Mutual of America Capital Management LLC acquired a new stake in Hamilton Lane Incorporated ( NASDAQ:HLNE – Free Report ) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 21,904 shares of the company’s stock, valued at approximately $3,688,000. A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in Hamilton Lane by 8.3% in the 1st quarter. Vanguard Group Inc. now owns 3,678,617 shares of the company’s stock valued at $414,801,000 after acquiring an additional 283,190 shares in the last quarter. Van Berkom & Associates Inc. lifted its holdings in shares of Hamilton Lane by 2.0% in the second quarter. Van Berkom & Associates Inc. now owns 892,812 shares of the company’s stock valued at $110,334,000 after purchasing an additional 17,272 shares in the last quarter. Copeland Capital Management LLC boosted its position in shares of Hamilton Lane by 0.8% during the third quarter. Copeland Capital Management LLC now owns 863,397 shares of the company’s stock valued at $145,388,000 after buying an additional 7,106 shares during the last quarter. Fred Alger Management LLC grew its holdings in Hamilton Lane by 10.5% during the second quarter. Fred Alger Management LLC now owns 687,521 shares of the company’s stock worth $84,964,000 after buying an additional 65,151 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Hamilton Lane by 6.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 590,270 shares of the company’s stock valued at $72,943,000 after buying an additional 37,680 shares during the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades A number of research firms have issued reports on HLNE. Wells Fargo & Company lifted their price objective on shares of Hamilton Lane from $156.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 9th. Keefe, Bruyette & Woods upped their price objective on shares of Hamilton Lane from $181.00 to $215.00 and gave the stock a “market perform” rating in a research report on Thursday, November 7th. The Goldman Sachs Group lifted their target price on shares of Hamilton Lane from $139.00 to $147.00 and gave the stock a “neutral” rating in a research report on Thursday, October 3rd. JPMorgan Chase & Co. upped their target price on Hamilton Lane from $134.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Finally, UBS Group lifted their price target on Hamilton Lane from $150.00 to $185.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Seven research analysts have rated the stock with a hold rating, According to MarketBeat, Hamilton Lane presently has an average rating of “Hold” and an average target price of $180.33. Hamilton Lane Stock Performance NASDAQ HLNE opened at $199.55 on Friday. The firm has a market cap of $11.06 billion, a P/E ratio of 43.29 and a beta of 1.18. The company has a quick ratio of 3.37, a current ratio of 3.37 and a debt-to-equity ratio of 0.24. The company’s 50 day moving average is $177.45 and its 200-day moving average is $147.64. Hamilton Lane Incorporated has a 12-month low of $93.60 and a 12-month high of $203.72. Hamilton Lane ( NASDAQ:HLNE – Get Free Report ) last issued its earnings results on Wednesday, November 6th. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.01. Hamilton Lane had a net margin of 28.03% and a return on equity of 35.59%. The business had revenue of $150.00 million for the quarter, compared to analysts’ expectations of $151.55 million. During the same quarter in the previous year, the firm posted $0.89 EPS. The business’s revenue for the quarter was up 18.2% compared to the same quarter last year. Sell-side analysts predict that Hamilton Lane Incorporated will post 4.87 earnings per share for the current year. Hamilton Lane Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 7th. Shareholders of record on Monday, December 16th will be paid a $0.49 dividend. The ex-dividend date is Monday, December 16th. This represents a $1.96 annualized dividend and a yield of 0.98%. Hamilton Lane’s dividend payout ratio is currently 42.52%. Hamilton Lane Profile ( Free Report ) Hamilton Lane Incorporated is a private equity firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies. It prefers to invest in energy, industrials, consumer discretionary, health care, real estate, information technology, utilities, and consumer services. Featured Stories Receive News & Ratings for Hamilton Lane Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hamilton Lane and related companies with MarketBeat.com's FREE daily email newsletter .Former Prime Minister of India, Manmohan Singh , left for his heavenly abode on December 26, 2024. He was admitted to AIIMS hospital in Delhi. He was 92-year-old. Manmohan Singh was India's third-longest serving Prime Minister. He also served as finance minister and was known for bringing economic reforms. As the political icon breathed his last, may Bollywood celebrities took to their respective social media accounts to mourn the