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LOS ANGELES — Southern California’s notorious Santa Ana winds were predicted to return Monday night and utilities said they are prepared to cut power to hundreds of thousands of customers in areas where strong gusts could damage electrical equipment and spark wildfires. The National Weather Service issued a red flag warning for high fire risk with a rare “particularly dangerous situation,” or PDS, designation starting at 8 p.m. Monday into Tuesday for Los Angeles and Ventura counties. The last time PDS red flags went up was the first week of November, when powerful, dry winds fed the Mountain Fire, which destroyed at least 240 buildings, mostly homes, in Ventura County. Before that, a PDS red flag warning hadn’t been issued for the region since 2020. “This event has the potential to be as strong as the November 5th-6th Santa Ana event that led to the Mountain Fire,” the weather service office for Los Angeles said Sunday on social media. Southern California Edison said it was considering targeted power shut-offs for more than 250,000 homes and businesses across seven counties starting Monday evening. Meanwhile San Diego Gas & Electric said it has notified nearly 117,500 customers that they might temporarily lose service to reduce the chance of wildfires. Santa Anas are dry, warm and gusty northeast winds that blow from the interior of Southern California toward the coast and offshore. They typically occur during the fall months and continue through winter and into early spring. In Northern California, the weather service said chances were increasing for an “impactful rainfall event” late in the week for the San Francisco Bay Area.The Indiana vs. Notre Dame matchup in the first round of the College Football Playoff is the most expensive ticket on StubHub, but it's Tennessee vs. Ohio State that's selling the fastest. StubHub spokesperson Adam Budelli said Monday that the game being hosted in Columbus, Ohio, on Dec. 21 has sold 34% more tickets than the game in South Bend, Indiana, on Dec. 20. “The expanded college football playoffs are seeing early high demand, especially as we see new teams enter the competition for the first time,” Budelli said. StubHub lists tickets for sale from official event organizers, but most of its offerings are from the resale market. Here's the ticket marketplace's average CFP first-round prices as of Monday evening: 1. Indiana at Notre Dame — $733 2. Clemson at Texas — $518 3. Tennessee at Ohio State — $413 4. SMU at Penn State — $271 Get poll alerts and updates on the AP Top 25 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-football
Rokmaster Resources (CVE:RKR) Trading Down 25% – Time to Sell?Sanctuary Advisors LLC Acquires Shares of 19,925 Mobileye Global Inc. (NASDAQ:MBLY)
SoundHound AI, Inc. ( NASDAQ:SOUN – Get Free Report ) CFO Nitesh Sharan sold 57,761 shares of the company’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $20.30, for a total transaction of $1,172,548.30. Following the transaction, the chief financial officer now directly owns 1,502,650 shares of the company’s stock, valued at $30,503,795. This represents a 3.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website . SoundHound AI Price Performance Shares of SoundHound AI stock opened at $23.95 on Friday. The company has a current ratio of 2.58, a quick ratio of 2.58 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $8.86 billion, a price-to-earnings ratio of -66.53 and a beta of 3.03. SoundHound AI, Inc. has a 1-year low of $1.62 and a 1-year high of $24.98. The firm’s 50-day moving average price is $10.66 and its two-hundred day moving average price is $6.80. SoundHound AI ( NASDAQ:SOUN – Get Free Report ) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.01. SoundHound AI had a negative net margin of 163.58% and a negative return on equity of 55.58%. The firm had revenue of $25.10 million for the quarter, compared to analysts’ expectations of $23.02 million. During the same period in the prior year, the firm earned ($0.09) earnings per share. The company’s quarterly revenue was up 88.7% compared to the same quarter last year. On average, equities analysts predict that SoundHound AI, Inc. will post -0.38 earnings per share for the current fiscal year. Institutional Trading of SoundHound AI Analyst Upgrades and Downgrades SOUN has been the topic of a number of analyst reports. Barclays reissued a “neutral” rating and issued a $7.00 target price on shares of SoundHound AI in a research note on Wednesday, November 13th. HC Wainwright upped their target price on shares of SoundHound AI from $8.00 to $26.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. LADENBURG THALM/SH SH reissued a “neutral” rating and issued a $7.00 target price on shares of SoundHound AI in a research note on Wednesday, November 13th. DA Davidson reissued a “buy” rating and issued a $9.50 target price on shares of SoundHound AI in a research note on Monday, September 30th. Finally, Wedbush upped their target price on shares of SoundHound AI from $10.00 to $22.00 and gave the company an “outperform” rating in a research note on Monday, December 16th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.07. Read Our Latest Analysis on SoundHound AI SoundHound AI Company Profile ( Get Free Report ) SoundHound AI, Inc develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant. Featured Stories Receive News & Ratings for SoundHound AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoundHound AI and related companies with MarketBeat.com's FREE daily email newsletter .
