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OneDigital Investment Advisors LLC lowered its holdings in Kinsale Capital Group, Inc. ( NYSE:KNSL – Free Report ) by 32.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 577 shares of the financial services provider’s stock after selling 275 shares during the period. OneDigital Investment Advisors LLC’s holdings in Kinsale Capital Group were worth $269,000 at the end of the most recent reporting period. Other large investors have also recently modified their holdings of the company. ORG Wealth Partners LLC purchased a new stake in Kinsale Capital Group during the third quarter valued at about $26,000. UMB Bank n.a. increased its position in shares of Kinsale Capital Group by 408.3% during the 3rd quarter. UMB Bank n.a. now owns 61 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 49 shares during the last quarter. Trust Co. of Vermont raised its holdings in shares of Kinsale Capital Group by 113.6% during the 2nd quarter. Trust Co. of Vermont now owns 94 shares of the financial services provider’s stock valued at $36,000 after buying an additional 50 shares in the last quarter. Signaturefd LLC lifted its position in Kinsale Capital Group by 68.9% in the 3rd quarter. Signaturefd LLC now owns 103 shares of the financial services provider’s stock worth $48,000 after buying an additional 42 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its stake in Kinsale Capital Group by 225.7% in the third quarter. Massmutual Trust Co. FSB ADV now owns 114 shares of the financial services provider’s stock worth $53,000 after buying an additional 79 shares in the last quarter. Institutional investors own 85.36% of the company’s stock. Analyst Upgrades and Downgrades A number of equities research analysts have recently weighed in on KNSL shares. BMO Capital Markets boosted their price objective on shares of Kinsale Capital Group from $445.00 to $461.00 and gave the stock a “market perform” rating in a report on Thursday. Royal Bank of Canada cut their price target on shares of Kinsale Capital Group from $480.00 to $475.00 and set a “sector perform” rating for the company in a research report on Monday, October 28th. JPMorgan Chase & Co. lowered their target price on Kinsale Capital Group from $426.00 to $420.00 and set a “neutral” rating for the company in a research note on Thursday, October 10th. Jefferies Financial Group raised their price target on Kinsale Capital Group from $444.00 to $471.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Finally, Truist Financial lowered their price objective on Kinsale Capital Group from $530.00 to $500.00 and set a “buy” rating for the company in a research report on Monday, October 28th. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $456.88. Kinsale Capital Group Price Performance Shares of Kinsale Capital Group stock opened at $498.96 on Friday. The business has a 50 day moving average of $459.56 and a 200 day moving average of $431.44. Kinsale Capital Group, Inc. has a 52 week low of $325.01 and a 52 week high of $548.47. The company has a market cap of $11.62 billion, a PE ratio of 28.45, a P/E/G ratio of 2.02 and a beta of 1.09. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.13. Kinsale Capital Group ( NYSE:KNSL – Get Free Report ) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.20 earnings per share for the quarter, beating the consensus estimate of $3.60 by $0.60. Kinsale Capital Group had a return on equity of 28.87% and a net margin of 26.80%. The business had revenue of $418.06 million for the quarter, compared to analysts’ expectations of $359.43 million. During the same period in the previous year, the firm posted $3.31 EPS. The business’s revenue was up 33.0% on a year-over-year basis. As a group, equities research analysts forecast that Kinsale Capital Group, Inc. will post 15.52 earnings per share for the current year. Kinsale Capital Group Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.60 annualized dividend and a dividend yield of 0.12%. Kinsale Capital Group’s payout ratio is currently 3.42%. Kinsale Capital Group Company Profile ( Free Report ) Kinsale Capital Group, Inc, a specialty insurance company, engages in the provision of property and casualty insurance products in the United States. The company’s commercial lines offerings include commercial property, small business casualty and property, excess and general casualty, construction, allied health, life sciences, entertainment, energy, environmental, excess professional, health care, public entity, commercial auto, inland marine, aviation, ocean marine, product recall, and railroad, as well as product, professional, and management liability insurance. Featured Articles Want to see what other hedge funds are holding KNSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kinsale Capital Group, Inc. ( NYSE:KNSL – Free Report ). Receive News & Ratings for Kinsale Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinsale Capital Group and related companies with MarketBeat.com's FREE daily email newsletter .Saks Global has completed its previously announced acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion. This acquisition brings together the luxury retail brands Neiman Marcus , Bergdorf Goodman , Saks Fifth Avenue and Saks Off 5th , with each continuing to operate under its own brand, Saks Global said in a Monday (Dec. 23) press release . “As one company, we have an opportunity to transform the way we serve customers, blending art and science to ensure each customer’s experience is unmistakably their own,” Marc Metrick , CEO of Saks Global Operating Group, said in the release. “With deep relationships across the industry, cutting-edge personalization and strategic technology partnerships, we are poised to drive innovation and growth.” The acquisition also brings together Saks Fifth Avenue and Neiman Marcus flagship properties with a gross asset value of $7 billion, according to the release. These will be included in Saks Global Properties & Investments. The combined company’s strategic partnerships include its investors Amazon , Authentic Brands Group , Salesforce and G-III Apparel Group . These partners will work with Saks Global on innovation, the maximization of the potential of luxury brands, the creation of a highly customized shopping experience and the development of merchandising, per the release. “With data and innovation at our core and a portfolio of prime real estate, we aim to redefine the luxury shopping experience,” Saks Global Executive Chairman Richard Baker said in the release. The parent company of Saks Fifth Avenue, HBC, announced its plans to acquire Neiman Marcus Group and establish “technology-powered retail company” Saks Global on July 4. Amazon took a stake in Saks Global, potentially creating an opportunity for the luxury retail department chains to “think and act more like Amazon by streamlining logistics, inventory and supply chain operations,” PYMNTS CEO Karen Webster wrote July 11. The creation of Saks Global is one example of a notable trend toward strategic partnerships in the luxury goods market, PYMNTS reported in October. Rather than retreating in the face of the challenges confronting the sector, a growing number of industry players are doubling down on collaboration to fortify their positions.
Doctor at the heart of Turkey’s newborn baby deaths case says he was a ‘trusted’ physician
NORFOLK, Va. — John Hinckley Jr., the man who attempted to assassinate President Ronald Reagan in 1981, wrote on social media this week that he planned to open a music store in the Williamsburg area. On Monday, he posted on X that he’d be opening a business in Williamsburg at 455 Merrimac Trail. “Grand opening is in a week or two!” The property is located in York County. However, as of Wednesday, the York County Commissioner of the Revenue’s office did not have a record of a business license for a music store associated with the address mentioned in Hinckley’s post. The property at 455 Merrimac Trail is a small strip mall owned by ESS Storage Acquisition Seventy Two LLC, a storage facility rental company based in Salt Lake City, Utah. Company representatives haven’t responded to calls about a rental agreement with Hinckley. In 1982, Hinckley was found not guilty by reason of insanity after shooting and wounding Reagan; three others including, James Brady, White House press secretary, were shot and wounded. Hinckley has lived in the area for years after a federal judge released him from St. Elizabeths Hospital, a psychiatric facility, in Washington, D.C., and allowed him to live with his mother in Williamsburg. Jo Ann Hinckley died in 2021 and Hinckley was released from court oversight in 2022. Hinckley launched a music career and last month posted on X that he’d “be doing a show” in Newport News on Feb. 1.Attorneys want the US Supreme Court to say Mississippi’s felony voting ban is cruel and unusualInfamous MAGA Republican and Texas congressional candidate posted a graphic video calling for the public execution of undocumented immigrants who commit violent crimes against Americans. Valentina Gomez, a far-right political activist, has gained attention for her provocative stances, including burning LGBTQ+ books and advocating for controversial immigration policies. After a failed bid for Missouri Secretary of State in 2024, Gomez announced her congressional campaign in Texas, Daily Mail reported. In the now-viral video, posted December 23 on X, Gomez reenacted the "public execution" of a hooded dummy, stating undocumented immigrants who rape or kill Americans "deserve" death rather than deportation. "It's that simple. Public executions for any illegal that rapes or kills an American. They don't deserve deportation. They deserve to be ended," Gomez said . The clip quickly amassed nearly 5 million views on X, where the platform restricted its visibility for violating violent speech policies. While Gomez defended her actions as a stand against the "establishment," critics denounced the video as promoting hatred and extremism. Originally published by Latin Times
