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THUNDER BAY — A school bus hit a patch of ice and overturned in a ditch in a rural area outside Thunder Bay on Monday afternoon. The Lakehead District School Board reported that one person suffered a minor injury in the incident, which occurred around 3:25 pm. Twelve students were on the Kakabeka Falls Public School and Westgate CVI bus IR507 at the time. In a social media post, the school board said the incident happened as the driver was attempting to turn from Ellis Road onto Centre Road. Police were on the scene, and were to release the students to their parents, or for transportation on an alternate bus. Student Transportation Services of Thunder Bay was to notify any parents who had not yet been contacted.NDP Leader Jagmeet Singh says he won't back the Conservatives' latest non-confidence motion, even though it quotes his own criticisms of the Liberal government. "It will probably come as no surprise that I'm not going to play [Conservative Leader] Pierre Poilievre's games," Singh said when asked Tuesday about the motion. The motion cited criticisms Singh has levied at the Liberal government, including his words in the video announcing the termination of the NDP's governing agreement with the Liberals back in September . WATCH | Singh says he won't support upcoming Conservative non-confidence motion: Singh says he won’t support upcoming Conservative non-confidence motion 3 hours ago Duration 0:40 NDP Leader Jagmeet Singh is asked if he will support a non-confidence motion set to be introduced by Conservatives that uses Singh's own words in an attempt to convince New Democrats to bring down the minority Liberal government. Singh said he is ‘not playing Pierre Poilievre’s games.’ "The Liberals are too weak, too selfish and too beholden to corporate interests to fight for people," Singh said at the time. The motion calls on the House to declare that it "agrees with the NDP leader" and has lost confidence in the government. If passed, the motion would trigger an election. Speaking to NDP staff members on Tuesday morning, Singh promised to run a "gutsy" and "unapologetic" campaign in the next election. Conservatives plan to use Jagmeet Singh's own words in latest non-confidence motion Speaker schedules opposition motions after Tories block own non-confidence vote No clear end in sight as House of Commons gridlock approaches 2-month mark But when asked about the Conservative motion on Tuesday afternoon, Singh didn't seem eager to rush into that campaign. "I want to actually have dental care expanded. I want to see more people actually start to benefit from the pharmacare we passed," he said, pointing to programs that were introduced under his party's former governing agreement with the Liberals. The dental program is expected to expand to millions of Canadians in 2025 and the government says it expects to sign pharmacare agreements — which would cover diabetes medication and contraceptives — with the provinces in the spring . Under House of Commons rules, Opposition parties are allotted a certain amount of "opposition days" or "supply days," when their motions take priority over government business. Speaker temporarily halts gridlock But no opposition days have been held since early October due to an ongoing privilege debate jamming up the House. The debate stems from the Conservatives' demand that the Liberals provide unredacted documents to the RCMP about allegations of misspending at a now-defunct green technology fund . Because the debate is considered a question of privilege, the House has been unable to move forward with most of its usual business, including opposition days. Speaker Greg Fergus intervened on Monday to temporarily break the gridlock to schedule the four remaining opposition days — which must take place by Dec. 10, according to the House rules. By the numbers: Here's what it would take to bring down the Liberals in a confidence vote What would have to happen in Parliament to trigger an early election? NDP, Conservative MPs accuse each other of harassment in the House Fergus told the House he had scheduled two opposition days for Thursday and Friday, meaning the government could face a non-confidence vote as early as Monday. Two Conservative opposition motions declaring non-confidence in the government were defeated in September, with the Bloc Québécois and the NDP voting against them. The Bloc has since pledged to work with other opposition parties to defeat the government after the Liberals refused to adopt a Bloc bill to raise old age security payments for seniors under age 75. Bloc Leader Yves-François Blanchet said his party would only vote in favour of non-confidence motions if the party deems them to be in the best interests of Quebec.
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Editor's note: Interviews for this story were conducted in February 2023, shortly after former President Jimmy Carter entered hospice care. This story will be updated. While the nation mourned former president Jimmy Carter after his death on Sunday, many had spent time reflecting on his legacy over the months since he entered hospice care in February 2023. In Central Illinois and beyond, the 100-year-old former peanut farmer was remembered as much for his personal likability and humanitarian work as for his tumultuous single term as the 39th president. Here's how some say he will be remembered. Work with Habitat for Humanity Carter first became involved in Habitat for Humanity in 1984, when he and wife Rosalynn worked with their local Habitat organization in Americus, Georgia, according to information from the national Habitat organization. The couple traveled across the globe working on habitat projects, working alongside more than 100,000 volunteers on 4,390 homes in 14 countries. “We may be able to count the number of Carter work projects and the number of families served by those builds, but we cannot truly quantify the immense impact the Carters have had on Habitat homeowners, staff, volunteers and donors. We will continue to honor President Carter’s legacy through our service to our community,” said Tyler Wiggs, Habitat McLean County’s office manager, in a press release. Carter's legacy will live on, in part through the work done by Habitat organizations across the country, said Jolene Aldus, now executive director for Habitat for Humanity of McLean County. "There's no doubt that President Carter was well liked and loved by many Americans," said Aldus, who was the organization's director of development at the time of the interview in 2023. Carter's influence also helps local Habitat organizations gain a foothold in smaller communities, she said. Popularity increased post-presidency Carter is often