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e psx Turkish Airlines to Begin Operations at The New Terminal One at JFK and Unveil World-Class LoungeThe Dolphins' improbable path to the playoffs isn't in their hands, but they must do their partJAMAICA, N.Y. , Dec. 13, 2024 /PRNewswire/ -- The New Terminal One at John F. Kennedy International Airport (JFK) today announced that Turkish Airlines will begin operations at the new terminal when it opens in 2026. Turkish Airlines will also unveil a brand new, state-of-the-art lounge for its premium customers, launching the next phase of the award-winning airline's growth at its top U.S. gateway. The New Terminal One, set to be the largest international terminal in the United States , will offer best-in-class amenities and innovative technology for a transformational and efficient travel experience. The New Terminal One is a key component of the Port Authority of New York and New Jersey's $19 billion transformation of JFK Airport into a world-class gateway, which will include two new terminals, the modernization and expansion of two existing terminals, a new ground transportation center, and an entirely new, simplified roadway network. Turkish Airlines, which currently flies 19 times weekly from JFK Airport to its hub at Istanbul , providing seamless connections to its extensive global network, will continue to offer top-tier service from the new terminal. As part of its expansion in the JFK market, Turkish Airlines will open an 11,000-square-foot lounge in the New Terminal One – twice the size of the airline's lounge at the existing Terminal 1. The new lounge will feature premium amenities, expansive views of JFK Airport's airfield and provide direct boarding access to aircraft, offering unmatched convenience for Turkish Airlines' business class customers and top-tier frequent flyers. Recognized for its exceptional in-flight service, Turkish Airlines recently received the World Class Award from the Airline Passenger Experience Association (APEX) for the fourth consecutive year, placing it among just 10 airlines in the world to have received this prestigious recognition. Turkish Airlines was also chosen as the Best Airline in Europe nine times by Skytrax. Over the years Turkish Airlines also received accolades from Skytrax and other prestigious organizations numerous times for its Business and Economy Class offerings and Lounges. Turkish Airlines offers service to 351 destinations, including 25 in the Americas. Turkish is a member of the Star Alliance and will join other alliance members at the New Terminal One: LOT Polish Airlines, EVA Air and Air China. "We are thrilled to welcome Turkish Airlines to the New Terminal One at JFK, where their commitment to world-class customer service aligns perfectly with our mission to provide an unparalleled customer experience," said The New Terminal One Chief Executive Officer Jennifer Aument . "We look forward to working closely with our colleagues at Turkish Airlines to elevate the travel experience for customers from 2026 and beyond." Turkish Airlines Chairman of the Board and the Executive Committee Prof. Ahmet Bolat stated: "We are excited to bring Turkish Airlines' world-class service to the New Terminal One at JFK, further enhancing our passengers' travel experience with a state-of-the-art-lounge. This move underlines our commitment to continue our growth in the U.S market." In addition to Turkish Airlines, the New Terminal One has partnered with several other global carriers, including Air France, KLM, Etihad, LOT Polish Airlines, Korean Air, EVA Air, Air Serbia, SAS, Neos and Philippine Airlines. Air China is also partnering with the terminal on elevating the travel experience for Chinese customers visiting New York . The New Terminal One is focused on improving the customer experience by collaborating with potential airline partners. This includes working with airline teams across all customer journey touchpoints. Set to be JFK Airport's largest terminal when complete, the New Terminal One will offer a world-class customer experience and additional widebody aircraft gate capacity – providing international airlines a unique opportunity to grow their service at JFK, the top global gateway to the U.S. About The New Terminal One The New Terminal One at John F. Kennedy International Airport is a bold and exciting project to develop a world-class international terminal that will serve as an anchor terminal in the Port Authority's $19 billion transformation of JFK into a global gateway to the New York metropolitan area and the United States . The New Terminal One will set a new standard for design and service, aspiring to obtain a Top 5 Skytrax ranking and be considered one of the finest airport terminals in the world. The New Terminal One is being built on sites now occupied by Terminal 1 and the former Terminal 2 and Terminal 3, where it will anchor JFK's south side. Construction is taking place in phases. The first phase, including the new arrivals