ARLINGTON, Va., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) ("Fluence” or the "Company”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its intention to offer, subject to market and other conditions, $300.0 million aggregate principal amount of convertible senior notes due 2030 (the "Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act”), to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. Fluence also expects to grant the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $45.0 million aggregate principal amount of the Notes. The Notes will be senior, unsecured obligations of Fluence, will accrue interest payable semi-annually in arrears and will mature on June 15, 2030, unless earlier repurchased, redeemed or converted. Before March 15, 2030, noteholders will have the right to convert their Notes in certain circumstances and during specified periods. From and after March 15, 2030, noteholders may convert their Notes at any time at their election until the close of business on the second scheduled trading day immediately before the maturity date. Fluence will settle conversions by paying or delivering, as applicable, cash, shares of its Class A common stock ("Class A common stock”) or a combination of cash and shares of its Class A common stock, at Fluence's election. The Notes will be redeemable, in whole or in part (subject to certain partial redemption limitations), at Fluence's option at any time, and from time to time, on or after December 20, 2027 and on or before the 50th scheduled trading day immediately before the maturity date, at a cash redemption price equal to the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date, but only if (i) the Notes are "freely tradable”, and all accrued and unpaid additional interest, if any, has been paid in full, as of the date of the related redemption notice, and (ii) the last reported sale price per share of Fluence's Class A common stock exceeds 130% of the conversion price for a specified period of time. The final terms of the Notes, including the interest rate, initial conversion rate and certain other terms of the Notes, will be determined at the pricing of the offering. If certain events that constitute a "fundamental change” occur, then, subject to a limited exception, noteholders may require Fluence to repurchase their Notes at a cash repurchase price equal to the principal amount of the Notes to be repurchased, plus accrued and unpaid special interest, if any, to, but excluding, the applicable repurchase date. In connection with the pricing of the Notes, the Company intends to enter into privately negotiated capped call transactions (the "capped call transactions”) with one or more of the initial purchasers and/or their respective affiliates and/or other financial institutions (the "counterparties”). The capped call transactions will cover, subject to customary adjustments, the number of shares of the Company's Class A common stock that will initially underlie the Notes. The Company anticipates that the cap price of the capped call transactions will initially represent a premium over the last reported sale price of the Company's Class A common stock on the pricing date of the offering of the Notes. The capped call transactions are generally expected to offset the potential dilution to the Class A common stock and/or offset any cash payments the Company is required to make in excess of the principal amount of converted Notes, with such offset subject to a cap, as the case may be, as a result of any conversion of the Notes. If the initial purchasers exercise their option to purchase additional Notes, the Company expects to enter into additional capped call transactions with the counterparties. In connection with establishing their initial hedge of these capped call transactions, the Company has been advised that the counterparties (i) may enter into various over-the-counter cash-settled derivative transactions with respect to the Class A common stock and/or purchase the Class A common stock in secondary market transactions concurrently with, or shortly after, the pricing of the Notes; and (ii) may enter into or unwind various over-the-counter derivatives and/or purchase the Class A common stock in secondary market transactions following the pricing of the Notes. These activities could have the effect of increasing or preventing a decline in the price of the Class A common stock concurrently with or following the pricing of the Notes and under certain circumstances, could affect the ability to convert the Notes. In addition, we expect that the counterparties may modify or unwind their hedge positions by entering into or unwinding various derivative transactions and/or purchasing or selling the Class A common stock or other securities of the Company in secondary market transactions following the pricing of the Notes and prior to maturity of the Notes (and are likely to do so (x) during any observation period related to a conversion of the Notes or following any redemption or fundamental change repurchase of the Notes, (y) following any other repurchase of the Notes if the Company unwinds a corresponding portion of the capped call transactions in connection with such repurchase and (z) if the Company otherwise unwinds all or a portion of the capped call transactions). The effect, if any, of these transactions and activities on the market price of the Class A common stock or the Notes will depend in part on market conditions and cannot be ascertained at this time, but any of these activities could adversely affect the value of the Class A common stock and the value of the Notes, and potentially the value of the consideration that a noteholder will receive upon the conversion of the Notes and could affect a noteholder's ability to convert the Notes. Fluence intends to use a portion of the net proceeds from the offering to fund the cost of entering into the capped call transactions. If the initial purchasers exercise their option to purchase additional Notes, Fluence expects to use a portion of the net proceeds from the sale of additional Notes to fund the cost of entering into additional capped call transactions. Fluence intends to transfer the remaining net proceeds of the offering directly to purchase an intercompany subordinated convertible promissory note issued by Fluence Energy, LLC, the proceeds of which Fluence Energy, LLC intends to use for working capital needs, upgrading one of its battery cell production lines from 305 amp hour cells to 530 amp hour cells, and general corporate purposes. The offer and sale of the Notes and any shares of Class A common stock issuable upon conversion of the Notes have not been, and will not, be registered under the Securities Act or any other securities laws, and the Notes and any such shares cannot be offered or sold except to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, the Notes or any shares of Class A common stock issuable upon conversion of the Notes, nor shall there be any sale of the Notes or any such shares, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers of the Notes will be made only by means of a private offering memorandum. There can be no assurances that the offering of the Notes will be completed as described herein or at all. About Fluence: Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future. Cautionary Note Regarding Forward-Looking Statements The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In particular, statements regarding our future results of operations and financial position, operational performance, anticipated growth and business strategy, future revenue recognition and estimated revenues, future capital expenditures and debt service obligations, projected costs, prospects, plans, and objectives of management for future operations, including, among others, statements regarding expected growth and demand for our energy storage solutions, services, and digital application offerings, relationships with new and existing customers and suppliers, introduction of new energy storage solutions, services, and digital application offerings and adoption of such offerings by customers, assumptions relating to the Company's tax receivable agreement, expectations relating to backlog, pipeline, and contracted backlog, current expectations relating to legal proceedings, and anticipated impact and benefits from the Inflation Reduction Act of 2022 and related domestic content guidelines on us and our customers as well as any other proposed or recently enacted legislation, are forward-looking statements. In some cases, you may identify forward-looking statements by terms such as "may,” "will,” "should,” "expects,” "plans,” "anticipates,” "could,” "seeks,” "intends,” "targets,” "projects,” "contemplates,” "grows,” "believes,” "estimates,” "predicts,” "potential”, "commits”, or "continue” or the negative of these terms or other similar expressions. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, and uncertainties that are difficult to predict. Among those risks and uncertainties are market conditions and the satisfaction of the closing conditions related to the offering of the Notes and the consummation of the capped calls transactions. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. These forward-looking statements are subject to a number of important factors that could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, our relatively limited operating and revenue history as an independent entity and the nascent clean energy industry; anticipated increasing expenses in the future and our ability to maintain prolonged profitability; fluctuations of our order intake and results of operations across fiscal periods; potential difficulties in maintaining manufacturing capacity and establishing expected mass manufacturing capacity in the future; risks relating to delays, disruptions, and quality control problems in our manufacturing operations; risks relating to quality and quantity of components provided by suppliers; risks relating to our status as a relatively low-volume purchaser as well as from supplier concentration and limited supplier capacity; risks relating to operating as a global company with a global supply chain; changes in the cost and availability of raw materials and underlying components; failure by manufacturers, vendors, and suppliers to use ethical business practices and comply with applicable laws and regulations; significant reduction in pricing or order volume or loss of one or more of our significant customers or their inability to perform under their contracts; risks relating to competition for our offerings and our ability to attract new customers and retain existing customers; ability to maintain and enhance our reputation and brand recognition; ability to effectively manage our recent and future growth and expansion of our business and operations; our growth depends in part on the success of our relationships with third parties; ability to attract and retain highly qualified personnel; risks associated with engineering and construction, utility interconnection, commissioning and installation of our energy storage solutions and products, cost overruns, and delays; risks relating to lengthy sales and installation cycle for our energy storage solutions; risks related to defects, errors, vulnerabilities and/or bugs in our products and technology; risks relating to estimation uncertainty related to our product warranties; fluctuations in currency exchange rates; risks related to our current and planned foreign operations; amounts included in our pipeline and contracted backlog may not result in actual revenue or translate into profits; risks related to acquisitions we have made or that we may pursue; events and incidents relating to storage, delivery, installation, operation, maintenance and shutdowns of our products; risks relating to our impacts to our customer relationships due to events and incidents during the project lifecycle of an energy storage solution; actual or threatened health epidemics, pandemics or similar public health threats; ability to obtain financial assurances for our projects; risks relating to whether renewable energy technologies are suitable for widespread adoption or if sufficient demand for our offerings do not develop or takes longer to develop than we anticipate; estimates on size of our total addressable market; barriers arising from current electric utility industry policies and regulations and any subsequent changes; risks relating to the cost of electricity available from alternative sources; macroeconomic uncertainty and market conditions; risk relating to interest rates or a reduction in the availability of tax equity or project debt capital in the global financial markets and corresponding effects on customers' ability to finance energy storage systems and demand for our energy storage solutions; reduction, elimination, or expiration of government incentives or regulations regarding renewable energy; decline in public acceptance of renewable energy, or delay, prevent, or increase in the cost of customer projects; severe weather events; increased attention to ESG matters; restrictions set forth in our current credit agreement and future debt agreements; uncertain ability to raise additional capital to execute on business opportunities; ability to obtain, maintain and enforce proper protection for our intellectual property, including our technology; threat of lawsuits by third parties alleging intellectual property violations; adequate protection for our trademarks and trade names; ability to enforce our intellectual property rights; risks relating to our patent portfolio; ability to effectively protect data integrity of our technology infrastructure and other business systems; use of open-source software; failure to comply with third party license or technology agreements; inability to license rights to use technologies on reasonable terms; risks relating to compromises, interruptions, or shutdowns of our systems; changes in the global trade environment; potential changes in tax laws or regulations; risks relating to environmental, health, and safety laws and potential obligations, liabilities and costs thereunder; failure to comply with data privacy and data security laws, regulations and industry standards; risks relating to potential future legal proceedings, regulatory disputes, and governmental inquiries; risks related to ownership of our Class A common stock; risks related to us being a "controlled company” within the meaning of the NASDAQ rules; risks relating to the terms of our amended and restated certificate of incorporation and amended and restated bylaws; risks relating to our relationship with our Founders and Continuing Equity Owners; risks relating to conflicts of interest by our officers and directors due to positions with Continuing Equity Owners; risks related to short-seller activists; we depend on distributions from Fluence Energy, LLC to pay our taxes and expenses and Fluence Energy, LLC's ability to make such distributions may be limited or restricted in certain scenarios; risks arising out of the Tax Receivable Agreement; unanticipated changes in effective tax rates or adverse outcomes resulting from examination of tax returns; risks relating to improper and ineffective internal control over reporting to comply with Sarbanes-Oxley Act; risks relating to changes in accounting principles or their applicability to us; risks relating to estimates or judgments relating to our critical accounting policies; and the factors described under the headings Part I, Item 1A. "Risk Factors” and Item 7. "Management's Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024. If one or more events related to these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may differ materially from what we anticipate. Many of the important factors that will determine these results are beyond our ability to control or predict. Accordingly, you should not place undue reliance on any such forward-looking statements. We qualify all forward-looking statements contained in this press release by these cautionary statements. Any forward-looking statement speaks only as of the date on which it is made, and, except as otherwise required by law, we do not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. New factors emerge from time to time, and it is not possible for us to predict which will arise. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. CONTACT: Contacts: Analyst Lexington May, Vice President, Finance & Investor Relations +1 713-909-5629 Email: [email protected] Media Email: [email protected]
London, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Pixalate, the market-leading ad fraud protection, privacy, and compliance analytics platform, today released the Brazil Programmatic Ad Seller Quality Rankings Q3 2024 for Web and Mobile to rank programmatic ad sellers across desktop and mobile web and mobile apps . The first-of-its-kind rankings, using SupplyChain Object (SCO) data, offer a comprehensive global view of programmatic ad sellers based on quality across the advertising supply chain, as measured by Pixalate. Pixalate’s Seller Trust Indexes feature country-level seller ratings in 140+ countries for 580+ sellers. The rankings are based on an analysis of over 50 billion monthly programmatic advertising impressions from Q3 2024. Top Programmatic Web Ad Sellers in Brazil (Q3 2024) See more in the Web Seller Trust Index . Top Programmatic Mobile Ad Sellers in Brazil (Q3 2024) See more in the Mobile Seller Trust Index . Pixalate’s Seller Trust Indexes provide a full view of the ad supply chain ecosystem. In doing so, the Indexes aim to foster economic fairness, encourage competition, and highlight the full range of sellers available to buyers, including each sellers’ relative strengths and weaknesses in each country. Explore all of Pixalate’s Seller Trust Indexes: Web Seller Trust Index Mobile Seller Trust Index CTV Seller Trust Index About Pixalate Pixalate is a global platform specializing in privacy compliance, ad fraud prevention, and digital ad supply chain data intelligence. Founded in 2012, Pixalate is trusted by regulators, data researchers, advertisers, publishers, ad tech platforms, and financial analysts across the Connected TV (CTV), mobile app, and website ecosystems. Pixalate is accredited by the MRC for the detection and filtration of Sophisticated Invalid Traffic (SIVT). pixalate.com Disclaimer The content of this press release, and the Seller Trust Indexes (collectively, the "Indexes"), reflect Pixalate's opinions with respect to factors that Pixalate believes may be useful to the digital media industry. As cited in the Indexes, the ratings and rankings in the Indexes are based on a number of metrics and Pixalate's opinions regarding the relative performance of each seller with respect to the metrics. The data is derived from buy-side, predominantly open auction, programmatic advertising transactions, as measured by Pixalate. The Indexes examine global advertising activity. Any insights shared are grounded in Pixalate's proprietary technology and analytics, which Pixalate is continuously evaluating and updating. Any references to outside sources in the Indexes and herein should not be construed as endorsements. Pixalate's opinions are just that, opinions, which means that they are neither facts nor guarantees; and neither this press release nor the Indexes are intended to impugn the standing or reputation of any person, entity or app. Per the MRC , “'Fraud' is not intended to represent fraud as defined in various laws, statutes and ordinances or as conventionally used in U.S. Court or other legal proceedings, but rather a custom definition strictly for advertising measurement purposes. Also per the MRC , “‘Invalid Traffic’ is defined generally as traffic that does not meet certain ad serving quality or completeness criteria, or otherwise does not represent legitimate ad traffic that should be included in measurement counts. Among the reasons why ad traffic may be deemed invalid is it is a result of non-human traffic (spiders, bots, etc.), or activity designed to produce fraudulent traffic.”Canada's Trudeau says he had an 'excellent conversation' with Trump in Florida after tariffs threat
Young men swung to the right for Trump after a campaign dominated by masculine appealsNone
Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Zoom is to get-togethers as e-gift cards are to meticulously wrapped presents beneath the tree. Just because we didn’t schlep through a mall or play it fast-and-loose with mail delivery services, doesn’t mean we don’t love. If you left your holiday shopping to the last minute, a digital gift is an easy way to save the day. Show your family, friends, co-workers, neighbours, hairdresser, mail-delivery person (though that could be seen as sarcastic), or anyone you have in your email contact list, some love this year with an e-gift card or digital gift. All stores below offer e-gift cards that only require your recipient’s email address. The list provides stores that are perfectly broad and yet acutely personalized, so you give your giftee thoughtful options even at the very last minute. Give the gift of a Disney+ subscription this holiday season. One year of Disney+ Premium rings in at $159.99, and includes access to movies, TV shows and exclusive entertainment (though it can only be used to start a new subscription, not pay for an existing Disney+ account). This streaming platform is more than just entertainment, it’s educational. Learn from the greats as they share how they mastered their field of expertise. Experts include Martha Stewart, Mindy Kaling, Neil Degrasse Tyson, Martin Scorsese and more. A Netflix gift can be purchased through PayPal , and shared directly to the recipient’s email address. The gift card can then be added onto an existing account or used to create a new one. Team Rubicon is a brilliant charity. The concept of this charity is the epitome of win-win. Team Rubicon recruits, trains, equips, organizes and deploys veterans to aid in disaster relief. Not only are veterans uniquely qualified to support communities facing natural disasters, but it re-enrolls veterans in a community with a purpose. Team Rubicon started in 2010 as a response to the Haiti earthquake. Team Rubicon Canada started in 2016 to support one of Canada’s biggest natural disasters in history, the Fort McMurray wildfires. Read more about Team Rubicon here and donate here . This year has been a blunt reminder that we live in a global village, to reference Canadian philosopher Marshall McLuhan. The world worked together to develop a vaccine in historical timing. This year could be the perfect year to Sponsor a Child through World Vision . Canada and World Vision do great work together, check out the current initiative, New Canadian gender equality solution for global hunger . Fashionable friends and family will be sure to appreciate a gift card to Vancouver’s own Aritzia. The brand has tons of cute winter gear to keep warm throughout the season, along with everyday essentials for the office or lounging. A practical gift that’s sure to be used up quickly. A gift to Amazon’s vast online marketplace can be used to buy just about anything, and receive fast shipping