Protesters clashed with police yesterday with at least two people killed in riots sparked by a survey investigating if a 17th-century mosque was built on a temple. Samajwadi Party (SP) chief Akhilesh Yadav accused the BJP-led government of orchestrating the unrest to distract from allegations of electoral malpractice in recent bypolls. “Two persons were confirmed dead,” Pawan Kumar, a police officer in Sambhal in the northern state of Uttar Pradesh, said, adding that 16 police officers were “seriously injured” during the clashes. The Press Trust of India news agency quoted officials saying three people had died. Street battles broke out when a team of surveyors entered the Shahi Jama Masjid in Sambhal on orders from a local court. Protesters yesterday hurled rocks at police, who fired tear gas canisters to clear the crowd. “The Supreme Court should immediately take cognizance of the conspiracy to spread tension in the name of survey and a case of disturbing peace and harmony should be registered against those who took sloganeers with them with the aim of disturbing social harmony and the Bar Association should also take disciplinary and punitive action against them. There was no hope from the UP government and administration, nor is there any now,” read a rough translation of another of Yadav’s posts on X. SP MP Zia Ur Rehman Barq also criticised the survey, citing the Places of Worship Act, 1991. “The Jama Masjid of Sambhal is a historic site. The Supreme Court had ruled that religious places as they existed in 1947 must remain unchanged,” Barq said. Related Story Qatar’s diabetes prevalence drops 1.35%: STEPwise Survey Qatar launches National Ageing SurveyB. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Targa Resources Corp. ( NYSE:TRGP – Free Report ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,941 shares of the pipeline company’s stock, valued at approximately $1,175,000. Other hedge funds also recently made changes to their positions in the company. Bessemer Group Inc. boosted its position in shares of Targa Resources by 51.3% in the 1st quarter. Bessemer Group Inc. now owns 690 shares of the pipeline company’s stock valued at $78,000 after purchasing an additional 234 shares during the period. Natixis acquired a new stake in shares of Targa Resources in the first quarter valued at approximately $126,000. Advisors Asset Management Inc. grew its position in shares of Targa Resources by 19.9% during the first quarter. Advisors Asset Management Inc. now owns 12,557 shares of the pipeline company’s stock worth $1,406,000 after acquiring an additional 2,082 shares during the last quarter. Toronto Dominion Bank increased its holdings in shares of Targa Resources by 2.3% in the 1st quarter. Toronto Dominion Bank now owns 130,718 shares of the pipeline company’s stock valued at $14,639,000 after acquiring an additional 2,924 shares during the period. Finally, BOKF NA raised its position in Targa Resources by 301.5% in the 1st quarter. BOKF NA now owns 819 shares of the pipeline company’s stock valued at $92,000 after purchasing an additional 615 shares during the last quarter. Hedge funds and other institutional investors own 92.13% of the company’s stock. Analysts Set New Price Targets A number of research firms have commented on TRGP. Truist Financial lifted their price objective on shares of Targa Resources from $175.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, November 15th. The Goldman Sachs Group upped their price objective on Targa Resources from $147.00 to $163.00 and gave the company a “buy” rating in a research note on Thursday, September 19th. Royal Bank of Canada increased their price objective on Targa Resources from $172.00 to $199.00 and gave the stock an “outperform” rating in a research report on Monday, November 11th. Stifel Nicolaus boosted their target price on Targa Resources from $190.00 to $224.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Bank of America started coverage on Targa Resources in a report on Thursday, October 17th. They set a “buy” rating and a $182.00 price target for the company. Thirteen research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Targa Resources currently has an average rating of “Buy” and a consensus price target of $176.50. Insider Buying and Selling at Targa Resources In other news, CAO Julie H. Boushka sold 3,260 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $190.74, for a total transaction of $621,812.40. Following the completion of the transaction, the chief accounting officer now directly owns 35,143 shares of the company’s stock, valued at $6,703,175.82. This trade represents a 8.