( MENAFN - media OutReach Newswire) HO CHI MINH, VIETNAM - Media OutReach Newswire - 18 December 2024 - LiveIn, Southeast Asia's leading long-stay provider dedicated to converting surplus properties into modern homes for young people, has formed a strategic alliance with JinJoo Home, Vietnam's pioneer in co-living for young professionals. Together, they aim to unify and strengthen Vietnam's co-living market by offering solutions for local operators that blend international standards and local relevance. Keek Wen Khai, CEO & Co-founder of LiveIn (left), and Jason Wong, CEO & Founder of JinJoo Home (right), at the alliance signing ceremony. Vietnam's urbanization rate is expected to surpass 50% by 2025, and with over 50% of the population being millennials and Gen Z, the demand for co-living spaces in major cities like Ho Chi Minh City is set to rise. However, the market remains fragmented, and local operators face challenges, such as high vacancies, maintenance costs, and inconsistent service. Keek Wen Khai, CEO & Co-founder of LiveIn, said: "Vietnam's long-stay market remains highly fragmented, but we see great potential in driving sustainable growth through collaboration. By forming a strategic alliance with JinJoo Home, we aim to bring operators together, address their challenges, and elevate standards to deliver a better living experience for the next generation." Jason Wong, CEO & Founder of JinJoo Home, said: "We're excited to join forces with LiveIn, a leading player in Southeast Asia. Our shared passion for improving young people's living experience makes this alliance a natural fit. Together, we can combine our strengths and create a more dynamic and high-quality co-living market in Vietnam." The strategic alliance comes at a time when Vietnam's residential real estate market is projected to reach USD 45.62 billion by 2029, with co-living playing a pivotal role. As many fragmented operators struggle to scale due to limited resources, LiveIn and JinJoo Home are focused on helping them seize this growth opportunity by combining LiveIn's international standards with JinJoo Home's extensive local expertise. LiveIn continually refines its product standards to address changing consumer preferences and ensure compliance with local regulatory requirements. With 10,500 rooms across 200 buildings in 4 Southeast Asian countries, LiveIn brings its proven regional expertise in technology, operational management, and demand generation. Meanwhile, JinJoo Home's deep local knowledge and strong presence in Ho Chi Minh City will help consolidate and support operators in adopting these best practices, tailored to meet the unique needs of the Vietnamese market. The strategic alliance with JinJoo Home builds on LiveIn's earlier strategic alliance with Hive, a regional leader in co-living renovations, to establish the LiveIn Global Renovation Division. Through this new division, LiveIn delivers thoughtfully designed homes that inspire growth and new experiences across all the markets it serves, including Malaysia, Thailand, Vietnam, and Indonesia. Both synergies further cement LiveIn's position as a leading flexible housing provider in Southeast Asia. MENAFN17122024003551001712ID1109005181 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.Players Era Festival organizers betting big NIL is future of college tourneys
NEW YORK (AP) — Thousands of Microsoft 365 customers worldwide reported having issues with services like Outlook and Teams on Monday. In social media posts and comments on platforms like outage tracker Downdetector, some impacted said that they were having trouble seeing their emails, loading calendars or opening other Microsoft 365 applications such as Powerpoint. Related Articles Microsoft acknowledged “an issue impacting users attempting to access Exchange Online or functionality within Microsoft Teams calendar” earlier in the day. In updates posted on X, the social media platform formerly known as Twitter, the company’s status page said it identified a “recent change” that it believed to be behind the problem — and was working to revert it. Microsoft shared that it was deploying a fix — which, as of shortly before noon E.T., it said had reached about 98% of “affected environments.” Still, the company’s status page later added , targeted restarts were “progressing slower than anticipated for the majority of affected users.” As of midday Monday, Downdetector showed thousands of outage reports from users of Microsoft 365 , particularly Outlook .
