
CBC resurrects plans for live New Year’s Eve broadcast specialsTORONTO — Canada's main stock index lost nearly 250 points Thursday, led by weakness in energy and base metals, while U.S. markets also fell. The S&P/TSX composite index closed down 246.99 points at 25,410.71. In New York, the Dow Jones industrial average was down 234.44 points at 43,914.12. The S&P 500 index was down 32.94 points at 6,051.25, while the Nasdaq composite was down 132.05 points at 19,902.84. “I think the markets had some time to now digest where rates could be going into the near term,” said Adelaide Chiu, portfolio manager, vice-president and head of responsible investing at NEI Investments. On Wednesday, the Bank of Canada announced an outsized half-percentage point interest rate cut and signalled it would slow the pace of cuts going forward. “With the policy rate now substantially lower, we anticipate a more gradual approach to monetary policy if the economy evolves broadly as expected," said Bank of Canada governor Tiff Macklem. And in the U.S., the monthly report on consumer inflation came in largely as expected, helping set the stage for a quarter-point cut by the U.S. Federal Reserve next week. Globally, interest rate cuts are moderating as inflation reaches targets, Chiu said. On Thursday, the European Central Bank cut rates by a quarter of a percentage point while the Swiss National Bank cut by half a percentage point. A year ago, market watchers couldn’t have predicted just how much equities would rise in 2024, said Chiu. “Earnings growth itself has been quite modest, but the market has done very well,” she said. “It’s really a movement of the interest rates that has really impacted valuations for a lot of these companies in the market.” Now, the news is largely focused on the incoming U.S. president and whether his threatened tariffs will come to pass, Chiu said. The Canadian dollar traded for 70.48 cents US compared with 70.65 cents US on Wednesday. The January crude oil contract was down 27 cents at US$70.02 per barrel and the January natural gas contract was up eight cents at US$3.46 per mmBTU. The February gold contract was down US$47.30 at US$2,709.40 an ounce and the March copper contract was down a penny at US$4.20 a pound. -- With files from The Associated Press This report by The Canadian Press was first published Dec. 12, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Rosa Saba, The Canadian Press
S&P/TSX composite down nearly 250 points, U.S. stock markets also fall TORONTO — Canada's main stock index lost nearly 250 points Thursday, led by weakness in energy and base metals, while U.S. markets also fell. The S&P/TSX composite index closed down 246.99 points at 25,410.71. Rosa Saba, The Canadian Press Dec 12, 2024 1:46 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message A street sign along Bay Street in Toronto's financial district is shown on Tuesday, Jan. 12, 2021. THE CANADIAN PRESS/Nathan Denette Listen to this article 00:01:37 TORONTO — Canada's main stock index lost nearly 250 points Thursday, led by weakness in energy and base metals, while U.S. markets also fell. The S&P/TSX composite index closed down 246.99 points at 25,410.71. In New York, the Dow Jones industrial average was down 234.44 points at 43,914.12. The S&P 500 index was down 32.94 points at 6,051.25, while the Nasdaq composite was down 132.05 points at 19,902.84. “I think the markets had some time to now digest where rates could be going into the near term,” said Adelaide Chiu, portfolio manager, vice-president and head of responsible investing at NEI Investments. On Wednesday, the Bank of Canada announced an outsized half-percentage point interest rate cut and signalled it would slow the pace of cuts going forward. “With the policy rate now substantially lower, we anticipate a more gradual approach to monetary policy if the economy evolves broadly as expected," said Bank of Canada governor Tiff Macklem. And in the U.S., the monthly report on consumer inflation came in largely as expected, helping set the stage for a quarter-point cut by the U.S. Federal Reserve next week. Globally, interest rate cuts are moderating as inflation reaches targets, Chiu said. On Thursday, the European Central Bank cut rates by a quarter of a percentage point while the Swiss National Bank cut by half a percentage point. A year ago, market watchers couldn’t have predicted just how