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(Reuters) - Industrial equipment manufacturer Dover cut annual profit forecast on Tuesday, as it expects higher costs associated with inventory storage and lower demand from the biopharma and automotive industries to dampen earnings. Dover now expects its 2023 adjusted profit to be in the range of $8.75 to $8.85 per share, based on an about flat full-year revenue growth. It had earlier forecast $8.85 to $9.00 per share for the year. "We are shifting to a more conservative outlook for the remainder of the year to reflect the changes in certain market conditions we observed in the third quarter," Tobin added. The company's total revenue of $2.15 billion for the third quarter missed analysts' average estimate of $2.22 billion, according to LSEG data.
Persons: Dover, Richard Tobin, Tobin, Abhinav Parmar, Shilpi Majumdar Organizations: Reuters, Dover Locations: Dover, Illinois, Bengaluru
The Paradox of Prosecuting Domestic Terrorism
  + stars: | 2023-02-08 | by ( James Verini | ) www.nytimes.com   time to read: +52 min
The preventive approach to domestic terrorism goes back even further than the 1990s and it begins with the basic police work and surveillance of the joint terrorism task forces. In fact, there is no section of the U.S. Criminal Code that criminalizes domestic terrorism as such. The absence of clear law around domestic terrorism, and the imperatives of prevention, mean that investigators and prosecutors who work domestic terrorism cases must focus on more common charges: weapons violations, illegal drug possession, burglary, aiding and abetting and so forth. But this was not enough to overrule the fear of domestic terrorism that was gripping the nation and that hung in the courtroom. It reflected the legal paradoxes of the case and domestic terrorism law in general or, maybe more accurately, the absence of it.
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