Latest news with #ORT
Yahoo
9 hours ago
- Automotive
- Yahoo
PA Turnpike tollbooths removed at interchanges
(WBRE/WYOU) — Multiple tollbooths have been removed from the Pennsylvania Turnpike in areas where Open Road Tolling (ORT) has begun. The PA Turnpike has started removing toll plazas along the turnpike, starting with the Pocono Interchange (Exit 95) and on the Northeast Extension (Interstate 476), with plans to remove all tollbooths by 2028. The two tollbooths have been removed where the ORT system has launched. The ORT system will have gantries above the turnpike that allow for unobstructed traffic flow. You will be able to drive highway speeds through the ORT gantries. Death investigation underway in Williamsport 'The PA Turnpike has been a leader in transportation from the day we opened in 1940 as 'America's First Superhighway' and while traditional tollbooths made practical sense then, we now have more advanced and efficient systems that better serve today's 21st century customers… The switch to ORT modernizes the Pennsylvania Turnpike for today. We look forward to providing customers with a safer and more convenient travel experience on the PA Turnpike and better serving the communities we touch along the way.' PA Turnpike CEO Mark Compton The ORT gantries charge the driver by E-ZPass or by Toll By Plate. The switch to ORT in the east of the state occurred in January and will launch in the turnpike's west section in 2027. The PA Turnpike Commission says the tollbooths on the mainline will be fully removed across the turnpike by the end of 2028. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Miami Herald
4 days ago
- Business
- Miami Herald
Home Depot, Target fight back on organized retail crime, theft
A lot of crimes, at least when it comes to retail theft, are crimes of opportunity or crimes of need. Maybe you forgot to scan an item, or maybe you intentionally missed it. It's hard to know and even harder to enforce at a self-checkout. Related: Dollar Tree raises red flag about unexpected customer behavior Sometimes the person stealing does it because it's easy and plausibly deniable, while in others, the person steals because they're hungry and broke. Shoplifting and petty checkout theft is a problem, but it's mostly a nuisance compared to organized retail crime. Don't miss the move: Subscribe to TheStreet's free daily newsletter "Organized Retail Theft (ORT), also known as Organized Retail Crime (ORC), is the large-scale theft of retail merchandise with the intent to resell the stolen items for financial gain. ORT may involve a criminal enterprise that employs a group of individuals to steal large quantities of merchandise from multiple stores. These ORT groups maintain or utilize fencing operations to convert the stolen goods into cash," according to the FBI. Stolen items are then sold online, at flea markets, and other places where it's hard to track where the items came from. Image source: Shutterstock You would probably not expect a massive pushback effort to thwart ORT to come from a single group in Illinois, but that's what happened. The Cook County Regional Organized Crime Task Force coordinated a huge effort across 28 states that led to hundreds of arrests. The agency thanked its many partners on X, the former Twitter. "Thank you to all the agencies, ORCAs, and retailers who participated in the first-ever National ORC Blitz event. The event was a great success!," it shared. An ORCA is an organized retail crime association designed to tackle the problem. The crackdown involved 30 retailers - including Home Depot, Kroger, Macy's, Target, Ulta Beauty, and Walgreens - across 100 jurisdictions, according to CNBC. Joint efforts to crack down on ORC have been supported by the National Retail Federation (NRF). More Retail: Costco quietly plans to offer a convenient service for customersT-Mobile pulls the plug on generous offer, angering customersKellogg sounds alarm on unexpected shift in customer behavior "Organized retail crime and related thefts cannot be solved by the retail industry alone. Addressing this issue requires collaboration between retailers, law enforcement, prosecutors, community leaders, and legislators, with action needed at local, state, and national levels," it shared in a report on the NRF website. RetailWire asked its panel of industry experts whether they thought efforts like this would work. "Retailers have enough pressures and issues without having to deal with the cost of retail crime. Shoplifting and stealing from retailers should not be tolerated, and people should be prosecuted and punished. No ifs, no buts. Credit to State's Attorney Eileen O'Neill Burke for spearheading and organizing this crackdown. It needs to be an ongoing effort to show that retail crime comes with consequences," wrote GlobalData Managing Director Neil Saunders. Social media poster James Tenser was very specific about the cause of the problem and how to lessen its impact. "It's unfortunate that self-service merchandising (which helps keep prices a little lower for honest customers) also creates a temptation for this kind of organized thievery. Retailers can't safely intervene, but they can use electronic surveillance to identify professional thieves and aid their apprehension and prosecution by the authorities," he posted. Organized retail theft is not garden-variety shoplifting, he explained. "The stakes are much higher, which makes the perpetrators more potentially dangerous. Since stolen goods are likely to find their way into online marketplaces or neighborhood flea markets, only a focused law-enforcement effort can find and trace items back to the offenders," he added. "While the term 'crackdown' seems a bit harsh, I'd like to think that 'certainty of prosecution' would be am effective deterrent. The key is consistent enforcement of existing laws." Related: Domino's and Pizza Hut rival makes 'first-in-decade' menu change Poster Christopher P. Ramey was not interested in exploring the possibility that some people steal because they need to in order to survive. "Thieves are thieves. There are no free passes. Retailers can't fix societal root causes, nor should they be expected to fix them. That's why we have laws and police to enforce them," he shared. Ramey supported the enforcement efforts. "A national crackdown that includes other law enforcement agencies is exactly what may be needed. Then we need to put the shoplifters away long enough so they learn their lesson. We owe the retailers an aggressive response, for they are the victims," he added. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