much equities would rise in 2024, said Chiu. “Earnings growth itself has been quite modest, but the market has done very well,” she said. “It’s really a movement of the interest rates that has really impacted valuations for a lot of these companies in the market.” Now, the news is largely focused on the incoming U.S. president and whether his threatened tariffs will come to pass, Chiu said. The Canadian dollar traded for 70.48 cents US compared with 70.65 cents US on Wednesday. The January crude oil contract was down 27 cents at US$70.02 per barrel and the January natural gas contract was up eight cents at US$3.46 per mmBTU. The February gold contract was down US$47.30 at US$2,709.40 an ounce and the March copper contract was down a penny at US$4.20 a pound. -- With files from The Associated Press This report by The Canadian Press was first published Dec. 12, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Rosa Saba, The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Business Creditors approve proposed $32.5B deal with tobacco giants today: lawyer Dec 12, 2024 3:26 PM Vancouver Island First Nation whose ancestors met explorer Capt. Cook sue province Dec 12, 2024 3:16 PM Manitoba premier eyes list of possible retaliatory measures for U.S. tariffs Dec 12, 2024 3:10 PM Featured Flyer
Review committees face scrutiny in states that restrict abortionCMC Publishes 2024 Sustainability Report
Aam Aadmi Party (AAP) chief and former Delhi chief minister Arvind Kejriwal was allegedly attacked after a man threw liquid on him during his padyatra in the national capital’s Malviya Nagar on Saturday, November 30. The man was immediately overpowered and handed over to the police. A video of the incident has gone viral on social media. It shows a beaming Kejriwal shaking hands with his supporters when suddenly the accused throws a liquid at him. Kejriwal’s security immediately shields the him from further attacks. VIDEO | Security personnel overpowered a man who apparently tried to attack AAP national convener Arvind Kejriwal during padyatra in Delhi's Greater Kailash area. More details are awaited. pic.twitter.com/aYydNCXYHM AAP has responded strongly to the attack claiming that the attacker is associated with the Bharatiya Janata Party (BJP). AAP also made a reference of the growing law and order decline in the Union Territory and threw light on the Delhi Police inability to curb it. It should be noted that being a Union Territory, the Delhi Police is governed by the Union Home Ministry and not the Delhi government. Delhi Chief Minister Atishi Marlena took to X stating that BJP was ‘nervous’ for the upcoming Delhi Assembly election in 2025. “Today in broad daylight, a BJP worker attacked Kejriwal-ji. The BJP is feeling very nervous about losing the Delhi elections for the third time. Delhi people will take revenge for such cheap acts. Last time they got eight seats, this time Delhi people will give zero seats to BJP,” her X post read. आज दिन दहाड़े भाजपा के कार्यकर्ता ने @ArvindKejriwal जी पर हमला किया। दिल्ली का चुनाव तीसरी बार हारने की बौखलाहट भाजपा में दिख रही है। भाजपा वालों: दिल्ली के लोग ऐसी घटिया हरकतों का बदला लेंगे। पिछली बार 8 सीटें आयीं थी, इस बार दिल्ली वाले भाजपा को ज़ीरो सीट देंगे pic.twitter.com/LgJGN1aQ0T Delhi minister Saurabh Bharadwaj alleged the attacker wanted to set Kejriwal afire after throwing spirit on him. In a post on X, Bharadwaj also alleged that the attacker was connected with the BJP. “एक हाथ में स्पीरिट और दूसरे हाथ में माचिस... आज अरविंद केजरीवाल को ज़िंदा जलाने की कोशिश की गई... वे जब से पदयात्रा कर रहे हैं, भाजपा को नींद नहीं आ रही है... आरोपी, नरेंद्र मोदी, योगी, संगीत सोम आदि को फॉलो करता है. इसके fb पर BJP का id card भी है” – PC में मंत्री @Saurabh_MLAgk pic.twitter.com/5AVjqzqe2d On Saturday evening, Kejriwal was greeting people standing behind a cordon when the man approached him and splashed some liquid on him, following which the security personnel swiftly overpowered him. Kejriwal and the security personnel accompanying him were later seen wiping their faces. “A man threw spirit on him (Kejriwal). We could smell it. And there was an attempt to burn him (Kejriwal) alive. “The man was carrying spirit in one hand and a matchbox in the other hand. He threw spirit that fell on Kejriwal and me... but he could not start the fire. Our alert volunteers and the public caught him,” Bharadwaj claimed in a press conference.
