How chef and activist Andrew Zimmern practices gratitude at the Thanksgiving tableLOS ANGELES, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today provided a letter to shareholders from its CEO and Chairman, Doug Croxall. Dear Fellow Shareholders, As 2024 comes to a close, I want to reflect on Crown’s accomplishments this year and share our vision for the year ahead. It has been a transformative year for Crown, as we have evolved into a rapidly growing public conglomerate with three diversified divisions: Smart Windows, Fiber Optics, and Water Solutions. This year, we made significant operational progress, achieving key milestones that position Crown for continued growth and success. We expanded our presence across eight U.S. states and two countries, building a robust platform to address critical infrastructure and technology challenges. We are on track to deliver $20 million in revenue for 2024, which is all the more impressive given it was primarily generated in the final three quarters. This achievement reflects our progress and the strong demand for our innovative technology infrastructure solutions. Financially, we are well-positioned to achieve profitability in the first half of 2025, even as we continue to invest strategically in our growth plans. Crown has actively raised capital recently to execute those expansion plans and will close the year with record levels of cash in hand and minimal debt. This achievement reflects our disciplined approach to building a healthy balance sheet and implementing the structure required to support both near-term objectives and long-term expansion. We share in your frustration that our market value, trading at approximately our current cash value, does not yet reflect either Crown’s recent achievements or its immense future potential. However, we remain confident that this disparity will correct itself as we build a company that delivers meaningful impact, sustainable growth, and shareholder value. To ensure we maintain our listing status, we have filed our appeal with NASDAQ and expect to go before the hearing committee likely in early February. We will provide timely updates as they become available to Crown. In preparation, we have filed a Proxy Statement ahead of the Special Meeting on January 14th and are requesting approval to execute a reverse stock split to maintain bid-price compliance. We strongly urge our shareholders to favorably vote their approximately 64 million voting shares, and to provide Crown with the flexibility and financial strength needed to continue delivering against our growth plans. 2024 Division Highlights Smart Windows Fiber Optics Water Solutions Slant Wells Lead Pipes: Element 82 & PE Pipelines 2025 Outlook As we look ahead to 2025, Crown is stronger, more focused, and better positioned than ever to capitalize on new opportunities. With momentum across our three divisions, we are committed to achieving profitability in the first half of 2025, expanding our footprint to meet increasing demand, and delivering innovative infrastructure solutions that address critical challenges. Our team of industry experts, with a desire to change the status quo through innovation, is growing rapidly. As we scale, we are actively refining our business processes to align with our growing operations while maintaining agility and focus. Looking ahead, we provided full year 2025 revenue guidance between $30 million and $35 million, underscoring the expected strength of our business to come. To our shareholders, thank you for your trust and confidence as we continue to execute our vision. While our stock price does not yet reflect the intrinsic value of Crown, we remain focused on building a company that delivers meaningful impact, sustainable growth, and shareholder value. Approving the proposed reverse stock split is a critical step in strengthening our position to meet listing requirements, attract new investors, and enhance financial flexibility. Your support is vital to driving Crown’s long-term success and unlocking its full potential. We’re excited for 2025 and look forward to updating you on our progress regularly. Sincerely, Doug Croxall CEO and Chairman, Crown Special Meeting of Stockholders The Company will host a Special Meeting of Stockholders on Tuesday, January 14, 2025, at 10:00 a.m. Eastern Time. Holders of record of Crown’s Common Stock as of the close of business on December 16, 2024, will be entitled to notice of and to vote at the Special Meeting. Additional information regarding the Special Meeting, including how to vote, are available via proxy materials filed with the Securities and Exchange Commission (the "SEC"), and can be found at https://ir.crownek.com/sec-filings . About Crown Crown (Nasdaq: CRKN) is an innovative infrastructure solutions provider dedicated to benefiting communities and the environment. Comprised of three business divisions, Smart