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If you are on the lookout for new additions to your portfolio, then it could be worth checking out the ASX dividend stocks in this article. That's because not only have they been named as buys, but they are tipped to provide investors with of approximately 6%. Here's what analysts are saying about these top shares this month: ( ) The first ASX dividend stock to buy according to analysts right now is Accent. It is a leading Australian leisure footwear retailer with over 800 stores, 34 brands, and over 35 online platforms. Bell Potter is positive on the company, highlighting that it "commands a dominant ~30% market share in the $3b Australian footwear retailing market, in addition to a broader opportunity given the expansion into the athleisure market via its own brands." Another positive is the "strategic investment by Frasers Group (FRAS) in AX1 (~15%) and the recent board appointment." It feels that this is "a step forward to unlocking the sizable store roll-out opportunity of FRAS's core Sports Direct banner in Australia." For now, the broker is forecasting fully franked dividends per share of 13.7 cents in FY 2025 and then 15.6 cents in FY 2026. Based on its current share price of $2.37, this would mean dividend yields of 5.8% and 6.6%, respectively. Bell Potter currently has a buy rating and $2.75 price target on Accent's shares. ( ) Another ASX dividend stock that could be a top option for income investors this month is Inghams. It is the largest integrated poultry producer across Australia and New Zealand. Analysts at Morgans recently stated that they were "happy to buy" Ingham's shares despite the company posting a softer than expected full year result in FY 2024. The broker appears to believe the market has oversold its shares in 2024, leaving them trading at a very attractive level. This weakness also means that there's potentially some very generous dividend yields on the way for investors in the near term. For example, Morgans is forecasting fully franked dividends of 19 cents per share in both FY 2025 and FY 2026. Based on its current share price of $3.15, this implies dividend yields of 6% for both years. Morgans also sees double-digit upside for investors buying at current levels. The broker has an add rating on Inghams shares with a price target of $3.66.
The ice sheet at TRIA Rink was slightly more crowded than in recent weeks on Thursday morning as the Minnesota Wild held their pregame skate in preparation for the Oilers first visit of the season. The two extra bodies on the ice represented some good news for a team that has made winning, despite significant injuries, its competing storylines this season. ADVERTISEMENT Specifically, veteran defenseman Jonas Brodin and top-line forward Mats Zuccarello were in full uniform, skating with their teammates for the first time in a long time. And while neither was expected back in the lineup just yet, having numbers 25 and 36 on the rink was a notably positive sight. “Really good just in the sense that they were able to skate, so we’ll do some extra work after practice and then probably skate again tomorrow and then we’ll see,” Wild coach John Hynes said. “I don’t have a timeline on them yet other than they’ve progressed well to get in the team setting. So, now we’ll see what they do. They’ll need some contact and some extra work and see how they respond.” Brodin has missed nine games this season, including the previous seven in a row, while dealing with an upper body injury. Zuccarello last played in a home win over Montreal on Nov. 14, when he was hit below the belt by a teammate’s shot and suffered a lower body injury that required surgery. Having both players back on the ice was a meaningful step for their teammates, as the Wild have persevered and gotten to the top of the Western Conference standings despite those losses, and the ongoing absence of center Joel Eriksson Ek. Brodin especially is a key player on the team’s blue line. ADVERTISEMENT “It’s exciting for everyone. He’s an important part of our team and such a factor every time he’s on the ice,” defenseman Declan Chisholm said. “He’s missed for sure and we’re excited to get him back soon.” Hynes added that during a player’s recovery from an injury, after they have begun working out and skating on their own, that first time stepping back onto the practice rink with teammates in full uniform can be a notable psychological boost. “It’s important because usually you go through that stage of the off-ice treatments and then recovery, weight room, skate on your own, and they’ve been skating together for a couple days,” the coach said. “But to get in the team setting where you’re with other guys on the ice, you’re back with the team, there’s a lot more going on, and you’re reading and reacting in certain situations, it’s a good step to get back in the team setting.” Eriksson Ek has not yet begun skating on his own as he recovers from a lower body injury suffered in overtime of a win versus Vancouver last week. ADVERTISEMENT Hockey fans in the holiday spirit of helping those in need will have two opportunities to contribute to toy drives organized by the Wild in advance of Christmas. Prior to the Saturday, Dec. 14 game versus Philadelphia and the Friday, Dec. 20 game versus Utah, fans coming to Xcel Energy Center may bring new, unwrapped toys, games and cash which will be collected at the arena’s entrances. Personnel from the Salvation Army will distribute the donated items to needy families in the Twin Cities. ______________________________________________________ This story was written by one of our partner news agencies. Forum Communications Company uses content from agencies such as Reuters, Kaiser Health News, Tribune News Service and others to provide a wider range of news to our readers. Learn more about the news services FCC uses here .
