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The High Court of Justice on Wednesday rejected a petition demanding that Prime Minister Benjamin Netanyahu be forced to recuse himself from his post as he testifies in his corruption trial next week, after both the prime minister and the attorney general argued for the petition’s dismissal. The petition was led by a group of lawyers who sought to force Netanyahu’s removal from office for the duration of his testimony in court, which is expected to last several weeks. He will likely need to testify several days a week unless other arrangements are approved. Asked to respond to the petition earlier this week, Netanyahu argued that according to law and past court decisions, the prime minister can serve in his position until convicted, and said the option of recusal was irrelevant under the current circumstances. Attorney General Gali Baharav-Miara also argued that the court should reject the petition. In the court’s response to the petition, High Court Justice Ruth Ronnen acknowledged that while the long hours Netanyahu will spend on the witness stand would “make things difficult,” it was not reason enough to conclude that he would be “prevented from functioning as prime minister” during his trial. According to the Ynet news outlet, Ronnen posited that “the petitioners did not lay a factual basis that establishes grounds for determining that during his testimony on the witness stand, Netanyahu will be prevented from performing his duties as prime minister, and even less so regarding the hours between the hearings, when the respondent will not be in court and will not be testifying.” Meanwhile, High Court Justice Alex Stein argued that the petition was political in nature rather than judicial. “Knowing that a prime minister can and may serve in his position in the shadow of criminal proceedings — proceedings that will include the testimony of a defendant who chooses to testify in his defense — the petitioners’ claim that he is ‘incapacitated’ falls apart,” wrote Stein. “The petitioners complain about the reduced time in which the prime minister can devote all his energy to fulfilling his crucial and complex duties, but this argument is not a legal one,” Stein asserted, “it is clearly a political one.” Netanyahu has been charged with fraud and breach of trust in two cases and with bribery, fraud, and breach of trust in a third. He was indicted in January 2020, and a trial encompassing all three cases began in May of that year at the Jerusalem District Court. His time in court testifying in his corruption trial will begin on December 10, having been pushed back from December 2 after the court partially accepted a request by defense lawyers for a delay, over concerns that they would not be able to prepare for the landmark appearance in time due to Netanyahu’s intense schedule as he deals with the wars Israel is fighting in Gaza and other fronts. Also due to the war, the testimony will take place in an underground courtroom in Tel Aviv because the Jerusalem courtroom was deemed not secure enough. Media outlets have submitted a request to broadcast it live. The Kan public broadcaster, meanwhile, reported that Netanyahu had asked the Jerusalem District Court on Wednesday to reduce his expected testimony in his corruption trial from three times a week to twice a week, citing his busy schedule due to security meetings and the need for communication with officials abroad. He also asked not to testify on consecutive days and to push back his start time each day to 10 a.m. According to Channel 12, he also asked to finish each day no later than 3 p.m. In the request, the premier also said he would like to speak with the judges behind closed doors before he begins testifying, Kan reported. No reason was offered. Netanyahu has consistently denied any wrongdoing and has claimed without evidence that the charges are fabricated in a witch hunt led by the police and state prosecution. The trial has faced criticism over the slow pace of proceedings. As things stand, the proceedings, including potential appeals, have been seen as unlikely to end before 2028-2029.Islanders host the Red Wings after Palmieri's 2-goal game Detroit Red Wings (8-10-2, in the Atlantic Division) vs. New York Islanders (8-8-5, in the Metropolitan Division) Elmont, New York; Monday, 7:30 p.m. Canadian Press Nov 24, 2024 1:12 AM Nov 24, 2024 1:20 AM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Detroit Red Wings (8-10-2, in the Atlantic Division) vs. New York Islanders (8-8-5, in the Metropolitan Division) Elmont, New York; Monday, 7:30 p.m. EST BOTTOM LINE: The New York Islanders host the Detroit Red Wings after Kyle Palmieri scored two goals in the Islanders' 3-1 win against the St. Louis Blues. New York has an 8-8-5 record overall and a 3-3-2 record in home games. The Islanders have a 2-3-1 record when they commit more penalties than their opponent. Detroit is 8-10-2 overall and 