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Eli Lilly & Co. stock underperforms Tuesday when compared to competitorsShine Time LLC Offering Pressure Washing Services to the Fairfield, CT Community 12-10-2024 10:54 PM CET | Politics, Law & Society Press release from: ABNewswire Fairfield, CT - Residential and commercial property owners in need of pressure washing [ https://shinetimect.vercel.app/pressure-washing-company-in-fairfield-ct ] services are invited to reach out to Shine Time LLC, [ https://shinetimect.vercel.app/ ] a locally owned and operated business. This company, which specializes in exterior cleaning, is experienced in washing a vast range of surfaces, including porches, patios, driveways, sidewalks, and property exteriors. By using pressurized water, Shine Time LLC is able to remove dirt, moss, algae, and other forms of debris from these surfaces, leaving properties more visually appealing and customers satisfied. Clients of Shine Time LLC enjoy many benefits as a result of scheduling pressure washing services. For instance, pressure washing strips away layers of debris and increases the visual appeal of exterior surfaces. Additionally, pressure washing can lengthen the life span of surfaces. The removal of debris reduces the amount of wear and tear these surfaces undergo, thus allowing them to last longer without needing repairs. Services Provided By Shine Time LLC Shine Time LLC provides a multitude of pressure washing and exterior cleaning services, including power washing, fence cleaning, concrete cleaning, roof cleaning, and house washing. All these different offerings follow the same general steps, ensuring quality results and consistent customer satisfaction. Review and Quote. The company begins by looking over any surfaces that need to be cleaned, assessing their overall condition, and determining the correct amount of water pressure for the job. Different materials need to be treated with different amounts of force; Shine Time LLC will make an educated decision before doing any work. Pressure Cleaning. Next, the company will spray any and all dirty surfaces with pressurized water, removing all dirt, debris, and other blemishes. This will add visual appeal to the property's exterior. Shine Time LLC will work efficiently to save the customer time. Final Check. Finally, the company will ensure that all debris is removed before letting the customer know that the surfaces have been cleaned. This gives the customer an opportunity to review the results of the work before confirming their satisfaction. About Shine Time LLC Shine Time LLC is a locally owned and operated business that is committed to the needs of the Fairfield, CT community. The company always strives to improve the appearances of residential and commercial properties, and furthermore, aims to do so for a reasonable price. For more information about Shine Time LLC, visit their website [ https://shinetimect.vercel.app/ ] or call (203) 895-8494. Media Contact Company Name: Shine Time LLC Contact Person: Sands Cleary Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=shine-time-llc-offering-pressure-washing-services-to-the-fairfield-ct-community ] City: Fairfield State: CT Country: United States Website: https://www.shinetimect.com/ This release was published on openPR.
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Rockefeller Capital Management L.P. boosted its position in shares of Fidelity Value Factor ETF ( NYSEARCA:FVAL – Free Report ) by 3.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,930 shares of the company’s stock after purchasing an additional 796 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Fidelity Value Factor ETF were worth $1,389,000 at the end of the most recent reporting period. Other large investors also recently bought and sold shares of the company. FMR LLC raised its stake in shares of Fidelity Value Factor ETF by 3.2% during the 3rd quarter. FMR LLC now owns 846,651 shares of the company’s stock worth $51,307,000 after buying an additional 26,275 shares during the last quarter. Cerity Partners LLC purchased a new position in Fidelity Value Factor ETF during the 3rd quarter valued at about $428,000. Darwin Wealth Management LLC acquired a new position in Fidelity Value Factor ETF during the third quarter worth about $1,154,000. First Horizon Advisors Inc. purchased a new stake in shares of Fidelity Value Factor ETF in the third quarter valued at about $214,000. Finally, Thrivent Financial for Lutherans grew its position in shares of Fidelity Value Factor ETF by 3.5% in the third quarter. Thrivent Financial for Lutherans now owns 575,998 shares of the company’s stock valued at $34,905,000 after purchasing an additional 19,306 shares during the last quarter. Fidelity Value Factor ETF Price Performance Shares of FVAL opened at $64.25 on Friday. Fidelity Value Factor ETF has a 1-year low of $50.80 and a 1-year high of $64.49. The stock has a market cap of $896.32 million, a price-to-earnings ratio of 15.28 and a beta of 0.93. The firm has a 50 day simple moving average of $62.22 and a 200-day simple moving average of $59.49. Fidelity Value Factor ETF Profile The Fidelity Value Factor ETF (FVAL) is an exchange-traded fund that is based on the Fidelity U.S. Value Factor index. The fund follows a fundamentally selected, tier-weighted index of large-cap US stocks. FVAL was launched on Sep 12, 2016 and is managed by Fidelity. Recommended Stories Want to see what other hedge funds are holding FVAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Value Factor ETF ( NYSEARCA:FVAL – Free Report ). Receive News & Ratings for Fidelity Value Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Value Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter .
NEW YORK (AP) — President-elect Donald Trump’s recent dinner with Canadian Prime Minister Justin Trudeau and his visit to Paris for the reopening of the Notre Dame Cathedral were not just exercises in policy and diplomacy. They were also prime trolling opportunities for Trump. Throughout his first term in the White House and during his campaign to return, Trump has spun out countless provocative, antagonizing and mocking statements. There were his belittling nicknames for political opponents, his impressions of other political figures and the plentiful memes he shared on social media. Now that's he's preparing to return to the Oval Office, Trump is back at it, and his trolling is attracting more attention — and eyerolls. On Sunday, Trump turned a photo of himself seated near a smiling first lady Jill Biden at the Notre Dame ceremony into a social media promo for his new perfume and cologne line, with the tag line, “A fragrance your enemies can’t resist!” The first lady’s office declined to comment. When Trudeau hastily flew to Florida to meet with Trump last month over the president-elect's threat to impose a 25% tax on all Canadian products entering the U.S., the Republican tossed out the idea that Canada become the 51st U.S. state. The Canadians passed off the comment as a joke, but Trump has continued to play up the dig, including in a post Tuesday morning on his social media network referring to the prime minister as “Governor Justin Trudeau of the Great State of Canada.” After decades as an entertainer and tabloid fixture, Trump has a flair for the provocative that is aimed at attracting attention and, in his most recent incarnation as a politician, mobilizing fans. He has long relished poking at his opponents, both to demean and minimize them and to delight supporters who share his irreverent comments and posts widely online and cheer for them in person. Trump, to the joy of his fans, first publicly needled Canada on his social media network a week ago when he posted an AI-generated image that showed him standing on a mountain with a Canadian flag next to him and the caption “Oh Canada!” After his latest post, Canadian Immigration Minister Marc Miller said Tuesday: “It sounds like we’re living in a episode of South Park." Trudeau said earlier this week that when it comes to Trump, “his approach will often be to challenge people, to destabilize a negotiating partner, to offer uncertainty and even sometimes a bit of chaos into the well established hallways of democracies and institutions and one of the most important things for us to do is not to freak out, not to panic.” Even Thanksgiving dinner isn't a trolling-free zone for Trump's adversaries. On Thanksgiving Day, Trump posted a movie clip from “National Lampoon’s Christmas Vacation” with President Joe Biden and other Democrats’ faces superimposed on the characters in a spoof of the turkey-carving scene. The video shows Trump appearing to explode out of the turkey in a swirl of purple sparks, with the former president stiffly dancing to one of his favorite songs, Village People’s “Y.M.C.A." In his most recent presidential campaign, Trump mocked Florida Gov. Ron DeSantis, refusing to call his GOP primary opponent by his real name and instead dubbing him “Ron DeSanctimonious.” He added, for good measure, in a post on his Truth Social network: “I will never call Ron DeSanctimonious ‘Meatball’ Ron, as the Fake News is insisting I will.” As he campaigned against Biden, Trump taunted him in online posts and with comments and impressions at his rallies, deriding the president over his intellect, his walk, his golf game and even his beach body. After Vice President Kamala Harris took over Biden's spot as the Democratic nominee, Trump repeatedly suggested she never worked at McDonalds while in college. Trump, true to form, turned his mocking into a spectacle by appearing at a Pennsylvania McDonalds in October, when he manned the fries station and held an impromptu news conference from the restaurant drive-thru. Trump’s team thinks people should get a