
HUHUTECH International Group Inc. Announces Partial Exercise of Over-Allotment OptionThis Black Friday, Amazon is offering great deals on two standout products from Bose: the QuietComfort Standard Headphones and the QuietComfort Ultra Headphones . Both models are designed to deliver exceptional sound quality and comfort but they cater to different audiences and preferences. With prices at record lows , now is the perfect time to consider these premium headphones for yourself (or as a holiday gift). Starting with the Bose QuietComfort Standard headphones, these wireless over-ear headphones are currently priced at $199, down from their list price of $349 , which is a 43% discount. These headphones feature active noise cancelling (ANC) technology which effectively blocks out ambient noise and allows you to immerse yourself fully in your music or podcasts. The deep bass response enhances your listening experience and make them ideal for anyone who enjoys rich audio quality. With up to 24 hours of playtime on a single charge, these headphones are perfect for long commutes or extended listening sessions. See Bose QC Standard at Amazon On the other hand, the Bose QuietComfort Ultra headphones are available for $329, reduced from $429, which is a 23% savings . This model takes things a step further with upgraded features that include Bluetooth 5.3 (versus 5.1 for the Standard model) connectivity and spatial audio capabilities. The spatial audio feature provides an immersive listening experience that simulates surround sound. Additionally, the Ultra model supports head tracking which allows the audio to shift dynamically as you move your head. See Bose QC Ultra at Amazon One of the significant advantages of purchasing from Amazon this Black Friday is their best price guarantee throughout the promotional period. If you buy either model now and find a lower price later during Black Friday sales, Amazon will refund you the difference—eliminating any hesitation about buying early. Additionally, Amazon has extended its return policy until January 31, 2025, providing ample time for holiday gift returns or exchanges. What Are The Differences? While both models offer excellent noise cancellation and comfort, the key differences lie in their technology and intended use cases. The QuietComfort 5.1 Standard headphones are perfect for users who want reliable performance without needing the latest features. They provide solid sound quality and comfort at a more accessible price point, making them suitable for casual listeners or those new to high-quality audio equipment. In contrast, the QuietComfort Ultra headphones are designed for audiophiles who appreciate advanced features and superior sound quality . With aptX Adaptive codec support and advanced DSPs (Digital Signal Processors), these headphones deliver a more refined listening experience with improved clarity and detail across various audio formats. The enhanced noise cancellation capabilities make them ideal for use in noisy environments like airplanes or busy offices. Both models come with a comfortable over-ear design that ensures a snug fit during extended wear. They also include a built-in microphone for hands-free calls and voice assistant access. The QuietComfort Ultra model stands out with its customizable EQ settings available through the Bose Music app so that users can tailor their sound preferences precisely. See Bose QC Standard at Amazon See Bose QC Ultra at AmazonWhich mattresses are best for cold sleepers? With so much of our lives spent in bed, we all must get a restful night’s sleep so we’re ready to start the day energized. While our bodies naturally cool down as we wind down, some sleep much colder than others. The right mattress can help cold sleepers stay warm and cozy throughout the night. Most mattresses target your sleep position and not your temperature, which makes shopping around tricky. This guide can help you understand what makes the right mattress for cold sleepers and everything you need to know to sleep well. Our top pick, the DreamCloud Premier Rest 16-inch Mattress , is designed to regulate temperature for a comfortable sleep. What to know before buying a mattress for cold sleepers Type Cold sleepers should look to any mattress containing foam or latex, as these two materials trap heat more than other options, particularly breathable innerspring mattresses. While trapping in heat is a turnoff for some sleepers, those who are cold embrace the warmth kept within. Hybrid mattresses are increasingly popular. They feature a combination of foam or latex and innerspring layers to provide a balance of comfort and support. The foam or latex layers are typically the uppermost layers and help regulate temperature. Firmness How soft or firm the right mattress is for you is influenced mainly by your sleep position and size. Those who sleep on their stomach should avoid a soft mattress so that they don’t sink into the bed and strain their spine, but they should also avoid an extra-firm mattress that doesn’t support their hips and shoulders. Side sleepers should be cradled by a softer mattress with a bit of resistance for their shoulders and head. Back sleepers find firmer options