and departures halls and first set of 14 new gates, is expected to open in 2026. At completion, anticipated in 2030, the New Terminal One will be 2.6 million square feet, making it the largest terminal at JFK and nearly the same size as LaGuardia Airport's two new terminals combined. The New Terminal One will be a 23-gate, state-of-the-art, international-only terminal. Sustainably designed and future-focused, the terminal will feature expansive, naturally lit public spaces, cutting-edge technology, and an array of amenities, all designed to enhance the customer experience and compete with some of the highest-rated airport terminals in the world. The New Terminal One consortium of labor, operating, and financial partners is led by Ferrovial, JLC Infrastructure, Ullico, and Carlyle. The New Terminal One is being built by union labor and is committed to local inclusion and labor participation, focusing on diversity and capacity-building opportunities, including ambitious participation goals of 30% for minority and women-owned enterprises, 10% for local business enterprises and 3% for service-disabled veteran-owned businesses. To learn more about the New Terminal One at JFK International Airport, visit https://www.anewjfk.com/projects/the-new-terminal-one/ About Turkish Airlines Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines has a fleet of 491 (passenger and cargo) aircraft flying to 351 worldwide destinations in 130 countries (298 international destinations and 53 domestic destinations within Turkiye). More information about Turkish Airlines can be found on its official website www.turkishairlines.com or its social media accounts on Facebook, X, YouTube, LinkedIn and Instagram. View original content to download multimedia: https://www.prnewswire.com/news-releases/turkish-airlines-to-begin-operations-at-the-new-terminal-one-at-jfk-and-unveil-world-class-lounge-302331710.html SOURCE The New Terminal One at JFK

Fairfield and Vacaville police several other law enforcement agencies from across the county to arrest 28 civilian protesters at Travis Air Force Base on Thursday morning. At about 6:30 a.m., approximately 50 protesters arrived at Travis Air Force Base to protest what the department described as “issues in the Middle East.” Protesters indicated they were there to protest U.S. involvement in the conflict in Gaza, according to multiple news outlets. The group is protesting the U.S. supply of weapons to the region. “Participants were advised that, while peaceful protests were entirely within the exercise of their constitutional rights, they could not block the roadway,” the department said. “Several protestors ignored this instruction, spilling out into the road and intentionally blocking access to the base.” Six citizens were arrested at the south gate, 20 were arrested at the main gate and two were arrested at the north gate. Deputies from the Sheriff’s Department were also involved with arrests.Prince William rolls up his sleeves and helps serve holiday meal to homeless Londoners

Washington, Dec 01, 2024 -President-elect Donald Trump on Saturday nominated Charles Kushner , the father of his son-in-law Jared Kushner , as the US ambassador to France . Kushner "is a tremendous business leader, philanthropist, & dealmaker, who will be a strong advocate representing our Country & its interests," Trump said on his Truth Social website, adding that Jared "worked closely with me in the White House." (You can now subscribe to our Economic Times WhatsApp channel )WASHINGTON — Donald Trump said he can't guarantee that his promised tariffs on key U.S. foreign trade partners won't raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. The president-elect, in a wide-ranging interview with NBC's “Meet the Press” that aired Sunday, also touched on monetary policy, immigration, abortion and health care, and U.S. involvement in Ukraine, Israel and elsewhere. Trump often mixed declarative statements with caveats, at one point cautioning “things do change.” A look at some of the issues covered: Trump hems on whether trade penalties could raise prices Trump has threatened broad trade penalties, but said he didn’t believe economists' predictions that added costs on those imported goods for American companies would lead to higher prices for U.S. consumers. He stopped short of a pledge that U.S. households won't be paying more as they shop. “I can’t guarantee anything. I can’t guarantee tomorrow,” Trump said, seeming to open the door to accepting the reality of how import levies typically work as goods reach the retail market. That's a different approach from Trump's typical speeches throughout the 2024 campaign, when he framed his election as a sure way to curb inflation. In the interview, Trump defended tariffs generally, saying they are "going to make us rich.” He has pledged that, on his first day in office in January, he would impose 25% tariffs on all goods imported from Mexico and Canada unless those countries satisfactorily stop illegal