Drake Maye returns after a hit to the head, but same problems persist in Patriots' loss to ChargersFatimatu Abubakar In a significant step towards ensuring a seamless transition of power, Ghana’s Transition Team held its 3rd meeting on December 27, 2024, at the Accra International Conference Centre. The meeting marked a crucial milestone in the team’s efforts to facilitate a smooth handover of power, as the country prepares for a new administration. According to a press release issued by the Transition Team, all sub-committees, except for the Social Sector, presented their reports during the meeting. The reports were deemed satisfactory, with a few requests made for additional information on specific issues. The Co-Chairs of the Transition Team directed both parties to continue engaging and submitting further information as necessary. This development is a testament to the Transition Team’s commitment to a smooth transition process, which is critical for maintaining stability and continuity in the country. The team’s efforts are guided by the principles of transparency, accountability, and cooperation. Ghana’s transition process is not without its challenges, however. The country has experienced its fair share of political tensions and uncertainties in the past. Nevertheless, the Transition Team’s progress is a reassuring sign that the country is on track for a peaceful and orderly transfer of power. The Transition Team’s work is also informed by international best practices in transition management. -BY Daniel Bampoe
Add the Dodgers to the list of teams with confirmed in-person meetings with highly sought-after international free agent Roki Sasaki. The meeting is not a surprise – the Dodgers are considered the favorite to sign the 23-year-old Japanese right-hander. When Sasaki was officially posted by his Nippon Professional Baseball team, the Chiba Lotte Marines, on Dec. 11, Dodgers president of baseball operations Andrew Friedman called it a “major priority” for the Dodgers to sign him. The Dodgers are the sixth team known to have had meetings with Sasaki and his agent, Joel Wolfe. Texas Rangers president of baseball operations Chris Young confirmed in mid-December that his team had met with Sasaki. There have also been reports of meetings between Sasaki and the New York Yankees, New York Mets, Chicago Cubs and San Francisco Giants. At the Winter Meetings earlier this month, Wolfe said he has been contacted by more than 20 teams interested in signing Sasaki. Sasaki is expected to shrink the number of teams he is considering and hold a second round of meetings with those teams in 2025. Sasaki’s posting window closes Jan. 24. He cannot sign before Jan. 15, when the 2025 international signing period begins. “The best I can say is he has paid attention to how the teams have done as far as overall success, both this year and in years past,” Wolfe said at the Winter Meetings. “He does watch a lot of Major League Baseball. He’s paid attention to what his (World Baseball Classic) teammates have done. He’s talked to a lot of players, foreign players that have been on his team with Chiba Lotte. He asked a lot of questions about weather, about comfortability, about pitching development and just watching what other Japanese players in the major leagues are doing and how they are doing.” Unlike Yoshinobu Yamamoto (also a Wolfe client) who signed a record 12-year, $325 million contract with the Dodgers last winter, Sasaki is not able to auction his talents to the highest bidder. Because he is younger than 25, he is considered the same as an international amateur and can only be signed for an amount in a team’s international bonus pool, which ranges from $5 million to $7 million. The same rule applied to Shohei Ohtani when he signed with the Angels in 2017. The 23-year-old Sasaki is considered one of the best pitchers in the world. He became the youngest pitcher to throw a perfect game in NPB in 2022 and tied Ohtani for the fastest pitch recorded in NPB history (102.5 mph). In four NPB seasons, he was 29-15 with a 2.10 ERA and 11.5 strikeouts per nine innings. Last season, he had some injury issues but went 10-5 with a 2.35 ERA in 18 starts. Jeff Fletcher contributed to this story.Prince Karim Aga Khan, the 49th Imam of the Ismaili Muslim community, marks his 88th birthday on December 13, celebrated by millions around the world. His leadership over the decades has been defined by service, humanitarian development, and cultural preservation, leaving an enduring legacy. Born on December 13, 1936, in Geneva, Switzerland, Prince Karim Aga Khan was raised in a culturally and spiritually enriched environment. He attended prestigious European schools, where he excelled academically and became known for his sportsmanship in skiing and horseback riding, gaining international recognition in sports circles. After completing his secondary education, he pursued higher studies at Harvard University, majoring in Islamic History and Eastern Civilizations. His academic pursuits laid a strong foundation for his future role as a global leader dedicated to humanitarian and development work. In 1957, at the age of 20, Prince Karim Aga Khan succeeded his grandfather, Imam Sultan Muhammad Shah (Aga Khan III), as the Imam of the Ismaili Muslim community. His grandfather’s will emphasized his intellectual merit, vision, and leadership potential. Imam Sultan Muhammad Shah himself was a visionary leader known for advancing education, healthcare, and international diplomacy. He founded Aligarh Muslim University in India and championed efforts to promote global cooperation and dialogue. Recognizing