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SEATTLE--(BUSINESS WIRE)--Dec 19, 2024-- Expedia Group (NASDAQ: EXPE) announced today that Scott Schenkel has been appointed as Expedia Group’s Chief Financial Officer, effective the day after Expedia Group files its Annual Report on Form 10-K for the year ended December 31, 2024 (which is expected to be on or about February 7, 2025). As previously announced, Julie Whalen will remain in the CFO role through February to ensure a smooth transition. As CFO, Mr. Schenkel will be responsible for leading Expedia Group’s global finance organization and will be based in Seattle, reporting directly to the Company’s Chief Executive Officer, Ariane Gorin. Mr. Schenkel has more than 30 years of global business and financial leadership expertise across e-commerce, healthcare, and technology businesses. As an operationally focused CFO, his experience spans company, business unit and functional leadership with extensive knowledge in financial planning, analytics, strategy, audit, mergers and acquisitions, integration, and process improvement. “Scott joins Expedia Group with extensive financial leadership experience across global businesses, particularly in e-commerce,” said Ariane Gorin, Chief Executive Officer, Expedia Group. “His expertise, operational acumen, and strategic insight will be instrumental as we strengthen our position as a global leader in travel. I look forward to working with Scott to drive our strategic goals forward. I also want to thank Julie for her significant contributions and dedication during her tenure as CFO, as well as for ensuring a smooth transition to Scott.” “I’m honored to join Expedia Group and excited about the opportunity to contribute to such an innovative and dynamic company,” said Scott Schenkel. “I look forward to collaborating with Ariane and the team to drive financial excellence and support the company’s mission of powering global travel experiences.” About Scott Schenkel Mr. Schenkel most recently served as the Interim CEO of eBay Inc. from September 2019 through April 2020 and its Senior Vice President and Chief Financial Officer from 2015 to 2019. Prior to the eBay CFO role, he spent six years as Senior Vice President and Chief Financial Officer of eBay Marketplace, having originally joined eBay in 2007 as Vice President of Global Financial Planning and Analytics. Prior to eBay, Mr. Schenkel spent nearly 17 years at General Electric Company in a variety of financial leadership roles. About Expedia Group Expedia Group, Inc. brands power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for good, we help people experience the world in new ways and build lasting connections. We provide industry-leading technology solutions to fuel partner growth and success, while facilitating memorable experiences for travelers. Expedia Group’s three flagship consumer brands include: Expedia®, Hotels.com ®, and Vrbo®. Forward Looking Statements This press release contains certain statements that constitute "forward-looking statements" within the meaning of federal securities laws, including statements regarding Expedia Group’s CFO transition. These statements are based on management's assumptions and beliefs in light of the information currently available to it. Such statements are indicated by words or phrases such as "anticipate," "continue," "expect," "future," "position," "strategy," "will," and variations of such words and similar phrases. Various uncertainties and other factors could cause actual results to differ materially from those contained in the forward-looking statements. These include the specific risk factors identified in "Risk Factors" in our annual report on Form 10-K for our last fiscal year and any subsequent filings. Expedia Group assumes no obligation to update the information contained herein unless required by applicable law. Please refer to Expedia Group’s reports and filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties. For more information, visit www.expediagroup.com . Follow us on X @expediagroup and check out our LinkedIn. © 2024 Expedia, Inc., an Expedia Group company. All rights reserved. Trademarks and logos are the property of their respective owners. CST: 2029030-50 View source version on businesswire.com : https://www.businesswire.com/news/home/20241219878769/en/ press@expedia.com KEYWORD: WASHINGTON UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TRANSPORTATION LODGING ONLINE RETAIL DESTINATIONS TECHNOLOGY VACATION TRAVEL ELECTRONIC COMMERCE RETAIL INTERNET OTHER TRAVEL SOURCE: Expedia Group, Inc. Copyright Business Wire 2024. PUB: 12/19/2024 04:10 PM/DISC: 12/19/2024 04:10 PM http://www.businesswire.com/news/home/20241219878769/en
