A man has been jailed in Moscow after climbing a billboard and displaying a bizarre banner calling Vladimir Putin a "b-----". Dmitry Shapovalov reportedly scrambled up onto the billboard to pull off his stunt with the odd sign, which comes amid missile threats from the Russian leader and fears of WW3 by Christmas. A court described how the man was repeatedly asked to come down from his vantage point with his poster which read: “Putin, where are you, b----? Make room for me." Worrying nuclear map shows areas where 75% of population would die after WW3 Stephen Hawking's end-of-world prediction supported by NASA But Mr Shapovalov “ignored their instructions” and later “resisted and physically obstructed them.” He pleaded guilty, according to reports, and explained that he simply wanted to express his political beliefs. He was sentenced to 15 days in jail for disobeying police, TV station RTVI reported. The court ruling says: “He sat there for about two hours, after which police officers arrived and, after learning his name, asked him to climbed down. "He refused, as he had decided to stay there for a bit longer. After sitting for about another 30 minutes, he saw several police vehicles and an ambulance arrive. "Then he decided to climb down on his house because he was cold. He did not resist the police officers." Protests are rarely held in Russia . President Putin has cracked down on them with even more force since the start of the war in Ukraine in 2022. Political opponents have also been targeted by Putin in recent years. The most famous example is Alexei Navalny, who grew to prominence exposing alleged corruption at the heart of Russian politics because of his criticism of Putin. Earlier this year, Navalny died while serving a long prison sentence in Russia , sparking international outrage. He had been behind bars since he returned from Germany in January 2021, jailed on various charges that he has always denied. In 2020, Navalny was poisoned with Novichok while on a flight. In the Russian elections, Putin also barred anti-war candidate Boris Nadezhin from standing despite his growing support.Longtime ‘irreplaceable’ reporter Steve Lord retires after nearly 47 years at The Beacon-NewsCaprock Group LLC Acquires 416 Shares of Vulcan Materials (NYSE:VMC)
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Rams claim CB Emmanuel Forbes off waivers from WashingtonProspera Financial Services Inc grew its stake in Invesco Aerospace & Defense ETF ( NYSEARCA:PPA – Free Report ) by 7.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,846 shares of the company’s stock after buying an additional 670 shares during the period. Prospera Financial Services Inc’s holdings in Invesco Aerospace & Defense ETF were worth $1,134,000 at the end of the most recent quarter. Other hedge funds also recently made changes to their positions in the company. Great Valley Advisor Group Inc. raised its stake in Invesco Aerospace & Defense ETF by 68.4% during the second quarter. Great Valley Advisor Group Inc. now owns 32,754 shares of the company’s stock worth $3,365,000 after buying an additional 13,308 shares during the last quarter. Diversify Advisory Services LLC acquired a new position in shares of Invesco Aerospace & Defense ETF in the 2nd quarter valued at about $230,000. PFG Investments LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 23.1% during the 2nd quarter. PFG Investments LLC now owns 7,882 shares of the company’s stock valued at $810,000 after purchasing an additional 1,480 shares in the last quarter. Raymond James & Associates grew its stake in Invesco Aerospace & Defense ETF by 13.5% during the second quarter. Raymond James & Associates now owns 242,258 shares of the company’s stock worth $24,885,000 after purchasing an additional 28,902 shares during the period. Finally, BNP Paribas Financial Markets bought a new stake in Invesco Aerospace & Defense ETF in the first quarter worth approximately $233,000. Invesco Aerospace & Defense ETF Stock Performance Shares of PPA opened at $121.04 on Friday. The firm has a market cap of $3.77 billion, a PE ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 52-week low of $86.53 and a 52-week high of $124.89. The business’s 50 day moving average price is $116.76 and its two-hundred day moving average price is $109.83. Invesco Aerospace & Defense ETF Company Profile PowerShares Aerospace & Defense Portfolio (Fund) seeks investment results that correspond generally to the price and yield of the SPADE Defense Index (the Index). The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of the United States defense, homeland security and aerospace operations. Read More Want to see what other hedge funds are holding PPA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Aerospace & Defense ETF ( NYSEARCA:PPA – Free Report ). Receive News & Ratings for Invesco Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter .MicroStrategy stock rises 3.3% amid Nasdaq 100 inclusion speculation
