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Make your own pasta at home
Making pasta by hand looks impressive, but the truth is, homemade pasta is surprisingly simple to create. You can get started with just three ingredients you likely already have in your kitchen. Even if the only tools you have are a rolling pin and a chef’s knife, you can feed your family and friends a satisfying and delicious meal made entirely from scratch. All you’ll need is a recipe, a couple of hours, and just a little bit of practice.
Shop this article: Fox Run Polished Marble Rolling Pin with Wooden Cradle, Spring Chef Bench Scraper and OXO Good Grips 3-in-1 Egg Separator
Is homemade pasta better?
You won’t just get a sense of accomplishment from making your own pasta — it tastes better, too. Fresh pasta has a more tender texture and a more pronounced eggy flavor than commercial-dried pasta. The pasta’s springiness holds up equally well, whether it goes into lasagna or straight onto the plate with some butter. You can even try making pasta dough with unusual ingredients like spinach or saffron for an extra-special meal.
How to get started making pasta
Hamilton Beach Stack & Snap Food Processor
Making the pasta dough
There are as many fresh pasta recipes as there are people who make pasta, but to get started, it’s best to stick with a simple pasta dough that uses just a few ingredients: unbleached all-purpose flour, eggs, and a bit of salt.
If you want, you can use semolina durum flour, which is a more authentic pasta flour with a higher protein content and a coarser texture that helps sauces stick. However, if all-purpose flour is all you have in your pantry, it’ll turn into wonderful pasta.
Place 10 ounces of flour on a clean work surface and make a well. Add two eggs plus four egg yolks to the well and gently start incorporating the flour using a fork, gradually scraping in flour from the sides of the well. Switch to a bench scraper when it becomes too difficult to use a fork and mix until it’s fully combined by scraping and folding over the dough, turning it 45 degrees each time.
Kneading and rolling the pasta dough
You’ll know the dough is ready for kneading when it stops sticking to your hands and holds its shape when rolled into a ball. Knead the dough for about 10 minutes until it’s smooth and satiny, then shape it into a ball. Let it rest, wrapped in plastic wrap, for 30 to 60 minutes to let gluten develop.
Use the bench scraper to cut the ball into four equal portions and cover them with a towel to keep them from drying out. Working with one portion at a time, roll out the dough into an oblong shape between a quarter-inch and half-inch thick.
Making pasta by hand vs. using a stand mixer
If your arms aren’t up to the task of all that kneading, you can use a powerful food processor or a stand mixer. Simply place all the ingredients in the work bowl and run the machine (using a dough hook if you’re using a stand mixer) until a large, smooth ball forms.
How to shape homemade pasta
CucinaPro Pasta Maker Deluxe Set
Making pasta shapes with a pasta machine
Roll out your dough by hand or use a pasta maker. Some pasta machines can create extruded shapes like penne, while others deliver smooth sheets and strands of lasagna or fettuccine. Following the manufacturer’s instructions for the type of pasta you want to make, feed your rolled-out dough between the rollers until it reaches the right thickness.
At this point, you can trim it by hand to make filled pasta or lasagna or run it through the pasta machine to cut it into strands. As the cut pasta strands emerge from the machine, carefully catch them, dust them with flour, shape them into nests, and keep them covered until you’re ready to cook or dry them.
A stand mixer offers another advantage here: after you’ve whipped up a batch of pasta dough in the bowl, use the mixer’s pasta-making attachment to roll out, cut, or shape pasta.
How to make filled pasta
For filled pasta, make sure your filling is relatively dry so you can seal up your pasta and avoid leaking or soggy dough. Avoid the temptation to overload your pasta — follow your recipe’s guidance for the amount of filling to use in each pasta shape.
Depending on the type of stuffed pasta you’re making, you can use a pasta stamp, a pastry wheel, biscuit cutters, or even a chef’s knife to create rounds or squares. Seal the pasta by brushing the edges with a little water, then using gentle pressure to close the shapes. Make sure the filling is fully enclosed and that no air is trapped inside.
How to cook homemade pasta
Weston Bamboo Pasta Drying Rack
Cooking fresh pasta
Homemade pasta cooks very quickly — depending on the shape, it will need only two to four minutes in boiling water, and slightly longer for stuffed pasta. Salt your cooking water generously to amplify your pasta’s flavor, especially if your dough recipe doesn’t call for salt. Serve it immediately.
How to dry fresh pasta
Alternatively, you can dry your uncooked pasta to serve at a future date. Leaving egg-based food out in the open can feel counterintuitive, but when properly dried and stored, there should be no moisture remaining to encourage bacteria.
Toss the pasta shapes in flour, then lay the strands in a single layer on a drying rack or on a baking sheet lined with parchment paper. Let the pasta dry uncovered and away from heat and sunlight, or use a food dehydrator for more consistency, especially if it’s a humid day. When the pasta snaps instead of bending, it’s ready for storage. Keep it in a dry, airtight container in your pantry or freezer.
FAQ
Q. How long does homemade pasta last?
A. Homemade pasta has a much shorter shelf life than commercially made pasta. Uncooked pasta can be kept in an airtight container in the fridge for just one day. Properly dried homemade pasta can be stored in your pantry for up to six weeks. Alternatively, before you cut your pasta shapes, you can wrap the dough in plastic wrap and freeze it for up to one month.
Q. What sauces go with homemade pasta?
A. How you serve your pasta may come down to personal preference, but the shape of the pasta is a contributing factor. Pair fettuccine or tagliatelle with a homemade alfredo sauce or pesto. Wider pasta like pappardelle is great with slow-simmered meat sauces. You can also highlight the flavor of your fresh pasta (especially ravioli) by simply tossing it in browned butter and high-quality Parmesan.
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https://www.binghamtonhomepage.com/reviews/br/kitchen-br/utensils-gadgets-br/how-to-make-homemade-pasta/
| 2023-07-31T21:26:40
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Tickets for Taylor Swift’s six shows in California this week Aug 3-5 and Aug 7-9, can be found for under $1,000.
Stubhub and Vivid Seats have last-minute tickets for all six shows, with tickets starting under $1,000. Act quickly, prices will fluctuate.
Swift’s “Eras Tour” shows in Inglewood and Mexico City will be her last before the tour resumes in November in Buenos Aires, Argentina.
Get tickets to the “Eras Tour,” and experience lively performances with songs that span her entire career, including new music, dancers and more.
Taylor Swift’s newly released “Speak Now (Taylor’s Version)” album has sold over 700,000 album units which makes her the female artist with the most No. 1 albums in history surpassing Barbara Streisand’s record and the first women to have four albums in the top ten simultaneously, beating out Prince, according to Billboard.
Here’s how you can get last minute, hard-to-find tickets to the six shows at Stubhub and Vivid Seats.
Inglewood - Thursday, Aug. 3, with Haim and Gracie Abrams, SoFi Stadium Inglewood, Calif.
1. Stubhub
2. Vivid Seats
Inglewood - Friday, Aug. 4, with Haim and Owenn, SoFi Stadium, Inglewood, Calif.
1. Stubhub
2. Vivid Seats
Inglewood - Saturday, Aug. 5 with Haim and Gayle, SoFi Stadium, Inglewood, Calif.
1. Stubhub
2. Vivid Seats
Inglewood - Monday, Aug. 7 with Haim and Gracie Abrams, SoFi Stadium Inglewood, Calif.
1. Stubhub
2. Vivid Seats
Inglewood - Tuesday, Aug. 8 with Haim and Gracie Abrams, SoFi Stadium, Inglewood, Calif.
1. Stubhub
2. Vivid Seats
Inglewood - Wed, Aug. 9 with Haim and Gayle, SoFi Stadium, Inglewood, Calif.
1. Stubhub
2. Vivid Seats
Taylor Swift’s surprise songs from both of her huge Ford Field Detroit concerts
Taylor Swift in Detroit: One of the most awe-inspiring concerts we’ve ever seen
Taylor Swift recalls performing at a Lions game Dan Campbell actually played in
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https://www.mlive.com/life/2023/07/how-to-get-tickets-for-all-six-taylor-swift-shows-in-california.html
| 2023-07-31T21:26:42
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ARMONK, N.Y., July 31, 2023 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors has elected Michael Miebach to the board, effective October 30, 2023.
Michael Miebach, 55, is the chief executive officer of Mastercard Incorporated and a member of its board of directors. An innovator and technologist, Mr. Miebach has led Mastercard, a global technology company in the payments industry, since January 2021. Previously Mastercard's chief product officer, Mr. Miebach has deep experience in digital transformation, cybersecurity and delivering data-driven insights.
Arvind Krishna, IBM chairman and chief executive officer, said: "We are delighted that Michael Miebach will join the IBM board of directors. Michael is an accomplished technologist and international business leader. His insights and experience will strongly benefit IBM and its shareholders."
Mr. Miebach is a member of the Business Roundtable, the Business Council and the International Business Council of the World Economic Forum. He is a trustee of the United States Council for International Business and also serves on the United States Treasury Advisory Committee on Racial Equity.
Mr. Miebach holds a Master of Business Administration from the University of Passau in Germany.
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SOURCE IBM
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SALT LAKE CITY — SALT LAKE CITY — Instructure Holdings Inc. (INST) on Monday reported a loss of $11 million in its second quarter.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 19 cents per share.
The education technology company posted revenue of $131.1 million in the period, which beat Street forecasts. Seven analysts surveyed by Zacks expected $129.1 million.
For the current quarter ending in September, Instructure said it expects revenue in the range of $132 million to $133 million.
The company expects full-year revenue in the range of $524 million to $528 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INST at https://www.zacks.com/ap/INST
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ALLEN PARK, Mich. -- Dre Bly achieved his greatest team success as an NFL player 23 years ago when he won his first and only Super Bowl with the St. Louis Rams. However, his best stretch of personal success as a player was with the Detroit Lions.
Now, 17 years after taking his last snap in the Honolulu Blue & Silver, the renowned former cornerback is back with the Lions, coaching under his former teammate from his last season with the Lions (2006), Dan Campbell. According to Bly, he is thrilled to be coaching in a football town and community where he has invested a lot of time.
“To be back on the other side with one of my former teammates, Dan (Campbell), and a guy Aaron Glen, having a chance to work with him, you know, is pretty cool,” Bly told MLive. “I think the other beauty of it is working with guys that are like-minded and having a chance to bring something to the city that I wasn’t able to bring as a player.”
During each of Bly’s four seasons in Detroit, two of which he earned Pro Bowl honors (2003 and 2004), the Lions failed to make the playoffs, finishing each season with a losing record and no higher than third in the NFC North. In 55 games with the Lions, Bly registered 202 tackles, 65 pass deflections, 19 interceptions and 12 forced fumbles, recovering four of them. Following the 2006 NFL season, the Lions traded Bly in March 2007 to the Denver Broncos for running back Tatum Bell, offensive tackle George Foster, and a 5th-round draft pick.
Now that he’s back in Detroit as the Lions’ secondary coach, he’s tasked with using his expertise as a player and from his time coaching at North Carolina (in the same role) to lead a unit that he says has limitless potential.
“You have some talented guys; guys who have played a lot of football, guys with pretty good playmaking ability. And hopefully, it can lead to great things for this defense this fall,” Bly said. “We’re excited to see the finished product once everything gets completed.”
One person who is happy that Bly is now leading the Lions’ secondary is currently one of the team’s longest-tenured players, Will Harris.
“It is great having him as a direct resource in the building; being able to see him every day, being able to be around him and, and take his coaching every day,” Harris told MLive. “Because obviously, you know, he did this for 11, 12 years, (and) in Detroit, so if it’s one dude to have as a mentor for playing the DB, corner position is him.”
“All the DB’s just kind of been leaning on him for technique and how he was able to be so efficient in his long career. It’s been great.”
In addition to Harris (2019), the Lions have strategically bolstered their secondary through the draft and free agency over the past several seasons. Emerging talents like Jerry Jacobs and Kerby Joseph have demonstrated their prowess, making them valuable additions to the team. During the offseason, the Lions made significant upgrades to their secondary with the signings of Cameron Sutton, Emmanuel Moseley, and C.J. Gardner-Johnson, while also acquiring Alabama’s promising prospect, Brian Branch, in this year’s draft.
Amidst the many new additions, there is one player that brings special delight to Bly as he begins his coaching journey in Detroit – Tracey Walker. Unfortunately, Walker experienced a torn Achilles during Week 3 of the previous season, which kept him off the field for the rest of the year. Now that he has fully recovered and is prepared to make a valuable contribution, Bly emphasizes the importance of having a team leader who is ready to go.
“Having a chance to be around him, I mean, everything that I heard about him is deserving,” Bly said. “(Football) means the world to him. He works tremendously hard. He studies and he leads by example. So it’s good to have a player of that magnitude with those qualities back out there.”
When asked if there’s anyone in the Lions secondary that reminds him of how he played, Bly chuckled, stating that they’ll need to “make a few more plays” before he applies such praise, but noted he sees himself in the entire unit as they all have fun playing the game like he did. However, when asked if there’s any players feels can carry his message out on the field as a quasi-coach, he identified the Lions’ newest additions in Gardner-Johnson, Moseley and Sutton.
“Deucey (Gardner-Johnson) is a guy that been a proven winner made a lot of plays and done a lot of great things at the previous places he’s been,” Bly said. “Cam Sutton and Emanuel Mosley, I mean those guys are savvy vets. And we’re excited to have those guys. I think they’ve were perfect additions to our secondary and hopefully they can be leaders and lead our guys to doing some good things this far.”
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https://www.mlive.com/lions/2023/07/detroit-lions-secondary-ready-to-roar-under-dre-blys-leadership.html
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Tips and tricks for protecting your home from the elements
If you like learning new skills and having a to-do list that never ends, there’s no better investment than purchasing a home. But becoming a homeowner isn’t just the biggest financial commitment you’ll ever make, it’s also a pledge to take care of something, for better or worse, as long as you both shall live. Or at least until you decide it’s time to move.
Along with the bills, repairs, and perpetual upkeep, one of the biggest tasks you face as a homeowner is your never-ending battle with Mother Nature. Just when you think you’ve reshingled your last roof and can rest easy when it comes to leaks, you find a small pond in the basement after the latest storm. This list will walk you through everything you need to know in order to best protect your home from the elements.
But first, it’s important to review your insurance policy so you are aware of what is and isn’t covered. Your homeowner’s insurance policy might not cover floods and damage caused by the elements. Take a few minutes, read over your policy, call your agent and make the needed changes to get the peace of mind you deserve.
Shop this article: Tempera 9′ Outdoor Market Patio Table Umbrella, Deconovo Blackout Curtains and Jegs 3-Drawer Toolbox
What are the elements?
It’s not just water — which causes mold and rot — that you have to worry about. Wind, snow, hail, cold and heat can also do substantial damage to your home. Here are just a few examples of the havoc the elements can wreak on your home.
Wind
A gentle breeze is refreshing, but a gale-force wind? Anything over 50 or 60 mph can be devastating. From hurling projectiles and prying loose shingles to stripping away siding and shearing off the entire roof, strong winds can dismantle a house in a matter of minutes.
Snow
It’s pristine, and it twinkles as if infused by magic. Snow is beautiful. But it’s also heavy. On average, a square foot of snow weighs a little over 12 pounds. If you have a house that’s 2,000 square feet and it snows 12 inches, that’s roughly an extra 24,000 pounds — 12 tons — on your roof. See how this could cause a little trouble? Especially if the snow is resting on large tree branches or that evergreen that’s already leaning toward your house.
Hail
Hail is Mother Nature’s mischievous child. They enjoy causing trouble. Got cracked shingles? Divots in the lawn? Broken windows? Dents in your car? Damaged outdoor furniture? You’ve got hail!
Cold
Cold is the silent destroyer of homes. If you’ve ever had a pipe burst, you already know this. But beyond that, cold can create ice dams in your gutters that force water beneath your shingles, thereby ruining the items under your roof. And if water gets into any tiny crack, be it in your driveway or your foundation, it will expand when it freezes, turning that tiny crack into a crevasse.
Heat
Excessive moist heat can warp hardwood floors and accelerate deterioration in other areas, such as your attic and roof. Excessive dry heat can suck the moisture out of the ground, making it shrink and taking away some much-needed support from your home’s foundation.
Best strategies for keeping your home safe
Indeed, the elements can be devastating to your home. Thankfully, there are a number of quick and easy things you can do to protect it from the elements. Following is a list of the best (and most effortless) strategies.
Strategy 1: Bring items inside
Tempera 9′ Outdoor Market Patio Table Umbrella
Lawn chairs, watering cans, bicycles, scooters, patio umbrellas, and other loose items that you keep outside need to be brought inside before a storm. After all, the wind can turn anything that’s not fastened down into a destructive projectile.
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Strategy 2: Close the curtains
If anything flies into your window during a storm, having your blinds drawn and your drapes closed can help block some of the broken glass and other debris from entering your home.
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Strategy 3: Use your garage
If you don’t want dings in your car, put your vehicle in the garage before all hail breaks loose — along with anything else that could be damaged should the sky begin to pelt ice at your property. If your garage is full of clutter, however, this might not be as simple as it is supposed to be. Take time to organize and store your tools before the storm, and you could be thanking yourself later.
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Strategy 4: Rake the roof
When snow piles up on your house, it can get beneath your shingles as it melts, damaging your roof. When it’s safe to do so, grab a roof rake and clear your roof so melting snow can flow away without much damage. Note: always leave a thin layer of snow on your roof, because too much scraping could damage your shingles.
Strategy 5: Seal your driveway
Those tiny cracks in your driveway become bigger cracks when they fill with water which then freezes. Be proactive and seal your driveway — or at the very least, fill those cracks in with gravel — before winter arrives.
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Strategy 6: Run a dehumidifier
All that humidity in the summer can really mess with the wood in your house. It can also make everything feel quite sticky. To remedy the situation (and save your hardwood floors), turn on a dehumidifier and let it work its magic.
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Strategy 7: Use a sprinkler
During those hot, rainless periods of summer when the ground dries up and pulls away from your house, weakening its foundation, don’t fret. Instead, turn on your sprinkler and put some moisture back into the soil. Don’t add too much, though, because excess water near your home’s foundation has a way of seeping into your basement or crawlspace.
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Extra tips for protecting your home from weather damage
The following tips involve a little more than a quick fix, but they are much cheaper than full-blown repairs.
Anchor down your large items
If you have a storage shed, a grill, trash cans, or any large item that doesn’t have a permanent foundation or isn’t securely fastened, anchor it down. You can use straps, anchors, or bolts. In strong winds, this will help minimize dangerous projectiles. In a flood, it will help keep your valuables from drifting away.
Remove trees that pose a threat
Rain can make the ground soggy, allowing trees to lean. Once tilted, wet snow or strong winds can be all it takes to topple even the mightiest oak. Consider having any trees within striking distance of your home taken down before the next storm.
Bring in the reinforcements
A home is only as safe as its weakest spots. If you live in an area prone to severe weather, you need to do something about those spots. Get a professional out to reinforce your garage door, and consider installing storm shutters over your windows and glass doors.
The elements can be brutal on your home. From minor inconveniences to major repairs, Mother Nature really knows how to dish out the damage. But you aren’t helpless. Your best defense is a strong offense. Stay vigilant, smart, and proactive, and your home will be able to weather any storm.
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Allen Foster writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2023 BestReviews, a Nexstar company. All rights reserved.
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NOTICE TO SHAREHOLDERS – SOURCES OF DISTRIBUTION UNDER SECTION 19(a)
BOSTON, July 31, 2023 /PRNewswire/ - John Hancock Premium Dividend Fund (NYSE: PDT) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.0825 per share paid to all shareholders of record as of July 13, 2023, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.
This notice provides shareholders of the John Hancock Premium Dividend Fund (NYSE: PDT) with important information concerning the distribution declared on June 30, 2023, and payable on July 31, 2023. No action is required on your part.
The following table sets forth the estimated sources of the current distribution, payable July 31, 2023, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. All amounts are expressed on a per common share basis and as a percentage of the distribution amount.
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution plan.
The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
The Fund has declared the July 2023 distribution pursuant to the Fund's managed distribution plan (the "Plan"). Under the Plan, the Fund makes fixed monthly distributions in the amount of $0.0825 per share, which will continue to be paid monthly until further notice.
If you have questions or need additional information, please contact your financial professional or call the John Hancock Investment Management Closed-End Fund Information Line at 1-800-843-0090, Monday through Friday between 8:00 a.m. and 7:00 p.m., Eastern Time.
Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.
About John Hancock Investment Management
A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.
About Manulife Investment Management
Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.
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SOURCE John Hancock Investment Management
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https://www.cleveland19.com/prnewswire/2023/07/31/john-hancock-premium-dividend-fund/
| 2023-07-31T21:26:49
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NEW YORK — Trader Joe’s is recalling a broccoli cheddar soup that may contain insects and cooked falafel that may contain rocks, about one week after the grocery chain recalled two cookie products over similar concerns.
The soup recall impacts Trader Joe’s Unexpected Broccoli Cheddar Soup with “Use By” dates ranging from July 18 to Sept. 15, according to a Thursday announcement from the company. On Friday, the grocer announced that Trader Joe’s Fully Cooked Falafel sold in 35 states and Washington, D.C., was also under recall.
On July 21, Trader Joe’s announced that it was recalling Trader Joe’s Almond Windmill Cookies and Trader Joe’s Dark Chocolate Chunk and Almond Cookies with “sell by” dates ranging from Oct. 17 to Oct. 21. Like the falafel, the cookies may also contain rocks, the company said.
When asked for further information about how the insects and rocks may have gotten into these products, a Trader Joe’s spokesperson said that “there was an issue in the manufacturing processes in the facilities.” Suppliers alerted Trader Joe’s of the possible foreign material for each recall, the company said.
“We pulled the product from our shelves as soon as we were made aware of the issue. Once we understood the issue we notified our customers,” the spokesperson said in a statement sent to The Associated Press Saturday.
All of the recalled cookies, soup and falafel have been removed from sale or destroyed, Trader Joe’s said in its announcements. But the Monrovia, California-based company is still urging consumers to check their kitchens for the products.
Trader Joe’s says customers who have the recalled products should throw them away or return them to any store for a full refund. Lot codes and further details about the products under recall, as well as customer service contact information, can be found on the company’s website.
Trader Joe’s did not specify how many products were impacted with each recall or identify suppliers. But one Food and Drug Administration notice cited by NBC News says that the Unexpected Broccoli Cheddar Soup recall impacts around 10,889 cases sold in seven states. Winter Gardens Quality Foods, Inc. is identified as the recalling firm, per the notice.
No formal releases about the three recalls were published on the FDA’s Recalls, Market Withdrawals, & Safety Alerts page as of Saturday. The Associated Press reached out to the FDA and Winter Gardens Quality Foods for information on Saturday.
“We have a close relationship with our vendors and they alerted us of these issues. We don’t hesitate or wait for regulatory agencies to tell us what to do,” the Trader Joe’s spokesperson said. “We will never leave to chance the safety of the products we offer.”
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TAMPA, Fla. — TAMPA, Fla. — Kforce Inc. (KFRC) on Monday reported profit of $18.6 million in its second quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KFRC at https://www.zacks.com/ap/KFRC
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RICHMOND, Va. (AP) — Chris Buescher was already in good position to qualify for NASCAR’s playoffs.
Now, even something remarkable over the last four races of the regular season won’t keep him out.
Buescher pulled away on a restart with three laps to go to win at Richmond Raceway on Sunday and snag one of the final spots in NASCAR’s playoff field.
Buescher led 88 laps and was ahead by nearly 6 seconds when a caution came out with under 10 laps to go. That erased his lead over Virginia native Denny Hamlin, who was booed by his hometown crowd before the race.
But Hamlin got a poor final restart and Buescher easily pulled away for his first Cup Series win of the season, third of his career.
“I knew that last restart was going to be tough, but I knew we had the speed in this thing,” Buescher said.
He and RFK Racing teammate Brad Keselowski led a combined 190 of the 400 laps in their Fords. Keselowski, now a part owner of the team, led 102 laps on the 0.75-mile oval.
Buescher started 26th and had to drive through the field for the win that locked him into the 16-driver playoff field. Buescher became the 13th race winner this year and there are three playoff spots up for grabs over the next month.
It was the 139th Cup win for primary team owner Jack Roush, second since Keselowski joined the ownership group.
Ford now has 723 wins in NASCAR’s top Cup Series.
“Everybody at RFK Racing who has worked so hard to get us to this point,” said Buescher.
Hamlin, winner last week at Pocono, finished second in a Toyota for Joe Gibbs Racing. Kyle Busch was third in a Chevrolet for Richard Childress Racing, followed by the Fords of Joey Logano from Team Penske and Ryan Preece of Stewart-Haas Racing.
“One win is good, but you get three or four or five and then you feel a lot better,” Keselowski said. “It sure beats not having any at all, but we want to keep going. It’s nice to have one car locked in the playoffs. We need to get both cars locked in the playoffs. We have a good points gap, but we want wins and this is where we need to be.”
Keselowski, despite being winless this season, is still mathematically in contention for the playoffs.
The race was slowed just three times by caution flags, with the final yellow sending the leaders to pit road for four tires with eight laps to go. When the green flag was shown again, Buescher used the inside line to pull away for his third career victory.
Hamlin’s bid for the victory ended on the second lap of the final sprint when he drove in too deep in the first turn and slid up the track. He finished 0.549-seconds behind Buescher.
“I got a bad restart,” Hamlin said. “I had to recover too much ground from what I lost on the front stretch. Almost got to the outside, and then in turn four, almost got to the outside again, and then in turn one, I was like ‘I’m just going to ship it in there and try to get to the outside one more time’ and I just carried way too much speed and locked up the left front tires.”
LARSON-HAMLIN
Kyle Larson, angered last week when Hamlin caused him to hit the wall while leading while Hamlin went on to win, was running a few laps down when he nudged Hamlin out of the way with 70 laps to go during Sunday’s race.
Larson, who won at Richmond in April, finished 19th.
“I think he was having a frustrating day,” Hamlin said. “It’s all good.”
SCORCHER
With temperatures in the mid-80s, it was about 15 degrees cooler than Saturday, when the temperature approached 100 and the heat index was at least 105.
Nevertheless, points leader Martin Truex Jr. still struggled.
“It was definitely really, really hot,” he said. “It felt longer than 400 laps. I’ll be honest, when we got to the end of stage two —– I thought there was no way. I thought that was the checkered flag. It just felt really, really long.”
Truex finished seventh.
CLEAN RACE
All 36 cars that started the race were still running at the end.
UP NEXT
The series moves to Michigan where Kevin Harvick, winless so far in this his final season, is the defending champion.
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AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports
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ALLEN PARK -- After holding a light jog-through on Sunday, the Detroit Lions returned to the practice fields on Monday with their most violent session of the summer. The two-hour slugfest featured several bone-crushing hits, and even a helmet getting pulled off a rookie safety’s head.
Amid the violence, no one stood out quite like C.J. Gardner-Johnson.
That shouldn’t be a surprise. The defensive back is not only really talented, but flamboyantly confrontational too. That’s a compliment, by the way. The Lions wanted to add some tenacity to their defense, and Gardner-Johnson delivered the goods on Monday, including timing a Jared Goff pass into the flat just right and crushing rookie running back Jahmyr Gibbs just as the ball arrived.
Gardner-Johnson also mixed it up with receiver Kalif Raymond after a one-on-one rep and was at the center of another scuffle between the offense and defense. He also broke up passes to Denzel Mims, Amon-Ra St. Brown and Shane Zylstra in the end zone.
“You practice how you play,” Gardner-Johnson said as he came off the field.
No doubt. A centerpiece of the Lions’ free-agent class, Gardner-Johnson is expected to set the tone for Detroit’s secondary this season. He was a terrific slot cornerback in New Orleans before becoming a terrific safety in Philadelphia last season, and while he’s expected to revert to the slot in Detroit, his versatility is one of his best attributes. He spent much of the day repping in Tracy Walker’s place at safety.
The Lions now have the ability to roll out all kinds of combinations on defense, but a back line of Gardner-Johnson (who just led the league in interceptions) and Kerby Joseph (who just came off the bench last season to lead Detroit in interceptions) has a different level of ballhawking.
It has a different volume, too.
“I’m contagious,” Gardner-Johnson said. “I’m like the flu. I’m like the flu. It’s going to go through your body, and either you get it or don’t get it. And that’s not because I’m cocky. ... It’s because I’m confident in my job.”
Here are some more observations from Lions practice:
-- Gardner-Johnson was far from the only player mixing it up. Receiver Jameson Williams tore the helmet off rookie safety Starling Thomas’ head, then went at it with Thomas after a one-on-one rep before taking a swing with an open hand. And cornerback Khalil Dorsey went low on a big hit against Shane Zylstra, injuring the veteran tight end. The hit seemed to cross the line, and it came at a steep price for Zylstra, who was helped to the locker room after the play.
-- Rookie tight end Sam LaPorta also left practice early, although no beat writers caught what happened.
-- On the bright side, receiver Marvin Jones was activated from the non-football injury list. Jones was dealing with a back issue, but was running all-out for days with the medical staff, suggesting his return was imminent. Now it is so, giving Detroit even more options at wide receiver. That’s a really deep room, and they’re posing a stiff challenge for the reworked secondary in one-on-ones.
Amon-Ra St. Brown has been especially good, and made a leaping one-handed grab on Monday that drew audible oohs and aahs from the crowd. He opened one-on-ones by muscling a football away from rookie Brian Branch and then beating Jerry Jacobs too, both for touchdowns, and extending his streak of one-on-one catches to open training camp. That streak died later in the drill, although it took a defensive pass interference to do it. And St. Brown still nearly made the grab.
Later in the day, St. Brown did have an uncharacteristic drop on a third-down pass during team drills. It was just one drop from a guy who has caught everything for a week, but it dogged St. Brown so much that he took a knee on the sideline, then did not move through the second team’s entire series, then the third team’s too, then even a special teams drill. He was chewing on the side of his mouth guard, occassionally slamming his helmet to the turf, even with no one around him, clearly disgusted by the drop.
After practice, yes, St. Brown was back on the JUGS machine. He did not drop any of the 202 balls that were fired his way. The work ethic is unmatched, and sets a tremendous example for guys like Jameson Williams, who has struggled with drops early in his career.
“That’s a real warrior, man,” Williams said after practice. “You don’t see him take no reps off. He see him catch every ball. You see him right now, he’s probably on the JUGS getting work in. He’s just a warrior. I see that and I say, ‘Yeah, we got to get to it.’ I love playing with somebody like that because he ain’t going to stop. We got to go, and we’re going to get it done for sure.”
-- Dan Campbell is having a hard time hiding his love for Brian Branch, the second-round pick who continues to make plays in coverage, in run support, and even in the rush, where he batted down a pass on Monday. But he also made a huge mistake when he hit backup quarterback Nate Sudfeld, which drew a tongue-lashing from offensive coordinator Ben Johnson. Team rules prevent me from sharing the interaction, but safe to say even if I could, I still couldn’t share it in a family publication.
-- While team rules prevent me from sharing quotes from the field, I was amused by a Lions security guard who scolded a fan for trying to take a video of a play, which is prohibited. “We don’t want Bill Belichick seeing this,” the man said. “We don’t want Matt Patricia seeing this. We don’t get along no more.”
-- After taking a couple days off with a sore back, Halapoulivaati Vaitai was back in uniform and repped ahead of Graham Glasgow at right guard. Matt Nelson continued to rep at right tackle while Penei Sewell makes his way back from a brain injury.
-- Another day, another big play from young defensive tackle Brodric Martin. The third-round pick is a massive force on the interior, but needs a lot of technique work too, and the Lions are trying to show him just how important that work is by letting him get worked on the first team. There’s no lesson quite like facing All-Pro center Frank Ragnow, you know? The problem is, for the second time in three days, Martin blew past Ragnow to make a violent play in the backfield, this time bringing down Jahmyr Gibbs.
-- I don’t know what Maurice Alexander can do to make this team at a stacked receiver position, but he’s made some really nice plays in camp. On Monday, he made a terrific one-handed catch before nearly securing another in team drills.
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NOTICE TO SHAREHOLDERS – SOURCES OF DISTRIBUTION UNDER SECTION 19(a)
BOSTON, July 31, 2023 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of July 13, 2023, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.
This notice provides shareholders of the John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) with important information concerning the distribution declared on July 3, 2023, and payable on July 31, 2023. No action is required on your part.
The following table sets forth the estimated sources of the current distribution, payable July 31, 2023, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. All amounts are expressed on a per common share basis and as a percentage of the distribution amount.
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution plan.
The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
The Fund has declared the July 2023 distribution pursuant to the Fund's managed distribution plan (the "Plan"). Under the Plan, the Fund makes fixed monthly distributions in the amount of $0.1380 per share, which will continue to be paid monthly until further notice.
If you have questions or need additional information, please contact your financial professional or call the John Hancock Investment Management Closed-End Fund Information Line at 1-800-843-0090, Monday through Friday between 8:00 a.m. and 7:00 p.m., Eastern Time.
Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.
About John Hancock Investment Management
A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.
About Manulife Investment Management
Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.
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Cultivating a relationship with an animal is a skill as much as it is an art — it requires patience and vigilance to the nuances of body language, and the reward of an animal’s trust is invaluable.
Children exhibited this skill during Monday’s dairy cattle show at the 126th Carroll County 4-H and FFA Fair. The show began at 8:30 a.m. Monday in the Agriculture Center’s Shipley Arena in Westminster.
Entrants paraded cattle into the arena, where they were judged on their animal handling prowess. The cattle followed the children’s lead, with only minor course corrections, and many kids held their cow’s cheek to direct them. Among them was 11-year-old Kylie Kahler of Keymar, who said she cherishes the experience of bonding with her Brown Swiss cow, named Dublin Hills Spoons.
“It’s really fun,” Kahler said. “Sometimes it gets a little aggravating, but it’s fun to be around animals.”
The aggravation comes when cows fight back against the prompt to walk, Kahler said, sometimes head-butting, pulling away from, or stepping on the feet of their handler.
But showing dairy cows is in Kahler’s blood. She follows in the footsteps of four older brothers who participated in cow shows, and is the daughter of two parents that grew up on dairy farms. Kahler’s mother, 51-year-old Keymar resident Stacey Guyton, said she is proud to see her daughter carry on the family tradition.
“It’s exciting because I grew up showing dairy cattle,” Guyton said, “and I’m so glad that my daughter is so interested in showing dairy cattle also. It’s been a family tradition for many generations.”
Kahler said her cow is leased. Although she grew up with dairy cattle, her family does not own them anymore.
“At least once a month I go over to the farm that she’s at,” Kahler said. “I walk her around, pet her and make sure she knows who I am so she’s used to me being around her.”
Blaine Edwards, 14, of Westminster, said he became interested in livestock shows about six years ago, when his cousins started participating. He said he enjoys handling animals and hanging out at the fair.
The Edwards family owns Blaine’s cow and keeps it at the family farm, Pheasant Echos, in Westminster, among other livestock.
Edwards said his strategy in the competition was to keep his eye on the judges. His diligence in and out of the arena paid off, as the young showman won third place.
“[I] paid attention to the judge the whole time,” Edwards said. “That’s mainly about it.”
Carroll County Breaking News
He will also participate in the swine showmanship competition on Tuesday.
For 11-year-old Annalise DeCesare, of Hanover, competing in the showmanship competition with her cow, Vanna White, has been a growth experience. She said she has grown a little every year, and has gone from placing last to earning an average rank relative to her peers.
“It’s been fun,” DeCesare said, “but tiring.”
Daniel Edwards, 43, of Westminster, said he and his son, Blaine, were up at 3:30 a.m. for the competition. The morning begins early for all competitors, with a thorough wash of their animal, followed by several more hours of caretaking.
