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Social Security is a complex system. Run by the Social Security Administration (SSA) most people assume it is just retirees who receive checks ever month to cover monthly expenses, but this could not be farther from the truth. The SSA runs five main programs, each with their own quirks and details that can be unknown to those that do not or have not needed federal assistance in the past. Even then, the system is so complex that it takes time to understand the intricacies of every program and most people do not tend to stray from the one that they belong to. These are some things about the programs that you may not know. Retirement, better known as Social Security Everyone thinks they know Social Security, after all it is what many people strive for during their career, retire and receive a monthly check to cover expenses. But there are many things that many do not consider about these benefits. Probably the most important thing is that full retirement age does not mean maximum benefit obtained. For those who are willing to wait to collect payments (although they can stop working at full retirement age, which is when their average indexed monthly earnings are calculated into the base benefit or primary insurance amount ), retirement benefits increase by up to 8% annually until age 70. This means that your benefit can be 24% higher than you expect by doing literally nothing. Of course, not many will be able to do this, but if you can delay even a year the increase would be worth the wait. One of the common misconceptions about retirement benefits is that you have had to work to qualify, but this is not entirely true. Both current spouses and former spouses can apply for benefits based on the retired person’s record as long as they have the higher benefit. For ex-spouses it is a bit trickier, as they cannot have remarried and must have been married to the beneficiary they are trying to claim on for at least 10 years. This is to ensure that those who were dependent on their partner during the marriage have their own resources should anything happen to the breadwinner. Ther is no limit to the number of spouses and former spouses that can claim this benefit. In fact, an ex-spouse claiming will not affect the current spouse’s eligibility. These may be the second most known benefits after retirement. They are available to workers who have a chronic or an acquired disability and have worked for a number of years to allow them to qualify. This payment is also linked to the Medicare program as disabled people have higher healthcare needs (usually people have to wait until age 65 to be able to be enrolled in Medicare). This program helps disabled workers maintain their independence and a stable income wile also ensuring that, should their condition improve or they receive enough retraining for a better suited job, they still have a safety net in case it does not work out. Better known as Family benefits , it corresponds to the children or retirees or their dependents with a permanent disability. For those retirees who find themselves with children under 18 or a permanently disabled child, this benefit helps give an extra amount to support the family. The child does not have to be a direct biological relative, it can apply to stepchildren, grandchildren and adopted children as long as they fit the criteria. If the retiree passes away, Social Security will continue to provide a continuing income to spouses, children, and dependents. This will help families deal with the financial loss of the breadwinner.
Prospera Financial Services Inc lifted its position in shares of Royce Value Trust Inc. ( NYSE:RVT – Free Report ) by 1.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,547 shares of the financial services provider’s stock after acquiring an additional 800 shares during the quarter. Prospera Financial Services Inc’s holdings in Royce Value Trust were worth $762,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also made changes to their positions in the company. Future Financial Wealth Managment LLC acquired a new position in Royce Value Trust during the third quarter worth about $78,000. J.W. Cole Advisors Inc. acquired a new position in Royce Value Trust during the second quarter worth about $145,000. Calamos Advisors LLC acquired a new position in Royce Value Trust during the second quarter worth about $155,000. Creative Planning grew its position in Royce Value Trust by 7.7% during the third quarter. Creative Planning now owns 11,791 shares of the financial services provider’s stock worth $185,000 after buying an additional 842 shares during the period. Finally, Cutter & CO Brokerage Inc. acquired a new position in Royce Value Trust during the third quarter worth about $200,000. 25.57% of the stock is currently owned by institutional investors and hedge funds. Royce Value Trust Stock Performance Shares of RVT opened at $16.48 on Friday. The firm’s 50-day moving average is $15.68 and its two-hundred day moving average is $15.18. Royce Value Trust Inc. has a twelve month low of $13.11 and a twelve month high of $16.93. Royce Value Trust Announces Dividend About Royce Value Trust ( Free Report ) Royce Value Trust Inc is a close ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small cap and micro cap companies. Featured Articles Want to see what other hedge funds are holding RVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royce Value Trust Inc. ( NYSE:RVT – Free Report ). Receive News & Ratings for Royce Value Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royce Value Trust and related companies with MarketBeat.com's FREE daily email newsletter .Empowered Funds LLC Raises Stock Holdings in MSC Industrial Direct Co., Inc. (NYSE:MSM)
