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Empowered Funds LLC increased its position in shares of Xylem Inc. ( NYSE:XYL – Free Report ) by 4.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,875 shares of the industrial products company’s stock after acquiring an additional 188 shares during the period. Empowered Funds LLC’s holdings in Xylem were worth $658,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors also recently bought and sold shares of XYL. Empirical Finance LLC boosted its stake in shares of Xylem by 2.9% in the third quarter. Empirical Finance LLC now owns 7,299 shares of the industrial products company’s stock valued at $986,000 after purchasing an additional 207 shares during the period. Sheaff Brock Investment Advisors LLC boosted its position in Xylem by 11.4% in the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 2,735 shares of the industrial products company’s stock valued at $369,000 after buying an additional 279 shares during the period. CIBC Asset Management Inc increased its position in shares of Xylem by 8.5% during the third quarter. CIBC Asset Management Inc now owns 35,420 shares of the industrial products company’s stock worth $4,783,000 after acquiring an additional 2,771 shares during the period. Sycomore Asset Management raised its stake in shares of Xylem by 6.9% in the third quarter. Sycomore Asset Management now owns 25,939 shares of the industrial products company’s stock valued at $3,479,000 after acquiring an additional 1,673 shares in the last quarter. Finally, ING Groep NV boosted its holdings in Xylem by 220.3% in the third quarter. ING Groep NV now owns 104,485 shares of the industrial products company’s stock valued at $14,109,000 after purchasing an additional 71,861 shares during the period. 87.96% of the stock is currently owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades Several equities research analysts have weighed in on the company. Stifel Nicolaus upped their price target on Xylem from $170.00 to $172.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Royal Bank of Canada dropped their price objective on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. UBS Group assumed coverage on shares of Xylem in a research report on Tuesday, August 13th. They set a “buy” rating and a $165.00 price objective for the company. TD Cowen lowered their target price on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research note on Wednesday, November 6th. Finally, Robert W. Baird cut their price target on Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $149.64. Xylem Price Performance Xylem stock opened at $126.87 on Friday. The firm has a market capitalization of $30.82 billion, a PE ratio of 37.10, a P/E/G ratio of 2.31 and a beta of 1.05. Xylem Inc. has a 52 week low of $102.42 and a 52 week high of $146.08. The firm’s 50-day simple moving average is $130.14 and its 200 day simple moving average is $134.27. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 0.19. Xylem ( NYSE:XYL – Get Free Report ) last issued its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.11. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.17 billion. During the same period last year, the company posted $0.99 EPS. The company’s revenue was up .2% on a year-over-year basis. On average, equities research analysts predict that Xylem Inc. will post 4.23 EPS for the current fiscal year. Xylem Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th will be given a $0.36 dividend. The ex-dividend date is Tuesday, November 26th. This represents a $1.44 annualized dividend and a dividend yield of 1.14%. Xylem’s dividend payout ratio is currently 42.11%. Xylem Company Profile ( Free Report ) Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands. See Also Five stocks we like better than Xylem How to Use the MarketBeat Stock Screener Vertiv’s Cool Tech Makes Its Stock Red-Hot What Are Growth Stocks and Investing in Them MarketBeat Week in Review – 11/18 – 11/22 How to Calculate Inflation Rate 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Xylem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xylem and related companies with MarketBeat.com's FREE daily email newsletter .
Gophers coach P.J. Fleck explains trick play call on game-defining drive in Penn State lossProsecutors play undercover recordings of Madigan at former speaker’s corruption trial
NEW DELHI: The food processing industry is expected to double in size by 2025-26, driving hiring in the fast-moving consumer goods (FMCG) sector. A report by TeamLease EdTech shows that hiring intent for freshers increased to 32 per cent in the second half of 2024, compared to 27 per cent in the first half of the year. The growth in hiring is linked to the expansion of the food processing industry, which is projected to grow from $ 263 billion in 2019-20 to $ 535 billion by 2025-26, with an annual growth rate of 12.6 per cent. IPL 2025 mega auction IPL Auction Live: Pant, Iyer, Arshdeep enter in marquee list CSK need Dhoni; Gaikwad still new to captaincy - says Raina How and where to watch Indian Premier League mega auction This growth has enabled deeper penetration into rural and semi-urban markets. The report highlights that key product segments including dairy, RTE foods, frozen meat, and snacks are generating employment opportunities, particularly in supply chain and market research sectors. "The rise in demand for fresh talent in FMCG can clearly be attributed to deeper expansion in rural and semi-urban markets, fueled by the rapid growth of India's food processing industry," Shantanu Rooj, founder and CEO, TeamLease Edtech, was quoted as saying by news agency ANI. The report also highlights that FMCG companies are focusing on hiring freshers with expertise in market insights, retail distribution, and regional consumer behavior to support their expansion into untapped markets. Specific job roles are seeing high hiring intent in various cities. Food engineers have a hiring intent of 41 per cent in Bengaluru, logistics coordinators 39 per cent in Delhi, supply and distribution chain positions 37 per cent in Hyderabad, and brand management trainees 34 per cent in Bengaluru. The survey was conducted across 526 small, medium, and large companies in 18 industries and covered 14 geographical areas, including metros, tier-1, and tier-2 cities. Ready to Master Stock Valuation? ET's Workshop is just around the corner!
