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As TCU expands its presence both in size and prominence, Victor Boschini, the chancellor of the university for more than two decades, will step away from his role as head of the university. Boschini, who was previously president of Illinois State University before coming to TCU in 2003, will become chancellor emeritus. “TCU is an incredible place and deserves an incredible leader to take us into the next years of student-centered growth, academic excellence and impact,” Boschini said Dec. 2 in a statement. The TCU Board of Trustees has tapped TCU President Daniel W. Pullin as Boschini’s successor. Pullin, who will begin the new role on June 1, 2025, is uniquely poised to build on TCU’s momentum, Boschini added. “He is an inspiring leader with a big vision, and his unbounded energy makes him a force of nature,” Boschini said. Under Boschini’s helm, the university grew its presence by moving up in the U.S. News & World Report national rankings, more than doubling the number of TCU students enrolled and ushering in a new era of athletic success that culminated in a national football championship berth in 2023. Last year, the university celebrated reaching its $1 billion fundraising goal as part of the “Lead On” campaign — the most significant investment in the university since its founding in 1873. TCU also marked a major milestone when it opened a new medical school campus on West Rosedale Street earlier this year. Get essential daily news for the Fort Worth area. Sign up for insightful, in-depth stories — completely free. But Boschini’s tenure also faced scrutiny, including a summer 2020 meeting where the TCU Faculty Senate considered a vote of no confidence in university leadership over the then-requirement to teach in-person classes, the reduction of employee benefits and the desire for the university to take a stronger stand on racial inequalities on campus. No formal vote was taken, and ultimately faculty had the option to teach remotely in fall 2020. The university launched its Race & Reconciliation Initiative , which has since explored TCU’s relationship with slavery, racism and the Confederacy. Less than a year after the debacle, Boschini said his relationship with faculty members has always been “really good.” Faculty were going through a crisis during the COVID-19 pandemic and needed someone to be mad at, he told the Fort Worth Star-Telegram in 2021. “One thing I’m very proud of; we didn’t release one freakin’ person from TCU,” he said. “Show me a company that didn’t do that around here.” Boschini also alluded to the emotional and physical toll of the job, which “got worse and worse and worse” during the pandemic. He lost sleep — and 15 pounds. At the time, Boschini said his plan was to retire in 2026. Pullin arrived at the university to become the dean of the Neeley School of Business in 2019. He was previously the dean of University of Oklahoma’s business school. Pullin, a graduate of the University of Oklahoma and Harvard Business School, became president of the university in 2023. Discussions about Boschini’s transition began in 2020, and Pullin’s hiring kicked off the succession plan, according to the university. “From the very first moment I stepped onto campus seven years ago, I thought, ‘This place is special,’” Pullin said in a university statement. “As dean of Neeley and now as president, I’ve said that same thing every day. I’ve been inspired by the thoughtful and intelligent students in my classes, by my generous and bright colleagues as we collaborate on projects large and small, and by our community coming together and collaborating on our shared vision for what comes next.” Boschini will still teach, raise money and work on enrollment at the university. In the coming months, Pullin will continue to work closely with Boschini to aid in a seamless transition. The university’s board of trustees is set to ratify the plan to hand the reins to Pullin at its spring 2025 meeting. Both leaders are known for their accessibility and their commitment to the student experience. Pullin can be frequently spotted walking around in his purple Chuck Taylor Converse and talking to students. When TCU’s Facebook page announced Boschini’s stepping away from his role and Pullin taking over, one commenter wrote: “Huuuuge shoes to fill. He bleeds purple, and that is one of the many things we love about him.” Once Pullin becomes chancellor, the position of president will not be replaced, a TCU spokesperson said. Shomial Ahmad is a higher education reporter for the Fort Worth Report, in partnership with Open Campus . Contact her at shomial.ahmad@fortworthreport.org. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here . The Texas Tribune partners with Open Campus on higher education coverage. Your support makes TRIPLE the impact today. Tomorrow is Giving Tuesday ! Don’t miss your chance to triple your impact and support local news. Every gift up to $5,000 will be tripled before 11:59 PM on Dec. 3! Related Fort Worth Report is certified by the Journalism Trust Initiative for adhering to standards for ethical journalism . Republish This Story Republishing is free for noncommercial entities. Commercial entities are prohibited without a licensing agreement. Contact us for details. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License . Look for the "Republish This Story" button underneath each story. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Do not copy stories straight from the front-end of our web-site. You are required to follow the guidelines and use the republication tool when you share our content. The republication tool generates the appropriate html code. You can’t edit our stories, except to reflect relative changes in time, location and editorial style. You can’t sell or syndicate our stories. Any web site our stories appear on must include a contact for your organization. If you use our stories in any other medium — for example, newsletters or other email campaigns — you must make it clear that the stories are from the Fort Worth Report. In all emails, link directly to the story at fortworthreport.org and not to your website. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. You have to credit Fort Worth Report. Please use “Author Name, Fort Worth Report” in the byline. If you’re not able to add the byline, please include a line at the top of the story that reads: “This story was originally published by Fort Worth Report” and include our website, fortworthreport.org . You can’t edit our stories, except to reflect relative changes in time, location and editorial style. Our stories may appear on pages with ads, but not ads specifically sold against our stories. You can’t sell or syndicate our stories. You can only publish select stories individually — not as a collection. Any web site our stories appear on must include a contact for your organization. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. by Shomial Ahmad, Fort Worth Report December 2, 2024
SOLON, Ohio , Nov. 25, 2024 /PRNewswire/ -- Tarkett, a global leader in innovative and sustainable flooring solutions, recently led the renovation of the Niles Township Respite Center near Chicago, Illinois . The initiative was part of the company's charitable giving program, Tarkett Cares , which encourages employees to share their time, talents and corporate flooring donations with local communities where the company operates. While planning Design Days 2024, an annual, three-day interior design show in Chicago , the Tarkett team wanted to find a way to contribute to their host city in a new way. "Instead of focusing on one-off customer giveaways, we wanted to invest in something that could create lasting value for the community that hosts our industry each year," said Roxane Spears , vice president of sustainability for Tarkett. Spears contacted Lisa Kaplan , a Chicago -area resident and former commercial flooring professional, who directed her to the Niles Township Respite Center as a place in need. Located in Skokie, Illinois , the Niles Township Respite Center provides relief to residents facing housing and food insecurities. The space offers access to showers, laundry facilities, a clothing closet, food pantry and more. "The Respite Center's efforts to serve community members struggling with housing and food insecurity align perfectly with Tarkett's commitment to social equity and the Tarkett Cares program," Spears said. "While the center operates on a tight budget, it does so much to help so many. If we can support the center's work by providing cleaner, safer spaces for people as they work through challenging circumstances—that's the impact we want to make." With a deep knowledge of how thoughtfully designed interiors and healthy materials can contribute to better indoor air quality and an overall sense of well-being, the team updated the center's flooring with third-party certified products featuring soothing patterns and colors that would help everyone at the center feel more at home and at peace. Tarkett donated new floors (including the costs of labor for installation) for a quiet room, multi-purpose room, entryway and stairs. The team's enthusiasm for the project spread to other local contractors; FloorsMD provided installation services and their president, Michelle DeLuco , served as an onsite coordinator throughout the project. Tarkett's ethos® carpet tile was installed in the quiet room. ethos is Cradle to Cradle Certified® Silver and has a non-PVC backing that can be recycled back into itself. Contour LVT, which can be recycled into auto mats when taken back through Tarkett's ReStart® take-back and recycling program, was installed in the entryway and multi-purpose room. Coordinating Johnsonite® stair treads were also added to enhance safety and durability. After seeing the newly installed floors, DeLuco felt energized and determined to find a way to go a little further. The project scope grew to include a room expansion, ceiling height adjustment, fresh coat of paint and additional carpet tile for four offices that had suffered flood damage. The additional flooring materials and labor were covered by Tarkett and FloorsMD. ECI and its Executive Construction Foundation, Maxxon and Aspen Commercial Painting also contributed to the expanded project scope. The Respite Center