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LOS ANGELES — The longest winning streak in college basketball has come to an end with No. 6 UCLA taking down defending champion and No. 1 South Carolina in convincing fashion, 77-62 . For the past two seasons, Dawn Staley’s team has taken care of any team that crossed its path with a program-record 43 consecutive wins, with only four games being single-digit victories. But on Sunday afternoon inside Pauley Pavilion, the Gamecocks didn’t look anything like the most dominant team in the game. The Bruins were in control from start to finish, grabbing the first points of the game and holding onto a lead it never relinquished. UCLA started the contest on a 15-2 run and the lead was in double-digits for nearly the entire game. The Bruins led by 21 points at halftime and the closest South Carolina was able to get to in the second half was 15 points in the final minute. The win represents the program's first against a No. 1-ranked team. Staley said prior to Sunday’s contest she knew UCLA center Lauren Betts presented a big challenge. A likely first-round pick in the 2025 WNBA draft should she declare, Betts controlled the paint and made the Gamecocks earn anything they could get near the bucket. The Gamecocks shot a low 36.4% percentage (24-for-66) from the field while the Bruins made 47.5% (28-for-59) of their buckets. South Carolina had no alternative but to shoot from the perimeter, and it was very successful with a 8-for-11 mark from 3-point line. The only problem was the Bruins were able to match it with 10 made 3-pointers on 21 attempts. Anytime South Carolina appeared to be establishing any sort of rhythm, the Bruins would come right down the court and halt it to send the crowd into a frenzy. The result will be the latest to shake up the top 10 in women’s basketball, with the Bruins victory coming one day after No. 5 Notre Dame went into Los Angeles and took down No. 3 Southern California. It’s still the first month of the regular season, but Cori Close’s team now has a signature victory, something the Bruins have been looking for quite some time and will be a big boost for a team that is hunting to get to its first Final Four since the NCAA sponsored the game. Sunday also marked the first time South Carolina had lost a November game since 2019. The USA TODAY app gets you to the heart of the news fast. Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more .AP News Summary at 4:47 p.m. EST
Pune: In four separate incidents, two elderly men, a housewife, and an IT manager working with a private company, collectively lost Rs45 lakh in online share trading frauds. The complaints were registered with the Wagholi and Wanowrie police on Sunday. The IT manager (54) working with a Pune-based prominent private company, lost Rs15.84 lakh in online share trading fraud between June and July this year. In her complaint with the Wagholi police , she stated that the crooks added her to a group of investors on a mobile messenger app. They promised her good returns on her investments in the shares through them. They took money from her to different bank accounts and duped her. In another case, a housewife (26) from Wagholi similarly lost Rs10.3 lakh to cyber crooks between April and June. The woman filed a complaint application with the cyber police. After the preliminary investigations, a case was registered with the Wagholi police on Sunday. A 63-year-old resident of Khandvenagar in Wagholi was duped by the cyber crooks of Rs10 lakh between Nov 18 and 29 last month on the promise good returns on his investments in the stock market. The victim lodged a complaint with the Wagholi police on Sunday. In the fourth case registered with the Wanowrie police on Sunday, a 34-year-old resident of Pawar Vasti in Lohegaon lost Rs9 lakh to the cyber crooks in the online share trading fraud. The crooks told the victim to download an app to monitor his investments. They took money from him to different bank accounts through NEFT on April 24 and duped him. Pune: In four separate incidents, two elderly men, a housewife, and an IT manager working with a private company, collectively lost Rs45 lakh in online share trading frauds. The complaints were registered with the Wagholi and Wanowrie police on Sunday. The IT manager (54) working with a Pune-based prominent private company, lost Rs15.84 lakh in online share trading fraud between June and July this year. In her complaint with the Wagholi police , she stated that the crooks added her to a group of investors on a mobile messenger app. They promised her good returns on her investments in the shares through them. They took money from her to different bank accounts and duped her. In another case, a housewife (26) from Wagholi similarly lost Rs10.3 lakh to cyber crooks between April and June. The woman filed a complaint application with the cyber police. After the preliminary investigations, a case was registered with the Wagholi police on Sunday. A 63-year-old resident of Khandvenagar in Wagholi was duped by the cyber crooks of Rs10 lakh between Nov 18 and 29 last month on the promise good returns on his investments in the stock market. The victim lodged a complaint with the Wagholi police on Sunday. In the fourth case registered with the Wanowrie police on Sunday, a 34-year-old resident of Pawar Vasti in Lohegaon lost Rs9 lakh to the cyber crooks in the online share trading fraud. The crooks told the victim to download an app to monitor his investments. They took money from him to different bank accounts through NEFT on April 24 and duped him. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword . Spread love this holiday season with these Christmas wishes , messages , and quotes.