Mutual of America Capital Management LLC decreased its position in shares of Louisiana-Pacific Co. ( NYSE:LPX – Free Report ) by 7.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,805 shares of the building manufacturing company’s stock after selling 2,718 shares during the period. Mutual of America Capital Management LLC’s holdings in Louisiana-Pacific were worth $3,633,000 at the end of the most recent reporting period. A number of other institutional investors have also recently added to or reduced their stakes in the company. William Blair Investment Management LLC purchased a new stake in shares of Louisiana-Pacific during the second quarter worth about $91,053,000. Marshall Wace LLP increased its holdings in Louisiana-Pacific by 92.4% during the 2nd quarter. Marshall Wace LLP now owns 1,255,474 shares of the building manufacturing company’s stock worth $103,363,000 after purchasing an additional 602,803 shares during the last quarter. Renaissance Technologies LLC increased its holdings in Louisiana-Pacific by 188.3% during the 2nd quarter. Renaissance Technologies LLC now owns 447,400 shares of the building manufacturing company’s stock worth $36,834,000 after purchasing an additional 292,200 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of Louisiana-Pacific by 768.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 270,341 shares of the building manufacturing company’s stock valued at $22,257,000 after purchasing an additional 239,212 shares in the last quarter. Finally, Westwood Holdings Group Inc. purchased a new position in shares of Louisiana-Pacific during the 1st quarter valued at approximately $15,649,000. Institutional investors and hedge funds own 94.73% of the company’s stock. Louisiana-Pacific Trading Up 1.3 % NYSE:LPX opened at $115.92 on Friday. The stock has a market cap of $8.14 billion, a price-to-earnings ratio of 19.99, a PEG ratio of 2.69 and a beta of 1.88. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.69 and a current ratio of 2.92. Louisiana-Pacific Co. has a 1 year low of $60.27 and a 1 year high of $117.59. The business has a fifty day moving average of $105.73 and a 200-day moving average of $95.76. Louisiana-Pacific Announces Dividend Insider Transactions at Louisiana-Pacific In related news, Director Ozey K. Horton, Jr. sold 300 shares of Louisiana-Pacific stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $113.41, for a total transaction of $34,023.00. Following the transaction, the director now directly owns 28,638 shares of the company’s stock, valued at $3,247,835.58. The trade was a 1.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, Director Lizanne C. Gottung sold 2,500 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $98.30, for a total transaction of $245,750.00. Following the completion of the sale, the director now directly owns 21,005 shares of the company’s stock, valued at $2,064,791.50. The trade was a 10.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Company insiders own 1.26% of the company’s stock. Analysts Set New Price Targets A number of brokerages recently issued reports on LPX. Truist Financial lifted their price target on shares of Louisiana-Pacific from $105.00 to $113.00 and gave the stock a “buy” rating in a research note on Tuesday, October 15th. Bank of America boosted their target price on shares of Louisiana-Pacific from $73.00 to $75.00 and gave the stock an “underperform” rating in a research report on Thursday, September 12th. The Goldman Sachs Group increased their price target on shares of Louisiana-Pacific from $90.00 to $99.00 and gave the stock a “sell” rating in a research report on Wednesday, November 6th. Royal Bank of Canada boosted their price objective on Louisiana-Pacific from $119.00 to $125.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th. Finally, StockNews.com downgraded Louisiana-Pacific from a “buy” rating to a “hold” rating in a report on Sunday, November 10th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $102.22. Get Our Latest Report on LPX About Louisiana-Pacific ( Free Report ) Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through Siding, Oriented Strand Board, LP South America, and Other segments. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products. See Also Receive News & Ratings for Louisiana-Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Louisiana-Pacific and related companies with MarketBeat.com's FREE daily email newsletter .