loss. Also Read - Manmohan Singh Death: When Anupam Kher revealed why it was tough to play the politician icon in The Accidental Prime Minister Among the first ones to post was Kapil Sharma. On X (formerly known as Twitter), Kapil Sharma wrote, "India has lost one of its finest leaders today. Dr. Manmohan Singh, the architect of India’s economic reforms and a symbol of integrity and humility, leaves behind a legacy of progress and hope." Others who also expressed grief over Manmohan Singh's demise are Sunny Deol , Sanjay Dutt , Riteish Deshmukh, Genelia Dsouza, Randeep Hooda, Manoj Bajpayee and many more. Also Read - The Accidental Prime Minister: See who will play former PM Manmohan Singh's wife role Check out tweets of celebrities mourning Manmohan Singh's demise below: I’m deeply saddened by the passing of Dr. Manmohan Singh, a visionary leader who played a pivotal role in shaping India’s economic liberalization. His wisdom, integrity& contributions to the nation’s growth will always be remembered. My heartfelt condolences. #RIPDrManmohanSingh pic.twitter.com/Y5lybTCmTv — Sunny Deol (@iamsunnydeol) December 26, 2024 Deeply saddened by the loss of Dr. Manmohan Singh Ji. His contributions to India will never be forgotten ?? pic.twitter.com/WFflqY8eMo — Sanjay Dutt (@duttsanjay) December 26, 2024 Deeply saddened by the passing of Dr. Manmohan Singh, former Prime Minister of India, whose dignified leadership and pivotal role in India’s economic liberalization transformed the nation. His wisdom and integrity will be remembered forever. My heartfelt condolences to his... pic.twitter.com/I70YrvnqrR — Randeep Hooda (@RandeepHooda) December 26, 2024 “India has lost one of its finest leaders today. Dr. Manmohan Singh, the architect of India’s economic reforms and a symbol of integrity and humility, leaves behind a legacy of progress and hope. His wisdom, dedication, and vision transformed our nation. Rest in peace, Dr.... pic.twitter.com/BsSKsclbeK — Kapil Sharma (@KapilSharmaK9) December 26, 2024 Today we have lost one of India’s finest Prime Ministers. The man who propelled India’s economic growth. He epitomised dignity and humility. We will forever be indebted to his legacy. May his soul rest in eternal glory. Thank you Shri Manmohan Singh ji ?? pic.twitter.com/dLWMyk5STc — Riteish Deshmukh (@Riteishd) December 26, 2024 Deeply saddened to hear about the demise of our former PM, Shri Manmohan Singh ji. A statesman, economist & a true patriot, he leaves behind a legacy of integrity, wisdom & selfless service to the nation. May his soul rest in peace pic.twitter.com/SIjTRL2OWm — Genelia Deshmukh (@geneliad) December 26, 2024 Saddened by the passing of our former Prime Minister. A statesman whose contributions in every aspect of our nation’s growth will always be remembered. My heartfelt condolences to his family. #RIPDrManmohanSingh ?? pic.twitter.com/9wandeOHjJ — manoj bajpayee (@BajpayeeManoj) December 26, 2024 A lot of other celebrities from fields of business, sports and politics are also tweeting and mourning demise of Manmohan Singh. Prime Minister Narendra Modi also took to his social media to pen a note expressing grief over Manmohan Singh's death. Also Read - Akshaye Khanna and Anupam Kher to start shooting for The Accidental Prime Minister from March 31MORGANTOWN, W.Va. (AP) — CJ Donaldson had two short rushing touchdowns and West Virginia became bowl eligible with a 31-21 victory over UCF on Saturday. Garrett Greene threw a TD pass in his final home game and Jahiem White added a short rushing score for the Mountaineers (6-5, 5-3 Big 12). West Virginia avoided losing for the fifth time at home, which hasn’t happened since 1990. Whether the win was enough for embattled coach Neal Brown to keep his job remains to be seen. UCF (4-7, 2-6) is assured of its second straight losing season under coach Gus Malzahn. Donaldson, averaging 53 rushing yards per game, finished with 96 yards. He came out determined with 56 yards on his first four carries, including a 1-yard run on West Virginia's opening series. West Virginia cornerback Dontez Fagan then recovered a fumble by UCF quarterback Dylan Rizk, and Donaldson ran for 28 more yards on the next series that was capped by White’s 3-yard TD run. Greene struggled in the passing game for most of the first half, then went 4 of 6 for 65 yards just before halftime, hitting Rodney Gallagher with a 12-yard TD toss for a 21-7 lead. Rizk went 11 of 21 for 172 yards, including a 45-yard scoring strike to Kobe Hudson. RJ Harvey, the Big 12’s leading rusher, ran for 130 yards and two scores, including a 9-yard TD run that brought UCF within 31-21 with 5:20 left. But the ensuing onside kick didn't go the required 10 yards. Greene then converted a pair of fourth-down passes and West Virginia ran out the clock. Greene finished 13 of 21 for 118 yards. The takeaway UCF: The Knights outgained West Virginia 348 yards to 318 but now have lost seven of eight games following a 3-0 start. West Virginia: The Mountaineers won despite being stuck in many third-and-long situations on offense against a solid effort from UCF's defensive front. Up next UCF: Hosts Utah on Friday night. West Virginia: Finishes the regular season at Texas Tech next Saturday. Get alerts on the latest AP Top 25 poll throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballDonald Trump says he urged Gretzky to run for prime minister in Christmas visit
