A man arrested in connection with the fatal shooting of UnitedHealthcare chief executive Brian Thompson has been named as Luigi Mangione. The 26-year-old was arrested on a firearms charge by police in Altoona , Pennsylvania, on Monday morning, following the shooting of Mr Thompson by a masked gunman in Manhattan last Wednesday. He has not been charged with the killing of Mr Thompson, officials said on Monday. Detectives from the New York City Police Department (NYPD) have travelled to Pennsylvania to question Mangione. Here's what we know about him so far... Arrest According to officials from the NYPD, Mangione was arrested in Altoona on Monday after a tip-off from a McDonald's employee who recognised him from the police appeals. Altoona is around 230 miles to the west of New York and in the state of Pennsylvania. According to police, he had a silencer and a gun "both consistent with the weapon used in the murder". They said the gun appeared to be a "ghost gun" - a type of weapon that can be assembled at home from parts and without a serial number - and that it was possibly made using a 3D printer. Mangione also had a fake New Jersey ID - with the name Mark Rosario - matching a document used by the suspect to check into a hostel in the city before the attack, NYPD Commissioner Jessica Tisch told a press conference on Monday. He was found carrying a "handwritten document" which Ms Tisch said spoke "to both his motivation and mindset". NYPD chief of detectives Joseph Kenny said that from the document, it appeared the suspect had "some ill-will towards corporate America". Background According to police, Mangione was born and raised in the state of Maryland and has links to San Francisco in California and Hawaii's capital Honolulu. His social media lists him as being from Towson, a well-to-do area to the north of the city of Baltimore. He is said to have attended Gilman school - a private all-boys school in the city. Fees cost up to $37,000 (£29,000) depending on the age of the student and the school boasts an impressive list of alumni, including businessmen, NFL stars and former state senators. After graduating in 2016, it appears Mangione went on to attend the University of Pennsylvania. According to his social media, he studied computer science and during his time there launched a gaming research group named UPGRADE (UPenn Game Research and Development Environment). He later co-founded his own computer game company, which focused on small, simplistic games. Follow our channel and never miss an update According to his LinkedIn page, Mangione moved to California in 2020, where he worked for a digital retailing website for new and used cars. Magione lists himself as from Honolulu on his LinkedIn page, while pictures shared on his public Instagram page show him on the island of Hawaii. What about his social media presence? Mangione appears to have an active social media presence. One account, appearing under his name and picture on the X platform, regularly shares and reposts think pieces, with frequent topics such as artificial intelligence (AI), philosophy, and the future of humanity in a world of ever-more powerful technology. The account praised the book What's Our Problem? by the popular American author Tim Urban - who often addresses such topics - in January 2024 saying he "believed it would go down in history as the most important philosophical text of the early 21st century". While the account does address political issues, it seemingly does not express views on the American healthcare and insurance system. In another account matching his name and photograph on the user-generated book review site Goodreads, he appeared to give a four-star review to a text called Industrial Society and Its Future by Theodore Kaczynski. Be the first to get Breaking News Install the Sky News app for free Read more: Trump gushes over 'handsome' William Record $765m for sports star Shooting prompts US healthcare debate The piece, which rallied against technological advancement, became known as the Unabomber Manifesto after its author began a nearly 20-year mail bombing campaign which he said was designed to protect nature. Three people were killed and dozens others injured in the bombing campaign, which ended with his arrest in 1996. In the review, the account seemingly run by Mangione wrote: "When all other forms of communication fail, violence is necessary to survive. You may not like his methods, but to see things from his perspective, it's not terrorism, it's war and revolution. "'Violence never solved anything' is a statement uttered by cowards and predators." Brian Thompson shooting Brian Thompson, 50, was the chief executive of UnitedHealthcare - the fourth-largest public company in the United States. He was targeted by what experts claim was a "seasoned, professional killer", who shot him on 4 December as he was walking into a Manhattan hotel where his company was holding a conference. Investigators said last week the words "defend", "deny", and "depose" were written on the cases of bullets found at the scene, which are similar to the title of a book that criticises health insurance companies. The shooting happened at 6.45am on Wednesday 4 December - just before sunrise. Mr Thompson was in New York City for UnitedHealthcare's annual investors conference, which was due to start at 8am. As he walked towards the entrance