Headed South for Winter? 5 Tips for Snowbirds About to Take FlightPokemon Go Mega Lopunny Raid guide: Weaknesses & best countersSan Jose Sharks retire Joe Thornton's No. 19Affiliate Disclosure If you buy through our links, we may get a commission. Read our ethics policy . Sponsored Content ESR MagSafe chargers & cases make shopping for holiday gifts easy (and they're all on sale for Black Friday) Sponsored Content | Nov 23, 2024 ESR has plenty for your tech holiday shopping needs - Image credit: ESR E-mail Facebook x.com Reddit Let's face it, buying gifts for techie people can be a pain. They're picky about specs, aesthetics, and other details not everyone is privy to when holiday shopping. The key to making simple decisions is finding brands you can trust. ESR fits that bill after 15 years developing mobile accessories for its 100 million user base. 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LOS ANGELES, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”) , a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today provided a letter to shareholders from its CEO and Chairman, Doug Croxall. Dear Fellow Shareholders, As 2024 comes to a close, I want to reflect on Crown’s accomplishments this year and share our vision for the year ahead. It has been a transformative year for Crown, as we have evolved into a rapidly growing public conglomerate with three diversified divisions: Smart Windows, Fiber Optics, and Water Solutions. This year, we made significant operational progress, achieving key milestones that position Crown for continued growth and success. We expanded our presence across eight U.S. states and two countries, building a robust platform to address critical infrastructure and technology challenges. We are on track to deliver $20 million in revenue for 2024, which is all the more impressive given it was primarily generated in the final three quarters. This achievement reflects our progress and the strong demand for our innovative technology infrastructure solutions. Financially, we are well-positioned to achieve profitability in the first half of 2025, even as we continue to invest strategically in our growth plans. Crown has actively raised capital recently to execute those expansion plans and will close the year with record levels of cash in hand and minimal debt. This achievement reflects our disciplined approach to building a healthy balance sheet and implementing the structure required to support both near-term objectives and long-term expansion. We share in your frustration that our market value, trading at approximately our current cash value, does not yet reflect either Crown’s recent achievements or its immense future potential. However, we remain confident that this disparity will correct itself as we build a company that delivers meaningful impact, sustainable growth, and shareholder value. To ensure we maintain our listing status, we have filed our appeal with NASDAQ and expect to go before the hearing committee likely in early February. We will provide timely updates as they become available to Crown. In preparation, we have filed a Proxy Statement ahead of the Special Meeting on January 14 th and are requesting approval to execute a reverse stock split to maintain bid-price compliance. We strongly urge our shareholders to favorably vote their approximately 64 million voting shares, and to provide Crown with the flexibility and financial strength needed to continue delivering against our growth plans. 2024 Division Highlights Smart Windows Achieved a critical manufacturing technology breakthrough, opening the way for product launch in 2025. Strengthened our leadership team by appointing Sheldon Davis as President of Smart Windows, bringing customer-focused expertise and a proven track record in commercializing innovative products. Additionally, Rob Vandal joined as the division’s Chief Technology Officer, bolstering our R&D team with his extensive experience in product development and industrial manufacturing. Announced a three-phase product rollout strategy for our first-generation Smart Window Inserts, expected to commence in the first quarter of 2025. This three-phase launch will further align our product and offerings with customer needs. Fiber Optics Hired Corey Boaz as President, Construction, an expert in construction of underground utility infrastructure with a focus on trenchless technologies. Secured design and construction customer agreements for fiber optics networks across multiple states, including Idaho, Nevada, Oregon, Washington, and Florida. Successfully laid over 2 million feet of fiber optics this year deploying high-tech equipment and subcontractor expertise. Water Solutions Slant Wells Developed the first-of-its-kind slant well for a more economical and efficient intake of water, led by Corey Boaz, President of Construction, using his trenchless technology expertise. Secured first contract for two slant wells in Cabo San Lucas, Mexico. During construction, we expanded the project extending the length of the slant wells for increased access to water. This December, we completed construction of the first slant well with the second soon to be completed in 2025. Engaged with new customers for survey work in the Los Cabos area to prepare for additional slant well installations over the next year. Announced key plans to build and co-own reverse osmosis plant to provide a complete water purification solution for customers to combat water scarcity. Lead Pipes: Element 82 & PE Pipelines Appointed David Kinsella as President, Element 82 and PE Pipelines, bringing over 20 years of expertise in strategic operational management including large-scale construction projects. Partnered with Electro Scan Inc. to provide a non-destructive and non-invasive solution to accurately identify lead with the Swordfish device. Conducted lead testing on over 2,500 homes across Florida, Maryland, and New York, securing more than $45 million in lead inspection and remediation projects. 