Over 2,000 drones to light up the sky over Sangam during Mahakumbh 2025How a plan to make the world's largest snowflake was humbled by nature
22 Luxury Beauty Gifts to Impress the Ultimate Cosmetics Connoisseur(The Center Square) – Adoption of institutional neutrality is supported by better than 6 in 10 tenured and nontenured faculty at the University of North Carolina, Wake Forest University and Duke University, a report says. Nationally, 66% of faculty say “colleges and universities should not take positions on political and social issues,” says Silence in the Classroom, the 2024 FIRE Faculty Survey Report. At Duke, the percentage is 71%, at Carolina 65%, and at Wake 64%. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.SAINT PAUL, Minn. (AP) — Mariah Keopple and Alexandra Labelle scored their first goals of the season and the Montreal Victoire edged the Minnesota Frost 3-2 on Saturday. Marie-Philip Poulin’s goal almost six minutes into the second period was the difference as she converted a 2-on-1 from Laura Stacey and Jennifer Gardiner and Montreal (2-2-0-1), which went 0 for 3 on the power play, won its third straight while handing Minnesota (3-1-1-1) its first regulation loss of the season. Despite having the better control of the action from the start Montreal fell behind 1-0 near the middle of the first period when Claire Thompson and Taylor Heise set up Britta Curl-Salemme for her third goal of the season. But in the last five minutes of the period Keopple scored on a pass from Claire Dalton, and Labelle banged in a rebound of her initial shot. Minnesota pulled into a tie at just 3:17 into the second period when Brooke McQuigge picked up her first goal during a scramble in front of the Montreal goal. Barely 2 1/2 minutes later the Victoire were back on top on Poulin’s second goal of the season and Ann-Renee Desbiens, who made 22 saves, made that stand up. Maddie Rooney made 22 saves for Minnesota, which went 0-1 on the power play. Boston plays at Montreal on Monday. The Frost are home against Boston on Thursday. ___ AP women’s hockey: https://apnews.com/hub/womens-hockey
( MENAFN - IANS) Melbourne, Dec 29 (IANS) Australia's wicketkeeper-batter Josh Inglis has been ruled out of the Border-Gavaskar Trophy series after suffering a calf strain while fielding during the ongoing fourth Test at the Melbourne cricket Ground. Inglis, also the reserve batter in the Test team, was on substitute fielding duties with spare bowler Sean Abbott but suffered a low-grade strain when on the field during day two's play. Cricket Australia (CA) said Inglis has been released from the Test team in Melbourne. "A replacement in the squad for the fifth Test match in Sydney will be announced in due course. Inglis is anticipated to be available for Australia's tour of Sri Lanka which follows the home Test Series. His availability for the Big Bash League will be determined by his return to play management plan," said the CA in its statement. The injury to Inglis is a major blow for Perth Scorchers, who are chasing their sixth BBL title. Inglis did play two of Scorchers' first four matches against Hobart Hurricanes and Melbourne Renegades as the games fell in the gap between the third and fourth Tests in Brisbane and Melbourne respectively. With Australia's Test squad slated to have a pre-tour camp prior to their tour of Sri Lanka, starting with the first Test in Galle on January 29, Inglis is now in a race against time for being fit for the trip which is a part of the ongoing ICC World Test Championship cycle. Inglis absence for the upcoming Sydney Test also means there could be a slight chance for right-handed batter Nathan McSweeney to return to the squad. McSweeney, who primarily bats at number three and four, was dropped from the team as Australia handed a debut to teenaged opener Sam Konstas in the Boxing Day Test at Melbourne. MENAFN28122024000231011071ID1109038210 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
SAINT PAUL, Minn. (AP) — Mariah Keopple and Alexandra Labelle scored their first goals of the season and the Montreal Victoire edged the Minnesota Frost 3-2 on Saturday. Marie-Philip Poulin’s goal almost six minutes into the second period was the difference as she converted a 2-on-1 from Laura Stacey and Jennifer Gardiner and Montreal (2-2-0-1), which went 0 for 3 on the power play, won its third straight while handing Minnesota (3-1-1-1) its first regulation loss of the season. Despite having the better control of the action from the start Montreal fell behind 1-0 near the middle of the first period when Claire Thompson and Taylor Heise set up Britta Curl-Salemme for her third goal of the season. But in the last five minutes of the period Keopple scored on a pass from Claire Dalton, and Labelle banged in a rebound of her initial shot. Minnesota pulled into a tie at just 3:17 into the second period when Brooke McQuigge picked up her first goal during a scramble in front of the Montreal goal. Barely 2 1/2 minutes later the Victoire were back on top on Poulin’s second goal of the season and Ann-Renee Desbiens, who made 22 saves, made that stand up. Maddie Rooney made 22 saves for Minnesota, which went 0-1 on the power play. Boston plays at Montreal on Monday. The Frost are home against Boston on Thursday. ___ AP women’s hockey: https://apnews.com/hub/womens-hockey