ANOTHER cohort of Solomon Islands media leaders have completed the highly prestigious University of New South Wales Australian Graduate School of Management program, supported by the Australian Government. President of the Media Association of Solomon Islands and co-owner , Ofani Eremae, co-owner , Ms Elizabeth Osifelo and administrator of , Benjamin Afuga spent ten days in Australia. This is the third cohort of media leaders from Solomon Islands to complete the programme. The Australian Graduate School of Management’s programme focuses on leadership and business skills and helps executives refine leadership capabilities, functional knowledge and strategic insight to drive organisational performance. The 25-person cohort included business executives from Australian companies including Rio Tinto, Woolworths, Standards Australia, and Santo, as well as international participants from New Zealand. Australian High Commissioner Rod Hilton said Australia is the nambawan media partner in Solomon Islands. “Our support for the Solomon Islands media sector is long standing; working with all media organisations in Solomon Islands, from print, to radio, to online,” High Commissioner Hilton said. “Mr Eremae, Ms Osifelo and Mr Afuga are leaders in the media sector and strong executives will lead a strong, independent media sector, which is a central pillar of democracy.” Mr Eremae said the training offered the opportunity to learn new management and leadership skills, while providing the opportunity to mingle and interact with some of Australia’s senior managers and company executives. “The five-day training opened a whole new world of management and decision-making processes for someone like me, because I am new to managing a news outlet and I am leading the Media Association of Solomon Islands at the same time,” Mr Eremae said. Ms Elizabeth Osifelo said the programme was timely because it gave her the opportunity to step back from ‘business as usual’ and look at Tavuli News through a different lens. “Being in the same room with other CEOs gave me insights which will benefit Tavuli News in the long term. I appreciate the cultural programme before the training too as I learned more about Australian history and culture,” Ms Osifello said. “The training has been beneficial, looking at the current systems in place within the organisation and keeping up with the evolving technology and adapting to best practices in the workplace. Sincere thank you to the Australian Government for enabling this opportunity,” she said. Mr Afuga said the General Manager programme at the Australian Graduate School of Management was an invaluable experience. “[It offered] fresh perspectives and practical strategies that I can immediately apply in my work,” Mr Afuga said. “The insights gained will not only enhance my leadership capabilities, but also contribute positively to the growth and development of Solomon Islands. I’m grateful for the opportunity and look forward to leveraging these learnings for lasting impact.”. Mr Eremae, Ms Osifelo and Mr Afuga served as ambassadors for Solomon Islands while on the course, deepening the partnership between Solomon Islands and Australia by giving other participants a better understanding of Solomon Islands’ history, culture, and ambitions for the future. Before the commencement of the Australian Graduate School of Management General Manager programme, these three leaders participated in a cultural programme showcasing Australian arts and sport in Sydney. Such people-to-people links are key to the closeness of the Solomon Islands – Australia Partnership.STATEN ISLAND, N.Y. — New Yorkers can get financial assistance in paying their heating bills this winter thanks to the Low Income Home Energy Assistance Program (LIHEAP). “With many New York families struggling to afford the basics, winter brings on a new stressor in the form of heating bills,” Sen. Kirsten Gillibrand said in a written statement. “Fortunately, help is available. I fight for funding for the Low Income Home Energy Assistance Program every year, and so far this year, I’ve secured $360 million for New York alone. This funding will be a lifeline for millions of New Yorkers this winter, and I encourage everyone in need to apply as soon as possible.” LIHEAP aided over 1.1 million New Yorkers in keeping their homes warm in the 2022 to 2023 winter season, the statement said. The statements explained that “the program can provide financial assistance for those who heat their homes with electricity, natural gas, oil, coal, propane, wood or wood pellets, kerosene or corn.” For those in New York City, applications and the scope of eligibility can be found by clicking here. For those outside of the five boroughs, you can apply by clicking here. RECOMMENDED • silive .com NYPD seeking individuals wanted in connection to attack on 2 people in Brooklyn Nov. 17, 2024, 2:35 p.m. E. coli in contaminated carrots sicken 5 in New York; 1 dead in U.S. Nov. 17, 2024, 6:00 p.m. Residents also have the option to apply for assistance at their local social services department, whether it be in person or via traditional mail. Traditional HEAP assistance opened its 2024 portal on Nov. 1. Emergency HEAP assistance — “which assist households in immediate danger of running out of heating fuel or having their utility service shut off” — will begin to accept application in the new year on Jan. 2, 2025.
