Latest news for Plaza Retail REIT (OTC:PAZRF) Stock

Plaza Retail REIT

Plaza Retail

Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Its portfolio largely consists of open-air centres, Freestanding Quick Service Restaurants, Freestanding or Anchored Grocery or Pharmacy and is predominantly occupied by national tenants.

News

Intraday Update

Markets

Movers

Trading Ideas

ACIW

ALARF

ALLE

ALLK

ALNY

ARNC

ARVN

ARWR

BABA

BF-B

BRRZY

BURL

AllianzGI Convertible & Income 2024 Target Term Fund Common Shares of Beneficial Interest

CDAY

CARL DATA SOL INC ORD by Carl Data Solutions, Inc.

CDTAF

CFBK

CMHZ

CQRLF

CSLLY

CUTR

CWXZF

DISCA

DISCK

DMZPY

DOOO

DOOR

DRTGF

DSDVY

DSGX

DXCM

EBML

ESGR

ESNT

EXPERT SYSTEM S P A by EXPERT SYSTEM S P A

EXSPF

EXXRF

FCNCA

FJTSY

FLXN

FORTY

FTAI

FUSB

FWONA

FWONK

GAIN

GMRE

GWRE

HESAF

HLMAF

HOCPY

HSAC

IESC

ISRG

JKHY

KYCCF

LAMR

LCSHF

LITE

LPKFF

LPLA

LSXMA

Stocks That Hit 52-Week Highs On Wednesday

Oracle Corp's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) CloudWorld in Las Vegas had no shortage of artificial intelligence (AI) buzz, but investors hoping for a quick windfall might need <a href="https://www.benzinga.com/quote/ORCL/news">to temper expectations</a>.
JPMorgan analyst Tien-tsin Huang, who attended the event, noted that while Oracle's multi-cloud advancements are laying the groundwork for the future, the immediate impact on revenues is still uncertain.
"We saw numerous examples of high-value AI-driven tech services," Huang stated, highlighting the long-term potential of AI in transforming enterprise workflows. 
However, he remains cautious about the near-term outlook, adding, "Near-term demand improvement remains elusive," despite growing client interest in AI.
<h2 class="wp-block-heading">Oracle Makes A Big Move</h2>
Oracle's big move at CloudWorld was its announcement of Oracle Database (ODB) on AWS, building on similar launches with Microsoft Corp&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Azure and Alphabet Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google Cloud.
This multi-cloud push, Huang believes, is a critical strategy for companies looking to "maximize the value of GenAI" by optimizing data across different platforms.
Read Also: <a href="https://www.benzinga.com/startups/24/09/40922366/oracles-larry-ellison-briefly-became-wealthier-than-jeff-bezos-heres-how-his-fortune-outpaced-amazon">Oracle&#8217;s Larry Ellison Briefly Became Wealthier Than Jeff Bezos. Here&#8217;s How His Fortune Outpaced Amazon&#8217;s Founder</a>
<h2 class="wp-block-heading">Yet To See Material Revenue Momentum</h2>
Yet, the short-term demand for tech services in AI remains lukewarm. "We did not sense that any have achieved material revenue momentum in the category," Huang observed, signaling that while enterprise clients are interested in AI, the financial payoff might still be a few quarters away.
<h2 class="wp-block-heading">Accenture: A Secular Winner</h2>
Long-term, Huang is optimistic about Oracle and its tech services partners, particularly Accenture PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>), which he sees "as a secular winner" in helping companies customize and optimize generative AI solutions for business processes.
As companies transition to a more interoperable, multi-cloud environment, the opportunities for AI and tech services will grow, but patience is key.
For now, investors should keep their eyes on the big picture, as the immediate AI windfall for Oracle might take some time to materialize.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/m-a/24/09/40926078/nvidia-considers-165m-octoai-acquisition-aims-to-strengthen-ai-and-cloud-dominance">Nvidia Considers $165M OctoAI Acquisition, Aims to Strengthen AI and Cloud Dominance</a></li>
</ul>
Image: Shutterstock

