Philanthropist Faisal Edhi has urged the government to take appropriate steps to resolve the crisis in Kurram district, warning that it may ignite unrest across the country. He made this statement while addressing members of the Human Rights Commission of Pakistan (HRCP) at the HRCP Karachi office on Friday. Expressing concerns over the gravity of the situation, Faisal said that if proper records were maintained, it would reveal that more than a hundred children have already died due to the ongoing conflict. He stressed that the situation was dire, with no medicines available for cancer patients or those suffering from brain haemorrhage. He pointed out that there was also a severe shortage of oxygen and insulin, even in private hospitals, and medical procedures and operations have been suspended since the conflict began. "CT scans and X-ray machines are no longer operational, and people are dying daily." Faisal Edhi shared that through their limited efforts, the foundation has been transferring patients to Peshawar and delivering essential items to those in need. He criticised both the federal and Khyber Pakhtunkhwa (K-P) governments for their lack of interest in addressing the crisis, accusing them of focusing instead on organising and disrupting political processions in Islamabad. Edhi said that the conflict started as a land dispute and could be resolved if sincere efforts were made by dedicated individuals. However, the situation has escalated into a sectarian conflict, with propaganda being spread against the foundation's humanitarian work. "Despite this, the Edhi Foundation continues to serve humanity without taking sides," he added. He recounted visits to hospitals in the affected areas, where medicines were delivered and he witnessed the devastating impact of the crisis. He warned that if the conflict is not resolved, the unrest could spread throughout the country. HRCP Secretary General Haris Khalique added that such conflicts are symptomatic of a colonial-style governance system and can only be resolved through a truly democratic regime. He stressed that the crisis should be treated as a humanitarian issue and resolved through serious negotiations in Peshawar and Islamabad. The HRCP has called on the state to urgently protect lives in Kurram District, trace and hold perpetrators of violence accountable, and involve all stakeholders in negotiations to end the conflict. Vice-Chair HRCP Sindh Qazi Khizer noted that frequent clashes between rival tribes and sects have effectively isolated the district due to road blockades and the suspension of cellular services. These measures have consistently failed to provide relief and have instead cut off residents' access to food, fuel, and medical supplies. Schools have been forced to close intermittently, and several deaths have occurred due to the lack of timely medical attention for the sick and elderly. COMMENTS Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see ourBig Ten basketball: Illinois, Northwestern both in top half of men's power rankings
Young men swung to the right for Trump after a campaign dominated by masculine appealsSeveral analysts expressed views on Ross Stores, Inc. ROST third-quarter results reported on Thursday. The company reported EPS of $1.48, exceeding the consensus of $1.40, while sales of $5.07 billion missed the street view of $5.15 billion . Ross Stores expects fourth-quarter EPS of $1.57 – $1.64 versus consensus of $1.67 and FY25 EPS of $6.10 – $6.17 compared to the street view of $6.14 . BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating on the stock with a price target of $180. The analyst writes that the company’s value-focused offerings continue to appeal to stretched consumers. The analyst says the fourth-quarter guidance accounts for a timing shift in packaway expenses (benefiting the third quarter by $0.03) and lapping last year’s extra week, which added $0.20 to EPS and 80 basis points to OM. Hutchinson adjusted the FY24 estimate to $6.14, up 1%. Telsey Advisory Group analyst Dana Telsey reaffirmed the Market Perform rating with a price target of $175. The analyst writes that Ross Stores’ earnings beat reflected margin tailwinds, despite topline results falling short of expectations. While some sales weakness was attributed to unfavorable weather, product assortment issues also contributed, failing to fully capture consumer interest. Looking ahead, the company remains aware of the challenging macroeconomic environment, particularly for its low-to-moderate income demographic, which faces pressure from rising essential costs, says the analyst. The analyst writes that although FY24 EPS guidance was raised, fourth-quarter projections fell short, underscoring persistent challenges. Ross’s commitment to value continues to attract deal-seeking customers, but macroeconomic uncertainty and the price sensitivity of its core demographic weigh, adds the analyst. Guggenheim analyst Robert Drbul maintained a Buy rating