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Brazilian police formally accused Bolsonaro of an attempted coup. What comes next?In the latest quarter, 6 analysts provided ratings for Expand Energy EXE , showcasing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 3 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 1 0 0 2M Ago 1 0 2 0 0 3M Ago 0 0 0 0 0 Analysts have recently evaluated Expand Energy and provided 12-month price targets. The average target is $97.17, accompanied by a high estimate of $116.00 and a low estimate of $85.00. Surpassing the previous average price target of $91.83, the current average has increased by 5.82%. Deciphering Analyst Ratings: An In-Depth Analysis A comprehensive examination of how financial experts perceive Expand Energy is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Scott Hanold RBC Capital Raises Outperform $116.00 $102.00 Nitin Kumar Mizuho Raises Outperform $110.00 $105.00 Mike Scialla Stephens & Co. Raises Equal-Weight $86.00 $85.00 Mike Scialla Stephens & Co. Raises Equal-Weight $85.00 $84.00 Paul Diamond Citigroup Raises Buy $97.00 $90.00 Josh Silverstein UBS Raises Neutral $89.00 $85.00 Key Insights: Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Expand Energy. This offers insight into analysts' perspectives on the current state of the company. Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Expand Energy compared to the broader market. Price Targets: Understanding forecasts, analysts offer estimates for Expand Energy's future value. Examining the current and prior targets provides insight into analysts' changing expectations. To gain a panoramic view of Expand Energy's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table. Stay up to date on Expand Energy analyst ratings. Unveiling the Story Behind Expand Energy Expand Energy Corp independent natural gas producer in the United States. It is fueling a more affordable, reliable, and lower-carbon future. The group focused on developing abundant natural gas, oil, and gas liquids to expand energy access. Expand Energy: Delving into Financials Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence. Revenue Challenges: Expand Energy's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -57.28% . This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector. Net Margin: Expand Energy's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -17.65%, the company may face hurdles in effective cost management. Return on Equity (ROE): Expand Energy's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -1.11%, the company may face hurdles in achieving optimal financial performance. Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.84%, the company may need to address challenges in generating satisfactory returns from its assets. Debt Management: Expand Energy's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.2 . Understanding the Relevance of Analyst Ratings Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter. Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error. Breaking: Wall Street's Next Big Mover Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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~ Deepens Investor’s Dedication to Horizon Aircraft Supporting Continued Operations and Development ~ TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today it has received an investment from a strategic investor (the “Investor”) and aerospace supporter, for aggregate proceeds of $8.4 million (the “Investment”). The strategic financing will fortify Horizon Aircraft’s balance sheet, provide stability in the operations, governance and regulatory priorities, and fund further development and flight testing of its hybrid eVTOL, the Cavorite X7. Brandon Robinson, Chief Executive Officer and Co-Founder of Horizon Aircraft commented, "We are deeply appreciative for this second investment from our strategic partner. The principle’s continued support through this second tranche of funding provides our business with a solid working capital position in support of our initiatives. With this commitment Horizon Aircraft is on solid footing, and our focus is on the development of our full-scale hybrid eVTOL." Under the terms of the Investment, the Investor will receive an aggregate $2.1 million in Horizon Class A ordinary shares totaling 4,166,667 shares offered at $0.50 CAD per share to be issued from treasury (the “Common Shares”). Additionally, the Investor will exchange $6.3 million for 4,500 preferred shares to be issued from treasury (the “Preferred Shares”), each will be convertible to Common Shares at a price of $0.63 CAD per share for a period of five (5) years. The Preferred Shares shall have a priority liquidation preference over the Common Shares. The Company shall register the Common Shares with the United States Securities and Exchange