Has a waltz written by composer Frederic Chopin been discovered in an NYC museum?Elastic ( NYSE:ESTC – Get Free Report ) had its target price hoisted by Scotiabank from $92.00 to $135.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a “sector outperform” rating on the stock. Scotiabank’s price target points to a potential upside of 24.97% from the company’s previous close. Other research analysts have also issued reports about the stock. Piper Sandler upped their target price on shares of Elastic from $100.00 to $130.00 and gave the company an “overweight” rating in a report on Friday. The Goldman Sachs Group boosted their price target on Elastic from $99.00 to $113.00 and gave the company a “neutral” rating in a report on Friday. JPMorgan Chase & Co. raised their price objective on Elastic from $100.00 to $130.00 and gave the stock an “overweight” rating in a report on Friday. Stifel Nicolaus increased their target price on Elastic from $98.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Oppenheimer upped their price objective on shares of Elastic from $125.00 to $140.00 and gave the company an “outperform” rating in a research note on Friday. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $122.00. Check Out Our Latest Report on Elastic Elastic Stock Performance Elastic ( NYSE:ESTC – Get Free Report ) last posted its earnings results on Thursday, August 29th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.10. The firm had revenue of $347.42 million for the quarter, compared to analyst estimates of $344.67 million. Elastic had a negative return on equity of 13.54% and a net margin of 4.39%. Elastic’s revenue was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.35) EPS. As a group, research analysts expect that Elastic will post -0.92 earnings per share for the current fiscal year. Insider Transactions at Elastic In related news, Director Paul R. Auvil III purchased 20,000 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The stock was acquired at an average price of $74.25 per share, with a total value of $1,485,000.00. Following the completion of the transaction, the director now owns 22,627 shares of the company’s stock, valued at $1,680,054.75. This represents a 761.32 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CTO Shay Banon sold 2,666 shares of the company’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $70.25, for a total transaction of $187,286.50. Following the completion of the sale, the chief technology officer now directly owns 4,543,190 shares in the company, valued at $319,159,097.50. This represents a 0.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last ninety days, insiders have sold 37,406 shares of company stock valued at $2,627,772. 15.90% of the stock is currently owned by insiders. Institutional Trading of Elastic Several institutional investors and hedge funds have recently bought and sold shares of ESTC. 1832 Asset Management L.P. acquired a new stake in shares of Elastic during the second quarter worth $248,335,000. FMR LLC grew its position in shares of Elastic by 25.6% during the 3rd quarter. FMR LLC now owns 5,475,297 shares of the company’s stock valued at $420,284,000 after buying an additional 1,115,750 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in Elastic during the second quarter worth about $102,169,000. Atreides Management LP lifted its holdings in Elastic by 57.2% in the third quarter. Atreides Management LP now owns 1,687,791 shares of the company’s stock worth $129,555,000 after acquiring an additional 614,309 shares during the last quarter. Finally, Federated Hermes Inc. boosted its stake in Elastic by 32,630.2% in the second quarter. Federated Hermes Inc. now owns 615,655 shares of the company’s stock valued at $70,129,000 after acquiring an additional 613,774 shares during the period. Institutional investors and hedge funds own 97.03% of the company’s stock. Elastic Company Profile ( Get Free Report ) Elastic N.V., a data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data. Further Reading Five stocks we like better than Elastic Are These Liquid Natural Gas Stocks Ready For An Upside Bounce? Vertiv’s Cool Tech Makes Its Stock Red-Hot Using the MarketBeat Dividend Yield Calculator MarketBeat Week in Review – 11/18 – 11/22 How to Calculate Stock Profit 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Elastic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elastic and related companies with MarketBeat.com's FREE daily email newsletter .'I'll wait for you in the car park': Roy Keane in angry confrontation with Ipswich fan
