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PM Modi's visit to labour camp in Kuwait underscores government's resolve for welfareBuccaneers are back to .500 and in position to control their playoff hopes down the stretchPM Modi's visit to labour camp in Kuwait underscores government's resolve for welfare

SANTA CLARA, Calif., Dec. 09, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that Tim Keating has joined the company as senior vice president, Government Relations and Regulatory Affairs, effective today. “Tim is a strong addition to lead our government relations team,” said Ava Hahn, AMD senior vice president, general counsel and corporate secretary. “As high-performance and AI chips play an increasingly larger role in our daily lives over the coming years, Tim’s extensive public policy expertise and deep understanding of regulatory landscapes will play a critical role expanding our engagements with key stakeholders.” Keating has decades of experience, including more than 14 years at Boeing as executive vice president, Government Relations. Before Boeing, he was the senior vice president of Global Government Operations at Honeywell International and served as special assistant to the President of the United States and as staff director for White House Legislative Affairs. He also held several positions with the U.S. House of Representatives. Keating received a bachelor’s degree in political science from the University of Scranton and an honorary doctorate of business administration from the University of South Carolina. About AMD For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website , blog , LinkedIn and X pages. AMD, the AMD Arrow logo and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Contact: Brandi Martina AMD Communications (512) 705-1720 Brandi.martina@amd.com Mitch Haws AMD Investor Relations 512-944-0790 mitch.haws@amd.com

Wall Street is buzzing with anticipation as investors look toward a potential “Santa Rally,” the seasonal trend where stocks typically rise in the final days of December. Historically, during the window from December 24 to December 31, the S&P 500 has enjoyed gains in 64 out of the last 96 years, with an average uptick of 0.85%. Despite beginning the week with market optimism, prompted by hopes of recovering from the Federal Reserve’s caution on rate cuts in 2024, a wave of volatility on Friday has cast doubts over the rally’s sustainability. Investors remain cautious, balancing the Fed’s policy direction with uncertainties surrounding the incoming Trump administration’s economic initiatives. Looking ahead, 2024 is poised to be a landmark year. The S&P 500 is on pace to replicate the previous year’s 24% surge, forecasting a remarkable two-year gain of 55%, the strongest performance since 1999. U.S. stocks continue to outstrip global markets, bolstered by robust economic fundamentals. Palantir Technologies has commanded attention on the leaderboards, with an impressive 360% surge, surpassing Nvidia’s significant 175% gain. Analysts even draw comparisons to giants like Oracle. However, U.S. consumer confidence slipped in December, painting a concerning picture of future economic conditions. The decline in the expectations index signals vulnerabilities as 2025 approaches, fueled by fears of persistent inflation and high interest rates. In the automotive sector, GM’s Cadillac Lyriq has emerged as a standout in the luxury EV market, underscoring a shift towards high-margin, upscale electric vehicles. As market dynamics evolve, all eyes are on these critical developments shaping the economic landscape. Unveiling 2024 Market Trends: From Santa Rallies to Electric Luxuries As we edge into 2024, the financial markets and economic landscapes are set for significant developments, ushering in both opportunities and challenges for investors and businesses alike. Here’s a breakdown of key insights, trends, and predictions to watch. Significant Market Trends and Predictions The financial community is eagerly watching for a potential “Santa Rally” in the stock market, a phenomenon where equities experience a boost during the final days of December. Historically, the S&P 500 has seen gains in 64 of the past 96 years during this window. However, despite the optimism, recent market volatility raises questions about this year’s rally. Anticipating a landmark year, the S&P 500 is on course to replicate last year’s 24% surge, potentially culminating in a notable two-year gain of 55%. This performance would mark the strongest since 1999, driven by robust economic fundamentals in the United States. Notably, U.S. stocks have outperformed their global counterparts, reinforcing investor confidence. Impressive Growth of Tech and Automotive Giants Palantir Technologies has captured market attention with a staggering 360% price surge, surpassing Nvidia’s remarkable 175% increase. These numbers place Palantir alongside tech giants such as Oracle, showcasing its substantial growth and market influence. Turning to the automotive industry, GM’s Cadillac Lyriq has emerged as a leader in the luxury electric vehicle (EV) market. This highlights the industry’s shift towards high-margin, upscale electric options, reflecting evolving consumer preferences and technological advancements. Economic Concerns and Consumer Confidence While the stock market may be thriving, U.S. consumer confidence has seen a dip in December, raising concerns about future economic conditions. The decline in the expectations index suggests potential vulnerabilities, as fears of persistent inflation and high interest rates loom. Market Dynamics and Controversies The complex interplay of the Federal Reserve’s interest rate policies, geopolitical uncertainties, and evolving economic initiatives, particularly with the incoming administration, adds layers of complexity to market predictions. Investors must navigate these dynamics carefully to capitalize on opportunities without unwarranted risks. Insights into Sustainability and Innovations In sync with the growing demand for sustainable solutions, companies like GM bolster their EV offerings to align with eco-friendly trends. This transition not only meets regulatory requirements but also enhances brand positioning in an environment increasingly driven by sustainability. Conclusion As we navigate into 2024, a combination of robust stock market performances, technological advancements, and shifting consumer preferences sets the stage for an economically dynamic year. However, managing risks related to consumer sentiment and global economic uncertainties will be critical. For a deeper dive into market trends and innovations, visit the CNBC .