the need for community development, Prince Karim Aga Khan established the Aga Khan Development Network (AKDN), now one of the world’s largest private development organizations. AKDN’s efforts span healthcare, education, economic development, and cultural preservation in over 30 countries. Institutions like Aga Khan University, the Institute of Ismaili Studies, and several academic centers were founded under his leadership. These institutions continue to advance research, education, and community development. His commitment to fostering global dialogue and cultural understanding is reflected in the creation of iconic Ismaili Centers in cities such as London, Toronto, and Lisbon. These centers promote cultural exchange and social development. December 13 is celebrated by over 15 million Ismaili Muslims worldwide. The day is marked by prayers, cultural events, and charitable initiatives that reflect Prince Karim Aga Khan’s mission of community service and human development. In Afghanistan, home to a significant Ismaili population, celebrations include communal prayers, charity distributions, and cultural performances. Events held in mosques and cultural centers promote unity, social harmony, and collective well-being. Prince Karim Aga Khan has received more than 70 international honors, including the Grand Cross of Portugal, honorary degrees from leading universities, and invitations to address forums such as Canada’s Parliament and the United Nations. His work in cultural preservation includes landmark restoration projects such as Al-Azhar Park in Cairo, Baltit Fort in Pakistan, and sustainable housing developments in Central Asia. These efforts ensure that cultural heritage is preserved for future generations. The Ismaili Imams trace their lineage back to Imam Ali ibn Abi Talib, the first Shia Imam and son-in-law of Prophet Muhammad (PBUH). This historical heritage carries spiritual and social responsibility, a legacy that Prince Karim Aga Khan has embraced through visionary leadership. As the world celebrates his 88th birthday, Prince Karim Aga Khan’s lifelong dedication to humanitarian service, education, and cultural preservation continues to inspire global progress, peace, and shared prosperity. Save my name, email, and website in this browser for the next time I comment. Δ
NEW YORK , Dec. 11, 2024 /PRNewswire/ -- Translating text from images is essential for tasks like reading signs, menus, social media posts, or product reviews. However, not all AI image translators provide the same accuracy or language support. It's important to choose one that reliably recognizes and translates text in multiple languages, says Tenorshare. So what would be your most suitable option and the best image translator ? Let's explore it and find out how it works. Top Reasons to Choose the Best Image Translator for PC There are many reasons you might want the best image translator for free for PC, But here are the most common ones: It comes with advanced technology to identify and translate text into images. It offers precision for accurate recognition and translation to access global content, including signs, menus, and research papers. It quickly translates images, PDFs, and scanned files to simplify teamwork with international groups. It enables you to practice language skills and explore cultural content. Best AI Image Translator Online Free for PC [GPT-4o Powered] The Tenorshare PDnob Image Translator is the best photo translator app, better than most best image translator online tools that extract text from images easily. Here are this tool's key features: Capture and Translate in Real-Time - It can take screenshots and translate text directly from them in real-time. Edit Text Directly on Your Image - No need to edit separately. You can edit directly on images. Best Adobe Alternative - It's a great alternative to Adobe's image-to-text converter tools. This tool can convert unselectable PDF text into editable formats. AI Assistant GPT-4o Powered - Offers a GPT-4o powered AI assistant with OCR intelligence to recognize images and then extract text from them with precision. Support Most OCR - Handle multiple OCR images simultaneously, translating PNG, JPG, JPEG, and TIFF images to TXT, DOC, and DOCX. Supported Languages - Works with languages like English, Spanish, Chinese, Korean, Japanese, and more. Handwriting Conversion - The best image translator to translate handwritten notes into typed text. Cross-Platform - Compatible with Windows (10-11) and macOS (10.15+). How to Use the Best AI Image Translator Easily? Here's how to use the best image translator for PC easily: Step 1: Download the free AI Image translator from Tenorshare official website on your computer. Then, press "Ctrl+I" to choose "Import Images." Hold "Ctrl" to select multiple images at once. Step 2: Choose an image to process. The OCR results will appear on right. Pick a target language for translation if needed. About Tenorshare Tenorshare is a trusted software company with years of expertise and millions of satisfied users worldwide. Specializing in innovative tools like the Image Translator, featuring advanced OCR technology and powered by GPT-4o, it offers reliable solutions for translating text from images and PDFs, translating global content without a hitch, and enhancing productivity and efficiency. YouTube: https://www.youtube.com/@TenorshareOfficial/videos Facebook: https://www.facebook.com/TenorshareOfficial/ This release was issued through Send2Press® on behalf of the news source. For more information, visit Send2Press Newswire at https://www.send2press.com/ . SOURCE Tenorshare Co. Ltd.
