Latest news for iFabric (OTC:IFABF) Stock

iFabric Corp is engaged in the business of women's intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women's intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties. Its geographical segments include Canada, United States, United Kingdom, and Southeast Asia & others. The company derives the majority of its revenue from the Intelligent Fabrics segment and its geographical location of Canada.

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IFABF

TSX:IFA

TSX:ROOT

iFabric Corp. (TSX: IFA)(OTC: IFABF) subsidiary Intelligent Fabric Technologies (North America) Inc.

iFabric Inks License Agreement With Canada&#39;s Roots Corp

iFabric Corp

WIIM

CVS Health shares are trading lower amid a DOJ lawsuit alleging the company violated the Controlled Substances Act and the False Claims Act in regard to opioid prescriptions.

Jefferies analyst Joseph Gallo maintains Tenable Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TENB#NASDAQ">TENB</a>) with a Hold and raises the price target from $40 to $45.

Price Target

Analyst Ratings

TENB

Jefferies Maintains Hold on Tenable Holdings, Raises Price Target to $45

RBC Capital analyst Arthur Nagorny assumes Secure Energy Services (TSX:<a class="ticker" href="https://www.benzinga.com/stock/SES#TSX">SES</a>) with a Sector Perform rating and announces Price Target of C$17.

Initiation

TSX:SES

RBC Capital Assumes Secure Energy Services at Sector Perform, Announces Price Target of C$17

NICE

NICE shares are trading lower after Jefferies downgraded the stock from Buy to Hold and cut its price target from $215 to $200.

Jefferies analyst Joseph Gallo maintains CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) with a Buy and raises the price target from $415 to $450.

CRWD

Jefferies Maintains Buy on CrowdStrike Holdings, Raises Price Target to $450

Last week, RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) reported an earnings miss for the third quarter, <a href="https://www.benzinga.com/news/earnings/24/12/42474077/rh-q3-earnings-revenue-eps-miss-estimates-shares-soar-on-strong-guidance-accelerating-demand">but raised its guidance</a>.
Despite overall furniture demand remaining soft, the company witnessed better-than-expected demand trends in the third quarter and so far in the fourth quarter, which suggests market share gains, according to Telsey Advisory Group.
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5f9ab74825a7ef0001015b59/cristina-fernandez">Analyst Cristina Fernández</a> upgraded the rating for RH from Market Perform to Outperform, while raising the price target from $485 to $500.
The RH Thesis: While the company had reported a 13% increase in total demand in the third quarter and 18% in November, December trends have accelerated further, Fernández said in the upgrade note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"RH accelerated the pace of product introductions in 2024," some of which are at more accessible prices, allowing price-sensitive consumers to return, the analyst stated. The company has additional product introductions scheduled for 2025, which could "meaningfully expand the market size and share of RH in 2026," she added.
RH&#8217;s strong demand trend is likely to continue in 2025, with more products introduced, the housing market beginning to recover, and new store openings in key European markets, Fernández further stated.
RH Price Action: Shares of RH were down 2.7% to $385.99 at the time of publication Thursday.
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Photo: Shutterstock

Analyst Color

Long Ideas

Upgrades

Movers

Trading Ideas

RH Demand Soars In December: Analyst Predicts Big Moves In 2025

General

3M And US Conec Announce Licensing Agreement For 3M Expanded Beam Optical Interconnect Technology

Goldman Sachs analyst Michael Ng maintains Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) with a Neutral and raises the price target from $9.5 to $10.75.

Goldman Sachs Maintains Neutral on Warner Bros. Discovery, Raises Price Target to $10.75

RBC Capital analyst Nik Modi reiterates General Mills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) with a Sector Perform and maintains $70 price target.

Reiteration

RBC Capital Reiterates Sector Perform on General Mills, Maintains $70 Price Target

Goldman Sachs analyst Vitor Tomita maintains TIM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TIMB#NYSE">TIMB</a>) with a Neutral and lowers the price target from $16.2 to $14.

TIMB

Goldman Sachs Maintains Neutral on TIM, Lowers Price Target to $14

Goldman Sachs analyst Diego Aragao maintains Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) with a Buy and lowers the price target from $10.6 to $9.2.

