Lam Research Co. ( NASDAQ:LRCX – Free Report ) – Stock analysts at Zacks Research cut their FY2026 EPS estimates for shares of Lam Research in a research note issued to investors on Tuesday, November 19th. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings per share of $4.06 for the year, down from their prior forecast of $4.08. The consensus estimate for Lam Research’s current full-year earnings is $3.52 per share. Zacks Research also issued estimates for Lam Research’s Q4 2026 earnings at $1.09 EPS and FY2027 earnings at $4.67 EPS. Lam Research ( NASDAQ:LRCX – Get Free Report ) last issued its earnings results on Wednesday, October 23rd. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.05. The company had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.06 billion. Lam Research had a net margin of 26.02% and a return on equity of 50.60%. The firm’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the company posted $6.85 earnings per share. View Our Latest Analysis on Lam Research Lam Research Stock Performance Shares of LRCX opened at $72.64 on Thursday. Lam Research has a one year low of $68.72 and a one year high of $113.00. The business has a fifty day moving average of $76.93 and a 200 day moving average of $87.35. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.53 and a quick ratio of 1.74. The firm has a market capitalization of $93.47 billion, a P/E ratio of 23.48, a PEG ratio of 1.12 and a beta of 1.48. Institutional Trading of Lam Research Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jennison Associates LLC increased its position in Lam Research by 20.0% during the third quarter. Jennison Associates LLC now owns 238,275 shares of the semiconductor company’s stock valued at $194,451,000 after acquiring an additional 39,725 shares during the last quarter. Creative Planning boosted its stake in shares of Lam Research by 2.5% during the 3rd quarter. Creative Planning now owns 47,377 shares of the semiconductor company’s stock worth $38,664,000 after purchasing an additional 1,146 shares during the period. Vest Financial LLC grew its holdings in Lam Research by 68.7% during the 3rd quarter. Vest Financial LLC now owns 35,991 shares of the semiconductor company’s stock valued at $29,372,000 after purchasing an additional 14,658 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in Lam Research by 9.0% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 340,855 shares of the semiconductor company’s stock worth $278,165,000 after purchasing an additional 28,089 shares during the period. Finally, Benson Investment Management Company Inc. bought a new stake in Lam Research in the third quarter worth about $5,182,000. Hedge funds and other institutional investors own 84.61% of the company’s stock. Insider Buying and Selling at Lam Research In other news, CAO Christina Correia sold 647 shares of Lam Research stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $817.51, for a total value of $528,928.97. Following the completion of the transaction, the chief accounting officer now owns 4,267 shares in the company, valued at approximately $3,488,315.17. The trade was a 13.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . 0.29% of the stock is owned by company insiders. Lam Research Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Wednesday, December 11th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Wednesday, December 11th. Lam Research’s payout ratio is 29.74%. About Lam Research ( Get Free Report ) Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. Featured Stories Receive News & Ratings for Lam Research Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lam Research and related companies with MarketBeat.com's FREE daily email newsletter .
