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Corteva ( NYSE:CTVA – Free Report ) had its price target hoisted by KeyCorp from $66.00 to $69.00 in a research report released on Thursday, Benzinga reports. KeyCorp currently has an overweight rating on the stock. A number of other research analysts have also issued reports on CTVA. UBS Group raised their price objective on shares of Corteva from $67.00 to $71.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Royal Bank of Canada cut their price target on shares of Corteva from $69.00 to $68.00 and set an “outperform” rating on the stock in a report on Monday, November 11th. Argus downgraded Corteva from a “buy” rating to a “hold” rating in a report on Wednesday, August 7th. Wells Fargo & Company raised their target price on Corteva from $65.00 to $67.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $65.00 price target on shares of Corteva in a research report on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $64.33. View Our Latest Research Report on Corteva Corteva Price Performance Corteva Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.17 per share. The ex-dividend date is Monday, December 2nd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.11%. Corteva’s dividend payout ratio (DPR) is presently 68.69%. Corteva declared that its board has authorized a share repurchase program on Tuesday, November 19th that permits the company to buyback $3.00 billion in outstanding shares. This buyback authorization permits the company to repurchase up to 7.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its shares are undervalued. Institutional Investors Weigh In On Corteva A number of hedge funds have recently added to or reduced their stakes in CTVA. Acadian Asset Management LLC acquired a new position in shares of Corteva during the first quarter worth approximately $25,000. Capital Advisors Ltd. LLC grew its holdings in shares of Corteva by 44.4% during the third quarter. Capital Advisors Ltd. LLC now owns 566 shares of the company’s stock valued at $33,000 after buying an additional 174 shares during the last quarter. Cultivar Capital Inc. bought a new stake in shares of Corteva during the second quarter worth about $34,000. Redwood Wealth Management Group LLC acquired a new stake in shares of Corteva in the 2nd quarter worth about $43,000. Finally, Triad Wealth Partners LLC bought a new position in Corteva in the 2nd quarter valued at about $45,000. Institutional investors and hedge funds own 81.54% of the company’s stock. About Corteva ( Get Free Report ) Corteva, Inc operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics. Further Reading Receive News & Ratings for Corteva Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corteva and related companies with MarketBeat.com's FREE daily email newsletter .HALIFAX, NS / ACCESSWIRE / December 24, 2024 / MedMira Inc. (MedMira) (TSXV:MIR) announced today that it has received today, on December 24, 2024, the approval from Health Canada for its Multiplo® Rapid TP/HIV Test (Multiplo® TP/HIV) to be rolled out across Canada, a critical point-of-care tool to address the health crises with HIV and syphilis in Canada. The single Reveal® TP (Syphilis) approval will follow soon after this more complex approval. The Multiplo® TP/HIV rapid test allows healthcare professional to accurately detect both HIV-1/2 and syphilis antibodieswith one sample using a simple finger prick that delivers results immediately. This easy-to-use and high-quality test can be used in any setting and does not need any special storage conditions. Making it the perfect solution for use in hospitals, doctor's offices and other settings and provides another important option in the Canadian market to help people know their status and get connected to treatment and care. "Our Multiplo® TP/HIV device is the fastest testing solutions for HIV-1/2 and Syphilis and has been used in various settings and markets (such as in Europe, Colombia etc) for years. The Health Canada Medical Device License for professional-use will immediately address critical gaps in healthcare settings at a fraction of the costs of conventional testing systems," said Hermes Chan, CEO of MedMira, a world leader in developing rapid diagnostics and technologies. "Together with REACH Nexus we aim to supply urban and remote communities across Canada, and with it provide access to a critical needed screening tool. This test will have a significant impact on the already stretched and overburdened health care system by providing a fast and cost-efficient screening method." Health Canada's licensure of the device is based on the results of a landmark clinical study in Alberta, co-led by Dr. Sean B. Rourke, director of REACH Nexus and a scientist with the MAP Centre for Urban Health Solutions at St. Michael's Hospital (Unity Health Toronto) and Dr. Ameeta Singh at the University of Alberta. "We urgently need more rapid testing options approved in Canada to reach the undiagnosed with HIV, syphilis and other blood-borne infections and sexually transmitted infections (STBBIs)," said Dr. Rourke, the director of REACH Nexus at MAP. "We are very excited about this ongoing partnership with MedMira and the critical implementation science work that went into getting this device approved and into the hands of healthcare professionals." Health Canada's approval of the Multiplo® TP/HIV rapid test couldn't come at a more urgent time. The latest data from the