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2025-01-10   

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Farewell to a legend

4 easy, comforting bean dishes for fallCOLUMBIA, S.C. (AP) — With the largest number of newly elected members at least since World War II, Republican South Carolina Senate leaders are thinking about tackling some issues like tax reform that have long been too tough to handle. The 13 new senators — nine Republicans and four Democrats — came to the Statehouse on Wednesday to meet, give five-minute introductory speeches, get their committee assignments and pick their seats. The session doesn't start for 40 more days. When it does begin, Republican Majority Leader Shane Massey wants to debate a bill to allow parents to spend public money on private schools, tweaking a law that was found unconstitutional by the state Supreme Court earlier this year. Massey wants the Senate — which now had a 34-12 Republican supermajority — to look into a broad bill rewriting South Carolina's energy policy to ensure the rapidly growing state has enough power. There are criminal justice issues like fighting fentanyl and major retail theft and what many senators think is the growing problem with insurance rate spikes because the state's liability laws don't differentiate between levels of responsibility, Massey said. But all those new members could mean senators can go after items that have long met resistance like reforming the state's entire tax system or retirement system or the civil lawsuit system. “I think there will be some dynamic changes,” Massey said of all the new senators. “The personalities are different.” But issues can wait until the session starts on Jan. 14. Wednesday was for housekeeping matters and introductions, with family watching their loved ones being sworn in There was one major rule change passed. The Senate President and Majority Leader now can sponsor a resolution to remove a chairman from a committee that will go before the Rules Committee and the entire Senate. There have been rumblings over the past few years about how some chairpersons, who are determined by seniority, handle their committees and the pace of legislation passed out of them. The rule sends a message to them about how they operate. Massey said he doesn't expect the rule to ever be used, but it's there as a safeguard. “We just want to make sure the committees are doing the work that they are tasked with doing and the majority is able to move legislation,” Massey said. Jeffrey Collins, The Associated Press

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The dark web of car loan fraud is a well-oiled machine, with various players working in concert to exploit the vulnerable. From the initial recruiters who entice victims with false promises, to the fraudulent lenders who manipulate loan amounts for maximum profit, every step of the process is carefully orchestrated to ensure the scammers come out on top.It doesn’t seem like that long ago United Conservative Party (UCP) cabinet ministers, MLAs and political aides were getting in to all kinds of hot water for their holiday travel. Who can forget Tracy Allard, booted from her job as municipal affairs minister for her mid-pandemic Hawaiian holiday? Or the controversies in 2021 stirred up by vacation jet-setters Tanya Fir (Vegas), Jeremy Nixon (Hawaii), Pat Rehn (Mexico), Jason Stephan (Arizona), and Tany Yao (Mexico)? Well, that was then and this is now. Different premier, too. These days, of course, COVID-19 may still be around, but if anyone’s paying attention it’s not evident, and UCP MLAs are travelling all over the place. One thing has changed, though – we the people, as they say south of the 49 th Parallel, are picking up the tab for these junkets. According to a news release Friday, Justice Minister Mickey Amery and Technology and Innovation Minister Nate Glubish were scheduled to jet off on Saturday to the United Arab Emirates for a week “promoting Alberta as an AI hub.” Well that sounds important, although just what any of the goings on in the dusty desert city of Dubai, home to the world’s tallest building, have to do with the administration of justice in Alberta remains an interesting question. The answer proffered by Amery in the press release was not particularly convincing: “This mission will provide us with an excellent opportunity to gain insights about advancements in artificial intelligence and digital infrastructure, and to explore how these innovations might be applied to our own work in the Alberta justice system.” Hmmm. Facial recognition software, anyone? The UCP’s pro-convoy base should just love that! The week-long junket will see Glubish address the Global AI Show on Friday the 13 th , according to the presser, although the details of the engagement were left a little fuzzy by the author of the statement. Amery and Glubish will be accompanied by four staffers. The UCP must have been impressed with the quality of the accommodations in Dubai a year ago during the COP28 United Nations climate change conference . According to the CBC on Friday, yet another Alberta delegation will be heading to Dubai early in the New Year to “attract skilled workers who live temporarily in the UAE.” That sounds strange for a government that can’t stop assailing Prime Minister Justin Trudeau for Ottawa’s immigration policies. It’s almost as if one day we’re closed and the next day we’re wide open. Depends on who’s doing the asking, I guess. Meanwhile, according to another release on Friday, a couple more “Alberta MLAs will participate in year-end tours that will play an important role in cementing ties they have been building with partners in the U.S. this past year, while setting the stage for even greater cooperation heading into 2025.” Cypress-Medicine Hat UCP MLA Justin Wright will be off to Colorado Springs, Colo., tomorrow, to take part in the Council of State Governments Western Legislative Academy in Colorado Springs, “for training and consensus building.” The five-day event, according to the news release, is a “ premier multi-day legislative leadership training program.” But not in the Canadian sense of that