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Barclays PLC boosted its holdings in Universal Insurance Holdings, Inc. ( NYSE:UVE – Free Report ) by 69.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,969 shares of the insurance provider’s stock after buying an additional 28,278 shares during the quarter. Barclays PLC owned approximately 0.24% of Universal Insurance worth $1,528,000 at the end of the most recent quarter. Other hedge funds and other institutional investors also recently bought and sold shares of the company. CWA Asset Management Group LLC purchased a new position in shares of Universal Insurance in the 3rd quarter valued at about $6,322,000. Bank of Montreal Can boosted its holdings in Universal Insurance by 283.0% in the second quarter. Bank of Montreal Can now owns 374,487 shares of the insurance provider’s stock valued at $7,040,000 after purchasing an additional 276,700 shares in the last quarter. American Century Companies Inc. increased its stake in Universal Insurance by 44.5% in the second quarter. American Century Companies Inc. now owns 469,803 shares of the insurance provider’s stock valued at $8,814,000 after purchasing an additional 144,647 shares during the last quarter. Essex Investment Management Co. LLC raised its holdings in Universal Insurance by 64.6% during the third quarter. Essex Investment Management Co. LLC now owns 201,639 shares of the insurance provider’s stock worth $4,468,000 after purchasing an additional 79,138 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Universal Insurance by 22.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 347,395 shares of the insurance provider’s stock worth $7,698,000 after buying an additional 63,582 shares during the last quarter. 66.61% of the stock is currently owned by institutional investors and hedge funds. Analysts Set New Price Targets Separately, StockNews.com raised shares of Universal Insurance from a “hold” rating to a “buy” rating in a research report on Sunday, November 10th. Universal Insurance Trading Down 1.9 % NYSE:UVE opened at $20.62 on Friday. The company has a market capitalization of $583.26 million, a PE ratio of 8.38 and a beta of 0.92. Universal Insurance Holdings, Inc. has a 52-week low of $15.78 and a 52-week high of $23.39. The stock’s 50 day moving average price is $21.36 and its 200 day moving average price is $20.37. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.25. Universal Insurance ( NYSE:UVE – Get Free Report ) last announced its earnings results on Thursday, October 24th. The insurance provider reported ($0.73) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.03) by $0.30. The business had revenue of $387.55 million for the quarter, compared to analyst estimates of $341.98 million. Universal Insurance had a net margin of 4.82% and a return on equity of 15.43%. During the same period last year, the firm posted ($0.16) earnings per share. On average, research analysts anticipate that Universal Insurance Holdings, Inc. will post 1.66 EPS for the current year. Universal Insurance Cuts Dividend The business also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, December 6th were paid a $0.13 dividend. The ex-dividend date was Friday, December 6th. This represents a $0.52 annualized dividend and a dividend yield of 2.52%. Universal Insurance’s dividend payout ratio (DPR) is currently 26.02%. Insider Activity In related news, Chairman Sean P. Downes sold 15,064 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $22.46, for a total value of $338,337.44. Following the completion of the sale, the chairman now owns 1,047,198 shares in the company, valued at $23,520,067.08. This trade represents a 1.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, Director Jon Springer sold 25,000 shares of the company’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $20.63, for a total value of $515,750.00. Following the transaction, the director now directly owns 383,228 shares in the company, valued at $7,905,993.64. This represents a 6.12 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 60,064 shares of company stock valued at $1,258,287. Company insiders own 17.50% of the company’s stock. Universal Insurance Profile ( Free Report ) Universal Insurance Holdings, Inc, together with its subsidiaries, operates as an integrated insurance holding company in the United States. It develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. Featured Stories Five stocks we like better than Universal Insurance 5 Top Rated Dividend Stocks to Consider Buffett Takes the Bait; Berkshire Buys More Oxy in December How to Calculate Inflation Rate Top 3 ETFs to Hedge Against Inflation in 2025 The 3 Best Blue-Chip Stocks to Buy Now These 3 Chip Stock Kings Are Still Buys for 2025 Want to see what other hedge funds are holding UVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Insurance Holdings, Inc. ( NYSE:UVE – Free Report ). Receive News & Ratings for Universal Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Insurance and related companies with MarketBeat.com's FREE daily email newsletter .New 