NoneCitigroup Inc. boosted its stake in RBC Bearings Incorporated ( NYSE:RBC – Free Report ) by 7.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,157 shares of the industrial products company’s stock after purchasing an additional 1,770 shares during the quarter. Citigroup Inc. owned about 0.09% of RBC Bearings worth $8,130,000 as of its most recent filing with the SEC. Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Raymond James Trust N.A. boosted its holdings in shares of RBC Bearings by 2.6% in the 3rd quarter. Raymond James Trust N.A. now owns 2,116 shares of the industrial products company’s stock valued at $633,000 after purchasing an additional 53 shares during the last quarter. Legacy Advisors LLC boosted its holdings in RBC Bearings by 1.4% in the second quarter. Legacy Advisors LLC now owns 4,534 shares of the industrial products company’s stock valued at $1,223,000 after acquiring an additional 61 shares during the last quarter. UMB Bank n.a. grew its position in RBC Bearings by 416.7% during the third quarter. UMB Bank n.a. now owns 93 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 75 shares during the period. GAMMA Investing LLC increased its stake in RBC Bearings by 23.2% during the third quarter. GAMMA Investing LLC now owns 440 shares of the industrial products company’s stock worth $132,000 after acquiring an additional 83 shares during the last quarter. Finally, RiverPark Advisors LLC raised its holdings in shares of RBC Bearings by 9.6% in the 2nd quarter. RiverPark Advisors LLC now owns 993 shares of the industrial products company’s stock worth $268,000 after purchasing an additional 87 shares during the period. Insider Activity In other news, CEO Michael J. Hartnett sold 19,283 shares of the company’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $289.42, for a total value of $5,580,885.86. Following the sale, the chief executive officer now owns 317,814 shares in the company, valued at approximately $91,981,727.88. This represents a 5.72 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . In the last three months, insiders sold 34,127 shares of company stock worth $9,839,707. 2.60% of the stock is currently owned by insiders. Analysts Set New Price Targets View Our Latest Research Report on RBC Bearings RBC Bearings Stock Performance RBC Bearings stock opened at $335.11 on Friday. RBC Bearings Incorporated has a 12-month low of $240.36 and a 12-month high of $343.92. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.48 and a quick ratio of 1.28. The company has a market capitalization of $10.53 billion, a price-to-earnings ratio of 49.59, a price-to-earnings-growth ratio of 4.67 and a beta of 1.51. The firm’s fifty day moving average price is $301.50 and its 200 day moving average price is $290.28. RBC Bearings ( NYSE:RBC – Get Free Report ) last released its quarterly earnings results on Friday, November 1st. The industrial products company reported $2.29 EPS for the quarter, missing the consensus estimate of $2.30 by ($0.01). RBC Bearings had a return on equity of 9.88% and a net margin of 14.06%. The business had revenue of $397.90 million during the quarter, compared to analyst estimates of $403.89 million. During the same quarter last year, the firm posted $2.07 EPS. The company’s revenue was up 3.2% compared to the same quarter last year. On average, research analysts forecast that RBC Bearings Incorporated will post 8.94 EPS for the current fiscal year. RBC Bearings Company Profile ( Free Report ) RBC Bearings Incorporated manufactures and markets engineered precision bearings, components, and systems in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications. Further Reading Receive News & Ratings for RBC Bearings Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RBC Bearings and related companies with MarketBeat.com's FREE daily email newsletter .
