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NEW YORK (AP) — A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite dropped 0.6% from its own record. Nvidia was the market’s heaviest weight after China said it’s probing the chip giant for potential antitrust violations. Stocks in Hong Kong jumped after top Chinese leaders agreed on a “moderately loose” monetary policy. Prices for oil and gold rose following the ouster of Syrian leader Bashar Assad. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — A slide for market superstar Nvidia on Monday is helping to pull U.S. stock indexes down from their records. The S&P 500 fell by 0.3% in afternoon trading, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average was down 57 points, or 0.1%, as of 1:53 p.m. Eastern time, and the Nasdaq composite pulled back 0.3% from its own record. Nvidia's drop of 2.1% was by far the heaviest weight on the S&P 500 after China said it's investigating the company over suspected violations of Chinese anti-monopoly laws. Nvidia has skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of the world’s move into artificial-intelligence technology. That gives its stock’s movements more sway on the S&P 500 than nearly every other. Nvidia's fall overshadowed gains in Hong Kong and for Chinese stocks trading in the United States on hopes that China will deliver more stimulus for the world's second-largest economy. Roughly half the stocks in the S&P 500 also rose. The week’s highlight for Wall Street will arrive midweek when the latest updates on inflation arrive. Economists expect Wednesday’s report to show the inflation that U.S. consumers are feeling remained stuck at roughly the same level last month. A separate report on Thursday, meanwhile, could show an acceleration in inflation at the wholesale level. They’re the last big pieces of data the Federal Reserve will get before its meeting next week on interest rates. The widespread expectation is still that the central bank will cut its main interest rate for the third time this year. The Fed has been easing its main interest rate from a two-decade high since September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S&P 500 has set so many all-time highs this year. On Wall Street, Interpublic Group rose 5.8% after rival Omnicom said it would buy the marketing and communications firm in an all-stock deal. The pair had a combined revenue of $25.6 billion last year. Omnicom, meanwhile, sank 9.3%. Macy’s climbed 1.5% after an activist investor, Barington Capital Group, called on the retailer to buy back at least $2 billion of its own stock over the next three years and make other moves to help boost its stock price. Super Micro Computer rose 4.6% after saying it got an extension that will keep its stock listed on the Nasdaq through Feb. 25, as it works to file its delayed annual report and other required financial statements. Earlier this month, the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board following the resignation of its public auditor . In the oil market, a barrel of benchmark U.S. crude rallied 2% to $68.56 following the overthrow of Syrian leader Bashar Assad, who sought asylum in Moscow after rebels. Brent crude, the international standard, was mostly unchanged at $71.05. The price of gold also rose 1% amid the uncertainty created by the end of the Assad family’s 50 years of iron rule. In stock markets abroad, the Hang Seng jumped 2.8% in Hong Kong after top Chinese leaders agreed on a “moderately loose” monetary policy for the world’s second-largest economy. That’s a shift away from a more cautious, “prudent” stance for the first time in 10 years. A major planning meeting later this week could also bring more stimulus for the Chinese economy. U.S.-listed stocks of several Chinese companies climbed, such as a 13.1% jump for electric-vehicle company Nio and a 9.1% rise for Alibaba Group. Stocks in Shanghai, though, were roughly flat. In Seoul, South Korea’s Kospi slumped 2.8% as the fallout continues from President Yoon Suk Yeol 's brief declaration of martial law last week in the midst of a budget dispute. In the bond market, the yield on the 10-year Treasury rose to 4.19% from 4.15% late Friday. ___ AP Business Writers Matt Ott and Elaine Kurtenbach contributed. Stan Choe, The Associated Press
Court challenge over vote to extend post-Brexit trading arrangements dismissedDan Campbell left furious in press conference as journalist reveals Lions player leaked plays in social media post READ MORE: The 'ugly' scenes that led to Matt Eberflus' Chicago Bears firing By OLIVER SALT Published: 21:46 GMT, 30 November 2024 | Updated: 21:49 GMT, 30 November 2024 e-mail 1 View comments Detroit Lions head coach Dan Campbell cut a frustrated figure after being told by a journalist that one of his players had accidentally leaked an offensive play on social media. Before their 23-20 victory over the Chicago Bears on Thanksgiving , Lions running back Jahmyr Gibbs shared a photo on his Instagram story which showed teammate Jermar Jefferson stood in front of a whiteboard filled with specific plays. Fans were quick to spot that the whiteboard was filled with specific offensive plays, though it is unclear whether Detroit actually uses any of them in-game or not. Regardless, Gibbs, 22, risked exposing team secrets by posting the photo on Instagram - and Campbell was unaware of it up until a press conference on Saturday. The Lions coach was told by a reporter in that press conference about his player's actions, which appeared to leave him both stunned and furious in equal measure. When told