word, obviously. The Big Brains of the UCP may have missed it that we have a different system of government, even here in Wild Rose Country, although perhaps for not much longer if the next president of the United States gets his way . Why the United States would accept Canada as a huge state – the biggest state! bigger than Texas, even! where almost everyone outside Alberta and Saskatchewan would vote for the Democratic Party presidential candidate – is not clear when Washington pulls the strings of our federal government anyway. But no one ever said Donald Trump was a deep thinker. But I digress. That Westminster Parliamentary system thing is probably why Alberta is only an associate member of the CSG. Meanwhile, the release continued, Airdrie-East MLA Angela Pitt will fly to Austin, Texas, from December 12 to 14 to attend the National Conference of State Legislatures’ Leaders’ Symposium. The December 12-14 trip should be a useful learning opportunity for Pitt, who not so long ago publicly mused about how Alberta should become a fully autonomous province like South Tyrol, the German-speaking Italian province that didn’t get rolled into the German Reich along with next-door Austria in 1938 because the leaders of Germany and Italy at the time were somewhat simpatico, ideologically speaking. While she’s in the Texas capital, Pitt might ask what happened in 1861 when several U.S. states entertained similar ideas about autonomy. That said, I’m sure Pitt will be welcomed warmly – Texans and Canadians seem quite simpatico too, possibly because they both live in places that were once countries independent of the United States. She will be surprised to learn, though, that Austin is more liberal than Edmonton. This may explain its branding: “ Keep Austin Weird .” Meanwhile, don’t try to ask Premier Danielle Smith about this. Along with four flunkies from her office, she’s already at the Western Governors’ Association’s winter meeting in Las Vegas. With the holiday season almost upon us, it’s starting to feel as if the UCP is running a travel agency, not a government! Support rabble today! We’re so glad you stopped by! Thanks for consuming rabble content this year. rabble.ca is 100% reader and donor funded, so as an avid reader of our content, we hope you will consider gifting rabble with a donation during our summer fundraiser today. Nick Seebruch, editor Whether it be a one-time donation or a small monthly contribution, your support is critical to keep rabble writers producing the work you’ve come to rely on as a part of a healthy media diet. Become a rabble rouser — donate to rabble.ca today. Nick Seebruch, editor Support rabble.caWang Chuqin Maintains He Wasn't Affected by Controversial Ball Tracking System - Hawkeye Ensures FairnessCabinet ministers have been warned they must find more savings in their departments as the Chancellor said “every pound” of Government spending will be scrutinised in a major budget review. Secretaries of State are being told that any outgoings which are not contributing towards one of Labour’s “priorities” must be cut as Rachel Reeves vows to wield “an iron fist against waste.” In letters sent by Chief Secretary to the Treasury Darren Jones, departments will be told to brace for “difficult” spending decisions in order to restore trust in the Government’s handling of the public finances. Every pound of departmental spending will be face a “line-by-line review” involving external finance experts from banks and think tanks in order to ensure it represents value for money, the Treasury said. The Chancellor will on Tuesday launch the next round of Government spending, and is expected to warn departments that they “cannot operate in a business-as-usual way when reviewing their budgets for the coming years”. She will insist that areas focused on Prime Minister Sir Keir Starmer’s “plan for change”, which includes targets to improve living standards across the country and build 1.5 million homes, must be prioritised. Ms Reeves said: “By totally rewiring how the Government spends money we will be able to deliver our plan for change and focus on what matters for working people. “The previous government allowed millions of pounds of taxpayers’ money to go to waste on poor value for money projects. We will not tolerate it; I said I would have an iron grip on the public finances and that means taking an iron fist against waste. “By reforming our public services, we will ensure they are up to scratch for modern day demands, saving money and delivering better services for people across the country. That’s why we will inspect every pound of Government spend, so that it goes to the right places and we put an end to all waste.” Under the Treasury’s plans, departments will ensure budgets are scrutinised by “challenge panels” of external experts including former senior management of Lloyd’s Banking Group, Barclays Bank and the Co-operative Group. These panels, which will also involve think tanks, academics and the private sector, will advise on which spending “is or isn’t necessary”, the ministry said. The Treasury said work has already begun, with an evaluation of the £6.5 million spent on a scheme that placed social workers in schools finding “no evidence of positive impact on social care outcomes”. “Departments will be advised that where spending is not contributing to a priority, it should be stopped,” it said. “Although some of these decisions will be difficult, the Chancellor is clear that the public must have trust in the Government that it is rooting out waste and that their taxes are being spent on their priorities.” Ms Reeves had already announced efficiency and productivity savings of 2% across departments in her autumn budget as she seeks to put the public finances on a firmer footing. In a speech in east London, Chancellor of the Duchy of Lancaster Pat McFadden hinted at a further squeeze. “At the Budget the Chancellor demanded efficiency and productivity savings of 2% across departments – and there will be more to come,” he said. “As we launch the next phase of the spending review at its heart must be reform of the state in order to do a better job for the public.”

