar sentiment in a post of her own. “There is only one name worthy of North America’s tallest mountain: Denali — the Great One,” Murkowski wrote on X. Various tribes of Athabascan people have lived in the shadow of the 20,310-foot (6,190-meter) mountain for thousands of years. McKinley, a Republican native of Ohio who served as the 25th president, was assassinated early in his second term in 1901 in Buffalo, New York. Alaska and Ohio have been at odds over the name since at least the 1970s. Alaska had a standing request to change the name since 1975, when the legislature passed a resolution and then-Gov. Jay Hammond appealed to the federal government. Known for its majestic views, the mountain is dotted with glaciers and covered at the top with snow year-round, with powerful winds that make it difficult for the adventurous few who seek to climb it.
In a significant presidential move, U.S. President Joe Biden commuted the sentences of 37 federal inmates on death row, effectively halting their impending executions. The decision was made public ahead of the transition to President-elect Donald Trump's administration. Biden's clemency action is a clear opposition to Trump's execution expansion plans. Despite facing criticism from Trump's camp and some Republican lawmakers, Biden stands firm on his commitment to ending the death penalty at the federal level, a promise he made during his 2020 campaign. Biden's decision has been lauded by human rights organizations, who view it as a pivotal step towards nationwide abolition. The move, however, excludes death row inmates convicted of terrorism and hate-motivated mass murder, sparking varied reactions across the political spectrum. (With inputs from agencies.)None
Tejon Ranch director Geoffrey Stack sells $94,590 in stockNEW YORK (AP) — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher after flipping between gains and losses several times during the day. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 461 points, or 1.1%, and the Nasdaq composite edged up by less than 0.1%. Nvidia rose just 0.5% after beating analysts’ estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations due to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia’s revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock meandered through Thursday as well, dragging the S&P 500 and other indexes back and forth. How Nvidia’s stock performs has more impact than any other because it’s grown into Wall Street’s most valuable company at roughly $3.6 trillion. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.7% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 8.3% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 ended up rising Thursday, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.7%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 4.7% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. All told, the S&P 500 rose 31.60 points to 5,948.71. The Dow jumped 461.88 to 43,870.35, and the Nasdaq composite added 6.28 to 18,972.42. In the crypto market, bitcoin eclipsed $99,000 for the first time before pulling back toward $98,000, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin got a further boost after Gary Gensler, the chair of the Securities and Exchange Commission, said Thursday he would step down in January . Gensler has pushed for more protections for crypto investors. Bitcoin and related investment have a notorious history of big price swings in both directions. MicroStrategy, a company that’s been raising cash expressly to buy bitcoin, saw an early Thursday gain of 14.6% for its stock quickly disappear. It finished the day with a loss of 16.2%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Stock indexes elsewhere in Asia and Europe were mixed. In the bond market, the yield on the 10-year Treasury inched up to 4.43% from 4.41% late Wednesday following some mixed reports on the U.S. economy. One said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.
