A new South Carolina act will exempt some heirs’ property owners from increased property taxes In a move that protects vulnerable people from forced property sales, South Carolina recently enacted an act that could help families keep land that has been passed down for generations. The Heirs’ Property Tax Relief Act , signed into law by Henry McMaster, the state’s governor, on 15 May, prevents coun...
A new South Carolina act will exempt some heirs’ property owners from increased property taxes In a move that protects vulnerable people from forced property sales, South Carolina recently enacted an act that could help families keep land that has been passed down for generations. The Heirs’ Property Tax Relief Act , signed into law by Henry McMaster, the state’s governor, on 15 May, prevents counties from reassessing property values when heirs clear their property titles, or resolve disputes about the ownership. The act allows families with heirs’ properties – land inherited by multiple owners who are not listed on the title – to transfer the title between family members without their real estate taxes increasing. Gullah Geechee people, the descendants of formerly enslaved west Africans who retained their culture and customs, are especially vulnerable to heirs’ property issues . They can lead to their homes being sold at annual auctions for delinquent tax payments, predatory development and interfamily fighting. Continue reading...
From Hudson valley, New York, and London Recommended if you like the Books, Leila, Worldpeace DMT Up next Rumspringa released 29 May Jonah Paz and Yaelle Avtan recorded their first ever track as Ear on an iPhone in the Bard College library. That song, Nerves, pits their murmuring voices against weightless strings and barely perceptible drums. Just as it seems poised to float away altogether, the t...
From Hudson valley, New York, and London Recommended if you like the Books, Leila, Worldpeace DMT Up next Rumspringa released 29 May Jonah Paz and Yaelle Avtan recorded their first ever track as Ear on an iPhone in the Bard College library. That song, Nerves, pits their murmuring voices against weightless strings and barely perceptible drums. Just as it seems poised to float away altogether, the track is suddenly overtaken by a blaring bass synth that cleaves the first act’s aching plea into an emotionally fraught, black-lit banger. The Hudson valley/London duo are sometimes lumped in under the loose banner of “laptop twee” alongside a host of younger artists who also balance whimsy with warped electronics. Like Bassvictim, Worldpeace DMT and the Femcels, Ear pad out the emotional immediacy of lo-fi rock with found audio chaos and wide-ranging genre collage. Nostalgia is a major ingredient but the band’s appeal is by no means reducible to it. After drawing from the DNA of 00s pop with their first album, last year’s The Most Dear and the Future, Paz and Avtan push deconstruction harder on their second album, Rumspringa. The duo have been long inspired by IDM, and like the better songwriters of that genre, their greatest strength lies in how they manipulate the audio field. On lead single Ne Plus Ultra, their half-whispered, trade-off vocals are secondary to epic, primary-coloured synths, which provide a faint thread of melody as voice notes, dance beats and chintzy sounds stud the song with cryptic jokes and funny pockets of uplift. The effect is like freefalling through off-kilter consciousness and acclimatising to its weird logic: the thrill of watching a band taking shape in real time. Harry Tafoya This week’s best new tracks View image in fullscreen The Durutti Column’s Vini Reilly (right) and drummer Bruce Mitchell. Photograph: Christopher Thomond/The Guardian The Durutti Column – Liars Much cited, albeit rarely spotted these days: Vini Reilly returns for his fi...
Jan van Loon remembers the moment well. As Arsenal’s head of coaching he was guiding Freddie Ljungberg’s first steps in management with the under-15s when Bukayo Saka joined the squad. Saka was regarded as one of the academy’s standout talents but Ljungberg soon concluded the youngster was in danger of not fulfilling his potential. Towards the end of 2016, Ljungberg delivered words to Saka that, a...