with a $180 price target. The analyst says that while macro uncertainties remain, he expects Ross to sustain positive sales momentum this holiday season, driven by strength in gifting, cosmetics, and accessories, and carry this into 2025. Drbul sees EPS estimates of $6.15 in FY24 and $6.70 in FY25, which reflects a favorable environment for Ross, supported by ample branded goods supply, a strong value proposition, and ongoing sales optimism. Following the third-quarter revenue miss, the analyst slightly reduced the FY24 revenue forecast, factoring in persistent inflation and its impact on discretionary spending. Goldman Sachs analyst Brooke Roach writes that they remain positive on Ross Stores. Despite weather-related comp softness and execution challenges, ROST’s strategy of offering branded value merchandise at sharper prices is gaining traction. While this pressures merchandise margins, operational efficiencies have offset the impact. Management acknowledges ongoing macro pressures on low- to middle-income consumers but expects sequential strength in the holiday quarter, driven by gifting and seasonal items, adds the analyst. Roach writes that additional catalysts include the appointment of a new CEO, effective February 2025 . The analyst revised the FY24, FY25, and FY26 EPS estimates to $6.19, $6.54, and $7.14 (from $6.07, $6.47, and $7.06), respectively, to account for the quarterly results, timing adjustments, and slight margin forecast updates. BMO Capital Markets analyst Simeon Siegel kept the Outperform rating and a price target of $168. The analyst writes that ROST delivered a bottom-line beat, driven by stronger-than-expected gross margins, despite a topline miss attributed to unfavorable weather. Management lowered its fourth-quarter EPS guidance but reiterated comp expectations, slightly raising the FY EPS high-end by $0.03, which the analyst views as conservative. Investors can gain exposure to the stock via Virtus ETF Trust II Virtus KAR Mid-Cap ETF KMID and VanEck Retail ETF RTH . Price Action : ROST shares are up 2.41% at $146.41 at the last check Friday. Read Next : EchoStar Shares Sink As DirecTV Terminates Acquisition Agreement © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
DC Edit | Adani issue must be probed in India tooYoung men swung to the right for Trump after a campaign dominated by masculine appeals
By Karen Garcia, Los Angeles Times A recent study that recommended toxic chemicals in black plastic products be immediately thrown away included a math error that significantly overstated the risks of contamination, but its authors are standing by their conclusions and warn against using such products. Published in the peer-reviewed journal Chemosphere , experts from the nonprofit Toxic-Free Future said they detected flame retardants and other toxic chemicals in 85% of 203 items made of black plastic including kitchen utensils , take-out containers, children’s toys and hair accessories. The study initially said the potential exposure to chemicals found in one of the kitchen utensils approached the minimum levels the Environmental Protection Agency deemed a health risk. But in an update to the study, the authors say they made an error in their calculations and the real levels were “an order of magnitude lower” than the EPA’s thresholds. The error was discovered by Joe Schwarcz, director of McGill University’s Office for Science and Society in Canada. In a blog post, Schwarcz explained that the Toxin-Free Future scientists miscalculated the lower end of what the EPA considered a health risk through a multiplication error. Instead of humans being potentially exposed to a dose of toxic chemicals in black plastic utensils near the minimum level that the EPA deems a health risk, it’s actually about one-tenth of that. Though Schwarcz said the risks outlined in the study aren’t enough for him to discard his black plastic kitchen items if he had them, he agreed with the authors that flame retardants shouldn’t be in these products in the first place. “The math error does not impact the study’s findings, conclusions or recommendations,” said Megan Liu, a co-author of the study who is the science and policy manager for Toxic-Free Future . She added that any traces of flame retardants or toxic chemicals in cooking utensils should be concerning for the public. Flame retardants are getting into commonly used items because black-colored products are being made from recycled electronic waste, such as discarded television sets and computers, that frequently contain the additives. When they’re heated, the flame retardants and other toxic chemicals can migrate out. If you’re wondering whether your old black plastic spoon or other utensils are a part of this group, Liu shared some more guidance. It’s nearly impossible to know whether a black plastic product is contaminated. That’s because these products that include recycled e-waste don’t disclose a detailed list of all ingredients and contaminants in