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UBS says this solar stock can rally 75% even as U.S. budget bill poses risks to clean energy
UBS says this solar stock can rally 75% even as U.S. budget bill poses risks to clean energy

CNBC

time3 days ago

  • Business
  • CNBC

UBS says this solar stock can rally 75% even as U.S. budget bill poses risks to clean energy

Sunrun can surge from here even as a new U.S. budget bill poses a risk to the clean energy sector, according to UBS. Analyst Jon Windham kept his buy rating on the solar company. He did cut his price target to $12 from $17, but that still implies the stock could still gain 75% from Thursday's close. Sunrun shares have plunged nearly 26% this year and more than 52% over the past year, as traders ditch clean energy names under the Trump administration. The Invesco Solar ETF (TAN) has dropped more than 3% in 2025 and 13% in the past six months. The latest headwind for the sector comes after the U.S. House of Representatives on May 22 passed the "One Big Beautiful Bill Act," which proposes to eliminate the 30% Investment Tax Credit by the end of December. The bill has allowed homeowners to reduce their electricity costs by installing solar panels and battery storage systems. "Our lower target multiple reflects the overall intent of the House to seemingly remove all tax credits regarding residential solar and our relatively negative outlook on the Senate's willingness to preserve the credits compared to programs like the 45x manufacturing credit," Windham wrote in a Friday note to clients. RUN 1Y mountain Sunrun stock performance. But according to the analyst, Sunrun could remain resilient in the face of these cuts. If the residential tax credits are fully slashed, he said Sunrun could survive regulatory changes by structuring its Power Purchase Agreement options, getting more state-level policy support and transitioning to end markets such as commercial and industrial and community solar. He also noted that the company has strong assets. "Our estimates are unchanged as there is the potential for revisions in the U.S. Senate and possible that a final bill does not pass," Windham wrote. "We maintain our buy rating ... based on RUN's underlying $2.6bn portfolio of contracted net earning assets. In addition, we see potential upside scenarios beyond the U.S. budget bill." Wall Street remains split on Sunrun. Of the 25 analysts covering the stock, on rates it a strong buy, while 10 rate it a buy and 12 give it a hold, per LSEG.

Foley investigation leads to sentencing of two men in fake gold conspiracy case over 3 states
Foley investigation leads to sentencing of two men in fake gold conspiracy case over 3 states

Yahoo

time28-04-2025

  • Yahoo

Foley investigation leads to sentencing of two men in fake gold conspiracy case over 3 states

FOLEY, Ala. (WKRG) — A Foley Police Department investigation that began in 2023 has led to the federal sentencing of two men involved in a fake gold conspiracy case that spanned three states. Prichard Police looking for card skimmer suspects after device found in store According to the Department of Justice, 42-year-old Rossi Windham, 21-year-old Dylan Jemison and a minor sold fake gold and silver to people. A City of Foley news release said a victim of the conspiracy had contacted FPD after buying $20,000 worth of the fake gold from Jemison. The victim said Jemison had reached back out to him again offering to sell more counterfeit items. FPD officials set up a sting operation where the victim set up a meeting to buy more gold but Jemison was really met with a Foley officer, who found Jemison with a backpack full of fake gold bars, according to the release. Police said they were able to recover almost 100 fake gold bars from Jemison and the victim. Jemison was charged with first-degree theft of property and first-degree attempted theft of property. Officials said the victim was able to 'provide information that implicated the minor' a few days after Jemison's arrest. Because there were multiple people involved, it became a potential conspiracy, which is a federal crime. FPD officials then contact the Federal Bureau of Investigation. The release said FPD officials issued a public service announcement asking for other possible victims to come forward. That is when the officials received calls from victims in Alabama and Georgia. Officials searched Jemison's phone, which 'revealed the scale of the fraud scheme,' according to the release. 'Investigators determined that the incident began when the minor began advertising gold and silver bars and coins for sale on Facebook Marketplace,' read the release. 'Investigators found evidence that Windham, Jemison and the minor conspired to fraudulently sell counterfeit precious metals to victims in Alabama, Georgia, and Florida.' Officials said the minor claimed that he had inherited the counterfeit items from a relative and that he was selling them below market value in order to buy a truck and put money towards college. Windham allegedly helped the minor sell the items by arranging the sales and sometimes going with the minor to meet the victim, according to the DOJ. The release said at least once Windham handled the sale himself. Officials said the three people were able to get over $120,000 from victims — some were reimbursed by Windham. Monroe County road reopens after crash The court ordered Windham and Jemison to pay $87,000 in restitution to seven victims. They also agreed to 'forfeit their illicit proceeds to the United States,' according to the release. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Windham School District celebrates Second Chance Month
Windham School District celebrates Second Chance Month

