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Franklin Resources Inc. purchased a new position in Morgan Stanley Direct Lending ( NYSE:MSDL – Free Report ) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 77,218 shares of the company’s stock, valued at approximately $1,555,000. Other institutional investors have also recently made changes to their positions in the company. HighTower Advisors LLC boosted its holdings in Morgan Stanley Direct Lending by 4.4% during the third quarter. HighTower Advisors LLC now owns 15,900 shares of the company’s stock worth $315,000 after buying an additional 669 shares in the last quarter. Allworth Financial LP acquired a new position in shares of Morgan Stanley Direct Lending during the 3rd quarter worth approximately $32,000. Muzinich & Co. Inc. purchased a new position in shares of Morgan Stanley Direct Lending during the 3rd quarter valued at approximately $68,000. Stifel Financial Corp grew its stake in Morgan Stanley Direct Lending by 11.6% in the 3rd quarter. Stifel Financial Corp now owns 38,625 shares of the company’s stock valued at $764,000 after acquiring an additional 4,025 shares during the period. Finally, Centiva Capital LP acquired a new stake in Morgan Stanley Direct Lending in the 3rd quarter valued at $213,000. Wall Street Analyst Weigh In Separately, Royal Bank of Canada reaffirmed an “outperform” rating and set a $22.00 price objective on shares of Morgan Stanley Direct Lending in a report on Friday, September 13th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Morgan Stanley Direct Lending presently has a consensus rating of “Hold” and a consensus target price of $21.42. Morgan Stanley Direct Lending Stock Up 0.8 % Shares of NYSE:MSDL opened at $21.35 on Friday. Morgan Stanley Direct Lending has a 52-week low of $19.05 and a 52-week high of $24.18. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.99. The business has a fifty day moving average of $20.62 and a two-hundred day moving average of $20.23. The stock has a market cap of $1.90 billion and a P/E ratio of 8.37. Morgan Stanley Direct Lending Cuts Dividend The company also recently disclosed a — dividend, which will be paid on Friday, January 24th. Investors of record on Tuesday, December 31st will be given a dividend of $0.10 per share. This represents a yield of 10.1%. The ex-dividend date is Tuesday, December 31st. Morgan Stanley Direct Lending’s payout ratio is currently 78.43%. Morgan Stanley Direct Lending Profile ( Free Report ) Morgan Stanley Direct Lending Fund is a business development company. It is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. Morgan Stanley Direct Lending Fund is based in NEW YORK. Read More Want to see what other hedge funds are holding MSDL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Morgan Stanley Direct Lending ( NYSE:MSDL – Free Report ). Receive News & Ratings for Morgan Stanley Direct Lending Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley Direct Lending and related companies with MarketBeat.com's FREE daily email newsletter .Colts QB Anthony Richardson ruled out for Sunday's game against the Giants
On a rare two-game skid, No. 24 Arizona faces DavidsonHOUSTON — Just a day after political crisis erupted in South Korea, protestors across the nation are calling for the resignation of its embattled president, Yoon Suk Yeol. This comes after Yoon declared martial law on Tuesday, accusing the country's democratic party of sympathizing with communist North Korea. His declaration was later struck down by lawmakers. RELATED: South Korean President Yoon is urged to resign or face impeachment over martial law As political unrest continues, Houstonians from South Korea are closely watching the situation happening in the country, including President of the Korean American Association and Community Center of Houston, Casey Youn. Youn is 1 of 40,000 Korean Americans currently living in the Greater Houston area. Like so many, he said he is still processing the shocking move. "I was flabbergasted, I didn't think something like that would happen in Korea, last time it happened was some 40 years ago when Korea was under military rule,” said Youn. The declaration was short-lived. "I didn't think that martial law would work in Korea, that was my first impression and sure enough it didn't last too long,” said Youn. President Yoon rescinded the order 6 hours after the country's parliament unanimously rebuked it in an emergency session. Lawmakers have filed a motion to impeach Yoon. "I kind of wonder what President Yoon was thinking when he started this whole mess,” said Youn. Some claim his decision was spurred by his own political troubles rather than external threats, Yoon is now facing mounting pressure to resign or be impeached with Korean citizens taking to the streets and protesting, demanding he step down. Youn said the unrest is concerning. He said Korean Americans in Houston appear to be split. "Korean politics is quite polarized like U.S. politics and worldwide politics, so there were people who said they put President Yoon into a corner, and he didn't have a choice, and other groups said what is this, this is sheer non-sense,” said Youn. Youn said one of their biggest concerns include what this could mean for the Korean and U.S. alliance. "Korea was devastated by wars 70 years ago, and through the help of the United States and allies, Korea became world economic power, but it is still in somewhat of a juvenile state as far as peoples concept of democracy,” said Youn. South Korea has had a series of authoritarian leaders early in its history before becoming a democracy in 1987. Youn shared, he like many Koreans hope stability will follow the country’s most recent chaos. "Every time this happens it solidifies our better understanding of democracy, so I hope it will move in the positive direction as far as our future position,” said Youn.