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AP News Summary at 5:11 p.m. ESTYoung Republican and Democratic Lawmakers and Activists Receive Political Bridge-Building Award
NEW YORK (AP) — U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way. The S&P 500 climbed 0.3% to pull closer to its all-time high set two weeks ago. The Dow Jones Industrial Average added 440 points, or 1%, to its own record set on Friday, while the Nasdaq composite rose 0.3%. Treasury yields also eased in the bond market amid what some analysts called a “Bessent bounce” after President-elect Donald Trump said he wants Scott Bessent , a hedge fund manager, to be his Treasury Secretary. Bessent has argued for reducing the U.S. government’s deficit, which is how much more it spends than it takes in through taxes and other revenue. Such an approach could soothe worries on Wall Street that Trump’s policies may lead to a much bigger deficit, which in turn would put upward pressure on Treasury yields. After climbing above 4.44% immediately after Trump’s election, the yield on the 10-year Treasury fell back to 4.26% Monday, down from 4.41% late Friday. That’s a notable move, and lower yields make it cheaper for all kinds of companies and households to borrow money. They also give a boost to prices for stocks and other investments. That helped stocks of smaller companies lead the way, and the Russell 2000 index of smaller stocks jumped 1.5%. It finished just shy of its all-time high, which was set three years ago. Smaller companies can feel bigger boosts from lower borrowing costs because of the need for many to borrow to grow. The two-year Treasury yield, which more closely tracks the market’s expectations for what the Federal Reserve will do with overnight interest rates, also eased sharply. The Fed began cutting its main interest rate just a couple months ago from a two-decade high, hoping to keep the job market humming after bringing inflation nearly all the way down to its 2% target. But immediately after Trump’s victory, traders had reduced bets for how many cuts the Fed may deliver next year. They were worried Trump’s preference for lower tax rates and higher spending on the border would balloon the national debt. A report coming on Wednesday could influence how much the Fed may cut rates. Economists expect it to show that an underlying inflation trend the Fed prefers to use accelerated to 2.8% last month from 2.7% in September. Higher inflation would make the Fed more reluctant to cut rates as deeply or as quickly as it would otherwise. Goldman Sachs economist David Mericle expects that to slow by the end of next year to 2.4%, but he said inflation would be even lower if not for expected tariff increases on imports from China and autos favored by Trump. In the stock market, Bath & Body Works jumped 16.5% after delivering stronger profit for the latest quarter than analysts expected. The seller of personal care products and home fragrances also raised its financial forecasts for the full year, even though it still sees a “volatile retail environment” and a shorter holiday shopping season this year. Much focus has been on how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. Last week, two major retailers sent mixed messages. Target tumbled after giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Another big retailer, Macy’s, said Monday its sales for the latest quarter were in line with its expectations, but it will delay the release of its full financial results. It found a single employee had intentionally hid up to $154 million in delivery expenses, and it needs more time to complete its investigation. Macy’s stock fell 2.2%. Among the market’s leaders were several companies related to the housing industry. Monday’s drop in Treasury yields could translate into easier mortgage rates, which could spur activity for housing. Builders FirstSource, a supplier or building materials, rose 5.9%. Homebuilders, D.R. Horton, PulteGroup and Lennar all rose at least 5.6%. All told, the S&P 500 rose 18.03 points to 5,987.37. The Dow Jones Industrial Average jumped 440.06 to 44,736.57, and the Nasdaq composite gained 51.18 to 19,054.84. In stock markets abroad, indexes moved modestly across much of Europe after finishing mixed in Asia. In the crypto market, bitcoin was trading below $95,000 after threatening to hit $100,000 late last week for the first time. AP Business Writer Elaine Kurtenbach contributed.Walker & Dunlop Finances $245 Million for Jersey City Development
Teachers union launches postelection fear campaign
Aquarius Daily Horoscope Today, December 27, 2024 predicts relocation in abroadIn partnership with Manchester-based travel company Travel Counsellors, Cheesewright recently presented a vision of how holidays might evolve by 2054, reshaping how and where we travel. Space tourism could be the hallmark of future holidays, no longer exclusive to billionaires such as . Cheesewright highlights that advancements in technology that could reduce the cost of space travel, making zero-gravity experiences accessible to the average traveller. According to , he encouraged travel agents to start discussing space tourism as a possibility, saying, “In 2054, will space tourism not just be for the billionaire few, but for the masses? Maybe.” Most Read on Euro Weekly News This aligns with the ongoing development of space tourism by companies like Blue