Haiti gang attack on journalists covering a hospital reopening leaves 2 dead, several woundedCallander’s Bill Barber rink is open to skaters but use at your risk. So cautioned the municipality as warm weather is expected to roll into the region this week. You can still use the rink, just be mindful of the quality of ice. Municipal staff noted, “Given the warmer weather expected in the coming days, it will not be possible to flood the ice.” Therefore, expect all the grooves and chips to remain, and for the ice surface to diminish over the next few days. If condition worsen, the town will close the rink. Safety first. However, the lights will stay on from 4 p.m. to 10:30 p.m., so you can still get your evening skate on. Last year, the rink didn’t open at all during the Christmas break due to the warm weather. Skaters had to wait until January 10th to hit the ice. See: Callander’s Bill Barber rink set to open next week Keep an eye on the municipality’s website and social media page for updates. The Bill Barber rink is located behind Callander’s Community Centre on 1984 Swale Street. David Briggs is a Local Journalism Initiative reporter who works out of BayToday, a publication of Village Media. The Local Journalism Initiative is funded by the Government of Canada.
TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Mink Ventures Corporation MINK (" MINK " or the " Company ") today announced that the Board of Directors has approved the grant of an aggregate number of 500,000 incentive stock options to its officers and directors. The exercise price of the stock options granted is $0.10 per common share. Subject to the rules of the TSX Venture Exchange and the Company's Stock Option Plan, the options have a term of ten years and will expire on November 22, 2034. About Mink Ventures Corporation: Mink Ventures Corporation MINK is a Canadian mineral exploration company exploring for critical minerals in Ontario, Canada. It has a highly prospective, nickel copper cobalt exploration portfolio, with its Montcalm project, which now covers ~100 km 2 adjacent to Glencore's former Montcalm Mine with historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2010), as well as its expanded Warren Project. These complementary nickel copper cobalt projects have excellent access and infrastructure and are in close proximity to the Timmins Mining Camp. The Company has 22,456,488 common shares outstanding. For further information about Mink Ventures Corporation please contact: Natasha Dixon, President & CEO, T: 250-882-5620 E: ndixon@minkventures.com or Kevin Filo, Director, T: 705-266-6818 or visit www.sedar.com . Forward Looking Statements This press release includes certain "forward-looking information", including, but not limited to, statements with respect to the prospectivity of the Company's projects. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of MINK to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of exploration work; inability to raise the money necessary to incur the expenditures required to retain and advance the Montcalm Project; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; accidents, labour disputes and other risks of the mining industry; political instability, or delays in obtaining governmental and stock exchange approvals. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to MINK's filings with Canadian securities regulators available on SEDAR. These forward-looking statements are made as of the date hereof and MINK disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or ac curacy of this release. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.A boil water advisory in eastern Pittsylvania County was lifted Sunday afternoon. It was put in place following a water line break Thursday evening near U.S. 58 in Pittsylvania County. Following two samples taken 24 hours apart, the water was found to be safe to drink. The break happened near the intersection of Westover Drive and U.S. 58, just east of the end of Lemon Lane, according to the county. The advisory was put in place as a precaution. The advisory included Plantation Drive, Martin Drive, Whispering Pines Road, Inman Road, Hyler Circle, Rockwood Drive, Willow Briar Lane, Grays Park Road, Horseshoe Road, Gemstone Lane, Windsor Place, Windsor Trail, Windsor Court, Brosville Industrial Park, Mangrums Road, Deercrest Lane, Breezewood Drive, Pine Lake Road, Berry Hill Road, Foxwood Place, Pineview Road, Blue Ridge View Drive, Ridgeway Drive, Westridge Drive, Beckham Court, Beckham Lane, Rivertree Drive, Bowe Street, Pin Oak Lane, Meadowview Drive, Meadowbrook Circle, Martinsville Highway and West Carter Drive. Stay up-to-date on the latest in local and national government and political topics with our newsletter.