the product. Liu said it’s also unclear how many types of flame retardants are in these black plastic products. Some of the products that researchers tested in this recent study “had up to nine different harmful chemicals and harmful flame retardants in them,” she said. Anytime you’re looking for the type of recycled plastic a product is made of you’re going to look for a number within the chasing arrows (that form a triangle) logo. Recycling symbols are numbered 1 to 7 and we commonly associate the numbers with what we can toss in our blue recycling bins. The 1 through 7 numbers stand for, respectively, polyethylene terephthalate, high-density polyethylene, polyvinyl chloride (PVC), low-density polyethylene, polypropylene, polystyrene or Styrofoam, and miscellaneous plastics (including polycarbonate, polylactide, acrylic, acrylonitrile butadiene, styrene, fiberglass and nylon). The study found higher levels of toxic flame retardants in polystyrene plastic, which is labeled with the number 6, said Liu. There isn’t a definitively timeline of when recycled electronic-waste started to be incorporated into black plastic products specifically, but e-waste started to get recycled in the early 2000s, Liu said. The way computers, cellphones, stereos, printers and copiers were being disposed of previously was to simply add them to a landfill without reusing salvageable parts. But as the National Conference of State Legislatures notes, electronics production required a significant amount of resources that could be recovered through recycling. Recovering resources such as metals, plastics and glass through recycling used a fraction of the energy needed to mine new materials. However, the study pointed out that flame retardants and other chemical contaminates have been detected in and near e-waste recycling facilities, in indoor air and dust at formal e-waste recycling facilities in Canada, China, Spain and the U.S. It also noted contamination in soil samples surrounding e-waste recycling sites in China and Vietnam. The safest nontoxic material options for kitchen utensil are wood and stainless steel. ©2024 Los Angeles Times. Visit at latimes.com. Distributed by Tribune Content Agency, LLC.Young men swung to the right for Trump after a campaign dominated by masculine appealsYour black plastic kitchen utensils aren’t so toxic after all. But you should still toss them, group saysThe Federation of Thai Industries (FTI) has reiterated its call to the government to seriously consider its proposal of setting up a public-private committee on energy to better manage national energy, following changes in America's energy policy under the incoming Donald Trump administration. The demand and supply of energy have become increasingly important as fossil-derived fuels are blamed for causing global warming. However, Trump has announced that he will support additional fossil fuel exploration and production in order to serve industry. "We need to keep an eye on what will come after this announcement," Kriengkrai Thiennukul, chairman of the FTI, told participants on Thursday at the 2024 Petroleum Outlook Forum, jointly held by national oil and gas conglomerate PTT Plc and the FTI's Petroleum Refining Industry Club. Amid this uncertainty, the Thai government needs to carefully plan the country's energy management. Authorities cannot work on this task alone, said Mr Kriengkrai. They need opinions from businesses on the government's controversial plan to pursue Thai-Cambodian talks on joint petroleum production in the overlapping claims area (OCA) that lies between the countries as well as a push for the development of a small modular reactor, a form of nuclear power technology. The FTI has been voicing concerns over high energy costs in Thailand, which will affect manufacturers' competitiveness. This is not good for the export sector, which is one of the country's key economic drivers. "The manufacturing sector would tend to employ fewer workers but consume more energy in the future," said Mr Kriengkrai. As businesses adopt more modern technologies, notably those utilised in the digital segment, they require more electricity to run their operations. The world is promoting a greater use of renewable energy, which has led to growing demand for clean electricity across various industries, including data centres and cloud services. Thailand earlier invited foreign firms specialising in data centre development to invest in the country, but these firms want the government to first clarify how it will be able to facilitate their purchases of clean power in Thailand. It is expected that the change in America's energy policy under a Trump presidency will affect Washington, DC's plan to achieve a net-zero target, a balance between greenhouse gas emissions and absorption, by 2050. But Trump's support of the oil industry should be among the factors behind a decrease in global oil price fluctuations, preventing a surge in the price of goods in the US.
