Greif Reports Fourth Quarter and Fiscal 2024 ResultsMTVA stock touches 52-week low at $2.04 amid market challenges
Airbnb, Inc. ( NASDAQ:ABNB – Get Free Report ) Director Joseph Gebbia sold 214,285 shares of Airbnb stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $131.08, for a total transaction of $28,088,477.80. Following the sale, the director now directly owns 10,321 shares of the company’s stock, valued at $1,352,876.68. This represents a 95.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink . Joseph Gebbia also recently made the following trade(s): Airbnb Trading Up 3.1 % Airbnb stock opened at $137.34 on Friday. Airbnb, Inc. has a 52 week low of $110.38 and a 52 week high of $170.10. The stock has a 50-day moving average price of $132.73 and a 200 day moving average price of $135.86. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $87.07 billion, a price-to-earnings ratio of 48.19, a price-to-earnings-growth ratio of 1.86 and a beta of 1.15. Institutional Investors Weigh In On Airbnb Several hedge funds and other institutional investors have recently added to or reduced their stakes in ABNB. Farrow Financial Inc. lifted its holdings in shares of Airbnb by 1.0% in the 2nd quarter. Farrow Financial Inc. now owns 7,171 shares of the company’s stock valued at $1,087,000 after buying an additional 69 shares during the period. GYL Financial Synergies LLC lifted its holdings in Airbnb by 5.0% in the second quarter. GYL Financial Synergies LLC now owns 1,592 shares of the company’s stock valued at $241,000 after acquiring an additional 76 shares during the period. HB Wealth Management LLC boosted its position in Airbnb by 1.6% in the 2nd quarter. HB Wealth Management LLC now owns 4,938 shares of the company’s stock worth $749,000 after purchasing an additional 76 shares in the last quarter. Optas LLC grew its stake in shares of Airbnb by 4.5% during the 2nd quarter. Optas LLC now owns 1,829 shares of the company’s stock worth $277,000 after purchasing an additional 78 shares during the period. Finally, Sage Mountain Advisors LLC increased its holdings in shares of Airbnb by 1.1% during the 2nd quarter. Sage Mountain Advisors LLC now owns 7,341 shares of the company’s stock valued at $1,113,000 after purchasing an additional 79 shares in the last quarter. 80.76% of the stock is owned by institutional investors and hedge funds. Analysts Set New Price Targets Several brokerages have recently commented on ABNB. Phillip Securities restated a “reduce” rating and set a $120.00 price target on shares of Airbnb in a research note on Tuesday, November 12th. Piper Sandler raised their target price on shares of Airbnb from $125.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. UBS Group boosted their price target on shares of Airbnb from $134.00 to $144.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Airbnb from $143.00 to $90.00 and set a “hold” rating on the stock in a research note on Wednesday, August 7th. Finally, Bank of America reissued a “hold” rating and issued a $142.00 price objective (up previously from $132.00) on shares of Airbnb in a research note on Friday, October 11th. Six analysts have rated the stock with a sell rating, eighteen have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Airbnb currently has a consensus rating of “Hold” and an average target price of $138.97. View Our Latest Report on ABNB About Airbnb ( Get Free Report ) Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes. Featured Stories Receive News & Ratings for Airbnb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airbnb and related companies with MarketBeat.com's FREE daily email newsletter .Opinion editor’s note: Strib Voices publishes a mix of commentary online and in print each day. To contribute, click here . ••• The long lines on election days across countries and continents suggest dynamic democracies. But despite the calendar aligning for a record-setting number of people worldwide eligible to vote this year, democracy itself is actually imperiled. That’s the clear conclusion from Freedom House, which said in its annual “ Freedom in the World ” report that “flawed elections and armed conflicts contributed to the 18th year of democratic decline.” The “breadth and depth of the deterioration was extensive,” the think tank reported, adding that “political rights and civil liberties were diminished in 52 countries, while only 21 countries saw improvements.” That analysis was amplified in a similarly grim report from the Economist Intelligence Unit, which starkly stated that “conflict and polarization drive a new low for global democracy.” This dire data corresponds with, and may have been caused by, a commensurate retreat in media freedom, as evidenced by