Twenty-three people died Sunday when a bus on a remote mountain road in Brazil's Alagoas state plunged into a ravine, regional authorities said. Rescue services confirmed that 22 died on the spot and another person, a pregnant woman, succumbed after being taken to hospital, the Alagoas state government said in a statement. Brazilian media said the bus had been carrying 40 passengers and "dozens" of them were injured. The accident occurred near the town of Uniao dos Palmares. State Governor Paulo Dantas declared on social media platform X three days of mourning over the "tragedy." The bus went off the road in an area difficult to access in a mountainous region called Serra da Barriga.Pep Guardiola rejected Manchester City star Ilkay Gundogan's claim they need to play 'simpler' after the Premier League champions fell to a damaging 2-0 defeat to Juventus in the Champions League . Dusan Vlahovic's header and Weston McKennie's volley in the second half secured all three points for the hosts. City meanwhile have won just one of their last 10 games in all competitions, with this their seventh loss during that awful spell. It leaves Guardiola's side 22nd in the Champions League table with just two games remaining - away to Paris St-Germain on 22 January and at home to Club Brugge a week later. The sides finishing ninth to 24th qualify for a two-legged play-off but Wednesday's defeat leaves City just one point clear of PSG in 25th. After the defeat, Gundogan claimed that City needed to change their tactics to get out of their rut. The German midfielder called on his side to simplify their playing style in the face of their poor form. "It’s very disappointing. We had chances to score a few goals but at the moment it feels like every attack we concede is just so dangerous. I have a feeling sometimes we are a bit careless with duels," he told TNT Sports. "Instead of playing simple we overcomplicate things and we missed the right timing to release the ball. Just lose the ball and give them counter attacks. We are built for possession, keep the ball, be strong, if you can’t do anything don't lose it. At the moment it’s not working out for us." Gundogan's analysis caught Guardiola by surprise, with the City boss insisting his side had changed their tactics for the trip to Turin. Instead, he blamed their failure with the 'last action' as the cause of their downfall. "No, no, we have done that today," Guardiola told TNT Sports when asked about Gundogan's comments. "Other days no but today we have done it. We have done it really, really well. We didn't lose many balls that happened in the past, we tried and arrived in positions. "But we know Italian teams defend so deep and so compact, it is not easy. They are a master of these kind of situations. But even with that we played who we are. The result is not there but the performance is. "We play good, really, really good. We missed the last part, the last action. We concede a few of course some transition happened. But I'm so proud of these players, they give everything they tried and now we live in this period. Hopefully we can change and have a good result. "I know it's difficult, it's always difficult in the Champions League. We play perfectly good. We have two games, we need one point maybe. We have to chase a victory. Our three games away were really tough. When we turn it around we will appreciate that period more." Join our new WhatsApp community and receive your daily dose of Mirror Football content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice. Sky has slashed the price of its Sky Sports, Sky Stream, Sky TV and Netflix bundle in an unbeatable new deal that saves £240 and includes 1,400 live matches across the Premier League, EFL and more.