of the Hilton hotel on Sixth Avenue, in Manhattan's midtown, a gunman appeared from two parked cars behind him. The suspect drew his weapon and fired at least three times at close range - around 15ft (4.6m) away from him on the pavement. Mr Thompson was shot in the back and the calf and died from his injuries. UnitedHealthcare is the largest provider of Medicare Advantage plans in the US and manages insurance for employers and state and federally funded programmes. It is the fourth largest public company in the country - behind Walmart, Amazon, and Apple.Uncovering the Secrets of Polymarket: The Future of Decentralized Prediction Markets 12-09-2024 09:42 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire Welcome to the cutting-edge world of prediction markets, where platforms like Polymarket are changing the game for investors and speculators. Prediction markets allow users to bet on real-world events, providing a fascinating blend of financial forecasting and market speculation. As technology advances, these markets are moving towards decentralization, promising increased transparency and security. Image: https://revbit.net/wp-content/uploads/2024/12/polymarket-1024x640.png Polymarket Overview Polymarket stands as a groundbreaking player in the prediction market scene, offering users a glimpse into the future of decentralized platforms. Its appeal lies in the seamless integration of blockchain technology with traditional prediction methods, making it an attractive option for those interested in financial forecasting and market speculation. With its user-friendly interface, Polymarket opens the door for newcomers to explore the prediction market landscape with ease. At the core of Polymarket's offering is its ability to provide real-time data and community-driven insights. By leveraging the Ethereum network, this prediction platform ensures efficient trading and access to a wide range of markets. Users can speculate on various events, from political outcomes to sports results, all while benefiting from the transparency and security offered by blockchain technology. Polymarket's unique model combines the best of both worlds-traditional prediction markets and cutting-edge cryptocurrency technology. This innovative approach attracts a diverse group of users, from seasoned investors to curious newcomers. The platform's popularity continues to grow as it offers an engaging experience that fosters community involvement and collaboration. The platform's rise in popularity is no accident. Its hybrid model, which blends centralized and decentralized elements, provides a streamlined user experience that sets it apart from fully decentralized competitors. This approach allows for quicker transaction times and broader market access, making Polymarket a strong contender in the ever-evolving prediction market landscape. How Decentralized Prediction Markets Work Decentralized prediction markets have emerged as a revolutionary force, leveraging blockchain technology to transform how users place bets on future events. These markets operate on the principles of transparency and security, providing participants with a trustworthy environment to engage in financial forecasting and speculation. By utilizing blockchain technology, decentralized prediction platforms eliminate the need for intermediaries, reducing fees and enhancing trust among users. In these markets, participants bet on the outcomes of various events, ranging from political elections to sports competitions. By tapping into the wisdom of the crowd, users contribute to a collective intelligence that helps predict event outcomes. This dynamic not only encourages active participation but also incentivizes accurate predictions by rewarding successful participants. One of the key features of decentralized prediction markets is the use of smart contracts and oracles. Smart contracts are self-executing agreements that automatically enforce the terms of a bet, while oracles provide the necessary data to resolve the outcomes of events. Together, they ensure that market resolutions are transparent, secure, and reliable. Decentralization breaks down geographical barriers, allowing users from around the world to participate in these markets. This global reach fosters a diverse and dynamic community, enriching the prediction market space with a wide range of perspectives and insights. As a result, decentralized prediction platforms are becoming an essential tool for investors and speculators seeking to capitalize on market trends. Polymarket vs. Competitors When it comes to prediction markets, Polymarket sets itself apart from competitors like Augur and Gnosis by offering a unique blend of centralized and decentralized elements. While many platforms focus solely on decentralization, Polymarket strikes a balance that enhances speed and efficiency. This hybrid approach ensures a more streamlined user experience, allowing for quicker transactions and broader market access. Competitors such as Augur and Gnosis prioritize full decentralization, which can sometimes limit their speed and efficiency. In contrast, Polymarket's hybrid model allows it to provide a seamless experience that caters to both novice and experienced users. The platform's focus on user engagement and community-driven insights fosters a dynamic atmosphere that encourages active participation. Polymarket's