GREENVILLE, S.C. (AP) — Cooper Bowser scored 16 points as Furman beat South Carolina State 68-64 on Saturday. Read this article for free: Already have an account? To continue reading, please subscribe: * GREENVILLE, S.C. (AP) — Cooper Bowser scored 16 points as Furman beat South Carolina State 68-64 on Saturday. Read unlimited articles for free today: Already have an account? GREENVILLE, S.C. (AP) — Cooper Bowser scored 16 points as Furman beat South Carolina State 68-64 on Saturday. A jumper from Tom House gave Furman a 64-62 lead with 35 seconds remaining and the Paladins closed out the win by going 4-for-4 from the free-throw line. Bowser added three steals and four blocks for the Paladins (10-1). Eddrin Bronson scored 11 points while going 3 of 8 from the floor, including 2 for 6 from 3-point range, and 3 for 4 from the line. Nick Anderson had 11 points and shot 3 for 9 (1 for 5 from 3-point range) and 4 of 4 from the free-throw line. Drayton Jones led the Bulldogs (5-7) in scoring, finishing with 15 points. Omar Croskey added 13 points for South Carolina State. Davion Everett also had 12 points, 10 rebounds and three steals. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar. AdvertisementQuest Partners LLC acquired a new position in CTS Co. ( NYSE:CTS – Free Report ) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,909 shares of the electronics maker’s stock, valued at approximately $92,000. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in CTS by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 2,805,735 shares of the electronics maker’s stock valued at $131,280,000 after buying an additional 33,636 shares during the last quarter. Earnest Partners LLC boosted its position in CTS by 3.0% in the 2nd quarter. Earnest Partners LLC now owns 1,735,534 shares of the electronics maker’s stock valued at $87,870,000 after buying an additional 50,632 shares during the last quarter. Tributary Capital Management LLC boosted its position in CTS by 0.3% in the 2nd quarter. Tributary Capital Management LLC now owns 308,078 shares of the electronics maker’s stock valued at $15,598,000 after buying an additional 902 shares during the last quarter. Royce & Associates LP boosted its position in CTS by 5.4% in the 3rd quarter. Royce & Associates LP now owns 294,513 shares of the electronics maker’s stock valued at $14,249,000 after buying an additional 15,062 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in CTS by 0.4% in the 2nd quarter. Renaissance Technologies LLC now owns 170,000 shares of the electronics maker’s stock valued at $8,607,000 after buying an additional 700 shares during the last quarter. 96.87% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth A number of research firms have weighed in on CTS. Scotiabank cut shares of CTS from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. StockNews.com cut shares of CTS from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. CTS Stock Performance Shares of NYSE CTS opened at $55.10 on Friday. The company has a quick ratio of 1.91, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The firm’s 50-day moving average price is $50.95 and its two-hundred day moving average price is $50.25. CTS Co. has a 52-week low of $38.49 and a 52-week high of $59.68. The stock has a market capitalization of $1.66 billion, a P/E ratio of 28.40 and a beta of 0.58. CTS ( NYSE:CTS – Get Free Report ) last issued its earnings results on Tuesday, October 29th. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.06. CTS had a net margin of 11.66% and a return on equity of 12.39%. The firm had revenue of $132.42 million for the quarter. During the same period in the prior year, the business earned $0.54 EPS. As a group, sell-side analysts forecast that CTS Co. will post 2.15 earnings per share for the current year. CTS Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, December 27th will be paid a $0.04 dividend. The ex-dividend date is Friday, December 27th. This represents a $0.16 annualized dividend and a dividend yield of 0.29%. CTS’s payout ratio is currently 8.25%. CTS Company Profile ( Free Report ) CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides encoders, rotary position sensors, slide potentiometers, industrial and commercial rotary potentiometers. It also provides non-contacting, and contacting pedals; and eBrake pedals. Recommended Stories Want to see what other hedge funds are holding CTS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CTS Co. ( NYSE:CTS – Free Report ). Receive News & Ratings for CTS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CTS and related companies with MarketBeat.com's FREE daily email newsletter .
