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Atlanta Probate Attorney Trace Brooks Releases Article Explaining the Probate Process in Atlanta, Georgia 11-21-2024 10:38 PM CET | Politics, Law & Society Press release from: ABNewswire Atlanta probate attorney Trace Brooks ( https://www.tracebrookslaw.com/atlanta-probate-lawyer/ ), of Trace Brooks Law, recently published an informative piece offering guidance for families tackling probate law in Atlanta and managing the process. Probate is often an essential but complex part of handling an estate after someone passes away. Probate helps ensure that the deceased's property is distributed to the appropriate beneficiaries, debts are resolved, and any potential disputes are handled according to Georgia law. For those in Atlanta facing the probate process, Trace Brooks emphasizes the importance of understanding probate's many stages and potential challenges. "Probate can be an emotionally challenging process," explains Atlanta probate attorney Trace Brooks, "but with guidance, we can help make it a manageable one. Our role is to help ensure that the deceased's assets are properly distributed, and that loved ones have the support they need every step of the way." According to Trace Brooks, the probate process begins with verifying the will's validity. When a valid will is in place, it names an executor, who is responsible for overseeing the distribution of the deceased's assets and fulfilling their wishes. Without a will, the process may become more complex, and Georgia's intestate succession laws are applied, which can add a layer of uncertainty. For those unfamiliar with probate law, Atlanta probate attorneys can assist executors and beneficiaries in understanding their rights and responsibilities, minimizing potential conflicts, and guiding them through each phase of the process. Probate typically starts with the executor or personal representative filing the necessary paperwork to open the estate with the court. Atlanta probate attorney Trace Brooks outlines the critical duties that follow this filing, which include notifying heirs, inventorying the assets, settling outstanding debts, and preparing for the distribution of assets to beneficiaries. If the deceased did not leave a will, the court would appoint an administrator, often a family member, to handle these tasks. According to Brooks, "With or without a will, Georgia law requires certain steps to be followed. Maintaining compliance is essential for both honoring the deceased's wishes and upholding the rights of the beneficiaries." In Atlanta, probate law requires that all interested parties-such as heirs and creditors-be formally notified of the probate proceedings. This step helps secure the interests of beneficiaries and allows creditors an opportunity to submit claims against the estate. The appointed executor or administrator is tasked with reviewing these claims and determining their validity before settling the estate's debts. Atlanta probate attorneys such as Trace Brooks can help executors manage these often-sensitive issues, meeting the financial obligations of the estate without unnecessary legal disputes or delays. When a dispute arises, such as questions over the validity of the will or disagreements among heirs, Atlanta probate attorney Trace Brooks advises mediation or court intervention to resolve the matter effectively. Disputes may arise due to ambiguity in the will's terms, varying interpretations among family members, or even challenges related to undue influence. "Resolving these disputes fairly and in a timely manner is a critical aspect of the probate process," Brooks states. "The probate court offers a structured environment for addressing these issues so that the estate can be settled according to the law." A unique aspect of probate in Georgia is that it requires the filing of state and federal tax returns if the estate's value meets certain thresholds. The role of the Atlanta probate attorney includes helping ensure that all financial obligations, such as income and estate taxes, are accurately calculated and submitted. This aspect of probate can be particularly complex for those unfamiliar with tax obligations, and seeking legal guidance can improve accuracy in handling these financial responsibilities. Proper management of taxes and expenses is vital in preventing potential liabilities for the estate's beneficiaries. Additionally, Trace Brooks advises that probate can be minimized or even bypassed through proactive estate planning measures, such as setting up trusts or using beneficiary designations for financial accounts and life insurance policies. Probate avoidance strategies, such as lifetime gifting or revocable living trusts, enable individuals to manage asset distribution outside of court. These approaches can simplify asset transfer upon death, reducing legal costs and administrative burdens for beneficiaries. Brooks notes that for Atlanta residents, such strategies can save time and resources, helping ensure that more of the estate reaches its intended recipients. The probate process, particularly for those new to it, can be a challenging endeavor. Atlanta probate attorney Trace Brooks emphasizes the importance of knowledgeable legal support, offering the resources and guidance necessary for executors, beneficiaries, and families to fulfill their roles and responsibilities without unnecessary stress or delay. "A structured approach to probate can help families manage this challenging time, allowing them to honor their loved one's wishes while meeting legal requirements," Brooks states. For individuals or families facing probate in Atlanta, consulting with an experienced probate attorney can help them handle the process with confidence. Probate law encompasses both administrative and legal challenges, and assistance from a qualified attorney can prevent mistakes, avoid costly delays, and help ensure that the probate process upholds Georgia's legal standards. About Trace Brooks Law: Trace Brooks Law is a law firm in Atlanta, GA, offering comprehensive probate and estate administration services. Led by experienced probate attorney Trace Brooks, the firm is committed to assisting clients in tackling Georgia probate law with compassionate guidance and attention to detail. Trace Brooks Law can handle a range of probate matters, including estate administration, asset management, and will validation, while also providing estate planning services to minimize probate. Embeds: Youtube Video: https://www.youtube.com/watch?v=3OeExv6QKSA GMB: https://www.google.com/maps?cid=16944830140697754407 Email and website Email: trace@tracebrookslaw.com Website: https://www.tracebrookslaw.com/ Media Contact Company Name: Trace Brooks Law Contact Person: Trace Brooks Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=atlanta-probate-attorney-trace-brooks-releases-article-explaining-the-probate-process-in-atlanta-georgia ] Phone: (404) 492-9559 Address:1275 Peachtree St NE #525 City: Atlanta State: Georgia 30309 Country: United States Website: https://www.tracebrookslaw.com/ This release was published on openPR.Jets take on the Wild in Central Division play
