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Ouster, Inc. ( NYSE:OUST – Get Free Report ) shares were down 2.8% during mid-day trading on Thursday . The company traded as low as $12.44 and last traded at $12.45. Approximately 130,825 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 1,201,153 shares. The stock had previously closed at $12.81. Analyst Ratings Changes Several equities analysts have commented on OUST shares. Rosenblatt Securities reiterated a “buy” rating and issued a $17.00 price target on shares of Ouster in a research note on Friday, November 8th. Northland Securities started coverage on shares of Ouster in a research report on Thursday, December 12th. They issued an “outperform” rating and a $14.00 target price on the stock. Northland Capmk raised shares of Ouster to a “strong-buy” rating in a research report on Thursday, December 12th. Finally, Cantor Fitzgerald raised Ouster from a “neutral” rating to an “overweight” rating and dropped their price objective for the stock from $12.00 to $10.00 in a report on Monday, November 11th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $13.17. Read Our Latest Report on Ouster Ouster Stock Performance Insider Buying and Selling at Ouster In related news, CEO Charles Angus Pacala purchased 50,954 shares of the business’s stock in a transaction dated Thursday, December 12th. The stock was acquired at an average price of $9.79 per share, for a total transaction of $498,839.66. Following the completion of the purchase, the chief executive officer now directly owns 769,957 shares of the company’s stock, valued at $7,537,879.03. This trade represents a 7.09 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, General Counsel Megan Chung sold 13,671 shares of Ouster stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $9.69, for a total transaction of $132,471.99. Following the completion of the transaction, the general counsel now owns 149,647 shares in the company, valued at approximately $1,450,079.43. This trade represents a 8.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last three months, insiders have sold 80,415 shares of company stock worth $748,620. 7.81% of the stock is owned by company insiders. Hedge Funds Weigh In On Ouster A number of large investors have recently bought and sold shares of OUST. Van ECK Associates Corp boosted its holdings in shares of Ouster by 28.4% in the third quarter. Van ECK Associates Corp now owns 7,264 shares of the company’s stock valued at $46,000 after acquiring an additional 1,608 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Ouster in the 2nd quarter valued at approximately $27,000. Ballentine Partners LLC purchased a new stake in Ouster in the 2nd quarter valued at approximately $101,000. Stoneridge Investment Partners LLC acquired a new position in Ouster during the 3rd quarter worth approximately $67,000. Finally, True North Advisors LLC purchased a new position in shares of Ouster during the 3rd quarter worth approximately $78,000. Hedge funds and other institutional investors own 31.45% of the company’s stock. Ouster Company Profile ( Get Free Report ) Ouster, Inc provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Its products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions. See Also Receive News & Ratings for Ouster Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ouster and related companies with MarketBeat.com's FREE daily email newsletter .