to boot. Handmade gifts are the best. Especially when you eliminate all variables of actually making the gift and purchase items made by someone else’s (skilled) hands. An Etsy e-gift card feels extra nice this year, supporting local artisans and small businesses. The Wayfair e-gift card is perfect for anyone who works at home or does anything at home. Wayfair has everything for every room in every home. That’s not their slogan, but it should be. They even have outside-the-home covered, like coveted patio heaters . Give the gift of a Wayfair e-gift card and leave the (exciting and) overwhelming decision-making to your giftee. The Bay is the oldest and longest-surviving company in North America, and it’s Canadian. Let’s support our heritage by gifting a Hudson’s Bay e-gift card . The company was founded in 1670, but the company offers the latest and greatest and most fashionable products in most gifting categories. The Bay e-gift card is perfect for those who love their Scratch & Saves and/or their brand names. Oh! And the best thing of all, you can upload your own picture for a personalized e-gift card. DavidsTea is another well-loved Canadian company. DavidsTea offers great high-quality tea. The COVID-19 pandemic has been extremely tough on this retailer. The company had 240 retail stores and had to shut down all 42 American and 166 Canadian locations. The company is restructuring to focus on e-commerce, so it’s a perfect opportunity to gift a DavidsTea e-gift card , and support a Canadian company in need. KiwiCo For those who have younger humans on their gift list, KiwiCo has an extensive assortment of toys, games and gifts for kids aged 0 to 18. Subscriptions are themed to STEAM activities (science, technology, engineering, arts and math) for a world of discovery. For those who love their Kobo, a Kobo e-gift card is an easy win. Buy the gift of the convenient word. The e-book version of a book is usually less expensive and is instantly accessible. So your giftee can get a lot more e-bang for your e-buck. Does someone on your gift list love books but also maybe more so a pillow? Or a candle? Indigo e-gift cards have got you covered. Give the gift of the written word, or items that will set the perfect environment for written word consumption — or as normal people call it — reading. It’s never too late to send your loved ones some love this holiday season. Happy e-gifting! Shopping Essentials is a category written by research-obsessed shopping experts. Explore product reviews, recommendations and launches — plus behind-the-scenes info on your favourite brands and hidden gems — learn more here or sign up for our newsletter .Blue Star Foods Moves its Listing to OTC Markets under its current symbol BSFCLONDON -- At 4-0 down after just 36 minutes, there was a danger that Julen Lopetegui was going to be the only person connected to West Ham left in the stands. The Hammers boss, serving a one-match touchline ban after picking up three yellow cards this season, watched on from a high vantage point as fans streamed out of London Stadium all around him before half-time, shaking their heads in disbelief at the havoc Arsenal wreaked below. And yet, four minutes later, out of nowhere, West Ham had scored twice. Hope was revived. Just when getting themselves in a position from which to mount a second-half comeback, goalkeeper Lukasz Fabianski punched Gabriel Magalhães to concede a penalty which Bukayo Saka converted to send the Gunners in 5-2 up at the break. Editor's Picks Arteta: 7-goal first half in win vs West Ham 'crazy' 23m James Olley Champions League matchday 5 review: Title odds and contenders, best XI, top games 2d Bill Connelly Welcome to ... Wroxham? Meet the tiny club often confused with the Welsh sensation 1d Mark Ogden It was, quite simply, absolute madness -- a glorious advert for the brilliantly chaotic, implausibly unpredictable Premier League product, which ranks as one of the United Kingdom's most successful global exports in any field. In the end, the seven first-half goals tied a league record with three other games, the last of which came between Reading and Manchester United in December 2012. Judging by the relative lack of empty seats -- most of those beleaguered West Ham fans returned anyway -- it was amusing that just when it seemed like more of the same would follow after the break, the second was goalless and uncompetitive. It felt like the proverbial early night in bed after the happy-hour hedonism. So, with about 15 minutes left, they started to leave again. It is, as ever, the hope that kills you as a sports fan and West Ham's had long been extinguished. Meaningful conclusions from games like this are ill-advised, but it should nevertheless be noted that after Arsenal needed a set-piece to break the deadlock, some of their football was a combination of divine and deadly. Gabriel Magalhaes's 10th-minute header was the final act of a set-piece routine that will earn Arsenal fresh praise even given their well-documented strength in those situations. Running from far post to near, the Gunners were a blur of movement, in which perhaps the most cunning act was Jurriën Timber 's gentle nudge on Lucas Paquetá to ensure Saka's delivery found Gabriel unmarked. If dark arts helped break the deadlock, Arsenal then well and truly stepped into the light. Crysencio Summerville had a 17th-minute effort correctly ruled out for offside but West Ham were then overrun, Martin Odegaard and Saka combining superbly to lay on a simple finish for Leandro Trossard . Saka then jinked into the box, and Paqueta could do nothing other than bring him down. Odegaard converted. Trossard then released Kai Havertz who finished low past Fabianski to cue the first mini-exodus. West Ham were the heavyweight knowing they were losing on points and therefore reduced to hopeful haymakers; inexplicably, they started landing. Carlos Soler was given too much space in the Arsenal defensive third, though his pass was superbly executed through for Aaron Wan-Bissaka to slot home. Wan-Bissaka had scored twice in 182 Premier League appearances, but now has two in six days. Because why not? STREAM ESPN FC DAILY ON ESPN+ Dan Thomas is joined by Craig Burley, Shaka Hislop and others to bring you the latest highlights and debate the biggest storylines. Stream on ESPN+ (U.S. only). Perhaps even more improbably, Declan Rice conceded a dubious free-kick awarded for a challenge on Paqueta, and Emerson Palmieri curled a stunning 25-yard free-kick in off the crossbar. It was the left-back's second goal in 20 months. Just as the visitors' sudden loss of composure sparked memories of Arsenal's 4-4 draw at Newcastle in February 2011 -- the only time a Premier League team has failed to win a game in which they led by four first-half goals -- Fabianski mistakenly floored Gabriel trying to meet a corner and Saka slotted home the penalty to conclude the scoring. Mercifully for them, the three-goal cushion proved sufficient. Arteta took pleasure in the restoration of the flow in Arsenal's game, triggered most significantly by Odegaard's return to the starting line-up; it is no coincidence the Norway playmaker's reintegration has come in a week when the Gunners scored 13 goals including five in the Champions League for the first time since 2008. There was one note of caution after that game, which proved prophetic here too. "Before and after half time you need to get through those 10-15 minutes in a different way," said Arteta after Tuesday's 5-1 win in Lisbon. "We gave so many balls away, and that doesn't allow you results." There was a similar sloppy spell here and there may come a time when that becomes the talking point. But not today, not after a 45-minute spell that ranks among the most tumultuous in recent memory.
