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Srinagar, Nov 24: To take first-hand appraisal of ongoing Water Supply Schemes (WSS) & Filtration plants under execution, the Deputy Commissioner (DC) Srinagar, Dr Bilal Mohi-Ud-Din Bhat today made an extensive tour of various water supply schemes supplying potable drinking water to Srinagar City. The Deputy Commissioner accompanied by Chief Planning Officer, Fayaz Ahmad, Executive Engineer PHE Master Plan Division, Peerzada Shayeq Ahmad, Executive Engineer PHE City Water Works Division Anbreen Anjum and other officers also inspected the upgradation works taken up to further strengthen and ensure uninterrupted supply of drinking water to citizens. At Nishat, while inspecting functioning of 19 MGD Flirtation Plant, the DC was apprised that plant caters to a population of around 5 lakh of Srinagar District. He was informed that Activated Carbon Chamber is being constructed under Amrut-2.0 programme with activated carbon based on coconut shell charcoal which will address the colour and odour issues of raw water. On the occasion, the DC evaluated the progress of the project and emphasised for maintaining quality and timely completion of works to ensure improved drinking water facilities to the people in the specified quality and quantity, envisaged under the scheme. The DC also recommended the use of latest technologies available in the sector of Water treatment. The DC was informed that the total demand of Srinagar City with regard to water supply is 85 MGD and under AMRUT-2.0 programme 100% saturation of households shall be achieved. During the visit, the DC also took stock of water supply catering to Srinagar areas from 30 MGD capacity Rangil Water Supply schemes. On the occasion, the DC was informed that the plant has a total capacity of supplying 30 Million Gallons per day and serve a population of around 10 lakh souls. The DC also inspected 6.8 MGD capacity water treatment plant at Alusteng. He inspected various units of these Rapid Sand Filtration plants and took a thorough review of all the tests being conducted on daily basis in the well established plant labs, for ensuring clean and safe Drinking water fit for human consumption.

Kingsview Wealth Management LLC lowered its position in Kenvue Inc. ( NYSE:KVUE – Free Report ) by 6.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 13,477 shares of the company’s stock after selling 949 shares during the period. Kingsview Wealth Management LLC’s holdings in Kenvue were worth $312,000 at the end of the most recent quarter. Other institutional investors have also bought and sold shares of the company. Leo Wealth LLC raised its position in shares of Kenvue by 0.3% during the third quarter. Leo Wealth LLC now owns 151,611 shares of the company’s stock valued at $3,507,000 after buying an additional 481 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its holdings in Kenvue by 6.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 8,400 shares of the company’s stock valued at $194,000 after acquiring an additional 492 shares during the last quarter. Wolff Wiese Magana LLC lifted its stake in Kenvue by 0.7% in the 3rd quarter. Wolff Wiese Magana LLC now owns 76,999 shares of the company’s stock worth $1,781,000 after purchasing an additional 501 shares in the last quarter. Marathon Capital Management boosted its holdings in shares of Kenvue by 0.3% during the 2nd quarter. Marathon Capital Management now owns 149,699 shares of the company’s stock valued at $2,722,000 after purchasing an additional 514 shares during the last quarter. Finally, Poehling Capital Management INC. grew its position in shares of Kenvue by 0.5% during the second quarter. Poehling Capital Management INC. now owns 104,934 shares of the company’s stock valued at $1,908,000 after purchasing an additional 547 shares in the last quarter. Hedge funds and other institutional investors own 97.64% of the company’s stock. Kenvue Price Performance Shares of KVUE stock opened at $24.10 on Friday. The stock has a 50 day moving average price of $22.94 and a 200 day moving average price of $20.99. Kenvue Inc. has a 52-week low of $17.67 and a 52-week high of $24.46. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.69 and a current ratio of 1.00. The firm has a market capitalization of $46.20 billion, a P/E ratio of 43.81, a P/E/G ratio of 2.19 and a beta of 1.36. Kenvue Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date was Wednesday, November 13th. Kenvue’s dividend payout ratio (DPR) is presently 149.09%. Wall Street Analyst Weigh In A number of equities analysts recently commented on KVUE shares. Jefferies Financial Group began coverage on Kenvue in a research note on Tuesday, September 24th. They set a “buy” rating and a $27.00 price target for the company. Bank of America upped their price target on shares of Kenvue from $24.00 to $27.