Empowered Funds LLC Grows Position in Lifetime Brands, Inc. (NASDAQ:LCUT)OTTAWA — Opposition MPs accused Canada’s Consul General in New York of lying to a Commons committee over the fact he’d raised concerns about his official residence as the government purchased a $9-million condo on Billionaires’ Row. Thursday, Consul General Tom Clark was grilled by opposition MPs at the Commons Government Operations committee over whether he did or didn’t influence Global Affair Canada’s (GAC) decision to purchase the new luxury official residence. In previous testimony, Clark had assured the committee that he had played no role in GAC’s decision to purchase a new official residence in New York City, arguing that the process had begun years previous and was well underway by the time he was appointed in February 2023. GAC claims that the new residence represents up to $7.4 million in savings for taxpayers, since it comes at a lower cost than the $13 million listing price of the current one and will eliminate spending $2.6 million in renovation costs and save $115,000 in annual operational fees. But in recent weeks, documents released via an access to information request to Politico and the National Post revealed an internal GAC email that noted “the (Consulate General New York) in April 2023 informed ... senior management that the property is not suitable for representational activities, and it is not suitable as a residence and requires immediate replacement.” Following that reporting, the committee re-summoned Clark to explain the apparent contradiction. Thursday, Conservatives charged the consul general with lying to committee and called on him to resign, while the NDP worried that he had tried to mislead MPs. “There are now multiple data points that didn’t come from admissions from you or your staff ... that revealed that you were involved, that your Champagne tastes weren’t being met,” charged Conservative MP Michael Barrett. “Why don’t you just come clean with this committee and Canadians admit you’ve lied, follow in Randy Boissonnault’s footsteps and resign,” added his colleague Kelly Block, referring to Boissonnault’s resignation from cabinet Wednesday due to shifting statements over ties to Indigenous heritage. During the meeting, Clark insisted that the new $9-million condo on New York City’s Billionaires’ Row is “smaller, it’s cheaper and it’s accessible” and that concerns he expressed about the former residence were not meant to “influence” the new purchase. In fact, he repeatedly stated that he had “nothing to do” with GAC’s decision to purchase that specific residence. but admitted that he had made “casual comments” in the office expressing concerns about the accessibility and reception space of the former residence. He said those had to do with the furniture not being useable for people with mobility or accessibility issues and the fact that “designated family space” in the old residence was limited to bedrooms while the remaining space was open to hosting and “representation.” “I did not talk to anybody about relocating,” he said, adding that his comments to colleagues “were never ever intended to try and sway anything.” “At no time did I ask that we change residences, and I think that’s an important point,” he continued. “This process has been going on for a long time ... I made no direct complaint to the process.” But his explanations did not sit well with NDP MP Alexandre Boulerice, who questioned why Clark had insisted in previous committee testimony that he had never spoken with anyone about the condo purchase. “Why were you so categorical in this committee ... that you hadn’t discussed with anyone about relocation?” he asked Clark, who was a longtime journalist before retiring and being appointed consul general to New York. “When you say ‘I did not ask’ ... for a move or a relocation, but then you make repeated comments to personnel that the residence isn’t appropriate, that the space isn’t suitable, that it isn’t good for family, that the furniture isn’t suitable, that there are accessibility issues, that can easily be interpreted as a desire to move,” he said. Clark answered that the process to relocate is “not in the hands” of the head of mission nor its staff but “entirely in the hands” of GAC headquarters in Ottawa. “But when you respond to a question by my colleagues that ‘I had spoken to no one about this,’ you understand that we as Parliamentarians and as a committee feel like you’ve tried to mislead us,” Boulerice responded. With additional reporting by Catherine Lévesque and Stephanie Taylor National Post cnardi@postmedia.com Get more deep-dive National Post political coverage and analysis in your inbox with the Political Hack newsletter, where Ottawa bureau chief Stuart Thomson and political analyst Tasha Kheiriddin get at what’s really going on behind the scenes on Parliament Hill every Wednesday and Friday, exclusively for subscribers. Sign up here . Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark nationalpost.com and sign up for our politics newsletter, First Reading, here . Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark nationalpost.com and sign up for our politics newsletter, First Reading, here .Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Liam Payne was laid to rest in a private ceremony yesterday, a month after his tragic death at just 31-years-old. Although the funeral wasn't open to the public, photos have emerged from outside St Mary's Church in Amersham, Buckinghamshire, where the service was held. Liam's family and his One Direction bandmates - Harry Styles , Zayn Malik, Louis Tomlinson and Niall Horan - were all in attendance. His ex-partner Cheryl, who was comforted by Girls Aloud members Nicola Roberts and Kimberley Walsh, also attended with her and Liam's seven year old son Bear, as did Kate Cassidy, Liam's girlfriend at the time of his death. Other notable attendees included X Factor and Britain's Got Talent judge Simon Cowell , Gavin and Stacey star James Corden, JLS singer Marvin Humes and his wife Rochelle, broadcaster Adrian Chiles and footballer Robbie Keane. Here's what we know about Liam's private funeral service, from Cheryl's heart-wrenching decision on whether to bring son Bear to Kate Cassidy likely meeting Liam's parents for the first time. It is believed that Cheryl played a significant role in planning the funeral alongside Liam's grieving parents, Geoff and Karen Payne. Despite expectations that the service would be held in his hometown of Wolverhampton, it actually took place at St Mary's Church in Amersham, Buckinghamshire. Liam's family were determined to give him a "perfect" send-off after his tragic passing in "such a horrible way". The funeral service was filled with personal touches that celebrated Liam's life, including candles and floral tributes, according to the Mirror, reports the Daily Record . One particularly touching tribute came from Liam's son Bear, with a card that simply read 'Daddy'. In a nod to one of Liam's passions, there was also a unique floral arrangement depicting bowling pins and a ball – a reference to the singer's love for bowling, having spent his 31st birthday enjoying the activity with his loved ones on August 29, just weeks before his untimely death. Kate Cassidy, who was Liam's girlfriend at the time of his death, attended the ceremony, which likely marked the first time she met his parents. The couple had been dating since October 2022. Kate arrived at the funeral with Damian Hurley, Elizabeth Hurley's son, who was believed to be her friend prior to her relationship with Liam. It's reported that Kate, who was with Liam in Buenos Aires, flew back home four days before he passed away following an ultimatum she gave him: 'it's me or the drugs'. Kate shared with her followers that she and Liam had planned to get married. She revealed on social media a note from Liam which read: 'Me and Kate to marry within a year/engaged and together forever 444' – a number often associated with love and support. Describing him as the 'love of my life', she posted on social media: "Liam, I know we'll be together forever, but not in the way that we planned. You'll always be with me. I've gained a guardian