was not charged for any portion of the renovation. "The center had such good bones and was already doing tremendous work for the community. It was very heart-pleasing to see what impact we could make with just a little bit of elbow grease and a group of people who cared," DeLuco said. Ruth Orme-Johnson , a social worker for the Respite Center, said the renovations drastically improved the energy of the space. "It was just wonderful to know that we're giving our clients the kind of calm, positive and inviting environment that we really have always wanted to. You can just feel everyone relax a little bit," Orme-Johnson said. "Our new floor, our new space has been such a gift in terms of being welcoming to everybody. It's also helped me feel proud of the work I do. The space allows the people we help believe they're capable and have the agency to take those steps that will have a positive impact on their lives long term." Mike Isaacs , public relations outreach coordinator for Niles Township Government, said the impact of the renovation exceeded everyone's expectations. "It's been really inspiring," he said. "Our gratitude is forevermore, that's for sure." In addition to corporate giving, the global Tarkett Cares program empowers employees to donate two days of volunteer activity each year. Globally, Tarkett employees have volunteered 3,800 days and contributed to over 900 community initiatives between 2017 and 2023. Take a virtual tour of the renovated Niles Township Respite Center. About Tarkett With a 140-year history, Tarkett is a worldwide leader in innovative and durable flooring and sports surface solutions, generating net sales of 3.4 billion euros in 2023. The Group has around 12,000 employees, 23 R&D centres, 8 recycling centres, and 34 production sites. Tarkett designs and manufactures solutions for hospitals, schools, housing, hotels, offices, shops, and sports fields, serving customers in more than 100 countries. To build "The Way to Better Floors", the Group is committed to the circular economy and sustainable development, in line with its Tarkett Human-Conscious Design ® approach. Tarkett is listed on the Euronext-regulated market (compartment B, ISIN: FR0004188670, ticker: TKTT). www.tarkett-group.com Every Step Matters For years, Tarkett has raised the sustainability standards of the flooring industry. The company designs floors with transparency you can trust as it creates healthy impacts on indoor spaces and protects our air, water, soil, and every living thing. Tarkett's ReStart ® take-back and recycling program will either repurpose or recycle every type of flooring from any manufacturer. Its near-term science-based carbon emissions reduction targets have been validated by the Science Based Targets initiative (SBTi) and are fully aligned with the Paris Climate Agreement objective to limit global warming by 1.5 degrees Celsius. For more information, visit commercial.tarkett.com/sustainability . View original content to download multimedia: https://www.prnewswire.com/news-releases/tarkett-leads-effort-to-renovate-chicago-area-respite-center-as-part-of-tarkett-cares-program-302315799.html SOURCE Tarkett USA , Inc.(Reuters) - LightOn plans to expand in Europe and the Middle East, targeting sectors such as banking, defence and high-tech which require their data to be protected on local servers, the French company's co-CEO Laurent Daudet told Reuters. Daudet pointed to banking, insurance, high-tech, defence, and healthcare, as prime targets for its custom AI models from LightOn, which counts Safran and the French Space Command among its customers. Saudi Arabia, the United Arab Emirates and neighbouring countries were among the countries being looked at by LightOn, which made its stock market debut as Europe's first listed genAI company on the Euronext Growth exchange last week. Orange, one of LightOn's partners, told Reuters last week that its customers want a French-trusted AI solution. "Either they have particular governmental regulation restrictions, or they made their own business decision and would rather have the AI models running in an Orange data centre as opposed to a public cloud," said Orange AI Chief Steve Jarrett. While other AI French startups like Mistral, Hugging Face or Dataiku raised funding from U.S. players such as Google, Amazon or Nvidia, LightOn opted to raise capital through a European listing. Expansion beyond France into the Middle East is a key objective, Daudet said in an interview last week, as the region looks towards AI to reduce its reliance on oil revenue. "Being European in this type of geography is interesting, it allows us to be neutral in the war of the giants that the Americans and the Chinese are waging, that can be an interesting position," he added. The challenge facing LightOn, Daudet said, is fierce competition from much larger genAI players such as OpenAI, Anthropic, or Mistral, adding that the company is seeking international distribution partnerships. ($1 = 0.9519 euros) (This story has been refiled to remove the repetition of the word 'insurance' in paragraph 2) (Reporting by Nathan Vifflin and Leo Marchandon; Additional reporting by Gianluca Lo Nostro; Editing by Alexander Smith)
