A try, a scrap with a star and a trophy from grandma: Sione’s incredible dayNatixis Advisors LLC raised its stake in shares of UFP Industries, Inc. ( NASDAQ:UFPI – Free Report ) by 4.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,639 shares of the construction company’s stock after purchasing an additional 1,361 shares during the period. Natixis Advisors LLC owned 0.05% of UFP Industries worth $4,020,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. UMB Bank n.a. grew its stake in shares of UFP Industries by 300.0% during the 3rd quarter. UMB Bank n.a. now owns 192 shares of the construction company’s stock valued at $25,000 after buying an additional 144 shares during the period. Headlands Technologies LLC purchased a new stake in UFP Industries during the second quarter valued at about $29,000. Signaturefd LLC increased its stake in UFP Industries by 31.8% during the third quarter. Signaturefd LLC now owns 315 shares of the construction company’s stock worth $41,000 after acquiring an additional 76 shares during the last quarter. Triad Wealth Partners LLC purchased a new position in shares of UFP Industries in the 2nd quarter worth about $56,000. Finally, GAMMA Investing LLC raised its holdings in shares of UFP Industries by 84.2% in the 2nd quarter. GAMMA Investing LLC now owns 512 shares of the construction company’s stock worth $57,000 after purchasing an additional 234 shares during the period. Institutional investors and hedge funds own 81.81% of the company’s stock. Analyst Upgrades and Downgrades UFPI has been the subject of a number of research reports. Benchmark boosted their target price on UFP Industries from $133.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Stifel Nicolaus boosted their price target on UFP Industries from $125.00 to $157.00 and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Wedbush restated an “outperform” rating and issued a $155.00 price target on shares of UFP Industries in a report on Monday, November 4th. Finally, BMO Capital Markets lifted their price objective on shares of UFP Industries from $115.00 to $125.00 and gave the company a “market perform” rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $148.00. UFP Industries Trading Up 2.0 % NASDAQ:UFPI opened at $133.07 on Friday. The stock has a market cap of $8.08 billion, a price-to-earnings ratio of 18.30 and a beta of 1.39. UFP Industries, Inc. has a one year low of $107.49 and a one year high of $139.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.25 and a current ratio of 4.31. The business’s 50-day simple moving average is $130.85 and its 200 day simple moving average is $122.47. UFP Industries ( NASDAQ:UFPI – Get Free Report ) last announced its earnings results on Monday, October 28th. The construction company reported $1.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.89 by ($0.25). UFP Industries had a net margin of 6.70% and a return on equity of 14.45%. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same period in the previous year, the company earned $2.10 earnings per share. The business’s revenue for the quarter was down 9.8% on a year-over-year basis. As a group, sell-side analysts predict that UFP Industries, Inc. will post 6.89 earnings per share for the current fiscal year. UFP Industries Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.32 dividend on an annualized basis and a yield of 0.99%. UFP Industries’s dividend payout ratio (DPR) is 18.16%. UFP Industries Company Profile ( Free Report ) UFP Industries, Inc, through its subsidiaries, designs, manufactures, and markets wood and non-wood composites, and other materials in North America, Europe, Asia, and Australia. It operates through Retail, Packaging, and Construction segments. The Retail segment offers treated lumber products, including decking, fencing, lattice, and other products; pressure-treated and fire-retardant products used primarily for outdoor decking environments; and lawn and garden products, consisting of wood and vinyl fencing options, garden beds and planters, pergolas, picnic tables, and other landscaping products. Featured Articles Receive News & Ratings for UFP Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UFP Industries and related companies with MarketBeat.com's FREE daily email newsletter .
