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Shares of Intuitive Machines, Inc. ( NASDAQ:LUNR – Get Free Report ) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $17.89 and last traded at $17.26, with a volume of 5405566 shares trading hands. The stock had previously closed at $16.65. Wall Street Analyst Weigh In LUNR has been the subject of a number of recent analyst reports. Roth Mkm restated a “buy” rating and set a $10.00 price target on shares of Intuitive Machines in a report on Wednesday, September 18th. Benchmark upped their price objective on shares of Intuitive Machines from $10.00 to $16.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Cantor Fitzgerald upped their price objective on shares of Intuitive Machines from $10.00 to $15.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Canaccord Genuity Group cut their price objective on shares of Intuitive Machines from $19.00 to $17.50 and set a “buy” rating for the company in a research report on Friday, December 6th. Finally, B. Riley upped their price objective on shares of Intuitive Machines from $8.00 to $12.00 and gave the company a “buy” rating in a research report on Thursday, September 19th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $14.10. Get Our Latest Stock Analysis on Intuitive Machines Intuitive Machines Stock Down 3.6 % Insider Buying and Selling In other news, Director Kamal Seyed Ghaffarian sold 377,973 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $15.04, for a total transaction of $5,684,713.92. Following the completion of the sale, the director now owns 3,494,768 shares of the company’s stock, valued at approximately $52,561,310.72. This trade represents a 9.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link . Also, CEO Stephen J. Altemus sold 61,432 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $11.00, for a total transaction of $675,752.00. Following the sale, the chief executive officer now directly owns 910,919 shares of the company’s stock, valued at approximately $10,020,109. The trade was a 6.32 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 1,702,731 shares of company stock valued at $18,475,694 over the last quarter. Corporate insiders own 73.68% of the company’s stock. Institutional Trading of Intuitive Machines Hedge funds have recently modified their holdings of the company. Waldron Private Wealth LLC acquired a new stake in shares of Intuitive Machines during the third quarter worth approximately $83,000. Wedbush Securities Inc. bought a new stake in shares of Intuitive Machines during the second quarter valued at approximately $35,000. The Manufacturers Life Insurance Company bought a new stake in shares of Intuitive Machines during the third quarter valued at approximately $85,000. SG Americas Securities LLC bought a new stake in shares of Intuitive Machines during the third quarter valued at approximately $93,000. Finally, Creative Planning bought a new stake in shares of Intuitive Machines during the third quarter valued at approximately $105,000. Institutional investors and hedge funds own 72.21% of the company’s stock. About Intuitive Machines ( Get Free Report ) Intuitive Machines, Inc designs, manufactures, and operates space products and services in the United States. Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon. The company offers lunar access services, such μNova, lunar surface rover services, fixed lunar surface services, lunar orbit delivery services, rideshare delivery services to lunar orbit, as well as content sales and marketing sponsorships; and orbital services, including satellite delivery and rideshare, satellite servicing and refueling, space station servicing, satellite repositioning, and orbital debris removal. Recommended Stories Receive News & Ratings for Intuitive Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuitive Machines and related companies with MarketBeat.com's FREE daily email newsletter .
Solana Struggles While This New Altcoin Gains Ground in Bullish Market TrendsEndless traffic jams. Air thick with smog. Streets scattered with litter. The ever-present risk of scammers. The notorious Delhi belly. These were the perceptions many people hold of India where I come from in rural Lincolnshire and the rest of England as a whole. To be honest, many people were worried for me when I told them that I was moving here. When I first touched down in the bustling Delhi, everything about it– and India as a whole- felt extremely overwhelming at first. The teeming crowds, the unrelenting heat, and the striking beauty of its people and architecture was all a bit startling initially. However, the more I get used to living here and the more people I meet, the same question is persistently asked of me. What do I, as a British person, think of Delhi and India in general? India has fascinated me for many years even before I had the opportunity to work here. Now having experienced it firsthand, I’ve come to a conclusion: Delhi is extraordinary, even if it does want to beat you up a bit. What I have discovered is that India’s beauty lies not only in its vibrant food scene, stunning historical architecture, and rich culture but, most profoundly, in its people. The kindness, generosity, curiosity, and sense of pride here are unmatched—like nothing I have experienced anywhere else in the world. I grew up in a Church of England family (kind of), where