
New Delhi, Nov 23 (PTI) Prime Minister Narendra Modi on Saturday said the latest round of elections has endorsed the message of development and defeated the politics of lies and betrayal propounded by the Congress and its allies. Addressing a gathering at the Bharatiya Janata Party (BJP) headquarters here, Modi said divisive forces, negative politics and dynasticism have been defeated in the Maharashtra election and bypolls in various states. He said the people of Maharashtra have voted for stability and taught a lesson to those who tried to create instability. The prime minister asserted that the message from the Maharashtra election is that of unity and it is also an endorsement of the "ek hai toh safe hai" slogan. Modi also said he bows down before the people of Jharkhand and that the BJP will work more zealously for the development of the state. "'Ek hai toh safe hai' has become the 'maha-mantra' for the entire nation and it has punished those who wanted to divide the country on caste and religious lines," he said, adding that all sections of the society have voted for the BJP. "The Congress and its ecosystem had thought that by spreading lies in the name of the Constitution, they could divide the Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBC) in small groups. This is a solid slap on their faces," he said. "People have made divisive forces bite the dust. The Congress and its allies have failed to grasp the changed realities of the country's mood," the prime minister added. He asserted that voters do not want instability and they believe in nation first and do not like those dreaming about "chair first". The voters in Maharashtra also evaluated Congress on the basis of the false promises made in other states like Karnataka, Telangana and Himachal Pradesh, he added. "Neither their false promises nor their dangerous agenda worked in Maharashtra," Modi said. The prime minister said the Maharashtra election also shows that only one Constitution will work in India and that was given to the people of the country by B R Ambedkar. The Congress and its allies were again trying to create a wall of Article 370 of the Constitution in Jammu and Kashmir, he said. "I want to say this to the Congress and its allies that no force in the world can bring back Article 370 and insult our Constitution," Modi said. He said the Congress and its allies were double-faced on various issues, including the Wafq Board. (This story has not been edited by THE WEEK and is auto-generated from PTI)
The Onion's rejected purchase of Infowars in an auction bid supported by families of the Sandy Hook Elementary shooting dealt them a new setback Wednesday and clouded the future of Alex Jones' conspiracy theory platform, which is now poised to remain in his control for at least the near future. What's next for Infowars and Sandy Hook families' long-sought efforts to hold Jones accountable over calling one of the deadliest school shootings in U.S. history a hoax was unclear, after a federal judge in Houston late Tuesday rejected The Onion's winning bid for the site . U.S. Bankruptcy Judge Christopher Lopez in Houston said he did not want another auction but offered no roadmap over how to proceed. One possibility includes ultimately allowing Sandy Hook families — who comprise most of Jones' creditors — to return to state courts in Connecticut and Texas to collect on the nearly $1.5 billion in defamation and emotional distress lawsuit judgments that Jones was ordered to pay them. “Our hope is that when this process ends, and it will end, and it will end sooner rather than later, is that all assets that Alex Jones has available are paid to the families, and that includes Infowars, and that as a result of that process Alex Jones is deprived of the ownership and control of the platform that he’s used to hurt so many people,” Christopher Mattei, an attorney for the Sandy Hook families, said in a phone interview Wednesday. The families, meanwhile, were preparing the mark the 12th anniversary of the Dec. 14 shooting. Why was The Onion bid rejected? The sale of Infowars is part of Jones’ personal bankruptcy case , which he filed in late 2022 after he was ordered to pay the $1.5 billion. Jones was sued for repeatedly saying on his show that the 2012 massacre of 20 first graders and six educators was staged by crisis actors to spur more gun control. Lopez said there was a lack of transparency in the bidding process and too much confusion about The Onion's bid. He also said the amount of money offered in the only two bids was too low and there needed to be more effort to try to raise as much money possible from the selling of Infowars' assets. The Onion's parent company, Global Tetrahedron, submitted a $1.75 million cash offer with plans to kick Jones out and relaunch Infowars in January as a parody . The bid also included a deal with many of the Sandy Hook families for them to forgo $750,000 of their auction proceeds and give it to other creditors. Lopez called it a complex arrangement that led to different interpretations of the bid's actual value as well as last-minute changes to a proposed sale order. The other bidder was First United American Companies, which runs a website in Jones’ name that sells nutritional supplements and planned to let Jones stay on the Infowars platforms. It offered $3.5 million in cash and later, with Jones, alleged fraud and collusion in the bidding process. Lopez rejected the allegations, saying that while mistakes were made there was no wrongdoing. Christopher Murray, the trustee who oversaw the auction, said he picked The Onion and its deal with the Sandy Hook families because it would have provided more money to Jones' other creditors. What happens next? The next steps remained unclear Wednesday. The judge directed Murray to come up with a new plan to move forward. Murray and representatives of The Onion did not immediately return messages seeking comment. The judge said there was a