In context: Google does not want to sell off Chrome, which the U.S. government has proposed, so it has countered with its own suggestion about how to remedy its outsized and – according to a recent ruling – illegal domination of the online search market. Google is proposing to modify its agreements with Apple and other partners regarding default search engine settings on new devices. This comes in response to a recent U.S. ruling that found the tech giant unlawfully dominating the online search market. Google's proposal, submitted to U.S. District Judge Amit Mehta in Washington, suggests a more limited approach compared to the government's push for more drastic measures. It aims to address the court's concerns while urging caution against interventions that could potentially stifle innovation, especially in the rapidly evolving field of artificial intelligence and its impact on online services, including search engines. While the company plans to appeal the ruling that it holds an illegal monopoly in online search and related advertising, it suggests that the upcoming "remedies" phase should focus primarily on its distribution agreements. These agreements, which the judge found to give Google a "major, largely unseen advantage over its rivals," have resulted in most U.S. devices coming pre-loaded with Google's search engine. To address this, Google proposes making the agreements non-exclusive, particularly for Android manufacturers, and unbundling the Play Store from Chrome and search for Android phone manufacturers. Additionally, the company suggests allowing browser developers to annually reconsider Google as the default search engine. Notably, Google's proposal does not include ending revenue-sharing agreements, which provide a portion of ad revenue to device and software companies that set Google as the default search engine. These agreements have been crucial for independent browser developers like Mozilla, with Apple reportedly receiving an estimated $20 billion from its agreement with Google in 2022 alone. The proposal has already faced criticism from competitors. Kamyl Bazbaz, spokesperson for search engine competitor DuckDuckGo, argued that Google's suggestions attempt to maintain the status quo and fall short of truly restoring competition in the affected markets. In contrast to Google's more limited approach, the U.S. Department of Justice and a coalition of states are seeking more extensive remedies. These include forcing Google to sell off Chrome and potentially its Android mobile operating system, stopping Google from paying to be the default search engine, ceasing investments in search rivals and query-based AI products, and licensing Google's search results and technology to rivals. Google maintains that the government's proposed remedies are extreme and don't properly reflect the specific conduct found to be illegal by the judge. The company argues that courts have historically discouraged such drastic measures and that remedies should be of the "same type or class" as the violations. Lee-Anne Mulholland, Google's vice president for regulatory affairs, emphasized that the company's proposal would allow competing browsers like Apple's Safari to have the freedom to partner with any search engine they deem best for their users. Google also proposes allowing device makers to preload multiple search engines and not requiring them to include Chrome and Google search if they want to include other Google apps. As the case progresses, Judge Mehta has scheduled a proceeding in April to decide on appropriate measures to address the lack of competition in the industries Google has dominated. This trial will see prosecutors calling witnesses from OpenAI, AI search startup Perplexity, and Microsoft. A final decision is expected by August 2025.Commerce Bank Sells 315 Shares of Stifel Financial Corp. (NYSE:SF)
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome trend for prospective homebuyers during what's typically a less competitive time of the year for the housing market. The rate dropped to 6.6% from 6.69% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.95%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week. The average rate fell to 5.84% from 5.96% last week. A year ago, it averaged 6.38%, Freddie Mac said. The average rate on a 30-year mortgage is now at its lowest level since Oct. 24, when it was at 6.54%. “The combination of mortgage rate declines, firm consumer income growth and a bullish stock market have increased homebuyer demand in recent weeks," said Sam Khater, Freddie Mac’s chief economist. "While the outlook for the housing market is improving, the improvement is limited given that homebuyers continue to face stiff affordability headwinds.” Elevated mortgage rates and rising home prices have kept homeownership out of reach of many would-be homebuyers. U.S. home