The King is scheduled to attend the show at London’s Royal Albert Hall on Friday which will see Sir Elton John and his husband David Furnish present a musical number from their new show The Devil Wears Prada – based on the 2006 Oscar-nominated film. Cast members Vanessa Williams, who plays Miranda Priestly, and Matt Henry, who stars as art director Nigel, were among those posing on the red carpet ahead of the performance which showcases an original score by Sir Elton. The variety show will also see debuts from British singer Sophie Ellis-Bextor with her hit track Murder On The Dancefloor while Eurovision winner Nemo is also featured on the bill. Also posing on the carpet were US magicians and comedy duo Penn and Teller, whose performance marks their 50th anniversary. Comedy will come from Ted Lasso star Ellie Taylor, writer and comic Scott Bennett, Scottish comedian Larry Dean and political comic Matt Forde – who posed on the red carpet with a crutch after undergoing surgery for cancer on his spine. Among the arrivals was TV presenter Lorraine Kelly, who will make an appearance in this year’s show with her Change And Check Choir led by Wet Wet Wet singer Marti Pellow. The choir, made up of women from across the UK who detected their breast cancer through Kelly’s campaign, will perform Love Is All Around, which is being re-released to raise awareness of breast cancer early detection. It comes hours after Camilla insisted the “show must go on” after pulling out of attending the performance on Friday evening as doctors advised that she should prioritise rest. A Buckingham Palace spokesperson said: “Following a recent chest infection, the Queen continues to experience some lingering post-viral symptoms, as a result of which doctors have advised that, after a busy week of engagements, Her Majesty should prioritise sufficient rest. “With great regret, she has therefore withdrawn from attendance at tonight’s Royal Variety Performance. His Majesty will attend as planned.” A royal source said the Queen was “naturally disappointed to miss the evening’s entertainments and sends her sincere apologies to all those involved, but is a great believer that ‘the show must go on'”. “She hopes to be back to full strength and regular public duties very soon,” the source added. The Royal Variety Performance will air on ITV1, ITVX, STV and STV Player in December. Money raised from the show will go to help people from the world of entertainment in need of care and assistance, with the Royal Variety Charity launching an initiative to help those with mental health issues this year.
Jim Alexander: They talk about “winning the press conference” – shorthand for an acquisition or coaching hire that’s more splash than substance. Given Bill Belichick’s historic reticence with the media, I’m not sure that’s what the University of North Carolina did Wednesday. But win the announcement? No doubt. Hiring the 72-year-old Belichick , winner of six Super Bowls in New England and also famously reluctant to share decision-making duties, to his first college coaching job seems weird at first glance, and also at second and third. Asking a guy who referred to America’s favorite photo sharing app as “Instaface” a while back – which is actually, I believe, a Belichick running joke – to try to connect with young people for whom social media is almost more important than eating? Good luck with that. But this isn’t as nutty as it appears, in my mind, for one reason: College football is becoming more professionalized by the day. NIL agreements, the transfer portal, players represented by agents, a future where schools themselves will pay the players, and maybe even unionization down the road? Guys whose whole careers have been spent in college football are starting to wonder if they can handle these changes. So why not bring in an NFL coach to help with this transition? Especially one with the résumé of Belichick? It’s a risk, but who’s to say he can’t handle the transition to coaching 18- to 22-year-olds better than college football lifers can when it comes to dealing with agents, rustling up NIL money, etc.? And yes, I realize there’s a slight flaw in that logic, because Chip Kelly was both a college and a pro head coach, and we saw how little energy he directed toward NIL matters and how far back it set UCLA’s program. Will Belichick lean into it with more energy? We’ll see. What do you think, Mirjam? They’re already putting up betting propositions – in this case, at BetOnline.ag – on not only North Carolina’s record under Belichick this coming season but how many power conference transfers will come to UNC (the over/under is four), how many years he’ll stay (21⁄2, or half his contract), and – get this one – What will happen first with Bill Belichick’s 20-something girlfriend? Enroll in classes at UNC or date a UNC football player? Yeesh! Mirjam: Wait, are there really odds on that last one? Oh boy. You mentioned Chip Kelly, and I’ve also been thinking about his up-and-down track record, in college and the pros, since he caught lightning in a bottle at Oregon. Also about Deion Sanders, who has been anything but traditional in how he’s approached his job at Colorado – making recruits