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, Director Joe Bob Perkins sold 150,000 shares of Targa Resources stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $155.53, for a total value of $23,329,500.00. Following the transaction, the director now owns 110,470 shares of the company’s stock, valued at $17,181,399.10. This represents a 57.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 185,760 shares of company stock valued at $30,026,712. Insiders own 1.39% of the company’s stock. Targa Resources Stock Performance Shares of TRGP opened at $207.34 on Friday. The company has a quick ratio of 0.61, a current ratio of 0.77 and a debt-to-equity ratio of 3.05. Targa Resources Corp. has a 52-week low of $81.03 and a 52-week high of $209.87. The company has a 50-day simple moving average of $168.18 and a 200-day simple moving average of $143.27. The company has a market capitalization of $45.21 billion, a PE ratio of 37.49, a P/E/G ratio of 0.81 and a beta of 2.24. Targa Resources ( NYSE:TRGP – Get Free Report ) last issued its earnings results on Tuesday, November 5th. The pipeline company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.17. The company had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $4.24 billion. Targa Resources had a net margin of 7.65% and a return on equity of 27.59%. During the same period last year, the company posted $0.97 earnings per share. Equities research analysts predict that Targa Resources Corp. will post 6.23 earnings per share for the current fiscal year. Targa Resources Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were given a dividend of $0.75 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $3.00 dividend on an annualized basis and a yield of 1.45%. Targa Resources’s payout ratio is 54.25%. Targa Resources Profile ( Free Report ) Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. Further Reading Want to see what other hedge funds are holding TRGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Targa Resources Corp. ( NYSE:TRGP – Free Report ). 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SEATTLE (AP) — The Seattle Seahawks rode their dominant defense to a big win over a division rival to vault into first place in the NFC West. No, it isn’t 2013. These are the 2024 Seahawks, who, after struggling mightily against the run earlier this season, held the visiting Arizona Cardinals to 49 rushing yards in . The defensive line kept Kyler Murray under consistent pressure thanks to a dominant performance from Leonard Williams, the secondary flew around to smack away passes, and safety Coby Bryant scored on a 69-yard pick-6. Sunday's defensive performance was reminiscent of the Seahawks of a decade ago and a promising sign that first-year coach Mike Macdonald’s system is starting to click. Macdonald, who coordinated Baltimore's NFL-best defense last year, was leading one of the worst rush defenses in the league earlier this season. But Seattle consistently stuffed the Cardinals, who came in as the fifth-best running team in the league at 149.4 yards per game. “Three games in a row now we played pretty decent on defense,” Macdonald said. “There is an expectation and standard here throughout the course of our Seahawks history that we’re trying to live up to and build on. So that’s the idea.” At 6-5, the Seahawks drew even with the Cardinals in the tightly bunched division. The teams play each other again in two weeks at Arizona. What’s working Last month's trade for linebacker Ernest Jones IV has clearly paid off. Seattle hasn't allowed a running back to rush for more than 79 yards since its Week 8 loss to Buffalo, which was Jones' first game in a Seahawks uniform. He has led the team in tackles in every game he's played and has helped resurrect the run defense. What needs help The Seahawks' run game continues to underperform. Seattle got 65 yards on the ground Sunday, with the Cardinals holding Kenneth Walker III to 41 yards on 16 attempts. Zach Charbonnet had 22 yards on six carries. Walker hasn’t topped 100 yards since Week 1. Offensive coordinator Ryan Grubb needs to think of something different to