“All the kids did good,” Daniel Edwards said. “They work hard, they get up early in the morning, and it turns out to be a real long day.”
Showmanship competitors are judged on their interactions with their animal, not by the animal’s aesthetics.
“I love this,” Guyton said. “It brings me so much joy to see on all these youths in here showing dairy cattle. This is a lot of hard work and dedication from the child and the parents. It’s a many-months-long process getting ready for this, so I’m just so excited to see all these kids doing this.”
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OTSEGO COUNTY, MI – A wanted Michigan man was found hiding in an RV following a home invasion in Otsego County.
According to troopers from the Michigan State Police Gaylord post, a sergeant responded to a residence in Bagley Township at approximately 9:24 p.m. on July 25.
The victim told police he and his son were home when a man they did not know, entered the home through the garage door and came into the kitchen.
They confronted the man, later identified as 44-year-old William Robert Kline of Midland, who then fled on foot, police said.
While the sergeant was interviewing the victims, a next-door neighbor called and said a man was inside their RV parked in the driveway. An investigation determined the man matched the suspect’s description.
The sergeant was able to persuade Kline to surrender. He had several warrants for his arrest, including a felony unauthorized driving away of a vehicle.
He was arrested and lodged in the Otsego County Jail. Kline was also arraigned in the 87-A District Court in Otsego County on two counts breaking and entering.
Bond was set at $100. His next scheduled court appearance is on Aug. 3.
READ MORE:
U.S. Coast Guard rescues 5 people from burning boat near Pictured Rocks
Crews use rescue boat to evacuate injured woman from Pictured Rocks beach
Teen drowns in Lake Michigan while swimming at Indiana beach
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https://www.mlive.com/news/2023/07/michigan-man-wanted-on-felony-warrants-found-hiding-in-rv-after-home-invasion.html
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ATLANTA (AP) — Matt Olson says it’s no mystery why he’s leading the majors in RBIs.
In Atlanta’s powerful lineup, Olson is often hitting with runners on base.
Olson drove in five runs with two homers, including a two-run shot in the eighth, and the Braves beat the Milwaukee Brewers 8-6 on Sunday to cap their sweep of the high-scoring series.
Olson has 35 homers, tops in the NL, and 88 RBIs. The Braves scored 29 runs in the three-game sweep in the matchup of NL contenders.
“There’s always dudes on base,” Olson said. “I feel like I’m rarely taking at-bats with the bases empty.”
The only player in the majors with more homers than Olson is Shohei Ohtani, with 39. Ohtani will bring the Los Angeles Angels into Atlanta for a series beginning Monday night.
With the sweep, the Braves won five of six against the Brewers in the last two weeks, including two of three in Milwaukee on July 21-23.
“You know you’re probably not shutting them out,” said Brewers left fielder Christian Yelich, who homered and drove in two runs.
Yelich said a “back-and-forth game” is likely against Atlanta. Sure enough, the Brewers lost despite holding leads of 1-0, 3-2 and 6-5.
“To keep roaring back, it’s a testament to how tough these guys are,” Braves manager Brian Snitker said.
Atlanta (67-36) leads the NL East by 11 1/2 games over Miami. Milwaukee’s loss coupled with Cincinnati’s win at the Dodgers dropped the Brewers (57-49) into second in the NL Central.
Orlando Arcia led off the eighth with a double to left against Milwaukee’s Joel Payamps (4-2). With one out, Olson’s tiebreaking 35th homer landed in the Atlanta bullpen in right-center.
Payamps entered with a string of 17 consecutive scoreless appearances. He had allowed just seven hits in his last 18 innings.
Kirby Yates (5-0) pitched a scoreless eighth for the win. Raisel Iglesias earned his 20th save by striking out the side in the ninth.
Olson’s three-run homer lifted the Braves to a 5-3 lead in the third. He drove in Ronald Acuña Jr., who singled and stole second, and Austin Riley, who walked.
Collin McHugh blew the 5-3 lead by giving up three runs in the sixth. William Contreras doubled in two runs for Milwaukee.
Atlanta’s Marcell Ozuna tied the game at 6 with his homer off Hoby Milner.
Riley continued his power surge for Atlanta by hitting his eighth homer in the last 11 games in the first, giving him 24 on the year. The two-run shot off Colin Rea carried 463 feet to left-center.
Rea allowed five runs in five innings.
Carlos Santana, acquired from Pittsburgh on Saturday, hit his first homer with the Brewers in the third. The liner over the right-field wall gave Milwaukee a 3-2 lead. Yelich led off the third with his 16th homer.
TRADE
Atlanta added veteran infielder Nicky Lopez in a trade with the Kansas City Royals. The Braves sent left-hander Taylor Hearn to Kansas City for the 28-year-old Lopez, who can play shortstop, second base and third.
ROOKIE RETURNS
Atlanta rookie AJ Smith-Shawver, recalled from Triple-A Gwinnett before the game, allowed three runs and four hits in five innings.
“He’s got a great way about him,” Snitker said of the 20-year-old right-hander. “There’s no panic in him. … There’s tremendous upside for him as he figures things out.”
FIRST THINGS FIRST
Thanks to Riley’s homer, the Braves have scored 109 first-inning runs, the most in the majors by any team in any inning. The Texas Rangers’ 90 fourth-inning runs are second on the list.
“We come in ready to swing and ready to do damage,” Ozuna said.
TRAINING ROOM
Brewers: LHP Wade Miley (left elbow) will come off the 15-day injured list to start Wednesday night at Washington. … RHP Brandon Woodruff (right shoulder) will pitch for Triple-A Nashville on Tuesday. … RHP Julio Teheran (right hip impingement) was placed on the 15-day IL. RHP Peter Strzelecki was recalled from Nashville.
UP NEXT
Brewers: RHP Corbin Burnes (9-6, 3.46 ERA) is scheduled to pitch Monday night’s opener of a three-game series at Washington against RHP Jake Irvin (3-5, 4.96 ERA).
Braves: Atlanta opens an interleague series against the Los Angeles Angels on Monday night. Braves RHP Charlie Morton (10-8, 3.57 ERA) faces RHP Griffin Canning (6-4, 4.46 ERA). Morton is 4-1 with a 3.83 ERA in 10 career starts against the Angels.
——
AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP–Sports
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LINKBANCORP, Inc. Announces Second Quarter 2023 Financial Results
Published: Jul. 31, 2023 at 4:30 PM EDT|Updated: 57 minutes ago
HARRISBURG, Pa., July 31, 2023 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ: LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $1.35 million, or $0.08 per diluted share, for the quarter ended June 30, 2023. Excluding merger related expenses, adjusted earnings were $1.60 million1, or $0.101 per diluted share for the second quarter of 2023.
Second Quarter 2023 Highlights
Total deposits grew $50.3 million, or 20.5% annualized during the second quarter over the prior quarter end, including an increase in noninterest bearing deposits of $36.2 million, and $14.1 million in interest bearing deposits. Estimated uninsured deposits, excluding collateralized public funds and affiliate company accounts, totaled $378.7 million, or 36.7% of total deposits as of June 30, 2023, compared with $387.8 million, or 39.4% of total deposits as of March 31, 2023.
The Company enhanced its on-balance sheet liquidity, with cash and cash equivalents as of June 30, 2023 of $123.2 million, up from $51.7 million at March 31, 2023 and $30.0 million at December 31, 2022. Total liquidity, including all available borrowing capacity and brokered deposit availability, together with cash and cash equivalents and unpledged investment securities, totaled approximately $507.4 million as of June 30, 2023.
Total loans grew $24.2 million during the second quarter, representing a 10.3% annualized growth rate, driven primarily by commercial and industrial and commercial real estate loan activity.
Net interest income for the second quarter of 2023 was $8.1 million, compared to $8.0 million for the first quarter of 2023. Net interest margin was 2.81% for the second quarter of 2023, compared to 2.95% for the first quarter of 2023. The linked quarter decrease was primarily due to higher interest expense on deposits continuing to outpace the increase in interest income from loans.
The Company recorded a $493 thousand negative provision for credit losses for the second quarter of 2023, resulting in an allowance for credit losses of $10.2 million, or 1.05% of total loans at June 30, 2023. The negative provision for credit losses was primarily driven by refinement of the population of loans individually assessed for impairment under the current expected credit losses ("CECL") accounting standard, improvements in internal credit metrics and external forecast indexes, as well as $97 thousand in net recoveries, offset by loan growth in the period.
On June 22, 2023, shareholders of the Company and Partners Bancorp ("Partners"), each approved the merger of Partners with and into the Company, with the Company as the surviving corporation pursuant to the Agreement and Plan of Merger, dated as of February 22, 2023. The merger is expected to close in the third or fourth quarter of 2023, subject to regulatory approvals and certain other customary closing conditions.
"We are pleased to report results that evidence continued balance sheet strength, including increased on-balance sheet liquidity, a growing core deposit base, and excellent credit quality." said Andrew Samuel, Chief Executive Officer. "Although significant uncertainty remains in the external environment, we are optimistic that the pace of margin compression will continue to stabilize. Our teams are highly focused on providing superior service to meet our clients' needs and we believe the Company is well positioned to successfully navigate through this climate."
Income Statement
Net interest income before the provision for credit losses for the second quarter of 2023 increased to $8.1 million compared to $8.0 million in the first quarter of 2023. Net interest margin was 2.81% for the second quarter of 2023 compared to 2.95% for the first quarter of 2023. The decrease in net interest margin for the current quarter was due to the higher average rate paid on interest-bearing liabilities, which outpaced the increase in the average yield on interest earning assets. The overall rate and yield increases were driven by the multiple federal funds rate increases that occurred over the preceding twelve months, coupled with competition for deposits in the market. The rate of increase in the cost of funds moderated to 30 basis points in the second quarter of 2023, primarily resulting from strong growth in the average balance of non-interest bearing deposits, which increased approximately $17.0 million to $209.1 million, compared to $192.1 million for the first quarter. The 30 basis points increase in the cost of funds to 2.29% during the second quarter of 2023 was partially offset by a 15 basis point increase in the average yield on interest-earning assets to 5.00%. The increase in the average yield on interest-earning assets was primarily due to the increase in the average yield on loans of 11 basis points to 5.20% during the second quarter of 2023.
During the second quarter, the Company continued to recognize results from its increased internal focus and strategy on core deposit generation, including 123 net new checking accounts opened for a total of $38 million in new deposits. Additionally, further momentum in executing the Company's strategies to service the needs of professional services firms resulted in 58 new accounts opened during the quarter, which are expected to fund over the course of the third quarter. As a result of these positive trends, the Company expects to allow higher cost brokered deposits to mature, replaced by core accounts at a lower cost, contributing to further stabilization in net interest margin.
Noninterest income (expense) improved from a $1.9 million expense in the first quarter of 2023, driven by recognition of a loss upon the sale of debt securities of $2.37 million, to $886 thousand in income in the second quarter of 2023. Excluding the first quarter loss on the sale of debt securities, adjusted noninterest income for the second quarter of 2023 increased $369 thousand to $886 thousand, primarily due to gains on the sale of Small Business Administration ("SBA") loans of $296 thousand and $57 thousand in commercial loan-related interest rate swap fees.
Noninterest expense for the second quarter of 2023 increased to $7.8 million compared to $7.7 million for the first quarter of 2023. Excluding one time charges relating to the pending merger with Partners Bancorp of $587 thousand in the first quarter of 2023 and $315 thousand in the second quarter of 2023, adjusted noninterest expense increased by $351 thousand in the second quarter, impacted by increased equipment and data processing expense as the Company continues to enhance its technology platform, as well as elevated accrual of fraud and operating losses.
Balance Sheet
Total assets were $1.31 billion at June 30, 2023 compared to $1.21 billion at March 31, 2023 and $1.06 billion at June 30, 2022. Deposits and net loans as of June 30, 2023 totaled $1.03 billion and $959.3 million, respectively, compared to deposits and net loans of $984.5 million and $934.8 million, respectively, at March 31, 2023 and $902.4 million and $786.5 million, respectively, at June 30, 2022.
Total loans increased $24.2 million from March 31, 2023 to June 30, 2023, or 10.25% annualized, with the average commercial loan commitment originated during the second quarter of 2023 totaling approximately $500,000.
The Company has proactively taken additional steps during the quarter to enhance its on-balance sheet liquidity. Cash and cash equivalents increased to $123.2 million at June 30, 2023 compared to $51.7 million at March 31, 2023 and $30.0 million at December 31, 2022. In addition to growth in core deposits, this position was supported by an additional $43.7 million in borrowings related to $75.0 million in wholesale funding in connection with the execution of a pay-fixed/receive-floating interest rate swap. The interest rate swap has a fixed rate of 3.28%, a maturity of five years and is designated against either a mix of one-month FHLB advances or brokered certificates of deposits. Classified as a cash flow hedge, the market fluctuations will not impact future earnings, but will impact accumulated other comprehensive loss.
Deposits at June 30, 2023 totaled $1.03 billion, an increase of $50.3 million compared to $984.5 million at March 31, 2023. Average deposits increased by $17.0 million during the quarter, or 6.9% annualized, driven by a 35.3% increase in average noninterest bearing deposits from $192.1 million for the first quarter of 2023 to $209.1 million for the second quarter of 2023.
Shareholders' equity increased from $141.6 million at March 31, 2023 to $142.5 million at June 30, 2023. The increase included an increase in retained earnings due to net income for the current quarter, and a decrease in other comprehensive loss resulting from changes in the interest rate environment, offset by dividends paid of $1.2 million.
Asset Quality
In the second quarter of 2023, the Company recorded a negative provision for credit losses, calculated under the CECL model, of $493 thousand, compared to a provision for credit losses of $293 thousand in the first quarter. The negative provision for credit losses included the impact of reductions in the allowance for credit losses due to refinement of the population of loans individually assessed for impairment under CECL, improvements in internal credit metrics and external forecast indexes, as well as $97 thousand in net recoveries, offset by loan growth in the period.
Asset quality metrics remain strong. As of June 30, 2023, the Company's non-performing assets were $2.9 million, representing 0.22% of total assets. Non-performing assets at June 30, 2023 excluded purchased with credit deterioration ("PCD") loans with a balance of $2.1 million. Loans 30-89 days past due at June 30, 2023 were $1.8 million, representing 0.18% of total loans.
The allowance for credit losses-loans was $10.2 million, or 1.05% of total loans at June 30, 2023, compared to the allowance for credit losses-loans of $10.5 million, or 1.11% of total loans, at March 31, 2023. The allowance for credit losses-loans to nonperforming assets was 358.12% at June 30, 2023, compared to 438.95% at March 31, 2023.
The Company's risk management function incorporates extensive diversification, monitoring and hold limits with respect to the commercial real estate loan portfolio and management closely monitors concentration reports and related analyses. The commercial real estate loan portfolio is well-diversified, with limited exposure to higher risk segments such as hotels and retail. Management believes that the office space portfolio, which includes medical and mixed-use space, and does not involve properties in major metropolitan business districts, is stable and does not pose excessive risk. Specifically, at June 30, 2023, the Company had 68 loans related to office space, with an average loan size of $1.8 million and total current outstanding balances of $103.0 million. The largest exposure relating to office space is $8.8 million for a construction loan that will constitute owner-occupied real estate upon completion. Eighty-four percent (84%) of office space loans are guaranteed by high-quality principals and no office loans are past due 30 days or greater.
Capital
The Bank's regulatory capital ratios are well in excess of regulatory minimums to be considered "well capitalized" as of June 30, 2023. The Bank's Total Capital Ratio and Tier 1 Capital Ratio was 13.55% and 12.94% , respectively, at June 30, 2023, compared to 13.53% and 12.32%, respectively, at March 31, 2023 and 12.89% and 12.41%, respectively, at December 31, 2022. The Company's ratio of Tangible Common Equity to Tangible Assets was 8.31%2 at June 30, 2023.
ABOUT LINKBANCORP, Inc.
LINKBANCORP, Inc. was formed in 2018 with a mission to positively impact lives through community banking. Its subsidiary bank, LINKBANK, is a Pennsylvania state-chartered bank serving individuals, families, nonprofits and business clients throughout Central and Southeastern Pennsylvania through 10 client solutions centers and www.linkbank.com. LINKBANCORP, Inc. common stock is traded on the Nasdaq Capital Market under the symbol "LNKB". For further company information, visit ir.linkbancorp.com.
Forward Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of current or historical fact and involve substantial risks and uncertainties. Words such as "anticipates," "believes," "estimates," "expects," "forecasts," "intends," "plans," "projects," "may," "will," "should," and other similar expressions can be used to identify forward-looking statements. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements include, but are not limited to the following: costs or difficulties associated with newly developed or acquired operations; risks related to the proposed merger with Partners; changes in general economic trends, including inflation and changes in interest rates; increased competition; changes in consumer demand for financial services; our ability to control costs and expenses; adverse developments in borrower industries and, in particular, declines in real estate values; changes in and compliance with federal and state laws that regulate our business and capital levels; our ability to raise capital as needed; and the effects of the COVID-19 pandemic and actions taken by governments, businesses and individuals in response. The Company does not undertake, and specifically disclaims, any obligation to publicly revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements, except as required by law. Accordingly, you should not place undue reliance on forward-looking statements.
LB-E LB-D
Appendix A – Reconciliation to Non-GAAP Financial Measures
This document contains supplemental financial information determined by methods other than in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Management uses these non-GAAP measures in its analysis of the Company's performance. These measures should not be considered a substitute for GAAP basis measures nor should they be viewed as a substitute for operating results determined in accordance with GAAP. Management believes the presentation of non-GAAP financial measures that exclude the impact of specified items provide useful supplemental information that is essential to a proper understanding of the Company's financial condition and results. Non-GAAP measures are not formally defined under GAAP, and other entities may use calculation methods that differ from those used by us. As a complement to GAAP financial measures, our management believes these non-GAAP financial measures assist investors in comparing the financial condition and results of operations of financial institutions due to the industry prevalence of such non-GAAP measures. See the tables below for a reconciliation of these non-GAAP measures to the most directly comparable GAAP financial measures.
Contact: Nicole Ulmer Corporate and Investor Relations Officer 717.803.8895 IR@LINKBANCORP.COM
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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The trial for a former Carroll County school bus driver who crashed a school bus last September near Liberty High School starts Tuesday in Carroll County District Court in Westminster.
Tammy J. Frock, 55, of Westminster, was charged in March by Maryland State Police with driving while impaired by a controlled dangerous substance and reckless driving in connection with the crash.
Her trial begins at 8:45 a.m., Tuesday, with Judge Cara Lewis presiding.
Frock is expected to appear with her lawyer, George Psoras Jr., of Lutherville. She last appeared before Lewis on May 17, when a trial date was set.
The trial is expected to include nearly three hours of video footage taken on the day of the crash, including body camera footage from state police, who were at the scene. Assistant State’s Attorney Ted Eyler said in May that the prosecution has eight witnesses who will testify. Psoras also said at the time, that the defense has two or three of its own witnesses who will take the stand.
According to the Maryland State Police, at about 2 p.m., Sept. 15, Frock was driving a school bus without students aboard on Route 32 in Eldersburg when she drove off the right side of the road and hit power poles north of Bartholow Road.
Frock was arrested at the scene after state troopers said they observed possible signs of intoxication. She was released from custody that day, pending the results of a blood analysis, police said.
The testing process took more than six months, and Frock was charged on March 24 after the results were returned. The state’s attorney’s office declined to divulge what the testing revealed.
Carroll’s public school bus drivers are employees of independent bus contractors and are certified to drive by the school system based on Maryland Department of Transportation regulations. All certified drivers must complete background checks, including a physical with drug and alcohol screening. Drivers must also submit to random drug and alcohol testing by Carroll Occupational Health, said Carey Gaddis, a county schools communications officer.
Frock is no longer working for Johnson Bus Service, which contracts with Carroll County Public Schools. A representative with the bus service said in March that Frock is no longer certified to drive a school bus and is no longer employed with the company.
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https://www.baltimoresun.com/maryland/carroll/news/cc-carroll-school-bus-driver-trial-preview-20230731-5lclvq3ajbavfcy4ewtgohtvxu-story.html
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HOUSTON — HOUSTON — NCS Multistage Holdings, Inc. (NCSM) on Monday reported a loss of $32.2 million in its second quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NCSM at https://www.zacks.com/ap/NCSM
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https://www.washingtonpost.com/business/2023/07/31/earns-ncs-multistage/ec9cc82a-2fe6-11ee-85dd-5c3c97d6acda_story.html
| 2023-07-31T21:27:06
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WASHTENAW COUNTY, MI - For the second time in less than a week’s time, the beach at Independence Lake in Washtenaw County is closed for swimming after water test results showed high levels of E. coli bacteria, health officials said.
The closure of the beach at Independence Lake County Park in Webster Township, a popular summertime destination north of Ann Arbor, will be in effect until further notice, officials with the Washtenaw County Health Department said in a news release on Monday afternoon, July 31.
The beach, at 3200 Jennings Road near Whitmore Lake, recently closed on Wednesday, July 26, and reopened when test results showed bacteria levels below actionable limits on Friday, July 28, health department spokesperson Susan Ringer-Cerniglia said.
That shutdown was the first of the summer 2023 season.
Other forms of recreation that don’t involve body contact with water, like fishing, are still permitted at Independence Lake during the beach closure, officials said.
E. coli bacteria can cause gastrointestinal illness and are a special concern for people with weakened immune systems, according to the health department. People with questions, or those who believe they may have become ill after swimming in the lake, can call the Washtenaw County Environmental Health Division at 734-222-3800 during normal business hours or visit washtenaw.org/envhealth.
Over the summer, public bathing beaches are regularly monitored for the bacteria, and closures are listed in a a Michigan database of beach closures and advisories, with updates on Independence Lake also posted on the health department’s website.
Want more Ann Arbor-area news? Bookmark the local Ann Arbor news page or sign up for the free “3@3 Ann Arbor” daily newsletter.
More from The Ann Arbor News:
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2 boys find a home in Washtenaw County’s first in-person adoption since COVID-19 pandemic
101-year-old landmark Ypsilanti building will open as marijuana dispensary
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https://www.mlive.com/news/ann-arbor/2023/07/high-e-coli-bacteria-levels-close-washtenaw-county-beach-for-second-time-in-1-week.html
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TULSA, Okla. — TULSA, Okla. — ONE Gas Inc. (OGS) on Monday reported second-quarter net income of $32.7 million.
The natural gas distribution posted revenue of $398.1 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $453.9 million.
ONE Gas expects full-year earnings to be $4.02 to $4.26 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OGS at https://www.zacks.com/ap/OGS
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https://www.washingtonpost.com/business/2023/07/31/earns-one-gas/27185c12-2fe7-11ee-85dd-5c3c97d6acda_story.html
| 2023-07-31T21:27:08
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LOS ANGELES (AP) — Sparked by the young guy and the old man, the Cincinnati Reds took over sole possession of first place in the NL Central.
Elly De La Cruz, the 21-year-old sensation, and Joey Votto, who turns 40 in September, helped the Reds rout the Los Angeles Dodgers 9-0 on Sunday. They won home and road series against the NL West-leading Dodgers this season.
“It’s big-time for us,” winning pitcher Graham Ashcraft said. “It keeps us going and gives us that edge to keep fighting.”
De La Cruz hit a two-run homer and went 4 for 5 in his third game of the season with four hits. He also scored twice as the Reds rapped out 14 hits in handing the Dodgers their worst loss since a 15-0 defeat to San Francisco on June 17.
De La Cruz broke out of the struggles he’s had since the All-Star break, while Votto shook off his offensive funk with a two-run shot. Votto went 2 for 5 with three RBIs.
“He knows how to come out of those slumps. He gives us ideas and tips on how we can get out of there too,” De La Cruz said. “He helps me and if there’s something I can help him out with, I’ll tell him, too.”
Votto respects the equanimity shown by his much younger teammates.
“During the rough spells, these guys have been the exact same people every day,” he said. “It’s a very young team. The energy is consistent. That’s the really charming part about it. Every single day from spring training, the optimism has been there.”
Ashcraft (6-7) scattered five hits over six innings and struck out two.
The Dodgers hit into three double plays on Friday and three more Sunday. They managed just two hits in a 3-2 loss Saturday. They didn’t get a runner past second base over the final five innings in the finale.
Dodgers shortstop Miguel Rojas made his first career pitching appearance in the ninth. He nearly hit Votto before the designated hitter answered with an RBI double that made it 9-0. Rojas then hit Christian Encarnacion-Strand.
Dodgers starter Michael Grove (2-3) got hit hard over the first three innings. Three pitches into the game, the Reds led 1-0 on TJ Friedl’s RBI double. Friedl scored on a throwing error by center fielder James Outman, and Matt McLain hustled home on Spencer Steer’s groundout to third.
“Too many pitches to hit with guys on base. I got to shore that up,” Grove said. “My attack plan wasn’t great early and I just got put on defense to start with and had to adjust. I got punished cause I was leaving pitches over the plate.”
De La Cruz’s solo shot traveled 411 feet into the right-field pavilion with two outs in the second. It was De La Cruz’s seventh homer.
McLain hit his 11th homer into the Dodgers bullpen in left leading off the third. Votto’s 418-foot shot into the Reds bullpen in right field scored Jake Fraley, who singled, and extended the lead to 7-0.
Votto was robbed of a potential second homer on Outman’s leaping catch at the top of the wall in right-center in the fifth.
The Reds led 8-0 on Friedl’s RBI double with two outs in the sixth.
Grove gave up eight runs and 10 hits in six innings. The rookie right-hander struck out a career-best 10 and walked one on a career-high 96 pitches.
TRAINER’S ROOM
Reds: INF Jonathan India went on the IL with left heel pain.
Dodgers: DH J.D. Martinez left after the first inning with left hamstring tightness. … C Will Smith left the game in the top of the fourth with a left elbow contusion after getting hit by a pitch. X-rays were negative. … OF Mookie Betts (right ankle soreness) was out of the lineup for the second straight day. He got hurt in the batter’s box trying to avoid a pitch on Friday, but is expected back Tuesday. … LHP Julio Urías is having his next start pushed back a couple days while he deals with a nail issue. … LHP Clayton Kershaw (shoulder) played catch.
UP NEXT
Reds: LHP Andrew Abbott (6-2, 1.90 ERA) starts Monday night in the opener of a four-game series at the Chicago Cubs.
Dodgers: RHP Lance Lynn (6-9, 6.47 ERA) makes his Dodgers debut Tuesday in an interleague series opener against Oakland.
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AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports
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PHILADELPHIA, July 31, 2023 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today published its 2022 Sustainability Report, with the theme Reimagining Possibilities. The report provides updates on the company's progress against its 2030 and 2040 sustainability goals, includes new disclosures and reaffirms Livent's commitment to responsible production and expansion.
Paul Graves, president and chief executive officer of Livent, commented: "We believe the lithium industry will play an increasingly important role in the clean energy transition towards a more sustainable, low-carbon future. Our 2022 Sustainability Report demonstrates how Livent is reimagining what's possible for producing more of the lithium the world needs while continuing to lead our industry forward in corporate social responsibility, environmental stewardship and transparency."
Report Highlights:
- Initial global Scope 3 screening of Livent's Greenhouse Gas (GHG) emissions and first disclosures on global air pollutants
- Completion of ISO-compliant Life Cycle Assessments (LCAs) for all of Livent's major lithium chemical products, ahead of the original 2025 target
- Achievement of Livent's 2030 Waste Disposed intensity reduction target, ahead of schedule
- Summary of recent water and biodiversity studies conducted at the Salar del Hombre Muerto in Argentina
- Updates on other key collaborations and initiatives to support a low-carbon future, minimize environmental impacts, expand local community engagement and development efforts, protect human rights, and build a more engaged, diverse and inclusive workforce
To view Livent's 2022 Sustainability Report, visit livent.com/sustainability. The report will be made available in multiple languages.
Key ESG metrics in the report were reviewed and assured by ERM Certification and Verification Services (ERM CVS).
About Livent
For nearly eight decades, Livent has partnered with its customers to safely and sustainably use lithium to power the world. Livent is one of only a small number of companies with the capability, reputation, and know-how to produce high-quality finished lithium compounds that are helping meet the growing demand for lithium. The Company has one of the broadest product portfolios in the industry, powering demand for green energy, modern mobility, the mobile economy, and specialized innovations, including light alloys and lubricants. Livent has a combined workforce of approximately 1,350 full-time, part-time, temporary, and contract employees and operates manufacturing sites in the United States, England, China and Argentina. For more information, visit Livent.com.
Livent Forward-Looking Statements
Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "will continue to," "will likely result," "is on track," "should," "expect," "expects," "intends," "plans," "anticipates," "believe," "believes," "estimates," "predicts," "potential," "continue," "could," "forecast," "future," "is confident that," or "projects," the negative of these terms and other comparable terminology. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors and other cautionary statements included within Livent's 2022 Form 10-K filed with the SEC as well as other SEC filings and public communications. Livent cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. Livent undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.
The Company's investor relations website, located at https://ir.livent.com, should be considered as a recognized channel of distribution, and the Company may periodically post important information to the website for investors, including information that the Company may wish to disclose publicly for purposes of complying with federal securities laws.
Media contact: Juan Carlos Cruz +1.215.299.6725
juan.carlos.cruz@livent.com
Investor contact: Daniel Rosen +1.215.299.6208
daniel.rosen@livent.com
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SOURCE Livent Corporation
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GRAND RAPIDS, MI – Twenty-five years after he swam across Lake Michigan, Jim Dreyer is diving back into the big lake for an even longer swim, from Milwaukee to Grand Haven.
Dreyer, who turns 60 in August, is expected to enter Lake Michigan as early as 7 a.m. (EDT) Tuesday, Aug. 1, in Milwaukee, depending on the weather.
The swim will be about 25 miles longer than his Aug. 1, 1998, swim from Two Rivers, Wisconsin, to Ludington State Park. The previous swim, with cross currents pushing him far off course, covered 65 miles and took nearly 41 hours.
The new route is 82.5 miles, point to point. It is likely he will have to swim about 90 miles because of lake currents. He expects to spend over 60 hours in the water before reaching Grand Haven City Beach, just south of the state park.
“Twenty-five years ago I stood on a Wisconsin beach and stared at what seemed like an endless expanse of water,” Dreyer, nicknamed “The Shark,” said in a Facebook post.
“I was about to attempt something that had never been done before, and I contemplated the daunting task of swimming to the horizon multiple times before seeing land. Well, I’m about to do it again … but this time it will be approximately 25 miles further. Some may question whether I’m 25 years wiser, right?”
Related: Jim ‘The Shark’ Dreyer sets Guinness record with 51-hour swim to Detroit’s Belle Isle
The swim, called the “silver sequel,” is expected to begin Tuesday morning but could start as late as the end of Thursday, depending on the weather and lake conditions.
Dreyer, originally from Byron Center, lives in Grand Haven. He is a motivational speaker and president at Event Marketing Enterprises. His endurance challenges have taken him to all of the Great Lakes.
The swim benefits the Grand Haven chapter and Western Lake Michigan (Milwaukee) chapter of the U.S. Coast Guard’s Chief Petty Officers Association. Dreyer asked for donations to the association.
To track his progress or donate, go to Dreyer’s website at www.jimthesharkdreyer.com/lake-michigan-the-silver-sequel
Read more:
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Traverse City woman plans ‘fresh start,’ new business after winning $1M jackpot
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https://www.mlive.com/news/grand-rapids/2023/07/25-years-after-swim-across-lake-michigan-jim-the-shark-dreyer-takes-on-bigger-challenge.html
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WARSAW, Ind. — WARSAW, Ind. — OrthoPediatrics Corp. (KIDS) on Monday reported a loss of $2.9 million in its second quarter.
OrthoPediatrics expects full-year revenue in the range of $148 million to $151 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KIDS at https://www.zacks.com/ap/KIDS
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https://www.washingtonpost.com/business/2023/07/31/earns-orthopediatrics/af34d640-2fe5-11ee-85dd-5c3c97d6acda_story.html
| 2023-07-31T21:27:14
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Jackpocket Crowns its First $100K Winner in Massachusetts, Partnership With Circle K Offers a New, Convenient Way to Play the Lottery
BOSTON, July 31, 2023 /PRNewswire/ -- Jackpocket, America's #1 lottery app*, launched in Massachusetts in partnership with Circle K, one of the largest convenience store brands in the United States.
Yesterday, a Jackpocket customer ordered a $100,000 winning lottery ticket for the daily "Mass Cash" drawing using the app.
"We are excited that our partnership with Circle K landed our first $100K winner in the Bay State, cementing Jackpocket's presence in Massachusetts," said Peter Sullivan, CEO of Jackpocket. "Jackpocket's mission is to make the lottery more accessible and convenient to play. As Tuesday's Mega Millions crosses the $1 billion mark, it's easier than ever to play your favorite games from anywhere in Massachusetts."
To celebrate the new partnership, Jackpocket is offering lottery fans across the state their first lottery ticket for free on the app. New players will receive a $2 lottery ticket by entering the code HEYMASS at checkout. Lottery fans can play Powerball and Mega Millions—currently over $1.05B—as well as local favorites MassCash (the game responsible for the $100K winning ticket), Megabucks Doubler, Lucky for Life, and The Numbers Game.
"We're proud to partner with Jackpocket in Massachusetts and make this fun and convenient experience available to every lottery player across the state," said Melissa Lessard, the head of North American marketing at Circle K. "At Circle K, we are always looking for ways to make life a little easier for our customers and providing the opportunity for customers to order official state lottery tickets with just the tap of a button through the Jackpocket app is yet another example of that commitment."
Massachusetts is now the 17th state available for lottery play on the Jackpocket app. Jackpocket is iCAP certified for best practices in player protection, backed by the expertise of the National Council on Problem Gambling. To ensure player safety, Jackpocket offers consumer protections such as daily deposit and spend limits, self-exclusion, and in-app access to responsible gambling resources.
*According to data from AppFollow
*Must be 18 or older to play. Jackpocket is not affiliated with and is not an agent of the Massachusetts State Lottery. Please visit jackpocket.com/tos for full terms of service. Gambling Problem? Call 1-800-327-5050.
Are You Our Next BIG Winner? Visit play.jackpocket.com or download Jackpocket for iOS and Android and get in the game. New players can receive a $2 lottery ticket by entering the code HEYMASS at checkout.
About Jackpocket
Jackpocket is on a mission to create a more convenient, fun, and responsible way to take part in the lottery. The first licensed third-party lottery courier app in the United States, Jackpocket provides an easy, secure way to order official state lottery tickets. Jackpocket is currently available in Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oregon, Texas, Washington D.C., and West Virginia, and is expanding to many new markets. Download the app on iOS and Android or participate via desktop. Follow along on Facebook, Twitter and Instagram.
About Circle K and Alimentation Couche-Tard Inc.
Couche-Tard is a global leader in convenience and mobility, operating in 25 countries and territories, with more than 14,400 stores, of which approximately 11,000 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience store operators in the United States and it is a leader in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, as well as in Ireland. It also has an important presence in Poland and Hong Kong Special Administrative Region of the People's Republic of China. Approximately 128,000 people are employed throughout its network.
View original content to download multimedia:
SOURCE Jackpocket
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MINNEAPOLIS (AP) — The Minnesota Vikings have given outside linebacker Danielle Hunter a hefty pay raise, paving the way for the team’s best pass rusher to participate in practice after a months-long contract stalemate.
The Vikings announced Sunday on their website that they reached a new deal with Hunter, the three-time Pro Bowl pick with 71 sacks who will turn 29 in three months.
Hunter reported to training camp last week on schedule after skipping the offseason program and mandatory minicamp, but he has yet to join his teammates on the field. Head coach Kevin O’Connell said Saturday that Hunter has been “in the building” and that they’ve been in “daily dialogue” about his physical and mental preparation.
