jili ph646 Brookfield Asset Management Ltd. BAM-T has pulled its €6.45-billion ($9.5-billion) offer to take Spanish drug maker Grifols SA private after failing to agree on the purchase price, walking away from the specialist pharmaceutical company that has expanded its business into Canada. The private equity arm of Brookfield teamed up with the founding family behind Grifols to table a non-binding joint proposal to the Grifols board earlier in November, after months of negotiations. The proposal and its tentative offer price was publicly disclosed on Nov. 19, but Grifols resisted the takeover, suggesting the offer significantly undervalued the company. The deadlock over the offer price came after months of talks and work to raise financing for a deal, and in spite of support from the Grifols family, who own nearly 30 per cent of the multinational pharmaceutical company’s shares. Grifols specializes in producing blood plasma-based products, which are part of life-saving medicines used to treat people with compromised immune systems from cancer treatment, autoimmune disorders or other reasons. Its push into Canada has included a controversial partnership with Canadian Blood Services to pay plasma donors, even though the national charity typically relies on voluntary donors. “After extensive due diligence,” and considering the company’s reaction to the potential offer, “this morning Brookfield informed the Grifols Transaction Committee that in the current circumstances it is not in a position to continue with a potential offer for Grifols,” Brookfield said in a regulatory statement on Wednesday. Spokespeople for Grifols did not immediately respond to a request for comment. But a Grifols family spokesperson confirmed Brookfield’s withdrawal to Reuters News, citing “a discrepancy over the price.” It is not clear if talks could be rekindled or if Brookfield could consider making a new bid. Grifols shares fell 9 per cent to €9.69 on a Spanish stock exchange on Wednesday. Bloomberg News first reported Brookfield’s decision to withdraw its proposal. Grifols became an attractive takeover target earlier this year after a short-seller, Gotham City Research, accused the company of overstating its earnings and understating its debt, contributing to a plunge in the company’s share price. The company denied wrongdoing but made changes to its governance, leadership and regulatory reporting. In spite of that pressure from investors, Grifols has a strong position in the health care market after years of rising demand from a number of countries for immunoglobin, which is used to treat sick patients. It is one of only three major global companies that specializes in plasma. The Spanish company has pushed into new countries including Canada and Egypt by striking public-private partnerships, a strategy that sets it apart from its main rivals, Australia’s CSL Ltd. and Japan’s Takeda Pharmaceutical Co. Ltd. Grifols’s status as an agent for Canadian Blood Services helped it sidestep a ban on paying for plasma in Ontario, but other provinces such as British Columbia have resisted allowing it to operate. With a report from Reuters News.Pressed: Why the cost of your coffee could be about to spikeThe 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Thursday, gaining 1,781.94 points, a positive change of 1.87 percent, closing all time high at 97,328.40 points as compared to 95,546.46 points on the last trading day. A total of 969,907,357 shares were traded during the day as compared to 1,138,411,946 shares the previous trading day, whereas the price of shares stood at Rs 35.167 billion against Rs. 37.481 billion on the last trading day. As many as 457 companies transacted their shares in the stock market, 249 of them recorded gains and 167 sustained losses, whereas the share price of 41 companies remained unchanged. The three top trading companies were WorldCall Limited with 95,563,962 shares at Rs 1.38 per share, Pace (Pak) Limited with 51,499,190 shares at Rs 5.81 per share and Kohinoor Spinning with 48,260,119 shares at Rs.8.40 per share. Pakistan Services Limited witnessed a maximum increase of Rs.80.17 per share price, closing at Rs 882.84, whereas the runner-up was Haleon Pakistan Limited with Rs 80.13 rise in its per share price to Rs 882.45. Rafhan Maize Products Company Limited witnessed a maximum decrease of Rs 137.27 per share closing at Rs Nestle Pakistan followed by Services Industries Limited with Rs 74.86 decline to close at Rs 6,616.31. Separately, Major