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Fluence Energy ( NASDAQ:FLNC – Free Report ) had its target price lowered by Royal Bank of Canada from $28.00 to $27.00 in a report released on Wednesday, Benzinga reports. The firm currently has an outperform rating on the stock. A number of other equities research analysts have also recently issued reports on FLNC. Susquehanna upped their price objective on shares of Fluence Energy from $23.00 to $28.00 and gave the stock a “positive” rating in a report on Wednesday, October 16th. Jefferies Financial Group assumed coverage on Fluence Energy in a report on Wednesday, September 4th. They set a “buy” rating and a $26.00 price objective on the stock. BNP Paribas upgraded Fluence Energy from an “underperform” rating to a “neutral” rating and set a $22.00 target price for the company in a report on Friday, November 8th. BMO Capital Markets increased their price target on Fluence Energy from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Monday, October 14th. Finally, Guggenheim upgraded shares of Fluence Energy from a “neutral” rating to a “buy” rating and set a $26.00 price objective for the company in a research note on Friday, August 9th. Five research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.85. Read Our Latest Stock Analysis on FLNC Fluence Energy Stock Up 2.4 % Institutional Trading of Fluence Energy A number of institutional investors and hedge funds have recently modified their holdings of the company. Hsbc Holdings PLC lifted its position in Fluence Energy by 3.8% in the second quarter. Hsbc Holdings PLC now owns 24,250 shares of the company’s stock worth $420,000 after purchasing an additional 897 shares during the period. US Bancorp DE boosted its position in shares of Fluence Energy by 676.6% during the 3rd quarter. US Bancorp DE now owns 1,693 shares of the company’s stock valued at $38,000 after acquiring an additional 1,475 shares in the last quarter. Blue Trust Inc. increased its stake in Fluence Energy by 45.3% in the third quarter. Blue Trust Inc. now owns 4,821 shares of the company’s stock valued at $109,000 after acquiring an additional 1,502 shares during the period. PARK CIRCLE Co acquired a new position in Fluence Energy in the second quarter worth about $28,000. Finally, CWM LLC lifted its stake in Fluence Energy by 164.4% during the third quarter. CWM LLC now owns 2,842 shares of the company’s stock worth $65,000 after purchasing an additional 1,767 shares during the period. 53.16% of the stock is currently owned by institutional investors. About Fluence Energy ( Get Free Report ) Fluence Energy, Inc, through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence. See Also Receive News & Ratings for Fluence Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fluence Energy and related companies with MarketBeat.com's FREE daily email newsletter .Has a waltz written by composer Frederic Chopin been discovered in an NYC museum?The first phase of Museum of Letters and Literature, established by the Department of Cooperation, will open to the public on November 26 in Kottayam — the City of Letters. Chief Minister Pinarayi Vijayan will inaugurate the museum at a ceremony presided over by Cooperation Minister V.N. Vasavan. On the occasion, the Chief Minister will also launch the Letter Tourism Circuit Project, which aims to connect significant cultural and literary landmarks in Kottayam. Author M. Mukundan will be honoured with the 5th Aksharapuraskaram, jointly instituted by the Department of Cooperation and the Sahithya Pravarthaka Cooperative Society (SPCS), on the occasion. An array of writers including T. Padmanabhan, M.K. Sanu, N.S. Madhavan, V. Madhusoodanan Nair, and Ezhacherry Ramachandran will participate. The museum, a first-of-its-kind in India, spans 15,000 square feet and is located in Nattakom, near Kottayam. Equipped with cutting-edge facilities including theater and hologram system, the museum aims to chronicle the rich history of language, literature, and culture. The first phase, consisting of four galleries, presents a journey from the origins of language to the modern evolution of Malayalam. The first gallery explores the beginnings of human language through oral traditions, cave paintings, and hieroglyphic. The second gallery traces the evolution of Indian scripts over centuries, while the third gallery highlights the history of Malayalam printing, including milestones in printing technology and key literary works. The fourth gallery delves into the contributions of the Sahitya Pravarthaka Cooperative Society. Visitors will also find rich multimedia content covering literacy initiatives in Kerala, Dravidian languages, and the 36 tribal languages of Kerala. On the first floor, a Language Gallery offers insights into over the 6,000 languages spoken worldwide and features charts showcasing the chronological evolution of Indian scripts. Letter Tourism Circuit As part of the initiative, a Letter Tourism Circuit will connect Kottayam’s most iconic cultural, historical, and literary landmarks, including the Kottayam CMS Press -- the birthplace of Malayalam printing; Kottayam Valiyapally, which is known for its holy cross engraved with Pahlavi inscriptions; and the Kumaranellur Devi Temple, which houses palm leaf manuscripts and ancient scriptures, among others. Other key locations include the Thirunakkara Mahadeva temple, Panachikkad Devi temple, Tazhathangadi Juma Masjid, and Mannanam St. Joseph Press, one of Kerala’s earliest printing presses. The museum has been constructed on land owned by the Sahitya Pravarthaka Cooperative Society, established in 1945. Published - November 24, 2024 06:58 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit
From wealth and success to murder suspect, the life of Luigi Mangione took a hard turnWhile the rest of the Notre Dame community figures out whether it's worth paying four figures for a ticket to the College Football Playoff first-round home game against Indiana, the men's basketball team continues to figure out how to survive without Markus Burton. Notre Dame (5-5) hosts its next-to-last nonconference game Wednesday night against Dartmouth (4-4), which plays its sixth contest of a seven-game road trip. The Fighting Irish took a promising step -- and snapped a five-game losing streak -- on Saturday by edging Syracuse 69-64 in their ACC opener. "We needed to be in a close game and we needed to win a close game so our guys can build some belief back," head coach Micah Shrewsberry said. "We can't take any steps back on Wednesday." Without Burton -- the stat sheet-stuffing sophomore point guard who injured the medial collateral ligament in his knee Nov. 26 against Rutgers -- the Irish are struggling to find someone to run the offense, as evidenced by their seven assists versus 15 turnovers against Syracuse. At the same time, players are filling the scoring void. Braeden Shrewsberry poured in a career-high-tying 25 points versus the Orange while hitting 6 of 11 3-point attempts. Tae Davis averaged 12.4 points and 7.2 shots per game when Burton was healthy, but he has upped his mean production to 16.6 points and 12.2 shots in the past five games. Micah Shrewsberry, though, prefers to measure progress on a possession-by-possession basis. "Just the toughness," he said. "There have been times when we haven't gotten the key stop. We haven't gotten the bucket when we quite need it. It gets deflating sometimes." Dartmouth knows that feeling. On Sunday, the Big Green took a one-point lead with 4:03 left in overtime at UIC -- and then failed to score on their final six possessions to suffer a 69-68 loss. The Big Green, who haven't posted a winning season since 1998-99, believe whole-heartedly in launching 3-pointers as they take 48 percent of their shots from behind the arc. Senior Cade Haskins (13.6 ppg) has hit a team-high 28 of 68 3-pointers this season, though fellow senior Ryan Cornish stacks up as the team's top scorer (14.3 ppg), passer (3.0 assists per game) and defender (2.3 steals per game). In its only previous game against a power-conference opponent, Dartmouth upset Boston College 88-83 on Nov. 29. --Field Level MediaTHOUSAND OAKS, Calif. , Dec. 10, 2024 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that its Board of Directors declared a $2.38 per share dividend for the first quarter of 2025. The dividend will be paid on March 7, 2025 , to all stockholders of record as of the close of business on February 14, 2025 . About Amgen Amgen discovers, develops, manufactures and delivers innovative medicines to help millions of patients in their fight against some of the world's toughest diseases. More than 40 years ago, Amgen helped to establish the biotechnology industry and remains on the cutting-edge of innovation, using technology and human genetic data to push beyond what's known today. Amgen is advancing a broad and deep pipeline that builds on its existing portfolio of medicines to treat cancer, heart disease, osteoporosis, inflammatory diseases and rare diseases. In 2024, Amgen was named one of the "World's Most Innovative Companies" by Fast Company and one of "America's Best Large Employers" by Forbes, among other external recognitions . Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average ® , and it is also part of the Nasdaq-100 Index ® , which includes the largest and most innovative non-financial companies listed on the Nasdaq Stock Market based on market capitalization. For more information, visit Amgen.com and follow Amgen on X , LinkedIn , Instagram , TikTok , YouTube and Threads . Forward-Looking Statements This news release contains forward-looking statements that are based on the current expectations and beliefs of Amgen. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including any statements on the outcome, benefits and synergies of collaborations, or potential collaborations, with any other company (including BeiGene, Ltd. or Kyowa Kirin Co., Ltd.), the performance of Otezla® (apremilast) (including anticipated Otezla sales growth and the timing of non-GAAP EPS accretion), our acquisitions of Teneobio, Inc., ChemoCentryx, Inc., or Horizon Therapeutics plc (including the prospective performance and outlook of Horizon's business, performance and opportunities, any potential strategic benefits, synergies or opportunities expected as a result of such acquisition, and any projected impacts from the Horizon acquisition on our acquisition-related expenses going forward), as well as estimates of revenues, operating margins, capital expenditures, cash, other financial metrics, expected legal, arbitration, political, regulatory or clinical results or practices, customer and prescriber patterns or practices, reimbursement activities and outcomes, effects of pandemics or other widespread health problems on our business, outcomes, progress, and other such estimates and results. Forward-looking statements involve significant risks and uncertainties, including those discussed below and more fully described in the Securities and Exchange Commission reports filed by Amgen, including our most recent annual report on Form 10-K and any subsequent periodic reports on Form 10-Q and current reports on Form 8-K. Unless otherwise noted, Amgen is providing this information as of the date of this news release and does not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise. No forward-looking statement can be guaranteed and actual results may differ materially from those we project. Our results may be affected by our ability to successfully market both new and existing products domestically and internationally, clinical and regulatory developments involving current and future products, sales