sales are on track for their worst year since 1995. Mortgage rates are influenced by several factors, including the moves in the yield on U.S. 10-year Treasury bonds, which lenders use as a guide to price home loans. The yield, which was below 3.7% as recently as September, has mostly hovered around 4.2% this month. It was at 4.3% at midday Thursday. The recent decline in rates follows a mostly upward climb since the average rate on a 30-year mortgage slid to a two-year low of 6.08% in late September after the Federal Reserve cut its main interest rate from a two-decade high. While the central bank doesn’t set mortgage rates, its actions and the trajectory of inflation influence the moves in the 10-year Treasury yield. Many economists and traders on Wall Street expect that the Fed will cut its main interest rate again at its policy meeting next week. Home shoppers and homeowners seeking to refinance their existing mortgage to a lower rate are taking advantage of the recent pullback in home-loan borrowing costs. Mortgage applications rose 5.4% last week from a week earlier, the fifth straight increase, according to the Mortgage Bankers Association. Refinance loan applications climbed 27%. “Purchase applications have increased on an annual basis every week except for one over the past three months, a positive sign for the mortgage market to close out this year,” said MBA CEO Bob Broeksmit. With home prices near all-time highs and still rising nationally, albeit more slowly, many prospective homebuyers are likely holding out for mortgage rates to ease further in coming months. But there may not be much relief, given that many housing economists predict the average rate on a 30-year mortgage will remain above 6% next year.Nov. 22 (UPI) -- As news of Donald Trump 's re-election begins to ripple through North Korea 's top echelons, surprise and curiosity are inevitable reactions among its high-ranking officials. How could a former president return to office after being out of power? For those used to the rigid succession of power in North Korea's single-family dynasty , this democratic turn of events would be both puzzling and thought-provoking. In a country where political power is synonymous with the Kim family's rule, the notion that a president could lose an election, regroup, and come back to power seems almost otherworldly.
Washington, Nov 22 (AP) Former Rep. Matt Gaetz said on Friday that he will not be returning to Congress after withdrawing his name from consideration to be attorney general under President-elect Donald Trump amid growing allegations of sexual misconduct. “I'm still going to be in the fight, but it's going to be from a new perch. I do not intend to join the 119th Congress,” Gaetz told conservative commentator Charlie Kirk, adding that he has “some other goals in life that I'm eager to pursue with my wife and my family”. The announcement comes a day after Gaetz, a Florida Republican, stepped aside from the Cabinet nomination process amid growing fallout from federal and House Ethics investigations that cast doubt on his ability to be confirmed as the nation's chief federal law enforcement officer. The 42-year-old has vehemently denied the allegations against him. Gaetz's nomination as attorney general had stunned many career lawyers inside the Justice Department, but reflected Trump's desire to place a loyalist in a department he has marked for retribution following the criminal cases against him. Hours after Gaetz withdrew, Trump nominated Pam Bondi, the former Florida attorney general, who would come to the job with years of legal work under her belt and that other trait Trump prizes above all: loyalty. It's unclear what's next for Gaetz, who is no longer a member of the House. He surprised colleagues by resigning from Congress the same day that Trump nominated him for attorney general. Some speculated he could still be sworn into office for another two-year term on January 3, given that he had just won reelection earlier this month. But Gaetz, who has been in state and national politics for 14 years, said he's done with Congress. “I think that eight years is probably enough time in the United States Congress," he said. (AP) PY (This story has not been edited by THE WEEK and is auto-generated from PTI)