about Gibbs' apparent leak on social media and asked if he needs to remind him to be smart about posting online, Campbell said: 'Oh, I didn't know that. I did not know that. Lions HC Dan Campbell (right) fumed after learning Jahmyr Gibbs (left) leaked an offensive play Jahmyr Gibbs nooooooooooooo pic.twitter.com/80wIBGcyTT — The Coachspeak Index (@CoachspeakIndex) November 30, 2024 Gibbs shared this photo of teammate Jermar Jefferson with team secrets seen in the background 'Ok, yeah, I need to check on that then. Did not know that.' Before swiftly leaving the press conference, he added: 'Yeah, I'd rather our stuff not be out there. Thanks.' Gibbs is currently in his second season with the Lions after being selected with the 12th overall pick in the 2023 NFL Draft. The former Alabama college star has been a crucial member of Campbell's offense in 2024, recording a total of 973 rushing yards and 11 total touchdowns so far, both of which rank in the top five in the NFL. He has helped Detroit flex its muscles as a major Super Bowl contender by winning 11 of their 12 regular-season fixtures, with the only slip-up coming against the Tampa Bay Buccaneers in Week 2. Next up for the Lions is a huge showdown with the Green Bay Packers at Ford Field next Thursday. Detroit Lions Instagram Share or comment on this article: Dan Campbell left furious in press conference as journalist reveals Lions player leaked plays in social media post e-mail Add commentNone
A bid by The Onion satirical news outlet to buy Alex Jones' conspiracy theory platform Infowars returned Monday to a Texas courtroom, where a judge heard arguments on whether a bankruptcy auction was properly run as Jones alleges collusion and fraud. U.S. Bankruptcy Judge Christopher Lopez in Houston is looking into the November auction and how a trustee chose The Onion over the only other bidder — a company affiliated with Jones that offered twice as much money as The Onion. The judge said the hearing would last into Monday evening and pick up again on Tuesday afternoon. The sale of Infowars is part of Jones' personal bankruptcy case , which he filed in late 2022 after he was ordered to pay nearly $1.5 billion in defamation lawsuits in Connecticut and Texas filed by relatives of victims of the Sandy Hook Elementary School shooting in Connecticut. Jones repeatedly called the 2012 shooting that killed 20 children and six educators a hoax staged by actors and aimed at increasing gun control. Most of the proceeds from the sale of Infowars, as well as many of Jones' personal assets, will go to the Sandy Hook families to help satisfy judgments issued by juries and judges in state courts in Connecticut and Texas. Some proceeds will go to Jones' other creditors. The Onion, which wants to turn Infowars' website and social media accounts into parodies , offered $1.75 million for Infowars' assets in the auction, while First United American Companies — which runs a website in Jones’ name that sells nutritional supplements — bid $3.5 million. The Onion's bid also included a pledge by many of the Sandy Hook families to forgo some or all of the auction proceeds due to them to give other creditors a total of $100,000 more than they would receive under other bids. The trustee, Christopher Murray, chose The Onion, saying its proposal was better for creditors because they would receive more money. Joshua Wolfshohl, an attorney for Murray, told the judge Monday that no wrongdoing occurred during the auction. He called the complaints by Jones and First United American Companies unfounded. “The vast majority of their complaints are just fantastic, imagined conspiracy theories that have no basis in reality," he said. Jones' lawyer, Ben Broocks, questioned Murray's rationale for choosing The Onion and alleged that a recent deposition of the trustee showed improprieties. He also questioned the validity of The Onion's bid, saying it was technically valued at $7 million because of the incentive offered by the Sandy Hook families. An auction company executive involved in the sale testified most of the afternoon. In court filings, Jones and First United American Companies accused Murray, The Onion and the Sandy Hook families of illegally colluding on the bidding, committing fraud and violating the judge's rules for the auction. Murray, The Onion and the families deny the allegations. In his own court filing, Murray called the allegations “a disappointed bidder’s improper attempt to influence an otherwise fair and open auction process.” Up for sale at the auction were all the equipment and other assets in the Infowars studio in Austin, Texas, as well as its social media accounts, websites, video archive and product trademarks. Jones uses the studio to broadcast his far-right, conspiracy theory-filled shows on the Infowars website, his account on the social platform X and radio stations. Jones has set up another studio, websites and social media accounts in case The Onion wins approval to buy Infowars and kicks him out. Jones has said he could continue using the Infowars platforms if the auction winner is friendly to him. Jones is appealing the $1.5 billion in judgments citing free speech rights but has acknowledged that the school shooting happened . On Friday, a Connecticut appeals court reduced by $150 million the original $1.44 billion judgment against Jones in the lawsuit against him in that state, but upheld the rest of the award. Jones' lawyer said he will ask Connecticut's highest court to review the appellate ruling. Jones is also appealing a $50 million judgment in a similar Texas defamation lawsuit.
