‘It’s bull–’: Rachael Rollins weighs in on charges against Fernandes AndersonFew leagues will humble you as fast as the NFL the moment you enjoy even a semblance of success. Time and time again, apparent young superstars fly way too close to the sun and predictably have their wings burned off. We can probably safely add the Houston Texans' C.J. Stroud to that depressing catalog -- at least for now. On Sunday, the second-year quarterback looked like a shell of the passer who broke several records en route to an Offensive Rookie of the Year Award in 2023. Stroud's recent alarming struggles culminated in him taking a backbreaking, game-losing safety to seal a bad loss to the woeful Tennessee Titans. This, on a day where Stroud already threw two interceptions and took four sacks (they are a quarterback stat!). Something is broken with someone who was anointed The Next Great Quarterback over the past entire offseason: SAFETY AND THE TITANS WILL WIN IT — Mr Matthew CFB (@MrMatthew_CFB) I have little doubt that a great quarterback remains somewhere inside of Stroud. Talent doesn't just leave players like him overnight. It's just that we haven't seen that great quarterback in an alarming amount of time now. Stroud hasn't thrown for at least 300 yards since early October. His average yards per pass attempt (7.2) has dropped a full point off of last year's sparking number (8.2). His passer rating (88.0) has dropped more than 12 full points from his rookie campaign (100.8). The most disturbing element in Stroud's issues is how he now creates actively negative plays for the Texans' offense. His 1.9 interception percentage is league-average a year after he took care of the ball better than almost everyone, his sack percentage of 8.79 is bottom-10 in the league. I don't care who you are. No offense and no quarterback can survive that kind of self-inflicting volatile mix. There are several plausible culprits in play for Stroud's sophomore slump. A year after being recognized as one of the NFL's hottest coaches, offensive coordinator Bobby Slowik's scheme has stagnated. It asks entirely too much of Stroud to be a hero for the Houston offense to function. The loss of Stefon Diggs also doesn't help, as there aren't too many security blankets for a young quarterback to lean on. Plus, if the Texans' rushing offense doesn't get going with Joe Mixon, their play has no discernible rhythm. Still, this doesn't excuse Stroud, who has shown a stunning lack of poise against pressure and in structure just a year after being one of the finest in those categories. He has played an immense role in his own problems, and he needs to learn from them in earnest before becoming an elite player again. Full stop. Don't get me wrong. There's plenty of time for the 23-year-old Stroud to turn things around and still reach his massive potential. But this 2024 season has unearthed an evergreen fact about gifted young quarterbacks. Their development is not linear. It never has been. They are not guaranteed to keep excelling after one great season. Most, in fact, will take their lumps and experience lows before hopefully returning to their highs. And if you're the Texans, you should've been more prepared for that reality with the face of your franchise.ATI Inc. ( NYSE:ATI – Get Free Report ) has been given an average recommendation of “Moderate Buy” by the eight analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $73.71. ATI has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of ATI from $65.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of ATI from $81.00 to $84.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. KeyCorp downgraded shares of ATI from an “overweight” rating to a “sector weight” rating in a report on Thursday, October 24th. Susquehanna cut their price target on shares of ATI from $75.00 to $70.00 and set a “positive” rating on the stock in a report on Wednesday, October 30th. Finally, Benchmark restated a “buy” rating and set a $80.00 price objective on shares of ATI in a report on Wednesday, August 7th. Get Our Latest Report on ATI ATI Stock Performance ATI ( NYSE:ATI – Get Free Report ) last released its quarterly earnings data on Tuesday, October 29th. The basic materials company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.06). ATI had a net margin of 8.85% and a return on equity of 21.39%. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the firm earned $0.55 EPS. The business’s revenue was up 2.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that ATI will post 2.27 EPS for the current year. ATI declared that its Board of Directors has approved a stock buyback plan on Tuesday, September 3rd that permits the company to repurchase $700.00 million in shares. This repurchase authorization permits the basic materials company to repurchase up to 9.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued. Insider Buying and Selling at ATI In other news, Chairman Robert S. Wetherbee sold 25,000 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $61.61, for a total transaction of $1,540,250.00. Following the sale, the chairman now owns 511,443 shares in the company, valued at approximately $31,510,003.23. This trade represents a 4.66 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link . Insiders own 0.71% of the company’s stock. Hedge Funds Weigh In On ATI A number of large investors have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC raised its position in ATI by 3.