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MML Investors Services LLC purchased a new position in shares of Oklo Inc. ( NYSE:OKLO – Free Report ) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,850 shares of the company’s stock, valued at approximately $104,000. Several other institutional investors and hedge funds also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Oklo during the 3rd quarter worth approximately $104,000. Stifel Financial Corp acquired a new position in Oklo in the 3rd quarter valued at approximately $104,000. National Bank of Canada FI bought a new position in shares of Oklo during the third quarter valued at $105,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Oklo during the third quarter valued at $135,000. Finally, DRW Securities LLC acquired a new position in shares of Oklo during the third quarter worth $404,000. Institutional investors and hedge funds own 85.03% of the company’s stock. Oklo Price Performance Shares of NYSE OKLO opened at $22.78 on Friday. Oklo Inc. has a twelve month low of $5.35 and a twelve month high of $28.12. The firm has a fifty day simple moving average of $21.61 and a 200 day simple moving average of $12.98. Analysts Set New Price Targets Check Out Our Latest Stock Analysis on Oklo Insiders Place Their Bets In related news, Director Richard Kinzley acquired 5,000 shares of Oklo stock in a transaction dated Monday, December 23rd. The stock was bought at an average price of $19.95 per share, with a total value of $99,750.00. Following the transaction, the director now directly owns 5,000 shares in the company, valued at $99,750. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website . Also, CEO Jacob Dewitte sold 230,569 shares of the business’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $21.61, for a total transaction of $4,982,596.09. Following the transaction, the chief executive officer now owns 12,543,085 shares in the company, valued at $271,056,066.85. The trade was a 1.81 % decrease in their position. The disclosure for this sale can be found here . Company insiders own 21.80% of the company’s stock. About Oklo ( Free Report ) Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California. See Also Want to see what other hedge funds are holding OKLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oklo Inc. ( NYSE:OKLO – Free Report ). Receive News & Ratings for Oklo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oklo and related companies with MarketBeat.com's FREE daily email newsletter .Barclays PLC boosted its stake in Aehr Test Systems ( NASDAQ:AEHR – Free Report ) by 27.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 140,525 shares of the semiconductor company’s stock after purchasing an additional 30,119 shares during the quarter. Barclays PLC’s holdings in Aehr Test Systems were worth $1,807,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently made changes to their positions in the company. The Manufacturers Life Insurance Company increased its position in shares of Aehr Test Systems by 7.5% during the second quarter. The Manufacturers Life Insurance Company now owns 11,045 shares of the semiconductor company’s stock worth $123,000 after acquiring an additional 769 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Aehr Test Systems by 3.8% during the 2nd quarter. Rhumbline Advisers now owns 39,333 shares of the semiconductor company’s stock worth $439,000 after purchasing an additional 1,438 shares in the last quarter. Bouvel Investment Partners LLC raised its holdings in shares of Aehr Test Systems by 3.5% in the 3rd quarter. Bouvel Investment Partners LLC now owns 58,233 shares of the semiconductor company’s stock valued at $748,000 after purchasing an additional 1,981 shares during the period. nVerses Capital LLC acquired a new stake in Aehr Test Systems during the 2nd quarter valued at $25,000. Finally, Truvestments Capital LLC bought a new position in shares of Aehr Test Systems during the third quarter worth approximately $36,000. Institutional investors and hedge funds own 69.69% of the company’s stock. Aehr Test Systems Trading Up 1.4 % AEHR stock opened at $16.51 on Friday. The firm has a 50-day moving average price of $13.10 and a 200-day moving average price of $13.64. The stock has a market capitalization of $489.21 million, a P/E ratio of 16.85 and a beta of 1.94. Aehr Test Systems has a 12 month low of $9.83 and a 12 month high of $28.95. Wall Street Analyst Weigh In Separately, StockNews.com lowered shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a research report on Saturday, October 5th. Get Our Latest Report on AEHR Aehr Test Systems Company Profile ( Free Report ) Aehr Test Systems provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, and package part form, and installed systems worldwide. Its product portfolio includes FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize range of devices, including silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices. Recommended Stories Want to see what other hedge funds are holding AEHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aehr Test Systems ( NASDAQ:AEHR – Free Report ). Receive News & Ratings for Aehr Test Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aehr Test Systems and related companies with MarketBeat.com's FREE daily email newsletter .