Windows, Fiber Optics, and Water Solutions, Crown is developing and delivering cutting edge solutions that are challenging the status quo and redefining industry standards. For more information, please visit www.crownek.com . Forward Looking Statements Certain statements in this news release may be "forward-looking statements" (within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995) regarding future events or Crown’s future financial performance that involve certain contingencies and uncertainties, including those discussed in Crown’s Annual Report on Form 10-K for the year ended December 31, 2023, and subsequent reports Crown files with the U.S. Securities and Exchange Commission from time to time, in the sections entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” . Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Crown Electrokinetic Corporation undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. For more information, please contact: Investor Relations ir@crownek.com Public Relations pr@crownek.comTrump chooses loyalist Pam Bondi for attorney general pick after Matt Gaetz withdraws
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Pittsburgh quarterback Eli Holstein was carted off the field with 5:32 left in the first quarter with an apparent left ankle injury during Saturday's Atlantic Coast Conference game against host Louisville. The freshman was sacked at the Panthers' 49-yard line by Louisville's Ashton Gillotte, who rolled on the quarterback's ankle. Holstein was in a walking boot as he was helped to the cart. Holstein missed last week's game against Clemson after suffering a head injury in the loss to Virginia two weeks ago. Holstein was 3-for-5 passing for 51 yards and an interception before exiting. Nate Yarnell, who threw for 350 yards in the loss to Clemson, replaced Holstein. --Field Level Media
Pathstone Holdings LLC lifted its position in Realty Income Co. ( NYSE:O – Free Report ) by 14.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 76,316 shares of the real estate investment trust’s stock after buying an additional 9,358 shares during the quarter. Pathstone Holdings LLC’s holdings in Realty Income were worth $4,840,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently bought and sold shares of O. ZWJ Investment Counsel Inc. raised its holdings in shares of Realty Income by 0.6% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 29,279 shares of the real estate investment trust’s stock valued at $1,857,000 after purchasing an additional 164 shares in the last quarter. Whittier Trust Co. raised its holdings in shares of Realty Income by 4.5% in the third quarter. Whittier Trust Co. now owns 3,871 shares of the real estate investment trust’s stock valued at $245,000 after buying an additional 166 shares during the last quarter. Greenleaf Trust lifted its position in Realty Income by 1.0% during the 3rd quarter. Greenleaf Trust now owns 16,911 shares of the real estate investment trust’s stock worth $1,072,000 after acquiring an additional 170 shares during the period. Grove Bank & Trust grew its position in Realty Income by 14.3% in the 3rd quarter. Grove Bank & Trust now owns 1,409 shares of the real estate investment trust’s stock valued at $89,000 after buying an additional 176 shares during the last quarter. Finally, Buckley Wealth Management LLC boosted its holdings in shares of Realty Income by 1.9% in the third quarter. Buckley Wealth Management LLC now owns 9,450 shares of the real estate investment trust’s stock valued at $599,000 after acquiring an additional 176 shares in the last quarter. 70.81% of the stock is currently owned by hedge funds and other institutional investors. Insider Activity at Realty Income In other Realty Income news, Director Mary Hogan Preusse sold 1,712 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $62.58, for a total value of $107,136.96. Following the transaction, the director now owns 26,579 shares in the company, valued at $1,663,313.82. The trade was a 6.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website . 0.10% of the stock is owned by insiders. Analysts Set New Price Targets View Our Latest Stock Report on Realty Income Realty Income Price Performance O stock opened at $57.45 on Friday. The stock has a 50-day moving average price of $60.76 and a two-hundred day moving average price of $58.09. The company has a market cap of $50.28 billion, a PE ratio of 54.71, a price-to-earnings-growth ratio of 4.04 and a beta of 0.99. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. Realty Income Co. has a 12-month low of $50.65 and a 12-month high of $64.88. Realty Income ( NYSE:O – Get Free Report ) last posted its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.75). The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.26 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The firm’s revenue for the quarter was up 28.1% compared to the same quarter last year. During the same period last year, the company posted $1.02 EPS. As a group, research analysts predict that Realty Income Co. will post 4.19 EPS for the current year. Realty Income Increases Dividend The firm also recently declared a monthly dividend, which will be paid on Friday, December 13th. Investors of record on Monday, December 2nd will be given a dividend of $0.2635 per share. This represents a $3.16 dividend on an annualized basis and a yield of 5.50%. This is a boost from Realty Income’s previous monthly dividend of $0.24. The ex-dividend date is Monday, December 2nd. Realty Income’s dividend payout ratio is 300.96%. About Realty Income ( Free Report ) Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients. Featured Stories Want to see what other hedge funds are holding O? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Realty Income Co. ( NYSE:O – Free Report ). Receive News & Ratings for Realty Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Realty Income and related companies with MarketBeat.com's FREE daily email newsletter .The Hemant Soren-led government in Jharkhand is set for the swearing-in of its council of ministers, scheduled for Thursday. Governor Santosh Kumar Gangwar will oversee the ceremony at the Raj Bhavan, bolstered by Protem Speaker Stephen Marandi's prior oath-taking. Marandi's appointment follows his proficiency as a senior JMM MLA, having taken his oath as Protem Speaker after Soren's induction as Chief Minister on November 28. The anticipation is heightened as Congress leader Rajesh Thakur disclosed the finalization of ministerial candidates, awaiting dispatch to the governor. Speculation is rife about the Congressional and RJD representation within the council. Congress expects four berths, with MLAs Irfan Ansari, Deepika Pandey Singh, Radhakrishna Kishore, and Shilpy Neha Tirkey tipped as frontrunners. Additionally, RJD, having performed notably in the assembly elections, anticipates one ministerial seat. (With inputs from agencies.)
PESHAWAR, (UrduPoint / Pakistan Point News - 23rd Nov, 2024) A delegation led by global head of Voluntary Service Overseas (VSO) International Joyce Laker visited here to strengthen partnerships and overview ongoing programs in . The delegation’s members interacted with children, champions, community elders as well as officials and experts about the key successes, challenges and problems being faced by the children of , said a press release issued here Saturday. They also met with the Secretary Elementary & Secondary , Masood Ahmad where Joyce Laker reassured the VSO’s commitment to supporting the provincial sector, particularly in the marginalized areas. The Secretary said that is a global issue; we cannot ignore the rights of the children. Access to basic is the right of every child and we need to work together to contribute towards the global cause of . Secretary told the participants that teacher’s deficiency is the major issue we are facing and with the support of VSO and other partner organizations; we need to engage volunteer teachers for various subjects to overcome the issue of lack of teachers in schools. He also acknowledged the contribution of VSO and PRDS for ongoing projects, especially support in enrollment campaign. The participants were told that PRDS aims to provide access to comprehensive, equitable and quality for and other children affected by various crises in the country. Under the program, PRDS distributed 1596 computer tablets among the teachers, similarly bags and other materials were also provided to the enrolled students. The delegation also visited various project sites, including early childhood centers, community learning centers, and formal schools being supported by VSO-ECW funded program, to witness the successful models and ongoing and completed initiatives. The delegation included country representative VSO , Seher Afsheen, CEO Participatory Rural Development Society, Arjumand Shah, program manager MYRP, Tariq Hayat Yousafzai and others. During a to University, chairman department of Social Work, Ahmad said that youth are enthusiastic to work as volunteers, but they need opportunities to polish their capabilities and skills. VSO head appreciated the efforts of the social work department and said that VSO’s work in focuses on improving access to quality , particularly for marginalized children and youth. She said that through a range of programs, VSO supports the development of early childhood , community-based learning, and teacher training. Meanwhile during to , Deputy Regional Directress Nafeesa Bibi briefed the participants about the joint venture of the university, VSO and PRDS and said that under the project they awarded scholarship to more than 1200 girls including madaris students, who couldn’t complete their matriculation due to various reasons including lack of access to school, financial and cultural barriers. While sharing her views, Joyce said that this has reinforced our commitment to and the transformative power of . “We are inspired by the dedication of our local partners and the resilience of the communities we serve. By working together, we can create a brighter future for all”, she added. At the end, souvenirs and shields were also presented to the head of VSO and other guests. APP/adi