B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Benchmark Electronics, Inc. ( NYSE:BHE – Free Report ) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 21,321 shares of the technology company’s stock, valued at approximately $945,000. Other institutional investors also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its holdings in Benchmark Electronics by 65.7% in the 2nd quarter. UMB Bank n.a. now owns 686 shares of the technology company’s stock valued at $27,000 after purchasing an additional 272 shares in the last quarter. Quest Partners LLC purchased a new stake in Benchmark Electronics in the 2nd quarter valued at approximately $41,000. CWM LLC boosted its holdings in Benchmark Electronics by 81.9% in the 2nd quarter. CWM LLC now owns 1,106 shares of the technology company’s stock valued at $44,000 after purchasing an additional 498 shares in the last quarter. Quarry LP boosted its holdings in Benchmark Electronics by 172.5% in the 2nd quarter. Quarry LP now owns 1,379 shares of the technology company’s stock valued at $54,000 after purchasing an additional 873 shares in the last quarter. Finally, Innealta Capital LLC purchased a new stake in shares of Benchmark Electronics during the 2nd quarter worth approximately $61,000. Hedge funds and other institutional investors own 92.29% of the company’s stock. Benchmark Electronics Price Performance BHE stock opened at $48.17 on Friday. Benchmark Electronics, Inc. has a 1 year low of $24.75 and a 1 year high of $52.57. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.45 and a current ratio of 2.36. The stock’s 50 day moving average price is $45.32 and its 200 day moving average price is $42.61. The firm has a market cap of $1.73 billion, a P/E ratio of 28.01 and a beta of 0.97. Benchmark Electronics Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Monday, September 30th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date was Monday, September 30th. This is a positive change from Benchmark Electronics’s previous quarterly dividend of $0.17. Benchmark Electronics’s dividend payout ratio is currently 39.53%. Wall Street Analyst Weigh In BHE has been the topic of a number of research reports. Needham & Company LLC upped their price target on Benchmark Electronics from $45.00 to $48.00 and gave the stock a “buy” rating in a report on Friday, November 1st. StockNews.com cut Benchmark Electronics from a “buy” rating to a “hold” rating in a report on Monday, November 18th. Finally, Lake Street Capital upped their price target on Benchmark Electronics from $35.00 to $46.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $42.33. View Our Latest Report on Benchmark Electronics Insiders Place Their Bets In other Benchmark Electronics news, Director Jeffrey Stephen Mccreary sold 7,073 shares of the stock in a transaction on Monday, August 26th. The stock was sold at an average price of $42.70, for a total transaction of $302,017.10. Following the transaction, the director now owns 42,027 shares of the company’s stock, valued at $1,794,552.90. This represents a 14.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link . Also, CEO Jeff Benck sold 24,000 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $45.90, for a total value of $1,101,600.00. Following the completion of the transaction, the chief executive officer now directly owns 424,173 shares in the company, valued at $19,469,540.70. This trade represents a 5.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 37,073 shares of company stock valued at $1,685,497 in the last quarter. 2.10% of the stock is currently owned by company insiders. Benchmark Electronics Profile ( Free Report ) Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services. Recommended Stories Want to see what other hedge funds are holding BHE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Benchmark Electronics, Inc. ( NYSE:BHE – Free Report ). Receive News & Ratings for Benchmark Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Benchmark Electronics and related companies with MarketBeat.com's FREE daily email newsletter .HARRISBURG — The state of Pennsylvania’s updated guidelines for teacher preparation and professional development has toned down its focus on racial biases that were implemented in 2022. New teachers in the state will receive the principles in education preparation programs. The state’s Department of Education announced the changes last week, introducing the Common Ground Framework, which replaces the Culturally-Relevant and Sustaining Education Framework. The new framework is less emphatic when it comes to racial bias and no longer mentions microaggressions. The Common Ground framework includes three categories of competencies for teachers: cultural awareness, trauma-aware mental health and wellness and, finally, technological and virtual engagement. Education Secretary Khalid N. Mumin said in an email announcing the changes that the framework adopted in 2022 had been replaced. The email also explained the function of the guidelines for current and future teachers. “Common Ground principles are not directly applicable to student conduct or locally adopted curriculum,” Mumin said. “Rather, Common