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Stewartville football captures second consecutive Class 3A state title in dominating fashionNEW YORK (AP) — U.S. stock indexes reached more records after tech companies talked up how much artificial intelligence is boosting their results. The S&P 500 climbed 0.6% Wednesday to add to what looks to be one of its best years of the millennium. The Dow Jones Industrial Average gained 0.7%, while the Nasdaq composite added 1.3% to its own record. Salesforce pulled the market higher after highlighting its artificial-intelligence offering for customers. Marvell Technology jumped even more after saying it’s seeing strong demand from AI. Treasury yields eased, while bitcoin climbed after President-elect Donald Trump nominated a crypto advocate to head the Securities and Exchange Commission. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stock indexes are rising toward more records Wednesday after tech companies talked up how much of a boost they're getting from artificial intelligence . The S&P 500 climbed 0.5% to add to what looks to be one of its best years of the millennium. It’s on track to set an all-time high for the 56th time this year after coming off 10 gains in the last 11 days . The Dow Jones Industrial Average was up 252 points, or 0.6%, with an hour remaining in trading, while the Nasdaq composite was adding 1.2% to its own record. Salesforce helped pull the market higher after delivering stronger revenue for the latest quarter than analysts expected, though its profit fell just short. CEO Mark Benioff highlighted the company’s artificial-intelligence offering for customers, saying “the rise of autonomous AI agents is revolutionizing global labor, reshaping how industries operate and scale.” The stock of the company, which helps businesses manage their customers, rose 9.3%. Marvell Technology jumped even more after delivering better results than expected, up 23.2%. CEO Matt Murphy said the semiconductor supplier is seeing strong demand from AI and gave a forecast for profit in the upcoming quarter that topped analysts’ expectations. They helped offset a 9.8% drop for Foot Locker, which reported profit and revenue that fell short of analysts’ expectations. CEO Mary Dillon said the company is taking a more cautious view, and it cut its forecasts for sales and profit this year. Dillon pointed to how keen customers are for discounts and how soft demand has been outside of Thanksgiving week and other key selling periods. Retailers overall have offered mixed signals about how resilient U.S. shoppers can remain. Their spending has been one of the main reasons the U.S. economy has avoided a recession that earlier seemed inevitable because of high interest rates brought by the Federal Reserve to crush inflation. But shoppers are now contending with still-high prices and a slowing job market . This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. A narrower report released on Wednesday morning may have offered a preview of it. The report from ADP suggested employers in the private sector increased their payrolls by less last month than economists expected. Hiring in manufacturing was the weakest since the spring, according to Nela Richardson, chief economist at ADP. The report strengthened traders’ expectations that the Fed will cut its main interest rate again when it meets in two weeks. The Fed began easing its main interest rate from a two-decade high in September, hoping to offer more support for the job market. The central bank had appeared set to continue cutting rates into next year, but the election of Donald Trump has scrambled Wall Street’s expectations somewhat. Trump’s preference for higher tariffs and other policies could lead to higher economic growth and inflation , which could alter the Fed’s plans . Fed Chair Jerome Powell said Wednesday that the central bank can afford to cut its benchmark rate cautiously because inflation has slowed significantly from its peak two years ago and the economy remains sturdy. A separate report on Wednesday said health care, finance and other businesses in the U.S. services sector are continuing to grow, but not by as much as before and not by as much as economists expected. One respondent from the construction industry told the survey from the Institute for Supply Management that the Fed’s rate cuts have not pulled down mortgage rates as much as hoped yet. Plus “the unknown effect of tariffs clouds the future.” In the bond market, the yield on the 10-year Treasury fell to 4.18% from 4.23% late Tuesday. On Wall Street, Campbell’s fell 6% for one of the S&P 500’s sharper losses despite increasing its dividend and reporting a stronger profit for the latest quarter than analysts expected. Its revenue fell short of Wall Street’s