immigration and the flow of illegal drugs such as fentanyl into the United States. He also has threatened additional tariffs on China to help force that country to crack down on fentanyl production. ”All I want to do is I want to have a level, fast, but fair playing field,” Trump said. Trump suggests retribution for his opponents while claiming no interest in vengeance He offered conflicting statements on how he would approach the justice system after winning election despite being convicted of 34 felonies in a New York state court and being indicted in other cases for his handling of national security secrets and efforts to overturn his 2020 loss to Democrat Joe Biden. “Honestly, they should go to jail,” Trump said of members of Congress who investigated the Capitol riot by his supporters who wanted him to remain in power. The president-elect underscored his contention that he can use the justice system against others, including special prosecutor Jack Smith, who led the case on Trump’s role in the siege on Jan. 6, 2021. Trump confirmed his plan to pardon supporters who were convicted for their roles in the riot, saying he would take that action on his first day in office. As for the idea of revenge driving potential prosecutions, Trump said: “I have the absolute right. I’m the chief law enforcement officer, you do know that. I’m the president. But I’m not interested in that." At the same time, Trump singled out lawmakers on a special House committee who had investigated the insurrection, citing Rep. Bennie Thompson, D-Miss., and former Rep. Liz Cheney, R-Wyo. “Cheney was behind it ... so was Bennie Thompson and everybody on that committee,” Trump said. Asked specifically whether he would direct his administration to pursue cases, he said, “No,” and suggested he did not expect the FBI to quickly undertake investigations into his political enemies. But at another point, Trump said he would leave the matter up to Pam Bondi, his pick as attorney general. “I want her to do what she wants to do,” he said. Such threats, regardless of Trump's inconsistencies, have been taken seriously enough by many top Democrats that Biden is considering issuing blanket, preemptive pardons to protect key members of his outgoing administration. Trump did seemingly back off his campaign rhetoric calling for Biden to be investigated, saying, “I’m not looking to go back into the past.” Swift action on immigration is coming Trump repeatedly mentioned his promises to seal the U.S.-Mexico border and deport millions of people who are in the U.S. illegally through a mass deportation program. “I think you have to do it,” he said. He suggested he would try to use executive action to end “birthright” citizenship under which people born in the U.S. are considered citizens — although such protections are spelled out in the Constitution. Asked specifically about the future for people who were brought into the country illegally as children and have been shielded from deportation in recent years, Trump said, “I want to work something out,” indicating he might seek a solution with Congress. But Trump also said he does not “want to be breaking up families” of mixed legal status, “so the only way you don’t break up the family is you keep them together and you have to send them all back.” Trump commits to NATO, with conditions, and waffles on Putin and Ukraine Long a critic of NATO members for not spending more on their own defense, Trump said he “absolutely” would remain in the alliance “if they pay their bills.” Pressed on whether he would withdraw if he were dissatisfied with allies’ commitments, Trump said he wants the U.S. treated “fairly” on trade and defense. He waffled on a NATO priority of containing Russia and President Vladimir Putin. Trump suggested Ukraine should prepare for less U.S. aid in its defense against Putin’s invasion. “Possibly. Yeah, probably. Sure,” Trump said of reducing Ukraine assistance from Washington. Separately, Trump has called for an immediate ceasefire . Asked about Putin, Trump said initially that he has not talked to the Russian leader since Election Day last month, but then hedged: “I haven’t spoken to him recently.” Trump said when pressed, adding that he did not want to “impede the negotiation.” Trump says Powell is safe at the Fed, but not Wray at the FBI The president-elect said he has no intention, at least for now, of asking Federal Reserve Chairman Jerome Powell to step down before Powell's term ends in 2028. Trump said during the campaign that presidents should have more say in Fed policy , including interest rates. Trump did not offer any job assurances for FBI Director Christopher Wray, whose term is to end in 2027. Asked about Wray, Trump said: “Well, I mean, it would sort of seem pretty obvious” that if the Senate confirms Kash Patel as his pick for FBI chief, then “he’s going to be taking somebody’s place, right? Somebody is the man that you’re talking about.” Trump is absolute about Social Security, not so much on abortion and health