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Carol Sheaves of Moncton, N.B., who has worked for five decades in Canada, says it's not fair that retirees like her won't get the government's newly proposed rebate cheques. Although she considers the $250 payments "a freaking joke" that won't help much with skyrocketing costs, she feels seniors who have worked for so many years deserve it too. "I've paid dues, taxes, whatever, since I was about 17 years old. That's a long time to pay taxes, to help out the economy in this country," Sheaves, 67, said in a video interview with CTVNews.ca on Monday. She worked administrative jobs and owned a couple small businesses with her 70-year-old husband Frank before they both retired. "We worked all our lives, and I think we're entitled to that and more." Sheaves says she and Frank have been receiving Canada Pension Plan (CPP) and Old Age Security (OAS) payments, a small work pension and returns on their investments. While she doesn't consider herself to be in serious financial trouble, she said rent has increased by about $300 to more than $1,600 since she and her husband sold their home and began renting an apartment in Moncton. They are watching their money carefully and always look out for discounts for groceries, she added. "When we retired, we figured we had sufficient funds to put aside to help with our retirement," Sheaves said. "But of course, the world has gone crazy. Like everything, the prices have gone up." The federal government announced last week a two-month GST/HST break on certain goods, as well as plans in April to give Canadians who made $150,000 per year or less in 2023 a "Working Canadians Rebate" of $250. Both measures are expected to cost a total of $6.3 billion. While the tax break on some goods applies to anyone, Sheaves was among the seniors who expressed their frustrations to CTVNews.ca about not being among the 18.7 million Canadians who are expected to qualify for the government's planned rebate. When asked why rebate cheques were not being given to seniors who are not working or those with disabilities, Prime Minister Justin Trudeau said working Canadians were making their voices heard about needing financial support. In any case, Sheaves questions whether the cheques will be that helpful since many Canadians will struggle more over Christmas and won't get the rebate until spring. She especially worries for young people, the poor and homeless. "It's getting harder and harder for a person to survive," she said. "It's just not fair. I really, really feel bad for the young people. I feel bad for us too, but the young people, they have not got a chance." When asked whether the proposed measures could be focused on helping youth instead, given the high youth unemployment in the country, the government pointed to the spillover benefits of the cheques. Women and Gender Equality and Youth Minister Marci Ien told CTV Question Period host Vassy Kapelos in an interview that aired Sunday that entire families are saving money and benefiting from the tax break and rebate. Bill Cole of Toronto called the exclusion of retired seniors a "discriminatory insult," noting they live on fixed incomes. "Retired seniors represent a significant voting bloc and many are facing significant affordability issues as inflationary pressure eat away at our retirement income," Cole wrote in an email to CTVNews.ca on Nov. 22. Anita Reilander of Calgary wonders why people who earn more, including those making up to $150,000, will get the benefit. "If those people can't make ends meet on those earnings, they need financial training, not extra money," she wrote in an email to CTVNews.ca on Nov. 22. She said the $250 would be put to good use by seniors living on pensions of around $20,000. With files from CTV News Ottawa News Bureau's Stephanie Ha and CTVNews.ca Managing Producer Kendra Mangione CTVNews.ca Top Stories 'It's just not fair': Retirees speak out on being excluded from federal rebate cheques Carol Sheaves of Moncton, N.B., says it's not fair that retirees like her won't get the government's newly proposed rebate cheques. Sheaves was among the seniors who expressed their frustrations to CTVNews.ca about not being eligible for the $250 government benefit. Canada Post says progress 'limited' at negotiating table as strike continues Canada Post says they have made 'limited progress' with the union at the negotiating table 11 days after the strike began. Montreal mayor says Friday pro-Palestinian protests were taken over by 'professional vandals' Montreal Mayor Valérie Plante told journalists 'professional vandals' took over protests and smashed windows at the Palais des Congres. Justin Trudeau defends spending record on military amid fresh criticism Prime Minister Justin Trudeau is defending his government's record on supporting national defence, following fresh criticism that Canada is failing to live up to its NATO defence-spending commitments. CEOs demand changes to Liberals' military spending plan The federal government risks jeopardizing the economy unless it meets its NATO military alliance spending obligations within the next five years, says the Business Council of Canada. Warren Buffett gives away another US$1.1B and plans for distributing his US$147B fortune after his death Investor Warren Buffett renewed his Thanksgiving tradition of giving by announcing plans Monday to hand more than US$1.1 billion of Berkshire Hathaway stock to four of his family's foundations, and he offered new details about who will be handing out the rest of his fortune after his death. U.S. driver makes wrong turn to Canadian border, gets arrested for unlawfully possessing a gun A 62-year-old man from the U.S., who took a wrong turn to the Canadian border thanks to his GPS device, is now facing a firearms-related charge. Toronto mother now facing murder charge in death of four-month old baby Toronto police say they have charged a mother with second-degree murder following the death of her infant, who was found with critical injuries in midtown Toronto last week. 'Embarrassing:' NHL team ditches bus and walks to Scotiabank Arena amid gridlock The Utah Hockey Club got the full Toronto experience Sunday night ahead of their first-ever matchup against the Maple Leafs—bumper-to-bumper traffic that forced the team to walk to the game. Vancouver Canadian border agents seize 246 kilos of cocaine in B.C. Canadian border officials in British Columbia have seized nearly a quarter-tonne of cocaine that was coming into the province in three separate smuggling incidents in recent weeks, according to the agency. Vancouver Whitecaps drop head coach Vanni Sartini Two weeks after the Vancouver Whitecaps’ playoff run ended in the first round, the team has fired head coach Vanni Sartini. Orcas surprise ferry passengers in Vancouver's False Creek The people aboard a ferry in Vancouver were treated to a rare sight Sunday. Toronto Toronto mother now facing murder charge in death of four-month old baby Toronto police say they have charged a mother with second-degree murder following the death of her infant, who was found with critical injuries in midtown Toronto last week. 'Embarrassing:' NHL team ditches bus and walks to Scotiabank Arena amid gridlock The Utah Hockey Club got the full Toronto experience Sunday night ahead of their first-ever matchup against the Maple Leafs—bumper-to-bumper traffic that forced the team to walk to the game. 