Nagpur, Dec 25 (PTI) Maharashtra minister Chandrashekhar Bawankule on Wednesday said the pending elections to local bodies in the state will be held in March-April 2025 if the Supreme Court gives its decision on the OBC reservation in the first week of January. Addressing a press conference here, he said a hearing on the quota for the Other Backward Classes (OBC) is listed in the apex court in the first week of January. "The State Election Commission will conduct the polls and the state government will provide all the support," the Revenue Minister said. The five-year term of most of the municipal corporations, including the Brihanmumbai Municipal Corporation (BMC), and other local bodies in the state expired in 2022. In December 2021, the Supreme Court had ruled that reservation for OBCs in local bodies will not be allowed unless the government fulfils the triple test laid down in the apex court's 2010 order. It had ruled that until the triple test criteria is fulfilled, the OBC seats will be re-notified as general category seats. The triple test required the state government to set up a dedicated commission to gather data on the backwardness of OBCs in every local body, to specify the proportion of reservation in each local body in light of commission’s recommendations, and ensure that such reservation does not exceed 50 per cent of the total seats reserved for SC/ST/OBC together. Bawankule further said there were complaints that several properties owned by private charitable trusts and educational institutions were forcibly taken over by the Waqf Board in Maharashtra. "Once the Waqf (Amendment) Bill is cleared by Parliament, it will be implemented in Maharashtra. If there are any wrongdoings, they will be rectified," he said. The Maharashtra BJP chief said that under the Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas (SVAMITVA), the process to conduct a drone survey of villages began in 2021 to provide e-property cards to farmers for ownership of their land in rural areas. The e-property cards in 15,327 of the 30,515 villages are ready and will be distributed soon, he said. (This story has not been edited by THE WEEK and is auto-generated from PTI)Panthers TE Ja'Tavion Sanders carted off field for neck injury
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The Harrier EV is slated for launch before the end of this fiscal year, marking a significant addition to Tata’s electric vehicle lineup Tata Motors confirmed a while ago that the Harrier EV will be launched in India before the current financial year ends. Meanwhile, the Sierra EV and the Avinya are slated for release in the following fiscal year, although their exact launch timelines remain under wraps. It is expected that the internal combustion engine version of the Sierra will debut shortly after the electric variant’s introduction. The Sierra ICE could make its debut as early as H2 2025. Tata might adopt a strategy similar to the Curvv lineup where the EV version hit the market first, followed by the ICE variant. While official specifications remain undisclosed, the Sierra ICE is likely to feature the familiar 2.0L four-cylinder diesel engine that powers the Harrier and Safari. The turbo diesel mill delivers 170 PS of maximum power and 350 Nm of peak torque, mated to either a six-speed manual or a six-speed torque converter automatic transmission. Additionally, Tata Motors might offer the new 1.5L TGDi turbocharged petrol engine as an option. The possibility of a 4×4 configuration cannot be ruled out, adding to the Sierra ICE’s versatility and appeal. Also Read: Updated Tata Tiago & Tigor To Launch At Auto Expo 2025 The next-gen Sierra has been showcased on several occasions with the production version staying true to the concept’s design cues. Meanwhile, the Harrier EV made its conceptual debut at the 2023 Auto Expo, followed by the near-production version’s reveal at the Bharat Mobility Global Expo 2024. The Harrier EV will offer single and dual electric motor configurations, providing a 4WD setup that enhances its off-roading potential. Furthermore, the upcoming zero-emission models will deliver a driving range of over 500 km on a single charge. Strengthening its EV portfolio, Tata Motors entered into a MoU with Jaguar Land Rover in late 2023. This collaboration allows Tata to leverage JLR’s Electrified Modular Architecture platform, encompassing advanced electrical systems, e-drive units, battery technologies, and manufacturing expertise. Also Read: 4 Brand New Electric Cars From Tata Motors – Big Launches Incoming! These resources will play a critical role in shaping Tata’s premium electric vehicle lineup, especially within the Avinya series. The company is also focusing on equipping its upcoming EVs with high-energy-density batteries, aiming to deliver faster charging times and enhanced overall performance.A freshman again, Wharton is learning about procedures
