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NoneMutual of America Capital Management LLC grew its holdings in Seagate Technology Holdings plc ( NASDAQ:STX – Free Report ) by 5.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,853 shares of the data storage provider’s stock after acquiring an additional 1,227 shares during the period. Mutual of America Capital Management LLC’s holdings in Seagate Technology were worth $2,832,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds have also recently made changes to their positions in STX. Natixis Advisors LLC boosted its position in shares of Seagate Technology by 6.2% during the third quarter. Natixis Advisors LLC now owns 70,117 shares of the data storage provider’s stock worth $7,680,000 after acquiring an additional 4,094 shares during the last quarter. Mizuho Markets Americas LLC bought a new position in shares of Seagate Technology during the 3rd quarter valued at about $32,598,000. Empowered Funds LLC grew its position in shares of Seagate Technology by 6.8% during the third quarter. Empowered Funds LLC now owns 3,274 shares of the data storage provider’s stock valued at $359,000 after purchasing an additional 209 shares in the last quarter. CIBC Asset Management Inc increased its holdings in shares of Seagate Technology by 14.4% in the third quarter. CIBC Asset Management Inc now owns 30,578 shares of the data storage provider’s stock worth $3,349,000 after purchasing an additional 3,848 shares during the last quarter. Finally, ING Groep NV lifted its position in shares of Seagate Technology by 10.0% in the third quarter. ING Groep NV now owns 19,785 shares of the data storage provider’s stock worth $2,167,000 after buying an additional 1,805 shares in the last quarter. Institutional investors own 92.87% of the company’s stock. Insider Activity In other news, Director Yolanda Lee Conyers sold 750 shares of the stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $96.10, for a total transaction of $72,075.00. Following the transaction, the director now directly owns 3,034 shares in the company, valued at approximately $291,567.40. This trade represents a 19.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Also, EVP Ban Seng Teh sold 4,872 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $110.00, for a total transaction of $535,920.00. Following the completion of the transaction, the executive vice president now directly owns 9,969 shares of the company’s stock, valued at $1,096,590. This trade represents a 32.83 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 201,820 shares of company stock worth $21,892,856. Company insiders own 0.81% of the company’s stock. Seagate Technology Price Performance Seagate Technology ( NASDAQ:STX – Get Free Report ) last posted its quarterly earnings results on Tuesday, October 22nd. The data storage provider reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.28. Seagate Technology had a net margin of 11.34% and a negative return on equity of 32.19%. The firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the previous year, the firm posted ($0.34) earnings per share. The company’s revenue was up 49.1% on a year-over-year basis. On average, equities analysts anticipate that Seagate Technology Holdings plc will post 7.18 earnings per share for the current fiscal year. Seagate Technology Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Sunday, December 15th will be given a dividend of $0.72 per share. This is an increase from Seagate Technology’s previous quarterly dividend of $0.70. The ex-dividend date is Friday, December 13th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.89%. Seagate Technology’s dividend payout ratio is presently 73.11%. Analyst Ratings Changes A number of analysts have issued reports on STX shares. Citigroup lifted their price objective on Seagate Technology from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Northland Securities upped their price target on shares of Seagate Technology from $142.00 to $144.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Wedbush reissued an “outperform” rating and issued a $150.00 price objective on shares of Seagate Technology in a research note on Wednesday, October 23rd. Evercore ISI upped their target price on shares of Seagate Technology from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Finally, Rosenblatt Securities lifted their price target on Seagate Technology from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $118.83. View Our Latest Report on Seagate Technology Seagate Technology Profile ( Free Report ) Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. Further Reading Receive News & Ratings for Seagate Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seagate Technology and related companies with MarketBeat.com's FREE daily email newsletter .Brooklyn Nets @ Sacramento Kings Current Records: Brooklyn 6-10, Sacramento 8-8 When: Sunday, November 24, 2024 at 9 p.m. ET Where: Golden 1 Center -- Sacramento, California TV: NBC Sports California Follow: CBS Sports App Online streaming: fuboTV (Try for free. Regional restrictions may apply.) Ticket Cost: $25.00 The Nets and the Kings are an even 5-5 against one another since November of 2019, but not for long. The Brooklyn Nets will face off against the Sacramento Kings at 9:00 p.m. ET on Sunday at Golden 1 Center. Neither of those teams managed to put together many points in their previous contests, so the offenses might be a little more motivated than usual. The Nets are headed into this one after the oddsmakers set last week's over/under low at 214.5, but even that wound up being too high. They took a 113-98 bruising from the 76ers on Friday. The Nets' defeat came about despite a quality game from Cameron Johnson, who went 9 for 13 from beyond the arc en route to 37 points. Johnson is trending in the right direction considering he's improved his point production for four straight games. Meanwhile, the point spread may have favored the Kings last Friday, but the final result did not. The matchup between them and the Clippers wasn't a total blowout, but with the Kings falling 104-88 on the road it was darn close to turning into one. The contest marked Sacramento's lowest-scoring match so far this season. The Kings' loss shouldn't obscure the performances of De'Aaron Fox, who had 29 points along with seven assists and seven rebounds, and Domantas Sabonis, who dropped a double-double on 24 points and 15 rebounds. Fox's evening made it five games in a row in which he has scored at least 30 points. DeMar DeRozan, on the other hand, was considerably less helpful: he went 0-5 from beyond the arc. Perhaps unsurprisingly given the score, the Kings struggled to work together and finished the game with only 19 assists. They were destroyed by their opponents in that department as the Clippers posted 27. Brooklyn's defeat was their third straight on the road, which dropped their record down to 6-10. As for Sacramento, they have been struggling recently as they've lost three of their last four games, which put a noticeable dent in their 8-8 record this season. The Nets are hoping to beat the odds on Sunday, as the experts think they're headed for a loss. Anyone thinking of taking them against the spread should keep this in mind: the team hasn't covered the last four times they've played Sacramento. The Nets might still be hurting after the devastating 107-77 loss they got from the Kings when the teams last played back in April. That matchup was pretty much over by halftime, at which point the Nets were down 65-40. Sacramento is a big 8.5-point favorite against Brooklyn, according to the latest NBA odds . The oddsmakers had a good feel for the line for this one, as the game opened with the Kings as a 7.5-point favorite. The over/under is 222 points. See NBA picks for every single game, including this one, from SportsLine's advanced computer model. Get picks now . Sacramento and Brooklyn both have 5 wins in their last 10 games. Apr 07, 2024 - Sacramento 107 vs. Brooklyn 77 Dec 11, 2023 - Sacramento 131 vs. Brooklyn 118 Mar 16, 2023 - Sacramento 101 vs. Brooklyn 96 Nov 15, 2022 - Sacramento 153 vs. Brooklyn 121 Feb 14, 2022 - Brooklyn 109 vs. Sacramento 85 Feb 02, 2022 - Sacramento 112 vs. Brooklyn 101 Feb 23, 2021 - Brooklyn 127 vs. Sacramento 118 Feb 15, 2021 - Brooklyn 136 vs. Sacramento 125 Aug 07, 2020 - Brooklyn 119 vs. Sacramento 106 Nov 22, 2019 - Brooklyn 116 vs. Sacramento 97