Mutual of America Capital Management LLC cut its stake in Ryder System, Inc. ( NYSE:R – Free Report ) by 6.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,394 shares of the transportation company’s stock after selling 1,701 shares during the period. Mutual of America Capital Management LLC’s holdings in Ryder System were worth $3,411,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also recently modified their holdings of R. Natixis Advisors LLC grew its stake in shares of Ryder System by 15.2% in the 3rd quarter. Natixis Advisors LLC now owns 102,756 shares of the transportation company’s stock worth $14,982,000 after buying an additional 13,586 shares during the last quarter. KBC Group NV boosted its stake in Ryder System by 21.9% in the 3rd quarter. KBC Group NV now owns 1,232 shares of the transportation company’s stock worth $180,000 after purchasing an additional 221 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new stake in Ryder System during the 3rd quarter valued at about $396,000. Sigma Planning Corp bought a new stake in Ryder System during the 3rd quarter valued at about $208,000. Finally, Atria Investments Inc raised its holdings in Ryder System by 3.5% in the third quarter. Atria Investments Inc now owns 3,759 shares of the transportation company’s stock worth $548,000 after buying an additional 126 shares during the last quarter. 87.47% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth R has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut their price target on shares of Ryder System from $148.00 to $144.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Robert W. Baird boosted their price target on Ryder System from $140.00 to $155.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Finally, StockNews.com cut Ryder System from a “buy” rating to a “hold” rating in a research report on Tuesday, October 29th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $140.57. Ryder System Price Performance NYSE R opened at $165.72 on Friday. The stock has a market capitalization of $7.01 billion, a price-to-earnings ratio of 15.50 and a beta of 1.28. Ryder System, Inc. has a 1-year low of $105.09 and a 1-year high of $170.20. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.74 and a quick ratio of 0.74. The business’s fifty day moving average price is $150.57 and its 200-day moving average price is $136.42. Ryder System ( NYSE:R – Get Free Report ) last posted its earnings results on Thursday, October 24th. The transportation company reported $3.44 earnings per share for the quarter, beating analysts’ consensus estimates of $3.39 by $0.05. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.29 billion. Ryder System had a return on equity of 16.78% and a net margin of 3.83%. Ryder System’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.58 earnings per share. On average, equities analysts predict that Ryder System, Inc. will post 12.01 earnings per share for the current year. Ryder System Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Monday, November 18th will be given a dividend of $0.81 per share. The ex-dividend date is Monday, November 18th. This represents a $3.24 annualized dividend and a yield of 1.96%. Ryder System’s dividend payout ratio (DPR) is 30.31%. Insider Buying and Selling at Ryder System In other news, insider Thomas M. Havens sold 4,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $157.44, for a total transaction of $629,760.00. Following the completion of the sale, the insider now owns 20,504 shares of the company’s stock, valued at $3,228,149.76. The trade was a 16.32 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link . 5.10% of the stock is owned by corporate insiders. Ryder System Profile ( Free Report ) Ryder System, Inc operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full-service leasing and leasing with flexible maintenance options; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers; access to diesel fuel; and fuel planning and tax reporting, cards, and monitoring services, and centralized billing, as well as sells used vehicles through its retail sales centers and www.ryder.com/used-trucks website, as well as digital and technology support services. Featured Articles Want to see what other hedge funds are holding R? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ryder System, Inc. ( NYSE:R – Free Report ). Receive News & Ratings for Ryder System Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryder System and related companies with MarketBeat.com's FREE daily email newsletter .Swiss National Bank Lowers Holdings in Glaukos Co. (NYSE:GKOS)
Ceribell to Participate in the 43rd Annual J.P. Morgan Healthcare ConferenceA look at how some of Trump's picks to lead health agencies could help carry out Kennedy's overhaul
