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Company has now cleared FIRNA review and has recommenced trading on OTC Markets
Vancouver, B.C., May 02, 2022 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (Frankfurt: Z62) ( TRLEF) is pleased to announce that it has recommenced trading on OTC Markets platform under the new stock symbol TRLEF. Our old symbol TCFF is now discontinued. The Company was unexpectedly required to reapply to FINRA after its redomicile transaction that was effective earlier this year which caused a temporary delay in obtaining its new foreign issuer stock symbol.
The Company also continues to trade on the Canadian Securities Exchange under the symbol TCF, and in Frankfurt as Z62.
Our CEO Arthur Halleran commented: “We are pleased to recommence trading in the US during these very exciting times in the energy markets for energy producers. 2022 will be a transformative year for our Company as we ramp up production in European markets.”
About the Company
Trillion Energy is an oil and gas producing company with multiple assets throughout Turkey and Bulgaria. The Company is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest scale natural gas development projects; a 19.6% (except three wells with 9.8%) interest in the Cendere oil field; and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property.
For further information, please see our website: www.trillionenergy.com or email us: [email protected] The Company’s NI 51-101 and other reports relating to its reserves as of December 31, 2020 are filed on www.sedar.com, www.thecse.com, as well as the Company’s website.
Contact
Art Halleran: 1-250-996-4211
Corporate offices: 1-778-819-1585
e-mail: [email protected]
Website: www.trillionenergy.com
Vancouver, B.C., May 02, 2022 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (Frankfurt: Z62) ( TRLEF) is pleased to announce that it has recommenced trading on OTC Markets platform under the new stock symbol TRLEF. Our old symbol TCFF is now discontinued. The Company was unexpectedly required to reapply to FINRA after its redomicile transaction that was effective earlier this year which caused a temporary delay in obtaining its new foreign issuer stock symbol.
The Company also continues to trade on the Canadian Securities Exchange under the symbol TCF, and in Frankfurt as Z62.
Our CEO Arthur Halleran commented: “We are pleased to recommence trading in the US during these very exciting times in the energy markets for energy producers. 2022 will be a transformative year for our Company as we ramp up production in European markets.”
About the Company
Trillion Energy is an oil and gas producing company with multiple assets throughout Turkey and Bulgaria. The Company is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest scale natural gas development projects; a 19.6% (except three wells with 9.8%) interest in the Cendere oil field; and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property.
For further information, please see our website: www.trillionenergy.com or email us: [email protected] The Company’s NI 51-101 and other reports relating to its reserves as of December 31, 2020 are filed on www.sedar.com, www.thecse.com, as well as the Company’s website.
Contact
Art Halleran: 1-250-996-4211
Corporate offices: 1-778-819-1585
e-mail: [email protected]
Website: www.trillionenergy.com | https://www.gurufocus.com/news/1700652/trillion-energy-international-announces-trading-under-new-us-stock-symbol-trlef | 2022-05-02T16:46:34Z | https://www.gurufocus.com/news/1700652/trillion-energy-international-announces-trading-under-new-us-stock-symbol-trlef | false | 4 |
50% Off All High Times Products
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Get free Magazine and Tray with purchase | https://hightimes.com/menu/coalinga/products/kingpen-62129/vape-pens/lemon-tree-live-resin-cartridge-1g-king-pen-354961/ | 2022-05-02T16:47:04Z | https://hightimes.com/menu/coalinga/products/kingpen-62129/vape-pens/lemon-tree-live-resin-cartridge-1g-king-pen-354961/ | true | null |
KOZHIKODE: Damage to crops has been registered in various parts of Kozhikode and Wayanad districts due to summer rain that have been lashing since Saturday night. The Kozhikode district alone has registered an agricultural loss of Rs 2.8 crore as a result of the last four days’ rain. The rain severely affected crops, especially plantains, vegetables, coffee, pepper vines, rubber, areca nut palms and coconut palms in these districts.
The officials from the agricultural department here have said the rain has affected more than 1000 farmers. More than 25.23 hectares of land have been destroyed during the summer rain. Plantain farmers were the worst hit. Vegetables grown on different farms covering more than 10 hectares were destroyed in the rain, the officials said.
In Kuttikkattoor panchayat, a house partially collapsed causing injury to the dwelling family. The injured are undergoing treatment at Kozhikode Government Medical College. The only relief was for the wildlife on the Kerala-Karnataka border, including the Wayanad Wildlife Sanctuary. | https://www.newindianexpress.com/states/kerala/2022/may/02/kozhikode-wayanadrecord-rs-28-corer-crop-loss-2448696.html | 2022-05-02T16:48:12Z | https://www.newindianexpress.com/states/kerala/2022/may/02/kozhikode-wayanadrecord-rs-28-corer-crop-loss-2448696.html | true | 1 |
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Revati scores two goals in Amma FC close win
By Lokmat English Desk | Published: May 2, 2022 09:50 PM2022-05-02T21:50:02+5:302022-05-02T21:50:02+5:30
Super substitute Revati Kokare, who replaced Rinky Yadav midway through the first half was Amma FC’s star performer as ...
Super substitute Revati Kokare, who replaced Rinky Yadav midway through the first half was Amma FC’s star performer as she scored both goals, one on either side on the interval, to secure their win. Pacangan FC girls showed plenty of resilience and managed to stay in the fight as striker Kumari Shikalgar scored the equalizing goal in the first half.
Later in the second match, Footie First, Mumbai riding on the fine hat-trick by Atisha Saini blanked Snigmay FC, Pune 4-0. Atisha scored the first goal in the 16th minute and 15 minutes later netted her second goal to double Footie First lead to 2-0 at the break. In the second half, Atisha completed her hat-trick scoring the third goal in the 52nd minute before Mamta Kumari converted a penalty in the 69th minute to complete the margin of victory.
The match between Amma FC and Pacangan FC witnessed a lively contest for supremacy and there were quite a number of goalmouth thrills at the two ends.
The Nagpur side against the run of play grabbed the lead when Revati cashed in an opening to slot home the opening goal in the 37th minute. But, the Satara girls came roaring back and two minutes Kumari booted home to help her team draw level.
After the change of ends, Revati was once again in the thick of the action and scored hers and the teams' second goal to regain the lead, which they managed to hold on till the final whistle to troop out worthy winners.
Open in app | https://www.lokmattimes.com/nagpur/revati-scores-two-goals-in-amma-fc-close-win-1/ | 2022-05-02T16:56:39Z | https://www.lokmattimes.com/nagpur/revati-scores-two-goals-in-amma-fc-close-win-1/ | true | 1 |
Preston North End have a total of 14 players out of contract at the club this summer where decisions will have to be made on their futures.
North End sit 14th in the Championship table as things stand and have one game left to go in their season, as they take on Middlesbrough at Deepdale next Saturday.
There is the potential of a top half finish on the cards should they pick up three points and results elsewhere go their way, before Ryan Lowe faces his first summer transfer window in charge of North End.
READ MORE: Preston North End may have one key squad addition already wrapped up for next season
A total of 14 players are out of contract at Deepdale this summer and decisions will have to be made on all of them very soon as to whether they stay at the club or not.
Goalkeepers Mathew Hudson and Connor Ripley are among the group, as are the first team defensive trio of Paul Huntington, Bambo Diaby and Joe Rafferty.
The attacking pair of Scott Sinclair and Tom Barkhuizen are also out of contract, while there is a host of young talent whose futures are up in the air this summer.
Oliver Lombard, Lewis Coulton, Joe Rodwell-Grant and Jacob Holland-Wilkinson are all first year professionals and have been playing for the club's under-19s side, as well as loans at various non-league clubs.
Jack Baxter, Ethan Walker and Jamie Thomas are three more players whose futures are uncertain as things stand.
PNE boss Lowe has already confirmed that Josh Murphy and Izzy Brown have both already left the club and has confirmed a decision will be made this week on whether to offer Diaby a new deal.
The defender joined North End in January following a trial period on a short-term deal until the end of the season and is the only permanent signing Lowe has made at the club since his move from Plymouth Argyle towards the end of last year.
Diaby, 24, has made six appearances for North End in the Championship this season.
Download the LancsLive app for free on iPhone here and Android here.
Don't miss a thing from the club you love! For all the latest updates on Preston North End, sign up to our free newsletter packed with all the latest news here. | https://www.lancs.live/sport/football/transfer-news/pne-players-contract-expiry-decisions-23844599 | 2022-05-02T16:56:41Z | https://www.lancs.live/sport/football/transfer-news/pne-players-contract-expiry-decisions-23844599 | true | 1 |
Small businesses need to take advantage of every edge they can get. Most do not have a labor force or resources that can compete with their competitors. This is where automation can come in to help many small business owners.
With modern automation systems, you can take a lot of tasks off your workload or off the schedule of your employees. This will allow you and your employees to focus on the critical work that requires the attention of a human.
Many small business owners are reluctant to work with automation solutions. They think automation is only for big corporations with a lot of money. While that may have been true in the past, there are affordable automation solutions for small businesses.
For those who may be wondering if they should start automating processes at their businesses, the following are some of the benefits of automation.
Reduce Costs
You have many business processes that do not require the attention of a human. These tasks tend to be tedious and necessary, but they usually do not generate value. In many cases, business owners need to hire employees just to do these tasks.
With the right automation software, you can save on the labor costs that go into this type of work. That means either you could cut the hours of the employees who do this work, or you could shift their focus to matters that may offer more value to the business.
Improve Customer Relations
Small businesses can do a lot to improve the customer experience with automation. Automation can be deployed to help customers as they use your products or services. It can also work as a tool to help your business serve customers better. One example is automating parts of the customer support experience.
Developing a chatbot to handle simple customer inquiries can be a way to make the experience better. With a chatbot handling many of the requests, customers can get support without having to wait, and your human support professionals will be able to focus on the issues that are too complicated for the bots.
Increase Productivity
Automation solutions excel at taking on simple, repetitive tasks. These tasks might need to be done, but they take time. When you can automate these tasks, your employees won’t have to do them, and it will make your team more productive.
Tasks involved in billing and invoicing are a good example. Many of these processes can be automated so salespeople don’t have to do them. This can give salespeople more time to focus on the parts of the job that are vital to selling.
