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‘Enron CEO’ Connor Gaydos hit in the face with pie in New York CityChina on Monday launched an investigation into US chip giant Nvidia for allegedly violating its anti-monopoly laws, a top government agency said, as the two countries race for global chipmaking dominance. Beijing's state administration for market regulation, the authority on antitrust issues, launched the probe "in accordance with the law," according to a statement shared online. Nvidia is also suspected of violating commitments it made in 2020, the statement said, when it acquired Israeli data center firm Mellanox. After Beijing announced the probe, shares in Nvidia dropped 2.6 percent by Wall Street's close on Monday, precipitating a US stocks retreat. The artificial intelligence giant did not respond to a request for comment. China and the United States have in recent weeks clashed over exports of key chipmaking technology, where Nvidia is a major player. Beijing last week said it would restrict exports to the United States of some components critical to making semiconductors, after Washington announced curbs targeting China's ability to make advanced chips. Among the materials banned from export are the metals gallium, antimony and germanium, China's commerce ministry said in a statement that cited "national security" concerns. In its own latest curbs, Washington has announced restrictions on sales to 140 companies, including Chinese chip firms Piotech and SiCarrier, without additional permission. The move expands Washington's efforts to restrict exports of state-of-the-art chips to China, which can be used in advanced weapons systems and artificial intelligence. The new US rules also include controls on two dozen types of chipmaking equipment and three kinds of software tools for developing or producing semiconductors. The US tech behemoth has seen its profits soar on the back of strong demand for its artificial intelligence technology. In November, Nvidia surpassed Apple to become the highest-valued company in the world as the AI boom continues to excite Wall Street. But the Chinese market has been a rare weak spot. The US government in 2023 restricted Nvidia from selling some of its top AI chips to China, which the United States sees as a strategic competitor in the field of advanced semiconductors. Although Nvidia in November reported record high quarterly revenue, investors were wary of US-China tensions reheating with the return of Donald Trump to the White House. But during an event in Hong Kong last month, Nvidia's Taiwan-born CEO Jensen Huang told reporters "open science and open research in AI is absolutely global" and that "nothing" would stop that. mya/sn/mlm/jgc
The TOI Entertainment Desk is a dynamic and dedicated team of journalists, working tirelessly to bring the pulse of the entertainment world straight to the readers of The Times of India. No red carpet goes unrolled, no stage goes dark - our team spans the globe, bringing you the latest scoops and insider insights from Bollywood to Hollywood, and every entertainment hotspot in between. We don't just report; we tell tales of stardom and stories untold. Whether it's the rise of a new sensation or the seasoned journey of an industry veteran, the TOI Entertainment Desk is your front-row seat to the fascinating narratives that shape the entertainment landscape. Beyond the breaking news, we present a celebration of culture. We explore the intersections of entertainment with society, politics, and everyday life. Read More Mrunal Thakur’s style journey is where fashion meets acting excellence 8 love quotes by Rabindranath Tagore that will touch your heart Top 10 countries with the highest lactose intolerance 10 high-protein foods to include in soups When Kriti Sanon steps out in a saree, it's a sight to behold Ananya Panday's mom Bhavana Pandey's quirky earrings collection Baby girl names inspired by the Indian months How to make spicy one-pot Chicken meal 10 best books to magically fuel your child’s love for readingNEW YORK (AP) — Same iconic statue, very different race. With two-way star Travis Hunter of Colorado and Boise State running back Ashton Jeanty leading the field, these certainly aren't your typical Heisman Trophy contenders. Sure, veteran quarterbacks Dillon Gabriel from top-ranked Oregon and Cam Ward of No. 15 Miami are finalists for college football's most prestigious award as well, but the 90th annual ceremony coming up Saturday night at Lincoln Center in New York City offers a fresh flavor this year. To start with, none of the four are from the powerhouse Southeastern Conference, which has produced four of the past five Heisman winners — two each from Alabama and LSU. Jeanty, who played his home games