voslot best jili
CIBC Asset Management Inc bought a new position in shares of Taylor Morrison Home Co. ( NYSE:TMHC – Free Report ) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 3,129 shares of the construction company’s stock, valued at approximately $220,000. A number of other institutional investors have also recently modified their holdings of the business. Principal Financial Group Inc. grew its stake in shares of Taylor Morrison Home by 3.5% during the 3rd quarter. Principal Financial Group Inc. now owns 2,051,580 shares of the construction company’s stock worth $144,144,000 after purchasing an additional 69,222 shares during the period. Bank of New York Mellon Corp grew its position in Taylor Morrison Home by 0.4% during the second quarter. Bank of New York Mellon Corp now owns 1,066,470 shares of the construction company’s stock worth $59,125,000 after buying an additional 4,638 shares during the period. Assenagon Asset Management S.A. increased its holdings in Taylor Morrison Home by 271.0% in the third quarter. Assenagon Asset Management S.A. now owns 896,032 shares of the construction company’s stock valued at $62,955,000 after buying an additional 654,541 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Taylor Morrison Home by 7.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 846,270 shares of the construction company’s stock valued at $59,459,000 after buying an additional 60,021 shares in the last quarter. Finally, Wedge Capital Management L L P NC lifted its position in shares of Taylor Morrison Home by 1.5% during the 3rd quarter. Wedge Capital Management L L P NC now owns 738,830 shares of the construction company’s stock valued at $51,910,000 after acquiring an additional 10,911 shares during the period. 95.16% of the stock is currently owned by hedge funds and other institutional investors. Taylor Morrison Home Stock Up 2.3 % Shares of NYSE:TMHC opened at $71.07 on Friday. The company has a current ratio of 6.24, a quick ratio of 0.69 and a debt-to-equity ratio of 0.37. The firm has a market cap of $7.35 billion, a price-to-earnings ratio of 9.19 and a beta of 1.96. The stock’s 50-day moving average price is $69.40 and its two-hundred day moving average price is $63.50. Taylor Morrison Home Co. has a 12-month low of $44.32 and a 12-month high of $74.69. Analysts Set New Price Targets Several equities analysts recently weighed in on TMHC shares. Wedbush raised Taylor Morrison Home from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $65.00 to $85.00 in a research note on Friday, October 25th. BTIG Research increased their target price on Taylor Morrison Home from $78.00 to $86.00 and gave the company a “buy” rating in a report on Thursday, October 24th. StockNews.com raised Taylor Morrison Home from a “hold” rating to a “buy” rating in a report on Thursday, October 24th. Royal Bank of Canada increased their price objective on Taylor Morrison Home from $74.00 to $77.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Barclays boosted their target price on shares of Taylor Morrison Home from $72.00 to $75.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Taylor Morrison Home has an average rating of “Moderate Buy” and an average price target of $77.33. Read Our Latest Stock Analysis on Taylor Morrison Home Insider Activity In related news, EVP Darrell Sherman sold 26,757 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $70.00, for a total value of $1,872,990.00. Following the transaction, the executive vice president now owns 109,217 shares in the company, valued at approximately $7,645,190. This trade represents a 19.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, Director William H. Lyon sold 9,075 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $72.08, for a total transaction of $654,126.00. Following the sale, the director now owns 2,136,241 shares of the company’s stock, valued at approximately $153,980,251.28. This represents a 0.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 104,337 shares of company stock valued at $7,356,683 in the last ninety days. Company insiders own 3.50% of the company’s stock. Taylor Morrison Home Company Profile ( Free Report ) Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. The company designs, builds, and sells single and multi-family detached and attached homes; and develops lifestyle and master-planned communities. It develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties under the Urban Form brand name. Further Reading Want to see what other hedge funds are holding TMHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taylor Morrison Home Co. ( NYSE:TMHC – Free Report ). Receive News & Ratings for Taylor Morrison Home Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Morrison Home and related companies with MarketBeat.com's FREE daily email newsletter .South Korea: Rallies for, against President’s impeachment held 1 km apart
Abortion has become slightly more common despite bans or deep restrictions in most Republican-controlled states, and the legal and political fights over its future are not over yet. It's now been two and a half years since the U.S. Supreme Court overturned Roe v. Wade and opened the door for states to implement bans. The policies and their impact have been in flux ever since the ruling in Dobbs v. Jackson Women's Health Organization. Here's a look at data on where things stand: Overturning Roe and enforcing abortion bans has changed how woman obtain abortions in the U.S. But one thing it hasn't done is put a dent in the number of abortions being obtained. There have been slightly more monthly abortions across the country recently than there were in the months leading up to the June 2022 ruling, even as the number in states with bans dropped to near zero. “Abortion bans don’t actually prevent abortions from happening,” said Ushma Upadhyay, a public health social scientist at the University of California San Francisco. But, she said, they do change care. For women in some states, there are major obstacles to getting abortions — and advocates say that low-income, minority and immigrant women are least likely to be able to get them when they want. For those living in states with bans, the ways to access abortion are through travel or abortion pills. As the bans swept in, abortion pills became a bigger part of the equation. They were involved in about half the abortions before Dobbs. More recently, it’s been closer to two-thirds of them, according to research by the Guttmacher Institute. The uptick of that kind of abortion, usually involving a combination of two drugs, was underway before the ruling. But now, it's become more common for pill prescriptions to be made by telehealth. By the summer of 2024, about 1 in 10 abortions was via pills prescribed via telehealth to patients in states where abortion is banned. As a result, the pills are now at the center of battles over abortion access. This month, Texas sued a New York doctor for prescribing pills to a Texas woman via telemedicine. There's also an effort by Idaho, Kansas and Missouri to roll back their federal approvals and treat them as “controlled dangerous substances,” and a push for the federal government to start enforcing a 19th-century federal law to ban mailing them. Clinics have closed or halted abortions in states with bans. But a network of efforts to get women seeking abortions to places where they're legal has strengthened and travel for abortion is now common. The Guttmacher Institute found that more than twice as many Texas residents obtained abortion in 2023 in New Mexico as New Mexico residents did. And as many Texans received them in Kansas as Kansans. Abortion funds, which benefitted from “rage giving” in 2022, have helped pay the costs for many abortion-seekers. But some funds have had to cap how much they can give . Since the downfall of Roe, the actions of lawmakers and courts have kept shifting where abortion is legal and under what conditions. Here's where it stands now: Florida, the nation’s second most-populous state, began enforcing a ban on abortions after the first six weeks of pregnancy on May 1. That immediately changed the state from one that was a refuge for other Southerners seeking abortion to an exporter of people looking for them. There were about 30% fewer abortions there in May compared with the average for the first three months of the year. And in June, there were 35% fewer. While the ban is not unique, the impact is especially large. The average driving time from Florida to a facility in North Carolina where abortion is available for the first 12 weeks of pregnancy is more than nine hours, according to data maintained by Caitlin Myers, a Middlebury College economics professor. The bans have meant clinics closed or stopped offering abortions in some states. But some states where abortion remains legal until viability – generally considered to be sometime past 21 weeks of pregnancy , though there’s no fixed time for it – have seen clinics open and expand . Illinois, Kansas and New Mexico are among the states with new clinics. There were 799 publicly identifiable abortion providers in the U.S. in May 2022, the month before the Supreme Court reversed Roe v. Wade. And by this November, it was 792, according to a tally by Myers, who is collecting data on abortion providers. But Myers says some hospitals that always provided some abortions have begun advertising it. So they’re now in the count of clinics – even though they might provide few of them. How hospitals handle pregnancy complications , especially those that threaten the lives of the women, has emerged as a major issue since Roe was overturned. President Joe Biden's administration says hospitals must offer abortions when they're needed to prevent organ loss, hemorrhage or deadly infections, even in states with bans. Texas is challenging the administration’s policy and the U.S. Supreme Court this year declined to take it up after the Biden administration sued Idaho. More than 100 pregnant women seeking help in emergency rooms and were turned away or left unstable since 2022, The Associated Press found in an analysis of federal hospital investigative records. Among the complaints were a woman who miscarried in the lobby restroom of Texas emergency room after staff refused to see her and a woman who gave birth in a car after a North Carolina hospital couldn't offer an ultrasound. The baby later died. “It is increasingly less safe to be pregnant and seeking emergency care in an emergency department,” Dara Kass, an emergency medicine doctor and former U.S. Health and Human Services official told the AP earlier this year. Since Roe was overturned, there have been 18 reproductive rights-related statewide ballot questions. Abortion rights advocates have prevailed on 14 of them and lost on four. In the 2024 election , they amended the constitutions in five states to add the right to abortion. Such measures failed in three states: In Florida, where it required 60% support; in Nebraska, which had competing abortion ballot measures; and in South Dakota, where most national abortion rights groups did support the measure. AP VoteCast data found that more than three-fifths of voters in 2024 supported abortion being legal in all or most cases – a slight uptick from 2020. The support came even as voters supported Republicans to control the White House and both houses of Congress. ___ Associated Press writers Linley Sanders, Amanda Seitz and Laura Ungar contributed to this article.
