Latest news with #Ellenbogen
BBC News
a day ago
- BBC News
Boy found guilty of Harvey Willgoose murder at Sheffield school
A 15-year-old boy has been found guilty of murdering a fellow pupil he stabbed at a school in Sheffield during their lunch Willgoose, who was also 15, died when he was stabbed in the heart at All Saints Catholic High School on Monday 3 jury in a month-long trial at Sheffield Crown Court was told that Harvey was attacked following a confrontation between the pair during a lesson earlier that defendant, who cannot be named due to his age, had admitted manslaughter and possession of a knife but had denied murdering the teenager. He was found guilty by a majority verdict of 11 to 1. Following the verdict, the judge, Mrs Justice Ellenbogen, told the the boy he would likely be sentenced in the trial, jurors heard Harvey had been attacked in the school's courtyard after the two teenagers had quarrelled over social media in the days beforehand. This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking on X to get the latest alerts.
The Independent
4 days ago
- The Independent
Jury retires in trial of 15-year-old boy accused of murdering student in school
The jury has gone out to begin its deliberations in the trial of a 15-year-old boy accused of murdering teenager Harvey Willgoose in a Sheffield secondary school. The defendant, who cannot be named, has admitted the manslaughter of Harvey, also 15, who was stabbed to death at All Saints Catholic High School on February 3. The boy denies murder and has been on trial for the last month. On Tuesday, judge Mrs Justice Ellenbogen completed her summing-up of the case and sent out the jury of four men and eight women to start its deliberations. The stabbing of Harvey by the boy in a courtyard during the school's lunch break was captured on CCTV and the footage has been viewed by jurors multiple times. It shows how he was stabbed twice and the court has heard how one of these blows cut through one of his ribs and pierced his heart. Jurors heard how immediately after the stabbing the defendant told All Saints' headteacher Sean Pender: 'I'm not right in the head. My mum doesn't look after me right.' The boy told the jury from the witness box that this was not right and he had said 'my head's not right' to Mr Pender. The school's assistant head, Morgan Davis, took the knife off the defendant and heard him say 'you know I can't control it', which the teacher took to be a reference to his anger issues, given previous incidents of violent behaviour at school, the court heard. The jury was told how Harvey and the defendant fell out following an incident in the school five days before the fatal stabbing on January 29. On that day, the defendant tried to intervene in an altercation involving two other boys and had to be restrained by a teacher. When he claimed one of these boys had a knife, a lockdown was declared and police were called, although no weapon was found. Harvey was not at school that day and stayed off for the rest of the week, texting his dad: 'Am not going in that school while people have knives.' Over the weekend before the stabbing, Harvey and the defendant fell out on social media, with each siding with a different boy involved in the lockdown incident. When the defendant returned to school in Monday February 3, he was asked by Mr Davis whether he had anything he should not, but he said he did not. The jury has heard about a series of encounters between Harvey and the defendant that morning before the defendant pulled out the knife and used it just after the start of the lunch break, which began at 12.10pm. The court was shown images and video found on the defendant's phone which captured him posing with knives and other weapons, and was told how he had used search terms relating to weapons on the internet. Richard Thyne KC, prosecuting, told jurors: 'You may think the searches aren't conducted by someone who has a specific and deep-rooted fear of someone, but by someone who's become obsessed.' The defendant told jurors how he decided to carry a knife for protection as he feared other teenagers he believed were carrying weapons. His barrister Gul Nawaz Hussain KC told the jury that the defendant 'snapped' after years of bullying and 'an intense period of fear at school'. Mr Hussain told jurors: 'Tragically, Harvey was a combination of being the final straw that broke (the defendant) and the unintended face of a series of threats of violence and bullying he had suffered in recent months. 'We say he suffered a loss of control which resulted in horrific and tragic consequences.'
Yahoo
22-03-2025
- Business
- Yahoo
Is RBC Bearings (RBC) the Top Stock to Buy According to Durable Capital Partners?