2025 Outlook As we look ahead to 2025, Crown is stronger, more focused, and better positioned than ever to capitalize on new opportunities. With momentum across our three divisions, we are committed to achieving profitability in the first half of 2025, expanding our footprint to meet increasing demand, and delivering innovative infrastructure solutions that address critical challenges. Our team of industry experts, with a desire to change the status quo through innovation, is growing rapidly. As we scale, we are actively refining our business processes to align with our growing operations while maintaining agility and focus. Looking ahead, we provided full year 2025 revenue guidance between $30 million and $35 million, underscoring the expected strength of our business to come. To our shareholders, thank you for your trust and confidence as we continue to execute our vision. While our stock price does not yet reflect the intrinsic value of Crown, we remain focused on building a company that delivers meaningful impact, sustainable growth, and shareholder value. Approving the proposed reverse stock split is a critical step in strengthening our position to meet listing requirements, attract new investors, and enhance financial flexibility. Your support is vital to driving Crown’s long-term success and unlocking its full potential. We’re excited for 2025 and look forward to updating you on our progress regularly. Sincerely, Doug Croxall CEO and Chairman, Crown Special Meeting of Stockholders The Company will host a Special Meeting of Stockholders on Tuesday, January 14, 2025, at 10:00 a.m. Eastern Time. Holders of record of Crown’s Common Stock as of the close of business on December 16, 2024, will be entitled to notice of and to vote at the Special Meeting. Additional information regarding the Special Meeting, including how to vote, are available via proxy materials filed with the Securities and Exchange Commission (the "SEC"), and can be found at https://ir.crownek.com/sec-filings . About Crown Crown (Nasdaq: CRKN) is an innovative infrastructure solutions provider dedicated to benefiting communities and the environment. Comprised of three business divisions, Smart Windows, Fiber Optics, and Water Solutions, Crown is developing and delivering cutting edge solutions that are challenging the status quo and redefining industry standards. For more information, please visit www.crownek.com . Forward Looking Statements Certain statements in this news release may be "forward-looking statements" (within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995) regarding future events or Crown’s future financial performance that involve certain contingencies and uncertainties, including those discussed in Crown’s Annual Report on Form 10-K for the year ended December 31, 2023, and subsequent reports Crown files with the U.S. Securities and Exchange Commission from time to time, in the sections entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” . Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Crown Electrokinetic Corporation undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. For more information, please contact: Investor Relations ir@crownek.com Public Relations pr@crownek.comJPMorgan Chase & Co. reduced its stake in Booz Allen Hamilton Holding Co. ( NYSE:BAH – Free Report ) by 0.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,016,661 shares of the business services provider’s stock after selling 13,622 shares during the quarter. JPMorgan Chase & Co. owned approximately 3.14% of Booz Allen Hamilton worth $653,752,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also modified their holdings of the company. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton in the third quarter valued at about $31,000. Innealta Capital LLC purchased a new stake in shares of Booz Allen Hamilton in the 2nd quarter valued at approximately $34,000. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $45,000. MCF Advisors LLC increased its holdings in shares of Booz Allen Hamilton by 56.2% during the 2nd quarter. MCF Advisors LLC now owns 353 shares of the business services provider’s stock worth $54,000 after buying an additional 127 shares during the last quarter. Finally, Kennebec Savings Bank purchased a new stake in shares of Booz Allen Hamilton during the 3rd quarter valued at approximately $60,000. 91.82% of the stock is owned by institutional investors and hedge funds. Insider Buying and Selling at Booz Allen Hamilton In related news, EVP Richard Crowe sold 4,243 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $700,095.00. Following the sale, the executive vice president now directly owns 25,496 shares in the company, valued at approximately $4,206,840. This represents a 14.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, CFO Matthew Calderone sold 4,065 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $670,725.00. Following the completion of the transaction, the chief financial officer now owns 29,618 shares of the company’s stock, valued at $4,886,970. This represents a 12.07 % decrease in their position. The disclosure for this sale can be found here . 