RECAP: Asian stocks nudged higher yesterday while the dollar was firm, keeping the yen rooted near five-month lows in thin year-end trading. China's plans for massive bond issuance in 2025 also bolstered investor sentiment. The SET index moved in a range of 1,366.71 and 1,410.02 points this week, before closing yesterday at 1,401.46, up 2.7% from the previous week, with daily turnover averaging 30.83 billion baht. Institutional investors were net buyers of 3.1 billion baht, followed by foreign investors at 1.5 billion. Retail investors were net sellers of 3.4 billion baht, followed by brokerage firms at 1.2 billion. NEWSMAKERS: Chinese policymakers plan to sell a record 3 trillion yuan ($411 billion) worth of special treasury bonds in 2025, triple the 2024 figure, in a move aimed at bolstering the slowing economy. Policy support late this year has put the Chinese economy on track to hit a growth target of around 5%, officials said on Thursday. They also announced a 2.7% upward revision in 2023 GDP to 129.4 trillion yuan ($17.7 trillion). The World Bank has raised its forecast for China's economic growth in 2025 to 4.5%, from 4.1% predicted earlier, but warned that subdued household and business confidence, along with headwinds in the property sector, would keep weighing it down. US consumer confidence unexpectedly sank in December for the first time in three months, falling to 104.7, on concerns about the outlook for the economy amid uncertainty about the policies of the incoming Donald Trump administration. US retail sales rose 3.8% between Nov 1 and Dec 24, as last-minute shopping was brisk amid intense holiday season promotions, a Mastercard report showed on Thursday. The jump was well above the 3.1% increase seen in the same period last year. The Bank of Japan could see a net loss of up to 2 trillion yen ($12.7 billion) in fiscal 2027 or 2028 if it raises its short-term policy rate, now 0.25%, to 2%, according to an estimate published by the central bank. India expects the economy to grow at around 6.5% in the fiscal year through March, against 8.2% a year before, after the economy slowed unexpectedly in the July-September quarter. Average housing rents in Chinese cities slid to a four-year low last month due to supply gluts and job market weakness. In 100 major cities in China, rents averaged 2,636 yuan ($361) per 100 square metres, the lowest since 2020, data from the research firm Wind shows. Nippon Steel of Japan says there is public support for its proposal to acquire US Steel in the regions where the steel mills are located. A US foreign investment committee has referred the decision on the $15-billion deal to President Joe Biden, who has until Jan 10 to decide. He and successor Donald Trump have both expressed opposition to the purchase. Honda Motor and Nissan Motor on Monday signed a basic agreement to pursue merger talks, envisioning a new entity being listed by August 2026. Mitsubishi Motors, 24.5% owned by Nissan, also signed the agreement and will likely be part of the group. Toyota Motor said global sales were down 0.2% to 984,348 units in November on lacklustre demand and a pause in production at two plants. Production declined 9.4% year-on-year to 966,921 units. Toyota plans to build an EV factory in Shanghai for its luxury Lexus brand, Nikkei reports, at a time when many foreign automakers are struggling in China. The factory is expected to open in 2027. Alibaba has agreed to merge its South Korean operations with the online platform of Seoul-based E-Mart. Meanwhile, AliExpress International and the Korean platform Gmarket are creating a 50-50 joint venture that will own 100% of Gmarket. The new entity could be valued at $4 billion. Russian companies have begun using Bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said. Turkey's central bank on Thursday lowered interest rates for the first time in almost two years after consumer inflation showed signs of easing. The one-week repo rate was cut to 47.5% from 50%, the first change in eight months. Uber Technologies said it remained committed to Taiwan after the island's antitrust regulator rejected its plan to buy the local Foodpanda business of Delivery Hero for $950 million. China Eastern Airlines will launch the first commercial cross-border service operated by the China-built C919 passenger jet between Shanghai and Hong Kong on Jan 1. The Ministry of Finance needs to propose a new candidate for Bank of Thailand chairman, after the Council of State found Kittiratt Na-Ranong ineligible. The government's legal adviser said he was disqualified because he recently held a political post as an adviser to ex-premier Srettha Thavisin. The Thai banking sector is expected to experience its first loan contraction in 15 years in 2024, driven by higher repayments by borrowers and tighter lending rules, according to Kasikorn Research Center. The Association of Investment Management Companies has placed CP Axtra (CPAXT) shares on a watch list for Thai ESG and Thai CG mutual funds, given concerns over governance following its recent multibillion-baht investment in an affiliate's property venture. The cabinet on Tuesday endorsed an agreement between the central bank and the Ministry of Finance to keep the inflation target in a range of 1% to 3% for 2025. Car production in Thailand fell 28.2% in November to 117,251 units due to weak sales and exports, the Federation of Thai Industries said on Tuesday. The year-on-year drop was the 16th straight month that production had declined. Thailand's manufacturing production index dropped 3.58% in November from a year earlier, the industry ministry said on Friday, missing analysts' forecasts. Thai exports are on track to achieve a historic high of US$300 billion this year, up 5.2% from 2023, the Ministry of Commerce said on Wednesday. Shipments reached $25.6 billion in November, marking the fifth consecutive month of growth with an 8.2% year-on-year gain. The Thai Food Processors Association expects the ready-made food market in 2025 to continue to grow by 5-7%, especially in competitively priced products that can compete globally, but warned of unclear US tax increases and their potential impact on Asean. The Excise Department is studying a tax on salt, initially planning to impose it on snack foods, after success in modifying sugar consumption behaviour through a sugar tax. The cabinet this week approved economic stimulus measures, including a second phase of the 10,000-baht handouts to