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Natixis Advisors LLC bought a new position in shares of Hanesbrands Inc. ( NYSE:HBI – Free Report ) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 33,677 shares of the textile maker’s stock, valued at approximately $248,000. Several other large investors have also recently added to or reduced their stakes in HBI. Price T Rowe Associates Inc. MD increased its stake in Hanesbrands by 8.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 163,147 shares of the textile maker’s stock worth $947,000 after acquiring an additional 12,637 shares during the last quarter. Cetera Advisors LLC increased its stake in Hanesbrands by 233.4% during the first quarter. Cetera Advisors LLC now owns 35,481 shares of the textile maker’s stock worth $206,000 after acquiring an additional 24,839 shares during the last quarter. Bard Financial Services Inc. increased its stake in Hanesbrands by 3.3% during the second quarter. Bard Financial Services Inc. now owns 975,415 shares of the textile maker’s stock worth $4,809,000 after acquiring an additional 30,800 shares during the last quarter. CWM LLC increased its stake in Hanesbrands by 25.6% during the second quarter. CWM LLC now owns 34,283 shares of the textile maker’s stock worth $169,000 after acquiring an additional 6,998 shares during the last quarter. Finally, O Keefe Stevens Advisory Inc. acquired a new stake in Hanesbrands during the second quarter worth about $57,000. 80.31% of the stock is currently owned by hedge funds and other institutional investors. Analysts Set New Price Targets Several brokerages have commented on HBI. Barclays upped their price target on Hanesbrands from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research note on Monday, November 11th. UBS Group upgraded Hanesbrands from a “neutral” rating to a “buy” rating and upped their price target for the stock from $9.00 to $11.00 in a research note on Tuesday. Finally, Stifel Nicolaus upped their price target on Hanesbrands from $4.50 to $6.00 and gave the stock a “hold” rating in a research note on Monday, August 12th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $6.90. Hanesbrands Stock Performance Shares of NYSE:HBI opened at $8.70 on Friday. The company has a market cap of $3.07 billion, a P/E ratio of -13.18 and a beta of 1.58. The company has a debt-to-equity ratio of 21.50, a quick ratio of 0.90 and a current ratio of 1.49. Hanesbrands Inc. has a one year low of $3.58 and a one year high of $9.10. The business’s 50-day simple moving average is $7.55 and its 200 day simple moving average is $6.25. Hanesbrands ( NYSE:HBI – Get Free Report ) last announced its earnings results on Thursday, November 7th. The textile maker reported $0.15 EPS for the quarter, beating the consensus estimate of $0.11 by $0.04. The business had revenue of $937.10 million for the quarter, compared to the consensus estimate of $936.47 million. Hanesbrands had a positive return on equity of 44.72% and a negative net margin of 5.24%. The company’s revenue was down 2.5% on a year-over-year basis. During the same period last year, the business posted $0.10 EPS. On average, sell-side analysts forecast that Hanesbrands Inc. will post 0.39 earnings per share for the current fiscal year. Hanesbrands Profile ( Free Report ) Hanesbrands Inc, a consumer goods company, designs, manufactures, sources, and sells a range of range of innerwear apparels for men, women, and children in the Americas, Europe, the Asia pacific, and internationally. The company operates through three segments: Innerwear, Activewear, and International. See Also Five stocks we like better than Hanesbrands Most active stocks: Dollar volume vs share volume The Latest 13F Filings Are In: See Where Big Money Is Flowing Which Wall Street Analysts are the Most Accurate? 3 Penny Stocks Ready to Break Out in 2025 Investing In Preferred Stock vs. Common Stock FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Want to see what other hedge funds are holding HBI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hanesbrands Inc. ( NYSE:HBI – Free Report ). Receive News & Ratings for Hanesbrands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hanesbrands and related companies with MarketBeat.com's FREE daily email newsletter .
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THEIR RIVALS couldn’t help but slip up as Storm Bert’s icy conditions took their toll. , though, made sure there was chance of that happening at Tynecastle. Aberdeen’s unbeaten came to an end after a delayed kick-off in . let more points go as they were held at to United. The Hoops needed to they had enough grit in the freezing conditions not to follow suit. They were slow to find their feet at first as Neil Critchley’s Jambos took the game to them. Read More in Football But they hit their stride when put them ahead in the 55th minute. Top scorer Nicolas Kuhn’s stunner five minutes later was as cool as the conditions. Sub added a third with virtually his first touch then scored an time penalty with Musa Darmmeh pulling one back for the Jambos in between. And it means they’re now three points clear of the Dons and ELEVEN ahead of . Celtic legend Scott Brown splashes out £2million on luxury pad with pool Rangers boss Philippe Clement admits he has 'no credit left in the bank' SPFL club call out league bosses on 'preparation time' as Storm Bert delays game Fourth Prem clash DELAYED but this one's nothing to do with Storm Bert Rodgers made two changes to the wide that beat in their last outing. came in for and Kyogo Furuhashi replaced Adam Idah. Critchley benched Kenneth Vargas with coming into the side. had been the last side to beat Celtic in a domestic fixture, . Since then Rodgers’ had gone 26 games unbeaten in the league and cups. That record, though, looked like it might be under a threat inside a minute at Tynecastle. and Blair Spittal combined with the former playing the latter in. But Spittal had more time than he thought and his rushed shot was saved by . The keeper was in action again soon after as he stopped James Penrice’s low attempt. The Hoops first chance came in the 6th minute, finding Daezen Maeda. Like Spittal he had more time than he suspected and his header flew over Craig Gordon’s bar. Good play from Daniel Oyegoke then saw him hit the byline but there no takers in the box. The Verdict by ROBERT MARTIN CAMERON CARTER-VICKERS helped give Celtic the base for his big win with a towering first half performance at Tynecastle. The defender used all his experience to snuff out Lawrence Shankland’s threat and made a hugely important block to keep out Alan Forrest’s shot just before the break. That allowed his side to come back out and win the game with Nicolas Kuhn and Kyogo Furuhashi and Adam Idah stepping up to finish the Jambos. STEVEN McLEAN could have booked Daizen Maeda long before he actually did show him a yellow card, the forward having had a number of goes at Cammy Devlin before going in the book, a point the frustrated Aussie tried to make to the whistler. James Penrice was also rightly cautioned for a foul on Kuhn, but compared to some Hearts-Celtic clashes of recent times this one passed off with little