Dejounte Murray is rejoining the Pelicans against Raptors and drawing inspiration from his motherWEST PALM BEACH, Fla. (AP) — President-elect Donald Trump appears to be siding with Elon Musk and his other backers in the tech industry as a dispute over immigration visas has divided his supporters. Trump, in an interview with the New York Post on Saturday, praised the use of visas to bring skilled foreign workers to the U.S. The topic has become a flashpoint within his conservative base. “I’ve always liked the visas, I have always been in favor of the visas. That’s why we have them," Trump said. In fact, Trump has in the past criticized the H-1B visas, calling them “very bad” and “unfair” for U.S. workers. During his first term as president, he unveiled a “Hire American” policy that directed changes to the program to try to ensure the visas were awarded to the highest-paid or most-skilled applicants. Despite his criticism of them and attempts to curb their use, he has also used the visas at his businesses in the past, something he acknowledged in his interview Saturday. “I have many H-1B visas on my properties. I’ve been a believer in H-1B. I have used it many times. It’s a great program," Trump told the newspaper. He did not appear to address questions about whether he would pursue any changes to the number or use of the visas once he takes office Jan. 20. Trump's hardline immigration policies, focused mostly on immigrants who are in the country illegally, were a cornerstone of his presidential campaign and a priority issue for his supporters. But in recent days, his coalition has split in a public debate largely taking place online about the tech industry's hiring of foreign workers. Hard-right members of Trump's movement have accused Musk and others in Trump's new flank of tech-world supporters of pushing policies at odds with Trump's “America First" vision. Software engineers and others in the tech industry have used H-1B visas for skilled foreign workers and say they are a critical tool for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated. Michelle L. Price, The Associated Press
The Lagos State Government is cracking down on contractors who are delaying crucial housing projects in the state. The Commissioner for Housing, Moruf Akinderu-Fatai, issued a stern warning on Thursday, after inspecting several state-funded developments, including Sangotedo Housing Estate and Eti Osa Phase 2. The government’s patience is wearing thin due to the slow pace of work, despite consistent support. According to Akinderu-Fatai, the state government is worried about the impact of delays on addressing the state’s housing needs. Contractors are expected to meet agreed-upon deadlines or face termination. The government has consistently supported these projects, but slow progress is hindering success. Contractors who fail to meet deadlines will face termination, as emphasized by Commissioner Akinderu-Fatai. This move aims to push contractors to work efficiently and complete projects on time. The Lagos State Government has been working to address the state’s housing needs through various projects. However, delays have hindered progress, prompting the government to take action. The Permanent Secretary in the Ministry, Engr. Abdulhafis Toriola also reminded contractors of the importance of adhering to schedules and ensuring the timely delivery of every aspect of the projects. The statement revealed that the current ongoing housing projects include the Sangotedo Housing Estate Phase 2, which will comprise 43 blocks and add over 500 home units to the existing stock upon completion. The first phase of the project, which includes 744 home units, was delivered and commissioned by Governor Babajide Sanwo-Olu in December 2021. In addition to Sangotedo, projects at Ajara, Badagry, Ibeshe Scheme 2, Ita Marun, and Egan Igando Cluster 2 and 3 are part of the Lagos State Government’s broader initiative to address the housing needs of its growing population. The government aims to complete all five ongoing housing estates within the tenure of the current administration, which concludes in 2027. The Lagos State Government introduced the Rent-To-Own Program and Lagos Home Ownership Mortgage Scheme (Lagos HOMS) to address the housing gap and offer affordable housing options. The Rent-To-Own Program allows prospective homeowners to pay a 5% down payment, move into their homes immediately, and pay the balance as rent over 10 years. To qualify, applicants must be Lagos residents, first-time buyers aged 21 or older, tax-compliant, and meet affordability requirements, ensuring that monthly payments do not exceed 33% of their income. Lagos HOMS, managed by the Lagos Mortgage Board, provides first-time buyers with mortgage financing for affordable homes. Applicants contribute up to 30% of the property’s value, with the balance spread over 10 years.On a rare two-game skid, No. 24 Arizona faces Davidson
As the world witnesses the unfolding tragedies and hardships faced by individuals caught in the crossfires of conflict, stories like that of the Syrian Chinese businessman and his guests stand as beacons of hope and inspiration. In a time where headlines are often dominated by tales of division and discord, these acts of kindness and solidarity illuminate the enduring power of humanity to unite and uplift one another in times of need.AP Business SummaryBrief at 6:48 p.m. EST
The intensification of clashes in Manbij has raised concerns about the potential for further escalation and destabilization in northern Syria. The involvement of multiple regional and international actors in the conflict adds another layer of complexity to the situation, with the risk of unintended consequences and spiraling violence.