A "major incident" has been declared following the brutal winds and weather brought on by Storm Bert . The UK was hit with 70mph winds as the storm claimed at least three lives across the country. Rhondda Cynon Taf County Borough Council, South Wales Fire and Rescue, Natural Resources Wales (NRW) and South Wales Police have declared a major incident for the borough. It comes after the body of dog walker Brian Perry , 75, was found after he went missing in the River Conwy on Saturday, North Wales Police confirmed. Between 200 and 300 properties in the area have been affected by flooding while the council confirmed "significant" flooding had taken place, with the "impact looking to be more significant than the severe impact experienced during Storm Dennis." Political leaders have since called it an "absolutely devastating" weekend, with Welsh First Minister Eluned Morgan saying it had been a "really difficult weekend" for those affected. Baroness Morgan said: “I think this is the second time that many of those have suffered as a result of the storm. There’s been huge investments since the last storm hit, so we’ve managed to protect lots more properties than last time. “But obviously this is absolutely devastating just before Christmas for those people who have been impacted." A Welsh Government spokesperson said it will be “vital that people continue to take extra care over the coming days and follow official advice”. Prime Minister Keir Starmer has also confirmed he spoke to Baroness Morgan about the flooding in Wales and was receiving updates on Storm Bert as it develops across the UK. A Rhondda Cynon Taf County Borough Council spokesperson says the council has assessed the damage, with the storm bringing on a number of highway closures. "There are a number of highways closures, with a landslip on the Bwlch Mountain Road at Nantymoel closing this road, and South Wales Police closing bridges in Pontypridd," they said. "The advice to everyone is only travel if absolutely necessary." It comes after the death of a man who was pulled from his car which was in a ford. Emergency services rescued a man and woman, both in their 80s, from the vehicle on Saturday. It was confirmed earlier today that the man had died while the woman remains in hospital with injuries described as non life threatening. Ireland is also facing a major clean-up operation as 60,000 people were left without power as a result of the storm. Status red rain warnings were in place for Cork and Galway until 10am on Saturday, with an orange alert for rain in place for counties Waterford, Kerry, Clare, Mayo, Sligo and Leitrim. Rebecca Mullen, of The Flour House bakery in Riverstick, Co Cork, was one of many business owners affected by flooding brought on by Storm Bert. She said: "Without those grants we really wouldn’t have a business today, it’s just really important that small businesses survive weather systems." A total of 80 weather warnings were flagged yesterday as flood alerts were introduced across the country as Storm Bert closed in. The Met Office Chief Meteorologist Andy Page urged people to keep an eye on weather warnings throughout the evening in case of further problems. He said: "Impacts from Storm Bert will continue to cause disruption as we go through today, and multiple warnings are in place for wind and rain. While the risk of any snowfall has now diminished, rainfall will affect much of the UK today, in particular some southwestern parts of England and South Wales, but the heaviest rain will ease from these areas through the day." Weather warnings are expected to expire later tonight. The longest-lasting is the rain warning for southwest England, which is in place until 11.45pm tonight. But the warnings and weather is subject to change as expert Page urges the public to stay alert of high wind speeds and sudden changes.