Jan van Loon remembers the moment well. As Arsenal’s head of coaching he was guiding Freddie Ljungberg’s first steps in management with the under-15s when Bukayo Saka joined the squad. Saka was regarded as one of the academy’s standout talents but Ljungberg soon concluded the youngster was in danger of not fulfilling his potential. Towards the end of 2016, Ljungberg delivered words to Saka that, according to Van Loon, have shaped the winger’s career. It was a one-on-one evaluation, typically held twice a year in the academy, but also in the room were Van Loon, a strength and conditioning coach and Saka’s father, Yomi. “Bukayo was sitting there feeling pretty confident because he was scoring goals and things were seemingly going well,” Van Loon says. “But Freddie said: ‘I’m actually not that satisfied, because you’ve got so much more in you. You need to take a good look at yourself. From now on, I want to see the real Bukayo. No more hiding in training or going through the motions. No, you’re the first one out there on the pitch and the last to leave it. You’re going to carry the team and take on a leadership role.’” View image in fullscreen Bukayo Saka full of confidence while playing for Arsenal’s under-15 side back in 2016. Photograph: Stuart MacFarlane/Arsenal FC/Getty Images Saka, Van Loon recalls, was taken aback. “He didn’t expect criticism, that he needed to do much more. But he quickly realised that Freddie was doing it out of respect. Freddie said: ‘I’m going to help you with this, I’ll support you, I believe in you.’ And very quickly it turned into something positive.” The conversation remains etched in Van Loon’s memory. “You have to picture it like this: Bukayo was sitting at the table and his dad was in a chair a few metres behind him. We looked them both in the eyes and his dad had a big smile, like: ‘Finally, someone who’s going to help my son get the most out of himself.’ Because he could see there was so much more in Bukayo.” Ljungberg twice won the...
After the politically incisive late-night host said his final goodnight last week, Byron Allen’s Comics Unleashed offered a grim look at where TV is heading The applause, dear God, the applause. It has you bracing against the headboard and groping for the remote when Comics Unleashed detonates onto the screen just before midnight. A soulless barrage of whoops, cheers and apparatchik-grade terror c...
After the politically incisive late-night host said his final goodnight last week, Byron Allen’s Comics Unleashed offered a grim look at where TV is heading The applause, dear God, the applause. It has you bracing against the headboard and groping for the remote when Comics Unleashed detonates onto the screen just before midnight. A soulless barrage of whoops, cheers and apparatchik-grade terror clapping, it hits like a jet engine at takeoff, swallowing the show’s disembodied announcer in a silo of his own manufactured zaniness. The applause snuffs out introductions to the guests, all stand-up comics – a who’s who of who’s that – and upstages a modest studio audience that appears to have been rounded up from pamphlet-clutching LA tourists. It even leaves the host himself, 65-year-old Byron Allen, limply shuffling to reclaim the frame as the show’s cameras whip around him from every conceivable angle. In the reverse shots, you can already see the night’s guests parked in the makeshift waiting-room setup at stage left, apparently settled in for Allen’s monologue. But there is no monologue. Comics Unleashed has no writers, no comic sensibility, no discernible point of view – because CBS bent the knee to Donald Trump, and Allen makes Jimmy Fallon look like Eugene Debs. Continue reading...
American presidents don’t have a stellar record of transparency about their health problems. After a polio diagnosis that caused paralysis of his lower body, Franklin Delano Roosevelt used a wheelchair to get around, but went to great lengths to conceal it from the public. John F Kennedy suffered debilitating back pain, but most Americans never had a clue, seeing only a vigorous and youthful polit...
American presidents don’t have a stellar record of transparency about their health problems. After a polio diagnosis that caused paralysis of his lower body, Franklin Delano Roosevelt used a wheelchair to get around, but went to great lengths to conceal it from the public. John F Kennedy suffered debilitating back pain, but most Americans never had a clue, seeing only a vigorous and youthful politician. And, more recently – and infamously – Joe Biden’s White House staff worked to conceal his age-related decline, until that was no longer possible. After a disastrous debate performance and belated press coverage, Biden called off his re-election bid in 2024. double quotation mark Not just for Trump, but for all those who will follow him, there should be mandatory reporting to the public on the president’s health, both physical and mental So perhaps it’s no surprise that we don’t know very much about Donald Trump’s mental and physical health, except for what we can see with our own eyes. But even that is plenty. The Atlantic’s Jonathan Lemire listed some causes of concern in his piece titled A Different Kind of Fading President. Among them: Trump’s late-night social-media storm of 50 unhinged messages; his apocalyptic threat to wipe out a civilization; the increased nastiness and frequency of insults to reporters; his appearing to fall asleep in meetings or at public events; the deep bruises on his hands; his extensive use of unstructured “executive time”, accompanied by a greatly reduced travel schedule; and the “long, odd tangents in speeches” that seem even longer and odder even than his previous tangents. “Never known for his ability to self-censor, Trump seems to have completely abandoned any sort of filter,” Lemire wrote, noting Trump’s startling celebration of former FBI director Robert Mueller’s death, and his meme widely interpreted as depicting himself as Jesus – though after a backlash he denied that was his intention. Trump, the oldest person ever elected U...