NEW YORK , Dec. 15, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global maintenance repair operations (MRO) for automation solutions market size is estimated to grow by USD 53.29 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of over 9.38% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview 1.1 Process industries 1.2 Discrete industries 2.1 MRO items 2.2 Services 3.1 APAC 3.2 Europe 3.3 North America 3.4 South America 3.5 Middle East and Africa Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: The process industries, including energy and power, water and wastewater, and oil and gas, are experiencing growth during the forecast period. In the power industry, the increasing global demand for electricity, urbanization, and the use of electronic appliances are driving the need for more electricity. Renewable energy sources, such as solar and biomass, are becoming increasingly popular due to depleting coal reserves and the need to reduce carbon emissions. This shift towards green energy production is attracting significant investments, leading to the restructuring of power plants and the establishment of new ones. Automation solutions are expected to play a crucial role in these developments, fostering efficiency and productivity. Similarly, in the water and wastewater industry, the growing demand for freshwater resources and rising concerns over water reuse and recycling are driving investments in water and wastewater treatment facilities. Technologies such as desalination and nanotechnology are being used to treat wastewater to provide potable water. The pharmaceutical and semiconductor industries require high-quality water, further increasing the demand for automation solutions. The oil and gas industry is also witnessing growth, with ongoing exploration of new fields and expansions of production activities. Automation solutions are essential for optimizing operations in refineries and ensuring the safety and efficiency of offshore platforms. These factors are expected to drive the demand for automation solutions in the oil and gas industry during the forecast period. Analyst Review The Maintenance Repair Operations (MRO) market for automation solutions is witnessing significant growth, particularly in process industries and discrete industries, as they prioritize digital transformation and automation to enhance productivity and efficiency. The market is fragmented with numerous players, including suppliers of MRO products and services. The vaccination drives and economic recovery are expected to boost industrial activities, especially in the power industry and energy and power sectors. Green energy production is also driving demand for automation solutions in MRO. New technologies, such as Internet of Things (IoT) and sensors, are revolutionizing MRO by enabling predictive maintenance and remote monitoring. However, challenges such as a skilled workforce shortage, raw material shortages, and shipping delays persist. MRO providers are adopting outsourcing strategies to mitigate these challenges and offer comprehensive solutions. Companies are focusing on inventory optimization, safety standards, and pumps to cater to the evolving needs of their clients. Applied Industrial Technologies, Wesco, Sonepar, Rexel, and Air Works are some of the key players in the MRO market for automation solutions. Market Overview The Maintenance Repair Operations (MRO) market for automation solutions is witnessing significant growth in various industries, including process and discrete industries, as automation becomes increasingly essential for sustainability and productivity. The market is fragmented with numerous players offering MRO products and services for industries such as power, energy and power, water and wastewater, oil and gas, and manufacturing. Vaccination drives and the economic slowdown have led to downtime in several industries, emphasizing the need for efficient MRO practices. The shift towards green energy production and sustainability is driving the demand for eco-friendly MRO practices, e-commerce, IoT, big data, and new technologies like 3D printing. The skilled workforce is in high demand to manage the implementation of smart technologies, sensors, safety standards, and inventory management. Raw material shortages and shipping delays are challenges faced by the industry, but digitization through Industry 4.0 and digitization are paving the way for more efficient and cost-effective MRO solutions. MRO products include pumps, industrial motors, sealants, tapes, lubricants, lab supplies, test equipment, and more. Energy-efficient technology, carbon footprint reduction, and operating expenses are key concerns for industries, leading to the adoption of energy-efficient MRO practices and automation solutions. Automotive spare parts, semiconductor chips, data centers, urbanization, sustainable buildings, and green facilities are other sectors where MRO solutions are essential. Applied Industrial Technologies, GoExpedi, Air Works, Wesco, Sonepar, Rexel, and other players are leveraging smart technologies and outsourcing strategies to cater to the evolving needs of the market. To understand more about this market- Download a FREE Sample Report in minutes! Key Topics Covered: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE TechnavioAmeren's senior executive VP & CFO Michael Moehn sells $598,975 in stock
