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☆ A French Festival Focuses (Timidly) on English
▼ + stars: | 2023-07-13 | by ( Laura Cappelle | ) www.nytimes.com time to read: +1 min

As soon as the Portuguese director Tiago Rodrigues took over at the Avignon Festival, France’s biggest theater event, he announced a symbolic move: Under his direction, there would be a special focus on a different language every year, starting, this summer, with English. There was wincing from some quarters: To many in France, English is already far too culturally dominant. Of several dozen productions in the official lineup of this year’s festival, which runs through July 25, only six plays are predominantly in English. So far, however, the most intriguing discovery has been the sole American entry, “Baldwin and Buckley at Cambridge,” from Elevator Repair Service. From tables on opposite sides of the stage, Greig Sargeant (Baldwin) and Ben Williams (Buckley) spar with effective solemnity.

Persons: Tiago Rodrigues, hasn’t, Tim Etchells, Alexander Zeldin, “ Baldwin, Buckley, James Baldwin, William F, Buckley Jr, Greig Sargeant, Baldwin, Ben Williams Organizations: Avignon, France’s, Royal Court, Cambridge, Repair Service Locations: Portuguese, France, Avignon, British, ”, United States

☆ The economy feels worse than it actually is because people were spoiled by the snap-back recovery after the pandemic crash
▼ + stars: | 2023-07-11 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Americans feel bad about the economy, even though data shows a booming labor market. The recovery from the pandemic recession reset everyone's expectations about what a good economy looks like. Americans are feeling bad about the economy, and some of that is likely due to inflation eating at their budgets. Consumer confidence is still low, and, as JPMorgan Asset Management chief global strategist David Kelly writes, Americans feel an "unreasonable level of gloom." In short, the things that used to make Americans feel good or bad about the economy aren't as consequential anymore.

Persons: Aaron Terrazas, Labor Julie Su, that's, David Kelly, Kelly, Terrazas, —, would've Organizations: Service, Bureau of Labor Statistics, Labor, Pew Research Center, JPMorgan Asset Management, Fed Locations: Wall, Silicon, America

☆ Analysts are adjusting their price targets for Constellation — here's why we're on board
▼ + stars: | 2023-07-03 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Wall Street praised Constellation Brands (STZ) in a series of price target hikes to start the new week and quarter. We boosted our Club price target on Constellation on Friday to $270 per share from $260. BMO Capital increased price target to $290 from $263 Wells Fargo increased price target to $280 from $275 Bernstein increased price target to $287 from $280 JPMorgan raised price target to $276 from $273 Goldman Sachs raised price target to $275 from $264 Wedbush increased price target to $275 to $270 TD Cowen increased price target to $240 from $220 Truist raised price target to $240 from $220 The common theme, as we also pointed out, is the company's unrelenting beer momentum as the main factor that should drive the company's future growth. Constellation delivered resilient beer depletions, also known as the number of cases that are sold to retailers by a distributor. We were glad to see Wall Street analysts follow our price target increase.

Persons: That's, Bernstein, Goldman Sachs, Cowen, Bud Light, Bud, Jim Cramer's, Jim Cramer, Jim Organizations: Constellation Brands, Corona, Modelo, Constellation, BMO Capital, Wells, JPMorgan, Modelo Especial, Pacifico, Management, Wall, CNBC, Getty Locations: Pacifico, Corona, America, California, U.S

☆ Let's set the table for the second half by reflecting on this year's hated bull market
▼ + stars: | 2023-07-02 | by ( Jim Cramer | ) www.cnbc.com time to read: +18 min

You don't get the best first-half Nasdaq rally in 40 years simply because the Federal Reserve did this, or the yield curve in the bond market did that. It was almost as if it was prosaic to seek profits, like, "How dare you defy the teachings of the yield curve, you foolish soon-to-be- broke apostate." It was the second move, the second week of March, that told the second tale of the first half: the fall of Silicon Valley Bank. Here we had an out-of-nowhere collapse of a well-known seemingly well-run bank that ran afoul, again, of the yield curve. No company could rival Club stocks Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Microsoft and Meta Platforms (META) — nice metamorphous there and Tesla , not a Club name.

