queenie digital circus
queenie digital circus
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American Airlines says it has resumed service Tuesday morning following a brief outage that grounded all its flights during one of the busiest travel periods of the year. According to American Airlines, flight delays experienced in the United States were a result of a “vendor technology issue”. The airline spokesman, Sarah Jantz disclosed that flights began again at around 8 am ET, and flights have since resumed. The Allied Pilots Association said the delays were due to the Airlines’ Flight Operations System, known as FOS, that briefly went down Tuesday morning. FOS handles the airline’s operations, including passenger boarding. According to the union, American Airlines has backup flight planning tools to prevent an outage from shutting down the entire airline for extended periods of time, stating that pilots and crew are trained to understand how to navigate a system outage. Meanwhile, the Federal Aviation Administration, in a statement, has lifted its nationwide groundstop order for all American flights. The FAA said American requested a nationwide groundstop but it referred all questions to the airline for more information. According to CNN, the aviation analytics firm Cirium reveals that the outage experienced by American Airlines came on a day when the airline is scheduled to have more than 3,300 domestic flights. However, services have resumed with residual delays but without a substantial number of cancellations. “It’s all hands on deck as our team is working diligently to get customers where they need to go as quickly as possible,” American Airlines said. “We apologize to our customers for the inconvenience.” According to them, delayed customers should be on their way with minimal disruption. “Expect some delays throughout the day but [we’re] working to mitigate those and avoid cancels,” Jantz said. “We have a smaller schedule today and have the staffing to support the quick recovery.” CNN reports that 26 flights across all airlines were cancelled nationwide, according to data tracker FlightAware. More than 1,000 flights into, within and out of the United States were delayed – a number that picked up shortly after the American outage, but it could also be caused by airport congestion and some winter weather in the Northeast. ALSO READ TOP STORIES FROM NIGERIAN TRIBUNE
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This is the first time a French government has fallen in a vote of no confidence since 1962. Emmanuel Macron is now under pressure to appoint a new prime minister capable of managing parliament and dealing with growing economic problems. He began his speech by defending his decision to call snap parliamentary elections this summer. "The election resulted in a hung parliament in which no party had an overall majority," he said, adding: "I was elected to serve until 2027 and I will fulfill that mandate." He noted that he knows that some now want to "point the finger" at him and that he has always accepted his responsibilities - but never those of others. Macron said some political groups had chosen "chaos", saying they "don't want to build, they want to tear down". He asserted that they do not think about the voters" and that they want to provoke new presidential elections. He also pointed out that France cannot have new parliamentary elections for 10 months, after the extraordinary elections in July. Macron added that he was dealing with many challenges, including the COVID pandemic and the growing cost of living crisis, then asserted that "a new era begins today". "We must work together for France," he said. He said his focus would be to make France "stronger" and "fairer". He stressed that the government must work together to address the challenges facing the country, with "the interests of you and your children at heart." Earlier today, he met with right-wing Prime Minister Michel Barnier, who submitted his resignation letter. The move came after Barnier tried to push through his budget without a vote in parliament, which was strongly opposed by Le Pen. After the fall of the government, many politicians in France called on Macron to resign. Macron, whose presidency runs until 2027, has so far shown no signs of bowing to the pressure. The political turmoil gripping France has rattled investors and risks weakening a European Union already reeling from the implosion of Germany's coalition government and trying to present a united front ahead of Donald Trump's return to the White House. Podeli:
A notable insider purchase on December 23, was reported by Neil E. de Crescenzo , Board Member at CCC Intelligent Solutions CCCS , based on the most recent SEC filing. What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Crescenzo purchased 100,000 shares of CCC Intelligent Solutions, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $1,216,240. In the Tuesday's morning session, CCC Intelligent Solutions 's shares are currently trading at $12.16, experiencing a up of 2.36%. About CCC Intelligent Solutions CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States. Breaking Down CCC Intelligent Solutions's Financial Performance Positive Revenue Trend: Examining CCC Intelligent Solutions's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.84% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector. Profitability Metrics: Gross Margin: The company maintains a high gross margin of 76.91% , indicating strong cost management and profitability compared to its peers. Earnings per Share (EPS): With an EPS below industry norms, CCC Intelligent Solutions exhibits below-average bottom-line performance with a current EPS of 0.004566 . Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.43 . Insights into Valuation Metrics: Price to Earnings (P/E) Ratio: The P/E ratio of 169.71 is lower than the industry average, implying a discounted valuation for CCC Intelligent Solutions's stock. Price to Sales (P/S) Ratio: The current P/S ratio of 8.09 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance. EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): CCC Intelligent Solutions's EV/EBITDA ratio, lower than industry averages at 30.29 , indicates attractively priced shares. Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. Navigating the Impact of Insider Transactions on Investments Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis. Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction. Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise. But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors. Unlocking the Meaning of Transaction Codes In the domain of transactions, investors frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company. Check Out The Full List Of CCC Intelligent Solutions's Insider Trades. Insider Buying Alert: Profit from C-Suite Moves Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. Click here for access . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.U.S. stock indexes edged higher in morning trading Tuesday, as gains for some Big Tech stocks made up for weakness elsewhere in the market. The S&P 500 rose 0.4%. The Dow Jones Industrial Average was up 14 points, or 0.1%, as of 9:58 a.m. Eastern time. The tech-heavy Nasdaq composite was up 0.7%. Gains in technology, financial and other sectors tempered a pullback by health care, energy and other stocks. Chip company Broadcom rose 1.3%, while semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 1.2%. American Airlines fell 1.2% after the airline briefly grounded flights nationwide due to a technical issue. U.S. Steel slipped 0.5% a day after an influential government panel failed to reach consensus on the possible national security risks of the nearly $15 billion proposed sale to Nippon Steel of Japan. Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.62% from 4.59% late Monday. European markets were mostly higher. Markets in Asia mostly gained ground. U.S. markets will close at 1 p.m. Eastern and stay closed Wednesday for Christmas. Wall Street has several economic reports to look forward to this week, including a weekly update on unemployment benefits on Thursday.
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