most comfortable. Heavier individuals should avoid softer mattresses as they can sink in and not receive the proper support. Conversely, slighter persons may enjoy less firm mattresses since they can cradle them. What to look for in a quality mattress for cold sleepers Gel foam For some people, gel foam is a much-desired feature; however, cold sleepers should avoid foam or hybrid mattresses incorporating gel foam. This is because the gel helps offset the heat trappings of foam by adding cooling technology, making the mattress a good choice for those who sleep warm, not cold. Motion transfer Most mattresses that include foam or latex are adept at lessening motion transfer, meaning that one person’s rustling or movement won’t disturb the other person in bed. What’s more, foam and latex options tend to be quiet. How much you can expect to spend on a mattress for cold sleepers Foam, latex, and hybrid mattresses are pricier, especially those with multiple layers. Cold sleepers can expect to pay between $600 and $1,200 for a queen-size mattress. Mattress for cold sleepers FAQ How do I take care of my mattress? A. Investing in a mattress protector is wise, especially for a densely made mattress that traps heat. A mattress protector prevents dust, mites, and, in some cases, liquids from penetrating the mattress, which can cause an odor and lead to slow deterioration. Rotate your mattress every few months so it’s used evenly, especially if you have foam layers that may conform to your body. Does mattress size or thickness influence heat? A. Size and thickness don’t necessarily influence a mattress’s heat retention. Mattresses for cold sleepers come in all standard sizes. That choice should be made based on your size, available space and whether you sleep with a partner. Thickness ranges from around 6 to 14 inches. What’s the best mattress for cold sleepers to buy? Top mattress for cold sleepers DreamCloud Premier Rest 16-inch Mattress – Luxury Hybrid Memory Foam What you need to know: This high-quality, thick hybrid mattress has foam layers on top for a warm, cozy night’s sleep. What you’ll love: The innerspring base supports all sleep positions while foam layers hold in warmth. There’s no motion transfer or noise when moving. What you should consider: It may be too firm for petite individuals. Top mattress for cold sleepers for the money ZINUS 12 Inch Green Tea Cooling Gel Memory Foam Mattress What you need to know: This mattress offers both comfort and support at a reasonable price. What you’ll love: It includes layers of low-toxin foam that help maintain the temperature as you sleep. It’s also infused with green tea extract, which helps to fight against unwelcome odors. What you should consider: While it does say it includes cooling gel, it’s still too hot for some people. Worth checking out GhostBed 3D Matrix Mattress What you need to know: This adaptable mattress adjusts to your shape and temperature to create the most comfortable sleeping experience. What you’ll love: It’s a hybrid mattress that cradles the body while still supporting the shoulders and hips and lacks motion transfer. The top layers provide warmth and comfort. What you should consider: It may be too soft for heavier individuals. Prices listed reflect time and date of publication and are subject to change. Check out our Daily Deals for the best products at the best prices and sign up here to receive the BestReviews weekly newsletter full of shopping inspo and sales. BestReviews spends thousands of hours researching, analyzing and testing products to recommend the best picks for most consumers. BestReviews and its newspaper partners may earn a commission if you purchase a product through one of our links.
ANOKA, Minn.--(BUSINESS WIRE)--Nov 25, 2024-- Vista Outdoor Inc. (“Vista Outdoor”, the “Company”) (NYSE: VSTO) today announced that its stockholders voted to approve the sale of The Kinetic Group to Czechoslovak Group a.s. (“CSG”) (the “CSG Transaction”) at its special meeting of stockholders held earlier today. Vista Outdoor and CSG have received all regulatory approvals required under the merger agreement for the CSG Transaction and intend to close the CSG Transaction on November 27, 2024. Under the terms of the CSG Transaction, Vista Outdoor stockholders will receive $25.75 in cash and one share of Revelyst common stock for each share of Vista Outdoor common stock they hold. “We are thrilled to have received overwhelming support from our stockholders for the compelling transaction with CSG,” said Michael Callahan, Chairman of the Vista Outdoor Board of Directors. “The CSG transaction maximizes value for our stockholders, while also providing an ideal home for our leading ammunition brands and significant opportunities for our employees.” Based on the vote count from the special meeting of stockholders, approximately 97.89% of votes cast were in favor of the CSG Transaction, representing approximately 82.57% of all outstanding shares. The final voting results will be reported in a Form 8-K filed with the U.S. Securities and Exchange Commission. Following the closing of the CSG Transaction, Revelyst will begin trading on the New York Stock Exchange under the ticker “GEAR”. Subject