The results are in on the vote deciding the future of the Elliott State Forest in Oregon. On October 15, the three members of the State Land Board approved the plan proposing the forest usage for a research area that will work on protecting animal habitats and increasing carbon storage capacity to mitigate climate change and generate income from the sale of CO2 credits.In a unanimous vote, Gov. Tina Kotek, Secretary of State LaVonne Griffin-Valade, and state Treasurer Tobias Read greenlighted this future agenda. The proposal was also made available for public comments in the period between June 12 and August 4,…
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Image source: Getty Images Some UK shares just look too cheap. So here are five that look well worth deeper research and consideration right now. A turnaround may be coming In the lead FTSE 100 index, telecommunications giant BT (LSE: BT.A) is changing hands on a low rating. With the share price near 146p, the forward-looking price-to-earnings (P/E) ratio is just below 7.9 for the trading year to March 2026. That compares to the average rating for the FTSE 100 at about 13.6. However, BT does have risks, one of which is the mountain of debt on the balance sheet.…
Investing.com — Infosys Limited, a digital services and consulting firm, reported third-quarter earnings that met analyst expectations while revenue slightly exceeded forecasts. The company’s stock slipped 1.75% following the announcement. For the third quarter, Infosys (NS:) reported earnings per share of $0.19, in line with analyst estimates. Revenue came in at $4.89 billion, surpassing the consensus expectation of $4.87 billion. The company achieved a year-over-year revenue growth of 3.3% in constant currency terms. Infosys CEO and MD Salil Parekh commented on the results, stating, “We had strong growth of 3.1% quarter-on-quarter in constant currency in Q2. The growth was broad-based with…
Amazon announced it’s investing in small nuclear reactors to power data centers and artificial intelligence. Source link
CHANTILLY, Va. – Parsons Corporation (NYSE: NYSE:), a technology provider in national security and infrastructure markets, has been selected for a $225 million multiple award task order contract by the United States Army Corps of Engineers (USACE) Kansas City District. The company will participate in environmental remediation projects with a one-year base period and four one-year options, marking new work for Parsons. The contract is part of efforts funded by the Infrastructure Investment and Jobs Act and supports Environmental Protection Agency (EPA) cleanup initiatives aimed at safeguarding public health and safety. Parsons will compete for task orders that involve remediation…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with:If the summer was about the ROI on AI, or really, the absence of it, how much patience does Wall Street have for tech’s fall earnings?Judging by the surge in chip stocks, investors waiting for details about where all that infrastructure money is going and when new revenue will be coming will have to wait a while longer. An appreciating asset is its own defense.As analysts press tech executives for clearer timelines around the supposed AI transformation, chip names…
By Michelle Conlin and Matt TracyNEW YORK/WASHINGTON (Reuters) – For 32 years, Jim Tynan had a homeowners’ policy with Allstate on his 1,200-square foot condo in Ponte Vedra, Florida.In January, Tynan’s Allstate subsidiary told him it was going to drop him. Tynan called ten different agencies, “and none would cover me,” he said.Finally, he found one that would. It cost 50% more.Florida has been hit with four major hurricanes in the past four years, which has sent insurance premiums rocketing and caused some insurers to pull back on coverage. For residents cleaning up after storms or living nearby water, they…
Image source: Getty Images I dream of building a substantial passive income. The idea that some hard work, discipline, and a touch of luck could afford me a dream retirement is pretty amazing. Lately I’ve been looking at some of the top FTSE 100 stocks and thinking about how I can turn that dream into a reality. The Footsie average dividend yield is 3.5% but some stocks are yielding as much as 10%. Now, I don’t have oodles of spare cash to invest right now. But I thought I’d see what putting £200 each week into some big name stocks…
Bernstein SocGen Group has revised the price target for L&T Technology Services Ltd. (LTTS: IN) to INR4,680.00, up from the previous target of INR4,070.00. Despite the increase in the price target, the firm has maintained an Underperform rating on the stock. The analyst at Bernstein SocGen Group noted that the broad-based mid-cap IT services sector continues to show weakness, with LTTS not meeting growth and margin expectations. The company’s growth guidance has been retained at 8-10%+ year-over-year constant currency (CC%), but the analyst believes this target is at risk, considering the challenging quarterly growth rates of 4.5-7% required in the…
Isiah Pacheco #10 of the Kansas City Chiefs runs for a one yard touchdown during the third quarter against the Philadelphia Eagles in Super Bowl LVII at State Farm Stadium on February 12, 2023 in Glendale, Arizona.Rob Carr | Getty Images Sport | Getty ImagesEarlier this month a well-known musician showed up at a Kansas City Chiefs game as the National Football League continues its bid to reach a new audience.But this time it wasn’t Taylor Swift cheering on Travis Kelce — as the pop star has done at Kansas City games, leading to a boost in viewership.It was Puerto…