NoneJeff Kromrey, 69, will sit down with his daughter the next time she visits and show her how to access his online accounts if he has an unexpected health crisis. Gayle Williams-Brett, right, is frequently overwhelmed by the responsibility of caring for her severely disabled mother, who lives with her in a two-story brownstone in Brooklyn. She says she has often felt alone as a full-time caregiver. Cornell Antoine for The Washington Post Gayle Williams-Brett, 69, plans to tackle a project she’s been putting off for months: organizing all her financial information. Michael Davis, 71, is going to draft a living will and ask a close friend to be his health care surrogate and executor of his estate. These seniors have been inspired to take these and other actions by an innovative course for such “solo agers”: Aging Alone Together, offered by Dorot, a social services agency in New York City. Most of them live alone, without a spouse, a partner or adult children to help them manage as they age. Until a few years ago, few resources were available for this growing slice of the older population. Now, there are several Facebook groups for solo agers, as well as in-person groups springing up across the country, conferences and webinars, a national clearinghouse of resources, and an expanding array of books on the topic. All address these seniors’ need to connect with others, prevent isolation and prepare for a future when they might become less robust, encounter more health issues and need more assistance. EASING ISOLATION “Older adults who cannot rely on family members need to be very intentional about creating support systems and putting other plans in place,” said Ailene Gerhardt, a patient-advocate in Boston who created the Navigating Solo Network three years ago. In a survey published last year, AARP – which broadens the definition of older Americans to people 50 and older – examined those who live alone and don’t have living children. Ten percent of people 50 or older meet this definition, AARP estimates. An additional 11% have at least one living child but are estranged from them. And another 13% have children who they believe can’t or won’t help them manage their finances and health care. Preparing in isolation for the future can be daunting. “If solo agers don’t feel they have people to talk to as they craft their aging plan, they often will skip the whole process,” said Gerhardt, who endorses a group planning model for these seniors. That’s the format Dorot has adopted for its free course Aging Alone Together, which is available nationally online and in person in New York. More than 1,000 people have participated in the program since it was launched in 2021. Dorot is working with partners across the country to expand its reach. The program consists of six 90-minute, online interactive weekly sessions that focus on the seniors’ key concerns: building communities of support, figuring out where to live, completing advance care directives such as living wills, and getting financial and legal affairs in order. One goal is to help participants identify priorities and overcome the fear and hesitation that so many older adults feel when peering into their uncertain futures, said Claire Nissen, a Dorot staffer who runs the program. Another is to offer practical tools, advice and resources that can spur people to action. Yet another is to foster a sense of community that promotes a can-do attitude. As Nissen said repeatedly when I took the course in September and October, “Solo aging doesn’t mean aging alone.” PLANNING FOR THE FUTURE That message resonated deeply with Williams-Brett, who lives with her severely disabled mother, 97, in a two-story brownstone in Brooklyn. Williams-Brett, who is divorced and never had children, expects to be on her own as she grows older. Her mother had a devastating stroke three years ago, and since then, Williams-Brett has been her full-time caregiver. Overwhelmed by everything on her to-do list – declutter the house, make home repairs, straighten out her finances, safeguard her mother’s health – Williams-Brett told me she’d been struggling with shame and fear. Hearing other seniors voice similar concerns during Aging Alone Together sessions, Williams-Brett realized she didn’t judge them as she was judging herself. “I thought, we all have issues we’re dealing with,” she said. “You don’t have anything to feel ashamed of.” Kromrey, who lives alone in Tampa, knows he’s fortunate to be healthy, financially stable and very close with his adult daughter, who will be his health-care and legal decision-maker if he becomes incapacitated. Kromrey, widowed nine years ago, also has three sons – two in South Carolina and one in West Palm Beach, Florida. While participating in Aging Alone Together, Kromrey realized he had assumed he would never have a health crisis such as a stroke or heart attack – a common form of denial. His daughter and her husband planned to travel from North Carolina to join Kromrey over Thanksgiving. During that visit, Kromrey said, he would give her passwords to his computer and online accounts, explain his system for keeping track of bills, and show her where other important files are. “That way, she’ll just be able to take right over if something unexpected occurs,” he said. Davis is an artist who never married, doesn’t have siblings and lives alone in Manhattan. In a phone conversation, he said his most pressing concern is “finding something to do that’s worthwhile” now that arthritis