attending church merely on Christmas Eve was the norm. On those evenings, we would sing Christmas carols to merely add a bit of feel to the Christmas season. I do appreciate there is much beauty and incredible work within the Christian faith. However, my upbringing in rural England offered little exposure to the richness of Eastern religion. That changed when I arrived here, where I had the opportunity to experience particularly Hinduism and Sikhism first hand and delve into the subject. I arrived just before Diwali, a festival I had absolutely zero familiarity with, but came quickly to admire. The vibrance of the celebration captivated me- the twinkling lights, the intricate artistry of rangoli adorning doorways and the unexpected generosity of gifts from colleagues I barely knew. It was amazing. One evening, admittedly accidently, I found myself wandering the streets of Humayunpur during the festivities. The setting was electric: fireworks and sparklers being set off from all directions, the beating of drums and explosions of different colours filling every peripheral of my vision. It was an assault to the senses in the greatest possible way. Learning about the Gurdwaras has been profoundly eye-opening for me. Discovering an institution that provides food and shelter to countless people, asking absolutely nothing in return, it blew me away. The selflessness and generosity embodied in this tradition is remarkable to me. India has such a beautiful landscape and hosts individuals with such depth, I can see why religion here is so colourful, welcoming, and fascinating. The more I discover about religion in India the more I want to learn. In 2022, India surpassed the United Kingdom in global GDP rankings to become the fifth- largest economy in the world- a milestone that is tangible as soon as you step into the bustling capital of Delhi. Areas like Aerocity and Gurgaon radiate the economic vitality, with their striking modern architecture and the presence of global brand names serving as clear markets of India’s ascent. However, the story of modern India’s transformation isn’t just written in steel and glass; it’s also reflected in the everyday conveniences that technology has brought to life. The revolutionary UPI system has redefined transactions with a simple tap of your phone- whether it’s a humble cup of chai from a roadside vendor or something as significant as a new car. Equally, services like Blinkit and Swiggy, which can deliver virtually anything you need in under 10 minutes. For someone experiencing this for the first time, it’s a real testament to how innovation and technology are shaping the fabric of daily life in India. As breathtaking as this country is, it’s not without its challenges. As a westerner, certain issues stand out to me, demanding attention and resolution. One of the most pressing issues is the annual smog that envelopes Delhi every year after it drifts from the farmlands South of the city . This smog, caused by the burning of crop stubble, leaves the city’s residents not only struggling to breath but also deeply embarrassed. It is clear that sustainable, effective measures are urgently needed to prevent such practices, which poison the very heart of the nations capital. Poverty, too, casts a long shadow over the country with an exponentially growing economy. Each day on my journey to work, I find no need for distractions like my phone. Instead, I look out the window at scenes that are both humbling and heart-breaking- a vivid reminder of how much needs to be done to lift countless lives out of hardship. Perhaps the most troubling issue, however, is women’s safety, particularly in Delhi. It is sickening that women here must constantly live with caution and fear in a country so rich in heritage and ambition- one that aspires to be a leading voice on the global stage. This is an issue that demands immediate and unwavering attention, for no nation can truly prosper until all its citizens, regardless of gender, feel safe and empowered. What pains me further is the issue of litter. It is bewildering to witness how some people treat such a beautiful country with such disregard. India is a place of unparalleled natural and cultural beauty, and yet it is marred by carelessly discarded rubbish. Why not take the pride that is so deeply ingrained in this nation and reflect it in its streets? A simple act, like placing litter in a bin could preserve so much of this country’s charm and magnificence. Although Delhi is a beast that must be respected, here, I feel like stories unfold around every corner, waiting to be discovered. As a British person, modern India is not a place to visit as part of some “Last Days of the Raj” fantasy, but rather as an exhilarating adventure. Like any country, India faces its share of challenges, yet that only adds to its complexity and depth. I firmly believe that everyone should visit this incredible country if they have the chance- not to seek a polished ideal, but to immerse themselves in its authentic, captivating reality. (This piece represents solely the author’s personal opinion and does not reflect the views of the organization or entity.) ALSO READ: From Santa’s Secrets to Christmas Cheer: A Guide to Rediscovering the Magic of the Season
