Latest news with #Sauer
Business Insider
5 days ago
- Business
- Business Insider
Heidelberger Druckmaschinen (0OC2) Receives a Hold from Kepler Capital
Kepler Capital analyst Sven Sauer maintained a Hold rating on Heidelberger Druckmaschinen on July 25 and set a price target of €1.80. The company's shares closed last Friday at €1.61. 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. According to TipRanks, Sauer is a 3-star analyst with an average return of 4.6% and a 41.81% success rate. Sauer covers the Industrials sector, focusing on stocks such as RENK Group AG, Heidelberger Druckmaschinen, and INDUS Holding. In addition to Kepler Capital , Heidelberger Druckmaschinen also received a Hold from TR | OpenAI – 4o's Garrick Presswyn in a report issued on July 18. However, on July 21, Baader Bank maintained a Buy rating on Heidelberger Druckmaschinen (LSE: 0OC2).
The Citizen
5 days ago
- Entertainment
- The Citizen
Montrose learners level up at fourth annual esports showdown
Montrose Primary School was buzzing with excitement as learners geared up for their fourth annual inter-house esports tournament on July 26. The digital competition, which has become a much-anticipated event on the school calendar, saw players going head-to-head in Minecraft and, for the first time, Rocket League. 'This year, we wanted to allow more learners to participate, so we introduced Rocket League alongside Minecraft,' said Ronel Sauer, Montrose's Girls' Sports Coordinator and Esports Manager. She added that it doubled the excitement and gave more children a shot at winning. Also read: The 2025 Alfeco Montrose Dream Big Night Challenge offers thrills and cheers Adding to the stakes, the tournament also served as a selection round for Montrose's official Comic Con and RCL esports teams. Sauer pointed out that the real twist and fun doesn't end at the final whistle but at 18:00, learners return for the school's first-ever 12-hour LAN party, gaming through the night until 6am. Follow us on our Whatsapp channel, Facebook, X, Instagram and TikTok for the latest updates and inspiration!
CBS News
24-07-2025
- Health
- CBS News
Trump administration asks the Supreme Court to let it move forward with NIH grant cuts
Washington — The Trump administration asked the Supreme Court on Thursday to give it the green light to cancel hundreds of grants awarded by the National Institutes of Health because they were tied to issues like gender identity and diversity, equity and inclusion. Solicitor General D. John Sauer asked the high court to halt a lower court decision that ordered the NIH to reinstate the grants and required the Trump administration to continue paying out roughly $783 million in awards. The administration had decided that the grants did not align with its policy objectives. The grants were canceled in response to executive orders signed by Mr. Trump soon after he returned to the White House that directed federal agencies to terminate awards and contracts that were related to diversity, equity and inclusion — or DEI — and gender identity research activities and programs. NIH began ending the grants that it said did not match the administration's policy priorities in February, and in April, 16 states, as well as research and advocacy groups, a union and researchers filed lawsuits challenging the cancellations. The plaintiffs asked the federal district court in Massachusetts to block NIH from terminating any grants and order the agency to restore any awards that had already been axed. The district court last month ruled in favor of the research entities after holding a bench trial in the cases, finding that NIH engaged in "no reasoned decision-making" in the rollout of the grant terminations. U.S. District Judge William Young, appointed by former President Ronald Reagan, tossed out the challenged directives. The Trump administration asked the U.S. Court of Appeals for the 1st Circuit to pause the district court's decision, which it declined to do. In the emergency appeal to the Supreme Court, Sauer said its request for relief gives it a chance to "stop errant district courts from continuing to disregard" its decisions. Sauer pointed to an April order from the Supreme Court that cleared the way for the Department of Education to cancel millions of dollars in grants that it said funded programs that involve DEI initiatives. The high court said in that order that the Trump administration was likely to succeed in showing that the federal district court that oversaw that case lacked jurisdiction to order the payment of money under a federal law governing the agency rulemaking process. The solicitor general said the judicial system does not rest on a "lower-court free-for-all where individual district judges feel free to elevate their own policy judgments over those of the Executive Branch, and their own legal judgments over those of this Court."
