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Thanksgiving is my favorite American holiday. Let me count some of the ways I love Thanksgiving: Because it isn’t very commercialized. Because it doesn’t leave out the lovelorn and the lonely. Because it has an intrinsic honesty: It’s about being grateful. Because it’s about as much extended family as most of us can take: just one day of them. Because the political class generally shuts up. It doesn’t feel necessary to make long atavistic speeches with dubious grandiloquence that no one believes, least of all the speakers. Because you don’t have to receive presents and lie to your close friends and family, “I always wanted a toy pig that burps,” or “Thank you for the lovely necktie. I’m sure they will come back into fashion in a few decades.” Because no flags or bunting appear, and most houses aren’t turned into glaring neon performance art, nor are skeletons hanging from swing sets. Because you don’t have to wear a funny hat and red or green or any other color that signals that you are in the spirit of the event. Because when I worked on the newspapers, I could volunteer and get paid double or better in overtime for a shift on Thanksgiving Day. From my arrival at New York’s Idlewild Airport in 1963, I have been able to luxuriate in America’s bounty and give thanks. It wasn’t always easy being an immigrant, even one of favored language and provenance (British), and it didn’t spare me and my English wife, Doreen, from hard times. We had those. But America remained the mansion on the high ground where, if we were lucky, we could be let in to enjoy the riches of acceptance. My first experience of the United States — and I give thanks for it — was the taxi driver who, when he learned I had hardly any money, gave me a free guided tour of Manhattan, Bronx and Brooklyn. Finally, he deposited me at an uncompromising address on Flatbush Avenue in Brooklyn, where I was to stay while I found work and before I sent for Doreen, my cherished first wife. It was a walk-up with no air conditioning. My hosts were an English couple in their 70s: Doreen’s aunt and her husband. She helped with newborns in wealthier people’s homes well into her old age. He had worked rather unsuccessfully as an industrial jeweler. They were palpably short of money and hadn’t enjoyed an easy life since arriving in America in 1918. Their story had a fairytale, extraordinary last volume. Out on Long Island, their grandson and granddaughter were growing up with a single mother, also in straitened circumstances. She worked with seedlings in a plant nursery. The grandson was to climb to the apex of achievement, to stun his family and, in time, the world with his talent. This young man and I would swim in Long Island Sound, where we would head for anchored yachts with people partying on board. A decade older than my companion, I always believed that when they looked down on the swimmers, the partiers would invite us aboard for food and drink. It never happened, but we enjoyed our aquatic adventures and social failure. If they had only known! As I said, that young man was destined to win all that his mother and grandparents didn’t have. His name is Billy Joel, the “Piano Man.” He is someone for all in America to be thankful for — proof that in the United States, the last can be first. King is the executive producer and host of “White House Chronicle” on PBS. He wrote this for . Get local news delivered to your inbox!Canadian National Railway Co. stock rises Friday, outperforms marketB. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Hancock Whitney Co. ( NASDAQ:HWC – Free Report ) during the third quarter, Holdings Channel reports. The firm purchased 15,830 shares of the company’s stock, valued at approximately $810,000. Other hedge funds have also recently bought and sold shares of the company. Triad Wealth Partners LLC bought a new stake in shares of Hancock Whitney in the 2nd quarter worth about $31,000. Mather Group LLC. acquired a new position in Hancock Whitney in the second quarter valued at about $37,000. Headlands Technologies LLC bought a new stake in Hancock Whitney during the second quarter worth about $43,000. CWM LLC raised its stake in shares of Hancock Whitney by 268.9% in the second quarter. CWM LLC now owns 985 shares of the company’s stock valued at $47,000 after acquiring an additional 718 shares during the last quarter. Finally, Meeder Asset Management Inc. acquired a new position in shares of Hancock Whitney in the 2nd quarter worth approximately $63,000. 81.22% of the stock is currently owned by institutional investors and hedge funds. Hancock Whitney Price Performance HWC opened at $59.97 on Friday. The company has a fifty day moving average price of $53.39 and a two-hundred day moving average price of $50.50. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.81 and a current ratio of 0.82. The firm has a market capitalization of $5.16 billion, a PE ratio of 13.45 and a beta of 1.25. Hancock Whitney Co. has a 52 week low of $39.38 and a 52 week high of $61.41. Hancock Whitney Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Thursday, December 5th will be given a $0.40 dividend. The ex-dividend date is Thursday, December 5th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.67%. Hancock Whitney’s dividend payout ratio is 35.87%. Insider Buying and Selling In other news, CEO John M. Hairston sold 18,000 shares of Hancock Whitney stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $59.44, for a total transaction of $1,069,920.00. Following the transaction, the chief executive officer now owns 254,026 shares in the company, valued at $15,099,305.44. The trade was a 6.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, Director Carleton Richard Wilkins sold 800 shares of the business’s stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $50.95, for a total value of $40,760.00. Following the completion of the transaction, the director now owns 15,900 shares of the company’s stock, valued at $810,105. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 27,994 shares of company stock valued at $1,593,710 in the last 90 days. 1.10% of the stock is owned by insiders. Analysts Set New Price Targets A number of research firms recently weighed in on HWC. DA Davidson raised their price target on Hancock Whitney from $62.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. Truist Financial lowered their price target on shares of Hancock Whitney from $57.00 to $56.00 and set a “hold” rating for the company in a report on Friday, September 20th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $56.89. Read Our Latest Stock Report on Hancock Whitney Hancock Whitney Profile ( Free Report ) Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It offers various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products. See Also Want to see what other hedge funds are holding HWC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hancock Whitney Co. ( NASDAQ:HWC – Free Report ). Receive News & Ratings for Hancock Whitney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hancock Whitney and related companies with MarketBeat.com's FREE daily email newsletter .
Lemonade ( NYSE:LMND – Get Free Report ) had its price objective upped by stock analysts at JMP Securities from $40.00 to $60.00 in a research report issued on Friday, Benzinga reports. The firm presently has a “market outperform” rating on the stock. JMP Securities’ price objective suggests a potential upside of 21.75% from the stock’s previous close. Other research analysts have also recently issued research reports about the company. BMO Capital Markets increased their price target on Lemonade from $13.00 to $15.00 and gave the stock an “underperform” rating in a research note on Thursday. Keefe, Bruyette & Woods downgraded shares of Lemonade from a “market perform” rating to an “underperform” rating and upped their price objective for the stock from $18.00 to $21.00 in a report on Thursday, November 7th. Jefferies Financial Group lowered their target price on shares of Lemonade from $15.00 to $14.00 and set an “underperform” rating on the stock in a research note on Wednesday, October 9th. Morgan Stanley upgraded shares of Lemonade from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $23.00 to $42.00 in a research report on Wednesday. Finally, Piper Sandler increased their price objective on shares of Lemonade from $25.00 to $44.00 and gave the company a “neutral” rating in a report on Thursday. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Lemonade has an average rating of “Hold” and a consensus price target of $30.43. Check Out Our Latest Analysis on LMND Lemonade Stock Down 2.1 % Lemonade ( NYSE:LMND – Get Free Report ) last released its quarterly earnings results on Wednesday, October 30th. The company reported ($0.95) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.02) by $0.07. Lemonade had a negative return on equity of 32.85% and a negative net margin of 43.51%. The company had revenue of $136.60 million for the quarter, compared to analysts’ expectations of $129.10 million. During the same quarter in the previous year, the company posted ($0.88) earnings per share. The business’s revenue for the quarter was up 19.3% compared to the same quarter last year. As a group, equities analysts anticipate that Lemonade will post -3.05 EPS for the current year. Insider Transactions at Lemonade In related news, CFO Timothy E. Bixby sold 2,050 shares of Lemonade stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $18.24, for a total value of $37,392.00. Following the transaction, the chief financial officer now owns 271,552 shares of the company’s stock, valued at approximately $4,953,108.48. This trade represents a 0.