community-driven approach stands out in the prediction market industry. By empowering users to create and participate in events, the platform fosters a sense of ownership and collaboration. This user-centric focus not only differentiates Polymarket from its competitors but also contributes to its growing popularity among prediction market enthusiasts. The hybrid model adopted by Polymarket enables faster transaction times and broader market access, making it an appealing choice for users looking for an efficient trading experience. This approach also allows the platform to maintain a strong presence in the prediction market space, attracting notable investors and gaining recognition as a leader in the industry. Unique Features of Polymarket Polymarket's seamless integration of blockchain technology with traditional prediction markets sets it apart from other platforms. This innovative approach offers users the best of both worlds, allowing them to benefit from the security and transparency of blockchain while enjoying the familiar experience of traditional prediction markets. As a result, Polymarket has become a go-to platform for those seeking a reliable and user-friendly prediction market experience. One of Polymarket's standout features is its diverse range of markets, covering everything from politics to sports. This variety allows users to explore and participate in events that align with their interests and expertise. By offering a wide array of markets, Polymarket caters to a broad audience, attracting both casual and serious investors alike. The platform emphasizes user engagement through community-driven event creation. By allowing users to create and participate in events, Polymarket fosters a sense of ownership and collaboration among its community. This focus on user involvement not only enhances the overall experience but also contributes to the platform's reputation as a dynamic and engaging prediction market. Polymarket's user interface is designed with ease of use in mind, making it accessible to both novices and experts. The platform's intuitive design ensures that users can quickly navigate and participate in events, regardless of their familiarity with prediction markets. This user-friendly approach has played a significant role in Polymarket's success and growing popularity. Impact of Polymarket on the Crypto Community Polymarket has made waves in the crypto community by introducing innovative prediction mechanisms that challenge traditional notions of decentralization. Its hybrid model, which combines centralized and decentralized elements, offers a unique perspective on how prediction markets can operate within the crypto space. This approach has sparked discussions and debates among crypto enthusiasts, highlighting the potential for new and exciting developments in the prediction market space. The platform encourages crypto enthusiasts to participate in speculative markets, providing them with opportunities to explore and invest in various events. By offering a diverse range of markets, Polymarket attracts a wide audience, from seasoned investors to curious newcomers. This inclusivity has contributed to the platform's growing influence within the crypto community. Polymarket's hybrid model challenges traditional notions of decentralization, prompting discussions on the balance between centralization and efficiency. By offering a more streamlined user experience, the platform has demonstrated that there is room for innovation within the prediction market space. This approach has inspired other platforms to consider hybrid models, potentially shaping the future of the industry. The community benefits from increased market liquidity and diverse investment opportunities, thanks to Polymarket's dynamic and collaborative environment. By fostering a sense of community and encouraging active participation, the platform enhances market insights and predictions. This collaborative atmosphere has made Polymarket an influential player in the prediction market space. Risks and Trust in Polymarket Predictions [ https://revbit.net/ ] When engaging with Polymarket, it's crucial to consider the potential risks related to market volatility and prediction accuracy. While the platform offers a secure prediction market experience, users must remain vigilant and informed about market dynamics and prediction strategies. By understanding these risks, participants can make more informed decisions and manage their investments effectively. Trust in Polymarket [ https://revbit.net/ ] predictions is bolstered by the platform's transparent use of blockchain technology. By leveraging the Ethereum network, Polymarket ensures that users can rely on the security and integrity of their transactions. This transparency is a key factor in building trust among users and attracting new participants to the platform. Despite its innovative approach, Polymarket's hybrid nature may raise concerns about centralization and control. While the platform offers a streamlined user experience, some users may question the degree of decentralization and its impact on fairness and autonomy. Addressing these concerns and maintaining transparency is essential for Polymarket to continue building trust and credibility. Educating users on market dynamics and prediction strategies is crucial for managing risks and fostering a secure