Miami’s skyline is evolving rapidly, cementing the city’s status as a global destination for luxury living. A driving force behind this transformation is the surge in branded residences—luxury properties affiliated with iconic brands such as St. Regis , Aston Martin , Baccarat , and Bentley . But do these branded developments truly raise the bar for luxury real estate, or are they merely a marketing gimmick? Let’s delve into why branded residences are taking Miami by storm and whether they deliver on their promises. Branded residences are high-end residential properties that partner with luxury brands, incorporating the brand’s identity, design ethos, and service standards into the living experience. Although the brands don’t physically build the residences, they work closely with developers through branding agreements, allowing the property to carry the prestige of the brand name. For instance, the Aston Martin Residences doesn’t feature car manufacturing but integrates sleek, automotive-inspired interiors, reflecting the brand’s dedication to craftsmanship and elegance. This partnership adds allure, attracting buyers who identify with the brand’s luxury lifestyle. Miami has become a magnet for branded residential projects, with over 40 branded developments and more in the pipeline. But what makes Miami the ideal location for these luxury properties? ● Booming Real Estate Market: Miami’s real estate sector has seen tremendous growth, especially in the luxury segment. ● Tax-Friendly Jurisdiction: Florida’s lack of state income tax and favorable tax laws attract high-net-worth individuals from across the globe. ● Financial Hub: Miami is growing as an international financial center, drawing in wealthy investors and residents looking for high-end real estate. Furthermore, Miami’s appeal extends beyond economic advantages. The city boasts a vibrant cultural scene, exceptional dining, year-round tropical weather, and direct access to international travel through Miami International Airport. These factors make Miami not just a real estate investment hub but a lifestyle destination, attracting affluent individuals worldwide. Several branded projects stand out in Miami’s luxury real estate market: ● St. Regis Residences: Offers exclusive services like private dining, a wellness center, and a beach club. ● Aston Martin Residences: Features a “sky garage” allowing you to park next to your penthouse, bringing the brand’s sleek automotive aesthetic into daily living. ● Baccarat Residences: Combines the elegance of French design with Miami’s coastal lifestyle, featuring private pools and gourmet dining experiences. Other luxury brands such as Porsche, Bentley, Fendi, and Dolce & Gabbana are also making their mark on Miami’s evolving skyline. These developments reflect a broader trend where buyers increasingly seek alignment between their personal brand preferences and their living environments. Branded residences offer an unparalleled lifestyle, combining luxury with exclusivity. Here’s what sets them apart from standard luxury condos: Branded residences go beyond traditional amenities like pools and gyms. Residents enjoy access to unique features such as: ● Private dining rooms ● Cigar lounges ● Members-only beach clubs ● Private marinas Additionally, many branded residences integrate cutting-edge technology into their design. Smart home systems, biometric security features, and sustainable building practices are becoming standard in these developments, elevating their appeal to tech-savvy and environmentally conscious buyers. These properties offer round-the-clock services like 24/7 concierge, valet parking, personal shopping, and even on-demand spa treatments. Luxury brands like Baccarat and Bentley extend their reputation for excellence into daily living. Need concert tickets, yacht charters, or pet care? The concierge can handle it all, providing a five-star hotel experience in the comfort of your home. Branded residences attract affluent buyers who value privacy and exclusivity. These developments cultivate a sense of community among like-minded residents, whether networking over fine dining or forming friendships at exclusive clubs. In Miami, the diverse international mix of residents in branded residences further enhances the community experience, making these properties hubs for global networking and cultural exchange. The big question for potential buyers: Is the brand name worth the premium? Branded residences typically command a 25-30% price premium over non-branded luxury properties, with higher HOA fees reflecting the premium services and amenities offered. However, branded properties often provide better long-term value, selling faster and commanding higher resale prices. For example, Four Seasons Residences at Surfside saw resale prices soar by up to 180% over pre-construction prices. While branded residences offer unparalleled luxury, buyers should be prepared for higher ongoing costs. These properties are often bound by long-term management agreements with the brand, ensuring the residence maintains its high standards. As a result, HOA fees are significantly higher to cover premium services. Branded residences are not limited to Miami. This trend is global, with projects in cities like Dubai, New York, and London. The sector’s impressive trajectory is supported by an anticipated annual growth rate of 12% through 2026. This rise is fueled by the growing population of ultra-high-net-worth individuals (UHNWIs), projected to increase by 28.5% between 2022 and 2027. Florida, and particularly Miami, emerges as a leader in this market. With its tax benefits, international allure, and vibrant lifestyle, Miami offers the ideal conditions for branded developments to thrive, further cementing their premium status in luxury real estate. Globally, Asia and the Middle East are emerging as strong competitors in the branded residence market. For instance, Dubai has witnessed a surge in branded developments, including the Armani Residences and the Versace Palazzo. This global trend indicates that Miami’s market is not isolated but part of a broader, highly lucrative real estate strategy. Branded residences come with intricate legal agreements. Developers must adhere to strict guidelines set by the luxury brand, which often exceed standard real estate practices. These stipulations ensure that every element of the residence reflects the brand’s image and standards, from the quality of amenities to the governance of shared spaces in mixed-use developments. Buyers should also be aware of the potential challenges that come with these agreements, such as limited flexibility in property modifications and stringent resale conditions designed to protect the brand’s reputation. So, are branded residences the future of luxury living in Miami, or just a passing trend? With their unmatched amenities, personalized services, and exclusivity, it’s clear that they offer much more than just a famous name. For high-net-worth buyers, these properties promise not just a home, but a curated lifestyle aligned with their tastes and values. As Miami continues to attract wealth and talent, the branded residence model is poised for further evolution. Expect to see greater integration of sustainable practices, smart technologies, and even co-branding collaborations between multiple luxury brands to appeal to an increasingly discerning clientele. Branded residences may have started as a marketing tactic, but they have quickly become a new standard for luxury living. Offering more than just a well-known brand name, they provide a complete lifestyle experience, from exclusive services to tight-knit, affluent communities. For those looking to invest in a turnkey, worry-free luxury lifestyle, branded residences are here to stay.