2025 laws hit hot topics from AI in movies to rapid-fire gunsHALIFAX — The Transportation Safety Board of Canada is investigating an incident involving a plane at the Halifax Stanfield International Airport, which one passenger described as a rough landing that sparked flames. Nikki Valentine, a Halifax woman who was on the PAL Airlines flight, said passengers felt a “massive rumble” upon landing Saturday night. “The cabin tilted, we saw sparks and then flames and then smoke started getting sucked into the cabin,” she told The Canadian Press in a direct message over social media. Airport spokesperson Tiffany Chase said Saturday an Air Canada Express flight operated by PAL Airlines, arriving from St. John’s, N.L., experienced an incident upon landing at approximately 9:30 p.m. Air Canada spokesperson Peter Fitzpatrick said late Saturday that the plane experienced a “suspected landing gear issue” after arrival and was unable to reach the terminal. Fitzpatrick said the crew and 73 passengers were off-loaded by bus and nobody on board was injured. A Nova Scotia RCMP spokesperson said on Saturday that some minor injuries were reported, but clarified Sunday that in fact no one was injured. Valentine said she is “especially thankful the pilot was able to get ahold of the situation very fast.” The incident temporarily halted flight activity at the airport. As of Sunday afternoon, Valentine and other passengers were still without the bags they were instructed to leave on the plane. Valentine said she contacted Air Canada, who told her that it could be up to three more days before their bags are returned as the investigation into the incident continues. “A lot of people have things like house keys or wallets they needed and couldn’t get,” she said. “It’s all proper procedure, and I’d rather the inconvenience (of missing bags) than if anything bad had happened, of course, but it’s still tough.” This report by The Canadian Press was first published Dec. 29, 2024. Lyndsay Armstrong, The Canadian Press
GSA Capital Partners LLP reduced its stake in Exelixis, Inc. ( NASDAQ:EXEL – Free Report ) by 81.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,708 shares of the biotechnology company’s stock after selling 52,983 shares during the quarter. GSA Capital Partners LLP’s holdings in Exelixis were worth $304,000 at the end of the most recent reporting period. Other institutional investors have also recently added to or reduced their stakes in the company. Farallon Capital Management LLC grew its holdings in Exelixis by 1.6% during the second quarter. Farallon Capital Management LLC now owns 27,102,500 shares of the biotechnology company’s stock worth $608,993,000 after buying an additional 424,000 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Exelixis by 0.4% during the second quarter. Renaissance Technologies LLC now owns 15,163,066 shares of the biotechnology company’s stock valued at $340,714,000 after purchasing an additional 61,350 shares during the period. LSV Asset Management grew its holdings in Exelixis by 107.7% during the second quarter. LSV Asset Management now owns 5,763,728 shares of the biotechnology company’s stock valued at $129,511,000 after purchasing an additional 2,989,021 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Exelixis by 7.3% in the second quarter. Dimensional Fund Advisors LP now owns 5,137,201 shares of the biotechnology company’s stock valued at $115,434,000 after purchasing an additional 349,837 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in shares of Exelixis by 12.7% in the second quarter. AQR Capital Management LLC now owns 3,281,578 shares of the biotechnology company’s stock valued at $73,425,000 after purchasing an additional 370,199 shares in the last quarter. 85.27% of the stock is owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades EXEL has been the subject of several recent research reports. Wells Fargo & Company lifted their price target on Exelixis from $32.00 to $36.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Truist Financial lifted their price objective on Exelixis from $33.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. UBS Group initiated coverage on Exelixis in a research note on Thursday, September 19th. They set a “neutral” rating and a $30.00 price target for the company. HC Wainwright reiterated a “buy” rating and set a $29.00 target price on shares of Exelixis in a report on Wednesday, September 18th. Finally, Piper Sandler upped their target price on Exelixis from $33.00 to $36.