“Danielle Hunter is a very special player, and as soon as we can get him out here, you guys will see him out here,” O’Connell said.
Hunter’s previous contract called for a $4.9 million base salary. According to NFL Network, he’ll make $17 million guaranteed this year with an opportunity to earn an additional $3 million in incentives. Hunter will still hit the free agent market after the season, unless he and the team strike a deal on an extension in the meantime.
Hunter’s presence will be vital for a Vikings defense that has been one of the NFL’s worst over the past three years. They allowed the second-most yards and the fourth-most points in the league in 2022, despite decent production by their primary edge rushers. Hunter had 10 1/2 sacks, Za’Darius Smith had 10 sacks and backups D.J. Wonnum and Patrick Jones had four sacks apiece.
Smith was since traded to Cleveland in a cost-cutting move, leaving Hunter as the only proven pass rusher on the roster. Marcus Davenport was signed as a free agent to push for a starting spot, but this remains one of the biggest questions surrounding the team this season.
“I think Danielle’s a phenomenal player,” said defensive coordinator Brian Flores, who was hired to replace the fired Ed Donatell. “I look forward to working with him.”
Under Donatell, Hunter often found himself as a standup rusher in a three-point stance. The Vikings with Flores are aiming to get back to turning Hunter loose with his hand in the ground more often.
“Veteran players, they’ve seen a lot of defense, coverages, fronts, stunts. I think terminology will probably be the one thing that’s a little bit different, maybe, but some of it, there’s some crossover from some things he’s heard in the past so I don’t think it’ll take long for him to get up to speed,” Flores said. “At the end of the day, we’re telling him to go get the quarterback. There’s really not much to that. So I think he’ll be just fine.”
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AP NFL: https://apnews.com/hub/NFL and https://twitter.com/AP_NFL
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GRAND RAPIDS, MI - Trinity Health Grand Rapids unveiled a new mobile mammography unit Monday to help reduce health inequities for underserved women in the area.
In response to the growing need for state-of-the-art breast care among these “vulnerable women,” officials said the mammogram bus was launched to help enhance early cancer detection, promote equity and decrease mortality.
Members of the media were given a tour Monday, July 31, of the 40-foot bus equipped with the same high quality 3-D imaging suite as at Trinity Health’s other imaging centers, plus two changing rooms and a reception waiting area.
Trinity Health will provide services five days a week in 11 locations and neighborhoods, including the Hispanic Center of Western Michigan. People can schedule mammograms for as early as this week.
Over the last seven weeks, the mobile mammography unit was piloted, serving 165 patients throughout Kent County, officials said Monday during the ceremonial ribbon cutting at 300 Lafayette Ave. S.E.
“We’ve been out there testing the waters and starting to see patients,” said Becky Mercier, breast imaging supervisor for Trinity Health. “Just staying in the metro Grand Rapids area working with not only four Trinity Health Medical Group locations but some community partners as well.”
Mercier said the focus is on underserved communities that may have barriers to screenings, like transportation, no health insurance, language barriers, fear of the results, and mistrust of the healthcare system.
“We’re trying to accommodate, make sure that we are making access simple,” she said. “The plan is to continue trying to serve those underserved communities.”
Trinity Health aims to address these issues by providing free, convenient, preventive breast care service.
“Annual screening mammography is proven to reduce mortality due to breast cancer, so any opportunity to make this simple exam easy and convenient is a huge win for overall community health,” said Michelle Rabideau, president of the Saint Mary’s Foundation, in the press release.
Since the implementation of the Affordable Care Act, screening mammograms have been covered completely by insurance, further addressing certain barriers to mammogram access.
In cases where patients do not have insurance, Trinity Health works with the Kent County Health Department’s Breast & Cervical Cancer Control Navigation Program to fully cover the cost of the screening and potential follow-up imaging, Mercier said.
She said the program is income-based for women ages 40 to 64. If patients are outside of this criteria and have other financial hardships, there are other resources available to ensure that screening is not avoided because of financial concerns, she said.
“A lot of patients have already reached out telling us how grateful they are,” Mercier said. “We’ve been able to kind of surprise people, which has been a fun thing to be able to do. They don’t have to make an extra trip, and it’s all right, as long as it’s been a year and a day since their last mammogram.”
Women who are already patients will receive their results through MyChart, otherwise, results are sent via mail or through the individuals’ Primary Care office. Other resources are available online to ensure screening is not avoided due to financial concerns, officials said.
To schedule a mobile mammogram, call (855) 559-7179 or visit this link www.TrinityHealthMichigan.org/MobileMamm. Once the registration form is submitted, Trinity Health’s scheduling team will call you to confirm a time. Officials say to allow them at least one business day. The mammogram bus will be at the following locations this week:
- On Tuesday, Aug. 1, from 7:50 a.m. to 3:30 p.m., at Trinity Health Medical Group, Primary Care, 2080 44th St. SE in Kentwood.
- On Wednesday, Aug. 2, from 9 a.m. to 3:10 p.m., at the Fifth Third Bank, located at 62 54th St SW.
- On Thursday, Aug. 3, from 7:50 a.m. to 3:30 p.m., at Trinity Health Medical Group, Browning Claytor, 1246 Madison Ave. SE in Grand Rapids.
- On Friday, Aug. 4, from 7:50 a.m. to 3:30 p.m., at Trinity Health Medical Group, Primary Care, 2080 44th St. SE in Kentwood.
See the full list of locations here.
The mobile unit, funded through a grant from the Trinity Health Preserving Our Legacy Fund and efforts by the Saint Mary’s Foundation, was purchased for $1,055,589, according to Trinity Health Grand Rapids.
Want more Grand Rapids-area news? Bookmark the local Grand Rapids news page or sign up for the free “3@3 Grand Rapids” daily newsletter.
Read more:
World of Winter bringing 6 large art installations to Grand Rapids next year
Woodland Mall hosting fourth annual Black-owned business showcase
An introvert’s happy hour: Silent Book Club in Grand Rapids grows in popularity
Snoop Dogg iced out by Grand Rapids jeweler with $10K custom chain after concert
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TAMPA, Fla. (WFLA) — Florida is seeing a rise in leprosy cases that could mean the disease is now endemic in the Sunshine State, according to a letter published by the Centers for Disease Control and Prevention.
The letter, which was published in mid-July, said while leprosy is historically uncommon in the United States, cases more than doubled in the South over the last 10 years. The Florida Department of Health said the disease first appeared in the state in 1921.
Leprosy, also known as Hansen’s Disease, is caused by the bacterium Mycobacterium leprae and is characterized by discolored patches of skin, ulcers and lumps, and damage to the nerves.
The CDC said if untreated, the disease can progress to paralysis, blindness, the loss of one’s eyebrows, physical disfigurement, and even the “shortening of toes and fingers due to reabsorption.”
The National Hansen’s Disease Program found that 159 cases of leprosy were reported in 2020. Florida was at the top of the list of states with the most new cases.
“Central Florida, in particular, accounted for 81% of cases reported in Florida and almost one fifth of nationally reported cases,” the letter said. “Whereas leprosy in the United States previously affected persons who had immigrated from leprosy-endemic areas, [about]34% of new case-patients during 2015–2020 appeared to have locally acquired the disease.”
According to the Florida Health Charts, the state had 26 reported cases in 2019, 27 in 2020, and 14 in 2021.
The CDC letter said multiple cases showed no sign of animal-to-human transmission or “traditionally known risk factors.”
One patient, a 54-year-old man in Central Florida, was treated at a dermatology clinic for a progressive rash caused by leprosy.
When asked, the man said he had lived in Central Florida his whole life, did not travel domestically or internationally, had no exposure to armadillos (which can carry the disease), had no contact with immigrants with endemic leprosy, and had no connection to someone with the disease.
Experts said there was some support for the theory that an increase in migration from other countries to the United States may have caused the disease to enter nonendemic areas. However, while leprosy cases are increasing in the US, the rate of new cases in people born outside of the US had been on a decline since 2002.
“This information suggests that leprosy has become an endemic disease process in Florida, warranting further research into other methods of [local] transmission,” the letter said.
In the state of Florida, medical practitioners must report leprosy by the next business day so contact tracing can be done and reduce further infections.
“In our case, contact tracing was done by the National Hansen’s Disease Program and revealed no associated risk factors, including travel, zoonotic exposure, occupational association, or personal contacts,” the letter said. “The absence of traditional risk factors in many recent cases of leprosy in Florida, coupled with the high proportion of residents, like our patient, who spend a great deal of time outdoors, supports the investigation into environmental reservoirs as a potential source of transmission.”
The CDC said travel to Florida must now be considered when conducting contact tracing for leprosy in any state.
Leprosy, when contracted, can be treated by a combination of different antibiotics to prevent it from developing resistance to the medication, according to the CDC. Leprosy can be cured after one or two years of treatment.
However, even when cured, any nerve damage and disfigurement caused by the disease will be permanent.
8 On Your Side has reached out to the Florida Department of Health for information on how it is monitoring and controlling the disease. As of this report, we have yet to hear back.
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| 2023-07-31T21:27:20
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President Joe Biden has decided to keep U.S. Space Command headquarters in Colorado, overturning a last-ditch decision by the Trump administration to move it to Alabama and ending months of politically fueled debate, according to senior U.S. officials.
The officials said Biden was convinced by the head of Space Command, Gen. James Dickinson, who argued that moving his headquarters now would jeopardize military readiness. Dickinson's view, however, was in contrast to Air Force leadership, who studied the issue at length and determined that relocating to Huntsville, Alabama, was the right move.
The officials spoke on condition of anonymity to discuss the decision ahead of the announcement. The president, they said, believes that keeping the command in Colorado Springs would avoid a disruption in readiness that the move would cause, particularly as the U.S. races to compete with China in space. And they said Biden firmly believes that maintaining stability will help the military be better able to respond in space over the next decade.
Biden's decision is sure to enrage Alabama lawmakers and fuel accusations that abortion politics played a role in the choice. The location debate has become entangled in the ongoing battle between Alabama Republican Sen. Tommy Tuberville and the Defense Department over the move to provide travel for troops seeking reproductive health care. Tuberville opposed the policy is blocking hundreds of military promotions in protest.
Formally created in August 2019, the command was temporarily based in Colorado, and Air Force and Space Force leaders initially recommended it stay there. In the final days of his presidency Donald Trump decided it should be based in Huntsville.
The change triggered a number of reviews.
SEE MORE: U.S. Space Command Is Reestablished After 17 Years
Proponents of keeping the command in Colorado have argued that moving it to Huntsville and creating a new headquarters would set back its progress at a time it needs to move quickly to be positioned to match China’s military space rise. And Colorado Springs is also home to the Air Force Academy, which now graduates Space Force guardians, and more than 24 military space missions, including three Space Force bases.
Huntsville, however, scored higher than Colorado Springs in a Government Accountability Office assessment of potential locations and has long been a home to some of earliest missiles used in the nation’s space programs, including the Saturn V rocket. It is home to the Army’s Space and Missile Defense Command.According to officials, Air Force Secretary Frank Kendall, who ordered his own review of the matter, leaned toward Huntsville, while Dickinson was staunchly in favor of staying put.
The officials said Defense Secretary Lloyd Austin presented both options to Biden.
Trending stories at Scrippsnews.com
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DELRAY BEACH, Fla. — DELRAY BEACH, Fla. — PetMed Express Inc. (PETS) on Monday reported a loss of $887,000 in its fiscal first quarter.
The pet pharmacy company posted revenue of $78.2 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PETS at https://www.zacks.com/ap/PETS
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https://www.washingtonpost.com/business/2023/07/31/earns-petmed/f9b42a0a-2fdf-11ee-85dd-5c3c97d6acda_story.html
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Country singer Craig Morgan reenlists in military while on Grand Ole Opry stage
NASHVILLE, Tenn. (Gray News) – Country singer Craig Morgan reenlisted in the military Saturday night while on stage at the Grand Ole Opry in hopes of encouraging others to enlist.
According to a news release, Morgan was sworn into the U.S. Army Reserve on stage by U.S. Army Forces Command Gen. Andrew Poppas.
Sen. Marsha Blackburn joined them on stage.
After the ceremony, Morgan returned to the microphone to perform his song “Soldier.”
Morgan previously served in the Army for 17 years, with certifications including Airborne, Air Assault and Rappel Master.
“I’m excited to once again serve my country and be all I can be in hopes of encouraging others to be a part of something greater than ourselves,” Morgan said in a news release. “I love being an artist, but I consider it a true privilege and honor to work with what I believe are the greatest of Americans, my fellow soldiers. God Bless America. Go Army.”
Morgan plans to continue touring and releasing new music while serving in the Army Reserve.
The 59-year-old singer is known to frequently perform at military bases both in the U.S. and abroad. In 2006, Morgan was awarded the USO Merit Award for his support.
Morgan began his music career in 2000. He is best known for his No. 1 single “That’s What I Love About Sunday” from 2004.
He was inducted as a member of the Grand Ole Opry in 2008.
Copyright 2023 Gray Media Group, Inc. All rights reserved.
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Tech Veteran Brings Nearly Three Decades of Experience to Help Drive Growth for Leading Fast-Casual Mexican Restaurant
SAN DIEGO, July 31, 2023 /PRNewswire/ -- Modern Restaurant Concepts ("MRC"), a leading fast-casual restaurant platform comprised of the QDOBA and Modern Market Eatery brands, announced that Prashant Budhale has joined the company as Chief Technology Officer. Budhale brings more than 28 years of experience in technology leadership to MRC, and as CTO, will lead all technology across MRC brands.
"We are excited for Prashant to join the MRC team," said John Cywinski, CEO of Modern Restaurant Concepts. "I view technology as a foundational enabler of all that we do in the restaurant business, from a guest, team member, and corporate enterprise perspective. Prashant will lead our strategy to drive technology as a powerful brand differentiator, and he will be a terrific collaborator with our existing leadership team as well as our franchise partners moving forward."
"I'm excited about QDOBA's history of strong same store sales growth, potential for net unit growth, and the ability for technology to make a positive impact to both guest and team member experiences," Budhale said. "I'm also very encouraged by John's vision and Butterfly Equity's commitment to the growth of brands within MRC portfolio."
Prior to joining Modern Restaurant Concepts, Budhale served as Head of Technology for SONIC Drive-In, part of the Inspire Brands portfolio. At SONIC, he was responsible for the vision, development, and implementation of all technology initiatives across the 3,550 unit, $6B brand. Prior to SONIC, Prashant was Senior Director for Pizza Hut, part of YUM! Brands, where he led retail technology. Earlier in his career, Prashant worked as a software development consultant with IBM, Allstate, Oracle, Capgemini, and Fujitsu America.
QDOBA is a fast casual Mexican restaurant with over 750 locations in the U.S. and Canada. Committed to delivering flavor to people's lives, QDOBA uses ingredients prepared in-house, by hand, and fresh throughout the day, to create delicious menu options. Guests can experience QDOBA's delicious flavors by enjoying one of its signature menu options that are chef-crafted for convenience and ease or by customizing their burritos, tacos, burrito bowls, salads, quesadillas, and nachos to fit their personal tastes. For five years running, QDOBA has been voted the "Best Fast Casual Restaurant" as part of the USA TODAY 10Best Readers' Choice Awards. Discover more at www.QDOBA.com or on the QDOBA app.
For more information on the company, please visit www.QDOBA.com or follow the brand on Instagram, Facebook, Twitter and TikTok.
About Modern Restaurant Concepts
Modern Restaurant Concepts is one of the largest fast casual restaurant platforms in North America with nearly 800 units across two brands, QDOBA and Modern Market Eatery. The system operates corporate-owned and franchised units across nearly every U.S. state as well as Canada and Puerto Rico. Modern Restaurant Concepts is owned by Butterfly Equity, a Los Angeles-based private equity firm specializing in the food sector, with more than $10 billion of equity capital in companies ranging from growth-stage to Fortune 500 enterprises.
QDOBA is a fast casual Mexican restaurant with over 750 locations in the U.S. and Canada. Committed to delivering flavor to people's lives, QDOBA uses ingredients prepared in-house, by hand, and fresh throughout the day, to create delicious menu options. Guests can experience QDOBA's delicious flavors by enjoying one of its signature menu options that are chef-crafted for convenience and ease or by customizing their burritos, tacos, burrito bowls, salads, quesadillas, and nachos to fit their personal tastes. For five years running, QDOBA has been voted the "Best Fast Casual Restaurant" as part of the USA TODAY 10Best Readers' Choice Awards. Discover more at www.QDOBA.com or on the QDOBA app.
Modern Market Eatery is a food forward, sustainable fast casual restaurant concept that operates in Colorado, Texas, Arizona, and Indiana. Delivering the freshness and flavors of the market in a modern dining format and environment, Modern Market Eatery's menu of protein-centric bowls, garden fresh salads, toasted sandwiches and brick-oven pizzas redefine what it means to eat well at a reasonable price. For additional information about Modern Market Eatery, please visit www.modernmarket.com.
View original content to download multimedia:
SOURCE QDOBA
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https://www.cleveland19.com/prnewswire/2023/07/31/modern-restaurant-concepts-announces-appointment-prashant-budhale-chief-technology-officer/
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KALAMAZOO COUNTY, MI -- A 14-year-old girl trying to cross U.S. 131 in Schoolcraft was seriously injured when she was struck by a semi-truck, police said.
State police initially indicated the crash, which happened in the early afternoon hours of Monday, July 31, involved a fatality.
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| 2023-07-31T21:27:25
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TAMPA, Fla. (WFLA) — A Tampa suburb has been dubbed the best suburb to live in the state of Florida, according to Niche.
The website released its list of 2023’s Best Suburbs to Live in Florida, with multiple Tampa suburbs making the top 10 list.
However, when it came to the very best, Niche named Westchase the No. 1 suburb in the Sunshine State.
With a population of 24,185 people, Westchase got an A+ grade for its high marks on public schools, nightlife, diversity, health, and employment opportunities.
Niche listed Westchase’s median home value as $380,100 and a median rent of $1,698. The median household income for the neighborhood was also said be $103,521.
Residents who left reviews for Niche over the years described the area as a beautiful “one stop shop.”
“Beautiful community to live in,” one resident wrote. “I’m a native Tampan, and this is my second time living here, and hopefully the last time I will ever move.”
Other Tampa suburbs that listed in the top 10 were Keystone and Pebble Creek.
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Climate change has been an important issue for President Joe Biden since the beginning of his administration. And while a majority of Americans agree that we need to work to reduce global warming, the partisan divide surrounding climate change is growing.
"I don't think anybody can deny the impact of climate change anymore," Biden said during a press conference on extreme heat.
Amid a sizzling hot summer, Biden announced new actions to combat extreme heat and drought. It comes as Americans across the country are feeling first-hand evidence of the changing climate.
"All of these kinds of events are really starting to literally hit home. And many Americans are starting to go, 'Oh my God, this isn't distant in time and space. This is happening right now. And we need to act,'" said Anthony Leiserowitz, the director of the Yale Program on Climate Change Communication.
SEE MORE: Extreme heat expected to be costly, especially in Texas
According to polling from the Pew Research Center,a majority of Americans, 54%, think climate change is a major threat, but there's also a stark partisan divide. Over last 15 years, the percent of Democrats who say climate change is a major threat has gone up, while that answer went down among Republicans.
That partisan impact means politicians aren't the best messengers for climate change. But experts say new voices are stepping up to raise alarm about the warming planet in an impactful way.
"We're now seeing doctors and nurses talking about how climate change is showing up in their emergency room and in the waiting room. We're hearing from faith leaders saying our religion, Christianity, Judaism, Buddhism, Islam, all of these major leaders have said climate change is a fundamental moral issue that we must address as religious people," said Leiserowitz.
Local meteorologists can be some of the most effective messengers for climate change, and the White House appears to recognize that. The vice president's office has reached out to local weather forecasters to start a discussion on best practices for talking about climate change and its impact.
Trending stories at Scrippsnews.com
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BELOIT, Wis. — BELOIT, Wis. — Regal Beloit Corp. (RRX) on Monday reported earnings of $32.1 million in its second quarter.
Regal Beloit expects full-year earnings in the range of $10.20 to $10.60 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RRX at https://www.zacks.com/ap/RRX
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High prices ‘disproportionately pinching’ younger Americans, data shows
30% of Gen Z, 28% of millennials have no emergency savings
(InvestigateTV) — More than seven in 10 younger Americans are saving less because of inflation when compared to Gen X and baby boomers, a recent Bankrate.com survey found.
Sarah Foster is a principal writer for Bankrate.com. She said this is a time for younger Americans to be very mindful of how much they are spending and to hyper analyze their budgets.
Foster said the ultimate goal for Gen Z and millennials should be to make sure they are living within their means. She added there are several advantages to being young right now, especially when it comes to retirement contributions.
“Really the best way to gain wealth and beat inflation in the long run is to make sure that you’re holding a diverse portfolio of assets, including stocks,” Foster explained. “And so, we know that even if someone were to stop investing for three years because of inflation and they’re in their mid-twenties, they’d leave almost $200,000 on the table by the time they were 70.”
Foster said don’t stop retirement contributions during inflation. The amount can be reduced, but consistent contributions is key.
She said another reason younger Americans are being hit hard is they are early in their careers and haven’t reached their peak earnings.
Foster advised them to put any raises or extra money in savings or retirement accounts.
Bankrate has 11 tips for young Americans trying to reach financial goals during high inflation, including:
- Look for high-yield savings accounts that offer much better returns that traditional accounts
- Automate savings to build an emergency fund
- Wait 24 hours before any unnecessary purchases
Copyright 2023 Gray Media Group, Inc. All rights reserved.
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| 2023-07-31T21:27:27
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PHOENIX — PHOENIX — Republic Services Inc. (RSG) on Monday reported second-quarter net income of $427.4 million.
The waste management company posted revenue of $3.73 billion in the period, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $3.7 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RSG at https://www.zacks.com/ap/RSG
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| 2023-07-31T21:27:28
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2025 Cruises and Cruisetours from Alaska's Leading Cruise Line
on Sale August 3
Family Favorite Caribbean Princess to Sail Alaska for First Time
SANTA CLARITA, Calif., July 31, 2023 /PRNewswire/ -- Princess Cruises has unveiled its 2025 Alaska cruise and cruisetours season, featuring three captivating roundtrip itineraries and an exclusive new National Parks Cruisetour. These remarkable offerings are available for booking starting August 3.
New Adventures and Extended Journeys Await, including a Departure from LA:
New for 2025 from the cruise line that brings the most guests to Alaska every year is a 22-day roundtrip voyage sailing from San Francisco on Ruby Princess that coincides with the Summer Solstice, and a 17-day roundtrip cruise from Seattle on Grand Princess featuring three days of scenic glacier viewing. For guests seeking to sail from Southern California, a new 16-day roundtrip Inside Passage voyage from Los Angeles on Grand Princess offers a convenient and affordable option.
National Parks Cruisetour
Following its debut in 2024, the National Parks Cruisetour returns in 2025 with a 15-night adventure to five of Alaska's most breathtaking parks. Guests will have the opportunity to explore Glacier Bay, Denali, Wrangell-St. Elias, Kenai Fjords National Parks, and Klondike Gold Rush National Historical Park in Skagway. Unique to Princess, this experience combines a seven-day Voyage of the Glaciers cruise, scenic rail travel, and multiple days on land, including stays at four Princess-owned wilderness lodges.
"As the market leader in Alaska, we're excited to offer guests even more exciting ways to see the natural beauty of Alaska with itineraries in 2025 that serve up new adventures and extended journeys that first-time guests and repeat visitors are going to find intriguing," said John Padgett, Princess Cruises president. "We're also making it easier for guests to access an Alaska cruise by bringing back a roundtrip option out of Los Angeles, which also make it more affordable for millions within that drive market."
Caribbean Princess to Debut in Alaska in 2025
In 2025, seven Princess ships will sail to Alaska, including Caribbean Princess for the first time. In addition, the number of Princess homeports offering Alaska voyages expands to five with the addition of Los Angeles, with the season featuring 21 cruise destinations and four glacier-viewing experiences, highlighted by 88 visits to Glacier Bay National Park, taking more guests to this spectacular national park than any other cruise line.
With 155 total departures on 18 unique itineraries ranging in length from 4 to 22 days, cruise and cruisetour choices include:
Cruises – Seven Ships, Five Homeports
- NEW! Ultimate Alaska Solstice with Glacier Bay National Park: 22-day roundtrip from San Francisco on Ruby Princess – departs June 6, 2025
- NEW! Ultimate Alaska with Glacier Bay National Park: 17-day roundtrip from Seattle on Grand Princess – departs May 6, 2025
- Inside Passage with Glacier Bay National Park: 16-day roundtrip from Los Angeles on Grand Princess visiting Juneau, Skagway, Glacier Bay National Park, Sitka, Icy Strait Point, Ketchikan and Victoria, B.C. – departs August 30, 2025
- Voyage of the Glaciers: This top-rated seven-day itinerary features Juneau, Skagway, Ketchikan, and two glacier-viewing experiences at Glacier Bay National Park and Hubbard Glacier or College Fjord. Caribbean Princess, Coral Princess, and Sapphire Princess offer weekly northbound and southbound cruises from Vancouver, B.C. to Anchorage (Whittier) and vice versa. Guests can combine select seven-day voyages for an amazing 14-day Voyage of the Glaciers Grand Adventure – operates May 10 to September 13, 2025.
- Inside Passage: Princess' signature seven-day roundtrip sailings from Seattle and Vancouver, B.C., as well as 11-day roundtrip departures from San Francisco and Vancouver that include four ports of call and a day of glacier viewing. Many Inside Passage cruises include Glacier Bay National Park. Discovery Princess and Royal Princess sail from Seattle weekly, May 4 – September 21, 2025. Grand Princess offers weekly cruises from Vancouver, B.C., May 27 – August 19, 2025. Ruby Princess sails 11-day cruises roundtrip from San Francisco May 4 – September 13, 2025.
- Alaska Samplers: Three itineraries of four to five days offer shorter voyages for guests looking for a quick getaway. Discovery Princess, Royal Princess and Grand Princess operate four-day, roundtrip voyages between Vancouver, B.C. to Seattle with a stop in Ketchikan – departing April 30, May 13 and May 23, 2025. Caribbean Princess sails a four-day, roundtrip cruise from Vancouver, B.C., with a visit to Ketchikan departing September 13, 2025, and a five-day roundtrip cruise from Vancouver, B.C., with stops in Sitka and Ketchikan sailing May 5, 2025.
Cruisetours
- More than 26 cruisetour options give guests variety of choice with four styles of travel including Denali Explorer tours, On Your Own options, Connoisseur Deluxe Escorted and Off the Beaten Path.
- The exclusive Direct-to-the-Wilderness rail service ensures a seamless transition between the ship in Whittier and the Denali area on the same day.
Award-Winning North to Alaska Program
Princess' award-winning North to Alaska program enriches the onboard and onshore experience with local lumberjacks, Iditarod champions, and storytellers sharing their Alaska experiences and insights. Other offerings include Wild for Alaska seafood menus, a variety of shore excursions, Puppies in the Piazza to meet sled-dog puppies, Junior Ranger program for youth, and authentic commentary by Glacier Bay Park Rangers and Naturalists.
Visit www.princess.com/alaska for more details on the 2025 Alaska cruises and cruisetours season from Princess Cruises.
Additional information about Princess Cruises is available through a professional travel advisor, by calling 1-800-Princess (1-800-774-6237) or by visiting www.princess.com.
About Princess Cruises
Princess Cruises is The Love Boat, the world's most iconic cruise brand that delivers dream vacations to millions of guests every year in the most sought-after destinations on the largest ships that offer elite service personalization and simplicity customary of small, yacht-class ships. Well-appointed staterooms, world class dining, grand performances, award-winning casinos and entertainment, luxurious spas, imaginative experiences and boundless activities blend with exclusive Princess MedallionClass service to create meaningful connections and unforgettable moments in the most incredible settings in the world - the Caribbean, Alaska, Panama Canal, Mexican Riviera, Europe, South America, Australia/New Zealand, the South Pacific, Hawaii, Asia, Canada/New England, Antarctica, and World Cruises. The company is part of Carnival Corporation & plc (NYSE/LSE:CCL; NYSE:CUK).
View original content to download multimedia:
SOURCE Princess Cruises
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KALAMAZOO, MI -- A driver assaulted a police officer with a pocket knife and evaded officers before crashing, the Kalamazoo County Sheriff’s Office said.
On Monday, July 31, Richland Village Police Department officers pulled over a vehicle for a stolen plate violation near M-89 and East D Avenue.
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https://www.mlive.com/news/kalamazoo/2023/07/man-attacks-police-officer-with-pocket-knife-during-traffic-stop-chase-ensues.html
| 2023-07-31T21:27:31
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ANNA MARIA, Fla. (WFLA) — A young was hospitalized over the weekend after a shark bit his leg in the waters off Anna Maria Island, authorities said.
West Manatee Fire Rescue officials say it happened near Bean Point, on the northernmost end of Anna Maria.
“We are unsure as to the circumstances surrounding that. I am not sure if he was fishing, or if he was spearfishing, scuba diving.. We just know that he was obviously in the water at the time at that location and he was bitten in the lower leg . A tourniquet was applied by members of his party during the transport from that north end to the Kingfish Boat Ramp,” said Fire Marshal Rodney Kwiatkowski.
The man was transported to the hospital as a trauma alert. However, his condition Monday was unclear. Body camera footage released by the sheriff’s office shows the man was alert and talking when he connected with first responders. Locals are wishing him a full recovery.
“I just hope he ends up being okay,” said Sandy Myers.
Myers visits the island five times a week and says she often sees sharks near the piers.
“I don’t go in the water, but that’s only because it’s me; My husband is in the water every day. The water is going to have sharks. They live here; we invade them, they don’t invade us,” Myers added.
Beachgoers at Bean Point tell us they often find people shark fishing once the sun goes down.
“I think that people are perfectly safe in a swimming in the water. If they just kind of keep their eyes on fins, they will be safe, and the shallower, the better,” said longtime resident Sharon Dicks. “Just kind of be cautious with again a dark cloud in the water. Sometimes it is a manatee, and they are very friendly and nice, but if there is a shark coming, then just get out of the water,” she continued.
Others tell us the enjoy the north end because there are fewer crowds, but Catherine Garner says locals call the area “shark alley.”
“I don’t swim deep. I feel like that’s kind of asking for it. This is their playground,” said Garner.
Local officials don’t recall many shark bites in recent years, but still urge the public to remain vigilant.
“To my knowledge in the last 15 years that I have been here, this is a very rare occurrence. It’s maybe the third that I am aware of, so it is rare,” said Kwiatkowski. “Again, we want to be cognizant of our surroundings and do the best we can to be safe.”
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| 2023-07-31T21:27:32
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GLENDALE, AZ — The wait is finally coming to an end, and it’s a big dill for the West Valley picklers! Chicken N Pickle has officially set an opening date for its first Arizona location!
The indoor/outdoor entertainment complex broke ground at the Westgate Entertainment District in December of 2022. The business is now set to open this August!
Charles ‘CJ’ Hoyt, manager of the Glendale location, showed ABC15 around the newest location. Take a look:
The Chicken N Pickle Glendale location consists of three main building structures, which include: The Pickle Dome, the Paddle Bar and the main restaurant building. The rest of the amenities are outdoors, and certain areas are covered with awnings.
“The courts will all be by reservation. So you’ll go on our website, find a court and a time they you’re looking to come in and be able to reserve that for anywhere from a half hour up to two hours,” explained Hoyt.
There are six courts that are outside and they're all shaded.
The 11th pickleball court of the facility is called the “Be Amazing Court.” It's outside and connected to the main restaurant’s building. This court is covered by any awning as well.
The five outside courts have a “beer garden” associated with each of them. The space has a large mister to keep you cool and a television to not miss your other sporting event that you may be keeping your eye.
*ABC15 was granted an exclusive first look of the business prior to the grand opening date. Images may feature teams in training and crews putting the final touches on the location.
DON'T FORGET ABOUT THE CHICKEN
Here's a look inside the main restaurant building:
“We have wonderful food- that’s what I think surprises people a little bit when they come to Chicken N Pickle,” said Hoyt. “Our Chef driven menu- almost completely from scratch – so everything is made every day fresh, and the food stands out tremendously.
According to Hoyt, the location can fit more than 2,000 people on the property.
The courtyard is also dog friendly, so keep that in mind next time you head out to Glendale.
IF YOU GO
- Opening date: August 8
- Location: 9330 W. Hanna Ln. in Glendale
* The video in the player above showcases the best things to do in the Valley this month, new entertainment ventures and more. Read more about it, right here.
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(KTXL) — A semi-truck carrying 40,000 pounds of chocolate went up in flames on Monday morning in Placer County, according to CAL FIRE Nevada-Yuba-Placer.
At around 4:30 a.m., crews responded to the area of Interstate 80 and Highway 174 near Colfax for reports of a commercial vehicle fire.
When crews arrived on scene they found a fully involved fire in the trailer of the semi-truck and were able to keep the flames from spreading into the surrounding forestland.
No injuries were reported.
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| 2023-07-31T21:27:33
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The products and services mentioned below were selected independent of sales and advertising. However, Simplemost may receive a small commission from the purchase of any products or services through an affiliate link to the retailer's website.
Malala Yousafzai is a Barbie Girl in the real world.
It may not sound like a quality connected with the 26-year-old activist and Nobel Peace Prize winner. However, the proof is in a post of a photo showing her and her husband, Asser Malik, in a movie theater’s promotional “Barbie Box” this past weekend.
Yousafzai shared a picture on her social media channels that echoed the movie’s cast announcements, which were set on a Barbie-packaging backdrop and included marketing blurbs (“This Barbie is a mermaid,” “This Barbie has a Nobel Prize in physics” or “He’s just Ken”) for each character. Yousafzai and Malik look relaxed and happy in their photo. But it’s the caption that makes this post social media perfection.
“This Barbie has a Nobel Prize He’s just Ken,” she wrote.
This Barbie has a Nobel Prize He’s just Ken pic.twitter.com/Ljbqdfpgfd
— Malala Yousafzai (@Malala) July 30, 2023
MORE: ‘Barbie’ is hitting the big screen, but is the movie meant for kids?
And how does this Barbie’s “Ken” feel about his new title?
Malik countered with a comment that will be familiar to anyone who has seen the movie — specifically Ken’s “I am Kenough” sweatshirt in the closing scenes.
I’m Kenough
— Asser Malik (@MalikAsser) July 30, 2023
“I’m Kenough,” he replied, clearly in on his wife’s joke.
The Twitter post has nearly 42 million views and is closing in on 1 million likes as of July 31.
In a longer post on her Instagram account, Yousafzai shared the couple’s reaction to the movie and explained that her joke was not meant as a jab against her beloved husband.
“We loved the movie. It was so funny and thoughtful ,” she wrote in her Instagram post. “I hope this caption doesn’t hurt all the Kens as much as the movie Ken.”
These viral social media posts are the latest images of the evolution of Malala Yousafzai since the world first got to know her in 2012 at age 15, when she was attacked on a school bus in her homeland of Pakistan for speaking out in favor of education rights for all people.
Following her attack, her family moved to England, where the young girl continued to advocate for gender equality in education. In 2013, she wrote “I Am Malala,” a best-selling book which, along with other writings and outreach, helped the teenager to become the youngest Nobel Peace Prize winner in 2014.
Since that time, Yousafzai launched the Malala Fund, graduated from Oxford University and continues to advocate for accessible education for everyone.
This story originally appeared on Simplemost. Check out Simplemost for additional stories.
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| 2023-07-31T21:27:33
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‘I’ll be able to walk again’: 6-year-old shot in road rage incident confident about her future
LOUISVILLE, Ky. (WAVE/Gray News) – A 6-year-old’s life may be changed forever after she was shot in the back during a road rage incident on July 10, but that’s not crushing the young girl’s spirit.
