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MAI Capital Management cut its holdings in shares of Manhattan Associates, Inc. ( NASDAQ:MANH – Free Report ) by 44.0% during the third quarter, Holdings Channel.com reports. The fund owned 1,557 shares of the software maker’s stock after selling 1,221 shares during the period. MAI Capital Management’s holdings in Manhattan Associates were worth $438,000 at the end of the most recent reporting period. Several other large investors have also made changes to their positions in the business. GAMMA Investing LLC lifted its holdings in Manhattan Associates by 47.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,186 shares of the software maker’s stock worth $334,000 after purchasing an additional 382 shares in the last quarter. Boston Trust Walden Corp lifted its holdings in shares of Manhattan Associates by 3.3% in the second quarter. Boston Trust Walden Corp now owns 109,542 shares of the software maker’s stock worth $27,022,000 after buying an additional 3,525 shares in the last quarter. Mediolanum International Funds Ltd boosted its position in shares of Manhattan Associates by 602.0% during the third quarter. Mediolanum International Funds Ltd now owns 20,042 shares of the software maker’s stock worth $5,607,000 after acquiring an additional 17,187 shares during the last quarter. Chartwell Investment Partners LLC grew its stake in Manhattan Associates by 31.1% during the third quarter. Chartwell Investment Partners LLC now owns 21,557 shares of the software maker’s stock valued at $6,065,000 after acquiring an additional 5,119 shares in the last quarter. Finally, M&G Plc increased its holdings in Manhattan Associates by 2.1% in the 2nd quarter. M&G Plc now owns 316,243 shares of the software maker’s stock valued at $78,112,000 after acquiring an additional 6,511 shares during the last quarter. 98.45% of the stock is currently owned by hedge funds and other institutional investors. Manhattan Associates Stock Up 3.1 % NASDAQ MANH opened at $280.40 on Friday. Manhattan Associates, Inc. has a 52 week low of $199.23 and a 52 week high of $307.50. The firm has a market capitalization of $17.13 billion, a price-to-earnings ratio of 79.66 and a beta of 1.52. The company has a fifty day moving average of $280.92 and a two-hundred day moving average of $254.34. Analyst Upgrades and Downgrades Several research analysts have commented on MANH shares. StockNews.com downgraded shares of Manhattan Associates from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. DA Davidson raised their price target on Manhattan Associates from $285.00 to $315.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Truist Financial upped their price objective on Manhattan Associates from $275.00 to $310.00 and gave the stock a “buy” rating in a report on Friday, October 11th. Robert W. Baird raised their target price on shares of Manhattan Associates from $263.00 to $304.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. Finally, Raymond James upped their price target on shares of Manhattan Associates from $255.00 to $305.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $286.38. Get Our Latest Report on Manhattan Associates Manhattan Associates Profile ( Free Report ) Manhattan Associates, Inc develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Warehouse Management Solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and Transportation Management Solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, POS, and customer engagement tools for enterprises and stores. Featured Articles Want to see what other hedge funds are holding MANH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Manhattan Associates, Inc. ( NASDAQ:MANH – Free Report ). Receive News & Ratings for Manhattan Associates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manhattan Associates and related companies with MarketBeat.com's FREE daily email newsletter .NEW YORK (AP) — Donald Trump used his image as a successful New York businessman to become a celebrity, a reality television star and eventually the president. Now he will get to revel in one of the most visible symbols of success in the city when he rings the opening bell of the New York Stock Exchange on Thursday as he's also named Time Magazine's Person of the Year. Trump is expected to be on Wall Street to mark the ceremonial start of the day's trading, according to four people with knowledge of his plans. He will also be announced Thursday as Time's 2024 Person of the Year , according to a person familiar with the selection. The people who confirmed the stock exchange appearance and Time award were not authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity. It will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who at times has treated the stock market as a measure of public approval and has long-prized signifiers of his success in New York's business world and his appearances on the covers of magazines — especially Time. Trump was named the magazine's Person of the Year in 2016, when he was first elected to the White House. He had already been listed as a finalist for this year's award alongside Vice President Kamala Harris, X owner Elon Musk, Israeli Prime Minister Benjamin Netanyahu and Kate, the Princess of Wales. Time declined to confirm the selection ahead of Thursday morning's announcement. “Time does not comment on its