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Stock market today: Rising tech stocks pull Wall Street to another recordNone
The ( ) is one of the most impressive businesses on the ASX with how it grew from a relatively small business into the global giant it is today. However, long-term shareholders may find themselves significantly allocated to the business because of its share price growth over the years. What are investors supposed to do about that? I can understand if shareholders want to stay invested, but perhaps gaining exposure to the ASX healthcare sector through additional businesses could be a good strategy. I'm going to talk about two businesses that offer generalised exposure to the healthcare sector, rather than being focused on one medical condition or one type of treatment. Sonic Healthcare Ltd ( ) Sonic Healthcare is a pathology business with global operations. It has a presence in countries like Australia, New Zealand, the UK, Germany, Switzerland and the USA. It provides an essential part of the healthcare journey so that patients can get the right treatment. I believe this business offers defensive earnings because demand is always there – people continue to get sick regardless of what's going on with the economy. Indeed, long-term demand is increasing in those countries with growing and ageing populations. This is helping drive Sonic Healthcare's organic revenue. The ASX healthcare stock is also regularly making acquisitions to boost its presence and scale. European acquisitions have been a focus in the last couple of years. Sonic Healthcare is investing money and effort into artificial intelligence, which could help it lower costs and serve customers. I think the long-term looks very promising for this business, if its revenue and margins increase. NIB Holdings Limited ( ) NIB is one of the largest private health insurers in Australia. It looks much better value to me following the 25% decline of the NIB share price in the last six months, as shown on the chart below. The business generates earnings in a variety of different ways, such as its core Australian resident health insurance business, the international students and workers segment and an NDIS business. The ASX healthcare stock is in a challenging environment where private health providers such as hospitals are facing difficulties, while the government and private health insurers are being asked for increased funding. I don't know how this will be resolved, but I do believe this pessimistic period is a good time to be looking at NIB shares whilst there is pain in the sector. NIB continues to win new policyholders, which provides scale benefits and is a tailwind for profitability. In , its number of Australian resident health insurance policyholders had increased by a further 3.2% to 728,901. This is not a simple turnaround, but I think the NIB share price decline reflects the difficulties and provides an opportunity for brave investors.Hanesbrands Inc. stock outperforms competitors on strong trading dayNone
ARMOUR Residential REIT, Inc. Announces December 2024 Dividend Rate Per Common Share
Nigeria-India investment relations got a boost, on Sunday, when Indian Origin Healthcare Group, Padiyath Healthcare revealed it has earmarked investment worth $100 million in the Nigeria’s healthcare sector. This disclosure was made by Padiyath Healthcare Chairman Dr Hazeeb Rahman Padiyath, during an address after visiting the Indian Prime Minister Narendra Modi, in Abuja. According to Padiyath, the investments when completed will enable Nigerians access world class hospital at affordable cost. He disclosed that already the company is set to commission a world-class hospital, in Abuja as part of the long term investment drive of the India company, in the country. According to him, the first one is the “Padiyath Mayfields Hospitals”, a 300-bed tertiary care hospital which is being constructed in Suncity estates, Galadimawa, Abuja,” adding that “When commissioned it will be Nigeria’s largest private sector hospital”. He told the visiting India PM that the “Hospital brings in advanced diagnostic equipments like 3T MRI. 256 Slice CT Scan Machine which will be the first of its kind in western Africa along with Cardiac cathlab, 24 Super speciality centers of excellence, 25 bedded Intensive care unit, Operation theatre in emergency department itself in addition to the Operation Theater complex in the 3rd floor which can be lifesaving in times of emergency”. He said the project will be ready for unveiling by February 2025. The India investor disclosed that the second Hospital Padiyath Cancare Hospitals which will also be domiciled in Abuja will be a 200-bed hospital world class cancer institute. “This center will be a full-fledged cancer hospital with equipments like Pet Scan, Linear accelerator & Gamma knife,” Dr. Padiyath said. The Group Padiyath healthcare is true Indian multinational healthcare provider with operations in India, middle east & Africa, the company boss said. The Africa expansions are spearheaded by Dr. Padiyath. It is part of his vision to provide quality affordable healthcare across the Africa maintaining the principles of Padiyath Healthcare which says “Technology -Technique -Touch”.Number of women who are state lawmakers inches up to a record high