Power couple: green energy, gas giant bet on renewablesDETROIT — If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases , it's likely that fewer buyers will choose EVs. Yet tax credits or not, auto companies show no intention of retreating from a steady transition away from gas-burning cars and trucks, especially given the enormous investment they have already made: Since 2021, the industry has spent at least $160 billion on planning, designing and building electric vehicles, according to the Center for Auto Research. In campaigning for the presidency, Trump condemned the federal tax for EV buyers — up to $7,500 per vehicle — as part of a “green new scam” that would devastate the auto industry. His transition team is reportedly working on plans to abolish the tax credits and to roll back the more stringent fuel-economy rules that were pushed through by the Biden administration. It is far from clear, though, that the Trump administration could actually rescind the credits. Trump's argument — one that most economists dispute — is that a rapid U.S. shift toward electric vehicles would lead to most EVs being made in China and would swell prices for America’s auto buyers. He has said he would redirect federal revenue recaptured from a canceled tax credit to build roads, bridges and dams. Ending the credits, which were a key provision of President Joe Biden's Inflation Reduction Act, almost certainly would reduce EV sales, which have been growing in the United States this year, though not nearly as fast as automakers had expected. The slowing growth has forced nearly all auto companies to scale back EV production and delay construction of battery factories that are no longer needed to handle a more gradual transition. Jonathan Chariff, an executive at Midway Ford in Miami, one of the company's top EV-selling dealers, said he thinks ending the tax credits would severely hurt sales. The credits reduce monthly payments, he noted, making an EV closer in price to a gasoline counterpart. “It becomes more affordable,” he said. “Otherwise, those individuals won't be able to afford the payments.” Chariff calculated that the $7,500 credit could shrink a buyer's monthly payment by between $200 and $250, allowing many to afford an EV. On average, electric vehicles sell for about $57,000, compared with around $48,000 for a gasoline vehicle, according to Cox Automotive. (Though they cost more up front, EVs generally are cheaper to operate because maintenance costs are lower, and in most cases electricity is much cheaper than gasoline.) To qualify for the credits, EVs must be built in North America. EVs that contain battery parts or minerals from China or any other nation that is deemed an economic or security threat to the United States qualify for only half the federal credit. Because of that restriction, most of the 75 EV models on sale in the U.S. are not eligible for the full credit. All EVs, though, can receive the full credit toward a lease — a benefit that Trump likely will target. Some plug-in gas-electric hybrids qualify for the credits, too. Asked about the president-elect's opposition to EV tax credits, Trump's transition team would say only that he has “a mandate to implement the promises he made on the campaign trail.” Elon Musk, a close adviser to Trump and co-leader of a commission that intends to identify ways to vastly shrink the federal government, appears to be aligned with the president-elect in canceling the tax credits. Musk, the billionaire CEO of Tesla who spent an estimated $200 million to help elect Trump, has said that ending the credits would hurt his rival companies more than it would Tesla, the U.S. sales leader in EVs by far. “I think it would be devastating for our competitors and would hurt Tesla slightly,” he said. Even so, it might prove difficult for Trump to rescind the credits without help from the new Republican-led Congress, many of whose members represent districts where the EV credit is popular. Trump has floated the idea of using a constitutional theory by which a president could decide whether or not to spend money Congress has appropriated. The president-elect has promoted the concept of “impoundment,” under which congressional appropriations set a ceiling — but not a floor — for spending federal money. John Helveston, an assistant professor at George Washington University who studies electric vehicles and policies, said that in his view, the impoundment theory wouldn't apply in this circumstance because the EV tax credits affect government revenue and are not an appropriation. In any case, Helveston said he doubts Trump could persuade Republican lawmakers to remove the credits from the Inflation Reduction Act because so many congressional districts benefit from the tax breaks. “Cutting the EV tax credit makes it harder for the battery factory in their town to sell their product,” he noted. A 1974 federal law bars a president