The 4thWrite prize, an annual short story competition for Black, Asian and minority ethnic writers run by publisher 4th Estate and the Guardian, has opened for submissions. The winner will receive £1,000, a one-day publishing workshop at 4th Estate and publication of their story on the Guardian website. The shortlisted stories will be published on the 4th Estate website. The prize is open to write...
The 4thWrite prize, an annual short story competition for Black, Asian and minority ethnic writers run by publisher 4th Estate and the Guardian, has opened for submissions. The winner will receive £1,000, a one-day publishing workshop at 4th Estate and publication of their story on the Guardian website. The shortlisted stories will be published on the 4th Estate website. The prize is open to writers aged 18 and over living in the UK or Ireland. This is the 10th year of the prize. Last year’s winner was Piyumi Kapugeekiyana for The Original Is Not Here. Several previous longlisted and shortlisted writers have gone on to publish books: Bolu Babalola, author of Love in Colour and Honey & Spice; Guy Gunaratne, author of In Our Mad and Furious City; Kasim Ali, author of Good Intentions; Gurnaik Johal, author of We Move; and Kit Fan, author of Diamond Hill. Past winners include Yan F Zhang for Fleeting Marrow in 2024 and Yian Yi for The Good Son in 2023. This year’s judging panel includes agent Emma Paterson of Aitken Alexander Associates, writer and journalist Chanté Joseph, novelists Sanam Mahloudji and Kamila Shamsie, 4th Estate publishing director Kishani Widyaratna and Guardian commissioning editor Ella Creamer. Johal, who was shortlisted for the prize in 2018, joins the panel this year as a guest judge to mark the anniversary. Johal said being shortlisted for the prize began his writing career. “I remember feeling emboldened to take writing seriously when I entered my short story,” he said. Shamsie described the award as “an effective spotlight” for emerging writers in the decade since it was launched, while Widyaratna called the prize “an essential part of the literary ecosystem”. Joseph said: “I know firsthand how rare it is to see your story reflected in the publishing landscape, and how much will and motivation it takes to keep pushing when you’re a person of colour in this space. It is such an honour and a privilege to be judging the 4thWrite prize.” The deadli...
Johnson & Johnson ( JNJ ) has received FDA approval to expand the label for its monoclonal antibody therapy Tremfya to prevent further joint damage in psoriatic arthritis, an immune-mediated condition characterized by joint inflammation, among other symptoms. Tremfya, approved for multiple inflammatory conditions, including PsA and Crohn’s disease, is J&J’s ( JNJ ) third-largest product, with its ...
Johnson & Johnson ( JNJ ) has received FDA approval to expand the label for its monoclonal antibody therapy Tremfya to prevent further joint damage in psoriatic arthritis, an immune-mediated condition characterized by joint inflammation, among other symptoms. Tremfya, approved for multiple inflammatory conditions, including PsA and Crohn’s disease, is J&J’s ( JNJ ) third-largest product, with its $5.2B in sales last year representing nearly 6% of the company's top line. With the possibility of joint damage linked to active psoriatic arthritis beginning as early as six months after the onset of the illness, as many as 50% of PsA patients can develop irreversible joint damage if the condition is left untreated. In a statement late Thursday, the New Jersey-based pharma giant said that the FDA greenlighted its supplemental Biologics License Application seeking Tremfya’s use for the inhibition of further structural joint damage in adults with PsA. The decision is supported by data from the company’s Phase 3b APEX study, in which the injectable reduced joint symptoms and inhibited the progression of structural damage compared to placebo in patients with active PsA. More on Johnson & Johnson Why We Increased The Position In Johnson & Johnson Johnson & Johnson (JNJ) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript Johnson & Johnson: A Dividend King, But Priced Appropriately, Big Conference Slate J&J's DePuy gains rights to MinMaxMedical Gemtrack tech Notable analyst calls this week: Dell, J&J and AMD stocks among top picks
A new artificial intelligence voice model from Alibaba Group Holding has beaten out Western rivals OpenAI and xAI on a major global benchmark, underscoring its technical edge in capturing complex Chinese dialects and accents. Fun-Realtime-TTS-Preview, developed by Alibaba’s Tongyi Lab, has secured the fifth spot on the Artificial Analysis Speech Arena leaderboard with a score of 1,190. It was the ...
