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Thousands of MSCS students may be in summer school after TCAP
Thousands of MSCS students may be in summer school after TCAP

Yahoo

time3 days ago

  • General
  • Yahoo

Thousands of MSCS students may be in summer school after TCAP

MEMPHIS, Tenn. — Thousands of Memphis-Shelby County School students who did not pass the English portion of the TCAP could be enrolled in the district's summer learning program. According to the state's third grade retention law in effect since 2022, students can choose to enroll or be held back, unless they retake the test and score proficiently, enroll in tutoring for the following year, or attend summer school. Under the law, third graders who don't achieve a proficient score on the English Language Arts portion of the TCAP will be held back. WREG reached out to MSCS to find out how many students are enrolled in the summer learning program this year, and how many of those students did not pass the English TCAP, but we have not heard back yet. Last year, nearly 7,000 students participated in the program, and they showed improvements in English-Language Arts. English TCAP scores increase slightly for Memphis 3rd and 4th graders In the 2023 – 2024 school year, 26.6% of Memphis-Shelby County School students met or exceeded proficiency on the test. Although it was a slight increase from the previous year, State Representative Mark White says he wants to see more progress. 'Well, they continue to do well in growth, but that is not proficient,' White said. 'A proficiency is when you get above a certain level in reading proficiency. The latest scores that are MSCS is 23% reading proficiency for our third graders. That's not acceptable.' To improve literacy and proficiency rates, Representative White says it's important to make improvements within the school system before students enter the third grade. 'No one wants to hold back an eight-year-old, so now we're looking back at, 'What are we not doing in first and second grade and kindergarten that we don't have a child prepared by the time they're in third grade or eight-years-old?'' White said. Black bear feasts on pears in DeSoto County backyard White tells WREG that he's been working with MSCS to make adjustments that will improve literacy rates for students and better prepare them for the English-TCAP. 'The summer school is a good program, we're going to continue look at more, maybe more better ways,' he said. 'First of all, let's move back to first and second grade, so we're not talking about holding back a third grader. If you're not reading proficiently by third grade, we've already missed the mark in our education system.' This year's TCAP results are expected to be released sometime this summer. When we receive those results and a response from MSCS, we will let you know. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Investors in TP ICAP Group (LON:TCAP) have seen splendid returns of 148% over the past three years
Investors in TP ICAP Group (LON:TCAP) have seen splendid returns of 148% over the past three years

Yahoo

time25-05-2025

  • Business
  • Yahoo

Investors in TP ICAP Group (LON:TCAP) have seen splendid returns of 148% over the past three years

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you buy shares in a really great company, you can more than double your money. To wit, the TP ICAP Group PLC (LON:TCAP) share price has flown 100% in the last three years. That sort of return is as solid as granite. The last week saw the share price soften some 2.3%. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. We've discovered 2 warning signs about TP ICAP Group. View them for free. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. TP ICAP Group was able to grow its EPS at 223% per year over three years, sending the share price higher. This EPS growth is higher than the 26% average annual increase in the share price. Therefore, it seems the market has moderated its expectations for growth, somewhat. This cautious sentiment is reflected in its (fairly low) P/E ratio of 11.70. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). We know that TP ICAP Group has improved its bottom line over the last three years, but what does the future have in store? This free interactive report on TP ICAP Group's balance sheet strength is a great place to start, if you want to investigate the stock further. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, TP ICAP Group's TSR for the last 3 years was 148%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. It's nice to see that TP ICAP Group shareholders have received a total shareholder return of 32% over the last year. Of course, that includes the dividend. That's better than the annualised return of 3% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. It's always interesting to track share price performance over the longer term. But to understand TP ICAP Group better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with TP ICAP Group , and understanding them should be part of your investment process. If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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

Tennessee reading law: What to know as TCAP scores released, third graders face retention
Tennessee reading law: What to know as TCAP scores released, third graders face retention

Yahoo

time20-05-2025

  • General
  • Yahoo

Tennessee reading law: What to know as TCAP scores released, third graders face retention