Enhanced Marketing
Marketing automation can do a lot to help small businesses. There is a lot you can do to automate tasks and connect with customers with modern online marketing.
One example is email marketing. You can now automate emails that get sent to customers in response to different events. If they put a product in their online shopping cart but don’t make a purchase, you can automate emails to remind them of the product. You can also automate much of your social media activity to raise awareness and engage with customers.
Fewer Errors
While many of these tasks are simple, they are also tasks that tend to have high error rates. When people perform simple tasks for long enough, it is easy to make small mistakes.
One example is data entry. A small mistake can make a big difference in the dataset. Even once you know it is there, finding the mistake will be time-consuming. With automation software doing the work, most of these mistakes can be eliminated. This will ensure the work is done accurately, and it can save the costs that may come with some mistakes.
Make Better Decisions
Some advanced automation systems can help small businesses make better decisions. With business intelligence solutions that use AI and machine learning, you can get automated insights from your data.
Many of these systems can even automate the process of creating reports and visualizations. This can be valuable because small businesses can use these analytics solutions to inform their decisions without investing as much in an entire data analytics department.
Improved Workflows
Automation can also be used to keep the work moving smoothly. Many workflows have small steps that need to be taken for a process to be completed. These small steps can take time, or they might get overlooked.
Automation systems can work to take on some of these smaller tasks to keep the workflow moving. If the task is too complex for automation, a system could be programmed to monitor the workflow. If a step is missing or it appears someone forgot to do something, the system could automate reminders to keep the processes moving.
Automation can be beneficial to a variety of small businesses. With that said, you have many options for automation software. Business owners should take the time to learn about their options. You might need to work with software consulting services to find the right solutions. | https://www.noobpreneur.com/2022/05/01/how-small-businesses-can-benefit-from-automation/ | 2022-05-02T17:01:57Z | https://www.noobpreneur.com/2022/05/01/how-small-businesses-can-benefit-from-automation/ | true | 1 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/houston-texans/articles/39365042 | 2022-05-02T17:03:22Z | https://sportspyder.com/nfl/houston-texans/articles/39365042 | true | null |
Ferrari will be looking to conclude its perfect championship season with a three-car entry as the GT World Challenge America concludes its 2021 campaign with Sunday’s running of the Indianapolis 8 Hour presented by AWS.
AF Corse is seeking its 12th victory in 13 starts, with Jean-Claude Saada and Conrad Grunewald winning the Am title in the No. 61 Cambridge Ferrari 488 GT3 Evo 2020. After running the opening three hours of the event for double points in GT World Challenge America competition, they will continue running the endurance event at the famed brickyard with third driver Mark Kvamme.
AF Corse will also run two additional Ferrari factory-supported cars in the second round of the 2021 Intercontinental GT Challenge Powered by Pirelli. AF Corse-Francorchamps Motors will field the No. 51 of Alessandro Pier Guidi, Nicklas Nielsen and Côme Ledogar, plus the No. 71 Ferrari of Alessio Rovera, Antonio Fuoco and Callum Ilott.
After sweeping doubleheader weekends at Sonoma Raceway, Circuit of The Americas, Virginia International Raceway, Road America and Watkins Glen International, AF Corse’s perfect streak in North America ended in the opening race at the recent event at Sebring International Raceway. That race was won by Triarsi Competizione’s Onofrio Triarsi and Charlie Scardina in the team’s new No. 23 Ferrari 488 GT3 Evo 2020. Grunewald and Saada came back to win the Sunday race at Sebring.
Practice for the Indianapolis 8 Hour will be held Friday at 11:20 a.m. (all times ET), with three-stage qualifying set for 2 p.m. and the pole shootout at 4:20 p.m. The race starts at 10 a.m., with GT World Challenge America awarding double-points at 1 p.m. Competitors then have the option of continuing for the remaining five hours. | https://www.ferrari.com/en-US/competizioni-gt/articles/three-ferraris-on-the-attack-in-the-indianapolis-8-hours | 2022-05-02T17:04:42Z | https://www.ferrari.com/en-US/competizioni-gt/articles/three-ferraris-on-the-attack-in-the-indianapolis-8-hours | false | 4 |
KEARNEY — Ten students from Meadowlark won the Visionary Division at the ESU10 STEMfest this week.
The Meadowlark “Be the Light” team is a group of 10 3th, 4th, and 5th grade students identified as High Ability Learners. The students attended the STEMfest Launch event in December and were challenged to identify a problem within their school or community and ultimately design an effective solution.
The group began meeting with sponsors Paige Liess and Mariah Murrish to begin the design process.
The problem
Students in wheelchairs are not able to safely cross the wood chips in the current playground setup at the school. “Meadowlark is so fortunate to have a Life Skills classroom that teaches students functional academics, vocational training, motor development, personal management and independent living,” said Mariah Murrish, one of the team sponsors. “Our Be the Light team immediately thought of this classroom and wanted to find a way for everyone to safely access the adaptive equipment on Meadowlark’s playground.”
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The solution
The solution that these students designed was the installation of a concrete sidewalk extending from the playpad to the adaptive equipment so that students in wheelchairs would have easy access. After four months of planning, building prototypes, and meeting with a local concrete company, the “Be the Light” team was invited to present their project to a board of judges at ESU 10’s STEMfest on Wednesday.
Student Lilly Borchers liked presenting their project, “It helped me get over my fear of talking in front of large audiences.”
Fifth-grader Ellis Larsen loved being involved with this project, “This project was very fun and enjoyable because we got to help the Life Skills students get to their equipment. It also felt very good working together to help people.”
Out of seven groups from schools within the Nebraska ESU 10 district, the Meadowlark Be the Light team won first place in the Visionaries Division.
“We are so proud of all the hard work these students put into their project. It was completely student-driven from the beginning, and Mrs. Paige Liess and I were happy to act as facilitators to make sure everyone had access to the materials and resources they needed. The students did such an amazing job identifying a problem within our community, creating a solution, and working together with the Life Skills students and KPS Administration to make it a reality. The skills they’ve gained through this project will last a lifetime.” Murrish said.
The playpad will be installed this summer.
Team member Elin Kuhl stated, “This experience was an inspiration. I loved working and having fun with my teammates; they are so talented and kind.”
The Meadowlark teachers and staff are so proud of the students’ hard work! The students, along with their sponsors, are very excited to embark on additional Be the Light projects in the years to come. | https://kearneyhub.com/news/local/kearneys-meadowlark-elementary-wins-first-place-in-esu-stemfest/article_53fc4982-c832-11ec-90b3-4f1a22b7c254.html | 2022-05-02T17:05:42Z | https://kearneyhub.com/news/local/kearneys-meadowlark-elementary-wins-first-place-in-esu-stemfest/article_53fc4982-c832-11ec-90b3-4f1a22b7c254.html | false | 1 |
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LOS ANGELES, United States: QY Research offers an encyclopedic study of the global Cocoa Shell Color market with holistic insights into vital factors and aspects that impact future market growth. The global Cocoa Shell Color market has been analyzed for the forecast period 2022-2028 and historical period 2017-2021. In order to help players to gain comprehensive understanding of the global Cocoa Shell Color market and its critical dynamics, the research study provides detailed qualitative and quantitative analysis. Furthermore, readers are offered with complete and thorough research on different regions and segments of the global Cocoa Shell Color market. Almost all industry-specific, microeconomic, and macroeconomic factors influencing the global market growth have been analyzed in the report.
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) https://www.qyresearch.com/sample-form/form/4578640/global-cocoa-shell-color-market
With an exhaustive analysis of the competitive landscape, the authors of the Cocoa Shell Color market report have made a brilliant attempt to explore key developments, pricing and business tactics, and future plans of leading companies. Besides the Cocoa Shell Color market performance of players in terms of revenue and sales, the analysts shed light on their production, areas served, gross margin, and other important factors. In addition, the Cocoa Shell Color report helps players to gain an upper hand in the market competition as it deeply analyzes the market positioning, market growth, and product portfolio of their competitors.
Key Players Mentioned in the Global Cocoa Shell Color Market Research Report: Hunan Organic Herb Inc
Jiangxi Danxia
Guangzhou Well Land
Global Cocoa Shell Color Market Segmentation by Product: Common Type
Refine Type
Global Cocoa Shell Color Market Segmentation by Application: Food
Beverage
Cosmetic
The report is the best compilation of different types of segmental analysis of the global Cocoa Shell Color market conducted from different angles. The pragmatic approach taken by analysts to study various market segments and the top-down and bottom-up approaches adopted to forecast their market sizes make Cocoa Shell Color research study unique and accurate. For validation and revalidation of market figures and other findings, reliable primary sources such as technology and innovation directors, MDs, VPs, CEOs, and supply-side and demand-side industry experts were consulted. Secondary sources such as Bloomberg, databases, white papers, press releases, and company reports were used to collect market information and data.
This research study can be used by all participants of the global Cocoa Shell Color market as it covers every major and minor aspect of the current and future market competition. Even for stakeholders, it can prove highly beneficial, considering the range of studies offered along with detailed analysis of growth strategies that players are expected to adopt in the coming years. New entrants or players looking to make a foray into the global Cocoa Shell Color market can gather useful information and effective advice from the report. On the other hand, established companies can use the Cocoa Shell Color report to stay updated about current and future market scenarios and plan out their future business moves.
Reasons to Procure this Report: –
(A) The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.
(B) The report provides Cocoa Shell Color market revenues at the worldwide, regional, and country-level with a complete analysis to 2028 permitting companies to analyze their market share and analyze projections, and find new markets to aim.
(C) The research includes the Cocoa Shell Color market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.
(D) Cocoa Shell Color market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.
(E) This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.
(F) The study helps evaluate Cocoa Shell Color business predictions by region, key countries, and top companies’ information to channel their investments.
Key Questions Answered in the Report Include:
(1) This report gives all the information about the industry analysis, revenue, and overview, of this market.
(2) What will be the rate of increase in market size and growth rate by the end of the forecast period?
(3) What are the major global Cocoa Shell Color market trends influencing the development of the market?
(4) What are the vital results of SWOT analysis of the major players operating in the Cocoa Shell Color market?
(5) What are the potential growth opportunities and threats faced by Major competitors in the market?