Presidents Biden, Trump, and Clinton laud the legacy of former President Jimmy Carter
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Make sure to sign up for this great offer in time for UFC on ESPN on Saturday, December 14th! More stories on Sports Betting Pittsburgh Steelers at Philadelphia Eagles predictions: Who will win the Keystone State clash? FanDuel promo for TNF: Get $150 in bonus bets, just win your bet New DraftKings promo for Rams vs. 49ers: Get up to $150 in bonus betsJASPER, Ind.--(BUSINESS WIRE)--Nov 21, 2024-- Kimball Electronics, Inc. (Nasdaq: KE) was honored for achieving the Highest Overall Customer Ratings in seven categories of CIRCUITS ASSEMBLY’S 2024 Service Excellence Awards: Dependability/Timely Delivery, Manufacturing Quality, Responsiveness, Technology, Value for the Price, Flexibility, and Overall Satisfaction. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241121252822/en/ CIRCUITS ASSEMBLY, a leading industry publication covering the mixed-technology electronics assembly marketplace, recognized companies that received the highest customer service ratings, as judged by their own customers. The awards were recently presented during a ceremony at the Surface Mount Technology Association (SMTA) International Conference. The awards are presented to outstanding Electronics Manufacturing Services (EMS) providers, as well as to suppliers of electronics assembly equipment, materials, and software. The results, based solely on direct customer input, are an indication of outstanding achievement in service excellence. Customers of the participants rated EMS providers in seven service categories: Dependability/Timely Delivery, Manufacturing Quality, Responsiveness, Technology, Value for the Price, Flexibility, and Overall Satisfaction. Kimball Electronics was honored for achieving the highest customer ratings in all seven service categories for EMS companies with annual sales over $500 million. Ric Phillips, the CEO of Kimball Electronics, expressed his pride in the team’s unwavering commitment to fostering long-term relationships with all customers, whether they are new or have been partners for many years. Phillips emphasized, “Receiving Service Excellence Awards in all seven categories is incredibly rewarding. Customers appreciate collaborating with a dedicated team that shares common goals and values.” He credited the hard work and commitment of the global Kimball Electronics team for enabling continuous improvement and providing service excellence to their customers. “We appreciate our customers for selecting Kimball Electronics as their preferred partner. Our dedication to exceptional customer service has been key in fostering enduring relationships. A big congratulations to our global team for embodying our guiding principles and consistently meeting or surpassing our customers’ expectations,” stated Kathy Thomson, Chief Commercial Officer of Kimball Electronics. Kimball Electronics has participated in the Service Excellence Awards for the past eleven consecutive years, winning awards for excellence in multiple categories in 2015, 2016, 2017, and 2019. Kimball Electronics won the award for Highest Overall Customer Rating in 2014, 2018, 2020, and 2021. In 2022, Kimball Electronics received awards in all seven award categories, including two newly added categories. In 2023, Kimball Electronics received Highest Overall Customer Ratings in four of the seven categories. And now for 2024, Kimball Electronics received awards in all seven award categories. This is the 32nd year CIRCUITS ASSEMBLY has sponsored the awards program. About Kimball Electronics, Inc. Kimball Electronics is a global, multifaceted manufacturing solutions provider of electronics and diversified contract manufacturing services to customers around the world. From our operations in the United States, China, Mexico, Poland, Romania, and Thailand, our teams are proud to provide manufacturing services for a variety of industries. Recognized for a reputation of excellence, we are committed to a high-performance culture that values personal and organizational commitment to quality, reliability, value, speed, and ethical behavior. Kimball Electronics, Inc. (Nasdaq: KE) is headquartered in Jasper, Indiana. To learn more about Kimball Electronics, visit: www.kimballelectronics.com . Lasting relationships. Global success. View source version on businesswire.com : https://www.businesswire.com/news/home/20241121252822/en/ CONTACT: Mary Leah Siegel Senior Director, Brand Marketing 812.634.4000 kemarketing@kimballelectronics.com KEYWORD: INDIANA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY ENGINEERING CHEMICALS/PLASTICS HEALTH AUTOMOTIVE MANUFACTURING MANUFACTURING AUTOMOTIVE VEHICLE TECHNOLOGY OTHER TECHNOLOGY MEDICAL DEVICES HARDWARE OTHER MANUFACTURING SEMICONDUCTOR MEDICAL SUPPLIES SOURCE: Kimball