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Aries : This is a time of discovery. You will have a desire to get out of your comfort zone and get new experiences. Look to update your skills and strive for certifications that may help you climb your career ladder. Do not argue with co-workers, and instead, focus on selling ideas with confidence. December’s energy is favourable for people who are willing to take risks in their careers. However, this month is not especially lucky when it comes to love. Do not rush into new relationships, as misunderstandings may arise. Taurus : Think about the areas of your life that require change, release, and creating a healthier emotional and financial environment. In terms of your career, this month will be a mixed bag. Candidates may get annoyed by such actions as postponing the interviews or cases where the employer is unclear about what they want. This is a good time to review insurance policies, wills, and long-term financial plans. Purchases of real estate or vehicles may be further discussed before the final decision is made. Gemini : This month’s energy challenges you to assess how effectively you collaborate and build the stability of your connections. This is a good time for singles to find that special someone through friends, business acquaintances or at work. For the committed, a discussion about the future is always useful and can make you and your partner see things in the same way. Concerning career, do not take all the work to yourself; it will be more productive if the work is divided. Networking will be especially useful this month. Cancer : The month is about maintaining order and tidiness and solving any problems that may still remain to hinder your progress. This is a time to deal with work assignments and demonstrate how well you can handle projects. Be careful with details because small errors can cause bigger problems. You may get involved in helping a family member deal with some difficulties. This may feel overwhelming, but it will enhance the relationships. If you have neglected health symptoms, now is the time to seek advice. Leo : You may need self-assertion and a wish to be noticed both in private and working life. However, moderation is the word when it comes to enthusiasm because it can lead to hasty decision-making. In your career, this is a month of creativity and risk-taking. A balance between creativity and business-mindedness will lead to desirable outcomes. If you are thinking about investing in real estate or the stock market, it is the right time to consider long-term goals. Singles will gain attention due to their charm and energetic personality. Virgo : This month may make you want to create balance in your private life. For those working, the focus should be on managing working responsibilities with other obligations. Financially, this is a good time to invest in real estate, though make sure to read the contract carefully. This is a favourable period for family gatherings and conversations, especially those concerning property or work division. If you are a student, this period is beneficial for research and courses that need a systematic approach. Libra : It is a month where you get a chance to learn new things through asking questions and making efforts. You may feel more confident in expressing yourself and participating in activities that make you better. In your career, it is the time to demonstrate your communication skills and foster good working relationships with your colleagues or clients. Those who are interested in writing, speaking, or social activities may get a job in public relations, sales or teaching. For those who are in love, this deepens the relationship through short trips. Scorpio : It’s the time to focus on your budget, work on your interpersonal skills, and be consistent with your behaviours in achieving your life goals. Financially, December is all about stability and planning. This is a good time to take stock of your financial position, be prudent in your spending, and consider your investment options. Discussions with parents or siblings regarding issues related to property, money or any future plans may come up. Cold weather may increase your likelihood of developing throat problems. Sagittarius : The month challenges you to own your life, improve yourself, and create momentum for the year. You will be full of energy and ready to chase your goals, but it is advisable to combine this energy with planning. At work, take the lead on projects that showcase your talents. Single people can get attention without any problem, and it is possible to meet someone who will be a powerhouse of energy. Family life will be pleasant this month as you will lead the people around you with a positive attitude. Capricorn : It is a time for relaxation, rejuvenation and shedding off all the troubles of the past. This time may be less social than usual, but it is a good chance to get some perspective and set goals. In your career this month, you may need patience and work in the background. Do not take risks this month because the energy is more suitable for steady growth than grand gestures. It is not advised to make large purchases or invest during this period. Take care of your health because stress can cause you to feel tired. Aquarius : December is a month of opportunities and recognition in your career. You can get a job through referral, hence the need to maintain a connection with your network. This is a good moment to assume leadership positions. Your skills to mobilise people and engage them towards a common cause will define you. Stock investments may bear fruit, especially if they are associated with technology-based industries. For singles, this is a time to find a partner through social or business-related contacts. Pisces : This is a month in your career where you can reap big if you put more effort and concentration. This is a time to be proactive and show your worth at the workplace. One will be able to effectively coordinate tasks and deal with issues that will earn the respect of supervisors and peers. In love, the stars make you loyal and committed to the person you are in a relationship with. Those who are single may get attracted to people who are focused and ambitious. Work commitments may overshadow your family time. ---------------------- Neeraj Dhankher (Vedic Astrologer, Founder - Astro Zindagi) Email: info@astrozindagi.in , neeraj@astrozindagi.in Url: www.astrozindagi.in Contact: Noida: +919910094779Deputy national security adviser Anne Neuberger offered new details about the breadth of the sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Neuberger divulged the scope of the hack a day after the FBI and the Cybersecurity and Infrastructure Security Agency issued guidance intended to help root out the hackers and prevent similar cyberespionage in the future. White House officials cautioned that the number of telecommunication firms and countries impacted could grow. The U.S. believes the hackers were able to gain access to communications of senior U.S. government officials and prominent political figures through the hack, Neuberger said. “We don’t believe any classified communications has been compromised,” Neuberger added during a call with reporters. She added that Biden was briefed on the findings and the White House “made it a priority for the federal government to do everything it can to get to the bottom this.” The Chinese embassy in Washington rejected the accusations that it was responsible for the hack Tuesday after the U.S. federal authorities issued new guidance. “The U.S. needs to stop its own cyberattacks against other countries and refrain from using cyber security to smear and slander China,” embassy spokesperson Liu Pengyu said. The embassy did not immediately respond to messages Wednesday. White House officials believe the hacking was regionally targeted and the focus was on very senior government officials. Federal authorities confirmed in October that hackers linked to China targeted the phones of then-presidential candidate Donald Trump and his running mate, Sen. JD Vance, along with people associated with Democratic candidate Vice President Kamala Harris. The number of countries impacted by the hack is currently believed to be in the “low, couple dozen,” according to a senior administration official. The official, who spoke on the condition of anonymity under rules set by the White House, said they believed the hacks started at least a year or two ago. The suggestions for telecom companies released Tuesday are largely technical in nature, urging encryption, centralization and consistent monitoring to deter cyber intrusions. If implemented, the security precautions could help disrupt the operation, dubbed Salt Typhoon, and make it harder for China or any other