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President of Montenegro extends condolences to President Ilham AliyevNone
Dramatic change would be required to fix California’s homebuying affordability mess. My trusty spreadsheet compared home-price increases with income growth for 10 large California metropolitan areas using housing indexes by ICE, a mortgage-tech firm, and pay stats from the US Bureau of Economic Analysis. First, consider the estimated median house payment for these California metros. In 2018, payments on the typical $509,400 home purchase ran $2,020 monthly with an average 4.3% mortgage rate, assuming a 20% downpayment. That was 22% of a typical house hunter’s $109,100 income, including two earners. Then, contemplate the payment on today’s $759,500 median-priced home. The payment doubled to $4,000 monthly with 6.9% rates. The mortgage now gobbles up 32% of the $148,500 income that risen 36% in six years. So, what would it take to return this payment burden to pre-coronavirus levels? Rates would have to fall to 3.5%. Incomes would need to surge 50%.Or prices would need to drop 33%. Or some combination of the three. This lack of affordability is why one-third fewer California homes will be sold this year than in 2018. How did we get here? Remember that the housing market was upended by several things during the pandemic: a demand for more living space, mortgage rates under 3% and stimulus checks boosting incomes. Now let’s look at how six years of home appreciation through October contrasts with rising per-capita incomes during the six years ending in 2023. In eight of these 10 California metros, home-price gains outpaced incomes. Here’s how they ranked by the gap ... Bakersfield: 63% gains in home values compared with 29% income growth. Inland Empire: 65% home gain vs. 37% income growth. San Diego: 66% home gain vs. 39% income growth. Fresno: 60% home gain vs. 33% income growth. Ventura County: 51% home gain vs. 36% income growth. LA-OC: 50% home gain vs. 39% income growth. Sacramento: 46% home gain vs. 35% income growth. Stockton: 50% home gain vs. 45% income growth. And in two California metros, incomes beat home prices ... San Jose: 34% home gains topped by 54% income growth. San Francisco: 26% home gains topped by 46% income growth. Sliver of hope For homebuyers, a little bit of good news: appreciation is cooling. Price gains in the 12 months ending in October were significantly smaller than the previous five-year appreciation pace in all but one of the 10 metros. San Diego saw the biggest chill, with prices rising 3.2% in the past year – down from annual average gains of 9.9% between 2018 and 2023. That is a 6.7-percentage-point cooldown. San Jose was the lone spot without a dip in appreciation. Its 5.1% year’s gain was a smidgen above the 5% yearly increases of 2018-23. Here’s how the nine other metros fared by ICE math, ranked by appreciation chill ... Inland Empire: 3.5% year’s gain vs. averaging 9.8% annual increases in 2018-23 – 6.3 points cooler. Sacramento: 1.7% year’s gain vs. 7.5% annually in 2018-23 – 5.8 points cooler. Bakersfield: 4.1% year’s gain vs. up 9.4% annually in 2018-23 – 5.3 points cooler. Stockton: 2.9% year’s gain vs. up 7.9% annually in 2018-23 – 5 points cooler. Ventura County: 3.3% year’s gain vs. up 7.9% yearly in 2018-23 – 4.7 points cooler. Fresno: 4.2% year’s gain vs. up 8.9% annually in 2018-23 – 4.7 points cooler. Los Angeles-Orange County: 3.9% year’s gain vs. up 7.7% annually in 2018-23 – 3.7 points cooler. San Francisco: 1.3% year’s gain vs. up 4.4% annually in 2018-23 – 3.1 points cooler. But smaller home price gains are by no means a cure, because “affordability” really means lowering prices. Jonathan Lansner is the business columnist for the Southern California News Group. He can be reached at jlansner@scng.comAshley Swearengin looks on as Gov. Gavin Newsom answers questions from reporters Thursday. Photo by Frank Lopez Gov. Gavin Newsom made a stop in Fresno on Thursday, lauding the region’s economic impact to the state and country, addressing Californian’s environmental and energy concerns and highlighting plans to strengthen the San Joaquin Valley’s economy. Newsom’s held a news conference at the Fresno City College West Fresno Center’s Automotive Technology Center, praising the work of Central Valley organizations and leaders to boost the local economy and create jobs. Local and state leaders joined the Newsom at the event, including Central Valley Community Foundation CEO Ashley Swearengin, Assemblymember Joaquin Arambula and Sen. Anna Caballero. The Sierra San Joaquin Jobs Initiative is a 20-year, $58 billion investment plan for the Central San Joaquin Valley aiming to create 138,000 new jobs in sectors including construction, health care, education, manufacturing, clean energy and food systems. Since 2022, the state has invested $287 million, including $5 million per each of California’s 13 regions; $39 million for pilot projects across the state; and $14 million per region to develop projects that advance their strategic centers. Newsom said he recognizes there is an air of anxiety due to the current political and economic situation, but the initiative is a cause for optimism. “In January, we will be releasing the most comprehensive, nuanced, sectorial strategy and workforce