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NEW YORK — An NYPD unit initially tasked with tackling quality-of-life complaints across the city has exploded in size but remains a shadow group within the department without any publicly defined parameters or mission statement, the city’s Department of Investigation said in a Tuesday report. While the NYPD’s Community Response Team has been repeatedly hailed on social media for cracking down on illegal street vendors, ghost cars and dirt bike and ATV riders over the last two years, the group isn’t mentioned on the department’s website, DOI investigators discovered. Nor is it easy to determine if or to what extent the group’s crackdowns actually help the communities they’re assisting — even though the team has grown tenfold in the past two years, the report notes. “CRT has expanded significantly, with a team in every patrol borough, without a corresponding expansion of publicly available information about the work of this unit,” DOI Inspector General Jeanene Barrett said Tuesday, adding that the unit’s lack of transparency “risks noncompliance with the law, ethical breaches and negative policing outcomes.” The DOI recommended that the NYPD immediately release a mission statement for the amorphous group on the department website, as well as information on how the department recruits and trains CRT members and evaluates team performance. “The creation of public policies and procedures [will] enhance knowledge of and confidence in CRT’s mission, as well as facilitate future oversight,” Barrett said. The report was the first phase of a continuing investigation of CRT, DOI officials noted. The next phase will concern how many CRT members have been disciplined or are facing discipline. The CRT was initially formed in 2022 by NYPD Chief of Department Jeffrey Maddrey, Chief of Patrol John Chell and Deputy Commissioner of Operations Kaz Daughtry as a citywide unit “intended to respond to rising numbers of quality-of-life complaints from elected officials and community members,” according to the report. At first, it was considered a pilot program with 16 officers and two sergeants focused on combating illegal cannabis trucks, ghost cars (cars with altered or forged license plates) and unlicensed street vendors. But, over the last two years, the team has ballooned to 165 members and now operates in every borough, the DOI said. Initially, the team — nicknamed the “khaki boys” for their modified uniforms, which include khaki cargo pants and shirts with the NYPD logo on them — was considered “ragtag” by one senior NYPD official for “its informal nature and lack of official status within the department,” the report noted. Unit members were in a pilot program staffed by members who were not formally assigned to CRT, but were asked to conduct CRT operations two or three times a week. Today, the unit operates in all five boroughs and has its own unit commander. Yet, still very little is publicly disclosed about how the unit is run, what they’re tasked with doing, and how successful they are. The recruitment procedures for the team are just as vague, the report said, noting that “there had not been an official recruitment process for CRT.” “According to members, some officers applied, were interviewed and were temporarily transferred into the unit to see if they were a good fit,” the report states. “Other officers worked with a member of CRT before joining, which enabled them to join the unit without an interview.” While unit leaders said their members are sent to communities with high numbers of 311 calls for quality-of-life concerns, the CRT doesn’t have a mechanism to see if the 311 calls decreased or increased following one of their operations. Anecdotally, DOI investigators were told by the CRT members they interviewed that communities are “applauding the work of CRT officers in public, including approaching CRT leadership and officers to say thank you.” Yet the DOI also met with “several community advocacy and violence interrupter groups who reported instances of intimidation, questionable stops by CRT, and fear of CRT by community members,” the report states, noting that investigators were “unable to speak with a fully representative sample of community members impacted by CRT’s work.” One of the biggest supporters of CRT is Daughtry, who repeatedly cheers the unit’s work on X. But even then, the successes Daughtry applauds vary wildly. On Monday alone, Daughtry hailed CRT’s crackdown on illegal street vendors on Sixth Ave. in Manhattan, then applauded three CRT members for arresting a man who pulled a gun on them in the Bronx. “Our officers in their unmarked police vehicle observed a group of men drinking alcohol on a street in the middle of the afternoon. As they watched them, one male looked at the car and asked our officers if they had a problem, removed a loaded firearm and held the gun in front of his waistband,” Daughtry wrote on X. “Our officers jumped out with their guns drawn and immediately apprehended the suspect and recovered his deadly weapon.” Daughtry said the arrest “marks the 100th gun your Citywide Community Response Team has removed from NYC streets this year.” The DOI sent a copy of its report to the NYPD on Nov. 7. The department has 90 days to respond to the report once it’s publicly released, a DOI spokeswoman said. “We thank the DOI for its review of the policies and procedures relating to the Community Response Team,” an NYPD spokesman said. “We look forward to reviewing the report and carefully considering its recommendations.” Meanwhile, Kayla Mamelak, a spokeswoman for Mayor Eric Adams, said the CRT Unit’s mission, basically, “is the same as that of all NYPD officers.” “Our Community Response Teams were created to rapidly address New Yorkers’ concerns about safety and have been effective since day one — the report doesn’t call any of that into question,” she said. “While we are still reviewing the report, CRT’s mission is the same as that of all NYPD officers, starting with listening to the community and addressing their needs. CRT members — along with the entire NYPD — work every day to improve life in New York City by partnering with the community to enforce laws, keep the peace, reduce fear and maintain order.” ------- ©2024 New York Daily News. Visit at nydailynews.com . Distributed by Tribune Content Agency, LLC.