possibility there could be a trial in 2025 to settle Jones' bankruptcy. He said Murray could try to sell the equity in Infowars' parent company. He also said Murray could abandon the efforts, which could allow the Sandy Hook families to return to the state courts where they won their lawsuits against Jones and begin collection proceedings against him. The judge said he wanted to hear back from Murray and others involved in the bankruptcy within 30 days on a plan to move forward. Mattei, who represented the Sandy Hook families in the Connecticut lawsuit, said everyone is waiting to see what plan the trustee comes up with. Jones, meanwhile, continued to allege fraud and collusion on his show Wednesday and threatened legal action over what he called an attempted “rigged auction.” On the social media platform X, he called the judge's ruling a “Major Victory For Freedom Of The Press & Due Process." “I don’t want to have to go after these people, lawsuit-wise, but we have to because if you don’t then you’re aiding and abetting and they do it to other people. They made some big mistakes," he said. Sandy Hook families to mark shooting anniversary It's a solemn and heartbreaking week for relatives of victims of the Sandy Hook shooting in Newtown, Connecticut. The 12th anniversary is Saturday, and some of the victims' relatives were traveling to Washington, D.C., to attend the annual National Vigil for All Victims of Gun Violence on Wednesday evening. The families usually mark the anniversary out of the public eye. Many of the families said their lawsuits against Jones bought back the unbearable pain of losing their loved ones, as well as the trauma of being harassed and threatened by believers of Jones' hoax conspiracy. Relatives said they have been confronted in public by hoax believers and received death and rape threats. Robbie Parker, whose 6-year-old daughter Emilie was killed, testified at the Connecticut lawsuit trial in 2022 that the decade of abuse his family suffered made them move across the country to Washington state, and even there he was accosted in person. The families have not received any money from Jones since winning the trials. Jones has been appealing the $1.5 billion in judgments, and has since conceded that the shooting did happen. Last week, a Connecticut appeals court upheld most of the judgment in that state but reduced it by $150 million. ___ Associated Press writer Juan A. Lozano in Houston contributed to this report. 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IDEXX Laboratories, Inc. ( NASDAQ:IDXX – Get Free Report ) shares hit a new 52-week low on Thursday . The company traded as low as $401.64 and last traded at $410.98, with a volume of 75450 shares changing hands. The stock had previously closed at $418.61. Analyst Ratings Changes IDXX has been the subject of several research reports. Piper Sandler restated a “neutral” rating and set a $435.00 price target (down from $520.00) on shares of IDEXX Laboratories in a report on Monday, November 4th. Barclays decreased their target price on shares of IDEXX Laboratories from $570.00 to $481.00 and set an “overweight” rating for the company in a research note on Monday, November 4th. JPMorgan Chase & Co. dropped their price target on shares of IDEXX Laboratories from $630.00 to $575.00 and set an “overweight” rating on the stock in a research note on Friday, October 11th. Finally, Stifel Nicolaus reduced their price objective on IDEXX Laboratories from $510.00 to $500.00 and set a “hold” rating for the company in a research report on Thursday, October 10th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $552.38. Read Our Latest Report on IDXX IDEXX Laboratories Trading Down 0.3 % IDEXX Laboratories ( NASDAQ:IDXX – Get Free Report ) last announced its quarterly earnings data on Thursday, October 31st. The company reported $2.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.69 by $0.11. IDEXX Laboratories had a net margin of 22.53% and a return on equity of 55.42%. The company had revenue of $975.50 million during the quarter, compared to analysts’ expectations of $980.32 million. During the same quarter in the prior year, the company posted $2.53 EPS. The business’s revenue was up 6.6% on a year-over-year basis. Analysts anticipate that IDEXX Laboratories, Inc. will post 10.43 earnings per share for the current year. Institutional Trading of IDEXX Laboratories A number of large investors have recently bought and sold shares of IDXX. FSA Wealth Management LLC bought a new stake in shares of IDEXX Laboratories in the 3rd quarter worth about $25,000. Ridgewood Investments LLC bought a new stake in IDEXX Laboratories during the second quarter worth about $27,000. Institutional & Family Asset Management LLC acquired a new stake in shares of IDEXX Laboratories during the second quarter worth approximately $28,000. E Fund Management Hong Kong Co. Ltd. raised its stake in shares of IDEXX Laboratories by 5,700.0% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 58 shares of the company’s stock valued at $29,000 after acquiring an additional 57 shares during the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC raised its stake in shares of IDEXX Laboratories by 750.0% in the third quarter. Mowery & Schoenfeld Wealth Management LLC now owns 68 shares of the company’s stock valued at $34,000 after acquiring an additional 60 shares during the last quarter. 87.84% of the stock is currently owned by institutional investors. IDEXX Laboratories Company Profile ( Get Free Report ) IDEXX Laboratories, Inc develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets in Africa, the Asia Pacific, Canada, Europe, Latin America, and internationally. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy. Featured Articles Receive News & Ratings for IDEXX Laboratories Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDEXX Laboratories and related companies with MarketBeat.com's FREE daily email newsletter .
