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winner 777 casino Franklin Resources Inc. raised its holdings in Kadant Inc. ( NYSE:KAI – Free Report ) by 1.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,510 shares of the industrial products company’s stock after buying an additional 44 shares during the quarter. Franklin Resources Inc.’s holdings in Kadant were worth $1,483,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently modified their holdings of KAI. FMR LLC boosted its holdings in shares of Kadant by 1.1% in the 3rd quarter. FMR LLC now owns 144,344 shares of the industrial products company’s stock valued at $48,788,000 after purchasing an additional 1,629 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in Kadant by 133.3% in the second quarter. Hsbc Holdings PLC now owns 3,066 shares of the industrial products company’s stock valued at $902,000 after acquiring an additional 1,752 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Kadant by 16.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 793 shares of the industrial products company’s stock valued at $268,000 after acquiring an additional 110 shares during the last quarter. Synovus Financial Corp purchased a new stake in Kadant during the third quarter valued at about $585,000. Finally, Intech Investment Management LLC acquired a new stake in Kadant during the third quarter worth about $806,000. Institutional investors and hedge funds own 96.13% of the company’s stock. Analyst Ratings Changes Separately, Barrington Research lifted their price objective on Kadant from $360.00 to $410.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. Kadant Stock Performance Shares of KAI stock opened at $350.80 on Friday. Kadant Inc. has a 52 week low of $249.51 and a 52 week high of $429.95. The company has a market cap of $4.12 billion, a PE ratio of 35.91 and a beta of 1.25. The company has a current ratio of 2.29, a quick ratio of 1.46 and a debt-to-equity ratio of 0.37. The company’s fifty day simple moving average is $374.06 and its 200-day simple moving average is $335.54. Kadant ( NYSE:KAI – Get Free Report ) last issued its earnings results on Tuesday, October 29th. The industrial products company reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.43 by $0.41. The company had revenue of $271.61 million during the quarter, compared to the consensus estimate of $266.38 million. Kadant had a return on equity of 15.10% and a net margin of 11.12%. The company’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.69 earnings per share. As a group, equities research analysts anticipate that Kadant Inc. will post 10.11 EPS for the current year. Kadant Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 9th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.36%. The ex-dividend date is Thursday, January 9th. Kadant’s dividend payout ratio (DPR) is 13.10%. Insider Activity In other news, Director Thomas C. Leonard sold 152 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $398.21, for a total transaction of $60,527.92. Following the completion of the sale, the director now owns 4,250 shares of the company’s stock, valued at approximately $1,692,392.50. This trade represents a 3.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, VP Fredrik H. Westerhout sold 600 shares of Kadant stock in a transaction on Monday, November 18th. The stock was sold at an average price of $397.25, for a total transaction of $238,350.00. Following the completion of the sale, the vice president now owns 1,437 shares of the company’s stock, valued at approximately $570,848.25. This trade represents a 29.46 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold 1,052 shares of company stock worth $416,655 over the last 90 days. Company insiders own 1.40% of the company’s stock. Kadant Company Profile ( Free Report ) Kadant Inc supplies technologies and engineered systems worldwide. It operates in three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables consisting of doctor systems and holders, doctor blades, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems. Further Reading Want to see what other hedge funds are holding KAI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kadant Inc. ( NYSE:KAI – Free Report ). Receive News & Ratings for Kadant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kadant and related companies with MarketBeat.com's FREE daily email newsletter .

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--Dec 23, 2024-- Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, announced today that it has acquired POSS Design Limited (“POSS”), a leading manufacturer of protein processing solutions headquartered in the Greater Toronto Area of Ontario, Canada. POSS designs and builds innovative mechanical separation equipment, ancillary products and turnkey systems that maximize recoverable protein yields for high volume processors of beef, pork, chicken, turkey, and other meats. POSS represents a strategic acquisition for Duravant as the company expands its investments in the rapidly growing protein sector. The best-in-class products and services offered by POSS are highly complementary and enhance Duravant’s capabilities to offer integrated automation solutions. “We are excited to welcome POSS to the Duravant family,” said Mike Kachmer, Chairman and CEO of Duravant. “Our partnership with POSS is a major step forward in our commitment to staying at the forefront of the protein industry, and we are excited about the new opportunities it will create for our customers and partners." Since 1978, POSS has been designing and building industry-leading separating solutions that increase throughput, minimize waste, and meet the growing capacity and efficiency needs of processors. Exclusively specializing in high quality mechanical separation technology, POSS has a broad range of products that provide custom solutions for a wide range of processing capacities. With engineering expertise to design turnkey