6. **Pricing and Availability**:
It’s just about time to call it quits on 2024 and already the previous year feels like a blur. Before we set our sights on the future, though, let’s take a moment to take a glance back. Interprovincial Manhunt One of the most startling stories to hit our region last year began in the wee hours of a summer morning, bringing tragedy to Niverville’s doorstep. On June 5, residents awoke to news of a police confrontation in front of the Shell station on the west side of town. As the day unfolded, locals learned that one man was dead as a result of RCMP gunfire and two more suspected criminals had fled the scene in a stolen vehicle. David Frank Burling, 29, was arrested in rural Saskatchewan after a chase across two provinces that ended later in the day. The woman in his company was eventually released without charges. Burling and his deceased accomplice, Tristan Mariash, had a long history with the law. Both had received early release from prison months prior. In February 2023, Burling was charged with attempted murder, assaulting a police officer with a weapon, flight from police, dangerous operation of a motor vehicle, possession of stolen property, and two counts of theft. After serving just 72 days of a two-and-a-half-year sentence, Burling was at it again. The manhunt began just after midnight in Winnipeg. Working together, the Winnipeg Police Service and RCMP tracked the trio’s stolen F-350 with the aid of a police helicopter, leading them to Providence University College in Otterburne. One Otterburne resident recalled waking up to the sound of gunshots near his home on campus. Proof of the altercation could be seen in the form of a police cruiser on the side of the highway. It contained 14 bullet holes. The manhunt continued to Niverville, where the criminals were spotted attempting to steal a different vehicle parked at the Shell station. Some residents reported being awoken around 3:00 a.m. to the sound of a woman’s screams. Burling and his female companion successfully fled the scene, but Mariash died when attempts by Niverville EMS to resuscitate him failed. Stormy Rollout of Plan20-50 Perhaps the most tumultuous story came later in the summer, due to a high tide of public criticism over the Winnipeg Metro Region’s (WMR) proposed Plan20-50, a 127-page document intended to operate as a 30-year guide to regional planning for the 18 municipalities making up the capital region, including Niverville and the RM of Ritchot. Events came to a head on August 8 when a public hearing held by the WMR at the Niverville Heritage Centre was met with hundreds of disgruntled attendees. Many were turned away due to a lack of seating. RCMP were on site to maintain order. That August public hearing had to be cancelled. To date, no new hearing has been set and the future of the plan is highly uncertain. For many attending the meeting that day, Plan20-50 is anything but innocuous. Many believe it represents a threat to the freedom of movement Manitobans currently enjoy. Terms such as “15-minute city,” “density targets,” and “global agenda” cropped up in conversation and social media for weeks. One Niverville public council meeting required an RCMP presence. Some Plan20-50 objectors were escorted out when they demanded their voice be heard in a session unrelated to plan. In the coming weeks, several councils expressed disenchantment with Plan20-50 and the WMR’s approach, among them the Town of Niverville and Ritchot mayor Chris Ewen. “This letter is not to express my position either for or against the plan itself, but to indicate my concern about the misinformation and the lack of clarification allowed from the WMR board members,” Ewen said in his public statement. In part, he referred to a letter from the WMR which requested that board members not communicate about Plan20-50 with their constituents during the public hearing process. Around the same time, a statement from Niverville’s council conveyed a list of specific concerns, including Niverville’s forced inclusion on the WMR board. Mandated participation from the 18 RMs had been made official in March 2023. Late in the summer, Premier Wab Kinew stated his intent to provide an opt-out option for municipalities. Tumult in Education The year also brought turmoil to local two school divisions. The Seine River School Division (SRSD) was assigned a provincial investigator in January to conduct a deep dive into the division’s troubled finances. This was in response to the revelation of a $3.1 million deficit reported by the division late in 2023. It was estimated that the deficit would grow to $5.3 million without some deep budget cuts. The coming weeks required hard work from the SRSD trustee board in terms of cutbacks and tax hikes. The board also faced the prospect of losing a number of teachers who were considering a move at the end of the school year. If that weren’t enough, a 15-day strike of custodial workers followed in February, which ended with the trustee board agreeing to a wage increase. By May, superintendent/CEO Ryan Anderson called it quits. He was replaced by Hanover