Commission as soon as practically possible, but no later than 90 calendar days from filing. About Horizon Aircraft Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company that is developing one of the world’s first hybrid eVTOL that is to be able to fly most of its mission exactly like a normal aircraft while offering industry-leading speed, range, and operational utility. Horizon’s unique designs put the mission first and prioritize safety, performance, and utility. Horizon hopes to successfully complete testing and certification of its Cavorite X7 eVTOL quickly and then enter the market and service a broad spectrum of early use cases. Visit www.horizonaircraft.com for more information. Forward-Looking Statements The information in this press release contains certain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “aim,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Horizon competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Horizon will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) the ability of the parties to recognize the benefits of the business combination agreement and the business combination; (iv) the lack of useful financial information for an accurate estimate of future capital expenditures and future revenue; (v) statements regarding Horizon’s industry and market size; (vi) financial condition and performance of Horizon, including the anticipated benefits, the implied enterprise value, the expected financial impacts of the business combination, the financial condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Horizon; (vii) Horizon’s ability to develop, certify, and manufacture an aircraft that meets its performance expectations; (viii) successful completion of testing and certification of Horizon’s Cavorite X7 eVTOL; (ix) the targeted future production of Horizon’s Cavorite X7 aircraft; and (x) those factors discussed in our filings with the SEC. You should carefully consider the foregoing factors and the other risks and uncertainties described and to be described in New Horizon’s public filings with the Securities and Exchange Comission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward- looking statements, and while Horizon may elect to update these forward-looking statements at some point in the future, they assume no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. Horizon does not give any assurance that Horizon will achieve its expectations. Contacts Horizon Aircraft Inquiries (PR): Phil Anderson Phone: +44 (0)7767 491 519 Phil@perceptiona.com Investor Contacts: Shannon Devine and Rory Rumore MZ Group Phone: (203) 741-8841 HorizonAircraft@mzgroup.us
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When many countries are at war, PM Modi binding world in thread of peace, harmony: YogiTen years of Labor rule in Victoria has changed the state. Login or signup to continue reading Under premiers Daniel Andrews and Jacinta Allan, Victoria has embarked on a decade-long infrastructure agenda and raft of Australian-leading social reforms. But no state had more COVID-19 lockdowns, net debt is climbing and the government has faced a series of scandals, as well as criticism over its lack of transparency and accountability. The Big Build, social change and scandal The Andrews government ministry was sworn in after Labor ended four years of Liberal rule under Denis Napthine and Ted Baillieu on November 29, 2014. The 2014 state election was effectively a referendum on Melbourne's East West Link project. Mr Andrews had pledged to rip up the contract to build the contentious toll road if Labor was victorious and ordered the suspension of all work in his first weeks as premier. The state's auditor-general later found the total cost of cancelling the project topped $1.1 billion. To soften the blow, Labor promised to build the Metro Tunnel and remove 50 level rail crossings. While over budget, the Metro Tunnel is due to open to fanfare in 2025 and the level crossing removal program has been expanded and hailed as one of Labor's greatest achievements. Socially, Victoria enacted laws to ban anti-abortion protesters harassing women outside clinics and became the first state to pass voluntary assisted dying laws in 2017. But it wasn't long until the government was in turmoil. Minister Adem Somyurek stood down after being accused of bullying, Steve Herbert quit cabinet for using his taxpayer-funded driver to chauffeur his two dogs and former speaker Telmo Languiller and his deputy Don Nardella were exposed rorting an allowance for country members. The biggest scandal of the lot was "red shirts rorts". A 2018 ombudsman investigation found 21 past and present Labor MPs breached parliamentary guidelines by wrongly approving $388,000 in taxpayer funds be spent on campaign staff before the 2014 election. The money was repaid by the party and no