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UConn F Alex Karaban (head) won't play vs. BaylorFounder of failed crypto lending platform Celsius Network pleads guilty to fraud charges
SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired PACS Group, Inc. PACS (a) common stock in connection with the Company's April 11, 2024 initial public offering ("IPO"), or (b) securities between April 11, 2024 and November 5, 2024. PACS Group, through its subsidiaries, operates senior care facilities, skilled nursing facilities, and assisted living facilities in the United States. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that PACS Group, Inc. (PACS) Misled Investors Regarding its Reimbursement and Referral Practices According to the complaint, during the class period, defendants failed to disclose to investors: (1) that the Company engaged in a "scheme" to submit false Medicare claims which "drove more than 100% of PACS' operating and net income from 2020 – 2023"; (2) that the Company engaged in a "scheme" to "bill thousands of unnecessary respiratory and sensory integration therapies to Medicare"; and (3) that the Company engaged in a scheme to falsify documentation related to licensure and staffing. Plaintiff alleges that on November 4, 2024, Hindenburg Research published a report containing allegations to support these contentions. On this news, the Company's share price fell $11.93, or over 27%, to close at $31.01 per share on November 4, 2024. Plaintiff further alleges that on November 6, 2024, the Company announced that it would postpone its fiscal third quarter 2024 earnings release. The Company further disclosed it had "received civil investigative demands from the federal government regarding the Company's reimbursement and referral practices that may or may not be related to this week's third-party report." On this news, the Company's share price fell $11.45 or 38.76%, to close at $18.09 per share on November 6, 2024. By the commencement of this action, PACS Group stock has traded as low as $18.09 per share, a more than 13.9% decline from the $21 per share IPO price. What Now : You may be eligible to participate in the class action against PACS Group, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by January 13, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against PACS Group, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. Contact: Aaron Dumas, Jr. Robbins LLP 5060 Shoreham Pl., Ste. 300 San Diego, CA 92122 adumas@robbinsllp.com (800) 350-6003 www.robbinsllp.com https://www.facebook.com/RobbinsLLP/ https://www.linkedin.com/company/robbins-llp A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/df72c5de-b967-4398-a6fc-4ae81407137a © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Thrivent Financial for Lutherans lessened its holdings in shares of Genuine Parts ( NYSE:GPC – Free Report ) by 4.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,971 shares of the specialty retailer’s stock after selling 1,622 shares during the period. Thrivent Financial for Lutherans’ holdings in Genuine Parts were worth $4,885,000 at the end of the most recent reporting period. Other hedge funds also recently bought and sold shares of the company. Wulff Hansen & CO. increased its holdings in shares of Genuine Parts by 13,732.0% in the second quarter. Wulff Hansen & CO. now owns 1,566,474 shares of the specialty retailer’s stock valued at $216,675,000 after purchasing an additional 1,555,149 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Genuine Parts by 14,222.1% in the 3rd quarter. International Assets Investment Management LLC now owns 584,342 shares of the specialty retailer’s stock worth $81,621,000 after acquiring an additional 580,262 shares during the last quarter. Boston Trust Walden Corp purchased a new position in shares of Genuine Parts during the 3rd quarter worth $39,474,000. Dimensional Fund Advisors LP boosted its position in shares of Genuine Parts by 21.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,368,562 shares of the specialty retailer’s stock valued at $189,296,000 after acquiring an additional 239,858 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. grew its holdings in shares of Genuine Parts by 29.6% in the second quarter. D. E. Shaw & Co. Inc. now owns 980,184 shares of the specialty retailer’s stock valued at $135,579,000 after purchasing an additional 223,712 shares during the period. Institutional investors and hedge funds own 78.83% of the company’s stock. Genuine Parts Trading Up 1.7 % GPC opened at $124.80 on Friday. The company has a quick ratio of 0.57, a current ratio of 1.17 and a debt-to-equity ratio of 0.81. The firm has a market cap of $17.35 billion, a P/E ratio of 16.06 and a beta of 0.92. Genuine Parts has a 52 week low of $112.74 and a 52 week high of $164.45. The business has a fifty day simple moving average of $129.44 and a 200-day simple moving average of $137.26. Genuine Parts Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 6th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 3.21%. The ex-dividend date is Friday, December 6th. Genuine Parts’s payout ratio is currently 51.48%. Wall Street Analysts Forecast Growth Several research firms have weighed in on GPC. Truist Financial decreased their target price on shares of Genuine Parts from $164.00 to $129.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. Redburn Atlantic upgraded Genuine Parts to a “hold” rating in a research report on Monday, November 11th. Evercore ISI lifted their target price on Genuine Parts from $155.00 to $160.00 and gave the company an “in-line” rating in a research report on Tuesday, October 22nd. Wedbush decreased their price target on Genuine Parts from $145.00 to $120.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. cut their price objective on Genuine Parts from $162.00 to $135.00 and set an “overweight” rating for the company in a research report on Tuesday, October 22nd. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $139.57. Get Our Latest Research Report on GPC Genuine Parts Company Profile ( Free Report ) Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates in two segments: Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and equipment and parts used by repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, and individuals. Featured Stories Receive News & Ratings for Genuine Parts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genuine Parts and related companies with MarketBeat.com's FREE daily email newsletter .