4-5-1 on the road. The Red Wings have gone 3-3-2 in games their opponents serve fewer penalty minutes. The teams meet Monday for the third time this season. The Red Wings won the last meeting 2-1. TOP PERFORMERS: Bo Horvat has five goals and nine assists for the Islanders. Maxim Tsyplakov has over the last 10 games. Alex DeBrincat has eight goals and nine assists for the Red Wings. Albert Johansson has over the past 10 games. LAST 10 GAMES: Islanders: 4-3-3, averaging 2.7 goals, 4.7 assists, 2.6 penalties and 5.5 penalty minutes while giving up 2.6 goals per game. Red Wings: 4-5-1, averaging 2.2 goals, 3.5 assists, 2.2 penalties and 4.4 penalty minutes while giving up 2.5 goals per game. INJURIES: Islanders: None listed. Red Wings: None listed. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar . The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Hockey San Jose brings losing streak into game against Los Angeles Nov 24, 2024 1:12 AM Flames visit the Senators after shootout win Nov 24, 2024 1:12 AM Panthers bring losing streak into matchup with the Capitals Nov 24, 2024 1:12 AM
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We needed it – Pep Guardiola relieved to end Man City’s winless run
NoneThe No. 7 Alabama Crimson Tide traveled to Norman on Saturday night to take on the Oklahoma Sooners, aiming to keep their hopes of making the SEC Championship Game and College Football Playoff alive. Things didn’t go as planned, essentially ending Alabama’s chances of playing meaningful postseason football this year. The Tide were held without a touchdown in a 24-3 loss and dropped its third game of the season, a mark that hasn't been reached since 2010. The offense struggled to find any rhythm, with quarterback Jalen Milroe completing just 11-of-26 passes for 164 yards, no touchdowns, and three interceptions. No one expected it to be easy in head coach Kalen DeBoer’s first season after taking over for the legendary Nick Saban. However, few anticipated the Tide would have three losses, including two to Vanderbilt and Oklahoma—teams currently sitting in the lower half of the SEC in 2024. © BRYAN TERRY/THE OKLAHOMAN / USA TODAY NETWORK via Imagn Images Alabama fans have been spoiled by years of success, a level of dominance many college football fanbases can only dream of—18 national championships, including six since 2009. But now, at 8-3, with little to no chance of making the College Football Playoff, their frustration is boiling over. After the game, they took to social media to reveal their feelings. "Worst coached team since Shula," one fan said . "3 points bruh im still trying to process this," a fan stated . "I'm beyond caring," one added . I thought Bill O' Brien and Pete Golding were bad. I stand corrected." "That I put too much of my happiness and wellbeing into Alabama sports," said a fan . "Bipolar team that can beat Georgia, LSU, S. Carolina & lose to Vandy & Oklahoma," added another . "Coaching & Milroe very inconsistent. Very concerned for the future." "Last time we scored 3 points was in 2004," said another . "I was there!" "I don’t think Kalen Deboer understands his position fully," one added . © John David Mercer-Imagn Images Alabama will face its in-state rival, the Auburn Tigers, in its regular-season finale next Saturday. Kickoff in Tuscaloosa is scheduled for 3:30 p.m. ET on ABC. Related: Fans Are Making Jokes After Seeing Alabama’s Defensive Play Sheet On SaturdayAt least one Israeli airstrike shook the Lebanese capital of Beirut late Tuesday, moments after U.S. President Joe Biden said Israel and Hezbollah had agreed to ceasefire deal . At least 24 people have been killed in strikes across Lebanon, according to local authorities, as Israel signaled it aims to keep pummeling Hezbollah before the ceasefire is set to take hold at 4 a.m. local time on Wednesday. Hezbollah also fired rockets into Israel on Tuesday, triggering air raid sirens across the country’s north. An Israel-Hezbollah ceasefire would mark the first major step toward ending the regionwide unrest triggered by Hamas’ attack on Israel on Oct. 7, 2023. But it does not address the devastating war in Gaza. Hezbollah began attacking Israel on Oct. 8, 2023, a day after Hamas’ attack on southern Israel, in support of the Palestinian militant group. More than a year of fighting in Lebanon escalated into all-out war in September with massive Israeli airstrikes across the country and an Israeli ground invasion of the south. In Gaza, more than 44,000 people have been killed and more than 104,000 wounded in the nearly 14-month war between Israel and Hamas, according to Gaza’s Health Ministry. Here's the Latest: JERUSALEM — Prime Minister Benjamin Netanyahu’s security Cabinet has approved a ceasefire deal with Hezbollah, clearing the way for the truce to take effect. Netanyahu’s office said the plan was approved by a 10-1 margin. The late-night vote came shortly before President Joe Biden was expected to announced