for a Group of Five team on that peculiar blue turf in Idaho more than 2,100 miles from Manhattan, is the first running back even invited to the Heisman party since 2017. After leading the country with 2,497 yards rushing and 29 touchdowns, he joined quarterback Kellen Moore (2010) as the only Boise State players to be named a finalist. “The running back position has been overlooked for a while now," said Jeanty, who plans to enter the 2025 NFL draft. "There's been a lot of great running backs before me that should have been here in New York, so to kind of carry on the legacy of the running back position I think is great. ... I feel as if I'm representing the whole position.” With the votes already in, all four finalists spent Friday conducting interviews and sightseeing in the Big Apple. They were given custom, commemorative watches to mark their achievement. “I'm not a watch guy, but I like it,” said Hunter, flashing a smile. The players also took photos beneath the massive billboards in Times Square and later posed with the famous Heisman Trophy, handed out since 1935 to the nation's most outstanding performer. Hunter, the heavy favorite, made sure not to touch it yet. A dominant player on both offense and defense who rarely comes off the field, the wide receiver/cornerback is a throwback to generations gone by and the first full-time, true two-way star in decades. On offense, he had 92 catches for 1,152 yards and 14 touchdowns this season to help the 20th-ranked Buffaloes (9-3) earn their first bowl bid in four years. On defense, he made four interceptions, broke up 11 passes and forced a critical fumble that secured an overtime victory against Baylor. Hunter played 688 defensive snaps and 672 more on offense — the only Power Four conference player with 30-plus snaps on both sides of the ball, according to Colorado research. Call him college football’s answer to baseball unicorn Shohei Ohtani. “I think I laid the ground for more people to come in and go two ways,” Hunter said. “It starts with your mindset. If you believe you can do it, then you'll be able to do it. And also, I do a lot of treatment. I keep up with my body. I get a lot of recovery.” Hunter is Colorado's first Heisman finalist in 30 years. The junior from Suwanee, Georgia, followed flashy coach Deion Sanders from Jackson State, an HBCU that plays in the lower level FCS, to the Rocky Mountains and has already racked up a staggering combination of accolades this week, including The Associated Press player of the year. Hunter also won the Walter Camp Award as national player of the year, along with the Chuck Bednarik Award as the top defensive player and the Biletnikoff Award for best wide receiver. “It just goes to show that I did what I had to do,” Hunter said. Next, he'd like to polish off his impressive hardware collection by becoming the second Heisman Trophy recipient in Buffaloes history, after late running back Rashaan Salaam in 1994. “I worked so hard for this moment, so securing the Heisman definitely would set my legacy in college football,” Hunter said. “Being here now is like a dream come true.” Jeanty carried No. 8 Boise State (12-1) to a Mountain West Conference championship that landed the Broncos the third seed in this year's College Football Playoff. They have a first-round bye before facing the SMU-Penn State winner in the Fiesta Bowl quarterfinal on New Year’s Eve. The 5-foot-9, 215-pound junior from Jacksonville, Florida, won the Maxwell Award as college football’s top player and the Doak Walker Award for best running back. Jeanty has five touchdown runs of at least 70 yards and has rushed for the fourth-most yards in a season in FBS history — topping the total of 115 teams this year. He needs 132 yards to break the FBS record set by Heisman Trophy winner Barry Sanders at Oklahoma State in 1988. In a pass-happy era, however, Jeanty is trying to become the first running back to win the Heisman Trophy since Derrick Henry for Alabama nine years ago. In fact, quarterbacks have snagged the prize all but four times this century. Gabriel, an Oklahoma transfer, led Oregon (13-0) to a Big Ten title in its first season in the league and the No. 1 seed in the College Football Playoff. The steady senior from Hawaii passed for 3,558 yards and 28 touchdowns with six interceptions. His 73.2% completion rate ranks second in the nation, and he's attempting to join quarterback Marcus Mariota (2014) as Ducks players to win the Heisman Trophy. “I think all the memories start to roll back in your mind,” Gabriel said. Ward threw for 4,123 yards and led the nation with a school-record 36 touchdown passes for the high-scoring Hurricanes (10-2) after transferring from Washington State. The senior from West Columbia, Texas, won the Davey O’Brien National Quarterback of the Year award and is looking to join QBs Vinny Testaverde (1986) and Gino Torretta (1992) as Miami players to go home with the Heisman. “I just think there's a recklessness that you have to play with at the quarterback position,” Ward said. 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