angel. I will love you for the rest of my life and beyond, carrying our dreams and memories with me wherever I go. Forever yours, Katelyn, 444." In a touching gesture to include their seven year old son Bear in saying goodbye, Cheryl decided to have him present at Liam's funeral. She grappled with whether it was the right decision, but in the end, she felt it was essential for Bear to partake in this final farewell with friends and family by his side. A source conveyed to MailOnline Cheryl's vow to keep Liam's memory alive for their son, explaining: "She [Cheryl] has her own grief, but she also has a little boy who won't see his daddy again, and that is just heartbreaking. While she and Liam split a long time ago, they were bonded over their love of Bear. Liam died in such a horrible way but the family wanted to remember him in the most perfect way possible." Cheryl took to Instagram to honour Liam with an emotional note, sharing her heartache: "As I try to navigate this earth shattering event, and work through my own grief at this indescribably painful time, I'd like to kindly remind everyone that we have lost a human being." She went on to say: "Liam was not only a pop star and celebrity, he was a son, a brother, an uncle, a dear friend and a father to our 7-year-old son. A son that now has to face the reality of never seeing his father again." OK! has reached out to Cheryl's representatives for comment.
LAS VEGAS — At the largest annual gathering of the basin’s water managers on Thursday, speakers invoked “Dr. Strangelove,” “The Hunger Games” and “Alice in Wonderland” to convey the dire, darkly dystopian and illusory state of the negotiations for how the Colorado River will be shared in the future. The seven representatives from the Upper Basin states (Colorado, New Mexico, Utah and Wyoming) and the Lower Basin states (California, Arizona and Nevada) are deadlocked in disagreement and for the first time in recent years did not appear on stage together at the Colorado River Water Users Association Conference at the Paris Hotel and Casino in Las Vegas. This year, representatives from the two basins had separate panels, underscoring their failure thus far to reach a consensus on how to share shortages and operate the nation’s two largest reservoirs, Lake Powell and Lake Mead, after 2026. Each took the opportunity to double down and reiterate their differing positions in competing proposals submitted to the U.S. Bureau of Reclamation in March. Lower Basin water managers say all seven states that use the Colorado River must share cuts under the driest conditions, while Upper Basin officials maintain they already take cuts in dry years because they are squeezed by climate change and shouldn’t have to share additional cuts because their states have never used the entire 7.5-million-acre-foot apportionment given to them by the Colorado River Compact. “In the Upper Basin, it’s the Hunger Games,” said Colorado’s top negotiator Becky Mitchell. “We are hungry all the time. There is never enough.” During their nine-month-long standoff, the two basins have not moved any closer to a consensus. Mitchell said she had expected the seven state representatives to have their customary meeting before the conference started. “I’ve been here since Monday thinking that we would be meeting all day Tuesday and that did not occur,” Mitchell told the Colorado delegation at a breakfast Thursday morning. “I am hopeful that we can still come together again to talk and work towards a mutually agreeable solution.” The current river management guidelines were developed in response to drought conditions in the first years of the 20th century and set shortage tiers based on reservoir levels that spell out which states in the Lower Basin will take cuts as levels fall. But these guidelines did not go far enough to protect reservoir levels from drought and climate change, and in 2022 Lake Powell flirted with falling below a critical elevation to make hydropower. Perhaps to spur the basin states toward a solution, in November, Reclamation released an outline of five potential paths forward, including a “No Action” alternative, which is unlikely to be chosen. None of the management options adopted either the Upper or Lower basin proposals, but instead include a “basin hybrid” that is a mash-up of elements from both. Carly Jerla, a senior program manager with Reclamation, gave an overview of each of the options Thursday and said the agency intends to publish a report with more detail on the alternatives by the end of the year. Maximum cuts could range from 2.1 million acre-feet to 4 million acre-feet and could be shared based strictly on the priority of who has the oldest rights or distributed proportionally across all seven states. Upper Basin officials said in a prepared statement that they cannot speak directly to Reclamation’s potential alternatives and need more information before they can analyze them. “The Upper Division States continue to stand firmly behind the concepts embodied in the Upper Division States’ Alternative, which performs best according to Reclamation’s own modeling and directly meets the purpose and need of the federal action,” the statement reads. Reclamation officially kicked off the post-2026 guidelines development process in June 2023 with a Notice of Intent. The current guidelines expire at the end of 2026 and new ones must be in place by August of that year, meaning water managers have just over a year and a half to complete the National Environmental Review Act process for implementing new management rules. “We have a year and a half left to identify a preferred alternative, put out a draft EIS, put out a final EIS, develop the implementation and adopt a record of decision,” Jerla said. “So we need to be moving as a basin a lot faster in the second half than we did in our first half.” On their panel, Lower Basin representatives gave an overview of their proposed alternative, plus their water conservation tallies over the past two decades, some of which were forced by the shortage agreements under the current guidelines. “We’re asking the Upper Basin to come with us to help further protect the river, but only in those really hot, dry (years),” said Tom Buschatzke, Arizona’s top negotiator. At this year’s conference, there was talk about the longtime elephant in the room, something Colorado River water managers have previously said they want to avoid at all costs: litigation over the Colorado River Compact. Upper Basin water managers believe that as long as they don’t use more than the 7.5 million acre-feet allocated to them, they will not violate the compact. But Lower Basin officials believe that regardless of the Upper Basin’s use, the upstream states could be subject to a compact call if they don’t deliver 7.5 million acre-feet a year. As river flows continue to decline due to climate change, the basin states could be inching closer to a compact call, which could force cuts on the Upper Basin. Buschatzke addressed his September request of Arizona Gov. Katie Hobbs to set aside $1 million for litigation in case of a compact call. “Compact compliance is out there, it is a potential issue,” Buschatzke said. “I have to do my due diligence for all potential outcomes.” But the principals remained committed to finding agreement among the seven states. Top Nevada negotiator John Entsminger said he wants the Upper Basin states to know he’s not looking for a fight. “I want everybody from the Upper Basin to hear from Nevada: We believe compromise is possible,” he said. “We think it’s the first, second and third best option. But we need a dance partner. So let’s get back to the table and make this happen.”