Identifying 'nucleus' of players among goals for Mizzou men's hoops' upcoming nonconference gamesOnline child exploitation spiked during lockdowns. Police worry it’s here to stay(The Center Square) – Prosecutors introduced secretly recorded audio and video along with a troubled star witness at the public corruption trial of former Illinois House Speaker Michael Madigan. Former Chicago Alderman Daniel Solis returned to the Everett McKinley U.S. Courthouse Monday. Solis is facing one federal count of bribery under a deferred prosecution agreement. The ex-alderman began cooperating with federal investigators in 2016. Separately Monday, former Chicago Alderman Daniel Solis, former Illinois House Speaker Michael Madigan and Madigan codefendant Michael McClain enter the federal court building in Chicago Monday, Nov. 25, 2024. U.S. government attorney Diane MacArthur first introduced a recording of Madigan and Solis nearly two years before the alderman started cooperating with the government. The recording involved a conversation with Chinese developer, See Wong, who wanted to build a hotel on a parcel of land in Chicago’s Chinatown neighborhood. The land was owned by the state of Illinois at the time, but Solis said a zoning change would be required from the city in order for a hotel to be built. At Madigan’s request, Solis said he facilitated the meeting on Aug. 8, 2014, at Madigan’s law firm, Madigan and Getzendanner, about the land along Wentworth Avenue between Archer Avenue and Cermak Road. Madigan’s law partner, Bud Getzendanner, discussed how successful the firm had been in working with hotels to make sure they were not taxed more than necessary. ”A large component of your expense for hotels is real estate taxes,” Getzendanner said during the recorded meeting. Getzendanner said the firm charged 12.5% of the tax savings obtained. Madigan told Wong and an interpreter about the quality of service his firm provided. “We don’t take a second seat to anybody,” Madigan said. The developer then asked for a picture with Madigan and Solis. Solis told the group that Wong would benefit from working with Madigan. “If he works with the Speaker, he will get anything he needs for that hotel,” Solis said on the recording. Solis testified that he meant the city would provide the zoning change the developer needed from the city if the developer hired Madigan’s law firm. Solis said the zoning change was approved, but the proposed hotel was never built. MacArthur asked Solis about the bribery charge he is still facing, which Solis said involved the redevelopment of a property in Chicago from a restaurant to a residential building in 2015. Solis said two problems prevented the project from moving forward: labor unions’ perceived lack of representation in the development and residents' concerns in the ward. The former alderman admitted that he solicited a campaign contribution from the developer or from one or more of the developer’s vendors while the project’s zoning change was still under consideration. Solis said he believed the developer was on board and that he would be getting donations from the developers’ vendors. The zoning change was approved by the city council, Solis said. He testified he solicited and accepted campaign contributions from other developers who had matters pending before the city council’s zoning committee. Solis then testified about about a variety of things like massages that turned sexual, trips to Las Vegas, tickets to professional sporting events, no-paperwork six-figure loans he'd paid back. He even admitted to an extramarital affair he had with an interpreter. Solis said he was separated from his wife for about five years and their house went into foreclosure. He also confessed that he lied to a collection agency by saying he was out of work. MacArthur asked Solis about his sister, Patti Solis Doyle, who worked on campaigns for former Chicago Mayor Richard M. Daley, former President Bill Clinton and former U.S. Senator Hillary Clinton, D-New York. Solis Doyle also managed Hillary Clinton’s presidential campaign in 2008. Solis said his sister was involved in a hotel project in which the developer offered her $100,000. Solis said his sister offered to split the sum with her brother. As chairman of the city’s zoning committee, Solis said he told his sister he could not accept money regarding a hotel development. Solis said his sister told him there would be another way she could compensate him. The former alderman said he did receive funds from his sister for referring her to his friend Brian Hynes’ state vendor assistance program. Monday afternoon, Solis testified that FBI agents visited his home on June 1, 2016, and played audio and video recordings. After considering an attorney, Solis said he decided to cooperate with the FBI a few days later and agreed to let investigators tap his phone. Solis also said he told an attorney friend that he was cooperating with the FBI in regard to an investigation of an organization he was involved in. Solis said he made recordings for several investigations he was involved in as part of his deferred prosecution agreement. He began communicating with Madigan after receiving a voicemail message on June 12, 2017. Solis said he discussed the Chinatown land deal, his interest in getting a state board appointment, and referring clients to Madigan’s law firm while cooperating with the government from June 2016 to December 2017. Solis admitted that he was not really interested in a state board appointment, but he raised the issue with Madigan at the direction of law enforcement. Solis said he began communicating with Madigan codefendant Michael McClain about