Hope Adebayo, Tak Tateoka help St. Thomas-Minnesota end season with 32-9 victory over Dayton
Hornets vs. Heat Injury Report Today – November 27Just a handful of fights into his UFC career, Tom Aspinall has cemented himself as the heavyweight GOAT, according to renowned MMA coach Firas Zahabi. Firas Zahabi, longtime coach of UFC Hall of Famer Georges St-Pierre, believes Tom Aspinall has surpassed Stipe Miocic as the greatest UFC heavyweight of all time. Aspinall is expected to face Jon Jones in a heavyweight title unification bout next year. The UK superstar sat cage-side as Jones put on one of the most dominant performances of his career, finishing Miocic in Round 3 at UFC 309 . Aspinall, who weighed in as the UFC 309 backup, is the favorite to face Jones if the UFC can lure the lineal heavyweight champion back to the Octagon for another fight. After weeks of teasing retirement, Jones pivoted on that stance in his post-fight interview with Joe Rogan, although he didn’t call out Aspinall by name. Aspinall captured the interim heavyweight title by knocking out Sergei Pavlovich at UFC 295 last year. Jones was originally set to face Miocic in the headliner before withdrawing due to injury. UFC Hall of Famer Michael Bisping and others have touted Aspinall as potentially the next big thing at heavyweight. While Aspinall’s accolades have already put him in high esteem, Zahabi took things a step further, crowning him as the all-time heavyweight king. READ MORE: ‘This is wrong!’... Bellator champs, including Patricio Pitbull, scorch PFL over inactivity Firas Zahabi declares Tom Aspinall as the current heavyweight GOAT In a recent breakdown on the Tristar Gym YouTube channel, coach Zahabi made a bold claim about Aspinall, even before facing Jones in the Octagon. “I think he could be the man who beats Jon Jones and finishes him,” Zahabi said of Aspinall. “I don’t think anybody can last more than two rounds with Aspinall. Nobody in the world. Now, pound-for-pound? That would be a different story. But the fact that he’s the biggest, strongest guy in the world at heavyweight, I don’t think anybody can beat him. “A lot of people say Stipe Miocic is the greatest heavyweight of all time, no he’s not!” Zahabi continued. “He was the greatest heavyweight of all time, then Francis Ngannou dethroned him, and Ngannou proved to be the greatest heavyweight of all time. Now in my mind, unofficially, of course, it’s Tom Aspinall, the greatest heavyweight of all time...very possible [Jones] gets his lights put out.” Jones’ lone defeat came by disqualification against Matt Hamill (illegal elbows) in 2009. The fight could potentially get switched to a no-contest after a recent change to MMA’s unified rules . The closest Jones has come to getting finished in his career was against Alexander Gustafsson at UFC 165. All of Aspinall’s eight UFC wins have concluded inside two rounds, including early victories over Andrei Arlovski and Alexander Volkov. READ MORE: ‘UFC career fact check’... Jake Paul takes shot at Darren Till with Tyron Woodley fight footage Tom Aspinall vs. Jon Jones fight negotiations are a hot topic heading into 2025 Aspinall remains confident the UFC will seal the deal and make the elusive Jones fight happen in 2025. But, Jones has continuously belittled Aspinall in recent weeks , hinting at a super fight with Alex Pereira as his desired return booking. Aspinall’s lone UFC defeat came against Blaydes by injury stoppage in 2022. Since then, he’s avenged the loss to Blaydes and finished Marcin Tybura and Pavlovich. Jones vs. Aspinall is at the top of many UFC fans’ fight wish lists as 2025 draws near. A win over Aspinall would add to Jones’ all-time GOAT case, while Aspinall has the opportunity to make history in dethroning Jones. At 31 years old, Aspinall has already done enough to make himself the heavyweight GOAT, per Zahabi. Time will tell if Aspinall is universally deserving of Zahabi’s eye-opening praise. READ MORE: Umar Nurmagomedov goes on social media tirade in response to Merab Dvalishvili’s pitch to Petr Yan following UFC Macau
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Tech Titans Triumph: The Top 10 Billionaires Who Made Big Gains In 2024Victory Capital Management Inc. boosted its holdings in Morningstar, Inc. ( NASDAQ:MORN – Free Report ) by 12.