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Thousands demand lower rents at Barcelona demoConexus Credit Union launches $100 million 'Ag Grow Fund' built for Saskatchewan ag producersTORONTO — Hannah Miller scored a power-play goal with 1:38 remaining in the game, lifting the Toronto Sceptres to a 3-1 victory over the Boston Fleet in the Professional Women's Hockey League season opener on Saturday. With Boston standout Hilary Knight in the penalty box for a vicious boarding penalty on Sceptres defender Renata Fast, Miller made good on her rebound attempt on a Daryl Watts shot with a half-open net. Fast recovered for an assist on the winner before 8,089 fans at Coca-Cola Coliseum. The Fleet (0-1-0) challenged the goal, but video review deemed Miller's shot was good. Sarah Nurse got Toronto (1-0-0) on the board with a short-handed tally 11:50 into the first period and Emma Maltais added an empty-net strike to seal the score at 3-1 with 12 seconds left on the game clock. Boston's Hilary Knight opened the scoring at the 3:00 mark of the opening frame, sending a slap shot past Toronto goalie Kristin Campbell, who registered 18 stops on the night. Toronto outshot Boston 41-19. Boston goalie Aerin Frankel, a big reason why her team advanced to the Walter Cup final last spring, was outstanding with 38 saves. Frankel made a significant glove-hand stop on Toronto defender Jocelyne Larocque with 6:36 remaining in the third period. Larocque was alone when a rebound caromed to her in front. But the puck was rolling, and she could only lift her shot straight into Frankel's glove. Nurse's goal tested the league's new jailbreak rule that sees a minor penalty — in this case, Izzy Daniel's tripping infraction — wiped out when a team scores a short-handed goal. . Takeaways Sceptres: Billie Jean King MVP Natalie Spooner missed the season opener. The PWHL scoring champion underwent left knee surgery last June after getting injured in Game 3 of Toronto's first-round series against Minnesota. Fleet: Defender Emma Greco of Burlington, Ont., played her first game for Boston. She was part of the Walter Cup-winning Minnesota team that defeated Boston in a three-game series last spring. Greco is one of five Ontario-born players on the Fleet roster. Key moment With the game tied 1-1, the Sceptres failed to score during a 59-second 5-on-3 advantage midway through the second period. Boston blocked five shots during the span. Key stat Last year, Toronto enjoyed an 11-game win streak en route to its regular-season championship, including three wins against Boston. Up next Toronto visits Ottawa on Tuesday. Boston will play its home opener on Wednesday, a rematch with the Walter Cup-champion Minnesota. This report by The Canadian Press was first published Nov. 30, 2024. Tim Wharnsby, The Canadian Press
Investor Warren Buffett renewed his Thanksgiving tradition of giving by announcing plans to hand more than $US1.1 billion ($1.7 billion) of Berkshire Hathaway stock to four of his family’s foundations, and he offered new details about who will be handing out the rest of his fortune after his death. Buffett has said previously that his three kids will distribute his remaining $US147.4 billion ($226.8 billion) fortune in the 10 years after his death, but now he has also designated successors for them because it’s possible that Buffett’s children could die before giving it all away. He didn’t identify the successors, but said his kids all know them and agree they would be good choices. Warren Buffett with son Peter and daughter Susie. Credit: AP “Father time always wins. But he can be fickle – indeed unfair and even cruel – sometimes ending life at birth or soon thereafter while, at other times, waiting a century or so before paying a visit,” the 94-year-old Buffett said in a letter to his fellow shareholders. “To date, I’ve been very lucky, but, before long, he will get around to me. There is, however, a downside to my good fortune in avoiding his notice. The expected life span of my children has materially diminished since the 2006 pledge. They are now 71, 69 and 66.” Buffett said he still has no interest in creating dynastic wealth in his family — a view shared by his first and current wives. He acknowledged giving Howard, Peter and Susie millions over the years, but he has long said he believes “hugely wealthy parents should leave their children enough so they can do anything but not enough that they can do nothing.” Buffett built Berkshire Hathaway into an investing powerhouse. Credit: Bloomberg The secret to building up such massive wealth over time has been the power of compounding interest and the steady growth of the Berkshire conglomerate Buffett leads through acquisitions and smart investments like buying billions of dollars of Apple shares as iPhone sales continued to drive growth in that company. Buffett never sold any of his Berkshire stock over the years and also resisted the trappings of wealth and never indulged in much — preferring instead to continue living in the same Omaha home he’d bought decades earlier and drive sensible luxury sedans about 20 blocks to work each day. “As a family, we have had everything we needed or simply liked, but we have not sought enjoyment from the fact that others craved what we had,” he said. If Buffett and his first wife had never given away any of their Berkshire shares, the family’s fortune would be worth nearly $US364 billion — easily making him the world’s richest man — but Buffett said he had no regrets about his giving over the years. The family’s giving began in earnest with the distribution of Susan Buffett’s $US3 billion estate after her death in 2004, but really took off when Warren Buffett announced plans in 2006 to make annual gifts to the foundations run by his kids along with the one he and his wife started, as well as the Bill & Melinda Gates Foundation. Warren Buffett’s giving to date has favoured the