Shares of nuclear power provider Oklo Inc. jumped over 13% in midday trade on Thursday after Wedbush initiated an ‘Outperfom’ rating on the stock citing elevated demand from the surge in artificial intelligence (AI) applications. The brokerage highlighted that the “AI revolution” is driving significant demand for clean energy to power AI initiatives with necessary computing power expected to grow 10-fold by 2030, putting Oklo in a great position to benefit from this elevated demand. “Hyperscalers, data centers, and the US Government are turning to SMRs and nuclear technology for clean energy and we believe Oklo is in an optimal position to capitalize on this opportunity,” it said. Wedbush has set a price target of $26 on Oklo on the expectation that the Sam Altman-backed enterprise will develop its first small modular reactor (SMR), called Aurora, by 2027. Aurora is forecast to give the company an edge over its competitors since it uses High-Assay Low-Enriched Uranium (HALEU) as fuel, which is meant to be superior to the existing LEU used in civil nuclear reactors. “The company itself is selling power, not the reactors, directly to customers under long-term contracts which in turn provide long-term recurring revenues and a streamlined regulatory pathway,” the brokerage wrote in its research note. It added that Oklo’s current microreactor project pipeline is 93% ahead of its 2027 planned deployment, with data centers accounting for around 600MW of its 1,350 MW of power under letters of intent. This includes its biggest nuclear deal till date, announced on Wednesday, with data center operator Switch to deploy 12 gigawatts (GW) of power over the next two decades. Wedbush noted that while the market is becoming increasingly competitive, Oklo is a “step ahead” of the competition with a unique, “attractive build, own, and operate business model " that sets it apart from its peers. On Stocktwits, retail sentiment around the stock dipped to ‘bullish’ from ‘extremely bullish’ a day ago while message volumes remained at ‘extremely high’ levels. One user pointed to the stock’s bullish engulfing pattern, which suggest buyers are taking control from sellers. Some are anticipating that stock will potentialy cross the $22 mark before markets close. The stock has already surged to $21.69 on Thursday afternoon. Others are more cautious, citing that the stock is approaching critical support levels. Wedbush expects the value of the SMR market to more than double from $6 billion to $14 billion by 2032. “We believe data centers will represent a massive opportunity in the SMR space over the next decade as the amount of energy needed to create, store, and compute is exponentially growing as our technological world further develops,” it added. Oklo’s stock has nearly doubled in value so far this year. For updates and corrections, email newsroom[at]stocktwits[dot]com.< Read also: Sam Altman-Backed Oklo Stock Swings Wildly After Announcing Biggest Nuclear Deal So Far: Retail Flags ‘Rug Pull’BETHESDA, Md.--(BUSINESS WIRE)--Dec 6, 2024-- Enviva, LLC (“Enviva” or the “Company”), a leading producer of industrial wood pellets, today announced its successful emergence from Chapter 11 bankruptcy protection, marking a significant milestone in the Company’s strategic transformation. Enviva is well-positioned for long-term growth and consistent operating performance, allowing the Company to serve its customers as a market leader and critical partner in meeting their demand for renewable fuel. Enviva’s Plan of Reorganization (the “Plan”) was confirmed by the U.S. Bankruptcy Court for the Eastern District of Virginia, with overwhelming support from the Company's key stakeholders and business partners. As part of its financial restructuring, Enviva has equitized more than $1 billion of indebtedness and American Industrial Partners Capital Fund VIII (“AIP”) has become the largest shareholder of the Company. To support ongoing operations and future growth initiatives, Enviva is capitalized at emergence with an attractive exit loan facility, as well as access to further capital through a delayed draw term loan. As part of the Plan, stakeholders provided $250 million of new money financing through an Equity Rights Offering to help fund the recapitalization of the Company. As a result of this, the Company’s liquidity and financial profile is very strong and the Company has no near-term debt maturities. The secured funding also fully finances completion of the Company’s 11 th production plant, under construction in Epes, Alabama, which is anticipated to produce its first pellets in May 2025. Once fully ramped, the Company expects the new plant to produce ~1 million metric tons of wood pellets per year, providing a significant opportunity to sell into new and existing markets. Also on emergence, Glenn Nunziata, who most recently served as Interim Chief Executive Officer and Chief Financial Officer, has been appointed Chief Executive Officer, and James Geraghty, who formerly served as Executive Vice President of Finance, has been named Chief Financial Officer. “Emergence is a critical milestone and exciting step forward in positioning Enviva for a successful future,” said Glenn Nunziata, Enviva’s Chief Executive Officer. “On behalf of Enviva, I want to express our gratitude to all our stakeholders, especially our customers and associates, for their continued business and support. With a substantially reduced debt burden and dramatically improved liquidity profile, we are well-positioned to serve our customers reliably as a leading producer of industrial wood pellets and to rebuild trust and confidence in the communities in which we operate and markets in which we sell our product.” In connection with emergence, Enviva will operate as a private company with a new Board of Managers (“Board”) comprising representatives from key shareholders, including AIP, Keyframe Capital Partners, L.P., and Ares Management funds, who