Latest news with #SPSC
Express Tribune
a day ago
- Politics
- Express Tribune
NAB probes ex-SPSC chairman, 15 others over 'illegal appointments'
The premier graft-buster has launched an inquiry against the former chairman of the Sindh Public Service Commission (SPSC) and several other officials over allegations of corruption and irregularities in the recruitment process. The NAB initiated the probe following reports of large-scale illegal appointments and misuse of authority within the SPSC. The graft-buster has formally sought the complete service and recruitment records of 16 current and former SPSC officials, including ex-chairman Noor Muhammad Jadmani, secretaries, members, controllers, and additional controllers. Those named in the investigation include Aftab Anwar Baloch, Haresh Chander, Saindad Solangi, Ghulam Shabbir Sheikh, Ahmad Ali Qureshi, Abdul Karim Durrani, Hadi Bux Kalhoro, Shaukat Ujjan, Javed Chachar, Imtiaz Jhagirani, Muhammad Usman Memon, Abdul Khaliq Jamali, Akhlak Ahmad Kalwar, and Sohail Patoli. In a formal letter to the incumbent SPSC chairman, NAB has directed the commission to submit within seven days all relevant documents, including complete records of all court petitions filed against the commission, details of cases that have been decided, as well as those still pending adjudication. The accountability watchdog has further warned that any attempt to withhold information, cause undue delay, or mislead the investigation will be treated as obstruction of inquiry under Section 31 of the National Accountability Ordinance (NAO), 1999. The offence carries a potential sentence of up to 10 years' imprisonment. Sources told The Express Tribune that the commission had previously submitted incomplete records, prompting NAB to express dissatisfaction and demand full disclosure within the stipulated time. In the next phase of the investigation, individuals who allegedly benefitted from the irregular recruitment process will also be summoned.
News.com.au
19-06-2025
- News.com.au
‘Pretty wild': Students cook teacher breakfast at his home
Students from an elite Adelaide private school visited a teacher's home to cook him a surprise breakfast for an end-of-year celebration, in an incident one parent has called 'deeply troubling'. The Adelaide Advertiser reports 10 year 12 students from St Peter's College arranged the breakfast for head of science faculty Hiwa Jaldiani one day in term four last year, arriving at his home at about 5.45am. The students' parents were aware of the plans, and the breakfast was organised without Mr Jaldiani's knowledge but with his family's consent, according to the report. They cooked and ate breakfast with Mr Jaldiani while one teen played the piano, leaving at around 7.30am. Mr Jaldiani reportedly wrote in an email to staff after the event that it was 'pretty wild but in a fun way'. 'When I finally stepped out of the bedroom, boom — surprise,' he wrote. 'Around 10 year 12 students were in the kitchen, cooking up breakfast for the whole family. They were so polite, exactly what you'd expect from SPSC students.' The teacher informed school leadership after incident, which immediately launched a review and reinforced 'expectations around professional boundaries and appropriate engagement outside school hours and settings'. 'While the intent of the students was respectful, the school remains committed to upholding clear and consistent standards for staff and student conduct,' St Peter's College headmaster Tim Browning told the newspaper. One outraged parent, whose child was not involved in the breakfast, told the Advertiser the breakfast was 'deeply troubling on several levels'. 'There's no way I'd be letting my child cook breakfast at a teacher's house,' the parent said. 'I get on well with my doctor but I would find it a bit odd if he were to invite me to dinner. That's the relationship between a teacher and student.'