President-elect Donald Trump promised during his reelection campaign that he would declassify all of the remaining government records surrounding the assassination if he returned to office. He made a similar pledge during his first term, but ultimately bended to appeals from the CIA and FBI to keep some documents withheld. At this point, only a few thousand of the millions of governmental records related to the assassination have yet to be fully released, and those who have studied the records released so far say that even if the remaining files are declassified, the public shouldn't anticipate any earth-shattering revelations. “Anybody waiting for a smoking gun that’s going to turn this case upside down will be sorely disappointed,” said Gerald Posner, author of “Case Closed,” which concludes that assassin Lee Harvey Oswald acted alone. Friday's 61st anniversary is expected to be marked with a moment of silence at 12:30 p.m. in Dealey Plaza, where Kennedy's motorcade was passing through when he was fatally shot. And throughout this week there have been events marking the anniversary. When Air Force One carrying Kennedy and first lady Jacqueline Kennedy touched down in Dallas , they were greeted by a clear sky and enthusiastic crowds. With a reelection campaign on the horizon the next year, they had gone to Texas on political fence-mending trip. But as the motorcade was finishing its parade route downtown, shots rang out from the Texas School Book Depository building. Police arrested 24-year-old Oswald and, two days later, nightclub owner Jack Ruby fatally shot Oswald during a jail transfer. A year after the assassination, the Warren Commission, which President Lyndon B. Johnson established to investigate the assassination, concluded that Oswald acted alone and there was no evidence of a conspiracy. But that hasn't quelled a web of alternative theories over the decades. In the early 1990s, the federal government mandated that all assassination-related documents be housed in a single collection in the National Archives and Records Administration. The collection of over 5 million records was required to be opened by 2017, barring any exemptions designated by the president. Trump, who took office for his first term in 2017, had boasted that he'd allow the release of all of the remaining records but ended up holding some back because of what he called the potential harm to national security. And while files have continued to be released during President Joe Biden's administration, some still remain unseen. The documents released over the last few years offer details on the way intelligence services operated at the time, and include CIA cables and memos discussing visits by Oswald to the Soviet and Cuban embassies during a trip to Mexico City just weeks before the assassination. The former Marine had previously defected to the Soviet Union before returning home to Texas. Mark S. Zaid, a national security attorney in Washington, said what's been released so far has contributed to the understanding of the time period, giving “a great picture” of what was happening during the Cold War and the activities of the CIA. Posner estimates that there are still about 3,000 to 4,000 documents in the collection that haven’t yet been fully released. Of those documents, some are still completely redacted while others just have small redactions, like someone's Social Security number. There are about 500 documents where all the information is redacted, Posner said, and those include Oswald's and Ruby’s tax returns. “If you have been following it, as I have and others have, you sort of are zeroed in on the pages you think might provide some additional information for history,” Posner said. Trump's transition team hasn’t responded to questions this week about his plans when he takes office. From the start, there were those who believed there had to be more to the story than just Oswald acting alone, said Stephen Fagin, curator of the Sixth Floor Museum at Dealey Plaza, which tells the story of the assassination from the building where Oswald made his sniper's perch. “People want to make sense of this and they want to find the solution that fits the crime," said Fagin, who said that while there are lingering questions, law enforcement made “a pretty compelling case” against Oswald. Larry J. Sabato, director of the University of Virginia Center for Politics, said his interest in the assassination dates back to the event itself, when he was a child. “It just seemed so fantastical that one very disturbed individual could end up pulling off the crime of the century," Sabato said. “But the more I studied it, the more I realized that is a very possible, maybe even probable in my view, hypothesis.”ITV I'm A Celebrity viewers hit out at 'boring' result as 'predictable' winner crowned
Arkansas State holds No. 16 Memphis at bay in upsetMarta's magic helped get the Pride to Saturday's NWSL title game against the Washington Spirit