A new artificial intelligence voice model from Alibaba Group Holding has beaten out Western rivals OpenAI and xAI on a major global benchmark, underscoring its technical edge in capturing complex Chinese dialects and accents. Fun-Realtime-TTS-Preview, developed by Alibaba’s Tongyi Lab, has secured the fifth spot on the Artificial Analysis Speech Arena leaderboard with a score of 1,190. It was the only Chinese-engineered voice system in the global top five. Alibaba owns the South China Morning Post. Advertisement The Speech Arena benchmark is operated by Artificial Analysis, a San Francisco-based AI evaluation organisation backed by investors including former GitHub chief executive Nat Friedman and Google Brain founder Andrew Ng. The platform ranks models through blind user evaluations of generated speech clips using an Elo-based system. Speech Arena users test how well models can perform across three core capabilities – converting speech into text, enabling end-to-end voice understanding and conversational interaction, and transforming text into natural-sounding speech. Advertisement In a separate Artificial-Analysis Word Error Rate index, Alibaba’s Fun-Realtime-ASR model ranked first with a word error rate of 1.8 per cent, meaning fewer than two words out of every 100 were transcribed incorrectly.
watch now VIDEO 3:51 03:51 Here's why U.S. grocery stores are selling more Asian groceries CNBC Digital Original Video When Candice Choi launched her Korean seaweed snack brand, Geem, in 2023, she thought the company would be strictly direct-to-consumer, with its marketing strategy relying primarily on TikTok. But within three months, the seaweed snacks were on the shelves of grocery stores, inclu...
watch now VIDEO 3:51 03:51 Here's why U.S. grocery stores are selling more Asian groceries CNBC Digital Original Video When Candice Choi launched her Korean seaweed snack brand, Geem, in 2023, she thought the company would be strictly direct-to-consumer, with its marketing strategy relying primarily on TikTok. But within three months, the seaweed snacks were on the shelves of grocery stores, including some Whole Foods locations, where Geem chips sit next to kale chips and veggie straws. "There was so much confluence of people being really excited about our snacks and stores really willing to take us on that was really, really exciting," Choi told CNBC. "Traditionally, buyers are gatekeepers, and it takes years and years and years to develop those relationships, but they saw the category was growing, and we've been performing." Because of its explosive demand, Geem will be launching in Whole Foods stores across Southern California, Nevada, Arizona and Hawaii in July, the company told CNBC exclusively. Geem's growth is indicative of a larger trend: As demand for global flavors in the U.S. rises, Asian grocery items are getting more of a spotlight in mainstream grocery stores, signaling an evolution beyond the traditional "ethnic aisle" of years past. Those aisles typically included a limited selection of international products, often offering primarily sauces or oils. Now, grocery stores look much different. An aisle sign at Whole Foods on May 27, 2026. Natalie Rice | CNBC "People are being exposed to newer flavors earlier on, and it's no longer that weird snack that maybe you try once and you're like, 'No,'" Choi said. "It's really exciting, and we're seeing that taste profile really influence consumer demand. And you can see it in the numbers. Asian snacking is expected to go to multiple billions in the end of 2030, and that's just the snacking." Research from global investment banking advisor BDA Partners estimates that the "ethnic aisle" generated $8.8 billion in ...
Welcome to the Business of Food newsletter, covering how the world feeds itself in a changing economy and climate. This week, Ilena Peng looks at America’s appetite for honey. Any tips or feedback? Email Agnieszka de Sousa . And if you aren’t yet signed up to receive this newsletter, please do so here . Sweet Spot Honey has been around since antiquity. The ancient Greeks made honey cakes as offeri...