(6) What are the market opportunities and threats faced by vendors in the Global Cocoa Shell Color market?
Request for customization in Report: https://www.qyresearch.com/customize-request/form/4578640/global-cocoa-shell-color-market
Table of Content
1 Cocoa Shell Color Market Overview
1.1 Product Overview and Scope of Cocoa Shell Color
1.2 Cocoa Shell Color Segment by Type
1.2.1 Global Cocoa Shell Color Market Size Growth Rate Analysis by Type 2022 VS 2028
1.2.2 Common Type
1.2.3 Refine Type
1.3 Cocoa Shell Color Segment by Application
1.3.1 Global Cocoa Shell Color Consumption Comparison by Application: 2022 VS 2028
1.3.2 Food
1.3.3 Beverage
1.3.4 Cosmetic
1.4 Global Market Growth Prospects
1.4.1 Global Cocoa Shell Color Revenue Estimates and Forecasts (2017-2028)
1.4.2 Global Cocoa Shell Color Production Capacity Estimates and Forecasts (2017-2028)
1.4.3 Global Cocoa Shell Color Production Estimates and Forecasts (2017-2028)
1.5 Global Market Size by Region
1.5.1 Global Cocoa Shell Color Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2028
1.5.2 North America Cocoa Shell Color Estimates and Forecasts (2017-2028)
1.5.3 Europe Cocoa Shell Color Estimates and Forecasts (2017-2028)
1.5.4 China Cocoa Shell Color Estimates and Forecasts (2017-2028)
1.5.5 Japan Cocoa Shell Color Estimates and Forecasts (2017-2028)
2 Market Competition by Manufacturers
2.1 Global Cocoa Shell Color Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Cocoa Shell Color Revenue Market Share by Manufacturers (2017-2022)
2.3 Cocoa Shell Color Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Cocoa Shell Color Average Price by Manufacturers (2017-2022)
2.5 Manufacturers Cocoa Shell Color Production Sites, Area Served, Product Types
2.6 Cocoa Shell Color Market Competitive Situation and Trends
2.6.1 Cocoa Shell Color Market Concentration Rate
2.6.2 Global 5 and 10 Largest Cocoa Shell Color Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion
3 Production Capacity by Region
3.1 Global Production Capacity of Cocoa Shell Color Market Share by Region (2017-2022)
3.2 Global Cocoa Shell Color Revenue Market Share by Region (2017-2022)
3.3 Global Cocoa Shell Color Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 North America Cocoa Shell Color Production
3.4.1 North America Cocoa Shell Color Production Growth Rate (2017-2022)
3.4.2 North America Cocoa Shell Color Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Cocoa Shell Color Production
3.5.1 Europe Cocoa Shell Color Production Growth Rate (2017-2022)
3.5.2 Europe Cocoa Shell Color Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 China Cocoa Shell Color Production
3.6.1 China Cocoa Shell Color Production Growth Rate (2017-2022)
3.6.2 China Cocoa Shell Color Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Japan Cocoa Shell Color Production
3.7.1 Japan Cocoa Shell Color Production Growth Rate (2017-2022)
3.7.2 Japan Cocoa Shell Color Production Capacity, Revenue, Price and Gross Margin (2017-2022)
4 Global Cocoa Shell Color Consumption by Region
4.1 Global Cocoa Shell Color Consumption by Region
4.1.1 Global Cocoa Shell Color Consumption by Region
4.1.2 Global Cocoa Shell Color Consumption Market Share by Region
4.2 North America
4.2.1 North America Cocoa Shell Color Consumption by Country
4.2.2 United States
4.2.3 Canada
4.3 Europe
4.3.1 Europe Cocoa Shell Color Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Cocoa Shell Color Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 China Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Cocoa Shell Color Consumption by Country
4.5.2 Mexico
4.5.3 Brazil
5 Segment by Type
5.1 Global Cocoa Shell Color Production Market Share by Type (2017-2022)
5.2 Global Cocoa Shell Color Revenue Market Share by Type (2017-2022)
5.3 Global Cocoa Shell Color Price by Type (2017-2022)
6 Segment by Application
6.1 Global Cocoa Shell Color Production Market Share by Application (2017-2022)
6.2 Global Cocoa Shell Color Revenue Market Share by Application (2017-2022)
6.3 Global Cocoa Shell Color Price by Application (2017-2022)
7 Key Companies Profiled
7.1 Hunan Organic Herb Inc
7.1.1 Hunan Organic Herb Inc Cocoa Shell Color Corporation Information
7.1.2 Hunan Organic Herb Inc Cocoa Shell Color Product Portfolio
7.1.3 Hunan Organic Herb Inc Cocoa Shell Color Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.1.4 Hunan Organic Herb Inc Main Business and Markets Served
7.1.5 Hunan Organic Herb Inc Recent Developments/Updates
7.2 Jiangxi Danxia
7.2.1 Jiangxi Danxia Cocoa Shell Color Corporation Information
7.2.2 Jiangxi Danxia Cocoa Shell Color Product Portfolio
7.2.3 Jiangxi Danxia Cocoa Shell Color Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.2.4 Jiangxi Danxia Main Business and Markets Served
7.2.5 Jiangxi Danxia Recent Developments/Updates
7.3 Guangzhou Well Land
7.3.1 Guangzhou Well Land Cocoa Shell Color Corporation Information
7.3.2 Guangzhou Well Land Cocoa Shell Color Product Portfolio
7.3.3 Guangzhou Well Land Cocoa Shell Color Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.3.4 Guangzhou Well Land Main Business and Markets Served
7.3.5 Guangzhou Well Land Recent Developments/Updates
8 Cocoa Shell Color Manufacturing Cost Analysis
8.1 Cocoa Shell Color Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Cocoa Shell Color
8.4 Cocoa Shell Color Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Cocoa Shell Color Distributors List
9.3 Cocoa Shell Color Customers
10 Market Dynamics
10.1 Cocoa Shell Color Industry Trends
10.2 Cocoa Shell Color Market Drivers
10.3 Cocoa Shell Color Market Challenges
10.4 Cocoa Shell Color Market Restraints
11 Production and Supply Forecast
11.1 Global Forecasted Production of Cocoa Shell Color by Region (2023-2028)
11.2 North America Cocoa Shell Color Production, Revenue Forecast (2023-2028)
11.3 Europe Cocoa Shell Color Production, Revenue Forecast (2023-2028)
11.4 China Cocoa Shell Color Production, Revenue Forecast (2023-2028)
11.5 Japan Cocoa Shell Color Production, Revenue Forecast (2023-2028)
12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Cocoa Shell Color
12.2 North America Forecasted Consumption of Cocoa Shell Color by Country
12.3 Europe Market Forecasted Consumption of Cocoa Shell Color by Country
12.4 Asia Pacific Market Forecasted Consumption of Cocoa Shell Color by Region
12.5 Latin America Forecasted Consumption of Cocoa Shell Color by Country
13 Forecast by Type and by Application (2023-2028)
13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)
13.1.1 Global Forecasted Production of Cocoa Shell Color by Type (2023-2028)
13.1.2 Global Forecasted Revenue of Cocoa Shell Color by Type (2023-2028)
13.1.3 Global Forecasted Price of Cocoa Shell Color by Type (2023-2028)
13.2 Global Forecasted Consumption of Cocoa Shell Color by Application (2023-2028)
13.2.1 Global Forecasted Production of Cocoa Shell Color by Application (2023-2028)
13.2.2 Global Forecasted Revenue of Cocoa Shell Color by Application (2023-2028)
13.2.3 Global Forecasted Price of Cocoa Shell Color by Application (2023-2028)
14 Research Finding and Conclusion
15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer
About Us:
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.” | https://weeklywall.com/cocoa-shell-color-market-growth-projections-analysis-trends-and-forecast-2028-hunan-organic-herb-inc-jiangxi-danxia-guangzhou-well-land/ | 2022-05-02T17:06:50Z | https://weeklywall.com/cocoa-shell-color-market-growth-projections-analysis-trends-and-forecast-2028-hunan-organic-herb-inc-jiangxi-danxia-guangzhou-well-land/ | true | 717 |
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Warrior Met Coal: Dividend Insights
Wednesday marks the last chance for investors to receive the next dividend payout from Warrior Met Coal (NYSE:HCC).
What’s Happening
The company announced on Tuesday that it would pay shareholders a quarterly dividend of $0.06 per share. On Thursday, Warrior Met Coal will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.06 lower than it would have opened on any other day.
In order to be eligible to receive a company’s dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own HCC as of the end of Wednesday’s session are eligible to receive the $0.06 dividend payout for every share that they own.
According to the company, this dividend will be paid out to shareholders on May 13, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. | https://www.benzinga.com/news/dividends/22/05/26935247/warrior-met-coal-dividend-insights | 2022-05-02T17:07:04Z | https://www.benzinga.com/news/dividends/22/05/26935247/warrior-met-coal-dividend-insights | true | 284 |
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9 arrested after leading police on wild chase in 5 stolen Camaros
LANSING, MI -- Nine men were arrested after leading police on a high-speed chase in sports cars stolen out of Lansing early Monday morning, police said.
At about 12:17 a.m. May 2, troopers from the Michigan State Police Lansing and Brighton posts launched a large-scale search effort on I-96 looking for five vehicles stolen from a GM auto plant in Lansing, police said.
The cars, all Chevy Camaros, were located at about 12:55 a.m. on I-96 approaching Oakland County traveling at high speeds, police said, leading to a pursuit by multiple police agencies.
The Camaros failed to stop several times, and pursuits ensued that went into Ingham, Livingston and Oakland counties, police said. At one point, the stolen cars separated into two groups consisting of two to four cars each, police said.
Some of the stolen vehicles crashed after troopers utilized tire deflation devices, police said. A group of the cars crashed on I-96 near Kensington Road in Livingston County, with the suspects fleeing on foot before being arrested.
Eventually, all of the cars were stopped and a total of nine men were arrested on numerous charges and lodged at Lansing City Jail, police said. Charges against the group including fleeing and eluding arrest, receiving and concealing a stolen vehicle - $20,000 or more, resisting and obstructing and conspiracy to commit an illegal act.
The value of the stolen vehicles is believed to be about $375,000, police said.
