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Multibagger stock to buy now: Ventura Securities sees 110% upside in Adani Energy Solutions share priceNEW YORK--(BUSINESS WIRE)--Nov 22, 2024-- Today, the BlackRock closed-end funds listed below (each a “Fund,” and collectively the “Funds”) have announced changes to their monthly distribution amounts per share under their managed distribution plans (each, a “Plan”), as applicable, and declared their December distributions early. Each Fund has adopted a Plan to support a level monthly distribution of income, capital gains and/or return of capital. The Funds’ monthly distribution rates for December can be found below: Key Dates: Declaration- 11/22/2024 Ex- 12/16/2024 Record- 12/16/2024 Payable- 12/23/2024 Fund * Ticker Distribution Change From Prior Distribution ($) Change From Prior Distribution (%) BlackRock Enhanced Capital and Income Fund, Inc. CII $0.141000 $0.041500 42% BlackRock Enhanced Equity Dividend Trust BDJ $0.061900 $0.005700 10% BlackRock Enhanced Global Dividend Trust BOE $0.082700 $0.019700 31% BlackRock Enhanced International Dividend Trust BGY $0.042600 $0.008800 26% BlackRock Health Sciences Trust BME $0.262100 $0.049100 23% BlackRock Energy and Resources Trust BGR $0.097300 $0.021900 29% BlackRock Resources & Commodities Strategy Trust BCX $0.069700 $0.017900 35% BlackRock Utilities, Infrastructure & Power Opportunities Trust BUI $0.136000 $0.015000 12% BlackRock Science and Technology Trust BST $0.250000 - - * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”), each of the Funds above posted to the DTC bulletin board and sent to its shareholders of record as of the applicable record date a Section 19 notice with the previous distribution payment. The Section 19 notice was provided for informational purposes only and not for tax reporting purposes. This information can be found in the “Closed-End Funds” section of www.blackrock.com . As applicable, the final determination of the source and tax characteristics of all distributions in 2024 will be made after the end of the year. The fixed amounts distributed per share are subject to change at the discretion of each Fund’s Board of Directors/Trustees. Under its Plan, each Fund will distribute all available investment income to its shareholders, consistent with its investment objectives and as required by the Internal Revenue Code of 1986, as amended (the “Code”). If sufficient income (inclusive of net investment income and short-term capital gains) is not available on a monthly basis, a Fund will distribute long-term capital gains and/or return capital to its shareholders in order to maintain a level distribution. The Funds’ estimated sources of the distributions paid as of October 31, 2024 and for their current fiscal year are as follows: Estimated Allocations as of October 31, 2024 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital CII $0.099500 $0 (0%) $0 (0%) $0.099500 (100%) $0 (0%) BDJ $0.056200 $0.017422 (31%) $0 (0%) $0.038778 (69%) $0 (0%) BOE 1 $0.063000 $0.014884 (24%) $0 (0%) $0 (0%) $0.048116 (76%) BGY 1 $0.033800 $0.003015 (9%) $0 (0%) $0.030785 (91%) $0 (0%) BME 1 $0.213000 $0 (0%) $0 (0%) $0.213000 (100%) $0 (0%) BGR 1 $0.075400 $0.015903 (21%) $0 (0%) $0 (0%) $0.059497 (79%) BCX 1 $0.051800 $0.011095 (21%) $0 (0%) $0 (0%) $0.040705 (79%) BUI 1 $0.121000 $0.001188 (1%) $0 (0%) $0.060793 (50%) $0.059019 (49%) BST $0.250000 $0 (0%) $0 (0%) $0.250000 (100%) $0 (0%) Estimated Allocations for the Fiscal Year through October 31, 2024 Fund Distribution Net Income Net Realized Short-Term Gains Net Realized Long-Term Gains Return of Capital CII $0.995000 $0.059966 (6%) $0 (0%) $0.935034 (94%) $0 (0%) BDJ $0.562000 $0.329298 (59%) $0 (0%) $0.232702 (41%) $0 (0%) BOE 1 $0.630000 $0.170921 (27%) $0 (0%) $0 (0%) $0.459079 (73%) BGY 1 $0.338000 $0.085258 (25%) $0.023488 (7%) $0.207532 (62%) $0.021722 (6%) BME 1 $2.130000 $0.077558 (4%) $0 (0%) $0.890031 (42%) $1.162411 (54%) BGR 1 $0.666700 $0.263985 (40%) $0 (0%) $0 (0%) $0.402715 (60%) BCX 1 $0.518000 $0.199609 (39%) $0 (0%) $0 (0%) $0.318391 (61%) BUI 1 $1.210000 $0.253187 (21%) $0 (0%) $0.627127 (52%) $0.329686 (27%) BST $2.500000 $0 (0%) $0 (0%) $2.500000 (100%) $0 (0%) 1 The Fund estimates that it has distributed more than its income and net-realized capital gains in the current fiscal year; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. The amounts and sources of