get the running backs involved. Stock up Williams single-handedly disrupted the Cardinals with 2 1/2 sacks, four quarterback hits, three tackles for loss and one pass defensed. “I thought he was dominant,” Macdonald said. “I knew he played great and then I looked at the stat line and he played out of his mind.” The Seahawks finished with five sacks, seven quarterback hits, five tackles for loss and six pass deflections against the Cardinals, shutting down a team that had averaged 29.3 points over its previous three games. Stock down Geno Smith finished with 254 yards passing and a touchdown, but he threw another momentum-stalling interception. Smith was picked off on a third-and-6 play on the Arizona 18-yard line at the start of the fourth quarter, ending an 11-play, 73-yard drive. Smith has an NFL-most 12 interceptions this season, more than in either of his previous two seasons as the Seahawks' full-time starter. “That was a huge drive for us. ... Obviously made a terrible mistake down there, something I got to clean up,” Smith said. “But it was a big drive. We wanted to put the game ahead at least two scores.” The offensive line has contributed to the problem. Guard Anthony Bradford left with an ankle injury, and the line struggled to protect Smith, who was sacked five times. Injuries Macdonald said Bradford is expected to miss next week's game. Key number 77 — Jaxon Smith-Njigba led the team with six catches for 77 yards and a touchdown, marking the fourth consecutive game that Smith-Njigba has led the team in receptions. He topped 100 yards receiving in the previous two games. “He’s getting open,” Smith said. “He’s catching the ball. He’s doing a great job in the screen game. All-around great player. I just think the way that teams are playing us coverage-wise, I feel like it’s the ultimate sign of respect.” Up next The Seahawks play at the struggling New York Jets on Sunday. ___ AP NFL: Shane Lantz, The Associated PressDolphin Census in Chilika Lake: Census Will Be Conducted As per Dates Communicated by Chief Wildlife Warden, Says DFO of Chilika Wildlife
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MLB Salary Arbitration Eligibles ListPHILADELPHIA, Nov. 23, 2024 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Paragon 28, Inc. ("Paragon 28" or the "Company") FNA on behalf of purchasers of Paragon 28 securities between May 5, 2023 and September 20, 2024, inclusive (the "Class Period") . Investors that suffered losses from PARAGON 28 FNA investments can follow the link below for more information regarding the lawsuit: CLICK HERE to learn more about the lawsuit. Investors who purchased or acquired PARAGON 28 securities during the Class Period may, no later than NOVEMBER 29, 2024 , seek to be appointed as a lead plaintiff representative of the class. According to the lawsuit, Defendants misled investors throughout the Class Period as to the fact that: (i) Paragon 28's financial statements were misstated; and (ii) Paragon 28 lacked adequate internal controls and at times understated the extent of the issues with Paragon 28's internal controls. Investors began to learn the truth on July 30, 2024, when Paragon 28 disclosed that its "previously issued audited consolidated financial statements for the fiscal year ended December 31, 2023 . . . and the unaudited condensed consolidated financial statements contained within the Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2023, June 30, 2023, September 30, 2023, and March 31, 2024 should no longer be relied upon due to errors in such financial statements , and therefore a restatement of these prior financial statements is required." On this news, the price of Paragon 28 shares fell 13% to close at $7.79 per share on July 31, 2024. The complaint further alleges that on August 8, 2024, Paragon 28 filed an amended Annual Report on Form 10-K/A for the year ended December 31, 2023 that included restated 2023 figures for inventories, net and cost of goods sold. On this news, the price of Paragon 28 common stock fell more than 20% to close at $6.64 per share on August 9, 2024. Finally, on September 20, 2024, Paragon disclosed that Chief Accounting Officer Erik Mickelson was abruptly leaving the Company. On this news, Paragon shares declined $0.30 per share, or 4.3%, to close at $6.57 per share on September 23, 2024. For additional information or to learn how to participate in