None
Gas Discharge Tube Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Seekway Technology Ltd. SeeReal Technologies GmbH Sony CorporationNEW YORK (AP) — Richard Parsons, one of corporate America's most prominent Black executives who held top posts at Time Warner and Citigroup, died Thursday. He was 76. Parsons, who died at his Manhattan home, was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later. The financial services company Lazard, where Parsons was a longtime board member, confirmed his death. The NBA, where Parsons was interim CEO of the Los Angeles Clippers in 2014, was among organizations offering condolences. “Dick Parsons was a brilliant and transformational leader and a giant of the media industry who led with integrity and never shied away from a challenge,” NBA Commissioner Adam Silver said. Parsons’ friend Ronald Lauder told The New York Times that the cause of death was cancer. Parsons stepped down Dec. 3 from the boards of Lazard and Lauder's company, Estée Lauder, citing health reasons. He had been on Estée Lauder’s board for 25 years. Parsons, a Brooklyn native who started college at 16, was named chairman of Citigroup in 2009, one month after leaving Time Warner Inc., where he helped restore the company’s stature following its much-maligned acquisition by internet provider America Online Inc. He steered Citigroup back to profit after financial turmoil from the subprime mortgage crisis, which upended the economy in 2007 and 2008. Parsons was named to the board of CBS in September 2018 but resigned a month later because of illness. Parsons said in a statement at the time that he was already dealing with multiple myeloma when he joined the board, but “unanticipated complications have created additional new challenges.” He said his doctors advised him to cut back on his commitments to ensure recovery. “Dick’s storied career embodied the finest traditions of American business leadership,” Lazard said in a statement. The company, where Parsons was a board member from 2012 until this month, praised his “unmistakable intelligence and his irresistible warmth.” “Dick was more than an iconic leader in Lazard’s history — he was a testament to how wisdom, warmth, and unwavering judgment could shape not just companies, but people’s lives,” the company said. “His legacy lives on in the countless leaders he counseled, the institutions he renewed, and the doors he opened for others.” Parsons was known as a skilled negotiator, a diplomat and a crisis manager. Although he was with Time Warner through its difficulties with AOL, he earned respect for the company and rebuilt its relations with Wall Street. He streamlined Time Warner’s structure, pared debt and sold Warner Music Group and a book publishing division. He also fended off a challenge from activist investor Carl Icahn in 2006 to break up the company and helped Time Warner reach settlements with investors and regulators over questionable accounting practices at AOL. Parsons joined Time Warner as president in 1995 after serving as chairman and chief executive of Dime Bancorp Inc., one of the largest U.S. thrift institutions. In 2001, after AOL used its fortunes as the leading provider of Internet access in the U.S. to buy Time Warner for $106 billion in stock, Parsons became co-chief operating officer with AOL executive Robert Pittman. In that role, he was in charge of the company’s content businesses, including movie studios and recorded music. He became CEO in 2002 with the retirement of Gerald Levin, one of the key architects of that merger. Parsons was named Time Warner chairman the following year, replacing AOL founder Steve Case, who had also championed the combination. The newly formed company’s Internet division quickly became a drag on Time Warner. The promised synergies between traditional and new media never materialized. AOL began seeing a reduction in subscribers in 2002 as Americans replaced dial-up connections with broadband from cable TV and phone companies. Parsons stepped down as CEO in 2007 and as chairman in 2008. A year later AOL split from Time Warner and began trading as a separate company, following years of struggles to reinvent itself as a business focused on advertising and content. Time Warner is now owned by AT&T Inc. A board member of Citigroup and its predecessor, Citibank, since 1996, Parsons was named chairman in 2009 at a time of turmoil for the financial institution. Citigroup had suffered five straight quarters of losses and received $45 billion in government aid. Its board had been criticized for allowing the bank to invest so heavily in the risky housing market. Citigroup returned to profit under Parsons, starting in 2010, and would not have a quarterly loss again until the fourth quarter of 2017. Parsons retired from that job in 2012. In 2014 he stepped in as interim CEO of the Clippers until Microsoft CEO Steve Ballmer took over later that year. Parsons, a Republican, previously worked as a lawyer for Nelson Rockefeller, a former Republican governor of New York, and in Gerald Ford’s White House. Those early stints gave him grounding in politics and negotiations. He also was an economic adviser on President Barack Obama’s transition team. Parsons, who loved jazz and co-owned a Harlem jazz club, also served as Chairman of the Apollo Theater and the Jazz Foundation of America. And he held positions on the boards of the Smithsonian National Museum of African American History and Culture, the American Museum of Natural History and the Museum of Modern Art in New York City. Parsons played basketball at the University of Hawaii at Manoa and received his law degree from Albany Law School in 1971. He is survived by his wife, Laura, and their family. This obituary was primarily written by the late Associated Press reporter Anick Jesdanun, who died in 2020 .Charles Schwab Investment Management Inc. boosted its stake in Sealed Air Co. ( NYSE:SEE – Free Report ) by 45.