prediction market environment. By providing resources and support, Polymarket can empower users to make informed decisions and navigate the challenges of prediction markets with confidence. The Future of Decentralized Prediction Markets Decentralized prediction markets are poised for significant growth as advancements in blockchain technology continue to unfold. These markets offer a glimpse into the future of financial forecasting and speculation, providing users with transparent, secure, and efficient platforms to engage with. As technology evolves, the potential for innovation within the prediction market industry is vast and exciting. Polymarket's innovative model may shape the future direction of decentralized prediction markets. By offering a hybrid approach that combines the best of centralized and decentralized elements, Polymarket has demonstrated that there is room for new ideas and developments within the industry. This approach could inspire other platforms to explore hybrid models, leading to further advancements and growth in the prediction market space. The integration of AI and machine learning into prediction markets could enhance prediction accuracy and offer users even more valuable insights. These technologies have the potential to revolutionize how prediction markets operate, providing users with advanced tools to analyze and predict event outcomes. As these technologies become more prevalent, the prediction market industry is likely to experience significant transformation. Regulatory developments will play a crucial role in the evolution of prediction markets. As governments and regulatory bodies continue to explore the implications of blockchain technology, prediction platforms like Polymarket must navigate the challenges and opportunities that arise. By staying informed and adapting to regulatory changes, these platforms can continue to thrive and shape the future of the industry. Polymarket Whales and their Influence Whales on Polymarket, or large-scale investors, can significantly impact market dynamics and outcomes. These influential participants often shape market sentiment through substantial bets, affecting the behavior and decisions of other users. Understanding the role of whales in prediction markets is essential for making informed predictions and investment decisions. Polymarket provides tools for analyzing whale activity, offering insights to smaller investors looking to navigate the prediction market landscape. By understanding whale behavior, participants can gain valuable insights into market trends and make more informed decisions. This knowledge can be a powerful tool for those seeking to maximize their returns and navigate the complexities of prediction markets. The presence of whales highlights the importance of market liquidity and participant diversity in prediction markets. By attracting a diverse range of participants, platforms like Polymarket can ensure a dynamic and engaging prediction market experience. This diversity not only enhances market insights but also fosters a sense of community and collaboration among users. Understanding whale behavior can aid in making informed predictions and investment decisions, providing users with a competitive edge in the prediction market space. By analyzing whale activity and its impact on market dynamics, participants can better navigate the challenges and opportunities that arise in prediction markets. The Role of Polymarket in Shaping the Prediction Market Industry Polymarket plays a crucial role in redefining how prediction markets operate and evolve. Its hybrid approach, which combines centralized and decentralized elements, sets a precedent for future prediction market models. By offering a more streamlined user experience, Polymarket has demonstrated that there is room for innovation and growth within the industry. The platform's [ https://revbit.net/]community-driven focus encourages innovation and user engagement, fostering a dynamic and collaborative environment. By empowering users to create and participate in events, Polymarket has cultivated a sense of ownership and collaboration that enhances the overall prediction market experience. Polymarket's success prompts discussions on the balance between decentralization and efficiency, inspiring further advancements in prediction technology. By challenging traditional notions of decentralization, the platform has opened the door for new ideas and developments within the industry. This approach has the potential to shape the future of prediction markets and influence industry standards. Polymarket continues to influence industry standards, inspiring further advancements in prediction technology. By staying at the forefront of innovation and embracing new ideas, the platform has established itself as a leader in the prediction market space. Its success and influence have set the stage for future developments and growth within the industry. In conclusion, Polymarket's [ https://revbit.net/blog/ ] innovative approach to prediction markets has positioned it as a leader in the industry. By combining traditional prediction methods with cutting-edge blockchain technology, the platform offers users a unique and engaging experience. As the prediction market industry continues to evolve, Polymarket's success and influence will undoubtedly play a significant role in shaping its future. What do you think about the balance [ https://revbit.net/blog/guide/polymarket ] between decentralization and efficiency in prediction markets? Share your thoughts in the comments below! Disclaimer: This release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements. Media Contact Company Name: Revbit Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=uncovering-the-secrets-of-polymarket-the-future-of-decentralized-prediction-markets ] Country: Seychelles Website: https://revbit.net/?utm_source=abnw This release was published on openPR.The OpenAI Sora protest is just a taste of what’s coming in 2025 – here’s what needs to change
