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Yahoo
8 hours ago
- Yahoo
Toddler Dies After ‘Piece of Garbage' Dad Allegedly Left Him in ‘Hot Truck' to Drink and Get a Haircut, Sheriff Says
Sebastian Gardner, an 18-month-old boy, died after his dad Scott Gardner allegedly left him in a 'hot truck' for over three hours to drink and get a haircut on June 6, authorities claim Sebastian was left alone in the backseat with just a small fan as the vehicle's temperature hit 111 degrees that day in Ormond Beach, Fla., medical personnel estimated 'This father is a human piece of garbage, and he's a lying sack of s---,' Volusia County Sheriff Mike Chitwood said in a briefingA toddler's life was cut short after his dad allegedly left him in a vehicle in the Florida heat for hours while he got a haircut and drank at a bar. On Thursday, June 19, the Volusia County Sheriff's Office (VCSO) and the Ormond Beach Police Department (OBPD) arrested the father, Scott Gardner, on charges of aggravated manslaughter of a child and child neglect causing great bodily harm, authorities said in a news release. The arrest came nearly two weeks after the death of his son, 18-month-old Sebastian Gardner. The toddler spent over three hours in the backseat of a 'hot truck' on June 6 while his dad, 33, spent time in Classic Cuts and Hanky Panky's Lounge, a barber shop and cocktail lounge located near each other in Ormond Beach, according to the sheriff's office. The Florida dad allegedly left Sebastian in the backseat of the truck with the windows down, no air conditioning and a small, battery-powered fan pointed at the toddler, Volusia County Sheriff Mike Chitwood said during an emotional news briefing on Friday, June 20. Scott allegedly left Sebastian in the vehicle around 11:30 a.m. as he went to get his haircut, according to a timeline investigators provided. He then finished his haircut and headed to Hanky Panky's around noon, where he stayed and drank until at least 2 p.m., police said. During his time in the bar, a customer 'backed into a bartender's car,' and Scott came outside to investigate the damage to the vehicle, investigators said. He did not check on Sebastian before heading back into the bar to order more drinks, per Chitwood. At around 2:40 p.m., Gardner left Hanky Panky's, drove a 'short distance' home, and then proceeded to call 911 to report that Sebastian was not breathing, Chitwood said. 'My son's not breathing. A year and a half. Oh my god. He just had his eyes open. Oh my god, Sebastian,' the father says in a recording of the 911 call. However, investigators said the toddler was dead one to two hours before his dad contacted authorities. Following the call, an officer with the OBPD responded to the scene, but could not perform CPR, as the toddler's body had already gone into rigor mortis, according to Chitwood. Unresponsive, the 18-month-old was then taken to a hospital, where he was pronounced dead at 3:30 p.m. The toddler's temperature was over 107 degrees when he arrived at hospital, leading medical personnel to estimate that the temperature in the vehicle peaked at 111 degrees, Chitwood said. Want to keep up with the latest crime coverage? Sign up for for breaking crime news, ongoing trial coverage and details of intriguing unsolved cases. After Sebastian was pronounced dead and the investigation into the June 6 incident was underway — with Scott's account conflicting with assessment of hospital staff — the toddler's father headed back to Hanky Panky's for drinks, according to the sheriff. Scott, along with his mom, stayed at the bar until 'almost midnight,' he said. Witnesses at the bar said the pair 'didn't seem as distraught as you would expect someone to be for the child having just passed,' one investigator said in the news briefing, adding that this 'is consistent with the interactions that we had with [Scott] at the hospital.' Investigators also said in the June 20 news briefing that they do not believe Scott's mother was made aware of her grandson's death at that point. Though police said Scott ultimately confessed, the confession came after he 'gave multiple false accounts of what occurred' the day of his son's death, per the sheriff's office. 'This father is a human piece of garbage,' Chitwood said during the news briefing. "And he's a lying sack of s---.' "There's no logical reason why this little guy is dead,' Chitwood continued of the toddler, later adding that the situation "absolutely shocks the conscience." "We've seen it, people forget their kids in the back seat, but this was completely different,' the sheriff said. 'This was intentional. That's what the charges are for.' Read the original article on People
Yahoo
15-04-2025
- Business
- Yahoo
Is Arm Holdings plc (ARM) Among The Best UK Stocks To Buy According To Billionaires? (ready for edit 2)