Western Union Co. stock falls Tuesday, underperforms market
NEW YORK -- A teen was slashed in the face during an argument at a New York City subway station overnight, according to police. The 19-year-old and suspect got into an argument at a turnstile at the Utica Avenue station in Crown Heights, Brooklyn, police said. The fight continued as the teen walked out of the station along Eastern Parkway, where the suspect slashed them in the face and neck, investigators said. A transit officer reportedly called for help after the suspect slashed the teen and EMS rushed to the scene. The teen was taken to Kings County Hospital in critical condition. Police did not immediately release a description of the suspect, who apparently ran back into the station and escaped, officials said. Anyone with any information is asked to call the NYPD's Crime Stoppers hotline at 1-800-577-TIPS (8477) , or for Spanish, 1-888-57-PISTA (74782 ). You can also submit a tip via their website or via DM on Twitter, @NYPDTips . All calls are kept confidential. John graduated Magna Cum Laude from the University at Albany with dual majors in journalism and communication. He also minored in political science. During his senior year, he juggled both classes and a full-time job as a web producer for News10 ABC in Albany, New York.
RFP Financial Group LLC Sells 2,645 Shares of Amazon.com, Inc. (NASDAQ:AMZN)Catch this Shark robot vacuum while it's a jaw-dropping 50% off for Black Friday[Source: Supplied] VB Holdings Ltd, a leading automotive leasing and fleet management company listed on the South Pacific Stock Exchange since 2001, is investing $10 million to expand its fleet. This move will help the company expand its portfolio of government and commercial contracts, including a major new deal with the Whole of Government (WoG) to supply 80 vehicles under a fully maintained lease program. The investment will enable VB Holdings’ leasing company, Pacific Fleet Management, to expand its fleet capacity and improve service performance. The new fleet will include Hino trucks, known for their safety, efficiency, and sustainability, meeting Euro 4 and 5 regulations. This expansion is also aimed at supporting the company’s growing commercial leasing business. VB Holdings Ltd CEO Bob Niranjan stated that the investment strengthens the company’s position as a trusted fleet management partner, helping to meet demand from both government and commercial clients while driving future growth. The expansion demonstrates the company’s dedication to sustainability since new trucks are designed to minimize emissions and improve safety. Director of VB Holdings Ltd, Jinita Prasad, said the Board fully supports the investment, which coincides with the company’s mission of sustainable growth and operational excellence, demonstrating confidence in the team’s ability to execute large-scale contracts and grab fleet management possibilities. It also prepares VB Holdings for long-term growth, which benefits shareholders and customers alike.
In a week that feels ripped from the pages of a political satire, Donald Trump has managed to turn the normally serious task of building a Cabinet into a truly absurd spectacle. The President-elect, who famously vowed to "drain the swamp", seems instead to be on a mission to fill his administration with some of the most divisive, inexperienced, and ethically questionable figures he can find. Consider the utter absurdity of Trump's pick for Attorney General: Matt Gaetz. The same Matt Gaetz who has been under investigation for allegedly having sex with a minor. Gaetz has denied any wrongdoing and called the investigation into him a "smear campaign". He has also raised in his defence the fact that the Department of Justice ended a separate three-year, federal sex-trafficking investigation last year by deciding not to bring charges against him. It's as if Trump deliberately set out to find the least appropriate person for a role meant to uphold the rule of law. Then there's the prospect of Pete Hegseth , a television personality on Fox News, as Secretary of Defence. Being a former US Army National Guard officer doesn't qualify him to lead the world's most formidable military. Of course, US history has seen its share of ill-fated nominees and questionable calls, but Trump's transition has set a new standard for rapid-fire, jaw-dropping appointments. Over the course of this week alone, he has reportedly considered at least five of the most troubling candidates who have ever put forward for senior roles, nominees who may collectively represent the worst Cabinet line-up in the nation's history. They've come so quickly that there's scarcely been time to digest one shocking choice before another hits the headlines. And that, disturbingly, seems to be part of Trump's strategy. He's flooding the zone, creating a whirlwind of one surreal nomination after another, overwhelming the public's ability to scrutinise each decision. The implications go far beyond poor judgment. These nominees aren't just bad fits; they pose a severe threat to the integrity of America's institutions and the basic stability of the government itself. Appointing Gaetz, Hegseth, and others like them would upend longstanding norms, removing the safeguard of expecting experience and ethical standards from the country's most critical departments. By forcing such unqualified, outrageous figures into positions of immense power, Trump signals his intent to consolidate control and sideline the traditional checks and balances granted to the Senate by the Constitution. This is more than just a chaotic cabinet. It's not about experience but all about loyalty to Trump. Before even taking the oath, the President-elect is positioning himself as a strongman, dismissive of the institutional oversight that has guided American democracy for over two centuries. If these nominees make it through, America may soon find itself in a far darker circus than any clown show it has ever witnessed.[Source: Supplied] VB Holdings Ltd, a leading automotive leasing and fleet management company listed on the South Pacific Stock Exchange since 2001, is investing $10 million to expand its fleet. This move will help the company expand its portfolio of government and commercial contracts, including a major new deal with the Whole of Government (WoG) to supply 80 vehicles under a fully maintained lease program. The investment will enable VB Holdings’ leasing company, Pacific Fleet Management, to expand its fleet capacity and improve service performance. The new fleet will include Hino trucks, known for their safety, efficiency, and sustainability, meeting Euro 4 and 5 regulations. This expansion is also aimed at supporting the company’s growing commercial leasing business. VB Holdings Ltd CEO Bob Niranjan stated that the investment strengthens the company’s position as a trusted fleet management partner, helping to meet demand from both government and commercial clients while driving future growth. The expansion demonstrates the company’s dedication to sustainability since new trucks are designed to minimize emissions and improve safety. Director of VB Holdings Ltd, Jinita Prasad, said the Board fully supports the investment, which coincides with the company’s mission of sustainable growth and operational excellence, demonstrating confidence in the team’s ability to execute large-scale contracts and grab fleet management possibilities. It also prepares VB Holdings for long-term growth, which benefits shareholders and customers alike.
