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hFGꅼ[Q{-F0 YF5~MESɄE>SϾMfM\TMINNEAPOLIS (AP) — Sam Darnold tossed aside his stoic demeanor for a moment after realizing he was on the videoboard, aggressively twirling a towel to further stoke the crowd's fire after the Minnesota Vikings had pulled away from Kirk Cousins and the Atlanta Falcons late in the game. “I just felt the buzz. That was pure passion, pure joy, man,” Darnold said. Darnold added yet another highlight to his brilliant first season with the Vikings, passing for 347 yards and five touchdowns, both career highs, in a 42-21 victory over the foundering Falcons on Sunday to stretch their winning streak to six games. “It just felt like it was one of those days to keep the gas pedal down,” said coach Kevin O'Connell, who enjoyed his team's first 40-point game in three seasons on the job. Darnold passed for 250 yards after halftime to help the Vikings (11-2) break a 21-all tie early in the fourth quarter and stay one game behind NFC North-leading Detroit with a final-week matchup looming with the Lions. Jordan Addison had eight catches for 133 yards and three scores and Justin Jefferson racked up seven receptions for 132 yards and two touchdowns after going the past six games without scoring. “This is something that we want to do and we can do every single week,” Jefferson said. Cousins, whose departure in free agency for Atlanta prompted Minnesota to sign Darnold as a bridge to currently injured rookie J.J. McCarthy, threw two more interceptions without a touchdown in this unhappy homecoming following a mixed six-year run with the Vikings. Booed as he took the field, Cousins and the Falcons (6-7) left with a fourth consecutive loss to tumble out of first place in the NFC South and fall one game behind Tampa Bay. “When you’re playing well you usually aren’t as good as people are telling you when they’re patting you on the back, and if you’re in a rut you’re usually not as bad as people kind of leaving you for dead,” Cousins said. “The reality’s usually somewhere in the middle. You just have to keep playing and see where the dust settles in January.” Cousins went 23 for 37 for 344 yards for the Falcons, who crossed midfield on all nine of their possessions and finished with 496 total yards. He overthrew Ray-Ray McCloud III on fourth down in the first quarter, and the Falcons settled for short field goals just before and right after halftime. Their fate was sealed when McCloud fumbled the kickoff at the 32 after the Vikings went 70 yards in six plays for the go-ahead touchdown pass to Addison, who scored again seven plays later. The Falcons handed the Vikings an earlier touchdown when Kentavious Street was called for defensive holding during a field-goal attempt late in the second quarter, giving Darnold a fresh set of downs before a 12-yard laser to Jefferson on a post route on third-and-6. “You just can’t have the self-inflicted wounds and expect to win football games like we had today,” coach Raheem Morris said. Bijan Robinson had 22 carries for 92 yards and a touchdown and Tyler Allgeier rushed nine times for 63 yards and a score for the Falcons against the NFL’s leading run defense. Cousins, who was picked off four times last week, hesitated as he wound up to throw on first down from the Minnesota 47 in a tie game early in the second quarter and then inexplicably fired a pass straight to Josh Metellus as he sat in a zone in front of Drake London. Cousins has a NFL -most 15 interceptions. Byron Murphy snagged an overthrow for the second one near the goal line with a 35-21 lead and 6:26 left. Darnold, who went 22 for 28 without a turnover-worthy play despite heavy first-half pressure, then directed a seven-play, 98-yard drive to seal it. “I think we grew up a lot today offensively,” O'Connell said. Addison and Jefferson became the first duo in Vikings history to each have 100-plus receiving yards and two-plus touchdown catches in the same game. Addison also became the first Vikings player with three receiving touchdowns in a game since Stefon Diggs caught three from Cousins in 2019. Murphy has six interceptions this season, the most for the Vikings since Jimmy Hitchcock had seven in 1998. Falcons: CB Mike Hughes (knee) was back in the lineup after missing two games. Minnesota's 2018 first-round draft pick returned an interception for a touchdown against Atlanta in his NFL debut here. Vikings: CB Stephon Gilmore (hamstring) and backup OLB Patrick Jones (knee) were out. TE Josh Oliver (wrist/ankle) returned from a two-game absence, and LS Andrew DePaola (hand) and PK Will Reichard (quadriceps) were back from four-game injured reserve stints. Both teams play next Monday night, Dec. 16: Atlanta visits Las Vegas, and Minnesota hosts Chicago. AP NFL: https://apnews.com/hub/NFLAvior Wealth Management LLC raised its position in Allegro MicroSystems, Inc. ( NASDAQ:ALGM – Free Report ) by 51.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,954 shares of the company’s stock after buying an additional 4,728 shares during the period. Avior Wealth Management LLC’s holdings in Allegro MicroSystems were worth $325,000 at the end of the most recent reporting period. Several other large investors also recently bought and sold shares of ALGM. Russell Investments Group Ltd. increased its position in shares of Allegro MicroSystems by 238.9% during the first quarter. Russell Investments Group Ltd. now owns 55,734 shares of the company’s stock worth $1,503,000 after purchasing an additional 39,289 shares in the last quarter. ProShare Advisors LLC lifted its stake in shares of Allegro MicroSystems by 23.1% in the first quarter. ProShare Advisors LLC now owns 12,157 shares of the company’s stock worth $328,000 after buying an additional 2,279 shares in the last quarter. Vanguard Group Inc. boosted its position in Allegro MicroSystems by 13.5% during the first quarter. Vanguard Group Inc. now owns 8,400,064 shares of the company’s stock worth $226,466,000 after acquiring an additional 999,939 shares during the last quarter. Toronto Dominion Bank purchased a new stake in Allegro MicroSystems during the 1st quarter valued at about $290,000. Finally, 1832 Asset Management L.P. raised its holdings in Allegro MicroSystems by 4.5% in the 1st quarter. 1832 Asset Management L.P. now owns 992,700 shares of the company’s stock valued at $26,763,000 after acquiring an additional 42,700 shares during the last quarter. 56.45% of the stock is currently owned by hedge funds and other institutional investors. Analysts Set New Price Targets A number of equities research analysts have recently issued reports on ALGM shares. UBS Group assumed coverage on Allegro MicroSystems in a research report on Tuesday, September 3rd. They issued a “buy” rating and a $33.00 price target for the company. Mizuho set a $26.00 price target on shares of Allegro MicroSystems in a research report on Friday, October 18th. Loop Capital assumed coverage on shares of Allegro MicroSystems in a research report on Tuesday, November 12th. They set a “buy” rating and a $30.00 price objective for the company. Wells Fargo & Company assumed coverage on shares of Allegro MicroSystems in a report on Friday. They issued an “overweight” rating and a $23.00 target price on the stock. Finally, Needham & Company LLC cut their price target on shares of Allegro MicroSystems from $33.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, October 31st. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.09. Insider Buying and Selling at Allegro MicroSystems In related news, SVP Michael Doogue purchased 15,000 shares of the company’s stock in a transaction on Monday, November 18th. The shares were bought at an average cost of $19.00 per share, for a total transaction of $285,000.00. Following the completion of the purchase, the senior vice president now directly owns 246,086 shares of the company’s stock, valued at approximately $4,675,634. This trade represents a 6.49 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link . 0.50% of the stock is currently owned by insiders. Allegro MicroSystems Stock Up 2.7 % Allegro MicroSystems stock opened at $21.31 on Friday. The company has a market capitalization of $3.92 billion, a PE ratio of -152.20 and a beta of 1.69. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.80 and a current ratio of 4.22. Allegro MicroSystems, Inc. has a fifty-two week low of $18.59 and a fifty-two week high of $33.26. The firm has a 50 day moving average price of $21.49 and a 200 day moving average price of $25.11. Allegro MicroSystems ( NASDAQ:ALGM – Get Free Report ) last released its earnings results on Thursday, October 31st. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. Allegro MicroSystems had a negative net margin of 2.96% and a positive return on equity of 8.48%. The firm had revenue of $187.39 million for the quarter, compared to analyst estimates of $187.52 million. During the same period in the prior year, the firm earned $0.36 earnings per share. The business’s quarterly revenue was down 32.0% compared to the same quarter last year. About Allegro MicroSystems ( Free Report ) Allegro MicroSystems, Inc, together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers. See Also Want to see what other hedge funds are holding ALGM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Allegro MicroSystems, Inc. ( NASDAQ:ALGM – Free Report ). Receive News & Ratings for Allegro MicroSystems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allegro MicroSystems and related companies with MarketBeat.com's FREE daily email newsletter .