01-05-2025
- Business
- Yahoo
European Growth Companies With Insider Ownership Up To 25%
As European markets experience a positive upswing, with the STOXX Europe 600 Index climbing 2.77% amid easing trade tensions, investors are keenly observing growth companies that demonstrate resilience and potential in this evolving landscape. A key factor that often signals strong alignment between company management and shareholder interests is high insider ownership, which can be particularly appealing in times of economic uncertainty as it may indicate confidence in the company's future prospects. Name Insider Ownership Earnings Growth Pharma Mar (BME:PHM) 11.8% 43.1% Vow (OB:VOW) 13.1% 111.2% Elicera Therapeutics (OM:ELIC) 23.8% 97.2% Bergen Carbon Solutions (OB:BCS) 12% 50.8% CD Projekt (WSE:CDR) 29.7% 37.4% Elliptic Laboratories (OB:ELABS) 22.6% 88.2% Lokotech Group (OB:LOKO) 13.6% 58.1% Nordic Halibut (OB:NOHAL) 29.7% 60.7% Xbrane Biopharma (OM:XBRANE) 21.8% 82.7% Ortoma (OM:ORT B) 27.7% 68.6% Click here to see the full list of 207 stocks from our Fast Growing European Companies With High Insider Ownership screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Pharmanutra S.p.A. is a pharmaceutical and nutraceutical company that focuses on researching, designing, developing, and marketing nutritional supplements and medical devices across various regions including Italy, Europe, the Middle East, South America, the Far East, and internationally; it has a market capitalization of €516.65 million. Operations: The company's revenue is derived from segments including €5.92 million from Akern, €70.24 million from Italy, and €39.34 million from foreign markets. Insider Ownership: 10.8% Pharmanutra demonstrates strong growth potential with insider ownership aligning interests. Its revenue is forecast to grow at 10.9% annually, outpacing the Italian market. Earnings are expected to rise by 14.6% per year, significantly above market averages, and past earnings grew by 29.4%. Recent substantial insider buying indicates confidence in its future prospects. Analysts predict a stock price increase of over 50%, supported by high projected return on equity of 27.3% in three years. Click here to discover the nuances of Pharmanutra with our detailed analytical future growth report. Our comprehensive valuation report raises the possibility that Pharmanutra is priced higher than what may be justified by its financials. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Scandi Standard AB (publ) operates in the production and sale of chilled, frozen, and ready-to-eat chicken products across several countries including Sweden, Norway, Ireland, Denmark, Finland, Germany, the United Kingdom and internationally with a market cap of SEK5.76 billion. Operations: Scandi Standard generates revenue through the sale of chilled, frozen, and ready-to-eat chicken products across Sweden, Norway, Ireland, Denmark, Finland, Germany, the United Kingdom, and other international markets. Insider Ownership: 17.4% Scandi Standard shows potential with forecasted annual earnings growth of 21.1%, outpacing the Swedish market, despite a low return on equity projection of 13.7%. The company trades at a significant discount to its estimated fair value, suggesting possible undervaluation. Recent earnings reported sales of SEK 3.38 billion for Q1 2025, up from SEK 3.16 billion year-on-year, but net income slightly declined to SEK 66 million from SEK 70 million. Dive into the specifics of Scandi Standard here with our thorough growth forecast report. Our valuation report unveils the possibility Scandi Standard's shares may be trading at a discount. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Verve Group SE is a digital media company that provides ad-software solutions in North America and Europe, with a market cap of €631.95 million. Operations: The company's revenue is derived from Demand Side Platforms (DSP) at €100.55 million and Supply Side Platforms (SSP) at €390.27 million. Insider Ownership: 25.8% Verve Group SE demonstrates potential with a forecasted annual earnings growth of 28.6%, surpassing the German market's average. Despite trading at a substantial discount to its estimated fair value, recent results show declining profit margins and shareholder dilution over the past year. The company anticipates robust double-digit organic growth for 2025, driven by ID-less solutions and a strong U.S. advertising market, while insiders have increased their holdings significantly in recent months. Click to explore a detailed breakdown of our findings in Verve Group's earnings growth report. Our expertly prepared valuation report Verve Group implies its share price may be lower than expected. Discover the full array of 207 Fast Growing European Companies With High Insider Ownership right here. Interested In Other Possibilities? The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 26 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include BIT:PHN OM:SCST and XTRA:M8G. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