NEW YORK--(BUSINESS WIRE)--Dec 28, 2024-- Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Brightcove Inc. (NASDAQ: BCOV) to Bending Spoons for $4.45 per share in cash is fair to Brightcove shareholders. Halper Sadeh encourages Brightcove shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com . The investigation concerns whether Brightcove and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Brightcove shareholders; (2) determine whether Bending Spoons is underpaying for Brightcove; and (3) disclose all material information necessary for Brightcove shareholders to adequately assess and value the merger consideration. On behalf of Brightcove shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. View source version on businesswire.com : https://www.businesswire.com/news/home/20241228196149/en/ CONTACT: Halper Sadeh LLC One World Trade Center 85th Floor New York, NY 10007 Daniel Sadeh, Esq. Zachary Halper, Esq. (212) 763-0060 sadeh@halpersadeh.com zhalper@halpersadeh.com https://www.halpersadeh.com KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL SOURCE: Halper Sadeh LLC Copyright Business Wire 2024. PUB: 12/28/2024 02:50 PM/DISC: 12/28/2024 02:49 PM http://www.businesswire.com/news/home/20241228196149/enDexus (OTCMKTS:DXSPF) Trading 3.5% Higher – Here’s Why
In an interview with Fortune in 2013, legendary investor Warren Buffett shared his insights on avoiding speculative investing and adopting a disciplined, long-term approach. What Happened: Buffett, known for his value investing philosophy, highlighted the importance of understanding the productive potential of assets rather than making impulsive decisions based on market noise. During the interview , Buffett compared evaluating stocks to assessing tangible investments like farms or apartment buildings. For a farm, he advises calculating expected crop yields and determining their value. Similarly, for an apartment building, rental income should be weighed against taxes and expenses to estimate the expected return. In both cases, the focus should be on paying a fair price for the asset's productive potential. “You always want to look at the productive ability of the assets you're buying, whether it's a farm, an apartment house, or a company. The company is represented by a stock. If you always get your money's worth, you'll do very well,” Buffett said. Also Read: Warren Buffett’s Timeless Advice: ‘If You’re Gonna Do Dumb Things Because Your Stock Goes Down, You Shouldn’t Own A Stock At All’ “If you buy a farm, you look at the farm and say, "I expect to get so many bushels per acre of corn or soybeans." Then you figure out how much that will be worth and you figure out what the price should be. If you buy an apartment house, you should look at what the rentals will be, what the taxes and expenses will be, and then decide how much income you'll have. You pay a fair price for that,” Buffett added. However, when it comes to stocks, Buffett warned against buying based on hearsay or speculative advice. He encouraged investors to prioritize the long-term productive ability of assets over short-term price movements. "The biggest mistake people make is listening to a lot of other people and buying something because they think it's going to go up next week or next month, for whatever reason people give you. You should understand what you buy," he said. He emphasized that understanding the intrinsic value of a company, which a stock represents, is key to successful investing. “With stocks, their neighbor whispers something to them and then run out and spend money that it took them years to earn,” Buffett said. Why It Matters: This advice aligns with Buffett's broader philosophy of value investing, which has guided his decades-long track record of outperforming the market. His focus on fundamentals serves as a reminder that patience and careful evaluation remain the cornerstones of sound investing. Read Next Warren Buffett’s Career Advice: ‘Don’t Think About Money, Take The Job That You Would Take If You Didn’t Need The Job’ This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Quick Links Testing the US Navy's Super Hornets The Rhino's latest Block What are the new features? GE's engine enhancements Fear the Rhino's weaponry Block II vs Block III The future of the Boeing Super Hornets Boeing announced that the F/A-18 Super Hornet upgrades include a large area display and advanced Tactical Targeting Network Technology for more powerful computing, with a Distributed Targeting Processor-Networked DTP-N that reduces pilot workload by allowing evidence-based information on the new display. This open mission systems processor has the power to compute algorithms to manage any complex air combat. “These first deliveries of Block III SLM jets are a major milestone in our continued efforts to ensure capability, reliability, availability and maintainability of the Super Hornet aircraft,” said Capt. Michael Burks, program manager for the F/A-18 and EA-18G Program Office . The aerospace giant has received the F/A-18 Block II for Service Life Modernization SLM , which will be upgraded to the new Block III configuration, adding an extra 4,000 flight hours. Boeing successfully delivered the first two upgraded fighters from its two facilities in St. Louis and San Antonio to the US Navy on June 27, 2024. On March 2024, The US Navy awarded Boeing a $1.3 billion contract for 17 F/A-18 Super Hornets and a technical data package. The contract was awarded to help address the strike fighter shortfall, with final delivery expected in spring 2027. The Navy also plans to convert 550 other Super Hornets to the Block III standard. Boosting US air capabilities in the region. Testing the US Navy's Super Hornets Boeing delivered its first two Block III Super Hornets to the US Navy for flight testing in June 2020 . It marked a shift from purchasing new jets from Boeing to focusing on developing the fourth-generation fighter jet. The Block III model is more "networked and survivable" than the Block II design, with five major design features: An advanced cockpit system that combines original displays into a glass touchscreen. Conformal fuel tanks for fuel-carrying and tanking capacity. A prominent flight service life. Radar cross-section improvements. An advanced networking infrastructure to aid the pilot in decision-making. The Navy announced that the funds for a multiyear purchase of Super Hornets from 2022 will be redirected to developing Air Dominance and other aviation wholeness investments. The decision to truncate the Super Hornet production line is about freeing up the Boeing production line and workforce to focus on the program, which would maintain the right balance of Super Hornets versus F-35 Fighters in the carrier air wing and deliver greater capability and service life on converted jets. “The Super Hornet remains a predominant aircraft in the carrier air wing and will continue to provide significant combat capability into the 2040s,” said Rear Adm. John Lemmon, Program Executive Officer for Tactical Aircraft Programs. The Rhino's latest Block The Super Hornet, available in two models - the single-seat E and two-seat F - performs various tactical missions, including air superiority, precision-guided strikes, fighter escort, close air support, suppression of enemy defenses, maritime strike, reconnaissance, forward air control, and tanker missions. Its new strengthened airframe will extend the service life to more than 10,000 flight hours. What are the new features? The advanced Rhino offers operational advantages against technologically advanced systems and adversaries. Its advanced processing, networking, survivability, and range/payload capabilities provide an operational advantage. The Block III aircraft features an improved cockpit with a 10 in × 19 in (25 cm × 48 cm) large touchscreen display, updated integration, and targeting networks. It provides pilots with extraordinary payload flexibility. Its advanced data link and threat detection enable better data processing and transmission, operating in lightning and thunderstorm weather and cold temperatures. It also features an advanced cockpit system and long-wave Infrared Search & Track for long-range threat detection. Over 800 Super Hornets produced with over 10 million flight hours, tested and proven for regular upgrades, offer low procurement and total life cycle costs of approximately $19K USD per flight hour. GE's engine enhancements The modern General Electric afterburning turbofan features an enhanced performance engine (EPE) that boosts the power output of the F414-GE-400 by 20%. The F414 Enhanced Engine offers enhanced performance, survivability, and payload for the twin-engined F-18 Block III. The F414 can be retrofitted for improved component capability and reduced ownership costs. The US Navy has relied on the F414 engine for over 30 years, providing over 5 million engine flight hours and unrestricted operability. The F414 is also a potential powerplant for emerging platforms like the Korean KF-X KAI KF-21 Boramae, Indian Medium Combat Aircraft HAL Tejas Mk2, and Swedish Saab JAS 39E/F Gripen. Fear the Rhino's weaponry The aircraft features a next-generation cockpit, an internal infrared search and track system, and conformal fuel tanks. It also has an enclosed weapons pod (EWP) and a new missile warning system. It offers a day/night strike with precision-guided weapons, featuring 11 hardpoints distributed at the wingtips, under the wing, and under the fuselage. The new weapons pod can carry missiles and bombs with reduced radar lock risks. It can use shorter-range Sidewinder air-to-air missiles, AMRAAM, Joint Standoff Weapon, Small Diameter Bomb, and Mk-84 general-purpose bombs. Like Block II, it has a 20mm M61 rotary cannon and can carry the AGM-65 Maverick missile, AGM-84 Harpoon ship-killing missile, and AGM-88 HARM anti-radar missile. Air-to-air missiles Air-to-surface missiles AIM-7 