known as a more popular former president than he was a president, two Illinois State University political science professors said. "He more or less invented the modern sense of the post-presidency," said Professor Lane Crothers . That includes Carter's work in the 1990s with the Carter Center in monitoring elections during a period of new democracies emerging during decolonization. Since the 1990s, a lot of the public focus on Carter has shifted to his personal journey as the longest-lived former president, Crothers said. Carter's presidency was difficult for situations outside of his control, Crothers said. Carter inherited a period of high inflation and unemployment and his presidency saw foreign events like the Iranian Revolution and energy crisis. The Democratic Party was also splitting, with Carter being the last Democrat to sweep the Southern states. Any president, even a perfect one, would have found that those situations challenging, Crothers said. Yet Carter was also seen as indecisive and uncomfortable with the "wheeling and dealing" of politics. Still, Carter left behind some strong legacies from his presidency, said Associate Professor Kerri Milita . She pointed to examples like the beginning of the handover of the Panama Canal and the Camp David Accords. These help return the U.S. to a role as a international diplomatic broker. "He really impacted the international role of the U.S. going forward," Milita said. Carter was also the first president to be elected using public funding under the model created in 1974. His campaign reflected who he was as a person, Milita said, something that carried through his presidency. "Carter was one and the same, the president was the man," she said. His campaign as a whole was unlike a lot of others in that Carter did not shy away from making his positions known, Milita said. Ambiguity can be an asset ahead of elections because it makes the candidate's positions harder to attack. "Carter went against the grain on that, and a lot his rhetoric was very clear," she said. While he lost his reelection bid in a landslide to Illinois-born, Eureka College graduate Ronald Reagan, Carter's post presidency has put him in the good graces of many in the state and beyond. "I'm not aware of anyone that has anything bad to say about it," Milita said.Flames bring 3-game losing streak into matchup with the Penguins
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NEW YORK (AP) — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal conviction , arguing that continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that anything short of immediate dismissal would undermine the transition of power, as well as the “overwhelming national mandate" granted to Trump by voters last month. They also cited President Joe Biden’s recent pardon of his son, Hunter Biden, who had been convicted of tax and gun charges . “President Biden asserted that his son was ‘selectively, and unfairly, prosecuted,’ and ‘treated differently,’" Trump’s legal team wrote. Manhattan District Attorney Alvin Bragg, they claimed, had engaged in the type of political theater "that President Biden condemned.” Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated a willingness to delay the sentencing until after Trump’s second term ends in 2029. In their filing Monday, Trump's attorneys dismissed the idea of holding off sentencing until Trump is out of office as a “ridiculous suggestion.” Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. Trump has been fighting for months to reverse his conviction on 34 counts of falsifying business records to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier. He says they did not and denies any wrongdoing. The defense filing was signed by Trump lawyers Todd Blanche and Emil Bove, who represented Trump during the trial and have since been selected by the president-elect to fill senior roles at the Justice Department. Taking a swipe at Bragg and New York City, as Trump often did throughout the trial, the filing argues that dismissal would also benefit the public by giving him and “the numerous prosecutors assigned to this case a renewed opportunity to put an end to deteriorating conditions in the City and to protect its residents from violent crime.” Clearing Trump, the lawyers added, would also allow him to “to devote all of his energy to protecting the Nation.” Merchan hasn’t yet set a timetable for a decision. He could decide to uphold the verdict and proceed to sentencing, delay the case until Trump leaves office, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court or choose some other option. An outright dismissal of the New York case would further lift a legal cloud that at one point carried the prospect of derailing Trump’s political future. Last week, special counsel Jack Smith told courts that he was withdrawing both federal cases against Trump — one charging him with hoarding classified documents at his Florida estate, the other with scheming to overturn the 2020 presidential election he lost — citing longstanding Justice Department policy that shields a president from indictment while in office. The hush money case was the only one of Trump’s four criminal indictments to go to trial, resulting in a historic verdict that made him the first former president to be convicted of a crime. Prosecutors had cast the payout as part of a Trump-driven effort to keep voters from hearing salacious stories about him. Trump’s then-lawyer Michael Cohen paid Daniels. Trump later reimbursed him, and Trump’s company logged the reimbursements as legal expenses — concealing what they really were, prosecutors alleged. Trump has said the payments to Cohen were properly categorized as legal expenses for legal work. A month after the verdict, the Supreme Court ruled that ex-presidents can’t be prosecuted for official acts — things they did in the course of running the country — and that prosecutors can’t cite those actions to bolster a case centered on purely personal, unofficial conduct. Trump’s lawyers cited the ruling to argue that the hush money jury got some improper evidence, such as Trump’s presidential financial disclosure form, testimony from some White House aides and social media posts made during his first term. Prosecutors disagreed and said the evidence in question was only “a sliver” of their case. If the verdict stands and the case proceeds to sentencing, Trump’s punishments would range from a fine to probation to up to four years in prison — but it’s unlikely he’d spend any time behind bars for a first-time conviction involving charges in the lowest tier of felonies. Because it is a state case, Trump would not be able to pardon himself once he returns to office. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!