Public Health Agency of Canada, shows that new HIV diagnoses soared more than 35% from 2022 to 2023, with rates in Manitoba rising by more than 40%. In Saskatchewan, the rate of HIV was 19.4 per 100,000 people, more than three times the national rate. In 2022, there were 13,953 reported syphilis cases, with rates increasing by 109% compared to 2018, and with congenital syphilis cases seeing a 7% increase from 2021 and a 599% increase from 2018(1). With the rising cases, particularly in underserved and remote communities, the Multiplo® TP/HIV provides an essential testing device to help reach the undiagnosed living with HIV and/or syphilis. "These tests are essential amid the rising number of STBBIs and will have real-life impacts," said Dr. Rourke. "Not everyone has access to the testing they need for STBBIs because of health inequities, stigma and various forms of discrimination. MedMira's rapid test is a crucial tool in Canada - so everyone can have access to the testing they need." As part of Health Canada's review and authorization process, Dr. Rourke's team of researchers sourced funding and conducted the landmark studyworking closely with healthcare providers, provincial health ministry and laboratory agencies, community stakeholders, and people with lived experience. The study, conducted from 2020-2022, included over 1,500 participants from clinical settings in Edmonton and northern Alberta. The study found the Multiplo® TP/HIV test to be 100 per cent accurate in identifying HIV infection, and more than 98 per cent accurate in detecting syphilis. "Having more HIV rapid tests increases our chances of reaching people in Canada who have HIV and don't know it, and a very significant and increasing number of infectious and congenital syphilis cases" said Dr. Rourke. "This rapid, accessible test helps breakdown barriers that some people face so they can get tested so they know their status. It helps move closer to ending the HIV and syphilis epidemics in Canada." (1) About REACH Nexus at MAP Centre for Urban Health Solutions REACH Nexus is an ambitious national research group working on how to address HIV, Hepatitis C, and other sexually transmitted and blood-borne infections (STBBIs) in Canada. Their focus is on reaching the undiagnosed, implementing and scaling up new testing options, strengthening connections to care, improving access to options for prevention (PrEP and PEP) and ending stigma. We work in collaboration and partnership with people living with HIV; community-based organizations; front-line service providers; healthcare providers and decision makers; public health agencies; researchers; business leaders; industry partners, and federal, provincial and regional policymakers.REACH Nexus is part of at St. Michael's Hospital, Unity Health Toronto, and is funded by the Canadian Institutes of Health Research. Follow us on Twitter, Instagram and Facebook. About MedMira MedMira is a leading developer and manufacturer of Rapid Vertical Flow® diagnostics. The Company's tests provide hospitals, labs, clinics, and individuals with instant disease diagnosis, such as HIV, Syphilis, Hepatitis, and SARS-CoV-2, in just three easy steps. The Company's tests are sold globally under the REVEAL®, REVEALCOVID-19®, Multiplo® and Miriad® brands. Based on its patented Rapid Vertical Flow® Technology, MedMira's rapid HIV test is the only one in the world to achieve regulatory approvals in Canada, the United States, China and the European Union. MedMira's corporate offices and manufacturing facilities are located in Halifax, Nova Scotia, Canada. For more information visit . Follow us on and . This news release contains forward‐looking statements, which involve risk and uncertainties and reflect the Company's current expectation regarding future events, including statements regarding possible regulatory approval, product launch, future growth, and new business opportunities. Actual events could materially differ from those projected herein and depend on a number of factors including, but not limited to, changing market conditions, successful and timely completion of clinical studies, uncertainties related to the regulatory approval process, establishment of corporate alliances and other risks detailed from time to time in the company quarterly filings. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. MedMira Contact Markus Meile Chief Financial Officer MedMira Inc. REACH Nexus Contact Andrew Russell Senior Communications Specialist REACH Nexus - MAP Centre for Urban Health Solutions SOURCE: MedMira Inc. View the original on
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Tharman Shanmugaratnam We can only address these long challenges by stretching our economic and political horizons, says President Tharman Shanmugaratnam. Our largest governance challenges, internationally, are now the long ones: where decisions today will determine if we secure people’s well-being not only today but also for our children’s generation and those that come after. Climate change is foremost. Ways must be found to win popular support to accelerate the shift to a low-carbon future. It requires a fair transition, one that overcomes the anxieties over costs that have led to pushback within many populations. But it also means overcoming the short-sightedness that is now the norm in most societies, so as to ensure fairness not only today but also for future generations. Likewise, the challenge of meeting the needs of