GOOG

GOOGL

MSFT

ORCL

Oracle CloudWorld Highlights 'AI-Driven Tech Services,' But Revenue Growth Requires Patience: Analyst

The Nasdaq 100 closed lower by around 0.5% during Wednesday's session. Investors, meanwhile, focused on some notable insider trades.
When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Below is a look at a few recent notable insider sales. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Alphabet</h3>
<ul>
<li>The Trade: Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) CEO Sundar Pichai <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 22,500 shares</a> at an average price of $160.63. The insider received around $3.61 million from selling those shares.</li>
<li>What's Happening: Alphabet's Google won its appeal against the European Commission&#8217;s €1.49 billion ($1.66 billion) antitrust fine for anticompetitive practices involving its online search advertising business.</li>
<li>What Alphabet Does: Alphabet is a holding company that wholly owns internet giant Google.</li>
<li>Benzinga Pro's real-time newsfeed alerted to<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"> latest GOOG new</a>s. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="910" height="830" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19044828/image-145.png" alt="" class="wp-image-555611" style="width:716px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19044828/image-145.png 910w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19044828/image-145-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19044828/image-145-768x700.png 768w" sizes="(max-width: 910px) 100vw, 910px" /></a></figure>
<h3 class="wp-block-heading">Williams-Sonoma</h3>
<ul>
<li>The Trade: Williams-Sonoma, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSM#NYSE">WSM</a>) President and CEO Laura Alber <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 40,000 shares</a> at an average price of $145.27. The insider received around $5.8 million from selling those shares.</li>
<li>What's Happening: On Sept. 16, TD Cowen analyst Max Rakhlenko maintained Williams-Sonoma with a Buy and raised the price target from $150 to $160.</li>
<li>What Williams-Sonoma Does: With a retail and direct-to-consumer presence, Williams-Sonoma is a player in the $300 billion domestic home category and $450 billion international home market, focused on expanding its exposure in the B2B ($80 billion total addressable market), marketplace, and franchise areas. </li>
<li>Benzinga Pro&#8217;s charting tool helped identify the<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"> trend in WSM stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="927" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19044933/image-146.png" alt="" class="wp-image-555616" style="width:705px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19044933/image-146.png 927w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19044933/image-146-300x271.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19044933/image-146-768x693.png 768w" sizes="(max-width: 927px) 100vw, 927px" /></a></figure>
<h3 class="wp-block-heading">Ross Stores</h3>
<ul>
<li>The Trade: Ross Stores, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) Group President, COO Michael J. Hartshorn <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 8,366 shares</a> at an average price of $155.64. The insider received around $1.3 million from selling those shares.</li>
<li>What's Happening: On Aug. 22, Ross Stores reported better-than-expected second-quarter financial results and raised its FY24 EPS guidance with its midpoint above estimates.</li>
<li>What Ross Stores Does: Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. </li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1">breakout in ROST</a> shares. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="875" height="841" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19045018/image-147.png" alt="" class="wp-image-555619" style="width:630px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19045018/image-147.png 875w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19045018/image-147-300x288.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19045018/image-147-768x738.png 768w" sizes="(max-width: 875px) 100vw, 875px" /></a></figure>
<h3 class="wp-block-heading">McDonald&#8217;s</h3>
<ul>
<li>The Trade: McDonald&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) Chairman and CEO Christopher J Kempczinski <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 3,934 shares</a> at an average price of $300.00. The insider received around $1.2 million from selling those shares.</li>
<li>What's Happening: On Sept. 16, JP Morgan analyst John Ivankoe maintained McDonald&#8217;s with an Overweight and raised the price target from $270 to $290.</li>
<li></li>
<li>What McDonald&#8217;s Does: McDonald&#8217;s is the largest restaurant owner-operator in the world, with 2023 system sales of $130 billion across nearly than 42,000 stores and 115 markets. </li>
<li>Benzinga Pro's earnings calendar was used to track upcoming <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1">MCD&#8217;s earnings repor</a>ts. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="860" height="813" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19045124/image-148.png" alt="" class="wp-image-555620" style="width:601px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19045124/image-148.png 860w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19045124/image-148-300x284.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19045124/image-148-768x726.png 768w" sizes="(max-width: 860px) 100vw, 860px" /></a></figure>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/09/40925678/fedex-gears-up-for-q1-print-here-are-the-recent-forecast-changes-from-wall-streets-most-accurate-an">FedEx Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts</a></li>
</ul>