'That was freaking awesome': Toronto Blue Origin crew member describes out-of-this world experience A Toronto man who flew into space last week as part of Blue Origin’s latest rocket launch says the experience 'defies description.' 'I’m still processing,' Henry Wolfond told CTV News Toronto in an interview Monday morning. 'Tears were sort of continuously behind my eyes (this weekend). And I don't know if it was from experiencing that breathtaking view and the feeling of weightlessness or that it was over.' Calgary Calgary's Green Line discussions focus on alignment Premier Danielle Smith says she is continuing to meet with Mayor Jyoti Gondek about Calgary's Green Line project and her government remains committed to bringing the line all the way to Seton. Court hearing legal arguments in sex assault case of five hockey players A London, Ont., judge is set to hear legal arguments today in the sexual assault case of five members of Canada's 2018 world junior hockey team. $3.69M Calgary mansion with basketball court for sale in Aspen Woods If you've ever dreamed of having a home with a basketball court, now's your chance. Ottawa FREEZING RAIN WARNING | 1 to 3 mm of freezing rain possible in Ottawa-Gatineau tonight Environment Canada has issued a freezing rain warning for Ottawa as a low-pressure system moves across eastern Ontario on Monday. OC Transpo well below punctuality targets on 'less frequent' routes OC Transpo is well below its punctuality targets for less frequent bus routes, data presented to the city's Transit Commission show. OC Transpo hands out 1,900 fines to riders not paying fares in 2 months OC Transpo says nearly 1,900 fines were issued to riders who didn't pay their fares on Ottawa buses and trains this fall. Montreal Teen girls engage in more risky behaviour than boys: Quebec study Fewer young people in Quebec secondary schools are drinking alcohol, consuming sugary drinks and eating junk food, but not all their habits are improving. More of them are also inactive, taking action to change their weight and not eating breakfast before going to school, according to a recent study. 'Mixed bag' of wet weather headed to Montreal this week A 'mixed bag' of precipitation is in store for the Greater Montreal area, according to Environment and Climate Change Canada. Last chance at the Port of Montreal as parties enter mediation A final attempt to reach a consensual settlement is taking shape at the Port of Montreal, as the union of 1,200 longshoremen and the Maritime Employers Association have decided to enter into consensual mediation. Edmonton Death of worker in Edmonton smokehouse leads to 26 charges against food processing company An Ontario-based food processing company is facing 26 charges under Alberta Occupational Health and Safety legislation in connection with the death of a worker at an Edmonton facility in 2023. Women in trades building 'sisterhood' by sharing knowledge, experience A group meant to connect Edmonton women working in trades has amassed about 800 members in a matter of weeks. The Beach Boys are bringing a taste of summer to Edmonton March is usually a cold month in Edmonton, but The Beach Boys will bring a taste of summer with them when they perform here. Atlantic NEW | Man charged with unsafe storage of a firearm in Tyson MacDonald homicide: RCMP A 61-year-old man is facing unsafe storage charges in connection with the homicide of 17-year-old Tyson MacDonald on P.E.I., last December. From cellphones to dentures: Inside Halifax Transit’s lost and found Every single item misplaced on a bus or ferry in the Halifax Regional Municipality ends up in a small office at the Halifax Transit Bridge Terminal in Dartmouth, N.S. Man wanted on provincewide arrest warrant arrested: N.S. RCMP RCMP in Nova Scotia say a man who was wanted on a provincewide arrest warrant has been found and arrested. Winnipeg Winnipeg police shoot, kill suspect after officer stabbed in the throat Manitoba’s police watchdog is investigating a deadly police shooting at Winnipeg's Unicity Shopping Centre Sunday evening. Mounties looking for missing car in connection with suspicious death Manitoba RCMP are looking for a missing car connected to an investigation into human remains discovered north of Winnipeg. $4.2M from feds to create Indigenous-led family care centre in Winnipeg A new Indigenous-led family care centre will be coming to Winnipeg, with more than $4.2 million for the project coming from the federal government. Regina WATCH LIVE | Sask. Party prioritizes affordability, civility with opposition in Throne Speech The Saskatchewan Party government said it will prioritize affordability in the coming months during its Throne Speech on Monday, that officially kicked off a short two-week sitting inside the legislature. Regina commits to clearing all 'priority roads' of snow by Tuesday morning Following a second significant dump of snow in less than a week, the City of Regina says it plans to have all high priority roadways cleared by 7:00 a.m. Tuesday. Canada Post says progress 'limited' at negotiating table as strike continues Canada Post says they have made 'limited progress' with the union at the negotiating table 11 days after the strike began. Kitchener Waterloo reviews most collision-prone areas to improve safety The City of Waterloo is trying to make its roads safer by putting together a report on some of the locations with the most crashes in the past five years. Guelph man pleads guilty to manslaughter A Guelph man has pleaded guilty to manslaughter, admitting he struck another man in the head repeatedly with a baseball bat. Court hearing legal arguments in sex assault case of five hockey players A London, Ont., judge is set to hear legal arguments today in the sexual assault case of five members of Canada's 2018 world junior hockey team. Saskatoon WATCH LIVE | Sask. Party prioritizes affordability, civility with opposition in Throne Speech The Saskatchewan Party government said it will prioritize affordability in the coming months during its Throne Speech on Monday, that officially kicked off a short two-week sitting inside the legislature. Saskatoon's second big snowfall in a week won't trigger emergency response: City City crews and contractors are at it again — clearing roadways after another major snowfall. Two dead after crash on Saskatchewan Highway 4 Two people are dead following a two-vehicle crash on Highway 4 Friday evening. Northern Ontario Elliot Lake, Ont., woman charged with choking neighbour's dog An intoxicated woman in Elliot Lake has been charged with breaking into her neighbour's apartment and choking their dog. Winter weather advisory in effect for most of northeastern Ont. Environment Canada has issued a winter weather advisory for areas in and around Greater Sudbury, North Bay, Sault Ste. Marie and Timmins. Drug bust after a suspect pointed handgun at victim at northern Ont. gas station Three people have been charged with numerous drug and weapons offences following an incident at a gas station in Bruce Mines, Ont., on Nov. 21. London Three of five former junior hockey players in attendance for court proceedings Three of the five players from Canada's 2018 world junior hockey team, charged as part of a 2018 sexual assault investigation, appeared in a London court room on Monday. Stabbing and robbery being investigated by London police, 3 suspects wanted Around 1:15 a.m. on Sunday, police said three men on an ATV approached a man on his cell phone in the area of Hilton Avenue and Whiteny Street. Fatal crash reported in Huron County Around 6:20 a.m. on Saturday, emergency services responded to Harriston Road in Morris-Turnberry. When crews arrived, they saw a damaged SUV with one person inside. Barrie 'James deceived us,' Slain Collingwood, Ont. woman's family speak ahead of husband's sentencing James Schwalm sat in the prisoner’s box Monday morning weeping as friends and family members told the court about the devastation he caused when he murdered his wife, Ashley Milne, two years ago inside their Collingwood, Ont. home. Novice driver charged with speeding 95km/h over limit on Hwy 11 accused of being impaired A Thornhill resident accused of driving at a high rate of speed along Highway 11 in Muskoka while impaired faces charges. 