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‘Intrusive and presumptuous’: Fury in Germany after Musk backs far-right party ahead of electionsWall Street stocks surged to fresh records Wednesday on hopes about easing US monetary policy, shrugging off political upheaval in South Korea and France. All three major US indices scored records, with the Dow Jones Industrial Average finishing above 45,000 for the first time. "The market at this point is looking for excuses to go up, and there's not really anything that might work against that narrative," said Steve Sosnick of Interactive Brokers. "Over the last couple of days, it's managed to ignore all sorts of inconvenient things and decided that the situation in France doesn't matter for them," Sosnick said of the stock market. "The situation in Korea doesn't matter." South Korea's stock market fell less than feared and the won rebounded from earlier losses after President Yoon Suk Yeol swiftly reversed a decision to impose martial law. In Europe, Paris stocks managed to advance as France's government faced looming no-confidence votes. Late Wednesday in Paris, French lawmakers voted to oust the government of Prime Minister Michel Barnier after just three months in office, pushing the country further into political uncertainty. For the first time in over sixty years, the National Assembly lower house toppled the incumbent government, approving a no-confidence motion that had been proposed by the hard left but which crucially was backed by the far-right headed by Marine Le Pen. "Political turmoil in both France and South Korea provide a uncertain backdrop for global markets, with the likely removal of both Barnier and Yoon bringing the potential for both countries to find a fresh direction," said Joshua Mahony, chief market analyst at Scope Markets. Thomas Mathews, head of Asia-Pacific markets at Capital Economics, said the losses in Seoul could have been "much worse" had the president not aborted his plan. "Rarely does a combined sell-off in a country's stocks, bonds and currency feel like a relief rally," he said. Oil prices turned lower after surging around 2.5 percent Tuesday, mainly after the United States sanctioned 35 companies and ships it accused of involvement with Iran's "shadow fleet" illicitly selling Iranian oil to foreign markets. Major producers at the OPEC+ grouping led by Saudi Arabia and Russia were set to meet Thursday to discuss extending output limits. Back in New York, major indices were led by the Nasdaq, which piled on 1.3 percent to finish at a third straight record. Wednesday's gains came after payroll firm ADP said US private-sector hiring in November came in at a lower-than-expected 146,000 jobs, while a survey from the Institute for Supply Management showed weaker sentiment than expected in the services sector. But the lackluster data boosts expectations that the Federal Reserve will cut interest rates later this month. At a New York conference, Federal Reserve Chair Jerome Powell refrained from tipping his hand, but he "didn't say anything that would scare the market," said Briefing.com analyst Patrick O'Hare. O'Hare noted that Wednesday's gains were led by large tech names such as Nvidia and Microsoft, which are major AI players. The boost followed strong results from Salesforce, which was the biggest gainer in the Dow with an 11 percent jump. New York - Dow: UP 0.7 percent at 45,014.04 (close) New York - S&P 500: UP 0.6 percent at 6,086.49 (close) New York - Nasdaq Composite: UP 1.3 percent at 19,735.12 (close) London - FTSE 100: DOWN 0.3 percent at 8,335.81 (close) Paris - CAC 40: UP 0.7 percent at 7,303.28 (close) Frankfurt - DAX: UP 1.1 percent at 20,232.14 (close) Seoul - Kospi Index: DOWN 1.4 percent at 2,464.00 (close) Tokyo - Nikkei 225: UP 0.1 percent at 39,276.39 (close) Hong Kong - Hang Seng Index: FLAT at 19,742.46 (close) Shanghai - Composite: DOWN 0.4 percent at 3,364.65 (close) Euro/dollar: UP at $1.0510 from $1.0509 on Tuesday Pound/dollar: UP at $1.2702 from $1.2673 Dollar/yen: UP at 150.56 yen from 149.60 yen Euro/pound: DOWN at 82.71 from 82.92 pence Brent North Sea Crude: DOWN 1.8 percent at $72.31 per barrel West Texas Intermediate: DOWN 2.0 percent at $68.54 per barrel burs-jmb/jgcDialogue between East and West is a crucial factor in forging the rapprochement of cultures and mutual understanding among disparate peoples. This dynamic reflects historical, cultural, and intellectual dimensions that have evolved over centuries, continuing to influence relationships between diverse cultures. The primary objective remains the bridging of divides between the parties engaged in dialogue, bolstering peaceful coexistence and a more profound understanding of one another. Speaking to Qatar News Agency (QNA), Arab and French researchers and intellectuals affirmed that dialogue between the Arab world and the West has been persistent throughout history and undergone numerous stages but has recently declined due to various factors. They highlighted that the stature of Arab thought and the contributions it made to humanitarian civilisation throughout history have been abundantly clear to all actors and intellectuals worldwide, as this thought has been rich, diverse, and profound, albeit not entirely discovered in Europe and the world. Anthropologist and Assistant Professor of Asian and Middle Eastern Studies at Duke University in the US, Fadi Bardawil, stated that the dialogue between Arab and Western thought has been inveterate since the Renaissance in the 19th century, during which both written and oral exchanges existed between these intellectual traditions. He emphasised that translation has been a crucial mechanism in augmenting this dialogue, as it enables the transfer of ideas between these two disparate cultural realms. Professor of Development Studies and International Relations at the Department of Development Studies, SOAS, University of London, Professor Gilbert Achcar, highlighted that Arab cultural spaces exist but differ in their relationship with the West, as per variations in the colonial powers that dominated these