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2025-01-24
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top 5 online casino sites Luke's Extra Points: Rahmir Johnson's clutch run, and Dylan Raiola pushes right buttonsCALGARY, Alberta, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce its 2025 budget with capital projects that will balance cash flow growth while continuing to deliver a durable return of capital framework that will direct 100% of Free Cash Flow to share buybacks in 2025. Corporate Consolidated Strategy and Outlook Value Creation Strategy. Athabasca provides a differentiated liquids-weighted growth platform through its low-decline, long-life Thermal Oil assets. Athabasca’s subsidiary company, Duvernay Energy Corporation (“DEC”), is designed to enhance value for Athabasca’s shareholders by providing a clear path for self-funded production and cash flow growth in the Kaybob Duvernay resource play. Athabasca (Thermal Oil) and DEC have independent strategies and capital allocation frameworks. The primary strategic objective is to generate top-tier cash flow per share growth over the long term. 2025 Consolidated Budget. Athabasca is planning capital expenditures of ~$335 million with average production of 37,500 – 39,500 boe/d (98% Liquids) and an exit rate of ~41,000 boe/d. Growth in production comes from the expansion plans at Leismer and development of the Duvernay assets. Cash Flow Per Share Growth . The Company forecasts consolidated Adjusted Funds Flow between $525 – $550 million 1 . Every +US$1/bbl move in West Texas Intermediate (“WTI”) and Western Canadian Select (“WCS”) heavy oil impacts annual Adjusted Funds Flow by ~$10 million and ~$17 million, respectively. Athabasca forecasts generating ~$1.8 billion of Free Cash Flow 1 from its Thermal Oil assets over five years (2025-29), representing ~65% of its current equity market capitalization. Investing in attractive capital projects and prioritizing share buybacks results in ~20% compounded annual cash flow per share 2 growth through this forecast period. Financial Resiliency. Athabasca maintains a strong and differentiated balance sheet with a $135 million consolidated Net Cash position, including ~$335 million of cash. DEC has no debt and operates within its annual Adjusted Funds Flow and its balance sheet. Athabasca (Thermal Oil) also has $2.4 billion in tax pools, including $1.9 billion of immediately deductible non-capital loses and exploration pools, sheltering cash taxes until beyond 2030. Athabasca (Thermal Oil) – 2025 Budget Highlights Capital Program . The Thermal Oil budget is ~$250 million with activity focused primarily on advancing progressive growth to 40,000 bbl/d at Leismer by the end of 2027. The program at Leismer will include the tie-in of six redrills and four new sustaining well pairs on Pad 10 early in 2025, additional development at Pad 10 and 11, and continued facility expansion work. At Hangingstone two new extended reach sustaining well pairs (~1,400 meter average laterals) will be on stream in Q1 2025 and are expected to maintain annual production. The Budget includes routine maintenance at both assets. Production Growth . Annual Thermal Oil production guidance is 33,500 – 35,500 bbl/d. Leismer is expected to achieve 40,000 bbl/d by the end of 2027 at an attractive capital efficiency of ~$25,000/bbl/d. Hangingstone production will be maintained by utilizing existing plant capacity, resulting in capital efficiencies of ~$15,000/bbl/d. The Company has ~1.2 billion barrels of Proved plus Probable reserves and ~1 billion of Contingent Resource. These Thermal Oil assets underpin decades of reserve life with estimated sustaining capital investment of ~C$8/bbl (five-year annual average) to hold production flat. Robust Free Cash Flow. During the five-year time frame (2025-29), Athabasca (Thermal Oil) forecasts generating $1.8 billion in Free Cash Flow 1 , representing ~65% of its current equity market capitalization. Competitive and Resilient Break-evens. Thermal Oil is competitively positioned with sustaining capital to hold production flat funded within cash flow below US$50/bbl WTI 1 and growth initiatives fully funded within cash flow below US$60/bbl WTI 1 . The Company’s operating break-even is estimated at ~US$40/bbl WTI 1 . Exposure to Strong Heavy Oil Pricing. With the start-up of the Trans Mountain pipeline expansion in May, spare pipeline capacity is driving tighter and less volatile WCS heavy differentials. Regional liquids pricing benchmarks have also been supported by a depreciating Canadian currency relative to the United States. Every +US$1/bbl move in West Texas Intermediate (“WTI”) and WCS heavy oil impacts annual Adjusted Funds Flow by ~$10 million and ~$17 million, respectively. Pre-payout Thermal Oil Differentiation. Strong margins and Free Cash Flow are supported by a Thermal Oil pre-payout Crown royalty structure, with royalty rates between 5 – 9% anticipated to last to the end of 2027 at Leismer and beyond 2030 at Hangingstone. Duvernay Energy Corporation – 2025 Budget Highlights Capital Program. The DEC budget is ~$85 million with activity including the completion of a 100% working interest (“WI”) three-well pad that was drilled in 2024 and the drilling and completion of a 30% WI multi-well pad. Activity will also include spudding two additional multi-well pads in H2 2025 (one operated 100% WI pad and one 30% WI pad) with completions to follow in 2026. DEC is also constructing strategic water and egress expansions on its operated assets. High Netback Production. Annual production guidance is ~4,000 boe/d (77% Liquids) with growth to ~5,500 boe/d by the end of 2025. The Kaybob Duvernay’s high liquid weighting supports strong margins with current type wells forecasted to payout in ~13 months 1 and further cost improvements are expected as the Company executes larger multi-well pad design. Growth Plans. Development will be self-funded within DEC through utilization of 100% of its annual Adjusted Funds Flow and its balance sheet. The Company has self-funded growth potential to in excess of ~20,000 boe/d (75% Liquids) by the late 2020s 1 . Return of Capital 100% of Free Cash Flow Directed to Share Buybacks. In 2025, the Company plans to maintain its commitment to return 100% of Thermal Oil Free Cash Flow to shareholders through share buybacks. In 2024, the Company has completed ~$280 million in share buybacks to the end of November. Share buybacks were initiated in April 2023 and have totaled ~$440 million to date. Focus on Per Share Metrics: A steadfast commitment to cash flow growth and return of capital has driven a 108 million share reduction (~17%) in the Company’s fully diluted share count since March 31, 2023. The Company has realized ~100% cash flow per share growth since 2022 and the corporate strategy is to continue to generate top tier cash flow per share growth over the long term. Footnote: Refer to the “Reader Advisory” section within this news release for additional information on Non‐GAAP Financial Measures (e .g. Adjusted Funds Flow, Free Cash Flow, Sustaining Capital, Net Cash ) and production disclosure. 1 Pricing Assumptions: 2025: US$70 WTI, US$12.50 WCS heavy differential, C$2 AECO, and 0.725 C$/US$ FX. 2026+: US$70 WTI, US$12.50 WCS heavy differential, C$3 AECO, and 0.725 C$/US$ FX. 2 The Company’s illustrative multi-year outlook assumes a 10% annual share buyback program at an implied share price of 4.5x Enterprise Value/Debt Adjusted Cash Flow in 2026 and beyond. About Athabasca Oil Corporation Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. Situated in Alberta’s Western Canadian Sedimentary Basin, the Company has amassed a significant land base of extensive, high quality resources. Athabasca’s light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which Athabasca owns a 70% equity interest. Athabasca’s common shares trade on the TSX under the symbol “ATH”. For more information, visit www.atha.com . Reader Advisory: This News Release contains forward-looking information that involves various risks, uncertainties and other factors. All information other than statements of historical fact is forward-looking information. The use of any of the words “anticipate”, “plan”, “project”, “continue”, “maintain”, “may”, “estimate”, “expect”, “will”, “target”, “forecast”, “could”, “intend”, “potential”, “guidance”, “outlook” and similar expressions suggesting future outcome are intended to identify forward-looking information. The forward-looking information is not historical fact, but rather is based on the Company’s current plans, objectives, goals, strategies, estimates, assumptions and projections about the Company’s industry, business and future operating and financial results. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. No assurance can be given that these expectations will prove to be correct and such forward-looking information included in this News Release should not be unduly relied upon. This information speaks only as of the date of this News Release. In particular, this News Release contains forward-looking information pertaining to, but not limited to, the following: our strategic plans; the allocation of future capital; timing and quantum for shareholder returns including share buybacks; the terms of our NCIB program; our drilling plans and capital efficiencies; production growth to expected production rates and estimated sustaining capital amounts; timing of Leismer’s and Hangingstone’s pre-payout royalty status; applicability of tax pools and the timing of tax payments; Adjusted Funds Flow and Free Cash Flow over various periods; type well economic metrics; number of drilling locations; forecasted daily production and the composition of production; our outlook in respect of the Company’s business environment, including in respect of the Trans Mountain pipeline expansion and heavy oil pricing; and other matters. In addition, information and statements in this News Release relating to "Reserves" and “Resources” are deemed to be forward-looking information, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described exist in the quantities predicted or estimated, and that the reserves and resources described can be profitably produced in the future. With respect to forward-looking information contained in this News Release, assumptions have been made regarding, among other things: commodity prices; the regulatory framework governing royalties, taxes and environmental matters in the jurisdictions in which the Company conducts and will conduct business and the effects that such regulatory framework will have on the Company, including on the Company’s financial condition and results of operations; the Company’s financial and operational flexibility; the Company’s financial sustainability; Athabasca's cash flow break-even commodity price; the Company’s ability to obtain qualified staff and equipment in a timely and cost-efficient manner; the applicability of technologies for the recovery and production of the Company’s reserves and resources; future capital expenditures to be made by the Company; future sources of funding for the Company’s capital programs; the Company’s future debt levels; future production levels; the Company’s ability to obtain financing and/or enter into joint venture arrangements, on acceptable terms; operating costs; compliance of counterparties with the terms of contractual arrangements; impact of increasing competition globally; collection risk of outstanding accounts receivable from third parties; geological and engineering estimates in respect of the Company’s reserves and resources; recoverability of reserves and resources; the geography of the areas in which the Company is conducting exploration and development activities and the quality of its assets. Certain other assumptions related to the Company’s Reserves and Resources are contained in the report of McDaniel & Associates Consultants Ltd. (“McDaniel”) evaluating Athabasca’s Proved Reserves, Probable Reserves and Contingent Resources as at December 31, 2023 (which is respectively referred to herein as the "McDaniel Report”). Actual results could differ materially from those anticipated in this forward-looking information as a result of the risk factors set forth in the Company’s Annual Information Form (“AIF”) dated February 29, 2024 available on SEDAR at www.sedarplus.ca, including, but not limited to: weakness in the oil and gas industry; exploration, development and production risks; prices, markets and marketing; market conditions; climate change and carbon pricing risk; statutes and regulations regarding the environment including deceptive marketing provisions; regulatory environment and changes in applicable law; gathering and processing facilities, pipeline systems and rail; reputation and public perception of the oil and gas sector; environment, social and governance goals; political uncertainty; state of capital markets; ability to finance capital requirements; access to capital and insurance; abandonment and reclamation costs; changing demand for oil and natural gas products; anticipated benefits of acquisitions and dispositions; royalty regimes; foreign exchange rates and interest rates; reserves; hedging; operational dependence; operating costs; project risks; supply chain disruption; financial assurances; diluent supply; third party credit risk; indigenous claims; reliance on key personnel and operators; income tax; cybersecurity; advanced technologies; hydraulic fracturing; liability management; seasonality and weather conditions; unexpected events; internal controls; limitations and insurance; litigation; natural gas overlying bitumen resources; competition; chain of title and expiration of licenses and leases; breaches of confidentiality; new industry related activities or new geographical areas; water use restrictions and/or limited access to water; relationship with Duvernay Energy Corporation; management estimates and assumptions; third-party claims; conflicts of interest; inflation and cost management; credit ratings; growth management; impact of pandemics; ability of investors resident in the United States to enforce civil remedies in Canada; and risks related to our debt and securities. All subsequent forward-looking information, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Also included in this News Release are estimates of Athabasca's 2024 outlook which are based on the various assumptions as to production levels, commodity prices, currency exchange rates and other assumptions disclosed in this News Release. To the extent any such estimate constitutes a financial outlook, it was approved by management and the Board of Directors of Athabasca and is included to provide readers with an understanding of the Company’s outlook. Management does not have firm commitments for all of the costs, expenditures, prices or other financial assumptions used to prepare the financial outlook or assurance that such operating results will be achieved and, accordingly, the complete financial effects of all of those costs, expenditures, prices and operating results are not objectively determinable. The actual results of operations of the Company and the resulting financial results may vary from the amounts set forth herein, and such variations may be material. The outlook and forward-looking information contained in this New Release was made as of the date of this News release and the Company disclaims any intention or obligations to update or revise such outlook and/or forward-looking information, whether as a result of new information, future events or otherwise, unless required pursuant to applicable law. Oil and Gas Information “BOEs" may be misleading, particularly if used in isolation. A BOE conversion ratio of six thousand cubic feet of natural gas to one barrel of oil equivalent (6 Mcf: 1 bbl) is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. As the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value. Initial Production Rates Test Results and Initial Production Rates: The well test results and initial production rates provided herein should be considered to be preliminary, except as otherwise indicated. Test results and initial production rates disclosed herein may not necessarily be indicative of long-term performance or of ultimate recovery. Reserves Information The McDaniel Report was prepared using the assumptions and methodology guidelines outlined in the COGE Handbook and in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities, effective December 31, 2023. There are numerous uncertainties inherent in estimating quantities of bitumen, light crude oil and medium crude oil, tight oil, conventional natural gas, shale gas and natural gas liquids reserves and the future cash flows attributed to such reserves. The reserve and associated cash flow information set forth above are estimates only. In general, estimates of economically recoverable reserves and the future net cash flows therefrom are based upon a number of variable factors and assumptions, such as historical production from the properties, production rates, ultimate reserve recovery, timing and amount of capital expenditures, marketability of oil and natural gas, royalty rates, the assumed effects of regulation by governmental agencies and future operating costs, all of which may vary materially. For those reasons, estimates of the economically recoverable reserves attributable to any particular group of properties, classification of such reserves based on risk of recovery and estimates of future net revenues associated with reserves prepared by different engineers, or by the same engineers at different times, may vary. The Company's actual production, revenues, taxes and development and operating expenditures with respect to its reserves will vary from estimates thereof and such variations could be material. Reserves figures described herein have been rounded to the nearest MMbbl or MMboe. For additional information regarding the consolidated reserves and information concerning the resources of the Company as evaluated by McDaniel in the McDaniel Report, please refer to the Company’s AIF. Reserve Values (i.e. Net Asset Value) is calculated using the estimated net present value of all future net revenue from our reserves, before income taxes discounted at 10%, as estimated by McDaniel effective December 31, 2023 and based on average pricing of McDaniel, Sproule and GLJ as of January 1, 2024. The 500 gross Duvernay drilling locations referenced include: 37 proved undeveloped locations and 76 probable undeveloped locations for a total of 113 booked locations with the balance being unbooked locations. Proved undeveloped locations and probable undeveloped locations are booked and derived from the Company's most recent independent reserves evaluation as prepared by McDaniel as of December 31, 2023 and account for drilling locations that have associated proved and/or probable reserves, as applicable. Unbooked locations are internal management estimates. Unbooked locations do not have attributed reserves or resources (including contingent or prospective). Unbooked locations have been identified by management as an estimation of Athabasca’s multi-year drilling activities expected to occur over the next two decades based on evaluation of applicable geologic, seismic, engineering, production and reserves information. There is no certainty that the Company will drill all unbooked drilling locations and if drilled there is no certainty that such locations will result in additional