The widespread effects of the Tennessee reading and retention law will be felt again this year for thousands of public school third and fourth graders and their families. The Tennessee Department of Education will release third grade results on the English language arts portion of the Tennessee Comprehensive Assessment Program, or TCAP, to districts on May 20. That sets off a fast-moving timeline that will ultimately determine if third graders who fall short on the test will move on to fourth grade or be held back. Thousands of fourth graders who opted for yearlong tutoring to avoid retention last year are also affected by the law. Here's what parents need to know about navigating the implications of the law. Tennessee reading law: Less than 1% of third graders held back in 2024 The standardized TCAP test, also known as TNReady, was administered in April for Grades 3-5. Testing dates varied by district. TCAP scores are typically released in two waves over the summer and early fall each year. However, the Tennessee Department of Education will release some scores and data early for third and fourth graders affected by the reading law. English language arts scores for third graders will be released to districts on May 20 . Growth data for fourth graders will be released by July 1. It will be up to districts to relay that information to parents and legal guardians and inform them of next steps. In 2024, 60% of third graders fell short of the state's reading benchmark. That number does not factor in automatic exemptions. After exemptions, retakes, summer school and the appeal process all unfolded, less than 1% of last year's third graders were held back under the reading law, which totaled 655 students. The law also affects nearly 7,500 fourth graders who qualified and opted into yearlong tutoring to avoid retention last year. Those students must pass the English language arts section of this year's TCAP or meet an individualized growth goal set by the state. If they do not, their school must call a conference with the student's parent or guardian, English language arts teacher and school principal to determine if the child will be held back or move on to fifth grade with academic supports, including tutoring. 'Not a reading proficiency test': TN parents, experts question TCAP use in third grade law Yes. Some third graders whose scores fall short can move on to fourth grade without any further action. Those students include: English language learners who have received less than two years of English language arts instruction Those who were held back in a previous grade Students with disabilities or suspected disabilities that impact their literacy development It is up to the districts to sort out those students and inform parents. Try a TCAP practice test: See how Tennessee measures third grade reading Third graders who score as approaching proficiency must complete one of the following to move on to fourth grade: Retest and score on grade level, with a retest window of May 21-30 Enroll in summer school, meet 90% attendance and show adequate growth Have a free state-provided tutor for the entirety of fourth grade Additionally, third graders who scored at or above the 50th percentile on their spring reading screening test can also move on if they enroll in tutoring for the entirety of fourth grade. The State Board of Education defines "adequate growth" for third graders as a student scoring at least five percentage points higher on a post-summer school test than their baseline score. The baseline can be either their initial TCAP English language arts score or their retake score. Third graders who score as below proficiency have the following options to move on: Retest and score on grade level, with a retest window of May 21-30 Enroll in summer school with 90% attendance rate and have a free state-provided tutor for the entirety of fourth grade Retake scores will be given to districts within two days of testing. Retesting and summer school dates vary by district. Students who opt for fourth grade tutoring must demonstrate adequate growth on their TCAP the following spring to avoid possible retention or extra steps to advance to fifth grade. To move on to fifth grade with no additional steps, fourth graders who enrolled in tutoring under the reading law must either pass the English language arts section of the TCAP or reach an "adequate growth" goal. The state's formula for adequate growth for fourth graders factors in the student's English language arts score on the TCAP and the probability that they will eventually reach proficiency. The growth goal is individualized to each student. Adequate growth data will be sent out to districts by July 1. If fourth graders do not meet either benchmark, the next steps are up to the student's parents, English language arts teacher and principal. There is an appeal process for third graders who scored as approaching expectations and faced a catastrophic event that impacted their ability to perform on the TCAP. The appeal window will be open from May 28-June 27. Once parents and legal guardians are notified of a retention decision, they have 14 days to file the appeal. Authorized school personnel are also allowed to file an appeal on behalf of a parent or legal guardian. Final retention notifications will be made sometime in July and will vary by district. For students enrolled in summer programming, decisions must be relayed to parents within 10 calendar days of the first day of school. Decisions for students who are not in summer programming may be made sooner. Here are all the key dates in one place for 2025: May 20: English language arts TCAP scores for third graders released to districts May 21-May 30: Third grade English language arts TCAP retake window May 28-June 27: Appeal window for third graders By July 1: Adequate growth data for fourth grade students released to districts In July: Final retention notifications made, including for students who participated in summer programming Summer programming dates will vary by district. More information on the third grade reading and retention law from the Tennessee Department of Education can be found at This article originally appeared on Nashville Tennessean: Tennessee reading law: What to know as third grade TCAP scores released

Cryptex Finance Announces the Appointment of Annemarie Tierney to Advisory Board, Strategic Collaboration With Morrison Warren, to Drive Strategic Growth
Cryptex Finance Announces the Appointment of Annemarie Tierney to Advisory Board, Strategic Collaboration With Morrison Warren, to Drive Strategic Growth

Associated Press

time13-05-2025

  • Business
  • Associated Press

Cryptex Finance Announces the Appointment of Annemarie Tierney to Advisory Board, Strategic Collaboration With Morrison Warren, to Drive Strategic Growth