in the way of controversy. BRENDAN RODGERS will love the way his side took advantage of their rivals slip-ups to move clear at the top of the table at a venue that has proved difficult for them at times in the recent past. Neil Critchley will love the way his side got the better of the Hoops at times in the first half, but his side’s failure to score when they are on top is a recurring theme and why they remain 11th in the table right now. But Penrice kept the alive and pulled the ball back for Shankland, who fired wide. Penrice picked out Shankland once more in the 21st minute, this time with a floated cross. The had to generate power in his header and Schmeichel made a comfortable save. Forrest’s ball then looked to pick out Shankland in the box but Carter-Vickers snuffed out the . The defender made a superb block to keep out Forrest after good play between Spittal and Penrice. It meant the Jambos trooped off at half-time a little disappointed not to be ahead. But it was a very different story after the break as Celtic took complete control of the game. Kuhn’s ball picked out Kyogo, who turned and drilled in a first time effort at goal. But keeper Gordon stuck out a strong arm to beat the shot away and keep his side on terms. Maeda was lucky to escape a yellow for a foul on Cammy Devlin, a point the Aussie was quick to make. And then the Hoops got another lucky break soon after when they went ahead in the 55th minute. Oyegoke initially cut out a through ball on the edge of his box and tried to clear upfield. But his attempted pass came back off McGregor - and straight into the path of Kyogo six yards from goal. Gordon was alert to the danger and kept out the striker’s first effort from close range. But the Japanese reacted quickly to turn the rebound home and put his side in front. If the lead up to the goal had been fortunate the forward play was superb. And there was NOTHING lucky about Celtic’s second when it came just before the hour. Kuhn broke at pace and played a one-two with Maeda as maroon shirts toiled to get back. And Gordon had no chance as the German fired into the roof of his net from ten yards out. Critchley threw on Kenneth Vargas to a smattering of boos from the home support. The forward had then claimed his words had been misinterpreted. Sub Tony Ralston turned Oyegoke’s cross onto the junction of his bar and as he looked to clear. And Schmeichel blocked a shot from Devlin after Austin Trusty gave the ball away inside his own box. Rodgers sent on Idah for Kyogo in the 77th minute as he looked to save some legs ahead of . And Idah responded by putting them further ahead with virtually his first touch. Good pressing by green and white shirts led to fellow sub playing Idah in. Man bys How they rated by ROBERT MARTIN Craig Gordon 8, Daniel Oyegoke 7, Frankie Kent 6, Kye Rowles 6, James Penrice 7, Cammy Devlin 7 (Yan Dhanda 80, 2), Beni Baningime 6, Malachi Boateng 6 (Jorge Grant 67, 3), Blair Spittal 6 (Musa Drammeh 80, 3), Alan Forrest 6 (Kennth Vargas 67, 2), Lawrence Shankland 6. Kasper Schmeichel 7, Alastair Johnston 6 (Anthony Ralston 70, 3), Cameron Carter-Vickers 8, Austin Trusty 8, Greg Taylor 6, Reo Hatate 7, Callum McGregor 7, Arne Engels 6 (Paulo Bernardo 66, 3), Daizen Maeda 6 (James Forrest 67, 3), Nicolas Kuhn 7 (Yang Hyun-jun 75, 2), Kyogo Furuhashi 7 (Adam Idah 75, 4). And although Gordon got something on it the veteran was unable to keep the effort out. pulled one back in the 82nd minute through sub Musa Drammeh. The signing lashed a shot past Schmeichel having also just come onto the . But an injury to assistant Graeme Stewart led to a delay and killed any momentum. Gordon made a stunning double stop to keep out Yang and Idah as the Hoops saw it out. Read more on the Scottish Sun But Jorge Grant’s careless challenge on Forrest then led to an injury time spot kick. And Idah fired low to Gordon’s right to completely a hugely satisfying on the road.Netflix getting set to air NFL on Christmas Day
Google Maps under scrutiny after fatal car accident in IndiaMaryland U.S. Rep. James Raskin, who represents Maryland’s 8th District, officially launched his campaign to be the next ranking member of the House Judiciary Committee in the 119th Congress. In a letter released on Dec. 2, the Democrat expressed concern over the future of the country in the face of a GOP-controlled Congress and White House, calling next year’s political scene the “fight of our lives.” This time the MAGA movement has not only a trifecta but a complicit Supreme Court waiting in the wings and a dominant media propaganda system parroting all the lies,” he wrote. “House Democrats must stand in the breach to defend the principles and institutions of constitutional democracy.” Congressman Raskin urged his colleagues to “strategize and organize like never before” until Democrats “win the House back in 2026,” he predicted. With Republican’s thin 220-215 majority in the House, the Democrat said lawmakers need to advance legislation that will prevent a “further descent into MAGA chaos.” “This is where we will wage our front-line defense of the freedoms and rights of the people, the integrity of the Department of Justice and the FBI, and the security of our most precious birthright possession: the Constitution and the Bill of Rights, the rule of law, and democracy itself,” he wrote. Throughout his career in politics, Congressman Raskin has leveraged his experience as a professor of constitutional law and the First Amendment for over 25 years, and his decades-long work at the Maryland State Senate, where he served as Majority Whip. During his time at the Maryland General Assembly, Congressman Raskin advocated for marriage equality, abolition of the death penalty, restoration of voting rights for former prisoners, and the passage of the National Popular Vote interstate compact. Congressman Raskin has been a member of the House Judiciary Committee since he joined Congress in 2017, and was heavily involved in the legislative aftermath of Jan. 6. Together with Congressmen Ted Lieu and Joe Neguse, Raskin successfully drafted an Article of Impeachment against president-elect Donald Trump. In the 119th Congress, the Judiciary Committee will be the headquarters of Congressional opposition to authoritarianism and MAGA’s campaign to dismantle our Constitutional system and the rule of law as we know it,” the Congressman Raskin wrote in his ‘dear colleague’ letter. “I hope to be at the center of this fight and — as someone who has battled cancer and chemotherapy — I can tell you that I will never surrender, never surrender.” The Democrat concluded the letter expressing respect and “boundless admiration” for his opponent and current Ranking Member of the House Judiciary Committee, Rep. Jerry Nadler. In response to the news on social media, political pundits were quick to weigh in. John Dedie, a political science professor at the Community College of Baltimore County, predicted Congressman Raskin would earn enough support to be selected as ranking member. “Dems want a guy who can do the theatre of TV for all the public hearings and is sharp with sound bites,” Dedie wrote on X, previously known as Twitter. “Rep. Raskin is that guy.”