to the receipt of necessary regulatory approvals and satisfaction of other customary closing conditions, funds managed by Strategic Value Partners, LLC (“SVP”) will subsequently acquire Revelyst in an all-cash transaction based on an enterprise value of $1.125 billion (the “SVP Transaction”), subject to a net cash adjustment. At the closing of the SVP Transaction, Revelyst stockholders will receive an estimated $19.25 in cash per share of Revelyst common stock 1. The SVP Transaction is on track to close by January 2025. No separate approval of the SVP Transaction by Vista Outdoor stockholders is required. Morgan Stanley & Co. LLC is acting as sole financial adviser to Vista Outdoor and Cravath, Swaine & Moore LLP is acting as legal adviser to Vista Outdoor. Moelis & Company LLC is acting as sole financial adviser to the independent directors of Vista Outdoor and Gibson, Dunn & Crutcher LLP is acting as legal adviser to the independent directors of Vista Outdoor. About Vista Outdoor Inc. Vista Outdoor (NYSE: VSTO) is the parent company of more than three dozen renowned brands that design, manufacture and market sporting and outdoor products. Brands include Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fox Racing, Bell Helmets, Camp Chef, Giro, Simms Fishing, QuietKat, Stone Glacier, Federal Ammunition, Remington Ammunition and more. Our reporting segments, Outdoor Products and Sporting Products, provide consumers with a wide range of performance-driven, high-quality and innovative outdoor and sporting products. For news and information, visit our website at www.vistaoutdoor.com Forward-Looking Statements Some of the statements made and information contained in this press release, excluding historical information, are “forward-looking statements,” including those that discuss, among other things: Vista Outdoor Inc.’s (“Vista Outdoor”, “we”, “us” or “our”) plans, objectives, expectations, intentions, strategies, goals, outlook or other non-historical matters; projections with respect to future revenues, income, earnings per share or other financial measures for Vista Outdoor; and the assumptions that underlie these matters. The words “believe,” “expect,” “anticipate,” “intend,” “aim,” “should” and similar expressions are intended to identify such forward-looking statements. To the extent that any such information is forward-looking, it is intended to fit within the safe harbor for forward-looking information provided by the Private Securities Litigation Reform Act of 1995. Numerous risks, uncertainties and other factors could cause our actual results to differ materially from the expectations described in such forward-looking statements, including the following: risks related to the previously announced transaction among Vista Outdoor, Revelyst, Inc., CSG Elevate II Inc., CSG Elevate III Inc. and CZECHOSLOVAK GROUP a.s. (the “CSG Transaction”) and risks related to the previously announced transaction among Vista Outdoor, Revelyst, Olibre LLC and Cabin Ridge, Inc. (the “SVP Transaction”) including (i) the possibility that any or all of the various conditions to the consummation of the CSG Transaction or the SVP Transaction may not be satisfied or waived, including the failure to receive any required regulatory approvals from any applicable governmental entities (or any conditions, limitations or restrictions placed on such approvals), (ii) the possibility that competing offers or acquisition proposals may be made, (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement relating to the CSG Transaction or the SVP Transaction, including in circumstances which would require Vista Outdoor or Revelyst, as applicable, to pay a termination fee, (iv) the effect of the announcement or pendency of the CSG Transaction or the SVP Transaction on our ability to attract, motivate or retain key executives and employees, our ability to maintain relationships with our customers, vendors, service providers and others with whom we do business, or our operating results and business generally, (v) risks related to the CSG Transaction or the SVP Transaction diverting management’s attention from our ongoing business operations, (vi) that the CSG Transaction or the SVP Transaction may not achieve some or all of any anticipated benefits with respect to either business segment and that the CSG Transaction or the SVP Transaction may not be completed in accordance with our expected plans or anticipated timelines, or at all, and (vii) that the consideration paid to Revelyst stockholders in connection with the SVP Transaction cannot be determined until the consummation of the SVP Transaction as it is subject to certain adjustments related to the net cash of Revelyst as of the closing of the SVP Transaction and the management team’s current estimate of the consideration may be higher or lower than the actual consideration paid to Revelyst stockholders in connection with the SVP Transaction due to the actual cash flows prior to the closing of the SVP Transaction or other factors; impacts from the COVID-19 pandemic on our operations, the operations of our customers and suppliers and general economic conditions; supplier capacity constraints, production or shipping