Gov. Tim Walz says he’ll propose anti-fraud measures, reflects on VP bidRevenue of $44.6M with $4M Adjusted EBITDA1 (6th Consecutive Positive Quarter) Historic Positive Cash Flow from Operations and Improved Gross Margins Approval of $51million direct loan from The Export-Import Bank of the United States expected to fund Electrovaya's lithium ion cell and battery manufacturing facility in Jamestown, New York Removal of Going Concern note in the financial statements due to improved financial performance TORONTO, ONTARIO / ACCESSWIRE / December 12, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the fourth quarter and fiscal year ended September 30, 2024 ("Q4 2024" & "FY 2024", respectively). All dollar amounts are in U.S. dollars unless otherwise noted. Financial Highlights: Key Operational and Strategic Highlights - Q4 FY 2024 & Subsequent Events: Management Commentary: "Electrovaya, with its core technology advantages and proven performance, is poised to lead mission-critical and heavy-duty energy storage solutions," said Dr. Raj DasGupta, Electrovya's CEO. "With growing demand from existing and new customers, we expect robust growth in 2025 and onwards. This includes increasing revenue, enhancing profitability, and expanding domestic lithium-ion cell manufacturing in the U.S." "Reaching record revenue, achieving six consecutive quarters of positive adjusted EBITDA1, generating positive cash flow from operations, and removing the going concern note are pivotal milestones for Electrovaya," stated John Gibson, Electrovaya's CFO. "These achievements solidify our financial position and set the stage for anticipated revenue growth exceeding $60 million with profitability in Fiscal 2025, driven by strong demand from key end users. Finally, the approved $51 million direct loan by the Export-Import Bank of the United States will support building up additional domestic manufacturing capacity and vertical integration to support our anticipated growth beyond 2026. " Positive Financial Outlook & Fiscal 2025 Guidance: The Company anticipates strong growth into FY2025 with estimated revenues to exceed $60 million driven by renewed demand from the Company's largest end users of material handling batteries. This guidance considers its existing purchase orders, along with anticipated orders in its pipeline from key end users and customers. This guidance also takes into consideration a percentage of anticipated revenue that may be deferred to FY 2026 (please see Forward Looking Statements for further clarification). Selected Annual Financial Information for the Years ended September 30, 2024, 2023 and 2022: Results of Operations (Expressed in thousands of U.S. dollars) Summary Financial Position (Expressed in thousands of U.S. dollars) Cash flow statement (Expressed in thousands of U.S. dollars) Quarterly Results of Operations (Expressed in thousands of U.S. dollars) 1 Non-IFRS Measure: Adjusted EBITDA is defined as income/(loss) from operations, plus stock-based compensation costs and depreciation and amortization costs. Adjusted EBITDA does not have a standardized meaning under IFRS. Therefore it is unlikely to be comparable to similar measures presented by other issuers. Management believes that certain investors and analysts use adjusted EBITDA to measure the performance of the business and is an accepted measure of financial performance in our industry. It is not a measure of financial performance under IFRS, and may not be defined and calculated in the same manner by other companies and should not be considered in isolation or as an alternative to IFRS measures. The most directly comparable measure to Adjusted EBITDA calculated in accordance with IFRS is income (loss) from operations. The Company's complete Financial Statements and Management Discussion and Analysis for the fourth quarter and fiscal year ended September 30, 2024 are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov , as well as on the Company's website at www.electrovaya.com . Conference Call & Webcast details: To help ensure that the conference begins in a timely manner, please dial in 10 minutes prior to the start of the call. For those unable to participate in the conference call, a replay will be available for two weeks beginning on December 13, 2024 through December 27, 2024. To access the replay, the dial-in number is 877-481-4010 and 919-882-2331. The replay access ID is 49582. Investor and Media Contact: Jason Roy Director, Corporate Development and Investor Relations Electrovaya Inc. jroy@electrovaya.com 905-855-4618 Brett Maas Hayden IR elva@haydenir.com 646-536-7331 About Electrovaya Inc. Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA) is a pioneering leader in the global energy transformation, focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries without compromising energy and power. The Company has extensive IP and designs, develops and manufactures proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications.Electrovaya has two operating sites in Canada and a 52-acre site with a 135,000 square foot manufacturing facility in Jamestown New York state for its planned gigafactory. To learn more about how Electrovaya is powering mobility and energy storage, please explore www.electrovaya.com . Forward-Looking Statements This press release contains forward-looking statements, including statements that relate to, among other things, revenue growth and revenue guidance of approximately $60 million in FY 2025, other financial projections, including projected sales, cost of sales, gross margin, working capital, cash flow, and overheads anticipated in FY 2025, the expected timing of deliveries of pre-production battery modules in Japan, anticipated cash needs and the Company's requirements for additional financing, purchase orders, mass production schedules, funding from EXIM and the ability to satisfy the conditions to drawing on any facility entered into with EXIM,, use of proceeds of the EXIM facility,, ability to deliver to customer requirements. Forward-looking statements can generally, but not always, be identified by the use of words such as "may", "will", "could", "should", "would", "likely", "possible", "expect", "intend", "estimate", "anticipate", "believe", "plan", "objective" and "continue" (or the negative thereof) and words and expressions of similar import. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors and assumptions are applied in making forward looking statements, and actual results may differ materially from those expressed or implied in such statements. In making the forward-looking statements included in this news release, the Company has made various material assumptions, including but not limited to assumptions with respect to the Company's customers deploying its products in accordance with communicated intentions, the Company's customers completing new distribution centres in accordance with communicated expectations, intentions and plans, anticipated new orders in FY 2025 based on customers' historical patterns and additional demand communicated to the Company and its partners, but not yet provided as a purchase order together with the Company's current firm purchase order backlog totaling approximately $80 million, a discount of approximately 25% used in the revenue modeling applied to the overall expected order pipeline to account for potential delays in customer orders, expected decreases in input and material costs combined with stable selling prices in FY 2025, delivery of ordered products on a basis consistent with past deliveries, and that the Company's customer counterparties will meet their production and demand growth targets, ]the Company's ability to successfully execute its plans and intentions, including with respect to the entry into new business segments and servicing existing customers, the availability to obtain financing on reasonable commercial terms, including any EXIM facility. Factors that could cause actual results to differ materially from expectations include but are not limited to customers not placing orders roughly in accordance with historical ordering patterns and communicated intentions, macroeconomic effects on the Company and its business, and on the lithium battery industry generally, not being able to obtain financing on reasonable commercial terms or at all, including not being able to satisfy any condition of drawdowns under any EXIM facility if entered into, that the Company's products will not perform as expected, supply and demand fundamentals for lithium-ion batteries, the risk of interest rate increases, persistent inflation in the United States and Canada and other macroeconomic challenges, the political, economic, and regulatory and business stability of, or otherwise affecting, the jurisdictions in which the Company operates, including new tariff regimes. Additional information about material factors that could cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward-looking statements may be found in the Company's Annual Information Form for the year ended September 30, 2023 under "Risk Factors", and in the Company's most recent annual and interim Management's Discussion and Analysis under "Qualitative And Quantitative Disclosures about Risk and Uncertainties" as well as in other public disclosure documents filed with Canadian securities regulatory authorities and filed or furnished with the SEC.. The Company does not undertake any obligation to update publicly or to revise any of the forward looking statements contained in this document, whether as a result of new information, future events or otherwise, except as required by law. Revenue guidance for FY2025 described herein constitute future‐oriented financial information and financial outlooks (collectively, "FOFI"), and generally, is, without limitation, based on the assumptions and subject to the risks set out above under "Forward‐Looking Statements". Although management believes such assumption to be reasonable, a number of such assumptions are beyond the Company's control and there