from substituting his own view of spending programs, said David Rapallo, associate law professor at Georgetown University. If Trump cancelled the tax credits, Rapallo said, it would be challenged in court. Research by J.D. Power shows that once people know about the tax credits, they're far more likely to consider an electric vehicle. In the meantime, federal subsides, not only for buyer tax credits but also for converting factories to EV production, are helping General Motors, Ford and Stellantis make the enormously expensive transition away from gasoline vehicles. It's also helping Detroit's Big Three compete with foreign rivals, notably Chinese automakers that received government subsidies and had a head start in developing EVs, said Sam Fiorani, a vice president at the consultancy AutoForecast Solutions. At present, Ford and GM, while profitable overall, are losing money on EVs, unlike Tesla, though both expect their electric-vehicle operations to generate positive earnings in the coming years as costs ease and more vehicles are sold. Eliminating the federal tax credits, Fiorani suggested, would “hurt the Detroit Three in the long run as they become less competitive against global players making the technological leaps” for electric vehicles, GM, Ford and Stellantis all declined to comment, though their executives have said in the past that they will continue to develop EVs while still selling gasoline vehicles and hybrids. The Alliance for Automotive Innovation, a trade group that represents most automakers, has written to Trump in support of the tax credits, arguing that they help ensure that the U.S. “continues to lead in manufacturing critical to our national and economic security.” Hyundai, the Korean automaker, which has spent more than $7 billion on an EV factory in Georgia, could also suffer. The company sped up construction of the huge plant near Savannah and is now building EVs in the United States to try to capitalize on the tax credits for buyers. In the end, most automakers say their ambitious plans for transitioning to electric vehicles won't change regardless of policy changes in Washington. “We plan for the long term, so political considerations aren’t a factor in how we approach product development or capital investments,” said David Christ, vice president of Toyota North America, which is building a battery factory in North Carolina. ____ AP writers Fatima Hussein in Washington and Jeff Amy in Atlanta contributed to this report.
Ousted Syrian leader Assad flees to Moscow after fall of Damascus, Russian state media say DAMASCUS, Syria (AP) — Russia media say ousted Syrian leader Bashar Assad has fled to Moscow and received asylum from his longtime ally. The reports came hours after a stunning rebel advance swept into Damascus to cheers and ended the Assad family’s 50 years of iron rule. Thousands of Syrians poured into streets echoing with celebratory gunfire, joyful after a stifling, nearly 14-year civil war. But the swiftly moving events raised questions about the future of the country and the wider region. The rebels face the daunting task of healing bitter divisions in a country still split among armed factions. One rebel commander said “we will not deal with people the way the Assad family did." The fall of Bashar Assad after 13 years of war in Syria brings to an end a decades-long dynasty BEIRUT (AP) — Syrian President Bashar Assad has fled the country. Assad’s departure on Sunday brings to a dramatic close his nearly 14-year struggle to hold onto power in a brutal civil war that became a proxy battlefield for regional and international powers. Assad’s exit stood in stark contrast to his first months as Syria’s unlikely president in 2000, when many hoped he would be a young reformer after three decades of his father’s iron grip. But faced with protests of his rule that erupted in March 2011, Assad turned to his father's brutal tactics to crush dissent. A long stalemate was quickly broken when opposition groups in northwest Syria launched a surprise offensive late last month. Who is Abu Mohammed al-Golani, the leader of the insurgency that toppled Syria's Assad? BEIRUT (AP) — Abu Mohammed al-Golani, the militant leader who led the stunning insurgency that toppled Syria’s President Bashar Assad, has spent years working to remake his public image and that of his fighters. He renounced longtime ties to al-Qaida and depicts himself as a champion of pluralism and tolerance. The extent of that transformation from jihadi extremist to would-be state builder is now put to the test. The 42-year-old al-Golani is labeled a terrorist by the United States. He has not appeared publicly since Damascus fell early Sunday. But he and his insurgent force, Hayat Tahrir al-Sham, stand to be a major player in whatever comes next. Trump says he can't guarantee tariffs won't raise US prices and won't rule out revenge prosecutions WASHINGTON (AP) — Donald