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,613,957 shares of the industrial products company’s stock after buying an additional 502,999 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.11% of Sealed Air worth $58,587,000 as of its most recent filing with the SEC. Several other large investors have also recently bought and sold shares of SEE. Everence Capital Management Inc. increased its stake in shares of Sealed Air by 2.8% during the third quarter. Everence Capital Management Inc. now owns 13,940 shares of the industrial products company’s stock worth $506,000 after purchasing an additional 380 shares during the period. United Services Automobile Association increased its position in Sealed Air by 3.5% during the 2nd quarter. United Services Automobile Association now owns 11,533 shares of the industrial products company’s stock worth $401,000 after buying an additional 393 shares during the period. Mount Yale Investment Advisors LLC increased its position in Sealed Air by 1.3% during the 2nd quarter. Mount Yale Investment Advisors LLC now owns 36,643 shares of the industrial products company’s stock worth $1,275,000 after buying an additional 467 shares during the period. Sendero Wealth Management LLC lifted its holdings in shares of Sealed Air by 7.2% during the third quarter. Sendero Wealth Management LLC now owns 8,215 shares of the industrial products company’s stock worth $298,000 after buying an additional 550 shares in the last quarter. Finally, MADDEN SECURITIES Corp boosted its position in shares of Sealed Air by 9.1% in the second quarter. MADDEN SECURITIES Corp now owns 7,210 shares of the industrial products company’s stock valued at $251,000 after acquiring an additional 600 shares during the period. 94.40% of the stock is owned by institutional investors. Wall Street Analyst Weigh In A number of equities analysts recently commented on the stock. StockNews.com raised shares of Sealed Air from a “hold” rating to a “buy” rating in a research report on Friday, November 22nd. Truist Financial dropped their price target on shares of Sealed Air from $44.00 to $41.00 and set a “buy” rating for the company in a research report on Tuesday, October 15th. Jefferies Financial Group lowered Sealed Air from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $47.00 to $35.00 in a research note on Friday, August 9th. Morgan Stanley started coverage on Sealed Air in a research report on Wednesday, September 4th. They set an “equal weight” rating and a $39.00 target price for the company. Finally, Raymond James raised Sealed Air from a “market perform” rating to a “strong-buy” rating and set a $42.00 price target for the company in a research note on Thursday, October 17th. Seven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Sealed Air has a consensus rating of “Moderate Buy” and an average price target of $41.00. Sealed Air Stock Performance NYSE:SEE opened at $36.59 on Friday. The company has a market capitalization of $5.33 billion, a PE ratio of 13.45, a P/E/G ratio of 5.01 and a beta of 1.34. Sealed Air Co. has a fifty-two week low of $30.87 and a fifty-two week high of $41.14. The company has a debt-to-equity ratio of 5.62, a quick ratio of 0.79 and a current ratio of 1.29. The company has a 50 day simple moving average of $35.81 and a two-hundred day simple moving average of $35.84. Sealed Air ( NYSE:SEE – Get Free Report ) last announced its earnings results on Thursday, November 7th. The industrial products company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. Sealed Air had a net margin of 7.34% and a return on equity of 74.21%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter last year, the firm earned $0.77 earnings per share. Sealed Air’s quarterly revenue was down 2.7% on a year-over-year basis. Research analysts anticipate that Sealed Air Co. will post 3.06 earnings per share for the current year. Sealed Air Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.19%. The ex-dividend date is Friday, December 6th. Sealed Air’s dividend payout ratio (DPR) is presently 29.41%. About Sealed Air ( Free Report ) Sealed Air Corporation provides packaging solutions in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety, shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, fluids and liquids and cheese markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, LIQUIBOX, Simple Steps, and Optidure brands. See Also Want to see what other hedge funds are holding SEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sealed Air Co. ( NYSE:SEE – Free Report ). Receive News & Ratings for Sealed Air Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sealed Air and related companies with MarketBeat.com's FREE daily email newsletter .