Sparrow AGM-158 JASSM AIM-9 Sidewinder AGM-158C LRASM AIM-120 AMRAAM AGM-84H/K SLAM-ER AIM-260 JATM AGM-154 JSOW AIM-174B AGM-88 HARM AGM-84 Harpoon AGM-65E/F Maverick The jet can also carry the ADM-141A/B TALD decoy missile and the Raytheon AN/ALE-50 towed decoy system, an electronic countermeasure tool designed to protect US military aircraft from radar-guided missiles to confuse and saturate enemy air defenses, allowing attacking aircraft and weapons a higher probability of penetrating the target. This heavy lifting, which exceeds 17,000 lb (7711 kg), is useful for fleet defense missions, early warning missions, electronic surveillance, and tankers. Block II vs Block III The fourth-generation fighter, a 20% larger and 7,000 lbs heavier aircraft than the prior Hornets, offers increased capability and functionality. Its additional hardpoints and powerful engines enable it to carry more ordnance and expand its range. With most internal improvements, one visible change is incorporating conformal fuel tanks, which attach directly to the fuselage, reducing drag. Another advantage of the Block IIIs is increased lifespan, improving flight time between training and deployments. Feature Block II Block III Data Link Multi-Functional Information Distribution System MIDS Tactical Targeting Network Technology TTNT Conformal Fuel Tanks N/A Available, increasing range Mission Computer Advanced Mission Computer AMC Distributed Targeting Processor-Networked DTP-N, 17 times more powerful Service Life 6,000 Flying hours 10,000 Flying hours The future of the Boeing Super Hornets Boeing and Northrop Grumman financed the Advanced Super Hornet program, which features a 50% reduction in frontal radar cross-section, conformal fuel tanks CFT, and an enclosed weapons pod. The new block could be integrated into the EA-18 Growler to reduce underwing space and lower drag margin for the Next Generation Jammer . The F/A-18E/F mission allows combatant commanders to conduct offensive and defensive air combat missions, attack ground targets using the US inventory of precision and non-precision weapon stores, provide in-flight refueling for other tactical aircraft, and offer organic tactical reconnaissance capabilities. Australia and Kuwait have acquired earlier Super Hornets, but Australia is transitioning to F-35A fighter jets, and Kuwait has ordered Eurofighter Typhoon jets. Canada has halted the Boeing F/A-18 Block III Super Hornet from its Future Fighter Capability Project FFCP competition. The decision was made after rigorous evaluations of proposals based on capability, cost, and economic benefits. The US Navy's Hornet has an exceptional legacy of performance that has made it the jet of choice for the flat-top fleet in the modern era.Andy Murray and Novak Djokovic’s magnificent seven grand slam finals
Italy’s 2025 Budget Gets Parliamentary Nod in Boost for MeloniJudy Garland's Wizard of Oz ruby slippers are set to go under the hammer for £2m - after being stolen by mobster By GRANT TUCKER ENTERTAINMENT EDITOR Published: 22:37 GMT, 27 November 2024 | Updated: 22:40 GMT, 27 November 2024 e-mail View comments The iconic red slippers worn by Judy Garland in The Wizard of Oz movie have gone on display in London ahead of an international auction next month. The magical footwear is expected to sell for upwards of £2million when it goes under the hammer at Heritage Auctions in Dallas on December 7. They are just one of the four pairs of surviving slippers from the 1939 technicolour film. The pair, which is being displayed at Heritage’s Mayfair showroom in London, was worn by Garland for the majority of the film, including three famous close-up scenes, when the Wicked Witch is shocked as she attempts to touch them, a close-up at the Gates of Oz, and the climactic heel-tapping scene as Garland’s character Dorothy repeatedly says ‘There is no place like home’. They are being sold by private collector Michael Shaw, a former child actor with MGM, and have an interesting back story. He loaned the slippers to the Judy Garland Museum in her home town of Grand Rapids, Minnesota in 2005, but they were quickly stolen. The pair, which is being displayed at Heritage’s Mayfair showroom in London, was worn by Garland for the majority of the film, including three famous close-up scenes Film stills taken of 'Wizard of Oz' from 1939. The magical red slippers are expected to sell for upwards of £2million when it goes under the hammer at Heritage Auctions in Dallas on December 7 It was not until 2018 that the FBI finally recovered the famous memorabilia buried in a Tupperware box. Terry Martin later admitted to the theft and said he did so because he believed they were encrusted with real rubies. The 76-year-old was given a suspended prison sentence in January this year. Joe Maddalena, executive vice president at Heritage Auctions, said: ‘You cannot overstate the importance of Dorothy’s ruby slippers: They are the most important prop in Hollywood history.’ The slippers will be auctioned alongside the black pointed hat worn by Margaret Hamilton’s Wicked Witch of the West in The Wizard of Oz. Other memorabilia from The Wizard of Oz will also be on sale, including Garland’s wigs, film posters and photographs, as well as other items such as a wooden game board from Jumanji starring Robin Williams. Share or comment on this article: Judy Garland's Wizard of Oz ruby slippers are set to go under the hammer for £2m - after being stolen by mobster e-mail Add commentZaidi clarifies Giants lineup controversy with Melvin after firing
Charles F. Dolan, a media and telecommunications pioneer who founded Cablevision Systems Corp., has died, a family spokesperson said Saturday. He was 98. Dolan first changed the landscape of television in the 1960s, when he laid cable in lower Manhattan and gambled that people would pay for programs superior to those broadcast for free over the air. He went on to found Home Box Office Inc., later known as HBO, American Movie Classics and launched the country’s first 24-hour cable channel for local news, News12. “He’s one of the pioneers of cable television and one of the most brilliant people there is when it comes to programming and seeing what’s ahead,” Ted Turner, the founder of CNN, told Newsday in 1990. On Saturday, the Dolan family, in a statement sent by a spokesperson, said, "It is with deep sorrow that we announce the passing of our beloved father and patriarch, Charles Dolan, the visionary founder of HBO and Cablevision." Dolan died of natural causes and was surrounded by his loved ones at the time of his death, according to the family. From breaking news to special features and documentaries, the NewsdayTV team is covering the issues that matter to you. By clicking Sign up, you agree to our privacy policy . "Remembered as both a trailblazer in the television industry and a devoted family man, his legacy will live on," the family said. Cablevision purchased Newsday Media Group in 2008. Newsday is now owned by Dolan's son, Patrick Dolan. The senior Dolan, whose primary home was in Cove Neck Village in Oyster Bay Town, expanded beyond television to own a controlling stake in companies that owned Madison Square Garden, Radio City Music Hall, the New York Knicks and the New York Rangers. The teams and sports and entertainment venues are now owned by The Madison Square Garden Company, whose CEO is Charles Dolan's son James L. Dolan. At the center of Charles Dolan's holdings was Cablevision of Bethpage, which he founded in 1973 and built into one of the nation’s largest broadcasting companies. Dolan passed day-to-day control of Cablevision to son James in 1995. But the senior Dolan remained chairman of the board until the company was sold to Altice in 2015 for nearly $18 billion. Charles Dolan in 1979. Dolan had just announced a new cable network in Queens. Credit: Newsday/Dick Yarwood Dolan had the reputation of being soft-spoken and reserved. He rarely granted interviews. And for years he eschewed chauffeurs and drove his own car, despite being one of the richest men in America. He was married for 73 years to Helen Ann Dolan, who died last year . They have six grown children and lived on a 5-acre waterfront estate, where for decades they hosted annual July Fourth fireworks displays that attracted hundreds of onlookers who watched from boats in Long Island Sound. Despite his courtly demeanor — he spoke so softly in meetings that people sometimes couldn’t hear him — Dolan had a reputation for pursuing deals with patient yet intense fervor, sometime taking years to get what he wanted. Competitors said he waited decades for a chance to buy Madison Square Garden. When the opportunity arrived, he leapt with abandon. “I call him bulldog Dolan,” former Univision chairman Andrew Jerrold “Jerry” Perenchio told the Los Angeles Times in 1994. Charles Dolan was born in Cleveland Heights, Ohio, one of four boys and the grandchild of Irish immigrants. His father, David J. Dolan, was an inventor who created a steering wheel lock to deter would-be thieves from making off with Model T Fords. He died of cancer in 1943, when Charles was 16, leaving him and his brothers to be raised by their mother. By then, Charles Dolan was already pushing into the media business. He earned $2 a week writing a column on the Boy Scouts for the Cleveland Press. Dolan worked at a radio station in high school, served briefly in the Air Force in the waning days of World War II, and returned to Ohio and enrolled at John Carroll University. It was there, in logic class, that he met his future wife, Helen Burgess. Dolan quit college before graduating and started a sports newsreel business out of the couple’s apartment. Using their kitchen as a studio, Dolan and his wife pasted negatives on the cabinets and cobbled together highlight films that they would sell to stations around the nation. The operation, however, made little money. Dolan sold the business to a