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Starting in September of 2027, all new passenger vehicles in the U.S. will have to sound a warning if rear-seat passengers don't buckle up. The National Highway Traffic Safety Administration said Monday that it finalized the rule, which also requires enhanced warnings when front seat belts aren't fastened. The agency estimates that the new rule will save 50 lives per year and prevent 500 injuries when fully in effect, according to a statement. The new rule will apply to passenger cars, trucks, buses except for school buses, and multipurpose vehicles weighing up to 10,000 pounds. Before the rule, seat belt warnings were required only for the driver's seat. Under the new rule, outboard front-seat passengers also must get a warning if they don't fasten their belts. Front-centre seats will not get a warning because NHTSA found that it wouldn't be cost effective. The agency said most vehicles already have warnings for the outboard passenger seats. The rule also lengthens the duration of audio and visual warnings for the driver's seat. The front-seat rules are effective starting Sept. 1 of 2026. Rear passengers consistently use seat belts at a lower rate than front passengers, the agency says. In 2022, front belt use was just under 92 per cent, while rear use dropped to about 82 per cent. About half of automobile passengers who died in crashes two years ago weren’t wearing belts, according to NHTSA data. The seat belt rule is the second significant regulation to come from NHTSA in the past two months. In November the agency bolstered its five-star auto safety ratings to include driver assistance technologies and pedestrian protection. Safety advocates want the Department of Transportation, which includes NHTSA, to finish several more rules before the end of the Biden administration, because president-elect Donald Trump has said he’s against new government regulations. Cathy Chase, president of Advocates for Highway and Auto Safety, urged the department to approve automatic emergency braking for heavy trucks and technology to prevent impaired driving.How to keep up with the news without overload
20 analysts have shared their evaluations of Tractor Supply TSCO during the recent three months, expressing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 6 7 0 0 Last 30D 0 1 0 0 0 1M Ago 1 0 0 0 0 2M Ago 5 5 6 0 0 3M Ago 1 0 1 0 0 Analysts have recently evaluated Tractor Supply and provided 12-month price targets. The average target is $300.45, accompanied by a high estimate of $335.00 and a low estimate of $250.00. Witnessing a positive shift, the current average has risen by 4.94% from the previous average price target of $286.32. Breaking Down Analyst Ratings: A Detailed Examination An in-depth analysis of recent analyst actions unveils how financial experts perceive Tractor Supply. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Zachary Fadem Wells Fargo Lowers Overweight $320.00 $325.00 John Lawrence Benchmark Raises Buy $310.00 $280.00 Michael Lasser UBS Raises Neutral $280.00 $272.00 Matthew McClintock Raymond James Raises Outperform $290.00 $285.00 Seth Sigman Barclays Raises Equal-Weight $250.00 $240.00 Michael Baker DA Davidson Raises Buy $325.00 $300.00 David Bellinger Mizuho Raises Neutral $270.00 $250.00 Seth Basham Wedbush Maintains Neutral $270.00 $270.00 Scot Ciccarelli Truist Securities Lowers Buy $317.00 $325.00 Joseph Feldman Telsey Advisory Group Maintains Outperform $335.00 $335.00 John Lawrence Benchmark Maintains Buy $280.00 $280.00 Joseph Feldman Telsey Advisory Group Raises Outperform $335.00 $300.00 Christopher Horvers JP Morgan Raises Neutral $290.00 $260.00 Scot Ciccarelli Truist Securities Raises Buy $325.00 $293.00 Peter Keith Piper Sandler Raises Overweight $332.00 $300.00 Zachary Fadem Wells Fargo Raises Overweight $325.00 $295.00 Oliver Wintermantel Evercore ISI Group Maintains In-Line $300.00 $300.00 John Lawrence Benchmark Maintains Buy $280.00 $280.00 Karen Short Melius Research Announces Buy $315.00 - Anthony Chukumba Loop Capital Raises Hold $260.00 $250.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Tractor Supply. This information offers a snapshot of how analysts perceive the current state of the company. Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Tractor Supply compared to the broader market. Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance. Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Tractor Supply's market standing. Stay informed and make well-considered decisions with our Ratings Table. Stay up to date on Tractor Supply analyst ratings. About Tractor Supply Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,270 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (rebranded as Tractor Supply), along with 205 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2023, revenue consisted primarily of livestock, equine & agriculture (27%), companion animal (25%), and seasonal & recreation (22%). Tractor Supply: Delving into Financials Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position. Revenue Growth: Tractor Supply's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 1.65% . This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector. Net Margin: Tractor Supply's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 6.96%, the company showcases strong profitability and effective cost management. Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 10.51%, the company showcases effective utilization of equity capital. Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.47%, the company showcases effective utilization of assets. Debt Management: Tractor Supply's debt-to-equity ratio stands notably higher than the industry average, reaching 2.33 . This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage. The Significance of Analyst Ratings Explained Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically 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. Which Stocks Are Analysts Recommending Now? Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market . 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.Oak Ridge sweeps Vicksburg at Florida basketball tournament