Persons: William Jennings Bryan, Gandhi, Bud, Altman, Sam Altman, Jensen Huang, Jensen, mutt, Cezanne, Monet, Shakespeare's Henry IV, Carl Quintanilla, David Faber, da, Lisa's, Wendy's, Scylla, Charybdis, ChatGPT, haut, Morgan Stanley's Mike Wilson, aren't, They've, isn't, Goldman Sachs, Tesla, Didn't, Freddie, Lehman, Jerome Powell, We've, it's, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Mad Organizations: Nasdaq, Federal Reserve, Intel, The New York Times, Veterans, Club, Microsoft, Nvidia, Globe Theatre, Silicon Valley Bank, Fed, Apple, Meta, RCA, US Steel, Washington Mutual, AIG, IBM, Jim Cramer's Charitable, CNBC, NYSE Locations: America, Philadelphia, OpenAI, Oz, Queens, mull, Ithaca, Weimar, Silicon, Republic, Valley, Delray , Florida, Alleghany, China

☆ We changed our price target on Constellation after listening to Friday's earnings call
▼ + stars: | 2023-06-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +6 min

Constellation Brands (STZ) delivered an earnings beat Friday, along with a compelling outlook that prompted us to raise our price target on shares of the Corona brewer. Excluding equity losses from Constellation's stake in cannabis company Canopy , adjusted earnings came in at $3.04 per share. Bottom line Management's full-year guidance — like the headline sales and earnings numbers — was better than the estimates from Wall Street. Company results Beer sales of $2.1 billion, up 11% year over year, were better than analysts' expectations of $2.07 billion. Taking out capital expenditures of $1.2 billion to $1.3 billion (unchanged), the free cash flow forecast comes in between $1.2 billion and $1.3 billion (unchanged).

Persons: —, we're, That's, depletions, Jim Cramer's, Jim Cramer, Jim, Daniel Acker Organizations: Constellation Brands, Corona, Refinitiv, Wall, Modelo Especial, Wall Street, Management, CNBC, Constellation Brands Inc, Bloomberg, Getty Locations: U.S, Ottawa , Illinois

☆ Top things to watch in the stock market Friday ahead of July 4 week
▼ + stars: | 2023-06-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Citi initiates coverage with a buy rating and a $240-per-share price target, which puts the stock at 30 times fiscal year 2025 earnings-per-share (EPS) estimates. Jefferies upgrades Carnival (CCL) to a buy rating and increases its price target to $25 per share from $9. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Dow, it's, Bausch, Brent Saunders, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Dow, Apple, Citi, Nike, JPMorgan, Nice, Modelo, Constellation Brands, Jefferies, Novartis, Troubled, Bausch Health, Mastercard, Jim Cramer's Charitable, CNBC Locations: Corona

The Samsung Galaxy Z Fold 4 is one of the best Samsung phones you can buy currently, though its $1,800 starting price tag is a significant investment. The best Galaxy Z Fold 4 cases effectively support the phone's foldable design and hinge and allow for wireless charging. Here, we've assembled a list of some of the best Galaxy Z Fold 4 cases from Samsung and from trusted brands like UAG, Spigen, and Otterbox. Will a Galaxy Z Fold 3 case fit a Galaxy Z Fold 4? Unfortunately, a Galaxy Z Fold 3 case will not fit a Galaxy Z Fold 4.

Persons: we've, you've, You'll Organizations: Samsung

☆ Toyota shareholders make 15% the new win-win
▼ + stars: | 2023-06-16 | by ( Antony Currie | ) www.reuters.com time to read: +3 min

Both Glass Lewis and ISS reckon there aren’t enough properly independent directors on the board, even though Toyota complies with the requirements laid down by the Tokyo Stock Exchange. Yet ISS held back from advising shareholders vote against them because it would risk “increasing management dominance of the board”. Toyota is a laggard on both and is now under pressure to get powerful investors back onside. CONTEXT NEWSMore than 15% of voting shareholders were against reappointing Chairman Akio Toyoda to Toyota Motor’s board at its annual meeting on June 14, the Japanese carmaker said on June 15. About 15% of shareholders who voted supported a resolution asking the company to issue an annual review of its climate lobbying activities.