RALEIGH, N.C. (AP) — North Carolina Lt. Gov. Mark Robinson will not appear at former President Donald Trump ’s rally on Saturday in the battleground state following a CNN report about Robinson’s alleged disturbing online posts, an absence that illustrates the liability the gubernatorial candidate poses for Trump and downballot GOP candidates. Robinson is not expected to attend the event in Wilmington, according to a person on the Trump campaign and a second person familiar with the matter who spoke on condition of anonymity to discuss internal planning. Robinson has been a frequent presence at Trump's North Carolina campaign stops. The Republican nominee has referred to Robinson, who is Black, as “Martin Luther King on steroids" and long praised him. But in the wake of Thursday's CNN report , the Trump campaign issued a statement that didn't mention Robinson and instead spoke generally about how North Carolina was key to the campaign's efforts. Robinson's campaign didn't respond to a text Friday seeking confirmation on his Saturday plans. The deadline in state law for Robinson to withdraw as the Republican candidate for governor passed late Thursday. State Republican leaders could have picked a replacement had a withdrawal occurred. Robinson has denied writing the posts, which include racial and sexual comments. He said he wouldn't be forced out of the race by “salacious tabloid lies.” While Robinson won his GOP gubernatorial primary in March, he's been trailing in several recent polls to Democratic nominee Josh Stein , the state's attorney general. “Let me reassure you the things that you will see in that story — those are not the words of Mark Robinson,” he told supporters in a video released Thursday by his campaign. “You know my words. You know my character.” State law says a gubernatorial nominee had until the day before the first absentee ballots requested by military and overseas voters are distributed to withdraw. They were distributed starting Friday. Robinson has a history of inflammatory comments that Stein has said made him too extreme to lead North Carolina. They already have contributed to the prospect that campaign struggles for Robinson could help Democratic Vice President Kamala Harris win the state’s 16 electoral votes. Democrats jumped on Robinson and other Republicans after the report aired, showing on social media photos of Robinson with Trump or with other GOP candidates, attempting to tarnish them by association. Losing swing district races for a congressional seat and the General Assembly would endanger the GOP’s control of the U.S. House and retaining veto-proof majorities at the legislature. “The fallout is going to be huge,” Chris Cooper, a political science professor at Western Carolina University, said Friday. “The Democrats are counting on this ... having a big effect.” But Cooper said Republicans could limit problems to the governor's race only if upward ticket-splitting trends among voters continue. Harris' campaign rolled out a new ad Friday it calls the first to link Trump to a down-ballot candidate. The commercial alternates between Trump’s praise for Robinson and the lieutenant governor’s comments which his critics have argued show his support for a statewide abortion ban without exceptions. Robinson's campaign have said that's not true. The Democratic National Committee is also running billboards in three major North Carolina cities showing a photo of Robinson and Trump and comments Trump has said about him. And a fundraising appeal Friday by Jeff Jackson, Democratic attorney general candidate, also includes a past video showing Republican opponent Dan Bishop saying he endorsed Robinson. “Every North Carolinian when they go to vote ought to look at whether a candidate has done that, because that sends a strong message about who you are as a candidate,” Democratic Gov. Roy Cooper, a top Harris surrogate, said at a Friday news conference. CNN's story, which describes a series of comments that it said Robinson posted on the message board more than a decade ago, sent tremors through the state’s political class, particularly Republicans. While the state Republican Party came to Robinson’s defense late Thursday pointing out he's “categorically denied the allegations,” party Chairman Jason Simmons put out his own statement Friday calling them “deeply troubling” and that Robinson "needs to explain them to the people of North Carolina.” U.S. Sen. Thom Tillis , R-N.C., who endorsed a Robinson rival in the primary, said on X that Thursday “was a tough day, but we must stay focused on the races we can win.” He didn't mention the governor's race. U.S. Rep. Richard Hudson of North Carolina, chairman of House Republicans' campaign arm, discounted Robinson’s impact in North Carolina congressional races. CNN reported that Robinson, who would be North Carolina’s first Black governor, attacked on the message board civil rights leader Martin Luther King Jr. in searing terms and once referred to himself as a “black NAZI.” CNN also reported that Robinson wrote of being aroused by a memory of “peeping” women in gym showers when he was 14 along with an appreciation of transgender pornography. Robinson at one point referred to himself as a “perv,” according to CNN. The Associated Press has not independently confirmed that Robinson wrote and posted the messages. CNN said it matched details of the account on the pornographic website forum to other online accounts held by Robinson by comparing usernames, a known email address and his full name. CNN reported that details discussed by the account holder matched Robinson’s age, length of marriage and other biographical information. It also compared figures of speech that were used in his public Facebook profile and that appeared in discussions by the account on the pornographic website. This story was first published on Sep. 20, 2024. It was updated on Nov. 22, 2024 to correct which of Robinson’s social media accounts CNN cited in a comparison to language in messages from a pornographic website message board. CNN cited his public Facebook account, not his Twitter account. Price reported from New York. Associated Press writers Kevin Freking in Washington, Meg Kinnard in Chapin, South Carolina and Makiya Seminera in Raleigh contributed to this report.

