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Man who set off makeshift bomb outside Alabama attorney general's office sentenced to nine years
Cerity Partners LLC lifted its holdings in shares of Roblox Co. ( NYSE:RBLX – Free Report ) by 434.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 94,973 shares of the company’s stock after acquiring an additional 77,192 shares during the period. Cerity Partners LLC’s holdings in Roblox were worth $4,204,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors also recently made changes to their positions in RBLX. V Square Quantitative Management LLC bought a new stake in shares of Roblox during the third quarter worth about $27,000. Frazier Financial Advisors LLC increased its position in shares of Roblox by 20,800.0% during the third quarter. Frazier Financial Advisors LLC now owns 627 shares of the company’s stock worth $28,000 after acquiring an additional 624 shares in the last quarter. PARK CIRCLE Co purchased a new position in Roblox during the second quarter worth about $30,000. Strategic Financial Concepts LLC purchased a new position in Roblox during the second quarter worth about $33,000. Finally, Gilliland Jeter Wealth Management LLC boosted its holdings in Roblox by 102.4% during the second quarter. Gilliland Jeter Wealth Management LLC now owns 1,000 shares of the company’s stock worth $37,000 after purchasing an additional 506 shares during the last quarter. 91.08% of the stock is owned by institutional investors. Wall Street Analyst Weigh In Several research analysts recently weighed in on RBLX shares. BMO Capital Markets restated an “outperform” rating and set a $62.00 price target (up from $56.00) on shares of Roblox in a report on Friday, November 1st. Macquarie boosted their price target on shares of Roblox from $50.00 to $58.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Wells Fargo & Company boosted their price target on shares of Roblox from $54.00 to $58.00 and gave the stock an “overweight” rating in a report on Friday, November 1st. Morgan Stanley upgraded shares of Roblox from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $38.00 to $65.00 in a report on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Roblox from $45.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Seven equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $55.30. Insider Buying and Selling In related news, CAO Amy Marie Rawlings sold 3,601 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $49.32, for a total transaction of $177,601.32. Following the sale, the chief accounting officer now owns 81,407 shares of the company’s stock, valued at approximately $4,014,993.24. This represents a 4.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . Also, insider Manuel Bronstein sold 15,380 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $45.00, for a total transaction of $692,100.00. Following the sale, the insider now directly owns 712,105 shares in the company, valued at $32,044,725. This trade represents a 2.11 % decrease in their position. The disclosure for this sale can be found here . In the last 90 days, insiders have sold 1,013,607 shares of company stock valued at $48,434,122. Company insiders own 22.15% of the company’s stock. Roblox Stock Performance NYSE RBLX opened at $50.15 on Friday. The company’s 50 day moving average is $46.35 and its 200-day moving average is $41.46. Roblox Co. has a 12-month low of $29.55 and a 12-month high of $55.10. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 5.64. The firm has a market cap of $30.47 billion, a P/E ratio of -30.58 and a beta of 1.56. Roblox ( NYSE:RBLX – Get Free Report ) last posted its quarterly earnings results on Thursday, October 31st. The company reported ($0.37) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.02. The company had revenue of $919.00 million for the quarter, compared to analyst estimates of $1.02 billion. Roblox had a negative net margin of 30.90% and a negative return on equity of 986.36%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.45) earnings per share. Sell-side analysts predict that Roblox Co. will post -1.56 earnings per share for the current year. Roblox Company Profile ( Free Report ) Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform. Further Reading Want to see what other hedge funds are holding RBLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roblox Co. ( NYSE:RBLX – Free Report ). 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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
An old African proverb says, “It takes a village to raise a child.” The same can be said about the biodiversity and megafauna that make African safaris a $12 billion industry. Our African adventure began in Tanzania , where the rain falls on Africa’s largest mountains and flows into the Rufiji River. Along Its journey, it collects minerals as it passes through Nyere, the largest national park in Africa. Those minerals feed the plankton, which, in turn, feed massive whale sharks and tiny coral polyps. All life connects, and biodiversity bonds it together. An Ethical Excursion Our safari guide, Cathbert, stopped the jeep by the side of a muddy rut and said, “Look, rhino tracks.” Ngorongoro Crater in Tanzania is one of the few places in Africa where wild rhinos roam. Every passing animal left footprints in the mud, but the rhinos’ were bigger and deeper than the rest. Cathbert illustrated biodiversity as we drove by Maasai villages around Ngorongoro. “The Maasai have cows to eat the green grass when the rains come, but they need goats and sheep to eat the brown grass during the dry times.” On the Serengeti, Cathbert told us about the great migration of the wildebeest . It’s the largest mammal migration on Earth, where