Florida voters on Tuesday approved a major overhaul of the state's property tax system. But the droves of billionaires and other ultrawealthy people who recently moved there are unlikely to notice much of a difference from its headline tax break.
Amendment 3—which raises the homestead exemption on non-school property taxes from $50,000 to $150,000 in 2027 and to $250,000 in 2028—passed with 62% of the vote, according to the ***** ociated Press. Supporters pitched Amendment 3 as relief for everyday homeowners, and for many, it is. But because the exemption is a flat dollar amount, it does far less for the billionaires who turned South Florida into one of the country's wealthiest enclaves.
Take Citadel CEO Ken Griffin, who moved his firm from Chicago to Miami, and Amazon founder Jeff Bezos also moved to Miami in 2023 and has since bought a $237 million compound on Indian Creek, the island nicknamed "Billionaire Bunker." Bezos is also reportedly buying a $69.5 million oceanfront estate in nearby Golden Beach.
Experts told Fortune, though, the bigger factor of Amendment 3 for people like Griffin and Bezos is a less-noticed part: a tighter limit on how fast taxes can rise on second homes, rentals, and other properties that aren't a primary residence. Florida caps how much those properties' taxable values can increase each year, and Amendment 3 cuts that cap from 10% to 5%. In a hot market like South Florida's, that slows tax growth on homes whose values are climbing quickly, and many wealthy buyers own more than one.
But for a billionaire who claims a Florida homestead, the savings from Amendment 3 aren't that noticeable. Raul Gastesi, a real estate attorney and cofounder of Miami law firm Gastesi Lopez Mestre & Cobiella, calculated that at the statewide average non-school tax rate, the expanded exemption will save a homestead owner about $2,085 a year once fully in place. A home ***** sed at $350,000 would see its local services property tax bill fall from about $3,135 to about $1,050. A $50 million homestead would go from about $524,000 to about $522,000.

#Florida #moved

Voters in seven states weighed in on property tax relief measures on Tuesday, part of an ongoing property tax revolt that has developed in recent years as home prices and **** sed values soared while incomes have largely failed to keep up. The outcomes were mixed, with voters in Florida and North Carolina overwhelmingly approving amendments designed to cut or cap taxes, while Wyoming and Oklahoma voters rejected tax-limiting measures.
The split results reflect the complicated trade-offs between limiting unpopular and fast-rising taxes and funding public services.
"Property tax bills are rising far faster than inflation and even home valuations," said Nicole Fox, a policy **** yst at the Tax Foundation. "People are noticing."
Read more: Democrats win Congress, eye healthcare, tariffs, and Trump's allies
The most sweeping effort to lower taxes came in Florida, where 62% of voters approved a major property tax cut that will increase the amount of a home's value that can be exempted from non-school homestead property taxes, effectively eliminating those taxes entirely in some parts of the state.

#measures #rising #tuesday

Sandisk (NASDAQ:SNDK) gave investors two pieces of news on Thursday, Oct. 29. The flash memory company's fiscal first-quarter revenue grew 23% over the previous quarter to $11.0 billion. And the board approved an eight-for-one stock split, with split-adjusted trading expected to start Friday, Nov. 20.
Does a split announcement tell investors anything about where a stock heads next? I checked what happened over the year after eight big-name split announcements, measured from every stock's close on announcement day.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Five of the eight were up one year later, and the median stock rose around 26%. Five also beat the S&P 500. But the results ran from a 43% drop to a 79% gain.
Image source: Getty Images.

#NVIDIA #eight

Girls flag football is now a sanctioned varsity sport in the state of Oregon. The Delegate **** embly of the Oregon School Activities **** ociation unanimously voted to sanction girls flag football during its Monday, Oct.12 meeting. This makes Oregon the 25th state to recognize girls flag football as an official sport.
Oregon joined fellow western states Arizona, California, Nevada and Washington in sanctioning the sport.
Girls flag football debuted in Oregon as an emerging activity during the spring of 2023 with 57 high school programs competing as of the 2026 spring season. The sport will begin its inaugural season as a sanctioned activity in spring 2027. Flag Football is the second sport approved by the OSAA through its emerging activity process. Boys volleyball was the first, in 2025-26.
According to the OSAA website, there are 30 teams listed as full participants for the upcoming 2027 girls flag football season. So far there are no Cowapa League teams on the list.
There are seven 4A schools and two 3A schools, with the rest being from 5A and 6A.