Short Ideas

Insider Trades

Pre-Market Outlook

ROST

Alphabet, McDonald's And 2 Other Stocks Executives Are Selling

WIIM

COUR

Coursera shares are trading higher are trading higher after B of A Securities initiated coverage on the stock with a Buy rating and announced an $11 price target.

Ahead of the 2024 election, Kamala Harris and Oprah Winfrey are set to host a virtual event aimed at rallying support in key battleground states.
What Happened: Harris and Winfrey will join forces for an online event on Thursday aimed at rallying support in key battleground states, according to Reuters on Thursday.
The &#8220;Unite for America&#8221; event, co-hosted by Winfrey and the activist group &#8220;Win with Black Women,&#8221; seeks to register voters and bolster Harris&#8217;s campaign in states like Pennsylvania, Georgia, and Michigan. The event will be live-streamed at 8 p.m. EDT (0000 GMT) on social media platforms including Instagram and TikTok.
On the same day, Donald Trump will attend a Washington event on fighting antisemitism and address the Israeli-American Council Summit.
Harris has been campaigning in Michigan, specifically in the Detroit area, local press reported. Numerous grassroots organizations, such as &#8220;Latinas for Harris,&#8221; &#8220;Win With Black Men,&#8221; and &#8220;Republicans for Harris,&#8221; are participating in the event. Win with Black Women focuses on helping Black women win elected offices.
Since Harris entered the race in July, these groups have raised over $20 million for her campaign, according to a press release from Unite for America. Winfrey emphasized the importance of voter motivation and planning in a statement.
See Also: <a href="https://www.benzinga.com/general/politics/24/09/40910999/trump-in-trouble-vice-president-harris-has-record-6-point-lead-in-2024-election-poll-after-debat?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump In Trouble: Vice President Harris Has Record 6-Point Lead In 2024 Election Poll After Debate, Posts Highest Rankings In Key Demographics</a>
According to a recent Reuters poll, Harris leads her Republican opponent Donald Trump 47% to 42%. Harris is ahead in battleground states like Michigan, Pennsylvania, and Wisconsin, while Trump has more support in Georgia.
Why It Matters: Harris&#8217;s campaign has seen significant momentum recently. A recent survey of fund managers, strategists, and economists revealed that <a href="https://www.benzinga.com/news/24/09/40913930/kamala-harris-moves-from-13-point-deficit-to-7-point-lead-over-trump-in-survey-of-fund-managers-stra">Harris had moved from a 13-point deficit</a> to a 7-point lead over Trump. The survey, conducted by CNBC, showed Harris as the likely winner of the November election, with 48% support compared to Trump&#8217;s 41%. This shift in support came after Harris replaced President Joe Biden on the Democratic ticket in July.
Additionally, Harris received a rare endorsement from the <a href="https://www.benzinga.com/general/politics/24/09/40907893/kamala-harris-wins-second-endorsement-in-179-years-from-magazine-that-featured-works-from-nikola">oldest continuously published magazine </a>in the U.S., which has featured works from notable figures like Nikola Tesla and Albert Einstein. This endorsement is significant given the tight contest between Harris and Trump. 
Moreover, pop star Taylor Swift&#8217;s <a href="https://www.benzinga.com/general/entertainment/24/09/40824581/taylor-swifts-endorsement-of-kamala-harris-drives-over-330k-visitors-to-vote-gov">endorsement of Harris</a> drove over 330,000 visitors to vote.gov, highlighting the impact of celebrity endorsements on voter engagement. This surge occurred less than 24 hours after Swift&#8217;s endorsement following the debate between Harris and Trump.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40911991/hillary-clinton-compares-melania-trump-to-the-little-kid-at-a-birthday-party-who-doesnt-know-anyone?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Hillary Clinton Compares Melania Trump To &#8216;The Little Kid At A Birthday Party Who Doesn&#8217;t Know Anyone&#8217; In Her Latest Book</a></li>
</ul>
Image via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