Israel, Lebanon agree to ceasefireMan City blows 3-goal lead and gets booed by fans in draw with Feyenoord in Champions League
AMMAN, Jordan — President Joe Biden on Tuesday announced Israel and Lebanon have reached a ceasefire agreement meant to pause fighting between Israel and the Iran-backed Hezbollah. The 14-month conflict has left more than 3,000 people dead. “Effective 4 a.m. tomorrow local time the fighting across the Lebanese-Israeli border will end. Will end,” Biden said from the White House. “This is designed to be a permanent cessation of hostilities. I applaud the courageous leaders of Lebanon and Israel end the violence.” Israeli Prime Minister Benjamin Netanyahu said earlier Tuesday he had recommended that this government approve the agreement. Though the deal does not involve the separate conflict in Gaza Strip, Biden administration officials said they hoped it would lead to an agreement to end fighting there, too. Even as the deal was finalized, Israeli warplanes launched a series of airstrikes across Lebanon, striking areas in the country’s southern and eastern regions, along with the suburbs of the capital — areas where Hezbollah holds sway. Several airstrikes also hit the heart of Beirut, killing at least 10 people, according to Lebanon’s Health Ministry. In a televised address on Tuesday evening local time, Netanyahu said he would present the outline of the proposal to the government, pushing his ministers to accept the move despite reservations from far-right leaders who are integral members of his coalition. “The length of the ceasefire will depend on what happens in Lebanon,” Netanyahu said. He added that Israel would maintain freedom to act against violations. “If Hezbollah breaks the agreement and seeks to arm itself, we will attack,” he said. The agreement would not immediately affect the fighting in Gaza Strip with the Palestinian militant group Hamas. Netanyahu pushed his ministers to accept the agreement, arguing it would allow Israel to focus its attention on the threat from Iran, give Israeli troops an opportunity to replenish their stocks and isolate Hamas. The agreement will initiate a 60-day truce that would see both sides withdraw: Israeli troops out of south Lebanon to Israeli territory, and Hezbollah to areas north of the Litani River, some 18 miles north of the Lebanese-Israeli border. During the truce, a monitoring mechanism would be established that would ensure Hezbollah is not able to reconstitute itself or wage attacks on Israel from southern Lebanon. A U.S.-led committee would oversee implementation of the withdrawal. Lebanese officials say some 5,000 soldiers from Lebanon’s army — which has remained neutral during the conflict — would then enter south Lebanon, along with U.N. peacekeeping forces. Lebanon’s caretaker government is set to meet Wednesday morning to discuss the proposal; it is widely expected to be approved. Despite the optimism, many elements of the ceasefire proposal — which came about after vigorous negotiations brokered by the U.S. and France — remain unclear. One of the larger sticking points is whether Israel would be able to continue striking Hezbollah throughout Lebanon if the group attempts to reestablish a presence south of the Litani River, or if it continues to wage attacks on Israel or smuggle weapons. Israeli Defense Minister Israel Katz told the U.N.’s Lebanon envoy Jeanine Hennis-Plasschaert on Tuesday that Israel would act “forcefully” against any breach of the ceasefire agreement. “If you do not act, we will do it, forcefully,” Katz said in a statement. “Any house rebuilt in south Lebanon and used as a terrorist base will be destroyed, any rearming or terrorist organization will be attacked, any attempt at transferring arms will be foiled, and any threat against our forces or our citizens will be immediately eliminated.” Lebanese leaders have dismissed such an agreement as an unacceptable breach of Lebanon’s sovereignty. The ceasefire would officially be an agreement between Israel and Lebanon. It includes a Lebanese lawmaker who has been negotiating on Hezbollah’s behalf. But Hezbollah, a paramilitary faction and political party which is backed by Iran, is not officially a party to the agreement. Another question is the fate of Hezbollah’s weapons. Before the war, the group was considered one of the world’s premier paramilitary factions, with an arsenal more powerful than that of the Lebanese army. The ceasefire agreement, which is based on a U.N. resolution that established a ceasefire in the 2006 war between Hezbollah and Israel, has provisions that would force the group to surrender its arms. A ceasefire would end a 13-month conflict that began a day after Hamas attacked southern Israel, when Hezbollah initiated a rocket campaign in northern Israel in solidarity with Palestinians in Gaza. In the months of tit-for-tat strikes that followed, some 60,000 people from northern Israel and approximately 100,000 Lebanese from southern Lebanon were displaced. In September, Israel escalated its attacks, conducting thousands of airstrikes on Hezbollah-dominated parts of the country and starting an invasion that saw Israeli troops enter southern Lebanon for the first time since 2006. It also assassinated Hezbollah chief Hassan Nasrallah . Since Oct. 8, 2023, more than 3,823 people have been killed in Lebanon and 15,859 injured, according to Lebanese government data, the majority of them in the last two months. More than 25% of those killed were women and children, according to the government data, which do not distinguish between civilians and combatants. Meanwhile, some 1.2 