Origin, which has already taken civilians to the edge of space, and SpaceX, which recently completed a private spacewalk. Supersonic jets could revolutionise long-haul travel by slashing flight times. Companies like Venus Aerospace are already working on hypersonic technology, potentially making high-speed travel a commercial reality. Cheesewright also predicts that electric jets, quieter and more eco-friendly, will dominate short-haul routes by the 2050s. reported that improvements in battery capacity and efficiency will drive these advancements, drastically cutting aviation’s environmental impact. Rising temperatures and extreme weather could shift holiday preferences. “We’re going to see migration north and new destinations,” Cheesewright explained, suggesting traditional summer hotspots may become less appealing. This could lead to the creation of artificial beaches in alpine regions, repurposing winter resorts for summer getaways. Sustainability and overtourism concerns are also influencing preferences. Cheesewright believes travellers will increasingly seek lesser-known destinations ( ) to avoid overcrowded tourist hotspots. Future holidays might satisfy travellers with a longing to disconnect. Hotels could embrace retro charm with real keys over swipe cards, plus holiday offerings free of digital distractions. Meanwhile, Artificial Intelligence will play a significant role in personalising trips, while promise to eliminate long queues and pre-flight stress, transforming the travel experience.Round up some words to fill in the blanks and have fun with this totally fictional story. Here I am, kids, your school librarian, telling you _________ secrets about The Elf on the Shelf. See the Elf? He has been sitting on our library shelf watching you very _________ students searching for books to read, and doing much, much more! He knows everything, so you might as well ‘fess up! Your _______ secrets are revealed! LOOK! See his eyes? See how they stare? Everything our Elf sees reaches the North Pole. YES! There is a _______ room in Santa’s Village with a gigantic wall of screens that show what the Elf sees. Yes, and the screens are monitored by a whole _______ team of other _______ elves who are keeping track of what you’re doing. OK! Our Elf on the Shelf can see out of the library windows, too, and he can see through the walls with his especially _________ eyes! He sees EVERYTHING that happens on our _________ campus. NEXT, The Elf makes a list. It’s all done on a computer and the results are printed out at the North Pole. The Elf has _______ abilities and even knows what you are doing at recess. Did you cheat when your team was playing ________? Was the score really _______ and you said it was _______? The Elf knows all. He has a ______ magical head that can swivel every which way and his eyes are super _______. YES! Now, let’s talk about our _______ school cafeteria! Did you think you could get away with _______ tricks such as slyly shooting peas across the room to hit the ________ teacher who had been assigned as Cafeteria Monitor? That act is recorded and flies to the North Pole with super speed! NOW, there’s the case of a boy who visits our school mascot, our giant ________ .Yes,, this _______ boy feeds our mascot the _______ things the boy did not like that were in his sack lunch! That’s why our poor, _______ mascot’s stomach is the size of a _______! The Elf saw this ______ deed and zapped the proof to the North Pole, where Santa himself saw it and shook his _______ and said “______!” WOW: The Elf on our library shelf told me that everybody at our school who minds the rules, is getting a _______ in their Christmas stockings, plus a coupon for a free ______ and a trip to _______ . Beware! _______ kids who do not behave will each receive a _______. Take my advice! Be nice! “Bye” for now! — Marilynn Anderson is the author of “READ EASY with PRESCHOOL PALS, KINDERGARTEN KIDS and ESL FRIENDS — Book six — ‘What’s for Dinner?’, set in eBook format. Each book is priced at $0.99, and is found at Amazon Kindle and Barnes and Noble Nook.
Chiefs are no longer relishing close wins as the stress of the postseason push begins to mount
Labour plans to make spiking a specific offence and has laid out plans for venue staff to be trained in relation to spiking, with a pilot to begin within weeks before a wider rollout next year. Ms Davies-Jones, asked about why it was worthwhile to make spiking a new offence when it is already illegal, said: “Spiking is a crime already. “A lot of people don’t realise that it is a crime already, which is part of the problem.” She said there were around 6,000 reports of spiking last year but that because it is an underreported crime, it is not clear how big of a problem it is. 