WASHINGTON — Treasury Secretary Janet Yellen said her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling , as early as January 14, in a letter sent to congressional leaders Friday afternoon. "Treasury expects to hit the statutory debt ceiling between January 14 and January 23," she wrote in a letter addressed to House and Senate leadership, at which point extraordinary measures would be used to prevent the government from breaching the nation's debt ceiling — which was suspended until Jan. 1, 2025. The department in the past deployed what are known as “extraordinary measures” or accounting maneuvers to keep the government operating. Once those measures run out, the government risks defaulting on its debt unless lawmakers and the president agree to lift the limit on the U.S. government’s ability to borrow. "I respectfully urge Congress to act to protect the full faith and credit of the United States," Yellen said. FILE - U.S. Treasury Secretary Janet Yellen speaks during a visit to the Financial Crimes Enforcement Network (FinCEN) in Vienna, Va., on Jan. 8, 2024. (AP Photo/Susan Walsh, File) The news came after Democratic President Joe Biden signed a bill into law last week that averted a government shutdown but did not include Republican President-elect Donald Trump’s core debt demand to raise or suspend the nation’s debt limit. Congress approved the bill only after a fierce internal debate among Republicans over how to handle Trump's demand. “Anything else is a betrayal of our country,” Trump said in a statement. After a protracted debate in the summer of 2023 over how to fund the government, policymakers crafted the Fiscal Responsibility Act, which included suspending the nation's $31.4 trillion borrowing authority until Jan. 1, 2025. Notably however, Yellen said, on Jan. 2 the debt is projected to temporarily decrease due to a scheduled redemption of nonmarketable securities held by a federal trust fund associated with Medicare payments. As a result, “Treasury does not expect that it will be necessary to start taking extraordinary measures on January 2 to prevent the United States from defaulting on its obligations," she said. The federal debt stands at about $36 trillion — after ballooning across both Republican and Democratic administrations. The spike in inflation after the COVID-19 pandemic pushed up government borrowing costs such that debt service next year will exceed spending on national security. Republicans, who will have full control of the White House, House and Senate in the new year, have big plans to extend Trump's 2017 tax cuts and other priorities but are debating over how to pay for them. Many consumers may remember receiving their first credit card, either years ago in a plain envelope, or months ago from a smartphone app. Still other consumers may remember their newest card, maybe because it's the credit card they're now using exclusively to maximize cash back rewards or airline miles. But for most consumers, there's also a murky in-between where they add, drop and generally accumulate credit cards over time. Over the years, consumers may close some credit card accounts or leave some of their credit cards dormant as a backup form of payment, or perhaps left forgotten in a desk drawer. In the data below, Experian reveals the changes in consumers wallets in recent years. U.S. consumers, on average, carry fewer cards today than they did in 2017, when the typical wallet held 4.2 active credit cards. As of the third quarter (Q3) of 2023, consumers carried 3.9 cards on average. This average is up slightly since the early days of the pandemic, when consumers reduced their average credit card debt and number of accounts as the economy slowed. As Experian revealed earlier this year, credit card balances are still climbing, despite (and partially because of) higher interest rates. And while average balances are increasing, they are spread across fewer accounts than in recent years. Alternative financing—including buy now, pay later plans for purchases—may account for at least some of this discrepancy, as consumers gravitate toward these newer financing methods. In general, residents of higher-population states tend to carry more credit cards than those who live in states with fewer and smaller population centers. Nonetheless, the difference between the states is relatively small. Considering that the national average is around four credit cards per consumer, the four states with the fewest cards per consumer (Alaska, South Dakota, Vermont and Wyoming) aren't appreciably different, with "only" about 3.3 credit cards per consumer. Similarly, the four states on the higher end of the scale where consumers have 4.2 or more credit cards are Connecticut, Delaware, Florida, New Jersey and Rhode Island. The disparity in average credit card counts is more apparent when the population is segmented by age, thanks in part to Generation Z, many of whom have yet to receive their first credit card. The average number of credit cards for these consumers was two, less than half of what older generations keep on hand. The average number of credit cards held by each generation follows the familiar pattern seen in credit card balances, which tend to increase in a consumer's middle age. It's not surprising that the number of credit card accounts follows a similar climb throughout young adulthood and middle age, then drops off in the retirement years. No matter how many credit cards you may have at the moment, keep in mind that the number of accounts has little if any bearing on one's FICO Score. Far more important is how