The holidays are almost here. and there are already some fantastic Black Friday deals that can help you save on gifts for your loved ones and yourself. Some of these discounts apply on some nifty items that can help solve small problems or provide cool experiences you didn't know you needed. One deal that caught our eye is this TerraFlame s'mores kit for only $120 , which saves you $25 on an adorable kit that lets you make s'mores at home. Just FYI: stocks were already low at the time of writing this deal, so we suggest acting fast on this innovative kitchen device. Why this deal matters The TerraFlame s'mores kit usually costs $145 and is now $25 off this Black Friday. It's a great way for people in apartments or cold environments to make these delicious snacks. This is a rare deal from TerraFlame which makes now a great time to consider it as a gift for a loved one or even yourself. Hey, did you know? CNET Deals texts are free, easy and save you money . The TerraFlame is a small circular mini-fire pit that includes four metal skewers, a serving tray and three cans of Terra Flame pure gel fuel and a cookbook so you can make s'mores with a creative twist. With a concrete fire bowl, you'll have an indoor s'more station that doubles as beautiful decor. Note that you'll need pure gel fuel kits to keep using this kit after you run out of the ones that are included with this purchase. With measurements of 8.125”D x 5.125”H, you'll have a compact kitchen device you can use straight from your kitchen table whenever you want a delicious treat. The TerraFlame s'mores kit weighs approximately 15 pounds, which is light enough for more people to move around alone and gives you the confidence that it'll stay put. Looking for out-of-the-box gifts but aren't sure if this deal is for you? Check out our list of the best 62 Christmas gift ideas so you can find the right item for your holiday shopping list. CNET is always covering a wide array of deals on tech products and much more. Start with the hottest sales and discounts on the CNET Deals page , and sign up for the CNET Deals Text to get daily deals sent straight to your phone. Add the free CNET Shopping extension to your browser for real-time price comparisons and cash-back offers. And peruse our gift guide , which includes a full range of ideas for birthdays, anniversaries and more.The former Tory chancellor, now chairman of the British Museum, suggested Sir Keir Starmer had contributed to a warmer spirit of the negotiations over the famous ancient artworks. Greece has long called for the return of the Marbles, also known as the Parthenon sculptures, and maintains they were illegally removed from Athens’ acropolis during a period of foreign occupation. The British Museum – where they are currently on display – is forbidden by law from giving away any of its artefacts, and the Government has no plans to change the law to permit a permanent move. But under Mr Osborne’s leadership, the museum is negotiating the possibility of a long-term loan of the sculptures, in exchange for rolling exhibitions of famous artworks. No 10 has indicated the Prime Minister is unlikely to stand in the way of such a deal. Speaking on Political Currency, the podcast he hosts alongside former Labour politician Ed Balls, Mr Osborne said the museum was “looking to see if we can come to some arrangement where at some point some of the sculptures are in Athens, where, of course, they were originally sited”. He added: “And in return, Greece lends us some of its treasures, and we made a lot of progress on that, but we’re still some distance from any kind of agreement.” The Greek government has suggested negotiations with the museum have taken a warmer tone since Labour came to power in the summer. Mr Osborne appeared to concur with this view and praised Sir Keir’s hands-off approach, adding: “It is not the same as Rishi Sunak, who refused to see the Greek prime minister, if you remember, he sort of stood him up. “So it seems to me a more sensible and diplomatic way to proceed.” Kyriakos Mitsotakis, the Greek premier, discussed the Elgin Marbles with Sir Keir when they met on Tuesday morning at Downing Street, he said after returning to Athens. Mr Mitsotakis has signalled his government is awaiting developments on the negotiations. A diplomatic spat between the Greek leader and Mr Sunak emerged last year when the then-prime minister refused to meet his counterpart. Mr Mitsotakis had compared splitting the Elgin Marbles from those still in Athens to cutting the Mona Lisa in half. The marble statues came from friezes on the 2,500-year-old Parthenon temple and have been displayed at the British Museum for more than 200 years. They were removed by Lord Elgin in the early 19th century when he was British ambassador to the Ottoman Empire. Some of the remaining temple statues are on display in the purpose-built Acropolis Museum in Athens, and Greece has called for the collections to be reunited.
