REPEAT/ZoomInfo Named To Newsweek’s 2025 Excellence 1000 IndexFormer Fresno State quarterback Mikey Keene is transferring to Michigan with one year of eligibility remaining. Confirming earlier reports, Keene posted an image of himself in a Wolverines uniform on social media on Monday. Keene passed for 2,892 yards with 18 touchdowns and 11 interceptions in 12 games for the Bulldogs in 2024. Fresno State opened the season with a 30-10 loss at Michigan on Aug. 31, with Keene throwing for 235 yards with one touchdown and two picks. Including two seasons at UCF (2021-22), Keene has completed 67.8 percent of his passes for 8,245 yards with 65 TDs and 28 interceptions in 39 games. Keene's competition for the starting job at Michigan includes incoming freshman Bryce Underwood, the 247Sports Composite's No. 1 overall player in the 2025 recruiting class. --Field Level MediaFresno State QB Mikey Keene transferring to Michigan
NEW YORK (AP) — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher after flipping between gains and losses several times during the day. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 461 points, or 1.1%, and the Nasdaq composite edged up by less than 0.1%. Nvidia rose just 0.5% after beating analysts’ estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations due to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia’s revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock meandered through Thursday as well, dragging the S&P 500 and other indexes back and forth. How Nvidia’s stock performs has more impact than any other because it’s grown into Wall Street’s most valuable company at roughly $3.6 trillion. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.7% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 8.3% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 ended up rising Thursday, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.7%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 4.7% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. All told, the S&P 500 rose 31.60 points to 5,948.71. The Dow jumped 461.88 to 43,870.35, and the Nasdaq composite added 6.28 to 18,972.42. In the crypto market, bitcoin eclipsed $99,000 for the first time before pulling back toward $98,000, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin got a further boost after Gary Gensler, the chair of the Securities and Exchange Commission, said Thursday he would step down in January . Gensler has pushed for more protections for crypto investors. Bitcoin and related investment have a notorious history of big price swings in both directions. MicroStrategy, a company that’s been raising cash expressly to buy bitcoin, saw an early Thursday gain of 14.6% for its stock quickly disappear. It finished the day with a loss of 16.2%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Stock indexes elsewhere in Asia and Europe were mixed. In the bond market, the yield on the 10-year Treasury inched up to 4.43% from 4.41% late Wednesday following some mixed reports on the U.S. economy. One said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.All amounts in US dollars unless otherwise indicated BROOKFIELD, News, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable today announced that the Toronto Stock Exchange (the “ TSX ”) has accepted notices filed by Brookfield Renewable Partners L.P. ( TSX: BEP.UN ; NYSE: BEP ) (“ BEP ”) of its intention to renew its normal course issuer bids for its limited partnership units (“ LP Units ”) and Class A preferred limited partnership units (“ Preferred Units ”); Brookfield Renewable Corporation ( TSX: BEPC ; NYSE: BEPC ) (“ BEPC ” and together with BEP, “ Brookfield Renewable ”) of its intention to renew its normal course issuer bid for its outstanding class A exchangeable subordinate voting shares (“ Exchangeable Shares ”); and Brookfield Renewable Power Preferred Equity Inc. (“ BRP Equity ”) of its intention to renew its normal course issuer bid for its outstanding Class A preference shares (“ Preferred Shares ”). BRP Equity is a wholly-owned subsidiary of BEP. Brookfield Renewable believes that the renewed normal course issuer bid will provide the flexibility to use available funds to purchase LP Units, Preferred Units, Exchangeable Shares or Preferred Shares, as applicable, should they be trading in price ranges that do not fully reflect their value, representing an attractive use of available funds. There