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Caprock Group LLC grew its stake in shares of Genpact Limited ( NYSE:G – Free Report ) by 31.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,716 shares of the business services provider’s stock after buying an additional 2,310 shares during the quarter. Caprock Group LLC’s holdings in Genpact were worth $381,000 at the end of the most recent quarter. Other large investors have also recently modified their holdings of the company. CWM LLC increased its stake in shares of Genpact by 160.8% in the second quarter. CWM LLC now owns 952 shares of the business services provider’s stock worth $31,000 after buying an additional 587 shares during the period. Versant Capital Management Inc increased its position in shares of Genpact by 4,717.8% in the second quarter. Versant Capital Management Inc now owns 2,168 shares of the business services provider’s stock valued at $70,000 after acquiring an additional 2,123 shares during the period. Massmutual Trust Co. FSB ADV raised its stake in shares of Genpact by 54.3% during the second quarter. Massmutual Trust Co. FSB ADV now owns 2,797 shares of the business services provider’s stock valued at $90,000 after acquiring an additional 984 shares during the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of Genpact by 74.6% during the third quarter. Venturi Wealth Management LLC now owns 2,623 shares of the business services provider’s stock worth $103,000 after purchasing an additional 1,121 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of Genpact by 221.3% in the third quarter. GAMMA Investing LLC now owns 3,329 shares of the business services provider’s stock worth $131,000 after purchasing an additional 2,293 shares during the last quarter. Hedge funds and other institutional investors own 96.03% of the company’s stock. Wall Street Analyst Weigh In Several equities research analysts have weighed in on the company. BMO Capital Markets increased their price objective on Genpact from $38.00 to $42.00 and gave the stock a “market perform” rating in a report on Monday, August 12th. Robert W. Baird lifted their price target on shares of Genpact from $44.00 to $48.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Needham & Company LLC upped their price objective on shares of Genpact from $42.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, November 11th. JPMorgan Chase & Co. raised their target price on shares of Genpact from $35.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, September 6th. Finally, TD Cowen boosted their price target on shares of Genpact from $40.00 to $45.00 and gave the company a “hold” rating in a research report on Friday, November 8th. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $42.33. Genpact Stock Performance Shares of G opened at $46.19 on Friday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.50. The stock has a market cap of $8.15 billion, a P/E ratio of 12.69, a P/E/G ratio of 1.58 and a beta of 1.13. The business’s 50 day moving average price is $40.38 and its 200-day moving average price is $36.50. Genpact Limited has a 52 week low of $30.23 and a 52 week high of $47.98. Genpact Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be issued a $0.1525 dividend. This represents a $0.61 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Monday, December 9th. Genpact’s dividend payout ratio (DPR) is 16.76%. About Genpact ( Free Report ) Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims. Further Reading Want to see what other hedge funds are holding G? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Genpact Limited ( NYSE:G – Free Report ). 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Former A&M coach Jackie Sherrill is glad for the return of the Aggie-Longhorn rivalryNone
HASA ENERGY signs historic ESCO agreement with Oman’s Ministry of Housing and Urban PlanningXavier aims to rebound from a tough week and get one more critical tune-up for a rivalry matchup when it hosts Morgan State on Tuesday night in Cincinnati. The Musketeers (7-2) were ranked No. 22 in the AP poll two weeks ago but fell out after a 25-point loss to Michigan in the Fort Myers Tip-Off tournament final on Nov. 27. Xavier then barely escaped with a 71-68 home win over South Carolina State on Dec. 1 before losing 76-72 at TCU on Thursday. Dante Maddox Jr. came off the bench to score nine points in 20 minutes on three 3-pointers against the Horned Frogs. He also grabbed six rebounds before fouling out. The Musketeers have been waiting for the Toledo transfer to add a punch to an underwhelming bench cast that many thought would be a strength for Xavier coming into the season. "I really feel like you can almost be baited into a false sense of how deep your team is because you're around guys every day and have a good, older group, which we do," Musketeers coach Sean Miller said. "You