can be no assurance that the assumptions made in preparing the FOFI will prove accurate. FOFI is provided for the purpose of providing information about management's current expectations and plans relating to the Company's future performance, and may not be appropriate for other purposes. The FOFI does not purport to present the Company's financial condition in accordance with IFRS, and it is expected that there may be differences between audited results and preliminary results, and the differences may be material. The inclusion of the FOFI in this news release disclosure should not be regarded as an indication that the Company considers the FOFI to be a reliable prediction of future events, and the FOFI should not be relied upon as such. SOURCE: Electrovaya Inc. View the original on accesswire.com
Halifax security forum: United States senator questions Canada's military spending
Spartan Delta Corp. ( OTCMKTS:DALXF – Get Free Report ) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.40 and traded as low as $2.25. Spartan Delta shares last traded at $2.25, with a volume of 144,708 shares. Spartan Delta Stock Up 0.9 % The business’s fifty day simple moving average is $2.39 and its 200 day simple moving average is $2.71. Spartan Delta Company Profile ( Get Free Report ) Spartan Delta Corp. engages in the exploration, development, and production of oil and natural gas reserves in the Western Canada. Its assets are located in Montney and Deep Basin. The company was formerly known as Return Energy Inc and changed its name to Spartan Delta Corp. in May 2020. The company was incorporated in 2006 and is headquartered in Calgary, Canada. Featured Articles Receive News & Ratings for Spartan Delta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spartan Delta and related companies with MarketBeat.com's FREE daily email newsletter .BOGOTA, Colombia (AP) — 2024 was a brutal year for the Amazon rainforest, with rampant wildfires and extreme drought ravaging large parts of a biome that’s a critical counterweight to climate change. A warming climate fed drought that in turn fed the worst year for fires since 2005. And those fires contributed to deforestation, with authorities suspecting some fires were set to more easily clear land to run cattle. The Amazon is twice the size of India and sprawls across eight countries and one territory, storing vast amounts of carbon dioxide that would otherwise warm the planet. It has about 20% of the world’s fresh water and astounding biodiversity, including 16,000 known tree species. But governments have historically viewed it as an area to be exploited, with little regard for sustainability or the rights of its Indigenous peoples, and experts say exploitation by individuals and organized crime is rising at alarming rates. Residents look out at the Madeira River, a tributary of the Amazon River amid a drought in Humaita, Amazonas state, Brazil, Sept. 7, 2024. (AP Photo/Edmar Barros, File) Residents look out at the Madeira River, a tributary of the Amazon River amid a drought in Humaita, Amazonas state, Brazil, Sept. 7, 2024. (AP Photo/Edmar Barros, File) Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print Read More “The fires and drought experienced in 2024 across the Amazon rainforest could be ominous indicators that we are reaching the long-feared ecological tipping point,” said Andrew Miller, advocacy director at Amazon Watch, an organization that works to protect the rainforest. “Humanity’s window of opportunity to reverse this trend is shrinking, but still open.” RELATED COVERAGE Working Well: Returning to the office can disrupt life. Here are some tips to navigate the changes Stock market today: Wall Street rallies ahead of Christmas The internet is filled with fake reviews. Here are some ways to spot them There were some bright spots. The level of Amazonian forest loss fell in both Brazil and Colombia. And nations gathered for the annual United Nations conference on biodiversity agreed to give Indigenous peoples more say in nature conservation decisions. “If the Amazon rainforest is to avoid the tipping point, Indigenous people will have been a determinant factor,” Miller said. Wildfires and extreme drought Smoke from wildfires fills the air in Manaus, Amazonas state, Brazil, Aug. 27, 2024. (AP Photo/Edmar Barros, File) Smoke from wildfires fills the air in Manaus, Amazonas state, Brazil, Aug. 27, 2024. (AP Photo/Edmar Barros, File) Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print Read More Forest loss in Brazil’s Amazon — home to the largest swath of this rainforest — dropped 30.6% compared to the previous year, the lowest level of destruction in nine years. The improvement under leftist President Luiz Inácio Lula da Silva contrasted with deforestation that hit a 15-year high under Lula’s predecessor, far-right leader Jair Bolsonaro, who prioritized agribusiness expansion over forest protection and weakened environmental agencies. In July, Colombia reported historic lows in deforestation in 2023, driven by a drop in environmental destruction. The country’s environment minister Susana Muhamad warned that 2024’s