GEORGE WASHINGTON 72, ILLINOIS STATE 64
Many places across the country reported heavy flooding Flooding at Moat Park in Dundonald, Belfast. Photograph by Declan Roughan / Press Eye This was the scene on the Hillhall Road in Lisburn which had been closed to traffic. Photo - Andrew McCarroll/ Pacemaker Press This was the scene on the Hillhall Road in Lisburn which had been closed to traffic this morning Paul Gray of Crosspoint Church A man walking his dog carefully avoids the folded pathway as he walks on the grass along the banks of the Waterworks Swan Lake in north Belfast . Photo: Liam McBurney/RAZORPIX Northern Ireland is beginning to recover from chaotic weather over the weekend. Storm Bert arrived on Saturday causing power cuts, travel disruption and flooding, and a strong winds continued to batter Northern Ireland today. The Department for Infrastructure said it responded to more than 500 incidents since weather alerts were issued on Friday night. Winds of up to 67mph were recorded in Ballypatrick, Co Antrim on Saturday. Roads across counties Tyrone, Down and Antrim were blocked by trees and flood waters on Saturday, and properties were flooded in Dundonald, Kilcoo, Coalisland and Ballinamallard as well a Royal Mail property in Mallusk. The weather is expected to calm down as we head into the new week but many across the country will be dealing with the aftermath of the devastation wreaked by Storm Bert for many weeks to come. This was the scene on the Hillhall Road in Lisburn which had been closed to traffic. Photo - Andrew McCarroll/ Pacemaker Press Homes near Moat Park in Dundonald, Co Down were affected by flooding. Some residents at Park Avenue were trapped in their homes by the floodwater, with around 18 properties damaged. Several homes in Coalisland, Co Tyrone, have also been damaged. A local community centre has been opened for those affected. Their homes are now unoccupied with many residents currently waiting for emergency accommodation. Paul Gray is a Pastor of the Crosspoint Church in Dundonald. He opened the churches doors for residents affected by the flooding. “I got a phone call first thing in the morning telling me that there was flooding and I should go check on the church,” he said. “I went out and the church was fine but you could see the street at Moat Park was flooded. “So I said I would keep the church open for anyone that needed it.” Mr Gray said many residents were trapped inside their homes while the NI Fire and Rescue Service (NIFRS) attempted to find the source of the flooding and pump water away from the homes. “Initially we only had one family come to us because a lot of them were stuck in their homes,” he said. “That must have been very hard for them because the power had been out from the earlier morning and they had to stay upstairs.” Paul Gray of Crosspoint Church As the NIFRS cleared the flooding more families were able to come into the church or see the damage the floods caused to their homes. “It’s awful. I’ve seen videos from people and the water was up to their ankles or knee and everything they have is lost or water damaged,” Mr Gray said. “It clearly done a lot of damage to the homes.” He said the flooding has upset many residents. “It is a very distressing and stressful time for people because everything they have is ruined. “Some of them didn’t have house insurance and everything is gone. “One of the families has a five or six month old little baby and they were very distressed by everything.” Another family displaced by the flooding was an immigrant family who had only been living in Northern Ireland for a short time. “We have an Iranian family and they have only been here three or four months and they lost absolutely everything. They didn’t even have shoes,” Mr Gray said. “Their landlord came and sat with them, him and his partner sat with them for a long time and brought them some things they needed.” He said the local community in Dundonald had come together to support those affected by the flooding. “That is what the community is like here — we always come together. I had people volunteering here, people messaging me asking if we needed anything. “People were bringing down blankets, and cash donations and food. The local chip shop rang us up and said if we needed any food to just ring in and ask and they’d give it to us,” he said. The church quickly became a hub for residents to receive support from locals as well as the Housing Executive. “Not everyone came here. Some people just went and stayed with relatives but everyone that was here the council got them sorted with somewhere to stay for the next two nights before they get emergency accommodation sorted for them,” the pastor added. Mr Gray praised the local council, the Housing Executive and the NIFRS for their fast response to the flooding. “I can honestly say I think the response was flawless. They did everything they could as quickly as they could but it is very hard for the people affected, like they aren’t going to be back into their homes for months,” he said. This was the scene on the Hillhall Road in Lisburn which had been closed to traffic this morning An emergency