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,843 shares of the business services provider’s stock after purchasing an additional 1,789 shares during the quarter. Victory Capital Management Inc.’s holdings in Morningstar were worth $5,056,000 at the end of the most recent quarter. A number of other hedge funds have also added to or reduced their stakes in MORN. V Square Quantitative Management LLC bought a new stake in Morningstar in the third quarter worth approximately $30,000. Blue Trust Inc. increased its holdings in Morningstar by 326.9% in the second quarter. Blue Trust Inc. now owns 111 shares of the business services provider’s stock worth $34,000 after purchasing an additional 85 shares in the last quarter. Crewe Advisors LLC bought a new stake in Morningstar in the second quarter worth approximately $35,000. DT Investment Partners LLC bought a new stake in Morningstar in the second quarter worth approximately $36,000. Finally, Venturi Wealth Management LLC increased its holdings in shares of Morningstar by 101.7% during the third quarter. Venturi Wealth Management LLC now owns 121 shares of the business services provider’s stock valued at $39,000 after acquiring an additional 61 shares in the last quarter. 57.02% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In Several equities research analysts have recently commented on MORN shares. StockNews.com upgraded Morningstar from a “hold” rating to a “buy” rating in a report on Friday, November 15th. UBS Group started coverage on Morningstar in a report on Tuesday, October 8th. They set a “buy” rating and a $390.00 price objective for the company. BMO Capital Markets restated an “outperform” rating and set a $352.00 price objective on shares of Morningstar in a report on Wednesday, August 28th. Finally, Redburn Atlantic downgraded Morningstar from a “buy” rating to a “neutral” rating and set a $340.00 price objective for the company. in a report on Wednesday, October 9th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $360.67. Morningstar Trading Up 1.8 % Shares of Morningstar stock opened at $346.21 on Friday. The stock has a fifty day simple moving average of $331.79 and a 200 day simple moving average of $312.64. Morningstar, Inc. has a 12-month low of $269.51 and a 12-month high of $352.55. The company has a market capitalization of $14.85 billion, a P/E ratio of 44.92 and a beta of 1.18. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.55. Morningstar ( NASDAQ:MORN – Get Free Report ) last announced its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $2.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.01 by ($0.01). The company had revenue of $569.40 million for the quarter. Morningstar had a return on equity of 23.28% and a net margin of 14.69%. Morningstar Announces Dividend The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 4th were given a dividend of $0.405 per share. The ex-dividend date was Friday, October 4th. This represents a $1.62 annualized dividend and a yield of 0.47%. Morningstar’s payout ratio is currently 21.40%. Insider Activity at Morningstar In related news, Chairman Joseph D. Mansueto sold 275 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $336.67, for a total transaction of $92,584.25. Following the completion of the transaction, the chairman now owns 10,788,103 shares in the company, valued at approximately $3,632,030,637.01. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Also, Director William M. Lyons sold 750 shares of the stock in a transaction dated Monday, September 30th. The shares were sold at an average price of $316.48, for a total transaction of $237,360.00. Following the transaction, the director now owns 13,590 shares of the company’s stock, valued at approximately $4,300,963.20. The trade was a 5.23 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders sold 61,541 shares of company stock worth $20,234,838. 39.90% of the stock is owned by company insiders. Morningstar Company Profile ( Free Report ) Morningstar, Inc provides independent investment insights in the United States, Asia. Australia, Continental Europe, the United Kingdom, and internationally. The company operates in five segments: Morningstar Data and Analytics; PitchBook; Morningstar Wealth; Morningstar Credit; and Morningstar Retirement. Read More Five stocks we like better than Morningstar How to Evaluate a Stock Before Buying Tesla Investors Continue to Profit From the Trump Trade Dividend Screener: How to Evaluate Dividend Stocks Before Buying MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally Dividend Payout Ratio Calculator Netflix Ventures Into Live Sports, Driving Stock Momentum Receive News & Ratings for Morningstar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morningstar and related companies with MarketBeat.com's FREE daily email newsletter .India and Kuwait Forge Strategic Partnership with Key Defence Pact