disruptions or quality or price issues affecting our operating costs; the supply, availability and costs of raw materials and components; increases in commodity, energy, and production costs; seasonality and weather conditions; our ability to complete acquisitions, realize expected benefits from acquisitions and integrate acquired businesses; reductions in or unexpected changes in or our inability to accurately forecast demand for ammunition, accessories, or other outdoor sports and recreation products; disruption in the service or significant increase in the cost of our primary delivery and shipping services for our products and components or a significant disruption at shipping ports; risks associated with diversification into new international and commercial markets, including regulatory compliance; our ability to take advantage of growth opportunities in international and commercial markets; our ability to obtain and maintain licenses to third-party technology; our ability to attract and retain key personnel; disruptions caused by catastrophic events; risks associated with our sales to significant retail customers, including unexpected cancellations, delays, and other changes to purchase orders; our competitive environment; our ability to adapt our products to changes in technology, the marketplace and customer preferences, including our ability to respond to shifting preferences of the end consumer from brick and mortar retail to online retail; our ability to maintain and enhance brand recognition and reputation; our association with the firearms industry, others’ use of social media to disseminate negative commentary about us, our products, and boycotts; the outcome of contingencies, including with respect to litigation and other proceedings relating to intellectual property, product liability, warranty liability, personal injury, and environmental remediation; our ability to comply with extensive federal, state and international laws, rules and regulations; changes in laws, rules and regulations relating to our business, such as federal and state ammunition regulations; risks associated with cybersecurity and other industrial and physical security threats; interest rate risk; changes in the current tariff structures; changes in tax rules or pronouncements; capital market volatility and the availability of financing; our debt covenants may limit our ability to complete acquisitions, incur debt, make investments, sell assets, merge or complete other significant transactions; foreign currency exchange rates and fluctuations in those rates; general economic and business conditions in the United States and our markets outside the United States, including as a result of the war in Ukraine and the imposition of sanctions on Russia, the conflict in the Gaza strip, the COVID-19 pandemic or another pandemic, conditions affecting employment levels, consumer confidence and spending, conditions in the retail environment, and other economic conditions affecting demand for our products and the financial health of our customers. You are cautioned not to place undue reliance on any forward-looking statements we make, which are based only on information currently available to us and speak only as of the date hereof. A more detailed description of risk factors that may affect our operating results can be found in Part 1, Item 1A, Risk Factors, of our Annual Report on Form 10-K for fiscal year 2024, and in the filings we make with the SEC from time to time. We undertake no obligation to update any forward-looking statements, except as otherwise required by law. 1 Based on management estimates, including an assumption the SVP Transaction closes on December 31, 2024. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125635762/en/ CONTACT: Investor: Tyler Lindwall Phone: 612-704-0147 Email:investor.relations@vistaoutdoor.comMedia: Eric Smith Phone: 720-772-0877 Email:media.relations@vistaoutdoor.com KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: RETAIL OTHER CONSUMER CONSUMER OTHER RETAIL MANUFACTURING OTHER MANUFACTURING SOURCE: Vista Outdoor Inc. Copyright Business Wire 2024. PUB: 11/25/2024 04:01 PM/DISC: 11/25/2024 04:01 PM http://www.businesswire.com/news/home/20241125635762/en
Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil
Israel is carrying out its most intense wave of strikes on Lebanon's capital Beirut and its southern suburbs since the start of the 13-month war with Hezbollah, apparently signaling it aims to pummel the country in the final hours before any ceasefire takes hold. Israel's Prime Minister Benjamin Netanyahu gave a speech Tuesday evening saying he would ask his ministers to adopt a United States-brokered ceasefire agreement with Hezbollah. Less than an hour later, Israeli jets targeted a building in a bustling commercial area of Beirut and Israel's military issued new evacuation warnings, sending residents fleeing into the streets. Hezbollah also fired rockets into Israel, triggering air raid sirens across the country’s north. The ceasefire deal seeks to push Hezbollah and Israeli troops out of southern Lebanon. More than 3,760 people have been killed by Israeli fire in Lebanon the past 13 months, many of them