MAI Capital Management trimmed its position in UFP Industries, Inc. ( NASDAQ:UFPI – Free Report ) by 13.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,179 shares of the construction company’s stock after selling 808 shares during the quarter. MAI Capital Management’s holdings in UFP Industries were worth $680,000 as of its most recent SEC filing. Other large investors have also recently bought and sold shares of the company. UMB Bank n.a. raised its holdings in UFP Industries by 300.0% in the 3rd quarter. UMB Bank n.a. now owns 192 shares of the construction company’s stock valued at $25,000 after acquiring an additional 144 shares during the period. Headlands Technologies LLC bought a new position in UFP Industries in the 2nd quarter valued at about $29,000. Signaturefd LLC raised its holdings in UFP Industries by 31.8% in the 3rd quarter. Signaturefd LLC now owns 315 shares of the construction company’s stock valued at $41,000 after acquiring an additional 76 shares during the period. Triad Wealth Partners LLC bought a new position in UFP Industries in the 2nd quarter valued at about $56,000. Finally, GAMMA Investing LLC raised its holdings in UFP Industries by 84.2% in the 2nd quarter. GAMMA Investing LLC now owns 512 shares of the construction company’s stock valued at $57,000 after acquiring an additional 234 shares during the period. 81.81% of the stock is owned by institutional investors. UFP Industries Stock Up 2.0 % Shares of UFPI opened at $133.07 on Friday. UFP Industries, Inc. has a 12 month low of $107.49 and a 12 month high of $139.54. The firm’s 50 day moving average is $130.63 and its 200-day moving average is $122.32. The stock has a market capitalization of $8.08 billion, a PE ratio of 18.30 and a beta of 1.39. The company has a current ratio of 4.31, a quick ratio of 3.25 and a debt-to-equity ratio of 0.07. UFP Industries Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be given a dividend of $0.33 per share. The ex-dividend date is Monday, December 2nd. This represents a $1.32 annualized dividend and a dividend yield of 0.99%. UFP Industries’s dividend payout ratio is 18.16%. Analyst Upgrades and Downgrades Several research analysts have weighed in on UFPI shares. BMO Capital Markets increased their price target on shares of UFP Industries from $115.00 to $125.00 and gave the company a “market perform” rating in a report on Wednesday, July 31st. Wedbush reissued an “outperform” rating and issued a $155.00 price target on shares of UFP Industries in a report on Monday, November 4th. Benchmark raised their target price on shares of UFP Industries from $133.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Finally, Stifel Nicolaus raised their target price on shares of UFP Industries from $125.00 to $157.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, UFP Industries currently has an average rating of “Moderate Buy” and a consensus price target of $148.00. Get Our Latest Stock Analysis on UFPI UFP Industries Company Profile ( Free Report ) UFP Industries, Inc, through its subsidiaries, designs, manufactures, and markets wood and non-wood composites, and other materials in North America, Europe, Asia, and Australia. It operates through Retail, Packaging, and Construction segments. The Retail segment offers treated lumber products, including decking, fencing, lattice, and other products; pressure-treated and fire-retardant products used primarily for outdoor decking environments; and lawn and garden products, consisting of wood and vinyl fencing options, garden beds and planters, pergolas, picnic tables, and other landscaping products. Featured Articles Want to see what other hedge funds are holding UFPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UFP Industries, Inc. ( NASDAQ:UFPI – Free Report ). Receive News & Ratings for UFP Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UFP Industries and related companies with MarketBeat.com's FREE daily email newsletter .
WASHINGTON, Dec 12 (Reuters) - Texas Attorney General Ken Paxton said on Thursday his office launched investigations into over a dozen technology platforms over their privacy and safety practices for minors. Those being probed included artificial Intelligence chatbot startup Character.AI and fourteen other platforms like Reddit, Instagram (META.O) , opens new tab and Discord, the Texas attorney general added. Tech platforms have come under increasing scrutiny over their impact on children. Top U.S. social media platforms made an estimated $11 billion in advertising revenue from users younger than 18 in 2022, according to a Harvard study published last year. U.S. Surgeon General Vivek Murthy last year warned that young people using social media risked suffering body image issues, disordered eating, poor sleep quality and low self-esteem, especially among adolescent girls. "Technology companies are on notice that my office is vigorously enforcing Texas' strong data privacy laws," Paxton said. Social media companies have said they will work with officials to protect young users, and say they have introduced new tools designed to protect teens online, including parental control features. The firms had no immediate comment on Thursday. Paxton's statement said the probes would focus on the platforms' compliance with two Texas laws - the Securing Children Online through Parental Empowerment (SCOPE) Act and the Texas Data Privacy and Security Act (TDPSA). The SCOPE Act bans digital service providers from sharing, disclosing, or selling a minor's personal identifying information without permission from the child's parent or legal guardian. The legislation requires firms to provide parents with tools to manage and control the privacy settings on their child's account. The TDPSA imposes notice and consent requirements on companies that collect and use minors' personal data, Paxton's office said. Sign up here. Reporting by Kanishka Singh in Washington;Editing by Alistair Bell Our Standards: The Thomson Reuters Trust Principles. , opens new tab Thomson Reuters Kanishka Singh is a breaking news reporter for Reuters in Washington DC, who primarily covers US politics and national affairs in his current role. His past breaking news coverage has spanned across a range of topics like the Black Lives Matter movement; the US elections; the 2021 Capitol riots and their follow up probes; the Brexit deal; US-China trade tensions; the NATO withdrawal from Afghanistan; the COVID-19 pandemic; and a 2019 Supreme Court verdict on a religious dispute site in his native India.HAMDEN, Conn. (AP) — Khaden Bennett's 23 points helped Quinnipiac defeat Sacred Heart 83-73 on Sunday. Bennett added five rebounds for the Bobcats (5-5, 2-0 Metro Atlantic Athletic Conference). Amarri Tice added 19 points while shooting 6 for 16 (2 for 11 from 3-point range) and 5 of 5 from the free-throw line while they also had five rebounds and eight steals. Paul Otieno shot 5 of 9 from the field and 2 of 4 from the free-throw line to finish with 12 points, while adding three blocks. Amiri Stewart led the Pioneers (4-6, 1-1) in scoring, finishing with 18 points, eight rebounds and three steals. Anquan Hill added 15 points for Sacred Heart. Bryce Johnson also had 11 points. Quinnipiac plays Tuesday against Holy Cross at home, and Sacred Heart hosts Albany (NY) on Wednesday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Medtronic plc ( NYSE:MDT – Free Report ) – Investment analysts at William Blair decreased their Q3 2025 earnings estimates for Medtronic in a report issued on Tuesday, November 19th. William Blair analyst M. Andrew now forecasts that the medical technology company will post earnings of $1.36 per share for the quarter, down from their previous estimate of $1.37. The consensus estimate for Medtronic’s current full-year earnings is $5.46 per share. William Blair also issued estimates for Medtronic’s Q4 2025 earnings at $1.62 EPS, FY2025 earnings at $5.46 EPS and Q2 2026 earnings at $1.43 EPS. A number of other analysts have also weighed in on MDT. Piper Sandler increased their target price on Medtronic from $85.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Citigroup increased their price objective on Medtronic from $85.00 to $92.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 1st. Barclays lifted their target price on Medtronic from $104.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, August 22nd. Royal Bank of Canada raised shares of Medtronic from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $98.00 to $105.00 in a research report on Thursday, October 10th. Finally, Daiwa America raised shares of Medtronic to a “strong-buy” rating in a research report on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $95.00. Medtronic Price Performance MDT stock opened at $86.21 on Thursday. The company has a current ratio of 1.84, a quick ratio of 1.61 and a debt-to-equity ratio of 0.51. Medtronic has a 12 month low of $75.96 and a 12 month high of $92.68. The stock has a market cap of $110.56 billion, a PE ratio of 26.36, a P/E/G ratio of 2.42 and a beta of 0.84. The company has a 50-day moving average price of $88.99 and a 200 day moving average price of $84.87. Medtronic ( NYSE:MDT – Get Free Report ) last issued its quarterly earnings data on Tuesday, November 19th. The medical technology company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.01. Medtronic had a return on equity of 13.79% and a net margin of 13.00%. The company had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $8.27 billion. During the same period in the previous year, the firm posted $1.25 earnings per share. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. Institutional Inflows and Outflows Large investors have recently bought and sold shares of the stock. Fortitude Family Office LLC purchased a new stake in Medtronic during the third quarter worth $27,000. Highline Wealth Partners LLC purchased a new position in shares of Medtronic in the 3rd quarter valued at about $27,000. Darwin Wealth Management LLC acquired a new position in Medtronic in the 3rd quarter worth about $27,000. Lynx Investment Advisory purchased a new position in Medtronic during the second quarter worth approximately $28,000. Finally, J. Stern & Co. LLP purchased a new stake in shares of Medtronic in the third quarter valued at approximately $30,000. 82.06% of the stock is owned by institutional investors and hedge funds. About Medtronic ( Get Free Report ) Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. Further Reading Receive News & Ratings for Medtronic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medtronic and related companies with MarketBeat.com's FREE daily email newsletter .Venezuela Prepares for Election to Select Local ‘Peace Judges’
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WASHINGTON — The stunning overthrow of Syrian President Bashar Assad by Islamist rebels half a century after his family took power raises an old question when it comes to regime change in the Middle East: Will the new governing forces behave any better than those that have been deposed? “The Assad regime has fallen ,” President Biden declared Sunday from the White House. “It’s a moment of historic opportunity for the long-suffering people of Syria.” “It’s also a moment of risk and uncertainty, as we all turn to the question of what comes next,” Biden said. In a matter of weeks , the rebels achieved what the United Nations, the U.S. and other Western powers long tried but failed to do. The Russian government announced late Sunday local time that Assad and his family had arrived in Moscow and were being given asylum, Russian state news agencies reported. Decades of brutal rule by Assad has left Syria fragmented ethnically, religiously and politically. The victorious insurgency is also divided. The leading group, Hayat Tahrir al Sham, known as HTS, traces its roots to the terror organizations Islamic State and Al Qaeda but claims to have reformed. Long concerned about HTS taking power, Washington continues to designate it a terrorist group, which will complicate any dealings with it. The rebel victory also scrambles regional relations. It deals a major setback to Assad’s allies Iran and Russia while boosting Turkey, which backed the HTS and will probably be Washington’s main conduit to Syria’s new leaders. The U.S. backed a different rebel group, the Syrian Democratic Forces, or SDF, a Kurdish militia that helped defeat Islamic State but that Turkey considers a terrorist group. Clashes between the SDF and Turkish-backed factions were already being reported on Sunday. Israel, meanwhile, is glad to see the departures of an Iran-backed Assad but not exactly thrilled at having Islamist leaders next door. The country was already bolstering a buffer zone along the border between the Israel-controlled Golan Heights and Syria and joined in the bombing of a small number of sites inside Syria. By any measure, the immediate future of Syria will be an unstable and potentially violent melange of competing groups, intense jockeying for power and settling of scores. Among worst-case scenarios are a deepening civil war or the conversion of the once-wealthy and now devastated country into a haven for militants such as the Islamic State. After 24 hours monitoring what the White House called the “extraordinary” developments in Syria, Biden convened his National Security Council Sunday for updates and planning before speaking to the American public. “We will remain vigilant,” Biden said, pledging to keep militants at bay and “do whatever we can to support” the Syrian people “to help restore Syria after more than a decade of war and a generation of brutality from the Assad family.” By contrast, Donald Trump, who becomes president in about six weeks, said on his social media platform that the U.S. should “stay out of it.” “This is not our fight,” he said. Similarly, as president in 2019, he declared that “someone else should fight” in Syria and in a much-criticized move ordered the withdrawal of most U.S. troops posted there, clearing the way for Turkey to move in and attack the United States’ Kurdish allies. Several hundred U.S. troops remain in Syria, officially to counter any resurgence by Islamic State. There are other looming issues, however, that might demand a U.S. role, officials said. Syria will need huge amounts of humanitarian aid, especially if some of the millions of citizens who fled as refugees during the last decade of war begin to return to the ruins of their former homes. Also, critically, U.S. officials expressed concern about Assad’s large stockpiles of armament, including missiles and chemical weapons, that could end up in the hands of the rebels. Assad notoriously used chemical weapons on his own people to put down rebellion and dissent. Trump’s pick for director of national intelligence, Tulsi Gabbard, voiced support for Assad after a 2017 visit to Syria. She said she doubted U.S. intelligence reports that he had used chemical weapons inside his country. For many ordinary Syrians, however, the principal concern is how minorities will be treated. Some, like the Alawite Shiite Muslim faction to which Assad’s family belonged, as well as some Kurds and Christians, are seen as having colluded with the regime. Most of the rebels are Sunni Muslims. The first government to congratulate the opposition victory in Syria was Afghanistan’s radically conservative and repressive Islamic Taliban. Ahmed Sharaa, the bearded commander of HTS, has sought to portray the group as a reformed and more moderate faction than its past associations suggest. He has preached tolerance and pluralism, although his rule over Syria’s Idlib province where HTS has held sway only displayed the most minimal version of such policies. Christians, for example, have been allowed to attend church. “These sects have co-existed in the region for hundreds of years,” he told CNN in an interview last week as the rebels were advancing toward Damascus. “No one has the right to erase another group.” He promised a “transition to a state of governance and institutions” and even suggested HTS could disband having achieved its military victory. That would be a very unusual transition in the Middle East, where players who gain power tend to hold on to it. The Assad regime began in 1970 with Bashar’s father Hafez. With an insidious intelligence service, routine imprisonment and torture of dissidents and iron-fist control of media and public speech, the Assads maintained a ferocious and violent control of the Syrian population. The Arab Spring protests of 2011 led to a brutal crackdown and eventually a civil war that killed an estimated 500,000 people. Assad remained in power with military help from Russia, Iran and Hezbollah, the Iran-backed political and military faction based in Lebanon. Over the last year or so, those three allies all lost their ability to defend him. Russia is overextended in its nearly three years of war in Ukraine. Iran has been battered by Israel from outside and dissent and economic turmoil on the inside. And Hezbollah has been vastly weakened by Israeli assassinations and bombardments. It is expected that Syria’s new leaders will close the Russian air base and port on the Mediterranean coast. Iran has lost a large portion if not all of its land and air routes to Lebanon and Hezbollah , its proxy there. In his speech Sunday, Biden claimed some credit for the recent turn of events in Syria, as uncertain as its future may be. “Our approach has shifted the balance of power in the Middle East through this combination of support for our partners, sanctions, diplomacy and targeted military force when necessary,” he said.Avior Wealth Management LLC Sells 14,392 Shares of Global X Cybersecurity ETF (NASDAQ:BUG)One of the biggest and most pressing questions in the aftermath of the 2024 election is just how much President-elect Donald Trump follows through on some of his more authoritarian-leaning proposals . This is a man, after all, who talked about suspending parts of the Constitution , being a dictator for a day , criminalizing dissent and targeting his political enemies for retribution . Trump’s defenders often dismiss these comments as mere provocations, but only one man knows what’s in the president-elect’s heart. And there will surely be fewer obstacles in his second term if he does go down some undemocratic paths.