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The dismissal of a class-action lawsuit over rules governing the cross-border live bee trade is casting a spotlight on political division within Canada’s beekeeping community. A federal judge has ruled against awarding commercial beekeepers damages from a decades-old partial ban on shipping live honeybees across the Canada-U.S. border, which is in place out of concerns that could bring in aggressive pests and diseases. Beekeepers from Western Canada involved in the suit claim the government’s risk assessments that inform the tight restrictions are hurting their businesses and are blown out of proportion. Michael Paradis of Paradis Honey Ltd., a seven-generation family beekeeping business based in Girouxville, Alta., and one of the representative plaintiffs in the case, said he’s disappointed with the ruling, saying it puts beekeepers in a “dangerous position” since the industry is already in crisis mode. “Canada does not have enough bees and cannot replenish its own stock at all,” he said. “It’s going to mean a lot more hardship for the industry if we cannot get access to the U.S. bees.” Beekeepers were slammed during the COVID-19 pandemic, when fewer airline flights made it harder to import bees and they suffered a nightmare year of winter losses in 2022. Manitoba commercial beekeeper Brent Ash, one of the witnesses in the case, said the ruling will hamper the industry, and makes it especially tough for apiaries in colder parts of the country like the Prairies, where most of Canada’s beekeepers are located. “Climate makes the regional divide difficult to keep those bugs alive over the course of the winter,” he said, noting honeybees are not native to North America. But Steve Moore, president of the Ontario Beekeepers’ Association, said his group worries about the risks of accidentally bringing in antibiotic resistant mites, the import of Africanized honeybees commonly known as killer bees, and a small hive beetle that’s capable of damaging colonies. “In Ontario here, we feel quite strongly that we don’t want to take the risk of it becoming even more challenging if some of these new and emerging threats come into the country in packages,” he said. But he empathizes with the plaintiffs. “When we go into our apiaries, we get stung by our bees. When we come home, we might be stung by a low honey price, stung by rising cost of production or stung by high overwintering losses, with the threat of new and emerging pathogens. So, we’re all facing the same challenges and it’s a challenging time to be a beekeeper,” he said. Even though a ban on U.S. live bee imports expired in 2006, Ottawa has not issued permits for the live worker bee boxes to be brought over the border since. The plaintiffs argued Ottawa owes them duty of care — and hundreds of millions in damages. The judge disagreed. “There is no duty of care owed and no negligence,” Justice Cecily Strickland wrote in a lengthy ruling, adding the plaintiffs failed to establish that Ottawa hurt their businesses. The case has a long history, dating back to a court filing from 2012, and was only certified as a class action in 2017. The problem is even older. Headlines from the 1980s screamed about fears that deadly infectious mites from U.S. states could level Canadian bee populations. Risks to bee health have only compounded since then. A 2003 risk assessment by the regulator found that importing queen bees was less risky, since they are easier to inspect. So, Canada allows imports of queen bees and their worker-bee attendants from the U.S., Chile, Australia, New Zealand, Denmark, Italy and Malta. “Bee packages carry a higher risk of disease introduction because they are shipped with the contents of their hive, which may include mites, parasites and bacteria,” said a statement from the Canadian Food Inspection Agency that welcomed the judge’s ruling. Canada does, however, also allow imports of worker bee packages from Italy, Chile, Australia and New Zealand, which sent Canada some 69,364 kgs of packaged bees in 2023, according to statistics from Agriculture and Agri-Food Canada. But importing from these countries also dramatically drives up import costs due to transportation. One of the plaintiffs, John Gibeau, wrote to CFIA a decade ago complaining that importing more than 1,200 packages for $170,000 would have cost half that if he could have purchased them from California instead. Gibeau said he wasn’t ready to comment since he hasn’t yet digested the ruling. Paradis said the larger issue for him than cost, though, is the quality of the bee stock and the timing of when shipments arrive. “We are looking at bees in the U.S. that are spring bees — young, invigorated bees,” he said, adding that gives them longer lifespans in Canada. While he was disappointed, Paradis said one of the main reasons for the lawsuit was to “bring CFIA to the table and to actually have some discussions” on the import ban, something he said has only happened recently. Canada’s honeybee pollination is estimated to contribute $3.18 billion directly to the economy, but that rises to $7 billion a year when canola pollination is factored in. Canada has some 794,341 beehives.