details of the deal in Washington. Earlier, Netanyahu defended the ceasefire, saying Israel has inflicted heavy damage on Hezbollah and could now focus its efforts on Hamas militants in Gaza and his top security concern, Iran. Netanyahu vowed to strike Hezbollah hard if it violates the expected deal. WASHINGTON — Rep. Mike Waltz, President-elect Donald Trump’s designate to be national security adviser, credited Trump’s victory with helping bring the parties together toward a ceasefire in Lebanon. “Everyone is coming to the table because of President Trump,” he said in a post on X on Tuesday. “His resounding victory sent a clear message to the rest of the world that chaos won’t be tolerated. I’m glad to see concrete steps towards deescalation in the Middle East.” He added: “But let’s be clear: The Iran Regime is the root cause of the chaos & terror that has been unleashed across the region. We will not tolerate the status quo of their support for terrorism.” BEIRUT — Israeli jets targeted a building in a bustling commercial area of Beirut for the first time since the start of the 13-month war between Hezbollah and Israel. The strike on Hamra is around 400 meters (yards) from the country’s central bank. A separate strike hit the Mar Elias neighborhood in the country’s capital Tuesday. There was no immediate word on casualties from either strike, part of the biggest wave of attacks on the capital since the war started. Residents in central Beirut were seen fleeing after the Israeli army issued evacuation warnings for four targets in the city. Meanwhile, the Israeli army carried out airstrikes on at least 30 targets in Beirut’s southern suburbs Tuesday, including two strikes in the Jnah neighborhood near the Kuwaiti Embassy. Lebanon’s Health Ministry reported that 13 people were injured in the strikes on the southern suburbs. BEIRUT — Hezbollah has said it accepts the ceasefire proposal with Israel, but a senior official with the group said Tuesday that it had not seen the agreement in its final form. “After reviewing the agreement signed by the enemy government, we will see if there is a match between what we stated and what was agreed upon by the Lebanese officials,” Mahmoud Qamati, deputy chair of Hezbollah’s political council, told the Al Jazeera news network. “We want an end to the aggression, of course, but not at the expense of the sovereignty of the state.” of Lebanon, he said. “Any violation of sovereignty is refused.” Among the issues that may remain is an Israeli demand to reserve the right to act should Hezbollah violate its obligations under the emerging deal. The deal seeks to push Hezbollah and Israeli troops out of southern Lebanon. JERUSALEM — Israeli Prime Minister Benjamin Netanyahu said Tuesday that he would recommend his Cabinet adopt a United States-brokered ceasefire agreement with Lebanon’s Hezbollah, as Israeli warplanes struck across Lebanon, killing at least 23 people. The Israeli military also issued a flurry of evacuation warnings — a sign it was aiming to inflict punishment on Hezbollah down to the final moments before any ceasefire takes hold. For the first time in the conflict, Israeli ground troops reached parts of Lebanon’s Litani River, a focal point of the emerging deal. In a televised statement, Netanyahu said he would present the ceasefire to Cabinet ministers later on Tuesday, setting the stage for an end to nearly 14 months of fighting. Netanyahu said the vote was expected later Tuesday. It was not immediately clear when the ceasefire would go into effect, and the exact terms of the deal were not released. The deal does not affect Israel’s war against Hamas in Gaza, which shows no signs of ending. BEIRUT — Lebanon’s state media said Israeli strikes on Tuesday killed at least 10 people in Baalbek province the country’s east. At least three people were killed in the southern city of Tyre when Israel bombed a Palestinian refugee camp, said Mohammed Bikai, a representative of the Fatah group in the area. He said several more people were missing and at least three children were among the wounded. He said the sites struck inside the camp were “completely civilian places” and included a kitchen that was being used to cook food for displaced people. JERUSALEM — Dozens of Israeli protesters took to a major highway in Tel Aviv on Tuesday evening to call for the return of the hostages held by Hamas in Gaza, as the country awaited news of a potential ceasefire in Lebanon between Israel and Hezbollah. Protesters chanted “We are all hostages,” and “Deal now!” waving signs with faces of some of the roughly 100 hostages believed to be still held in Gaza, at least a third of whom are thought to be dead. Most of the other hostages Hamas captured in the Oct. 7, 2023 attack were released during a ceasefire last year. The prospect of a ceasefire deal in Lebanon has raised desperation among the relatives of captives still held in Gaza, who once hoped that the release of