Swiss National Bank lessened its stake in SPS Commerce, Inc. ( NASDAQ:SPSC – Free Report ) by 1.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,300 shares of the software maker’s stock after selling 700 shares during the quarter. Swiss National Bank owned 0.19% of SPS Commerce worth $14,038,000 at the end of the most recent quarter. A number of other large investors have also made changes to their positions in SPSC. Public Employees Retirement Association of Colorado increased its holdings in shares of SPS Commerce by 2,099.1% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 96,782 shares of the software maker’s stock valued at $18,211,000 after purchasing an additional 92,381 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in SPS Commerce by 662.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 90,694 shares of the software maker’s stock valued at $17,065,000 after acquiring an additional 78,805 shares in the last quarter. F M Investments LLC purchased a new position in SPS Commerce during the 2nd quarter valued at about $13,869,000. Hantz Financial Services Inc. purchased a new position in SPS Commerce during the 2nd quarter valued at about $12,876,000. Finally, Conestoga Capital Advisors LLC increased its holdings in SPS Commerce by 2.4% during the 2nd quarter. Conestoga Capital Advisors LLC now owns 1,227,411 shares of the software maker’s stock valued at $230,950,000 after acquiring an additional 28,970 shares in the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock. SPS Commerce Stock Performance SPS Commerce stock opened at $189.13 on Friday. SPS Commerce, Inc. has a 1 year low of $160.58 and a 1 year high of $218.74. The firm has a 50 day moving average price of $186.72 and a 200 day moving average price of $191.24. The company has a market cap of $7.11 billion, a price-to-earnings ratio of 90.49 and a beta of 0.84. Insider Activity at SPS Commerce In other SPS Commerce news, CEO Chadwick Collins sold 6,839 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $169.69, for a total transaction of $1,160,509.91. Following the completion of the sale, the chief executive officer now directly owns 54,446 shares in the company, valued at $9,238,941.74. The trade was a 11.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . 1.00% of the stock is owned by insiders. Wall Street Analyst Weigh In SPSC has been the subject of several recent research reports. DA Davidson raised their target price on shares of SPS Commerce from $225.00 to $240.00 and gave the company a “buy” rating in a report on Friday, July 26th. Northland Securities downgraded shares of SPS Commerce from an “outperform” rating to a “market perform” rating and raised their target price for the company from $205.00 to $209.00 in a report on Monday, July 29th. Needham & Company LLC restated a “buy” rating and set a $230.00 target price on shares of SPS Commerce in a report on Friday, October 25th. Northland Capmk cut shares of SPS Commerce from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 29th. Finally, Craig Hallum raised their price target on shares of SPS Commerce from $210.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $223.63. View Our Latest Stock Report on SPS Commerce About SPS Commerce ( Free Report ) SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships. Featured Stories Want to see what other hedge funds are holding SPSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPS Commerce, Inc. ( NASDAQ:SPSC – Free Report ). Receive News & Ratings for SPS Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPS Commerce and related companies with MarketBeat.com's FREE daily email newsletter .Rick Palacio, the former chair of the Colorado Democratic Party, violated the state’s ethics law when he became a consultant for Gov. Jared Polis in late 2020 because he had too recently served as the governor’s chief of staff, the state’s Independent Ethics Commission ruled. Former Colorado Democratic Party chairman Rick Palacio. (Handout) The commission did not levy any financial penalties against Palacio, who led Colorado Democrats from 2011 to 2017. That is because commissioners determined he had not “violated the public trust,” according to a report issued by the commission last week. A complaint was filed against Palacio in 2021 by Defend Colorado, a conservative group, alleging he’d violated ethics rules the year before when he was hired as a consultant for Polis’ office immediately after serving as the governor’s interim chief of staff. Palacio served as interim chief in late 2020, while the governor’s permanent chief of staff was on maternity leave. After then-chief Lisa Kaufmann returned to work in November 2020, Palacio remained on staff for the rest of the month. He was then given a contract as a consultant beginning Dec. 1, 2020, to continue working on pandemic-related issues. Colorado’s ethics law requires recently separated state employees to wait six months before they can be contracted by a state agency to work on anything they had previously been directly involved with, as Palacio was with pandemic efforts. Still, the commission found that Palacio did not need to face any penalties because he had not violated the public trust. Commissioners found that he did not violate a state law barring state employees from using official acts to enrich themselves. According to the report, Defend Colorado agreed that “Mr. Palacio’s consulting contract did not create a conflict of interest or a potential for unfair advantage in Mr. Palacio’s favor.” In an emailed statement Friday, Palacio said the state was “confronted with a once-in-a-century pandemic” during his work with Polis’ office. When “my state needed help, I was honored to step up and serve,” he wrote. “In moments of crisis, I have always believed it is our duty to contribute however we can, and I would hope that anyone else would do the same if called upon by their governor or president.” In a statement, Polis spokesman Eric Maruyama said the governor’s office was “deeply grateful for (Palacio’s) exceptional contributions” and said the office was pleased that the ethics commission found that “Palacio’s actions never compromised the public trust or caused harm to the state.” Stay up-to-date with Colorado Politics by signing up for our weekly newsletter, The Spot.