Pakistan Stock Exchange (PSX) has maintained its strong performance for the second consecutive year, posting an impressive growth of around 80%. In 2024, the benchmark KSE-100 index surged by almost 80% as on December 28, the market closed at 111,351 points. It indicated an impressive rise over the same period of the previous year, when the market closed at 62,052. This growth trajectory was further evident while looking back at December 30, 2022, when the market stood at 40,420 points, reflecting a 46% increase by the close of 2023. JS Global Deputy Research Head Waqas Ghani Kukaswadia said the KSE-100 index reached an all-time high of 117k in intra-day trading during CY24, a remarkable achievement despite significant foreign portfolio investors' selling driven by rebalancing activities. In terms of fiscal year 2023-24, the KSE-100 surged by 89.24% to 78,445 points on June 30, 2024 compared to 41,453 points in the previous year. "This remarkable growth restored market capitalisation to Rs10.37 trillion, which shows a rebound to peak levels last seen in 2017," the PSX wrote in the annual report for 2024 "Ode to Service". The KSE-100 posted an impressive gain of 70% in CY24, its highest return since 2002 and becoming the second best-performing global market after Argentina, according to the Pakistan Strategy 2025 released by AKD. The index is forecast to reach 165,215 points by December 2025, reflecting a potential upside of 55.5%. This performance highlights the growing appeal of the PSX among global investors. Increased activity Starting at lower levels at the beginning of 2024, the KSE-100 index experienced steady growth, with significant momentum building from April onwards. The second half of the year witnessed a sharp rally, when the index reached the high of 117,039.18 before slightly stabilising. By December 27, 2024, the KSE-100 closed at 111,351.17, near its peak levels. The 52-week range for the year was between 58,758.48 and 117,039.18, reflecting substantial recovery and growth. On December 28, the market recorded a trading volume of 816 million shares. Trading activity reached unprecedented levels in 2024. The traded volume soared to 151.4 billion shares, almost double from 2023, while the daily traded value averaged Rs22.1 billion, demonstrating heightened investor participation and confidence, according to the PSX report. Macroeconomic reforms played a pivotal role in supporting the market's strong performance. Interest rates are projected to decline to single digits in CY25, driven by structural adjustments under the IMF's Extended Fund Facility. Inflation, which peaked at 38% in May 2023, has since been anchored to single digits, significantly boosting investor confidence, according to AKD. New listings The year saw the listing of 11 new companies, including prominent entities like the Symmetry Group and TPL REIT Fund-I. These equity listings collectively raised Rs103.3 billion, which showed growing corporate interest in tapping the PSX potential. PSX played a pivotal role in facilitating the issuance of 22 government of Pakistan's Ijarah Sukuk instruments that raised Rs687.81 billion. Additionally, the introduction of a one-year Discounted Ijarah Sukuk provided innovative opportunities for Shariah-compliant investments, further diversifying market offerings, according to the PSX. Two new exchange-traded funds (ETFs), including the Mahaana Islamic Index ETF, were launched in 2024. These ETFs focused on Shariah-compliant and sector-specific investments, expanding the options for investors and promoting inclusivity in financial instruments, according to AKD. Sector-specific highlights Several sectors emerged as top performers in 2024, including banks, fertiliser, energy, and technology. These sectors benefitted from a stable currency, monetary easing, and reform-driven growth. In the medium term, textile exports are expected to lead the market, while technology remains poised for long-term double-digit expansion, reflecting the evolving dynamics of Pakistan's economy, AKD said. Foreign investors have shown increased interest in Pakistani equities, spurred by the country's improved weight in the MSCI Frontier Markets Index (6.4%). Furthermore, the anticipated reclassification of Pakistani equities into the MSCI Emerging Markets Index has created additional momentum, with seven stocks meeting the reclassification criteria, it added. PSX introduced a sophisticated primary market auction system for government debt securities. The implementation of the One-Share Lot System further