figures may not be as promising as a significant rise in deforestation had already been recorded by July due to dry weather caused by El Nino, a weather phenomenon that warms the central Pacific. Illegal economies continue to drive deforestation in the Andean nation. “It’s impossible to overlook the threat posed by organized crime and the economies they control to Amazon conservation,” said Bram Ebus, a consultant for Crisis Group in Latin America. “Illegal gold mining is expanding rapidly, driven by soaring global prices, and the revenues of illicit economies often surpass state budgets allocated to combat them.” A boat navigates the Negro River amid smoke from wildfires in Manaus, Amazonas state, Brazil, Aug. 27, 2024. (AP Photo/Edmar Barros, File) A boat navigates the Negro River amid smoke from wildfires in Manaus, Amazonas state, Brazil, Aug. 27, 2024. (AP Photo/Edmar Barros, File) Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print Read More In Brazil, large swaths of the rainforest were draped in smoke in August from fires raging across the Amazon, Cerrado savannah, Pantanal wetland and the state of Sao Paulo. Fires are traditionally used for deforestation and for managing pastures, and those man-made blazes were largely responsible for igniting the wildfires. For a second year, the Amazon River fell to desperate lows , leading some countries to declare a state of emergency and distribute food and water to struggling residents. The situation was most critical in Brazil, where one of the Amazon River’s main tributaries dropped to its lowest level ever recorded. Cesar Ipenza, an environmental lawyer who lives in the heart of the Peruvian Amazon, said he believes people are becoming increasingly aware of the Amazon’s fundamental role “for the survival of society as a whole.” But, like Miller, he worries about a “point of no return of Amazon destruction.” It was the worst year for Amazon fires since 2005, according to nonprofit Rainforest Foundation US. Between January and October, an area larger than the state of Iowa — 37.42 million acres, or about 15.1 million hectares of Brazil’s Amazon — burned. Bolivia had a record number of fires in the first ten months of the year. “Forest fires have become a constant, especially in the summer months and require particular attention from the authorities who don’t how to deal with or respond to them,” Ipenza said. Venezuela, Colombia, Ecuador, and Guyana also saw a surge in fires this year. Indigenous voices and rights made headway in 2024 People from the Tikuna Indigenous community walk to receive aid from an NGO amid a drought near the Amazon River in Loma Linda, on the outskirts of Leticia, Colombia, Oct. 20, 2024. (AP Photo/Ivan Valencia, File) People from the Tikuna Indigenous community walk to receive aid from an NGO amid a drought near the Amazon River in Loma Linda, on the outskirts of Leticia, Colombia, Oct. 20, 2024. (AP Photo/Ivan Valencia, File) Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print Read More The United Nations conference on biodiversity — this year known as COP16 — was hosted by Colombia. The meetings put the Amazon in the spotlight and a historic agreement was made to give Indigenous groups more of a voice on nature conservation decisions , a development that builds on a growing movement to recognize Indigenous people’s role in protecting land and combating climate change. Both Ebus and Miller saw promise in the appointment of Martin von Hildebrand as the new secretary general for the Amazon Treaty Cooperation Organization, announced during COP16. “As an expert on Amazon communities, he will need to align governments for joint conservation efforts. If the political will is there, international backers will step forward to finance new strategies to protect the world’s largest tropical rainforest,” Ebus said. Ebus said Amazon countries need to cooperate more, whether in law enforcement, deploying joint emergency teams to combat forest fires, or providing health care in remote Amazon borderlands. But they need help from the wider world, he said. “The well-being of the Amazon is a shared global responsibility, as consumer demand worldwide fuels the trade in commodities that finance violence and environmental destruction,” he said. Residents transport drinking water from Humaita to the Paraizinho community, along the dry Madeira River, a tributary of the Amazon River, amid a drought, Amazonas state, Brazil, Sunday, Sept. 8, 2024. (AP Photo/Edmar Barros, File) Residents transport drinking water from Humaita to the Paraizinho community, along the dry Madeira River, a tributary of the Amazon River, amid a drought, Amazonas state, Brazil, Sunday, Sept. 8, 2024. (AP Photo/Edmar Barros, File) Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print Read More Next year marks a critical moment for the Amazon, as Belém do Pará in northern Brazil hosts the first United Nations COP in the region that will focus on climate. “Leaders from Amazon countries have a chance to showcase strategies and demand tangible support,” Ebus said. ___ The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org .
