VALPARAISO, Ind. (AP) — Tyler Schmidt came off the bench to score 19 points to lead Valparaiso to an 81-53 victory over Eastern Illinois on Sunday. Schmidt added three steals for the Beacons (3-2). Justus McNair scored 16 points while going 5 of 8 (4 for 6 from 3-point range). Darius DeAveiro had nine points and shot 3 for 11, including 3 for 9 from beyond the arc. Nakyel Shelton led the Panthers (1-5) in scoring, finishing with 20 points. Kooper Jacobi added 13 points and nine rebounds for Eastern Illinois. Zion Fruster had six points. Valparaiso took the lead with 5:07 remaining in the first half and did not relinquish it. The score was 35-29 at halftime, with Schmidt racking up 14 points. Valparaiso extended its lead to 66-38 during the second half, fueled by an 18-2 scoring run. McNair scored a team-high 11 points in the second half as their team closed out the win. NEXT UP Both teams play Northern Illinois next, Valparaiso at home on Wednesday and Eastern Illinois at home on Friday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .StockWatch: Moderna Seeks to Reassure Investors on RFK Jr.No. 5 UCLA stuns No. South Carolina, ends 43-game streak
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Horan Capital Advisors LLC. decreased its position in JPMorgan Chase & Co. ( NYSE:JPM ) by 1.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,345 shares of the financial services provider’s stock after selling 563 shares during the period. JPMorgan Chase & Co. makes up about 2.4% of Horan Capital Advisors LLC.’s portfolio, making the stock its 9th biggest holding. Horan Capital Advisors LLC.’s holdings in JPMorgan Chase & Co. were worth $7,242,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JPM. WFA Asset Management Corp grew its position in JPMorgan Chase & Co. by 51.2% during the 1st quarter. WFA Asset Management Corp now owns 1,216 shares of the financial services provider’s stock worth $244,000 after purchasing an additional 412 shares during the period. China Universal Asset Management Co. Ltd. purchased a new stake in shares of JPMorgan Chase & Co. in the first quarter worth about $1,185,000. Freestone Capital Holdings LLC grew its holdings in JPMorgan Chase & Co. by 4.2% during the first quarter. Freestone Capital Holdings LLC now owns 106,829 shares of the financial services provider’s stock worth $21,398,000 after acquiring an additional 4,296 shares during the period. EP Wealth Advisors LLC raised its position in JPMorgan Chase & Co. by 0.7% during the first quarter. EP Wealth Advisors LLC now owns 640,857 shares of the financial services provider’s stock valued at $128,364,000 after acquiring an additional 4,253 shares in the last quarter. Finally, Axxcess Wealth Management LLC lifted its holdings in JPMorgan Chase & Co. by 3.9% in the first quarter. Axxcess Wealth Management LLC now owns 167,057 shares of the financial services provider’s stock valued at $33,462,000 after acquiring an additional 6,280 shares during the period. Institutional investors and hedge funds own 71.55% of the company’s stock. Wall Street Analysts Forecast Growth A number of brokerages have recently commented on JPM. Robert W. Baird cut shares of JPMorgan Chase & Co. from a “neutral” rating to an “underperform” rating and set a $200.00 price objective on the stock. in a research note on Thursday, November 7th. Barclays increased their target price on shares of JPMorgan Chase & Co. from $217.00 to $257.00 and gave the stock an “overweight” rating in a research note on Monday, October 14th. Morgan Stanley lowered JPMorgan Chase & Co. from an “overweight” rating to an “equal weight” rating and lifted their price target for the company from $220.00 to $224.00 in a research note on Monday, September 30th. Wells Fargo & Company increased their price target on JPMorgan Chase & Co. from $240.00 to $270.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Finally, Daiwa Capital Markets dropped their price objective on JPMorgan Chase & Co. from $240.00 to $235.00 and set an “overweight” rating on the stock in a report on Thursday, October 10th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $229.31. JPMorgan Chase & Co. Stock Performance Shares of JPMorgan Chase & Co. stock opened at $248.55 on Friday. The business’s 50 day moving average price is $223.14 and its 200 day moving average price is $211.90. The company has a market cap of $699.75 billion, a price-to-earnings ratio of 13.83, a PEG ratio of 3.55 and a beta of 1.10. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.89 and a current ratio of 0.89. JPMorgan Chase & Co. has a one year low of $152.71 and a one year high of $249.15. JPMorgan Chase & Co. ( NYSE:JPM – Get Free Report ) last announced its quarterly earnings results on Friday, October 11th. The financial services provider reported $4.37 earnings per share for the quarter, beating the consensus estimate of $4.02 by $0.35. JPMorgan Chase & Co. had a net margin of 19.64% and a return on equity of 16.71%. The firm had revenue of $43.32 billion for the quarter, compared to analysts’ expectations of $41.43 billion. During the same quarter in the previous year, the company posted $4.33 EPS. The company’s revenue was up 6.5% compared to the same quarter last year. On average, research analysts predict that JPMorgan Chase & Co. will post 17.62 EPS for the current year. JPMorgan Chase & Co. Increases Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Friday, October 4th were issued a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, October 4th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.01%. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.15. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 27.82%. JPMorgan Chase & Co. Company Profile ( Free Report ) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. See Also Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. ( NYSE:JPM – Free Report ). Receive News & Ratings for JPMorgan Chase & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase & Co. and related companies with MarketBeat.com's FREE daily email newsletter .
Mainstream global opinion since Donald Trump won the US presidential election has been that his administration will bring instability to the world by imposing stiff import tariffs and abandoning America’s role as a security provider. We believe high tariffs and a withdrawal from providing global security are the two primary paths Trump has laid out to achieve his goal of making America great again. Therein lies a significant political and economic opportunity for China. For a start, Trump cannot aim these two policy thrusts solely at China; that would not help his goal at all. Making America great again has its own logic, which is to restore the country as the world’s leading manufacturing power. Only by protecting its domestic market and acquiring vast external funds can Trump ultimately serve his goal. The United States’ social system produced Wall Street, which led the country to develop and operate its economy along financial capitalist lines. Wall Street became an outsize part of the US economy and society. In this context, the decline of US manufacturing was inevitable, as was the loss of its crown as the world’s top industrial power. This has led to traditional manufacturing towns in the United States suffering from economic decline, unemployment and lower living standards.
Pat Bryant caught a 40-yard touchdown on fourth down with four seconds remaining as No. 25 Illinois rallied for a dramatic 38-31 victory over Rutgers on Saturday afternoon in Piscataway, N.J. With Rutgers playing cover-zero defense, Bryant caught Luke Altmyer's sidearm toss on fourth-and-13 at the 22-yard line in the middle of the field and ran in from the right side for a 36-31 lead. Bryant's dramatic catch came after Illinois initially decided to attempt a go-ahead 57-yard field goal into the wind. Following a timeout, the Ilini went for it on fourth down. Altmeyer's two-point conversion attempt to Bryant was incomplete, but the visitors recorded a safety on the game's final play. Bryant finished with seven catches for a career-high 197 yards, and his score came after Rutgers took a 31-30 lead on a 13-yard rushing TD by Kyle Monangai with 1:08 left. Monangai gave the Scarlet Knights the lead after Illinois overcame a nine-point deficit on Aidan Laughery's 8-yard TD run with 13:48 remaining and Altmyer's 30-yard run with 3:07 left. Bryant's clutch catch gave Illinois (8-3, 5-3 Big Ten) eight wins for the second time in three seasons on a day when it committed 11 penalties. Altmyer finished 12-of-26 passing for 249 yards and threw two touchdowns. He also gained a team-high 74 yards on the ground as the Ilini totaled 182 rushing yards. Monangai finished with 122 yards on 28 carries and Kaliakmanis completed 19-of-37 passes for 175 yards, but Rutgers (6-5, 3-5) was unable to win a third straight Big Ten game for the first time. Kaliakmanis also rushed for 84 yards and two touchdowns on 13 carries. The Scarlet Knights saw their losing streak against ranked teams reach 41 games after taking a 17-9 halftime lead and a 24-15 advantage early in the fourth. --Field Level MediaAtria Investments Inc boosted its position in shares of Nutanix, Inc. ( NASDAQ:NTNX – Free Report ) by 29.