oil and gas reserves, resources or production. The drilling locations on which the Company will actually drill wells, including the number and timing thereof is ultimately dependent upon the availability of funding, commodity prices, provincial fiscal and royalty policies, costs, actual drilling results, additional reservoir information that is obtained and other factors. Non-GAAP and Other Financial Measures, and Production Disclosure The "Corporate Consolidated Adjusted Funds Flow", "Athabasca (Thermal Oil) Adjusted Funds Flow", "Duvernay Energy Adjusted Funds Flow", “Corporate Consolidated Free Cash Flow”, "Athabasca (Thermal Oil) Free Cash Flow" and "Duvernay Energy Free Cash Flow" financial measures contained in this News Release do not have standardized meanings which are prescribed by IFRS and they are considered to be non-GAAP financial measures or ratios. These measures may not be comparable to similar measures presented by other issuers and should not be considered in isolation with measures that are prepared in accordance with IFRS. Sustaining Capital and Net Cash are supplementary financial measures. The Leismer and Hangingstone operating results are supplementary financial measures that when aggregated, combine to the Athabasca (Thermal Oil) segment results. Adjusted Funds Flow and Free Cash Flow Adjusted Funds Flow and Free Cash Flow are non-GAAP financial measures and are not intended to represent cash flow from operating activities, net earnings or other measures of financial performance calculated in accordance with IFRS. The Adjusted Funds Flow and Free Cash Flow measures allow management and others to evaluate the Company’s ability to fund its capital programs and meet its ongoing financial obligations using cash flow internally generated from ongoing operating related activities. Sustaining Capital Sustaining Capital is managements' assumption of the required capital to maintain the Company’s production base. Net Cash Net Cash is defined as the face value of term debt, plus accounts payable and accrued liabilities, plus current portion of provisions and other liabilities plus income tax payable less current assets, excluding risk management contracts. Production volumes details This News Release also makes reference to Athabasca's forecasted average daily Thermal Oil production of 33,500 ‐ 35,500 bbl/d for 2025. Athabasca expects that 100% of that production will be comprised of bitumen. Duvernay Energy’s forecasted total average daily production of ~4,000 boe/d for 2025 is expected to be comprised of approximately 68% tight oil, 23% shale gas and 9% NGLs. Liquids is defined as bitumen, tight oil, light crude oil, medium crude oil and natural gas liquids. Break Even is an operating metric that calculates the US$WTI oil price required to fund operating costs (Operating Break-even), sustaining capital (Sustaining Break-even), or growth capital (Total Capital) within Adjusted Funds Flow. Enterprise Value to Debt Adjusted Cash Flow is a valuation metric calculated by dividing Enterprise Value (Market Capitalization plus Net Debt) divided by Cash Flow before interest costs.NASHVILLE, Tenn. (AP) — The Tennessee Titans have the slimmest of playoff hopes and must win out to have any chance of keeping them alive. Figuring out who they are would be a first step in the right direction. The Titans (3-9) also must bounce back from last week's ugly loss at Washington that cost this franchise yet another chance to string together consecutive wins for the first time in more than two years. “We know that this is a big opportunity for us to develop as a team and to create and to continue developing our identity,” quarterback Will Levis said. “And so we’re going to make sure that we do our best throughout these next few weeks to do that.” The Jacksonville Jaguars (2-10) lost Trevor Lawrence for the rest of the season after the hit he took from Texans linebacker Azeez Al-Shaair in last week's 23-20 loss to Houston. Their already dim playoff hopes were extinguished Monday night when Denver won. That leaves the Jaguars playing for pride and potentially drafting No. 1 overall for the third time in five years. “It’s all about how you finish,” tight end Evan Engram said. “How we finish probably won’t erase the feeling we have of the season. But as the pride of this franchise, the pride of the team, it’s definitely worth going to finish strong and going to get some wins and fighting for that.” The Titans went into Washington with one of the NFL's stingiest defenses and wound up shredded, giving up a season-worst 267 yards rushing. Defensive coordinator Dennard Wilson said, “We can’t allow what happened last week to happen again.” Wide receiver Calvin Ridley says he's excited to see some old teammates Sunday and downplayed a question about how close Jacksonville's offer to keep him last March might've been when he chose to sign with division rival Tennessee instead. “Doesn't matter right now,” Ridley said. “I'm excited for this week. Jags come in here, play with my boys. I'm excited.” Ridley played one season with Jacksonville after the Jaguars traded for him . He had 76 catches for 1,016 yards and eight TDs last season with the Jaguars. So far this season, Ridley has 43 receptions for 679 yards and three TDs. “I just know I'm going to be ready,” Ridley said. Jacksonville has lost 16 consecutive games when tied or trailing at halftime. It’s a complete flip from the 2022 season, in which the Jaguars rallied to beat Dallas, the Las Vegas Raiders and Tennessee down the stretch to make the playoffs. The 20-16 victory against the Titans in the regular-season finale that year is the last time coach Doug Pederson’s team has come from behind to win after trailing or being tied at the break. Tennessee led 13-7 at the half in that one and was minutes from winning a third straight AFC South title . Jaguars defensive end Josh Hines-Allen needs 4 1/2 sacks to break the franchise record of 55 held by Tony Brackens. Hines-Allen has at least half a sack in four consecutive games against Tennessee, which has given up 43 sacks in 2024. “My family knows about it probably more than me,” Hines-Allen said. “My wife tells me all the time, ‘Hey, get that record. All you just need is four sacks.’ Like, you can just (get) four sacks. “I had a couple games last year where I had three, so I can’t say it’s out of the realm. But I never had four sacks; don’t know what it feels like to do that in one game. But hopefully speak it into existence.” Mac Jones will be starting at quarterback and is 0-2 with the Jaguars this season. He has one more interception (three) than touchdown passes (two) in five appearances. The Titans are looking to see if Levis can keep building on his strong play of the past month and start turning those into wins. Levis is 1-3 since returning from a strained throwing shoulder. He has seven TD passes with two interceptions for a 101.3 passer rating in his past four games. He also is completing 61.7% of his passes for 960 yards. “The cool thing right now for Will is that as we’ve corrected things, he’s corrected them,” Titans coach Brian Callahan said . “And that’s been really fun to watch as he’s made adjustments from game to game, sometimes even from in the game made an adjustment to a coverage or a read, and that part’s been good to see.” AP Pro Football Writer Mark Long in Jacksonville, Florida, contributed to this report. AP NFL: https://apnews.com/hub/nfl



Gombe State Governor, Muhammadu Inuwa Yahaya, has signed the 2025 Appropriation Bill of N369. 9 into law following its successful passage by the State House of Assembly. During a brief signing ceremony held at the Government House, Governor Inuwa described the 2025 budget as a blueprint for economic growth and social development. According to him, the appropriation law reflects his administration’s resolve to deepen its development agenda which focuses on sectors that directly impact the lives of the citizens. He commended the State House of Assembly for the swift passage of the appropriation bill, emphasizing that since 2019, the harmonious relationship between the legislature and the executive has been instrumental in achieving the remarkable milestones recorded by his administration. He said, “I want to sincerely thank the honorable members of the House of Assembly for the speedy passage of the bill. Your cooperation and support since we came on board has been truly commendable. “The increase in sectoral allocation by the House of Assembly is to further improve healthcare delivery and enhance social services for our people. We are committed to ensuring that these resources are effectively utilized for the greater good of our people”, the Governor added. He informed the lawmakers that by January, the Government will release the performance report for the 2024 budget with the optimism that the performance will be incredible while being confident of achieving an ‘A’ rating. Earlier, Speaker of the Gombe State House of Assembly, Rt.Hon. Abubakar Mohammed Luggerewo, said the legislature had increased the budget from the earlier 320.1 Billion Naira submitted by the Governor to 369.9 Billion Naira to meet the aspirations of the people of Gombe State. “We made these adjustments because we strongly believe that the areas we have prioritized will significantly enhance the quality of life for our citizens. “We commend the Governor, for placing a strong emphasis on capital expenditure, which accounts for 69% of the total budget. This focus is a deliberate effort to drive infrastructure development and long-term growth. “Initially proposed at N320.1 billion, we increased it to N369.9 billion in the best interest of the masses to address critical needs and improve the standard of living of our people”, the Speaker added. End.