bring valuable financial, operational, and end-market experience to support Enviva’s operations and future growth. Jan Trnka-Amrhein, member of Enviva’s Board and Partner at AIP, added, "Enviva’s best-in-class portfolio of production assets and robust logistics capabilities allows for the Company to be the go-to partner for woody biomass renewable energy solutions. We see an immense opportunity for growth and expansion in the markets in which Enviva operates, and we’re confident that Enviva is well equipped to reliably meet its customers’ growing demand for biomass products.” Enviva extends its gratitude to its employees, customers, suppliers, and other partners for their support throughout the restructuring process. Paul, Weiss, Rifkind, Wharton & Garrison LLP, Vinson & Elkins LLP, and Kutak Rock LLP served as legal counsel, Lazard served as investment banker, and Alvarez & Marsal North America, LLC served as restructuring advisor to Enviva. The Ad Hoc Group of Creditors was represented by Davis Polk & Wardwell LLP and McGuireWoods LLP as legal counsel and Evercore Group LLC as investment banker. About Enviva Enviva, LLC is a leading producer of industrial wood pellets, a renewable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten plants in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi, and is constructing its 11th plant in Epes, Alabama. Enviva sells most of its wood pellets through long-term, take-or-pay off-take contracts with customers located primarily in the United Kingdom, the European Union, and Japan, helping to accelerate the energy transition away from conventional energy sources in hard-to-abate sectors like steel, cement, lime, chemicals, and aviation. Enviva exports its wood pellets to global markets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida. Learn more at www.envivabiomass.com and follow us on social media @Enviva. View source version on businesswire.com : https://www.businesswire.com/news/home/20241206254913/en/ CONTACT: media@envivabiomass.com +1-301-657-5560 KEYWORD: UNITED STATES NORTH AMERICA MARYLAND INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER ENERGY FOREST PRODUCTS ENERGY FINANCE NATURAL RESOURCES SOURCE: Enviva Inc. Copyright Business Wire 2024. PUB: 12/06/2024 04:18 PM/DISC: 12/06/2024 04:18 PM http://www.businesswire.com/news/home/20241206254913/en
CLEVELAND (AP) — The NFL has closed an investigation into sexual assault allegations against Cleveland Browns quarterback Deshaun Watson, who is ending the season on injured reserve for the second year in a row. The league has been reviewing the case for months , trying to determine whether Watson should be punished. “The matter is closed,” league spokesman Brian McCarthy said Friday in an email to The Associated Press. “There was insufficient evidence to support a finding of a violation of the personal conduct policy.” Watson, who served an 11-game suspension in 2022, was accused of assault in Texas by a woman in September. She was seeking more than $1 million in damages before the sides reached a confidential settlement. Watson strongly denied the allegations through his attorney, Rusty Hardin. The 29-year-old Watson suffered a season-ending Achilles tendon rupture in October. He's been rehabbing the injury in hopes of returning next season. The Browns still owe Watson $46 million in each of the next two seasons after they traded three first-round picks to Houston and signed him to a five-year, fully guaranteed $230 million contract that has backfired. Watson has only played in 19 games over three seasons due to the suspension and injuries. He was acquired by the Browns, who were comfortable with his character despite Watson being accused of sexual assault and inappropriate conduct during massage therapy sessions while he played for the Texans. While he's in the clear with the league, Watson's future with Cleveland isn't so certain. His massive contract — and its salary-cap ramifications — has put the Browns in a bind in terms of trying to improve their roster. Cleveland has had a disappointing season after making the playoffs a year ago and could move on from Watson, but the cost would be exorbitant if the team just releases him. The Browns signed Jameis Winston for one season to be Watson's backup. Winston has gone 2-3 as a starter since taking over and he's put some life into Cleveland's offense, which didn't score 20 points or gain 300 yards with Watson before his injury. His 2023 season was ended by a broken bone in his shoulder, requiring surgery. Winston has indicated he would come back, and he could be a viable option as a starter even if the Browns draft a young QB. AP NFL: https://apnews.com/hub/NFLTEL AVIV, Israel (AP) — Israel said Sunday that the body of an Israeli-Moldovan rabbi who went missing in the United Arab Emirates has been found after he was killed in what it described as a “heinous antisemitic terror incident.” The UAE's Interior Ministry later said authorities arrested three perpetrators involved in the killing of Zvi Kogan. The statement from Prime Minister Benjamin Netanyahu's office said Israel “will act with all means to seek justice with the criminals responsible for his death.” Israeli authorities did not say how they determined the killing of Kogan