The suspects range in age from about 20 to 24 years old, police said. Of the nine men, eight were from Detroit and one was from Saginaw, police said.
Multiple agencies assisted in the chase, including MSP troopers from the Lansing, Brighton and metro south posts, MSP K-9 units, the Livingston and Oakland county sheriff’s offices, the Metroparks Police and Green Oak Township Police Department.
More from the Jackson Citizen Patriot:
Despite rising COVID cases, hospitalizations, CDC says Michiganders still good to go mask-free
Highly-pathogenic bird flu detected in Branch County backyard flock
Drunk driver rescued after crashing into Grand River
$537K repair, repaving project coming to Jackson fire station
Judge sides with Jackson in dismissing lawsuit filed by mayoral candidate | https://www.mlive.com/news/jackson/2022/05/wild-car-chase-with-5-stolen-camaros-ends-in-9-arrests.html | 2022-05-02T17:09:27Z | https://www.mlive.com/news/jackson/2022/05/wild-car-chase-with-5-stolen-camaros-ends-in-9-arrests.html | false | 1 |
China And The World Economy
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.
AT-A-GLANCE
- China’s economy can influence global growth through its voracious appetite for a range of commodities from grains to energy to metals produced by a multitude of nations
- The global economy can, in turn, influence the pace of growth in China as the country depends on demand from nations across the world to consume its exports of finished products from furniture to machinery and appliances
- If China’s growth slows later this year as expected by many analysts, it could have repercussions for economies that depend on China as a major export destination
- The strength of China’s yuan could hinge on export growth, influenced by both China’s COVID-19 policies as well as on how fast global consumers switch their demand back to services from goods as economies reopen
The rise of China into the upper echelons of the world economic order underscores the sway it has over how the global economy performs from the perspective of its appetite for commodities from grains to energy to metals, as a key bilateral trading partner, an important investor in resource-rich nations, and its status as a powerhouse since becoming a member of the World Trade Organization in 2001.
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This relationship that has gained in importance over the years, however, is a two-way street, as China also depends on the rest of the world for its growth, and this has indeed been pivotal to China emerging as the world’s second largest economy behind the United States.
In this article we will examine the role China plays in the global economy in terms of its contribution to trade flows, the modern origins of its growth in prosperity going back to the 1970s, its current challenges from the troubled property sector, slowdown in growth and pace of exports, and its renewed battle to contain an outbreak of COVID-19 that has led to lockdowns, reminiscent of two years ago.
The Rise of the Chinese Dragon
China’s economy began its metamorphosis into what it is today with reforms initiated by Premier Dengxiao Peng in the 1970s and 1980s that included the crucial opening up of parts of the country to foreign investment, sowing the seeds for a flourishing private sector within a centrally planned economy (Figure 1).
Figure 1: Pace of Growth
The reforms set in motion the rapid expansion of the Chinese economy, which was valued at $14.7 trillion in 2020 by the World Bank. But 40 years ago, the Chinese economy was in its infancy, valued at a mere $191 billion in 1980. Within the next 20 years, the size of the Chinese economy had crossed the trillion-dollar mark for the first time in 1998. It was seen by many analysts then as the awakening of a sleeping giant, with its vast resource of people acting as the catalyst for future growth.
In contrast, the U.S. economy was valued at almost $21 trillion in 2020, and was about one-tenth that size in 1980 at $2.85 trillion – nearly 15 times the size of China’s economy at that stage. Over the years that gap narrowed. In 2020, the U.S. economy was about 1.5 times the size of the Chinese economy. As the Chinese economy was posting double-digit annual growth rates, starting from a smaller base, the U.S. economy grew a slower pace consistent with its being a mature economy.
During the 2008 sub-prime mortgage recession, the U.S. economy contracted from $14.7 trillion to $14.4 trillion in 2009. It rebounded to $21.43 trillion in 2019 before slipping during the pandemic of 2020. Together, the U.S. and China account for 43% for the global economy valued at around $85 trillion in 2020, reflecting their influence with every twist and turn of their own respective pace of growth.
How did China’s economy prosper and become a major player on the world stage? It’s vast labor pool provided the foundation for growth, focusing on exports and wresting the title of World’s Second Largest Economy from Japan, which also thrives on exports but has higher production costs. In fact, China is the top supplier of goods to the United States, and is the third largest market for U.S. products, with the countries locked in a symbiotic trade relationship despite the occasional political flare ups.
Having been reliant on exports for its exponential growth for decades (Figure 2), China is now moving to make domestic consumerism its hallmark, just like the U.S., to tap into its growing middle class and its attendant affluence. China’s per capital income has surged from just $194 in 1980 to $10,434 in 2020, uplifting millions from an agrarian economy in a massive shift to industries and an urban lifestyle.
Figure 2: China’s Growth in Exports
The global dependence on China as a “factory to the world” became evident during the height of the pandemic when supply chains were snarled by its lockdowns, and the subsequent rise in inflation as a sequestered world shifted its demand from services to manufactured goods produced primarily in China.
Thus, began a corporate push to diversify centers of production away from China to other countries in Asia, which could take years to materialize.
China is the most important external market for the U.S. agricultural sector, importing vast amounts of soybeans and corn for its livestock industries. More broadly, its top five trading partners are the U.S., Hong Kong, Japan, Vietnam and South Korea. China has extensive investments in resource-rich countries in Africa and Asia to provide the minerals and other resources Chinese industries require to keep them humming along.
In 2020, the top U.S. export to China was electrical machinery valued at $17 billion, followed by soybeans at $15 billion. Top U.S. imports from China were electrical machinery worth $111 billion, with furniture and bedding coming in fourth at $23 billion – which increased significantly in 2021 when American consumers switched from the service sector amid the lockdowns to remodeling their homes and buying new furniture and other manufactured products.
Exports have been the centerpiece of the Chinese economy, and their growth over the years have been significant. In 1990, China was exporting a mere $60 billion worth of goods and services. Exports began to take off in earnest in 2002, from $256 billion to $1.61 trillion in 2008. Exports were set back during the recession that year. The recovery began in 2009 to top $2 trillion in 2011 and $2.7 trillion in 2014. A slowdown in exports in 2015 marked China’s slowest annual pace of growth in more than two decades.
Headwinds ahead for China?
China’s labor force has been instrumental in the country’s growth, powered by the massive movement from rural to urban areas over the last several decades. In the 2020s, though, the rural to urban migration is expected to slow. And, the overall labor force is now shrinking (Figure 3), with more people leaving the workforce then are entering it – the result of an aging population and the one-child policy that was abandoned in 2016. China now allows couples to have three children per family, but the effects of this could take a generation or more to bolster the working population. And, many Chinese in their 20s and 30s were born into one-child families, and plan on having a one-child family themselves. The overall demographic result is a rapid increase percent of Chinese in the over-65 category (Figure 4).
Figure 3: China’s Shrinking Labor Force
Figure 4: Aging Populations in U.S. and China
Most recently, China’s economy has slowed sharply in late 2021 and early 2022 to below 5% growth rates and China isn’t alone in experiencing a slowdown. The International Monetary Fund (IMF) expects global growth to moderate from 5.9% in 2021 to 3.9% in 2022 (down from its January forecast of 4.4%), largely reflecting its scale-back in forecasts for the U.S. and China. The IMF cites renewed disruption from the pandemic and financial stress among property developers for a 0.8% mark down. The bank, however, upgraded its forecast for 2023 to 3.8% from 3.6% due to “a mechanical pick up after current drags on growth dissipate in the second half of 2022.”
China has been dealing with its troubled property sector by cutting benchmark mortgage rates to bolster home purchases, while at the same time the Peoples Bank of China (PBOC) has reduced short- and medium-term lending rates to bolster an economy that faltered in the fourth quarter of 2021 to 4% -- its slowest pace in decades except for the early 2020 lockdowns.
The IMF projects China’s growth to slow down to 4.4% in 2022 from a projected 7.9% in 2021 due to “to the rapid withdrawal of policy support, the lagging recovery of consumption amid recurrent COVID-19 outbreaks despite a successful vaccination campaign, and slowing real estate investment following policy efforts to reduce leverage in the property sector.”
China made a strong recovery from the pandemic slump amid a surge in exports of manufactured goods as demand shifted away from the services sector during lockdowns. But as economies reopen, at their own pace, there are expectations for consumers to return to a life of dining-in at restaurants, entertainment events and enjoy once again domestic and international travel. In the past, China’s government has used generous fiscal policies to shore up any slack in the economy. But, over the long-term, this could be a challenge due to large debt relative to its GDP.
How will China’s Currency Respond to Slower Growth?
Because China maintains relatively strict regulations on the flow of capital into and out of the country, export growth plays a much more important role in exchange rate dynamics than for most countries. And, it has been the strong pace of China’s exports which has underpinned its yuan, strengthening over the past two years against the U.S. dollar from 7.10 yuan to the dollar to the 6.30-6.40 range. But the recent lockdowns in China had the yuan weakening to the lowest level in a year against the dollar (Figure 5).
Figure 5: Relative strength of the Yuan to the Dollar
The yuan’s relative strength contrasts with the slump of the Japanese yen to 20-year lows against the greenback, which is also at multi-month highs against a basket of currencies including the euro, British pound and Canadian dollar, among others. For countries allowing a relatively free flow of capital, the recent driver of exchange rates versus the U.S. dollar has focused on the shift in Federal Reserve policy from near-zero rates to raising rates, and from balance sheet expansion to shrinkage. The Fed’s shift away from accommodation and toward a more neutral monetary policy is in contrast to the European Central Bank, which still maintains a negative short-term rate policy, and the Bank of Japan, which continues to hold both short-term and long-term rates near zero. Hence, the dynamics of the Chinese yuan are less swayed by shifts in monetary policy and more driven by its export growth.
Will the yuan maintain its relative strength against the dollar or will it weaken further? It is an open question, but if the past is any guide, export growth will be key, rather than shifts in monetary policy at the Fed. And, there are several scenarios for export growth. The pandemic brought a shift in spending in the U.S. and in Europe away from services and towards goods, many of which are produced and exported by China. Within China, the degree of lockdowns due to COVID at port cities, such as Shanghai, may also slow exports by delaying shipping.
