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StockNews.com lowered shares of Global Payments ( NYSE:GPN – Free Report ) from a buy rating to a hold rating in a research note issued to investors on Wednesday morning. Several other research firms also recently weighed in on GPN. JPMorgan Chase & Co. decreased their price target on shares of Global Payments from $118.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 29th. TD Cowen decreased their price target on shares of Global Payments from $125.00 to $122.00 and set a “buy” rating for the company in a research note on Wednesday, September 25th. Morgan Stanley dropped their price objective on Global Payments from $164.00 to $156.00 and set an “overweight” rating on the stock in a report on Wednesday, September 25th. Susquehanna reissued a “positive” rating and issued a $147.00 price objective on shares of Global Payments in a research note on Tuesday, September 17th. Finally, Monness Crespi & Hardt lowered their target price on shares of Global Payments from $165.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, September 25th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $136.57. Read Our Latest Report on Global Payments Global Payments Stock Up 0.6 % Global Payments Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Friday, December 13th. Global Payments’s dividend payout ratio is currently 18.83%. Institutional Trading of Global Payments Institutional investors and hedge funds have recently added to or reduced their stakes in the company. New Covenant Trust Company N.A. purchased a new position in Global Payments in the first quarter valued at about $31,000. LRI Investments LLC bought a new position in shares of Global Payments in the 1st quarter worth about $32,000. Cromwell Holdings LLC acquired a new stake in shares of Global Payments in the third quarter valued at approximately $25,000. Capital Performance Advisors LLP bought a new stake in Global Payments during the third quarter worth approximately $33,000. Finally, POM Investment Strategies LLC acquired a new stake in shares of Global Payments during the 2nd quarter valued at $32,000. Hedge funds and other institutional investors own 89.76% of the company’s stock. Global Payments Company Profile ( Get Free Report ) Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services. See Also Receive News & Ratings for Global Payments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Payments and related companies with MarketBeat.com's FREE daily email newsletter .The Government has released its Māori Education Action Plan which sets out its approach to deliver better outcomes in the classroom for Māori students. The plan includes commitments to develop resources to support te reo Māori teaching , implement structured literacy and numeracy, and explore options for increasing the availability of te reo Māori education for teachers. Education Minister Erica Stanford said while many Māori achieved excellent results, on average Māori experienced worse outcomes. "Just 12 percent of Māori in English medium settings are at the curriculum benchmark in maths by the time they reach Year 8. In Term 2, only 39 percent of students in English medium settings attended school regularly," she said. "This needs to change and our government is committed to driving this change." The plan outlined early actions to support the achievement of Māori students in English medium schools, strengthen Māori medium education, and a commitment to working with leaders and representative groups of kaupapa Māori education. Stanford said the next phase of work would provide teachers with resources and professional development they needed to bring the curriculum to life in their classrooms. It would also focus on teacher training to support the workforce of the future. "We also want to continue supporting the important role whānau play in a child's learning. The Ministry of Education will explore options with the Social Investment Agency on alternative education and partner with iwi to strengthen whānau engagement. "This is just the start. I will draw on the advice and guidance of my Māori Education Ministerial Advisory Group as we develop and augment this plan. I will also continue to engage with te matakahuki and Māori education leaders so we can all ensure our tamariki benefit from a world leading education." Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