million people — almost a quarter of Lebanon’s population — have been displaced, with wide swaths of the country destroyed. The Israeli government said on Tuesday that 78 Israelis have been killed in attacks by Hezbollah and its allies, including 47 civilians. Even as senior Israeli ministers were meeting at Israeli military headquarters in Tel Aviv, Israeli warplanes launched some 180 airstrikes across the country, according to a statement from Israel’s military. It issued evacuation warnings for some cities. The military said it was targeting Hezbollah’s infrastructure, including the group’s financial arm. Among the targets were four neighborhoods of central Beirut with which had previously been spared from the fighting. One raid hit Hamra, a popular shopping district in the capital which in recent months has become a sanctuary for hundreds of thousands displaced from the Dahieh, the constellation of suburbs south of Beirut where many of Hezbollah’s offices are headquartered. The Dahieh too was pounded by an intense barrage of more than 20 airstrikes, leaving the area obscured by a curtain of smoke and rocking buildings in adjacent neighborhoods. “The hysterical Israeli aggression this evening on Beirut and various Lebanese regions, which specifically targets civilians, confirms once again that the Israeli enemy does not respect any law or consideration,” said Lebanese caretaker Prime Minister Najib Mikati in a statement on Tuesday. He called on the international community “to act quickly to stop this aggression and implement an immediate ceasefire.” Meanwhile, Hezbollah continued its barrage against northern Israel, lobbing dozens of projectiles across the border. ©2024 Los Angeles Times. Visit at latimes.com . Distributed by Tribune Content Agency, LLC.
TORONTO: Wall Street stocks, led by S&P 500 and the Nasdaq, ended higher on Tuesday, as technology stocks rebounded, while investors digested President-elect Donald Trump's tariff pledges on top trade partners and the latest minutes from the Federal Reserve. US short-term interest-rate futures pared earlier losses after the Fed's latest minutes showed officials appeared divided over how much further they may need to cut interest rates. The minutes of the Nov. 6-7 meeting also showed the group agreed this was a moment to avoid giving much concrete guidance about how US monetary policy is likely to evolve in the weeks ahead. "The minutes did nothing to alter my view that the policy rate is going to be adjusted lower next week and will continue to do so through the next calendar year," said Jamie Cox, managing partner for Harris Financial Group. Other analysts were more cautious. Paul Ashworth, chief North America economist for Capital Economics, noted that he still expects another 25 basis-point cut, but cautioned such decisions are data-dependent and therefore November’s employment and inflation data will be pivotal In a development overnight, Trump said he would impose a 25% conditional tariff on Canadian and Mexican imports that could violate a free-trade deal he negotiated during his previous term. He also outlined "an additional 10% tariff, above any additional tariffs" on imports from China, raising the risk of trade wars. Automakers Ford and General Motors both dropped on the news as they have highly integrated supply chains across Mexico, the US and Canada. GM shares plunged nearly 9%. "The concern is that some products are going to become more costly and that will mean revenue for those companies that are possibly manufacturing those goods overseas is going to decline," said Robert Pavlik, senior portfolio manager at Dakota Wealth. "It's a lot of back-and-forth right now because investors are trying to position themselves for January and the days after and they're not really sure." The Dow Jones Industrial Average rose 123.74 points, or 0.28%, to 44,860.31, the S&P 500 gained 34.26 points, or 0.57%, to 6,021.63 and the Nasdaq Composite gained 119.46 points, or 0.63%, to 19,174.30. Gains in megacaps such as Microsoft and Apple boosted the information technology sector and the tech-heavy Nasdaq. Microsoft shares rose a little over 2%. Wells Fargo rose 0.6%, standing out among sluggish banking stocks, after Reuters reported, citing sources, that the bank is in the last stages of a process to pass regulatory tests to lift a US$1.95 trillion asset cap next year after fixing problems from its scandal over fake accounts. The blue-chip Dow was weighed down by declines in Amgen , which slid about 4.8% after its experimental obesity drug fell short of expectations. The S&P 500 touched a record high on Monday and logged its sixth-straight session of gains, while the Russell 2000 also scaled an all-time high after three years. On the day, the small-cap index fell 0.7%. Among others, Eli Lilly rose 4.6% after US President Joe Biden proposed expanding Medicare and Medicaid coverage for anti-obesity drugs. Declining issues outnumbered advancers by a 1.57-to-1 ratio on the NYSE. There were 358 new highs and 52 new lows on the NYSE. The S&P 500 posted 63 new 52-week highs and 3 new lows while the Nasdaq Composite recorded 124 new highs and 91 new lows. — ReutersChesapeake Utilities ( NYSE:CPK – Get Free Report ) had its price target lifted by equities research analysts at Guggenheim from $118.00 to $129.