Manulife cautions investors regarding New York Stock and Bond LLC offer for shares

NoneMedtronic plc ( NYSE:MDT – Get Free Report ) shares fell 0% during trading on Thursday . The stock traded as low as $81.22 and last traded at $81.53. 509,463 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 6,238,044 shares. The stock had previously closed at $81.54. Analyst Ratings Changes A number of equities research analysts recently weighed in on the company. Sanford C. Bernstein raised their price objective on Medtronic from $96.00 to $97.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Truist Financial lowered their price target on shares of Medtronic from $93.00 to $89.00 and set a “hold” rating on the stock in a report on Wednesday, December 18th. Citigroup lifted their price objective on shares of Medtronic from $85.00 to $92.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 1st. Evercore ISI increased their target price on shares of Medtronic from $100.00 to $104.00 and gave the company an “outperform” rating in a research report on Tuesday, October 1st. Finally, Robert W. Baird cut their price target on shares of Medtronic from $96.00 to $93.00 and set a “neutral” rating on the stock in a report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Medtronic currently has a consensus rating of “Hold” and an average target price of $95.00. Get Our Latest Stock Analysis on MDT Medtronic Stock Down 1.1 % Medtronic ( NYSE:MDT – Get Free Report ) last posted its quarterly earnings results on Tuesday, November 19th. The medical technology company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.01. The company had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.27 billion. Medtronic had a net margin of 13.00% and a return on equity of 13.79%. Medtronic’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period last year, the firm posted $1.25 EPS. On average, equities analysts expect that Medtronic plc will post 5.45 earnings per share for the current year. Medtronic Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.47%. The ex-dividend date of this dividend is Friday, December 27th. Medtronic’s dividend payout ratio is currently 85.63%. Institutional Investors Weigh In On Medtronic Several hedge funds have recently bought and sold shares of MDT. Fortitude Family Office LLC purchased a new position in shares of Medtronic during the 3rd quarter valued at approximately $27,000. Highline Wealth Partners LLC purchased a new position in Medtronic in the third quarter valued at $27,000. Darwin Wealth Management LLC acquired a new position in shares of Medtronic in the third quarter worth about $27,000. J. Stern & Co. LLP purchased a new stake in shares of Medtronic during the 3rd quarter worth about $30,000. Finally, Chelsea Counsel Co. acquired a new stake in shares of Medtronic during the 3rd quarter valued at about $45,000. Hedge funds and other institutional investors own 82.06% of the company’s stock. About Medtronic ( Get Free Report ) Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. Recommended Stories Receive News & Ratings for Medtronic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medtronic and related companies with MarketBeat.com's FREE daily email newsletter .

