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Jefferies Sticks to Their Hold Rating for Installed Building Products (IBP)
Jefferies Sticks to Their Hold Rating for Installed Building Products (IBP)

Business Insider

time19-07-2025

  • Business
  • Business Insider

Jefferies Sticks to Their Hold Rating for Installed Building Products (IBP)

In a report released today, Philip Ng from Jefferies maintained a Hold rating on Installed Building Products, with a price target of $175.00. The company's shares opened today at $192.87. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Ng covers the Consumer Cyclical sector, focusing on stocks such as International Paper Co, Packaging, and Ball. According to TipRanks, Ng has an average return of 9.9% and a 56.94% success rate on recommended stocks. In addition to Jefferies, Installed Building Products also received a Hold from J.P. Morgan's Michael Rehaut in a report issued on July 11. However, on July 15, Goldman Sachs maintained a Buy rating on Installed Building Products (NYSE: IBP). IBP market cap is currently $5.28B and has a P/E ratio of 21.85. Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IBP in relation to earlier this year. Most recently, in May 2025, Michael Thomas Miller, the EVP & CFO of IBP bought 2,750.00 shares for a total of $454,480.73.

Jefferies Sticks to Its Buy Rating for TopBuild (BLD)
Jefferies Sticks to Its Buy Rating for TopBuild (BLD)

Business Insider

time19-07-2025

  • Business
  • Business Insider

Jefferies Sticks to Its Buy Rating for TopBuild (BLD)

Jefferies analyst Philip Ng maintained a Buy rating on TopBuild today and set a price target of $425.00. The company's shares opened today at $367.54. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Ng is a 5-star analyst with an average return of 9.9% and a 56.94% success rate. Ng covers the Consumer Cyclical sector, focusing on stocks such as International Paper Co, Packaging, and Ball. In addition to Jefferies, TopBuild also received a Buy from Goldman Sachs's Susan Maklari in a report issued on July 15. However, on July 11, Truist Financial maintained a Hold rating on TopBuild (NYSE: BLD). The company has a one-year high of $495.68 and a one-year low of $266.26. Currently, TopBuild has an average volume of 391.4K. Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BLD in relation to earlier this year. Last month, Nancy Taylor, a Director at BLD sold 125.00 shares for a total of $35,721.25.

These bricks are made from coffee and they slash energy use by 80%
These bricks are made from coffee and they slash energy use by 80%

Yahoo

time12-07-2025

  • Business
  • Yahoo

These bricks are made from coffee and they slash energy use by 80%

Australian researchers at Swinburne University of Technology have developed strong, sustainable bricks made from used coffee grounds—offering a potential breakthrough in reducing construction's carbon footprint. On June 27, the university announced signing an IP licensing deal with Green Brick to launch these sustainable bricks. "For the last century, materials have been judged by one thing: cost per square meter, but in the next chapter, we'll judge them by carbon, transparency, and circularity. And those metrics favor a new product," said Philip Ng, Green Brick's founder. An estimated nine million tonnes of ground coffee are used globally each year. This consumption results in approximately 18 million tonnes of wet spent coffee grounds (SCGs) generated as a byproduct. The growing organic waste presents an environmental challenge. Most of that spent coffee is in landfills, creating methane – a greenhouse gas. Over 1.3 million cups in Australia alone are sold daily, leading to about 10,000 tonnes of coffee waste yearly. And it adds to the nation's carbon footprint. That's why a team led by Dr. Yat Wong from the university decided to find a way to use this discarded waste. While past efforts have seen coffee waste transformed into biochar for concrete, like a footpath in Pakenham, Victoria, and even processed into coffee oil by a UK-based Bio-bean, Dr. Wong's team has found a new purpose. The researchers used coffee waste from cafes and restaurants in this new work. The coffee waste was blended with clay and incorporated with an alkali activator to create their low-emission bricks. This specific formulation is key, enabling the bricks to be baked at 200 degrees Celsius (360°F), i.e., 80 percent less than the temperatures required for conventional brick firing. "It's lighter on energy, faster to produce, and designed to reduce electricity-related CO₂ emissions by up to 80 percent per unit," Dr. Wong said. The new method for brick production drastically reduces the environmental impact typically associated with standard, energy-intensive manufacturing that relies on fossil fuels. An earlier study pointed out that a single kilogram of brick produced using coal firing generates approximately 64.26 grams of CO2 emissions. What's more, these sustainable bricks are said to be remarkably durable, doubling "the Australian minimum standard for strength." The team says the project delivers a powerful dual benefit: it diverts massive amounts of coffee waste from landfills, reducing methane emissions and creating a low-carbon, high-performance building material. Meanwhile, the quest for sustainable brick production extends beyond coffee grounds. For example, in 2024, architecture studio Grimshaw, in partnership with the University of East London (UEL), developed "Sugarcrete." This innovative brick is made from bagasse, a byproduct of sugarcane. Bricks produce 15 to 20 percent of the carbon emissions of traditional bricks. Moreover, its carbon footprint is 20 times smaller and four to five times lighter than traditional concrete. It is exciting to see researchers worldwide develop innovative, sustainable building solutions, leveraging everything from spent coffee to sugarcane waste. What could be the next sustainable option?