consumers manage those accounts. This is easily demonstrable by quickly stepping through some of the factors that affect your credit scores . Longer credit histories do tend to have a positive effect on a consumer's credit score, but it's not something you can rush. Adhering to on-time payments and managing amounts owed will go far in improving credit scores, even absent a lengthy credit history. While accounts closed in good standing remain on your credit report for 10 years, canceling your oldest credit card account still has the potential to shorten your credit history when it is eventually removed. The impact of its removal depends on any other active credit cards in your credit file. Ultimately, the number of cards a particular individual carries is a personal decision. Justifications can be found for carrying a travel rewards card, a cash back card, a balance transfer card, a card for business transactions and other types of credit cards that other consumers may not have either the need or qualifications for. However, keeping track of numerous credit cards, whether or not a consumer is actively using all of them, can be a mentally taxing exercise. Not only that, credit card fees can add up and dull the benefit of carrying several credit cards. Organized consumers can benefit greatly from a wallet full of specialized cards, but for those seeking a more zen-like financial future, some judicial pruning may be in order. Methodology: The analysis results provided are based on an Experian-created statistically relevant aggregate sampling of our consumer credit database that may include use of the FICO Score 8 version. Different sampling parameters may generate different findings compared with other similar analysis. Analyzed credit data did not contain personal identification information. Metro areas group counties and cities into specific geographic areas for population censuses and compilations of related statistical data. This story was produced by Experian and reviewed and distributed by Stacker Media. Stay up-to-date on the latest in local and national government and political topics with our newsletter.
WINNIPEG, Manitoba, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Kane Biotech Inc. (TSX- V:KNE; OTCQB:KNBIF) (“Kane Biotech”) will release its third quarter 2024 financial results after market close on Thursday, November 28, 2024. Kane Biotech management will host a conference call at 4:30 p.m. ET on December 3, 2024 to review the financial results and discuss business developments in the period. Participants must register for the call using the following link : Dec 3, 2024 Conference Call . It is recommended that you join 10 minutes before the event, though you may pre-register at any time. A webcast of the call will be available on Kane Biotech’s website at www.kanebiotech.com in the Investor section at ir.kanebiotech.com . About Kane Biotech Kane Biotech is a biotechnology company engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms. The Company has a portfolio of biotechnologies, intellectual property (66 patents and patents pending, trade secrets and trademarks) and products developed by the Company's own biofilm research expertise and acquired from leading research institutions. DispersinB®, coactiv+TM, coactiv+®, DermaKBTM, DermaKB BiofilmTM, and revyveTM are trademarks of Kane Biotech Inc. The Company is listed on the TSX Venture Exchange under the symbol "KNE" and on the OTCQB Venture Market under the symbol “KNBIF”. For more information: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Caution Regarding Forward-Looking Information This press release contains certain statements regarding Kane Biotech Inc. that constitute forward-looking information under applicable securities law. These statements reflect management’s current beliefs and are based on information currently available to management. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. These risks and uncertainties include, but are not limited to, risks relating to the Company’s: (a) financial condition, including lack of significant revenues to date and reliance on equity and other financing; (b) business, including its early stage of development, government regulation, market acceptance for its products, rapid technological change and dependence on key personnel; (c) intellectual property including the ability of the Company to protect its intellectual property and dependence on its strategic partners; and (d) capital structure, including its lack of dividends on its common shares, volatility of the market price of its common shares and public company costs. Further information about these and other risks and uncertainties can be found in the disclosure documents filed by the Company with applicable securities regulatory authorities, available at www.sedar.com . The Company cautions that the foregoing list of factors that may affect future results is not exhaustive.Hyderabad: In response to a slew of food safety violations uncovered during recent raids across the city and Telangana, the food department is organising several food safety, training and certificate (FoSTaC) sessions for food handlers and cooks at restaurants and manufacturing units in Rangareddy district. The training session is being conducted for the last few weeks. Close to 250 participants were educated on how to handle food preparation, safety precautions, hygiene and sanitary requirements as well as labelling guidelines and the key Rules and Regulations under the FSS Act, 2006. Food Safety, Training and Certification (FoSTaC) Programme The Food Safety