We recently published a list of . In this article, we are going to take a look at where Arm Holdings plc (NASDAQ:ARM) stands against other best UK stocks to invest in. Like most of the world, the United Kingdom is also facing slower economic growth in 2025, fuelled by an unpredictable trading environment and high taxes. According to KPMG, there are some upsides to the UK economy this year, including solid household savings and robust public spending. However, American tariffs could limit UK GDP growth to only 0.8% during 2025 and 2026. In the short term, inflation will likely come back due to growing labor costs and skyrocketing energy prices. Nonetheless, KPMG forecasts that inflation will simmer down to the Bank of England's target of 2% by the middle of next year. What came as a surprise was the UK economy going up by 0.1% in Q4 2024, a welcome reprieve from the sodden economic outlook painted by market experts. This made Britain the top performer in Europe during the fourth quarter, as Italy remained flat and German and French economies shrunk. However, the UK economy fell short of the 0.6% growth in the United States. In light of these economic developments, Scott Gardner, investment strategist at JP Morgan-owned wealth manager Nutmeg, told Reuters on February 13, 2025: "A pleasant surprise, but we're not out of the woods yet. Beneath the surface of these latest figures, domestic demand via consumption and business investment was weaker than expected," As per Britain's Office for National Statistics, wholesalers, film distributors, pubs and bars, industrial manufacturers, and pharma led the growth in December 2024. However, it should be noted that this growth was dependent on monetary support from the government and a brief pile-up in business inventories. In addition, flat spending trends were observed in households, and business investment stumbled by 3.2% in Q4. The Bank of England has now slashed its growth outlook for 2025 to 0.75%, while the National Institute of Economic and Social Research remains optimistic with a 1.5% forecast. Investor optimism is increasing around the UK, given the rising trade tensions between the United States and Europe. While UK economic growth has lagged in recent years, BofA analysts expect it to pick up pace in 2025, projecting 1.4% growth. Analysts see positive signs like deregulation, capital spending, and potential US trade benefits. Sanjay Raja, chief UK economist at Deutsche Bank, told CNBC on March 24, 2025: 'Talk of a U.S. trade deal also surfaced in client conversations, and there was increased optimism that the U.K. may be spared from direct and widespread tariffs,' It is interesting to note that no matter the macroeconomic conditions, the rich seem to be getting richer. A scientist researching the innate and adaptive immune response in a biopharmaceutial laboratory. To collect data for this article, we scanned Insider Monkey's database of billionaires' stock holdings and identified the companies headquartered in the UK but listed on American exchanges. From there, we picked the top 10 companies with the highest number of billionaire investors in Q4 2024. The stocks are ranked in ascending order based on the number of billionaire investors. We have also mentioned the value of billionaire holdings for further insight. 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 (). Number of Billionaire Investors: 10 Value of Billionaire Holdings: $234.65 million Arm Holdings plc (NASDAQ:ARM) was established in 1990 and is headquartered in Cambridge, UK. The company manufactures and sells microprocessors, system and physical IPs, GPUs, software, and tools to semiconductor companies and OEMs. On April 1, 2025, Arm Holdings acquired a UK-based Alphawave to access critical tech for developing AI processors. Alphawave is a provider of semiconductor intellectual property. On February 5, Arm Holdings plc (NASDAQ:ARM) reported its financial results for Q3 2025. The company's revenue grew 19% year-over-year to record high levels, outperforming the top end of its guidance, supported by the deployment of v9 and robust demand for chips based on its Compute Subsystems. ARM also got royalty revenue from chips for smartphones, data centers, networking equipment, and automotive—all of which came within Wall Street expectations. In November 2024, Loop Capital maintained a Buy rating on Arm Holdings plc (NASDAQ:ARM), and raised the price target on the shares from $130 to $180. The firm observed that ARM will have many growth catalysts in the future. Arm Holdings plc (NASDAQ:ARM) can potentially expand into the PC market since it already has a solid presence in the smartphone and data center industries. In Q4 2024, Arm Holdings plc (NASDAQ:ARM) was part of 10 billionaire portfolios, making it one of the best UK stocks to buy. Overall, ARM ranks 8th among the 10 Best UK Stocks to Buy According to Billionaires. While we acknowledge the potential of UK stocks, our conviction lies in the belief that 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 ARM but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
14-04-2025
- Business
- Yahoo
Janus Henderson Group (JHG): Among the Best UK Stocks to Buy According to Billionaires