Ryan Strome's goal late in 3rd period helps Ducks rally for 5-3 victory over OilersFriday was a busy day in the NL West. Or, really, Friday night and early Saturday morning. First, the Los Angeles Dodgers re-upped slugger Teoscar Hernández to a three-year deal worth $66 million . That was one of those obvious moves that was a great fit for the team and a great fit for the player. It took a little longer to get done than I expected, but it got done, and that's all that matters. Then, in the wee hours of the morning Saturday, the Arizona Diamondbacks landed the offseason's top free agent pitcher, agreeing to a six-year contract worth $210 million with Corbin Burnes . The deal includes an opt out after 2026. Burnes makes his home in Arizona and his wife gave birth to twins in July . A new contract close to home is a pretty excellent outcome for the right-hander. This past season the D-backs missed the postseason because they came out on the wrong end of a three-team tie with the Atlanta Braves and New York Mets . They don't want that to happen again, hence the Burnes signing. The Dodgers are, of course, the defending World Series champs. The NL West is shaping up to be one of the game's most grueling divisions in 2025. With that in mind, let's take stock of the NL West and where each of the five teams sits roughly halfway through the offseason. We'll go through the five teams in order of FanGraphs' 2025 projections . Sounds good? Good. Let's get to it. Los Angeles Dodgers Key additions: Michael Conforto , Blake Snell , Teoscar Hernández (re-signed), Blake Treinen (re-signed) Key losses: Walker Buehler , Jack Flaherty , Enrique Hernández , Joe Kelly , Daniel Hudson (retired) Have they gotten better? Yes because Snell is an upgrade over what the Dodgers got out of Buehler (5.38 ERA in 75 1/3 innings) and Flaherty (3.58 ERA in 55 1/3 innings) in 2024. Buehler pitched very well in the postseason, while Flaherty was more hit and miss in October, but Snell is one of the game's best bat-missers and capable of dominating the best lineups when he's on. The Dodgers' approach to rotation-building is to accumulate as many high-end arms as possible and hope three are healthy enough to pitch in the postseason. Snell joins Tyler Glasnow , Yoshinobu Yamamoto , and Shohei Ohtani in the starting staff with Tony Gonsolin , Dustin May , Bobby Miller , and Landon Knack further down the depth chart. The offense should again be one of the best in baseball, though I don't fully understand the eagerness to move Mookie Betts back to shortstop. Adding Conforto and re-signing Hernández confirms Mookie's an infielder moving forward, not a corner outfielder. What do they still need to do? Sign Roki Sasaki. That's a big one. The Dodgers have long been favored to sign the Japanese right-hander, though that does not mean it's a done deal. Sasaki has reportedly met with several clubs in recent weeks and is at least listening to what everyone has to say. Sasaki will be able to sign once the international signing period opens on Jan. 15 -- given his age (23), he is subject to the international bonus pools, so he will get a minor-league deal worth a few million rather than a Yamamoto contract -- and his 45-day posting window closes on Jan. 23. Beyond Sasaki, the Dodgers still need to re-sign Clayton Kershaw , who's already said he's pitching in 2025 , and possibly re-sign the other Hernández (Enrique). Los Angeles could use another high-leverage arm in the bullpen, too. I won't rule them out on Tanner Scott until he signs elsewhere. San Diego Padres Key additions: None Key losses: Kyle Higashioka , Ha-Seong Kim , David Peralta , Martín Pérez , Jurickson Profar , Tanner Scott, Donovan Solano Have they gotten better? No. The only player the Padres have added to their 40-man roster from outside the organization this offseason is Rule 5 Draft pick Juan Nuñez , who has yet to pitch above Single-A. San Diego has not signed a major league free agent or traded for a 40-man roster player. To be fair, the Padres added Jason Adam and Luis Arraez in in-season trades during the summer and they remain under team control in 2025, but so far, it's been a very quiet offseason for a San Diego team that won 93 games in 2024 and was a win away from the NLCS. For what it's worth, Cot's Baseball Contracts estimates their 2025 competitive balance tax payroll at $247.5 million , above the $241 million threshold and well above their $227.8 million CBT payroll in 2024. What do they still need to do? The Padres need a left fielder, a catcher, a starter given Joe Musgrove 's Tommy John surgery, and then another bat. Arraez, Xander Bogaerts , and Jake Cronenworth give San Diego the flexibility to put that bat at first base, second base, shortstop, or DH, but they need another bat. The Padres are expected to be in on Roki Sasaki and landing him would change the tenor of their offseason completely. I assume Profar will make his way back to the Padres at some point. He was great for them this past season and he's had the most successful years of his career in San Diego. It's one of those player/team marriages that just works. The Padres still have a long offseason to-do list, and I'd add an extension for free agent-to-be Michael King to it. Arizona Diamondbacks Key additions: Corbin Burnes, Josh Naylor Key losses: Josh Bell , Randal Grichuk , Joc Pederson , Christian Walker Have they gotten better? Yes, though losing Walker's all-around play hurts, and the Grichuk/Pederson platoon was sneaky great in 2024. Thanks to those two, the D-backs got a .279/.383/.508 line and 35 home runs from the DH spot this past season. That will be close to impossible to replace. I would not at all be surprised if 27-year-old Naylor out-hits 34-year-old Walker in 2024. Arizona will miss Walker's golden glove at first base, though. The offense has taken a hit this offseason but Burnes is a significant upgrade