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hFGꅼ[Q{-F0 YF5~MESɄE>SϾMfM\TMINNEAPOLIS (AP) — Sam Darnold tossed aside his stoic demeanor for a moment after realizing he was on the videoboard, aggressively twirling a towel to further stoke the crowd's fire after the Minnesota Vikings had pulled away from Kirk Cousins and the Atlanta Falcons late in the game. “I just felt the buzz. That was pure passion, pure joy, man,” Darnold said. Darnold added yet another highlight to his brilliant first season with the Vikings, passing for 347 yards and five touchdowns, both career highs, in a 42-21 victory over the foundering Falcons on Sunday to stretch their winning streak to six games. “It just felt like it was one of those days to keep the gas pedal down,” said coach Kevin O'Connell, who enjoyed his team's first 40-point game in three seasons on the job. Darnold passed for 250 yards after halftime to help the Vikings (11-2) break a 21-all tie early in the fourth quarter and stay one game behind NFC North-leading Detroit with a final-week matchup looming with the Lions. Jordan Addison had eight catches for 133 yards and three scores and Justin Jefferson racked up seven receptions for 132 yards and two touchdowns after going the past six games without scoring. “This is something that we want to do and we can do every single week,” Jefferson said. Cousins, whose departure in free agency for Atlanta prompted Minnesota to sign Darnold as a bridge to currently injured rookie J.J. McCarthy, threw two more interceptions without a touchdown in this unhappy homecoming following a mixed six-year run with the Vikings. Booed as he took the field, Cousins and the Falcons (6-7) left with a fourth consecutive loss to tumble out of first place in the NFC South and fall one game behind Tampa Bay. “When you’re playing well you usually aren’t as good as people are telling you when they’re patting you on the back, and if you’re in a rut you’re usually not as bad as people kind of leaving you for dead,” Cousins said. “The reality’s usually somewhere in the middle. You just have to keep playing and see where the dust settles in January.” Cousins went 23 for 37 for 344 yards for the Falcons, who crossed midfield on all nine of their possessions and finished with 496 total yards. He overthrew Ray-Ray McCloud III on fourth down in the first quarter, and the Falcons settled for short field goals just before and right after halftime. Their fate was sealed when McCloud fumbled the kickoff at the 32 after the Vikings went 70 yards in six plays for the go-ahead touchdown pass to Addison, who scored again seven plays later. The Falcons handed the Vikings an earlier touchdown when Kentavious Street was called for defensive holding during a field-goal attempt late in the second quarter, giving Darnold a fresh set of downs before a 12-yard laser to Jefferson on a post route on third-and-6. “You just can’t have the self-inflicted wounds and expect to win football games like we had today,” coach Raheem Morris said. Bijan Robinson had 22 carries for 92 yards and a touchdown and Tyler Allgeier rushed nine times for 63 yards and a score for the Falcons against the NFL’s leading run defense. Cousins, who was picked off four times last week, hesitated as he wound up to throw on first down from the Minnesota 47 in a tie game early in the second quarter and then inexplicably fired a pass straight to Josh Metellus as he sat in a zone in front of Drake London. Cousins has a NFL -most 15 interceptions. Byron Murphy snagged an overthrow for the second one near the goal line with a 35-21 lead and 6:26 left. Darnold, who went 22 for 28 without a turnover-worthy play despite heavy first-half pressure, then directed a seven-play, 98-yard drive to seal it. “I think we grew up a lot today offensively,” O'Connell said. Addison and Jefferson became the first duo in Vikings history to each have 100-plus receiving yards and two-plus touchdown catches in the same game. Addison also became the first Vikings player with three receiving touchdowns in a game since Stefon Diggs caught three from Cousins in 2019. Murphy has six interceptions this season, the most for the Vikings since Jimmy Hitchcock had seven in 1998. Falcons: CB Mike Hughes (knee) was back in the lineup after missing two games. Minnesota's 2018 first-round draft pick returned an interception for a touchdown against Atlanta in his NFL debut here. Vikings: CB Stephon Gilmore (hamstring) and backup OLB Patrick Jones (knee) were out. TE Josh Oliver (wrist/ankle) returned from a two-game absence, and LS Andrew DePaola (hand) and PK Will Reichard (quadriceps) were back from four-game injured reserve stints. Both teams play next Monday night, Dec. 16: Atlanta visits Las Vegas, and Minnesota hosts Chicago. AP NFL: https://apnews.com/hub/NFLAvior Wealth Management LLC raised its position in Allegro MicroSystems, Inc. ( NASDAQ:ALGM – Free Report ) by 51.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,954 shares of the company’s stock after buying an additional 4,728 shares during the period. Avior Wealth Management LLC’s holdings in Allegro MicroSystems were worth $325,000 at the end of the most recent reporting period. Several other large investors also recently bought and sold shares of ALGM. Russell Investments Group Ltd. increased its position in shares of Allegro MicroSystems by 238.9% during the first quarter. Russell Investments Group Ltd. now owns 55,734 shares of the company’s stock worth $1,503,000 after purchasing an additional 39,289 shares in the last quarter. ProShare Advisors LLC lifted its stake in shares of Allegro MicroSystems by 23.1% in the first quarter. ProShare Advisors LLC now owns 12,157 shares of the company’s stock worth $328,000 after buying an additional 2,279 shares in the last quarter. Vanguard Group Inc. boosted its position in Allegro MicroSystems by 13.5% during the first quarter. Vanguard Group Inc. now owns 8,400,064 shares of the company’s stock worth $226,466,000 after acquiring an additional 999,939 shares during the last quarter. Toronto Dominion Bank purchased a new stake in Allegro MicroSystems during the 1st quarter valued at about $290,000. Finally, 1832 Asset Management L.P. raised its holdings in Allegro MicroSystems by 4.5% in the 1st quarter. 1832 Asset Management L.P. now owns 992,700 shares of the company’s stock valued at $26,763,000 after acquiring an additional 42,700 shares during the last quarter. 56.45% of the stock is currently owned by hedge funds and other institutional investors. Analysts Set New Price Targets A number of equities research analysts have recently issued reports on ALGM shares. UBS Group assumed coverage on Allegro MicroSystems in a research report on Tuesday, September 3rd. They issued a “buy” rating and a $33.00 price target for the company. Mizuho set a $26.00 price target on shares of Allegro MicroSystems in a research report on Friday, October 18th. Loop Capital assumed coverage on shares of Allegro MicroSystems in a research report on Tuesday, November 12th. They set a “buy” rating and a $30.00 price objective for the company. Wells Fargo & Company assumed coverage on shares of Allegro MicroSystems in a report on Friday. They issued an “overweight” rating and a $23.00 target price on the stock. Finally, Needham & Company LLC cut their price target on shares of Allegro MicroSystems from $33.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, October 31st. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.09. Insider Buying and Selling at Allegro MicroSystems In related news, SVP Michael Doogue purchased 15,000 shares of the company’s stock in a transaction on Monday, November 18th. The shares were bought at an average cost of $19.00 per share, for a total transaction of $285,000.00. Following the completion of the purchase, the senior vice president now directly owns 246,086 shares of the company’s stock, valued at approximately $4,675,634. This trade represents a 6.49 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link . 0.50% of the stock is currently owned by insiders. Allegro MicroSystems Stock Up 2.7 % Allegro MicroSystems stock opened at $21.31 on Friday. The company has a market capitalization of $3.92 billion, a PE ratio of -152.20 and a beta of 1.69. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.80 and a current ratio of 4.22. Allegro MicroSystems, Inc. has a fifty-two week low of $18.59 and a fifty-two week high of $33.26. The firm has a 50 day moving average price of $21.49 and a 200 day moving average price of $25.11. Allegro MicroSystems ( NASDAQ:ALGM – Get Free Report ) last released its earnings results on Thursday, October 31st. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. Allegro MicroSystems had a negative net margin of 2.96% and a positive return on equity of 8.48%. The firm had revenue of $187.39 million for the quarter, compared to analyst estimates of $187.52 million. During the same period in the prior year, the firm earned $0.36 earnings per share. The business’s quarterly revenue was down 32.0% compared to the same quarter last year. About Allegro MicroSystems ( Free Report ) Allegro MicroSystems, Inc, together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers. See Also Want to see what other hedge funds are holding ALGM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Allegro MicroSystems, Inc. ( NASDAQ:ALGM – Free Report ). Receive News & Ratings for Allegro MicroSystems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allegro MicroSystems and related companies with MarketBeat.com's FREE daily email newsletter .