come to him, being up front about treating the transfer portal as free agency – and how that has transformed the Buffs from doormat to contender in two short years. And how before that, he was at Jackson State from 2020 to 2022. But Belichick doesn’t have the charisma Coach Prime does. Sure, he’s got his own aura as the NFL’s greatest modern coach, and if he wants control – which is a large piece of why he hasn’t been invited to coach another NFL team – he’d have it as a college coach, where reports are that UNC will increase its NIL package for football to $20 million from $4 million. But will he be too blunt for today’s college player, who isn’t contractually obligated to stay anywhere longer than a year? Too honest and critical in his assessments? Will he simply pass on the fanfare and glad-handing that’s supposed to be required of college coaches? We’re gonna find out. But if I were betting, I wouldn’t bet on North Carolina becoming a powerhouse under Belichick. Or even on Belichick loving the gig, because you can take the amateurism out of college football, but still it’s not the NFL. Jim: I’d take the under on the 21⁄2 years, and that has nothing to do with age or energy. Trust me, I’m the last guy who would call someone too old to do whatever. But college football is different, especially in that region of the country. I saw something a while back in the Washington Post which suggested that the hatred for rivals in college football is a feature and not a bug. And that intensity of emotion extends to everything involving the sport, which is why alumni and boosters play such a large role. Let Belichick start out, say, 2-4, and see what the reaction is. Yeah, NFL fans can be rabid, but it’s nothing compared to the way emotions seesaw in college football nation. All of that said, I stand on the premise that the changes in college football – in all of college sports – require an adjustment in the way coaches and athletic departments do business, and I’m not sure the old idea of the program as the coach’s fiefdom applies any longer. More programs in football and basketball are hiring “general managers,” which are positions to oversee NIL payments and the groups that make them – and, ultimately, the disbursements from the schools themselves – and probably also will have a role in player personnel matters. As an aside, the one guy I’m sure – positive, actually – could handle this transition seamlessly has been teaching classes at USC this fall. Pete Carroll made the switch from pro to college the first time and built a dynasty, made the switch from college back to the NFL and built a Super Bowl champ in Seattle, and if he wanted to and felt up to it I’m sure he could handle the new era of college football. (And let’s hear no talk about extra benefits or the like during Carroll’s USC run. You really don’t think stuff was happening elsewhere? The beauty of today’s system is that everything everywhere is above the table now.) Next subject: Is the transfer portal out of control? Is it approaching, or has it already gotten to, the point where there’s too much movement and requires some additional limitations? Old friend Lane Kiffin came out and said what I’m sure lots of other people in the game are thinking: The timing – the combination of the transfer portal opening and early signing day right around the time teams are preparing for bowl or playoff games – is “dumb.” He’s right, but it’s another consequence of a sport that has no leadership and thus has become pure chaos. How do we solve this? I say the first step would be to make Kiffin college football’s first commissioner, but that’s just me. Mirjam: It’s a whirlwind, for sure. Utter chaos. And that free agency is happening on the eve of bowl games tells you everything you need to know about how little college football values bowl games anymore. There’s something to be said for giving athletes agency in a game where coaches come and go all the time. There’s something to their being categorized as employees and given rights as employees, free to give notice and change jobs when they find a better one. Shoot, the non-athletic regular people studying on college campus known as students are free to transfer schools whenever they like, too. But there’s also something to be said about the grass not always being greener. We’ve heard stories about programs allegedly reneging on payment promises, for one. And despite whatever tampering abounds, athletes have to be careful before jumping into the portal with both feet – and it’s doubtful most of them are, considering how incredibly many are transferring. Like, will starting from scratch – or maybe not scratch, but as a player whose last situation didn’t work out – be for the best? Will they really end up in a better situation when the music stops and everyone’s fighting for a seat? Maybe, every case will be its own. It’s hard to know in a scene so chaotic. So, yes, Lane Kiffin, or a conference commission – as Chip Kelly suggested – or some entity helping create and enforce transfer guidelines would sure help everyone. Jim: My suggestion, beyond having someone – anyone – fully in charge of all of the sport’s various stakeholders? Employment, and