see the good in a lot of different guys. It's not until you get 8 to 10, 10 to 15 games in when you truly understand how deep your team is." Maddox hit a 3-pointer and started a fastbreak with a steal that gave Xavier a 60-54 lead with 7:28 remaining, but the Musketeers faded down the stretch and lost for the second time in three games. Maddox is averaging 4.7 points per game, while Ryan Conwell leads the team with 16.6. Tuesday's game will be the last chance for Xavier to straighten up before visiting No. 22 Cincinnati on Saturday for the teams' annual intense crosstown showdown. Morgan State (5-7) is coming off a 102-81 road loss at Bowling Green on Saturday. Preseason All-MEAC First Team selection Will Thomas led the Bears with 19 points on 8-of-15 shooting from the field, while Kameron Hobbs scored 12 points off the bench. Amahrie Simpkins made all five of his field-goal attempts to add 11 points and Wynston Tabbs had 10 points, six rebounds and six assists. Tabbs leads Morgan State in scoring this season at 16.8 points per game, while Simpkins (12.8) and Thomas (12.2) round out the Bears' double-digit scorers. The Bears have struggled away from home, losing all five road contests this season. --Field Level Media
National Don't miss out on the headlines from National. Followed categories will be added to My News. Labor’s controversial misinformation laws are in tatters with the federal government withdrawing a planned vote on the friendless proposal, while gambling ad restrictions are put on ice and time is running out to reach a deal on housing and environment bills. Opposition leader Peter Dutton has welcomed the Albanese Government’s decision to dump its “dodgy” misinformation and disinformation legislation, which he described as a “scandalous attack on free speech, with censorship at its core”. The Albanese Government has withdrawn its misinformation and disinformation bill. Picture: NewsWire / Martin Ollman Labor failed to secure support from either the Coalition, who argued the bill sought to make “unelected bureaucrats the arbiters of truth” or the Greens who felt the proposal left too much power in the hands of tech companies and unfairly exempted media organisations. Independent senators including David Pocock, Jacqui Lambie, Tammy Tyrrell, Fatima Payman and Gerard Rennick also objected to the bill. Opposition leader Peter Dutton has welcomed Labor dumping the misinformation bill. Picture: NewsWire / Martin Ollman Mr Dutton said Anthony Albanese should rule out any future iteration of the misinformation legislation, which had aimed to force tech giants to stop falsehoods spreading online before they caused serious harm. Labor lost significant time and political capital fighting for the changes this term, and will no head to the election – due by May at the latest – with nothing to show for those efforts. The government has a huge to-do list in the final sitting week before the summer break, with changing the HECS indexation rate for university debts, electoral funding reform, aged care changes and raising the minimum social media age to 16 years among the major bills expected to pass parliament. Housing Minister Clare O’Neil has criticised the Greens for blocking Labor’s proposals to help increase rentals and help first home buyers. Picture: NewsWire / Martin Ollman But Labor has kicked plans for gambling ad restrictions into the new year, a move Mr Dutton described as a “cowardly and craven capitulation”. The government will forge ahead with a vote on two of it’s housing proposals, a “Help to Buy” shared equity scheme designed to help first home buyers, and a “Build to Rent” plan aimed at increasing the number of rentals in Australia. The Greens have abandoned demands such as a two-year freeze on rent increases and changes to negative gearing in favour of other asks, including that the government immediately fund 25,000 new home builds and increase the number of affordable rentals under the Build to Rent scheme. But Labor has dismissed the new requests, arguing the new builds would cost upward of $20 billion and the other requests would make the proposals untenable. Housing and Homelessness Minister Clare O’Neil said the Greens had consistently “blocked and delayed action on the housing crisis”. “You get the distinct impression the Greens want Australians to continue to be in housing distress, so Adam Bandt can try to harvest those grievances into votes,” she said. Greens Environment spokeswoman Sarah Hanson-Young says she wants to work with Labor to pass legislation, but wants native forest logging banned. Picture: NewsWire / Martin Ollman Labor’s nature positive laws, which would create an Environmental Protection Authority that would be able to impose much heavier fines for breaches that damage the environment, are also tenuously placed. The Greens dropped their demand for a climate trigger to be