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NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global live music market size is estimated to grow by USD 35.56 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 17.38% during the forecast period. Growing demand for live music experiences is driving market growth, with a trend towards rise in adoption of virtual and hybrid live music experiences. However, privacy and security concerns over online ticket booking platforms poses a challenge.Key market players include Alliance Tickets, Bassett Events Inc., Coast To Coast Tickets LLC, CTS Eventim AG and Co. KGaA, Eventbee Inc., Eventbrite Inc., Event.com Inc., Live Nation Entertainment Inc., Lyte Inc., SeatGeek Inc., Sunrise Records Ltd., The Ticketline Network Ltd., Ticket City Inc., TicketNetwork Inc., TickPick LLC, TiqIQ LLC, TodayTix Inc., Viagogo Entertainment Inc., Vivendi SE, and Vivid Seats Inc.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2024-2028 Base Year 2023 Historic Data 2018 - 2022 Segment Covered Revenue (Tickets, Sponsorship, and Merchandising), Genre (Pop, Rock, Hip-hop, EDM, and Metal music and others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa) Region Covered North America, Europe, APAC, South America, and Middle East and Africa Key companies profiled Alliance Tickets, Bassett Events Inc., Coast To Coast Tickets LLC, CTS Eventim AG and Co. KGaA, Eventbee Inc., Eventbrite Inc., Event.com Inc., Live Nation Entertainment Inc., Lyte Inc., SeatGeek Inc., Sunrise Records Ltd., The Ticketline Network Ltd., Ticket City Inc., TicketNetwork Inc., TickPick LLC, TiqIQ LLC, TodayTix Inc., Viagogo Entertainment Inc., Vivendi SE, and Vivid Seats Inc. Key Market Trends Fueling Growth Live music market is a thriving industry that caters to the worldwide demand for authentic and musical experiences. Trends in this sector include live music concerts, mobile apps, and the rise of DJs. Genres such as Blues, Pop, Rock, Metal, Electronica, and more continue to shape audience preferences. Industrial developments, urbanization, and technology adoption have led to the automation of production lines and the integration of technology in music events. Customer preferences drive emerging trends like local talent, interactive activities, and art installations at music festivals. Macroeconomic factors, disposable incomes, and social media influence ticket sales for B2C enterprises. Event organizers leverage user metrics, online purchase, and modeling approaches to optimize their operations. The live music market is a cornerstone of the entertainment sector, providing livelihoods for musicians, artists, agents, promoters, ticketing companies, contractors, record companies, music publishers, corporate brands, and sponsors. The sector includes small clubs, theatre-sized venues, arena shows, and stadiums, featuring international stars and local talent. Festival dates, performance schedules, and promotional campaigns are crucial elements of successful live music events. Risk takers, fee negotiations, and show production are integral parts of the business. The future of the live music market is shaped by virtual online platforms, holograms, and fan bases. The sector continues to evolve, offering unique experiences for fans and like-minded individuals. The live music industry has experienced a notable increase in the utilization of virtual and hybrid events due to technological advancements and the impact of the COVID-19 pandemic. Artists and event organizers have responded to evolving circumstances by adopting innovative approaches, enabling them to deliver live music experiences to global audiences despite challenges posed by large-scale gatherings. Virtual and hybrid formats have gained popularity as a solution to the disruptions caused by the pandemic, allowing musicians and artists to continue engaging with their fan bases. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges Live music market is a dynamic and ever-evolving industry, encompassing various elements such as concerts, mobile apps, DJs, artists, and genres like Blues, Pop, Rock, Metal, and Electronica. Challenges in this sector include urbanization, production lines, automation, and technology adoption. Industrial developments and macroeconomic factors influence music events worldwide. Customer preferences and emerging trends shape the landscape, with local special circumstances and social outlook also playing a role. Live music events offer unique experiences for consumers, bringing together like-minded individuals and passionate audiences. Younger generations value experiences over material possessions, driving growth in music festivals and virtual online platforms. Technology, such as holograms and social media, has transformed the industry, enabling B2C enterprises to reach wider audiences and increase Gross Merchandise Value. Event organizers face various challenges, including ticket sales, artist contracts, and