1.59% of the stock is owned by corporate insiders. Booz Allen Hamilton Stock Performance Booz Allen Hamilton Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.57%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.03%. Analyst Ratings Changes Several research firms have issued reports on BAH. Barclays raised their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research note on Tuesday, October 29th. Truist Financial cut their price objective on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. Wells Fargo & Company reduced their price objective on shares of Booz Allen Hamilton from $206.00 to $177.00 and set an “overweight” rating on the stock in a report on Tuesday, November 26th. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their target price for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Finally, The Goldman Sachs Group reduced their price target on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $167.44. Check Out Our Latest Stock Report on BAH About Booz Allen Hamilton ( Free Report ) Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing. Read More Want to see what other hedge funds are holding BAH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booz Allen Hamilton Holding Co. ( NYSE:BAH – Free Report ). 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Community of Faith: Season of givingJPMorgan Chase & Co. cut its holdings in shares of ITT Inc. ( NYSE:ITT – Free Report ) by 7.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,807,479 shares of the conglomerate’s stock after selling 470,829 shares during the quarter. JPMorgan Chase & Co. owned approximately 7.13% of ITT worth $868,276,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also bought and sold shares of the company. Capital Performance Advisors LLP purchased a new stake in shares of ITT during the third quarter worth about $26,000. Resources Management Corp CT ADV purchased a new stake in ITT during the 3rd quarter valued at approximately $30,000. Headlands Technologies LLC bought a new stake in shares of ITT during the second quarter valued at approximately $32,000. UMB Bank n.a. lifted its holdings in shares of ITT by 315.8% in the third quarter. UMB Bank n.a. now owns 237 shares of the conglomerate’s stock worth $35,000 after buying an additional 180 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new stake in ITT in the 2nd quarter worth $36,000. 91.59% of the stock is owned by institutional investors. Wall Street Analysts Forecast Growth Several research firms have weighed in on ITT. KeyCorp raised their price target on ITT from $155.00 to $164.00 and gave the company an “overweight” rating in a report on Monday, October 14th. The Goldman Sachs Group raised their target price on shares of ITT from $150.00 to $166.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Wolfe Research started coverage on shares of ITT in a research note on Wednesday, December 11th. They set a “peer perform” rating on the stock. Citigroup increased their price objective on shares of ITT from $176.00 to $183.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Finally, Stifel Nicolaus upped their target price on shares of ITT from $171.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $166.75. ITT Stock Performance Shares of NYSE:ITT opened at $143.45 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.09 and a debt-to-equity ratio of 0.17. ITT Inc. has a 12 month low of $113.70 and a 12 month high of $161.13. The company has a market capitalization of $11.69 billion, a price-to-earnings ratio of 24.48, a PEG ratio of 1.99 and a beta of 1.40. The firm’s 50-day moving average is $150.07 and its 200 day moving average is $141.57. ITT ( NYSE:ITT – Get Free Report ) last issued its quarterly earnings results on Tuesday, October 29th. The conglomerate reported $1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.03. The firm had revenue of $885.20 million during the quarter, compared to analyst estimates of $884.50 million. ITT had a return on equity of 17.98% and a net margin of 13.67%. ITT’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the company earned $1.37 EPS. Research analysts predict that ITT Inc. will post 5.84 EPS for the current year. ITT Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, November 29th will be paid a $0.319 dividend. This represents a $1.28 annualized dividend and a yield of 0.89%. The ex-dividend date is Friday, November 29th. ITT’s dividend payout ratio is presently 21.67%. About ITT ( Free Report ) ITT Inc, together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets in the United States and internationally. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains. Featured Stories Want to see what other hedge funds are holding ITT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ITT Inc. ( NYSE:ITT – Free Report ). Receive News & Ratings for ITT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITT and related companies with MarketBeat.com's FREE daily email newsletter .