NASSAU, Bahamas — Anthony Dell’Orso hit five 3-pointers and scored 21 points, Caleb Love added three 3s and 20 points and No. 24 Arizona pulled away for a 104-71 victory over Davidson at the Battle 4 Atlantis on Wednesday night to snap a two-game skid. Trey Townsend added 17 points, Tobe Awaka had 13 points and 10 rebounds and Motiejus Krivas scored 10 points for Arizona (3-2), which shot 57% and made 11 of 22 from 3-point range. Connor Kochera scored 20 points and Bobby Durkin hit five 3s and added 15 points for Davidson (4-1), which shot 38% and made just 11 of 34 3-point tries. Arizona's 17-point second-half lead was cut to six about 7 1/2 minutes into the second half but the team outscored Davidson 36-9 the rest of the way. Arizona led at halftime 49-37. Takeaways Arizona arrived at this tournament after losses to Wisconsin and Duke. Once ranked No. 9 in The Associated Press Top 25 poll, the Wildcats had slipped to No. 24. They're trying to keep alive a streak of having been ranked in the last 61 AP polls. This victory helps but there are more obstacles ahead in this tourney. Key moment Townsend's second 3-pointer to cap an 18-4 run left Davidson behind after it had cut an earlier 17-point deficit to six points. In this handout provided by Bahamas Visual Services, Arizona guard Jaden Bradley goes to the basket as Davidson forward Sean Logan (15) defends during an NCAA college basketball game at the Battle 4 Atlantis tournament in Paradise Island, Bahamas Wednesday, Nov. 27, 2024. Credit: AP/Tim Aylen Key stats Though Arizona shot well from the arc, much of its effort went to using its dominance inside to outscore Davidson 50-28 in the paint. It's interior defense helped hold Davidson's top offensive weapon, 6-foot-11 Reed Bailey, a 19 points-per-game scorer, to nine points and 3-of-11 shooting. Up next Arizona takes on Oklahoma, a 79-77 winner over Providence, in the semifinals on Thursday. Davidson will play the Friars in the consolation bracket.With shares up 38% since Nov. 5, Tesla ( TSLA 3.69% ) has been a huge beneficiary of Trump's presidential election victory. CEO Elon Musk played a key role in the campaign, and many investors believe his company stands to benefit from the new economic and regulatory framework. That said, Tesla's situation isn't all peaches and cream. Let's discuss some pros and cons of investing in the stock. Core automotive operations have matured While Tesla benefited tremendously from being an early mover to the electric vehicle (EV) opportunity, its edge in brand recognition and technology seems to be stalling. Third-quarter revenue grew by a measly 2% year over year to $20 billion -- a far cry from the 74% growth the company posted in the corresponding quarter three years ago. To be fair, Tesla is a victim of its own success. The company's Model Y is the best-selling car on the planet, beating out established mass-market rivals like the Toyota Corolla or Rav4. The company's sheer scale will make it challenging to generate continued growth because most people who want a Tesla vehicle probably already have one. The good news is that Tesla is still an exceptionally well-managed, lean business capable of maintaining its margins. Despite the flat revenue, the company increased its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) by 24% to $4.7 billion. While the automotive business no longer looks like a key growth driver, it can serve as a stable cash cow as management pivots to other opportunities. What does Trump's reelection mean for Tesla? Elon Musk stumped for the Trump campaign and donated at least $132 million to the effort through his super PAC, America PAC. However, while Trump's victory has led to a surge in Tesla stock, it is unclear how the new administration's policies will impact the company's top and bottom lines. According to Reuters, Trump's transition team aims to end the Biden-era tax credit for EVs. This $7,500 subsidy makes electric cars more affordable relative to their gas-consuming peers, likely helping their sales. Trump has also promised to cut back on outsourced manufacturing, which could run contrary to Tesla's ambition to build a new factory in Mexico. All that said, Musk still seems confident in America's Trump-led future. And while the loss of subsidies could hurt demand for Tesla cars, Musk's company may be better able to compete in a more competitive environment because of its economies of scale and manufacturing expertise. The Trump administration could also ease some regulations around Tesla's other growth opportunities like self-driving cars, robotics, and artificial intelligence. These businesses could become increasingly important for Tesla as its EV growth continues to slow down. The valuation seems far too optimistic All in all, Tesla seems to be in a pretty neutral situation: not particularly good or bad. Core automotive growth has slowed dramatically, but margins and profitability remain strong. And while nonautomotive opportunities (like self-driving cars) could become key growth drivers, it could take years or even decades for that story to play out. Trump's election victory also doesn't seem likely to significantly impact Tesla's near-term prospects. So, the recent rally seems overdone. With a forward price-to-earnings (P/E) multiple of 103, Tesla's valuation looks very out of line with the company's fundamentals. And while it is still a fantastic company, it isn't a buy at this price. Investors should wait for a better entry point before considering a position in the stock.