German security chiefs to face questions over Christmas market attack
By TOM KRISHER, Associated Press DETROIT (AP) — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. On Monday, Chancellor Kathaleen St. Jude McCormick turned aside a request from Musk’s lawyers to reverse a ruling she announced in January that had thrown out the compensation plan. The judge ruled then that Musk effectively controlled Tesla’s board and had engineered the outsize pay package during sham negotiations . Lawyers for a Tesla shareholder who sued to block the pay package contended that shareholders who had voted for the 10-year plan in 2018 had been given misleading and incomplete information. In their defense, Tesla’s board members asserted that the shareholders who ratified the pay plan a second time in June had done so after receiving full disclosures, thereby curing all the problems the judge had cited in her January ruling. As a result, they argued, Musk deserved the pay package for having raised Tesla’s market value by billions of dollars. McCormick rejected that argument. In her 103-page opinion, she ruled that under Delaware law, Tesla’s lawyers had no grounds to reverse her January ruling “based on evidence they created after trial.” On Monday night, Tesla posted on X, the social media platform owned by Musk, that the company will appeal. The appeal would be filed with the Delaware Supreme Court, the only state appellate court Tesla can pursue. Experts say a ruling would likely come in less than a year. “The ruling, if not overturned, means that judges and plaintiffs’ lawyers run Delaware companies rather than their rightful owners — the shareholders,” Tesla argued. Later, on X, Musk unleashed a blistering attack on the judge, asserting that McCormick is “a radical far left activist cosplaying as a judge.” Legal authorities generally suggest that McCormick’s ruling was sound and followed the law. Charles Elson, founding director of the Weinberg Center for Corporate Governance at the University of Delaware, said that in his view, McCormick was right to rule that after Tesla lost its case in the original trial, it created improper new evidence by asking shareholders to ratify the pay package a second time. Had she allowed such a claim, he said, it would cause a major shift in Delaware’s laws against conflicts of interest given the unusually close relationship between Musk and Tesla’s board. “Delaware protects investors — that’s what she did,” said Elson, who has followed the court for more than three decades. “Just because you’re a ‘superstar CEO’ doesn’t put you in a separate category.” Elson said he thinks investors would be reluctant to put money into Delaware companies if there were exceptions to the law for “special people.” Elson said that in his opinion, the court is likely to uphold McCormick’s ruling. Experts say no. Rulings on state laws are normally left to state courts. Brian Dunn, program director for the Institute of Compensation Studies at Cornell University, said it’s been his experience that Tesla has no choice but to stay in the Delaware courts for this compensation package. The company could try to reconstitute the pay package and seek approval in Texas, where it may expect more friendlier judges. But Dunn, who has spent 40 years as an executive compensation consultant, said it’s likely that some other shareholder would challenge the award in Texas because it’s excessive compared with other CEOs’ pay plans. “If they just want to turn around and deliver him $56 billion, I can’t believe somebody wouldn’t want to litigate it,” Dunn said. “It’s an unconscionable amount of money.” Almost certainly. Tesla stock is trading at 15 times the exercise price of stock options in the current package in Delaware, Morgan Stanley analyst Adam Jonas wrote in a note to investors. Tesla’s share price has doubled in the past six months, Jonas wrote. At Monday’s closing stock price, the Musk package is now worth $101.4 billion, according to Equilar, an executive data firm. And Musk has asked for a subsequent pay package that would give him 25% of Tesla’s voting shares. Musk has said he is uncomfortable moving further into artificial intelligence with the company if he doesn’t have 25% control. He currently holds about 13% of Tesla’s outstanding shares.
KARACHI - National Bank of Pakistan has achieved a significant regulatory milestone with the termination of two longstanding enforcement actions by the Federal Reserve Board of the United States. The development marks a pivotal moment in the bank’s efforts to enhance compliance and governance across its operations. The Federal Reserve announced the conclusion of the Cease and Desist Order, which had been in place since February 22, 2022, effective December 2, 2024. Additionally, the Written Agreement, enforced since March 14, 2016, was terminated on December 17, 2024. These actions were directed at both NBP’s Karachi headquarters and its New York branch. The disclosure, filed with the Pakistan Stock Exchange (PSX) in compliance with Clause 5.6.1 of the PSX Rule Book and Sections 96 and 131 of the Securities Act, 2015, highlights NBP’s strides in aligning with international regulatory standards. China to cut import tariffs on some recycled copper and aluminium raw materials NBP’s management has emphasized its commitment to maintaining robust compliance frameworks, with the termination of these enforcement actions reflecting the bank’s progress in resolving legacy issues. The milestone is expected to bolster the bank’s standing in global financial markets and enhance stakeholder confidence. The announcement, signed by S.M. Ali-Zamin, Secretary to the Board, underlines the importance of the achievement, reinforcing NBP’s focus on operational excellence and regulatory compliance. Tags: national bank achieves regulatoryWith the 82nd Golden Globe Awards fast approaching, all eyes are on these three remarkable individuals who have secured double nominations. As they compete against the best of the best in their respective categories, their talents and dedication to their craft are sure to shine brightly on the prestigious Golden Globe stage. And with Netflix poised for a big night, the 82nd Golden Globe Awards promises to be an unforgettable celebration of excellence in film and television.
Nottingham Forest are sweating on the fitness of Elliot Anderson for this weekend’s clash with Arsenal. The Reds mark their return to action after the international break with a trip to face the Gunners on Saturday (3pm kick-off). Nuno Espirito Santo’s side are still unbeaten on the road this season and suffered only their second Premier League defeat of the campaign last time out when they fell 3-1 at home to Newcastle United. Nuno has some big selection decisions to make for the match at the Emirates Stadium and he has said Forest are "managing some players and some situations". Midfielder Anderson is among that group due to the foot problem he has been struggling with in recent weeks. “We took advantage of the international break to try to manage some players who were struggling and Elliot was one of them," Nuno said in his pre-match press conference. "Let’s see how he is tomorrow. But for now, we still have to assess him." Prior to the two-week hiatus, Anderson had been a doubt for the Reds' match with West Ham United earlier this month. In the end, he started on the bench and played the final half-hour - just as was the case against former club Newcastle. Before that clash with the Hammers, Nuno had said: “Elliot, in the game against (Crystal) Palace, somebody stood on his foot and it was very painful. He was able to play against Leicester, but he has been having treatment on it." Long-term absentees Danilo (broken ankle) and Ibrahim Sangare (hamstring) are the only two players definitely ruled out against Arsenal. Nuno explained: “We are just managing some players and some situations. As we mentioned before, we took the chance of this international break to recover some players. Let’s wait and see if they improve.”