In recent years, the collective perception of economic conditions and the future seems to be marked by increasing pessimism. Looking around us, we might think we are living in troubled times. Indeed, we have lived through global financial crises like the one in 2008, a pandemic, and other major events, but the impact of these events is often magnified. The focus on negative news in the media and social media can fuel a sense of insecurity and fear about the present and the future. Moreover, human nature predisposes us to pay more attention to negative news, thus increasing the feeling of insecurity. The result is a distorted (as I will show below) but widespread perception that the "golden age" belongs to the past, while the present is dominated by instability and decline. But economic indicators - objective barometers of the state of the economy - offer us a different perspective: the golden age is not to be found in the past, but rather in the present. In this sense, the graph below shows us that today, we are crossing an extraordinary, unprecedented chapter in Romania's economic history. Analyzing the evolution of GDP per capita adjusted to purchasing power parity (a relevant benchmark for measuring economic progress and convergence) from 1862 to today, compared to the developed countries of Western Europe (Germany, France, Great Britain, Italy and Spain), we discover a surprising evolution, culminating in a remarkable performance in recent years. This series of data, probably one of the most extensive of its kind, shows that Romania's level of development has fluctuated between 20% and 40% of the Western European average for about 140 years, maintaining an average of about 30 %. However, in the last two to three decades, Romania has registered accelerated economic growth, which can be considered a real "economic miracle,” propelling us towards a unique level of well-being in our entire history, with increased access to goods and services. After almost a century and a half of underdevelopment, we have overcome the status of a low-income economy and advanced to a medium level of development. From a country deeply affected by the transition from a centralized to a market economy, we have become a complex economy, comparable to the economies of Central and Eastern European countries such as Poland, Slovakia, and Hungary, which are also in the range of 70-80% of the EU average in terms of GDP/ capita PPP. We are at a point where, despite internal and external challenges, we have made important progress, and economically and in terms of living standards, we are closer to the West than we have ever been. A convergence as rapid as that experienced by Romania (and the Central and Eastern European region) in the last two and a half decades is rare. In Romania, the GDP per capita, in terms of purchasing power parity (PPP) compared to the EU average, increased spectacularly from approximately 25% to almost 80% during this period. Although regional disparities still persist in our country, overall progress is undeniable. However, the overall picture of Romania's economic progress hides at least 42 nuances (the 41 counties plus the capital), reflecting notable geographical differences. Although the indicators at the national level show a clearly positive trend, regional inequalities and economic differences between counties create a much more complex and fragmented reality. Even in areas considered developed, there are social groups that have not benefited to the same extent from the process of economic convergence. The economic differences between Romania's counties are obvious. The less-performing areas in terms of GDP per capita reach barely 44-48% of the national average, while top counties such as Brașov, Timiș, and Cluj reach values between 116% and 145%. Bucharest stands out, reaching 280% of the national average. Counties with higher economic performance are generally able to offer higher wages to employees, which increases inequality. Although it is probably the most commonly used indicator to measure economic progress, GDP does not fully capture the true well-being of the population. If we look at stock indicators such as net financial wealth per capita, in contrast to flow indicators such as GDP per capita, we see a gap compared to our neighbors in Central and Eastern Europe. This suggests that while economic growth has been robust, wealth accumulation at the individual level remains a challenge. Although the economic convergence is as clear as possible, the main question mark remains the sustainability of this positive trend. We have a long way to go until the well-being of each county and each social category in Romania approaches the level of those in the European Union. Reality is complex, with many nuances. Furthermore, how we feel – our level of happiness and contentment – depends on a multitude of factors. GDP per capita is a simple indicator and cannot capture the complexity of human feelings. Moreover, certain cognitive biases can distort our perception of the past and present, such as " rosy retrospection ” (the tendency to idealize the past). Many tend to remember their youth or past times as better than they actually were. But returning to the topic of convergence, the question naturally arises: how was this spectacular progress over the last 20-25 years possible? The short answer is: European integration. The European project has a profound impact on our lives, promoting economic cooperation, raising living standards and supporting democracy, freedom and peace among member states. Membership of the European Union played an essential role in the convergence process of Central and Eastern European countries, including Romania. The accelerated development of this region in the last two decades is a case study, a rare example in economic history that highlights the advantages of European integration. Integration into the European Union gave Romania access to a vast common market, structural funds, and unprecedented investment opportunities. The adoption of European standards, the implementation of structural reforms, and the strengthening of democratic institutions were key elements in this process. This success formula can serve as an example for other countries that aspire to European integration, such as the Republic of Moldova. In the context of the recent elections in the Republic of Moldova, the European path is not only a geopolitical option but also a real opportunity for economic development and prosperity, even if this process is long-lasting and will require sustained efforts. According to economic theory, growth is based on two fundamental elements: labor force contribution (number of employees and hours worked – L) and labor productivity (LP). The latter is determined by capital (equipment, factories, infrastructure – K) and total factor productivity (TFP), a measure of the efficiency of the use of economic resources, which reflects innovation, technological progress and the quality of management. To illustrate this concept, imagine a worker from Central and Eastern Europe in a company in Western Europe or the United States. We often observe that it becomes as productive as its Western counterparts. On the other hand, if an employee in a highly developed country were to work in an environment with limited resources, his productivity would decline considerably. This emphasizes the key role that capital and technology play in increasing productivity. European integration has allowed the Romanian workforce to become approximately three times more productive today compared to the beginning of this century, unlocking huge growth potential. Romania's transformation from a closed economy to an open market economy has made it possible for us to participate in international trade and integrate into global value chains. This path has brought challenges and intense competition, but the positive impact on the economy is undeniable. In addition, European funds have supported essential reforms and investments in infrastructure and public services, contributing directly to economic growth. Foreign direct investment (FDI) has also played a decisive role, providing capital and increasing total factor productivity through the transfer of technology and managerial expertise, indispensable elements of a modern economy. Last but not least, strong institutions have played a key role in this transformation, as argued by the 2024 Nobel Prize laureates in Economics, Daron Acemoglu, Simon Johnson, and James Robinson, in their studies of how institutions influence the prosperity of nations. We adopted models, legislative frameworks, and knowledge systems developed and successfully tested in Western Europe, which contributed to increasing Romania's economic stability and competitiveness. In the last quarter of a century, Romania reached an average rate of