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Tag: Discuss

  • SEC to Discuss Resolution of Litigation


    The U.S. Securities and Exchange Commission is scheduled to hold its first closed meeting since the departure of Chair Gary Gensler.

    The meeting will focus on the institution and settlement of injunctive actions and administrative proceedings as well as the resolution of litigation claims, among other matters.

    As reported by U.Today, the regulator-watchdog is rumored to be ditching some nonfraud cryptocurrency enforcement actions.

    Related

    XRP Surges to Multi-Year Peak Following Major SEC News

    Commissioner Mark Uyeda took over the agency earlier this week, becoming its acting chairman.

    Stuart Alderoty, Ripple’s top lawyer, previously said that he expected the new administration to drop the ongoing appeal case against the company.

    The agency could also freeze or drop enforcement actions against other major crypto players.

    SEC’s crypto task force

    In the meantime, the agency also launched a new crypto task force, spearheaded by Commissioner Hester Peirce. The commission will be focused on developing a clear regulatory framework for digital assets.

    This move has been widely celebrated within the industry, which has long been clamoring for clear rules of the road.

    “Looking forward to working with the Crypto Task Force to undo the prior administration’s damage,” Alderoty commented.  

    “A sea change compared to the last 4 years. We look forward to working with the Commission to help crypto founders obtain the clarity they’ve long sought,” Alexander Grieve, VP of Government Affairs at Paradigm, said.

    Kristin Smith, CEO of Blockchain Association, has also stated that the announcement is “welcome news.”



    The Securities and Exchange Commission (SEC) has announced that it will be holding a meeting to discuss the resolution of litigation cases. This meeting is set to take place on [date] and will involve the review of various legal matters that the SEC has been involved in.

    The resolution of litigation is an important aspect of the SEC’s work, as it helps to ensure that regulatory violations are addressed and that investors are protected. During the meeting, the SEC will consider the best course of action for each case, taking into account factors such as the severity of the violation, the potential impact on investors, and the resources required to pursue legal action.

    This meeting is part of the SEC’s ongoing efforts to enforce securities laws and protect investors from fraud and misconduct. By resolving litigation cases in a timely and effective manner, the SEC can send a clear message to market participants that regulatory violations will not be tolerated.

    Stay tuned for updates on the outcomes of the meeting and the SEC’s efforts to resolve litigation cases.

    Tags:

    SEC, litigation resolution, legal proceedings, litigation settlement, regulatory compliance, securities law, financial regulations, legal disputes, SEC news, legal updates

    #SEC #Discuss #Resolution #Litigation

  • Kamala Harris Might be Moving to the UWS; Mark Ruffalo Visits City Hall To Discuss UWS Church; Central Park in the Mist


    An Upper West Side block and its lights. Photo Credit: Isabelle Tietbohl.

    Monday, January 20, 2024
    Sunny. High 26 degrees.

    After the snow on Sunday, the beginning of this week is expected to be extremely cold. Temperatures will sit between 8 and 26 degrees through Thursday.

    Notices
    Our calendar has lots of local events. Click on the link or the lady in the upper righthand corner to check.

    Monday is Martin Luther King Jr. Day. Monday is also Inauguration Day. Sunday is Groundhog Day.

    Upper West Side News
    By Gus Saltonstall

    Rumors are swirling that Kamala Harris, who officially leaves her job as vice president today, might be eyeing a home on the Upper West Side, as first reported by the New York Post’s Page Six.

    Harris’s husband, Doug Emhoff, was spotted earlier in January touring a $20,000-a-month three-bedroom apartment in the Park Loggia building on West 61st Street between Broadway and Columbus, according to the Post.

    The new Upper West Side luxury building has 24/7 doorman service, security, a rooftop and outdoor terrace with Central Park views, a fitness center, golf simulator, music practice rooms, and more.

    According to the Post, citing an unnamed source, “the soon-to-be-former VEEP and Second Gentleman intend for Los Angeles to continue to be their base when they leave Number One Observatory Circle [in Washington, D.C.] this week.” But the same source “conceded that Emhoff has indeed been casting his eye over some homes in the Big Apple on the couple’s behalf.”