civilians, according to Lebanese health officials. The bombardment has driven 1.2 million people from their homes. Hezbollah began attacking Israel on Oct. 8, 2023, a day after Hamas’ attack on southern Israel, in support of the Palestinian militant group. That has set off more than a year of fighting escalated into all-out war in September with massive Israeli airstrikes across Lebanon and an Israeli ground invasion of the country’s south. It’s not clear how the ceasefire will affect the Israel-Hamas war in Gaza, where more than 44,000 people have been killed and more than 104,000 wounded in the 13-month war between Israel and Hamas, according to Gaza’s Health Ministry. ——— Here's the Latest: Trump's pick for key adviser credits the president-elect with helping cement Israel-Hezbollah ceasefire 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.” Israel airstrikes keep pounding Lebanese capital in the war's biggest wave of attacks 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. Hezbollah official says the group hasn't seen a final ceasefire agreement 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. Netanyahu recommends his Cabinet approve a Hezbollah cease-fire proposal 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. Israeli strikes in Lebanon’s south and east kill at least 13 people 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. Israelis protest for a Gaza hostage release deal 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.” G7 leaders endorse Israel-Hezbollah ceasefire and insist Israel follow international law 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. Israel strikes in central Beirut kill at least 7 people and wound 37 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. Independent Israeli commission blames Netanyahu and others for October 2023 attack 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. Israeli ground troops in Lebanon reach the Litani River 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. Israeli airstrikes hit buildings near Beirut airport 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. EU top diplomat calls for urgent aid to Gaza 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)Quest Partners LLC lessened its position in shares of UGI Co. ( NYSE:UGI – Free Report ) by 18.1% during the third quarter, Holdings Channel reports. The institutional investor owned 17,327 shares of the utilities provider’s stock after selling 3,825 shares during the quarter. Quest Partners LLC’s holdings in UGI were worth $434,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors and hedge funds also recently made changes to their positions in the company. Federated Hermes Inc. boosted its position in UGI by 28.7% during the second quarter. Federated Hermes Inc. now owns 3,537,729 shares of the utilities provider’s stock worth $81,014,000 after purchasing an additional 788,457 shares during the period. LSV Asset Management boosted its holdings in UGI by 13.3% in the 2nd quarter. LSV Asset Management now owns 3,024,750 shares of the utilities provider’s stock worth $69,267,000 after buying an additional 356,200 shares during the period. ProShare Advisors LLC grew its stake in UGI by 84.9% in the 2nd quarter. ProShare Advisors LLC now owns 2,445,010 shares of the utilities provider’s stock valued at $55,991,000 after buying an additional 1,122,766 shares in the last quarter. Jupiter Asset Management Ltd. bought a new stake in UGI during the 2nd quarter valued at $53,371,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of UGI by 32.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,327,248 shares of the utilities provider’s stock worth $53,293,000 after acquiring an additional 566,416 shares in the last quarter. Institutional investors own 82.34% of the company’s stock. Analyst Ratings Changes UGI has been the topic of a number of analyst reports. Mizuho upgraded UGI from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $27.00 to $30.00 in a research note on Friday, November 15th. Jefferies Financial Group started coverage on UGI in a research report on Friday. They set a “buy” rating and a $28.00 price target on the stock. StockNews.com cut shares of UGI from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Finally, Wells Fargo & Company increased their target price on shares of UGI from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 16th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $28.33. UGI Stock Up 15.0 % Shares of NYSE UGI opened at $28.50 on Friday. UGI Co. has a 12 month low of $21.51 and a 12 month high of $28.66. The company has a current ratio of 0.91, a quick ratio of 0.71 and a debt-to-equity ratio of 1.34. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of 22.98 and a beta of 1.13. The business has a 50-day moving average of $24.40 and a 200-day moving average of $24.10. UGI Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Stockholders of record on Monday, December 16th will be paid a $0.375 dividend. The ex-dividend date is Monday, December 16th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 5.26%. UGI’s dividend payout ratio (DPR) is 120.97%. About UGI ( Free Report ) UGI Corporation, together with its subsidiaries, distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,400 propane distribution locations. Featured Articles Want to see what other hedge funds are holding UGI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UGI Co. ( NYSE:UGI – Free Report ). 