Dear Heavenly Father, As we approach the conclusion of the year 2024, we stand before you as a nation humbled by our imperfections yet emboldened by our unwavering faith. At this moment, we offer the following heartfelt prayer for our beloved country, the Philippines, and its resilient people: Grant our public officials wisdom and integrity to faithfully uphold the Constitution and fulfill their duties with honesty and compassion. May they prioritize the welfare of the people above personal interests; Bestow upon our people discernment to navigate complex social and political issues. May we stand united, seeking truth and justice, and may our diversity become a strength rather than a source of division; We lift up to You those affected by typhoons and flooding. Provide comfort, relief, and restoration to those struggling; As we approach the 2025 elections, guide candidates to run with integrity, driven by a genuine desire to serve. May election laws be upheld, and may the outcome reflect Your will; Empower the Church to embrace its role as a shepherd, guiding the lost, the least, and the last. May it continue to demonstrate compassion, love, and kindness; Stir the hearts of our government leaders to care for the elderly, persons with disabilities, and those marginalized. May their policies promote equality and justice; Bless our President with wisdom, courage, and humility. May he unite our nation, seeking Your guidance; We pray for a resolution to the West Philippine Sea issue, and for our people to trust in Your sovereignty; Let us, as a nation, humbly recognize our dependence on You. May our faith serve as a compass for our actions, and may Your peace dwell in our hearts; May the year 2025 be marked by reconciliation, progress, and peace within our nation. In Jesus’ name, Amen. REGINALD B. TAMAYO, Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . Marikina CityTrue freshman Luke Kromenhoek threw three touchdown passes and Caziah Holmes ran for two more as host Florida State routed Charleston Southern 41-7 on Saturday afternoon in Tallahassee, Fla. The Seminoles (2-9) convincingly snapped a six-game losing streak and ensured that the Buccaneers (1-11) would finish theirs on a 10-game skid. Florida State has not had much to celebrate during one of its worst seasons in program history. But on Saturday, the Seminoles overcame a rough start and put together one of their more complete efforts of the season. Florida State had not scored more than 21 points in a game prior to Saturday's contest and its 175 rushing yards more than doubled its average (80.5 per game) this season. No single runner had over 40 yards, but seven rushers combined for that output on 34 attempts. The Seminoles entered the game ranked 130th out of 133 FBS teams in rushing offense. Holmes, a senior, finished with three carries for 38 yards, including touchdown runs of 3 and 18 yards. Kromenhoek gave Florida State a sliver of hope for its quarterback future as he completed 13 of 20 passes for 209 yards and no interceptions. He threw TD passes for Amaree Williams, Ja'Khi Douglas and Hykeem Williams. The highlight was a 71-yard touchdown pass to Douglas on the first play from scrimmage of the second half to put the Seminoles ahead 24-0. Douglas finished with 82 yards receiving on three catches, and 10 different Florida State players caught passes for 240 total yards. The Seminoles went 6 of 10 on third downs after averaging only a 25 percent conversion rate all season. Their defense held Charleston Southern to 275 total yards (57 rushing) and forced two turnovers. Florida State was unable to hang on to the shutout, however, as Bucs quarterback Kaleb Jackson found Landon Sauers for a 7-yard touchdown pass with 57 seconds left in the fourth quarter. Jackson completed 22 of 32 passes for 218 yards, one touchdown and one interception. The Bucs defense recorded three sacks led by Davion Williams, who had eight tackles, 2.5 tackles for loss and one sack. The Seminoles will conclude their season next Saturday at home against rival Florida. --Field Level Media
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