Riley also had 11 rebounds for the Trailblazers (2-6). Noa Gonsalves scored 15 points and added eight rebounds and three steals. Justin Bieker shot 4 of 6 from the field and 2 for 3 from the line to finish with 11 points. The Pioneers (3-5) were led in scoring by Sebastian Akins and Josh Lee, who both finished with 11 points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .HIGH POINT, N.C. (AP) — D'Maurian Williams scored 18 points as High Point beat Pfeiffer 81-50 on Saturday. Williams went 8 of 13 from the field (2 for 3 from 3-point range) for the Panthers (8-1). Kezza Giffa scored 14 points, going 3 of 8 from the floor, including 1 for 3 from 3-point range, and 7 for 8 from the line. Kimani Hamilton shot 4 for 8, including 1 for 3 from beyond the arc to finish with 11 points. The Falcons were led by Doug Smith and Justin Gaten with nine points apiece. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Marles the mediocre floats free of media scrutiny
The Miami Hurricanes, who once appeared to be a near-lock for the College Football Playoff, are not playing for a national title. Instead, they will play in the Pop-Tarts Bowl in Orlando. That bowl berth against Iowa State is a let-down for fans with dreams of a sixth national title in their minds, as well as players hoping to compete for a championship. However, Miami’s trip to Orlando and the lead-up to it are still crucial periods for the Hurricanes for multiple reasons. First, it’s a chance for the program to achieve something it has not done in more than two decades: win 11 games. Although the 11th win won’t get them closer to a championship, it is a good sign of the program’s progress over Mario Cristobal’s tenure. It would also end UM’s five-game losing streak in bowls. “We’re not satisfied,” Cristobal said. “We want to win every single game. We won 10. We were close on the other two, but close isn’t good enough. We want progress. We’re hungry and driven to get better, and so that’s what our focus is on: to improving as a football program, to getting better, to moving into the postseason with an opportunity against a great football team like this and putting our best on the field.” People are also reading... There are signs the Hurricanes will show up at close to full strength for the bowl game. Running back Damien Martinez announced he was going to play, and star quarterback Cam Ward said in a video call posted on social media that he intends to play, as well. “We’re trying to win our first bowl game in 20 years,” Ward said in the video, mistaking the length of UM’s long bowl losing streak. “We’re going hard.” Playing in the bowl game also provides the opportunity for the Hurricanes to get in several practices between now and the game. That means Miami can develop its young players and prepare them for next season during both the practices and the bowl game itself. “It’s extremely valuable,” Cristobal said. “You really don’t have many opportunities throughout the course of the year — time is limited more and more each season with your student-athletes. I want to state this and be very clear: it’s very important, it’s ultra-important for the University of Miami to continue to develop and grow and progress by stressing the importance of offseason opportunities ... You learn a lot about your team and learn a lot about your people and your program when you head to the postseason.” Of course, there are potential negatives. Players can get hurt; Mark Fletcher Jr. suffered a foot injury in the Pinstripe Bowl last year that cost him all of spring practice. A poor performance can also potentially set the tone for next season, like how Florida State, fresh off a playoff snub last year, suffered a devastating loss against Georgia in the Orange Bowl and went on to a dismal 2-10 season this year. “This is the ending of ’24 and the beginning of ’25,” Cristobal said. “This is the last opportunity to be on the field and carry some momentum into the offseason. So it is, in essence, it is the most important game because it’s the next game. “There’s a lot of excitement in the form of opportunity for our guys. Our guys love to play football. The chance to play one more time with this special group — this is a special group of guys now. They’ve worked hard to really change the trajectory of the University of Miami, and they want to continue to elevate the status and the culture at the University of Miami. So certainly a ton to play for.” ____ Be the first to know Get local news delivered to your inbox!Charles Schwab Investment Management Inc. decreased its holdings in shares of Alkermes plc ( NASDAQ:ALKS – Free Report ) by 11.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,107,049 shares of the company’s stock after selling 275,518 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.30% of Alkermes worth $58,976,000 at the end of the most recent quarter. Several other hedge funds have also recently added to or reduced their stakes in ALKS. Intech Investment Management LLC bought a new stake in shares of Alkermes in the third quarter valued at approximately $1,463,000. Moors & Cabot Inc. acquired a new position in Alkermes during the 3rd quarter valued at $223,000. Advisors Asset Management Inc. raised its stake in Alkermes by 21.