Latest news with #Highbridge
The Sun
4 days ago
- Automotive
- The Sun
YouTube star has £30k Porsche stolen by crooks who used it as battering ram in brazen petrol station raid
A LUXURY Porsche was used as a battering ram by crooks in a brazen raid on a petrol station - just minutes after it was stolen from an MOT centre. The SUV, which belongs to used car dealer Joe Betty - known for his YouTube channel Shifting Metal - was stolen from a site in Highbridge, Somerset, and then used in a ram raid on a nearby Asda. 3 3 3 According to Car Dealer Mag, a group of men broke into the garage and took off with the Cayenne, as well as a Ford S-Max. Both cars were then driven to an Asda petrol station, where they were used as battering rams in an attempt to get inside. The Porsche, a high-end, V8 S Tiptronic S model from 2015 that's typically priced between £15,000 to £30,000, was purchased by Betty just days before the incident. He'd even lined up a buyer for it and had taken a deposit when he'd sent it for an MOT test. He said: 'I bought it from an auction on the Monday, we drove it back on the same day and incredibly it was one of those rare occasions in the motor trade where we'd taken a deposit and it was ready to go out when it was stolen on the Thursday night. 'We phoned the customer that morning, just letting them know. 'They are still trying to buy another car from us but it's finding the right car for them now, because it was a very nice spec model and had all the right things they wanted. 'I haven't seen it as it's currently at a recovery yard and I'm waiting to see what happens with the MOT centre and insurance. 'From what I could see [at the petrol station], it looked like it had lost engine oil. "Some rumours I'd heard from a couple of different places was that it was left running. Watch moment car thief boy, 9, sneaks into uninsured £135k PORSCHE to go on daring joyride - but it doesn't end well 'If that's the case then the engine will be no good anymore. 'The back end of the car I haven't seen unfortunately, because the last time I saw it had an Asda Express parked on it but I can't imagine it's great. 'I think it would probably be salvageable if it weren't for the engine. It would certainly be thousands of pounds of work, I would guess.' The damage occurred when the crooks reversed the Porsche into the main entrance of the store, before seemingly getting it stuck on a metal pillar. Meanwhile, the Ford was smashed into a smaller unit outside the store. The group later escaped the scene in a getaway vehicle which was on false plates. According to Betty, police took DNA evidence at the scene, but he doubts the gang will be found. He added: 'I think in the motor trade you kind of just get used to these weird and wonderful problems that you have. 'I'm quite nonchalant about it at the moment but I imagine, as it drags on and is just trickling in the background, it get more upsetting. 'It has made us think about our own security, I guess. 'We've had someone try to steal a car from the forecourt before. They smashed the window of a Fiesta ST, but set the alarm off and ran away but that's about it, really. 'We've been quite lucky up until now, in a sense but this has definitely tipped the scale. 'The police are working on it, but other than perhaps getting some DNA, which they've taken swabs from the scene, I don't think they've got much to go on, because everyone was wearing masks and the getaway car was on cloned plates. 'The footage that we had of them cutting into the MOT centre, they were so nonchalant about it that I think this is not their first rodeo. 'They've done it before and I don't think there's much hope of conviction coming to be honest.' A spokesperson for Somerset and Avon Police said: ''At 3.44am on Friday 23 May we received a report of a group of men trying to force entry to a building off the A371 in Locking. 'Officers arrived five minutes later and found the group had left the area after damaging the building. 'Officers carried out a search of the area, supported by a specialist dog team, but no one was located. 'A black Porsche Cayenne and a grey Ford S-Max were found damaged at the scene. Both vehicles are believed to have been stolen during a burglary in Commerce Way, Highbridge earlier in the night. 'The group of men are believed to have left the area in a blue Audi Q5. They were wearing black clothing and balaclavas. 'Anyone with information is asked to call 101, using the reference number 5225143650.'