sense of humor. “President Trump is a master at messaging and he’s always relatable to the average person, whereas many media members take themselves too seriously and have no concept of anything else other than suffering from Trump Derangement Syndrome,” said Steven Cheung, Trump’s communications director. “President Trump will Make America Great Again and we are getting back to a sense of optimism after a tumultuous four years.” Though both the Biden and Harris campaigns created and shared memes and launched other stunts to respond to Trump's taunts, so far America’s neighbors to the north are not taking the bait. “I don’t think we should necessarily look on Truth Social for public policy,” Miller said. Gerald Butts, a former top adviser to Trudeau and a close friend, said Trump brought up the 51st state line to Trudeau repeatedly during Trump’s first term in office. “Oh God,” Butts said Tuesday, “At least a half dozen times.” “This is who he is and what he does. He’s trying to destabilize everybody and make people anxious,” Butts said. “He’s trying to get people on the defensive and anxious and therefore willing to do things they wouldn’t otherwise entertain if they had their wits about them. I don’t know why anybody is surprised by it.” Gillies reported from Toronto. Associated Press writer Darlene Superville contributed to this report.Azenta SVP Wang sells $13,944 in stockNASSAU, Bahamas (AP) — Scottie Scheffler returned from a two-month break and nothing changed. He won the Hero World Challenge on Sunday with a 9-under 63 to tie the tournament record at Albany Golf Club and win by six shots. Read this article for free: Already have an account? To continue reading, please subscribe: * NASSAU, Bahamas (AP) — Scottie Scheffler returned from a two-month break and nothing changed. He won the Hero World Challenge on Sunday with a 9-under 63 to tie the tournament record at Albany Golf Club and win by six shots. Read unlimited articles for free today: Already have an account? NASSAU, Bahamas (AP) — Scottie Scheffler returned from a two-month break and nothing changed. He won the Hero World Challenge on Sunday with a 9-under 63 to tie the tournament record at Albany Golf Club and win by six shots. Scheffler, the first player since Tiger Woods in 2009 to spend an entire calendar year at No. 1 in the world, won for the ninth time in 21 starts, a tally that included a second Masters title, an Olympic gold medal and the FedEx Cup. He started the final round one shot behind Justin Thomas, took the lead on the par-5 third hole, stayed in front with a 50-foot birdie putt on No. 4 and never looked back. Tom Kim tried to stay close until he missed a 19-inch par putt on the par-5 11th. He birdied the final hole for a 68 and was runner-up when Thomas, whose faint hopes ended with a bogey on the 18th, drove into the water on the 18th for another bogey. He shot 71 and finished third. Scheffler finished at 25-under 263 to tie the tournament record at Albany first set by Bubba Watson in 2015, and his six-shot victory was the largest in the nine years Tiger Woods’ holiday tournament has been held in the Bahamas. Jordan Spieth holds the tournament records for 72-hole score (262) and margin (10 shots) the one year it was held at Isleworth in 2014. “Very satisfying,” Scheffler said. “I did a lot of good stuff today on the course. It feels nice to take a break and come back and continue to play some really solid golf.” Already the best in golf, Scheffler brought a new “claw” putting grip to the Hero World Challenge in a bid to get even better. He used the grip on putts from about 15 feet and in, and he finished the week third in the key putting statistic against a 20-man field. “He really doesn’t do anything wrong,” tournament host Tiger Woods said in the NBC booth during the final round. What reminded Woods of his own great run — and there was a lot of them for Woods — was how few mistakes Scheffler makes during a round or a tournament. Albany was another example. He made only two bogeys over 72 holes. Thomas, whose last