the herd travels 800 kilometers across the park in search of green grass. Only a park this large could sustain these wildebeest herds. These herds, in turn, feed the lions and leopards. We were careful when booking tour companies. Altezza, our African safari operator , practices social responsibility , actively supporting projects that protect the Serengeti from poachers. Altezza also provides industry-leading contracts to their guides. Cathbert said he switched to Altezza during COVID because their guaranteed contract allowed him to support his family. We were equally cautious about whale shark encounters , selecting Kitu Kiblu on Mafia Island, situated at the mouth of the Rufiji River off Tanzania’s east coast. When the trade winds shift, they blow the nutrient-rich waters of the Rufiji to the Mafia coast, which attracts a seasonal population of whale sharks. We dined with Kitu Kiblu ’s founder, Jean de Villiers, Ph.D., after a breathtaking day of swimming with whale sharks. He is the “conservation half” of the Chole Mjini Conservation and Development Company , which owns Kitu Kiblu. His wife Anne is the “development half.” He explained the Chole Mjini projects go beyond sustainable travel and into regenerative travel that aims to improve the habitat of these magnificent creatures. Chole Mjini’s active projects are far-reaching. Interns participate in the global whale shark spot-pattern photo identification project, bat conservation, and coral and mangrove propagation. In addition, they run local projects such as building a kindergarten, primary school, medical center, women’s center, and a scholarship program. Of all his accomplishments, Dr. de Villiers is most proud of being a coral farmer. He explained how Chole Minji is a corporate sponsor of Ropes of Hope ‘s Nongovernmental Organization, which works to restore the coral around Mafia Island and protect oceans worldwide. ‘The Monetization of Biodiversity’ The Mafia Island Marine Park protects 822 square kilometers of ocean, roughly half the size of the Serengeti National Park. Here, whale sharks feed at the surface from October to March. Whale sharks can cover more than 20,000 kilometers — two and a half times longer than the wildebeest migration — through international waters with no legislative protection. De Villiers estimated nearly 40% of the Earth’s surface needs to be protected if nature as we know it is to persist. Then he asked the million-dollar question, “Who is going to pay to conserve 40% of the surface of the Earth as wilderness?” De Villiers answered his rhetorical question: “The only thing I can think of that can pay for that is the monetization of biodiversity.” He believes environmental DNA (eDNA), the genetic material left by organisms in the environment, is the most promising way to objectively and cost-effectively measure biodiversity. This strategy will, in turn, give policymakers the necessary information to pass legislation mandating the offset of biodiversity destruction. Coral reefs, like the ones inside the Mafia Island Marine Park, are among the most biologically diverse ecosystems on the planet. De Villiers explained that automated DNA sequencing machines can analyze 100,000 base pairs/residues of DNA per minute by amplifying and sequencing specific genetic markers. AI processes the back-end data, making it possible to see which species move in or out of the reef. The difficulty comes in establishing ground truth for the data, which is where Ropes of Hope comes in. The project places mobile coral nurseries from the eDNA collection points at precise intervals. Introducing a new species allows de Villiers and his coworker Nici Schroeter to calibrate eDNA models using stereographic imagery, baited remote underwater video, and linear sampling in a rigorously controlled environment. “In the end, I would like the small island communities to benefit from the monetization of biodiversity so that they actually get paid to continue to live in their islands the way they do,” mused de Villiers. “Instead of fishing them to death, just fish for their own means and conserve the rest.” The Mafia Island Marine Park was established almost 30 years ago to protect some of the most intact and diverse coral reefs in the Indian Ocean. Softened environmental protections during COVID only compounded the recent El Nino-driven mass coral bleaching event and Cyclone Hidaya. However, Ropes of Hope trains local fishers to dive and grow corals, raising awareness of the reefs’ economic importance to Mafia Island. They recently established the Coral Conservation Club at a secondary school on the small island of Jibondo. “Most of these young people would be fishing on the fishing boats you see out there. Just having them trained and participating, they are really changing the way people see coral.” De Villiers continued, ”Because many older people on these islands still think of coral as rock, and now they are realizing that it grows and, if you don’t look after it, it dies in the nursery. You gotta look after it like any other animal. If you feed it and look after it, you can get something from it.” We came to Tanzania to see the big game animals in the National Parks and to swim with whale sharks in the Mafia Island Marine Park. The megafauna brought us in, but we quickly learned that those animals couldn’t exist without rich biodiversity and expansive protected areas. Expert guides use footprints to track game across the parks, just like modern technology can track the genetic footprints of biodiversity on coral reefs. That knowledge is essential for the continued health of the animals of Africa and worldwide. This article was produced by Media Decision and syndicated by Wealth of Geeks .
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