The Dow Jones Industrial Average closed at a record high on Tuesday, achieving the milestone less than 24 hours after a tariff pledge from President-elect Donald Trump had sparked fears of a panic in the stock market. The S &P 500 also closed at a record high, surging about 0.55% on Tuesday to end the day at 6,021.63. The Dow ticked up about 0.25% during the day's trading, closing at 44,860.31. The tech-heavy Nasdaq advanced about 0.60%, ending the trading session at 19,174.30. Trading began on Tuesday hours after Trump announced plans to slap tariffs on Canada, China and Mexico by executive order on the first day of his administration. Trump late Monday said he would charge Mexico and Canada with a 25% tariff on all products coming into the United States until action is taken by those country to stem illegal immigration and overflow of drugs across the border. MORE: Trump's tariff plan could raise prices, blow up his own trade deal with Mexico and Canada For China, Trump said that he'd impose an additional 10% tariff on products coming to the U.S. Economists widely forecast that tariffs of this magnitude would increase prices paid by U.S. shoppers, since importers typically pass along a share of the cost of those higher taxes to consumers. Trump's tariffs would cost the average U.S. household about $2,600 per year, according to an estimate from the Peterson Institute for International Economics. This is a developing story. Please check back for updates. ABC News' Lalee Ibssa , Kelsey Walsh, and Soo Rin Kim contributed to this report.MAI Capital Management trimmed its position in UFP Industries, Inc. ( NASDAQ:UFPI – Free Report ) by 13.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,179 shares of the construction company’s stock after selling 808 shares during the quarter. MAI Capital Management’s holdings in UFP Industries were worth $680,000 as of its most recent SEC filing. Other large investors have also recently bought and sold shares of the company. UMB Bank n.a. raised its holdings in UFP Industries by 300.0% in the 3rd quarter. UMB Bank n.a. now owns 192 shares of the construction company’s stock valued at $25,000 after acquiring an additional 144 shares during the period. Headlands Technologies LLC bought a new position in UFP Industries in the 2nd quarter valued at about $29,000. Signaturefd LLC raised its holdings in UFP Industries by 31.8% in the 3rd quarter. Signaturefd LLC now owns 315 shares of the construction company’s stock valued at $41,000 after acquiring an additional 76 shares during the period. Triad Wealth Partners LLC bought a new position in UFP Industries in the 2nd quarter valued at about $56,000. Finally, GAMMA Investing LLC raised its holdings in UFP Industries by 84.2% in the 2nd quarter. GAMMA Investing LLC now owns 512 shares of the construction company’s stock valued at $57,000 after acquiring an additional 234 shares during the period. 81.81% of the stock is owned by institutional investors. UFP Industries Stock Up 2.0 % Shares of UFPI opened at $133.07 on Friday. UFP Industries, Inc. has a 12 month low of $107.49 and a 12 month high of $139.54. The firm’s 50 day moving average is $130.63 and its 200-day moving average is $122.32. The stock has a market capitalization of $8.08 billion, a PE ratio of 18.30 and a beta of 1.39. The company has a current ratio of 4.31, a quick ratio of 3.25 and a debt-to-equity ratio of 0.07. UFP Industries Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be given a dividend of $0.33 per share. The ex-dividend date is Monday, December 2nd. This represents a $1.32 annualized dividend and a dividend yield of 0.99%. UFP Industries’s dividend payout ratio is 18.16%. Analyst Upgrades and Downgrades Several research analysts have weighed in on UFPI shares. BMO Capital Markets increased their price target on shares of UFP Industries from $115.00 to $125.00 and gave the company a “market perform” rating in a report on Wednesday, July 31st. Wedbush reissued an “outperform” rating and issued a $155.00 price target on shares of UFP Industries in a report on Monday, November 4th. Benchmark raised their target price on shares of UFP Industries from $133.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Finally, Stifel Nicolaus raised their target price on shares of UFP Industries from $125.00 to $157.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, UFP Industries currently has an average rating of “Moderate Buy” and a consensus price target of $148.00. Get Our Latest Stock Analysis on UFPI UFP Industries Company Profile ( Free Report ) UFP Industries, Inc, through its subsidiaries, designs, manufactures, and markets wood and non-wood composites, and other materials in North America, Europe, Asia, and Australia. It operates through Retail, Packaging, and Construction segments. The Retail segment offers treated lumber products, including decking, fencing, lattice, and other products; pressure-treated and fire-retardant products used primarily for outdoor decking environments; and lawn and garden products, consisting of wood and vinyl fencing options, garden beds and planters, pergolas, picnic tables, and other landscaping products. Featured Articles Want to see what other hedge funds are holding UFPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UFP Industries, Inc. ( NASDAQ:UFPI – Free Report ). Receive News & Ratings for UFP Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UFP Industries and related companies with MarketBeat.com's FREE daily email newsletter .
