At Chalcedon, Pope St Leo the Great was the one who drafted the main document, the Tome, and it was widely hailed by the bishops in attendance as masterful defense of orthodoxy. Pope Leo the Great's authoritative role at the council exemplifies the recognition of Roman Supremacy. His "Tome" was accepted as a standard of orthodoxy, and his legates presided over the council, affirming the pope's authority . To Quote Session II of the Acts of the Council records:
βAfter the reading of the foregoing epistle [The Tome of Leo], the most reverend bishops cried out: βThis is the faith of the fathers! This is the faith of the apostles! So we all believe! Thus the orthodox believe! Anathema to him who does not thus believe! Peter has spoken thus through Leo! . . . This is the true faith! Those of us who are orthodox thus believe! This is the faith of the Fathers!ββ (Acts of the Council, session 2 [A.D. 451]).
At Chalcedon, Pope St Leo the Great was the one who drafted the main document, the Tome, and it was widely hailed by the bishops in attendance as masterful defense of orthodoxy. Pope Leo the Great's authoritative role at the council exemplifies the recognition of Roman Supremacy. His "Tome" was accepted as a standard of orthodoxy, and his legates presided over the council, affirming the pope's authority . To Quote Session II of the Acts of the Council records:
βAfter the reading of the foregoing epistle [The Tome of Leo], the most reverend bishops cried out: βThis is the faith of the fathers! This is the faith of the apostles! So we all believe! Thus the orthodox believe! Anathema to him who does not thus believe! Peter has spoken thus through Leo! . . . This is the true faith! Those of us who are orthodox thus believe! This is the faith of the Fathers!ββ (Acts of the Council, session 2 [A.D. 451]).
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The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothersβor maybe the next Silverado?βechoed through the canyons of Wall Street as investors prepared for the worst.
Pinterest (PINS) Stock Sinks As Market Gains
Pinterest (PINS) closed at $71.75 in the latest trading session, marking a -0.18% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. Meanwhile, the Dow gained 0.9%, and the Nasdaq, a tech-heavy index, lost 0.59%.
Heading into today, shares of the digital pinboard and shopping tool company had lost 17.41% over the past month, lagging the Computer and Technology sector's loss of 5.38% and the S&P 500's gain of 0.71% in that time.
Investors will be hoping for strength from PINS as it approaches its next earnings release. The company is expected to report EPS of $0.07, up 170% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $467.87 million, up 72.05% from the year-ago period.
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