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Sowei 2025-01-13
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ISLAMABAD (AP) — Pakistani police arrested thousands of Imran Khan supporters ahead of a rally in the capital to demand the ex-premier’s release from prison, a security officer said Sunday. Khan has been behind bars for more than a year and has over 150 criminal cases against him. But he remains popular and his political party, Pakistan Tehreek-e-Insaf or PTI, says the cases are politically motivated. Shahid Nawaz, a security officer in eastern Punjab province, said police have arrested more than 4,000 Khan supporters. They include five parliamentarians. Pakistan has sealed off Islamabad with shipping containers and shut down major roads and highways connecting the city with PTI strongholds in Punjab and northwestern Khyber Pakhtunkhwa provinces. Tit-for-tat teargas shelling between the police and the PTI was reported on the highway bordering Punjab and Khyber Pakhtunkhwa. Earlier on Sunday, Pakistan suspended mobile and internet services “in areas with security concerns.” The government and Interior Ministry posted the announcement on the social media platform X, which is banned in Pakistan. They did not specify the areas, nor did they say how long the suspension would be in place. “Internet and mobile services will continue to operate as usual in the rest of the country,” the posts said. Meanwhile, telecom company Nayatel sent out emails offering customers “a reliable landline service” as a workaround in the areas suffering suspended cellphone service. Khan's supporters rely heavily on social media to demand his release and use messaging platforms like WhatsApp to share information, including details of events. PTI spokesperson Sheikh Waqas Akram said Khan's wife Bushra Bibi was traveling to Islamabad in a convoy led by the chief minister of Khyber Pakhtunkhwa, Ali Amin Gandapur. “She cannot leave the party workers on their own,” said Akram. There was a festive mood in Peshawar, with PTI members dancing, drumming and holding up pictures of Khan as cars set off for Islamabad. The government is imposing social media platform bans and targeting VPN services , according to internet advocacy group Netblocks. On Sunday, the group said live metrics showed problems with WhatsApp that were affecting media sharing on the app. The U.S. Embassy issued a security alert for Americans in the capital, encouraging them to avoid large gatherings and warning that even “peaceful gatherings can turn violent.” Last month, authorities suspended the cellphone service in Islamabad and Rawalpindi to thwart a pro-Khan rally. The shutdown disrupted communications and affected everyday services such as banking, ride-hailing and food delivery. The latest crackdown comes on the eve of a visit by Belarusian President Alexander Lukashenko . Interior Minister Mohsin Naqvi said authorities have sealed off Islamabad's Red Zone, which houses key government buildings and is the destination for Khan's supporters. “Anyone reaching it will be arrested,” Naqvi told a press conference. He said the security measures were in place to protect residents and property, blaming the PTI for inconveniencing people and businesses. He added that protesters were planning to take the same route as the Belarusian delegation, but that the government had headed off this scenario. Naqvi denied cellphone services were suspended and said only mobile data was affected. Associated Press writers Riaz Khan in Peshawar and Asim Tanveer in Multan contributed to this report.None

Dec 2 (Reuters) - Microchip Technology lowered its third-quarter revenue forecast on Monday and announced the closure of its wafer manufacturing factory in Arizona, as the chipmaker looks to restructure under interim CEO Steve Sanghi. Microchip has been through a tumultuous few quarters, grappling with slowing orders for its automotive chips as carmakers, navigating an uncertain macro economy, clear existing inventory which they built up to avoid a supply crunch. The company now expects revenue to be close to the lower end of its previous forecast of $1.03 billion, below analysts' expectations of $1.06 billion as per data compiled by LSEG. Shares of Microchip fell over 3.5% in extended trading after being around 3% higher at close. The company's stock has fallen 22% so far this year. Microchip expects to shut down the Arizona facility in the September 2025 quarter and generate annual cash savings of around $90 million. "With inventory levels high and having ample capacity in place, we have decided to shut down our Tempe wafer fabrication facility that we refer to as Fab 2," said interim CEO Sanghi, who came into the role after Ganesh Moorthy retired from the top job at the end of November. The company said the closure should help the company moderate its inventory levels beginning in the fourth quarter and will affect around 500 employees. The company said that its other factories in Oregon and Colorado have ample space for expansion and plans to transition product manufacturing from the Arizona plant to other such facilities. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Krishna Chandra Eluri)