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Exelixis has an average rating of “Moderate Buy” and a consensus target price of $31.44. Insider Buying and Selling at Exelixis In other Exelixis news, EVP Jeffrey Hessekiel sold 20,000 shares of Exelixis stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $25.79, for a total value of $515,800.00. Following the transaction, the executive vice president now owns 630,325 shares in the company, valued at $16,256,081.75. The trade was a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . Also, EVP Dana Aftab sold 1,162 shares of the business’s stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $31.40, for a total value of $36,486.80. Following the sale, the executive vice president now owns 498,945 shares in the company, valued at $15,666,873. The trade was a 0.23 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 289,736 shares of company stock valued at $9,471,510 in the last ninety days. Corporate insiders own 2.85% of the company’s stock. Exelixis Stock Performance Shares of Exelixis stock opened at $35.61 on Friday. Exelixis, Inc. has a one year low of $19.20 and a one year high of $36.60. The stock has a market cap of $10.17 billion, a price-to-earnings ratio of 22.83, a price-to-earnings-growth ratio of 0.87 and a beta of 0.51. The stock has a 50 day moving average price of $29.90 and a 200-day moving average price of $25.57. Exelixis ( NASDAQ:EXEL – Get Free Report ) last posted its quarterly earnings data on Tuesday, October 29th. The biotechnology company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.04. The company had revenue of $539.50 million during the quarter, compared to analysts’ expectations of $490.31 million. Exelixis had a return on equity of 20.99% and a net margin of 22.43%. Exelixis’s revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.10 EPS. Sell-side analysts predict that Exelixis, Inc. will post 1.68 earnings per share for the current fiscal year. Exelixis Profile ( Free Report ) Exelixis, Inc, an oncology company, focuses on the discovery, development, and commercialization of new medicines for difficult-to-treat cancers in the United States. The company offers CABOMETYX tablets for the treatment of patients with advanced renal cell carcinoma who received prior anti-angiogenic therapy; and COMETRIQ capsules for the treatment of progressive and metastatic medullary thyroid cancer. Featured Stories Five stocks we like better than Exelixis 5 discounted opportunities for dividend growth investors Tesla Investors Continue to Profit From the Trump Trade NYSE Stocks Give Investors a Variety of Quality Options MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally What is the Hang Seng index? Netflix Ventures Into Live Sports, Driving Stock Momentum Want to see what other hedge funds are holding EXEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelixis, Inc. ( NASDAQ:EXEL – Free Report ). Receive News & Ratings for Exelixis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exelixis and related companies with MarketBeat.com's FREE daily email newsletter .Samantha Ruth Prabhu's marriage to Naga Chaitanya was nothing short of a fairy-tale. But the fairy tale ended, and ended suddenly in 2021 October, few days before their wedding anniversary. Naga Chaitanya found comfort in Sobhita Dhulipala after his divorce and recently got married. Amid this, Chay's photos with Samantha from their marriage has gone viral on social media Samantha Ruth Prabhu and Naga Chaitanya's love story was nothing short of a fairytale. From their dreamy engagement to the emotional wedding, their journey as a couple set major relationship goals. Their wedding was a serene affair in Goa, where Samantha wore a saree belonging to Naga Chaitanya’s grandmother, Dr. Rajeshwari, paired with a blouse by Sabyasachi Mukherjee. Their candid moments, full of love and laughter, reflected the deep bond they once shared As Samantha was born a Christian, they got married following Christian rituals too along with Telugu ceremony Samantha's love for Naga Chaitanya was so profound that she immortalized it with three tattoos. She inked "YMC" on her back as a tribute to their first movie, Ye Maaya Chesave, where their love story began. Another tattoo on her ribs featured "Chay" in cursive, a loving nickname for Naga. The couple even had matching tattoos of two upward arrows on their wrists, symbolizing their unity Samantha and Naga Chaitanya’s wedding was celebrated over two days with both Hindu and Christian rituals. Samantha adorned herself with traditional temple jewelry and carried an air of elegance in her ancestral saree. Naga Chaitanya looked dashing in his white traditional attire. The couple’s wedding photos captured their playful moments during rituals, encapsulating their joy before unforeseen challenges Despite the grandeur of their wedding and the love they displayed, Samantha and Naga Chaitanya announced their separation in October 2021, just days before their fourth anniversary. In a joint statement, they expressed gratitude for their decade-long friendship and mutual respect, emphasizing their decision to part ways was made with careful thought and deliberation Akhil Akkineni, Chay's brother too hasn't removed photos of his former sister-in-law from his Instagram ID. The photos are appearing on people's feeds as reported by a section of the users. This photo is of the whole family wishing everyone 'Happy Diwali' Here, Akhil wished his 'favourite couple' happiness which lasts forever. However, the forever did not happen for Chay and Samantha