steadily ageing societies, without sending the invoice to the next generation. And so too, dealing with AI (artificial intelligence) – the most profound technological change of our times, with benefits as well as risks that are likely to grow exponentially in the coming decade and beyond. We can address these long challenges only by stretching our economic and political horizons. And by finding ways to rebuild optimism and solidarity within our societies, so that people can imagine how the future can be better for all. The collective belief in the future has to be both the means and the end. Building a realistic optimism We are starting from a difficult place. Confidence in the future has been on the decline in most societies. They are also more divided. A survey of 19 high- and middle-income societies by Pew Research in 2022 found the majority feeling more divided than they did before the Covid-19 pandemic. Only three countries avoided this, including Singapore, where 75 per cent of people felt more united than before the pandemic. On top of all this, confidence in the multilateral order is at its lowest point. Yet, to tackle problems like climate change, we must first recognise the scale and seriousness of the challenge – not so we add to the mood of despondency, but so we build realistic optimism. The world is far behind the actions it needs to stay within 1.5 deg C of global warming, and to prevent accelerated warming after we hit 1.5 deg C. The best scientific estimates tell us that the remaining carbon budget, or the maximum amount of emissions the world can make so that global warming remains below 1.5 deg C, is likely to be used up in about five years’ time. Even more worrying: there is radical uncertainty as to what comes next. The planet is losing its critical buffers against warming – the natural ecosystems on land and in the oceans, that have been soaking up more than 50 per cent of carbon dioxide that the world emits, are losing that ability. It is also beginning to cross tipping points – such as the melting of the Greenland ice sheet, and the shift in the Amazon from being a huge carbon sink to being a net emitter – which can lead to runaway global warming. The implications are clear. First, tackling climate change will be much more costly, and vastly more complex and difficult, if we defer action. We must act early, especially to develop scale in clean energy and green technologies, so that they become as affordable and as reliable as what we do with fossil fuels. Second, clear and credible public policies are key to achieving the scale and speed that is required. Carbon pricing has to be the centrepiece. It will help catalyse the needed shift in private investments towards green opportunities in every sector, and also provide the revenues needed to support the transition and ensure poorer segments of the population are not disadvantaged. But it is generally understood that carbon pricing, within socially realistic limits, will not on its own be adequate. Targeted regulations in specific sectors, which in many cases such as in aviation and maritime transport will have to be internationally managed, are needed to provide certainty for businesses and spur innovation. We also need public investment in R&D and to build out new grids and other public infrastructure for a clean energy future. But higher spending will be a problem in many countries – given already large public debts, and interest rates which are no longer low. They have to find a pragmatic path, to protect future generations from exploding debt burdens, but also protect them from the huge costs that climate change will cause. Europe epitomises this challenge. Eminent former leaders like Italy’s Mario Draghi and Germany’s Angela Merkel – who had herself pushed for Germany’s conservative “debt brake” laws when she was the country’s chancellor – have now proposed that the public sector be allowed to borrow for a transitional period for investments in the green transition and other critical needs. Third, and the most challenging governance task: we need international coordination to solve the climate crisis. Otherwise, we risk carbon leakage – where higher-emitting companies and activities shift to countries with more accommodating policies. But besides their differing levels of political will, the complexity comes from the fact that countries have been using different sets of measures to encourage decarbonisation. Europe has been relying on the full mix of carbon pricing, regulation and subsidies, whereas China has introduced only limited pricing and the US has eschewed it altogether. Finding some equivalence between the measures taken by these major emitters so as to determine their “effective” carbon pricing rates will be a difficult matter. But it cannot be avoided. Reframing the debate We need a new understanding in trade, investments and technology transfers, to enable the world to benefit from China’s low-cost clean energy technologies, such as its solar panels, wind turbines and batteries. And likewise, to take advantage of innovations in the United States, such as in hydrogen power, carbon capture and other next-generation clean technologies. The key goal must be to maximise scale, affordability and the speed of the global transition, recognising that the world is far behind in the race against climate change. It will be aided by not limiting market access to products and technologies based on where they come