Welcome to the Business of Food newsletter, covering how the world feeds itself in a changing economy and climate. This week, Ilena Peng looks at America’s appetite for honey. Any tips or feedback? Email Agnieszka de Sousa . And if you aren’t yet signed up to receive this newsletter, please do so here . Sweet Spot Honey has been around since antiquity. The ancient Greeks made honey cakes as offerings to their Gods, while it was also known for its healing properties. It remains a feature of cuisine in Europe, North Africa and the Middle East, from medicinal hot drinks to sticky desserts. Now America is embracing honey as demand grows for “cleaner” ingredients and alternatives to sugar . Gone are the days when honey was limited to cups of tea. It now appears prominently atop lattes, pizzas and even meat dishes. The big question for beekeepers is how to monetize the growing interest, especially when many are struggling with record-low production and a wave of foreign imports, as I write in this week’s story . The answer, according to one company, is to focus on premium, more niche versions of the sweet, gooey nectar. Z Specialty Foods, a California-based honey packer, sources and processes about 250,000 pounds of the sweetener every year. One of its products is coriander honey, which comes from bees feeding on cilantro blossoms in the Sacramento Valley. Others include honey from Floridian tupelo trees and from feathered red Hawaiian lehua blossoms. That all comes at — and sells for — a higher price. Z Specialty Foods pays its beekeepers as much as $6 for a pound (454 grams) of honey, which is more than triple what US producers get. A 9-ounce (255-gram) jar, once processed, sells for $14 online. That enables producers to focus more on honey production, which requires larger hives, and less on pollination, which needs a greater number of smaller hives and is the bigger moneymaker in the US, says Josh Zeldner, director of nectar at Z Specialty Foods. Demand from the compa...
EFG International AG , a private-banking boutique based in Zurich, is expanding its 300-person team serving clients from the Americas with an emphasis on Brazil and South Florida. Wealth under management from the Americas increased faster than any of EFG’s other regions last year, bringing in $4 billion, according to Sanjin Mohorovic , chief executive officer of the firm’s EFG Capital brokerage in...
EFG International AG , a private-banking boutique based in Zurich, is expanding its 300-person team serving clients from the Americas with an emphasis on Brazil and South Florida. Wealth under management from the Americas increased faster than any of EFG’s other regions last year, bringing in $4 billion, according to Sanjin Mohorovic , chief executive officer of the firm’s EFG Capital brokerage in Miami and head of the company’s Americas operation. Latin American clients are responsible for more than 12% of the $239 billion in assets the firm has under management globally, and Brazil is “the key market” in the region, representing about 20% of the $30 billion managed by EFG in the Americas, Mohorovic said in an interview. “We have seen in the last years a flow of wealth going from the south to the north in the Americas, particularly to the United States,” he said, adding that there is “a lot of Latin American wealth in South Florida that we believe we can capture.” EFG doesn’t offer local private banking or wealth-management services in Latin America, but has booking centers in cities including Miami, London, Zurich and Geneva that serve as hubs for the region’s rich individuals. “US entrepreneurs are also diversifying outside the United States — investing in Asia, London, Europe — and we are also providing them the ability to do that,” he said. “They are buying houses in South France, the Swiss Alps, and we help them with mortgage loans to finance those acquisitions.” With operations in 14 countries, EFG hired five people in the past 12 months for its two local offices in Brazil, one in Sao Paulo and one in Rio. Marcelo Cavalcanti, executive director responsible for EFG Bank in Brazil, leads those outposts. Mohorovic said the plan is to keep hiring. This year, the lender also recruited a team in Miami and a banker in Switzerland that’s serving Brazil, Mohorovic said. Unlike what’s typical for rich individuals elsewhere in Latin American, Brazilians have most of the...
Meteorologists were central to D-Day. 'Pressure' tells the story of navigating uncertainty toggle caption Alex Bailey/Focus Features Operation Overlord, the code name for the Allied invasion of Normandy in 1944, has long been an Anglo-American film event of epic proportions, from the 1962 CinemaScope extravaganza The Longest Day to Steven Spielberg's 1998 Saving Private Ryan. The new movie Pressur...
