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Sarepta Therapeutics ( NASDAQ:SRPT – Free Report ) had its price objective lowered by Piper Sandler from $200.00 to $182.00 in a research report report published on Wednesday morning, Benzinga reports. Piper Sandler currently has an overweight rating on the biotechnology company’s stock. SRPT has been the topic of a number of other research reports. William Blair raised shares of Sarepta Therapeutics to a “strong-buy” rating in a report on Friday, August 30th. Royal Bank of Canada restated an “outperform” rating and issued a $182.00 target price on shares of Sarepta Therapeutics in a report on Monday, October 21st. Guggenheim boosted their target price on shares of Sarepta Therapeutics from $148.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. HC Wainwright started coverage on Sarepta Therapeutics in a research note on Monday, November 25th. They issued a “sell” rating and a $80.00 price target on the stock. Finally, StockNews.com cut Sarepta Therapeutics from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $175.77. Get Our Latest Stock Analysis on Sarepta Therapeutics Sarepta Therapeutics Trading Down 3.3 % Institutional Investors Weigh In On Sarepta Therapeutics Institutional investors and hedge funds have recently bought and sold shares of the business. Janus Henderson Group PLC grew its position in shares of Sarepta Therapeutics by 14.2% during the third quarter. Janus Henderson Group PLC now owns 4,358,511 shares of the biotechnology company’s stock worth $544,408,000 after purchasing an additional 543,143 shares in the last quarter. Wellington Management Group LLP grew its holdings in Sarepta Therapeutics by 32.3% during the 3rd quarter. Wellington Management Group LLP now owns 2,726,613 shares of the biotechnology company’s stock valued at $340,527,000 after buying an additional 665,087 shares in the last quarter. Farallon Capital Management LLC grew its holdings in Sarepta Therapeutics by 102.8% during the 1st quarter. Farallon Capital Management LLC now owns 2,453,500 shares of the biotechnology company’s stock valued at $317,630,000 after buying an additional 1,243,427 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Sarepta Therapeutics by 2.7% in the third quarter. Geode Capital Management LLC now owns 1,696,354 shares of the biotechnology company’s stock worth $211,910,000 after buying an additional 44,306 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in shares of Sarepta Therapeutics by 9.2% in the third quarter. Jacobs Levy Equity Management Inc. now owns 753,845 shares of the biotechnology company’s stock worth $94,148,000 after buying an additional 63,437 shares in the last quarter. 86.68% of the stock is owned by institutional investors. Sarepta Therapeutics Company Profile ( Get Free Report ) Sarepta Therapeutics, Inc, a commercial-stage biopharmaceutical company, focuses on the discovery and development of RNA-targeted therapeutics, gene therapies, and other genetic therapeutic modalities for the treatment of rare diseases. It offers EXONDYS 51 injection to treat duchenne muscular dystrophy (duchenne) in patients with confirmed mutation of the dystrophin gene that is amenable to exon 51 skipping; VYONDYS 53 for the treatment of duchenne in patients with confirmed mutation of the dystrophin gene that is amenable to exon 53 skipping; AMONDYS 45 for the treatment of duchenne in patients with confirmed mutation of the dystrophin gene; and ELEVIDYS, an adeno-associated virus based gene therapy for the treatment of ambulatory pediatric patients aged 4 through 5 years with duchenne with a confirmed mutation in the duchenne gene. Read More Receive News & Ratings for Sarepta Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sarepta Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter .Rodgers, Jets dominated by Bills in 40-14 thumping
Charles Schwab Investment Management Inc. Grows Stock Position in Ryan Specialty Holdings, Inc. (NYSE:RYAN)The FBI and the Department of Homeland Security (DHS) are under fire from Senate lawmakers after declining to testify publicly at a scheduled hearing on national security threats. The decision marks a significant dismissal of a longstanding convention. Senate Homeland Security and Governmental Affairs Committee Chairman Gary Peters said the decision "robs the American people of critical information" and sidesteps "the opportunity for public accountability" on how America is kept safe . Peters, a Michigan Democrat , said this was the first time in more than 15 years that an FBI director and Homeland Security secretary had together made a refusal. The hearing typically acts as a platform for agency heads to address Congress on pressing security concerns. Topics range from weapons of mass destruction to cyberattacks . Instead, DHS Secretary Alejandro Mayorkas and FBI Director Christopher Wray opted for a classified setting. How Did the FBI and DHS Respond? Their decision comes during a politically charged period––Republican President-elect Donald Trump is interviewing candidates to replace Wray, and recently named South Dakota Governor Kristi Noem as his pick to succeed Mayorkas if re-elected. The FBI defended its position in a statement. "FBI leaders have testified extensively in public settings about the current threat environment and believe the Committee would benefit most from further substantive discussions and additional information that can only be provided in a classified setting," the