More on Stitch Fix Stitch Fix: Never-Ending Declines (Rating Downgrade) Stitch Fix Earnings: Too Broke To Fix Stitch Fix: Another Major Disappointment Stitch Fix Q1 2025 Earnings Preview Apparel stocks turn defensive as Stitch Fix issues soft FY25 guidanceNew tax laws won’t affect 95% households: FBR FBR chief says Tax Policy Unit to continue data analysis to review impact of tax rates under broader economic picture ISLAMABAD: The Senate Standing Committee on Finance was Tuesday informed that the recent changes in the tax laws would not affect 95 percent households but the potential tax-dodgers, and the government will fetch additional Rs5 trillion within five years. The committee kick-started deliberations on Tax Laws Amendment Bill 2024 in the absence of the ruling party senators. However, Minister for Finance Mohammad Aurangzeb and Minister of State for Finance Ali Pervez Malik participated in the meeting. Senator Saleem Mandviwalla chaired the committee meeting at the Parliament House. Senator Mohsin Aziz and Shibli Faraz from the PTI participated. The chairman postponed the meeting till the next session of the panel. Briefing the committee, FBR Chairman Rashid Mahmood Langrial said the Tax Policy Unit will continue data analysis to review the impact of tax rates under the broader economic picture of the country. “We are not here to raise taxes or impose new taxes, but to resolve the issue where we were forced to increase the tax rates. The bill would resolve the issue of non-filing or under-filing of returns,” Langrial said. He clarified that 95 percent of the households would be not affected by the Tax Laws (Amendment) Bill, 2024. The finance minister was confident that the bill would play an important role in taking the tax-to-GDP ratio from the existing 10.3 percent to 13 percent in the next five years. The tax-to GDP ratio of our neighboring country stands at 18 percent. There is a tax gap of approximately Rs5 trillion. The sales tax gap was Rs3 trillion during 2023-24 whereas the income tax gap stood at Rs2 trillion during the period, Langrial told the committee. He said out of 62,000 registered entities, only 42,000 were actively paying sales tax. Any failure to pay sales tax is more unethical compared to the income tax-evasion. The proposed amendments seek to improve the sales tax collection mechanisms, he added. Senator Syed Shibli Faraz also inquired about the potential impact of amendments on broadening the tax base. Responding, the FBR chairman predicted that the tax-to-GDP ratio could rise to approximately 13% over the next four to five years, driven by increased revenues from sales tax, income tax, and customs duties. Finance Minister Mohammad Aurangzeb said credibility and trust gap existed which needed to be overcome. Under the FBR’s transformation plan, he said top priority was given to restoring confidence and trust in the tax authority. He said the element of corruption and harassment would abolish, tax base would broaden and revenue leakage as well as under-filing would curtail. “My sympathy is with the salaried class, as I am paying high tax like super tax/CVT on the salaried income,” Aurangzeb said. Rightsizing of all the ministries is also underway, he said. The finance minister said the government had interacted with associations, including retailers and wholesalers, and it was very clear that everyone had to contribute to the economy. “If we fail to collect taxes from the non-compliant sector, then what we will do in next budget? Will we again increase taxes on the already overburdened taxpayers like the manufacturing sector and salaried class?” he asked. Syed Shibli Faraz asked whether the bill should be classified as a money bill or an ordinary bill. Secretary Law and Justice Raja Naeem Akbar clarified that the bill should be treated as a money bill, citing Article 73(2) and Article 75 of the Constitution of Pakistan as the legal basis. Senator Syed Shibli Faraz emphasized the urgent need to restore public confidence in the tax authorities, asserting that no substantial progress could be made without winning the public trust. In response, the minister for finance outlined the government’s commitment to rebuilding this trust through the introduction of “People Process Technology” initiative. He reiterated the government’s empathy towards the salaried class and stressed that efforts were underway to create a fair balance between different socioeconomic classes.March to promote Ayushman card