distributions reported are only estimates and are being provided to you pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. Fund Performance and Distribution Rate Information: Fund Average annual total return (in relation to NAV) for the 5-year period ending on 9/30/2024 Annualized current distribution rate expressed as a percentage of NAV as of 9/30/2024 Cumulative total return (in relation to NAV) for the fiscal year through 9/30/2024 Cumulative fiscal year distributions as a percentage of NAV as of 9/30/2024 CII 12.91% 5.54% 13.90% 4.16% BDJ 9.41% 7.14% 13.76% 5.36% BOE 9.36% 5.93% 13.91% 4.45% BGY 9.07% 6.21% 11.08% 4.66% BME 10.37% 5.65% 12.22% 4.24% BGR 10.01% 6.34% 5.69% 4.14% BCX 11.53% 5.81% 6.53% 4.36% BUI 9.80% 5.94% 13.80% 4.46% BST 13.30% 7.94% 15.86% 5.96% Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan. The amount distributed per share under a Plan is subject to change at the discretion each Fund’s Board. Each Plan will be subject to ongoing review by the Board to determine whether the Plan should be continued, modified or terminated. The Board may amend the terms of a Plan or suspend or terminate a Plan at any time without prior notice to the Fund’s shareholders if it deems such actions to be in the best interest of the Fund or its shareholders. The amendment or termination of a Plan could have an adverse effect on the market price of the Fund's shares. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate Availability of Fund Updates BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release. Forward-Looking Statements This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions. BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities, health epidemics and/or pandemics and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions. Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com , and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release. View source version on businesswire.com : https://www.businesswire.com/news/home/20241122587141/en/ 1-800-882-0052 KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: BlackRock Closed-End Funds Copyright Business Wire 2024. PUB: 11/22/2024 05:23 PM/DISC: 11/22/2024 05:23 PM http://www.businesswire.com/news/home/20241122587141/en
Growing Automotive Industry: Key Driver Transforming the Multi Purpose Lubricants Market in 2024
Ionis Pharmaceuticals, Inc. ( NASDAQ:IONS – Get Free Report ) Director Michael R. Hayden purchased 5,000 shares of the business’s stock in a transaction on Monday, December 23rd. The stock was acquired at an average price of $36.22 per share, with a total value of $181,100.00. Following the purchase, the director now directly owns 35,219 shares in the company, valued at $1,275,632.18. This represents a 16.55 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Ionis Pharmaceuticals Price Performance Shares of Ionis Pharmaceuticals stock opened at $35.91 on Friday. The stock has a 50 day moving average price of $37.21 and a 200-day moving average price of $42.16. Ionis Pharmaceuticals, Inc. has a one year low of $33.33 and a one year high of $54.44. The stock has a market cap of $5.67 billion, a price-to-earnings ratio of -14.72 and a beta of 0.35. The company has a debt-to-equity ratio of 1.86, a quick ratio of 8.82 and a current ratio of 8.91. Wall Street Analyst Weigh In A number of research firms have recently weighed in on IONS. William Blair reaffirmed an “outperform” rating on shares of Ionis Pharmaceuticals in a research note on Friday, December 20th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $70.00 price objective on shares of Ionis Pharmaceuticals in a report on Thursday, September 26th. Needham & Company LLC reissued a “buy” rating and issued a $60.00 target price on shares of Ionis Pharmaceuticals in a report on Friday, December 20th. Guggenheim dropped their target price on shares of Ionis Pharmaceuticals from $70.00 to $65.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. Finally, StockNews.com downgraded shares of Ionis Pharmaceuticals from a “hold” rating to a “sell” rating in a report on Tuesday, November 12th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $60.65. Institutional Inflows and Outflows Hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC boosted its stake in shares of Ionis Pharmaceuticals by 7.