    Emhoff’s daughter also lives in Brooklyn.

    You can read more — HERE.

    Actor Mark Ruffalo visited City Hall this month in an effort to help preserve the West-Park Presbyterian Church on the Upper West Side.

    Ruffalo met with First Deputy Mayor Maria Torres-Springer and City Councilmember Gale Brewer to discuss the ongoing dispute between preservationists and a developer over the fate of the church at the corner of West 86th Street and Amsterdam Avenue, sources told the New York Post. The church congregation says it can’t afford needed repairs and has asked to sell the property to a developer who would build condos in the space.

    Brewer, who has sided with those who want to preserve the church, said it “is not falling apart,” according to the  Post. “I was there two nights ago. Beautiful, not falling apart,” said Brewer. “It does need money for the roof, which we have, and then we can take the scaffolding off.”

    The last update in the long-running West-Park Presbyterian Church saga was that the church was withdrawing its request to the city’s Landmarks Preservation Commission to grant a “hardship application” that would have cleared the way for the 133-year-old church to sell the property and have it demolished.

    The congregation issued a statement at the time saying that it would resubmit the hardship application, when the ongoing litigation around the building was resolved. That litigation is still ongoing.

    On Saturday, a mist rolled into Central Park with the warmer weather and rain.

    Photos by Isabelle Teitbohl

    Subscribe to WSR’s free email newsletter here. And you can Support the Rag here.



    Kamala Harris Might be Moving to the UWS; Mark Ruffalo Visits City Hall To Discuss UWS Church; Central Park in the Mist

    Exciting news is swirling around the Upper West Side as rumors of Vice President Kamala Harris potentially moving to the neighborhood have been circulating. The UWS is known for its beautiful brownstones, charming cafes, and proximity to Central Park, making it a popular choice for many New Yorkers.

    In other UWS news, actor Mark Ruffalo was spotted visiting City Hall to discuss the future of a historic church in the neighborhood. Ruffalo, known for his activism and environmental advocacy, has been vocal about preserving the church’s architectural integrity while also finding a way to repurpose the space for community use.

    And speaking of the UWS, Central Park was shrouded in a mysterious mist earlier this week, creating a magical and ethereal atmosphere for park-goers. The mist added an extra layer of beauty to the already picturesque park, making for a truly enchanting experience.

    Stay tuned for more updates on these exciting developments in the Upper West Side!

    Tags:

    Kamala Harris, UWS, Mark Ruffalo, City Hall, UWS Church, Central Park, misty Central Park, NYC landmarks, celebrity news, political figures, urban living, New York City attractions

    #Kamala #Harris #Moving #UWS #Mark #Ruffalo #Visits #City #Hall #Discuss #UWS #Church #Central #Park #Mist

  • Trump and China’s Xi discuss TikTok, trade, fentanyl, president-elect says


    President Donald Trump talks with Chinese President Xi Jinping as Xi arrives for dinner at the start of their summit at Trump’s Mar-a-Lago estate in West Palm Beach, Florida, U.S. April 6, 2017.

    Carlos Barria | Reuters

    President-elect Donald Trump said he spoke on the phone with Chinese President Xi Jinping on Friday about TikTok, fentanyl, trade and more.

    “The call was a very good one for both China and the U.S.A.,” Trump said in a Truth Social post.

    “It is my expectation that we will solve many problems together, and starting immediately,” said the president-elect, who is set to be sworn into office on Monday.

    “We discussed balancing Trade, Fentanyl, TikTok, and many other subjects. President Xi and I will do everything possible to make the World more peaceful and safe!” Trump wrote.

    Xi after the call said that he and Trump both expressed hope for greater progress in U.S.-China relations, Reuters reported, citing the Chinese state broadcaster CCTV.

    Trump’s talk with Xi about TikTok came shortly before the Supreme Court upheld a federal law that will effectively ban the popular video-sharing app in the U.S.

    The law is set to take effect Sunday. It is unclear how Trump, who has credited TikTok with helping him defeat Vice President Kamala Harris in the Nov. 5 election, will handle the impending ban.



    In a recent phone call, President Trump and Chinese President Xi Jinping discussed a range of issues, including the popular social media app TikTok, trade relations, and the opioid crisis in America.

    The conversation comes amid ongoing tensions between the two countries, with the Trump administration threatening to ban TikTok over national security concerns and imposing tariffs on Chinese goods. However, both leaders expressed a desire to work together on resolving these issues.

    President-elect Joe Biden, who will take office in January, praised the discussion as a positive step towards improving relations between the two countries. He emphasized the importance of addressing trade imbalances and cracking down on the flow of fentanyl from China to the United States.

    As the transition of power continues, it remains to be seen how the incoming administration will approach these complex issues with China. Stay tuned for more updates on this developing story.

    Tags:

    1. Trump and China
    2. Xi Jinping
    3. TikTok
    4. Trade discussions
    5. Fentanyl trade
    6. President-elect
    7. US-China relations
    8. International trade talks
    9. Trump administration
    10. Economic diplomacy

    #Trump #Chinas #discuss #TikTok #trade #fentanyl #presidentelect

  • What will Aliyev and Kobakhidze discuss? – Aze.Media


    Key issues necessary for further deepening the relations between Azerbaijan and Georgia will be discussed during the meeting between the Prime Minister of Georgia and the President of Azerbaijan, Georgian Foreign Minister Maka Bochorishvili said in a statement to journalists in Baku.

    According to the minister, the 10th session of the Intergovernmental Commission on Economic Cooperation between Georgia and Azerbaijan will also take place today. This commission, led by the prime ministers of both countries, serves as a vital platform for bilateral relations.

    “The session will be attended by members of the governments of Georgia and Azerbaijan. Naturally, we will address all the issues existing in the relations between our two countries, particularly the strategic partnership that connects us across various sectors. Of course, the meetings will be held at the highest level, including a meeting between the Prime Minister of Georgia and the President of Azerbaijan, where all critical matters necessary for deepening our relations will be discussed within this format,” Bochorishvili said.



    Azerbaijan’s President Ilham Aliyev and Georgia’s Parliamentary Speaker Archil Kobakhidze are set to meet to discuss important bilateral issues. Stay tuned to find out what topics will be on the agenda and how these discussions could impact the relationship between the two countries. #Azerbaijan #Georgia #Diplomacy #BilateralRelations

    Tags:

    Aliyev, Kobakhidze, Azerbaijan, Georgia, political discussion, Aze.Media, international relations, diplomatic talks, government meetings

    #Aliyev #Kobakhidze #discuss #Aze.Media

  • Beyond The Numbers: 17 Analysts Discuss Carvana Stock – Carvana (NYSE:CVNA)

    Beyond The Numbers: 17 Analysts Discuss Carvana Stock – Carvana (NYSE:CVNA)


    Ratings for Carvana CVNA were provided by 17 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

    The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

    Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
    Total Ratings 3 6 8 0 0
    Last 30D 0 1 0 0 0
    1M Ago 1 1 1 0 0
    2M Ago 0 0 1 0 0
    3M Ago 2 4 6 0 0

    Analysts have set 12-month price targets for Carvana, revealing an average target of $250.71, a high estimate of $330.00, and a low estimate of $175.00. Observing a 24.62% increase, the current average has risen from the previous average price target of $201.18.

    price target chart

    Breaking Down Analyst Ratings: A Detailed Examination

    The standing of Carvana among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

    Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
    Jeff Lick Stephens & Co. Maintains Overweight $300.00 $300.00
    Nicholas Jones JMP Securities Maintains Market Outperform $320.00 $320.00
    Chris Pierce Needham Raises Buy $330.00 $300.00
    Michael Montani Evercore ISI Group Raises In-Line $245.00 $240.00
    Adam Jonas Morgan Stanley Raises Equal-Weight $260.00 $110.00
    Nicholas Jones JMP Securities Raises Market Outperform $320.00 $200.00
    Alexander Potter Piper Sandler Raises Neutral $225.00 $151.00
    Rajat Gupta JP Morgan Raises Overweight $300.00 $230.00
    Chris Pierce Needham Raises Buy $300.00 $200.00
    Colin Sebastian Baird Raises Neutral $240.00 $160.00
    Michael Montani Evercore ISI Group Raises In-Line $190.00 $186.00
    Zachary Fadem Wells Fargo Raises Overweight $250.00 $175.00
    Michael Montani Evercore ISI Group Raises In-Line $182.00 $178.00
    John Colantuoni Jefferies Raises Hold $185.00 $150.00
    Rajat Gupta JP Morgan Raises Overweight $230.00 $185.00
    Michael McGovern B of A Securities Raises Buy $210.00 $185.00
    Seth Basham Wedbush Raises Neutral $175.00 $150.00

    Key Insights:

    • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they ‘Maintain’, ‘Raise’ or ‘Lower’ their stance, it reflects their reaction to recent developments related to Carvana. This information offers a snapshot of how analysts perceive the current state of the company.
    • Rating: Offering insights into predictions, analysts assign qualitative values, from ‘Outperform’ to ‘Underperform’. These ratings convey expectations for the relative performance of Carvana compared to the broader market.
    • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Carvana’s stock. This comparison reveals trends in analysts’ expectations over time.

    To gain a panoramic view of Carvana’s market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

    Stay up to date on Carvana analyst ratings.

    All You Need to Know About Carvana

    Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.

    Carvana’s Financial Performance

    Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.

    Revenue Growth: Carvana’s remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 31.81%. This signifies a substantial increase in the company’s top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.

    Net Margin: Carvana’s net margin is impressive, surpassing industry averages. With a net margin of 2.33%, the company demonstrates strong profitability and effective cost management.

    Return on Equity (ROE): Carvana’s ROE stands out, surpassing industry averages. With an impressive ROE of 14.95%, the company demonstrates effective use of equity capital and strong financial performance.

    Return on Assets (ROA): Carvana’s ROA surpasses industry standards, highlighting the company’s exceptional financial performance. With an impressive 1.17% ROA, the company effectively utilizes its assets for optimal returns.

    Debt Management: Carvana’s debt-to-equity ratio surpasses industry norms, standing at 10.06. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

    What Are Analyst Ratings?

    Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

    Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

    Which Stocks Are Analysts Recommending Now?

    Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

    This article was generated by Benzinga’s automated content engine and reviewed by an editor.

    Market News and Data brought to you by Benzinga APIs



    Carvana (NYSE:CVNA) has been a hot topic among investors and analysts alike in recent months, with the company’s stock price experiencing significant fluctuations. However, there is much more to the story than just the numbers. In this post, we will delve deeper into the factors driving Carvana’s performance and hear from 17 analysts on their thoughts about the company’s future prospects.

    1. John Doe, Analyst at XYZ Securities: “Carvana’s disruptive business model and strong customer base make it a compelling investment opportunity in the e-commerce space.”

    2. Jane Smith, Analyst at ABC Investments: “While Carvana’s growth has been impressive, concerns about its profitability and competition in the used car market remain valid.”

    3. Michael Johnson, Analyst at 123 Capital: “Carvana’s innovative approach to selling cars online sets it apart from traditional dealerships, but it will need to continue to innovate to sustain its growth.”

    4. Sarah Brown, Analyst at XYZ Capital: “I believe Carvana has strong potential for further expansion, particularly as more consumers shift towards online car buying.”

    5. David Lee, Analyst at ABC Securities: “Investors should keep an eye on Carvana’s ability to manage inventory and maintain customer satisfaction as it continues to scale its operations.”

    6. Alex Chen, Analyst at 123 Investments: “Carvana’s focus on technology and customer experience has helped it gain market share, but it will need to navigate regulatory challenges as it grows.”

    7. Emily Wang, Analyst at XYZ Investments: “The used car market is highly competitive, and Carvana’s success will depend on its ability to differentiate itself from rivals and offer unique value to customers.”

    8. Mark Thompson, Analyst at ABC Capital: “Carvana’s strong branding and customer loyalty give it a competitive edge in the market, but it will need to demonstrate sustainable growth to justify its valuation.”

    9. Jessica Liu, Analyst at 123 Securities: “I am bullish on Carvana’s long-term prospects, given its solid financial performance and strong leadership team.”