strategy in the state’s history,” Newsom said. Newsom said $120 million in competitive grants will go out for early, ready-to-go projects. Newsom said the state is currently seeing positive trends with the economy, inflation and employment, but people don’t feel that, instead feeling that “the economy is not supportive or nourishing.” Newsom said it’s a point of pride that other states and nations model their own plans after California’s Low Carbon Fuel standards. Newsom said Californians have been “fleeced” by oil companies for decades. He pointed out that two years ago, residents were paying $2.61 cents more per gallon than the national average at a time when the state did not increase taxes, fees or impose any new regulations. He said oil companies took advantage of market conditions. “If you think big oil has your back, you’ve got another thing coming,” Newsom said. He noted concerns employers in the manufacturing sector have about rising energy costs, and said he wants to work with the legislature to move more aggressively to manage costs. In October, Newsom issued an executive order that asks the California Public Utility Commission to evaluate electric ratepayer programs and costs of regulations and make recommendations on additional ways to save consumers money. In early November, the California Air Resources Board passed new special blend mandates for the state’s Low Carbon Fuel Standard, which require that refiners produce — and retail gas stations sell — a new California special blend in 2025. Newsom said that no other Democrat worked more closely with the Trump administration than him, but did call out Trump’s actions against California. “At the same time, he took $1 billion of your high-speed rail money. He tried to take your crime grants. He tried to vandalize most of the progress of the last half century. We know exactly what he intends to do — he’s been very honest about that,” Newsom said. Arambula said that for decades, communities in Southwest Fresno have been neglected when it comes to investment. He said the West Fresno campus will give opportunities to the next generation workforce including professional training and well-paying jobs. “I’m grateful that State Center Community College District has spent the time and energy to develop this campus and give students those opportunities for tomorrow,” Arambula said. Swearengin said that a thriving Sierra San Joaquin region is essential to California’s future. She highlighted that the region produces 25% of the nation’s food supply. Even though the region is situated in 15% of the state’s land mass, it is expected to produce 25% of California’s future renewable energy needs, Swearengin said. She said when the $58 billion plan is implemented over 20 years, the region could expect to see nearly $100 billion in economic impact and support more than 2,000 manufacturers, 6,000 small businesses and childcare for more than 40,000 families. “Gov. Newsom’s commitment to this scale and quality of work I’ve not seen before, and it is welcome in our region. Words on page do not transform, but they do mobilize,” Swearengin said. Gov. Gavin Newsom made a stop in Fresno on Thursday, Fresno City Councilmember Tyler Maxwell and other local leaders announced Seniors Helping Seniors, a Pennsylvania-based company founded in 1998 that California's poultry and dairy industries are being slammed by rampantDamascus: A senior official from Libya's UN-recognised government met Syria's new leader Ahmed al-Sharaa in Damascus on Saturday and discussed issues including diplomatic relations, energy and migration. "We expressed our full support for the Syrian authorities in the success of the important transitional phase," Libyan Minister of State for Communication and Political Affairs Walid Ellafi told reporters after the meeting. "We emphasised the importance of coordination and cooperation... particularly on security and military issues," he said, while they also discussed cooperation "related to energy and trade" and "illegal immigration". Syrians fleeing civil war since 2011 and seeking a better life have often travelled to Libya in search of work or passage across the Mediterranean on flimsy boats towards Europe. Ellafi said they also discussed "the importance of raising diplomatic representation between the two countries". "Today the charge d'affaires attended the meeting with me and we are seeking a permanent ambassador," he added. Power in Libya is divided between the UN-recognised government based in the capital Tripoli and a rival administration in the east, backed by military strongman Khalifa Haftar who also controls the south. Representatives of Haftar's rival administration in March 2020 opened a diplomatic mission in Damascus. Before that, Libya had not had any representation in Damascus since 2012, the year after the fall and killing of longtime dictator Moamer Kadhafi in a NATO-backed uprising. It was not immediately clear whether the charge d'affaires had been appointed since Sharaa's Islamist group Hayat Tahrir al-Sham (HTS) and allied factions toppled president Bashar al-Assad on December 8 after a lightning offensive. Damascus's new authorities have received envoys from across the Middle East and beyond since taking control as countries look to establish contact with Sharaa's administration.