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 5,383 shares of the basic materials company’s stock worth $360,000 after purchasing an additional 172 shares during the period. O Shaughnessy Asset Management LLC increased its position in shares of ATI by 3.3% in the first quarter. O Shaughnessy Asset Management LLC now owns 7,113 shares of the basic materials company’s stock valued at $364,000 after acquiring an additional 224 shares during the period. Beck Capital Management LLC increased its position in shares of ATI by 0.8% in the second quarter. Beck Capital Management LLC now owns 34,229 shares of the basic materials company’s stock valued at $1,898,000 after acquiring an additional 262 shares during the period. KBC Group NV increased its position in shares of ATI by 12.9% in the third quarter. KBC Group NV now owns 3,362 shares of the basic materials company’s stock valued at $225,000 after acquiring an additional 385 shares during the period. Finally, Souders Financial Advisors boosted its stake in shares of ATI by 6.1% during the 3rd quarter. Souders Financial Advisors now owns 7,125 shares of the basic materials company’s stock valued at $477,000 after purchasing an additional 411 shares in the last quarter. ATI Company Profile ( Get Free Report ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts. Featured Stories Receive News & Ratings for ATI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATI and related companies with MarketBeat.com's FREE daily email newsletter .
2 Incredible Growth Stocks to Buy With $1,000 Right Now
Marc-Andre Fleury’s game still blooms in new Wild role
Adopted Ballarat local and new Giant Ollie Hannaford felt the regional city’s pain this year during a devastating two-month period when three women were killed. The deaths of Samantha Murphy, Rebecca Young and Hannah McGuire sparked grief and anger, but also unity against gender-based violence within the close-knit Ballarat community. The three women died violently , allegedly at the hands of men. Bendigo-raised Hannaford – who the Giants used a top-20 pick on at last week’s AFL draft – was boarding at St Patrick’s College in Ballarat, and wanted to make a stand, too. Giants draftee Ollie Hannaford. Credit: Nick Moir The horrific Bondi Junction stabbings in NSW were also around this time, with five women among the victims. Hannaford’s conversation with the school’s boarding master, Tam Westwood, led to the creation of the “Break the cycle” event, designed to raise funds and awareness about violence against women. Students and staff took turns riding four exercise bikes non-stop for 24 hours, helping raise more than $8000 for the cause. Hannaford hopes it will become an annual event on the St Pat’s calendar. “It was so awful, and some people [at school] knew the victims and even knew the people who were a part of it,” Hannaford told this masthead. “It was very eye-opening, especially when you have such important women in your life, like mothers, sisters, girlfriends – everything. It was very confronting, almost, just thinking how hard it would be if it happened to your family, so it was a no-brainer for us to try and do something. “Being an all-boys school, I think it was very significant for our school to show that we are respectful young men, and we were trying to get rid of the stigma of toxic masculinity.” This was not an isolated case of Hannaford’s leadership, with the 18-year-old captaining the school’s football side and his boarding house. He plans to use his new status as an AFL footballer, alongside close friend and fellow St Pat’s graduate-turned-Giant Jack Ough, to continue making a difference beyond sport. Hannaford is making his mark on and off the football field. Credit: AFL Photos “Being on an AFL list now, it’s really important to be able to use that platform for a good cause, so doing more things like this is something that I can work towards in the future,” Hannaford said. “I’ve built my leadership and definitely benefited from going to [St Patrick’s College] as well, so it’s something I’m trying to display when I can.” “It was very eye-opening, especially when you have such important women in your life, like mothers, sisters, girlfriends – everything. It was very confronting, almost, just thinking how hard it would be if it happened to your family, so it was a no-brainer for us to try and do something.” However, the Giants did not select Hannaford just because he is a model citizen. His surprise mid-season switch to the forward line – after starting the season as a midfielder, then shifting to defence – saw him transform from a fringe draftee into a certain first-round selection, with GWS swooping with their No.18 pick. Hannaford’s blistering second half of the season for GWV Rebels was integral in the David Loader-coached team reaching the Talent League under-18 grand final, as well as his own stocks rising. Recruiters became enamoured with