payment scheme was activated at the weekend by Communities Minister Gordon Lyons, meaning householders who have suffered “severe inconvenience” from flooding can claim a £1,000 payment through their local council. The Met Office said the weather this week is expected to be much calmer than the weekend. It will begin cloudy and windy with some bright spells and scattered heavy showers. However they are not expected to be as strong as the heavy rainfall Storm Bert brought. The wind will ease and the showers gradually clear during Tuesday. This will leave Wednesday and Thursday mainly dry with bright spells and light winds, perhaps with rain later on Thursday. Into next weekend, we could expect to see light rain changing to overcast by lunchtime on Friday which will likely stay for the duration of the weekend. In the Republic, the storm, which landed overnight on Friday, flooded villages and roads, and disrupted travel. Torrential rainfall caused havoc across many rural communities with homes flooded, infrastructure damaged, roads left impassable, festive attractions closed and Christmas shopping interrupted. At its peak, over 60,000 homes and businesses were left without power as Storm Bert battered Ireland with torrential rainfall and high winds. A man walking his dog carefully avoids the folded pathway as he walks on the grass along the banks of the Waterworks Swan Lake in north Belfast . Photo: Liam McBurney/RAZORPIX Almost 50,000 people were successfully reconnected on Saturday evening as repair crews began operations once it was safe to do so. All businesses and householders were expected to be reconnected by last night. Thousands of customers also had water supplies hit by Storm Bert as treatment plants in Banteer, Fermoy and Dunmanway in Cork were impacted by the storm winds and flood waters. More than 100 roads nationwide, mostly rural, were left impassable on Saturday due to the combination of flooding, fallen trees and storm debris. In Co Donegal, Bridge Street in Killybegs was dramatically flooded, with homes and charities impacted, while the River Feale in west Limerick burst its banks. After alerts warning of rain, wind and snow lifted on Saturday, clean-up operations began and power supplies were restored to thousands of homes and businesses. However, the combination of damage to property and infrastructure, allied to the disruption of critical Christmas trade, is expected to see losses run to millions of Euro. Some traders fear they have suffered flood-related damage to much of their critical Christmas stock. Forecasters issued a low-level wind warnings for 13 counties across the island. Forecasters at Met Eireann said gusty winds will create a risk of fallen trees and difficult travelling conditions in these counties. Storm Bert also played havoc with public transport across Ireland with dozens of Iarnrod Eireann and Bus Eireann services either delayed or cancelled because of the conditions. A number of flights were also either delayed or diverted at the height of the storm. The public has also been urged to stay away from exposed coastal areas due to hazardous gusts which could continue for a couple of days.Emerging tight end Noah Gray gives Mahomes and the Chiefs another option in passing game
Baltimore City’s and Montgomery County’s school systems are in jeopardy of losing funding due to unmet requirements under the state’s preeminent education plan, the . At a meeting Thursday, the Blueprint Accountability & Implementation Board voted to officially warn the two school systems that they have not complied with certain criteria that would warrant the board’s approval to release fiscal years 2025 and 2026 Blueprint funds. “We do have to make certain we abide by the terms and conditions in our statute to make sure that we get compliance in a timely fashion,” said board chair Isiah Leggett. “We also try to work very carefully with all the jurisdictions that we are as responsive and responsible as possible to get to a positive outcome for everyone in terms of compliance. Unfortunately, there are some that are still not at that level and some are close to it, and so we need to at this point and time consistent with statutory requirements make some distinctions here.” Each Maryland school system had to provide an implementation plan to the board, a government entity charged with overseeing the execution of the Blueprint. Baltimore City and Montgomery County haven’t provided all of the components of their implementation plans, according to the board, including Baltimore’s career ladder. After multiple rounds of negotiations over specifics in the teacher career ladder, the Baltimore Teachers Union and the school system ahead of a state deadline, and formal impasse papers were filed. Earlier this year, a city schools spokesperson said the district would “build on the strengths and address the challenges of our previous career pathways while also meeting all Blueprint requirements.” Board member Laura Stapleton said she was hopeful Baltimore City was on the path for approval. “We understand that Baltimore City is at an impasse and that they’ve worked through it,” Stapleton said. “I am very hopeful they’ll be