Trump says he can’t guarantee his promised tariffs on key U.S. foreign trade partners won’t raise prices for American consumers. And he's suggesting once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. The president-elect made the comments in a wide-ranging interview with NBC’s “Meet the Press” that aired Sunday. He also touched on monetary policy, immigration, abortion and health care, and U.S. involvement in Ukraine, Israel and elsewhere. Trump often mixed declarative statements with caveats, at one point cautioning “things do change.” The hunt for UnitedHealthcare CEO's elusive killer yields new evidence, but few answers NEW YORK (AP) — Police don’t know who he is, where he is, or why he did it. As the frustrating search for UnitedHealthcare CEO Brian Thompson’s killer got underway for a fifth day Sunday, investigators reckoned with a tantalizing contradiction: They have troves of evidence, but the shooter remains an enigma. One conclusion they are confident of, however: It was a targeted attack, not a random one. On Sunday morning, police declined to comment on the contents of a backpack found in Central Park that they believe was carried by the killer. Thompson was shot and killed Wednesday outside of a hotel in Manhattan. Trump calls for immediate ceasefire in Ukraine and says a US withdrawal from NATO is possible WASHINGTON (AP) — Donald Trump is pushing Russian leader Vladimir Putin to act to reach an immediate ceasefire with Ukraine. Trump describes it as part of his active efforts as president-elect to end the war despite being weeks from taking office. Trump also said he would be open to reducing military aid to Ukraine and pulling the United States out of NATO. Those are two threats that have alarmed Ukraine, NATO allies and many in the U.S. national security community. Ukrainian President Volodymyr Zelenskyy says any deal would have to pave the way to a lasting peace. The Kremlin's spokesman says Moscow is open to talks with Ukraine. South Korean prosecutors detain ex-defense chief over martial law imposition SEOUL, South Korea (AP) — South Korean prosecutors have detained a former defense minister who allegedly recommended last week’s brief but stunning martial law imposition to President Yoon Suk Yeol. Local media say that ex-Defense Minister Kim Yong Hyun voluntarily appeared on Sunday at a Seoul prosecutors’ office, where he had his mobile phone confiscated and was detained. A law enforcement official says Kim was later sent to a Seoul detention facility. Kim's detention came a day after Yoon avoided an opposition-led bid to impeach him, with most ruling party lawmakers boycotting a floor vote to prevent a two-thirds majority needed to suspend his presidential powers. Gaza health officials say latest Israeli airstrikes kill at least 14 including children DEIR AL BALAH, Gaza Strip (AP) — Palestinian health officials say Israeli airstrikes in central Gaza have killed at least 14 people including children, while the bombing of a hospital in northern Gaza has wounded a half-dozen patients. Israel’s military continues its latest offensive against Hamas militants in northern Gaza, whose remaining Palestinians have been almost completely cut off from the rest of the territory amid a growing humanitarian crisis. One airstrike flattened a residential building in the urban Bureij refugee camp Sunday afternoon. That's according to the Al-Aqsa Martyrs Hospital in the nearby city of Deir al-Balah, where the casualties were taken. Trump's return may be a boon for Netanyahu, but challenges abound in a changed Middle East TEL AVIV, Israel (AP) — Israeli Prime Minister Benjamin Netanyahu is jubilant about President-elect Donald Trump's return to the White House. Trump's first term policies skewed heavily in favor of Israel, and he has picked stalwart Israel supporters for key positions in his administration. But much has transpired since Trump left office in early 2021. The turmoil in the Middle East, the lofty ambitions of Netanyahu’s far-right governing coalition and Netanyahu’s own personal relationship with the president-elect could dampen that enthusiasm and complicate what on the surface looks like a seamless alliance. First 12-team College Football Playoff set, Oregon seeded No. 1 and SMU edges Alabama for last spot SMU captured the last open spot in the 12-team College Football Playoff, bumping Alabama to land in a bracket that placed undefeated Oregon at No. 1. The selection committee preferred the Mustangs (11-2), losers of a heartbreaker in the Atlantic Coast Conference title game, who had a far less difficult schedule than Alabama (9-3) of the SEC but one fewer loss. The first-of-its-kind 12-team bracket marks a new era for college football, though the Alabama-SMU debate made clear there is no perfect formula. The tournament starts Dec. 20-21 with four first-round games. It concludes Jan. 20 with the national title game in Atlanta.