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. UBS Group lifted their price objective on shares of Kenvue from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Kenvue from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, August 7th. Finally, Royal Bank of Canada lowered Kenvue from an “outperform” rating to a “sector perform” rating and set a $24.00 price target for the company. in a research report on Tuesday, September 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $22.64. View Our Latest Report on KVUE About Kenvue ( Free Report ) Kenvue Inc operates as a consumer health company worldwide. The company operates through three segments: Self Care, Skin Health and Beauty, and Essential Health. The Self Care segment offers cough, cold and allergy, pain care, digestive health, smoking cessation, eye care, and other products under the Tylenol, Motrin, Benadryl, Nicorette, Zarbee's, ORSLTM, Rhinocort, Calpol, and Zyrtec brands. Featured Stories Want to see what other hedge funds are holding KVUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kenvue Inc. ( NYSE:KVUE – Free Report ). Receive News & Ratings for Kenvue Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kenvue and related companies with MarketBeat.com's FREE daily email newsletter .Donald Trump's Republicans are promising to hit the gas next year when they assume full control of the U.S. Congress, with little to stop them from executing the president-elect's promises to slash taxes and reorder the global trade landscape. But the $28 trillion Treasury debt market is flashing a red warning light against adding excessively to a debt load already expanding at a pace of $2 trillion a year. What is yet to be seen is whether these concerns will be enough to slow Republican lawmakers' ambitions or push them to find offsetting savings on a tax break agenda estimated to cost nearly $8 trillion over 10 years. Markets are betting that Trump's tax cuts and tariffs will fuel inflation as investors demand stronger returns on longer-term Treasuries. Yields on the benchmark 10-year U.S. Treasury note US10YT=RR have risen to 4.3%, up about 70 basis points since "Trump trades" began dominating Wall Street in September. Trump's choice of hedge fund manager Scott Bessent as Treasury secretary prompted Treasuries to rally on Monday, erasing some of the recent increase in yields, as market analysts viewed him as a more traditional policymaker who is likely to try to control deficits. Invest wisely: Best online brokers Still, the trend is driving higher interest rates for mortgages, car loans and credit card debt, counteracting Federal Reserve rate cuts and potentially putting U.S. growth at risk. It is also raising the cost of financing U.S. deficits and eating up the federal budget. Interest on the public debt topped $1 trillion for the first time during the fiscal year ended Sept. 30, making it the second-largest single expenditure after the Social Security retirement program. "In a weird way, the bond market is now on the verge of running this country," said Republican Representative David Schweikert, who sits on the House of Representatives' tax- and trade-focused Ways and Means Committee. The market signals mean there are no "blank checks" for Congress and the tax cuts will need to be paired with spending cuts, he said in an interview. "It is a hurdle in the financing of the U.S. government." Managing that hurdle will fall to Bessent, who has argued that Trump's agenda will unleash stronger economic growth that will in turn drive up revenue and boost market confidence. His appointment could also reduce the chance of severe tariffs. The budget math is daunting. Trump has promised to extend the tax cuts passed in 2017, during his first term in the White House, for individuals and small businesses that are due to expire next year, which tax experts say will add $4 trillion to the current $36 trillion in total U.S. debt over 10 years. That's on top of debt already forecast by the Congressional Budget Office to grow by $22 trillion over the same period, based on current laws. Trump also promised voters generous new tax breaks, including ending taxes on Social Security, overtime and tip income and restoring deductions for car loan interest. The tab is likely to reach $7.75 trillion above the CBO baseline over 10 years, according to the Committee for a Responsible Federal Budget, a non-partisan fiscal watchdog group. Growth revenue Concern over the bond market's influence on Trump's agenda is more the exception than the rule among congressional Republicans interviewed some two weeks after he won the Nov. 5 presidential election and his party took control of Congress. Some fell back on the party's long-held view that tax cuts can pay for themselves with stronger growth - a line that was used to sell Trump's original 2017 tax cuts. Budget forecasters including the Joint Committee on Taxation have estimated that those cuts added more than $1 trillion to deficits over 10 years. An analysis of economic feedback on extending the tax cuts by the Committee for a Responsible Federal Budget found that increased growth would only offset 1% to 14% of the revenues lost directly by the cuts, leaving the bulk to be financed through borrowing. Still, Republican Senator Mike Rounds said he believed the stability and growth that will come from extending Trump's 2017 tax cuts will allay some market concerns. "What we have to do is show them that we're going to build an economy so that the ratio between the size of the economy and the debt changes positively in our favor," Rounds said. Musk's cuts Republican House