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,668,358 shares of the company’s stock worth $106,922,000 after purchasing an additional 183,814 shares during the period. Great Point Partners LLC purchased a new position in shares of Ionis Pharmaceuticals during the second quarter valued at approximately $15,728,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Ionis Pharmaceuticals by 8.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,443,020 shares of the company’s stock worth $57,807,000 after buying an additional 114,914 shares during the period. DRW Securities LLC bought a new stake in shares of Ionis Pharmaceuticals during the 2nd quarter worth approximately $2,429,000. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in Ionis Pharmaceuticals by 13.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 650,779 shares of the company’s stock valued at $26,070,000 after acquiring an additional 77,909 shares during the period. Institutional investors own 93.86% of the company’s stock. Ionis Pharmaceuticals Company Profile ( Get Free Report ) Ionis Pharmaceuticals, Inc discovers and develops RNA-targeted therapeutics in the United States. The company offers SPINRAZA for spinal muscular atrophy (SMA) in pediatric and adult patients; TEGSEDI, an antisense injection for the treatment of polyneuropathy caused by hereditary transthyretin amyloidosis in adults; and WAYLIVRA, an antisense medicine for treatment for familial chylomicronemia syndrome (FCS) and familial partial lipodystrophy. Read More Receive News & Ratings for Ionis Pharmaceuticals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ionis Pharmaceuticals and related companies with MarketBeat.com's FREE daily email newsletter .
Democrat Derek Tran unseats Rep. Michelle Steel in California's 45th Congressional District
NEW HOPE, Pa. (AP) — Dayle Haddon, an actor, activist and trailblazing former “Sports Illustrated” model who pushed back against age discrimination by reentering the industry as a widow, has died in a Pennsylvania home from what authorities believe was carbon monoxide poisoning. Authorities in Bucks County found Haddon, 76, dead in a second-floor bedroom Friday morning after emergency dispatchers were notified about a person unconscious at the Solebury Township home. A 76-year-old man police later identified as Walter J. Blucas of Erie was hospitalized in critical condition. Responders detected a high level of carbon monoxide in the property and township police said Saturday that investigators determined that “a faulty flue and exhaust pipe on a gas heating system caused the carbon monoxide leak.” Two medics were taken to a hospital for carbon monoxide exposure and a police officer was treated at the scene. As a model, Haddon appeared on the covers of Vogue, Cosmopolitan, Elle and Esquire in the 1970s and 1980s, as well as the 1973 Sports Illustrated swimsuit issue. She also appeared in about two dozen films from the 1970s to 1990s, according to IMDb.com , including 1994’s “Bullets Over Broadway,” starring John Cusack. Haddon left modeling after giving birth to her daughter, Ryan, in the mid-1970s, but then had to reenter the workforce after her husband's 1991 death. This time she found the modeling industry far less friendly: “They said to me, ‘At 38, you’re not viable,’” Haddon told The New York Times in 2003. Working a menial job at an advertising agency, Haddon began reaching out to cosmetic companies, telling them there was a growing market to sell beauty products to aging baby boomers. She eventually landed a contract with Clairol, followed by Estée Lauder and then L’Oreal, for which she promoted the company's anti-aging products for more than a decade. She also hosted beauty segments for CBS’s “The Early Show.” "I kept modeling, but in a different way," she told The Times, “I became a spokesperson for my age.” In 2008, Haddon founded WomenOne, an organization aimed at advancing educational opportunities for girls and women in marginalized communities, including Rwanda, Haiti and Jordan.' Haddon was born in Toronto and began modeling as a teenager to pay for ballet classes — she began her career with the Canadian ballet company Les Grands Ballet Canadiens, according to her website . Haddon's daughter, Ryan, said in a social media post that her mother was “everyone’s greatest champion. An inspiration to many.” “A pure heart. A rich inner life. Touching so many lives. A life well lived. Rest in Light, Mom,” she said. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!