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Russian police raid Moscow nightclubs in LGBTQ+ crackdownThe Arizona Cardinals are 6-6 through 12 games, which makes them an average football team. That’s much better than the previous two years, which both ended with just four wins. But after two straight frustrating losses, it’s not providing much consolation for a franchise that feels as though it should be much better. The latest setback came on Sunday, when the Minnesota Vikings rallied to beat the Cardinals 23-22 . Arizona never trailed until Sam Darnold threw a 5-yard touchdown pass with 1:18 remaining that proved to be the winning score. It was a mistake-filled performance for the Cardinals, who racked up 10 penalties for 96 yards. That’s a big reason they had to settle for five field goals and scored just one touchdown. The Cardinals were leading 19-16 in the fourth quarter and had first-and-goal at the Vikings 5, but Tip Reiman was called for a false start and then quarterback Kyler Murray was called for intentional grounding . The Cardinals kicked a field goal for a 22-16 lead, giving the Vikings the chance they needed to drive for the winning score. Murray threw two interceptions in the fourth quarter. RELATED COVERAGE 49ers are nearing rock bottom following a blowout loss and the injury to McCaffrey Jim Harbaugh’s Chargers are in good position for the playoffs but need to improve on offense The Vikings are showing their worth at 10-2 by winning the games that don’t go smoothly “I thought we moved the ball well,” Murray said. “Again, it just comes down to not scoring touchdowns. Get down there and kick field goals and penalties bite us. It’s bad — it’s bad football.” The loss knocked the Cardinals out of first place in the NFC West, though they’re still in decent playoff position. A pivotal game against the division-rival Seahawks looms on Sunday. Second-year coach Jonathan Gannon acknowledged the frustration of Sunday’s loss, but said they’ve got to rebound quickly. “They’re disappointed and down, but it’s the NFL,” Gannon said. “They’ve got to put all their energy and focus into tomorrow.” The AP Top 25 college football poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . What’s working Arizona’s defense blamed itself for not coming up with a stop on the Vikings’ winning drive, but the unit played exceptionally well for most of the afternoon. Mack Wilson and L.J. Collier both had two sacks and the Cardinals held Minnesota to just 273 total yards. For a group that looked as if it might be the team’s weakness this season, it was another rock solid performance. What needs help The Cardinals aren’t a good enough football team to overcome 10 penalties and get a win — particularly on the road. Reiman had a rough day, getting called for three false starts. His false start on the next-to-last offensive drive — coupled with Murray’s intentional grounding penalty — proved to be extremely costly. “That was brutal,” Gannon said. “Just got to figure out ways to punch the ball in for touchdowns there, not field goals.” Stock up Rookie Marvin Harrison Jr. had five catches for 60 yards, including an impressive touchdown catch that put the Cardinals up 19-6. It was Harrison’s seventh TD reception of the season. The No. 4 overall pick has been a little inconsistent in his first year, but there’s little doubt he’s a difference-maker for the offense. He’s still got a chance to reach 1,000 yards receiving this season if he averages about 80 yards receiving over the final five games. Considering his talent, that’s certainly possible. Stock down Gannon was second-guessed for his decision to kick a field goal late in the fourth quarter instead of trying for a touchdown at the Vikings 4 with 3:29 left. Chad Ryland made the 23-yard chip shot for a 22-16 lead, but the Vikings drove the field on the ensuing possession for the winning score. “I trust JG,” Murray said. “I see both sides. Go up six and make them score; trust the defense to go get a stop. Go for it, you don’t get it, they’ve still got to go down and score. If you do get it, you probably put the game away.” Said Gannon: “Yeah, I mean there’s thought about it. Just wanted to go up more than a field goal there. Definitely a decision point that we talked about. So be it.” Injuries The Cardinals came out of the game fairly healthy. Rookie DL Darius Robinson — the No. 27 overall pick — made his NFL debut against the Vikings after missing the first 11 games due to a calf injury. Key number 1,074 — Running back James Conner’s total yards from the line of scrimmage this season, including 773 on the ground and 301 in the passing game. Next steps The Cardinals return home for a game against the Seahawks on Sunday. ___ AP NFL: https://apnews.com/hub/nflFormer Fresno State quarterback Mikey Keene is transferring to Michigan with one year of eligibility remaining. Confirming earlier reports, Keene posted an image of himself in a Wolverines uniform on social media on Monday. Keene passed for 2,892 yards with 18 touchdowns and 11 interceptions in 12 games for the Bulldogs in 2024. Fresno State opened the season with a 30-10 loss at Michigan on Aug. 31, with Keene throwing for 235 yards with one touchdown and two picks. Including two seasons at UCF (2021-22), Keene has completed 67.8 percent of his passes for 8,245 yards with 65 TDs and 28 interceptions in 39 games. Keene's competition for the starting job at Michigan includes incoming freshman Bryce Underwood, the 247Sports Composite's No. 1 overall player in the 2025 recruiting class. --Field Level Media