production logistics. Collaboration between agents, promoters, ticketing companies, contractors, record companies, music publishers, corporate brands, and sponsors is crucial. The live music market is a cornerstone of the entertainment sector, providing livelihoods for musicians, crew members, and industry professionals. As the industry continues to evolve, understanding consumer behavior, representing the social outlook, and adapting to technological advancements will be key to success. Goldman Sachs predicts continued growth in the sector over the next few decades. Ultimately, the live music market offers a unique blend of art, social interaction, and entertainment for fans and artists alike. In today's digital marketplace, the music industry has seen a significant shift towards online platforms and applications. This transition brings new opportunities for live music market providers to reach their audience with customized offerings. However, it also poses new challenges, particularly in the area of data privacy. To effectively target customers, service providers collect data through cookies, which track customer preferences. This data is then utilized for customer profiling, behavior analysis, and data mining. While this information aids in delivering personalized services, indiscriminate use can infringe on customer privacy. Moreover, location-based services, which require geo-location information, raise privacy concerns. As the IT industry continues to create an open, competitive electronic marketplace, it is crucial to provide secure and reliable infrastructure for the seamless transfer and integration of critical information. Ensuring data privacy and security is essential to build trust and maintain customer loyalty. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This live music market report extensively covers market segmentation by Revenue 1.1 Tickets 1.2 Sponsorship 1.3 Merchandising Genre 2.1 Pop 2.2 Rock 2.3 Hip-hop 2.4 EDM 2.5 Metal music and others Geography 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 Middle East and Africa 1.1 Tickets- The ticketing segment is a pivotal part of the global live music market, facilitating fan access to live music events through ticket sales and distribution. Online ticketing platforms, such as Ticketmaster and StubHub, have become popular due to their user-friendly interfaces and secure payment gateways. Mobile ticketing, featuring digital tickets accessible on smartphones, enhances the ticketing experience and reduces the risk of counterfeit tickets. Secondary ticketing platforms, like Viagogo and SeatGeek, offer fans an alternative to secure tickets for sold-out events. Data analytics and personalized marketing strategies are emerging trends, enabling ticketing companies to provide customized recommendations and targeted campaigns. These advancements are anticipated to boost the growth of the ticketing segment in the live music market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) Research Analysis Live music concerts continue to captivate audiences worldwide, bringing people together through the power of music. Mobile apps have revolutionized the industry, allowing fans to access tickets, merchandise, and real-time updates on their favorite artists. From Blues to Pop, Rock, Metal, Electronica, and beyond, music events cater to diverse customer preferences. Emerging trends include the integration of technology, such as holograms and virtual online platforms, into live performances. Local special circumstances and macroeconomic factors can impact the livelihood of musicians, influencing tours and festivals. Social interaction and the connection with like-minded individuals are cornerstones of the live music experience, spanning decades. The younger generation continues to discover new artists and genres, ensuring the industry's longevity. Live music events offer more than just entertainment – they provide a unique experience for fans to engage with their favorite musicians and create memories that last a lifetime. Market Research Overview Live music concerts have seen a significant in popularity with the advent of mobile apps, allowing fans to easily discover and purchase tickets for their favorite artists and genres, including Blues, Pop, Rock, Metal, Electronica, and more. The live music scene is not just limited to concerts but also includes parties and music festivals, which offer unique experiences for like-minded individuals. Urbanization and industrial developments have led to the adoption of technology in music production lines and automation, transforming the way music is created and performed. Emerging trends such as virtual online platforms, holograms, and interactive activities have added new dimensions to live music events, catering to the younger generation's preferences for experiences over material possessions. Music festivals have become a cornerstone of the live music industry, attracting passionate audiences