senior citizens in January, and the Easy e-Receipt 2.0 programme running from Jan 16 to Feb 28. The latter allows consumers to deduct up to 50,000 baht in approved spending from taxable income. The national wage committee approved minimum wage increases to 400 baht a day in Phuket, Chachoengsao, Chon Buri, Rayong and Koh Samui, and to 372 baht in Bangkok and surrounding areas. Other provinces will see a 2% increase from the current range of 330 to 370 baht. The government had pushed for a 400-baht rate nationwide, but the committee said that was unrealistic. The Tourism Authority of Thailand estimates tourism revenue over the year-end holiday period from Dec 28 to Jan 1 at 62 billion baht, with 4.41 million domestic tourist trips and 1.56 million foreign visitors. The Thai General Insurance Association expects total insurance premiums in 2025 to grow between 1.5% and 2.5%, better than this year, supported by increased vehicle registrations, e-commerce logistics growth, the ageing society and tourism recovery. PTT Oil and Retail Business Plc (OR) will allocate 60.4 billion baht for new investments between 2025 and 2029, aiming to maintain its status as a top oil retailer, support non-oil businesses and embark on more investment overseas. COMING UP: On Monday, the US releases monthly pending home sales and China reports manufacturing and composite purchasing managers' index (PMI). On Tuesday, the US reports and the monthly house price index and the American Petroleum Institute reports US crude oil inventories. On Thursday, the US reports manufacturing PMI and price updates. On Friday, Germany releases unemployment data and the US reports the weekly Baker Hughes oil rig count, a leading indicator oil production and demand. STOCKS TO WATCH: Bualuang Securities says tourism-related stocks have strong growth opportunities for 2025. AOT will see increased flight activity, driven by the opening of a new terminal and runway at Suvarnabhumi Airport. CENTEL is a top pick in the hotel sector. Its share price is down 19% this year, reflecting temporary impacts from hotel renovations and startup costs for a new Maldives resort. The company is projected to achieve 11% profit growth in 2025. Among other hotel players, AWC is expected to post 17% profit growth in 2025, driven by a hotel revenue recovery. Earnings for MINT are projected to grow 8%, with potential upside if debt restructuring progresses faster than anticipated. Krungthai XSpring recommends stocks in the services, retail and financial sectors for 2025. CPN and CPALL are well-positioned to capitalise on robust consumer spending and favourable economic conditions. BDMS is recommended in healthcare for strong fundamentals and a resilient performance. Recommended finance plays are KBANK, SCB, TTB and KKP as they are poised for growth, benefiting from rising US bond yields. BLA has strong potential to capitalise on favourable economic and financial trends. Both securities firms emphasise the importance of strong fundamentals and the potential for growth in sectors aligned with global economic recovery and consumer demand in 2025. TECHNICAL VIEW: Trinity Securities sees support at 1,390 points and resistance at 1,455. CGS International Securities (Thailand) sees support at 1,385 points and resistance at 1,420.
Manchin, Sinema prevent Democrats from locking in majority on labor board through 2026Justin Herbert tosses 3 TDs, Chargers clinch a playoff spot with a 40-7 rout of Patriots FOXBOROUGH, Mass. (AP) — Justin Herbert threw three touchdown passes and the Los Angeles Chargers clinched their second playoff appearance in three seasons with a 40-7 victory over the New England Patriots. The win also secured the fourth postseason appearance in Jim Harbaugh’s five seasons as an NFL coach, adding to the three he made during his stint with the San Francisco 49ers. Herbert finished 26 of 38 for 281 yards to become the third player in NFL history with at least 3,000 passing yards and 20 touchdown passes in each of his first five seasons. The Patriots have lost six straight games, their second such losing streak of the season. They are now 2-14 the last two seasons at home. Dallas' Naji Marshall gets 4-game suspension, Phoenix's Jusuf Nurkic is banned 3 games for fight The NBA has suspended Dallas Mavericks forward Naji Marshall for four games and Phoenix Suns center Jusuf Nurkic for three games for their roles in an on-court fight during Friday night’s game. Dallas forward P.J. Washington was suspended for one game. All of the suspensions are without pay. Nurkic was called for an offensive foul while being guarded by Daniel Gafford with 9:02 left in the third quarter before the altercation quickly escalated. Nurkic confronted Marshall before taking an open-handed swing at his head and then Marshall responded with a punch. Washington quickly shoved Nurkic to the ground before the teams were separated. The NBA said Marshall “attempted to further engage Nurkic in a hostile manner in the corridor outside the locker rooms.” Shohei Ohtani to become a father for the 1st time in 2025 LOS ANGELES (AP) — Shohei Ohtani is adding a newcomer to his family lineup. The Los Angeles Dodgers superstar has posted on his Instagram account that he and wife Mamiko Tanaka are expecting a baby in 2025. The photo shows the couple's beloved dog, Decoy, as well as a pink ruffled onesie along with baby shoes and a sonogram that is covered by a baby emoji. Ohtani announced in February that he had married Tanaka, a former professional basketball player from his native Japan. The news from the intensely private player stunned Ohtani's teammates and his fans. Eli Manning and Antonio Gates are among the finalists for the Pro Football Hall of Fame Two-time Super Bowl MVP Eli Manning, former Defensive Players of the Year Luke Kuechly and Terrell Suggs, and prolific tight end Antonio Gates are among the finalists for the 2025 Pro Football Hall of Fame class. The Hall on Saturday announced the names of the 15 modern-era finalists who advanced from a group of 25 to the final stage of voting. The selection committee will vote next month to pick the class of between three and five modern-era players that will be announced the week of the Super Bowl. Georgia QB Carson Beck announces plan to enter NFL draft after season-ending elbow injury Georgia quarterback Carson Beck has announced his plans to enter the NFL draft, five days after having season-ending elbow surgery. The fifth-year senior made