Meteorologists were central to D-Day. 'Pressure' tells the story of navigating uncertainty toggle caption Alex Bailey/Focus Features Operation Overlord, the code name for the Allied invasion of Normandy in 1944, has long been an Anglo-American film event of epic proportions, from the 1962 CinemaScope extravaganza The Longest Day to Steven Spielberg's 1998 Saving Private Ryan. The new movie Pressure, Anthony Maras' screen adaptation of David Haig's acclaimed 2014 play, comes to the big screen in time for the 82nd anniversary of D-Day, carving out a place in the pantheon of films about the World War II liberation of Western Europe away from the action on the beaches. The film is a closely wound chamber drama charting stormy weather both meteorological and emotional, of the film's main protagonists. The Irish actor Andrew Scott deftly embodies James Stagg, the punctilious Scottish chief meteorologist. Stagg works opposite his military superior General Dwight D. Eisenhower, Supreme Commander of the Allied forces, played by a bullish and baronial Brendan Fraser somewhat at a remove from the pinched steely-eyed Ike seen on the newsreels of the time. Sponsor Message Maras' film places these protagonists squarely at odds as they are introduced to one another a mere 72 hours from a proposed landing on the beaches of Normandy. Eisenhower's own weatherman, Irving Krick, played at an unnerving extroverted pitch by Chris Messina, is dead sure that the weather will be fine. The academic Stagg is altogether more dour and skeptical, sensing a storm brewing for the planned date of the invasion. Where Krick is busy grandstanding, the darling of his men and superiors, the ever unpopular Stagg urges caution. He wants more data, more detail and more observation of the forces that turn the winds and drive the storms on the distant seas. The tension between the two boils over into a confrontation which only Eisenhower can adjudicate, a task complicated by his own arrogant British subordin...
Most investors will eventually confront the issue of how much value they're actually getting when they buy a crypto token. For most coins, the answer to that question is vague. But Hyperliquid (HYPE +9.65%) is different: Its protocol generates about $714 million in annualized fees thanks to the trading activity on its decentralized crypto exchange, and it routes roughly 99% of those fees toward op...
Most investors will eventually confront the issue of how much value they're actually getting when they buy a crypto token. For most coins, the answer to that question is vague. But Hyperliquid (HYPE +9.65%) is different: Its protocol generates about $714 million in annualized fees thanks to the trading activity on its decentralized crypto exchange, and it routes roughly 99% of those fees toward open-market buybacks of its native Hype coin via an automated mechanism. Since its launch in late 2024, more than $1.1 billion has gone toward repurchases. In comparison, Ethereum (ETH +1.09%), with a market cap near $250 billion, and XRP (XRP +2.30%), at more than $80 billion, are both much larger than Hyperliquid, which has a cap of about $15 billion. But the smaller asset might be significantly undervalued. Let's do a quick investigation and figure it out. This buyback machine is competing against fee-challenged giants Given Hyperliquid's annualized fees of $714 million and its current market cap, it has an implied price-to-sales ratio (P/S) of near 20, which is quite reasonable for a fast-growing tech company. In 2025, the total fees generated by protocols operating on Ethereum's chain exceeded $6.2 billion, but almost none of that value flows to Ethereum holders. The chain's own revenue, the portion of gas (user) fees that are automatically destroyed rather than paid out to the network's validators and stakers, came to only about $93 million. The result is a P/S multiple of 2,677, a staggering figure for a network whose fee economics are under growing scrutiny despite (or perhaps because of) its gas fees falling by 99% during the past five years. So, the amount of Ether coins that will be burned by future transactions on the chain will likely not be a major driver of returns for holders as the chain scales up even further and forces the average paid fee per transaction even lower. Of course, Ethereum is still probably a fairly valuable network since it's the home to more...
AeroVironment (AVAV) shares ended the last trading session 18.3% higher at $214.39. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.2% loss over the past four weeks. AeroVironment benefits from autonomous military strike systems, including Switchblade loitering munitions and Red Dragon attack drones, al...