Yahoo
13-05-2025
- Business
- Yahoo
Toll Brothers Announces Opening of Montrose at Innisbrook Community in Palm Harbor, Florida
Public is invited to experience the golf and country club living offered at the community during the Grand Opening Event on May 17 PALM HARBOR, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the grand opening of its first two collections of luxury homes at its highly anticipated Montrose at Innisbrook community in Palm Harbor, Florida. The Highbridge and Torrance Collections are now open for sale, and the Townes Collection is scheduled to open as soon as the model home is complete. Innisbrook Resort is renowned for its iconic golf courses and annual PGA Tour stop, spanning over 800 acres of golf and country club living on Florida's desirable Gulf Coast. The Toll Brothers Sales Center is now open within the Innisbrook master plan located at 1891 Havenly Ridge in Palm Harbor. In addition, the public is invited to attend the Montrose at Innisbrook Grand Opening Event for prospective home shoppers, which will be held on Saturday, May 17, 2025 from noon to 4 p.m. at the community.'We are excited to open our first two collections of homes at Montrose at Innisbrook, each providing exceptional new home designs and sophisticated personalization selections,' said Brian O'Hara, Division President of Toll Brothers in Tampa and Sarasota. 'This prestigious community epitomizes luxury Florida living with its extensive onsite amenities, country club lifestyle, and prime location.' Montrose at Innisbrook is a new gated community within the Innisbrook master plan, offering low-maintenance townhomes and spacious single-family homes, all with an array of options for personalization at the Toll Brothers Design Studio. Beautiful lake, preserve, or golf course views are available in all collections within the community. Single-family homes are priced from the mid-$800,000s and townhomes are anticipated to be priced from the upper $500,000s. The Highbridge Collection features spacious home designs, ranging up to 3,146 square feet, offering 3 to 5 bedrooms and 2.5 to 4 bathrooms. The Torrance Collection offers expansive home designs including open-concept floor plans ranging up to 3,964 square feet with 4 to 5 bedrooms and 3 to 5 bathrooms. Both collections provide luxurious living with access to the community's exclusive master plan amenities. Homeowners of Montrose at Innisbrook will enjoy a country club lifestyle with extensive amenities in the Innisbrook master plan, including three 18-hole championship-level golf courses, one 9-hole golf course, a private tennis facility, pickleball courts, racquetball court, numerous on-site dining options, six heated swimming pools, the Salamander Spa, a state-of-the-art fitness center, yoga room, ample walking trails, fishing ponds, and so much more. The convenient location is close to top-rated Pinellas County Schools and within minutes of Gulf Coast beaches, area parks, shopping and dining destinations, and major commuter highways of Greater Tampa Bay. Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio in Tampa. The state-of-the-art Design Studio allows customers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. For more information on Montrose at Innisbrook, prospective home buyers are invited to call (855) 600-8655 or visit Toll Brothers Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol 'TOL.' The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations. Toll Brothers has been one of Fortune magazine's World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@ Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG) Photos accompanying this announcement are available at
Yahoo
13-05-2025
- Business
- Yahoo
Hess Corporation (HES): Among This Billionaire's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Hess Corporation (NYSE:HES) stands against other billionaire Glenn Russell Dubin's stock picks with huge upside potential. Glenn Russell Dubin is one of the industry's most experienced hedge fund managers, best known as the co-founder of Highbridge Capital Management, a multi-strategy investment business he founded with Henry Swieca in 1992. Before being bought by JPMorgan Chase in 2004, the firm quickly rose to prominence as one of Wall Street's most sophisticated hedge funds. As of March 2024, Highbridge Capital manages more than $7.1 billion in discretionary assets and has a focused exposure to growth industries. Dubin has long been involved in basic research and multi-asset investing through Highbridge and his private investment firm, Dubin & Company. His portfolio demonstrates a high-conviction strategy, with the top ten holdings accounting for more than 40% of reported 13F equities. Dubin's top stock picks frequently coincide with broader macroeconomic themes, such as monetary easing, capital market expansion, and industrial revival, making them excellent bets for long-term investors looking for asymmetric risk-reward ratios. The background for these investments is especially attractive. Financial markets rebounded strongly in 2024, with financial equities up more than 30% by the end of the year, owing to lower inflation, lower interest rates, and strong investor sentiment. Even if the United States' GDP growth is expected to fall from 2.7% in 2024 to 1.5% in 2025, hopes of Fed rate cuts and a more stable regulatory environment are keeping financial industry momentum alive. Meanwhile, growing corporate refinancing needs and record-high consumer debt are steering capital into private credit and asset-backed lending—areas where Highbridge has traditionally excelled. The industrial sector is also experiencing a significant revival, with a 26% increase in 2024 driven by demand for reshored manufacturing, clean energy buildout, and infrastructure construction. With