‘Remains to be seen if I’ll be Taoiseach’, Martin says after electionSanctuary Advisors LLC bought a new position in LGI Homes, Inc. ( NASDAQ:LGIH – Free Report ) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 2,818 shares of the financial services provider’s stock, valued at approximately $334,000. Other institutional investors and hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC grew its stake in shares of LGI Homes by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 497,039 shares of the financial services provider’s stock valued at $58,920,000 after acquiring an additional 7,129 shares during the period. Disciplined Growth Investors Inc. MN lifted its holdings in LGI Homes by 3.7% during the third quarter. Disciplined Growth Investors Inc. MN now owns 939,504 shares of the financial services provider’s stock valued at $111,350,000 after purchasing an additional 33,306 shares in the last quarter. Covalent Partners LLC bought a new position in shares of LGI Homes in the third quarter worth approximately $2,655,000. XTX Topco Ltd purchased a new stake in shares of LGI Homes in the third quarter worth $288,000. Finally, Stifel Financial Corp increased its stake in shares of LGI Homes by 5.7% in the third quarter. Stifel Financial Corp now owns 3,883 shares of the financial services provider’s stock worth $460,000 after purchasing an additional 211 shares in the last quarter. 84.89% of the stock is currently owned by hedge funds and other institutional investors. LGI Homes Stock Performance Shares of NASDAQ:LGIH opened at $89.59 on Friday. The stock has a market capitalization of $2.11 billion, a P/E ratio of 10.74 and a beta of 1.99. LGI Homes, Inc. has a 52 week low of $84.00 and a 52 week high of $136.36. The company has a quick ratio of 0.54, a current ratio of 12.72 and a debt-to-equity ratio of 0.77. The firm has a fifty day simple moving average of $103.62 and a two-hundred day simple moving average of $103.97. Analyst Upgrades and Downgrades Several research firms recently issued reports on LGIH. Wedbush reiterated a “neutral” rating and set a $125.00 target price on shares of LGI Homes in a research report on Wednesday, November 6th. JPMorgan Chase & Co. decreased their price target on shares of LGI Homes from $100.00 to $82.00 and set an “underweight” rating on the stock in a research note on Friday, December 13th. Check Out Our Latest Report on LGIH About LGI Homes ( Free Report ) LGI Homes, Inc designs, constructs, and sells homes. It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. The company also engages in the wholesale business, which include building and selling homes to large institutions looking to acquire single-family rental properties. Recommended Stories Five stocks we like better than LGI Homes The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number S&P 500 ETFs: Expense Ratios That Can Boost Your Long-Term Gains What Investors Need to Know to Beat the Market How AI Implementation Could Help MongoDB Roar Back in 2025 Profitably Trade Stocks at 52-Week Highs Hedge Funds Boost Oil Positions: Is a Major Rally on the Horizon? Want to see what other hedge funds are holding LGIH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LGI Homes, Inc. ( NASDAQ:LGIH – Free Report ). Receive News & Ratings for LGI Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LGI Homes and related companies with MarketBeat.com's FREE daily email newsletter .