annual choice for Person of the Year prior to publication,” a spokesperson for the magazine said Wednesday. The ringing of the bell is a powerful symbol of U.S. capitalism — and a good New York photo opportunity at that. Despite his decades as a New York businessman, Trump has never done it before. It was unclear whether Trump, a Republican, would meet with New York's embattled mayor, Democrat Eric Adams , who has warmed to Trump and has not ruled out changing his political party. Adams has been charged with federal corruption crimes and accused of selling influence to foreign nationals; he has denied wrongdoing. Trump himself was once a symbol of New York, but he gave up living full-time in his namesake Trump Tower in Manhattan and moved to Florida after leaving the White House. CNN first reported Wednesday Trump’s visit to the stock exchange and Politico reported that Trump was expected to be unveiled as Time's Person of the Year. The stock exchange regularly invites celebrities and business leaders to participate in the ceremonial opening and closing of trading. During Trump’s first term, his wife, Melania Trump, rang the bell to promote her “Be Best” initiative on children’s well-being. Last year, Time CEO Jessica Sibley rang the opening bell to unveil the magazine's 2023 Person of the Year: Taylor Swift . After the Nov. 5 election, the S&P 500 rallied 2.5% for its best day in nearly two years. The Dow Jones Industrial Average surged 1,508 points, or 3.6%, while the Nasdaq composite jumped 3%. All three indexes topped records they had set in recent weeks. The U.S. stock market has historically tended to rise regardless of which party wins the White House, with Democrats scoring bigger average gains since 1945. But Republican control could mean big shifts in the winning and losing industries underneath the surface, and investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean. Trump has long courted the business community based on his own status as a wealthy real estate developer who gained additional fame as the star of the TV show “The Apprentice” in which competitors tried to impress him with their business skills. He won the election in part by tapping into Americans' deep anxieties about an economy that seemed unable to meet the needs of the middle class. The larger business community has applauded his promises to reduce corporate taxes and cut regulations. But there are also concerns about his stated plans to impose broad tariffs and possibly target companies that he sees as not aligning with his own political interests. Trump spends the bulk of his time at his Florida home but was in New York for weeks this spring during his hush money trial there. He was convicted, but his lawyers are pushing for the case to be thrown out in light of his election. While he spent hours in a Manhattan courthouse every day during his criminal trial, Trump took his presidential campaign to the streets of the heavily Democratic city, holding a rally in the Bronx and popping up at settings for working-class New Yorkers: a bodega, a construction site and a firehouse. Trump returned to the city in September to meet with Ukrainian President Volodymyr Zelenskyy at his Manhattan tower and again in the final stretch of the presidential campaign when he held a rally at Madison Square Garden that drew immediate blowback as speakers made rude and racist insults and incendiary remarks . At the stock exchange, the ringing of the bell has been a tradition since the 1800s. The first guest to do it was a 10-year-old boy named Leonard Ross, in 1956, who won a quiz show answering questions about the stock market. Many times, companies listing on the exchange would ring the bell at 9:30 a.m. to commemorate their initial offerings as trading began. But the appearances have become an important marker of culture and politics -- something that Trump hopes to seize as he’s promised historic levels of economic growth. The anti-apartheid advocate and South African President Nelson Mandela rang the bell, as has Hollywood star Sylvester Stallone with his castmates from the film “The Expendables.” So, too, have the actors Robert Downey Jr. and Jeremy Renner for an “Avengers” movie and the Olympians Michael Phelps and Natalie Coughlin. In 1985, Ronald Reagan became the first sitting U.S. president to ring the bell. “With tax reform and budget control, our economy will be free to expand to its full potential, driving the bears back into permanent hibernation,” Reagan said at the time. “We’re going to turn the bull loose.” The crowd of traders on the floor chanted, “Ronnie! Ronnie! Ronnie!” The Dow Jones Industrial Average climbed in 1985 and 1986, but it suffered a decline in October 1987 in an event known as “Black Monday.” Long reported from Washington. Associated Press writer Josh Boak in Washington contributed to this report.The Apple Watch is a technological marvel that seamlessly integrates into our daily lives, providing us with a plethora of features and functionalities right at our wrist. However, one peculiar phenomenon that many Apple Watch users have undoubtedly encountered is its tendency to inexplicably stick to glass surfaces. This seemingly magical occurrence can be attributed to the intriguing properties of optically clear adhesive (OCA) that is used in the construction of the Apple Watch, which we will delve into in this article.