victory was the 2022 PGA Championship at Southern Hills, started well enough. He also dropped two early shots on the par 3s and twice had duffed chips, one of them on the par-5 ninth that kept him from making birdie in a bid to keep up with Scheffler. Scheffler had a three-shot lead with three holes to play when he made a rare mistake off the tee, finding a sandy area right of the fairway. He made clean contact out of the sand to 12 feet for birdie, while Thomas went just long and over the green, leading to bogey. Still to come for Scheffler is teaming up with Rory McIlroy in a made-for-TV match at Shadow Creek in Las Vegas on Dec. 17 to face LIV Golf stars Bryson DeChambeau and Brooks Koepka. Scheffler earned $1 million for winning the unofficial tournament. That was his smallest paycheck of the year for winning except for the Olympics — the U.S. Olympic and Paralympic Committee paid gold medalists $37,500. He joined Viktor Hovland as the only back-to-back winners at Albany. Woods won back-to-back, and a total of five times, when the tournament was held at Sherwood Country Club. Kim lives in Dallas and used to play with Scheffler all the time before Scheffler’s wife gave birth to their first child. Kim knows what to expect. “It’s not where we home and shoots even par, 1 over, and he comes out here and wins,” Kim said. “He does it all the time. I think the biggest thing that I see is that he’s always trying to get better. Despite winning nine times this year, he’s always finding little ways and I think it’s really, really cool to see and you can take a lot from that.” Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. In the last 40 years, Scheffler’s winning rate of 43% worldwide is third behind Woods in 2006 (nine wins in 19 starts) and Woods in 2002 (10 wins in 22 starts). What next? “Continue to work on the stuff in the offseason and get ready for next season,” Scheffler said. ___ AP golf: https://apnews.com/hub/golf Advertisement Advertisement
Every week we see the NFL hand down large fines to its players and the same thing happened today. One former Alabama Crimson Tide star’s bank account is going to be a bit short after the latest news. Detroit Lions wide receiver is being fined $19,697 for his celebration after a 64-yard touchdown he had against the Jacksonville Jaguars last week . Williams paid tribute to former NFL running back Marshawn Lynch with his dive into the end zone. Jameson Williams just did the Marshawn Lynch after a 64-yard TD pic.twitter.com/ilPlsOJdVb That simple celebration costs Williams nearly $20k. It is not a surprise that a fine came with the celebration, as it is inappropriate and the NFL is going to try to protect its viewers. For Williams, this is the second time that he has been fined this season. The former Crimson Tide standout was fined $14,069 for an unsportsmanlike penalty back in Week 4 against the Seattle Seahawks. So far this season, Williams has 538 receiving yards in eight games. That is a career high and the former first-round pick has hit his stride a bit this year with the Lions. The biggest key for his career is staying on the field. After transferring from Ohio State following the 2021 season, Williams broke out with Alabama and had 1,572 receiving yards and 15 touchdowns in 2022 before being selected by the Lions. One of Alabama’s more interesting players as of late is now paying back a bag of money to the NFL, and we will see if it makes him think twice about future celebrations. This article first appeared on A to Z Sports and was syndicated with permission.There are three games on the college basketball schedule on Sunday that feature a ranked team. That includes the Pittsburgh Panthers versus the Wisconsin Badgers. Watch men’s college basketball, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. No. 22 St. John’s Red Storm at Georgia Bulldogs No. 24 Rutgers Scarlet Knights at Kennesaw State Owls Pittsburgh Panthers at No. 19 Wisconsin Badgers Catch tons of live college basketball , plus original programming, with ESPN+ or the Disney Bundle.