has made it difficult for him to paint. In some ways, Davis is prepared for the future. He has a long-term care insurance policy that will pay for help in the home and a rent-regulated apartment in a building with an elevator. But he recognizes that he’s become too isolated as his artistic activities have waned. “There are days that go by when I don’t say a word to anyone,” Davis acknowledged. “I have my friends, but they have their own lives, with their children and grandchildren. I’m turning to Dorot for more social contact. And Aging Alone Together has helped me focus on the here and now.” RESOURCES For more information about Aging Alone Together, email agingalonetogether@dorotusa.org or visit the program’s website at dorotusa.org/agingalonetogether . A national clearinghouse of resources for solo agers and information about solo-ager groups in the United States is available at the Navigating Solo website . The National Council on Aging has assembled a guide to resources and support for older adults living alone on its website, ncoa.org . Facebook groups for solo agers include Elder Orphans (Aging Alone), Elder Orphans, NYC Solo Agers and Solo Aging Without Personal Representative. Another online community is The Solo Ager/Aging Together. Books about planning for solo aging include “Essential Retirement Planning for Solo Agers,” “Solo and Smart,” “Who Will Take Care of Me When I’m Old?” and “The Complete Eldercare Planner.” Several videos about planning for solo aging can be found on YouTube. We invite you to add your comments. We encourage a thoughtful exchange of ideas and information on this website. By joining the conversation, you are agreeing to our commenting policy and terms of use . More information is found on our FAQs . You can modify your screen name here . Comments are managed by our staff during regular business hours Monday through Friday as well as limited hours on Saturday and Sunday. Comments held for moderation outside of those hours may take longer to approve. Please sign into your Sun Journal account to participate in conversations below. If you do not have an account, you can register or subscribe . Questions? Please see our FAQs . Your commenting screen name has been updated. Send questions/comments to the editors. « Previous Next »
SAN FRANCISCO, Dec. 27, 2024 (GLOBE NEWSWIRE) -- AstraZeneca, the Anglo-Swedish pharmaceutical giant, has seen its stock price tumble 15 percent over the past six months, buffeted by a series of unsettling reports emanating from China. A widening investigation by China regulators into alleged illegal drug imports, data breaches, and potential health insurance fraud has cast a shadow over the company’s prospects in a critical market, triggering a securities class action lawsuit in the United States. Hagens Berman has opened an investigation into the allegations and urges investors in AstraZeneca American Depositary Shares who suffered substantial losses to submit your losses now. Class Period: Feb. 23, 2022 – Dec. 17, 2024 Lead Plaintiff Deadline: Feb. 21, 2025 Visit: www.hbsslaw.com/investor-fraud/azn Contact the Firm Now: AZN@hbsslaw.com 844-916-0895 Probe Into AstraZeneca’s China Operations The probe conducted by China regulators, which reportedly centers on allegations that AstraZeneca employees improperly imported cancer medications like Enhertu and Imjudo from Hong Kong into mainland China and mishandled patient data, has been compounded by a broader investigation into a large-scale health insurance fraud case. The confluence of these issues has raised serious concerns among investors about the potential impact on the company’s regional sales and overall financial performance. The situation escalated with the arrest of Leon Wang, AstraZeneca’s Executive Vice President International and China President. This development, coupled with internal forecasts predicting a downturn in sales within the Chinese market, has prompted a sharp investor reaction, culminating in the legal action filed in the U.S. District Court for the Central District of California. The AstraZeneca Securities Class Action Suit The lawsuit alleges that AstraZeneca issued “false and misleading statements” and withheld crucial information regarding the company’s exposure to legal and regulatory risks in China. The complaint specifically accuses AstraZeneca of engaging in insurance fraud, facing heightened legal exposure that led to Mr. Wang’s detention, understating the risks associated with its Chinese operations, and failing to disclose the potential for these issues to significantly harm its business and finances in the region. The truth allegedly began to emerge in late October. On October 30, AstraZeneca announced that Mr. Wang was cooperating with a Chinese investigation, offering few details. This initial announcement triggered a 3 percent drop in the company’s share price. The situation worsened on November 5, when Yicai , a Chinese business news outlet, reported that dozens of AstraZeneca China executives were implicated in the investigation, with some potentially facing lengthy prison sentences. The report, citing an industry insider, attributed the alleged compliance issues to “extreme pressure” on sales representatives to meet aggressive sales targets. This news sent AstraZeneca’s stock down another 7 percent. On November 12, AstraZeneca confirmed Mr. Wang’s detention and disclosed that the Chinese investigation encompassed allegations of medical insurance fraud, illegal drug