PNC Financial Services Group Inc. reduced its holdings in shares of MercadoLibre, Inc. ( NASDAQ:MELI – Free Report ) by 4.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,502 shares of the company’s stock after selling 334 shares during the quarter. PNC Financial Services Group Inc.’s holdings in MercadoLibre were worth $13,342,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James & Associates increased its stake in shares of MercadoLibre by 4.8% during the 2nd quarter. Raymond James & Associates now owns 34,840 shares of the company’s stock worth $57,256,000 after purchasing an additional 1,604 shares in the last quarter. KBC Group NV increased its position in MercadoLibre by 205.5% during the third quarter. KBC Group NV now owns 26,279 shares of the company’s stock worth $53,923,000 after buying an additional 17,677 shares in the last quarter. Caprock Group LLC increased its position in MercadoLibre by 143.7% during the second quarter. Caprock Group LLC now owns 580 shares of the company’s stock worth $955,000 after buying an additional 342 shares in the last quarter. Sarasin & Partners LLP raised its holdings in shares of MercadoLibre by 168.5% in the second quarter. Sarasin & Partners LLP now owns 45,407 shares of the company’s stock worth $74,622,000 after acquiring an additional 28,494 shares during the last quarter. Finally, Parnassus Investments LLC lifted its position in shares of MercadoLibre by 3.0% in the third quarter. Parnassus Investments LLC now owns 14,903 shares of the company’s stock valued at $30,580,000 after acquiring an additional 436 shares in the last quarter. Institutional investors and hedge funds own 87.62% of the company’s stock. MercadoLibre Trading Up 1.9 % NASDAQ MELI opened at $2,005.00 on Friday. The firm has a market capitalization of $101.65 billion, a price-to-earnings ratio of 70.75, a PEG ratio of 1.31 and a beta of 1.61. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.22 and a current ratio of 1.25. MercadoLibre, Inc. has a one year low of $1,324.99 and a one year high of $2,161.73. The company’s 50 day moving average price is $2,025.17 and its 200 day moving average price is $1,855.05. Analyst Upgrades and Downgrades Get Our Latest Stock Analysis on MercadoLibre MercadoLibre Company Profile ( Free Report ) MercadoLibre, Inc operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. Featured Articles Want to see what other hedge funds are holding MELI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MercadoLibre, Inc. ( NASDAQ:MELI – Free Report ). Receive News & Ratings for MercadoLibre Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MercadoLibre and related companies with MarketBeat.com's FREE daily email newsletter .An ode to all things handmade at India International Trade Fair 2024
Cloudflare Announces Date of Investor Day 2025SEATTLE (AP) — The Seattle Seahawks took a bumpy path to sole possession of first place in the NFC West. featured several special teams miscues, including a 99-yard kickoff return for a touchdown by New York. On the flip side, the Seahawks got their second pick-6 in as many weeks and just enough production by Geno Smith and the offense. The Seahawks’ uneven performance was characteristic of a season in which they started 3-0, then lost five of six before winning another three in a row to take command of their underachieving division. Seattle (7-5) leads Arizona by one game, with a matchup against the Cardinals looming next weekend. Zach Charbonnet gave Seattle its first lead of the day on an 8-yard touchdown run with 5:37 to go, and the Seahawks’ defense capped another strong outing with a game-sealing stop on fourth down. After a sack by Leonard Williams gave the Jets a fourth-and-15 at the 34-yard line, Aaron Rodgers threw a desperation pass to Garrett Wilson that fell incomplete, giving Seattle the ball with 33 seconds left. What’s working Williams is on a tear. After losing out on NFC defensive player of the week honors last week to teammate Coby Bryant despite 2 1/2 sacks and four quarterback hits, “Big Cat” had an even better game. Williams finished with two sacks, three tackles for loss, a 92-yard interception return for a touchdown that was the longest pick-6 in NFL history by a defensive lineman, and a blocked extra point. The touchdown