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NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Insight Acquisition Corp. (NASDAQ: INAQ) announced today that its stockholders have approved an extension of the time period by which the Company has to consummate an initial business combination (the “Business Combination Period”) from December 7, 2024, to March 7, 2025 (the "Extended Termination Date"). The extension was made through the adoption of the Fourth Extension Amendment to the Company’s amended and restated certificate of incorporation (the “Charter”), which was filed today with the Delaware Secretary of State. Adoption of the Fourth Extension Amendment required approval by the affirmative vote of at least 65% of the Company’s outstanding shares of common stock. The proposal was approved by the Company’s stockholders holding 4,950,037 shares, representing approximately 75.93% of the Company's outstanding shares of common stock. About Insight Acquisition Corp. Insight Acquisition Corp. (NASDAQ: INAQ) is a special purpose acquisition company formed solely to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Insight Acquisition Corp. is sponsored by Insight Acquisition Sponsor LLC. For additional information, please visit insightacqcorp.com. About Alpha Modus Alpha Modus is engaged in creating, developing and licensing data-driven technologies to enhance consumers' in-store digital experience at the point of decision. The company was founded in 2014 and is headquartered in Cornelius, North Carolina. Alpha Modus is party to a business combination agreement with Insight Acquisition Corp. ( INAQ ) whereby Alpha Modus plans to become a publicly trading company (the “Business Combination”). For additional information, please visit alphamodus.com . Contacts: Insight Acquisition Corp. Chelsea Saffran csaffran@Insightacqcorp.com Alpha Modus Shannon Devine MZ Group +1(203) 741-8841 shannon.devine@mzgroup.usBurlington Stores ( NYSE:BURL – Free Report ) had its price objective lowered by Barclays from $327.00 to $317.00 in a research note issued to investors on Wednesday morning, Benzinga reports. The firm currently has an overweight rating on the stock. BURL has been the topic of several other reports. Evercore ISI upped their price objective on shares of Burlington Stores from $300.00 to $315.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Morgan Stanley increased their price target on shares of Burlington Stores from $284.00 to $300.00 and gave the stock an “overweight” rating in a report on Friday, August 30th. Telsey Advisory Group restated an “outperform” rating and set a $310.00 price objective on shares of Burlington Stores in a research report on Tuesday. Bank of America upped their target price on shares of Burlington Stores from $275.00 to $315.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Finally, Loop Capital increased their target price on Burlington Stores from $270.00 to $345.00 and gave the company a “buy” rating in a research note on Friday, August 30th. Two analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average target price of $307.69. View Our Latest Research Report on BURL Burlington Stores Stock Down 2.2 % Burlington Stores ( NYSE:BURL – Get Free Report ) last posted its earnings results on Tuesday, November 26th. The company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.53 by $0.02. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. The business had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same period in the previous year, the business earned $0.98 earnings per share. The firm’s revenue was up 10.5% on a year-over-year basis. Equities research analysts expect that Burlington Stores will post 7.9 earnings per share for the current fiscal year. Insider Activity at Burlington Stores In related news, Director Paul Sullivan sold 1,705 shares of the company’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $277.05, for a total transaction of $472,370.25. Following the completion of the sale, the director now directly owns 7,393 shares in the company, valued at $2,048,230.65. This represents a 18.74 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link . 0.91% of the stock is currently owned by company insiders. Institutional Investors Weigh In On Burlington Stores A number of large investors have recently added to or reduced their stakes in BURL. Crewe Advisors LLC purchased a new stake in Burlington Stores in the second quarter worth $25,000. RPg Family Wealth Advisory LLC bought a new position in Burlington Stores in the 3rd quarter worth $26,000. Brooklyn Investment Group purchased a new stake in shares of Burlington Stores in the 3rd quarter worth about $33,000. ORG Partners LLC bought a new stake in shares of Burlington Stores during the 2nd quarter valued at about $38,000. Finally, Blue Trust Inc. increased its position in shares of Burlington Stores by 619.2% during the second quarter. Blue Trust Inc. now owns 187 shares of the company’s stock valued at $43,000 after buying an additional 161 shares during the period. Burlington Stores Company Profile ( Get Free Report ) Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products. Read More Five stocks we like better than Burlington Stores Health Care Stocks Explained: Why You Might Want to Invest The Latest 13F Filings Are In: See Where Big Money Is Flowing Consumer Discretionary Stocks Explained 3 Penny Stocks Ready to Break Out in 2025 CD Calculator: Certificate of Deposit Calculator FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for Burlington Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burlington Stores and related companies with MarketBeat.com's FREE daily email newsletter .Would you watch a foreign film dubbed with AI to sound like the original actors?