KUWAIT: Kuwait Times recently visited Al-Hayat Universal Bilingual School to introduce students in grades six to eight to the world of journalism. The visit, organized by the school’s English department, is in line with the newspaper’s ongoing efforts to promote media literacy and give back to the community. During the visit, Nebal Snan, a journalist from Kuwait Times, shared valuable insights into the role of journalists, explaining how they help document significant events and shape the way future generations view the world. The students were engaged by real-life examples from the Kuwait Times archive, including stories about UFO sightings in Kuwait, highlighting the diverse topics journalists cover and the influence of media on public perception. The session also stressed the importance of critical thinking in both consuming and creating news. The students were encouraged to question the news they encounter and think about how the media shapes their views. They were also introduced to the growing role of technology in journalism. Students listened to how smartphones and social media are allowing ordinary people to become “citizen journalists,” sharing news from areas where professional reporters may be unable to reach, including war zones such as Gaza. Through this initiative, Kuwait Times is helping to raise awareness about the power and responsibility of journalism, ensuring that students understand the importance of media literacy and journalistic integrity in today’s digital age.Universal Corporation Receives NYSE Notice Regarding Filing of Form 10-Q for the Fiscal Quarter Ended September 30, 2024
* Gap surges after raising annual sales forecast * Intuit drops after forecasting Q2 results below estimates * Small caps touch over one-week high * Three major indexes post weekly gains (Updates as of the close) By Abigail Summerville and Johann M Cherian Nov 22 (Reuters) - Wall Street closed higher on Friday, with all three major indexes posting weekly gains, as investors took comfort from data pointing to robust economic activity in the world's biggest economy. A measure of business activity raced to a 31-month high in November, boosted by hopes for lower interest rates and more business-friendly policies from President-elect Donald Trump's administration next year. The domestically focused small-cap Russell 2000 index rose and outperformed large-cap indexes. The index hit its highest in more than a week and was set for weekly advances. Meanwhile, Alphabet fell following Thursday's 4% drop, as the U.S. Department of Justice argued to a judge the company was monopolizing online search. AI bellwether Nvidia also slipped in choppy trading following its quarterly forecast on Wednesday. An index tracking S&P 500 value stocks rose as investors rotated out of their growth peers. "I’ve been looking for this leadership change to go from technology to everything else. I think we may be in the midst of that shift. Small caps are acting much better, values are acting better," said Mark Hackett, Chief of Investment Research at Nationwide. According to preliminary data, the S&P 500 gained 19.55 points, or 0.33%, to end at 5,968.26 points, while the Nasdaq Composite gained 26.45 points, or 0.14%, to 18,998.87. The Dow Jones Industrial Average rose 423.28 points, or 0.96%, to 44,293.63. The S&P and the Dow reached one-week highs. Expectations on the Federal Reserve's policy move in December have recently swayed between a pause and a cut, as investors weighed the likely impact of Trump's plans on price pressures. There is a 59.6% probability the central bank will lower borrowing costs by 25 basis points, as per the CME Group's FedWatch Tool. Geopolitics were top of mind this week as investors monitored a missile exchange between Ukraine and Russia, after Moscow lowered its threshold for a nuclear retaliation. The markets are also awaiting Trump's Treasury Secretary pick. "The fact that we’ve been calm on a nice, steady stair step pattern higher is very encouraging and reflective of the fact that investors aren’t acting with the emotion that they could be given the amount of uncertainties we’ve faced," Hackett said. In company news, Gap Inc jumped after the Old Navy parent raised its annual sales forecast and said the holiday season was off to a "strong start". Intuit fell after the TurboTax parent projected second-quarter revenue and profit below Wall Street estimates on Thursday. (Reporting by Abigail Summerville in New York; additional reporting by Johann M Cherian and Purvi Agarwal in Bengaluru; Editing by David Gregorio)