competitor, Telenews, in 1952, essentially trading his customers for a job with the company in New York City. Charles and Helen Dolan moved east. In 1954, Dolan took a job with Sterling Television, where he helped launch a project to wire Manhattan with coaxial cable to deliver news and tourism programs. In the mid-1960s, cable television was a media backwater, confined to rural areas too remote for airborne signals. The conventional wisdom was that no one in a city or suburb would pay for television programs when they came free with an antenna. “No one but Chuck Dolan ever thought cable would amount to anything outside poor reception areas,” said Perenchio, the former Univision executive. In 1965, Dolan persuaded the New York City Board of Estimate — which at the time governed the five boroughs — to award him the franchise to wire the southern half of Manhattan. Dolan tapped Time Inc. and others for backing, then began the massive task of installing underground cable amid the warren of buildings. Once it was in place, Dolan’s company, Sterling Manhattan Cable, needed to find a way to attract subscribers. He turned to sports. In 1967, he struck a deal with Madison Square Garden to offer Knicks and Rangers playoff games. At the time, home games were blacked out by regular television. So the only way to watch was having a seat at the Garden — or subscribe to Dolan’s system. “I remember walking down Third Avenue, and every bar was filled to overflowing,” Dolan said in Wired to Win, a 2003 book about the early days of cable. “They were all wired for cable and showing the games people couldn’t see on regular broadcast television. It was wonderful.” But profits were a long way off, and it would take more than sports to keep cable afloat. Dolan, who was deeply in debt, needed more money to develop programming with broader appeal. So in 1972, while aboard the Queen Elizabeth II for a family vacation, Dolan holed up in his cabin with an old typewriter and began to write. As the ship steamed east toward France, he banged out the blueprint for a national pay-television channel that he hoped would convince Time Inc. — which already owned 20% of Sterling Manhattan Cable — to invest more money and take the company to the next level. He called it “The Green Channel.” America would come to know it as HBO. The idea was to broadcast a mix of movies and sporting events and syndicate to other cable systems around the country. Time Inc. was impressed, and the channel launched in November 1972. Nonetheless, Dolan’s company struggled to turn a profit. His relationship with Time Inc. soured. In 1973, Time Inc. bought out the company, including HBO. In exchange for relinquishing control, Dolan walked away with Time’s fledging cable system in Nassau County, with 1,500 subscribers. “That was the beginning of Cablevision Systems Corporation,” Dolan said in the book “Wired to Win.” Over the next decades, Dolan built his subscriber base, launched subsidiaries and developed programming, including the SportsChannel, American Movie Classics, Bravo and others. He expanded into Brooklyn, the Bronx, Connecticut, New Jersey and elsewhere. He took Cablevision public in 1986 but maintained a majority stake. “I have to admire the way Chuck has built his company and retained control,” Liberty Media Corporation chairman John C. Malone told the Los Angeles Times in 1994. “It’s really miraculous.” In 1998, Dolan helped found The Lustgarten Foundation in Uniondale, after Cablevision vice chairman Marc Lustgarten was diagnosed with pancreatic cancer at age 51. The foundation is now the nation’s largest private supporter of pancreatic cancer research. Dolan also served as a trustee of Fairfield University in Connecticut, where the business school is named after him. And despite never graduating from John Carroll University, he gave the school $20 million in 2000 to build a science and technology center. Dolan is survived by sons Patrick Dolan, Thomas Dolan and James Dolan; daughters Marianne Dolan-Weber, Kathleen Dolan and Deborah Dolan-Sweeney; and 19 grandchildren and five great-grandchildren. Funeral arrangements were pending. With James T. Madore, Joe Ryan and Dandan ZouDazostinag sodium is under clinical development by and currently in Phase I for Non-Small Cell Lung Cancer. According to GlobalData, Phase I drugs for Non-Small Cell Lung Cancer have an 80% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData tracks drug-specific phase transition and likelihood of approval scores, in addition to indication benchmarks based off 18 years of historical drug development data. Attributes of the drug, company and its clinical trials play a fundamental role in drug-specific PTSR and likelihood of approval. Dazostinag sodium overview Dazostinag sodium (TAK-676) is under development for the treatment of advanced or metastatic solid tumors including non-small cell lung cancer, triple-negative breast cancer (TNBC), oropharyngeal cancer, colorectal cancer and head and neck cancer squamous cell carcinoma. The drug candidate is cyclic purine dinucleotide and acts by targeting stimulator of interferon genes (STING/TMEM173). It is a new molecular entity. It is administered via intravenous route. Takeda Pharmaceutical overview (Takeda) is a global pharmaceutical company primarily engaged in the research, development, production, and commercialization of biopharmaceutical products. It provides treatment for inflammatory bowel disease, acid-related diseases, motility disorders and liver diseases; hemophilia and hereditary bleeding disorders; primary immunodeficiency and multifocal motor neuropathy; major depressive disorder and attention-deficit hyperactivity disorder; and its cancer treatment encompasses multiple myeloma, mantle cell lymphoma, non-small cell lung cancer and chronic myeloid leukemia. While the company markets its pharmaceutical products directly, it also collaborates with marketing alliance partners in worldwide. Takeda operates in various countries worldwide, including Japan, the US, Europe, Latin America, Africa, the Middle East, and the Asia Pacific region. Takeda is headquartered in Tokyo, Japan. For a complete picture of Dazostinag sodium’s drug-specific PTSR and LoA scores, This content was updated on 12 April 2024 From Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors. , the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article. GlobalData’s Likelihood of Approval analytics tool dynamically assesses and predicts how likely a drug will move to the next stage in clinical development (PTSR), as well as how likely the drug will be approved (LoA). This is based on a combination of machine learning and a proprietary algorithm to process data points from various databases found on GlobalData’s .Xtracker Msci Acwi Ex Us High ( NYSEARCA:HDAW – Get Free Report ) dropped 0% during trading on Friday . The stock traded as low as $25.35 and last traded at $25.36. Approximately 1,900 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 1,688 shares. The stock had previously closed at $25.37. Xtracker Msci Acwi Ex Us High Trading Down 0.0 % The firm has a market cap of $11.41 million, a P/E ratio of 9.61 and a beta of 0.64. The business’s 50-day moving average is $25.36 and its two-hundred day moving average is $25.31. Xtracker Msci Acwi Ex Us High Company Profile ( Get Free Report ) The Xtrackers MSCI All World ex US High Dividend Yield Hedged Equity ETF (HDAW) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market cap-weighted index of global ex-US stocks, selected by quality and dividend factors. HDAW was launched on Aug 12, 2015 and is managed by Xtrackers. Recommended Stories Receive News & Ratings for Xtracker Msci Acwi Ex Us High Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xtracker Msci Acwi Ex Us High and related companies with MarketBeat.com's FREE daily email newsletter .Some ASX shares can provide a very pleasing level of income, but which ones are worth owning? Companies such as ( ), ( ), ( ), and ( ) are well-known for paying dividends. However, they do not necessarily have a strong track record of consistently increasing their dividend payments each year. In fact, I believe that their dividend growth may be slow in the coming years. Therefore, I'd ideally want to own businesses that can deliver longer periods of dividend growth and offer investors a pleasing dividend yield today. With that in mind, I think the two stocks below are compelling options for dividends, growth, and . Medibank Private Ltd ( ) Medibank is the largest private health insurance business in Australia, with its Medibank and ahm brands. In my eyes, private health insurance is a defensive sector because most people value their health. The rising policyholder numbers are helping Medibank grow its operating profit and net non-resident policy unit growth was 69,000. Medibank reported that its operating profit increased 7.9% to $700 million, and overall underlying grew 14.1% to $570.4 million. This helped send the dividend per share higher by 13.7% to 16.6 cents. The latest annual payout translates into a grossed-up of 6.2%, including . Universal Store Holdings Ltd ( ) CTC (THRILLS and Worship). Despite all the economic uncertainty, the company and growth of 45.3% to $34.3 million. I believe this company can continue to grow profit by rolling out more stores in Australia, particularly Perfect Stranger. When it gave an update about the , the company said it was on track to achieve nine to 15 new stores in FY25 – it had 102 at the end of FY24. In that update, the business also said Perfect Stranger's total sales were up 111.1% year over year. The ASX share has a promising growth outlook, which would be very helpful for the company's dividend. In FY24, it grew its annual dividend to 35.5 cents – it has increased its dividend each year since it started paying one in 2021. The business has a grossed-up dividend yield of 6%, including franking credits.