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Millions of Australians grew up by the beach and spent their summers playing in the surf, never knowing deadly critters could be lurking just below the waves. Keep reading to learn all about the world's most dangerous sea creatures, many of whom call the waters around Australia home. DOWNLOAD THE 9NEWS APP : Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the Apple App Store and Google Play . Striped pyjama squid are both venomous and poisonous; their bite contains a potent neurotoxin and their slime is poisonous, which they use as a defense mechanism to deter predators. Despite their names, these toxic little cephalopods are found in the waters around Australia, measure just 8cm in length and are actually not squid at all — they're cuttlefish. It's not yet known whether the slime is harmful to humans but it's probably a good idea to avoid handling or ingesting one anyway. Not only are crown-of-thorns starfish responsible for destroying coral reefs around the world, their venemous spines can also cause humans a world of pain. Growing up to 80 cm in diameter, these huge starfish's spines (which can be up to 4cm long) are covered in dangerous plancitoxins which can cause liver damage. They can also release dangerous saponins compounds when threatened, which destroy red blood cells. Humans stung by these intimidating-looking critters can suffer pain, vomiting, swelling and in rare cases, anaphylactic shock and death. It looks like something you'd find in an Aussie backyard but the bristleworm is actually a venomous sea creature. These little worms are covered in stiff, often venomous bristles which can break off easily when bumped or handled by humans. The venomous species, like the fireworm, can cause rashes, itching, burning pain, and swelling for several days after initial contact. It may not look like an animal but fire coral is actually a collection of colonial marine organisms. They vary in size, shape and colour but all are made up of hard skeletons packed with tiny pores which allow them to stretch stinging tentacles out into the water. Even the slightest brush against fire coral can leave humans in intense pain for days on end. This is because of the fire coral's venom, which can also cause side-effects like skin irritation, stinging or burning pain, redness, fever, and hives. Thankfully the sting is nonlethal to humans. They may be beautiful but lionfish are actually one of the more dangerous fish in the sea. Their tall dorsal spines aren't just for display — they're actually full of potent venom that can cause nausea, breathing difficulties and even paralysis in humans. Fortunately deaths from lionfish stings are very rare and usually only occur when the victim already had other existing medical issues. Sea snakes don't go after humans often but that doesn't mean these ocean predators aren't dangerous. There are more than 70 species of sea snakes in the world, most of which are venomous, including this beaked sea snake which is loaded with venom even more potent than that of a cobra. Symptoms after a bite include headache, a thick-feeling tongue, thirst, sweating, and vomiting. Thankfully, most sea snakes rarely inject their venom when biting so human attacks and fatalities are rare. These killers hide in plain sight in reefs and shallow waters around Australia, though most beach-goers wouldn't notice them until it's too late. Stonefish are very ugly, very venomous creatures that use their expert camouflage to blend into the seafloor and coral so they can catch prey unaware. Unfortunately, they can also catch humans unaware with their sharp dorsal spines that are loaded with venom that only releases under pressure. Say, for example, when a human foot lands on them. Dozens of stonefish stings are recorded in Australia every year, however very few deaths have occurred since an antivenom was developed. Most scholars agree that blue-ringed octopuses have killed at least 11 people, though the true number could be as low as seven or as high as 16. Despite being tiny and fragile-looking, these Australian sea creatures carry enough venom to kill 26 adult humans within minutes. The venom produced in their salivary glands can cause nausea, respiratory arrest, heart failure, severe and sometimes total paralysis, blindness, and even death within minutes of a bite. The worst part is that the bite itself is often painless, so victims may not realise they've been bitten until paralysis begins. It looks like a pretty sea shell but picking this up off the ocean floor could land you in hospital. Cone snails are equipped with venom-filled modified teeth that work like harpoons, shooting out of their shells to paralyse prey with a single jab. Usually they feed on small fish, invertebrates and other cone snails but geography cone snails, which can grow up to 15cm long, are also dangerous to humans. Their venom is packed with an estimated 10,000 active compounds and can cause respiratory paralysis resulting in death. According to a 2016 study, they've killed about 15 people in the last 30 years. It's time for the sharks, starting with bull sharks. Credited with almost 120 known attacks on humans and at least 26 fatalities, bull sharks don't hunt people but encounters can be deadly. They are considered particularly dangerous due to their aggressive natures and ability to survive