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the utilities provider’s stock. Guggenheim’s price objective points to a potential downside of 2.51% from the company’s current price. Several other analysts have also recently commented on CPK. StockNews.com upgraded Chesapeake Utilities from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Barclays boosted their target price on shares of Chesapeake Utilities from $118.00 to $124.00 and gave the stock an “equal weight” rating in a research note on Monday, October 7th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $123.00. Get Our Latest Analysis on Chesapeake Utilities Chesapeake Utilities Stock Performance Hedge Funds Weigh In On Chesapeake Utilities Large investors have recently bought and sold shares of the business. Wedge Capital Management L L P NC raised its position in shares of Chesapeake Utilities by 33.7% during the 2nd quarter. Wedge Capital Management L L P NC now owns 57,163 shares of the utilities provider’s stock valued at $6,071,000 after acquiring an additional 14,417 shares during the last quarter. Boston Trust Walden Corp lifted its stake in Chesapeake Utilities by 76.1% in the second quarter. Boston Trust Walden Corp now owns 274,405 shares of the utilities provider’s stock valued at $29,142,000 after buying an additional 118,561 shares during the period. UniSuper Management Pty Ltd bought a new position in Chesapeake Utilities during the first quarter worth about $583,000. Vanguard Group Inc. increased its stake in shares of Chesapeake Utilities by 6.8% in the 1st quarter. Vanguard Group Inc. now owns 1,859,001 shares of the utilities provider’s stock valued at $199,471,000 after acquiring an additional 118,878 shares during the last quarter. Finally, Janus Henderson Group PLC raised its position in shares of Chesapeake Utilities by 61.5% in the 1st quarter. Janus Henderson Group PLC now owns 275,204 shares of the utilities provider’s stock valued at $29,529,000 after acquiring an additional 104,850 shares during the period. 83.11% of the stock is currently owned by institutional investors and hedge funds. About Chesapeake Utilities ( Get Free Report ) Chesapeake Utilities Corporation operates as an energy delivery company. The company operates through two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida; and regulated electric distribution in northeast and northwest Florida. Further Reading Receive News & Ratings for Chesapeake Utilities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesapeake Utilities and related companies with MarketBeat.com's FREE daily email newsletter .
NewAmsterdam Pharma ( NASDAQ:NAMS – Get Free Report ) ‘s stock had its “buy” rating reiterated by investment analysts at Needham & Company LLC in a research report issued on Thursday, Benzinga reports. They presently have a $36.00 target price on the stock. Needham & Company LLC’s price objective would indicate a potential upside of 78.22% from the company’s previous close. A number of other research firms also recently issued reports on NAMS. Piper Sandler reiterated an “overweight” rating and issued a $37.00 price objective on shares of NewAmsterdam Pharma in a report on Monday, September 23rd. Royal Bank of Canada reissued an “outperform” rating and set a $31.00 price target on shares of NewAmsterdam Pharma in a research report on Thursday, September 5th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $33.80. View Our Latest Stock Analysis on NewAmsterdam Pharma NewAmsterdam Pharma Price Performance Insider Transactions at NewAmsterdam Pharma In other news, major shareholder Nap B.V. Forgrowth sold 33,273 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $25.08, for a total value of $834,486.84. Following the transaction, the insider now owns 11,778,760 shares in the company, valued at approximately $295,411,300.80. This represents a 0.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link . Also, CAO Louise Frederika Kooij sold 45,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $15.72, for a total transaction of $707,400.00. The disclosure for this sale can be found here . Over the last three months, insiders have sold 86,803 shares of company stock valued at $1,755,307. Insiders own 19.50% of the company’s stock. Institutional Investors Weigh In On NewAmsterdam Pharma Institutional investors have recently modified their holdings of the business. Banque Cantonale Vaudoise bought a new position in NewAmsterdam Pharma during the 2nd quarter valued at about $38,000. Quarry LP lifted its position in NewAmsterdam Pharma by 2,469.2% during the third quarter. Quarry LP now owns 6,500 shares of the company’s stock valued at $108,000 after purchasing an additional 6,247 shares during the period. Barclays PLC boosted its holdings in NewAmsterdam Pharma by 1,813.4% in the third quarter. Barclays PLC now owns 7,596 shares of the company’s stock worth $126,000 after purchasing an additional 7,199 shares during the last quarter. Bellevue Group AG purchased a new stake in NewAmsterdam Pharma in the third quarter worth approximately $128,000. Finally, XTX Topco Ltd bought a new stake in NewAmsterdam Pharma in the 3rd quarter worth approximately $187,000. 89.89% of the stock is owned by hedge funds and other institutional investors. About NewAmsterdam Pharma ( Get Free Report ) NewAmsterdam Pharma Company N.V., a late-stage biopharmaceutical company, develops therapies to enhance patient care in populations with metabolic disease. It is developing obicetrapib, an oral low-dose cholesteryl ester transfer protein (CETP) inhibitor, that is in various clinical trials as a monotherapy and a combination therapy with ezetimibe for lowering LDL-C for cardiovascular diseases. Featured Articles Receive News & Ratings for NewAmsterdam Pharma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewAmsterdam Pharma and related companies with MarketBeat.com's FREE daily email newsletter .