CIBC Asset Management Inc bought a new position in shares of Taylor Morrison Home Co. ( NYSE:TMHC – Free Report ) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 3,129 shares of the construction company’s stock, valued at approximately $220,000. A number of other institutional investors have also recently modified their holdings of the business. Principal Financial Group Inc. grew its stake in shares of Taylor Morrison Home by 3.5% during the 3rd quarter. Principal Financial Group Inc. now owns 2,051,580 shares of the construction company’s stock worth $144,144,000 after purchasing an additional 69,222 shares during the period. Bank of New York Mellon Corp grew its position in Taylor Morrison Home by 0.4% during the second quarter. Bank of New York Mellon Corp now owns 1,066,470 shares of the construction company’s stock worth $59,125,000 after buying an additional 4,638 shares during the period. Assenagon Asset Management S.A. increased its holdings in Taylor Morrison Home by 271.0% in the third quarter. Assenagon Asset Management S.A. now owns 896,032 shares of the construction company’s stock valued at $62,955,000 after buying an additional 654,541 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Taylor Morrison Home by 7.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 846,270 shares of the construction company’s stock valued at $59,459,000 after buying an additional 60,021 shares in the last quarter. Finally, Wedge Capital Management L L P NC lifted its position in shares of Taylor Morrison Home by 1.5% during the 3rd quarter. Wedge Capital Management L L P NC now owns 738,830 shares of the construction company’s stock valued at $51,910,000 after acquiring an additional 10,911 shares during the period. 95.16% of the stock is currently owned by hedge funds and other institutional investors. Taylor Morrison Home Stock Up 2.3 % Shares of NYSE:TMHC opened at $71.07 on Friday. The company has a current ratio of 6.24, a quick ratio of 0.69 and a debt-to-equity ratio of 0.37. The firm has a market cap of $7.35 billion, a price-to-earnings ratio of 9.19 and a beta of 1.96. The stock’s 50-day moving average price is $69.40 and its two-hundred day moving average price is $63.50. Taylor Morrison Home Co. has a 12-month low of $44.32 and a 12-month high of $74.69. Analysts Set New Price Targets Several equities analysts recently weighed in on TMHC shares. Wedbush raised Taylor Morrison Home from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $65.00 to $85.00 in a research note on Friday, October 25th. BTIG Research increased their target price on Taylor Morrison Home from $78.00 to $86.00 and gave the company a “buy” rating in a report on Thursday, October 24th. StockNews.com raised Taylor Morrison Home from a “hold” rating to a “buy” rating in a report on Thursday, October 24th. Royal Bank of Canada increased their price objective on Taylor Morrison Home from $74.00 to $77.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Barclays boosted their target price on shares of Taylor Morrison Home from $72.00 to $75.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Taylor Morrison Home has an average rating of “Moderate Buy” and an average price target of $77.33. Read Our Latest Stock Analysis on Taylor Morrison Home Insider Activity In related news, EVP Darrell Sherman sold 26,757 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $70.00, for a total value of $1,872,990.00. Following the transaction, the executive vice president now owns 109,217 shares in the company, valued at approximately $7,645,190. This trade represents a 19.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, Director William H. Lyon sold 9,075 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $72.08, for a total transaction of $654,126.00. Following the sale, the director now owns 2,136,241 shares of the company’s stock, valued at approximately $153,980,251.28. This represents a 0.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 104,337 shares of company stock valued at $7,356,683 in the last ninety days. Company insiders own 3.50% of the company’s stock. Taylor Morrison Home Company Profile ( Free Report ) Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. The company designs, builds, and sells single and multi-family detached and attached homes; and develops lifestyle and master-planned communities. It develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties under the Urban Form brand name. Further Reading Want to see what other hedge funds are holding TMHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taylor Morrison Home Co. ( NYSE:TMHC – Free Report ). Receive News & Ratings for Taylor Morrison Home Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Morrison Home and related companies with MarketBeat.com's FREE daily email newsletter .South Korea: Rallies for, against President’s impeachment held 1 km apart
Abortion has become slightly more common despite bans or deep restrictions in most Republican-controlled states, and the legal and political fights over its future are not over yet. It's now been two and a half years since the U.S. Supreme Court overturned Roe v. Wade and opened the door for states to implement bans. The policies and their impact have been in flux ever since the ruling in Dobbs v. Jackson Women's Health Organization. Here's a look at data on where things stand: Overturning Roe and enforcing abortion bans has changed how woman obtain abortions in the U.S. But one thing it hasn't done is put a dent in the number of abortions being obtained. There have been slightly more monthly abortions across the country recently than there were in the months leading up to the June 2022 ruling, even as the number in states with bans dropped to near zero. “Abortion bans don’t actually prevent abortions from happening,” said Ushma Upadhyay, a public health social scientist at the University of California San Francisco. But, she said, they do change care. For women in some states, there are major obstacles to getting abortions — and advocates say that low-income, minority and immigrant women are least likely to be able to get them when they want. For those living in states with bans, the ways to access abortion are through travel or abortion pills. As the bans swept in, abortion pills became a bigger part of the equation. They were involved in about half the abortions before Dobbs. More recently, it’s been closer to two-thirds of them, according to research by the Guttmacher Institute. The uptick of that kind of abortion, usually involving a combination of two drugs, was underway before the ruling. But now, it's become more common for pill prescriptions to be made by telehealth. By the summer of 2024, about 1 in 10 abortions was via pills prescribed via telehealth to patients in states where abortion is banned. As a result, the pills are now at the center of battles over abortion access. This month, Texas sued a New York doctor for prescribing pills to a Texas woman via telemedicine. There's also an effort by Idaho, Kansas and Missouri to roll back their federal approvals and treat them as “controlled dangerous substances,” and a push for the federal government to start enforcing a 19th-century federal law to ban mailing them. Clinics have closed or halted abortions in states with bans. But a network of efforts to get women seeking abortions to places where they're legal has strengthened and travel for abortion is now common. The Guttmacher Institute found that more than twice as many Texas residents obtained abortion in 2023 in New Mexico as New Mexico residents did. And as many Texans received them in Kansas as Kansans. Abortion funds, which benefitted from “rage giving” in 2022, have helped pay the costs for many abortion-seekers. But some funds have had to cap how much they can give . Since the downfall of Roe, the actions of lawmakers and courts have kept shifting where abortion is legal and under what conditions. Here's where it stands now: Florida, the nation’s second most-populous state, began enforcing a ban on abortions after the first six weeks of pregnancy on May 1. That immediately changed the state from one that was a refuge for other Southerners seeking abortion to an exporter of people looking for them. There were about 30% fewer abortions there in May compared with the average for the first three months of the year. And in June, there were 35% fewer. While the ban is not unique, the impact is especially large. The average driving time from Florida to a facility in North Carolina where abortion is available for the first 12 weeks of pregnancy is more than nine hours, according to data maintained by Caitlin Myers, a Middlebury College economics professor. The bans have meant clinics closed or stopped offering abortions in some states. But some states where abortion remains legal until viability – generally considered to be sometime past 21 weeks of pregnancy , though there’s no fixed time for it – have seen clinics open and expand . Illinois, Kansas and New Mexico are among the states with new clinics. There were 799 publicly identifiable abortion providers in the U.S. in May 2022, the month before the Supreme Court reversed Roe v. Wade. And by this November, it was 792, according to a tally by Myers, who is collecting data on abortion providers. But Myers says some hospitals that always provided some abortions have begun advertising it. So they’re now in the count of clinics – even though they might provide few of them. How hospitals handle pregnancy complications , especially those that threaten the lives of the women, has emerged as a major issue since Roe was overturned. President Joe Biden's administration says hospitals must offer abortions when they're needed to prevent organ loss, hemorrhage or deadly infections, even in states with bans. Texas is challenging the administration’s policy and the U.S. Supreme Court this year declined to take it up after the Biden administration sued Idaho. More than 100 pregnant women seeking help in emergency rooms and were turned away or left unstable since 2022, The Associated Press found in an analysis of federal hospital investigative records. Among the complaints were a woman who miscarried in the lobby restroom of Texas emergency room after staff refused to see her and a woman who gave birth in a car after a North Carolina hospital couldn't offer an ultrasound. The baby later died. “It is increasingly less safe to be pregnant and seeking emergency care in an emergency department,” Dara Kass, an emergency medicine doctor and former U.S. Health and Human Services official told the AP earlier this year. Since Roe was overturned, there have been 18 reproductive rights-related statewide ballot questions. Abortion rights advocates have prevailed on 14 of them and lost on four. In the 2024 election , they amended the constitutions in five states to add the right to abortion. Such measures failed in three states: In Florida, where it required 60% support; in Nebraska, which had competing abortion ballot measures; and in South Dakota, where most national abortion rights groups did support the measure. AP VoteCast data found that more than three-fifths of voters in 2024 supported abortion being legal in all or most cases – a slight uptick from 2020. The support came even as voters supported Republicans to control the White House and both houses of Congress. ___ Associated Press writers Linley Sanders, Amanda Seitz and Laura Ungar contributed to this article.