Ground principles are intended to inform current and future teachers in their knowledge and ability to serve all students, including learners from varying socio-economic backgrounds and those with different abilities, in an effort to create an inclusive learning environment for all students.” The principles are intended to “create an inclusive learning environment for all students” according to a webpage on the Common Ground Framework program guidelines. “Common Ground is designed to help educators to better understand and relate to students experiencing homelessness and food insecurity, military-connected students and their families, students who have experienced trauma, students with disabilities or special needs, children of migratory seasonal farm workers, and more,” the webpage reads. The webpage says the iteration provides “updated guidance.” The previous version of the program included a stronger focus on racial biases, including starting with the premise that educational institutions are biased. The 2022 list of competencies says professional educators “know and acknowledge that biases exist in the educational system” and “identify literature and professional learning opportunities for themselves to understand more about the manifestations of racism and other biases at institutional and structural levels that can result in disadvantaging some groups of learners, educators, educational leaders, and families while privileging others.” In the updated competencies, the state says educators should “identify possible cultural biases in the educational system” and “identify literature and professional learning opportunities to understand the biases that can result in disadvantaging learners, educators, educational leaders, and families.” The webpage for Common Ground says it “provides guidance to help educators handle issues related to mental wellness, trauma informed approaches to instruction, engagement with technological and virtual strategies, and myriad other factors that can inhibit student success in the classroom if unaddressed.” The new technology focused competencies say teachers will “plan for and implement digital devices and resources in the teaching process to enhance the effectiveness of teaching, learning, and interventions” and “experiment with and develop new formats and pedagogical methods for instruction.” Teaching programs must show the state they have implemented the Common Ground principles teacher preparation programs by Aug. 31 2025, for the Cultural Awareness competencies and Aug. 31 2026, for the technology and mental health competencies.
Houthis 'Shoot' U.S. F-18 Jet, 'Force Warship USS Truman To Back-pedal' In Red Sea | WatchBOULDER, Colo. — A 72-year-old lifelong Colorado fan with end-stage kidney failure waited to the side of the field in his wheelchair for Travis Hunter and the rest of the Buffaloes. One by one, players strolled over and signed a football for Riley Rhoades, his face lighting up with each signature. Standing close by and taking in the scene was Jeremy Bloom. He's become a wish facilitator for older adults. Bloom, the former Colorado wide receiver and Olympic freestyle skier, started the Wish of a Lifetime foundation in 2008, which has made thousands of aspirations turn into reality for older adults. The list of granted wishes range from taking veterans back to the beaches of Normandy to helping late-in-life authors publish a book. He's staged concerts for musicians, assisted some in daredevil feats such as jumping out of an airplane and even lined up a meeting between an Olympic medalist and former President Barack Obama. For Rhoades, his wish was simply to return to Folsom Field again, the place where he used to have season tickets but hasn't attended a game since 2004. "Everybody has somebody in their life —a grandparent, friend, neighbor — at that age where you wish you had more resources to help," said Bloom, whose college career was cut short two decades ago when the NCAA denied his reinstatement to play football and still ski professionally after receiving endorsement money to fuel his Olympic dreams. "Nothing can compare to seeing someone else's eyes light up because you helped make their dream come true." The foundation is a tribute to his grandparents. But the concept began to take root when he was a teenager. He was in Japan for a World Cup freestyle skiing competition when a woman tried to hop on a crowded bus. There was no room, but everyone in front rose from their seats to make space. That stuck with him, along with seeing these acts of kindness for older adults all over Europe and Asia as he traveled. An idea formed — bring that same level of appreciation to the United States, with a wish-granting element. Bloom's organization has been a charitable affiliate of AARP since 2020. It was the yearning of Rhoades that brought the two of them to Folsom Field last weekend. Rhoades, who had season tickets at Colorado for 27 years, wanted to see the Buffaloes in person after watching the team's resurgence on television. A few years ago, Rhoades, who was born with spina bifida, was diagnosed with end-stage renal failure. Being among the 54,646 fans Saturday stirred up