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ATLANTA , Dec. 12, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company" or "Cousins") (NYSE:CUZ) announced today that its operating partnership, Cousins Properties LP (the "Operating Partnership"), has priced an offering of $400 million aggregate principal amount of 5.375% senior unsecured notes due 2032 at 99.463% of the principal amount. The offering is expected to close on December 17, 2024 , subject to the satisfaction of customary closing conditions. Cousins intends to use the net proceeds from the offering to fund a portion of the purchase price of 601 West 2nd Street, also known as Sail Tower, an 804,000 square foot trophy lifestyle office property in Austin (the "Sail Tower Acquisition"), and the remainder to repay borrowings under its credit facility and for general corporate purposes. In the event the Sail Tower Acquisition is not completed, Cousins will use the net proceeds from the offering for general corporate purposes, including the acquisition and development of office properties, other opportunistic investments and the repayment of debt. The notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company. J.P. Morgan, Truist Securities, US Bancorp, BofA Securities, Morgan Stanley, PNC Capital Markets LLC, TD Securities and Wells Fargo Securities are acting as joint book-running managers. A shelf registration statement relating to these securities is effective with the Securities and Exchange Commission. The offering may be made only by means of a prospectus supplement and accompanying prospectus. Copies of these documents may be obtained by contacting J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York , 10179, Attention: Investment Grade Syndicate Desk, 3rd Floor, telephone collect at 1-212-834-4533; Truist Securities, Inc., Attention: Prospectus Department, 303 Peachtree Street, Atlanta, GA 30308, telephone: 800-685-4786, or e-mail: TruistSecurities.prospectus@Truist.com ; or U.S. Bancorp Investments, Inc., Attention: High Grade Syndicate, 214 North Tryon Street, 26th Floor, Charlotte, NC 28202, or by telephone at: (877) 558-2607. Electronic copies of these documents are also available from the Securities and Exchange Commission's website at www.sec.gov . This press release is neither an offer to purchase nor a solicitation of an offer to sell the notes, nor shall it constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale is unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About Cousins Properties Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust ("REIT"). The Company, based in Atlanta, GA and acting through the Operating Partnership, primarily invests in Class A office buildings located in high growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing, and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets, and opportunistic investments. Forward-Looking Statements Certain matters contained in this press release are "forward-looking statements" within the meaning of the federal securities laws and are subject to uncertainties and risks, as itemized in Item 1A included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and in the Company's Quarterly Reports on Form 10-Q for the quarters ended June 30, 2024 and September 30, 2024 . These forward-looking statements include information about the Company's possible or assumed future results of the business and the Company's financial condition, liquidity, results of operations, plans, and objectives. They also include, among other things, statements regarding subjects that are forward-looking by their nature, such as: guidance and underlying assumptions; business and financial strategy; future debt financings; future acquisitions and dispositions of operating assets or joint venture interests; future acquisitions and dispositions of land, including ground leases; future acquisitions of investments in real estate debt; future development and redevelopment opportunities; future issuances and repurchases of common stock, limited partnership units, or preferred stock; future distributions; projected capital expenditures; market and industry trends; future occupancy or volume and velocity of leasing activity; entry into new markets, changes in existing market concentrations, or exits from existing markets; future changes in interest rates and liquidity of capital markets; and all statements