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NEW YORK (AP) — Top-ranked chess player Magnus Carlsen is headed back to the World Blitz Championship on Monday after its governing body agreed to loosen a dress code that got him fined and denied a late-round game in another tournament for refusing to change out of jeans . Lamenting the contretemps, International Chess Federation President Arkady Dvorkovich said in a statement Sunday that he'd let World Blitz Championship tournament officials consider allowing “appropriate jeans” with a jacket, and other “elegant minor deviations” from the dress code. He said Carlsen's stand — which culminated in his quitting the tournament Friday — highlighted a need for more discussion “to ensure that our rules and their application reflect the evolving nature of chess as a global and accessible sport.” Carlsen, meanwhile, said in a video posted Sunday on social media that he would play — and wear jeans — in the World Blitz Championship when it begins Monday. “I think the situation was badly mishandled on their side,” the 34-year-old Norwegian grandmaster said. But he added that he loves playing blitz — a fast-paced form of chess — and wanted fans to be able to watch, and that he was encouraged by his discussions with the federation after Friday's showdown. “I think we sort of all want the same thing,” he suggested in the video on his Take Take Take chess app’s YouTube channel. “We want the players to be comfortable, sure, but also relatively presentable.” The events began when Carlsen wore jeans and a sportcoat Friday to the Rapid World Championship, which is separate from but held in conjunction with the blitz event. The chess federation said Friday that longstanding rules prohibit jeans at those tournaments, and players are lodged nearby to make sartorial switch-ups easy if needed. An official fined Carlsen $200 and asked him to change pants, but he refused and wasn't paired for a ninth-round game, the federation said at the time. The organization noted that another grandmaster, Ian Nepomniachtchi, was fined earlier in the day for wearing sports shoes, changed and continued to play. Carlsen has said that he offered to wear something else the next day, but officials were unyielding. He said “it became a bit of a matter of principle,” so he quit the rapid and blitz championships. In the video posted Sunday, he questioned whether he had indeed broken a rule and said changing clothes would have needlessly interrupted his concentration between games. He called the punishment “unbelievably harsh.” “Of course, I could have changed. Obviously, I didn’t want to,” he said, and “I stand by that.”Like a football off McBride's helmet, the Cardinals aren't getting many lucky bounces these days
Palo Alto Networks, Inc. ( NASDAQ:PANW – Get Free Report )’s share price was down 4.2% during trading on Friday . The company traded as low as $380.75 and last traded at $381.08. Approximately 1,419,727 shares changed hands during trading, a decline of 63% from the average daily volume of 3,847,320 shares. The stock had previously closed at $397.70. Wall Street Analysts Forecast Growth Several analysts recently weighed in on the company. JMP Securities raised their price objective on Palo Alto Networks from $380.00 to $415.00 and gave the company a “market outperform” rating in a research note on Thursday. Jefferies Financial Group upped their price target on shares of Palo Alto Networks from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Stifel Nicolaus boosted their price objective on Palo Alto Networks from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. BMO Capital Markets increased their target price on Palo Alto Networks from $390.00 to $425.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. boosted their price target on Palo Alto Networks from $387.00 to $449.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $402.03. Get Our Latest Analysis on Palo Alto Networks Palo Alto Networks Stock Performance Palo Alto Networks’s stock is set to split before the market opens on Monday, December 16th. The 2-1 split was announced on Wednesday, November 20th. The newly created shares will be payable to shareholders after the closing bell on Friday, December 13th. Palo Alto Networks ( NASDAQ:PANW – Get Free Report ) last released its quarterly earnings results on Wednesday, November 20th. The network technology company reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.08. The business had revenue of $2.14 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Palo Alto Networks had a net margin of 32.99% and a return on equity of 23.36%. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.63 EPS. As a group, equities research analysts predict that Palo Alto Networks, Inc. will post 3.57 earnings per share for the current year. Insider Buying and Selling at Palo Alto Networks In other Palo Alto Networks news, EVP Lee Klarich sold 60,000 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $344.98, for a total transaction of $20,698,800.00. Following the transaction, the executive vice president now directly owns 159,009 shares of the company’s stock, valued at approximately $54,854,924.82. This trade represents a 27.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink . Also, EVP Nir Zuk sold 36,000 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $332.50, for a total transaction of $11,970,000.00. Following the completion of the sale, the executive vice president now directly owns 1,115,567 shares of the company’s stock, valued at $370,926,027.50. This trade represents a 3.13 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold 254,252 shares of company stock worth $89,041,637 over the last 90 days. Corporate insiders own 2.50% of the company’s stock. Institutional Trading of Palo Alto Networks Hedge funds have recently added to or reduced their stakes in the business. International Assets Investment Management LLC boosted its holdings in Palo Alto Networks by 34,318.2% during the 3rd quarter. International Assets Investment Management LLC now owns 3,259,063 shares of the network technology company’s stock valued at $1,113,948,000 after acquiring an additional 3,249,594 shares during the period. Jennison Associates LLC lifted its position in Palo Alto Networks by 50.1% in the third quarter. Jennison Associates LLC now owns 3,147,215 shares of the network technology company’s stock valued at $1,075,718,000 after purchasing an additional 1,050,173 shares during the last quarter. Swedbank AB purchased a new stake in shares of Palo Alto Networks during the first quarter valued at approximately $177,933,000. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Palo Alto Networks in the third quarter worth approximately $174,124,000. Finally, Altshuler Shaham Ltd increased its stake in shares of Palo Alto Networks by 444,100.0% in the second quarter. Altshuler Shaham Ltd now owns 444,000 shares of the network technology company’s stock worth $150,520,000 after buying an additional 444,100 shares during the period. 