agency said. The DHS echoed similar sentiments, noting that the agency and the FBI had shared extensive unclassified information publicly, including the recently published Homeland Threat Assessment. "DHS takes seriously its obligation to respond to Congressional requests for testimony," the department said, adding that Mayorkas has testified in Congress 30 times during his tenure. A 'Shocking Departure' From Tradition The Senate committee, which usually schedules the hearings months in advance, was informed on Monday of the decision. A separate House Homeland Security Committee hearing was also postponed to add to their frustrations. Despite the agencies' assurances, Peters called the decision a "shocking departure" from tradition. He argued that the classified format prevents the public from understanding how the government is addressing critical threats. "These hearings have always been a way to inform the American people about the threats we face and how the government is responding," he said. Tensions During Last Year's Hearing At last year's hearing, Mayorkas warned that the U.S. government is at risk of losing key tools for preventing terrorists from using drones , chemicals , or weapons of mass destruction if Congress doesn't act soon. He criticized the Senate for stalling a bill (Chemical Facility Anti-Terrorism Standards, or CFATS) designed to regulate chemicals and prevent their misuse in terrorism because a Republican senator worried it might hurt the competitiveness of U.S. chemical companies. There are about 3,200 high-risk facilities across the country, according to agency data. Since no agreement was reached, the government's authority to enforce these rules ended in July. A coalition of organizations urged Senate leaders to reincorporate it––but despite these initiatives, it is yet to be enforced. "Congress must not allow these DHS authorities to lapse," Mayorkas said, arguing that they are vital for protecting the country. "This is not a moment to let our guard down." This article includes reporting from the Associated PressAP News Summary at 2:48 p.m. EST
Washington: Former US President Jimmy Carter, who served as the 39th president and earned a Nobel Peace Prize in 2002, passed away peacefully on Sunday at his Plains, Georgia, home. He was 100 years old, having entered hospice care nearly two years ago. Carter, a peanut farmer turned politician, assumed office in 1977 with a commitment to restoring trust in government. Though his presidency ended in 1981 after a defeat by Ronald Reagan, Carter redefined the post-presidency, dedicating decades to humanitarian work, promoting democracy, and combating global diseases. His work on the Egypt-Israel peace agreement, known as the Camp David Accords, remains a cornerstone of his legacy. Egyptian President Abdel-Fattah el-Sissi praised Carter’s role in achieving the landmark treaty, calling it “etched in the annals of history.” Carter’s post-presidency work extended through The Carter Center, which he co-founded with his wife Rosalynn. Their initiatives included election monitoring, advancing human rights, and global health projects. Jason Carter, their grandson, noted the couple’s enduring values and grassroots approach. Former Vice President Al Gore and British Prime Minister Keir Starmer lauded Carter’s commitment to social justice, peace, and environmental advocacy. Starmer highlighted Carter’s leadership in redefining the role of former presidents. US President Joe Biden called Carter an “extraordinary leader, statesman, and humanitarian,” and announced plans for a state funeral in Washington. Former President Bill Clinton and former First Lady Hillary Clinton remembered Carter as a man driven by faith and service. The Empire State Building was lit in red, white, and blue to commemorate Carter’s life and legacy. Tributes also poured in from former President Barack Obama, Nancy Pelosi, and other global figures. Carter and Rosalynn shared a remarkable 77-year marriage, characterised by their deep bond and shared mission. Rosalynn passed away in November 2023. The pair’s love story began in Plains, Georgia, where they were both born and raised. Carter’s reflections on life, as detailed in his book Why Not The Best?, encapsulate his diverse pursuits—from engineering to canoeing to his love for Bob Dylan’s songs and Dylan Thomas’s poetry. With AP inputs
US goods trade gap widens in Nov
‘Major loss for the team’ – Ireland duo criticise FAI decision to axe coach Colin Healy from senior squadSoccer-Man United’s Amorim says he can be ruthless when required
Energy Transfer LP ( NYSE:ET – Get Free Report )’s share price fell 0.1% during trading on Friday . The stock traded as low as $19.10 and last traded at $19.24. 1,999,282 shares changed hands during trading, a decline of 85% from the average session volume of 13,669,208 shares. The stock had previously closed at $19.26. Wall Street Analysts Forecast Growth ET has been the topic of a number of recent analyst reports. The Goldman Sachs Group boosted their price target on shares of Energy Transfer from $17.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, December 19th. Bank of America assumed coverage on Energy Transfer in a report on Thursday, October 17th. They issued a “buy” rating and a $20.00 target price for the company. Royal Bank of Canada lifted their price target on Energy Transfer from $20.00 to $23.