Leaders
19-05-2025
- Health
- Leaders
SPSC Hosts Side Event on Advancing Global Patient Safety at WHA78 in Geneva
Reaffirming the Kingdom's commitment to global efforts in enhancing patient safety, the Saudi Patient Safety Center (SPSC) hosted a side event during the 78th World Health Assembly (WHA78) in Geneva, focused on accelerating the implementation of the Global Patient Safety Action Plan 2021–2030. Titled 'From Plan to Impact: Accelerating the Global Patient Safety Action Plan in a Risk-Prone World,' the event was held at the Palais des Nations and welcomed over 200 health leaders, policymakers, and representatives from international organizations. Moreover, the session emphasized strategies for advancing patient safety amid growing global health challenges, promoting international collaboration to build safer, more sustainable healthcare systems. Co-sponsors included the United Arab Emirates, Qatar, Oman, the Philippines, the Maldives, the International Society for Quality in Health Care (ISQua), the Organisation for Economic Co-operation and Development (OECD), and the Global Patient Safety Leadership Group (GPSLG). Key discussions highlighted national success stories, effective policy implementation, and capacity-building approaches, with a shared goal of fostering a culture of safety and accelerating progress on the Global Patient Safety Action Plan. Related Topics: Health Care in Saudi Arabia: Unique umbrella covers all humans Stride into Health: Saudi Launches 'Walk 30' Public Fitness Drive Makkah Municipality Issues Health Certificate Guidelines for Hajj Season 1446 Global Health: Gaza System Stockpiles to Run Out in 2 Weeks to Month Short link : Post Views: 2
Yahoo
29-04-2025
- Business
- Yahoo
Here's Why SPS Commerce (SPSC) Shares Declined by 14%
Conestoga Capital Advisors, an asset management company, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equity markets started the year with a rally due to optimism about a strong economy and expectations of moderating inflation and lower interest rates. However, concerns over slowing earnings from major Technology companies, geopolitical tensions, and an upcoming announcement on tariffs led to a sharp decline in equities by the end of the first quarter. Investors sought safety, driving U.S. Treasury yields down. The Conestoga Small Cap Composite returned -11.35% (net) in the first quarter compared to the Russell 2000 Growth Index's -11.12% return. The Conestoga SMid Cap Composite returned -5.73% compared to the Russell 2500 Growth Index's -10.80% return. The Conestoga Micro-Cap Composite returned -8.24% vs the Russell Microcap Growth Index's return of -17.75%. Finally, the Conestoga Mid Cap Composite returned 0.96% (net), compared to the Russell Midcap Growth Index's -7.12% return. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2025. In its first-quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as SPS Commerce, Inc. (NASDAQ:SPSC). Headquartered in Minneapolis, Minnesota, SPS Commerce, Inc. (NASDAQ:SPSC) offers cloud-based supply chain management solutions. The one-month return of SPS Commerce, Inc. (NASDAQ:SPSC) was 5.12%, and its shares lost 23.53% of their value over the last 52 weeks. On April 28, 2025, SPS Commerce, Inc. (NASDAQ:SPSC) stock closed at $139.53 per share with a market capitalization of $5.299 billion. Conestoga Capital Advisors stated the following regarding SPS Commerce, Inc. (NASDAQ:SPSC) in its Q1 2025 investor letter: "Shares declined by 14% on the date SPS Commerce, Inc. (NASDAQ:SPSC) announced fourth quarter earnings. New CEO Chad Collins has been active in acquiring technologies to help SPSC broadens its set of offerings. This coincides with a moderate deceleration in organic growth that has investors questioning management's revenue growth target and, more specifically, how much will be organic. SPSC has historically grown through a combination of wallet share expansion and new customer additions. While typically balanced, this has shifted to mostly wallet share growth, raising another question with investors around new logo acquisition." A warehouse full of products and packages ready for rapid fulfillment. SPS Commerce, Inc. (NASDAQ:SPSC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 29 hedge fund portfolios held SPS Commerce, Inc. (NASDAQ:SPSC) at the end of the fourth quarter, compared to 27 in the third quarter. SPS Commerce, Inc.'s (NASDAQ:SPSC) first quarter revenue grew 21% to $181.5 million and recurring revenue grew 23%. While we acknowledge the potential of SPS Commerce, Inc. (NASDAQ:SPSC) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered SPS Commerce, Inc. (NASDAQ:SPSC) and shared the list of worst performing software stocks to buy according to analysts. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
24-04-2025
- Business
- Yahoo
SPS Commerce: Q1 Earnings Snapshot
MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — SPS Commerce Inc. (SPSC) on Thursday reported first-quarter profit of $22.2 million. The Minneapolis-based company said it had net income of 58 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to $1 per share. The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share. The provider of supply chain software services to businesses posted revenue of $181.5 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $179.5 million. For the current quarter ending in June, SPS Commerce expects its per-share earnings to range from 87 cents to 90 cents. The company said it expects revenue in the range of $184.5 million to $186.2 million for the fiscal second quarter. SPS Commerce expects full-year earnings in the range of $3.86 to $3.93 per share, with revenue ranging from $758.5 million to $763 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SPSC at Sign in to access your portfolio