hostages from Gaza would be included. Instead of a comprehensive deal, the ceasefire on the table is instead narrowly confined to Lebanon. Dozens of Israelis were also demonstrating against the expected cease-fire, gathering outside Israel’s military headquarters in central Tel Aviv. One of the protesters, Yair Ansbacher, says the deal is merely a return to the failed 2006 U.N. resolution that was meant to uproot Hezbollah from the area. “Of course that didn’t happen,” he says. “This agreement is not worth the paper it is written on.” FIUGGI, Italy — Foreign ministers from the world’s industrialized countries said Tuesday they strongly supported an immediate ceasefire between Israel and Hezbollah and insisted that Israel comply with international law in its ongoing military operations in the region. At the end of their two-day summit, the ministers didn’t refer directly to the International Criminal Court and its recent arrest warrants for Israeli Prime Minister Benjamin Netanyahu and his former defense minister over crimes against humanity . Italy had put the ICC warrants on the official meeting agenda, even though the G7 was split on the issue. The U.S., Israel’s closest ally, isn’t a signatory to the court and has called the warrants “outrageous.” However, the EU’s chief diplomat Josep Borrell said all the other G7 countries were signatories and therefore obliged to respect the warrants. In the end, the final statement adopted by the ministers said Israel, in exercising its right to defend itself, “must fully comply with its obligations under international law in all circumstances, including international humanitarian law.” And it said all G7 members — Canada, France, Germany, Italy, Japan, the United Kingdom and the United States – “reiterate our commitment to international humanitarian law and will comply with our respective obligations.” It stressed that “there can be no equivalence between the terrorist group Hamas and the State of Israel.” The ICC warrants say there's reason to believe Netanyahu used “starvation as a method of warfare” by restricting humanitarian aid and intentionally targeted civilians in Israel’s campaign against Hamas in Gaza — charges Israeli officials deny. BEIRUT — An Israeli strike on Tuesday levelled a residential building in the central Beirut district of Basta — the second time in recent days warplanes have hit the crowded area near the city’s downtown. At least seven people were killed and 37 wounded in Beirut, according to Lebanon’s Health Ministry. It was not immediately clear if anyone in particular was targeted, though Israel says its airstrikes target Hezbollah officials and assets. The Israeli military spokesman issued a flurry of evacuation warnings for many areas, including areas in Beirut that have not been targeted throughout the war, like the capital’s commercial Hamra district, where many people displaced by the war have been staying. The warnings, coupled with fear that Israel was ratcheting up attacks in Lebanon during the final hours before a ceasefire is reached, sparked panic and sent residents fleeing in their cars to safer areas. In areas close to Hamra, families including women and children were seen running away toward the Mediterranean Sea’s beaches carrying their belongings. Traffic was completely gridlocked as people tried to get away, honking their car horns as Israeli drones buzzed loudly overhead. The Israeli military also issued warnings for 20 more buildings in Beirut’s suburbs to evacuate before they too were struck — a sign it was aiming to inflict punishment on Hezbollah in the final moments before any ceasefire takes hold. TEL AVIV, Israel — The independent civilian commission of inquiry into the October 2023 Hamas attack on Israel has found Prime Minister Benjamin Netanyahu directly responsible for the failures leading up to the attack, alongside former defense ministers, the army chief and the heads of the security services. The civil commission presented its findings today after a four-month probe in which it heard some 120 witnesses. It was set up by relatives of victims of the Hamas attack, in response to the absence of any state probe. The commission determined that the Israeli government, its army and security services “failed in their primary mission of protecting the citizens of Israel.” It said Netanyahu was responsible for ignoring “repeated warnings” ahead of Oct. 7, 2023 for what it described as his appeasing approach over the years toward Hamas, and for “undermining all decision-making centers, including the cabinet and the National Security Council, in a way that prevented any serious discussion” on security issues. The commission further determined that the military and defense leaders bear blame for ignoring warnings from within the army, and for reducing the army’s presence along the Gaza border while relying excessively on technological means. On the day of the Hamas attack, the report says, the army’s