included in any environmental approvals, but the party’s Environment spokeswoman Sarah Hanson-Young has called on Labor to end native forest logging instead. Ms Hanson-Young insisted the Greens had been “pragmatic” in ongoing talks with the government, and was “trying to get outcomes” in the parliament. Ahead of the final sitting week, Government leader of the house Tony Burke said delivering on cost of living relief had been Labor’s “number one” priority in 2024. “Peter Dutton and the Coalition have tried to block every cost of living measure this year,” he said. “We will continue delivering for Australians despite their obsession with saying no.” More Coverage Withdrawal of creepy, flawed bill double humiliation for weak Labor James Morrow Labor’s misinformation bill dead in the water Angira Bharadwaj Originally published as Labor dumps misinformation laws, delays gambling ad reform, picks fight on housing in final week of parliament for 2024 Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories Social Senator lashes ‘outrageous’ call on social ban The industry group was criticised for protecting tech giants after they claimed a social media ban would “compromise the safety of young people”. Read more Breaking News Teacher’s alleged vile Snapchat act Lawyers have revealed the next step for a maths teacher who is facing rape and child grooming offences after allegedly posing as a girl on social media. Read moreCade Metz NEW YORK: OpenAI revealed details Friday about its plans to adopt a new corporate structure that will remove the company from control by a nonprofit that has been the focus of contention. OpenAI’s leaders have been privately discussing a change for several months but had provided few specifics. In a company blog post published Friday, OpenAI said it planned to restructure as a public benefit corporation, or PBC, which is a for-profit corporation designed to create public and social good. OpenAI rivals like Anthropic and Elon Musk’s xAI use a similar structure. “The PBC is a structure used by many others that requires the company to balance shareholder interests, stakeholder interests, and a public benefit interest in its decision making,” the company said. “It will enable us to raise the necessary capital with conventional terms like our competitors.” A year ago, the board of the nonprofit tried to fire CEO Sam Altman. It failed, but the incident spooked OpenAI’s investors, including Microsoft. In the months since, Altman and his colleagues have been working toward a new structure. With the change in structure, Altman and his colleagues must find ways to compensate the nonprofit for its loss of control. OpenAI said the nonprofit would receive shares in the PBC but added that the value it would receive was still being negotiated by independent financial advisers. The plan “would result in one of the best resourced nonprofits in history,” the company said in its blog. OpenAI’s latest funding round valued the company at $157 billion. OpenAI set off the generative artificial intelligence boom in late 2022 with the release of its online chatbot ChatGPT, which can answer questions in a near humanlike manner. In the months that followed, startups and tech giants like Google, Meta and Amazon raced to build similar technologies. Altman founded OpenAI as a nonprofit in 2015 with several AI researchers and entrepreneurs, including Musk. The aim, Altman and his co-founders said, was to build AI for the benefit of humanity — not for corporate shareholders. But by 2018, OpenAI’s founders realized that building powerful AI technology would require far more money than they could raise through a nonprofit. Early that year, Musk left the lab. When Altman took over as CEO, he created a for-profit company able to take on investors and promise them financial return while still answering to the nonprofit board. Eventually, it raised more than $13 billion in funding from Microsoft and others. As OpenAI’s largest investor, Microsoft also negotiated a partnership that has tightly bound the two companies as they compete with other AI companies. Microsoft supplies the raw computing power needed to build OpenAI technologies and it has an exclusive license to use these technologies in its own products. But Microsoft and other investors grew unhappy with the nonprofit’s control over the startup when its board tried to remove Altman in November 2023. The board said it no longer trusted Altman to build AI for the benefit of humanity. Musk sued OpenAI this year, claiming that the company and two of its founders, Altman and Greg Brockman, breached the company’s founding contract by putting commercial interests ahead of the public good. OpenAI has denied the claim. (The New York Times has sued OpenAI and Microsoft, claiming copyright infringement of news content related to AI systems. The two companies have denied the suit’s claims.)
