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KUWAIT: President of Kuwait and Asian Aquatics Federations, Sheikh Khaled Al-Bader Al-Sabah, emphasized that the distinctive sports renaissance witnessed by the GCC countries came under the guidance and attention of the political leadership in those countries, believing that the youth are the present and future of the nation, on whose forearms the renaissance and progress of the country is based, as it is moving steadily towards presenting many successes that impressed everyone. Al-Bader expressed his great pleasure at Kuwait’s hosting of the 45th session of the Summit of the Supreme Council of the Gulf Cooperation Council (GCC) in the presence of their majesties, highnesses, and leaders of the GCC countries who are dear guests of Kuwait, stressing that the Council has recorded in letters of light a rich history of joint cooperation and continuous development in all fields, which had a great impact in realizing the aspirations and hopes of the peoples in security, safety and prosperity in all fields. Al-Bader explained, “The unity and solidarity among the people of the GCC countries has been, is and will continue to be the distinctive feature through which everyone works to increase integration in various fields, including the sports field, where the Gulf countries have provided an exemplary model in organizing many international sports events, which always emphasizes the development and progress that the leaders of the GCC countries always seek to achieve, in addition to providing security, safety, stability and achieving prosperity for all.” Al-Bader prayed to the Almighty to perpetuate the blessings of security, safety, stability and unity among the leaders and peoples of the GCC countries, adding that Kuwait shone and enlightened with its dear guests.Party City surprises shoppers with going out of business sale before shuttering over 850 stores
While Cleveland heads into Sunday's home matchup with the reigning NBA champion Boston Celtics sporting the league's best record, the Cavaliers also come in trying to avoid a three-game losing streak. Cleveland had its 15-game winning streak to open the season interrupted in its last meeting with Boston, a 120-117 win for the host Celtics on Nov. 19. The Cavaliers recovered with a pair of wins over Toronto and New Orleans, but fell in meetings with the Atlanta Hawks on Wednesday and Friday. A 20-point, 22-assist game from Trae Young on Wednesday powered Atlanta to 135 points, the most Cleveland has allowed this season. The Hawks followed the 11-point win in Cleveland with a 16-point rout of the Cavaliers on Friday in Atlanta. The consecutive losses dropped Cleveland to 17-3, tied with Boston for the NBA's best mark in the loss column. The Cavaliers maintain the league's best winning percentage at .850 but are trying to avoid their first three-game losing streak since last April. Cleveland Cavaliers head coach Kenny Atkinson reacts in the fourth quarter against the Atlanta Hawks at Rocket Mortgage FieldHouse. "Our defensive engagement was good," Cleveland coach Kenny Atkinson said, contrasting Friday's loss with Wednesday's. "(But) our offense kind of tanked. It's hard to be mad at our guys. They've been phenomenal offensively." The Cavaliers ranked No. 20 in points per game a season ago with 112.6. In their first season under Atkinson as coach, they lead the NBA in scoring at 122.4. Friday's contest was Cleveland's lowest-scoring output of the season despite 29 points from Darius Garland and 24 from Evan Mobley. Donovan Mitchell managed less than half of his season average (24.1) with 12, while 14.5-point per game scorer Jarrett Allen managed just six. The Cavaliers look to get back on track against a Celtics team riding a seven-game winning streak. The Celtics, averaging the NBA's second-highest point-per-game output at 121.2, have bookended their streak with 139 points in a rout at Brooklyn on Nov. 13 and 138 points