are currently three series of Preferred Units and five series of Preferred Shares outstanding and listed on the TSX. Under BEP’s normal course issuer bid for LP Units, BEP is authorized to repurchase up to 14,255,578 LP Units, representing 5% of its issued and outstanding LP Units. At the close of business on December 5, 2024, there were 285,111,569 LP Units issued and outstanding. Under BEP’s normal course issuer bid, it may repurchase up to 74,937 LP Units on the TSX during any trading day, which represents 25% of the average daily trading volume of 299,749 LP Units for the six months ended November 30, 2024. Under BEPC’s normal course issuer bid for Exchangeable Shares, BEPC is authorized to repurchase up to 8,982,042 Exchangeable Shares, representing 5% of its issued and outstanding Exchangeable Shares. At the close of business on December 5, 2024, there were 179,640,851 Exchangeable Shares issued and outstanding. Under BEPC’s normal course issuer bid, it may repurchase up to 70,747 Exchangeable Shares on the TSX during any trading day, which represents 25% of the average daily trading volume of 282,988 Exchangeable Shares for the six months ended November 30, 2024. Under BEP’s normal course issuer bid for Preferred Units, BEP is authorized to repurchase a total of approximately 10% of the public float of each respective series of the Preferred Units as follows: 1. Calculated as at Dece mber 5 , 202 4 . 2. For the 6 months ended November 30 , 20 2 4 . 3. In accordance with TSX rules, any daily repurchases with respect to t he Series 18 Preferred Units would be limited to 1,000 Series 18 Preferred Units . Under BRP Equity’s normal course issuer bid for Preferred Shares, BRP Equity is authorized to repurchase a total of approximately 10% of the public float of each respective series of the Preferred Shares as follows: 4. Calculated as at Decembe r 5 , 2 02 4 . 5. For the 6 months ended November 30 , 20 2 4 . 6. In accordance with TSX rules, any daily repurchases with respect to the Series 2 Preferred Shares , the Series 5 Preferred Shares and the Series 6 Preferred Shares would be limited to 1,000 Preferred Shares of such series . Repurchases under each normal course issuer bid are authorized to commence on December 18, 2024 and each normal course issuer bid will terminate on December 17, 2025, or earlier should Brookfield Renewable or BRP Equity, as applicable, complete repurchases under its respective normal course issuer bids prior to such date. Under BEP’s prior normal course issuer bid for LP Units that commenced on December 18, 2023 and expires on December 17, 2024, BEP previously sought and received approval from the TSX to repurchase up to 14,361,497 LP Units. As of December 5, 2024, BEP has repurchased 2,279,654 LP Units under its current normal course issuer bid through open market transactions on the TSX and alternative trading systems at a weighted average price per LP Unit of approximately CDN$30.86. Under BEPC’s prior normal course issuer bid that commenced on December 18, 2023 and expires on December 17, 2024, BEPC previously sought and received approval from the TSX to repurchase up to 8,982,586 Exchangeable Shares. BEPC has not repurchased any Exchangeable Shares under its existing normal course issuer bid in the past 12 months. Under BEP’s prior normal course issuer bid for Preferred Units that commenced on December 18, 2023 and expires on December 17, 2024, BEP previously sought and received approval from the TSX to repurchase up to 700,000 Series 7 Preferred Units, 1,000,000 Series 13 Preferred Units, 700,000 Series 15 Preferred Units and 600,000 Series 18 Preferred Units. BEP did not repurchase any Preferred Units under this normal course issuer bid. Under BRP Equity’s prior normal course issuer bid that commenced on December 18, 2023 and expires on December 17, 2023, BRP Equity previously sought and received approval from the TSX to repurchase up to 684,953 Series 1 Preferred Shares, 311,053 Series 2 Preferred Shares, 996,139 Series 3 Preferred Shares, 411,450 Series 5 Preferred Shares and 700,000 Series 6 Preferred Shares. BRP Equity did not repurchase any Preferred Shares under this normal course issuer bid. All purchases of the LP Units and Exchangeable Shares will be effected through the facilities of the TSX and/or the New York Stock Exchange and/or alternative trading systems in Canada and/or the United States. All purchases of Preferred Units and