only a quarter of the $1.9 trillion in planned North American infrastructure projects underway, there is still enormous growth potential. At the same time, reduced interest rates are expected to boost housing activity, and aerospace demand is expected to rise as airlines revamp their aged fleets. These macroeconomic drivers continue to provide appealing entry points for cyclical names with long-term upside. Tariff concerns have increased volatility in the equity markets, particularly in light of proposed higher tariffs on steel and aluminum imports. However, other investors see this as a temporary disruption that could eventually benefit domestic manufacturers and capital goods industries. In reality, leading market commentators argue that predictions of a fresh wave of trade protectionism are exaggerated, with underlying fundamentals remaining strong across major value industries. In that scenario, this may be a good time to follow experienced managers such as Glenn Dubin. As markets reset and valuations in banking and industrial stocks decline from their 2024 highs, the opportunity to purchase into structurally good companies at a discount is wide open. Highbridge Capital's recent bets indicate trust in sectors that are not only rebounding but evolving, and these top stock picks might provide considerable upside as the market rebalances in 2025. To compile a list of Billionaire Glenn Russell Dubin's 10 Stock Picks with Huge Upside Potential, we studied Greenlight Capital's Q4 2024 13F filings to identify billionaire Glenn Russell Dubin's stock picks with the most upside potential. We evaluated the firms in ascending order of upside potential. These stocks are also popular with elite hedge funds. 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 (see more details here). An oil tanker sailing across the horizon, conveying the importance of crude oil transportation for the company. Number of Hedge Fund Holders: 92 Upside Potential: 27.40% Hess Corporation (NYSE:HES) is an exploration and production company that develops, produces, and sells crude oil, natural gas liquids, and natural gas. The company is principally active in the United States, Guyana, and Malaysia, with significant offshore exploration activity in the Gulf of Mexico and Guyana. Its two main business sectors are exploration and production (E&P) and midstream. For the first quarter of 2025, which ended March 31, Hess Corporation (NYSE:HES) reported net income of $430 million, or $1.39 per share, a considerable decrease from $972 million, or $3.16 per share, in Q1 2024. On an adjusted basis, the company earned $559 million in net income, or $1.81 per share. The reduction in earnings was mostly caused by lower realized oil prices, which averaged $71.22 per barrel in Q1 2025, compared to $80.06 in Q1 2024. Despite this, Hess' net output remained stable at 476,000 barrels of oil equivalent per day (boepd) in Q1 2025 and Q1 2024. Hess Corporation's (NYSE:HES) Bakken assets experienced higher production of 195,000 boepd in Q1 2025, up from 190,000 boepd in the previous year's quarter. Offshore production in the Gulf of Mexico and Guyana also demonstrated resiliency, with the Stabroek Block delivering 183,000 bopd in Q1 2025, a modest decrease from 190,000 bopd in Q1 2024. The company expects production to range between 480,000 and 490,000 boepd in Q2 2025. The Midstream segment's net income increased to $70 million in Q1 2025 from $67 million the previous year. Hess' Yellowtail project in Guyana is set to begin operations in Q3 2025, with a production capacity of 250,000 barrels of oil per day (bopd). Given these encouraging developments, including increased production capacity and continuing projects such as Yellowtail, Hess is poised for significant future growth, ranking among the top stocks with excellent upside potential. Glen Russell's stake in Hess Corporation's (NYSE:HES) was worth $77 million, which accounted for 2.88% of his portfolio at the end of Q4 2024 Overall, HES ranks 10th on our list of billionaire Glenn Russell Dubin's stock picks with huge upside potential. While we acknowledge the potential of HES, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than HES but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Hess Corporation (HES): Among This Billionaire's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Hess Corporation (NYSE:HES) stands against other billionaire Glenn Russell Dubin's stock picks with huge upside potential. Glenn Russell Dubin is one of the industry's most experienced hedge fund managers, best known as the co-founder of Highbridge Capital Management, a multi-strategy investment business he founded with Henry Swieca in 1992. Before being bought by JPMorgan Chase in 2004, the firm quickly rose to prominence as one of Wall Street's most sophisticated hedge funds. As of March 2024, Highbridge Capital manages more than $7.1 billion in discretionary assets and has a focused exposure to growth industries. Dubin has long been involved in basic research and multi-asset investing through Highbridge and his private investment firm, Dubin & Company. His portfolio demonstrates a high-conviction strategy, with the top ten holdings accounting for more than 40% of reported 13F equities. Dubin's top stock picks frequently coincide with broader macroeconomic themes, such as monetary easing, capital market expansion, and industrial revival, making them excellent bets for long-term investors looking for asymmetric risk-reward ratios. The background for these investments is especially attractive. Financial markets rebounded strongly in 2024, with financial equities up more than 30% by the end of the year, owing to lower inflation, lower interest rates, and strong investor sentiment. Even if the United States' GDP growth is