AeroVironment (AVAV) shares ended the last trading session 18.3% higher at $214.39. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.2% loss over the past four weeks. AeroVironment benefits from autonomous military strike systems, including Switchblade loitering munitions and Red Dragon attack drones, along with counter-drone and electronic warfare technologies. By combining AI-enabled autonomy, precision targeting, and command-and-control software, the company is positioned to benefit from rising demand for portable, rapidly deployable precision warfare systems. The new $20 million Air Force Research Laboratory contract strengthens AeroVironment beyond its traditional drone and loitering-munition business by expanding its role in advanced defense materials and aerospace R&D. This creates a new high-margin research revenue stream and deepens long-term relationships with the U.S. Air Force and Space Force. This maker of unmanned aircrafts is expected to post quarterly earnings of $1.53 per share in its upcoming report, which represents a year-over-year change of -5%. Revenues are expected to be $566.61 million, up 106% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For AeroVironment, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on AVAV going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> AeroVironment is a m...
For the third Grand Slam in a row, there will be no British singles players in the second week. That is not a surprise at the French Open, where the nation's players have historically struggled on clay. But when the latest rankings are confirmed after Roland Garros, there will only be one British man in the top 100. On the women's side, there will be four. With Wimbledon around the corner, are the...
For the third Grand Slam in a row, there will be no British singles players in the second week. That is not a surprise at the French Open, where the nation's players have historically struggled on clay. But when the latest rankings are confirmed after Roland Garros, there will only be one British man in the top 100. On the women's side, there will be four. With Wimbledon around the corner, are the singles struggles becoming a concern for British fans? "Of course we want more British players in the top 100 and reaching the second weeks of Grand Slams - but we're in a blip at the moment," said former British number one Annabel Croft. "Tennis moves and changes very quickly. It is a brutal sport and maintaining your level at the top is tough. "I think the picture looks bleaker than it actually is and I'm sure the British players will bounce back."
AGNC Investment ( AGNC ) has launched an at-the-market common stock offering program worth up to $2B. The firm entered into sales agreements with 14 financial institutions as agents, including Goldman Sachs ( GS ), Barclays Capital ( BCS ), JPMorgan Chase ( JPM ), Morgan Stanley ( MS ), Royal Bank of Canada ( RY ), UBS ( UBS ), Wells Fargo ( WFC ), Moelis & Company ( MC ), Citizens JMP Securities,...
AGNC Investment ( AGNC ) has launched an at-the-market common stock offering program worth up to $2B. The firm entered into sales agreements with 14 financial institutions as agents, including Goldman Sachs ( GS ), Barclays Capital ( BCS ), JPMorgan Chase ( JPM ), Morgan Stanley ( MS ), Royal Bank of Canada ( RY ), UBS ( UBS ), Wells Fargo ( WFC ), Moelis & Company ( MC ), Citizens JMP Securities, and Virtu Americas. More on AGNC Investment AGNC Investment Corp.: Why I Am Not Selling A Single Share AGNC Investment Corp.'s 13.4% Yield Is Bleeding It Dry AGNCO: This 8.75% Yielding Preferred Share Isn't The Highest, But My Favorite AGNC shares drift lower as book value and REIT sector pressure build Dividend Roundup: Otis Worldwide, Eaton, AGNC Invest, Morgan Stanley, and more
United Community Bank lessened its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 11.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,714 shares of the iPhone maker's stock after selling 1,958 shares during the quarter. Apple accounts for about 1.6% of United Community Bank's investment portfolio, making the stock its 1...
United Community Bank lessened its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 11.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,714 shares of the iPhone maker's stock after selling 1,958 shares during the quarter. Apple accounts for about 1.6% of United Community Bank's investment portfolio, making the stock its 10th biggest holding. United Community Bank's holdings in Apple were worth $4,272,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors have also made changes to their positions in AAPL. First National Bank of Hutchinson lifted its position in shares of Apple by 24.6% in the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker's stock worth $8,845,000 after purchasing an additional 6,982 shares in the last quarter. Eagle Capital Management LLC lifted its position in shares of Apple by 0.5% in the fourth quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker's stock worth $13,544,000 after purchasing an additional 272 shares in the last quarter. Brighton Jones LLC lifted its position in shares of Apple by 14.8% in the fourth quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker's stock worth $134,554,000 after purchasing an additional 69,207 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Apple by 4.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker's stock worth $16,742,000 after purchasing an additional 2,695 shares in the last quarter. Finally, Highview Capital Management LLC DE lifted its position in shares of Apple by 2.4% in the fourth quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker's stock worth $12,587,000 after purchasing an additional 1,155 shares in the last quarter. Institutional investors own 6...