from worldwide, with genres ranging from local talent to international stars. Event organizers leverage social media and ticket sales to reach consumers, while B2C enterprises focus on Gross Merchandise Value and user metrics to optimize their offerings. The live music industry is influenced by various macroeconomic factors, including disposable incomes, consumer behavior, and emerging trends. Representativeness, social outlook, and urban population play a crucial role in shaping the industry's future, with Goldman Sachs predicting a decade-long livelihood for musicians, tours, and festivals. Live performance remains the heart of the industry, with artists, DJs, agents, promoters, ticketing companies, contractors, record companies, music publishers, corporate brands, and sponsors all playing essential roles in bringing the music to the fans. From small clubs to arena shows and stadiums, the live music industry continues to evolve, offering unforgettable experiences for fans and artists alike. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Revenue Tickets Sponsorship Merchandising Genre Pop Rock Hip-hop EDM Metal Music And Others Geography North America Europe APAC South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/live-music-market-to-expand-by-usd-35-56-billion-2024-2028-driven-by-rising-demand-for-experiences-ai-redefining-the-market-landscape---technavio-302311721.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The Supreme Court of Pakistan has disposed of over 4,000 cases in the first month of new Chief Justice of Pakistan Yahya Afridi, data released by the top court showed. The top court said that from October 28, 2024 (Monday) to November 29, 2024 (Friday), the court had disposed of 4,372 cases, while 1,853 new cases were instituted. According to the Supreme Court's spokesperson, since his appointment in late October, the court has made significant strides in dispensing justice under the leadership of the new Chief Justice of Pakistan, Yahya Afridi. "These achievements reflect a renewed impetus towards clearing the backlog of cases and providing timely relief," stated the press statement. It added that CJP Afridi and other judges had worked to ensure that the country's highest court remains responsive to the needs of the public. "In addition to accelerating case disposal, the chief justice has placed judicial reforms at the forefront of his agenda," the statement said, adding that over the past month, Chief Justice Afridi has chaired several sessions to review progress in key areas of dispensing justice, including advancements in information technology to modernise court operations, improvements in case management processes, and the optimisation of human resources. "These efforts aim to streamline workflows, reduce delays, and enhance the capacity of judicial staff." Chief Justice Afridi has also prioritised capacity-building and training initiatives to equip judicial officers and staff with the skills needed to address evolving challenges. "Recognising the importance of public engagement, the chief justice has emphasised broader consultation with stakeholders through feedback mechanisms." "These initiatives are designed to make the judiciary more transparent, accessible, and citizen-focused, ensuring that the Supreme Court continues to uphold its constitutional mandate with integrity and efficiency." Repairing SC's Fractures: Afridi's First Step As CJP Is To Overturn Predecessors' Controversial Move Constitutional bench Meanwhile, Chief Justice Afridi has summoned a meeting of the Judicial Commission of Pakistan (JCP) on December 6 to consider the nomination of Justice Shahid Bilal as a member of the Constitutional Bench. An Intra-Court Appeal (ICA) regarding the trial of civilians involved in the May 9 incidents in a military court was put up before a three-judge constitutional committee. The meeting had decided that Justice Ayesha Malik, a member of the bench, could not sit on the bench since she had heard the main case earlier.TORRANCE, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Robinson Helicopter Company (RHC), the world's leading manufacturer of civil helicopters, secured approval from EASA authority, Argentina, Japan, and India for its improved empennage on all Robinson helicopter models. This follows the Federal Aviation Administration's (FAA) prior approval of the same configuration for the R66 in 2023 and R44 and R22 in 2024. The new empennage includes a symmetrical horizontal stabilizer and tailcone, is now standard on all newly manufactured Robinson helicopters. Since securing approval from the FAA, the company has delivered nearly 700 retrofit kits, in addition to about 250 new production aircraft with the new empennage. Robinson Helicopter is currently offering a retrofit kit for existing R22, R44, and R66 aircraft at a discounted rate of $3,600 USD through the end of December 2025. Horizontal stabilizers can be purchased through authorized