Given everything that had occurred in the previous hour or two, it made bizarrely perfect sense that Sione Tuipulotu’s grandmother would hand him the Hopetoun Cup trophy after beating the Wallabies at Murrayfield. “She whispered in my ear and said, ‘we got them’,” Tuipulotu said post-game. Sione Tuipulotu is presented with the Hopetoun Cup at Murrayfield by his grandmother Jaqueline Thomson. Credit: Getty Images The Scotland captain’s answer came with a broad grin, and an even broader Australian accent. And it all came after a memorable afternoon at Murrayfield where Tuipulotu – and his 77-year-old grandmother – were in the middle of absolutely everything, much to the delight of an adoring Scottish crowd. But first to re-cap. Born and raised in Melbourne, Tuipulotu played for the Junior Wallabies but couldn’t crack a regular spot for the Rebels in Super Rugby, and so he moved to Scotland to play. The son of a Tongan-Australia father and a mother with Italian-Scottish heritage, Tuipulotu qualified as eligible for Scotland due to his maternal grandmother Jaqueline Thomson, who was born in Greenock in the Scottish lowlands but emigrated to Australia as a child and settled in Frankston. The nuggety centre debuted for Scotland in 2021 and quickly became a fan favourite, and Thomson became something of a cult hero, too, often getting thanked on Scottish rugby social media after a big game by Tuipulotu. The 27-year-old was made captain ahead of the November internationals, and last week, Thomson was flown to Scotland by a sponsor, for the first time in decades, as a surprise for Tuipulotu and his brother Mosese, who both play rugby in Scotland and are close to their gran. Tuipulotu hadn’t seen her in years and after the reunion video did the rounds in Scotland, Thomson was given a rousing cheer when the video – and Thomson – were shown again on the Murrayfield screen on Sunday just before kickoff.How elites got the election wrong — and ignored those predicting Trump’s win
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Aligos Therapeutics ( NASDAQ:ALGS – Get Free Report ) and Moderna ( NASDAQ:MRNA – Get Free Report ) are both medical companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, risk, valuation, profitability and institutional ownership. Volatility and Risk Aligos Therapeutics has a beta of 2.11, indicating that its share price is 111% more volatile than the S&P 500. Comparatively, Moderna has a beta of 1.69, indicating that its share price is 69% more volatile than the S&P 500. Analyst Ratings This is a summary of current ratings and recommmendations for Aligos Therapeutics and Moderna, as reported by MarketBeat. Profitability This table compares Aligos Therapeutics and Moderna’s net margins, return on equity and return on assets. Earnings and Valuation This table compares Aligos Therapeutics and Moderna”s gross revenue, earnings per share and valuation. Aligos Therapeutics has higher earnings, but lower revenue than Moderna. Moderna is trading at a lower price-to-earnings ratio than Aligos Therapeutics, indicating that it is currently the more affordable of the two stocks. Insider & Institutional Ownership 60.4% of Aligos Therapeutics shares are held by institutional investors. Comparatively, 75.3% of Moderna shares are held by institutional investors. 8.8% of Aligos Therapeutics shares are held by insiders. Comparatively, 15.7% of Moderna shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term. Summary Moderna beats Aligos Therapeutics on 9 of the 15 factors compared between the two stocks. About Aligos Therapeutics ( Get Free Report ) Aligos Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of novel therapeutics to address unmet medical needs in viral and liver diseases. Its drug candidate, ALG-055009, a small molecule THR-ß agonist that is in the Phase 2a clinical trial for the treatment of non-alcoholic steatohepatitis (NASH). The company also develops ALG-000184, a capsid assembly modulator, which is completed Phase 1b clinical trial to treat chronic hepatitis B (CHB); and ALG-125755, a siRNA drug candidate, which is in Phase I clinical trial for the treatment of CHB. In addition, it develops ALG-097558, which is in Phase 2 clinical trial for the treatment of coronavirus. The company has entered into license and research collaboration agreement with Merck to discover, research, optimize, and develop oligonucleotides directed against a NASH; license agreement with Emory University to provide hepatitis B virus capsid assembly modulator technology; license agreement with Luxna Biotech Co., Ltd. to develop and commercialize products containing oligonucleotides targeting hepatitis B virus