NEW YORK--(BUSINESS WIRE)--Dec 28, 2024-- Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Brightcove Inc. (NASDAQ: BCOV) to Bending Spoons for $4.45 per share in cash is fair to Brightcove shareholders. Halper Sadeh encourages Brightcove shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com . The investigation concerns whether Brightcove and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Brightcove shareholders; (2) determine whether Bending Spoons is underpaying for Brightcove; and (3) disclose all material information necessary for Brightcove shareholders to adequately assess and value the merger consideration. On behalf of Brightcove shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. View source version on businesswire.com : https://www.businesswire.com/news/home/20241228196149/en/ CONTACT: Halper Sadeh LLC One World Trade Center 85th Floor New York, NY 10007 Daniel Sadeh, Esq. Zachary Halper, Esq. (212) 763-0060 sadeh@halpersadeh.com zhalper@halpersadeh.com https://www.halpersadeh.com KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL SOURCE: Halper Sadeh LLC Copyright Business Wire 2024. PUB: 12/28/2024 02:50 PM/DISC: 12/28/2024 02:49 PM http://www.businesswire.com/news/home/20241228196149/enDexus (OTCMKTS:DXSPF) Trading 3.5% Higher – Here’s Why
In an interview with Fortune in 2013, legendary investor Warren Buffett shared his insights on avoiding speculative investing and adopting a disciplined, long-term approach. What Happened: Buffett, known for his value investing philosophy, highlighted the importance of understanding the productive potential of assets rather than making impulsive decisions based on market noise. During the interview , Buffett compared evaluating stocks to assessing tangible investments like farms or apartment buildings. For a farm, he advises calculating expected crop yields and determining their value. Similarly, for an apartment building, rental income should be weighed against taxes and expenses to estimate the expected return. In both cases, the focus should be on paying a fair price for the asset's productive potential. “You always want to look at the productive ability of the assets you're buying, whether it's a farm, an apartment house, or a company. The company is represented by a stock. If you always get your money's worth, you'll do very well,” Buffett said. Also Read: Warren Buffett’s Timeless Advice: ‘If You’re Gonna Do Dumb Things Because Your Stock Goes Down, You Shouldn’t Own A Stock At All’ “If you buy a farm, you look at the farm and say, "I expect to get so many bushels per acre of corn or soybeans." Then you figure out how much that will be worth and you figure out what the price should be. If you buy an apartment house, you should look at what the rentals will be, what the taxes and expenses will be, and then decide how much income you'll have. You pay a fair price for that,” Buffett added. However, when it comes to stocks, Buffett warned against buying based on hearsay or speculative advice. He encouraged investors to prioritize the long-term productive ability of assets over short-term price movements. "The biggest mistake people make is listening to a lot of other people and buying something because they think it's going to go up next week or next month, for whatever reason people give you. You should understand what you buy," he said. He emphasized that understanding the intrinsic value of a company, which a stock represents, is key to successful investing. “With stocks, their neighbor whispers something to them and then run out and spend money that it took them years to earn,” Buffett said. Why It Matters: This advice aligns with Buffett's broader philosophy of value investing, which has guided his decades-long track record of outperforming the market. His focus on fundamentals serves as a reminder that patience and careful evaluation remain the cornerstones of sound investing. Read Next Warren Buffett’s Career Advice: ‘Don’t Think About Money, Take The Job That You Would Take If You Didn’t Need The Job’ This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Quick Links Testing the US Navy's Super Hornets The Rhino's latest Block What are the new features? GE's engine enhancements Fear the Rhino's weaponry Block II vs Block III The future of the Boeing Super Hornets Boeing announced that the F/A-18 Super Hornet upgrades include a large area display and advanced Tactical Targeting Network Technology for more powerful computing, with a Distributed Targeting Processor-Networked DTP-N that reduces pilot workload by allowing evidence-based information on the new display. This open mission systems processor has the power to compute algorithms to manage any complex air combat. “These first deliveries of Block III SLM jets are a major milestone in our continued efforts to ensure capability, reliability, availability and maintainability of the Super Hornet aircraft,” said Capt. Michael Burks, program manager for the F/A-18 and EA-18G Program Office . The aerospace giant has received the F/A-18 Block II for Service Life Modernization SLM , which will be upgraded to the new Block III configuration, adding an extra 4,000 flight hours. Boeing successfully delivered the first two upgraded fighters from its two facilities in St. Louis and San Antonio to the US Navy on June 27, 2024. On March 2024, The US Navy awarded Boeing a $1.3 billion contract for 17 F/A-18 Super Hornets and a technical data package. The contract was awarded to help address the strike fighter shortfall, with final delivery expected in spring 2027. The Navy also plans to convert 550 other Super Hornets to the Block III standard. Boosting US air capabilities in the region. Testing the US Navy's Super Hornets Boeing delivered its first two Block III Super Hornets to the US Navy for flight testing in June 2020 . It marked a shift from purchasing new jets from Boeing to focusing on developing the fourth-generation fighter jet. The Block III model is more "networked and survivable" than the Block II design, with five major design features: An advanced cockpit system that combines original displays into a glass touchscreen. Conformal fuel tanks for fuel-carrying and tanking capacity. A prominent flight service life. Radar cross-section improvements. An advanced networking infrastructure to aid the pilot in decision-making. The Navy announced that the funds for a multiyear purchase of Super Hornets from 2022 will be redirected to developing Air Dominance and other aviation wholeness investments. The decision to truncate the Super Hornet production line is about freeing up the Boeing production line and workforce to focus on the program, which would maintain the right balance of Super Hornets versus F-35 Fighters in the carrier air wing and deliver greater capability and service life on converted jets. “The Super Hornet remains a predominant aircraft in the carrier air wing and will continue to provide significant combat capability into the 2040s,” said Rear Adm. John Lemmon, Program Executive Officer for Tactical Aircraft Programs. The Rhino's latest Block The Super Hornet, available in two models - the single-seat E and two-seat F - performs various tactical missions, including air superiority, precision-guided strikes, fighter escort, close air support, suppression of enemy defenses, maritime strike, reconnaissance, forward air control, and tanker missions. Its new strengthened airframe will extend the service life to more than 10,000 flight hours. What are the new features? The advanced Rhino offers operational advantages against technologically advanced systems and adversaries. Its advanced processing, networking, survivability, and range/payload capabilities provide an operational advantage. The Block III aircraft features an improved cockpit with a 10 in × 19 in (25 cm × 48 cm) large touchscreen display, updated integration, and targeting networks. It provides pilots with extraordinary payload flexibility. Its advanced data link and threat detection enable better data processing and transmission, operating in lightning and thunderstorm weather and cold temperatures. It also features an advanced cockpit system and long-wave Infrared Search & Track for long-range threat detection. Over 800 Super Hornets produced with over 10 million flight hours, tested and proven for regular upgrades, offer low procurement and total life cycle costs of approximately $19K USD per flight hour. GE's engine enhancements The modern General Electric afterburning turbofan features an enhanced performance engine (EPE) that boosts the power output of the F414-GE-400 by 20%. The F414 Enhanced Engine offers enhanced performance, survivability, and payload for the twin-engined F-18 Block III. The F414 can be retrofitted for improved component capability and reduced ownership costs. The US Navy has relied on the F414 engine for over 30 years, providing over 5 million engine flight hours and unrestricted operability. The F414 is also a potential powerplant for emerging platforms like the Korean KF-X KAI KF-21 Boramae, Indian Medium Combat Aircraft HAL Tejas Mk2, and Swedish Saab JAS 39E/F Gripen. Fear the Rhino's weaponry The aircraft features a next-generation cockpit, an internal infrared search and track system, and conformal fuel tanks. It also has an enclosed weapons pod (EWP) and a new missile warning system. It offers a day/night strike with precision-guided weapons, featuring 11 hardpoints distributed at the wingtips, under the wing, and under the fuselage. The new weapons pod can carry missiles and bombs with reduced radar lock risks. It can use shorter-range Sidewinder air-to-air missiles, AMRAAM, Joint Standoff Weapon, Small Diameter Bomb, and Mk-84 general-purpose bombs. Like Block II, it has a 20mm M61 rotary cannon and can carry the AGM-65 Maverick missile, AGM-84 Harpoon ship-killing missile, and AGM-88 HARM anti-radar missile. Air-to-air missiles Air-to-surface missiles AIM-7 