insurance Trump promised that the government efficiency effort led by Elon Musk and Vivek Ramaswamy will not threaten Social Security. “We're not touching Social Security, other than we make it more efficient,” he said. He added that “we're not raising ages or any of that stuff.” He was not so specific about abortion or his long-promised overhaul of the Affordable Care Act. On abortion, Trump continued his inconsistencies and said he would “probably” not move to restrict access to the abortion pills that now account for a majority of pregnancy terminations, according to the Guttmacher Institute, which supports abortion rights. But pressed on whether he would commit to that position, Trump replied, “Well, I commit. I mean, are -- things do -- things change. I think they change.” Reprising a line from his Sept. 10 debate against Vice President Kamala Harris, Trump again said he had “concepts” of a plan to substitute for the 2010 Affordable Care Act, which he called “lousy health care.” He added a promise that any Trump version would maintain insurance protections for Americans with preexisting health conditions. He did not explain how such a design would be different from the status quo or how he could deliver on his desire for “better health care for less money.”

President-elect Donald Trump said Friday he's in favor of eliminating daylight saving time, calling it "inconvenient" and "very costly" as his Department of Government Efficiency (DOGE) directors also push for action on the matter. "The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn't! Daylight Saving Time is inconvenient, and very costly to our Nation," Trump posted on Truth Social Friday. While Trump tweeted, "Making Daylight Saving Time permanent is O.K. with me," in 2019, he appears to be changing course now. This comes as his DOGE directors, Tesla and X CEO Elon Musk and Republican businessman Vivek Ramaswamy, have advocated for the time change to be eliminated. "Looks like the people want to abolish the annoying time change," Musk posted in response to a poll on X calling for DST to be abolished. "It's inefficient & easy to change," Ramaswamy responded. Any changes would need to be passed by Congress, and legislation on the issue has been considered before in recent years.

WASHINGTON (AP) — Donald Trump said he can't guarantee that his promised tariffs on key U.S. foreign trade partners won't raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. The president-elect, in a wide-ranging interview with NBC's “Meet the Press” that aired Sunday, also touched on monetary policy, immigration, abortion and health care, and U.S. involvement in Ukraine, Israel and elsewhere. Trump often mixed declarative statements with caveats, at one point cautioning “things do change.” A look at some of the issues covered: Trump has threatened broad trade penalties, but said he didn’t believe economists' predictions that added costs on those imported goods for American companies would lead to higher prices for U.S. consumers. He stopped short of a pledge that U.S. households won't be paying more as they shop. “I can’t guarantee anything. I can’t guarantee tomorrow,” Trump said, seeming to open the door to accepting the reality of how import levies typically work as goods reach the retail market. That's a different approach from Trump's typical speeches throughout the 2024 campaign, when he framed his election as a sure way to curb inflation. In the interview, Trump defended tariffs generally, saying they are "going to make us rich.” He has pledged that, on his first day in office in January, he would impose 25% tariffs on all goods imported from Mexico and Canada unless those countries satisfactorily stop illegal immigration and the flow of illegal drugs such as fentanyl into the United States. He also has threatened additional tariffs on China to help force that country to crack down on fentanyl production. ”All I want to do is I want to have a level, fast, but fair playing field,” Trump said. He offered conflicting statements on how he would approach the justice system after winning election despite being convicted of 34 felonies in a New York state court and being indicted in other cases for his handling of national security secrets and efforts to overturn his 2020 loss to Democrat Joe Biden. “Honestly, they should go to jail,” Trump said of members of Congress who investigated the Capitol riot by his supporters who wanted him to remain in power. The president-elect underscored his contention that he can use the justice system against others, including special prosecutor Jack Smith, who led the case on Trump’s role in the siege on Jan. 6, 2021. Trump confirmed his plan to pardon supporters who were convicted for their roles in the riot, saying he would take that action on his first day in office. As for the idea of revenge driving potential prosecutions, Trump said: “I have the absolute right. I’m the chief law enforcement officer, you do know that. I’m the president. But I’m not interested