Yahoo

time17-04-2025

  • General
  • Yahoo

Windham School District celebrates Second Chance Month

Apr. 16—HUNTSVILLE — In April of each year, Windham School District and its higher education partners, in collaboration with the Texas Department of Criminal Justice, recognizes its alumni by celebrating Second Chance Month. This month is dedicated to honoring individuals who accessed and completed rehabilitative programs during incarceration and are now thriving in their communities and lives. Second Chance Month also highlights the importance of entities such as Windham, college and university partners across the state and others that are committed to providing opportunities for people who are incarcerated to engage in academic and career and technical education programs with promising labor market projections in preparation to contribute to Texas communities. Seventeen years ago, on April 9, the Second Chance Act was enacted to help improve the likelihood of life-long success for individuals leaving incarceration. Texas reports one of the lowest recidivism rates in the country, with only 16.9% of individuals returning to incarceration within three years of reentry. Windham and postsecondary partners have contributed to this decrease of recidivism by remaining committed to educational opportunities while cultivating student excellence and transforming lives. "Second Chance Month allows Windham to recognize former students and graduates who worked diligently during incarceration to prepare for productive futures," Windham Superintendent Kristina J. Hartman said in a news release. "These individuals prioritized their education, gained strong career skills and maintained an optimistic outlook resulting in a positive impact to themselves, their families and communities." Through the power of education, Windham fosters successful outcomes by offering a variety of educational opportunities, including life skills programs that promote cognitive behavioral outcomes, academic courses for students to earn their high school equivalency or diploma and dual credit opportunities through partnerships with Lee College and Central Texas College. Additionally, Windham offers approximately 40 hands-on career and technical education (CTE) courses to help prepare students for employment in high-demand jobs. Finally, Windham partners with institutions of higher education for students to continue career preparedness, building upon the skills obtained with the district, through certificate and degree programs. Windham's steadfast dedication to providing success-driven educational opportunities to our students is represented in the district's alumni. According to Windham's 2023-2024 Annual Performance Report, of the 46,648 individuals who rejoined their communities from TDCJ in the 2023-2024 school year, 70% participated in Windham programs. Furthermore, approximately 60% of students enrolled in higher education programs during incarceration were Windham graduates. The district is proud to celebrate the positive impacts of current and future alumni during this year's Second Chance Month.

Game Wardens Can Surveil Private Land with Trail Cams. But That's Now Being Challenged in Pennsylvania's Supreme Court
Game Wardens Can Surveil Private Land with Trail Cams. But That's Now Being Challenged in Pennsylvania's Supreme Court

Yahoo

time11-04-2025

  • Yahoo

Game Wardens Can Surveil Private Land with Trail Cams. But That's Now Being Challenged in Pennsylvania's Supreme Court

A lawsuit filed by two Pennsylvania hunting clubs against the state's Game Commission has now reached the State Supreme Court. The court heard oral arguments Wednesday about the case, which revolves around 4th Amendment rights and whether game wardens should be allowed to search posted private lands without a warrant or probable cause. In most U.S. states, game wardens have this power under the Open Field Doctrine. This long-standing legal principle permits state and federal law enforcement to monitor and surveil private lands without a warrant or probable cause, and says that these activities do not constitute unlawful searches and seizures under the 4th Amendment. It applies to all private lands except occupied homes and buildings and the 'curtilage,' meaning the property immediately surrounding those buildings. Read Next: Can Game Wardens Hang Trail Cameras on Your Private Property? The lawsuit that was heard in the State Supreme Court Wednesday challenges that idea. It seeks to overturn three Pennsylvania statutes, as well as a precedent-setting 2007 court case that reinforced the state's adherence to the Open Field Doctrine. Joshua Windham, an attorney with the Institute for Justice, is representing the plaintiffs, the Punxsutawney and Pitch Pine Hunting Clubs. Together, the two clubs own thousands of acres in Clearfield County, where members hunt deer, bear, and other game. Although that acreage is posted with 'No Trespassing' signs, the two hunting clubs claim that between 2013 and 2021, officers with the Pennsylvania Game Commission routinely ignored those signs and bypassed locked gates in order to enter the properties and surveil the hunters without warrants. Windham tells Outdoor Life that, to his clients' knowledge, PGC officers entered private lands owned by the two clubs on at least 22 occasions over that period of time. He says that in addition to sneaking around and checking club members for compliance with state wildlife laws, those officers hung trail cameras so they could spy on the clubs remotely. Although some citations were issued to hunters, Windham says none of them amounted to more than a minor violation. As an example, Windham says there was one occasion where a club member had parked his truck on the property and walked down a trail, not realizing that a PGC officer was watching him. The game warden followed the man roughly 100 yards down the trail, and then confronted him to ask for his hunting license. 'The hunter said, 'It's in my truck.' And the officer said, 'Well, you have to have it on your person, so here's a ticket,'' Windham says. 'These were mostly technical violations. It's not like we're talking about prolific poachers, or people who were intentionally violating game laws.' Because of incidents like this one, Windham explains, club members say they've felt harassed and intruded upon by PGC. They say it's hard for them to enjoy hunting on their own land when they feel like they're being constantly monitored. Windham also argues that it's dangerous, since a key tenet of hunter safety is knowing your target and surroundings, and that is hard to do when officers are wandering around in the woods. 'We feel like we're invaded,' Punxsutawney Hunting Club board president Frank Stockdale said in a news conference before the State Supreme Court hearing Wednesday. 'We see game wardens on bicycles [and] in their trucks on our private property, which is completely gated and has no trespassing signs around the property. We feel like we've been harassed.' Windham makes it clear that their lawsuit is not anti-law-enforcement. He says the plaintiffs realize that PGC officers have a difficult job protecting the state's fish and wildlife resources, and they recognize that policing private lands is necessary. Roughly 84 percent of Pennsylvania's land is privately owned, so it would be nearly impossible for game wardens to investigate potential poaching or wildlife crimes without accessing those private lands. 'We're just saying that game wardens should operate under the same standards that police [and other law enforcement] do in every other context where a person could commit a crime on private property — and that's by establishing probable cause and getting a warrant from a judge.' This would be a major shift for PGC, and Windham says the only way the plaintiffs can win their case is if the Supreme Court overturns a 2007 case, Commonwealth v. Russo, in which a hunter was prosecuted for killing a black bear over bait on his own land. Russo, the hunter, filed to suppress the evidence collected during the warrantless search that led to the citation, and he claimed in the case that he should have 'a reasonable expectation of privacy' from game wardens on his posted private property. The court ruled against the hunter, which reinforced Pennsylvania's adherence to the Open Field Doctrine. Windham says they have a decent chance at overturning the case, especially in light of a 2024 court decision in Tennessee, which found that warrantless searches on private land are unconstitutional. Read Next: Tennessee Judges Rein in Game Wardens, Declaring Warrantless Searches on Private Land Unconstitutional Windham was an attorney in that case, too, and he says it included similar circumstances —— game wardens entering private lands to install trail cameras and spy on hunters. The judge in that case called the practice 'a disturbing assertion of power on behalf of the government,' and he even drew comparisons to the tyrannies colonial Americans were subjected to under British rule. 'It's kind of shocking how broad this Open Field Doctrine is … we found in a study that about 96 percent of all private land in the country falls under this doctrine. That's about 1.2 billion acres,' Windham says. 'So, we're talking about this rule of law that exposes basically all private land in the country to limitless surveillance. And that's a pretty shocking thing to say out loud. It's a pretty shocking thing to think about.'