dealers, service centers, or by calling Robinson Helicopter customer service. The symmetrical horizontal stabilizer is a key improvement that enhances the safety and performance of Robinson helicopters. By improving roll stability, particularly during high-speed flights, it contributes to a smoother and safer flight experience. Additionally, the symmetrical stabilizer helps reduce the right-rolling tendency when the aircraft is operated outside of the approved flight envelope. "This is a significant milestone in our commitment to continuous safety, reliability, and customer satisfaction around the world," said David Smith, president and CEO of Robinson Helicopter Company. "This certification is a testament to our team's tireless pursuit in enhancing the Robinson flying experience and setting new standards for safety and performance in the industry." About Robinson Helicopter Company For more than 50 years, Robinson Helicopter Company has been at the forefront of the helicopter industry by delivering safety-enhancing technologies, including OEM-designed crash-resistant fuel cells, 4K cockpit video cameras, autopilot systems, and NVG-compatible cockpits. Robinson is committed to developing, manufacturing, and supporting the most reliable and efficient helicopters in the industry. For additional information, visit www.robinsonheli.com . Contact: Robyn E. Eagles Robyn.eagles@robinsonheli.com 323-547-5102 Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/97e6f39f-6622-4025-bce0-525932cca657 https://www.globenewswire.com/NewsRoom/AttachmentNg/03fc0ff4-fd26-4c7b-a23d-41f34c25d5a0 https://www.globenewswire.com/NewsRoom/AttachmentNg/be56e968-42b5-41df-b62a-a17690dc55f0 This press release was published by a CLEAR® Verified individual. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Minnesota Vikings Waive Recently Activated UDFA, Sign Nick Muse to 53-Man Roster
Boston Red Sox starter Garrett Crochet is happy that his trade saga with the Chicago White Sox came to an end. "It's a big relief," Crochet said on Friday, per the Associated Press (h/t ESPN ). "It takes a lot of stress out of the way of, I suppose, in spring training being curious where we're going to be living, the housing situation is tough to figure out, so it's nice to kind of be ahead of the game in that regard." On Wednesday, Chicago dealt Crochet to Boston in exchange for a package of prospects headlined by catcher Kyle Teel. The southpaw wrapped up a breakout 2024 campaign with the White Sox, earning the first All-Star nod of his career. After transitioning from the bullpen to a rotation role, Crochet thrived. In 32 starts last season, he posted a 3.58 ERA and 1.068 WHIP. Crochet walked a mere 33 batters compared to 209 strikeouts in 146 innings of work, representing an impressive average of 12.9 strikeouts per nine innings. Crochet was one of the few bright spots on a White Sox squad that finished with a record-breaking 121 losses. With two arbitration-eligible seasons left, several teams with postseason aspirations were eyeing him prior to the July 30 trade deadline. Jon Heyman of the New York Post reported on June 20 that "every contending team" had interest in Crochet. The trade buzz continued to surround the 25-year-old once the offseason started, increasing before he was finally moved to Boston. The Cincinnati Reds, Milwaukee Brewers, New York Mets and New York Yankees all reportedly expressed interest. Crochet ultimately landed on the Red Sox, though. He's expected to headline a rotation that also features Brayan Bello, Kutter Crawford and Tanner Houck. "The opportunity to play for the market of Boston, the fan base that's representing the Red Sox is about as great of an opportunity as you can come by in this game," Crochet said, per ESPN. As the Red Sox look to improve upon a record of 81-81 and return to the postseason for the first time since 2021, Crochet will have a full offseason to adjust to the change of scenery and prepare for 2025.Intech Investment Management LLC bought a new stake in shares of Ellington Financial Inc. ( NYSE:EFC – Free Report ) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 53,933 shares of the financial services provider’s stock, valued at approximately $695,000. Intech Investment Management LLC owned about 0.06% of Ellington Financial as of its most recent filing with the Securities & Exchange Commission. Several other large investors have also bought and sold shares of EFC. Vanguard Group Inc. raised its position in Ellington Financial by 1.0% in the first quarter. Vanguard Group Inc. now owns 4,879,336 shares of the financial services provider’s stock worth $57,625,000 after acquiring an additional 45,979 shares during the period. CANADA LIFE ASSURANCE Co boosted its position in shares of Ellington Financial by 6.6% during the first quarter. CANADA LIFE ASSURANCE Co now owns 105,288 shares of the financial services provider’s stock worth $1,242,000 after acquiring an additional 6,517 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Ellington Financial by 4.