able to rectify it. And so even though this is about giving an official warning, I hope that it is seen that they are on the right path.” Another board member complimented Baltimore for having a representative at the meeting to explain its position. Montgomery County did not have an official at the meeting. Five other school systems — Anne Arundel, Baltimore, Howard, Prince George’s and Talbot counties — also did not meet requirements from the board that would trigger the release of funds. Those districts have submitted all the required parts of the plans but have been asked to provide more information in some of the categories and did not receive warnings. “AIB staff have reviewed initial and updated submissions and provided each (school system) with feedback and requests for revision/additional information necessary to be recommended for approval,” a statement from the board reads. The districts have until Dec. 11 to submit updates to the board for the next round of consideration at its Dec. 19 meeting.Quanterix Corporation Announcement: If You Have Suffered Losses in Quanterix Corporation (NASDAQ: QTRX), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Tractor Supply's TSCO short percent of float has fallen 7.71% since its last report. The company recently reported that it has 6.00 million shares sold short , which is 6.34% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.66 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish. See Also: List of the most shorted stocks Tractor Supply Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for Tractor Supply has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted. Comparing Tractor Supply's Short Interest Against Its Peers Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis. According to Benzinga Pro , Tractor Supply's peer group average for short interest as a percentage of float is 12.61%, which means the company has less short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it. This article was generated by Benzinga's automated content engine and was reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Netflix shares retreat after hitting record high
NEW YORK , Dec. 2, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Future Vision II Acquisition Corp. (NASDAQ: FVNNU ) , relating to the proposed merger with Viwo Technology Inc. Under the terms of the agreement, Viwo shareholders will receive in the aggregate 9,950,250 shares of Future Vision valued at $10.05 per share. Click here for more https://monteverdelaw.com/case/future-vision-ii-acquisition-corp-fvnnu/ . It is free and there is no cost or obligation to you. NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask: About Monteverde & Associates PC Our firm litigates and has recovered money for shareholders...and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341. Contact: Juan Monteverde, Esq. MONTEVERDE & ASSOCIATES PC The Empire State Building 350 Fifth Ave. Suite 4740 New York, NY 10118 United States of America [email protected] Tel: (212) 971-1341 Attorney Advertising. (C) 2024 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC ( www.monteverdelaw.com ). Prior results do not guarantee a similar outcome with respect to any future matter. SOURCE Monteverde & Associates PCChina’s outbound mergers and acquisitions (M&A) activity could jump, as US president-elect Donald Trump’s tariff threats accelerate the globalisation of mainland enterprises, according to industry experts. Bracing for the possibility of 60 to 100 per cent tariffs on Chinese goods, firms in the world’s second-largest economy are exploring ways to reduce reliance on the US, albeit in a frail global M&A environment beset by high interest rates and ongoing geopolitical tensions. “More tariffs may mean that the globalisation of Chinese companies is going to get faster,” said Stanley Lah, Asia-Pacific and China M&A services leader at Deloitte. “Chinese companies will consider moving faster to look for alternatives in shipping or selling to the US. That is quite loud and clear.” M&A activity should emerge as a speedier solution to satisfy Chinese companies’ objective of being more effective in global markets, compared with greenfield investments such as setting up sales offices or manufacturing facilities, he added. Chinese outbound M&A deals fell 16.5 per cent to US$17 billion so far this year, compared with the same period last year, according to London Stock Exchange Group data. Last year, the tally rose 59 per cent year on year to US$27 billion – still far below the 2016 peak of US$202 billion. Dealmakers have seen some rebound in China’s outbound M&A, especially in the sectors with Beijing’s “blessings”, according to Federico Bazzoni, CEO of investment banking at Vantage Capital Markets. “I see some activities coming back in specific sectors,” he said, mentioning manufacturing, technology, new energy such as solar power and batteries, and “a little bit” on consumer products. “Valuations are coming down.”Early tallies in Ireland's General Election hint at challenges for incumbents and potential new alliances