South Carolina has won six straight games, and one of the catalysts has been the improved free-throw shooting of Nick Pringle. When South Carolina (9-3) faces Presbyterian (7-7) in the final nonconference game for both teams on Monday in Columbia, S.C., the Gamecocks won't have to hold their breath when Pringle toes the line. During South Carolina's surge, which includes wins over three power conference teams, Pringle has made 26 of 30 (86.7 percent) free-throw attempts. It's a remarkable improvement from his 51.7 percent career success rate entering the season. Last month, in his South Carolina debut after transferring from Alabama, Pringle's foul shooting woes continued as he shot 3-for-8 in stunning 74-71 upset at the hands of the visiting North Florida. But video work with coach Lamont Paris convinced Pringle that he needed to quicken his routine and tweak his set point, which is where a player's eyes focus on the rim. "How long it was taking him to release the ball once he started his free throw process was really long, really, really long," Paris said. "So he shortened it." In a 74-48 win over Radford on Dec. 22, Pringle made all 10 of his free throws. His work at the line is no small matter, as he has taken the second-most free throws on the team (61). Pringle averages 10.3 points and 6.8 rebounds per game, combining with Collin Murray-Boyles (16.2 points, 9.3 rebounds) to give the Gamecocks a formidable duo inside. Presbyterian enters after suffering its first home loss this season, 86-81 in overtime to Manhattan on Dec. 21. It was a frustrating defeat after the Blue Hose led by 19 points in the first half. There was a positive, however, as Carl Parrish delivered 23 points and nine rebounds, both career highs. It was a performance that sixth-year coach Quinton Ferrell has been awaiting. "Seeing him play like that offensively is not a shock to me because that's really what he's capable of," Ferrell said. "He's a big-time offensive player." Parrish combines in the backcourt with the Blue Hose's top two threats: Kory Mincy, who averages 14.9 points and 4.6 assists per game, and Kobe Stewart, who scores at a 14.4 ppg clip. Located just 60 miles apart, South Carolina and Presbyterian (Clinton, S.C.) have a long history, with their first game coming nearly 108 years ago. The Gamecocks lead the series 33-8. --Field Level MediaHawaii, Louisiana top list of 10 worst states to work in 2024
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BJP slams Congress MP Rahul Gandhi for resuming Savarkar attack after Maharashtra pollBraden Smith set career highs with 34 points and six 3-pointers as No. 21 Purdue pulled away from Toledo 83-64 in a nonconference matchup on Sunday night in West Lafayette, Ind. Smith went 12 of 22 from the floor and added 12 assists and three steals for the Boilermakers (9-4). Trey Kaufman-Renn added 23 points on 11-of-14 shooting, and Fletcher Loyer chipped in 17 points. Sam Lewis collected 13 points and 11 rebounds, and Sonny Wilson also scored 13 points to lead Toledo (6-6). Seth Hubbard supplied 11 points. The Rockets trailed by 11 at halftime and by 13 after two free throws by Smith with 18:24 to go in the game. Four Toledo players then contributed points to an 8-0 run to pull within 43-38 with 16:44 to play. The lead hovered between five and 10 points until Smith's layup began a 17-2 spree that effectively sealed the win. Toledo, which finished at 40.6 percent from the floor, missed nine straight shots as Purdue took off. Smith entered the game averaging 12.9 points per game. The Boilermakers shot 49.2 percent from the floor and 10 of 28 on 3-point attempts. The Rockets made just 2 of 14 from deep. Toledo led 12-10 on Hubbard's jumper with 13:43 left in the first half, but the Rockets went cold. They missed 11 of their next 12 shots, and the Boilermakers heated up. Smith scored nine points in an 18-2 burst, which Loyer capped with a three-point play with 5:39 left in the half. Purdue made 7 of 9 shots from the floor during the run. The Boilermakers led 39-28 at the break after shooting 50 percent from the floor. Smith had 17 points and Loyer had 12, with each player making three 3-pointers. Wilson had seven first-half points for the Rockets, who fell to 36.4 percent shooting for the half after making 5 of 9 to begin the game. --Field Level MediaMayor Karachi Barrister Murtaza Wahab Thursday announced to restore Shaheed Benazir Bhutto Football Ground and Shaheed Benazir Bhutto Park with modern facilities and said the park will undergo extensive tree plantation, and swings will be installed for children, providing quality recreational facilities to the citizens. The Mayor Karachi made these remarks during a visit to various areas of Old Golimar here. He said that Old Golimar, a densely populated area in District Keamari, will see its basic issues, including water and sewerage, addressed on a priority basis. The capacity of the RO plant in Old Golimar, currently at 50,000 gallons, will be increased to 300,000 gallons to ensure the provision of clean drinking water to the residents, he said. Earlier, Barrister Murtaza Wahab had tea with party workers at Shaheed Shahnawaz Chowk in Golimar and conducted a detailed review of local issues. He inspected different sections of the RO plant in Old Golimar and instructed the relevant authorities to commence arrangements for its expansion. The Mayor Karachi said that various projects are underway to ensure water supply to Karachi’s residents, including the construction of a new canal from Hub Dam and improvements to the old canal for adequate water delivery. He highlighted that RO plants are particularly beneficial in water-scarce areas, using advanced technology to provide clean drinking water. RO plants have been installed in different parts of the city, and their performance is regularly reviewed to expand capacity as needed. The Old Golimar RO plant is being upgraded to meet local requirements. He also noted that the Shaheed Benazir Bhutto Football Ground in Old Golimar serves as an important hub for football players and enthusiasts from surrounding areas. Similarly, Shaheed Benazir Bhutto Park is a key source of recreational facilities for many residents. Therefore, efforts are underway to restore and enhance both the ground and the park to make them greener and more functional, he said.