Ethan Taylor scores 21 as Air Force takes down Mercyhurst 82-48
South Korean parties further isolate Yoon with impeachment bidRep. Zach Nunn, R-Iowa, sounds the alarm about the targeted operations against top U.S. officials and the fall of the Assad regime in Syria and impact on Iran. After a number of key legislative priorities related to cracking down on China failed to make it into the yearly defense bill, Republicans are working on ways to get them signed into law before the end of the year. On Wednesday, the House will vote on the sprawling 2025 National Defense Authorization Act (NDAA), which sets policy plans for the Pentagon’s $895 billion budget. That legislation was negotiated between Republican and Democratic leadership in both the House and Senate and typically enjoys wide bipartisan support. And while the package will not advance legislation aimed at cracking down on U.S. dollars flowing toward Chinese Communist Party-affiliated companies, Republicans will push to include those provisions, which are a key priority for House Speaker Mike Johnson , R-La., in other must-pass legislation. With a government funding deadline in 10 days, those measures could be included in a continuing resolution (CR), which would punt the funding deadline down the road and keep budgets at FY 2024 levels, multiple sources familiar with negotiations confirmed to Fox News Digital. After a number of key legislative priorities related to cracking down on China failed to make it into the yearly defense bill, Republicans are working on ways to get them signed into law before the end of the year. (Andrew Harnik/Getty Images) "During the course of negotiations on the annual defense bill, significant progress was made towards achieving consensus on provisions to counter China and strengthen our economic security. That momentum remains and more time is needed to get that important work done with the goal of passage before the end of the year," Johnson said in a statement. One provision that was left out would prevent the U.S. from investing in the development of military technologies, a way to codify a rule put forward by President Biden’s Treasury Department. The rule prohibits U.S. financing of some China-based ventures and requires Americans to notify the government of their involvement in others. BIDEN FINALIZES CRACKDOWN ON US MILITARY TECH INVESTMENTS IN CHINA WITH ONE WEEK TO LAME DUCK SESSION It restricts and monitors U.S. investments in artificial intelligence, computer chips and quantum computing, all of which have a dual use in the defense and commercial sectors. The rule seeks to limit the access "countries of concern," like China, including Hong Kong and Macao, have to U.S. dollars to fund the development of high-level technologies like next-generation missile systems and fighter jets they could then utilize for their own military. It's set to take effect Jan. 2. House Minority Leader Hakeem Jeffries, D-N.Y., demanded that outbound investments piece not be included in the negotiated NDAA, three sources familiar with the negotiations confirmed. Some mused that Democrats put up a fight over China provisions because they were frustrated with another provision Republicans insisted on including: a ban on military health care providers from paying for transgender operations like sex changes for dependent minors if it would leave them sterile. One provision would crack down on U.S. investment in national security-related products in China. (Reuters/Adriano Machado) Democrats like Rep. Jim McGovern of Massachusetts, opposed including the Biosecure Act in the NDAA. (Juan David Moreno Gallego/Anadolu Agency via Getty Images) Politico was first to report about the back-and-forth. Rep. Adam Smith, D-Wash., the ranking member of the House Armed Services Committee, said he would not vote for the legislation – which includes big pay raises for junior troops – over the transgender provision. And in a relief for Chinese biotechnology companies, the Biosecure Act, which prohibits the U.S. government from contracting with companies that do business with a "biotechnology company of concern," has been left out of the NDAA. Three sources familiar with the negotiations told Fox News Digital that Reps. Jim McGovern, D-Mass., and Jamie Raskin, D-Md., stood in the way of the legislation’s inclusion in the negotiated defense bill. Raskin could not be reached for comment on his opposition. McGovern opposed the bill when it came up for a stand-alone vote in the House. "The Biosecure Act, is a weak bill, and as written, it could actually make the problem even worse," he said in a statement. "First, naming specific companies will create a ‘whack-a-mole’ situation where entities can change their name and reincorporate to evade sanctions," he went on. "Second, it’s totally wrong to call out specific companies without any formal investigation or interagency process – that might be how they do things in the [People's Republic of China], but this is the United States of America where we ought to have a thorough, independent investigation." CHINESE MILITARY COMPANY'S MACHINERY IN USE AT NATION'S TOP SECRET RESEARCH LAB, OVERSIGHT COMMITTEE SAYS In September, Fox News Digital reported that lawmakers were aware of a machine operated by a Chinese military company in use at the nation’s most secretive government laboratories. The machine operated by Chinese biotech company BGI is in use at the Los Alamos lab in New Mexico. BGI, among other companies, is included in a ban in the Biosecure Act. CLICK HERE TO GET THE FOX NEWS APP Also among them is WuXi Biologics, a company that planned to build a $300 million biomedical plant in McGovern’s district. Attaching the China outbound investment provision and the Biosecure Act to must-pass legislation would ensure it doesn’t die in the Democratic-led Senate the way House GOP-led bills often do.