convergence with the EU average of approximately 2 percentage points per year, but with the approach to the European level, the road becomes increasingly difficult. The pace of convergence is expected to slow in the coming years, both because of the complexity of the next steps and the specific challenges looming on the horizon. The threat of the "middle-income trap" appears, specific to developing countries that have difficulty taking the next step and becoming developed economies. The first limiting factor is the proximity to the technological frontier. If the jump from 25% to 75% of the EU average was challenging but achievable, the increase from 75% to 100% requires constant innovation and massive investment in technology. A relevant analogy would be driving a car in fog on a winding mountain road. Initially, we follow the lights of the car in front (Western models), but once we pass it, we realize that we no longer have a clear guide and must discover our own direction. At the technological frontier, progress depends on our ability to innovate and adapt. The labor market represents another challenge on the road to full convergence. If in the 2000s Romania had a high unemployment rate and a relatively cheap workforce, today the situation has changed. In the context of a reduced natural increase and the problem of emigration, access to highly qualified labor is becoming increasingly difficult. Fiscal policy also becomes a limiting factor. Given that larger, unsustainable deficits have been tolerated in recent years, we see that public debt has grown rapidly, from around 12% of GDP in 2007 to almost 52% in 2024. Prudent management of public finances and gradual fiscal consolidation are essential for maintaining economic stability. European funds will continue to play an important role, but their contribution may diminish in the medium term. As we approach the standard of living of the more developed states in the EU, financial resources will have to be directed to other priorities of the Union. The EU itself faces major challenges, such as the need to improve economic competitiveness (as the Draghi report points out) alongside other strategic initiatives (e.g., defense), supporting other states pursuing the integration or reconstruction of Ukraine. Foreign direct investment (FDI) is another element but with mixed prospects. On the one hand, the tense geopolitical context can discourage investors, who become more cautious in their decisions. On the other hand, the trends of near-shoring and friend-shoring – relocating production closer to the markets or in friendly countries – can create opportunities for Romania if we manage to attract these investments through appropriate policies. In order to continue the convergence process, Romania must develop internal engines of economic growth. A possible catalyst (country project) could be joining the Eurozone. The preparation process and reforms required for the adoption of the euro can stimulate the modernization of the economy and strengthen investor confidence. The road to the euro area is as important as the actual adoption of the single currency. With realistic optimism, it can be said that by the end of this decade, Romania could reach 85-90% of the EU development average. So when was or is the "golden age"? There are objective arguments to suggest that we are in a special time economically, with remarkable progress and unique opportunities. However, as one experienced former central banker said, just like in a relationship, the golden age in economics is often only seen when things stop working. Personally, I would like to believe that our true economic golden age is just ahead, waiting to be built by our efforts and aspirations. In a global context marked by immense challenges, Romania has a real chance to continue its progress. But this chance requires work, vision and commitment, and the first test awaits us next year itself, when we will be faced with the need to gradually reduce macroeconomic vulnerabilities, especially the budget deficit. --- In recent years, the collective perception of economic conditions and the future seems to be marked by increasing pessimism. Looking around us, we might think we are living in troubled times. Indeed, we have lived through global financial crises like the one in 2008, a pandemic, and other major events, but the impact of these events is often magnified. The focus on negative news in the media and social media can fuel a sense of insecurity and fear about the present and the future. Moreover, human nature predisposes us to pay more attention to negative news, thus increasing the feeling of insecurity. The result is a distorted (as I will show below) but widespread perception that the "golden age" belongs to the past, while the present is dominated by instability and decline. But economic indicators - objective barometers of the state of the economy - offer us a different perspective: the golden age is not to be found in the past, but rather in the present. In this sense, the graph below shows us that today, we are crossing an extraordinary, unprecedented chapter in Romania's economic history. Analyzing the evolution of GDP per capita adjusted to purchasing power parity (a relevant benchmark for measuring economic progress and convergence) from 1862 to today, compared to the developed countries of Western Europe (Germany, France, Great Britain, Italy and Spain), we discover a surprising evolution, culminating in a remarkable performance in recent years. This series of data, probably one of the most extensive of its kind, shows that Romania's level of development has fluctuated between 20% and 40% of the Western European average for about 140 years, maintaining an average of about 30 %. However, in the last two to three decades, Romania has registered accelerated economic growth, which can be considered a real "economic miracle,” propelling us towards a unique level of well-being in our entire history, with increased access to goods and services. After almost a century and a half of underdevelopment, we have overcome the status of a low-income economy and advanced to a medium level of development. From a country deeply affected by the transition from a centralized to a market economy, we have become a complex economy, comparable to the economies of Central and Eastern European countries such as Poland, Slovakia, and Hungary, which are also in the range of 70-80% of the EU average in terms of GDP/ capita PPP. We are at a point where, despite internal and external challenges, we have made important progress, and economically and in terms of living standards, we are closer to the West than we have ever been. A convergence as rapid as that experienced by Romania (and the Central and Eastern European region) in the last two and a half decades is rare. In Romania, the GDP per capita, in terms of purchasing power parity (PPP) compared to the EU average, increased spectacularly from approximately 25% to almost 80% during this period. Although regional disparities still persist in our country, overall progress is undeniable. However, the overall picture of Romania's economic progress hides at least 42 nuances (the 41 counties plus the capital), reflecting notable geographical differences. Although the indicators at the national level show a clearly positive trend, regional inequalities and economic differences between counties create a much more complex and fragmented reality. Even in areas considered developed, there are social groups that have not benefited to the same extent from the process of economic convergence. The economic differences between Romania's counties are obvious. The less-performing areas in terms of GDP per capita reach barely 44-48% of the national average, while top counties such as Brașov, Timiș, and Cluj reach values between 116% and 145%. Bucharest stands out, reaching 280% of the national average. Counties with higher economic performance are generally able to offer higher wages to employees, which increases inequality. Although it is probably the most commonly used indicator to measure economic progress, GDP does not fully capture the true well-being of the population. If we look at stock indicators such as net financial wealth per capita, in contrast to flow indicators such as GDP per capita, we see a gap compared to our neighbors in Central and Eastern Europe. This suggests that while economic growth has been robust, wealth accumulation at the individual level remains a challenge. Although the economic convergence is as clear as possible, the main question mark remains the sustainability of this positive trend. We have a long way to go until the well-being of each county and each social category in Romania approaches the level of those in the European Union. Reality is complex, with many nuances. Furthermore, how we feel – our level of happiness