adidas AG (OTCMKTS:ADDYY) Short Interest Down 20.2% in DecemberCHICAGO — In his first public remarks since last month’s election, former President Barack Obama on Thursday largely avoided direct mention of Donald Trump’s presidential victory and instead focused on the need for bridge-building and accommodation among a public whose sharp divisions have been sown in the Trump era. “You see, it’s easy to give democracy lip service when it delivers the outcomes we want. It’s when we don’t get what we want that our commitment to democracy is tested,” Obama said as he keynoted the third annual Obama Foundation Democracy Forum at a South Loop hotel. “And at this moment in history, when core democratic principles seem to be continuously under attack, when too many people around the world have become cynical and disengaged, now is precisely the time to ask ourselves tough questions about how we can build our democracies and make them work in meaningful and practical ways for ordinary people,” he said. During his speech, Obama did not mention Trump by name, his Republican successor in the 2016 election who retook the White House by defeating Vice President Kamala Harris on Nov. 5. And Obama’s talk was a far cry from the partisan attacks he leveled against Trump at the Democratic National Convention, the last time Obama was in Chicago for a public speaking engagement. At the convention in August, Obama ridiculed Trump and warned that his returning to the White House would lead to “four more years of bluster and bumbling and chaos.” But on Thursday, it was Obama the lecturer who spoke, echoing the forum’s theme of “pluralism” and calling for people to engage with others from differing viewpoints and backgrounds in order to help maintain democracy. During his speech, Obama acknowledged that in previewing to friends the forum’s planned subject matter he “got more than a few groans and eye rolls” since “as far as they were concerned, the election proved that democracy is pretty far down on people’s priorities.” “But as a citizen and part of a foundation that believes deeply in the promise of democracy — not only to recognize the dignity and the worth of every individual but to produce free and fair and more just societies — I cannot think of a better time to talk about it,” he said. “This idea that each of us has to show a level of forbearance toward those who don’t look or think or pray like us, that’s at the heart of democracy,” he said. “But it’s especially hard in big, multi-racial, multi-ethnic, multi-religious countries like the United States.” Obama noted that in America in the decades after World War II “democracy seemed to run relatively smoothly with frequent cooperation across party lines and what felt like a broad consensus about how interests were shared (and) differences should be settled.” “The biggest reason that American pluralism seemed to be working so well may have to do with what was left out,” he said, noting that even in 2004 when he was elected to the U.S. Senate he was its only Black member. “It’s fair to say that when everyone in Washington looked the same and shared the same experiences ... cutting deals and getting along was a whole lot simpler.” But starting with the rise of the Civil Rights movement in the 1960s, “historically marginalized Blacks, Latinos, Asians, Native Americans, women, gays and lesbians, disabled Americans demanded a seat at the table,” Obama said. “Not only did they insist on a fair share of government direct resources, but they brought with them new issues, more than their unique experiences, that could not just be resolved by giving them a bigger slice of the pie.” “In other words,” he said, “politics was not just a fight about tax rates or roads anymore. It was about more fundamental issues that went to the core of our being — how we expected society to structure itself.” Those issues, however, also opened the door to “politicians and party leaders and interest groups (who) take a maximalist position on almost every issue,” Obama said. “Every election becomes an act of mortal combat, which political opponents are enemies to be vanquished. Compromise is viewed as betrayal and total victory is the only acceptable outcome,” he said. “But since total victory is impossible in a country politically split down the middle, the result is a doom loop — gridlock, greater polarization, wilder rhetoric and a deepening conviction among partisans that the other side is breaking the rules and has rigged the game to tip it in their favor.” Obama, a former senior lecturer of constitutional law at the University of Chicago, has spoken frequently in his post-presidency of a need to restore civility and the need for compromise despite the nation’s political divisions. His comments Thursday took on an added dimension in the post-election climate given the history of Trump’s first term and the promises the president-elect made throughout the campaign. “I am convinced that if we want democracy, as we understand it, to survive, then we’re all going to have to work toward a renewed commitment to pluralist principles,” he said, adding that “it’s important to look for allies in unlikely places,” not “assume that people on the other side have monolithic views” and believe that they “may share our beliefs about sticking to the rules, observing norms.” The alternative is “an increasing willingness on the part of politicians and their followers to violate democratic norms, to do anything they can to get their way, to use the power of the state to target critics and journalists and political rivals and to even resort to violence in order to gain and hold onto power,” he said. “In those circumstances, pluralism does not call for us to just stand back and save our breath,” Obama said. “In those circumstances, a line has been crossed and we have to stand firm and speak out and organize and mobilize as forcefully as we can.” But, in nodding to the fact that such change can’t happen quickly, he also called a restoration of “habits and practices that so often we’ve lost, learning to trust each other,” is “a generational project.” Illinois Gov. JB Pritzker, a second-term Democrat who campaigned for Kamala Harris, reacts to the 2024 presidential election results during a media availability on Thursday, Nov. 7. Get Government & Politics updates in your inbox! Stay up-to-date on the latest in local and national government and political topics with our newsletter.