importation, and breaches of personal information. More recently, on December 18, The Financial Times reported that AstraZeneca executives anticipate a decline in Chinese revenue due to the arrests of Mr. Wang and other senior executives. The report quoted an AstraZeneca executive who stated that “doctors are unwilling to interact with our salespeople and prescribe our medicines” following the investigation, precipitating a further nearly 4 percent decline in the company’s share price. Hagens Berman Investigation These events have prompted shareholder rights firm to open an investigation in the allegations. “Should the allegations be confirmed, it suggests AstraZeneca misled investors about the true extent of its exposure in China, a failure with potentially serious consequences,” said Reed Kathrein, an attorney leading the firm's investigation. If you invested in AstraZeneca and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now » If you’d like more information and answers to frequently asked questions about the AstraZeneca investigation, read more » Whistleblowers: Persons with non-public information regarding AstraZeneca should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email AZN@hbsslaw.com . About Hagens Berman Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com . Follow the firm for updates and news at @ClassActionLaw . Contact: Reed Kathrein, 844-916-0895
Walmart ( NYSE:WMT – Free Report ) had its price objective raised by Bank of America from $95.00 to $105.00 in a research report released on Wednesday morning, Benzinga reports. The brokerage currently has a buy rating on the retailer’s stock. WMT has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft boosted their price objective on Walmart from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, August 16th. Barclays upped their price objective on Walmart from $66.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, August 16th. Roth Mkm lifted their target price on shares of Walmart from $71.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 16th. Citigroup increased their price target on shares of Walmart from $75.00 to $98.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Finally, Redburn Atlantic raised shares of Walmart to a “strong-buy” rating in a report on Monday, September 23rd. Two analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average target price of $91.88. Check Out Our Latest Analysis on Walmart Walmart Trading Up 2.3 % Walmart ( NYSE:WMT – Get Free Report ) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the prior year, the firm earned $0.51 EPS. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. Sell-side analysts anticipate that Walmart will post 2.47 EPS for the current year. Insider Buying and Selling at Walmart In other Walmart news, major shareholder S Robson Walton sold 4,057,369 shares of the stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $77.20, for a total value of $313,228,886.80. Following the transaction, the insider now directly owns 611,988,318 shares in the company, valued at $47,245,498,149.60. This represents a 0.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, major shareholder Alice L. Walton sold 2,709,163 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total transaction of $209,607,941.31. Following the sale, the insider now owns 630,501,148 shares of the company’s stock, valued at $48,781,873,820.76. This represents a 0.43 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 12,337,337 shares of company stock worth $958,823,647 over the last ninety days. Corporate insiders own 45.58% of the company’s stock. Hedge Funds Weigh In On Walmart Several hedge funds have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its position in Walmart by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,236,769 shares of the retailer’s stock worth $2,522,369,000 after buying an additional 350,881 shares during the period. Oxbow Advisors LLC grew its position in shares of Walmart by 45.0% during the third quarter. Oxbow Advisors LLC now owns 28,453 shares of the retailer’s stock worth $2,298,000 after acquiring an additional 8,834 shares during the last quarter. Crossmark Global Holdings Inc. increased its holdings in shares of Walmart by 21.9% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 587,001 shares of the retailer’s stock valued at $47,400,000 after acquiring an additional 105,430 shares during the period. Whalerock Point Partners LLC raised its position in Walmart by 213.5% in the 1st quarter. Whalerock Point Partners LLC now owns 29,613 shares of the retailer’s stock valued at $1,782,000 after purchasing an additional 20,167 shares during the last quarter. Finally, WFA Asset Management Corp boosted its stake in Walmart by 201.0% during the 1st quarter. WFA Asset Management Corp now owns 2,092 shares of the retailer’s stock worth $126,000 after purchasing an additional 1,397 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock. About Walmart ( Get Free Report ) Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. Recommended Stories Five stocks we like better than Walmart What Are Dividend Achievers? An Introduction Tesla Investors Continue to Profit From the Trump Trade What Are Dividends? Buy the Best Dividend Stocks MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally Technology Stocks Explained: Here’s What to Know About Tech Netflix Ventures Into Live Sports, Driving Stock Momentum Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter .
By ERIC TUCKER WASHINGTON (AP) — A ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans, a top White House official said Friday. Biden administration officials said this month that at least eight telecommunications companies , as well as dozens of nations, had been affected by the Chinese hacking blitz known as Salt Typhoon. But Anne Neuberger, the deputy national security adviser for cyber and emerging technologies, told reporters Friday that a ninth victim had been identified after the administration released guidance to companies about how to hunt for Chinese culprits in their networks. The update from Neuberger is the latest development in a massive hacking operation that has alarmed national security officials, exposed cybersecurity vulnerabilities in the private sector and laid bare China’s hacking sophistication. The hackers compromised the networks of telecommunications companies to obtain customer call records and gain access to the private communications of “a limited number of individuals.” Though the FBI has not publicly identified any of the victims, officials believe senior U.S. government officials and prominent political figures are among those whose whose communications were accessed. Related Articles National News | Court rules Georgia lawmakers can subpoena Fani Willis for information related to her Trump case National News | U.S. homelessness up 18% as affordable housing remains out of reach for many people National News | OpenAI whistleblower death: Parents want to know what happened to Suchir Balaji after apparent suicide National News | Most Americans blame insurance profits and denials alongside the killer in UHC CEO death, poll finds National News | Another jackpot surpasses $1 billion. Is this the new normal? Neuberger said officials did not yet have a precise sense how many Americans overall were affected by Salt Typhoon, in part because the Chinese were careful about their techniques, but a “large number” were in the Washington-Virginia area. Officials believe the goal of the hackers was to identify who owned the phones and, if they were “government targets of interest,” spy on their texts and phone calls, she said. The FBI said most of the people targeted by the hackers are “primarily involved in government or political activity.” Neuberger said the episode highlighted the need for required cybersecurity practices in the telecommunications industry, something the Federal Communications Commission is to take up at a meeting next month. “We know that voluntary cyber security practices are inadequate to protect against China, Russia and Iran hacking of our critical infrastructure,” she said. The Chinese government has denied responsibility for the hacking.The largest intergenerational wealth transfer in US history is about to take place — though the vast majority of Americans are unlikely to inherit much money at all. About $US105 trillion ($164 trillion) is projected to be passed down from older generations over the next quarter century, according to research firm Cerulli Associates, an amount roughly equal to global gross domestic product in 2023. Rising stock markets and home prices, as well as inflation, have fattened the estates that members of the baby boom generation are expected to leave their heirs. Credit: Glenn Hunt Rising stock markets and home prices, as well as inflation, have fattened the estates that members of the baby boom generation, born between 1946 and 1964, are expected to leave their heirs. The latest inheritance projection by Cerulli is 45 per cent higher than the 25-year forecast the firm made only three years ago. US gifts and inheritances are expected to total $US2.5 trillion next year alone. “About 80 per cent of the wealth held today is going to be in motion,” Chayce Horton, the lead author of the Cerulli report, said in an interview. “The ratio of wealth expected to be changing hands in the next 25 years is significant, and much greater than what we even saw a decade ago.” Yet even as the assets of millions of ageing Americans are passed on, the share of the US population that will benefit from inherited money has remained static, a sign of how accumulating family wealth has become more concentrated among the most affluent households. At the same time, money passed down from one generation to another accounts for a growing share of the overall wealth of heirs, rising relative to income from work or investments. Inherited money represented about a quarter of the net worth of households that received it, a Bloomberg analysis of the Federal Reserve’s 2022 Survey of Consumer Finances found, up from roughly 10 per cent in the late 1990s. Loading “We’re becoming less of an economy that promotes entrepreneurship and production and more of an economy