By CLAIRE RUSH President-elect Donald Trump has once again suggested he wants to revert the name of North America’s tallest mountain — Alaska’s Denali — to Mount McKinley, wading into a sensitive and decades-old conflict about what the peak should be called. Related Articles National Politics | A history of the Panama Canal — and why Trump can’t take it back on his own National Politics | Inside the Gaetz ethics report, a trove of new details alleging payments for sex and drug use National Politics | An analyst looks ahead to how the US economy might fare under Trump National Politics | Trump again calls to buy Greenland after eyeing Canada and the Panama Canal National Politics | House Ethics Committee accuses Gaetz of ‘regularly’ paying for sex, including with 17-year-old girl Former President Barack Obama changed the official name to Denali in 2015 to reflect the traditions of Alaska Natives as well as the preference of many Alaska residents. The federal government in recent years has endeavored to change place-names considered disrespectful to Native people. “Denali” is an Athabascan word meaning “the high one” or “the great one.” A prospector in 1896 dubbed the peak “Mount McKinley” after President William McKinley, who had never been to Alaska. That name was formally recognized by the U.S. government until Obama changed it over opposition from lawmakers in McKinley’s home state of Ohio. Trump suggested in 2016 that he might undo Obama’s action, but he dropped that notion after Alaska’s senators objected. He raised it again during a rally in Phoenix on Sunday. “McKinley was a very good, maybe a great president,” Trump said Sunday. “They took his name off Mount McKinley, right? That’s what they do to people.” Once again, Trump’s suggestion drew quick opposition within Alaska. “Uh. Nope. It’s Denali,” Democratic state Sen. Scott Kawasaki posted on the social platform X Sunday night. Republican Sen. Lisa Murkowski , who for years pushed for legislation to change the name to Denali, conveyed a similar sentiment in a post of her own. “There is only one name worthy of North America’s tallest mountain: Denali — the Great One,” Murkowski wrote on X. Various tribes of Athabascan people have lived in the shadow of the 20,310-foot (6,190-meter) mountain for thousands of years. McKinley, a Republican native of Ohio who served as the 25th president, was assassinated early in his second term in 1901 in Buffalo, New York. Alaska and Ohio have been at odds over the name since at least the 1970s. Alaska had a standing request to change the name since 1975, when the legislature passed a resolution and then-Gov. Jay Hammond appealed to the federal government. Known for its majestic views, the mountain is dotted with glaciers and covered at the top with snow year-round, with powerful winds that make it difficult for the adventurous few who seek to climb it. Rush reported from Portland, Oregon.
Australians now more often than any other type of media, including TV, radio and websites. While the increased use of social media platforms present new opportunities to access and engage with information, it also introduces serious challenges associated with the spread of misinformation. The sheer volume of information available on social media is overwhelming. These platforms can be used to target people with false, manipulative and misleading claims. It’s not surprising most adults regularly encounter false and misleading information when they are online. And those who use social media see misinformation the most. Although people are , our reveals that 97% of adults in Australia have limited skills to verify information online. Concerning findings Our study tested the ability of 2,115 adult Australians to verify information online. Our sample was representative of the Australian adult population. Participants were shown two real-life web pages and two social media posts. They were asked to evaluate each of them and decide whether the content is reliable and trustworthy. They were also instructed to explain the steps they took to reach the decision. To evaluate the content, participants could search online on use any device they had at hand. In all four tasks, respondents were first asked if the claims on the social media posts or websites were true. These questions had a correct answer. After the first question, participants were asked to explain how they reached their conclusion. If the respondent provided some evidence as to how they were able to verify the information, they were given one point. If the person clearly articulated how they conducted the verification task and provided sufficient evidence, they were given two points. The highest score achievable was eight points. We grouped respondents into three categories based on their scores: The results raise serious concerns about the ability of Australians to identify misinformation online. Almost half (45%) of adult Australians showed “no ability” to take basic steps to verify online information, and 52% had only an “emerging ability”. Only 3% of respondents were ranked with a “developing ability” because they scored four or more points. A large gap between assumption and reality Most studies about media literacy are based on people’s self-reports – what they say they can do. Prior to this research, very little was known about adult Australians’ actual ability to identify misinformation online. Our study reveals a large gap between what people say they can do and their actual ability. In , 42% of adult Australians said they were confident they could check if information found online is true. However, in our new study involving the same respondents, 39% of those who said they were confident didn’t demonstrate any ability to verify information, and 55% had only basic skills. This shows many people overestimate their ability. Another important finding from the current study: the ability to verify information online is low across the board, across