contracts. This is something the NCAA is resisting with all of its might, while hoping for Congress to hand out an antitrust exemption. But it might be the only way to restore sanity to the process. Make players employees, with signed contracts – could be one year, could be two, could be four years for true stars, could include option years. The system would allow players free agency but would also give programs a certain amount of certainty from year to year, as opposed to a coach walking into the locker room after the final regular-season game and wondering how many of these guys will opt to stay. Another advantage: Those contracts would include bowl games, and there would be no more sitting out just because. That’s something that drives college football people crazy. And we have to understand: College football is a different beast from every other sport on campus. Other sports may come up with different rules. Other levels – Group of Five, mid-major basketball schools, etc. – will have different needs and require different rules as well. But again, a leadership vacuum at the top helps nobody, aside from FOX and ESPN. Before we go, however, we must note that 2024, the first year without the Pac-12 as we knew it, turns out to have been a statement on behalf of college football in the West. Oregon – your alma mater, Mirjam – is the top seed in the College Football Playoff. Fellow Pac-12 refugee Arizona State is in the mix as champion of the Big 12 and the Sun Devils’ coach, Kenny Dillingham, is a former Oregon guy. Boise State will represent the Mountain West (and future reconstituted Pac-12) in the field. Meanwhile, three of the four Heisman Trophy finalists are from the West – Oregon’s Dillon Gabriel, Colorado’s Travis Hunter and Boise State’s Ashton Jeanty. Makes me miss the old Pac-12 a little more. Mirjam: Right?! How ’bout them Ducks? Both top-ranked/seeded Oregon and Dillingham. Season’s not over yet, but what a showing by the westerners ... and what that tells me is, yes, it’s a shame the Pac-12 is no more. But also, Oregon – with its 14 transfers in starting roles and a reported $23 million in NIL money – is good at playing the modern game. And so too is Dillingham, who has used a few of his postgame press conferences as marketing opportunities, making direct pitches to Arizona businesses to funnel money into the program: “If you had fun watching [Cam Skattebo] play and make those plays, it was there all night ... because it’s a different day and age in college football. And if that was something that we want to continue to do, then what’s that saying? Pay the man his money, right? Isn’t that a saying? Pay the man his money. Pay these guys what they deserve to be paid because right now our team is underpaid. We’re doing more with guys who just got it out the mud, but eventually you should get what you deserve. Our guys deserve more ...” Now imagine Belichick making that kind of pitch.Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Wingstop Inc. ( NASDAQ:WING – Free Report ) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 11,976 shares of the restaurant operator’s stock, valued at approximately $4,983,000. Several other hedge funds and other institutional investors have also added to or reduced their stakes in WING. Hollencrest Capital Management bought a new position in shares of Wingstop during the 2nd quarter worth approximately $27,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Wingstop in the second quarter valued at approximately $34,000. Massmutual Trust Co. FSB ADV increased its position in shares of Wingstop by 60.3% during the second quarter. Massmutual Trust Co. FSB ADV now owns 93 shares of the restaurant operator’s stock valued at $39,000 after acquiring an additional 35 shares during the last quarter. V Square Quantitative Management LLC lifted its holdings in Wingstop by 60.6% during the third quarter. V Square Quantitative Management LLC now owns 106 shares of the restaurant operator’s stock worth $44,000 after acquiring an additional 40 shares during the period. Finally, Blue Trust Inc. boosted its position in Wingstop by 384.6% in the third quarter. Blue Trust Inc. now owns 126 shares of the restaurant operator’s stock worth $53,000 after purchasing an additional 100 shares during the last quarter. Wingstop Stock Down 0.2 % Shares of WING opened at $337.60 on Friday. Wingstop Inc. has a twelve month low of $229.27 and a twelve month high of $433.86. The stock has a market cap of $9.86 billion, a PE ratio of 98.43, a P/E/G ratio of 3.15 and a beta of 1.76. The business’s 50-day moving average price is $371.30 and its 200-day moving average price is $382.48. Wingstop Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a $0.27 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.32%. Wingstop’s dividend payout ratio (DPR) is presently 31.49%. Analyst Ratings Changes Several brokerages have recently issued reports on WING. Stephens decreased their target price on Wingstop from $490.00 to $468.00 and set an “overweight” rating for the company in a research report on Thursday, October 31st. Barclays decreased their price objective on shares of Wingstop from $470.00 to $380.00 and set an “overweight” rating for the company in a report on Thursday, October 31st. Wedbush reiterated an “outperform” rating and issued a $390.00 target price on shares of Wingstop in a research note on Tuesday, November 5th. Citigroup raised their price target on shares of Wingstop from $417.00 to $440.00 and gave the stock a “neutral” rating in a research note on Friday, October 4th. Finally, Truist Financial upped their price objective on Wingstop from $407.00 to $423.00 and gave the company a “hold” rating in a research note on Thursday, August 1st. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, Wingstop currently has an average rating of “Moderate Buy” and a consensus target price of $368.74. View Our Latest Research Report on WING Wingstop Profile ( Free Report ) Wingstop Inc, together with its subsidiaries, franchises and operates restaurants under the Wingstop brand. Its restaurants offer classic wings, boneless wings, tenders, and hand-sauced-and-tossed in various flavors, as well as chicken sandwiches with fries and hand-cut carrots and celery that are cooked-to-order. Further Reading Want to see what other hedge funds are holding WING? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wingstop Inc. ( NASDAQ:WING – Free Report ). Receive News & Ratings for Wingstop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wingstop and related companies with MarketBeat.com's FREE daily email newsletter .Quest Partners LLC bought a new stake in shares of Kite Realty Group Trust ( NYSE:KRG – Free Report ) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 23,760 shares of the real estate investment trust’s stock, valued at approximately $631,000. Other institutional investors have also recently made changes to their positions in the company. State of Alaska Department of Revenue raised its position in Kite Realty Group Trust by 0.4% during the third quarter. State of Alaska Department of Revenue now owns 128,378 shares of the real estate investment trust’s stock valued at $3,408,000 after purchasing an additional 484 shares during the period. Marcum Wealth LLC raised its holdings in Kite Realty Group Trust by 1.4% during the 3rd quarter. Marcum Wealth LLC now owns 40,855 shares of the real estate investment trust’s stock valued at $1,085,000 after buying an additional 571 shares during the period. Legacy Wealth Asset Management LLC lifted its position in Kite Realty Group Trust by 2.9% in the third quarter. Legacy Wealth Asset Management LLC now owns 23,688 shares of the real estate investment trust’s stock worth $629,000 after buying an additional 671 shares during the last quarter. United Services Automobile Association boosted its stake in Kite Realty Group Trust by 4.6% during the second quarter. United Services Automobile Association now owns 17,781 shares of the real estate investment trust’s stock worth $398,000 after buying an additional 777 shares during the period. Finally, First Trust Direct Indexing L.P. boosted its stake in Kite Realty Group Trust by 4.2% during the third quarter. First Trust Direct Indexing L.P. now owns 22,400 shares of the real estate investment trust’s stock worth $595,000 after buying an additional 910 shares during the period. Institutional investors own 90.81% of the company’s stock. Kite Realty Group Trust Stock Performance Shares of Kite Realty Group Trust stock opened at $27.41 on Friday. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.97. The stock’s fifty day moving average price is $26.39 and its 200-day moving average price is $24.31. The firm has a market cap of $6.02 billion, a P/E ratio of -679.75, a P/E/G ratio of 3.80 and a beta of 1.29. Kite Realty Group Trust has a 12 month low of $19.64 and a 12 month high of $27.94. Kite Realty Group Trust Increases Dividend Analyst Upgrades and Downgrades Several equities research analysts have recently issued reports on the stock. Piper Sandler raised their target price on shares of Kite Realty Group Trust from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Tuesday, September 3rd. Raymond James raised Kite Realty Group Trust from a “market perform” rating to a “strong-buy” rating and set a $28.00 target price on the stock in a research note on Friday, August 16th. Wells Fargo & Company raised Kite Realty Group Trust from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $23.00 to $26.00 in a research note on Wednesday, August 28th. Robert W. Baird upped their price objective on Kite Realty Group Trust from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Finally, KeyCorp lifted their target price on Kite Realty Group Trust from $28.00 to $31.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Kite Realty Group Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.86. Check Out Our Latest Stock Report on KRG Insider Transactions at Kite Realty Group Trust In related news, Director Steven P. Grimes sold 37,295 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $26.80, for a total value of $999,506.00. Following the completion of the transaction, the director now owns 732,252 shares of the company’s stock, valued at $19,624,353.60. The trade was a 4.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website . Corporate insiders own 2.00% of the company’s stock. Kite Realty Group Trust Company Profile ( Free Report ) Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. Read More Receive News & Ratings for Kite Realty Group Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kite Realty Group Trust and related companies with MarketBeat.com's FREE daily email newsletter .If you're on the hunt for a new games console in the Black Friday sales, you might want to take a look at PlayStation's virtual reality headset. The PlayStation VR2 has been slashed to £339 at Amazon, marking a whopping £190.99 off its usual price of £529.99 and the cheapest it's ever been, according to price tracker camelcamelcamel . The deal is also available at Currys and Very , while PlayStation Direct is offering it for £349.99. PlayStation has also cut the cost of the PS VR2 and Horizon Call of the Mountain bundle to £349.99, which is the same price as buying the device on its own. The PS VR2 lets you dive into your PS5 games in virtual reality, boasting 4K HDR visuals and up to 120fps, all displayed on two 2000x2040 OLED screens that offer over four times the resolution of the original PS VR. It also offers a wide 110o field of view and eye tracking, which follows your eye movements for an even more immersive experience, reports the Express . READ MORE: Samsung is giving away free Galaxy Buds3 Pro if you do one thing this Black Friday weekend READ MORE: Grab a PS5 DualSense controller for under £40 in Amazon's Black Friday weekend sale For those in the market for a more affordable virtual reality experience, Meta has recently launched a budget-friendly version of its Quest headset, the Meta Quest 3S . Several retailers have reduced this model for Black Friday including Currys and EE , which offer it for £275, while prices at Meta Direct start at £289.99. The VR2 comes with built-in motor feedback in the headset – providing subtle vibrations that match the in-game action – and 3D Audio for total game immersion. The latest model also features the upgraded PS VR2 Sense controller, letting you interact with virtual items and environments and feel realistic responses through haptic feedback. It's worth noting the PS VR2 requires a PS5 console , with a simple cable one-cable connection linking the headset to your PS5. There are more than 300 top PlayStation games that are compatible with the VR2, including Resident Evil 4 Remake, No Man's Sky and Gran Turismo 7. PlayStation direct also offers a free trial of Horizon Call of the Mountain, a new instalment of the hit franchise designed specifically for the PS VR2. The gadget has racked up a solid 4.3-star rating from 250 reviews on Amazon, 207 of which are four and five-star. 'PS VR2 is the best entry into high-end VR if you have a PS5, the technology is groundbreaking' (Image: (Image: Amazon)) One happy customer said: " PS VR2 is by far the best entry into high-end VR if you have a PS5. It is truly a technological marvel and has given me so much enjoyment. The headset is practically plug and play, which gives it a huge advantage against PCVR, and the package of a PS5/PS VR2 is comparatively inexpensive when factoring in the quality of the experience. When I compared the PS VR2 to the Quest 2 I initially thought it seemed expensive, however, after seeing the gameplay differences it is clear the Quest 2 and the Quest 3 are simply a different type and altogether inferior headsets. The technology is truly groundbreaking and works seamlessly." Another said: "Wow, I can never play a non-VR game again. Set up is easy with on-screen instructions. Picture is clear enough, but won't be anywhere near as sharp as your 4K TV – but it's true 3D, the feeling of realism and depth far outweighs the lack of clarity. It's like saying a cinema screen isn't as sharp as your smaller 4K TV – maybe it isn't, but it's a better experience. [In] Gran Turismo 7 for example, you are literally inside the car, the steering wheel and instruments look like they are really there. It's so realistic; look at the wheel, that's sharp and [the] distance is blurry, look at the distance, the dash is out of focus. It literally behaves like viewing things in the real world." A third satisfied shopper said: "Brilliant piece of tech, perfect for VR gaming. Some of the games are visually mind blowing. The setup is nice and easy, just one cable feeding into the PS5, and once the controllers are set up, you're good to go. Eye tracking is great, your surroundings are blurred out and it focuses solely on what you're looking at directly as the image sharpens, making what you're looking at pop. The rumbles you get in the headset and in the controllers are a great feature and definitely add to the immersion. If you're new to VR games or a big VR gamer, go for it, you won't be disappointed." However, despite their glowing five-star review, the same user highlighted some negatives, stating: "The headset itself isn't comfortable, I might need to mess around with the settings to fit my face better. [Another] drawback is the lack of video apps, as this would make the machine complete. I feel like Sony is missing a trick on this one, they need to put more effort into the software, as the hardware is fantastic."