We recently published a list of . In this article, we are going to take a look at where RBC Bearings Incorporated (NYSE:RBC) stands against other top stocks to buy according to Durable Capital Partners. Durable Capital Partners is a Maryland-based hedge fund management firm founded in the second quarter of 2019 by Henry Ellenbogen. The firm primarily follows a long-term equity investment strategy, with a focus on early-stage and durable growth in small- and mid-cap equities across public markets. Ellenbogen, who serves as the Managing Partner and Chief Investment Officer, leads the firm's investment approach. Ellenbogen established Durable Capital Partners in 2019 and currently holds the roles of Managing Partner and Chief Investment Officer. Before founding Durable, he spent nearly two decades at T. Rowe Price Associates, Inc., where he served as Vice President and Chief Investment Officer for U.S. Equity Growth. During his tenure, he led the U.S. Small-Cap Growth Equity Strategy and managed the New Horizons Fund. Additionally, he was an active member of the U.S. Equity Steering Committee and the Corporate Governance Committee for U.S. Equity. Between 2001 and 2019, Ellenbogen spearheaded private market investments in several high-profile companies. His leadership at the New Horizons Fund contributed to its recognition with multiple industry awards. Notably, the fund received Investor's Business Daily's Best Mutual Funds Award in 2018 across categories such as U.S. Diversified Equity Funds, Growth Funds, and Small-Cap Funds. Additionally, it earned the Thomson Reuters Lipper Fund Award for Best Small-Cap Growth Fund over a ten-year period (2017), a five-year period (2016), and both five- and ten-year periods (2013). Prior to his investment career, Ellenbogen served as Chief of Staff for U.S. Representative Peter Deutsch and gained experience as a Summer Associate at Goldman Sachs. Academically, he graduated magna cum laude from Harvard College with a degree in History and Science. He later earned a J.D. from Harvard Law School and an MBA from Harvard Business School, where he was recognized as a Baker Scholar. Additionally, he has taught as an adjunct professor at New York University's Graduate School of Politics. Ellenbogen is a member of the Barron's Roundtable and contributes to the Investment Committee of the Smithsonian Institution. He also serves as Chairman of the Board for The Posse Foundation. According to its most recent 13F filing for the fourth quarter of 2024, Durable Capital Partners reported $12.26 billion in managed 13F securities, with its top 10 holdings accounting for 47.59% of its portfolio. The stocks discussed below were picked from Durable Capital Partners's Q4 2024 13F filings. They are compiled in the ascending order of the hedge fund's stake in them as of December 31, 2024. To assist readers with more context, we have included the hedge fund sentiment regarding each stock using data from over 1,000 hedge funds tracked by Insider Monkey in the fourth quarter of 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A skilled machinist inspecting a precision bearing for a aerospace/defense application. A manufacturer and distributor of precision bearings and related products used in aircraft and mechanical systems, RBC Bearings Incorporated (NYSE:RBC)'s product portfolio includes plain bearings, roller bearings, ball bearings, and engineered components. For the third quarter of fiscal 2025, which ended on December 28, 2024, the company reported adjusted earnings of $2.34 per share, surpassing the consensus estimate of $2.20. This marks a 26.5% increase compared to the previous year's adjusted earnings of $1.85 per share, driven by revenue growth. The company generated $394.4 million in revenue for the quarter, reflecting a 5.5% year-over-year increase, though slightly below the consensus estimate of $401 million. At the end of the quarter, RBC Bearings Incorporated (NYSE:RBC) reported a backlog of $896.5 million, up from $864 million at the end of the second quarter of fiscal 2025. RBC Bearings Incorporated (NYSE:RBC) operates in two primary segments: Aerospace/Defense and Industrial. In the third quarter, Industrial segment revenue reached $143.2 million, accounting for 63.7% of total revenue and reflecting a 2.7% year-over-year increase. The Aerospace/Defense segment contributed $149.1 million, or 36.3% of total revenue, representing a 10.8% increase from the previous year. Looking ahead, the company projects fiscal fourth-quarter net sales between $434 million and $444 million, signaling a year-over-year growth of 4.9% to 7.3% compared to $413.7 million in the same period last year. Overall, RBC ranks 1st on our list of top stocks to buy according to Durable Capital Partners. While we acknowledge the potential for RBC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than RBC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
22-03-2025
- Business
- Yahoo
Is Booking Holdings Inc. (BKNG) the Top Stock to Buy According to Durable Capital Partners?
We recently published a list of . In this article, we are going to take a look at where Booking Holdings Inc. (NASDAQ:BKNG) stands against other top stocks to buy according to Durable Capital Partners. Durable Capital Partners is a Maryland-based hedge fund management firm founded in the second quarter of 2019 by Henry Ellenbogen. The firm primarily follows a long-term equity investment strategy, with a focus on early-stage and durable growth in small- and mid-cap equities across public markets. Ellenbogen, who serves as the Managing Partner and Chief Investment Officer, leads the firm's investment approach. Ellenbogen established Durable Capital Partners in 2019 and currently holds the roles of Managing Partner and Chief Investment Officer. Before founding Durable, he spent nearly two decades at T. Rowe Price Associates, Inc., where he served as Vice President and Chief Investment Officer for U.S. Equity Growth. During his tenure, he led the U.S. Small-Cap Growth Equity Strategy and managed the New Horizons Fund. Additionally, he was an active member of the U.S. Equity Steering Committee and the Corporate Governance Committee for U.S. Equity. Between 2001 and 2019, Ellenbogen spearheaded private market investments in several high-profile companies. His leadership at the New Horizons Fund contributed to its recognition with multiple industry awards. Notably, the fund received Investor's Business Daily's Best Mutual Funds Award in 2018 across categories such as U.S. Diversified Equity Funds, Growth Funds, and Small-Cap Funds. Additionally, it earned the Thomson Reuters Lipper Fund Award for Best Small-Cap Growth Fund over a ten-year period (2017), a five-year period (2016), and both five- and ten-year periods (2013). Prior to his investment career, Ellenbogen served as Chief of Staff for U.S. Representative Peter Deutsch and gained experience as a Summer Associate at Goldman Sachs. Academically, he graduated magna cum laude from Harvard College with a degree in History and Science. He later earned a J.D. from Harvard Law School and an MBA from Harvard Business School, where he was recognized as a Baker Scholar. Additionally, he has taught as an adjunct professor at New York University's Graduate School of Politics. Ellenbogen is a member of the Barron's Roundtable and contributes to the Investment Committee of the Smithsonian Institution. He also serves as Chairman of the Board for The Posse Foundation. According to its most recent 13F filing for the fourth quarter of 2024, Durable Capital Partners reported $12.26 billion in managed 13F securities, with its top 10 holdings accounting for 47.59% of its portfolio. The stocks discussed below were picked from Durable Capital Partners's Q4 2024 13F filings. They are compiled in the ascending order of the hedge fund's stake in them as of December 31, 2024. To assist readers with more context, we have included the hedge fund sentiment regarding each stock using data from over 1,000 hedge funds tracked by Insider Monkey in the fourth quarter of 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A fast-paced travel agent making a bookings for a family vacation package. Booking Holdings Inc. (NASDAQ:BKNG) is a leading American travel technology company. On February 20, 2025, the company reported robust financial results for the final quarter of 2024, with revenue reaching $5.47 billion—an increase of 14% from the prior year. This figure exceeded analyst projections of $5.19 billion, reflecting Booking's strong market position. The company also delivered adjusted earnings of $41.55 per share, significantly outperforming the consensus estimate of $36.70. Gross bookings for the quarter totaled $37.2 billion, surpassing analysts' expectations of $34.5 billion. Both revenue and earnings per share displayed notable year-over-year growth, showcasing the company's continued strength in the travel and hospitality industry. Alongside its earnings announcement, Booking Holdings Inc. (NASDAQ:BKNG) unveiled a newly authorized $20 billion stock repurchase program, supplementing the $7.7 billion remaining from its previous buyback initiative as of year-end 2024. Looking ahead, the company anticipates revenue growth between 2% and 4% year-over-year in the first quarter of 2025, with gross bookings projected to rise by 5% to 7%. For the full year, Booking Holdings Inc. (NASDAQ:BKNG) expects both revenue and gross bookings to increase at a mid-single-digit percentage rate, while adjusted earnings per share are projected to grow in the low double digits. Following this strong financial performance, analysts at Jefferies and JPMorgan raised their price targets for Booking Holdings to $5,400 and $5,750, respectively, citing high travel demand and the company's expanding investments in social media marketing. Additionally, the company's Board of Directors approved a quarterly cash dividend of $9.60 per share, marking a 10% increase from the previous dividend of $8.75. The dividend is set to be distributed on March 31, 2025, to stockholders recorded as of March 7, 2025. Institutional interest in Booking Holdings Inc. (NASDAQ:BKNG) has also grown, with Insider Monkey's data showing that 99 hedge funds held stakes in the company at the end of Q4, representing a combined value of nearly $10.14 billion—up from 93 funds in the previous quarter. The increasing hedge fund investments reflect strong institutional confidence, reinforcing Booking Holdings' position as a top stock to buy according to Durable Capital Partners. Overall, BKNG ranks 8th on our list of top stocks to buy according to Durable Capital Partners. While we acknowledge the potential for BKNG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BKNG but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Disclosure: None. This article is originally published at . Sign in to access your portfolio
