Latest news with #CNM
LeMonde
01-08-2025
- Entertainment
- LeMonde
Music festivals in France face fragile economics and unsustainable future
"We're putting €3.7 million on the table, and it's a game of roulette. There's no other economic sector where you take such wild risks to barely break even, even after selling all the tickets." This chilling observation from Carol Meyer, director of Art Rock, a music festival in the eastern town of Saint-Brieuc, illustrated the turmoil faced by many directors of music festivals. France is known for its large number of contemporary and popular music festivals. According to Emmanuel Ethis, the government's interministerial delegate for artistic and cultural education, there are around 2,500 festivals each year. However, very few of them manage to stay afloat. The latest study by the French national music center (CNM), published Thursday, July 24, highlighted the sector's extreme structural fragility: "In 2024, two out of three festivals ended the year with a deficit." The reason is not even a lack of audiences, since "68% of festivals with an occupancy rate above 90%" still ended up in the red in 2024. According to another study by the Ministry of Culture, released Tuesday, July 29, music festivals appear even more financially fragile than others. Out of 800 festivals, all disciplines combined, "only" 46% admitted to being in deficit in 2024.
Yahoo
31-07-2025
- Business
- Yahoo
Buy Like Big Money: Inflows Make Core & Main Soar
CNM focuses on water, wastewater, storm drainage and fire protection products, along with related services for municipalities, private water companies, and contractors. In its first-quarter fiscal 2025 earnings report, the company reported record quarterly net sales of $1.9 billion, diluted per-share earnings of $0.62, and net sales guidance of up to $7.8 billion for the year. It's no wonder CNM shares are up 28% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock. Big Money Soaks Core & Main Institutional volumes reveal plenty. In the last year, CNM has enjoyed strong investor demand, which we believe to be institutional support. Each green bar signals unusually large volumes in CNM shares. They reflect our proprietary inflow signal, pushing the stock higher: Plenty of industrials names are under accumulation right now. But there's a powerful fundamental story happening with Core & Main. Core & Main Fundamental Analysis Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, CNM has had strong sales and earnings growth: 3-year sales growth rate (+14.9%) 3-year EPS growth rate (+39.1%) Source: FactSet Also, EPS is estimated to ramp higher this year by +14.7%. Now it makes sense why the stock has been generating Big Money interest. CNM has a track record of strong financial performance. Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term. Core & Main has been a top-rated stock at MoneyFlows. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis. It's generated 17 outlier inflow signals since 2023 and is up 160% since its first appearance on the rare Outlier 20 report. The blue bars below show when CNM was a top pick…Big Money loves it: Tracking unusual volumes reveals the power of money flows. This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward. Core & Main Price Prediction The CNM action isn't new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio. Disclosure: the author holds no position in CNM at the time of publication. If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level and follow our free weekly MoneyFlows insights. This article was originally posted on FX Empire More From FXEMPIRE: US-EU Trade Agreement Ensures Only Modest Blow to the Sluggish European Economy Coinbase on Fire from Sustained Big Money Buys See How Money Flows Drive Outliers Like Garmin Identify Outliers Like Palantir with Money Flows Japan's 10-Year Yield Peaks: What's Driving the Rise? Eye Outliers Like Synopsys Early with Money Flows
Yahoo
18-07-2025
- Business
- Yahoo
Core & Main (CNM) Outperforms Broader Market: What You Need to Know
Core & Main (CNM) closed the most recent trading day at $61.85, moving +2.25% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.52%, while the tech-heavy Nasdaq added 0.74%. Prior to today's trading, shares of the distributor of water and fire protection products had gained 7.73% outpaced the Industrial Products sector's gain of 5.35% and the S&P 500's gain of 4.2%. Market participants will be closely following the financial results of Core & Main in its upcoming release. The company's upcoming EPS is projected at $0.78, signifying a 27.87% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.11 billion, indicating a 7.54% increase compared to the same quarter of the previous year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.46 per share and a revenue of $7.75 billion, indicating changes of +15.49% and +4.11%, respectively, from the former year. It is also important to note the recent changes to analyst estimates for Core & Main. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Core & Main is currently a Zacks Rank #3 (Hold). In terms of valuation, Core & Main is presently being traded at a Forward P/E ratio of 24.64. This signifies a premium in comparison to the average Forward P/E of 17.61 for its industry. Meanwhile, CNM's PEG ratio is currently 1.79. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Manufacturing - Tools & Related Products stocks are, on average, holding a PEG ratio of 1.61 based on yesterday's closing prices. The Manufacturing - Tools & Related Products industry is part of the Industrial Products sector. With its current Zacks Industry Rank of 64, this industry ranks in the top 26% of all industries, numbering over 250. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Core & Main, Inc. (CNM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Time of India