Electronics, Inc. Copyright Business Wire 2024. PUB: 11/21/2024 04:30 PM/DISC: 11/21/2024 04:30 PM http://www.businesswire.com/news/home/20241121252822/enFrom Juliana Taiwo-Obalonye, Abuja In response to former governor of Rivers State, Peter Odili, the minister of the Federal Capital Territory (FCT), Nyesom Wike, said that “an elder statesman should not be a trader and a sycophant all the time.” According Senior Special Assistant to the FCT Minister on Public Communications and New Media, Lere Olayinka, Wike, who was speaking at the Special Thanksgiving Service organized by Speaker of the Rivers State House of Assembly, Martin Chike Amaewhule, at the Church of Nigeria (Anglican Communion), Oro-Igwe/Eliogbolo Archdeaconry Church of the Holy Spirit, Eliozu Parish, Port Harcourt on Sunday, said it was unfortunate that somebody who is supposed to be seen as an elder statesman and called a father can reduce himself to a sycophant and a trader. He asked: “Must you be a trader all the time? As governor for eight years, what else are you looking for?” The Minister said: “You know, I didn’t want to say anything. But somebody called me last night, and told me what someone said in the social media. I said until I read it myself. This morning, I read in the newspapers, what our former Governor, Sir Dr Peter Odili said. “What did he say? He said that the present governor has been able to stop one man who wanted to convert Rivers State to his personal estate. “Between him and myself, who has turned Rivers State to his personal estate? His wife is a Chairman of Governing Council, his daughter is a commissioner, his other daughter is a judge and he is the general overseer. Who has now turned Rivers State to his private estate? I am sure if care is not taken, if there is a chance, he can even arrange a marriage for the governor. “It was his nephew, his late senior brother’s son that was recommended for commissioner. He took the slot and gave it to his own daughter. Someone who didn’t remember to stand for the son of his late elder brother, is that an elder statesman?” Wike added said it was painful that Dr Odili, out of political sycophancy, has forgotten all that he said in the past, adding that; “All of you here remember when I was governor, this same Odili praised me to high heaven. In fact, he said then that all past governors in Rivers State combined did not do better than me. “In 2007 after he left office, he couldn’t come near power in the State because Amaechi was the governor then. He was gone! “Like somebody said that God will use someone to lift up someone. When I came in as governor in 2015, I won’t use the word resurrected, but I brought him back to life. “All of us know about PAMO University. But for us, there wouldn’t have been anything called PAMO University. Rivers State was sponsoring 100 students per session and for every semester, each of the students was paying nothing less than N5m. Then, Rivers people were attacking me up and down. “I personally called Julius Berger to build a mansion for him to live. He was calling everyone to the house then, telling them, come and see what Wike has done for me. Wike has shown me love. He was taking them round the house. “Now, because you have organized a Christmas Carol for the governor, I didn’t say you should not do your Christmas Carol. But why reduce yourself to such a laughing stock. People will still see it on television how he was telling the whole world then how God used me to bring him back to life politically. “Why not do your Christmas Carol, collect what you can collect and leave me alone? “The governor that all of us made has not spent one year in office and the same Odili was already saying that the governor has beaten the records of all the past governors of Rivers State. “When I was there, he said I had surpassed the records of all the past governors, including himself. What can he even show that he did in his eight years as governor? But a governor has not spent one year, you are saying he has done more than all the past governors. “You spent eight years as governor and someone who hasn’t spent one year has surpassed your records, what manner of elder talk like that? Is that what an elder statesman should be known for? “When I was governor, my pictures were everywhere in his house. Sitting room, bedroom, kitchen, even in the toilet, my picture was everywhere. But today, all the pictures have been removed.” Asking what can be learned from such a sycophantic elder statesman, Wike said; “What can I learn from this kind of elder? What kind of advice can one get from him. This moment you are saying something, the next moment you are saying something else. “You see, if your children begin to ask you, is this not the same man you were praising before? What would you tell them?” On the State governorship issue, the Minister asked; “When I was plotting who