plenty of emotions for Rhoades, as he watched the 16th-ranked Buffaloes (8-2, 6-1 Big 12, No. 16 CFP) beat Utah. Colorado remains in the race for not only a conference title but a spot in the College Football Playoff. "It's just great to be back here again," Rhoades said as he pointed out the section where he used to watch games. "It's just ... so cool." For Bloom, the success that coach Deion Sanders has brought to the program means more reunions with teammates as they pass through town. "I've been through many years where nobody comes to visit," Bloom said. "It's fun that Boulder has become the epicenter of college football." Leading the way for Colorado this season have been quarterback Shedeur Sanders and two-way star Hunter, who's the Heisman Trophy frontrunner. But what particularly pleases Bloom is that Sanders, Hunter and the rest of college football players are able to finally profit through name, image and likeness. In his day, Bloom got caught in the NCAA crosshairs for wanting to play both sports and to have sponsors in one (skiing) so he could fund his Olympic aspirations. How time have changed. "I'm just really grateful that this generation of athletes gets to monetize their skills and ability," said Bloom, who finished sixth in moguls at the 2006 Winter Games in Italy. "It's the right thing." He's thrown his passion into fulfilling wishes such as learning ballet, riding in a Formula 1 pace car or taking a flight in a fighter jet. He's also helped reconnect families and friends, including a reunion for a trio of centenarian sisters who hadn't seen each other in more than a decade. This granted wish has stuck with Bloom: A person in Alabama wasn't able to travel after being diagnosed with end-of-life emphysema. So he asked for postcards to be sent, just to learn what made someone's town so special. He received 2,000 postcards from 26 different countries. "There's no end to the things that they've done for us in the world," Bloom said of older adults. "We're one of the organizations that reminds them that their dreams still do matter and that we still appreciate them and we cherish them." Get local news delivered to your inbox!
Banque Cantonale Vaudoise decreased its stake in shares of Daqo New Energy Corp. ( NYSE:DQ – Free Report ) by 56.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,364 shares of the semiconductor company’s stock after selling 1,800 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Daqo New Energy were worth $28,000 at the end of the most recent quarter. Several other institutional investors also recently bought and sold shares of DQ. Signaturefd LLC increased its stake in Daqo New Energy by 27.3% in the 3rd quarter. Signaturefd LLC now owns 2,809 shares of the semiconductor company’s stock worth $57,000 after acquiring an additional 602 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Daqo New Energy by 4.3% in the third quarter. Van ECK Associates Corp now owns 18,657 shares of the semiconductor company’s stock valued at $415,000 after purchasing an additional 764 shares in the last quarter. Rhumbline Advisers increased its position in Daqo New Energy by 22.2% in the second quarter. Rhumbline Advisers now owns 8,104 shares of the semiconductor company’s stock worth $118,000 after purchasing an additional 1,470 shares during the last quarter. Shell Asset Management Co. raised its stake in Daqo New Energy by 20.6% during the first quarter. Shell Asset Management Co. now owns 10,734 shares of the semiconductor company’s stock valued at $302,000 after purchasing an additional 1,834 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in Daqo New Energy by 12,187.5% during the second quarter. Blue Trust Inc. now owns 1,966 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 1,950 shares during the last quarter. 47.22% of the stock is owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In A number of research firms have recently weighed in on DQ. StockNews.com upgraded shares of Daqo New Energy to a “sell” rating in a report on Monday, September 23rd. Jefferies Financial Group decreased their price objective on Daqo New Energy from $38.40 to $34.05 and set a “buy” rating on the stock in a research report on Monday, August 26th. Daiwa America raised Daqo New Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. Roth Mkm decreased their price target on Daqo New Energy from $23.00 to $15.00 and set a “neutral” rating on the stock in a report on Wednesday, August 28th. Finally, HSBC raised shares of Daqo New Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Daqo New Energy has an average rating of “Buy” and a consensus target price of $22.26. Daqo New Energy Stock Down 2.1 % Shares of Daqo New Energy stock opened at $18.80 on Friday. The stock’s fifty day moving average is $20.49 and its two-hundred day moving average is $18.41. Daqo New Energy Corp. has a 52 week low of $13.62 and a 52 week high of $30.85. The company has a market capitalization of $1.24 billion, a PE ratio of -10.16 and a beta of 0.32. Daqo New Energy ( NYSE:DQ – Get Free Report ) last announced its quarterly earnings data on Wednesday, October 30th. The semiconductor company reported ($0.92) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.80) by ($0.12). The company had revenue of $198.50 million for the quarter, compared to the consensus estimate of $186.90 million. Daqo New Energy had a negative net margin of 9.16% and a negative return on equity of 1.90%. During the same quarter in the previous year, the business earned ($0.09) EPS. As a group, research analysts anticipate that Daqo New Energy Corp. will post -3.5 earnings per share for the current year. Daqo New Energy Company Profile ( Free Report ) Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. See Also Receive News & Ratings for Daqo New Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daqo New Energy and related companies with MarketBeat.com's FREE daily email newsletter .COLUMBIA, South Carolina (AP) — Victims' families and others affected by crimes that resulted in federal death row convictions shared a range of emotions on Monday, from relief to anger, after President Joe Biden commuted dozens of the sentences . Biden converted the sentences of 37 federal death row inmates to life imprisonment without the possibility of parole. The inmates include people who were convicted in the slayings of police, military officers and federal prisoners and guards. Others were involved in deadly robberies and drug deals. Three inmates will remain on federal death row: Dylann Roof , convicted of the 2015 racist slayings of nine Black members of Mother Emanuel AME Church in Charleston, South Carolina; the 2013 Boston Marathon Bomber, Dzhokhar Tsarnaev ; and Robert Bowers, who fatally shot 11 congregants at Pittsburgh’s Tree of life Synagogue in 2018 , the deadliest antisemitic attack in U.S history. Opponents of the death penalty lauded Biden for a decision they'd long sought. Supporters of Donald Trump , a vocal advocate of expanding capital punishment, criticized the move as an assault to common decency just weeks before the president-elect takes office. Donnie Oliverio, a retired Ohio police officer whose partner was killed by one of the men whose death sentence was commuted, said the execution of “the person who killed my police partner and best friend would have brought me no peace.” “The president has done what is right here,” Oliverio said in a statement also issued by the White House, “and what is consistent with the faith he and I share.” Heather Turner, whose mother, Donna Major, was killed in a bank robbery in South Carolina in 2017, called Biden's commutation of the killer's sentence a “clear gross abuse of power” in a Facebook post, adding that the weeks she spent sitting in court with the hope of justice were now “just a waste of time.” “At no point did the president consider the victims,” Turner wrote. “He, and his supporters, have blood on their hands.” There has always been a broad range of opinions on what punishment Roof should face from the families of the nine people killed and the survivors of the massacre at the Mother Emanuel AME Church. Many forgave him, but they can’t forget and their forgiveness doesn’t mean they don’t want to see him put to death for what he did. Felicia Sanders survived the shooting shielding her granddaughter while watching Roof kill her son, Tywanza, and her aunt, Susie Jackson. Sanders brought her bullet-torn bloodstained Bible to his sentencing and said then she can’t even close her eyes to pray because Roof started firing during the closing prayer of Bible study that night. In a text message to her lawyer, Andy Savage, Sanders called Biden’s decision to not spare Roof’s life a wonderful Christmas gift. Michael Graham, whose sister, Cynthia Hurd, was killed, told The Associated Press that Roof’s lack of remorse and simmering white nationalism in the country means he is the kind of dangerous and evil person the death penalty is intended for. “This was a crime against a race of people," Graham said. “It didn’t matter who was there, only that they were Black.” But the Rev. Sharon Richer, who was Tywanza Sanders’ cousin and whose mother, Ethel Lance, was killed, criticized Biden for not sparing Roof and clearing out all of death row. She said every time Roof’s case comes up through numerous appeals it is like reliving the massacre all over again. “I need the President to understand that when you put a killer on death row, you also put their victims' families in limbo with the false promise that we must wait until there is an execution before we can begin to heal,” Richer said in a statement. Richer, a board member of Death Penalty Action, which seeks to abolish capital punishment, was driven to tears by conflicting emotions during a Zoom news conference Monday. “The families are left to be hostages for the years and years of appeals that are to come,” Richer said. “I’ve got to stay away from the news today. I’ve got to turn the TV off — because whose face am I going to see?” Biden is giving more attention to the three inmates he chose not to spare, something they all wanted as a part of what drove them to kill, said Abraham Bonowitz, Death Penalty Action’s executive director. “These three racists and terrorists who have been left on death row came to their crimes from political motivations. When Donald Trump gets to execute