his goalkicking nous, speed, agility, power, aggression and ultra-competitiveness, all of which should fit in wonderfully in Giants coach Adam Kingsley’s system. “It was a bit of a rollercoaster for me. I came into the year expecting to be a midfielder who gets 30 touches a game,” Hannaford said. “That’s what every kid dreams of, but I couldn’t live up to that, and I wasn’t playing good footy, so I went to the backline, went back to what I was good at, and what I was used to, but it wasn’t really giving me the exposure I needed and wanted. “I was lucky enough to make the Vic Country team, and I got told I was playing forward in the first champs games – and I had barely played there at all my whole career.” Hannaford (left) with fellow Giants draftee Harry Oliver. Credit: AFL Photos Even then, it was not all smooth sailing. Hannaford was dropped for Country’s championships finale against Metro, which lit a fire within him that remained throughout the rest of the season. Now, he could be about to share a forward line with the likes of Toby Greene and Jesse Hogan. “I’m over the moon, and can’t wait to get stuck into it,” Hannaford said. “It’s obviously a very competitive team, so it’s going to take a lot of work to try and get a game, but if I do, it will be unbelievable.” If you or anyone you know needs support, you can contact the National Sexual Assault, Domestic and Family Violence Counselling Service on 1800RESPECT (1800 737 732), Lifeline 131 114, or Beyond Blue 1300 224 636. Or, in Ballarat, call Orange Door on 1800 219 819An investor in DMC Global Inc. (Nasdaq: BOOM) claims in a recently filed class-action lawsuit that key executives at the oilfield-services, construction-products and infrastructure firm intentionally withheld information about potential weakness in its largest business unit, a decision that hurt shareholders when DMC’s stock price plunged this fall after disclosures painted a less-than-rosy picture of DMC’s performance and outlook. Subscribe to continue reading this article. Already subscribed? To login in, click here.
Is ‘Glicked’ the new ‘Barbenheimer’? ‘Wicked’ and ‘Gladiator II’ collide in theatersColts at Patriots prediction: Odds, expert picks, QB matchup, injury update, betting trends and stats
DKosig The Fidelity Total Bond ETF ( NYSEARCA: FBND ), launched on 10/06/2014 by Fidelity Management & Research Company LLC., is an actively managed bond ETF that measures its performance against the Bloomberg U.S. Aggregate Bond Index and the Bloomberg U.S. Universal Bond Index. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Share this Story : Rockcliffe Park fight over 'big, modern' home not over yet Copy Link Email X Reddit Pinterest LinkedIn Tumblr Breadcrumb Trail Links Local News Rockcliffe Park fight over 'big, modern' home not over yet A Divisional Court appeal panel rejected the Rockcliffe Park Residents Association’s request for judicial review of the city’s decision to grant a building permit for the home, and criticized the association for its heavy-handedness. Author of the article: Andrew Duffy Published Nov 24, 2024 • 3 minute read Join the conversation You can save this article by registering for free here . Or sign-in if you have an account. The Rockcliffe Park Residents Association has lost its latest bid to stop the construction of a new home at 280 Cloverdale Rd. that it considers too big and too modern. Photo by LINEBOX STUDIO / HANDOUT Article content The Rockcliffe Park Residents Association has lost its latest bid to block the construction of a large Cloverdale Road home it considered “too big and too modern” for the heritage district. In a recent decision, a Divisional Court appeal panel rejected the association’s request for judicial review of the city’s decision to grant a building permit for the home, and criticized the association for its heavy-handedness. Advertisement 2 Story continues below This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office. Unlimited online access to Ottawa Citizen and 15 news sites with one account. Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office. Unlimited online access to Ottawa Citizen and 15 news sites with one account. Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Sign In or Create an Account Email Address Continue or View more offers If you are a Home delivery print subscriber, unlimited online access is included in your subscription. Activate your Online Access Now Article content “I am concerned that the applicant (Rockcliffe Park Residents Association) is purporting to act as an extra judge and jury in the regulatory approval process,” said Ontario Superior Court Justice Frederick Myers, writing for the three-member panel. “If it is entitled to full participation rights and can launch judicial review if an owner does not buckle under to neighbours’ demands, then the applicant becomes an additional decision-maker.” The judge warned that such a system could create a development chill. The Rockcliffe Park Residents Association has lost its bid to block the construction of a Cloverdale Road home that it calls “too big and too modern” for the heritage district. The home is to be built at 480 Cloverdale Rd., pictured on Saturday, Nov. 23, 2024. Photo by Ashley Fraser / Postmedia Scott Heatherington, president of the Rockcliffe Park Residents Association (RPRA), said the association has sought leave to appeal the decision to the Court of Appeal of Ontario. “The RPRA is committed to upholding the Rockcliffe Park Heritage Conservation District’s legal protection under the Ontario Heritage Act,” he said in an email. The association contends the judge erred in his interpretation of the act. The owner of 480 Cloverdale Rd., Ottawa homebuilder Jianbin Wang, first applied for a permit to build a new home on the empty lot in October 2021. Wang’s large, double lot backs onto the Rockcliffe Lawn and Tennis Club. Evening Update The Ottawa Citizen’s best journalism, delivered directly to your inbox by 7 p.m. on weekdays. There was an error, please provide a valid email address. Sign Up By signing up you consent to receive the above newsletter from Postmedia Network Inc. Thanks for signing up! A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Evening Update will soon be in your inbox. We encountered an issue signing you up. Please try again Article content Advertisement 3 Story continues below This advertisement has not loaded yet, but your article continues below. Article content City staff, however, expressed concern that a proposed north wing would not be compatible with a neighbouring home designated as a “Grade 1” property, meaning it contributes to Rockcliffe Park’s heritage value. Wang submitted a revised plan, but the built heritage committee and city council rejected it because staff’s concerns had not been met. In April 2023, Wang again applied for a building permit based on a new home design. His application included a heritage impact assessment that concluded the proposed home has a “modest street face” that would not overwhelm his neighbour’s property. The Rockcliffe Park Residents Association has lost its latest bid to stop the construction of a new home at 280 Cloverdale Road that it considers too big and too modern. Photo by LINEBOX STUDIO / HANDOUT Staff endorsed the new plan, which features a series of “linked pods” designed to accommodate three generations of the Wang family. “While the building is significantly larger than the neighbouring Grade 1 property, it is important to note that the property is also significantly larger,” the staff report concluded. The built heritage committee approved the new design, and city council granted Wang a building permit in July 2023. The Rockcliffe Park Residents Association, which had opposed the permit, sought judicial review of council’s decision. Advertisement 4 Story continues below This advertisement has not loaded yet, but your article continues below. Article content The association argued city staff and the heritage committee failed to properly apply the mandatory provisions of the Rockcliffe Park Heritage Plan, which, among other things, imposes restrictions on the height, mass and materials of new buildings, and requires that they be “consistent” with nearby Grade 1 homes. It argued the height and volume limits in the plan are legal constraints that the city could not simply ignore in approving Wang’s house. Wang’s proposed house is about 3.5 times the volume of his neighbour’s home at 284 Cloverdale Rd., and about twice the size of its footprint. The Divisional Court panel said city officials considered the massing of the home, and came to the reasonable conclusion it was “consistent” with its neighbour given the lot’s larger size. The panel noted the Rockcliffe heritage plan “does not say that new homes can never exceed the height or volume of neighbours’ houses,” and does not amount to “a mathematical prohibition.” It said new homes must be judged in context, and assessed as to whether they’re “sympathetic to the character of their historic neighbours in terms of massing, height and materials.” The panel concluded the city’s decision was fair and reasonable. Recommended from Editorial Rockcliffe Park resident uses Instagram to shame 'dilapidated' ambassadors' residences Council approves plan to replace Rockcliffe Park heritage home with duplex Article content Share this article in your social network Share this Story : Rockcliffe Park fight over 'big, modern' home not over yet Copy Link Email X Reddit Pinterest LinkedIn Tumblr Comments You must be logged in to join the discussion or read more comments. Create an Account Sign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Trending Wife of abusive CFB Petawawa soldier seeks $12 million in damages from military Local News Government auctioning off 'rare' Pokémon card from surplus list Public Service Ottawa's death toll from drug overdoses appears headed for new record in 2024 News Ottawa councillor's profane outburst with daycare staff 'bullying and intimidation' News TAKEAWAYS: Ottawa Senators lose again, even after best Vancouver Canucks player kicked out Ottawa Senators Read Next Latest National Stories Featured Local Savings