Windham School District unveils 2025-2029 Strategic Plan
Windham School District unveils 2025-2029 Strategic Plan

Yahoo

time03-03-2025

  • Business
  • Yahoo

Windham School District unveils 2025-2029 Strategic Plan

Mar. 3—HUNTSVILLE — Windham School District, serving students incarcerated in the Texas Department of Criminal Justice, recently unveiled its 2025-2029 Strategic Plan, a comprehensive, five-year roadmap designed to drive the district's goals and initiatives forward. Alongside this plan, the district introduced a refreshed vision and mission statement, highlighting the commitment to being a leader in education, while fostering lifelong student excellence and motivation. Windham's newly refined vision and mission better reflect what the district strives toward daily. Vision: To be a leader in education by inspiring excellence and transforming lives. Mission: To guide, motivate and empower students through innovative educational pathways. These changes certify that the district prioritizes the academic, career and individual growth of students to assist them in becoming the best version of themselves. "Windham is excited to implement an improved plan, vision and mission that focuses on advancing the goals of the district not only as it relates to our educators and students, but also for the communities we serve," Windham Superintendent Kristina J. Hartman said in a news release. "Our 2025-2029 Strategic Plan sets a bold course for the future, reaffirming our commitment to excellence in education and ensuring that Windham remains a leader in empowering students to achieve their full potential." Windham's 2025-2029 Strategic Plan is dedicated to the delivery of high-quality instruction to students while supporting their transition into apprenticeship, postsecondary education programs or employment. To achieve this, the district aims to recruit and retain highly qualified teachers and staff, enhance the integration of technology in classrooms and strengthen effective communication. Windham plans to accomplish these goals through continual program improvement and annual progress evaluation. The updated Strategic Plan champions improved internet connectivity for students and educators, increasing technology usage and outcomes in the classroom and workforce as the intended result. Additionally, Windham will maximize pre- and post-reentry employment resources for students and graduates by implementing employment and career-centered strategies within the classroom and the community. Furthermore, the district plans to increase the teacher fill rate, currently at 80%. Finally, the 2025-2029 Strategic Plan outlines Windham's goal to enhance communication at the student, internal and stakeholder levels. This will be accomplished by focusing on person-centered language, improving the flow of communication and promoting awareness at the governmental and community levels. "Our goal is to foster clear and open communication on all levels, ensuring everyone feels heard and supported," Windham Division Director of Instruction Kevin Sawnick said in the release. "Not only that, but by placing an emphasis on person-centered language, we create a more respectful environment and empower our students to see their potential and take meaningful steps toward achieving their goals." Windham's implementation of its 2025-2029 Strategic Plan represents a significant rise in educational excellence across all campuses. By focusing on innovative initiatives, the district will enhance the quality of programs offered to students. With a steadfast dedication to providing future-focused education, Windham is poised to create lasting, positive impacts on students, their families and communities throughout the state, the release said. View Windham's 2025-2029 Strategic Plan at the district website.

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