Gaetz withdraws as Trump's pick for attorney general, averting confirmation battle in the Senate WASHINGTON (AP) — Matt Gaetz has withdrawn as Donald Trump’s pick for attorney general following scrutiny over a federal sex trafficking investigation. The Florida Republican made the announcement Thursday. Gaetz’s withdrawal is a blow to Trump’s push to install steadfast loyalists in his incoming administration and the first sign that Trump could face resistance from members of his own party. Trump said in a social media post that Gaetz “did not want to be a distraction for the Administration.” Gaetz said “it is clear that my confirmation was unfairly becoming a distraction to the critical work" of the transition team. He added, “There is no time to waste on a needlessly protracted Washington scuffle.” Warrants put Israeli PM and others in a small group of leaders accused of crimes against humanity Arrest warrants issued for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and a Hamas leader put them in a small group of leaders to be accused of crimes against humanity. The International Criminal Court in the Hague issued the warrants Thursday for Netanyahu, his former defense minister, Yoav Gallant, and Mohammed Deif, a Hamas leader Israel claims it killed. The court says Hamas committed murder, rape and torture in the Oct. 7, 2023, attacks that triggered the Israel-Hamas war. The court also says Israel used starvation as a method of warfare and committed murder, persecution and other inhumane acts. Several of Trump's Cabinet picks — and Trump himself — have been accused of sexual misconduct WASHINGTON (AP) — Former congressman Matt Gaetz has withdrawn his name as President-elect Donald Trump's choice for attorney general in the face of sexual misconduct allegations. He's not the only member of Trump’s chosen staff and Cabinet accused of some form of misconduct. Others include: Elon Musk, his choice to help lead a new outside panel seeking to boost government efficiency, Health and Human Services nominee Robert F. Kennedy, Jr., Trump’s choice for defense secretary Pete Hegseth and Linda McMahon, his choice to lead the Department of Education. They all deny the claims. Elon Musk's budget crusade could cause a constitutional clash in Trump's second term WASHINGTON (AP) — Donald Trump has put Elon Musk and Vivek Ramaswamy in charge of finding ways to cut government spending and regulations. It's possible that their efforts will lead to a constitutional clash. This week, Musk and Ramaswamy said they would encourage the Republican president-elect to refuse to spend money allocated by Congress, which would conflict with a 1974 law that's intended to prevent presidents from blocking funds. If Trump takes such a step, it would quickly become one of the most closely watched legal battles of his second administration. Musk and Ramaswamy also aim to dramatically reduce the size of the federal workforce. Death toll in Gaza from Israel-Hamas war passes 44,000, Palestinian officials say DEIR AL-BALAH, Gaza Strip (AP) — Palestinian health officials say the death toll in the Gaza Strip from the 13-month-old war between Israel and Hamas has surpassed 44,000. The Gaza Health Ministry does not distinguish between civilians and combatants in its count, but it has said that more than half of the fatalities are women and children. The Israeli military says it has killed over 17,000 militants, without providing evidence. The war began when Hamas-led militants stormed into southern Israel on Oct. 7, 2023, killing some 1,200 people, mostly civilians, and abducting another 250. Around 100 hostages are still inside Gaza, at least a third of whom are believed to be dead. Most of the rest were released during a cease-fire last year. Putin touts Russia's new missile and delivers a menacing warning to NATO The new ballistic missile fired by Russia struck a military-industrial facility in the central Ukrainian city of Dnipro, but its real mission was delivering a deadly new message to NATO. Hours after Thursday’s strike touched off a debate over whether the Ukrainian plant was hit by an intercontinental ballistic missile, President Vladimir Putin cleared up the mystery in a rare and surprise appearance on Russian television. He described it as a new, intermediate-range ballistic missile that raced to its target at 10 times the speed of sound and couldn't be stopped by modern anti-missile systems. One Western expert said it was the first time that such a missile was used in the war — and perhaps in any conflict. What to know about a storm bringing high winds, heavy rain, snow to California and Pacific Northwest SAN FRANCISCO (AP) — One of the strongest storms on the West Coast in decades knocked out power for thousands of people and unleashed strong winds that toppled trees and left two dead in Washington before making its way through Oregon to Northern California. The storm was dumping heavy snow and record amounts of rain in the region on Thursday. The National