iShares MSCI Netherlands ETF (NYSEARCA:EWN) Stock Pass Below 50 Day Moving Average – Here’s Why
SANTA ANA, Calif., Dec. 13, 2024 (SEND2PRESS NEWSWIRE) — In a groundbreaking move for the property management and inspection industry, DrBalcony ( drbalcony.com ) introduces its cutting-edge app, a pioneering digital platform designed to revolutionize the balcony inspection process. This innovative tool empowers homeowners, property managers, and Homeowner Associations (HOAs) with a streamlined, intuitive experience, eliminating inefficiencies and redefining how inspections are managed. With a user-friendly interface and advanced features, the DrBalcony App transforms what was once a complex, time-consuming process into one that is seamless and efficient. Users can now obtain instant quotes, create and manage projects, and schedule inspections—all with just a few taps on their devices. “At DrBalcony, we are passionate about reimagining property management through technology,” said Greg, VP of Sales of DrBalcony. “The app reflects our dedication to simplifying inspections while upholding safety and compliance standards. With over 2,500 inspections completed, we’re proud to offer a solution that sets a new benchmark for convenience and reliability.” FEATURES THAT SET THE DRBALCONY APP APART Instant Quotes: Receive transparent, accurate pricing for inspections without waiting days for a response. Project Management Made Simple: Track, manage, and oversee your inspection projects effortlessly from start to finish. Hassle-Free Scheduling: Book inspections at a time that works best for you—no back-and-forth emails or phone calls required. The DrBalcony App is tailored to meet the specific needs of California property owners, offering features designed to ensure the integrity of balcony structures while making compliance with state laws like SB 721 and SB 326 more accessible than ever. Learn more: https://drbalcony.com/services/ A SOLUTION BACKED BY REAL RESULTS “For years, the balcony inspection process has been frustrating and inefficient,” shared Omid, CEO of DrBalcony. “This app eliminates unnecessary complications. From instant quotes to straightforward scheduling, it’s a game-changer.” DOWNLOAD THE DRBALCONY APP TODAY The DrBalcony App is now available for download and marks a significant leap forward in property management. By addressing common pain points in the inspection process, DrBalcony ensures peace of mind for property owners, engineers, and HOAs, all while maintaining safety and compliance with California’s strict balcony safety regulations . About DrBalcony: DrBalcony leverages innovative technology to enhance balcony inspection, focusing on efficiency, safety, and customer-centric solutions. With a mission to simplify the complex, DrBalcony has become a trusted name in the balcony inspection industry, ensuring compliance and safety standards are met with ease. Learn more: https://drbalcony.com/ . Your property’s safety has never been simpler—download the DrBalcony App today! NEWS SOURCE: DrBalcony Keywords: Real Estate, DrBalcony, Balcony Inspections, home inspection, safety, app, solution, service, SB 326, SB 721, SANTA ANA, Calif. This press release was issued on behalf of the news source (DrBalcony) who is solely responsibile for its accuracy, by Send2Press® Newswire . Information is believed accurate but not guaranteed. Story ID: S2P122836 APDF15TBLLI To view the original version, visit: https://www.send2press.com/wire/drbalcony-app-redefines-balcony-inspections-with-unparalleled-efficiency/ © 2024 Send2Press® Newswire, a press release distribution service, Calif., USA. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.Top 10 stories of 2024: Colorado Republicans regain ground across the state
FLAGSTAR FINANCIAL, INC. APPOINTS BRIAN CALLANAN TO BOARD OF DIRECTORS
DOVER, Del. (AP) — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. McCormick also rejected an equally unprecedented and massive fee request by plaintiff attorneys , who argued that they were entitled to legal fees in the form of Tesla stock valued at more than $5 billion. The judge said the attorneys were entitled to a fee award of $345 million. The rulings came in a lawsuit filed by a Tesla stockholder who challenged Musk’s 2018 compensation package. McCormick concluded in January that Musk engineered the landmark pay package in sham negotiations with directors who were not independent. The compensation package initially carried a potential maximum value of about $56 billion, but that sum has fluctuated over the years based on Tesla’s stock price. Following the court ruling, Tesla shareholders met in June and ratified Musk’s 2018 pay package for a second time, again by an overwhelming margin. Defense attorneys then argued that the second vote makes clear that Tesla shareholders, with full knowledge of the flaws in the 2018 process that McCormick pointed out, were adamant that Musk is entitled to the pay package. They asked the judge to vacate her order directing Tesla to rescind the pay package. McCormick, who seemed skeptical of the defense arguments during an August hearing, said in Monday’s ruling that those arguments were fatally flawed. “The large and talented group of defense firms got creative with the ratification argument, but their unprecedented theories go against multiple strains of settled law,” McCormick wrote in a 103-page opinion. The judge noted, among other things, that a stockholder vote standing alone cannot ratify a conflicted-controller transaction. “Even if a stockholder vote could have a ratifying effect, it could not do so here due to multiple, material misstatements in the proxy statement,” she added. Meanwhile, McCormick found that the $5.6 billion fee request by the shareholder’s attorneys, which at one time approached $7 billion based on Tesla’s trading price, went