in a win Friday at Chicago. Jayson Tatum scored 35 points and grabbed 14 rebounds in Boston's nine-point defeat of the Bulls. He is averaging 28.7 points, which includes his 33-point performance in the win over the Cavaliers. In Friday's NBA Cup win, Boston also got a huge performance off the bench from Payton Pritchard. His 29 points (19 in the fourth quarter) came on the heels of a 20-point outing in the Celtics' 126-94 home blowout of the Los Angeles Clippers on Monday. "The key to him is he finds different ways to impact games. He's grown as a player over the course of his career," Celtics coach Joe Mazzulla said of Pritchard. "He's a complete player. I know it sounds weird, but he's one of the best three-level scorers I've seen for his size, and he's just a high-level competitor." At 15.6 points per game, Pritchard is one of five Celtics averaging more than 12 points along with Tatum, Jaylen Brown (24.7), Derrick White (18.3) and Jrue Holiday (12.1). --Field Level MediaMorgan Rogers looked to have given Unai Emery’s side another famous win when he slammed a loose ball home at the death, but referee Jesus Gil Manzano ruled Diego Carlos to have fouled Juve goalkeeper Michele Di Gregorio and the goal was chalked off. It was a disappointment for Villa, who remain unbeaten at home in their debut Champions League campaign and are still in contention to qualify automatically for the last 16. A very controversial finish at Villa Park 😲 Morgan Rogers' late goal is ruled out for a foul on Juventus goalkeeper Michele Di Gregorio and the match ends 0-0 ❌ 📺 @tntsports & @discoveryplusUK pic.twitter.com/MyYL5Vdy3r — Football on TNT Sports (@footballontnt) November 27, 2024 Emiliano Martinez had earlier displayed why he was named the best goalkeeper in the world as his wonder save kept his side level in the second half. The Argentina international paraded his two Yashin Trophies on the pitch before kick-off at Villa Park and then showed why he won back-to-back FIFA awards when he denied Francisco Conceicao. Before Rogers’ moment of drama in the fourth minute of added time, the closest Villa came to scoring was in the first half when Lucas Digne’s free-kick hit the crossbar. But a draw was a fair result which leaves Villa out of the top eight on goal difference and Juventus down in 19th. Before the game Emery called Juventus one of the “best teams in the world, historically and now”, but this was an Italian side down to the bare bones. Only 14 outfield players made the trip from Turin, with striker Dusan Vlahovic among those who stayed behind. The opening 30 minutes were forgettable before the game opened up. Ollie Watkins, still chasing his first Champions League goal, had Villa’s first presentable chance as he lashed an effort straight at Di Gregorio. Matty Cash then had a vicious effort from the resulting corner which was blocked by Federico Gatti and started a counter-attack which ended in Juventus striker Timothy Weah. Villa came closest to breaking the deadlock at the end of the first half when Digne’s 20-yard free-kick clipped the top of the crossbar and went over. Martinez then produced his brilliant save just after the hour. A corner made its way through to the far post where Conceicao was primed to head in at the far post, but Martinez sprawled himself across goal to scoop the ball away. How has he kept that one out?! 🤯 Emi Martinez with an INCREDIBLE save to keep it goalless at Villa Park ⛔️ 📺 @tntsports & @discoveryplusUK pic.twitter.com/OkcWHB7YIk — Football on TNT Sports (@footballontnt) November 27, 2024 Replays showed most of the ball went over the line, but the Argentinian got there with millimetres to spare. At the other end another fine goal-line block denied John McGinn as Manuel Locatelli got his foot in the way with Di Gregorio beaten. The game looked to be petering out until a last-gasp free-kick saw Rogers slam home, but whistle-happy official Gil Manzano halted the celebrations by ruling the goal out.