Gaetz didn't lay out his plans now that he's out of office.Automotive Sunroof Growth: From USD 4.97B in 2022 to USD 13.4B by 2031
Kanye West’s Wife Bianca Censori Flaunts Her Curves in Skintight OutfitVancouver Canucks (12-7-3, in the Pacific Division) vs. Detroit Red Wings (10-11-2, in the Atlantic Division) Detroit; Sunday, 12:30 p.m. EST BOTTOM LINE: The Vancouver Canucks visit the Detroit Red Wings after the Canucks took down the Buffalo Sabres 4-3 in overtime. Detroit has gone 5-6-1 at home and 10-11-2 overall. The Red Wings have gone 3-3-2 in games they serve more penalty minutes than their opponents. Vancouver has a 12-7-3 record overall and a 9-2-0 record on the road. The Canucks have a +two scoring differential, with 71 total goals scored and 69 given up. Sunday's game is the first time these teams square off this season. TOP PERFORMERS: Dylan Larkin has 12 goals and six assists for the Red Wings. Lucas Raymond has six goals and four assists over the past 10 games. Quinn Hughes has five goals and 20 assists for the Canucks. Elias Pettersson has scored five goals with eight assists over the last 10 games. LAST 10 GAMES: Red Wings: 4-5-1, averaging 2.5 goals, 4.3 assists, 2.9 penalties and 6.3 penalty minutes while giving up 2.9 goals per game. Canucks: 5-5-0, averaging 3.2 goals, 5.7 assists, 3.7 penalties and 9.1 penalty minutes while giving up 3.2 goals per game. INJURIES: Red Wings: None listed. Canucks: None listed. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar . The Associated PressEuropa League table: Lazio still leaders, Roma revitalised
RICHMOND, Va.--(BUSINESS WIRE)--Dec 12, 2024-- The Board of Directors of NewMarket Corporation (NYSE: NEU) (the “Company”) approved a new share repurchase program authorizing management to repurchase up to $500 million of the Company’s outstanding common stock through December 31, 2027, as market conditions warrant and covenants under the Company’s existing debt agreements permit. The new repurchase program will replace the Company’s existing $500 million repurchase program approved by the Board of Directors in October 2021, which will expire on December 31, 2024. Under the new program, the Company may conduct share repurchases in the open market, in privately negotiated transactions, through block trades or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The new program does not require the Company to acquire any specific number of shares and may be terminated or suspended at any time. NewMarket Corporation is a holding company operating through its subsidiaries Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), and American Pacific Corporation (AMPAC). The Afton and Ethyl companies develop, manufacture, blend, and deliver chemical additives that enhance the performance of petroleum products. AMPAC is a manufacturer of specialty materials primarily used in solid rocket motors for the aerospace and defense industries. The NewMarket family of companies has a long-term commitment to its people, to safety, to providing innovative solutions for its customers, and to making the world a better place. Some of the information contained in this press release constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although NewMarket’s management believes its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from expectations. Factors that could cause actual results to differ materially from expectations include, but are not limited to, the availability of raw materials and distribution systems; disruptions at production facilities, including single-sourced facilities; hazards common to chemical businesses; the ability to respond effectively to technological changes in our industries; failure to protect our intellectual property rights; sudden, sharp, or prolonged raw material price increases; competition from other manufacturers; current and future governmental regulations; the loss of significant customers; termination or changes to contracts with contractors and subcontractors of the U.S. government or directly with the U.S. government; failure to attract and retain a highly-qualified workforce; an information technology system failure or security breach; the occurrence or threat of extraordinary events, including natural disasters, terrorist attacks, wars and health-related epidemics; risks related to operating outside of the United States; political, economic, and regulatory factors concerning our products; the impact of substantial indebtedness on our operational and financial flexibility; the impact of fluctuations in foreign exchange rates; resolution of environmental liabilities or legal proceedings; limitation of our insurance coverage; our inability to realize expected benefits from investment in our infrastructure or from acquisitions, or our inability to successfully integrate acquisitions into our business; the underperformance of our pension assets resulting in additional cash contributions to our pension plans; and other factors detailed from time to time in the reports that NewMarket files with the Securities and Exchange Commission, including the risk factors in Part I, Item 1A. “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2023 and Part II, Item 1A. “Risk Factors” of our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024, which are available to shareholders at www.newmarket.com . You should keep in mind that any forward-looking statement made by NewMarket in the foregoing discussion speaks only as of the date on which such forward-looking statement is made. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We have no duty to, and do not intend to, update or revise the forward-looking statements in this discussion after the date hereof, except as may be required by law. In light of these risks and uncertainties, you should keep in mind that the events described in any forward-looking statement made in this discussion, or elsewhere, might not occur. View source version on businesswire.com : https://www.businesswire.com/news/home/20241210821417/en/ CONTACT: FOR INVESTOR INFORMATION CONTACT: William J. Skrobacz Investor Relations Phone: 804.788.5555 Fax: 804.788.5688 Email: investorrelations@newmarket.com KEYWORD: VIRGINIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: CHEMICALS/PLASTICS ENERGY MANUFACTURING OIL/GAS SOURCE: NewMarket Corporation Copyright Business Wire 2024. PUB: 12/12/2024 05:01 PM/DISC: 12/12/2024 05:02 PM http://www.businesswire.com/news/home/20241210821417/enAdvisors Asset Management Inc. decreased its holdings in Southwest Airlines Co. ( NYSE:LUV – Free Report ) by 18.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,864 shares of the airline’s stock after selling 1,126 shares during the quarter. Advisors Asset Management Inc.’s holdings in Southwest Airlines were worth $144,000 as of its most recent filing with the SEC. A number of other large investors also recently modified their holdings of the business. Ashton Thomas Private Wealth LLC bought a new position in Southwest Airlines in the 2nd quarter valued at about $29,000. CVA Family Office LLC raised its holdings in Southwest Airlines by 179.5% during the second quarter. CVA Family Office LLC now owns 1,034 shares of the airline’s stock worth $30,000 after purchasing an additional 664 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in Southwest Airlines in the third quarter worth approximately $33,000. Innealta Capital LLC bought a new position in Southwest Airlines during the 2nd quarter valued at $33,000. Finally, AM Squared Ltd acquired a new position in shares of Southwest Airlines during the 2nd quarter valued at $37,000. 80.82% of the stock is owned by institutional investors and hedge funds. Analyst Ratings Changes Several brokerages have recently weighed in on LUV. Evercore ISI upgraded Southwest Airlines from an “in-line” rating to an “outperform” rating and upped their price objective for the company from $30.00 to $35.00 in a report on Tuesday, September 3rd. StockNews.com upgraded shares of Southwest Airlines from a “sell” rating to a “hold” rating in a research report on Monday, October 28th. Citigroup lifted their price objective on shares of Southwest Airlines from $28.25 to $31.50 and gave the stock a “neutral” rating in a research note on Thursday, October 3rd. Barclays increased their target price on shares of Southwest Airlines from $27.00 to $32.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 15th. Finally, Susquehanna lifted their price target on shares of Southwest Airlines from $25.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, Southwest Airlines presently has a consensus rating of “Hold” and a consensus price target of $30.25. Insider Activity In other Southwest Airlines news, Director Rakesh Gangwal bought 643,788 shares of Southwest Airlines stock in a transaction on Tuesday, October 1st. The stock was purchased at an average cost of $29.98 per share, for a total transaction of $19,300,764.24. Following the completion of the purchase, the director now directly owns 3,606,311 shares of the company’s stock, valued at $108,117,203.78. The trade was a 21.73 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Also, major shareholder Elliott Investment Management sold 1,203,920 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $29.83, for a total transaction of $35,912,933.60. Following the transaction, the insider now owns 59,912,580 shares in the company, valued at approximately $1,787,192,261.40. This trade represents a 1.97 % decrease in their position. The disclosure for this sale can be found here . 