School Division’s (HSD) Colin Campbell later that summer. HSD itself underwent a staffing shake-up this past year, with superintendent/CEO Shelley Amos giving notice early in 2024. The role was assumed by Joe Thiessen, a 28-year HSD veteran. And when Campbell left shortly after, he was replaced by Marlin Adrian. Other big administrative changes came to the Niverville High School when Principal Kimberley Funk gave her notice. Funk had been instrumental in opening the school in 2019 and played a significant role in the implementation of a project-based program. Funk was replaced by Paul Grosskopf, new to HSD after years serving as vice principal and instructional coach at École St. Adolphe. As in the case of the SRSD, the province deemed it necessary to appoint an advisor to the HSD trustee board last year, too. This was the result of accusations of discrimination by a group calling themselves the Hanover Parent Alliance for Diversity (HPAD). This was the second time in seven years that the HSD board faced such allegations. In both cases, the concerns revolved around the division’s lack of inclusivity for members of the LGBTQ community. HPAD alleged that the board was attempting to vet teachers who identified with or were sympathetic to the LGBTQ community, a role which traditionally does not fall into the trustees’ wheelhouse. Late last year, HSD announced staffing cuts for 93 educational assistants (EA) due to a lack of government follow-through on funding promised through Jordan’s Principle grants. “In early summer, the regional office for Indigenous Services Canada informed us that, based upon our renewal application for Jordan’s Principle funding, we could proceed with hiring staff for the start of the new school year,” superintendent-CEO Joe Thiessen said. “With this information, we proceeded in good faith that funding was secured. However, over the past few months, responsibility for administering the funding shifted to the federal office of Indigenous Services Canada. This change was introduced without our knowledge and now requires us to reapply for funding, which we intend to do.” In the meantime, a good number of HSD’s Indigenous students currently lack the EA supports they’ve become accustomed to in recent years. Infrastructure Starts and Stops Both Ritchot and Niverville saw some significant infrastructure improvements this year. After years of waiting on the province, residents of Île-des-Chênes are finally driving along a rebuilt Main Street, although construction wasn’t without its issues. It didn’t take some residents long to criticize the seemingly narrow lanes being created with the development of bump-outs, or parking bubbles, along the street. Following conversations between the construction company, the RM’s public works department, and an engineering team, it was concluded that wider lanes would be preferable. The already installed concrete curbing was removed and rebuilt, widening the lane from 10 feet, 8 inches to a full 12 feet. Meanwhile, tendering for St. Adolphe’s Main Street rebuild is scheduled to begin in spring 2025. Ste. Agathe residents are also adjusting to new traffic flows thanks to the restoration of the Louis Riel Bridge. In its entirety, construction is expected to last well into 2026. This project, estimated at $48.6 million, will involve a major reconstruction of the structure’s foundation to bring it up to current federal standards. The deck and railings will be replaced, creating wider lanes and shoulders. The sidewalk will be separated from traffic by concrete barriers. The Louis Riel Bridge was first built in 1959, replacing a ferry system that had transported vehicles across the Red River. It has since served as a vital east-west link, connecting traffic from the east side of the river to Highway 75. Another significant infrastructure undertaking this year resulted in a large-scale refurbishment of the RM’s civic office building and grounds. The building is now twice as large and includes new council chambers, a brightly lit reception area, and new office spaces. A ribbon-cutting ceremony took place on October 16. However, another Ritchot project never made it off the ground. This was Legacy Park in Île-des-Chênes. For more than a decade, council had been working with a planning committee to establish the details of a 40-acre park to be built on land leased from TC Energy. In July, a statement from the RM revealed that TC Energy had had a change of heart. “Our plan was to use this land to develop a much-needed park space in the community,” the RM said. “Unfortunately, and to our disappointment, TC Energy has stated that they are unable to donate this parcel of land at this time but will work with the municipality to identify other areas they may be able to support the community.” One month later, a residential development was temporarily put on hold in St. Adolphe. The housing project at 420 Main Street was nearly ready to get underway when newly placed lot boundary markers uncovered an unexpected problem. On the development side of the markers lay a grave marked by a headstone with the name Marie-Thérèse