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Rival union official says Atlantic City casino union boss should resign for opposing a smoking banTexas A&M signed the nation’s top-ranked recruiting class three years ago believing it had built a potential national title contender. Plenty of players from that heralded 2022 class could indeed be participating in the first 12-team College Football Playoff this month. They just won’t be doing it for the Aggies, who no longer have nearly half their 2022 signees. The list of 2022 recruits now with playoff contenders elsewhere includes Mississippi defensive lineman Walter Nolen, Oregon wide receiver Evan Stewart, Alabama defensive lineman LT Overton, SMU offensive tackle PJ Williams and injured Boise State receiver Chris Marshall. Texas A&M has done all right without them, going 8-4 as transfers filled about half the starting roles. Texas A&M represents perhaps the clearest example of how recruiting and roster construction have changed in the era of loosened transfer restrictions. Coaches must assemble high school classes without always knowing which of their own players are transferring and what players from other schools could be available through the portal. People are also reading... “It used to be you lost 20 seniors, you signed 20 incoming freshmen,” Duke coach Manny Diaz said. “You just had your numbers right. Now you might lose 20 seniors, but you might lose 20 underclassmen. You just don’t know.” Is high school recruiting losing value? Coaches emphasize that high school recruiting remains critical, but recent results suggest it isn’t as vital as before. The last two College Football Playoff runners-up – TCU in 2022 and Washington in 2023 – didn’t sign a single top-15 class in any of the four years leading up their postseason runs, according to composite rankings of recruiting sites compiled by 247Sports. This year’s contenders have shown there’s more than one way to build a championship-caliber roster. About half of No. 1 Oregon’s usual starters began their college careers elsewhere. No. 5 Georgia, which annually signs one of the nation’s top high school classes, has only a few transfers making major contributions. Colorado’s rise under Deion Sanders exemplifies how a team can win without elite high school recruiting. None of Colorado’s last four classes have ranked higher than 30th in the 247Sports Composite. Three ranked 47th or lower. “If anybody ever did the homework and the statistics of these young men – people have a class that they say is the No. 1 class in the nation – then five of those guys play, or four of those guys play, then the rest go through the spring and then they jump in the portal,” Sanders said. “Don’t give me the number of where you rank (in recruiting standings), because it’s like an NFL team," he added. "You always say who won the draft, then the team gets killed all year (and) you don’t say nothing else about it. Who won the draft last year in the NFL? Nobody cares right now, right?” Wisconsin's Christian Alliegro tries to stop Oregon's Evan Stewart, right, during the first half of a Nov. 16 game in Madison, Wis. The busy transfer portal Star quarterback Shedeur Sanders followed his father from Jackson State to Colorado in 2023, and Heisman Trophy front-runner Travis Hunter accompanied them. According to Colorado, this year’s Buffaloes team has 50 transfer newcomers, trailing only North Texas’ 54 among Bowl Subdivision programs. Relying on transfers comes with caveats. Consider Florida State's rise and fall. Florida State posted an unbeaten regular-season record last year with transfers playing leading roles. When those transfers departed and Florida State's portal additions this year didn't work out, the Seminoles went 2-10. “There has to be some type of balance between the transfer portal and high school recruiting,” said Andrew Ivins, the director of scouting for 247Sports. “I compare it to the NFL. The players from the transfer portal are your free agents and high school recruiting is your NFL draft picks.” A look at the composite rankings of recruiting sites compiled by 247Sports for the 2020-22 classes shows at least 40 of the top 100 prospects each of those years ended up leaving their original school. Coaches must decide which positions they’re better off building with high school prospects and which spots might be easier to fill through the portal. “The ones that have a ton of learning to do - tight end, quarterback, interior offensive line, inside linebacker, safety, where they are the communicators - they are the guys that are processing a lot of information,” Florida’s Billy Napier said. “Those are the ones in a perfect world you have around for a while. “It’s easier to play defensive line, edge, corner, receiver, running back, tackle, specialists. Those are a little bit more plug-and-play I’d say, in my opinion," Napier said. "Either way, it’s not necessarily about that. It’s just about we need a certain number at each spot, and we do the best we can to fill those roles.” Colorado head coach Deion Sanders, right, congratulates place kicker Cristiano Palazzo after he kicked an extra point during the second half of Friday's game against Oklahoma Stat in Boulder, Colo. Transfer