Persons: Akio Toyoda, Glass Lewis, Glass Lewis plumped, Toyoda, Masahiko Oshima, carmaker, Pete Sweeney, Thomas Shum Organizations: MELBOURNE, Reuters, Toyota, ISS, Tokyo Stock Exchange, Sumitomo Mitsui Financial, Nikkei, California Public, New York, New York City Comptroller, Twitter, Thomson Locations: New York City

☆ 'Jurassic Park' still has bite at 30, and here's why
▼ + stars: | 2023-06-09 | by ( Dan Heching | ) edition.cnn.com time to read: +4 min

CNN —It’s been 30 years since Steven Spielberg’s dinosaurs stampeded across the screen in the first “Jurassic Park,” but it feels more recent. Admittedly, I was the exact target audience for this creature feature, and even though I was already somewhat of a self-taught critic (note the aforementioned mouthiness), I was awed by what I saw that summer three decades ago, and my impressions of “Jurassic Park” remain to this day. Joseph Mazzello in "Jurassic Park." Laura Dern, Sam Neill and Joseph Mazzello in "Jurassic Park." Add to that the amazing and meme-worthy smaller performances from Samuel L. Jackson (“Hold onto your butts!”), Wayne Knight (“Ah ah ah!

Persons: CNN — It’s, Steven Spielberg’s, Rex, Martin Ferrero, ”, Joseph Mazzello, dino, Kong ”, Ian Malcolm, Jeff Goldblum, Michael Crichton’s, Spielberg, John Williams, Laura Dern, Sam Neill, Goldblum, there’s Laura Dern, Sigourney Weaver, Sam Neill –, Samuel L, Jackson, Wayne Knight, Bob Peck, “, you’ve Organizations: CNN, Titans, Marvel

Despite hitting an 18-month low of 4.70% in April, analysts do not expect India's inflation to fall to the Reserve Bank of India's (RBI) 4% medium-term target in a sustainable manner for some time. India has raised rates by 250 basis points (bps) since May 2022, but surprised analysts in April by keeping them unchanged. India's hold on rates contrasts with recent central bank actions elsewhere. "Our goal is to achieve the inflation target of 4% and keeping inflation within the comfort band of 2-6% is not enough," Das said. Das said that the central bank would remain "nimble" with its liquidity operations amid spikes in overnight rates despite surplus liquidity in the banking system.

Persons: Shaktikanta Das, OIS, Das, Michael Patra, Suvodeep Rakshit, Gaura Sen Gupta, Swati Bhat, Sudipto Ganguly, Ira Dugal, Krishna N, Sam Holmes, Kim Coghill Organizations: REUTERS, Reserve Bank of India's, MPC, Reserve Bank of Australia, Bank of Canada, Reuters, Reuters Graphics Reuters, IDFC, Thomson Locations: Delhi, India, Anushree, MUMBAI

☆ Major 23 still on the cards as Djokovic springs into French Open last four
▼ + stars: | 2023-06-06 | by ( Julien Pretot | ) www.reuters.com time to read: +2 min

The twice Roland Garros champion could not find a weakness in the 11th-seeded Khachanov's serve at first, but once he took the second set tiebreak there was no looking back for the Serbian. Djokovic, however, was not completely happy with his performance but knew victory would not come easy. He has a big serve but maybe doesn't move as well so I tried to expose him and played unpredictable. There were no break points in the second set but Khachanov started to struggle and paid for his efforts, failing to score a point in the tiebreak as Djokovic levelled the contest. Djokovic got the early break thanks to a netcord in the third and stole Khachanov's serve again to move one set from victory with apparent ease.