Leclerc. Leclerc was seven years old at the time of her death and had been laid to rest here, next to the parish cemetery, more than a century earlier. The story took on a surprising twist when parishioners and longtime St. Adolphe residents began to speak up with knowledge of other historical graves on the site. It turned out that grave makers for many children once buried here had been washed away during the 1950 flood. All that had been left to memorialize them was a granite cairn, erected at the southeast corner of the parish property. On that cairn is etched the names of dozens of deceased who are listed in the parish’s records. In late September, the province sent in an excavation team to determine the degree to which these graves would be disturbed by the residential development. Later that same week, construction was finally able to get going. Water Hookups and Land Annexations In March, Niverville’s council was taken by surprise when hundreds of residents showed up to an informational open house on the topic of an opportunity for them to hook up to the town’s water system. At present, there are still about 700 households using private wells in Niverville. The goal of council that night was to glean public interest in municipal water treatment plant hookup if a significant grant could be obtained to help mitigate homeowner costs. Passions ran high for many who attended the meeting, worried they were being pushed into a very expensive hookup for a service they didn’t want. In the end, the mayor and council answered questions as best they could and provided a survey for well owners to fill out. Without an 80 percent buy-in, they said they would not proceed with water treatment plant mainlines through the older sections of Niverville. A few weeks later, the results were in. Based on responses from 51 percent of affected homeowners, the answer was a resounding no. Niverville was on the receiving end of another no late in the year. In November, the province officially declined council’s request for a 2,600-acre land annexation. The land in question runs to Niverville’s east, from the community’s current boundary all the way to Highway 59. If approved, it would have more than doubled Niverville’s current footprint and provided an answer to how the community can continue to grow over the next 50 years. For now, Mayor Myron Dyck says, the plan has gone back to the drawing board. Council first applied to the province for this annexation two years ago in response to a sustainable growth strategy report prepared for them by Urban Systems. According to that report, based on Niverville’s current rate of growth, the community would run out of developable residential land in the next 15 to 20 years. “Although 20 years may seem like a long time, it is important to plan proactively for the future to ensure sustainable growth for Niverville,” stated a 2022 council press release. “Transferring lands now will ensure that [the parcels] do not become fragmented or developed with incompatible uses, and more difficult to transfer or develop in the future.”
The United States saw an 18.1% increase in homelessness this year, a dramatic rise driven mostly by a lack of affordable housing as well as devastating natural disasters and a surge of migrants in several parts of the country, federal officials said Friday. The U.S. Department of Housing and Urban Development said federally required tallies taken across the country in January found more than 770,000 people were counted as homeless — a number that misses some people and does not include those staying with friends or family because they don't have a place of their own. That increase comes on top of a 12% increase in 2023, which HUD blamed on soaring rents and the end of COVID-19 pandemic assistance. The 2023 increase also was driven by people experiencing homelessness for the first time. The numbers overall represent 23 of every 10,000 people in the U.S., with Black people being overrepresented among the homeless population. People are also reading... A man walks past a homeless encampment Oct. 25, 2023, in downtown Los Angeles. Jae C. Hong, Associated Press "No American should face homelessness, and the Biden-Harris Administration is committed to ensuring every family has access to the affordable, safe, and quality housing they deserve," HUD Agency Head Adrianne Todman said in a statement, adding that the focus should remain on "evidence-based efforts to prevent and end homelessness." Among the most concerning trends was a nearly 40% rise in family homelessness — one of the areas that was most affected by the arrival of migrants in big cities. Family homelessness more than doubled in 13 communities impacted by migrants including Denver, Chicago and New York City, according to HUD, while it rose less than 8% in the remaining 373 communities. Almost 150,000 children experienced homelessness on a single night in 2024, reflecting a 33% jump from last year. Disasters also played a part in the rise in the count, especially last year's catastrophic Maui wildfire, the deadliest U.S. wildfire in more than a