charges were laid by police. Nonetheless, Labor swept to a second term with a huge majority in what was known as the "Danslide". Second-term blues Bushfires, a global pandemic and a high-profile corruption probe knocked Labor's second term off course. After setting up a royal commission into the state's "broken" mental health system, Victoria was plunged into one of its worst bushfire seasons in memory. The 2019-20 black summer bushfires burned more than 1.5 million hectares of Victorian land, killing five people and razing more than 400 homes. But the scale of the devastation paled in comparison to what came next. Mr Andrews declared a state of emergency in March 2020 as COVID locked down the entire country. As Victoria was cautiously reopening, cases leaked out of the state hotel quarantine system, sparking a second COVID-19 lockdown for Melbourne that ultimately ran for 112 days. The premier, ministers, bureaucrats and agency officials fronted a judicial inquiry into hotel quarantine breaches, but none said they could recall whose idea it was to use private security. In June 2020, Mr Andrews sacked Mr Somyurek from his cabinet - following his return to the frontbench in 2018 - after Channel Nine aired allegations of branch stacking and a recording of him using offensive language about a ministerial colleague. He was the first of four ministers to depart in the fallout. A subsequent report by the corruption watchdog and ombudsman exposed misuse of taxpayer resources but again did not recommend any criminal charges. In the middle of the separate crises, Mr Andrews spent 111 days off work after fracturing his spine and breaking several ribs in a fall. He and other MPs also became the target of fierce, and at times violent, opposition to pandemic-specific laws passed in late 2021 following Melbourne's sixth and final lockdown. The COVID-fuelled community anger and division did not dent Labor electorally as Mr Andrews steered it to another thumping win. Axing the Commonwealth Games, sacked MPs and leadership change Cancelling the 2026 Commonwealth Games in regional Victoria was among Daniel Andrews' final acts as premier. He called a snap press conference in July 2023 to pull the pin on the event, citing estimated costs blowing out from $2.6 billion to between $6 billion to $7 billion. In September 2023, just days after handing down a landmark housing statement , Mr Andrews announced his retirement from politics, paving the way for heir apparent Ms Allan to replace him. Both Mr Andrews and Ms Allan forced backbench MPs Will Fowles and Darren Cheeseman out of the Labor party room over past instances of alleged misconduct, reducing its numbers in the lower house. Mr Fowles was investigated by police but not charged, while Mr Cheeseman has not publicly addressed complaints of inappropriate behaviour towards female staff. Ms Allan's first 12 months in the top job were dogged by a parliamentary inquiry and journalists probing the decision to cancel the Games. She confirmed lawyers were hired to provide advice on Victoria withdrawing on June 14 2023, a full month before the Games decision was announced. The premier denied misleading Victorian parliament on June 13, when as the then responsible minister she told a budget estimates hearing the state was making "tremendous progress" on delivering the Games and gave no indication of budgetary concerns. The auditor-general later estimated that abandoning the event cost the state more than $589 million, including a $380 million settlement. Ms Allan has since backflipped on several controversial policies backed by her old boss, including plans to set up a supervised injecting room in Melbourne's CBD and raising the age of criminal responsibility to 14. The long-serving Bendigo East MP has instead staked her premiership on housing, repeatedly describing herself as a builder not a blocker. For all the controversy surrounding construction of the Suburban Rail Loop, a proposed 90km rail line orbiting Melbourne, a planned statue of Mr Andrews might be the government's most contentious build. State premiers who spent more than 3000 days in the top job are immortalised in bronze statues outside government offices in central Melbourne, under a rule introduced by former Liberal premier Jeff Kennett. The process to install one for Mr Andrews is under way. Australian Associated Press DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Get the latest property and development news here. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. WEEKLY Follow the Newcastle Knights in the NRL? Don't miss your weekly Knights update. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily!THIS is the moment a drunk rioter is struck in the head and groin by flying bricks after necking 10 pints as he is jailed. Rioter Brian Spencer was struck down while taunting officers in the wake of violence sparked by the Southport stabbings in July this year. Footage of the 40-year-old thug gyrating at cops circulated on social media after disorder swept the nation. Video clips showed a large brick hitting a riot shield and bouncing into his face while another hit the back of his head. When he tried to walk away, a third brick landed on his groin. Further footage revealed her punched a police vehicle several times before picking up and throwing wheelie bins at officers. Read More He admitted violent disorder last month at Liverpool Crown Court after his vile actions at the Southport riots on July 30. The thug stood before a judge again today and the 40-year-old was thrown behind bars for two years and six months. He was also jailed for admitting to charged of racially and religiously aggravated harassment. This related to a separate incident the following day at Southport Hospital when the painter-decorator attacked a Polish-speaking patient. Most read in The Sun Detective Inspector Paula Jones said: “The actions of the people who took part in the disorder was extremely serious and many officers were injured during the despicable scenes as bricks, bins and other missiles were thrown at them. Spencer was involved in the violence and will now spend a significant amount of time in prison.” “We continue to review footage and information as it comes in, and we will not stop until we’ve put everyone we possibly can before the courts.” Merseyside Police have now arrested 163 rioters, with 117 charged and 88 sentenced to a total of 182 years and four months. Another yob who punched a cop during the violent riots was jailed for three years. Derek Drummond , 58, took part in violence that erupted in Southport on July 30. He pleaded guilty after admitting to calling officers “s**thouses” before sucker punching PC Tom Ball in the face, leaving him with bruises. Two other thugs jailed for their actions were names as Declan Geiran and Liam Riley. Geiran, 29, was found with three lighters when arrested and confessed to the attack on a police vehicle. The court heard the rioter had also sent threatening messages to a woman who slammed him online, for which he was caged for two months. Meanwhile Riley, 41, joined a 100-man march through Liverpool city centre. And, a teenager who smashed a police car during scenes of chaos in Bolton on Sunday was the first to be jailed. James Nelson, 18, appeared at Manchester Magistrates' Court charged with causing criminal damage. He pleaded guilty to the offence and became the first rioter to be jailed after he was sentenced to two months' imprisonment. Investigators are still trawling through footage and cops urged anyone with information to contact the force by calling 101 or anonymously via Crimestoppers on 0800 555 111. The violet riots were sparked after three young girls were killed at a children's Taylor Swift themed dance event in Southport on July 29. Alice Aguiar , 9, Bebe King , 6, and Elsie Stancombe , 7 were all fatally knifed. Axel Rudakubana, 18, from Banks, Lancashire, has been charged with three counts of murder and 10 counts of attempted murder. The attempted murder charges relate to eight children, who cannot be named for legal reasons, instructor Leanne Lucas and businessman John Hayes. He is also charged with producing the toxin ricin and possessing an Al-Qaeda terrorism manual. Cops previously said the tragedy was not declared a terrorist attack. READ MORE SUN STORIES The teen refused to speak as pleas of not guilty were entered on his behalf last week. The case is set to go to trial in January.
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Marvell Technology, Inc. Declares Quarterly Dividend PaymentUET entrance test on 21st, 22nd LAHORE:The last date for registration of UET test for admission in four years undergraduate programmes across Punjab, is December 9, 2024, announced university here on Friday. According to details, the prospective students will buy online tokens on payment of Rs2,500 for Non ECAT programmes, and Rs5,000 for joint registration in both ECAT and Non ECAT programmes. Students can get online tokens by visiting the admission portal (admission.uet.edu.pk), where all the information related to admissions is also available. The entrance test will be held on December 21 and 22, 2024. The interviews of successful candidates in ECAT will be held from December 30, 2024 to January 3, 2025. Interview slips of students registered in Non ECAT programmes will be released on December 23, 2024. While the first merit list will be uploaded on January 10, 2025 on the admission portal. The UET Lahore campus will have afternoon classes in four-year programmes, including Artificial Intelligence (AI), Cyber Security, Data Science, Computer Science, Robotics and Intelligence Systems, Applied