Bray Capital Advisors Sells 1,050 Shares of Alphabet Inc. (NASDAQ:GOOGL)NEW YORK , Dec. 15, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global sports tourism market size is estimated to grow by USD 771.4 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 15.2% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: Domestic sports tourism is a significant segment in the global sports tourism market, with a large number of tourists traveling within their countries to attend various sports events. This includes both participation and spectating, as well as expenditures on hospitality and merchandise related to the sports event. The popularity of domestic sports tourism is due to several factors, such as the ease of transportation within regions, the use of a uniform regional currency, and the familiar cultural and regional backgrounds. Many domestic sports leagues are held across the world, and governments and sports teams are facilitating fan travel between venues, as seen in Qatar with free shuttle buses, the Doha Metro, taxis, and cab services, and dedicated lanes for fans. The growth of domestic sports tourism is also driven by the strong growth in developing economies, offering economic opportunities and regional benefits. The global domestic sports tourism market is expected to experience a steady YoY growth rate during the forecast period due to the familiarity it provides with a country's tourism policies, government rules, and adventure sports risks. Analyst Review The sports tourism market is a dynamic and growing sector that brings together the excitement of sports and the allure of travel. Motorsport, cricket, tennis, and soccer are just a few of the popular sports that attract fans and travelers from around the world. Major events like the FIFA World Cup and UEFA Champions League draw massive crowds, while Formula 1, NASCAR, marathons, and triathlons offer unique experiences for participants and spectators alike. The sports industries have recognized the potential of this market and have initiated strategic partnerships to host events in premier travel destinations. The destination appeal and visitor experiences are crucial for sustained growth in sports tourism. Leisure travelers and fans seek authentic and memorable experiences, making sports events an integral part of their travel plans. The Olympics, basketball, baseball, hockey, and soccer are other sports that contribute significantly to this thriving market. Market Overview The sports tourism market encompasses various segments, including Motorsport, Cricket, Tennis, FIFA World Cup, UEFA Champions League, Formula 1, NASCAR, Marathons, Triathlons, Adventure races, and more. Travel agencies, tour operators, hospitality chains, event management companies, and Olympics are key players in this industry. Partnership initiatives between these entities and sports industries have led to the hosting of world-class sports events, making destinations premier travel attractions. Sports tourists seek adrenaline-fueled, experiences, driving sustained growth in the market. However, challenges include seasonal fluctuations, infrastructure limitations, and financial challenges for event organizers. The market caters to fans and travelers alike, offering leisure travel and live entertainment. Historical data shows a significant increase in visitor numbers, with top-tier athletes and host cities generating regional tourism revenues and economic growth. Sustainable practices, eco-friendly initiatives, and environmental awareness are becoming increasingly important to ensure long-term profitability and overall sustainability. Despite these challenges, the sports tourism market continues to be a captivating frontier, with safari tourism and travel & outdoor activities adding to its allure. Event organizers must address infrastructure limitations and carbon footprints while maintaining visitor experiences and overall sustainability. To understand more about this market- Download a FREE Sample Report in minutes! 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/sports-tourism-market-to-grow-by-usd-771-4-billion-2023-2028-segmented-by-type-product-area-and-geography-with-ai-powered-market-evolution--technavio-302331099.html SOURCE Technavio
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Research analysts at Keefe, Bruyette & Woods initiated coverage on shares of Northeast Bank ( NASDAQ:NBN – Get Free Report ) in a note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage set a “market perform” rating and a $102.00 price target on the financial services provider’s stock. Keefe, Bruyette & Woods’ target price indicates a potential upside of 0.59% from the stock’s previous close. Separately, Piper Sandler reaffirmed an “overweight” rating and set a $80.00 target price on shares of Northeast Bank in a research report on Wednesday, September 11th. Read Our Latest Stock Report on Northeast Bank Northeast Bank Stock Performance Northeast Bank ( NASDAQ:NBN – Get Free Report ) last announced its earnings results on Tuesday, October 29th. The financial services provider reported $2.11 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.34. The firm had revenue of $73.97 million during the quarter, compared to analyst estimates of $38.20 million. During the same quarter last year, the business earned $2.01 earnings per share. Institutional Investors Weigh In On Northeast Bank Several institutional investors and hedge funds have recently made changes to their positions in the stock. Quantbot Technologies LP purchased a new position in shares of Northeast Bank in the third quarter worth about $76,000. BNP Paribas Financial Markets raised its position in Northeast Bank by 36.