Weather Service extended a flood watch into Saturday for areas north of San Francisco. The storm system roared ashore Tuesday and it’s expected to bring moderate to heavy rain through Saturday, increasing the risk of flash flooding and rockslides in some areas. Brazilian police indict former President Bolsonaro and aides over alleged 2022 coup attempt SAO PAULO (AP) — Brazil’s Federal Police have indicted former President Jair Bolsonaro and 36 other people on charges of attempting a coup to keep him in office after his electoral defeat in the 2022 elections. The findings are to be delivered Thursday to Brazil’s Supreme Court, which will refer them to Prosecutor-General Paulo Gonet, who will either formally charge Bolsonaro and put the former president on trial or toss the investigation. The former right-wing president has denied all claims he tried to stay in office after his narrow electoral defeat in 2022 to his rival, leftist President Luiz Inácio Lula da Silva. Bolsonaro has faced a series of legal threats since then. Jussie Smollett’s conviction in 2019 attack on himself is overturned SPRINGFIELD, Ill. (AP) — The Illinois Supreme Court has overturned actor Jussie Smollett’s conviction on charges that he staged a racist and homophobic attack against himself in 2019 and lied to Chicago police. The state’s highest court ruled Thursday on Smollett’s argument that a special prosecutor should not have been allowed to intervene after the local state’s attorney initially dropped charges. The 5-0 decision did not address Smollett's claims of innocence. The Black, gay actor claimed two men assaulted him, spouted slurs and tossed a noose around his neck. Smollett was on the television drama “Empire,” which filmed in Chicago. Testimony at his trial indicated Smollett paid $3,500 to two men to carry out the attack. US towns plunge into debates about fluoride in water NEW YORK (AP) — Fights are cropping up nationwide over fluoride in drinking water. Communities in Florida, Texas, Oregon, Utah, Wyoming and elsewhere have debated the idea in recent months. And several have decided to stop adding it to drinking water. In August, a federal agency for the first time reported that there is a link between high levels of fluoride exposure and lower IQ in kids. And in September, a federal judge ordered the U.S. Environmental Protection Agency to further regulate it in drinking water. The decision to add fluoride to drinking water rests with state and local officials, but advisers to Donald Trump have suggested he would push to remove it.
South Korea lifts president's martial law decree after lawmakers reject military rule SEOUL, South Korea (AP) — The president of South Korea has lifted the martial law he imposed on the country, bending to political pressure after a tense night in which troops surrounded parliament and lawmakers voted to reject military rule. President Yoon Suk Yeol appeared likely to be impeached over his actions. He imposed martial law late Tuesday out of frustration with the opposition. He vowed to eliminate “anti-state” forces as he struggles against opponents who control parliament and that he accuses of sympathizing with communist North Korea. Police and military personnel were seen leaving the grounds of parliament following the bipartisan vote to overrule the president. The declaration was formally lifted around 4:30 a.m. during a Cabinet meeting. Chad Chronister, Donald Trump’s pick to run the DEA, withdraws name from consideration NEW YORK (AP) — Donald Trump’s nominee to run the Drug Enforcement Administration says he's withdrawing his name from consideration. Sheriff Chad Chronister, the top law enforcement officer in Hillsborough County, Florida, made the announcement in a post on X Tuesday evening. He called the nomination “the honor of a lifetime” but said he had concluded he must “back away from the opportunity." He did not explain why. Trump's pick of Chronister for the job, which was subject to Senate confirmation, had drawn backlash from conservatives, including over immigration and law enforcement actions during the COVID-19 pandemic. Joe Biden's pardon of his son Hunter spurs broader discussion on who else should be granted clemency WASHINGTON (AP) — President Joe Biden has ducked questions on his decision to break his word and pardon his son Hunter, ignoring calls for him to explain his reversal as he was making his first presidential trip to Angola. Dismissing shouted questions Tuesday with a laugh, Biden said to the Angolan delegation: “Welcome to America.” The pardon has spurred a broader discussion about what else Biden should be doing with the broad clemency powers of the presidency before he leaves office in January, including whether he should be pardoning President-elect Donald Trump. Biden has largely avoided any interaction with reporters since Trump’s victory a month ago. Trump team signs agreement to allow Justice to conduct background checks on nominees, staff WASHINGTON (AP) — President-elect