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 10,158 shares of the company’s stock valued at $284,000 after purchasing an additional 1,771 shares during the last quarter. Pathstone Holdings LLC boosted its holdings in Alkermes by 72.8% in the 3rd quarter. Pathstone Holdings LLC now owns 71,324 shares of the company’s stock valued at $1,996,000 after purchasing an additional 30,048 shares during the period. Finally, AMG National Trust Bank grew its position in Alkermes by 68.3% in the 3rd quarter. AMG National Trust Bank now owns 59,645 shares of the company’s stock worth $1,669,000 after purchasing an additional 24,200 shares during the last quarter. Institutional investors own 95.21% of the company’s stock. Alkermes Stock Performance NASDAQ ALKS opened at $29.02 on Friday. Alkermes plc has a 1-year low of $22.90 and a 1-year high of $32.88. The company has a 50 day moving average of $28.01 and a 200-day moving average of $26.52. The company has a current ratio of 3.45, a quick ratio of 3.03 and a debt-to-equity ratio of 0.22. The firm has a market cap of $4.70 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 0.97 and a beta of 0.47. Insider Activity at Alkermes Analysts Set New Price Targets ALKS has been the subject of a number of research analyst reports. Mizuho upped their price objective on shares of Alkermes from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. The Goldman Sachs Group decreased their price objective on Alkermes from $32.00 to $30.00 and set a “buy” rating on the stock in a report on Friday, October 25th. JPMorgan Chase & Co. lowered their price objective on Alkermes from $32.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Cantor Fitzgerald reduced their target price on Alkermes from $48.00 to $43.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Finally, Stifel Nicolaus raised shares of Alkermes from a “hold” rating to a “buy” rating and boosted their price target for the company from $25.00 to $36.00 in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, Alkermes presently has an average rating of “Moderate Buy” and an average price target of $35.42. Read Our Latest Stock Analysis on ALKS Alkermes Company Profile ( Free Report ) Alkermes plc, a biopharmaceutical company, researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in therapeutic areas in the United States, Ireland, and internationally. It has a portfolio of proprietary commercial products for the treatment of alcohol dependence, opioid dependence, schizophrenia and bipolar I disorder and a pipeline of clinical and preclinical product candidates in development for neurological disorders. Featured Stories Want to see what other hedge funds are holding ALKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alkermes plc ( NASDAQ:ALKS – Free Report ). Receive News & Ratings for Alkermes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alkermes and related companies with MarketBeat.com's FREE daily email newsletter .PEORIA — A lucky slot player was the second guest to take home big money this month from an East Peoria casino. A news statement from Par-A-Dice Hotel Casino said an unnamed slot player won $46,318 after placing a $9 bet Friday on the Light & Wonder's "Blazing 777 Triple Double Jackpot Wild Nudge." The statement added this guest "left feeling on top of the world" with the money. The casino also said the win is the second major jackpot in five days at Par-A-Dice, noting another guest won a $29,000 payday on Dec. 1. Par-A-Dice Hotel Casino features 26,000 square feet of casino gaming space with 500 slot and video poker machines and 18 table games at 21 Blackjack Blvd., East Peoria. For more information, go to www.paradicecasino.com . The Since U Been Gone star announced on Monday that she will perform 10 shows across July and August in support of her upcoming album Chemistry. "I am so excited for these shows and couldn't think of a better place to get back on stage than Las Vegas! The crowds in Vegas are such an amazing collection of people that simply want to have a great time and that's what we're going to do!” "So many of my musical idols have had, and still have, incredible residencies on The Strip, and I'm so excited to create my own!" In between Dave & Buster's screen-lit aisles and makeshift arenas, it's not unusual to see groups of friends competing with each other. At each of the arcade chain's more than 222 franchises throughout the country, there's just about every kind of friendly physical and virtual game—Hot Shots basketball, Skee-Ball, air hockey, billiards, virtual car racing, and shooting—to master. And that is just the beginning. ATS.io mapped how gambling is entering arcades across the United States and the implications for these two industries. In a partnership with technology company Lucra, Dave & Buster's announced in April 2024 that it plans to allow customers to bet on its arcade games through a social wagering channel on its app. The gamification software will accommodate peer-to-peer digital cash bets on "skill-based" games, otherwise defined as "recreational activities for which the outcome is largely or entirely dependent on the knowledge, ability, strength, speed, endurance, intelligence of the participants and is subject to the control of those participants," Lucra chief operating officer Michael Madding told