Onyx, 6, was in the car with her family when a road rage incident with a group of motorcyclists in Kentucky led to a shooting.
A bullet went through the girl’s back and she had to have emergency surgery.
Onyx has been recovering since and may never walk again. Being in a wheelchair is her new reality.
“I really liked going through the hallways to test it out,” Onyx said, talking about her wheelchair. “I wanted to do it again and then I did.”
The 6-year-old who just wants to dance and play is finding comfort in doing donuts in her wheelchair.
Onyx said she remembers leaving the park on July 10, getting in the car and the moment when she was shot.
“I remember getting carried into the hospital,” she recalled.
Those chain of events left Onyx’s mother, Chyna Sands, with the task of telling her daughter her new reality.
Sands said she told Onyx the bullet severed her back and she can’t use her legs like she used to – a conversation that is still setting in for the young girl.
She’s had to explain to Onyx that she must be in a wheelchair because she can’t walk.
But Onyx didn’t let this get her down too much. She said she is tired of people saying what she can’t do. To her, she has no doubt about what the future holds.
“I’ll be able to walk again, I know I will,” Onyx said with confidence. “I believe that I will be able to walk again.”
That mindset is what Sands says keeps her going.
As of right now, no one has been charged for the shooting which keeps Sands on edge.
“They want me to be patient, but I am out of patience,” Sands said. “I would like to see justice for an innocent 6-year-old who was minding her own business.”
While those responsible are out free, small things like getting into a car are now triggers of trauma.
“Because I got shot in the back, and I’m a little bit scared to get in the car because it brings back the memories,” Onyx said.
Hearing Onyx say that is a hard pill to swallow for a mother that loves to travel everywhere with her daughter.
“As her mom, I’m used to being her superhero,” Sands said. “I fix all of her problems and that’s something that I can’t fix.”
Copyright 2023 WAVE via Gray Media Group, Inc. All rights reserved.
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SAN JOSE, Calif. — SAN JOSE, Calif. — Sanmina Corp. (SANM) on Monday reported earnings of $76.5 million in its fiscal third quarter.
For the current quarter ending in September, Sanmina expects its per-share earnings to range from $1.47 to $1.57.
The company said it expects revenue in the range of $2.1 billion to $2.2 billion for the fiscal fourth quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SANM at https://www.zacks.com/ap/SANM
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| 2023-07-31T21:27:34
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CHANDLER, AZ — Two people have been arrested in connection to an illegal fentanyl bust in Chandler.
On July 26, detectives with the Chandler Police Department Narcotics Unit arrested a man during a drug investigation.
At the time of his arrest, he was allegedly found to be transporting 3,000 fentanyl pills. A search warrant was obtained to search his apartment in Mesa where authorities found more drugs.
At the apartment, detectives seized 51,000 fentanyl pills, $31,760 in cash, and 10 firearms, according to Chandler PD.
A woman was also arrested on related charges.
They were both booked into jail on several charges related to narcotics, illegal firearms possession, and money laundering.
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PINELLAS COUNTY, Fla. (WFLA) — The Pinellas County Sheriff’s Office put out a warning, asking the public not to call 911 they see a group of manatees piled up near the shoreline.
The law enforcement agency posted a video on social media after getting 911 calls from citizens who believed the manatees were in distress, when they were actually mating.
The video was posted on Facebook with Marvin Gaye’s song “Let’s Get It On.”
“If you see this, don’t call us. They are more than fine. It’s mating season,” the post said. “If you see this, no you didn’t. We get calls all the time from citizens when they see this, believing the manatees are in distress. We can assure you they are more than fine. Manatees actually mate in herds like these and often they are near the shore. They mate all throughout the year but generally mating herds like these are seen in the summer.”
“When people see it, it is in shallow waters, so with a lot of commotion, it can look like manatees are getting injured for onlookers who are definitely fearful and want to make sure manatees are doing ok, but it’s very common for this to happen,” Jaime Vaccaro, Assistant Curator of Florida/Manatees with Zoo Tampa explained.
“There’s usually one female and multiple males. So you could see anywhere from 5 plus manatees together at one time,” Vaccaro added. “Typically, if you see a manatee distressed, it’s going to be a solo animal. you may see injuries on its exterior, you may see a manatee breathing frequently.”
It’s illegal to touch a manatee, and experts say you should never disturb their mating, as it’s crucial to help the threatened species survive.
“You want to make sure that you’re keeping your distance for your safety and for theirs,” said Vaccaro.
If you see a manatee that is in distress, you should contact FWC.
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| 2023-07-31T21:27:35
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Celebrate the Blooms with Inaugural National Sunflower Day on August 5
BISMARCK, N.D., July 31, 2023 /PRNewswire/ -- In late July and into August, vast fields of brilliant yellow sunflowers blanket North Dakota during the peak growing season and visitors are awed by the landscape awash in summery hues. This year, North Dakota Tourism invites visitors to celebrate these picturesque fields with the inaugural National Sunflower Day on August 5, 2023.
The National Day Calendar recognition, slated for the first Saturday each August, is a collaboration between the National Sunflower Association and North Dakota Tourism and recognizes the inherent happiness the sunflowers evokes and the prominence of North Dakota's agricultural industry in growing the cheerful blooms.
For visitors planning a picture-perfect road trip for National Sunflower Day and beyond, North Dakota Tourism has launched the state's 2023 Sunflower Blooms Guide detailing the location of more than a dozen stunning sunflower fields. Weekly bloom updates will highlight the progress of the seasonal color as it unfolds across the state making the map a perfect tool for making the most of the waning days of summer. North Dakota Tourism is also making an ideal road trip snack available to visitors with packets of savory sunflower seeds in mailboxes at select fields.
To capture the iconic blooms in photos and videos, keep the following tips in mind:
- In general, visitors are welcome to stop by fields included on the Sunflower Blooms Guide as long as they are respectful and don't enter or drive into the fields.
- Scout the field location early to capture that golden hour image or video just-after sunrise or just-before sunset. Visitors will want to set up early to take advantage of the golden hues.
- Keep in mind that cloudy days are often some of the best times to capture vibrant close-ups and more subtle variations in shadows.
- Tag your photos and videos on social media using #BeNDLegendary to celebrate your love of the sunny blooms.
- Fuel your photoshoot with a beloved North Dakota snack with Fargo's irresistible SunButter made from roasted sunflower seeds or Wahpeton's Giants Snacks with original and kettle roasted flavors of sunflower seeds.
As the top sunflower producing state last year, North Dakota farmers planted 702,000 acres of the beautiful blooms in 2022, and the state is the top producer of edible sunflower seeds in the U.S. More sunflower recipes, videos and little-known facts are available at Brighten Your Day with the Amazing Sunflower. For more on planning a trip to North Dakota, visit NDtourism.com.
Follow North Dakota Tourism on Facebook at www.facebook.com/TravelND, on Instagram at https://www.instagram.com/northdakotalegendary/ on or on Twitter at http://twitter.com/NorthDakota and get tips on what to see and do all year long.
View original content to download multimedia:
SOURCE North Dakota Tourism Division
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| 2023-07-31T21:27:36
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GRAND HAVEN, MI -- It was a beautiful blue sky Monday afternoon in Grand Haven as thousands of people welcomed United States Coast Guard vessels into port at “Coast Guard City USA”.
Flying a large American flag and spraying their water cannons, the USCGC Bristol Bay (WTGB-102) was the first of three large U.S. Coast Guard ships to enter the Grand River channel on July 31. Flying overhead, eyes turned to the sky as a USCG HH-65 Dolphin helicopter slowly flew overhead.
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https://www.mlive.com/news/muskegon/2023/07/parade-of-ships-arrive-in-grand-haven-as-coast-guard-festival-begins.html
| 2023-07-31T21:27:37
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LAKELAND, Fla. (WFLA) — A family member of a Lakeland rapper says his dreams of moving to Atlanta and further pursuing a career in music were cut short by bullets this weekend.
“Our family is so broken. We can’t even imagine it. I wake up and I just hope it’s a dream,” said Elecia Crawford Sullivan.
Raheem Bacon, 25, of Lakeland, started showing interest in music as a young teenager, maybe even earlier.
His brother, Dwayne Bacon, is a professional basketball player.
While Raheem Bacon also played basketball growing up, his passion was music.
“He really was into music. He really wanted to have his own path. He didn’t want to follow and I respect that,” said Sullivan, Bacon’s aunt.
Over the years, Bacon, a Lake Gibson High School graduate who is known by his rap name 350Heem, filmed a music video in Sullivan’s garage.
When he started making money from music, he offered to pay two of his aunt’s mortgage payments.
“That was so special to me because he just thought about it. You know what I mean? He thought about it. He was so excited about getting a deal, getting started, letting his music take off,” said Sullivan.
According to Sullivan, Bacon, a 25-year-old father of two young children, was celebrating the launch of his new rap album, Taking Chances 3, at the Jade Fox Lounge in Lakeland Friday night.
“Our officers were working an off-duty detail there. There were two officers there at the time. It’s not uncommon for businesses to hire off-duty detail officers for events like that,” said Lakeland Police public information officer Stephanie Kerr.
During an altercation in the parking lot as the event was ending early Saturday morning, Bacon and a 48-year old woman were shot.
After the shooting, Bacon was rushed to the hospital, where he was pronounced dead.
“It never dawned on me what that doctor was about to say. To the point when he said it, I looked at him and I said ‘No, you talking about somebody else. We’re Raheem’s family,” said Sullivan.
The female victim remains in critical but stable condition at the hospital, according to police.
Officers arrested Jamilah Johnson, 23, on a charge of possession of a firearm by a convicted felon.
A gun, reported stolen in 2015, was recovered at the scene.
The owner of Jade Fox Lounge says he is “very shocked” at what occurred.
“We will continue to work with our security and LPD to ensure that we are and will do the best that we can to provide a safe environment for ourselves and clients,” the owner, Jian Zhang said in a statement. “The incident happened outside the parking lot. We have no control or the right to search what people might have in their vehicle.”
Zhang said he does not have a date in mind to reopen his business.
As rumors swirl about what led up to this altercation, to Sullivan this incident is all about the loss.
“I’m trying to say to my family, we need to be above the noise because at the end of the day, there is nothing nobody can say or do to make this make sense to me, to make this be right,” she said.
Sullivan also has a message about gun violence in general.
“We need to stop and think about the things we’re saying, the things we’re doing and where we’re letting anger take us,” she said.
Police ask anyone with information on the shooting to contact Detective Neal Robertson at neal.roberston@lakelandgov.net.
Persons who wish to remain anonymous can contact Heartland Crime Stoppers:
- Call 1-800-226 TIPS (8477)
- From a cell phone, dial **TIPS
- Visit the website www.heartlandcrimestoppers.com and click on “Submit A Tip,”
- Or download the free “P3tips” app on a smartphone or tablet.
Tipsters will always remain anonymous when they send a tip through Crime Stoppers, and they are eligible for a cash reward if their information leads to an arrest.
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https://www.wfla.com/news/polk-county/lakeland-rapper-killed-at-his-own-album-release-party-family-says/
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BOISE, Idaho — During her sentencing hearing Monday in Boise, Lori Vallow Daybell was allowed to speak on her own behalf before the judge sentenced her to life in prison without parole for the murder of her children, J.J. Vallow and Tylee Ryan.
Below is the transcription of Vallow Daybell's statement:
"I would like to start by quoting John from the New Testament in the Bible.
In John chapter 8 verse 7, Jesus says, “He that is without sin among you, let him cast first cast a stone at her.” Then, in verse 15, Jesus says, “You judge after the flesh. I judge no man. And yet if I judge, my judgment is true.”
Jesus knows me and Jesus understands me. I mourn with all of you who mourn my children and Tammy. Jesus Christ knows the truth of what happened here.
Jesus Christ knows that no one was murdered. In this case. Accidental deaths happen. Suicide, happen. Fatal side effects from medications happen.
I have a different perspective in life because in 2002, when I was pregnant with Kylie, I died in the hospital while in labor with her. They tried to stop my labor, they put me on the table
and they put something in my IV, and I felt my spirit falling to the floor. I was standing near my pregnant body watching the doctors try to revive me which took them a few minutes.
In that time my sister, Stacy, was standing to my left. I turned to hug her and was surprised that her spirit was as tangible as a physical body because I knew I was in spirit, and she was in spirit.
She said she needed to show me some things and we went to heaven.
I later returned to my body. Because of this experience I have access to heaven and the spirit world. Since then, I have had many communications from people now living in heaven,
including my children, Tylie, Ashland and Joshua Jackson; my sisters, Stacy and Lolly, my aunts and my uncles and my grandparents.
I've had many communications with Jesus Christ, the savior of this world and our heavenly parents. I have had many angelic visitors, have come and communicated with me and even manifested themselves to me because of these communications,
I know for a fact that my children are happy and busy in the spirit world.
Because of my communications with my friend, Tammy Daybell, I know that she is also very happy and extremely busy.
I have always mourned the loss of my loved ones and I have lost many in this mortal world. However, I know that more than most people, I know where they are now and what they're doing. I know how wonderful heaven is and I'm homesick for it every single day.
I know we all lived in heaven before we were born on Earth, and we were all adult spirits in the heavenly realm.
We chose to come to earth as mortals. Heaven is more wonderful than you can possibly imagine.
I do not fear death, but I look forward to it. I do not, I did not want to return to my body when I was out of it.
Even though my son Colby, who I adored more than anything, was only six years old at the time, and I was about to give birth to this new baby girl that I wanted so badly. I was a young mother, and you would think I wouldn't want to leave my children. But as I stood in Heaven. I did not want to go back. I thought they would be fine without me because I was peaceful and I was happy and I was home.
But then I was told by Jesus that I needed to go back and complete things that I had covenanted or promised to do before I was born. This caused me a lot of distress because I knew Heaven was my real home and I only wanted to be there.
I was free from pain, emotional, and physical. But then I was shown how I would help my children and others in the future. So ultimately, I did agree to go back to my body.
Tylee has visited me. She is happy and very busy. Tylee is free now from all the pains of her life.
Tylee suffered horrible physical pain her whole life. I sat with Tylee in the hospital, year after year after year while she screamed in pain when the morphine wasn't even enough to take away the pain of her pancreatitis.
I sat there while she cried, and I held back her hair while she threw up and I am the only person on this earth who knows how much Tylee suffered in her life.
She had pain every single day. She never felt good. Her body did not work right and I don't know if that was from complications from me dying while she was being born or something else, but she had a very difficult life.
She was sexually abused by her own biological father since she was three years old, and she was forced by family court to go visit him for 10 years against her will. I fought for her. In court I protected her. I tried to protect her with my whole life I tried to protect her. I worried about her every single day.
Tylee had to get her GED because she couldn't go to school every day because she never felt good. She felt sick. Nobody knows this because Tylee, like myself, tries to put on a good front, tries to be a happy person, tries to have hope in life, tries to know that she's here for a purpose, and that she has an eternal purpose to be on this Earth.
But I never stopped worrying about her.
One of the times that Tylee came to me as a spirit after she died. She said she commanded me and she said to me, “Stop worrying, mom. We are fine.” She knows how I worry and how I miss her.
The first time JJ visited me after he passed away, he put his arm around me and he said to me, “You didn't do anything wrong, mom. I love you, and I know you loved me every minute of my life.”
Joshua Jackson was an adult spirit and he was very, very tall when he put his arm around me.
He is busy. He is engaged. He has jobs that he does there, and he is happy where he is. His life was short, but JJ's life was meaningful. JJ was a wonderful person and touched the lives of everyone and I adored him every minute of his life.
My eternal friend, Tammy Daybell, has visited me on several occasions. She came to bring me peace and comfort and I know that she is extremely busy helping her family, especially her children and grandchildren. And I have a great love for Tammy.
My beautiful children, Tylee Ashley and Joshua Jackson, rest safely this day in the arms of Jesus.
My wonderful friend, Tammy Daybell, rest safely this day in the arms of Jesus.
And I look forward to the day when we are all reunited and I too will rest with them in the arms of my Jesus."
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https://www.abc15.com/news/national/watch-lori-vallow-daybells-full-statement-at-idaho-murder-sentencing
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BOCA RATON, Fla. — BOCA RATON, Fla. — SBA Communications Corp. (SBAC) on Monday reported a key measure of profitability in its second quarter. The results exceeded Wall Street expectations.
The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of $3.14 per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $203.6 million, or $1.87 per share.
The communications tower operator, based in Boca Raton, Florida, posted revenue of $678.5 million in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $675.8 million.
SBA Communications expects full-year funds from operations in the range of $12.80 to $13.16 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBAC at https://www.zacks.com/ap/SBAC
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https://www.washingtonpost.com/business/2023/07/31/earns-sba-communications/71ea976c-2fdf-11ee-85dd-5c3c97d6acda_story.html
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Jury poised to deliberate death penalty or life sentence for gunman in Pittsburgh synagogue massacre
PITTSBURGH (AP) — A jury is set to deliberate whether to impose the death penalty or a sentence of life in prison without parole on a man who spewed antisemitic hate before fatally shooting 11 worshippers at a synagogue in the heart of Pittsburgh’s Jewish community.
The same jurors who convicted 50-year-old Robert Bowers in June on 63 criminal counts listened to closing arguments Monday in the penalty phase of his federal trial, held nearly five years after the truck driver from suburban Baldwin perpetrated the deadliest attack on Jews in U.S. history.
The extent to which mental illness and Bowers’ difficult childhood played a role in the massacre dominated the lawyers’ arguments for and against capital punishment.
Speaking for the government, U.S. Attorney Eric Olshan said Bowers was clearly motivated by religious hatred when he entered the Tree of Life synagogue on Oct. 27, 2018, and opened fire with an AR-15 rifle, shooting everyone he could find.
The gunman raved incessantly on social media about his hatred of Jewish people — using a slur for Jewish people some 400 times on a platform favored by the far right — and remains proud that he killed Jews, the prosecutor reminded jurors.
“Do not be numb to it. Remember what it means. This defendant targeted people solely because of the faith that they chose,” Olshan said.
He added: “This is a case that calls for the most severe punishment under the law: the death penalty.”
Bowers’ lead defense attorney, Judy Clarke, acknowledged the horror of his crimes but urged jurors to opt for mercy and a life sentence.
Bowers’ attorneys have argued that he has schizophrenia, a serious brain disorder whose symptoms include delusions and hallucinations, and that Bowers attacked the synagogue out of a delusional belief that Jews were helping to bring about a genocide of white people by coming to the aid of refugees and immigrants. On Monday, Clarke recounted Bowers’ history of psychiatric hospitalizations, including an extended stay in a residential juvenile mental health program.
The defense also presented evidence of Bowers’ difficult childhood.
“What has happened cannot be undone. We can’t rewind the clock and make it that this senseless crime never happened. All we can do is make the right decision going forward. We are asking you to make the right decision, and that is life,” Clarke said in her closing argument.
A life sentence would mean that “prison is where Mr. Bowers will die in obscurity, not as a hero and not as a martyr,” she said.
Olshan, the prosecutor, disputed the defense experts’ diagnosis of schizophrenia, asserting that Bowers was not suffering psychosis but had chosen to believe white supremacist rhetoric. And while acknowledging that Bowers was a depressed, neglected child, Olshan downplayed the significance of it, noting that Bowers had held jobs, paid bills, and was an otherwise functioning adult.
“He was not a child, he was a grown man. He was responsible for his actions, not his family and things that happened decades earlier. He was, he is responsible for his actions,” Olshan said.
Clarke retorted that “childhood matters.”
“It defies reality to say he got better, he’s fine, he’s just an evil guy. What it does is reflects a complete misunderstanding of serious mental illness,” she said.
In order to impose death, jurors must find that aggravating circumstances, which make the crime especially heinous, outweigh mitigating factors that could be seen as diminishing his culpability. Those aggravating circumstances could include the vulnerability of Bowers’ elderly and disabled victims and his targeting of Jewish people.
Olshan played a composite of 911 calls made from inside the synagogue, including audio of people being shot and a survivor’s horrified screams.
He said Bowers had taken “11 people, 11 full lives, 11 people who loved their families, 11 people who loved their friends, 11 people who were loved. ... How do you measure the impact of all of that loss?”
The prosecutor spoke about 75-year-old Joyce Fienberg’s care for her family and 65-year-old Richard Gottfried’s devotion to his faith. He said Dr. Jerry Rabinowitz, 66, had the ethos of a country doctor: “He loved delivering babies but he never delivered judgment.” David Rosenthal, 54, and Cecil Rosenthal, 59, intellectually disabled brothers, “loved life,” Olshan said. “But maybe more than anything, they loved Tree of Life.”
The other deceased victims were Rose Mallinger, 97; Bernice Simon, 84, and her husband, Sylvan Simon, 86; Dan Stein, 71; Melvin Wax, 87; and Irving Younger, 69.
The attack also wounded seven people, including five responding police officers. Bowers was shot three times before surrendering when he ran out of ammunition.
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Rubinkam reported from northeastern Pennsylvania.
Copyright 2023 The Associated Press. All rights reserved.
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https://www.wcjb.com/2023/07/31/jury-poised-deliberate-death-penalty-or-life-sentence-gunman-pittsburgh-synagogue-massacre/
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WATKINSVILLE, Ga. and ELBERTON, Ga., July 31, 2023 /PRNewswire/ -- Oconee Financial Corporation (OTCQX: "OSBK") ("Oconee") announced today it has completed its acquisition of Elberton Federal Savings & Loan Association ("Elberton Federal") of Elberton, GA, and its related common stock offering, in a conversion merger transaction, effective July 31, 2023.
As a result of the conversion merger, Elberton Federal converted from a mutual savings association to a stock savings association and immediately merged with and into Oconee's wholly owned subsidiary, Oconee State Bank. On August 1, 2023, Elberton Federal's financial center on East Church Street in Elberton will open as a branch of Oconee State Bank.
In the stock offering required by regulations applicable to the merger conversion, Oconee sold 149,015 shares of common stock, at a discounted price of $28.94 per share, to depositors and borrowers of Elberton Federal in a subscription offering, and to stockholders of Oconee and members of the general public in a community offering. Gross offering proceeds totaled approximately $4.3 million. The stock offering was oversubscribed.
"We are thrilled by the overwhelming interest we received from investors in the offering," remarked Oconee President and CEO Neil Stevens. "The transaction closed at the maximum of the authorized offering range and generated a lot of interest in the banking experience we are bringing to our customers."
Stevens continued: "We welcome the addition of Elberton Federal President and CEO Daniel Graves, a number of new teammates, and our newest customers in Elbert County. We aim to provide them the same high level of service and care our current customers enjoy."
Graves will serve as Senior Vice President and Community President of the Northeast Georgia market.
"It is a privilege to join such a high-quality institution and group of people in partnering with Oconee," Graves said. "Neil and I talk often about the importance of culture, and this is a perfect fit. We are thrilled about the opportunity this presents for our people and our customers, and we look forward to being an even more meaningful part of the next chapter of prosperity in Elbert County."
Performance Trust Capital Partners assisted Oconee, on a best-efforts basis, in selling its common stock in the subscription and community offerings and served as financial advisor to Oconee in connection with the merger. RP Financial LC provided the conversion appraisal. Alston & Bird LLP served as legal counsel to Oconee, Fenimore Kay Harrison LLP served as legal counsel to Elberton Federal, and Luse Gorman PC served as legal counsel to Performance Trust Capital Partners.
About Oconee Financial Corporation
Oconee State Bank was established in 1960 and is headquartered in Watkinsville, Georgia. It operates six full-service financial centers in Georgia, located in Oconee, Athens-Clarke, Gwinnett, and Macon-Bibb counties, including its newest location in Elbert County. Pro forma for this transaction, the bank has approximately $556 million in assets. The bank is the only locally owned and operated community bank headquartered in Oconee County. Oconee State Bank proudly serves its communities, providing unparalleled commitment to personalized service, innovative products and solutions, and brings exceptional value to all stakeholders, through local ownership, involvement, and decision making. The bank strives to be essential to those it serves, by creating remarkable experiences that significantly mark the lives of others. Oconee Financial Corporation was established in January 1999 to serve as the holding company of Oconee State Bank.
Please visit Oconee State Bank's website, www.oconeestatebank.com for a full listing of products and services.
View original content:
SOURCE Oconee Financial Corporation
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https://www.cleveland19.com/prnewswire/2023/07/31/oconee-financial-corporation-completes-acquisition-elberton-federal-savings-amp-loan-association-related-common-stock-offering/
| 2023-07-31T21:27:42
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https://www.cleveland19.com/prnewswire/2023/07/31/oconee-financial-corporation-completes-acquisition-elberton-federal-savings-amp-loan-association-related-common-stock-offering/
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The following is a listing of all home transfers in Wayne County reported from July 24 to July 30. There were 327 transactions posted during this time. During this period, the median sale for the area was a 1,060-square-foot home on Churchill Street in Southgate that sold for $160,000.
Allen Park
14921 Anne Ave., Allen Park, $122,000, 1,265 square feet, $96 per square-foot, two bathrooms.
15836 Beatrice Ave., Allen Park, $134,761, 928 square feet, $145 per square-foot, one bathroom.
15616 Anne Ave., Allen Park, $175,000, 1,062 square feet, $165 per square-foot, one bathroom.
9632 Fox Ave., Allen Park, $178,000, 940 square feet, $189 per square-foot, one bathroom.
15747 Angelique Ave., Allen Park, $205,000, 1,126 square feet, $182 per square-foot, one bathroom.
8981 Niver Ave., Allen Park, $335,000, 1,584 square feet, $211 per square-foot, three bathrooms.
Belleville
354 E. Huron River Drive, Belleville, $121,500, 1,056 square feet, $115 per square-foot, two bathrooms.
248 Roland Street, Belleville, $245,000, 1,125 square feet, $218 per square-foot, one bathroom.
Brownstown Township
20705 Newman Drive, Brownstown Township, $100,000, 1,085 square feet, $92 per square-foot, three bedrooms and two bathrooms.
19183 Gudith Road, Brownstown Township, $412,000, 2,217 square feet, $186 per square-foot, three bedrooms and four bathrooms.
Canton
39750 Bart Street, Canton, $187,975, 981 square feet, $192 per square-foot, one bathroom.
7004 Harvard Lane, Canton, $190,000, 1,200 square feet, $158 per square-foot, two bathrooms.
645 Georgetown Street, Canton, $246,000, 1,005 square feet, $245 per square-foot, one bathroom.
3579 Shepherd Lane, Canton, $260,000, 1,391 square feet, $187 per square-foot, two bathrooms.
45145 Horseshoe Circle, Canton, $275,000, 1,522 square feet, $181 per square-foot, three bedrooms and three bathrooms.
3247 River Meadow Circle, Canton, $300,000, 1,319 square feet, $227 per square-foot, two bathrooms.
39990 Coronation Road, Canton, $310,000, 1,005 square feet, $308 per square-foot, one bathroom.
45090 Rudgate Road, Canton, $315,000, 1,529 square feet, $206 per square-foot, two bathrooms.
43750 Simsbury Street, Canton, $359,000, 1,788 square feet, $201 per square-foot, three bathrooms.
7232 Provincial Court, Canton, $385,000, 1,514 square feet, $254 per square-foot, three bathrooms.
4297 Forest Bridge Drive, Canton, $420,000, 1,837 square feet, $229 per square-foot, three bathrooms.
Dearborn
2041 Geneva Street, Dearborn, $98,000, 1,260 square feet, $78 per square-foot, two bedrooms and one bathroom.
7611 Freda Street, Dearborn, $100,000, 1,738 square feet, $58 per square-foot, three bedrooms and two bathrooms.
22700 Garrison Street, Dearborn, $110,000, 1,112 square feet, $99 per square-foot, two bedrooms and two bathrooms.
3852 Katherine Street, Dearborn, $130,000, 754 square feet, $172 per square-foot, two bedrooms and two bathrooms.
21936 Morley Ave., Dearborn, $172,500, 963 square feet, $179 per square-foot, two bedrooms and one bathroom.
1911 Pelham Street, Dearborn, $172,500, 894 square feet, $193 per square-foot, three bedrooms and two bathrooms.
3004 Monroe Street, Dearborn, $179,900, 1,293 square feet, $139 per square-foot, three bedrooms and one bathroom.
22209 Francis Street, Dearborn, $179,900, 1,132 square feet, $159 per square-foot, three bedrooms and one bathroom.
3151 Houston Street, Dearborn, $185,000, 1,155 square feet, $160 per square-foot, three bedrooms and one bathroom.
24630 New York Street, Dearborn, $195,000, 1,096 square feet, $178 per square-foot, three bedrooms and one bathroom.
2915 Academy Street, Dearborn, $206,000, 1,080 square feet, $191 per square-foot, three bedrooms and two bathrooms.
1825 Linden Street, Dearborn, $212,000, 1,020 square feet, $208 per square-foot, three bedrooms and two bathrooms.
1849 N. Martha Street, Dearborn, $215,500, 1,152 square feet, $187 per square-foot, three bedrooms and two bathrooms.
2031 Geneva Street, Dearborn, $217,000, 1,092 square feet, $199 per square-foot, three bedrooms and one bathroom.
23828 Oxford Street, Dearborn, $230,000, 943 square feet, $244 per square-foot, two bedrooms and two bathrooms.
2630 Southfield fwy., Dearborn, $240,000, 1,473 square feet, $163 per square-foot, three bedrooms and two bathrooms.
1464 Birchcrest Drive, Dearborn, $240,000, 1,028 square feet, $233 per square-foot, three bedrooms and two bathrooms.
2227 Hubbell Street, Dearborn, $250,000, 1,368 square feet, $183 per square-foot, three bedrooms and two bathrooms.
6524 Barrie Street, Dearborn, $278,000, 1,479 square feet, $188 per square-foot, five bedrooms and two bathrooms.
205 S. Melborn Street, Dearborn, $285,000, 1,476 square feet, $193 per square-foot, four bedrooms and two bathrooms.
5221 Royal Vale Lane, Dearborn, $285,000, 1,610 square feet, $177 per square-foot, two bedrooms and two bathrooms.
6939 Hartwell Street, Dearborn, $293,000, 1,620 square feet, $181 per square-foot, three bedrooms and three bathrooms.
4753 Maddie Lane, Dearborn, $295,000, 2,052 square feet, $144 per square-foot, three bedrooms and three bathrooms.
144 S. Melborn Street, Dearborn, $320,000, 1,780 square feet, $180 per square-foot, four bedrooms and two bathrooms.
420 Fort Dearborn Street, Dearborn, $385,000, 1,531 square feet, $251 per square-foot, three bedrooms and two bathrooms.
23300 Lawrence Ave., Dearborn, $390,000, 1,883 square feet, $207 per square-foot, three bedrooms and three bathrooms.
147 Claremont Street, Dearborn, $410,000, 1,549 square feet, $265 per square-foot, three bedrooms and two bathrooms.
20 Turnberry Lane, Dearborn, $435,000, 2,128 square feet, $204 per square-foot, two bedrooms and two bathrooms.
22300 Garrison Street, Dearborn, $491,000, 2,484 square feet, $198 per square-foot, four bedrooms and two bathrooms.
24864 Winona Street, Dearborn, $500,000, 2,471 square feet, $202 per square-foot, four bedrooms and three bathrooms.
Dearborn Heights
3805 S. Beech Daly Street, Dearborn Heights, $88,173, 736 square feet, $120 per square-foot, two bedrooms and two bathrooms.
25201 Stanford Street, Dearborn Heights, $110,000, 841 square feet, $131 per square-foot, one bathroom.
5420 Dudley Street, Dearborn Heights, $112,000, 768 square feet, $146 per square-foot, two bedrooms and one bathroom.
6050 Nightingale Street, Dearborn Heights, $139,900, 761 square feet, $184 per square-foot, two bedrooms and one bathroom.
25917 Eton Ave., Dearborn Heights, $154,000, 924 square feet, $167 per square-foot, three bedrooms and one bathroom.
4703 Academy Street, Dearborn Heights, $155,000, 950 square feet, $163 per square-foot, three bedrooms and one bathroom.
8664 Dale Street, Dearborn Heights, $185,000, 1,012 square feet, $183 per square-foot, three bedrooms and one bathroom.
4202 Gertrude Street, Dearborn Heights, $212,800, 1,066 square feet, $200 per square-foot, three bedrooms and one bathroom.
8483 Riverdale Street, Dearborn Heights, $225,500, 1,044 square feet, $216 per square-foot, three bedrooms and one bathroom.
5733 McMillan Street, Dearborn Heights, $245,000, 1,120 square feet, $219 per square-foot, three bedrooms and one bathroom.
5761 N. Lafayette Street, Dearborn Heights, $255,000, 1,198 square feet, $213 per square-foot, two bathrooms.
20591 Brooklawn Drive, Dearborn Heights, $260,000, 1,480 square feet, $176 per square-foot, three bedrooms and three bathrooms.
3924 Tulane Street, Dearborn Heights, $277,000, 1,857 square feet, $149 per square-foot, three bedrooms and two bathrooms.
1402 N. Charlesworth Street, Dearborn Heights, $350,000, 1,368 square feet, $256 per square-foot, two bathrooms.
6208 Cambridge Street, Dearborn Heights, $370,000, 1,496 square feet, $247 per square-foot, three bedrooms and two bathrooms.
26795 Cecile Street, Dearborn Heights, $417,000, 1,767 square feet, $236 per square-foot, two bathrooms.
27210 Doxtator Street, Dearborn Heights, $500,000, 1,396 square feet, $358 per square-foot, three bedrooms and three bathrooms.
425 Rosemary Street, Dearborn Heights, $565,000, 2,134 square feet, $265 per square-foot, four bedrooms and three bathrooms.