enhanced liquidity and aligned the exchange with international standards. The exchange prioritised digital expansion by launching tools like the My Portfolio web app and the PSX WhatsApp Service, which provided real-time market updates and investor education. These innovations made market participation more accessible and user-friendly. Economic outlook Pakistan's economic growth remained modest in FY24, with GDP expanding by 2.5%. However, projections indicate an uptick to 2.7-3.2% in FY25 and 4.3% in FY26, driven by industrial and services sector recovery. The current account is expected to maintain a surplus for the next two years, supported by strong remittance inflows and moderate import growth, according to AKD. Waqas Ghani Kukaswadia of JS Global said the State Bank continues monetary easing, reducing the policy rate by a further 200 basis points (bps) earlier this month to 13%, driven by a faster-than-expected decline in inflation. The Consumer Price Index for November 2024 stood at 4.9%. The State Bank has cut interest rate by 900 bps since the easing cycle began in July 2024. Real interest rates now stand at 9%. He forecast FY25 inflation at 6.5%, with a potential sixth interest rate cut, though smaller. He emphasised the importance of foreign capital, political stability, and IMF alignment for Pakistan's macroeconomic stability and investment prospects. Fiscal reforms resulted in a reduction in fiscal deficit to 5% of GDP in FY24, with further improvements anticipated, according to AKD. The government has implemented structural adjustments in taxation, energy tariffs, and investment frameworks to strengthen economic resilience and promote sustainable growth. Ahsan Mehanti, MD of Arif Habib Commodities, noted the PSX's strong performance despite low foreign direct investment and foreign outflows, driven by low inflation and SBP policy easing. He highlighted IMF disbursements and SBP oversight in stabilising the rupee. Looking ahead, falling lending rates, positive earnings forecasts, and regulatory changes in sectors like banking, pharma, and auto lending are expected to push the PSX to new records in 2025. The Special Investment Facilitation Council (SIFC) has emerged as a key driver of foreign direct investment, targeting annual inflows of $5 billion. Meanwhile, CPEC Phase 2.0 focuses on industrial, agricultural, and trade development, with significant emphasis on infrastructure and renewable energy projects, providing a transformative impact on Pakistan's economic landscape. COMMENTS Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see ourI'M A Celebrity star Reverend Richard Coles has shared his hilarious nickname - after revealing a shock habit in camp. The radio presenter and writer, 62, is a fan favourite in this year's series. In tonight's episode, the Church of England priest admitted to having a surprising nickname. Richard told his co-stars how his friend Kev had coined him "farting Father Coles." Earlier, Oti Mabuse joked Danny Jones fanning smoke from the campfire would, in turn, make any farts waft away. This prompted Richard to ask whether the former Strictly pro was a farter. Read more on I'm A Celeb Oti replied: "You are, you fart in your sleep , all the time!" A laughing Richard then apologised - as he shared his moniker with the other campmates. Earlier in the episode, Richard took part in a Bushtucker Trial - featuring a major show twist. Ant and Dec revealed the remaining eight campmates had a chance to win a golden ticket to Celebrity Cyclone. Most read in I’m A Celebrity 2024 In addition, they would also earn immunity from the next two public votes. Divided into two groups of four, Richard went up against GK Barry , Danny and Coleen Rooney . Named "The Arcade of Agony", each campmate had a claw machine with balls inside. Every ball contained tickets to put into the ticket deposit box. To even attempt using the machine, the celebs required coins, which were in a box filled with fish guts. Ant coached a struggling Richard, telling him: "Your technique's not great. You've really got to be over the top of the ball to grab it." Meanwhile, the usual stars to win meals for camp were up for grabs. i'm A Celebrity is back for its 24th series, with a batch of famous faces living in the Aussie jungle. The Sun's Jake Penkethman takes a look at the stars on the show this year.. Coleen Rooney - Arguably the most famous name in the camp, the leading WAG, known for her marriage to Wayne Rooney , has made a grand return to TV as she looks to put the Wagatha Christie scandal behind