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, COO Adina Eckstein sold 23,644 shares of Lemonade stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $40.00, for a total value of $945,760.00. Following the completion of the transaction, the chief operating officer now directly owns 189,653 shares in the company, valued at $7,586,120. This represents a 11.09 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold 102,892 shares of company stock valued at $3,783,045 in the last quarter. Insiders own 12.50% of the company’s stock. Institutional Investors Weigh In On Lemonade Several hedge funds have recently made changes to their positions in LMND. Blue Trust Inc. grew its stake in Lemonade by 220.0% during the 3rd quarter. Blue Trust Inc. now owns 2,733 shares of the company’s stock valued at $45,000 after acquiring an additional 1,879 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its holdings in shares of Lemonade by 321.3% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,462 shares of the company’s stock worth $74,000 after purchasing an additional 3,403 shares during the period. Quest Partners LLC grew its position in Lemonade by 1,647.6% during the third quarter. Quest Partners LLC now owns 9,105 shares of the company’s stock valued at $150,000 after purchasing an additional 8,584 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in Lemonade in the 2nd quarter valued at approximately $180,000. Finally, Bristlecone Advisors LLC acquired a new position in Lemonade in the 3rd quarter valued at approximately $218,000. Hedge funds and other institutional investors own 80.30% of the company’s stock. About Lemonade ( Get Free Report ) Lemonade, Inc provides various insurance products through various channels in the United States, Europe, and the United Kingdom. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. Featured Stories Five stocks we like better than Lemonade 3 Home Improvement Stocks that Can Upgrade Your Portfolio Vertiv’s Cool Tech Makes Its Stock Red-Hot Do Real Estate Investment Trusts Deserve a Place in Your Portfolio? MarketBeat Week in Review – 11/18 – 11/22 There Are Different Types of Stock To Invest In 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Lemonade Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lemonade and related companies with MarketBeat.com's FREE daily email newsletter .Donald Trump's rise as the first " " has riled up the industry in anticipation of a golden age for cryptocurrencies. Among a host of awaited changes, crypto enthusiasts are especially eager to see Trump follow through on a pledge he made in July to create a . With Trump now set to reenter the White House in January, the promise has helped slingshot to a string of record highs, with few signs of any impending . "I think it's exciting in the sense that it certainly gives credibility to cryptocurrency and bitcoin,"Scott Mason, a Holland & Knight senior policy advisor with expertise in blockchain and crypto, told Business Insider. In the same week that Trump pledged to create a national stockpile, Wyoming Senator Cynthia Lummis put out the leading blueprint for what one could look like. Under her so-called , the US would accumulate 1 million bitcoins over 20 years, with the goal of owning approximately 5% of the total supply. " . This would be an asset that could help shore up the US dollar as the world reserve currency, and serve as a reserve that could be used to reduce the national debt significantly," she explained on Thursday. The industry is excited by this idea. Presuming that the token's finite supply leads to a higher price, amassing a portion of bitcoin today could allow the US to offset rising in the coming years. It is also presumed that bitcoin's appreciating value will counterbalance the weakening of the dollar in the event of another bout of inflation. "This is the type of action that would cost us very little financially, but could have a profound impact on our financial health in the future," crypto bull Anthony Pompliano wrote in a calling for the US to print $250 billion to rake in more bitcoin. Yet, not everyone is convinced. Ananya Kumar, deputy director for the future of money at the Atlantic Council's GeoEconomics Center, is uncertain about bitcoin's role as an inflation hedge. Unlike gold, she said that the currency still tends to track the stock market. If the US invests in a volatile asset, it risks downstream effects on the economy, she told BI. Under Sen. Lummis' proposal, the US would convert gold certificates held by the Federal Reserve to today's fair market value before selling them and . That's not inconsequential, Kumar said: "It is incredibly inflationary, and you're going to have to rethink how the Fed works. You're sort of adding a time component to all of this." Other lingering questions remain, such as whether the US public — most of whom does not own bitcoin — will favor the idea. Whatever the obstacles may be, investors are largely optimistic that a reserve is coming in the next year. According to the betting market , there's a 64% chance it will happen before 2026. But it might all depend on Congress, where support appears to be lacking right now, crypto billionaire Michael Novogratz said. "While the Republicans control the Senate, they don't have 60 seats," the Galaxy founder told , while questioning the need for a reserve. For those hoping that the incoming administration could create the reserve through executive action, it will require guardrails that may be too big for a presidential order to handle, Mason said. "Who controls the balance? Who controls the ability to buy and sell?" he told Business Insider. Congress will ultimately have to