Preferred Shares will be effected through facilities of the TSX and/or alternative trading systems in Canada. All LP Units, Preferred Units, Exchangeable Shares and Preferred Shares acquired under the applicable normal course issuer bid will be cancelled. Repurchases will be subject to compliance with applicable Canadian securities laws. BEP and BEPC intend to enter into automatic share purchase plans, which have been pre-cleared by the TSX, on or about the week of December 23, 2024 in relation to their respective normal course issuer bids. The automatic share purchase plans will allow for the purchase of LP Units, Preferred Units and Exchangeable Shares, as applicable, subject to certain trading parameters, at times when BEP or BEPC, as applicable, ordinarily would not be active in the market due to its own internal trading blackout periods, insider trading rules or otherwise. Outside these periods, LP Units, Preferred Units or Exchangeable Shares, as applicable, will be repurchased in accordance with management’s discretion, in compliance with applicable law. Brookfield Renewable Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar, distributed generation and storage facilities in North America, South America, Europe and Asia. Our operating capacity totals over 35,000 megawatts and our development pipeline stands at approximately 200,000 megawatts. Our portfolio of sustainable solutions assets includes our investments in Westinghouse (a leading global nuclear services business) and a utility and independent power producer with operations in the Caribbean and Latin America, as well as both operating assets and a development pipeline of carbon capture and storage capacity, agricultural renewable natural gas and materials recycling. Investors can access the portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation. Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading global alternative asset manager with over $1 trillion of assets under management. Please note that Brookfield Renewable’s previous audited annual and unaudited quarterly reports filed with the U.S. Securities and Exchange Commission (“ SEC ”) and securities regulators in Canada, are available on our website at https://bep.brookfield.com , on SEC’s website at www.sec.gov and on SEDAR+’s website at www.sedarplus.com . Hard copies of the annual and quarterly reports can be obtained free of charge upon request. Cautionary Statement Regarding Forward-looking Statements This news release contains forward-looking statements and information within the meaning of Canadian securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws. Forward-looking statements and information may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Forward-looking statements and information can be identified by the use of words such as “will”, “believes” and “may” or variations of such words and phrases and include statements regarding the potential future purchases by BEP of its LP Units and Preferred Units, by BEPC of its Exchangeable Shares and by BRP Equity of its Preferred Shares pursuant to their respective normal course issuer bids and, as applicable, automatic repurchase plans. Although Brookfield Renewable believes that these forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on them, or any other forward-looking statements or information in this news release. The future performance and prospects of Brookfield Renewable are subject to a number of known and unknown risks and uncertainties. Factors that could cause actual results of Brookfield Renewable to differ materially from those contemplated or implied by the statements in this news release include: general economic conditions; interest rate changes; availability of equity and debt financing; the performance of the LP Units, the Preferred Units, the Exchangeable Shares or the Preferred Shares or the stock exchanges generally; and other risks and factors described in the documents filed by Brookfield Renewable with securities regulators in Canada and the United States including under “Risk Factors” in Brookfield Renewable’s most recent Annual Report on Form 20-F and other risks and factors that are described therein. Except as required by law, Brookfield Renewable does not undertake any obligation to publicly update or revise any forward-looking statements or information, whether written or oral, whether as a result of new information, future events or otherwise.
