"I grew up watching EastEnders with my mum - and sitting on the sofa with her afterwards and talking about it are some of the clearest memories of my childhood," Thorne says, explaining that he would often use plot lines from the show to talk to his mum about what he was "going through" in a way that felt safe.
"I grew up watching EastEnders with my mum - and sitting on the sofa with her afterwards and talking about it are some of the clearest memories of my childhood," Thorne says, explaining that he would often use plot lines from the show to talk to his mum about what he was "going through" in a way that felt safe.
Elliott Investment Management said it continues to oppose the Toyota group’s proposal to buy out Toyota Industries Corp. at a ¥6.1 trillion ($39 billion) valuation, keeping up pressure on one of Japan’s most influential business groups after it refused to raise a tender offer. The US activist investor, which held a 6.7% stake in Toyota Industries as of Jan. 15, said it maintains its position that ...
Elliott Investment Management said it continues to oppose the Toyota group’s proposal to buy out Toyota Industries Corp. at a ¥6.1 trillion ($39 billion) valuation, keeping up pressure on one of Japan’s most influential business groups after it refused to raise a tender offer. The US activist investor, which held a 6.7% stake in Toyota Industries as of Jan. 15, said it maintains its position that the ¥18,800 per share revised tender offer “very significantly undervalues” the company. Elliott is ramping up its opposition as it looks to undermine what could be one of the largest buyout deals on record. The transaction would see Toyota Industries — a maker of looms and forklifts that fathered Toyota Motor Corp. — delisted and solidify the founding family’s grip on Japan’s largest business group. Toyota Asset Preparatory, an entity formed to take control of Toyota Industries, said on Monday that the current offer was the “best possible price reflecting the intrinsic value” of the company. Elliott has been approaching other shareholders and already made repeated calls to persuade investors to resist the Toyota group’s offer. The investment firm has released a presentation outlining its opposition, saying Toyota Industries is worth at least ¥26,000 a share, and could be closer to ¥40,000 by 2028 if it focused on unwinding cross-shareholdings, consolidating, improving capital allocation and implementing governance reforms. “Elliott does not intend to tender its shares into the Revised TOB at the current terms and strongly encourages other shareholders not to tender,” the firm said in its latest statement. Elliott Stands a Chance at Foiling Controversial Toyota Deal Why the Buyout of Toyota Industries Faces Resistance: QuickTake Elliott Opposes Toyota Group Bid, Proposes Standalone Plan Shares of Toyota Industries fell 2.2% on Tuesday morning in Tokyo, but at ¥19,370 they still trade above the buyout offer price. The company is scheduled to report its quarterly results Tues...
However, geology experts for the defence argued it was unlikely the soil came from the ditch where she was found, despite not being able to say exactly where it was from.
However, geology experts for the defence argued it was unlikely the soil came from the ditch where she was found, despite not being able to say exactly where it was from.
BBC Multiple papers lead with UK police reviewing reports of alleged misconduct in a public office after Lord Mandelson was accused of passing on sensitive government information to convicted sex offender Jeffrey Epstein. The accusations relate to conversations uncovered in the most recent batch of Epstein files released by the US Department of Justice. According to the i Paper, Lord Mandelson "ga...
BBC Multiple papers lead with UK police reviewing reports of alleged misconduct in a public office after Lord Mandelson was accused of passing on sensitive government information to convicted sex offender Jeffrey Epstein. The accusations relate to conversations uncovered in the most recent batch of Epstein files released by the US Department of Justice. According to the i Paper, Lord Mandelson "gave Epstein advanced notice of €500bn eurozone bailout during financial crisis" while he was former Prime Minister Gordon Brown's business secretary. Lord Mandelson has not responded to requests for comment over the latest allegations and has repeatedly expressed regret for "ever having known Epstein".
Born Free says this does not go far enough and has been calling on the government to require zoos to pay into a Zoo Insurance Bond, which would be similar to the travel industry's ATOL bond and would ensure the care of animals in times of financial hardship or if a zoo is forced to close.