Goldman Sachs Maintains Buy on Telefonica Brasil, Lowers Price Target to $9.2

RBC Capital analyst Gregory Renza maintains Cormedix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRMD#NASDAQ">CRMD</a>) with a Outperform and raises the price target from $11 to $12.

CRMD

RBC Capital Maintains Outperform on Cormedix, Raises Price Target to $12

Goldman Sachs analyst John Mackay maintains Targa Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRGP#NYSE">TRGP</a>) with a Buy and raises the price target from $185 to $223.

TRGP

Goldman Sachs Maintains Buy on Targa Resources, Raises Price Target to $223

The U.S. housing market has been on a post-pandemic roller coaster, with fluctuating home prices, interest rates and a hostile political environment creating uncertainty among homeowners and investors. For the ultrarich, however, there is no need to rely purely on the vagaries of the U.S. housing market. Global real estate is where the smart money is, spreading investments across a broad swathe of trans-Atlantic holdings, diversifying portfolios and accumulating a collection of vacation homes.&nbsp;
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<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a></li>
<li>These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"> they all believe in one platform that offers a 7-9% target yield with monthly dividends</a></li>
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<h2 class="wp-block-heading">George and Amal Clooney</h2>
<a href="https://www.benzinga.com/topic/george-clooney">George and Amal Clooney</a> – whose net worth is estimated to be around $570 million – are the epitome of international celebrity couples, mixing showbiz glamour with humanitarian efforts. The couple boasts a net worth of around $570 million. Their global property portfolio is equally impressive, with homes in California, New York, Italy, England, France and Mexico. Perhaps one of their most famous residences is Villa Oleandra on Italy&#8217;s iconic Lake Como, where Clooney has been honored with mayoral status. In France, they own a country house that sits on 425 acres and cost them $8.3 million in 2021.
The Clooneys' Mexican residence in Los Cabos made headlines when it was completed. That&#8217;s because it was done with friends Rande Gerber and Cindy Crawford circa 2009.
&#8220;There&#8217;s nothing more depressing than being in a big old house by yourself,&#8221; George told Architectural Digest when their homes were featured in the publication. &#8220;You want to fill it with friends and family because that&#8217;s what makes a home.&#8221;
See Also: Unlock the hidden potential of commercial real estate —<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!</a>
Their $13 million home in England is located on a small island on the River Thames called Sonning Eye, while the $14.75 million they spent on a Midtown New York condo is in the thick of the action, close to the United Nations, where Amal sometimes handles Human Rights cases.&nbsp;
<h2 class="wp-block-heading">Lenny Kravitz</h2>
Owning multiple stylish homes worldwide plays into hip-rocker Lenny Kravitz&#8217;s brand perfectly. Kravitz owns an interior design company, Kravitz Design and his luxury homes in Paris, a farm outside Rio, Brazil and on the Bahamian Island of Eleuthera – where he has a home, recording studio and farm – are not only a chance for him to test his design skills but also live a healthy, creative life away from distractions. They are also a lucrative rental side hustle.
Although Kravitz was brought up in New York and Los Angeles and has owned residences in Miami and New Orleans, he no longer calls the U.S. home. Instead, he spends much of his time not on the road in the Bahamas and rents out his lavish other homes. His sprawling property outside Rio – reportedly purchased for $3 million – was recently listed for a day rate of $3,655, which seems reasonable for the scale of the property and the number of guests it can house. In 2015, renting Kravitz&#8217;s Paris town house for $175,000/month was possible – no update on the latest rental price. Not that the style icon is short of cash. It&#8217;s estimated that Kravitz is worth at least $90 million.
Trending: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,<a href="https://www.benzinga.com/money/etoro-doge"> here&#8217;s how much you&#8217;d have today</a>.
<h2 class="wp-block-heading">Madonna</h2>
Veteran pop star <a href="https://www.benzinga.com/topic/madonna">Madonna </a>owns multimillion-dollar homes in London, New York, Lisbon, Portugal and a $19.3 million luxury Hidden Hills mansion from The Weeknd in 2021.
<h2 class="wp-block-heading">Gordon Ramsay</h2>
It&#8217;s hardly surprising that globe-trotting, foulmouthed British chef Gordon Ramsay owns homes on both sides of the Atlantic: London (in the somewhat unglamorous neighborhood of Wandsworth), Cornwall and Bel Air, Los Angeles. With multiple TV shows in the U.K. and U.S. and a string of top restaurants to oversee, Ramsay, a father of five, is a cook on the go. The Masterchef&#8217;s net worth was estimated at around $220 million in 2023.
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<li>This Jeff Bezos-backed startup will allow you to <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars">become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.</a></li>
<li>Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!</a></li>
</ul>