was a terror attack and offered no additional details. Kogan, 28, an ultra-Orthodox rabbi who went missing on Thursday, ran a kosher grocery store in the futuristic city of Dubai, where Israelis have flocked for commerce and tourism since the two countries forged diplomatic ties in the 2020 Abraham Accords . The agreement has held through more than a year of soaring regional tensions unleashed by Hamas' Oct. 7, 2023 attack into southern Israel . But Israel's devastating retaliatory offensive in Gaza and its invasion of Lebanon, after months of fighting with the Hezbollah militant group, have stoked anger among Emiratis, Arab nationals and others living in the the UAE. Iran, which supports Hamas and Hezbollah, has also been threatening to retaliate against Israel after a wave of airstrikes Israel carried out in October in response to an Iranian ballistic missile attack. The Emirati government did not respond to a request for comment. However, senior Emirati diplomat Anwer Gargash wrote on the social platform X in Arabic on Sunday that “the UAE will remain a home of safety, an oasis of stability, a society of tolerance and coexistence and a beacon of development, pride and advancement.” Early on Sunday, the UAE’s state-run WAM news agency acknowledged Kogan’s disappearance but pointedly did not acknowledge he held Israeli citizenship, referring to him only as being Moldovan. The Emirati Interior Ministry described Kogan as being “missing and out of contact.” “Specialized authorities immediately began search and investigation operations upon receiving the report,” the Interior Ministry said. The ministry later said that three “perpetrators” had been arrested “in record time” without giving additional details. Netanyahu told a regular Cabinet meeting later Sunday that he was “deeply shocked” by Kogan's disappearance and death. He said he appreciated the cooperation of the UAE in the investigation and that ties between the two countries would continue to be strengthened. Israel's largely ceremonial president, Isaac Herzog, condemned the killing and thanked Emirati authorities for "their swift action." He said he trusts they “will work tirelessly to bring the perpetrators to justice.” Israel also again warned against all nonessential travel to the Emirates after Kogan's killing. “There is concern that there is still a threat against Israelis and Jews in the area,” a government warning issued Sunday said. Kogan was an emissary of the Chabad Lubavitch movement, a prominent and highly observant branch of ultra-Orthodox Judaism based in Brooklyn's Crown Heights neighborhood in New York City. It said he was last seen in Dubai. The UAE has a burgeoning Jewish community, with synagogues and businesses catering to kosher diners. The Rimon Market, a kosher grocery store that Kogan managed on Dubai’s busy Al Wasl Road, was shut Sunday. As the wars have roiled the region, the store has been the target of online protests by supporters of the Palestinians. Mezuzahs on the front and back doors of the market appeared to have been ripped off when an Associated Press journalist stopped by on Sunday. Kogan’s wife, Rivky, is a U.S. citizen who lived with him in the UAE. She is the niece of Rabbi Gavriel Holtzberg, who was killed in the 2008 Mumbai attacks. The UAE is an autocratic federation of seven sheikhdoms on the Arabian Peninsula and is also home to Abu Dhabi. Local Jewish officials in the UAE declined to comment. While the Israeli statement did not mention Iran, Iranian intelligence services have carried out past kidnappings in the UAE. Western officials believe Iran runs intelligence operations in the UAE and keeps tabs on the hundreds of thousands of Iranians living across the country. Iran is suspected of kidnapping and later killing British Iranian national Abbas Yazdi in Dubai in 2013, though Tehran has denied involvement. Iran also kidnapped Iranian German national Jamshid Sharmahd in 2020 from Dubai, taking him back to Tehran, where he was executed in October . ___ Gambrell reported from Dubai, United Arab Emirates Tia Goldenberg And Jon Gambrell, The Associated Press
TRYNGOLZATM (olezarsen) approved in U.S. as first-ever treatment for adults living with familial chylomicronemia syndrome as an adjunct to dietVigil held in Toronto commemorates victims of gender-based violence
KP Sharma Oli-led govt may be at risk as Nepali Congress opposes BRI loan from ChinaSAN ANTONIO (AP) — Damari Monsanto's 22 points helped UTSA defeat Southwestern Adventist 117-58 on Thursday. Monsanto added six rebounds for the Roadrunners (6-5). Sky Wicks scored 20 points while shooting 8 for 12, including 4 for 7 from beyond the arc and added eight rebounds and three steals. Amir "Primo" Spears shot 5 of 10 from the field, including 1 for 5 from 3-point range, and went 5 for 6 from the line to finish with 16 points. Domonique Wilkins and Orlando Gooden each scored 19 points for Southwestern Adventist. Jason Garcia had 13 points, four assists and two steals. Monsanto led his team in scoring with 16 points in the first half to help put them up 61-24 at the break. UTSA extended its lead to 87-38 during the second half, fueled by a 13-3 scoring run. Wicks scored a team-high 10 points in the second half. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar . For copyright information, check with the distributor of this item, Data Skrive.Struggling Coventry families 'cry tears of joy' at hugely popular event on Christmas Eve