Troy scores 21 points in less than 2 minutes in the fourth quarter to beat Southern Miss 52-20Top 10 Best Indian Handicraft Brands in India 2025: Celebrating Timeless ArtistryIdaho teen is arrested in connection with a dead infant found in a baby box at a hospital
Oppenheimer & Co. Inc. Has $284,000 Stock Position in VanEck BDC Income ETF (NYSEARCA:BIZD)
Lawmakers are concerned about background checks of Trump's Cabinet picks as red flags surface (copy)Northeast ignored for years, our government reversed trend: PM ModiTikTok edged closer to being banned in the United States after it lost an appeal on Friday against a law requiring the video-sharing app to divest from its Chinese parent company by January 19. The potential ban could strain US-China relations just as president-elect Donald Trump prepares to take office on January 20. TikTok said it would now appeal to the Supreme Court, which could choose to take up the case or let the circuit court's decision stand. "The Supreme Court has an established historical record of protecting Americans' right to free speech, and we expect they will do just that on this important constitutional issue," the company said. TikTok will also be looking to Trump, who has emerged as an unlikely ally, arguing that a ban would mainly benefit Facebook parent company Meta's platforms, owned by Mark Zuckerberg. Trump's stance reflects broader conservative criticism of Meta for allegedly suppressing right-wing content, including the former president himself being banned from Facebook after the January 6, 2021, Capitol riot by his supporters. The US government alleges TikTok allows Beijing to collect data and spy on users. It also says TikTok is a conduit to spread propaganda, though China and app owner ByteDance strongly deny these claims. The law, signed by President Joe Biden in April, would block TikTok from US app stores and web hosting services unless ByteDance sells the platform by January 19. While recognizing that "170 million Americans use TikTok to create and view all sorts of free expression," the three-judge panel unanimously upheld the law's premise that divesting it from China's control "is essential to protect our national security." They found that the law did not hinder free speech as it was "devoid of an institutional aim to suppress particular messages or ideas." The judges also disagreed with the idea that less drastic alternatives than a sale by ByteDance would solve the security issues. US Attorney General Merrick Garland welcomed the decision saying "the Justice Department is committed to defending Americans' sensitive data from authoritarian regimes that seek to exploit companies under their control." Trump's support for TikTok marks a reversal from his first term, when the Republican leader tried to ban the app over similar security concerns. That effort got bogged down in the courts when a federal judge questioned how the move would affect free speech and blocked the initiative. Among those who helped Trump to the White House in this year's election was Jeff Yass, a major Republican donor with ByteDance investments. "Donald Trump could be a lifeline for TikTok once he takes office, but halting the enforcement of the ban is easier said than done," said Emarketer lead Analyst Jasmine Enberg. "And even if he does manage to save TikTok, he's already flip-flopped on his stance toward the app and there's no guarantee he won't go after it later." The president-elect launched his own TikTok account in June, gaining 14.6 million followers, but has not posted since Election Day. Despite the uncertainty, TikTok's presence in the United States continues growing. The platform reported $100 million in Black Friday sales for its new shopping venture, and Emarketer projects US ad revenue will reach $15.5 billion next year, accounting for 4.5 percent of total digital ad spending in the country. But Enberg warned a ban would significantly disrupt the social media landscape, benefiting Meta, YouTube, and Snap while harming content creators and small businesses dependent on TikTok. Gautam Hans, professor at Cornell Law School, said the judges treated the government's national security argument "with great deference... while undervaluing the radical effects this unfortunate decision will have for individual speakers and First Amendment doctrine." But given the unanimous ruling and the short timeline before the law's date of taking effect, it was "unlikely that the Supreme Court will take the case, which will almost certainly lead to TikTok's demise in just a handful of weeks," he added. In contrast, Carl Tobias, of the University of Richmond, said that given the "critical implications" of the issues in question -- national security and free speech -- the apex court would likely take the case. arp/ahaFLY WITH CONFIDENCE