'Legislation won't fix this on its own...this is about a culture shift' @SophyRidgeSky challenges Minister for Victims @AlexDaviesJones on the govt plan to change the spiking law even though it is already a criminal offence. #PoliticsHub https://t.co/GlTNastFii 📺 Sky 501 pic.twitter.com/Zb65c6KnOM — Politics Hub with Sophy Ridge (@SkyPoliticsHub) November 25, 2024 “Part of the problem we’ve got is around the data collection, so you don’t know if you’ve been spiked with a drink, a needle, a vape, for example,” she told Politics Hub on Sky News. Modernising the offence and giving police the tools to get accurate data allows a clearer picture of where, how and how often spiking is happening, she said. It is about “clarifying it, modernising it, making sure that people know exactly what this is...the law isn’t quite, it isn’t up to date. “It isn’t modern enough.” Sir Keir Starmer earlier said he hopes the change will give people “the confidence to come forward”, in a meeting of police bosses, transport figures and hospitality executives in Downing Street. Spiking will be made a criminal offence. My government was elected to take back our streets, central to this mission is making sure women and girls can feel safe at night. Perpetrators of spiking will feel the full force of the law. — Keir Starmer (@Keir_Starmer) November 25, 2024 Ms Davies-Jones and Home Secretary Yvette Cooper were among the attendees at the round-table discussion on Monday morning. Labour pledged in its manifesto to introduce a new offence for spiking, but there was no detail in the King’s Speech this year about a specific crime, though it promised to ensure an improved police response to cases. According to information published by the Metropolitan Police, spiking offences are currently covered by more than one law, but most come under the Offences Against the Person Act 1861. Sir Keir told the meeting: “There are a number of measures that we are setting out this morning – we want to talk it through with you. “The first is to make spiking a specific offence so that it counts, it’s reported.” He said that such a measure would mean that it “enables everybody to have the confidence to come forward” and also “it allows perpetrators to know that it’s a specific offence”. Detailing the training scheme, he went on: “We’re beginning the piloting of training for staff in venues.” He said the scheme would be “partly to spot what’s happening, but also to know what to do in the event that there is an incident in a venue”. “That will start in December with a pilot then it will be rolled out from March of next year,” Sir Keir added. He also said that the “final” point of discussion for the morning was “police indexing – (the) way that we count it across different police forces”. Sir Keir added: “At the moment it’s quite hard to get your arms around the pure numbers.” Plain clothes officers are being deployed in areas around bars and clubs to spot predatory behaviour. The text-to-report number, 61016, that allows women to contact British Transport Police to report harassment on the train, is due to be relaunched. Home Secretary Yvette Cooper said: “Spiking is a disturbing and serious crime which can have a damaging and long-lasting impact on victims. “That’s why today we are taking decisive action to prevent this devastating crime and to crack down on perpetrators, by introducing a new criminal offence for spiking and launching specialist training for thousands of bar staff nationwide. “People shouldn’t have to worry about the safety of their drinks on a night out. “These changes are about giving victims greater confidence to come forward, and ensuring that there is a robust response from the police whenever these appalling crimes take place.”SEOUL, South Korea , Dec. 26, 2024 /PRNewswire/ -- LG Energy Solution (KRX: 373220) has announced its launch of the 'Battery Innovation Contest (BIC) 2025' to identify and support the next groundbreaking battery technologies. Innovators from universities and research institutions worldwide are encouraged to submit proposals until January 31, 2025 , at https://bridge.lgensol.com/ . Since its inaugural competition in 2017, BIC has been LG Energy Solution's flagship research contest. This year's edition has been revamped to foster greater collaboration between academia and industry. Selected researchers will receive annual research funding of up to USD 150,000 annually. Additional funding may be granted to projects making significant achievements through extended contracts. Unlike previous iterations of the competition, 'BIC 2025' allows participants to submit proposals on specific topics pre-announced by LG Energy Solution. "By presenting specific research optics, we aim to go beyond merely supporting academia and maximize the mutual benefits between the industry and academia," said an LG Energy Solution spokesperson. To facilitate active collaboration, LG Energy Solution has introduced the ' BRIDGE ' system, a platform designed to manage open innovation programs like BIC. The system facilitates seamless collaborations with features that help teams working on joint research projects track their objectives and deliverables. LG Energy Solution has unveiled the preselected 18 research topics for collaborative projects on the ' BRIDGE ' platform, such Battery Safety diagnosis algorithm technology and New materials for LFP Batteries topic. At the same time, the contest retains its traditional format to ensure participants are free to propose completely original research ideas. All research proposals must be submitted through the ' BRIDGE ' system. To protect the original ideas of every participant, LG Energy Solution has split the application process into two stages: initial proposals that provide concise information, followed by detailed proposals from a shortlist of candidates. This change aims to safeguard the ideas of researchers not selected for funding. "The BIC platform serves as a bridge of wisdom between members of academia and industry, driving technological innovation