#flag #girls #spring

Three months after revealing plans that it would seek a jersey patch sponsorship, Wright State University announced a deal with Premier Health on Thursday, Oct. 29.
"Premier Health has stood alongside Wright State Athletics for years and this partnership is a profound statement of what that relationship means," said Wright State Athletics Director Brad Chandler in a press release. "All 14 Division I programs will now carry Premier Health on its uniform, connecting our student-athletes with the academic health system that cares for the families in our stands and across our community. We worked hard to bring the first jersey patch sponsorship in the Dayton region to life, and we're proud that it's with a partner that has always shown up for Wright State. This is about more than visibility. It's two Dayton institutions putting their names side by side and investing in the next generation."
The NCAA approved the use of jersey patches in January.
According to an NCAA press release, "Effective Aug. 1, all Division I teams will be permitted up to two additional commercial logos on their uniforms and apparel and one additional commercial logo on equipment during the preseason and regular season, with an additional commercial logo on uniforms and apparel for conference championships. The patches will be limited to a maximum of 4 square inches per logo."
The patches will debut on Monday, Nov. 2, when the Wright State men's basketball team plays Air Force in the Stars, Stripes and Flight Classic at the Nutter Center.

#wright #state #premier #patches

More than 30 counties have already approved the non-binding measure to leave Illinois
Momentum is building in Illinois to form a new state, with more counties ready to vote on leaving because of Chicago’s influence.

#illinois #momentum #Chicago #approved

Barcelona coach Hansi Flick has approved a move for Stuttgart's Finn Jeltsch, setting up a transfer battle with arch-rivals Real Madrid for one of Germany's most promising young centre-backs.
According to Sport, Flick wants Barca to pursue the 20-year-old, who has attracted interest from several European heavyweights after his impressive development in the Bundesliga.
Real Madrid are also monitoring Jeltsch, while Liverpool are reportedly prepared to offer around €50 million to secure his signature.
Barcelona could face major competition if they decide to formalise their interest in the German international.
Flick has identified Jeltsch as a potential target ahead of next summer, as the Barcelona boss continues to use his knowledge of German football to spot promising additions.

#interest

Taylor Swift and Travis Kelce seem to already be having issues with their new neighbors.
Earlier this year, it was reported by the Wall Street Journal that Kelce, 37, purchased a $5.35 million lakefront estate in Ohio, and now home renovations are underway.
The Daily Mail reported on Thursday, October 8, that a planning board meeting was held last month in the village of Bratenahl, just outside Cleveland, and a six-foot fence was unanimously approved despite some objections from those living close by, according to records.
A neighbor by the name of Katherine Bolton reportedly told the Architectural Review Board that Kelce's new purchase was a "tremendous blow" to "the peace and quiet in Bratenahl."
"There's a new owner, who is an absentee owner, who is not going to be here," she said, according to a record of the hearing obtained by the Mail. (The Kansas City Chiefs tight end and pop star, 36, weren't named.)

#bratenahl #reported #swift

When the temperature drops, Kate Middleton's wardrobe becomes a masterclass in fall dressing. The Princess of Wales has a talent for making even the most practical coat look incredibly chic, whether she's attending an official royal engagement or enjoying a casual day outdoors.
And while her wardrobe includes plenty of designer pieces, it's her approach to styling that makes her outfits so appealing. Think beautifully tailored silhouettes, rich autumn colors, knee-high boots, and accessories that pull everything together without looking overdone.
From chic trench coats to statement tartan, Kate Middleton knows how to make fall outerwear look effortlessly elegant. Here are four royal-approved looks worth copying. (@ Getty Images)
Kate's fall fashion also proves that a great coat can do most of the work. Throw one over a simple sweater and trousers, add a pair of polished boots, and suddenly an everyday outfit feels much more sophisticated.
From a classic navy trench to a statement plaid design, these four Kate Middleton coat looks offer plenty of inspiration for your next autumn outfit.