Born Free says this does not go far enough and has been calling on the government to require zoos to pay into a Zoo Insurance Bond, which would be similar to the travel industry's ATOL bond and would ensure the care of animals in times of financial hardship or if a zoo is forced to close.
(RTTNews) - Mission Valley Bancorp (MVLY) reported earnings for its fourth quarter that Increased, from the same period last year The company's bottom line came in at $3.10 million, or $0.93 per share. This compares with $1.10 million, or $0.34 per share, last year. The company's revenue for the period rose 24.0% to $11.90 million from $9.60 million last year. Mission Valley Bancorp earnings at a ...
(RTTNews) - Mission Valley Bancorp (MVLY) reported earnings for its fourth quarter that Increased, from the same period last year The company's bottom line came in at $3.10 million, or $0.93 per share. This compares with $1.10 million, or $0.34 per share, last year. The company's revenue for the period rose 24.0% to $11.90 million from $9.60 million last year. Mission Valley Bancorp earnings at a glance (GAAP) : -Earnings: $3.10 Mln. vs. $1.10 Mln. last year. -EPS: $0.93 vs. $0.34 last year. -Revenue: $11.90 Mln vs. $9.60 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
A bullish new analyst note improved investor sentiment on the company. A wobbly stock at the end of last week, ServiceNow (NOW +0.85%) seemed to be finding a better balance at the beginning of this one. Investors cautiously bought shares of the stock on Monday, sending its price nearly 1% higher and notching a slight victory over the S&P 500 index's 0.5% rise. Inclusion on a "best of" list compile...
A bullish new analyst note improved investor sentiment on the company. A wobbly stock at the end of last week, ServiceNow (NOW +0.85%) seemed to be finding a better balance at the beginning of this one. Investors cautiously bought shares of the stock on Monday, sending its price nearly 1% higher and notching a slight victory over the S&P 500 index's 0.5% rise. Inclusion on a "best of" list compiled by a top investment bank was a key factor in the rise. An enterprising company That morning, Goldman Sachs added three names to its U.S. Conviction List, including ServiceNow (the other two joining it are delivery specialist DoorDash and energy company Golar LNG). Goldman's team of analysts, led by Steven Kron, waxed bullish about ServiceNow's potential to expand its offerings into other segments of the enterprise software market. According to reports, pundits believe it can capture market share in areas such as customer relationship management (CRM) and human resources. With such scope for expansion, the investment bank is estimating that ServiceNow could post an organic compound annual growth rate (CAGR) of roughly 20% through 2029. Expand NYSE : NOW ServiceNow Today's Change ( 0.85 %) $ 0.99 Current Price $ 118.00 Key Data Points Market Cap $122B Day's Range $ 116.35 - $ 121.67 52wk Range $ 113.13 - $ 211.48 Volume 19M Avg Vol 11M Gross Margin 77.53 % Hidden attributes Goldman points out a significant (and to some extent, hidden) advantage of ServiceNow and its business model -- it's readily expandable into other functionalities where businesses often struggle to become (and remain) efficient. Over the years, I believe, ServiceNow has done a solid job selling its products and services to clients, and when and if it pushes into those new segments, it should be similarly successful. Goldman's bullish analysis is justified.
Palantir Technologies declared, “We are an n of 1” in the artificial intelligence software market on Monday, as the data analytics group reported yet another set of record quarterly results, sending its shares surging nearly 8% in late trading. Investors cheered a powerful combination of faster growth, fatter margins, and a revenue outlook “crushing consensus expectations,” prompting a sharp rebou...