growth of recently launched products, competition from other products including biosimilars, difficulties or delays in manufacturing our products and global economic conditions. In addition, sales of our products are affected by pricing pressure, political and public scrutiny and reimbursement policies imposed by third-party payers, including governments, private insurance plans and managed care providers and may be affected by regulatory, clinical and guideline developments and domestic and international trends toward managed care and healthcare cost containment. Furthermore, our research, testing, pricing, marketing and other operations are subject to extensive regulation by domestic and foreign government regulatory authorities. We or others could identify safety, side effects or manufacturing problems with our products, including our devices, after they are on the market. Our business may be impacted by government investigations, litigation and product liability claims. In addition, our business may be impacted by the adoption of new tax legislation or exposure to additional tax liabilities. If we fail to meet the compliance obligations in the corporate integrity agreement between us and the U.S. government, we could become subject to significant sanctions. Further, while we routinely obtain patents for our products and technology, the protection offered by our patents and patent applications may be challenged, invalidated or circumvented by our competitors, or we may fail to prevail in present and future intellectual property litigation. We perform a substantial amount of our commercial manufacturing activities at a few key facilities, including in Puerto Rico , and also depend on third parties for a portion of our manufacturing activities, and limits on supply may constrain sales of certain of our current products and product candidate development. An outbreak of disease or similar public health threat, such as COVID-19, and the public and governmental effort to mitigate against the spread of such disease, could have a significant adverse effect on the supply of materials for our manufacturing activities, the distribution of our products, the commercialization of our product candidates, and our clinical trial operations, and any such events may have a material adverse effect on our product development, product sales, business and results of operations. We rely on collaborations with third parties for the development of some of our product candidates and for the commercialization and sales of some of our commercial products. In addition, we compete with other companies with respect to many of our marketed products as well as for the discovery and development of new products. Discovery or identification of new product candidates or development of new indications for existing products cannot be guaranteed and movement from concept to product is uncertain; consequently, there can be no guarantee that any particular product candidate or development of a new indication for an existing product will be successful and become a commercial product. Further, some raw materials, medical devices and component parts for our products are supplied by sole third-party suppliers. Certain of our distributors, customers and payers have substantial purchasing leverage in their dealings with us. The discovery of significant problems with a product similar to one of our products that implicate an entire class of products could have a material adverse effect on sales of the affected products and on our business and results of operations. Our efforts to collaborate with or acquire other companies, products or technology, and to integrate the operations of companies or to support the products or technology we have acquired, may not be successful. There can be no guarantee that we will be able to realize any of the strategic benefits, synergies or opportunities arising from the Horizon acquisition, and such benefits, synergies or opportunities may take longer to realize than expected. We may not be able to successfully integrate Horizon, and such integration may take longer, be more difficult or cost more than expected. A breakdown, cyberattack or information security breach of our information technology systems could compromise the confidentiality, integrity and availability of our systems and our data. Our stock price is volatile and may be affected by a number of events. Our business and operations may be negatively affected by the failure, or perceived failure, of achieving our environmental, social and governance objectives. The effects of global climate change and related natural disasters could negatively affect our business and operations. Global economic conditions may magnify certain risks that affect our business. Our business performance could affect or limit the ability of our Board of Directors to declare a dividend or our ability to pay a dividend or repurchase our common stock. We may not be able to access the capital and credit markets on terms that are favorable to us, or at all. CONTACT: Amgen, Thousand Oaks Elissa Snook , 609-251-1407 (media) Justin Claeys , 805-313-9775 (investors) View original content to download multimedia: https://www.prnewswire.com/news-releases/amgen-announces-2025-first-quarter-dividend-302328180.html SOURCE Amgen