Idaho US senator says ‘jury’s still out’ on how to handle women serving in military combatGrowing up, Pete Bissonette always wanted to live in a bus or a cave. The latter dream came true, at least in a sense. Bissonette has one of the about 650 homes Mankato, Minnesota-based Earth Sheltered Technology has built since it began in 1981. The company, which has houses in the Twin Cities and Wisconsin as well as in California and Alaska, specializes in partly underground structures, basically man-made caves. Underground homes, also known as earth-sheltered homes, have been around for nearly as long as humans have, though the modern incarnation seemed to gain traction in the 1970s after the 1973 oil embargo and ensuing energy crisis, according to an article in magazine Mother Earth News. At the time, people were looking to reduce energy usage, especially when it came to heating and cooling their homes. Underground homes have other benefits, too, including durability — particularly in the face of natural disasters like tornadoes — and low-maintenance needs (no need to paint when dirt and grass cover the whole house). Perhaps that’s why Earth Sheltered Technology has produced the bulk of its homes, about 450, in the past 17 years, said owner Jeff Hickok. Besides achieving his childhood dream, Bissonette’s other inspiration for building his underground home was the book “Earth Sheltered Housing Design,” published in the late 1970s by the University of Minnesota’s Underground Space Center. John Carmody, one of the leaders of the underground-home movement at the time as a systems designer and environmentalist, oversaw the center and the book, which sold 250,000 copies, according the to university’s website. “I loved every bit of building it,” Bissonette said of his house. “I’m glad I made the decision to build it. I have no intention of ever selling it and made it wheelchair accessible so I can get around in case I need one.” Bissonette said he has long worried about tornadoes. An underground home, he thought, would protect against that. Underground homes are known for their durability, Hickok said. He said at least two tornadoes have gone over his Mankato underground home. It’s a reason his company has been building so many underground houses in Oklahoma and Texas. Texas averages about 140 tornadoes each year, the most of any state, while Oklahoma ranks in the top five, per CNN. Other clients have reported the structures being able to withstand earthquakes, Hickok said. The U.S. Department of Energy’s website said earth-sheltered homes can cost less to insure, as they naturally can withstand high winds, hailstorms, tornadoes and hurricanes. The Australian Broadcasting Co. even published a story last year about such homes gaining popularity because of their ability to withstand high temperatures and bush fires. “The earth is a very good protector for tornadoes,” Hickok said. “A tornado can’t damage a home unless it can completely surround it, and with most underground homes, they only have south-facing windows.” In addition to saving money on a homeowner’s insurance policy, an underground home could also save on claims. Hail, for example, does minimal damage to the roof, with only some of the piping up top suffering damage. Earth Sheltered Technology was a retirement job for Jeff Hickok’s father, Jerry Hickok. Jeff Hickok said his dad had a fascination with living in a cellar as a child and created the company after finishing at his corporate job. As a kid, Hickok dreaded going to home shows with his father and didn’t pursue the business until later in his life, taking it on around 2007. “I didn’t realize how forward-thinking dad really was with energy-saving and safety of these things,” he said. “I’m so proud to be running the company that my father pioneered.” Another big selling point: An underground home uses about 80% less energy than a traditional home of its size. That’s because the ground insulates it to keep it at a stable 50- to 60-degree internal temperature. South-facing windows warm it during the day, Hickok said. Dick and Jeanne Newport of Berlin, Wisconsin, remember the ’70s energy crisis and how people wanted to be energy independent. They visited a friend’s underground home back then and left inspired to have their own one day, which eventually happened in 2016. About 980,000 pounds of solid concrete surrounds their two-bedroom, two-bathroom underground home, and most winters, only a single wood-burning stove heats the 2,000-square-foot property, Dick Newport said. On the roof, the two have planted native grasses. “People thought our house was a septic mound because they didn’t know what it was,” Jeanne Newport said. “Until you get to the front, you can’t tell it’s a house. There’s tall prairie grass all around it, and it’s really hard to see the whole rounded shape.” They estimate they pay about $115 in utilities for their highest-usage month. The average Minnesotan pays more than $151 a month for electric and gas utilities, according to Kris Lindahl Real Estate. The Newports estimated it cost about $350,000 to build their house including all the interior design, electrical and plumbing. When adjusting for inflation, that comes out to $465,799 in 2024. Earth Sheltered Technology