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ATLANTA (AP) — Ethan Vasko threw three touchdown passes and ran for a fourth as Coastal Carolina became bowl eligible by beating Georgia State 48-27 for its sixth win of the season in the regular season finale on Saturday. The Chanticleers evened their season record at 6-6 with the win and finished 3-5 in the Sun Belt East. The loss leaves Georgia State (3-9) with just one win in eight conference games. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Imran Khan agreed to change protest venue, Bushra Bibi insisted on D-Chowk: Pakistan Defence MinisterNov. 21 was a big day for Pentagon defense contracts -- and for Boeing (NYSE: BA) in particular. The U.S. Air Force, Navy, and Defense Logistics Agency made three separate contract awards to the giant defense contractor -- for the production of refueling tankers and maritime surveillance aircraft, and for maintenance work on V-22 Osprey tilt-rotor planes. These contracts allocated just under $4.7 billion in funding, making for one of Boeing's most lucrative business days of the year. On that very same day, though, a smaller U.S. Army award was allocated to another defense company, with which you may be less familiar. Based in Huntsville, Alabama, Dynetics is a one-time private aerospace company that defense tech specialist Leidos (NYSE: LDOS) snapped up for $1.7 billion in late 2019. Five years later, the Army has awarded this Leidos subsidiary $670.5 million in a single contract, to conduct research and development on hypersonic missiles. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » What you need to know about Leidos Reporting on the award, The Defense Post noted that Dynetics is part of a team of contractors led by Lockheed Martin , working on long-range hypersonic weapons (LRHWs) for the Army, and conventional prompt strike (CPS) hypersonic missiles for the Navy. The Pentagon's contract award contained few details on Dynetics' assignment, noting only that it involves the "glide body and thermal protection system" for hypersonic weapons systems. But the Pentagon did mention that although the Army published a broad invitation for bids for its hypersonics work, only one company felt qualified enough to bid on it: Dynetics (which now means Leidos). And that caught my interest. I've been following Leidos as a defense stock for some years now. I discussed the stock briefly earlier this year when surveying valuations (and concluding that, by and large, defense stocks cost too much ); I noted that among 10 large defense stocks, Leidos stood out as the single best-performing defense stock in the U.S., having more than tripled in share price over the last seven years. Even more interesting is Leidos' potential to keep on outperforming the rest of the defense industry. Valuing Leidos Consider: From 2003 through 2023, the valuation of Leidos stock averaged an enterprise-value-to-free-cash-flow (EV/FCF) ratio of 1.3. That's similar to the stock's current enterprise-value-to-sales (EV/S) ratio of 1.6, and price-to-sales (P/S) of 1.4. Meanwhile, the average defense stock today has an EV/S of 2.2 and a P/S of 1.8. Compared to others in the industry, Leidos' stock looks relatively cheap. Leidos also looks attractive when considered on its own merits. Valued at just under $22 billion in market capitalization, for example, the stock sells for a relatively attractive price-to-earnings (P/E) ratio of just 18.2. Relative to its 15.4% long-term expected earnings growth rate and its 1% dividend yield, that gives the stock a total return ratio of 1.1 -- within 10% of "fair value." Additionally, strong free cash flow (relative to reported net income) gives the stock a price-to-free-cash-flow (P/FCF) ratio of 17.4. Substituting FCF for net income gives the stock a total return ratio even closer to fair value. Is it time to buy Leidos stock? While all these calculations suggest that Leidos isn't quite "cheap" just