A chorus of support is growing behind actress Blake Lively after she filed a complaint alleging sexual harassment and a smear campaign against "It Ends With Us" co-star Justin Baldoni. Actress Amber Heard on Monday became the latest celebrity to speak out on behalf of the "Gossip Girl" alum over what she says was a coordinated social media effort to tarnish her name. Over the weekend, Lively filed a complaint claiming that Baldoni and a lead producer had behaved unacceptably during the filming of box office hit "It Ends With Us." The allegations included that Baldoni -- who also directed the film -- had spoken inappropriately about his sex life, and had sought to alter the film to include sex scenes that were not in the script and had not been agreed to. They also detailed how lead producer Jamey Heath had watched Lively while she was topless, despite having been asked to turn away. But the complaint goes into great detail -- including with texts and emails -- on a PR campaign to wreck her reputation and to divert attention from any public comments she might make about the men's alleged misbehavior. This was "a carefully crafted, coordinated, and resourced retaliatory scheme to silence her, and others from speaking out about the hostile environment that Mr Baldoni and Mr Heath created," the complaint says. It includes allegations that the two men hired a crisis PR team that amplified or planted negative stories about Lively on social media platforms. "You know we can bury anyone," Melissa Nathan, a member of the team, is alleged to have said, according to messages contained in the complaint. Heard's ex-husband Johnny Depp hired the same PR team during the high-profile defamation trial between the couple in 2022, in which a jury unanimously found that Heard defamed Depp over allegations he abused her. More from this section "Social media is the absolute personification of the classic saying 'A lie travels halfway around the world before truth can get its boots on,'" Heard said in a statement carried by NBC News. "I saw this firsthand and up close. It's as horrifying as it is destructive." Heard's support came on the heels of a joint statement by America Ferrera, Amber Tamblyn and Alexis Bledel, who starred with Lively in "The Sisterhood of the Traveling Pants." "As Blake's friends and sisters for over 20 years, we stand with her in solidarity as she fights back against the reported campaign waged to destroy her reputation," they wrote on Instagram. "Throughout the filming of 'It Ends with Us', we saw her summon the courage to ask for a safe workplace for herself and colleagues on set, and we are appalled to read the evidence of a premeditated and vindictive effort that ensued to discredit her voice." A lawyer for Wayfarer, the studio behind the film, said in a statement released to the New York Times that neither the studio, its executives, nor its PR team did anything to retaliate against Lively. "These claims are completely false, outrageous and intentionally salacious with an intent to publicly hurt and rehash a narrative in the media," lawyer Bryan Freedman wrote. The complaint was lodged with the California Civil Rights Department, and is a precursor to a lawsuit. Major Hollywood talent agency WME -- which represents Lively -- has reportedly dropped Baldoni as a client. hg/ahaforward is one of the most accomplished young basketball stars in the country: she's a former champion (2021, with ), a (2020), and 3x3 World Cup MVP (2023). Even though her rookie season in the was cut short due to a serious injury (a torn ACL after an awkard fall), the future looks very promising for the native. Off the court she's been on a roll: she became first sponsored female basketball player in August 2023. She's also an ambassador for the popular jewelry brand was the cover for the July edition of and she's part of the roster for the anticipated , which includes powerhouse names such as Jordan among many others. Brink looks stunning in a behind-the-scenes video of SI recently posted a behind-the-scenes video of the We can see the basketball player chilling on the beach while she's wearing a stunning white swimsuit. "This 2025 Swimsuit roster is looking so good." posted the magazine on Instagram, describing the player as "one of the most captivating athletes of her generation." "Known for her undeniable skill and towering presence on the court, the 22-year-old brings her fierce energy to her SI Swimsuit debut. From her impressive college career at Stanford to her rookie year in the WNBA with the Los Angeles Sparks, Brink is not only dominating the court but also redefining the intersection of fashion and sports with her sleek, standout pre-game tunnel looks". added SI. Looking ahead, Brink is focused on her recovery and hopes to return stronger for the season. Although her injury was a setback, her resilience and determination continue to shine through as she prepares for the long rehabilitation process. Fans are eager to see what the big Brink will bring when she's back on the court, especially after such a promising start to her career. The bad news for her and the Sparks is that they once again have the No. 2 pick in the 2025 draft, making it nearly impossible for them to secure the services of , as they did last year when Clark went to the Fever with the first pick.