( MENAFN - EIN Presswire) NEW YORK, Dec. 28, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Marqeta, Inc. (NASDAQ: MQ) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Marqeta, you are encouraged to obtain additional information by visiting . Investors have until February 7, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Marqeta securities. The first-filed case is pending in the U.S. District Court for the Northern District of California and is captioned Wai v. Marqeta, Inc., et al., No. 24-cv-8874. Why was Marqeta Sued for Securities Fraud? Marqeta is a financial technology company that provides a card issuing platform, enabling businesses to create and manage customized payment cards. During the relevant period, Marqeta discussed its ability to attract and retain customers while continuing to achieve operational efficiencies given the purported investments it already made into its compliance infrastructure. In truth, it is alleged that at the time the statements were made, Marqeta experienced longer customer onboarding timelines caused by heightened regulatory scrutiny and insufficient investments into the Company's compliance apparatus. The Stock Declines as the Truth is Revealed On November 4, 2024, the Company reported its third quarter 2024 financial results and cut its full year 2025 growth outlook, due to“heightened scrutiny of the banking environment and specific customer program changes.” On the earnings call the same day, the Company revealed that“the regulatory scrutiny” had“clearly ratcheted up” in the“first few months of 2024.” Marqeta also admitted that the impact the increased scrutiny had on the Company's business“became apparent over the last few months.” This news caused the price of the Company's stock to fall over 42%, from a closing price of $5.95 per share on November 4, 2024, to $3.42 per share on November 5, 2024. Click here if you suffered losses: . What Can You Do? If you invested in Marqeta you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: Or contact: Ross Shikowitz ... 212-789-3619 Why Bleichmar Fonti & Auld LLP? Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs' Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors (pending court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit . Attorney advertising. Past results do not guarantee future outcomes. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above. MENAFN28122024003118003196ID1109037491 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
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ABILENE, Texas (AP) — Leonardo Bettiol scored 22 points as Abilene Christian beat Texas Southern 69-65 on Saturday night. Bettiol added six rebounds for the Wildcats (8-5). Quion Williams added 21 points while shooting 8 of 15 from the field and 4 for 5 from the line while they also had 11 rebounds. Hunter Jack Madden went 4 of 15 from the field (1 for 10 from 3-point range) to finish with nine points. The Tigers (1-10) were led in scoring by Kavion McClain, who finished with 19 points, seven rebounds and two steals. Texas Southern also got 17 points and three steals from Zaire Hayes. Kenny Hunter had 10 points, six rebounds, two steals and two blocks. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
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Putin again rules out return of death penalty in RussiaOKLAHOMA CITY — The Dallas Mavericks take on the Oklahoma City Thunder at 8:30 p.m. CT Tuesday on KFAA! Not sure how to watch? Here's a breakdown on how to tune in – and guarantee you get the clearest signal possible of the broadcast. The Dallas Mavericks (16-8) have won nine of their last 10 games and are looking to ride that hot streak when they take on the No. 1 team in the West, the Oklahoma City Thunder (18-5), in the NBA Cup Quarterfinals. The Mavs earned the wildcard spot in the NBA Cup against the Grizzlies . Now, they'll face the Thunder in OKC, pitting the reigning Western Conference champions against the West's top team. This is the first time playing in the NBA Cup, formerly known as the In-Season Tournament, for both the Mavs and the Thunder. The incentive to win: cold, hard cash. By just making it to the quarterfinals, each player is guaranteed a little money. Here's a breakdown of how much players in the NBA Cup earn: NBA Cup champions: $514,970 NBA Cup runners-up: $205,988 NBA Cup semifinalists losers: $102,994 NBA Cup quarterfinalist losers: $51,497 Dallas Mavericks injury report PJ Washington: Questionable (illness) Naji Marshall: Questionable (illness) Maxi Kleber: Out (illness) Dante Exum: Out (right wrist surgery) Jaden Hardy: Out (right ankle sprain) Oklahoma City Thunder injury report Chet Holmgren: Out (right iliac hip fracture) Nikola Topic: Out (ACL) Jaylin Williams: Out (right hamstring strain) Ousmane Dieng: Out (right ring finger fracture) Adam Flagler: Out (right fourth metacarpal fracture) What's next Tonight's matchup against the Thunder will determine the Mavs' schedule moving forward. If they win, they advance to the semi-finals to play the winner of the Rockets/Warriors Cup game on Saturday. If they win in the semis, they will advance to play in the NBA Cup Finals next Tuesday against one of the four Eastern Conference finalists — either the Knicks, Bucks, Magic or Hawks. If they lose in the semis, they'll play the loser of the Rockets/Warriors matchup. Their next regular season game is against the Clippers on Dec. 19 at 7:30 p.m. on WFAA! (If the Mavs win) Saturday, Dec. 14 vs. TBD *NBA Cup Semi-Finals* (If the Mavs lose) Sunday, Dec. 15 vs. TBD (If the Mavs win both Cup games) Tuesday, Dec. 17 vs. TBD *NBA Cup Finals* Thursday, Dec. 19 vs. LA Clippers at 7:30 p.m. CT