2 women hospitalized after being struck by vehicle, police seek witnesses Police are investigating a collision in Newmarket that sent two women to the hospital over the weekend. Windsor 'Active investigation' underway in Windsor Windsor police are on the scene of what's being called an, "active investigation." "Expect a sustained police presence in the area," read a post on social media. Alleged impaired mom found asleep at the wheel with two kids in the backseat Windsor police arrested two motorists for impaired driving in separate incidents over the weekend, including a mom with two small children in the backseat. Unknown man allegedly commits indecent act outside McKay Avenue home Windsor police are asking for the public’s help identifying a suspect who allegedly committed an indecent act outside a McKay Avenue home. Vancouver Island Canadian border agents seize 246 kilos of cocaine in B.C. Canadian border officials in British Columbia have seized nearly a quarter-tonne of cocaine that was coming into the province in three separate smuggling incidents in recent weeks, according to the agency. B.C. teen donates Taylor Swift tickets, raises $26K in charity raffle A dad and his 10-year-old daughter from Prince George, B.C., will be heading to the Eras Tour in Vancouver next month after winning highly coveted Taylor Swift tickets in a charity raffle. B.C. health minister promises revamped approach to overdose crisis after addictions portfolio scrapped British Columbia's new health minister says she's aiming for more treatment beds and fewer deaths in a revamped approach to the province's drug overdose crisis. Kelowna Man in hospital following targeted shooting in Kamloops Police are appealing for information on a targeted shooting that resulted in the hospitalization of a man in Kamloops. Police cleared of fault in fatal 2023 crash in B.C.'s Interior British Columbia's independent police watchdog has cleared officers of wrongdoing in a crash where three people were killed south of Kamloops in July of last year. B.C. woman sentenced for stealing $14K in funds raised for schoolkids A B.C. woman who stole more than $14,000 in volunteer-raised funds that were supposed to be spent on school supplies and programs – including hot meals for vulnerable kids – won't spend any time in jail. Lethbridge 'We need an industry': Crowsnest Pass residents voting on support for new coal mine It's been more than 40 years since coal was king in the scenic Crowsnest Pass of southwestern Alberta, but a referendum vote Monday could sway a contentious debate on bringing it back. Snow routes declared active for Lethbridge starting at 9 a.m. Monday Snow routes were declared active in Lethbridge, the city posted on its website. Starting at 9 a.m. Monday, parking restrictions will be in effect for streets declared to be snow routes. Hurricanes road misery continues with 6-3 loss to Winterhawks in Portland The Hurricanes dropped their third straight game on Friday night, losing 6-3 to the Winterhawks in Portland. Sault Ste. Marie Sault suspect charged with punching rideshare driver in the face twice A 24-year-old in Sault Ste. Marie has been charged with attacking a rideshare driver and a police officer. Drug bust after a suspect pointed handgun at victim at northern Ont. gas station Three people have been charged with numerous drug and weapons offences following an incident at a gas station in Bruce Mines, Ont., on Nov. 21. Elliot Lake, Ont., woman charged with choking neighbour's dog An intoxicated woman in Elliot Lake has been charged with breaking into her neighbour's apartment and choking their dog. N.L. As N.L. firm pivots, scientists say Canada's green hydrogen dreams are far-fetched A Newfoundland energy company's embrace of data centres is raising doubts about eastern Canadian hopes of harnessing the region's howling winds to supply Germany with power from green hydrogen. Canadian leads group pushing Vatican for zero-tolerance policy on abuse by clergy An international group led by a Canadian is in Rome this week to push the Catholic Church to adopt a zero-tolerance policy on abuse by clergy. Newfoundland wind-to-hydrogen company eyes data centre as international market lags A company hoping to build a multi-billion-dollar wind-to-hydrogen project in western Newfoundland is eyeing other options as Canada's plans to supply Europe with green energy have not yet materialized. Local Spotlight 'I had no idea that they even existed': Family reunites with 80-year-old letters hidden in Winnipeg home The family of a soldier who fought during the Second World War has been reunited with letters written to him 80 years ago. The Thriftmas Special: The benefits of second-hand holiday shopping The holidays may be a time for family, joy and togetherness, but they can also be hard on the wallet. Video shows octopus 'hanging on for dear life' during bomb cyclone off B.C. coast Humans weren’t the only ones who struggled through the bomb cyclone that formed off the B.C. coast this week, bringing intense winds and choppy seas. B.C. man reunites with Nova Scotia stranger, 56 years after being saved from drowning After driving near the water that winter day, Brian Lavery thought he saw a dog splashing in the waves – then realized it was way too cold for that. 'It's nice to just talk to people': Toronto podcaster prank calling Nova Scotians Toronto radio and podcast host Jax Irwin has recently gone viral for videos of her cute -- and at times confusing -- phone conversations. Lotto Max jackpot hits $80M for second time ever The Lotto Max jackpot has climbed to $80 million for just the second time in Canadian lottery history. 'I'm just tickled pink': Childhood friends from New Brunswick named Rhodes Scholars Two young women from New Brunswick have won one of the most prestigious and sought-after academic honours in the world. B.C. man to cycle length of New Zealand to raise funds for Movember Stretching 3,000 kilometres from the tip of New Zealand to its southernmost point, with just a bicycle for transport and a tent to call home, bikepacking event Tour Aotearoa is not for the faint of heart. 