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The push towards electrification and modernisation of electrical grids has been amongst the forefront of government initiatives post Covid-19. By manufacturing key components that go into electric vehicles (EVs), battery management systems (BMS), smart meters and switchgears, amidst others, Shivalik Bimetal Controls (SBCL) has been quietly making its presence felt with a 130 per cent return for its investors, in the last three years. Broadly operating under three revenue verticals – thermostatic bimetals, shunt resistors and electrical contacts – all critical components and consumables in above-mentioned sunrise sectors, SBCL’s revenue/ EBITDA/ PAT has grown at a strong CAGR of 21 per cent/ 24 per cent/ 28 per cent in the last five years. The company also has a net cash position as of H1 FY25. One of the very few vendors with the niche capability of manufacturing specialised shunts using electron beam welding (EBW) process, the company has no peers in India with similar comparable manufacturing prowess. The temporary slowdown from the US markets is expected to pick up pace from Q4 of FY25, based on positive enquiries from its largest customer. Nevertheless, the growth in other geographies has outshone the degrowth in the US in H1 FY25, indicating resilience in demand for its products. Trading at a TTM PE of around 41 times, the share price of the company has largely stayed flat in the last 12 months. And with the stock having corrected around 25 per cent from its peak in July 2023, investors could consider accumulating the stock on dips considering the above factors. SBCL, incorporated in 1984, set up the first plant in Asia to manufacture thermostatic bimetals in 1986. The company launched cathode ray tubes (CRT) in the 1990s, which found applications in CRT TVs. With the same being superseded by flat LCD, LED type TVs, this product became gradually obsolete since FY11 resulting in stagnation in revenue upto FY14. But with the launch of shunt resistors and renewed focus on thermostatic bimetals, SBCL revived its business, building capabilities in advanced and complex manufacturing technologies like EBW and diffusion bonding. Currently, shunts and bimetals contribute to around 45 per cent each to the topline, while electrical contacts bring in the rest. Thermostatic bimetals, used as part of overload protection devices, find application in switchgears, electrical appliances, medical devices and EVs. It helps the end-use machineries turn on or off when it gets too hot or too cold. The company manufactures around 75-plus grades in this space. Shunt resistors help measure and sense the flow of electricity in a circuit. These find critical applications in automobiles, smart meters, power modules and BMS. Currently, SBCL operates the world’s largest capacity and production of electronic beam welding, by which the company manufactures shunts. Shunts are relatively higher margin products and enjoy a 3-5 per cent delta over bimetals, EBITDA-wise. Electrical contacts are connecting points joined to copper wires, which are the contact points when we turn on and off switches, used across electrical appliances, smart meters, switchgears and wires, and accessories. This is lower on the margin profile when compared with the other two products. H1 FY25 saw revenue decline of 0.9 per cent year on year to ₹252.6 crore, despite a nominal volume growth of around 3 per cent. A similar trend was observed in FY24 as compared with FY23, where despite around 9 per cent volume growth, revenue growth came in at a lower 8 per cent. This trend is on the back of commodity prices – primarily, copper and nickel which account for around 50 per cent of total costs – softening from January 2023. Price of copper and nickel have corrected around 5 per cent and 48 per cent since January 2023. While copper prices have been volatile during this period, nickel has been largely on a downward slope. EBITDA margins too dropped year on year owing to fall in export volumes from around 60 per cent in H1 FY24 (and entire FY24) to 55 per cent in H1 FY25, an unfavourable product mix with volumes of shunt dropping as a percentage of the overall volumes, and electrical contacts coincidentally growing in volume. Recovery on this front is expected from rebound in shunts business and export volumes. Bimetals sales to Europe and the Rest of Asia de-grew 24 per cent and 31 per cent year on year in H1 FY25, while India and the US showed a bit of resilience but still dropped 3 per cent and 5 per cent year on year respectively, resulting in a net 11 per cent decline. India continues to be the biggest market for this segment. Shunt segment, however, saw Europe, India and the Rest of Asia grow around 40 per cent each year on year, while US de-grew 33 per cent, still reeling from inventory destocking. Despite the US traditionally being the largest market in this segment, growth in other markets helped the shunts business grow 3 per cent year on year in H1 of FY25. Smart meter as an end-use segment contributed to around 30 