Sparrow AGM-158 JASSM AIM-9 Sidewinder AGM-158C LRASM AIM-120 AMRAAM AGM-84H/K SLAM-ER AIM-260 JATM AGM-154 JSOW AIM-174B AGM-88 HARM AGM-84 Harpoon AGM-65E/F Maverick The jet can also carry the ADM-141A/B TALD decoy missile and the Raytheon AN/ALE-50 towed decoy system, an electronic countermeasure tool designed to protect US military aircraft from radar-guided missiles to confuse and saturate enemy air defenses, allowing attacking aircraft and weapons a higher probability of penetrating the target. This heavy lifting, which exceeds 17,000 lb (7711 kg), is useful for fleet defense missions, early warning missions, electronic surveillance, and tankers. Block II vs Block III The fourth-generation fighter, a 20% larger and 7,000 lbs heavier aircraft than the prior Hornets, offers increased capability and functionality. Its additional hardpoints and powerful engines enable it to carry more ordnance and expand its range. With most internal improvements, one visible change is incorporating conformal fuel tanks, which attach directly to the fuselage, reducing drag. Another advantage of the Block IIIs is increased lifespan, improving flight time between training and deployments. Feature Block II Block III Data Link Multi-Functional Information Distribution System MIDS Tactical Targeting Network Technology TTNT Conformal Fuel Tanks N/A Available, increasing range Mission Computer Advanced Mission Computer AMC Distributed Targeting Processor-Networked DTP-N, 17 times more powerful Service Life 6,000 Flying hours 10,000 Flying hours The future of the Boeing Super Hornets Boeing and Northrop Grumman financed the Advanced Super Hornet program, which features a 50% reduction in frontal radar cross-section, conformal fuel tanks CFT, and an enclosed weapons pod. The new block could be integrated into the EA-18 Growler to reduce underwing space and lower drag margin for the Next Generation Jammer . The F/A-18E/F mission allows combatant commanders to conduct offensive and defensive air combat missions, attack ground targets using the US inventory of precision and non-precision weapon stores, provide in-flight refueling for other tactical aircraft, and offer organic tactical reconnaissance capabilities. Australia and Kuwait have acquired earlier Super Hornets, but Australia is transitioning to F-35A fighter jets, and Kuwait has ordered Eurofighter Typhoon jets. Canada has halted the Boeing F/A-18 Block III Super Hornet from its Future Fighter Capability Project FFCP competition. The decision was made after rigorous evaluations of proposals based on capability, cost, and economic benefits. The US Navy's Hornet has an exceptional legacy of performance that has made it the jet of choice for the flat-top fleet in the modern era.Andy Murray and Novak Djokovic’s magnificent seven grand slam finals
Italy’s 2025 Budget Gets Parliamentary Nod in Boost for MeloniJudy Garland's Wizard of Oz ruby slippers are set to go under the hammer for £2m - after being stolen by mobster By GRANT TUCKER ENTERTAINMENT EDITOR Published: 22:37 GMT, 27 November 2024 | Updated: 22:40 GMT, 27 November 2024 e-mail View comments The iconic red slippers worn by Judy Garland in The Wizard of Oz movie have gone on display in London ahead of an international auction next month. The magical footwear is expected to sell for upwards of £2million when it goes under the hammer at Heritage Auctions in Dallas on December 7. They are just one of the four pairs of surviving slippers from the 1939 technicolour film. The pair, which is being displayed at Heritage’s Mayfair showroom in London, was worn by Garland for the majority of the film, including three famous close-up scenes, when the Wicked Witch is shocked as she attempts to touch them, a close-up at the Gates of Oz, and the climactic heel-tapping scene as Garland’s character Dorothy repeatedly says ‘There is no place like home’. They are being sold by private collector Michael Shaw, a former child actor with MGM, and have an interesting back story. He loaned the slippers to the Judy Garland Museum in her home town of Grand Rapids, Minnesota in 2005, but they were quickly stolen. The pair, which is being displayed at Heritage’s Mayfair showroom in London, was worn by Garland for the majority of the film, including three famous close-up scenes Film stills taken of 'Wizard of Oz' from 1939. The magical red slippers are expected to sell for upwards of £2million when it goes under the hammer at Heritage Auctions in Dallas on December 7 It was not until 2018 that the FBI finally recovered the famous memorabilia buried in a Tupperware box. Terry Martin later admitted to the theft and said he did so because he believed they were encrusted with real rubies. The 76-year-old was given a suspended prison sentence in January this year. Joe Maddalena, executive vice president at Heritage Auctions, said: ‘You cannot overstate the importance of Dorothy’s ruby slippers: They are the most important prop in Hollywood history.’ The slippers will be auctioned alongside the black pointed hat worn by Margaret Hamilton’s Wicked Witch of the West in The Wizard of Oz. Other memorabilia from The Wizard of Oz will also be on sale, including Garland’s wigs, film posters and photographs, as well as other items such as a wooden game board from Jumanji starring Robin Williams. Share or comment on this article: Judy Garland's Wizard of Oz ruby slippers are set to go under the hammer for £2m - after being stolen by mobster e-mail Add commentZaidi clarifies Giants lineup controversy with Melvin after firing
Charles F. Dolan, a media and telecommunications pioneer who founded Cablevision Systems Corp., has died, a family spokesperson said Saturday. He was 98. Dolan first changed the landscape of television in the 1960s, when he laid cable in lower Manhattan and gambled that people would pay for programs superior to those broadcast for free over the air. He went on to found Home Box Office Inc., later known as HBO, American Movie Classics and launched the country’s first 24-hour cable channel for local news, News12. “He’s one of the pioneers of cable television and one of the most brilliant people there is when it comes to programming and seeing what’s ahead,” Ted Turner, the founder of CNN, told Newsday in 1990. On Saturday, the Dolan family, in a statement sent by a spokesperson, said, "It is with deep sorrow that we announce the passing of our beloved father and patriarch, Charles Dolan, the visionary founder of HBO and Cablevision." Dolan died of natural causes and was surrounded by his loved ones at the time of his death, according to the family. From breaking news to special features and documentaries, the NewsdayTV team is covering the issues that matter to you. By clicking Sign up, you agree to our privacy policy . "Remembered as both a trailblazer in the television industry and a devoted family man, his legacy will live on," the family said. Cablevision purchased Newsday Media Group in 2008. Newsday is now owned by Dolan's son, Patrick Dolan. The senior Dolan, whose primary home was in Cove Neck Village in Oyster Bay Town, expanded beyond television to own a controlling stake in companies that owned Madison Square Garden, Radio City Music Hall, the New York Knicks and the New York Rangers. The teams and sports and entertainment venues are now owned by The Madison Square Garden Company, whose CEO is Charles Dolan's son James L. Dolan. At the center of Charles Dolan's holdings was Cablevision of Bethpage, which he founded in 1973 and built into one of the nation’s largest broadcasting companies. Dolan passed day-to-day control of Cablevision to son James in 1995. But the senior Dolan remained chairman of the board until the company was sold to Altice in 2015 for nearly $18 billion. Charles Dolan in 1979. Dolan had just announced a new cable network in Queens. Credit: Newsday/Dick Yarwood Dolan had the reputation of being soft-spoken and reserved. He rarely granted interviews. And for years he eschewed chauffeurs and drove his own car, despite being one of the richest men in America. He was married for 73 years to Helen Ann Dolan, who died last year . They have six grown children and lived on a 5-acre waterfront estate, where for decades they hosted annual July Fourth fireworks displays that attracted hundreds of onlookers who watched from boats in Long Island Sound. Despite his courtly demeanor — he spoke so softly in meetings that people sometimes couldn’t hear him — Dolan had a reputation for pursuing deals with patient yet intense fervor, sometime taking years to get what he wanted. Competitors said he waited decades for a chance to buy Madison Square Garden. When the opportunity arrived, he leapt with abandon. “I call him bulldog Dolan,” former Univision chairman Andrew Jerrold “Jerry” Perenchio told the Los Angeles Times in 1994. Charles Dolan was born in Cleveland Heights, Ohio, one of four boys and the grandchild of Irish immigrants. His father, David J. Dolan, was an inventor who created a steering wheel lock to deter would-be thieves from making off with Model T Fords. He died of cancer in 1943, when Charles was 16, leaving him and his brothers to be raised by their mother. By then, Charles Dolan was already pushing into the media business. He earned $2 a week writing a column on the Boy Scouts for the Cleveland Press. Dolan worked at a radio station in high school, served briefly in the Air Force in the waning days of World War II, and returned to Ohio and enrolled at John Carroll University. It was there, in logic class, that he met his future wife, Helen Burgess. Dolan quit college before graduating and started a sports newsreel business out of the couple’s apartment. Using their kitchen as a studio, Dolan and his wife pasted negatives on the cabinets and cobbled together highlight films that they would sell to stations around the nation. The operation, however, made little money. Dolan sold the business to a