Boeing has resumed production on the 737 MAX after a nearly three-month stoppage due to a lengthy labor strike in the Seattle region. The company's Renton factory resumed production on the 737 MAX on Friday, Boeing said. Its Everett facility, where the 767, 777 and 777X are produced, will resume operations in the coming days. The two plants were shuttered for more than seven weeks after some 33,000 workers with the International Association of Machinists and Aerospace Workers (IAM) District 751 voted down an initial contract offer in September. On November 4, workers ratified a revised proposal, setting the stage for a resumption of work. Boeing said it has been working "methodically" to ensure a safe restoration of activity. US air safety regulators have stepped up oversight of the company following several incidents, including a mid-flight Alaska Airlines panel blowout that required an emergency landing in January. "Over the last several weeks, we dedicated time toward training and certifications, ensuring parts and tools are ready and completing work on airplanes in inventory to prepare to resume production at pre-stoppage rates," Boeing said. The statement came as Boeing disclosed that it made 13 new plane deliveries in November, including nine MAX jets produced before the strike. But Boeing's deliveries have lagged its historic trend, pinching revenues. Boeing has delivered just 318 jets in all through the first 11 months of the year. In 2023, it delivered 528 planes. In 2018, Boeing delivered 806 planes. Boeing's travails have dented its financial outlook, resulting in the company raising more than $20 billion in new stock offerings this fall and trimming its workforce by 10 percent. In recent weeks Boeing notified 4,700 US workers that they will be laid off, including nearly 2,600 in the Seattle region, according to figures compiled by AFP.(The Center Square) – Paula Scanlan is hopeful the narrative around gender ideology is shifting, especially as Republicans prepare for majorities in both chambers of the 119th Congress and a seat in the White House. “I am hopeful that with the majorities now that we will be able to get across the finish line,” Scanlan told The Center Square on Thursday, speaking of more legislation on the way to protect women's spaces. “Obviously, this goes beyond sports ... So ideally, I think that the biggest thing would be to federally pass something that says this is what a woman is.” Scanlan a day earlier was part of a panel where U.S. Sen. Roger Marshall, R-Kan., announced that Republicans plan to soon introduce legislation to “protect children from transgender medical procedures.” A report from the advocacy group Do No Harm released four weeks before Election Day included documented evidence of such activity being performed on a 7-year-old . “We’ll be introducing the STOP Act soon,” said Marshall . “We are going to use the Commerce Act to punish people who perform any type of surgery, or who use any type of medications on minors.” STOP is an acronym for Safeguarding the Overall Protection of Minors. The panel said that the legislation is an important and necessary step to protect children. Scanlan and Marshall, a host with the American Principles Project, were on the panel alongside U.S. Sen. Tommy Tuberville, R-Ala.; U.S. Rep. Mary Miller, R-Ill.; Terry Schilling, president of the American Principles Project; and Sarah Parshall Perry, senior legal fellow at the Heritage Foundation. “We all know by now that so-called gender affirming care is anything but caring,” Tuberville said. “It is pure insanity and has caused irreversible damage to countless children. This isn’t about politics, this is about good and evil.” Scanlan is an ambassador for Independent Women's Voice and a former collegiate swimmer at the University of Pennsylvania. Swimming for the Quakers, she and teammates endured being not only on the same team but in the same locker room as a swimmer who for the first three years swam on the men's team. “I was a swimmer at the University of Pennsylvania and the administration, the university and the NCAA said , ‘Here's a man who wants to swim on your team, please accept him,’” she explained during the panel. “This entire situation really made all female athletes feel isolated and alone, and like they know where to go.” Scanlan said that it wasn’t just competing that isolated the female athletes. “Eighteen times per week, my teammates and I were forced to undress next to a 6-foot-4, fully-intact male,” Scanlan said. “As a female athlete, this was just something I couldn't even imagine. It was something I never imagined would happen to me when I went off to college.” The STOP Act is one of a few beginnings. U.S. Rep. Nancy Mace, R-S.C., has proposed legislation seeking to protect women’s spaces on all federal property nationwide. This would include bathrooms, locker rooms and prisons. Scanlan said this shows that public opinion is on the side of her and the panel. “This is really the first time we're seeing more of these people in power stepping up and actually doing the right thing and saying enough is enough” she said. “Now, we are looking at entire teams that are feeling empowered to be able to boycott ... or object to competing against males. It's widespread.” A notable case of that is San Jose State, where Blaire Fleming's participation has led to seven opponents forfeiting rather than playing a women's team that includes a man saying he is a woman. Tuberville and Marshall emphasized they believe the majority of Americans would agree with the proposed legislation. "The American people are sick of this nonsense," Tuberville said . "It’s time we restore some sanity and get common sense back in this country." Scanlan said that while she supports the national legislation Republicans are considering, it is important for states to also continue to pass legislation. “I always remind people who are really excited about having a presidency that we don't know what might happen in four years," she said. "So, of course, it's also important to codify this in states. We are going to continue our efforts. There's still a lot of work to be done, and I don't really see it as a win until we've finished this on the state level.”
Mutual of America Capital Management LLC Decreases Holdings in Perdoceo Education Co. (NASDAQ:PRDO)
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