As Europe and North America move toward a more open and less restrictive management of COVID-19, essentially shifting from pandemic to endemic, many analysts expect a return to more personal income being spent on services, that is restaurants, travel, etc., and less on goods. To date, however, even as economies have re-opened, spending on goods remains elevated relative to services. Then there is also the relationship of Chinese exports to global growth. If global growth slows, as the IMF suggests it might, then Chinese exports may decelerate as well. In sum, the Chinese yuan may be in the crosshairs of any change in consumption patterns back toward goods or a slowdown in global growth.
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Posted-In: CME Group Partner ContentEconomics | https://www.benzinga.com/22/04/26885981/china-and-the-world-economy | 2022-05-02T17:10:09Z | https://www.benzinga.com/22/04/26885981/china-and-the-world-economy | true | 1 |
Movie trailers Watch: Mahesh Babu plays a loan recovery agent in ‘Sarkaru Vaari Paata’ Parasuram Petla’s Telugu film, co-starring Keerthy Suresh, will be out in cinemas on May 12. The cast includes Samuthirakani, Vennela Kishore and Subbaraju. Scroll Staff 28 minutes ago Mahesh Babu in Sarkaru Vaari Paata (2022) | Mythri Movie Makers/GMB Entertainment/14 Reels Plus Play Sarkaru Vaari Paata (2022). We welcome your comments at letters@scroll.in. Sarkaru Vaari Paata Mahesh Babu Keerthy Suresh | https://scroll.in/reel/1023135/watch-mahesh-babu-plays-a-loan-recovery-agent-in-sarkaru-vaari-paata?utm_source=rss&utm_medium=public | 2022-05-02T17:11:07Z | https://scroll.in/reel/1023135/watch-mahesh-babu-plays-a-loan-recovery-agent-in-sarkaru-vaari-paata?utm_source=rss&utm_medium=public | true | null |
YUKON, Okla., May 2, 2022 /PRNewswire/ -- Crunch Franchise, Undefeated Tribe today announced the fall 2022 opening of Crunch Yukon, a $5 million, 35,000-square-foot fitness facility, with state-of-the-art equipment and amenities open 24/7. Crunch Yukon is located at 11241 West Reno Avenue.
Founding members will receive pre-opening rates with only $1 enrollment, in addition to a Crunch swag bag, discounts on small group and personal training, and more. Crunch Yukon will begin offering discounted memberships to prospective members in fall of 2022.
Fusing fitness with entertainment to make serious exercise fun, Crunch Yukon will offer top-quality cardio equipment and strength training equipment, half-hour circuit training, a functional HIITZone™ training area with indoor turf, ride spin classes, a dedicated group fitness studio, Kid's Crunch, tanning and sunless tanning options, HydroMassage® beds, Red Light Therapy, personal training, and full-service locker rooms with showers and a sauna.
Crunch Yukon is owned by fitness industry veteran Tony Hartl, CEO and Co-Founder of Undefeated Tribe. Hartl plans to open 50 Crunch Fitness locations in Texas and other states.
"We are so excited to bring an outstanding and affordable fitness offering to Yukon," said owner Tony Hartl. "With world-class-equipment and amenities, round-the-clock hours and memberships that start at $9.99 per month, we can't wait to open our doors to Yukon residents."
Crunch is known for its innovative group fitness programming and will offer a wide range of classes every week, including BodyWeb with TRX®, Zumba®, Cardio Tai Box, Yoga Body Sculpt and Fat Burning Pilates. Members looking for additional guidance or motivation can utilize the HIITZone™, a proprietary high-intensity interval group-training program.
If you are interested in working at Crunch Yukon, please visit https://www.epiccrunchjobs.com/ for more information.
Crunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of 'No Judgments.' Crunch serves a fitness community for all kinds of people, with all types of goals, exercising all different ways, working it out at the same place together. Today, we are renowned for creating one-of-a-kind group fitness classes and unique programming for our wildly diverse members. Headquartered in New York City, Crunch serves over 1.9 million members with over 400 gyms worldwide in 34 states and the District of Columbia, Australia, Canada, Costa Rica, Portugal, Puerto Rico, and Spain. Crunch is rapidly expanding across the U.S. and around the globe.
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SOURCE Crunch | https://www.wtvy.com/prnewswire/2022/05/02/crunch-franchise-undefeated-tribe-announces-newest-location-yukon-oklahoma/ | 2022-05-02T17:15:43Z | https://www.wtvy.com/prnewswire/2022/05/02/crunch-franchise-undefeated-tribe-announces-newest-location-yukon-oklahoma/ | true | 11 |
Bobcats halt Woodville in warmup tilt
Published 9:38 am Monday, May 2, 2022
The Orangefield Bobcats defeated the Woodville Eagles 6-0 in a warmup game as both teams are getting ready for the playoffs this week.
Three pitchers combined to throw a shutout for the Bobcats (22-2-1) Jason Bodin struck out Darius Bean to finish off the game.
Cooper Longron was credited with the victory for Orangefield. The southpaw allowed one hit and zero runs over three innings, striking out two and walking zero. Brycen Tait and Bodin entered the game out of the bullpen and helped to close out the game in relief.
Lane Ferguson was on the mound for Woodville. Ferguson allowed three hits and two runs over three innings, walking zero. Connor Risinger, Tate Hickman, Bean, and Riley Bettes each entered the game as relief, throwing one and one-third innings, one inning, one inning, and two-thirds of an inning respectively.
Orangefield racked up seven hits on the day. Kameryn Henderson and Bodin each collected multiple hits for the Bobcats. Orangefield didn’t commit a single error in the field. Kyle Michael had the most chances in the field with six. | https://www.orangeleader.com/2022/05/02/bobcats-halt-woodville-in-warmup-tilt/ | 2022-05-02T17:16:44Z | https://www.orangeleader.com/2022/05/02/bobcats-halt-woodville-in-warmup-tilt/ | false | 1 |
MEMPHIS, Tenn., May 2, 2022 /PRNewswire/ -- Varsity Spirit – the global leader in cheerleading, dance team and band apparel, camps and competitions, and a division of Varsity Brands, the market leader in team sports, school spirit and achievement recognition – is pleased to announce that The Summit Championship and The Dance Summit Championship, produced by Varsity All Star, took place on April 28 – May 1, 2022 in Orlando, FL.
This past weekend, all star cheerleading and dance teams traveled domestically and internationally to compete in Orlando, FL at the Walt Disney World® Resort. Teams performed in a one-of-a-kind competition experience at ESPN Wide World of Sports Complex in the State Farm Field House, Visa Athletic Center and The AdventHealth Arena – the first ever building designed to host cheer and dance events. Across The Summit Championship, The Dance Summit Championship and D2 Summit Championship, ESPN Wide World of Sports Complex will host over 2,500 teams and nearly 45,000 athletes.
"The Summit Championship provides a unique experience for athletes to compete against the best of the best across all levels of competition," said John Newby, Executive VP and General Manager of Varsity All Star. "The Summit Championship and The Dance Summit Championship continue to grow, offering multiple paths for teams to have a competitive, prestigious and celebratory end to their seasons. We are thrilled to celebrate this milestone of 10 years of The Summit alongside our proud partners at The Walt Disney World® Resort, who also celebrate a major milestone of 50 years this year. Together, we have made incredible memories for over 25 years, and will continue to provide amazing and memorable experiences for young people."
Varsity All Star is excited to continue the tradition of honoring The Varsity Pinnacle Award, recognizing athletes that embody the #AllStarStrong characteristics – Teamwork, Dedication, Confidence, and Leadership. The 2022 Pinnacle Award is awarded to one athlete at each of the end-of-season events, including The Summit, The Dance Summit & The D2 Summit. This year, Varsity All Star was proud to present the 2022 Pinnacle Award to Alayna Sherwood from Columbus, OH: Step 1 All Stars North Fantastic – L4 Senior Small at The Summit Championship, Gabriella Bortone from Palisades Park, NJ: The Source Dance Lab Blackout – Large Junior Hip Hop at The Dance Summit Championship and Lacie Logan from Carlisle, PA: USA Stars Task Forc3 – L3 Senior Coed D2 at the D2 Summit Championship. Alayna, Gabriella and Lacie's contributions to their teams and gyms are invaluable and we are proud of the example they set in the all star community. Learn more about Alayna, Gabriella and Lacie's achievements here.
For more information on The Summit Championship and The Dance Summit Championship, please visit Varsity.comhttp://varsityallstar.com/. Varsity Spirit live streamed the championship on Varsity TV, a website dedicated to exclusive live coverage and video libraries of Varsity Spirit cheer and dance competitions. Videos of the routines are available for fans who were otherwise unable to attend, and full results listings are available on Varsity TV. The Summit show, which features the Dance Summit Championship and D2 Summit Championship, will air on June 4th at 10am ET on ESPN2, June 5th at 11am ET on ESPNU, and June 11th at 9am ET on ESPNU. Airdates for all Varsity Spirit Championship television programming can be found on Varsity.com.
About Varsity Spirit
Memphis-based Varsity Spirit, the driving force behind cheerleading's dynamic transformation into the high-energy, athletic activity it is today, is the leading global source for all things spirit, including cheerleading, dance team and performing arts. A division of Varsity Brands, Varsity Spirit is a leader in uniform innovation, as well as educational camps, clinics and competitions, impacting more than a million athletes each year. Focused on safety, entertainment and leadership, Varsity Spirit's employees have been dedicated to celebrating spirit through its brands since 1974. For more information about Varsity Spirit or Varsity Brands, please visit varsity.com or varsitybrands.com.
About Varsity Brands
With a mission to inspire achievement and create memorable experiences for young people, Varsity Brands elevates the student experience, promotes participation and celebrates achievement through three unique but interrelated businesses: BSN SPORTS, Varsity Spirit, and Herff Jones. Together, these entities promote personal, school and community pride through their customizable products and programs to elementary and middle schools, high schools, and colleges and universities, as well as church organizations, professional and collegiate sports teams and corporations. Through its dedicated employees and independent representatives, Varsity Brands reaches its individual and institutional customers each year through competitions, camps and sales.
