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CIBC Asset Management Inc purchased a new stake in Virtu Financial, Inc. ( NASDAQ:VIRT – Free Report ) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 7,935 shares of the financial services provider’s stock, valued at approximately $242,000. Other large investors also recently modified their holdings of the company. USA Financial Formulas acquired a new position in Virtu Financial during the third quarter valued at approximately $33,000. International Assets Investment Management LLC acquired a new position in Virtu Financial in the 2nd quarter valued at approximately $39,000. Abich Financial Wealth Management LLC grew its position in shares of Virtu Financial by 55.3% in the 1st quarter. Abich Financial Wealth Management LLC now owns 2,193 shares of the financial services provider’s stock valued at $45,000 after buying an additional 781 shares during the last quarter. Innealta Capital LLC bought a new position in Virtu Financial during the 2nd quarter worth approximately $46,000. Finally, First Horizon Advisors Inc. raised its stake in Virtu Financial by 21.0% during the second quarter. First Horizon Advisors Inc. now owns 2,143 shares of the financial services provider’s stock worth $48,000 after buying an additional 372 shares during the last quarter. 45.78% of the stock is owned by institutional investors and hedge funds. Analyst Ratings Changes Several analysts have recently commented on the stock. Citigroup raised their price objective on shares of Virtu Financial from $32.00 to $37.00 and gave the stock a “buy” rating in a research report on Wednesday, October 9th. Bank of America cut their target price on Virtu Financial from $37.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, October 3rd. Morgan Stanley raised their price target on shares of Virtu Financial from $23.00 to $25.00 and gave the company an “equal weight” rating in a research report on Thursday, October 17th. Piper Sandler reaffirmed an “overweight” rating and issued a $35.00 price objective on shares of Virtu Financial in a research report on Thursday, October 24th. Finally, The Goldman Sachs Group lifted their target price on Virtu Financial from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Monday, September 30th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $29.50. Virtu Financial Trading Down 3.0 % NASDAQ:VIRT opened at $36.69 on Friday. Virtu Financial, Inc. has a 1 year low of $16.02 and a 1 year high of $38.09. The stock’s fifty day moving average price is $32.62 and its two-hundred day moving average price is $28.14. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.47 and a quick ratio of 0.47. The company has a market cap of $5.67 billion, a P/E ratio of 18.44, a P/E/G ratio of 0.58 and a beta of 0.38. Virtu Financial ( NASDAQ:VIRT – Get Free Report ) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.03. Virtu Financial had a net margin of 7.29% and a return on equity of 23.22%. The firm had revenue of $388.00 million for the quarter, compared to analysts’ expectations of $379.18 million. During the same quarter in the prior year, the firm posted $0.40 earnings per share. The business’s quarterly revenue was up 30.2% on a year-over-year basis. As a group, analysts expect that Virtu Financial, Inc. will post 2.71 EPS for the current year. Virtu Financial Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Sunday, December 15th. Investors of record on Sunday, December 1st will be paid a $0.24 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.96 dividend on an annualized basis and a yield of 2.62%. Virtu Financial’s dividend payout ratio is presently 48.24%. Virtu Financial Profile ( Free Report ) Virtu Financial, Inc operates as a financial services company in the United States, Asia Pacific, Canada, EMEA, Ireland, and internationally. The company operates through two segments, Market Making and Execution Services. Its product includes offerings in execution, liquidity sourcing, analytics and broker-neutral, capital markets, and multi-dealer platforms in workflow technology. Featured Articles Want to see what other hedge funds are holding VIRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Virtu Financial, Inc. ( NASDAQ:VIRT – Free Report ). Receive News & Ratings for Virtu Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtu Financial and related companies with MarketBeat.com's FREE daily email newsletter .Grid Studio, popular for framing iPhones, other Apple products, and gaming devices, has kicked off its Black Friday deals. has Grid frames, which offer high-quality options with a lot of nostalgia. For example, you can have , iPhone X, Apple Watch, Apple’s most famous iPhone chips, and more at home. What’s interesting about Grid Studio is its attention to detail. For iPhone models, the frame has a brief description of the product and highlights all of its prominent parts, such as sensors, the main board, cameras, the SIM tray, and more. Grid pays tribute to the original iPhone. While auctions of sealed iPhones cost thousands of dollars, this frame is available