Ian Schieffelin, Clemson topple Penn State to win Sunshine Slam
Cowa LLC increased its position in Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 71.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,059 shares of the information services provider’s stock after buying an additional 2,102 shares during the period. Cowa LLC’s holdings in Alphabet were worth $839,000 at the end of the most recent quarter. A number of other institutional investors have also bought and sold shares of the business. Christopher J. Hasenberg Inc lifted its holdings in shares of Alphabet by 75.0% in the second quarter. Christopher J. Hasenberg Inc now owns 140 shares of the information services provider’s stock worth $26,000 after buying an additional 60 shares in the last quarter. Kings Path Partners LLC purchased a new position in Alphabet during the second quarter valued at $36,000. Denver PWM LLC bought a new stake in Alphabet in the 2nd quarter valued at $41,000. Quarry LP purchased a new stake in Alphabet in the 2nd quarter worth $53,000. Finally, Summit Securities Group LLC bought a new position in shares of Alphabet during the 2nd quarter valued at about $55,000. Hedge funds and other institutional investors own 40.03% of the company’s stock. Alphabet Price Performance NASDAQ GOOGL opened at $164.76 on Friday. The firm’s fifty day simple moving average is $167.64 and its two-hundred day simple moving average is $170.36. The firm has a market capitalization of $2.02 trillion, a P/E ratio of 21.85, a P/E/G ratio of 1.27 and a beta of 1.03. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.04. Alphabet Inc. has a 12-month low of $127.90 and a 12-month high of $191.75. Alphabet Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 9th will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, December 9th. This represents a $0.80 annualized dividend and a dividend yield of 0.49%. Alphabet’s dividend payout ratio (DPR) is currently 10.61%. Analyst Ratings Changes A number of research firms recently commented on GOOGL. BMO Capital Markets reiterated an “outperform” rating and issued a $217.00 target price (up from $215.00) on shares of Alphabet in a research report on Wednesday, October 30th. Scotiabank raised Alphabet to a “strong-buy” rating in a report on Friday, October 11th. KeyCorp raised their target price on shares of Alphabet from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Bank of America upped their price target on shares of Alphabet from $206.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, Morgan Stanley lifted their price objective on shares of Alphabet from $190.00 to $205.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Seven research analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and five have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $205.90. Check Out Our Latest Report on Alphabet Insider Activity at Alphabet In other news, CEO Sundar Pichai sold 22,500 shares of the business’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $158.68, for a total transaction of $3,570,300.00. Following the sale, the chief executive officer now directly owns 2,137,385 shares of the company’s stock, valued at $339,160,251.80. The trade was a 1.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, CAO Amie Thuener O’toole sold 682 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $160.44, for a total value of $109,420.08. Following the completion of the transaction, the chief accounting officer now owns 32,017 shares of the company’s stock, valued at $5,136,807.48. This trade represents a 2.09 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 206,795 shares of company stock valued at $34,673,866 in the last three months. 11.55% of the stock is owned by insiders. About Alphabet ( Free Report ) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Read More Five stocks we like better than Alphabet When to Sell a Stock for Profit or Loss Tesla Investors Continue to Profit From the Trump Trade How to Invest in Biotech Stocks MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally 3 Best Fintech Stocks for a Portfolio Boost Netflix Ventures Into Live Sports, Driving Stock Momentum Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter .Germany's Alternative for Germany (AfD) will nominate on Saturday its first chancellor candidate in its 11-year history ahead of a snap election set for February as the far-right party increasingly sets its sights on power. The party, which ranks second in opinion polls behind the main opposition conservatives but well ahead of Chancellor Olaf Scholz's Social Democrats, is expected to nominate co-leader Alice Weidel as chancellor candidate. The AFD, which authorities suspect of pursuing anti-democratic goals, is not likely to form part of a governing coalition any time soon given other parties have ruled out working with it. But the AfD's electoral successes are increasing pressure on the conservatives in particular to drop their firewall with the party and consider a right-wing coalition, especially given the weakness of their erstwhile traditional partner, the neoliberal Free Democrats (FDP). Far-right parties have gained traction across Europe in recent years, also coming to power in Italy, Sweden, the Netherlands and Finland. "There is a claim to power to assert and the best way to do that is to nominate a chancellor candidate," said Hans Vorlaender, political scientist at Dresden's Technical University. "It also gives you the opportunity to be present in the media because there are always debates held between the so-called chancellor candidates." Long dismissed as a protest party, the AfD is also seeking to establish itself more as a "normal party", said Stefan Marschall, political scientist at the University of Duesseldorf. UNLIKELY CANDIDATE Weidel, 45, who has co-led the party since 2022, is an unlikely public face for a male-dominated, anti-immigration party that depicts itself as a defender of traditional family values and ordinary German working people. She is raising two sons with a Sri Lankan-born woman, a filmmaker, and speaks fluent Mandarin, having done her PhD in economics in China. She worked for Goldman Sachs and Allianz Global Investors and as a freelance business consultant before entering politics. Weidel's unusual profile, however, is precisely what makes her an asset to the AfD, according to political analysts who say she is more likely to appeal to more moderate Germans who would normally shun a far-right party. In recent years the AfD has tapped into voter worries about high levels of immigration, a possible escalation of the Ukraine war and the crisis of Germany's economic model as well as frustration with infighting within the ruling coalition, which fell apart last month. The party wants to sharply curb immigration, particularly from Muslim countries, end arms deliveries to Ukraine, rebuild relations with Russia, turn the nuclear power plants back on and exit the European Union unless it carries out major reforms. It has earned credibility with some voters for openly addressing hot-button topics before mainstream parties did. The party came first in two state elections in September, despite mass anti-AfD protests and a string of scandals which included a senior figure declaring that the SS, the Nazis' main paramilitary force, were "not all criminals". A survey by pollster Wahlen published on Friday put the AfD on 17%, behind the conservatives on 33%, but ahead of the SPD on 15% and the Greens on 14%. The conservatives, the SPD and Greens all have chancellor candidates. Membership of the AfD has swelled by 50% to around 50,600 over the past year, the party's spokesman said, though it is a fraction (some 14%) of the membership of Germany's big tent parties, the CDU/CSU conservative bloc and the SPD. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