Reporters Without Borders’ annual World Press Freedom Index , which warned that “press freedom around the world is being threatened by the very people who should be its guarantors — political authorities.” Indeed, if democracy were a stock, “it would have suffered something of a price correction over the last 20 years,” said Richard Haass , the president emeritus of the Council on Foreign Relations. Haass, a veteran envoy who served Republican and Democratic administrations, was speaking via video on Tuesday night at a Minnesota Peace Initiative forum called “The World Votes: Global Democracy at a Crossroads.” The event, held in Minneapolis at Norway House (fitting, considering Norway held the top spot in the World Press Freedom Index and along with fellow Scandinavian nations is ranked as the world’s most free by Freedom House), drew a capacity crowd with many more online to hear from Haass, me and three other panelists: Chad Vickery , vice president of global strategy and technical leadership at the International Foundation for Electoral Systems; Aram Gavoor , a former Justice Department official and current professor at the George Washington University Law School; and Thomas Hanson , diplomat-in-residence at the University of Minnesota Duluth. Haass cited several factors for his clear-eyed diagnosis of democracy, including technological transformations that have ushered in an unsettled media landscape. “We live in one of the odd moments in history where there’s never been greater access to information and never been greater access to disinformation,” Haass said, adding that citizens don’t know if information is “accurate, fully accurate, partially accurate or essentially inaccurate.” That’s to autocrats’ advantage, asserted Gavoor, who said that this country’s competitors “have sought to exploit the U.S. democratic system for quite some time.” The “age of technology, especially with social media,” he said, has “taken on a dramatically different dimension.” Mentioned as additional direct democratic threats were distributed denial-of-service attacks and “strategic foreign mis- and disinformation campaigns that oftentimes are quite opportunistic and play on various doubts in the minds of Americans.” Gavoor gave this good news, however: “The federal government has actually gotten quite adept and capable with regard to identifying foreign mis- and disinformation to the extent that there are significant bodies that exist to combat these things,” like the National Security Council and the Office of the Director of National Intelligence. But the threat to democracy from domestic disinformation is an even greater challenge, Gavoor said. And, he added, wherever the disinformation originates, the objective is similar. “Keep in mind that the end goal is not just to disrupt an American election or to cause a particular candidate to be advantaged or not. The end goal is to undermine the entire system of American governance and the faith in American democracy and perhaps greater softening of the resolve to maintain a democracy.” Disinformation is just one component corroding democratic norms within some countries, said Vickery. “We’ve learned how autocracy works: First, you have to win an election by popular vote, usually running against the elites in your country.” Next, he said, “you change the election laws, you game the system to make sure you can win again and not be challenged again.” “But then the third thing is you need to harass civil society in many places” — places like Norway House, he said. “After that, you need to pack the courts with judges who are going to support you, and then you want to enrich your cronies with corruption and then you buy up newspapers and television and make this propaganda machine.” If the democracy-tending attendees at Norway House were any indication, that’s not about to happen here. Indeed, the citizen engagement on display was considered a model by moderator Janet Dolan, who co-created the Minnesota Peace Initiative with her husband, William Moore. The other panelists concurred on Dolan’s admiration, and that along with a free press, such civic involvement should be inviolate in this country and the others it tries to inspire toward a democratic form of government. But the beacon that former Foreign Service officers like Hanson projected and protected on behalf of this country may not shine as bright in recent years. “I think many people in the world perceive that the American model of democracy is less compelling than it was, and that makes our work globally much more challenging,” said Hanson, who added, “and we’re beginning to see other narratives of contestation on democracy and on elections.” Hanson, who will hold his highly anticipated and