Forte scores 21, South Dakota beats Western Illinois 89-66Ketron Shaw scores 30 to lead Maryland Eastern Shore over Bryn Athyn 91-65
Young men swung to the right for Trump after a campaign dominated by masculine appeals
The Slate Electric Flosser combines thoughtful design and ease of use, making it a great addition to any dental hygiene routine. Its innovative features simplify flossing for users who find traditional methods difficult, offering a convenient and efficient way to maintain oral health. While it may require some upfront investment and adjustments in technique, it proves to be a practical solution for consistent, hassle-free flossing. I could see some people being apprehensive of this product since it requires an ongoing expense of the floss heads. I’ve tried very hard — especially in the last few years — to take care of my teeth. I have an electric toothbrush that I use every day and I have noticed a difference in my overall dental health because of it. One thing I’ve never been good about doing at home is flossing. My dentist has always reminded me that it is an important step in , but it’s something I’ve never been great at. Maneuvering around inside my mouth with a tiny piece of string...it’s just not been an easy task for me to accomplish. Fortunately, there is now an electric flosser that helps me check this box off of my at-home dental care. Meet Slate. The Slate Electric Flosser is a revolutionary oral care tool designed to elevate your dental hygiene routine with precision and ease. Combining cutting-edge technology with user-friendly design, it offers an effective alternative to traditional flossing by targeting hard-to-reach areas between teeth and along the gumline. This sleek, compact device uses advanced sonic vibrations or water-jet technology (depending on the model) to dislodge food particles and plaque while promoting healthier gums and fresher breath. With customizable intensity settings, it accommodates users of all sensitivity levels, ensuring a comfortable experience every time. Features include a rechargeable battery for convenience, a water-resistant body for safe use in the bathroom, and interchangeable nozzles for hygienic sharing among family members. Whether you’re looking to enhance your oral health or seeking a simpler, faster way to floss, the Slate Electric Flosser is the perfect addition to your daily routine. Slate has a list price of $96 for the flosser and the initial stock of replacement heads. Replacement floss heads are $20 for a one-time purchase of 20 heads. It can be purchased through slateflosser.com or . Getting started with Slate was extremely easy. I did read the instructions thoroughly even though I was eager to try it out when it arrived. The flosser comes with 5 floss heads — one attached and four extras. It also comes with a magnetic charging cable, but no power adapter. It is recommended that at least a 20W charger is used. I happened to have a very small 20W charger that worked well for this purpose. So, I plugged it in and let it charge to full before I used it the first time. I will note that Slate had some charge to it out of the box, but since the instructions recommended charging it to 100% before using it, that’s what I did. As you might expect, the first time I used the flosser, there was a little bit of gum irritation. It wasn’t anything too severe though and I believe it was less of an issue than when using standard floss. As with an electric brush, you want to let Slate do most of the work for you. Since it works by utilizing vibrations to loosen up particles that might be trapped between your teeth, you simply want to work the floss head between your teeth gently and move it back and forth a few times. I found this to be incredibly easy and since the flosser arrived, I’ve been diligent about flossing when I brush every day. The information provided by Slate states that the floss on the head should last about one week with consistent use. I can verify that after exactly seven days of use, the string on the head broke and I had to replace it. Again, this was an easy process, and within a few seconds, I had Slate ready to go for the next use. I have charged Slate a couple of times since I received it but it was more precautionary than reactionary. I never let the battery completely die. I would charge it after a couple of days of use just to make sure it was ready for the next time. Since I got Slate, I happened to have a dentist appointment. So I took it with me to my appointment and asked my dentist for his opinion of it. He said that as far as efficiency goes, he wasn’t sure how well it measured up against standard floss, but that if it got someone flossing who hadn’t been doing anything, it was worth it. He did suggest that I keep it on the lowest setting so that I didn’t chance causing any damage to my gums or teeth. The Slate Electric Flosser is a game-changer for anyone who has struggled with traditional flossing. With its easy-to-use features, innovative design, and thorough cleaning capabilities, it makes daily flossing a more achievable and enjoyable task. While it might not completely replace standard floss in every dentist’s eyes, it provides an excellent option for improving dental hygiene, particularly for those who struggle with consistency or technique using traditional methods. For more information, visit