Computing, Information Systems Technology and Gaming & Animation. Students must be successful in ECAT to get admission to these programmes. Similarly, four-year programmes of Software Engineering, Computer Engineering and Information Systems Technology at UET New Campus Kala Shah Kaku will have morning classes for successful students in ECAT. While morning classes will be provided for successful candidates in Computer Science and Computer Engineering programmes in UET Faisalabad, Rachna and Narowal campuses. Non ECAT programmes include Interior Design, BBIT, BBA and Biomedical Sciences.Agilent Technologies A is preparing to release its quarterly earnings on Monday, 2024-11-25. Here's a brief overview of what investors should keep in mind before the announcement. Analysts expect Agilent Technologies to report an earnings per share (EPS) of $1.40. Investors in Agilent Technologies are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter. It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance. Earnings Track Record Last quarter the company beat EPS by $0.06, which was followed by a 0.16% increase in the share price the next day. Here's a look at Agilent Technologies's past performance and the resulting price change: Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023 EPS Estimate 1.26 1.19 1.22 1.35 EPS Actual 1.32 1.22 1.29 1.38 Price Change % 0.0% -10.0% 3.0% 9.0% Market Performance of Agilent Technologies's Stock Shares of Agilent Technologies were trading at $132.06 as of November 21. Over the last 52-week period, shares are up 5.86%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. Analyst Observations about Agilent Technologies Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Agilent Technologies. Analysts have provided Agilent Technologies with 3 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $149.0, suggesting a potential 12.83% upside. Comparing Ratings Among Industry Peers In this analysis, we delve into the analyst ratings and average 1-year price targets of IQVIA Hldgs, Waters and Illumina, three key industry players, offering insights into their relative performance expectations and market positioning. The prevailing sentiment among analysts is an Outperform trajectory for IQVIA Hldgs, with an average 1-year price target of $261.21, implying a potential 97.8% upside. The prevailing sentiment among analysts is an Neutral trajectory for Waters, with an average 1-year price target of $370.0, implying a potential 180.18% upside. For Illumina, analysts project an Neutral trajectory, with an average 1-year price target of $173.56, indicating a potential 31.43% upside. Summary of Peers Analysis The peer analysis summary provides a snapshot of key metrics for IQVIA Hldgs, Waters and Illumina, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance. Company Consensus Revenue Growth Gross Profit Return on Equity Agilent Technologies Neutral -5.62% $855M 4.65% IQVIA Hldgs Outperform 4.28% $1.38B 4.17% Waters Neutral 4.02% $438.65M 10.71% Illumina Neutral -3.49% $745M 39.60% Key Takeaway: Agilent Technologies ranks in the middle among peers for Consensus rating. It is at the bottom for Revenue Growth. For Gross Profit, it is at the top. In terms of Return on Equity, Agilent Technologies is at the bottom compared to its peers. Delving into Agilent Technologies's Background Originally spun out of Hewlett-Packard in 1999, Agilent has evolved into a leading life science and diagnostic firm. Today, Agilent's measurement technologies serve a broad base of customers with its three operating segments: life science and applied tools, cross lab consisting of consumables and services related to life science and applied tools, and diagnostics and genomics. Over half of its sales are generated from the biopharmaceutical, chemical, and advanced materials end markets, which we view as the stickiest end markets, but it also supports clinical lab, environmental, forensics, food, academic, and government-related organizations. The company is geographically diverse, with operations in the US and China representing the largest country concentrations. Agilent Technologies: A Financial Overview Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence. Revenue Growth: Agilent Technologies's revenue growth over a period of 3 months has faced challenges. As of 31 July, 2024, the company experienced a revenue decline of approximately -5.62% . This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Health Care sector. Net Margin: Agilent Technologies's net margin excels beyond industry benchmarks, reaching 17.87% . This signifies efficient cost management and strong financial health. Return on Equity (ROE): Agilent Technologies's ROE stands out, surpassing industry averages. With an impressive ROE of 4.65% , the company demonstrates effective use of equity capital and strong financial performance. Return on Assets (ROA): Agilent Technologies's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.58%, the company showcases efficient use of assets and strong financial health. Debt Management: With a below-average debt-to-equity ratio of 0.5 , Agilent Technologies adopts a prudent financial strategy, indicating a balanced approach to debt management. To track all earnings releases for Agilent Technologies visit their earnings calendar on our site. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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RENO, Nev. — A probate commissioner ruled against Rupert Murdoch's effort to change his family's trust to give one of his sons control of his media empire and ensure Fox News maintains its conservative editorial slant, according to a sealed document obtained by The New York Times. In a decision filed Saturday, a probate commissioner in Nevada concluded Murdoch, 93, and his son, Lachlan Murdoch, had acted in "bad faith" in their endeavor to amend the irrevocable trust, The New York Times reported on Monday. The trust divides control of the company equally among four of Rupert Murdoch's children — Prudence, Elisabeth, Lachlan and James — after he dies. Lachlan Murdoch has been the head of Fox News and News Corp since late last year, when his father stepped down. The elder Murdoch argued that to preserve his businesses' commercial value for all his heirs, the trust must be changed to allow Lachlan Murdoch to maintain Fox News' conservative bent. James and Elisabeth Murdoch are both known to have less-conservative political views than their father or brother, potentially complicating efforts to ensure that Fox News remains conservative. People are also reading... Paige Hubl, former Nebraska volleyball player and Lincoln Southeast coach, dies at age 34 'It could be very special': Why signs point to strong match between Nebraska, Pinstripe Bowl Scott Frost signs five-year contract to become UCF's head coach for second time Lincoln Southwest vs. East boys basketball game briefly suspended due to 'unsafe environment' Man found dead in north Lincoln, police say 'Straight up theft': Lincoln craft fair organizer under fire after canceling event Andi's Ascent: She didn't want to play volleyball. Now Andi Jackson is the sport's next best thing Elite Eight's new format a 'no brainer,' and John Cook tries to pass Olivia Mauch's serve Wisconsin officer grabbing Donovan Raiola's arm a 'misunderstanding,' UW police say All-state volleyball: The Journal Star's postseason honors for 2024 season 140 layoffs hit Lincoln immigration services center; more likely Nebraska Portal Tracker: High-upside freshman defender intends to leave Huskers A smiling Scott Frost returns to UCF eager to prove himself after struggles at Nebraska Lincoln Public Schools chief Gausman announces plans to retire Amie Just: Scott Frost’s return to UCF offers glimpse into his complicated Nebraska legacy In his 96-page opinion, Nevada Probate Commissioner Edmund J. Gorman Jr. of the 2nd Judicial District Court characterized the plan to change the trust as a "carefully crafted charade" to "permanently cement Lachlan Murdoch's executive roles" inside the empire "regardless of the impacts such control would have over the companies or the beneficiaries" of the family trust. Adam Streisand, a lawyer for Rupert Murdoch, told the newspaper his client and his client's son are disappointed with the ruling and intend to appeal. A spokesperson for Prudence, Elisabeth and James Murdoch said in an emailed statement to The Associated Press that they welcome the ruling and hope that their family can "move beyond this litigation to focus on strengthening and rebuilding relationships among all family members." Gorman in his conclusion said: "The effort was an attempt to stack the deck in Lachlan Murdoch's favor after Rupert Murdoch's passing so that his succession would be immutable. The play might have worked; but an evidentiary hearing, like a showdown in a game of poker, is where gamesmanship collides with the facts and at its conclusion, all the bluffs are called and the cards lie face up." He added: "The court, after considering the facts of this case in the light of the law, sees the cards for what they are and concludes this raw deal will not, over the signature of this probate commissioner, prevail."