them what will really be happening is they will be given a global platform for their agenda of hatred,” Bonowitz said. Two of the men whose sentences were commuted were Norris Holder and Billie Jerome Allen, on death row for opening fire with assault rifles during a 1997 bank robbery in St. Louis, killing a guard, 46-year-old Richard Heflin. Holder’s attorney, Madeline Cohen, said in an email that Holder was sentenced to death by an all-white jury. She said his case “reflects many of the system’s flaws,” and thanked Biden for commuting his sentence. “Norris’ case exemplifies the racial bias and arbitrariness that led the President to commute federal death sentences,” Cohen said. “Norris has always been deeply remorseful for the pain his actions caused, and we hope this decision brings some measure of closure to Richard Heflin’s family.” Swenson reported from Seattle. Associated Press writer Jim Salter in O'Fallon, Missouri, contributed to this report.Will Kamala Harris run for California governor in 2026? The question is already swirling
Ukraine Studies Debris From New Russian Ballistic Missile
B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Benchmark Electronics, Inc. ( NYSE:BHE – Free Report ) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 21,321 shares of the technology company’s stock, valued at approximately $945,000. Other institutional investors also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its holdings in Benchmark Electronics by 65.7% in the 2nd quarter. UMB Bank n.a. now owns 686 shares of the technology company’s stock valued at $27,000 after purchasing an additional 272 shares in the last quarter. Quest Partners LLC purchased a new stake in Benchmark Electronics in the 2nd quarter valued at approximately $41,000. CWM LLC boosted its holdings in Benchmark Electronics by 81.9% in the 2nd quarter. CWM LLC now owns 1,106 shares of the technology company’s stock valued at $44,000 after purchasing an additional 498 shares in the last quarter. Quarry LP boosted its holdings in Benchmark Electronics by 172.5% in the 2nd quarter. Quarry LP now owns 1,379 shares of the technology company’s stock valued at $54,000 after purchasing an additional 873 shares in the last quarter. Finally, Innealta Capital LLC purchased a new stake in shares of Benchmark Electronics during the 2nd quarter worth approximately $61,000. Hedge funds and other institutional investors own 92.29% of the company’s stock. Benchmark Electronics Price Performance BHE stock opened at $48.17 on Friday. Benchmark Electronics, Inc. has a 1 year low of $24.75 and a 1 year high of $52.57. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.45 and a current ratio of 2.36. The stock’s 50 day moving average price is $45.32 and its 200 day moving average price is $42.61. The firm has a market cap of $1.73 billion, a P/E ratio of 28.01 and a beta of 0.97. Benchmark Electronics Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Monday, September 30th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date was Monday, September 30th. This is a positive change from Benchmark Electronics’s previous quarterly dividend of $0.17. Benchmark Electronics’s dividend payout ratio is currently 39.53%. Wall Street Analyst Weigh In BHE has been the topic of a number of research reports. Needham & Company LLC upped their price target on Benchmark Electronics from $45.00 to $48.00 and gave the stock a “buy” rating in a report on Friday, November 1st. StockNews.com cut Benchmark Electronics from a “buy” rating to a “hold” rating in a report on Monday, November 18th. Finally, Lake Street Capital upped their price target on Benchmark Electronics from $35.00 to $46.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $42.33. View Our Latest Report on Benchmark Electronics Insiders Place Their Bets In other Benchmark Electronics news, Director Jeffrey Stephen Mccreary sold 7,073 shares of the stock in a transaction on Monday, August 26th. The stock was sold at an average price of $42.70, for a total transaction of $302,017.10. Following the transaction, the director now owns 42,027 shares of the company’s stock, valued at $1,794,552.90. This represents a 14.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link . Also, CEO Jeff Benck sold 24,000 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $45.90, for a total value of $1,101,600.00. Following the completion of the transaction, the chief executive officer now directly owns 424,173 shares in the company, valued at $19,469,540.70. This trade represents a 5.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 37,073 shares of company stock valued at $1,685,497 in the last quarter. 2.10% of the stock is currently owned by company insiders. Benchmark Electronics Profile ( Free Report ) Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services. Recommended Stories Want to see what other hedge funds are holding BHE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Benchmark Electronics, Inc. ( NYSE:BHE – Free Report ). Receive News & Ratings for Benchmark Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Benchmark Electronics and related companies with MarketBeat.com's FREE daily email newsletter .
