
Merrimack holds Fordham to 31 yards offense in 19-3 winUS stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation. Tech titan Oracle dragged on the market and sank 6.7% after reporting growth for the latest quarter that fell just short of analysts' expectations, the reports. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. AI has been a big source of growth that's helped many companies' stock prices skyrocket. Oracle's stock had already leaped nearly 81% for the year coming into Tuesday, which raised the bar of expectations for its profit report. Elsewhere on Wall Street, Alaska Air Group soared 13.2% after raising its forecast for profit in the current quarter. The airline said demand for flying around the holidays has been stronger than expected. It also approved a plan to buy back up to $1 billion of its stock, along with new service from Seattle to Tokyo and Seoul. Boeing climbed 4.5% after saying it's resuming production of its bestselling plane, the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Economists expect Wednesday's inflation report to show roughly similar increases as the month before. Many investors expect the year's third cut to interest rates at the Fed's meeting next week. Even though the Fed has been cutting its main interest rate, mortgage rates have been more stubborn and have been volatile since the autumn. That has hampered the housing industry, and homebuilder Toll Brothers' stock fell 7% even though it beat analysts' expectations for profit and revenue in the latest quarter.
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Remembering Jimmy Carter, the only Democratic president to win Texas in nearly 50 years
Natixis Advisors LLC lifted its position in shares of Align Technology, Inc. ( NASDAQ:ALGN – Free Report ) by 21.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,654 shares of the medical equipment provider’s stock after buying an additional 3,344 shares during the quarter. Natixis Advisors LLC’s holdings in Align Technology were worth $4,744,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. grew its position in shares of Align Technology by 854.5% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 105 shares of the medical equipment provider’s stock worth $25,000 after buying an additional 94 shares in the last quarter. Innealta Capital LLC bought a new position in shares of Align Technology during the 2nd quarter worth $26,000. Rothschild Investment LLC bought a new position in shares of Align Technology during the 2nd quarter worth $26,000. Versant Capital Management Inc grew its position in shares of Align Technology by 547.1% during the 2nd quarter. Versant Capital Management Inc now owns 110 shares of the medical equipment provider’s stock worth $27,000 after buying an additional 93 shares in the last quarter. Finally, LRI Investments LLC bought a new position in shares of Align Technology during the 1st quarter worth $29,000. Institutional investors own 88.43% of the company’s stock. Align Technology Stock Performance NASDAQ ALGN opened at $225.89 on Friday. Align Technology, Inc. has a fifty-two week low of $196.09 and a fifty-two week high of $335.40. The firm has a market capitalization of $16.86 billion, a P/E ratio of 38.55, a PEG ratio of 5.77 and a beta of 1.65. The stock has a 50-day simple moving average of $228.54 and a two-hundred day simple moving average of $238.16. Analyst Upgrades and Downgrades A number of brokerages recently weighed in on ALGN. Morgan Stanley decreased their price objective on Align Technology from $310.00 to $280.00 and set an “overweight” rating for the company in a research note on Thursday, October 24th. Stifel Nicolaus decreased their price objective on Align Technology from $285.00 to $275.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Evercore ISI dropped their target price on Align Technology from $270.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Robert W. Baird decreased their price target on Align Technology from $325.00 to $276.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Finally, Piper Sandler decreased their price target on Align Technology from $285.00 to $275.00 and set an “overweight” rating for the company in a research note on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $276.38. Check Out Our Latest Stock Report on ALGN About Align Technology ( Free Report ) Align Technology, Inc designs, manufactures, and markets Invisalign clear aligners, and iTero intraoral scanners and services for orthodontists and general practitioner dentists in the United States, Switzerland, and internationally. The company's Clear Aligner segment offers comprehensive products, including Invisalign comprehensive package that addresses the orthodontic needs of younger patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of six and ten years, which is a mixture of primary/baby and permanent teeth. Further Reading Want to see what other hedge funds are holding ALGN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Align Technology, Inc. ( NASDAQ:ALGN – Free Report ). Receive News & Ratings for Align Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Align Technology and related companies with MarketBeat.com's FREE daily email newsletter .
