Latest news with #IWN
The Hindu
2 days ago
- Politics
- The Hindu
Midnight walkathon highlights women's safety
Marking the nation's 79th Independence Day, a midnight walkathon was organised here on Thursday to convey the message that women in a free country should feel safe to walk even at night without fear. The event, organised by the Indian Women Network (IWN), was flagged off by District Collector S. Kandasamy, Modakkurichi BJP MLA C. Saraswathi and Mayor Nagarathinam. Over 100 participants, including B. Dhanasekar, District Governor, Rotary District 3203, R.R. Sathiyamurthy, vice-chairman, CII Erode Zone, Young Indians chairperson Yadhavi Yogesh, IWN convenor Subasri Sriram, and college students, took part in the walkathon, which began at 11 p.m. from Sengodampalayam. Carrying the national flag, the participants walked through Veerappampalayam, Palayapalayam, and Kumalankuttai, before concluding the rally at the Collectorate at 12.30 a.m. on Friday. The route covered a distance of about 5 km. Organisers said the walkathon aimed to create awareness that, in independent India, women should have the freedom and safety to move about without restrictions, even during late-night hours. They added that the initiative also sought to spark conversations about gender equality and public safety in both urban and rural areas. The event concluded with the singing of the national anthem, reaffirming the spirit of freedom, equality, and unity.
Time of India
3 days ago
- Business
- Time of India
Digital entrepreneurship meet in Madurai stresses inclusive growth, women's role in tech
Madurai: The Digital Entrepreneurship Conference organised by Indian Women Network (IWN) Tamil Nadu and IWN Madurai Zone on Wednesday brought together over 270 delegates from industry, government, academia, and associations across the state. Delivering the chief guest address, IT and digital services minister Palanivel Thiaga Rajan highlighted Tamil Nadu's 11.9% economic growth and the monthly scholarship scheme that has benefitted over two lakh girls from corporation high schools. He reaffirmed the CM's vision of inclusive growth with social justice and women's empowerment. StartupTN CEO Sivarajah Ramanathan spoke on the state's evolving startup ecosystem. IWN leaders Gowri Kailasam and Savitha Jagadeesan called for greater visibility, collaboration, equal access to technology, and scaling women-led enterprises globally. CII Madurai Zone chairman Ashwin Desai urged women to lead as innovators and mentors, while IWN Madurai convenor Poornima Venkatesh stressed knowledge-sharing and collaborative leadership. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. "Get the latest news updates on Times of India, including reviews of the movie Coolie and War 2 ."
Al Bawaba
22-04-2025
- Politics
- Al Bawaba
Houthis down seventh U.S. MQ-9 drone in April
Published April 22nd, 2025 - 07:29 GMT In a broader show of force, the Houthis also claimed to have targeted two U.S. aircraft carriers, USS Harry S. Truman and USS Carl Vinson, with cruise missiles and drones in operations carried out in the Red Sea and Arabian Sea. ALBAWABA- Yemen's Ansar Allah (Houthis) announced on Monday that they have downed a U.S. MQ-9 Reaper drone over Hajjah Governorate. This marks the seventh American drone shot down by the group in April alone, according to Houthi military spokesman Brigadier General Yahya Saree. Saree confirmed that the drone was conducting 'hostile missions' in Yemeni airspace and was intercepted using a locally produced surface-to-air missile. 🇾🇪/🇺🇸✈️💥The Yemeni army downed another US MQ-9 drone on April 18.📊 This incident marks the 24th MQ-9 drone downed throughout the Yemeni conflict. 💸 The loss of these MQ-9s represents a significant cost for the US military, estimated at $736 million.#Yemen #US — IWN (@A7_Mirza) April 19, 2025 In a broader show of force, the Houthis also claimed to have targeted two U.S. aircraft carriers, USS Harry S. Truman and USS Carl Vinson, with cruise missiles and drones in operations carried out in the Red Sea and Arabian Sea. Saree declared that the group's military capability has only strengthened in recent weeks despite sustained U.S. attacks. بيان القوات المسلحة اليمنية بشأن استهداف حاملتي الطائرات الأمريكيتين، وإسقاط طائرة أمريكية نوع MQ_9 في سواحل محافظة حجة، وهي السابعة التي أسقطتها دفاعاتُنا الجوية خلال أبريل الجاري والثانية والعشرين خلال معركة الفتح الموعود والجهاد المقدس إسنادا لغزة. — العميد يحيى سريع (@army21yemen) April 22, 2025 Meanwhile, Saree stated that drone attacks were also launched on Israeli cities, including Eilat and Ashkelon, in retaliation for American and Israeli operations in the region. Since March 15, U.S. airstrikes on Yemeni cities have intensified, reportedly leaving hundreds dead or wounded, as part of what Washington calls a campaign to neutralize Houthi threats to international shipping lanes and regional allies. Speaking today, U.S. President Donald Trump confirmed that strikes in Yemen have specifically targeted Houthi leadership, weapons depots, and command centers. Trump stressed that these operations would continue until threats to U.S. interests and Red Sea navigation are fully eliminated. © 2000 - 2025 Al Bawaba (
Yahoo
31-01-2025
- Business
- Yahoo
Several Factors Lifted UFP Technologies (UFPT) in 2024