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Wells Fargo & Company increased their price objective on Energy Transfer from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Finally, Barclays raised their price target on shares of Energy Transfer from $18.00 to $22.00 and gave the stock an “overweight” rating in a report on Friday, December 20th. One investment analyst has rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $20.55. View Our Latest Analysis on ET Energy Transfer Price Performance Energy Transfer ( NYSE:ET – Get Free Report ) last issued its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.32 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.32. The firm had revenue of $20.77 billion for the quarter, compared to analyst estimates of $21.59 billion. Energy Transfer had a return on equity of 12.38% and a net margin of 5.90%. The company’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.31 earnings per share. As a group, analysts anticipate that Energy Transfer LP will post 1.32 earnings per share for the current year. Energy Transfer Cuts Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Shareholders of record on Friday, November 8th were issued a dividend of $0.3225 per share. This represents a $1.29 dividend on an annualized basis and a yield of 6.69%. The ex-dividend date of this dividend was Friday, November 8th. Energy Transfer’s dividend payout ratio is currently 94.85%. Hedge Funds Weigh In On Energy Transfer Several institutional investors have recently modified their holdings of ET. FMR LLC lifted its holdings in Energy Transfer by 44.0% during the third quarter. FMR LLC now owns 33,379,297 shares of the pipeline company’s stock valued at $535,738,000 after purchasing an additional 10,195,768 shares during the last quarter. Tortoise Capital Advisors L.L.C. lifted its stake in shares of Energy Transfer by 12.7% during the 2nd quarter. Tortoise Capital Advisors L.L.C. now owns 36,668,846 shares of the pipeline company’s stock valued at $594,769,000 after buying an additional 4,141,715 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of Energy Transfer by 1,491.0% during the 3rd quarter. International Assets Investment Management LLC now owns 4,175,731 shares of the pipeline company’s stock valued at $67,020,000 after buying an additional 3,913,266 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Energy Transfer by 36.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 11,563,478 shares of the pipeline company’s stock worth $185,594,000 after buying an additional 3,106,631 shares during the period. Finally, Citigroup Inc. grew its stake in Energy Transfer by 45.9% in the 3rd quarter. Citigroup Inc. now owns 9,581,762 shares of the pipeline company’s stock valued at $153,787,000 after buying an additional 3,013,973 shares in the last quarter. 38.22% of the stock is owned by institutional investors. About Energy Transfer ( Get Free Report ) Energy Transfer LP provides energy-related services. The company owns and operates natural gas transportation pipeline, and natural gas storage facilities in Texas and Oklahoma; and approximately 20,090 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. See Also Five stocks we like better than Energy Transfer Dividend Screener: How to Evaluate Dividend Stocks Before Buying Buffett Takes the Bait; Berkshire Buys More Oxy in December REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today Top 3 ETFs to Hedge Against Inflation in 2025 Insider Selling Explained: Can it Inform Your Investing Choices? These 3 Chip Stock Kings Are Still Buys for 2025 Receive News & Ratings for Energy Transfer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Transfer and related companies with MarketBeat.com's FREE daily email newsletter .Tahj Brooks shines in final home game as Texas Tech routs West Virginia 52-15
Faster, Smarter, and More Affordable – The U.S.-Made GEN3 Model Delivers Endless Hot Water, Exceptional Efficiency, and Adaptable Design for Every Home SCOTTSDALE, Ariz. , Dec. 2, 2024 /PRNewswire/ -- TrutanklessTM (OTC: TKLS), the premier name in residential electric tankless water heaters, proudly announces the launch of its highly anticipated GEN3 model. Known for its innovation and engineering excellence, Trutankless is back with a cutting-edge solution that promises unmatched reliability, efficiency, and performance for every household. The Trutankless GEN3, shipping now from a U.S.-based manufacturing partner, is built to meet the needs of today's homeowners, combining professional-grade durability with advanced technology for a superior user experience. With faster time-to-temperature – reaching the set point in just 15 seconds, twice as fast as previous models – the GEN3 delivers endless hot water with exceptional energy efficiency. Its sleek, compact, wall-mounted design saves up to 9 square feet of space compared to traditional tanks, making it ideal for modern homes. "Our goal with the GEN3 is to redefine what homeowners can expect from a water heater," said Guy Newman , CEO of Trutankless. "We've taken everything our customers love about Trutankless and made it even better, more reliable, more efficient, and more adaptable to modern living, while keeping affordability in focus." The Trutankless GEN3 is packed with features that set it apart: Every Trutankless GEN3 unit is engineered, tested, and built in the U.S. to meet the highest standards of quality. Backed by an industry-leading protection plan for sellers with a 5-year parts warranty and a 2-year full system warranty, GEN3 ensures long-term