to the rotation. He's a balance of power guy, someone who can swing a wild-card race or a postseason series by himself, and there are very few players who can do that. What do they still need to do? I assume trading Jordan Montgomery is now the top priority. He was a trade candidate coming into the offseason given his 2024 performance (6.23 ERA in 117 innings) and owner Ken Kendrick's scathing comments , and now the Burnes signing has bumped Montgomery down to No. 7 on the rotation depth chart behind Burnes, Zac Gallen , Merrill Kelly , Eduardo Rodriguez , Brandon Pfaadt , and Ryne Nelson . The D-backs will presumably have to eat some of the $22.5 million they owe Montgomery to facilitate a trade, but they should be able to move him. The demand for pitching always outweighs the supply and his track record prior to 2024 is pretty good. Moving Montgomery and as much of his money as possible is the top priority. Beyond that, Arizona could use another veteran reliever and perhaps another bench bat (Grichuk reunion?). San Francisco Giants Key additions: Willy Adames Key losses: Mark Canha , Michael Conforto, Blake Snell Have they gotten better? Maybe? Possibly? It depends on your opinion of Adames and Snell. The Giants were said to be in the mix for Corbin Burnes, and not only were they unable to pull that off, they watched him go to the division rival. Extending Matt Chapman in-season took care of an important piece of offseason business, and full seasons of healthy Jung Hoo Lee and Robbie Ray will give San Francisco a boost. Otherwise, it feels like the Giants have done some brand name deck chair rearranging this offseason, and will be the same 77-81 win team they've been every year since 2019 except 2021 (they played at a 78-win pace in 2020). What do they still need to do? You can squint your eyes and see the makings of a good offense as long as Lee stays healthy and Heliot Ramos and Tyler Fitzgerald build on their successful 2024 seasons. The Giants really could use another starter, though. A frontline guy to pair with Logan Webb would have been ideal, though that's not going to happen now that Burnes is a D-back. Still, the Giants need someone to stabilize the back of the rotation and cut back on the number of openers and bullpen games. Ironically, Jordan Montgomery would be a nice fit for the Giants and Oracle Park, though trading for Arizona's cast-off after they signed Burnes would pour a little salt in the wound. Colorado Rockies Key additions: Thairo Estrada , Kyle Farmer , Jacob Stallings (re-signed) Key losses: Cal Quantrill , Brendan Rodgers , Charlie Blackmon (retired) Have they gotten better? Probably not, not that it will matter. The Rockies lost 103 games in 2023 and 101 games in 2024 -- those are the first two 100-loss seasons in franchise history, if you can believe that -- and there's no reason to think Colorado will contend in 2025. There are some interesting players here ( Brenton Doyle , Ryan Feltner , Nolan Jones , Ezequiel Tovar , etc.), but not nearly enough to make the Rockies relevant in 2025, even in the three wild-card era. Sorry, Rockies fans. What do they still need to do? Bring in a few more arms to help get through 162 games worth of innings. The Rockies can have a hard time signing pitchers because no one wants to pitch in Coors Field, but short-term contract guys like Jakob Junis , Colin Rea , Dillon Tate , Lou Trivino , and Spencer Turnbull would be worth a roll of the dice. Maybe one gives you 50-80 good innings before you flip him for a prospect at the deadline. The Rockies are probably a year away from being a year away, if that.
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For the best experience, please enable JavaScript in your browser settings. Northwestern Church University, which awarded Kapseret MP Oscar Sudi an honorary doctorate degree on Saturday has been in the spotlight. During the Saturday ceremony at the Eldoret National Polytechnic the church-run university based in Florida, United States surprised the country after awarding Sudi and two other MPs, John Waluke of Sirisia and Didmus Barasa (Kimilili). The institution further pulled another surprise by inviting former Bahati MP Kimani Ngunjiri as its chief guest, an honor reserved for distinguished academicians and top officials from the Ministry of Education. The University has been raising eyebrows in Kenya and across the globe. In mid last year, the Commission for University Education (CUE) listed 13 institutions that it claimed were illegally offering diplomas, degrees and postgraduate programmes in Kenya. Among the 13 institutions of higher learning was Northwestern Christian University. CUE warned Kenyans against enrolling in the institution and 12 others, saying their academic papers will not be recognized. Online, Kenyans reacted and raised questions particularly after Northwestern Christian listed and introduced Sudi as an Engineer. President of the Institution of Engineers of Kenya (IEK) President Eng Shammah Kiteme said Eng title was protected by law and should not be used by individuals who have not earned it through training in recognized institutions. “Please note that the initial Eng before anyone’s name is protected by law – Engineers Act 2011. It takes at least eight years of hard work to earn it. Please stop this (referring to Sudi as Engineer) disrespectful use of the title you haven’t earned,” said Eng Kiteme. A further look at Northwestern University’s operations shows that the institution had been dishing out honorary degrees locally and abroad. Last year, it awarded nominated MP Joseph Wainaina in Eldoret, raising eyebrows with Kenyans questioning the politicians’ contribution to society. Reports also indicated that for over 44 years, the university had given degrees to several governors, mayors, judges, lawyers and military generals among other government officials in the Philippines. Sudi