the New York Times . In the process, loyalty members will be able to digitally wager on each other's recreational abilities, earn various rewards, and unlock exclusive perks, effectively merging sports betting and arcade fandom together. "This new partnership gives our loyalty members real-time, unrivaled gaming experiences, and reinforces our commitment to continuing to elevate our customer experience through innovative, cutting-edge technology," Simon Murray, senior vice president of entertainment and attractions at Dave & Buster's, said in the company's initial press release. The decision to enter the betting fray is the latest example of an arcade or casino investing in gamification to capitalize on the exponential growth of gambling. As of May 2024, close to 40 states have legalized sports betting, which achieved record revenues ($10.9 billion) in 2023, according to the American Gaming Association, thanks to maturation across existing and newer markets, such as Massachusetts and Ohio. In the same year, more traditional and regulated casino slots and table games at brick-and-mortar establishments grossed a record $49.4 billion in revenue. That doesn't even mention the soaring estimations for the fantasy sports market, which projects to reach $56.36 billion in 2030 , according to a report by Grand View Research. "A lot of these new skill games are riding the wave of the sports betting and fantasy sports boom," Daniel Wallach, a gaming law and sports betting attorney, told ATS.io. "If fantasy sports is a legal game of skill, and it falls outside the gambling prohibitions under state law, then that could potentially apply to myriad other skill games. That's what Dave & Buster's is banking on." Still, there are potential consequences and uphill battles. Over the last couple of years, numerous "adult arcades" attempting to circumvent state laws with gambling games have been raided by authorities—namely in Florida, where slot machines are illegal unless they're at casinos or pari-mutuels. Depending on the state and how Dave & Buster's plans to operate its social wagering, the chain may also face legal hurdles. But according to Wallach, as long as an arcade isn't acting as "the house" and setting odds, "in most jurisdictions, the peer-to-peer product is, legally, the path of least resistance." In a post-pandemic world, finding new ways to attract and retain customers has become paramount for big entertainment venues. Until about a decade ago, publications were still delivering eulogies for the arcade, which struggled to compete with home video game consoles. In a 2013 story for The Verge , author Laura June argued: "The economics aren't there anymore, the community support never was, and, of course, gaming companies make a killing in the home—almost none are even producing cabinets anymore." To reinvent themselves, many arcades have introduced more hospitality elements and virtual/augmented reality opportunities, hoping newer social technology might lure customers back. Along with casinos installing slots that incorporate video game elements like storytelling and competition, they've also taken hints from sports betting companies like DraftKings and FanDuel, gamifying their mobile experiences by presenting various "challenges" or "missions" or "bonuses" that can incentivize players to stay active on an app and increase their chances to win prizes. Some arcades, like Galloping Ghost Arcade, based in Brookfield, Illinois, have pivoted the other direction, leaning into nostalgia to fuel their niche customer base. According to owner Doc Mack, the venue—which hosts about 80,000 customers a year—doesn't supply any food or beverage service, has close to 900 different games, and charges a $25 flat rate so customers don't pinch their quarters. "We have tried to really go with an old-school approach to it. Our games kind of speak for themselves," Mack told ATS.io. "You don't have to pitch anything else to make these games iconic or make people want to play them." Unlike Dave & Buster's, he says, which phases old games out, Galloping Ghost prides itself on classic arcade options that don't cater to online opportunities. Considering the scope and intention of his business, gamification only makes sense for a certain size operation looking to draw in more casual customers. "I think it's great to try to innovate and bring new things to it," Mack said. "If you operate that big at this point, maybe you just try to do anything you can to figure out a new revenue opportunity." Considering Dave & Buster's is one of many arcade entertainment franchises that cater to families, underage gambling has become a concern. Legislators such as Illinois state Rep. Daniel Didech have spoken out about the lack of safeguards preventing kids and teenagers from betting themselves. Lucra says its betting services are only intended for adults 18 and up, and that the average contest size is around $5 or $10. But without being regulated—a reason the American Gaming Association declined to comment for this story—the chain opens itself up to more scrutiny. "State regulation can provide an important consumer protection element that would otherwise be missing from unregulated albeit legal activity," Wallach said. "Maybe the answer is to regulate rather than