yet, it does appear to be cheaper than almost any other defense stock. At the same time, Leidos is coming off a strong third-quarter earnings report: It featured better than expected sales and earnings, an upwards revision to guidance, and (perhaps best of all) confirmation of tremendous momentum in contract wins. New contracts won during the quarter (bookings) outmassed bills for work performed (billings, or revenue) by nearly 2 to 1. (To be precise, the company's book-to-bill ratio was 1.9.) And this was before Leidos was awarded its new $670.5 million hypersonics contract, which arrived after the close of the quarter. Viewed in light of the stock's already defensible valuation -- one verging on bargain territory -- the company's strong bookings performance in Q3, plus its big hypersonics win early in Q4, all suggest that big things lie ahead for Leidos. While not a bargain yet, it's close enough to fair value to be worth watching in case the stock market suffers a pullback. Should you invest $1,000 in Leidos right now? Before you buy stock in Leidos, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Leidos wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $872,947 !* Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of December 2, 2024 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . History Suggests This Defense Stock Will Outperform the Defense Market was originally published by The Motley FoolAP News Summary at 6:22 p.m. EST
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A tuition freeze without more state aid could leave Texas universities strappedhe ' win over the on Black Friday was a game that won't soon be forgotten, and neither was Al Michaels' performance. The Amazon Prime announcer was on the call for the game alongside The duo were treated to an exciting finish as the Chiefs came out 19-17 victors after the Raiders fumbled away a late chance to potentially kick a game-winning field goal. While the exciting finish made plenty of headlines, so did Micheals when he referenced , the former New England Patriots tight end who was found guilty of murder. was charged with the murder of in 2013 and later found guilty in 2015. He was sentenced to life in prison without parole, but in 2017 he was found dead in his cell with his passing ruled a suicide. What Michaels said During Friday's game, likened the partnership of while with the Patriots to that of current Chiefs tight ends The comparison came after in the second quarter. While the companion was rather harmless, plenty of fans took to social media to question "No Al Michaels, let's not compare Noah Gray to Aaron Hernandez," wrote one fan. Another wrote: "Al Michaels casually comping Noah Gray to Aaron Hernandez is so f***ing wild..." "Al Michaels name dropping Aaron Hernandez was not on my bingo card, said another, while one fan was particularly frustrated: 'NOOOOOO AL MICHAELS DON'T MENTION AARON HERNANDEZ ON AMAZON PRIME VIDEO BLACK FRIDAY FOOTBALL NOOOOOOOOO!" Some fans questioned whether the NFL and commissioner would be happy to hear mentioned. "Al michaels uttering the name "aaron hernandez" on air has to have activated whatever spidey-sense roger goodell possesses," wrote the fan.Movie Review: ‘September 5’ goes inside a newsroom during the Munich Olympics hostage crisis
Ireland's centre-right parties close in on re-electionATHENS, Ohio — AJ Clayton scored 16 points as Ohio beat Robert Morris, 84-68, on Saturday. The Colonials (6-3) were led by Josh Omojafo, who recorded 15 points. Antallah Sandlin’El added 14 points for Robert Morris. Alvaro Folgueiras finished with 12 points and seven rebounds. The loss ended a six-game winning streak for the Colonials. RMU returns to UPMC Events Center to open Horizon League play Wednesday night against Youngstown State. Clayton had seven rebounds for the Bobcats (3-5). Victor Searls scored 14 points and added seven rebounds. Jackson Paveletzke and Aidan Hadaway both scored 11 points.