her. The Sun revealed the mum-of-four had bagged an eye-watering deal worth over £1.5million to be on the show this year making her the highest-paid contestant ever. Tulisa - The popstar and former X Factor judge has made her triumphant TV comeback by signing up to this year's I'm A Celeb after shunning TV shows for many years. Known for being a member of the trio, N-Dubz , Tulisa became a household name back in 2011 when she signed on to replace Cheryl on ITV show The X Factor in a multi-million pound deal. Alan Halsall - The actor, known for playing the long-running role of Tyrone Dobbs on ITV soap opera Coronation Street , was originally signed up to head Down Under last year but an operation threw his scheduled appearance off-course. Now he has become the latest Corrie star to win over both the viewers and his fellow celebrities. Melvin Odoom - The Radio DJ has become a regular face on TV screens after rising to fame with presenting roles on Kiss FM, BBC Radio 1 and 4Music. Melvin has already been for a spin on the Strictly dancefloor and co-hosted The Xtra Factor with Rochelle Humes in 2015 but now he is facing up to his biggest challenge yet - the Aussie jungle . GK Barry - The UK's biggest social media personality, GK, whose real name is Grace Keeling, has transformed her TikTok stardom into a lucrative career. Aside from her popular social media channels, she hosts the weekly podcast, Saving Grace, and regularly appears on ITV talk show, Loose Women . She has even gone on to endorse popular brands such as PrettyLittleThing, KFC and Ann Summers. Dean McCullough - A rising star amongst this year's bunch of celebs , Dean first achieved notability through his radio appearances on Gaydio and BBC Radio 1. He was chosen to join the BBC station permanently in 2021 and has featured prominently ever since. He has enjoyed a crossover to ITV over the past year thanks to his guest slots on Big Brother spin-off show, Late & Live. Oti Mabuse - The pro dancer has signed up to her latest TV show after making her way through the biggest programmes on the box. She originally found fame on Strictly Come Dancing but has since branched out into the world of TV judging with appearances on former BBC show The Greatest Dancer as well as her current role on ITV's Dancing On Ice . Danny Jones - The McFly star was drafted into the programme last minute as a replacement for Tommy Fury. Danny is the second member of McFly to enter the jungle , after Dougie Poynter won the show in 2011. He is also considered a rising star on ITV as he's now one of the mentors on their Saturday night talent show, The Voice , along with bandmate Tom Fletcher . Jane Moore - The Loose Women star and The Sun columnist is braving the creepy crawlies this year. The star is ready for a new challenge - having recently split from her husband . It will be Jane's first foray into reality TV with the telly favourite having always said no to reality shows in the past. Barry McGuigan - Former pro boxer Barry is the latest fighting champ to head Down Under following in the footsteps of Tony Bellew and Amir Khan . It comes after a tough few years for Irish star Barry, who lost his daughter Danika to bowel cancer . He told The Late Late Show in 2021: "She was such an intrinsic part of the family that every day we ache." Maura Higgins - The Irish TV beauty first found fame on Love Island where she found a brief connection with dancer Curtis Pritchard . Since then, she has competed on Dancing On Ice as well as hosting the Irish version of the beauty contest, Glow Up. Since last year, she has been working on building up her career in the US by being the social media correspondent and host of Aftersun to accompany Love Island USA. She even guest hosted an episode of the spin-off, Love Island Games, in place of Maya Jama last year. Rev. Richard Coles - Former BBC radio host the Rev Richard Coles is a late arrival on I’m A Celebrity , and he's ready to spill the beans on his former employer. The former Communards and Strictly star , said the BBC did not know its a**e from its elbow last year. An insider said: "Rev Coles will have a variety of tales to tell from his wild days as a pop star in the Eighties, through to performing on Strictly and his later life as a man of the cloth." As Coleen and Danny found a star each, the group earned two out of four possible stars. While the other celebs brought a further three stars back to camp. READ MORE SUN STORIES Who will win the coveted place in the Celebrity Cyclone? I'm A Celebrity continues on ITV1 and ITVX .