#royal #plenty

It will be the first U.S. military execution in more than 60 years.
Nidal Hasan, who was sentenced to death for the 2009 mass shooting at Fort Hood, Texas, will be executed by firing squad on Dec. 3, according to a memo from the acting Army secretary.
The execution, the first carried out by the U.S. military in more than 60 years, is scheduled for 1 p.m. CT, according to the memo issued Tuesday by acting Army Secretary Adam Telle.
The Pentagon announced Monday that Hasan would be executed by firing squad after President Donald Trump approved the decision Friday.
Under the military’s execution process for prisoners on death row, the Army secretary initiates the proceedings, which then require approval from the defense secretary and eventually the president.

#military

A federal judge has granted final approval to AT&T's $177 million settlement resolving lawsuits over two 2024 data breaches that exposed personal information belonging to millions of customers.
U.S. District Judge Sidney Fitzwater in Dallas approved the settlement Oct. 2, along with $59 million in attorneys' fees for lawyers who negotiated the deal, according to Reuters. The settlement faced dozens of objections, including arguments that the amount was inadequate compared to a $350 million settlement in separate litigation involving T-Mobile.
For AT&T customers who filed valid claims, the amount they receive depends on which data breach affected them, what information was exposed and whether they can document financial losses. Most customers receiving the tiered cash payments are expected to get far less than the settlement's advertised maximums.
Customers could receive between about $6.50 and $40 through the tiered payment system, according to court documents. Here's what to know.
The settlement has two funds totaling $177 million: $149 million for customers affected by the first data incident, known as AT&T 1, and $28 million for customers affected by the second incident, known as AT&T 2.

#million #settlement #information

Paramount completed its $111bn acquisition of Warner Bros Discovery on Tuesday, consolidating some of the world's most recognizable studios and news outlets after a bidding war with Netflix and months of legal turmoil.
The new company, now called Skydance, will have David Ellison, the son of a billionaire tech mogul, at its helm, with the former CEO of Mattel, Ynon Kreiz, as co-executive. They will oversee Paramount and Warner Bros' movie studios, HBO Max, CBS News and CNN.
"Today is a historic day, not just for Skydance but for our entire industry," Ellison said in a statement. "From the start, our ambition was to bring these two storied studios together and create a stronger competitor, with the talent, resources, and reach to tell great stories in every genre, on every platform, for audiences everywhere. Now that ambition is a reality."
The consolidation of Paramount and Warner Bros combines two of the last five legacy studios in Hollywood, which includes Disney, Universal Pictures and Sony Pictures.
Though the merger was approved in June, California, New York and 10 other states sued Paramount over concerns that the move would "extinguish" competition and lead to fewer movie theaters in theaters and at home.

#studios #ellison

Nidal Malik Hasan, a former Army major who killed 13 people in a 2009 mass shooting at Fort Hood, Texas, will be executed by firing squad, the Pentagon announced Monday.
"Secretary of War Pete Hegseth has recommended — and President Donald J. Trump has approved — death by U.S. Army firing squad for convicted terrorist Nidal Malik Hasan, the jihadist who opened fire on unarmed American soldiers at Fort Hood in 2009," chief Pentagon spokesman Sean Parnell wrote on X.
He added, "The Secretary of the Army will set the time and place of the execution. Judgement day for Hasan has finally come."
The U.S. military has not carried out an execution since 1961 and has not used a firing squad to execute a service member since World War II.
The announcement of Trump's approval came days after a failed attempt to execute Christa Pike by lethal injection. The failed execution prompted Tennessee's governor to halt further executions this year and order a third-party review.

#firing #squad #nidal #fort

STOCKHOLM (AP) — Belgian-born scientist Francis Halzen won the ***** el Prize in physics Tuesday for his efforts to demystify a rare group of neutrinos, tiny cosmic particles that researchers believe offer clues to how the universe evolved.
"It was a great surprise, and I obviously didn't expect it," Halzen said, speaking to the ***** el Physics Committee by phone from Italy, in a call broadcast at the news conference to announce the winner.
Halzen said it was predicted that he would win the prize, but the announcement still made him feel "strange."
"I am working on a proposal, and I hope that this prize will help getting it approved," he said to chuckles from the audience.
Neutrinos are tiny cosmic particles with no electrical charge and extraordinarily small mass, making them difficult to detect. Yet they are everywhere: They spew from stars like the sun, and trillions zip through our bodies every second.