Toronto Maple Leafs vs. Utah Hockey Club – Game #21 Preview, Projected Lines & TV Info - Maple Leafs Hot Stove
AP Sports SummaryBrief at 5:27 p.m. ESTTrump is named Time's Person of the Year and rings the New York Stock Exchange's opening bell NEW YORK (AP) — President-elect Donald Trump rang the opening bell at the New York Stock Exchange after being recognized by Time magazine as its person of the year. The honors Thursday for the businessman-turned-politician are a measure of Trump’s remarkable comeback from an ostracized former president who refused to accept his election loss four years ago to a president-elect who won the White House decisively in November. At the stock exchange, Trump was accompanied by his wife, Melania Trump, daughters Ivanka and Tiffany and Vice President-elect JD Vance. Trump grinned as people chanted “USA” before he opened the trading day and raised his fist. YouTube TV is hiking its monthly price, again. Here's what to know NEW YORK (AP) — Are you a YouTube TV subscriber? Your monthly bills are about to get more expensive again. YouTube has announced that it’s upping the price of its streaming service’s base plan by $10 — citing rising content costs and other investments. The new $82.99 per month price tag will go into effect starting Jan. 13 for existing subscribers, and immediately for new customers who sign up going forward. YouTube TV has rolled out a series of price hikes over the years. When launched back in 2017, the going price of its streaming package was $35 a month. By 2019, that fee rose to $50 — and has climbed higher and higher since. Snoop Dogg and Dr. Dre's brotherhood is still strong after 30 years with new album 'Missionary' LOS ANGELES (AP) — When it comes to music, there’s one person in particular Snoop Dogg trusts to steer the ship without question: hit-making producer Dr. Dre. Their bond, built over 30 years of brotherhood, began when Dr. Dre shaped Snoop’s game-changing debut, “Doggystyle,” a cornerstone of hip-hop history. From young dreamers chasing stardom to legends cementing their legacies, the duo has always moved in sync. Now, the dynamic pair reunites for Snoop’s “Missionary,” his milestone 20th studio album, which releases Friday. The 15-track project features several big-name guest appearances including Eminem, 50 Cent, Sting, Method Man, Jelly Roll, Tom Petty, Jhené Aiko and Method Man. Country star Morgan Wallen sentenced in chair-throwing case NASHVILLE, Tenn. (AP) — Country music star Morgan Wallen has pleaded guilty to two misdemeanor counts of reckless endangerment. He had been charged for throwing a chair from the rooftop of a six-story bar in Nashville and nearly hitting two police officers with it. Wallen appeared in court alongside his attorney on Thursday. He was sentenced to spend seven days in a DUI education center and will be under supervised probation for two years. According to the arrest affidavit, Wallen was accused of throwing a chair off the roof of Chief’s bar on April 7. The chair landed about a yard from the officers. Witnesses told police they saw Wallen pick up a chair, throw it off the roof and laugh about it. Indian teen Gukesh Dommaraju becomes the youngest chess world champion after beating Chinese rival NEW DELHI (AP) — Indian teenager Gukesh Dommaraju has become the youngest chess world champion after beating the defending champion Ding Liren of China. Dommaraju, 18, secured 7.5 points against 6.5 of his Chinese rival in Thursday's game which was played in Singapore. He has surpassed the achievement of Russia’s Garry Kasparov who won the title at the age of 22. Dommaraju is now also the second Indian to win the title after five-time world chess champion Viswanathan Anand. The Indian teen prodigy has long been considered a rising star in the chess world after he became a chess grandmaster at 12. He had entered the match as the youngest-ever challenger to the world crown after winning the Candidates tournament earlier this year. 