Banque Cantonale Vaudoise Sells 790 Shares of Costamare Inc. (NYSE:CMRE)JOHNSON CITY, Tenn. (AP) — John Buggs III's 15 points helped East Tennessee State defeat Austin Peay 79-57 on Saturday night. Buggs shot 4 for 7 (3 for 5 from 3-point range) and 4 of 4 from the free-throw line for the Buccaneers (6-2). Jaden Seymour scored 13 points and added 11 rebounds. Quimari Peterson had 13 points and went 6 of 11 from the field. The Governors (4-4) were led in scoring by LJ Thomas, who finished with 15 points. Austin Peay also got 10 points, seven rebounds and two steals from Tate McCubbin. Tekao Carpenter also had eight points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Yto Barrada to Represent France at Next Venice BiennaleCentral Connecticut State defeats Binghamton 64-56
The year girl power got a joyous update
Swiss National Bank cut its holdings in shares of Ciena Co. ( NYSE:CIEN – Free Report ) by 1.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 280,500 shares of the communications equipment provider’s stock after selling 4,000 shares during the period. Swiss National Bank owned about 0.19% of Ciena worth $17,276,000 as of its most recent SEC filing. A number of other large investors have also recently made changes to their positions in CIEN. Mutual of America Capital Management LLC boosted its holdings in shares of Ciena by 1.2% in the third quarter. Mutual of America Capital Management LLC now owns 133,856 shares of the communications equipment provider’s stock valued at $8,244,000 after acquiring an additional 1,578 shares during the period. Seizert Capital Partners LLC acquired a new stake in shares of Ciena in the third quarter valued at approximately $2,103,000. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Ciena in the third quarter valued at approximately $40,416,000. Natixis Advisors LLC boosted its holdings in shares of Ciena by 549.7% in the third quarter. Natixis Advisors LLC now owns 151,747 shares of the communications equipment provider’s stock valued at $9,346,000 after acquiring an additional 128,392 shares during the period. Finally, Royce & Associates LP acquired a new stake in shares of Ciena in the third quarter valued at approximately $7,304,000. 91.99% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes CIEN has been the subject of several analyst reports. Bank of America restated a “neutral” rating and set a $59.00 price target on shares of Ciena in a research note on Thursday, September 5th. Citigroup upgraded Ciena from a “sell” rating to a “buy” rating and increased their price objective for the stock from $44.00 to $68.00 in a research report on Monday, September 23rd. Needham & Company LLC reiterated a “buy” rating and issued a $65.00 price objective on shares of Ciena in a research report on Thursday, September 5th. Rosenblatt Securities increased their price objective on Ciena from $54.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, September 5th. Finally, JPMorgan Chase & Co. cut Ciena from an “overweight” rating to a “neutral” rating and set a $65.00 price objective for the company. in a research report on Monday, October 7th. Eight analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Ciena has an average rating of “Hold” and an average target price of $63.08. Ciena Stock Up 2.9 % Shares of NYSE:CIEN opened at $70.13 on Friday. The stock’s 50-day moving average price is $65.21 and its two-hundred day moving average price is $55.28. The company has a current ratio of 4.06, a quick ratio of 2.99 and a debt-to-equity ratio of 0.53. Ciena Co. has a 12-month low of $42.20 and a 12-month high of $73.47. The firm has a market cap of $10.13 billion, a price-to-earnings ratio of 74.61, a PEG ratio of 5.45 and a beta of 0.94. Ciena ( NYSE:CIEN – Get Free Report ) last issued its earnings results on Wednesday, September 4th. The communications equipment provider reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.09. Ciena had a return on equity of 5.98% and a net margin of 3.44%. The business had revenue of $942.30 million during the quarter, compared to analysts’ expectations of $928.31 million. During the same quarter in the previous year, the business earned $0.36 EPS. The company’s revenue for the quarter was down 11.8% on a year-over-year basis. On average, research analysts forecast that Ciena Co. will post 1.13 EPS for the current year. Ciena declared that its board has approved a stock repurchase program on Wednesday, October 2nd that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the communications equipment provider to purchase up to 10.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued. Insider Transactions at Ciena In other news, SVP David M. Rothenstein sold 3,500 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $56.24, for a total transaction of $196,840.00. Following the completion of the sale, the senior vice president now owns 205,421 shares in the company, valued at approximately $11,552,877.04. The trade was a 1.68 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Also, SVP Joseph Cumello sold 1,289 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $68.99, for a total value of $88,928.11. Following the transaction, the senior vice president now directly owns 39,486 shares in the company, valued at $2,724,139.14. This trade represents a 3.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last quarter, insiders sold 10,489 shares of company stock worth $657,051. 0.83% of the stock is currently owned by company insiders. Ciena Profile ( Free Report ) Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company’s Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services. Featured Articles Receive News & Ratings for Ciena Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ciena and related companies with MarketBeat.com's FREE daily email newsletter .Knicks vs. Pelicans Injury Report Today – December 1