It's a woman's world! Forbes has revealed its 21st annual ranking of the 100 Most Powerful Women in the world. According to the media company, the top 100 ranking has been determined based on money, media, impact and spheres of influence. On the list are women across the world in fields ranging from finance to technology, and a few notable politicians. Taylor Swift even made the list as the top entertainer. We've compiled the top 20 women included on the list, plus the honourable Aussie women mentioned. Read on to see who the most powerful women in the world are in 2024, according to Forbes. For a daily dose of 9honey, subscribe to our newsletter here . Honourable mention: Coming in at 58 on the complete list is Australia's very own Shemara Wikramanayake, CEO of Macquarie. Wikramanayake started out at Macquarie in the late '80s. The 62-year-old became the managing director and CEO of the group in 2018. According to the group's 2024 annual report , Macquarie has more than 20,600 employees around the world and has total assets of $403.4 billion. Honourable mention: The next Aussie to make the list is Gina Rinehart, who has long been known as Australia's richest woman. According to Forbes , Rinehart has a net worth of $US30.7 billion (approx. $48.2 billion) as of 2024. Rinehart made her staggering wealth from iron ore as the executive chairman of mining company Hancock Prospecting. Read on to see the final Aussie who made the list this year and ranked higher than Rinehart. Honourable mention: The 48th most powerful woman in the world is the Governor of the Reserve Bank of Australia, Michele Bullock. Bullock made history when she took over the position in 2023, becoming the first woman to hold the title. According to Forbes, in her first year in the position, Bullock was able to keep interest rates at 4.35 per cent. Read on to see the women across the globe who ranked in the top 20 spots. Starting off the list is Catherine MacGregor, the CEO of the French multinational electric utility company, ENGIE. Next is 50-year-old Kathryn McLay, who is the president and CEO of the retail chain, Walmart International. Coming in at 18 on the list is Tarciana Medeiros, the first president and CEO of Banco de Brasil. Amy Hood is the Executive Vice President and CFO of technology company Microsoft. Safra Catz is the CEO of American technology company, Oracle. Ranked 15 in the world is Ana Patricia Botín, the Executive Chairman of Spain's largest bank, Santander. Emma Walmsley is the CEO of British pharmaceutical company, GSK. Kristalina Georgieva is the Managing Director of International Monetary Fund, a position she has held since 2019. Ruth Porat is the president and chief investment officer of Google's Alphabet Inc. Gail Boudreaux is the president and CEO of health insurance company, Elevance. Now onto the top 10. CEO of Citigroup, Jane Fraser, is ranked the 10th most powerful woman of 2024. Next on the list is American philanthropist MacKenzie Scott, who is famously the ex-wife of Amazon founder Jeff Bezos. Scott was given a four per cent stake of the company in their divorce. According to Forbes , at the time of writing Scott has a staggering net worth of $US32.4 billion (approx. $50.8 billion). Pivotal Ventures founder and ex-wife of Bill Gates, Melinda French Gates has ranked eighth in 2024. Next on the list is chair and CEO of global services company Accenture, Julie Sweet. Sweet became the company CEO in 2019. Chairman and CEO of Fidelity Investments, Abigail Johnson, has ranked sixth in 2024. According to Forbes , her net worth is an estimated $US37.1 billion (approx. $58.2 billion), placing her at the time of writing as the 46th richest person in the world. Cracking the top five is CEO of General Motors, Mary Barra.WHEELING, W.Va. , Dec. 11, 2024 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq: WSBC ) and Premier Financial Corp. ("Premier") (Nasdaq: PFC ) today announced that WesBanco's shareholders and Premier's shareholders have each voted overwhelmingly to adopt and approve, as applicable, all proposals relating to the previously announced merger agreement for WesBanco to acquire Premier. The votes were held at the respective special meetings of WesBanco's shareholders and Premier's shareholders today. Approximately 85% of the votes cast at WesBanco's special meeting voted to approve the merger and to approve the proposal to issue shares of WesBanco common stock as described in the joint proxy statement/prospectus for the special meeting, and approximately 68% of the outstanding shares of Premier common stock voted to approve the proposal to adopt the merger agreement. "Shareholder approval is a key milestone that reflects strong confidence in the opportunities this merger creates for our communities, customers, employees and shareholders," said Jeff Jackson , President and Chief Executive Officer of WesBanco. "With this step complete, we look forward to receiving the required regulatory approvals and then scheduling the closing of the merger, so we can bring our community commitment and the resources of a stronger organization to all of our communities." With the completion of this critical milestone, the companies believe the merger is on track to close during the first quarter of 2025. The transaction remains subject to the completion of customary closing conditions, including the receipt of required regulatory approvals. The merger will create a regional financial services institution with approximately $27 billion in assets, significant economies of scale, and strong pro forma profitability metrics. With complementary and contiguous geographic footprints, the combined company would be the 8th largest bank in Ohio , based on deposit market share, have increased presence in Indiana , and serve customers in nine states. About WesBanco, Inc. With