Article content The hardest movie ticket to get this weekend was for a film audiences have been able to watch at home for years: Christopher Nolan’s “Interstellar.” The science fiction epic starring Matthew McConaughey and Anne Hathaway earned $4.5 million from only 166 screens in the U.S. and Canada. Its 70mm IMAX film presentations sold out in minutes, leaving theatres scrambling to add more and people paying up to $300 on the re-sale market. Those 10 film screens alone had a staggering $70,000 per theatre average, one of the highest of the year and usually the bragging rights of acclaimed arthouse movies playing on only four screens. Ten years after “Interstellar” was given a film release as a special exception at time when its studio, Paramount, was committing to a digital future, film is not only back but driving audiences to theatres. “I was just so gratified by the response,” Nolan said in an exclusive interview with The Associated Press. “It’s really thrilling when people respond to your work at any point. But 10 years later, to have new audiences coming and experiencing it in the way that we’d originally intended it on the big IMAX screens and in particular on those IMAX film prints? It’s really rewarding to see that it continues to have a life.” How Nolan fought for film and the re-release “Interstellar” had been a labor of love, with Nolan fighting against the tides of a changing industry to use film, certain of its value. Like McConaughey’s Cooper, an astronaut clinging to skills that were all but obsolete in his dust bowl reality, “Interstellar” was made by a celluloid-loving filmmaker when the format was least valued. “Celluloid film was very threatened. Digital was taking over everything,” Nolan said. “We put an enormous amount of work and effort into the IMAX 70mm film format release at the time feeling like we didn’t know how much longer we’d be able to do that.” During its time, “Interstellar” was received warmly and an unambiguous success, but it also had its detractors. Its five Oscar nominations and win were all for crafts. And yet in the decade since, “Interstellar” has become beloved, a true classic. Nolan observed that it was the film that people kept wanting to talk about, telling him what it meant to them and asking if it was ever going to be re-released. Those grand emotions and sentimental themes of love, family and exploration that were a liability with some are now its most cherished qualities. “A lot of these people were younger people who, it was clear to me, had seen the film in the home and hadn’t had the chance to see it on the big screen,” Nolan said. While there have been “Interstellar” rereleases internationally, in China and at the Science Museum in London, Nolan saw an opportunity and spoke to IMAX and Paramount, now under a new regime, about a proper North American re-release for its 10th anniversary. The prints, Nolan said, hadn’t aged a day. IMAX hardly needed convincing: They’ve had the anniversary date circled on the calendar. For years, “Interstellar” was by far the biggest request on their social channels. “We saw this coming from the beginning,” IMAX CEO Rich Gelfond said. “It reminded us in a small way of the frenzy around ‘Oppenheimer.’ But the result is far beyond our expectations.” “Interstellar” is now the ninth highest-grossing IMAX release of all time and is closing in on eight (currently occupied by “The Last Jedi.”) The company is currently exploring options for re-releases in different territories. What should Hollywood learn from the weekend? The “Oppenheimer” effect was real in redeeming film’s value for the business. IMAX screens accounted for some 20% of the nearly $1 billion this year’s Oscar best picture winner made globally (it ranks at No. 5 for IMAX). While filmmakers have long cherished film stock, “Oppenheimer” had studios, distributors and theatres taking note of the demand. Earlier this year the film showings of “Dune: Part Two” were sold out for four weeks. And there’s more to come: Ryan Coogler’s new film “Sinners,” opening in March 2025, was shot with IMAX cameras. The “Interstellar” release was fairly “low key” when it came to promotion, but it also didn’t need much — fans made sure of that. Before IMAX had even announced that tickets were on sale, some noticed that AMC had made them available. News spread on socials and overnight every 70mm IMAX showing at the Lincoln Square location in New York had sold out. It wasn’t just the “primetime” slots either: The 1 AM showtimes were at capacity too. After the weekend’s turnout surpassed expectations, they added more 70mm IMAX screenings through the week which also filled up quickly. While Nolan is in some ways an anomaly, as the rare filmmaker whose name alone can draw crowds for original fare, there are lessons to be learned from the weekend. “It just shows our industry once again that audiences truly understand the difference between a communal, big screen theatrical experience that they crave even on films that they’ve had the opportunities to see in the home,” Nolan said. “That theatrical experience that we all know and love is so powerful and so exciting. It’s a very clear demonstration of it, especially coming amidst all the great successes right now, “Wicked,””Gladiator II,””Moana 2.” “Audiences are coming out in droves for that experience that we all love so much.” Dreaming big for the future and appreciating the past Before the weekend, Nolan was able to see the film again on the big screen for the first time since the original release, accompanied by his Oscar-winning “Oppenheimer” cinematographer Hoyte van Hoytema. “Interstellar” was their first collaboration and Hoytema’s introduction to IMAX cameras (where he proved that they could be handheld if you tried hard enough). “It was really, really fun,” Nolan said. He also approved the new 4K UHD “Interstellar” set that’s now available. Since “Oppenheimer’s” big night at the Oscars and Nolan’s best director win, there’s been much speculation about his next film with near daily rumors circulating about casting and genre, none of which have been officially confirmed. It’s not something he’s speaking publicly about yet. One thing he will say, however, is that he’s in the throes of intensive testing for a new film technology with IMAX to use in the next production. “They have an incredible engineering staff, really brilliant minds doing extraordinary work,” he said. “It’s wonderful to see innovation in the celluloid film arena still happening and happening at the highest level possible.” And he’s still making time to go to the movies Over the weekend, Nolan went to see “Wicked” at a theatre in Burbank where he also peeked into one of the IMAX presentations of his film. “It was pretty magical to see a full house on that film,” he said. “It was a very special thing to see, 10 years later.”