Donald Trump’s transition team has signed an agreement to allow the Justice Department to conduct background checks on his nominees and appointees after a weeks-long delay. The step lets Trump transition aides and future administration staffers obtain security clearances before Inauguration Day to access classified information about ongoing government programs. It also allows those nominees who are up for Senate confirmation to get the background checks lawmakers want before voting on them. Hamas and Fatah are near an agreement on who will oversee postwar Gaza CAIRO (AP) — Palestinian officials say Fatah and Hamas are closing in on an agreement to appoint a committee of politically independent technocrats to administer the Gaza Strip after the war. It would effectively end Hamas’ rule and could help advance ceasefire talks with Israel. The rival factions have made several failed attempts to reconcile since Hamas seized power in Gaza in 2007. Israel has meanwhile ruled out any postwar role in Gaza for either Hamas or the Western-backed Palestinian Authority, which is dominated by Fatah. China bans exports to US of gallium, germanium, antimony in response to chip sanctions BANGKOK (AP) — China has announced a ban on exports to the United States of gallium, germanium and other key high-tech materials with potential military applications. The Chinese Commerce Ministry announced the move after the Washington expanded its list of Chinese companies subject to export controls on computer chip-making equipment, software and high-bandwidth memory chips. Such chips are needed for advanced applications. Beijing earlier had required exporters to apply for licenses to send strategically important materials such as gallium, germanium and antimony to the U.S. The 140 companies newly included in the U.S. so-called “entity list” subject to export controls are nearly all based in China. Global warming fills New England's rich waters with death traps for endangered sea turtles QUINCY, Mass. (AP) — As global warming fills the plankton-rich waters of New England with death traps for sea turtles, the number of stranded reptiles has multiplied over the last 20 years. That is filling one specialized animal hospital with the endangered creatures. The animals enter areas such as Cape Cod Bay when it is warm. The director of rescue and rehabilitation at the New England Aquarium says that when temperatures inevitably drop, they can’t escape the hooked peninsula to head south. More than 200 cold-stunned young turtles were being treated at a turtle hospital in Quincy, Massachusetts, on Tuesday. Native American students miss school at higher rates. It only got worse during the pandemic SAN CARLOS, Ariz. (AP) — Years after COVID-19 disrupted American schools, nearly every state is still struggling with attendance. But attendance has been worse for Native American and Alaska Native students — a disparity that existed before the pandemic and has since grown, according to data collected by The Associated Press. Out of 34 states with data available for the 2022-2023 school year, half had absenteeism rates for Native students that were at least 9 percentage points higher than the state average. Many schools serving Native students have been working to build stronger connections with families. They must navigate distrust dating back to the U.S. government’s campaign to force Native kids into abusive boarding schools. The year in review: Influential people who died in 2024 O.J. Simpson’s “trial of the century” over the 1994 killings of his ex-wife and her friend bared divisions over race and law enforcement and brought an intersection of sports, crime, entertainment and class that was hard to turn away from. His death in April brought an end to a life that had become defined by scrutiny over the killings. But he was just one of many influential and noteworthy people who died in 2024. Alexei Navalny, who died in prison in February, was a fierce political foe of Russian President Vladimir Putin. And the music industry lost a titan in producer Quincy Jones, who died in November. 2024 in pop culture: In a bruising year, we sought out fantasy, escapism — and cute little animals NEW YORK (AP) — Did you have a “Brat summer” this year? Were you “demure,” and were you “mindful”? Did you enter a celebrity look-alike contest? All these were pop culture trends that emerged in 2024. But most of all, it seemed the theme was escapism. Whether it was the yellow brick road in “Wicked” or the beckoning seas of Oceania in “Moana 2” or adorable fuzzy animals like Moo Deng or even unlikely Olympic heroes making us proud, audiences gravitated to fantasy and feel-good moments.The Manufacturers Life Insurance Company lessened its stake in Five Below, Inc. ( NASDAQ:FIVE – 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 firm owned 43,636 shares of the specialty retailer’s stock after selling 3,876 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.08% of Five Below worth $3,855,000 at the end of the most recent quarter. A number of other hedge funds have also added to or reduced their stakes in FIVE. Point72 Asset Management L.P. grew its holdings in shares of Five Below by 556.2% in the second quarter. Point72 Asset Management L.P. now owns 908,425 shares of the specialty retailer’s stock worth $98,991,000 after acquiring an additional 769,980 shares during the period. Marshall Wace LLP grew its stake in shares of Five Below by 51.9% during the 2nd quarter. Marshall Wace LLP now owns 605,703 shares of the specialty retailer’s stock valued at $66,003,000 after purchasing an additional 207,083 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Five Below by 41.