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Residents feel the chill as mercury accelerates its downward slideNEW YORK , Dec. 2, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global wine e-commerce market size is estimated to grow by USD 15.18 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 9.46% during the forecast period. Increasing preference for online shopping is driving market growth, with a trend towards increase in purchases of alcoholic beverages by minors. However, complex regulatory environment poses a challenge. Key market players include Bright Cellars Inc., Costco Wholesale Corp., DRINKS Insiders LLC, E vino Comercio de Vinhos SA, Flaviar Inc., Fratelli Wines Pvt. Ltd., Gifts Inc., GoBrands Inc., IBEROWINE GOURMET S.C., Living Liquidz, Naked Wines plc, RESERVEBAR HOLDINGS CORP., Retail Services and Systems Inc., SNAP41 Inc., The Wine Emporium, Uber Technologies Inc., VINELLO retail GmbH, Vintage Wine Estates Inc., Vivino Inc., and Wine Inc.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Key Market Trends Fueling Growth The global wine e-commerce market faces a substantial challenge with underage purchases of alcoholic beverages, which can negatively impact market growth. According to the International Alliance for Responsible Drinking, underage drinking is a major public health concern, affecting over 200 million youth globally and costing the economy over USD400 billion annually. In the US, around 30% of online wine retailers lack age verification procedures. To mitigate this risk, wine sellers and retailers are implementing age verification software and third-party services. However, these solutions can be costly, making it a significant challenge for smaller producers and retailers. Therefore, addressing underage purchases is crucial for the growth of the global wine e-commerce market. The wine e-commerce market is experiencing significant growth, with increasing numbers of consumers choosing online platforms for their wine purchases. Commerces are providing a wide range of wines, from local to international brands, making it convenient for consumers. The trend of alcohol delivery services has also contributed to the growth of this market. Consumers can now order wines online and have them delivered to their doorstep. Additionally, the use of technology such as virtual tastings and personalized recommendations has made the wine buying experience more engaging and enjoyable for consumers. The convenience, variety, and innovative features offered by wine e-commerce platforms make them a popular choice for wine lovers. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The global wine e-commerce market faces regulatory challenges due to varying laws and regulations in different jurisdictions. In the US, each state sets its own rules for wine sales and shipment, creating a complex marketplace. The ongoing trade dispute between the US and EU over tariffs on steel and aluminum has led to US tariffs on European wines, impacting imports and causing logistical challenges for the wine industry. These regulations restrict wine transportation and add complexity to the e-commerce market, potentially hindering its growth. The wine e-commerce market faces several challenges in providing a seamless experience for customers. These include complexities in shipping and delivery, particularly with perishable items. Regulations and differing laws in various regions add complexity. Customer preferences for specific types and vintages require extensive inventory management. Security of transactions and customer data is a major concern. Additionally, competition is fierce, requiring effective marketing and competitive pricing strategies. Logistics and technology are key areas for improvement, with the need for efficient supply chain management and user-friendly websites. Overall, the wine e-commerce industry requires a strategic approach to overcome these challenges and provide a satisfying shopping experience. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This wine e-commerce market report extensively covers market segmentation by 1.1 Still wine 1.2 Sparkling wine 1.3 Fortified wine 2.1 Red wine 2.2 White wine 2.3 Rose wine 3.1 Europe 3.2 North America 3.3 APAC 3.4 South America 3.5 Middle East and Africa 1.1 Still wine- The still wine segment dominates the global wine e-commerce market, accounting for the majority of online wine sales. This segment caters to various consumer preferences, offering a wide range of wines from diverse regions and grape varieties. E-commerce platforms provide consumers with convenient access to a vast selection of still wines, including premium and high-end options. Subscription services enable personalized wine deliveries and expand consumers' wine knowledge. The preference for premium still wines is driving the growth of the global wine e-commerce market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) Research Analysis The Wine E-commerce Market represents a significant segment of the global alcoholic beverages industry, catering to the convenience needs of consumers in the digital age. E-commerce platforms enable the selection and home delivery of wines, reaching an expanding base of shoppers worldwide. The market encompasses various stakeholders, including wine sellers and retailers, who leverage internet penetration to expand their customer base. Online auctions provide collectors and enthusiasts with unique opportunities to purchase rare and premium wines. However, the online sales process raises concerns regarding underage purchases, a public health issue that necessitates age verification software. The complex regulatory environment, characterized