Volaris passenger arrested after attempting to hijack plane and divert it to US
Australia will be able to withdraw $600m in funding for a PNG rugby league team at anytime and without cause under a 10-year deal struck to financially back the expansion side that will enter the NRL in 2028. The Australian government will not release terms of the deal between the two countries, which sits alongside the bilateral security agreement that comes into force on Thursday, but officials have described the arrangement as based on shared strategic trust. The deal, which starts in the current year and expires in 2034-35, includes the construction of a compound to accommodate players and tax breaks to assist in recruitment. Prime minister and rugby league fan Anthony Albanese said the deal – which has been years in the making – was about more than sport, and would bring benefits to the PNG economy and those living in the region. “Rugby league is PNG’s national sport, and PNG deserves a national team,” he said. ARLC chair Peter V’landys said the deal was a “historic step” for the sport, Australia, PNG and more broadly the entire Pacific region. “Rugby league isn’t just sport, it’s a social force for good – a way to improve lives and build stronger communities,” V’landys said. “The new PNG team provides the NRL with a new 10 million-plus audience many who will go from being casual fans into engaged fans. Just as importantly the pathways investments will provide many new and exciting players to the game. The spending is split roughly in half between the NRL club and other rugby league-related development activities in the Pacific. $290m will go towards the NRL franchise and $250m is for rugby league programs in the region. $60m will be paid directly to the NRL as a licence fee, which is expected to be shared between existing clubs. $120m of the money committed will come from existing government programmes, leaving an average annual cost to the budget of $48m. The arrangement also involves more than $100m investment from Papua New Guinea which will build new facilities and accommodation for players and staff as well as fund the tax breaks. Australia has provided more than $1.4bn to the PNG Treasury in the past three years according to the Lowy Institute. The PNG government hopes Australian tourists will also travel to Port Moresby to watch matches involved the new team. About 10,000 Australians currently live in PNG, and approximately the same number of PNG nationals currently reside in Australia. The PNG Hunters have played in the senior Queensland Cup competition – one tier below the NRL – since 2014 and were premiers in 2017. At $60m a year, the investment is dwarfed by Australia’s overall spending in the Pacific, which the government claims reached $2bn for the first time in 2024-25. The deal has been secured by the signing of detailed term sheets involving the two governments and the NRL, but Australian officials expect the long-form agreements to be signed within weeks.
Trailblazing model Dayle Haddon dies from suspected carbon monoxide poisoningUConn, football coach Jim Mora agree to contract extension through 2028
Irene Fulton has worked as a counselor at Fort Worth ISD’s West Handley Elementary School for 29 years. Soon, she’ll retire, she told the Report. Not long after that, the school in which she spent nearly half of her career will be gone, too. During Fort Worth ISD’s Dec. 10 meeting, trustees voted to close West Handley Elementary School as part of the district’s effort to address declining enrollment and modernize facilities. Instead of formally announcing a closure, trustees voted to redraw attendance boundaries to gradually phase out West Handley’s use as an elementary school. The 70-year-old campus’s fate is tied to the replacement of Eastern Hills Elementary School , which will soon be completely rebuilt at its current site at 5917 Shelton St. During the meeting, trustees voted 8-0 to enter into a new contract with BRW Architects to design the $47.8 million campus. That new campus, funded by the district’s $1.2 billion 2021 bond program, will feature a modern design with space for up to 750 students. As of the 2022-23 school year, 472 students attended the current Eastern Hills Elementary campus while 392 students attended West Handley. Once the replacement campus is completed in 2028, students from both Eastern Hills and West Handley will consolidate into the new building, closing West Handley as an elementary school. During construction, Eastern Hills students will temporarily relocate to West Handley. The two campuses are located less than a mile from each other. Get essential daily news for the Fort Worth area. Sign up for insightful, in-depth stories — completely free. To alleviate overcrowding at West Handley and the eventual Eastern Hills campus, trustees also approved boundary adjustments to rezone some West Handley students into Sagamore Hill Elementary, effective next school year. Now, all residents living south of Lancaster Avenue and west of Tierney Road will send their children to Sagamore Hill starting next school year. Incoming fifth grade students will be allowed to stay at West Handley, though transportation will not be provided. “We look to stabilize enrollment across our campuses and better utilize our facilities,” said Kellie Spencer, deputy superintendent of operations. The boundary redraw affecting West Handley wasn’t the only one approved at the meeting. Trustees