expected to fall from 2.7% in 2024 to 1.5% in 2025, hopes of Fed rate cuts and a more stable regulatory environment are keeping financial industry momentum alive. Meanwhile, growing corporate refinancing needs and record-high consumer debt are steering capital into private credit and asset-backed lending—areas where Highbridge has traditionally excelled. The industrial sector is also experiencing a significant revival, with a 26% increase in 2024 driven by demand for reshored manufacturing, clean energy buildout, and infrastructure construction. With only a quarter of the $1.9 trillion in planned North American infrastructure projects underway, there is still enormous growth potential. At the same time, reduced interest rates are expected to boost housing activity, and aerospace demand is expected to rise as airlines revamp their aged fleets. These macroeconomic drivers continue to provide appealing entry points for cyclical names with long-term upside. Tariff concerns have increased volatility in the equity markets, particularly in light of proposed higher tariffs on steel and aluminum imports. However, other investors see this as a temporary disruption that could eventually benefit domestic manufacturers and capital goods industries. In reality, leading market commentators argue that predictions of a fresh wave of trade protectionism are exaggerated, with underlying fundamentals remaining strong across major value industries. In that scenario, this may be a good time to follow experienced managers such as Glenn Dubin. As markets reset and valuations in banking and industrial stocks decline from their 2024 highs, the opportunity to purchase into structurally good companies at a discount is wide open. Highbridge Capital's recent bets indicate trust in sectors that are not only rebounding but evolving, and these top stock picks might provide considerable upside as the market rebalances in 2025. To compile a list of Billionaire Glenn Russell Dubin's 10 Stock Picks with Huge Upside Potential, we studied Greenlight Capital's Q4 2024 13F filings to identify billionaire Glenn Russell Dubin's stock picks with the most upside potential. We evaluated the firms in ascending order of upside potential. These stocks are also popular with elite hedge funds. 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 (see more details here). An oil tanker sailing across the horizon, conveying the importance of crude oil transportation for the company. Number of Hedge Fund Holders: 92 Upside Potential: 27.40% Hess Corporation (NYSE:HES) is an exploration and production company that develops, produces, and sells crude oil, natural gas liquids, and natural gas. The company is principally active in the United States, Guyana, and Malaysia, with significant offshore exploration activity in the Gulf of Mexico and Guyana. Its two main business sectors are exploration and production (E&P) and midstream. For the first quarter of 2025, which ended March 31, Hess Corporation (NYSE:HES) reported net income of $430 million, or $1.39 per share, a considerable decrease from $972 million, or $3.16 per share, in Q1 2024. On an adjusted basis, the company earned $559 million in net income, or $1.81 per share. The reduction in earnings was mostly caused by lower realized oil prices, which averaged $71.22 per barrel in Q1 2025, compared to $80.06 in Q1 2024. Despite this, Hess' net output remained stable at 476,000 barrels of oil equivalent per day (boepd) in Q1 2025 and Q1 2024. Hess Corporation's (NYSE:HES) Bakken assets experienced higher production of 195,000 boepd in Q1 2025, up from 190,000 boepd in the previous year's quarter. Offshore production in the Gulf of Mexico and Guyana also demonstrated resiliency, with the Stabroek Block delivering 183,000 bopd in Q1 2025, a modest decrease from 190,000 bopd in Q1 2024. The company expects production to range between 480,000 and 490,000 boepd in Q2 2025. The Midstream segment's net income increased to $70 million in Q1 2025 from $67 million the previous year. Hess' Yellowtail project in Guyana is set to begin operations in Q3 2025, with a production capacity of 250,000 barrels of oil per day (bopd). Given these encouraging developments, including increased production capacity and continuing projects such as Yellowtail, Hess is poised for significant future growth, ranking among the top stocks with excellent upside potential. Glen Russell's stake in Hess Corporation's (NYSE:HES) was worth $77 million, which accounted for 2.88% of his portfolio at the end of Q4 2024 Overall, HES ranks 10th on our list of billionaire Glenn Russell Dubin's stock picks with huge upside potential. While we acknowledge the potential of HES, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than HES but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
BBC News
13-05-2025
- Sport
- BBC News
Headlines: Bristol City play-off exit and cat on 'pilgrimage'
Here's our daily pick of stories from across local websites in the West of England, and interesting content from social media. Our pick of local website stories reports the A38 will close for three days this month through mother of Mikey Roynon, who was fatally stabbed with a zombie-style knife at a party in 2023, speaks to Somerset Live ahead of a new more than 50 homes are set to be built on a school's playing fields in Cheltenham, Gloucestershire Live reports. Our top three from yesterday What to watch on social media A thank you for Robins fans from Bristol City. There is still a lot of pride in getting into the Gloucestershire, Tewkesbury Borough Council says it is going to trial "No Mow May" to help give nature a "chance to thrive".And Percy the Salisbury Cathedral cat appears to have gone on an incredible "pilgrimage", travelling to Canterbury after being reported missing on 6 May.