WASHINGTON — The House passed a $895 billion measure Wednesday that authorizes a 1% increase in defense spending this fiscal year and would give a double-digit pay raise to about half of the enlisted service members in the military. The bill is traditionally strongly bipartisan, but some Democratic lawmakers opposed the inclusion of a ban on transgender medical treatments for children of military members if such treatment could result in sterilization. The bill passed by a vote of 281-140 and next moves to the Senate, where lawmakers sought a bigger boost in defense spending than the current measure allows. Lawmakers are touting the bill's 14.5% pay raise for junior enlisted service members and a 4.5% increase for others as key to improving the quality of life for those serving in the U.S. military. Those serving as junior enlisted personnel are in pay grades that generally track with their first enlistment term. People are also reading... 'It could be very special': Why signs point to strong match between Nebraska, Pinstripe Bowl Scott Frost signs five-year contract to become UCF's head coach for second time Paige Hubl, former Nebraska volleyball player and Lincoln Southeast coach, dies at age 34 Lincoln Southwest vs. East boys basketball game briefly suspended due to 'unsafe environment' 'Straight up theft': Lincoln craft fair organizer under fire after canceling event Man found dead in north Lincoln, police say Andi's Ascent: She didn't want to play volleyball. Now Andi Jackson is the sport's next best thing Elite Eight's new format a 'no brainer,' and John Cook tries to pass Olivia Mauch's serve All-state volleyball: The Journal Star's postseason honors for 2024 season 140 layoffs hit Lincoln immigration services center; more likely Nebraska Portal Tracker: High-upside freshman defender intends to leave Huskers Here's how much it'll cost to travel to go see Nebraska football in the Pinstripe Bowl Amie Just: Scott Frost’s return to UCF offers glimpse into his complicated Nebraska legacy Wisconsin officer grabbing Donovan Raiola's arm a 'misunderstanding,' UW police say A smiling Scott Frost returns to UCF eager to prove himself after struggles at Nebraska Lawmakers said service member pay failed to remain competitive with the private sector, forcing many military families to rely on food banks and government assistance programs to put food on the table. The bill also provides significant new resources for child care and housing. "No service member should have to live in squalid conditions and no military family should have to rely on food stamps to feed their children, but that's exactly what many of our service members are experiencing, especially the junior enlisted," said Rep. Mike Rogers, R-Ala., chairman of the House Armed Services Committee. "This bill goes a long way to fixing that." The bill sets key Pentagon policy that lawmakers will attempt to fund through a follow-up appropriations bill. The overall spending tracks the numbers established in a 2023 agreement that then-Speaker Kevin McCarthy, R-Calif., reached with President Joe Biden to increase the nation's borrowing authority and avoid a federal default in exchange for spending restraints. Many senators wanted to increase defense spending about $25 billion above what was called for in that agreement, but those efforts failed. Sen. Roger Wicker, R-Miss., who is expected to serve as the next chairman of the Senate Armed Services Committee, said the overall spending level was a "tremendous loss for our national defense," though he agreed with many provisions in the bill. "We need to make a generational investment to deter the Axis of Aggressors. I will not cease work with my congressional colleagues, the Trump administration, and others until we achieve it," Wicker said. House Republicans don't want to go above the McCarthy-Biden agreement for defense spending and are looking to go way below it for many nondefense programs. They are also focused on cultural issues. The bill prohibits funding for teaching critical race theory in the military and prohibits TRICARE health plans from covering gender dysphoria treatment for children under 18 if that