century. More than 5,200 people were in emergency shelters in Hawaii on the night of the count. Louisiana Wildlife and Fisheries agents assist state police as they order people living in a homeless encampment to move to a different designated location during a sweep ahead of a Taylor Swift concert in New Orleans. Gerald Herbert, Associated Press "Increased homelessness is the tragic, yet predictable, consequence of underinvesting in the resources and protections that help people find and maintain safe, affordable housing," Renee Willis, incoming interim CEO of the National Low Income Housing Coalition, said in a statement. "As advocates, researchers, and people with lived experience have warned, the number of people experiencing homelessness continues to increase as more people struggle to afford sky-high housing costs." Robert Marbut Jr., the former executive director of the U.S. Interagency Council on Homelessness from 2019 to 2021, called the nearly 33% increase in homelessness over the past four years "disgraceful" and said the federal government needs to abandon efforts to prioritize permanent housing. "We need to focus on treatment of substance use and mental illness, and bring back program requirements, like job training," Marbut said in an email. Listen now and subscribe: Apple Podcasts | Spotify | RSS Feed | SoundStack | All Of Our Podcasts The numbers also come as increasing numbers of communities are taking a hard line against homelessness. People living in a homeless encampment pick up belongings Oct. 23 after Louisiana State Police ordered them to move to a different designated location during a sweep ahead of a Taylor Swift concert in New Orleans. Gerald Herbert, Associated Press Angered by often dangerous and dirty tent camps, communities — especially in Western states — have enforced bans on camping. That follows a 6-3 ruling this summer by the Supreme Court that found outdoor sleeping bans don’t violate the Eighth Amendment. Homeless advocates argued that punishing people who need a place to sleep would criminalize homelessness. There was some positive news in the count, as homelessness among veterans continued to trend downward. Homelessness among veterans dropped 8% to 32,882 in 2024. It was an even larger decrease for unsheltered veterans, declining 11% to 13,851 in 2024. "The reduction in veteran homelessness offers us a clear roadmap for addressing homelessness on a larger scale," Ann Oliva, CEO of the National Alliance to End Homelessness, said in a statement. "With bipartisan support, adequate funding, and smart policy solutions, we can replicate this success and reduce homelessness nationwide. Federal investments are critical in tackling the country's housing affordability crisis and ensuring that every American has access to safe, stable housing." Several large cities had success bringing down their homeless numbers. Dallas, which worked to overhaul its homeless system, saw a 16% drop in its numbers between 2022 to 2024. Los Angeles, which increased housing for the homeless, saw a drop of 5% in unsheltered homelessness since 2023. A rat sniffs the hand of a sleeping man experiencing homelessness Dec. 18 in downtown Los Angeles. Damian Dovarganes, Associated Press California, the most populous state in the U.S., continued to have the nation's largest homeless population, followed by New York, Washington, Florida and Massachusetts. The sharp increase in the homeless population over the past two years contrasts with success the U.S. had for more than a decade. Going back to the first 2007 survey, the U.S. made steady progress for about a decade in reducing the homeless population as the government focused particularly on increasing investments to get veterans into housing. The number of homeless people dropped from about 637,000 in 2010 to about 554,000 in 2017. The numbers ticked up to about 580,000 in the 2020 count and held relatively steady over the next two years as Congress responded to the COVID-19 pandemic with emergency rental assistance, stimulus payments, aid to states and local governments and a temporary eviction moratorium. Emergency housing resources for older Americans in need Emergency housing resources for older Americans in need Homelessness is intertwined with the cost of living, and the high cost of living is hitting older adults fairly hard. A Westat survey for the Department of Health and Human Services found that older adults are the fastest-growing cohort of the homeless population. Emergency housing for seniors can keep that number from climbing higher. Caring.com details how to access it.The number of homeless seniors isn't based solely on people remaining homeless as they age; it also includes those whose first experience with homelessness came after they turned 50. In 2023, The U.S. Department of Housing and Urban Development (HUD) reported that 1 in 5 homeless people were over the age of 55.For seniors and other older adults, fixed incomes make it hard to battle the ever-increasing cost of expenses. Endhomelessness.org cites that 2.35 million older adults are paying over half of their limited income