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 54,094 shares of the financial services provider’s stock valued at $639,000 after purchasing an additional 2,500 shares in the last quarter. Virtu Financial LLC bought a new stake in Ellington Financial in the first quarter worth $163,000. Finally, Harbor Capital Advisors Inc. raised its position in shares of Ellington Financial by 359.9% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 294,834 shares of the financial services provider’s stock valued at $3,562,000 after buying an additional 230,722 shares in the last quarter. 55.62% of the stock is owned by hedge funds and other institutional investors. Insider Transactions at Ellington Financial In related news, CIO Michael W. Vranos sold 14,000 shares of the business’s stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $12.48, for a total transaction of $174,720.00. Following the completion of the sale, the executive now directly owns 168,359 shares in the company, valued at approximately $2,101,120.32. The trade was a 7.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Company insiders own 4.40% of the company’s stock. Ellington Financial Stock Performance Ellington Financial ( NYSE:EFC – Get Free Report ) last issued its earnings results on Wednesday, November 6th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.04. Ellington Financial had a net margin of 106.40% and a return on equity of 10.26%. The company had revenue of $33.63 million for the quarter, compared to analysts’ expectations of $37.95 million. During the same period in the prior year, the business earned $0.33 EPS. On average, sell-side analysts anticipate that Ellington Financial Inc. will post 1.37 earnings per share for the current year. Ellington Financial Announces Dividend The firm also recently declared a monthly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Friday, November 29th will be issued a $0.13 dividend. This represents a $1.56 annualized dividend and a yield of 12.62%. The ex-dividend date is Friday, November 29th. Ellington Financial’s payout ratio is 119.08%. Ellington Financial Company Profile ( Free Report ) Ellington Financial Inc, through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime mortgage; RMBS for which the principal and interest payments are guaranteed by the U.S. Recommended Stories Five stocks we like better than Ellington Financial 2 Fintech Stocks to Buy Now and 1 to Avoid The Latest 13F Filings Are In: See Where Big Money Is Flowing How to Use Stock Screeners to Find Stocks 3 Penny Stocks Ready to Break Out in 2025 Airline Stocks – Top Airline Stocks to Buy Now FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Want to see what other hedge funds are holding EFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ellington Financial Inc. ( NYSE:EFC – Free Report ). Receive News & Ratings for Ellington Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ellington Financial and related companies with MarketBeat.com's FREE daily email newsletter .The Queen’s Family Health Team has been awarded $100,000 through the City of Kingston’s Primary Care Clinic Expansion Grant to help attach 1,200 unattached patients to primary care services. The grant was presented last week by city councillors Brandon Tozzo and Gregory Ridge. The funding will support two key initiatives: the New Patient Intake Initiative, which streamlines the process of bringing on unattached patients, and a program to update patient records, traditionally a time-consuming task for administrative staff. These efforts will enable the clinic to roster patients more efficiently through Health Care Connect and improve care delivery. Craig Desjardins, the city’s director of strategy, highlighted the significance of the grant. “The city is very pleased to announce the fifth grant as part of its clinic grant program to attract family doctors and support unattached patients in Kingston,” he said. “Some great news for the holiday season.” Desjardins also noted progress in reducing the number of unattached patients in Kingston. “I think the number a couple of years ago was 30,000, last year was 20,000, and I think we’re down to about 14,000 right now. So we’re making progress. “It’s slow, I know it’s not fast enough for those who don’t have a family doctor. It’s a challenge quite frankly across the province and across the country.” The Queen’s Family Health Team expressed gratitude for the grant, stating: “This support empowers us to increase access to quality care and improve the health and wellness of more community members. The positive impacts will benefit patients, learners, future health providers, and other sectors of the health system impacted when community members lack primary care.” King’s Town district councillor Gregory Ridge echoed these sentiments, adding, “This investment will make a real difference in the lives of 1,200 residents who do not have a family doctor and help improve access to primary care. “While health care is largely under provincial jurisdiction, I’m proud that Kingston continues to lead by supporting initiatives that enhance access and well-being.” The Queen’s Family Health Team includes physicians, resident doctors, allied health professionals, and administrative staff collaborating to deliver patient-centred care. The Primary Care Clinic Expansion Grant is a municipally-funded initiative designed to improve primary care access by leveraging technology, expanding administrative support, and integrating allied health professionals.