WASHINGTON (AP) — The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary said Tuesday, warning that “unfettered exports” of liquefied natural gas, or LNG, could raise wholesale domestic prices by more than 30% and increase planet-warming greenhouse gas emissions. Granholm’s statement came as the Energy Department released a , which have grown exponentially in the past decade. The analysis found that U.S. LNG shipments drive up domestic prices and frequently displace renewable energy sources such as wind and solar power. Increased LNG exports also would lead to higher global greenhouse gas emissions, even with use of technology such as equipment to capture and store carbon emissions, the report said. “Today’s publication reinforces that a business-as-usual approach (to LNG exports) is neither sustainable nor advisable,” Granholm said. The Energy Department report comes after the in January to study the effects LNG exports have on the planet. Natural gas emits methane, a potent greenhouse gas, when burned, leaked or released. LNG is especially energy intensive, since the gas must be retrieved through underground drilling, then piped to export terminals along the East and Gulf coasts. The gas is then “superchilled” into a liquid that is taken by tanker ships to import terminals in Europe and Asia, where it is then reheated into gas and distributed for business and family use. The oil and gas industry, along with Republican allies in Congress, have decried the LNG pause as unnecessary and counter-productive, and President-elect . The pause is on hold under , but few new terminals have been approved in the past year. The Energy Department said last week it will not decide on two major LNG export projects in Louisiana until the independent completes environmental reviews of each project. The American Gas Association called the Biden administration’s pause a mistake that has resulted in uncertainty for the global market, investors and America’s allies around the world. “This report is a clear and inexplicable attempt to justify their grave policy error,” said AGA president and CEO Karen Harbert. “America’s allies are suffering from the weaponization of natural gas and energy deprivation, and any limitations on supplying life essential energy is absolutely wrong-headed.” Harbert said the industry group looks forward to working with the Trump administration “to rectify the glaring issues with this study during the public comment period,” which lasts until mid-February. Charlie Riedl, executive director of the Center for LNG, a pro-industry group, said Republican and Democratic administrations, as well as independent researchers, “have continually found that U.S. LNG exports provide economic, national security and climate benefits and serve the public interest.” U.S. LNG “remains a vital tool for countries looking to displace dirtier fuels” such as coal and reduce their emissions, Riedl said, adding that U.S. LNG exports play a key role in meeting growing global demand for natural gas. since Russia’s invasion of Ukraine in 2022. The LNG pause, announced by President as the 2024 election year began, aligned the Democratic administration with environmentalists who fear the huge increase in LNG exports in recent years is locking in potentially catastrophic planet-warming emissions at a time when Biden has . “While MAGA Republicans willfully deny the urgency of the climate crisis, condemning the American people to a dangerous future, my administration will not be complacent,′′ Biden said in announcing the pause. His actions “heed the calls of young people and frontline communities who are using their voices to demand” climate action, Biden added. The White House declined to comment on the Energy Department study, referring questions to the agency. Matthew Daly, The Associated Press
Jussie Smollett’s conviction in 2019 attack on himself is overturnedThe Houston Texans (7-4) take on a familiar opponent (and best bets are available) when they host the Tennessee Titans (2-8) on Sunday, November 24, 2024 at NRG Stadium in an AFC South showdown. BetMGM is one of the most trusted Sportsbooks in the nation. Start with as little as $1 and place your bets today . Don’t miss a touchdown this NFL season. Catch every score with NFL RedZone on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Start your risk free trial today and watch seven hours of commercial-free football from every NFL game every Sunday. Think you know who will win the game? Sign up at BetMGM and place your bet today. Want to bet on this game’s spread? Head to BetMGM and place your wager today. Want to bet on the over/under in this matchup? Make your wager at BetMGM . Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .
East Carolina cornerback Shavon Revel Jr., a potential first-round pick, declared for the 2025 NFL Draft on Friday. Revel, who sustained a torn left ACL in practice in September, had one season of eligibility remaining. "After an incredible journey at East Carolina, I am officially declaring for the 2025 NFL Draft," the senior posted on social media. "... Pirates nation, thank you for your unwavering energy and support every game. Representing ECU is an honor, and I look forward to continuing to do so on Sundays!" Revel recorded two interceptions in three games this season, returning one 50 yards for a touchdown on Sept. 14 against Appalachian State. Over three seasons with the Pirates, Revel had three interceptions, 15 passes defensed and 70 tackles in 24 games. He was a second-team All-American Athletic Conference selection last season. ESPN draft analyst Mel Kiper Jr. ranked Revel as the No. 2 cornerback and No. 23 overall prospect in the 2025 draft class. --Field Level MediaPies feature in key moments in chef Richard Overbye’s life, from bakery pies eaten straight off the plane after returning Perth from travels (good) to post-hike pies he and fiance Grace ate after completing the Whistlepipe Gully trail in Forrestfield (not-so-good; the pies, that is, not the hike). “Grace made this throwaway comment saying, you could do better than this, and I thought, yeah, I can,” says Overbye. “I might have had a little bit too much coffee that morning, but that idea spitballed very, very quickly to become the basis of a business plan.” If everything goes as intended, that business plan fruits this summer as Angelwood, a cosy nostalgia-fuelled takeaway pie shop in Leederville. Overbye with business partner Patrick Wallis. Credit: Rachel Claire Overbye has chalked up time at some very demanding kitchens including Restaurant Amuse and Wildflower here in Perth, plus Oslo’s three-Michelin-starred Maaemo and Melbourne’s three-hatted fine-diner Amaru . While in Melbourne during the week, I bumped into Amaru owner Clinton McIver who, unprompted, told me what a key role Overbye had played in the evolution of the restaurant. So although Overbye’s medium of choice might be the humble pie, it’s safe to assume it will be informed by plenty of kitchen know-how. For now, the plan is to serve 10 different pies each day, most of them savoury. Some fillings will be familiar (mince pies, steak and mushroom, say). Some, such as apricot chicken, Korean-braised eggplant and Japanese-style golden curry will be more left of centre, not least because Overbye is committed to ensuring vegetarians get in on the action. Vegetarians such as Patrick Wallis, the former operations manager at Modus and Overbye’s business partner at Angelwood, who’ll be overseeing the shop’s back-end. Another of Overbye’s commitments will be “real ingredients”, from mushrooms grown by urban farmers The Mushroom Guys and thoughtfully raised meats to the butter – not margarine – he’ll use in pastry. Speaking of which, Angelwood’s pies will feature two different pastries: a shortcrust, sturdier pastry for the bases and a flakier laminated pastry for the lids: “the best of both worlds,” says Overbye. Sweet pie fillings might include cherry and pecan, while Overbye has hinted that trad Aussie bakery items such as vanilla slices may also make appearances. Sausages rolls are another item our man is looking forward to re-examining through the Angelwood lens. Although takeaway is the name of the game, the shop will feature a small counter for people to park up at while waiting for orders and coffees. The rest of the beverage range will follow the same new-meets-old spirit: expect Bundaberg ginger beer and chocolate milk sharing fridge space with small-batch sodas and kombucha from Margaret River’s Waves & Caves. Angelwood (18B 663 Newcastle Street, Leederville) will open Wednesday and Sunday and is due to open this summer. Start the day with a summary of the day’s most important and interesting stories, analysis and insights. Sign up for our Morning Edition newsletter .THE WOODLANDS, Texas , Dec. 16, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI ) today announced the commercial launch of TETRA Oasis TDS, an end-to-end water treatment and desalination technology for beneficial re-use and mineral extraction applications for oil and gas well produced water. TETRA also recently completed a commercial pilot project for the desalination of Delaware Basin produced water for a major North America oil and gas operator. The desalinated water was tested against published Texas Railroad Commission ("TRRC") standards for beneficial re-use water at both TETRA's laboratory and an independent third-party laboratory. Subsequently, the treated water was sent to a third party for Whole Effluent Toxicity ("WET") testing where it successfully passed all test parameters. WET testing is a method used to measure the combined toxic effects of all pollutants on aquatic organisms and involves exposing aquatic organisms to treated wastewater samples and observing how the organisms respond. The tests can be acute or chronic and measure different aspects of the organisms' health. WET testing is a vital component to implementing water quality standards under the National Pollutant Discharge Elimination System ("NPDES") permits program. Brady Murphy , TETRA's President and Chief Executive Officer said, "For several years we have been working to leverage our deep brine chemistry expertise, our US onshore water treatment resources, and our customer network and relationships to address the sizeable industry challenge surrounding treatment of oil and gas produced water for beneficial re-use purposes. By combining our existing expertise in produced water recycling for frac re-use to pre-treat the feed water for two unique membrane technologies, we have developed a high-quality, cost-effective solution. Our first field pilot program successfully treated produced water where we achieved 92% recovery rate of desalinated water with total dissolved solids levels ranging from 40 parts per million ("ppm") to 200 ppm, which are better than the average municipal drinking water standards. In our latest pilot test of more challenging Delaware Basin produced water, we are very pleased to announce that our TETRA Oasis TDS resulted in high-quality desalinated