over 150 years as a community-focused, regional financial services partner, WesBanco Inc. (NASDAQ: WSBC ) and its subsidiaries build lasting prosperity through relationships and solutions that empower our customers for success in their financial journeys. Customers across our eight-state footprint choose WesBanco for the comprehensive range and personalized delivery of our retail and commercial banking solutions, as well as trust, brokerage, wealth management and insurance services, all designed to advance their financial goals. Through the strength of our teams, we leverage large bank capabilities and local focus to help make every community we serve a better place for people and businesses to thrive. Headquartered in Wheeling, West Virginia , WesBanco has $18.5 billion in total assets, with our Trust and Investment Services holding $6.1 billion of assets under management and securities account values (including annuities) of $1.9 billion through our broker/dealer, as of September 30, 2024 . Learn more at www.wesbanco.com and follow @WesBanco on Facebook, LinkedIn and Instagram. About Premier Financial Corp. Premier Financial Corp. (Nasdaq: PFC ), headquartered in Defiance, Ohio , is the holding company for Premier Bank. Premier Bank, headquartered in Youngstown, Ohio , operates 73 branches and nine loan offices in Ohio , Michigan , Indiana and Pennsylvania and also serves clients through a team of wealth professionals dedicated to each community banking branch. For more information, visit Premier's website at www.PremierFinCorp.com . Matters set forth in this press release contain certain forward-looking statements, including certain plans, expectations, goals, and projections, and including statements about the benefits of the proposed Merger between WesBanco and Premier, that are subject to numerous assumptions, risks, and uncertainties. Forward-looking statements in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those contained or implied by such statements for a variety of factors including: the effects of changing regional and national economic conditions, changes in interest rates, spreads on earning assets and interest-bearing liabilities, and associated interest rate sensitivity; sources of liquidity available to WesBanco and its related subsidiary operations; potential future credit losses and the credit risk of commercial, real estate, and consumer loan customers and their borrowing activities; actions of the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, the Securities and Exchange Commission, the Financial Institution Regulatory Authority, the Municipal Securities Rulemaking Board, the Securities Investors Protection Corporation, and other regulatory bodies; potential legislative and federal and state regulatory actions and reform, including, without limitation, the impact of the implementation of the Dodd-Frank Act; adverse decisions of federal and state courts; fraud , scams and schemes of third parties; cyber-security breaches; competitive conditions in the financial services industry; rapidly changing technology affecting financial services; marketability of debt instruments and corresponding impact on fair value adjustments; and/or other external developments materially impacting WesBanco's operational and financial performance, the businesses of the WesBanco and Premier may not be integrated successfully or such integration may take longer to accomplish than expected; the expected cost savings and any revenue synergies from the proposed Merger may not be fully realized within the expected timeframes; disruption from the proposed Merger may make it more difficult to maintain relationships with clients, associates, or suppliers; the required governmental approvals of the proposed Merger may not be obtained on the expected terms and schedule; changes in economic conditions; movements in interest rates; competitive pressures on product pricing and services; success and timing of other business strategies; the nature, extent, and timing of governmental actions and reforms; and extended disruption of vital infrastructure; and other factors described in WesBanco's 2023 Annual Report on Form 10-K, Premier's 2023 Annual Report on Form 10-K, and documents subsequently filed by WesBanco and Premier with the SEC. All forward-looking statements included in this press release are based on information available at the time of the release. Neither WesBanco nor Premier assumes any obligation to update any forward-looking statement. SOURCE WesBanco, Inc.None
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The big developments set to change the face of Rochdale in 2025
It's no secret that inflation has caused prices of goods and services to rise in the last few years. The need to spend more just to maintain your current standard of living is a constant worry for many families. There is an attractive solution to this problem: buying dividend stocks that can supply you with a stream of additional passive income to supplement your earned income. The ideal dividend stock should be a business with a strong competitive edge that possesses a long track record of increasing dividends. It should also generate huge amounts of free cash flow that can sustain its dividend payments. Such dividend stock candidates should sit well within your portfolio to supply you with the dividends you need to not only beat inflation but also provide you with some extra spending money for the nicer things in life. Here are three attractive dividend stocks that you can consider adding to your income portfolio. 