builds several concrete dome structures with steel beams as support, insulating and waterproofing them for the price of about $150 per square foot, according to Hickok. But the rest is up to the homeowners to DIY or hire contractors. Having to do extra work didn’t bug the Newports, and the lower energy bills every month make up for the cost of building the home. “There’s not a lot of maintenance because most of the house is covered in dirt, and it’s quiet if the windows are closed,” Dick Newport said. “We have peace of mind living here.” This past summer, a “hobbit house” in Pine Lake Township, Minnesota, listed for about $180,000, drawing attention for its unique underground design. Being different is yet another perk of having an earth-sheltered home for Bissonette, who is working on an art piece made of 5,000 empty wine bottles. Outside of his two-bedroom, two-bathroom, 4,000-square-foot home, there’s a large labyrinth in his yard filled with statues from Bali, including one that can identify evil, Bissonette said. There are also tall native grasses growing on the roof among a smattering of solar tubes and ventilation pipes. His home blends into the surrounding vegetation and looks like several hills with trees and shrubs growing on them. It’s not until visitors turn a corner that they’re able to see two garage doors poking out, alongside a front door, wide driveway and windows. When he built his house in 2001, many of his neighbors thought it looked like a military base because of how hidden it was from the main road. But the rooftop patio makes it perfect for hosting, Bissonette said of the views of rolling farmland and acres of wildlife. Bissonette taught himself and installed much of the electrical work, also repurposing salvaged wood for the interior walls, making it uniquely his own. “What surprises people the most is how light it is in the house,” he said. “They expect it to be dark because it is underground, but the curved interior surface of the domes reflect light throughout the space, bouncing it across the inner surfaces, making it bright and light-filled.” Get local news delivered to your inbox!
Airports and highways are expected to be jam-packed during Thanksgiving week, a holiday period likely to end with another record day for air travel in the United States. AAA predicts that nearly 80 million Americans will venture at least 50 miles from home between Tuesday and next Monday, most of them by car. However, travelers could be impacted by ongoing weather challenges and those flying to their destinations could be grounded by delays brought on by airline staffing shortages and an airport service workers strike . Here’s what we’re following today: Here’s the latest: “We cannot live on the wages that we are being paid,” ABM cabin cleaner Priscilla Hoyle said at a rally earlier Monday. “I can honestly say it’s hard every single day with my children, working a full-time job but having to look my kids in the eyes and sit there and say, ’I don’t know if we’re going to have a home today.’” Timothy Lowe II, a wheelchair attendant, said he has to figure out where to spend the night because he doesn’t make enough for a deposit on a home. “We just want to be able to have everything that’s a necessity paid for by the job that hired us to do a great job so they can make billions,” he said. ABM said it is “committed to addressing concerns swiftly” and that there are avenues for employees to communicate issues, including a national hotline and a “general open door policy for managers at our worksite.” Employees of ABM and Prospect Airport Services cast ballots Friday to authorize the work stoppage at Charlotte Douglas International Airport, a hub for American Airlines. They described living paycheck to paycheck while performing jobs that keep planes running on schedule. Most of them earn $12.50 to $19 an hour, union officials said. Rev. Glencie Rhedrick of Charlotte Clergy Coalition for Justice said those workers should make $22 to $25 an hour. The strike is expected to last 24 hours. Several hundred workers participated in the work stoppage. Forty-four fights have been canceled today and nearly 1,900 were delayed by midday on the East Coast, according to FlightAware . According to the organization’s cheekily named MiseryMap , San Francisco International Airport is having the most hiccups right now, with 53 delays and three cancellations between 11 a.m. and 3 p.m. EST. While that might sound like a lot of delays, they might not be so bad compared to last Friday when the airport suffered 671 delays and 69 cancellations. In an apparent effort to reduce the headaches caused by airport line cutting, American Airlines has rolled out boarding technology that alerts gate agents with an audible sound if a passenger tries to scan a ticket ahead of their assigned group. This new software won’t accept a boarding pass before the group it’s assigned to is called, so customers who get to the gate prematurely will be asked to go back and wait their turn. As of Wednesday, the airline announced, the technology is now being used in more than 100 U.S. airports that American flies out of. The official expansion arrives after successful tests in three of these locations — Albuquerque International