, the proud sponsor of the , set the stage ablaze with a stunning display of its cutting-edge agricultural innovations at the IARI Grounds, New Delhi. As a leader in agricultural empowerment, Mahindra Tractors is at the forefront of transforming the farming landscape, bringing groundbreaking solutions to India’s agricultural community. Organized by Krishi Jagran and co-organized by ICAR, this prestigious event celebrates the exceptional achievements of India’s top farmers while highlighting Mahindra’s commitment to driving progress in agriculture. Addressing the gathering, , highlighted Mahindra's six-decade journey of empowering farmers with over 350 tractor variants tailored to diverse soil conditions, supporting over 40 lakh farmers across India. He emphasized the importance of the MFOI Awards, calling the three-day event a platform to connect with farmers, share knowledge, and celebrate agricultural innovation and collaboration. As farmers and visitors arrived at the MFOI Awards 2024, they were welcomed by a striking display of Mahindra Tractors’ advanced models, proudly presented as the event's sponsor. Featuring a diverse range of state-of-the-art tractors, Mahindra emphasized its ongoing legacy of innovation and its pivotal role in supporting the farming community across the country. The Mahindra OJA 2130 Tractor stands out for its high-end specifications and modern design, tailored to enhance productivity while maintaining efficiency. Powered by a 22.4 kW (30 HP) engine, it offers a remarkable power-to-weight ratio, making it ideal for farmers looking for a reliable and economical machine. This tractor excels in vineyard and orchard farming, intercultural operations, and puddling tasks, making it a versatile choice for specialized farming activities. Its compact build allows for precision in narrow spaces. The economical mileage ensures reduced operational costs, making it an and cost-effective option for farmers. Designed for a comfortable driving experience, it minimizes operator fatigue, even during long hours in the field. The Mahindra OJA 3136 Tractor offers robust performance with a 26.8 kW (36 HP) engine, designed for optimal fuel efficiency and adaptability across different terrains. The fuel-efficient engine ensures high performance without compromising on cost-effectiveness. It supports a variety of tasks, from orchard farming to puddling operations. This tractor’s sturdy design and all-round capabilities make it a reliable partner for diverse farming applications. It seamlessly handles challenging terrains while maintaining stability and efficiency. The OJA 3136 is an all-weather companion that ensures superior productivity for small and medium-scale farming needs. The Mahindra 275 DI TU PP Tractor is celebrated for its reliability and rugged construction, which ensures longevity and consistent performance. Equipped with a powerful 39 HP engine, it has become a go-to choice for farmers seeking durable and efficient agricultural machinery. Its advanced transmission system provides smooth gear shifts and optimal torque, ensuring a seamless driving experience. The spacious cabin, ergonomic controls, and intuitive features like 180 Nm PTO power enhance operator comfort and ease of use during extended working hours. Its adaptability to various farming tasks, combined with superior mileage, positions the 275 DI TU PP as a valuable asset for This tractor is perfect for those looking for a balance of power, efficiency, and adaptability. The Mahindra 585 YUVO TECH+ Tractor is equipped with cutting-edge technology, making it a trailblazer in productivity and operational efficiency. With a powerful 36.75 kW (49.3 HP) engine and advanced hydraulics, it is a standout performer in the agricultural sector. Its four-cylinder ELS engine offers high max torque and best-in-class mileage. The hydraulic lifting capacity of 1700 kg ensures seamless performance across various applications. Parallel cooling, smooth constant mesh transmission, and high precision hydraulics reflect its technological edge. Backed by a six-year warranty, it guarantees long-term reliability, providing farmers with peace of mind and exceptional value. The 585 YUVO TECH+ is ideal for farmers who aim to increase productivity and profitability with advanced technology. The Mahindra NOVO 605 DI PP V1 Tractor is a powerful machine designed for heavy-duty tasks and precision farming. Its robust 44.8 kW (60 HP) mBoost engine is complemented by advanced features to ensure top-notch performance. With a hydraulic lifting capacity of 2700 kg, it easily handles heavy implements, making it ideal for . Equipped with a dual dry type clutch, synchromesh transmission, and SLIPTO functionality, this tractor provides unmatched efficiency in agricultural operations. Features like heat-free seating, power steering, and a spacious cabin enhance operator comfort and safety during long hours of operation. Farmers looking for durability, precision, and efficiency will find the NOVO 605 DI PP V1 a worthwhile investment. The Mahindra ARJUN 605 DI MS Tractor is another advanced offering from Mahindra, designed to elevate productivity with its 36.3 kW (48.7 HP) engine and advanced features. The high max torque and torque backup make it suitable for a variety of tasks, including PTO-driven and non-agricultural applications. The MSPTO feature provides four different PTO speeds, ensuring compatibility with multiple implements for various operations. With