Aziz Shamuratov Listen below or on the go on Apple Podcasts and Spotify The department store chain accepts at $6.5B buyout offer. (0:16) The Container Store files for Chapter 11 . (1:15) U.K. looks to facial recognition to limit social media use. (4:46) This is an abridged transcript of the podcast. Our top story so far. Department store chain Nordstrom ( NYSE: JWN ) has accepted a $6.25 billion all-cash buyout offer to end its 53-year run as a publicly traded company. Operators signed a deal with Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. ( OTCPK:ELPQF ). Following the close of the transaction, the Nordstrom family will have a majority ownership stake in the company. Common shareholders will receive $24.25 per share. In addition, the board intends to authorize a special dividend of up to $0.25 per share immediately before and contingent on the close of the transaction. Nordstrom first went public in August 1971. At that time, it offered shares under the name "Nordstrom Best" and was recognized as the West Coast's largest volume fashion specialty store shortly thereafter, with annual sales surpassing $100 million by 1973. The company then formally changed its name to Nordstrom, Inc. Shares of the retailer peaked in 2015. In addition, the Container Store Group ( OTC:TCSG ) filed for Chapter 11 after 46 years in business. The company plans to implement a recapitalization transaction to bolster its financial position, fuel growth initiatives, and drive enhanced long-term profitability. CEO Satish Malthora said, "The Container Store is here to stay. Our strategy is sound, and we believe the steps we are taking today will allow us to continue to advance our business, deepen customer relationships, expand our reach, and strengthen our capabilities." Looking to the economy, November durable goods orders (moved a day earlier due to the shortened trading day on Christmas Eve) sank more than expected. New orders of durable goods fell -1.1% M/M , reversing from a 0.8% increase in October, which was revised up from 0.2%. The forecast was for a drop of -0.3%. Core durable goods, which excludes transportation, saw orders tick down -0.1% vs. a 0.2% rise in October and a +0.3% rise expected. Nondefense new orders for capital goods dipped 0.3% during the month. Pantheon Macroeconomist Samuel Tombs notes: “A slump in aircraft orders was responsible for nearly all the drop in headline durable goods orders. In addition, orders ex-transportation were held back by a 12% decline in defense orders.” “The somewhat better performance of orders compared to shipments in November might reflect businesses starting to place orders for delivery in a few months time, in order to lock in prices ahead of potential import tariffs.” In addition, the Conference Board’s measure of consumer confidence unexpectedly fell to 104.7 in December from 112.8 in November. Economists predicted a small rise to 113 with a change in the White House ahead. But the Expectation Index sank 12.6 points to 81.1 points, just above the threshold of 80 that usually signals a recession ahead. The Present Situation Index fell by 1.2 points to 140.2, and Tombs said: “Households have become more downbeat on future business and employment conditions, as well as income expectations. The cutoff for the survey was December 16, before the FOMC meeting and the associated drop in stock prices, so we think the deterioration likely reflects the incoming administration starting to talk about spending cuts, which were not part of Mr. Trump's election pitch.” Among active stocks today, the fact that a federal jury ruled in favor of Qualcomm ( QCOM ) on two of three counts in its lawsuit with Arm Holdings ( ARM ) is seen as a "clear win" for the San Diego-based chipmaker. Bernstein analyst Stacy Rasgon says, "At this point Qualcomm’s roadmap (and their license?) appear safe." Perhaps most importantly, the third question that the jury decided on — whether Qualcomm's CPUs that use designs from Nuvia are licensed under Qualcomm's Arm architectural license — was a big decisive victory, Rasgon added. Xerox ( XRX ) said it will acquire Lexmark International from Ninestar , PAG Asia Capital and Shanghai Shouda Investment Centre in a $1.5 billion deal. The deal is expected to be immediately accretive to earnings per share and free cash flow. And ResMed ( RMD ) and Inspire Medical Systems ( INSP ), two companies reliant on sleep apnea devices, are under pressure after Eli Lilly's ( LLY ) Zepbound