Philip Morris International Inc. stock underperforms Wednesday when compared to competitorsNone
WASHINGTON (AP) — President Joe Biden on Monday announced that he is commuting the sentences of 37 of the 40 people on federal death row, converting their punishments to life imprisonment just weeks before President-elect Donald Trump , an outspoken proponent of expanding capital punishment, takes office. The move spares the lives of people convicted in killings , including the slayings of police and military officers, people on federal land and those involved in deadly bank robberies or drug deals, as well as the killings of guards or prisoners in federal facilities. The decision leaves three federal inmates to face execution. They are Dylann Roof, who carried out the 2015 racist slayings of nine Black members of Mother Emanuel AME Church in Charleston, South Carolina; 2013 Boston Marathon bomber Dzhokhar Tsarnaev ; and Robert Bowers, who fatally shot 11 congregants at Pittsburgh’s Tree of life Synagogue in 2018 , the deadliest antisemitic attack in U.S history. “I’ve dedicated my career to reducing violent crime and ensuring a fair and effective justice system,” Biden said in a statement . “Today, I am commuting the sentences of 37 of the 40 individuals on federal death row to life sentences without the possibility of parole. These commutations are consistent with the moratorium my administration has imposed on federal executions, in cases other than terrorism and hate-motivated mass murder.” Reaction was strong, both for and against. A Trump spokesperson called the decision “abhorrent.” “These are among the worst killers in the world and this abhorrent decision by Joe Biden is a slap in the face to the victims, their families, and their loved ones." said Trump spokesman Steven Cheung. "President Trump stands for the rule of law, which will return when he is back in the White House after he was elected with a massive mandate from the American people.” Heather Turner, whose mother was killed during the 2017 robbery of a Conway, South Carolina, bank, blasted the decision in a social media post, saying Biden didn't consider the victims of these crimes. “The pain and trauma we have endured over the last 7 years has been indescribable,” Turner wrote on Facebook, describing weeks spent in court in search of justice as “now just a waste of time.” “Our judicial system is broken. Our government is a joke,” she said. "Joe Biden’s decision is a clear gross abuse of power. He, and his supporters, have blood on their hands.” Some of Roof's victims supported Biden's decision to leave him on death row. Michael Graham, whose sister Cynthia Hurd was killed by Roof, said Roof's lack of remorse and simmering white nationalism in the U.S. means Roof is the kind of dangerous and evil person the death penalty is intended for. “This was a crime against a race of people who were doing something all Americans do on a Wednesday night — go to Bible study,” Graham said. “It didn’t matter who was there, only that they were Black.” The Biden administration in 2021 announced a moratorium on federal capital punishment to study the protocols used, which suspended executions during Biden's term. But Biden actually had promised to go further on the issue in the past, pledging to end federal executions without the caveats for terrorism and hate-motivated, mass killings. While running for president in 2020, Biden's campaign website said he would “work to pass legislation to eliminate the death penalty at the federal level , and incentivize states to follow the federal government’s example.” Similar language didn't appear on Biden's reelection website before he left the presidential race in July. “Make no mistake: I condemn these murderers, grieve for the victims of their despicable acts, and ache for all the families who have suffered unimaginable and irreparable loss,” Biden's statement said. “But guided by my conscience and my experience as a public defender, chairman of the Senate Judiciary Committee, vice president, and now president, I am more convinced than ever that we must stop the use of the death penalty at the federal level.” He took a political jab at Trump, saying, “In good conscience, I cannot stand back and let a new administration resume executions that I halted.” Trump, who takes office on Jan. 20, has spoken frequently of expanding executions. In a speech announcing his 2024 campaign , Trump called for those “caught selling drugs to receive the death penalty for their heinous acts.” He later promised to execute drug and human smugglers and even praised China's harsher treatment of drug peddlers. During his first term as president, Trump also advocated for the death penalty for drug dealers . There were 13 federal executions during Trump's first term, more than under any president in modern history, and some may have happened fast enough to have contributed to the spread of the coronavirus at the federal death row facility in Indiana. Those were the first federal executions since 2003. The final three occurred after Election Day in November 2020 but before Trump left office the following January, the first time federal prisoners were put to death by a lame-duck president since Grover Cleveland in 1889. Biden faced recent pressure from advocacy groups urging him to act to make it more difficult for Trump to increase the use of capital punishment for federal inmates. The president's announcement also comes less than two weeks after he commuted the sentences of roughly 1,500 people who were released from prison and placed on home confinement during the COVID-19 pandemic, and of 39 others convicted of nonviolent crimes, the largest single-day act of clemency in modern history. The announcement also followed the post-election pardon that Biden granted his son Hunter on federal gun and tax charges after long saying he would not issue one, sparking an uproar in Washington. The pardon also raised questions about whether he would issue sweeping preemptive pardons for administration officials and other allies who the White House worries could be unjustly targeted by Trump’s second administration. Speculation that Biden could commute federal death sentences intensified last week after the White House announced he plans to visit Italy on the final foreign trip of his presidency next month. Biden, a practicing Catholic, will meet with Pope Francis, who recently called for prayers for U.S. death row inmates in hopes their sentences will be commuted. The U.S. Conference of Catholic Bishops, which has long called for an end to the death penalty, said Biden's decision is a “significant step in advancing the cause of human dignity in our nation” and moves the country “a step closer to building a culture of life.” Martin Luther King III, who publicly urged Biden to change the death sentences, said in a statement shared by the White House that the president "has done what no president before him was willing to do: take meaningful and lasting action not just to acknowledge the death penalty’s racist roots but also to remedy its persistent unfairness.” Madeline Cohen, an attorney for Norris Holder, who faced death for the 1997 fatal shooting of a guard during a bank robbery in St. Louis, said his case “exemplifies the racial bias and arbitrariness that led the President to commute federal death sentences,” Cohen said. Holder, who is Black, was sentenced by an all-white jury. Weissert reported from West Palm Beach, Florida. Associated Press writers Jeffrey Collins in Columbia, South Carolina, and Jim Salter in O'Fallon, Missouri, contributed to this report.