Budget Committee Chairman Jodey Arrington said accelerating economic growth to more than 3% annually - it's already on that pace for the third quarter - would increase revenues by $3 trillion over a decade, but that additional spending cuts would be needed. Rising bond market yields were "a motivating factor to rein in deficit spending," he said. Arrington and fellow Republican Representative Joe Wilson said they were hopeful the non-government panel led by billionaire Tesla and SpaceX CEO Elon Musk and former presidential candidate Vivek Ramaswamy would be able to find ways to cut the budget, including on "mandatory spending" programs other than Social Security and the Medicare health insurance program for the elderly, which Trump has vowed to preserve. "With Elon Musk I think we have a real opportunity to actually identify waste and cut things that can be cut," Wilson said. A key target is rescinding Democratic President Joe Biden's clean energy subsidies, estimated by the CBO to cost nearly $800 billion over 10 years, and some $60 billion in funds to modernize the Internal Revenue Service, although that would expand deficits in the long run by curbing audits. More: Stocks soared on news of Trump's election. Bonds sank. Here's why. Agenda unclear Republicans in the new year will likely rely on budget procedures that bypass Senate rules requiring 60 of the 100 members in the chamber to agree on most legislation to pass Trump's tax agenda with a simple majority. Republican Senator Mike Crapo, the incoming chairman of the Senate Finance Committee, said it was too early to determine which tax policies would be included in initial legislation, adding that there was market "misinterpretation of what Trump is doing or going to do." "A lot of people are saying, well, which tax policies are you going to do?" Crapo said. "And the answer to that is, the ones that we figure out are the right ones." Bond vigilantes Former President Bill Clinton's political strategist James Carville famously said in 1993 that he wanted to be reincarnated as the bond market, because "you can intimidate everybody." If Congress' moves signal too big of a deficit hike, some market analysts are concerned that excess debt issuance will cause market indigestion that drives up yields sharply. "One can't exclude the risk that trust in U.S. economic policymaking might be lost, the bond vigilantes could come out in full force and pressure rates significantly higher, and the U.S. and global economies could be badly shaken," said Mark Sobel, a former U.S. Treasury official who is now the U.S. chairman at the Official Monetary and Financial Institutions Forum, a think tank. Nathan Thooft, chief investment officer and senior portfolio manager for Manulife Investment Management, said Congress and Trump's administration will likely adjust course based on market reactions. "They will react to incoming feedback as it comes," Thooft said. "Dollar gets too strong, they're probably going to back away a little bit. Equity markets act up too much, they might back away a little bit. They care about these things." Reporting by David Morgan and David Lawder, additional reporting by Davide Barbuscia, writing by David Lawder; Editing by Scott Malone, Dan Burns and Paul Simao

Intech Investment Management LLC grew its stake in shares of Southwest Gas Holdings, Inc. ( NYSE:SWX – Free Report ) by 112.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,849 shares of the utilities provider’s stock after buying an additional 5,740 shares during the period. Intech Investment Management LLC’s holdings in Southwest Gas were worth $800,000 at the end of the most recent reporting period. A number of other hedge funds also recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC purchased a new position in Southwest Gas during the first quarter valued at approximately $202,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Southwest Gas by 1.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 56,585 shares of the utilities provider’s stock valued at $4,308,000 after buying an additional 1,079 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in Southwest Gas in the 1st quarter worth $115,000. GAMMA Investing LLC increased its stake in Southwest Gas by 154.8% in the 2nd quarter. GAMMA Investing LLC now owns 428 shares of the utilities provider’s stock worth $30,000 after buying an additional 260 shares in the last quarter. Finally, V Square Quantitative Management LLC raised its holdings in Southwest Gas by 8.8% during the second quarter. V Square Quantitative Management LLC now owns 4,104 shares of the utilities provider’s stock valued at $289,000 after acquiring an additional 332 shares during the period. 92.77% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In A number of research firms have recently weighed in on SWX. JPMorgan Chase & Co. dropped their price objective on Southwest Gas from $78.00 to $70.00 and set a “neutral” rating for the company in a research note on Thursday, August 15th. Wells Fargo & Company upped their price target on Southwest Gas from $74.00 to $78.