focused on inheritance and dynasty,” said Chuck Collins, Director of the Program on Inequality and the Common Good at the Institute for Policy Studies. Collins, whose great-grandfather founded the hot dog and lunchmeat maker Oscar Mayer, gave up his inheritance when he was in his twenties. He is now a member of the Patriotic Millionaires, a nonprofit group of affluent Americans that pushes for the wealthy to pay higher tax rates. Receiving any funds from a deceased family member remains the exception in the US, not the rule. Just one in five American households have received a substantial gift, trust or inheritance in recent decades, according to Bloomberg’s analysis. Inherited wealth is expected to become increasingly concentrated among the most affluent, according to Cerulli. The firm estimates that more than half of the wealth transferred between generations through 2048 will come from households with at least $US5 million in investible assets. Only about 2 per cent of US households meet that threshold. The share of the US population that will benefit from inherited money has remained static, a sign of how accumulating family wealth has become more concentrated among the most affluent households. Credit: Bloomberg The figures lend support to an idea that has long had currency among economists but that has been difficult to confirm — that the share of overall wealth derived from inheritance is far higher than it appears. A 2017 paper argued that inherited money had accounted for more than half of total wealth in the US and Europe since the 1990s, and that “self-reported inheritance flows are implausibly low.” “Inheritance is still the most important factor in terms of wealth concentration,” said Kaushik Basu, professor of economics at Cornell University and former chief economist at the World Bank. The trillions of dollars set to be passed on in coming years could create more social mobility for younger generations, even though its greater concentration among the wealthiest Americans is likely to create more obstacles for lower-income households and exacerbate inequality. Loading “Markets may still flourish, and overall economic growth may continue, but the polarisation between the born-poor and born-rich will become more acute,” Basu said. He added that many of the economic advantages of family wealth are conferred indirectly, through access to education and other opportunities. As more members of the massive baby boom generation die, the annual rate at which wealth is being passed on is expected to increase until the end of the decade. Millennials, born between 1981 and 1996, are expected to inherit more than $US45 trillion by 2048, including some $US3.9 trillion that year alone. Generation X, sandwiched between the baby boomers and millennials, will see their annual inheritance levels peak in 2038 at just shy of $US2 trillion, according to Cerulli. ‘Markets may still flourish, and overall economic growth may continue, but the polarisation between the born-poor and born-rich will become more acute.’ Kaushik Basu, professor of economics at Cornell University and former chief economist at the World Bank Wealth isn’t only cascading down to younger generations, it also is moving sideways. Before reaching younger heirs, inheritances are often transferred to surviving spouses and partners. Since women tend to outlive men, they are expected to receive a large share of the fortunes being passed on. “A significant amount of the wealth that is held today is believed to be controlled by men,” said Cerulli’s Horton. As those men die, “we expect that wealth to be much more equitably distributed on a gender basis.” Cerulli estimates that women will inherit nearly half of the total projected value of inheritances over the next 25 years. US tax policy has made it easier for wealthy heirs to hang on to more of the money they inherit. President-elect Donald Trump wants to extend part of his 2017 tax-cut package that doubled the estate-tax exemption from $US5.49 million to $US11.18 million. For many older Americans, money handed down from previous generations has shaped their own planning. Alan Jewett, a 75-year-old retiree in Delaware, and his wife received an inheritance of nearly $US3 million from her childless aunts in 2014, after the couple had already put both their children through college and bought a home. “Having money changes the way you look at things in the sense that it gives you and your family a feeling of security,” Jewett said. He and his wife gave part of the inheritance to their kids and set up an irrevocable trust for their three young grandchildren. Some heirs say they have used inherited money to prepare for their own health and elder-care expenses. Lee Robin Gebhardt, a 63-year-old wine