his NFL plans official on social media. Beck suffered a right elbow injury in the first half of the Bulldogs’ 22-19 overtime win over Texas in the Southeastern Conference championship game on Dec. 7. Beck had surgery on Monday to repair his ulnar collateral ligament in the elbow. He is expected to begin throwing next spring. Backup Gunner Stockton will make his first start in the Sugar Bowl against Notre Dame on Wednesday. Victor Wembanyama plays 1-on-1 chess with fans in New York Victor Wembanyama went to a park in New York City and played 1-on-1 with fans on Saturday. He even lost a couple of games. Not in basketball, though. Wemby was playing chess. Before the San Antonio Spurs left New York for a flight to Minnesota, Wembanyama put out the call on social media: “Who wants to meet me at the SW corner of Washington Square park to play chess? Im there,” Wembanyama wrote. It was 9:36 a.m. And people began showing up almost immediately. Mavs star Luka Doncic is latest pro athlete whose home was burglarized, business manager says DALLAS (AP) — Luka Doncic of the Dallas Mavericks is the latest professional athlete whose home has been burglarized. The star guard’s business manager tells multiple media outlets there was a break-in at Doncic’s home Friday night. Lara Beth Seager says nobody was home, and Doncic filed a police report. The Dallas Morning News reports that jewelry valued at about $30,000 was stolen. Doncic is the sixth known pro athlete in the U.S. whose home was burglarized since October. Star NFL quarterbacks Patrick Mahomes of Kansas City and Joe Burrow of Cincinnati are among them. The NFL and NBA have issued security alerts to players over the break-ins. Panthers place 1,000-yard rusher Chuba Hubbard on IR for final 2 games with strained calf CHARLOTTE, N.C. (AP) — The Carolina Panthers have shut down leading rusher Chuba Hubbard for the final two games of the season because of a strained calf. He was placed on injured reserve Saturday. Hubbard was limited in practice Friday with a knee injury and was listed as questionable to play Sunday against the Tampa Bay Buccaneers. After practice, Hubbard complained of pain and had an MRI, which revealed a grade two calf strain, according to the team. Hubbard ran for 1,195 yards and 10 touchdowns this season. He becomes the third Panthers running back to be placed on injured reserve this season, joining Miles Sanders and rookie Jonathan Brooks. Patriots QB Drake Maye returns to game after evaluation for head injury vs. Chargers FOXBOROUGH, Mass. (AP) — Patriots rookie quarterback Drake Maye has returned to the game after being evaluated for a head injury following a blow to the helmet in the first quarter of New England’s matchup with the Los Angeles Chargers. Maye was scrambling near the sideline on third down of the Patriots’ first possession of the game when he was hit by Chargers cornerback Cam Hart. Maye stayed down on the turf for several seconds before eventually getting up and jogging off the field on his own power. He briefly sat on the bench before going to the medical tent and then the locker room. He was replaced by backup Jacoby Brissett in the next series. But Maye returned at the 10:15 mark of the second quarter. Corbin Burnes and Arizona Diamondbacks agree to $210 million, 6-year deal, AP source says PHOENIX (AP) — Corbin Burnes and the Arizona Diamondbacks have agreed to a $210 million, six-year contract, a person familiar with the negotiations told The Associated Press. The person spoke to the AP on condition of anonymity because the deal was pending a successful physical. The 30-year-old Burnes was perhaps the top free agent pitcher on the market after going 15-9 with a 2.92 ERA for Baltimore last season. The Orioles acquired the right-hander in a February trade after he spent his first six major league seasons with the Milwaukee Brewers. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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FALLS CHURCH, Va., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation NOC announced today that its board of directors has authorized an additional $3 billion for the repurchase of the company's common stock, increasing the outstanding authorized amount to approximately $4.2 billion. Share repurchases will take place from time to time, subject to market conditions and management's discretion, in the open market or in privately negotiated transactions. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers' toughest problems, our employees define possible every day. Note: Statements in this press release contain or may contain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "will," "expect," "anticipate," "intend," "may," "could," "should," "plan," "project," "forecast," "believe," "estimate," "guidance," "outlook," "trends," "goals" and similar expressions generally identify these forward-looking statements. These forward-looking statements speak only as of the date when made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements after the date of this release, except as required by applicable law. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. A discussion of these risks and uncertainties is contained in the Company's filings with the Securities and Exchange Commission. Contact: Todd Ernst 703-280-4535 todd.ernst@ngc.com newsbureau@ngc.com This press release was published by a CLEAR® Verified individual. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.None
November 21, 2024 This article has been reviewed according to Science X's editorial process and policies . Editors have highlightedthe following attributes while ensuring the content's credibility: fact-checked peer-reviewed publication proofread by Georgia Institute of Technology A multi-institutional team of researchers, led by Georgia Tech's Francesca Storici, has discovered a previously unknown role for RNA. Their insights could lead to improved treatments for diseases like cancer and neurodegenerative disorders while changing our understanding of genetic health and evolution. RNA molecules are best known as protein production messengers. They carry genetic instructions from DNA to ribosomes—the factories inside cells that turn amino acids into the proteins necessary for many cell functions . But Storici's team found that RNA can also help cells repair a severe form of DNA damage called a double-strand break, or DSB. A DSB means both strands of the DNA helix have been severed. Cells have the tools