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SAN JOSE, Calif.--(BUSINESS WIRE)--Nov 27, 2024-- Peak Technology, a leading provider of Rapid Prototyping and Advanced Manufacturing Solutions to the Semiconductor, Bio-Medical, Aerospace and other Deep Tech industries, has approved a definitive agreement to acquire all the intellectual property (IP) and assets of former 3D printer technology company Type A Machines. With this acquisition augmenting an already broad range of custom engineering, fabrication, assembly, and integration services, Peak Technology will significantly improve its position as an Original Equipment Manufacturer (OEM) capable provider of design, prototyping and manufacturing solutions to global manufacturers of high-tech products and equipment. "By adding 3D printing services and product technology to our corporate portfolio, we are making a statement to the industry that we have a world-class production system specifically designed to address the product development and manufacturing challenges faced by our customers as they navigate the ever changing requirements of the 4th Industrial Revolution,” commented Robert de Neve, COO & Head of Corporate Venture for Peak Technology. Mr. de Neve added, “3D printing, also known as Additive Manufacturing, will be the catalyst that drives Peak Technology to expand into new markets and continue to hit the key objectives mandated by our strategic growth plan.” “I am very excited about this addition to our capabilities,” said Sharon Woo, Founder and Chief Executive Officer of Peak Technology. Ms. Woo continued, “Our focus on continuous adaptation and innovation highlights our commitment to address the evolving needs of our customers.” This acquisition is totally complementary to Peak Technology’s portfolio of products and services and will allow the company to enter CY25 as the only supplier to offer a full spectrum and comprehensive suite of Additive Manufacturing (AM) services. In addition to complementing Peak’s state-of-the-art Subtractive Manufacturing (CNC machining) capabilities, pre-AM, in situ-AM, and post-AM processes such as the material selection, forming, fabricating, machining, and assembling of highly engineered plastics-based components, assemblies and subsystems, provide one of a kind productization and realization solutions to OEMs around the world. About Type A Machines Type A Machines was a company known for producing high-quality, large build volume 3D printers, particularly their "Series 1" model, and multi-unit “Printer Pod,” which offered a cubic foot of printing space, making it suitable for larger projects and professional applications; the company was recognized for its focus on modularity, and parallel production level printing, allowing users to easily upgrade, customize and optimize their machines for prototype and production environments. Key points about Type A Machines 3D printing: Large build volume Modular design Professional-grade quality Material compatibility Wide range of materials including PLA, PET, and nylon Maker movement roots Focus on high throughput and production linearity About Peak Technology Headquartered in Silicon Valley, CA, Peak Technology is an Advanced Prototype & Manufacturing Solutions company specializing in producing components, assemblies and modules made from highly engineered plastics and other technical materials. The company provides the following services to Original Equipment Manufacturers (OEMs) building complex electro-mechanical, optical, and mechatronic products and equipment: Materials Science & Selection Design For Manufacturing (DFM) & Design for Additive Manufacturing (DFAM) New Product Introduction & Manufacturing Systems Engineering Additive & Subtractive Component Manufacturing Modular Manufacturing, System Integration & Process Automation Spares, Repairs & Refurbishing Peak Technology is committed to building a best in class business operating system and fostering a corporate culture based on four core principles: 1) Execute with Heart, 2) Operate with Extraordinary Customer Focus, 3) Be Growth Centric and 4) Exhibit Extreme Ownership and Accountability. Additional information may be found at www.peakfab.