treatment could result in sterilization. Rep. Adam Smith of Washington state, the ranking Democratic member of the House Armed Services Committee, said minors dealing with gender dysphoria is a "very real problem." He said the treatments available, including puberty blockers and hormone therapy, proved effective at helping young people dealing with suicidal thoughts, anxiety and depression. "These treatments changed their lives and in many cases saved their lives," Smith said. "And in this bill, we decided we're going to bar service members' children from having access to that." Smith said the number of minors in service member families receiving transgender medical care extends into the thousands. He could have supported a study asking medical experts to determine whether such treatments are too often used, but a ban on health insurance coverage went too far. He said Speaker Mike Johnson's office insisted on the ban and said the provision "taints an otherwise excellent piece of legislation." Rep. Chip Roy, R-Texas, called the ban a step in the right direction, saying, "I think these questions need to be pulled out of the debate of defense, so we can get back to the business of defending the United States of America without having to deal with social engineering debates." Smith said he agrees with Roy that lawmakers should be focused on the military and not on cultural conflicts, "and yet, here it is in this bill." Rep. Hakeem Jeffries, the House Democratic leader, said his team did not tell Democrats how to vote on the bill. "There's a lot of positive things in the National Defense Authorization Act that were negotiated in a bipartisan way, and there are some troubling provisions in a few areas as well," Jeffries said. The defense policy bill also looks to strengthen deterrence against China. It calls for investing $15.6 billion to build military capabilities in the Indo-Pacific region. The Biden administration requested about $10 billion. On Israel, the bill, among other things, includes an expansion of U.S. joint military exercises with Israel and a prohibition on the Pentagon citing casualty data from Hamas. The defense policy bill is one of the final measures that lawmakers view as a must-pass before making way for a new Congress in January.Romanian nationalist Calin Georgescu has surprised observers by likely topping the first round of the country’s presidential election, according to provisional results. With more than 80 percent of ballots counted, in the early hours of Monday Georgescu, who has gained traction for his anti-Ukraine war stance, holds 22.1 percent of the vote, narrowly ahead of sitting Prime Minister Marcel Ciolacu, who follows with just over 22 percent. Georgescu, an ultra-religious and nationalist figure, has campaigned on reducing Romania’s reliance on imports and boosting domestic food and energy production. He has been a vocal critic of Bucharest’s role in the ongoing Ukraine conflict, arguing that NATO and the EU do not represent Romanian interests and suggesting that the war is being manipulated by American military companies. The shock result has upended expectations, as Elena Lasconi – billed as a ‘reformer’ – was initially predicted to make it into the runoff, but now trails at 15.3 percent. Far-right candidate George Simion, also considered a strong contender, lags behind with 14.8 percent support. The final composition of the runoff is still uncertain as further ballots are counted. Georgescu’s views have struck a chord with a significant portion of the electorate, but have also drawn heavy criticism, particularly for his past support of Romania’s 20th-century fascist Legionary Movement. A relative political outsider, he has leveraged social media platforms like TikTok to rally voters, capitalizing on dissatisfaction with the political establishment. He has garnered a sizable following, particularly among those disillusioned with the current government’s foreign policy. Voter turnout for the election was 52.5 percent, slightly higher than in the 2019 presidential race. The second round of voting is scheduled for December 8, following Romania’s parliamentary elections next Sunday.