You are amazing! Just a few weeks into our Give Blood, Save Lives campaign to secure 5000 donations of potentially life-saving blood across the Highlands and Moray and already almost 600 big-hearted heroes have come forward. With each donation potentially able to be split three ways that is more than 1700 people in need who have been helped - so far. Among the 590 people who have heeded the call to help are 34 who have given blood for the very first time. A total of 41 plasma donations have also been made, plasma being a specific component of blood that can be used in a variety of ways including to help boost the immune systems of those struggling on that front, for example those undergoing cancer treatment. Scottish National Blood Transfusion Service (SNBTS) head of territory Dr Sylvia Armstrong-Fisher said: “Giving blood or plasma only takes around one hour of your time, but it could give a whole new lease of life to patients in need over the festive season. “We’d like to say a huge thank you to all the donors who have already taken the time out of their busy schedules in the run up to Christmas to ensure they’ve given their festive donations. “There are plenty more opportunities to give blood in Inverness and the surrounding area in the next few weeks.” Among those getting in their donations before Christmas were two Highland businesses who gathered colleagues together for a collective act of giving. Among those were donors from telecoms specialists Future Group Communications Division, led by director Fraser Mackenzie who has been a blood donor for over 10 years. Join Highland News and Media campaign to make a difference Blood donations - 12 ways they can help at Christmas (or any time)! Give life-saving plasma donations “It’s such a worthwhile thing to do,” he said. “It takes so little time and effort, and it could make a massive difference to someone else out there. “After speaking with a contact at another business who’d organised a group donation event, I decided to do the same. “It was easy to organise and a great excuse to do something together and have a good laugh outside of work.” Staff from Breedon Group, a leading producer of construction materials, were also in a giving mood, among them first-time donor Stephen Chisholm. “I’ve always known it was a good thing to do,” he said. “Giving blood as a group has made my first donation experience so much more relaxed and I’ve had great support here with me. “It feels really good knowing that we’ve done something together that took so little of our time but can make a huge difference to someone else out there.’ Simon Johnston was something of a “lapsed” donor but was delighted to get back into the saddle “I gave blood years ago at a local community donor session in Elgin but fell out of the habit,” he said. “When I heard the team were organising a group event, I knew I wanted to be involved. “Coming together as a team helps you feel relaxed, and the banter is great too!” There are a range of opportunities to give blood over the festive season and beyond - and if you are a workplace, social or sporting group keen to give collectively we would love to hear from you. Inverness Blood Donor Centre has a range of opening hours throughout the festive period. There will also be a session at Green Drive Community Hall, Culduthel, Inverness on December 30 (2.30-4pm and 5.30-7.30pm) where there are still appointments available. Other community sessions due to be held over the next few weeks include at Elgin on January 5 and Wick on January 8. Book an appointment at www.scotblood.co.uk or give them a call on 0345 90 90 999 (Mon-Fri, 9am-5pm) to find out more.AP Trending SummaryBrief at 5:42 p.m. EST
Friendly reminder |
The authenticity of this information has not been verified by this website and is for your reference only. Please do not reprint without permission. If authorized by this website, it should be used within the scope of authorization and marked with "Source: this website". |
Special attention |
Some articles on this website are reprinted from other media. The purpose of reprinting is to convey more industry information, which does not mean that this website agrees with their views and is responsible for their authenticity. Those who make comments on this website forum are responsible for their own content. This website has the right to reprint or quote on the website. The comments on the forum do not represent the views of this website. If you need to use the information provided by this website, please contact the original author. The copyright belongs to the original author. If you need to contact this website regarding copyright, please do so within 15 days. |