#neutrinos

Nidal Malik Hasan, a former Army officer and psychiatrist who killed 13 people and injured 32 others during a mass shooting at Fort Hood, Texas, in 2009, will be executed by a U.S. Army firing squad, the Pentagon announced Monday.
"Secretary of War Pete Hegseth has recommended — and President Donald J. Trump has approved — death by U.S. Army firing squad for convicted terrorist Nidal Malik Hasan, the jihadist who opened fire on unarmed American soldiers at Fort Hood in 2009," Chief Pentagon Spokesman Sean Parnell announced. "He killed 13 people and wounded 32 others while shouting 'Allahu Akbar' during the attack.
"The Secretary of the Army will set the time and place of the execution," he continued. "Judgement day for Hasan has finally come."
If Hasan's execution is indeed carried out by a firing squad, it would mark the first such case for the service since Jan. 31, 1945, when Pvt. Eddie D. Slovik was executed by a U.S. Army firing squad in France for desertion during World War II.
The last death sentence carried out by the U.S. military was in 1961, when Army Pvt. John Bennett was executed by hanging at the gallows in Fort Leavenworth, Kansas, after he was convicted of raping and attempting to kill a young girl.

#fort #firing #malik

The Trump administration is airing campaign-style television ads using money Congress approved for border security upgrades, efforts to combat drug trafficking and memorials for officers killed in the line of duty, according to federal spending records.
Democrats say the ads break multiple federal laws by using taxpayer money for political purposes that Congress never authorized. The White House defends the ads as public service announcements.
One of the spots closely resembles a 30-second video produced by the Trump campaign in 2024. The latest ad features President Donald Trump and Defense Secretary Pete Hegseth advocating for the Iran war. They feature disclosures saying they are “Paid for by the U.S. Government.”
On Sept. 19, a few days before the ads began airing, the White House Office of Management and Budget added $20 million to a Department of Homeland Security budget line designated for “commemorative events,” according to publicly disclosed OMB data. Congress approved the spending for those events in Trump’s 2025 domestic spending package, known as the One Big Beautiful Bill, and intended it for “Line-of-Duty death memorials, Department or agency anniversaries, and commendation ceremonies,” according to a House budget committee report.
The next day, Sept. 20, DHS awarded a $20 million contract for a “national media campaign” to the LMD Agency, a Maryland-based public relations and media firm that had previously worked for the department. The company did not respond to requests for comment.

#Trump

Tom Sandoval has secured a two-year restraining order against ex-girlfriend Victoria Lee Robinson after months of legal filings stemming from a June confrontation at their Los Angeles home.
A Los Angeles judge approved the order on Oct. 1, extending protection for Sandoval through Oct. 1, 2028. Page Six obtained the court documents detailing the new restrictions.
The order follows the temporary protection Sandoval received in June after accusing Robinson and her father, J. Will Robinson, of attacking him. Victoria Robinson was arrested after police responded to the June 3 confrontation and was released the same day.
Robinson later filed her own domestic violence restraining-order request, accusing Sandoval of physical and verbal abuse during their relationship. Sandoval has denied her allegations.
The new order requires Robinson to remain at least 100 yards away from Sandoval, his home and his workplace. She cannot contact him directly or indirectly by phone, mail, email, text message or other electronic communication.

#order #Victoria #restraining #protection

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Coat season is here, and while autumn may have some reaching for their trench coats, Kylie Jenner just put her stamp of approval on another trending outerwear style: the car coat.
The it-girl approved staple has been having quite a moment. With its easy, light fit, mid-length design, and sleek silhouette, it makes for a totally versatile piece that goes well with just about anything. The style was born in the 1900s, and its name came as it was designed to allow easy movement for its wearer while driving or using transportation.
Now, decades later, the car coat has found its way to the hottest runways: Prada, Dries Van Noten, Lemaire, Meryll Rogge, and Tory Burch, to name a few. Even Burberry, best known for its polished khaki trenches, has reimagined the car coat with funky prints for the modern It girl (or It boy).
All this to say that Jenner's seemingly trivial outerwear choice—for her girls' night with Stas Karanikolaou at Sushi Park in Los Angeles—actually has a long and rich fashion history behind it. (Her sister Kendall Jenner is also a fan of the staple.)
The Khy founder styled her sharp beige car coat with a little white tee and straight-leg blue jeans in a light wash. For footwear, she traded her go-to thong sandals for a pair of strappy black heels. And to match, she carried a slouchy black leather tote. Rosy blush, paired with a bronze eye and lip, completed her effortless look.