US to Work With Partners in Syria to Manage Risk After Assad Toppled, Biden Says
China probes Nvidia for 'violating' anti-monopoly law
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SAN DIEGO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Symbotic Inc. (NASDAQ: SYM) securities between February 8, 2024 and November 26, 2024. Symbotic is an automation technology company that engages in the production of a robotics and automation-based product movement technology platform. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Symbotic Inc. (SYM) Failed to Disclose Material Weaknesses in its Internal Control Over Financial Reporting According to the complaint, on November 27, 2024, the Company filed with the SEC a Form 8-K/A, in which the Company revealed it had "identified errors in its revenue recognition related to cost overruns on certain deployments that will not be billable, which additionally impacted system revenue, income (loss) before income tax, net income (loss) and gross margin recognized in the second, third, and fourth quarters of fiscal year 2024." Further, the Company indicated that its previously issued financial statements for the fourth quarter and fiscal year 2024 and the Company’s supplemental presentation, should no longer be relied upon. On this news, the price of Symbotic stock fell over 35%, to close at $24 per share on November 27, 2024. What Now : You may be eligible to participate in the class action against Symbotic Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by February 3, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Symbotic Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3edbf291-c5a4-45f0-a769-259266b2c15bLeading Japanese Talent Agency Launches Short-Form Drama AppNEW YORK (AP) — The New York Yankees acquired All-Star closer Devin Williams from the Milwaukee Brewers for left-hander Nestor Cortes and infield prospect Caleb Durbin on Friday. The Yankees also will send more than $1 million to the Brewers as part of the trade. A 30-year-old right-hander, Williams is eligible for free agency after the 2025 season. He was diagnosed during spring training with two stress fractures in his back and didn't make his season debut until July 28 . Williams was 14 for 15 in save chances with a 1.25 ERA, striking out 38 and walking 11 in 21 2/3 innings. His fastball averaged 94.7 mph and he threw it on 53.5% of his pitches, mixing in 45% changeups — known as the “Airbender” — around 1.5% cutters. An All-Star in 2022 and 2023, Williams was a second-round pick in the 2013 amateur draft and is 27-10 with a 1.83 ERA and 68 saves in 78 chances over six seasons, striking out 375 and walking 112 in 235 2/3 innings over 241 games. Milwaukee declined a $10.5 million club option in favor of a $250,000 buyout last month, making Williams eligible for arbitration. Cortes, who turned 30 on Tuesday, was an All-Star in 2022 when he went 12-4 with a career-best 2.44 ERA in 28 starts. He made just one start after May 30 in 2023 because of a strained left rotator cuff and was sidelined late in the 2024 season by a flexor strain in his left elbow. He returned for the World Series against the Los Angeles Dodgers and entered in the 10th inning of the opener, retiring Shohei Ohtani on a foulout with his first pitch and giving up a walk-off grand slam to Freddie Freeman on his second. Cortes, know for his many deliveries, is 33-21 with a 3.80 ERA in 86 starts and 49 relief appearances over seven seasons. He is eligible for arbitration and also can become a free agent after next season. New York had an excess of starters after reaching a $218 million, eight-year agreement with left-hander Max Fried that is pending. The rotation also is projected to include ace Gerrit Cole, Carlos Rodón, Luis Gil and Clarke Schmidt, with Marcus Stroman also available. Durbin, who turns 25 in February, hit .287 with 10 homers, 60 RBIs and 29 stolen bases this year at Triple-A Scranton/Wilkes-Barre. He was with the big league team last spring training and hit .312 with five homers, 21 RBIs and 29 steals in 24 games at the Arizona Fall League. “I think he’s a stud," Yankees manager Aaron Boone said last month. "Great bat-to-ball, elite ability on the bases as a base stealer, good defender in the middle of the diamond, second base. He’s really started over the last year-plus to create some position flexibility, too. He's played some short, he's played some third. We introduced him to some outfield this year.” This story has been corrected to note New York is sending cash to Milwaukee, not the other way around. AP MLB: https://apnews.com/hub/mlbSyrian government services come to ‘complete halt’ as workers stay at home