Tom Aspinall earns shock ‘greatest heavyweight of all time’ label from revered coach ahead of Jon Jones clashBig Ten slate features Indiana-Ohio State showdown and Penn State-Minnesota matchup Things to watch this week in the Big Ten Conference: No. 5 Indiana (10-0, 7-0 Big Ten, No. 5 CFP ) at No. 2 Ohio State (9-1, 6-1, No. 2 CFP), Saturday, noon ET (Fox) This marks the 98th matchup between these two teams, but it's only the fourth time both teams have been ranked. Although Indiana is unbeaten, its soft schedule means the Hoosiers aren't assured of making the 12-team field if they lose this game. The only team with a winning record that Indiana has beaten is Washington (6-5). Ohio State needs a win to have a realistic shot at a rematch with top-ranked Oregon in the Big Ten championship game. Ohio State has beaten Indiana 28 straight times since the Hoosiers posted back-to-back victories in 1987-88. No. 4 Penn State (9-1, 6-1, No. 4 CFP) at Minnesota (6-4, 4-3), Saturday, 3:30 p.m. (CBS) This is likely Penn State's biggest obstacle on its way to a potential playoff berth. The Nittany Lions' lone remaining regular-season game is a Nov. 30 home matchup with Maryland (4-6, 1-6). Minnesota has had an extra week to prepare this game since its 26-19 loss at Rutgers on Nov. 9, which snapped a four-game winning streak. Penn State and Minnesota have split their last four meetings, with the home team winning each time. Penn State DE Abdul Carter has multiple tackles for loss in each of his last three games. He ranks second among all Bowl Subdivision players in tackles for loss (17 1⁄2). Southern California RB Woody Marks rushed for a career-high 146 yards in a 28-20 win over Nebraska. Marks has six 100-yard rushing performances this season. Rutgers RB Kyle Monangai is the first Scarlet Knight to rush for 1,000 yards in back-to-back seasons since Ray Rice did it three straight years from 2005-07. Monangai has run for 1,028 yards this season and rushed for 1,262 yards last year. Oregon OLB Matayo Uiagalelei recorded a sack and had a game-clinching interception as the top-ranked Ducks won 16-13 at Wisconsin last week. He has 8 1⁄2 sacks this season to rank second in the Big Ten. Four of the top seven Bowl Subdivision quarterbacks in passer rating are from the Big Ten. Indiana's Kurtis Rourke is second, Ohio State's Will Howard is third, Penn State's Drew Allar is fifth and Oregon's Dillon Gabriel is seventh. ... Illinois QB Luke Altmyer has thrown 18 touchdown passes with only three interceptions. The only Power Four quarterback with a better touchdown/interception ratio while throwing at least 10 touchdown passes is Clemson's Cade Klubnik, who has 26 touchdowns and four interceptions. ... Rutgers' three Big Ten wins matches its largest total since joining the league in 2014. Rutgers also had three conference wins in 2014, 2017, 2020 and 2023. A victory Saturday over No. 24 Illinois would give Rutgers three straight Big Ten wins for the first time. ... Washington's 31-19 win over UCLA was its 20th straight home victory, representing its second-longest such streak in school history. The Huskies won 45 straight home games from 1908-17. ... Wisconsin heads to Nebraska this week having won its last 10 matchups with the Cornhuskers. Penn State justifiably is favored on the road against Minnesota, but Bet MGM's 12 1⁄2-point spread seems way too big. Expect this game to have a single-digit margin. Get local news delivered to your inbox!