by a patchwork of different sale and distribution jurisdictions, adds to the challenges faced by market participants. Market Research Overview The Wine e-commerce market is a thriving sector in the digital economy, offering consumers the convenience of purchasing their favorite wines online. This market caters to various segments, including red, white, rose, and sparkling wines, as well as organic and biodynamic options. E-commerce platforms provide extensive information on wine varieties, regions, and producers, enabling customers to make informed decisions. Shops offer various delivery options, including next-day and same-day delivery, ensuring a seamless shopping experience. Selection is a crucial factor, with many stores offering a wide range of wines from around the world. Additionally, features like wine recommendations based on past purchases and ratings, as well as educational content, add value to the customer journey. Overall, the Wine e-commerce market is a dynamic and competitive space, driven by consumer demand for convenience, variety, and knowledge. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Product Type Still Wine Sparkling Wine Fortified Wine Flavor Red Wine White Wine Rose Wine Geography Europe North America APAC South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
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Prospera Financial Services Inc lowered its holdings in CMS Energy Co. ( NYSE:CMS – Free Report ) by 13.0% during the third quarter, HoldingsChannel reports. The fund owned 12,330 shares of the utilities provider’s stock after selling 1,843 shares during the period. Prospera Financial Services Inc’s holdings in CMS Energy were worth $871,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also made changes to their positions in the business. TruNorth Capital Management LLC increased its stake in CMS Energy by 431.3% in the second quarter. TruNorth Capital Management LLC now owns 712 shares of the utilities provider’s stock valued at $42,000 after purchasing an additional 578 shares during the last quarter. Innealta Capital LLC acquired a new stake in CMS Energy during the 2nd quarter worth $43,000. Covestor Ltd raised its stake in CMS Energy by 206.1% during the 3rd quarter. Covestor Ltd now owns 701 shares of the utilities provider’s stock worth $50,000 after acquiring an additional 472 shares in the last quarter. Values First Advisors Inc. acquired a new stake in CMS Energy during the 3rd quarter worth $56,000. Finally, Voisard Asset Management Group Inc. raised its stake in CMS Energy by 25.7% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 798 shares of the utilities provider’s stock worth $56,000 after acquiring an additional 163 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock. Insider Buying and Selling In other CMS Energy news, SVP Brandon J. Hofmeister sold 2,000 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $68.17, for a total value of $136,340.00. Following the sale, the senior vice president now owns 64,771 shares of the company’s stock, valued at $4,415,439.07. This represents a 3.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . 0.40% of the stock is owned by insiders. Wall Street Analysts Forecast Growth Get Our Latest Report on CMS CMS Energy Trading Up 0.4 % Shares of CMS Energy stock opened at $69.52 on Friday. The firm has a market cap of $20.77 billion, a price-to-earnings ratio of 19.86, a price-to-earnings-growth ratio of 2.73 and a beta of 0.41. CMS Energy Co. has a 52-week low of $55.10 and a 52-week high of $72.40. The company’s 50-day simple moving average is $69.72 and its 200-day simple moving average is $65.48. The company has a quick ratio of 0.83, a current ratio of 1.23 and a debt-to-equity ratio of 1.86. CMS Energy ( NYSE:CMS – Get Free Report ) last released its quarterly earnings data on Thursday, October 31st. The utilities provider reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.88 billion. CMS Energy had a net margin of 14.01% and a return on equity of 12.81%. The firm’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.61 earnings per share. As a group, equities research analysts anticipate that CMS Energy Co. will post 3.33 earnings per share for the current year. CMS Energy Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be issued a dividend of $0.515 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $2.06 dividend on an annualized basis and a yield of 2.96%. This is an increase from CMS Energy’s previous quarterly dividend of $0.51. CMS Energy’s payout ratio is currently 58.86%. CMS Energy Company Profile ( Free Report ) CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Featured Stories Want to see what other hedge funds are holding CMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CMS Energy Co. ( NYSE:CMS – Free Report ). Receive News & Ratings for CMS Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMS Energy and related companies with MarketBeat.com's FREE daily email newsletter .Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says