(Bloomberg) — Russia’s Gazprom PJSC will halt natural gas supplies to Moldova starting on Jan. 1 due to an alleged debt impasse amid a state of emergency in the Eastern European nation’s energy sector. The notification sent to Moldovagaz on Saturday said the company “regularly fails to fulfill its payment obligations under the existing contract, which is a significant breach of its terms,” the Russian gas giant said in statement on Telegram. Gas flows to Moldova will be reduced to zero from 8 a.m. Moscow time on Jan. 1, with the restriction remaining in force until Gazprom “notifies Moldovagaz in writing otherwise,” according to the statement. In the past two years, all of Moldova’s gas imports from Gazprom — equating to 5.7 million cubic meters a day — has been delivered to the nation’s pro-Russian breakaway region of Transnistria, which turns the fuel into electricity for the rest of the country. Gazprom’s decision “once again confirms the Kremlin’s intention to leave the residents of the Transnistrian region without electricity and heat in the middle of winter,” Moldova’s Prime Minister Dorin Recean said in a Facebook statement. “Russia uses energy as a political weapon, turning the people in the Transnistrian region, which it controls through its illegally stationed military forces, into hostages.” Moldova in November called on Western countries to provide financial support amid concerns Gazprom will cease supplies to Transnistria, which is dependent on Gazprom’s deliveries sent via Ukraine. That leaves pro-Russian region vulnerable as a transit deal between Russia and Ukraine expires at the end of the year and the leaders of both nations ruled out the renewal of the agreement. Earlier this week, Russian President Vladimir Putin cast further doubt on the likelihood of a deal to maintain flows via Ukraine. Gazprom is demanding $709 million for gas already supplied as well as late payment penalties. The Russian gas producer is a majority shareholder in Moldovagaz and Moldova’s government holds a 35% stake. Of that amount, the country recognizes about $8 million; its prime minister has called the debt claimed by Gazprom “non-existent.” Moldova’s government “will carefully analyze legal options, including resorting to international arbitration,” to protect its national interests and “seek compensation for the Kremlin’s decisions, which cause economic losses and impact the safety and security of the citizens of Moldova,” Recean said on Saturday. The Eastern European nation has diversified its natural gas supply sources to reduce dependence on a single supplier for the territory excluding Transnistria, according to Recean. Following Gazprom’s notification, Moldovagaz head Vadim Ceban said in a Telegram statement that the company “has contracted the necessary volumes of gas, which will fully ensure all consumption” of Moldova, excluding Transnistria, for the first quarter of 2025. Sergei Obolonik, self-proclaimed economy minister of Transnistria, said this week that the region’s main power plant will switch to coal if gas supplies dry up, and that they have reserves for about 50 days. —With assistance from Irina Vilcu. (Updates with Moldovan premier’s statement from fifth paragraph.)Buccaneers are back to .500 and in position to control their playoff hopes down the stretch