'She's a people person': Urban chicken inspires positivity in B.C. neighbourhood When he first moved to his urban neighbourhood, Barry Devonald was surprised to be welcomed by a whole flock of new neighbours. Politics CEOs demand changes to Liberals' military spending plan The federal government risks jeopardizing the economy unless it meets its NATO military alliance spending obligations within the next five years, says the Business Council of Canada. Justin Trudeau defends spending record on military amid fresh criticism Prime Minister Justin Trudeau is defending his government's record on supporting national defence, following fresh criticism that Canada is failing to live up to its NATO defence-spending commitments. Montreal police chief expects additional arrests following anti-NATO protest Montreal's police chief says he expects more arrests stemming from a Friday anti-NATO protest that turned violent, with smashed windows and burned cars in downtown Montreal. Health How menopause awareness among employers, patients is changing the workplace Canadians might have noticed menopause is increasingly a topic of conversation outside of health circles, gaining profile in entertainment and popular culture Dozens of people in Canada have scurvy, and it's because of food A disease often thought to only affect 18th century sailors is reemerging in Canada. Ontario missed interim target for providing hands-on care to long-term care residents Ontario failed to meet its own legislated target this past year for the average number of hands-on hours of care that long-term care residents receive, a newly updated document shows. Sci-Tech EU says Bluesky is violating information disclosure rules Bluesky, the rapidly growing social media platform, is violating EU regulations by failing to disclose important details, a European Commission spokesperson told reporters during a daily briefing on Monday. Social media sites call for Australia to delay its ban on children younger than 16 An advocate for major social media platforms told an Australian Senate committee Monday that laws to ban children younger than 16 from the sites should be delayed until next year at least instead of being rushed through the Parliament this week. Canadian neurosurgeons seek six patients for Musk's Neuralink brain study Canadian neurosurgeons in partnership with Elon Musk's Neuralink have regulatory approval to recruit six patients with paralysis willing to have a thousand electrode contacts in their brains. Entertainment Drake's Australian tour to begin same date as rival Kendrick Lamar's Super Bowl show Drake is taking his musical stylings Down Under with a short Australian tour set to kick off on the same date as rival Kendrick Lamar's Super Bowl halftime performance. Pop star Ed Sheeran apologizes to Man United boss Ruben Amorim for crashing interview British pop star Ed Sheeran has apologized to Ruben Amorim after inadvertently interrupting the new Manchester United head coach during a live television interview. Zayn Malik returns to the stage with tribute to Liam Payne Zayn Malik played his first concert since the death fellow One Direction member Liam Payne and it was emotional. Business Judge in Alex Jones' bankruptcy case to hear arguments on The Onion's bid for Infowars A bankruptcy judge is set to hear arguments Monday in conspiracy theorist Alex Jones' effort to stop the satirical news outlet The Onion from buying Infowars and turning it into a parody. Unifor's Canadian National Railway members vote for strike authorization Unifor said on Monday its members at Canadian National Railway have authorized a strike action at the railroad if the parties fail to reach an agreement by Jan. 1. Court docs show what sparked Competition Bureau probe into Leon's, The Brick Court documents are offering a window into the Competition Bureau's investigation into Leon's Furniture Ltd. and its subsidiary The Brick Warehouse LP. Lifestyle 'Like climbing Mount Everest:' Inside the gruelling world of the Chess World Championship The Chess World Championship begins in Singapore on Monday with China's Ding Liren seeking to defend his title against India's Gukesh Dommaraju, better known as Gukesh D, who is still just 18 years old and could become the youngest ever person to be crowned world champion. School bullies have moved online. But is banning all under-16s from social media really the answer? The Australian government introduced what it's called 'world-leading' legislation in parliament this week to wipe social media accounts – including Snapchat, TikTok, Facebook, Instagram, Reddit and X – from the devices of children under 16. Ants marching into spotlight as hobby of ant-keeping rises in popularity They are tiny insects that are often overlooked or stepped on, but ants are marching not only into people’s backyards, but also their homes, as the popularity of ant-keeping rises in Canada. Sports NBA legend Charles Barkley criticizes LA Lakers over handling of Bronny James NBA legend Charles Barkley has criticized the Los Angeles Lakers over their handling of Bronny James this season. 'Embarrassing:' NHL team ditches bus and walks to Scotiabank Arena amid gridlock The Utah Hockey Club got the full Toronto experience Sunday night ahead of their first-ever matchup against the Maple Leafs—bumper-to-bumper traffic that forced the team to walk to the game. Vancouver Whitecaps drop head coach Vanni Sartini Two weeks after the Vancouver Whitecaps’ playoff run ended in the first round, the team has fired head coach Vanni Sartini. Autos Nearly 46,000 electric vehicles recalled in Canada over power loss risk Nearly 46,000 electric vehicles from Kia, Hyundai and Genesis are being recalled in Canada over a potential power loss issue that can increase the risk of a crash. Northvolt says Quebec battery plant will proceed despite bankruptcy filing Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec — though hundreds of millions of taxpayer dollars invested in the parent company could be lost. Canadian drivers own their poor road habits: survey Canadian drivers are regularly in a hurry to get to their destination and a majority are willing to take unnecessary risks on the road, according to the results of a new survey. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. 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Get up to 30% off detailed market research reports-for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 18, 2024 /EINPresswire / -- The Business Research Company's Early Year-End Sale! Get up to 30% off detailed market research reports-limited time only! Over the past few years, the aerospace titanium market has shown impressive growth, and it is expected to continue this upward trajectory. From $2.83 billion in 2023, the market size will grow to $3.06 billion in 2024, marking a compound annual growth rate CAGR of 8.2%. This growth can be attributed to increasing military aircraft demand, heightened interest in space exploration, expanding air traffic, environmental concerns, and significant investments in research and development. What Is the Projected Growth Rate and Market Size of the Global Aerospace Titanium Market? In the years ahead, the aerospace titanium market is projected to experience robust growth. The market is forecasted to reach $4.12 billion in 2028, showing a compound annual growth rate CAGR of 7.7%. Factors such as the rise of urban air mobility UAM, adoption of digital technologies, sustainable aviation, smart manufacturing, and global defense modernization are expected to fuel this growth. Other significant trends in the forecast period include customization, integration of nanotechnology, rise of unmanned aerial vehicles UAVs, increased outsourcing, and increased use of data analytics. Get a comprehensive analysis of the market in our sample report: How Is Increased Military Spending Driving the Aerospace Titanium Market? The rise in military spending is a potent driver for growth in the aerospace titanium market. Government expenditures on providing their military forces with