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NoneThe Nigeria Economic Summit Group (NESG) has identified about 150 opaque legislations inhibiting and weakening Nigeria’s economic growth. The Group said its dedicated center, Earnest Shonekan Centre, was currently working on these opaque legislations with a view to coming up with corrective versions. NESG Chief Executive Officer, Dr. Tayo Aduloju, disclosed this over the weekend at a quarterly engagement with the media. Reviewing economic performance in 2024, NESG suggested that the debt procured should be tied to projects abd not consumption. While he noted inflation was decelerating, he said the pace of declaration wasn’t one to be excited about. “This is because of the structural defects driving inflation – fuel subsidy removal, foreign exchange are still high,” he said. He said for economic growth to be achieved, growth would have to be redirected. “And there are a couple of other ones that need to be accelerated for us to drive growth. So I think there’s a lot on that. “Ultimately, we must redirect economic policy for growth. The balance sheet must reflect that growth. The investment priorities, the debt must reflect that growth. “Spending plans must reflect that we are prioritised for growth. But we cannot pursue growth without carrying our people along. Social investments must increase. “But without transmission efficiency and transparency, Nigerians will not accept that we are doing social investments. Like I said when I began, the social investments have struggled to gain citizen trust. Because a lot of them, the citizens, can’t see broad accountabilities for them. “On the look out, if you look at what’s happening in the inflation in terms of the momentum, the momentum has started slowing down”, he said. Speaking on the country’s debt profile, he said attention shouldn’t be on the debt profile but rather, the purposes the debts are put on to. “What do you do about the debt profile? The philosophy of sovereign debt has to do more with your strategy for growth. And I think the frustration should not be about the debt profile. The frustration is debt for what. “If all your debt is consumption debt, it’s not driving the factors of production, which triggers higher levels of productivity, which allows you to grow and, of course, allows you to pay for the debt when there’s a problem. “So I think our conversations should shift beyond debt to GDP, debt to revenue servicing. Before, debt to revenue servicing was a big problem.”The Next Evolution in Gaming: 포지 네오포지
The Gunners delivered the statement Champions League victory their manager had demanded to bounce back from a narrow defeat at Inter Milan last time out. Goals from Gabriel Martinelli, Kai Havertz, Gabriel Magalhaes, Bukayo Saka and Leandro Trossard got their continental campaign back on track, lifting them to seventh place with 10 points in the new-look 36-team table. It was Arsenal’s biggest away win in the Champions League since beating Inter by the same scoreline in 2003. “For sure, especially against opposition we played at their home who have not lost a game in 18 months – they have been in top form here – so to play with the level, the determination, the purpose and the fluidity we showed today, I am very pleased,” said Arteta. “The team played with so much courage, because they are so good. When I’m watching them live they are so good! They were all exceptional today. It was a big performance, a big win and we are really happy. “The performance was there a few times when we have played big teams. That’s the level that we have to be able to cope and you have to make it happen, and that creates belief.” A memorable victory also ended Sporting’s unbeaten start to the season, a streak of 17 wins and one draw, the vast majority of which prompted Manchester United to prise away head coach Ruben Amorim. The Gunners took the lead after only seven minutes when Martinelli tucked in Jurrien Timber’s cross, and Saka teed up Havertz for a tap-in to double the advantage. Arsenal added a third on the stroke of half-time, Gabriel charging in to head Declan Rice’s corner into the back of the net. To rub salt in the wound, the Brazilian defender mimicked Viktor Gyokeres’ hands-over-his-face goal celebration. That may have wound Sporting up as they came out after the interval meaning business, and they pulled one back after David Raya tipped Hidemasa Morita’s shot behind, with Goncalo Inacio netting at the near post from the corner. But when Martin Odegaard’s darting run into the area was halted by Ousmane Diomande’s foul, Saka tucked away the penalty. Substitute Trossard added the fifth with eight minutes remaining, heading in the rebound after Mikel Merino’s shot was saved. A miserable night for prolific Sporting striker Gyokeres was summed up when his late shot crashed back off the post.FBR brings reforms to clearance system without any loan