Rarely does a college basketball game provide such stark contrast between the sport's haves and have-nots as when Jackson State faces No. 9 Kentucky on Friday in Lexington, Ky. While Kentucky claims eight NCAA Tournament crowns and the most wins in college basketball history, Jackson State has never won an NCAA Tournament game and enters the matchup looking for its first win of the season. Impressive tradition and current record aside, Kentucky (4-0) returned no scholarship players from last season's team that was knocked off by Oakland in the NCAA Tournament. New coach Mark Pope and his essentially all-new Wildcats are off to a promising start. Through four games, Kentucky is averaging 94.3 points per game, and with 11.5 3-pointers made per game, the team is on pace to set a school record from long distance. The Wildcats boast six double-figure scorers with transfer guards Otega Oweh (from Oklahoma, 15.0 ppg) and Koby Brea (from Dayton, 14.5 ppg) leading the team. The Wildcats defeated Duke 77-72 on Nov. 12 but showed few signs of an emotional letdown in Tuesday's 97-68 win over a Lipscomb team picked to win the Atlantic Sun Conference in the preseason. Kentucky drained a dozen 3-pointers while outrebounding their visitors 43-28. Guard Jaxson Robinson, held to a single point by Duke, dropped 20 points to lead the Kentucky attack. Afterward, Pope praised his team's focus, saying, "The last game was over and it was kind of on to, ‘How do we get better?' That's the only thing we talk about." Lipscomb coach Lennie Acuff also delivered a ringing endorsement, calling Kentucky "the best offensive Power Four team we've played in my six years at Lipscomb." Jackson State (0-5) and third-year coach Mo Williams are looking for something positive to build upon. Not only are the Tigers winless, but they have lost each game by nine or more points. Sophomore guard Jayme Mitchell Jr. (13.8 ppg) is the leading scorer, but the team shoots just 35.8 percent while allowing opponents to shoot 52.3 percent. The Tigers played on Wednesday at Western Kentucky, where they lost 79-62. Reserve Tamarion Hoover had a breakout game with 18 points to lead Jackson State, but the host Hilltoppers canned 14 3-point shots and outrebounded the Tigers 42-35 to grab the win. Earlier, Williams, who played against Kentucky while a student at Alabama, admitted the difficulties of a challenging nonconference schedule for his team. "Our goal is not to win 13 nonconference games," Williams said. "We're already at a disadvantage in that regard. We use these games to get us ready for conference play and for March Madness." Jackson State has not made the NCAA Tournament since 2007. The Tigers had a perfect regular-season record (11-0) in the Southwestern Athletic Conference in 2020-21 but lost in the league tournament. Kentucky has never played Jackson State before, but the game is being billed as part of a Unity Series of matchups in which Kentucky hosts members of the SWAC to raise awareness of Historical Black Colleges and Universities and provide funds for those schools. Past Unity Series opponents have been Southern in December 2021 and Florida A&M in December 2022. --Field Level MediaMiss Manners: I only want some of the people in my walking group to attend my party ... this is a problem
Elastic (NYSE:ESTC) Stock Price Expected to Rise, Truist Financial Analyst SaysSegall Bryant & Hamill LLC purchased a new stake in shares of Merck & Co., Inc. ( NYSE:MRK – Free Report ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,922 shares of the company’s stock, valued at approximately $2,376,000. Several other institutional investors and hedge funds also recently added to or reduced their stakes in MRK. AM Squared Ltd purchased a new position in Merck & Co., Inc. in the third quarter valued at approximately $34,000. Itau Unibanco Holding S.A. purchased a new position in shares of Merck & Co., Inc. in the 2nd quarter valued at $39,000. Peterson Financial Group Inc. acquired a new position in shares of Merck & Co., Inc. during the 3rd quarter valued at $36,000. Abich Financial Wealth Management LLC lifted its holdings in shares of Merck & Co., Inc. by 121.8% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 326 shares of the company’s stock valued at $40,000 after acquiring an additional 179 shares in the last quarter. Finally, Quarry LP purchased a new stake in Merck & Co., Inc. during the 2nd quarter worth $42,000. 76.07% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth MRK has been the topic of a number of recent research reports. Morgan Stanley reduced their price objective on Merck & Co., Inc. from $130.00 to $123.00 and set an “equal weight” rating on the stock in a research note on Friday, November 1st. Barclays lowered their price objective on shares of Merck & Co., Inc. from $142.00 to $140.00 and set an “overweight” rating for the company in a research report on Monday, October 7th. Guggenheim reduced their target price on shares of Merck & Co., Inc. from $137.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. UBS Group lowered their price target on shares of Merck & Co., Inc. from $142.00 to $136.