attended Global Minnesota “ 2025 U.S. Foreign Policy Update ” on Jan. 23, began by saying he was “struck by the dichotomy between an agreed ‘recession of democracy’ and an unprecedented number of elections” this year. “I think that shows how elections nowadays are being used to legitimize variants of democracy.” Many “managed democracies around the world hold elections if they predetermine who can participate. This is the case in Russia. This is the case in Pakistan.” And, he added, “I hate to say it, but at the local level in our own country our two parties go to great lengths to prevent any third-party candidate from participating, which is a minor example of what I’m describing.” According to Vickery, those democracies, however managed or free and fair, have had results that can be categorized as “change-of-status elections” like in the U.S., U.K., South Africa, North Macedonia, Botswana, Senegal and others. Next are elections “solidifying power,” such as in Indonesia and Mexico. And more hopefully, there are examples of “bounce-back” democracies that through elections or civic action have gone “in the right direction,” including Sri Lanka and Bangladesh. While not as many will queue to choose their leaders next year, Vickery noted that there will be 102 elections in 68 nations affecting 1.2 billion citizens worldwide. So for many, 2025 will truly be an election year, even if globally it isn’t quite a year of elections like 2024. But democracy “is about more than voting,” said Haass. “We the citizens, we the people, have the obligation, and I would argue the self-interest, to exercise our democratic rights, to stay informed, to stay involved, and to make sure that those who are entrusted with outsized political power comport themselves and act consistent with the law, and act consistent with the norms that make our democracy what it is.” What it is can be credited in no small part to the kind of civil, civic engagement from groups like the Minnesota Peace Initiative and the involved, inspiring citizens attending Tuesday’s event.
Security cameras captured video of a University of Mississippi student leaving his campus apartment twice on the morning he was last seen alive, University Police Department Capt. Jane Mahan testified Wednesday in the trial of the man accused of killing the student. Read this article for free: Already have an account? To continue reading, please subscribe: * Security cameras captured video of a University of Mississippi student leaving his campus apartment twice on the morning he was last seen alive, University Police Department Capt. Jane Mahan testified Wednesday in the trial of the man accused of killing the student. Read unlimited articles for free today: Already have an account? Security cameras captured video of a University of Mississippi student leaving his campus apartment twice on the morning he was last seen alive, University Police Department Capt. Jane Mahan testified Wednesday in the trial of the man accused of killing the student. Jimmy “Jay” Lee, 20, was a gay man well known in the LGBTQ+ community at Ole Miss and in Oxford, where the university is located. He vanished July 8, 2022. Sheldon “Timothy” Herrington Jr., 24, of Grenada, Mississippi, is charged with capital murder in Lee’s death, and his trial began Tuesday in Oxford. Herrington has maintained his innocence. Police said cellphone history showed conversations between Herrington and Lee on the morning Lee disappeared. Jurors on Wednesday were shown video clips of Lee leaving his own apartment shortly after 4 a.m., wearing a robe and slippers. The clips showed him returning about 40 minutes later and leaving again just before 6 a.m. When he left the last time, he was looking at his cellphone. A friend of Lee, Khalid Fears, testified Tuesday that he had a video chat with Lee while Lee left the apartment around 6 a.m. that day. Lee said he was going back to see a man he had seen hours earlier, Fears testified. Mahan testified Wednesday about the timeline of the video clips showing Lee at the campus apartment. She said campus police started searching for Lee after his mother, Stephanie Lee, called later that day to request a welfare check on her son after he didn’t respond to multiple messages. Jay Lee’s apartment had an electronic key card, and Mahan testified that police contacted the campus housing department to put an alert on his card, which would automatically send police an email if the card were used. An assistant district attorney, Gwen Agho, asked Mahan if Lee ever returned to his apartment after he was recorded leaving that morning. “Not that I’ve ever been notified of, no,” Mahan said. Lee and Herrington saw each other twice during the hours before Lee disappeared, Agho