stock markets diverged and the dollar was mixed Thursday as traders weighed escalating tensions in the Russia-Ukraine war. Bitcoin extended its surge, as the world’s biggest cryptocurrency struck a record high of over $98,000. Oil prices rallied “as geopolitical tensions outweighed concerns over rising US crude supplies”, noted Matt Britzman, senior equity analyst, Hargreaves Lansdown. “Geopolitical fears have also sent gold higher in recent sessions... as investors look for some safety as Russia-Ukraine tensions escalate,” he added. Kyiv accused Russia of launching an intercontinental ballistic missile attack at Ukraine for the first time on Thursday but without a nuclear warhead in a new escalation of the conflict. Awaiting Wall Street’s reopening, Asian and European stock markets travelled in different directions as blockbuster earnings late Wednesday from US chip titan Nvidia smashed forecasts but fell short of investor hopes. A driver of artificial-intelligence transitioning by companies, Nvidia’s market value has rocketed 200 percent over the last year to become the world’s-richest company. But its stock fell in after-hours trading. “The negative market reaction to Nvidia’s results suggests investors are now focusing on the minutiae rather than the big picture,” noted Dan Coatsworth, investment analyst at AJ Bell. “That’s a natural evolution as the more people zoom in on a company, the more they learn about it, and the more granular detail they want.” Elsewhere on the corporate front, shares in Indian conglomerate Adani Group tanked after US prosecutors charged its industrialist owner Gautam Adani with handing out more than $250 million in bribes for key contracts. Flagship operation Adani Enterprises dived almost 20 percent, while several of its subsidiaries — from coal to media businesses — lost between 10 and 20 percent. On the upside, bitcoin closed in on $100,000 having soared since Donald Trump was elected US president in early November. “The bitcoin boom shows no signs of slowing, with the crypto king... edging closer to the coveted six-figure milestone,” added analyst Britzman. Trump’s “return to the White House is fuelling hopes of a more crypto-friendly federal stance”, he said.

seekingalpha.com/symbol/SNOW/balance-sheet timandtim/DigitalVision via Getty Images Snowflake Inc. ( NYSE: SNOW ) reported a mixed Q3 ’25 earnings result on November 20, 2024 , as sales growth moderated to 28% with the adjusted operating margin declining to 6.25%, down from 9.80% in Q3 ’24. Despite the Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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While on the campaign trail in 2015, former President Donald Trump promised to forgo his entire presidential salary if elected. “As far as the salary is concerned, I won’t take even $1. I’m totally giving up my salary if I become president,” Trump, who will serve again as president beginning in January 2025, said in a September 2015 video posted on X , formerly Twitter. The president is required by federal law to receive a $400,000 annual salary . When Trump took office his then-press secretary Sean Spicer said Trump planned to donate that money , according to multiple media reports. After Trump’s reelection in November 2024, multiple VERIFY readers asked us if the former president fulfilled his promise to donate his salary. Here’s what we found. THE QUESTION Did Donald Trump donate any of his salary during his first term as president? THE SOURCES THE ANSWER Yes, Donald Trump appears to have donated most of his presidential salary. WHAT WE FOUND During his first term, Donald Trump appears to have donated his presidential salary on a quarterly basis in 2017, 2018 and 2019, and at least a portion of it in 2020, according to spokespersons for the Trump administration, multiple federal agencies and various news reports. VERIFY was not able to independently confirm all of the salary donations from sources outside of the Trump administration. We found independent proof of the donations or photos of checks in some cases, while other salary donations were only confirmed by Trump’s former press secretaries or administration leaders at the time. Here’s what we can VERIFY about Trump’s presidential salary donations. 