Detroit
11725 Greenview Ave., Detroit, $12,500, 675 square feet, $19 per square-foot, one bathroom.
12258 Rosemary Street, Detroit, $15,000, 1,479 square feet, $10 per square-foot, one bathroom.
14640 Greenlawn Street, Detroit, $19,200, 856 square feet, $22 per square-foot, one bathroom.
16234 Maddelein Street, Detroit, $20,000, 717 square feet, $28 per square-foot, one bathroom.
2248 S. Deacon Street, Detroit, $22,535, 732 square feet, $31 per square-foot, one bathroom.
9790 Philip Street, Detroit, $22,734, 784 square feet, $29 per square-foot, one bathroom.
15491 Grayfield Street, Detroit, $23,000, 926 square feet, $25 per square-foot, one bathroom.
20500 McCormick Street, Detroit, $27,000, 842 square feet, $32 per square-foot, one bathroom.
15905 Evergreen Road, Detroit, $27,500, 708 square feet, $39 per square-foot, one bathroom.
6401 Mansfield Street, Detroit, $28,000, 707 square feet, $40 per square-foot, one bathroom.
16158 Tuller Street, Detroit, $29,000, 1,224 square feet, $24 per square-foot, two bathrooms.
15359 Parkside Street, Detroit, $29,121, 1,122 square feet, $26 per square-foot, two bathrooms.
19372 Woodbine Street, Detroit, $30,000, 713 square feet, $42 per square-foot, one bathroom.
15479 Northlawn Street, Detroit, $30,100, 1,020 square feet, $30 per square-foot, one bathroom.
12870 Fielding Street, Detroit, $33,000, 1,017 square feet, $32 per square-foot, one bathroom.
13873 Carlisle Street, Detroit, $35,000, 1,147 square feet, $31 per square-foot, one bathroom.
14541 Westwood Street, Detroit, $35,000, 1,134 square feet, $31 per square-foot, one bathroom.
3708 Buckingham Ave., Detroit, $35,000, 1,196 square feet, $29 per square-foot, two bathrooms.
8774 Orangelawn Street, Detroit, $35,000, 1,171 square feet, $30 per square-foot, one bathroom.
8055 Senator Street, Detroit, $36,000, 1,230 square feet, $29 per square-foot, one bathroom.
2951 Leslie Street, Detroit, $38,500, 2,800 square feet, $14 per square-foot, three bathrooms.
15090 Mark Twain Street, Detroit, $40,000, 1,196 square feet, $33 per square-foot, one bathroom.
19351 Eureka Street, Detroit, $40,000, 1,296 square feet, $31 per square-foot, one bathroom.
15830 Washburn Street, Detroit, $40,000, 2,282 square feet, $18 per square-foot, two bathrooms.
4693 Berkshire Street, Detroit, $40,000, 1,112 square feet, $36 per square-foot, one bathroom.
7414 Vaughan Street, Detroit, $40,000, 738 square feet, $54 per square-foot, one bathroom.
5881 Central Street, Detroit, $40,000, 1,292 square feet, $31 per square-foot, two bathrooms.
9355 Patton Street, Detroit, $40,800, 834 square feet, $49 per square-foot, one bathroom.
18649 Gilchrist Street, Detroit, $42,000, 1,028 square feet, $41 per square-foot, one bathroom.
7775 Evergreen Ave., Detroit, $43,500, 884 square feet, $49 per square-foot, one bathroom.
7771 Evergreen Ave., Detroit, $43,500, 884 square feet, $49 per square-foot, one bathroom.
2986 S. Dartmouth Street, Detroit, $44,085, 990 square feet, $45 per square-foot, one bathroom.
8331 Coyle Street, Detroit, $45,000, 1,049 square feet, $43 per square-foot, one bathroom.
14184 Auburn Street, Detroit, $45,000, 1,298 square feet, $35 per square-foot, three bedrooms and one bathroom.
19775 Winthrop Street, Detroit, $45,000, 963 square feet, $47 per square-foot, one bathroom.
6315 Guilford Street, Detroit, $45,000, 982 square feet, $46 per square-foot, one bathroom.
19431 W. Chicago Street, Detroit, $45,000, 914 square feet, $49 per square-foot, one bathroom.
8891 Archdale Street, Detroit, $45,760, 1,386 square feet, $33 per square-foot, one bathroom.
20144 Hartwell Street, Detroit, $47,000, 965 square feet, $49 per square-foot, one bathroom.
9269 Ashton Ave., Detroit, $47,000, 1,625 square feet, $29 per square-foot, two bathrooms.
19190 Avon Ave., Detroit, $48,000, 730 square feet, $66 per square-foot, one bathroom.
11285 Courville Street, Detroit, $48,500, 1,183 square feet, $41 per square-foot, one bathroom.
18730 Glenhurst Street, Detroit, $50,238, 1,511 square feet, $33 per square-foot, two bathrooms.
17240 Albion Street, Detroit, $51,000, 1,027 square feet, $50 per square-foot, one bathroom.
1933 Taylor Street, Detroit, $51,401, 2,318 square feet, $22 per square-foot, two bathrooms.
8904 Sussex Street, Detroit, $52,000, 1,114 square feet, $47 per square-foot, one bathroom.
10464 Roxbury Street, Detroit, $52,000, 1,232 square feet, $42 per square-foot, one bathroom.
19311 Waltham Street, Detroit, $53,000, 962 square feet, $55 per square-foot, two bathrooms.
1251 S. Liebold Street, Detroit, $53,100, 858 square feet, $62 per square-foot, one bathroom.
17300 Griggs Street, Detroit, $55,000, 1,398 square feet, $39 per square-foot, two bathrooms.
9117 Lafayette Blvd., Detroit, $55,000, 1,518 square feet, $36 per square-foot, two bathrooms.
19775 Blackstone Street, Detroit, $55,000, 921 square feet, $60 per square-foot, one bathroom.
13194 Santa Rosa Drive, Detroit, $57,000, 2,600 square feet, $22 per square-foot, three bathrooms.
2957 Montclair Street, Detroit, $57,240, 1,530 square feet, $37 per square-foot, two bathrooms.
19306 Winthrop Street, Detroit, $58,000, 1,080 square feet, $54 per square-foot, two bathrooms.
3203 Glendale Street, Detroit, $58,000, 2,554 square feet, $23 per square-foot, three bathrooms.
22027 Margareta Street, Detroit, $58,900, 1,409 square feet, $42 per square-foot, one bathroom.
18496 Prest Street, Detroit, $60,000, 1,244 square feet, $48 per square-foot, two bathrooms.
16469 E. State Fair Street, Detroit, $60,000, 730 square feet, $82 per square-foot, one bathroom.
16518 Mendota Street, Detroit, $60,000, 1,250 square feet, $48 per square-foot, two bathrooms.
18953 Lindsay Street, Detroit, $63,000, 869 square feet, $72 per square-foot, one bathroom.
20217 Harned Street, Detroit, $65,000, 981 square feet, $66 per square-foot, one bathroom.
16170 Strathmoor Street, Detroit, $68,500, 1,080 square feet, $63 per square-foot, two bathrooms.
5808 Radnor Street, Detroit, $69,000, 919 square feet, $75 per square-foot, one bathroom.
18021 Prevost Street, Detroit, $70,000, 1,350 square feet, $52 per square-foot, one bathroom.
608 E. Euclid Street, Detroit, $70,000, 1,504 square feet, $47 per square-foot, two bathrooms.
6801 Rutland Street, Detroit, $70,000, 891 square feet, $79 per square-foot, one bathroom.
20144 Packard Street, Detroit, $71,000, 1,067 square feet, $67 per square-foot, one bathroom.
14235 Winthrop Street, Detroit, $71,500, 1,083 square feet, $66 per square-foot, one bathroom.
13679 Bringard Drive, Detroit, $73,500, 1,069 square feet, $69 per square-foot, one bathroom.
17035 Tireman Street, Detroit, $75,000, 728 square feet, $103 per square-foot, one bathroom.
19469 Mackay Street, Detroit, $79,500, 899 square feet, $88 per square-foot, two bathrooms.
22214 Puritan Street, Detroit, $80,000, 958 square feet, $84 per square-foot, one bathroom.
6417 Mansfield Street, Detroit, $83,500, 913 square feet, $91 per square-foot, one bathroom.
1297 S. Liebold Street, Detroit, $83,850, 802 square feet, $105 per square-foot, one bathroom.
15200 Evanston Street, Detroit, $88,300, 2,066 square feet, $43 per square-foot, two bathrooms.
120 Seward Street, Detroit, $90,000, 635 square feet, $142 per square-foot, one bathroom.
7443 Grandmont Ave., Detroit, $90,000, 1,464 square feet, $61 per square-foot, one bathroom.
6539 Woodrow Street, Detroit, $90,000, 1,332 square feet, $68 per square-foot, one bathroom.
6809 Westwood Street, Detroit, $90,000, 840 square feet, $107 per square-foot, one bathroom.
480 Alter Road, Detroit, $95,000, 2,016 square feet, $47 per square-foot, two bathrooms.
16124 Murray Hill Street, Detroit, $96,000, 1,032 square feet, $93 per square-foot, one bathroom.
14929 Biltmore Street, Detroit, $96,000, 1,222 square feet, $79 per square-foot, two bathrooms.
2696 Webb Street, Detroit, $100,000, 3,480 square feet, $29 per square-foot, four bathrooms.
14943 Faust Ave., Detroit, $105,000, 927 square feet, $113 per square-foot, one bathroom.
8275 Pinehurst Street, Detroit, $105,000, 1,094 square feet, $96 per square-foot, one bathroom.
20232 Prairie Street, Detroit, $109,000, 741 square feet, $147 per square-foot, one bathroom.
17217 Plainview Ave., Detroit, $115,000, 1,361 square feet, $84 per square-foot, two bathrooms.
1965 Oakman Blvd., Detroit, $115,500, 1,753 square feet, $66 per square-foot, two bathrooms.
18066 Indiana Street, Detroit, $120,000, 1,884 square feet, $64 per square-foot, two bathrooms.
16231 Linwood Street, Detroit, $120,900, 1,272 square feet, $95 per square-foot, two bathrooms.
17367 Mendota Street, Detroit, $124,000, 822 square feet, $151 per square-foot, one bathroom.
18945 Ferguson Street, Detroit, $125,000, 1,111 square feet, $113 per square-foot, one bathroom.
14540 Grandmont Ave., Detroit, $125,000, 2,148 square feet, $58 per square-foot, three bathrooms.
299 Trowbridge Street, Detroit, $127,000, 2,500 square feet, $51 per square-foot, three bathrooms.
20021 Biltmore Street, Detroit, $128,000, 1,045 square feet, $122 per square-foot, one bathroom.
4274 W. Buena Vista Street, Detroit, $130,100, 3,000 square feet, $43 per square-foot, three bathrooms.
15426 Littlefield Street, Detroit, $136,000, 1,296 square feet, $105 per square-foot, one bathroom.
9403 McKinney Street, Detroit, $136,000, 1,874 square feet, $73 per square-foot, two bathrooms.
17362 Birwood Street, Detroit, $143,000, 1,427 square feet, $100 per square-foot, two bathrooms.
20476 Greenlawn Street, Detroit, $145,000, 1,411 square feet, $103 per square-foot, one bathroom.
18076 Kentucky Street, Detroit, $151,163, 2,173 square feet, $70 per square-foot, three bathrooms.
17186 Prevost Street, Detroit, $158,000, 1,155 square feet, $137 per square-foot, two bathrooms.
10010 W. Outer Drive, Detroit, $160,000, 1,355 square feet, $118 per square-foot, one bathroom.
8271 Normile Street, Detroit, $165,000, 1,574 square feet, $105 per square-foot, two bathrooms.
1143 Cavalry Street, Detroit, $165,000, 1,314 square feet, $126 per square-foot, one bathroom.
20435 Picadilly Road, Detroit, $170,000, 1,598 square feet, $106 per square-foot, two bathrooms.
2411 Carson Street, Detroit, $170,000, 1,661 square feet, $102 per square-foot, two bathrooms.
5526 Three Mile Drive, Detroit, $177,000, 1,356 square feet, $131 per square-foot, one bathroom.
18831 Puritan Street, Detroit, $182,000, 1,539 square feet, $118 per square-foot, two bathrooms.
14134 Prevost Street, Detroit, $195,953, 2,138 square feet, $92 per square-foot, two bathrooms.
18610 Indiana Street, Detroit, $200,000, 1,733 square feet, $115 per square-foot, two bathrooms.
18243 Fairfield Street, Detroit, $210,000, 2,660 square feet, $79 per square-foot, four bedrooms and three bathrooms.
17192 Stoepel Street, Detroit, $275,000, 2,341 square feet, $117 per square-foot, three bathrooms.
14529 Glastonbury Ave., Detroit, $288,000, 1,956 square feet, $147 per square-foot, two bathrooms.
1936 Lothrop Street, Detroit, $375,000, 2,340 square feet, $160 per square-foot, two bathrooms.
1439 Van Dyke Street, Detroit, $384,900, 3,164 square feet, $122 per square-foot, three bathrooms.
Ecorse
4106 19th Street, Ecorse, $67,000, 1,122 square feet, $60 per square-foot, one bathroom.
4308 Ninth Street, Ecorse, $85,000, 612 square feet, $139 per square-foot, one bathroom.
Flat Rock
29905 Tamarack Drive, Flat Rock, $215,000, 907 square feet, $237 per square-foot, one bathroom.
Garden City
32535 Florence Street, Garden City, $17,500, 2,583 square feet, $7 per square-foot, three bathrooms.
6626 Arcola Street, Garden City, $135,000, 1,008 square feet, $134 per square-foot, one bathroom.
29555 Rosslyn Ave., Garden City, $146,000, 975 square feet, $150 per square-foot, one bathroom.
29458 Dover Street, Garden City, $170,400, 1,316 square feet, $129 per square-foot, two bedrooms and one bathroom.
29208 Cambridge Street, Garden City, $190,000, 1,100 square feet, $173 per square-foot, one bathroom.
28440 Leona Street, Garden City, $205,500, 907 square feet, $227 per square-foot, one bathroom.
Grosse Ile
17676 Parke Lane, Grosse Ile, $350,000, 2,154 square feet, $162 per square-foot, three bathrooms.
Grosse Pointe Farms
333 Ridgemont Road, Grosse Pointe Farms, $525,000, 1,756 square feet, $299 per square-foot, two bathrooms.
Grosse Pointe Park
1342 Lakepointe Street, Grosse Pointe Park, $289,900, 1,140 square feet, $254 per square-foot, one bathroom.
1350 Berkshire Road, Grosse Pointe Park, $590,000, 2,571 square feet, $229 per square-foot, four bathrooms.
875 Ellair Place, Grosse Pointe Park, $730,000, 2,014 square feet, $362 per square-foot, three bathrooms.
Grosse Pointe Shores
25 Blairmoor Court, Grosse Pointe Shores, $474,500, 2,149 square feet, $221 per square-foot, two bathrooms.
Grosse Pointe Woods
1488 Hampton Road, Grosse Pointe Woods, $301,000, 1,298 square feet, $232 per square-foot, three bedrooms and one bathroom.
1899 Hunt Club Drive, Grosse Pointe Woods, $324,900, 1,939 square feet, $168 per square-foot, three bedrooms and two bathrooms.
1373 Torrey Road, Grosse Pointe Woods, $330,000, 1,700 square feet, $194 per square-foot, three bedrooms and two bathrooms.
1854 Severn Road, Grosse Pointe Woods, $335,000, 2,116 square feet, $158 per square-foot, three bedrooms and three bathrooms.
1772 Prestwick Road, Grosse Pointe Woods, $350,000, 1,831 square feet, $191 per square-foot, three bedrooms and two bathrooms.
1291 Roslyn Road, Grosse Pointe Woods, $455,000, 2,341 square feet, $194 per square-foot, three bedrooms and two bathrooms.
596 N. Brys Drive, Grosse Pointe Woods, $681,000, 4,210 square feet, $162 per square-foot, three bedrooms and five bathrooms.
Hamtramck
2390 Casmere Street, Hamtramck, $113,000, 809 square feet, $140 per square-foot, one bathroom.
Harper Woods
19476 Woodside Street, Harper Woods, $60,000, 728 square feet, $82 per square-foot, one bathroom.
21202 Newcastle Road, Harper Woods, $165,000, 1,214 square feet, $136 per square-foot, two bathrooms.
20218 Woodmont Street, Harper Woods, $200,011, 1,188 square feet, $168 per square-foot, one bathroom.
21200 Norwood Drive, Harper Woods, $246,000, 1,613 square feet, $153 per square-foot, one bathroom.
Highland Park
18184 Marx Street, Highland Park, $72,000, 960 square feet, $75 per square-foot, one bathroom.
Inkster
29842 Hazelwood Street, Inkster, $58,000, 1,426 square feet, $41 per square-foot, three bedrooms and one bathroom.
1847 Lexington Parkway, Inkster, $99,700, 1,461 square feet, $68 per square-foot, one bathroom.
28452 Glenwood Street, Inkster, $108,000, 778 square feet, $139 per square-foot, one bathroom.
Lincoln Park
1425 Anne Ave., Lincoln Park, $95,000, 1,520 square feet, $63 per square-foot, one bathroom.
1763 College Ave., Lincoln Park, $100,000, 1,372 square feet, $73 per square-foot, one bathroom.
1844 Gregory Ave., Lincoln Park, $115,000, 695 square feet, $165 per square-foot, one bathroom.
540 Mayflower Ave., Lincoln Park, $125,000, 672 square feet, $186 per square-foot, one bathroom.
3078 Ferris Ave., Lincoln Park, $128,000, 809 square feet, $158 per square-foot, one bathroom.
1843 College Ave., Lincoln Park, $131,000, 641 square feet, $204 per square-foot, one bathroom.
1121 Montie Road, Lincoln Park, $146,000, 1,694 square feet, $86 per square-foot, one bathroom.
1423 Applewood Ave., Lincoln Park, $150,000, 682 square feet, $220 per square-foot, one bathroom.
4128 High Street, Lincoln Park, $169,900, 1,136 square feet, $150 per square-foot, one bathroom.
813 Pagel Ave., Lincoln Park, $179,900, 1,026 square feet, $175 per square-foot, two bathrooms.
1547 Myron Ave., Lincoln Park, $185,000, 1,013 square feet, $183 per square-foot, one bathroom.
2127 Malvina Street, Lincoln Park, $190,000, 999 square feet, $190 per square-foot, two bathrooms.
Livonia
15148 Marsha Street, Livonia, $151,000, 1,005 square feet, $150 per square-foot, one bathroom.
32345 Washington Street, Livonia, $199,000, 2,182 square feet, $91 per square-foot, three bedrooms and two bathrooms.
29521 Westfield Street, Livonia, $220,000, 1,008 square feet, $218 per square-foot, three bedrooms and one bathroom.
36791 Ladywood Street, Livonia, $230,000, 1,736 square feet, $132 per square-foot, four bedrooms and two bathrooms.
14650 Park Street, Livonia, $250,000, 1,236 square feet, $202 per square-foot, three bedrooms and three bathrooms.
14954 Norman Street, Livonia, $250,000, 1,198 square feet, $209 per square-foot, one bathroom.
36116 Parkdale Street, Livonia, $268,000, 1,103 square feet, $243 per square-foot, two bathrooms.
30663 Elmira Street, Livonia, $269,900, 1,026 square feet, $263 per square-foot, one bathroom.
32956 Allen Street, Livonia, $290,000, 1,223 square feet, $237 per square-foot, three bedrooms and two bathrooms.
35871 Pinetree Street, Livonia, $295,000, 1,103 square feet, $267 per square-foot, two bathrooms.
36652 Gardner Street, Livonia, $360,000, 1,774 square feet, $203 per square-foot, four bedrooms and two bathrooms.
19826 Stamford Drive, Livonia, $371,000, 1,368 square feet, $271 per square-foot, two bathrooms.
35295 Ann Arbor Trail, Livonia, $375,000, 2,457 square feet, $153 per square-foot, four bedrooms and four bathrooms.
14154 Edgewood Street, Livonia, $403,000, 1,853 square feet, $217 per square-foot, four bedrooms and three bathrooms.
17556 Park Street, Livonia, $420,000, 2,084 square feet, $202 per square-foot, three bathrooms.
33984 Fairfax Drive, Livonia, $450,000, 2,104 square feet, $214 per square-foot, three bathrooms.
37644 Mallory Drive, Livonia, $461,000, 2,270 square feet, $203 per square-foot, three bathrooms.
Melvindale
19578 Wood Street, Melvindale, $167,500, 976 square feet, $172 per square-foot, one bathroom.
New Boston
19050 Otto Court, New Boston, $212,000, 1,360 square feet, $156 per square-foot, two bathrooms.
21724 Huron River Drive, New Boston, $258,001, 2,154 square feet, $120 per square-foot, three bathrooms.
Northville
39467 Springwater Drive, Northville, $280,000, 1,536 square feet, $182 per square-foot, two bedrooms and three bathrooms.
40200 7 Mile Road, Northville, $400,000, 2,051 square feet, $195 per square-foot, two bathrooms.
16829 Lochmoor Circle, Northville, $435,000, 1,926 square feet, $226 per square-foot, three bathrooms.
15839 Winchester Drive, Northville, $550,000, 2,204 square feet, $250 per square-foot, three bathrooms.
146 Walnut Street, Northville, $925,000, 1,918 square feet, $482 per square-foot, three bedrooms and three bathrooms.
Plymouth
40147 Newport Drive, Plymouth, $195,000, 923 square feet, $211 per square-foot, one bathroom.
11841 Sycamore Drive, Plymouth, $235,000, 1,187 square feet, $198 per square-foot, two bathrooms.
238 River Oaks, Plymouth, $240,000, 1,094 square feet, $219 per square-foot, two bedrooms and two bathrooms.
42231 Old Pond Circle, Plymouth, $251,000, 972 square feet, $258 per square-foot, two bathrooms.
14354 Northville Road, Plymouth, $290,000, 1,488 square feet, $195 per square-foot, one bathroom.
9019 Gregory Lane, Plymouth, $310,000, 1,758 square feet, $176 per square-foot, two bathrooms.
15172 Thornridge Drive, Plymouth, $350,000, 1,994 square feet, $176 per square-foot, two bathrooms.
13841 Buckingham Court, Plymouth, $600,000, 3,652 square feet, $164 per square-foot, three bathrooms.
Redford
9568 Tecumseh, Redford, $91,000, 894 square feet, $102 per square-foot, three bedrooms and one bathroom.
20453 Delaware Ave., Redford, $125,000, 693 square feet, $180 per square-foot, one bathroom.
26151 Fordson Highway, Redford, $175,000, 845 square feet, $207 per square-foot, one bathroom.
15635 Fox, Redford, $180,000, 1,120 square feet, $161 per square-foot, one bathroom.
26214 Cathedral, Redford, $217,500, 1,020 square feet, $213 per square-foot, one bathroom.
12880 Hemingway, Redford, $222,000, 1,191 square feet, $186 per square-foot, two bathrooms.
River Rouge
85 Batavia Street, River Rouge, $30,200, 1,296 square feet, $23 per square-foot, one bathroom.
97 Abbott Street, River Rouge, $52,000, 990 square feet, $53 per square-foot, one bathroom.
401 Campbell Street, River Rouge, $119,000, 1,512 square feet, $79 per square-foot, one bathroom.
328 Richter Street, River Rouge, $173,000, 1,825 square feet, $95 per square-foot, two bathrooms.
Riverview
18253 Riverview Street, Riverview, $110,000, 1,044 square feet, $105 per square-foot, one bathroom.
19207 Coachwood Road, Riverview, $243,000, 1,312 square feet, $185 per square-foot, two bathrooms.
Romulus
30509 Leroy Street, Romulus, $112,000, 1,152 square feet, $97 per square-foot, three bedrooms and one bathroom.
36247 Vinewood Street, Romulus, $163,981, 1,904 square feet, $86 per square-foot, three bedrooms and three bathrooms.
15171 Harrison, Romulus, $165,000, 1,125 square feet, $147 per square-foot, four bedrooms and two bathrooms.
13244 S. Huron River Drive, Romulus, $228,967, 1,305 square feet, $175 per square-foot, four bedrooms and two bathrooms.
Southgate
13295 Drake Street, Southgate, $117,000, 936 square feet, $125 per square-foot, three bedrooms and one bathroom.
13535 Ward Street, Southgate, $120,000, 1,220 square feet, $98 per square-foot, one bathroom.
13111 Rosedale Street, Southgate, $120,000, 1,401 square feet, $86 per square-foot, one bathroom.
12912 Rosedale Street, Southgate, $135,697, 983 square feet, $138 per square-foot, one bathroom.
14535 Mulberry Street, Southgate, $160,000, 1,051 square feet, $152 per square-foot, one bathroom.
15325 Churchill Street, Southgate, $160,000, 1,060 square feet, $151 per square-foot, one bathroom.
13336 Shire Lane, Southgate, $301,000, 1,784 square feet, $169 per square-foot, three bathrooms.
Taylor
8208 Oak Street, Taylor, $130,000, 1,102 square feet, $118 per square-foot, one bathroom.
10439 Beech Daly Road, Taylor, $145,700, 1,306 square feet, $112 per square-foot, two bathrooms.
5885 Sylvia Street, Taylor, $146,000, 909 square feet, $161 per square-foot, one bathroom.
15149 Kerstyn Street, Taylor, $154,400, 1,193 square feet, $129 per square-foot, one bathroom.
9726 William Street, Taylor, $179,900, 907 square feet, $198 per square-foot, one bathroom.
7530 Merrick Street, Taylor, $184,000, 1,200 square feet, $153 per square-foot, one bathroom.
23516 Filmore Street, Taylor, $193,000, 1,008 square feet, $191 per square-foot, one bathroom.
9228 Mueller Street, Taylor, $203,000, 1,495 square feet, $136 per square-foot, two bathrooms.
13589 Mortenview Drive, Taylor, $430,000, 2,793 square feet, $154 per square-foot, four bathrooms.
Trenton
2995 Maidstone Street, Trenton, $201,000, 1,073 square feet, $187 per square-foot, three bedrooms and one bathroom.
2441 Pinetree Drive, Trenton, $220,000, 1,085 square feet, $203 per square-foot, three bedrooms and one bathroom.
Van Buren Township
9807 Fairbanks Street, Van Buren Township, $226,501, 980 square feet, $231 per square-foot, one bathroom.
11544 Quirk Road, Van Buren Township, $285,000, 1,662 square feet, $171 per square-foot, two bathrooms.
14710 Brookside Drive, Van Buren Township, $354,300, 2,266 square feet, $156 per square-foot, four bedrooms and three bathrooms.
14857 Brookside Drive, Van Buren Township, $365,000, 1,938 square feet, $188 per square-foot, four bedrooms and three bathrooms.
13809 Milton Drive, Van Buren Township, $380,000, 2,805 square feet, $135 per square-foot, three bathrooms.
7130 Sheldon Road, Van Buren Township, $486,000, 2,151 square feet, $226 per square-foot, two bathrooms.
Wayne
32077 Carlisle Parkway, Wayne, $91,500, 1,158 square feet, $79 per square-foot, two bathrooms.
5072 Mildred Street, Wayne, $132,500, 1,021 square feet, $130 per square-foot, one bathroom.
33230 Franklin Street, Wayne, $195,000, 1,510 square feet, $129 per square-foot, one bathroom.
Westland
33152 Ann Arbor Trail, Westland, $75,000, 1,442 square feet, $52 per square-foot, one bathroom.
30620 Grandview Ave., Westland, $87,000, 1,326 square feet, $66 per square-foot, two bathrooms.
2022 Minerva Street, Westland, $120,000, 1,017 square feet, $118 per square-foot, two bathrooms.
762 Easley Drive, Westland, $157,000, 1,274 square feet, $123 per square-foot, two bathrooms.
35886 Thames Street, Westland, $172,000, 1,088 square feet, $158 per square-foot, one bathroom.
30559 Rustic Lane, Westland, $200,000, 998 square feet, $200 per square-foot, two bathrooms.
35711 Glen Street, Westland, $215,000, 1,365 square feet, $158 per square-foot, one bathroom.
30941 Somerset Street, Westland, $220,000, 964 square feet, $228 per square-foot, one bathroom.
32740 Merritt Drive, Westland, $235,000, 1,055 square feet, $223 per square-foot, two bathrooms.
205 S. Norma Street, Westland, $270,000, 1,246 square feet, $217 per square-foot, three bedrooms and two bathrooms.
32680 Ann Arbor Trail, Westland, $365,000, 1,804 square feet, $202 per square-foot, two bathrooms.
37601 Laramie Street, Westland, $385,600, 1,782 square feet, $216 per square-foot, two bathrooms.
37707 Jermane Street, Westland, $410,000, 1,847 square feet, $222 per square-foot, three bathrooms.
37140 Baker Drive, Westland, $415,000, 2,073 square feet, $200 per square-foot, four bedrooms and three bathrooms.
Woodhaven
22216 Larch Street, Woodhaven, $160,000, 1,323 square feet, $121 per square-foot, two bathrooms.
22509 Silver Creek Drive, Woodhaven, $178,000, 1,344 square feet, $132 per square-foot, two bedrooms and two bathrooms.
26930 Coachlight Street, Woodhaven, $319,900, 1,830 square feet, $175 per square-foot, three bathrooms.
Wyandotte
3142 Van Alstyne Street, Wyandotte, $119,000, 1,478 square feet, $81 per square-foot, one bathroom.
604 Superior Blvd., Wyandotte, $155,000, 1,070 square feet, $145 per square-foot, two bathrooms.
3871 15th Street, Wyandotte, $190,000, 917 square feet, $207 per square-foot, one bathroom.
1466 12th Street, Wyandotte, $205,000, 1,191 square feet, $172 per square-foot, two bathrooms.
4076 19th Street, Wyandotte, $215,000, 1,338 square feet, $161 per square-foot, one bathroom.
Real Estate Newswire is a service provided by United Robots, which uses machine learning to generate analysis of data from Propmix, an aggregator of national real-estate data..
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| 2023-07-31T21:27:44
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TAMPA, Fla. (WFLA) — Florida is seeing a rise in leprosy cases that could mean the disease has become endemic in the Sunshine State, according to a letter published by the Centers for Disease Control and Prevention.
The letter published in mid-July, said, while leprosy is historically uncommon in the United States, cases more than doubled in the South over the last 10 years.
Leprosy, also known as Hansen’s Disease, is caused by the bacterium Mycobacterium leprae and is characterized by discolored patches of skin, ulcers, lumps, and damage to the nerves.
The CDC said if untreated, the disease can progress to paralysis, blindness, the loss of one’s eyebrows, physical disfigurement, and even the “shortening of toes and fingers due to reabsorption.”
The Florida Department of Health said the disease first appeared in the state in 1921. The National Hansen’s Disease Program found that 159 cases of leprosy were reported in 2020. Florida was at the top of the list of states with the most new cases.
According to the Florida Health Charts, the state had 26 reported cases in 2019, 27 in 2020, and 14 in 2021.
“Central Florida, in particular, accounted for 81% of cases reported in Florida and almost one-fifth of nationally reported cases,” the letter said. “Whereas leprosy in the United States previously affected persons who had immigrated from leprosy-endemic areas, [about] 34% of new case-patients during 2015–2020 appeared to have locally acquired the disease.”
A disease becomes endemic when it occurs regularly within a certain community or area.
The CDC letter said multiple cases showed no sign of animal-to-human transmission or “traditionally known risk factors.”
One patient, a 54-year-old man in Central Florida, was treated at a dermatology clinic for a progressive rash caused by leprosy.
When asked, the man said he had lived in Central Florida his whole life, did not travel domestically or internationally, had no exposure to armadillos (which can carry the disease), had no contact with immigrants with endemic leprosy, and had no connection to someone with the disease.
Experts said there was some support for the theory that an increase in migration from other countries to the United States may have caused the disease to enter non-endemic areas. However, while leprosy cases are increasing in the U.S., the rate of new cases in people born outside of the U.S. had been on a decline since 2002.
“This information suggests that leprosy has become an endemic disease process in Florida, warranting further research into other methods of [local] transmission,” the letter said.
In the state of Florida, medical practitioners must report leprosy by the next business day so contact tracing can be done and reduce further infections.
“In our case, contact tracing was done by the National Hansen’s Disease Program and revealed no associated risk factors, including travel, zoonotic exposure, occupational association, or personal contacts,” the letter said. “The absence of traditional risk factors in many recent cases of leprosy in Florida, coupled with the high proportion of residents, like our patient, who spend a great deal of time outdoors, supports the investigation into environmental reservoirs as a potential source of transmission.”
The CDC said travel to Florida must now be considered when conducting contact tracing for leprosy in any state.
Leprosy, when contracted, can be treated by a combination of different antibiotics to prevent it from developing resistance to the medication, according to the CDC. Leprosy can be cured after one or two years of treatment.
However, even when cured, any nerve damage and disfigurement caused by the disease will be permanent.
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https://www.krqe.com/health/leprosy-could-become-endemic-in-florida-as-cases-rise-cdc-says/
| 2023-07-31T21:27:45
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(NEXSTAR) – When it comes to retirement, where you live can greatly affect just how golden your post-career years actually are.
A new study from Bankrate ranks all 50 U.S. states when it comes to affordability, overall well-being, healthcare quality/cost, weather and crime. With soaring inflation and a volatile stock market, affordability was given the most statistical weight, with the others decreasing respectively.
Iowa is the best state in which to retire, the study found, thanks to its affordability (3), quality/cost of health care (11) and crime (12).
“Choosing where to retire is deeply personal, but Iowa’s affordable cost of living, inexpensive but high-quality health care and low crime make it a compelling option for retirees looking to stretch their retirement income in this economy,” said Bankrate analyst Alex Gailey. “In our overall ranking, the best and worst states for retirees are split geographically. The Midwest and the South claim the top five states, while the Northeast and West claim the bottom five states, primarily because of the differences in cost of living.”
For some residents nearing retirement in Alaska – ranked 50 out of 50 – New York (49), California (48), Washington (47) and Massachusetts (46), a move toward the middle of the country could pay off, Bankrate’s findings suggest.
While all five of the least favorable states scored poorly when it came to affordability, Alaska also ranked last for weather and 49th for crime.
“For many Americans, a comfortable retirement may feel out of reach,” Gailey said. “After battling elevated inflation over the last two years, relocating to find cheaper housing or a lower cost of living may be a good alternative for retirees who have tighter budgets but want to retire comfortably. If you’re considering a late life move to lower your cost of living in retirement, our rankings provide some food for thought.”
The American Association of Retired Persons (AARP) reports that an increasing number of retirees left their home state to find cheaper housing in 2022.
The annual study from Hire A Helper, an online moving-services marketplace, found that 12% of American retirees moved for that reason in 2022, the highest percentage since 2014.
“That kind of cost consciousness is something we haven’t seen at this level since 2014,” Miranda Marquit, chief data analyst at Hire A Helper, told AARP, citing Census data.
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https://www.wfla.com/news/these-are-the-5-worst-states-to-retire-in-study-finds/
| 2023-07-31T21:27:46
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These days, there are so many options to watch content online. A Forbes survey found 86% of people pay for more than one streaming service each month.
What if you were scrolling for something to watch on one of those streaming services, and half of the shows and movies were created by artificial intelligence?
Would you want to know which ones were, and which ones weren't?
This isn't a reality yet, but it's a possibility in our future and a big reason why both screenwriters and actors are on strike right now. They want to have rules and guidance surrounding artificial intelligence so they still have jobs in a decade.
Sachin Dharwadker is a Writers Guild of America screenwriter in Los Angeles. He’s written one tv show so far, and was in the final stages of developing his own show when the strike started.
"I think if you go out and ask anyone if they want to watch stuff written by AI or kind of spearheaded by AI, most of them would laugh at that," Dharwadker said. "Most of them would say, like, 'that sounds horrible.' When it comes down to it, I don't think people actually want to watch that. And that's ultimately the question that has to be answered."
Dharwadker says he hopes there will be strict cap on how AI can be used.
"There is not a viable path for it to have like anything more than a supporting role in what we do," Dharwadker said. "Writing is a very difficult profession, and it requires, if you want to make a good story about human experience, you have to be a human. I mean, you just can't be something else."
AI expert Chris Gomes Muffat is the founder of Promptify. It's a service that will soon let you design a template for AI to write a screenplay or novella.
He doesn't believe the need for screenwriters will disappear, but he thinks they will see a major shift in their career.
"I think they will be the one that will prompt the generative AI to produce the story," Muffat said. "And your ability to be a good writer will not be in producing the right content, but rather asking the right question."
Muffat says there will need to be rigorous testing for bias within the AI, but he thinks it will increase productivity.
He also thinks it will open up the screenwriting industry to more people.
"I can compete with Hollywood just because of the technology I have access to," Muffat said.
Whether AI becomes a huge part of the screenwriting experience or not, Dharwadker says he doesn't plan to use it.
In the meantime, while he waits for the unions and Hollywood industry to come to an agreement, he’s exploring other creative avenues to pay the bills like posting a Substack newsletter about the strike and movies he’s watching.
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Police: Gunman didn’t know the 3 victims in the University Avenue shooting
GAINESVILLE, Fla. (WCJB) - A man from Ocala claims he doesn’t remember shooting two people and injuring a third near Downtown Gainesville and the University of Florida this weekend.
Gainesville Police Department officers say they took blood samples from Ja’zier Myers, 20, after he told investigators he was drugged. Myers is charged with murder after police say he shot and killed two adult men and another was taken to the hospital.
The shooting occurred after 2 a.m. on Sunday on University Avenue near Northeast Ninth Street. Surveillance video shows Myers at Body Tech walking by the first victim and shooting him in the head. He then went to the Checker’s restaurant and shot the other two victims.