in both saltwater and freshwater environments. They've been found in rivers and creeks around Australia as well as in our ocean waters and tend to lurk in shallow waters, which increases the risk of run-ins with humans. Tiger sharks have killed about 40 people and are known to have attacked at least 140 humans. These sharks are territorial, aggressive and known to bite into just about anything, including people in some unfortunate circumstances. They often dwell near shallow reefs and in river mouths, bringing them closer to humans than shark species that stick to the open oceans. Though they're fearsome, tiger sharks don't hunt humans on purpose and only a few attacks are recorded each year. With over 350 known attacks and about 60 fatalities on record, the great white shark has long been considered one of the deadliest creatures in the ocean. These huge sea predators can grow to over six metres long and have mouths packed with serrated teeth, but they don't target human prey on purpose. In fact, many attacks on surfers over the years have been put down to cases of mistaken identity, as a human on a surfboard can appear like a seal to a great white shark swimming in the depths below. Even so, these intimidating sharks are best avoided. It's about the size of a fingernail and far less visually intimidating than the sharks and sea snakes on this list, but the most deadly creature in the sea is widely believed to be the box jellyfish. Box jellyfish are estimated to have caused at least 69 deaths since record keeping began in 1883 and one of the most well-known species is the Irukandji, which lives in the waters off Australia's north east. These tiny critters are among the most venomous jellyfish in the world, can cause fatal brain hemorrhages, and send between 50 and 100 people to the hospital every year.In the blockchain economy, things are continuously evolving, with disruptive technologies and exciting new tokens changing the ground. One of the projects generating much excitement is Lightchain AI (LCAI) , and LCAI has already launched its eagerly anticipated Lightchain AI Presale—an open donation offering as a significant fundraising opportunity for early adopters. Unlike most speculative coins, Lightchain AI is a combination of artificial intelligence (AI) and blockchain, aiming at useful applications and scalable solutions. The next generation of innovation of blockchain, Lightchain AI, has also some peculiarities with an ambitious roadmap towards the future of blockchain. Innovative Technology Driving Investor Interest What distinguishes Lightchain AI is that it can seamlessly integrate AI tasks into the blockchain environment. With its Artificial Intelligence Virtual Machine (AIVM) Lightchain AI lets builders create decentralized apps (dApps) suited for fields like money, health care and transport. One of the main parts drawing good investors is the site’s Proof of Smarts (PoS) way of agreeing, which swaps usually digging with smart help from computers. This makes sure that the network stays safe while adding to helpful jobs like model teaching, data fixing, and ͏guessing trends. This way of using new ideas makes Lightchain AI a strong pick for backers wanting to support plans with lasting growth chances and real worth. Strong Roadmap for Growth The Lightchain AI development roadmap is characterized by a sequence of key stages for driving not only technological progress but also ecosystem expansion. Thereafter, following an initial stage of prototype development in November 2024, the project will concentrate on the development and testing of key components such as the Proof of Intelligence (PoI) consensus protocol and the Artificial Intelligence Virtual Machine (AIVM), while simultaneously providing access to an early adopter developer portal to encourage early participation. By January 2025, the LIGHTCHAIN Testnet will enable testing of on-the-ground applications, including, but not restricted to, token staking and AI-related tasks. March 2025 mainnet launch will include PoI and AIVM and offer scalability and decentralization. The next several months, however, will be dedicated to the creation of ecosystems with government grants tax incentives, and industry partnerships, to create global adoption, open-source partnerships, and breakthroughs that can foster sustainability. Enabled through continued monthly updates from November 2025, iterative refinement will guarantee the applicability of relevant adaptation to user needs at the same time evolving the blockchain technology. Multi-Industry Applications Set Lightchain AI Apart Lightchain AI (LCAI) is a stand-alone solution with adaptableness, a multi-industry approach, and the best use of its proprietary AI and blockchain combined architecture. LCAI allows decentralized applications (dApps) provided by the platform, to address industry-long