#outerwear #name #black

The Council on American-Islamic Relations (CAIR), antifa and the Muslim Brotherhood will be labeled domestic terrorist organizations under a new state law, after Florida leaders OK'd the designations at their Sept. 29 meeting.
These designations were in a 427-page packet submitted by the Florida Department of Law Enforcement for approval by Gov. Ron DeSantis and Florida Cabinet members: Attorney General James Uthmeier, Agriculture Commissioner Wilton Simpson and state Chief Financial Officer Blaise Ingoglia.
The packet also named numerous other groups labeled by the federal government as foreign terrorist organizations.
Although the Governor and Florida Cabinet approved these notices without any discussion, these designations don't come as a surprise. Weeks earlier, the governor and Cabinet approved an emergency rule setting procedures under a new state law (HB 1471) allowing them to designate terror groups.
Additionally, the day this law took effect, DeSantis announced his intentions to declare CAIR, the country's largest Muslim advocacy group, and antifa as domestic terror groups.

#Florida #muslim #governor

It's been a disappointing couple of years for shareholders of biotechnology outfit CRISPR Therapeutics (NASDAQ: CRSP). This stock's barely up since the end of 2022, lagging the broad market's gains. It's not the performance that investors keeping tabs on this company were expecting, given its potential.
Don't be discouraged, though. While still speculative like most young biotech names, CRISPR Therapeutics remains a compelling prospect for investors who can stomach the risk and its inevitable volatility. Here's why.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
On the off-chance you're reading this and aren't already familiar with the company, CRISPR Therapeutics is a drug developer that specializes in gene editing.
It's probably an area you've heard a great deal about. No gene-editing drugs were actually on the market in the United States until CRISPR Therapeutics' Casgevy was approved by the FDA as a treatment for sickle cell disease in late 2023. Any and all gene therapies currently on the market followed this pioneer's foray. Being first is a well-deserved accolade for the company, too, which was co-founded by Dr. Emmanuelle Charpentier, who was one of the co-discoverers of the CRISPR/Cas9 gene-editing mechanism that makes Casgevy work.

#crispr #gene #company

Merck (MRK) stock returned about 87% over the past twelve months, climbing from roughly $79 to about $147. Nothing in the year's results looks like that. The medicines Merck sells today grew at their usual pace. Investors spent the year repricing what comes next.
Revenue over the trailing twelve months was $66.6 billion, up 4.6% and in line with its own three-year pace. Profitability did not follow. Its operating margin over the same twelve months was 10.5%, versus a three-year average of 22.4%.
Most of that gap is one purchase. Merck took a $5.7 billion charge in the second quarter of 2026, about 9% of a year's sales. It bought Terns Pharmaceuticals, and with it MK-4208, a candidate for chronic myeloid leukemia. The bill hits earnings now and the medicine arrives later.
The proof matters because of the risk hanging over this stock. The KEYTRUDA family was just over half of Merck's revenue in the second quarter of 2026. The company is openly planning for the end of that exclusivity when Keytruda loses primary U.S. patent protection in 2028. Management describes the stretch as more of a hill than a cliff, with a shallow dip and a fast return to growth.
Johnson & Johnson (JNJ) returned 56% over the same twelve months and Pfizer (PFE) 23%, so a good year for pharmaceuticals explains some of this but not Merck's lead. What separated Merck was evidence. The FDA approved LIPFENDRA, the first and only oral PCSK9 inhibitor. In the CORALreef Lipids trial it lowered LDL cholesterol by up to 60% when added to a statin.