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What Father David Bauer can tell us about Canadian hockey todayDucommun director sells $69,500 in common stock
Labour home secretary Yvette Cooper wants a crackdown on migrants (Pic: Home Office in flickr) The Labour government is intensifying state racism . Since it came into office in July it has deported nearly 13,500 migrants from Britain. It boasted on Sunday that immigration authorities have removed more migrants from Britain in Labour’s first six months than in any other six month period over the past five years. Keir Starmer’s Labour has organised 33 charter flights and carried out a number of raids. And it also announced about £8 million in funding for new technology, including body worn cameras and biometric kits, to support the crackdown. Home secretary Yvette Cooper promised a “step change” in tackling immigration. She has regularly travelled to Italy for talks with politicians from the fascist Brothers of Italy about stopping immigration. She is also expected to speak at a political festival, centred on immigration, organised by Italy’s fascist prime minister Giorgia Meloni. Previous speakers at the event included former Donald Trump adviser Steve Bannon, far right Hungarian prime minister Viktor Orban and former Tory prime minister Rishi Sunak. Labour is ramping up scapegoating in the hope of outflanking the Tories and Reform UK. The far right Reform UK has reached 100,000 members , is opening branches across Britain and winning local by-elections. Reform UK is making inroads into Labour’s votes. On Friday, it gained a councillor from Labour in the St Helens council, near Liverpool. Reform UK won 41.1 percent of the vote, while Labour’s dropped by 18.4 percent to 34.7 percent. Labour’s strategy of ramping up state racism will only embolden the far right further. It will lend legitimacy to Reform UK’s racist ideas and normalise the idea that immigration is a problem. That was seen on Sunday in a Sky News discussion of Labour’s recent plan. It opened with the presenter Trevor Phillips echoing the language the right used in the Brexit referendum by saying, “Stop the boats. Smash the gangs. Take back control. “If only words were deeds but they aren’t and migrants keep on coming. On Thursday 609 people crossed the channel in small boats, more than any winter day, ever.” Cooper has come close to fulfilling her promise to deport 14,000 migrants by the end of the year. But this hasn’t raised wages, freed up housing or stopped the NHS facing a winter crisis. Migrants in small boats are not to blame for any of the problems people face. It is the bosses who are seeing their wealth rise while everyone else is squeezed by the cost of living crisis. Energy bosses have made profits of £450 billion since 2020, as people have struggled to keep their homes warm. Anti-racists have to campaign against Reform UK—and the racist scapegoating from Labour that fuels it. They are demanding accommodation from the council Police clamped down on Traveller chilren Ukip leader Nick Tenconi attacks meeting Starmer wants a further racist clampdown
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Cleveland-Cliffs (NYSE:CLF) Stock Price Down 2.6% – Here’s What Happened
These Climate Solutions Stocks Have Turned Up the Heat in 2024. Can Their Rally Continue, or Will They Cool Off in 2025?(All times Eastern) Schedule subject to change and/or blackouts Monday, Dec. 16 COLLEGE SOCCER (MEN’S) 8 p.m. ESPN2 — NCAA Tournament: Vermont vs. Marshall, Championship NFL FOOTBALL 8 p.m. ABC — Chicago at Minnesota 8:30 p.m. ESPN — Atlanta at Las Vegas NHL HOCKEY 8:30 p.m. NHLN — Florida at Edmonton SOCCER (MEN’S) 3 p.m. USA — Premier League: West Ham United at AFC Bournemouth SOCCER (WOMEN’S) Noon FS2 — Final Draw For The UEFA Women’s Euro 2025 The Associated Press created this story using technology provided by Data Skrive TV listings provided by LiveSportsOnTV .Homeland Security Secretary Alejandro Mayorkas said the federal government is taking action to address the that have prompted concern among New Jersey residents. “There's no question that people are seeing drones,” he told “This Week” anchor George Stephanopoulos in an exclusive interview on Sunday. “I want to assure the American public that we in the federal government have deployed additional resources, personnel, technology to assist the New Jersey State Police in addressing the drone sightings.” “Some of those drone sightings are, in fact, drones. Some are manned aircraft that are commonly mistaken for drones,” Mayorkas added. “But there's no question that drones are being sighted.” There have been numerous reports of drone activity along the East Coast since November. Mayorkas cited the 2023 change of a Federal Aviation Administration rule that allows drones to fly at night as to why there might be an uptick in sightings. “I want to assure the American public that we are on it,” he said, before calling on Congress to expand local and state authority to help address the issue. “It is critical, as we all have said for a number of years, that we need from Congress additional authorities to address the drone situation,” Mayorkas said. “Our authorities currently are limited and they are set to expire. We need them extended and expanded.” “We want state and local authorities to also have the ability to counter growing activity