The College Football Playoff committee took SMU's wins over Alabama's strength of schedule, picking the Mustangs for the final at-large spot Sunday after a furious public debate and days of lobbying and arguing over which teams should make the 12-team field. SMU (11-2) showed it could compete against a traditional power, losing to Clemson 34-31 on a 56-yard field goal on the final play of the ACC championship game. The late-game rally probably did the trick. “I just think America saw SMU belongs," Mustangs coach Rhett Lashlee told ESPN on Sunday after his team got in. "We’re a team that has a chance to compete for this championship. And to some degree, I think we’re a little bit America’s team after last night.” The Mustangs, seeded 11th, will visit No. 6 seed Penn State in the first round. The bracket was expanded from four teams this season, but that didn’t help Alabama or save the committee from controversy that began over the past two weeks as the CFP rankings — and “data points” — were parsed and criticized. The squabbling wasn't limited to who should be in the field but also who should get consideration for first-round byes. The Crimson Tide (9-3) had quality wins against Georgia and South Carolina in their first season under coach Kalen DeBoer. Losses at Vanderbilt, Tennessee and Oklahoma proved costly. The 24-3 loss to Oklahoma was too much to overcome. The Sooners, who finished 6-6, rushed for 250 yards against the Crimson Tide and dominated despite having several key injuries. Alabama athletic director Greg Byrne said the committee's decision was not good for college football. “Disappointed with the outcome and felt we were one of the 12 best teams in the country,” Byrne said in a social media post. “We had an extremely challenging schedule and recognize there were two games in particular that we did not perform as well as we should have.” All of Alabama's losses came in conference play. Still, Byrne said he now will reconsider how his program schedules nonconference games. For now, the Crimson Tide will settle for playing Michigan in the ReliaQuest Bowl on Dec. 31. Several teams with strong seasons were left out besides the Crimson Tide, including Miami (two losses), South Carolina and Mississippi (three losses each). Committee chairman Warde Manuel explained that strength of schedule was valued — a comment that didn’t sit well with Ole Miss coach Lane Kiffin. “Is this fake news??? he didn’t actually really say that ....” Kiffin wrote on a social media post, tagging both the Alabama and SMU football accounts. SMU actually increased its strength of schedule from the previous season by switching from the American Athletic Conference to the ACC. The Mustangs’ only regular-season loss this year was a nonconference game at home to 10-win BYU in the third game of the season . The Mustangs won nine straight before the loss to Clemson. That didn't make the waiting easier on Sunday. SMU was the last qualifier announced. “Until we saw SMU up there, you know, you’re just hanging, hanging on the edge,” Lashlee said. There was more controversy. Big 12 Commissioner Brett Yormark said he didn't believe any Group of Five team should get the bye over a Power Four champion, citing strength of schedule. Mountain West Commissioner Gloria Nevarez pushed back hours ahead of the bracket announcement. “Participation in the College Football Playoff isn’t about entitlement,” she wrote on social media. “It should not be contingent upon a conference patch or the logo on the helmet. ... Boise State’s body of work this season, including an 11-game win streak, has earned it one of the top four seeds ahead of the Big 12 champion.” In the end, Boise State of the Mountain West got the No. 3 seed ahead of Big 12 champion Arizona State, which was seeded fourth. But both got first-round byes. 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-footballNone