SAN JOSE – The San Jose Sharks activated center Nico Sturm off injured reserve Monday and made room for him on the 23-man roster by assigning defenseman Jack Thompson to the AHL’s San Jose Barracuda. The transactions mean that the Sharks currently have 14 forwards, six defensemen, and three goalies: Mackenzie Blackwood, Vitek Vanecek, and rookie Yaroslav Askarov. Sturm’s return to the Sharks’ active roster was believed to be imminent after he showed signs of improvement last week and practiced with the team on Sunday. He also took part in the Sharks’ morning skate on Monday, when he was officially considered a game-time decision by coach Ryan Warsofsky. The Sharks play the Los Angeles Kings on Monday night in the second game of a four-game homestand. Warsofsky did not say who his starting goalie would be. Warsofsky said he had a few players who were “nicked up” and considered game-time decisions, although it would be a surprise not to see Sturm, a mainstay as the Sharks’ fourth-line center, play against the Kings. Sturm, injured in the Sharks’ game earlier this month against the New York Rangers, is the Sharks’ faceoff leader by percentage and is one of the team’s leading penalty-killing forwards. Thompson has been on the Sharks’ roster for almost the entire season and played in 13 of the team’s 23 games. His five points are third-most among all Sharks defensemen, as he’s averaged just under 16 minutes of ice time per game. The Sharks have had three goalies on their roster since Nov. 18, when they recalled Askarov from the Barracuda. At the time, Vanecek was considered day-to-day with an upper-body injury, but Vanecek backed up Blackwood on Saturday in the Sharks’ 4-2 loss to the Buffalo Sabres. Askarov made his Sharks debut on Thursday, making 29 saves in a 3-2 shootout loss to the St. Louis Blues. It’s unclear how long the Sharks plan to keep three goalies on their active roster. Both Blackwood and Vanecek are pending unrestricted free agents, and speculation is that one could be dealt to another team before the NHL trade deadline on March 7. Kevin Weekes of ESPN and the NHL Network posted on the social media platform X on Monday that the Carolina Hurricanes “are exploring potential goalie options in the market.” Frederik Andersen is out eight to 12 weeks after knee surgery, and Pyotr Kochetkov left Saturday’s game at Columbus after colliding with defenseman Sean Walker. Kochetkov is now in concussion protocol.
Rokmaster Resources Corp. ( CVE:RKR – Get Free Report )’s share price dropped 25% on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 396,000 shares changed hands during mid-day trading, an increase of 182% from the average daily volume of 140,187 shares. The stock had previously closed at C$0.02. Rokmaster Resources Price Performance The company has a market cap of C$2.45 million, a P/E ratio of -0.30 and a beta of 2.99. The company’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a debt-to-equity ratio of 103.54, a current ratio of 0.02 and a quick ratio of 0.60. About Rokmaster Resources ( Get Free Report ) Rokmaster Resources Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North, Central, and South America. It explores for zinc, lead, silver, copper, gold, and polymetallic deposits, as well as precious metals. The company holds a 100% in the Duncan Lake property comprising 35 contiguous mineral claims that covers an area of 3,929 hectares; and a 55% interest in the Big Copper property located in the Slocan Mining Division in southeast British Columbia, Canada. Recommended Stories Receive News & Ratings for Rokmaster Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rokmaster Resources and related companies with MarketBeat.com's FREE daily email newsletter .