the Chinatown parcel in the fall of 2017. He said he had to continue to perform his duties as an alderman while cooperating with the FBI because of “the farce” that he was involved in. Solis discussed a 2017 redevelopment project that required a zoning change involving a Union West development in Chicago’s West Loop. MacArthur played a recording, dated June 12, 2017, of Madigan asking Solis about the development. During the call, Solis told the speaker he would try to arrange an introduction for Madigan with the developers. In a subsequent call, Solis promised to arrange a meeting and said, “I think these guys get it, the quid pro quo and how it works.” When MacArthur asked Solis why he said that, Solis said he didn’t know and said it was “dumb.” MacArthur asked Solis if he used the words “quid pro quo” at the direction of law enforcement. “No,” Solis said. Union West developer Andrew Cretal agreed to meet with Madigan and told Solis, “confidentially,” that his company was working with Goldman Sachs as an equity partner and that he would “circle back” with Solis. MacArthur played a recording of Madigan privately telling Solis not to use the words, “quid quo pro.” The conversation immediately preceded the meeting Cretal and the Union West group had at Madigan's and Getzendanner’s law office. During the meeting, Madigan repeated to Cretal’s group what he had said to See Wong. “We don’t take a second seat to anybody,” Madigan said. Solis said he met with Madigan again privately after the meeting with the intention of discussing the Chinatown parcel. Solis said he had been having frequent meetings about the land with potential developers. During the recording, Solis said that nothing could really happen until the state transferred the land. Connie Mixon, professor of Political Science and director of the Urban Studies Program at Elmhurst University, served as an expert witness at the corruption trial of longtime Chicago Democrat Ed Burke, who served on the city council from 1969 to 2023. A jury convicted Burke in December 2023 on 18 counts of racketeering, bribery, attempted extortion and conspiracy to commit extortion and using interstate commerce to facilitate an unlawful activity. Mixon said that Solis also testified as a cooperating witness during Burke’s trial. “It seemed as if, in the sentencing for the Burke trial, the judge did take a bit of exception to the fact that Solis, who also had potential criminal charges, was essentially getting away without any sort of repercussions,” Mixon told The Center Square. Mixon described Solis as a damaged witness. “He’s absolutely damaged, but as much as he’s damaged, you have the words on the wiretap. Having the defendants’ words played in the courtroom, they are really the witness against themselves when you have those wiretaps,” Mixon explained. Before the jury was seated Monday morning, prosecutors said they would provide the court with revised jury instructions by Dec. 3. Judge John Robert Blakey said he could deny admittance of new materials after that date if he deemed them to be untimely. Madigan and McClain are charged with 23 counts of bribery, racketeering and official misconduct. The trial is scheduled to resume Tuesday morning in Chicago.Man arraigned on murder charges in NYC subway death fanned flames with a shirt, prosecutors say
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Man arraigned on murder charges in NYC subway death fanned flames with a shirt, prosecutors say
Horse Racing Don't miss out on the headlines from Horse Racing. Followed categories will be added to My News. Debbie Kepitis has come up with an inspired choice of name for her $10 million Winx filly – Quinceañera. The two-year-old filly’s name is derived from a Latin American tradition that also spawned a famous animated television series. Mrs Kepitis wrote on social media that Quinceanera’s name is a “Latin American celebration of a girl’s 15th birthday, marking her passages from girlhood to womanhood, this young lady is stepping out of the shadow of her mum, Winx.’’ • PUNT LIKE A PRO : Become a Racenet iQ member and get expert tips – with fully transparent return on investment statistics – from Racenet’s team of professional punters at our Pro Tips section. SUBSCRIBE NOW ! The owner-breeder told Racenet that both she and her family had spent many hours “researching and Googling” possible names for the two-year-old filly. “A lot of names we considered were already taken,’’ she explained. “Because Winx is a one word name we wanted her filly to have a one word name, too. “Then one day, we came across Quinceañera and the more we looked at it, the more we liked it.’’ Mrs Kepitis revealed that in the “My Little Pony: Friendship is Magic” animated television series, a “cute-ceañera” is a celebration for ponies who have earned their “cutie marks” or a unique symbol that is on one or both sides of their flanks. “The name is a play on the Latin American tradition of a ‘quinceañera’,’’ she said. Introducing Quinceañera (Pierro/Winx)ð Named after the Latin American celebration of a girl's 15th birthday, marking her passage from girlhood to womanhood, this young lady is stepping out of the shadow of her mum Winx. Merry Christmas from âQuinnieâ ð @DKepitis @cwallerracing pic.twitter.com/5l7ePR3ACG — Woppitt Bloodstock (@WoppittB) December 24, 2024 • Winx’s grave fight: ‘It was a rollercoaster, same as her racing career’ Quinceañera – pronounced “Kin-cea-neara” – created headlines around the racing world earlier this year when Mrs Kepitis went to $10 million to buy back the filly at the Inglis Easter Yearling Sale. Mrs Kepitis had initially been prepared to sell Winx’s first