Published 4:51 pm Monday, December 9, 2024 By Joshua Windus Phoebe Putney Health System (PPHS) has been named a College of Healthcare Information Management Executives (CHIME) Digital Health Most Wired recipient. This award shows Phoebe’s commitment to leveraging advanced technology to enhance patient care and improve health outcomes. “Achieving the CHIME Digital Health Most Wired designation is a testament to our digital transformation efforts at Phoebe. We are honored to receive this recognition which highlights our commitment to embracing innovative digital health solutions and integrating cutting-edge technology into our healthcare delivery to provide a better way to health and wellness for the entire community,” said Mike Elder, PPHS Chief Information Officer. The CHIME Digital Health Most Wired program celebrates healthcare organizations that excel in the use of digital health tools and technologies. Phoebe’s achievements in digital health involve the implementation of advanced electronic health records (EHR), telehealth services, and data analytics to improve patient outcomes and streamline operations. These initiatives have enabled Phoebe to provide more efficient and effective care, ensuring that patients receive the best possible treatment. Phoebe is currently transitioning its outpatient EHR system to MEDITECH, the same platform it uses for inpatients. “Our collaboration with MEDITECH has been instrumental in achieving the CHIME recognition. The project we’re currently working on will make it easier and more straightforward for patients to access their medical information while also improving efficiency for our staff, providing a seamless flow of information and enhancing patient care communication between inpatient units and outpatient clinics,” said William Sewell, MD, Phoebe Putney Health System Chief Medical Information Officer. The purpose of the transition is to ensure all providers within the Phoebe system have access to the most recent information for every patient, improving quality, safety and efficiency in patient care. “Let’s say a patient with congestive heart failure goes to see their primary care physician because they’re having some unusual breathing difficulty. That doctor sends the patient to ER where the emergency physician prescribes some stronger medication, but the patient still isn’t responding as we’d like, so the ER physician admits them to the hospital. Then the hospitalist takes over care for a couple of days until the patient is discharged and follows up with their primary care doctor again,” Dr. William Sewell said. “Our EHR integration ensures each physician who touches that patient every step of the way knows exactly what care the other physicians have provided. That really is what an electronic health record is designed to do, and it leads to better outcomes for patients.” The Digital Health Most Wired survey is an international benchmarking and recognition program that serves as a comprehensive “Digital Health Check-up” for healthcare organizations worldwide. It assesses organizations through a comprehensive survey evaluating their digital health capabilities across various aspects of healthcare operations. Earning this recognition indicates that a healthcare organization is at the forefront of utilizing technology to enhance patient care and operational efficiency. Phoebe is one of only seven hospitals or health systems in Georgia to earn the CHIME recognition for 2024.
(BDX) - Analyzing Becton Dickinson's Short InterestLiverpool play Fulham in their bid to stay at the top of the Premier League table. The Reds currently sit four points clear of second-place Chelsea (with a game in hand) and are also top of the Champions League. Here is our Liverpool predicted lineup vs Fulham. Liverpool Predicted Lineup vs Fulham How Liverpool Have Lined-up Recently Alisson Becker has returned from injury and displaces Caoimhin Kelleher. Andy Robertson is the left-back, whilst Trent Alexander-Arnold started at right-back against Girona. Joe Gomez and Virgil van Dijk are the centre-back partnership with Ibrahima Konate out for the long-term. Ryan Gravenberch , Dominik Szoboszlai and Curtis Jones were the midfield trio in midweek. Luis Diaz started at left-wing, Mohamed Salah on the right, and Darwin Nunez down the middle. Liverpool Injuries and Absentees to Consider Liverpool currently have a few injuries. Conor Bradley and Konate will “both be out for a few weeks”, which is not ideal with the former providing good cover and the latter a key part of Arne Slot’s strong form. The Dutch manager revealed news on Federico Chiesa and Diogo Jota’s injuries: “I think they are [available for Fulham]...we have one training session to go. Federico missed quite a lot for a long time, was ill last week, so we have to wait and see how he is exactly doing...but maybe Diogo is in the squad and maybe Federico as well, but that depends a bit on the numbers we have and also how he recovered from his illness”. Kostas Tsimikas is still out, whilst Alexis Mac Allister is suspended for receiving five yellow cards. Liverpool Predicted Lineup Vs Fulham GK: Alisson Becker LB: Andy Robertson CB: Virgil van Dijk CB: Joe Gomez RB: Trent Alexander-Arnold CM: Curtis Jones CM: Ryan Gravenberch AM: Dominik Szoboszlai LW: Cody Gakpo ST: Darwin Nunez RW: Mohamed Salah This article first appeared on Last Word On Sports and was syndicated with permission.