Historic College Football Stadium Blanketed in Snow on SaturdayPENN LAIRD — Brady Hoover isn’t one who enjoys the spotlight. The Spotswood senior pitching ace prefers to keep to himself and doesn’t enjoy having the attention of everyone around him. However, the attention was all on Hoover on Thursday afternoon at SHS as he signed his letter of intent to play baseball at Longwood University next season. While the environment isn’t to his liking, Hoover couldn’t help but crack a smile and be appreciative of his family, friends, and coaches being in attendance for the special day. “It’s still an extremely special moment to me,” Hoover said. “It means a lot. Even though I hate these kinds of environments, I don’t like speaking out in front of everyone, it’s still extremely special.” Hoover visited a number of different colleges, but the first time he visited Longwood, he knew it was where he wanted to be. “All the other visits felt a little shaky,” Hoover said. “This one truly felt like home. I love the coaching staff, love the guys there. I just love everything about Longwood.” Hoover had many people to thank who have played integral parts in his journey and helped him achieve a childhood dream of playing baseball at the collegiate level. One of those include Spotswood head coach Marcus Davis, who Hoover said has been one of his greatest mentors. “I see him as part of family, honestly,” Hoover said. “I’m with him almost every day and he’s taught me a lot about pitching. He’s a great guy.” Seeing one of his players sign with a D-1 school is why Davis coaches. It’s his job, he said, to help develop players and push them to reach their full potential. When it comes to Hoover, Davis didn’t have any doubts on what he could achieve. “It’s never been a shadow of a doubt what he wanted to attain and then along the way, he’s learned how to put the work in to get where he is today,” Davis said. “I don’t want to take any credit for that. I just do my small piece of helping develop Brady. He’s got to do all the hard work, and he’s done that. I’m super excited for him.” Over the course of Hoover’s career, Davis said he learned to put in work independently, and believes that played a key role in leading him to the sport’s next level. “It’s been cool to see him embrace the game, fall in love with the game, and put time in without anybody having to force him to do it,” Davis said. “I think that’s what makes a difference between a Division I athlete and a kid that’s just out there playing the game.” When Hoover entered the Trailblazers varsity program as a freshman, he had the talent on the bump, but didn’t have the mental game he needed. Over time, Hoover said he’s been able to grow in that aspect and it’s made him into the player he is today. “My coaches have always talked me through it,” Hoover said. “Always told me that I needed to have confidence in myself. I finally gained that.” Davis said Hoover has always had calmness on the field, and believes his confidence is exuded through lack of emotion. It took awhile for Davis to learn that about Hoover as it initially came off as a nonchalant attitude. When in reality, Davis said that’s just how Hoover performs to his best. “Some guys demonstrate more antics, that’s not Brady,” Hoover said. “He’s just calm, cool, collected, and just goes about his business. He’s kinda always had that, but he’s matured in how he applies and how competitive he still is without showing all that outward emotion.” Hoover knows Longwood is in his future, but he still has one year remaining with the Blazers. In his final year suiting up for Spotswood, Hoover hopes they can make a name for themselves and silence any doubters on what they can accomplish. “Everyone sees us as, ‘Oh, that 2021-2022 team,’” Hoover said. “No. We have different goals. We have better goals. I see us going for a state championship run this year.”