BISMARCK, N.D. (AP) — North Dakota regulators approved permits Thursday for underground storage of carbon dioxide delivered through a massive pipeline proposed for the Midwest, marking another victory for a project that has drawn fierce opposition from landowners. The governor-led Industrial Commission voted unanimously to approve permits for Summit Carbon Solutions’ three proposed storage sites in central North Dakota. Summit says construction of the project would begin in 2026 with operations beginning in 2027, but it’s expected that resistant landowners will file lawsuits seeking to block the storage plans. “With these permits, we’re one step closer to providing vital infrastructure that benefits farmers, ethanol producers, and communities across the Midwest," Summit Executive VP Wade Boeshans said in a statement. Summit’s proposed 2,500-mile (4,023-kilometer), $8 billion pipeline would transport planet-warming CO2 emissions from 57 ethanol plants in North Dakota, South Dakota, Iowa, Minnesota and Nebraska for underground storage. Carbon dioxide would move through the pipeline in a pressurized form to be injected deep underground into a rock formation. The company has permits for its route in North Dakota and Iowa but can’t yet begin construction. Also on Thursday, Minnesota regulators approved a permit for a 28-mile (45-kilometer) leg of the project in western Minnesota. Summit also recently applied in South Dakota, where regulators denied the company’s previous application last year. Last month, the company gained approval for its North Dakota route , and Iowa regulators also have given conditional approval. Summit faces several lawsuits related to the project, including a North Dakota Supreme Court appeal over a property rights law related to the underground storage plan. Further court challenges are likely. North Dakota Republican Gov. Doug Burgum, who chairs the Industrial Commission, is President-elect Donald Trump's choice for Interior Secretary and to lead a new National Energy Council. Burgum has frequently touted North Dakota's underground carbon dioxide storage as a “geologic jackpot.” In 2021, he set a goal for the No. 3 oil-producing state to be carbon-neutral by 2030. His term ends Saturday. Summit's storage facilities would hold an estimated maximum of 352 million metric tons of CO2 over 20 years. The pipeline would carry up to 18 million metric tons of CO2 per year to be injected about 1 mile (1.6 kilometers) underground, according to an application fact sheet. Jessie Stolark, who leads a group that supports the project and includes Summit, said the oil industry has long used similar technology. “We know that this can be done safely in a manner that is protective of human health and underground sources of drinking water,” said Stolark, executive director of the Carbon Capture Coalition. Summit's project has drawn the ire of landowners around the region. They oppose the potential taking of their property for the pipeline and fear a pipeline rupture releasing a cloud of heavy, hazardous gas over the land. A North Dakota landowners group is challenging a property rights law related to the underground storage, and attorney Derrick Braaten said they likely would challenge the granting of permits. “The landowners that I'm working with aren't necessarily opposed to carbon sequestration itself,” Braaten said. “They're opposed to the idea that a private company can come in and use their property without having to negotiate with them or pay them just compensation for taking their private property and using it.” Carbon capture projects such as Summit's are eligible for lucrative federal tax credits intended to encourage cleaner-burning ethanol and potentially result in corn-based ethanol being refined into jet fuel. Some opponents argue the amount of greenhouse gases sequestered through the process would make little difference and could lead farmers to grow more corn despite environmental concerns about the crop. In Minnesota, regulators granted a route permit that would connect an ethanol plant in Fergus Falls to Summit’s broader network. They attached several conditions, including requirements that Summit first begin construction in North Dakota. An administrative law judge who conducted hearings concluded in November that the environmental impacts from the Minnesota segment would be minimal and noted that Summit has secured agreements from landowners along most of the recommended route. Environmental groups that oppose the project disputed the judge’s finding that the project would have a net benefit for the environment. Iowa regulators required Summit to obtain approvals for routes in the Dakotas and underground storage in North Dakota before it can begin construction in Iowa. The Iowa Utilities Commission's approval sparked lawsuits related to the project. In Nebraska, where there is no state regulatory process for CO2 pipelines, Summit is working with individual counties to advance its project. At least one county has denied a permit. Karnowski reported from Minneapolis.NEW YORK (AP) — The New York Mets wanted Juan Soto to know his future with them could be set in stone. When the free agent outfielder traveled to owner Steve Cohen's house in Beverly Hills, California, for a presentation last month, the team unveiled a video that included an image of a future Soto statue outside Citi Field, next to the one erected of franchise great Tom Seaver . “Everything that they showed me, what they have, what they want to do, it was incredible,” Soto said. “But my favorite part was the video.” Soto was introduced at Citi Field on Thursday, a day after his record $765 million, 15-year contract was finalized. Speaking in the Piazza 31 Club, he was flanked by Mets owner Steve Cohen, president of baseball operations David Stearns and agent Scott Boras. Security men in gray suits wearing earpieces were off to the side. The slugger walked in led by Boras, wearing a dark suit, black turtle neck shirt and gold chain with his No. 22. Soto picked the Mets over the New York Yankees, Los Angeles Dodgers, Boston Red Sox