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VANCOUVER — The Better Business Bureau in British Columbia is warning Taylor Swift fans of scams ahead of the superstar's Vancouver concerts, highlighting one case in which a social media profile was allegedly hacked and used to sell fake tickets. It says $2,000 was stolen from fans hoping to attend the shows, which will be at BC Place on Friday, Saturday and Sunday. The warning comes after police in Toronto last month arrested a woman for allegedly selling about $70,000 worth of fake Swift tickets ahead of the concerts there. The Better Business Bureau said in a news release on Monday that the case in B.C. was reported on its Scam Tracker database. It said the complainant, who wasn't identified, reported that scammers took over her social media profile and used its messaging function to trick people into buying "non-existent concert tickets." The bureau said people needed to be vigilant when buying tickets online, especially for major events such as Swift's concerts that could be "a hot spot" for scammers. It advised fans to buy tickets from trusted vendors or reputable brokers while also double-checking with sellers about the tickets' authenticity even if they are a friend or an acquaintance. Using credit cards for the purchase may also grant consumers some protection, the bureau said. "If someone claims to be selling tickets to a sold-out concert just before the date or at an amazing price, think twice," it said. "Scammers love to prey on fans of any artist or sporting event by claiming to have impossible-to-get-tickets for them." Swift's three sold-out shows at Vancouver's B.C. Place end her record-breaking Eras Tour. As the city prepared for thousands of fans to descend, transit operator TransLink said Monday it would provide extra bus, SkyTrain, and SeaBus services on all three concert nights. It said the West Coast Express commuter train would also run on Saturday, leaving Mission, B.C. at 4 p.m. to head into the city and then returning from Vancouver's Waterfront Station at midnight. The statement said fans could expect a singalong on the SeaBus and live performances at Stadium–Chinatown SkyTrain Station near B.C. Place, with extra staff working to help manage crowds. This report by The Canadian Press was first published Dec. 2, 2024. The Canadian Press‘Burn people at the stake’: Ange slams cancel culture after ‘harsh’ Bentancur ban

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CIBC Asset Management Inc bought a new stake in shares of Cathay General Bancorp ( NASDAQ:CATY – Free Report ) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,683 shares of the bank’s stock, valued at approximately $201,000. A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. SG Americas Securities LLC raised its stake in shares of Cathay General Bancorp by 504.2% in the second quarter. SG Americas Securities LLC now owns 24,568 shares of the bank’s stock worth $927,000 after buying an additional 20,502 shares during the period. Sanctuary Advisors LLC purchased a new stake in Cathay General Bancorp in the 2nd quarter worth approximately $378,000. AQR Capital Management LLC increased its holdings in Cathay General Bancorp by 39.4% in the 2nd quarter. AQR Capital Management LLC now owns 29,804 shares of the bank’s stock worth $1,124,000 after acquiring an additional 8,429 shares in the last quarter. Choreo LLC bought a new stake in Cathay General Bancorp during the 2nd quarter worth approximately $499,000. Finally, CWA Asset Management Group LLC purchased a new position in Cathay General Bancorp during the third quarter valued at approximately $671,000. 75.01% of the stock is owned by hedge funds and other institutional investors. Analysts Set New Price Targets Several analysts have recently commented on CATY shares. Wedbush raised their price objective on shares of Cathay General Bancorp from $50.00 to $52.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Truist Financial increased their price target on Cathay General Bancorp from $45.00 to $47.00 and gave the stock a “hold” rating in a research note on Friday, September 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $44.00. Cathay General Bancorp Trading Up 2.5 % Shares of CATY opened at $52.81 on Friday. The firm has a market cap of $3.76 billion, a P/E ratio of 13.30 and a beta of 1.10. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.03 and a quick ratio of 1.03. Cathay General Bancorp has a 1 year low of $33.88 and a 1 year high of $54.07. The company has a 50 day simple moving average of $46.08 and a two-hundred day simple moving average of $41.84. Cathay General Bancorp ( NASDAQ:CATY – Get Free Report ) last posted its earnings results on Monday, October 21st. The bank reported $0.94 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.01). The company had revenue of $359.86 million for the quarter, compared to analysts’ expectations of $182.70 million. Cathay General Bancorp had a net margin of 20.57% and a return on equity of 11.30%. During the same period in the previous year, the business posted $1.13 earnings per share. On average, equities analysts expect that Cathay General Bancorp will post 3.99 earnings per share for the current fiscal year. Cathay General Bancorp Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Wednesday, November 27th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.36 annualized dividend and a dividend yield of 2.58%. Cathay General Bancorp’s dividend payout ratio (DPR) is 34.26%. Insider Buying and Selling In related news, EVP Thomas M. Lo sold 900 shares of the stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $47.00, for a total value of $42,300.00. Following the completion of the transaction, the executive vice president now owns 3,359 shares of the company’s stock, valued at approximately $157,873. This trade represents a 21.13 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, Vice Chairman Peter Wu sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $52.87, for a total value of $2,114,800.00. Following the sale, the insider now directly owns 295,252 shares in the company, valued at $15,609,973.24. The trade was a 11.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last three months, insiders have sold 60,590 shares of company stock worth $3,055,488. Corporate insiders own 4.76% of the company’s stock. Cathay General Bancorp Profile ( Free Report ) Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. Featured Articles Five stocks we like better than Cathay General Bancorp High Dividend REITs: Are They an Ideal Way to Diversify? Vertiv’s Cool Tech Makes Its Stock Red-Hot What Are Dividend Contenders? Investing in Dividend Contenders MarketBeat Week in Review – 11/18 – 11/22 Best Stocks Under $10.00 2 Finance Stocks With Competitive Advantages You Can’t Ignore Want to see what other hedge funds are holding CATY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cathay General Bancorp ( NASDAQ:CATY – Free Report ). Receive News & Ratings for Cathay General Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cathay General Bancorp and related companies with MarketBeat.com's FREE daily email newsletter .

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