Sunport, Ronald Reagan Washington National Airport and Tucson International Airport. ▶ Read more about American Airlines’ new boarding technology Travel can be stressful in the best of times. Now add in the high-level anxiety that seems to be baked into every holiday season and it’s clear travelers could use some help calming frazzled nerves. Here are a few ways to make your holiday journey a little less stressful: ▶ Read more tips about staying grounded during holiday travel Thanksgiving Day takes place late this year, with the fourth Thursday of November falling on Nov. 28. That shortens the traditional shopping season and changes the rhythm of holiday travel. With more time before the holiday , people tend to spread out their outbound travel over more days, but everyone returns at the same time, said Andrew Watterson, the chief operating officer of Southwest Airlines . “A late Thanksgiving leads to a big crush at the end,” Watterson said. “The Saturday, Sunday, Monday and Tuesday after Thanksgiving are usually very busy with Thanksgiving this late.” Airlines did a relatively good job of handling holiday crowds last year, when the weather was mild in most of the country. Fewer than 400 U.S. flights were canceled during Thanksgiving week in 2023 — about one out of every 450 flights. So far in 2024, airlines have canceled about 1.3% of all flights. Drivers should know that Tuesday and Wednesday afternoons will be the worst times to travel by car, but it should be smooth sailing on freeways come Thanksgiving Day, according to transportation analytics company INRIX. On the return home, the best travel times for motorists are before 1 p.m. on Sunday, and before 8 a.m. or after 7 p.m. on Monday, the company said. In metropolitan areas like Boston, Los Angeles, New York, Seattle and Washington, “traffic is expected to be more than double what it typically is on a normal day,” INRIX transportation analyst Bob Pishue said. Federal Aviation Administration Administrator Mike Whitaker said last week that he expects his agency to use special measures at some facilities to deal with an ongoing shortage of air traffic controllers. In the past, those facilities have included airports in New York City and Florida. “If we are short on staff, we will slow traffic as needed to keep the system safe,” Whitaker said. The FAA has long struggled with a shortage of controllers that airline officials expect will last for years, despite the agency’s lofty hiring goals. ▶ Read more about Thanksgiving travel across the U.S. Workers who clean airplanes, remove trash and help with wheelchairs at Charlotte’s airport, one of the nation’s busiest, went on strike Monday to demand higher wages. The Service Employees International Union announced the strike in a statement early Monday, saying the workers would demand “an end to poverty wages and respect on the job during the holiday travel season.” The strike was expected to last 24 hours, said union spokesperson Sean Keady. Employees of ABM and Prospect Airport Services cast ballots Friday to authorize the work stoppage at Charlotte Douglas International Airport, a hub for American Airlines. The two companies contract with American, one of the world’s biggest carriers, to provide services such as cleaning airplane interiors, removing trash and escorting passengers in wheelchairs. ▶ Read more about the Charlotte airport workers’ strike Parts of the Midwest and East Coast can expect to see heavy rain into Thanksgiving, and there’s potential for snow in Northeastern states. A storm last week brought rain to New York and New Jersey, where wildfires have raged in recent weeks, and heavy snow to northeastern Pennsylvania. The precipitation was expected to help ease drought conditions after an exceptionally dry fall. Heavy snow fell in northeastern Pennsylvania, including the Pocono Mountains. Higher elevations reported up to 17 inches, with lesser accumulations in valley cities including Scranton and Wilkes-Barre. Around 35,000 customers in 10 counties were still without power, down from 80,000 a day ago. In the Catskills region of New York, nearly 10,000 people remained without power Sunday morning, two days after a storm dumped heavy snow on parts of the region. Precipitation in West Virginia helped put a dent in the state’s worst drought in at least two decades and boosted ski resorts as they prepare to open in the weeks ahead. ▶ Read more about Thanksgiving week weather forecasts Two people died in the Pacific Northwest after a rapidly intensifying “ bomb cyclone ” hit the West Coast last Tuesday, bringing fierce winds that toppled trees and power lines and damaged homes and cars. Hundreds of thousands lost electricity in Washington state before powerful gusts and record rains moved into Northern California. Forecasters said the risk of flooding and mudslides remained as the region will get more rain starting Sunday. But the latest storm won’t be as intense as last week’s atmospheric river , a long plume of moisture that forms over an ocean and flows over land. “However, there’s still threats, smaller threats, and not as significant in terms of magnitude, that are still going to exist across the West Coast for the next two or three days,” weather service forecaster Rich