and Toronto Blue Jays. His deal includes a luxury suite and four premium tickets for home games , all for free, and personal team security for the four-time All-Star and his family at the team’s expense for all spring training and regular-season home and road games. “My family is really important for me. Without them, I probably wouldn't have been here,” Soto said. “It's one of the biggest things.” Boras had asked for those sweeteners. “We included it at the beginning," Cohen said. “He made a request and we were happy to provide.” The crosstown Yankees, who reached the World Series for the first time since 2009 in part because of Soto, refused to consider the concept. “Some high-end players that make a lot of money for us, if they want suites, they buy them,” general manager Brian Cashman said. Cohen purchased the Mets ahead of the 2021 season and has boosted them to baseball's highest payroll in search of the team's first title since 1986 — when the World Series MVP, like Soto, wore No. 22 — Ray Knight. The owner thanked his son, Josh, for helping create the video and commended his 93-year-old father-in-law Ralph for attending the first get-together with Soto. While other teams met Soto at the Pendry Newport Beach, a hotel just a five-minute drive from Boras Corp.'s office, Cohen asked to host the session at one of his homes. “If we’re going to some restaurant, I didn’t know what the atmosphere would be,” Cohen said. “Food's better at my house.” Cohen and Soto met again Friday at another of the owner's homes in Boca Raton, Florida. Soto wanted to know how many championships Cohen expects over the next decade? “I said I’d like to win two to four,” the owner recalled. The value of Soto's contract eclipsed Shohei Ohtani’s $700 million, 10-year deal with the Los Angeles Dodgers last December. Its length topped Fernando Tatis Jr.’s $340 million, 14-year agreement with San Diego that runs through 2034. The 26-year-old Soto batted .288 with 41 homers, 109 RBIs and 129 walks this year and has a .285 career average with 201 homers, 592 RBIs and 769 walks over seven seasons with Washington, San Diego and the Yankees. Boras wouldn't discuss who finished second in the bidding in Soto's mind. “When you’re at a wedding, you don’t talk about the bridesmaids," he said. Soto made the decision Sunday while at home with his family. Boras referred to the group as the “Soto Supreme Court" defined as “mother, sister, father — he’s got a wide group. I think he may have eight or nine uncles.” “My information requests and such were rather unique,” Boras said, detailing that his team asked for OPS by ballpark. Soto's 1.175 at Citi Field is his highest at any stadium where he's played 15 or more games. Soto cited Cohen's relationship with Mets stars Francisco Lindor and Edwin Díaz as a factor in his mind. “They are kind of like (a tight) family, a family that wants to win but they definitely want to take care of their players and their families,” Soto said. Cohen had his wife Alex and father-in-law attend the initial meeting to emphasize kinship. “My father-in-law is at every game, every home game,” Cohen said. “I wanted him to see how important baseball is to this family. And Alex grew up with one TV in an apartment and that Met game was on every night.” Cohen relishes owning the Mets. He spoke earlier in the day to a town hall at his hedge fund. “Whenever you meet somebody, they want to talk about the Mets before they talk about financial markets,” he said. Soto's success will be determined by World Series titles. The Yankees have 27, the Mets two. “It's such a big city, right? There's plenty of room for both of us,” Cohen said. Soto had a more direct definition. "Championships is going to tell you if it's a Yankees or Mets town at the end of the day," he said. AP MLB: https://apnews.com/mlb
( MENAFN - Jordan Times) LONDON - As the Western world emerges from a holiday season made less festive by COVID-19, millions of children in Afghanistan are starting 2022 facing the prospect of famine, illness and a lost education. Seldom has a human tragedy been so extensively foretold. But the same governments now rushing to apply humanitarian bandages to Afghanistan's open wounds are steadfastly refusing to switch on the economic life-support systems needed to avert catastrophe. Even before the Taliban returned to power last August, Afghanistan topped the global roster of humanitarian emergencies. Successive droughts and escalating conflict had left one-third of the country's population facing acute food insecurity. Aid agencies warned that they were in a race against time as winter approached. Now, the United Kingdom's Disasters Emergency Committee believes that the race is close to being lost. The numbers are harrowing. Some 23 million people in a country of 39 million are in a state of humanitarian emergency. The United Nations Children's Fund (UNICEF) estimates that over one million Afghan children are at risk of dying from malnutrition and hunger-related disease. Human development is in freefall as the gains of the last two decades unravel. The donor-financed Sehatmandi health program, which provides vital child and maternal health services across 31 of Afghanistan's 34 provinces, is under immense pressure, putting fragile gains in child survival at risk. An education system that had served nine million children, including 3.6 million girls, and provided employment opportunities to female teachers now is crumbling. Some of the blame for Afghanistan's unfolding crisis rests squarely with the new Taliban government. Policymaking is mired in abject confusion, and factional disagreements have stymied the humanitarian response. The decision to prohibit girls from attending secondary school, which the Taliban now denies is official policy, undermines the national self-interest, and mixed messages on women's employment have compounded poverty. But government incompetence is only part of the story. When the Taliban took power, the foreign aid that financed three-quarters of all government spending was stopped overnight, leaving millions of