0.33% of the stock is currently owned by corporate insiders. Southwest Airlines Price Performance NYSE:LUV opened at $32.36 on Friday. The business’s fifty day moving average price is $30.94 and its 200 day moving average price is $28.80. The firm has a market capitalization of $19.41 billion, a price-to-earnings ratio of -462.29, a PEG ratio of 7.56 and a beta of 1.15. The company has a current ratio of 0.88, a quick ratio of 0.83 and a debt-to-equity ratio of 0.49. Southwest Airlines Co. has a 1-year low of $23.58 and a 1-year high of $35.18. Southwest Airlines ( NYSE:LUV – Get Free Report ) last issued its earnings results on Thursday, October 24th. The airline reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.10. The company had revenue of $6.87 billion for the quarter, compared to the consensus estimate of $6.77 billion. Southwest Airlines had a positive return on equity of 4.56% and a negative net margin of 0.06%. The firm’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.38 EPS. On average, sell-side analysts forecast that Southwest Airlines Co. will post 0.75 earnings per share for the current fiscal year. Southwest Airlines Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Thursday, December 26th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date is Thursday, December 26th. Southwest Airlines’s dividend payout ratio (DPR) is currently -1,028.57%. Southwest Airlines Profile ( Free Report ) Southwest Airlines Co operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. Featured Stories Five stocks we like better than Southwest Airlines Financial Services Stocks Investing The Latest 13F Filings Are In: See Where Big Money Is Flowing How to Buy Cheap Stocks Step by Step 3 Penny Stocks Ready to Break Out in 2025 The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for Southwest Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwest Airlines and related companies with MarketBeat.com's FREE daily email newsletter .Wisconsin faces its first losing season in 23 years and the end of a bowl streak when the Badgers host arch-rival Minnesota on Friday in the annual Big Ten battle for Paul Bunyan's Axe. Minnesota (6-5, 4-4) lost to No. 4 Penn State 26-25. Wisconsin (5-6, 3-5 Big Ten) lost its fourth straight, 44-25, at Nebraska in a game that was not as close as the score. "Well 1890 is the first time we played this football team coming up and this is what it's all about," Minnesota coach P.J. Fleck said of the rivalry. "And you wouldn't want to have it any other way, being able to end the season with one of your biggest rivals. I know our guys will be ready to go, ready to play." Wisconsin has 22 consecutive winning seasons since going 5-7 under Barry Alvarez in 2001, the longest active streak among Power 4 teams. The Badgers also have played in a bowl game in each of the last 22 seasons, the longest active streak in the Big Ten and third-longest in FBS. Wisconsin coach Luke Fickell is more concerned with the rivalry game than the winning season and bowl streaks. "I'm not downplaying it, I'm not saying it's not important, I'm not saying it's another thing that's on our plate," Fickell said Monday. "But when it gets down to this last week, it's about one thing, it's about the rivalry. It's about preparing to play in the most important game of the year." The Gophers have dropped their last two games after winning four in a row. Minnesota averages 26.6 points per game, while allowing 18.5, 15th-best in the country. Max Brosmer has completed 67 percent of his passes for 221 per game with 15 touchdowns and five interceptions. Daniel Jackson is the top target with 69 catches for 802 yards and three scores, and Darius Taylor is the top rusher with 730 yards at 4.8 per carry with nine touchdowns. One week after leading Oregon after three quarters, the Wisconsin defense was shredded for 473 yards and five touchdowns by Nebraska. Braedyn Locke, who took over at quarterback when Tyler Van Dyke suffered an early season-ending knee injury, has thrown at least one interception in eight consecutive games. Locke has completed 56.4 percent of his passes for 180.6 yards per game, with 12 touchdowns and 10 picks. Tawee Walker is the leading rusher with 828 yards at 4.7 per carry with 10 touchdowns. He has failed to reach 60 yards in three of the last four games. Former Wisconsin and NFL standout JJ Watt posted on social media his assessment - and frustration - with the Badgers after the Nebraska game. "Losing happens, it's part of the game. Hearing announcers talk about how much tougher and more physical Nebraska & Iowa are while getting blown out ... that's the issue," Watt wrote on X. "We are Wisconsin. Physicality, running game, great O-Line and great defense. That is our identity." Wisconsin defeated the Gophers 28-14 last after Minnesota had won the previous two meetings. The Badgers have won 7 of the last 10 and lead the storied series 63-62-8. --Field Level Media
Sam Hicks, defense lead Abilene Christian over Northern Arizona 24-0 to extend 1st trip to playoffsIn promising to shake up Washington, Trump is in a class of his own
WASHINGTON (AP) — President-elect Donald Trump has promised to as soon as he gets into office to make good on campaign promises aiming and redefining what it means to be American. But any efforts to halt the policy would face steep legal hurdles. Birthright citizenship means anyone born in the United States automatically becomes an American citizen. It’s been in place for decades and applies to children born to someone in the country illegally or in the U.S. on a tourist or student visa who plans to return to their home country. It’s not the practice of every country, and Trump and his supporters have argued that the system is being abused and that there should be tougher standards for becoming an American citizen. But others say this is a right enshrined in the 14th Amendment to the Constitution, it would be