challenges. By utilizing the Proof of Intelligence (PoI) consensus mechanism, LCAI rewards valuable AI computations, fostering sustainable network growth while enhancing the scalability of AI solutions. In addition, the Artificial Intelligence Virtual Machine (AIVM) provides secure, high-performance AI workload delivery, which enables real-time data analysis in a variety of application areas. Lightchain AI's emphasis on direct application to practical real-world problems - like predictive analytics in finance, AI-based diagnosis in healthcare, as well as optimized supply chains in logistics - makes itself a recognized leader in the intersection of AI and blockchain technology. Its broad applicability makes the fact that the technology is available in the form of LCAI interesting for developers and investors looking at long-term development. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.Sirkka joins the executive team to elevate recruitment strategies and advance growth in travel nursing and healthcare staffing nationwide OMAHA, Neb., Dec. 3, 2024 /PRNewswire/ -- Medical Solutions , a leader in healthcare staffing and talent innovation, has appointed Kerry Sirkka as Chief Recruitment Officer to spearhead transformative recruitment strategies and drive growth. She has more than 20 years of experience as a seasoned, award-winning healthcare executive with a proven track record in expansion, progress, and operational transformation across healthcare staffing and technology sectors. Sirkka has deep experience in travel, local, per diem, locums, and digital staffing. She has held key roles, foundationally spending nearly two decades leading recruitment operations at AMN Healthcare and taking on key transformational initiatives. She later moved to Head of Caregiver Experience at TheKey, where she drove operational efficiencies across 100 locations, and most recently, to Chief Delivery Officer at IntelyCare, where she managed operations and services to grow the company's healthcare platform. "We're happy to welcome Kerry to our team," said Rebecca Rogers Tijerino, CEO of Medical Solutions . "She brings extensive expertise in recruitment strategy and a proven ability to drive innovation. Her success in building high-performing teams and fostering growth will play a key role in connecting top clinicians with healthcare systems and advancing patient care nationwide." Her professional accomplishments extend beyond the workplace. She is an active member of the American Staffing Association, the American College of Healthcare Executives, and other influential organizations. Her accolades include multiple President's Forum Awards for exceptional performance and nominations for the Top 100 Most Powerful Women in Staffing and The American Staffing Association Volunteer of the Year. "I'm excited to join Medical Solutions and contribute to its mission of connecting healthcare facilities with exceptional talent," said Sirkka. "I look forward to working with this talented team to create solutions that meet the changing needs of clients and clinicians." Sirkka's appointment underscores Medical Solutions' dedication to leading the healthcare staffing industry by delivering comprehensive solutions that empower clinicians and support healthcare systems nationwide. ABOUT MEDICAL SOLUTIONS Medical Solutions is one of the nation's largest healthcare talent ecosystems — connecting nurses, allied health clinicians, and clinical leaders with healthcare facilities across the U.S. Its service offerings include contingent staffing, managed services, strike staffing, local contract, PRN, and domestic and international direct hire. For more information, visit www.medicalsolutions.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/kerry-sirkka-joins-medical-solutions-as-chief-recruitment-officer-302321558.html SOURCE Medical Solutions LLCHow Trump's return puzzles North Korea's elite
FARGO, N.D. (AP) — Cam Miller threw three touchdown passes, ran for another and second-seeded North Dakota State blew past a 14-point deficit to beat 15th-seeded Abilene Christian 51-31 on Saturday in the second round of the FCS playoffs. The Bison (11-2), in the FCS playoffs for a 15th straight season and winner of nine FCS titles, will host seventh-seeded Mercer in the quarterfinals. Abilene Christian (9-5) took a 17-3 lead on a 13-yard TD pass from Maverick McIvor to J.J. Henry, a 90-yard run by Sam Hicks and a Ritse Vaes 29-yard field goal early in the second quarter. The Bison then took over, starting with Jackson Williams' 100-yard kickoff return to start a run of 31 consecutive points, 17 coming in the second quarter for a 20-17 halftime lead. The scoring streak ended when Nehemiah Martinez’s 53-yard return helped set up Hicks’ 3-yard score to get the Wildcats within 34-24. But the Bison matched that TD on their ensuing drive on