Go Digit has been fined INR 5,000 each by NSE and BSE for filing information pertaining to related party transactions in “XBRL” format a day late While the company did file its financial results and RPT data within 30 minutes of board meeting on October 24, XBRL submission of the RPTs was done the next day Shares of Go Digit General Insurance closed Friday’s trading session 1.9% lower at INR 324.50 on the BSE Insurtech major Go Digit General Insurance has been fined by stock exchanges NSE and BSE for delays in furnishing certain data in a specified format. In a filing with the bourses on Friday (December 13), the company said that it has been fined INR 5,000 each by the two stock exchanges for filing information pertaining to related party transactions (RPTs) in “XBRL” format a day late. “... We hereby inform that the BSE vide their letter dated 13th December 2024, imposed a fine of INR 5,000/- for delay in disclosure of related party transactions under Regulation 23(9) of SEBI Listing Regulations in XBRL Format,” said the insurtech startup. “The disclosure of related party transactions... for (the) half year ended 30th September 2024 was submitted along with the financials of the Company on 24th October 2024 within 30 minutes of (the) conclusion of (the) board meeting. However, XBRL submission of the same was made on 25th October 2024 i.e. within 24 hours of (the) conclusion of (the) board meeting,” read the filing. Under SEBI rules, all RPT disclosures have to be filed with stock exchanges on the same day of the conclusion of the board meeting. Thereby, the company flouted certain rules, necessitating the fines. The fines come at a time when the company’s stock has been on a downward spiral this week and has tanked as much as 9% in the last five trading sessions on the BSE. Founded in 2017 by Kamesh Goyal, Go Digit offers insurance policies across verticals such as health, motor vehicle, travel, and property. Backed by the likes of Fairfax, Peak XV Partners, A91 Partners, among others, the startup went public in May this year. Go Digit General Insurance reported a 221% increase in its net profits to INR 89.47 Cr in the second quarter (Q2) of the fiscal year 2024-25 (FY25) as against INR 27.69 Cr in the year-ago quarter. Meanwhile, total gross written premium (GWP) jumped 14.2% to INR 2,368.57 Cr in the quarter under review from INR 2,073.84 Cr in Q2 FY24. Shares of Go Digit General Insurance closed Friday’s trading session 1.9% lower at INR 324.50 on the BSE.
SAN DIEGO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Symbotic Inc. (NASDAQ: SYM) securities between February 8, 2024 and November 26, 2024. Symbotic is an automation technology company that engages in the production of a robotics and automation-based product movement technology platform. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Symbotic Inc. (SYM) Failed to Disclose Material Weaknesses in its Internal Control Over Financial Reporting According to the complaint, on November 27, 2024, the Company filed with the SEC a Form 8-K/A, in which the Company revealed it had "identified errors in its revenue recognition related to cost overruns on certain deployments that will not be billable, which additionally impacted system revenue, income (loss) before income tax, net income (loss) and gross margin recognized in the second, third, and fourth quarters of fiscal year 2024." Further, the Company indicated that its previously issued financial statements for the fourth quarter and fiscal year 2024 and the Company’s supplemental presentation, should no longer be relied upon. On this news, the price of Symbotic stock fell over 35%, to close at $24 per share on November 27, 2024. What Now : You may be eligible to participate in the class action against Symbotic Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by February 3, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Symbotic Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3edbf291-c5a4-45f0-a769-259266b2c15bCaprock Group LLC lowered its stake in Fortive Co. ( NYSE:FTV – Free Report ) by 11.