In the days following his speech, Ma's return reverberated across the business world, sparking renewed interest and optimism in Alibaba and its future. Investors and analysts alike welcomed his comeback, seeing it as a positive sign for the company and the broader tech industry. The stock market responded positively to the news, with Alibaba's shares surging in value as confidence in the company's leadership was restored.Customs Seizes 6 Giant Fearants Inside Lollipop Packaging – Alien Species Invasion AlertOne of the key factors that analysts point to when assessing the potential success of a Trump 2.0 administration is the composition of the cabinet. With nominees such as Nikki Haley for Secretary of State, Larry Kudlow for Treasury Secretary, and Tom Cotton for Defense Secretary, many see a lineup that is more aligned with traditional Republican establishment figures compared to the original Trump administration. This could indicate a move towards a more conventional approach to governance, which may help facilitate smoother policy implementation.
Marvel's Vanguard, the highly anticipated action-packed superhero game, has received a solid 8/10 rating from IGN, positioning itself as a strong competitor in the realm of similar games. Developed by a team of dedicated professionals at Marvel Studios, the game promises an immersive experience that brings players into the heart of the Marvel Universe like never before.The entertainment world is buzzing with excitement as the much-anticipated nominations for the 82nd Annual Golden Globe Awards have been unveiled. Among the standout names on the list are none other than the talented trio of Kate Winslet, Selena Gomez, and rising star 384. These three artists have each managed to score double nominations, solidifying their places as some of the most revered figures in the industry.
NoneSan Francisco 49ers quarterback Brock Purdy will not play Sunday and head coach Kyle Shanahan said the lingering discomfort is a concern. Purdy sat out Friday after he participated in the start of Thursday's practice with the 49ers, then retreated indoors for what Shanahan said was a treatment session. Brandon Allen, 32, will start in Purdy's place, and the 49ers are also without defensive end Nick Bosa (oblique). Shanahan said players believe in Allen, even if he's an unknown. "Outside of here people haven't seen a lot of Brandon. But it's his second year (with the 49ers)," Shanahan said. "Obviously guys want Brock up, but guys are excited to see Brandon play." Shanahan said they are "a little surprised" Purdy experienced tightness and discomfort in his shoulder after an MRI exam on Monday that showed no long-term cause for concern. "The way it responded this week, it's really up in the air for next week," Shanahan said of Purdy. Allen is familiar to Packers head coach Matt LaFleur, who was an assistant coach with the Rams during Allen's two-year run in Los Angeles. Allen broke into the NFL in 2016 with the Jaguars and is 2-7 in nine career starts. He went 1-2 with the Broncos in 2019 and 1-5 in six starts over two years with the Bengals in 2020 and ‘21. Shanahan said Allen's confidence grew throughout the week and he doesn't anticipate a major change in how he calls the offense. Left tackle Trent Williams (ankle) also missed practice for the third consecutive day. Without disclosing the nature of the ailment to Purdy's throwing shoulder, general manager John Lynch confirmed Friday an MRI exam took place to determine the severity of any injury. Allen worked with the first team most of Thursday and Friday with Joshua Dobbs also taking snaps. Lynch described Purdy's status for the 49ers (5-5) this week as "tenuous." "Hopefully, he makes progress, and we can have a shot at this weekend, but we'll see," Lynch said in an interview with KNBR in San Francisco. "I think it's tenuous." When Purdy was on the field this week, he primarily worked on the side in position-specific drills with QB coach Brian Griese. Williams played through an ankle injury last week after being listed as questionable but exited the stadium with an exaggerated limp on Sunday. Run game coordinator Chris Foerster said the 49ers aren't where they want to be at 5-5 because they haven't won close games, not because of injuries. "Seven games left is like an eternity," Foerster said. "So much can happen. Do the math. What was our record last year? It was 12-5. I was on a 13-win team that was nowhere near as good as the team last year." With or without Purdy, Foerster said the challenge for the 49ers is not to give up the ball to a defense that has 19 takeaways. The 49ers have 13 giveaways this season. --Field Level Media
For the player himself, the prospect of a new challenge at a different club offers a fresh start and an opportunity to showcase his talents on a different stage. With his reputation preceding him, he is sure to attract interest from some of the biggest teams in Europe, each vying for his signature and hoping to benefit from his unique skill set and winning mentality.