to rent. Based on Caring.com's July 2024 survey of seniors in the workforce, that's exactly why 1 in 15 retired seniors worry about losing their homes. Shelter use in homeless people older than 51 has gone up over 10% from 2007 to 2017, according to the HUD. But luckily, so has the number of shelters. Between 2022 and 2023, the HUD reports that emergency shelters added 28,760 more beds in emergency shelters, though this is a reduction in the amount of beds available during the thick of the COVID-19 pandemic.What Is Emergency Housing?Emergency homeless assistance, or emergency housing, is a temporary solution. It's designed to provide shelter while those facing housing instability figure out their next step. Emergency housing for homeless seniors gives someone the immediate ability to remain housed and safely sheltered. Local nonprofits are often involved in placing people experiencing homelessness or housing instability into emergency shelters. Low-income seniors, seniors who are low on funds and might not make rent, or seniors who need to leave their homes for other reasons can use emergency housing.How To Find Emergency Housing For SeniorsMany cities have their own emergency housing programs. There are also nationwide programs that provide emergency housing for seniors. The internet is the fastest tool for locating local emergency housing. Libraries have free internet access, for those who might not have a computer or Wi-Fi to begin their search. The list below leads to websites that include phone numbers for emergency homeless assistance.Senior Programs for Emergency Housing Crisis Hotline 2-1-1Seniors in need of immediate assistance and resources should call 2-1-1 or contact the United Way online. The 2-1-1 crisis hotline partners with United Way, which is committed to helping homeless seniors find local shelters or access transitional housing. The service can also connect seniors with other resources, including food, mental health support, or funding for health care expenses. Calling 2-1-1 is often required as a prerequisite before trying to get into a shelter or obtaining other assistance.Eligibility informationBecause 2-1-1 is for people in crisis, there are no eligibility requirements. However, some programs seniors may access through 2-1-1 do have eligibility requirements.Application informationSeniors can simply dial 2-1-1 from nearly anywhere in the U.S. to be put in touch with the programs and resources they need.Housing Choice Voucher ProgramDesigned specifically for seniors, people with disabilities, and low-income families, the Housing Choice Voucher Program is a federal program offering low-income housing options and rent assistance. These vouchers are available through your local public housing agency (PHA).This program enables and encourages participants to choose their own housing. Housing options don't need to be a part of subsidized housing projects, but there are limits on unit size. Typically, participants must pay 30% of their monthly adjusted income towards their rent, and the voucher program pays the remainder.Eligibility information Applicant income and family size help the PHA determine eligibility. Citizenship and eligible immigration status also play a factor. The family's income cannot exceed 50% of the median income for the county or metropolitan area where they're applying to live. Of the vouchers, 75% must go to people whose income is at or less than 30% of their area's median income.Application information Contact your local public housing agency.Section 202 Supportive Housing for the Elderly ProgramThe Section 202 program helps expand the supply of affordable housing with supportive services for seniors. This program gives low-income seniors options that allow them to live independently, with support for cooking, cleaning, transportation, etc.Eligibility information This program is open to any very low-income household that has at least one person 62 years old or older.Application information Applicants must submit an application in response to a Notice of Funding Availability (NOFA) posted on Grants.gov.U.S Department of Housing and Urban Development-VA Supportive Housing Voucher (HUD-VASH)The HUD-VASH program was created as emergency homeless assistance for veterans. Its goal is to give homeless veterans access to permanent housing through public housing authorities. Veterans receive rental assistance through the HUD Housing Choice Voucher program and additional case management services through the VA. By December 2023, the HUD had allocated nearly 112,000 vouchers to help house veterans nationwide.To help veterans achieve stability and remain housed, VA case managers may connect veterans with support services such as health care, mental health treatment, and substance use counseling. Eligibility information If you or your loved one is a low-income senior with eligible military service, you may apply. Your local VA can tell you if your service qualifies you for HUD-VASH.Application informationSenior veterans may apply online or call (877) 424-3838.Emergency Housing Resources by StateClick here to learn more