Teenager Sam Konstas will make his Test debut in the cauldron of the Boxing Day Test at Melbourne Cricket Ground tomorrow as Australia look to take the game to India’s bowlers, coach Andrew McDonald said on Tuesday. Konstas, 19, was brought into the squad at the expense of Nathan McSweeney after Australia’s top order struggled for runs in the first three tests of the series, which is tied 1-1 with two games to play. “He’s composed, relaxed, knows his game is in a good place at the moment, he’ll play Boxing Day,” McDonald told reporters at the MCG. “We said from the get-go that age was no barrier. And what he’s shown is an array of shots, the ability to put pressure back onto opponents and he gets his opportunity. “We’re really excited for him, Boxing Day, the biggest stage. He might as well get that one out of the way early.” With bowlers, particularly Indian pace spearhead Jasprit Bumrah, having had the upper hand in the series so far, McDonald said switching McSweeney for Konstas was a tactical move. “We want to throw a different challenge at India at this point in time,” he said. “We believe Nathan is good enough for Test level. We weren’t sure about how the top order was functioning. We challenged ourselves for that decision. Whether it works or not, time will tell (but) we’re really confident that Sam can do the job.” McDonald was also confident Travis Head, who has scored 409 runs with two centuries in the first three Tests, would be fit to play despite a quad strain preventing him from training on Monday. “Has he got some things to work through? Yeah, he has,” McDonald said. “There’s no concern at the moment. Has he been officially ticked off? I’m not sure. I didn’t see the back end of his training session there, but I’m pretty confident he’ll play. I think he’ll be fully functional come the game time.” While McDonald said captain Pat Cummins would reveal the rest of the Australia line-up for the match today, he all but confirmed that Scott Boland would come in for the injured Josh Hazlewood in the pace attack. “I don’t think I’m coming to the ground on Boxing Day if Scotty’s not in the 11,” he joked. McDonald also moved to quash rumours about the health of Mitchell Marsh and suggested the all-rounder would play a bigger role with ball in hand than he did in the drawn third test in Brisbane. “Mitch Marsh is fully fit and available to bowl,” he said. “I know that he only bowled two overs last game, and people were speculating around that, but that was more because of the weather interventions so we were able to keep our fast bowlers fresh.” Related Story PM meets India's external affairs minister Qatar imposes anti-dumping duties on imports of automotive batteries from Korea, India

NEW YORK (AP) — Bitcoin topped $100,000 for the first time this week as a massive rally in the world's most popular cryptocurrency, largely accelerated by the election of Donald Trump, rolls on. The cryptocurrency officially to rose six figures Wednesday night, just hours after the president-elect said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair of the Securities and Exchange Commission. Bitcoin has soared since Trump won the U.S. presidential election on Nov. 5. The asset climbed from $69,374 on Election Day, hitting as high as $103,713 Wednesday, according to CoinDesk. And the latest all-time high arrives just two years after bitcoin dropped below $17,000 following the collapse of crypto exchange FTX . Bitcoin fell back below the $100,000 by Thursday afternoon, sitting above $99,000 by 4 p.m. ET. Even amid a massive rally that has more than doubled the value of bitcoin this year, some experts continue to warn of investment risks around the asset, which has quite a volatile history. Here’s what you need to know. Cryptocurrency has been around for a while now. But chances are you’ve heard about it more and more over the last few years. In basic terms, cryptocurrency is digital money. This kind of currency is designed to work through an online network without a central authority — meaning it’s typically not backed by any government or banking institution — and transactions get recorded with technology called a blockchain. Bitcoin is the largest and oldest cryptocurrency, although other assets like ethereum, XRP, tether and dogecoin have also gained popularity over the years. Some investors see cryptocurrency as a “digital alternative” to traditional money, but most daily financial transactions are still conducted using fiat currencies such as the dollar. Also, bitcoin can be very volatile, with its price reliant on larger market conditions. A lot of the recent action has to do with the outcome of the U.S. presidential election. Trump, who was once a crypto skeptic, has pledged to make the U.S. “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. His campaign accepted donations in cryptocurrency and he courted fans at a bitcoin conference in July. He also launched World Liberty Financial, a new venture with family members to trade cryptocurrencies. On Thursday morning, hours after bitcoin surpassed the $100,000 mark, Trump congratulated “BITCOINERS” on his social media platform Truth Social. He also appeared to take credit for the recent rally, writing, “YOU’RE WELCOME!!!” Top crypto players welcomed Trump’s election victory last month, in hopes that he would be able to push through legislative and regulatory changes that they’ve long lobbied for — which, generally speaking, aim for an increased sense of legitimacy without too much red tape. And the industry has made sizeable investments along the way. Back in August, Public Citizen, a left-leaning consumer rights advocacy nonprofit, reported finding that crypto-sector corporations spent more than $119 million in 2024 to back pro-crypto candidates across federal elections. Trump made his latest pro-crypto move when he announced his plans Wednesday to nominate Atkins to chair the SEC. Atkins was an SEC commissioner during the presidency of George W. Bush. In the years since leaving the agency, Atkins has made the case against too much market regulation. He joined the Token Alliance, a cryptocurrency advocacy organization, in 2017. Under current chair Gary Gensler, who will step down when Trump takes office, the SEC has cracked down on the crypto industry — penalizing a number of companies for violating securities laws. Gensler has also faced ample criticism from industry players in the process. One crypto-friendly move the SEC did make under Gensler was the approval in January of spot bitcoin ETFs, or exchange trade funds, which allow investors to have a stake in bitcoin without directly buying it. The spot ETFs were the dominant driver of bitcoin's price before Trump's win — but, like much of the crypto’s recent momentum, saw record inflows postelection. Bitcoin surpassing the coveted $100,000 mark has left much of the crypto world buzzing. “What we’re seeing isn’t just a rally — it’s a fundamental transformation of bitcoin’s place in the financial system,” Nathan McCauley, CEO and co-founder of crypto custodian Anchorage Digital, said in a statement — while pointing to the growth of who's entering the market, particularly with rising institutional adoption. Still, others note that the new heights of bitcoin's price don't necessarily mean the asset is going mainstream. The $100,000 level is “merely a psychological factor and ultimately just a number,” Dan Coatsworth, investment analyst at British investment company AJ Bell, wrote in a Thursday commentary . That being said, bitcoin could keep climbing to more and more all-time highs, particularly if Trump makes good on his promises for more crypto-friendly regulation once in office. If Trump actually makes a bitcoin reserve, for example, supply changes could also propel the price forward. “It is hard to overstate the magnitude of the change in Washington’s attitude towards crypto post-election,” Matt Hougan, chief investment officer at Bitwise Asset Management, said via email Thursday, reiterating that prices could keep rising if trends persist. “There is a lot more demand than there is supply, and that’s usually a pretty good recipe for success.” Still, as with everything in the volatile cryptoverse, the future is never promised. Worldwide regulatory uncertainties and environmental concerns around bitcoin “mining" — the creation of new bitcoin, which consumes a lot of energy — are among factors that analysts like Coatsworth note could hamper future growth. And, as still a relatively young asset with a history of volatility, longer-term adoption has yet to be seen through. Today’s excitement around bitcoin may make many who aren’t already in the space want to get in on the action. For those in a position to invest, Hougan says it's not too late — noting that bitcoin is still early in its development and most institutional investors “still have zero exposure.” At the same time, Hougan and others maintain that it's important to tread cautiously and not bite off more than you can chew. Experts continue to stress caution around getting carried away with crypto “FOMO,” or the fear of missing out, especially for small-pocketed investors. “A lot of people have got rich from the cryptocurrency soaring in value this year, but this high-risk asset isn’t suitable for everyone,” Coatsworth noted Thursday. “It’s volatile, unpredictable and is driven by speculation, none of which makes for a sleep-at-night investment.” In short, history shows you can lose money in crypto as quickly as you’ve made it. Long-term price behavior relies on larger market conditions. Trading continues at all hours, every day. Coatsworth points to recent research from the Bank for International Settlements, a Switzerland-based global organization of central banks, which found that about three-quarters of retail buyers on crypto exchange apps likely lost money on their bitcoin investments between 2015 and 2022. At the start of the COVID-19 pandemic, bitcoin stood at just over $5,000. Its price climbed to nearly $69,000 by November 2021, during high demand for technology assets, but later crashed during an aggressive series of rate hikes by the Federal Reserve. And the late-2022 collapse of FTX significantly undermined confidence in crypto overall, with bitcoin falling below $17,000. Investors began returning in large numbers as inflation started to cool — and gains skyrocketed on the anticipation and then early success of spot ETFs, and again, now the post-election frenzy. But lighter regulation from the coming Trump administration could also mean less guardrails. This story has been corrected to refer to Anchorage Digital as a crypto custodian, not a crypto asset manager.Bitcoin has surpassed the $100,000 mark as the post-election rally continues. What's next?