peace of mind for homeowners. Trutankless has a legacy of innovation, previously recognized as the Best Home Technology Product by the National Association of Home Builders. With GEN3, the brand continues to lead the electric tankless water heater industry, setting new benchmarks in performance and sustainability. The Trutankless GEN3 is available for purchase through authorized dealers and installers. For more information or to find a local installer, visit https://www.trutankless.com/ . About TrutanklessTM TrutanklessTM is a leading innovator in electric tankless water heating technology. Dedicated to providing efficient, reliable, and eco-friendly solutions, Trutankless continues to set the standard for performance and innovation in the residential water heating industry. https://www.instagram.com/trutankless/ https://www.facebook.com/trutankless https://www.linkedin.com/company/trutankless / View original content to download multimedia: https://www.prnewswire.com/news-releases/trutankless-shipping-gen3-redefining-electric-tankless-water-heating-302320061.html SOURCE Trutankless, Inc.By JOSH BOAK WASHINGTON (AP) — President Joe Biden said Tuesday he was “stupid” not to put his own name on pandemic relief checks in 2021, noting that Donald Trump had done so in 2020 and likely got credit for helping people out through this simple, effective act of branding. Biden did the second-guessing as he delivered a speech at the Brookings Institution defending his economic record and challenging Trump to preserve Democratic policy ideas when he returns to the White House next month. Related Articles National Politics | Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina Khan National Politics | Donald Trump is returning to the world stage. So is his trolling National Politics | Biden issues veto threat on bill expanding federal judiciary as partisan split emerges National Politics | Trump lawyers and aide hit with 10 additional felony charges in Wisconsin over 2020 fake electors National Politics | After withdrawing as attorney general nominee, Matt Gaetz lands a talk show on OANN television As Biden focused on his legacy with his term ending, he suggested Trump should keep the Democrats’ momentum going and ignore the policies of his allies. The president laid out favorable recent economic data but acknowledged his rare public regret that he had not been more self-promotional in advertising the financial support provided by his administration as the country emerged from the pandemic. “I signed the American Rescue Plan, the most significant economic recovery package in our history, and also learned something from Donald Trump,” Biden said at the Washington-based think tank. “He signed checks for people for 7,400 bucks ... and I didn’t. Stupid.” The decision by the former reality TV star and real estate developer to add his name to the checks sent by the U.S. Treasury to millions of Americans struggling during the coronavirus marked the first time a president’s name appeared on any IRS payments. Biden and Vice President Kamala Harris , who replaced him as the Democratic nominee , largely failed to convince the American public of the strength of the economy. The addition of 16 million jobs, funding for infrastructure, new factories and investments in renewable energy were not enough to overcome public exhaustion over inflation, which spiked in 2022 and left many households coping with elevated grocery, gasoline and housing costs. More than 6 in 10 voters in November’s election described the economy as “poor” or “not so good,” according to AP VoteCast, an extensive survey of the electorate. Trump won nearly 7 in 10 of the voters who felt the economy was in bad shape, paving the way for a second term as president after his 2020 loss to Biden. Biden used his speech to argue that Trump was inheriting a strong economy that is the envy of the world. The inflation rate fell without a recession that many economists had viewed as inevitable, while the unemployment rate is a healthy 4.2% and applications to start new businesses are at record levels. Biden called the numbers under his watch “a new set of benchmarks to measure against the next four years.” “President-elect Trump is receiving the strongest economy in modern history,” said Biden, who warned that Trump’s planned tax cuts could lead to massive deficits or deep spending cuts. He also said that Trump’s promise of broad tariffs on foreign imports would be a mistake, part of a broader push Tuesday by the administration to warn against Trump’s threatened action. Treasury Secretary Janet Yellen also issued a word of caution about them at a summit of The Wall Street Journal’s CEO Council. “I think the imposition of broad based tariffs, at least of the type that have been discussed, almost all economists agree this would raise prices on American consumers,” she said. Biden was also critical of Trump allies who have pushed Project 2025 , a policy blueprint from the Heritage Foundation that calls for a complete overhaul of the federal government. Trump has disavowed participation in it, though parts were written by his allies and overlap with his stated views on economics, immigration, education policy and civil rights. “I pray to God the president-elect throws away Project 2025,” Biden said. “I think it would be an economic disaster.” Associated Press writer Fatima Hussein in Washington contributed to this report.
Donald Trump is returning to the world stage. So is his trolling