MAI Capital Management trimmed its position in UFP Industries, Inc. ( NASDAQ:UFPI – Free Report ) by 13.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,179 shares of the construction company’s stock after selling 808 shares during the quarter. MAI Capital Management’s holdings in UFP Industries were worth $680,000 as of its most recent SEC filing. Other large investors have also recently bought and sold shares of the company. UMB Bank n.a. raised its holdings in UFP Industries by 300.0% in the 3rd quarter. UMB Bank n.a. now owns 192 shares of the construction company’s stock valued at $25,000 after acquiring an additional 144 shares during the period. Headlands Technologies LLC bought a new position in UFP Industries in the 2nd quarter valued at about $29,000. Signaturefd LLC raised its holdings in UFP Industries by 31.8% in the 3rd quarter. Signaturefd LLC now owns 315 shares of the construction company’s stock valued at $41,000 after acquiring an additional 76 shares during the period. Triad Wealth Partners LLC bought a new position in UFP Industries in the 2nd quarter valued at about $56,000. Finally, GAMMA Investing LLC raised its holdings in UFP Industries by 84.2% in the 2nd quarter. GAMMA Investing LLC now owns 512 shares of the construction company’s stock valued at $57,000 after acquiring an additional 234 shares during the period. 81.81% of the stock is owned by institutional investors. UFP Industries Stock Up 2.0 % Shares of UFPI opened at $133.07 on Friday. UFP Industries, Inc. has a 12 month low of $107.49 and a 12 month high of $139.54. The firm’s 50 day moving average is $130.63 and its 200-day moving average is $122.32. The stock has a market capitalization of $8.08 billion, a PE ratio of 18.30 and a beta of 1.39. The company has a current ratio of 4.31, a quick ratio of 3.25 and a debt-to-equity ratio of 0.07. UFP Industries Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be given a dividend of $0.33 per share. The ex-dividend date is Monday, December 2nd. This represents a $1.32 annualized dividend and a dividend yield of 0.99%. UFP Industries’s dividend payout ratio is 18.16%. Analyst Upgrades and Downgrades Several research analysts have weighed in on UFPI shares. BMO Capital Markets increased their price target on shares of UFP Industries from $115.00 to $125.00 and gave the company a “market perform” rating in a report on Wednesday, July 31st. Wedbush reissued an “outperform” rating and issued a $155.00 price target on shares of UFP Industries in a report on Monday, November 4th. Benchmark raised their target price on shares of UFP Industries from $133.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Finally, Stifel Nicolaus raised their target price on shares of UFP Industries from $125.00 to $157.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, UFP Industries currently has an average rating of “Moderate Buy” and a consensus price target of $148.00. Get Our Latest Stock Analysis on UFPI UFP Industries Company Profile ( Free Report ) UFP Industries, Inc, through its subsidiaries, designs, manufactures, and markets wood and non-wood composites, and other materials in North America, Europe, Asia, and Australia. It operates through Retail, Packaging, and Construction segments. The Retail segment offers treated lumber products, including decking, fencing, lattice, and other products; pressure-treated and fire-retardant products used primarily for outdoor decking environments; and lawn and garden products, consisting of wood and vinyl fencing options, garden beds and planters, pergolas, picnic tables, and other landscaping products. Featured Articles Want to see what other hedge funds are holding UFPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UFP Industries, Inc. ( NASDAQ:UFPI – Free Report ). Receive News & Ratings for UFP Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UFP Industries and related companies with MarketBeat.com's FREE daily email newsletter .
WASHINGTON, Dec 12 (Reuters) - Texas Attorney General Ken Paxton said on Thursday his office launched investigations into over a dozen technology platforms over their privacy and safety practices for minors. Those being probed included artificial Intelligence chatbot startup Character.AI and fourteen other platforms like Reddit, Instagram (META.O) , opens new tab and Discord, the Texas attorney general added. Tech platforms have come under increasing scrutiny over their impact on children. Top U.S. social media platforms made an estimated $11 billion in advertising revenue from users younger than 18 in 2022, according to a Harvard study published last year. U.S. Surgeon General Vivek Murthy last year warned that young people using social media risked suffering body image issues, disordered eating, poor sleep quality and low self-esteem, especially among adolescent girls. "Technology companies are on notice that my office is vigorously enforcing Texas' strong data privacy laws," Paxton said. Social media companies have said they will work with officials to protect young users, and say they have introduced new tools designed to protect teens online, including parental control features. The firms had no immediate comment on Thursday. Paxton's statement said the probes would focus on the platforms' compliance with two Texas laws - the Securing Children Online through Parental Empowerment (SCOPE) Act and the Texas Data Privacy and Security Act (TDPSA). The SCOPE Act bans digital service providers from sharing, disclosing, or selling a minor's personal identifying information without permission from the child's parent or legal guardian. The legislation requires firms to provide parents with tools to manage and control the privacy settings on their child's account. The TDPSA imposes notice and consent requirements on companies that collect and use minors' personal data, Paxton's office said. Sign up here. Reporting by Kanishka Singh in Washington;Editing by Alistair Bell Our Standards: The Thomson Reuters Trust Principles. , opens new tab Thomson Reuters Kanishka Singh is a breaking news reporter for Reuters in Washington DC, who primarily covers US politics and national affairs in his current role. His past breaking news coverage has spanned across a range of topics like the Black Lives Matter movement; the US elections; the 2021 Capitol riots and their follow up probes; the Brexit deal; US-China trade tensions; the NATO withdrawal from Afghanistan; the COVID-19 pandemic; and a 2019 Supreme Court verdict on a religious dispute site in his native India.HAMDEN, Conn. (AP) — Khaden Bennett's 23 points helped Quinnipiac defeat Sacred Heart 83-73 on Sunday. Bennett added five rebounds for the Bobcats (5-5, 2-0 Metro Atlantic Athletic Conference). Amarri Tice added 19 points while shooting 6 for 16 (2 for 11 from 3-point range) and 5 of 5 from the free-throw line while they also had five rebounds and eight steals. Paul Otieno shot 5 of 9 from the field and 2 of 4 from the free-throw line to finish with 12 points, while adding three blocks. Amiri Stewart led the Pioneers (4-6, 1-1) in scoring, finishing with 18 points, eight rebounds and three steals. Anquan Hill added 15 points for Sacred Heart. Bryce Johnson also had 11 points. Quinnipiac plays Tuesday against Holy Cross at home, and Sacred Heart hosts Albany (NY) on Wednesday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Medtronic plc ( NYSE:MDT – Free Report ) – Investment analysts at William Blair decreased their Q3 2025 earnings estimates for Medtronic in a report issued on Tuesday, November 19th. William Blair analyst M. Andrew now forecasts that the medical technology company will post earnings of $1.36 per share for the quarter, down from their previous estimate of $1.37. The consensus estimate for Medtronic’s current full-year earnings is $5.46 per share. William Blair also issued estimates for Medtronic’s Q4 2025 earnings at $1.62 EPS, FY2025 earnings at $5.46 EPS and Q2 2026 earnings at $1.43 EPS. A number of other analysts have also weighed in on MDT. Piper Sandler increased their target price on Medtronic from $85.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Citigroup increased their price objective on Medtronic from $85.00 to $92.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 1st. Barclays lifted their target price on Medtronic from $104.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, August 22nd. Royal Bank of Canada raised shares of Medtronic from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $98.00 to $105.00 in a research report on Thursday, October 10th. Finally, Daiwa America raised shares of Medtronic to a “strong-buy” rating in a research report on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $95.00. Medtronic Price Performance MDT stock opened at $86.21 on Thursday. The company has a current ratio of 1.84, a quick ratio of 1.61 and a debt-to-equity ratio of 0.51. Medtronic has a 12 month low of $75.96 and a 12 month high of $92.68. The stock has a market cap of $110.56 billion, a PE ratio of 26.36, a P/E/G ratio of 2.42 and a beta of 0.84. The company has a 50-day moving average price of $88.99 and a 200 day moving average price of $84.87. Medtronic ( NYSE:MDT – Get Free Report ) last issued its quarterly earnings data on Tuesday, November 19th. The medical technology company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.01. Medtronic had a return on equity of 13.79% and a net margin of 13.00%. The company had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $8.27 billion. During the same period in the previous year, the firm posted $1.25 earnings per share. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. Institutional Inflows and Outflows Large investors have recently bought and sold shares of the stock. Fortitude Family Office LLC purchased a new stake in Medtronic during the third quarter worth $27,000. Highline Wealth Partners LLC purchased a new position in shares of Medtronic in the 3rd quarter valued at about $27,000. Darwin Wealth Management LLC acquired a new position in Medtronic in the 3rd quarter worth about $27,000. Lynx Investment Advisory purchased a new position in Medtronic during the second quarter worth approximately $28,000. Finally, J. Stern & Co. LLP purchased a new stake in shares of Medtronic in the third quarter valued at approximately $30,000. 82.06% of the stock is owned by institutional investors and hedge funds. About Medtronic ( Get Free Report ) Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. Further Reading Receive News & Ratings for Medtronic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medtronic and related companies with MarketBeat.com's FREE daily email newsletter .Venezuela Prepares for Election to Select Local ‘Peace Judges’
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WASHINGTON — The stunning overthrow of Syrian President Bashar Assad by Islamist rebels half a century after his family took power raises an old question when it comes to regime change in the Middle East: Will the new governing forces behave any better than those that have been deposed? “The Assad regime has fallen ,” President Biden declared Sunday from the White House. “It’s a moment of historic opportunity for the long-suffering people of Syria.” “It’s also a moment of risk and uncertainty, as we all turn to the question of what comes next,” Biden said. In a matter of weeks , the rebels achieved what the United Nations, the U.S. and other Western powers long tried but failed to do. The Russian government announced late Sunday local time that Assad and his family had arrived in Moscow and were being given asylum, Russian state news agencies reported. Decades of brutal rule by Assad has left Syria fragmented ethnically, religiously and politically. The victorious insurgency is also divided. The leading group, Hayat Tahrir al Sham, known as HTS, traces its roots to the terror organizations Islamic State and Al Qaeda but claims to have reformed. Long concerned about HTS taking power, Washington continues to designate it a terrorist group, which will complicate any dealings with it. The rebel victory also scrambles regional relations. It deals a major setback to Assad’s allies Iran and Russia while boosting Turkey, which backed the HTS and will probably be Washington’s main conduit to Syria’s new leaders. The U.S. backed a different rebel group, the Syrian Democratic Forces, or SDF, a Kurdish militia that helped defeat Islamic State but that Turkey considers a terrorist group. Clashes between the SDF and Turkish-backed factions were already being reported on Sunday. Israel, meanwhile, is glad to see the departures of an Iran-backed Assad but not exactly thrilled at having Islamist leaders next door. The country was already bolstering a buffer zone along the border between the Israel-controlled Golan Heights and Syria and joined in the bombing of a small number of sites inside Syria. By any measure, the immediate future of Syria will be an unstable and potentially violent melange of competing groups, intense jockeying for power and settling of scores. Among worst-case scenarios are a deepening civil war or the conversion of the once-wealthy and now devastated country into a haven for militants such as the Islamic State. After 24 hours monitoring what the White House called the “extraordinary” developments in Syria, Biden convened his National Security Council Sunday for updates and planning before speaking to the American public. “We will remain vigilant,” Biden said, pledging to keep militants at bay and “do whatever we can to support” the Syrian people “to help restore Syria after more than a decade of war and a generation of brutality from the Assad family.” By contrast, Donald Trump, who becomes president in about six weeks, said on his social media platform that the U.S. should “stay out of it.” “This is not our fight,” he said. Similarly, as president in 2019, he declared that “someone else should fight” in Syria and in a much-criticized move ordered the withdrawal of most U.S. troops posted there, clearing the way for Turkey to move in and attack the United States’ Kurdish allies. Several hundred U.S. troops remain in Syria, officially to counter any resurgence by Islamic State. There are other looming issues, however, that might demand a U.S. role, officials said. Syria will need huge amounts of humanitarian aid, especially if some of the millions of citizens who fled as refugees during the last decade of war begin to return to the ruins of their former homes. Also, critically, U.S. officials expressed concern about Assad’s large stockpiles of armament, including missiles and chemical weapons, that could end up in the hands of the rebels. Assad notoriously used chemical weapons on his own people to put down rebellion and dissent. Trump’s pick for director of national intelligence, Tulsi Gabbard, voiced support for Assad after a 2017 visit to Syria. She said she doubted U.S. intelligence reports that he had used chemical weapons inside his country. For many ordinary Syrians, however, the principal concern is how minorities will be treated. Some, like the Alawite Shiite Muslim faction to which Assad’s family belonged, as well as some Kurds and Christians, are seen as having colluded with the regime. Most of the rebels are Sunni Muslims. The first government to congratulate the opposition victory in Syria was Afghanistan’s radically conservative and repressive Islamic Taliban. Ahmed Sharaa, the bearded commander of HTS, has sought to portray the group as a reformed and more moderate faction than its past associations suggest. He has preached tolerance and pluralism, although his rule over Syria’s Idlib province where HTS has held sway only displayed the most minimal version of such policies. Christians, for example, have been allowed to attend church. “These sects have co-existed in the region for hundreds of years,” he told CNN in an interview last week as the rebels were advancing toward Damascus. “No one has the right to erase another group.” He promised a “transition to a state of governance and institutions” and even suggested HTS could disband having achieved its military victory. That would be a very unusual transition in the Middle East, where players who gain power tend to hold on to it. The Assad regime began in 1970 with Bashar’s father Hafez. With an insidious intelligence service, routine imprisonment and torture of dissidents and iron-fist control of media and public speech, the Assads maintained a ferocious and violent control of the Syrian population. The Arab Spring protests of 2011 led to a brutal crackdown and eventually a civil war that killed an estimated 500,000 people. Assad remained in power with military help from Russia, Iran and Hezbollah, the Iran-backed political and military faction based in Lebanon. Over the last year or so, those three allies all lost their ability to defend him. Russia is overextended in its nearly three years of war in Ukraine. Iran has been battered by Israel from outside and dissent and economic turmoil on the inside. And Hezbollah has been vastly weakened by Israeli assassinations and bombardments. It is expected that Syria’s new leaders will close the Russian air base and port on the Mediterranean coast. Iran has lost a large portion if not all of its land and air routes to Lebanon and Hezbollah , its proxy there. In his speech Sunday, Biden claimed some credit for the recent turn of events in Syria, as uncertain as its future may be. “Our approach has shifted the balance of power in the Middle East through this combination of support for our partners, sanctions, diplomacy and targeted military force when necessary,” he said.Avior Wealth Management LLC Sells 14,392 Shares of Global X Cybersecurity ETF (NASDAQ:BUG)One of the biggest and most pressing questions in the aftermath of the 2024 election is just how much President-elect Donald Trump follows through on some of his more authoritarian-leaning proposals . This is a man, after all, who talked about suspending parts of the Constitution , being a dictator for a day , criminalizing dissent and targeting his political enemies for retribution . Trump’s defenders often dismiss these comments as mere provocations, but only one man knows what’s in the president-elect’s heart. And there will surely be fewer obstacles in his second term if he does go down some undemocratic paths.