Crescent Energy to buy Ridgemar Energy's Eagle Ford basin assets for $905 mln
Intech Investment Management LLC bought a new stake in shares of Clear Secure, Inc. ( NYSE:YOU – Free Report ) in the third quarter, HoldingsChannel.com reports. The firm bought 20,767 shares of the company’s stock, valued at approximately $688,000. A number of other institutional investors also recently bought and sold shares of YOU. Renaissance Technologies LLC lifted its position in Clear Secure by 56.5% during the second quarter. Renaissance Technologies LLC now owns 2,954,100 shares of the company’s stock valued at $55,271,000 after purchasing an additional 1,066,400 shares in the last quarter. Rice Hall James & Associates LLC lifted its stake in Clear Secure by 303.6% in the 2nd quarter. Rice Hall James & Associates LLC now owns 1,199,649 shares of the company’s stock worth $22,445,000 after purchasing an additional 902,436 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of Clear Secure by 278.3% during the 2nd quarter. Marshall Wace LLP now owns 1,099,062 shares of the company’s stock valued at $20,563,000 after purchasing an additional 808,515 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Clear Secure by 56.3% in the second quarter. Millennium Management LLC now owns 2,103,578 shares of the company’s stock worth $39,358,000 after purchasing an additional 757,528 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Clear Secure by 402.2% in the second quarter. Victory Capital Management Inc. now owns 885,325 shares of the company’s stock worth $16,564,000 after purchasing an additional 709,020 shares during the last quarter. Institutional investors own 73.80% of the company’s stock. Wall Street Analysts Forecast Growth Several equities analysts have weighed in on YOU shares. Telsey Advisory Group raised their price target on Clear Secure from $34.00 to $42.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Wedbush restated a “neutral” rating and issued a $26.00 price target (up previously from $24.00) on shares of Clear Secure in a research report on Thursday, November 7th. Stifel Nicolaus increased their price objective on shares of Clear Secure from $24.00 to $32.00 and gave the company a “hold” rating in a research report on Monday, October 28th. The Goldman Sachs Group lifted their price objective on shares of Clear Secure from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, August 8th. Finally, Needham & Company LLC restated a “buy” rating and set a $45.00 target price on shares of Clear Secure in a research report on Friday, November 8th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $32.67. Insider Buying and Selling In related news, Director Alclear Investments Ii, Llc sold 227,021 shares of the company’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $31.05, for a total transaction of $7,049,002.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Also, CAO Dennis W. Liu sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $31.05, for a total transaction of $46,575.00. Following the transaction, the chief accounting officer now owns 7,211 shares of the company’s stock, valued at approximately $223,901.55. This trade represents a 17.22 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 901,500 shares of company stock valued at $29,055,829 over the last quarter. 37.85% of the stock is owned by corporate insiders. Clear Secure Trading Down 0.9 % YOU stock opened at $25.87 on Friday. Clear Secure, Inc. has a 12 month low of $16.05 and a 12 month high of $38.88. The stock has a market cap of $3.61 billion, a PE ratio of 30.08 and a beta of 1.63. The company has a 50-day moving average price of $31.85 and a 200 day moving average price of $25.70. Clear Secure ( NYSE:YOU – Get Free Report ) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.03). The company had revenue of $198.40 million during the quarter, compared to analysts’ expectations of $194.62 million. Clear Secure had a return on equity of 48.28% and a net margin of 10.93%. The company’s quarterly revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.20 EPS. Sell-side analysts forecast that Clear Secure, Inc. will post 0.98 EPS for the current year. Clear Secure Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 10th will be issued a $0.125 dividend. This is a positive change from Clear Secure’s previous quarterly dividend of $0.10. The ex-dividend date is Tuesday, December 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.93%. Clear Secure’s payout ratio is presently 46.51%. Clear Secure Company Profile ( Free Report ) Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members. Featured Stories Want to see what other hedge funds are holding YOU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Clear Secure, Inc. ( NYSE:YOU – Free Report ). 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Trump team signs agreement to allow Justice to conduct background checks on nominees, staffabrdn Property Income Trust Limited ( LON:API – Get Free Report ) reached a new 52-week low during trading on Friday . The company traded as low as GBX 6.06 ($0.08) and last traded at GBX 6.86 ($0.09), with a volume of 3075678 shares traded. The stock had previously closed at GBX 6.55 ($0.08). abrdn Property Income Trust Trading Up 4.7 % The business’s 50-day moving average price is GBX 51.20 and its 200 day moving average price is GBX 54. The firm has a market capitalization of £26.15 million, a price-to-earnings ratio of -343.00 and a beta of 0.33. The company has a debt-to-equity ratio of 47.99, a current ratio of 3.47 and a quick ratio of 0.16. abrdn Property Income Trust Increases Dividend The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 17th were given a GBX 52 ($0.65) dividend. This is a boost from abrdn Property Income Trust’s previous dividend of $3.00. This represents a yield of 85.81%. The ex-dividend date was Tuesday, December 17th. abrdn Property Income Trust’s dividend payout ratio is presently -20,000.00%. Insider Transactions at abrdn Property Income Trust abrdn Property Income Trust Company Profile ( Get Free Report ) Actively managing UK real estate looking for higher yield and capital growth See Also Receive News & Ratings for abrdn Property Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Property Income Trust and related companies with MarketBeat.com's FREE daily email newsletter .