The Hill
23-07-2025
- Business
- The Hill
Supreme Court lets Trump fire federal product safety commissioners, liberal justices dissent
The Supreme Court on Wednesday paved the way for President Trump to fire three members of the Consumer Product Safety Commission (CPSC) — the second time the justices have allowed Trump's terminations at independent agencies to go into effect. The emergency order lifts a lower court's ruling that determined the firings were unlawful and effectively ordered the reinstatement of commissioners Mary Boyle, Alexander Hoehn-Saric and Richard Trumka Jr. as the litigation progresses. The majority pointed to its May emergency ruling greenlighting Trump firing members of two other independent agencies, saying the CPSC did not differ in 'any pertinent respect.' 'Although our interim orders are not conclusive as to the merits, they inform how a court should exercise its equitable discretion in like cases,' the unsigned order reads. The three justices appointed by Democratic presidents publicly dissented, saying their colleagues had 'negated Congress's choice of agency bipartisanship and independence.' 'By means of such actions, this Court may facilitate the permanent transfer of authority, piece by piece by piece, from one branch of Government to another. Respectfully, I dissent,' wrote Justice Elena Kagan, joined by Justices Sonia Sotomayor and Ketanji Brown Jackson. The decision marks an immediate victory for the Trump administration, which has looked to vastly expand executive power since Trump returned to the White House. The administration has sought to eviscerate removal protections for members of independent agencies throughout the government, pushing back on a 90-year-old Supreme Court precedent that cleared the way for Congress to establish those protections. The new order marks the second time the justices have intervened to permit Trump's firings of independent agency leaders. In May, the justices cleared the way for Trump to fire National Labor Relations Board member Gwynne Wilcox and Merit Systems Protection Board member Cathy Harris. Solicitor General D. John Sauer said lower courts still haven't gotten the message, including when U.S. District Judge Matthew Maddox later blocked Trump's termination of the three CPSC members. Sauer urged the Supreme Court to firmly settle the issue by leapfrogging the lower courts to take up the CPSC case on their normal docket. 'This case illustrates that the sooner this Court resolves the merits of this application and decides foundational questions about the scope of the President's removal authority, the better,' Sauer wrote in the application. The majority declined to do so, instead sending the case back to the lower courts. But Justice Brett Kavanaugh, Trump's second appointee to the court, said he would've taken that additional step. He warned his colleagues may leave 'extended uncertainty and confusion' about whether the court will overrule the precedent. 'Moreover, when the question is whether to narrow or overrule one of this Court's precedents rather than how to resolve an open or disputed question of federal law, further percolation in the lower courts is not particularly useful,' Kavanaugh wrote. The CPSC commissioners, appointed by former President Biden, were let go earlier this year. Trump did not purport to have cause to fire them, despite federal law providing independent agencies across the federal bureaucracy with for-cause removal protections. CPSC commissioners cannot be fired by the president except for 'neglect of duty or malfeasance in office' under federal law. Similar setups exist for a handful of other agencies, providing a degree of independence from the political impulses of the White House. The commissioners, represented by consumer advocacy group Public Citizen, urged the justices to stay out of the case. 'The government now asks this Court to disrupt the status quo and enter a stay that would prevent the Commissioners from serving in the roles that the district court held they are entitled to occupy and that they have in fact been occupying for the last month. The government cannot establish its entitlement to this extraordinary relief,' the group's attorneys wrote in court filings.
Business Insider
19-07-2025
- Business
- Business Insider
RENK Group AG (R3NK) Receives a Buy from Kepler Capital
Kepler Capital analyst Sven Sauer maintained a Buy rating on RENK Group AG on July 17 and set a price target of €85.00. The company's shares closed yesterday at €71.34. 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. Sauer covers the Industrials sector, focusing on stocks such as RENK Group AG, INDUS Holding, and Heidelberger Druckmaschinen. According to TipRanks, Sauer has an average return of 4.9% and a 44.40% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for RENK Group AG with a €68.40 average price target, implying a -4.12% downside from current levels. In a report released on July 17, Jefferies also maintained a Buy rating on the stock with a €60.00 price target. Based on RENK Group AG's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €272.62 million and a net profit of €681 thousand. In comparison, last year the company earned a revenue of €237.67 million and had a GAAP net loss of €2.78 million Based on the recent corporate insider activity of 10 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 R3NK in relation to earlier this year.