for $299 during the Black Friday: The iPhone 2G (1st generation), which went on sale 16 years ago on June 29, laid the foundation for the modern smartphone, forever changing the way we access the world’s information. From no app store to an App Store, iCloud, iTunes...It’s amazing how we’ve advanced over the years. Thanks, to Apple for revolutionizing and simplifying smartphone usage, the iPhone 2G is truly a legend, with respect to history and how Apple led the way. From November 26 to December 2, Grid Studio offers discounted prices on select items: Sign up for our exclusive daily deals list, sent every AM. By signing up, I agree to the and have reviewed the In addition, there’s a storewide discount of 20%, which doesn’t cover special frames. You need to redeem the code at checkout. With that discount, users can get Grid Studio frames with Apple pins, which are throwbacks to meaningful Apple products through almost 50 years of history, a Grid with ten years of Apple chips, and even standalone processors, such as the A7 for the iPhone 5S or the A10, which powered the iPad 6, iPad 7, iPhone 7, iPhone 7 Plus, and the iPod touch 7. You can learn more about , and keep checking for the latest deals on everything tech.Skobalj's 19 help UIC down La Salle 96-83
Khanewal leader commends Punjab govt’s sports facilities
NEW YORK (AP) — U.S. stocks rose to records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were they to take effect. The S&P 500 climbed 0.6% to top the all-time high it set a couple weeks ago. The Dow Jones Industrial Average added 123 points, or 0.3%, to its own record set the day before, while the Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way. Stock markets abroad mostly fell after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China once he takes office. But the movements were mostly modest. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada’s main index edged down by less than 0.1%. Trump has often praised the use of tariffs , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. The consequences otherwise for markets and the global economy could be painful. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. And unlike tariffs in Trump’s first term, his latest proposal would affect products across the board. General Motors sank 9%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.3%. The value of the Mexican peso fell 1.8% against the U.S. dollar. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support for the job market . While lower interest rates can boost the economy, they can also offer more fuel for inflation. “Many” officials at the Fed’s last meeting earlier this month said they should lower rates gradually, according to minutes of the meeting released Tuesday afternoon. The talk about tariffs overshadowed another mixed set of profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates imposed by the Fed to get inflation under control. A report on Tuesday from the Conference Board said confidence among U.S. consumers improved in November, but not by as much as economists expected. Kohl’s tumbled 17% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 4.9% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. Still, more stocks rose in the S&P 500 than fell. J.M. Smucker had one of the biggest gains and climbed 5.7% after topping analysts’ expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up U.S. indexes. Gains of 3.2% for Amazon and 2.2% for Microsoft were the two strongest forces lifting the S&P 500. All told, the S&P 500 rose 34.26 points to 6,021.63. The Dow gained 123.74 to 44,860.31, and the Nasdaq composite climbed 119.46 to 19,174.30. In the bond market, Treasury yields held relatively steady following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury inched up to 4.29% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $99,000 for the first time late last week. It’s since dipped back toward $91,000, according to CoinDesk. It’s a sharp turnaround from the bonanza that initially took over the crypto market following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed.YPSILANTI, Mich. (AP) — Rasheed Bello had 19 points in Purdue Fort Wayne's 99-76 victory against Eastern Michigan on Sunday. Bello also contributed eight assists for the Mastodons (8-4). Jalen Jackson scored 17 points while going 7 of 12 from the floor, including 2 for 5 from 3-point range, and 1 for 3 from the line. Corey Hadnot II had 17 points and shot 6 for 8, including 5 for 6 from beyond the arc. Jalen Terry led the Eagles (5-5) in scoring, finishing with 28 points. Jalin Billingsley added 16 points and nine rebounds for Eastern Michigan. Da'Sean Nelson had 10 points, six rebounds, four assists and two blocks. Purdue Fort Wayne took the lead with 18:46 left in the first half and did not relinquish it. The score was 48-34 at halftime, with Jackson racking up 14 points. Purdue Fort Wayne extended its lead to 56-34 during the second half, fueled by an 8-0 scoring run. Maximus Nelson scored a team-high 12 points in the second half as his team closed out the win. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