expectations, and the National Football League’s Washington Commanders hired Campbell’s CEO Mark Clouse as its team president. Campbell’s said Mick Beekhuizen, its president of meals and beverages, will become its 15th CEO following Clouse’s departure. Gains for airline stocks helped offset that drop after JetBlue Airways said it saw stronger bookings for travel in November and December following the presidential election. It said it’s also benefiting from lower fuel prices, as well as lower costs due to improved on-time performance. JetBlue jumped 8.3%, while Southwest Airlines climbed 2.8%. In stock markets abroad, South Korea’s Kospi sank 1.4% following a night full of drama in Seoul. President Yoon Suk Yeol was facing possible impeachment after he suddenly declared martial law on Tuesday night, prompting troops to surround the parliament. Yoon accused pro-North Korean forces of plotting to overthrow one of the world’s most vibrant democracies. The martial law declaration was revoked about six hours later. Samsung Electronics fell 0.9% in Seoul. The country’s financial regulator said it was prepared to deploy 10 trillion won ($7.07 billion) into a stock market stabilization fund at any time, the Yonhap news agency reported. In the crypto market , bitcoin climbed back above $97,000 after Trump said he would nominate Paul Atkins , a cryptocurrency advocate, to chair the Securities and Exchange Commission. ___ AP Writers Matt Ott and Zimo Zhong contributed. Stan Choe, The Associated Press
KBC Group NV lowered its stake in shares of Marriott Vacations Worldwide Co. ( NYSE:VAC – Free Report ) by 99.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 964 shares of the company’s stock after selling 100,000 shares during the period. KBC Group NV’s holdings in Marriott Vacations Worldwide were worth $71,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Marriott Vacations Worldwide by 4.6% during the first quarter. Vanguard Group Inc. now owns 3,266,238 shares of the company’s stock valued at $351,872,000 after purchasing an additional 143,074 shares during the period. CANADA LIFE ASSURANCE Co increased its position in shares of Marriott Vacations Worldwide by 20.7% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 24,501 shares of the company’s stock valued at $2,645,000 after buying an additional 4,198 shares in the last quarter. Natixis bought a new stake in shares of Marriott Vacations Worldwide in the 1st quarter valued at $560,000. Impactive Capital LP acquired a new stake in Marriott Vacations Worldwide during the 1st quarter worth $123,613,000. Finally, Kennedy Capital Management LLC lifted its holdings in Marriott Vacations Worldwide by 15.3% during the first quarter. Kennedy Capital Management LLC now owns 238,280 shares of the company’s stock worth $25,670,000 after acquiring an additional 31,637 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group started coverage on shares of Marriott Vacations Worldwide in a research report on Wednesday, September 18th. They set a “sell” rating and a $62.00 price objective for the company. Barclays lifted their price objective on shares of Marriott Vacations Worldwide from $74.00 to $97.00 and gave the company an “equal weight” rating in a research report on Friday, November 8th. Mizuho boosted their target price on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Stifel Nicolaus lowered their price target on shares of Marriott Vacations Worldwide from $108.00 to $96.50 and set a “buy” rating on the stock in a report on Friday, September 13th. Finally, JMP Securities lowered their price objective on Marriott Vacations Worldwide from $115.00 to $90.00 and set a “market outperform” rating on the stock in a research report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $101.72. Marriott Vacations Worldwide Trading Up 2.3 % Shares of VAC stock opened at $94.07 on Friday. The company has a 50 day moving average of $80.14 and a 200-day moving average of $82.26. Marriott Vacations Worldwide Co. has a 12-month low of $67.28 and a 12-month high of $108.57. The firm has a market cap of $3.28 billion, a P/E ratio of 17.92, a PEG ratio of 0.81 and a beta of 1.79. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19. Marriott Vacations Worldwide Announces Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, September 19th were issued a $0.76 dividend. The ex-dividend date was Thursday, September 19th. This represents a $3.04 annualized dividend and a dividend yield of 3.23%. Marriott Vacations Worldwide’s payout ratio is currently 57.90%. Insiders Place Their Bets In related news, insider Jason P. Marino acquired 700 shares of Marriott Vacations Worldwide stock in a transaction dated Wednesday, September 11th. The shares were purchased at an average cost of $69.00 per share, with a total value of $48,300.00. Following the completion of the purchase, the insider now owns 15,851 shares of the company’s stock, valued at $1,093,719. This represents a 4.62 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . Corporate insiders own 1.70% of the company’s stock. Marriott Vacations Worldwide Profile ( Free Report ) Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. Further Reading Receive News & Ratings for Marriott Vacations Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott Vacations Worldwide and related companies with MarketBeat.com's FREE daily email newsletter .Judge weighs whether to order Fani Willis to comply with lawmakers’ subpoenas over Trump case
No. 11 Miami pulls away late to beat Wake Forest 42-14 and move one win from the ACC title gameUS firms race to get ahead of Trump tariffsNORMAL, Ill. — In closing the 2024 season on a cloudy, cold Saturday afternoon, the UND football program was consistent right up to the bitter end. The Fighting Hawks consistently struggled to stop the run and consistently were unable to perform on the road. ADVERTISEMENT UND lost a fifth-straight game for the first time since 1986 with a 35-13 loss against No. 14 Illinois State at Hancock Stadium. The Fighting Hawks gave up at least 35 points for the fifth-straight game and finished the year 0-5 on the road. UND ends the year 5-7, finishing under .500 for the fourth time in Bubba Schweigert's 11 years as head coach. Schweigert signed a contract extension through the 2027 season this past offseason but a lengthy losing skid to close 2024 has produced a growing buzz of those questioning his job security. "There's two people that I have concern how they feel and that's our athletic director and the president of the university," Schweigert said when asked about his future after the game. "The other stuff is outside noise." Illinois State's Wenkers Wright ran for 118 yards and two touchdowns as the Redbirds piled up 420 yards of total offense. "We've got to tackle better," Schweigert said. "We know that's a fundamental that we have to get better at. We have to be more physical up front and fit the run better." The game's turning point came early in the third quarter. ADVERTISEMENT The Fighting Hawks trailed 14-10 at halftime and the defense forced a stop on Illinois State's opening drive of the second half. UND running back Sawyer Seidl took the next three carries. The young speedster busted off a run of 11 yards, then an 18-yard run in which the Hawks' offensive line helped push the pile in a scrum situation. Seidl entered another scrum situation on his next carry and UND's sideline was energized by the physical running game. As the scrum carried on, however, Illinois State was able to rip a fumble away from Seidl at the last moment. Nine plays later, Wright scored from 18 yards out to extend the Illinois State lead to 21-10. "I didn't see it but it went to review and they confirmed it," Schweigert said. "We had three, four physical plays in a row. Sawyer was running hard, and it was unfortunate he lost the ball." UND was limited to 266 yards of total offense as quarterback Simon Romfo was 11-for-26 for 135 yards. "We left a lot of plays out there," said UND wide receiver Bo Belquist, who had three catches for 42 yards. "I thought our offensive line and running backs were super physical and did a great job. We got stuck on a couple of drives, and you can't do that against good teams and that's why they're in the playoffs." ADVERTISEMENT Belquist finishes his decorated career one touchdown shy of Greg Hardin's Division I school record for touchdown catches (31). "Not the way you want to end (your career)," Belquist said. "It wasn't my greatest performance out there but it's over and it is what it is. You have to move on and embrace the memories you made over the years and the relationships you created. Life goes on."
The Independent Patriots for Change (IPC) could face administrative and leadership bottlenecks if it does not clearly define the role of its president Dr Panduleni Itula and that o ... If you are an active subscriber and the article is not showing, please log out and back in. Free access to articles from 12:00.
SAN JUAN, Puerto Rico (AP) — DeMarr Langford Jr. put in the winning points off his offensive rebound at the buzzer and Amar'e Marshall scored 18 points as Albany defeated Kansas City 67-65 on Saturday. Marshall added five steals for the Great Danes (5-1). Langford added 16 points while going 7 of 8 and 2 of 4 from the free-throw line while he also had six rebounds. Justin Neely shot 2 of 4 from the field and 6 for 7 from the line to finish with 10 points. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Got nine bucks? You could be going to a Blue Jays gameAP Trending SummaryBrief at 4:56 p.m. EST