Freshpet Inc (NASDAQ:) stock soared to a 52-week high of $144.48, reflecting a remarkable year of growth for the company. The premium pet food producer has seen its shares surge, with a 1-year change showing an impressive 152.91% increase. This surge in stock price underscores the strong demand for Freshpet’s natural and refrigerated pet food products, as pet owners increasingly seek healthier options for their furry companions. The company’s commitment to quality and innovation has evidently resonated well with consumers and investors alike, propelling the stock to new heights over the past year. In other recent news, Freshpet’s anticipated third-quarter…
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TICO Manufacturing, a division of Terminal Investment Corporation, will invest an additional $1.6 million and adding 38 jobs at the Cypress Ridge Industrial Park, located in Ridgeland, South Carolina. The company’s expansion is focused on a remanufacturing and repair operation that will include converting TICO terminal diesel trucks to electric. The project will occur over the next 18 months.“TICO is pleased to announce our expansion in Ridgeland with the acquisition of an existing facility to be upfitted and modernized at Cypress Ridge Industrial Park,” said Jim Grooms, Division President of TICO Manufacturing. “We would like to thank the town of…
Expert Finds Trump’s Tax Proposal Drains Money From 95% Of Households And Funnels It To The Top 5%, Widening Wealth GapFormer President Donald Trump’s proposed tax plan has stirred up fresh controversy. A new analysis shows that it could provide substantial tax cuts for the nation’s wealthiest while burdening the rest with tax increases by 2026.According to a recent Institute on Taxation and Economic Policy (ITEP) report, the top 1% of earners could enjoy an average tax cut of over $36,300. In comparison, the next 4% would see cuts averaging $7,200. Meanwhile, 95% of Americans could face tax hikes ranging…
Image source: Getty Images Some FTSE 100 stocks regularly grab the headlines and yet struggle to create wealth for their investors. Others quietly deliver. Today, I’m looking at two of the latter that have been massively outperforming the index. Top stock Shares in clothing and homewares retailer Next (LSE: NXT) have been on a tear, rising 43% in the last 12 months and 26% in 2024 so far. This compares (very) favourably to the FTSE 100 gains of 8% and 7% respectively. The firm’s most recent update provides me with a snapshot of why things are going so well. In…
Investing to generate carbon credits is yet to scale in Africa, in part due to a lack of appetite among developed market buyers, according to panellists at AVCA’s Sustainable Investing in Africa Summit. “They are a massive opportunity”, said Josep Oriol-Bosch, managing partner of Okavango Capital Partners. “They are very good way to generate flows of capital from those polluting countries to the global south.” Carbon credits are increasingly playing a role in natural capital investment strategies. More than 50 firms have strategies seeking to deliver carbon sequestration through natural means, according to research from consultant Bfinance. Just Climate and Ardian brought their…
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – The Brazilian government is preparing to roll out measures to curb mandatory spending after a second round of municipal elections at the end of the month, two Finance Ministry officials told Reuters. President Luiz Inacio Lula da Silva has focused largely on restoring the country’s fiscal balance with more tax revenue since he took office last year. However, the sources say his government is now looking at spending controls to hit budget targets and stabilize gross debt below 80% of gross domestic product (GDP). Investors and private economists have been skeptical…
Pharmacy Technician Day, celebrated this year on October 15, is a time to honor the dedicated professionals who play a vital role in our health care system. Pharmacy technicians ensure the smooth and safe operation of pharmacies and provide critical support to pharmacists and patients alike. Organizations such as the Pharmacy Technician Certification Board (PTCB) celebrate these professionals every day and highlight the employers who invest in their growth and success. These employers understand that by supporting their technicians, they are enhancing patient care and building a stronger, more resilient health care system.Image credit: Nikish Hiraman/peopleimages.com | stock.adobe.comBREMO PHARMACY: A…
The Voluntary Carbon Credit Market will expand at a 27.4 percent CAGR from 2023 to 2032, attributed to government regulations and global initiatives incentivizing businesses to offset their carbon footprints, according to GM Insights. With an increasing emphasis on environmental responsibility and achieving carbon neutrality, companies seek to participate in carbon credit programs. Regulatory frameworks and international agreements create a conducive environment for businesses to adopt sustainable practices, contributing to the substantial expansion of the VCC industry as organizations align with global efforts to address climate change. Organizations and governments are collaboratively taking measures to bolster the voluntary carbon credit…
Image source: Getty Images A sustained recovery in the aviation industry has powered Rolls-Royce (LSE:RR) shares through the stratosphere. The engineer’s shares are up 151% in the past year alone. With a profits-boosting restructuring continuing, too, I wouldn’t be surprised if the Rolls share price keeps on rising. City analysts are forecasting strong earnings growth all the way to 2026, which, if correct, could underpin further price gains. YearAnnual earnings per shareAnnual growth202417.98p31%202521.16p18%202624.62p16% That said, there are also potential stormclouds coming the company’s way. And with a forward price-to-earnings (P/E) ratio of 30 times, signs of weakness could cause the…
Scotiabank has reiterated its Sector Perform rating and $6.50 price target for Fortuna Silver Mines (NYSE: NYSE:), following the company’s Q3 production report. The report showed that Fortuna Silver (TSX:) Mines produced 110.8 thousand gold-equivalent ounces, which was nearly in line with the estimated 111.0 thousand ounces. Gold production was slightly below expectations at 91.3 thousand ounces compared to the anticipated 91.8 thousand ounces, marking a minor 1% shortfall. Silver output, on the other hand, was significantly lower than expected, with 0.82 million ounces produced against the estimate of 1.15 million ounces, a 29% decrease. However, the production of zinc…