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,647 shares of the financial services provider’s stock worth $127,000 after buying an additional 442 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Northeast Bank during the 3rd quarter valued at approximately $185,000. Enterprise Bank & Trust Co purchased a new stake in shares of Northeast Bank in the 2nd quarter valued at $201,000. Finally, AQR Capital Management LLC acquired a new stake in shares of Northeast Bank in the second quarter worth $212,000. About Northeast Bank ( Get Free Report ) Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. Read More Receive News & Ratings for Northeast Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northeast Bank and related companies with MarketBeat.com's FREE daily email newsletter .After topping electric cars, Chinese firms set eyes on challenges in EV truck market
HAMILTON, Bermuda, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. ( Teekay Tankers ) (NYSE:TNK) announced today the following changes to their respective Boards of Directors, which are effective as of December 31, 2024. The changes further streamline and simplify the Teekay Group, and align with the previously announced goal of having Teekay Tankers serve as the sole operating platform within the Teekay Group and Teekay focusing on managing its controlling interest in Teekay Tankers: Teekay Board Changes "I'd also like to thank both David and Kenneth for their excellent leadership as Chairs of the Teekay and Teekay Tankers Boards. I'm grateful to be stepping into their positions at a time when the Teekay Group is well-positioned for the future and I look forward to continuing to work with them both in their respective Board roles. In addition, I welcome Poul to both Boards and Rudolph and Alan to the Teekay Tankers Board, and I look forward to continuing our work together.” Heidi Locke Simon Ms. Locke Simon joined the board of Teekay Corporation Ltd. in 2017 and currently serves as the Chair of the Compensation and Human Resources Committee and as a member of the Audit and Nominating and Governance Committees. She also served on the board of Teekay GP LLC, the general partner of Teekay LNG Partners LP (now known as Seapeak LLC), from June 2021 until Stonepeak's acquisition of Seapeak in January 2022. Ms. Locke Simon brings over 30 years of experience to these roles. She was formerly a partner at Bain & Company and an Investment Banking Analyst at Goldman Sachs. Ms. Locke Simon has served as a Director of Compass Diversified Holdings (NYSE:CODI) since July 2023, where she is also a member of the Audit Committee. She has experience as Board Chair serving on several private company and non-profit organization boards. Ms. Locke Simon holds an MBA from Harvard Business School and has completed various certifications in governance (including cybersecurity governance). Poul Karlshoej Mr. Karlshoej has served as a Board Observer on the Teekay Corporation Ltd. board since 2019 and the Teekay Tankers Ltd. board since 2021. Prior to these roles, he also served in various business development, commercial management and chartering roles within the Teekay Group in its offshore and tanker segments since 2007. Mr. Karlshoej joined Anholt Services (USA) Inc., a wholly-owned subsidiary of Kattegat Trust, which oversees the trust's globally diversified investment portfolio, in 2018, and currently serves on its Investment Committee. In addition, Mr. Karlshoej is involved in a number of commercial ventures in real estate development and agriculture, both as an owner and investor. Mr. Karlshoej graduated from Colorado State with a degree in Agriculture Business in 2006. Alan Semple Mr. Semple has served as a Director of Teekay Corporation Ltd. since 2015 and currently serves as the Chair of the Audit Committee. He previously served on the board of Teekay GP LLC, the general partner of Teekay LNG Partners LP (now known as Seapeak LLC), from May 2019 until Stonepeak's acquisition of Seapeak in January 2022. Mr. Semple brings over 30 years of finance experience, primarily in the energy industry, to these roles. He was formerly a Director and Chief Financial Officer at John Wood Group PLC ( Wood Group ), a provider of engineering, production support and maintenance management services to the oil and gas and power generation industries, a role he held from 2000 until his retirement in 2015. Prior to this, Mr. Semple held a number of senior finance roles in Wood Group from 1996. Mr. Semple currently serves on the board of Cactus, Inc. (NYSE:WHD), where he is the Chair of the Audit Committee. He also served as a Director and Chair of the Audit Committee of Cobham PLC until 2018. Mr. Semple graduated from the