MELBOURNE, Australia and INDIANAPOLIS , Dec. 30, 2024 /PRNewswire/ -- Telix Pharmaceuticals Limited (ASX: TLX; Nasdaq: TLX, Telix, the Company) today announces that it has submitted its Biologics License Application (BLA) to the United States (U.S.) Food and Drug Administration (FDA) for TLX250-CDx (Zircaix®[1], 89 Zr- girentuximab) kidney cancer imaging[2]. TLX250-CDx is an investigational PET[3] drug product for the non-invasive diagnosis and characterisation of clear cell renal cell carcinoma (ccRCC), the most common and aggressive form of kidney cancer. If approved, TLX250-CDx will be the first and only targeted PET agent specifically for kidney cancer to be commercially available in the U.S., further building on Telix's successful urology imaging franchise. The FDA is expected to advise the PDUFA[4] goal date following the 60-day administrative review of the application. Kevin Richardson , Chief Executive Officer, Precision Medicine at Telix, stated, "We are pleased to be progressing the BLA for TLX250-CDx, which has been granted Breakthrough designation, and may therefore be eligible for priority review. Telix continues to target a full U.S. commercial launch in 2025 addressing a major unmet medical need for patients with suspected ccRCC." About TLX250-CDx TLX250-CDx (Zircaix® 1 ) is an investigational PET agent that is under development for the diagnosis and characterisation of ccRCC. Telix's pivotal Phase III ZIRCON trial (ClinicalTrials.gov ID: NCT03849118 ) evaluating TLX250-CDx in 300 patients, of whom 284 were evaluable, met all primary and secondary endpoints, including showing 86% sensitivity and 87% specificity and a 93% positive-predictive value for ccRCC across three independent radiology readers[5]. Telix believes this demonstrated the ability of TLX250-CDx to reliably detect the clear cell phenotype and provide an accurate, non-invasive method for diagnosing and characterising ccRCC. Confidence intervals exceeded expectations amongst all three readers, showing evidence of high accuracy and consistency of interpretation. About Telix Pharmaceuticals Limited Telix is a biopharmaceutical company focused on the development and commercialisation of diagnostic and therapeutic radiopharmaceuticals and associated medical technologies. Telix is headquartered in Melbourne, Australia , with international operations in the United States , Europe ( Belgium and Switzerland ), and Japan . Telix is developing a portfolio of clinical and commercial stage products that aims to address significant unmet medical needs in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX) and the Nasdaq Global Select Market (Nasdaq: TLX). Telix's lead imaging product, gallium-68 ( 68 Ga) gozetotide injection (also known as 68 Ga PSMA-11 and marketed under the brand name Illuccix®), has been approved by the U.S. Food and Drug Administration (FDA)[6], by the Australian Therapeutic Goods Administration (TGA) [7], and by Health Canada [8] . No other Telix product has received a marketing authorisation in any jurisdiction. Visit www.telixpharma.com for further information about Telix, including details of the latest share price, announcements made to the ASX, investor and analyst presentations, news releases, event details and other publications that may be of interest. You can also follow Telix on X and LinkedIn . Telix Investor Relations Ms. Kyahn Williamson Telix Pharmaceuticals Limited SVP Investor Relations and Corporate Communications Email: [email protected] This announcement has been authorised for release by the Telix Pharmaceuticals Limited Disclosure Committee on behalf of the Board. Legal Notices You should read this announcement together with our risk factors, as disclosed in our most recently filed reports with the Australian Securities Exchange (ASX), U.S. Securities and Exchange Commission (SEC), including our registration statement on Form 20-F filed with the SEC, or on our website. The information contained in this announcement is not intended to be an offer for subscription, invitation or recommendation with respect to securities of Telix Pharmaceuticals Limited (Telix) in any jurisdiction, including the United States . The information and opinions contained in this announcement are subject to change without notification. To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to update or revise any information or opinions contained in this announcement, including any forward-looking statements (as referred to below), whether as a result of new information, future developments, a change in expectations or assumptions, or otherwise. No representation or warranty, express or implied, is made in relation to the accuracy or completeness of the information contained or opinions expressed in the course of this announcement. This announcement may contain forward-looking statements, including within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as "may", "expect", "intend", "plan", "estimate", "anticipate", "believe", "outlook", "forecast" and "guidance", or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on Telix's good-faith assumptions as to the financial, market, regulatory and other risks and considerations that exist and affect Telix's business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix's business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress and results of Telix's preclinical and clinical trials, and Telix's research and development programs; Telix's ability to advance product candidates into, enrol and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals for Telix's product candidates, manufacturing activities and product marketing activities; Telix's sales, marketing and