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,504 shares of the technology company’s stock after selling 954 shares during the quarter. Caprock Group LLC’s holdings in Fortive were worth $592,000 as of its most recent SEC filing. Other hedge funds also recently made changes to their positions in the company. Private Advisor Group LLC lifted its stake in Fortive by 3.6% in the 3rd quarter. Private Advisor Group LLC now owns 3,899 shares of the technology company’s stock valued at $308,000 after purchasing an additional 135 shares during the last quarter. RDA Financial Network boosted its holdings in shares of Fortive by 3.4% during the 2nd quarter. RDA Financial Network now owns 4,191 shares of the technology company’s stock valued at $311,000 after acquiring an additional 138 shares in the last quarter. QRG Capital Management Inc. grew its position in Fortive by 0.8% during the 2nd quarter. QRG Capital Management Inc. now owns 18,507 shares of the technology company’s stock worth $1,371,000 after acquiring an additional 146 shares during the last quarter. Andina Capital Management LLC increased its holdings in Fortive by 3.4% in the 2nd quarter. Andina Capital Management LLC now owns 4,433 shares of the technology company’s stock worth $328,000 after purchasing an additional 147 shares in the last quarter. Finally, Axiom Advisory LLC raised its position in Fortive by 1.6% in the third quarter. Axiom Advisory LLC now owns 10,048 shares of the technology company’s stock valued at $734,000 after purchasing an additional 157 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades Several analysts have recently weighed in on FTV shares. Barclays reduced their price target on Fortive from $98.00 to $95.00 and set an “overweight” rating on the stock in a report on Thursday, October 31st. Argus reaffirmed a “hold” rating on shares of Fortive in a research note on Monday, November 18th. Wolfe Research cut shares of Fortive from an “outperform” rating to a “peer perform” rating in a research note on Friday, September 6th. Mizuho upgraded Fortive from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $80.00 to $90.00 in a report on Friday, September 6th. Finally, StockNews.com raised Fortive from a “hold” rating to a “buy” rating in a report on Friday, September 13th. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Fortive presently has a consensus rating of “Moderate Buy” and an average price target of $87.82. Fortive Stock Performance Shares of FTV stock opened at $78.42 on Friday. The firm has a 50 day moving average of $75.85 and a 200-day moving average of $74.18. The company has a market cap of $27.21 billion, a price-to-earnings ratio of 31.24, a price-to-earnings-growth ratio of 2.05 and a beta of 1.13. The company has a quick ratio of 0.99, a current ratio of 1.25 and a debt-to-equity ratio of 0.33. Fortive Co. has a 52 week low of $66.15 and a 52 week high of $87.10. Fortive ( NYSE:FTV – Get Free Report ) last posted its quarterly earnings results on Wednesday, October 30th. The technology company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. Fortive had a net margin of 14.35% and a return on equity of 12.56%. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same period last year, the company posted $0.85 earnings per share. The business’s quarterly revenue was up 2.7% on a year-over-year basis. On average, equities analysts forecast that Fortive Co. will post 3.85 earnings per share for the current year. Fortive Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, November 29th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date of this dividend is Friday, November 29th. Fortive’s dividend payout ratio (DPR) is currently 12.75%. Insiders Place Their Bets In other Fortive news, CFO Charles E. Mclaughlin sold 6,864 shares of Fortive stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $74.03, for a total transaction of $508,141.92. Following the transaction, the chief financial officer now owns 73,391 shares of the company’s stock, valued at $5,433,135.73. This trade represents a 8.55 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . Also, SVP Jonathan L. Schwarz sold 14,223 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $73.80, for a total value of $1,049,657.40. Following the completion of the transaction, the senior vice president now directly owns 68,161 shares of the company’s stock, valued at approximately $5,030,281.80. This represents a 17.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last quarter, insiders have sold 197,895 shares of company stock worth $14,261,051. Corporate insiders own 1.01% of the company’s stock. Fortive Company Profile ( Free Report ) Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries. Recommended Stories Want to see what other hedge funds are holding FTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fortive Co. ( NYSE:FTV – Free Report ). Receive News & Ratings for Fortive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortive and related companies with MarketBeat.com's FREE daily email newsletter .