Politics

General

Kamala Harris And Oprah Winfrey To Host Virtual Event To Sway Support From Key Battleground States Of Pennsylvania, Georgia And Michigan As Trump Attends Washington Event

Neuraspace's Space Traffic Management (STM) platform provides cutting edge Artificial Intelligence (AI) and Machine Learning (ML) features that reinforce mission safety, efficiency and longevity for Sidus Space.
Sidus Space (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIDU#NASDAQ">SIDU</a>) (the "Company" or "Sidus"), a provider of end-to-end precision Space Infrastructure solutions and Data-as-a-Service products, announced today, at the <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwsbw.com%2F&amp;esheet=54124388&amp;newsitemid=20240919680196&amp;lan=en-US&amp;anchor=World+Space+Business+Week&amp;index=1&amp;md5=537ec7d1903b5bc087101aa73f3d3d2d">World Space Business Week</a> (WSBW) conference in Paris, the signing of an agreement with Neuraspace. Under the agreement, Neuraspace will provide Space Traffic Management and LEOP (Launch and Early Operations) support services to Sidus Space, thereby enhancing the Company's constellation operation capabilities.

SIDU

Sidus Space Enhances LizzieSat Constellation Operations Via Agreement With Neuraspace

At today's event, Thermo Fisher Scientific highlighted:
<ul>
<li>Incredibly well-positioned industry leadership, with leading businesses that enable our customers' success
<ul>
<li>Our industry-leading businesses are benefited by total company scale and capabilities. &nbsp;</li>
</ul>
</li>
<li>Attractive end markets that are fueled by enduring long-term trends
<ul>
<li>Thermo Fisher is the industry leader serving an attractive $235 billion market with long-term market growth of 4% to 6%. &nbsp;</li>
</ul>
</li>
<li>Proven growth strategy drives share gain
<ul>
<li>High-impact innovation: enabling major scientific breakthroughs.</li>
<li>The trusted partner to our customers: enabling customer success with an excellent reputation and credibility built over a long period of time.</li>
<li>Unparalleled commercial engine: commercial advantage through deep engagement with customers wherever they are. &nbsp;</li>
</ul>
</li>
<li>Practical Process Improvement Business System (PPI) enables outstanding execution
<ul>
<li>PPI is the core of Thermo Fisher's culture, with a focus on continuous improvement that drives quality, productivity and customer allegiance and engages every colleague to find a better way, every day.</li>
<li>PPI delivers competitive advantage and drives differentiated financial performance. &nbsp;</li>
</ul>
</li>
<li>Delivering differentiated value creation for all our stakeholders
<ul>
<li>Industry leading businesses have a long-standing track record of value creation.</li>
<li>Disciplined approach to capital deployment, which consists of strategic M&amp;A and returning capital to shareholders, enables us to better serve our customers and create tremendous value for our shareholders.</li>
<li>Mission-led comprehensive CSR strategy delivers competitive advantage through our innovations for a cleaner planet, investments in colleagues and communities and our focus on impact and accountability. More details can be found in the most recent <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fcorporate.thermofisher.com%2Fcontent%2Fdam%2Ftfcorpsite%2Fdocuments%2Fcorporate-social-responsibility%2Fannual-reports%2F2023-CSR-Report.pdf&amp;esheet=54124207&amp;newsitemid=20240919299545&amp;lan=en-US&amp;anchor=CSR+Report&amp;index=1&amp;md5=043c86c39168bf774d5a27615ad0617f">CSR Report</a>. &nbsp;</li>
</ul>
</li>
<li>Outstanding track record of financial performance and an excellent long-term outlook
<ul>
<li>Thermo Fisher's proven growth strategy drives share gain, and its capital deployment approach creates tremendous value, positioning the company to deliver organic revenue growth of 7% to 9% and mid-teens adjusted EPS growth over the long term.</li>
</ul>
</li>
</ul>