nation to mount a similar attack in the future, experts say. Neuberger pointed to efforts made to beef up cybersecurity in the rail, aviation, energy and other sectors following the May 2021 ransomware attack on Colonial Pipeline . “So, to prevent ongoing Salt Typhoon type intrusions by China, we believe we need to apply a similar minimum cybersecurity practice,” Neuberger said. The cyberattack by a gang of criminal hackers on the critical U.S. pipeline, which delivers about 45% of the fuel used along the Eastern Seaboard, sent ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure. Colonial confirmed it paid $4.4 million to the gang of hackers who broke into its computer systems as it scrambled to get the nation's fuel pipeline back online.TORONTO (AP) — Hannah Miller scored a power-play goal with 1:38 remaining in the game, lifting the Toronto Sceptres to a 3-1 victory over the Boston Fleet in the Professional Women’s Hockey League season opener on Saturday. With Boston standout Hilary Knight in the penalty box for a vicious boarding penalty on Sceptres defender Renata Fast, Miller made good on her rebound attempt on a shot by Daryl Watts with a half-open net. Fast recovered for an assist on the winner before 8,089 fans at Coca-Cola Coliseum. The Fleet challenged the goal, but video review deemed Miller’s shot was good. Sarah Nurse got Toronto on the board with a short-handed tally 11:50 into the first period and Emma Maltais added an empty-net strike with 12 seconds left. Boston’s Hilary Knight opened the scoring 3 minutes in, sending a slap shot past Toronto goalie Kristen Campbell, who registered 18 stops on the night. Toronto outshot Boston 41-19. Boston goalie Aerin Frankel, a big reason why her team advanced to the Walter Cup final last spring, had 38 saves. Sceptres: Billie Jean King MVP Natalie Spooner missed the season opener. The PWHL scoring champion underwent left knee surgery in June after getting injured in Game 3 of Toronto’s first-round series against Minnesota. Fleet: Defender Emma Greco played her first game for Boston. She was part of the Walter Cup-winning Minnesota team that defeated Boston in a three-game series last spring. With the game tied 1-1, the Sceptres failed to score during a 59-second 5-on-3 advantage midway through the second period. Boston blocked five shots during the span. Last year, Toronto enjoyed an 11-game win streak en route to its regular-season championship, including three wins against Boston. Boston will play its home opener on Wednesday, a rematch with the Walter Cup-champion Minnesota. Toronto visits Ottawa on Tuesday. AP women’s hockey: https://apnews.com/hub/womens-hockeyHayward Holdings CEO Kevin Holleran sells $799,140 in stock
Cardinals' sudden 3-game tailspin has turned their once solid playoff hopes into a long shotBROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Vail Resorts Inc. (MTN) on Monday reported a loss of $172.8 million in its fiscal first quarter. The Broomfield, Colorado-based company said it had a loss of $4.61 per share. The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $5.14 per share. The ski resort operator posted revenue of $260.3 million in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $249.4 million. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on MTN at https://www.zacks.com/ap/MTN
Star brutally denied by Bondi baddie
Advisors Asset Management Inc. decreased its position in B&G Foods, Inc. ( NYSE:BGS – Free Report ) by 45.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,724 shares of the company’s stock after selling 10,401 shares during the quarter. Advisors Asset Management Inc.’s holdings in B&G Foods were worth $113,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also modified their holdings of the company. Innealta Capital LLC bought a new position in B&G Foods in the 2nd quarter worth $33,000. nVerses Capital LLC bought a new position in shares of B&G Foods in the second quarter worth about $33,000. Versant Capital Management Inc lifted its position in shares of B&G Foods by 36.9% during the 2nd quarter. Versant Capital Management Inc now owns 5,768 shares of the company’s stock worth $47,000 after purchasing an additional 1,555 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in B&G Foods by 1,556.9% during the 1st quarter. Russell Investments Group Ltd. now owns 4,921 shares of the company’s stock valued at $56,000 after purchasing an additional 4,624 shares during the period. Finally, LRI Investments LLC acquired a new stake in B&G Foods in the 1st quarter valued at approximately $60,000. 66.15% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes A number of research analysts have recently commented on BGS shares. Evercore ISI cut their price target on B&G Foods from $10.00 to $9.00 and set an “in-line” rating for the company in a report on Wednesday, November 6th. StockNews.com raised shares of B&G Foods from a “sell” rating to a “hold” rating in a research report on Thursday, September 26th. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price target on shares of B&G Foods in a report on Wednesday, August 7th. Barclays dropped their price objective on shares of B&G Foods from $8.00 to $7.00 and set an “equal weight” rating on the stock in a report on Thursday, November 7th. Finally, TD Cowen reduced their target price on shares of B&G Foods from $8.00 to $7.50 and set a “sell” rating for the company in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $8.30. Insider Transactions at B&G Foods In related news, EVP Eric H. Hart purchased 5,000 shares of the stock in a transaction on Friday, November 15th. The shares were purchased at an average cost of $6.25 per share, for a total transaction of $31,250.00. Following the completion of the transaction, the executive vice president now directly owns 88,899 shares of the company’s stock, valued at approximately $555,618.75. The trade was a 5.96 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Also, Director Stephen Sherrill acquired 70,000 shares of the business’s stock in a transaction on Friday, November 8th. The shares were bought at an average cost of $6.63 per share, with a total value of $464,100.00. Following the completion of the acquisition, the director now owns 353,084 shares of the company’s stock, valued at approximately $2,340,946.92. This trade represents a 24.73 % increase in their position. The disclosure for this purchase can be found here . In the last ninety days, insiders purchased 90,111 shares of company stock valued at $593,054. Corporate insiders own 3.20% of the company’s stock. B&G Foods Price Performance BGS opened at $6.68 on Friday. The company has a market capitalization of $528.82 million, a P/E ratio of -19.65 and a beta of 0.61. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.64 and a quick ratio of 0.49. The firm’s fifty day moving average price is $7.82 and its two-hundred day moving average price is $8.34. B&G Foods, Inc. has a fifty-two week low of $6.12 and a fifty-two week high of $11.97. B&G Foods ( NYSE:BGS – Get Free Report ) last issued its earnings results on Tuesday, November 5th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.07). B&G Foods had a negative net margin of 1.34% and a positive return on equity of 6.97%. The business had revenue of $461.10 million for the quarter, compared to analyst estimates of $473.82 million. During the same quarter last year, the firm posted $0.27 earnings per share. B&G Foods’s revenue was down 8.3% on a year-over-year basis. On average, analysts anticipate that B&G Foods, Inc. will post 0.73 EPS for the current year. B&G Foods Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Stockholders of record on Tuesday, December 31st will be issued a $0.19 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 11.38%. B&G Foods’s payout ratio is presently -223.53%. B&G Foods Company Profile ( Free Report ) B&G Foods, Inc manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. The company's products include frozen and canned vegetables, vegetables, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, crackers, baking powder and soda, corn starch, nut clusters, and other specialty products. Further Reading Five stocks we like better than B&G Foods How to Buy Cheap Stocks Step by Step The Latest 13F Filings Are In: See Where Big Money Is Flowing Upcoming IPO Stock Lockup Period, Explained 3 Penny Stocks Ready to Break Out in 2025 How to invest in marijuana stocks in 7 steps FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Want to see what other hedge funds are holding BGS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for B&G Foods, Inc. ( NYSE:BGS – Free Report ). Receive News & Ratings for B&G Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B&G Foods and related companies with MarketBeat.com's FREE daily email newsletter .