for the all-important battery sector," said Je-Young Kim , CTO of LG Energy Solution. "Through this initiative, we aim to provide differentiated value to our customers by strengthening our technology leadership." As of today, LG Energy Solution has supported 26 battery research projects through the 'BIC' initiative, with some evolving into large-scale projects that have received additional funding and resources. Thanks to the success of this competition, the company continues to establish partnerships with world-leading universities and research institutions, reinforcing its commitment to preparing the battery field for the future. About LG Energy Solution LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 58,000 patents. Its robust global network, which spans North America, Europe, and Asia , includes battery manufacturing facilities established through joint ventures with major automakers. Committed to building sustainable battery ecosystem, LG Energy Solution aims to achieve carbon neutrality across its value chain by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution's ideas and innovations, visit https://news.lgensol.com . View original content: https://www.prnewswire.com/news-releases/lg-energy-solution-hosts-battery-innovation-contest-bic-2025-to-foster-breakthrough-battery-technologies-302339134.html SOURCE LG Energy Solution
SAN DIEGO (AP) — Syracuse coach Fran Brown and Washington State acting coach Pete Kaligis shared a heartfelt hug after their Holiday Bowl news conference on Thursday. Kaligis can certainly use all the support he can get, especially an embrace and some encouraging words from the opposing coach. No. 22 Syracuse (9-3, No. 21 CFP), led by national passing leader Kyle McCord, is a 17-point favorite according to BetMGM in Friday night’s Holiday Bowl against the depleted Cougars (8-4), whose season has nosedived since mid-November. After beating future Pac-12 opponent San Diego State 29-26 on Oct. 26 at Snapdragon Stadium, coach Jake Dickert, quarterback John Mateer and the rest of the Cougars were 7-1 and about to jump into The Associated Press Top 25. Now the Cougars are barely recognizable as they return to Snapdragon. Dickert was hired away by Wake Forest, Mateer transferred to Oklahoma and running back Wayshawn Parker left for Utah. Numerous coaches, including the offensive and defensive coordinators, are gone, and more than 20 players have entered the transfer portal. The Cougars, who lost their last three games, are a prime example of how college football’s rapidly changing landscape can dramatically affect a program. “Going into the ins-and-outs of the game tomorrow doesn’t matter,” Kaligis said. “We are who we are, we have what we have. I know that’s for both of us.” Kaligis said players who entered the portal after Dickert left can suit up Friday night. “I know we came here with 98 guys. That’s who we’re going to show up on the field with.” The state of the game Kaligis said relationships between players and coaches are more important than ever, even if there’s less time to develop trust “and coach them the right way.” “When a staff (member) leaves and guys get in the portal, it’s because of the relationships they have garnered with their position coaches. When that position coach isn’t guaranteed he’s going to be there, that’s who that young man trusts,” Kaligis said. “I’ve been doing this for a long time,” he added. “What’s been hard for me, I spent 13 years at Wyoming, I saw three graduating classes. I remember I was the longest-tenured coach there. To see them all the way through. When I came to Wazzu, I was their fourth D-line coach.” Wazzu’s slump The Cougs improved to 8-1 by beating Utah State 49-28 on Nov. 9 but then lost three straight, including to Oregon State in the de facto championship game between the two teams left in the Pac-12. They also lost to New Mexico and Wyoming, two of the Mountain West teams that weren’t invited to join the reconstituted Pac-12 starting in 2026. Airing it out McCord, who transferred from Ohio State, rewrote the Orange’s record book this season with 4,326 yards passing, 29 touchdowns and 367 completions. He’s well within range of breaking Deshaun Watson’s ACC single-season record of 4,593, which he set in 15 games in 2016. Orange goals A win will give Syracuse 10 wins for the first time since 2018 and just the third time since 2000. Brown can become the second Syracuse coach since World War II to record 10 wins in his first season, joining Paul Pasqualoni, who did it in 1991. In their final regular-season game, the Orange rallied from a 21-0 deficit for a 42-38 win against then-No. 6 Miami that knocked the Hurricanes out of ACC title contention and ended their College Football Playoff hopes. McCord threw for 380 yards and three touchdowns. “We want to go out and have a good game,” Brown said. “We have an opportunity of winning 10 games, which means you’re starting to become a successful program, right? Our players haven’t had a chance of winning a bowl game. So there’s a lot of things that are on the line for us to really be able to build our program and being able to move forward.” Series history This will be the teams’ second meeting. Syracuse beat Washington State 52-25 in 1979. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football Read more NCAA football coverage at thestar.comNone
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