Miller’s 36-yard connection with Bryce Lance to cap their 21-point third quarter. Again, the Wildcats got within 10 early in the fourth quarter on Rovaughn Banks Jr.’s 2-yard TD run. But NDSU’s Marcus Gulley returned an interception 37 yards to the ACU 9 and the Crosa kicked a field goal and Logan Kopp followed with a 31-yard pick-6. Miller was 20 of 29 for 274 yards passing. McIvor threw for 153 yards, a touchdown and two interceptions. Hicks ran for 153 yards on 16 carries. ACU, champion of the United Athletic Conference, was in its first FCS playoffs since joining the classification in 2013, and beat Northern Arizona in its first-round game. Crosa has made his 262nd career PAT to pass NDSU's Cam Pederson (2015-18) and set an FCS record. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25
Geode Capital Management LLC increased its stake in shares of Malibu Boats, Inc. ( NASDAQ:MBUU – Free Report ) by 8.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 576,070 shares of the company’s stock after purchasing an additional 43,769 shares during the quarter. Geode Capital Management LLC owned approximately 2.92% of Malibu Boats worth $22,361,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors have also recently added to or reduced their stakes in MBUU. Pzena Investment Management LLC lifted its stake in shares of Malibu Boats by 5.2% during the 3rd quarter. Pzena Investment Management LLC now owns 1,555,331 shares of the company’s stock worth $60,362,000 after purchasing an additional 77,015 shares during the period. Wellington Management Group LLP increased its stake in Malibu Boats by 154.8% in the third quarter. Wellington Management Group LLP now owns 1,476,976 shares of the company’s stock valued at $57,321,000 after purchasing an additional 897,387 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Malibu Boats by 10.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,131,877 shares of the company’s stock valued at $39,661,000 after purchasing an additional 111,699 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Malibu Boats by 94.4% during the second quarter. The Manufacturers Life Insurance Company now owns 843,605 shares of the company’s stock worth $29,560,000 after buying an additional 409,574 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in Malibu Boats by 1,267.7% in the 3rd quarter. Janus Henderson Group PLC now owns 238,576 shares of the company’s stock worth $9,259,000 after buying an additional 221,133 shares during the last quarter. Institutional investors and hedge funds own 91.35% of the company’s stock. Analyst Upgrades and Downgrades MBUU has been the subject of a number of research analyst reports. StockNews.com raised shares of Malibu Boats to a “sell” rating in a research note on Saturday, November 2nd. DA Davidson lowered shares of Malibu Boats from a “buy” rating to a “neutral” rating and set a $45.00 price target for the company. in a research report on Friday, November 1st. KeyCorp lifted their price target on shares of Malibu Boats from $38.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, November 1st. Benchmark restated a “buy” rating and set a $44.00 price objective on shares of Malibu Boats in a report on Friday, November 1st. Finally, Truist Financial lifted their target price on Malibu Boats from $32.00 to $42.00 and gave the company a “hold” rating in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $44.57. Malibu Boats Stock Performance NASDAQ:MBUU opened at $36.59 on Friday. The firm’s fifty day simple moving average is $41.89 and its 200 day simple moving average is $38.44. The company has a current ratio of 1.55, a quick ratio of 0.52 and a debt-to-equity ratio of 0.05. Malibu Boats, Inc. has a twelve month low of $30.20 and a twelve month high of $55.70. The firm has a market capitalization of $721.37 million, a price-to-earnings ratio of -9.19 and a beta of 1.30. Malibu Boats ( NASDAQ:MBUU – Get Free Report ) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.16. Malibu Boats had a positive return on equity of 2.39% and a negative net margin of 10.90%. The company had revenue of $171.60 million for the quarter, compared to analysts’ expectations of $165.33 million. During the same quarter in the previous year, the firm posted $1.07 earnings per share. The firm’s quarterly revenue was down 32.9% on a year-over-year basis. As a group, equities research analysts expect that Malibu Boats, Inc. will post 2.01 earnings per share for the current fiscal year. Malibu Boats Profile ( Free Report ) Malibu Boats, Inc designs, engineers, manufactures, markets, and sells a range of recreational powerboats. It operates through three segments: Malibu, Saltwater Fishing, and Cobalt. The company provides performance sport boats, and sterndrive and outboard boats under the Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes, and Cobalt