MEDIA CONTACT:
Emily Albert
Varsity Spirit
ezemlachenko@varsity.com
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SOURCE Varsity Spirit | https://www.live5news.com/prnewswire/2022/05/02/2022-summit-championship-celebrates-10th-anniversary-orlando-fl/ | 2022-05-02T17:20:14Z | https://www.live5news.com/prnewswire/2022/05/02/2022-summit-championship-celebrates-10th-anniversary-orlando-fl/ | false | 11 |
SEOUL, South Korea (AP) — South Korean superstar PSY said his new album marks a “farewell to ‘Gangnam Style’" — the hit song that propelled him to superstardom exactly a decade ago.
Indeed, the music video for the lead single — “That That” featuring Suga from BTS — shows PSY in the famous blue suit he wore in the “Gangnam Style” video.
“So, a guy in a blue tuxedo comes out and gets a slap from Suga and goes on his way,” alluding to his old self walking away from the past, PSY told The Associated Press during an interview before the album's release. His latest album “PSY 9th," released Friday, has 12 songs, including one featuring Korean-Canadian rapper Tablo.
PSY, whose real name is Park Jae-sang, swept the world with “Gangnam Style” in 2012. The song, with its addictive horse-riding dance and catchy melodies, made a global splash and currently has over 4.4 billion views on YouTube.
In an interview, PSY discussed the long gap in recordings, whether he’s still pressured by the global success of “Gangnam Style,” and what he envisions for himself and the Korean pop industry.
Remarks have been edited for clarity and brevity.
___
AP: “PSY 9th” took five years. What took so long?
PSY: One can’t satisfy everyone. People’s taste is subjective. But if I let someone listen to my music and even if that person isn’t from the industry, if that person says, “This is not that great," I make a change. There are 40 to 50 people I play my music to when it’s ready. Until they collectively say, “This is the best it can get,” I search for the song. So... I also make a lot of changes. Our artists find this difficult when working with me, and I want to change the habit, but it’s hard to correct it. When I make music, I listen to it on a cellphone speaker, on a big speaker, and do my best to try to find a fault... I kill many songs, and I’ve been in that process for a long time.
AP: Who are those 40-50 people?
PSY: Every artist in my company and some of our label employees. There are young and old people including my parents... The most random person is my best friend — someone my age living everyday life who has been continuously monitoring my songs ever since my first album.
AP: It’s been 10 years since “Gangnam Style.” Are you still conscious of “Gangnam Style?” Do you feel pressure?
PSY: The hidden theme of this music video is “Farewell to Gangnam Style.” So, a guy in a blue tuxedo comes out and gets a slap from Suga and goes on his way. There is a hidden theme in the song of me and Suga in new outfits sending old PSY off. It’s not a serious video but there is such a scene. But personally, and work wise, the success of “Gangnam Style” was a very big event so it’s impossible to not be conscious of it permanently. But at the same time, it’s been a long time, and right now I feel very free and easy. So instead of being conscious of it, I think of it as the biggest trophy on my shelf, nothing more or less. Right now, I’m just mesmerized by doing new music with new friends.
AP: So how long did it take you to get over “Gangnam Style?”
PSY: I couldn’t get over it at all for the 7th album. I was largely over it five years ago when I released my 8th album. Now, I am completely over it.
AP: What’s your favorite song in your music career?
PSY: There is a song called “It’s Art” in my 5th album. Whatever I write, it’d probably be difficult to beat that song.
AP: Why?
PSY: Even though I’ve been doing music for a long time, there are some of my own songs that still make me proud. That’s the song. It’s emotional and has nice beats and messages, and the audience loves the song. I’d never promoted the song, but it went viral and became the song that I sing after “Champion” and “Gangnam Style” during concerts.
AP: If there were to be the biggest change in the Korean pop industry in the near future, what would that be?
PSY: K-pop will continuously level up in terms of the size of budget and efforts going in, and the standard of trainees... I think the next change will be metaverse... Metaverse will bring changes to the K-pop industry by getting rid of boundaries for stage and audience.
AP: Are you preparing any NFT or metaverse-related project?
PSY: It’s my first time revealing this. I am preparing a character of myself that sings and dances. Thankfully, people are used to an illustration of me because I’ve been using it as my album cover ever since my debut... But PSY as a singer should remain active offline for a long time. I am not known for a muscular body or well-trained dance moves. The audience gets thrilled by my vibe and atmosphere on stage, so an audience-free concert won’t be an option for me. But I am working closely with artists in my label to prepare for the metaverse world. | https://www.mysanantonio.com/entertainment/article/PSY-s-new-album-video-turn-corner-from-Gangnam-17141719.php | 2022-05-02T17:23:22Z | https://www.mysanantonio.com/entertainment/article/PSY-s-new-album-video-turn-corner-from-Gangnam-17141719.php | false | 28 |
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Voya STRATEGIC ALLOCATION PORTFOLIOS INC (Form497K) (0001683863-22-004369)
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0001683863-22-004369 | https://www.benzinga.com/secfilings/22/04/26910723/voya-strategic-allocation-portfolios-inc-form497k-0001683863-22-004369 | 2022-05-02T17:27:16Z | https://www.benzinga.com/secfilings/22/04/26910723/voya-strategic-allocation-portfolios-inc-form497k-0001683863-22-004369 | true | 254241 |
JERUSALEM — Israel is holding some 600 Palestinian detainees without charge or trial, the highest number since 2016, an Israeli rights group said Monday.
Israel says it uses so-called administrative detention to thwart attacks and to hold dangerous militants without revealing sensitive intelligence. Palestinians and rights groups say the system is widely abused and denies due process, with some detainees held for months or years without seeing the evidence against them.
HaMoked, an Israeli rights group that regularly gathers figures from prison authorities, said that as of May there were 604 detainees held in administrative detention. Nearly all are Palestinians, as administrative detention is very rarely used against Jews.
HaMoked says 2,441 Palestinians are serving sentences after being convicted in military courts. Another 1,478 detainees are being held for questioning, have been charged and are awaiting trial, or are currently being tried.
Israel has seen a wave of attacks in recent weeks that have killed at least 15 people. It has carried out arrest raids across the occupied West Bank that it says are aimed at preventing more. Those operations have ignited violent protests and gunbattles.
At least 29 Palestinians have been killed, according to an Associated Press tally. Most were killed after carrying out attacks or during clashes with Israeli forces, but an unarmed woman and two people who appear to have been bystanders were also killed.
The last time Israel held this many administrative detainees, in October 2016, was also in the wake of a surge in violence, including stabbings, shootings and car-ramming attacks carried out by Palestinians.
“Administrative detention is used only when the security forces have credible and well-established information of an actual security threat posed by the detainee, and when other avenues to remove the threat are not feasible,” the army said in a statement.
Israel says all administrative detention orders are subject to judicial review. Detainees can appeal to a military court of appeals or Israeli’s Supreme Court, but rights groups say the courts overwhelmingly defer to the security establishment.
Jessica Montell, the director of HaMoked, said violence does not justify detaining hundreds of people for months or years without charge.
“It’s like an assembly line of administrative detention, far in excess of what can be justified under international law,” she said, which only allows preventive detention under rare circumstances for a limited period of time.
Those held could include dangerous militants, but also cases of mistaken identity. A teenager with a rare neuromuscular disorder has been held in administrative detention for over a year.
“We have no idea what they’re suspected of, and many of them also have no idea what actually are the allegations against them, because it’s entirely based on secret evidence,” Montell said.
Several Palestinians in administrative detention have gone on prolonged hunger strikes in protest, with many developing lifelong health issues. Administrative detainees and their lawyers have boycotted Israeli military court proceedings since the start of this year in protest. The courts are holding hearings without them, according to B’Tselem, another prominent Israeli rights group.
The West Bank has been under Israeli military rule since Israel captured the territory in the 1967 Mideast war. The Palestinians want it to form the main part of their future state.
The territory’s nearly 3 million Palestinian residents are subject to Israel’s military justice system, while the nearly 500,000 Jewish settlers living alongside them have Israeli citizenship and are subject to civilian courts.
Copyright © 2022 The Washington Times, LLC. | https://www.washingtontimes.com/news/2022/may/2/israel-holding-more-than-600-without-charge-most-s/?utm_source=RSS_Feed&utm_medium=RSS | 2022-05-02T17:27:45Z | https://www.washingtontimes.com/news/2022/may/2/israel-holding-more-than-600-without-charge-most-s/?utm_source=RSS_Feed&utm_medium=RSS | true | 34 |
COLUMBUS, Ohio — The first multistate contest of the 2022 midterm election season unfolds on Tuesday, as Ohio voters pick nominees for governor and the U.S. Senate while Indiana voters consider whether their Legislature should become even more conservative.
The races, particularly in Ohio, could provide a fresh window into former President Donald Trump’s sway among the party faithful. He has been especially involved in Ohio’s Senate primary, which has been marred by Republican divisions, along with campaigns for the U.S. House and secretary of state.
For Democrats, a potential threat to incumbent U.S. Rep. Shontel Brown in Cleveland is of keen interest. Brown is locked in a rematch against progressive challenger Nina Turner, a former state senator and surrogate for Vermont Sen. Bernie Sanders’ presidential campaigns. Turner is trying again after losing to Brown in last year’s special election.
Voting in Ohio comes against the backdrop of a chaotic and still unresolved redistricting battle.
What to watch as the Ohio and Indiana primaries unfold:
WHO WILL SURVIVE OHIO’S NASTY SENATE PRIMARY?
Seven candidates are on the ballot in Tuesday’s Republican faceoff for the coveted open U.S. Senate seat of retiring Republican Rob Portman. They are Trump-endorsed “Hillbilly Elegy” author JD Vance, former Ohio Treasurer Josh Mandel, Cleveland investment banker Mike Gibbons, former Ohio Republican Chair Jane Timken, state Sen. Matt Dolan, whose family owns the Cleveland Guardians baseball team, and entrepreneurs Mark Pukita and Neil Patel.
The campaign has featured months of jockeying among top contenders for Trump’s endorsement, more than $65 million in TV and radio spending, dozens of debates and candidate forums, and one highly publicized physical confrontation between two candidates.
As Vance rides high on the Trump endorsement, other candidates who campaigned on their loyalty to the former president are hoping that heavy ad spending or a strong ground game can help them win. Dolan is the only candidate who ran as a Portman-like centrist, but Timken landed Portman’s endorsement.