to make some repairs, but a DSB is significant damage—and if not properly fixed can lead to mutations, cell death, or cancer. (Interestingly, cancer treatments, like chemotherapy and radiation, can cause DSBs.) Storici, a professor in the School of Biological Sciences, has dedicated her research to studying the molecules and mechanisms underlying damaged DNA repairs. Ten years ago, she and collaborators discovered that RNA could serve as a template for DSB repair , publishing their findings in Nature . "Now we've learned that RNA can directly promote DSB repair mechanisms," said Storici, whose lab teamed with mathematics experts in the lab of Nataša Jonoska from the University of South Florida. They're all part of the Southeast Center for Mathematics and Biology based at Georgia Tech. They explain their discovery in the journal Nature Communications . "These findings open up a new understanding of RNA's potential role in maintaining genome integrity and driving evolutionary changes," added Storici. The researchers used variation-distance graphs to visualize millions of DSB repair events, offering a comprehensive snapshot of sequence variations. The graphs highlighted major differences in repair patterns, depending on the DSB position. This mathematical approach also uncovered significant differences in repair efficiency, pointing to RNA's potential in modulating DSB repair outcomes. "These findings underscore the critical role of mathematical visualization in understanding complex biological mechanisms and could pave the way for targeted interventions in genome stability and therapeutic research," said Jonoska. Molecular grunt work When a DSB happens in DNA, it's like a load-bearing beam in a building breaking. A careful, precise repair is needed to ensure the building's—or the DNA's—stability. The pieces must be rejoined accurately to prevent further damage or mutation. Repairing a damaged building requires having a reliable foreman on the job site. A DSB requires something very similar. "A key mechanism we identified is that RNA can help position and hold the broken DNA ends in place, facilitating the repair process," explained Storici, whose team conducted the research in both human and yeast cells. Specifically, they found that RNA molecules and the broken section of DNA can match up like puzzle pieces. When RNA has this kind of complementarity with the DNA break site, it acts as a scaffold, or a guide, beyond its traditional coding function, showing the cellular machinery where to make repairs. Over millennia, cells have evolved complex mechanisms to fix DSB, each of them functioning like different tools from the same toolbox. Storici's team showed that RNA can influence which tools are used, depending on its complementarity to the broken DNA strands. This means that in addition to being the important protein production messenger, RNA acts as both a foreman and laborer when it comes to DNA repair. A deeper understanding of RNA's role in DNA repair could lead to new strategies for strengthening repair mechanisms in healthy cells, potentially reducing the harmful effects of treatments like chemotherapy and radiation. "RNA has a much broader function than we knew," Storici said. "We still have a lot of research to do into these mechanisms, but this work opens up new ways for exploring how RNA could be harnessed in health care, potentially leading to new treatments for cancer and other genetic diseases." As Storici and other researchers continue probing RNA's effects in DNA repair, their revelations could have a lasting impact on human health and evolution. That means better gene therapies, new cancer treatments and anti-aging strategies—and also the ability to influence how organisms adapt and evolve. More information: Youngkyu Jeon et al, RNA-mediated double-strand break repair by end-joining mechanisms, Nature Communications (2024). DOI: 10.1038/s41467-024-51457-9 Journal information: Nature Communications , Nature Provided byGeorgia Institute of TechnologyLinq Blue Automates and Personalizes iMessage Outreach to Boost Engagement and Efficiency BIRMINGHAM, Ala. , Nov. 22, 2024 /PRNewswire/ -- Linq, the world's leading mobile CRM and lead capture platform, announces Linq Blue — an iMessage automation tool designed to revolutionize sales communication. This breakthrough feature empowers businesses to automate and personalize customer outreach via iMessage—without requiring an iPhone. Launching January 2025 , Linq Blue offers seamless messaging capabilities that drive higher response rates and unlock new levels of sales efficiency. Why Linq Blue is a Game-Changer Reserve Your Spot Today Linq Blue is now open for early access reservations to a closed beta. Learn more and reserve your spot at https://linqapp.com/s/imessage-automation/ About Linq: Founded in Birmingham, AL , Linq is a rapidly growing tech company that transforms the way businesses manage contacts, relationships, and workflows. With a focus on mobile-first solutions, Linq integrates seamlessly with existing CRM platforms like Salesforce and HubSpot, offering an easy-to-use interface that enables teams to work effectively, no matter where they are. For more information, visit www.linqapp.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/linq-launches-blue-messages-for-sales-302314658.html SOURCE LinqAP Sports SummaryBrief at 5:50 a.m. EST
( ) shares are a popular option for Aussie investors. But are the giant's shares a good one right now? According to Goldman Sachs they are. The broker has named a number of reasons why it thinks investors should be snapping up the company's shares for the year ahead. Four reasons to buy Telstra shares The first reason that Telstra could be a good option for investors is its low risk earnings and dividend growth. Particularly in the current uncertain economic environment. It said: Telstra is the incumbent telecom operator in Australia. We believe the low risk earnings (and dividend) growth that Telstra is delivering across FY22-25, underpinned through its mobile business, is attractive. Another reason to buy Telstra shares could be its potential to unlock significant value through asset divestments. This includes both its InfraCo Fixed assets and its NBN payment stream. Goldman explains: We also believe that Telstra has a meaningful medium term opportunity to crystallise value through commencing the process to monetize its InfraCo Fixed assets – which we estimate could be worth between