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Famous last words: thoughts from the big names we lost in 2024, from Maggie Smith to Brian MulroneyFor many across the Middle East, the Israel-Hezbollah ceasefire came as a relief: the first major sign of progress in the region since war began more than a year ago. But for Palestinians in Gaza and families of hostages held in the territory, the news appeared only to inaugurate a newer, grimmer period of the conflict there. For them, it marked yet another missed opportunity to end fighting that has stretched on for nearly 14 months. Palestinians had hoped that any ceasefire deal with Hezbollah would include a truce in Gaza as well. The families of people kidnapped when Hamas-led militants stormed southern Israel in October 2023, meanwhile, wanted part of the agreement to include returning their loved ones. Instead, the ceasefire was confined only to the fighting in Lebanon . “We feel this is a missed opportunity to tie in the hostages in this agreement that was signed today,” said Ruby Chen, whose son, Itay Chen, was taken hostage from an Israeli military base and has been declared dead. As much as they were intertwined, the two wars have been very different. In Lebanon, Israel said its aim was to drive Hezbollah back from the countries’ shared border and end the militant group’s barrages into northern Israel. The ceasefire that took effect Wednesday is intended to do that. In Gaza, Israel’s goals are more sweeping . Prime Minister Benjamin Netanyahu has been resolute in insisting that Hamas must be completely destroyed and Israel must retain lasting control over parts of the territory. Months of talks have failed to get Netanyahu to back down from those demands — or to convince Hamas to release hostages under those terms. For Palestinians in Gaza, that means continuing misery under an Israeli campaign that has demolished much of the territory and driven almost the entire population from their homes. Hundreds of thousands are going hungry while living in squalid tent cities as the second winter of the war brings cold rains and flooding. ”They agree to a ceasefire in one place and not in the other? Have mercy on the children, the elderly and the women,” said Ahlam Abu Shalabi, living in tent in central Gaza. “Now it is winter, and all the people are drowning.” Palestinians feel resigned to continued war The war between Israel and Hamas began on Oct. 7, 2023, when militants attacked Israel from Gaza, killing around 1,200 people and taking some 250 hostage. Israel’s retaliatory offensive has rained devastation on the Palestinian territory, killing over 44,000 people, according to local health officials. The officials, who do not distinguish between civilians and fighters in their count, say over half of the dead are women and children. Hezbollah began firing into Israel a day after Hamas’ attack in solidarity with the Palestinian militant group. The two sides have exchanged near-daily barrages since. Moving thousands of troops to its northern border, Israel ramped up bombardment of southern Lebanon and launched a ground invasion there two months ago, killing many of Hezbollah’s leaders . Palestinians now fear Israel’s military can return its full focus to Gaza — a point that Netanyahu made as he announced the ceasefire in Lebanon on Tuesday. “The pressure will be more on Gaza,” said Mamdouh Younis, a displaced man in a central Gaza tent camp. Netanyahu, he said, can now exploit the fact that “Gaza has become alone, far from all the arenas that were supporting it, especially the Lebanon front.” Israeli troops are already engaged in fierce fighting in Gaza’s north , where a two-month offensive has cut off most aid and caused experts to warn a famine may be underway . Strikes all over the territory regularly kill dozens. In signing onto the ceasefire deal, Hezbollah reversed its long-held position that it wouldn’t stop its barrages across the border unless Israel ends the war in Gaza. “This could have a psychological impact, as it will further entrench the understanding that Palestinians in Gaza are alone in resisting against their occupiers,” said Tariq Kenney Shawa, a U.S. policy fellow at Al-Shabaka, a Palestinian think tank. Hamas may dig its heels in It also leaves Hamas — its capabilities already severely damaged by Israel’s offensive — to fight alone. Hamas official Osama Hamdan appeared to accept Hezbollah’s new position in an interview Monday. “Any announcement of a ceasefire is welcome. Hezbollah has stood by our people and made significant sacrifices,” Hamdan told the Lebanese broadcaster Al-Mayadeen, which is seen as politically allied with Hezbollah. Khalil Sayegh, a Palestinian analyst, said the ceasefire could