and contentment – depends on a multitude of factors. GDP per capita is a simple indicator and cannot capture the complexity of human feelings. Moreover, certain cognitive biases can distort our perception of the past and present, such as " rosy retrospection ” (the tendency to idealize the past). Many tend to remember their youth or past times as better than they actually were. But returning to the topic of convergence, the question naturally arises: how was this spectacular progress over the last 20-25 years possible? The short answer is: European integration. The European project has a profound impact on our lives, promoting economic cooperation, raising living standards and supporting democracy, freedom and peace among member states. Membership of the European Union played an essential role in the convergence process of Central and Eastern European countries, including Romania. The accelerated development of this region in the last two decades is a case study, a rare example in economic history that highlights the advantages of European integration. Integration into the European Union gave Romania access to a vast common market, structural funds, and unprecedented investment opportunities. The adoption of European standards, the implementation of structural reforms, and the strengthening of democratic institutions were key elements in this process. This success formula can serve as an example for other countries that aspire to European integration, such as the Republic of Moldova. In the context of the recent elections in the Republic of Moldova, the European path is not only a geopolitical option but also a real opportunity for economic development and prosperity, even if this process is long-lasting and will require sustained efforts. According to economic theory, growth is based on two fundamental elements: labor force contribution (number of employees and hours worked – L) and labor productivity (LP). The latter is determined by capital (equipment, factories, infrastructure – K) and total factor productivity (TFP), a measure of the efficiency of the use of economic resources, which reflects innovation, technological progress and the quality of management. To illustrate this concept, imagine a worker from Central and Eastern Europe in a company in Western Europe or the United States. We often observe that it becomes as productive as its Western counterparts. On the other hand, if an employee in a highly developed country were to work in an environment with limited resources, his productivity would decline considerably. This emphasizes the key role that capital and technology play in increasing productivity. European integration has allowed the Romanian workforce to become approximately three times more productive today compared to the beginning of this century, unlocking huge growth potential. Romania's transformation from a closed economy to an open market economy has made it possible for us to participate in international trade and integrate into global value chains. This path has brought challenges and intense competition, but the positive impact on the economy is undeniable. In addition, European funds have supported essential reforms and investments in infrastructure and public services, contributing directly to economic growth. Foreign direct investment (FDI) has also played a decisive role, providing capital and increasing total factor productivity through the transfer of technology and managerial expertise, indispensable elements of a modern economy. Last but not least, strong institutions have played a key role in this transformation, as argued by the 2024 Nobel Prize laureates in Economics, Daron Acemoglu, Simon Johnson, and James Robinson, in their studies of how institutions influence the prosperity of nations. We adopted models, legislative frameworks, and knowledge systems developed and successfully tested in Western Europe, which contributed to increasing Romania's economic stability and competitiveness. In the last quarter of a century, Romania reached an average rate of convergence with the EU average of approximately 2 percentage points per year, but with the approach to the European level, the road becomes increasingly difficult. The pace of convergence is expected to slow in the coming years, both because of the complexity of the next steps and the specific challenges looming on the horizon. The threat of the "middle-income trap" appears, specific to developing countries that have difficulty taking the next step and becoming developed economies. The first limiting factor is the proximity to the technological frontier. If the jump from 25% to 75% of the EU average was challenging but achievable, the increase from 75% to 100% requires constant innovation and massive investment in technology. A relevant analogy would be driving a car in fog on a winding mountain road. Initially, we follow the lights of the car in front (Western models), but once we pass it, we realize that we no longer have a clear guide and must discover our own direction. At the technological frontier, progress depends on our ability to innovate and adapt. The labor market represents another challenge on the road to full convergence. If in the 2000s Romania had a high unemployment rate and a relatively cheap workforce, today the situation has changed. In the context of a reduced natural increase and the problem of emigration, access to highly qualified labor is becoming increasingly difficult. Fiscal policy also becomes a limiting factor. Given that larger, unsustainable deficits have been tolerated in recent years, we see that public debt has grown rapidly, from around 12% of GDP in 2007 to almost 52% in 2024. Prudent management of public finances and gradual fiscal consolidation are essential for maintaining economic stability. European funds will continue to play an important role, but their contribution may diminish in the medium term. As we approach the standard of living of the more developed states in the EU, financial resources will have to be directed to other priorities of the Union. The EU itself faces major challenges, such as the need to improve economic competitiveness (as the Draghi report points out) alongside other strategic initiatives (e.g., defense), supporting other states pursuing the integration or reconstruction of Ukraine. Foreign direct investment (FDI) is another element but with mixed prospects. On the one hand, the tense geopolitical context can discourage investors, who become more cautious in their decisions. On the other hand, the trends of near-shoring and friend-shoring – relocating production closer to the markets or in friendly countries – can create opportunities for Romania if we manage to attract these investments through appropriate policies. In order to continue the convergence process, Romania must develop internal engines of economic growth. A possible catalyst (country project) could be joining the Eurozone. The preparation process and reforms required for the adoption of the euro can stimulate the modernization of the economy and strengthen investor confidence. The road to the euro area is as important as the actual adoption of the single currency. With realistic optimism, it can be said that by the end of this decade, Romania could reach 85-90% of the EU development average. So when was or is the "golden age"? There are objective arguments to suggest that we are in a special time economically, with remarkable progress and unique opportunities. However, as one experienced former central banker said, just like in a relationship, the golden age in economics is often only seen when things stop working. Personally, I would like to believe that our true economic golden age is just ahead, waiting to be built by our efforts and aspirations. In a global context marked by immense challenges, Romania has a real chance to continue its progress. But this chance requires work, vision and commitment, and the first test awaits us next year itself, when we will be faced with the need to gradually reduce macroeconomic vulnerabilities, especially the budget deficit. --- In recent years, the collective perception of economic conditions and the future seems to be marked by increasing pessimism. Looking around us, we might think we are living in troubled times. Indeed, we have lived through global financial crises like the one in 2008, a pandemic, and other major events, but the impact of these events is often magnified. The focus on negative news in the media and social media can fuel a sense of insecurity and fear about the present and the future. Moreover, human nature predisposes us to pay more attention to negative news, thus increasing the feeling of insecurity. The result is a distorted (as I will show below) but widespread perception that the "golden age" belongs to the past, while the present is dominated by instability and decline. But