A$22-33bn. Although there is some debate around the strategic benefits, we see a strong rationale for monetizing the recurring NBN payment stream, given its inflation-linked, long duration cash flows could be worth A$14.5bn to A$17.9bn, with no loss of strategic benefit. What else? Goldman also believes that Telstra's shares look good value when adjusting out its NBN recurring payments. It notes: Although at a headline level, Telstra valuation appears relatively full (vs. peers and vs. 10Y yield), we note: Adjusting out NBN recurring payments (a unique asset), Telstra trades at a much more compelling multiple. Finally, the broker highlights the attractive on offer with its shares as a reason to buy. It concludes: Although its yield spread is compressed vs. history, when factoring dividend growth this is more attractive. Hence we rate Telstra Buy. Goldman is forecasting fully franked dividends per share of 19 cents in FY 2025, 20 cents in FY 2026, and then 21 cents in FY 2027. Based on its current share price of $4.03, this equates to yields of 4.7%, 4.95%, and 5.2%, respectively. The broker currently has a buy rating and $4.50 price target on its shares. This implies potential upside of over 11.5% for investors over the next 12 months. And including dividends, the total potential return stretches to over 16%.Some Republicans Say Kash Patel Won’t Do The Awful Things He Said He’d Do
Avior Wealth Management LLC lessened its stake in shares of Globant S.A. ( NYSE:GLOB – Free Report ) by 29.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,571 shares of the information technology services provider’s stock after selling 664 shares during the quarter. Avior Wealth Management LLC’s holdings in Globant were worth $311,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also made changes to their positions in the company. Investidor Profissional Gestao de Recursos Ltda. boosted its holdings in shares of Globant by 109.8% in the 3rd quarter. Investidor Profissional Gestao de Recursos Ltda. now owns 39,595 shares of the information technology services provider’s stock valued at $7,845,000 after buying an additional 20,725 shares in the last quarter. TrinityPoint Wealth LLC purchased a new stake in Globant during the third quarter valued at approximately $208,000. Natixis Advisors LLC boosted its stake in Globant by 30.4% in the third quarter. Natixis Advisors LLC now owns 13,468 shares of the information technology services provider’s stock valued at $2,669,000 after acquiring an additional 3,142 shares in the last quarter. Impax Asset Management Group plc grew its holdings in Globant by 26.1% in the third quarter. Impax Asset Management Group plc now owns 8,269 shares of the information technology services provider’s stock worth $1,638,000 after purchasing an additional 1,711 shares during the last quarter. Finally, Zions Bancorporation N.A. increased its position in shares of Globant by 18.0% during the third quarter. Zions Bancorporation N.A. now owns 6,334 shares of the information technology services provider’s stock worth $1,255,000 after purchasing an additional 965 shares in the last quarter. 91.60% of the stock is currently owned by hedge funds and other institutional investors. Globant Stock Performance Shares of NYSE GLOB opened at $229.28 on Friday. Globant S.A. has a 1 year low of $151.68 and a 1 year high of $251.50. The company’s fifty day moving average price is $210.11 and its 200 day moving average price is $191.90. The company has a market capitalization of $9.88 billion, a PE ratio of 58.06, a price-to-earnings-growth ratio of 2.55 and a beta of 1.39. Wall Street Analysts Forecast Growth Read Our Latest Stock Analysis on Globant About Globant ( Free Report ) Globant SA, together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions. Further Reading Receive News & Ratings for Globant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Globant and related companies with MarketBeat.com's FREE daily email newsletter .Ras Al Khaimah Investment and Business Summit (RAKIS) 2024 To Unite Global Travel Industry Leaders in United Arab Emirates
Abortions are up in the US. It's a complicated picture as women turn to pills, travelBy KEVIN FREKING, Associated Press WASHINGTON (AP) — The House on Wednesday passed a $895 billion measure that authorizes a 1% increase in defense spending this fiscal year and would give a double-digit pay raise to about half of the enlisted service members in the military. The bill is traditionally strongly bipartisan, but some Democratic lawmakers opposed the inclusion of a ban on transgender medical treatments for children of military members if such treatment could result in sterilization. The bill passed the House by a vote of 281-140 and will next move to the Senate, where lawmakers had sought a bigger boost in defense spending than the current measure allows. Lawmakers are touting the bill’s 14.5% pay raise for junior enlisted service members and a 4.5% increase for others as key to improving the quality of life for those serving in the U.S. military. Those serving as junior enlisted personnel are in pay grades that generally track with their first enlistment term. Lawmakers said service member pay has failed to remain competitive with the private sector, forcing many military families to rely on food banks and government assistance programs to put food on the table. The bill also provides significant new resources for child care and housing. “No service member should have to live in squalid conditions and no military family should have to rely on food stamps to feed their children, but that’s exactly what many of our service members are experiencing, especially the junior enlisted,” said Rep. Mike Rogers, R-Ala., chairman of the House Armed Services Committee. “This bill goes a long way to fixing that.” The bill sets key Pentagon policy that lawmakers will attempt to fund through a follow-up appropriations bill. The overall spending tracks the numbers established in a 2023 agreement that then-Speaker Kevin McCarthy reached with President Joe Biden to increase the nation’s borrowing authority and avoid a federal default in exchange for spending restraints. Many senators had wanted to increase defense spending some $25 billion above what was called for in that agreement, but those efforts failed. Sen. Roger Wicker, R-Miss., who is expected to serve as the next chairman of the Senate Armed Services Committee, said the overall spending level was a “tremendous