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241127391210/en/ CONTACT: For more information, please contact:Lotus Miranda Business Administration Manager Peak Technology Enterprises 408.748.1102 Lotus@peakfab.com www.peakfab.com KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: SOFTWARE GENERAL HEALTH MACHINERY HARDWARE ELECTRONIC DESIGN AUTOMATION TECHNOLOGY SEMICONDUCTOR ENGINEERING CHEMICALS/PLASTICS AEROSPACE MANUFACTURING HEALTH SOURCE: Peak Technology Copyright Business Wire 2024. PUB: 11/27/2024 04:09 PM/DISC: 11/27/2024 04:09 PM http://www.businesswire.com/news/home/20241127391210/enAUSTIN, Texas (AP) — Texas defensive tackle Alfred Collins surveyed the wreckage left by the No. 2 Longhorns' total domination of Texas A&M. Read this article for free: Already have an account? To continue reading, please subscribe: * AUSTIN, Texas (AP) — Texas defensive tackle Alfred Collins surveyed the wreckage left by the No. 2 Longhorns' total domination of Texas A&M. Read unlimited articles for free today: Already have an account? AUSTIN, Texas (AP) — Texas defensive tackle Alfred Collins surveyed the wreckage left by the No. 2 Longhorns’ total domination of Texas A&M. Then he summed up the message he believes it sent to the rest of college football about the Texas defense. “We’re the best in the nation,” Collins said. It’s hard to argue with the evidence the No. 2 Longhorns (11-1, 7-1, No. 3 CFP) have produced week after week in earning a spot in the Southeastern Conference championship game Saturday against No. 6 Georgia (10-2, 6-2 No. 7 CFP). The winner also earns a first-round bye in the 12-team College Football Playoff. Texas opened the season with a shutout. Three more times the Longhorns did not surrender an offensive touchdown. The defense has surrendered a total of 17 points over the last three games. The Longhorns rank No. 3 nationally in total defense, No. 2 in scoring defense, No. 1 in passing yards allowed and No. 3 in total interceptions while allowing just six passing touchdowns. Against Texas A&M, in the first game in the rivalry since 2011, Texas allowed just 248 total yards and made two critical touchdown-saving stands, one early and one late, that sealed a 17-7 victory. On the second one, Texas stuffed the Aggies on fourth-and-goal from the Texas 1 with less than five minutes left. “We feel like nobody’s getting in the end zone with us,” Texas linebacker Anthony Hill Jr. said after the game. “If you think you’re going to just run right at us for 1 yard, I feel like you’ve lost your mind. I feel like that’s not going to happen.” Most notable against A&M was how the defense turned momentum and rescued a sputtering offense after the Aggies had scored their only touchdown on an interception return, and then blocked a punt. Backed inside their 5, the Texas defensive line mauled the Aggies and stuffed four consecutive run plays. “It’s just like a common theme at this point,” Texas quarterback Quinn Ewers said after the game, “they continue to save our butts on offense.” The game against Georgia is a rematch of the Bulldogs’ 30-15 win on Oct. 19. Texas will be playing in the title game in its first year in the league. The Bulldogs are in the championship game for the fourth consecutive year and for the seventh time since 2018. The Bulldogs’ 30 points was the most the Longhorns allowed all season. But even then, the Texas defense mostly excelled, holding Georgia under 300 total yards and intercepting three passes by Georgia quarterback Carson Beck. Georgia ran out to a 23-0 lead after two Texas turnovers set up the Bulldogs with short drives for a pair of touchdowns. Arguably the only time the Texas defense truly broke this season was a second half touchdown drive by the Bulldogs that put the game out of reach. The Longhorns had pulled within 23-15 when Georgia marched 89 yards in 11 plays for Trevor Etienne’s fourth-down 1-yard TD run. “Georgia had a bunch of short fields and took advantage of those,” Texas coach Steve Sarkisian said Monday. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. If anything, the Texas defense has gotten better since then. And Georgia coach Kirby Smart won’t count on Texas being starstruck playing in the SEC title game. “I think defensively they’ve been at a high level the entire year,” Smart said. “I’m just saying that the previous matchup does not determine this matchup,” Smart said. “You can’t overstate that to your players because the flow of that game was different in the first three, four, five drives. And then, you know, after a turnover it went the other way a little bit.” ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football Advertisement Advertisement