GE Aerospace ( NYSE: GE ) had declared $0.28/share quarterly dividend , Payable Jan. 27; for shareholders of record Dec. 27; ex-div Dec. 27. See GE Dividend Scorecard, Yield Chart, & Dividend Growth. More on GE Aerospace General Electric, Spin-Offs, And Dividends GE Aerospace: The Top Aerospace Engine Stock To Buy GE Aerospace: Firing On Most Cylinders, Still Battling The October Earnings-Day Dip Defense stocks face DOGE risks in 2025, J.P. Morgan says U.S. is said to ready $725M arms package for Ukraine

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NEW YORK — I’ll get you, my pretty! And your little pygmy hippo, too! Forgive us the shameless attempt to link the fantasy hit “Wicked” to the delightful Moo Deng . But, hear us out — there’s something the two have in common as the year draws to a close. Escapism. Whether we found it on the yellow brick road, or in videos from a Thailand zoo, or perhaps in unlikely Olympic heroes , we gravitated toward fantasy and feel-good pop culture moments this year. There were new trends, as always. “Brat summer” became a thing, as did “demure, mindful.” And for some inexplicable reason, we became obsessed with celebrity lookalike contests. There were breakups — Bennifer is, again, a thing of the past — and reunions: Oasis, please try to stay together for the tour. Yet some things stayed, remarkably, the same: Taylor Swift and Beyoncé kept on breaking records and making history. So, after a year where much changed but some things held steady, here’s our annual, very selective trip down pop culture memory lane: Lily Gladstone poses in the press room Jan. 7 with the award for best performance by an actress in a motion picture, drama for "Killers of the Flower Moon" at the 81st Golden Globe Awards at the Beverly Hilton in Beverly Hills, Calif. January It starts as a cheery tweet from a beloved “Sesame Street” figure: “ ELMO is just checking in! How is everybody doing?” The answers hint at something deeper and more worrisome. “Not great, Elmo. Not great,” says one milder reply. Doing much better is the viral phenomenon called “BARBENHEIMER,” which makes its awards season debut at the GOLDEN GLOBES . But perhaps the most poignant moment comes from neither film: LILY GLADSTONE , first Indigenous winner of best actress in a drama for “Killers of the Flower Moon,” begins her remarks in the language of her tribe, Blackfeet Nation. Kansas City Chiefs tight end Travis Kelce (87) kisses Taylor Swift on Feb. 11 after the Kansas City Chiefs defeated the San Francisco 49ers in overtime during the NFL Super Bowl 58 football game in Las Vegas. February Valentine’s Day — a perfect time to settle into a sweet love saga via TikTok. Only that’s not quite what we get with “Who TF Did I Marry?,” REESA TEESA ’s depressing, fascinating, 50-part account of her disastrous marriage with a man who lied about absolutely everything. Meanwhile, if you're looking for a single week that encapsulates peak SWIFT cultural dominance , try this: she begins with the Grammys in Los Angeles (becoming the first artist to win album of the year four times AND announcing a new album), then heads to Tokyo for four tour dates, then jets back just in time for the Super Bowl in Las Vegas — where she shares a passionate smooch with boyfriend TRAVIS KELCE on the field of victory. Ryan Gosling performs the song "I'm Just Ken" from the movie "Barbie" on March 10 during the Oscars at the Dolby Theatre in Los Angeles. March “What was I made for?” BILLIE EILISH sings at the OSCARS, channeling BARBIE . And what was KEN made for? Not entirely clear — but it's clear RYAN GOSLING was made to play him. His singalong version of “I’m Just Ken” is one of the most entertaining Oscar musical moments in years. Still, Christopher Nolan's “OPPENHEIMER” prevails, a rare case of the top prize going to a blockbuster studio film. Will it happen again in 2025? CYNTHIA ERIVO and ARIANA GRANDE sure hope so; as presenters, they make a sly reference to their upcoming juggernaut, “WICKED.” Speaking of marketing, people are obsessed with that bizarre “DUNE” popcorn bucket. Beyonce And BEYONCÉ carves her space in country music with “Act II: Cowboy Carter,” which will make her the first Black woman to top the Billboard country chart. Taylor Swift performs June 21 at Wembley Stadium in London as part of her Eras Tour. April Tennis, anyone? The game’s been around for centuries, but it’s having a cultural moment right now, helped mightily by “CHALLENGERS,” the sweaty romance triangle starring ZENDAYA, MIKE FAIST and JOSH O'CONNOR (40-love? More like 40-sex.) Elsewhere, a new era dawns: At midnight, SWIFT drops “THE TORTURED POETS DEPARTMENT," then drops another 15 songs two hours later. The fascinating and disturbing “BABY REINDEER,” the story of a struggling comedian’s extended encounter with a stalker, debuts on Netflix. Ben Affleck, left, and Jennifer Lopez arrive Feb. 13 at the premiere of "This Is Me ... Now: A Love Story" at the Dolby Theatre in Los Angeles. May It’s MET GALA time — or as it's known in 2024, another early marketing moment for “WICKED.” ERIVO and GRANDE make fashion waves on the carpet and then musical ones at dinner, with a soulful performance of “When You Believe.” If the “Wicked” tour is in full force, another one stops in its tracks: JENNIFER LOPEZ cancels her summer tour amid reports of both poor ticket sales and trouble in her marriage to BEN AFFLECK . It’s been an eventful year for J.Lo, who's released an album and movie called “THIS IS ME ... NOW" — both reflections on her renewed love with Affleck. June Welcome to BRAT SUMMER ! CHARLI XCX releases her hit “Brat” album , with its lime green cover, and launches a thousand memes. Collins Dictionary defines “brat,” its word of the year, as “characterized by a confident, independent, and hedonistic attitude.” At the celeb-heavy SWIFT shows in London, we see PRINCE WILLIAM shaking it off, which is either charming or cringe, you decide. Even better: KELCE dons a top hat and tux and performs for one night. At another stadium across the pond, METS infielder JOSE IGLESIAS delights the crowd with his cheery number “OMG.” Stephen Nedoroscik is introduced June 29 at the United States Gymnastics Olympic Trials in Minneapolis. July Bonjour, it’s OLYMPICS time! In Paris! An audacious opening ceremony along the Seine is punctuated by a fabulous CELINE DION , perched on the EIFFEL TOWER , singing her heart out — in the rain, too. Controversy swirls over a scene critics feel mocks Leonardo da Vinci’s “The Last Supper” (organizers say it does not). Olympic stars are born — including French swimming superstar LEON MARCHAND , rugby player ILONA MAHER , and bespectacled “Pommel Horse Guy” gymnast STEPHEN NEDOROSCIK , who nets two bronze medals and comparisons to Clark Kent. Baby pigmy hippo Moo Deng plays with a zookeeper Sept. 19 in the Khao Kheow Open Zoo in Chonburi province, Thailand. Also capturing hearts: yep, MOO DENG , born this month. Her name means “bouncy pork.” Australia's Rachael Gunn, known as B-Girl Raygun, competes Aug. 9 during the Round Robin Battle at the breaking competition at La Concorde Urban Park at the 2024 Summer Olympics in Paris, France. August This is them ... now: BENNIFER is no more. After two decades, two engagements and two weddings, J.Lo files for divorce. One union dissolves, another returns: OASIS announces a reunion tour. Everyone seems to want to get in on TikToker JOOLS LEBRON 's “ DEMURE, MINDFUL ” act — even the WHITE HOUSE press team. Back at the Olympics, in the new sport of breaking, we meet Australia’s RAYGUN , arguably neither demure nor mindful with her “kangaroo” move. Los Angeles Dodgers' Shohei Ohtani brings his dog Decoy to the mound Aug. 28 before Decoy delivered the ceremonial first pitch prior to a baseball game between the Dodgers and the Baltimore Orioles in Los Angeles. Cute animal alert: SHOHEI OHTANI ’s perky pooch DECOY does a great “first pitch” in his Major League Baseball debut. Chappell Roan performs "Good Luck, Babe" on Sept. 11 during the MTV Video Music Awards at UBS Arena in Elmont, N.Y. September One of the year’s biggest breakout artists, CHAPPELL ROAN , withdraws from a music festival after speaking out about frightening fan interactions. And more on the price of fame: In an excruciating moment, “Bachelorette” JENN TRAN , the franchise’s first Asian American lead, is forced to sit through a painful viewing of her proposal to her chosen suitor, after tearfully explaining how he’d later dumped her over the phone. Tran is keeping busy though — she’s announced as part of the new “Dancing