economic indicators - objective barometers of the state of the economy - offer us a different perspective: the golden age is not to be found in the past, but rather in the present. In this sense, the graph below shows us that today, we are crossing an extraordinary, unprecedented chapter in Romania's economic history. Analyzing the evolution of GDP per capita adjusted to purchasing power parity (a relevant benchmark for measuring economic progress and convergence) from 1862 to today, compared to the developed countries of Western Europe (Germany, France, Great Britain, Italy and Spain), we discover a surprising evolution, culminating in a remarkable performance in recent years. This series of data, probably one of the most extensive of its kind, shows that Romania's level of development has fluctuated between 20% and 40% of the Western European average for about 140 years, maintaining an average of about 30 %. However, in the last two to three decades, Romania has registered accelerated economic growth, which can be considered a real "economic miracle,” propelling us towards a unique level of well-being in our entire history, with increased access to goods and services. After almost a century and a half of underdevelopment, we have overcome the status of a low-income economy and advanced to a medium level of development. From a country deeply affected by the transition from a centralized to a market economy, we have become a complex economy, comparable to the economies of Central and Eastern European countries such as Poland, Slovakia, and Hungary, which are also in the range of 70-80% of the EU average in terms of GDP/ capita PPP. We are at a point where, despite internal and external challenges, we have made important progress, and economically and in terms of living standards, we are closer to the West than we have ever been. A convergence as rapid as that experienced by Romania (and the Central and Eastern European region) in the last two and a half decades is rare. In Romania, the GDP per capita, in terms of purchasing power parity (PPP) compared to the EU average, increased spectacularly from approximately 25% to almost 80% during this period. Although regional disparities still persist in our country, overall progress is undeniable. However, the overall picture of Romania's economic progress hides at least 42 nuances (the 41 counties plus the capital), reflecting notable geographical differences. Although the indicators at the national level show a clearly positive trend, regional inequalities and economic differences between counties create a much more complex and fragmented reality. Even in areas considered developed, there are social groups that have not benefited to the same extent from the process of economic convergence. The economic differences between Romania's counties are obvious. The less-performing areas in terms of GDP per capita reach barely 44-48% of the national average, while top counties such as Brașov, Timiș, and Cluj reach values between 116% and 145%. Bucharest stands out, reaching 280% of the national average. Counties with higher economic performance are generally able to offer higher wages to employees, which increases inequality. Although it is probably the most commonly used indicator to measure economic progress, GDP does not fully capture the true well-being of the population. If we look at stock indicators such as net financial wealth per capita, in contrast to flow indicators such as GDP per capita, we see a gap compared to our neighbors in Central and Eastern Europe. This suggests that while economic growth has been robust, wealth accumulation at the individual level remains a challenge. Although the economic convergence is as clear as possible, the main question mark remains the sustainability of this positive trend. We have a long way to go until the well-being of each county and each social category in Romania approaches the level of those in the European Union. Reality is complex, with many nuances. Furthermore, how we feel – our level of happiness and contentment – depends on a multitude of factors. GDP per capita is a simple indicator and cannot capture the complexity of human feelings. Moreover, certain cognitive biases can distort our perception of the past and present, such as " rosy retrospection ” (the tendency to idealize the past). Many tend to remember their youth or past times as better than they actually were. But returning to the topic of convergence, the question naturally arises: how was this spectacular progress over the last 20-25 years possible? The short answer is: European integration. The European project has a profound impact on our lives, promoting economic cooperation, raising living standards and supporting democracy, freedom and peace among member states. Membership of the European Union played an essential role in the convergence process of Central and Eastern European countries, including Romania. The accelerated development of this region in the last two decades is a case study, a rare example in economic history that highlights the advantages of European integration. Integration into the European Union gave Romania access to a vast common market, structural funds, and unprecedented investment opportunities. The adoption of European standards, the implementation of structural reforms, and the strengthening of democratic institutions were key elements in this process. This success formula can serve as an example for other countries that aspire to European integration, such as the Republic of Moldova. In the context of the recent elections in the Republic of Moldova, the European path is not only a geopolitical option but also a real opportunity for economic development and prosperity, even if this process is long-lasting and will require sustained efforts. According to economic theory, growth is based on two fundamental elements: labor force contribution (number of employees and hours worked – L) and labor productivity (LP). The latter is determined by capital (equipment, factories, infrastructure – K) and total factor productivity (TFP), a measure of the efficiency of the use of economic resources, which reflects innovation, technological progress and the quality of management. To illustrate this concept, imagine a worker from Central and Eastern Europe in a company in Western Europe or the United States. We often observe that it becomes as productive as its Western counterparts. On the other hand, if an employee in a highly developed country were to work in an environment with limited resources, his productivity would decline considerably. This emphasizes the key role that capital and technology play in increasing productivity. European integration has allowed the Romanian workforce to become approximately three times more productive today compared to the beginning of this century, unlocking huge growth potential. Romania's transformation from a closed economy to an open market economy has made it possible for us to participate in international trade and integrate into global value chains. This path has brought challenges and intense competition, but the positive impact on the economy is undeniable. In addition, European funds have supported essential reforms and investments in infrastructure and public services, contributing directly to economic growth. Foreign direct investment (FDI) has also played a decisive role, providing capital and increasing total factor productivity through the transfer of technology and managerial expertise, indispensable elements of a modern economy. Last but not least, strong institutions have played a key role in this transformation, as argued by the 2024 Nobel Prize laureates in Economics, Daron Acemoglu, Simon Johnson, and James Robinson, in their studies of how institutions influence the prosperity of nations. We adopted models, legislative frameworks, and knowledge systems developed and successfully tested in Western Europe, which contributed to increasing Romania's economic stability and competitiveness. In the last quarter of a century, Romania reached an average rate of convergence with the EU average of approximately 2 percentage points per year, but with the approach to the European level, the road becomes increasingly difficult. The pace of convergence is expected to slow in the coming years, both because of the complexity of the next steps and the specific challenges looming on the horizon. The threat of the "middle-income trap" appears, specific to developing countries that have difficulty taking the next step and becoming developed economies. The first limiting factor is the proximity to the technological frontier. If the jump from 25% to 75% of the EU average was challenging but achievable, the increase from 75% to 100% requires constant innovation and massive investment in technology. A relevant analogy would be driving a car in fog on