prohibit." Whether or not it finds initial success, Wallach believes this venture into arcade peer-to-peer betting is likely to gain imitators. Consider venues such as Topgolf and PingPod (a fully automated table tennis space), which have already gamified some of their experiences and contain inherent head-to-head competitions. Meanwhile, on Lucra's list of clients is a pickleball ratings system and a tennis app that allows players to compete against each other for real money. According to Lucra, its app has created 1 million unique contests and collected more than $20 million of handle. It seems like just the beginning. "There's much more skill gaming out there at commercial venues than you may even realize," Wallach said. "There's no reason why this concept can't be imported to those types of recreational activities." Story editing by Carren Jao. Copy editing by Tim Bruns. This story originally appeared on ATS.io and was produced and distributed in partnership with Stacker Studio. Contact Brendan Denison at (309) 820-3238. Follow Brendan Denison on Twitter: @BrendanDenison Get local news delivered to your inbox! Subscribe to our Daily Headlines newsletter. Breaking News Reporter {{description}} Email notifications are only sent once a day, and only if there are new matching items.The women who came before | The Old Guy
Freshworks: Ideal Software Option For 2025 GARP InvestorsCity are now six games without a victory but appeared to be cruising towards three points before being stunned by the Eredivisie side, who hit them with goals from Anis Hadj Moussa, Santiago Gimenez and David Hancko to fight back from 3-0 down. Two goals from Erling Haaland, one of them a penalty, and one from Ilkay Gundogan had the 2023 European champions three up after 53 minutes as they sought the win that would help to get their ailing season back on track. After the team collapsed in the closing stages, Ake called on his team-mates to show their mettle if their campaign is not to wither away. Speaking to Amazon Prime, he was asked whether he believed the the team’s problem is a mental one. “Maybe it is,” he said. “It is difficult to say. Obviously we have not been in this situation many times but this is where we have to show our character. “When everything seems to go against us and everyone is writing us off, we have to stay strong mentally, believe in ourselves and stick together. “Every season there is a period when they write us off. We have to make sure we stay strong as a team and staff and make sure we get out of it.” The draw leaves City with work to do if they are to secure one of the eight automatic spots in the last 16 of this season’s Champions League. They are currently 15th in the table, two points outside of the top eight, and will need positive results in their next two games against Juventus and Paris St Germain to keep their hopes alive. They then face Club Brugge in their final league match on January 29. The result at least ended a run of five straight defeats in all competitions ahead of Sunday’s Premier League showdown with leaders Liverpool at Anfield. “When you are three goals up it feels like a defeat when you give up three goals at home,” said Ake. “It is tough now, a tough night, but the only thing we can do is look forward to the next one. Liverpool is a big game and it is another challenge to overcome. “(We were) 3-0 up and we played quite well and were under control, but then it all changed. “You just have to stay strong mentally. At 3-1 they then push on but I think we need to go for it a bit earlier so we could keep the pressure on them, but we stayed playing at the back and maybe invited more pressure on us. “Then when you concede the second one there is even more pressure and then we have to stay stronger mentally.”ESPN’s College GameDay producers either made a major gaffe or flat-out disrespected the state of South Carolina when they omitted the Gamecocks and Clemson’s key Week 14 matchup during their predictions segment. The November 30 broadcast was called out by several on social media. “Unless I missed it, College GameDay skipped South Carolina-Clemson. The disrespect, man,” 247 Sports’ Brad Crawford tweeted . Several responded in agreement. South Carolina is a state with proud fans who want representation during a year both of their teams are doing well. The response isn’t all that surprising. The snub was also notable for a show that had one of its hosts, Desmond Howard, question why ASU-Kansas State was being picked in Week 12. Overlooking a Rivalry Week matchup between an SEC and ACC school is a puzzling decision for The World Wide Leader considering the network has TV rights to both conferences. This is the most interesting edition of the Palmetto State’s Power 4 rivalry in over a decade, too. It doesn’t have to make sense, but it does have to make dollars and cents. Perhaps the network figured this would build buzz for the ESPN-broadcasted game. All eyes are still expected to be on Michigan-Ohio State even with the Wolverines struggling after all. Regardless of why this happened, clearly, college football fans are not a bunch you can sneak anything past. With College Football Playoff hopes on the line for both South Carolina and Clemson, you definitely weren’t going to sneak this one past social media.