weapons, equipment, and soldiers have seen an uptick. Aerospace titanium, known for its high tensile strength-to-density ratio, excellent corrosion resistance, and ability to sustain high temperatures without creep, is used in a wide array of military applications. These include aircraft, armor plating, naval ships, spacecraft, and missiles. For instance, in August 2022, the world's military expenditure totaled $2.1 trillion, marking the seventh consecutive year of increased military spending, as reported by Visual Capitalist, a Canada-based media and news company. This surge in military spending is a key factor propelling the growth of the aerospace titanium market. Skip the queue and get your full report here: Can You Name Some of the Key Players Driving the Aerospace Titanium Market? Major companies operating in the aerospace titanium market include Berkshire Hathaway Incorporated, Aperam Ltd., GE Aviation, Precision Castparts Corporation, Allegheny Technologies Incorporated, GKN Aerospace Services Limited, Makino Milling Machine Co. Ltd., Carpenter Technology Corporation, VSMPO-AVISMA Corporation, Aarti Industries Limited, Montana Aerospace AG, Baoji Titanium Industry Co. Ltd., Kobelco Group Ltd., Ducommun Incorporated, and others. These industry pioneers continually make advancements to secure their market positions. What Technological Innovations Are Emerging in the Aerospace Titanium Market? In our technologically driven world, product innovations serve as a key trend gaining momentum in the aerospace titanium market. Players in the market focus on developing new technical innovations to strengthen their market share. One notable advancement came in July 2021 when the Defense Research and Development Organization DRDO, an India-based government agency, introduced a high-strength metastable beta-titanium alloy. Manufactured on an industrial scale, this titanium alloyed with vanadium, iron, and aluminum is now used for creating structural forgings for the aircraft industry, underlining its high strength-to-weight ratio. How Is the Aerospace Titanium Market Segmented? The aerospace titanium market report sheds light on various segments, including: 1 By Type: TC4, TC6, TC16, Ti555, Other Types 2 By Alloy Type: Alpha, Alpha+Beta, Beta 3 By Aircraft Type: Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft 4 By Application: Structural Airframes, Engines, Other Applications The report also provides a comprehensive regional overview of the market. In 2023, North America was the largest region in the aerospace titanium market. The report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Browse Through More Similar Reports By The Business Research Company: Aerospace Global Market Report 2024 Aerospace Bearings Global Market Report 2024 Aerospace Composites Global Market Report 2024 About The Business Research Company Learn More About The Business Research Company. With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game. Contact us at: The Business Research Company: Americas +1 3156230293 Asia +44 2071930708 Europe +44 2071930708 Email us at ... 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Traffic police yet to recover ₹98 crore in finesAs open enrollment for Affordable Care Act plans continues through Jan. 15, you’re likely seeing fewer social media ads promising monthly cash cards worth hundreds, if not thousands, of dollars that you can use for groceries, medical bills, rent and other expenses. But don’t worry. You haven’t missed out on any windfalls. Clicking on one of those ads would not have provided you with a cash card — at least not worth hundreds or thousands. But you might have found yourself switched to a health insurance plan you did not authorize, unable to afford treatment for an unforeseen medical emergency, and owing thousands of dollars to the IRS, according to an ongoing lawsuit against companies and individuals who plaintiffs say masterminded the ads and alleged scams committed against millions of people who responded to them. The absence of those once-ubiquitous ads are likely a result of the federal government suspending access to the ACA marketplace for two companies that market health insurance out of South Florida offices, amid accusations they used “fraudulent” ads to lure customers and then switched their insurance plans and agents without their knowledge. In its suspension letter, the Centers for Medicare & Medicaid Services (CMS) cited “credible allegations of misconduct” in the agency’s decision to suspend the abilities of two companies — TrueCoverage (doing business as Inshura) and BenefitAlign — to transact information with the marketplace. CMS licenses and monitors agencies that use their own websites and information technology platforms to enroll health insurance customers in ACA plans offered in the federal marketplace. Suit names long list of defendants The alleged scheme affected millions of consumers, according to a lawsuit winding its way through U.S. District Court in Fort Lauderdale that seeks class-action status. An amended version of the suit, filed in August, increased the number of defendants from six to 12: — TrueCoverage LLC, an Albuquerque, New Mexico-based health insurance agency with large offices in Miami, Miramar and Deerfield Beach. TrueCoverage is a sub-tenant of the South Florida Sun Sentinel in a building leased by the newspaper in Deerfield Beach. — Enhance Health LLC, a Sunrise-based health insurance agency that the lawsuit says was founded by Matthew Herman, also named as a defendant, with a $150 million investment from hedge fund Bain Capital’s insurance division. Bain Capital Insurance Fund LP is also a defendant. — Speridian Technologies LLC, accused in the lawsuit of establishing two direct enrollment platforms that provided TrueCoverage and other agencies access to the ACA marketplace. — Benefitalign LLC, identified in the suit as one of the direct enrollment platforms created by Speridian. Like Speridian and TrueCoverage, the company is based in Albuquerque, New Mexico. — Number One Prospecting LLC, doing business as Minerva Marketing, based in Fort Lauderdale, and its founder, Brandon Bowsky, accused of developing the social media ads that drove customers — or “leads” — to the health insurance agencies. — Digital Media Solutions LLC, doing business as Protect Health, a Miami-based agency that the suit says bought Minerva’s “fraudulent” ads. In September, the company filed for Chapter 11 protection from creditors in United States Bankruptcy Court in Texas, which automatically suspended claims filed against the company. — Net Health Affiliates Inc., an Aventura-based agency the lawsuit says was associated with Enhance Health and like it, bought leads from Minerva. — Garish Panicker, identified in the lawsuit as half-owner of Speridian Global Holdings and day-to-day controller of companies under its umbrella, including TrueCoverage, Benefitalign and Speridian Technologies. — Matthew Goldfuss, accused by the suit of overseeing and directing TrueCoverage’s ACA enrollment efforts. All of the defendants have filed motions to dismiss the lawsuit. The motions deny the allegations and argue that the plaintiffs failed to properly state their claims and lack the standing to file the complaints. Defendants respond to requests for comment The Sun Sentinel sent requests for comment and lists of questions about the cases to four separate law firms representing separate groups of defendants. Three of the law firms — one representing Brandon Bowsky and Number One Prospecting LLC d/b/a Minerva Marketing, and two others representing Net Health Affiliates Inc. and Bain Capital Insurance Fund — did not respond to the requests. A representative of Enhance Health LLC and Matthew Herman, Olga M. Vieira of the Miami-based firm Quinn Emanuel Urquhart & Sullivan LLP, responded with a short message saying she was glad the newspaper knew a motion to dismiss the charges had been filed by the defendants. She also said that, “Enhance has denied all the allegations as reported previously in the media.” Catherine Riedel, a communications specialist representing TrueCoverage LLC, Benefitalign LLC, Speridian Technologies LLC, Girish Panicker and Matthew Goldfuss, issued the following statement: “TrueCoverage takes these allegations very seriously and is responding appropriately. While we cannot comment on ongoing litigation, we strongly believe that the allegations are baseless and without merit. “Compliance is our business. The TrueCoverage team records and reviews every call with a customer, including during Open Enrollment when roughly 500 agents handle nearly 30,000 calls a day. No customer is enrolled into any policy without a formal verbal consent given by the customer. If any customer calls in as a result of misleading content presented by third-party marketing vendors, agents are trained to correct such misinformation and action is taken against such third-party vendors.” Through Riedel, the defendants declined to answer follow-up questions, including whether the company remains in business, whether it continues to enroll Affordable Care Act clients, and whether it is still operating its New Mexico call center using another affiliated technology platform. Lawsuit: COVID relief package made ‘scheme’ possible The suspension notification from the Centers for Medicare and Medicaid Services letter cites several factors, including the histories of noncompliance and previous suspensions. The letter noted suspicion that TrueCoverage and Benefitalign were storing consumers’ personally identifiable information in databases located in India and possibly other overseas locations in violation of the centers’ rules. The letter also notes allegations against the companies in the pending lawsuit that “they engaged in a variety of illegal practices, including violations of the (Racketeer Influenced & Corrupt Organizations, or RICO Act), misuse of consumer (personal identifiable information) and insurance fraud.” The amended lawsuit filed in August names as plaintiffs five individuals who say their insurance plans were changed and two agencies who say they lost money when they were replaced as agents. The lawsuit accuses the defendants of 55 counts of wrongdoing, ranging from running ads offering thousands of dollars in cash that they knew would never be provided directly to consumers, switching millions of consumers into different insurance policies without their authorization, misstating their household incomes to make them eligible for $0 premium coverage, and “stealing” commissions by switching the agents listed in their accounts. TrueCoverage, Enhance Health, Protect Health, and some of their associates “engaged in hundreds of thousands of agent-of-record swaps to steal other agents’ commissions,” the suit states. “Using the Benefitalign and Inshura platforms, they created large spreadsheet lists of consumer names, dates of birth and zip codes.” They provided those spreadsheets to agents, it says, and instructed them to access platforms linked to the ACA marketplace and change the customers’ agents of record “without telling the client or providing informed consent.” “In doing so, they immediately captured the monthly commissions of agents ... who had originally worked with the consumers directly to sign them up,” the lawsuit asserts. TrueCoverage employees who complained about dealing with prospects who called looking for cash cards were routinely chided by supervisors who told them to be vague and keep making money, the suit says. When the Centers for Medicare and Medicaid Services began contacting the company in January about customer complaints, the suit says TrueCoverage enrollment supervisor Matthew Goldfuss sent an email instructing agents “do not respond.” How it started The lawsuit states the “scheme” was made possible in 2021 when Congress passed the American Rescue Plan Act in the wake of the COVID pandemic. The act made it possible for Americans with household incomes between 100% and 150% of the federal poverty level to pay zero in premiums and it enabled those consumers to enroll in ACA plans all year round, instead of during the three-month open enrollment period from November to January. Experienced health insurance brokers recognized the opportunity presented by the changes, the lawsuit says. More than 40 million Americans live within 100% and 150% of the federal poverty level, while only 15 million had ACA insurance at the time. The defendants developed or benefited from online ads, the lawsuit says, which falsely promised “hundreds and sometimes thousands of dollars per month in cash benefits such as subsidy cards to pay for common expenses like rent, groceries, and gas.” Consumers who clicked on the ads were brought to a landing page that asked a few qualifying questions, and if their answers suggested that they might qualify for a low-cost or no-cost plan, they were provided a phone number to a health insurance agency. There was a major problem with the plan, according to the lawsuit. “Customers believe they are being routed to someone who will send them a free cash card, not enroll them in health insurance.” By law, the federal government sends subsidies for ACA plans to insurance companies, and not to individual consumers. Scripts were developed requiring agents not to mention a cash card, and if a customer mentions a cash card, “be vague” and tell the caller that only the insurance carrier can provide that information, the lawsuit alleges. In September, the defendants filed a motion to dismiss the claims. In addition to denying the charges, they argued that the class plaintiffs lacked the standing to make the accusations and failed to demonstrate that they suffered harm. The motion also argued that the lawsuit’s accusations failed to meet requirements necessary to claim civil violations of the RICO Act. Miami-based attorney Jason Kellogg, representing the plaintiffs, said he doesn’t expect a ruling on the motion to dismiss the case for several months. The complaint also lists nearly 50 companies, not named as defendants, that it says fed business to TrueCoverage and Enhance Health. Known in the industry as “downlines,” most operate in office parks throughout South Florida, the lawsuit says. Complaints from former employees and clients The lawsuit quotes former TrueCoverage employees complaining about having to work with customers lured by false cash promises in the online ads. A former employee who worked in the company’s Deerfield Beach office was quoted in the lawsuit as saying that senior TrueCoverage and Speridian executives “knew that consumers were calling in response to the false advertisements promising cash cards and they pressured agents to use them to enroll consumers into ACA plans.” A former human resources manager for TrueCoverage said sales agents frequently complained “that they did not feel comfortable having to mislead consumers,” the lawsuit said. Over two dozen