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Lucknow: Delivering the foundation day address, Pro-Vice-Chancellor (Medical Sciences) at GITAM Deemed to be University, Vishakhapatnam, Prof Geetanjali Batmanabane, expressed concern over young doctors spending excessive time on social media. She foresaw this trend as detrimental to future of patient care and medical research. "Technology has made acquiring knowledge of medical education easier," said Batmanabane, adding, "What saddens me is that time saved in the process is not being used for benefit of humanity. Doctors can do much more if they cut their screen time and divert it to medical education, clinical research and even self-development." Stating that people in the medical profession needed to read voraciously to gain new knowledge, she said physicians must improve their behaviour and also train students on behaviour. Prior to the foundation day ceremony, she spoke to the faculty at SGPGI. In her interaction, she delved into the changing relationship between doctors and patients and reminded them that the comparison of doctors with gods had not ceased.By MICHELLE L. PRICE WEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump’s supporters over immigration and the tech industry has thrown internal divisions in his political movement into public display, previewing the fissures and contradictory views his coalition could bring to the White House. The rift laid bare the tensions between the newest flank of Trump’s movement — wealthy members of the tech world including billionaire Elon Musk and fellow entrepreneur Vivek Ramaswamy and their call for more highly skilled workers in their industry — and people in Trump’s Make America Great Again base who championed his hardline immigration policies. The debate touched off this week when Laura Loomer , a right-wing provocateur with a history of racist and conspiratorial comments, criticized Trump’s selection of Sriram Krishnan as an adviser on artificial intelligence policy in his coming administration. Krishnan favors the ability to bring more skilled immigrants into the U.S. Loomer declared the stance to be “not America First policy” and said the tech executives who have aligned themselves with Trump were doing so to enrich themselves. Much of the debate played out on the social media network X, which Musk owns. Loomer’s comments sparked a back-and-forth with venture capitalist and former PayPal executive David Sacks , whom Trump has tapped to be the “White House A.I. & Crypto Czar.” Musk and Ramaswamy, whom Trump has tasked with finding ways to cut the federal government , weighed in, defending the tech industry’s need to bring in foreign workers. It bloomed into a larger debate with more figures from the hard-right weighing in about the need to hire U.S. workers, whether values in American culture can produce the best engineers, free speech on the internet, the newfound influence tech figures have in Trump’s world and what his political movement stands for. Trump has not yet weighed in on the rift, and his presidential transition team did not respond to a message seeking comment. Musk, the world’s richest man who has grown remarkably close to the president-elect , was a central figure in the debate, not only for his stature in Trump’s movement but his stance on the tech industry’s hiring of foreign workers. Technology companies say H-1B visas for skilled workers, used by software engineers and others in the tech industry, are critical for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated, not expanded. Born in South Africa, Musk was once on an a H-1B visa himself and defended the industry’s need to bring in foreign workers. “There is a permanent shortage of excellent engineering talent,” he said in a post. “It is the fundamental limiting factor in Silicon Valley.” Related Articles National Politics | Should the U.S. increase immigration levels for highly skilled workers? National Politics | Trump threat to immigrant health care tempered by economic hopes National Politics | In states that ban abortion, social safety net programs often fail families National Politics | Court rules Georgia lawmakers can subpoena Fani Willis for information related to her Trump case National Politics | New 2025 laws hit hot topics from AI in movies to rapid-fire guns Trump’s own positions over the years have reflected the divide in his movement. His tough immigration policies, including his pledge for a mass deportation, were central to his winning presidential