under federal supervision,” he added, echoing sentiments from local officials. In New York, for an hour on Friday after the FAA reported drone sightings in the area. Afterwards, Gov. Kathy Hochul called on Congress to pass the Counter-UAS Authority Security, Safety, and Reauthorization Act, which would strengthen the FAA's drone oversight and give states more power to investigate the sightings. Addressing national security concerns the sightings have prompted, Mayorkas said the U.S. knows of no foreign involvement and that it remains “vigilant” in investigating the drone sightings. Stephanopoulos pressed Mayorkas about past security threats drones have caused, including the arrest of a Chinese national last week who allegedly flew a drone over an Air Force base in California. “When a drone is flown over restricted airspace, we act very, very swiftly,” the homeland security secretary said. “In fact, when an individual in California flew a drone over restricted airspace, that individual was identified, apprehended and is being charged by federal authorities.” Former New Jersey Gov. Chris Christie told Stephanopoulos in a subsequent interview that he and his wife saw drones above his home in the Garden State two days ago. "I can't tell you the number of people that have come up to me concerned about it," Christie said. "To say this is not unusual activity, it's just wrong." Christie credited Mayorkas for answering questions in his earlier interview, but said authorities needed to be "more vocal." "When people see this kind of activity, it's a newish technology to most people, and they're worried about it and concerned," he said. "It's a lack of communication from the government at the federal and state level that's at fault here." President-elect Donald Trump criticized the government's response to the sightings in a on Friday, saying if the government can’t let the public know what’s going on, then the drones should be shot down. “With respect to the ability to incapacitate those drones, we are limited in our authorities,” Mayorkas responded. “We have certain agencies within the Department of Homeland Security that can do that and outside our department, but we need those authorities expanded as well.” “It is our job to be vigilant in the federal government, with our state and local partners on behalf of the American public, and we can assure their safety by reason of that vigilance,” Mayorkas said. “We deploy personnel, technology, and, if there is any reason for concern, if we identify any foreign involvement or criminal activity, we will communicate with the American public accordingly.” "Right now, we are not aware of any. If we become aware of any, we will communicate accordingly and take appropriate action,” he added.
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Oklahoma City police have solved a 48-year-old cold case using forensic genealogy and DNA technology. "I thought it would never be finished. It had been so long. It had been the little gnawing in the back of your head. Who did this?" Leslie Sullenger, the granddaughter of Lela Johnston, said. Johnston was killed in her home in 1976. Detectives said they chased every lead and entered DNA years ago, but they never had any hits or matches. "There’s a few different reasons why this can happen, either — especially with unidentified human remains — they don’t have any criminal past, so maybe they’re just not in the database," said Dr. Rachel Oefelein, chief scientific officer at DNA Labs International. In 2023, police tried again, and DNA Labs International in Florida took on the case. "This particular case, it took about a year. We’ve had some cases that took four hours," Oefelein said. Oefelein said that when people do genetic testing to learn their family tree, they can opt in to sharing information with law enforcement. That data is used to help solve cases like this one. "A lot of the cold cases like this from 50 years ago, the quality of the evidence couldn’t be done with the technology at that time," Oefelein said. "Really, it’s a testament to how great the original responders were at the crime for this. Because this was 50 years ago that the evidence was preserved and maintained and was a suitable quality for us to even do this type of testing." The company uses that data to match a suspect, sometimes finding a very distant relative of the person who submitted for the test. "A lot of times, this might be even back to like the 1800s," Oefelein said. In this case, DNA Labs International found a positive match for a man named Charles Droke to be Johnston’s killer. Droke himself was murdered years later. "There’s tens of thousands, if not hundreds of thousands, of unidentified human remains in wards throughout the country, and all those people have families that are looking for them," Oefelein said. "Don’t give up. Just wait. The technology just keeps getting better and better." DNA Labs International, the company that conducted the testing, said it has thousands of requests from law enforcement across the country and hopes that, as technology advances, more families can have answers.AP Trending SummaryBrief at 6:06 p.m. ESTZenless Zone Zero 1.4 is giving out a free S-Rank Agent and taking another swing at its divisive TV mode: "We are neither surprised by nor dismissive of any feedback"
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