response was both slow and lacking. The civil commission called for the immediate establishment of a state commission of inquiry into the Oct. 7 attack. Netanyahu has opposed launching a state commission of inquiry, arguing that such an investigation should begin only once the war is over. JERUSALEM -- The Israeli military says its ground troops have reached parts of Lebanon’s Litani River — a focal point of the emerging ceasefire. In a statement Tuesday, the army said it had reached the Wadi Slouqi area in southern Lebanon and clashed with Hezbollah forces. Under a proposed ceasefire, Hezbollah would be required to move its forces north of the Litani, which in some places is some 30 kilometers (20 miles) north of the Israeli border. The military says the clashes with Hezbollah took place on the eastern end of the Litani, just a few kilometers (miles) from the border. It is one of the deepest places Israeli forces have reached in a nearly two-month ground operation. The military says soldiers destroyed rocket launchers and missiles and engaged in “close-quarters combat” with Hezbollah forces. The announcement came hours before Israel’s security Cabinet is expected to approve a ceasefire that would end nearly 14 months of fighting. BEIRUT — Israeli jets Tuesday struck at least six buildings in Beirut’s southern suburbs Tuesday, including one that slammed near the country’s only airport. Large plumes of smoke could be seen around the airport near the Mediterranean coast, which has continued to function despite its location beside the densely populated suburbs where many of Hezbollah’s operations are based. The strikes come hours before Israel’s cabinet was scheduled to meet to discuss a proposal to end the fighting between Israel and Hezbollah. The proposal calls for an initial two-month ceasefire during which Israeli forces would withdraw from Lebanon and Hezbollah would end its armed presence along the southern border south of the Litani River. There were no immediate reports of casualties from Tuesday’s airstrikes. FIUGGI, Italy — EU top diplomat Josep Borrell, whose term ends Dec. 1, said he proposed to the G7 and Arab ministers who joined in talks on Monday that the U.N. Security Council take up a resolution specifically demanding humanitarian assistance reach Palestinians in Gaza, saying deliveries have been completely impeded. “The two-state solution will come later. Everything will come later. But we are talking about weeks or days,” for desperate Palestinians, he said. “Hunger has been used as an arm against people who are completely abandoned.” It was a reference to the main accusation levelled by the International Criminal Court in its arrest warrants against Israeli Prime Minister Benjamin Netanyahu and his former defense minister. Borrell said the signatories to the court, including six of the seven G7 members, are obliged under international law to respect and implement the court’s decisions. Host Italy put the ICC warrants on the G7 agenda at the last minute, but there was no consensus on the wording of how the G7 would respond given the U.S., Israel’s closest ally, has called the warrants “outrageous.” Italy, too, has said it respects the court but expressed concern that the warrants were politically motivated and ill-advised given Netanyahu is necessary for any deal to end the conflicts in Gaza and Lebanon. “Like it or not, the International Criminal Court is a court as powerful as any national court,” Borrell said. “And if the Europeans don’t support International Criminal Court then there would not be any hope for justice,” he said. Borrell, whose term ends Dec. 1, said he proposed to the G7 and Arab ministers who joined in talks on Monday that the U.N. Security Council take up a resolution specifically demanding humanitarian assistance reach Palestinians in Gaza, saying deliveries have been completely impeded. “The two-state solution will come later. Everything will come later. But we are talking about weeks or days,” for desperate Palestinians, he said. “Hunger has been used as an arm against people who are completely abandoned.” It was a reference to the main accusation levelled by the International Criminal Court in its arrest warrants against Israeli Prime Minister Benjamin Netanyahu and his former defense minister. Borrell said the signatories to the court, including six of the seven G7 members, are obliged under international law to respect and implement the court’s decisions. Host Italy put the ICC warrants on the G7 agenda at the last minute, but there was no consensus on the wording of how the G7 would respond given the U.S., Israel’s closest ally, has called the warrants “outrageous.” Italy, too, has said it respects the court but expressed concern that the warrants were politically motivated and ill-advised given Netanyahu is necessary for any deal to end the conflicts in Gaza and Lebanon. “Like it or not, the International Criminal Court is a court as powerful as any national court,” Borrell said. “And if the Europeans don’t support International Criminal Court then there would not be any hope for justice,” he said. (edited)