was awarded an honorary doctorate in leadership Administration and Management for what the university termed as his contributions to development. The graduation ceremony was staged at the Eldoret National Polytechnic. Stay informed. Subscribe to our newsletter The honorary award came six months after a court in Nairobi acquitted the parliamentarian of charges of forgery of his academic papers, a matter that had dragged on in court for years. On June 2, 2024, Chief Magistrate Felix Kombo ruled that Sudi had no case to answer. Kombo acquitted Sudi on all nine charges of forgery saying the evidence adduced in court was illegally and fraudulently obtained. A graduand among the 300 who graduated on Saturday told The Standard that the University was purely offering online classes despite listing more than ten satellite campuses in Kenya. “There is a campus in Eldoret although I have not seen the physical structures. I am not sure about the location of the physical campus because we purely interact online,” the graduand said. While presenting Sudi for the award during the graduation ceremony, Northwest University cited his contributions to social and economic development, but did not mention his previous academic credentials. According to the university’s citation, Sudi, who has been Kapseret MP for over 12 years now, had delivered on community work especially in building churches and sponsoring the education of orphans, children from poor families as well as widows. In the list of graduands, Sudi was identified with Eng, the title given to Engineers. “Oscar Sudi is known as engineer for his hard work and has empowered boda boda and women various groups. He has empowered his community. He is involved in peace activities in the North Rift region,” the citation read in part. The university further cited: “In our research, we saw it fit and he is qualified and to be honored for an honorary doctorate degree.” Dr Sudi is a businessman with investments in real estate and agriculture. He recently established Timba XO club in Eldoret. Sudi told graduands that serving humanity was the real degree. “I am sponsoring more than 50 students from vulnerable families. I have also supported many people in different ways and that is the degree that we require,” the MP said. Waluke political leaders were selfless and deserved recognition. His Kimilili counterpart, Barasa, did not turn up for the graduation. “It is tough being a Kenyan politician. You have to be ready to be turned into a pauper or be jailed or be killed. I am happy that we are being recognized,” Waluke said. Mr Ngunjiri, the chief guest, thanked the university for recognizing efforts by leaders. “I am here because I value investment in education. The graduands will graduate and work in Kenya and abroad and build our economy. I am happy because the university which is run by the Church is championing peace,” he said. He joins a league of other politicians who have been awarded honorary doctorate degrees by various universities. They are among others Wiper Leader Kalonzo Musyoka who was awarded an Honorary Doctorate in Divinity and a Doctorate in Humane Letters in recognition of his achievements in peace making, conflict resolution efforts, sustainable community development and humanistic ideals by Kenyatta University. Cotu Secretary General Francis Atwoli, retired President Uhuru Kenyatta and ex-Prime Minister Raila Odinga are among leaders who have previously been awarded with honorary degrees. Atwoli was awarded by Masinde Muliro University of Science and Technology (MMUST) for his long service in the trade union in 2018 while Uhuru and Raila were recognized for their handshake and push for national unity six years ago. In December 2022, the Kenya Commission for Higher Education rejected the educational qualifications of Starehe MP Bishop Margaret Wanjiru, who was eying Nairobi Governor position. Wanjiru received the degree of Doctor of Theology from Vineyard Harvester Bible College on July 13, 2003. On October 26, 2010, she received a bachelor's degree in Christian Leadership from United Graduate College and Seminary International, raising questions about how she got a PhD before attaining an undergraduate degree. The graduation was presided over Dr Enos Ezine Musatsili, North Western University’s Country Director of all campuses in Kenya. The university said it has satellite campuses in Nairobi, Nakuru, Eldoret, Kisumu, Karatina, Kakamega, Maralal, Butere and Teso among others.Zoe Ball's son breaks silence on BBC exit and shares united family photo including dad and sister
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Researchers have recently identified a major evolution in the Androxgh0st botnet, which has grown more dangerous with the integration of the Mozi botnet’s capabilities. What began as a web server-targeted attack in early 2024 has now expanded, allowing Androxgh0st to exploit vulnerabilities in IoT devices, has said. Its latest report claims the botnet is now equipped with Mozi’s advanced techniques for infecting and spreading across a wide range of networked devices. The resurgence of Mozi: A unified botnet infrastructure Mozi, previously known for infecting IoT devices like and D-Link routers, was believed to be inactive following a in 2023. However, CloudSEK has revealed Androxgh0st has integrated Mozi’s propagation capabilities, significantly amplifying its potential to target IoT devices. By deploying Mozi’s payloads, Androxgh0st now has a unified botnet infrastructure that leverages specialized tactics to infiltrate IoT networks. This fusion enables the botnet to spread more efficiently through vulnerable devices, including and other connected technology, making it a more formidable force. Beyond its integration with Mozi, Androxgh0st has expanded its range of targeted vulnerabilities, exploiting weaknesses in critical systems. CloudSEK’s