that address operating performance, events, investments, or developments that we expect or anticipate will occur in the future — including statements relating to creating value for stockholders. Any forward-looking statements are based upon management's beliefs, assumptions, and expectations of our future performance, taking into account information that is currently available. These beliefs, assumptions, and expectations may change as a result of possible events or factors, not all of which are known. If a change occurs, our business, financial condition, liquidity, and results of operations may vary materially from those expressed in forward-looking statements. Actual results may vary from forward-looking statements due to, but not limited to, the following: the availability and terms of capital and our ability to obtain and maintain financing arrangements on terms favorable to us or at all; the ability to refinance or repay indebtedness as it matures; any changes to our credit rating; the failure of purchase, sale, or other contracts to ultimately close; the failure to achieve anticipated benefits from acquisitions, developments, investments, or dispositions; the effect of common stock or operating partnership unit issuances, including those undertaken on a forward basis, which may negatively affect the market price of our common stock; the availability of buyers and pricing with respect to the disposition of assets; changes in national and local economic conditions, the real estate industry, and the commercial real estate markets in which we operate (including supply and demand changes), particularly in Atlanta , Austin , Tampa , Charlotte , Phoenix , Dallas , and Nashville , including the impact of high unemployment, volatility in the public equity and debt markets, and international economic and other conditions; threatened terrorist attacks or sociopolitical unrest such as political instability, civil unrest, armed hostilities, or political activism, which may result in a disruption of day-to-day building operations; changes to our strategy in regard to our real estate assets may require impairment to be recognized; leasing risks, including the ability to obtain new tenants or renew expiring tenants, the ability to lease newly-developed and/or recently acquired space, the failure of a tenant to commence or complete tenant improvements on schedule or to occupy leased space, and the risk of declining leasing rates; changes in the preferences of our tenants brought about by the desire for co-working arrangements, trends toward utilizing less office space per employee, and the effect of employees working remotely; any adverse change in the financial condition or liquidity of one or more of our tenants or borrowers under our real estate debt investments; volatility in interest rates (including the impact upon the effectiveness of forward interest rate contract arrangements) and insurance rates; inflation; competition from other developers or investors; the risks associated with real estate developments (such as zoning approval, receipt of required permits, construction delays, cost overruns, and leasing risk); supply chain disruptions, labor shortages, and increased construction costs; risks associated with security breaches through cyberattacks, cyber intrusions or otherwise, as well as other significant disruptions of our information technology networks and related systems, which support our operations and our buildings; changes in senior management, changes in the Company's board of directors, and the loss of key personnel; the potential liability for uninsured losses, condemnation, or environmental issues; the potential liability for a failure to meet regulatory requirements, including the Americans with Disabilities Act and similar laws or the impact of any investigation regarding the same; the financial condition and liquidity of, or disputes with, joint venture partners; any failure to comply with debt covenants under debt instruments and credit agreements; any failure to continue to qualify for taxation as a real estate investment trust or meet regulatory requirements; potential changes to state, local, or federal regulations applicable to our business; material changes in dividend rates on common shares or other securities or the ability to pay those dividends; potential changes to the tax laws impacting real estate investment trusts and real estate in general; risks associated with climate change and severe weather events, as well as the regulatory efforts intended to reduce the effects of climate changes and investor and public perception of our efforts to respond to the same; the impact of newly adopted accounting principles on our accounting policies and on period-to-period comparisons of financial results; risks associated with possible federal, state, local, or property tax audits; and those additional risks and environmental