Thermo Fisher Scientific Hosts 2024 Investor Day, Showcasing Industry-Leading Businesses, Proven Growth Strategy, And Strong Long-Term Financial Outlook

Guidance

Union Pacific Sees Annual Capital Investments Of Roughly $3.5B-$3.7B Over Next Three Years

AmpliTech Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPG#NASDAQ">AMPG</a>, AMPGW)))), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, Public and Private 5G, and other communications networks, including the design of complete 5G/6G systems and a global distributor of packages and lids for integrated circuits assembly, today announced receipt of the single cash payment, in excess of $700K, for the reported end of August single sale transaction by its Spectrum Semiconductor Materials Division, this, while AmpliTech Group also surpassing bookings in excess of $1M in the timeframe of September to date, once again as result of increased quoting activity experienced since the start of Q3 2024. &nbsp;
AmpliTech Group is very pleased to see the level of activity in bookings and cash receipts being achieved quarter to date. As recently announced, the company also reported its AGTGSS Division initial contribution to sales for the year with an exciting hardware only sale of some of their private 5G portfolio of products. The company is actively participating in full end-to-end 5G deployment opportunities and believes to be announcing additional exciting projects before the end of the year.

Contracts

AMPG

AmpliTech Group Receives Over $700K In Cash From Single Products Sale At Their Spectrum Division; AmpliTech Group Surpassing Bookings In Excess Of $1M In The Timeframe Of September To Date, As Result Of Increased Quoting Activity Experienced Since The Start Of Q3 2024

Buybacks

Union Pacific Sees Revenue Excluding Fuel Surcharge Revenue To Grow Faster Than Volume Excluding Coal Over Next 3 Years; Union Pacific Sees Annual Share Repurchases Of $4B-$5B Over Next Three Years Starting In 2025

Sen. JD Vance, Donald Trump&#8217;s running mate for the 2024 Presidential Election, has been promoting unverified rumors about Haitian immigrants eating pets, causing unease among GOP lawmakers.
What Happened: Republican lawmakers expressed their discomfort of Vance&#8217;s statements, Business Insider<a href="https://www.businessinsider.in/politics/world/news/some-gop-lawmakers-are-tired-of-jd-vances-cat-rumors/articleshow/113491247.cms"> reported</a> on Thursday.
Rep. Juan Ciscomani (R-Ariz.) criticized the Biden-Harris administration&#8217;s border policies but avoided engaging in the pet-eating claims.
&#8220;I think that conversation, overall, has been distracting from the real issue at hand,&#8221; he said.
Rep. Mike Lawler (R-N.Y.) representing a New York district with a significant Haitian community, emphasized the importance of focusing on larger issues and respecting the Haitian community.
Despite the backlash, Vance defended his actions, claiming the rumors draw attention to American suffering. 
Springfield, Ohio, has seen an influx of Haitian immigrants, which has strained local services but also revitalized the economy. A YouGov poll revealed that 54% of Americans believe the pet-eating claims are false or likely false.
See Also: <a href="https://www.benzinga.com/news/24/09/40911991/hillary-clinton-compares-melania-trump-to-the-little-kid-at-a-birthday-party-who-doesnt-know-anyone?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Hillary Clinton Compares Melania Trump To &#8216;The Little Kid At A Birthday Party Who Doesn&#8217;t Know Anyone&#8217; In</a>
Sen. Mitt Romney (R-Utah) criticized the false claims, stating they harm Haitian refugees. Other Republicans, like Rep. Marc Molinaro, sidestepped questions about the rumors, focusing instead on broader immigration issues.
Why It Matters: The controversy surrounding Vance&#8217;s claims is not occurring in isolation. Trump <a href="https://www.benzinga.com/news/24/09/40807202/trump-says-immigrants-are-eating-the-dogs-in-ohio-during-debate-with-kamala-harris-gets-called-out">reiterated similar allegations</a> during a televised debate with Vice President Kamala Harris on September 10, 2024. Trump claimed that immigrants in Springfield, Ohio, were abducting and consuming pets, which Harris dismissed as &#8220;extreme&#8221; and city officials denied.
Additionally, in August, <a href="https://www.benzinga.com/real-estate/24/08/40303701/jd-vance-blames-20-million-migrants-for-housing-crisis-economists-say-hes-missing-the-point">Vance blamed 20 million migrants</a> for the housing crisis, a stance that economists criticized as missing the point. This context shows a pattern of using immigration as a focal point for broader societal issues.
During the same debate, Trump was also noted for being stuck in a loop of discussing drugs, murders, and illegal immigrants, blaming them for various societal problems. He claimed that migrants were &#8220;destroying our country,&#8221; despite a sharp drop in migration at the U.S.-Mexico border following President Biden&#8217;s June mandate limiting border crossings.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40899012/elon-musk-reacts-after-trump-campaign-releases-over-50-examples-of-democrats-rhetoric-that-inspired?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts After Trump Campaign Releases Over 50 Examples of Democrats&#8217; Rhetoric That &#8216;Inspired Assassination Attempt&#8217;</a></li>
</ul>
Image via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