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China is expanding its nuclear force, has increased military pressure against Taiwan and has strengthened its ties with Russia over the past year, according to a Pentagon report Wednesday that details actions accelerating key areas of conflict with the United States. The report, however, also notes that the recent rash of corruption allegations within China's powerful Central Military Commission, which oversees the People’s Liberation Army, is hurting Beijing’s military growth and could slow its campaign to modernize. The impact, said a senior defense official, is a bit of a mixed bag because while there has been progress in some programs, China has slid back in others. The official, who spoke on condition of anonymity to describe the U.S. assessment, warned that Beijing is working toward developing a more diverse and technologically sophisticated nuclear force. While the expected number of nuclear warheads has maintained consistent growth, China is broadening its targeting abilities. Beijing is going to be able to go after more and different types of targets, do greater damage and have more options for multiple rounds of counterstrikes, the official said. The U.S. is urging China to be more transparent about its nuclear program, while also warning that America will defend its allies and take appropriate steps in response. According to the report, which provides the annual U.S. assessment of China’s military power and is required by Congress, China had more than 600 operational nuclear warheads as of May, and the U.S. expects it will have more than 1,000 by 2030. The Chinese Embassy, in response, said China has always “firmly adhered to a nuclear strategy of self-defense,” follows the no-first-use nuclear policy and maintains its nuclear capabilities at the minimum level required for national security. Liu Pengyu, the embassy spokesman, said such annual reports by the Pentagon are “filled with ‘Cold-War' thinking and zero-sum game mentality, which China firmly opposes.” The Biden administration has worked to maintain a balance with China, building up the U.S. military presence in the Asia-Pacific region to be ready to counter Beijing while also encouraging increased communications between the two countries at the diplomatic and military levels. That uptick in talks has coincided with a decrease in coercive and risky intercepts of U.S. aircraft since late 2023, compared with the previous two years. China still, however, does what the U.S. military considers “unsafe” flights near American and allied forces in the region. The Pentagon’s national defense strategy is built around China being the greatest security challenge for the U.S., and the threat from Beijing influences how the U.S. military is equipped and organized for the future. The corruption within the PLA has resulted in at least 15 high-ranking officials being ousted in a major shakeup of China’s defense establishment. “This wave of corruption touches every service in the PLA, and it may have shaken Beijing’s confidence," the report said. In June, China announced that former Defense Minister Li Shangfu and his predecessor, Wei Fenghe, were expelled from the ruling Communist Party and accused of corruption. Last month, another senior official, Miao Hua, was suspended and put under investigation, according to China's Defense Ministry. The U.S. report points to a persistent increased military presence by China around Taiwan, the self-governing island that China claims as its own. It said China's navy has been in the region more and that there have been increased crossings into the island's air defense identification zone and major military exercises in the area. Just last week, a large deployment of Chinese navy and coast guard vessels in the waters around Taiwan triggered alarm as Taiwanese officials said it looked like China was simulating a blockade. Officials have said there were as many as 90 ships involved in what Taiwan described as two walls designed to demonstrate that the waters belong to China. Taiwan split from communist China in 1949 and has rejected Beijing’s demands that it accept unification. China says it will do so by force if necessary, and leaders have said they want to be ready to do so by 2027. Beijing also has demanded that Washington not interfere with the Taiwan issue, citing that it is an internal matter. The United States is obligated under domestic law to help defend Taiwan and give it weapons and technology to deter invasion. The island democracy has been the chief source of tension between Washington and Beijing for decades and is widely seen as the most likely trigger for a potentially catastrophic U.S.-China war. More broadly, the report concluded that the PLA continued its drive to develop greater military capabilities but “made uneven progress toward its 2027” milestone for modernization. One area of expansion, the report said, is with unmanned aerial systems, which officials said are “quickly approaching U.S. standards.” Regarding Russia, the report said China has supported Russia's war against Ukraine and sold Russia dual-use items that Moscow's military industry relies on. Dual use items can be used for both civilian and military purposes.
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