extremely difficult to overturn and even if it’s possible, it’s a bad idea. Here’s a look at birthright citizenship, what Trump has said about it and the prospects for ending it: During an interview Sunday on Trump said he “absolutely” planned to halt birthright citizenship once in office. “We’re going to end that because it’s ridiculous,” he said. Trump and other opponents of birthright citizenship have argued that it creates an incentive for people to come to the U.S. illegally or take part in pregnant women enter the U.S. specifically to give birth so their children can have citizenship before returning to their home countries. “Simply crossing the border and having a child should not entitle anyone to citizenship,” said Eric Ruark, director of research for NumbersUSA, which argues for reducing immigration. The organization supports changes that would require at least one parent to be a permanent legal resident or a U.S. citizen for their children to automatically get citizenship. Others have argued that ending birthright citizenship would profoundly damage the country. “One of our big benefits is that people born here are citizens, are not an illegal underclass. There’s better assimilation and integration of immigrants and their children because of birthright citizenship,” said Alex Nowrasteh, vice president for economic and social policy studies at the pro-immigration Cato Institute. In 2019, the Migration Policy Institute estimated that 5.5 million children under age 18 lived with at least one parent in the country illegally in 2019, representing 7% of the U.S. child population. The vast majority of those children were U.S. citizens. The nonpartisan think tank said during Trump’s campaign for president in 2015 that the number of people in the country illegally would “balloon” if birthright citizenship were repealed, creating “a self-perpetuating class that would be excluded from social membership for generations.” In the aftermath of the Civil War, Congress ratified the 14th Amendment in July 1868. That amendment assured citizenship for all, including Black people. “All persons born or naturalized in the United States and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside,” the 14th Amendment says. “No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States.” But the 14th Amendment didn’t always translate to everyone being afforded birthright citizenship. For example, it wasn’t until 1924 that Congress finally granted citizenship to all Native Americans born in the U.S. A key case in the history of birthright citizenship came in 1898, when the U.S. Supreme Court ruled that Wong Kim Ark, born in San Francisco to Chinese immigrants, was a U.S. citizen because he was born in the states. The federal government had tried to deny him reentry into the county after a trip abroad on grounds he wasn’t a citizen under the Chinese Exclusion Act. But some have argued that the 1898 case clearly applied to children born of parents who are both legal immigrants to America but that it’s less clear whether it applies to children born to parents without legal status or, for example, who come for a short-term like a tourist visa. “That is the leading case on this. In fact, it’s the only case on this,” said Andrew Arthur, a fellow at the Center for Immigration Studies, which supports immigration restrictions. “It’s a lot more of an open legal question than most people think.” Some proponents of immigration restrictions have argued the words “subject to the jurisdiction thereof” in the 14th Amendment allows the U.S. to deny citizenship to babies born to those in the country illegally. Trump himself used that language in his 2023 announcement that he would aim to end birthright citizenship if reelected. Trump wasn’t clear in his Sunday interview how he aims to end birthright citizenship. Asked how he could get around the 14th Amendment with an executive action, Trump said: “Well, we’re going to have to get it changed. We’ll maybe have to go back to the people. But we have to end it.” Pressed further on whether he’d use an executive order, Trump said “if we can, through executive action.” He gave a lot more details in a . In it, he said he would issue an executive order the first day of his presidency, making it clear that federal agencies “require that at least one parent be a U.S. citizen or lawful permanent resident for their future children to become automatic U.S. citizens.” Trump wrote that the executive order would make clear that children of people in the U.S. illegally “should not be issued passports, Social Security numbers, or be eligible for certain taxpayer funded welfare benefits.” This would almost certainly end up in litigation. Nowrasteh from the Cato Institute said the law is clear that birthright citizenship can’t be ended by executive order but that Trump may be inclined to take a shot anyway through the courts. “I don’t take his statements very seriously. He has been saying things like this for almost a decade,” Nowrasteh said. “He didn’t do anything to further this agenda when he was president before. The law and judges are near uniformly opposed to his legal theory that the children of illegal immigrants born in the United States are not citizens.” Trump could steer Congress to pass a law to end birthright citizenship but would still face a legal challenge that it violates the Constitution.