or other factors discussed in reports filed with the Securities and Exchange Commission by the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company cannot guarantee the accuracy of any such forward-looking statements contained in this press release, and the Company does not intend to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Contacts Roni Imbeaux Vice President, Finance and Investor Relations 404-407-1104 rimbeaux@cousins.com View original content: https://www.prnewswire.com/news-releases/cousins-properties-announces-pricing-of-senior-notes-offering-302330787.html SOURCE Cousins PropertiesHere, the PA news agency looks at the seven Grand Slam finals contested by the pair. Murray turned in a poor performance in Melbourne, failing at the third attempt to win a set in a Grand Slam final as Djokovic broke serve seven times and hit six aces to claim a comprehensive win 6-4 6-2 6-3. “You had an unbelievable tournament and deserved to win,” the Scot said in reference to his opponent. “I look forward to playing against you in the future.” It took five sets for Murray to claim his first Grand Slam title, becoming the first British man to achieve the feat since Fred Perry in 1936. The final clocked in at four hours and 54 minutes as Murray prevailed 7-6 (10) 7-5 2-6 3-6 6-2 to end a wait of 287 tournaments in British male tennis for a victory. “I want to congratulate Andy on his first grand slam, he thoroughly deserves it,” said Djokovic. “I really tried my best. I gave it my all. It was a tremendous match.” Congrats . Incredible athlete. Perfect gentleman. — judy murray (@JudyMurray) Murray was dogged by injury in Melbourne with a heavily strapped right foot and a tight hamstring as Djokovic fought back from a set down to land a third consecutive Australian Open title, 6-7 (2) 7-6 (3) 6-3 6-2. “His record here is incredible,” said Murray. ”Very few people have managed to do what he has done, a deserved champion.” Murray ended a 77-year wait for a British men’s victory at Wimbledon by defeating his old foe 6-4, 7-5, 6-4 in SW19, serving emphatically with nine aces and only two double faults to throw off the weight of history. The Scot had been 4-1 down in the second set as the match threatened to slip away from him and with it the chance to cement his place in tennis folklore, but having wasted three championship points he finally sealed the deal when Djokovic drove into the net with his final shot. Djokovic triumphed 7-6 (5) 6-7 (4) 6-3 6-0 and after the 24 matches and five grand slam finals the pair had played against each other across nine years, the Serb had established a 16-8 overall lead and 3-2 in slam finals. “Success is being happy,” said Murray. “It’s not about winning every single tournament you play, because that isn’t possible.” What a journey. Really grateful for everything. I'll keep working hard. Love is the key! — Novak Djokovic (@DjokerNole) The Serb landed a fourth win over Murray in Australian Open finals and his 11th in 12 matches to land his 11th major title, whilst the Scot made it five consecutive final losses in Melbourne, a new record in the Open era. “I feel like I’ve been here before,” said Murray after a 6-1 7-5 7-6 (3) loss. “Congratulations Novak, six Australian Opens, an incredible feat, and incredible consistency the last year.” "This is something that’s so rare in tennis... it’s gonna take a long time for it to happen again" Andy to Novak ❤️ — Roland-Garros (@rolandgarros) This was Murray’s first final at Roland Garros but it brought a familiar conclusion as Djokovic triumphed against him for the fifth time in seven Grand Slam finals. The 3-6 6-1 6-2 6-4 success was a first win for the Serb in Paris and saw him hold all four slams simultaneously. Murray went on to win Wimbledon the following month and was voted BBC Sports Personality of the Year but, addressing Djokovic in Paris, said: “This is his day today. What he’s achieved the last 12 months is phenomenal, winning all four of the grand slams in one year is an amazing achievement.”
SPOTLIGHT | MUSK AND TRUMP Elon Musk is easily the world's wealthiest man, with a net worth topping $300 billion. But even he stands to make more money from his association with the federal government after placing a winning bet on Donald Trump's election to the presidency. "It's going to be a golden era for Musk with Trump in the White House," Wedbush Securities analyst Dan Ives said. Musk's aerospace company SpaceX received billions of dollars in federal contracts, and could be in line for more, while his five other businesses could gain from a lighter regulatory touch. Trump named Musk to cohead a new Department of Government Efficiency, or DOGE — a nod to the cryptocurrency Musk adores. However, federal law bars executive branch employees, which can include unpaid consultants, from participating in government matters that will affect their financial interests, unless