SIMON CALASANZ—CONTRIBUTED PHOTO If, like millions of Filipinos, you’ve ever tried to send or receive money from overseas, you know the can be a process packed with hurdles and headaches. I remember when a former colleague now based overseas was attempting to send money into the Philippines to pay for urgent house repairs after her parent’s home in the Visayas region was devastated by a typhoon. What should’ve been a straightforward transfer turned into a slow, stressful ordeal, bogged down by delays and fees. For a country like ours, where remittances are a pillar of the economy and deeply woven into the fabric of Filipino society, this situation is unsustainable. As more Filipinos seek employment opportunities overseas—whether in health care, education and hospitality— the payments ecosystem must evolve to help alleviate this pain point for those who rely on it the most. The Philippines was the fourth-largest recipient of remittances in 2022, after India, Mexico and China, with $38 billion worth of inflows. This accounted for around 9 percent of the country’s GDP (gross domestic product), according to the World Bank. Addressing this growing demand is crucial. At Mastercard we are motivated to simplify the remittance process for those who depend on it to support families, be it to pay medical bills, cover everyday expenses, or urgent house repairs as in my case. The welcome news is that Bangko Sentral ng Pilipinas is finalizing a blueprint for instant cross-border payments, collaborating with other central banks in the Asean region to strengthen payment connectivity. This effort will support and facilitate international trade, investment and other economic activities. While these developments are promising, it is also important to have a deeper understanding of user behaviors and pain points. To that end, we developed the Mastercard Borderless Payment Report, a global study that sheds light on cross-border and domestic payment experiences for more than 11,000 participants in 15 countries, including the Philippines, to do just that. The report revealed a growing demand for cross-border payments in the Philippines, half of the respondents expecting to increase their cross-border transactions over the past 12 months. Moreover, 87 percent of small and medium-sized enterprises (SMEs) are eager to expand their business operations internationally. Yet, the current reality of cross-border transactions in the Philippines has fallen short of customer expectations. A quarter of SMEs have experienced an issue with cross-border transactions resulting in a late or failed payment. Thirty-eight percent of consumers cites lower transaction costs as the most important factor when choosing a brand or company for cross-border payments. The thorny issue of fraud and scams is also concerning, with 38 percent of consumers having been a victim of fraud or scams when making a domestic payment, and 30 percent when making a cross-border payment. Tackling these pain points requires more than individual efforts from companies or regulators—the demands cross-industry collaboration and partnerships. At Mastercard, we’ve made strides in addressing fraud. In 2023, Mastercard prevented $20 billion in fraud losses globally with its AI-powered cybersecurity solutions. Our partnerships with banks and payment service providers in the Philippines focus on leveraging digital technologies for faster, more secure and efficient cross-border payments. For example, our send-to-card service within Mastercard Move’s money movement portfolio allows overseas Filipinos to transfer money almost instantly to an eligible Mastercard debit, prepaid or credit card issued in the Philippines. The service enables money movement that empowers people and businesses to transact with confidence. Ultimately, sending money home should be simple and straightforward, allowing support across continents. As remittances grow during the upcoming holiday season, banks, payment service providers and governments must continue to collaborate to improve both infrastructure and user experience. Together, we can open doors to greater inclusion and improve the lives of millions of people in the Philippines. —contributed INQ 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 . The author is country manager for the Philippines of MastercardJasonDoiy On Wednesday, the U.S. Bureau of Labor Statistics will report inflation rates for November 2024. The report will test the stock market’s relentless record-setting rally. The S&P 500 ( IVV ) closed higher for the third straight week. It advanced Please [+] Follow me for coverage on deeply discounted stocks. To get more beyond these articles, get do-it-yourself tips and tricks in three ways: Chris Lau is an individual investor and economist with 30 years of experience covering life science, technology, and dividend-growth income stocks. He has degrees in Microbiology and Economics. Chris runs the investing group DIY Value Investing where he shares his top stock picks of undervalued stocks with catalysts for upside, dividend-income recommendations with quant and payment calendar tracking, high upside plays, and research requests to help you become a better do-it-yourself investor. Learn more. Top Pick this year : this stock has become the best ever top pick . Highlighted is the one-day change, the editor's pick, and daily gain. The returns from the public articles are: 2023 Average Return: 8.4% 2022 Average Return: 6.9% 2021 Average Return 29.90% 2020 Average Return: 49.9% Flagship Products: 1. Top DIY Picks: Undervalued stocks have upcoming catalysts that markets do not expect. 2. Dividend-income Champs that have a long history of dividend growth. Includes printable calendar and quantitative scores. 3. DIY Risky Picks for a speculative allocation positive momentum for up to a moonshot, triple return. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. 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While the decision to downgrade the VIP service may come as a disappointment to some users, it is important to understand the rationale behind Tencent Video's move. By preventing account sharing and ensuring fair access to premium content, Tencent Video is taking a proactive stance to protect the interests of both the company and its legitimate subscribers.