was the first of Williams’ career. He became since 1982 with multiple sacks, an interception return for a touchdown and a blocked kick in a game. Maybe this week the league will agree he was the NFC’s best defender. What needs help The special teams could not have been much worse in the first half. The Seahawks fumbled three kickoffs, losing two, and allowed Kene Nwangwu’s 99-yard kickoff return for a TD. Dee Williams fumbled on a kickoff in the first quarter to give New York the ball at the 27-yard line, and four plays later, Rodgers hit Isaiah Davis for a touchdown to give the Jets a 14-0 lead. Laviska Shenault Jr. muffed two kicks and fumbled at the Seattle 38-yard line in the second quarter. Seattle also had an extra point blocked. Stock up Smith led his third game-winning drive of the season and his 11th since he became Seattle’s starting quarterback in 2022. Facing the team that drafted him in 2013, Smith went 20 of 31 for 206 yards and a touchdown. For the first time in five weeks, he was not intercepted. The Seahawks trailed by 14 points on two occasions, but Smith brought Seattle back while avoiding the untimely picks that dogged him recently. He threw a 12-yard touchdown pass to A.J. Barner in the second quarter, and led the Seahawks on a go-ahead nine-play, 71-yard touchdown drive late in the fourth quarter. Stock down Coach Mike Macdonald and his staff have to address the problem with their kick returners, Shenault and Dee Williams. Two lost fumbles and several muffs could have easily cost Seattle the game. Injuries WR DK Metcalf left the game briefly with a knee issue but returned. ... P Michael Dickson was unavailable in the fourth quarter because of back spasms. Key number 38 — The Seahawks decided to go for it on fourth-and-6 at their own 33-yard line with 9:34 left in the game. A primary reason was that Dickson was unavailable to punt because of back spasms. The Jets were flagged for having 12 men on the field after sending a punt returner out, which gave Seattle fourth-and-1 at the 38. The Seahawks got a first down after Jets cornerback Quantez Stiggers was flagged for pass interference on Metcalf, and eight players later, Charbonnet scored to put Seattle ahead. Without going for it on fourth down from their own 38, the Seahawks likely would’ve lost. Up next The Seahawks will seek a season sweep of the Cardinals. ___ AP NFL:
Tetairoa McMillan, one of the best wide receivers in Arizona history, will skip his final year of eligibility and enter the 2025 NFL Draft, he announced on social media on Thursday. Projected as a top-10 draft pick, the 6-foot-5, 212-pound McMillan finished his illustrious career at Arizona with 3,423 receiving yards, breaking the mark set by Bobby Wade (3,351). In three seasons, the Hawaii native also posted the fourth-most catches (213) and third-most touchdowns (26) in school history. "Wildcat Nation, this journey has been everything I dreamed of and more," McMillan wrote on Instagram. "From the moment I committed to the University of Arizona, to every second spent wearing that Arizona jersey ... it's been an absolute honor. "The University of Arizona has provided me with the platform to grow and chase my dreams. ... Thank you from the bottom of my heart. To the best fans in the country, I appreciate you for all of the love and support you have given me these last 3 years. I will always be a Wildcat." In 2024, McMillan totaled 84 grabs (ninth in Division I) for 1,319 yards (third in Division I) and eight touchdowns for the 4-8 Wildcats. He also ranked third in Division I with 109.9 receiving yards per game. McMillan is a finalist for the Biletnikoff Award, given to the most outstanding receiver in college football. --Field Level MediaNone
NoneThe Minister of the Federal Capital Territory (FCT), Nyesom Wike, has openly acknowledged that he masterminded the removal of Uche Secondus as the National Chairman of the Peoples Democratic Party (PDP). Wike stated on Thursday that Secondus wanted his cousin, Tele Ikuru , to be the next Governor of Rivers State against the will of the people and didn’t support the candidacy of Siminalayi Fubara . The FCT Minister said Secondus was removed because of his actions. Naija News reports Wike made the disclosure while speaking at the Ahoada East and Ahoada West PDP end-of-year thanksgiving held in Ochigba, Ahoada East Local Government Area of Rivers State. He also berated former Rivers State Governor, Celestine Omehia , and Governor Fubara over recent comments during the