about the emergency housing options for seniors available in your state.The Bottom LineLow-income seniors who aren't in assisted living or independent living communities might find themselves facing housing instability. Emergency housing for seniors can help you or your loved one seek shelter. Crisis hotlines and public housing agencies can offer support.Senior Emergency Housing FAQHow long does it take to find emergency senior housing?Finding emergency housing for seniors depends heavily on your area. The first step is to call the Crisis Hotline at 2-1-1. Finding a shelter takes less time than applying and getting approved for low-income housing voucher programs. The 2-1-1 hotline can direct you to local resources and locators.Is there a limit to how long a senior can live in emergency housing?Yes and no. The duration depends on the type of housing. Shelters have limits that vary. Some shelters allow people to stay for up to six months, though that can vary based on demand. Seniors can remain in Section 202 supportive housing as long as they meet age and income requirements.Is there additional assistance for disabled seniors facing homelessness?Yes. Many counties have financial emergency programs that help seniors handle home repairs or short-term financial crises like utility shutoff. These programs allow the senior to focus their funds on their rent or mortgage.This story was produced by Caring.com and reviewed and distributed by Stacker Media. ShotPrime Studio // Shutterstock What Is Emergency Housing? How To Find Emergency Housing For Seniors Senior Programs for Emergency Housing Crisis Hotline 2-1-1 Housing Choice Voucher Program Section 202 Supportive Housing for the Elderly Program U.S Department of Housing and Urban Development-VA Supportive Housing Voucher (HUD-VASH) Emergency Housing Resources by State The Bottom Line Senior Emergency Housing FAQ Get Government & Politics updates in your inbox!Road safety campaigns swing into action for New Year
At the heart of the GPD WIN4 lies the AMD Ryzen 5 4680U processor, a powerhouse chip that ensures smooth performance and efficient multitasking capabilities. Paired with AMD Radeon Graphics, the GPD WIN4 is capable of handling graphically demanding games with ease, providing an immersive gaming experience wherever you go. Whether you're a casual gamer looking to pass the time or a hardcore enthusiast seeking to play the latest titles, the GPD WIN4 has got you covered.Kingsview Wealth Management LLC acquired a new position in W.W. Grainger, Inc. ( NYSE:GWW – Free Report ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 283 shares of the industrial products company’s stock, valued at approximately $294,000. Other institutional investors have also recently made changes to their positions in the company. Champlain Investment Partners LLC acquired a new stake in W.W. Grainger in the third quarter worth about $55,815,000. Meridian Wealth Management LLC purchased a new position in shares of W.W. Grainger in the 3rd quarter valued at approximately $404,000. Icon Wealth Advisors LLC boosted its stake in W.W. Grainger by 19,883.4% in the 3rd quarter. Icon Wealth Advisors LLC now owns 36,170 shares of the industrial products company’s stock worth $37,574,000 after purchasing an additional 35,989 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in W.W. Grainger by 3.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 284,666 shares of the industrial products company’s stock worth $295,714,000 after purchasing an additional 8,552 shares during the last quarter. Finally, Banco Santander S.A. increased its stake in W.W. Grainger by 1.5% during the 3rd quarter. Banco Santander S.A. now owns 11,756 shares of the industrial products company’s stock valued at $12,212,000 after purchasing an additional 173 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock. Wall Street Analysts Forecast Growth GWW has been the subject of several research reports. Wolfe Research upgraded shares of W.W. Grainger to a “hold” rating in a research note on Sunday, September 22nd. Morgan Stanley lifted their price target on W.W. Grainger from $990.00 to $1,215.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 19th. Northcoast Research initiated coverage on W.W. Grainger in a report on Tuesday, October 29th. They issued a “neutral” rating on the stock. Robert W. Baird raised W.W. Grainger from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $975.00 to $1,230.00 in a report on Wednesday, October 16th. Finally, Royal Bank of Canada increased their price target on shares of W.W. Grainger from $1,018.00 to $1,125.00 and gave the stock a “sector perform” rating in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $1,109.00. W.W. Grainger Trading Up 0.1 % GWW stock opened at $1,206.50 on Friday. The company has a quick ratio of 1.68, a current ratio of 2.59 and a debt-to-equity ratio of 0.59. W.W. Grainger, Inc. has a 52-week low of $775.00 and a 52-week high of $1,227.66. The company’s 50-day simple moving average is $1,113.99 and its 200-day simple moving average is $1,004.11. The firm has a market cap of $58.76 billion, a P/E ratio of 32.67, a PEG ratio of 3.33 and a beta of 1.15. W.W. Grainger ( NYSE:GWW – Get Free Report ) last issued its quarterly earnings results on Thursday, October 31st. The industrial products company reported $9.