CIBC Asset Management Inc purchased a new stake in Virtu Financial, Inc. ( NASDAQ:VIRT – Free Report ) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 7,935 shares of the financial services provider’s stock, valued at approximately $242,000. Other large investors also recently modified their holdings of the company. USA Financial Formulas acquired a new position in Virtu Financial during the third quarter valued at approximately $33,000. International Assets Investment Management LLC acquired a new position in Virtu Financial in the 2nd quarter valued at approximately $39,000. Abich Financial Wealth Management LLC grew its position in shares of Virtu Financial by 55.3% in the 1st quarter. Abich Financial Wealth Management LLC now owns 2,193 shares of the financial services provider’s stock valued at $45,000 after buying an additional 781 shares during the last quarter. Innealta Capital LLC bought a new position in Virtu Financial during the 2nd quarter worth approximately $46,000. Finally, First Horizon Advisors Inc. raised its stake in Virtu Financial by 21.0% during the second quarter. First Horizon Advisors Inc. now owns 2,143 shares of the financial services provider’s stock worth $48,000 after buying an additional 372 shares during the last quarter. 45.78% of the stock is owned by institutional investors and hedge funds. Analyst Ratings Changes Several analysts have recently commented on the stock. Citigroup raised their price objective on shares of Virtu Financial from $32.00 to $37.00 and gave the stock a “buy” rating in a research report on Wednesday, October 9th. Bank of America cut their target price on Virtu Financial from $37.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, October 3rd. Morgan Stanley raised their price target on shares of Virtu Financial from $23.00 to $25.00 and gave the company an “equal weight” rating in a research report on Thursday, October 17th. Piper Sandler reaffirmed an “overweight” rating and issued a $35.00 price objective on shares of Virtu Financial in a research report on Thursday, October 24th. Finally, The Goldman Sachs Group lifted their target price on Virtu Financial from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Monday, September 30th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $29.50. Virtu Financial Trading Down 3.0 % NASDAQ:VIRT opened at $36.69 on Friday. Virtu Financial, Inc. has a 1 year low of $16.02 and a 1 year high of $38.09. The stock’s fifty day moving average price is $32.62 and its two-hundred day moving average price is $28.14. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.47 and a quick ratio of 0.47. The company has a market cap of $5.67 billion, a P/E ratio of 18.44, a P/E/G ratio of 0.58 and a beta of 0.38. Virtu Financial ( NASDAQ:VIRT – Get Free Report ) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.03. Virtu Financial had a net margin of 7.29% and a return on equity of 23.22%. The firm had revenue of $388.00 million for the quarter, compared to analysts’ expectations of $379.18 million. During the same quarter in the prior year, the firm posted $0.40 earnings per share. The business’s quarterly revenue was up 30.2% on a year-over-year basis. As a group, analysts expect that Virtu Financial, Inc. will post 2.71 EPS for the current year. Virtu Financial Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Sunday, December 15th. Investors of record on Sunday, December 1st will be paid a $0.24 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.96 dividend on an annualized basis and a yield of 2.62%. Virtu Financial’s dividend payout ratio is presently 48.24%. Virtu Financial Profile ( Free Report ) Virtu Financial, Inc operates as a financial services company in the United States, Asia Pacific, Canada, EMEA, Ireland, and internationally. The company operates through two segments, Market Making and Execution Services. Its product includes offerings in execution, liquidity sourcing, analytics and broker-neutral, capital markets, and multi-dealer platforms in workflow technology. Featured Articles Want to see what other hedge funds are holding VIRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Virtu Financial, Inc. ( NASDAQ:VIRT – Free Report ). Receive News & Ratings for Virtu Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtu Financial and related companies with MarketBeat.com's FREE daily email newsletter .Grid Studio, popular for framing iPhones, other Apple products, and gaming devices, has kicked off its Black Friday deals. has Grid frames, which offer high-quality options with a lot of nostalgia. For example, you can have , iPhone X, Apple Watch, Apple’s most famous iPhone chips, and more at home. What’s interesting about Grid Studio is its attention to detail. For iPhone models, the frame has a brief description of the product and highlights all of its prominent parts, such as sensors, the main board, cameras, the SIM tray, and more. Grid pays tribute to the original iPhone. While auctions of sealed iPhones cost thousands of dollars, this frame is available for $299 during the Black