CAL STATE NORTHRIDGE 89, UTAH TECH 79AP News Summary at 3:15 p.m. EST
But alongside his stark warning of the threats facing Britain and its allies, Admiral Sir Tony Radakin said there would be only a “remote chance” Russia would directly attack or invade the UK if the two countries were at war. The Chief of the Defence Staff laid out the landscape of British defence in a wide-ranging speech, after a minister warned the Army would be wiped out in as little as six months if forced to fight a war on the scale of the Ukraine conflict. The admiral cast doubt on the possibility as he gave a speech at the Royal United Services Institute (Rusi) defence think tank in London. He told the audience Britain needed to be “clear-eyed in our assessment” of the threats it faces, adding: “That includes recognising that there is only a remote chance of a significant direct attack or invasion by Russia on the United Kingdom, and that’s the same for the whole of Nato.” Moscow “knows the response will be overwhelming”, he added, but warned the nuclear deterrent needed to be “kept strong and strengthened”. Sir Tony added: “We are at the dawn of a third nuclear age, which is altogether more complex. It is defined by multiple and concurrent dilemmas, proliferating nuclear and disruptive technologies and the almost total absence of the security architectures that went before.” He listed the “wild threats of tactical nuclear use” by Russia, China building up its weapon stocks, Iran’s failure to co-operate with a nuclear deal, and North Korea’s “erratic behaviour” among the threats faced by the West. But Sir Tony said the UK’s nuclear arsenal is “the one part of our inventory of which Russia is most aware and has more impact on (President Vladimir) Putin than anything else”. Successive British governments had invested “substantial sums of money” in renewing nuclear submarines and warheads because of this, he added. The admiral described the deployment of thousands of North Korean soldiers on Ukraine’s border alongside Russian forces as the year’s “most extraordinary development”. He also signalled further deployments were possible, speaking of “tens of thousands more to follow as part of a new security pact with Russia”. Defence minister Alistair Carns earlier said a rate of casualties similar to Russia’s invasion of Ukraine would lead to the army being “expended” within six to 12 months. He said it illustrated the need to “generate depth and mass rapidly in the event of a crisis”. In comments reported by Sky News, Mr Carns, a former Royal Marines colonel, said Russia was suffering losses of around 1,500 soldiers killed or injured a day. “In a war of scale – not a limited intervention, but one similar to Ukraine – our Army for example, on the current casualty rates, would be expended – as part of a broader multinational coalition – in six months to a year,” Mr Carns said in a speech at Rusi. He added: “That doesn’t mean we need a bigger Army, but it does mean you need to generate depth and mass rapidly in the event of a crisis.” Official figures show the Army had 109,245 personnel on October 1, including 25,814 volunteer reservists. Mr Carns, the minister for veterans and people, said the UK needed to “catch up with Nato allies” to place greater emphasis on the reserves. The Prime Minister’s official spokesman said Defence Secretary John Healey had previously spoken about “the state of the armed forces that were inherited from the previous government”. The spokesman said: “It’s why the Budget invested billions of pounds into defence, it’s why we’re undertaking a strategic defence review to ensure that we have the capabilities and the investment needed to defend this country.”MARIEVILLE, Que. - Quebec provincial police have cancelled an Amber Alert after a missing nine-year-old boy was found safe. Read this article for free: Already have an account? To continue reading, please subscribe: * MARIEVILLE, Que. - Quebec provincial police have cancelled an Amber Alert after a missing nine-year-old boy was found safe. Read unlimited articles for free today: Already have an account? MARIEVILLE, Que. – Quebec provincial police have cancelled an Amber Alert after a missing nine-year-old boy was found safe. The news came less than an hour after the alert was issued saying police were looking for a 39-year-old woman in connection with the boy’s disappearance this afternoon. Police could not immediately provide details about any arrest in the case. They say the boy had last been seen at about 1:50 p.m. in Marieville, Que., about 30 kilometres southeast of Montreal. 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. The Amber Alert was issued at around 5 p.m. This report by The Canadian Press was first published Dec. 11, 2024. Advertisement
Miami Hurricanes star quarterback Cam Ward capped his stellar regular season with the ACC’s top individual award. In his one season with Miami, Ward earned ACC Player of the Year and offensive player of the year honors. The announcement comes a day after Ward and 16 other Miami players earned All-ACC honors . Ward is the first Hurricane to be named the ACC Player of the Year. Miami joined the conference in 2004. The star quarterback led UM to a 10-2 record — their best regular season since 2017. Miami was on the bubble for the 12-team College Football Playoff but will likely miss out after losing to Syracuse in its regular-season finale . Ward set Miami records in passing yards and passing touchdowns this season. He ended the regular season with 4,123 passing yards and 36 touchdowns with seven interceptions. His ESPN quarterback rating was 88, which led the nation’s passers. Pro Football Focus gave him a 92.5 offensive grade, which is the highest among quarterbacks with 300 or more snaps. He has the third-best passing grade (91.4), trailing Indiana’s Kurtis Rourke and Mississippi’s Jaxon Dart. Ward likely improved his draft stock in his one season at Miami. He is projected to be one of the top quarterbacks taken in the 2025 NFL draft.