NEW YORK, Dec. 28, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it has filed a class action lawsuit for violations of the federal securities laws against ASML Holding N.V. ASML and certain of the Company's senior executives. If you invested in ASML, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/asml-holding-nv . Investors have until January 13, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in ASML ordinary shares, call options, and/or put options. The case is pending in the U.S. District Court for the Southern District of New York and is captioned Matar v. ASML Holding N.V., et al. , No. 24-cv-9908. What is the Lawsuit About? ASML is a leading supplier to the semiconductor industry, providing photolithography machines to chipmakers that are used in the semiconductor fabrication process. The complaint alleges that ASML repeatedly represented to shareholders that new export controls on semiconductor technology announced by the Dutch government would not have a material effect on ASML's financial outlook, and that ASML was on a path to recovery in its sales. On October 15, 2024, ASML announced earnings significantly lower than expectations. The Company attributed this to a market that was "taking longer to recover" and admitted that "[i]t now appears the recovery is more gradual than previously expected." On this news, the price of the Company's stock fell 16%, from a closing price of $872.27 per share on October 14, 2024, to $730.43 per share on October 15, 2024. Then, during the accompanying earnings call with investors on October 16, 2024, the Company attributed the poor earnings results to "a reflection of the slow recovery in the traditional [semiconductor] end markets as customers remain cautious in the current environment." The Company also disclosed that the decline in ASML's sales to China would also negatively impact the Company's gross margins. On this news, the price of the Company's stock fell 6.4%, from a closing price of $730.43 per share on October 15, 2024, to $683.52 per share on October 16, 2024. Click here if you suffered losses: https://www.bfalaw.com/cases-investigations/asml-holding-nv . What Can You Do? If you invested in ASML you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases-investigations/asml-holding-nv Or contact: Ross Shikowitz ross@bfalaw.com 212-789-3619 Why Bleichmar Fonti & Auld LLP? Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs' Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors (pending court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com . https://www.bfalaw.com/cases-investigations/asml-holding-nv Attorney advertising. Past results do not guarantee future outcomes. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The Government is committed to building a civil service with a strong reputation for excellence, says Minister of Finance and the Public Service, Fayval Williams. Speaking during the Jamaica Civil Service Long Service Awards Ceremony at King's House on Wednesday, Williams said the aim is to achieve “world class service delivery”. “We must constantly strive to improve systems, drive efficiency and think innovatively,” she emphasised, adding that the awardees represented the “very best” of the public sector, who implement best practices across ministries, departments and agencies. “They prioritise co-creation of value and the public good, and governments have been forced to move faster and more efficiently to engage with a diverse and competitive range of stakeholders,” the minister said. Williams pointed out that the public sector continues to evolve with the use of technology, and has embraced the general shift in conducting business, adding that public sector employees have demonstrated their commitment to the transformation process. Jamaica Civil Service Association (JCSA) President, Techa Clarke Griffiths, said the awardees' commitment “has inspired us, and we want to thank them for setting the standard and the bar very high.” “Your longstanding contributions to the nation have not gone unnoticed, and your unwavering service embodies core values and integrity,” she stated. A total of 497 civil servants were recognised for their dedication to the public sector for 25 years and more. Citations presented to them highlighted their sterling contribution and the pivotal role they play in advancing the nation. Follow The Gleaner on X and Instagram @JamaicaGleaner and on Facebook @GleanerJamaica. Send us a message on WhatsApp at 1-876-499-0169 or email us at onlinefeedback@gleanerjm.com or editors@gleanerjm.com .
With the holiday season now under way, Visa, the global leader in digital payments, has told shoppers to stay vigilant amid a rise in fraud schemes. Visa’s Payment Ecosystem Risk and Control (PERC) team released the 2024 Holiday Threats Report, outlining common methods fraudsters use to steal money, data, and account details while people plan their festivities. This report identifies four common ‘Top Holiday Shopping Scams’ people should be aware of and also outlines precautions a person could take. The first is Phishing and Social Engineering. Visa said that scammers impersonate trusted sources to steal personal information through emails, texts, and calls. “Consumers should be wary of common scams to obtain financial details, including emails/texts about fraudulent Black Friday deals, travel discounts, and package delivery updates. They also orchestrate more sophisticated frauds such as digital arrests where one is held to ransom through their phone on false pretexts that can be very harrowing for the lay consumer.” Fraudsters also use real platforms to post fake job ads and demand payments for false expenses such as background checks. Consumers should also be careful before donating