from, but instead pursuing the solutions that still exist for win-win economic outcomes. We must also overcome the perennial tensions over climate financing for the developing world, which are not getting us anywhere. The debate has to be reframed; from viewing it not as a matter of how much aid should be given from rich nations to poor, but as investment in the global commons that all nations will benefit from. Dollar for dollar, investments in climate transition in the developing world in fact have a more significant impact on global emissions than in the advanced economies. Blended finance, where we bring together monies from the public sector, the multilateral development banks and the private sector, and where possible philanthropies, is an important way to scale up these investments. That’s why Singapore launched the Fast-P (Financing Asia’s Transition Partnership) programme this year, to help spur the transition to low carbon in Asia. The good news recently has been in carbon markets. Consensus on how to operationalise Article 6 of the Paris Agreement – governing how countries can trade carbon credits – was finally achieved at COP29 in Baku, with Singapore playing the role of co-facilitator. It will also add impetus to efforts to develop a voluntary carbon market with credible standards and verification mechanisms. The challenge is in the doing. An example is the Transition Credits Coalition that MAS (Monetary Authority of Singapore) is working on, to make possible an early phase-out of coal-fired power plants in Asia. Finally, we need a new narrative on climate change that has appeal to populations. Pushback has come from those who feel they have to bear the costs of decarbonisation today, in exchange for benefits to society in the distant future. Part of the solution must be to ensure that adjustments are fair to ordinary households. But decarbonising the economy can itself be a growth opportunity in the coming decade itself – with heightened investments creating many jobs and new businesses. It is an opportunity for clean air today – remember that millions of people each year die from air pollution caused by fossil fuel-based energy, with many more suffering from ill health. And nature-based solutions will help give populations clean water supply, and provide a buffer against flood and other weather extremities. So while the largest benefits come decades later, the dividends for populations from climate action begin flowing early. AI: focus on early wins, and avoiding the worst possible harms The second looming issue is AI. It presents massive opportunities for improved well-being – from better healthcare to productivity in every sector. But there are also major risks. There are bleak scenarios of how AI will remove a large segment of jobs, including those of the middle class. No one can say for sure that it won’t happen. There is also the prospect of AI systems moving beyond our control, as most AI programs get to be written by AI itself. And as Dr Henry Kissinger warned in his final book, AI poses a global security dilemma of an existential nature. More immediately, there’s the risk that AI poses for democracy itself, by accentuating misinformation and social polarisation. We already see this today, but it will only grow in the next decade and beyond. Yet, we must have a sense of realism when we think of how we should regulate AI. There will remain a fundamental mismatch between the pace at which AI is developing and regulators’ ability to set rules around it. We cannot delay AI until we are perfectly sure it is safe; in fact, we should assume that there will be some bad. Our approach should be to maximise the benefits of AI and minimise the risk of the worst possible harms to safety and society, and not think we can regulate AI comprehensively to avoid all that could be bad. Look for early wins. In healthcare, for instance, through much earlier and better diagnosis and treatment. In learning, with the potential that AI offers for personalised tutoring, through life. In improving farming yields. And in virtually every sector, to improve the productivity of those in the workforce by having an AI tool to augment your own capabilities. Further, not every problem created by AI will be best solved by trying to regulate AI. The real solutions to avoid job and income losses, which could come in both advanced and developing countries, lie in other economic and social strategies. We’ve got to double down on preparing young people and the workforce of today for an AI era. Countries may have to introduce new wage subsidies, or use progressive tax and transfer systems to mitigate inequalities. Every society has to be ready with these strategies, to ensure we can benefit from AI whilst buffering its downsides. Critically, too, we will need international cooperation to govern AI. It must involve the US and China talking directly with each other. But we must carry on with the important work of building a broad coalition of interests that can make the most of expertise from every source. Don’t send the invoice to the next generation The third long challenge: preserving optimism as societies age. Almost every higher-income country is ageing, and a few emerging countries too. We will see this go further in the next 30 years, changing the nature of society. However, many systems of financing healthcare and pensions are unsustainable, and are now likely to pose a major burden on the next