Daiwa Securities Group Inc. grew its stake in shares of Graco Inc. ( NYSE:GGG – Free Report ) by 10.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 12,800 shares of the industrial products company’s stock after purchasing an additional 1,200 shares during the period. Daiwa Securities Group Inc.’s holdings in Graco were worth $1,120,000 as of its most recent filing with the SEC. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cahill Financial Advisors Inc. increased its holdings in Graco by 1.2% during the 3rd quarter. Cahill Financial Advisors Inc. now owns 24,936 shares of the industrial products company’s stock worth $2,182,000 after purchasing an additional 302 shares in the last quarter. Cerity Partners LLC increased its holdings in Graco by 93.5% during the 3rd quarter. Cerity Partners LLC now owns 13,380 shares of the industrial products company’s stock worth $1,171,000 after purchasing an additional 6,464 shares in the last quarter. Raymond James Trust N.A. increased its holdings in Graco by 59.0% during the 3rd quarter. Raymond James Trust N.A. now owns 9,225 shares of the industrial products company’s stock worth $807,000 after purchasing an additional 3,422 shares in the last quarter. Portfolio Design Labs LLC bought a new stake in Graco during the 3rd quarter worth approximately $2,139,000. Finally, PNC Financial Services Group Inc. increased its holdings in Graco by 5.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 55,004 shares of the industrial products company’s stock worth $4,813,000 after purchasing an additional 2,939 shares in the last quarter. 93.88% of the stock is owned by institutional investors. Analysts Set New Price Targets A number of equities analysts have recently weighed in on the company. Robert W. Baird cut their target price on Graco from $88.00 to $85.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Royal Bank of Canada cut their target price on Graco from $96.00 to $93.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Finally, DA Davidson restated a “neutral” rating and issued a $79.00 target price on shares of Graco in a research note on Friday, September 27th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $89.25. Insider Activity at Graco In other Graco news, insider Peter J. O’shea sold 18,075 shares of the stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $88.76, for a total transaction of $1,604,337.00. Following the sale, the insider now owns 14,516 shares in the company, valued at $1,288,440.16. This represents a 55.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link . Also, insider David J. Thompson sold 3,216 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $88.31, for a total value of $284,004.96. Following the sale, the insider now owns 27,246 shares in the company, valued at approximately $2,406,094.26. This represents a 10.56 % decrease in their position. The disclosure for this sale can be found here . Over the last quarter, insiders have sold 22,818 shares of company stock worth $2,026,230. Insiders own 2.63% of the company’s stock. Graco Trading Up 0.6 % Graco stock opened at $91.08 on Friday. Graco Inc. has a 12 month low of $77.49 and a 12 month high of $94.77. The business’s 50 day simple moving average is $86.39 and its 200 day simple moving average is $82.95. The company has a market cap of $15.38 billion, a price-to-earnings ratio of 32.18, a PEG ratio of 3.13 and a beta of 0.82. Graco ( NYSE:GGG – Get Free Report ) last posted its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.05). Graco had a net margin of 22.87% and a return on equity of 21.24%. The firm had revenue of $519.21 million during the quarter, compared to analysts’ expectations of $538.19 million. During the same quarter in the previous year, the company posted $0.76 EPS. Graco’s revenue for the quarter was down 3.8% on a year-over-year basis. As a group, equities research analysts forecast that Graco Inc. will post 2.89 earnings per share for the current fiscal year. Graco Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 6th. Investors of record on Monday, October 21st were paid a $0.255 dividend. The ex-dividend date was Monday, October 21st. This represents a $1.02 annualized dividend and a yield of 1.12%. Graco’s payout ratio is 36.04%. Graco Company Profile ( Free Report ) Graco Inc designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The Contractor segment offers sprayers to apply paint to walls and other structures; two-component proportioning systems that are used to spray polyurethane foam and polyurea coatings; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. Featured Articles Want to see what other hedge funds are holding GGG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Graco Inc. ( NYSE:GGG – Free Report ). Receive News & Ratings for Graco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graco and related companies with MarketBeat.com's FREE daily email newsletter .

