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POET Technologies Inc. ( CVE:PTK – Get Free Report ) shot up 24% on Friday . The stock traded as high as C$10.53 and last traded at C$10.22. 338,099 shares changed hands during trading, an increase of 137% from the average session volume of 142,552 shares. The stock had previously closed at C$8.24. Analysts Set New Price Targets Separately, Northland Capmk upgraded POET Technologies to a “strong-buy” rating in a report on Monday, November 18th. View Our Latest Stock Report on PTK POET Technologies Stock Up 21.4 % Insider Buying and Selling In other news, Director James Lee sold 25,000 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of C$6.95, for a total transaction of C$173,712.50. Also, Senior Officer Vivek Rajgarhia sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of C$7.24, for a total transaction of C$36,219.00. 0.82% of the stock is currently owned by corporate insiders. POET Technologies Company Profile ( Get Free Report ) POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques. Recommended Stories Receive News & Ratings for POET Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POET Technologies and related companies with MarketBeat.com's FREE daily email newsletter .QUALCOMM (NASDAQ:QCOM) Shares Down 1.2% – Here’s What HappenedRestaurant Brands International's executive chairman sells $2.9m in stock
WASHINGTON (AP) — The State Department said Monday it is not actively reviewing the “foreign terrorist organization” designation of the main Syrian rebel group that overthrew Bashar Assad’s government this weekend. But, it said such designations are constantly under review, and that even while it’s in place, the label does not bar U.S. officials from speaking with the group. “There is no specific review related to what happened” over the weekend, State Department spokesman Matthew Miller told reporters. “That said, we are always reviewing. Based on their actions, there could be a change in our sanctions posture, but we have nothing today.” He said a review could be initiated if , known as HTS, takes steps to reverse the reasons for its designation. That would be , he said. The designation imposes numerous sanctions against those targeted, including a ban on the provision of “material support” to such groups, although Miller said that would not necessarily prevent discussions between its members and U.S. officials. HTS will be an “important component” in and the U.S. needs to “engage with them, appropriately, and with U.S. interests in mind,” said a senior administration official, who spoke on condition of anonymity to discuss internal deliberations. Miller cited the case of the Trump administration negotiating with the Taliban over the U.S. withdrawal from Afghanistan, but later conceded that the Taliban has never been designated in the same way. Instead, the Taliban was listed as a “specially designated terrorist organization,” a label that comes with less stringent sanctions. Nevertheless, Miller said U.S. officials “do have the ability, when it is in our interest, legally to communicate with a designated terrorist organization.” Meanwhile, President Joe Biden and Jordan’s King Abdullah II spoke by phone about the rapidly evolving situation in Syria and joint efforts to the situation, according to the White House. In their call, Biden and the Jordanian monarch also discussed the dozens of U.S. airstrikes conducted on Sunday targeting IS leaders and fighters in the Syrian desert as well as ongoing efforts to reach a ceasefire and hostage deal in Gaza. The call came as Undersecretary of State for Political Affairs John Bass and Assistant Secretary for Near Eastern Affairs Barbara Leaf were in the region holding consultations with key partners. They are in Amman, Jordan, on Monday and were in Doha, Qatar, over the weekend, the State Department said. More than a million into neighboring Jordan since the civil war ignited in 2011, and officials in Amman are hoping to avoid another refugee crisis following the fall of Assad’s government. “The President emphasized the support of the United States for the stability of Jordan and Jordan’s central role in maintaining stability and de-escalating tensions throughout the Middle East region,” the White House said in a statement. Separately, the State Department said the U.S. had arranged with local groups to secure the shuttered U.S. Embassy compound in Damascus, which suspended operations in 2012 and had been until recently under the protection of the Czech Embassy. The Czechs, however, closed their own embassy in Damascus as the situation in the capital grew more uncertain. It would not say with what groups the U.S. made the arrangements.
Syrian government services come to ‘complete halt’ as workers stay at home
None(The Center Square) – Of the many costly security missteps uncovered at the rally site in Butler, Pa. where a would-be assassin nearly killed Donald Trump, one deterrent may have been relatively affordable. Rep. Pat Fallon said the U.S. Secret Service could have fashioned a rudimentary fence made of caution tape, signs, posts and stakes around the AGR building on July 13 for roughly $410. The agency’s decision to unman the outside of the building and exclude it from an overall security perimeter around the Butler Farm Show Grounds that day has drawn much criticism from lawmakers on the task force assembled to investigate both attempts on Trump’s life, the second occurring at a Mar-a-Lago golf course in September. During a heated seven-minute exchange with Acting Secret Service Director Ronald Rowe Jr., the Republican congressman from Texas said the agency’s $2 billion funding increase seemed far in excess of what it would have cost to have functioning drones, more coordinated radio communications, agents on a nearby water tower and security deterrents available in Butler. “What sticks in our craw is when we report to our constituents, we have to say, ‘Hey, this federal agency failed epically, and then they wanted to almost double their budget,’” Fallon said. The conversation devolved into a shouting match after Fallon then accused Rowe of showing up at a 9/11 memorial ceremony in New York City for political purposes only. Rep. Pat Fallon, of Texas, questions Secret Service Acting Director Ronald Rowe Jr. during Congressional task force hearing on the attempted assassination of President-elect Donald Trump in Butler, Pa.