Whoever prevails will face the winner of a three-way Democratic primary between 10-term U.S. Rep. Tim Ryan, former consumer protection attorney Morgan Harper and Columbus activist and tech exec Traci Johnson.
IS A TRUMP ENDORSEMENT A SLAM-DUNK IN OHIO?
Trump twice won Ohio by more than 8 percentage points, so many viewed getting his nod in the Senate race as critical to winning the crowded Senate primary. Instead, when he finally chose Vance, it divided the state.
That’s because Vance opponents, including Mandel, Gibbons and their allies, had aired months of ads highlighting Vance’s past anti-Trump statements. Some tea party Republicans protested an April 23 Trump rally featuring Vance, and one conservative group, Ohio Value Voters, urged its supporters to boycott — or boo Vance when he walked on stage. The deep-pocketed Club for Growth, a conservative group backing Mandel, has taken to TV with ads directly attacking Trump for his choice.
Trump also has backed candidates in two Republican congressional primaries: Max Miller, his former White House and campaign aide, in the sprawling new 7th District in northeast Ohio, and Madison Gesiotto Gilbert in the Akron-area 13th District. He also is backing Secretary of State Frank LaRose in his primary against former state Rep. John Adams, a conservative Trump supporter.
WILL A WOMAN BREAK THROUGH IN OHIO’S GUBERNATORIAL RACE?
Democrat Nan Whaley is seeking to be the first woman in Ohio to get a major party’s nomination for governor. The former Dayton mayor is locked in a tight race with ex-Cincinnati Mayor John Cranley, who is endorsed by feminist icon Gloria Steinem.
They see eye-to-eye on most major issues — guns, abortion rights, social justice — but Whaley has repeatedly pointed out that Cranley only recently said he was pro-choice. She also has the backing of the state’s top Democrat, U.S. Sen. Sherrod Brown.
Neither candidate is a household name across Ohio. Both have struggled to draw attention as much of the state is focused on the contentious U.S. Senate race and ongoing redistricting fight.
The big question for first-term Republican Gov. Mike DeWine is just how many conservative voters will punish him for pushing aggressive mandates and shutdowns during the pandemic.
DeWine is widely known from a 40-year career in Ohio politics and in a solid position to win the GOP’s nomination for another four-year term. His two main challengers have tapped into the anger over the governor’s COVID-19 policies, but they’re likely to split those far-right voters.
DeWine isn’t taking any chances, pouring millions into advertising during the weeks leading into the primary. The concern will be whether those same conservative voters who were furious with DeWine will come back to him in November.
WILL CONFUSION OVER OHIO’S PRIMARY CALENDAR AFFECT RESULTS?
A protracted battle over Ohio’s congressional and legislative maps has played havoc with the state’s 2022 election calendar. For a long time, it looked like the May 3 primary wouldn’t go forward amid all the legal wrangling. Then suddenly it did.
Voter advocates, campaigns and political parties have stepped up efforts to get the word out as participation in early voting showed a 40% decline from four years ago.
Tuesday’s ballots will not list state legislative races, which are expected to be decided in a second primary later this year. The Ohio Redistricting Commission faces a deadline next week to try for a fifth time to draw district lines that don’t represent a partisan gerrymander and can meet constitutional muster. If the panel fails, a federal court has said it will force an Aug. 2 primary using one of the previously invalidated maps.
Congressional races have gone forward using a map that has also been invalidated by the Ohio Supreme Court. Ongoing litigation could result in a new map before 2024 elections.
IS INDIANA’S LEGISLATURE CONSERVATIVE ENOUGH?
More than a dozen Indiana House members are trying to hold off Republican primary challengers who argue that the GOP-dominated Legislature hasn’t been aggressive enough on issues from attempting to ban abortion to overturning COVID-19 restrictions that were ordered by the state’s Republican governor.
Those challengers say they are tapping into frustration among conservative voters and want to push the Legislature further to the right in a state where Republicans control all statewide offices and have had legislative supermajorities for the past decade.
Whether the challengers can defeat incumbents backed by Republican leaders’ multimillion-dollar campaign fund should be answered in Tuesday’s primary.
Republican legislative leaders argue the “no compromise” stances adopted by many challengers aren’t practical and tout the state’s low taxes and unemployment and broad private school voucher program among its conservative successes.
Challengers like Brittany Carroll, a family law attorney running for a central Indiana seat, maintain Indiana lawmakers should be aggressively pushing issues such as the Texas ban on abortions after roughly six weeks of pregnancy.
“Indiana could be leading in terms of liberty, like Florida, like Texas,” Carroll said.
___
Davies reported from Indianapolis. Associated Press writer John Seewer in Toledo, Ohio, contributed to this report. | https://www.abqjournal.com/2494990/2022-midterms-what-to-know-about-ohio-indiana-primaries.html | 2022-05-02T17:29:23Z | https://www.abqjournal.com/2494990/2022-midterms-what-to-know-about-ohio-indiana-primaries.html | false | 69 |
Neighbors concerned about flooding issues as hundreds of new homes are built in Broken Arrow
BROKEN ARROW, Okla. — Some residents in Broken Arrow’s Oneta neighborhood are upset about hundreds of new homes under construction.
Home developer Rausch-Coleman has been handling the project. When crews started building the storm water infrastructure, that’s when Clayton Calvert said the issues began.
“Their storm water isn’t coming in correctly, and it’s flooding my pasture. My neighbors to the west are also struggling, it’s wiping out our fences,” said Calvert.
Dawnelle Lawson also lives nearby. She said Rausch-Coleman has already built 200 homes, and there are plans to build 600 more. Neighbors say creeks in their pastures are used to help prevent flooding. It was once three feet wide and an inch deep.
After construction, it’s eight feet deep and 100 feet wide. Aside from major erosion expansion, Lawson said there’s not enough infrastructure. Neighbors are concerned that more people will bring more problems.
“600 times two is 1,200 more cars, school buses, trucks. And roads are set up for two lanes,” said Calvert.
It’s a concern shared by others.
FOX23′s Investigative Team received an email showing concern from former Broken Arrow School District Superintendent Dr. Janet Vinson. In the email, Dr. Vinson told commissioners that she was concerned of overcrowding in schools, and that schools will struggle to accommodate the growth.
Dr. Vinson also said that roads in the area have not been widened or improved to accommodate our buses, which would compromise safety with students in transit.
There is a hearing scheduled Monday at 9 a.m. at the Wagoner County courthouse, where people can share their thoughts and opinions.
FOX23 has reached out to Rausch-Coleman and have yet to hear back.
©2022 Cox Media Group | https://www.newsbreak.com/news/2587777991717/neighbors-concerned-about-flooding-issues-as-hundreds-of-new-homes-are-built-in-broken-arrow | 2022-05-02T17:30:15Z | https://www.newsbreak.com/news/2587777991717/neighbors-concerned-about-flooding-issues-as-hundreds-of-new-homes-are-built-in-broken-arrow | false | 2 |
Several problems are being reported in MEO’s telecommunications services in the early afternoon of this Monday.
There are several reports that reach the newsroom of JM about difficulties in making calls between numbers adherent to the respective telecommunications company.
Downdetector, a portal that monitors problems and service failures, indicates that 246 notifications were reported by MEO users in the last hour.
The newspaper tried to contact MEO’s support service in order to understand the origin of the technical failures, without success. | https://www.madeiraislandnews.com/2022/05/meo-services-with-faults-in-madeira.html | 2022-05-02T17:31:40Z | https://www.madeiraislandnews.com/2022/05/meo-services-with-faults-in-madeira.html | true | null |
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Activate your digital account | https://www.jsonline.com/restricted/?return=https%3A%2F%2Fwww.jsonline.com%2Fstory%2Fsports%2Fnba%2Fbucks%2F2022%2F05%2F02%2Fbucks-giannis-antetokounmpo-sets-physical-tone-game-1-boston%2F9598419002%2F | 2022-05-02T17:31:56Z | https://www.jsonline.com/restricted/?return=https%3A%2F%2Fwww.jsonline.com%2Fstory%2Fsports%2Fnba%2Fbucks%2F2022%2F05%2F02%2Fbucks-giannis-antetokounmpo-sets-physical-tone-game-1-boston%2F9598419002%2F | false | null |
With oil prices still over $100 a barrel, one thing is certain. Oil companies are going to make big profits. But misconceptions abound about the connection between high oil prices and high profits.
After years of observing the reactions of both the public and our political leaders, it seems like they believe something like the following fictional narrative.
They can see ExxonMobil executives sitting around a smoke-filled boardroom, saying “Well, we have the public right where we want them. It’s time to jack up the price of gasoline and gouge them while we can. Put a bulletin out to all of our gas stations and let them know. Oh, and call Chevron and Shell and make sure they are on board.”
I know people believe this, because I have had them repeat every element of this story to me at one time or another. So they rage at the oil companies. They demand that they be held accountable. Politicians call them up to Washington and chastise them for the harm they are doing to consumers.
However, no part of that fictional story is realistic. The only thing that is true is that high oil prices translate to high profits for oil companies. But think about this. Why do oil companies ever lose money if they are in control of prices? Do you ever see Apple lose money selling iPhones? You see, Apple is an example of a company that actually has full control over its pricing. But that’s not how oil prices work.
Consider that in the past 10 years, major oil and gas companies suffered tremendous losses in 2014, 2015, and 2020. In fact, in 2020 the five integrated supermajors (i.e., “Big Oil”) – ExxonMobil, BP, Shell, Chevron, and Total – lost $76 billion. Oil prices plunged into negative territory in 2020. Were the oil companies feeling especially generous then?
Apple, on the other, hasn’t lost money once in the past decade. Are their executives being called to Congress to explain why an iPhone costs $800 when they are reaping huge profits? No, of course not.
Related: Has Oil Lost Its Upside Momentum?
If I may extend the Apple analogy a bit further, it’s just about as silly to ask why a share of Apple costs $162 or why Apple is a $2.7 trillion company as it is to wonder why oil companies are charging over $100 for a barrel of oil. Apple doesn’t control what people are willing to pay for a share of their stock. Likewise, oil prices are set on an open market by buyers and sellers.