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Quest Partners LLC bought a new position in shares of Take-Two Interactive Software, Inc. ( NASDAQ:TTWO – Free Report ) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,152 shares of the company’s stock, valued at approximately $484,000. Other institutional investors and hedge funds have also made changes to their positions in the company. Swiss National Bank increased its position in Take-Two Interactive Software by 2.7% during the third quarter. Swiss National Bank now owns 493,508 shares of the company’s stock worth $75,857,000 after buying an additional 13,200 shares during the period. CIBC Asset Management Inc grew its position in shares of Take-Two Interactive Software by 9.1% during the third quarter. CIBC Asset Management Inc now owns 53,345 shares of the company’s stock worth $8,200,000 after acquiring an additional 4,456 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Take-Two Interactive Software by 2.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 402,889 shares of the company’s stock valued at $61,928,000 after acquiring an additional 10,837 shares during the period. WCM Investment Management LLC raised its position in Take-Two Interactive Software by 28.6% in the 3rd quarter. WCM Investment Management LLC now owns 12,895 shares of the company’s stock valued at $1,974,000 after purchasing an additional 2,867 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in Take-Two Interactive Software by 5.9% during the 3rd quarter. Principal Financial Group Inc. now owns 189,496 shares of the company’s stock worth $29,127,000 after purchasing an additional 10,491 shares during the period. 95.46% of the stock is owned by hedge funds and other institutional investors. Insider Transactions at Take-Two Interactive Software In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the company’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now directly owns 9,692 shares in the company, valued at $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Corporate insiders own 1.45% of the company’s stock. Wall Street Analyst Weigh In Check Out Our Latest Stock Analysis on Take-Two Interactive Software Take-Two Interactive Software Stock Performance NASDAQ:TTWO opened at $188.15 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $33.04 billion, a P/E ratio of -8.89, a price-to-earnings-growth ratio of 5.62 and a beta of 0.85. The firm has a 50-day moving average price of $162.18 and a two-hundred day moving average price of $156.48. Take-Two Interactive Software, Inc. has a twelve month low of $135.24 and a twelve month high of $188.45. Take-Two Interactive Software Company Profile ( Free Report ) Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises. Recommended Stories Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. ( NASDAQ:TTWO – Free Report ). Receive News & Ratings for Take-Two Interactive Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software and related companies with MarketBeat.com's FREE daily email newsletter .The Commanders should lead 7-3. Instead, the game is tied 7-7. Washington had Atlanta stopped on third down twice on the drive, either of which would have resulted in a field goal. The first came on fourth-and-4 from the Washington 28 when Riley Patterson kicked a 46-yard field goal. Cornerback Mike Sainristil lined up offsides, though, costing Washington a 5-yard penalty and giving the Falcons a first down. The Falcons drove to the Washington 6, where they faced third-and-goal. Rookie Michael Penix threw incomplete to Drake London, but cornerback Michael Davis was called for defensive pass interference. That gave the Falcons a first down at the 1, and Bijan Robinson scored easily with 5:10 left. Penix is 6-of-11 for 52 yards and an interception.Vikings will host Vanden on Saturday night in north state title game

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( MENAFN - Jordan Times) AMMAN - It was a good week for Jordan on both the football and basketball scenes. Wihdat and Hussein moved to the quarterfinals of the Asian Football Confederation (AFC) Asian Champions League (ACL) Two after two crucial Round 5 matches, while Jordan qualified to the FIBA Asia Cup in basketball. Wihdat held Sepahan Isfahan 1-1 to top Group C maintaining an unbeaten run after they had earlier beat them 2-1, Tajikistan's Istiklol 1-o twice and held UAE's Sharjah 2-2. In other group matches, Sepahan upset Sharjah 3-1 after losing 3-1. Sharjah beat Istiklol 1-0 and 3-1 and Sepahan beat Istiklol 4-0. For Jordan league champs Hussein, their home game against UAE's Ahli Dubai wastough. They led 2-0 but lost 3-2 to drop to second in Group D but nevertheless qualified to the quarters. Hussein had earlierlost 3-1to Ahli, beat Uzbekistan's Nasaf Qarshi twice as well as Kuwait Club 2-1. In other group matches, Ahli held Kuwait 3-3 after earlier beating them 4-1, Kuwait held Nasaf 0-0 and beat them 2-1 while Nasaf upsetAhli 2-1. In Round 6, Wihdat will host Sharjahon December 3 and Hussein will play an away match against Kuwait on December 4. Basketball qualifies to FIBA Asia Cup In basketball, Jordan qualified to the 31st FIBA Asia Cup 2025 after playing Window 2 Group D matches, managing a below par 87-81 win over Palestine after beating Iraq 73-64 to maintain an unbeaten streak after scoring two wins in window 1, with wins over Palestine 73-46 and Saudi Arabia 79-64. It will be Jordan's 17th time at the FIBA Asia Cup (formerly FIBA Asia Championship) with their best position finishing runner-up in 2011. The Kingdom is 2023Asian Gamessilver medalist and three-time qualifier to the World Cup, 2010, 2019 and 2023. MENAFN02122024000028011005ID1108949056 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

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