commissioning of projects in Rivers State. Responding to Secondus, who allegedly labelled him an “enemy of the state,” Wike questioned the newfound alliance of the former PDP Chairman with Governor Fubara. “Secondus wanted his cousin, Tele Ikuru, to be governor. He was against Fubara. Today, he claims to be the governor’s friend while calling me an enemy. The records are clear; I removed Secondus as PDP chairman because of his actions, ” Wike said. Reacting to Omehia’s remarks during the project inauguration, Wike said, “I overheard one, Celestine Omehia, saying they should ask me what I have done for Rivers State as Minister. Let me educate him: I am not a minister of Rivers State; I am the Minister of the Federal Capital Territory. “When I was Minister of Education, I brought a Faculty of Law to the University of Port Harcourt, provided grants to Ken Saro-Wiwa Polytechnic, and renovated Federal Government College, Port Harcourt, among others. These are tangible contributions he should focus on, not unfounded allegations.” The former Rivers State Governor also claimed he has done more for the state than any other Governor in the history of the state. “There is no governor in Rivers’ history that has attracted more political appointments than me. By the grace of Mr. President, Rivers State has the highest number of appointees in Tinubu’s government,” Wike declared. He added that most completed projects, including the Ring Road, were initiated during his tenure as governor. “I awarded and paid 50% for the projects being commissioned today. The essence was to ensure continuity, but I’m disappointed to see some projects cancelled,” Wike added.TUCSON, Ariz.--(BUSINESS WIRE)--Dec 19, 2024-- Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation’s largest car wash brand, today announced that it will voluntarily transfer the listing of its common stock from the New York Stock Exchange (“NYSE”) to the Nasdaq Global Select Market (“Nasdaq”) effective December 31, 2024, after market close. The Company expects its common stock to begin trading on Nasdaq upon market open on January 2, 2025, and continue to trade under the ticker symbol "MCW". About Mister Car Wash® | Inspiring People to Shine® Headquartered in Tucson, Arizona, Mister Car Wash, Inc. (NYSE: MCW) operates over 500 locations and has North America's largest car wash subscription program. With a passionate team of professionals, advanced technology, and a commitment to exceptional customer experiences, Mister Car Wash is dedicated to providing a clean, shiny, and dry vehicle every time. The Mister brand is deeply rooted in delivering quality service, fostering friendliness, and demonstrating a genuine commitment to the communities it serves while prioritizing responsible environmental practices and resource management. To learn more visit www.mistercarwash.com . Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding Mister Car Wash’s expectations regarding the timing and benefits of the transfer of its common stock listing to Nasdaq are forward-looking statements. Words including “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “seek,” “should,” or “will” or the negative thereof or other variations thereon or comparable terminology are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking. These forward-looking statements are based on management’s current expectations and beliefs. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements, including, but not limited to those factors discussed under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as such factors may be updated from time to time in its other filings with the SEC accessible on the SEC’s website at www.sec.gov and the Investors Relations section of the Company’s website at www.mistercarwash.com . Any forward-looking statement that the Company makes in this press release speaks only as of the date hereof. Except as required by law, the Company does not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise. View source version on businesswire.com : https://www.businesswire.com/news/home/20241219198292/en/ CONTACT: Investors Edward Plank IR@mistercarwash.com Media media@mistercarwash.com KEYWORD: ARIZONA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: AFTERMARKET RETAIL AUTOMOTIVE OTHER AUTOMOTIVE OTHER RETAIL GENERAL AUTOMOTIVE FLEET MANAGEMENT SOURCE: Mister Car Wash, Inc. Copyright Business Wire 2024. PUB: 12/19/2024 04:05 PM/DISC: 12/19/2024 04:06 PM http://www.businesswire.com/news/home/20241219198292/en