will be governor after me, was he (Odili) there? Then, he was complaining about this governor, saying that he couldn’t stand before the public to talk. But today, he is organizing Christmas Carol for the same governor he was against then. “He has forgotten all that he said in the past. I named this after you, I named that after your wife. What have I not done? “You said we should not be part of the government, we have left. We are managing, you have taken assembly money, they are not dying of hunger and they will not die of hunger. We are okay. I’m focusing on my job in Abuja and all these sycophancy won’t take him to the level I have attained. “This is a man who wanted to run for president then, he didn’t have the balls, he chickened out. Simply because Obasanjo said no, he will not contest, he ran away. Because of him, I never invited Obasanjo to Rivers State to commission projects. I felt it will humiliate him.”https://static.bangkokpost.com/media/content/20241127/c1_2909427_241127051103_700.jpg
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Daily Post Nigeria IGP expresses shock, sadness over death of two retired senior police officers Home News Politics Metro Entertainment Sport News IGP expresses shock, sadness over death of two retired senior police officers Published on December 28, 2024 By Matthew Atungwu The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, has expressed deep shock and sadness over the passing of two retired senior officers: Retired DIG Moses Ambakina Jitoboh and Pastor Bola Longe (AIG Rtd.). Retired DIG Moses Jitoboh, who served as the Deputy Inspector-General of Police in the Department of Information & Communications Technology (ICT) at Force Headquarters before his retirement in 2023, passed away in the early hours of Friday, December 27, 2024, after a brief illness. Pastor Bola Longe (AIG Rtd.), who served as the Commissioner of Police in Nasarawa State and as the Assistant Inspector-General of Police in charge of Federal Operations at Force Headquarters Abuja before his retirement in 2021, passed away on Sunday, December 22, 2024. IGP Egbetokun, in a statement signed by the Force Public Relations Officer, ACP Olumuyiwa Adejobi, acknowledged the immense contributions of these officers to the Nigeria Police Force, their dedication to service, and their unwavering integrity. He stated that their passing is a great loss to the entire Nigeria Police Force. According to him, “On behalf of the officers of the Nigeria Police Force, the IGP extends his heartfelt condolences to the families, friends, and colleagues of the late Retired DIG Moses Jitoboh and Pastor Bola Longe (AIG Rtd.), praying for solace during this difficult time. May their souls rest in peace.” Related Topics: IGP Kayode Adeolu Egbetokun police Don't Miss Pause law threatening TikTok ban -Trump tells US Supreme Court You may like Police arrest suspected armed robbers, cattle rustlers, recover 34 cows in Nasarawa Police confirm abduction of 7-year-old girl in Ogun Mutane 2 sun rasa rayukansu a hadarin mota a Jigawa Police arrest notorious kidnapper, recover arms, others in Kaduna Police arrest 22 suspected criminals, recover dangerous weapons on Christmas Day Police detain man for slitting friend’s throat in Kogi Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media LtdChess grandmaster Magnus Carlsen returns to a tournament after a dispute over jeans is resolved
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Arvinas, Inc. ( NASDAQ:ARVN – Get Free Report ) dropped 3.3% during mid-day trading on Thursday . The company traded as low as $18.09 and last traded at $18.11. Approximately 35,509 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 734,522 shares. The stock had previously closed at $18.73. Wall Street Analysts Forecast Growth Several research analysts have commented on ARVN shares. Guggenheim reaffirmed a “buy” rating on shares of Arvinas in a research report on Thursday, December 12th. HC Wainwright restated a “buy” rating and set a $87.00 target price on shares of Arvinas in a research report on Wednesday, December 11th. Oppenheimer reduced their price target on shares of Arvinas from $50.00 to $40.00 and set an “outperform” rating for the company in a research report on Thursday, October 31st. Cantor Fitzgerald reissued an “overweight” rating on shares of Arvinas in a research report on Monday, September 9th. Finally, BTIG Research started coverage on shares of Arvinas in a report on Tuesday, December 10th. They issued a “buy” rating and a $69.00 target price for the company. One equities research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, Arvinas has a consensus rating of “Moderate Buy” and an average price target of $63.50. Read Our Latest Stock Report on ARVN Arvinas Price Performance Arvinas ( NASDAQ:ARVN – Get Free Report ) last issued its earnings results on Wednesday, October 30th. The company reported ($0.68) EPS for the quarter, topping the consensus estimate of ($0.88) by $0.20. The company had revenue of $102.40 million for the quarter, compared to analysts’ expectations of $60.56 million. Arvinas’s revenue for the quarter was up 196.