OTTAWA, Ontario (AP) — Notre Dame forward Danny Nelson scored twice, Western Michigan’s Hampton Slukynsky made 25 saves and the defending champion United States beat Latvia 5-1 on Saturday in the world junior hockey championship. The United States improved to 2-0 in Group A play, while Latvia dropped to 1-1 a day after stunning Canada with a 3-2 victory in a shootout. Boston College’s Ryan Leonard, Denver’s Zeev Buium and Minnesota Duluth’s Max Plante also scored for the Americans. They will be back in action Sunday at Canadian Tire Centre against Finland, then close group play Tuesday night against Canada. Davids Livsics scored for Latvia. Linards Feldbergs stopped 36 shots after making 55 saves against Canada and stopping all eight attempts in the shootout. In the only other game of the day, Czechia beat Kazakhstan 14-2 at TD Place. Czechia and Sweden are both 2-0 in Group B. Matej Mastalirsky, Vojtech Hradec and Jakub Stancl had hat tricks, with Hradec and Stancl also each assisting on two goals. ___ AP sports: https://apnews.com/sports Read more on the World Junior Hockey Championship at thestar.comLOS ANGELES (AP) — Democrats and Republicans agreed on at least one thing before November’s election: California would play a central role in determining control of the U.S. House. Indeed it did. Democrat Adam Gray's come-from-behind victory over Republican Rep. John Duarte in a Central Valley farm-belt district Tuesday — the final House contest decided this year — gave Democrats their third pick-up of a GOP-held seat in the state, a small victory in a for Democrats nationally. While Democratic wins narrowed the gap in the House, Republicans held their ground in two other toss-up contests that helped the GOP defend its fragile majority in Washington. Republicans won 220 House seats this , with Democrats holding 215 seats. Despite falling short of a majority, Democrats stressed that the party will gain seats next year, leaving the chamber even more closely divided. “Netting three seats was a very big deal,” Rep. Pete Aguilar, the third-ranking Democrat in the chamber, who lives in Redlands, east of Los Angeles, said in Washington. Democratic enthusiasm was tempered, however, by turnout figures that lagged the 2020 presidential election in the heavily Democratic state, even with Kamala Harris leading the Democratic ticket in her home state. Also, Republicans made in the state Legislature. Voters overwhelmingly endorsed a that makes shoplifting a felony for repeat offenders again and increases penalties for some drug charges amid frustration over retail crimes, a proposal opposed by some Democrats. The election showed Democrats will need to pay closer attention to issues like crime and the cost of living, even in a state where the party holds every statewide office and dominates the Legislature and congressional delegation, Claremont McKenna College political scientist Jack Pitney said. In the House, Democrats “were hoping that California would push them over the top to gain a majority. But their gains elsewhere were not strong enough,” Pitney added, pointing to GOP wins in North Carolina. Gray won by a margin of less than 200 votes, with election officials reporting Tuesday all ballots had been counted. Duarte in 2022 when he defeated Gray by one of the closest margins in the country, 564 votes. He was often listed among the most vulnerable House Republicans given that narrow margin of victory in a district with a Democratic tilt — about 11 points over registered Republicans. Gray said in a statement: “We always knew that this race would be as close as they come, and we’re expecting a photo finish this year, too.” In other Democratic House gains, first-time candidate Derek Tran ousted Republican Rep. Michelle Steel in a Southern California district anchored in Orange County, while Democrat George Whitesides toppled Republican Rep. Mike Garcia is a district north of Los Angeles. In a district east of Los Angeles, Republican Rep. Ken Calvert again held off Democrat Will Rollins in a repeat of their 2022 contest. And Republican Rep. David Valadao kept his grip on a farm-belt seat, despite its heavy Democratic registration edge. The outcome will leave Republicans with nine of the state's 52 U.S. House seats next year. Although California is often seen as a liberal monolith, a string of House districts has proved volatile in recent elections, spotlighting their importance to both parties. Democrats snatched seven seats from Republicans in 2018, then Republicans seized four from Democrats in 2020. In the 2022 elections, Republicans gained one seat, from 11 to 12, while Democrats dropped to 40 seats from 42, after California lost a House seat in reapportionment after the 2020 census. Overall, the state dropped to 52 districts from 53. The state played a pivotal role in securing the gavel for Republicans in 2022 and .The chief prosecutor, whose identity has not been disclosed, was reportedly apprehended in a sting operation targeting individuals soliciting sex workers. The news has sent shockwaves through the legal and political circles in Heilongjiang province, as such scandalous behavior is deemed highly inappropriate and unethical for a senior official entrusted with upholding justice in the region.Biden says Assad's fall in Syria is 'fundamental act of justice ' but 'a moment of risk'
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