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 5,058 shares of the technology company’s stock after acquiring an additional 1,147 shares during the quarter. Atria Investments Inc’s holdings in Nutanix were worth $300,000 at the end of the most recent quarter. Several other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Nutanix in the second quarter valued at about $25,000. ORG Wealth Partners LLC bought a new stake in shares of Nutanix in the third quarter worth about $27,000. Itau Unibanco Holding S.A. purchased a new position in Nutanix during the 2nd quarter valued at about $32,000. GAMMA Investing LLC raised its position in Nutanix by 35.2% during the 2nd quarter. GAMMA Investing LLC now owns 933 shares of the technology company’s stock valued at $53,000 after purchasing an additional 243 shares during the last quarter. Finally, Signaturefd LLC lifted its holdings in Nutanix by 57.8% in the 3rd quarter. Signaturefd LLC now owns 956 shares of the technology company’s stock worth $57,000 after buying an additional 350 shares during the period. Hedge funds and other institutional investors own 85.25% of the company’s stock. Wall Street Analyst Weigh In NTNX has been the topic of several research analyst reports. Piper Sandler boosted their target price on Nutanix from $76.00 to $77.00 and gave the company an “overweight” rating in a research note on Thursday, August 29th. Oppenheimer assumed coverage on shares of Nutanix in a report on Wednesday, November 13th. They issued an “outperform” rating and a $80.00 price objective for the company. Northland Securities lifted their target price on shares of Nutanix from $71.00 to $74.00 and gave the company a “market perform” rating in a research note on Friday, August 30th. Royal Bank of Canada boosted their price target on shares of Nutanix from $70.00 to $75.00 and gave the company an “outperform” rating in a research report on Thursday, August 29th. Finally, Needham & Company LLC restated a “buy” rating and issued a $80.00 price objective on shares of Nutanix in a report on Thursday, August 29th. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, Nutanix has an average rating of “Moderate Buy” and an average price target of $73.86. Nutanix Stock Up 3.2 % Shares of NTNX opened at $73.18 on Friday. The stock has a market cap of $19.41 billion, a P/E ratio of -140.73, a P/E/G ratio of 13.01 and a beta of 1.17. The business’s 50 day moving average price is $63.90 and its 200-day moving average price is $59.37. Nutanix, Inc. has a 52 week low of $40.33 and a 52 week high of $73.69. Nutanix ( NASDAQ:NTNX – Get Free Report ) last released its earnings results on Wednesday, August 28th. The technology company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.02. Nutanix had a negative return on equity of 7.57% and a negative net margin of 5.81%. The business had revenue of $547.95 million for the quarter, compared to the consensus estimate of $537.12 million. On average, equities analysts anticipate that Nutanix, Inc. will post 0.27 EPS for the current year. Insider Activity at Nutanix In other news, COO David Sangster sold 11,950 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $59.83, for a total value of $714,968.50. Following the transaction, the chief operating officer now owns 123,868 shares in the company, valued at approximately $7,411,022.44. This represents a 8.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link . Also, CFO Rukmini Sivaraman sold 24,316 shares of the firm’s stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of $58.85, for a total transaction of $1,430,996.60. Following the sale, the chief financial officer now directly owns 192,169 shares of the company’s stock, valued at $11,309,145.65. This trade represents a 11.23 % decrease in their position. The disclosure for this sale can be found here . 6.80% of the stock is currently owned by insiders. About Nutanix ( Free Report ) Nutanix, Inc provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company offers hyperconverged infrastructure software stack that converges virtualization, storage, and networking services into a turnkey solution; Acropolis Hypervisor, an enterprise-grade virtualization solution; flow virtual networking and flow network security, which offers services to visualize the network, automate common network operations, and build virtual private networks; Nutanix Kubernetes Engine for automated deployment and management of Kubernetes clusters to simplify the provisioning, operations, and lifecycle management of cloud-native environments, applications, and microservices; and Nutanix Cloud Clusters. Recommended Stories Want to see what other hedge funds are holding NTNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nutanix, Inc. ( NASDAQ:NTNX – Free Report ). Receive News & Ratings for Nutanix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nutanix and related companies with MarketBeat.com's FREE daily email newsletter .Iowa QB Cade McNamara slams 'ridiculous' rumors