1. Medtronic Medtronic ( MDT -0.20% ) makes medical devices for a wide range of specialities such as cardiovascular, diabetes, respiratory, spinal, and neurological. The company has a stellar track record of increasing its dividend over 47 consecutive years, with its latest being a quarterly dividend of $0.70 per share. Net sales went from $31.7 billion in fiscal 2022 (ended April 30) to $32.4 billion in 2024. Net income, however, fell from $5 billion to $3.7 billion over the same period because of higher costs of goods sold and interest expenses. Despite the lower profit, Medtronic continued to generate consistent free cash flow, which averaged around $5.3 billion per fiscal year. With a payment of $3.67 billion in dividends for fiscal 2024, the dividend amounted to 70% of Medtronic's free cash flow and is, therefore, sustainable. The company reported earnings for the first half of fiscal 2025 as inflation starts to abate. Revenue rose 4% year over year to $16.3 billion, while operating income climbed 10.2% to $2.9 billion. With Medtronic enjoying a lower tax expense for the period, net income surged by 36% to $2.3 billion. Free cash flow for the business jumped 41% to $1 billion, building confidence that Medtronic can continue with its impressive track record of increasing dividends. The company continued its innovative streak, with close to 120 product approvals in the past 12 months, adding to its burgeoning portfolio of products and devices that cover a wide range of specialities and geographies. Interim CFO Gary Corona mentioned that Medtronic is focused on improving its margins and is increasing productivity through the centralization of operations and the consolidation of factories and suppliers. He also mentioned several promising new product launches that have yet to meaningfully scale up and deliver their full potential. Finally, Medtronic will focus on tuck-in acquisitions to boost areas that it lacks or need strengthening. These initiatives should help the business to continue growing and paying out higher dividends for the foreseeable future. 2. General Dynamics General Dynamics ( GD -0.24% ) is a global aerospace and defense company with a portfolio of products catered for the business aviation, ship construction and repair, and weapon systems sectors, among others. The company reported steadily increasing revenue and profits, while also generating copious levels of free cash flow. From 2021 to 2023, revenue from products and services increased from $38.5 billion to $42.3 billion. Earnings went from $3.26 billion to $3.32 billion over the same period. Free cash flow increased from $3.4 billion to $3.8 billion over the three years and averaged $3.55 billion per year, helping to fund General Dynamics' increased dividends. The company has increased its annual dividend without fail for 27 years, with the most recent increase being a 7.6% year-over-year rise to $5.68 per share. General Dynamics continued to report increased revenue and earnings for the first nine months of 2024. Revenue grew 12.3% year over year to $34.4 billion, while operating income jumped 14% to $3.4 billion. Net income for the engineering company climbed 14% to $2.6 billion. The business also generated a positive free cash flow of $1.4 billion for the period. General Dynamics continues to snag key contracts with the military. Back in November, one of the company's business units was awarded a contractor logistics support services contract that extends over seven years and provides services to the Air Force, Navy, Marine Corps, Army, and Coast Guard. A month later, General Dynamics was awarded a $5.6 billion contract from the U.S. Air Force to help modernize, integrate, and operate the latter's Mission Partner Environments. These promising contract wins should solidify the company's status as an essential contractor and help reinforce its reputation as a dependable business that can steadily increase its dividends over the long term. 3. Illinois Tool Works Illinois Tool Works ( ITW -0.86% ) is an industrial manufacturing company that produces products for seven verticals, including automotive, construction, and food equipment. Like General Dynamics, Illinois Tool Works has also demonstrated steady increases in both its revenue and net income over the years. Revenue increased from $14.4 billion in 2021 to $16.1 billion in 2023, while net income went from $2.7 billion to $3 billion over the same period. Free cash flow improved by a larger magnitude, going from $2.3 billion in 2021 to $3.1 billion by 2023 and averaging $2.4 billion per annum. This consistent free cash flow generation has allowed the company to increase its dividend without fail for close to three decades, going from just $0.16 in 1995 to $5.42 in 2023. Illinois Tool Works reported a mixed financial performance for the first nine months of 2024. Revenue dipped slightly by 1.3% year over year to $12 billion, but operating income managed to climb close to 6% to $3.2 billion. Net income surged 22% to $2.7 billion. The business also generated a positive free cash flow of $1.8 billion, and management upped the company's annual dividend for the 29th consecutive year to $6 per share. The company has made bold plans to continue growing and unveiled its strategic priorities during last year's Investor Day event. Illinois Tool Works has a target to grow organically by 4% to 7% from 2023 to 2030. Acquisitions should help to boost growth further, but these will be undertaken only if they are worth the time and effort and help to advance the company's long-term organic growth target. There will be two main types: bolt-on acquisitions to strengthen existing segments, and the building of new platforms. By 2030, Illinois Tool Works hopes to deliver between 11% to 13% per annum total shareholder return, comprising both organic growth and a 2% to 3% dividend yield. This can be achieved through a 9% to 10% annual earnings-per-share growth, coupled with a plan to increase the annual dividend by around 7% annually.
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