this litigation, please contact Berger Montague: Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Peter Hamner at phamner@bm.net or (215) 875-3048, or CLICK HERE . A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Communicating with any counsel is not necessary to participate or share in any recovery achieved in this case. Any member of the purported class may move the Court to serve as a lead plaintiff through counsel of his/her choice, or may choose to do nothing and remain an inactive class member. Berger Montague , with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco and Chicago, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States. Contacts: Andrew Abramowitz, Senior Counsel Berger Montague (215) 875-3015 aabramowitz@bm.net Peter Hamner Berger Montague PC (215) 875-3048 phamner@bm.net © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.After years of aggressive growth, Samsung is reportedly planning to scale back production of its foldable smartphones in 2025. This unexpected move raises questions about the future of this innovative technology and Samsung’s role in the foldable market. The news, first reported by The Elec, a Korean tech publication, suggests that Samsung aims to produce around 7.5 million foldable phones in 2025. This represents a significant decrease compared to the estimated 10 million units shipped in 2024 and an even steeper drop from the projected 13 million units in 2023. While Samsung has yet to officially confirm these figures, the report has sent ripples through the tech world, prompting discussions about the reasons behind this strategic shift and its potential implications for the foldable phone market . This article delves into the possible motives behind Samsung’s decision, exploring factors like market saturation, economic challenges, and evolving consumer preferences. We’ll also analyze the broader impact on the foldable phone landscape and what this means for Samsung’s future in this emerging sector. Why is Samsung Scaling Back? Several factors could be contributing to Samsung’s decision to reduce foldable phone production: The Impact on the Foldable Phone Market Samsung’s decision could have a ripple effect on the entire foldable phone market: What Does This Mean for Samsung? This strategic shift raises questions about Samsung’s long-term vision for foldable phones: My Perspective Having closely followed the evolution of foldable phones since their inception, I initially saw them as a revolutionary innovation with the potential to redefine the smartphone experience. However, the high price point and initial concerns about durability made me hesitant to jump on the bandwagon immediately. I eventually purchased the Samsung Galaxy Z Flip 3, drawn to its compact design and the nostalgia it evoked for classic flip phones. While I appreciate the novelty and functionality of the foldable form factor, I’ve also encountered some limitations. The crease on the inner display is noticeable, and I occasionally worry about the long-term durability of the hinge mechanism. Samsung’s decision to scale back production doesn’t surprise me entirely. While foldable phones have generated considerable buzz, they haven’t achieved mainstream adoption. The high cost remains a significant barrier for many consumers, and the technology still needs refinement to address concerns about durability and practicality. I believe that foldable phones have a future, but it might take longer than initially anticipated for them to become truly mainstream. Manufacturers need to continue innovating and refining the technology while also making them more affordable to attract a wider audience. Samsung’s reported decision to scale back foldable phone production in 2025 signals a potential slowdown in the growth of this emerging market. While foldable phones offer exciting possibilities, they face challenges in terms of price, durability, and consumer adoption. This strategic shift by Samsung could be a temporary adjustment to market realities or a sign of a broader reassessment of the foldable phone’s potential. Only time will tell how this decision will impact the future of foldable technology and Samsung’s role in shaping it. It’s crucial to remember that these reports are based on industry sources and haven’t been officially confirmed by Samsung. The company’s actual production plans for 2025 might differ.