live foal by Coolmore’s champion sire Pierro but in the days leading up to the sale, she had a change of heart. “We put the filly up for auction but in the last few weeks, all of my family, we started to miss our ‘daughter, granddaughter’, so we just decided if we could get her, we would,’’ Kepitis said earlier this year. There were essentially only two buyers – Mrs Kepitis, who was sitting with her family at a table inside the Inglis sale complex auditorium, and American John Stewart, bidding by phone from a restaurant in Kentucky . Bidding started at $2 million and quickly increased until Mrs Kepitis called out $10 million and the auctioneer’s gavel came down. Mrs Kepitis burst into tears at that moment, the emotion and enormity of the moment overwhelmed her. Debbie Kepitis reacts as she buys the Pierro-Winx filly for $10 million. Picture: File • ‘I’m done’: The man who bid $9m for Winx filly and still came up short “I don’t know what I was thinking – stress, anticipation, doubt, every emotion you could think of really,’’ Kepitis said. “I will never forget it when the gavel came down but mainly it was a feeling of relief. “Relief because we knew the filly was staying with us but it took a lot of determination to go to the amount we knew we may have to go to. “You are never prepared to spend that amount of money and yes we may have stretched ourselves more than we wanted to but she just tore at our heart strings.’’ Quinceañera is now in the Rosehill stables of Chris Waller, trainer of the mighty Winx, and is being prepared for a race debut later in the season. Winx, who won 37 of her 43 races including a world record 25 at Group 1 level, nearly died after losing her first foal by I Am Invincible in 2020. But Winx then got in foal to Pierro and her filly was born in October, two years ago. Winx gave birth to a colt by Arrowfield’s super sire Snitzel last month. Originally published as Quinceañera: The story behind name chosen by Debbie Kepitis for $10m Winx filly Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories Horse Racing Randwick, Newcastle previews: Patience paying off with Winston Hills Trainer Matthew Smith has taken it very slowly with promising gelding Winston Hills who is out to build on his record with a win at Randwick. Read more Horse Racing Randwick, Newcastle tips: Vanessi ready to go back-to-back The Chris Waller-trained Vanessi made amends for her first-up defeat with a big win at Canterbury and can make two in-a-row when she head to Randwick. Read moreFLORENCE, S.C. -- A night filled with Christmas cheer turned into a nightmare for some residents of Coventry Lane Apartments when a fire broke out late Monday evening, displacing multiple families just days before the holiday. Roshanna Clayton, a single mother of two, recalls the terrifying events that unfolded. “It was around 10:30 last night,” We had just finished playing one of the Christmas games we found online. I was a little out of breath and went to lay across my bed,” Clayton said. Her daughter had gone to her room, her son was in the living room with Clayton’s mother, who was recovering from knee surgery, when he saw the flames outside. “He came running to me, shouting, Mommy, there’s a fire outside!” By the time Clayton reached the front door, her upstairs neighbor, Miss Lynn, was banging on it to warn the family. The fire had engulfed a second-floor unit across the way, and the heat was becoming intense. “I told my mom we had to get out, but she was struggling to move because of her knee surgery and hip pain,” Clayton said. As smoke began to fill the apartment, Clayton grabbed her phone and car keys, but when she returned to help her mother, she found her on the floor, unable to stand. “I saw plastic dripping from above and felt the heat. I was terrified.” Clayton helped her mother crawl to safety through their back sliding door while her children had already made it outside. She also woke her uncle, who had recently suffered a stroke, and guided him out as smoke thickened around them. “My son was standing outside in just his boxers, my daughter in shorts, and my mom in her nightgown,” she recounted. “It was freezing, and everything was happening so fast.” The family watched in fear as firefighters battled the flames, which reignited multiple times before finally being extinguished. Fortunately, their apartment sustained only smoke damage, sparing them from the flames, but it was enough to render their home uninhabitable. Neighbors showed remarkable kindness amidst the chaos, offering blankets and clothing to those who fled with nothing. “One of the women across from me ran out with just her underclothes on,” Clayton said. “When I was able to get back into my unit briefly, I grabbed some clothes for her. Everyone came together last night, and we truly supported one another.” Clayton and her children are currently staying at her sister-in-law’s house, but the uncertainty of finding a permanent place to live weighs heavily on her. Her landlord has no vacant units, and while another landlord nearby offered an apartment, the upfront costs of first and last month’s rent plus a security deposit are a financial hurdle. “The Red Cross gave us a card to help temporarily, but I’m still waiting to hear back from them for more assistance,” she said. “As a single mom, it’s hard, especially so close to Christmas.” Despite losing much of what they had, Clayton is grateful her family is safe. “We didn’t have much for Christmas as it is, but my kids are just happy to be alive,” she said. “That’s the greatest gift.” To support families affected by the fire, the Palmetto Street Church of God is accepting donations of new and