Friday: The iPhone 2G (1st generation), which went on sale 16 years ago on June 29, laid the foundation for the modern smartphone, forever changing the way we access the world’s information. From no app store to an App Store, iCloud, iTunes...It’s amazing how we’ve advanced over the years. Thanks, to Apple for revolutionizing and simplifying smartphone usage, the iPhone 2G is truly a legend, with respect to history and how Apple led the way. From November 26 to December 2, Grid Studio offers discounted prices on select items: Sign up for our exclusive daily deals list, sent every AM. By signing up, I agree to the and have reviewed the In addition, there’s a storewide discount of 20%, which doesn’t cover special frames. You need to redeem the code at checkout. With that discount, users can get Grid Studio frames with Apple pins, which are throwbacks to meaningful Apple products through almost 50 years of history, a Grid with ten years of Apple chips, and even standalone processors, such as the A7 for the iPhone 5S or the A10, which powered the iPad 6, iPad 7, iPhone 7, iPhone 7 Plus, and the iPod touch 7. You can learn more about , and keep checking for the latest deals on everything tech.Skobalj's 19 help UIC down La Salle 96-83
Khanewal leader commends Punjab govt’s sports facilities
NEW YORK (AP) — U.S. stocks rose to records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were they to take effect. The S&P 500 climbed 0.6% to top the all-time high it set a couple weeks ago. The Dow Jones Industrial Average added 123 points, or 0.3%, to its own record set the day before, while the Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way. Stock markets abroad mostly fell after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China once he takes office. But the movements were mostly modest. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada’s main index edged down by less than 0.1%. Trump has often praised the use of tariffs , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. The consequences otherwise for markets and the global economy could be painful. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. And unlike tariffs in Trump’s first term, his latest proposal would affect products across the board. General Motors sank 9%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.3%. The value of the Mexican peso fell 1.8% against the U.S. dollar. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support for the job market . While lower interest rates can boost the economy, they can also offer more fuel for inflation. “Many” officials at the Fed’s last meeting earlier this month said they should lower rates gradually, according to minutes of the meeting released Tuesday afternoon. The talk about tariffs overshadowed another mixed set of profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates imposed by the Fed to get inflation under control. A report on Tuesday from the Conference Board said confidence among U.S. consumers improved in November, but not by as much as economists expected. Kohl’s tumbled 17% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 4.9% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. Still, more stocks rose in the S&P 500 than fell. J.M. Smucker had one of the biggest gains and climbed 5.7% after topping analysts’ expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up U.S. indexes. Gains of 3.2% for Amazon and 2.2% for Microsoft were the two strongest forces lifting the S&P 500. All told, the S&P 500 rose 34.26 points to 6,021.63. The Dow gained 123.74 to 44,860.31, and the Nasdaq composite climbed 119.46 to 19,174.30. In the bond market, Treasury yields held relatively steady following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury inched up to 4.29% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $99,000 for the first time late last week. It’s since dipped back toward $91,000, according to CoinDesk. It’s a sharp turnaround from the bonanza that initially took over the crypto market following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed.YPSILANTI, Mich. (AP) — Rasheed Bello had 19 points in Purdue Fort Wayne's 99-76 victory against Eastern Michigan on Sunday. Bello also contributed eight assists for the Mastodons (8-4). Jalen Jackson scored 17 points while going 7 of 12 from the floor, including 2 for 5 from 3-point range, and 1 for 3 from the line. Corey Hadnot II had 17 points and shot 6 for 8, including 5 for 6 from beyond the arc. Jalen Terry led the Eagles (5-5) in scoring, finishing with 28 points. Jalin Billingsley added 16 points and nine rebounds for Eastern Michigan. Da'Sean Nelson had 10 points, six rebounds, four assists and two blocks. Purdue Fort Wayne took the lead with 18:46 left in the first half and did not relinquish it. The score was 48-34 at halftime, with Jackson racking up 14 points. Purdue Fort Wayne extended its lead to 56-34 during the second half, fueled by an 8-0 scoring run. Maximus Nelson scored a team-high 12 points in the second half as his team closed out the win. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .