Germany has pledged to tighten its law to make it easier to prosecute people-smugglers enabling small-boat crossings to Britain, as the two countries signed a new deal aimed at tackling immigration crime. Berlin confirmed plans to reform its legal framework make it a clear criminal offence to “facilitate the smuggling of migrants to the UK” as part of the agreement, the Home Office said. The Home Office said the move would give German prosecutors more tools to tackle the supply and storage of dangerous small boats. Both countries will also commit to exchange information that may help to remove migrant-smuggling content from social media platforms and tackle end-to-end routes of criminal smuggling networks as part of the deal. It comes ahead of the UK and Germany hosting the so-called Calais Group in London, which sees ministers and police from the two countries, alongside France, Belgium and the Netherlands, gather to discuss migration in Europe. Delegates are expected to agree a detailed plan to tackle people-smuggling gangs in 2025 at the meeting on Tuesday. Home Secretary Yvette Cooper said: “For too long organised criminal gangs have been exploiting vulnerable people, undermining border security in the UK and across Europe while putting thousands of lives at risk. “We are clear that this cannot go on. “Germany is already a key partner in our efforts to crack down on migrant smuggling, but there is always more we can do together. “Our new joint action plan with deliver a strengthened partnership with Germany, boosting our respective border security as we work to fix the foundations, and ultimately saving lives.” Nancy Faeser, German federal minister of the interior said: “We are now stepping up our joint action to fight the brutal activities of international smugglers. “This is at the core of our joint action plan that we have agreed in London. “I am very grateful to my British counterpart Yvette Cooper that we were able to reach this important agreement. “It will help us end the inhumane activities of criminal migrant smuggling organisations. “By cramming people into inflatable boats under threats of violence and sending them across the Channel, these organisations put human lives at risk. “Many of these crimes are planned in Germany. “Together, we are now countering this unscrupulous business with even more resolve. “This includes maintaining a high investigative pressure, exchanging information between our security authorities as best as possible, and persistently investigating financial flows to identify the criminals operating behind the scenes.”Quest Commonwealth Emerges as the Premier Estate Planning Partner for Retirees1. A velvety cream-to-powder Wet n Wild multi-stick to conceal, highlight, or contour. Pick a shade depending on your need, and then swipe away for a buildable and long-lasting color. Reviewers swear that you can also use them a lipstick, eyeshadow, or blush! Promising review: "I absolutely love this product!! I've been using it about every day for the past almost two years, and it's easily become my favorite cream bronzer ! I am a light-skinned gal with normal-dry skin, and I use the shade Oak's On You as a bronzer rather than a contour. Perfect shade, consistency, and texture and blends with NO problem. I find that while it does need some building up, I don't find that to be a bad thing if you are looking for a light wash of bronzer color on a light makeup day and/or can build it up enough to your liking without it being too much all at once. I will ALWAYS buy this product as long as it's still being made!" — Violet & Brandy Get it from Amazon for $3.98 (more shades available here ). 2. A pack of foaming garbage disposal cleaners because they'll deodorize your smelly pipes safely and dislodge buildup safely and effectively. No one wants to smell the leftovers you tossed down the sink three days ago. Promising review: "This product works! I followed the directions, which were super easy, and was very satisfied to see the gross slime and muck that was removed . You put the entire packet down your disposal, and the magic happens quickly! Very powerful and successful cleaning! The scent was not what I would call overpowering, but the inside of the disposal is super clean, confirmed. These will definitely be a cleaning staple for me. The garbage disposal runs much easier and more quiet now. When things fall into the disposal, my hands are not covered in gross slimy stuff anymore." — JSullivanJ Get a pack (good for four uses) from Amazon for $3.78 . 3. A pack of sound-dampening door bumpers if you love your family but they're also monsters who seem to enjoy shutting doors and closing cabinets as loud as possible when you're trying to sleep. Promising review: "Should have bought these years ago! Now, my cabinets don’t thud when closed, and they even open easily. Got rid of the sticky bumpers that the installers applied. I thought 40 bumpers would be way too many, but ended up using all but four." — Darcy M Get a sheet of 20 from Amazon for $3.99 . 4. A pack of slow cooker liners that'll come in handy if you have a lot of hungry people to feed. With the disposable liners, you can cook different recipes at the same time, reducing your overall cooking time *and* saving you from having to wash a huge stack of dishes. PS: They also come in handy with dishes going into a water bath (think cheesecakes, custards, and puddings). Promising review: "We constantly use our crockpot for easy meals. I'm a teacher and my husband is a firefighter, and it's just easy for our family of five. No real cleanup. I toss the bag in the trash after use and will just run a wet rag around the inside of the pot for good measure. Never have a problem with holes or burning." — Ashley Matthews Get a pack of six from Amazon for $3.48 . 5. A before-you-go toilet spray so your coworker is none the wiser when they enter the bathroom after you. Promising review: "Took it on a cruise — I would highly recommend. One spray and smells are gone! " — phyllis parker Get it from Amazon for $4.99 . 6. Some Tide sink packets with the perfect amount of detergent to clean your sweaty T-shirts, and dirty undies. Rewear clothing instead of stuffing your suitcase with pieces you'll only wear once! Promising review: "My husband and I travel often. If we go to Europe, we stay for at least a month. We stay longer to make the use of my airline reward points more valuable in seeing more cities and in seeing more places. Now retired, we can take our time in cities. We take minimal clothes and re-wear them. With these Tide travel packs, I can wash our clothes in the bathtub, use travel clothespins to hang and dry items, and even use a hair dryer to dry heavier items like jeans quickly. Always pack these Tide packs for all travel. They are especially great during hot times and hot temperature locations." — B Tatum Get three packs from Amazon for $4.31 . 7. A cruelty-free lengthening mascara because you're tired of mascaras that don't live up to their promises. This one won't let you down — I promise! It's lightweight, won't transfer, doesn't smudge, and lasts all day. Consider your expectations exceeded! Promising review: "Love this mascara! I’ve used the 'best of the best' designer, super hyped, ultra-popular mascara available, and NOTHING compares to this stuff ! I don’t even bother using a lash curler anymore! I buy two at a time, so I always have a spare (yes, it’s that good!!). I highly recommend this particular mascara... it goes on effortlessly, it lasts pretty much all day, and the price — I feel like I’m almost stealing it! I’d give it 10 stars if I could!!! " — Chulaboola & MCD Get it from Amazon for $4.99 . 8. Some acne patches for those days when a pimple pops up at the *worst* possible moment. Hydrocolloid, tea tree oil, and calendula oil are gentle on the skin while still drawing out fluids and pus from your pimple. Promising review: "I've tried a few pimple patches, and they often work just 'fine.' Not particularly well, but better than just leaving a whitehead alone. Super stoked to say these work great for me — better than any other brand I've tried. I leave a patch on overnight, and I'm always impressed by how much gunk it pulls out by the morning. The only advice I have is to make sure your skin is dry when you put these on. Some other patches have decent adhesion even if your skin is still wet, but these become almost unstickable if your skin's not dry enough." — Jac Get 30 round patches from Amazon for $4.88 . 9. An interactive cat toy that'll appease your furry rulers and occupy them for a few hours...until they come howling for dinner. Promising review: "I have a whole room filled with cat toys that my cat is not interested in. It's funny how the least expensive cat toy I have makes him go crazy. He plays with this until he's panting like a dog, and I have never seen him jump so high. I'm certain this toy will help him lose his belly. He loves it! I highly recommend it! " — Kwoo Get it from Amazon for $3.99 . 10. An exfoliating heel mask so you can soften and unglue those rock-hard calluses to reveal the soft, smooth skin underneath 'em. Promising review: "This worked great! My heels were pretty badly cracked, and after about a week of using it (I did leave it on for the full hour), the skin began peeling off. After several days of peeling the cracks were all gone. I used one a few years ago on my whole foot. I liked that this one was just for the heels. You can't walk around once it's on, so get all set up in advance and plan on staying put before you put it on." — Sunnylaz Get it from Amazon for $4.68 . 11. A pack of light-dimming stickers because bright alarm clocks and flashing electronics shouldn't distract you from sleep. Promising review: "My wife hates all my gadgets in our room and how they do an excellent job at lighting it up. Between the constantly flashing red, blue, and green LEDs, it was hard for her to fall asleep and stay asleep, causing some not-so-nice mornings, if you know what I mean. LightDims was an inexpensive impulse purchase because, hey, why not? It may compel my wife to stop complaining and actually get some peaceful sleep. Well, I'm glad to announce that LightDims did the trick ! I'm still able to monitor device activity at a glance without putting on a personal light show in the room. The LightDims adhere strongly and come in various shapes and sizes for convenience. It seems like they'd remove easily, although who would want to? I'd definitely recommend LightDims to anyone for use on all their devices!" — A. Williams Get a sheet of more than 100 stickers of varying shapes and sizes on Amazon for $1.49 . 12. A moisturizing saline gel if you're a drippy, sneezy mess thanks to allergies (me right now!) and are constantly blowing your nose, which has led to some not-infrequent nosebleeds (so fun!). Reviewers who use CPAP machines swear by this stuff, as do airplane travelers (dry airplane air!). Promising review: "So thankful for this gel. Was having nosebleeds daily with the dry air and this stopped them! It doesn’t make your nose feel sticky, and it’s not really smelly. Easy to use. It was everything I needed." — Danica Get it from Amazon for $3.62 . 13. A pack of food spikes for plants that are in desperate need of a #glowup. These fertilizer spikes inject nutrients and nourishment into your plant's roots continuously. Promising review: "Purchased flowers from a famous store near us, was disappointed when all the flowers and greenery were dying. I purchased these and put them in my pots, deep under the soil, and a good dose of water for a few days; within a week, the flowers and greenery burst into their best vibrant colors. A strong bump of growth. I was stunned the colors were so vibrant. They saved dying greenery and flowers." — Patzy Get a pack of 50 spikes from Amazon for $2.59 . 14. A double-sided scour pad that'll obliterate soap scum, limescale, hard water stains, pink mold and whatever else is gunking up your tub, tiles, shower, sinks, and other bathroom surfaces. Promising review: "I don't know what this thing is made of or what is in it, but it works. I used it to clean my glass shower doors and it cleaned deep enough to go through layers of hard water stains. I used it on the shower fixtures and my large bathroom mirror. It is not worn out." — Lee Get it from Amazon for $4.97 . 15. A color-changing aloe vera lipstick so every time you swipe it on you're wearing *your* perfect shade. It magically adjusts hues depending on your temperature and your lip's pH and leaves behind a subtle sheen and a hydrating finish. Promising review: "I’m so happy with these! They smell SUPER nice and clean. It goes on clear and smooth, is decently moisturizing, and it’s not overly greasy. It gave me a nice pinkish-reddish tone, like my lips are two shades darker, and I love it! It looks very natural and perfect! PLEASE keep these in stock, I want to keep these forever! I applied once hours ago, and also applied a different clear lip balm over it later on, and I still have color even. It seems to last so long, even through eating and drinking. It doesn’t smudge off and looks so cute! I’m so happy with these! I love the smell and the color so much! Much better and longer lasting than a lipgloss I had!" — Lin Get it from Amazon for $3.99 . 16. An adorable cat spoon to keep you company while you're sipping your cat-puccino. Promising review: "Bought these on impulse. They serve as great baby feeding spoons and to stir coffee." — Ricky Get it from Amazon for $3.59 . 17. A triangle powder puff because they'll give your skin that airbrushed look. You can use it with wet or dry products, but reviewers swear it's the secret to applying setting powder that isn't cakey and doesn't crease. Promising review: "These thingies are so essential to your makeup routine. They make everything look so smooth when you set with the powder! It’s a must." — Karla J Get a two-pack from Amazon for $2.99 . 18. A travel jewelry organizer if your current method for packing your jewelry is just dumping it all in a plastic bag and hoping for the best. (Just me?) This handy dandy case will keep your earrings, rings, and necklaces neat and organized. Promising review: "This compact jewelry case is perfect for travel! It’s small and lightweight, making it easy to pack in any suitcase or bag. The interior is thoughtfully designed with multiple compartments to keep my jewelry organized and tangle-free. The quality is excellent, and the material feels durable yet soft enough to protect delicate pieces." — Lourdes Get it from Amazon for $4.50 (available in 26 colors). 19. A soap brow kit for anyone who wants to try this beauty trend they've seen all over TikTok. This method will help make your brows look thicker using just your existing hairs. And of course you can go in with a brow pen or powder to add even more fullness. Promising review: "I can say I am very satisfied with this one. You just have to wet your brush with a fixing mist or water and then brush it on the soap and comb. Ultra-fixed brows all day! It’s really the best thing for my brows; it keeps them the way that I like all day long. I'll use it every day. Easy to apply, easy to use." — Hadasa Get it from Amazon for $4.99 . 20. Some clear drawer organizers that'll bring some much-needed order to the chaos of your bathroom shelves and kitchen cabinets. Promising review: "I love this little organizer. I bought one to hold my weekly pack of daily contacts in a large drawer to keep them together instead of shifting around when I open the drawer. It was the perfect size and really nice quality for the price. I liked it so much that I bought a second one for a grouping of random pens I wanted to keep together in another drawer. Again, the perfect size. It does exactly what I need it to, and the price just cannot be beaten. I've already ordered this two separate times and will definitely keep buying if/when the need arises. " — lishy Get it from Amazon for $3.59+ (available in various sizes). 21. A soap saver dish so the expensive bar soap you treated yourself to isn't sitting in its wet juices all day. The slanted divots help liquid drain and allows for airflow under the bar, which helps extend the life of your soap *and* prevents the icky feeling of touching a soggy soap bar. Promising review: "I was pleasantly surprised at how nice these little soap holders are. They are more of a little pad than a 'soap dish': flexible and easy to put on the ledge in your shower or edge of the sink. They're designed to drain, so there isn't a water buildup under your soap bar; the water just drains off immediately. I liked the first ones so much, I ordered a second set." — Tam2dogs Get a three-pack for $4.99+ (available in four color combinations). 22. An exfoliating towel because reviewers with keratosis pilaris (aka "chicken skin" and "strawberry skin") swear it helps clear up those pesky reddish bumps. Promising review: "Worth the hype. Took off an embarrassing amount of dead skin. Very satisfying, though. I can’t describe how soft my skin feels now!!" — Jordan Nichols Get four towels from Amazon for $4.80 . 23. A pill organizer if you could use a helping hand when it comes to consistently remembering to take your meds. Promising review: "I got this to put my supplements in for when I travel. Love how cute and compact it is. It does come with a plastic pick to help you open the container if you have nails like me. I even use this to throw in my bag so when I forget to take my vitamins at home, I have it on me." — Clairessa Tessier Get it from Amazon for $4.99+ (available in four colors). 24. An earbuds cleaning pen so you can stop listening to muffled podcasts and enjoy clear, crisp audio. This double-sided pen offers a sponge, brush, and metal tip (yeah, to scoop out that earwax...). Promising review: "Wow! This is one handy and very sturdy little tool. I can see myself using it on many things, but I purchased it for AirPods. One of mine was not charging properly, and once I used the cleaner, it started making the connection again. The nib and brush really work well to get the gunk out of the ear pod speaker area, also. I’m very happy with this purchase. I don’t usually write reviews. Also, it’s very sturdy, not flimsy at all." — Joanna Davis Get it from Amazon for $4.99 . These products once they come into your life: The reviews for this post have been edited for length and clarity.How to watch Cincinnati Bengals vs. Tennessee Titans: TV channel, streaming info
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Tens of thousands of Spaniards protest housing crunch and high rents in BarcelonaNEW YORK — Stoli Group USA, the owner of the namesake vodka , has filed for bankruptcy as it struggled to contend with slowing demand for spirits, a major cyberattack that has snarled its operations and several years of fighting Russia in court. The company in its bankruptcy filing said it is “experiencing financial difficulties” and lists between $50 million and $100 million in liabilities. Stoli vodka and Kentucky Owl bourbon will continue to be available on store shelves while the company navigates the Chapter 11 process, which only pertains to its U.S. business. Until 2022, Stoli was sold as Stolichnaya in the United States, which loosely translates to “capital city” in Russian. The company shortened its title following Russia’s invasion of Ukraine and boycotts against Russian-branded vodkas . Stoli Group’s founder, Russian-born billionaire Yuri Shefler, was exiled from that nation in 2000 because of his opposition to President Vladimir Putin. The liquor has long been marketed as a Russian vodka, but its production facilities have been in Latvia for several decades. Stoli Group is a unit of Luxembourg-based SPI Group, which owns other spirit and wine brands. “The Stoli Group has been targeted by the Russian Federation since it was formed nearly 25 years ago,” said Stoli Group CEO Chris Caldwell in a statement. “Earlier this year the company and our owner were both named by the Russian state as ‘extremist groups working against Russia’s interests.’” Its ongoing legal battle with the Russia government has forced Stoli to “spend dozens of millions of dollars on this long-term court battle across the globe with the Russian authorities,” according to its court filing. Caldwell also said that Stoli’s global operations has been a “victim of a malicious cyber attack” that has forced the company to operate “entirely manually while the systems are rebuilt.” A slowdown in demand for alcohol has crushed several company’s bottom lines following the pandemic when people were stuck at home and stocked up. Stoli’s filings said that it has seen a “decline and softening of demand for alcohol and spirits products post-Covid and especially beginning in 2023 and continuing into 2024.”
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Dec. 9, 2024 /PRNewswire/ - Manulife has been notified of an unsolicited mini-tender offer made by New York Stock and Bond LLC (New York Stock and Bond) to purchase up to 50,000 Manulife common shares, or less than 0.003% of the common shares outstanding, at a price of USD$12.50 per share. Manulife is in no way associated with New York Stock and Bond and does not recommend or endorse acceptance of this unsolicited offer. Manulife cautions shareholders that the mini-tender offer has been made at a price below the current market price for Manulife shares. The offer represents a discount of approximately 60.76% and 60.80%, respectively, below the closing prices of Manulife common shares on the TSX and NYSE on November 27, 2024 , the last trading day before the mini-tender offer was commenced, and a discount of 61.43% and 61.42%, respectively, below the closing prices on the TSX and NYSE on December 6, 2024 . Mini-tender offers are designed to seek less than 5% of a company's outstanding shares, avoiding disclosure and procedural requirements applicable to most bids under Canadian and U.S. securities regulations. The Canadian Securities Administrators (CSA) and the U.S. Securities and Exchange Commission (SEC) have expressed serious concerns about mini-tender offers, including the possibility that investors might tender to such offers without understanding the offer price relative to the actual market price of their securities. The SEC states that "bidders make mini-tender offers at below-market prices, hoping that they will catch investors off guard if the investors do not compare the offer price to the current market price." Shareholders should carefully review the New York Stock and Bond offer documents and current market price for Manulife shares, and consult their investment advisors regarding any offer they may receive and review with their advisors all options for their investment in Manulife shares. Manulife has stock transfer agents providing shareholder services in Canada , the United States , Hong Kong and the Philippines . These local agents provide services directly to our registered shareholders and can provide information on share account management, direct deposit of dividends, dividend reinvestment and share purchase plans. Please email manulifeinquiries@tmx.com for more information. Manulife requests that a copy of this news release be included in any distribution of materials relating to New York Stock and Bond's mini-tender offer for Manulife common shares. About Manulife Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada , we provide financial advice and insurance, operating as Manulife across Canada , Asia , and Europe , and primarily as John Hancock in the United States . Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2023, we had more than 38,000 employees, over 98,000 agents, and thousands of distribution partners, serving over 35 million customers. We trade as 'MFC' on the Toronto , New York , and the Philippine stock exchanges, and under '945' in Hong Kong. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/manulife-cautions-investors-regarding-new-york-stock-and-bond-llc-offer-for-shares-302326646.html SOURCE Manulife Financial CorporationSAN JOSE, Costa Rica (AP) — The Inter-American Court of Human Rights ruled Monday that the Venezuelan government violated the political rights of former opposition presidential candidate Henrique Capriles. The court, based in Costa Rica’s capital, said in a statement that the government violated his freedom of expression, his right to equality under the law and judicial protections. Capriles, an upper-middle class lawyer, used his charisma and non-combative style to win the support of millions and become an electoral threat to the since deceased in 2012. Capriles would lose that election, and another the following year after Chávez’s death, to current President Nicolás Maduro. It was during that second bid in 2013 that the court on Monday said the government violated Capriles’ rights and favored Maduro. State resources were used to bolster Maduro’s candidacy, the court said. Even so, the result was exceedingly close. The court ruled that Venezuela’s government undermined the integrity of the election and affected the right of Venezuelans to freely elect their leader. In 2017, Maduro’s administration . Capriles already had a ruling from the Inter-American Court of Human Rights in his favor. The court had ordered the Venezuelan government to lift the ban on his political participation, but it was ignored. In January, the Supreme Justice Tribunal ratified Capriles’ ban until 2032. In July, of an election full of irregularities for which tally sheets from poll places gathered by the opposition showed their candidate, Edmundo González, had defeated Maduro by a wide margin. But Venezuela’s National Electoral Council, which is stacked with Maduro loyalists, declared him the election winner hours after polls closed. ____ Follow AP’s coverage of Latin America and the Caribbean atEmera Inc. stock falls Monday, underperforms marketProcure to Pay (P2P) Solutions Market Industry Dynamics and Contributions by Tradeshift, Wax Digital, Jaggaer, Zycus, Oracle, GEP, Basware, Synertrade
Trump names billionaire investment banker Warren Stephens as his envoy to BritainB. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Archer-Daniels-Midland Company ( NYSE:ADM – Free Report ) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 26,678 shares of the company’s stock, valued at approximately $1,594,000. Several other institutional investors and hedge funds have also bought and sold shares of ADM. Empower Advisory Group LLC grew its position in shares of Archer-Daniels-Midland by 6.4% in the 3rd quarter. Empower Advisory Group LLC now owns 1,138,455 shares of the company’s stock worth $68,011,000 after buying an additional 68,133 shares during the last quarter. Marathon Asset Management Ltd grew its position in shares of Archer-Daniels-Midland by 4.5% in the 3rd quarter. Marathon Asset Management Ltd now owns 303,155 shares of the company’s stock worth $18,110,000 after buying an additional 13,177 shares during the last quarter. Heritage Wealth Management Inc. bought a new stake in shares of Archer-Daniels-Midland in the 2nd quarter worth approximately $974,000. Vest Financial LLC grew its position in shares of Archer-Daniels-Midland by 8.9% in the 3rd quarter. Vest Financial LLC now owns 782,428 shares of the company’s stock worth $46,742,000 after buying an additional 63,716 shares during the last quarter. Finally, nVerses Capital LLC bought a new stake in shares of Archer-Daniels-Midland in the 3rd quarter worth approximately $1,081,000. 78.28% of the stock is currently owned by institutional investors. Archer-Daniels-Midland Stock Down 0.1 % Shares of NYSE:ADM opened at $53.13 on Friday. The stock has a fifty day simple moving average of $56.60 and a two-hundred day simple moving average of $59.55. The stock has a market capitalization of $25.42 billion, a price-to-earnings ratio of 15.18 and a beta of 0.73. Archer-Daniels-Midland Company has a 12-month low of $48.92 and a 12-month high of $77.35. The company has a current ratio of 1.40, a quick ratio of 0.88 and a debt-to-equity ratio of 0.34. Archer-Daniels-Midland Dividend Announcement Insider Transactions at Archer-Daniels-Midland In other news, CEO Juan R. Luciano sold 170,194 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $60.51, for a total value of $10,298,438.94. Following the completion of the transaction, the chief executive officer now owns 265,210 shares in the company, valued at $16,047,857.10. The trade was a 39.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . Insiders sold 219,348 shares of company stock worth $13,296,833 over the last quarter. 1.20% of the stock is currently owned by insiders. Analyst Ratings Changes A number of research firms have recently commented on ADM. JPMorgan Chase & Co. raised their target price on Archer-Daniels-Midland from $65.00 to $66.00 and gave the company a “neutral” rating in a research note on Wednesday, July 31st. Morgan Stanley lowered their target price on Archer-Daniels-Midland from $57.00 to $52.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 12th. Finally, UBS Group raised their target price on Archer-Daniels-Midland from $60.00 to $64.00 and gave the company a “neutral” rating in a research note on Monday, September 9th. One investment analyst has rated the stock with a sell rating and fourteen have given a hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $62.83. Get Our Latest Analysis on Archer-Daniels-Midland Archer-Daniels-Midland Company Profile ( Free Report ) Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. Featured Articles Want to see what other hedge funds are holding ADM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Archer-Daniels-Midland Company ( NYSE:ADM – Free Report ). Receive News & Ratings for Archer-Daniels-Midland Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archer-Daniels-Midland and related companies with MarketBeat.com's FREE daily email newsletter .
Fluence Energy, Inc. Announces Convertible Notes Offering and Intention to Enter into Capped Call TransactionsRoyal Canadian Navy considers dropping traditional marching song over diversity issuesSyrian government services come to a 'complete halt' as state workers stay home after rebel takeoverNEW YORK — Stoli Group USA, the owner of the namesake vodka , has filed for bankruptcy as it struggled to contend with slowing demand for spirits, a major cyberattack that has snarled its operations and several years of fighting Russia in court. The company in its bankruptcy filing said it is “experiencing financial difficulties” and lists between $50 million and $100 million in liabilities. Stoli vodka and Kentucky Owl bourbon will continue to be available on store shelves while the company navigates the Chapter 11 process, which only pertains to its U.S. business. Until 2022, Stoli was sold as Stolichnaya in the United States, which loosely translates to “capital city” in Russian. The company shortened its title following Russia’s invasion of Ukraine and boycotts against Russian-branded vodkas . Stoli Group’s founder, Russian-born billionaire Yuri Shefler, was exiled from that nation in 2000 because of his opposition to President Vladimir Putin. Intel announced on December 2 that CEO Pat Gelsinger has resigned after a difficult stint at the company. The once-dominant chipmaker’s stock cratered as it missed the AI boom and was surpassed by most of its rivals. The liquor has long been marketed as a Russian vodka, but its production facilities have been in Latvia for several decades. Stoli Group is a unit of Luxembourg-based SPI Group, which owns other spirit and wine brands. “The Stoli Group has been targeted by the Russian Federation since it was formed nearly 25 years ago,” said Stoli Group CEO Chris Caldwell in a statement. “Earlier this year the company and our owner were both named by the Russian state as ‘extremist groups working against Russia’s interests.’” Its ongoing legal battle with the Russia government has forced Stoli to “spend dozens of millions of dollars on this long-term court battle across the globe with the Russian authorities,” according to its court filing. Caldwell also said that Stoli’s global operations has been a “victim of a malicious cyber attack” that has forced the company to operate “entirely manually while the systems are rebuilt.” A slowdown in demand for alcohol has crushed several company’s bottom lines following the pandemic when people were stuck at home and stocked up. Stoli’s filings said that it has seen a “decline and softening of demand for alcohol and spirits products post-Covid and especially beginning in 2023 and continuing into 2024.” Stoli Group USA, maker of Stoli vodka, has filed for bankruptcy due to slowing demand for spirits, a major cyberattack, and ongoing legal battles with Russia. The-CNN-WireTM & © 2024 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. Get the latest local business news delivered FREE to your inbox weekly.