campaign. He has focused on immigrants who come into the U.S. illegally but he has also sought curbs on legal immigration , including family-based visas. As a presidential candidate in 2016, Trump called the H-1B visa program “very bad” and “unfair” for U.S. workers. After he became president, Trump in 2017 issued a “Buy American and Hire American” executive order , which directed Cabinet members to suggest changes to ensure H-1B visas were awarded to the highest-paid or most-skilled applicants to protect American workers. Trump’s businesses, however, have hired foreign workers, including waiters and cooks at his Mar-a-Lago club , and his social media company behind his Truth Social app has used the the H-1B program for highly skilled workers. During his 2024 campaign for president, as he made immigration his signature issue, Trump said immigrants in the country illegally are “poisoning the blood of our country” and promised to carry out the largest deportation operation in U.S. history. But in a sharp departure from his usual alarmist message around immigration generally, Trump told a podcast this year that he wants to give automatic green cards to foreign students who graduate from U.S. colleges. “I think you should get automatically, as part of your diploma, a green card to be able to stay in this country,” he told the “All-In” podcast with people from the venture capital and technology world. Those comments came on the cusp of Trump’s budding alliance with tech industry figures, but he did not make the idea a regular part of his campaign message or detail any plans to pursue such changes.
Tata Communications has identified gaming and esports as a significant growth opportunity within its media and entertainment (M&E) vertical, said its managing director and chief executive Amur Lakshminarayanan. The global digital ecosystems and communications technology leader’s bullishness on gaming and esports aligns with the global trend, as this segment is experiencing explosive growth. The Tata Group company is actively developing targeted products to address this burgeoning market, Lakshminarayanan said. The company reported strong revenue growth for the M&E portfolio to Rs 1,235 crore for 2023-24 from Rs 603 crore in 2022-23 and Rs 480 crore in 2021-22, driven by its expanding global footprint. Tata Communications currently facilitates the recording and broadcasting of 80% of the world’s key sports events, reaching more than two billion viewers across the globe. Lakshminarayanan outlined major growth areas within the M&E vertical. “We see three significant growth opportunities in the M&E space: enhancing partnerships with international sporting federations through added value and advanced production capabilities, supporting broadcasters in their transition to modern technologies and addressing the rapidly expanding e-gaming and esports markets," he said. 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The second key focus area involves assisting Indian broadcasters in adopting advanced technologies, including cloud-based and internet protocol (IP)-driven distribution systems. The third is centred around tapping into the expanding e-gaming and esports markets, capitalising on the global rise of competitive gaming and interactive entertainment. A critical shift for Tata Communications has been its move from traditional way of producing live events to cloud-based, remote production. The transformation has helped streamline operations while enhancing content delivery, enabling personalised content tailored to regional preferences. He emphasised that global sporting federations have partnered with Tata Communications due to its cutting-edge technology, and the expertise of its skilled team. Tata Communications provided Disney Star with advanced edge broadcast technologies, enabling Star Sports Live to be delivered in 4K for the first time on Indian set-top boxes. Additionally, it supported Disney+ Hotstar in deploying vertical feeds for the 2023 ICC Men’s ODI World Cup. The innovation underscored the company’s focus on delivering high-quality, real-time coverage, which is of critical importance as live sports remain one of the most consumed forms of video content globally. Following the Rs 485 crore acquisition of The Switch, a live production and video transmission company, Tata Communications opened a state-of-the-art production facility in Los Angeles which caters to the increasing global demand for live content production, strengthening the company's position in the live streaming and broadcasting industry. Nominations for ET MSME Awards are now open. The last day to apply is December 15, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )‘AI can’t replace human emotions, and experiences’