RELATED: Arrest made: Two dead one injured after early morning Gainesville shooting
The victim who survived was able to identify Myers as the shooter.
Myers told police he does not remember shooting anyone that night because he was drugged. Officers do not believe Myers knew any of the victims and are working to determine a motive.
Officers say none of the victims knew each other. One of the deceased victims was a resident of Ocala, the other was homeless.
Gainesville residents are concerned about violence in the downtown area.
“Get out into the streets and educate people and let them know there’s another way and there’s a better way,” said Mary Guzman, a resident of Gainesville. “We just have to do all that we can because innocent people shouldn’t be losing their lives.”
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Copyright 2023 WCJB. All rights reserved.
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DALLAS — DALLAS — Tenet Healthcare Corp. (THC) on Monday reported second-quarter earnings of $123 million.
The hospital operator posted revenue of $5.08 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $4.9 billion.
For the current quarter ending in September, Tenet expects its per-share earnings to range from 94 cents to $1.28. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.84.
The company said it expects revenue in the range of $4.9 billion to $5.1 billion for the fiscal third quarter. Analysts surveyed by Zacks had expected revenue of $5 billion.
Tenet expects full-year earnings in the range of $5.18 to $6.03 per share, with revenue ranging from $20.1 billion to $20.5 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THC at https://www.zacks.com/ap/THC
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https://www.washingtonpost.com/business/2023/07/31/earns-tenet-healthcare/27d1d1b0-2fe7-11ee-85dd-5c3c97d6acda_story.html
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DENVER, July 31, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced that it was selected by the Defense Information Systems Agency (DISA) to support coordination between federal and commercial licensees of the 3450 - 3550 MHz spectrum band. Palantir will provide its software platform to enable end-to-end automation that will enhance coordination between the Department of Defense and commercial spectrum licensees for shared use of the 3450-3550 MHz band within cooperative planning area (CPA) and periodic use area (PUA) coordination zone boundaries.
As part of an ongoing interagency effort to facilitate the shared usage of critically important mid-band spectrum, Palantir's software will enable DISA's Defense Spectrum Organization (DSO) to support formal and informal coordination processes between the Department of Defense and commercial licensees. Existing and future government activities in the spectrum band are vital to protect national security and ensure military readiness.
Palantir software will be used to integrate multiple existing functions and capabilities into a single infrastructure that will result in more efficient workflows, reducing the timelines for licensee coordination with DoD to establish sharing agreements and enable deployment of 5G wireless services within CPA/PUA boundaries. Palantir software will also be used to demonstrate the ability to support more advanced spectrum sharing use cases.
"We are proud to partner with DISA DSO to support the complex task of sharing limited spectrum resources between federal and commercial users," said Akash Jain, President, Palantir USG. "We are excited to rapidly deploy software that will accelerate and automate coordination workflows and enable the increasingly dynamic and efficient use of spectrum."
"As military and commercial use of radio-frequency spectrum continues to grow, spectrum coordination will be increasingly necessary to preserve the effectiveness of critical national security capabilities while enabling U.S. commercial leadership in 5G and other critical technology areas. Palantir looks forward to working alongside the Department of Defense to deploy innovative software solutions that support advanced spectrum sharing workflows and processes," said Miriam Marwick, SVP, Emerging Technologies, Palantir USG.
About Palantir Technologies Inc.
Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customer's ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.
Media Contact
Lisa Gordon
media@palantir.com
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SOURCE PALANTIR TECHNOLOGIES INC.
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BROOKLYN - NASCAR returns to the Irish Hills this weekend, as the best stock car drivers from around the world get set to do battle at Michigan International Speedway in the annual Cup and Xfinity Series events.
- Get tickets to the FireKeepers Casino 400: Ticketmaster, StubHub, SeatGeek
The weekend begins on Saturday with the Cabo Wabo 250, while the main event on Sunday will see the drivers in the Cup Series take part in the FireKeepers Casino 400.
FIREKEEPERS CASINO 400
The race is scheduled to begin at 3:30 p.m. ET on August 5.
If you cannot make it out to the race, you can watch the race on USA Network, or stream on FuboTV.
CABO WABO 250
The race is scheduled to begin at 2:30 p.m. ET on August 6.
If you cannot make it out to the race, you can watch the race on NBC, or stream on FuboTV.
Camping is always a hot ticket at Michigan International Speedway. Unfortunately, all spots for this weekend sold out earlier this year.
Check out the NASCAR Cup Series standings
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https://www.mlive.com/sports/2023/07/nascar-in-michigan-how-to-get-cheap-tickets-to-the-2023-firekeepers-casino-400-at-mis.html
| 2023-07-31T21:27:50
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ALBUQUERQUE, N.M. (KRQE) – Albuquerque Police Department (APD) said they’re seeing a decrease in the number of use of force incidents.
A new APD report showed there were 626 force interactions involving its officers in 2022.
That’s an 18% drop from 2021 and a 35% decrease since 2020.
Of those 626 cases, 26 incidents violated APD’s use of force policies. Two of those instances cost the officers their job. The report did not detail those incidents.
To see 2021’s report, click here.
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| 2023-07-31T21:27:51
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San Francisco prosecutors lay out murder case against consultant in death of Cash App’s Bob Lee
SAN FRANCISCO (AP) — DNA from a bloody knife and video footage are crucial pieces of evidence against a tech consultant charged with murder in the stabbing death of Cash App founder Bob Lee, who was found bleeding on a deserted San Francisco street in April, prosecutors argued Monday.
The San Francisco prosecutor’s office began laying out its case against Nima Momeni, 38, at a preliminary hearing in which a judge will decide if there’s enough evidence to go to trial.
Prosecutors say Momeni planned the attack, drove Lee to a secluded spot and stabbed him three times after a dispute related to Momeni’s younger sister.
They have not spelled out a motive, but previously offered a timeline in a case that has drawn outsized media attention, partly due to Lee’s status in the tech world. Lee created Cash App, a mobile payment service, and was the chief product officer of the cryptocurrency MobileCoin.
Momeni, who has been in jail since his arrest April 13, has pleaded not guilty. He faces 26 years to life if convicted.
The arrest came more than a week after Lee, 43, was found in a deserted part of downtown San Francisco early April 4. He later died at a hospital.
On Monday morning, Assistant District Attorney Omid Talai introduced evidence, including photos of a knife that prosecutors say Momeni used to stab Lee, a trail of blood left by Lee as he staggered for help, and video footage showing the two men leave Momeni’s sister’s condo building before the stabbing.
Talai said at a May hearing that the weapon was part of a unique kitchen set belonging to his sister and that analysis showed Momeni’s DNA on the weapon’s handle and Lee’s DNA on the bloody blade. Police recovered a knife with a 4-inch (10-centimeter) blade at the scene.
Saam Zangeneh, one of Momeni’s lawyers, suggested to reporters Monday during a break that the investigation conducted by the San Francisco police was far from thorough.
He questioned why the rubber handle of the knife was tested for only DNA and not fingerprints. SFPD crime scene investigator Rosalyn Check said that it is difficult to get prints off rubber.
“When you want to see if someone’s touching something, you do fingerprint analysis, right?” he said. “And they weren’t done on the handle, which is the most important, relevant portion of who, if any, was handling that item.”
Zangeneh has yet to elaborate on the defendant’s version of events.
Momeni brought in Zangeneh and Bradford Cohen, both based in Florida. His first attorney, Paula Canny, withdrew in late May, citing a conflict of interest that she declined to disclose.
At prosecutors’ urging, Momeni has been held without bail. In arguing for release pending trial, Canny said that Momeni was not a flight risk and would not leave the two people he loves most, his sister and mother. She said Momeni needs to fight the charges or face deportation to Iran, a country that his mother fled when the children were younger to escape a violent husband.
An unnamed friend of Lee told homicide investigators they had been hanging out and drinking with Momeni’s sister the day before the stabbing, prosecutors said in their motion to deny bail.
The friend said Momeni later questioned Lee about whether his sister was doing drugs or otherwise engaging in inappropriate behavior and Lee said she had not.
Surveillance video showed Lee later entering the posh Millennium Tower downtown, where Momeni’s sister Khazar lives with her husband, prominent San Francisco plastic surgeon Dino Elyassnia. Video footage then showed Lee and Momeni leaving the building together shortly after 2 a.m. and driving off in Momeni’s car.
Lee was found shortly after 2:30 a.m. in the Rincon Hill neighborhood, which has tech offices and condominiums but little activity in the early morning hours.
Copyright 2023 The Associated Press. All rights reserved.
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WINCHESTER, Va. — WINCHESTER, Va. — Trex Co. (TREX) on Monday reported second-quarter earnings of $77 million.
The maker of fencing and decking products posted revenue of $356.5 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $318.9 million.
For the current quarter ending in September, Trex said it expects revenue in the range of $280 million to $290 million.
The company expects full-year revenue in the range of $1.04 billion to $1.06 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TREX at https://www.zacks.com/ap/TREX
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https://www.washingtonpost.com/business/2023/07/31/earns-trex/f4e26142-2fe2-11ee-85dd-5c3c97d6acda_story.html
| 2023-07-31T21:27:54
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KALAMAZOO, MI – They’d been here before, knocking on the door, at least a time or two.
Or three.
But past misfortunes turned Beau Breault and Ben Liggett painstakingly away from what they’ve so desperately been in pursuit of.
So when the duo found themselves back in another playoff format for the 2023 Kalamazoo Country Club Invitational trophy on Saturday, they weren’t about to let bad breaks get in their way once again.
Instead, the ball rolled their way, and, naturally, they found their own stroke of luck.
This time, “finally”, the KCC Invitational title is theirs.
Thanks to Liggett’s clutch 80-yard moonshot over a line of trees that allowed for an easy birdie on the first playoff hole, the seven-plus year tandem fended off defending champions Matt Wells and Sam Anderson in what was a rematch of last year’s final at the 70th installment of the better ball match play tournament.
Breault and Liggett have been paired together for the historic event for seven-plus years, and have combined to appear in the championship match two other times.
Turns out, the third time was the charm.
“This was surreal for me because I had surgery almost a year ago today and I wasn’t sure after I had it, what level of golf I’d get back to,” said Liggett, who was a late scratch from last year’s KCCI due to his back procedure. “I didn’t start hitting balls again until basically the spring so it as a great feeling for me out there. It was nice for us to get some revenge from last year and then also to exercise some demons from before.”
Both Liggett and Breault sprayed their second shots left on the par 5 first hole during the opening playoff hole, making for a difficult third shot from the rough near the 17th hole’s fairway. But their mindset never faltered – both agreed and wanted to “go for it.”
After Breault landed his third shot within 10 feet of the pin, Liggett stepped up and saved perhaps the best shot of his 37-hole day with everything on the line, landing the ball within two feet of the pin.
“I hit an absolutely horrendous second shot and then I had a pretty good number for my 60 degree wedge and when I hit it, right when I hit it, it felt like it was going to be good,” Liggett said. “When I found out it was super close, I was so pumped.”
“I looked at him and he said ‘I want to finish it’ and he went and buried that putt,” Breault said. “That put all the pressure back on their team and it was pretty awesome to see.”
With 20-plus years of tournament experience, Liggett made sure to finish off the hole, too.
“I told Beau that I didn’t want to go last because I was in there tight and I didn’t want that added pressure if he were to miss,” he said. “I wanted to get it done and I’m glad it went in.”
That put all the pressure back on the defending champs Sam Anderson and Matt Wells, and specifically Anderson, who picked his third shot clean from the right-side green bunker, leaving a six-foot birdie putt to potentially force a second playoff hole.
Except the 24-year-old pushed his uphill putt just wide right of the hole.
“It was just a sigh of relief for us because we’ve been knocked out so many times of this tournament based on an opponent making a heroic shot or an eagle putt,” said Breault, a former Eastern Michigan University golfer and 2019 MAC Golfer of the Year. “I think we just earned this one from over the years of all that scar tissue that was built up. I really wasn’t nervous this time around because we’ve been here before and also, we were the underdogs.
“Every match had a KCC member with a big family but we only had a few fans with our small families,” Breault added. “Everyone was rooting for the other team and so we didn’t really have any pressure. Once Sam missed that putt, we just kind of looked at each other and were like ‘did that really just happen?’ It was finally about time.”
Anderson and Wells held a one-shot lead heading into the 17th hole, but Breault came up with a clutch eagle to draw the championship match even heading into the final hole. But three eagle putts within 10 feet were missed, and sent the thrilling match into a playoff for the second consecutive season.
But the underdogs stole the show, and it made it all that more special that close family was there to see it.
“Both my parents had come and watched, and my old high school golf coach showed up, too,” said Liggett, who went to Mattawan High School. “My kids were there to see the last three or four holes and I’ve been around playing in this since 1999. I missed one year for my wedding and one year for back surgery, and so my wife puts up with me playing in this every year right on our anniversary.
“It was nice to have family there, and my wife was very happy for me because it’s been a long year and she was thrilled that we finally got it done.”
Originally from Kalamazoo, Liggett added that the KCCI is always the “highlight of his summer”, and that the special golf event means a ton to him and his extended family.
“I watched it as a kid with my aunts and uncles and it was always the tournament in Kalamazoo,” he said. “I’m 45 and I’m still here because you can’t beat the atmosphere and it’s obviously tons of fun.”
Breault and Liggett each claimed $5,000 checks for winning the event, but it runs deeper than money for the duo.
There perhaps are just a few years left of the current golf course layout before a transformation is set to be made as course renovations loom. That makes it all the more special for a group that’s played together for nearly a decade on the course.
And now are donned champs, with a chance to defend the title in 2024.
“We finally get to be defending champions,” Breault said.
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https://www.mlive.com/sports/kalamazoo/2023/07/its-about-time-experienced-pairs-clutch-playoff-hole-spurs-first-title-at-23-kcc-invitational.html
| 2023-07-31T21:27:56
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A one-day sales event unlike any other invites customers to stock up on used books for just one cent per page.
BIRMINGHAM, Ala., July 31, 2023 /PRNewswire/ -- The busiest day of the year at 2nd & Charles is officially on the docket: Penny-A-Page, happening on Saturday, August 12, at all 2nd & Charles locations nationwide.
Where miles of books are surrounded by pure, boundless energy, customers can purchase up to five books for just one cent per page during 2nd & Charles' first-ever Penny-A-Page.
This unique and rare promotional event applies to all used books, giving customers the opportunity to fill their shelves with lengthy, expensive, and well-loved volumes – all for a fraction of the price. Yes, on a 250-page book, 2nd and Charles customers will pay just $2.50.
"Our loyal customers love it when we offer a discount on multiple books at the same time," says Eric Bishop, Senior Vice President at 2nd & Charles. "This is a 'can't miss' day! We are opening early at 9 a.m. to accommodate all our impassioned readers wanting to get a head start on their summer reading," he says.
Communities across the nation now have a remarkable opportunity to find their next stack of great books at an extraordinary price. Arrive early for the best selection! Come in, get lost, and find yourself at 2nd & Charles.
ABOUT 2ND & CHARLES
2nd & Charles is a unique retail concept specializing in an ever-changing inventory of new and used books, music, games, toys, collectibles, decor, accessories, and pop culture merchandise. Since its first store opened in Birmingham, AL, in 2010, 2nd & Charles has expanded to include more than 40 stores in 18 states—and counting.
A sister store to Books-A-Million, the nation's second largest book retailer, 2nd & Charles has established itself as a hip and fun-loving purveyor of passions catering to readers, gamers, and collectors of all ages. Through the store's buyback program, customers can sell their gently used merchandise in exchange for cash or store credit.
Click here to find your nearest 2nd & Charles store, and follow 2nd & Charles on Facebook, Instagram, and Twitter.
CONTACT
Olivia Anderson McDaniel
Vice President of Marketing, Omnichannel
205.909.3563
mcdanielo@booksamillion.com
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ALBUQUERQUE, N.M. (KRQE) – On the afternoon of Friday, July 28, a car plowed into the National Hispanic Cultural Center’s auditorium, injuring both the driver and the passenger. The driver is now out of the hospital, but it is unclear if he will face charges.
Investigators believe the driver and passenger may have been fighting, causing the driver to intentionally run into the building. Detectives are still investigating, and a spokesperson from the Albuquerque Police Department says they will name the driver if and when charges are filed.
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| 2023-07-31T21:27:57
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As work begins on the largest US dam removal project, tribes look to a future of growth
SACRAMENTO, Calif. (AP) — The largest dam removal project in United States history is underway along the California-Oregon border — a process that won’t conclude until the end of next year with the help of heavy machinery and explosives.
But in some ways, removing the dams is the easy part. The hard part will come over the next decade as workers, partnering with Native American tribes, plant and monitor nearly 17 billion seeds as they try to restore the Klamath River and the surrounding land to what it looked like before the dams started to go up more than a century ago.
The demolition is part of a national movement to return the natural flow of the nation’s rivers and restore habitat for fish and the ecosystems that sustain other wildlife. More than 2,000 dams have been removed in the U.S. as of February, with the bulk of those having come down within the last 25 years, according to the advocacy group American Rivers.
When demolition is completed by the end of next year, more than 400 miles (644 kilometers) of river will have opened for threatened species of fish and other wildlife. By comparison, the 65 dams removed in the U.S. last year combined to reconnect 430 miles (692 kilometers) of river.
Along the Klamath, the dam removals won’t be a major hit to the power supply; they produced less than 2% of power company PacifiCorp’s energy generation when they were running at full capacity -- enough to power about 70,000 homes. Though the hydroelectric power produced by dams is considered a clean, renewable source of energy, many larger dams in the U.S. West have become a target for environmental groups and tribes because of the harm they cause to fish and river ecosystems.
The project will empty three reservoirs over about 3.5 square miles (9 square kilometers) near the California-Oregon border, exposing soil to sunlight in some places for the first time in more than a century.
For the past five years, Native American tribes have gathered seeds by hand and sent them to nurseries with plans to sow the seeds along the banks of the newly wild river. Helicopters will bring in hundreds of thousands of trees and shrubs to plant along the banks, including wads of tree roots to create habitat for fish.
This growth usually takes decades to happen naturally. But officials are pressing nature’s fast-forward button because they hope to repel an invasion of foreign plants, such as starthistle, which dominate the landscape at the expense of native plants.
“Why not just let nature take its course? Well, nature didn’t take its course when dams got put in. We can’t pretend this gigantic change in the landscape has not happened and we can’t just ignore the fact that invasive species are a big problem in the west and in California,” said Dave Meurer, director of community affairs for Resource Environmental Solutions, the company leading the restoration project.
PacifiCorp built the dams starting in 1918 to generate electricity. The dams halted the natural flow of the river and disrupted the lifecycle of salmon, a fish that spends most of its life in the Pacific Ocean but returns to the chilly mountain streams to lay eggs. The fish are culturally and spiritually significant to a number of Native American tribes, who historically survived by fishing the massive runs of salmon that would come back to the rivers each year.
A combination of low water levels and warm temperatures in 2002 led to a bacterial outbreak that killed more than 34,000 fish, mostly Chinook salmon. The loss jumpstarted decades of advocacy from Native American tribes and environmental groups, culminating last year when federal regulators approved a plan to remove the dams.
“The river is our church, the salmon is our cross. That’s how it relates to the people. So it’s very sacred to us,” said Kenneth Brink, vice chairman of the Karuk Tribe. “The river is not just a place we go to swim. It’s life. It creates everything for our people.”
The project will cost $500 million, paid for by taxpayers and PacifiCorps ratepayers. Crews have mostly removed the smallest of the four dams, known as Copco No. 2. The other three dams are expected to come down next year. That will leave some homeowners in the area without the picturesque lake they have lived on for years.
The Siskiyou County Water Users Association, which formed about a decade ago to stop the dam removal project, filed a federal lawsuit. But so far they have been unable to stop the demolition.
“Unfortunately it’s a mistake you can’t turn back from,” association President Richard Marshall said.
The water level in the lakes will drop between 3 feet and 5 feet (1 meter to 1.5 meters) per day over the first few months of next year. Crews will follow that water line, taking advantage of the moisture in the soil to plant seeds from more than 98 native plant species including wooly sunflower, Idaho fescue and Blue bunch wheat grass.
Tribes have been invested in the process from the start. Resource Environmental Solutions hired tribal members to gather seeds from native plants by hand. The Yurok Tribe even hired a restoration botanist.
Each species has a role to play. Some, like lupine, grow quickly and prepare the soil for other plants. Others, like oak trees, take years to fully mature and provide shade for other plants.
“It’s a wonderful marriage of tribal traditional ecological knowledge and western science,” said Mark Bransom, CEO of the Klamath River Renewal Corporation, the nonprofit entity created to oversee the project.
The previous largest dam removal project was on Washington state’s Elwha River, which flows out of Olympic National Park into the Strait of Juan de Fuca. Congress in 1992 approved the demolition of the two dams on the river constructed in the early 1900s. After two decades of planning, workers finished removing them in 2014, opening about 70 miles (113 kilometers) of habitat for salmon and steelhead.
Biologists say it will take at least a generation for the river to recover, but within months of the dams being removed, salmon were already recolonizing sections of the river they had not accessed in more than a century. The Lower Elwha Klallam Tribe, which has been closely involved in restoration work, is opening a limited subsistence fishery this fall for coho salmon, its first since the dams came down.
Brink, the Karuk Tribe vice chair, hopes similar success will happen on the Klamath River. Multiple times per year, Brink and other tribal members participate in ceremonial salmon fishing using handheld nets. In many years, there have been no fish to catch, he said.
“When the river gets to flow freely again, the people can also begin to worship freely again,” he said.
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Associated Press writer Eugene Johnson in Seattle contributed.
Copyright 2023 The Associated Press. All rights reserved.
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NEW YORK — NEW YORK — Varonis Systems Inc. (VRNS) on Monday reported a loss of $38.7 million in its second quarter.
The data-management software company posted revenue of $115.4 million in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $119.2 million.
For the current quarter ending in September, Varonis expects its per-share earnings to range from 2 cents to 3 cents.
The company said it expects revenue in the range of $123.5 million to $127 million for the fiscal third quarter.
Varonis expects full-year earnings in the range of 21 cents to 23 cents per share, with revenue ranging from $497 million to $503 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRNS at https://www.zacks.com/ap/VRNS
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ATLANTA, July 31, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN) today released its second quarter 2023 financial results. Complete financial results are available at investor.aarons.com. Highlights of those results are included below and in the attached supplement.
Second Quarter 2023 Consolidated Results1:
- Revenues were $530.4 million, a decrease of 13.1%
- Net earnings were $6.5 million, an increase of 222.0%; Non-GAAP net earnings2 were $12.2 million, a decrease of 50.6%
- Adjusted EBITDA2,3 was $42.4 million, a decrease of 17.0%
- Diluted EPS was $0.21; Non-GAAP diluted EPS2 was $0.39
- Write-offs were 5.4% in the Aaron's Business, an improvement of 30 basis points
- Reduced debt $36.1 million in the quarter and $124.3 million since the prior year quarter-end
- Updates 2023 full year outlook; lowers revenues, maintains adjusted EBITDA, and increases adjusted free cash flow
Second Quarter 2023 Key Items:
The Aaron's Company
- Earnings were ahead of internal expectations largely due to ongoing expense controls, despite lower revenues in both business segments
- Ended the quarter with cash and cash equivalents of $38.4 million and debt of $186.1 million, resulting in a net debt2 reduction of $30.2 million in the quarter primarily due to strong cash provided by operating activities
Aaron's Business
- Earnings before income taxes were $30.8 million; adjusted EBITDA was $49.5 million, which exceeded internal expectations and increased 3.0% as compared to the prior year quarter primarily due to lower total operating expenses and lower write-offs
- Personnel and other operating expenses benefited from cost optimization initiatives and ongoing investments in technology platforms and marketing analytics
- Ended the quarter with 230 GenNext stores, 101 hubs, and 101 showrooms
- GenNext stores accounted for approximately 29% of lease revenues & fees and retail sales
- E-commerce revenues increased 5.5% as compared to the prior year quarter and represented 17.9% of lease revenues
BrandsMart
- Earnings before income taxes were $1.1 million; adjusted EBITDA was $4.5 million, which exceeded internal expectations despite lower revenues due to continued pressure on customer demand
- Began construction on first new BrandsMart store planned to open in Augusta, GA in Q4 2023
The Company will host an earnings conference call tomorrow, August 1, 2023, at 8:30 a.m. ET. Chief Executive Officer Douglas A. Lindsay will host the call along with President Steve Olsen and Chief Financial Officer C. Kelly Wall. A live audio webcast of the conference call and presentation slides may be accessed at investor.aarons.com and the hosting website at https://events.q4inc.com/attendee/457512107. A transcript of the webcast will also be available at investor.aarons.com.
About The Aaron's Company, Inc.
Headquartered in Atlanta, The Aaron's Company, Inc. (NYSE: AAN) is a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions of appliances, electronics, furniture, and other home goods across its brands: Aaron's, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. Aaron's offers a direct-to-consumer lease-to-own solution through its approximately 1,260 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform. BrandsMart U.S.A. is one of the leading appliance retailers in the country with ten retail stores in Florida and Georgia, as well as its e-commerce platform. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is the Company's furniture manufacturing division. For more information, visit investor.aarons.com, aarons.com, and brandsmartusa.com.
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DENVER, July 31, 2023 /PRNewswire/ -- The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribution paid on July 31, 2023 of $0.1050 per share to shareholders of record at the close of business on July 18, 2023, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission and includes the notice below sent to shareholders regarding the source of the distribution.
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
The Fund estimates that it has distributed more than its income; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.
The timing and character of distributions for federal income tax purposes are determined in accordance with income tax regulations, which may differ from GAAP. As such, all or a portion of this distribution may be reportable as taxable income on your 2023 federal income tax return. The final tax character of any distribution declared in 2023 will be determined in January 2024 and reported to you on IRS Form 1099-DIV.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to distribution record date.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market. Past performance does not guarantee future results. Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Please retain this document for your records.
ALPS Advisors, Inc. is the investment adviser to the Fund.
Principal Real Estate Investors LLC is the investment sub-adviser to the Fund. Principal Real Estate Investors LLC is not affiliated with ALPS Advisors, Inc. or any of its affiliates.
ALPS Portfolio Solutions Distributor, Inc. is the FINRA Member.
PRE000386 7/31/2024
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SANTA FE, N.M. (KRQE) – The Santa Fe Police Department is investigating a shooting incident that injured two people on Sunday, July 30. They are now seeking information from the public.
Police say they received multiple calls of shots fired near the Fort Marcy Recreation Complex. Officers in the downtown area reportedly heard the shots and responded. When they arrived, they found evidence and began canvassing the area.
During the canvassing, the police department was contacted by the Christus St. Vincent’s Hospital, which had a male that came to the hospital to be treated for a gunshot wound. Shortly after, police officers found a second male victim near the shooting location.
The second victim was treated by paramedics on the scene and was then taken to a local hospital. According to police, both victims have non-life-threatening injuries.
The case is still under investigation. Anyone with information is asked to call Detective Anthony Sweeney at (505) 955-5401.
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MIDLAND, Texas — MIDLAND, Texas — Viper Energy Partners LP (VNOM) on Monday reported second-quarter earnings of $30.6 million.
The oil and gas company posted revenue of $160.8 million in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $159.6 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VNOM at https://www.zacks.com/ap/VNOM
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CHICAGO, July 31, 2023 /PRNewswire/ -- The Board of Directors of ACG – the premier midmarket mergers and acquisitions association – announces the appointment of its new Chief Executive Officer, Brent Baxter, effective July 31, 2023.
An executive search committee, led by ACG Chairman Christine Nowaczyk, launched a national search through Korn Ferry to find an innovative leader who can keep up with the growth of the industry while listening and truly understanding the needs of ACG's chapters and members. "We found that person in Brent," said Nowaczyk, "and we are excited for the organization's next chapter. I want to thank my board colleagues and our committee for their contributions toward the extensive search."
Baxter has a long career in middle market M&A, ACG's core focus, with more than 25 years of sell-side and buy-side advisory experience, closing more than 200 transactions with a combined value of more than $1 billion. He also has a long and dedicated history supporting ACG in a volunteer capacity, serving in multiple positions on the ACG Board of Directors, and was recently honored with a Lifetime Achievement Award at the 2023 DealMAX event.
Brent served as ACG Chairman in 2021 and has been a member of the Executive Committee for the past six years – four years with the Office of the Chair, and two years as Finance Chair.
Beginning in 2015, Brent spearheaded many key membership strategies, including a growth initiative targeting corporate/strategic acquirer members, which flourished in 38 of ACG's local chapters. He also co-chaired the first national Strategic Acquirer Summit, which drew 120 high-value corporate attendees in Dallas in 2019. The program was suspended during COVID but successfully returned in 2023 in an invigorated form during ACG's largest event, DealMAX.
Brent has been an active participant in numerous chapter leadership events for 20+ years, forming deep connections with ACG's chapter network. He has attended more than 250 ACG events throughout the U.S. and has been a key member of his local ACG St. Louis chapter, serving in multiple positions, including Board President, Membership Chair, Chair of the Corporate Peer Group, as well as Chair of a key multi-chapter Midwest event, the Growth Conference.
"Brent has played a vital role in the success of ACG for many years, and has a deep familiarity with ACG's strategic plan, leadership and staff, member segments and, most importantly, actionable areas for growth," said Nowaczyk. "He not only embodies the values of ACG but also brings a fresh perspective and innovative ideas. With his experience and passion, we have full confidence that Brent will further enhance ACG's global reputation as a hub for middle-market growth, dealmaking, and thought leadership."
Baxter comes to ACG most recently from Nolan & Associates, a leading boutique investment banking firm with a focus on the middle market, where he has been Managing Director since 2019.
Prior to joining Nolan, Brent spent 18 years as Managing Director of a St. Louis independent investment bank. He also has extensive experience growing private companies through acquisitions, serving as CEO of a food manufacturing company that more than quadrupled its sales in eight years, and is currently on the boards of several privately held companies.
"I am eager to work even more extensively with our board of directors, our dedicated chapter boards and volunteers and our amazingly talented team of ACG professionals as we continue to provide our middle-market M&A community with best-in-class member benefits, innovative resources and expanded, relevant networking opportunities," said Brent Baxter. "ACG's mission is more relevant today than ever. In this dynamic economic landscape, supporting and amplifying middle-market growth is not just a responsibility—it is an opportunity to shape the future of business. I am ready and committed to lead ACG on this exciting journey."
The new CEO will direct all areas of ACG's operations, including several initiatives that are at the core of ACG's mission.
This includes overseeing ACG's expansive chapter network, which offers members a wealth of networking opportunities through more than 2,000 annual meetings and events as well as DealMAX, ACG's annual conference and premier networking opportunity for middle market professionals.
Moreover, Baxter will oversee ACG's media division, which includes the Middle Market Growth suite of publications and digital products (Middle Market Executive, Middle Market DealMaker, and several special reports), GrowthTV, an online media channel providing engaging and insightful content for the middle-market community, and the Middle Market Growth Conversations podcast.
Mid-market private equity valuation and deal terms database GF Data, ACG's first acquisition, is also a key part of the future plans for a revitalized and more robust ACG under Baxter's leadership.
The ACG Board expresses its sincere gratitude to Lisa Harris, the organization's CFO and Interim CEO, for her exceptional leadership and dedication during this transitional period.
We also extend our appreciation to the search firm Korn Ferry for their professional assistance in this pivotal CEO search, and to the entire ACG staff for their unwavering dedication to our organization and its mission.
Please watch a GrowthTV video where Brent Baxter discusses what's next for ACG.
About ACG (Association for Corporate Growth)
Founded in 1954, ACG is the premier M&A dealmaking community with a mission of driving middle-market growth. ACG's global network operates within 61 local markets worldwide and comprises more than 100,000 middle-market professionals who invest in, own and advise growing companies. Learn more about ACG and become a member at www.acg.org.
Media Contact: Sue Ter Maat, ACG, 847-772-4354 or stermaat@acg.org
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PORT ANGELES, Washington (WJW) – An 8-year-old child was attacked by a cougar at Olympic National Park’s Lake Angeles on Saturday evening.
The child was with their family at Lake Angeles, south of Port Angeles, when the attack happened Saturday night, the National Park Service said Monday.
“The cougar casually abandoned its attack after being yelled and screamed at by the child’s mother,” NPS wrote in a news release. The child suffered only minor injuries and was taken to a local hospital for evaluation.
Park officials then evacuated the remaining campers in the Lake Angeles area, closing the space and Heather Park to the public. Olympic National Park wildlife biologist Tom Kay said in a statement that the decision to close the Lake Angeles Trail, Heather Park Trail, Switchback Trail, and the entire Klahhane Ridge Trail was made “out of an abundance of caution.”
Early Sunday morning, park law enforcement and wildlife personnel who specialize in cougar tracking were dispatched to the last known location of the cougar at Lake Angeles, the park service reported. If located, the cougar will be euthanized and removed from the park for a necropsy.
“This may provide clues as to why the animal attacked since cougars are rarely seen and attacks on humans are extraordinarily rare,” park officials said. “Olympic National Park has extensive protocols in place for wildlife observations, interactions, and attacks and the lethal removal of this cougar is in line with these protocols.”
Because Olympic National Park is considered “cougar territory,” NPS recommends visitors be prepared for the encounter. They should not hike or jog alone, and children should remain near adults. Pets should also be left at home.
Should you encounter a cougar, you should remain calm and avoid running, according to wildlife experts. Do your best to appear as large as possible, continue watching the animal, and be loud. NPS also recommends throwing items like rocks or sticks at the cougar.
There have been no recent deaths caused by cougars in Olympic National Park, according to NPS data.
It’s not the first wildlife attack in the national parks this year, though.
Last week, a woman was found dead after an “apparent bear encounter” near Yellowstone National Park. Earlier this month, a woman in the park suffered “significant injuries” after being gored by a bison.
The park warns that between mid-July and mid-August, bison are in mating season and “can become agitated more quickly.”
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The Fitness Superstore to Exclusively Carry the REP Line
DENVER, July 31, 2023 /PRNewswire/ -- Home and commercial gyms in the United Kingdom and Ireland are about to level up.
One of the USA's top gym equipment brands has joined forces with the UK's largest speciality fitness retailer. Starting this summer, Bodypower Sports Ltd. (trading as Fitness Superstore) will carry a large range of REP Fitness equipment. This expansion was in response to a growing demand overseas, after REP took the US by storm. It kicks off the launch of REP products throughout all of Europe, so more people can have access to REP's versatile, quality, innovative equipment.
REP, founded a decade ago in Colorado by two gym-loving brothers, has risen to become America's most popular brand in the home gym market. It offers a full line of gym gear, all designed by in-house, weightlifting engineers for both commercial and home gyms.
REP's award-winning power racks, benches, functional training gyms, and more will soon be available for UK customers to try out and order in Fitness Superstore showrooms across the UK (11 stores). Fitness Superstore, founded in 1994, is the largest supplier of specialist fitness equipment in the UK and is proud to feature the largest fitness equipment showrooms in the UK.
Fitness Superstore will also carry REP on its website, to be delivered throughout the UK and Ireland.
"Fitness Superstore is proud to exclusively represent this fantastic and innovative brand in the UK," says Paul Walker, Fitness Superstore managing director and owner.
Ryan McGrotty, co-founder or REP, echoes that. He says Fitness Superstore and REP make a great partnership because both are staffed by real-life fitness enthusiasts and professionals; they both offer a full range of equipment, and they both value creating community and making fitness accessible to all.
"We're excited to be working with such a strong partner in the UK with Fitness Superstore. We know they will offer a great shopping experience for all our fans in the UK who have been eagerly awaiting the availability of our products," says McGrotty. "Their broad store footprint will make it convenient for everyone to easily see and test our products before taking them home.