THUNDER BAY — A school bus hit a patch of ice and overturned in a ditch in a rural area outside Thunder Bay on Monday afternoon. The Lakehead District School Board reported that one person suffered a minor injury in the incident, which occurred around 3:25 pm. Twelve students were on the Kakabeka Falls Public School and Westgate CVI bus IR507 at the time. In a social media post, the school board said the incident happened as the driver was attempting to turn from Ellis Road onto Centre Road. Police were on the scene, and were to release the students to their parents, or for transportation on an alternate bus. Student Transportation Services of Thunder Bay was to notify any parents who had not yet been contacted.NDP Leader Jagmeet Singh says he won't back the Conservatives' latest non-confidence motion, even though it quotes his own criticisms of the Liberal government. "It will probably come as no surprise that I'm not going to play [Conservative Leader] Pierre Poilievre's games," Singh said when asked Tuesday about the motion. The motion cited criticisms Singh has levied at the Liberal government, including his words in the video announcing the termination of the NDP's governing agreement with the Liberals back in September . WATCH | Singh says he won't support upcoming Conservative non-confidence motion: Singh says he won’t support upcoming Conservative non-confidence motion 3 hours ago Duration 0:40 NDP Leader Jagmeet Singh is asked if he will support a non-confidence motion set to be introduced by Conservatives that uses Singh's own words in an attempt to convince New Democrats to bring down the minority Liberal government. Singh said he is ‘not playing Pierre Poilievre’s games.’ "The Liberals are too weak, too selfish and too beholden to corporate interests to fight for people," Singh said at the time. The motion calls on the House to declare that it "agrees with the NDP leader" and has lost confidence in the government. If passed, the motion would trigger an election. Speaking to NDP staff members on Tuesday morning, Singh promised to run a "gutsy" and "unapologetic" campaign in the next election. Conservatives plan to use Jagmeet Singh's own words in latest non-confidence motion Speaker schedules opposition motions after Tories block own non-confidence vote No clear end in sight as House of Commons gridlock approaches 2-month mark But when asked about the Conservative motion on Tuesday afternoon, Singh didn't seem eager to rush into that campaign. "I want to actually have dental care expanded. I want to see more people actually start to benefit from the pharmacare we passed," he said, pointing to programs that were introduced under his party's former governing agreement with the Liberals. The dental program is expected to expand to millions of Canadians in 2025 and the government says it expects to sign pharmacare agreements — which would cover diabetes medication and contraceptives — with the provinces in the spring . Under House of Commons rules, Opposition parties are allotted a certain amount of "opposition days" or "supply days," when their motions take priority over government business. Speaker temporarily halts gridlock But no opposition days have been held since early October due to an ongoing privilege debate jamming up the House. The debate stems from the Conservatives' demand that the Liberals provide unredacted documents to the RCMP about allegations of misspending at a now-defunct green technology fund . Because the debate is considered a question of privilege, the House has been unable to move forward with most of its usual business, including opposition days. Speaker Greg Fergus intervened on Monday to temporarily break the gridlock to schedule the four remaining opposition days — which must take place by Dec. 10, according to the House rules. By the numbers: Here's what it would take to bring down the Liberals in a confidence vote What would have to happen in Parliament to trigger an early election? NDP, Conservative MPs accuse each other of harassment in the House Fergus told the House he had scheduled two opposition days for Thursday and Friday, meaning the government could face a non-confidence vote as early as Monday. Two Conservative opposition motions declaring non-confidence in the government were defeated in September, with the Bloc Québécois and the NDP voting against them. The Bloc has since pledged to work with other opposition parties to defeat the government after the Liberals refused to adopt a Bloc bill to raise old age security payments for seniors under age 75. Bloc Leader Yves-François Blanchet said his party would only vote in favour of non-confidence motions if the party deems them to be in the best interests of Quebec.
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Editor's note: Interviews for this story were conducted in February 2023, shortly after former President Jimmy Carter entered hospice care. This story will be updated. While the nation mourned former president Jimmy Carter after his death on Sunday, many had spent time reflecting on his legacy over the months since he entered hospice care in February 2023. In Central Illinois and beyond, the 100-year-old former peanut farmer was remembered as much for his personal likability and humanitarian work as for his tumultuous single term as the 39th president. Here's how some say he will be remembered. Work with Habitat for Humanity Carter first became involved in Habitat for Humanity in 1984, when he and wife Rosalynn worked with their local Habitat organization in Americus, Georgia, according to information from the national Habitat organization. The couple traveled across the globe working on habitat projects, working alongside more than 100,000 volunteers on 4,390 homes in 14 countries. “We may be able to count the number of Carter work projects and the number of families served by those builds, but we cannot truly quantify the immense impact the Carters have had on Habitat homeowners, staff, volunteers and donors. We will continue to honor President Carter’s legacy through our service to our community,” said Tyler Wiggs, Habitat McLean County’s office manager, in a press release. Carter's legacy will live on, in part through the work done by Habitat organizations across the country, said Jolene Aldus, now executive director for Habitat for Humanity of McLean County. "There's no doubt that President Carter was well liked and loved by many Americans," said Aldus, who was the organization's director of development at the time of the interview in 2023. Carter's influence also helps local Habitat organizations gain a foothold in smaller communities, she said. Popularity increased post-presidency Carter is often known as a more popular