Los Angeles Chargers rookie wide receiver Ladd McConkey, listed as questionable due to a shoulder issue, is expected to play Monday night against the visiting Baltimore Ravens, NFL Network reported. McConkey missed practice on Thursday and was limited on Friday and Saturday. Star linebacker Khalil Mack, who was questionable because of a groin injury and was a limited participant, also is expected to play, according to the report. The Chargers (7-3) made several moves Monday ahead of the game against the Ravens (7-4), placing tight end Hayden Hurst (hip) on injured reserve, activating cornerback Deane Leonard (hamstring) off IR, signing cornerback Eli Apple from the practice to the active squad, and elevating linebacker Caleb Murphy and safety Tony Jefferson for game day. McConkey, 23, has started nine of 10 games and has 43 receptions on 63 targets for 615 yards and four touchdowns. The Chargers drafted the 6-foot, 185-pound McConkey in the second round of the 2024 NFL Draft out of Georgia. Mack, 33, is a three-time first-team All-Pro, an eight-time Pro Bowl selection and the 2016 NFL Defensive Player of the Year. He has started the nine games he has played and has 26 tackles and 4.5 sacks this season. For his career, Mack has 617 tackles, 106 sacks, 141 tackles for loss, 178 quarterback hits, three interceptions -- two returned for touchdowns -- 32 forced fumbles and 13 fumble recoveries in 160 games (159 starts). He has played for the Raiders (2014-17), Chicago Bears (2018-21) and Chargers. Hurst, 31, has started two of seven games in his first season with the Chargers. He has seven receptions on 12 targets for 65 yards. A first-round pick (25th overall) by Baltimore in the 2018 NFL Draft out of South Carolina, Hurst has 202 receptions for 1,967 yards and 15 TDs in 86 games (41 starts) for the Ravens (2018-19), Atlanta Falcons (2020-21), Cincinnati Bengals (2022), Carolina Panthers (2023) and Chargers. Apple, 29, has two tackles in three games this season, his first with the Chargers. The 10th overall selection in the 2016 draft, Apple has 383 career tackles and six interceptions in 101 games (82 starts) for the New York Giants (2016-18), New Orleans Saints (2018-19), Panthers (2020), Bengals (2021-22), Miami Dolphins (2023) and Chargers. Leonard, who turned 25 last Tuesday, has four tackles in four games this season. His 21-day practice window on IR opened Wednesday. --Field Level Media
Croatia’s incumbent president wins most votes at polls but still faces runoff
Taxpayers could get $500 'inflation refund' checks under New York proposal: What to know
KBC Group NV raised its stake in Albany International Corp. ( NYSE:AIN – Free Report ) by 28.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,058 shares of the textile maker’s stock after buying an additional 237 shares during the period. KBC Group NV’s holdings in Albany International were worth $94,000 at the end of the most recent quarter. A number of other hedge funds have also added to or reduced their stakes in AIN. Hilltop National Bank lifted its stake in Albany International by 14.7% in the second quarter. Hilltop National Bank now owns 1,045 shares of the textile maker’s stock worth $88,000 after acquiring an additional 134 shares during the period. GAMMA Investing LLC raised its stake in Albany International by 27.4% in the second quarter. GAMMA Investing LLC now owns 674 shares of the textile maker’s stock worth $57,000 after buying an additional 145 shares in the last quarter. Creative Planning lifted its holdings in Albany International by 3.0% during the second quarter. Creative Planning now owns 5,018 shares of the textile maker’s stock worth $424,000 after buying an additional 147 shares during the period. Arizona State Retirement System increased its holdings in shares of Albany International by 2.0% in the 2nd quarter. Arizona State Retirement System now owns 8,744 shares of the textile maker’s stock valued at $738,000 after acquiring an additional 175 shares during the period. Finally, Dakota Wealth Management raised its position in shares of Albany International by 1.5% in the 2nd quarter. Dakota Wealth Management now owns 13,211 shares of the textile maker’s stock worth $1,116,000 after acquiring an additional 195 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors. Albany International Stock Up 2.7 % AIN stock opened at $84.78 on Friday. The company has a quick ratio of 2.94, a current ratio of 3.68 and a debt-to-equity ratio of 0.36. Albany International Corp. has a 52 week low of $67.39 and a 52 week high of $99.41. The stock has a market capitalization of $2.65 billion, a PE ratio of 25.81, a price-to-earnings-growth ratio of 2.69 and a beta of 1.29. The firm has a 50 day moving average of $78.90 and a 200 day moving average of $84.64. Wall Street Analyst Weigh In AIN has been the topic of several analyst reports. TD Cowen cut their target price on Albany International from $95.00 to $81.00 and set a “buy” rating on the stock in a research note on Friday, October 4th. Truist Financial reduced their price objective on shares of Albany International from $91.00 to $85.00 and set a “buy” rating for the company in a research note on Friday, November 1st. StockNews.com downgraded shares of Albany