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th. Insider Buying and Selling In related news, major shareholder Carl C. Icahn sold 1,390,000 shares of Southwest Gas stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $76.74, for a total value of $106,668,600.00. Following the completion of the transaction, the insider now owns 9,632,604 shares in the company, valued at approximately $739,206,030.96. This trade represents a 12.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . 0.39% of the stock is currently owned by company insiders. Southwest Gas Stock Down 0.1 % Shares of SWX stock opened at $78.24 on Friday. The stock has a market cap of $5.61 billion, a P/E ratio of 31.55, a PEG ratio of 4.13 and a beta of 0.38. The company’s fifty day simple moving average is $74.93 and its two-hundred day simple moving average is $73.75. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.21. Southwest Gas Holdings, Inc. has a 52 week low of $57.55 and a 52 week high of $80.29. Southwest Gas ( NYSE:SWX – Get Free Report ) last posted its earnings results on Wednesday, November 6th. The utilities provider reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.12 billion. Southwest Gas had a return on equity of 5.99% and a net margin of 3.44%. The firm’s revenue for the quarter was down 7.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.10 earnings per share. Analysts predict that Southwest Gas Holdings, Inc. will post 3.16 EPS for the current fiscal year. Southwest Gas Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date of this dividend is Tuesday, February 18th. Southwest Gas’s dividend payout ratio (DPR) is presently 100.00%. About Southwest Gas ( Free Report ) Southwest Gas Holdings, Inc, through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. Further Reading Five stocks we like better than Southwest Gas The How And Why of Investing in Oil Stocks The Latest 13F Filings Are In: See Where Big Money Is Flowing What is the Dow Jones Industrial Average (DJIA)? 3 Penny Stocks Ready to Break Out in 2025 3 Warren Buffett Stocks to Buy Now FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Want to see what other hedge funds are holding SWX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Southwest Gas Holdings, Inc. ( NYSE:SWX – Free Report ). Receive News & Ratings for Southwest Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwest Gas and related companies with MarketBeat.com's FREE daily email newsletter .Judge rejects request to sideline SJSU volleyball player

Business People: Sleep Number CEO Shelly Ibach to retire next yearLast month the three-day festival, organised by the Oxford branch of real ale group CAMRA, was celebrating its 25th year at the St Aldate's venue. On offer for drinkers were 140 real ales, 20 ciders and perries and, for the first time, up to 40 craft keg beers as the festival also hosted a Midlands regional competition for the Society of Independent Brewers (SIBA). Now organisers have had the chance to review this year's festival and see what improvements can be made for next year. While the festival was deemed a success, the event would have lost money without the attendance of the regional competition. A rallying call will now go out in the spring for help with social media and securing sponsorship deals, to safeguard the future of the festival. Festival organiser Grahame Allen warned of a major increase in costs for 2025 even before any beer is ordered, with town hall venue hire increasing by up to 18%. Total expenditure could go up by £12,000. “If SIBA isn’t there then it won’t work, as I won’t get budget approval from CAMRA,” he said. “We face diminishing numbers, a massive increase in costs and uncertainty over SIBA’s involvement. “But I’m not up for pulling the plug completely now. Dates for 2025 are in place, and we’ve got the next few months to see how it goes and look at the results of other CAMRA festivals.” SIBA supplied about 120 barrels of real ale at favourable rates, so the festival made a small profit. The dates for next year's festival are October 16-18. Another organiser, Matt Bullock, said: “I understand that without SIBA, the chances of having the festival in 2025 are slim. We need younger people to come in and help, as social media is the way forward. And what about sponsorship? There are also opportunities for corporate entertaining.” A decade ago the festival attracted around 3,000 people - almost double the number in 2024. CAMRA says reasons for the decline could include older people still being hesitant about going out after the pandemic, fewer people working in the city centre, many 18-25 year olds not drinking alcohol, and the wide availability of quality real ales in city centre pubs. More than 80 volunteers from across the helped to run the event. At least 10 breweries from Oxfordshire were represented, proving that the local brewing scene is buoyant despite the loss of names such as Wychwood and White Horse. Sign up for a digital subscription now: As a digital subscriber you will get: Unlimited access to the Oxford Mail website Advert-light access Reader rewards Full access to our app Andy is the Trade and Tourism reporter for the Oxford Mail and you He joined the team more than 20 years ago and he covers community news across Oxfordshire. His Trade and Tourism newsletter is released every Saturday morning. You can also read his weekly Traffic and Transport newsletter.