ABOUT REP
REP Fitness designs and sells world-class, innovative strength equipment that is sold around the world. REP was founded in Colorado in 2012 by two brothers with a shared passion for fitness and has grown into more than 300,000 square feet of office and distribution space and a team of more than 150 dedicated fitness enthusiasts. That shared passion for fitness is what drives REP's innovative spirit, where creating class-leading fitness equipment, with an emphasis on incredible home gyms, is paramount.
REP has been listed twice on the Inc. 5,000 fastest-growing companies — in 2018 and in 2021. REP products are frequently listed as top choices in many fitness publications, such as Men's Health.
For more information, visit repfitness.com. Connect with REP on Instagram, YouTube, Facebook, TikTok, and LinkedIn.
ABOUT FITNESS SUPERSTORE
Fitness Superstore, founded in 1994, is the largest supplier of specialist fitness equipment in the UK and is proud to feature the largest fitness equipment showrooms in the UK.
Learn more at fitness-superstore.co.uk. You can also connect with Fitness Superstore on Facebook, Instagram, YouTube, and TikTok.
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NEW YORK — NEW YORK — Vornado Realty Trust (VNO) on Monday reported a key measure of profitability in its second quarter. The results surpassed Wall Street expectations.
The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of 64 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $46.4 million, or 24 cents per share.
The real estate investment trust, based in New York, posted revenue of $472.4 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $440.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VNO at https://www.zacks.com/ap/VNO
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THOUSAND OAKS, Calif., July 31, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that it will report its second quarter financial results on Thursday, August 3, 2023, after the close of the U.S. financial markets. The announcement will be followed by a conference call with the investment community at 1:30 p.m. PT. Participating in the call from Amgen will be Robert A. Bradway, chairman and chief executive officer, and other members of Amgen's senior management team.
Live audio of the conference call will be simultaneously broadcast over the internet and will be available to members of the news media, investors and the general public.
The webcast, as with other selected presentations regarding developments in Amgen's business given by management at certain investor and medical conferences, can be found on Amgen's website, www.amgen.com, under Investors. Information regarding presentation times, webcast availability and webcast links are noted on Amgen's Investor Relations Events Calendar. The webcast will be archived and available for replay for at least 90 days after the event.
About Amgen
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2022, Amgen was named one of the "World's Best Employers" by Forbes and one of "America's 100 Most Sustainable Companies" by Barron's.
For more information, visit Amgen.com and follow us on Twitter, LinkedIn, Instagram, TikTok and YouTube.
CONTACT: Amgen, Thousand Oaks
Jessica Akopyan, 805-440-5721 (media)
Elissa Snook, 609-251-1407 (media)
Arvind Sood, 805-447-1060 (investors)
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(NEXSTAR) – When it comes to retirement, where you live can greatly affect just how golden your post-career years actually are.
A new study from Bankrate ranks all 50 U.S. states when it comes to affordability, overall well-being, healthcare quality/cost, weather, and crime. With soaring inflation and a volatile stock market, affordability was given the most statistical weight, with the others decreasing respectively.
Iowa is the best state in which to retire, the study found, thanks to its affordability (3), quality/cost of health care (11), and crime (12).
“Choosing where to retire is deeply personal, but Iowa’s affordable cost of living, inexpensive but high-quality health care, and low crime make it a compelling option for retirees looking to stretch their retirement income in this economy,” said Bankrate analyst Alex Gailey. “In our overall ranking, the best and worst states for retirees are split geographically. The Midwest and the South claim the top five states, while the Northeast and West claim the bottom five states, primarily because of the differences in cost of living.”
For some residents nearing retirement in Alaska – ranked 50 out of 50 – New York (49), California (48), Washington (47), and Massachusetts (46), a move toward the middle of the country could pay off, Bankrate’s findings suggest.
While all five of the least favorable states scored poorly when it came to affordability, Alaska also ranked last for weather and 49th for crime.
“For many Americans, a comfortable retirement may feel out of reach,” Gailey said. “After battling elevated inflation over the last two years, relocating to find cheaper housing or a lower cost of living may be a good alternative for retirees who have tighter budgets but want to retire comfortably. If you’re considering a late-life move to lower your cost of living in retirement, our rankings provide some food for thought.”
The American Association of Retired Persons (AARP) reports that an increasing number of retirees left their home state to find cheaper housing in 2022.
The annual study from Hire A Helper, an online moving-services marketplace, found that 12% of American retirees moved for that reason in 2022, the highest percentage since 2014.
“That kind of cost consciousness is something we haven’t seen at this level since 2014,” Miranda Marquit, chief data analyst at Hire A Helper, told AARP, citing Census data.
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MENLO PARK, Calif., July 31, 2023 /PRNewswire/ -- Robert Half Inc. (NYSE: RHI) announced today that its board of directors has approved a quarterly cash dividend of $0.48 per share. The cash dividend will be paid on Sept. 15, 2023, to all shareholders of record as of Aug. 25, 2023.
Robert Half is the world's first and largest specialized talent solutions and business consulting firm that connects people with meaningful work and provides companies with the talent and subject matter expertise they need to confidently compete and grow. Robert Half is the parent company of Protiviti®, a global consulting firm that provides internal audit, risk, business and technology consulting solutions. Robert Half, including Protiviti, has been named to the Fortune® Most Admired Companies™ and Most Innovative Companies lists and is a Forbes Best Employer for Diversity. Robert Half has talent solutions and consulting operations in more than 400 locations worldwide.
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TOLEDO, Ohio — TOLEDO, Ohio — Welltower Inc. (WELL) on Monday reported a key measure of profitability in its second quarter. The results beat Wall Street expectations.
The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 86 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $103 million, or 20 cents per share.
The senior housing and health care real estate investment trust, based in Toledo, Ohio, posted revenue of $1.67 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $1.59 billion.
Welltower expects full-year funds from operations in the range of $3.48 to $3.59 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WELL at https://www.zacks.com/ap/WELL
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SANTA FE, N.M. (KRQE) – In the second incident this year, the New Mexico Department of Health is once again saying they’ve accidentally exposed personal information. Officials say they’re working on fixing internal security issues.
“We want to reassure the public that protecting your personal data is our top priority,” Patrick Allen, secretary for the Department of Health, said in a press release. “As part of our response to this incident, we have taken several steps to strengthen our security protocols and enhance our monitoring systems.”
The department says they sent a file to Habitat for Humanity which contained data that could expose some people’s personal information. The health department says they discovered the mistake in mid-July and don’t have any evidence that suggests the data has been misused.
The New Mexico Department of Health says they’ve notified individuals whose information may have been compromised. The department also offered an apology: “Our sincere apologies go out to anyone affected by this breach. We understand the importance of your trust and want to reiterate our commitment to safeguarding your data. We remain focused on upholding the highest standards of data security to prevent any future breaches and continue to serve you with dedication and accountability,” the department said in a press release.
Earlier this year, the department accidentally released the personal information of deceased locals. The department says individuals with questions about their privacy following the latest data release can contact the department’s chief privacy officer at privacy@doh.nm.gov.
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- VOXZOGO® Growth Continued in the Second Quarter Driven by Global Demand Resulting in Increased Full Year 2023 Guidance
- Pivotal Program with VOXZOGO in New, Potential Second Indication, Hypochondroplasia, to Begin in the Fourth Quarter of 2023
- U.S. Approval of ROCTAVIAN™ Received in the Second Quarter and Commercial Launch Underway; Commercial Launch in Europe Making Progress
SAN RAFAEL, Calif., July 31, 2023 /PRNewswire/ -- BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) today announced financial results for the six months and second quarter ended June 30, 2023.
"Outstanding execution across our business led to record revenues in the first half of 2023. We reached more children with VOXZOGO around the world, as physicians and families sought treatment with the only approved medicine targeting the genetic cause of achondroplasia," said Jean-Jacques Bienaimé, Chairman and Chief Executive Officer of BioMarin. "We were also very pleased to have received the highly anticipated U.S. approval of ROCTAVIAN, the only gene therapy treatment for severe hemophilia A. U.S. commercial launch activities are well underway following the June 29 approval, in parallel with launch progress across a number of European countries."
Mr. Bienaimé added, "for the remainder of 2023, we plan to build on the foundation of growth and profitability achieved in the first half of the year, expand VOXZOGO globally and treat the first ROCTAVIAN patients in the U.S. and Europe."
Financial Highlights:
- Total Revenues for the second quarter of 2023 were $595.3 million, an increase of 12% compared to the same period in 2022. The increase in Total Revenues was primarily attributed to the following:
- GAAP and Non-GAAP Net Income increased by $28.3 million and $28.4 million, respectively, for the second quarter of 2023 compared to the same period in 2022. The increased net income was primarily due to higher gross profit and interest income, partially offset by higher spend in research and development programs to support both early-stage research and clinical activities, as well as higher selling, general and administrative expenses due to higher foreign currency losses and to support the commercial launches of VOXZOGO and ROCTAVIAN.
Recent Product Approvals and Launches (ROCTAVIAN and VOXZOGO)
- On June 29, 2023 the FDA approved ROCTAVIAN gene therapy for the treatment of adults with severe hemophilia A (congenital factor VIII (FVIII) deficiency with FVIII activity < 1 IU/dL) without antibodies to adeno-associated virus serotype 5 (AAV5) detected by an FDA-approved test. The FDA approval is based on data from the global Phase 3 GENEr8-1 study, the largest Phase 3 trial of any gene therapy in hemophilia. The one-time, single-dose infusion is the first approved gene therapy for severe hemophilia A in the U.S. ROCTAVIAN was first conditionally approved by the European Commission in August 2022.
Following FDA approval, the Company activated its U.S.-based salesforce and communicated that ROCTAVIAN is expected to be available for commercial use in August. BioMarin estimates that there are approximately 2,500 people living with severe hemophilia A in the United States who are eligible for treatment and receiving care at approximately 140 hemophilia treatment centers. - In Europe, BioMarin continues to make progress on the pricing and reimbursement process for ROCTAVIAN in Germany, France and Italy to facilitate access. BioMarin is working directly with the German National Association of Statuary Health Insurance Funds (GKV) to finalize access to ROCTAVIAN. At present, people in Germany with severe hemophilia A, who are eligible for treatment with ROCTAVIAN, can access treatment through either Named Patient authorizations or previously secured Outcomes Based Agreements. In France and Italy, BioMarin is working directly with the single public insurance funds in each country to secure reimbursement and access to ROCTAVIAN, expected later in 2023.
- As of the end of June 2023, more than 2,000 children with achondroplasia were being treated with VOXZOGO across 36 active markets. In the second quarter, patient growth remained strong worldwide. Based on these trends, today BioMarin updated full-year 2023 VOXZOGO guidance to between $400 million and $440 million. VOXZOGO is currently approved for the treatment of children 2 years old and older in Europe, for children 5 years old and older in the U.S., and approved for all ages from birth in Japan.
VOXZOGO and ROCTAVIAN Market Expansion Opportunities
- Today, BioMarin announced its plan to begin enrollment in the pivotal program with VOXZOGO for the treatment of children with hypochondroplasia, a condition characterized by impaired bone growth. Hypochondroplasia is a genetic statural condition caused by a mutation (gene change) in the fibroblast growth factor receptor-3 (FGFR3) gene.
Leveraging years of safety data from the VOXZOGO development program in achondroplasia, emerging data from an investigator-led Phase 2 study and following receipt of feedback from FDA, BioMarin plans to begin the 6-month observation arm of the study later this year, followed by the 52-week randomized, double-blind, placebo-controlled phase of the 80-participant clinical trial. If successful, BioMarin believes this study will be able to support regulatory approval in this large indication. - In the coming months in the U.S. and Europe, the Company expects to learn the outcome of its request to expand VOXZOGO access to younger age groups, based on favorable results from a Phase 2 study in infants and young children and the importance of starting treatment as early as feasible. Age expansions would provide access to treatment with VOXZOGO to more than 1,000 additional children in the U.S. and Europe.
- Additional product expansion opportunities with ROCTAVIAN continue, including a clinical study investigating ROCTAVIAN treatment in those with active or prior inhibitors and continued exploration of methods of administering ROCTAVIAN in people with pre-existing antibodies against AAV5.
Earlier-stage Development Portfolio (BMN 255, BMN 331, BMN 351, BMN 349, BMN 293)
- BioMarin plans to showcase its Research and Development capabilities and earlier-stage product candidate updates at its R&D Day on September 12, 2023. Details on accessing the live event will be available on BioMarin's website in early September.
- BMN 255 for hyperoxaluria in chronic liver disease: The Company has concluded the multi-ascending dose study with BMN 255 in healthy human volunteers. Based on early data demonstrating a rapid and potent increase in plasma glycolate following treatment with BMN 255, BioMarin plans to open enrollment in an expanded study in patients with chronic liver disease and hyperoxaluria in the second half of 2023. The Company believes the availability of a potent, orally bioavailable, small molecule like BMN 255 may be able to significantly reduce disease and treatment burden in a patient population with significant unmet need.
- BMN 331 gene therapy product candidate for Hereditary Angioedema (HAE): Dosing continues in the Phase 1/2 HAERMONY study to evaluate BMN 331, an investigational AAV5-mediated gene therapy for people living with HAE. In January 2023, BioMarin shared that the first participant treated with the 6e13vg/kg dose demonstrated C1-Inhibitor levels that were approaching the therapeutically relevant range. In March 2023, the second sentinel participant was safely dosed at 6e13vg/kg and this individual has had a similar initial response. BioMarin will continue to monitor the trajectory of expression in these two individuals before deciding on next steps in this program.
- BMN 351 for Duchenne Muscular Dystrophy (DMD): Investigational New Drug application (IND)-enabling activities continue with BMN 351, an antisense oligonucleotide therapy for individuals with exon 51-skip-amenable DMD. BMN 351 was developed using familiar chemistry and superior biology, by targeting a novel, splice enhancer site demonstrating improved binding affinity and tolerability in preclinical models. Preclinical data suggest that restored expression of near-full-length dystrophin protein at levels of up to 40% will convert phenotypes from rapid loss to durable preservation of strength and ambulation.
- BMN 349 for alpha-1 antitrypsin deficiency: Preclinical studies have demonstrated that BMN 349 is an orally bioavailable, small molecule that preferentially sequesters mutant protein, preventing polymerization in liver cells that drive the progressive liver disease form of the illness. In preclinical studies BMN 349 is titratable to effect, with rapid onset and high potency. Preclinical results have strong implications for potential improvement of current management, particularly for severe liver disease requiring rapid action. IND enabling studies are concluding and BioMarin plans to submit the IND in the second half of 2023.
- BMN 293 for MYBPC3 hypertrophic cardiomyopathy (HCM): Mutations in the MYBPC3 gene are the most common cause of inherited HCM. Early investigations suggest that gene therapy-mediated gene transfer can lead to widespread expression of the gene product, cardiac myosin-binding protein C (MyBP-C), in cardiac tissue, which can normalize cardiac hypertrophy, improve relaxation kinetics and potentially alleviate functional deficits in individuals suffering from cardiomyopathy. IND enabling studies are underway and have incorporated pre-IND feedback from the FDA. BioMarin's goal is to submit an IND for BMN 293 in the second half of 2023.
2023 Full-Year Financial Guidance (in millions, except % and EPS amounts) (Updated)
BioMarin will host a conference call and webcast to discuss second quarter 2023 financial results today, Monday, July 31, 2023, at 4:30 p.m. ET. This event can be accessed through this link or on the investor section of the BioMarin website at www.biomarin.com.
About BioMarin
Founded in 1997, BioMarin is a global biotechnology company dedicated to transforming lives through genetic discovery. The Company develops and commercializes targeted therapies that address the root cause of genetic conditions. BioMarin's robust research and development capabilities have resulted in multiple innovative commercial therapies for patients with rare genetic disorders. The Company's distinctive approach to drug discovery has produced a diverse pipeline of commercial, clinical, and pre-clinical candidates that address a significant unmet medical need, have well-understood biology, and provide an opportunity to be first-to-market or offer a substantial benefit over existing treatment options. For additional information, please visit www.biomarin.com.
Forward-Looking Statements
This press release and the associated conference call and webcast contain forward-looking statements about the business prospects of BioMarin Pharmaceutical Inc. (BioMarin), including, without limitation, statements about: the expectations of Total Revenues, Net Product Revenues, Enzyme Product Revenues, Gross Profit, Research and Development Expense (R&D), Selling, General and Administrative Expense (SG&A), GAAP Net Income, Non-GAAP Income, GAAP Diluted EPS and Non-GAAP Diluted EPS for the full-year 2023; cash flows from operating activities; the timing of orders for commercial products; the timing of BioMarin's clinical development and commercial prospects, including announcements of data from clinical studies and trials; the clinical development and commercialization of BioMarin's product candidates and commercial products, including (i) the potential to leverage VOXZOGO in conditions beyond achondroplasia, such as hypochondroplasia, (ii) the results from clinical studies regarding product expansion opportunities for ROCTAVIAN, (iii) BioMarin's plans to initiate and enroll an expanded study of BMN 255 in the second half of 2023, (iv) BioMarin's plan to submit an IND for BMN 349 in the second half of 2023, and (v) BioMarin's goal to submit an IND for BMN 293 in the second half of 2023; the potential approval and commercialization of BioMarin's product candidates, including commercialization of ROCTAVIAN for the treatment of severe hemophilia A in the U.S. following FDA approval in June 2023, and the timing of such approval decisions and product launches, including (i) the anticipated start and growth of commercial sales of VOXZOGO in additional countries, and (ii) BioMarin's expectation that U.S. and EU health authorities take action on its supplemental marketing applications for VOXZOGO in the coming months and the number of additional children that will be eligible for VOXZOGO if such age expansions are accepted; the expected benefits and availability of BioMarin's product candidates; and potential growth opportunities and trends, including that BioMarin expects accelerated growth of VOXZOGO revenues as the product launch continues in future quarters and that BioMarin expects growth of ROCTAVIAN revenues as the product's access is expanded in Europe and following commercial launch in the U.S.
These forward-looking statements are predictions and involve risks and uncertainties such that actual results may differ materially from these statements. These risks and uncertainties include, among others: BioMarin's success in the commercialization of its commercial products, impacts of macroeconomic and other external factors on BioMarin's operations; results and timing of current and planned preclinical studies and clinical trials and the release of data from those trials; BioMarin's ability to successfully manufacture its commercial products and product candidates; the content and timing of decisions by the FDA, the European Commission and other regulatory authorities concerning each of the described products and product candidates; the market for each of these products; actual sales of BioMarin's commercial products; the introduction of generic versions of BioMarin's commercial products, in particular generic versions of KUVAN; and those factors detailed in BioMarin's filings with the Securities and Exchange Commission (SEC), including, without limitation, the factors contained under the caption "Risk Factors" in BioMarin's Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 as such factors may be updated by any subsequent reports. Stockholders are urged not to place undue reliance on forward-looking statements, which speak only as of the date hereof. BioMarin is under no obligation, and expressly disclaims any obligation to update or alter any forward-looking statement, whether as a result of new information, future events or otherwise.
BioMarin®, BRINEURA®, KUVAN®, NAGLAZYME®, PALYNZIQ®, VIMIZIM® and VOXZOGO® are registered trademarks of BioMarin Pharmaceutical Inc., or its affiliates. ROCTAVIANTM is a trademark of BioMarin Pharmaceutical Inc. ALDURAZYME® is a registered trademark of BioMarin/Genzyme LLC. All other brand names and service marks, trademarks and other trade names appearing in this release are the property of their respective owners.
Non-GAAP Information
The results presented in this press release include both GAAP information and Non-GAAP information. Non-GAAP Income is defined by the Company as GAAP Net Income excluding amortization expense, stock-based compensation expense, contingent consideration expense, and, in certain periods, certain other specified items, as detailed below when applicable. The Company also includes a Non-GAAP adjustment for the estimated tax impact of the reconciling items. Non-GAAP Diluted EPS is defined by the Company as Non-GAAP Income divided by Non-GAAP diluted shares outstanding
BioMarin regularly uses both GAAP and Non-GAAP results and expectations internally to assess its financial operating performance and evaluate key business decisions related to its principal business activities: the discovery, development, manufacture, marketing and sale of innovative biologic therapies. Because Non-GAAP Income, Non-GAAP Diluted EPS and Non-GAAP Diluted Shares are important internal measurements for BioMarin, the Company believes that providing this information in conjunction with BioMarin's GAAP information enhances investors' and analysts' ability to meaningfully compare the Company's results from period to period and to its forward-looking guidance, and to identify operating trends in the Company's principal business. BioMarin also uses Non-GAAP Income internally to understand, manage and evaluate its business and to make operating decisions, and compensation of executives is based in part on this measure.
Non-GAAP Income and its components are not meant to be considered in isolation or as a substitute for, or superior to comparable GAAP measures and should be read in conjunction with the consolidated financial information prepared in accordance with GAAP. Investors should note that the Non-GAAP information is not prepared under any comprehensive set of accounting rules or principles and does not reflect all of the amounts associated with the Company's results of operations as determined in accordance with GAAP. Investors should also note that these Non-GAAP financial measures have no standardized meaning prescribed by GAAP and, therefore, have limits in their usefulness to investors. In addition, from time to time in the future there may be other items that the Company may exclude for purposes of its Non-GAAP financial measures; likewise, the Company may in the future cease to exclude items that it has historically excluded for purposes of its Non-GAAP financial measures. Because of the non-standardized definitions, the Non-GAAP financial measure as used by BioMarin in this press release and the accompanying tables may be calculated differently from, and therefore may not be directly comparable to, similarly titled measures used by other companies.
The following tables present the reconciliation of GAAP reported to Non-GAAP adjusted financial information:
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Published: Jul. 31, 2023 at 4:30 PM EDT|Updated: 58 minutes ago
Business highlights include $50 million share repurchase, continued progress integrating recent acquisitions, ongoing development and implementation of organic growth and customer experience initiatives including our new University Park, IL service center, and eighth consecutive increase in the quarterly dividend. Quarterly results include strong cash flow generation.
CHICAGO, July 31, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the second quarter ended June 30, 2023.
Highlights:
Achieved Net Income attributable to Ryerson Holding Corporation of $37.6 million with Adjusted EBITDA1, excluding LIFO of $70.1 million
Earned Diluted EPS2 of $1.06 on revenue of $1.3 billion
Generated Operating Cash Flow of $115.3 million and Free Cash Flow of $69.1 million
Maintained Net Leverage ratio within target range at 1.4x, debt of $396 million and net debt3 of $366 million as of June 30, 2023
Repurchased 1.4 million shares directly from an affiliate of Platinum Equity, concurrent to their secondary public offering, creating value for shareholders and contributing to free float increasing to 77% as of June 30, 2023
Announced third quarter 2023 dividend of $0.1825 per share, a 1.4% increase from the prior quarter
A reconciliation of non-GAAP financial measures to the comparable GAAP measure is included below in this news release.
Management Commentary Eddie Lehner, Ryerson's President and Chief Executive Officer, said, "I want to thank all of my Ryerson teammates for their continued dedication to operating safely and productively, and I want to thank our customers for the opportunity to create and deliver better customer experiences which we never take for granted. Counter-cyclical industry conditions, particularly within our stainless-steel products franchise, arrived mid-quarter and were evidenced by industrial metals bellwether price index declines and demand contraction in Ryerson's later-cycle end markets. Counter-cyclical conditions as experienced during the second half of last year re-emerged in the second quarter of this year for a myriad of reasons. Shifting consumer spending patterns, higher interest rates, quieted but still present financial system stress and tightening as well as an economic recovery in China that has failed to materialize all contributed to a subdued manufacturing macro environment during the quarter. Ryerson is investing in and preparing for the next synchronized manufacturing upturn whose secular characteristics around the necessity of above trend growth in fixed-asset investment with greater supply-chain resiliency remain intact. We are confident that carrying our growth and operating model investments across counter-cyclical waters as expressed through our recent acquisitions, greenfield service centers and facility modernizations and capital expenditures around value-added fabrication as well as ongoing investments in digitalization, future-state systems and additive manufacturing will position Ryerson well for both the next cyclical upturn and the longer term secular growth in North American manufacturing activity that is underway. As we have during past counter-cycles, we will take out non-value-added costs, flex expenses down, and better optimize our industrial metals inventories as we move through the third quarter and back-half of the year."
Second Quarter Results Ryerson generated net sales of $1.3 billion in the second quarter of 2023, a decrease of 4.5%, compared to the first quarter of 2023. This was largely driven by sequentially lower volumes, which decreased 4.4%, while average selling prices remained unchanged, compared to the first quarter of 2023.
Gross margin expanded sequentially by 60 basis points to 19.4% in the second quarter, compared to 18.8% in the first quarter. Gross Margins reflected LIFO income of $9M, as the commodity price curves for our metals products sales mix decreased resulting in a LIFO credit in costs of goods sold.
Excluding the impact of LIFO, gross margin contracted 40 basis points to 18.7% in the second quarter, compared to 19.1% in the first quarter. This was primarily driven by a decrease in stainless steel commodity prices coupled with continued high inventories in the channel that put downward pressure on average selling prices. Warehousing, delivery, selling, general and administrative expenses increased 4.3% to $202.6 million in the second quarter, compared to $194.2 million in the first quarter, primarily driven by expense related to acquisitions, higher depreciation expense driven by higher capital expenditures on growth initiatives, reorganization expenses related to an ERP systems implementation and start-up costs associated with the University Park service center, which were partially offset by lower fixed operating expenses.
Net income attributable to Ryerson Holding Corporation for the second quarter of 2023 was $37.6 million, or $1.06 per diluted share, compared to net income of $47.3 million, or $1.27 per diluted share in the previous quarter. Ryerson generated Adjusted EBITDA, excluding LIFO of $70.1 million in the second quarter, compared to the first quarter Adjusted EBITDA, excluding LIFO of $90.1 million.
Liquidity & Debt Management Ryerson generated $115.3 million of cash from operations in the second quarter of 2023, supported by net income attributable to Ryerson Holding of $37.6 million and working capital release of $37.8 million. The Company ended the second quarter of 2023 with $396 million of debt and $366 million of net debt, sequential increases of $1 million and $15 million, respectively, compared to the first quarter. Ryerson's leverage ratio as of the second quarter was 1.4x, within the Company's target leverage range. Ryerson's global liquidity, composed of cash and cash equivalents and availability on its revolving credit facilities was $790 million as of June 30, 2023.
Shareholder Return Activity
Dividends. During the second quarter of 2023, Ryerson paid a quarterly dividend in the amount of $0.1800 per share, amounting to a cash return of approximately $6.2 million. On July 31, 2023, the Board of Directors declared a quarterly cash dividend of $0.1825 per share of common stock, payable on September 14, 2023, to stockholders of record as of August 31, 2023.
Share Repurchase. On May 8, 2023, Ryerson repurchased 1,369,300 shares of common stock for approximately $50.0 million directly from an affiliate of Platinum Equity. Additionally, over the course of the second quarter of 2023, the Company repurchased 12,872 shares for $0.4 million in the open market. In total, Ryerson repurchased 1,382,172 shares of common stock resulting in a return to shareholders of approximately $50.4 million for the second quarter of 2023. Ryerson made these repurchases in accordance with its share repurchase authorization, which allows the Company to acquire up to an aggregate amount of $100.0 million of the Company's common stock through April of 2025. As of June 30, 2023, $49.6 million of the $100.0 million remained under the existing share repurchase authorization.
Outlook Commentary For the third quarter of 2023, Ryerson expects a continuation of slowing demand conditions, with customer shipments expected to decrease approximately 2% to 4%, quarter-over-quarter. The Company anticipates third-quarter net sales to be in the range of $1.25 billion to $1.30 billion, with average selling prices decreasing 1% to 2%. LIFO income in the third quarter of 2023 is expected to be $2 million. We expect adjusted EBITDA, excluding LIFO in the range of $43 million to $47 million and earnings per diluted share in the range of $0.31 to $0.43.
Earnings Call Information Ryerson will host a conference call to discuss second quarter 2023 financial results for the period ended June 30, 2023, on Tuesday, August 1, 2023, at 10 a.m. Eastern Time. The live online broadcast will be available on the Company's investor relations website, ir.ryerson.com. A replay will be available at the same website for 90 days.
About Ryerson Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China. Founded in 1842, Ryerson has around 4,300 employees in approximately 100 locations. Visit Ryerson at www.ryerson.com.
Notes: 1For EBITDA, Adjusted EBITDA and Adjusted EBITDA excluding LIFO please see Schedule 2 2EPS is Earnings per Share 3Net debt is defined as long term debt plus short term debt less cash and cash equivalents and excludes restricted cash
Legal Disclaimer The contents herein are provided for general information purposes only and do not constitute an offer to sell or buy, or a solicitation of an offer to buy, any security ("Security") of the Company or its affiliates ("Ryerson") in any jurisdiction. Ryerson does not intend to solicit, and is not soliciting, any action with respect to any Security or any other contractual relationship with Ryerson. Nothing in this release, individually or taken in the aggregate, constitutes an offer of securities for sale or buy, or a solicitation of an offer to buy, any Security in the United States, or to U.S. persons, or in any other jurisdiction in which such an offer or solicitation is unlawful.
Safe Harbor Provision Certain statements made in this presentation and other written or oral statements made by or on behalf of the Company constitute "forward-looking statements" within the meaning of the federal securities laws, including statements regarding our future performance, as well as management's expectations, beliefs, intentions, plans, estimates, objectives, or projections relating to the future. Such statements can be identified by the use of forward-looking terminology such as "objectives," "goals," "preliminary," "range," "believes," "expects," "may," "estimates," "will," "should," "plans," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy. The Company cautions that any such forward-looking statements are not guarantees of future performance and may involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of various factors. Among the factors that significantly impact our business are: the cyclicality of our business; the highly competitive, volatile, and fragmented metals industry in which we operate; the impact of geopolitical events, including Russia's invasion of Ukraine and global trade sanctions; fluctuating metal prices; our indebtedness and the covenants in instruments governing such indebtedness; the integration of acquired operations; regulatory and other operational risks associated with our operations located inside and outside of the United States; the ownership of a significant portion of our equity securities by a single investor group; work stoppages; obligations under certain employee retirement benefit plans; currency fluctuations; and consolidation in the metals industry. Forward-looking statements should, therefore, be considered in light of various factors, including those set forth above and those set forth under "Risk Factors" in our annual report on Form 10-K for the year ended December 31, 2022,our quarterly report on Form 10-Q for the quarter ended June 30, 2023 and in our other filings with the Securities and Exchange Commission. Moreover, we caution against placing undue reliance on these statements, which speak only as of the date they were made. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events or circumstances, new information or otherwise.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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| 2023-07-31T21:28:23
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SAN JOSE, Calif. — SAN JOSE, Calif. — Western Digital Corp. (WDC) on Monday reported a loss of $715 million in its fiscal fourth quarter.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $2 per share.
The maker of hard drives for businesses and personal computers posted revenue of $2.67 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $2.51 billion.
For the year, the company reported a loss of $1.71 billion, or $5.44 per share. Revenue was reported as $12.32 billion.
For the current quarter ending in September, Western Digital expects its results to range from a loss of $2.10 per share to a loss of $1.80 per share. Analysts surveyed by Zacks had forecast adjusted earnings per share of $2.
The company said it expects revenue in the range of $2.55 billion to $2.75 billion for the fiscal first quarter. Analysts surveyed by Zacks had expected revenue of $4.76 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WDC at https://www.zacks.com/ap/WDC
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https://www.washingtonpost.com/business/2023/07/31/earns-western-digital/8a6c3b34-2fe3-11ee-85dd-5c3c97d6acda_story.html
| 2023-07-31T21:28:25
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(The Hill) – President Biden is opening up about the crummiest advice he’s ever gotten, saying holding grudges “gets you nowhere.”
“I guess the worst advice I’ve ever received was holding a grudge — because lots of times when people do something that is really not good, it’s because they were fearful when they did it. Not fearful of you, but their circumstance,” Biden said in an interview on Jay Shetty’s “On Purpose” podcast released Monday.
“It gets you nowhere, which means people will doubt that I’m really Irish,” Biden quipped.
“But all kidding aside,” the 80-year-old president continued, “Remembering is important, but holding a grudge is not helpful.”
The best advice Biden said he’d been given was to “show up.”
“My mother used to say, ‘Joey, get up. Never bow, never bend. Just get up.’ But showing up, that’s a big part,” he said.
In the wide-ranging chat focused on grief and mental health, Biden also revealed he’s definitely not serving as the country’s TV viewer in chief.
Asked which TV show set in the world of politics and Washington is the most accurate and which is the least, he cracked, “’Mission Impossible.’”
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“Look, one of the problems I have is I don’t — and I should — I don’t watch much television,” Biden said.
“And it’s not because I’m above it or anything like that,” he told Shetty during the pair’s conversation at the White House. Biden blamed decades of commuting between D.C. and Delaware as a senator for cutting into potential TV time.
“And so when I get home, there wasn’t much to watch,” Biden said, noting he’d focus his energy on spending time with his then-young children.
“So I’ve been back and forth so much I just haven’t watched many programs,” the 46th president said after describing his usual Amtrak train commute while in the Senate.
“There’s a lot of good stuff, I’m sure. I mean, every once in awhile I turn it on,” Biden said of current television fare.
Living at the executive mansion, which is equipped with a movie theater, has helped his viewing habits, according to Biden.
“I get this list what movies are in and we have the new one,” Biden said of “Oppenheimer,” adding that he’s yet to see the summer box office hit starring Cillian Murphy as the famed real-life Manhattan Project physicist.
“They’re the movies I see these days,” Biden said of the films screened at the White House. “I get to see them at night every once in awhile.”
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| 2023-07-31T21:28:27
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BOGOTA, Colombia, July 31, 2023 /PRNewswire/ -- Considering the information known to public, the Board of Directors of Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, "Ecopetrol" or the "Company") reiterates the press release issued by the company yesterday, which stated that Ecopetrol, Cenit and Oleoducto de Colombia have actively collaborated with the different authorities for the execution of the "Bunkering Imperio" operation.
- Based on external verifications and information coming from the collaborative efforts between the Ecopetrol Group, the Judicial Investigation Directorate and the Carabineros and Environmental Protection Directorate of the National Police, to date, there is no evidence implicating either the administrations or the officers of the Ecopetrol Group;
- Ecopetrol, Cenit and Oleoducto de Colombia have been recognized as victims in the corresponding criminal proceedings; and
- The company will continue to work with the authorities to sanction and prevent the smuggling and theft of hydrocarbons.
Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector. This press release contains business prospect statements, operating and financial result estimates, and statements related to Ecopetrol's growth prospects. These are all projections and, as such, they are based solely on the expectations of the managers regarding the future of the company and their continued access to capital to finance the company's business plan. The realization of said estimates in the future depends on the behavior of market conditions, regulations, competition, and the performance of the Colombian economy and the industry, among other factors, and are consequently subject to change without prior notice.
This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in future filings or press releases, or orally, address matters that involve risks and uncertainties, including in respect of the Company's prospects for growth and its ongoing access to capital to fund the Company's business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company's competitiveness and the performance of Colombia's economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements.
For more information, please contact:
Head of Capital Markets (a)
Carolina Tovar Aragón
Email: investors@ecopetrol.com.co
Head of Corporate Communications
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co
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SOURCE Ecopetrol S.A.
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https://www.wcjb.com/prnewswire/2023/07/31/board-directors-ecopetrol-sa-announces-execution-operation-sanction-theft-smuggling-hydrocarbons/
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SAN JOSE, Calif., July 31, 2023 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fiscal third quarter ended July 1, 2023 and outlook for its fiscal fourth quarter ending September 30, 2023.
