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CISA pivots focus to China-linked threats against critical infrastructure

Dive Brief: The Cybersecurity and Infrastructure Security Agency is sharply focused on threat activity tied to the People’s Republic of China as that country has become the top nation-state cyber adversary to the U.S. China is actively targeting more critical infrastructure, CISA Director Jen Easterly said Wednesday at the Secureworks Threat Intelligence Summit.  China-linked threat actors have…

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Ant's share repurchase plan values firm around $79 billion, down sharply before crackdown By Reuters

© Reuters. FILE PHOTO: Ant Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) -Ant Group on Saturday announced a share repurchase plan that values the fintech giant at 567.1 billion yuan ($78.54 billion), as the management seeks to replenish its staff incentive pool and let some investors exit…

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Lumen’s stock slides toward 37-year low amid doubts company can ‘sharply diverge from its history’

Shares of Lumen Technologies Inc. were extending their declines Tuesday, off 5.2% and on track for their lowest close in 37 years. Even an upgrade from Raymond James analyst Frank Louthan IV failed to convey much optimism for the beaten-down telecommunications name, which has shed 85% of its value over the past 12 months. Changing hands at $1.81 in Tuesday’s session, Lumen’s LUMN, -4.97% stock is on pace to log its lowest close since it traded at that level on Feb. 27, 1986, according to Dow Jones Market Data. See also: Lumen Technologies’ stock sinks after full-year revenue outlook was below expectations Lumen shares “can, and in the short term likely will, decline further (maybe even by significant percentages), but the risk/reward of being at Underperform is low at this point; as such, we would rather be on the sidelines,” Louthan wrote as he lifted his rating on the name to market perform. “Macro factors are more likely to drive the stock than fundamental performance from here, in our view.” Louthan’s upgrade came after Lumen held a Monday investor-day presentation that highlighted the company’s attempts to deal with a business that is largely in decline. “Management outlined a significant number of changes they are implementing to simplify the business, make it easier to interact with customers, and drive broader, more complex solution-based sales,” he wrote. “The question here is not what these products are or how they are different, but one of execution and timing of tangible results.” See also: AT&T’s stock nabs a lukewarm upgrade SVB MoffettNathanson analyst Nick Del Deo described Lumen’s management as “earnest, genuine, committed, and enthusiastic” as they outlined multiyear financial projections at Monday’s event. “To join them, one must believe that Lumen’s results can sharply diverge from its history and the performance of the market in which it operates,” he wrote in a note to clients. “We don’t doubt that many of the steps the company is taking can improve its results. But we’ve also been students of the telecom market for long enough to observe that companies in this space rarely meet their longer-term projections.” In his experience, “market structure has historically been the greatest single determinant of results in this space,” and right now, “the structure of the business wireline market is quite poor.” Del Deo has an underperform rating on Lumen shares. Of the 14 analysts tracked by FactSet who cover Lumen’s stock, two have buy ratings, six have neutral ratings and six have sell ratings, and the company was hard-pressed to find true believers after Monday’s presentation. “ long-term financial targets are generally higher than our estimates, which are unchanged, as we await further execution proof points against its key strategic priorities,” Goldman Sachs analyst Brett Feldman wrote in reiterating a neutral rating. Gregory Williams of TD Cowen, who rates the stock at market perform, said that Lumen’s “execution toward its ‘show me’ 2025 financial stability target is paramount to solve its 2027 debt walls.” See more: Lumen debt exchange shows beaten-down company plans to ‘fight it out’ amid investor doubts Source link Read the full article

this was supposed to go somewhere else but senshi showed up instead

I think they should just keep adding silhouettes onto the Hermitcraft banner when we aren't looking

I love this gay ass show with its literally life ending injuries that heal immediately, but only when convenient to the plot, and its ridiculous use of modern phrases, and its laughing in the face of historical accuracy, and its kissing the face of the fans instead of trying to outwit them, and the way everyone involved in the show seem to go 'I KNOW RIGHT! I'M EXCITED TOO!' instead of mocking the fans

Reading through Witch Hat Atelier, extremely slowly because the art is amazing and I have to stop to marvel at every chapter. Everything about this series is a delight thus far, I would definitely recommend it.

(This is a panel redraw from the first chapter. I'm only on the second.)

Live news updates: UK business confidence falls sharply - Financial Times

Live news updates: UK business confidence falls sharply – Financial Times

Live news updates: UK business confidence falls sharply  Financial Times Source link

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IT stocks fall sharply as revenue growth worries return

IT stocks fall sharply as revenue growth worries return

IT stocks fall sharply as revenue growth worries return The Nifty IT sank 3.2 percent underperforming the benchmark Nifty 50 index, which was down nearly 2.5 percent. The Nifty IT sank 3.2 percent underperforming the benchmark Nifty 50 index, which was down nearly 2.5 percent. Go to Source

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Liver transplants from drug overdose deaths rose sharply during COVID-19 pandemic

Liver transplants from drug overdose deaths rose sharply during COVID-19 pandemic

Credit: CC0 Public Domain Liver transplants from drug overdose donors rose significantly in the pandemic’s first year, helping keep the number of liver transplants in the U.S. stable despite COVID-19 disruptions, according to a study to be presented at Digestive Disease Week (DDW) 2022. “When the pandemic began, we saw no decline in liver transplants, which seemed surprising since many…

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"Black rose for you"

giggling kicking my legs twirling my hair blushing etc etc [x]

i like that she dresses emo but he looks like he hates the world more than she does

shakes putting your fingers in yuuji’s mouth when you ride him :((( watching his eyes roll back when you make him gag on them

ughgh lots of bad takes and depressing stuff on the dash today. here's some trees in early evening light instead