Irish premier praises Dublin woman who won civil case against Conor McGregorSOCIAL MEDIA How do you remove children from the harms of social media? Politically the answer appears simple in Australia, but practically the solution could be far more difficult. The Australian government's plan to ban children from social media platforms including X, TikTok, Facebook and Instagram until their 16th birthdays is politically popular. The leaders of all eight Australian states and mainland territories unanimously backed the plan, though Tasmania, the smallest state, would have preferred the threshold were set at 14. But vocal experts in the fields of technology and child welfare responded with alarm. More than 140 of them signed an open letter to Prime Minister Anthony Albanese condemning the 16-year age limit as "too blunt an instrument to address risks effectively." The Australian Parliament has now passed the ban, and the platforms have one year to work out how to implement it. Concerned teen Leo Puglisi, a 17-year-old Melbourne student who founded the online streaming service 6 News Australia at the age of 11, laments that lawmakers imposing the ban lack the youth's perspective on social media. "With respect to the government and prime minister, they didn't grow up in the social media age, they're not growing up in the social media age, and what a lot of people are failing to understand here is that, like it or not, social media is a part of people's daily lives," Puglisi said. "It's part of their communities, it's part of work, it's part of entertainment, it's where they watch content — young people aren't listening to the radio or reading newspapers or watching free-to-air TV — and so it can't be ignored. The reality is this ban, if implemented, is just kicking the can down the road for when a young person goes on social media," he added. Puglisi is applauded for his work online. He was a finalist in his home state Victoria's nomination for the Young Australian of the Year award, which will be announced in January. His nomination bid credits his platform with "fostering a new generation of informed, critical thinkers." Grieving mom-turnedactivist One of the proposal's supporters, cyber safety campaigner Sonya Ryan, knows how dangerous social media can be for children. Her 15-year-old daughter Carly was murdered in 2007 in South Australia state by a 50-year-old pedophile who pretended to be a teenager online. In a grim milestone of the digital age, Carly was the first person in Australia to be killed by an online predator. "Kids are being exposed to harmful pornography, they're being fed misinformation, there are body image issues, there's sextortion, online predators, bullying. There are so many different harms for them to try and manage and kids just don't have the skills or the life experience to be able to manage those well," Ryan said. "The result of that is we're losing our kids," she said. "Not only what happened to Carly, predatory behavior, but also we're seeing an alarming rise in suicide of young people." Ryan is part of a group advising the government on a national strategy to prevent and respond to child sexual abuse in Australia. She wholeheartedly supports Australia setting the social media age limit at 16. "We're not going to get this perfect," she said. "We have to make sure that there are mechanisms in place to deal with what we already have, which is an anxious generation and an addicted generation of children to social media." Skeptical internet expert Tama Leaver, professor of internet studies at Curtin University, fears the government will make the platforms hold the users' identification data instead. The government already said the onus will be on the platforms, rather than on children or their parents, to ensure everyone meets the age limit. "The worst possible outcome seems to be the one that the government may be inadvertently pushing towards, which would be that the social media platforms themselves would end up being the identity arbiter," Leaver said. "They would be the holder of identity documents which would be absolutely terrible because they have a fairly poor track record so far of holding on to personal data well," he added. The platforms will have a year once the legislation becomes law to work out how the ban can be implemented. Ryan, who divides her time between Adelaide in South Australia and Fort Worth, Texas, said privacy concerns should not stand in the way of removing children from social media. "What is the cost if we don't? If we don't put the safety of our children ahead of profit and privacy?" she asked. Be the first to know Get local news delivered to your inbox!
WASHINGTON ― A top adviser to Donald Trump said Friday the president-elect told him Michigan's Mike Rogers won't be the next director of the FBI, after Rogers had been lobbying for the post in recent days. "Just spoke to President Trump regarding Mike Rogers going to the FBI," Trump aide Dan Scavino Jr. posted on X Friday morning. "It’s not happening — In his own words, 'I have never even given it a thought.' Not happening." Scavino, a senior adviser to Trump's presidential campaign, is expected to return to the White House next year as an assistant to the president and deputy chief of staff. Rogers, a former FBI agent and seven-term congressman from White Lake Township, earlier this month narrowly lost a U.S. Senate race to Democratic U.S. Rep. Elissa Slotkin of Holly by about 20,200 votes or less than half a percentage point. Rogers had endorsed Trump, praised his policy agenda and campaigned with him for the last six months across Michigan. Rogers reportedly had made a trip to Mar-A-Lago last week to meet with Trump's transition team, which did not immediately respond Friday to a request for comment. "President-elect Trump is once again assembling a fantastic administration to help the American people and Make America Great Again," Rogers spokesman Chris Gustafson said Friday after Scavino's post. "We will not be commenting on the President-elect’s decisions at this time.” Trump ally Kash Patel, who worked in the former president's Justice Department and as chief of staff at the Pentagon during his first term, has also been under consideration for the FBI chief job, according to published reports. Patel had endorsed Rogers' bid for Senate in April, calling him "a veteran who will hold the FBI and DOJ accountable and stand up to the growing threat of Communist China." Rogers went on Fox News early Friday morning and discussed why he'd be good for the FBI job, while declining to discuss the Trump transition team's deliberations. "The Bureau has lost confidence of the American people. This is a tragedy," Rogers said. "It should not be engaged in politics, and the culture of the FBI on the seventh floor needs to be changed, and it has to have a kind of a reckoning." ------- ©2024 www.detroitnews.com . Visit at detroitnews.com . Distributed by Tribune Content Agency, LLC.