Summers Value Partners, an investment management company, released its fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The Summers Value Fund LP returned a net1 return of 27.4% in 2024 outperforming 11.3% return for its primary benchmark, the Russell 2000 Index ETF (IWM). The fund also outperformed its secondary benchmark, the Russell 2000 Value Index ETF (IWN), which returned 7.7% for the year. The Fund achieved profitability on both the long and short positions in its portfolio throughout the year. In addition, you can check the fund's top 5 holdings to find out its best picks for 2024. Summers Value Partners highlighted stocks like UFP Technologies, Inc. (NASDAQ:UFPT), in the fourth quarter 2024 investor letter. UFP Technologies, Inc. (NASDAQ:UFPT) manufactures solutions for medical devices, sterile packaging, and other highly engineered custom products. The one-month return of UFP Technologies, Inc. (NASDAQ:UFPT) was 13.06%, and its shares gained 56.91% of their value over the last 52 weeks. On January 30, 2024, UFP Technologies, Inc. (NASDAQ:UFPT) stock closed at $275.97 per share with a market capitalization of $2.118 billion. Summers Value Partners stated the following regarding UFP Technologies, Inc. (NASDAQ:UFPT) in its Q4 2024 investor letter: "UFP Technologies, Inc. (NASDAQ:UFPT): UFPT has been a strong performer since we first purchased it in 2020. The company continued its strong performance in 2024, benefiting from its growing relationship with Intuitive Surgical (ISRG). UFPT announced three acquisitions during the year, which we believe will drive further growth from a scale and profitability standpoint. The management team has demonstrated exceptional proficiency in making smart acquisitions, always with the goal of increasing the company's value to its customers. Management used debt and existing cash to fund the acquisitions, and we believe the company will look to rapidly de-leverage its balance sheet in future periods. During the year, we trimmed our exposure to UFPT as the stock's valuation increased, and we have now sold 90% of our original position." A doctor holding a specialized foam device, demonstrating the companies medical contributions. UFP Technologies, Inc. (NASDAQ:UFPT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 24 hedge fund portfolios held UFP Technologies, Inc. (NASDAQ:UFPT) at the end of the third quarter which was 19 in the previous quarter. While we acknowledge the potential of UFP Technologies, Inc. (NASDAQ:UFPT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we discussed UFP Technologies, Inc. (NASDAQ:UFPT) and shared Brown Capital Management Small Company Fund's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q3 2024 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
31-01-2025
- Business
- Yahoo
Summers Value Partners Exited its Position in Utah Medical (UTMD) in 2024
Summers Value Partners, an investment management company, released its fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The Summers Value Fund LP returned a net1 return of 27.4% in 2024 outperforming 11.3% return for its primary benchmark, the Russell 2000 Index ETF (IWM). The fund also outperformed its secondary benchmark, the Russell 2000 Value Index ETF (IWN), which returned 7.7% for the year. The Fund achieved profitability on both the long and short positions in its portfolio throughout the year. In addition, you can check the fund's top 5 holdings to find out its best picks for 2024. Summers Value Partners highlighted stocks like Utah Medical Products, Inc. (NASDAQ:UTMD) in the fourth quarter 2024 investor letter. Utah Medical Products, Inc. (NASDAQ:UTMD) is a global provider of medical devices for the healthcare industry. The one-month return of Utah Medical Products, Inc. (NASDAQ:UTMD) was -0.21%, and its shares lost 20.47% of their value over the last 52 weeks. On January 30, 2024, Utah Medical Products, Inc. (NASDAQ:UTMD) stock closed at $61.22 per share with a market capitalization of $207.63 million. Summers Value Partners stated the following regarding Utah Medical Products, Inc. (NASDAQ:UTMD) in its Q4 2024 investor letter: "Utah Medical Products, Inc. (NASDAQ:UTMD): Utah Medical is also on our detractor list for the second year in a row. The company's business prospects continued to deteriorate in 2024, falling short of our expectations. The business was negatively impacted by a class action lawsuit related to its Filshie Clip product and the loss of a major customer in the OEM segment. While Utah Medical has a history of generating strong cash flow and maintaining a rock-solid balance sheet, its future earnings prospects face significant uncertainty. We exited our position during the year, realizing a manageable loss on the investment." A doctor in a medical facility demonstrating a procedure with a state-of-the-art medical device. Utah Medical Products, Inc. (NASDAQ:UTMD) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 12 hedge fund portfolios held Utah Medical Products, Inc. (NASDAQ:UTMD) at the end of the third quarter which was 9 in the previous quarter. While we acknowledge the potential of Utah Medical Products, Inc. (NASDAQ:UTMD) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In addition, please check out our hedge fund investor letters Q3 2024 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