I was talking by phone last week with California’s new senator-elect, Adam Schiff, as he plowed through papers in a temporary basement office of the Capitol in his transition from House member to Congress’s upper chamber — famously, or formerly, “the greatest deliberative body in the world.” More on his feelings about that in a bit. First, as we began our conversation — this was a day before his clownish former House colleague Matt Gaetz dropped out from consideration as attorney general — we had a laugh about the often-ludicrous qualities of so many of the names put forward by the president-elect for his cabinet. “When he was president before” — and before Schiff led an impeachment prosecution against him in the Senate trial — “I had a meeting with him in the Oval Office. And I said, ‘You know, we should work together on infrastructure,’ and I also brought up the high cost of prescription drugs ... He was affable, and personable, and I think the first thing he said to me was, ‘You know, you do a really good job.’ And I think he meant, on TV. Because it echoed something that Jared Kushner told me during his deposition” for the impeachment. “During one of the recesses he came up to me and said, ‘You do a really good job on TV.’ Trump had just attacked me for the very first time, on Twitter. ‘Sleazy Adam Schiff spends too much time on TV,’ and blah blah blah. And I said, ‘Well, apparently your father-in-law doesn’t think so.’ And his response was, ‘Oh, yes he does, and that’s why.’ ... He’s obviously picked a lot of his cabinet by watching them on Fox. And he also watches his adversaries on Fox.” I asked Schiff if he would be able to work with Trump during his second term. “Well, I think he sees political value in attacking me. It’s why I was such a constant feature in his rallies. Even up to the very end, his closing argument was about me — ‘He’s the enemy from within.’ All I can do is do my job. Try to get stuff done in defending our democracy, our rights and freedoms. He can call me whatever he wants. I’m not going to lose focus on core responsibilities.” Back to the difference between being a congressman and a senator. Schiff and the 11 other new incoming senators — six Democrats, six Republicans — just spent the last week in official orientations about how the upper house works. After 20 years in the House, he was at least a bit familiar. But some things are different. “It’s been a combination of briefings from Senate officers and the sergeant at arms — including with our spouses; they wanted us all to get to know each other — about your Washington office, and your district office, and personal security. We would take a meal break and have lunch together. Social interaction is very important. We had other sessions with veteran senators of both parties about things to do, and things not. A main thing seems to be: Don’t just work together and not socialize. Invite people out to dinner. Don’t judge a book by its cover — guys who you know from TV” may be different in real life. I asked about the “greatest deliberative body” idea: “It really seems like a different culture in the Senate,” Schiff said. “There’s a recognition that you can’t get anything done unless you can find a partner on the other side of the aisle. It’s a small place and you can get to know each other well. There is a group of folks in the Senate who don’t want to get anything done. But apart from that group, there’s lots of opportunities to collaborate and deliver and so I’m very excited about it. It’s very entrepreneurial.” “I was worried,” he continued. “I’d been hearing that the character of the Senate was changing — that a number of the bomb throwers in the House had come over — but the climate is very different. There’s a real willingness to say, ‘Hey, we may disagree on this and that, but I know you’re interested in housing, or rural hospitals, so let’s work together.’” Although I didn’t want to get too deep into the weeds on the inevitable question of what’s next for Democrats after they lost the White House, still don’t have the House and lost the Senate, I was still curious about how California’s new senator could work with a guy who rails against him: “This president, given his track record, is going to abuse his office. But my first priority is to get things done. Playing defense is secondary.” Larry Wilson is on the Southern California News Group editorial board. lwilson@scng.com.