NoneOhio State, Michigan players involved in melee after Buckeyes loss, multiple people pepper sprayedScottish farmed salmon was the UK’s last year, ending up in restaurants and on dinner tables all over the world. But also in 2023, the industry trade body sought to drop the word “farmed” from its of “Scottish farmed salmon” after two successive years of . As well as the name change, Salmon Scotland’s application to the Department for Environment, Food and Rural Affairs (Defra) also sought to ease restrictions on production methods. The reason Salmon Scotland gave in its for dropping “farmed” was to protect Scottish producers from competition from “imported, commoditised product, often of lower quality”, despite “Scottish” already being a protected label. Defra in April 2024, meaning “farmed” could be dropped from all packaging of food containing Scottish salmon in any form. But there’s a chance that the changes to production methods outlined in the application could themselves cause quality to suffer – and with it the reputation of Scottish farmed salmon. This could be compounded if consumers, not seeing the word “farmed” on labels, assume they are buying wild-caught salmon and end up disappointed with the product. Back in 2008, the had approved the UK government’s application for protecting the name “Scottish farmed salmon”. recognise the need to improve farmers’ incomes as well as protect consumers with clear information. Salmon Scotland’s successful also removed the qualifiers “conventional” and “organic”, with no distinction left between the two. And crucially, dropping the production method – “farmed” as opposed to “wild-caught” – creates ambiguities at a time when the Scottish government is wild salmon stocks. In removing several constraints on production methods, it risks harming quality in favour of cheaper production. The requirement of fish farmed in “western Scotland” has been broadened to “Scotland” as a whole. But eastern Scotland, as well as the shallower waters of the North Sea, is not suitable for quality salmon. Most critically, the requirement ensuring stocks within cages do not exceed a density of 10kg per cubic metre was removed, creating a higher risk of infections and infestations of sea lice. Interestingly, in 2018, retailer Waitrose had asked the sector to drastically of salmon stock in cages to the level of organic stock, given the high salmon mortality rate of 23%. The reportedly asked the industry in five years to reduce the number of fish to reduce salmon-related waste. The waste affects other seabed-based species, and eventually the salmon itself, with sea lice infestation and high mortality. A requirement to ensure the fish has “no rancidity” is now essentially reduced to an informal smell test. The 2008 protected geographical indication was intended to guarantee the salmon’s Scottish origin. But given the multinational producers operating in Scotland and the need for large fish of a specific shape, salmon eggs are largely imported. A Scottish government survey shows that were imported in 2022 and 40.6 million in 2023, usually from Ireland, Iceland and Norway. These eggs have been bred to create farmed salmon exclusively for size, quite different from wild salmon, when they escape from their cages. In allowing Salmon Scotland to drop the word “farmed”, Defra’s decision appears to go against the spirit of the EC regulations on protected geographical indication. So, there is a serious risk that what was a premium product will eventually become known as the same commoditised, low-quality product that Salmon Scotland is claiming to fight against. Such commoditisation – placing more focus on quantity than quality – puts smaller Scottish producers at a disadvantage against global producers operating in Scotland like Norway-based and Faroe-based . Domestic producers, unable to benefit from economies of scale, rely on the geographic premium or on the method of production (“organic”, for instance) to carve out their niche in the market. The geographic premium to protect the interests of small farmers and producers is the reason for the geographic indication – large producers can create a premium around their own brand. A consumer perspective Many studies show that, while consumers worldwide value Scottish-farmed salmon, they also prize wild salmon over farmed. A