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 614,288 shares of the specialty retailer’s stock valued at $54,272,000 after purchasing an additional 180,902 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Five Below by 39.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 596,763 shares of the specialty retailer’s stock valued at $65,034,000 after purchasing an additional 167,330 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Five Below by 318,361.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 108,277 shares of the specialty retailer’s stock worth $9,566,000 after purchasing an additional 108,243 shares during the period. Five Below Price Performance NASDAQ FIVE opened at $112.73 on Friday. The stock has a market capitalization of $6.20 billion, a PE ratio of 23.24, a P/E/G ratio of 1.16 and a beta of 1.18. Five Below, Inc. has a 1-year low of $64.87 and a 1-year high of $216.18. The business has a 50 day simple moving average of $91.79 and a two-hundred day simple moving average of $94.37. Analyst Upgrades and Downgrades Several research analysts have weighed in on FIVE shares. UBS Group decreased their price target on shares of Five Below from $120.00 to $108.00 and set a “buy” rating on the stock in a research report on Wednesday, August 21st. Evercore ISI lifted their target price on Five Below from $100.00 to $104.00 and gave the company an “in-line” rating in a research report on Tuesday, October 22nd. Citigroup upped their price target on Five Below from $85.00 to $96.00 and gave the stock a “neutral” rating in a research report on Monday, December 2nd. Loop Capital lifted their price objective on Five Below from $90.00 to $120.00 and gave the company a “hold” rating in a research report on Thursday. Finally, The Goldman Sachs Group increased their target price on shares of Five Below from $106.00 to $122.00 and gave the stock a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $116.15. Check Out Our Latest Stock Report on Five Below About Five Below ( Free Report ) Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options. Further Reading Five stocks we like better than Five Below Learn Technical Analysis Skills to Master the Stock Market Fast-Growing Companies That Are Still Undervalued The Role Economic Reports Play in a Successful Investment Strategy Top Cybersecurity Stock Picks for 2025 Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed Archer or Joby: Which Aviation Company Might Rise Fastest? Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter .
Industry Significance: Traditional storage solutions, particularly those relying on hard disk drives (HDDs), struggle to meet the demands of hyperscale environments due to their limited speed, scalability, reliability, and excessive power consumption. HDDs are ill-equipped to handle the massive, fast-growing volumes of data generated in these environments without introducing latency and bandwidth limitations, and are difficult to scale and integrate seamlessly into modern data centers. To eliminate these obstacles, the latest collaboration between Pure Storage and Kioxia will deliver a data storage platform engineered from the ground up to tackle the needs of hyperscale environments, allowing for rapid scale while lowering power consumption and reducing the overall physical footprint of hyperscale data centers. News Highlights: With the combination of Pure Storage's advanced data storage platform with Kioxia's industry-leading QLC flash memory, hyperscalers can now keep pace with growing data demands without sacrificing performance. Benefits include: Increased Performance: Ultra-fast, low-latency performance for handling massive, data-intensive workloads, while enabling greater reliability to keep pace with rapidly growing customer demands. Improved Cost Efficiency: Optimized storage costs and lower overall total cost of ownership (TCO) by reducing the need for extensive physical resources, while offering better scalability. Lower Power and Waste: Reduced energy consumption significantly compared to traditional HDDs, lowering operational costs, leading to a smaller overall physical footprint, cutting hardware waste and supporting more sustainable data center operations. Executive Insight: "Collaborating with Kioxia allows Pure Storage to bring the full