Avior Wealth Management LLC increased its holdings in shares of Lincoln Electric Holdings, Inc. ( NASDAQ:LECO – Free Report ) by 3.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,644 shares of the industrial products company’s stock after acquiring an additional 48 shares during the period. Avior Wealth Management LLC’s holdings in Lincoln Electric were worth $316,000 at the end of the most recent quarter. Several other institutional investors have also recently bought and sold shares of the business. O Shaughnessy Asset Management LLC raised its holdings in shares of Lincoln Electric by 9.6% in the first quarter. O Shaughnessy Asset Management LLC now owns 4,034 shares of the industrial products company’s stock valued at $1,030,000 after buying an additional 354 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in shares of Lincoln Electric by 21.1% in the first quarter. CANADA LIFE ASSURANCE Co now owns 45,409 shares of the industrial products company’s stock valued at $11,593,000 after purchasing an additional 7,922 shares in the last quarter. Quadrature Capital Ltd bought a new position in Lincoln Electric in the 1st quarter worth approximately $514,000. Lazard Asset Management LLC lifted its holdings in Lincoln Electric by 20,337.5% during the 1st quarter. Lazard Asset Management LLC now owns 1,635 shares of the industrial products company’s stock worth $417,000 after buying an additional 1,627 shares in the last quarter. Finally, Robotti Robert boosted its position in Lincoln Electric by 0.3% in the 1st quarter. Robotti Robert now owns 49,603 shares of the industrial products company’s stock valued at $12,671,000 after buying an additional 172 shares during the last quarter. Institutional investors own 79.61% of the company’s stock. Insiders Place Their Bets In other news, SVP Michael J. Whitehead sold 1,100 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $175.96, for a total transaction of $193,556.00. Following the completion of the sale, the senior vice president now directly owns 11,178 shares in the company, valued at approximately $1,966,880.88. This represents a 8.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink . Company insiders own 2.63% of the company’s stock. Lincoln Electric Trading Up 2.4 % Lincoln Electric ( NASDAQ:LECO – Get Free Report ) last issued its earnings results on Thursday, October 31st. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.09. The company had revenue of $983.76 million for the quarter, compared to analysts’ expectations of $988.07 million. Lincoln Electric had a net margin of 11.93% and a return on equity of 40.03%. Lincoln Electric’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.40 EPS. Equities research analysts predict that Lincoln Electric Holdings, Inc. will post 8.75 EPS for the current year. Lincoln Electric Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.00 dividend on an annualized basis and a yield of 1.41%. This is an increase from Lincoln Electric’s previous quarterly dividend of $0.71. Lincoln Electric’s payout ratio is currently 33.89%. Analyst Upgrades and Downgrades Several equities analysts recently issued reports on LECO shares. KeyCorp raised their price target on Lincoln Electric from $210.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, November 14th. StockNews.com downgraded shares of Lincoln Electric from a “buy” rating to a “hold” rating in a research note on Monday, November 4th. Robert W. Baird reduced their price objective on shares of Lincoln Electric from $220.00 to $212.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 4th. Finally, Stifel Nicolaus upped their target price on shares of Lincoln Electric from $184.00 to $185.00 and gave the company a “hold” rating in a research report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. According to MarketBeat, Lincoln Electric has a consensus rating of “Hold” and an average target price of $220.00. Check Out Our Latest Research Report on LECO Lincoln Electric Company Profile ( Free Report ) Lincoln Electric Holdings, Inc, through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business in the United States. Further Reading Want to see what other hedge funds are holding LECO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lincoln Electric Holdings, Inc. ( NASDAQ:LECO – Free Report ). Receive News & Ratings for Lincoln Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Electric and related companies with MarketBeat.com's FREE daily email newsletter .
