Rita Ora joins forces with string of A-listers to celebrate Universal Declaration of Human Rights[Source: File Photo - Fiji Police Force/Facebook] Police have launched an investigation into a brawl that erupted outside a popular nightclub in Suva. The incident, captured on video, has gone viral on social media, drawing widespread attention and concern. Assistant Commissioner of Police Operations Livai Driu confirms that the Central Division police team is actively pursuing the case and rounding up those involved. He further states that police officers provided assistance to those injured and ensured that they were transported to the hospital for medical care. The Police is expected to question the staffs who were on duty last night from the nightclubs along that road.Advanced Micro Devices, Inc. ( NASDAQ:AMD – Get Free Report )’s share price dropped 0.3% during mid-day trading on Thursday . The company traded as low as $125.34 and last traded at $125.92. Approximately 8,566,136 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 53,415,371 shares. The stock had previously closed at $126.29. Analysts Set New Price Targets A number of equities analysts recently weighed in on the stock. Piper Sandler reaffirmed an “overweight” rating and set a $180.00 price objective (down previously from $200.00) on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. Citigroup lowered their price target on Advanced Micro Devices from $210.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Morgan Stanley cut their price objective on Advanced Micro Devices from $169.00 to $158.00 and set an “equal weight” rating on the stock in a report on Friday, December 20th. Mizuho lowered their target price on Advanced Micro Devices from $185.00 to $180.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Finally, Bank of America lowered shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and cut their price target for the stock from $180.00 to $155.00 in a research note on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $191.96. Read Our Latest Stock Analysis on AMD Advanced Micro Devices Price Performance Advanced Micro Devices ( NASDAQ:AMD – Get Free Report ) last announced its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.92. The company had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.71 billion. Advanced Micro Devices had a return on equity of 6.62% and a net margin of 7.52%. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.53 EPS. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current year. Insider Buying and Selling at Advanced Micro Devices In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 40,540 shares of the business’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the sale, the executive vice president now directly owns 293,347 shares in the company, valued at approximately $41,558,469.49. The trade was a 12.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Also, CEO Lisa T. Su sold 76,496 shares of the firm’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the completion of the transaction, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. This represents a 2.10 % decrease in their position. The disclosure for this sale can be found here . Over the last quarter, insiders sold 197,036 shares of company stock valued at $28,165,821. 0.73% of the stock is owned by company insiders. Institutional Investors Weigh In On Advanced Micro Devices A number of large investors have recently added to or reduced their stakes in the business. Creative Capital Management Investments LLC grew its position in shares of Advanced Micro Devices by 124.6% in the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 86 shares during the last quarter. ZRC Wealth Management LLC lifted its stake in Advanced Micro Devices by 90.4% in the 3rd quarter. ZRC Wealth Management LLC now owns 158 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 75 shares in the last quarter. Fairway Wealth LLC acquired a new stake in Advanced Micro Devices during the 2nd quarter valued at $27,000. Abich Financial Wealth Management LLC increased its position in Advanced Micro Devices by 101.8% during the second quarter. Abich Financial Wealth Management LLC now owns 220 shares of the semiconductor manufacturer’s stock worth $36,000 after buying an additional 111 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new position in shares of Advanced Micro Devices in the third quarter worth $41,000. 71.34% of the stock is owned by institutional investors and hedge funds. Advanced Micro Devices Company Profile ( Get Free Report ) Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products. Further Reading Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter .
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Americans made $3.6 billion in charitable donations this week — a double-digit increase of 16% from Giving Tuesday 2023’s total of $3.1 billion, according to The GivingTuesday Data Commons , the group that tracks the data. And more people than ever — 36.1 million — donated to a charity that day, up 7% from last year. Add this to the mix: Giving by individuals is predicted to increase by 2.6% in 2024 and by 3.4% in 2025, surpassing previous annual average giving bumps, according to research from the Indiana University Lilly Family School of Philanthropy. That feels good. As we slide into December, many of us who bypassed the much-hyped Giving Tuesday, me included, are focusing on making charitable contributions by year-end to reduce taxes or simply revel in that holiday spirit of giving. For me, and I suspect lots of you, giving is really more about your heart than a tax strategy. People have similar motivations for giving, according to Fidelity Charitable’s research : making a difference, giving back to their community, and faith are aspects of financial giving donors find most rewarding. For Shannon Bonney, 26, that’s the case. Last year, she became a member of Many Hands , a nonprofit philanthropic “giving circle” with a membership of around 275 women. The collective giving organization supports nonprofits in the Washington, D.C., area focused on women, children, and families in socioeconomic need. Members under 35 make an annual gift of $300. Older donors contribute a minimum annual gift of $1,000. Donating through a giving circle , where individuals, often women, pool their funds and their decision-making to make grants, is the hottest trend in philanthropy. Per a report from Philanthropy Together, the number of giving circles and the number of people who are part of one tripled between 2007 and 2016 — and then tripled again between 2016 and 2023. There are now more than 4,000 giving circles across the country with 370,000 members. Among them, they gave away more than $3 billion over a five-year period ending in 2023. “I chose a giving circle because it’s the most effective way to pool money with people and then get that in a lump sum to the organization,” Bonney said. “It’s a lot more impactful to have your money be part of tens of thousands of dollars that are going to that group.” The amount of giving per member varies by giving circle. Some circles set a lower giving level that can range from $200 to $500 annually. Others opt to set it higher, say, $5,000 to $25,000 a year. (The Giving Compass site has a Giving Circle search tool to find ones near you focused on missions of interest). Read more: Wondering what to do with your tax refund? 5 ways to spend it wisely Most of us don’t know much about nitty-gritty tax strategies that could make our donations more financially impactful. To write off donations, your total tax deductions need to exceed the standard deduction to be worthwhile. For 2024, the standard deduction is $14,600 for single filers and $29,200 for married couples filing jointly. The tax deduction is a lure for most Americans, with retirees marginally less likely than others to say it’s important to their giving decision. One way to exceed that standard deduction threshold is to bunch together your contributions and give two years' worth of deductions in one year, so your total giving will be high enough to allow you to itemize. “This can be extremely effective for gifting in years of higher-than-normal income — for example, if you sold a business or real estate, received a large bonus payout, exercised stock options, or sold and diversified a concentrated low-basis stock position,” Brandon O’Neill, a certified financial planner and charitable planning consultant at Fidelity Charitable, told Yahoo Finance. Another tax-saving strategy is making a charitable donation of stocks, ETFs, or mutual funds you've held for more than a year. This is a way to avoid owing capital gains taxes on their profits. You might also consider a donor-advised fund (DAF), which is available from financial services firms like Fidelity, Schwab, and Vanguard. There could be minimum amounts to open an account and to give to an individual charity along with annual administrative fees. When you make a contribution of cash, stocks, mutual funds, or ETFs to a DAF, you immediately receive a tax deduction, provided you itemize. You can then invest the money for growth that is tax-free until you choose which charities you want to donate to. These funds are going mainstream but are still under-the-radar for many Americans. “A DAF is a simple, tax-effective way to dedicate money to charitable giving,” O’Neill said. “You can think about DAFs almost like a 529 or IRA for charitable giving because they allow you to strategize your giving.” Read more: Is GoFundMe tax deductible? What donors and beneficiaries should know. If you’re aged 701⁄2 or older, a qualified charitable distribution from an Individual Retirement Account (IRA) is another consideration. You make this distribution directly to a charity, reducing the amount of your taxable IRA that is subject to Required Minimum Distributions starting at age 73. You can't deduct the qualified charitable distribution, but the money won't be considered taxable income to you. Have a question about retirement? Personal finances? Anything career-related? Click here to drop Kerry Hannon a note. “The year-end retirement account balance is key to retirees because their required minimum distribution is based on that balance,” Ed Slott, a certified public accountant in New York and an expert on IRAs, previously told Yahoo Finance. “Your RMD is your best asset to give to charity.” This year you can donate up to $105,000 total to one or more charities directly from a taxable IRA. “You are getting it out at zero tax and giving it to a charity, something you would've done anyway,” Slott said. “Plus, if you do it correctly, with the timing of it, it can offset your RMD.” Kerry Hannon is a Senior Columnist at Yahoo Finance. She is a career and retirement strategist, and the author of 14 books, including " In Control at 50+: How to Succeed in The New World of Work" and "Never Too Old To Get Rich." Follow her on Bluesky: Click here for the latest personal finance news to help you with investing, paying off debt, buying a home, retirement, and more Read the latest financial and business news from Yahoo Finance
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