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Agnico Eagle Mines (NYSE:AEM) Price Target Lowered to $235.00 at JPMorgan Chase & Co.
themarketsdaily49d ago

Agnico Eagle Mines (NYSE:AEM) Price Target Lowered to $235.00 at JPMorgan Chase & Co.

Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) had its price target reduced by JPMorgan Chase & Co. from $248.00 to $235.00 in a report issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the mining company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 5.80% from [...]

#COMMODITIES
USD/CHF Holds Steady: The Swiss Franc’s Resilient Defense Above 0.7700 Awaits Critical Fed Minutes
bitcoinworld49d ago

USD/CHF Holds Steady: The Swiss Franc’s Resilient Defense Above 0.7700 Awaits Critical Fed Minutes

BitcoinWorldUSD/CHF Holds Steady: The Swiss Franc’s Resilient Defense Above 0.7700 Awaits Critical Fed MinutesIn the quiet corridors of the global forex market, the USD/CHF currency pair demonstrates notable resilience, holding firmly above the 0.7700 psychological threshold. This stability emerges during a period of subdued trading volume as market participants worldwide adopt a cautious stance. The collective focus now shifts decisively toward Washington D.C., where the imminent release of [...]This post USD/CHF Holds Steady: The Swiss Franc’s Resilient Defense Above 0.7700 Awaits Critical Fed Minutes first appeared on BitcoinWorld.

#FOREX
Techies use AI solutions for health, social services
manilatimes49d ago

Techies use AI solutions for health, social services

YOUNG innovators utilized the power of artificial intelligence to drive positive change in health and social services at Hackamare: AI Hackathon — a competition held by Compile, the official school of computing organization of iAcademy, an institution that specializes in computing, business and design. Themed “Igniting Innovation through Artificial Intelligence: Innovation and Social Change in NCR,“ the hackathon challenged groups of technology and management students from various schools and colleges to conceptualize and develop AI-powered solutions which analyze real-world data and generate meaningful and actionable insights to inform policy and improve life in the National Capital Region. The entries were screened based on creativity and originality of the idea, as well as technical implementation, which covers its functionality, AI/Large Language Model (LLM) integration, and code quality. Design and usability, which focuses on the interface design, system architecture, and user experience, were likewise factored. Completing the criteria were the relevance and impact of the project, which includes practical application and benefits, as well as presentation and documentation, which must be clear and persuasive. The panel of judges comprised a roster of industry leaders from global technology company IBM, including AI engineer Sean Nieva, client success manager Doni Andres, and technical sales leader Jong Torres. Hackamare gathered 18 teams from iACADEMY, De La Salle-College of Saint Benilde, National University, and Pamantasan ng Lungsod ng Maynila. Two teams from the Information Systems program of the Benilde School of Management and Information Technology (SMIT) won the contest. “This performance reinforces our commitment to cultivating agile, strategic, future-ready innovators, primed for the AI-powered economy,” SMIT faculty marketing coordinator and marketing management program chairman Erickson Jao said. “The momentum is undeniable, and the trajectory is upward.“Team Try Catchers, composed of Xander Julius Abo, Gabrielle Ysabel Almirol, and Yashley Joaquin Chua, was the overall champion. Its winning proposal, BantayAyuda, is a Python Django-based web application that utilizes machine learning, geographic information systems, and SMS automation to enhance the efficiency and transparency of emergency cash transfer distribution for flood-affected communities in the Philippines. “With a growing number of urban poor households residing in flood-prone areas, the project sought to streamline post-disaster financial aid by automating the assessment and allocation processes traditionally performed through manual and time-consuming post-disaster needs assessments (PDNA) by the Department of Social Welfare and Development (DWSD),” the students explained. Team Hackabaldo won first place in the Openhouse Undergraduate Category. The group was composed of Lorenzo Diaz, Philip Teves, and Antoine Viñas. Its concept, Meditrack, is a dashboard designed to modernize barangay-level health management. By analyzing data, it detects illness patterns and provides real-time information on medicine availability to support faster, data-driven decision-making. “Many barangay health centers in the Philippines still rely on manual record-keeping and disconnected reporting systems, which makes it difficult to respond promptly to health concerns,” the team members said. “The lack of real-time data leads to delays in identifying outbreaks, unequal distribution of medical supplies, and limited access to updated health information for residents.”

#TECH
LTFRB to hold weekly hearings on fare hike petitions
manilatimes49d ago

LTFRB to hold weekly hearings on fare hike petitions

THE Land Transportation Franchising and Regulatory Board (LTFRB) said that it will begin a series of hearings and public consultations on petitions for fare increases following successive oil price hikes.LTFRB Chairman Vigor Mendoza II said two hearings will be held next week, with weekly discussions to follow, to assess requests from transport groups seeking higher minimum fares.“We will be holding two hearings next week to discuss all the issues surrounding the petitions for fare increase, and we will be holding weekly hearings in relation to the matter after that,” Mendoza said in a statement.Several transport groups filed petitions citing rising fuel prices and higher maintenance costs, including the high prices of vehicle parts and other operating expenses.Mendoza said the LTFRB’s own verification and studies found merit in the arguments the groups raised.“Drivers and operators are really at a disadvantage in the prevailing fare matrix. The arguments they raised in the petition are valid and really represent the realities on the ground,” he said.The last fare adjustment was approved in October 2023, when the LTFRB granted a provisional P1 increase, which Mendoza described as a compromise as the country was still recovering from the economic effects of the Covid-19 pandemic.Since then, several petitions have been filed, with the most recent submitted by three major transport groups in October 2024.The proposals seek to make the 2023 provisional increase permanent and add another P2 to the minimum fare, raising traditional jeepney fares from P13 to P15 and modern jeepney fares from P15 to P17.The petitions also call for higher charges for every succeeding kilometer beyond the 4-kilometer minimum.While the LTFRB has been trying to avoid fare increases due to their potential impact on inflation, Mendoza said the recent oil price hikes reopened discussions on the issue.“We understand that any increase in fares affects the daily lives of commuters who rely on jeepneys for affordable transportation, but we must also ensure that our drivers and operators can sustain safe and reliable services and provide for their families,” he said.Mendoza said the agency will invite economic experts and consult with concerned government offices, including the Department of Economy, Planning and Development, to assess the broader economic impact and identify possible compromises.Aside from jeepneys, bus and taxi operators have also filed separate petitions seeking fare adjustments.

#ECONOMY