power steering and an 1800 kg hydraulics lifting capacity, it offers both ease of use and robust performance. The ARJUN 605 DI MS Tractor is a dependable choice for farmers aiming to boost productivity and achieve better outcomes in their agricultural endeavors. The Mahindra NOVO 755 DI PP 4WD V1 Tractor is a powerhouse of innovation, combining strength, precision, and . With a 55.1 kW (73.8 HP) engine, it delivers exceptional performance for demanding agricultural tasks. The incorporation of Digisense technology allows farmers to connect to the tractor via smartphone, ensuring enhanced control and real-time monitoring. Features like rollover protection, four-way adjustable seating, and synchromesh gears prioritize both safety and operator comfort. The high hydraulic lifting capacity of 2900 kg, coupled with multiple speed options, makes it suitable for a variety of applications. This model is particularly suited for large-scale farming operations requiring unmatched power and technological sophistication. Mahindra tractors offer a blend of power, innovation, and reliability, catering to the diverse needs of modern farmers. From specialized models like the Mahindra OJA 2130 and 3136 for vineyard and orchard farming to robust machines like the NOVO 755 DI PP 4WD V1 for large-scale operations, Mahindra continues to redefine agricultural efficiency. These tractors are more than just machines; they are partners in progress, empowering farmers to achieve higher productivity and profitability The tractors on display attracted immense attention from farmers and industry professionals alike. Attendees praised Mahindra’s efforts in providing efficient and reliable farming solutions that address the challenges faced by Indian farmers. Mahindra Tractors' impressive showcase at the MFOI Awards 2024 set the stage for an exciting two-day experience, drawing attention to its groundbreaking agricultural innovations. With a diverse range of advanced models on display, Mahindra continues to lead the way in empowering farmers, offering cutting-edge solutions that promise to enhance productivity and efficiency. Visitors over the next two days can explore these state-of-the-art tractors and discover how Mahindra is shaping the future of Indian agriculture.TROY, Ala. (AP) — Damien Taylor rushed for 169 yards and three touchdowns, Matthew Caldwell threw for a touchdown and ran for another, and Troy scored 21 points in less than two minutes in the fourth quarter to beat Southern Miss 52-20 on Saturday. Taylor went straight up the middle from 56-yards out to give Troy a 24-8 lead midway through the third quarter. He added a 35-yard scoring run for a 38-20 lead with 5:50 left in the fourth. On the ensuing possession, Ian Conerly-Goodly intercepted a deflected pass and returned it 31 yards for a 25-point lead. Southern Miss quarterback Tate Rodemaker was intercepted again and LJ Green returned it 49 yards to the Golden Eagles' 16-yard line. Jordan Lovett capitalized on the short field by running it in from the 5. Taylor reached the 1,000-yard mark on the season for Troy (4-8, 3-5 Sun Belt Conference). Caldwell was 14 of 26 for 187 yards and he carried it seven times for 30 yards. Rodemaker threw for 234 yards with two touchdowns and two interceptions for Southern Miss (1-11, 0-8). 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
Retailers coax Black Friday shoppers into stores with big discounts and giveaways NEW YORK (AP) — Retailers in the U.S. have used giveaways and bigger-than expected discounts to reward shoppers who ventured out on Black Friday. The day after Thanksgiving still reigns for now as the unofficial kickoff of the holiday shopping season even if it’s lost some luster. Analysts reported seeing the biggest crowds at stores that offered real savings. They say many shoppers are being cautious with their discretionary spending despite the easing of inflation. Stores are even more under the gun to get shoppers in to buy early and in bulk since there are five fewer days between Thanksgiving and Christmas this year. Online sales figures from Thanksgiving Day gave retailers a reason to remain hopeful for a lucrative end to the year. The ruble's in a slump. For the Kremlin, that's a two-edged sword Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other. Over time a weaker ruble could mean higher prices for imports from China, Russia's main trade partner these days. President Vladimir Putin says things are under control. One wild card is sanctions against a key Russian bank that have disrupted foreign trade payments. If Russia finds a workaround for that, the ruble could regain some of its recent losses. Why your favorite catalogs are smaller this holiday season PORTLAND, Maine (AP) — While retailers hope to go big this holiday season, customers may notice that the catalogs arriving in their mailboxes are smaller. Many of the millions of catalogs getting sent to U.S. homes were scaled down to save on postage and paper. Some gift purveyors are sending out postcards. In a sign of the times, the American Catalog Mailers Association rebranded