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.98 by ($0.11). The business had revenue of $4.39 billion for the quarter, compared to analysts’ expectations of $4.40 billion. W.W. Grainger had a return on equity of 51.78% and a net margin of 10.80%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $9.43 EPS. As a group, equities analysts forecast that W.W. Grainger, Inc. will post 38.92 EPS for the current fiscal year. W.W. Grainger Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Sunday, December 1st. Shareholders of record on Monday, November 11th will be given a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date is Friday, November 8th. W.W. Grainger’s dividend payout ratio is presently 22.23%. Insider Activity In other news, CFO Deidra C. Merriwether sold 704 shares of W.W. Grainger stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $1,105.59, for a total value of $778,335.36. Following the sale, the chief financial officer now directly owns 9,509 shares of the company’s stock, valued at $10,513,055.31. The trade was a 6.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link . Also, CEO Donald G. Macpherson sold 27,502 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $1,000.82, for a total value of $27,524,551.64. Following the completion of the transaction, the chief executive officer now directly owns 111,559 shares of the company’s stock, valued at approximately $111,650,478.38. This represents a 19.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 50,900 shares of company stock worth $52,640,733 over the last 90 days. 9.50% of the stock is currently owned by company insiders. W.W. Grainger Company Profile ( Free Report ) W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools. 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GSA Capital Partners LLP purchased a new stake in Iovance Biotherapeutics, Inc. ( NASDAQ:IOVA – Free Report ) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 25,824 shares of the biotechnology company’s stock, valued at approximately $242,000. A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Perceptive Advisors LLC boosted its stake in Iovance Biotherapeutics by 34.6% in the 2nd quarter. Perceptive Advisors LLC now owns 25,933,142 shares of the biotechnology company’s stock worth $207,984,000 after purchasing an additional 6,660,151 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Iovance Biotherapeutics by 9.2% during the first quarter. Vanguard Group Inc. now owns 24,915,300 shares of the biotechnology company’s stock worth $369,245,000 after buying an additional 2,102,480 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Iovance Biotherapeutics by 60.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,267,864 shares of the biotechnology company’s stock valued at $78,071,000 after buying an additional 1,991,262 shares during the last quarter. Long Focus Capital Management LLC increased its position in shares of Iovance Biotherapeutics by 195.1% in the 2nd quarter. Long Focus Capital Management LLC now owns 4,132,000 shares of the biotechnology company’s stock valued at $33,139,000 after acquiring an additional 2,731,688 shares during the period. Finally, Principal Financial Group Inc. increased its position in shares of Iovance Biotherapeutics by 59.0% in the 3rd quarter. Principal Financial Group Inc. now owns 4,033,184 shares of the biotechnology company’s stock valued at $37,872,000 after acquiring an additional 1,496,941 shares during the period. Hedge funds and other institutional investors own 77.03% of the company’s stock. Iovance Biotherapeutics Price Performance Shares of Iovance Biotherapeutics stock opened at $8.55 on Friday. The stock has a market capitalization of $2.61 billion, a price-to-earnings ratio of -5.74 and a beta of 0.60. The business has a 50-day moving average of $9.91 and a 200 day moving average of $9.58. Iovance Biotherapeutics, Inc. has a 12 month low of $5.41 and a 12 month high of $18.33. Insider Buying and Selling at Iovance Biotherapeutics In related news, Director Ryan D. Maynard sold 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $10.06, for a total value of $503,000.00. Following the completion of the transaction, the director now directly owns 7,500 shares of the company’s stock, valued at $75,450. This represents a 86.