collaborate with the Federal Reserve and the Treasury, and it could take a while for that to happen. Both Kumar and Mason said they don't expect Capitol Hill to prioritize the reserve. Even in terms of crypto legislation, other bills will likely come first. Novogratz predicted that the event would amount to such a paradigm shift that it would send bitcoin to $500,000. His forecast is based on the idea that other countries would feel pressured to follow suit and establish their own bitcoin reserves. The same theory is why Matt Mena, crypto research strategist at 21Shares, previously told BI that bitcoin could soar to "almost overnight." "Such a move would trigger a rush by other countries to front-run the US and their neighbors, spurring global competition to build reserves," he said over email. "In this scenario, Bitcoin's total market cap could easily surpass gold's." Kumar doesn't expect the reserve's impact to be that direct. Crypto bulls may be taking an example from the fact that countries tend to have an oil reserve, and the price of oil can be impacted when they. add to or reduce their stockpile. However, the difference is that oil is strategically important during major supply disruptions, while bitcoin's importance as an asset for governments to own is still being debated. Read the original article onTulsa fires coach Kevin Wilson a day after blowout loss to South Florida
TULSA, Okla. (AP) — Tulsa fired football coach Kevin Wilson on Sunday and will elevate wide receivers coach Ryan Switzer on an interim basis for the remainder of the season. Read this article for free: Already have an account? To continue reading, please subscribe: * TULSA, Okla. (AP) — Tulsa fired football coach Kevin Wilson on Sunday and will elevate wide receivers coach Ryan Switzer on an interim basis for the remainder of the season. Read unlimited articles for free today: Already have an account? TULSA, Okla. (AP) — Tulsa fired football coach Kevin Wilson on Sunday and will elevate wide receivers coach Ryan Switzer on an interim basis for the remainder of the season. The Golden Hurricane lost to South Florida 63-30 on Saturday, dropping their record to 3-8. The school’s decision concludes Wilson’s two-year tenure with a 7-16 record, including 3-12 in American Athletic Conference play. “With the rapidly evolving landscape of college athletics, we know the importance of positioning our football program and athletic department to thrive and excel in the upcoming years,” athletic director Justin Moore said in a statement. “Our standard will be to play in bowl games every season, compete for conference titles, and build a program that everyone connected to the Golden Hurricane will be proud of.” Wilson spent six years as Indiana’s head coach, going 26-47 from 2011 to 2016. He then joined Urban Meyer’s staff at Ohio State and stayed on under Meyer’s successor, Ryan Day, before taking over at Tulsa. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football Advertisement
10 notable books of 2024, from Sarah J. Maas to Melania TrumpScott Laughton and Aleksei Kolosov spearheaded a 4-1 win for the Flyers over the Red Wings on Thursday night at the Wells Fargo Center. Laughton delivered all four goals and Kolosov was strong in net. > Philadelphia news 24/7: Watch NBC10 free wherever you are The Flyers (14-12-4) won their second straight and have earned at least a point in 13 of their last 17 games (10-4-3). John Tortorella's club was able to build off one of its best performances of the season, a 5-3 win Tuesday night over the Blue Jackets . After Detroit trimmed the Flyers' lead to 2-1, Laughton scored an empty-netter to give himself a hat trick. He added a second empty-netter for good measure. The 30-year-old became the first Flyer to score four goals in a game since John LeClair did it in October 2002. "Really happy for him," Sean Couturier said. "He's probably one of the best teammates you can have around." Laughton is a beloved Flyer who has been in the organization since 2012 . He received a lengthy standing ovation from his teammates in the locker room after the game. Complete coverage of the Philadelphia Flyers and their rivals in the NHL from NBC Sports Philadelphia. "It was pretty electric in here," Laughton said. "We're a close group and we celebrate the wins. A good feeling tonight, for sure. Kind of get my game going hopefully offensively. It was an awesome night." Similar to the Flyers, the Red Wings (11-14-4) have played a lot of close games, with 10 of their last 12 decided by one goal. The Flyers visit Detroit in six days for the second of three meetings between the clubs. • Kolosov denied 25 of 26 shots. The 22-year-old was sharp and the Flyers helped his cause by heavily dictating the second period. Kolosov looked like his athletic self and flashed his glove multiple times. "To get the scoring chances he got in the second half of that third period and how he stood in there," Tortorella said. "He was really good." The Red Wings got one past him with 3:53 minutes left in the game. Coming in, Kolosov was 3-1-1 with a 2.58 goals-against average and .904 save percentage over his last five starts. "You