agents “came to me with these complaints and showed me the false advertisements that consumers who called in were showing them,” the lawsuit quoted the former manager as saying. For much of the time the companies operated, the ACA marketplace enabled agents to easily access customer accounts using their names and Social Security numbers, change their insurance plans and switch their agents of record without their knowledge or authorization, the lawsuit says. This resulted in customers’ original agents losing their commissions and many of the policyholders finding out they suddenly owed far more for health care services than their original plans had required, the suit states. It says that one of the co-plaintiffs’ health plans was changed at least 22 times without her consent. She first discovered that she had lost her original plan when she sought to renew a prescription for her heart condition and her doctor told her she did not have health insurance, the suit states. Another co-plaintiff’s policy was switched after her husband responded to one of the cash card advertisements, the lawsuit says. That couple’s insurance plan was switched multiple times after a TrueCoverage agent excluded the wife’s income from an application so the couple would qualify. Later, they received bills from the IRS for $4,300 to cover tax credits issued to pay for the plans. CMS barred TrueCoverage and BenefitAlign from accessing the ACA marketplace. It said it received more than 90,000 complaints about unauthorized plan switches and more than 183,500 complaints about unauthorized enrollments, but the agency did not attribute all of the complaints to activities by the two companies. In addition, CMS restricted all agents’ abilities to alter policyholders’ enrollment information, the lawsuit says. Now access is allowed only for agents that already represent policyholders or if the policyholder participates in a three-way call with an agent and a marketplace employee. Between June and October, the agency barred 850 agents and brokers from accessing the marketplace “for reasonable suspicion of fraudulent or abusive conduct related to unauthorized enrollments or unauthorized plan switches,” according to an October CMS news release . The changes resulted in a “dramatic and sustained drop” in unauthorized activity, including a nearly 70% decrease in plan changes associated with an agent or broker and a nearly 90% decrease in changes to agent or broker commission information, the release said. It added that while consumers were often unaware of such changes, the opportunity to make them provided “significant financial incentive for non-compliant agents and brokers.” But CMS’ restrictions might be having unintended consequences for law-abiding agents and brokers. A story published by Insurance News Net on Nov. 11 quoted the president of the Health Agents for America (HAFA) trade group as saying agents are being suspended by CMS after being flagged by a mysterious algorithm that no one can figure out. The story quotes HAFA president Ronnell Nolan as surmising, “maybe they wrote too many policies on the same day for people who have the same income or they’re writing too many policies on people of a certain occupation.” Nolan continued, “We have members who have thousands of ACA clients. They can’t update or renew their clients. So those consumers have lost access to their professional agent, which is simply unfair.” Ron Hurtibise covers business and consumer issues for the South Florida Sun Sentinel. He can be reached by phone at 954-356-4071, on Twitter @ronhurtibise or by email at rhurtibise@sunsentinel.com.
Williams-Sonoma ( NYSE:WSM – Free Report ) had its price target raised by TD Cowen from $165.00 to $195.00 in a research report report published on Thursday, Benzinga reports. TD Cowen currently has a buy rating on the specialty retailer’s stock. WSM has been the topic of several other reports. Telsey Advisory Group raised their price objective on shares of Williams-Sonoma from $165.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday. JPMorgan Chase & Co. raised their price target on Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a report on Tuesday, November 19th. Citigroup lowered their price objective on Williams-Sonoma from $140.00 to $134.00 and set a “neutral” rating on the stock in a research report on Friday, November 8th. Barclays increased their target price on Williams-Sonoma from $116.00 to $123.00 and gave the stock an “underweight” rating in a research report on Thursday. Finally, Jefferies Financial Group raised Williams-Sonoma from a “hold” rating to a “buy” rating and boosted their price target for the stock from $148.00 to $156.00 in a report on Wednesday, September 11th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $154.41. View Our Latest Stock Analysis on Williams-Sonoma Williams-Sonoma Stock Down 0.3 % Williams-Sonoma ( NYSE:WSM – Get Free Report ) last released its earnings results on Thursday, August 22nd. The specialty retailer reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.13. Williams-Sonoma had a net margin of 14.54% and a return on equity of 51.56%. The company had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the business earned $1.56 EPS. The firm’s revenue was down 4.0% compared to the same quarter last year. On average, equities analysts anticipate that Williams-Sonoma will post 8.13 earnings per share for the current fiscal year. Williams-Sonoma Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, October 18th were paid a $0.57 dividend. The ex-dividend date was Friday, October 18th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.33%. Williams-Sonoma’s payout ratio is currently 26.97%. Insider Transactions at Williams-Sonoma In related news, EVP Karalyn Smith sold 11,100 shares of the firm’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $134.66, for a total value of $1,494,726.00. Following the completion of the sale, the executive vice president now directly owns 15,150 shares in the company, valued at $2,040,099. This trade represents a 42.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, CEO Laura Alber sold 40,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $130.49, for a total transaction of $5,219,600.00. Following the transaction, the chief executive officer now owns 990,956 shares in the company, valued at $129,309,848.44. This trade represents a 3.88 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 91,100 shares of company stock worth $12,525,126 in the last three months. Insiders own 1.50% of the company’s stock. Hedge Funds Weigh In On Williams-Sonoma A number of large investors have recently made changes to their positions in WSM. FMR LLC lifted its stake in Williams-Sonoma by 72.7% in the third quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock worth $1,360,384,000 after purchasing an additional 3,695,837 shares during the last quarter. State Street Corp grew its stake in shares of Williams-Sonoma by 108.8% during the third quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer’s stock valued at $825,588,000 after buying an additional 2,777,339 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Williams-Sonoma by 107.5% in the third quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer’s stock worth $418,223,000 after buying an additional 1,393,436 shares during the period. Pacer Advisors Inc. lifted its stake in shares of Williams-Sonoma by 118.7% during the 3rd quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock worth $326,931,000 after acquiring an additional 1,145,410 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Williams-Sonoma by 104.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,105,336 shares of the specialty retailer’s stock valued at $171,239,000 after acquiring an additional 565,745 shares during the period. 99.29% of the stock is owned by hedge funds and other institutional investors. Williams-Sonoma Company Profile ( Get Free Report ) Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand. Featured Articles Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter .Warning issued over Christmas 'bed rot' and the very uncomfortable side effect