water that not only met or exceeded all customer KPIs but passed all third-party WET testing. Given the importance of WET testing standards for the regulatory agencies, we believe this is an important step for future beneficial re-use project permitting. This is a rapidly evolving market, and the need for cost effective technology to address produced water volumes continues to grow. TETRA see significant opportunity in the space and continue to engage high quality customers to address their water challenges and disposal restrictions due to seismicity events with seven NDA's in place and ongoing negotiations with others to discuss the proprietary details of our TETRA Oasis TDS." Despite U.S. land oil and gas well frac and completion activity declining throughout 2024, produced water volumes continue to increase. Rystad Energy estimates Permian Basin produced water volumes of 8.3 billion barrels in 2024, up 5% from 2023. In Rystad Energy's fourth quarter 2024 Water Management report, they estimate that a 20% reduction in Permian Basin disposal well capacity due to regulatory restrictions would result in up to 4 million barrels of produced water per day as the available market for beneficial re-use. A recent Houston Chronicle article referenced a study that the handling and treating of produced water is a $4 billion annual market opportunity in the Permian Basin, making this one of the fastest growing market opportunities in the oil and gas industry. TETRA Oasis TDS TETRA Oasis TDS is a proprietary end-to-end offering that involves a variety of processing stages starting with operator's oil and gas well produced water as feed brine for a pre-treatment step. TETRA has developed extensive experience and expertise over the past six years in the treatment and recycling of produced water for frac re-use, as demonstrated by having treated in the fourth quarter, 2024 a record peak volume of over 800,000 bbl/day. This experience has advanced TETRA's chemistry know-how in addressing a wide variability of produced water constituents, including dealing with organic compounds that would otherwise be destructive to membranes used in other industries to desalinate water. The critical pre-treatment first step is followed by the desalination stage through two technologies licensed exclusively to TETRA for oil and gas produced water applications, KMX Technologies Inc., ("KMX") Vacuum Membrane Distillation ("VMD") or Hyrec Holdings Company W.L.L. ("Hyrec") Osmotically Assisted Reverse Osmosis ("OARO"), or a combination of both. The selection of which technology or combination thereof depends, in part, on the total dissolved solids of the feed water, the end use application, and optimizing both the capital and operating costs of the process. The final stage is a post-treatment process designed to meet customer water specifications and may involve extraction of minerals, which TETRA's chemical business has been doing for many years, and potentially significantly improving the economic benefits. TETRA Oasis TDS was successfully proven in the field to deliver a water quality that achieves or exceeds regulatory requirements in a cost-effective manner for multiple beneficial re-use applications, including potential surface irrigation and industrial uses. TETRA recently completed an equity investment in KMX Technologies Inc. Details on TETRA Oasis TDS can be found on the following website link: https://onetetra.com/energy-services/water-management/produced-water-desalination/ Investor Contact For further information, please contact Elijio Serrano , CFO, TETRA Technologies, Inc. at (281) 367-1983 or via email at [email protected] . Company Overview TETRA Technologies, Inc. is an energy services and solutions company focused on developing environmentally conscious services and solutions that help make people's lives better. With operations on six continents, the Company's portfolio consists of Energy Services, Industrial Chemicals, and Critical Minerals. In addition to providing products and services to the oil and gas industry and calcium chloride for diverse applications, TETRA is expanding into the low-carbon energy market with chemistry expertise, key mineral acreage, and global infrastructure, helping to meet the demand for sustainable energy in the twenty-first century. Visit the Company's website at www.onetetra.com for more information. Cautionary Statement Regarding Forward Looking Statements This news release includes certain statements that are deemed to be forward-looking statements. Generally, the use of words such as "may," "see," "expectation," "expect," "intend," "estimate," "projects," "anticipate," "believe," "assume," "could," "should," "plans," "targets" or similar expressions that convey the uncertainty of future events, activities, expectations or outcomes identify forward-looking statements that TETRA intends to be included within the safe harbor protections provided by the federal securities laws. These forward-looking statements include statements regarding TETRA's beliefs, expectations, plans, goals, future events and performance, and other statements that are not purely historical. These forward-looking statements are based on certain assumptions and analyses made by TETRA in light of its experience and its perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. Such statements are subject to a number of risks and uncertainties, many of which are beyond the control of TETRA. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to develop efficient water treatment processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; future relationships between parties; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with changes in federal, state, or local laws; risks associated with potential costs of regulatory compliance; risks associated with changes to U.S. trade policies; and risks related to adverse changes in general economic conditions. Moreover, TETRA operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release. 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, except as required by law, TETRA assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in TETRA's most recent filings with the Securities and Exchange Commission, including TETRA's most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. SOURCE TETRA Technologies, Inc.