JD Vance's Unverified Rumors About Haitian Immigrants Stir GOP Discomfort: 'Distracting From Real Issues At Hand'

Biotech

ADIL

Adial Pharmaceuticals Announces Database Lock In Pharmacokinetics Study Of AD04 For Alcohol Use Disorder; Topline Results Expected In Q4 2024

TD Bank Group ("TD" or the "Bank") (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TD#TSX">TD</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>) and Chief Executive Officer, Bharat Masrani, today announced his intention to retire on April 10, 2025, after 38 years at the Bank and more than a decade as CEO.
In line with TD Bank Group's succession plan, the Board of Directors announced that Raymond Chun, Group Head, Canadian Personal Banking will be appointed to the Board of Directors and become Chief Operating Officer, TD Bank Group, reporting to Mr. Masrani, effective November 1, 2024, with responsibility for all of TD's lines of business. The Board also announced its intention that Mr. Chun will become Group President and Chief Executive Officer, TD Bank Group, on April 10, 2025, at the Bank's next Annual Meeting of Shareholders. Following his retirement as CEO, Bharat Masrani will continue to serve as an advisor to the Bank until October 31, 2025.

Management

TSX:TD

TD Bank Group President And CEO Bharat Masrani To Retire April 10, 2025; Board Names Raymond Chun As Successor

SLRN

ACELYRIN shares are trading higher after the company announced results from the its global Phase 3 clinical trial of izokibep in moderate-to-severe hidradenitis suppurativa patients will be shared as a late-breaking oral presentation at the 2024 European Academy of Dermatology and Venereology.

With Proportional Adjustments To Warrants, Stock Options, And Convertible Preferred Stock

Stock Split

RSLS

ReShape Lifesciences Announces 1-For-58 Reverse Stock Split, Effective September 23, 2024

Sigmatron International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMA#NASDAQ">SGMA</a>) reported quarterly losses of $(0.54) per share. This is a 1450 percent decrease over earnings of $0.04 per share from the same period last year. The company reported $84.78 million in sales this quarter. This is a 13.61 percent decrease over sales of $98.13 million the same period last year.

Earnings

SGMA

Sigmatron International Q1 EPS $(0.54) Down From $0.04 YoY, Sales $84.78M Down From $98.13M YoY