in that." At the same time, Trump singled out lawmakers on a special House committee who had investigated the insurrection, citing Rep. Bennie Thompson, D-Miss., and former Rep. Liz Cheney, R-Wyo. “Cheney was behind it ... so was Bennie Thompson and everybody on that committee,” Trump said. Asked specifically whether he would direct his administration to pursue cases, he said, “No,” and suggested he did not expect the FBI to quickly undertake investigations into his political enemies. But at another point, Trump said he would leave the matter up to Pam Bondi, his pick as attorney general. “I want her to do what she wants to do,” he said. Such threats, regardless of Trump's inconsistencies, have been taken seriously enough by many top Democrats that Biden is considering issuing blanket, preemptive pardons to protect key members of his outgoing administration. Trump did seemingly back off his campaign rhetoric calling for Biden to be investigated, saying, “I’m not looking to go back into the past.” Trump repeatedly mentioned his promises to seal the U.S.-Mexico border and deport millions of people who are in the U.S. illegally through a mass deportation program. “I think you have to do it,” he said. He suggested he would try to use executive action to end “birthright” citizenship under which people born in the U.S. are considered citizens — although such protections are spelled out in the Constitution. Asked specifically about the future for people who were brought into the country illegally as children and have been shielded from deportation in recent years, Trump said, “I want to work something out,” indicating he might seek a solution with Congress. But Trump also said he does not “want to be breaking up families” of mixed legal status, “so the only way you don’t break up the family is you keep them together and you have to send them all back.” Long a critic of NATO members for not spending more on their own defense, Trump said he “absolutely” would remain in the alliance “if they pay their bills.” Pressed on whether he would withdraw if he were dissatisfied with allies’ commitments, Trump said he wants the U.S. treated “fairly” on trade and defense. He waffled on a NATO priority of containing Russia and President Vladimir Putin. Trump suggested Ukraine should prepare for less U.S. aid in its defense against Putin’s invasion. “Possibly. Yeah, probably. Sure,” Trump said of reducing Ukraine assistance from Washington. Separately, Trump has called for an immediate ceasefire . Asked about Putin, Trump said initially that he has not talked to the Russian leader since Election Day last month, but then hedged: “I haven’t spoken to him recently.” Trump said when pressed, adding that he did not want to “impede the negotiation.” The president-elect said he has no intention, at least for now, of asking Federal Reserve Chairman Jerome Powell to step down before Powell's term ends in 2028. Trump said during the campaign that presidents should have more say in Fed policy , including interest rates. Trump did not offer any job assurances for FBI Director Christopher Wray, whose term is to end in 2027. Asked about Wray, Trump said: “Well, I mean, it would sort of seem pretty obvious” that if the Senate confirms Kash Patel as his pick for FBI chief, then “he’s going to be taking somebody’s place, right? Somebody is the man that you’re talking about.” Trump promised that the government efficiency effort led by Elon Musk and Vivek Ramaswamy will not threaten Social Security. “We're not touching Social Security, other than we make it more efficient,” he said. He added that “we're not raising ages or any of that stuff.” He was not so specific about abortion or his long-promised overhaul of the Affordable Care Act. On abortion, Trump continued his inconsistencies and said he would “probably” not move to restrict access to the abortion pills that now account for a majority of pregnancy terminations, according to the Guttmacher Institute, which supports abortion rights. But pressed on whether he would commit to that position, Trump replied, “Well, I commit. I mean, are -- things do -- things change. I think they change.” Reprising a line from his Sept. 10 debate against Vice President Kamala Harris, Trump again said he had “concepts” of a plan to substitute for the 2010 Affordable Care Act, which he called “lousy health care.” He added a promise that any Trump version would maintain insurance protections for Americans with preexisting health conditions. He did not explain how such a design would be different from the status quo or how he could deliver on his desire for “better health care for less money.” Barrow reported from Atlanta. Associated Press writers Adriana Gomez Licon in Fort Lauderdale, Florida, and Jill Colvin and Michelle L. Price in New York contributed to this report.Stock market today: Wall Street rises to records despite tariff talkMissing teen Lily Peppler found safe, police confirm

Who Is Pam Bondi, Trump’s Nominee for Attorney General?