Persons: Novak Djokovic, Karen Khachanov, Roland Garros, Carlos Alcaraz, Stefanos Tsitsipas, Philippe Chatrier, Djokovic, Khachanov, Khachanov's, Julien Pretot, Ken Ferris, Toby Davis Organizations: Serbian, Thomson Locations: Russian, Serbian

☆ Chuck Todd is stepping down from ‘Meet the Press’
▼ + stars: | 2023-06-04 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Chuck Todd, the longtime host of NBC’s “Meet the Press,” is stepping down from his role, he shared with the audience on Sunday. “When I took over ‘Meet the Press,’ it was a Sunday show that had a lot of people questioning whether it still could have a place in the modern media space,” Todd said on the show. But it’s important media leaders do not “overstay their welcome,” Todd said on the show. “I’ve let work consume me for nearly 30 years,” Todd said. “But it doesn’t mean sticking your head in the sand either; if you ignore reality, you’ll miss the biggest story,” Todd said.

Persons: Chuck Todd, Kristen Welker, Welker, Rebecca Blumenstein, Carrie Budoff Brown, “, ” Todd, we’ve, “ I’ve, I’ve, NBC –, Chuck Toddcast ”, Todd, ”, you’ll Organizations: New, New York CNN, Press, Sunday, NBC News, NBC, ‘ Locations: New York

☆ Chuck Todd to Leave ‘Meet the Press’
▼ + stars: | 2023-06-04 | by ( Benjamin Mullin | ) www.nytimes.com time to read: +1 min

Chuck Todd said on Sunday that he was stepping down from NBC’s “Meet the Press” after nine years in the moderator’s chair and would be succeeded by the network’s chief White House correspondent, Kristen Welker. In remarks at the conclusion of the show on Sunday, Mr. Todd, 50, said he was conscious that many leaders “overstay their welcome” and that he’d rather leave “a little bit too soon than stay a tad too long.”“I’ve let work consume me for nearly 30 years,” Mr. Todd said, according to a copy of his prepared remarks. “I can’t remember the last time I didn’t wake up before 5 or 6 a.m., and as I’ve watched too many friends and family let work consume them before it was too late, I promised my family I wouldn’t do that.”Mr. Todd, a longtime political journalist in Washington, started as moderator of “Meet the Press” in 2014. He has recently interviewed newsmakers including former Vice President Mike Pence, Vice President Kamala Harris, the Republican presidential aspirant Vivek Ramaswamy and Representative Hakeem Jeffries of New York, the House minority leader.

Persons: Chuck Todd, Kristen Welker, Todd, “, ” Mr, I’ve, Mr, Mike Pence, Kamala Harris, Vivek Ramaswamy, Hakeem Jeffries Organizations: White House, Republican Locations: Washington, New York

☆ The average wedding just hit $29,000
▼ + stars: | 2023-05-31 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +4 min

The average cost of a wedding, nationally, this year is $29,000, up $1,000 from 2022, according to online wedding planning site Zola. It said searches for alternative weddings – especially underwater weddings – have jumped 305% on its platform. “Though slightly challenging logistically, it should be interesting to see the data for underwater weddings in 2023,” she said. “Wedding photographer Kimber Greenwood, who specializes in underwater wedding photography, is booked to photograph 20 of them this year. The wedding industry should enjoy the recovery, because it may not last.

Persons: Zola, they’re, Emily Forrest, San, Esther Lee, ”, Knot’s Lee, “, Kimber Greenwood, Pinterest, Jenna Landi, “ There’s, Greenwood, they’ve Organizations: New, New York CNN, CNN, New York, Big Apple, Jewelers Locations: New York, New York City, San Francisco, Oakland, San Jose, Boston, Philadelphia, Miami, Ft . Lauderdale, Washington, Chicago, Los Angeles, Gainesville , Florida

Kishida has vowed to double childcare spending over the next three years in a bid to help reverse the country's dwindling birth rate. The government had previously estimated that it needed to secure around 3 trillion yen per year to cover the expansion of childcare allowances and other related benefits. Kishida unveiled the increased size of spending at a meeting of ministers, including Finance Minister Shunichi Suzuki, Goto said. The economy minister also attended the meeting. "Prime Minister Kishida told us to consider expanding childcare measures by around 3.5 trillion yen in the process of compiling the annual budget," Goto told reporters.