portal ripple effects Power Four programs aren’t the only ones facing a balancing act between recruiting high schools and mining the transfer portal. Group of Five schools encounter similar challenges. “We’re recruiting every position and bringing in a high school class,” Eastern Michigan coach Chris Creighton said. “That’s not going to be maybe 24 scholarship guys like it used to be. It might be more like 16. It’s not four d-linemen necessarily, right? It might be three. It might not be three receivers. It might be two. And it might not be five offensive linemen. It’s two to three.” The extra hurdle Group of Five schools face is the possibility their top performers might leave for a power-conference program with more lucrative name, image and likeness financial opportunities. They sometimes don’t know which players they’ll lose. “We know who they’re trying to steal,” Miami (Ohio) coach Chuck Martin quipped. “We just don’t know who they’re going to steal.” The obstacles facing coaches are only getting steeper as FBS teams prepare for a 105-man roster limit as part of the fallout from a pending $2.8 billion NCAA antitrust settlement. While having 105 players on scholarship seems like an upgrade from the current 85-man scholarship limit, many rosters have about 125 players once walk-ons are included. Nebraska coach Matt Rhule said last week his program would probably end up with about 30-50 players in the portal due to the new roster restrictions. Is there college free agency? All the added dimensions to roster construction in the college game have drawn parallels to the NFL, but Minnesota coach P.J. Fleck believes those comparisons are misleading. “When people talk about college football right now, they’re saying, ‘Oh, we have an NFL model,’ or it’s kind of moving toward the NFL,” Fleck said. “First of all, it’s nothing like the NFL. There’s a collective bargaining agreement (in the NFL). There’s a true salary cap for everybody. It’s designed for all 32 fan bases to win the Super Bowl maybe once every 32 years – and I know other people are winning that a lot more than others – but that’s how it’s designed. In college football, it’s not that way.” There does seem to be a bit more competitive balance than before. The emergence of TCU and Washington the last couple of postseasons indicates this new era of college football has produced more unpredictability. Yet it’s also created many more challenges as coaches try to figure out how to put together their rosters. “It’s difficult because we’re just kind of inventing it on the fly, right?” Diaz said. Sports Week in Photos: NBA Cup, NFL snow game and more Buffalo Bills quarterback Josh Allen, foreground right, dives toward the end zone to score past San Francisco 49ers defensive end Robert Beal Jr. (51) and linebacker Dee Winters during the second half of an NFL football game in Orchard Park, N.Y., Sunday, Dec. 1, 2024. (AP Photo/Adrian Kraus) Houston Rockets guard Jalen Green goes up for a dunk during the second half of an Emirates NBA cup basketball game against the Minnesota Timberwolves, Tuesday, Nov. 26, 2024, in Minneapolis. (AP Photo/Abbie Parr) South Carolina guard Maddy McDaniel (1) drives to the basket against UCLA forward Janiah Barker (0) and center Lauren Betts (51) during the first half of an NCAA college basketball game, Sunday, Nov. 24, 2024, in Los Angeles. 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Bukaty) Brazil's Amanda Gutierres, second right, is congratulated by teammate Yasmin, right, after scoring her team's first goal during a soccer international between Brazil and Australia in Brisbane, Australia, Thursday, Nov. 28, 2024. (AP Photo/Pat Hoelscher) Luiz Henrique of Brazil's Botafogo, right. is fouled by goalkeeper Everson of Brazil's Atletico Mineiro inside the penalty area during a Copa Libertadores final soccer match at Monumental stadium in Buenos Aires, Argentina, Saturday, Nov. 30, 2024. (AP Photo/Natacha Pisarenko) England's Alessia Russo, left, and United States' Naomi Girma challenge for the ball during the International friendly women soccer match between England and United States at Wembley stadium in London, Saturday, Nov. 30, 2024. (AP Photo/Kirsty Wigglesworth) Los Angeles Kings left wing Warren Foegele, left, trips San Jose Sharks center Macklin Celebrini, center, during the third period of an NHL hockey game Monday, Nov. 25, 2024, in San Jose, Calif. 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(AP Photo/Abbie Parr) Melanie Meillard, center, of Switzerland, competes during the second run in a women's World Cup slalom skiing race, Sunday, Dec. 1, 2024, in Killington, Vt. (AP Photo/Robert F. Bukaty) Be the first to know Get local news delivered to your inbox!Native American Media Alliance Announces Participants for 6th Annual Animation Lab – Film News in Brief