University of Strathclyde (Glasgow, Scotland) in 1979 with a Bachelor of Arts degree in Business Administration and is a member of the Institute of Chartered Accountants of Scotland. Rudolph Krediet Mr. Krediet joined the board of Teekay Corporation Ltd. in 2017 and brings over 20 years of experience as a financial investment professional to this role. He has served as a partner at Anholt Services (USA) Inc., a wholly-owned subsidiary of Kattegat Trust, which oversees the trust's globally diversified investment portfolio, since 2013. Mr. Krediet acted as Principal at Compass Group Management LLC, the manager of Compass Diversified Holdings, from 2010 to 2013, and as Vice President from 2006 to 2009. He acted as Vice President at CPM Roskamp Champion, a global leader in the design of manufacturing of oil seed processing equipment, from 2003 to 2004. Mr. Krediet has an MBA from the Darden Graduate School of Business at the University of Virginia. About Teekay Teekay is a leading provider of international crude oil marine transportation and other marine services. Teekay provides these services directly and through its controlling ownership interest in Teekay Tankers Ltd. (NYSE: TNK), one of the world's largest owners and operators of mid-sized crude tankers. The consolidated Teekay entities manage and operate approximately 62 conventional tankers and other marine assets, including vessels operated for the Australian government. With offices in eight countries and approximately 2,200 seagoing and shore-based employees, Teekay provides a comprehensive set of marine services to the world's leading energy companies. Teekay's common shares trade on the New York Stock Exchange under the symbol "TK”. About Teekay Tankers Teekay Tankers has a fleet of 42 double-hull tankers (including 24 Suezmax tankers and 18 Aframax / LR2 tankers), and has six time chartered-in tankers. Teekay Tankers' vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. Teekay Tankers also owns a VLCC through a 50 percent-owned joint venture. In addition, Teekay Tankers owns a ship-to-ship transfer business that performs full-service lightering and lightering support operations in the U.S. Gulf and Caribbean. Teekay Tankers was formed in December 2007 by Teekay Corporation Ltd. as part of its strategy to expand its oil tanker business. Teekay Tankers' Class A common shares trade on the New York Stock Exchange under the symbol "TNK”. For Teekay Investor Relations enquiries contact: E-mail: [email protected] For Teekay Tankers Investor Relations enquiries contact: E-mail: [email protected] Website: www.teekay.com Forward-Looking Statements This release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflect management's current views with respect to certain future events and performance, including the expected Board of Directors' changes described in the release and the timing thereof. The following factors are among those that could cause actual results to differ materially from the forward-looking statements, which involve risks and uncertainties, and that should be considered in evaluating any such statement. Teekay and Teekay Tankers expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Teekay's or Teekay Tankers' expectations with respect thereto or any change in events, conditions or circumstances on which any such statement is based.
TOWSON, Md. (AP) — Tyler Tejada scored 18 points as Towson beat Bryant 70-65 on Sunday. Tejada had five rebounds for the Tigers (5-8). Dylan Williamson scored 13 points while shooting 6 for 13, including 1 for 5 from beyond the arc. Tomiwa Sulaiman went 4 of 10 from the field (0 for 3 from 3-point range) to finish with 10 points. The Tigers stopped a six-game losing streak with the win. The Bulldogs (6-8) were led by Earl Timberlake, who posted 23 points, seven rebounds and four assists. Barry Evans added 18 points, six rebounds and two steals for Bryant. Keyshawn Mitchell also had eight points and seven rebounds. Tejada put up 12 points in the first half for Towson, who led 33-28 at the break. Towson used a 12-3 second-half run erase a six-point deficit and take the lead at 58-55 with 7:21 left in the half before finishing off the victory. Williamson scored nine second-half points. Towson plays UNC Wilmington on the road on Thursday, and Bryant visits Grand Canyon on Monday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Why I’m getting rid of my smartwatch
Pittsburgh quarterback Eli Holstein was carted off the field with 5:32 left in the first quarter with an apparent left ankle injury during Saturday's Atlantic Coast Conference game against host Louisville. The freshman was sacked at the Panthers' 49-yard line by Louisville's Ashton Gillotte, who rolled on the quarterback's ankle. Holstein was in a walking boot as he was helped to the cart. Holstein missed last week's game against Clemson after suffering a head injury in the loss to Virginia two weeks ago. Holstein was 3-for-5 passing for 51 yards and an interception before exiting. Nate Yarnell, who threw for 350 yards in the loss to Clemson, replaced Holstein. --Field Level MediaOne 'unloved, under-followed' ASX tech stock to buy now
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