analysis shows Androxgh0st is now actively attacking major technologies, including Cisco ASA, Atlassian JIRA, and several PHP frameworks. In Cisco ASA systems, the botnet exploits cross-site scripting (XSS) vulnerabilities, injecting malicious scripts through unspecified parameters. It also targets Atlassian JIRA with a path traversal vulnerability (CVE-2021-26086), allowing attackers to gain unauthorized access to sensitive files. In PHP frameworks, Androxgh0st exploits older vulnerabilities such as those in Laravel (CVE-2018-15133) and PHPUnit (CVE-2017-9841), facilitating backdoor access to compromised systems. Androxgh0st’s threat landscape is not limited to older vulnerabilities. It is also capable of exploiting newly discovered vulnerabilities, such as CVE-2023-1389 in TP-Link Archer AX21 firmware, which allows for unauthenticated command execution, and CVE-2024-36401 in GeoServer, a vulnerability that can lead to remote code execution. The botnet now also uses brute-force credential stuffing, command injection, and file inclusion techniques to compromise systems. By leveraging Mozi’s IoT-focused tactics, it has significantly widened its geographical impact, spreading its infections across regions in Asia, Europe, and beyond. CloudSEK recommends that organizations strengthen their security posture to mitigate potential attacks. While immediate patching is essential, proactive monitoring of network traffic is also important. By tracking suspicious outbound connections and detecting anomalous login attempts, particularly from IoT devices, organizations can spot early signs of an Androxgh0st-Mozi collaboration.TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Mink Ventures Corporation MINK (" MINK " or the " Company ") today announced that the Board of Directors has approved the grant of an aggregate number of 500,000 incentive stock options to its officers and directors. The exercise price of the stock options granted is $0.10 per common share. Subject to the rules of the TSX Venture Exchange and the Company's Stock Option Plan, the options have a term of ten years and will expire on November 22, 2034. About Mink Ventures Corporation: Mink Ventures Corporation MINK is a Canadian mineral exploration company exploring for critical minerals in Ontario, Canada. It has a highly prospective, nickel copper cobalt exploration portfolio, with its Montcalm project, which now covers ~100 km 2 adjacent to Glencore's former Montcalm Mine with historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2010), as well as its expanded Warren Project. These complementary nickel copper cobalt projects have excellent access and infrastructure and are in close proximity to the Timmins Mining Camp. The Company has 22,456,488 common shares outstanding. For further information about Mink Ventures Corporation please contact: Natasha Dixon, President & CEO, T: 250-882-5620 E: ndixon@minkventures.com or Kevin Filo, Director, T: 705-266-6818 or visit www.sedar.com . Forward Looking Statements This press release includes certain "forward-looking information", including, but not limited to, statements with respect to the prospectivity of the Company's projects. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of MINK to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of exploration work; inability to raise the money necessary to incur the expenditures required to retain and advance the Montcalm Project; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; accidents, labour disputes and other risks of the mining industry; political instability, or delays in obtaining governmental and stock exchange approvals. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to MINK's filings with Canadian securities regulators available on SEDAR. These forward-looking statements are made as of the date hereof and MINK disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or ac curacy of this release. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Amicorp Group has announced its intention to challenge a claim exceeding $1 billion from the scandal-plagued Malaysian fund 1MDB. The corporate services provider denies any knowledge or facilitation of over $7 billion in fraudulent transactions associated with the embezzlement of 1MDB funds. In a statement released late Monday, Amicorp said it would contest the legal action initiated by Malaysia's sovereign wealth fund, 1Malaysia Development Berhad, in the British Virgin Islands. 1MDB claims Amicorp, headquartered in Hong Kong, and its CEO played a crucial role in the fraud that took place between 2009 and 2014, making it one of the largest claims tied to the multibillion-dollar graft scandal. Investigations by Malaysian and U.S. authorities previously suggested that $4.5 billion was illicitly diverted from 1MDB, implicating former Malaysian Prime Minister Najib Razak, Goldman Sachs employees, and high-level officials globally. Amicorp is accused of orchestrating a sophisticated conspiracy involving shell companies and fake transactions to conceal the movement of funds. Amicorp argues that the funds were misappropriated by senior Malaysian officials and the top management of Abu Dhabi's International Petroleum Investment Co and its subsidiary Aabar Investments PJS. In 2023, these UAE firms agreed to pay $1.8 billion to Malaysia in settlement over the 1MDB scandal. Najib Razak, who established 1MDB in 2009, is now serving a prison sentence for corruption and money laundering involving former unit SRC International. Despite his reduced sentence, he continues to face several other corruption trials linked to 1MDB. Amicorp claims it has not been subject to any administrative investigations or civil lawsuits, affirming its cooperation with Singaporean and Swiss authorities under mutual assistance arrangements in criminal matters, though it provided no further details. (With inputs from agencies.)