Real Estate

Why U.S. Celebs Like George & Amal Clooney's Global Real Estate Portfolio Is A Smart Hedge Against A Fluctuating U.S. Market

Macro Economic Events

Econ #s

Economics

KC Fed Manufacturing Index (Dec) -5, Prior -4

McDonald's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) has outperformed the market over the past 20 years by 3.36% on an annualized basis producing an average annual return of 11.59%. Currently, McDonald's has a market capitalization of $209.53 billion. 
Buying $100 In MCD: If an investor had bought $100 of MCD stock 20 years ago, it would be worth $904.32 today based on a price of $290.74 for MCD at the time of writing.
<h3>McDonald's's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734624012_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning McDonald's Stock In The Last 20 Years

Goldman Sachs analyst Neil Mehta maintains Par Pacific Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PARR#NYSE">PARR</a>) with a Neutral and lowers the price target from $26 to $23.

PARR

Goldman Sachs Maintains Neutral on Par Pacific Hldgs, Lowers Price Target to $23

KC Fed Composite Index (Dec) -4, Prior -2

Jefferies analyst Joseph Gallo maintains Okta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKTA#NASDAQ">OKTA</a>) with a Hold and lowers the price target from $100 to $90.

OKTA

Jefferies Maintains Hold on Okta, Lowers Price Target to $90

AQST

Aquestive Therapeutics shares are trading higher after the company announed the FDA has granted seven years of orphan drug exclusivity to Libervant Buccal Film for the acute treatment of intermittent, stereotypic episodes of frequent seizure activity that are distinct from a patient's usual seizure pattern in patients with epilepsy between two to five years of age.

Ifabric reports FY results

iFabric announces EPA registration of two new antimicrobial technologies

iFabric Corp. GAAP EPS of C$0.02, revenue of C$6.75M

Ifabric reports Q2 results

iFabric Corp. reports Q3 results

Press Releases

iFabric Corp. Provides Revenue Forecast for Fiscal 2024, Driven by Additional Customer Programs and New Performance-Apparel Categories

Earnings

iFabric Corp Reports Increased Revenues for Its Financial Period Ended December 31, 2023

iFabric Corp. Announces US EPA Registration of TWO New Cutting-Edge Antimicrobial Technologies

Legal

iFabric Corp. Receives FDA Medical Device Registration for Apparel Products Utilizing Multiple Textile Technologies

iFabric Corp Announces Record Revenues and Earnings for Q1 2024

iFabric Announces 2024 Annual General and Special Meeting Voting Results

iFabric Corp Reports Record Revenues and Strong Performance for Q2 2024

iFabric Corp Reports Q3 2024 Results

iFabric

iFabric Corp.&nbsp;(TSX:<a class="ticker" href="https://www.benzinga.com/stock/IFA#TSX">IFA</a>)(OTC:<a class="ticker" href="https://www.benzinga.com/stock/IFABF#OTC">IFABF</a>) subsidiary Intelligent Fabric Technologies (North America) Inc. (IFTNA)&nbsp;<a class="editor-rtfLink" href="https://www.accesswire.com/703355/iFabric-Announces-License-Agreement-With-Roots-Corporation" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">executed a license agreement&nbsp;</a>with&nbsp;Roots Corporation&nbsp;(TSX:<a class="ticker" href="https://www.benzinga.com/stock/ROOT#TSX">ROOT</a>). The financial terms were not disclosed.

The agreement grants IFTNA the right to use the Roots trademarks to manufacture and sell men&#39;s, women&#39;s, and children&#39;s swimwear to Roots-approved merchants and distribution channels, including Roots stores.

All products distributed under the terms of the license will be designed and manufactured by IFTNA and showcase several of IFTNA&#39;s textile technologies.

Price Action: IFA shares are trading higher by 14.20% at C$2.01 on TSX, and IFABF is higher by 0.84% at $1.62 on the last check Tuesday.

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iFabric Inks License Agreement With Canada's Roots Corp

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Tuesday, May 31, 2022

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