Rosen Law Firm Encourages Macy's, Inc. Investors to Inquire About Securities Class Action Investigation - M
Topline The mother of Pete Hegseth, President-elect Donald Trump’s pick for Defense Secretary, previously accused Hegseth of having abused “many women,” the New York Times reported , marking the latest claims that could complicate Hegseth’s confirmation process. Timeline What To Watch For Hegseth, or any cabinet nominee that requires Senate approval, can afford to lose only three Republican votes to be confirmed for the job as the GOP will hold a slim 53-47 majority beginning next year. Hegseth and Vice President-elect JD Vance are lobbying lawmakers on Capitol Hill, and other GOP senators have expressed support, including Sen. John Barrasso, R-Wyo., who met with Hegseth on Thursday and told Politico he is a “strong nominee” who “pledged that the Pentagon will focus on strength and hard power—not the current administration’s woke political agenda.” What Are The Allegations Against Hegseth? The sexual assault allegations first surfaced several days after Trump announced Hegseth as his pick to lead the defense department via a memo sent to his transition team from a woman who said she was friends with the accuser. The accuser told police she went to the hospital, where a rape kit was performed, after having flashbacks to the incident several days after returning home from the conference, according to the police report. What Is Hegseth’s Response To The Allegations? Hegseth has firmly denied the allegations through his lawyer, Timothy Parlatore, who said Hegseth paid the woman a settlement in 2020 as part of a nondisclosure agreement. Parlatore said Hegseth entered into the agreement when he learned the woman and her husband hired a lawyer and told other people she planned to file a lawsuit against him. Hegseth told police he was intoxicated that night and did not know why the accuser returned to his hotel room with him, but that they had consensual sex, according to the police report. He said the woman “showed early signs of regret” the next morning, and he assured her that he would not tell anyone about the encounter, the report states. Has Hegseth Been Charged With A Crime? No. Police recommended the case to the Monterey County District Attorney’s Office for review, but charges were never filed. What Are Hegseth’s Views On The Military? Hegseth—who served in the National Guard—has intensely criticized military leadership, castigating their handling of the Afghanistan withdrawal. He has also drawn controversy for criticizing diversity initiatives within the military, and calling for the dismissal of military leaders he believes are connected to “woke” policies. He has publicly and privately advocated for members of the military accused of war crimes. Meanwhile, The Guardian reported Hegseth wrote in his 2020 book “American Crusade” that if President Joe Biden won the election, the military and police would be “forced to make a choice” and that there would be “some form of civil war.” Trump has previously suggested he would use the military to go after domestic political opponents, which he described as “the enemy from within.” What Has Hegseth Said About Women In The Military? Hegseth has argued women should not serve in combat roles, drawing some criticism . In his 2024 “The War on Warriors,” recapped by The Guardian, Hegseth reiterated his stance that only men should serve in combat roles. “If we’re going to send our boys to fight—and it should be boys—we need to unleash them to win,” he wrote, adding they need “to be the most ruthless” and “the most uncompromising. The most overwhelmingly lethal as they can be.” What Has Trump Said About Hegseth? Trump called Hegseth a “warrior” and “a true believer in America First” in a statement announcing the nomination on Nov. 12. The statement touts his service in the Army National Guard and his deployments to Guantanamo Bay, Iraq and Afghanistan, along with his eight years as a Fox News host. A spokesperson for Trump’s transition team told the Associated Press in response to the police report being made public Thursday it “corroborates what Mr. Hegseth’s attorneys have said all along: the incident was fully investigated and no charges were filed because police found the allegations to be false.” The report does not say whether officials made a determination about the allegations. Further Reading New Sexual Assault Allegation Details Against Pete Hegseth Emerge: Here’s What To Know As Trump Defends Defense Secretary Nominee (Forbes) Police Report Details 2017 Sexual Assault Allegation Against Pete Hegseth (Forbes) Trump’s Defense Secretary Pick Pete Hegseth Named In 2017 Sexual Assault Probe (Forbes)Thrivent Financial for Lutherans trimmed its position in shares of Independent Bank Group, Inc. ( NASDAQ:IBTX – Free Report ) by 5.3% in the third quarter, HoldingsChannel.com reports. The fund owned 28,313 shares of the bank’s stock after selling 1,572 shares during the period. Thrivent Financial for Lutherans’ holdings in Independent Bank Group were worth $1,633,000 at the end of the most recent quarter. Other hedge funds and other institutional investors also recently bought and sold shares of the company. Magnetar Financial LLC purchased a new stake in Independent Bank Group during the second quarter worth about $14,146,000. Silver Lake Advisory LLC purchased a new stake in Independent Bank Group during the 2nd quarter worth approximately $5,491,000. Dimensional Fund Advisors LP increased its stake in Independent Bank Group by 1.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,316,743 shares of the bank’s stock worth $105,456,000 after buying an additional 39,091 shares during the period. Versor Investments LP acquired a new stake in Independent Bank Group during the 2nd quarter worth approximately $1,296,000. Finally, Water Island Capital LLC purchased a new position in Independent Bank Group in the 2nd quarter valued at approximately $806,000. 77.90% of the stock is currently owned by hedge funds and other institutional investors. Analysts Set New Price Targets A number of analysts have recently weighed in on the company. Truist Financial cut their price objective on Independent Bank Group from $66.00 to $63.00 and set a “hold” rating on the stock in a research report on Wednesday, October 23rd. Keefe, Bruyette & Woods upped their price target on Independent Bank Group from $69.00 to $72.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, StockNews.com started coverage on Independent Bank Group in a research report on Saturday. They issued a “sell” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, Independent Bank Group presently has a consensus rating of “Hold” and an average price target of $58.83. Independent Bank Group Trading Down 0.5 % Shares of Independent Bank Group stock opened at $66.92 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.26. Independent Bank Group, Inc. has a 12-month low of $36.47 and a 12-month high of $68.66. The stock has a market cap of $2.77 billion, a price-to-earnings ratio of -6.40 and a beta of 1.38. The company has a fifty day simple moving average of $60.50 and a 200-day simple moving average of $53.97. Independent Bank Group ( NASDAQ:IBTX – Get Free Report ) last released its quarterly earnings results on Monday, October 21st. The bank reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.21). Independent Bank Group had a positive return on equity of 4.49% and a negative net margin of 43.45%. The firm had revenue of $255.18 million for the quarter, compared to analysts’ expectations of $124.48 million. During the same quarter in the prior year, the business earned $0.79 EPS. On average, equities analysts forecast that Independent Bank Group, Inc. will post 2.7 EPS for the current fiscal year. Independent Bank Group Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Thursday, October 31st were issued a $0.38 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.27%. Independent Bank Group’s payout ratio is -14.53%. Independent Bank Group Profile ( Free Report ) Independent Bank Group, Inc, through its subsidiary, Independent Bank provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. See Also Want to see what other hedge funds are holding IBTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Independent Bank Group, Inc. ( NASDAQ:IBTX – Free Report ). Receive News & Ratings for Independent Bank Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Independent Bank Group and related companies with MarketBeat.com's FREE daily email newsletter .
17 photos from Alex Salmond Edinburgh memorial as The Proclamiers and Elaine C Smith attend