said during opening arguments Tuesday. She said the men had sexual contact during their first meeting, and Lee was upset when he left Herrington’s apartment. Herrington invited Lee back — and before Lee arrived, Herrington searched online for how long it takes to strangle someone, Agho said. Herrington “was not openly in the LGBTQ community,” she said. A witness, Kizziah Carter, testified Wednesday that he was driving home from work at about 7:30 that morning and saw Herrington jogging along a road in Oxford. Carter said he knew Herrington and honked to greet him, and Carter flagged him down to ask for a ride. The road was near an apartment complex where Lee’s car was found later in the day. Carter said he drove Herrington to Herrington’s apartment in another complex. Surveillance video also recorded Herrington running from where Lee’s car was found, and he was later seen picking up a shovel and wheelbarrow at his parents’ house, authorities said. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Lee’s body has not been found. In October, a judge declared him dead at the request of Lee’s parents. Lee’s active presence on social media fell silent after July 8, 2022, and no transactions have appeared on his credit card since then, prosecutors said. Herrington was arrested two weeks after Lee vanished, then released five months later on a $250,000 bond. A grand jury indicted him in March 2023. Herrington’s attorney, Kevin Horan, told jurors Tuesday that prosecutors have “zero” proof that Lee was killed or that any crime happened. Both Herrington and Lee had graduated from the University of Mississippi. Lee was pursuing a master’s degree. He was known for his creative expression through fashion and makeup and often performed in drag shows in Oxford, according to a support group called Justice for Jay Lee. Prosecutors have announced they do not intend to pursue the death penalty, meaning Herrington could get a life sentence if convicted. Mississippi law defines capital murder as a killing committed along with another felony — in this case, kidnapping. Advertisement AdvertisementElon Musk's net worth hits $334.3 billion, his highest ever
The Securities and Exchange Commission (SEC) is drafting regulations to control the behaviour of major shareholders in the market, aiming to prevent incidents similar to the one involving Dr Boon Vanasin, founder and former chairman of SET-listed Thonburi Healthcare Group (THG), who used his own shares as collateral for debt repayment. According to finance permanent secretary Lavaron Sangsnit, who is also a board member of the SEC, Dr Boon engaged in off-market fundraising by inviting lenders to invest, offering attractive interest rates and claiming the borrowed funds would be invested in various projects. To secure these loans, Dr Boon used shares of Thonburi Hospital, where he was a major shareholder, as collateral. For example, for a loan of 100 baht, he pledged 4 shares of Thonburi Hospital, which were valued at 25 baht per share at the time. As the hospital's share price increased, the number of shares required as collateral decreased proportionally. Mr Lavaron said such practices by major shareholders in the stock market pose risks that could negatively impact minor shareholders. For example, changes in shareholder structure or the appointment of inefficient management could lead to significant harm, particularly to small shareholders. "To protect minor shareholders in the market, the SEC is preparing a draft regulation to control the actions of major shareholders if they intend to use their shares as collateral for loans, as in the case of Dr Boon," he said. "They will be required to notify the Stock Exchange of Thailand [SET], which will allow authorities to monitor whether such actions might affect other shareholders. The measure aims to enhance transparency for investors." On Nov 22, investigators from the Metropolitan Police Division 1 of the Metropolitan Police Bureau sought and obtained an arrest warrant from the Criminal Court for Dr Boon, 86. The warrant included his wife, daughter and seven others, for jointly defrauding the public by inviting investments in medical-related businesses. The total damages are estimated at more than 8 billion baht. Victims reported that Dr Boon and his family offered high-return investments with advance interest payments. However, when the principal and interest came due in 2023, there were payment problems, and many checks issued to investors could not be cashed, leading to widespread complaints to the authorities. Dr Boon has not yet been apprehended, with reports suggesting he has already left the country. According to the SET, Dr Boon is the 11th-largest shareholder in THG, holding 5.8 million shares, equivalent to 0.68% of the company, valued at 90 million baht.Anti-Israel convention in Chicago suburb instructs students how to 'make your campus Palestinian': Report