across the UK, France, Germany, Italy and Spain regarding consumers’ found that shoppers were willing to pay less for farmed salmon than the wild-caught variety. Separately, a found that consumers view wild fish as significantly healthier than farmed fish and safer to eat. found that Japanese consumers prefer wild salmon and that farmed salmon may be perceived as less environmentally friendly. Removing the word “farmed” could confuse global consumers into thinking salmon is wild-caught. Any production-related controversy in the future could create a backlash if consumers believe that dropping the “farmed” production method was deliberately deceptive. Controversies could stem from the so-called , with a pilot study having found farmed salmon showed consistently of pollutants than wild-caught salmon. A major source of these pollutants is the fish meal and fish oil in the feed for farmed salmon. A found strong consumer aversion to increased levels of synthetic industrial chemicals called polychlorinated biphenyls (PCBs), which may get into farmed salmon via its feed. Higher density could result in widespread infectious salmon anaemia in the salmon stock, as happened in . And have hit the Scottish salmon industry too. The Scottish government’s Fish Health Inspectorate noted salmon between 2021 and 2022. One research study found of farmed Atlantic salmon are increasing, including in Scotland and Norway. While Salmon Scotland has about attacks from “urban-based activists”, they and Defra should heed economist in seeking maximum profits, not larger quantities, for Scottish producers. For modestly sized domestic producers, competing globally with a smaller amount of a higher-priced organic or other high-quality salmon genuinely associated with Scotland could be the answer. This might be more profitable than offering a larger quantity of potentially risk-laden – and therefore lower-priced – fish competing globally against a commoditised product. Salmon Scotland and Defra may want to reconsider and retract their 2024 amendment, including the rebranding, especially given the to the Scottish economy and UK exports. To remove this article -
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Quant Trading Society Launches QTS Investor Pro, Democratizing Algorithmic Trading for Retail Investors 12-20-2024 12:22 AM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire Quant Trading Society (QTS) [ https://www.quanttradingsociety.com/ ], a pioneering quant trading company, is transforming the financial landscape for busy professionals seeking efficient investment solutions. Through its newly launched QTS Investor Pro program, the firm is making algorithmic trading-once exclusive to hedge funds-accessible to retail investors. With over two years of development and a proven track record, QTS aims to bridge the gap between traditional investment strategies and cutting-edge trading technology. "Automation can be an intimidating concept for many investors," says Moayad Sallabi, Founder of Quant Trading Society. "Our mission is to make this advanced technology approachable, reliable, and profitable for everyone, regardless of their financial background or trading experience." QTS Investor Pro offers a comprehensive and guided experience for participants, granting them access to the firm's proprietary trading algorithms. Unlike traditional strategies limited to bonds, stocks, or real estate, the QTS system operates with a unique mechanism called the Dynamic Optimization Protocol. This protocol employs rigorous criteria to determine when and how the algorithms engage with the market, minimizing risk and ensuring consistent performance. "Dynamic Optimization is a game-changer for retail investors," explains Moayad Sallabi. "It's this innovation that sets us apart from competitors and delivers the reliability that investors demand." Since its launch, the QTS Investor Pro program has garnered significant attention, attracting over 950 users. The platform boasts an impressive rating, highlighting its effectiveness and ease of use. For added reassurance, QTS offers a 30-day money-back guarantee, ensuring clients can test the platform risk-free. One satisfied user shared, "I never imagined automated trading could be this simple. It's like having a hedge fund's capabilities in my back pocket." Algorithmic trading has long been the domain of institutional investors and hedge funds. QTS's initiative marks a pivotal moment in democratizing this sophisticated tool for everyday investors. By removing the time and effort traditionally associated with trading, the platform allows users to reap the benefits of advanced market strategies while focusing on their professional lives. Quant Trading Society envisions a financial future where automation is no longer a daunting prospect but a trusted ally for investors. The QTS Investor Pro program emphasizes a market-neutral approach, empowering participants to explore diverse financial