We recently published a list of . In this article, we are going to take a look at where Janus Henderson Group plc (NYSE:JHG) stands against other best UK stocks to invest in. Like most of the world, the United Kingdom is also facing slower economic growth in 2025, fuelled by an unpredictable trading environment and high taxes. According to KPMG, there are some upsides to the UK economy this year, including solid household savings and robust public spending. However, American tariffs could limit UK GDP growth to only 0.8% during 2025 and 2026. In the short term, inflation will likely come back due to growing labor costs and skyrocketing energy prices. Nonetheless, KPMG forecasts that inflation will simmer down to the Bank of England's target of 2% by the middle of next year. What came as a surprise was the UK economy going up by 0.1% in Q4 2024, a welcome reprieve from the sodden economic outlook painted by market experts. This made Britain the top performer in Europe during the fourth quarter, as Italy remained flat and German and French economies shrunk. However, the UK economy fell short of the 0.6% growth in the United States. In light of these economic developments, Scott Gardner, investment strategist at JP Morgan-owned wealth manager Nutmeg, told Reuters on February 13, 2025: "A pleasant surprise, but we're not out of the woods yet. Beneath the surface of these latest figures, domestic demand via consumption and business investment was weaker than expected," As per Britain's Office for National Statistics, wholesalers, film distributors, pubs and bars, industrial manufacturers, and pharma led the growth in December 2024. However, it should be noted that this growth was dependent on monetary support from the government and a brief pile-up in business inventories. In addition, flat spending trends were observed in households, and business investment stumbled by 3.2% in Q4. The Bank of England has now slashed its growth outlook for 2025 to 0.75%, while the National Institute of Economic and Social Research remains optimistic with a 1.5% forecast. Investor optimism is increasing around the UK, given the rising trade tensions between the United States and Europe. While UK economic growth has lagged in recent years, BofA analysts expect it to pick up pace in 2025, projecting 1.4% growth. Analysts see positive signs like deregulation, capital spending, and potential US trade benefits. Sanjay Raja, chief UK economist at Deutsche Bank, told CNBC on March 24, 2025: 'Talk of a U.S. trade deal also surfaced in client conversations, and there was increased optimism that the U.K. may be spared from direct and widespread tariffs,' It is interesting to note that no matter the macroeconomic conditions, the rich seem to be getting richer. A close-up of a computer monitor, showing the interface of a financial trading platform. To collect data for this article, we scanned Insider Monkey's database of billionaires' stock holdings and identified the companies headquartered in the UK but listed on American exchanges. From there, we picked the top 10 companies with the highest number of billionaire investors in Q4 2024. The stocks are ranked in ascending order based on the number of billionaire investors. We have also mentioned the value of billionaire holdings for further insight. 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 (). Number of Billionaire Investors: 11 Value of Billionaire Holdings: $1.94 billion Janus Henderson Group plc (NYSE:JHG) is a London-based asset management holding company. JHG serves institutional, retail, and high net worth clients. It manages equity and fixed income portfolios, mutual funds, and other private and public investments. On April 3, BofA Securities upgraded Janus Henderson Group plc (NYSE:JHG) to Buy from Neutral but trimmed the price target from $57 to $43. BofA Securities lowered its 2027 earnings estimates by 25%, primarily due to the JHG Horizon Biotech Fund sliding 8% year-to-date, affecting performance fees in Q4 2024. However, the investment firm pointed out that Janus Henderson's management fee rate has remained stable, which is a positive indicator of its financial health. On January 31, 2025, the company reported its financial results for the fourth quarter and full-year 2024. Assets under management rose 13% year-over-year to $378.7 billion at the end of December. Janus Henderson Group plc (NYSE:JHG) recorded net inflows of $3.3 billion in the fourth quarter and a diluted EPS of $0.77. The company ended 2024 with $1.2 billion in cash and cash equivalents, and cash flow from operations stood at $695 million. The board also declared a $0.39 per share quarterly dividend and returned $458 million to shareholders through dividends and share buybacks. Among the hedge funds tracked by Insider Monkey, billionaire Nelson Peltz's is the biggest stakeholder of Janus Henderson Group plc (NYSE:JHG) as of Q4 2024, with 31.8 million shares worth $1.35 billion. Overall, 11 billionaires held long positions in the company. Overall, JHG ranks 4th among the 10 Best UK Stocks to Buy According to Billionaires. While we acknowledge the potential of UK stocks, our conviction lies in the belief that 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 JHG but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
14-04-2025
- Business
- Yahoo
Is AstraZeneca (AZN) The Best UK Stock to Buy According to Billionaires?