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Advisors Asset Management Inc. lowered its stake in shares of Horace Mann Educators Co. ( NYSE:HMN – Free Report ) by 61.6% in the third quarter, Holdings Channel reports. The institutional investor owned 3,817 shares of the insurance provider’s stock after selling 6,124 shares during the period. Advisors Asset Management Inc.’s holdings in Horace Mann Educators were worth $133,000 as of its most recent filing with the SEC. Other hedge funds have also made changes to their positions in the company. Quarry LP increased its stake in Horace Mann Educators by 1,798.0% during the second quarter. Quarry LP now owns 949 shares of the insurance provider’s stock valued at $31,000 after acquiring an additional 899 shares during the period. GAMMA Investing LLC increased its position in shares of Horace Mann Educators by 142.1% during the third quarter. GAMMA Investing LLC now owns 920 shares of the insurance provider’s stock valued at $32,000 after purchasing an additional 540 shares during the period. Summit Securities Group LLC bought a new stake in shares of Horace Mann Educators during the second quarter valued at approximately $35,000. KBC Group NV raised its stake in shares of Horace Mann Educators by 60.2% in the third quarter. KBC Group NV now owns 1,671 shares of the insurance provider’s stock valued at $58,000 after purchasing an additional 628 shares in the last quarter. Finally, nVerses Capital LLC acquired a new stake in Horace Mann Educators during the second quarter worth $59,000. Institutional investors own 99.28% of the company’s stock. Analysts Set New Price Targets A number of equities analysts have recently issued reports on HMN shares. Raymond James began coverage on shares of Horace Mann Educators in a research note on Tuesday, August 6th. They issued a “strong-buy” rating and a $42.00 price objective for the company. Keefe, Bruyette & Woods lowered shares of Horace Mann Educators from an “outperform” rating to a “market perform” rating and increased their price target for the stock from $39.00 to $44.00 in a research report on Tuesday, November 12th. Finally, Piper Sandler increased their price target on Horace Mann Educators from $36.00 to $42.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Four equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Horace Mann Educators presently has an average rating of “Hold” and a consensus target price of $42.67. Insider Transactions at Horace Mann Educators In related news, Director Beverley J. Mcclure sold 5,634 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $42.08, for a total transaction of $237,078.72. Following the sale, the director now owns 19,057 shares in the company, valued at approximately $801,918.56. This represents a 22.82 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . Also, CEO Marita Zuraitis sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $37.24, for a total value of $148,960.00. Following the completion of the transaction, the chief executive officer now owns 292,336 shares of the company’s stock, valued at approximately $10,886,592.64. This represents a 1.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 51,751 shares of company stock worth $1,946,895 in the last three months. Insiders own 3.80% of the company’s stock. Horace Mann Educators Price Performance Shares of HMN stock opened at $41.89 on Friday. The firm’s 50 day moving average price is $37.91 and its two-hundred day moving average price is $35.31. The stock has a market cap of $1.71 billion, a PE ratio of 16.69 and a beta of 0.27. Horace Mann Educators Co. has a 52-week low of $31.81 and a 52-week high of $43.26. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.09 and a current ratio of 0.09. Horace Mann Educators ( NYSE:HMN – Get Free Report ) last posted its earnings results on Monday, November 4th. The insurance provider reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.04. Horace Mann Educators had a return on equity of 8.14% and a net margin of 6.55%. The firm had revenue of $412.10 million during the quarter, compared to analysts’ expectations of $293.87 million. During the same period in the previous year, the firm earned $0.44 earnings per share. The company’s revenue was up 8.8% on a year-over-year basis. As a group, analysts forecast that Horace Mann Educators Co. will post 2.61 EPS for the current year. Horace Mann Educators Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $1.36 annualized dividend and a yield of 3.25%. Horace Mann Educators’s dividend payout ratio (DPR) is presently 54.18%. Horace Mann Educators Profile ( Free Report ) Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. The company operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. Its Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; and provides auto coverages including liability and collision, and property coverage for homeowners and renters. Featured Stories Want to see what other hedge funds are holding HMN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Horace Mann Educators Co. ( NYSE:HMN – Free Report ). Receive News & Ratings for Horace Mann Educators Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horace Mann Educators and related companies with MarketBeat.com's FREE daily email newsletter .