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Finally, Daiwa America cut shares of Merck & Co., Inc. from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, Merck & Co., Inc. presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.86. Merck & Co., Inc. Price Performance Shares of NYSE:MRK opened at $99.18 on Friday. The company has a market cap of $250.89 billion, a PE ratio of 20.79, a P/E/G ratio of 1.43 and a beta of 0.40. Merck & Co., Inc. has a fifty-two week low of $94.48 and a fifty-two week high of $134.63. The firm has a 50-day simple moving average of $107.11 and a 200 day simple moving average of $117.83. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 0.79. Merck & Co., Inc. ( NYSE:MRK – Get Free Report ) last posted its earnings results on Thursday, October 31st. The company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.50 by $0.07. The company had revenue of $16.66 billion during the quarter, compared to analyst estimates of $16.47 billion. Merck & Co., Inc. had a return on equity of 36.42% and a net margin of 19.23%. The business’s revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the company earned $2.13 earnings per share. On average, sell-side analysts anticipate that Merck & Co., Inc. will post 7.73 EPS for the current year. Merck & Co., Inc. Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Monday, December 16th will be paid a $0.81 dividend. This represents a $3.24 dividend on an annualized basis and a yield of 3.27%. This is a boost from Merck & Co., Inc.’s previous quarterly dividend of $0.77. The ex-dividend date of this dividend is Monday, December 16th. Merck & Co., Inc.’s dividend payout ratio (DPR) is presently 64.57%. Merck & Co., Inc. Company Profile ( Free Report ) Merck & Co, Inc operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes under the Keytruda, Bridion, Adempas, Lagevrio, Belsomra, Simponi, and Januvia brands, as well as vaccine products consisting of preventive pediatric, adolescent, and adult vaccines under the Gardasil/Gardasil 9, ProQuad, M-M-R II, Varivax, RotaTeq, Live Oral, Vaxneuvance, Pneumovax 23, and Vaqta names. Featured Stories Receive News & Ratings for Merck & Co. Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merck & Co. Inc. and related companies with MarketBeat.com's FREE daily email newsletter .No. 9 Kentucky, focused on getting better, welcomes Jackson St.
NORTH TEXAS (5-1) Johnson 0-1 0-0 0, Lampkin 7-13 3-3 17, Deck 5-7 2-3 13, Hardaway 3-5 2-4 9, Wooten 9-13 3-6 23, Talley 3-5 0-0 7, Brackens 0-0 0-0 0, Brannon 0-0 0-0 0, McGrew 0-2 0-0 0, Moore 0-1 0-0 0, Price 0-1 0-0 0, Totals 27-48 10-16 69 HOUSTON (2-4) Augmon 1-2 0-0 2, McFarland 0-1 0-0 0, Blair 4-12 7-7 18, Cooke 2-8 1-2 5, Love 6-16 6-6 19, Bostock 0-4 0-0 0, Chevalier 1-2 0-0 2, Merchant 3-11 1-4 7, Totals 17-56 15-19 53 3-Point Goals_North Texas 5-13 (Deck 1-2, Hardaway 1-2, Wooten 2-5, Talley 1-1, McGrew 0-2, Price 0-1), Houston 4-20 (Blair 3-6, Cooke 0-2, Love 1-6, Bostock 0-2, Chevalier 0-1, Merchant 0-3). Assists_North Texas 17 (Hardaway 5), Houston 3 (Love 2). Fouled Out_None. Rebounds_North Texas 38 (Lampkin 10), Houston 26 (Love 8). Total Fouls_North Texas 18, Houston 18. Technical Fouls_None. A_864.The KP Sharma Oli led-government in Nepal runs the risk of collapse if the prime minister agrees to loans under the Belt and Road Initiative (BRI) during his upcoming China visit , with his coalition partner, Nepali Congress (NC), insisting that the Himalayan nation should seek grants instead of loans. The NC has said that China has not fulfilled its previous grant commitments under the BRI and has opposed Oli's move to join the BRI during his visit in the first week of December. Oli and the NC have publicly differed on China's invitation to Nepal to join the BRI and there are indications that the NC may reconsider its support to the government if Oli goes ahead with the plan to seek loans under the BRI, according to people familiar with the matter. Although Nepal and China signed a memorandum of understanding on BRI in 2017, not a single project has been negotiated under the initiative as successive governments in Nepal have been averse to taking loans from China, unlike Sri Lanka and Pakistan, said Nepal watchers. Nepal traditionally has also been wary of loans given its state of economy and has preferred grants to fund its projects. This is among the reasons that it has not taken loans under the BRI despite intense lobbying from China. India has offered grant assistance to Nepal since the 1950s. Nepal is among India's largest and most prominent development partners. India-Nepal Cooperation for developing modern infrastructure in Nepal began in 1951. Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Advanced Java Mastery: Object-Oriented Programming Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Intermediate C++ Skills: Master Pointers, Structures and File Stream By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Startup Fundraising: Essential Tactics for Securing Capital By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Finance AI and Generative AI for Finance By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays View Program Marketing Digital Marketing Masterclass by Neil Patel By - Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru View Program Web Development Intermediate Java Mastery: Method, Collections, and Beyond By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Leadership Validating Your Startup Idea: Steps to Ensure Market Fit By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Office Productivity Excel Essentials to Expert: Your Complete Guide By - Study At Home, Quality Education Anytime, Anywhere View Program Web Development JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Microsoft Word Mastery: From Beginner to Expert By - CA Raj K Agrawal, Chartered Accountant View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Apart from taking up infrastructure development projects, India has also shared technical know-how with Nepal in various fields. Meanwhile, Oli said his China visit would not hurt Nepal's ties with India. Speaking at the concluding session of the Kantipur Conclave in Kathmandu last Thursday, he said there was no reason for his visit to harm relations with India just because he was going to China first. Historically, India has been the first destination abroad for any Nepalese PM. (You can now subscribe to our Economic Times WhatsApp channel )
LDI 2025 Announced for December 3-9 in Las Vegas NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Questex's Live Design International (LDI) 2024 delivered an unforgettable experience, bringing together over 13,000 global live event and entertainment design technology professionals and over 350 exhibitors. Packed with groundbreaking gear and technology, unparalleled education, and industry-defining moments, LDI 2024 proved why it remains the ultimate gathering for live entertainment and production technology. A Milestone Year for LDI 2024 Bursting with cutting-edge technology, unmatched education programs, and unforgettable networking opportunities, LDI 2024 reached new heights. The event featured the largest professional training program in its history, a 50% increase in LDInstituteTM classes, more than 125 LDInnovationTM Conference sessions, and a 10% larger exhibit floor showcasing over 350 exhibitors. "LDI 2024 was a vibrant celebration of the creativity, innovation, and community that power the live entertainment industry,” said Jessi Cybulski, Show Director, LDI. "With outstanding professional training, an electric show floor, and countless opportunities to connect, this year's event exceeded expectations. We can't wait to see what the industry will create in the coming year and showcase at LDI 2025.” LDI 2024 Highlights: "As far as the quality of programming and the quality of showroom floor, it's definitely some of the top memories I'll have when it goes to conferences and attending events,” said Michaela Ternasky-Holland, Creator, Immersive, Spatial, & Interactive Experiences (VR, AR, AI). "It's been really, really great to come back and experience LDI and just seeing the growth that has happened in just a short amount of time, both in the size of the overall event and then also the technology. If you're thinking about coming to LDI or getting into this industry, I would certainly recommend you taking advantage of this amazing opportunity that happens every year. Just great exposure to many of the manufacturers, all of the technology that you see on any of the events that are happening out there is here at the LDI conference. Even better are the people and the relationships that make all the live events in the industry happen. It's all about the people and the products, and it all happens here at LDI,” said Shane Smith, Sr. Director Technology, LMG, Inc. "It's the perfect opportunity to see a showcase of the latest and greatest in tech, and also network and meet with the movers and shakers who are in this exciting field. As a first-time attendee when the Expo Floor opened, I was like a kid walking into a candy store. It was just incredible. The lights, the sounds, the noises, the people, the technology. Yeah, this is a great experience,” said Brian Crane, Founder, Crane Light & Design. "This is the conference that I go to because all of my friends are here. I was a lighting person back in the day. And this is the place that I come to see all the new technology, the new equipment. And now that I'm working more on the rigging side of things, I get a chance to come and talk about that this year,” said Kristi Ross-Clausen, Director of Education and Training, TheaterHealthandSafety.com. "LDI is a wonderful thing every year where all the vendors come together and you get an opportunity to see all of the new things out there. But, also, it's really a meeting of the minds where you get all the people who are actually creating this cutting-edge technology into one space. So, it's a great place to talk to people, pick up on what's coming up as far as ideas goes and what people have in the pipeline,” said Tyler DeLong, Managing Partner, DeLong Rigging Solutions. "LDI to me is the mecca for theater technology around the planet. If you want to broaden your horizons and know more about your craft, whatever that craft is, whether it's rigging, whether it's lighting, whatever it is, you come to LDI to see the latest products, to talk to the leaders in