International from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Bank of America reduced their price target on Albany International from $90.00 to $80.00 and set an “underperform” rating on the stock in a research report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $85.50. Read Our Latest Stock Report on Albany International Insider Buying and Selling at Albany International In other Albany International news, CEO Gunnar Kleveland purchased 1,400 shares of the stock in a transaction on Tuesday, November 5th. The shares were bought at an average cost of $71.25 per share, with a total value of $99,750.00. Following the completion of the acquisition, the chief executive officer now owns 8,284 shares in the company, valued at $590,235. This trade represents a 20.34 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, SVP Robert Alan Hansen acquired 1,050 shares of Albany International stock in a transaction on Tuesday, November 5th. The shares were bought at an average price of $71.26 per share, with a total value of $74,823.00. Following the purchase, the senior vice president now directly owns 8,387 shares in the company, valued at approximately $597,657.62. The trade was a 14.31 % increase in their position. The disclosure for this purchase can be found here . In the last 90 days, insiders have bought 3,450 shares of company stock worth $245,813. 0.76% of the stock is currently owned by insiders. About Albany International ( Free Report ) Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, pulps, nonwovens, building products, tannery, and textiles, as well as fiber cement and several other industrial applications. Recommended Stories Want to see what other hedge funds are holding AIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Albany International Corp. ( NYSE:AIN – Free Report ). Receive News & Ratings for Albany International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Albany International and related companies with MarketBeat.com's FREE daily email newsletter .
Croatia’s incumbent president wins most votes at polls but still faces runoffPrincipal Financial Group Inc. increased its holdings in HDFC Bank Limited ( NYSE:HDB – Free Report ) by 31.5% in the third quarter, HoldingsChannel.com reports. The firm owned 47,225 shares of the bank’s stock after buying an additional 11,319 shares during the quarter. Principal Financial Group Inc.’s holdings in HDFC Bank were worth $2,954,000 at the end of the most recent reporting period. Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of HDFC Bank by 10.9% in the first quarter. Vanguard Group Inc. now owns 122,023 shares of the bank’s stock valued at $6,830,000 after purchasing an additional 12,037 shares in the last quarter. Advisors Asset Management Inc. grew its position in shares of HDFC Bank by 34.5% in the first quarter. Advisors Asset Management Inc. now owns 24,400 shares of the bank’s stock valued at $1,366,000 after purchasing an additional 6,261 shares in the last quarter. Toronto Dominion Bank grew its position in shares of HDFC Bank by 10.8% in the first quarter. Toronto Dominion Bank now owns 3,328 shares of the bank’s stock valued at $186,000 after purchasing an additional 325 shares in the last quarter. LRI Investments LLC purchased a new stake in shares of HDFC Bank in the first quarter valued at approximately $125,000. Finally, Earnest Partners LLC grew its position in shares of HDFC Bank by 9.1% in the first quarter. Earnest Partners LLC now owns 1,249,070 shares of the bank’s stock valued at $69,910,000 after purchasing an additional 103,917 shares in the last quarter. 17.61% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth Separately, StockNews.com upgraded HDFC Bank from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. HDFC Bank Trading Up 1.5 % HDB opened at $64.51 on Friday. HDFC Bank Limited has a one year low of $52.16 and a one year high of $67.44. The stock has a market capitalization of $163.36 billion, a PE ratio of 19.61, a P/E/G ratio of 1.65 and a beta of 0.91. The business’s 50 day moving average price is $63.03 and its 200 day moving average price is $61.14. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.53 and a current ratio of 0.53. HDFC Bank ( NYSE:HDB – Get Free Report ) last released its quarterly earnings data on Saturday, October 19th. The bank reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.09. HDFC Bank had a return on equity of 12.49% and a net margin of 14.48%. The firm had revenue of $9.21 billion for the quarter, compared to analysts’ expectations of $4.84 billion. As a group, equities research analysts expect that HDFC Bank Limited will post 3.2 EPS for the current year. HDFC Bank Profile ( Free Report ) HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in three segments: Wholesale Banking, Retail Banking, and Treasury Services. It accepts savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits. Read More Want to see what other hedge funds are holding HDB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HDFC Bank Limited ( NYSE:HDB – Free Report ). Receive News & Ratings for HDFC Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HDFC Bank and related companies with MarketBeat.com's FREE daily email newsletter .