also voted to rezone students between Carter Park Elementary and Clifford Davis Elementary schools in the O.D. Wyatt High School pyramid. Clifford Davis, which the district says is over capacity, will transfer 105 students to Carter Park, which has space to accommodate students. The adjustment moves the dividing line between the schools from Sycamore Creek to the Fort Worth & Western Railroad tracks, beginning in the 2025-26 school year. “The resulting shift will balance utilization rates and improve operational efficiency for both schools,” meeting documents said. Aging infrastructure, underutilized campuses and an uneven distribution of students have prompted the district to rethink how its schools are used across the district, officials said, especially in regard to projects listed in the 2021 bond like Eastern Hills Elementary. “To improve utilization rates in the Eastern Hills pyramid, it is necessary to reduce the number of schools in the area inside Loop 820 from four schools to three,” meeting documents said. In the case of Eastern Hills, the current building’s design and aging infrastructure made it a clear candidate for replacement, said Mike Naughton, executive director of facility planning. The new campus will address accessibility challenges and modernize learning environments, he said. “There has not been new construction in the Eastern Hills pyramid inside Loop 820 in almost 70 years,” Naughton said. “The size of this property between the high school and the elementary school together really provides us a lot of opportunities and options that we don’t have elsewhere.” During construction, the 48-acre site will undergo significant changes, officials said, including plans to improve traffic flow during pickup and drop-off. At a Dec. 9 community meeting at Eastern Hills High School, BRW Architects emphasized that community input will continue to shape its final design. West Handley is slated for closure due to the campus’s lack of educational adequacy compared to other nearby campuses, which examines whether school facilities meet the district’s educational standards. Prior to the building becoming an elementary school, West Handley was utilized as a district service center, Spencer said. The building’s future use remains uncertain. Spencer assured the community during a Dec. 5 meeting at the campus that the building will not remain vacant, but its exact purpose will be determined after the transition. Ideas floated during the meeting included converting it back into a district operations center or a community resource hub. To Fulton, West Handley’s longtime counselor, the upcoming changes are bittersweet. She understands the need to consolidate campuses but hopes it’s done efficiently. Fulton wonders how many students will attend West Handley during the transition period, as the campus has a capacity of 671 students. As of 2022-23, a total of 864 students attended both Eastern Hills and West Handley. School officials told her that she and her colleagues will know more in January, she said. For now, officials estimate that approximately 120 students will shift from West Handley to Sagamore Hill for the 2025-26 school year to balance enrollment, according to meeting documents. “In this business, the one thing that’s constant is change,” Fulton said. “I have a wait-and-see attitude right now. Just wait and see.” Eventually, Fulton will be sad to see the building where she spent nearly 30 years no longer filled with the shuffling of small feet down hallways and laughter echoing from classrooms. But as the noise and activity at West Handley diminishes, the action will shift less than a mile north to the new Eastern Hills Elementary campus. West Handley neighbors living on Putnam Street will almost certainly appreciate the lack of noise and traffic, she said. Matthew Sgroi is an education reporter for the Fort Worth Report. Contact him at matthew.sgroi@fortworthreport.org or @matthewsgroi1 . At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here . Related Fort Worth Report is certified by the Journalism Trust Initiative for adhering to standards for ethical journalism . Republish This Story Republishing is free for noncommercial entities. Commercial entities are prohibited without a licensing agreement. Contact us for details. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License . Look for the "Republish This Story" button underneath each story. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Do not copy stories straight from the front-end of our web-site. You are required to follow the guidelines and use the republication tool when you share our content. The republication tool generates the appropriate html code. 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You can’t edit our stories, except to reflect relative changes in time, location and editorial style. Our stories may appear on pages with ads, but not ads specifically sold against our stories. You can’t sell or syndicate our stories. You can only publish select stories individually — not as a collection. Any web site our stories appear on must include a contact for your organization. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. by Matthew Sgroi, Fort Worth Report December 11, 2024EPFO conducts outreach programme in RajouriMAP Meeting Evolves into MedSpa Pro, Builds Momentum for Record-Breaking 2025