NoneDublin Central General Election 2024 updates: ‘You have given us a powerful and strong mandate’ – Mary Lou set to take first seat with Hutch in contention for final seatAt least this NFL game wasn't on Christmas -- because it was far from merry. Just a day after the Houston Texans posted only two points in a blowout loss to the Baltimore Ravens , the Seattle Seahawks and Chicago Bears closed out the Thursday Night Football schedule with a whimper. Seattle moved to 9-7 with a lackluster 6-3 victory over Chicago, which dropped its 10th straight game to fall to 4-12 after a promising 4-2 start. All field goals were scored in the first half. Chicago quarterback Caleb Williams had the chance to steal the game at home late and ruin Seattle's playoff chances, but failed. Let's analyze the Week 17 game further with winners and losers: While Geno Smith didn't have an impressive showing -- he completed 17 of 23 passes for 160 yards, no touchdowns, no picks and three sacks -- the running game did its part to win on the margins. Zach Charbonnet led the way with 57 yards on 15 rushes, but backup Kenny McIntosh came up big with 46 yards on seven attempts, pioneered by a 25-yarder. Smith added 19 yards on three carries, making it 122 total on 25 attempts for Seattle on the night. For comparison's sake, Chicago finished at 103 yards on 23 carries after D'Andre Swift ended the game on a positive note. The game is all about the moments. Despite the score being at 6-3 and no teams capitalizing throughout, the game fell on the shoulders of Williams for a chance to win at home right after Christmas. Instead, Williams capped off his disappointing night with a pick. On a 4th-and-10, Williams felt immediate pressure on a blitz and lofted up a ball toward Keenan Allen. But Riq Woolen soared over Allen and brought down the pick. Sure, maybe the draft pick for Chicago would be better long term. However, it'd also be encouraging to see Williams lead a game-winning drive as a rookie. He ended the game completing 16 of 28 passes for 122 yards, no touchdowns and the above pick. He took seven sacks. Having a good kicker is extremely important. It matters even more so in games like this, where one missed kick could prove costly. Both Seattle's Jason Myers and Chicago's Cairo Santos earned their paycheck, albeit in an awkward way. Myers made both his attempts, the longest being from 50 yards. Santos made his lone attempt, which was from 42. A win is a win, but how those wins are earned could go a long way in predicting playoff chances. Seattle entered the game needing a win to put the pressure on the 9-6 Los Angeles Rams . But this showing will likely not improve confidence levels much moving forward, with the team needing the Rams to lose to the already-eliminated Arizona Cardinals on Sunday to set up a blockbuster NFC West title match in Week 18. But if the Rams win, Seattle needs four wins from the Green Bay Packers, New York Jets , Detroit Lions, Atlanta Falcons, Denver Broncos or Miami Dolphins for strength-of-schedule purposes heading into Week 18, where a Seattle road win over Los Angeles could be enormous in the NFC West picture.