CapitaLand India Trust (OTCMKTS:ACNDF) Sees Large Decrease in Short InterestLewis: The Vail Valley’s secret Santa

Mid-inclination orbit provides more SAR-imaging opportunities at middle latitudes of the globe for ICEYE customers. HELSINKI, Finland , Dec. 21, 2024 /PRNewswire/ -- ICEYE, the global leader in SAR satellite operations for Earth Observation and persistent monitoring, announced today that it has launched two new satellites to its constellation of SAR satellites. Both satellites expand the availability of ICEYE's latest imaging technology to deliver additional 25 cm imaging capacity. The satellites were integrated via Exolaunch and launched as part of the Bandwagon-2 rideshare mission with SpaceX from Vandenberg Space Force Base in California, USA . Both satellites have established communication, and early routine operations are underway. With today's launch, ICEYE has successfully launched 40 satellites into orbit since 2018, with nine satellites launched in 2024 alone. The new SAR satellites were launched into mid-inclination orbits; compared to a polar orbit, these mid-inclination orbits provide more than twice the collection opportunities at middle latitudes of the globe. ICEYE customers have many areas of interest in these middle latitudes (+/- 45 degrees), and these customers will benefit from increased persistence over these regions. Customers with imaging interests outside these middle latitudes will continue to benefit from the frequent revisit enabled by ICEYE's dozens of satellites in polar orbits. ICEYE's unique mix of mid-inclination and polar orbits provides its customers with deep revisit capabilities for targets all around the globe. The new satellites will serve ICEYE's commercial missions as part of the world's largest SAR satellite constellation owned and operated by ICEYE. Rafal Modrzewski , CEO and Co-founder of ICEYE said: "This launch marks another significant milestone in ICEYE's ability to provide our customers with a rich diversity of collection opportunities. We bolster our industry-leading SAR constellation and expand our customers' collection opportunities in the areas most important to them." Today's launch is another step forward in ICEYE's steady drumbeat of innovative breakthroughs in Earth Observation. This year alone, ICEYE has, for example, introduced Dwell Precise, a new 25 cm imaging mode that offers its customers the highest-fidelity 25cm imaging capability, and adds advanced capability to ICEYE's line of Dwell products; launched an API that allows customers to directly task its SAR satellite constellation; and launched ICEYE Ocean Vision to provide actionable intelligence for maritime domain awareness. About ICEYE ICEYE delivers unparalleled persistent monitoring capabilities to detect and respond to changes in any location on Earth, faster and more accurately than ever before. Owning the world's largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, ensuring that customers have unmatched access to actionable high-quality data, day or night, even in challenging environmental conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development. ICEYE operates internationally with offices in Finland , Poland , Spain , the UK, Australia , Japan , UAE, Greece , and the US. We have more than 700 employees, inspired by the shared vision of improving life on Earth by becoming the global source of truth in Earth Observation. Media contact: press@iceye.com Visit www.iceye.com and follow ICEYE on LinkedIn and X for the latest updates and insights. View original content to download multimedia: https://www.prnewswire.com/news-releases/iceye-expands-its-earth-observation-capabilities-with-launch-of-two-sar-satellites-for-mid-inclination-orbit-on-the-bandwagon-2-mission-with-spacex-302337876.html SOURCE ICEYE

TGM MOURNS DEATH OF CO-FOUNDER AND MANAGING PRINCIPAL STEVEN C. MACY

Atalanta tops Serie A after late win over AC Milan while Inter goes 13 games unbeatenMTVA stock touches 52-week low at $2.04 amid market challenges