make Hamas even less popular in Gaza, by proving the failure of its gambit that its attack on Israel would rally other militant groups to the fight. “It’s a moment where we can see the Hamas messaging become weaker and weaker, as they struggle to justify their strategy to the public,” said Sayegh. U.S. Secretary of State Antony Blinken said Tuesday that the Israel-Hezbollah ceasefire could help force Hamas to the negotiating table because it would show the group that the “cavalry is not on the way.” But Hamas experts predicted that it would only dig in both on the battlefield and in talks. Hamas has insisted it will only release all the hostages in return for a full Israeli withdrawal from Gaza. “I expect Hamas will continue using guerrilla warfare to confront Israeli forces in Gaza as long as they remain,” said Shawa. Hostage families lose hope Dozens of Israelis thronged a major highway in Tel Aviv on Tuesday night, protesting for the return of the hostages as the country waited to hear if a ceasefire in Lebanon had been agreed. Around 100 people taken hostage are still held in Gaza, at least a third of whom are believed to be dead. Most of the other hostages seized by Hamas were released during a ceasefire last year. Ricardo Grichener, the uncle of 23-year-old hostage Omer Wenkert, said the ceasefire with Hezbollah showed how the Israeli government was openly disregarding the hostages. Even though Israel has inflicted greater damage on Hamas in Gaza than on Hezbollah in Lebanon, he said “the decision to postpone a deal in Gaza and release the hostages is not based on the same military success criteria.” The most recent effort to wind down the war stalled in October. U.S. President Joe Biden said Tuesday he would begin a renewed push, but his administration is now in its waning days after the reelection of former President Donald Trump. “This ceasefire doesn’t concern our hostages. I believe that Netanyahu forgot about them, and he just wants to keep fighting in Gaza,” said Ifat Kalderon, clutching a photo of her cousin, Ofer Kalderon, who is a hostage and a father to four. “Ofer yesterday had his 54th birthday. His second birthday in Gaza,” she said. “It’s unbelievable that he’s still there.”
The Swans stunned Pride Park into silence with less than two minutes on the clock when Zan Vipotnik sent a bullet past Jacob Widell Zetterstrom before Ronald slotted home his first of the season in the 14th minute. Cyrus Christie brought Tom Barkhuizen down inside the box and Nathaniel Mendez-Laing dispatched the resulting penalty to cut the deficit in half and, despite piling on the pressure, Derby succumbed to a second home defeat of the season. Williams told a press conference: “We started the game very well, we were good up until we scored the second goal then we lost the grip on the game and I thought Derby were the better team. “The next thing for us we have to be able to maintain that level throughout the game and we weren’t able to do that to be quite honest today. “They made it difficult, reacted very well after the second goal and didn’t go under, far from it.” Swansea leapfrogged their opponents into the top half of the table with their sixth win of the season and took three points back to south Wales following two last-minute defeats by Burnley and Leeds heading into the match. Williams added: “We’ve recently conceded late goals but they’re a very resilient group and we saw it out in the end. “We’ve dominated games a lot but probably failed to score when we’ve been that dominant and tonight we managed to score the goals when we were dominant. “We scored the goals at the right time today.” Derby had been unbeaten in their last three matches coming into this one but Paul Warne put defeat down to a poor start. He said: “We conceded two and didn’t get close enough, weren’t aggressive enough, not enough body contact and looked soft, that’s my fault. “Maybe I didn’t message it properly. Sometimes it doesn’t come down to shape and tactics but I thought that was what the difference was. “Credit Swansea for the win but after the 25 mins it looked like we would score. I really enjoyed it, that’s the truth. I had 70 minutes of a team giving everything, I don’t think we’ve had that many attempts in the Championship this season. “It’s a rude awakening, last year we would’ve won that 4-2.”Hutch (61), a surprise contender in the election when he lodged papers earlier this month declaring his candidacy, received 3,098 first preference votes, or 9.5 per cent of the vote in the first count. The vote put him in fourth position in the race in the four-seater constituency behind three sitting TDs – Sinn Féin leader Mary Lou McDonald, Fine Gael Minister for Public Expenditure Paschal