teachers, health workers, water and sanitation engineers and public officials unpaid. The entirely predictable collapse of social infrastructure has fuelled the humanitarian catastrophe. In the name of denying the Taliban recognition, Afghanistan has been subjected to an economic blockade. The US has frozen $9 billion of Afghanistan's foreign-currency reserves and invoked sanctions legislation to prevent banks from transferring funds to the country. Citing“guidance from the international community” (which means strictures from the United States and Europe) the International Monetary Fund suspended a planned emergency loan and withheld access to a new issue of special drawing rights, the Fund's reserve asset. Support through the World Bank-administered Afghanistan Reconstruction Trust Fund (IMF), which had been the largest funding source for the government budget, hasall but dried up. The consequences have been entirely predictable. According to the IMF, the Afghan economy is set to contract by around a third. The banking system has all but collapsed, leaving businesses without capital and farmers without markets. Liquidity has been sucked out of the economy, destroying livelihoods. Inflation is rampant, while currency devaluation has left the country unable to finance imports of medicine, machinery, and food. Over half the population already was living on less than $1.90 a day, the international poverty line, before the Taliban takeover. That figure now could surge to a world-beating 97 per cent. The UN has responded to the crisis by issuing a“flash appeal” for humanitarian aid. Donors have now pledged over $1 billion. But even if the money arrives, it only will be a band-aid on a bullet wound. Without economic recovery and restored public services, Afghanistan will become trapped in a downward spiral of hunger, poverty, and human-development reversals. Beyond a desire to punish the Taliban, the motives behind the economic blockade are unclear. Western governments have insisted on a representative government that guarantees a broad spectrum of human rights, many of which were not upheld by previous Afghan governments. Meanwhile, sanctions designed to counter an insurgency are now being applied to a country in crisis. There is no sign that the Taliban is responding to pressure. As the situation has worsened, Western governments have dragged their feet. The UN Security Council has adopted a resolution allowing organisations a bit more space to deliver humanitarian aid without violating sanctions. But the sheer scale of the crisis demands a surge in development financing. As China has argued, the IMF and the World Bank should be instructed to resume operations, with a focus on the provision of safety nets, health financing, and payment of teachers. The idea that fragmented humanitarian projects can bypass the state is a fiction that will cost lives. Demonstrating solidarity with Afghan people, especially the women, girls, and minorities whose basic freedoms are under threat, is a human-rights imperative. Yet, withholding aid and enforcing an economic blockade that is pushing the country into famine, creating near universal poverty and destroying hard-won development gains in education, is as morally indefensible as it is politically short-sighted. Western governments urgently need a plan for supporting recovery that goes beyond humanitarian aid. The US should unfreeze Afghanistan's foreign-currency reserves. Sanctions regimes should be amended to facilitate non-humanitarian aid, the recovery of the country's banking system, and the operations of Afghanistan's central bank. None of this implies full normalisation of diplomatic relations. But it does require recognising the simple fact that no credible alternative to the Taliban exists. Whatever their theocratic instincts, pragmatists know that aid is vital to social and economic recovery. That constitutes a basis for dialogue. Instead of issuing unenforceable edicts, Western governments should set clear conditions for long-term support, starting with the protection of women's rights, recognition of the rights of girls to education at all levels, and the reopening of secondary schools. Inevitably, some will argue that restoring aid to Afghanistan will give succor to a brutal regime that is constitutionally hostile to Western values. Perhaps it will. But how would those values be defended if, in a bid to punish the Taliban, Western governments allowed people to starve, public-health systems to collapse, and Afghan children, including millions of girls, to be robbed of the hope that comes with education? After two decades of war in Afghanistan, the international community must now unite to win a fragile peace. That means ending an economic blockade that is violating vulnerable Afghans' human rights no less than the edicts of armed religious zealots are. Kevin Watkins, a former CEO of Save the Children UK, is a visiting professor at the Firoz Lalji Institute for Africa at the London School of Economics. Copyright: Project Syndicate, 2022. MENAFN02122024000028011005ID1108949053 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.Simon Harris says sorry to Cork carer for ‘not giving her the time she deserved’In a significant development in Maharashtra's political landscape, candidates who switched parties before the recent assembly elections faced notable defeats across the state, suggesting public disapproval of political opportunism. Former state minister Harshvardhan Patil experienced a decisive loss in Indapur. Running under Sharad Pawar's NCP (SP) banner, Patil was defeated by sitting Congress MLA Dattatray Bharne, who had the backing of Ajit Pawar-led NCP. Bharne secured 1,17,236 votes against Patil's 97,826 votes. Similarly, in Kagal and Tasgaon, other political figures who shifted allegiances also met with losses. Samarjeet Ghatge, previously of the BJP, lost to NCP minister Hasan Mushrif, and former BJP MP Sanjaykaka Patil, now with NCP, was defeated by Rohit Patil in Tasgaon, as voters largely favored continuity and party loyalty. (With inputs from agencies.)