Pep Guardiola spoke of his relief after Manchester City finally got back to winning ways with a comfortable 3-0 defeat of Nottingham Forest on Wednesday. The champions had descended into crisis after a run of seven games without a win – six of which were defeats and the other an embarrassing 3-3 draw after leading 3-0. Four of those losses had come in the Premier League, heavily damaging their chances of claiming a fifth successive title, but they appeared to turn the corner by sweeping Forest aside at the Etihad Stadium. “We needed it,” said City manager Guardiola. “The club, the players, everyone needed to win. “But it is just one game and in three days we are at Selhurst Park, where it has always been difficult. “We played good. We still conceded some transitions and missed some easy things and lost some passes that you have to avoid, but in general, the most important thing was to break this routine of not winning games and we won it.” Kevin De Bruyne, making his first start since September after overcoming a pelvic injury, made a huge difference to a side that appeared rejuvenated. His powerful header was turned in by Bernardo Silva for the opening goal and the Belgian followed up with a powerful strike to make it 2-0. The 33-year-old is out of contract at the end of the season but it was a strong riposte to recent suggestions of a rift with Guardiola. A sweet strike 💥 ⚡️ #HighSpeedMoments | @eAndGroup pic.twitter.com/WJOkfKo2zr — Manchester City (@ManCity) December 4, 2024 “I’m so happy for him,” said Guardiola of De Bruyne’s telling contribution. “Last season he was many months injured and this season as well. “I’m so happy he’s back. He fought a lot, he’s worked and he’s back with his physicality. The minutes he played in Anfield were really good and today he played 75 fantastic minutes.” Jeremy Doku wrapped up a pleasing win when he finished a rapid counter-attack just before the hour but there was still a downside for City with injuries to defenders Nathan Ake and Manuel Akanji. Guardiola said: “For Nathan it doesn’t look good and Manu has struggled a lot over the last two months. We will see. “Phil (Foden) has bronchitis but when he doesn’t have fever he will be ready.” Despite City’s dominance, Forest did have some bright moments and manager Nuno Espirito Santo was not downbeat. He said: “When you lose 3-0 and you say it was a good performance maybe people don’t understand, but I will not say that was a bad performance. “There are positive things for us in the game. Of course there are a lot of bad things, mistakes, but we had chances. “We didn’t achieve but I think we come out proud of ourselves because we tried. For sure, this game will allow us to grow.”
Brown & Brown ( NYSE:BRO – Free Report ) had its target price increased by Barclays from $108.00 to $119.00 in a report published on Thursday morning, Benzinga reports. They currently have an equal weight rating on the financial services provider’s stock. BRO has been the topic of several other reports. Truist Financial upped their price target on shares of Brown & Brown from $116.00 to $118.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Keefe, Bruyette & Woods raised their target price on shares of Brown & Brown from $86.00 to $92.00 and gave the company an “underperform” rating in a research note on Friday, July 26th. Wells Fargo & Company lifted their price target on Brown & Brown from $112.00 to $114.00 and gave the stock an “overweight” rating in a report on Thursday, October 10th. Royal Bank of Canada upped their price objective on Brown & Brown from $113.00 to $118.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group lifted their target price on Brown & Brown from $98.00 to $104.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $107.42. Check Out Our Latest Report on BRO Brown & Brown Trading Up 1.2 % Brown & Brown ( NYSE:BRO – Get Free Report ) last posted its quarterly earnings results on Monday, October 28th. The financial services provider reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Brown & Brown had a return on equity of 17.12% and a net margin of 22.65%. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same period last year, the company earned $0.71 earnings per share. The business’s revenue was up 11.0% compared to the same quarter last year. On average, equities analysts expect that Brown & Brown will post 3.74 earnings per share for the current fiscal year. Brown & Brown Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 13th. Shareholders of record on Wednesday, November 6th were issued a $0.15 dividend. The ex-dividend date was Wednesday, November 6th. This represents a $0.60 dividend on an annualized basis and a yield of 0.54%. This is an increase from Brown & Brown’s previous quarterly dividend of $0.13. Brown & Brown’s payout ratio is currently 16.35%. Insider Transactions at Brown & Brown In other news, Chairman Hyatt J. Brown sold 134,640 shares of the company’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $104.51, for a total transaction of $14,071,226.