The Northern Lights were visible much farther south than usual this year, and pictures of the colorful hues filled social media. Now, imagine an aurora hundreds of times brighter – except no one would be able to snap a photo of it, as the onslaught of particles rushing in from the sun would instantly turn smartphones into bricks. Such extreme solar storms are rare – only six are known to have left their traces on Earth in the past 14,500 years, and none have been witnessed since the height of the Assyrian Empire nearly 2,700 years ago. A research team led by Irina Panyushkina of the University of Arizona Laboratory for Tree-Ring Research and Timothy Jull at U of A Department of Geosciences has now pinpointed the last time there was a burst of cosmic radiation so powerful that if it happened today, it would wreak havoc on power grids, satellites and communication networks around the globe. The team published its findings in the journal Communications Earth & Environment. Analyzing tree-rings for carbon-14, a naturally occurring radioactive variant of carbon, the team discovered a spike dating to the year 664 B.C., pinpointing the only extreme solar storm event whose timing had long eluded researchers. Panyushkina, lead study author and a research associate professor of dendrochronology at the Laboratory for Tree-Ring Research. said determining the precise timing of a massive solar eruption event provides important data for scientists who study and develop models of the sun’s activity over time. Carbon-14 continually forms in the atmosphere as a result of cosmic radiation, Panyushkina said. Eventually, carbon-14 reacts with oxygen to form carbon dioxide. “After a few months, carbon-14 will have traveled from the stratosphere to the lower atmosphere, where it is taken up by trees and becomes part of the wood as they grow,” Panyushkina said. It wasn’t until 2012 that extreme solar storms, known as Miyake events, were known to exist. That year, Fusa Miyake, a Japanese physicist and collaborator of Panyushkina’s team, published a paper reporting the storms’ telltale signature: spikes in radioactive carbon isotopes in the growth rings of trees. Miyake events happen when the sun’s electromagnetic field weakens, allowing plasma from the sun’s surface to escape into space. With the increased solar activity, protons bombard Earth’s atmosphere and trigger chemical reactions leading to a spike in radioactive isotopes. “Thanks to radiocarbon in tree-rings, we now know that six Miyake events happened over the last 14,500 years,” Panyushkina said. “If they happened today, they would have cataclysmic effects on communication technology.” Panyushkina and her team used surgical knives to dissect individual tree rings from ancient wood samples, including samples from dead trees buried in riverbanks and timbers excavated during archeological digs. The researchers then burned the cellulose – the main component of wood – to determine the radiocarbon content. To pinpoint whether solar storms caused the radiocarbon spikes, the researchers compared the tree-ring data to spikes other researchers found in a different isotope, beryllium-10, locked in ice cores taken from glaciers and ice sheets. Much like carbon-14, beryllium-10 forms in the atmosphere due to an onslaught of particles from the sun. Rain and snow capture the isotope and lock it into ice sheets similar to how trees absorb carbon-14. “If ice cores from both the North Pole and South Pole show a spike in the isotope beryllium-10 for a particular year corresponding to increased radiocarbon in tree-rings, we know there was a solar storm,” Panyushkina said. Although tree-rings can act like ‘archivists’ recording Miyake events, researchers so far have not been able to find evidence of a pattern in the events, Panyushkina said. “Tree-rings give us an idea of the magnitude of these massive storms, but we can’t detect any type of pattern, so it is unlikely we’ll ever be able to predict when such an event is going to happen,” she said. “Still, we believe our paper will transform how we search and understand the carbon-14 spike signal of extreme solar proton events in tree rings.” “The energy from this type of event not only changes the atmosphere’s radiocarbon content but also the atmosphere’s chemistry,” she added. “We are trying to figure out how those short-lived and powerful events affect the Earth system as a whole.” Astrobiology, Space Weather,