too far. “In a case about excessive compensation, that was a bold ask,” McCormick wrote. Attorneys for the Tesla shareholder argue that their work resulted in the “massive” benefit of returning shares to Tesla that otherwise would have gone to Musk and diluted the stock held by other Tesla investors. They value that benefit at $51.4 billion, using the difference between the stock price at the time of McCormick’s January ruling and the strike price of some 304 million stock options granted to Musk. While finding that the methodology used to calculate the fee request was sound, the judge noted that the Delaware’s Supreme Court has noted that fee award guidelines “must yield to the greater policy concern of preventing windfalls to counsel.” “The fee award here must yield in this way, because $5.6 billion is a windfall no matter the methodology used to justify it,” McCormick wrote. A fee award of $345 million, she said, was “an appropriate sum to reward a total victory.” The fee award amounts to almost exactly half the current record $688 million in legal fees awarded in 2008 in litigation stemming from the collapse of Enron.Alternative Energy Market Projected to Reach US$ 3.4 Trn by 2034, Growing at a 12.4% CAGRMONTREAL — A childhood friend of the Quebec man killed in a Florida boat explosion earlier this week says one of the victim's sisters was among the other six passengers injured in the blast. Thi Cam Nhung Lê says she grew up with Sebastien Gauthier in Quebec City and considered him her best friend. Lê says Gauthier’s older sister was also on the boat in Florida's Broward County when it exploded and she was taken to a hospital. She says Gauthier’s family was in Florida to celebrate the holidays and that his sudden death feels “unimaginable.” Video posted on social media Monday shows the vessel engulfed in flames following the explosion, with a thick column of black smoke billowing into the sky. The Florida Fish and Wildlife Conservation Commission has confirmed that Gauthier died of his injuries, saying a preliminary investigation shows the 37-foot vessel exploded after its engines were started. Lê remembers Gauthier as someone who was always smiling and says she is waiting for answers about what led to her friend’s death. This report by The Canadian Press was first published Dec. 28, 2024. Joe Bongiorno, The Canadian Press
L3Harris Technologies, Inc. ( NYSE:LHX – Get Free Report ) insider Ross Niebergall sold 1,764 shares of L3Harris Technologies stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $213.65, for a total value of $376,878.60. Following the completion of the sale, the insider now directly owns 6,812 shares in the company, valued at approximately $1,455,383.80. This represents a 20.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website . Ross Niebergall also recently made the following trade(s): L3Harris Technologies Stock Performance NYSE LHX opened at $212.37 on Friday. L3Harris Technologies, Inc. has a 12-month low of $200.18 and a 12-month high of $265.74. The firm has a 50-day moving average price of $238.96 and a two-hundred day moving average price of $234.22. The company has a market capitalization of $40.28 billion, a P/E ratio of 33.55, a P/E/G ratio of 1.91 and a beta of 0.72. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 0.58. L3Harris Technologies Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 18th were issued a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend was Monday, November 18th. L3Harris Technologies’s dividend payout ratio (DPR) is presently 73.30%. Wall Street Analyst Weigh In Several equities research analysts recently issued reports on the stock. Wells Fargo & Company cut their target price on shares of L3Harris Technologies from $295.00 to $287.00 and set an “overweight” rating for the company in a research note on Wednesday, December 11th. Argus raised L3Harris Technologies from a “hold” rating to a “buy” rating and set a $300.00 price objective for the company in a research report on Tuesday, November 26th. Truist Financial boosted their target price on L3Harris Technologies from $293.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Deutsche Bank Aktiengesellschaft dropped their price target on L3Harris Technologies from $252.00 to $250.00 and set a “hold” rating on the stock in a research note on Thursday, October 3rd. Finally, StockNews.com upgraded shares of L3Harris Technologies from a “hold” rating to a “buy” rating in a report on Monday, October 28th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, L3Harris Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $269.13. Read Our Latest Stock Report on L3Harris Technologies Hedge Funds Weigh In On L3Harris Technologies Hedge funds and other institutional investors have recently modified their holdings of the business. Harbour Investments Inc. increased its holdings in shares of L3Harris Technologies by 11.8% during the second quarter. Harbour Investments Inc. now owns 1,505 shares of the company’s stock worth $338,000 after buying an additional 159 shares in the last quarter. Strategic Blueprint LLC acquired a new position in shares of L3Harris Technologies during the second quarter valued at about $245,000. Whittier Trust Co. increased its stake in L3Harris Technologies by 42.5% during the 2nd quarter. Whittier Trust Co. now owns 1,164 shares of the company’s stock valued at $261,000 after purchasing an additional 347 shares in the last quarter. Arkadios Wealth Advisors raised its stake in shares of L3Harris Technologies by 27.6% in the second quarter. Arkadios Wealth Advisors now owns 1,345 shares of the company’s stock worth $302,000 after purchasing an additional 291 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in L3Harris Technologies by 12.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,438 shares of the company’s stock worth $12,675,000 after purchasing an additional 6,256 shares during the last quarter. Institutional investors own 84.76% of the company’s stock. L3Harris Technologies Company Profile ( Get Free Report ) L3Harris Technologies, Inc provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Featured Stories Receive News & Ratings for L3Harris Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L3Harris Technologies and related companies with MarketBeat.com's FREE daily email newsletter .OpenAI’s Sora doesn’t feel like the game-changer it was supposed to be