unwrapped clothing and toys at their gym from 2 p.m. to 4 p.m. Tuesday The West Florence Fire Department has expressed gratitude for the community’s generosity and reminded everyone to prioritize fire safety during the holidays. For Clayton and others, this Christmas will look different, but the outpouring of compassion from neighbors and strangers alike has provided a glimmer of hope. “We wave to each other in passing, but last night, we truly came together. That’s something I’ll never forget.” Get local news delivered to your inbox!Empowered Funds LLC lifted its holdings in Science Applications International Co. ( NYSE:SAIC – Free Report ) by 11.6% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 4,675 shares of the information technology services provider’s stock after acquiring an additional 487 shares during the quarter. Empowered Funds LLC’s holdings in Science Applications International were worth $651,000 at the end of the most recent quarter. A number of other institutional investors also recently made changes to their positions in the business. UMB Bank n.a. grew its position in Science Applications International by 438.5% during the 3rd quarter. UMB Bank n.a. now owns 210 shares of the information technology services provider’s stock worth $29,000 after acquiring an additional 171 shares during the last quarter. Larson Financial Group LLC purchased a new stake in shares of Science Applications International during the second quarter valued at approximately $27,000. GAMMA Investing LLC grew its holdings in shares of Science Applications International by 236.0% in the third quarter. GAMMA Investing LLC now owns 289 shares of the information technology services provider’s stock worth $40,000 after purchasing an additional 203 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of Science Applications International by 30.4% in the second quarter. Fifth Third Bancorp now owns 360 shares of the information technology services provider’s stock worth $42,000 after buying an additional 84 shares during the period. Finally, CWM LLC raised its holdings in Science Applications International by 56.8% during the 2nd quarter. CWM LLC now owns 406 shares of the information technology services provider’s stock valued at $48,000 after buying an additional 147 shares during the last quarter. Hedge funds and other institutional investors own 76.00% of the company’s stock. Wall Street Analyst Weigh In A number of equities research analysts have issued reports on the stock. Barclays raised their price target on shares of Science Applications International from $135.00 to $150.00 and gave the stock an “equal weight” rating in a report on Monday, September 16th. Citigroup boosted their price target on Science Applications International from $160.00 to $176.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Wells Fargo & Company increased their price objective on Science Applications International from $122.00 to $157.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. Truist Financial boosted their target price on Science Applications International from $125.00 to $135.00 and gave the company a “hold” rating in a research note on Friday, September 6th. Finally, JPMorgan Chase & Co. raised Science Applications International from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $150.00 to $170.00 in a research note on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Science Applications International has a consensus rating of “Hold” and a consensus price target of $150.43. Science Applications International Trading Down 0.5 % SAIC opened at $124.20 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.21. Science Applications International Co. has a 52 week low of $112.00 and a 52 week high of $156.34. The stock has a market cap of $6.15 billion, a PE ratio of 22.34 and a beta of 0.70. The business has a 50 day moving average of $140.79 and a 200-day moving average of $130.34. Science Applications International ( NYSE:SAIC – Get Free Report ) last announced its earnings results on Thursday, September 5th. The information technology services provider reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.19. The firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.80 billion. Science Applications International had a net margin of 3.97% and a return on equity of 22.88%. The company’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.05 EPS. Equities research analysts predict that Science Applications International Co. will post 8.2 earnings per share for the current fiscal year. Science Applications International Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Friday, October 11th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Friday, October 11th. Science Applications International’s dividend payout ratio is 26.62%. Science Applications International Profile ( Free Report ) Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces. See Also Five stocks we like better than Science Applications International 3 Best Fintech Stocks for a Portfolio Boost Vertiv’s Cool Tech Makes Its Stock Red-Hot How Can Investors Benefit From After-Hours Trading MarketBeat Week in Review – 11/18 – 11/22 Stock Analyst Ratings and Canadian Analyst Ratings 2 Finance Stocks With Competitive Advantages You Can’t Ignore Want to see what other hedge funds are holding SAIC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Science Applications International Co. ( NYSE:SAIC – Free Report ). Receive News & Ratings for Science Applications International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Science Applications International and related companies with MarketBeat.com's FREE daily email newsletter .