Shares of Lucid Group, Inc. ( NASDAQ:LCID – Get Free Report ) were up 1.9% on Thursday . The stock traded as high as $2.20 and last traded at $2.17. Approximately 53,835,895 shares changed hands during mid-day trading, an increase of 43% from the average daily volume of 37,516,766 shares. The stock had previously closed at $2.13. Wall Street Analysts Forecast Growth Several equities analysts have recently commented on LCID shares. Robert W. Baird restated a “neutral” rating and set a $3.00 price target on shares of Lucid Group in a research note on Monday, October 7th. Royal Bank of Canada cut their target price on shares of Lucid Group from $3.00 to $2.00 and set a “sector perform” rating on the stock in a research report on Tuesday, November 19th. Needham & Company LLC reaffirmed a “hold” rating on shares of Lucid Group in a research report on Friday, November 8th. Cantor Fitzgerald reiterated a “neutral” rating and set a $4.00 price objective on shares of Lucid Group in a research note on Tuesday, October 8th. Finally, Cfra set a $2.00 target price on Lucid Group in a report on Thursday, October 17th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, Lucid Group presently has an average rating of “Hold” and a consensus price target of $3.16. Check Out Our Latest Report on Lucid Group Lucid Group Stock Up 0.5 % Insider Buying and Selling In related news, Director Public Investment Fund purchased 374,717,927 shares of the business’s stock in a transaction on Wednesday, October 30th. The shares were acquired at an average price of $2.59 per share, for a total transaction of $970,519,430.93. Following the purchase, the director now owns 8,041,393 shares of the company’s stock, valued at $20,827,207.87. This trade represents a -102.19 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . 61.26% of the stock is owned by company insiders. Institutional Investors Weigh In On Lucid Group Several institutional investors and hedge funds have recently made changes to their positions in LCID. Sanctuary Advisors LLC acquired a new stake in Lucid Group during the 2nd quarter worth about $26,000. Accredited Investors Inc. purchased a new position in shares of Lucid Group in the second quarter worth about $27,000. Frank Rimerman Advisors LLC lifted its holdings in shares of Lucid Group by 925.0% during the second quarter. Frank Rimerman Advisors LLC now owns 10,250 shares of the company’s stock worth $27,000 after purchasing an additional 9,250 shares during the period. QRG Capital Management Inc. purchased a new stake in Lucid Group in the second quarter valued at approximately $34,000. Finally, Pine Valley Investments Ltd Liability Co increased its holdings in Lucid Group by 34.9% in the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 13,710 shares of the company’s stock worth $36,000 after buying an additional 3,549 shares during the period. 75.17% of the stock is currently owned by institutional investors and hedge funds. About Lucid Group ( Get Free Report ) Lucid Group, Inc a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. Featured Articles Receive News & Ratings for Lucid Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lucid Group and related companies with MarketBeat.com's FREE daily email newsletter .