genome; and research, licensing, and commercialization agreement with Katholieke Universiteit Leuven to develop coronavirus protease inhibitors. Aligos Therapeutics, Inc. was incorporated in 2018 and is headquartered in South San Francisco, California. About Moderna ( Get Free Report ) Moderna, Inc., a biotechnology company, discovers, develops, and commercializes messenger RNA therapeutics and vaccines for the treatment of infectious diseases, immuno-oncology, rare diseases, autoimmune, and cardiovascular diseases in the United States, Europe, and internationally. Its respiratory vaccines include COVID-19, influenza, and respiratory syncytial virus, spikevax, and hMPV/PIV3 vaccines; latent vaccines comprise cytomegalovirus, epstein-barr virus, herpes simplex virus, varicella zoster virus, and human immunodeficiency virus vaccines; public health vaccines consists of Zika, Nipah, Mpox vaccines; and infectious diseases vaccines, such as lyme and norovirus vaccines. The company also offers systemic secreted and cell surface therapeutics; cancer vaccines, such as personalized cancer, KRAS, and checkpoint vaccines; intratumoral immuno-oncology products; rare disease intracellular therapeutics; and inhaled pulmonary therapeutics. It has strategic alliances and collaborations with AstraZeneca; Merck & Co., Inc; Vertex Pharmaceuticals Incorporated; Vertex Pharmaceuticals (Europe) Limited; Chiesi Farmaceutici S.p.A.; Metagenomi, Inc.; Carisma Therapeutics, Inc.; CytomX Therapeutics; Defense Advanced Research Projects Agency; Biomedical Advanced Research and Development Authority; Institute for Life Changing Medicines; and The Bill & Melinda Gates Foundation. The company was formerly known as Moderna Therapeutics, Inc. and changed its name to Moderna, Inc. in August 2018. Moderna, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts. Receive News & Ratings for Aligos Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aligos Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter .Netflix fans dub film 'greatest of all time' as it boasts 'top tier' cast
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WASHINGTON — Donald Trump’s vision for education revolves around a single goal: to rid America’s schools of perceived “wokeness” and “left-wing indoctrination.” The president-elect wants to forbid classroom lessons on gender identity and structural racism. He wants to abolish diversity and inclusion offices. He wants to keep transgender athletes out of girls’ sports. Throughout his campaign, the Republican depicted schools as a political battleground to be won back from the left. Now that he’s won the White House, he plans to use federal money as leverage to advance his vision of education across the nation. Trump’s education plan pledges to cut funding for schools that defy him on a multitude of issues. On his first day in office, Trump has repeatedly said he will cut money to “any school pushing critical race theory, transgender insanity, and other inappropriate racial, sexual or political content on our children.” On the campaign trail, Trump said he would “not give one penny” to schools with vaccine or mask requirements. He said it would be done through executive action, though even some of his supporters say he lacks the authority to make such swift and sweeping changes. Trump’s opponents say his vision of America’s schools is warped by politics — that the type of liberal indoctrination he rails against is a fiction. They say his proposals will undermine public education and hurt the students who need schools’ services the most. “It’s fear-based, non-factual information, and I would call it propaganda,” said Wil Del Pilar, senior vice president for Education Trust, a research and advocacy organization. “There is no evidence that students are being taught to question their sexuality in schools. There is no evidence that our American education system is full of maniacs.” Trump’s platform calls for “massive funding preferences” for states and schools that end teacher tenure, enact universal school choice programs and allow parents to elect school principals. Perhaps his most ambitious promise is to shut down the U.S. Education Department entirely, a goal of conservative politicians for decades, saying it has been infiltrated by “radicals.” America’s public K-12 schools get about 14% of their revenue from the federal government, mainly from programs targeting low-income students and special education. The vast majority of schools’ money comes from local taxes and state governments. Colleges rely more heavily on federal money, especially the grants and loans the government