brands. Featured Stories Five stocks we like better than Malibu Boats The Risks of Owning Bonds S&P 500 ETFs: Expense Ratios That Can Boost Your Long-Term Gains What is the Euro STOXX 50 Index? How AI Implementation Could Help MongoDB Roar Back in 2025 What is a buyback in stocks? A comprehensive guide for investors Hedge Funds Boost Oil Positions: Is a Major Rally on the Horizon? Receive News & Ratings for Malibu Boats Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Malibu Boats and related companies with MarketBeat.com's FREE daily email newsletter .NonePakistan Muslim League-Nawaz (PML-N) senior leader Senator Talal Chaudhry has responded to Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari’s remarks on the alliance between the two parties. Speaking to a private TV channel, Chaudhry said the PML-N remains committed to strengthening its coalition partnership with the PPP, describing it as essential for promoting democracy and political stability. “The current government, under Prime Minister Shehbaz Sharif’s leadership, has successfully steered the nation out of economic and political crises,” Chaudhry stated. Acknowledging PPP’s concerns, Chaudhry assured that all coalition issues would be resolved through mutual consultation, reiterating that both parties share a legacy of pivotal contributions to democratic progress. COMMENTS Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see ourBarclays PLC decreased its holdings in Redwood Trust, Inc. ( NYSE:RWT – Free Report ) by 79.7% in the third quarter, Holdings Channel reports. The firm owned 218,900 shares of the real estate investment trust’s stock after selling 861,811 shares during the period. Barclays PLC’s holdings in Redwood Trust were worth $1,692,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RWT. Wellington Management Group LLP boosted its stake in Redwood Trust by 6.9% in the 3rd quarter. Wellington Management Group LLP now owns 14,611,264 shares of the real estate investment trust’s stock worth $112,945,000 after purchasing an additional 941,223 shares in the last quarter. State Street Corp grew its stake in shares of Redwood Trust by 2.0% during the 3rd quarter. State Street Corp now owns 5,189,667 shares of the real estate investment trust’s stock worth $40,116,000 after purchasing an additional 102,274 shares during the period. Systematic Financial Management LP purchased a new position in Redwood Trust in the third quarter valued at $1,217,000. NFC Investments LLC boosted its position in Redwood Trust by 127.7% during the third quarter. NFC Investments LLC now owns 484,975 shares of the real estate investment trust’s stock worth $3,749,000 after purchasing an additional 271,975 shares in the last quarter. Finally, Verition Fund Management LLC acquired a new stake in Redwood Trust in the third quarter valued at approximately $101,000. 74.34% of the stock is currently owned by hedge funds and other institutional investors. Redwood Trust Price Performance RWT stock opened at $6.57 on Friday. The business has a 50 day moving average price of $7.11 and a 200 day moving average price of $7.17. Redwood Trust, Inc. has a fifty-two week low of $5.45 and a fifty-two week high of $8.15. The company has a quick ratio of 44.36, a current ratio of 44.36 and a debt-to-equity ratio of 14.55. The stock has a market cap of $868.99 million, a price-to-earnings ratio of 11.95 and a beta of 1.57. Redwood Trust Increases Dividend Wall Street Analyst Weigh In Several equities research analysts recently issued reports on the company. Wells Fargo & Company lifted their price objective on Redwood Trust from $7.50 to $8.50 and gave the stock an “equal weight” rating in a report on Friday, September 20th. JMP Securities lifted their price target on shares of Redwood Trust from $8.50 to $9.00 and gave the company a “market outperform” rating in a research report on Friday, October 4th. StockNews.com upgraded Redwood Trust from a “sell” rating to a “hold” rating in a research report on Monday, November 11th. Raymond James raised their target price on Redwood Trust from $8.50 to $9.50 and gave the stock a “strong-buy” rating in a research note on Thursday, September 19th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $7.00 target price (down previously from $8.00) on shares of Redwood Trust in a report on Monday, December 9th. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $8.03. View Our Latest Stock Report on Redwood Trust Redwood Trust Profile ( Free Report ) Redwood Trust, Inc, together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. The Residential Consumer Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. See Also Want to see what other hedge funds are holding RWT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Redwood Trust, Inc. ( NYSE:RWT – Free Report ). 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