LOS ANGELES (AP) — Londynn Jones scored 15 points, making all five of her 3-pointers, and fifth-ranked UCLA stunned No. 1 South Carolina 77-62 on Sunday, ending the Gamecocks’ overall 43-game winning streak and their run of 33 consecutive road victories. The Gamecocks (5-1) lost for the first time since April 2023, when Caitlin Clark and Iowa beat them in the NCAA Tournament national semifinals. Te-Hina Paopao scored 18 points and Tessa Johnson scored 14 for the Gamecocks, whose road winning streak was third-longest in Division I history. It was the first time UCLA took down a No. 1 team in school history, having been 0-20 in such games. The program's previous best wins were over a couple of No. 2s — Oregon in 2019 and Stanford in 2008. Elina Aarnisalo added 13 points as one of five Bruins in double figures. UCLA (5-0) dominated from start to finish, with the Bruins' suffocating defense preventing the Gamecocks from making any sustained scoring runs. South Carolina: The Gamecocks trailed by double-digits at halftime for the first time since Dec. 21, 2021, against Stanford, according to ESPN. Chloe Kitts, who averages a team-leading 14 points, finished the game with 2 points on 1 of 7 shooting. UCLA: The Bruins led 43-22 at halftime. Eight different players scored and contributed to 11-0 and 7-0 runs in the first and second quarters as they shot 52% from the field. The first quarter set the tone for a game in which the Gamecocks never led. They missed their first nine shots and were 4 of 18 from the floor in the quarter. UCLA ran off 11 straight points to take a 20-10 lead into the second quarter. The Bruins dominated the boards, 41-34, and held the Gamecocks well under their scoring average of 80.2 points. South Carolina travels to Florida to meet Iowa State in the Fort Myers Tipoff on Thanksgiving. UCLA travels to the Rainbow Wahine Showdown in Hawaii to play UT Martin on Friday. Get poll alerts and updates on the AP Top 25 all season. Sign up here. AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketballSandstorm Gold Royalties Provides Updates on Producing and Key Development AssetsMiddle East latest: Israel and Hezbollah trade fire, threatening Lebanon ceasefire
Arsenal, Man City and Bayern advance to Women's Champions League quarterfinalsENGLEWOOD, Colo. — John Elway says any remorse over bypassing Josh Allen in the 2018 NFL draft is quickly dissipating with rookie Bo Nix's rapid rise, suggesting the Denver Broncos have finally found their next franchise quarterback. Elway said Nix, the sixth passer selected in April's draft, is an ideal fit in Denver with coach Sean Payton navigating his transition to the pros and Vance Joseph's defense serving as a pressure release valve for the former Oregon QB. "We've seen the progression of Bo in continuing to get better and better each week and Sean giving him more each week and trusting him more and more to where last week we saw his best game of the year," Elway said in a nod to Nix's first game with 300 yards and four touchdown throws in a rout of Atlanta. For that performance, Nix earned his second straight NFL Rookie of the Week honor along with the AFC Offensive Player of the Week award. "I think the sky's the limit," Elway said, "and that's just going to continue to get better and better." In a wide-ranging interview with The Associated Press, Elway also touted former coach Mike Shanahan's Hall of Fame credentials, spoke about the future of University of Colorado star and Heisman favorite Travis Hunter and discussed his ongoing bout with a chronic hand condition. Elway spent the last half of his decade as the Broncos' GM in a futile search for a worthy successor to Peyton Manning, a pursuit that continued as he transitioned into a two-year consultant role that ended after the 2022 season. "You have all these young quarterbacks and you look at the ones that make it and the ones that don't and it's so important to have the right system and a coach that really knows how to tutelage quarterbacks, and Sean's really good at that," Elway said. "I think the combination of Bo's maturity, having started 61 games in college, his athletic ability and his knowledge of the game has been such a tremendous help for him,'" Elway added. "But also Vance Joseph's done a heck of a job on the defensive side to where all that pressure's not being put on Bo