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WEST PALM BEACH, Florida, EE.UU. (AP) — El presidente electo de Estados Unidos, Donald Trump, amenazó el sábado con imponer aranceles de 100% a las naciones del BRICS si toman medidas para socavar al dólar estadounidense. La alianza de los BRICS está compuesta por Brasil, Rusia, India, China, Sudáfrica, Egipto, Etiopía, Irán y Emiratos Árabes Unidos. Turquía, Azerbaiyán y Malasia han solicitado la membresía, y varios otros países han expresado su interés en unirse. Aunque el dólar estadounidense es, por mucho, la moneda más utilizada en los negocios internacionales y ha sobrevivido a desafíos anteriores, los miembros del BRICS y otras naciones en desarrollo dicen estar hartos de la hegemonía de Estados Unidos en el sistema financiero global. El dólar representa aproximadamente el 58% de las reservas de divisas extranjeras del mundo, según el FMI, y las principales materias primas, como el petróleo, todavía se compran y venden principalmente en dólares. Sin embargo, el dominio del dólar está bajo amenaza, dado el mayor PIB de los BRICS y la intención de la alianza de comerciar en otras monedas, un proceso conocido como desdolarización. En una publicación en Truth Social, Trump dijo que “requerimos un compromiso de estos países de que no crearán una nueva moneda BRICS, ni respaldarán ninguna otra moneda para reemplazar al poderoso dólar estadounidense, o enfrentarán aranceles de 100%, y deberían olvidarse de vender en la maravillosa economía de Estados Unidos”. En una cumbre de naciones del BRICS en octubre, el presidente ruso, Vladímir Putin, acusó a Estados Unidos de usar el dólar como arma y describió el hecho como un “gran error”. “No somos nosotros quienes nos negamos a usar el dólar”, dijo Putin en ese momento. “Pero si no nos dejan trabajar, ¿qué podemos hacer? Nos vemos obligados a buscar alternativas”. Rusia ha impulsado específicamente la creación de un nuevo sistema de pagos que ofrecería una alternativa a la red global de mensajería bancaria SWIFT y permitiría que Moscú esquive las sanciones occidentales y comercie con sus socios. Trump dijo que no hay “ninguna posibilidad” de que el bloque BRICS reemplace al dólar estadounidense en el comercio global, y que cualquier país que intente hacerlo “debería despedirse de Estados Unidos”. Investigaciones muestran que el papel del dólar estadounidense como la principal moneda de reserva global no está amenazado en el futuro cercano. Un modelo del Atlantic Council que evalúa el lugar del dólar como la principal moneda de reserva global afirma que el dólar está “seguro en el corto y mediano plazo” y continúa dominando a otras monedas. Trump hizo la última amenaza contra el BRICS después de que amenazó con imponer aranceles del 25% a todos los productos importados desde México y Canadá, y un impuesto adicional del 10% a los bienes de China, como una forma de obligar a los países a tomar medidas para detener el flujo de migrantes y drogas hacia Estados Unidos. Desde entonces, sostuvo una llamada con la presidenta mexicana Claudia Sheinbaum, quien dijo el jueves que confía en que se pueda evitar una guerra arancelaria con Estados Unidos. El primer ministro canadiense, Justin Trudeau, regresó a casa el sábado después de reunirse con Trump, sin garantías de que el presidente electo se retractará de los aranceles que amenazó imponer a Canadá. Esta historia fue traducida del inglés por un editor de AP con la ayuda de una herramienta de inteligencia artificial generativa.