We recently published a list of . In this article, we are going to take a look at where AstraZeneca PLC (NASDAQ:AZN) stands against other best UK stocks to invest in. Like most of the world, the United Kingdom is also facing slower economic growth in 2025, fuelled by an unpredictable trading environment and high taxes. According to KPMG, there are some upsides to the UK economy this year, including solid household savings and robust public spending. However, American tariffs could limit UK GDP growth to only 0.8% during 2025 and 2026. In the short term, inflation will likely come back due to growing labor costs and skyrocketing energy prices. Nonetheless, KPMG forecasts that inflation will simmer down to the Bank of England's target of 2% by the middle of next year. What came as a surprise was the UK economy going up by 0.1% in Q4 2024, a welcome reprieve from the sodden economic outlook painted by market experts. This made Britain the top performer in Europe during the fourth quarter, as Italy remained flat and German and French economies shrunk. However, the UK economy fell short of the 0.6% growth in the United States. In light of these economic developments, Scott Gardner, investment strategist at JP Morgan-owned wealth manager Nutmeg, told Reuters on February 13, 2025: "A pleasant surprise, but we're not out of the woods yet. Beneath the surface of these latest figures, domestic demand via consumption and business investment was weaker than expected," As per Britain's Office for National Statistics, wholesalers, film distributors, pubs and bars, industrial manufacturers, and pharma led the growth in December 2024. However, it should be noted that this growth was dependent on monetary support from the government and a brief pile-up in business inventories. In addition, flat spending trends were observed in households, and business investment stumbled by 3.2% in Q4. The Bank of England has now slashed its growth outlook for 2025 to 0.75%, while the National Institute of Economic and Social Research remains optimistic with a 1.5% forecast. Investor optimism is increasing around the UK, given the rising trade tensions between the United States and Europe. While UK economic growth has lagged in recent years, BofA analysts expect it to pick up pace in 2025, projecting 1.4% growth. Analysts see positive signs like deregulation, capital spending, and potential US trade benefits. Sanjay Raja, chief UK economist at Deutsche Bank, told CNBC on March 24, 2025: 'Talk of a U.S. trade deal also surfaced in client conversations, and there was increased optimism that the U.K. may be spared from direct and widespread tariffs,' It is interesting to note that no matter the macroeconomic conditions, the rich seem to be getting richer. A pharmacy worker distributing prescription medicines to patientsreceiving treatment for oncology, cardiovascular, renal, metabolism and respiratory diseases. To collect data for this article, we scanned Insider Monkey's database of billionaires' stock holdings and identified the companies headquartered in the UK but listed on American exchanges. From there, we picked the top 10 companies with the highest number of billionaire investors in Q4 2024. The stocks are ranked in ascending order based on the number of billionaire investors. We have also mentioned the value of billionaire holdings for further insight. 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 (). Number of Billionaire Investors: 14 Value of Billionaire Holdings: $2.20 billion AstraZeneca PLC (NASDAQ:AZN) was incorporated in 1992 and is based in Cambridge, UK. The company is focused on discovering, developing, and delivering prescription medicines for cancer, heart and kidney diseases, respiratory conditions, and rare diseases. On March 19, investment advisory TD Cowen maintained a Buy rating on AZN with a price target of $95, citing the potential of the company's new product pipeline and its reach in big, high-growth end markets. On March 21, AstraZeneca PLC (NASDAQ:AZN) announced plans to invest $2.5 billion incrementally over five years to build a research and development center in Beijing, China. This will be the company's second R&D facility in China and will enhance partnerships in the country's life sciences sector. AstraZeneca will work with local biotechs and hospitals, build a new AI-focused lab, and inaugurate its first vaccine manufacturing site in China. In 2024, AstraZeneca PLC (NASDAQ:AZN) boosted its net cash from operating activities by $1.5 billion. It also expanded operations through notable acquisitions like Amolyt, Icosavax, and Fusion while paying off close to $7 billion in debt. Dividends were bumped up to $3.10 per share for 2024, with another increase to $3.20 planned for this year. It is one of the best UK stocks to buy. Overall, 55 hedge funds were bullish on AstraZeneca PLC (NASDAQ:AZN) in Q4 2024, and it was part of 14 billionaire portfolios that had combined stakes worth $2.20 billion. Billionaire Ken Griffin boosted his AZN stake by a whopping 842% in Q4, holding 4.2 million shares valued at $276.6 million. Overall, AZN ranks 2nd among the 10 Best UK Stocks to Buy According to Billionaires. While we acknowledge the potential of UK stocks, our conviction lies in the belief that 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 AZN but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
14-04-2025
- Business
- Yahoo
Is Shell plc (SHEL) The Best UK Stock to Buy According to Billionaires?