per cent of the shunt sales in H1 FY25, and automotive sector added another 60 per cent. In case of bimetals, switchgear segment contributed to around 80 per cent of the sales, while spiral coils, snap-action disks brought in the rest. The company incurred a capex of ₹75 crore over FY21-23. And with another ₹20-30 crore that will be spent over FY24-26 for brownfield expansion, the peak revenue potential, according to the management, is ₹1,600 crore, which is more than three times its FY24 revenue. Thus, no investments are required over the short-to-medium term in the ordinary course of business. SBCL also boasts of machine building capability of critical processes at a cost which is a fraction of global alternatives. Considering the critical applications of its products, customers often have detailed and lengthy approval cycles (around three-five years). And as SBCL also works closely with its customers, and its offerings are significantly customised (around 75 per cent of its total offering), the switching costs for a customer is high and at most times, tedious. Vishay Intertechnology (tier-3 player in the automotive sector), a leading American semiconductor and electronic components manufacturer is SBCL’s largest customer. About 40 per cent of its shunt business and 30 per cent of its bimetal business came from the top 5 customers in each segment in FY23 (latest data available). The ratio of costs of shunt resistors to cost of end-use machineries into which they are consumed such as EVs and smart meters is immaterial (around 1 per cent) and hence, customers prefer to outsource it than backward integrate. And the critical applications of these components also result in emphasis on quality than tiny cost differentials, which also bodes well for SBCL over the long term. Demand from the automotive segment, though currently impacted by slowdown in the US markets, is expected to be strong considering EVs touted to need around 8-16 times more shunt resistors than ICE vehicles. And shunt resistors find various use-cases in BMS and EMS too, signalling bright prospects. Smart meter segment continues to grow rapidly for the company, with both shunt resistors and electrical contacts in demand with the government of India’s Smart Meter National Programme aiming to replace 250 million conventional meters by 2027. The switchgear segment, on the other hand, is expected to remain robust with sustained efforts to modernise grids and again electrification. SBCL, thus offering a proxy play to three sunrise sectors, seems to be well placed to ride the tailwinds. On September 27, the Sandhu family – co-promoters – exited the company. This exit has resulted in the remaining promoter (and also, the managing promoters) – the Ghumman family – raising its stake from 25.5 per cent to 33.15 per cent and the entry of institutional investors in a big way (from around 2 per cent prior, to 20 per cent now). The exiting promoter had been selling minor stakes since June 2023 and this complete exit clears the cloud around such promoter stake-selling. The company had entered a MoU with Metalor Technologies, a leading Swiss electrical contacts manufacturer, in FY24, to explore the development of high-performance electrical contacts. But the arrangement has not worked out, and SBCL is considering alternates or to drop out from the same, quoting that significant investments might be required to work the arrangement, which seemed unattractive. CommentsIowa turns to former walk-on QB to start against Maryland
Jones scores 20 in Cent. Conn. St.’s 69-56 win against Holy CrossBEIRUT (AP) — Insurgents' stunning march across Syria gained speed on Saturday with news that they had reached the suburbs of the capital and with the government forced to deny rumors that President Bashar Assad had fled the country. The rebels' moves around Damascus, reported by an opposition war monitor and a rebel commander, came after the Syrian army withdrew from much of southern part of the country, leaving more areas, including several provincial capitals, under the control of opposition fighters. The advances in the past week were among the largest in recent years by opposition factions, led by a group that has its origins in al-Qaida and is considered a terrorist organization by the U.S. and the United Nations. As they have advanced, the insurgents, led by the Hayat Tahrir al-Sham group, or HTS, have met little resistance from the Syrian army. For the first time in the country's long-running civil war, the government now has control of only four of 14 provincial capitals: Damascus, Homs, Latakia and Tartus. The U.N.’s special envoy for Syria, Geir Pedersen, on Saturday called for urgent talks in Geneva to ensure an “orderly political transition.” Speaking to reporters at the annual Doha Forum in Qatar, he said the situation in Syria was changing by the minute. Russian Foreign Minister Sergey Lavrov, whose country is Assad's chief international backer, said he feels “sorry for the Syrian people.” In Damascus, people rushed to stock up on supplies. Thousands went to the Syria