Palantir Technologies declared, “We are an n of 1” in the artificial intelligence software market on Monday, as the data analytics group reported yet another set of record quarterly results, sending its shares surging nearly 8% in late trading. Investors cheered a powerful combination of faster growth, fatter margins, and a revenue outlook “crushing consensus expectations,” prompting a sharp rebound in a stock that had stumbled to start the year. In his trademark outspoken style, CEO Alex Karp crowed on the following earnings call about “one of the truly iconic performances in the history of corporate performance or technology.” He argued that Palantir’s results would be “stellar, unusual, and sublime for a company that was in a much earlier stage of its development,” but this company is over 20 years old: “You just cannot expect a company like ours to perform at anything like this level.” ‘Incredible’ quarter tops forecasts Denver-based Palantir reported fourth-quarter revenue of about $1.41 billion, topping analyst expectations and marking another record period for the company famously named after a magical object from Lord of the Rings. Adjusted earnings per share came in at 25 cents, two cents above consensus, while net income climbed to about $609 million, helping deliver one of Palantir’s strongest profitability performances to date. Management highlighted a “rule of 40” score—the sum of revenue growth and operating margin—at an “incredible” level of 127%. Karp attributed this to Palantir being the only company “choosing to exclusively focus on scaling the operational leverage made possible by the rapid advancements of AI models, a trend that we first called ‘commodity cognition’ well before others started repeating it.” Palantir’s AI platform remained the main growth engine, particularly in the U.S. commercial market, where revenue and customer counts have been climbing at a breakneck pace. The company’s “boot camp” go-to-market model—short, intensive worksh...
It's a crucial move to make. There's a reason many retirees opt to own homes rather than rent. When you rent a home, you might have to move repeatedly. When you own a home, you can stay put as long as you want, provided you're able to keep up with your mortgage (if you still have one), property taxes, and other necessary costs. But if you're going to own a home in retirement, there's one key move ...
It's a crucial move to make. There's a reason many retirees opt to own homes rather than rent. When you rent a home, you might have to move repeatedly. When you own a home, you can stay put as long as you want, provided you're able to keep up with your mortgage (if you still have one), property taxes, and other necessary costs. But if you're going to own a home in retirement, there's one key move you have to make -- maintain an emergency fund for repairs. Obviously, home repairs can be a budget buster at any time. But you're on a fixed retirement income that may not be much more than your monthly Social Security check, it's important to have funds on hand to cover unexpected repairs. And while borrowing against your home equity may be an option, that means taking on debt at a time in life when you should be doing your best not to add to your ongoing expenses. Not only should you have an emergency fund for home repairs, but you should make sure to keep it in cash. If you invest it and need the money at the wrong time, you might have to sell assets at a loss. Remember, if your plumbing stops working at a time when the market is down, you may not be able to wait weeks or months for a recovery. So your best bet is to keep your home repair emergency fund in a high-yield savings account. That way, you can at least earn a little bit of interest when that money isn't being used.
SpaceX has announced it has acquired artificial intelligence start-up xAI in a deal that that brings together two companies owned by Elon Musk. In a statement, Mr Musk said the deal would create "the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet, direct-to-mobile device communications and the world's foremost real-time informatio...
SpaceX has announced it has acquired artificial intelligence start-up xAI in a deal that that brings together two companies owned by Elon Musk. In a statement, Mr Musk said the deal would create "the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet, direct-to-mobile device communications and the world's foremost real-time information and free speech platform". The world's richest man, who also owns Tesla, social media platform X, and satellite communications company Starlink, said the combination would aim to develop AI data centres in space, and called the move "not just the next chapter, but the next book in SpaceX and xAI's mission". X, formerly Twitter, was itself bought by xAI last year. Mr Musk bought Twitter in 2022 for $44bn (£38bn). A $1trn company Of the latest deal, Mr Musk wrote: "In the long term, space-based AI is obviously the only way to scale. "The only logical solution therefore is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called 'space' for a reason. "By directly harnessing near-constant solar power with little operating or maintenance costs, these satellites will transform our ability to scale compute. "It's always sunny in space." The combined company would have a valuation of $1.25trn (£910bn), according to Bloomberg, and the deal comes ahead of SpaceX's anticipated initial public offering, expected to be announced later this year. SpaceX are not the only company to explore the idea of putting AI data centres in space. Google last year revealed a new research project called Project Suncatcher that would equip solar-powered satellites with AI computer chips. Mississippi officials last month announced that xAI is set to spend $20bn (£14.6bn) to build a data centre near the state's border with Tennessee. Read more from Sky News: Stars hit out at ICE during Grammy awards Trump to close Kennedy Center for two years SpaceX's...