a winding mountain road. Initially, we follow the lights of the car in front (Western models), but once we pass it, we realize that we no longer have a clear guide and must discover our own direction. At the technological frontier, progress depends on our ability to innovate and adapt. The labor market represents another challenge on the road to full convergence. If in the 2000s Romania had a high unemployment rate and a relatively cheap workforce, today the situation has changed. In the context of a reduced natural increase and the problem of emigration, access to highly qualified labor is becoming increasingly difficult. Fiscal policy also becomes a limiting factor. Given that larger, unsustainable deficits have been tolerated in recent years, we see that public debt has grown rapidly, from around 12% of GDP in 2007 to almost 52% in 2024. Prudent management of public finances and gradual fiscal consolidation are essential for maintaining economic stability. European funds will continue to play an important role, but their contribution may diminish in the medium term. As we approach the standard of living of the more developed states in the EU, financial resources will have to be directed to other priorities of the Union. The EU itself faces major challenges, such as the need to improve economic competitiveness (as the Draghi report points out) alongside other strategic initiatives (e.g., defense), supporting other states pursuing the integration or reconstruction of Ukraine. Foreign direct investment (FDI) is another element but with mixed prospects. On the one hand, the tense geopolitical context can discourage investors, who become more cautious in their decisions. On the other hand, the trends of near-shoring and friend-shoring – relocating production closer to the markets or in friendly countries – can create opportunities for Romania if we manage to attract these investments through appropriate policies. In order to continue the convergence process, Romania must develop internal engines of economic growth. A possible catalyst (country project) could be joining the Eurozone. The preparation process and reforms required for the adoption of the euro can stimulate the modernization of the economy and strengthen investor confidence. The road to the euro area is as important as the actual adoption of the single currency. With realistic optimism, it can be said that by the end of this decade, Romania could reach 85-90% of the EU development average. So when was or is the "golden age"? There are objective arguments to suggest that we are in a special time economically, with remarkable progress and unique opportunities. However, as one experienced former central banker said, just like in a relationship, the golden age in economics is often only seen when things stop working. Personally, I would like to believe that our true economic golden age is just ahead, waiting to be built by our efforts and aspirations. In a global context marked by immense challenges, Romania has a real chance to continue its progress. But this chance requires work, vision and commitment, and the first test awaits us next year itself, when we will be faced with the need to gradually reduce macroeconomic vulnerabilities, especially the budget deficit. ---

PITTSBURGH (AP) — Pittsburgh Steelers wide receiver George Pickens was a full participant in practice on Monday, opening the door for him to return from a three-game absence on Wednesday when Pittsburgh hosts the Kansas City Chiefs. Pickens hasn't played since tweaking his hamstring earlier this month. The Steelers (10-5) have struggled to generate much in their passing game with their leading receiver watching from the sideline in sweatpants. Though Monday's practice was a walkthrough, Pickens said he felt good and hopes he'll be able to face the two-time defending Super Bowl champions. The 23-year-old was going through post-practice drills on Dec. 6 when he felt his hamstring tighten up, forcing him to miss the first games of his three-year career. Pittsburgh has gone 1-2 in his absence, including back-to-back losses to Philadelphia and Baltimore in which Russell Wilson passed for just 345 yards while missing one of the NFL's top downfield threats. Wilson is encouraged by the way the sometimes mercurial Pickens — who has been flagged and fined multiple times this season for infractions ranging from facemasks to unsportsmanlike conduct — has remained engaged. “He’s been great in the midst of his little trial here over the past few weeks,” Wilson said. “And so we’re excited to have him back if that’s the case fully and let him do his thing.” Safety DeShon Elliott (hamstring) and defensive tackle Larry Ogunjobi (groin) were also listed as full participants on Tuesday. Neither veteran has played since getting hurt against Cleveland on Dec. 8. While Pickens, Elliott and Ogunjobi could be available as Pittsburgh tries to hold off Baltimore for the AFC North lead, cornerback Joey Porter (knee) and WR Ben Skowronek (hip) are likely out after missing practice for a second straight day. AP NFL: https://apnews.com/hub/nfl

The possibility of Seyi Tinubu running for Governor of Lagos state in the 2027 elections and succeeding Governor Babajide Sanwo-Olu has sparked debate As the son of President Bola Tinubu, his candidacy is seen as a continuation of the political influence wielded by the Tinubu family in Lagos Speaking exclusively with Legit.ng on Sunday, PDP chieftain Dare Glintstone Akinniyi criticized the current state of politics in Lagos, comparing the Tinubu family’s influence to the Bush political legacy in the U.S Don't miss out! Join Legit.ng's Sports News channel on WhatsApp now! Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements. The spokesperson of the PDP National Youth Group, Dare Glintstone Akinniyi, has shared his opinion on the speculation surrounding Seyi Tinubu, the son of President Bola Ahmed Tinubu, as a potential candidate for the 2027 Lagos state governorship race. Akinniyi: Who can challenge Seyi Tinubu Akinniyi compared the Tinubu family's potential political dynasty to the Bush family's political legacy in the United States of America, where George H.W. Bush and his son, George Walker Bush, both served as presidents. Read also 2027: PDP reacts amid endorsements of Seyi Tinubu as Lagos governor, details surface In an exclusive interview with Legit.ng on Sunday, November 24, Dare Glintstone Akinniyi, Akinniyi lambasted the leadership of the PDP in Lagos state, describing them as "unserious." The PDP chieftain said: PAY ATTENTION : Standing out in social media world? Easy! "Mastering Storytelling for Social Media" workshop by Legit.ng. Join Us Live! "It appears that the Tinubu's are emulating the Bushs' political strategies in America. Where the Father and Son were 41st and 43rd Presidents of the United States, respectively. Seyi Tinubu is a Nigerian and he is qualified to be the Governor of Lagos State, after then he can try to be President of Nigeria after his Father. "If the PDP leaders are serious in Lagos, should we be discussing a Son of Bola Tinubu's endorsement? "Nigerians and indeed Lagosians are in love with his Dad and they can compensate the family with the No 1 Seat in Lagos. Is there anyone who can challenge him, if his Dad decides to make him the next Governor of Lagos state? Read also Can Seyi Tinubu govern Lagos? APC chieftain mentions real target "The last three Governors of Lagos state were handpicked by the then Senator Bola Tinubu, now President Bola Tinubu – so what is the noise about?" Akinniyi: "PDP members sign secret deals with APC, Tinubu" Speaking further, the PDP spokesperson also criticized party members, who, according to him, have been involved in behind-the-scenes negotiations with the ruling APC , thereby undermining the party’s ability to present a strong alternative candidate to challenge the APC's dominance in Lagos state. Akinniyi added: "If there are any qualified people in Lagos than the Tinubu family, they should come out and let's see them. "Is it the same Lagos where members of PDP will go behind to negotiate with Tinubu that will present a candidate to be the next Governor? Or the APC that from LG chairman down to the Governor is selected by Bola Tinubu himself? "I wish Seyi Tinubu the best of luck, if his Dad wants him to be the next Governor of Lagos." Read also Seyi Tinubu: “I’m qualified to be Lagos gov,” Obasa declares ahead of 2027, video trends Read more about Seyi Tinubu here: 2027: PDP reacts amid endorsements of Seyi Tinubu as Lagos governor, details surface Can Seyi Tinubu govern Lagos? APC chieftain mentions real target Seyi Tinubu speaks on Nigeria’s economic hardship Seyi Tinubu unfit to rule Lagos – Igbokwe Earlier, Legit.ng reported that a chieftain of the ruling APC, Joe Igbokwe, said Seyi Tinubu does not possess the required capacity to be the governor of Lagos state. Igbokwe in a Facebook post criticised those advocating for Seyi to be Lagos governor. The APC chieftain described the calls as a distraction and an attempt to pull President Tinubu down. PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy! Source: Legit.ng