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AN ICONIC American muscle car with right-hand drive has gone for sale in the UK for the first time. For the same price as a BMW M4, passionate drivers can now officially buy the classic Chevrolet Corvette Stingray without having to import it from the United States. 3 A Chevrolet Corvette Z06 car is displayed during the 5th China International Import Expo Credit: Getty 3 The car has officially made its UK debut Credit: Getty 3 The rear-wheel-drive muscle car costs the same as a BMW M4 Credit: Getty Leading car dealership Lumen Automotive has become the first car outlet to offer right-hand Corvettes to motorists. The two models on offer are the standard Corvette Stringray and the sportier Corvette Z06 which is more track-focused. Brits will no longer have to import the iconic muscle car from the US which can cost significantly more money due to taxes. The rear-wheel-drive muscle car costs less than £95,000, which is about the same price you would pay for a BMW M4. read more motor stories VROOM VROOM Scientists create world’s most perfect car after using AI to pore over designs CHANGE IT UP Thousands of drivers brace for huge DVLA change to MOT and registration rules But the all-out American sprinter can reach 60mph quicker than the BMW racer. Under the hood comes a roaring 6.2-litre V8 naturally aspirated engine that can produce a whopping 475bhp while churning out 637lb-ft of torque output. And to make the driving experience even better, the engine comes paired with an eight-speed automatic transmission system that makes the driving Filippo Caracciolo, European distribution manager for Corvette, said: “Bringing the C8 Corvette Stingray and Z06 in a right-hand-drive configuration to the UK is a defining moment for the brand. Most read in Motors ROUND THE BEND We're furious at council wasting £90k on eyesore roundabout outside our home CAUGHT OUT Moment McLaren driver tears by cops doing 130mph... before lame excuse when caught CYBER-STUCK I imported a Cybertruck to the UK for first time - but I can’t take it on road DRIVEN MAD 'It's a cash grab': Major parking shakeup for idyllic Scots seaside town “As a global icon of performance and innovation, the Corvette represents the pinnacle of automotive excellence. "Our affiliation with Lumen Automotive will offer a seamless entry into the UK market, and we’re excited to deliver the Corvette’s unparalleled engineering and exhilarating driving experience to British enthusiasts and collectors.” Ashley Passant, managing director of the Greenhouse Group, which owns Lumen Automotive, told Autoexpress: "With its rich legacy of innovation and performance, the Corvette is a great match for us and our customers. "We’re proud to represent this globally iconic marque and bring its extraordinary driving experience to the UK.” Ford's new Mustang crowned fastest American road car ever as it shatters record at infamous track ahead of 2025 debut Meanwhile, a first-edition 1973 Ford Escort Mk1 RS2000, restored to its original glory, is set to go under the hammer. The iconic classic, a symbol of 70s motoring, has undergone a £130,000 transformation, making it one of the finest examples of its kind to hit the auction block. Known for its striking Diamond White finish with Olympic Blue detailing on the doors and bonnet, the motor will now go to auction with an estimated price of £80,000. The Ford has undergone a no-expense-spared restoration over the past four years, aimed at bringing the car as close to its original form as possible, using authentic parts and techniques. The interior is a testament to the car’s heritage, featuring an all-black design with fabric seats and a steering wheel proudly bearing the RS logo. This attention to detail is matched by the extensive mechanical work performed during the restoration. The arduous facelift began in 2019 with a full disassembly and meticulous inspection of the car’s bodyshell. The shell was dipped and repaired before being sent to a specialist e-coating facility to ensure long-lasting protection. Original parts and NOS (New Old Stock) components were sourced throughout the process to maintain authenticity. The 2-litre engine, which distinguished the RS2000 from its more high-strung RS1600 sibling, was rebuilt by David Moore Engineering, while the gearbox and rear axle were restored by Copthorne Classics. The auction, scheduled for December at the Warwickshire Event Centre, is being handled by Iconic Auctioneers. Read more on the Scottish Sun SNOW JOKE Snow maps reveal the Scotland areas forecast to have a white Christmas OFF THE AIR 'Gutted to hear this', fans cry as BBC Scotland series axed after 19 years According to the auction listing, the car’s restoration is "one of the most exacting restorations witnessed and surely the best available." It comes after an ultra-rare iconic car with a high speed of 250mph and a hydraulic spoiler hit the market for £840,000 .