seller living in Putnam County, New York, said she invested a $US150,000 retirement account that she received from her father, who died in 2020, in her long-term care. Gebhardt, who plans to work for at least another two years, has enough money put away to last her until she’s 110. “That will take some pressure off my children,” she said. Other relatively wealthy baby boomers have decided to pass on some of their wealth while they’re still able to see its effects for themselves. Loading “I’ve seen an increasing focus on ‘giving while living,’ where people provide for their family’s needs during their lifetime,” said Jared Jones, senior advisor at Omega Wealth Management. “There’s definitely a big focus on not waiting until one passes away to help and witness the benefits of the wealth from the family.” Bloomberg The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion. Sign up to get it every weekday morning . Save Log in , register or subscribe to save articles for later. Inheritance Billionaires Most Viewed in Business Loading
Oppenheimer & Co. Inc. reduced its stake in shares of Southern Copper Co. ( NYSE:SCCO – Free Report ) by 93.0% during the third quarter, Holdings Channel reports. The institutional investor owned 1,903 shares of the basic materials company’s stock after selling 25,121 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Southern Copper were worth $220,000 at the end of the most recent quarter. Several other large investors have also recently modified their holdings of SCCO. Oppenheimer Asset Management Inc. bought a new position in Southern Copper during the 3rd quarter worth approximately $2,289,000. Saturna Capital Corp boosted its stake in shares of Southern Copper by 0.6% during the third quarter. Saturna Capital Corp now owns 43,673 shares of the basic materials company’s stock valued at $5,052,000 after purchasing an additional 242 shares during the period. Empower Advisory Group LLC grew its holdings in shares of Southern Copper by 3.3% in the third quarter. Empower Advisory Group LLC now owns 1,004,060 shares of the basic materials company’s stock worth $116,140,000 after purchasing an additional 32,314 shares during the last quarter. Aptus Capital Advisors LLC increased its stake in shares of Southern Copper by 38.9% in the third quarter. Aptus Capital Advisors LLC now owns 3,163 shares of the basic materials company’s stock worth $366,000 after buying an additional 886 shares during the period. Finally, Aigen Investment Management LP raised its holdings in Southern Copper by 138.9% during the 3rd quarter. Aigen Investment Management LP now owns 15,642 shares of the basic materials company’s stock valued at $1,809,000 after buying an additional 9,095 shares during the last quarter. Hedge funds and other institutional investors own 7.94% of the company’s stock. Analyst Upgrades and Downgrades SCCO has been the topic of a number of recent analyst reports. Citigroup raised their price target on shares of Southern Copper from $99.44 to $100.00 and gave the stock a “sell” rating in a report on Wednesday, October 2nd. Morgan Stanley raised their target price on Southern Copper from $97.00 to $100.00 and gave the stock an “underweight” rating in a research note on Thursday, September 19th. Finally, Scotiabank lowered their price target on Southern Copper from $54.00 to $52.00 and set a “sector underperform” rating for the company in a research report on Tuesday, October 15th. Six research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $90.63. Southern Copper Stock Performance Shares of SCCO opened at $99.74 on Friday. The company has a 50-day simple moving average of $110.24 and a two-hundred day simple moving average of $109.08. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.77 and a quick ratio of 2.31. The firm has a market capitalization of $78.35 billion, a PE ratio of 25.68, a price-to-earnings-growth ratio of 1.07 and a beta of 1.18. Southern Copper Co. has a one year low of $70.63 and a one year high of $129.79. Southern Copper Announces Dividend The company also recently announced a — dividend, which was paid on Thursday, November 21st. Stockholders of record on Wednesday, November 6th were paid a $0.62 dividend. This represents a dividend yield of 2.1%. The ex-dividend date was Wednesday, November 6th. Southern Copper’s payout ratio is presently 72.09%. Southern Copper Company Profile ( Free Report ) Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc, copper, molybdenum, silver, gold, and lead. Read More Want to see what other hedge funds are holding SCCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Southern Copper Co. ( NYSE:SCCO – Free Report ). Receive News & Ratings for Southern Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern Copper and related companies with MarketBeat.com's FREE daily email newsletter .Reflecting on the legacy of Dr Manmohan Singh is daunting. I knew him even before he joined the government, mainly from 1971. Anecdotes, nostalgia, and a combination of thoughts over multiple meetings in multiple countries and context overwhelm me. ET Year-end Special Reads Two sectors that rose on India's business horizon in 2024 2025 outlook: Is it time for cautious optimism or rekindling animal spirits? 