Mutual of America Capital Management LLC Raises Stock Position in Seagate Technology Holdings plc (NASDAQ:STX)

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Geoffrey Hinton says he doesn’t regret the work he did that laid the foundation for artificial intelligence, but wishes he thought of safety sooner. The British-Canadian computer scientist says the technology has now progressed so fast that he thinks it could achieve superintelligence in the next five to 20 years. Superintelligence is intelligence that surpasses even the smartest humans. When superintelligence happens, Hinton says humanity will have to seriously worry about how it can stay in control. His remarks came at a press conference in Stockholm, where Hinton is due to a receive the Nobel Prize in psychics on Tuesday. Hinton and co-laureate John Hopfield are being given the prize because they developed some of the underpinnings of machine learning, a computer science that helps AI mimic how humans learn. This report by The Canadian Press was first published Dec. 8, 2024. Tara Deschamps, The Canadian PressTownsquare Capital LLC acquired a new stake in Floor & Decor Holdings, Inc. ( NYSE:FND – Free Report ) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 1,827 shares of the company’s stock, valued at approximately $227,000. A number of other institutional investors and hedge funds also recently bought and sold shares of FND. Blue Trust Inc. raised its holdings in shares of Floor & Decor by 242.0% in the third quarter. Blue Trust Inc. now owns 277 shares of the company’s stock valued at $34,000 after buying an additional 196 shares during the last quarter. Chris Bulman Inc bought a new position in shares of Floor & Decor in the second quarter worth about $30,000. J.Safra Asset Management Corp lifted its position in shares of Floor & Decor by 630.5% during the second quarter. J.Safra Asset Management Corp now owns 431 shares of the company’s stock worth $43,000 after purchasing an additional 372 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Floor & Decor by 37.8% during the third quarter. UMB Bank n.a. now owns 715 shares of the company’s stock valued at $89,000 after purchasing an additional 196 shares during the last quarter. Finally, CWM LLC increased its holdings in shares of Floor & Decor by 15.8% in the third quarter. CWM LLC now owns 1,289 shares of the company’s stock valued at $160,000 after purchasing an additional 176 shares in the last quarter. Floor & Decor Stock Performance FND stock opened at $109.92 on Friday. Floor & Decor Holdings, Inc. has a 1-year low of $89.06 and a 1-year high of $135.67. The company has a current ratio of 1.16, a quick ratio of 0.29 and a debt-to-equity ratio of 0.09. The firm has a market cap of $11.79 billion, a PE ratio of 61.07, a P/E/G ratio of 14.13 and a beta of 1.82. The business’s 50-day moving average price is $108.62 and its two-hundred day moving average price is $107.52. Analysts Set New Price Targets FND has been the topic of a number of recent research reports. Wedbush reiterated an “outperform” rating and issued a $110.00 price objective on shares of Floor & Decor in a research report on Friday, October 25th. Wells Fargo & Company raised their price target on Floor & Decor from $95.00 to $105.00 and gave the company an “equal weight” rating in a report on Monday, October 28th. Stifel Nicolaus boosted their price objective on Floor & Decor from $97.50 to $100.00 and gave the stock a “hold” rating in a report on Monday, November 4th. Mizuho lifted their price target on shares of Floor & Decor from $98.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $95.00 price target on shares of Floor & Decor in a research note on Monday, November 11th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $104.37. Get Our Latest Research Report on Floor & Decor Floor & Decor Profile ( Free Report ) Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer of hard surface flooring and related accessories, and commercial surfaces seller in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools; and vanities, shower doors, bath accessories, faucets, sinks, custom countertops, bathroom mirrors, and bathroom lighting. Featured Articles Want to see what other hedge funds are holding FND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Floor & Decor Holdings, Inc. ( NYSE:FND – Free Report ). Receive News & Ratings for Floor & Decor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Floor & Decor and related companies with MarketBeat.com's FREE daily email newsletter .

The Michigan Wolverines shocked the nation by pulling off a huge upset victory over the Ohio State Buckeyes in Week 14. The latest edition of "The Game" ended with a 13-10 score in favor of Michigan, and they made sure to rub this victory in Ohio State's face as much as possible. Immediately after the game ended, chaos broke out when the Wolverines planted their flag at the center of Ohio Stadium. A massive brawl broke out between the two sides with the Buckeyes taking exception to that move, as Michigan successfully managed to get under their longtime rivals' skin. That wasn't all the Wolverines did, though, as the battle raged onto social media. After the Buckeyes official account on X, formerly known as Twitter, posted the final score of the game, Michigan responded by adding a subtle twist that will surely make an already bad day even worse for Ohio State and their fans. 〽️〽️〽️〽️ https://t.co/hmA8IauI6B Considering all the bad blood between these two teams after their huge fight, it shouldn't be much of a surprise to see Michigan ruthlessly trolling Ohio State in the wake of this huge win. Not much has gone right for the Wolverines this year, but they managed to upstage the No. 2 ranked team in the nation in a big way on Saturday. For the Buckeyes, this loss couldn't be more catastrophic. Not only are they getting relentlessly roasted for coming up short, but they could lose their spot in the Big Ten Championship Game if the Penn State Nittany Lions beat the Maryland Terrapins in their Week 14 contest. © Adam Cairns/Columbus Dispatch / USA TODAY NETWORK via Imagn Images Beyond that, their standing in the College Football Playoff rankings seems set to take a big hit. While they may not fall out of the rankings entirely, there's no doubt that Ohio State is going to tumble down the list considering how badly Michigan has struggled this year. Add that onto all this trolling, and it will only make this victory better for the Wolverines. While they may not have managed to meet preseason expectations, at least the team prevailed in "The Game," while also potentially blowing up the Buckeyes' season in the process. Related: Former Ohio State Player Doesn't Hold Back on Ryan Day After Michigan LossRaiders coach Antonio Pierce on final play vs. Chiefs: ‘We heard a whistle on our sideline’

Social Media platform X has added a new image generator called “Aurora” to its Grok assistant. This new generator produces more photorealistic images compared to its predecessor.Pakistani police arrest thousands of Imran Khan supporters ahead of rally in the capital

German company Ammonit GmbH has strengthened its partnership with the Coastal Renewable Energy Technology Center (CRETC) to advance local wind energy development using its cutting-edge wind measurement technology. The partnership, reaffirmed during Ammonit’s 35th anniversary celebration in Berlin, aims to provide wind resource assessment instruments to local developers. “This partnership with Ammonit underscores our shared commitment to building a greener future,” CRETC vice president and general manager Peter Castro said on Sunday. “By integrating Ammonit’s globally recognized technology with our local expertise, we can empower communities, reduce carbon emissions, and contribute to the nation’s energy security.” The Philippines’ unique geographic and climatic conditions make accurate wind resource assessment vital for maximizing project success and achieving energy independence. The CRETC-Ammonit collaboration supports the national government’s energy transition goals by fostering sustainable growth and positioning the country as a competitive player in the renewable energy market. CRETC focuses on renewable energy solutions in coastal areas to enhance national energy security and promote sustainable practices. Ammonit GmbH, on the other hand, is a leader in wind measurement and energy assessment. The company’s solutions help reduce investment risks and optimize energy yields.Saquon Barkley: "Pretty cool" to set Eagles single-season rushing record - NBC Sports