spaces, underlining that intellectual relationships lay bare the structure of international hegemony, which is dubbed cultural imperialism — a cultural reflection of Western hegemony — thereby restricting the potential for building a real dialogue between both parties. President of the Arab World Institute in Paris, Jack Lang, stated that Arab thought is diverse with crucial historical contributions, though its presence is limited on the global stage, highlighting that dialogue between Arab and Western thought is deep-rooted throughout history and is not virtually improvised. He indicated that Arab thought is a fundamental component in the creation of epochal Arab thought. Thinker, anthropologist, professor at Mohammed VI University in Rabat, and visiting professor at various American, European, and Arab universities, Hassan Rachiq, said that dialogue between Arab and Western thought is forged through diverse intellectual frameworks, each one reflecting its culture and particularities. Rachiq added that this dialogue varies in certain fields, such as philosophy and anthropology, highlighting that his book Near and Distant: A Century of Anthropology in Morocco tackled colonial anthropology. He affirmed that, as an anthropologist, he might find himself in greater intellectual alignment with a Western thinker at times than with an Arab thinker, and vice versa. He believes that the differences and intersections between the two intellectual traditions shift depending on the context and the values being defended, emphasising that it is most crucial for Arab thought to be critical, multifaceted, and uphold the value of the individual. Researcher in cultural and social history and director of the Arab Center for Research and Policy Studies in Beirut, Khaled Ziade, affirmed that Arab thought in the 19th century was widely open to Western thought and liberalism and was impacted by national currents that emerged in Europe, with European intellectual influence remarkably declining in the current time due to many factors. Arab thought today is in desperate need of laying out its questions with answers that best suit its particularities, instead of invoking ready Western answers, he noted, emphasising that each thought has its own particularities and unique dimensions reflecting its cultural and social reality. Yemeni writer and thinker, Habib Abdulrab Sarori, told QNA that the challenge of knowing the other enhances thinking, dialogue, and ensures the convergence of thoughts, thereby enabling Arab individuals to understand themselves very well in terms of culture and intellectuality. He highlighted that Arab societies suffer from cognitive and intellectual isolation, where Arab thinkers and intellectuals still revolve around themselves without delving deep into Western thought in its true sense. Emphasising his belief in the significance of profound dialogue between Arab and Western ideologies, he established a cultural society with the objective of introducing Arab grandiose intellectuals, particularly Abu Al-Ala Al-Ma’arri, who is a cultural reference both in Arab civilisation and human civilisation as a whole. Director of the Institute of Feminist Studies and consultant on women’s and gender issues for the UN Development Programme (UNDP), Dr Islah Jadd, said Western thought, which was overshadowing Arab thought, exposed its bankruptcy and the duality of its discourse. She emphasised that this is demonstrated in the way Western intellectuals engage in issues such as Palestine and Ukraine, along with the genocidal war in Gaza. Dialogue between Arab and Western thought is still constant but is in a state of flux with the emergence of new elites on the streets who stood by the Palestinian cause and Arab struggles against colonisation, occupation, and despotism, as well as other humanitarian issues, highlighted Jadd. Poet and Director-General of the Arab World Institute in Paris, Shawqi Abdulamir, noted the real absence of dialogue between Arab and Western thought, stressing that Western thought currently dominates Arab culture. He stated that when Arab people look for a philosophical reference for an epochal issue, they directly invoke the philosophies of Hegel, Marx, Nietzsche, and Heidegger, without considering Arab philosophers. The reason behind the current retrogression of Arab thought is neglecting the teachings of Arab philosophy among younger generations and disruption, thereby restricting their abilities to engage in conversation with Western thought, Abdulamir underlined. Director of the Arab Center for Research and Policy Studies in Paris, Dr Salam al-Kawakibi, stated that the significant challenge facing Arab thought today is to eliminate orientalism in its negative connotation, which is linked to the colonial past that carries the superiority over Arab intellectual traditions. He stressed that the formidable challenge facing contemporary Arab thought is to break this barrier, along with the Western disregard for this thought. Direct dialogue between Arab and Western intellectual traditions fosters the exchange and cross-pollination of ideas, contributing to the evolution of human thought and deepening mutual understanding, he underlined. Related Story Sony Middle East and Africa, Fnac Qatar host workshop series for content creators West Bay Central Bus Station to operate 27 buses an hour: MoT
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