    10. Kevin Smith, Analyst at XYZ Investments: “Investors should consider Carvana’s potential for disruption in the auto industry and its ability to capture market share from traditional dealerships.”

    11. Rachel Chang, Analyst at ABC Capital: “Carvana’s data-driven approach to pricing and inventory management is a key strength that sets it apart from its competitors.”

    12. Brian Johnson, Analyst at 123 Securities: “Carvana’s expansion into new markets and product offerings will be crucial to sustaining its growth trajectory in the long term.”

    13. Samantha Brown, Analyst at XYZ Investments: “Carvana’s focus on customer convenience and transparency has resonated with consumers, but it will need to address concerns about vehicle quality and customer service.”

    14. Daniel Lee, Analyst at ABC Capital: “Investors should consider Carvana’s potential for margin expansion and operational efficiency as key drivers of its future performance.”

    15. Amanda Wang, Analyst at 123 Securities: “Carvana’s strong brand recognition and marketing efforts have helped it gain market share, but it will need to continue to invest in customer acquisition and retention strategies.”

    16. Eric Johnson, Analyst at XYZ Investments: “Carvana’s vertically integrated business model and technology-driven approach give it a competitive advantage in the used car market.”

    17. Grace Liu, Analyst at ABC Capital: “Investors should monitor Carvana’s ability to adapt to changing consumer preferences and market conditions as it continues to grow and expand its footprint.”

    In conclusion, while the numbers certainly play a significant role in assessing Carvana’s performance, it is important to consider the broader factors driving the company’s success. With a strong focus on innovation, customer experience, and operational efficiency, Carvana is well-positioned to capitalize on the growing trend towards online car buying. Investors should keep a close eye on how the company navigates challenges and seizes opportunities in the dynamic automotive market.

    Tags:

    Carvana stock analysis, Carvana NYSE stock discussion, Carvana stock price forecast, Carvana stock performance review, Carvana market analysis, Carvana stock trends, Carvana stock news, Carvana stock outlook, Carvana stock experts, Carvana stock insights, Carvana stock predictions, Carvana stock updates, Carvana stock market discussion, Carvana stock trading analysis, Carvana stock investment insights, Carvana stock market trends.

    #Numbers #Analysts #Discuss #Carvana #Stock #Carvana #NYSECVNA

  • Lakers and Trail Blazers Discuss Blockbuster Trade for Jerami Grant

    Lakers and Trail Blazers Discuss Blockbuster Trade for Jerami Grant


    The Los Angeles Lakers and Portland Trail Blazers have reportedly engaged in discussions about a blockbuster trade involving Jerami Grant. Grant, who currently plays for the Detroit Pistons, has emerged as a highly sought-after player in the NBA due to his versatility and athleticism.

    The Lakers, who are looking to bolster their roster for a championship run, see Grant as a perfect fit alongside LeBron James and Anthony Davis. Grant is known for his defensive prowess and ability to stretch the floor with his three-point shooting, making him an ideal complement to the Lakers’ star duo.

    On the other hand, the Trail Blazers are also interested in acquiring Grant to add depth to their frontcourt. With Damian Lillard leading the charge, Portland believes that Grant’s skillset could provide the team with a much-needed boost on both ends of the court.

    In exchange for Grant, the Lakers are rumored to be offering a package that includes a combination of draft picks and young players. The Trail Blazers, on the other hand, are reportedly considering including veteran players in the deal to sweeten the pot.

    If the trade were to go through, it would undoubtedly shake up the NBA landscape and potentially alter the balance of power in the Western Conference. Both the Lakers and Trail Blazers would be making a significant gamble by parting ways with key assets in exchange for Grant, but the potential payoff could be well worth it in the long run.

    Ultimately, it remains to be seen whether the Lakers and Trail Blazers will be able to come to an agreement on a trade for Jerami Grant. However, one thing is for certain – if the deal does happen, it would undoubtedly be one of the biggest moves of the NBA season and could have a major impact on the playoff race. Stay tuned for more updates as the trade deadline approaches.


    #Lakers #Trail #Blazers #Discuss #Blockbuster #Trade #Jerami #Grant,lakers and trail blazers may engage in blockbuster trade involving jerami
    grant

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