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HOUSTON, TEXAS, Nov. 22, 2024 (GLOBE NEWSWIRE) -- CO2 Energy Transition Corp. (Nasdaq: NOEM) (the "Company”) announced today that it closed its initial public offering of 6,000,000 units at $10.00 per unit, plus the full exercise of the underwriter's option to purchase an additional 900,000 units to cover over-allotments. Each unit consists of one share of common stock, one warrant to purchase one share of common stock at a per share exercise price of $11.50 and one right. Each right entitles the holder thereof to receive one-eighth (1/8) of one share of common stock upon the consummation of an initial business combination. The units are listed on The Nasdaq Global Market ("Nasdaq”) and began trading under the ticker symbol "NOEMU” on November 21, 2024. Once the securities comprising the units begin separate trading, the shares of common stock, warrants and rights are expected to be listed on Nasdaq under the symbols "NOEM,” "NOEMW” and "NOEMR,” respectively. Kingswood Capital Partners, LLC acted as sole underwriter in the offering. Loeb & Loeb LLP served as legal counsel to the Company. Olshan Frome Wolosky LLP served as legal counsel to Kingswood. A registration statement on Form S-1, as amended (File No. 333-269932), relating to these securities was filed with the Securities and Exchange Commission ("SEC”) and became effective on November 12, 2024. A final prospectus relating to the offering was filed with the SEC and is available on the SEC's website at http://www.sec.gov . The offering was made only by means of a prospectus forming part of the effective registration statement. Electronic copies of the prospectus relating to this offering may be obtained from Kingswood Capital Partners, LLC, 126 East 56th Street, Suite 22S, New York, NY 10022, Attn: Syndicate, or by email at [email protected] , or by accessing the SEC's website at http://www.sec.gov . This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About CO2 Energy Transition Corp. CO2 Energy Transition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company will not be limited to any particular industry or geographic region, although it initially intends to pursue targets in the carbon capture, utilization and storage industry. Forward-Looking Statements This press release contains statements that constitute "forward-looking statements,” including with respect to the Company's initial public offering ("IPO”) and search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of CO2 Energy Transition Corp., including those set forth in the Risk Factors section of CO2 Energy Transition Corp.'s registration statement and prospectus for the IPO filed with the SEC. Copies are available on the SEC's website, www.sec.gov . CO2 Energy Transition Corp. undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact Information: CO2 Energy Transition Corp. Brady Rodgers President and Chief Executive Officer [email protected] www.co2et.com Andrew J. Martin [email protected] (832) 724-3149The reconciliation committee constituted by Dr. Abdullahi Ganduje led National Executive Committee of the All Progressives Congress (APC), to reconcile aggrieved party members and stakeholders has stormed Adamawa state to begin effort to uniting the party ahead of 2027. Addressing party chieftains and other stakeholders at the party secretariat in Yola Monday, the chairman of the reconciliation committee who was also the former military governor of Plateau state, Senator Mohammed Mana, said the party national leadership and other stakeholders were seriously disturbed with internal wranglings and divisions rocking the party in the state. He said the situation prompted the decision to set up the committee to meet with all stakeholders and reconcile the party. He reiterated the commitment of the party to reunite the party in the state, stressing that their mission was to reconcile the party to enable it regain its lost glory. He assured that they would be fair, honest, just and urged all aggrieved members to feel free to express their grievances for necessary actions and total reconciliation. Mana further noted that APC was a grassroots party to beat in Adamawa which enabled them to produce the gubernatorial, National Assembly and other elective positions but due to internal divisions, the party lost the state in 2019 and 2023 elections. He, therefore, emphasised the need for all to sheathe their swords by putting the collective interest of the party in their hands and work together to retake over the state in 2027. According to him, the party and President Bola Ahmed Tinubu held the state in high esteem which was why the President appointed so many Adamawa sons and daughters into strategic positions in his government. Earlier, the Adamawa state APC Chairman, Barrister Idris Shuaibu, welcomed the reconciliation committee and lauded the effort of the party’s national leadership to reconcile the party in the state. He expressed optimism in the capacity of the committee to reconcile the party in the state going by the calibre of people in the committee and their track records. He, therefore, urged all aggrieved members to give maximum cooperation to the committee to enable them succeed in their assignments.SAO PAULO (AP) — Police have formally accused Brazil’s former