Dear Eric: We live on a lake and love hosting our great-nieces and nephews on school breaks and the entire family on vacations. My husband and I have no children. Our niece’s families are dear to us. Our 11-year-old great-nephew has been gaming now for about a year. When he comes to visit, instead of reading, playing cards or board games with us, like in the past, he wants to disappear with his video games. We feel vacated. How do we navigate this with his parents who think his being on a video gaming team at school is awesome and I think it is a bad omen? What is a fair place of compromise and balance? – Game Off Dear Game Off: Let his parents parent their child. The other night I re-watched the movie “Network” from 1977 (stay with me here; it relates). In it, a character in his 60s dismisses a character played by a young Faye Dunaway by saying “she’s the television generation. She learned life from Bugs Bunny. The only reality she knows is what comes to her over her TV set.” Every generation has anxieties about the ways that technology is changing social interactions or altering the minds of the generations below. While some of those concerns are valid, those of Faye Dunaway’s generation (now in their 70s and 80s) would argue that they’ve managed to stay quite well-rounded, despite (and often with the aid of) TV. In moderation, video games have been shown to improve a child’s cognitive function and working memory. While your great-nephew’s gaming might not be your choice, it’s important that you not seek to undermine the research and thinking that his parents have done about it. What you’re really yearning for is a sense of togetherness as a family, so try talking to your niece and her spouse about group activities you can plan to meet your great-nephew where he is. And don’t be afraid to pick up a controller and ask him to show you the ropes. Dear Eric: I eat at a local restaurant a couple times a week and tend to get one of three meals. This one waitress asks me what I want to eat, but then interrupts me to make guesses or tell me my choice. I just put my head down and nod yes or no to the guesses. It’s frustrating, but not life-threatening. She enjoys it. I hate it. However, if I were to say something, it would force her to make the choice of being herself, doing something she likes doing, or appeasing me so I can order the way I want to order. I don’t know if this is a big enough problem to have a “high road.” The answer will not change my life. She can easily change, and I can easily suffer. The question is who gets to be themselves? – Speaking Up Dear Speaking Up: I worked in the service industry for more than a decade. I loved it. I loved seeing regulars, meeting new people and carrying a lot of beverages in my hands at one time. The whole bit. I also loved knowing what people wanted, but I would always ask and confirm . That’s part of the job. She may think you’re a regular who likes to be known in this way. So, informing her that that’s not the case won’t be keeping her from being herself. It will be helping her to do her job better. You may not have the kind of temperament that easily or comfortably course-corrects in social situations. That’s just fine. But know you won’t be causing her suffering by saying something like “I’ve already decided on my meal. Let’s skip the guessing today and I’ll just tell you.” This also clears the path for the two of you to talk about something else, if you want. Ideally, it’s a conversation that you’ll both enjoy. Dear Eric: I’m not sure if the letter from “Invisible Dad” about his wife buying trinkets for their adult kids and having more close conversations with them is related to my better half and myself. I think it could be but I can’t be sure so don’t want to ask him. I never really thought about it all the time, but assumed kids knew that gifts were from both of us. If this question does relate to us, and even if it doesn’t, I will be mindful of what I haven’t been mindful of. My heart is melting if he does really care that much about the kids. Thank you for listening. – Daily Reader Dear Reader: Thanks for your thoughtful note and your openness. Please also reconsider talking to your husband about the ways you interact with your kids. It could be really healing and productive. (Send questions to R. Eric Thomas at eric@askingeric.com or P.O. Box 22474, Philadelphia, PA 19110. Follow him on Instagram and sign up for his weekly newsletter at rericthomas.com .) ©2024 Tribune Content Agency, LLC.
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