AP Business SummaryBrief at 2:10 p.m. ESTCharles Schwab Investment Management Inc. boosted its stake in shares of Wheaton Precious Metals Corp. ( NYSE:WPM – Free Report ) by 4.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 955,540 shares of the company’s stock after buying an additional 36,970 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Wheaton Precious Metals were worth $58,422,000 at the end of the most recent quarter. A number of other institutional investors also recently bought and sold shares of WPM. Janus Henderson Group PLC raised its stake in shares of Wheaton Precious Metals by 5.8% in the first quarter. Janus Henderson Group PLC now owns 91,036 shares of the company’s stock valued at $4,292,000 after acquiring an additional 5,009 shares during the period. Cetera Investment Advisers raised its position in Wheaton Precious Metals by 80.1% in the 1st quarter. Cetera Investment Advisers now owns 37,250 shares of the company’s stock worth $1,756,000 after purchasing an additional 16,570 shares during the period. Cetera Advisors LLC bought a new stake in Wheaton Precious Metals in the first quarter worth about $400,000. Confluence Investment Management LLC boosted its position in shares of Wheaton Precious Metals by 2.6% during the second quarter. Confluence Investment Management LLC now owns 11,574 shares of the company’s stock valued at $607,000 after buying an additional 292 shares during the period. Finally, First Hawaiian Bank bought a new position in shares of Wheaton Precious Metals during the second quarter valued at approximately $229,000. 70.34% of the stock is currently owned by institutional investors. Analysts Set New Price Targets A number of equities research analysts recently issued reports on the company. UBS Group started coverage on Wheaton Precious Metals in a research note on Monday, November 18th. They set a “buy” rating and a $78.00 price target for the company. Jefferies Financial Group boosted their target price on shares of Wheaton Precious Metals from $67.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, October 4th. Raymond James raised their price target on shares of Wheaton Precious Metals from $74.00 to $75.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. TD Securities boosted their price objective on shares of Wheaton Precious Metals from $74.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Finally, Stifel Canada lowered shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 21st. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.67. Wheaton Precious Metals Stock Performance NYSE WPM opened at $62.33 on Friday. The company has a market cap of $28.28 billion, a PE ratio of 46.51, a P/E/G ratio of 1.73 and a beta of 0.77. The firm’s 50 day moving average price is $62.99 and its 200-day moving average price is $59.32. Wheaton Precious Metals Corp. has a 52-week low of $38.57 and a 52-week high of $68.64. Wheaton Precious Metals ( NYSE:WPM – Get Free Report ) last announced its earnings results on Friday, November 8th. The company reported $0.34 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.34. The business had revenue of $308.25 million for the quarter, compared to analysts’ expectations of $324.57 million. Wheaton Precious Metals had a return on equity of 8.85% and a net margin of 50.05%. During the same quarter last year, the firm earned $0.27 EPS. On average, analysts forecast that Wheaton Precious Metals Corp. will post 1.44 earnings per share for the current fiscal year. Wheaton Precious Metals Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 21st will be issued a $0.155 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.62 dividend on an annualized basis and a yield of 0.99%. Wheaton Precious Metals’s dividend payout ratio is presently 46.27%. Wheaton Precious Metals Company Profile ( Free Report ) Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. See Also Want to see what other hedge funds are holding WPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wheaton Precious Metals Corp. ( NYSE:WPM – Free Report ). Receive News & Ratings for Wheaton Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wheaton Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter .Thailand midfielder Worachit Kanitsribumphen believes that the War Elephants will have no problems taking on the Philippines on the artificial grass surface at Manila's Rizal Memorial Stadium. Thailand, who topped the Group A standings after four straight victories, are scheduled to face the Philippines in the away leg of the AFF Mitsubishi Electric Asean Cup semi-final on Friday. The Philippines reached the last four stage of the regional championship after finishing runners-up in Group B. Worachit said: "I am not saying that we won't have any problems playing on the artificial pitch, but I think we will adjust to it if we train well. I don't think it will be a cause for any major concern for us. "The Philippines have a number of foreign-based stars and their players have good potential. We need to avoid making any mistakes against them. If we can do that, I am sure we will win the away leg of the semi-final. "It is in fact good that we are playing the first game away. We can count on home support in the second leg and accomplish whatever is needed to be done. "Even if we end up with a draw on the artificial pitch, we will still have the home ground advantage in the second leg to make amends." The match will kick off at 8pm (Thai time) on Friday and will be televised live by Thai Rath TV (32), AIS Play, True Sport 2 (667) and the BG Sports channel on YouTube. Meanwhile, Thai League 1 defending champions Buriram United extended their lead to six points following a 1-0 victory over Muang Thong United on Sunday night. Guilherme Bissoli netted the winner in the 68th minute after the Kirins were reduced to ten men on 55 minutes when Theerapat Laohabut was handed his second yellow card of the night.
Arizona State and Iowa State have never met on the football field. That changes Saturday in Here are three burning questions facing Iowa State after the Cyclones’ 29-21 win against Kansas State: Arizona State’s path to the Big 12 Championship gives hints of a Disney movie. Media picked Arizona State last in the Big 12 Preseason poll, but the Sun Devils, led by 34-year-old coach Kenny Dillingham, didn’t listen to what everyone had to say. ASU lost its first Big 12 game 30-22 to Texas Tech and dropped another road game in Cincinnati in October. Since their bye week after their second loss, ASU is 5-0 and picked up back-to-back ranked wins against BYU and Kansas State. ASU’s success isn’t a fairytale. The Sun Devils are for real. Senior running back Cam Skattebo is 5-foot-11, 215 pounds, and perhaps the hardest-runner in college football. Skattebo ranks third in the Big 12 with 127.1 rushing yards per game. The Cyclones rank No. 14 in the Big 12 allowing 173.7 rushing yards per game. On paper, that matchup favors Skattebo and the Sun Devils. Freshman quarterback Sam Leavitt has played some of his best football the past three weeks. He isn’t much of a rushing threat but has completed more than 60% of his passes in six straight games and completed 77% in ASU’s 49-7 rout of Arizona last week. One player to monitor is ASU receiver Jordyn Tyson, who is third in the Big 12 with 98.1 receiving yards per game. Tyson exited the Arizona game in the third quarter after being tackled on a six-yard pickup. Tyson went to the locker room with his arm in a sling. The Big 12 Conference Champion could earn a first-round bye in the 12-team College Football Playoff. Another possibility for the winner is a ticket to a brutal road environment for a first-round CFP game at a place like Ohio State, Penn State or Georgia If the Big 12 champion is one of the four highest-ranked conference champions, it will earn the bye. If not, it will play in the opening round. Right now, the . Iowa State ranks 16. Tuesday’s College Football Rankings show will tell a lot about if the Big 12 champion can catch the Broncos. Boise State hosts the conference championship against No. 19 UNLV at 7 p.m. Saturday. Saturday, the Cyclones reached 10 regular-season wins for the first time in school history. A win in the Big 12 Championship sends ISU to its first College Football Playoff. Iowa State got off to its first 7-0 start since 1938. Matt Campbell became Iowa State’s winningest head coach with a win at Houston. Glorious moments like Kyle Konrardy making a 54-yard field goal to beat Iowa and home fans storming the field after Saturday’s Farmageddon will be remembered forever. Ben Hutchens is an Iowa State University beat writer for the Lee Enterprises network. or send him an email at . Get local news delivered to your inbox!