generation. Unfortunately, most are also dealing with this challenge late in the day, when a large segment of the population is already retired or close to doing so. Reforms are still possible, but now come at greater political cost, which many democracies are finding insurmountable. Healthcare spending will have to go up, if we are to provide quality and affordable care for growing older populations. The costs have to be paid for fairly, across a population. We should start by recognising that there is no such thing as free healthcare for people anywhere – even in the systems like the UK’s where you pay little or nothing when you turn up in hospital, people pay for it through taxes or mandatory national insurance contributions. But a key lesson from most countries is that to keep the system fair, and keep healthcare costs from going up excessively, we have to avoid a heavy reliance on just one source of payments. We need a balance between government subsidies, co-payments by individuals when they are treated, and insurance policies – as we have in Singapore, for example. It is also how we ensure that those who can afford it get less subsidies and pay their fair share. More importantly, staying healthy and keeping healthcare costs down doesn’t just depend on healthcare systems. In fact, much of it depends on our habits and the social environment around us as we age. Are we staying active? Do we have regular friends? Do we have hobbies? Are we still learning something and staying curious? Are we countering the ageing brain? That’s all critical in staying healthy, and to living long and satisfying lives. And in Singapore, we are very serious about making this possible. Rebuilding solidarity Finally, as I mentioned at the start, we have to rebuild the collective belief that the future can be better for all. We have to find ways to get beyond the zero-sum thinking that is now prevalent within many societies – where each group feels that its future is pitched against another. Find ways to address the concerns of segments in each population who feel that the elite do not understand their day-to-day problems. And find ways to rebuild a sense of common humanity, by sustaining the international rule of law and norms of conduct, and by pitching in to strengthen the global commons. Yet, solidarity, a sense that our lives are connected and indeed enriched by what we do for each other, is a neglected dimension of democracy. We understand very well the importance of justice, and the freedoms that different democracies are organised around, but it requires something more for democracies to work well in today’s world. Where we’re not just individuals wanting to be equal and free, but we have bonds of reciprocity with one another, and we know it’s those bonds that will help us tackle the challenges we now face and take us forward. Solidarity has to be rebuilt into how we practise democracy, how societies are governed, and how we respect one another in our lives. Find out more about climate change and how it could affect you on the ST microsite here. Read 3 articles and stand to win rewards Spin the wheel nowQatar tribune Tribune News Network Doha Doha Bank has signed a multi-year sponsorship agreement with the Qatar Tennis Federation (QTF) to support the Qatar ExxonMobil Open for the next three years, from 2025 to 2027. This collaboration reinforces Doha Bank’s commitment to advancing Qatar’s position as a global hub for world-class sports while contributing to the nation’s broader development goals under Qatar National Vision 2030. The signing ceremony took place today at the Khalifa International Squash Complex, attended by Sheikh Abdulrahman bin Fahad bin Faisal Al Thani, Group Chief Executive Officer of Doha Bank, and Tariq Darwish Zainal, Secretary General of Qatar Tennis, Squash, Padel and Badminton Federation, alongside distinguished dignitaries and senior representatives from both organizations. Sheikh Abdulrahman bin Fahad bin Faisal Al Thani, GCEO of Doha Bank, said: “At Doha Bank, we take pride in our partnership with the Qatar Tennis Federation, demonstrating our commitment to supporting sports and athletes in Qatar.Our sponsorship of the Qatar ExxonMobil Open Tennis Tournament underscores our dedication to advancing the goals of Qatar National Vision 2030 by fostering the growth of the sports sector and strengthening Qatar’s position as a global destination for world-class sporting events”. Tariq Darwish Zainal , Secretary General of Qatar Tennis, Squash and Badminton Federation said: “We are very pleased with this agreement, which will serve as a starting point for a fruitful and long-lasting collaboration with Doha Bank. We are confident it will further bolster the success of this prestigious tournament, which is considered one of the most prominent sporting events in the region and the world,” The Qatar ExxonMobil Open is an internationally renowned tournament that attracts some of the world’s top tennis players and thousands of fans each year. Through this sponsorship, Doha Bank and QTF aim to further elevate the tournament experience for players, spectators, and the wider community. This partnership also aligns with Doha Bank’s broader Corporate Social Responsibility initiatives, reflecting its dedication to supporting activities that contribute to the socio-economic growth of Qatar and strengthen the country’s global standing in sports and culture. 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