competitor, Telenews, in 1952, essentially trading his customers for a job with the company in New York City. Charles and Helen Dolan moved east. In 1954, Dolan took a job with Sterling Television, where he helped launch a project to wire Manhattan with coaxial cable to deliver news and tourism programs. In the mid-1960s, cable television was a media backwater, confined to rural areas too remote for airborne signals. The conventional wisdom was that no one in a city or suburb would pay for television programs when they came free with an antenna. “No one but Chuck Dolan ever thought cable would amount to anything outside poor reception areas,” said Perenchio, the former Univision executive. In 1965, Dolan persuaded the New York City Board of Estimate — which at the time governed the five boroughs — to award him the franchise to wire the southern half of Manhattan. Dolan tapped Time Inc. and others for backing, then began the massive task of installing underground cable amid the warren of buildings. Once it was in place, Dolan’s company, Sterling Manhattan Cable, needed to find a way to attract subscribers. He turned to sports. In 1967, he struck a deal with Madison Square Garden to offer Knicks and Rangers playoff games. At the time, home games were blacked out by regular television. So the only way to watch was having a seat at the Garden — or subscribe to Dolan’s system. “I remember walking down Third Avenue, and every bar was filled to overflowing,” Dolan said in Wired to Win, a 2003 book about the early days of cable. “They were all wired for cable and showing the games people couldn’t see on regular broadcast television. It was wonderful.” But profits were a long way off, and it would take more than sports to keep cable afloat. Dolan, who was deeply in debt, needed more money to develop programming with broader appeal. So in 1972, while aboard the Queen Elizabeth II for a family vacation, Dolan holed up in his cabin with an old typewriter and began to write. As the ship steamed east toward France, he banged out the blueprint for a national pay-television channel that he hoped would convince Time Inc. — which already owned 20% of Sterling Manhattan Cable — to invest more money and take the company to the next level. He called it “The Green Channel.” America would come to know it as HBO. The idea was to broadcast a mix of movies and sporting events and syndicate to other cable systems around the country. Time Inc. was impressed, and the channel launched in November 1972. Nonetheless, Dolan’s company struggled to turn a profit. His relationship with Time Inc. soured. In 1973, Time Inc. bought out the company, including HBO. In exchange for relinquishing control, Dolan walked away with Time’s fledging cable system in Nassau County, with 1,500 subscribers. “That was the beginning of Cablevision Systems Corporation,” Dolan said in the book “Wired to Win.” Over the next decades, Dolan built his subscriber base, launched subsidiaries and developed programming, including the SportsChannel, American Movie Classics, Bravo and others. He expanded into Brooklyn, the Bronx, Connecticut, New Jersey and elsewhere. He took Cablevision public in 1986 but maintained a majority stake. “I have to admire the way Chuck has built his company and retained control,” Liberty Media Corporation chairman John C. Malone told the Los Angeles Times in 1994. “It’s really miraculous.” In 1998, Dolan helped found The Lustgarten Foundation in Uniondale, after Cablevision vice chairman Marc Lustgarten was diagnosed with pancreatic cancer at age 51. The foundation is now the nation’s largest private supporter of pancreatic cancer research. Dolan also served as a trustee of Fairfield University in Connecticut, where the business school is named after him. And despite never graduating from John Carroll University, he gave the school $20 million in 2000 to build a science and technology center. Dolan is survived by sons Patrick Dolan, Thomas Dolan and James Dolan; daughters Marianne Dolan-Weber, Kathleen Dolan and Deborah Dolan-Sweeney; and 19 grandchildren and five great-grandchildren. Funeral arrangements were pending. With James T. Madore, Joe Ryan and Dandan ZouDazostinag sodium is under clinical development by and currently in Phase I for Non-Small Cell Lung Cancer. According to GlobalData, Phase I drugs for Non-Small Cell Lung Cancer have an 80% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData tracks drug-specific phase transition and likelihood of approval scores, in addition to indication benchmarks based off 18 years of historical drug development data. Attributes of the drug, company and its clinical trials play a fundamental role in drug-specific PTSR and likelihood of approval. Dazostinag sodium overview Dazostinag sodium (TAK-676) is under development for the treatment of advanced or metastatic solid tumors including non-small cell lung cancer, triple-negative breast cancer (TNBC), oropharyngeal cancer, colorectal cancer and head and neck cancer squamous cell carcinoma. The drug candidate is cyclic purine dinucleotide and acts by targeting stimulator of interferon genes (STING/TMEM173). It is a new molecular entity. It is administered via intravenous route. Takeda Pharmaceutical overview (Takeda) is a global pharmaceutical company primarily engaged in the research, development, production, and commercialization of biopharmaceutical products. It provides treatment for inflammatory bowel disease, acid-related diseases, motility disorders and liver diseases; hemophilia and hereditary bleeding disorders; primary immunodeficiency and multifocal motor neuropathy; major depressive disorder and attention-deficit hyperactivity disorder; and its cancer treatment encompasses multiple myeloma, mantle cell lymphoma, non-small cell lung cancer and chronic myeloid leukemia. While the company markets its pharmaceutical products directly, it also collaborates with marketing alliance partners in worldwide. Takeda operates in various countries worldwide, including Japan, the US, Europe, Latin America, Africa, the Middle East, and the Asia Pacific region. Takeda is headquartered in Tokyo, Japan. For a complete picture of Dazostinag sodium’s drug-specific PTSR and LoA scores, This content was updated on 12 April 2024 From Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors. , the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article. GlobalData’s Likelihood of Approval analytics tool dynamically assesses and predicts how likely a drug will move to the next stage in clinical development (PTSR), as well as how likely the drug will be approved (LoA). This is based on a combination of machine learning and a proprietary algorithm to process data points from various databases found on GlobalData’s .Xtracker Msci Acwi Ex Us High ( NYSEARCA:HDAW – Get Free Report ) dropped 0% during trading on Friday . The stock traded as low as $25.35 and last traded at $25.36. Approximately 1,900 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 1,688 shares. The stock had previously closed at $25.37. Xtracker Msci Acwi Ex Us High Trading Down 0.0 % The firm has a market cap of $11.41 million, a P/E ratio of 9.61 and a beta of 0.64. The business’s 50-day moving average is $25.36 and its two-hundred day moving average is $25.31. Xtracker Msci Acwi Ex Us High Company Profile ( Get Free Report ) The Xtrackers MSCI All World ex US High Dividend Yield Hedged Equity ETF (HDAW) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market cap-weighted index of global ex-US stocks, selected by quality and dividend factors. HDAW was launched on Aug 12, 2015 and is managed by Xtrackers. Recommended Stories Receive News & Ratings for Xtracker Msci Acwi Ex Us High Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xtracker Msci Acwi Ex Us High and related companies with MarketBeat.com's FREE daily email newsletter .Some ASX shares can provide a very pleasing level of income, but which ones are worth owning? Companies such as ( ), ( ), ( ), and ( ) are well-known for paying dividends. However, they do not necessarily have a strong track record of consistently increasing their dividend payments each year. In fact, I believe that their dividend growth may be slow in the coming years. Therefore, I'd ideally want to own businesses that can deliver longer periods of dividend growth and offer investors a pleasing dividend yield today. With that in mind, I think the two stocks below are compelling options for dividends, growth, and . Medibank Private Ltd ( ) Medibank is the largest private health insurance business in Australia, with its Medibank and ahm brands. In my eyes, private health insurance is a defensive sector because most people value their health. The rising policyholder numbers are helping Medibank grow its operating profit and net non-resident policy unit growth was 69,000. Medibank reported that its operating profit increased 7.9% to $700 million, and overall underlying grew 14.1% to $570.4 million. This helped send the dividend per share higher by 13.7% to 16.6 cents. The latest annual payout translates into a grossed-up of 6.2%, including . Universal Store Holdings Ltd ( ) CTC (THRILLS and Worship). Despite all the economic uncertainty, the company and growth of 45.3% to $34.3 million. I believe this company can continue to grow profit by rolling out more stores in Australia, particularly Perfect Stranger. When it gave an update about the , the company said it was on track to achieve nine to 15 new stores in FY25 – it had 102 at the end of FY24. In that update, the business also said Perfect Stranger's total sales were up 111.1% year over year. The ASX share has a promising growth outlook, which would be very helpful for the company's dividend. In FY24, it grew its annual dividend to 35.5 cents – it has increased its dividend each year since it started paying one in 2021. The business has a grossed-up dividend yield of 6%, including franking credits.