gained an additional indication for sleep apnea in obese individuals . ResMed is a top manufacturer of CPAP machines, considered the gold standard treatment for sleep apnea. Inspire makes a neurostimulation implant for sleep apnea. In other news of note, social media companies will be expected to remove millions of underage users from their platforms using facial recognition age checks, according to John Higham, head of online safety policy at the U.K.'s communications watchdog Ofcom. Apps like Meta's ( META ) Facebook, Instagram, TikTok ( BDNCE ), and Snapchat ( SNAP ) could face multi-billion-pound fines under the Online Safety Act if they fail to protect children from harmful content online. According to Ofcom estimates, around 60% of children aged 8-11 years - about 1.6M kids - in the U.K. have social media accounts despite the apps having a minimum 13-year age limit. And a third of children aged 5-7 are reportedly using social media unsupervised. Higham said in a newspaper interview: "It doesn't take a genius to work out that children are going to lie about their age," adding that Ofcom will announce plans next month detailing how apps would be expected to handle the issue. "The sort of thing we might look to is some facial age estimation technology that we see companies bringing in now, which we think is really pretty good at determining who is a child. We will expect the technology to be highly accurate and effective," he said. And in the Wall Street Research Corner, Goldman’s equity team introduced a model to pick industries that are poised to outperform an equal-weighted index by 5 percentage points or more “to identify ‘high conviction’ views with significant alpha potential.” Strategist David Kostin says: “Our model incorporates macro, fundamental, and valuation data as independent variables. We run the profit model for each sector separately and only include variables with statistical and economic significance. Our model does not capture fiscal policy changes or secular themes such as artificial intelligence.” The model's highest-conviction picks are in materials and in software and services, while it also currently recommends Overweights in health care, utilities and real estate. “Our model recommends a large number of defensive Overweights in part because of the level of economic growth optimism already priced into the equity market today,” Kostin said. Among the value stock picks in those sectors are Akamai ( AKAM ) and IBM ( IBM ) in software, Mosaic ( MOS ) and Eastman Chemical ( EMN ) in Materials, NRG Energy ( NRG ) and ConEd ( ED ) in Utilities and Biogen ( BIIB ) in Healthcare. Growth names include Palantir ( PLTR ) and ServiceNow ( NOW ) in software, FreeportMcMoRan (FRE) in Materials, Realty Icome ( O ) in Real Estate and Merck ( MRK ) and Lilly ( LLY ) in Healthcare. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.
(From left) Wee, Mohamad Razi and Ko join the participants in a Zumba session before the flag off. KUCHING (Nov 25): More than 1,000 people took part in the Silent Run 4.0 Kuching Edition yesterday morning in support of athletes with hearing disability. They were flagged off by Deputy Minister for Women, Childhood and Community Wellbeing Development Datuk Mohamad Razi Sitam at the Kuching South City Council (MBKS) compound in Jalan Padungan. The run, divided into the 3km and 5km categories, was organised to heighten public awareness of deaf athletes and also raise funds for Sarawak Deaf Sports Association (SSDeaf) to send athletes to competitions. The Sibu and Miri editions of Silent Run 4.0 were held on May 5 and Sept 8 this year, respectively. In his brief speech, Mohamad Razi urged everyone to support SSDeaf’s efforts to raise funds to help finance deaf athletes competing in deaf sports at national and international levels. “I understand that this charity run was also held in Sibu and Miri before the Kuching edition today, with all three editions attracting a total participation of more than 2,000,” he said. Also present were Kuching South Mayor Datuk Wee Hong Seng, SSDeaf president Ko Ming Liang, and event organising chairman Hii Lik Nyuong. In his speech, Ko thanked all parties who made this charity run a success, saying all funds collected would be used to finance deaf athletes competing in sports events. He also said for next year, Kuching will host the Malaysian Deaf Games and hoped that the public would support the event.
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