We recently published a list of . In this article, we are going to take a look at where Shell plc (NYSE:SHEL) stands against other best UK stocks to invest in. Like most of the world, the United Kingdom is also facing slower economic growth in 2025, fuelled by an unpredictable trading environment and high taxes. According to KPMG, there are some upsides to the UK economy this year, including solid household savings and robust public spending. However, American tariffs could limit UK GDP growth to only 0.8% during 2025 and 2026. In the short term, inflation will likely come back due to growing labor costs and skyrocketing energy prices. Nonetheless, KPMG forecasts that inflation will simmer down to the Bank of England's target of 2% by the middle of next year. What came as a surprise was the UK economy going up by 0.1% in Q4 2024, a welcome reprieve from the sodden economic outlook painted by market experts. This made Britain the top performer in Europe during the fourth quarter, as Italy remained flat and German and French economies shrunk. However, the UK economy fell short of the 0.6% growth in the United States. In light of these economic developments, Scott Gardner, investment strategist at JP Morgan-owned wealth manager Nutmeg, told Reuters on February 13, 2025: "A pleasant surprise, but we're not out of the woods yet. Beneath the surface of these latest figures, domestic demand via consumption and business investment was weaker than expected," As per Britain's Office for National Statistics, wholesalers, film distributors, pubs and bars, industrial manufacturers, and pharma led the growth in December 2024. However, it should be noted that this growth was dependent on monetary support from the government and a brief pile-up in business inventories. In addition, flat spending trends were observed in households, and business investment stumbled by 3.2% in Q4. The Bank of England has now slashed its growth outlook for 2025 to 0.75%, while the National Institute of Economic and Social Research remains optimistic with a 1.5% forecast. Investor optimism is increasing around the UK, given the rising trade tensions between the United States and Europe. While UK economic growth has lagged in recent years, BofA analysts expect it to pick up pace in 2025, projecting 1.4% growth. Analysts see positive signs like deregulation, capital spending, and potential US trade benefits. Sanjay Raja, chief UK economist at Deutsche Bank, told CNBC on March 24, 2025: 'Talk of a U.S. trade deal also surfaced in client conversations, and there was increased optimism that the U.K. may be spared from direct and widespread tariffs,' It is interesting to note that no matter the macroeconomic conditions, the rich seem to be getting richer. A gas refinery lit up against the night sky, showing the scale of the company's petrochemical operations. To collect data for this article, we scanned Insider Monkey's database of billionaires' stock holdings and identified the companies headquartered in the UK but listed on American exchanges. From there, we picked the top 10 companies with the highest number of billionaire investors in Q4 2024. The stocks are ranked in ascending order based on the number of billionaire investors. We have also mentioned the value of billionaire holdings for further insight. 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 (). Number of Billionaire Investors: 14 Value of Billionaire Holdings: $2.63 billion Shell plc (NYSE:SHEL), a London-based oil and gas titan, is one of the best UK stocks to buy. On March 26, Piper Sandler assigned an Overweight rating on the stock with a price target of $72. Over the last two years, Shell has saved almost $3 billion in costs, and it plans to cut down on $2-4 billion more. Analysts at Piper Sandler observed that Shell is focusing on making money and using it to repurchase shares, which can help grow earnings for each shareholder. They expect Shell's cash flow per share to grow by 10% each year until 2030. In Q4 2024, Shell raised its dividend by 4% and launched a $3.5 billion share repurchase plan, continuing a trend of at least $3 billion in buybacks for the 13th consecutive quarter. The company raked in $40 billion in free cash flow, higher than 2023, despite lower energy prices. On April 1, Shell plc (NYSE:SHEL) completed its acquisition of Pavilion Energy. This move strengthens its global position in liquefied natural gas. Pavilion is based in Singapore and adds roughly 6.5 million tonnes per year of contracted LNG supply to Shell's portfolio, as well as important infrastructure like regasification capacity and a bunkering business. The acquisition aligns with Shell's strategy to grow LNG sales by 4-5% per year through 2030. Shell plc (NYSE:SHEL) was part of 14 billionaire portfolios at the end of Q4 2024. Overall, SHEL ranks 1st among the best UK stocks to buy according to billionaires. While we acknowledge the potential of UK stocks, our conviction lies in the belief that 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 SHEL but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