NEW YOR , Dec. 23, 2024 /PRNewswire/ -- CLOSING PRICES AS OF 11/30/24 NAV 18.81 MKT 16.65 AVERAGE ANNUAL TOTAL RETURN AS OF 11/30/24 NAV (%) MKT (%) One-Month* 10.45 9.90 Year to Date* 21.20 20.98 One-Year 34.42 34.17 Three-Year 6.73 5.74 Five-Year 12.01 11.80 10-Year 10.34 10.18 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. Returns as of the recent month-end may be obtained at www.royceinvest.com . The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold. The Fund invests primarily in securities of small-cap and micro-cap companies, which may involve considerably more risk than investing in larger-cap companies. The Fund's broadly diversified portfolio does not ensure a profit or guarantee against loss. From time to time, the Fund may invest a significant portion of its net assets in foreign securities, which may involve political, economic, currency, and other risks not encountered in U.S. investments. PORTFOLIO DIAGNOSTICS Average Market Cap 1 $3368.5M Weighted Average P/E 2 18.6x Weighted Average P/B 2 2.3x Net Assets $2.19B 1 Geometric Average : This weighted calculation uses each portfolio holding's market cap in a way designed to not skew the effect of very large or small holdings; instead, it aims to better identify the portfolio's center, which Royce believes offers a more accurate measure of average market cap than a simple mean or median. 2 Harmonic Average : This weighted calculation evaluates a portfolio as if it were a single stock and measures it overall. It compares the total market value of the portfolio to the portfolio's share in the earnings of its underlying stocks. The Price-Earnings , or P/E, ratio is calculated by dividing a company's share price by its trailing 12-month earnings-per-share (EPS). The Fund's P/E ratio calculation excludes companies with zero or negative earnings (17% of portfolio holdings as of 11/30/24). The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share. The Price-to-Book , or P/B, Ratio is calculated by dividing a company's share price by its book value per share. Portfolio Composition TOP 10 POSITIONS % OF NET ASSETS (SUBJECT TO CHANGE) IES Holdings 2.1 PAR Technology 1.4 Assured Guaranty 1.4 Impinj 1.3 SEI Investments 1.2 Enovis Corporation 1.2 E-L Financial 1.0 Air Lease Cl. A 1.0 Arcosa 1.0 Haemonetics Corporation 1.0 TOP FIVE SECTORS % OF NET ASSETS (SUBJECT TO CHANGE) Industrials 24.5 Financials 20.8 Information Technology 16.0 Health Care 9.5 Consumer Discretionary 9.1 Recent Developments Royce Small-Cap Trust is a closed-end diversified management investment company whose shares of Common Stock (RVT) are listed and traded on the New York Stock Exchange. Its primary investment goal is long-term capital growth, which it seeks by investing at least 65% of its assets in equity securities primarily of small- and micro-cap companies. Daily net asset values (NAVs) for Royce Small-Cap Trust are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XRVTX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.royceinvest.com . An investor in Royce Small-Cap Trust should consider the Fund's investment goals, risks, fees, and expenses carefully before investing. Important Disclosure Information Closed-End Funds are registered investment companies whose shares of common stock may trade at a discount to their net asset value. Shares of each Fund's common stock are also subject to the market risks of investing in the underlying portfolio securities held by the Fund. Royce Fund Services, LLC. ("RFS") is a member of FINRA and has filed this material with FINRA on behalf of each Fund. RFS does not serve as a distributor or as an underwriter to the closed-end funds. View original content: https://www.prnewswire.com/news-releases/royce-small-cap-trust-nyse-rvt-as-of-nov-30-2024-302338560.html SOURCE Royce Value Trust, Inc.For the past 14 years, Alex Vynokur, the co-founder of Betashares, has quietly built his company into one of the largest local providers of exchange-traded funds and one of the country’s fastest growing asset managers. In 2024, Betashares attracted inflows of $16 billion, lifting its total funds under management to $46 billion. “The focus for the past decade has very much been about building out the core ETF capability,” explains Vynokur. “We are now a steward of significant capital on behalf of more than 1 million Australian investors and over two-thirds of financial advisors.” Betashares now accounts for one-third of every dollar that goes into the Australian ETF industry, according to Vynokur, and is eyeing growth in Asia. Alex Vynokur, the chief executive of Betashares. Credit: Louie Douvis An ETF is a basket of securities that are pooled into one fund, which is traded on a stock exchange. An investor in an ETF doesn’t own the securities, instead owning units in the ETF, while the ETF provider owns the shares or assets. ETFs have grown in popularity with investors because they are cost-effective and offer