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 Stephen Whyno, The Associated Press
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Nearly 13 months after his beloved wife Rosalynn died in November 2023, former President Jimmy Carter passed away at the age of 100, the Carter Center confirmed on Sunday. The former president made a rare public appearance at her memorial service. He sat in a wheelchair with a blanket that had a picture of him and Rosalynn together. He would also make a rare public appearance on October 1 as his hometown celebrated his 100th birthday. “Rosalynn was my equal partner in everything I ever accomplished,” President Carter said after his wife passed away. “She gave me wise guidance and encouragement when I needed it. As long as Rosalynn was in the world, I always knew somebody loved and supported me.” The couple was married for 77 years. They met as children, both growing up in Plains, Georgia. Their storied romance started when Jimmy was 17 years old. After their first date, he reportedly told his mom, “She’s the girl I want to marry.” The pair would marry not long after — in 1946. The couple moved to Norfolk, Virginia, where Jimmy was stationed after graduating from the U.S. Naval Academy. Like many military families, the Carters moved from city to city. Their three sons were born in three different states: Virginia, Hawaii and Connecticut. Their only daughter was born in their home state of Georgia. Jimmy left the military in 1953 and began a career in politics about 10 years later. RELATED STORY | Former President Jimmy Carter dies at age 100 Rosalynn was reportedly an important member of Jimmy’s campaign team when he ran for governor of Georgia, a race he won in 1970. After serving four years as governor, Jimmy decided to run for president. During the campaign, Rosalynn traveled the country independently, proving to be a strong advocate for her husband’s vision for the country. Jimmy Carter would go on to defeat President Gerald Ford and become the 39th president of the United States. Rosalynn was an active first lady. She attended cabinet meetings and frequently represented her husband at ceremonial events. Rosalynn shared in her husband’s efforts to work to make the U.S. government more “competent and compassionate,” the White House said. After leaving the White House in 1981, the couple returned to Georgia. They would go on to become some of the most notable philanthropists in the world. They founded The Carter Center, which is committed to protecting human rights around the world.South Korean authorities seek warrant to detain impeached president
Commerce Bank Purchases 1,760 Shares of CenterPoint Energy, Inc. (NYSE:CNP)
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Segall Bryant & Hamill LLC acquired a new position in shares of Blue Owl Capital Inc. ( NYSE:OWL – Free Report ) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 46,475 shares of the company’s stock, valued at approximately $900,000. Several other large investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. increased its position in shares of Blue Owl Capital by 6,783.8% in the first quarter. Russell Investments Group Ltd. now owns 25,470 shares of the company’s stock worth $480,000 after purchasing an additional 25,100 shares during the period. Acadian Asset Management LLC bought a new position in shares of Blue Owl Capital in the first quarter worth $624,000. Quadrature Capital Ltd bought a new position in shares of Blue Owl Capital in the first quarter worth $738,000. LRI Investments LLC bought a new position in shares of Blue Owl Capital in the first quarter worth $105,000. Finally, Morse Asset Management Inc increased its position in shares of Blue Owl Capital by 14.0% in the first quarter. Morse Asset Management Inc now owns 12,200 shares of the company’s stock worth $230,000 after purchasing an additional 1,500 shares during the period. Institutional investors own 35.85% of the company’s stock. Blue Owl Capital Trading Up 0.9 % Shares of OWL stock opened at $24.55 on Friday. The business’s 50-day moving average price is $21.55 and its 200-day moving average price is $19.15. Blue Owl Capital Inc. has a 12 month low of $13.01 and a 12 month high of $24.70. The firm has a market capitalization of $36.67 billion, a price-to-earnings ratio of 144.41, a PEG ratio of 1.63 and a beta of 1.14. Blue Owl Capital Announces Dividend The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 11th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend was Monday, November 11th. Blue Owl Capital’s payout ratio is 423.53%. Analyst Ratings Changes OWL has been the topic of a number of recent analyst reports. Piper Sandler raised their price target on Blue Owl Capital from $23.00 to $25.00 and gave the stock an “overweight” rating in a research report on Friday, November 1st. Wells Fargo & Company raised their price target on Blue Owl Capital from $18.50 to $21.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 9th. Evercore ISI raised their price objective on Blue Owl Capital from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. UBS Group raised their price objective on Blue Owl Capital from $20.00 to $27.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Finally, Oppenheimer raised their price objective on Blue Owl Capital from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.31. Read Our Latest Stock Analysis on OWL Blue Owl Capital Company Profile ( Free Report ) Blue Owl Capital Inc operates as an asset manager in the United States. The company offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. It also provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; liquid credit; GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants. Further Reading Want to see what other hedge funds are holding OWL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blue Owl Capital Inc. ( NYSE:OWL – Free Report ). Receive News & Ratings for Blue Owl Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Owl Capital and related companies with MarketBeat.com's FREE daily email newsletter .