Swiss National Bank lessened its stake in SPS Commerce, Inc. ( NASDAQ:SPSC – Free Report ) by 1.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,300 shares of the software maker’s stock after selling 700 shares during the quarter. Swiss National Bank owned 0.19% of SPS Commerce worth $14,038,000 at the end of the most recent quarter. A number of other large investors have also made changes to their positions in SPSC. Public Employees Retirement Association of Colorado increased its holdings in shares of SPS Commerce by 2,099.1% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 96,782 shares of the software maker’s stock valued at $18,211,000 after purchasing an additional 92,381 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in SPS Commerce by 662.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 90,694 shares of the software maker’s stock valued at $17,065,000 after acquiring an additional 78,805 shares in the last quarter. F M Investments LLC purchased a new position in SPS Commerce during the 2nd quarter valued at about $13,869,000. Hantz Financial Services Inc. purchased a new position in SPS Commerce during the 2nd quarter valued at about $12,876,000. Finally, Conestoga Capital Advisors LLC increased its holdings in SPS Commerce by 2.4% during the 2nd quarter. Conestoga Capital Advisors LLC now owns 1,227,411 shares of the software maker’s stock valued at $230,950,000 after acquiring an additional 28,970 shares in the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock. SPS Commerce Stock Performance SPS Commerce stock opened at $189.13 on Friday. SPS Commerce, Inc. has a 1 year low of $160.58 and a 1 year high of $218.74. The firm has a 50 day moving average price of $186.72 and a 200 day moving average price of $191.24. The company has a market cap of $7.11 billion, a price-to-earnings ratio of 90.49 and a beta of 0.84. Insider Activity at SPS Commerce In other SPS Commerce news, CEO Chadwick Collins sold 6,839 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $169.69, for a total transaction of $1,160,509.91. Following the completion of the sale, the chief executive officer now directly owns 54,446 shares in the company, valued at $9,238,941.74. The trade was a 11.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . 1.00% of the stock is owned by insiders. Wall Street Analyst Weigh In SPSC has been the subject of several recent research reports. DA Davidson raised their target price on shares of SPS Commerce from $225.00 to $240.00 and gave the company a “buy” rating in a report on Friday, July 26th. Northland Securities downgraded shares of SPS Commerce from an “outperform” rating to a “market perform” rating and raised their target price for the company from $205.00 to $209.00 in a report on Monday, July 29th. Needham & Company LLC restated a “buy” rating and set a $230.00 target price on shares of SPS Commerce in a report on Friday, October 25th. Northland Capmk cut shares of SPS Commerce from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 29th. Finally, Craig Hallum raised their price target on shares of SPS Commerce from $210.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $223.63. View Our Latest Stock Report on SPS Commerce About SPS Commerce ( Free Report ) SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships. Featured Stories Want to see what other hedge funds are holding SPSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPS Commerce, Inc. ( NASDAQ:SPSC – Free Report ). Receive News & Ratings for SPS Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPS Commerce and related companies with MarketBeat.com's FREE daily email newsletter .Rick Palacio, the former chair of the Colorado Democratic Party, violated the state’s ethics law when he became a consultant for Gov. Jared Polis in late 2020 because he had too recently served as the governor’s chief of staff, the state’s Independent Ethics Commission ruled. Former Colorado Democratic Party chairman Rick Palacio. (Handout) The commission did not levy any financial penalties against Palacio, who led Colorado Democrats from 2011 to 2017. That is because commissioners determined he had not “violated the public trust,” according to a report issued by the commission last week. A complaint was filed against Palacio in 2021 by Defend Colorado, a conservative group, alleging he’d violated ethics rules the year before when he was hired as a consultant for Polis’ office immediately after serving as the governor’s interim chief of staff. Palacio served as interim chief in late 2020, while the governor’s permanent chief of staff was on maternity leave. After then-chief Lisa Kaufmann returned to work in November 2020, Palacio remained on staff for the rest of the month. He was then given a contract as a consultant beginning Dec. 1, 2020, to continue working on pandemic-related issues. Colorado’s ethics law requires recently separated state employees to wait six months before they can be contracted by a state agency to work on anything they had previously been directly involved with, as Palacio was with pandemic efforts. Still, the commission found that Palacio did not need to face any penalties because he had not violated the public trust. Commissioners found that he did not violate a state law barring state employees from using official acts to enrich themselves. According to the report, Defend Colorado agreed that “Mr. Palacio’s consulting contract did not create a conflict of interest or a potential for unfair advantage in Mr. Palacio’s favor.” In an emailed statement Friday, Palacio said the state was “confronted with a once-in-a-century pandemic” during his work with Polis’ office. When “my state needed help, I was honored to step up and serve,” he wrote. “In moments of crisis, I have always believed it is our duty to contribute however we can, and I would hope that anyone else would do the same if called upon by their governor or president.” In a statement, Polis spokesman Eric Maruyama said the governor’s office was “deeply grateful for (Palacio’s) exceptional contributions” and said the office was pleased that the ethics commission found that “Palacio’s actions never compromised the public trust or caused harm to the state.” Stay up-to-date with Colorado Politics by signing up for our weekly newsletter, The Spot.