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Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000The incident has ignited a heated debate among environmentalists, conservationists, and the general public about the delicate balance between economic necessity and environmental sustainability. While it is undeniable that many individuals, especially those living in poverty, rely on recycling as a means of income, the destructive consequences of such unsustainable practices cannot be ignored.
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Giannis Antetokounmpo, Bucks rally to beat NetsIn conclusion, the apology from Zhao Liying's two black fans is a significant step towards rectifying the damage caused by their malicious actions. It is a reminder that everyone has the power to make amends and promote harmony in a world that is often filled with conflict and animosity. Let us learn from this incident and work towards a more compassionate and understanding society, both online and in the offline world.NoneAll India Majlis-E-Ittehadul Muslimeen (AIMIM)’s Mufti Mohammad Ismail Abdul Khalique who contested from Malegaon central in the Maharashtra Assembly elections won the seat by a mere 162 votes. Khalique won bagging 1,09,332 in a close contest against the Indian Secular Largest Assembly of Maharashtra party’s Asif Sheikh Rasheed with 1,09,257. Abdul Khalique is a prominent political figure and candidate representing the AIMIM from the Malegaon Central constituency in Maharashtra. Born on January 30, 1961, in Nayapura, he has established himself as a businessperson and social worker within the community. Khalique previously won the Assembly election in 2019, marking his first term as an MLA. He is known for his active involvement in local welfare initiatives and has garnered a reputation as a significant leader among the Muslim population in Malegaon. Despite his political contributions, Khalique’s career has not been without controversy. He faced multiple legal challenges, with several cases registered against him under various sections of the Indian Penal Code (IPC) and the Mumbai Police Act. These include allegations related to public order offences. His father, Mohammed Abdul Khalique, has also been influential in shaping his political journey. The AIMIM has only won one of the 16 Assembly seats that the party contested in the Maharashtra elections. Former MP Imtiyaz Jaleel lost Aurangabad East after a close contest against Bharatiya Janata Party (BJP)’s Atul Moreshwar Save. He lost the seats by a mere 2161 votes. AIMIM chief and Hyderabad MP Asaduddin Owaisi congratulated Mohammad Ismail Abdul Khalique for his second consecutive win in the Maharashtra Assembly elections. Taking on X, Owaisi thanked the people of Maharashtra and extended his wishes to other AIMIM candidates who lost the elections. “To our candidates, party workers and supporters, I urge you all to not lose heart and work with renewed resolve. If anything, the election results show that the people are looking for a genuine political alternative and that Majlis has established itself in Maharashtra’s politics,” Owaisi wrote on X. Congratulations to Mufti Ismail sahab on being elected as Malegaon MLA for a second time. I am thankful to the people of Maharashtra who voted for us in large numbers. To our candidates, party workers and supporters, I urge you all to not lose heart and work with renewed resolve.... He also extended wishes to Imtiaz Jaleel who lost the Aurangabad East seat to BJP’s Atul Moreshwar Save. While Save scored 93274 votes, Jaleel secured 91113 votes. “ @imtiaz_jaleel led the party in a tough battle & and his own seat wasn’t easy. But I am confident that he will bounce back again inshallah. Imtiaz Jaleel is not a typical politician, and I (am) sure that this is just a hiccup in his political journey,” Owaisi wrote on X.