all age groups. There wasn’t a huge difference between age groups – overall, the vast majority of Australians were struggling to verify information. That said, older Australians tended to score slightly lower. A little more than half of the 60–69 age group landed in the “no ability” category, compared to 38% of those aged 30–39 years. We did find that news and information consumption habits are related to people’s ability to verify information. Heavy news consumers scored higher. Only 36% of heavy news consumers were in the “no ability” group, compared to 59% of those who are non-news consumers. This indicates that regularly accessing quality information verified by professional journalists may help people distinguish fact-based and fact-checked stories from other information. What stands in the way of better verification skills? We found common challenges that may prevent people from making informed judgements about dubious information. One unhelpful behaviour was to rely on existing beliefs to decide if content is true, rather than scrutinise the claims made in the post. Another type of unhelpful strategy is to make a snap judgement about veracity based on a person’s past experience with a content producer or actor featured in the post. We also found many people accept content at face value, mostly based on their “gut feeling” or emotional response, rather than questioning the content. These unhelpful strategies prevented people from engaging in to verify sources and information. Rather than staying on the website, lateral reading is when you leave the page to check other sources to assess the credibility of the original site. How do we improve Australians’ ability to verify online content? Accessing reliable and trustworthy information enables citizens to make informed decisions about everything – from voting, to making purchases, to staying safe online, to accessing health advice and services. Australians must urgently update their media literacy skills to suit the online environment. However, unlike many advanced democracies such as or , Australia doesn’t have a national media literacy policy or strategy to ensure citizens are provided with support to help them verify information online. The good news is Australians do want access to media literacy support. In our study, 82% of participants agreed adults need access to media literacy education. They want this education to be delivered in a range of ways – via online tutorials, short videos and in libraries. The federal government just through the Senate, and some argue . Our work shows that without equipping citizens with media literacy, legislation can only have limited impact. Misinformation will remain part of our media diet: we all need to develop our ability to be able to identify and respond to it. To remove this article -
Meet the typical billionaire. He’s not exactly surprising.No. 12 Boise State (9-1, 6-0 Mountain West, No. 12 CFP) at Wyoming (2-8, 2-4,) Saturday, 7 p.m. ET (CBSSN) BetMGM College Football Odds: Boise State by 22 1/2. Series record: Boise State leads 17-1. Boise State enters its final conference game of the season with an eight-game winning streak - its longest single-season winning streak since 2014 - and with its sights set on a potential top-four seed in the College Football Playoff. With Boise State in front of BYU, the Broncos became the provisional No. 4 seed in the playoff with two weeks left in the regular season. Despite being mired in a two-win season, Wyoming would love to play the spoiler role against the Broncos. Wyoming’s rushing defense against Heisman Trophy candidate Ashton Jeanty. The junior running back comes into this one leading the nation in several categories, including rushing yards (1,893), rushing touchdowns (26), total touchdowns (27) and all-purpose yards (1,991). The Cowboys rank 116th in the nation in allowing 201.2 yards rushing per game. Boise State: WR Cameron Camper continues to play a pivotal role for the Broncos. As Jeanty draws the attention of opposing defensive units, it creates space in the secondary for Camper to operate. The senior leads the Broncos with 665 yards receiving with 40 catches, including four touchdowns. Wyoming: DE DeVonne Harris has proven to be effective for the Cowboys since missing time earlier this season with an injury. Harris registered a season-high six tackles with a tackle for loss and a fumble recovery at Colorado State and has three tackles for loss this season. Harris could be tasked to slow Jeanty in the running lanes while also applying pressure to Boise State quarterback Maddux Madsen. Boise State and Wyoming are two of the best teams on third downs on both sides of the ball with the Broncos’ offense checking in third nationally in third-down conversion percentage (52.7%) and Wyoming’s defense ranked fifth in the country in third-down conversion percentage against (.285). ... The Broncos, who own the third-best rushing offense in the country with 258.7 yards rushing per game, have run for 200 or more yards in eight games this season. ... Wyoming linebacker Connor Shay ranks second on the team with 62 tackles this season. His 6.2 tackles per game rank 20th in the conference. .. Wyoming has won 65.9% of its games in War Memorial Stadium, though the Cowboys are just 1-4 in Laramie this season. 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 .