President Jair Bolsonaro and 36 others of attempting a coup to keep the right-wing leader in office after his electoral defeat in 2022. Their allegations threaten to torpedo Bolsonaro's hopes of returning to politics. Brazil’s Supreme Court said Friday that police findings were delivered to Justice Alexandre de Moraes, who next week will relay them to Prosecutor-General Paulo Gonet. He will decide whether to formally charge Bolsonaro or toss the investigation. Bolsonaro told the news website Metropoles on Thursday that he is waiting for his lawyer to review the police report, which is reportedly about 700 pages long, but that he would fight the case. He dismissed the investigation as the result of “creativity.” The former president denies that he tried to stay in office after his narrow electoral defeat in 2022 to leftist President Luiz Inácio Lula da Silva. Bolsonaro has since faced a series of legal threats. That police are seeking formal charges indicates the investigation found evidence of “a crime and its author,” and it is likely there are legal grounds for the prosecutor-general to file charges, said Eloísa Machado de Almeida, a law professor at Getulio Vargas Foundation, a university in Sao Paulo. On Friday, the attorney for Bolsonaro’s former right hand, Lt. Col. Mauro Cid, said in a live television interview that his client had informed the Supreme Court that Bolsonaro was aware of the coup plot. “The then-president knew it all. Actually, he led this organization,” Cid’s attorney, Cezar Bitencourt, told network GloboNews. Just minutes later, Bitencourt partially retracted his statement. "I didn’t say Bolsonaro knew it all. ‘All’ is a lot. He was evidently aware of some things.” Police said the Supreme Court agreed to the release all 37 names in the police report “to avoid the dissemination of incorrect news.” Among them are dozens of former and current Bolsonaro aides, including: Gen. Walter Braga Netto, who was his running mate in the 2022 campaign; former Army commander Gen. Paulo Sérgio Nogueira de Oliveira; Valdemar Costa Neto, the chairman of Bolsonaro’s Liberal Party; and his veteran former adviser, Gen. Augusto Heleno. Braga Netto’s lawyers said they would wait to formally receive the police documents before making any comments. The retired general shared their statement on X late Thursday. Bolsonaro is already accused separately of smuggling diamond jewelry into Brazil and directing Lt. Col. Cid to falsify his and others’ COVID-19 vaccination statuses. Bolsonaro has denied those charges. Another probe found he abused his authority by casting doubt on Brazil's electoral system, and judges on the top electoral court barred him from running again until 2030. Still, he insists he will run in 2026, and many in his orbit were heartened by President-elect Donald Trump's recent election win despite his swirling legal troubles. Local media report that Gonet is already under pressure to move forward with multiple investigations against the former president, and politicians say if the 69-year-old Bolsonaro does stand trial his allies and rivals will race to seize his influence with voters. “Bolsonaro is no longer the sole leader of the right-wing. He is coming out of mayoral elections in which most of his candidates lost. All these probes don’t help him at all,” said Carlos Melo, a political science professor at Insper, a university in Sao Paulo. “The governor of Sao Paulo, Tarcísio de Freitas, the radical candidate for Sao Paulo mayorship Pablo Marçal, the governor of Goias state, Ronaldo Caiado ... There are politicians lining up to court Bolsonaro voters,” Melo said. Creomar de Souza, a political analyst of Dharma Political Risk and Strategy, said the formal accusation is “obviously bad” for Bolsonaro, but that it might not impede him if he does decide to run for office again. “This could give those targeted a chance to portray themselves as being persecuted,” de Souza said, adding that could benefit them. Bolsonaro's allies in Congress have been negotiating a bill to pardon individuals who stormed the Brazilian capital and rioted on Jan. 8, 2023, in an attempt to keep the former president in power. Analysts have speculated that lawmakers want to extend the legislation to cover the former president himself. However, efforts to push a broad amnesty bill would be “politically challenging” in light of the new allegations against Bolsonaro and others, Machado said. On Tuesday, Federal Police arrested four military and a Federal Police officer, accused of plotting to assassinate Lula and Supreme Court Justice Alexandre de Moraes in an effort to overthrow the government following the 2022 elections. Last week, a man tried to enter the Supreme Court in the capital Brasilia with explosives but was blocked by guards. He threw the explosives outside the building , killing himself.