they divest of their interests or recuse themselves. Trump's transition team has sought a work-around, saying he would "provide advice and guidance from outside of Government" with the work concluding by July 2026, according to a news release. Richard Painter, a University of Minnesota Law School professor and former chief White House ethics lawyer, said that if Musk is truly working outside the government he doesn't have to sell his assets, but that limits his influence. "He can make recommendations, but ultimately the decisions are made by government officials," Painter said. Trump's campaign and Musk's companies didn't respond to requests for comment. Here's how Musk could benefit from Trump's presidency. SpaceX If there's one Musk business that could profit the most from the incoming Trump administration, it's SpaceX. The company, which announced this year it would move its headquarters from California to Texas, already received at least $21 billion in federal funds since its 2002 founding, according to government contracting research firm The Pulse. That includes contracts for launching military satellites, servicing the International Space Station and building a lunar lander. However, that figure could be dwarfed by a federal initiative to fund a Mars mission, which is the stated goal of SpaceX. "Elon Musk is wealthy, but he's not wealthy enough to completely fund humans to Mars. It needs to be a public/private partnership, because of the tens of billions of dollars that this would cost, or even hundreds of billions dollars," said Laura Forczyk, executive director of space industry consulting firm Astralytical. SpaceX already made big strides testing Musk's Starship rocket, the most powerful ever built. NASA envisions employing the rocket in its Artemis program to return humans to the moon, but it has been designed to have enough thrust to propel a spacecraft to Mars. What's more, Trump, during his first presidency, speculated on Twitter about why the United States was focusing on the moon instead of Mars. Still, there are technical challenges, with SpaceX yet to complete the $4 billion Starship lunar lander, which would have to be modified for Mars. And without a pressing geopolitical threat, Congress may be unwilling to spend more on space exploration, as it did during the 1960s with the Apollo program, Forczyk said. Should a Mars project not materialize, SpaceX could still reap rewards in the next four years. For example, the Federal Communications Commission denied SpaceX nearly $900 million in federal subsidies to provide rural broadband access through its Starlink satellite network. Under new FCC leadership, Forczyk sees that being reversed. Tesla Trump's policies could reduce the sales of electric vehicles, but with Musk's influence, his administration's policies could boost Tesla — though not with federal funding. For example, Trump, who tempered criticism of electric vehicles after Musk backed him, might end a $7,500 tax credit for electric vehicles. That would hurt Tesla's unprofitable rivals that rely more on the tax credits to lure customers. "Tesla is the only automaker that has the scale and scope to price vehicles in a $30,000-to$40,000 range and make significant profits," Ives said. "It would essentially take competition out of the market." Trump's Republican administration also is considering imposing tariffs on Mexico and China, which could make cars more expensive. Ives said he expects Trump to make exceptions for Tesla and Apple so they're not hit by a tax on imported goods. Tesla receives only a smattering of federal contracts, according to USAspending.gov , a database that tracks U.S. government spending. This year, Tesla received at least $2.8 million from the Pennsylvania Department of Transportation through a federally funded program to deploy EV charging stations. xAI and X Musk's startup xAI doesn't appear to have federal government contracts, but artificial intelligence companies could benefit in other ways under Trump. Republicans and Musk have expressed support for cutting regulation to fuel AI innovation, a crucial part of the future of tech companies. But Musk has also warned that AI could pose a threat to humanity, and it's unclear how Trump plans to address potential safety risks that come with technology including fraud, bias and disinformation. X, formerly known as Twitter, served as an online megaphone for Musk, who constantly shared his support for Trump during the election season. The social media site, which recently relocated its San Francisco headquarters to Texas, doesn't appear to have any federal government contracts, but X could benefit from policy changes that affect its rivals such as Meta and TikTok. Musk, who has declared himself a "free speech absolutist," recently shared an old Trump video with the words "YES!" In the video from 2022, Trump says he would change Section 230, a law that