Persons: Fumio Kishida, Shigeyuki Goto, Kishida, Shunichi Suzuki, Goto, Kyodo newsagency, Yoshifumi Takemoto, Himani Sarkar Organizations: Finance, Kyodo, Thomson Locations: TOKYO, Japan

☆ Stocks rise on US debt ceiling deal but China drags
▼ + stars: | 2023-05-29 | by ( Stella Qiu | ) www.reuters.com time to read: +5 min

S&P 500 futures rose 0.3% while Nasdaq futures firmed 0.5%. After weeks of negotiations, congressional Republican McCarthy and Biden agreed on Saturday to avert an economically destabilising default by suspending the $31.4 trillion debt ceiling until 2025. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.2%, with falls in Chinese and Hong Kong shares offsetting gains seen elsewhere. U.S. shares rallied at the end of last week on hopes of a debt ceiling deal and bets on artificial intelligence firms. Elsewhere in the currency markets, the dollar index - a measure of the greenback against its major peers - was a touch lower at 104.17 as risk-sensitive currencies staged a rebound.

☆ Asian shares, US futures rise on debt ceiling deal
▼ + stars: | 2023-05-29 | by ( Stella Qiu | ) www.reuters.com time to read: +5 min

The positive news lifted S&P 500 futures 0.2% in Asia while Nasdaq futures firmed 0.4%. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) gained 0.3%, after a 1.1% drop the previous week. Two-year yields hit a 2-1/2 month high of 4.6390% on Friday on markets bets of higher Federal Reserve rates for longer. U.S. shares rallied at the end of last week on hopes of a debt ceiling deal and on optimism about artificial intelligence. However, it is still not too far from a two month high hit on Friday.

It's important to understand your money story — the beliefs you have about how you get and spend money. "Emotions can cause and contribute to how you spend money, and vice versa, how we spend can cause and contribute to our emotional state being affected. Financial literacy isn't enough to solve many problems »Audit your emotions — and consider a journalTo get in touch with your emotions around money, keep track of them, suggests Wamala. "Ignoring your emotions keeps you in the dark when it comes to how and why you spend money," she says. "Rather than demonizing our money-related emotions, it's a much more empathic and sustainable approach to get curious about your emotions."

☆ Here are stocks that win when inflation slows
▼ + stars: | 2023-05-10 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Inflation moderated a tad in April, and so stocks that win historically when inflation eases could be big winners ahead if that trend continues. The easing in inflation could give a boost to stocks that have historically tracked the opposite direction of rising prices, according to Bank of America analysis. The Wall Street firm created an "Anti-Inflation" screen with S & P 500 companies whose relative performance has a strong negative relationship — or beta — with inflation. Amazon is on the top of the list with the strongest negative relationship to inflation. Consumer staples should also benefit from easing inflation, including Clorox and Kroger , which have historically moved in opposite direction to inflation.

☆ Coterra Energy's earnings beat, free cash flow keep us investors in the oil-and-gas play
▼ + stars: | 2023-05-04 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Oil-and-gas producer Coterra Energy (CTRA) on Thursday delivered a top-and -bottom-line beat for the first quarter, while reiterating its commitment to return at least half of its free cash flow to shareholders like us. Free cash flow is a particularly important metric for Coterra because the company's management remains committed to returning at least 50% to shareholders through a base dividend and share repurchases. Capital allocation Coterra said it plans to return a total of $420 million to shareholders, representing about 76% of its free cash flow in the first quarter. Notably, Coterra lowered its full-year expectation for free cash flow by $300 million, largely due to a $400 million reduction in its forecast for operating cash flow. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ These Are the Best Pillows for Stomach Sleepers
▼ + stars: | 2023-05-03 | by ( ) www.wsj.com time to read: +16 min