Hail Flutie: BC celebrates 40th anniversary of Miracle in Miami
Dismantling the Trump-etORLANDO, Fla. , Dec. 5, 2024 /PRNewswire/ -- Magnifica, a global high-luxury lifestyle brand under CIG Companies, is set to redefine elevated living experiences with its highly anticipated launch event on December 9th, 2024 , at the Dr. Phillips Performing Arts Center in Orlando , FL. Under the visionary leadership of Charles D. Carey , CEO and Co-Founder, Magnifica celebrates an expansive vision of luxury that includes its signature developments—Magnifica Residences and Magnifica Resorts, both slated for launch in 2026—and its bold foray into the luxury aviation sector with Magnifica Air, taking flight in 2027. A Revolutionary Vision for Modern Luxury Magnifica embodies a balanced approach to luxury, blending timeless design with sustainable innovation. Guided by CIG Companies' commitment to impactful investments in clean energy and local conservation, Magnifica represents the pinnacle of elevated living. From elegant residences to immersive resort experiences, every Magnifica offering reflects an unwavering dedication to quality, sustainability, and community enrichment. Propelling this vision further is Magnifica Air, poised to disrupt the luxury aviation space with its trailblazing approach to personalized air travel. With the filing for FAA certification, Magnifica Air is ready to redefine the customer journey from the ground up. The certification process, an intensive evaluation involving design reviews, safety tests, and operational validations, underscores Magnifica Air's commitment to the highest standards of safety and excellence. Magnifica Air: Redefining the Skies Designed to bridge the exclusivity of private aviation with the accessibility of premium commercial travel, Magnifica Air offers a truly bespoke experience. Every detail has been designed to elevate the passenger journey, from its spacious, elegantly designed cabins to cutting-edge technology that ensures frictionless, tailored service. "Magnifica Air isn't just about getting from one place to another—it's about creating an unforgettable experience where luxury meets deeply personalized service," says Wade Black , CEO and Co-Founder of Magnifica Air "Our recent FAA certification filing reflects our dedication to operational excellence, innovation, and a customer-centric philosophy that ensures each traveler feels known and valued." An Evening of Elegance and Vision The December 9th launch event will be a celebration of culture, innovation, and high luxury. Guests will be treated to a captivating performance by the Orlando Philharmonic Orchestra, alongside other notable musicians and artists, a showcase of Magnifica's master plan, and exclusive previews of upcoming projects, including Magnifica Residences and Resorts. A highlight of the evening will be an exclusive preview of Magnifica Air, offering a glimpse into the unparalleled travel experiences that await. The evening will culminate in a private afterparty at the Magnifica Residence Showroom, where guests will experience the artistry and intentionality behind Magnifica's iconic designs. From curated cuisine to thoughtful architectural details, every element will reflect the brand's ethos of timeless luxury. The Magnifica Experience: A Lifestyle Redefined From its meticulously crafted homes to transformative travel experiences, Magnifica is more than a brand—it is a promise to deliver elevated living. With Magnifica Air leading the charge into the future of luxury aviation, the Magnifica portfolio is a testament to the art of creating meaningful, unforgettable experiences. For media inquiries and event attendance requests, please contact: Magnifica Media Relations info@magnifica.com About Magnifica Magnifica, a subsidiary of CIG Companies, is dedicated to redefining luxury living through exceptional design, sustainable practices, and transformative experiences. The Magnifica portfolio includes Magnifica Residences, Magnifica Resorts, and Magnifica Air, each a testament to the brand's commitment to creating spaces and journeys that inspire, connect, and endure. About CIG Companies CIG Companies is a leader in high-value sustainable investments across diverse sectors, including real estate, clean energy, and infrastructure. With a focus on innovation and community impact, CIG Companies shapes projects that leave a lasting legacy View original content to download multimedia: https://www.prnewswire.com/news-releases/magnifica-unveils-the-future-of-luxury-living-at-december-9th-launch-event-orlando-fl--december-2024-302324357.html SOURCE Magnifica, LLC Stay Informed: Subscribe to Our Newsletter Today