Donohoe and Social Democrats TD Gary Gannon – though almost 3,500 votes short of the quota. He remained in fourth position after the fourth count on Saturday night. Observers initially gave Hutch little chance, but he secured a large following in the north inner city, where he comes from, and picked up significant support in other areas. [ Dublin Central election 2024 results: Mary Lou McDonald elected; Gerry Hutch in contention for a seat Opens in new window ] The battle for the final seat is expected to come down to a contest between Hutch and Labour’s Marie Sherlock who remained almost 1,000 votes behind the veteran criminal after the fourth count. Mr Donohoe told reporters at the Dublin Central count centre at the RDS in south Dublin that the majority of people in his constituency didn’t vote for Hutch but other parties would “have to reflect” on why so many did. Paschal Donohoe told waiting media that “the centre has held in Irish politics”, along with stressing that the majority of people in Dublin Central didn’t vote for Gerard Hutch but that other parties “will have to reflect on what are the reasons as to why this happened, why he got the votes that he did”. Mr Gannon said Hutch’s candidacy was unexpected but attributed his popularity to the media attention he received and the hurt felt for a long period by the Dublin inner-city community. [ Election 2024: Five things we learned from the first day of the counts Opens in new window ] “For me, it’s not just about what happens and who takes the fourth seat. I think it’s a reflection of the fact that there’s a lot of hurt; there’s a huge amount of pain,” he said. The Social Democrats TD said that years of austerity had “destroyed the fabric of communities”, including those in Dublin Central. He described the support for Hutch not as a “protest vote” but a “cry for help”. Hutch’s election will depend on how many votes Hutch receives from elimination of Sinn Féin’s Janice Boylan and Independent candidates Clare Daly Malachy Steenson, an anti-immigration activist. Hutch’s electoral challenge is all the more surprising given it comes a year and a half after the end of the Regency Hotel trial during which Hutch was accused of the murder of gangland rival David Byrne. The 2016 attack marked an escalation in the bloody feud between the Hutch and Kinahan gangs which would eventually leave 18 people dead, including Hutch’s brother and two nephews. Hutch was later acquitted of the murder by the Special Criminal Court, which rejected the evidence of former Sinn Féin councillor and Hutch associate Jonathan Dowdall who turned state’s witness. The court concluded he did have control of the three assault rifles used in the murder and that Hutch was planning to give these to dissident republicans. However, Hutch was never charged with this offence.NoneRanking All Of Wicked's Songs Based On Emotional Impact
ISU men come back a better team following an 84-70 loss to storied UCLALAHAINA, Hawaii (AP) — Andrej Jakimovski converted an off-balance layup with 8 seconds left, and Colorado handed No. 2 UConn its second loss in two days at the Maui Invitational, beating the two-time defending national champion 73-72 on Tuesday. A day after a 99-97 overtime loss to Memphis that left Huskies coach Dan Hurley livid about the officiating, UConn (4-2) couldn't shake the unranked Buffaloes (5-1), who shot 62.5% in the second half. With Colorado trailing 72-71 in the closing seconds, Jakimovski drove to his right and absorbed contact from UConn’s Liam McNeeley. He tossed the ball toward the glass and the shot was good as he fell to the floor. Hassan Diarra missed a 3-pointer just ahead of the buzzer for UConn. Elijah Malone and Julian Hammond III scored 16 points each for Colorado, and Jakimovski had 12 points and 10 rebounds. The Huskies led 40-32 at halftime and by nine points early in the second half, but Colorado quickly closed that gap. McNeeley led UConn with 20 points. UConn: Hurley's squad is facing its first adversity in quite a while. The Huskies arrived on Maui with a 17-game winning streak that dated to February. Colorado: The Buffaloes were held to season lows in points (56) and field goal percentage (37%) in a 16-point loss to Michigan State on Monday but shot 51.1% overall and 56.3% (9 of 16) from 3-point range against the Huskies. Hurley called timeout to set up the Huskies' final possession, but the Buffs forced them to take a contested 3. Colorado had a 28-26 rebounding advantage after being out-rebounded 42-29 by Michigan State. Colorado will play the Iowa-Dayton winner in the fifth-place game on Wednesday. UConn will play the loser of that matchup in the seventh-place game. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball .
NoneLAFAYETTE, La. (AP) — Michael Gray Jr. had 19 points and Byron Ireland made two free throws with 6 seconds left to rally Nicholls to a 76-75 victory over Louisiana on Saturday night. Gray shot 6 for 11, including 5 for 10 from beyond the arc for the Colonels (4-4). Jamal West added 15 points and nine rebounds. Jaylen Searles hit three 3-pointers and scored 15. Ireland also finished with 15 points. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a week
Majority of social media influencers don't verify information before sharing it, study findschange "We continue monitoring and evaluating operations and market trends proactively in order to optimize our business and enhance profitability. We have recently completed the disposal of our mainland China Enterprise Solutions business and demand side Marketing Solutions business. The results of these businesses are presented under discontinued operations." First Half Year of 2024 Results on Continuing Operations: Revenue for the first half of 2024 was US$14.2 million , compared with US$17.0 million for the first half of 2023. Revenue from Marketing Solutions declined to US$9.3 million for the first half of 2024, compared with US$12.7 million for the first half of 2023. It was resulted from our strategic contraction of lower margin and higher risk businesses, with weaker demand from clients on advertising spending due to uncertainty in the macro-economic environment. Revenue from Enterprise Solutions was US$4.9 million for the first half of 2024, improved from US$4.3 million in the first half of 2023 due to the increasing demand for digital transformation and services. Gross profit for the first half of 2024 was US$8.1 million , compared with US$9.3 million for the first half of 2023. With the effort of reducing lower margin and higher risk businesses, and a rising revenue contribution from the higher-margin Enterprise Solutions business, gross profit margin increased to 56.9% for the first half of 2024 from 54.6% for the first half of 2023. Total operating expenses were US$12.4 million for the first half of 2024, decreased from US$14.1 million for the first half of 2023. The change was primarily due to our cost optimization execution, which resulted in reduction of staff cost and savings on promotional expenses. The expected credit losses provision of trade receivables was also reduced because of our close monitoring of cash collection. Net loss from continuing operations was US$1 .3 million for the first half of 2024, significantly improved from the net loss of US$10.3 million for the first half of 2023, mainly due to no impairment of equity investments in the first half of 2024, which we recorded US$5.6 million in the first half of 2023. Operating loss was reduced by US$0.6 million . Net loss from continuing operations attributable to the Company's shareholders per basic and diluted ADS for the first half of 2024 was US$0.12, compared with a net loss attributable to the Company's shareholders per basic and diluted ADS of US$1.01 for the first half of 2023. Gross billing 1 from continuing operations was US$23.1 million for the first half of 2024, compared with US$30.0 million for the first half of 2023, mainly as a result of our continued strategy of reducing lower margin and higher risk businesses, as well as clients' reduced advertising spending. Net loss from discontinued operations was US$5 .1 million for the first half of 2024, compared with the net loss of US$18.3 million for the first half of 2023, mainly due to cost optimization, and gain on disposal of discontinued operations amounting to US$2 .6 million in the first half of 2024. As of June 30, 2024 , the continuing operations of the Company had cash and cash equivalents, time deposits and restricted cash of US$70.2 million , compared with US$41.3 million as of December 31, 2023 . About iClick Interactive Asia Group Limited Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a renowned online marketing and enterprise solutions provider in Asia . With its leading proprietary technologies, iClick's full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. For more information, please visit https://ir.i-click.com . Safe Harbor Statement This announcement contains forward-looking statements, including those related to the Company's business strategies, operations and financial performance. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve inherent risks and uncertainties. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. For investor and media inquiries, please contact: (financial tables follow) June 30, Limited's ordinary shareholders Limited's ordinary shareholders shareholders interests Interactive Asia Group Limited's ordinary shareholders -controlling interests Interactive Asia Group Limited's ordinary shareholders ordinary shareholders Asia Group Limited's ordinary shareholders Asia Group Limited's ordinary shareholders ordinary shareholders June 30, 2024 December 31, 2023 US$1,571 as of June 30, 2024 and December 31, 2023 respectively as of June 30, 2024 and December 31, 2023, respectively; 38,752,446 shares and 44,477,356 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively) of June 30, 2024 and December 31, 2023, respectively; 5,034,427 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively) and December 31, 2023, respectively)Salesforce Inc. stock underperforms Wednesday when compared to competitors