former president than he was a president, two Illinois State University political science professors said. "He more or less invented the modern sense of the post-presidency," said Professor Lane Crothers . That includes Carter's work in the 1990s with the Carter Center in monitoring elections during a period of new democracies emerging during decolonization. Since the 1990s, a lot of the public focus on Carter has shifted to his personal journey as the longest-lived former president, Crothers said. Carter's presidency was difficult for situations outside of his control, Crothers said. Carter inherited a period of high inflation and unemployment and his presidency saw foreign events like the Iranian Revolution and energy crisis. The Democratic Party was also splitting, with Carter being the last Democrat to sweep the Southern states. Any president, even a perfect one, would have found that those situations challenging, Crothers said. Yet Carter was also seen as indecisive and uncomfortable with the "wheeling and dealing" of politics. Still, Carter left behind some strong legacies from his presidency, said Associate Professor Kerri Milita . She pointed to examples like the beginning of the handover of the Panama Canal and the Camp David Accords. These help return the U.S. to a role as a international diplomatic broker. "He really impacted the international role of the U.S. going forward," Milita said. Carter was also the first president to be elected using public funding under the model created in 1974. His campaign reflected who he was as a person, Milita said, something that carried through his presidency. "Carter was one and the same, the president was the man," she said. His campaign as a whole was unlike a lot of others in that Carter did not shy away from making his positions known, Milita said. Ambiguity can be an asset ahead of elections because it makes the candidate's positions harder to attack. "Carter went against the grain on that, and a lot his rhetoric was very clear," she said. While he lost his reelection bid in a landslide to Illinois-born, Eureka College graduate Ronald Reagan, Carter's post presidency has put him in the good graces of many in the state and beyond. "I'm not aware of anyone that has anything bad to say about it," Milita said.Flames bring 3-game losing streak into matchup with the Penguins
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NEW YORK (AP) — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal conviction , arguing that continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that anything short of immediate dismissal would undermine the transition of power, as well as the “overwhelming national mandate" granted to Trump by voters last month. They also cited President Joe Biden’s recent pardon of his son, Hunter Biden, who had been convicted of tax and gun charges . “President Biden asserted that his son was ‘selectively, and unfairly, prosecuted,’ and ‘treated differently,’" Trump’s legal team wrote. Manhattan District Attorney Alvin Bragg, they claimed, had engaged in the type of political theater "that President Biden condemned.” Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated a willingness to delay the sentencing until after Trump’s second term ends in 2029. In their filing Monday, Trump's attorneys dismissed the idea of holding off sentencing until Trump is out of office as a “ridiculous suggestion.” Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. Trump has been fighting for months to reverse his conviction on 34 counts of falsifying business records to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier. He says they did not and denies any wrongdoing. The defense filing was signed by Trump lawyers Todd Blanche and Emil Bove, who represented Trump during the trial and have since been selected by the president-elect to fill senior roles at the Justice Department. Taking a swipe at Bragg and New York City, as Trump often did throughout the trial, the filing argues that dismissal would also benefit the public by giving him and “the numerous prosecutors assigned to this case a renewed opportunity to put an end to deteriorating conditions in the City and to protect its residents from violent crime.” Clearing Trump, the lawyers added, would also allow him to “to devote all of his energy to protecting the Nation.” Merchan hasn’t yet set a timetable for a decision. He could decide to uphold the verdict and proceed to sentencing, delay the case until Trump leaves office, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court or choose some other option. An outright dismissal of the New York case would further lift a legal cloud that at one point carried the prospect of derailing Trump’s political future. Last week, special counsel Jack Smith told courts that he was withdrawing both federal cases against Trump — one charging him with hoarding classified documents at his Florida estate, the other with scheming to overturn the 2020 presidential election he lost — citing longstanding Justice Department policy that shields a president from indictment while in office. The hush money case was the only one of Trump’s four criminal indictments to go to trial, resulting in a historic verdict that made him the first former president to be convicted of a crime. Prosecutors had cast the payout as part of a Trump-driven effort to keep voters from hearing salacious stories about him. Trump’s then-lawyer Michael Cohen paid Daniels. Trump later reimbursed him, and Trump’s company logged the reimbursements as legal expenses — concealing what they really were, prosecutors alleged. Trump has said the payments to Cohen were properly categorized as legal expenses for legal work. A month after the verdict, the Supreme Court ruled that ex-presidents can’t be prosecuted for official acts — things they did in the course of running the country — and that prosecutors can’t cite those actions to bolster a case centered on purely personal, unofficial conduct. Trump’s lawyers cited the ruling to argue that the hush money jury got some improper evidence, such as Trump’s presidential financial disclosure form, testimony from some White House aides and social media posts made during his first term. Prosecutors disagreed and said the evidence in question was only “a sliver” of their case. If the verdict stands and the case proceeds to sentencing, Trump’s punishments would range from a fine to probation to up to four years in prison — but it’s unlikely he’d spend any time behind bars for a first-time conviction involving charges in the lowest tier of felonies. Because it is a state case, Trump would not be able to pardon himself once he returns to office. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!