distribution and manufacturing capabilities and strategies; the commercialisation of Telix's product candidates, if or when they have been approved; Telix's ability to obtain an adequate supply of raw materials at reasonable costs for its products and product candidates; estimates of Telix's expenses, future revenues and capital requirements; Telix's financial performance; developments relating to Telix's competitors and industry; and the pricing and reimbursement of Telix's product candidates, if and after they have been approved. Telix's actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements. ©2024 Telix Pharmaceuticals Limited. The Telix Pharmaceuticals®, Illuccix® and Zircaix® 1 names and logos are trademarks of Telix Pharmaceuticals Limited and its affiliates – all rights reserved. [1] Brand name subject to final regulatory approval. [2] Telix ASX disclosure 31 July 2024. The FDA requested additional data demonstrating adequate sterility assurance during dispensing of TLX250-CDx in the radiopharmacy production environment. [3] Positron emission tomography. [4] Prescription Drug User Fee Act. [5] Shuch et al. Lancet Oncol. 2024. Telix ASX disclosures 7 November 2022. [6] Telix ASX disclosure 20 December 2021. [7] Telix ASX disclosure 2 November 2021. [8] Telix ASX disclosure 14 October 2022. SOURCE Telix Pharmaceuticals LimitedLoop Media: Fiscal Q4 Earnings Snapshot
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Dubai Land Department (DLD) is set to launch the Smart Rental Index in January 2025. The new initiative aims to advance the real estate sector while fostering transparency, trust, and confidence among landlords, tenants and investors. The Smart Rental Index will use cutting-edge technology and up-to-date data to regulate rental valuations and ensure balance in the market. By offering integrated solutions, the index is designed to enhance transparency, providing clear, accurate information to all stakeholders and supporting informed decision-making. Rental index aligns with Dubai’s Real Estate Sector Strategy 2033 The project aligns with Dubai’s broader digital strategy and the Dubai Real Estate Sector Strategy 2033. It also reflects the government’s efforts to improve services, enhance quality of life, and achieve sustainable development in key economic sectors. The initiative aims to streamline real estate transactions by offering up-to-date data and facilitating a fair, transparent rental market. Through the Smart Rental Index, the Dubai Land Department seeks to position the city as a global model for technology-driven real estate solutions, contributing to the emirate’s ongoing push for innovation and excellence. Read: Dubai reigns as the ultimate destination for luxury living
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South Korea’s acting President Choi Sang-mok on Monday ordered the transport ministry to carry out an emergency safety inspection of the country’s airline operation system. Jeju Air CEO Kim E-bae neither confirmed nor denied reports that a bird strike was the cause of the crash. Song Kyung-hoon, Jeju Air’s head of the management support office, dismissed accusations that mechanical faults or inadequate safety preparations contributed to accident. South Korea's acting President Choi Sang-mok has ordered the transport ministry to carry out an emergency safety inspection of the country's airline operation system, local news agency Yonhap reported Monday. Choi was speaking at a disaster control meeting in Seoul, after a Jeju Air flight crashed at the country's Muan International Airport on Sunday, leading to 179 fatalities with just two survivors, making it the deadliest air accident in South Korea. "The pilot declared mayday after issuing the bird strike alert," said Joo Jong-wan, director of aviation policy division at the Ministry of Land, Infrastructure and Transport. Choi pledged that the government would "spare no effort" in supporting the bereaved families, and declared a seven-day mourning period for the country. At a press briefing on Sunday, Jeju Air's head of the management support office Song Kyung-hoon said the airline would support the victims and their families, and that the aircraft was covered by a $1 billion insurance, reported Yonhap. Addressing reports that a bird strike was the cause of the crash, Jeju Air CEO Kim E-bae neither confirmed nor denied it. "Currently, the exact cause of the accident has yet to be determined, and we must wait for the official investigation by government agencies," Kim said in a Sunday statement . Song dismissed accusations that mechanical faults or inadequate safety preparations played a role in the crash. "This crash is not about any maintenance issues. There can be absolutely no compromise when it comes to maintaining aircraft," Song said. On Monday, a Jeju Air flight reportedly returned to Gimpo International Airport shortly after taking off because a similar issue with the plane's landing gear was detected. The accident comes at a politically fraught time for South Korea. Choi is the country's second acting president in a month. He assumed the role after acting President Han Duck-soon was impeached on Friday by lawmakers over his reluctance to appoint three justices to the Constitutional Court looking into the impeachment of former President Yoon Suk Yeol. Yoon was impeached a mere just weeks back , after imposing martial law for six hours at the start of the month for the first time since the military coup of 1979. Shares of Jeju Air hit an all-time low Monday, according to FactSet data, and were last down 8.53%. Other Korean airlines' stocks were volatile.
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