'Vanderpump Rules' star James Kennedy arrested on suspicion of misdemeanor domestic violence BURBANK, Calif. (AP) — Police say “Vanderpump Rules” star James Kennedy has been arrested on suspicion of misdemeanor domestic violence. Police in Burbank, California, say officers investigated reports of an argument between a man and a woman at a residence late Tuesday night and arrested the 32-year-old Kennedy. He was released from jail after posting bail. A representative of Kennedy did not immediately respond to a message seeking comment. The Burbank city attorney will decide whether to file charges. Kennedy is a DJ and reality TV star who has appeared for 10 seasons on “Vanderpump Rules” — the Bravo series about the lives of employees at a set of swank restaurants. The wife of a Wisconsin kayaker who faked his own death moves to end their marriage MADISON, Wis. (AP) — The wife of a Wisconsin kayaker who faked his own drowning so he could abscond to Europe has filed a court action to end the couple's marriage. Online court records indicate Emily Borgwardt filed a petition in Dodge County Circuit Court on Thursday seeking to annul her marriage to Ryan Borgwardt. A hearing has been set for April. According to court documents, Ryan Borgwardt staged his own drowning by leaving his overturned kayak floating on Green Lake. He flew to Eastern Europe, where he spent several days in a hotel with a woman before taking up residence in the country of Georgia. He is charged with misdemeanor obstruction in Green Lake County. San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo SAN FRANCISCO (AP) — A block in downtown San Francisco has been renamed for acclaimed photojournalist Joe Rosenthal, who won the Pulitzer Prize for his iconic photo of U.S. Marines raising the flag on the Japanese island of Iwo Jima during WWII. The longtime staff photographer for the San Francisco Chronicle, who died in 2006 at age 94, is also remembered for the 35 years he spent documenting the city's famous and not so famous for the daily newspaper. He photographed a young Willie Mays getting his hat fitted as a San Francisco Giant in 1957. He also photographed joyous children making a mad dash for freedom on the last day of school in 1965. Nearly half of US teens are online 'constantly,' Pew report finds Nearly half of American teenagers say they are online “constantly,” despite concerns about the effects of social media and smartphones on their mental health. That's according to a new report published Thursday by the Pew Research Center. As in past years, YouTube was the single most popular platform teenagers used — 90% said they watched videos on the site, down slightly from 95% in 2022. There was a slight downward trend in several popular apps teens used. For instance, 63% of teens said they used TikTok, down from 67% and Snapchat slipped to 55% from 59%. Wander Franco's sex abuse trial has been postponed 5 months PUERTO PLATA, Dominican Republic (AP) — The trial against Tampa Bay Rays shortstop Wander Franco, who has been charged with sexually abusing a minor, sexual and commercial exploitation against a minor, and human trafficking, has been postponed until June 2, 2025. Dominican judge Yacaira Veras postponed the hearing Thursday at the request of prosecutors because of the absence of several key witnesses in the case. Franco’s lawyers asked the court to reconsider the postponement, arguing Franco must report to spring training in mid-February. The judge replied that Franco is obligated to continue with the trial schedule and his conditional release from detainment.