79.82% of the stock is owned by institutional investors. About Palo Alto Networks ( Get Free Report ) Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention. Read More Receive News & Ratings for Palo Alto Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palo Alto Networks and related companies with MarketBeat.com's FREE daily email newsletter .Australia’s sharemarket is likely to open lower after a sell-off in the world’s largest technology companies hit US stocks in the final stretch of a stellar year. Futures are pointing to a drop of 0.35 per cent, or 29 points, on Monday morning across the local bourse, to 8228, as traders take stock of a pullback in the US last week. Nasdaq, one of the “Magnificent Seven” companies, bore the brunt of last week’s selling. Credit: Bloomberg In the US, during a session of slim trading volume – which tends to amplify moves – the S&P 500 lost 1.1 per cent and the Nasdaq 100 slipped 1.4 per cent. While every major industry succumbed to Friday’s slide, tech megacaps bore the brunt of the selling. That’s after a torrid surge in which the group of companies dubbed the “Magnificent Seven” accounted for more than half of the US equity benchmark’s gains in 2024. “I think Santa has already come. Have you seen the performance this year?” said Kenny Polcari from financial advising firm SlateStone Wealth. “[This] week is another holiday-shortened week, volumes will be light, moves will be exaggerated. Don’t make any major investing decisions this week.” Steve Sosnick, from Interactive Brokers said while the market was in holiday season, he had fielded more inquiries than expected. Loading “The best I can figure out is that there are large accounts, pension funds and the like, who need to rebalance their holdings before year-end,” he said. The S&P 500 and the Nasdaq 100 trimmed last week’s gains. The Dow Jones Industrial Average slipped 0.8 per cent on Friday. A gauge of the “Magnificent Seven” sank 2 per cent, led by losses in Tesla and Nvidia. The Russell 2000 index of small caps dropped 1.6 per cent. The yield on 10-year Treasuries rose 4 basis points to 4.62 per cent. The Bloomberg Dollar Spot Index wavered.
KENT, Ohio (AP) — Jalen Sullinger led Kent State with 25 points and secured the victory with a 3-pointer with 43 seconds remaining as the Golden Flashes knocked off Heidelberg 84-80 on Sunday night. Sullinger shot 9 of 20 from the field, including 4 for 10 from 3-point range, and went 3 for 4 from the line for the Golden Flashes (9-3). VonCameron Davis scored 21 points while shooting 8 for 13 (1 for 3 from 3-point range) and 4 of 4 from the free-throw line and added five rebounds and five assists. Mike Bekelja had 14 points and shot 4 for 5 from beyond the arc and 2 of 4 from the free-throw line. Eric Panning finished with 18 points, seven rebounds and two steals for the Student Princes. Manny Hill added 15 points and seven rebounds for Heidelberg. Elijah Harden had 15 points. Sullinger scored 11 points in the first half and Kent State went into halftime trailing 42-36. Davis scored 15 points in the second half. Kent State outscored Heidelberg by 10 points over the final half. Kent State hosts Ball State in its next matchup on Saturday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Article content By the Trudeau government’s own logic, by now it should be considering invoking the Emergencies Act in response to the growing lawlessness of so-called “pro-Palestinian” demonstrations Canadian authorities seem powerless to stop. Recommended Videos After all, it did so two years ago to end a month-long truckers’ convoy, mainly in Ottawa, protesting vaccine mandates. Compare that to what’s been happening on the streets of Canada for more than a year — the latest example being a riot in Montreal on Friday while Prime Minister Justin Trudeau was attending a Taylor Swift concert in Toronto. Canada’s tiny Jewish community — less than 1% of our population— is under growing threat from these hate-filled protests, where some demonstrators have gone beyond calling for the destruction of Israel to advocate for the extermination of Jews in Canada and around the world. Police say hate crimes against Jews have skyrocketed. Jews have been targeted and threatened in the communities where they live, work, worship and go to school — both at the elementary and university levels. The public expression of hatred aimed at Jews in Canada — who are being blamed by many in these “pro-Palestinian” protests for the actions of the Israeli government and military in Gaza — has become normalized. This is textbook antisemitism. While all this was happening, too many political leaders ran for cover, apparently hoping it would all go away. The mayor of Toronto, Canada’s largest city, to cite just one of many examples, missed three opportunities to publicly stand with her Jewish constituents, including at a public rally calling for the release of the hostages held by Hamas. As concerning, the scope of this “pro-Palestinian” rage and the violence and vandalism that accompany it, has been steadily expanding to include denunciations of Canada and of Canadians in general. The time for all levels of government to address this was more than a year ago in the immediate wake of Hamas’ terrorist attack on Israel on Oct. 7, 2023 — in which seven Canadians were murdered — with methods other than Trudeau and other politicians declaring, ad nauseam, that such displays of Jew hatred are not who we are as Canadians. To the contrary this is exactly what a significant number of Canadians are, or have become, and it’s too late to stop it.NEW YORK (AP) — Top-ranked chess player Magnus Carlsen is headed back to the World Blitz Championship on Monday after its governing body agreed to loosen a dress code that got him fined and denied a late-round game in another tournament for refusing to change out of jeans . Lamenting the contretemps, International Chess Federation President Arkady Dvorkovich said in a statement Sunday that he'd let World Blitz Championship tournament officials consider allowing “appropriate jeans” with a jacket, and other “elegant minor deviations” from the dress code. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Get the latest need-to-know information delivered to your inbox as it happens. Our flagship newsletter. Get our front page stories each morning as well as the latest updates each afternoon during the week + more in-depth weekend editions on Saturdays & Sundays.Every car discontinued in Australia in 2024Global Markerless Motion Capture Software Market Size, Share and Forecast By Key Players-Simi,Theia Markerless,iPi Soft,Vicon Motion Systems,Captury
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