Since its inception, smart contracts have been synonymous with Ethereum, and have brought revolution to blockchain technology through the use of self-executing agreements without the need for intermediaries. Ethereum has long established itself as the leader in decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, attracting developers over the years in a vast ecosystem of applications. But with time, as the technology for blockchain is improving, Ethereum is losing steam as new platforms are promising faster, cheaper, and far more scalable solutions. This article will investigate whether Ethereum will remain the dominant force or challengers will take its crown. Ethereum’s dominance stems from its early start and Ethereum Virtual Machine ( EVM ) which offers developers an environment for developing decentralized applications (dApp). As of 2023, it dominates over 49% of the smart contracts market, making it the backbone of decentralized finance. Ethereum’s network effect is another critical factor. Ethereum also has the biggest developer community in the blockchain industry, and the richest set of tools, frameworks, and decentralized applications, inspiring new decentralized innovations. Platforms like Uniswap, Aave, and OpenSea are already well-known in the crypto space helping Ethereum solidify its position as a trendsetter. Despite its success, Ethereum has suffered from long-standing problems of scalability and high-proportioned transaction fees. High network traffic emanating from increased activities has pushed up the cost of gas fees making small transactions unprofitable and out of reach for the average user. For example, in 2021, the transaction fee reached more than $50 during high traffic load. Enter the competitors : Such platforms as Solana, BSC, Cardano, and Avalanche have been receiving increasing attention. These networks are faster with transactions than Ethereum and cheaper also solving some of Ethereum’s shortcomings. Solana : With a processing power of over 65,000 transactions per second (TPS), Solana stands to be a high-performance blockchain for projects seeking efficiency and scalability. Binance Smart Chain (BSC) : BSC is one of the popular choices for developers as it has a low transaction fee and works on the EVM Cardano : Cardano has built a reputation as having strict rigorous peer-reviewed research and security-focused projects. Avalanche: With flexible and customizable subnets and transaction finality, Avalanche offers developers scalability and flexibility. Ethereum is not sitting with its arms folded either. It is perhaps one of the most groundbreaking upgrades in the entire history of blockchain technology ever, Ethereum 2.0. The change from proof-of-work (PoW) to proof-of-stake (PoS) is supposed to deal with the crucial problems of Ethereum’s scalability and energy intensity. When it comes to scalability Ethereum 2.0 includes shard chains that split the network into segments making the transaction processing happen in parallel hence enhancing throughput. This upgrade is said to cut transaction costs and at the same time improve the use of the software. For now, Ethereum is also planning to reach more than 100,000 TPS by 2025, coming up to the speed of the recently created platforms . However, the energy consumption of the Ethereum network is expected to reduce significantly in the next few years by about 99.95%. This is in line with global sustainability standards, or what institutional investors have in their minds. The smart contracts market is developing and it was valued at $2.14 billion in the year 2024 and topped $12.55 billion in the year 2032 at a CAGR of 24.7%. This growth is due to the integration of blockchain technology into different industries like finance, health, supply and logistics among others. This simply implies that with the growing market, there is the possibility of having many different platforms, each targeting unique categories of the market. Due to the already created environment around Ethereum and constant development, it has growth potential, although competition remains the factor by which no platform will reign over all applications . Although Ethereum still holds the largest market share in the DeFi and NFT segments, this is fragmenting. Solana is popular among high-frequency trading applications now, and Cardano is used in scientific and sponsor blockchain projects. Being cost-effective, the Binance Smart Chain has been used mostly by small-scale investors. The future is multi-chain, and connectivity is going to be a key determinant of the health of blockchains. Polkadot and Cosmos are connectivity platforms that cross over the chasms between blockchains so that assets and data can transfer from network to network. Therefore, Ethereum has to synchronize itself with this integrated environment to remain useful. Ethereum continues to be the king of smart contracts because of the first-mover advantage, a large developer community, and a fitted ecosystem. Although it has been long on top, it is no longer unparalleled. Competition threats from Solana, Binance Smart Chain, Cardano, and Avalanche are rising as they all attend to problems like scalability and cost to make them attractive destinations for developers and users. The upgrades to Ethereum 2.0 remain a necessity for Ethereum to remain on top, as explained below. If done successfully, it is likely to tackle scalability and environmental issues at the same time strengthen Ethereum as the go-to platform for decentralised development.