German security chiefs to face questions over Christmas market attack
By TOM KRISHER, Associated Press DETROIT (AP) — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. On Monday, Chancellor Kathaleen St. Jude McCormick turned aside a request from Musk’s lawyers to reverse a ruling she announced in January that had thrown out the compensation plan. The judge ruled then that Musk effectively controlled Tesla’s board and had engineered the outsize pay package during sham negotiations . Lawyers for a Tesla shareholder who sued to block the pay package contended that shareholders who had voted for the 10-year plan in 2018 had been given misleading and incomplete information. In their defense, Tesla’s board members asserted that the shareholders who ratified the pay plan a second time in June had done so after receiving full disclosures, thereby curing all the problems the judge had cited in her January ruling. As a result, they argued, Musk deserved the pay package for having raised Tesla’s market value by billions of dollars. McCormick rejected that argument. In her 103-page opinion, she ruled that under Delaware law, Tesla’s lawyers had no grounds to reverse her January ruling “based on evidence they created after trial.” On Monday night, Tesla posted on X, the social media platform owned by Musk, that the company will appeal. The appeal would be filed with the Delaware Supreme Court, the only state appellate court Tesla can pursue. Experts say a ruling would likely come in less than a year. “The ruling, if not overturned, means that judges and plaintiffs’ lawyers run Delaware companies rather than their rightful owners — the shareholders,” Tesla argued. Later, on X, Musk unleashed a blistering attack on the judge, asserting that McCormick is “a radical far left activist cosplaying as a judge.” Legal authorities generally suggest that McCormick’s ruling was sound and followed the law. Charles Elson, founding director of the Weinberg Center for Corporate Governance at the University of Delaware, said that in his view, McCormick was right to rule that after Tesla lost its case in the original trial, it created improper new evidence by asking shareholders to ratify the pay package a second time. Had she allowed such a claim, he said, it would cause a major shift in Delaware’s laws against conflicts of interest given the unusually close relationship between Musk and Tesla’s board. “Delaware protects investors — that’s what she did,” said Elson, who has followed the court for more than three decades. “Just because you’re a ‘superstar CEO’ doesn’t put you in a separate category.” Elson said he thinks investors would be reluctant to put money into Delaware companies if there were exceptions to the law for “special people.” Elson said that in his opinion, the court is likely to uphold McCormick’s ruling. Experts say no. Rulings on state laws are normally left to state courts. Brian Dunn, program director for the Institute of Compensation Studies at Cornell University, said it’s been his experience that Tesla has no choice but to stay in the Delaware courts for this compensation package. The company could try to reconstitute the pay package and seek approval in Texas, where it may expect more friendlier judges. But Dunn, who has spent 40 years as an executive compensation consultant, said it’s likely that some other shareholder would challenge the award in Texas because it’s excessive compared with other CEOs’ pay plans. “If they just want to turn around and deliver him $56 billion, I can’t believe somebody wouldn’t want to litigate it,” Dunn said. “It’s an unconscionable amount of money.” Almost certainly. Tesla stock is trading at 15 times the exercise price of stock options in the current package in Delaware, Morgan Stanley analyst Adam Jonas wrote in a note to investors. Tesla’s share price has doubled in the past six months, Jonas wrote. At Monday’s closing stock price, the Musk package is now worth $101.4 billion, according to Equilar, an executive data firm. And Musk has asked for a subsequent pay package that would give him 25% of Tesla’s voting shares. Musk has said he is uncomfortable moving further into artificial intelligence with the company if he doesn’t have 25% control. He currently holds about 13% of Tesla’s outstanding shares.
KARACHI - National Bank of Pakistan has achieved a significant regulatory milestone with the termination of two longstanding enforcement actions by the Federal Reserve Board of the United States. The development marks a pivotal moment in the bank’s efforts to enhance compliance and governance across its operations. The Federal Reserve announced the conclusion of the Cease and Desist Order, which had been in place since February 22, 2022, effective December 2, 2024. Additionally, the Written Agreement, enforced since March 14, 2016, was terminated on December 17, 2024. These actions were directed at both NBP’s Karachi headquarters and its New York branch. The disclosure, filed with the Pakistan Stock Exchange (PSX) in compliance with Clause 5.6.1 of the PSX Rule Book and Sections 96 and 131 of the Securities Act, 2015, highlights NBP’s strides in aligning with international regulatory standards. China to cut import tariffs on some recycled copper and aluminium raw materials NBP’s management has emphasized its commitment to maintaining robust compliance frameworks, with the termination of these enforcement actions reflecting the bank’s progress in resolving legacy issues. The milestone is expected to bolster the bank’s standing in global financial markets and enhance stakeholder confidence. The announcement, signed by S.M. Ali-Zamin, Secretary to the Board, underlines the importance of the achievement, reinforcing NBP’s focus on operational excellence and regulatory compliance. Tags: national bank achieves regulatoryWith the 82nd Golden Globe Awards fast approaching, all eyes are on these three remarkable individuals who have secured double nominations. As they compete against the best of the best in their respective categories, their talents and dedication to their craft are sure to shine brightly on the prestigious Golden Globe stage. And with Netflix poised for a big night, the 82nd Golden Globe Awards promises to be an unforgettable celebration of excellence in film and television.
Nottingham Forest are sweating on the fitness of Elliot Anderson for this weekend’s clash with Arsenal. The Reds mark their return to action after the international break with a trip to face the Gunners on Saturday (3pm kick-off). Nuno Espirito Santo’s side are still unbeaten on the road this season and suffered only their second Premier League defeat of the campaign last time out when they fell 3-1 at home to Newcastle United. Nuno has some big selection decisions to make for the match at the Emirates Stadium and he has said Forest are "managing some players and some situations". Midfielder Anderson is among that group due to the foot problem he has been struggling with in recent weeks. “We took advantage of the international break to try to manage some players who were struggling and Elliot was one of them," Nuno said in his pre-match press conference. "Let’s see how he is tomorrow. But for now, we still have to assess him." Prior to the two-week hiatus, Anderson had been a doubt for the Reds' match with West Ham United earlier this month. In the end, he started on the bench and played the final half-hour - just as was the case against former club Newcastle. Before that clash with the Hammers, Nuno had said: “Elliot, in the game against (Crystal) Palace, somebody stood on his foot and it was very painful. He was able to play against Leicester, but he has been having treatment on it." Long-term absentees Danilo (broken ankle) and Ibrahim Sangare (hamstring) are the only two players definitely ruled out against Arsenal. Nuno explained: “We are just managing some players and some situations. As we mentioned before, we took the chance of this international break to recover some players. Let’s wait and see if they improve.”