LUCKNOW: Indian Muslim protesters clashed with police Sunday with at least two people killed in riots sparked by a survey investigating if a 17th-century mosque was built on a Hindu temple. "Two persons were confirmed dead," Pawan Kumar, a police officer in Sambhal in the northern state of Uttar Pradesh, told AFP , adding that 16 police officers were "seriously injured" during the clashes. The Press Trust of India news agency quoted officials saying three people had died. Hindu activist groups have laid claim to several mosques they say were built over Hindu temples during the Muslim Mughal empire centuries ago. Street battles broke out when a team of surveyors entered the Shahi Jama Masjid in Sambhal on orders from a local court, after a petition from a Hindu priest claiming it was built on the site of a Hindu temple. Protesters on Sunday hurled rocks at police, who fired tear gas canisters to clear the crowd. Hindu nationalist activists were emboldened earlier this year when Prime Minister Narendra Modi inaugurated a grand new Hindu temple in the northern city of Ayodhya, built on grounds once home to the centuries-old Babri mosque. That mosque was torn down in 1992 in a campaign spearheaded by members of Modi's party, sparking sectarian riots that killed 2,000 people nationwide, most of them Muslims. Some Hindu campaigners see an ideological patron in Modi. Calls for India to more closely align the country's officially secular political system with its majority Hindu faith have rapidly grown louder since Modi was swept to office in 2014, making the country's roughly 210-million-strong Muslim minority increasingly anxious about their future.Top Data Science Jobs to Apply
Missed kicks. Poor tackling. Costly penalties. Week 12 was filled with sloppy play around the NFL, leading to some upsets and surprising outcomes. Jayden Daniels nearly led Washington to an improbable comeback down 10 in the final two minutes against Dallas only to fall short because Austin Seibert's extra point sailed wide left. After a field goal and successful onside kick, Daniels connected with Terry McLaurin on an 86-yard catch-and-run touchdown to bring the Commanders within one point with 21 seconds remaining. But Seibert's point-after attempt failed and the Cowboys returned the ensuing onside kick for a touchdown to seal a 34-26 victory. Special teams were atrocious for both teams. Seibert also missed his first extra point and Washington allowed KaVontae Turpin's 99-yard kickoff return for a score earlier in the fourth quarter. The Cowboys missed a field goal, had another blocked and had a punt blocked. "What a wild special teams moment of blocked punts, kicks, kickoff returns, blocked field goals, just a number of things going to that spot," Commanders coach Dan Quinn said. Washington (7-5) was a 10 1/2-point favorite over the undermanned Cowboys (4-7) but ended up losing a third straight game. The Houston Texans were 8-point favorites against the lowly Tennessee Titans and let the game come down to Ka'imi Fairbairn missing a 28-yard field goal that would have tied it with just under two minutes left. C.J. Stroud threw two interceptions, was sacked four times and the Texans (7-5) committed 11 penalties, including an illegal shift that negated a go-ahead 33-yard TD pass to Nico Collins on the drive that ended with Fairbairn's miss in the 32-27 loss. The Titans (3-8) averaged just 17 points per game before putting 32 on the scoreboard against Houston's defense that entered No. 4 in the league. "We didn't do anything well enough to win this game," Texans coach DeMeco Ryans said. "Out of all the positives that we did have, there were way too many negatives. Too many negative plays. Score, get a penalty, get touchdowns called back. Get penalties on special teams. Just way too many negative plays defensively, like unexplainable explosives for touchdowns. We just didn't play good across the board." The San Francisco 49ers didn't have quarterback Brock Purdy, star edge rusher Nick Bosa and All-Pro left tackle Trent Williams against Green Bay. That was no excuse for their undisciplined performance. The Niners committed nine penalties and their tackling was shoddy in a 38-10 loss to the Packers. The defending NFC champions are 5-6 with a trip to Buffalo (9-2) coming up. They're still only one game behind Seattle and Arizona in the NFC West. "I'm really not concerned right now about how many guys were missing. We didn't play good enough, so that's not a factor. But, when you are missing some guys, you do have to be better. When you have those penalties and we didn't stop the run like we did and we had those three turnovers in the second half, that's how you get embarrassed." Coming off their first loss of the season, the two-time defending Super Bowl champion Chiefs needed Patrick Mahomes' heroics on the final drive to beat Carolina 30-27. Mahomes ran 33 yards to set up Spencer Schrader's 31-yard field goal as time expired. Kansas City had 10 penalties, including a pass interference that gave the Panthers (3-8) another chance to make the 2-point conversion that tied the game with 1:46 remaining. On defense, the Chiefs (10-1) suddenly shaky unit gave up 334 total yards against Bryce Young and an offense that entered last in the NFL. "We've got to do better. We're doing good in the red zone but that's only a third of the field," Chiefs safety Bryan Cook said. "We will go back and look at the film to see what we're doing week to week, and see the tendencies that we're giving up, and just move forward from there. At the end of the day, we're all vets in the room for the most part. ... got to go back to the drawing board and see what we're doing and correct it from there." The Vikings allowed the Bears to recover an onside kick with 21 seconds left and Caleb Williams followed with a 27-yard pass to D.J. Moore to set up Cairo Santos' tying 48-yard field goal. But Minnesota won in overtime, 30-27. The Chiefs and Vikings overcame their mistakes in narrow victories. The Commanders, Texans and 49ers couldn't. They have to be better down the stretch to make a playoff run. Get local news delivered to your inbox!The Great Tech Wake-Up Call: VCs Discover Billions In Inefficient Engineering TeamsNo secrets as Bucs visit Dave Canales, Panthers for NFC South showdown