opportunities beyond conventional assets. Applications are now open for those interested in exploring this innovative platform. Licensing opportunities are available through the Quant Trading Society website at http://www.quanttradingsociety.com , and prospective users can learn more about the company's journey and expertise via their Instagram @quanttradingsociety [ https://www.instagram.com/quanttradingsociety ]. About Company: Quant Trading Society (QTS) is a leading quant trading company headquartered in Cork, Ireland. The firm specializes in making algorithmic trading accessible to retail investors, empowering them with innovative tools to achieve consistent returns. QTS is dedicated to simplifying automation and bridging the gap between traditional investments and advanced trading strategies. Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements. Media Contact Company Name: Quant Trading Society Contact Person: Moayad Sallabi Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=quant-trading-society-launches-qts-investor-pro-democratizing-algorithmic-trading-for-retail-investors ] City: Dublin Country: Ireland Website: http://www.quanttradingsociety.com This release was published on openPR.None
Intech Investment Management LLC purchased a new position in shares of Clearwater Analytics Holdings, Inc. ( NYSE:CWAN – Free Report ) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 28,411 shares of the company’s stock, valued at approximately $717,000. Other large investors have also recently made changes to their positions in the company. California State Teachers Retirement System increased its position in shares of Clearwater Analytics by 22.3% during the first quarter. California State Teachers Retirement System now owns 131,341 shares of the company’s stock worth $2,323,000 after purchasing an additional 23,971 shares in the last quarter. Jane Street Group LLC increased its position in shares of Clearwater Analytics by 234.2% during the first quarter. Jane Street Group LLC now owns 265,818 shares of the company’s stock worth $4,702,000 after purchasing an additional 186,273 shares in the last quarter. Seven Eight Capital LP purchased a new stake in shares of Clearwater Analytics during the second quarter worth approximately $1,797,000. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Clearwater Analytics in the 3rd quarter valued at $3,677,000. Finally, Aigen Investment Management LP purchased a new stake in Clearwater Analytics in the 3rd quarter valued at $523,000. 50.10% of the stock is currently owned by hedge funds and other institutional investors. Insider Activity In related news, CFO James S. Cox sold 18,700 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $24.44, for a total transaction of $457,028.00. Following the transaction, the chief financial officer now owns 227,503 shares of the company’s stock, valued at approximately $5,560,173.32. This represents a 7.60 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, CRO Scott Stanley Erickson sold 3,890 shares of the stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $23.75, for a total value of $92,387.50. Following the transaction, the executive now directly owns 4,844 shares in the company, valued at approximately $115,045. The trade was a 44.54 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 67,770 shares of company stock valued at $1,826,606 in the last quarter. Insiders own 4.60% of the company’s stock. Clearwater Analytics Stock Performance Analyst Upgrades and Downgrades Several analysts have issued reports on the company. DA Davidson cut Clearwater Analytics from a “buy” rating to a “neutral” rating and upped their target price for the company from $31.00 to $35.00 in a report on Friday, November 8th. Piper Sandler upped their target price on Clearwater Analytics from $23.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Oppenheimer upped their target price on Clearwater Analytics from $31.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Citigroup assumed coverage on Clearwater Analytics in a report on Monday, August 19th. They issued a “buy” rating and a $28.00 target price for the company. Finally, The Goldman Sachs Group upped their target price on Clearwater Analytics from $20.00 to $22.00 and gave the company a “sell” rating in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $31.11. Check Out Our Latest Analysis on CWAN Clearwater Analytics Company Profile ( Free Report ) Clearwater Analytics Holdings, Inc develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally. Read More Want to see what other hedge funds are holding CWAN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Clearwater Analytics Holdings, Inc. ( NYSE:CWAN – Free Report ). Receive News & Ratings for Clearwater Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clearwater Analytics and related companies with MarketBeat.com's FREE daily email newsletter .
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