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PGT's board of directors turned down Miter's fully-financed $33-per-share offer which it deemed inadequate, the sources said. PGT shares ended trading on Monday at $26.20. PGT manufactures and supplies windows and doors. The Venice, Florida-based company expanded into the overhead garage door market by acquiring Martin Door Holdings for approximately $185 million in 2022. It attributed the move to "a likely accumulation of PGT shares by a strategic investor," which it did not identify.

Persons: Miter's, PGT, Matt DeSoto, David Carnevali, Anirban Sen, David Gregorio Our Organizations: Brands, Koch Industries, Martin Door Holdings, Koch Equity Development, Koch, Thomson Locations: U.S, Venice, Florida, New York

☆ As earnings season winds down, investors turn to Tuesday's debt ceiling meeting
▼ + stars: | 2023-05-06 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

With only a small fraction of the S & P 500 left to report quarterly earnings, investors are now turning their focus to another major hurdle for the markets and economy: the debt ceiling crisis. Earlier this week, we looked back to debt limit crisis of 2011 for potential lessons. The protracted fight ultimately ended in an agreement in early August of that year, but it was a choppy summertime ride for investors. Within the portfolio, Wynn Resorts will report Tuesday, after the closing bell, and Disney will report on Wednesday, after the closing bell. Estee Lauder (EL) and Emerson Electric (EMR) reported earnings before the opening bell.

☆ Nikola will offer a hands-free highway driving system for its trucks starting next year
▼ + stars: | 2023-02-22 | by ( John Rosevear | ) www.cnbc.com time to read: +1 min

Nikola will begin offering an advanced driver-assist system on its electric heavy trucks starting late next year, the company said Wednesday. Plus already provides the PlusDrive system to Italian heavy-truck maker Iveco, a longtime Nikola partner. Iveco began testing its own PlusDrive-enabled trucks earlier this month. Nikola said that several of its fleet customers, including PGT Trucking and Christenson Transportation, have agreed to test prototype PlusDrive-enabled Nikola semitrucks. The company expects to begin offering PlusDrive on its regular production battery-electric and fuel cell trucks by the end of 2024.

☆ Nikola will offer a driver-assist system for its trucks starting next year
▼ + stars: | 2023-02-22 | by ( John Rosevear | ) www.cnbc.com time to read: +2 min

Nikola will begin offering an advanced driver-assist system on its electric heavy trucks starting late next year, the company said Wednesday. But a Nikola representative told CNBC the system as it will be integrated into the company's semitrucks is designed to be an "eyes-on-road, hands-on-wheel" system. Plus already provides the PlusDrive system to Italian heavy-truck maker Iveco, a longtime Nikola partner. Nikola said that several of its fleet customers, including PGT Trucking and Christenson Transportation, have agreed to test prototype PlusDrive-enabled Nikola semitrucks. Clarification: Plus's advanced driver-assist system as integrated into Nikola's semitrucks is designed to be an "eyes-on-road, hands-on-wheel" system, according to a company representative.

☆ Cramer's lightning round: AST SpaceMobile is an exciting thing, not a stock
▼ + stars: | 2022-11-18 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

Loading chart...AST SpaceMobile Inc : "It's an exciting thing, not a stock. I think a stock is a company that makes money and then returns some of that money to you and trades inexpensively, and that one doesn't qualify." Loading chart...Plains GP Holdings LP : "Enterprise Product I think is better than them, but that's alright. Loading chart...Blue Bird Corp : "That school bus company is not to be touched, because they're doing very poorly." Loading chart...MP Materials Corp : "It's doing a great job, they've got a contract with GM .

☆ Billionaires like Elon Musk want to save civilization by having tons of genetically superior kids. Inside the movement to take 'control of human evolution.'
▼ + stars: | 2022-11-17 | by ( Julia Black | ) www.businessinsider.com time to read: +40 min

"We are the Underground Railroad of 'Gattaca' babies and people who want to do genetic stuff with their kids," Malcolm told me. Ellison, meanwhile, who has two children in their 30s, has reportedly resumed having kids — with his 31-year-old girlfriend. "The person of this subculture really sees the pathway to immortality as being through having children," Simone said. The person of this subculture really sees the pathway to immortality as being through having children. Before she met Malcolm, Simone was convinced she wanted to live her life single and child-free.

In an NBC News poll of registered voters last month, economic concerns beat out every other issue. Recent data from three swing states — Wisconsin, Arizona and Pennsylvania — sheds light on the varying economic pressures that might influence choices at the ballot box. Tony Evers faces Republican challenger Tim Michels, the job market is hot. Gas prices in the state have recently come down to an average of $3.60 a gallon, compared to $3.76 nationally, after this summer’s nationwide surge. Wisconsin’s metro areas aren’t big enough to be broken out in federal data, but food prices in the Midwest have risen by 12.7% over the last year, compared to 11.2% nationally.

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