da-kuk After a four-month rally, the market has taken Bitcoin ( BTC-USD ) from a low of $49k in early August up to $99.7k in late November. An epic tease, perhaps. With many, myself included, expecting a $100k BTC price, crypto's top coin is taking a breather. Have we already Analyst’s Disclosure: I/we have a beneficial long position in the shares of BTC-USD, ETH-USD, FBTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I'm not an investment advisor. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.KARACHI: Chairman of the Pakistan Peoples Party (PPP), Bilawal Bhutto Zardari, on Saturday called for political stability in Pakistan, whether it requires “dialogue between the government and opposition or the use of force”. Speaking at a rally marking the PPP’s 57th founding anniversary in Sukkur, Bhutto highlighted that achieving peace and economic stability in Pakistan required national consensus, underlining that political differences must not hinder the country’s progress. “Political stability is essential for the country’s future, whether achieved through dialogue or, if necessary, through firm measures,” Bhutto stated. He also called for a new National Action Plan (NAP) to combat terrorism, recognising the country’s urgent need to address growing security threats. Bilawal Bhutto urged all political parties and activists to strive for democracy and the supremacy of the constitution in the country, as other issues can only be addressed after achieving political stability. He emphasized that the opposition plays a crucial role in ensuring political stability, as they are not presenting themselves as a democratic and political opposition. Critisizing, PTI for protest and making choas in Islamabad, he mentioned that some political parties in Pakistan are not practicing politics within the political framework. The events of May 9 and what happened in Islamabad are not politics. Politicians must engage in political processes to limit the role of institutions to their constitutional boundaries. Bilawal added that politicians should resolve issues through dialogue. It is his desire that both the government and opposition work together to establish political stability in the country, with the government bearing more responsibility in this regard. He stated that some opposition parties want to engage in political opposition, while others adopt an anti-political and undemocratic approach. The opposition adopting a democratic and political stance should be responded to accordingly. If the opposition continues with an undemocratic stance, the government will respond in the same manner. Bilawal emphasized that they always advocate for negotiations and dialogue, but the opposition parties are seeking talks with the establishment rather than with political parties. If this approach to politics continues, both PTI and the country will suffer. The PPP chairman stated that the government has not contacted him regarding a ban on PTI or the imposition of governor’s rule in Khyber Pakhtunkhwa. If the government reaches out, they will try to ensure a decision is made by consensus. Bilawal said that the situation in Khyber Pakhtunkhwa is very grave, and an emergency crisis is developing due to law and order issues. The situation in Parachinar is being highlighted on social media and international media, while the provincial government is attacking the federation instead of restoring its authority. Bilawal added that the Chief Minister is still threatening to shoot at the federation in the assembly. He questioned how long they would tolerate this, as the real issues of Pakistan are different. “There are over 100 bodies in Khyber Pakhtunkhwa, and they are looking for their 100 bodies in Islamabad.” He further stated that it is the responsibility of the provincial government to restore law and order in Kurram with the help of the federation. If they are not serious about this and only prioritise the release of their leader or securing an NRO, then they should relinquish their provincial government responsibilities. Bilawal expressed hope that the provincial government would acknowledge its mistakes and focus on public issues. He also said that while protest is a right of the people, taking the law into their own hands or engaging in militancy should never be allowed. Bhutto marked the anniversary by addressing PPP workers from 150 regions across Pakistan, including all four provinces, Azad Kashmir, and Gilgit-Baltistan, showcasing the party’s extensive reach. He praised PPP’s continued presence and its role in Pakistan’s political landscape, citing the enduring legacy of its leaders. “Our political journey began with Zulfikar Ali Bhutto, who laid the foundation for democracy in Pakistan and provided a constitutional framework for the country,” he said, honouring the party founder’s legacy. Bhutto also recalled the former prime minister’s role in implementing economic policies aimed at benefiting the working class. “Zulfikar Ali Bhutto gave Pakistan its first economic policy, with reforms benefiting the common people, not the elites.” Further reflecting on the party’s history, Bhutto spoke of the late Benazir Bhutto’s pivotal role in guiding PPP through challenging times. “Benazir Bhutto’s courage was unmatched; she led the party with strength, even in the face of adversity,” he stated, recalling her leadership during the difficult periods of military rule. He lamented her tragic assassination, which he said was a direct attempt to weaken the PPP, but affirmed that the party remained resilient, revitalised under the leadership of former President Asif Ali Zardari. The PPP chairman expressed pride in his party’s accomplishments, such as the 18th Amendment and the creation of the China-Pakistan Economic Corridor (CPEC), both of which, he said, fulfilled key promises made by Benazir Bhutto. “Under Zardari’s leadership, we passed the 18th Amendment, granted provincial autonomy, and tackled poverty through initiatives like the Benazir Income Support Programme,” Bhutto remarked. Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );
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The Art and Precision of Investment Casting Manufacturing: A Deep DiveThe call for Rio Tinto to abandon its primary London listing doesn’t make economic sense, chief executive Jakob Stausholm says after an activist shareholder urged the miner to relocate to Australia. UK hedge fund Palliser Capital, which holds around $390 million of shares, wrote to Rio’s board on Wednesday, claiming its dual listed structure had been an “unmitigated failure” leading to about $78 billion in value destruction. It also said Rio’s efforts to pursue large-scale M&A had been hampered and called for an independent review to consider listing unification. “We have just not got anything that tells us that the structure we have is not the best structure,” Mr Stausholm said in response during an investor presentation in London on Wednesday. “There is a lot of value preserved in that structure.” The world’s second-largest miner by market value holds a primary listing on the London Stock Exchange and a secondary listing on the Australian Securities Exchange. Ever since rival BHP decided to collapse its dual listing in 2021, Rio has faced some pressure from activist investors to follow suit. Meanwhile, Rio is set to ramp up capital expenditure to the most in more than a decade, as the world’s biggest miners return to an era of growth. The raw materials giant will boost spending to $17b in 2025, up from $15b this year, for the biggest round of investment since 2013, Rio said in filings on Wednesday ahead of its presentation in London. “We are executing our strategy of delivering a stronger, more diversified, and growing business, underpinned by our belief in the demand for materials which are essential for the global energy transition,” Mr Jakob Stausholm said in a statement. The world’s biggest miners are shifting focus to expansion and dealmaking with an eye on metals needed for the world’s shift from fossil fuels. BHP targeted copper with its audacious but unsuccessful bid for rival Anglo American, while Rio is set to complete its $10b takeover of Arcadium Lithium next year. Rio said there’s potential to accelerate investment in lithium in Argentina and Canada after it buys Arcadium. It’s eyeing 225,000 tonnes of capacity by 2028, according to Wednesday’s statement. Rio said its copper output would rise to between 780,000t and 850,000t next year, up from guidance for this year at 660,000t to 720,000t. Higher bauxite mining will deliver a marginal increase in aluminium shipments next year, it added. Broadly, miners are shifting focus away from commodities like coal and iron ore that have enjoyed a two-decade boom along with the stunning growth of China’s economy. While Rio said its iron ore output would remain unchanged next year, it reiterated that the massive new Simandou mine in Guinea is expected to start shipping by the end of 2025. That project — considered one of the world’s highest-quality new sources of the steelmaking ingredient — could reach full capacity by 2028, Rio said. Bloomberg
Charles Schwab Investment Management Inc. reduced its holdings in Belden Inc. ( NYSE:BDC – Free Report ) by 1.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 492,345 shares of the industrial products company’s stock after selling 5,722 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.22% of Belden worth $57,668,000 as of its most recent SEC filing. Several other institutional investors also recently added to or reduced their stakes in the business. Foundry Partners LLC bought a new position in Belden in the 3rd quarter worth approximately $11,814,000. Intech Investment Management LLC increased its position in Belden by 30.8% in the 3rd quarter. Intech Investment Management LLC now owns 15,595 shares of the industrial products company’s stock worth $1,827,000 after buying an additional 3,669 shares during the period. First Horizon Advisors Inc. increased its position in Belden by 97.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 423 shares of the industrial products company’s stock worth $50,000 after buying an additional 209 shares during the period. Advisors Asset Management Inc. increased its position in Belden by 53.0% in the 3rd quarter. Advisors Asset Management Inc. now owns 3,307 shares of the industrial products company’s stock worth $387,000 after buying an additional 1,145 shares during the period. Finally, Prospera Private Wealth LLC bought a new position in Belden in the 3rd quarter worth approximately $33,000. 98.75% of the stock is owned by institutional investors. Belden Price Performance Shares of NYSE:BDC opened at $122.52 on Friday. The business’s 50 day moving average is $119.17 and its 200-day moving average is $104.80. The company has a current ratio of 2.07, a quick ratio of 1.43 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $4.94 billion, a PE ratio of 28.43 and a beta of 1.07. Belden Inc. has a 1-year low of $65.64 and a 1-year high of $131.82. Belden Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.16%. The ex-dividend date is Thursday, December 12th. Belden’s dividend payout ratio is 4.65%. Insider Activity at Belden In other Belden news, CAO Doug Zink sold 3,000 shares of Belden stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $128.82, for a total value of $386,460.00. Following the completion of the transaction, the chief accounting officer now owns 6,643 shares in the company, valued at approximately $855,751.26. The trade was a 31.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . 1.59% of the stock is owned by insiders. Analyst Upgrades and Downgrades Several brokerages have commented on BDC. Truist Financial lifted their price target on Belden from $124.00 to $136.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Benchmark lifted their price objective on Belden from $120.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $122.75. Read Our Latest Stock Report on BDC Belden Company Profile ( Free Report ) Belden Inc designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber to the home, and building automation. Recommended Stories Want to see what other hedge funds are holding BDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Belden Inc. ( NYSE:BDC – Free Report ). Receive News & Ratings for Belden Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Belden and related companies with MarketBeat.com's FREE daily email newsletter .
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