Gates Foundation with $US55 billion in stock because his friend Bill Gates already had his foundation set up and could handle huge gifts when Buffett started giving away his fortune. But Buffett has said his kids now have enough experience in philanthropy to handle the task and he plans to cut off his Gates Foundation donations after his death. Buffett always makes his main annual gifts to all five foundations every summer, but for several years now he has been giving additional Berkshire shares to his family’s foundations at Thanksgiving. Buffett reiterated Monday his advice to every parent to allow their families to read their will while they are still alive — like he has done — to make sure they have a chance to explain their decisions about how to distribute their belongings and answer their children’s questions. Buffett said he and his longtime investing partner Charlie Munger, who died a year ago, “saw many families driven apart after the posthumous dictates of the will left beneficiaries confused and sometimes angry.” Today, Buffett continues to lead Berkshire Hathaway as chairman and CEO and has no plans to retire although he has handed over most of the day-to-day managing duties for the conglomerates dozens of companies to others. That allows him to focus on his favourite activity of deciding where to invest Berkshire’s billions. One of Buffett’s deputies who oversees all the noninsurance companies now, Greg Abel, is set to take over as CEO after Buffett’s death. The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion. Sign up to get it every weekday morning .Commerce Department to reduce Intel's funding on semiconductors
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Larson Financial Group LLC increased its holdings in CVR Energy, Inc. ( NYSE:CVI – Free Report ) by 640.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,119 shares of the oil and gas company’s stock after purchasing an additional 2,698 shares during the period. Larson Financial Group LLC’s holdings in CVR Energy were worth $72,000 as of its most recent SEC filing. Several other institutional investors have also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. boosted its position in shares of CVR Energy by 14.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 639,138 shares of the oil and gas company’s stock worth $14,719,000 after acquiring an additional 81,590 shares during the last quarter. Intech Investment Management LLC acquired a new stake in CVR Energy during the third quarter worth about $231,000. Advisors Asset Management Inc. raised its holdings in shares of CVR Energy by 37.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 352,075 shares of the oil and gas company’s stock worth $8,108,000 after purchasing an additional 95,371 shares during the period. Quest Partners LLC grew its holdings in shares of CVR Energy by 1,034.9% during the 3rd quarter. Quest Partners LLC now owns 39,550 shares of the oil and gas company’s stock worth $911,000 after purchasing an additional 36,065 shares during the period. Finally, Thrivent Financial for Lutherans lifted its position in CVR Energy by 10.9% during the third quarter. Thrivent Financial for Lutherans now owns 26,841 shares of the oil and gas company’s stock valued at $618,000 after buying an additional 2,639 shares in the last quarter. 98.88% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes CVI has been the subject of several recent research reports. StockNews.com lowered shares of CVR Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, October 30th. Mizuho cut their price objective on CVR Energy from $27.00 to $25.00 and set a “neutral” rating on the stock in a research report on Monday, September 16th. JPMorgan Chase & Co. reduced their price objective on CVR Energy from $26.00 to $23.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 2nd. Tudor, Pickering, Holt & Co. lowered CVR Energy from a “hold” rating to a “sell” rating in a research note on Monday, September 9th. Finally, Scotiabank reduced their price target on CVR Energy from $25.00 to $21.00 and set a “sector underperform” rating on the stock in a research report on Thursday, October 10th. Five analysts have rated the stock with a sell rating and two have issued a hold rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $24.75. CVR Energy Stock Up 0.6 % Shares of NYSE CVI opened at $19.38 on Friday. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.86 and a current ratio of 1.33. CVR Energy, Inc. has a 1 year low of $15.60 and a 1 year high of $38.07. The stock’s 50-day simple moving average is $21.26 and its 200-day simple moving average is $24.38. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of 27.86 and a beta of 1.52. CVR Energy ( NYSE:CVI – Get Free Report ) last released its earnings results on Monday, October 28th. The oil and gas company reported ($0.50) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.41). The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.91 billion. CVR Energy had a net margin of 0.89% and a return on equity of 2.88%. The business’s quarterly revenue was down 27.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.89 earnings per share. As a group, equities analysts anticipate that CVR Energy, Inc. will post -0.12 earnings per share for the current fiscal year. CVR Energy Profile ( Free Report ) CVR Energy, Inc, together with its subsidiaries, engages in the petroleum refining and marketing, and nitrogen fertilizer manufacturing activities in the United States. It operates in two segments, Petroleum and Nitrogen Fertilizer. The Petroleum segment refines and supplies gasoline, crude oil, distillate, diesel fuel, and other refined products. Read More Receive News & Ratings for CVR Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVR Energy and related companies with MarketBeat.com's FREE daily email newsletter .
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