itself in May as the American Commerce Marketing Association. Despite no longer carrying an extended inventory of goods, industry experts say catalogs help retailers cut through the noise and still hold their own in value because of growing digital advertising costs. Massachusetts lawmakers push for an effort to ban all tobacco sales over time BOSTON (AP) — A handful of Massachusetts lawmakers are hoping to persuade their colleagues to support a proposal that would make the state the first to adopt a ban meant to eliminate the use of tobacco products over time. Other locations have weighed similar “generational tobacco bans.” The bans phase out the use of tobacco products based not just on a person's age but on birth year. Lawmakers plan to file the proposal next year. If approved, the bill would set a date and ban the sale of tobacco to anyone born after that date forever, eventually banning all sales. Vietnam approves $67 billion high-speed railway project between Hanoi and Ho Chi Minh city HANOI, Vietnam (AP) — Vietnam has approved the construction of a high-speed railway connecting the capital Hanoi in the north with the financial capital of Ho Chi Minh in the south. It is expected to cost $67 billion and will stretch 1,541 kilometers (957 miles). The new train is expected to travel at speeds of up to 350 kph (217 mph), reducing the journey from the current 30 hours to just five hours. The decision was taken by Vietnam’s National Assembly on Saturday. Construction is expected to begin in 2027 and Vietnam hopes that the first trains will start operating by 2035. But the country has been beleaguered by delays to its previous infrastructure projects. Inflation rose to 2.3% in Europe. That won't stop the central bank from cutting interest rates FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom over weak growth. The European Union’s harmonized index of consumer prices rose 2.3 percent, up from 2.0% in October, according to EU statistics agency Eurostat. However, worries about growth mean the Dec. 12 ECB meeting is not about whether to cut rates, but by how much. Market buzz says there could be a larger than usual half-point cut in the benchmark rate, currently 3.25%. Stock market today: S&P 500 and Dow post gains and close out best month of 2024 NEW YORK (AP) — Stocks closed with solid gains as Wall Street put the finishing touches on one of its best months of the year. The S&P 500 rose 0.6% while the Dow Jones Industrial Average gained 188 points, or 0.4%. The Nasdaq added 0.8%. Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour later. Investors were looking to see how much shoppers are willing to spend on gifts for the holidays. Black Friday unofficially kicked off the holiday shopping season, although retailers had been offering early deals for weeks. Macy’s and Best Buy each gained around 2%. From T-shirts to thongs, how indie film merchandise became a hot commodity LOS ANGELES (AP) — Merchandise is nothing new. But in recent years, movie-inspired streetwear has exploded in popularity among film buffs, thanks in part to viral marketing campaigns put on by independent film studios. Take the hourslong line for one-day-only “Anora” pop-up in Los Angeles, for instance. Clothes are promoted as trendy and in limited supply and are often made in collaboration with popular brands. The experience of watching movies has become a less collective one in recent years. For many fans, repping their favorite films in public is a way to combat that. Santa's annual train visit delivers hope and magic to one corner of coal country ON BOARD THE SANTA TRAIN (AP) — Since 1943, the people of Appalachian Kentucky, Virginia, and Tennessee have looked forward to Santa’s arrival. Not in a sleigh on their rooftops, but on a train. At each stop of the CSX Santa Train there are dozens to hundreds of people. Many crowd around the back, where Santa and his helpers toss stuffed animals. Meanwhile groups of volunteer “elves” fan out with gifts, making sure every child goes home with something. Many of the children who line the tracks on the Saturday before Thanksgiving, waiting for Santa, are the third, fourth or fifth generation to do so. Sandra Owens has been coming for 43 years and now brings her grandchildren. She says, “The faces of the kids, that’s what makes me happy. You can’t see anything better.” Donald Trump's call for 'energy dominance' is likely to run into real-world limits WASHINGTON (AP) — Donald Trump is creating a National Energy Council that he says will establish U.S. “energy dominance” around the world. It will be key in Trump’s pledge to sell more oil to allies and his intent to move away from President Joe Biden’s focus on climate change. But the president-elect’s energy wishes are likely to run into real-world limits. For one, U.S. oil production under Biden is already at record levels. And Trump’s bid to boost oil supplies and lower U.S. prices is complicated by his threat to impose 25% import tariffs on Canada and Mexico, two of the largest sources of U.S. oil imports.
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