The Latest: Police believe gunman who killed UnitedHealthcare CEO has left New York CityThe Nigerian stock market closed the trading week ending November 22, 2024, on a positive note, with the All-Share Index (ASI) gaining 106.74 points to finish at 97,829.02. This marks a modest 0.11% gain compared to the previous week’s closing level of 97,722.28, reflecting sustained investor interest amid a surge in market activity. Market volume experienced a significant uptick, with 1.9 billion shares traded during the week—a substantial 31.73% increase from the 1.4 billion shares exchanged the previous week. Related Stories Market wrap: All-Share Index decline 0.24% amid vibrant trading activity, AUSTINLAZ tops gainers Market Wrap: UNILEVER and WAPCO shine as All-Share Index gains 0.23%; PZ, TIP weigh on activity The week’s market breadth painted a mixed picture, with 42 equities posting gains, an improvement from the 39 gainers recorded in the previous week. However, the number of decliners dropped sharply to 24 stocks, down from the 46 losers seen in the preceding week. The Nigerian stock market showed a mixed but mostly positive performance across several sectors during the week, boosted by a 31.73% increase in trading volume. Starting on a positive note, the All-Share Index (ASI) recorded gains from Monday to Wednesday, but slight declines on Thursday and Friday reversed some of the earlier surge. Among sectoral indices, the NGX Premium Index recorded a gain of 0.23%, while the NGX 30 and NGX Main Board Index posted modest increases of 0.05% and 0.03%, respectively, reflecting the overall bullish sentiment in the market. The NGX Insurance Index soared by 4.11%, driven by double-digit gains in Guinea Insurance, Sunu Insurance, and Mansard. Similarly, the NGX Consumer Index climbed 2.20%, fueled by over 20% rallies in Cadbury and Unilever. Other sectors followed suit, with the NGX Industrial Index rising by 1.08% and the NGX Oil & Gas Index advancing 0.25%. On the flip side, the NGX Banking Index declined by 2.00%, dragged down by losses of over 4% in FBN Holdings, Sterling Bank, and Stanbic IBTC. Leading the pack of gainers, JOHN HOLT PLC surged by 42.49%, followed by LAFARGE AFRICA, which rose by 28.57%. Other notable gainers included: CADBURY NIGERIA: up 22.41% to N21.30 GUINEA INSURANCE PLC: up 22.22% to N0.55 UNILEVER NIGERIA: up 20.82% to N29.60 PRESTIGE ASSURANCE: up 18.75% to N0.77 DANGOTE SUGAR: up 16.67% to N35.00 SUNU ASSURANCES: up 16.18% to N3.16 MANSARD: up 13.39% to N7.20 BETAGLAS: up 9.48% to N49.65 On the losing side, MULTIVERSE led the decline, plunging by 17.61%, followed by PZ CUSSONS NIGERIA and UNIVERSITY PRESS, which both fell by 11.62%. Other significant decliners included: RT BRISCOE: down 9.40% to N2.70 FBN HOLDINGS: down 7.97% to N25.40 BERGER PAINTS: down 7.71% to N17.35 PRESCO: down 7.29% to N450.00 STERLING BANK: down 5.61% to N4.71 VERITAS KAPITAL: down 5.38% to N1.23 STANBIC IBTC: down 5.09% to N55.00 The past week featured notable corporate developments across various sectors of the Nigerian market. Champion Breweries PLC announced a notice for an Extraordinary General Meeting. ASO Savings and Loans PLC released its unaudited financial statement for the period ended December 31, 2023. Cutix PLC issued a notice regarding the cancellation of its previously scheduled Extraordinary General Meeting. Conoil PLC shared resolutions passed at its 54th Annual General Meeting (AGM). Despite this week’s dip in the banking sector, which pulled the All-Share Index from a high above 98,200 to below 98,000, the index managed to end slightly in positive territory. A recovery in the banking sector, particularly among Tier 1 banks, combined with sustained positive momentum in other sectors, could drive the index higher in the sessions ahead.
Cover Five: With pressure rising, Matt Rhule delivers Nebraska a bowl bid in Year 2
