
In a shocking turn of events, it has been revealed that Zhong Moyan, the principal of a local elementary school in a small town, has been involved in a corruption scandal totaling a staggering 9.49 million RMB in bribe money. The news has sent shockwaves through the community, as Zhong Moyan was once seen as a respected figure in education.
Wade Taylor IV scored 15 points and dished out 10 assists and C.J. Wilcher added 14 points as No. 13 Texas A&M throttled Abilene Christian 92-54 on Saturday afternoon in College Station, Texas. The Aggies (11-2) were in charge from the jump, forging a 19-point lead at halftime and never looking back. Texas A&M scored the first points of the second half, was up by 28 with 13:23 to play and cruised to the finish line while winning its seventh straight game. Taylor's output moved him into second place in the Aggies all-time scoring list. His 1,779 points are now behind only Bernard King, who had 1,990 from 1999-2003. Andersson Garcia and Zhuric Phelps added 12 points each for Texas A&M, which appears to be hitting on all cylinders heading into its Southeastern Conference opener at home against rival Texas on Jan. 4. Phelps added 10 rebounds for the Aggies. Quion Williams led the Wildcats (8-6) with 14 points. Abilene Christian missed its final six shots and went the last 5:24 of the game without a point. The Aggies made a statement in the early going by scoring the game's first nine points over the initial 3 1/2 minutes, with seven of those coming from Coleman. Abilene Christian fought back to within 16-12 after Dontrez Williams' layup with 12:12 left in the half. But A&M swung back, producing a 14-0 run capped by Garcia's layup with 8:51 to play in the half to pull away to a 30-12 advantage. The Wildcats again cut into their deficit, pulling to 30-19 when Cade Hornecker hit a layup with 6:26 to play until halftime. A&M boosted the lead back to 17 points after a pair of free throws by Taylor and got two more from the charity stripe to take a 48-29 edge to the break. Wilcher led all scorers in the half with 12 points on 4-of-6 shooting from beyond the arc while Garcia hit for 10 points for A&M while making all four of his shots from the floor. The Aggies outshot Abilene Christian 61.5 percent to 40.7 percent before halftime. Quion Williams and Leonardo Bettiol paced the Wildcats with seven points each in the first half. --Field Level MediaIn a significant development, Guan Zhiou, an alternate member of the Central Committee of the Communist Party of China (CPC), has assumed a new role as the Vice Governor of Shanxi Province. This appointment marks a pivotal moment in Guan's political career and signals the Party's trust in his capabilities to contribute to the governance and development of one of China's key provinces.
CHARLOTTE, N.C. , Dec. 26, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM (CUSIP No. 060505FR0), liquidation preference $25,000 per share (the "Preferred Stock"), and the corresponding depositary shares each representing a 1/25 th interest in a share of the Preferred Stock (CUSIP No. 060505FQ2) (the "Depositary Shares"). The Depositary Shares will be redeemed simultaneously with the Preferred Stock on the upcoming dividend payment date on January 28, 2025 (the "Redemption Date"), at a redemption price of $1,000 per depositary share. Declared dividends of $21.50 per depositary share in respect of the outstanding Depositary Shares for the full current semi-annual dividend period from, and including, July 28, 2024 to, but excluding, January 28, 2025 will be paid separately on January 28, 2025 , to holders of record on January 1, 2025 , in the customary manner. Accordingly, the redemption price of $1,000 per depositary share does not include any accrued and unpaid dividends. Dividends on the redeemed Depositary Shares will cease to accrue on the Redemption Date. The Depositary Shares are held through The Depository Trust Company ("DTC") and will be redeemed in accordance with the applicable procedures of DTC. Payment to DTC for the Depositary Shares will be made by Computershare Inc. and Computershare Trust Company, N.A., collectively, as redemption agent. The address for the redemption agent is as follows: Computershare Trust Company, N.A. Attn: Corporate Actions 150 Royall St. Canton, MA 02021 This press release does not constitute a notice of redemption under the certificate of designation governing the Preferred Stock or the deposit agreement governing the Depositary Shares. Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States , serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States , its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Forward-Looking Statements Certain information contained in this news release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023 , and in any of our subsequent Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts . www.bankofamerica.com Investors May Contact: Lee McEntire , Bank of America Phone: 1.980.388.6780 lee.mcentire@bofa.com Jonathan G. Blum , Bank of America (Fixed Income) Phone: 1.212.449.3112 jonathan.blum@bofa.com Reporters May Contact: Jocelyn Seidenfeld , Bank of America Phone: 1.646.743.3356 jocelyn.seidenfeld@bofa.com View original content to download multimedia: https://www.prnewswire.com/news-releases/bank-of-america-announces-full-redemption-of-its-series-mm-preferred-stock-and-related-depositary-shares-302338391.html SOURCE Bank of America Corporation