Stock Market Today: Consolidation continued in the Indian stock market during the week ending 27 December, as the Benchmark Nifty 50 Index and S&P BSE Sensex ended about 1% weekly. Bank Nifty was about 1% higher, while Pharma Auto and FMCG were top outperformers. Metals & Industrials, on the other hand, remained among key underperformers. Caution in the markets is reflected in the broader markets as mid-caps and small-caps ended flat Trade setup for Monday On the technical front, Nifty is striving to hold its critical long-term moving average (200 Day Exponential Moving Average), A decisive breach below the recent swing low of 23,500 could intensify selling pressure, with the next major support level near November’s low of 23,263.15, said Ajit Mishra – SVP, Research, Religare Broking Ltd. On the upside, the 24,100–24,400 zone remains a key resistance, he added For the Bank Nifty, 51000 will act as a crucial support zone for traders, while the 50-day SMA or 51600 and 52000 will serve as important resistance zones, said Amol Athawale, VP- Technical Research, Kotak Securities. Global markets to 2025 outlook Significant market attention is expected for the upcoming Q3 results, which will be crucial in shaping the market trajectory. Investors are likely to align their portfolios based on pre-budget expectations. Additionally, key data points such as the PMI data for India, the US, and China and US jobless claims will influence investor sentiment. The auto sector is likely to be in the limelight, aided by an expectation of a pickup in volumes in December and comfort in valuation, said Vinod Nair, Head of Research, Geojit Financial Services. Stocks to buy today Sumeet Bagadia, Executive Director at Choice Broking, has recommended two stock picks for today. Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi has suggested three stock ideas. These include CEAT Ltd, Campus Activewear Ltd, Hindustan Petroleum Corporation Ltd (HPCL), Bharat Electronics Ltd (BEL) and ICICI Bank Ltd Sumeet Bagadia's stocks to buy today 1.CEAT Ltd - Bagadia recommends buying CEAT Ltd at ₹ 3253.45, keeping Stoploss at ₹ 3139 for a target price of ₹ 3481 CEAT Ltd is currently trading at ₹ 3253.45, exhibiting a strong bullish trend marked by the formation of higher highs and higher lows. The stock recently reversed from a key support level and formed a bullish candlestick pattern on the daily timeframe, signalling upward momentum. This reversal is further validated by a noticeable increase in trading volumes, indicating robust buying interest from investors. 2.Campus Activewear Ltd - Bagadia recommends buying Campus at ₹ 315.80, keeping Stoploss at ₹ 304 for a target price of ₹ 338 Campus is trading at ₹ 315.8, forming a bullish head-and-shoulders pattern that indicates a potential trend reversal to the upside. After completing the left, head, and right shoulder, the price successfully broke out above the neckline, signalling strong upward momentum. Ganesh Dongre's stocks to buy today 3. Hindustan Petroleum Corporation Ltd (HPCL) - Dongre recommends buying HPCL at ₹ 410, keeping Stoploss at ₹ 400 for a target price of ₹ 430. A notable bullish reversal pattern has emerged in the stock's recent short-term trend analysis. This technical pattern suggests the possibility of a temporary retracement in the stock's price, potentially reaching around ₹ 430. The stock is currently maintaining a crucial support level of Rs.400. Given the current market price of Rs.410, a buying opportunity is emerging. This suggests that investors might consider purchasing the stock at its current price, anticipating a rise towards the identified target of Rs.430. 4. Bharat Electronics Ltd (BEL) _ Dongre recommends buying Bharat Electronics Ltd (BEL) at ₹ 293 for a Stoploss at ₹ 285 for a target price of ₹ 305 A notable bullish reversal pattern has emerged in the stock's recent short-term trend analysis. This technical pattern suggests the possibility of a temporary retracement in the stock's price, potentially reaching around Rs.305. The stock is currently maintaining a crucial support level at Rs.285. Given the current market price of Rs.293, a buying opportunity is emerging. This suggests that investors might consider purchasing the stock at its current price, anticipating a rise towards the identified target of Rs.305 5. ICICI Bank Ltd - Dongre recommends buying ICICI Bank at ₹ 1308, keeping Stoploss at ₹ 1290 for a target price of ₹ 1340. A notable bullish reversal pattern has emerged in the stock's recent short-term trend analysis. This technical pattern suggests the possibility of a temporary retracement in the stock's price, potentially reaching around Rs. 1340. At present, the stock is maintaining a crucial support level at Rs.1290. Given the current market price of Rs.1308, a buying opportunity is emerging. This suggests that investors might consider purchasing the stock at its current price, anticipating a rise towards the identified target of Rs. 1340. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.When Jolene Howden-Turnbull arrived for the Rebel Sport Christmas Trolley Dash Tauranga she had a game plan for how things would go. “The plan completely went out the window,” Howden-Turnbull said. She had 90 seconds to fill the trolley with $5000 worth of Rebel Sports merchandise, including clothing, shoes, and sports equipment. While she was dashing around Rebel Sport Tauranga on Wednesday, four others were happening simultaneously in Auckland, Wellington, Christchurch, and Dunedin. Her journey to the trolley dash started three years ago in 2021 when her son Isis Teaukura, then 15, was d iagnosed with rare bone cancer Ewing Sarcoma .

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