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.18) earnings per share. As a group, research analysts predict that Arvinas, Inc. will post -3.22 earnings per share for the current fiscal year. Institutional Inflows and Outflows A number of hedge funds have recently added to or reduced their stakes in ARVN. nVerses Capital LLC purchased a new stake in shares of Arvinas during the 3rd quarter worth approximately $39,000. Quest Partners LLC acquired a new position in shares of Arvinas during the 2nd quarter worth $42,000. Amalgamated Bank boosted its position in shares of Arvinas by 29.6% in the 2nd quarter. Amalgamated Bank now owns 2,223 shares of the company’s stock worth $59,000 after buying an additional 508 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Arvinas by 21.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,483 shares of the company’s stock valued at $61,000 after acquiring an additional 440 shares during the last quarter. Finally, Quantbot Technologies LP grew its stake in Arvinas by 147.3% in the 3rd quarter. Quantbot Technologies LP now owns 4,367 shares of the company’s stock valued at $108,000 after acquiring an additional 2,601 shares during the last quarter. 95.19% of the stock is owned by hedge funds and other institutional investors. Arvinas Company Profile ( Get Free Report ) Arvinas, Inc, a clinical-stage biotechnology company, engages in the discovery, development, and commercialization of therapies to degrade disease-causing proteins. The company engineers proteolysis targeting chimeras (PROTAC) targeted protein degraders that are designed to harness the body’s own natural protein disposal system to degrade and remove disease-causing proteins. See Also Receive News & Ratings for Arvinas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arvinas and related companies with MarketBeat.com's FREE daily email newsletter .
Kendall Jenner shares glimpse into festive Christmas eve partyBayan al-Hinnawi, who spent years behind bars in Bashar al-Assad's Syria, joined crowds in the heartland of the Druze minority on Friday to celebrate the president's fall, "a dream" come true for the former prisoner. Hundreds of people descended on Sweida's main square, singing and clapping in jubilation, just days after Islamist-led rebels took the capital Damascus, sending Assad fleeing. The Druze-majority city in Syria's south has been a focal point of renewed anti-government demonstrations over the past year and a half. On Friday, residents waved Syria's pre-Assad flag of white, green and black with three stars, and raised olive branches in a sign of peace. Some of them have lost family members during the anti-government uprising that began in 2011 and spiralled into civil war. Others, like Hinnawi, had languished in prison under the Assad family's five-decade rule. "It was a dream," said 77-year-old Hinnawi of Assad's ouster. Decades ago, a few years after Hafez al-Assad seized power -- which he later handed over to his son Bashar -- a 23-year-old Hinnawi was jailed. He was released 17 years later. The grey-haired man said he had "dreamed that one day the regime would fall", but did not believe that he would live to see the day. "It's a wonderful sight. Nobody could have imagined that this could happen", he said. - 'Dignity' - But his joy was incomplete, remembering the many who have died in jail. "I wish that those who died when I was imprisoned in Mazzeh or Saydnaya could see this scene," said Hinnawi. Since Assad's fall, rebel forces and residents have broken into both detention centres, freeing political prisoners and searching for long-missing loved ones. Activists and rights groups say the Assad government tortured and abused inmates at both facilities. "I got out when I was 40, I missed out of my whole life," said Hinnawi, who served in the Syrian army before being jailed. Recalling torture behind bars, he said that "no oppressor in history has done what they did to us." Since Sunday, the ousted government's security forces were nowhere to be seen in Sweida, and the office of Assad's Baath party has been abandoned, as have army checkpoints on the road to Damascus. Local armed men are present, but not the Islamist group Hayat Tahrir al-Sham which spearheaded the rebel offensive against Assad. Siham Zein al-Din, who lost her son in 2014 after he defected from the national army to join rebel fighters, said he had "sacrificed his life... for freedom, for dignity". The family was still searching for Khaldun's remains, said his 60-year-old mother. Like her son, some members of the Druze community took up arms