systems that connect upstream and downstream equipment, POSS has established trusted relationships with many of the world’s leading protein processing brands. “We are thrilled to partner with Duravant as we embark on this new phase of growth,” said Ken Gulak, President of POSS. “Their global reach and advanced aftermarket capabilities through Duravant Lifecycle Services will allow us to expand into new markets and enhance the service we provide to our valued customers. We also are excited to collaborate with other Duravant operating companies such as Foodmate, Marelec, Henneken and Marlen.” About Duravant Headquartered in Downers Grove, IL, Duravant is a global engineered equipment company with manufacturing, sales and service facilities throughout North America, South America, Europe and Asia. Through their portfolio of operating companies, Duravant delivers trusted end-to-end process solutions for customers and partners through engineering and integration expertise, project management and operational excellence. With worldwide sales distribution and service networks, they provide immediate and lifetime aftermarket support to all the markets they serve in the food processing, packaging and material handling sectors. Duravant’s market-leading brands are synonymous with innovation, durability and reliability. For more information, visit www.duravant.com . About POSS Headquartered in Oakville, Ontario, Canada, POSS is manufacturer and service provider of innovative and highly engineered mechanical separation equipment, ancillary products and turnkey systems that maximize recoverable protein yields for high volume processors of beef, pork, chicken, turkey, and other meats. Since 1978, the company has consistently led the way in developing solutions that address the needs of animal protein processors, prioritizing quality and safety while optimizing productivity and yields. Dedicated and unwavering to delivering the highest level of customer satisfaction, POSS works closely with clients to identify the best solutions for their unique processing needs. For more information, visit www.poss-separators.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241223938688/en/ CONTACT: Eleni Yianas Vice President, Marketing Eleni.yianas@duravant.com KEYWORD: UNITED STATES NORTH AMERICA CANADA ILLINOIS INDUSTRY KEYWORD: PACKAGING ENGINEERING RETAIL MANUFACTURING OTHER MANUFACTURING FOOD/BEVERAGE MACHINERY SOURCE: Duravant LLC Copyright Business Wire 2024. PUB: 12/23/2024 01:14 PM/DISC: 12/23/2024 01:12 PM http://www.businesswire.com/news/home/20241223938688/en

Folk Maritime expands sustainability and connectivity in Middle East shippingJimmy Carter: Many evolutions for a centenarian ‘citizen of the world’A police report from 2017 released this week via a freedom of information request casts doubt on a sexual assault allegation made against President-Elect Donald Trump’s defense secretary nominee, Pete Hegseth. The accuser — whose identity is redacted — claimed Hegseth raped her in 2017 after a Republican women’s conference at a hotel in Monterey, California. According to the accuser, it happened after conference organizers went to the hotel bar after an after-party following that day’s conference events. However, the police report raised questions about the accuser’s claim, with several eyewitness accounts and surveillance video suggesting she and Hegseth had a consensual sexual encounter she was attempting to hide from her husband — who was staying with her at the same hotel along with their children. Despite the accuser saying she believed that “something may have been slipped into her drink, as she cannot remember most of the night’s events,” surveillance video obtained by police showed she appeared coherent before and after the alleged incident, and she had “locked arms” with Hegseth while smiling. An eyewitness also told police she saw the accuser flirting with Hegseth. In addition, a hotel worker saw the accuser putting her hand and arm on Hegseth and leading him towards the direction of his hotel room shortly before the alleged rape occurred, and said that Hegseth was “very intoxicated” but that she was not. The police report also said that a person who appears to be the accuser’s husband told police that after she returned to her hotel room, she said she “must have fallen asleep” somewhere. That tracked with what Hegseth independently told police the accuser said she was going to tell her husband. Revelations in the police report that cast doubt over the accuser’s rape allegation included: The accuser said she did not remember how she got in Hegseth’s hotel room, but allegedly remembered details such as Hegseth blocking the door with his body and her allegedly saying “no” a lot, and “not much else.” There was no evidence of rape, according to the police report. Earlier in the day of the alleged rape, she texted her husband numerous times about Hegseth, including that the women at the conference were “freaking drooling over him,” and that, “He talks pretty tho.” As the night progressed, she stopped responding to her worried husband’s text messages. A person whose name is redacted but appears to be the accuser’s husband told police that after the accuser returned to her hotel room, she did not have a hard time walking or and was not slurring her words. The accuser told this person she “must have fallen asleep,” and was apologetic. The accuser later told police that she remembered asking Hegseth if he had a condom. The accuser declined to conduct a “pretext” phone call with Hegseth — where she would call him with the police listening to discuss the alleged rape. A hotel worker told police he received a complaint at approximately 1:30 a.m. from two separate guests that a couple near the pool was causing a disturbance and being loud. The worker went to the pool, and said the accuser apologized for Hegseth’s actions and had put her hand and arm on Hegseth’s back, and walked him away from the pool area towards