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CIBC Asset Management Inc acquired a new position in Intra-Cellular Therapies, Inc. ( NASDAQ:ITCI – Free Report ) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,806 shares of the biopharmaceutical company’s stock, valued at approximately $205,000. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Intra-Cellular Therapies by 1.4% in the first quarter. Vanguard Group Inc. now owns 9,225,981 shares of the biopharmaceutical company’s stock worth $638,438,000 after acquiring an additional 131,679 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in shares of Intra-Cellular Therapies by 106.0% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 17,023 shares of the biopharmaceutical company’s stock valued at $1,178,000 after buying an additional 8,760 shares during the last quarter. Natixis grew its position in shares of Intra-Cellular Therapies by 165.9% during the first quarter. Natixis now owns 3,733 shares of the biopharmaceutical company’s stock worth $258,000 after buying an additional 2,329 shares in the last quarter. Tidal Investments LLC increased its stake in shares of Intra-Cellular Therapies by 13.9% in the first quarter. Tidal Investments LLC now owns 3,698 shares of the biopharmaceutical company’s stock worth $256,000 after buying an additional 450 shares during the last quarter. Finally, Farallon Capital Management LLC acquired a new stake in Intra-Cellular Therapies in the first quarter valued at $15,985,000. 92.33% of the stock is owned by hedge funds and other institutional investors. Insiders Place Their Bets In other Intra-Cellular Therapies news, CEO Sharon Mates sold 40,513 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $73.58, for a total transaction of $2,980,946.54. Following the sale, the chief executive officer now directly owns 1,070,329 shares in the company, valued at approximately $78,754,807.82. The trade was a 3.65 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Also, President Michael Halstead sold 22,869 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $89.12, for a total transaction of $2,038,085.28. The disclosure for this sale can be found here . In the last quarter, insiders sold 97,778 shares of company stock worth $7,524,436. 2.60% of the stock is owned by company insiders. Wall Street Analysts Forecast Growth Check Out Our Latest Stock Report on ITCI Intra-Cellular Therapies Stock Performance Intra-Cellular Therapies stock opened at $85.69 on Friday. The firm has a market capitalization of $9.08 billion, a P/E ratio of -98.49 and a beta of 0.97. The company has a 50-day simple moving average of $79.05 and a 200-day simple moving average of $74.66. Intra-Cellular Therapies, Inc. has a one year low of $58.14 and a one year high of $93.45. Intra-Cellular Therapies ( NASDAQ:ITCI – Get Free Report ) last issued its quarterly earnings data on Wednesday, October 30th. The biopharmaceutical company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.07). Intra-Cellular Therapies had a negative return on equity of 9.93% and a negative net margin of 14.07%. The business had revenue of $175.40 million for the quarter, compared to analyst estimates of $172.30 million. During the same quarter in the prior year, the firm posted ($0.25) earnings per share. The business’s quarterly revenue was up 39.0% on a year-over-year basis. As a group, sell-side analysts forecast that Intra-Cellular Therapies, Inc. will post -0.64 earnings per share for the current year. About Intra-Cellular Therapies ( Free Report ) Intra-Cellular Therapies, Inc, a biopharmaceutical company, focuses on the discovery, clinical development, and commercialization of small molecule drugs that address medical needs primarily in neuropsychiatric and neurological disorders by targeting intracellular signaling mechanisms in the central nervous system (CNS) in the United States. Read More Want to see what other hedge funds are holding ITCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intra-Cellular Therapies, Inc. ( NASDAQ:ITCI – Free Report ). Receive News & Ratings for Intra-Cellular Therapies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intra-Cellular Therapies and related companies with MarketBeat.com's FREE daily email newsletter .
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