loss for our national defense,” though he agreed with many provisions within the bill. “We need to make a generational investment to deter the Axis of Aggressors. I will not cease work with my congressional colleagues, the Trump administration, and others until we achieve it,” Wicker said. House Republicans don’t want to go above the McCarthy-Biden agreement for defense spending and are looking to go way below it for many non-defense programs. They are also focused on cultural issues. The bill prohibits funding for teaching critical race theory in the military and prohibits TRICARE health plans from covering gender dysphoria treatment for children under 18 if that treatment could result in sterilization. Rep. Adam Smith of Washington state, the ranking Democratic member of the House Armed Services Committee, said minors dealing with gender dysphoria is a “very real problem.” He said the treatments available, including puberty blockers and hormone therapy, have proven effective at helping young people dealing with suicidal thoughts, anxiety and depression. “These treatments changed their lives and in many cases saved their lives,” Smith said. “And in this bill, we decided we’re going to bar servicemembers’ children from having access to that.” Smith said the number of minors in service member families receiving transgender medical care extends into the thousands. He could have supported a study asking medical experts to determine whether such treatments are too often used, but a ban on health insurance coverage went too far. He said Speaker Mike Johnson’s office insisted upon the ban and said the provision “taints an otherwise excellent piece of legislation.” Rep. Chip Roy, R-Texas, called the ban a step in the right direction, saying, “I think these questions need to be pulled out of the debate of defense, so we can get back to the business of defending the United States of America without having to deal with social engineering debates.” Smith said he agrees with Roy that lawmakers should be focused on the military and not on cultural conflicts, “and yet, here it is in this bill.” Rep. Hakeem Jeffries, the House Democratic leader, said his team was not telling Democrats how to vote on the bill. “There’s a lot of positive things in the National Defense Authorization Act that were negotiated in a bipartisan way, and there are some troubling provisions in a few areas as well,” Jeffries said. The defense policy bill also looks to strengthen deterrence against China. It calls for investing $15.6 billion to build military capabilities in the Indo-Pacific region. The Biden administration had requested about $10 billion. On Israel, the bill, among other things, includes an expansion of U.S. joint military exercises with Israel and a prohibition on the Pentagon citing casualty data from Hamas. The defense policy bill is one of the final measures that lawmakers view as a must-pass before making way for a new Congress in January. Boston.com Today Sign up to receive the latest headlines in your inbox each morning. Be civil. Be kind.
Abortions are up in the US. It's a complicated picture as women turn to pills, travelWhat happens to Niagara residents released from jail and how do they avoid falling into what’s known as the reoffending cycle, where they reoffend and end up back behind bars? “The transition from jail to community has been extremely challenging for people,” said Dr. Karl Stobbe, REACH Niagara’s medical director. In many cases, Stobbe said people have told him they were dropped off at a homeless shelter after being released from jail, “with no supports, no follow up.” “And then everybody wonders why they get in trouble again.” Announced at a news conference in St. Catharines Friday, a new program aimed at helping people reintegrate after being released from prison is getting $3.5 million in federal funding. Regional Essential Access to Connected Healthcare (REACH) Niagara and Start Me Up Niagara jointly announced the program, while also announcing a new partnership between them that will move REACH Niagara’s administrative offices into the workspace in St. Catharines it shares with Start Me Up. The funding from Health Canada’s Substance Use and Addictions Program allows the organizations to launch the Transitions into Comprehensive Care program, providing support to help people reintegrate into the community after being released from prison, as well as people at risk of becoming involved in the justice system in Niagara. Stobbe said he didn’t know how much funding to expect before the announcement, and was shocked to learn it was $3.5 million. “We’ve been cash-starved for so long,” he said. Carolyn Dyer, REACH Niagara’s executive director, said the Health Canada funding is essential to the organization’s “ability to operate and grow and to meet this rising demand for service,” while also signals a new level of commitment needed to fight the opioid epidemic. Stobbe said the new program will have a significant impact. It follows a coroner’s inquest into recent overdose deaths at the Niagara Detention Centre which included recommendations related to people being released from jail, he said. “I’m really happy about those recommendations. I think it will really help push ahead with the work this initiative is going to do,” he said. “I think the funding will go a lot further because hopefully Niagara Detention Centre already has on their radar some of the things that they can do from their end, and we’ll be getting ready on the community side to make those things much more effective.” While Positive Living Niagara has led much of Niagara’s response to the opioid crisis, Talia Storm — director of the organization’s Street Works Services — welcomed the new REACH Niagara program. “We are elated about this program. It is absolutely filling a gap in our community,” she said. “At Positive Living, we often see folks who come out of the detention centre and end up right back in.” She said the risk of overdose deaths is also incredibly high when people are being released from prison, and this will hopefully fill that gap and ensure that people are supported as the reintegrate into the community. While announcing the funding, St. Catharines MP Chris Bittle said there’s growing frustration, anger and a loss of empathy related to the challenges communities are facing. Laura Dumas, executive director with Start Me Up Niagara speaks to St. Catharines MP Chris Bittle. Health Canada’s Substance Use and Addictions