Aris Water Solutions, Inc. ( NYSE:ARIS – Get Free Report ) major shareholder S Corp Gable sold 160,539 shares of Aris Water Solutions stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $25.18, for a total transaction of $4,042,372.02. Following the transaction, the insider now directly owns 2,951,199 shares of the company’s stock, valued at approximately $74,311,190.82. This trade represents a 5.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC. S Corp Gable also recently made the following trade(s): Aris Water Solutions Trading Down 5.0 % ARIS opened at $24.07 on Friday. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 30.09 and a beta of 1.91. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.62. Aris Water Solutions, Inc. has a twelve month low of $7.74 and a twelve month high of $27.94. The company has a 50-day simple moving average of $23.18 and a 200 day simple moving average of $18.54. Aris Water Solutions Announces Dividend Wall Street Analyst Weigh In Several equities analysts have recently commented on ARIS shares. US Capital Advisors downgraded Aris Water Solutions from a “strong-buy” rating to a “moderate buy” rating in a research report on Tuesday, November 26th. Stifel Nicolaus lifted their target price on Aris Water Solutions from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. The Goldman Sachs Group upped their price target on shares of Aris Water Solutions from $21.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Evercore ISI lifted their price objective on shares of Aris Water Solutions from $20.00 to $25.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. Finally, JPMorgan Chase & Co. downgraded shares of Aris Water Solutions from an “overweight” rating to a “neutral” rating and boosted their price objective for the company from $19.00 to $22.00 in a report on Wednesday, November 6th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $24.83. View Our Latest Report on Aris Water Solutions Institutional Inflows and Outflows Several institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Aris Water Solutions by 116.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 402,093 shares of the company’s stock valued at $6,783,000 after purchasing an additional 216,158 shares in the last quarter. Principal Financial Group Inc. bought a new stake in shares of Aris Water Solutions during the 3rd quarter worth $514,000. Lord Abbett & CO. LLC lifted its position in shares of Aris Water Solutions by 4.0% during the 3rd quarter. Lord Abbett & CO. LLC now owns 352,087 shares of the company’s stock worth $5,940,000 after buying an additional 13,676 shares during the last quarter. Franklin Resources Inc. acquired a new stake in Aris Water Solutions in the third quarter valued at about $266,000. Finally, Tidal Investments LLC bought a new position in Aris Water Solutions in the third quarter valued at about $252,000. 39.71% of the stock is currently owned by institutional investors and hedge funds. About Aris Water Solutions ( Get Free Report ) Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water. Further Reading Receive News & Ratings for Aris Water Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aris Water Solutions and related companies with MarketBeat.com's FREE daily email newsletter .
NEW HOPE, Pa. (AP) — Dayle Haddon, a Canadian-born actor, activist and trailblazing former “Sports Illustrated” model who pushed back against age discrimination by reentering the industry as a widow, has died in a Pennsylvania home from what authorities believe was carbon monoxide poisoning. Authorities in Bucks County found Haddon, 76, dead in a second-floor bedroom Friday morning after emergency dispatchers were notified about a person unconscious at the Solebury Township home. A 76-year-old man police later identified as Walter J. Blucas of Erie was hospitalized in critical condition. Responders detected a high level of carbon monoxide in the property and township police said Saturday that investigators determined that “a faulty flue and exhaust pipe on a gas heating system caused the carbon monoxide leak.” Two medics were taken to a hospital for carbon monoxide exposure and a police officer was treated at the scene. As a model, Haddon appeared on the covers of Vogue, Cosmopolitan, Elle and Esquire in the 1970s and 1980s, as well as the 1973 Sports Illustrated swimsuit issue. She also appeared in about two dozen films from the 1970s to 1990s, according to , including 1994’s “Bullets Over Broadway,” starring John Cusack. Haddon left modeling after giving birth to her daughter, Ryan, in the mid-1970s, but then had to reenter the workforce after her husband’s 1991 death. This time she found the modeling industry far less friendly: “They said to me, ‘At 38, you’re not viable,’” in 2003. Working a menial job at an advertising agency, Haddon began reaching out to cosmetic companies, telling them there was a growing market to sell beauty products to aging baby boomers. She eventually landed a contract with Clairol, followed by Estée Lauder and then L’Oreal, for which she promoted the company’s anti-aging products for more than a decade. She also hosted beauty segments for CBS’s “The Early Show.” “I kept modeling, but in a different way,” she told The Times, “I became a spokesperson for my age.” In 2008, Haddon founded WomenOne, an organization aimed at advancing educational opportunities for girls and women in marginalized communities, including Rwanda, Haiti and Jordan.’ Haddon was born in Toronto and began modeling as a teenager to pay for ballet classes — she began her career with the Canadian ballet company Les Grands Ballet Canadiens, . Haddon’s daughter, Ryan, said in a social media post that her mother was “everyone’s greatest champion. An inspiration to many.” “A pure heart. A rich inner life. Touching so many lives. A life well lived. Rest in Light, Mom,” she said.Trump transition says Cabinet picks, appointees were targeted by bomb threats, swatting attacksProtesting farmers call for 'Kisan Mahapanchayat' on January 4 amid Jagjit Dallewal's health concern