NoneThe arrests in Azerbaijan of several journalists, including staff at the independent Meydan TV, have been condemned by the international community, including U.S. Secretary of State Antony Blinken. Azerbaijani authorities have detained Meydan TV's editor-in-chief, Aynur Elgunash, and four of her reporters. Also being held are freelancer Ramin Jabrailzada, who is known as Deko, and Ulvi Tahirov, deputy director of the Baku School of Journalism. All are charged with smuggling foreign currency and have been ordered to be held for four months in pre-trial detention. The journalists denied the charges and said the criminal case is a result of their journalism work. During the arrests, others were briefly detained and later released, according to local reports. Journalist Ahmad Mukhtar was placed in administrative detention on charges of petty hooliganism and disobedience to the police. Blinken in a statement called on Azerbaijani authorities to immediately release the journalists who he said were "arrested for their work on human rights." The media advocacy group Reporters Without Borders, known as RSF, described the arrests as part of a strategy to silence critics of President Ilham Aliyev's administration. VOA reached out to authorities, but the calls went unanswered. Jeanne Cavelier, who heads RSF's Eastern Europe and Central Asia Desk, said the government has resumed its crackdown against journalists in the aftermath of COP29, the annual U.N. climate change conference that Azerbaijan hosted. The Meydan TV arrests again prove the regime's "willingness to shamelessly target the individuals who dare to keep Azerbaijani citizens informed," Cavelier said in a statement. She added that Azerbaijan has detained 13 other journalists in the past year. RSF "calls on the international community not to turn a blind eye to these grave, systematic violations of fundamental rights," said Cavelier. Meydan TV in a statement described the arrests and questioning of its team as illegal. "Since the day we began our activities, our journalists have been arrested, they and their families have been subjected to harassment, and they have been subjected to various pressures and threats. Journalists who cooperate with us have been illegally banned from leaving the country," the statement said. Bahruz Maharramov, a member of the Azerbaijani parliament, questioned the criticism of the arrests. "If there are real suspicions based on valid, irrefutable evidence, why should any person's profession prevent those suspicions from being investigated?" he said. "Why should we remain silent about the illegal actions of a mercenary network like Meydan TV, just because they are journalists? Where is the legality, where is the equality?" he told VOA. Regular pressure Meydan TV was founded in 2013 as an impartial and objective media organization. It has regularly faced pressure from the authorities, and in 2017 access to its website was blocked in the country. The network's social media accounts have been hacked multiple times and their contents deleted. Orkhan Mammad, an editor at Meydan TV, said that some of those detained were subjected to violence and that the authorities tried to forcefully extract statements from them. "Ramin Deko had bruises under his eyes. He was left without a lawyer for a long time. When Aynur Elgunash's house was searched, she was pinned against the wall, hit in the kidney region, and her computer was seized," he said. The lawyer for Tahirov, Bahruz Bayramov, told VOA that the assistant director of the Baku School of Journalism has no connection with Meydan TV. "They were just family friends with Aynur Elgunash. A large amount of money was seized during a search at Tahirov's house. However, Tahirov stated that the money belonged to his wife," Bayramov said. The money found was from her salary, the lawyer said. Zibeyda Sadigova, who is representing another of the journalists, Natig Javadli, said that there was no basis for the arrest. "We were not provided with the decision and protocols regarding the search of his home, so we were unable to review them. Natig said that his computers and phones were confiscated, but no money was found in the house," Sadigova said. The lawyer said that Javadli has been in journalism for 30 years and that the arrest is related to that work. "They seized his passwords without a court order. He was subjected to psychological pressure," the lawyer told VOA. Lawyers representing the journalists have filed an appeal against the pre-trial detention. Media crackdown More than 20 journalists and media workers have been arrested in Azerbaijan since late 2023 on allegations of smuggling and other crimes. Among those affected are journalists from Abzas Media, known for its corruption investigations, and the independent media outlet Toplum TV. The editor-in-chief of Abzas Media, Sevinj Vagifgizi, was among the Anti-Corruption Champions honored by Blinken on Monday. "Vagifgizi has devoted more than a decade in exposing government abuses. She's also the one awardee who is not with us this afternoon," Blinken said during a ceremony. He noted that Vagifgizi had returned to Azerbaijan in November 2023, "knowing that she might be arrested on arrival." More than a year later, said Blinken, "she remains in detention." Azerbaijan's government has rejected international criticism of the arrests, calling it an "interference in Azerbaijan's internal affairs and the independence of the judiciary." Officials say that fundamental rights, as well as media freedom, are guaranteed. Local human rights organizations estimate that there are more than 300 political prisoners in Azerbaijan. The country ranks 164th out of 180 on the RSF's World Press Freedom Index, where 1 reflects the best environment for media. Ulviyya Guliyeva contributed to this report.
WATCH: Fallon prices security fence at Butler, Pa. rally at $410
Highlighted by Romeo’s Kaili, Belicia and Amarisa, the Manuel wresting dynasty lives onUnwrap the latest AI features with Amazon Fire TabletsMajor stock indexes we mixed on Wall Street in afternoon trading Monday, marking a choppy start to a holiday-shortened week. The S&P 500 rose 0.6%. The Dow Jones Industrial Average slipped 21 points, or 0.1% as of 2:22 p.m. Eastern time. The tech-heavy Nasdaq composite rose 1%. Gains in technology and communications stocks helped outweigh losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.6%. Broadcom jumped 5.7% to also help support the broader market. Walmart fell 2.2% and PepsiCo slid 1.3%. Japanese automakers said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 12.1% , while Nissan fell 0.9%. Eli Lilly rose 3.3% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.7% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a 25% gain for the S&P 500 in 2024. That drive included 57 this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under an incoming President Donald Trump. "Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets were mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas.
Musk causes uproar for backing Germany's far-right party ahead of key elections
Trump’s tariff pledges have companies questioning inventory, supply chains
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