By RANDALL CHASE, Associated Press DOVER, Del. (AP) — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. McCormick also rejected an equally unprecedented and massive fee request by plaintiff attorneys , who argued that they were entitled to legal fees in the form of Tesla stock valued at more than $5 billion. The judge said the attorneys were entitled to a fee award of $345 million. The rulings came in a lawsuit filed by a Tesla stockholder who challenged Musk’s 2018 compensation package. McCormick concluded in January that Musk engineered the landmark pay package in sham negotiations with directors who were not independent. The compensation package initially carried a potential maximum value of about $56 billion, but that sum has fluctuated over the years based on Tesla’s stock price.What Trent Alexander-Arnold to Real Madrid would mean and why Liverpool are prepared no matter what happens
Life’s unfair — and then there’s the Michelin 2024 guide to New York City restaurants. If MAGA-believers and far-left progressives can agree on one book to ban, it should be the tire company’s red-jacketed travesty of culinary justice. Twenty years since Michelin invaded the Big Apple with its hilariously error-filled debut edition, the publication remains influential enough among high-spending foreign visitors to make or break a restaurant — but with no accountability to anyone. Unlike critics who put their names on their opinions, Michelin fields anonymous “inspectors” who may or may not have been to places they purport to judge. Their identities and the number of visits they make and when are a closely guarded secret. Michelin’s international director, Paris-based Gwendal Poullennec, disingenuously told Eater.com this week, “We don’t share demographics or figures [regarding inspectors] because anonymity is key for independence.” Of course, anonymity is also key to mugging someone in an alley. There’s been lots of hype over the new book’s findings which were announced on Monday. Jungsik is New York’s first new three-star restaurant in twelve years! Woweee! But few seem to have read the rest of the list, which is even more out of touch than previous editions and makes moronic social media posts seem astute by comparison. Michelin awarded stars to no fewer than fourteen Japanese and eleven Korean places, many of them small counters with prices starting at $200. But only two Italian eateries received stars — Torrisi and Rezdora each got one. This in a city full of great modern and traditional Italian restaurants, including Marea, Il Gattopardo, Locanda Verde, Lilia and Roberto’s. To put it another way: Japanese and Korean restaurants received a total of 36 stars to a total of two for Italians. Could there possibly be a prejudice here? We’ve enjoyed a revolution in great Chinese, from high-end Hutong to a dozen wonderful Szechuanese and Fukienese spots in the east and west 30s to tiny Cantonese joints on Mott Street — all chopped liver to Michelin. In a city with three large, distinct Chinatowns, Michelin blessed exactly one Chinese restaurant with a star — Yingtao on Ninth Avenue, which is merely “Chinese inspired,” according to its website. Conspicuously and outrageously missing from the ranks of star-holders is Tatiana. Bronx-raised Kwame Onwuachi’s Nigerian-influenced place at Lincoln Center has been proclaimed as one of New York City’s greatest restaurants by the New York Post, the New York Times and The New Yorker — in rare agreement. It’s earned accolades from the James Beard Foundation, Conde Nast Traveler, TimeOut New York and Forbes, which called it “the future of fine dining.” But apparently, the tire company’s invisible judges know much more about Nigerian-style short rib pastrami suya than we Big Apple ignoramuses do. Michelin’s tire treads ran over Restaurant Daniel, one of the nation’s most sophisticated modern-French restaurants, chopping it down from two stars to one. Having eaten there twice in the past year. I can attest that it’s a three-star place on every level and worthy of its high prices. The diss won’t matter to Daniel’s legion of admirers in New York. But the star haircut can damage it because many big-spenders from Europe still regard the “red book” as gospel. Michelin’s death grip on French attitudes especially was reflected in the suicides of two chefs in recent decades. One feared he’d lose a three-star rating (but didn’t), while the other did lose three stars. Michelin’s three-star roster includes just five NYC restaurants, among them Per Se. The Times’ Pete Wells famously chopped it down from four stars to two in 2016. The beatdown was so persuasive that chef Thomas Keller bought an ad in which he said, “We are sorry we let you down.” But it sounds as if things haven’t changed much. Last week, the Times’ interim critic Melissa Clark declared the tuile holding a salmon morsel as “thick and nubby as an oatmeal cookie” with “grainy” custard. A signature oyster dish had “the gloppy texture of the tapioca pudding served at my great-aunt’s nursing home” and much of her meal was “in that gummy, starchy vein.” New Yorkers know we have the world’s greatest collection of restaurants. We don’t need advice from a French tire company. Michelin should hit the road before it does any more damage to them.