17 Capital Partners LLC raised its position in shares of Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 4.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,985 shares of the information services provider’s stock after acquiring an additional 800 shares during the period. Alphabet makes up 2.2% of 17 Capital Partners LLC’s portfolio, making the stock its 4th biggest holding. 17 Capital Partners LLC’s holdings in Alphabet were worth $3,315,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors also recently made changes to their positions in the company. Christopher J. Hasenberg Inc raised its position in shares of Alphabet by 75.0% during the second quarter. Christopher J. Hasenberg Inc now owns 140 shares of the information services provider’s stock valued at $26,000 after buying an additional 60 shares during the last quarter. Kings Path Partners LLC acquired a new position in Alphabet in the 2nd quarter valued at approximately $36,000. Denver PWM LLC acquired a new position in Alphabet in the 2nd quarter valued at approximately $41,000. Quarry LP bought a new stake in shares of Alphabet in the 2nd quarter worth approximately $53,000. Finally, Summit Securities Group LLC acquired a new stake in shares of Alphabet during the 2nd quarter worth approximately $55,000. 40.03% of the stock is owned by institutional investors and hedge funds. Insider Transactions at Alphabet In other Alphabet news, CAO Amie Thuener O’toole sold 682 shares of the business’s stock in a transaction dated 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 directly owns 32,017 shares of the company’s stock, valued at approximately $5,136,807.48. The trade was a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, Director Kavitark Ram Shriram sold 10,500 shares of the firm’s stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $180.78, for a total value of $1,898,190.00. Following the sale, the director now directly owns 330,466 shares in the company, valued at approximately $59,741,643.48. This represents a 3.08 % decrease in their position. The disclosure for this sale can be found here . In the last ninety days, insiders sold 206,795 shares of company stock worth $34,673,866. 11.55% of the stock is currently owned by company insiders. Alphabet Trading Down 1.7 % Alphabet ( NASDAQ:GOOGL – Get Free Report ) last issued its earnings results on Tuesday, October 29th. The information services provider reported $2.12 EPS for the quarter, beating the consensus estimate of $1.83 by $0.29. Alphabet had a net margin of 27.74% and a return on equity of 31.66%. The company had revenue of $88.27 billion during the quarter, compared to analysts’ expectations of $72.85 billion. During the same quarter in the previous year, the company posted $1.55 EPS. On average, sell-side analysts anticipate that Alphabet Inc. will post 8.01 earnings per share for the current year. Alphabet Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 9th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date is Monday, December 9th. Alphabet’s dividend payout ratio (DPR) is currently 10.61%. Analyst Upgrades and Downgrades Several research analysts recently commented on the company. Roth Mkm raised their target price on Alphabet from $206.00 to $212.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $190.00 price objective on shares of Alphabet in a report on Wednesday, October 30th. Phillip Securities raised shares of Alphabet to a “strong-buy” rating in a research note on Friday, November 1st. BMO Capital Markets restated an “outperform” rating and set a $217.00 price target (up previously from $215.00) on shares of Alphabet in a research note on Wednesday, October 30th. Finally, Tigress Financial upped their price objective on Alphabet from $210.00 to $220.00 and gave the company a “strong-buy” rating in a research note on Thursday, September 26th. Seven analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and five have issued a strong buy rating to the company. According to data from MarketBeat, Alphabet currently has an average rating of “Moderate Buy” and an average price target of $205.90. View Our Latest Report on GOOGL Alphabet Company Profile ( 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. Further Reading Five stocks we like better than Alphabet How is Compound Interest Calculated? Vertiv’s Cool Tech Makes Its Stock Red-Hot How to Capture the Benefits of Dividend Increases MarketBeat Week in Review – 11/18 – 11/22 What is a Secondary Public Offering? What Investors Need to Know 2 Finance Stocks With Competitive Advantages You Can’t Ignore 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 .Blue Owl Capital Co. III (NYSE:OBDE) Sees Large Volume Increase – Here’s What HappenedNEW YORK (AP) — Top-ranked chess player Magnus Carlsen is headed back to the World Blitz Championship on Monday after its governing body agreed to loosen a dress code that got him fined and denied a late-round game in another tournament for refusing to change out of jeans . Lamenting the contretemps, International Chess Federation President Arkady Dvorkovich said in a statement Sunday that he'd let World Blitz Championship tournament officials consider allowing “appropriate jeans” with a jacket, and other “elegant minor deviations” from the dress code. He said Carlsen's stand — which culminated in his quitting the tournament Friday — highlighted a need for more discussion “to ensure that our rules and their application reflect the evolving nature of chess as a global and accessible sport.” Carlsen, meanwhile, said in a video posted Sunday on social media that he would play — and wear jeans — in the World Blitz Championship when it begins Monday. “I think the situation was badly mishandled on their side,” the 34-year-old Norwegian grandmaster said. But he added that he loves playing blitz — a fast-paced form of chess — and wanted fans to be able to watch, and that he was encouraged by his discussions with the federation after Friday's showdown. “I think we sort of all want the same thing,” he suggested in the video on his Take Take Take chess app’s YouTube channel. “We want the players to be comfortable, sure, but also relatively presentable.” The events began when Carlsen wore jeans and a sportcoat Friday to the Rapid World Championship, which is separate from but held in conjunction with the blitz event. The chess federation said Friday that longstanding rules prohibit jeans at those tournaments, and players are lodged nearby to make sartorial switch-ups easy if needed. An official fined Carlsen $200 and asked him to change pants, but he refused and wasn't paired for a ninth-round game, the federation said at the time. The organization noted that another grandmaster, Ian Nepomniachtchi, was fined earlier in the day for wearing sports shoes, changed and continued to play. Carlsen has said that he offered to wear something else the next day, but officials were unyielding. He said “it became a bit of a matter of principle,” so he quit the rapid and blitz championships. In the video posted Sunday, he questioned whether he had indeed broken a rule and said changing clothes would have needlessly interrupted his concentration between games. He called the punishment “unbelievably harsh.” “Of course, I could have changed. Obviously, I didn’t want to,” he said, and “I stand by that.”