2017 In 2017, Trump gave $78,000 to the National Park Service (NPS) and $100,000 to the Department of Education. The Trump administration said he also donated his quarterly salary to the Departments of Health and Human Services (HHS) and Transportation (DOT) that same year. The president’s quarter salary would be $100,000, though administration officials did not specify an exact amount in these cases. Former Secretary of the Interior Ryan Zinke’s office confirmed Trump’s salary donation of $78,333 to the NPS in a press release on April 3, 2017 . That donation went toward two restoration projects at the Antietam National Battlefield in Maryland, the National Park Service (NPS) said in July 2017 . A spokesperson for the Department of Education also confirmed to VERIFY via email on Dec. 2, 2024, that Trump donated $100,000 to the agency in July 2017. The White House said at the time that the funds would be “used to host a Science, Technology, Engineering, and Math (STEM)-focused camp for students.” Trump’s quarterly salary donations to HHS and DOT in 2017 were announced during White House press briefings with former press secretary Sarah Sanders and agency officials. The salary donation to HHS would be put toward the “planning and design of a large-scale public awareness campaign about the dangers of opioid addiction,” Acting HHS Secretary Eric Hargan said during a briefing on Nov. 30, 2017 . Trump’s salary donation to the DOT was earmarked for the department’s INFRA grant programs, former Transportation Secretary Elaine Chao said during a briefing on Feb. 13, 2018 . INFRA grants fund projects that are aimed at improving the “safety, efficiency and reliability” of various transportation systems at the national and regional level, the DOT says . VERIFY reached out to HHS for further confirmation of Trump’s salary donations, but did not receive a response by the time of publication. The DOT referred us to Trump’s presidential transition team, who has not responded to VERIFY’s request for comment. 2018 Trump donated his salary in 2018 to the Department of Veterans Affairs (VA), the Small Business Administration (SBA), the National Institute on Alcohol Abuse and Alcoholism (NIAAA) and the Department of Homeland Security (DHS), according to various sources. DHS and the NIAAA received $100,000 each, though VERIFY was not able to confirm the exact amount of money given to the VA and SBA. Trump’s quarterly salary donation to the VA was announced during a White House press briefing on May 17, 2018 . The VA had “already earmarked” Trump’s donation “for caregiver support in the form of mental health and peer support programs, financial aid, education training and research,” former acting VA Secretary Robert Wilkie said during that briefing. Linda McMahon, former head of the SBA, released a statement upon receiving Trump’s salary donation on Oct. 4, 2018 . The gift would “assist the SBA with creating a seven-month intensive entrepreneur training program for veterans,” McMahon said at the time. According to an Associated Press report published on Jan. 25, 2019 , the White House said Trump donated $100,000 to the National Institute of Alcohol Abuse and Alcoholism (NIAAA), which is part of the National Institutes of Health (NIH). DHS confirmed that Trump donated $100,000 to the agency when it shared a redacted copy of a check dated March 12, 2019. VERIFY reached out to the VA and SBA for further confirmation of Trump’s salary donations, but did not receive a response by the time of publication. The NIAAA referred us to the Biden White House press office. 2019 Trump donated $100,000 each to the U.S. Department of Agriculture (USDA) and the Surgeon General’s Office, as well as $200,000 to HHS in 2019, according to various sources. Agri-Pulse , a news outlet covering farm and food policy, reported on Trump’s $100,000 donation to the USDA on May 16, 2019, citing a White House official. Trump’s contribution would be put toward “outreach programs that benefit farmers,” Agri-Pulse reported at the time. Former deputy White House press secretary Judd Deere announced Trump’s donation to the Surgeon General’s Office in an X post on Aug. 16, 2019 . Deere’s post linked out to a USA Today article that said the $100,000 salary donation would “fund an upcoming public health advisory,” according to the White House. Officials did not elaborate on the subject of the public health advisory at the time. A White House official told the Associated Press in November 2019 that Trump donated his third-quarter salary of $100,000 to the Office of the Assistant Secretary of Health (OASH), a federal agency under HHS which oversees federal public health offices and programs. The White House said the funds were earmarked “to continue the ongoing fight against the opioid crisis.” Trump’s then- Press Secretary Kayleigh McEnany said in an X post on March 3, 2020 that his final 2019 salary donation would go to HHS to “support the efforts being undertaken to confront, contain and combat coronavirus.” McEnany shared a photo of a $100,000 check from Trump written out to OASH, dated Jan. 29, 2020. VERIFY reached out to the USDA, Surgeon General’s Office and HHS for confirmation of Trump’s salary donations, but did not receive a response by the time of publication. 