Department has organised several FoSTaC training sessions for food handlers and cooks at restaurants and manufacturing units in Rangareddy district in the... pic.twitter.com/IJGDEDKiS4 The Telangana food department, in its release, encouraged the restaurants and food manufacturing industry to take part in FoSTaC training sessions and work towards achieving healthy and safe food. For more information on FoSTaC training sessions, contact your area food safety officer (or) the state helpline (9100105795). The Telangana food safety department has intensified its efforts to ensure hygiene in food establishments, carrying out 4,366 inspections and collecting over 3,300 food samples from restaurants, cafes, sweet shops and other premises in the Food and Beverage sector, since March, commissioner of health and family welfare, RV Karnan told Siasat.com . The department has been actively addressing hygiene issues in food outlets noting common violations such as improper labelling, unsafe consumption practices, and the lack of medical certificates among food handlers.Sanctuary Advisors LLC acquired a new stake in Limbach Holdings, Inc. ( NASDAQ:LMB – Free Report ) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,456 shares of the construction company’s stock, valued at approximately $262,000. A number of other hedge funds also recently modified their holdings of LMB. Renaissance Technologies LLC lifted its holdings in Limbach by 6.4% during the 2nd quarter. Renaissance Technologies LLC now owns 394,871 shares of the construction company’s stock worth $22,480,000 after purchasing an additional 23,700 shares during the last quarter. Wasatch Advisors LP lifted its holdings in shares of Limbach by 6.7% during the third quarter. Wasatch Advisors LP now owns 372,836 shares of the construction company’s stock worth $28,246,000 after buying an additional 23,360 shares in the last quarter. Corsair Capital Management L.P. boosted its position in shares of Limbach by 1.3% in the third quarter. Corsair Capital Management L.P. now owns 313,360 shares of the construction company’s stock valued at $23,740,000 after acquiring an additional 3,988 shares during the period. Royce & Associates LP grew its stake in shares of Limbach by 35.3% in the third quarter. Royce & Associates LP now owns 249,578 shares of the construction company’s stock valued at $18,908,000 after acquiring an additional 65,082 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Limbach by 2.2% during the third quarter. Geode Capital Management LLC now owns 238,445 shares of the construction company’s stock worth $18,068,000 after acquiring an additional 5,093 shares during the period. Institutional investors and hedge funds own 55.85% of the company’s stock. Analyst Upgrades and Downgrades A number of research analysts have issued reports on LMB shares. Stifel Nicolaus increased their target price on shares of Limbach from $108.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Roth Mkm raised their price objective on Limbach from $67.00 to $80.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Finally, StockNews.com downgraded Limbach from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th. Insider Buying and Selling In related news, Director David Richard Gaboury bought 531 shares of the firm’s stock in a transaction on Tuesday, December 10th. The shares were purchased at an average price of $94.51 per share, with a total value of $50,184.81. Following the completion of the purchase, the director now owns 2,071 shares in the company, valued at $195,730.21. This represents a 34.48 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link . 10.20% of the stock is owned by corporate insiders. Limbach Price Performance LMB stock opened at $85.90 on Friday. The company’s 50-day moving average price is $90.86 and its two-hundred day moving average price is $73.91. The firm has a market cap of $968.35 million, a P/E ratio of 39.05, a P/E/G ratio of 3.10 and a beta of 1.09. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.14. Limbach Holdings, Inc. has a 12 month low of $35.24 and a 12 month high of $107.00. Limbach ( NASDAQ:LMB – Get Free Report ) last announced its quarterly earnings data on Tuesday, November 5th. The construction company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.05. Limbach had a net margin of 5.08% and a return on equity of 20.16%. The business had revenue of $133.90 million for the quarter, compared to analysts’ expectations of $129.50 million. During the same period last year, the firm posted $0.61 earnings per share. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, analysts anticipate that Limbach Holdings, Inc. will post 2.54 earnings per share for the current fiscal year. Limbach Profile ( Free Report ) Limbach Holdings, Inc operates as a building systems solution company in the United States. It operates through two segments, General Contractor Relationships and Owner Direct Relationships. The company engages in the construction and renovation projects that involve primarily include mechanical, plumbing, and electrical services. Further Reading Five stocks we like better than Limbach Where Do I Find 52-Week Highs and Lows? Buffett Takes the Bait; Berkshire Buys More Oxy in December What Does a Stock Split Mean? Top 3 ETFs to Hedge Against Inflation in 2025 How Technical Indicators Can Help You Find Oversold Stocks These 3 Chip Stock Kings Are Still Buys for 2025 Receive News & Ratings for Limbach Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Limbach and related companies with MarketBeat.com's FREE daily email newsletter .