potential of all-flash storage technology to hyperscale environments. Pure has a decade of experience in delivering systems that manage flash for enterprise businesses. Now we're using those innovations, and Kioxia's latest technology, to enable the hyperscalers. Together, we're creating a solution that will empower these organizations to manage their data seamlessly, with speed and efficiency at the core." – Bill Cerreta , GM, Hyperscale, Pure Storage "Our collaboration with Pure Storage marks an exciting milestone in the evolution of hyperscale storage. As data volumes continue to explode, we're committed to delivering a solution that combines high performance with lower operational costs. All-flash technology is the future of storage, and through this collaboration, we are driving the innovation needed to address the complexities of today's hyperscale environments." - Caesar Ichimura , Chief Marketing Officer, Kioxia Corporation About Pure Storage Pure Storage (NYSE: PSTG) delivers the industry's most advanced data storage platform to store, manage, and protect the world's data at any scale. With Pure Storage, organizations have ultimate simplicity and flexibility, saving time, money, and energy. From AI to archive, Pure Storage delivers a cloud experience with one unified Storage as-a-Service platform across on premises, cloud, and hosted environments. Our platform is built on our Evergreen architecture that evolves with your business – always getting newer and better with zero planned downtime, guaranteed. Our customers are actively increasing their capacity and processing power while significantly reducing their carbon and energy footprint. It's easy to fall in love with Pure Storage, as evidenced by the highest Net Promoter Score in the industry. For more information, visit www.purestorage.com . Pure Storage, the Pure Storage P Logo, and the marks in the Pure Storage Trademark List are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries. The Trademark List can be found at purestorage.com/trademarks . Other names may be trademarks of their respective owners. Analyst Recognition A Leader in the 2024 Gartner Magic Quadrant for Primary Storage A Leader in the 2024 Gartner Magic Quadrant for File and Object Storage Platforms Connect with Pure Blog LinkedIn X Facebook View original content to download multimedia: https://www.prnewswire.com/news-releases/pure-storage-and-kioxia-collaborate-to-drive-scalability-efficiency-and-performance-in-hyperscale-data-centers-302321513.html SOURCE Pure Storage
NASSAU, Bahamas (AP) — Alyssa Ustby and Lexi Donarski scored 14 points apiece, and Ustby added 14 rebounds to lead No. 16 North Carolina to a 53-36 victory over Villanova in a semifinal game at the Women's Battle 4 Atlantis on Sunday. The Tar Heels (5-1) play Indiana in the championship game on Monday. The Hoosiers upset No. 18 Baylor 73-65 in Sunday's first semifinal. Ustby made 6 of 8 shots from the floor with a 3-pointer for North Carolina on the way to her first double-double of the season. Donarski hit 6 of 10 shots with a pair of 3-pointers. Maddie Webber led the Wildcats (4-2) with 12 points on 4-for-7 shooting from beyond the arc. Lara Edmanson pitched in with 11 points and seven rebounds. The Tar Heels held Villonova's leading scorer Jasmine Bascoe to two points after she came in averaging 16.6 per game. Bascoe missed all seven of her shots — three from distance — and made 2 of 4 at the free-throw line. Ustby had seven points and Donarski scored five to guide the Tar Heels to a 17-7 lead after one quarter. Donarski scored five more in the third quarter to help North Carolina turn a 30-18 lead at halftime into a 44-23 advantage heading to the final period. North Carolina shot 40% from the floor, made 5 of 17 from beyond the arc (29.4%) and 4 of 6 at the foul line. Villanova shot 23.5% overall but made 5 of 18 from distance (27.8%) and 7 of 10 free throws. The Tar Heels scored 15 points off of 21 Villanova turnovers. They turned it over 14 times but it led to only three points for the Wildcats. North Carolina outscored Villanova 30-14 in the paint and never trailed. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP women’s college basketball: https://apnews.com/hub/ap-top-25-womens-college-basketball-poll and https://apnews.com/hub/womens-college-basketball