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . Insiders own 12.10% of the company’s stock. Wall Street Analysts Forecast Growth IOVA has been the topic of several research reports. UBS Group started coverage on shares of Iovance Biotherapeutics in a report on Thursday, October 24th. They issued a “buy” rating and a $17.00 price target on the stock. StockNews.com upgraded Iovance Biotherapeutics to a “sell” rating in a research report on Monday, August 12th. HC Wainwright reaffirmed a “buy” rating and set a $32.00 target price on shares of Iovance Biotherapeutics in a report on Wednesday, November 6th. Finally, Piper Sandler cut shares of Iovance Biotherapeutics from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $19.00 to $10.00 in a research note on Monday, July 29th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $22.33. Check Out Our Latest Research Report on Iovance Biotherapeutics About Iovance Biotherapeutics ( Free Report ) Iovance Biotherapeutics, Inc, a commercial-stage biotechnology company, develops and commercializes cell therapies using autologous tumor infiltrating lymphocyte for the treatment of metastatic melanoma and other solid tumor cancers in the United States. The company offers Amtagvi, a tumor-derived autologous T cell immunotherapy used to treat adult patients with unresectable or metastatic melanoma; and Proleukin, an interleukin-2 product for the treatment of patients with metastatic renal cell carcinoma. Featured Articles Five stocks we like better than Iovance Biotherapeutics What Are Dividend Contenders? Investing in Dividend Contenders Vertiv’s Cool Tech Makes Its Stock Red-Hot Why Invest in 5G? How to Invest in 5G Stocks MarketBeat Week in Review – 11/18 – 11/22 Insider Buying Explained: What Investors Need to Know 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Iovance Biotherapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iovance Biotherapeutics and related companies with MarketBeat.com's FREE daily email newsletter .NEW YORK (AP) — Stocks fell in morning trading Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.4%, with more than 80% of stocks in the benchmark index losing ground. Still, the index is managing to hold onto a modest gain for the week. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Get the latest need-to-know information delivered to your inbox as it happens. Our flagship newsletter. Get our front page stories each morning as well as the latest updates each afternoon during the week + more in-depth weekend editions on Saturdays & Sundays.FILE PHOTO: French Economy, Finance and Industry Minister Antoine Armand attends a debate session on the first part of the 2025 budget bill (PLF) at the National Assembly in Paris, France, October 22, 2024. REUTERS/Stephanie Lecocq/File Photo PARIS - French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. France's budget deficit has spiralled out of control this year, pressuring French government bonds, although ratings agency Standard & Poor's gave Prime Minister Michel Barnier's fragile minority government a rare reprieve late on Friday by leaving its rating steady. Any relief is likely to prove short-lived with both the left and far right threatening to bring Barnier's government down over the budget, which seeks to squeeze 60 billion euros ($64 billion) in savings through tax hikes and spending cuts. Marine Le Pen's far right National Rally (RN), whose tacit support Barnier needs to survive a likely no confidence motion, has given him until Monday to accede to her demands to make further changes to the budget. "This government, under his authority, is willing to listen, to have a dialog, to be respectful, to improve this budget," Armand told journalists. Asked about the showdown with Le Pen, he said: "The only ultimatum really facing the French is that our country gets a budget." On Thursday, Barnier dropped plans to raise electricity taxes in the budget as the RN had demanded, but it is keeping pressure on the government to hike pensions in line with inflation where the government had hoped to postpone an increase to save money. RN lawmaker Jean-Philippe Tanguy told Les Echos newspaper on Saturday if the bill is not modified the party would back a no-confidence motion. The test could come as soon as Monday if Barnier's government has to use an aggressive constitutional measure to ram the social security financing legislation through parliament, which will trigger a no-confidence motion. "The government doesn't seem to want to move (on pensions). We are waiting to see the social security bill on Monday to draw conclusions," Tanguy said. The RN also wants planned cuts to medication reimbursements by the state to be axed, increased taxes on share buybacks and financial transactions as well as a cut in France's contribution to the European Union's budget. The government's aim to cut the budget deficit next year to 5% of economic output from over 6% this year is already sliding in the face of costly concessions made to the RN and other parties. Standard & Poor's said that it expected the deficit at 5.3% next year and said the outlook was unclear after that whether France could keep reducing the deficit to an EU limit of 3% as currently planned by 2029. As the RN has firmed up its demands, French debt and stocks have come under pressure in recent days, pushing the risk premium on French government bonds to their highest level in over 12 years. "The absence of a budget (and) political instability would bring a sudden and substantial increase in the financing costs of French debt," Armand said. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel now
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