( MENAFN - PR Newswire) HONG KONG, Dec. 13, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that CNOOC energy Holdings U.S.A. Inc., a US-based subsidiary of its wholly owned subsidiary CNOOC International Ltd., has entered into the Stock Purchase Agreement (the "SPA") with a subsidiary of INEOS Energy for the sale of CNOOC Holdings U.S.A. Inc. The SPA involves the Company's upstream oil and gas business located in the U.S. Gulf of Mexico, mainly consisting of non-operating interests in oil and gas projects including the Appomattox and Stampede fields. Mr. Liu Yongjie, Chairman of CNOOC International Ltd., said, "The transaction follows general business principles and aims to further optimize the Company's global asset portfolio. It will close upon obtaining regulatory approvals and satisfaction with the terms of the SPA. During this period, the Company will work closely with INEOS Energy to ensure a smooth and orderly transition." - End - Notes to Editors: More information about the Company is available at . *** *** *** *** This press release includes forward looking information, including statements regarding the likely future developments in the business of the Company and its subsidiaries, such as expected future events, business prospects or financial results. The words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company as of this date in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate under the circumstances. However, whether actual results and developments will meet the current expectations and predictions of the Company is uncertain. Actual results, performance and financial condition may differ materially from the Company's expectations, including but not limited to those associated with macro-political and economic factors, fluctuations in crude oil and natural gas prices, the highly competitive nature of the oil and natural gas industry, climate change and environmental policies, the Company's price forecast, mergers, acquisitions and divestments activities, HSSE and insurance policies and changes in anti-corruption, anti-fraud, anti-money laundering and corporate governance laws and regulations. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations. *** *** *** *** For further enquiries, please contact: Ms. Cui Liu Media & Public Relations CNOOC Limited Tel: +86-10-8452-6641 Fax: +86-10-8452-1441 E-mail: [email protected] Mr. Bunny Lee Porda Havas International Finance Communications Group Tel: +852 3150 6707 Fax: +852 3150 6728 E-mail: [email protected] SOURCE CNOOC Limited MENAFN13122024003732001241ID1108992006 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.CHAPEL HILL, N.C. (AP) — Reniya Kelly had 18 points and six assists, Maria Gakdeng added 16 points and nine rebounds, and No. 16 North Carolina beat 14th-ranked Kentucky 72-53 on Thursday night in the SEC/ACC Challenge. North Carolina opened the game on a 14-4 run, capped by Alyssa Ustby’s fifth 3-pointer of the season. The Tar Heels led 36-25 at halftime after holding the Wildcats to 36% shooting. North Carolina only made one field goal in the opening five minutes of the third quarter as Kentucky got as close as seven points. But The Tar Heels made five field goals in the final five minutes to take a 50-39 lead into the fourth. Kentucky’s opening four baskets of the fourth were from 3-point range to get within 60-51 with 5:52 left on Dazia Lawrence’s basket off a nice assist from Georgia Amoore on an inbounds play. North Carlina sealed it by scoring the next six points — all from the free-throw line. Ustby scored 13 points with eight rebounds for North Carolina (8-1). The Tar Heels outscored Kentucky 42-10 in the paint. Lawrence scored 17 points and Amelia Hassett had 13 points and 13 rebounds for Kentucky (7-1). Amoore added 10 points and eight assists and Clara Strack, averaging a team-high 18.3 points per game, was held to four points on 2-of-10 shooting. North Carolina stays at home to play Coppin State on Sunday. Kentucky returns home to face Queens University on Monday. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP women’s college basketball: https://apnews.com/hub/ap-top-25-womens-college-basketball-poll and https://apnews.com/hub/womens-college-basketball
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