shields platforms from liability for user-generated content. Platforms would qualify for immunity only if the companies "meet high standards of neutrality, transparency, fairness and nondiscrimination," Trump said. The Boring Co. Fed up with Los Angeles traffic, Elon Musk launched The Boring Co. with two tweets in 2016, promising "to build a tunnel boring machine and just start digging." The Bastrop, Texas, company, formerly headquartered in Hawthorne, has completed a 1.7-mile loop under the Las Vegas Convention Center and is building a larger citywide loop — both without federal funding. Projects in some other cities didn't get past the proposal stages. However, at Trump's urging, congressional representatives could earmark local transportation projects to the benefit of Boring Co., though the company would still have to compete to win them, said Greg Griffin, a former urban planning professor at the University of Texas at San Antonio, who studied that city's proposed Boring Co. project. Neuralink Controlling robotic limbs. Seeing without eyes. Those are the kinds of miraculous advances Musk's Neuralink startup has been trying to achieve. The Fremont, California, company he co-founded in 2016 doesn't receive federal money, but its technology and clinical trails are regulated by the Food and Drug Administration. The more hands-off approach favored by Trump could aid such medical device developers. "We're concerned that regulation in general in the FDA will be weakened under the second Trump administration, and particularly concerned about medical devices," said Dr. Robert Steinbrook, health research group director for the consumer rights group Public Citizen. Get local news delivered to your inbox!TransMedics Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
Natixis Advisors LLC grew its holdings in shares of Repligen Co. ( NASDAQ:RGEN – Free Report ) by 53.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,625 shares of the biotechnology company’s stock after purchasing an additional 11,731 shares during the quarter. Natixis Advisors LLC owned approximately 0.06% of Repligen worth $5,004,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Bank of New York Mellon Corp grew its stake in shares of Repligen by 21.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,370,375 shares of the biotechnology company’s stock valued at $172,749,000 after acquiring an additional 237,884 shares during the period. Conestoga Capital Advisors LLC grew its stake in shares of Repligen by 26.7% during the 2nd quarter. Conestoga Capital Advisors LLC now owns 946,877 shares of the biotechnology company’s stock valued at $119,363,000 after acquiring an additional 199,322 shares during the period. Thrivent Financial for Lutherans grew its stake in shares of Repligen by 240.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 601,829 shares of the biotechnology company’s stock valued at $75,866,000 after acquiring an additional 425,061 shares during the period. New York State Common Retirement Fund grew its stake in shares of Repligen by 14.4% during the 3rd quarter. New York State Common Retirement Fund now owns 567,044 shares of the biotechnology company’s stock valued at $84,387,000 after acquiring an additional 71,274 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of Repligen by 39.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 429,524 shares of the biotechnology company’s stock valued at $54,149,000 after acquiring an additional 121,305 shares during the period. Hedge funds and other institutional investors own 97.64% of the company’s stock. Repligen Stock Up 0.6 % Shares of RGEN opened at $142.58 on Friday. The business’s 50 day simple moving average is $140.20 and its 200-day simple moving average is $143.62. Repligen Co. has a 1 year low of $113.50 and a 1 year high of $211.13. The stock has a market capitalization of $7.99 billion, a price-to-earnings ratio of -385.34, a price-to-earnings-growth ratio of 3.87 and a beta of 0.96. The company has a debt-to-equity ratio of 0.26, a current ratio of 10.44 and a quick ratio of 5.56. Insider Activity at Repligen In related news, Director Anthony Hunt sold 22,191 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $145.37, for a total transaction of $3,225,905.67. Following the sale, the director now owns 139,840 shares in the company, valued at approximately $20,328,540.80. This represents a 13.70 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink . 1.20% of the stock is currently owned by insiders. Wall Street Analyst Weigh In RGEN has been the subject of a number of recent research reports. Wolfe Research assumed coverage on Repligen in a research note on Thursday, November 14th. They set a “peer perform” rating for the company. JPMorgan Chase & Co. upped their price target on Repligen from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. Benchmark restated a “hold” rating on shares of Repligen in a research note on Monday, August 5th. UBS Group dropped their price target on Repligen from $205.00 to $185.00 and set a “buy” rating for the company in a research note on Wednesday, July 31st. Finally, Wells Fargo & Company assumed coverage on Repligen in a research note on Tuesday, August 27th. They issued an “overweight” rating and a $180.00 price target for the company. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $190.25. Read Our Latest Stock Analysis on RGEN About Repligen ( Free Report ) Repligen Corporation develops and commercializes bioprocessing technologies and systems for use in biological drug manufacturing process in North America, Europe, the Asia Pacific, and internationally. It offers Protein A ligands that are the binding components of Protein A affinity chromatography resins; and cell culture growth factor products. Featured Stories Want to see what other hedge funds are holding RGEN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Repligen Co. ( NASDAQ:RGEN – Free Report ). Receive News & Ratings for Repligen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Repligen and related companies with MarketBeat.com's FREE daily email newsletter .
Andy Murray and Novak Djokovic’s magnificent seven grand slam finalsHere, the PA news agency looks at the seven Grand Slam finals contested by the pair. Murray turned in a poor performance in Melbourne, failing at the third attempt to win a set in a Grand Slam final as Djokovic broke serve seven times and hit six aces to claim a comprehensive win 6-4 6-2 6-3. “You had an unbelievable tournament and deserved to win,” the Scot said in reference to his opponent. “I look forward to playing against you in the future.” It took five sets for Murray to claim his first Grand Slam title, becoming the first British man to achieve the feat since Fred Perry in 1936. The final clocked in at four hours and 54 minutes as Murray prevailed 7-6 (10) 7-5 2-6 3-6 6-2 to end a wait of 287 tournaments in British male tennis for a victory. “I want to congratulate Andy on his first grand slam, he thoroughly deserves it,” said Djokovic. “I really tried my best. I gave it my all. It was a tremendous match.” Congrats @DjokerNole . Incredible athlete. Perfect gentleman. #ausopen — judy murray (@JudyMurray) January 27, 2013 Murray was dogged by injury in Melbourne with a heavily strapped right foot and a tight hamstring as Djokovic fought back from a set down to land a third consecutive Australian Open title, 6-7 (2) 7-6 (3) 6-3 6-2. “His record here is incredible,” said Murray. ”Very few people have managed to do what he has done, a deserved champion.” Murray ended a 77-year wait for a British men’s victory at Wimbledon by defeating his old foe 6-4, 7-5, 6-4 in SW19, serving emphatically with nine aces and only two double faults to throw off the weight of history. The Scot had been 4-1 down in the second set as the match threatened to slip away from him and with it the chance to cement his place in tennis folklore, but having wasted three championship points he finally sealed the deal when Djokovic drove into the net with his final shot. A post shared by Novak Djokovic (@djokernole) Djokovic triumphed 7-6 (5) 6-7 (4) 6-3 6-0 and after the 24 matches and five grand slam finals the pair had played against each other across nine years, the Serb had established a 16-8 overall lead and 3-2 in slam finals. “Success is being happy,” said Murray. “It’s not about winning every single tournament you play, because that isn’t possible.” What a journey. Really grateful for everything. I'll keep working hard. Love is the key! pic.twitter.com/CrT7TYRL3O — Novak Djokovic (@DjokerNole) January 31, 2016 The Serb landed a fourth win over Murray in Australian Open finals and his 11th in 12 matches to land his 11th major title, whilst the Scot made it five consecutive final losses in Melbourne, a new record in the Open era. “I feel like I’ve been here before,” said Murray after a 6-1 7-5 7-6 (3) loss. “Congratulations Novak, six Australian Opens, an incredible feat, and incredible consistency the last year.” "This is something that’s so rare in tennis... it’s gonna take a long time for it to happen again" Andy to Novak ❤️ pic.twitter.com/LN7dW8ZJED — Roland-Garros (@rolandgarros) June 5, 2016 This was Murray’s first final at Roland Garros but it brought a familiar conclusion as Djokovic triumphed against him for the fifth time in seven Grand Slam finals. The 3-6 6-1 6-2 6-4 success was a first win for the Serb in Paris and saw him hold all four slams simultaneously. Murray went on to win Wimbledon the following month and was voted BBC Sports Personality of the Year but, addressing Djokovic in Paris, said: “This is his day today. What he’s achieved the last 12 months is phenomenal, winning all four of the grand slams in one year is an amazing achievement.”
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