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FAIRVIEW, N.C. (AP) — Vice President-elect JD Vance on Friday assured residents of western North Carolina still cleaning up from Hurricane Helene that they haven't been forgotten as he surveyed storm wreckage and talked to first responders in one of his first public appearances since the election. Vance said he was visiting because the holidays are approaching and he wants to provide some comfort to those affected by the hurricane as they go about trying to rebuild their homes and livelihoods. “My simple message to the people of Appalachia is that we haven’t forgotten you — we love you,” said Vance, who made a name for himself writing about the region in his memoir “Hillbilly Elegy.” He added, “Certainly when this administration changes hands in the next 45 days, we’re going to do everything that we can to help people rebuild, to get them back on their feet, to bring some commerce back to this area, but, most importantly, to allow people to live in their homes.” The hurricane struck in late September and caused at least $53 billion in damage in North Carolina, according to a state government estimate. More than 100 North Carolina residents died from the storm, which the state estimates damaged over 120,000 homes, at least 6,000 miles (9,700 kilometers) of roads and over 160 sewer and water systems. The incoming vice president and his wife, Usha, visited the Fairview Volunteer Fire Department, where they heard that the building flooded with 4 to 6 inches of water and that roughly a dozen people contracted walking pneumonia as they responded to the hurricane's destruction. Power outages meant that some first responders and their families could not check in on each other for several days. At least one firefighter lost his life while trying to save lives in the storm. Vance also toured a two-story house that is being rebuilt after the storm. The construction is being undertaken by Samaritan's Purse, an evangelical Christian charity led by Franklin Graham, son of the late pastor Billy Graham, who was known for his close relationships with U.S. presidents. “We want you to have the best Christmas as you possibly can have, despite the circumstances,” he said in a message to residents while speaking to reporters after touring the damaged home. More than 60% of voters in Buncombe County, where Vance visited Friday, backed Vice President Kamala Harris, the Democratic nominee, in November's presidential election. Liberal-leaning Asheville is known for its vibrant arts scene and the Biltmore Estate tourist attraction. The city’s arts district faced substantial damage from Helene. But the majority of North Carolina voters supported President-elect Donald Trump, and he generally fared better among voters hurt by Hurricane Helene. The Republican gave a blistering critique of the Biden administration's relief efforts, which President Joe Biden characterized as “un-American” misinformation. AP VoteCast, an extensive survey of the electorate, found that 26% of North Carolina voters said the hurricane affected their lives by damaging their homes, causing extended power outages or interfering with their ability to cast a ballot. Trump won 53% of those voters. Vance has largely stayed out of the public eye since the Nov. 5 election aside from shepherding Trump's Cabinet nominees around Capitol Hill. Vance defended Pete Hegseth after his tour of the region, saying that Trump's defense secretary nominee deserved a Senate confirmation hearing rather than a “sham hearing before the American media” over allegations of sexual assault and excessive drinking of alcohol. The incoming vice president also said he did not know whether he would be escorting Kash Patel, Trump's pick for FBI director, around the Senate next week. In North Carolina, state lawmakers have already allocated more than $900 million in disaster relief, but Gov. Roy Cooper has sought at least $3.9 billion. The Democratic governor and other state leaders have asked the federal government for $25 billion in aid. Hundreds of miles of roads have been reopened and water systems are back online, but the work has been slow-going. More than 100,000 western North Carolina residents were told just two weeks ago that they could once again use water coming out of Asheville’s water system to bathe and to drink from the faucet. A destroyed water system in at least one isolated county could take years to rebuild. Many Republicans and residents were critical of the initial recovery operations by the federal government and Cooper’s administration. Housing for displaced residents for the winter has become a concern, and some allies of Cooper have blamed GOP lawmakers for failing to provide grants to small businesses at risk of failing and housing renters faced with eviction. Darlene Superville And Gary Robertson, The Associated PressTrump's nominee for attorney general a longtime ally