with the Stars” lineup. Also on the list: rugby player Maher, and Pommel Horse Guy! Also, ANNA SOROKIN , dancing with an ankle monitor. Online fandom, meanwhile, is shaken when X is temporarily suspended in Brazil and celebrity stan accounts post tearful farewells, revealing to many across the globe that their favorite accounts are run by Brazilians. Miles Mitchell, 21, wins of the Timothee Chalamet lookalike contest Oct. 27 near Washington Square Park in New York. October “Dune” Chalamets! “Wonka” Chalamets! Thousands gather in Manhattan for a TIMOTHÉE CHALAMET lookalike contest, and things really get interesting when Chalamet himself shows up. He doesn’t enter the contest, though, and with his mustache, he may not even have won. The trend continues with contests for JEREMY ALLEN WHITE, ZAYN MALIK and — in a very Washington version — Kennedy scion JACK SCHLOSSBERG , who's been gathering a following with some interesting social media posts. New York Liberty Kennedy Burke dances with the mascot, Ellie the Elephant, during an Oct. 24 ceremony after a parade in honor of the Liberty's WNBA basketball championship at City Hall in New York. Turning to basketball, who’s that dancing with USHER ? Why it’s ELLIE THE ELEPHANT , the now-viral NEW YORK LIBERTY mascot. Democratic presidential nominee Vice President Kamala Harris, right, appears Nov. 2 with Maya Rudolph on NBC's "Saturday Night Live" in New York. November MAYA RUDOLPH does a pretty good KAMALA HARRIS laugh on “Saturday Night Live,” but you know who does it better? HARRIS herself. The Democratic candidate makes a surprise cameo three days before the U.S. presidential election, following in the footsteps of HILLARY CLINTON , SARAH PALIN and others. Elsewhere in television, Bravo announces that “VANDERPUMP RULES,” the Emmy-nominated reality show that has lived through countless scandals, is entirely recasting its 12th season — apart from namesake LISA VANDERPUMP . As for MOO DENG , she doesn't have her own TV series yet, but our favorite pygmy hippo is generating plenty of merch . And THAT brings us back to ... Ariana Grande, left, and Cynthia Erivo pose for photographers Nov. 11 prior to the premiere of "Wicked" at Auditorio Nacional in Mexico City. December “WICKED” ! Director JON M. CHU ’s emerald-hued fantasy remains very very popular, to quote one of its buzzy show tunes, dancing through life and defying gravity at the multiplex. Moviegoers also come for “GLADIATOR II” and, in a veritable tidal wave, Disney's “MOANA 2,” which beckons us back to the seas of Oceania. Once again, 2024 seems to be telling us: Give people some whimsy, a place to escape, maybe some catchy tunes — and no one knows how far they’ll go. The stories and images that defined 2024. Searching for something? From queries about U.S. politics to cricket in India, Wikipedia has become a source of information for millions of people across the globe. From the Paris Olympics to the Super Bowl. From Simone Biles to Shohei Ohtani. And, of course, Travis Kelce and Taylor Swift. These are the sp... AP photographers assembled a visual catalog of our civilization as life in 2024 hurtled directly at us at every speed and in every imaginable ... In 2024, photographers captured glimpses of humanity, ranging from a deeply divisive presidential election, to hurricanes and fires that ravag... Associated Press photographers captured voters with raw emotions of joy, excitement, contemplation or sorrow. See entertainment's biggest moments in 2024, through the lens of Associated Press photographers. It beat five other finalists: demure, slop, dynamic pricing, romantasy and lore. News anchors, politicians and other public figures in the U.S. struggled with these words the most this year. Is it any surprise Merriam-Webster's word of the year is "polarization"? Here are the other words that rounded out the top 10 for 2024. Stay up-to-date on what's happening Receive the latest in local entertainment news in your inbox weekly!AP News Summary at 6:01 p.m. ESTCorteva Inc. stock falls Thursday, underperforms market

VANCOUVER - A confidence agreement between British Columbia’s New Democrats and the provincial Green Party stabilizes David Eby’s bare-majority government, while putting Green election promises on the legislative agenda. The agreement announced Friday outlines the basis on which the Greens’ two-member caucus will provide confidence to Eby’s party, which won election with 47 seats in B.C.‘s 93-seat legislature in October’s provincial election. The deal features key elements of the Greens’ election platform, including a commitment to growing a community health centre model for primary care and expanding public coverage of psychology services at a cost of $50 million. Deputy premier Niki Sharma said the framework focuses on areas of agreement between the two parties, while recognizing their positions won’t always align. The balance struck is “a way to keep government stable for four years ... without erasing the distinct identity that we both have as political parties,” she said Friday. The seven-page agreement says the house leaders of the NDP and the Greens “agree to establish a relationship of trust based on good faith and no surprises.” While set to last four years, it is subject to annual agreement at each parties discretion. It was important to the Greens throughout the negotiations to be able to disagree with government positions, Sharma told a news conference. “I know that we’ll have differences of opinions moving forward, but the fact that we can show a pathway where two political parties in a time of great polarization can come together for British Columbians, I think is a profound thing.” The October election saw two new Green members win seats, lawyer Rob Botterell, representing Saanich North and the Islands, and geological engineer Jeremy Valeriote in West Vancouver-Sea to Sky, while the B.C. Conservatives won 44 seats. B.C. Conservative Leader John Rustad said after the election that he would work to bring the NDP government down if it continues with its “destructive policies.” When he was asked about the agreement on Friday, Rustad said he has always assumed the Greens would back the NDP. Eby is “fooling himself” if he thinks having the support of the Green Party is going to make it easier to pass legislation, Rustad said in an interview. “We are going to make it very difficult for him to move anything through the legislature that is continuing the destruction of British Columbia,” he said. “A week can be a long time in politics, so we’ll see what January brings. I don’t want to say anything further at this point.” The stability of Eby’s government had appeared shakier earlier this month when New Democrat Grace Lore announced she was temporarily stepping away due to a cancer diagnosis, though she said she intended to participate in important votes. Eby said in a statement Friday that the agreement with the Greens will “strengthen the stability of government and help deliver on the priorities of British Columbians.” While his party and the Greens are distinct and won’t always agree, the premier said they have “many shared values.” He said the deal sets out specific areas of action they will work together on, including health care, affordable housing, creating livable communities and growing a strong, sustainable economy. “We will continue to work with all MLAs who want to make the legislature work for people,” Eby said. Additional policy commitments outlined in the deal that reflect the Green platform include expanding access to housing aid for elderly renters and building 30,000 more units of non-market housing than the government had pledged. The agreement also commits to a review of B.C.‘s forests to “address concerns around sustainability, jobs, environmental protection an the future of the industry.” This report by The Canadian Press was first published Dec. 13, 2024.The NBA menu today, including the Memphis Grizzlies versus the Oklahoma City Thunder, is sure to please. Here you can find information on how to watch all of today’s NBA action. Sign up for NBA League Pass to get access to games, live and on-demand, and more for the entire season and offseason. Orlando Magic vs. Brooklyn Nets Toronto Raptors vs. Atlanta Hawks Boston Celtics vs. Indiana Pacers Oklahoma City Thunder vs. Memphis Grizzlies Houston Rockets vs. Miami Heat Minnesota Timberwolves vs. San Antonio Spurs Watch ESPN originals, The Last Dance and more NBA content on ESPN+. Use our link to sign up for ESPN+ or the Disney bundle. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .

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Travere Therapeutics, Inc. ( NASDAQ:TVTX – Get Free Report ) CAO Sandra Calvin sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $17.22, for a total value of $258,300.00. Following the completion of the transaction, the chief accounting officer now owns 54,927 shares of the company’s stock, valued at approximately $945,842.94. This represents a 21.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . Sandra Calvin also recently made the following trade(s): Travere Therapeutics Stock Performance TVTX stock opened at $17.28 on Friday. The stock’s 50 day simple moving average is $18.11 and its 200 day simple moving average is $13.35. Travere Therapeutics, Inc. has a 12-month low of $5.12 and a 12-month high of $20.33. The firm has a market cap of $1.35 billion, a P/E ratio of -3.80 and a beta of 0.69. The company has a current ratio of 1.71, a quick ratio of 1.68 and a debt-to-equity ratio of 24.96. Analyst Upgrades and Downgrades Several research firms recently issued reports on TVTX. Citigroup dropped their price target on shares of Travere Therapeutics from $23.00 to $19.00 and set a “buy” rating on the stock in a research note on Friday, September 27th. Canaccord Genuity Group dropped their target price on Travere Therapeutics from $23.00 to $22.00 and set a “buy” rating on the stock in a research report on Monday, September 30th. Barclays increased their price target on Travere Therapeutics from $18.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, November 1st. Scotiabank lifted their price objective on Travere Therapeutics from $23.00 to $27.00 and gave the stock a “sector outperform” rating in a report on Friday, November 1st. Finally, Guggenheim upped their target price on Travere Therapeutics from $23.00 to $41.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $23.67. View Our Latest Report on TVTX Hedge Funds Weigh In On Travere Therapeutics Hedge funds and other institutional investors have recently bought and sold shares of the stock. CWM LLC raised its position in shares of Travere Therapeutics by 158.5% during the 3rd quarter. CWM LLC now owns 4,999 shares of the company’s stock worth $70,000 after purchasing an additional 3,065 shares during the period. DRW Securities LLC bought a new stake in Travere Therapeutics in the second quarter valued at $95,000. Quarry LP acquired a new position in shares of Travere Therapeutics during the third quarter valued at $105,000. Forefront Analytics LLC grew its position in shares of Travere Therapeutics by 10.2% during the second quarter. Forefront Analytics LLC now owns 13,317 shares of the company’s stock worth $109,000 after acquiring an additional 1,237 shares during the last quarter. Finally, Sei Investments Co. acquired a new stake in shares of Travere Therapeutics in the 2nd quarter worth about $117,000. About Travere Therapeutics ( Get Free Report ) Travere Therapeutics, Inc, a biopharmaceutical company, identifies, develops, and delivers therapies to people living with rare kidney and metabolic diseases. Its products include FILSPARI (sparsentan), a once-daily, oral medication designed to target two critical pathways in the disease progression of IgA Nephropathy (endothelin 1 and angiotensin-II); and Thiola and Thiola EC (tiopronin tablets) for the treatment of cystinuria, a rare genetic cystine transport disorder that causes high cystine levels in the urine and the formation of recurring kidney stones. Further Reading Receive News & Ratings for Travere Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travere Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter .

Center for Vein Restoration Data Breach Exposes Personal Information: Murphy Law Firm Investigates Legal Claims

Chief 'disappointed' to see clean water used as a political 'tactic' by Conservatives'Malcolm in the Middle' to offer new episodes with Frankie Muniz, Bryan Cranston and Jane Kaczmarek Frankie Muniz, Bryan Cranston and Jane Kaczmarek are reuniting for a new four-episode run of “Malcolm in the Middle” for Disney+ — 25 years after the beloved sitcom first launched. The show ran for seven seasons starting in 2000 and was hailed for looking at ordinary life through the eyes of an extraordinary youngster, now fully grown: Malcolm, played by Muniz, has a genius I.Q. The new four episodes will be crafted by original series creator Linwood Boomer. No air dates were announced. “Malcolm in the Middle” originally aired on Fox and ended its run in 2006. Woman who falsely accused Duke lacrosse players of rape in 2006 publicly admits she lied RALEIGH, N.C. (AP) — The woman who in 2006 falsely accused three Duke University lacrosse players of raping her has admitted publicly for the first time that she made up the story. The accusations made national headlines at the time, stirring tensions about race, class and the privilege of college athletes. Crystal Mangum, who is Black, said in an interview with the “Let’s Talk with Kat” podcast that she “made up a story that wasn’t true” about the white players who attended a party where she was hired to perform as a stripper “because I wanted validation from people and not from God.” The former Duke players were declared innocent in 2007 after Mangum’s story fell apart under legal scrutiny. Sophia, a famous robot and global icon of AI, wins hearts at Zimbabwe's innovation fair HARARE, Zimbabwe (AP) — Sophia, a world-renowned robot, has been the center of attention at an Artificial Intelligence and Innovation fair in Zimbabwe this week. Described as an AI global icon by the U.N., Sophia can hold human-like conversations with people and recognize their gestures. As a special guest at the week-long event at the University of Zimbabwe, she answered questions on academic topics from researchers. Children quizzed her about the bible, God and her birth. She also made clear her aversion to human food and romance. The United Nations Development Program said it brought Sophia to Zimbabwe as part of efforts to “inspire youth, policymakers, and innovators to embrace AI as a catalyst for development.” Stanley recalls millions of travel mugs over concerns the lids might fall off, causing burns Stanley is recalling approximately 2.6 million of its switchback and trigger action stainless steel travel mugs sold in the U.S. because of a potential burn hazard. The company said that the mug’s lid threads can shrink when exposed to heat and torque, causing the lid to detach during use, posing a burn hazard. Stanley has received 91 reports worldwide, including 16 in the U.S., of the recalled travel mugs’ lids detaching during use, resulting in 38 burn injuries worldwide, including two burn injuries in the U.S., with 11 consumers worldwide requiring medical attention. Miami Dolphins release veteran receiver Odell Beckham Jr. MIAMI GARDENS, Fla. (AP) — The Miami Dolphins released wide receiver Odell Beckham Jr. on Friday, ending the former Pro Bowler’s short tenure with the team. Beckham had missed the past two days of practice for what the team called personal reasons. Dolphins coach Mike McDaniel indicated that the decision to part ways was mutual. Beckham signed a one-year deal with the Dolphins in May, but started the season on the physically unable to perform list after offseason knee surgery. Since his Dolphins debut in Week 5 against New England, Beckham had just nine catches for 55 yards in nine games. Bird strike disables a jetliner engine and forces an emergency landing at JFK airport NEW YORK (AP) — Authorities say a bird strike involving an American Airlines jetliner disabled one of the plane’s two engines shortly after takeoff from New York’s LaGuardia Airport. The plane was forced to turn around and land at John F. Kennedy International Airport. Airline officials say no one was injured. Flight 1722 took off from LaGuardia at 7:43 p.m. Thursday with a destination of Charlotte, North Carolina. Airport officials say it safely made an emergency landing at Kennedy at 8:03 p.m. The Federal Aviation Administration is investigating. The agency received reports of 19,400 strikes at 713 airports across the U.S. last year alone. Rarely do they force jetliners to make emergency landings. 