and the offense to score all the time." Payton and his staff have methodically expanded Nix's repertoire and incorporated his speed into their blueprints. Elway lauded them for "what they're doing offensively and how they're breaking Bo into the NFL because it's a huge jump and I think patience is something that goes a long way in the NFL when it comes down to quarterbacks." Elway said he hopes to sit down with Nix at some point when things slow down for the rookie. Nix, whose six wins are one more than Elway had as a rookie, said he looks forward to meeting the man who won two Super Bowls during his Hall of Fame playing career and another from the front office. "He's a legend not only here for this organization, but for the entire NFL," Nix said, adding, "most guys, they would love to have a chat with John Elway, just pick his brain. It's just awesome that I'm even in that situation." Orange Crush linebacker Randy Gradishar joined Elway in the Pro Football Hall of Fame this year, something Elway called "way, way overdue." Elway suggested it's also long past time for the Hall to honor Shanahan, who won back-to-back Super Bowls in Denver with Elway at QB and whose footprint you see every weekend in the NFL because of his expansive coaching tree. Elway called University of Colorado stars Travis Hunter and Shedeur Sanders "both great athletes." He said he really hopes Sanders gets drafted by a team that will bring him along like the Broncos have done with Nix, and he sees Hunter being able to play both ways in the pros — but not full time. Elway said he thinks Hunter will be primarily a corner in the NFL but with significant contributions on offense: "He's great at both. He's got great instincts, and that's what you need at corner." It's been five years since Elway announced he was dealing with Dupuytren's contracture, a chronic condition that typically appears after age 40 and causes one or more fingers to permanently bend toward the palm. Elway's ring fingers on both hands were originally affected and he said now the middle finger on his right hand is starting to pull forward. So, he'll get another injection of a drug called Xiaflex, which is the only FDA-approved non-surgical treatment, one that he's endorsing in an awareness campaign for the chronic condition that affects 17 million Americans. The condition can make it difficult to do everyday tasks such as shaking hands or picking up a coffee mug. Elway said what bothered him most was "I couldn't pick up a football and I could not imagine not being able to put my hand around a football." Get local news delivered to your inbox!None
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Alex Ovechkin has a broken left fibula and is expected to be out four to six weeks, an injury that pauses the Washington Capitals superstar captain’s pursuit of Wayne Gretzky’s NHL career goals record. The Capitals updated Ovechkin’s status Thursday after he was evaluated by team doctors upon returning from a three-game trip. The 39-year-old broke the leg in a shin-on-shin collision Monday night with Utah's Jack McBain, and some of his closest teammates knew it was not good news even before Ovechkin was listed as week to week and placed on injured reserve. “Everyone’s bummed out,” said winger Tom Wilson, who has played with Ovechkin since 2013. “We were sitting there saying: ‘This is weird. Like, it’s unbelievable that he’s actually hurt.’ It’s one of those things where like, he’s going to miss games? I’ve been around a long time, and it’s new to me.” Ovechkin in his first 19 seasons missed 59 games — and just 35 because of injury. Durability even while throwing his body around with his physical style is a big reason he is on track to pass Gretzky’s mark of 894 goals that once looked unapproachable. “He doesn’t go out there and just coast around,” Wilson said. “He’s played 20 years every shift running over guys and skating. He’s a power forward, the best goal-scorer ever maybe, and he’s a power forward that plays the game really hard.” Ovechkin surged to the top of the league with 15 goals in his first 18 games this season. He was on pace to break the record and score No. 895 sometime in February. “You know when goal-scorers start scoring, it’s dangerous,” said defenseman John Carlson, who has been teammates with Ovechkin since 2009-10. “There was a bit of that in the downs that everyone was feeling about it too, of course. We see him coming to the rink every day, we know what’s at stake. You never want anyone to get injured, but there’s a lot to it and certainly he was playing his best hockey in years.” ___ AP NHL: https://apnews.com/hub/nhl