As the baton of wealth is inherited by younger generations, the heirs of wealthy families are taking a more active role in the impact they seek to create in the world by using the traditionally monolithic family office for more innovative, value-based investments. The great wealth transfer is in full swing as over $100 trillion is projected to be passed down from the older generations to their heirs through 2048 in the United States, according to a December report by research and consulting firm Cerulli Associates. > 24/7 San Diego news stream: Watch NBC 7 free wherever you are "There's a big intergenerational wealth transfer, but the preferences of the baby boomers are starkly different from the preferences of ... millennials," Nirbhay Handa, CEO of global migration platform Multipolitan, told CNBC Make It . "Now you have this younger generation which really believes that profit and progress should go hand in hand," Handa said. Millennials (ages 27 to 42) and Generation X (ages 43 to 58) stand to be the biggest beneficiaries of the wealth transfer, and are expected to inherit about $85 trillion between 2024 to 2048, according to the report. Generation Z and younger generations (ages 27 and younger) are expected to inherit over $15 trillion. Money Report Stock futures inch higher as the market heads into holiday-shortened week: Live updates Amtrak temporarily suspends Northeast Corridor service days before holiday Notably, the majority of wealth transfer will come from high-net-worth (HNW) and ultra-high-net-worth (UNHW) families, who together make up around 2% of all households, according to the report. These families are expected to contribute to over 50% of the transfers, or about $62 trillion. Compared to the baby boomers and older generations, "[younger generations] are less motivated by money, if I generalize, and much more [motivated by] contributing to society," said Martin Roll, an INSEAD Distinguished Fellow and family business and family office expert for McKinsey and Company. "They look out the front window [and ask]: 'What's ahead here? What are the big questions of our time?'" Gen X and millennials are concerned with societal impact — topics like climate change, diversity, health and wellness and hedging against geopolitical conflict are top of mind, said Handa. "I think sustainability and the whole ESG narrative is extremely robust [among younger generations]," the Multipolitan CEO added. "So they may not be interested in investing in fossil fuels or oil and gas, but they're very interested in investing in a company like Oatly ... or Beyond Meat," said Handa. This shift in investing attitudes by younger generations came out of necessity, said Handa. "People are seeing wars, [they're] seeing the impact of climate change... there's a lack of drinking water in many parts of the world," he explained. "As a result of that, this generation has become more resolute on focusing on things which are aligned with their personal values." "The challenges are real ... yes, we talked about cliamate in the 60s and 70s, you'll find them in the American newspapers then, but it was just a little more abstract. Now, it's real. Storms are coming, flooding is happening, hurricanes are more often... it's proof [and] they see it," said Roll. Another major shift can be seen in how some family offices are run. "The whole idea of family offices is less rigid than it used to be... Family Offices have become centers of innovation," said Handa. Having grown up in the age of digitization, the younger generations of wealthy families are investing more into technology and startups. They seek to discover and invest in technologies that can be a "lever for impact," said Roll. "For example, investing in climate tech, edtech, food treatment, water treatment, natural resources, renewable energy." In addition, younger generations are more active in how they invest through their family offices. "30 years ago, family offices were primarily the equity stakes from the company that the family owns through the family office, and would be tied up in real estate, some broader public equities and [overall, it would be a] passive portfolio," said Roll. Today, however, family offices are increasingly making direct investments into private companies, which is not traditional, Roll added. "The parents used to be what I call monolithic — they ran one business, but the younger people coming in may not be interested in chemicals, which is the main business, therefore they start to diversify [through] the family office," said Roll. Although it is true that wealth has always changed hands, the significance of the Great Wealth Transfer of our generation can be explained by looking back at the third wave of the industrial revolution. "It was really that industrialization of particularly, the Western world, that took place in the 50s and 60s, ultimately, with the rise of America after World War Two, and Europe — a lot of wealth was created," said Roll. Out of this post-war "boom," there were about 40 years of "outstanding economic activity," which led to the creation of new industries, big businesses and ultimately, the rise of the middle class in the U.S. and Europe, said Roll. "Therefore, jobs were created ... Everyone got a car, people got a house ... so you got a lot of major shifts that enabled that kind of wealth creation," Roll told CNBC Make It. It was this senior generation that really built "the world and the wealth after World War Two," and "that wealth, including business stakes, is now getting passed on to Gen X, but also to, of course, younger people," said Roll. Overall, as trillions of dollars change hands, what does this mean for the world? "This massive shift in money means the way things were done in the past is not necessarily how things will be done in the future," said Handa. "This era is about vitality and vibrancy and engagement. It's about democratization, it's about aspiration, it's about accessibility," Handa said. "Investment preferences are changing and legacy institutions need to adapt to the new world." Ultimately, as the younger generations inherit the wealth, Roll said: "I think you will see the money [doing] good work. It will be reinvested in the economy ... in technology, and I think in some of the big challenges of our time: climate, gender issues, minorities, villages, poor people and basic [education]." Want to make extra money outside of your day job? Sign up for CNBC's online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life. Also on CNBC How to prioritize who to tip during the holidays, according to etiquette experts I spent $34,563.38 to travel the world for 18 months: My budget breakdown I’m a CFP—here are the top 4 tips I give my friends on how to avoid overspending
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