NonePISCATAWAY, N.J. (AP) — Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild 38-31 victory over Rutgers on Saturday. Illinois (8-3, 5-3 Big Ten) was down 31-30 when it sent long kicker Ethan Moczulski out for a desperation 58-yard field goal with 14 seconds to go. Rutgers coach Greg Schiano then called for a timeout right before Moczulski’s attempt was wide left and about 15 yards short. After the missed field goal was waved off by the timeout, Illinois coach Bret Bielema sent his offense back on the field. Altmyer hit Bryant on an in cut on the left side at the 22, and he continued across the field and scored untouched in a game that featured three lead changes in the final 3:07. Rutgers (6-5, 3-5) gave up a safety on the final kickoff return, throwing a ball out of bounds in the end zone as players passed it around hoping for a miracle touchdown. Altmyer was 12-of-26 passing for 249 yards and two touchdowns. Bryant finished with seven receptions for 197 yards. Altmeyer put Illinois in front with a 30-yard TD run with 3:07 to go. He passed to Josh McCray on the 2-point conversion, making it 30-24. Rutgers responded with a 10-play, 65-yard drive. Athan Kaliakmanis had a 15-yard run on fourth down. He passed to running back Kyle Manangai for a 13-yard TD with 1:08 remaining. Illinois then drove 75 yards in eight plays for the unexpected win. Kaliakmanis was 18 for 36 for 174 yards and two touchdowns. He also had 13 carries for 84 yards and two TDs. Monangai had a career-high 28 carries for 122 yards. Kaliakmanis found Ian Strong for a 2-yard touchdown in the final seconds of the first half, and he scored on a 1-yard run to lift Rutgers to a 24-15 lead early in the fourth quarter. Illinois responded with Aidan Laughery’s 8-yard TD run, setting up the roller-coaster finish. The start of the second half was delayed because of a scrum between the teams. There were no punches thrown and the officials called penalties on both schools. Monangai become the third player in Rutgers history to rush for 3,000 yards when he picked up 4 on a third-and-1 carry early in the second quarter. The defending conference rushing champion joins Ray Rice and Terrell Willis in hitting the mark. Illinois: The great finish keeps the Illini in line for its first nine-win season since 2007 and a prestigious bowl game this season. Rutgers: The Scarlet Knights were seconds away from their first in-conference three-game win streak since joining the Big Ten in 2014. Illinois: At Northwestern next Saturday. Rutgers: At Michigan State next Saturday. AP college football: https://apnews.com/hub/college-football and https://apnews.com/hub/ap-top-25-college-football-poll Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Man City blows 3-goal lead and gets booed by fans in draw with Feyenoord in Champions League
GSA Capital Partners LLP Buys Shares of 1,958 FTAI Aviation Ltd. (NYSE:FTAI)Natixis Advisors LLC reduced its stake in shares of Aramark ( NYSE:ARMK – Free Report ) by 18.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 111,136 shares of the company’s stock after selling 24,496 shares during the period. Natixis Advisors LLC’s holdings in Aramark were worth $4,304,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. CIBC Asset Management Inc raised its holdings in shares of Aramark by 3.6% in the third quarter. CIBC Asset Management Inc now owns 7,621 shares of the company’s stock worth $295,000 after acquiring an additional 265 shares during the last quarter. Huntington National Bank raised its stake in Aramark by 100.3% in the 3rd quarter. Huntington National Bank now owns 681 shares of the company’s stock valued at $26,000 after purchasing an additional 341 shares during the last quarter. KBC Group NV lifted its holdings in Aramark by 18.3% in the 3rd quarter. KBC Group NV now owns 6,878 shares of the company’s stock valued at $266,000 after purchasing an additional 1,064 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Aramark by 25.8% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 11,733 shares of the company’s stock worth $454,000 after purchasing an additional 2,406 shares during the last quarter. Finally, GSA Capital Partners LLP grew its holdings in shares of Aramark by 24.1% during the third quarter. GSA Capital Partners LLP now owns 35,227 shares of the company’s stock worth $1,364,000 after buying an additional 6,837 shares in the last quarter. Wall Street Analysts Forecast Growth ARMK has been the topic of several recent analyst reports. UBS Group upped their price objective on shares of Aramark from $40.00 to $44.00 and gave the company a “buy” rating in a research note on Tuesday, October 8th. Truist Financial increased their price target on Aramark from $42.00 to $46.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Morgan Stanley lifted their price objective on Aramark from $38.00 to $40.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 12th. Stifel Nicolaus increased their target price on Aramark from $43.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Finally, Royal Bank of Canada upgraded Aramark from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from $36.00 to $42.50 in a report on Tuesday, September 17th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $42.23. Aramark Stock Performance Aramark stock opened at $40.86 on Friday. The company has a market cap of $10.78 billion, a price-to-earnings ratio of 41.27 and a beta of 1.62. Aramark has a 12 month low of $26.58 and a 12 month high of $42.04. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.81 and a quick ratio of 0.72. The stock’s 50-day moving average is $38.39 and its 200-day moving average is $35.50. Aramark ( NYSE:ARMK – Get Free Report ) last posted its quarterly earnings results on Monday, November 11th. The company reported $0.54 EPS for the quarter, meeting the consensus estimate of $0.54. Aramark had a net margin of 1.51% and a return on equity of 14.06%. The firm had revenue of $4.42 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same quarter last year, the firm posted $0.64 earnings per share. Aramark’s revenue for the quarter was up 5.2% compared to the same quarter last year. Equities analysts anticipate that Aramark will post 1.92 earnings per share for the current year. Aramark Cuts Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Monday, December 2nd will be issued a dividend of $0.001 per share. The ex-dividend date is Monday, December 2nd. This represents a $0.00 annualized dividend and a dividend yield of 0.01%. Aramark’s payout ratio is 38.38%. Aramark Profile ( Free Report ) Aramark provides food and facilities services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through two segments, Food and Support Services United States, and Food and Support Services International. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical food and food-related support services, such as patient food and nutrition, retail food, environmental services, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services. Recommended Stories Want to see what other hedge funds are holding ARMK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aramark ( NYSE:ARMK – Free Report ). Receive News & Ratings for Aramark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aramark and related companies with MarketBeat.com's FREE daily email newsletter .
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