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Insiders own 17.02% of the company’s stock. Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently bought and sold shares of BRO. Studio Investment Management LLC raised its holdings in shares of Brown & Brown by 1.5% during the 3rd quarter. Studio Investment Management LLC now owns 6,513 shares of the financial services provider’s stock worth $675,000 after buying an additional 96 shares in the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of Brown & Brown by 0.5% during the second quarter. Oregon Public Employees Retirement Fund now owns 20,339 shares of the financial services provider’s stock worth $1,819,000 after purchasing an additional 100 shares during the last quarter. Trust Point Inc. increased its stake in shares of Brown & Brown by 4.3% in the third quarter. Trust Point Inc. now owns 2,519 shares of the financial services provider’s stock valued at $261,000 after buying an additional 103 shares during the period. Creative Planning raised its holdings in Brown & Brown by 0.4% in the 3rd quarter. Creative Planning now owns 29,892 shares of the financial services provider’s stock valued at $3,097,000 after buying an additional 112 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its holdings in Brown & Brown by 0.5% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 22,929 shares of the financial services provider’s stock worth $2,375,000 after acquiring an additional 113 shares during the last quarter. Institutional investors and hedge funds own 71.01% of the company’s stock. About Brown & Brown ( Get Free Report ) Brown & Brown, Inc markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment provides property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control survey and analysis, consultancy, and claims processing services. See Also Receive News & Ratings for Brown & Brown Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brown & Brown and related companies with MarketBeat.com's FREE daily email newsletter .None
Debbie Weinstein, the company’s UK and Ireland managing director, said Google was ‘engaged actively’ with the Government on the topic of AI. Google is interested in building more AI infrastructure in the UK but needs the “right conditions”, the company’s UK boss has said. Debbie Weinstein, the technology company’s UK and Ireland managing director, said Google was “engaged actively” with the Government regarding future infrastructure and investments during a visit to the new AI Campus in north London. The Prime Minister also attended the centre on Wednesday where he said he wanted the UK and London to be the “best place in the world to start and scale” an AI business. The education facility in Somers Town was launched through a partnership between Google, Camden Council and Camden Learning and aims to inspire a new generation of AI talent through educating young people and teachers. Speaking to reporters at the campus, Ms Weinstein said: “We hope to build more here and continue to invest here, we obviously have a huge new facility opening next year or so. “We’d like to build more here, it is true. “We need to have the right conditions for that, which is around sort of energy costs, access to clean energy, and some of the other infrastructure topics we’ve been pretty public about needing to happen here, but we’re engaged actively with the Government, and hope to be able to make more investments in the future.” Ms Weinstein said it was important that AI was “regulated well” because of its power and that the Government had the “right approach” to issues related to the technology and safety in particular. She added that the “challenge and opportunity” of the rapidly evolving technology is to “be bold about taking advantage of the opportunities”, including potential improvements to healthcare. “So right now, I feel that I support regulation of AI in the areas around safety, and I think it’s important that we also get guardrails so that the opportunity can come forward as well,” she said.
Moderna Inc. stock underperforms Wednesday when compared to competitorsKansas center Hunter Dickinson ejected for kicking Duke's Maliq Brown in the head
Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Rome senior Jaedon Harmon (1) looks to the sideline during a win over earlier this year. Rome senior Maddie Oates (10) sets a teammate during a win over Gilmer Rome’s Rae Sykes Jr. (9) dives for a tackle in a game against Etowah last season. Rome senior Elise Wooddell crosses the finish line during the 32nd Ridge Ferry Invitational. Wooddell won the girls race by more than 16 seconds.
Stock market today: Tech stocks and AI pull Wall Street to more records