the industry and learn more about what it is that they do that makes them successful. It's honestly just a great place to get together with the OGs in the industry to swap stories, meet new people, encourage the young ones today to get into the business and help it grow, because this business is growing exponentially every day,” said Tracy Nunnally, Owner, Vertigo. "This is my favorite show. Not only do a lot of our customers come here, you have end users and production companies from some of the leading companies. So, we've met so many incredible contacts here. Many touring companies have come to visit our booth, and we're really excited for them to use INFiLED with some of the top performers in the country. Such amazing contacts, just a real incredible place, and really just a fun place to be. So, I definitely recommend everyone to be at LDI,” said Larry Lipsie, Senior Sales Manager, INFiLED. "It's been a great show. We've had a lot of really great interactions with tons of different people. Attendance has been really good this year,” said Will Komassa, President/CEO, Blizzard Lighting LLC. "It's been a fantastic show. We've seen all kinds of people here from students who are just starting out in their careers in the entertainment technology world, all the way up to the most seasoned professionals that we've ever seen at this show,” said Ryan Hindinger, Market Manager CT≤, ACT Entertainment. Looking Ahead to LDI 2025 LDI 2025 will take place December 3-9, 2025 at the West Hall in the Las Vegas Convention Center in Las Vegas, NV, with the conference starting December 3 and the expo floor open December 7-9. For sponsorship opportunities, contact Kelly Turner, Director of Sales, at [email protected] . About Live Design International (LDI) Established in 1988, Live Design International (LDI) is built on a 36-year history as the essential trade show and conference for global live design professionals. Attendees come to LDI to see the latest gear and entertainment technology in action, covering audio, lighting, projection, video, staging, special effects, and XR. It is also a great opportunity to refresh knowledge and professional training, in addition to networking and finding inspiration from colleagues, manufacturers, and distributors at the vanguard of entertainment technology. For more information, visit http://www.ldishow.com/ . LDI will take place December 3-9, 2025, at the West Hall in the Las Vegas Convention Center in Las Vegas, NV. About Questex Questex helps people live better and longer . Questex brings people together in the markets that help people live better : hospitality and wellness; the industries that help people live longer : life science and healthcare; and the technologies that enable and fuel these new experiences . We live in the experience economy - connecting our ecosystem through live events, surrounded by data insights and digital communities. We deliver experience and real results. It happens here. Media Contact Charlene Soucy LDI [email protected]
The Liberal government is pulling out the federal wallet to put more money into people’s pockets over the holidays, but its recently announced affordability measures create winners and losers. Prime Minister Justin Trudeau announced on Thursday that the federal government will remove the goods and services tax on a slew of items for two months, starting Dec. 14. But in provinces where the provincial and federal sales taxes are blended together into a harmonized sales tax, Canadians will get a larger break. The federal government also plans to send $250 cheques to Canadians who were working in 2023 and earned up to $150,000. That means Canadians who were not working in 2023, including those who were receiving social assistance or were in retirement, will not be sent a cheque in April. In the House of Commons on Friday, NDP MP Peter Julian called the government out for not including Canadians with fixed incomes. “Why are Liberals excluding seniors and people with disabilities from the real help they need this holiday season? Why won’t Liberals help them, too?” Julian asked during question period. At a news conference on Friday, Trudeau said that the federal government has already stepped up to help the most vulnerable Canadians and that it is now time to give a hand to workers. “Over the past number of years, we have been extraordinarily present in helping the most vulnerable Canadians,” Trudeau said, mentioning the boost to old-age security for seniors aged 75 and older and the Canada Child Benefit. “But as I travel across the country, I do regularly hear from working Canadians who are having trouble making ends meet, but saying, ‘look, I don’t have kids. I’m not a senior yet, and I’m facing challenges.’” The GST break, which is expected to cost the federal government $1.6 billion, will apply to a number of items including children’s clothing and shoes, toys, diapers, restaurant meals and beer and wine. It also applies to Christmas trees — both natural and artificial — along with a variety of snack foods and beverages, and video game consoles. Meanwhile, 18.7 million people will receive a check this spring, costing the government about $4.7 billion.TOWSON 64, MORGAN STATE 60
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