California-based EV startup Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) has included a pre-owned vehicle section on its online store which allows potential buyers to buy them at a lower cost than new vehicles. 
What Happened: Potential customers can now buy both new and pre-owned vehicles at the R1 online shop.
The cheapest R1T used truck is priced at $62,370 on the website. The Model year 2023 R1T truck with forest green exterior paint has covered 16,581 miles. 
The cheapest pre-owned R1S, meanwhile, starts at $73,150 and has covered 12,492 miles. 
The website provides potential buyers with details such as issues identified with the vehicle, accident history, and time period of previous ownership. Some of the pre-owned vehicles also <a href="https://www.benzinga.com/news/24/07/39654281/rivian-cancels-7-day-vehicle-return-policy-urges-customers-to-do-test-drives-and-walk-arounds-instea">qualify for return in 7 days</a>, an option unavailable with new vehicles. 
Why It Matters: Rivian&#8217;s R1 electric vehicles are premium electric vehicles. While the R1T starts at around $70,000, the R1S starts at around $76,000. Some premium versions of the two vehicles start at around $100,000. 
Buying a pre-owned vehicle allows the customer to make significant savings.
The inventory for used Rivian vehicles will likely build when existing customers trade them in for <a href="https://www.benzinga.com/news/24/05/38694651/rivian-aims-to-churn-out-215k-evs-from-illinois-factory-with-r2-leading-charge-and-save-over-2b">upcoming R2 vehicles.</a> The company intends to start production of the R2 in the first half of 2026.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40933228/tesla-registrations-in-eu-take-a-hit-in-2024-as-ev-demand-slows-volkswagen-volvo-and-toyota-continue" target="_blank" rel="noreferrer noopener">Tesla Registrations In EU Take A Hit In 2024 As EV Demand Slows: Volkswagen, Volvo, And Toyota Continue To Gain Speed</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

RIVN

Rivian Now Offers Used Vehicles On Online Shop At Lowered Prices

Steelcase shares are trading lower after the company reported worse-than-expected Q2 revenue results.

<ul>
<li>KIEPE equips Vossloh Rolling Stock's DE 18 center-cab locomotives with SmartHybrid battery power converters; eleven systems have already been delivered</li>
<li>System integration by KIEPE replaces the locomotives' additional diesel tanks with battery drive</li>
<li>Locomotives meet new environmental guidelines or local emission limits for pollutants and noise emissions</li>
</ul>
DÜSSELDORF, Germany, and ATLANTA, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Heramba Electric plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PITA#NASDAQ">PITA</a>) ("Heramba Electric" or the "Company"), a global technology company focused on decarbonizing public and commercial transportation, announced that its wholly owned subsidiary, <a href="https://www.globenewswire.com/Tracker?data=Z_RGE2QBt_5k43UrqQXe5BU5YparySmjOUtL95VX7f5jUNL5fL6n_3Ud08Lpocajh2xlvW91ch-agjekglQCIg==">Kiepe Electric</a> ("KIEPE") has received a framework order from <a href="https://www.globenewswire.com/Tracker?data=O1zPDcf7m7PM6A_8sCDGbUBCXurxstsUsdIdcIg1WN59i5KBRp_2-Nvq9IH8iIImEL77aH1aAc2n4ZX_oQv1DM9jCrqM3_Tj9DvCALzHiYE=">Vossloh Rolling Stock</a> to equip eleven class DE 18 diesel-electric shunting locomotives with KIEPE's SmartHybrid battery drive instead of an additional diesel tank. The low-emission and low-noise operation of KIEPE's SmartHybrid battery drive brings operators various benefits, such as higher availability, decarbonization, and energy efficiency. KIEPE will present the SmartHybrid solution at Booth 430, Hall 9 at <a href="https://www.globenewswire.com/Tracker?data=pKK8n0UIXSxM-3aSNaURTB6TunK5pDQe6nspwb11x3uAx2l5EZGFTD6CChTaQfKPxjKicQEs4HLUzHZdLxBPQcBB4uRU_0lpzz1_s_N02JU=">InnoTrans in Berlin</a> from September 24-27, 2024.

PITA

Heramba Electric's Kiepe Electric Subsidiary Receives Order For SmartHybrid Battery Drive For Center-Cab Locomotive DE 18 From Vossloh Rolling Stock

LBPH

Longboard Pharmaceuticals Receives Rare Pediatric Disease And Orphan Drug Designations From FDA For Bexicaserin (LP352) In Dravet Syndrome

OSIS

OSI Systems Awarded $26M Services Contract For Cargo And Vehicle Inspection Systems From An International Customer