A designated disability minister will be appointed to each Government department to “champion disability inclusion and accessibility”, the Government has announced. Work and pensions minister Sir Stephen Timms said the move aims to drive “real improvements” for disabled people, whom the ministers will be encouraged to engage with on a regular basis. He told the Commons: “I am very pleased to be able to announce today the appointment of new lead ministers for disability in each Government department, they will represent the interests of disabled people, champion disability inclusion and accessibility within their departments. “I’m going to chair regular meetings with them and will encourage them to engage directly with disabled people and their representative organisations, as they take forward their departmental priorities. “And I look forward to this new group of lead ministers for disability together driving real improvements across Government for disabled people.” This came during an adjournment debate on International Day of Persons with Disabilities, where Liberal Democrat MP Steve Darling raised concerns about “floating bus stops”, which have a cycle lane between the stop and the pavement. Intervening, the MP for Torbay, who is registered blind, said: “The Government needs to ban floating bus stops.” Sir Stephen said: “I do think this issue about floating bus stops is an important issue which we need to work across Government to reflect on.” Labour MP Debbie Abrahams, who led the debate, had earlier criticised the lack of accessibility for disabled people on trains. The Oldham East and Saddleworth MP said: “Our train network does not have level access, and we heard Dame Tanni Grey-Thompson from the other place make this plea back in the summer, absolutely outrageous what she was put through. “But I was absolutely shocked to find, when I had a presentation of the TransPennine route upgrade, that the rolling stock yet to be commissioned is not going to provide that level access. “It’s absolute nonsense, it’s not even in the design of that procurement, so we must do better than this.”This Smart Video Doorbell Is My Favorite, and It's Still on Sale for $100 After Cyber Monday
Here’s why Colorado communities are opposing a proposed Utah railroad at the U.S. Supreme Court this week
Foreign Affairs Minister Mélanie Joly is not escalating a war of words with Mexico, after the Mexican president criticized Canada’s culture and its framing of border issues. “I fundamentally believe that many conversations, when it comes to diplomacy, are always better when they remain private,” Joly said Monday during a teleconference from Brussels. The rift between the two trading partners started with U.S. president-elect Donald Trump’s declaration that he plans to impose 25 per cent tariffs on all goods from both countries unless they stop the flow of migrants and illegal drugs into the U.S. Several federal and provincial officials in Canada responded by saying the issues at the Canadian border are vastly different from the Mexican border. Prime Minister Justin Trudeau, for example, has voiced concerns that the level of Chinese investment in Mexico goes against the economic-security goals of Ottawa and Washington. Some premiers have called on Canada to negotiate a trade deal with Washington independent from Mexico, ahead of the 2026 review of the Canada-U.S.-Mexico Agreement, which replaced NAFTA during Trump’s last tenure in the White House. In a Monday press conference, Mexican President Claudia Sheinbaum said Mexico “must be respected, especially by its trading partners.” She also noted that Canada has “a very serious problem with fentanyl consumption,” more than Mexico, and possibly as a result of some drug-decriminalization measures. “We are not going to fall for a provocation of which country is better,” she said, chalking some criticism from Canada up to political pandering. “Mexico should not be used as part of (Canadian) electoral campaigns,” she said. Yet Sheinbaum also said Canada “could only wish they had the cultural riches Mexico has,” saying her country has civilizations dating back thousands of years. Asked to respond, Joly said she is reaching out to Mexican officials after speaking with the U.S., including about the “very important trade agreement” that includes all three countries. “I know there has been many conversations in Canada about how we can work together and how we can, at the same time, protect our interests,” she said. “We have a positive relationship with Mexico, and we need to work with the country; that’s definitely my goal.” Christopher Sands, director of the Canada Institute at the Woodrow Wilson Center in Washington, said tensions between both countries played out in the NAFTA renegotiation, when there was limited communication between Ottawa and Mexico City. “The Canada-Mexico relationship has always been the weakest part of the triangle of North America,” he said. “There was a lot of feeling during the (CUSMA) negotiations that Mexico was willing to go it alone, and that Canada particularly toward the end was on the outside looking in, and had to fight its way back to the table.” He said Washington would rather have a trade pact with all three countries so it can limit the time and attention it needs on continental issues. “The U.S. is probably the most trilateral of all three countries,” he said, with a caveat. “I think Donald Trump looks at this going into 2026 and says, ‘Great, divide and conquer.’” Sands added that Sheinbaum and her predecessor have implemented nationalist policies that have been at odds with Washington. “The Mexican government has been moving in a direction which is antithetical to the North American project (through) nationalizing parts of the economy, by reversing energy reforms, by doing deals with the cartels. (They are) sometimes working co-operatively with the Americans in the borders, and sometimes not.” Sheinbaum indicated a week ago that she would be writing a letter to Trudeau. That has not been made public, although she did release a letter she had sent to Trump.Star Power in Philly in Support of Israel’s National Emergency Medical Response Organization