Crescent Energy to buy Ridgemar Energy's Eagle Ford basin assets for $905 mln
Intech Investment Management LLC bought a new stake in shares of Clear Secure, Inc. ( NYSE:YOU – Free Report ) in the third quarter, HoldingsChannel.com reports. The firm bought 20,767 shares of the company’s stock, valued at approximately $688,000. A number of other institutional investors also recently bought and sold shares of YOU. Renaissance Technologies LLC lifted its position in Clear Secure by 56.5% during the second quarter. Renaissance Technologies LLC now owns 2,954,100 shares of the company’s stock valued at $55,271,000 after purchasing an additional 1,066,400 shares in the last quarter. Rice Hall James & Associates LLC lifted its stake in Clear Secure by 303.6% in the 2nd quarter. Rice Hall James & Associates LLC now owns 1,199,649 shares of the company’s stock worth $22,445,000 after purchasing an additional 902,436 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of Clear Secure by 278.3% during the 2nd quarter. Marshall Wace LLP now owns 1,099,062 shares of the company’s stock valued at $20,563,000 after purchasing an additional 808,515 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Clear Secure by 56.3% in the second quarter. Millennium Management LLC now owns 2,103,578 shares of the company’s stock worth $39,358,000 after purchasing an additional 757,528 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Clear Secure by 402.2% in the second quarter. Victory Capital Management Inc. now owns 885,325 shares of the company’s stock worth $16,564,000 after purchasing an additional 709,020 shares during the last quarter. Institutional investors own 73.80% of the company’s stock. Wall Street Analysts Forecast Growth Several equities analysts have weighed in on YOU shares. Telsey Advisory Group raised their price target on Clear Secure from $34.00 to $42.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Wedbush restated a “neutral” rating and issued a $26.00 price target (up previously from $24.00) on shares of Clear Secure in a research report on Thursday, November 7th. Stifel Nicolaus increased their price objective on shares of Clear Secure from $24.00 to $32.00 and gave the company a “hold” rating in a research report on Monday, October 28th. The Goldman Sachs Group lifted their price objective on shares of Clear Secure from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, August 8th. Finally, Needham & Company LLC restated a “buy” rating and set a $45.00 target price on shares of Clear Secure in a research report on Friday, November 8th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $32.67. Insider Buying and Selling In related news, Director Alclear Investments Ii, Llc sold 227,021 shares of the company’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $31.05, for a total transaction of $7,049,002.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Also, CAO Dennis W. Liu sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $31.05, for a total transaction of $46,575.00. Following the transaction, the chief accounting officer now owns 7,211 shares of the company’s stock, valued at approximately $223,901.55. This trade represents a 17.22 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 901,500 shares of company stock valued at $29,055,829 over the last quarter. 37.85% of the stock is owned by corporate insiders. Clear Secure Trading Down 0.9 % YOU stock opened at $25.87 on Friday. Clear Secure, Inc. has a 12 month low of $16.05 and a 12 month high of $38.88. The stock has a market cap of $3.61 billion, a PE ratio of 30.08 and a beta of 1.63. The company has a 50-day moving average price of $31.85 and a 200 day moving average price of $25.70. Clear Secure ( NYSE:YOU – Get Free Report ) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.03). The company had revenue of $198.40 million during the quarter, compared to analysts’ expectations of $194.62 million. Clear Secure had a return on equity of 48.28% and a net margin of 10.93%. The company’s quarterly revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.20 EPS. Sell-side analysts forecast that Clear Secure, Inc. will post 0.98 EPS for the current year. Clear Secure Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 10th will be issued a $0.125 dividend. This is a positive change from Clear Secure’s previous quarterly dividend of $0.10. The ex-dividend date is Tuesday, December 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.93%. Clear Secure’s payout ratio is presently 46.51%. Clear Secure Company Profile ( Free Report ) Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members. Featured Stories Want to see what other hedge funds are holding YOU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Clear Secure, Inc. ( NYSE:YOU – Free Report ). 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Trump team signs agreement to allow Justice to conduct background checks on nominees, staffabrdn Property Income Trust Limited ( LON:API – Get Free Report ) reached a new 52-week low during trading on Friday . The company traded as low as GBX 6.06 ($0.08) and last traded at GBX 6.86 ($0.09), with a volume of 3075678 shares traded. The stock had previously closed at GBX 6.55 ($0.08). abrdn Property Income Trust Trading Up 4.7 % The business’s 50-day moving average price is GBX 51.20 and its 200 day moving average price is GBX 54. The firm has a market capitalization of £26.15 million, a price-to-earnings ratio of -343.00 and a beta of 0.33. The company has a debt-to-equity ratio of 47.99, a current ratio of 3.47 and a quick ratio of 0.16. abrdn Property Income Trust Increases Dividend The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 17th were given a GBX 52 ($0.65) dividend. This is a boost from abrdn Property Income Trust’s previous dividend of $3.00. This represents a yield of 85.81%. The ex-dividend date was Tuesday, December 17th. abrdn Property Income Trust’s dividend payout ratio is presently -20,000.00%. Insider Transactions at abrdn Property Income Trust abrdn Property Income Trust Company Profile ( Get Free Report ) Actively managing UK real estate looking for higher yield and capital growth See Also Receive News & Ratings for abrdn Property Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Property Income Trust and related companies with MarketBeat.com's FREE daily email newsletter .