can tell he's a gamer, he battles hard, he fights for a lot of pucks," Couturier said. "He's really athletic and never quits on pucks." More: Tortorella lays out Flyers' goalie depth chart Detroit netminder Cam Talbot was excellent, stopping 32 of the Flyers' 34 shots. Before Laughton cracked him with a breakaway windup and blast in the second period, Talbot had just made three excellent saves to keep the game scoreless. He robbed Matvei Michkov with a glove stop. Then, in a 16-second span, he denied a 2-on-1 look for Joel Farabee and a Couturier breakaway. So Laughton unloaded a slap shot. "Coots has a breakaway, a 2-on-1 Beezer misses; I think Laughts said, 'The hell with this, I am just going to drive this thing,'" Tortorella said. "And that's what he did. For a Scotty Laughton, you always hope good things happen for him. He has worked so hard. It's good and it's a big reason why we win the game, obviously." By second intermission, the Flyers had put 30 shots on Talbot. In the third period, Laughton struck again. He recorded his NHL-leading 17th shorthanded point since the 2022-23 season with a goal off a feed from Travis Konecny. Those two make up a dangerous duo on the penalty kill. "Scotty's one of those guys that it doesn't matter where he is in the lineup or what his job is, he's always a good spirit at the rink," Konecny said. "He never complains about anything, he just goes and puts his head down and does what he has to do. I think when he's called upon for offense, he has got a lot of skill." The Flyers went on the PK right after the opening draw of the third period. Michkov was given a roughing penalty after getting into it with Alex DeBrincat. It has become more and more clear that Michkov plays with an edge. • Michkov had his season-best five-game point streak snapped. The 20-year-old winger had three goals and seven assists over the run. On a delayed Red Wings penalty in the second period, Michkov nearly pulled off "the Michigan." He tried to score the lacrosse style goal from behind the net but Talbot slid over in time to make the save. Thursday night was the first time Michkov didn't record a point since Nov. 29. He entered as a point-per-game player on the season with 11 goals and 16 assists through 27 games. • Emil Andrae was a healthy scratch as Egor Zamula drew into the lineup and played alongside Rasmus Ristolainen. The 22-year-old Andrae has bolstered the Flyers' defense. But over the last two games, he was a minus-3 and took a heavy hit. "I think Andrae has fought it," Tortorella said at morning skate. "It has been a little bit of a struggle with the puck, it has been a struggle without the puck. We've got to be careful when we're developing a guy like that, he comes in here like gangbusters." • The Flyers practice Friday at noon ET before flying to St. Paul, Minnesota for a matchup Saturday with the Wild (2 p.m. ET/NBCSP). Subscribe anywhere you get your podcasts: Apple Podcasts | Youtube Music | Spotify | Stitcher | Simplecast | RSS | Watch on YouTubeAsia’s middle distillates markets remained thinly discussed on the spot front as January negotiations were yet to go into full swing, with traders keeping a close eye on China export availability and demand in the West. Supply movements will hinge on demand expectations from the West, with some traders already expecting swing cargoes to pivot West once the market there picks up. Focus was also on China’s announcement on export quotas for next year, with some traders already closing their trading programmes for this year. On spot sales front, refiner offers were scant for a second straight session, though January discussions are expected to begin soon from northeast Asia. Term negotiations continued, with Petrolimex closing its tender to buy two cargoes of 10ppm sulphur gasoil and one cargo of 500ppm sulphur gasoil per month for January-December delivery. Offers need to be valid until Dec. 15. Meanwhile, the arbitrage price spread for jet fuel between Asia and the U.S. west coast remained open, with traders still expecting flows on this route to continue for December. Refining margins slipped further for a second straight week, closing at around $14.4 a barrel on Friday. Cash differentials declined slightly to a premium of 35 cents a barrel, as lower-priced offers for prompt loading cargoes stayed prevalent. Regrade dipped by almost 40 cents week-on-week to close at around 33 cents a barrel on Friday, though some traders were still bearish on the jet fuel market fundamentals. – No deals for both fuels – Gasoil stocks, which include diesel and heating, fell by 5.5% on the week to 2.13 million tons due to higher exports from ARA to northwest Europe and the Baltics. – OPEC+ on Thursday pushed back the start of oil output rises by three months until April and extended the full unwinding of cuts by a year until the end of 2026 due to weak demand and booming production outside the group. – U.S. oil producer Chevron on Thursday said it will take up to $1.5 billion in fourth-quarter charges for restructuring, asset impairments and property sales costs. Source: Reuters (Reporting by Trixie Yap; Editing by Varun H K)