gives students to pay for tuition. Trump’s strongest tool to put schools’ money on the line is his authority to enforce civil rights — the Education Department has the power to cut federal funding to schools and colleges that fail to follow civil rights laws. The president can’t immediately revoke money from large numbers of districts, but if he targets a few through civil rights inquiries, others are likely to fall in line, said Bob Eitel, president of the conservative Defense of Freedom Institute and an education official during Trump’s first term. That authority could be used to go after schools and colleges that have diversity and inclusion offices or those accused of antisemitism, Eitel said. “This is not a Day One loss of funding,” Eitel said, referencing Trump’s campaign promise. “But at the end of the day, the president will get his way on this issue, because I do think that there are some real legal issues.” Trump also has hinted at potential legislation to deliver some of his promises, including fining universities over diversity initiatives. To get colleges to shutter diversity programs — which Trump says amount to discrimination — he said he “will advance a measure to have them fined up to the entire amount of their endowment.” His platform also calls for a new, free online university called the American Academy, to be paid for by “taxing, fining and suing excessively large private university endowments.” During his first term, Trump occasionally threatened to cut money from schools that defied him, including those slow to reopen during the COVID-19 pandemic and colleges he accused of curbing free speech. Most of the threats came to nothing, though he succeeded in getting Congress to add a tax on wealthy university endowments, and his Education Department made sweeping changes to rules around campus sexual assault. Universities hope their relationship with the administration won’t be as antagonistic as Trump’s rhetoric suggests. “Education has been an easy target during the campaign season,” said Peter McDonough, general counsel for the American Council on Education, an association of university presidents. “But a partnership between higher education and the administration is going to be better for the country than an attack on education.” Trump’s threats of severe penalties seem to contradict another of his education pillars — the extraction of the federal government from schools. In closing the Education Department, Trump said he would return “all education work and needs back to the states.” “We’re going to end education coming out of Washington, D.C.,” Trump said on his website last year. In his platform, he pledged to ensure schools are “free from political meddling.” On Tuesday, Trump named billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department. McMahon led the Small Business Administration during Trump’s initial term from 2017 to 2019 and twice ran unsuccessfully as a Republican for the U.S. Senate in Connecticut. McMahon served on the Connecticut Board of Education for a year starting in 2009 and has spent years on the board of trustees for Sacred Heart University in Connecticut. She’s seen as a relative unknown in education circles, though she has expressed support for charter schools and school choice. Rather than letting states and schools decide their stance on polarizing issues, Trump is proposing blanket bans that align with his vision. Taking a neutral stance and letting states decide wouldn’t deliver Trump’s campaign promises, said Max Eden, a senior fellow at AEI, a conservative think tank. For example, Trump plans to rescind guidance from President Joe Biden’s administration that extended Title IX protections to LGBTQ+ students. And Trump would go further, promising a nationwide ban on transgender women in women’s sports. “Trump ran on getting boys out of girls’ sports. He didn’t run on letting boys play in girls’ sports in blue states if they want to,” Eden said. Trump also wants a say in school curriculum, vowing to fight for “patriotic” education. He promised to reinstate his 1776 Commission, which he created in 2021 to promote patriotic education. The panel created a report that called progressivism a “challenge to American principles” alongside fascism. Adding to that effort, Trump is proposing a new credentialing body to certify teachers “who embrace patriotic values.” Few of his biggest education goals can be accomplished quickly, and many would require new action from Congress or federal processes that usually take months. Get local news delivered to your inbox!
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