exposure to thousands of diversified assets, such as a group of defence stocks, or the ASX200 index, or a variety of bonds. Globally, ETFs have had a banner year with more than $1 trillion invested into the sector, which is now worth an estimated $14 trillion. Vynokur and his family arrived in Australia from Ukraine more than three decades ago, at the time when ETFs launched. He was a teenager, and his family came with just a few hundred dollars in their pockets. Vynokur became a lawyer, then moved into venture capital, before co-founding Betashares with David Nathanson, also a former lawyer and investment banker, who had worked at Goldman Sachs and Macquarie. We’re definitely, very cautiously, studying opportunities outside of Australia. As with any start-up, Vynokur and Nathanson put in enormous hours to build the company to where it is today, as Australia’s second-largest ETF provider behind market leader Vanguard. Both are now multi-millionaires, though there has been a physical cost, says 46-year-old Vynokur: “I didn’t have any grey hair 14 years ago.” The pay-off for both as come in the past few years. In 2021, private equity group TA Associates became Betashares’ majority shareholder, with at least 53.5 per cent ownership. In the middle of this year, Singapore’s Temasek, one of the world’s largest sovereign wealth funds, bought a minority stake. Temasek paid $300 million for that shareholding, the size of which was undisclosed. The deal ascribed a multi-billion-dollar valuation to Betashares. It was Temasek’s first investment in a financial services business in Australia. In a global portfolio valued at $S389 billion ($459 billion), Temasek has just over half invested in private assets. “They have invested with the objective of maybe having more ownership,” says Vynokur. “We’re building this business for the long term, and they are genuinely interested in long-term value creation. We’ve never been about building something up quickly and flogging it. It doesn’t mean I’m opposed to being listed one day, but we’re definitely not in a hurry to go down that path.” The proceeds are expected to help fund Betashares’ growth into new products. In the past year, the company launched retail investment platform Betashares Direct and bought a superannuation business from Bendigo and Adelaide Bank. Vynokur also believes that Betashares has more room to expand its main ETF business. “According to the ASX data, there are 8 million Australians who invest outside their superannuation,” he says. “Also, if you think about younger Australians, who are locked out of the property ownership game, you know being smart with money outside of property is absolutely crucial. We have a real role to play in that.” There is also the opportunity for Betashares to expand its ETF business into Asia but, as for a priority, Vynokur won’t nominate a country. “We’re definitely, very cautiously, studying opportunities outside of Australia ... and that’s going to form part of our longer-term growth.” The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion. Sign up to get it every weekday morning .
As Elon Musk takes charge of the newly formed Department of Government Efficiency (DOGE), created to advise the White House on optimizing federal spending, the F-35 stealth jet program has become a key target of his criticism. Over the weekend, the Tesla CEO and a surrogate for Donald Trump criticized the fighter jet program on his social media platform, X, calling it outdated and inefficient compared to unmanned aerial vehicles (UAVs). "Meanwhile, some idiots are still building manned fighter jets like the F-35," Musk posted, alongside a video showcasing synchronized Chinese drones in action. Meanwhile, some idiots are still building manned fighter jets like the F-35 🗑️ 🫠 pic.twitter.com/4JX27qcxz1 Musk's critique aligns with his and DOGE co-leader Vivek Ramaswamy 's push for sweeping federal spending reforms. Their ambitious goal of cutting at least $2 trillion from the federal budget has put the Pentagon under particular scrutiny. The F-35 Lightning II Joint Strike Fighter, developed by Lockheed Martin, is the Department of Defense's most expensive and ambitious weapons program. While hailed as critical to U.S. national security, the program has faced relentless criticism for soaring costs and delays. The U.S. Government Accountability Office estimates the program's lifetime cost at over $2 trillion, making it the costliest military project in history. On Monday, Musk doubled down on his criticism, arguing that the jet's design was fundamentally flawed from the outset due to an attempt to meet too many conflicting requirements. "The F-35 design was broken at the requirements level because it was required to be too many things to too many people. This made it an expensive & complex jack of all trades, master of none. Success was never in the set of possible outcomes," Musk said. "Manned fighter jets are outdated