Otto said. As the rain moves east throughout the week, Otto said, there’s a potential for heavy snowfall at higher elevations of the Sierra Nevada, as well as portions of Utah and Colorado. California’s Mammoth Mountain, which received 2 feet of fresh snow in the recent storm, could get another 4 feet before the newest system clears out Wednesday, the resort said. Another round of wintry weather could complicate travel leading up to the Thanksgiving holiday, according to forecasts across the U.S., while California and Washington state continue to recover from storm damage and power outages. In California, where two people were found dead in floodwaters on Saturday, authorities braced for more rain while grappling with flooding and small landslides from a previous storm . Here’s a look at some of the regional forecasts: ▶ Read more about Thanksgiving week weather forecastsAllbirds is having a massive 30% off sitewide sale for Black Friday — here are the best dealsThe stock market’s back-to-back gain of more than 20% may be setting the stage for another rally in 2025In the fast-paced world of gaming, where technology evolves at lightning speed, ASX Vul is emerging as a groundbreaking force poised to redefine the future. Despite being under the radar, this visionary project integrates cutting-edge technology with the gaming ecosystem to enhance user experience and development processes significantly. ASX Vul is a platform designed to streamline the development of cross-platform games. By using advanced algorithms and an AI-powered framework, it allows developers to create games that seamlessly transition across various devices, be it PCs, consoles, or mobile. This convergence not only broadens the market reach for developers but also provides gamers with a consistent experience, irrespective of their chosen platform. One of the most innovative aspects of ASX Vul is its integration of blockchain technology. This enables a transparent and secure in-game economy, where players can own, trade, and sell virtual assets across games that support the ASX Vul ecosystem. This decentralization is set to empower players with true ownership, echoing a future where players are more than just consumers—they are stakeholders. Moreover, ASX Vul’s potential to offer scalable multiplayer solutions through cloud technologies addresses a vital need for modern games requiring vast data resources and real-time player interactions. With its promising blend of AI, blockchain, and cloud technology, ASX Vul stands at the forefront of the gaming revolution, ready to meet future demands and reshape how games are played and developed. Prepare for a new era of immersive and borderless gaming experiences. ASX Vul: The Future Pioneer in Cross-Platform Gaming and Player Empowerment In the ever-evolving landscape of gaming technology, ASX Vul emerges as a transformative platform set to redefine gaming’s future. Designed to streamline the creation of cross-platform games, ASX Vul blends advanced algorithms, AI, blockchain, and cloud technology to offer an unprecedented gaming experience. Features of ASX Vul 1. Cross-Platform Compatibility: ASX Vul excels in ensuring seamless gameplay across PCs, consoles, and mobile devices. This feature not only broadens market reach but also provides gamers with a consistent experience. 2. AI-Powered Framework: By utilizing AI technology, ASX Vul optimizes game development processes, allowing for efficient transitioning between different gaming platforms. This enables developers to maximize creativity without being bogged down by technical constraints. 3. Blockchain Integration: ASX Vul pioneers the use of blockchain to foster a transparent and secure in-game economy. Players can now own, trade, and sell virtual assets, granting them genuine ownership and involvement in the gaming ecosystem. 4. Scalable Multiplayer Solutions: Leveraging cloud technologies, ASX Vul addresses the growing demand for scalable multiplayer solutions. It caters to games with extensive data requirements and real-time interactions, ensuring smooth and immersive gameplay. Market Analysis and Trends With its innovative use of blockchain and cloud technology, ASX Vul is poised to capitalize on the growing trend of gaming as a decentralized and player-centric industry. The platform empowers players, transitioning them from passive consumers to active stakeholders in the gaming world. Predictions for ASX Vul The demand for cross-platform compatibility and secure in-game economies is expected to rise. ASX Vul’s unique offerings are likely to position it as a leader in bridging these market gaps, paving the way for broader adoption and innovation in the gaming industry. Security and Sustainability Aspects ASX Vul prioritizes security by using blockchain, enhancing the protection of virtual assets and online transactions. Its approach to gaming sustainability includes efficient use of cloud resources, potentially reducing the carbon footprint associated with extensive data processing. For more insights into innovative gaming technologies, visit the link name . As ASX Vul drives new trends in gaming, developers and players alike can look forward to a future where games are more immersive, interconnected, and equitable.