Special counsel moves to dismiss election interference and classified documents cases against Trump
Livvy Dunne takes polar plunge in red bikini on Christmas EveWASHINGTON — American Airlines briefly grounded flights nationwide Tuesday because of a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne about an hour after the Federal Aviation Administration ordered a national ground stop for the airline. The order, which prevented planes from taking off, was issued at the airline's request. The airline said in an email that the problem was caused by trouble with vendor technology that maintains its flight operating system. An American Airlines employee wearing looks toward quiet check-in counters Tuesday in the American terminal at Miami International Airport in Miami. Dennis Tajer, a spokesperson for the Allied Pilots Association, a union representing American Airlines pilots, said the airline told pilots at 7 a.m. Eastern that there was an outage affecting the system known as FOS. It handles different types of airline operations, including dispatch, flight planning, passenger boarding, as well as an airplane's weight and balance data, he said. Some components of FOS have gone down in the past, but a systemwide outage is rare, Tajer said. Flights were delayed across American's major hubs, with only 37% leaving on time, according to Cirium, an aviation analytics company. Out of the 3,901 domestic and international American Airlines flights scheduled for Tuesday, 19 were canceled. Cirium noted that the vast majority of flights departed within two hours of their scheduled departure time. A similar percentage — 36% — arrived at their destinations as scheduled. Meanwhile, the flight-tracking site FlightAware reported that 3,712 flights entering or leaving the U.S., or serving domestic destinations, were delayed Tuesday, with 55 flights canceled. It did not show any flights from American Airlines. Cirium said Dallas-Fort Worth, New York's Kennedy Airport and Charlotte, North Carolina, saw the greatest number of delays. Washington, Chicago and Miami experienced considerably fewer delays. Amid the travel problems, significant rain and snow were expected in the Pacific Northwest at least into Christmas Day. Showers and thunderstorms developed in the South. Freezing rain was reported in the Mid-Atlantic region near Baltimore and Washington, and snow fell in New York. Because the holiday travel period lasts weeks, airports and airlines typically have smaller peak days than they do during the rush around Thanksgiving, but the grind of one hectic day followed by another takes a toll on flight crews. Any hiccups — a winter storm or a computer outage — can snowball into massive disruptions. That is how Southwest Airlines stranded 2 million travelers in December 2022, and Delta Air Lines suffered a smaller but significant meltdown after a worldwide technology outage in July caused by a faulty software update from cybersecurity company CrowdStrike. Many flights during the holidays are sold out, which makes cancellations even more disruptive than during slower periods. That is especially true for smaller budget airlines that have fewer flights and fewer options for rebooking passengers. Only the largest airlines, including American, Delta and United, have "interline agreements" that let them put stranded customers on another carrier's flights. An American Airlines employee wearing a Santa Claus hat walks through the American terminal Tuesday at Miami International Airport in Miami. This will be the first holiday season since a Transportation Department rule took effect that requires airlines to give customers an automatic cash refund for a canceled or significantly delayed flight. Most air travelers were already eligible for refunds, but they often had to request them. Passengers still can ask to get rebooked, which is often a better option than a refund during peak travel periods. Finding a last-minute flight on another airline tends to be expensive. An American spokesperson said Tuesday was not a peak travel day for the airline — with about 2,000 fewer flights than the busiest days — so the airline had somewhat of a buffer to manage the delays. The groundings happened as millions of travelers were expected to fly over the next 10 days. The Transportation Security Administration expects to screen 40 million passengers through Jan. 2. Airlines expect to have their busiest days on Thursday, Friday and Sunday. Many flights during the holidays are sold out, which makes cancellations more disruptive than during slower periods. Even with just a brief outage, the cancellations have a cascading effect that can take days to clear up. About 90% of Americans traveling far from home over the holidays will be in cars, according to AAA. "Airline travel is just really high right now, but most people do drive to their destinations, and that is true for every holiday," AAA spokesperson Aixa Diaz said. Gasoline prices are similar to last year. The nationwide average Thursday was $3.04 a gallon, down from $3.13 a year ago, according to AAA. Charging an electric vehicle averages just under 35 cents per per kilowatt hour, but varies by state. Transportation-data firm INRIX says travel times on the nation's highways could be up to 30% longer than normal over the holidays, with Sunday expected to see the heaviest traffic. "It's not the destination, it's the journey," said American essayist Ralph Waldo Emerson. Ralph clearly was not among the travellers on one of more than 350 cancelled or 1,400 delayed flights after a worldwide tech outage caused by an update to Crowdstrike's "Falcon Sensor" software in July of 2023. U.S. airlines carried nearly 863 million travellers in 2023, with Canadian carriers accounting for another 150 million, many of whom experienced lost luggage, flight delays, cancellations, or