Investors are paying more than ever to hedge against volatility in the South Korean stock market, which slumped the most since April on Monday after clocking in the world’s best start to the year. The Kospi 200 Volatility Index, a gauge of option prices, has surged to a record relative to the Cboe Volatility Index in the US. The spread between the two increased steadily during the formidable Korea...
Investors are paying more than ever to hedge against volatility in the South Korean stock market, which slumped the most since April on Monday after clocking in the world’s best start to the year. The Kospi 200 Volatility Index, a gauge of option prices, has surged to a record relative to the Cboe Volatility Index in the US. The spread between the two increased steadily during the formidable Korean stock rally in recent months as investors sought to both hedge their holdings and position for more gains. Then on Monday, the VKOSPI spiked nearly 8 points — the most in almost 10 months — as equities slumped on growing worries over the artificial intelligence boom that drove the rally and boosted Samsung Electronics Co. and SK Hynix Inc. Shares of the two chip heavyweights sank more than 5%. While no one knows if this selloff is the start of something bigger, what’s clear is that investors are cautious — and for good reason: The benchmark Kospi index has more than doubled from a low last April, far outperforming global peers. On Monday, the cost of one-month options protecting against a 10% decline in the Kospi 200 Index — the blue-chip gauge the VKOSPI is based on — jumped to its highest level since November relative to bets for a 10% advance. “A cautious approach is needed — waiting to confirm a market rebound before entering positions,” said Ha SeokKeun , chief investment officer at Eugene Asset Management Co., who still sees the pullback as a buy-the-dip opportunity. Volatility has risen across asset classes and equity markets, but the move in the VKOSPI has been particularly pronounced. It climbed for six straight days, reaching its highest level since April 2020 on Monday. The high VKOSPI level reflects “heightened market uncertainty and expected extreme volatility in Korean single-stock names,” Jangwon Seo , head of global derivatives at Korea Investments & Securities Asia Ltd., said last week, recommending to consider hedging. Kevin Warsh’s nomination as the nex...
Bill and Hillary Clinton agreed on Monday to testify in a House investigation into the convicted sex offender Jeffrey Epstein, days before the chamber was expected to vote to hold them in contempt of Congress. The concession follows a tense back-and-forth between the Clintons and the Republican James Comer, chair of the House oversight committee, who on Monday said that he would insist both Clinto...
Bill and Hillary Clinton agreed on Monday to testify in a House investigation into the convicted sex offender Jeffrey Epstein, days before the chamber was expected to vote to hold them in contempt of Congress. The concession follows a tense back-and-forth between the Clintons and the Republican James Comer, chair of the House oversight committee, who on Monday said that he would insist both Clintons sit for a sworn deposition before the committee in order to fulfill the panel’s subpoenas. “They negotiated in good faith. You did not,” Angel Ureña, a spokesman for the Clintons, replied to Comer, in a post on social media. “They told you under oath what they know, but you don’t care. But the former president and former secretary of state will be there. They look forward to setting a precedent that applies to everyone.” The House was headed towards potential votes this week on criminal contempt of Congress charges against the Clintons. If passed, the charges threatened the Clintons with substantial fines and even incarceration if they were convicted. “The Clintons do not get to dictate the terms of lawful subpoenas,” Comer said. For months, the Clintons had refused to appear before the Republican-led panel, arguing that the subpoenas were legally “invalid” and “unenforceable” and accusing Comer of targeting them as part of Donald Trump’s retribution campaign against his political enemies. A committee letter to the Clintons’ attorneys indicates the pair had offered for Bill Clinton to conduct a transcribed interview on “matters related to the investigations and prosecutions of Jeffrey Epstein” and for Hillary Clinton to submit a sworn declaration. The Republican-controlled oversight panel had advanced criminal contempt of Congress charges last month, in response to the Clintons’ refusal to testify in Congress. On 12 January, attorneys for the Clintons had issued a letter to Comer on why they would not be testifying. They called the subpoenas “invalid and legally unenforc...