Banque Cantonale Vaudoise raised its holdings in VanEck Digital Transformation ETF ( NASDAQ:DAPP – Free Report ) by 13.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,777 shares of the company’s stock after acquiring an additional 1,409 shares during the quarter. Banque Cantonale Vaudoise owned about 0.11% of VanEck Digital Transformation ETF worth $138,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also modified their holdings of DAPP. Jane Street Group LLC lifted its stake in shares of VanEck Digital Transformation ETF by 179.4% in the first quarter. Jane Street Group LLC now owns 410,387 shares of the company’s stock worth $4,781,000 after buying an additional 263,487 shares during the last quarter. Western Wealth Management LLC lifted its stake in shares of VanEck Digital Transformation ETF by 17.0% in the second quarter. Western Wealth Management LLC now owns 24,566 shares of the company’s stock worth $295,000 after buying an additional 3,575 shares during the last quarter. TCP Asset Management LLC lifted its stake in shares of VanEck Digital Transformation ETF by 12.1% in the third quarter. TCP Asset Management LLC now owns 18,543 shares of the company’s stock worth $218,000 after buying an additional 2,000 shares during the last quarter. Finally, Gainplan LLC lifted its stake in shares of VanEck Digital Transformation ETF by 2.2% in the third quarter. Gainplan LLC now owns 86,811 shares of the company’s stock worth $1,041,000 after buying an additional 1,876 shares during the last quarter. VanEck Digital Transformation ETF Trading Up 5.8 % Shares of VanEck Digital Transformation ETF stock opened at $18.47 on Friday. The firm has a fifty day simple moving average of $13.49 and a 200-day simple moving average of $12.07. VanEck Digital Transformation ETF has a 1-year low of $6.17 and a 1-year high of $19.56. The stock has a market capitalization of $198.55 million, a price-to-earnings ratio of 2.89 and a beta of 2.90. About VanEck Digital Transformation ETF The VanEck Digital Transformation ETF (DAPP) is an exchange-traded fund that is based on the MVIS Global Digital Assets Equity index, a market-cap-weighted index of global innovative companies that are involved in the digitalization of the worlds economy through a diverse range of digital assets. DAPP was launched on Apr 12, 2021 and is managed by VanEck. See Also Receive News & Ratings for VanEck Digital Transformation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Digital Transformation ETF and related companies with MarketBeat.com's FREE daily email newsletter .Prospera Financial Services Inc raised its stake in Prudential Financial, Inc. ( NYSE:PRU – Free Report ) by 3.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 8,466 shares of the financial services provider’s stock after purchasing an additional 318 shares during the quarter. Prospera Financial Services Inc’s holdings in Prudential Financial were worth $1,026,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Legal & General Group Plc raised its position in Prudential Financial by 9.4% during the second quarter. Legal & General Group Plc now owns 3,542,400 shares of the financial services provider’s stock valued at $415,134,000 after purchasing an additional 305,143 shares in the last quarter. abrdn plc raised its holdings in shares of Prudential Financial by 4.0% during the 3rd quarter. abrdn plc now owns 1,309,155 shares of the financial services provider’s stock valued at $158,120,000 after buying an additional 50,026 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Prudential Financial by 4,130.8% in the third quarter. International Assets Investment Management LLC now owns 1,298,257 shares of the financial services provider’s stock worth $157,219,000 after buying an additional 1,267,571 shares in the last quarter. AustralianSuper Pty Ltd grew its position in Prudential Financial by 2.3% during the third quarter. AustralianSuper Pty Ltd now owns 1,265,996 shares of the financial services provider’s stock valued at $153,312,000 after acquiring an additional 28,459 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in shares of Prudential Financial by 0.3% in the 3rd quarter. Swiss National Bank now owns 1,065,600 shares of the financial services provider’s stock worth $129,044,000 after acquiring an additional 2,700 shares during the last quarter. Hedge funds and other institutional investors own 56.83% of the company’s stock. Prudential Financial Trading Up 1.3 % Shares of PRU opened at $127.92 on Friday. The firm’s 50-day moving average price is $123.30 and its 200-day moving average price is $119.70. The firm has a market capitalization of $45.54 billion, a price-to-earnings ratio of 11.37, a PEG ratio of 0.89 and a beta of 1.29. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.60. Prudential Financial, Inc. has a 1-year low of $94.92 and a 1-year high of $129.13. Prudential Financial Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, November 19th will be paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 4.07%. The ex-dividend date is Tuesday, November 19th. Prudential Financial’s payout ratio is currently 46.22%. Analyst Ratings Changes A number of equities analysts recently commented on the stock. Morgan Stanley decreased their target price on shares of Prudential Financial from $123.00 to $122.00 and set an “equal weight” rating on the stock in a research report on Monday, August 19th. Piper Sandler boosted their target price on Prudential Financial from $121.00 to $127.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Bank of America lifted their price target on Prudential Financial from $109.00 to $118.00 and gave the stock a “neutral” rating in a research note on Thursday, October 10th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $121.00 price objective on shares of Prudential Financial in a research note on Wednesday, August 21st. Finally, Evercore ISI raised shares of Prudential Financial from an “underperform” rating to an “inline” rating and lifted their target price for the stock from $117.00 to $140.00 in a research note on Thursday, November 14th. Eleven research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Prudential Financial currently has an average rating of “Hold” and a consensus price target of $125.69. View Our Latest Analysis on PRU Insider Buying and Selling In related news, EVP Caroline Feeney sold 1,110 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $119.97, for a total value of $133,166.70. Following the transaction, the executive vice president now directly owns 10,175 shares of the company’s stock, valued at approximately $1,220,694.75. This represents a 9.84 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink . Also, major shareholder Insurance Co Of Ame Prudential bought 261,059 shares of Prudential Financial stock in a transaction on Tuesday, October 8th. The stock was acquired at an average cost of $27.58 per share, with a total value of $7,200,007.22. Following the acquisition, the insider now owns 4,208,549 shares in the company, valued at approximately $116,071,781.42. This represents a 6.61 % increase in their position. The disclosure for this purchase can be found here . 0.31% of the stock is currently owned by insiders. About Prudential Financial ( Free Report ) Prudential Financial, Inc, together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through PGIM, Retirement Strategies, Group Insurance, Individual Life, and International Businesses segments. Read More Want to see what other hedge funds are holding PRU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Prudential Financial, Inc. ( NYSE:PRU – Free Report ). Receive News & Ratings for Prudential Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential Financial and related companies with MarketBeat.com's FREE daily email newsletter .OLEAN — ConnectLife will host several blood drives in Olean and Bradford, Pa., in December. Every donor who gives in the month of December will receive a free Buffalo Sabres ticket to select games. Donors can schedule at connectlifegiveblood.org or by calling 716-529-4270.Blood drives include:
Investors should put these 2 top ASX tech shares on the watchlist‘The smiling one’ Ruben Amorim says he can be ruthless when he needs to be
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