Appointments bring traditional financial market discipline and strategic insight to Cryptex Finance's growing suite of decentralized index products. NEW YORK CITY, NEW YORK / ACCESS Newswire / May 13, 2025 / Cryptex Finance, a leading platform for cryptocurrency index solutions, today announced the appointment of distinguished securities law and digital asset regulation expert Annemarie Tierney to its advisory board, as well as a strategic relationship with ETF and index fund expert Morrison Warren. Their combined expertise in ETF development and financial markets will help guide Cryptex Finance as it expands its product offerings and builds institutional-grade indexing software for digital asset markets. 'These strategic relationships represent a significant milestone in our mission to bring established financial market tools like indices to the decentralized finance ecosystem,' Cryptex Finance Co-Founder Joe Sticco said. 'Annemarie and Morrison bring decades of experience in precisely the areas we need to position Cryptex Finance as the benchmark index platform for digital assets.' Cryptex Finance is the creator of TCAP (Total Cryptocurrency Market Cap token), the world's first tokenized index to offer decentralized exposure to the entire cryptocurrency market through a single asset. This innovative ERC-20 token tracks the total market capitalization of all digital assets - similar to how the S&P 500 indexes major U.S. equities. TCAP is the first in a planned series of index-based products that Cryptex Finance will roll out as part of its broader mission to deliver institutional-grade indexing software for digital asset markets. 'Cryptex Finance is building the kind of foundational market infrastructure that digital assets need to reach broad, long-term adoption,' Tierney said. 'I'm excited to support a team focused on transparency, regulatory awareness, and product integrity.' 'The next wave of digital asset investing will be driven by structured, index-based solutions that investors trust,' Warren said. 'Cryptex Finance is ahead of that curve, and I look forward to contributing to its evolution.' 'We are fortunate to welcome two new people with such directly relevant experience,' Sticco said. 'Annemarie's depth in digital asset regulation and Morrison's mastery of index-based product development will be instrumental as Cryptex Finance continues to build institutional-grade indexing software for digital asset markets.' Profiles Annemarie Tierney brings critical expertise in securities law and digital asset regulation as the Founder and Principal of Liquid Advisors. Previously, she served as Head of Strategy at Nasdaq Private Market. As General Counsel at SecondMarket Holdings (now Digital Currency Group), Annemarie pioneered, envisioned and executed the Grayscale Bitcoin Investment Trust (GBTC). Her background at the U.S. Securities and Exchange Commission further strengthens Cryptex Finance's regulation-first approach as it scales. Morrison Warren contributes exceptional ETF and index fund experience as Partner and Co-Chair of Chapman's Investment Management Practice Group, which serves as fund counsel to over 525 ETFs representing more than $350 billion in assets under management. He has been at the forefront of the blockchain and digital asset industry, advising on physically backed bitcoin ETFs, futures-based crypto funds, and tokenized investment vehicles. About Cryptex Founded in 2021, Cryptex Finance is the creator of TCAP, the world's first Total Crypto Market Cap token. By combining traditional financial modeling with decentralized infrastructure, Cryptex Finance delivers transparent, accessible, and efficient investment tools for the modern digital economy. Contact InformationJon Leiberman SOURCE: Cryptex Finance, LLC Related Images press release

Educators meet with lawmakers to discuss effects of school vouchers
Educators meet with lawmakers to discuss effects of school vouchers

Yahoo

time11-02-2025

  • Politics
  • Yahoo

Educators meet with lawmakers to discuss effects of school vouchers

MEMPHIS, Tenn — A group of teachers went to the State Capitol to meet with lawmakers to talk about vouchers Monday. Members of the Memphis Shelby County Education Association headed to Nashville to learn all they could about Tennessee's new voucher program. Among them are Memphis classroom teachers with education issues in mind, including what subjects will be taught to students once they move from public to private school. Teachers to talk about school voucher law with state leaders 'I'm a Social Studies teacher, so the content of my craft really matters most,' said Mildred Williams. 'Because when you talk about critical race theory, you are talking about eradicating and debasing the history that has been taught.' Now that vouchers are here these educators want to know the rules and regulations that will come with them. While the state says public school students who move to private school will still have to take the TCAP and must meet family income guidelines, these teachers want to know what oversight will be done. 'As teachers, we should have some input on what we are teaching our kids,' said Union Representative Dolores Rivers. 'Because when you decide to teach certain things, then a lot of other important issues get left out like Black History and other things that impact our predominantly black district.' What vouchers could mean for private, public schools 'When you look at what is going on in Memphis and Shelby County, we are out-performing the state at every level,' said Executive Director of MSCEA Keith Williams. These teachers want assurances, saying vouchers are already taking money from public schools. They want to know what else may be taken. 'It's all about the money -the $2 million budget,' said MSCEA member Rosemary Winters. The teachers will be meeting with senators all day tomorrow in Nashville. WREG reached out to state lawmakers for more on the voucher guidelines. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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