in the age of drones and only put pilots' lives at risk," he said, garnering support from Trump ally Matt Gaetz , who wrote: "The F-35 is a failed platform. It's time to shift entirely to drones." UAVs have played a crucial role in modern conflicts, particularly in Ukraine, where drones have been instrumental in countering Russian forces. Musk, a longtime advocate for replacing traditional fighter jets with drones, argues that UAVs—whether remotely piloted or autonomous—offer greater precision and eliminate the risks faced by human pilots. He has often pointed to the role. Despite Musk's assertions, the F-35 program has its defenders. Proponents highlight the jet's performance in real-world combat, citing its use by Israel's F-35I Adir variant to strike Iranian military installations and neutralize advanced Russian-made air defenses. Supporters also note that China, a country Musk has praised for its drone capabilities, has spent years attempting to replicate the F-35's cutting-edge technology. A spokesperson for the Pentagon's F-35 joint program office defended the aircraft's value. "We have combat-capable aircraft in operation today, and they perform exceptionally well against the threats for which they were designed. Pilots continually emphasize that this is the fighter they want to take to war if called upon," the Pentagon said. Lockheed Martin echoed these sentiments, calling the F-35 "the most advanced, survivable, and connected fighter aircraft in the world" and a cornerstone of joint all-domain operations. Still, the program's flaws are well-documented. A recently declassified Pentagon report revealed ongoing issues with the F-35's reliability, maintainability, and availability. Lockheed Martin responded by emphasizing that the aircraft "consistently meets or exceeds the reliability performance requirements we are contracted to deliver." Aviation enthusiasts weighed in on Musk's remarks, with some defending the symbolic and morale-boosting role of manned fighter jets. "No kid dreams of piloting a drone," one user commented, "but plenty dream of flying a fighter jet with an American flag on its tail."
Amber ale is Bridget Grocke's secret to still loving life at 110
Is this the time Nebraska gets past Wisconsin? The teams have played three straight one-score games, each won by the Badgers. Which Husker senior, playing their final game inside Memorial Stadium, goes out with a bang? Amie Just, columnist: Ty Robinson. Luke Mullin, reporter: Robinson spends the whole game in the Wisconsin backfield, finishing with two sacks and even more quarterback pressures. Nate Head, editor: Let's say Isaac Gifford, the Lincoln native, comes down with his first interception of the season. Who leads the way in Nebraska's ever-changing running back rotation this week? Just: Emmett Johnson. Mullin: It's another week of Johnson leading the way, though Dante Dowdell takes over inside the red zone. People are also reading... Recap: Here's how Joey Graziadei will win 'Dancing with the Stars' At the courthouse, Nov. 16, 2024 Zitel bound over to district court in death of child Kidnapping in Nebraska prompted police chase that ended with 3 dead on I-29 in Missouri Beatrice native's latest film gets special engagement in hometown BPS mini-marts offer help They fell in love with Beatrice. So they opened a store in downtown. Chamberlain among seven inducted into Nebraska Baseball HOF Inmate cited for damaging video system Beatrice High School first-quarter honor roll Just Askin': Dana Holgorsen noncommittal on future, ranking a big week for Nebraska Athletics Micheal J's to reopen Former Daily Sun publisher Thomas dies Historical society appoints board members, elects officers At the courthouse, Nov. 9, 2024 Head: Johnson has had two games with at least 10 carries this season. He gets his third Saturday. Close finishes have followed Nebraska lately. At what point in the game will the final result be known? Just: The final buzzer. Mullin: It'll be a one-score game to the end, but a stop from the Nebraska defense with two minutes left seals the win. Head: Late. Wisconsin scores a go-ahead touchdown with four minutes left in the game, and Nebraska's ensuing drive ends in a turnover. Call your shot- which young Husker does Dana Holgorsen plug and play into the offense? Just: Keelan Smith. Mullin: Freshman wide receiver Quinn Clark gets his shot and records a catch too. Head: Clark seems like the obvious choice so I'll mix it up: Carter Nelson. Dante Dowdell rushing yards — 46.5 yards Just: Under. Mullin: Under. Head: Under. Dylan Raiola passing TDs — 1.5 Just: Under. Mullin: Over. Head: Under. Jahmal Banks receiving yards — 32.5 Just: Under. Mullin: Over. Head: Over. Tawee Walker rushing yards — 72.5 Just: Over. Mullin: Over. Head: Over. Braedyn Locke passing yards — 187.5 Just: Under. Mullin: Under. Head: Under. Get local news delivered to your inbox!
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