Citigroup Inc. boosted its stake in Home Bancshares, Inc. (Conway, AR) ( NYSE:HOMB – Free Report ) by 12.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 289,079 shares of the financial services provider’s stock after buying an additional 31,493 shares during the period. Citigroup Inc. owned 0.15% of Home Bancshares, Inc. (Conway, AR) worth $7,831,000 at the end of the most recent reporting period. Several other large investors have also bought and sold shares of the company. Dimensional Fund Advisors LP lifted its stake in shares of Home Bancshares, Inc. (Conway, AR) by 8.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 6,550,418 shares of the financial services provider’s stock valued at $156,946,000 after purchasing an additional 490,718 shares during the period. Copeland Capital Management LLC lifted its position in Home Bancshares, Inc. (Conway, AR) by 0.9% during the third quarter. Copeland Capital Management LLC now owns 3,240,644 shares of the financial services provider’s stock valued at $87,789,000 after buying an additional 28,604 shares during the period. Bank of New York Mellon Corp lifted its position in Home Bancshares, Inc. (Conway, AR) by 0.5% during the second quarter. Bank of New York Mellon Corp now owns 2,166,894 shares of the financial services provider’s stock valued at $51,919,000 after buying an additional 11,499 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Home Bancshares, Inc. (Conway, AR) by 7.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,046,153 shares of the financial services provider’s stock valued at $55,430,000 after buying an additional 134,741 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of Home Bancshares, Inc. (Conway, AR) by 2,609.0% in the 3rd quarter. International Assets Investment Management LLC now owns 1,301,295 shares of the financial services provider’s stock worth $352,520,000 after buying an additional 1,253,259 shares during the period. 67.31% of the stock is owned by institutional investors. Wall Street Analyst Weigh In Several equities research analysts recently commented on HOMB shares. Piper Sandler boosted their price objective on shares of Home Bancshares, Inc. (Conway, AR) from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. StockNews.com raised Home Bancshares, Inc. (Conway, AR) from a “sell” rating to a “hold” rating in a research report on Wednesday, November 6th. Stephens upped their price target on Home Bancshares, Inc. (Conway, AR) from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $28.00 price objective on shares of Home Bancshares, Inc. (Conway, AR) in a research note on Friday, October 18th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $28.25. Insider Activity at Home Bancshares, Inc. (Conway, AR) In other news, CAO Jennifer C. Floyd sold 2,000 shares of the firm’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $30.18, for a total value of $60,360.00. Following the transaction, the chief accounting officer now directly owns 3,468 shares in the company, valued at $104,664.24. This trade represents a 36.58 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link . Also, Director James Pat Hickman sold 63,997 shares of the company’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $30.77, for a total value of $1,969,187.69. Following the sale, the director now owns 175,500 shares of the company’s stock, valued at approximately $5,400,135. This trade represents a 26.72 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold 90,997 shares of company stock valued at $2,782,548 over the last ninety days. Insiders own 7.66% of the company’s stock. Home Bancshares, Inc. (Conway, AR) Stock Up 0.1 % Shares of Home Bancshares, Inc. (Conway, AR) stock opened at $31.79 on Friday. The company has a 50-day simple moving average of $28.37 and a two-hundred day simple moving average of $26.46. The stock has a market capitalization of $6.32 billion, a PE ratio of 16.38 and a beta of 1.05. Home Bancshares, Inc. has a 52-week low of $21.93 and a 52-week high of $32.90. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.91 and a current ratio of 0.91. Home Bancshares, Inc. (Conway, AR) ( NYSE:HOMB – Get Free Report ) last announced its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.03). Home Bancshares, Inc. (Conway, AR) had a return on equity of 10.33% and a net margin of 26.69%. The firm had revenue of $258.00 million during the quarter, compared to analysts’ expectations of $258.90 million. During the same quarter in the previous year, the firm earned $0.47 earnings per share. Home Bancshares, Inc. (Conway, AR)’s revenue was up 5.2% on a year-over-year basis. On average, analysts anticipate that Home Bancshares, Inc. will post 2.04 EPS for the current fiscal year. Home Bancshares, Inc. (Conway, AR) Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 13th will be issued a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend is Wednesday, November 13th. Home Bancshares, Inc. (Conway, AR)’s payout ratio is currently 40.21%. About Home Bancshares, Inc. (Conway, AR) ( Free Report ) Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit. Read More Want to see what other hedge funds are holding HOMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Home Bancshares, Inc. (Conway, AR) ( NYSE:HOMB – Free Report ). Receive News & Ratings for Home Bancshares Inc. (Conway AR) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Bancshares Inc. (Conway AR) and related companies with MarketBeat.com's FREE daily email newsletter .