By Lisa LombardiIf you’re a stomach sleeper, you’ve likely shopped for squishy, soft pillows in the past. That’s why finding the ideal pillow for stomach sleepers can prove to be difficult. It cushioned my head without allowing it to collapse into the mattress, like some other soft pillows do. Best upgrade pillow for stomach sleepersCozy Earth Silk Pillow $224 at Cozy Earth $ 299 Save $ 75 Silk-filled with a breathable bamboo cover, this pillow is a luxe pick for stomach sleepers who tend to overheat while they sleep. This flexibility proves particularly helpful for stomach sleepers, since getting the right loft is important to avoiding neck discomfort.

☆ Sumitomo triples down on Jefferies at right time
▼ + stars: | 2023-04-28 | by ( Antony Currie | ) www.reuters.com time to read: +3 min

MELBOURNE, April 28 (Reuters Breakingviews) - Jun Ohta may have preferred to catch a bigger Wall Street fish. But the CEO of Japan’s Sumitomo Mitsui Financial Group (8316.T) is expanding his relationship with relative minnow Jefferies (JEF.N) at an opportune moment. The $56 billion SMFG also intends to increase its ownership of the $7.6 billion company run by Richard Handler to 15% by purchasing ordinary shares that it will convert into preferred stock. Slumping deal flow after what Jefferies called an “off-the-charts” 2021 prompted its earnings to more than halve last year. SMFG will buy common stock on the open market and then convert it into non-voting preferred stock.

Kirin has offered A$95 cash per Blackmores share, a 23.7% premium to the stock's last close, and a tad higher than its 22.4% jump in morning trade. Before the Kirin deal, its shares had been trading at one-third of their value at the height of the daigou craze in 2016. The board of Blackmores has unanimously recommended shareholders support the deal, with top shareholder and former chairman Marcus Blackmore also agreeing to vote in favour. Blackmores' share price rose as much as 22.4% to A$94, its highest since December 2021. Blackmores shareholders will be able to vote on the offer at a shareholder meeting in July and the companies expect the deal to close in early August.

☆ ‘Ted Lasso’ Season 3, Episode 7 Recap: Restaurant Week
▼ + stars: | 2023-04-26 | by ( Christopher Orr | ) www.nytimes.com time to read: +3 min

At the end of the episode, Sam takes his father to see the fractured restaurant, only to find his teammates hard at work repairing it. Now, I confess I’d spent much of the episode trying to remember why Sam had named the restaurant Ola’s; I was planning to recheck Episode 3 and even last season for clues. Keeley and JackPresumably having Aurora-Borealised to their hearts’ content last episode, Keeley and Jack mostly limit themselves to coffee this time around, even if those coffees involve signed Jane Austen first editions and jewelry-filled pastry. In between, Keeley — who’d confided to Jack her love of daisies — returns to an office overflowing with them. (Also, is it just me or is it a tad stalker-y for Jack to secretly pay for Keeley and Rebecca’s dinner?)

☆ Morgan Stanley delivered a solid quarter, despite gathering macroeconomic clouds
▼ + stars: | 2023-04-19 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Club holding Morgan Stanley (MS) reported better-than-expected first-quarter results on Wednesday, even as the stock came under pressure due to rising expenses. Morgan Stanley stock initially tumbled nearly 4%, before reversing some of those losses to rise just under 1% in afternoon trading Wednesday, to about $90.50 a share. Bottom line An increase in provisions for credit losses and higher-than-expected compensation expenses weighed on shares early in Wednesday's session — but Morgan Stanley, nonetheless, reported a solid first quarter. Despite a difficult operating environment, Morgan Stanley remains a best-in-class investment bank. The Morgan Stanley headquarters building is seen on January 17, 2023 in New York City.

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