border with Lebanon, trying to leave the country. Many shops in the capital were shuttered, a resident told The Associated Press, and those that remained open ran out of staples such as sugar. Some were selling items at three times the normal price. “The situation is very strange. We are not used to that,” the resident said, insisting on anonymity, fearing retributions. “People are worried whether there will be a battle (in Damascus) or not.” It was the first time that opposition forces reached the outskirts of Damascus since 2018, when Syrian troops recaptured the area following a yearslong siege. The U.N. said it was moving noncritical staff outside the country as a precaution. Amid the developments, Syria’s state media denied social media rumors that Assad left the country, saying he is performing his duties in Damascus. Russia, is busy with its war in Ukraine . Lebanon’s powerful Hezbollah, which at one point sent thousands of fighters to shore up Assad's forces, has been weakened by a yearlong conflict with Israel. Iran, meanwhile, has seen its proxies across the region degraded by regular Israeli airstrikes. U.S. President-elect Donald Trump posted on social media that that the United States should avoid engaging militarily in Syria. Pedersen said a date for talks in Geneva on the implementation of U.N. Resolution 2254 would be announced later. The resolution, adopted in 2015, called for a Syrian-led political process, starting with the establishment of a transitional governing body, followed by the drafting of a new constitution and ending with U.N.-supervised elections. Later in the day, foreign ministers and senior diplomats from eight key countries, including Saudi Arabia, Russia, Egypt, Turkey and Iran, along with Pederson, gathered on the sidelines of the Doha Summit to discuss the situation in Syria. No details were immediately available. Rami Abdurrahman, who heads the Britain-based Syrian Observatory for Human Rights, an opposition war monitor, said insurgents were in the Damascus suburbs of Maadamiyah, Jaramana and Daraya. Opposition fighters were also marching from eastern Syria toward the Damascus suburb of Harasta, he added. A commander with the insurgents, Hassan Abdul-Ghani, posted on the Telegram messaging app that opposition forces had begun the “final stage” of their offensive by encircling Damascus. Syria’s military, meanwhile, sent large numbers of reinforcements to defend the key central city of Homs, Syria’s third largest, as insurgents approached its outskirts. The shock offensive began Nov. 27, during which gunmen captured the northern city of Aleppo, Syria’s largest, and the central city of Hama , the country’s fourth largest city. Opposition activists said Saturday that insurgents had entered the historic central town of Palmyra, home to invaluable archaeological sites, a day earlier. Palmyra had been in government hands since it was taken from the Islamic State group in 2017. To the south, Syrian troops left much of the province of Quneitra including the main Baath City, activists said. HTS leader Abu Mohammed al-Golani told CNN in an interview Thursday from Syria that the aim is to overthrow Assad’s government. HTS controls much of northwest Syria and in 2017 set up a “salvation government” to run day-to-day affairs in the region. In recent years, al-Golani has sought to remake the group’s image, cutting ties with al-Qaida, ditching hard-line officials and vowing to embrace pluralism and religious tolerance. Syrian Observatory said government troops have withdrawn from much of the two southern provinces and are sending reinforcements to Homs, where a battle loomed. If the insurgents capture Homs, they would cut the link between Damascus, Assad’s seat of power, and the coastal region where the president enjoys wide support. The Syrian army said in a statement that it carried out redeployment and repositioning in Sweida and Daraa after its checkpoints came under attack by “terrorists." The army said it was setting up a “strong and coherent defensive and security belt in the area,” apparently to defend Damascus from the south. The Syrian government has referred to opposition gunmen as terrorists since conflict broke out in March 2011. The foreign ministers of Iran, Russia and Turkey, meeting in Qatar, called for an end to the hostilities. Turkey is a main backer of the rebels. Qatar's top diplomat, Sheikh Mohammed bin Abdulrahman Al Thani, criticized Assad for failing to take advantage of the lull in fighting in recent years to address the country’s underlying problems. “Assad didn’t seize this opportunity to start engaging and restoring his relationship with his people,” he said. Sheikh Mohammed said he was surprised by how quickly the rebels have advanced and said there is a real threat to Syria’s “territorial integrity.” He said the war could “damage and destroy what is left if there is no sense of urgency” to start a political process. Karam reported from London. Associated Press writers Albert Aji in Damascus, Syria and Qassim Abdul-Zahra in Baghdad contributed to this report.
Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Neogen Co. ( NASDAQ:NEOG – Free Report ) by 17.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 38,166 shares of the company’s stock after purchasing an additional 5,804 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Neogen were worth $642,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently bought and sold shares of NEOG. Inspire Investing LLC raised its stake in shares of Neogen by 2.7% in the second quarter. Inspire Investing LLC now owns 26,074 shares of the company’s stock worth $408,000 after buying an additional 685 shares during the period. Stephens Inc. AR raised its stake in Neogen by 2.6% during the 3rd quarter. Stephens Inc. AR now owns 35,930 shares of the company’s stock worth $604,000 after acquiring an additional 909 shares during the period. Arizona State Retirement System lifted its holdings in Neogen by 1.9% during the second quarter. Arizona State Retirement System now owns 57,609 shares of the company’s stock valued at $900,000 after purchasing an additional 1,079 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Neogen by 142.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,982 shares of the company’s stock worth $33,000 after purchasing an additional 1,165 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in shares of Neogen by 3.4% in the second quarter. Commonwealth Equity Services LLC now owns 36,630 shares of the company’s stock worth $573,000 after purchasing an additional 1,190 shares in the last quarter. 96.73% of the stock is currently owned by hedge funds and other institutional investors. Neogen Stock Up 3.6 % Shares of NEOG opened at $12.82 on Friday. The business’s 50 day moving average is $14.59 and its 200 day moving average is $15.58. The company has a current ratio of 4.41, a quick ratio of 2.79 and a debt-to-equity ratio of 0.28. Neogen Co. has a 12-month low of $11.46 and a 12-month high of $20.89. The company has a market capitalization of $2.78 billion, a PE ratio of -116.55 and a beta of 1.21. Insiders Place Their Bets In other news, CEO John Edward Adent bought 14,500 shares of Neogen stock in a transaction dated Friday, October 11th. The shares were purchased at an average cost of $13.80 per share, with a total value of $200,100.00. Following the completion of the acquisition, the chief executive officer now owns 216,477 shares of the company’s stock, valued at $2,987,382.60. This trade represents a 7.18 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Corporate insiders own 1.13% of the company’s stock. Wall Street Analyst Weigh In Separately, StockNews.com raised shares of Neogen to a “sell” rating in a report on Monday, September 30th. Read Our Latest Report on Neogen Neogen Profile ( Free Report ) Neogen Corporation, together with its subsidiaries, engages in the development, manufacture, and marketing of various products and services dedicated to food and animal safety worldwide. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment offers diagnostic test kits and related products to detect dangerous and unintended substances in food and animal feed, including foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns; and AccuPoint Advanced rapid sanitation test to detect the presence of adenosine triphosphate, a chemical found in living cells, as well as provides genomics-based diagnostic technology and software systems that help testers to objectively analyze and store their results and perform analysis on the results from multiple locations over extended periods. See Also Want to see what other hedge funds are holding NEOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Neogen Co. ( NASDAQ:NEOG – Free Report ). Receive News & Ratings for Neogen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neogen and related companies with MarketBeat.com's FREE daily email newsletter .ASX PDN: The Game-Changer in Virtual Reality? Discover the Future
Unlock the Future! NVIDIA’s Real-Time Stock Secrets RevealedCommitted to carrying forward reform mission despite loss: PK
TikTok edged closer to being banned in the United States after it lost an appeal on Friday against a law requiring the video-sharing app to divest from its Chinese parent company by January 19. The potential ban could strain US-China relations just as president-elect Donald Trump prepares to take office on January 20. TikTok said it would now appeal to the Supreme Court, which could choose to take up the case or let the circuit court's decision stand. "The Supreme Court has an established historical record of protecting Americans' right to free speech, and we expect they will do just that on this important constitutional issue," the company said. TikTok will also be looking to Trump, who has emerged as an unlikely ally, arguing that a ban would mainly benefit Facebook parent company Meta's platforms, owned by Mark Zuckerberg. Trump's stance reflects broader conservative criticism of Meta for allegedly suppressing right-wing content, including the former president himself being banned from Facebook after the January 6, 2021, Capitol riot by his supporters. The US government alleges TikTok allows Beijing to collect data and spy on users. It also says TikTok is a