"Our third quarter results were in line with our outlook. We continue to execute well and deliver consistent operating margins and solid cash generation," stated Jure Sola, Chairman and Chief Executive Officer. "Our strong performance in the first nine months and achievement of our outlook for the fourth quarter would result in fiscal 2023 revenue growth of approximately 14 percent and non-GAAP EPS growth of approximately 35 percent. The team remains focused on excellence in quality, delivery and consistently meeting the needs of our customers. We have a strong foundation and promising future," Sola concluded.
Fourth Quarter Fiscal 2023 Outlook
The following outlook is for the fiscal fourth quarter ending September 30, 2023. These statements are forward-looking and actual results may differ materially.
- Revenue between $2.1 billion to $2.2 billion
- GAAP diluted earnings per share between $1.24 to $1.34
- Non-GAAP diluted earnings per share between $1.47 to $1.57
Safe Harbor Statement
The statements above concerning our financial outlook for the fourth quarter fiscal 2023 and our expectations for growth in revenue and non-GAAP earnings per share in fiscal 2023 should such outlook be achieved, constitute forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in these statements as a result of a number of factors, most notably ongoing supply chain constraints and geopolitical uncertainty, including from the conflict in Ukraine. Other factors that could cause our results to differ from our forward-looking statements include adverse changes to the key markets we target; significant uncertainties that can cause our future sales and net income to be variable; reliance on a small number of customers for a substantial portion of our sales; risks arising from our international operations; and the other risk factors set forth in the Company's annual and quarterly reports filed with the Securities Exchange Commission.
The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter any of the forward-looking statements made in this earnings release, the conference call or the Investor Relations section of our website whether as a result of new information, future events or otherwise, unless otherwise required by law.
Company Conference Call Information
Sanmina will hold a conference call to review its financial results for the third quarter and outlook for the fourth quarter of fiscal 2023 on Monday, July 31, 2023 at 5:30 p.m. ET (2:30 p.m. PT). The access numbers are: domestic 833-816-1390 and international 412-317-0483. The conference will also be webcast live over the Internet. You can log on to the live webcast at Q3 Webcast Link. Additional information in the form of a slide presentation is available on Sanmina's website at www.sanmina.com. A replay of the conference call will be available for 48-hours. The access numbers are: domestic 877-344-7529 and international 412-317-0088, access code is 1520057.
About Sanmina
Sanmina Corporation, a Fortune 500 company, is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the industrial, medical, defense and aerospace, automotive, communications networks and cloud infrastructure markets. Sanmina has facilities strategically located in key regions throughout the world. More information about the Company is available at www.sanmina.com.
Sanmina Contact
Paige Melching
SVP, Investor Communications
408-964-3610
Schedule 1
The statements above and financial information provided in this earnings release include non-GAAP measures of operating income, operating margin, net income, diluted earnings per share and pre-tax return on invested capital (ROIC). Management excludes from these measures stock-based compensation, restructuring, acquisition and integration expenses, impairment charges, amortization charges and other unusual or infrequent items, as adjusted for taxes, as more fully described below.
Management excludes these items principally because such charges or benefits are not directly related to the Company's ongoing core business operations. We use such non-GAAP measures in order to (1) make more meaningful period-to-period comparisons of the Company's operations, both internally and externally, (2) guide management in assessing the performance of the business, internally allocating resources and making decisions in furtherance of Company's strategic plan, (3) provide investors with a better understanding of how management plans and measures the business and (4) provide investors with a better understanding of our ongoing, core business. The material limitations to management's approach include the fact that the charges, benefits and expenses excluded are nonetheless charges, benefits and expenses required to be recognized under GAAP and, in some cases, consume cash which reduces the Company's liquidity. Management compensates for these limitations primarily by reviewing GAAP results to obtain a complete picture of the Company's performance and by including a reconciliation of non-GAAP results to GAAP results in its earnings releases.
Additional information regarding the economic substance of each exclusion, management's use of the resultant non-GAAP measures, the material limitations of management's approach and management's methods for compensating for such limitations is provided below.
Stock-based Compensation Expense, which consists of non-cash charges for the estimated fair value of equity awards granted to employees and directors, is excluded in order to permit more meaningful period-to-period comparisons of the Company's results since the Company grants different amounts and value of equity awards each quarter. In addition, given the fact that competitors grant different amounts and types of equity awards and may use different valuation assumptions, excluding stock-based compensation permits more accurate comparisons of the Company's core results with those of its competitors.
Restructuring, Acquisition and Integration Expenses, which consist of severance, lease termination costs, exit costs, environmental investigation, remediation and related costs and other charges primarily related to closing and consolidating manufacturing facilities and those associated with the acquisition and integration of acquired businesses, are excluded because such charges (1) can be driven by the timing of acquisitions and exit activities which are difficult to predict, (2) are not directly related to ongoing business results and (3) generally do not reflect expected future operating expenses. In addition, given the fact that the Company's competitors complete acquisitions and adopt restructuring plans at different times and in different amounts than the Company, excluding these charges or benefits permits more accurate comparisons of the Company's core results with those of its competitors. Items excluded by the Company may be different from those excluded by the Company's competitors and restructuring and integration expenses include both cash and non-cash expenses. Cash expenses reduce the Company's liquidity. Therefore, management also reviews GAAP results including these amounts.
Impairment Charges, which consist of non-cash charges, are excluded because such charges are non-recurring and do not reduce the Company's liquidity. In addition, given the fact that the Company's competitors may record impairment charges at different times, excluding these charges permits more accurate comparisons of the Company's core results with those of its competitors.
Amortization Charges, which consist of non-cash charges impacted by the timing and magnitude of acquisitions of businesses or assets, are also excluded because such charges do not reduce the Company's liquidity. In addition, such charges can be driven by the timing of acquisitions, which is difficult to predict. Excluding these charges permits more accurate comparisons of the Company's core results with those of its competitors because the Company's competitors complete acquisitions at different times and for different amounts than the Company.
Other Unusual or Infrequent Items, such as charges or benefits associated with distressed customers, expenses, charges and recoveries relating to certain legal matters, gains and losses on sales of assets, deferred tax adjustments and discrete tax items, are excluded because such items are typically non-recurring, difficult to predict or not directly related to the Company's ongoing or core operations and are therefore not considered by management in assessing the current operating performance of the Company and forecasting earnings trends. However, items excluded by the Company may be different from those excluded by the Company's competitors. In addition, these items include both cash and non-cash expenses. Cash expenses reduce the Company's liquidity. Management compensates for these limitations by reviewing GAAP results including these amounts.
Adjustments for Taxes, which consist of the tax effects of the various adjustments that we exclude from our non-GAAP measures, and adjustments related to deferred tax and discrete tax items. Including these adjustments permits more accurate comparisons of the Company's core results with those of its competitors. We determine the tax adjustments based upon the various applicable effective tax rates. In those jurisdictions in which we do not expect to realize a tax cost or benefit (due to a history of operating losses or other factors), a reduced tax rate is applied.
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SOURCE Sanmina Corporation
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FORT COLLINS, Colo. — FORT COLLINS, Colo. — Woodward Inc. (WWD) on Monday reported fiscal third-quarter profit of $84.6 million.
The maker of cockpit controls and other equipment for the defense and aerospace markets posted revenue of $800.7 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $702.2 million.
Woodward expects full-year earnings in the range of $4.05 to $4.25 per share, with revenue in the range of $2.85 billion to $2.9 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WWD at https://www.zacks.com/ap/WWD
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https://www.washingtonpost.com/business/2023/07/31/earns-woodward/3d8f1e8c-2fe6-11ee-85dd-5c3c97d6acda_story.html
| 2023-07-31T21:28:31
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https://www.washingtonpost.com/business/2023/07/31/earns-woodward/3d8f1e8c-2fe6-11ee-85dd-5c3c97d6acda_story.html
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AUSTIN (KXAN) — A KXAN viewer said she saw baby foxes, also known as kits, playing on a trampoline in her garden Sunday in the north Austin, Texas, area.
That was only a couple of weeks after another viewer said she saw a family of foxes playing on the St. Edward’s University campus in Austin.
According to the Humane Society of the United States, it’s not unusual to see foxes in cities and towns, where food sources are easily found, including in your garbage.
While foxes live around the world in many different types of habitats, according to the Texas Wildlife Association, including the Arctic, the desert and even in trees, some foxes have also adapted to life in such urban environments as neighborhoods.
“Next time you are outside in a park, remember to look up, because if you are lucky, you might see a fox up in the trees,” TWA said.
TWA said three types of foxes live in Texas, including the swift fox, the red fox and the gray fox.
The swift, or kit fox, lives in the northwestern part of the state, the red fox inhabits the eastern and central parts, and the gray fox, the most common variety, can be found statewide, the TWA said.
The Humane Society said foxes are scared of people and are not typically dangerous except when they are rabid, which the society says is rare.
“Even then, a fox’s natural tendency is to flee rather than fight,” the Human Society stated.
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| 2023-07-31T21:28:33
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Total new annualized premiums up 11%; strong capital position
CARMEL, Ind., July 31, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today reported net income of $73.7 million, or $0.64 per diluted share, in 2Q23 compared to $233.3 million, or $1.99 per diluted share, in 2Q22. Net operating income (1) was $62.3 million, or $0.54 per diluted share, in 2Q23 compared to $135.1 million, or $1.15 per diluted share, in 2Q22.
"Production was strong in both our Consumer and Worksite Divisions, with notable sales increases in Life, Medicare Supplement and Supplemental Health, driven by continued growth in producing agent counts," said Gary C. Bhojwani, chief executive officer.
"Variable investment income results improved sequentially, yet reflect a tough comparable in the second quarter of 2022 when results reached a five-year high. Health claims impacted our results in the quarter. We expect this elevated claims experience to moderate in the second half of the year, based on leading indicators. Our long-term view of the Health business remains positive."
"New money rates were once again strong in the quarter at 6.34%, which drove continued improvement in the earned yield on investments allocated to insurance products. Our consolidated risk based capital (RBC) ratio of 386% was comfortably above our target as was our holding company liquidity of $176 million. Free cash flow generation in the quarter was robust."
Second Quarter 2023 Highlights (as compared to the corresponding period in the prior year where applicable)
- Total Health insurance new annualized premiums ("NAP") (4) up 15%; total Life insurance NAP up 8%
- Medicare Supplement NAP up 29%; Consumer Division field agent-sold Life insurance NAP up 20%
- Consumer Division field producing agent count up 8%; Worksite Division producing agent count up 32%
- Returned $47.4 million to shareholders
- Book value per share was $17.56; book value per diluted share, excluding accumulated other comprehensive loss,(2) was $32.34
- Return on equity ("ROE") of 14.8%; operating ROE, as adjusted,(6) of 8.0%
Adoption of New Accounting Standard
As previously disclosed, we adopted ASU 2018-12 related to targeted improvements to the accounting for long-duration insurance contracts effective January 1, 2023. We selected the modified retrospective transition method except for market risk benefits where we were required to use the full retrospective approach. All prior periods presented herein have been recast in accordance with the new standard. As a result of the adoption of the new guidance, shareholders' equity as of December 31, 2022, increased $368.0 million and was comprised of increases to retained earnings and accumulated other comprehensive income (loss) of $232.2 million and $135.8 million, respectively. Net income and operating earnings (1) for the second quarter of 2022 increased $97.2 million and $35.0 million, respectively. Concurrent with the adoption of the new guidance, we also updated the method of determining non-operating earnings for our fixed indexed annuities to better isolate the volatile non-economic accounting impacts of that line of business.
INSURANCE OPERATIONS
Annuity products accounted for 26 percent of the Company's margin for the quarter and annuity premiums collected decreased 8 percent in 2Q23 compared to 2Q22.
Health products accounted for 48 percent of the Company's insurance margin for the quarter and 63 percent of insurance policy income.
Life products accounted for 26 percent of the Company's insurance margin for the quarter and 36 percent of insurance policy income.
Sales of health products were up 15 percent and sales of life products were up 8 percent in 2Q23 compared to 2Q22.
Total allocated expenses were $149.5 million, down 2 percent from 2Q22.
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The fair value of CNO's available for sale fixed maturity portfolio was $21.0 billion compared with an amortized cost of $23.6 billion. Net unrealized losses were comprised of gross unrealized gains of $106.1 million and gross unrealized losses of $2,710.8 million. The allowance for credit losses was $66.1 million at June 30, 2023.
At both amortized cost and fair value, 94 percent of fixed maturities, available for sale, were rated "investment grade".
Non-Operating Items
Net investment losses in 2Q23 were $31.3 million including the unfavorable change in the allowance for credit losses of $9.9 million which was recorded in earnings. Net investment losses in 2Q22 were $27.1 million including the unfavorable change in the allowance for credit losses of $23.7 million which was recorded in earnings.
During 2Q23 and 2Q22, we recognized a decrease in earnings of $4.0 million and $21.7 million, respectively, due to the net change in market value of investments recognized in earnings.
During 2Q23 and 2Q22, we recognized an increase in earnings of $50.4 million and $160.6 million, respectively, resulting from changes in the estimated fair value of embedded derivative liabilities and market risk benefits related to our fixed indexed annuities. Such amounts include the impacts of changes in market interest rates and equity impacts used to determine the estimated fair values of the embedded derivatives and market risk benefits.
In 2Q22, other non-operating items included an increase in earnings of $14.0 million for the mark-to-market change in the agent deferred compensation plan liability which was impacted by changes in the underlying actuarial assumptions used to value the liability. We recognize the mark-to-market change in the estimated value of this liability through earnings as assumptions change.
Statutory (based on non-GAAP measures) and GAAP Capital Information
Our consolidated statutory risk-based capital ratio was estimated at 386% at June 30, 2023, reflecting estimated 2Q23 statutory operating income of $37 million (and $76 million in the first six months of 2023) and the payment of insurance company dividends (net of capital contributions) to the holding company of $40.5 million during 2Q23 (and $74.7 million in the first six months of 2023).
During 2Q23, we repurchased $30.0 million of common stock under our securities repurchase program (including $0.9 million of repurchases settled in 3Q23). We repurchased 1.4 million common shares at an average cost of $22.28 per share. As of June 30, 2023, we had 113.7 million shares outstanding and had authority to repurchase up to an additional $641.8 million of our common stock. During 2Q23, dividends paid on common stock totaled $17.4 million.
Unrestricted cash and investments held by our holding company were $176 million at June 30, 2023, compared to $167 million at December 31, 2022.
Book value per common share was $17.56 at June 30, 2023 compared to $15.47 at December 31, 2022. Book value per diluted share, excluding accumulated other comprehensive income (loss) (2), was $32.34 at June 30, 2023, compared to $31.89 at December 31, 2022.
The debt-to-capital ratio was 36.3 percent and 39.2 percent at June 30, 2023 and December 31, 2022, respectively. Our debt-to-total capital ratio, excluding accumulated other comprehensive income (loss) (3) was 23.4 percent at both June 30, 2023 and December 31, 2022.
Return on equity for the trailing four quarters ended June 30, 2023 and 2022, was 14.8% and 20.9%, respectively. Operating return, excluding significant items, on equity, excluding accumulated other comprehensive income (loss) and net operating loss carryforwards (6) for the trailing four quarters ended June 30, 2023 and 2022, was 8.0% and 12.7%, respectively.
In this news release, CNO includes non-GAAP measures to enhance investors' understanding of management's view of the business. The non-GAAP measures are not a substitute for GAAP, but rather a supplement to increase transparency by providing broader perspective. CNO's definitions of non-GAAP measures may differ from other companies' definitions. More detailed information including various GAAP and non-GAAP measurements are located at CNOinc.com in the Investors section under SEC Filings.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements within the meaning of federal securities laws. These prospective statements reflect management's current expectations, but are not guarantees of future performance. Accordingly, please refer to CNO's cautionary statement regarding forward-looking statements, and the business environment in which the Company operates, contained in the Company's Form 10-K for the year ended December 31, 2022 and any subsequent Form 10-Q or Form 10-K on file with the Securities and Exchange Commission and on the Company's website at CNOinc.com in the Investors section. CNO specifically disclaims any obligation to update or revise any forward-looking statement because of new information, future developments or otherwise.
EARNINGS RELEASE CONFERENCE CALL WEBCAST:
The Company will host a conference call to discuss results on August 1, 2023 at 11:00 a.m. Eastern Time. During the call, we will be referring to a presentation that will be available at the Investors section of the company's website.
To participate by dial-in, please register at https://www.netroadshow.com/events/login?show=5ac4628b&confId=53584. Upon registering, you will be provided with call details and a registrant ID used to track attendance on the conference call. Reminders will also be sent to registered participants via email.
For those investors who prefer to listen to the call online, we will be broadcasting the call live via webcast. The event can be accessed through the Investors section of the company's website: ir.CNOinc.com. Participants should go to the website at least 15 minutes before the event to register and download any necessary audio software.
ABOUT CNO FINANCIAL GROUP
CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn, Optavise and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and $34 billion in total assets. Our 3,400 associates, 4,600 exclusive agents and 4,000 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. For more information, visit CNOinc.com.
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VANCOUVER, Wash. — VANCOUVER, Wash. — ZoomInfo Technologies Inc. (ZI) on Monday reported second-quarter earnings of $38.1 million.
The company posted revenue of $308.6 million in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $310.3 million.
For the current quarter ending in September, ZoomInfo expects its per-share earnings to range from 24 cents to 25 cents.
The company said it expects revenue in the range of $309 million to $312 million for the fiscal third quarter.
ZoomInfo expects full-year earnings in the range of 99 cents to $1 per share, with revenue ranging from $1.23 billion to $1.24 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZI at https://www.zacks.com/ap/ZI
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SEATTLE, July 31, 2023 /PRNewswire/ -- Seabourn, the leader in ultra-luxury voyages and expedition travel, took delivery of its second expedition ship, Seabourn Pursuit, today during an official handover maritime ceremony at the T. Mariotti shipyard in Genoa, Italy. Seabourn Pursuit is the company's second purpose-built, ultra-luxury expedition ship and the newest expedition ship in the industry.
"I am honored to share this incredible moment with the entire Seabourn family as we welcome Seabourn Pursuit, our highly anticipated second ultra-luxury expedition ship, into our fleet," expressed Natalya Leahy, Seabourn President. "With remarkable craftsmanship by the Mariotti team, an abundance of space, and the breathtaking style of Tihany Design, Seabourn Pursuit raises the bar for ultra-luxury expedition travel. We are grateful to Mariotti and Tihany Design for their expertise in shaping and making our dream come true for our guests."
Leahy added that the state-of-the-art Seabourn Pursuit will provide the perfect combination of luxury and expedition. "Seabourn Pursuit offers the best of both worlds: our well-known signature luxury and elegance with the world of exploration and adventure. The ship is masterfully designed for our guests, who are extraordinary people looking for out of the ordinary experiences. Our guests will indulge in Seabourn's ultra-luxury style and enjoy our intuitive, personalized service, while the ship takes them to awe-inspiring destinations around the world that only few will ever visit in a lifetime."
"Today, one year after the delivery of Seabourn Venture, we are very happy to have completed and delivered her sister ship, Seabourn Pursuit," said Marco Ghiglione, Managing Director of T. Mariotti. "We are truly proud to have built the most outstanding ultra-luxury expedition ship for Seabourn, one of the leading cruise lines in the luxury market. This is another important masterpiece for Italian shipbuilding coming out of T. Mariotti shipyard, demonstrating again that our leadership in this sector is well consolidated. Thanks to Seabourn, all people involved in this journey, Lloyd's Register and the pencil of Adam Tihany, here is the new expedition jewel."
Seabourn Pursuit offers the same luxurious "yacht like" small ship experience that travelers have come to expect from Seabourn, enhanced by world-class equipment that allows the line to offer its widest range of expedition activities led by an expert 24-person expedition team of scientists, scholars, naturalists, and more. Seabourn Pursuit is designed and built for remote, diverse environments to PC6 Polar Class standards and will include a plethora of modern hardware and technology that will extend the ship's global deployment and capabilities. Seabourn Pursuit has close to 30,000 square feet of deck space and special touches at every turn. Those include indoor and outdoor guest areas with nearly 270-degree views, and a 4K GSS Cineflex Camera mounted on the mast of the Constellation Lounge capable of broadcasting imagery from miles ahead on monitors located throughout the ship and in guest suites.
In addition, Seabourn Pursuit, like the rest of the ships in the Seabourn fleet, offers an abundance of space and elegance, eight dining facilities serving gourmet cuisine, and luxurious all-suite accommodations, including a pair of two-level Wintergarden suites.
Seabourn Pursuit is scheduled to enter service August 12, 2023, and will sail five voyages in the Mediterranean before embarking on two voyages across the Atlantic and through the Caribbean. On October 10, 2023, the ship will arrive in Barbados to begin its expedition journeys, taking guests to remote corners of the globe. Seabourn Pursuit will head south for expeditions exploring coastal South America, the Amazon, and Antarctica into late March 2024.
Following its inaugural Antarctic season, the ship will head across the islands of the South Pacific and eventually to Australia, which will be the start of the line's first exploration of the Kimberley region in the Northern Territory and Western Australia between June and August 2024. The iconic Kimberley, with its red sandstone gorges, rivers, waterfalls, wildlife, and Aboriginal life and history, is the ideal setting for a truly, world-class expedition experience. In addition to the Kimberley, Seabourn Pursuit will visit Papua New Guinea, West Papua, Indonesia, and sail across the South Pacific between Chile and Melanesia between March and October 2024.
For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.
About Seabourn:
Seabourn represents the pinnacle of ultra-luxury ocean and expedition travel and operates a suite of six modern ships with one under construction. The all-inclusive, boutique ships offer all-suite accommodations with oceanfront views; award-winning dining; complimentary premium spirits and fine wines available at all times; renowned service provided by an industry-leading crew; a relaxed, sociable atmosphere that makes guests feel at home; a pedigree in expedition travel through the Ventures by Seabourn program and two new ultra-luxury purpose-built expedition ships, including Seabourn Venture that launched in 2022 and Seabourn Pursuit scheduled to enter service in 2023. Seabourn takes travelers to every continent on the globe, visiting more than 400 ports including marquee cities and lesser-known ports and hideaways. Guests of Seabourn experience extraordinary offerings and programs, including partnerships with leading entertainers, dining, personal health and wellbeing, and engaging speakers.
For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.
Seabourn is a brand of Carnival Corporation and plc (NYSE/LSE: CCL and NYSE: CUK).
Find Seabourn on Twitter, Facebook, Instagram, YouTube and Pinterest.
Notes to Editors:
Seabourn is consistently ranked among the world's top travel choices by professional critics and the discerning readers of prestigious travel publications such as Departures, Travel + Leisure and Condé Nast Traveler. Its stylish, distinctive cruising vacations are renowned for:
- Purpose-built expedition ships, PC6 ice-strengthened hull, with advanced maneuvering technology for superior stability, safety, and comfort
- World-class Expedition Team, delivering immersive experiences
- All veranda, all ocean-front suites luxuriously appointed
- Handcrafted itineraries developed for the expedition traveler to the most coveted and familiar remote destinations in the world
- Intimate ships with a private club atmosphere
- Intuitive, personalized service provided by staff passionate about exceeding guests' expectations
- Inclusive expedition experiences with Zodiacs, scuba diving and snorkeling
- Optional expedition experiences with kayaks and custom-built, 6-guest submarines giving the option to extend your expedition further for greater ocean exploration**
- Welcome toast and complimentary in-suite bar stocked with your preferences
- Hosted bridge policy* with Expedition team members providing firsthand access to the ship's command center and officers navigating your journey
- World-class dining venues are all complimentary, dine where, when and with whom you wish
- Tipping is neither required, nor expected
- Complimentary premium spirits and fine wines available on board at all times
- Meticulous and purposeful adventurers' resort at sea designed for the luxury traveler with unique attributes and spaces to enhance your experience
- Spa & Wellness with Dr. Andrew Weil, featuring an exclusive mindful living program**
- Committed to environmental stewardship and sustainability
*At the Captain's discretion
** Optional programs, for additional charge
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For Q2 2023, revenue increased 15% to $19.4 million and customer locations increased 7% to 124,000. Q2 net loss dropped 75% from $3.9 million in Q2 2022 to $978,000 in Q2 2023, and ARR* for TTM** increased $11.8 million from $59.3 million as at June 30, 2022 to $71.1 million as at June 30, 2023, growth of 20%.
TORONTO , July 31, 2023 /PRNewswire/ - Givex Corp. ("Givex") (TSX: GIVX) (OTCQX: GIVXF), is pleased to present its financial results for the three-month period and six-month period ending June 30, 2023.
Givex reports in Canadian dollars and in accordance with International Financial Reporting Standards ("IFRS").
"In Q2 2023, Givex continued to increase adjusted EBITDA by increasing gross profit and keeping a tight rein on payroll costs," said Don Gray, CEO of Givex. "Net loss decreased 75%, from $3.9 million to $978,000. We are working hard to continue this trend for the rest of the year."
Second Quarter Financial Highlights
Three-month period ending June 30, 2023 (with comparisons relative to the three-month period ending June 30, 2022)
- Revenue increased $2.6 million from $16.8 million to $19.4 million, 15% growth.
- Gross Profit increased $1.9 million from $12.2 million to $14.1 million, 16% growth.
- Adjusted EBITDA*** increased $0.7 million from $1.0 million to $1.7 million, 69% growth.
- Net Loss decreased $2.9 million from $3.9 million to $978,000, 75% decrease.
- Total Gross Transactional Value**** increased approximately $0.35 billion from $1.77 billion to $2.12 billion, 20% growth.
- POS Gross Transactional Value***** increased approximately $128 million from $347 million to $474 million, 37% growth.
- Customer Locations****** increased approximately 8,000, from 116,000 to 124,000, 7% growth.
Six-month period ending June 30, 2023 (with comparisons relative to the six-month period ending June 30, 2022)
- Revenue increased $5.4 million from $33.2 million to $38.6 million, 16% growth.
- Gross Profit increased $4.2 million from $23.1 million to $27.3 million, 18% growth.
- Adjusted EBITDA*** increased $0.4 million from $2.3 million to $2.7 million, 18% growth.
- Net Loss decreased $4.3 million from $6.5 million to $2.2 million, 66% decrease.
- Total Gross Transactional Value**** increased approximately $0.65 billion from $3.05 billion to $3.7 billion, 21% growth.
- POS Gross Transactional Value***** increased approximately $295 million from $584 million to $879 million, 51% growth.
Operational Highlights
- Payroll costs are the key focus to improved EBITDA and positive net earnings. For the 12-month periods ending June 30, 2023 and 2022, Employee Compensation******* as a % of Gross Profit was 53% and 54%, respectively. The company believes that its ability to reduce Employee Compensation as a % of Gross Profit is an indicator of its success in managing costs and profitability.
- ARR* (which is both recurring and reoccurring revenue) for TTM** increased $11.8 million from $59.3 million as at June 30, 2022 to $71.1 million as at June 30, 2023, growth of 20%.
More Information
Additional financial information, such as the audited annual Consolidated Financial Statements, Management's Discussion and Analysis of Financial Condition and Results of Operations, and Annual Information Form, is available on SEDAR+ at www.sedarplus.ca.
More information about Givex, including the Management Presentation and Overview, are posted on the company's investor relations website at investors.givex.com.
About Givex
The world is changing. Givex is ready. Since 1999, Givex has provided technology solutions that unleash the full potential of engagement, creating and cultivating powerful connections that unite brands and customers. With a global footprint of 124,000+ active locations across more than 100 countries, Givex unleashes strategic insights, empowering brands through reliable technology and exceptional support. Givex's integrated end-to-end management solution provides Gift Cards, GivexPOS, Loyalty Programs and more, creating growth opportunities for businesses of all sizes and industries. Learn more about how to streamline workflows, tackle complex challenges and transform data into actionable insights at www.givex.com.
Non-IFRS Measures and Reconciliation of Non-IFRS Measures
The information presented includes certain financial measures such as "Adjusted EBITDA" (see below for definition), which are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. These non-IFRS measures are used to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures. We also believe that securities analysts, investors, and other interested parties frequently use non-IFRS measures in the evaluation of issuers. Our management also uses non-IFRS measures to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation.
Forward Looking Statements
This press release contains forward-looking information. Forward-looking information is necessarily based on a number of opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such statements are made, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, the risk factors described under the "Risk Factors" section in the Annual Information Form (AIF) dated March 21, 2023, available on SEDAR+ at www.sedarplus.ca and other filings with the Canadian securities regulatory authorities. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, prospective investors should not place undue reliance on forward-looking information, which speaks only as of the date made. See "Cautionary Note Regarding Forward-Looking Information" in the Filing Statement.
Additional Notes
*ARR is defined as Annual Recurring Revenue, which is both recurring and reoccurring revenue.
**TTM is trailing twelve months from the defined period.
***Adjusted EBITDA is defined as net profit (loss) excluding interest, taxes, depreciation and amortization ("EBITDA") as adjusted for share-based compensation and related expenses, foreign exchange gains and losses and transaction-related expenses including those related to going public and acquisitions.
****Gross transaction volume ("GTV") means the total dollar value of stored and point-of-sale ("POS") transactions processed through our cloud-based SaaS platforms in the period, net of refunds, inclusive of shipping and handling, duty, and value-added taxes. We believe GTV is an indicator of the success of our customers and the strength of our platforms. GTV does not represent revenue earned by us.
*****POS gross transactional volume ("POS GTV") means the total dollar value point-of-sale ("POS") transactions processed through GivexPOS, our cloud-based POS SaaS platform, in the period net of refunds, inclusive of shipping and handling, duty and value-added taxes. We believe POS GTV is an indicator of the success of our customers and the strength of our platforms. POS GTV does not represent revenue earned by us.
******Customer Location means a billing customer location for which the term of services has not ended, or with which we are negotiating a renewal contract. It includes both merchant locations that have transactions processed through our cloud-based SaaS platform, as well as merchant locations not on our platform but for which we provide other Givex services. A single unique customer can have multiple Customer Locations including physical and eCommerce sites. We believe that our ability to increase the number of Customer Locations served by our platform and products is an indicator of our success in terms of market penetration and growth of our business.
*******Employee Compensation as a % of Gross Profit means the total employee compensation for a period divided by the gross profit for the same period. Employee Compensation means total employee compensation including salaries and benefits, excluding both government assistance and share-based compensation. Gross Profit means revenue less direct cost of revenue.
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Wall Street is closing out its latest winning month with another lift.
Critics have said the rally has come too quickly. Several reports this week could back them up, including updates on the job market and profits at the market’s most influential companies.
On Monday:
The S&P 500 rose 6.73 points, or 0.1%, to 4,588.96.
The Dow Jones Industrial Average rose 100.24 points, or 0.3%, to 35,559.53.
The Nasdaq composite rose 29.37 points, or 0.2%, to 14,346.02.
The Russell 2000 index of smaller companies rose 21.64 points, or 1.1%, to 2,003.18.
For the year:
The S&P 500 is up 749.46 points, or 19.5%.
The Dow is up 2,412.28 points, or 7.3%.
The Nasdaq is up 3,879.54 points, or 37.1%.
The Russell 2000 is up 241.93 points, or 13.1%.
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Companies combine expertise to deliver innovative technology solutions for arenas, stadiums, convention and exhibition centers, and performing arts venues
TUCSON, Ariz., July 31, 2023 /PRNewswire/ -- Simpleview and ASM Global are pleased to announce a partnership created to provide a unified network of websites and technology solutions for the ASM Global portfolio of venues. The partnership was strategically designed to develop cohesive branding powered by a best-in-class technology stack and ticketing integrations that promote visitors and drive web conversions for arenas, stadiums, convention and exhibition centers, and performing arts venues.
Simpleview, a leading provider of CRM, CMS, and marketing solutions for destinations worldwide, and ASM Global, the world's leading venue management and services company, will serve the meetings and events ecosystem; by leveraging Simpleview's advanced technology and ASM Global's extensive global network, this partnership will enable clients to create captivating digital experiences that drive engagement and ticket sales and enhance venue marketing efforts.
Highlights of the partnership include:
- Enhanced Website Capabilities: a new generation of website solutions with state-of-the-art features and functionalities equipped with user-friendly content management systems, robust event and ticketing integrations, interactive mapping tools, and seamless integration with social media platforms
- Personalized Experiences: clients can deliver tailored content and offers to individual users, ensuring a highly personalized and engaging journey for every visitor
- Mobile-Optimized Design: prioritization of mobile optimization, ensuring that websites are fully accessible across all screen sizes and platforms
- Data-Driven Insights: comprehensive analytics and reporting gain insights into visitor behavior, marketing performance, and conversion rates so venues can make informed decisions and optimize marketing strategies effectively
"ASM Global is thrilled to work in partnership with Simpleview to create a cohesive, best-in-class website solution for our diverse global portfolio of stadiums, arenas, theaters, and convention centers," said Alex Merchán, chief marketing officer at ASM Global. "From the start of this relationship, Simpleview has impressed us with its tech stack, service offering, data-driven approach, and talented team. We look forward to building and scaling this partnership in the years ahead."
About Simpleview
Simpleview is a worldwide leading provider of CRM, CMS, website design, digital marketing services, and data insights for convention bureaus, venues, tourism boards, destination marketing organizations (DMOs), and attractions. The company employs staff across the globe, serving clients of all sizes, including small towns, world capitals, top meeting destinations, and countries across multiple continents.
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ST. LOUIS, July 31, 2023 /PRNewswire/ -- Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, today reported that it set a new quarterly record for net sales in the second quarter of 2023.
Graybar's net sales for the second quarter of this year totaled $2.8 billion, an increase of 4.5% compared to the same period last year. Net income attributable to Graybar for the quarter finished at $124.2 million, a 2.7% decrease from the second quarter of 2022.
For the first half of 2023, the company reported net sales of $5.5 billion, an 8.1% increase compared to the same period last year. Net income attributable to Graybar for the first six months of 2023 increased 8.4% to $249.0 million.
"Thanks to the hard work of our employees, we continue to achieve positive results," said Kathleen M. Mazzarella, chairman, president and chief executive officer of Graybar. "We remain focused on providing exceptional service to our customers every day, while we make strategic investments to transform our business and strengthen our long-term position as an industry leader."
Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, communications and data networking products, and specializes in related supply chain management and logistics services. Through its network of more than 325 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network, automate and secure their facilities with speed, intelligence and efficiency. For more information, visit www.graybar.com or call 1-800-GRAYBAR.
Media Contact:
Tim Sommer
(314) 578-7672
timothy.sommer@graybar.com
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https://www.wcjb.com/prnewswire/2023/07/31/graybar-achieves-record-net-sales-second-quarter/
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SAN FRANCISCO — A brightly flashing “X” sign has been removed from the San Francisco headquarters of the company formerly known as Twitter just days after it was installed.
The Elon Musk-owned company, which has been rebranded as X, had removed the Twitter sign and iconic blue bird logo from the building last week. That work was temporarily paused because the company did not have the necessary permits. For a time, the “er” at the end of “Twitter” remained up due to the abrupt halt of the sign takedown.
The city of San Francisco had opened a complaint and launched an investigation into the giant “X” sign, which was installed Friday on top of the downtown building as Musk continues his rebrand of the social media platform.
The chaotic rebrand of Twitter’s building signage is similar to the haphazard way in which the Twitter platform is being turned into X. While the X logo has replaced Twitter on many parts of the site and app, remnants of Twitter remain.
Representatives for X did not immediately respond to a message for comment Monday.
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https://www.washingtonpost.com/business/2023/07/31/twitter-x-sign-lightup-san-francisco-elon-musk/fa8fa7ae-2fe1-11ee-85dd-5c3c97d6acda_story.html
| 2023-07-31T21:28:49
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https://www.washingtonpost.com/business/2023/07/31/twitter-x-sign-lightup-san-francisco-elon-musk/fa8fa7ae-2fe1-11ee-85dd-5c3c97d6acda_story.html
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