#year #johnson

UEC holds $488M cash with zero debt and actual uranium production; NXE's 257M lb Arrow deposit draws 16 unanimous ***** yst buy ratings averaging $19.
Utilities are structurally short contracted uranium pounds, and the last US mine permitting took 14 years, which helps explain why in-ground resources command extreme revenue multiples.
Denison's Phoenix is Canada's first uranium mine approved for construction in 20 years, with 8M+ lbs already contracted and first production targeted for mid-2028.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and NexGen Energy didn't make the cut. Enter your email to see the names that beat NXE. The report is free. Enter your email and see if any of your stocks made the cut.
Uranium mining is the narrow end of the funnel feeding the AI-driven reactor buildout. On April 23, the U.S. Department of Energy launched the Nuclear Dominance 3x33 campaign to secure the domestic nuclear fuel supply chain and support future reactor deployment, and utilities are staring at a widening long-term supply gap while a Russian enriched-uranium ban takes hold.

#enter #contracted

The State Department's approval of two potential arms sales to Saudi Arabia totaling $5.75 billion, including JDAM-ER munitions and AGT-1500 tank engines, offers a modest but meaningful data point for two very different defense players. For The Boeing Company (NYSE:BA), the potential sale represents an additional international defense opportunity as the company continues working through margin pressure elsewhere. For Honeywell Aerospace Inc. (NASDAQ:HONA), the package reinforces a stable business line while the firm tackles its first quarter as a standalone public company.
The State Department approved a potential $5 billion sale of JDAM-ER guidance kits and bombs to Saudi Arabia, along with a separate potential $750 million deal for AGT-1500 tank engines. The JDAM package consists of 5,004 KMU-572 and 5,000 KMU-556 JDAM guidance kits and 5,004 BLU-111 and 5,000 BLU-117 bombs. Boeing has been identified as the principal contractor for the JDAM-ERs, with Honeywell handling the engines. The State Department said the sales would strengthen Saudi Arabia's airborne defense capabilities and improve interoperability with U.S. and Gulf partner forces.
Boeing stands to gain only modestly from the deal, given its roughly $85 billion Defense, ******* e and Security backlog. International orders already account for 27% of that total. The segment reported a second-quarter operating loss, largely due to charges tied to the VC-25B (Air Force One) program. That makes mature, lower-risk munitions programs such as JDAM-ER a more dependable part of the portfolio, though the deal is unlikely to have a meaningful impact on margins. For Honeywell Aerospace, the contract is smaller, but the AGT-1500 fits within its established defense propulsion business. It also adds to the company's international defence business, which makes up about 30% of its total Defense and ******* e revenue.
Honeywell Aerospace is owned by 74 hedge funds as of Q2 2026, which is consistent with Honeywell (NASDAQ:HON) hedge fund ownership prior to the spinoff. Unlike Honeywell, the number of hedge funds holding Boeing stock dropped from 99 at the end of the first quarter of fiscal 2026 to 90 at the end of Q2 2026.
Neither potential sale is large enough to have a meaningful impact on either company's short-term results by itself. Still, each supports a different investment story. For Boeing, the potential sales add to international defense exposure if finalized, as its defense unit continues dealing with fixed-price losses. For Honeywell, they support the steady flow of high-margin legacy revenue across its broader defense franchise.