buildings 4 and 5 — where Hegseth’s room was located. The worker said Hegseth was “very intoxicated” but the accuser was “standing on her own and was very coherent.” Hotel surveillance video showed the accuser and Hegseth leaving the hotel bar together at approximately 1:15 a.m., with locked arms and headed towards the pool. An eyewitness said she saw the accuser flirting with Hegseth, and the flirting “consisted of touching of the body or arm.” The same eyewitness said she saw the accuser the next morning and that she “did not seem any different and was her normal self.” While Hegseth said he was “buzzed” but not intoxicated, he told police he was led out the bar but could not remember by whom, but described the person’s clothing, which matched the accuser’s dress. Hegseth also said he did not remember being chastised for being too loud by the pool, and that he went back to his hotel room with the accuser, but was confused as to why she stayed in his room. He said “things progressed” between himself and the accuser and that the interaction was consensual. He said they would both stop and say, “we shouldn’t do this,” but things consensually continued. He also confirmed that she asked if he had a condom. Hegseth told police that the accuser showed “early signs of regret,” and told him she would tell her husband that [she] had fallen asleep on a couch in someone else’s room — which tracks with what a person who appears to be her husband told police that she had initially told him. Megyn Kelly, a former attorney and Fox News anchor, said on her podcast about the accuser’s allegations after reading the police report, “T his smells like utter bullshit.” “All of this sounds much more consistent with a woman who had a booty call,” she said. Breitbart News spoke to Hegseth’s lawyer, Tim Parlatore, last week, who said that the accuser was the aggressor , not his client. “She took advantage of him. She led him. She was, by all accounts, both video and eyewitness, she was sober. He was drunk. She grabbed him. She took him to his room. She’s like walking arm in arm with him. And really putting it on, and she gets him into his room. And then the police honestly, when they looked at it, even though she was the one that reported it, when they looked at the video, they considered charging her,” he told Breitbart News in a phone interview on November 16. Follow Breitbart News’s Kristina Wong on ”X” , Truth Social , or on Facebook .

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TALLAHASSEE, Fla. (AP) — Luke Kromenhoek threw for 209 yards and tossed three touchdown passes as Florida State halted a six-game losing streak and routed Charleston Southern 41-7 on Saturday. Kromenhoek completed 13 of 20 passes in his first college start, including a 71-yard touchdown pass to Ja’Khi Douglas, as the Seminoles (2-9) won for the first time since Sept. 21. The true freshman also connected with Amaree Williams for a 4-yard TD and Hykeem Williams for a 10-yard TD. Florida State had the nation’s lowest scoring offense at 13.3 points. The Seminoles hadn’t scored more than 21 points or surpassed the 300-yard mark in 2024. But Florida State overwhelmed FCS Charleston Southern (1-11), accumulating 415 offensive yards. Kaleb Jackson completed 22 of 32 passes for 218 yards, including a 7-yard touchdown pass to Landon Sauers, and an interception for the Buccaneers. The takeaway Charleston Southern: While the Buccaneers found some success through the air, they couldn’t sustain drives and managed just 57 rushing yards on 29 carries. Florida State: The Seminoles picked up a season-best 176 rushing yards, scoring 17 points in the second quarter and 14 points in the third quarter to take control. Up next Charleston Southern’s season is over. Florida State plays host to Florida on Nov. 30. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25The Detroit Lions will play without two high draft picks in rookie cornerbacks Terrion Arnold and Ennis Rakestraw Jr. while possibly getting back veteran Emmanuel Moseley against the host Indianapolis Colts on Sunday. Arnold was downgraded Saturday from questionable to out because of a groin injury. He was limited at practice on Thursday and participated in a full practice on Friday. The Lions drafted Arnold with the 24th overall pick of the 2024 NFL Draft out of Alabama. Arnold, 21, has started all 10 games and has 38 tackles and six passes defended. Rakestraw (hamstring) was placed on injured reserve after not practicing all week. He already had been ruled out for Sunday's game. Detroit picked Rakestraw in the second round (61st overall) out of Missouri. He has played in eight games and has six tackles. Rakestraw, 22, has played on 46 defensive snaps (8 percent) and 95 special teams snaps (42 percent). Moseley had full practice sessions all week and was activated from injured reserve on Saturday but was listed as questionable for Sunday. The 28-year-old is in his second season with Detroit and appeared in one game last season before going on IR in October 2023. He was placed on IR on Aug. 27 with a designation to return. Moseley played from 2018-22 for the San Francisco 49ers and had 162 tackles, four interceptions -- one returned for a touchdown -- and 33 passes defensed in 46 games (33 starts). Detroit elevated linebacker David Long on Saturday for game day. Long, 28, signed with the practice squad on Tuesday after the Miami Dolphins released him on Nov. 13. He had started six of eight games for the Dolphins this season and had 38 tackles. In other Lions news, the NFL fined wide receiver Jameson Williams $19,697 for unsportsmanlike conduct for making an obscene gesture during a touchdown celebration in last Sunday's 52-6 home win over the Jacksonville Jaguars, the NFL Network reported Saturday. Williams, 23, scored on a 65-yard pass from Jared Goff with 12:55 remaining in the third quarter. --Field Level MediaTT Electronics (LON:TTG) Share Price Crosses Below 200 Day Moving Average – Time to Sell?