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Kingsview Wealth Management LLC Increases Position in Roper Technologies, Inc. (NYSE:ROP)NFL Week 13 Picks Against the Spread, Tips and Predictions

ATHENS, Ohio (AP) — AJ Clayton scored 16 points as Ohio beat Robert Morris 84-68 on Saturday. Clayton had seven rebounds for the Bobcats (3-5). Victor Searls scored 14 points and added seven rebounds. Jackson Paveletzke and Aidan Hadaway both scored 11 points. The Colonials (6-3) were led by Josh Omojafo, who recorded 15 points. Antallah Sandlin'El added 14 points for Robert Morris. Alvaro Folgueiras finished with 12 points and seven rebounds. The loss ended a six-game winning streak for the Colonials. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Kingsview Wealth Management LLC grew its holdings in SPDR EURO STOXX 50 ETF ( NYSEARCA:FEZ – Free Report ) by 9.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,504 shares of the exchange traded fund’s stock after purchasing an additional 400 shares during the quarter. Kingsview Wealth Management LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $240,000 as of its most recent SEC filing. A number of other institutional investors have also recently made changes to their positions in the business. Bank of Montreal Can boosted its position in SPDR EURO STOXX 50 ETF by 1,811.7% in the 2nd quarter. Bank of Montreal Can now owns 914,183 shares of the exchange traded fund’s stock valued at $46,879,000 after buying an additional 866,363 shares during the period. Marshall Wace LLP boosted its holdings in SPDR EURO STOXX 50 ETF by 680.5% in the second quarter. Marshall Wace LLP now owns 159,649 shares of the exchange traded fund’s stock valued at $7,987,000 after purchasing an additional 187,149 shares during the period. Strategic Financial Concepts LLC purchased a new stake in SPDR EURO STOXX 50 ETF during the 2nd quarter worth about $84,000. GFS Advisors LLC increased its holdings in SPDR EURO STOXX 50 ETF by 4,235.1% during the 3rd quarter. GFS Advisors LLC now owns 145,658 shares of the exchange traded fund’s stock worth $7,755,000 after purchasing an additional 142,298 shares during the period. Finally, Bricktown Capital LLC purchased a new position in shares of SPDR EURO STOXX 50 ETF in the 2nd quarter valued at about $6,488,000. SPDR EURO STOXX 50 ETF Stock Performance Shares of SPDR EURO STOXX 50 ETF stock opened at $48.57 on Friday. The business has a 50-day simple moving average of $50.47 and a 200-day simple moving average of $51.04. The company has a market cap of $3.44 billion, a PE ratio of 15.75 and a beta of 0.97. SPDR EURO STOXX 50 ETF has a one year low of $45.44 and a one year high of $54.16. SPDR EURO STOXX 50 ETF Company Profile SPDR EURO STOXX 50 ETF (the Fund) seeks to replicate as closely as possible the price and yield of the EURO STOXX 50 Index (the Index). The Index is designed to represent the performance of some of the companies across components of the 20 EURO STOXX Supersector Indexes. The EURO STOXX Supersector Indexes are subsets of the EURO STOXX Index. See Also Want to see what other hedge funds are holding FEZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR EURO STOXX 50 ETF ( NYSEARCA:FEZ – Free Report ). Receive News & Ratings for SPDR EURO STOXX 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR EURO STOXX 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter .

Dividend stocks have always been a favourite among investors who value a reliable income stream combined with the potential for long-term growth. These offer a unique advantage by distributing a portion of a company’s to shareholders, providing a steady return even during periods of market turbulence. For those looking to build wealth over time, reinvesting dividends can compound returns significantly, thus making these stocks a staple in many portfolios. Consider Power stock One notable dividend stock on the is ( ). As a diversified international management and holding company, Power stock has interests in several financial sectors, including insurance, retirement planning, wealth management, and investment services. Its broad portfolio makes it a fascinating case study for dividend-focused investors. As of writing, the stock is trading around $46.69 and boasts a forward annual dividend yield of 4.9%. This relatively high yield is extra appealing, especially in an era where stable income investments are in high demand. Recent earnings, however, have introduced some complexity. For the third quarter of 2024, Power stock reported net earnings of $371 million, or $0.58 per share – a significant drop from the $997 million, or $1.50 per share, reported in the same period the previous year. The company attributed this decline to unexpected losses from smaller investments. This came as a surprise to analysts and investors alike. The announcement triggered a 4% drop in the stock price, reflecting the market’s immediate concerns. Despite this hiccough, Power stock demonstrated resilience through its commitment to dividends. The company maintains a consistent schedule, with the most recent payment of $0.56 per share. This reliability reinforces Power stock’s reputation as a dependable dividend payer, even when earnings experience short-term fluctuations. Into finances The sustainability of these payouts is supported by the company’s dividend payout ratio, which currently stands at about 51.3% of trailing earnings. This relatively conservative figure indicates that Power stock is not overextending its resources to maintain its dividend — a key marker of financial stability. For investors who prioritize income, this ratio is a reassuring sign that the company’s dividends are both manageable and likely to continue. Looking at the company’s broader financial position, Power stock’s revenue for the trailing 12 months (TTM) reached $34.9 billion, with a profit margin of 6.5%. While the quarterly revenue growth year-over-year was a modest 3.4%, the decline in quarterly earnings (-61.1% YOY) highlights the challenges the company is currently navigating. Its balance sheet shows significant liquidity, with $179.2 billion in cash. This could be used to manage debt or support strategic investments. However, the $20.6 billion in total debt and a debt-to-equity ratio of 48.4% suggest some leverage that investors should keep an eye on. From a historical perspective, Power Corporation has weathered economic cycles with a combination of strategic investments and consistent dividend growth. Its diversified portfolio positions it to capture value across multiple financial service areas. This diversification is a double-edged sword, however, as it can dilute the impact of exceptional performance in any single area. Foolish takeaway Looking ahead, the company’s ability to sustain and grow its dividend will depend on improving profitability and navigating the current investment headwinds. Analysts note that while its forward price-to-earnings ratio of 9 suggests the stock is attractively valued, the company must deliver stronger earnings growth to fully justify its valuation. For income-focused investors, the key question is whether Power stock can maintain its current payout levels – plus avoid further earnings surprises. Power stock offers a compelling yield and has a long history of rewarding shareholders. Its broad exposure to financial services provides stability, yet also introduces risks tied to market fluctuations and subsidiary performance. While recent earnings challenges are worth noting, the company’s conservative payout ratio and significant cash reserves suggest that its dividends remain on solid ground. For those seeking dividend income, Power stock could be a strong candidate. But it’s crucial to monitor its earnings trajectory and broader market conditions before making a buy decision.

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