An international study has found “high levels of alcohol industry penetration” in the formulation of government alcohol policies in 24 countries, including Ireland. The findings have been criticised by Alcohol Action Ireland, which described industry access to policymakers as “extensive”. However, the Irish drinks industry said it had a “right” to engage with policymakers, given the scale of the sector in Ireland. The Department of Health said most of the Public Health (Alcohol) Act 2018 has come into effect, with two outstanding provisions — on a broadcast watershed and labelling of alcohol products — due to start next January and in May of 2026 respectively. The study, published in the British Medical Journal , involved researchers in 24 countries, including five European states, Ireland among them. It found that Ireland scored five out of five in terms of “indicators of alcohol industry penetration” in policy making, namely: Ireland was the only one of the five European counties (the others being Finland, Lithuania, Netherlands, and Norway) that had all five indicators. The research also examined “indicators of government safeguards” to limit industry influence. These indicators were: It found that Ireland scored four out of five of these indicators, with the last one — records of meetings — the sole safeguard in place. Concluding, the research said: “We found high levels of alcohol industry penetration and very limited government safeguards against alcohol industry influence across 24 diverse jurisdictions. “Learning from experiences in tobacco control, governments should adopt stronger measures to protect policies from the alcohol industry’s vested interests, including restricting interactions and partnerships with the alcohol industry, limiting political contributions and enhancing transparency.” Sheila Gilheany of Alcohol Action Ireland said: “Alcohol industry access to policy-making in Ireland is extensive. "It is clear from lobbying returns that industry meets frequently with government officials and senior politicians across multiple departments. This is shocking given this industry costs Ireland at least €12 billion annually. “Such access has the effect of stymieing progress in tackling the multiple issues around alcohol in Ireland with policy makers absorbing industry narratives and being deflected from taking the common-sense measures that have widespread public support such as controls on alcohol advertising and licensing hours.” Drinks Ireland said the sector was a “driver of economic prosperity”, creating jobs and acting as a catalyst for wider economic activity. in many rural areas. “An industry of this magnitude and reach has the right to engage with policymakers in this capacity and seek vital business supports where necessary,” the statement said. “We do so in line with transparency and lobby register standards and requirements. “Drinks Ireland believes that there is insufficient engagement with industry on alcohol related policy and legislation.” It said that the findings seemed to show that Ireland “differs little” from the findings of other countries. The statement said Drinks Ireland wanted a Government strategy of “proper engagement” with the industry, adding: “This has been lacking in recent years, with policy makers adopting policies that rely on outdated stereotypes.” The Department of Health told the Irish Examiner that five key provisions of the Public Health (Alcohol) Act 2018 “have come into effect”. These provisions relate to: It said a broadcasting watershed provision will come into effect in January 2025, while provision on the labelling of alcohol products will commence on May 22, 2026. It added that the Department of Justice had responsibility for alcohol licensing laws and that the Department of Finance dealt with alcohol taxation.President Bola Tinubu on Saturday expressed his strong determination to confront Nigeria’s problems, which he described as diverse and deep-rooted. Tinubu noted that his solutions would come through agriculture, which remains a strategic sector for diversifying Nigeria’s economy. The president stated this on Saturday in Umuahia on the occasion of the 12th convocation ceremony of the Michael Okpara University of Agriculture, Umudike. He added that this was why his government increased the number of agricultural universities in the country. Tinubu, who was represented by the Director (Extension), the Federal Ministry of Agriculture and Food Security, Dr. Deola Lordbanjou, said, “Our nation’s problems are diverse and deep-rooted, but we are strongly determined to confront them. Agriculture remains a strategic sector for diversifying our economy, disproportionately dependent on oil. Nigeria certainly needs the solid support of her agricultural scientists and experts as strategic game changers to end hunger in this country. Consequently, the government increased the number of agricultural universities in the country. Your technical skills and expertise will continue to be required until we reach the Promised Land of food security. “This administration is aware of the unique role that quality education can play in developing men and women of character who are citizens dedicated to the service of their fatherland. Our problems as a nation are numerous, multi-faceted, and complicated. Good education is necessary to understand the complexity of the problems and develop innovative and effective strategies to address the socio-economic and political issues confronting our nation. “Believing that we must guarantee