Program has provided $3.5 million to REACH Niagara and Start Me Up Niagara for a program aimed at helping people exiting the justice system and and those at risk of involvement in it. “I’ve been hearing a lot more from politicians who are ignoring public health solutions, who would close supervised injection sites, will step away from harm reduction to reflect that anger, to reflect the lack of empathy,” he said. “But it’s not going away. We can re-criminalize, we can throw people in jail, we can close down supervised injection sites and we can let people die. Unfortunately, that’s the talk of many politicians locally, provincially and federally.” Bittle said too many Canadians have lost their lives “because of this tragic public health crisis, and it is a public health crisis. The impacts are felt by family, friends, neighbours and communities.” “Despite the overwhelming nature of this crisis, you are still standing here — you’re still fighting for this and I want to be behind you to help fight,” Bittle said. REACH was also excited about finally having a home base after operating for some seven years without one. The organization has been operating clinics at partner organizations throughout the region, providing outreach services at homeless encampments and operating a mobile health clinic set up in a converted Mercedes Sprinter van, Stobbe said. The shared office at 211 Church St. is the first real home the organization has had, he said. After regularly holding meetings in coffee shops, Stobbe said it “will be really nice” to have a building to base operations from. Considering the work Stobbe and the team of medical professionals do, he said starting out without a permanent address made sense. “If our first thing was to try to get an office, it just would have been really uncomfortable if that was our priority,” he said. Start Me Up executive director Laura Dumas said the partnership between the two organizations made sense since they both serve the same marginalized groups. Laura Dumas, executive director with Start Me Up Niagara. “I believe the partnership can only make us stronger,” she said. “We complement each other.” Both organizations, she said, are striving to provide services to people with dignity and compassion. “What’s lacking is dignity. It’s that empathy. We’re hoping together that we can bring that back to the community,” Dumas said. Dyer said the organization has grown to offer 22 clinics in seven municipalities since its inception. But the need for those services is continuing to grow “at a rate that really is hard to fathom.” “There is a growing societal divide between the population at large and the equity deserving community that is widening,” Dyer said. “This division is social, economic, political and sadly at times found in what services that are available to each and every community member. This cannot stand or it will only get worse.”
KULR Technology Group, Inc. ( NYSEAMERICAN:KULR – Get Free Report )’s share price gapped up prior to trading on Thursday . The stock had previously closed at $3.42, but opened at $3.52. KULR Technology Group shares last traded at $4.36, with a volume of 27,779,337 shares changing hands. KULR Technology Group Stock Performance The company has a current ratio of 0.81, a quick ratio of 0.71 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $1.12 billion, a P/E ratio of -38.83 and a beta of 3.17. Institutional Investors Weigh In On KULR Technology Group A number of institutional investors have recently added to or reduced their stakes in KULR. Virtu Financial LLC acquired a new position in KULR Technology Group during the third quarter valued at approximately $29,000. Geode Capital Management LLC lifted its holdings in shares of KULR Technology Group by 44.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock valued at $443,000 after acquiring an additional 479,026 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of KULR Technology Group during the 2nd quarter valued at $31,000. Hedge funds and other institutional investors own 21.23% of the company’s stock. About KULR Technology Group KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes. Further Reading Receive News & Ratings for KULR Technology Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KULR Technology Group and related companies with MarketBeat.com's FREE daily email newsletter .Always find yourself pulled into Green Street’s cosy vintage shop on your way to Mainsburys? Emma Jameson-Dake speaks to Goldrush’s manager Dave to learn about all things vintage After the horrors of Week 5, there’s nothing like a bit of retail therapy. When the sun’s already setting on your post-supo trek to Mainsburys, Goldrush Vintage’s glowing storefront display is more tempting than ever (and more of a threat to my dwindling bank balance!). I spoke to Goldrush’s manager, Dave, about what goes on behind the scenes. “When I started, if you wore vintage or second-hand clothes, you were a little bit alternative. Now it doesn’t seem to be like that anymore” “We opened here last December, so we’re nearly a year old now. And, yeah, it’s going good.” Dave tells me he’s been in the vintage business for over 25 years now, which he jokes is “too long”. Starting on London’s Portobello Road, he moved to Camden Town before finally settling in Cambridge, where business is thriving. “When I started, if you wore vintage or second-hand clothes, you were a little bit alternative. You were a little bit out there. You know? Now it doesn’t seem to be like that anymore”. When I ask what kind of vintage pieces he sells most often, Dave doesn’t hesitate in telling me, “it’s probably anything Carhartt”. The rail of jackets beside us is a treasure-trove of suede, leather, and wool, perfect for the winter weather. As I mention the seasonal wardrobe shift, Dave tells me “knitwear does really well in this shop which is quite surprising because other places I’ve been to, not so much, but Cambridge folk like proper knitwear [...] that you wouldn’t necessarily associate with students or young people”. It seems that the majority of customers are students, though Dave tells me this is actually only by a small margin. “We get a lot of regular people that just... like the whole vintage selling thing. It’s just like, oh, it’s a Ralph Lauren shirt. It’s 15 quid. Why wouldn’t I?” — the joys of a good bargain are evidently universal, we laugh. Goldrush certainly knows a thing or two about the joys of thrift finds; you