Philip Ng, 47, confirms his romantic relationship with 34 y/o model Renee Li
Philip Ng, 47, confirms his romantic relationship with 34 y/o model Renee Li

Independent Singapore

time31-05-2025

  • Entertainment
  • Independent Singapore

Philip Ng, 47, confirms his romantic relationship with 34 y/o model Renee Li

HONG KONG: It seems Philip Ng, the Hong Kong-American actor who was once romantically involved with TVB's Linda Chung, has found someone new. As reported in The Star, the 47-year-old made his relationship with model Renee Li official on Wednesday. This happened just a day after eagle-eyed fans spotted them together at Raymond Lam's concert. Photo: Instagram/Renee Li The actor was previously seen with a younger woman at a theme park, according to Oriental Daily . Although Ng, the actor from last year's Twilight of the Warriors: Walled In , had already been seen with Li, he was still being cautious with reporters. He confirmed he was 'getting to know' someone, but kept her identity a secret at that point. It seems he wanted to take his time before officially announcing things. Met through mutual friends Ng told the Hong Kong media how he actually met Renee Li. Apparently, it was through a friend they both know. He also confirmed that Renee, who's 34, making her 13 years younger than him, was the same woman he was spotted with at the theme park before all this news came out. He said they were introduced recently and just started dating. He hopes that everyone can give the couple time and space, and he thanked everyone. In 2011, Li joined the entertainment industry. In addition to presenting several ViuTV shows over the years, she has starred in films such as Magic To Win (2011) and Detective (2013). Secretly dated for eight years For context, Ng and Linda Chung secretly dated for eight years. They had to keep it quiet because of their careers at the time. Later, Linda married Jeremy Leung, and they have two children together. Philip Ng, also known as Ng Wan-lung, is interesting because he's got roots in both Hong Kong and America. He was born in Hong Kong in September 1977, but his family moved to the States when he was young, so he's considered both a Hong Kong and an American actor. Master of various martial arts He is a master of various martial arts, including Wing Chun Kung Fu (trained under the late Sifu Wong Shun-leung), Choy Li Fut Kung Fu (trained by his father, Sam Ng), Hung Gar Kung Fu, Tae Kwon Do, Jujutsu, and Escrima. Ng is talented both in front of and behind the camera when it comes to action. He's a skilled fight choreographer, which makes sense with his martial arts background. Fun fact: he even started a Wing Chun club at his university in the US called the Illini Wing Chun Association. Then, in 2002, he decided to come back to Hong Kong to pursue his dreams of acting and choreographing action for movies and TV. Some of his notable films include Twilight Of The Warriors: Walled In (2024), Birth of the Dragon (2016, where he played Bruce Lee), Once Upon a Time in Shanghai (2014), and Invisible Target (2007). He has also appeared in TV series such as A Fist Within Four Walls (2016) and The Righteous Fists (2022).

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