2024: Govt moves ahead with simultaneous polls plan; India holds largest democratic exercise When he joined the Ministry of Commerce in 1971, India was an overregulated economy, with growing controls on imports and exports in total disregard of competitive market efficiency, much less factor advantage. While he felt that this would be retrograde to India's future, the geopolitical realities at the time and our relationship with the Soviet Union did not permit us to make any significant changes. Shortly thereafter as Economic Adviser he had begun to witness the incipient signs of change. As finance minister, he was happy to have me as Joint Secretary in the Department of Economic Affairs and handling the negotiations with the IMF and World Bank. These were daunting negotiations, and he was determined to ensure that India's reputation as meeting its debt obligations without any hint of default remained untarnished. The negotiations were primarily aimed at securing IMF assistance for the upper credit tranche agreements. With the World Bank a structural adjustment loan was being negotiated. Throughout this period, he supported the team I was privileged to be part of. I remember one particularly hot afternoon when negotiations with the IMF broke down, and they had packed their bags to leave. Dr Singh had instructed me to report to him immediately if any critical divergence arose during the negotiations. I went to his house, and he told me firmly that they must not be allowed to leave, as this would have an exceedingly negative impact on India's market sentiment. He followed up by coming to the office that very afternoon, and we were able to conclude arrangements with the IMF and the World Bank, securing various windows for assistance. Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrows Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program Throughout this process, he showed sagacity and wisdom, recognising the importance of adherence to debt repayment, no matter how much persuasion was required or to whom the requests were made. He never allowed his high office to come in the way of fulfilling his responsibilities. We met again in Parliament when he had assumed the high office of Prime Minister. In sharp contrast to his tenure as finance minister, he had to focus on securing consensus both within the Congress and among allied parties. The low-hanging fruits of reform had been secured, and the remaining ones required much greater calibration and consensus-building. As Prime Minister, the audaciousness with which he pursued the nuclear deal with the US stands out very sharply. This effort to improve India's dynamics with the superpower was laudable. He was building on the achievements of high GDP growth following Vajpayee's reforms as well as a nuke explosion. In fact, the nuclear deal was part of his vision to make India an attractive investment destination, no matter what was at stake for the future of the government. Regrettably, the full effects of the nuclear deal are yet to be realised due to the lack of enabling changes in laws, particularly regarding insurance, which would allow private party participation. He was the perfect example of domain expertise coupled with an understanding of the political landscape. Dr Singh was the master of the art of the possible in the political economy of change . We will remain indebted to him for steering India on the path of growth and toward its rightful place in the committee of nations. The writer is former Rajya Sabha member and chairperson of FC
Deals: M2 iPad Air $149 off, MacBooks up to $400 off, Nomad Apple accessory sale, Magic Mouse, moreMedical laboratory technology student at Pierpont Community and Technical College receives national scholarship
Orry Leaks Hilarious Candid Pics Of Janhvi-Shikhar, Khushi-Vedang, And Ananya. Check Out