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PDA Terminal Market 2024: A Decade of Phenomenal Growth Ahead 12-13-2024 07:26 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Prudent Markets PDA Terminal Market The PDA Terminal Market 2024-2023 report provides a comprehensive analysis of Types (PDA Barcode Scanner, PDA RFID Reader), Application (Retail and Wholesale, Logistics and Warehousing, Industrial Manufacturing, Healthcare, Government, Others), Analysis of Industry Trends, Growth, and Opportunities, R&D landscape, Data security and privacy concerns Risk Analysis, Pipeline Products, Assumptions, Research Timelines, Secondary Research and Primary Research, Key Insights from Industry Experts, Regional Outlook and Forecast, 2024-2032. Major Players of PDA Terminal Market are: Zebra, Honeywell, Bluebird, Urovo Technology, Datalogic, Newland, CASIO, Denso Wave, Panasonic, Seuic, Shenzhen Chainway, iData, Handheld Group, Supoin, Keyence, Cipherlab Get PDF Sample Report Now! @ https://www.prudentmarkets.com/sample-request/9165241/ Apersonal digital assistant(PDA), also known as a handheld PC, is a variety mobile device which functions as a personal information manager. This report provides a deep insight into the global PDA Terminal market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. 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Speak To Our Analyst For A Discussion On The Above Findings, And Ask For A Discount On The Report @ https://www.prudentmarkets.com/discount-request/9165241/ Key Benefits of the Report: This study presents the analytical depiction of the PDA Terminal Industry along with the current trends and future estimations to determine the imminent investment pockets. The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the PDA Terminal Market share. The current market is quantitatively analyzed from to highlight the Global Gardening Pots Market growth scenario. Porter's five forces analysis illustrates the potency of buyers & suppliers in the market. The report provides a detailed PDA Terminal Market analysis based on competitive intensity and how the competition will take shape in coming years. 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You can also get in touch with our executives on +91 83560 50278 || USA/Canada(Toll Free): 1800-601-6071 to share your research requirements. In conclusion, the PDA Terminal Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report. Contact Us: Allan Carter Andheri, Maharashtra, 400102 USA/Canada(Toll Free): 1800-601-6071 Direct Line: +91 83560 50278 Mail: sales@prudentmarkets.com Web: www.prudentmarkets.com About Us: We are leaders in market analytics, business research, and consulting services for Fortune 500 companies, start-ups, financial & government institutions. Since we understand the criticality of data and insights, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. To be at our client's disposal whenever they need help on market research and consulting services. We also aim to be their business partners when it comes to making critical business decisions around new market entry, M&A, competitive Intelligence and strategy. This release was published on openPR.Where do Black women fall in America's political hierarchy? Trump's win shakes their roleThe (ASX: XJO) stock ( ) has just received a major vote of confidence from its current CEO through a . It can be a pleasing sign when a member of a leadership team buys their company's shares on the market. This suggests that the person believes in the business's long-term potential and is attracted to the valuation. Despite Lovisa CEO Victor Herrero intending to in May 2025, he recently invested in some Lovisa shares. He may have seen a buying opportunity with the company following a 22% share price drop from 23 August. Let's look at how much of the ASX 200 stock he decided to buy and at what price. Lovisa today that Victor Herrero has bought another 10,200 Lovisa shares to boost his holdings. He bought the shares at a price of $29.48, bringing the total investment to approximately $300,000. This investment brought his total holding to approximately 3.09 million shares, which is worth just over $90 million. Herrero is financially aligned with the success of the business, meaning when regular Lovisa shareholders succeed, so does Herrero. I think it's a good idea to look at growing businesses where the share price is lower because it suggests investors will get better value with a cheaper . Lovisa is growing its affordable jewellery store network globally, which is supporting sales growth. In its , the company advised that its total sales were up 10% in the first 20 weeks of FY25, and global comparable store sales were up 1% year over year. Lovisa also revealed that it had opened 27 net new stores for the 2025 financial year to date, comprising a mix of 40 new stores and 13 closures. This includes two relating to the conversion of its UAE franchise business to company-owned and two relocations. At the time of the AGM, it had 927 stores across 49 markets, with three new franchise markets opened in the year to date: Ivory Coast, Republic of Congo, and Panama. Compared to November 2023, it had 91 more stores and was operating in nine additional markets. According to the Commsec forecast, the ASX 200 stock is projected to generate 84.9 cents of . This puts the Lovisa share price at 34x FY25's estimated earnings, and it could pay a partially franked of 2.6%. I think now could be a long-term opportunity with the compelling company, though I expect it may see plenty of over the years as a retail business. I've been considering a top-up investment during this period.