conduit to spread propaganda, though China and app owner ByteDance strongly deny these claims. The law, signed by President Joe Biden in April, would block TikTok from US app stores and web hosting services unless ByteDance sells the platform by January 19. While recognizing that "170 million Americans use TikTok to create and view all sorts of free expression," the three-judge panel unanimously upheld the law's premise that divesting it from China's control "is essential to protect our national security." They found that the law did not hinder free speech as it was "devoid of an institutional aim to suppress particular messages or ideas." The judges also disagreed with the idea that less drastic alternatives than a sale by ByteDance would solve the security issues. US Attorney General Merrick Garland welcomed the decision saying "the Justice Department is committed to defending Americans' sensitive data from authoritarian regimes that seek to exploit companies under their control." Trump's support for TikTok marks a reversal from his first term, when the Republican leader tried to ban the app over similar security concerns. That effort got bogged down in the courts when a federal judge questioned how the move would affect free speech and blocked the initiative. Among those who helped Trump to the White House in this year's election was Jeff Yass, a major Republican donor with ByteDance investments. "Donald Trump could be a lifeline for TikTok once he takes office, but halting the enforcement of the ban is easier said than done," said Emarketer lead Analyst Jasmine Enberg. "And even if he does manage to save TikTok, he's already flip-flopped on his stance toward the app and there's no guarantee he won't go after it later." The president-elect launched his own TikTok account in June, gaining 14.6 million followers, but has not posted since Election Day. Despite the uncertainty, TikTok's presence in the United States continues growing. The platform reported $100 million in Black Friday sales for its new shopping venture, and Emarketer projects US ad revenue will reach $15.5 billion next year, accounting for 4.5 percent of total digital ad spending in the country. But Enberg warned a ban would significantly disrupt the social media landscape, benefiting Meta, YouTube, and Snap while harming content creators and small businesses dependent on TikTok. Gautam Hans, professor at Cornell Law School, said the judges treated the government's national security argument "with great deference... while undervaluing the radical effects this unfortunate decision will have for individual speakers and First Amendment doctrine." But given the unanimous ruling and the short timeline before the law's date of taking effect, it was "unlikely that the Supreme Court will take the case, which will almost certainly lead to TikTok's demise in just a handful of weeks," he added. In contrast, Carl Tobias, of the University of Richmond, said that given the "critical implications" of the issues in question -- national security and free speech -- the apex court would likely take the case. arp/ahaTrump is welcomed by Macron to Paris with presidential pomp and joined by Zelenskyy for their talks PARIS (AP) — French President Emmanuel Macron has welcomed Donald Trump to Paris with a full a dose of presidential pomp. And they held an impromptu meeting with Ukraine’s Volodymr Zelenskyy on a day that's mixing pageantry with attention to pressing global problems. The president-elect's visit to France is part of a global a celebration of the reopening of Notre Dame Cathedral five years after a devastating fire. Macron and other European leaders are trying to win Trump’s favor and persuade him to maintain support for Ukraine in its defense against Russia’s invasion. Syrian insurgents reach the capital's suburbs. Worried residents flee and stock up on supplies BEIRUT (AP) — Insurgents’ stunning march across Syria is gaining speed with news that they have reached the suburbs of the capital of Damascus. The government on Saturday was forced to deny rumors that President Bashar Assad had fled the country. The rebels’ moves around Damascus were reported by an opposition war monitor and a rebel commander. They came after the Syrian army withdrew from much of southern part of the country, leaving more areas, including two provincial capitals, under the control of opposition fighters. The advances in the past week were among the largest in recent years by opposition factions. The factions are by a group that has its origins in al-Qaida and is considered a terrorist organization by the U.S. and the United Nations. Trump isn't back in office but he's already pushing his agenda and negotiating with world leaders NEW YORK (AP) — Donald Trump is making threats, traveling abroad, and negotiating with world leaders. He has more than a month-and-a-half to go before he’s sworn in for a second term. But the president-elect is already moving aggressively to not only fill his Cabinet and outline policy goals, but also to try to achieve his priorities. In recent days, Trump has threatened to impose a 25% tariff on goods from Canada and Mexico, two of the country’s largest trading partners. That led to emergency calls and a