#international #saudi

On August 6, Millicom International Cellular (NASDAQ:TIGO) released its second-quarter 2026 results, and the numbers pulled in two directions at once. Revenue jumped 59.4% year over year to $2.18 billion, while Adjusted EBITDA crossed $1 billion for the first time in the company's history at $1.01 billion, up 58% from a year earlier. Yet net profit attributable to company owners fell 83.9% to just $109 million. Investors weighing this quarter have to decide which of those two stories actually describes the business.
The headline figures are hard to ignore. Service revenue reached $2.04 billion in the quarter, up 60.1% year over year, while H1 2026 revenue climbed to $4.16 billion from $2.74 billion a year earlier, a 52.3% increase. Equity free cash flow hit a quarterly record of $327 million, up 50.1% from a year ago, and leverage actually fell to 2.73x even after Millicom absorbed acquisitions in Colombia, Ecuador and Uruguay. That combination, rising cash generation alongside falling leverage during an acquisition spree, is the kind of signal that tends to matter more than a single quarter's headline growth rate.
Management is backing that signal with cash. Millicom already declared a $3.00 per share dividend in May, to be paid out quarterly over the next 12 months, and on August 5, the board approved an additional interim dividend of $1.50 per share, split into two $0.75 installments due January 15, 2027, and April 15, 2027. The company also raised its full-year 2026 equity free cash flow guidance from at least $900 million to around $1.1 billion, while lowering its year-end leverage target from about 2.5x to below 2.5x. CEO Marcelo Benitez pointed to Ecuador and Uruguay as evidence the integration playbook works, saying both markets have reached margins and cash generation broadly in line with the Millicom average, with Colombia and Chile now showing early improvement on the same path.
Strip out the acquisitions, and the picture looks far less dramatic. Organic revenue growth was just 4.3% in the quarter and 4.2% for the first half, a fraction of the 59.4% and 52.3% reported figures. Most of what shows up in the headline number is Millicom buying its way to a bigger top line, not the existing business accelerating on its own.
The profit line raises a separate question. Net profit attributable to company owners dropped to $109 million from $676 million a year earlier, and the first-half figure fell 74.9% to $218 million from $869 million, even as EBITDA and cash flow set records over the same stretch. That gap between a surging EBITDA number and a collapsing bottom line is the kind of divergence that deserves scrutiny rather than a shrug. Capital spending is climbing too, up 51.2% to $234 million in the quarter and 48.8% to $426 million for the half, running well ahead of the organic growth rate it is meant to fund. And the balance sheet is still in motion: in July 2026, Bolivia took on five new local bank loans totaling roughly $44 millio

On September 8, 2026, Reuters reported that NIKE, Inc. (NYSE:NKE) shareholders rejected a proposal urging greater transparency on how the company plans to meet its 2030 emissions-reduction targets, despite support from Norway's sovereign wealth fund, Nike's 11th-largest shareholder.
Nike's board had urged a "no" vote, arguing management is "best positioned to determine the targets and related disclosures that are appropriate." Shareholders separately approved the company's executive compensation proposal, including pay for CEO Elliott Hill, in a vote that had faced some opposition.
The failed climate proposal gives NIKE, Inc. (NYSE:NKE)'s management more flexibility to focus on its operational turnaround. Shareholders rejected the request for greater disclosure on how Nike plans to meet its 2030 emissions targets. It allows CEO Elliott Hill and his team to prioritize product innovation, sales recovery, and market-share gains. Nike faces significant operational challenges. So management could benefit from directing more resources toward restoring growth and profitability.
Nike has already made measurable progress toward its environmental targets. It limits the immediate financial impact of the rejected proposal. The company reported an 11% reduction in supply-chain emissions from its 2015 baseline in fiscal 2024, while its 2030 targets call for a 65% reduction in operational emissions and a 30% reduction across its supply chain. This progress gives Nike evidence that it is chasing its climate goals even without expanding its current disclosure.
Shareholders' approval of Elliott Hill's compensation package shows support for Nike's leadership despite the difficult turnaround. Investors approved more than $36 million in total compensation for Hill for fiscal 2026, even though Norway's wealth fund and major proxy advisers opposed the package. Shareholder support gives Hill greater room to execute his strategy as Nike works to stabilize sales, rebuild its market position, and restore long-term earnings growth.

#reduction #elliott #greater

Logistic Properties of the Americas (NYSEAMERICAN:LPA) moved closer to selling Parque Logístico Lima Sur after Peru's antitrust authority, INDECOPI, approved the transaction on September 11. FIBRA Prime would acquire the entire 1.3-million-square-foot logistics park for $145 million. Customary administrative closing matters remain outstanding.
Management expects approximately $85 million of net proceeds after debt repayment and before taxes, with Mexico the intended destination. Approval advances the financing of that expansion, while the investment case rests on replacing an established income stream.
Lima Sur generated $10.3 million of cash net operating income, or cash NOI, during the 12 months ended March 31, 2026. Cash NOI is a company-defined non-IFRS measure of property income after operating expenses, adjusted to remove straight-line rental accounting. It excludes corporate overhead, financing costs, income taxes, and other non-property items.
Logistic Properties of the Americas (NYSEAMERICAN:LPA) has demonstrated an ability to develop, lease and operate logistics ***** ets. Second-quarter revenue increased 26.1% to $14.7 million, while stabilized portfolio occupancy reached 100% as of June 30.
Mexico already contributes revenue. Two properties acquired in Puebla in August 2025 generated approximately $0.5 million during the second quarter. That provides an operating foothold for deploying proceeds.

#cash #logistic #nyseamerican #Mexico

President Donald Trump's administration says it has approved the sale of nearly 50 F-35 fighter jets to Saudi Arabia in a policy shift for the US that has raised concerns from some members of Congress.
Saudi Arabia has sought for years to buy the world's most advanced warplane, equipped with stealth technology that allows it to evade enemy detection.
Washington had resisted, partly because it supplies F-35s to its ally Israel, which is guaranteed under US law to receive top-of-the-range American weapons compared with those its regional neighbours can access.
Congress has 30 days to scrutinise or attempt to block the $24bn (£17.8bn) sale to Riyadh, which is the largest customer for US weapons.
Representative Raja Krishnamoorthi of Illinois, a Democrat, opposed the sale on Thursday.

#saudi

Pharming Group N.V. (NASDAQ:PHAR) announced on September 11 that the U.S. Food and Drug Administration approved Joenja for children aged 4–11 with activated PI3K delta syndrome, or APDS, who weigh at least 27 kilograms. APDS disrupts immune function.
The new 40 mg and 50 mg tablet strengths expand dosing options for Joenja, or leniolisib. The pediatric regimen also includes 70 mg twice daily for children weighing at least 45 kilograms. Pharming Group N.V. (NASDAQ:PHAR) expects the new strengths in October through its existing distribution and patient-support network.
The expansion arrives as the revenue mix shifts. Second-quarter Joenja revenue increased 40% year over year to $17.9 million, while RUCONEST revenue declined 10% to $72.3 million. Total revenue fell 3% to $90.2 million. Joenja's growth is substantial, but the larger franchise still determines much of the overall result.
Pharming Group N.V. (NASDAQ:PHAR) can bring the pediatric doses to market through an established commercial platform. Distribution relationships and patient support are already in place, which could allow additional sales without duplicating the infrastructure required for an entirely new product.
The opportunity is to spread those capabilities across more eligible patients while maintaining support for existing users. Incremental revenue could improve commercial efficiency, although pediatric servicing costs will still matter.

#revenue #NASDAQ #joenja #pediatric

KYIV, Sept 16 (Reuters) - The U.S. International Development Finance Corporation approved an €85 million ($97.5 million) loan to Ukraine's largest private energy company, ‌DTEK, to expand its battery storage, DFC and DTEK said on ‌Wednesday.
It is the DFC's largest loan for Ukraine's energy sector since the start of Russia's invasion in 2022.
"This €85 million loan means we can release more funds to build more battery storage and other projects," said Maxim Timchenko, the chief executive officer of DTEK. "For me, the financial part is very important, but much more ‌significant is this signal that ⁠DFC is ready to support Ukraine and DTEK."
"They have made an ***** sment of the risk, understand how to manage ⁠it, and are saying that private investors should follow," he said.
DFC's chief executive, Ben Black, said in a statement that U.S. President Donald Trump had empowered the DFC to proceed with the investment.

#battery

By Andrea Shalal
WASHINGTON, Sept 16 (Reuters) - The U.S. International Development Finance Corp on Wednesday approved a $500 million trade financing facility that will help U.S. companies access emerging markets in ‌South America, Southeast Asia and Africa, the agency's chief executive, Ben Black, said.
The facility, ‌approved by the DFC's board, will offer counter-guarantees in partnership with the World Bank's International Finance Corp, its private-sector arm, and its Global Trade Finance Program, Black told Reuters.
"The goal is trying to expand the program and further grow U.S. exports," he said in an interview.
Under Black's leadership, DFC has expanded its investment cap to $205 billion and shifted its focus from traditional poverty alleviation toward mining, extractive industries, energy and digital infrastructure, ‌with an eye to countering ⁠China's global influence and securing vital supply chains for the U.S.

#trade #global #program #approved