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OKLAHOMA CITY, Okla., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Murphy Law Firm is investigating claims on behalf of all individuals whose personal and confidential information was compromised in the data breach involving International Coffee & Tea. To join the class action lawsuit, visit our site HERE . International Coffee & Tea, LLC ("International Coffee & Tea"), the parent company of the Coffee Bean & Tea Leaf chain, recently detected suspicious activity on its computer network, indicating a data breach. Based on a subsequent forensic investigation, International Coffee & Tea determined that cybercriminals infiltrated its inadequately secured computer environment and thereby gained access to its data files. The investigation further determined that, through this infiltration, cybercriminals potentially accessed and copied files containing the sensitive personal information of 53,901 individuals. The information exposed in the data breach includes, but is not limited to: Names Social Security numbers If you received notice of the data breach or if your personal information was compromised in the breach, please visit our site HERE . Murphy Law Firm is evaluating legal options, including a potential class action lawsuit, to recover damages on behalf of individuals who were affected by the data breach. As a result of the data breach, these individuals' personal and highly sensitive information may be in the hands of cybercriminals who can place the information for sale on the dark web or use the information to perpetrate identity theft. To join a class action lawsuit, click HERE Murphy Law Firm specializes in data breach class actions, consumer class actions, and federal securities class actions. The firm has extensive experience in securing highly favorable recoveries for its clients. Contact: Murphy Law Firm abm@murphylegalfirm.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.NoneHOUSTON , Dec. 18, 2024 /PRNewswire/ — Ascend Performance Materials announced today the successful production of acrylonitrile, hexamethylene diamine, adipic acid and nylon 6,6 from feedstocks derived from used cooking oil, expanding its Bioserve portfolio. The resulting nylon 6,6 has a 25% lower product carbon footprint than nylon 6,6 made from fossil-fuel derived feedstock. Using an ISCC Plus-certified mass-balance approach allows for industrial-scale production of sustainable materials without sacrificing performance. Ascend’s production facilities in the United States are all ISCC Plus certified to handle bio-based, circular and bio-circular materials. “We are focused on finding technical solutions for our customers’ challenges,” said Alex Mihut , Ascend’s vice president for performance chemicals. “Using the mass-balance approach allows us to meet the growing need for sustainable materials at scale while continuing to offer reliable performance and quality.” Combined with Ascend’s efforts to lower its scope 1 and 2 emissions, the company’s Bioserve products offer among the lowest product carbon footprints for industrial-scale nylon 6,6 and its precursors available in the market today. “Part of our sustainability strategy is a pillar we call ‘Operating Without Compromise’,” said Chris Johnson , Ascend’s senior director for sustainability. “It is based on a commitment to find well-rounded solutions that meet the needs of our customers and help them achieve their goals.” Ascend recently published its 2023 sustainability report , which highlights progress against the company’s 2030 Vision. About Ascend Performance Materials Ascend Performance Materials makes high-performance materials for everyday essentials and new technologies. Our focus is on improving quality of life and inspiring a better tomorrow through innovation. Based in Houston, Texas , and with regional offices in Shanghai , Brussels and Detroit , we are a fully integrated material solutions provider with global manufacturing facilities in North America , Europe and Asia . Our global workforce makes the materials used to make safer vehicles, cleaner energy, better medical devices, smarter appliances and longer-lasting apparel and consumer goods. We are committed to safety, sustainability and the success of our customers and our communities. Learn more about Ascend at www.ascendmaterials.com . Contact: Osama Khalifa , +1 832-963-1347, okhali@ascendmaterials.com SOURCE Ascend Performance Materials
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Caprock Group LLC bought a new position in shares of Stellantis ( NYSE:STLA – Free Report ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,735 shares of the company’s stock, valued at approximately $318,000. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in STLA. Dnca Finance bought a new stake in Stellantis during the second quarter worth approximately $75,331,000. Janus Henderson Group PLC grew its position in Stellantis by 67.5% in the first quarter. Janus Henderson Group PLC now owns 5,518,060 shares of the company’s stock worth $157,558,000 after buying an additional 2,223,151 shares during the last quarter. AustralianSuper Pty Ltd grew its position in Stellantis by 26.3% in the third quarter. AustralianSuper Pty Ltd now owns 9,089,415 shares of the company’s stock worth $125,597,000 after buying an additional 1,894,146 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Stellantis by 19.0% in the second quarter. Dimensional Fund Advisors LP now owns 8,925,189 shares of the company’s stock worth $177,163,000 after buying an additional 1,425,814 shares during the last quarter. Finally, Electron Capital Partners LLC grew its position in Stellantis by 218.6% in the second quarter. Electron Capital Partners LLC now owns 1,803,506 shares of the company’s stock worth $35,800,000 after buying an additional 1,237,440 shares during the last quarter. Institutional investors own 59.48% of the company’s stock. Stellantis Stock Up 1.6 % Stellantis stock opened at $13.05 on Friday. The company’s fifty day simple moving average is $13.77 and its 200-day simple moving average is $17.25. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.85 and a current ratio of 1.14. Stellantis has a 12 month low of $12.68 and a 12 month high of $29.51. Wall Street Analysts Forecast Growth Check Out Our Latest Report on STLA About Stellantis ( Free Report ) Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide. It provides luxury and premium vehicles; sport utility vehicles; American and European brand vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services. Further Reading Receive News & Ratings for Stellantis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stellantis and related companies with MarketBeat.com's FREE daily email newsletter .