No. 10 Marquette remains undefeated with convincing win over Western CarolinaKingsview Wealth Management LLC acquired a new position in shares of KKR & Co. Inc. ( NYSE:KKR – Free Report ) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,951 shares of the asset manager’s stock, valued at approximately $255,000. A number of other large investors have also recently bought and sold shares of KKR. Dudley Capital Management LLC raised its position in shares of KKR & Co. Inc. by 2.7% during the 3rd quarter. Dudley Capital Management LLC now owns 3,095 shares of the asset manager’s stock worth $404,000 after purchasing an additional 80 shares during the period. FWG Holdings LLC increased its position in KKR & Co. Inc. by 1.6% in the third quarter. FWG Holdings LLC now owns 5,096 shares of the asset manager’s stock worth $717,000 after buying an additional 80 shares during the period. Sigma Planning Corp increased its position in KKR & Co. Inc. by 1.3% in the third quarter. Sigma Planning Corp now owns 6,489 shares of the asset manager’s stock worth $847,000 after buying an additional 81 shares during the period. Connable Office Inc. lifted its stake in KKR & Co. Inc. by 0.4% in the third quarter. Connable Office Inc. now owns 19,311 shares of the asset manager’s stock valued at $2,522,000 after buying an additional 82 shares during the last quarter. Finally, OLD National Bancorp IN boosted its holdings in shares of KKR & Co. Inc. by 1.3% during the third quarter. OLD National Bancorp IN now owns 6,477 shares of the asset manager’s stock valued at $846,000 after acquiring an additional 85 shares during the period. Institutional investors own 76.26% of the company’s stock. Wall Street Analyst Weigh In A number of analysts recently weighed in on the stock. Evercore ISI increased their price objective on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. JMP Securities lifted their price target on KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a report on Tuesday, October 29th. Redburn Atlantic began coverage on KKR & Co. Inc. in a report on Tuesday, August 27th. They issued a “buy” rating and a $153.00 price objective for the company. Wells Fargo & Company raised their target price on KKR & Co. Inc. from $139.00 to $152.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. Finally, Hsbc Global Res raised KKR & Co. Inc. to a “strong-buy” rating in a research note on Wednesday, September 18th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, KKR & Co. Inc. presently has a consensus rating of “Moderate Buy” and an average target price of $154.14. KKR & Co. Inc. Price Performance Shares of NYSE KKR opened at $162.84 on Friday. KKR & Co. Inc. has a twelve month low of $73.04 and a twelve month high of $163.68. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The firm has a 50-day moving average of $142.74 and a two-hundred day moving average of $123.29. The company has a market capitalization of $144.64 billion, a price-to-earnings ratio of 49.50, a PEG ratio of 1.27 and a beta of 1.61. KKR & Co. Inc. ( NYSE:KKR – Get Free Report ) last released its earnings results on Thursday, October 24th. The asset manager reported $1.38 EPS for the quarter, beating the consensus estimate of $1.03 by $0.35. The business had revenue of $4.79 billion during the quarter, compared to analyst estimates of $1.23 billion. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%. During the same period in the prior year, the business earned $0.73 earnings per share. As a group, analysts expect that KKR & Co. Inc. will post 4.16 earnings per share for the current fiscal year. KKR & Co. Inc. Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Monday, November 4th were paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 0.43%. The ex-dividend date was Monday, November 4th. KKR & Co. Inc.’s dividend payout ratio is presently 21.28%. Insider Buying and Selling In other news, major shareholder Kkr Group Partnership L.P. bought 11,619,998 shares of the firm’s stock in a transaction on Wednesday, September 11th. The stock was bought at an average cost of $11.13 per share, for a total transaction of $129,330,577.74. Following the completion of the acquisition, the insider now directly owns 92,959,984 shares in the company, valued at $1,034,644,621.92. This represents a 14.29 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink . Also, major shareholder Genetic Disorder L.P. Kkr sold 5,800,000 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $25.75, for a total transaction of $149,350,000.00. Following the sale, the insider now owns 25,260,971 shares in the company, valued at $650,470,003.25. This represents a 18.67 % decrease in their position. The disclosure for this sale can be found here . Insiders own 39.34% of the company’s stock. KKR & Co. Inc. Profile ( Free Report ) KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments. Further Reading Want to see what other hedge funds are holding KKR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KKR & Co. Inc. ( NYSE:KKR – Free Report ). Receive News & Ratings for KKR & Co. Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KKR & Co. Inc. and related companies with MarketBeat.com's FREE daily email newsletter .
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