Utah prides itself on being a family-friendly state, yet one of our most pressing challenges is providing accessible and affordable child care and flexible workforce arrangements to working parents. The Salt Lake Chamber recognizes that child care is not merely a personal family matter, but a crucial community and business issue influencing how, when and, for many, why we work.Child care has long been a critical issue for working families. The COVID-19 pandemic, however, exposed the vulnerabilities within our child care system and underscored the need for better support structures and family-friendly workplaces. Many parents, particularly mothers, were forced to…
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Zen42.ai and Mobii Green Energy to launch a carbon credit-based stablecoin, driving sustainable AI infrastructure globally. Source link
Over the past year, some of the wind has been taken out of the sails of Tesla (NASDAQ:TSLA) stock. After several years of explosive share price gains, the price is flat on 12-month basis. Yet with recent events including the much anticipated robotaxi reveal, I’m curious to see what the experts think regarding growth prospects for the coming couple of years. Looking at the numbers To get a feel for the stock’s growth potential, I can look at the forecast earnings per share. Typically, the share price trades at a multiple of the latest earnings. At the moment, the Tesla…
A buoyant stock market that keeps reaching new heights is making it tougher to find high-yield dividend payers. The S&P 500 reached a new all-time high on Oct 18. At recent prices, the average dividend-paying stock in the benchmark index offers an uninspiring 1.3% dividend yield.The average dividend payer in the S&P 500 index might be unappealing, but there are underappreciated businesses with ultra high dividend yields waiting for income-seeking investors to scoop them up. Ares Capital (NASDAQ: ARCC), and EPR Properties (NYSE: EPR) offer yields above 8% at recent prices.1. Ares CapitalAres Capital is the world’s largest publicly traded business…
On Monday, JPMorgan downgraded Hertz Global Holdings (OTC:), Inc. (NASDAQ:HTZ) stock from Neutral to Underweight, citing concerns over travel trends, fleet depreciation, and potential litigation costs. The firm also removed its previous price target for Hertz, pointing to the high financial leverage of the company and the uncertain outlook for used vehicle prices. According to the analyst, the downgrade reflects lower earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates, with a forecast of $325 million in 2025, down from the prior estimate of $425 million. This adjustment implies a valuation lower than the previously set December 2024 price target…
Kenvue CEO Thibaut Mongon at the New York Stock Exchange for its initial public offering, May 4, 2023.Source: NYSEActivist investor Starboard Value has a large stake in Kenvue, which spun out of Johnson & Johnson in mid-2023, according to people familiar with the matter.The activist is looking for the company to improve its share price, said the people, who requested anonymity to discuss private information freely. CNBC could not learn size of the stake nor Starboard’s specific plans. Starboard’s Jeff Smith is expected to discuss the activist’s plans for the company in detail at 13D Monitor’s Active-Passive Investor Summit on…
Image source: Getty Images Netflix (NASDAQ: NFLX) stock soared a further 10% last week after its latest Q3 earnings report released Thursday (17 October) was a blockbuster hit. Thanks to a new advertising tier and a crackdown on password-sharing, the streaming giant’s raked in record profits. The stock now looks set to skyrocket as investors anticipate even more growth in the coming months. While advertising revenue’s on the rise, it’s cautious about its impact on overall revenue next year. Nevertheless, the company’s subscriber base continues to expand, reaching a staggering 282.7 million worldwide. Operating profit margins were 29.6%, beating July…
DURHAM, N.C.–(BUSINESS WIRE)–Precision BioSciences, Inc. (Nasdaq: DTIL), a clinical stage gene editing company utilizing its novel proprietary ARCUS ® platform to develop in vivo gene editing therapies for sophisticated gene edits, today announced that it will participate in the following upcoming investor conferences. Longwood Boston CEO ConferenceDate: Monday, October 28, 2024Time: 11:10 AM ETExpanding Platform PotentialFormat: Panel Guggenheim Inaugural Healthcare ConferenceDate: Monday, November 11, 2024Time: 3:00 PM ETLocation: InterContinental BostonFormat: Fireside ChatWebcast Link: Register Here A live webcast for the Guggenheim Inaugural Healthcare Conference will also be accessible on Precision’s website in the Investors section under Events & Presentations at…
Madison Investments, an investment advisor, released its “Madison Investors Fund” third-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the third quarter, the fund (Class Y) appreciated 7.80% compared to a 5.89% return for the S&P 500 index. In the YTD, nine months period, the fund returned 16.96% compared to a 22.08% return for the index. In addition, please check the fund’s top five holdings to know its best picks in 2024.Madison Investors Fund highlighted stocks like Brookfield Asset Management Ltd. (NYSE:BAM), in the third quarter 2024 investor letter. Brookfield Asset Management Ltd. (NYSE:BAM) is…
Duke announced last week that it fulfilled its pledge to become carbon neutral by 2024, one of only 14 U.S. colleges and universities to reach the milestone. Over the past 17 years, the University has reduced its greenhouse gas emissions by 31% despite growing its physical footprint by 27% and its campus population by 24%. The achievement was made possible by reductions in energy use and investment in renewable sources, as well as the purchase of $4 million worth of “high-quality” carbon offsets. “This is a remarkable accomplishment and a critical milestone for the Duke community,” President Vincent Price said.…