access to education as a necessary tool to fight poverty and foster growth, this administration has set up the National Education Loan Fund (NEL Fund) to grant student loans on generous terms. This people-orientated initiative will not significantly alleviate the sufferings of Nigerian students and their parents.” The president added that the establishment and progressive increase of specialised universities of agriculture in the country was well thought out and properly planned to make the country self-sufficient in food production. “As a nation, we are looking up to the universities to innovatively drive the transformation of our agricultural sector to achieve food security, diversify the economy, and broaden the base for industrialisation. The potential for agricultural investments in our country is excellent, considering the diversity of our soils, crops, livestock, and climate. Related News Nigeria, France sign €300m agreement on agriculture, food security FG unveils unmanned aerial vehicles lab Reps confirm Oluyede as COAS “Despite our large population, I feel confident that we can provide our needs for staple foods from local production. We can quickly and significantly reduce our dependence on imported food items with solid determination,” he added. Tinubu further encouraged private organisations and public-spirited individuals to join hands with the government and Nigeria’s frontline institutions to achieve the dream. He also solicited support from Nigerian universities of agriculture in forming partnerships and linkages to scale up agricultural research findings with a win-win target. The President said, “The socio-economic and political problems that this administration inherited are gradually being addressed. However, we acknowledge the difficulties our citizens are going through. We have accepted the challenge of confronting our problems. “With great determination, we are vigorously evolving sound policies, swiftly fine-tuning and strategically re-aligning them to deal firmly with the root causes of the problems. There are no easy fixes for these problems, but do not doubt that our people will gladly rejoice when these measures are implemented. “The complete deregulation of the downstream petroleum sector, painful as it may be at the beginning, is the key to our energy security and a catalyst for investment in that sector. Healthy competition would ultimately be to the advantage of the consumer and at no cost fo the poor. We are committed to these measures and to the overall development of our nation. “The burden of insecurity is still with us, but our security agencies and armed forces, with the government’s active support, are not giving the criminal elements any respite. Our forces are determined to end banditry and all forms of insecurity in Nigeria, and they have the strong support of my administration. We must secure every inch of our country so law-abiding citizens can go about their lawful business unhindered by fear.” The President assured of the government’s continued support in improving Nigerian tertiary institutions’ teaching and learning infrastructure and pleaded, stating, “Similarly, please reciprocate the government’s effort by ensuring a peaceful and conducive environment for proper teaching and practical learning.”. Earlier, the Vice Chancellor, Michael Okpara University of Agriculture Umudike, MOUAU Prof. Maduebibisi Ofo Iwe, highlighted the major challenges of the university, including paucity of funds, provision of essential amenities, state of access roads, and japa syndrome of trained staff, while the state governor, Alex Otti, represented by his Deputy, Ikechukwu Emetu, said his administration is committed to enhancing supportive learning environments. The Pro-Chancellor, Comrade Fidelis Edeh, assured the university community, stating, “Our Governing Council would rather strive to uphold accountability and demonstrable results in Council affairs.”
Virgin Media O2 has divulged insights indicating a shift in British habits for 2024, with more individuals reverting to office-based work and tucking in for an earlier bedtime. According to the telecoms heavyweight, anonymised data gathered from the O2 mobile network underlined a rise in commuting activities throughout the year, pinpointing that around 48% of people ventured to their office workplaces on a five-day week regularity. Virgin Media O2's broadband figures show that Britons are increasingly opting for an early night, with network usage starting to dwindle from 9.20pm – a whole 20 minutes prior than what was observed back in 2020. Additionally, mornings have become busier earlier on, with network traffic picking up from 6.20am, which is fifteen minutes ahead of previous years. The data compilation also revealed that general broadband consumption advanced by 8.1% in 2024, propelled significantly by the online gaming sector. Plus, an eventful sports calendar featuring high-profile events like the Euros and the Olympics contributed to spikes in streaming, mobile networking, and TV viewership figures. Moreover, the company recorded a 9% spike in mobile data use over this year. Jeanie York, chief technology officer at Virgin Media O2, spoke on the findings: "It was another record-breaking year across our mobile and fixed networks, as our customers continue to use more data than ever before."
Eldorado Gold Releases Updated Mineral Reserve and Mineral Resource Statement; 2024 Gold ...
Trump says he had a 'productive meeting' with Trudeau after leaders met for surprise dinner in Florida