visit. And he's warned of “ALL HELL TO PAY” if Hamas doesn't release the hostages still being held captive in Gaza. South Korea's president avoids an impeachment attempt over short-lived martial law SEOUL, South Korea (AP) — South Korea’s embattled President Yoon Suk Yeol has avoided an opposition-led attempt to impeach him over his short-lived imposition of martial law. Most of Yoon's ruling party lawmakers boycotted a parliamentary vote Saturday to deny a two-thirds majority needed to suspend his presidential powers. The scrapping of the motion is expected to intensify protests calling for Yoon’s ouster and deepen political chaos in South Korea. A survey suggests a majority of South Koreans support the president’s impeachment. Yoon’s martial law declaration drew criticism from his own ruling conservative People Power Party. But the party also apparently fears losing the presidency to liberals. Days after gunman killed UnitedHealthcare's CEO, police push to ID him and FBI offers reward NEW YORK (AP) — Nearly four days after the shooting of UnitedHealthcare CEO Brian Thompson, police still do not know the gunman’s name or whereabouts or have a motive for the killing. But they have made some progress in their investigation into Wednesday's killing of the leader of the largest U.S. health insurer, including that the gunman likely left New York City on a bus soon after fleeing the scene. The also found that the gunman left something behind: a backpack that was discovered in Central Park. Police are working with the FBI, which on Friday night announced a $50,000 reward for information leading to an arrest and conviction. UnitedHealthcare CEO's shooting opens a door for many to vent frustrations over insurance The fatal shooting of UnitedHealthcare's CEO has opened the door for many people to vent their frustrations and anger over the insurance industry. The feelings of exasperation, anger, resentment, and helplessness toward insurers aren’t new. But the shooting and the headlines around it have unleashed a new wave of patients sharing such sentiments and personal stories of interactions with insurance companies. Conversations at dinner tables, office water coolers, social gatherings and on social media have pivoted to the topic. Many say they hope the new amplified voices can bring about change for companies often accused of valuing profits over people. The DNC chair candidates discuss Joe Biden, Kamala Harris and winning Latino voters SCOTTSDALE, Ariz. (AP) — Four Democrats are running for Democratic National Committee chair, looking to take on the task of reinvigorating a party demoralized by a second loss to President-elect Donald Trump. Others may still get into the race as Democrats reckon with what went wrong in the 2024 election, which saw Trump gain with nearly every demographic group in a decisive repudiation of the incumbent party. The 448 DNC members will elect a successor for outgoing Chair Jaime Harrison on Feb. 1. The party’s Rules and Bylaws Committee is scheduled to meet next week to approve rules for the contest. 100-year-old Pearl Harbor survivor recalls confusion and chaos during Japanese bombing 83 years ago PEARL HARBOR, Hawaii (AP) — The bombing of Pearl Harbor 83 years ago launched the United States into World War II. Two survivors are planning to return to the Hawaii military base on Saturday for a remembrance ceremony on the attack's anniversary. They are each over 100 years old. They will join active-duty troops, veterans and members of the public for a remembrance ceremony hosted by the Navy and the National Park Service. A third survivor was planning to join them but had to cancel due to health issues. The bombing killed more than 2,300 U.S. servicemen. An explosion destroys an apartment block in a Dutch city, killing at least 3 and injuring others THE HAGUE, Netherlands (AP) — An explosion and fire has rocked a neighborhood in the Dutch city of The Hague, killing three people and injuring other people and destroying several apartments. The cause of the disaster is unclear. Emergency authorities said four people were rescued from the rubble and taken to the hospital. The mayor said rescuers were no longer looking for survivors but for eventual bodies, but could not specify how many people might still be unaccounted for. Residents of the northeastern neighborhood of Mariahoeve in The Hague heard a huge bang and screams before dawn. Dutch authorities have deployed a specialized urban search and rescue team to find victims. Do weighted blankets help you sleep better? Here's what to know NEW YORK (AP) — Weighted blankets are a popular choice to warm up in cold weather, but research on their effectiveness is limited. Such blankets come with extra heft in the form of glass beads, pellets or cotton. They're also more expensive than regular blankets. Scientists think the added pressure could calm the brain’s fight-or-flight response or signal the brain to produce what’s called the love hormone. There isn’t a ton of research on whether weighted blankets actually work, and the studies that do exist are on small groups. Experts say there’s no harm in giving them a try if you're willing to splurge.
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