PITTSBURGH, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. DUOL , the world's leading mobile learning platform, announced today that it has appointed Bonnie Ross as an independent board member. Ms. Ross is a pioneering visionary with 30 years of experience working in the gaming industry. Most recently, she served as Corporate Vice President for Microsoft and Head of the Halo franchise. In her leadership role, she was instrumental in advancing the Halo franchise, leveraging a dedicated and talented team to incorporate cutting-edge technology and storytelling. She led the expansion of Halo's reach into transmedia, contributing to its evolution into a global phenomenon with over $6 billion in consumer spend, spanning games, live-action series, novels, and consumer products. "A core principle at Duolingo is ‘make it fun', because learning shouldn't be boring," said Luis von Ahn, CEO and co-founder of Duolingo. "Bonnie has deep experience in creating fun and innovative gaming experiences and building iconic global franchises. I couldn't be happier to welcome her to our board." "As an enthusiastic Duolingo user, I'm inspired by the platform's ability to make learning entertaining and engaging. It fosters a competitive and social learning environment and challenges me to keep making daily progress, particularly in my quest to impress Lily," said Ms. Ross. "I'm eager to contribute to Duolingo's mission of making high-quality education fun and available to everyone." During her career at Microsoft, Ms. Ross developed or published many top titles, including Zoo Tycoon, Mass Effect and Gears of War . In 2019 she was inducted into the AIAS Hall of Fame for her contributions to the gaming industry and for her efforts to promote STEM learning and diversity, as a co-founder of the Women in Gaming community. She currently serves on the Dean's Leadership Council for the College of Natural Sciences at Colorado State University. About Duolingo Duolingo is the leading mobile learning platform globally. Its flagship app has organically become the world's most popular way to learn languages and the top-grossing app in the Education category on both Google Play and the Apple App Store. With technology at the core of everything it does, Duolingo has consistently invested to provide learners a fun, engaging, and effective learning experience while remaining committed to its mission to develop the best education in the world and make it universally available. Contact Information Investors: Deborah Belevan, IRC, CPA ir@duolingo.com Media: Sam Dalsimer press@duolingo.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6411a015-afbc-4c08-8893-6f29bdd7924d © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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About 43,000 Ukrainian soldiers have died defending their homeland from invading Russian armies in the three years since dictator Vladimir Putin launched the war, Ukrainian President Volodymyr Zelensky has said in a rare casualty update. That tally — which is about 15,000 less than what the US lost during eight years of fighting in Vietnam — doesn’t count the wounded, which Zelensky said has eclipsed about 370,000, according to The Independent. Some of those soldiers were wounded more than once, and some of the injuries were minor. But the casualty list is still shocking in an era when full-scale ground wars are relatively rare. “Our people are defending their homes at the cost of their lives, and every life of our soldiers and our civilians is precious to us,” Zelensky said in the statement. Until now, neither Russia nor Ukraine have shared total military losses, with the outlet saying they are treated as state secrets. But Zelensky added that Ukrainian troops have killed about 198,000 Russian soldiers and wounded more than a half-million. Russian losses have surged in the last few months, he added — even as the invaders slowly gain ground in their advance across eastern Ukraine. “Since September of this year, Russia has been losing people on the battlefield in a ratio of 5 and even 6 to 1 for us,” the president wrote on his Telegram channel. “This is how they want to seize more land before the world’s pressure on them can become unbearable.” President-elect Donald Trump has called on Putin to green-light an “immediate ceasefire” — but it’s unclear if his entreaties will work. “Zelensky and Ukraine would like to make a deal and stop the madness,” Trump wrote on social media Sunday.