JOHNSTON — More than a month after the November election, Iowa-based pollster Ann Selzer still is searching for answers. Selzer’s Iowa Poll, published by the Des Moines Register and Mediacom, had developed a reputation as one of the best polling firms in the country. But that distinction took a massive hit in the 2024 presidential election in Iowa, when the final Iowa Poll, published just days before the election, showed Democratic Vice President Kamala Harris ahead in the state by 4 percentage points. Ann Selzer discusses the final Iowa Poll of the 2024 presidential election during her appearance on Iowa PBS' "Iowa Press" at Iowa PBS studios in Johnston, Iowa, on Friday, Dec. 13, 2024. Three days after the poll was published, Republican Donald Trump won the state by 13 percentage points. Shortly after the election, Selzer announced her company, Selzer and Co., no longer will conduct political polling — a plan she says was in place long before the election and was not influenced by the poor showing by the final Iowa Poll. People are also reading... In the meantime, Selzer has reanalyzed the poll’s data and searched for answers. She said she still sometimes awakes at 4 a.m. with a new question. And the answer is always the same. “We don’t know,” Selzer said Friday during the taping of “Iowa Press” at Iowa PBS Studios in Johnston. “Do I wish I knew? Yes, I wish I knew.” Selzer, whose polling career spans four decades, said she has not been able to identify precisely why the final Iowa Poll was so far off on the presidential race in Iowa. “If you’re hoping that I had landed on exactly why things went wrong, I have not,” she said. “It does sort of awaken me in the middle of the night, and I think, ‘Well, maybe I should check this. This is something that would be very odd if it were to happen.’ But we’ve explored everything.” The Iowa Poll stood out in the past when it strayed from other polling at the time but turned out to be correct. One such prominent example came in Iowa in 2014, when most polling on the state’s open-seat U.S. Senate campaign showed a close race between Republican Joni Ernst and Democrat Bruce Braley. But the Iowa Poll late in that cycle showed Ernst ahead by 7 points, while almost all other polls showed the campaign much closer. Ernst won by 8.5 points. Polling methods Why did Selzer’s methods, which have served her so well in the past, not work in 2024? “I wish I knew the answer to that. But like I said, there wasn’t anything that we saw (in the polling data) that needed to be fixed,” Selzer said Friday. “The reality is that more people supporting Donald Trump turned out.” One staple of Selzer’s polling methodology is that she does not adjust her results to match Iowa’s partisan breakdown or previous election turnout. Her polls adjust only to match Iowa’s demographics, like age, gender and county residence. In conducting her postelection analysis, Selzer found that had her poll results been adjusted to match Iowa’s 2020 election turnout, it would have shown Trump with a 6-point advantage. That still would have been 7 points off, but certainly closer than the poll reporting Harris with a 4-point advantage. But Selzer stuck with her tried and true polling method. On Friday, she explained why. “It comes back to the question of, how do I know before the election what the future electorate looks like,” she said. “We can’t really go back and look at what the turnout was before, because that might not be the turnout again. “If we’d done that (in the past), imagine after 2012 when Barack Obama was reelected, things would look very different (in the 2016 polls when Trump emerged). So, in hindsight, you say, ‘Wow, why didn’t you do that?’ Because it’s not science.” Selzer will not conduct another election poll, but if she were preparing for 2026, she said she would not do anything differently despite the outcome of the final 2024 Iowa Poll. “That’s a question that makes me nervous because there are a lot of polling organizations that redesign their polling methodology after they’ve had a miss,” Selzer said. “So I don’t even know what I would do differently if we were going to do one more poll.” “Iowa Press” can be seen on Iowa PBS at 7:30 p.m. Friday and noon Sunday, or online any time at iowapbs.org . Get Government & Politics updates in your inbox! Stay up-to-date on the latest in local and national government and political topics with our newsletter.
None
First 12-team College Football Playoff set, Oregon seeded No. 1 and SMU edges Alabama for last spot SMU captured the last open spot in the 12-team College Football Playoff, bumping Alabama to land in a bracket that placed undefeated Oregon at No. 1. The selection committee preferred the Mustangs (11-2), losers of a heartbreaker in the Atlantic Coast Conference title game, who had a far less difficult schedule than Alabama (9-3) of the SEC but one fewer loss. The first-of-its-kind 12-team bracket marks a new era for college football, though the Alabama-SMU debate made clear there is no perfect formula. The tournament starts Dec. 20-21 with four first-round games. It concludes Jan. 20 with the national title game in Atlanta. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.