were bumped off their flights. It's unclear how many of them were compensated for these inconveniences. Suffice it to say, posting a crabby rant on social media might temporarily soothe anger, but it won't put wasted money back in pockets. Money.ca shares what to know in order to be compensated for the three most common air travel headaches. Bags elected to go on a vacay without you? Check off the following: If you expect a large payout, think again. Tariffs (air carrier contracts) limit the compensation amounts for "loss of, damage to, or the delay in delivery of baggage or other personal property." In the case of Air Canada, the maximum payout is $1,500 per passenger in the currency of the country where the baggage was processed. To raise that limit, purchase a Declaration of Higher Value for each leg of the trip. The charge is $0.50 for each $100, in which case the payout limit is $2,500. For Delta Air Lines, passengers are entitled to up to $3,800 in baggage compensation, though how much you'll receive depends on your flight. Delta will pay up to $2,080 for delayed, lost, and damaged baggage for international travellers, almost half of what U.S. domestic passengers can claim. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. Different air carriers and jurisdictions have their own compensation policies when flights are delayed or cancelled. For example, under European Union rules, passengers may receive up to 600 Euros, even when travelling on a non-EU carrier. Similarly, the DOT states that travellers are entitled to a refund "if the airline cancelled a flight, regardless of the reason, and the consumer chooses not to travel." However, US rules regarding delays are complicated. Some air carriers, such as Air Canada, do not guarantee their flight schedules. They're also not liable for cancellations or changes due to "force majeure" such as weather conditions or labour disruptions. If the delay is overnight, only out-of-town passengers will be offered hotel accommodation. Nevertheless, many airlines do offer some compensation for the inconvenience. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. In terms of cash compensation, what you'll get can differ significantly based on things like departure location, time, carrier, and ticket class. The DOT offers a helpful delay and cancellations dashboard designed to keep travellers informed about their compensation rights. The dashboard is particularly helpful because, as the DOT states on its website, "whether you are entitled to a refund depends on a lot of factors—such as the length of the delay, the length of the flight, and your particular circumstances." The Canadian Transportation Agency is proposing air passenger protection regulations that guarantee financial compensation to travellers experiencing flight delays and cancellations, with the level of compensation varying depending on the situation and how much control the air carrier had. The proposed regulations include the following: The airline is obligated to complete the passenger's itinerary. If the new ticket is for a lower class of service, the air carrier would have to refund the cost difference; if the booking is in a higher class of service, passengers cannot be charged extra. If the passenger declines the ticket, the airline must give a full refund, in addition to the prescribed compensation. For overnight delays, the air carrier needs to provide hotel accommodation and transportation free-of-charge. Again, if you are unsatisfied, the Canadian Transportation Agency or Department of Transportation may advocate on your behalf. Passengers get bumped because airlines overbook. When this happens, the air carrier must compensate you. For international flights in the US, the rate is 200% of your one-way fare to your final destination, with a $675 maximum. If the airline does not make travel arrangements for you, the payout is 400% of your one-way fare to a maximum of $1,350. To qualify, you must check-in by the stated deadline, which on international flights can be up to 3 hours ahead. Keep in mind that if you accept the cash, you are no longer entitled to any further compensation, nor are you guaranteed to be rebooked on a direct flight or similar type of seat. Don't be too quick to give up your boarding pass. Negotiate for the best compensation deal that would include cash, food and hotel vouchers, flight upgrade, lounge passes, as well as mileage points. But avoid being too greedy—if the gate attendant is requesting volunteers and you wait too long, you'll miss the offer. According to Air Canada's tariff, if a passenger is involuntarily bumped, they'll receive $200, in cash or bank draft, for up to a two-hour delay; $400 for a 2-6 hours delay; and $800 if the delay is over six hours. (Air Canada was forced to raise its payouts in 2013 due to passenger complaints.) The new rules would raise the payout significantly: $900 for up to six hours; $1,800 for 6-9; and $2,400 for more than nine hours, all to be paid within 48 hours. Statistically speaking, Delta Airlines is the carrier most likely to bump. A few years ago, Delta raised its payout maximum to $9,950, while United Airlines tops out at $10,000. This story was produced by Money.ca and reviewed and distributed by Stacker. Get local news delivered to your inbox!
Lawyers for a voting machine company that’s suing Fox News want to question founder Rupert Murdoch about his contentious efforts to change his family trust , the attorneys told a court Monday. Election-tech company Smartmatic's $2.7 billion defamation suit regards Fox's reporting on 2020 voting fraud claims. But Smartmatic’s attorneys suggest the separate succession fight over Murdoch's media empire might shed light on any Fox Corp. involvement in editorial matters.
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