2020 Trump donated his salary to HHS and the National Park Service (NPS) in 2020, according to his administration. His first-quarter salary donation to HHS would “help in the development of new therapeutics to treat COVID-19 infections,” former deputy White House press secretary Judd Deere said in an X post on May 22, 2020 . VERIFY could not find further confirmation of this donation. In an X post on Aug. 14, 2020 , Trump shared an image of a check for $100,000 made out to the NPS and dated July 13, 2020. He said the donation would “help repair and restore our great national monuments.” Former Department of the Interior Secretary David Bernhardt reposted Trump’s message , writing, “Following @realDonaldTrump ’s enactment of the greatest conservation funding legislation in U.S. history, he has again demonstrated his unwavering commitment to improving our national parks, public lands, and monuments.” The Department of the Interior oversees NPS. VERIFY reached out to HHS for confirmation of Trump’s salary donation but did not receive a response by the time of publication. Trump salary donation announcements stopped at the end of his term For Trump’s first three-and-a-half years in office, his administration publicly announced the quarterly salary donations. But those donation announcements stopped in the middle of 2020. The White House never said if Trump donated the last $220,000 of his salary, which covered “the final six months of 2020 and the first 20 days of 2021,” according to a report from The Washington Post published in July 2021 . Trump’s 2017 , 2018 and 2019 tax returns show that he reported charitable contributions. But those tax returns don’t show where that money went. Trump did not report any charitable contributions on his 2020 tax return . VERIFY reached out to Trump’s presidential transition team for clarity and to ask if Trump plans to donate his salary again during his second term, but did not receive a response at the time of publication. Trump isn’t the only president to donate his presidential salary. Former Presidents John F. Kennedy and Herbert Hoover also donated their earnings while in office. Former President Barack Obama donated more than $1 million to charity while he was president, Forbes reported in February 2017 . The VERIFY team works to separate fact from fiction so that you can understand what is true and false. Please consider subscribing to our daily newsletter , text alerts and our YouTube channel . You can also follow us on Snapchat , Instagram , Facebook and TikTok . Learn More » Follow Us Want something VERIFIED? Text: 202-410-8808

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U.S. stocks tiptoed to more records after a quiet day of trading. The S&P 500 edged up by 2 points, or less than 0.1%, on Tuesday to set an all-time high for the 55th time this year. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. Treasury yields held relatively steady after a report showed U.S. employers were advertising slightly more job openings at the end of October than a month earlier. The South Korean won sank against the dollar after its president declared martial law and then later said he’ll lift it. On Tuesday: The S&P 500 rose 2.73 points, or less than 0.1%, to 6,049.88. The Dow Jones Industrial Average fell 76.47 points, or 0.2%, to 44,705.53. The Nasdaq composite rose 76.96 points, or 0.4%, to 19,480.91. The Russell 2000 index of smaller companies fell 17.79 points, or 0.7%, to 2,416.35. For the week: The S&P 500 is up 17.50 points, or 0.3%. The Dow is down 205.12 points, or 0.5%. The Nasdaq is up 262.74 points, or 1.4%. The Russell 2000 is down 18.38 points, or 0.8%. For the year: The S&P 500 is up 1,280.05 points, or 26.8%. The Dow is up 7,015.99 points, or 18.6%. The Nasdaq is up 4,469.56 points, or 29.8%. The Russell 2000 is up 389.27 points, or 19.2%.Descendants of Slavery Will Receive Priority at Public Universities If This California Lawmaker Gets His Way