49ers LB De'Vondre Campbell refuses to enter game after losing his starting spot SANTA CLARA, Calif. (AP) — San Francisco linebacker De’Vondre Campbell refused to enter the game in the third quarter after losing his starting job when Dre Greenlaw returned from an injury. Campbell played 90% of defensive snaps for the 49ers but was benched after Greenlaw came back for his first game since tearing his left Achilles tendon in last season’s Super Bowl. When Greenlaw left with soreness in the third quarter Thursday night against the Rams, Campbell told the coaches he didn't want to play and left the field. Coach Kyle Shanahan says he has never seen that before and the team will “figure out something” on how to deal with it going forward. 'Crown of Thorns' returns to Notre Dame Cathedral for public veneration PARIS (AP) — An ancient relic that many Christians revere as Jesus Christ’s “Crown of Thorns” has returned to Notre Dame, five years after it was saved from the flames of the cathedral’s devastating 2019 fire. The crown — a circular band of branches encased in a gilded golden tube — was brought back to its historic home Friday in a ceremony. The event was presided over by the archbishop of Paris and attended by knights and dames of the Equestrian Order of the Holy Sepulcher, marking a key moment in the cathedral’s restoration journey. In 1239, it was acquired by King Louis IX of France, who brought it to Paris. 'Vanderpump Rules' star James Kennedy arrested on suspicion of misdemeanor domestic violence BURBANK, Calif. (AP) — Police say “Vanderpump Rules” star James Kennedy has been arrested on suspicion of misdemeanor domestic violence. Police in Burbank, California, say officers investigated reports of an argument between a man and a woman at a residence late Tuesday night and arrested the 32-year-old Kennedy. He was released from jail after posting bail. A representative of Kennedy did not immediately respond to a message seeking comment. The Burbank city attorney will decide whether to file charges. Kennedy is a DJ and reality TV star who has appeared for 10 seasons on “Vanderpump Rules” — the Bravo series about the lives of employees at a set of swank restaurants. Dick Vitale says he's cancer-free after 4th bout with the disease in just over 3 years Dick Vitale said he’s cancer-free after his fourth bout with the disease in just over three years. The 85-year-old ESPN college basketball analyst posted Thursday on X that he got the news after a morning scan, saying: “SANTA CLAUS came early as Dr Rick Brown called & said that my PET SCAN at 7 AM came back CLEAN OF CANCER !” Vitale posted on X. “OMG thanks so much to ALL of YOU for your (prayers). Yes I’m cutting the nets down baby it’s my National Championship!” Vitale had surgery in the summer to remove cancerous lymph nodes from his neck. The Basketball Hall of Famer was previously treated for melanoma and lymphoma, and had radiation treatments last year for vocal cord cancer.

(BPT) - Tech gifts are consistently some of the most popular presents to give and receive during the holidays. In fact, according to the annual Consumer Technology Holiday Purchase Patterns report , a record 233 million U.S. adults (89%) will buy tech products during the 2024 holiday season. But with so many devices out there, it can be hard to decide on the perfect option for the loved one on your list. A tablet like the new Fire HD 8 from Amazon offers the versatility of an all-in-one device, with access to streaming, gaming, video chatting, reading or writing all at your fingertips. Fire HD 8 also features a vibrant 8-inch HD display and lightweight, portable design, for high-quality entertainment on the go. Plus, Fire HD 8 comes with three new AI features that can help you get the most out of your tablet experience. Check them out below and learn how they can help you with daily tasks this holiday season and beyond. 1. Meet your personal writing assistant Do you struggle with writing a heartfelt message or finessing a tricky email? Fear not! Writing Assist is here to help. Writing Assist works as part of your Fire tablet's device keyboard and compatible apps, including email, Word documents and social media. In just a few taps, you can transform your writing from good to great. Try Writing Assist's pre-set styles to turn a simple email into a professionally written note. Or, you can ask Writing Assist for grammar suggestions to make your writing more concise, or elaborate on your ideas. You can even "emojify" your writing to add more fun and personality. 2. Learn more in less time Say goodbye to scrolling through pages of information. The new Webpage Summaries feature allows you to learn pertinent information as quickly as possible. Available on the Silk browser on Fire tablets, Webpage Summaries provides quick insights on web articles. In a matter of seconds, this feature will distill the key points in an article or on a webpage into a clear, concise summary of what you need to know. 3. Get creative with your device wallpaper With Wallpaper Creator, you can easily add a touch of creative flair and customization to your tablet's home screen. You can choose from one of the curated prompts to get started on creating a unique background. Or, if you're ready to let your imagination run wild, type a description of what you'd like to see. For example, you can ask for an image of a tiger swimming underwater or a watercolor-style image of a desert landscape in space. Wallpaper Creator will then turn your vision into a reality, delivering a high-resolution image that you can use as your tablet's wallpaper. Celebrate an AI-powered holiday season Writing Assist, Webpage Summaries, and Wallpaper Creator are now available on Amazon's new Fire HD 8 and other compatible Fire tablet devices, including the latest Fire HD 10 and Fire Max 11 tablets. To learn more, or to order a new Fire tablet this gift-giving season, visit Amazon.com .Day 2 of the India national cricket team vs Australia national cricket team Boxing Day Test 2024 be crucial as it will decide the fate of the Test, and possibly the BGT 2024-25 as well. The IND vs AUS 4th Test 2024 is being played at The Melbourne Cricket Ground and starts at 5:00 AM Indian Standard Time (IST). Star Sports Network has the broadcasting rights for the IND vs AUS Test 2024 and will provide live telecast viewing options on Star Sports TV channels. Fans can tune into the Disney+Hotstar for the live streaming viewing option of IND vs AUS 4th Test Day 2 of the BGT 2024 series on their app and website, which will require a subscription. 'Clown Kohli' Australian Newspaper Targets Virat Kohli With a Cheeky Back Page Image After His Shoulder Charge on 19-Year-Old Sam Konstas During Day 1 of IND vs AUS 4th Test 2024 . Day 1 of the #BoxingDayTest delivered a hard-fought contest, with both teams walking away with shared honours! 🤜🤛 #AUSvINDOnStar 👉 4th Test, Day 2 | FRI, 27th DEC, 5 AM | #ToughestRivalry #BorderGavaskarTrophy pic.twitter.com/UenNOhTuCP — Star Sports (@StarSportsIndia) December 26, 2024 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)

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