Site Is in One of The Country's Fastest Growing Areas with One of The Strongest Economy And Provides Easy Access to The Crossroads of America SALT LAKE CITY , Dec. 12, 2024 /PRNewswire/ -- VanTrust Real Estate today announced the acquisition of 32 acres, located at 5998 West Parkway Blvd, in West Valley City, Utah , to build four industrial warehouse buildings. The site's prime location offers easy access to the "Crossroads of America" – a network of interstates, local highways, roads and rail lines that converge in Utah's capital city area. The site is located just south of State Route 201 and west of Mountain View Corridor. It is also near the Salt Lake City International Airport, Interstate 80, Interstate 15, and the Union Pacific Railroad intermodal hub. The site will accommodate four buildings that will provide 600,000 square feet of new Class A industrial space to this growing logistics area. According to Tom Freeman and Travis Healy of Colliers, the leasing team VanTrust has hired to market the buildings, there is consistent demand for space in this area due to its strategic position in the Salt Lake Valley, and because the area is one of the fastest growing and has one of the strongest economies in the country. "We are thrilled to have acquired this advantageously located site on which to build new industrial warehouses," said Chris McCluskey , VanTrust's Executive Vice President of Development for Salt Lake City . "One of our specialties at VanTrust is industrial properties, and we are excited to add this tremendous location to our portfolio." VanTrust anticipates construction on the first two buildings will start in late spring 2025 and deliver late spring 2026. Construction timing on the second two buildings is still to be determined. Specific tenants for the warehouses have not yet been identified. Since its inception in 2010, VanTrust has experienced rapid growth. The full-service real estate development company is based in Kansas City , with offices in Columbus , Dallas , Phoenix , Jacksonville , and Salt Lake City . VanTrust has developed more than 68 million square feet of office, industrial, multifamily, science + technology, and mixed-use development. The company has more than $7 billion of product nationwide. About VanTrust Real Estate VanTrust Real Estate, LLC is a full-service real estate development company. The company acquires and develops real estate assets for the Van Tuyl family portfolio and offers a broad range of real estate services including acquisition, disposition, development, development services, corporate services, and asset enhancement. Product types include office, industrial, multifamily, mixed-use and science + technology. VanTrust works nationally with regional offices in Columbus , Dallas , Phoenix , Jacksonville and Salt Lake City with its headquarters in Kansas City, Missouri . For more information, visit www.vantrustre.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/vantrust-real-estate-acquires-strategically-located-salt-lake-county-site-to-build-four-new-industrial-warehouses-302330708.html SOURCE VanTrust Real Estate
NoneThe Nationalist Congress Party (NCP SP) chief Sharad Pawar on Sunday said that the Ladki Bahin scheme, women's participation in voting in large numbers, and religious polarisation may have played a role in Mahayuti's victory in , reported the PTI. Sharad Pawar said that the Maharashtra election result 2024, declared on Saturday, are not on the expected lines but he would revitalise the party. Responding to a query on his retirement from active politics, Sharad Pawar tersely said he and his party colleagues will decide. Speaking to reporters in Karad city in Satara district, Sharad Pawar acknowledged that the NCP led by his nephew and Deputy CM Ajit Pawar secured more seats than the NCP (Sharadchandra Pawar), adding "Everyone knows who founded the NCP," according to the PTI. "The Ladki Bahin scheme and religious polarisation played a role. Women's participation in large numbers could be the reason for the Mahayuti sweep in Maharashtra. We will study the reasons for the debacle and take necessary steps," he said. Sharad Pawar asserted that the NCP (SP) would go to people by re-energising the new leadership. Responding to a query on EVMs, a day after Shiv Sena (UBT) leader Sanjay Raut expressed doubts over the massive verdict in Mahayuti's favour, Pawar said he would speak about EVMs only if he has official data, as per the PTI. Sharad Pawar suffered the worst-ever defeat in his political career in with the NCP faction led by him winning only 10 seats in the 288-member House, while the Ajit Pawar-led NCP bagged 41. The Mahayuti scored a massive victory with the BJP winning 132 seats, Shiv Sena led by Shinde 57, and NCP 41. In contrast, the opposition Maha Vikas Aghadi was restricted to 46 seats. Pawar said the poll outcome he had witnessed in his public life was unprecedented. "The MVA coalition put in a lot of hard work but the desired results were not achieved even though people responded positively to MVA during campaigning," the NCP (SP) chief added, the news agency reported on Sunday. Pawar said that the MVA was more confident after achieving success in Lok Sabha elections, adding that more work needs to be done. When asked if he was jolted by the poll outcome, Pawar said, "The poll results were declared yesterday. Today I am in Karad. Those who were demoralised would have sat at home". He also said fielding his grandnephew Yugendra Pawar against on the home turf of Baramati wasn't a wrong decision as someone had to contest the elections. Ajit Pawar defeated Yugendra by a margin of over 1 lakh votes to win the eighth term in Baramati. "Ajit Pawar and Yugendra Pawar cannot be compared. We were aware of this fact," Sharad Pawar added, as per the PTI. (with PTI inputs)
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