Karnataka is planning a SWIFT City for start-ups in SarjapurQuest Partners LLC boosted its position in Customers Bancorp, Inc. ( NYSE:CUBI – Free Report ) by 143.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,633 shares of the bank’s stock after purchasing an additional 962 shares during the period. Quest Partners LLC’s holdings in Customers Bancorp were worth $76,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also recently bought and sold shares of CUBI. Ridgewood Investments LLC acquired a new stake in Customers Bancorp in the second quarter valued at $48,000. Innealta Capital LLC acquired a new stake in Customers Bancorp in the 2nd quarter valued at about $74,000. GAMMA Investing LLC increased its holdings in Customers Bancorp by 21.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,580 shares of the bank’s stock valued at $73,000 after acquiring an additional 282 shares in the last quarter. CWM LLC increased its holdings in Customers Bancorp by 14.2% during the 3rd quarter. CWM LLC now owns 2,198 shares of the bank’s stock valued at $102,000 after acquiring an additional 274 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in Customers Bancorp during the second quarter worth about $151,000. 89.29% of the stock is owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades Several analysts have recently commented on CUBI shares. Wedbush lowered shares of Customers Bancorp from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $79.00 to $53.00 in a research report on Tuesday, September 24th. Raymond James lowered their target price on Customers Bancorp from $80.00 to $70.00 and set a “strong-buy” rating on the stock in a report on Wednesday, October 2nd. StockNews.com cut Customers Bancorp from a “hold” rating to a “sell” rating in a report on Saturday, November 23rd. Hovde Group downgraded Customers Bancorp from an “outperform” rating to a “market perform” rating and set a $49.00 price objective on the stock. in a research report on Friday, August 9th. Finally, Stephens lifted their price objective on Customers Bancorp from $53.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Monday, November 11th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Customers Bancorp has an average rating of “Hold” and a consensus price target of $61.11. Customers Bancorp Stock Performance Customers Bancorp stock opened at $56.52 on Friday. The stock has a fifty day moving average price of $49.13 and a 200 day moving average price of $49.77. Customers Bancorp, Inc. has a 52 week low of $42.31 and a 52 week high of $68.49. The firm has a market capitalization of $1.77 billion, a P/E ratio of 9.18 and a beta of 1.61. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.78. Customers Bancorp ( NYSE:CUBI – Get Free Report ) last posted its quarterly earnings data on Thursday, October 31st. The bank reported $1.34 EPS for the quarter, missing analysts’ consensus estimates of $1.43 by ($0.09). Customers Bancorp had a net margin of 15.22% and a return on equity of 13.55%. The company had revenue of $167.10 million for the quarter, compared to analyst estimates of $191.61 million. During the same period in the prior year, the company earned $2.59 EPS. The company’s revenue was down 23.2% compared to the same quarter last year. Equities research analysts anticipate that Customers Bancorp, Inc. will post 5.63 earnings per share for the current year. Insider Buying and Selling In other news, Director Robert Neil Mackay sold 4,000 shares of Customers Bancorp stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $53.78, for a total value of $215,120.00. Following the transaction, the director now directly owns 4,567 shares of the company’s stock, valued at $245,613.26. The trade was a 46.69 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link . Also, insider Glenn Hedde sold 5,002 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $53.68, for a total value of $268,507.36. Following the sale, the insider now owns 66,256 shares of the company’s stock, valued at $3,556,622.08. The trade was a 7.02 % decrease in their position. The disclosure for this sale can be found here . Over the last quarter, insiders sold 96,440 shares of company stock valued at $5,425,815. Insiders own 6.92% of the company’s stock. About Customers Bancorp ( Free Report ) Customers Bancorp, Inc operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts. Read More Five stocks we like better than Customers Bancorp 3 Warren Buffett Stocks to Buy Now The Latest 13F Filings Are In: See Where Big Money Is Flowing What Are Trending Stocks? Trending Stocks Explained 3 Penny Stocks Ready to Break Out in 2025 Biggest Stock Losers – Today’s Biggest Percentage Decliners FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Want to see what other hedge funds are holding CUBI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Customers Bancorp, Inc. ( NYSE:CUBI – Free Report ). Receive News & Ratings for Customers Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Customers Bancorp and related companies with MarketBeat.com's FREE daily email newsletter .
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