need only see the staff wardrobes to recognise this. “My absolute favourite piece is a genuine 1977 Sex Pistols T-Shirt [...] rare as hen’s teeth”, which Dave scored for just “a fiver”. He reveals the shop is similarly a hit with school pupils and “exchange students” from France and Germany, smiling when he says that it’s nice to see “youngsters” appreciating all things vintage. It’s clear that Dave and his team value customers greatly and are always looking for the best finds for shoppers. When I ask where Goldrush sources their incredible variety of stock, the answer surprises me: it’s mostly from the States. Dave explains how 75% of stock comes from across the Atlantic, and then “we get some of the sportswear from mainland Europe, Holland mainly... track tops, track pants. There’s European workwear as well, which is completely different to the sort of American Carhartt”. Dave looks to trends for his pricing, buying in bulk and seeking out the hidden gems: “in that mix of work jackets, about a hundred work jackets, 10 are going to be Carhartt... the rest sell very well as well, but not for anywhere near as much. So you kind of have to, you know, get that little bit extra the way you can.” “So what they’re selling in Sweden now, this time next year, we’ll be selling it here.” Though it seems to me that Dave is an expert in his field by now, when I ask if he’s able to predict next season’s trends based on consumer habits, he’s bashful in admitting “I don’t necessarily spend my time looking at styles or fashion or that sort of thing” on social media, so can’t divulge much! Joking about screen time, Dave moves on to tell me that social media is far from the all-powerful style oracle: “one of my biggest suppliers has got a few shops around the place, and he’s got one in Sweden. And, he’s done it twice as long as I have. So I take a little bit of advice from him, and he always says Sweden is ahead of the curve. So what they’re selling in Sweden now, this time next year, we’ll be selling it here.” Despite the insider intel, Dave admits “it’s really difficult. I’ve done it or I’ve tried it before where you think you know what’s coming and you jump on it and you’re too early and it just doesn’t work”, citing the Carhartt jackets he’s been selling since the nineties, which only saw a boom post-lockdown. “It’s things like this, just actual vintage. You know, somebody wore that to school in 1979” Dave tells me that jackets are by far his favourite thing to sell, bringing me over to a rail bursting with history: “if the shop could be filled with this, happy days. I would love it”. The pull of these items seems unquestionable, “the thing is that it’s things like this, just actual vintage. You know, somebody wore that to school in 1979. So, I was 2”, Dave remarks, yet surprisingly reveals “this doesn’t sell. Sold one of these today, but that’s the only one I think sold this week”. We look at German fishermen’s jackets, army apparel from Korea, Vietnam, and the Second World War. The rails are heavy with history, which Dave explains makes them all the more special: “the pattern’s called Cowichan” he says, as we look at a beautiful horseshoe print cardigan which owes its pattern to “traditional Native American” culture. READ MORE Formalwear finds and the art of the thrift flip Dave is tireless in his research of clothes’ history, though divulges that nowadays, technology is offering a helping hand: “thanks to Google Lens, you don’t have to buy all the books anymore. You just snapshot it, and it tells you what it is. So that was quite interesting”. Technology holds a surprising place in the future of something so nestled in the past, and Dave is privy to the future of online shopping (spoiler alert: Vinted has new competition). Whatnot, Dave tells me, is “an American thing, and they’ve not long launched over here, and it’s livestream selling. You can start at whatever price you want, but it’s more like an auction. Fifteen seconds. And then if somebody bids, it goes up ten seconds. [...] I’ve not done one yet, but we’re going to go live with that very soon.” On the topic of the store’s future, I wryly ask Dave about the newly sprung-up competition in Cambridge. He’s humble and laughs in response, “I’m fairly new myself so I can’t get too possessive!” Speaking of large-scale chains, and the “big boys”, he admits “they’ve got a big budget, which I don’t necessarily. But no, since they opened it, to be honest, it’s been as good as ever”. There’s something about the appeal of a smaller business which we both agree on. Sustainability, for instance, is always at the forefront of Goldrush’s mind. Dave tells me that “we get very little waste in the sense of damaged product”, which accounts for around 5% of stock. Modern clothes also find their way into vintage stock bundles, which don’t sell as well. Dave puts brands like Zara, H&M and ASOS on marked-down sale rails (“it’s too good to throw away”) and reveals a further secret in the shop’s ethical sustainability: “we do donate quite a bit as well. We’ve worked with charities in Gambia”. My final question to him is about any extra secrets of the vintage store he’s willing to share: “I would say that one of the things we do that — I’m not saying the others don’t — but a lot of vintage stores don’t launder everything. [...] If it can be laundered, it’s laundered. If it can’t, such as leather or suede, it’s hand cleaned.” He’s keen to make sure the “loft style” smell of vintage shops is replaced with cleanliness in Goldrush, and certifies every item is top quality. Dave’s parting words to me are emphatic of the energy he puts into selling vintage: “if you were looking for a tracksuit top today, you went through all of them and you thought, you know, ‘there’s not one I quite like. I’ll go and check again next week or the week after.’ I want them all to be different”. There’s something for everyone to be found on the rails at Goldrush Vintage.
Congress Didn't Want Narasimha Rao's Last Rites To Be Held In Delhi: JP Nadda
Redefining the Real HappinessNEW DELHI — Grieving citizens in India's capital gathered Saturday to pay their respects to former prime minister Manmohan Singh ahead of the state funeral for the man acknowledged as responsible for the country's economic liberalization. Singh, who held office from 2004 to 2014, died at the age of 92 on Thursday, after which seven days of state mourning were declared. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.