18-07-2025
- Politics
- Time of India
Senior Maoists quit after 4 decades: Couple with Rs 20L bounty surrenders before Rachakonda police; man was key associate of Gaddar
HYDERABAD: A couple who spent four decades as Maoists, and carried a reward of 20 lakh each, surrendered before the Rachakonda police on Thursday. Both were state committee members of Dandakaranya Special Zonal Committee (DKSZC) in Chhattisgarh. Mala Sanjeev, also known as Lengu Dada, hails from Yapral in Medchal-Malkajgiri district. He was a state committee member (SCM) and a member of Chaitanya Natya Manch (CNM) secretariat in DKSZC. His wife, Perugula Parvathi, also known as Deen, was an SCM and a member of CNM's cultural sub-committee. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Announcing the surrender, Rachakonda commissioner of police Sudheer Babu said that Sanjeev was a key associate of the late Gaddar. "In 1980, Sanjeev joined the Jana Natya Mandali (JNM) of the Communist Party of India (ML) People's War under Gaddar's leadership and worked for it until 1986. He collaborated with members such as Dappu Ramesh, Daya, Vidya and Divakar to conduct various cultural programmes across 16 states in the country, spreading the ideology of the CPI (ML) People's War." In 1982, Sanjeev married Panjala Saroj, who died in a shootout in Alipur, Mulugu district. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Drink 1 Cup Every Morning – See What Happens A Week Later! Health Insight Undo In 1996, he joined the armed wing of the People's War Group, working as a divisional committee member. "He later worked in Eturunagaram, Pandava and Mahadevpur dalams. In 2001, he was promoted to state committee member and worked under the North Telangana Special Zonal Committee. In 2003, he was transferred to the Dandakaranya committee, where he was in-charge of CNM. It was there that he married Perugula Parvathi and they both became involved in cultural programmes," said Sudheer.
The Hindu
17-07-2025
- Politics
- The Hindu
Senior Maoist couple surrenders before Telangana's Rachakonda Police after 45 years underground
Two senior leaders of the outlawed CPI (Maoist), including the founding member of the party's cultural wing and a contemporary of revolutionary balladeer Gaddar, surrendered before the Rachakonda Police Commissioner on Thursday (July 17, 2025), marking a significant move away from decades of insurgent activity in Telangana and Chhattisgarh. The couple, identified as Mala Sanjeev alias Lengu Dada and Perugula Parvathi alias Bontala Parvathi or Deena, held key positions in the Dandakaranya Special Zonal Committee (DKSZC). Sanjeev, now 62, is originally from Yapral in Medchal–Malkajgiri district and served as a State Committee member and Secretariat member of Chaitanya Natya Manch (CNM), the cultural arm of the CPI (Maoist). His wife Parvathi, aged 50, from Vankeshwaram village in Nagarkurnool, held the rank of State Committee member and was part of CNM's Cultural Sub-Committee. The police said that their surrender was influenced by the Telangana government's rehabilitation policies and welfare schemes aimed at reintegrating former Maoists into civilian life. The couple expressed their desire to live peacefully with their families and give up the armed movement they were part of for over four decades. Rachakonda Police Commissioner, G. Sudheer Babu, described the surrender as 'a moral victory' for Telangana Police's sustained and inclusive approach towards counterinsurgency. 'Their decision reflects the growing confidence in our rehabilitation policy and the realisation that violence has no place in today's democratic society,' he said. Sanjeev's involvement with Maoist movement from 1980 Sanjeev's involvement with the Maoist movement began in 1980 through the Jana Natya Mandali (JNM), the cultural wing of the CPI (ML) People's War, led by Gummadi Vittal, also known as Gaddar. Between 1980 and 1986, Sanjeev played a crucial role in spreading the party's ideology through performances across 16 States alongside cultural figures like Dappu Ramesh and Divakar. He later joined the armed wing, working in multiple dalams across Telangana and was eventually promoted as State Committee Member in 2001. After being transferred to Chhattisgarh in 2003, he became the in-charge of CNM under DKSZC, where he remained active until his surrender. Parvathi entered Maoist ranks in 1992 Parvathi entered the Maoist ranks in 1992 and worked in several dalams in the Nallamala region and Visakhapatnam district before being posted to DKSZC in 2007. That same year, she married Sanjeev and continued to perform, compose and train Maoist cadres in Hindi, Telugu, and Koya languages. She was elevated to State Committee Member status in 2018. Both had previously survived exchanges of fire with security forces, Sanjeev in 2002 and 2005, and Parvathi in 2017. Rachakonda Police urged other underground Maoists from Telangana to follow suit and return to their native villages. 'We appeal to all those still underground to return and take part in rebuilding their communities. The door to peace and dignity is open,' said the Police Commissioner. The Police also warned of legal action against individuals operating under the guise of mass organisations with the intent to disrupt law and order. Citing a decline in Maoist recruitment and a shift in youth attitudes, authorities described Maoism as an outdated and failed ideology that has lost relevance in contemporary society. 'Lay down arms and leave the underground. Join the mainstream of public life,' the Commissioner said.