to charities they don’t know. The second identified by Visa is Scam Websites. “Fake online stores and imitations of real brands are a growing threat in ecommerce,” says Visa. “Such sites have increased with scammers building almost legitimate looking websites, and using search engines and social media ads to attract buyers with unrealistic deals on luxury or popular items, with no delivery of goods.” “Consequently, victims could either lose money or share sensitive information that fraudsters use for other nefarious activities.” Travel Scams have also been identified by Visa during the holiday season as many fraudulent travel websites are positioned as authentic and appealing, with deals like “last minute price drop”. Scammers make these websites as close to real and offer discounts on travel-related expenses such as flights, taxis and hotels. “Consumers may also receive phishing emails with fake flight cancellation notices and be asked to pay for rebooking, or see advertisements with fake vacation rentals at low prices, that collect deposits for non-existent properties.” Consumers should steer clear of malicious festival-based apps such as Santa Trackers or holiday planners that are loaded with malware. These apps can steal login and payment details when downloaded. Visa says people should always be vigilant in busy malls and public spaces that are hotspots for thieves as Theft and Skimming can happen. [Continue with the visa logo...] Common risks include physical theft or pick pocketing of cards and wallets. Beware of skimming devices fitted on legitimate ATMs or payment terminals to collect card information; always choose to tap and pay where possible. Visa offers these tips to protect people during the holiday season. How you can stay safe • Don’t click on links in unsolicited/unknown emails or texts. • Check websites for legitimacy before making purchases. Genuine URLs will ideally start with “https://”. • Use only trusted platforms or agents for travel bookings. • Keep wallets and devices secure in crowded places. • Report suspicious activity at ATMs or payment terminals immediately to the nearest authority.London, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Pixalate, the market-leading ad fraud protection, privacy, and compliance analytics platform, today released the Brazil Programmatic Ad Seller Quality Rankings Q3 2024 for Web and Mobile to rank programmatic ad sellers across desktop and mobile web and mobile apps . The first-of-its-kind rankings, using SupplyChain Object (SCO) data, offer a comprehensive global view of programmatic ad sellers based on quality across the advertising supply chain, as measured by Pixalate. Pixalate’s Seller Trust Indexes feature country-level seller ratings in 140+ countries for 580+ sellers. The rankings are based on an analysis of over 50 billion monthly programmatic advertising impressions from Q3 2024. Top Programmatic Web Ad Sellers in Brazil (Q3 2024) See more in the Web Seller Trust Index . Top Programmatic Mobile Ad Sellers in Brazil (Q3 2024) See more in the Mobile Seller Trust Index . Pixalate’s Seller Trust Indexes provide a full view of the ad supply chain ecosystem. In doing so, the Indexes aim to foster economic fairness, encourage competition, and highlight the full range of sellers available to buyers, including each sellers’ relative strengths and weaknesses in each country. Explore all of Pixalate’s Seller Trust Indexes: Web Seller Trust Index Mobile Seller Trust Index CTV Seller Trust Index About Pixalate Pixalate is a global platform specializing in privacy compliance, ad fraud prevention, and digital ad supply chain data intelligence. Founded in 2012, Pixalate is trusted by regulators, data researchers, advertisers, publishers, ad tech platforms, and financial analysts across the Connected TV (CTV), mobile app, and website ecosystems. Pixalate is accredited by the MRC for the detection and filtration of Sophisticated Invalid Traffic (SIVT). pixalate.com Disclaimer The content of this press release, and the Seller Trust Indexes (collectively, the "Indexes"), reflect Pixalate's opinions with respect to factors that Pixalate believes may be useful to the digital media industry. As cited in the Indexes, the ratings and rankings in the Indexes are based on a number of metrics and Pixalate's opinions regarding the relative performance of each seller with respect to the metrics. The data is derived from buy-side, predominantly open auction, programmatic advertising transactions, as measured by Pixalate. The Indexes examine global advertising activity. Any insights shared are grounded in Pixalate's proprietary technology and analytics, which Pixalate is continuously evaluating and updating. Any references to outside sources in the Indexes and herein should not be construed as endorsements. Pixalate's opinions are just that, opinions, which means that they are neither facts nor guarantees; and neither this press release nor the Indexes are intended to impugn the standing or reputation of any person, entity or app. Per the MRC , “'Fraud' is not intended to represent fraud as defined in various laws, statutes and ordinances or as conventionally used in U.S. Court or other legal proceedings, but rather a custom definition strictly for advertising measurement purposes. Also per the MRC , “‘Invalid Traffic’ is defined generally as traffic that does not meet certain ad serving quality or completeness criteria, or otherwise does not represent legitimate ad traffic that should be included in measurement counts. Among the reasons why ad traffic may be deemed invalid is it is a result of non-human traffic (spiders, bots, etc.), or activity designed to produce fraudulent traffic.”
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