against Assad's forces during the war. - A brother's congratulations - The Druze, who also live in Lebanon, Israel and the Israeli-occupied Golan Heights, make up about three percent of Syria's population, around 700,000 people. Beyond defending themselves from attacks in the areas where they live, Syria's Druze largely stayed on the sidelines of the civil war. Many managed to avoid compulsory conscription since 2011. Residents of Sweida have long complained of discrimination and the lack of basic services. Many buildings in the city are constructed from black volcanic stone that can be found in the area, and its roads have fallen into disrepair. Sheikh Marwan Hussein Rizk, a religious leader, said that "Sweida province has been marginalised" for decades, with most of its residents living in poverty. But, surrounded by the joyful protesters, Rizk said better days may be coming. "Today, we look to the future and ask for a helping hand... Our hand is extended to all Syrians." Next to him, resident Hussein Bondok held up a poster of his brother Nasser, a journalist and opposition activist who was last heard from in 2014 when he was arrested. Bondok, 54, said he believes his brother was likely killed under torture in one of Damascus's prisons. Nasser struggled for freedom, Bondok said. "I want to congratulate him now, because the seeds he had planted with his brothers-in-arms has become a tree." lk/ami/itHill & Smith ( OTCMKTS:HSHPF – Get Free Report ) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,400 shares, a growth of 2,300.0% from the November 30th total of 100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 24.0 days. Hill & Smith Price Performance Shares of HSHPF stock opened at $25.82 on Friday. The stock has a 50 day simple moving average of $25.81 and a 200-day simple moving average of $19.78. Hill & Smith has a 12-month low of $25.82 and a 12-month high of $25.82. Further Reading Receive News & Ratings for Hill & Smith Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hill & Smith and related companies with MarketBeat.com's FREE daily email newsletter .
NEW YORK (AP) — Top-ranked chess player Magnus Carlsen is headed back to the World Blitz Championship on Monday after its governing body agreed to loosen a dress code that got him fined and denied a late-round game in another tournament for refusing to change out of jeans . Lamenting the contretemps, International Chess Federation President Arkady Dvorkovich said in a statement Sunday that he'd let World Blitz Championship tournament officials consider allowing “appropriate jeans” with a jacket, and other “elegant minor deviations” from the dress code. He said Carlsen's stand — which culminated in his quitting the tournament Friday — highlighted a need for more discussion “to ensure that our rules and their application reflect the evolving nature of chess as a global and accessible sport.” Carlsen, meanwhile, said in a video posted Sunday on social media that he would play — and wear jeans — in the World Blitz Championship when it begins Monday. “I think the situation was badly mishandled on their side,” the 34-year-old Norwegian grandmaster said. But he added that he loves playing blitz — a fast-paced form of chess — and wanted fans to be able to watch, and that he was encouraged by his discussions with the federation after Friday's showdown. “I think we sort of all want the same thing,” he suggested in the video on his Take Take Take chess app’s YouTube channel. “We want the players to be comfortable, sure, but also relatively presentable.” The events began when Carlsen wore jeans and a sportcoat Friday to the Rapid World Championship, which is separate from but held in conjunction with the blitz event. The chess federation said Friday that longstanding rules prohibit jeans at those tournaments, and players are lodged nearby to make sartorial switch-ups easy if needed. An official fined Carlsen $200 and asked him to change pants, but he refused and wasn't paired for a ninth-round game, the federation said at the time. The organization noted that another grandmaster, Ian Nepomniachtchi, was fined earlier in the day for wearing sports shoes, changed and continued to play. Carlsen has said that he offered to wear something else the next day, but officials were unyielding. He said “it became a bit of a matter of principle,” so he quit the rapid and blitz championships. In the video posted Sunday, he questioned whether he had indeed broken a rule and said changing clothes would have needlessly interrupted his concentration between games. He called the punishment “unbelievably harsh.” “Of course, I could have changed. Obviously, I didn’t want to,” he said, and “I stand by that.”Gianno Caldwell: My colleague Pete Hegseth is the right man to make our military sane againNoneFraport AG (OTCMKTS:FPRUY) Short Interest Up 2,000.0% in December