ExxonMobil doesn’t set oil prices. They are set in the market by how much people are willing to pay, just like with Apple stock. U.S. oil companies are price takers, not price makers. Yes, speculators have an influence, just as they do with Apple stock.
Even OPEC and Russia don’t control oil prices, although they do have tremendous influence relative to ExxonMobil. If ExxonMobil decided to produce less oil to drive the price up, it just hurts ExxonMobil because OPEC and Russia can easily make that up. But if OPEC and Russia decide to produce less oil, there isn’t much the rest of the world can do to make that up.
It is true that oil companies benefit from OPEC’s and Russia’s actions to restrict production. But they are also at the mercy of those actions when they decide to flood the market with oil (i.e., 2014 and early 2020).
One of the biggest knocks on “the frackers” — that is to say the companies that use hydraulic fracturing to produce a lot of their oil and gas — is that they don’t make money. Sure, they have a good year now and then, but then they suffer tremendous losses.
Yet, in the good years they are called to Congress, blamed for high prices, and threatened with windfall profit taxes. In reality, cause and effect are backwards. High prices drove the profits, not vice versa. Likewise, when the oil companies are being blamed for inflation, cause and effect are backwards. Just as high prices drove profits, they also drove inflation. High profits are an effect, not a cause.
The final thing I would point out is that oil companies own few of the gas stations in the U.S. You may see the ExxonMobil name on a gas station, but they don’t own any gas stations in the U.S. According to the National Association of Convenience Stores (NACS), over 60% of the retail stations in the U.S. are owned by an individual or family that owns one store. They make their own decisions on pricing, based on a number of factors.
Once you understand that this reflects reality in the oil and gas industry, then the seemingly arbitrary nature of oil and gas prices — and the inconsistency of the profitability of oil companies — makes complete sense.
By Robert Rapier
More Top Reads From Oilprice.com:
- Exxon And Chevron Post Blockbuster Earnings
- Germany Drops Opposition To Russian Oil Embargo
- The Inevitable Decline Of Russia’s Oil Industry | https://oilprice.com/Energy/Oil-Prices/Is-It-Fair-To-Blame-Oil-Companies-For-High-Prices.html | 2022-05-02T17:32:45Z | https://oilprice.com/Energy/Oil-Prices/Is-It-Fair-To-Blame-Oil-Companies-For-High-Prices.html | false | 2 |
Mitsubishi UFJ Trust & Banking Corp boosted its position in FedEx Co. (NYSE:FDX – Get Rating) by 2.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 147,745 shares of the shipping service provider’s stock after purchasing an additional 3,457 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.06% of FedEx worth $38,213,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Dixon Hughes Goodman Wealth Advisors LLC purchased a new stake in shares of FedEx during the fourth quarter worth about $26,000. Level Financial Advisors Inc. acquired a new stake in shares of FedEx during the fourth quarter worth $34,000. Activest Wealth Management grew its position in shares of FedEx by 65.9% in the fourth quarter. Activest Wealth Management now owns 151 shares of the shipping service provider’s stock valued at $39,000 after purchasing an additional 60 shares during the period. JNBA Financial Advisors increased its stake in shares of FedEx by 44.8% during the 4th quarter. JNBA Financial Advisors now owns 152 shares of the shipping service provider’s stock valued at $39,000 after acquiring an additional 47 shares during the last quarter. Finally, CVA Family Office LLC purchased a new position in shares of FedEx during the 4th quarter worth about $40,000. Institutional investors own 79.92% of the company’s stock.
In other FedEx news, Director Paul S. Walsh sold 3,720 shares of the stock in a transaction on Thursday, April 14th. The stock was sold at an average price of $206.42, for a total transaction of $767,882.40. Following the completion of the transaction, the director now directly owns 14,000 shares of the company’s stock, valued at approximately $2,889,880. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 8.16% of the company’s stock.
FedEx (NYSE:FDX – Get Rating) last issued its quarterly earnings data on Thursday, March 17th. The shipping service provider reported $4.59 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $4.64 by ($0.05). FedEx had a return on equity of 20.67% and a net margin of 5.60%. The business had revenue of $23.64 billion for the quarter, compared to analyst estimates of $23.33 billion. During the same quarter in the prior year, the firm posted $3.47 earnings per share. The business’s quarterly revenue was up 9.9% on a year-over-year basis. As a group, equities research analysts forecast that FedEx Co. will post 20.56 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, April 1st. Shareholders of record on Monday, March 7th were given a dividend of $0.75 per share. The ex-dividend date of this dividend was Friday, March 4th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.51%. FedEx’s dividend payout ratio (DPR) is 15.75%.
A number of equities analysts have weighed in on FDX shares. KeyCorp cut their price target on shares of FedEx from $325.00 to $300.00 and set an “overweight” rating on the stock in a research note on Monday, March 14th. Bank of America cut their price objective on FedEx from $297.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, March 18th. Stephens dropped their price objective on shares of FedEx from $345.00 to $285.00 and set an “overweight” rating for the company in a research report on Friday, March 18th. Sanford C. Bernstein set a $333.00 target price on shares of FedEx in a report on Friday, March 11th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on FedEx from $310.00 to $298.00 and set a “buy” rating for the company in a report on Monday, March 21st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, FedEx currently has a consensus rating of “Buy” and an average target price of $299.55.
FedEx Profile (Get Rating)
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border e-commerce technology and e-commerce transportation solutions.
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Receive News & Ratings for FedEx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FedEx and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.themarketsdaily.com/2022/05/02/fedex-co-nysefdx-shares-purchased-by-mitsubishi-ufj-trust-banking-corp.html | 2022-05-02T17:33:21Z | https://www.themarketsdaily.com/2022/05/02/fedex-co-nysefdx-shares-purchased-by-mitsubishi-ufj-trust-banking-corp.html | false | 3 |
PALOS VERDES ESTATES, Calif. (AP) — Marina Alex won the Palos Verdes Championship on Sunday for her second LPGA Tour title, breaking a tie with a two-putt birdie on the par-5 16th and parring the final two holes for a one-stroke victory over Jin Young Ko.
Three strokes behind Hannah Green entering the round, Alex closed with a 5-under 66 to finish at 10-under 274 at hilly and windy Palos Verdes Golf Club.
“The hard work has paid off,” said Alex, the 31-year-old from New Jersey who recently fought a herniated disk in her lower back. “I wasn’t sure if this would ever happen again if I’m being perfectly honest. It’s been tough. We’re all getting older. I’m getting older. There are so many amazing players out here. The competition is really, really difficult.
“So, I just didn’t know if my mind and body were going to put me back in a position that I was going to be able to do it again. Today was the day.”
The top-ranked Ko also shot a 66. She finished about an hour before Alex in the first-year event that wrapped up the LPGA Tour’s two-week, Los Angeles-area stay and five-tournament West Coast swing.
“My swing was really better than first three days,” Ko said. “I got something — I found something, so hit really well today.”
Alex bogeyed the par-4 third, then birdied the par-4 fifth, par-5 seventh and par-4 eighth. She added birdies on the par-3 11th and par-12th and two-putted from 40 feet on 16 to take the outright lead.
“Today was amazing,” Alex said. “I’m kind of not really there with processing what went down today, but it’s been a really tough couple years. I mean, since the COVID — that slowed all of us down.
“And then I was injured really quick after that. Had seven months off, and it’s just been a really tough rebuilding back. Coming into this year I finally have felt good physically, like really good.”
Alex also won the 2018 Portland Classic. She tied for 10th last week at Whilshire Country Club in the LA Open.
“My goals for the year were just to like get through the year, silly as that sounds,” Alex said. “No, I really did feel like this year was going to be different than years past. I struggled last year just getting back in things competitively and also physically.”
Third-ranked Lydia Ko (70) and Megan Khang (68) tied for third at 8 under. Green shot her second straight 72 to drop into a tie for fifth at 7 under with Ryann O’Toole (68), Andrea Lee (69) and Annie Park (69).
Anna Davis, the Augusta National Women’s Amateur winner, closed with a 76 to finish 70th in her first LPGA Tour start. The 16-year-old is from Spring Valley east of San Diego. She received a sponsor exemption.
“It’s been a really fun experience, I would say,” Davis said. “Overall, it’s been really fun. Super good experience, and it’s something I look forward to doing in my future. So, glad that I got to see a little sneak peek this week.” | https://www.kark.com/news/marina-alex-wins-lpga-tours-palos-verdes-championship/ | 2022-05-02T17:33:53Z | https://www.kark.com/news/marina-alex-wins-lpga-tours-palos-verdes-championship/ | false | 36 |
HCR Wealth Advisors increased its position in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 6.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,459 shares of the software giant’s stock after acquiring an additional 3,067 shares during the quarter. Microsoft comprises 2.6% of HCR Wealth Advisors’ holdings, making the stock its 5th biggest position. HCR Wealth Advisors’ holdings in Microsoft were worth $16,970,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. OLD Mission Capital LLC acquired a new position in Microsoft during the 3rd quarter valued at approximately $1,254,000. Ironwood Wealth Management LLC. increased its stake in Microsoft by 0.4% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 11,696 shares of the software giant’s stock valued at $3,169,000 after purchasing an additional 42 shares in the last quarter. Morgan Stanley increased its stake in Microsoft by 4.3% during the 2nd quarter. Morgan Stanley now owns 68,123,020 shares of the software giant’s stock valued at $18,454,527,000 after purchasing an additional 2,783,534 shares in the last quarter. Ironwood Financial llc increased its stake in Microsoft by 9.5% during the 3rd quarter. Ironwood Financial llc now owns 12,807 shares of the software giant’s stock valued at $3,611,000 after purchasing an additional 1,111 shares in the last quarter. Finally, Burleson & Company LLC increased its stake in Microsoft by 1.1% during the 3rd quarter. Burleson & Company LLC now owns 98,477 shares of the software giant’s stock valued at $27,763,000 after purchasing an additional 1,046 shares in the last quarter. Hedge funds and other institutional investors own 69.41% of the company’s stock.
A number of research analysts have issued reports on the stock. Mizuho cut their price target on shares of Microsoft from $360.00 to $350.00 in a research note on Tuesday, January 18th. Wedbush cut their price objective on shares of Microsoft from $375.00 to $340.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 27th. Zacks Investment Research upgraded shares of Microsoft from a “sell” rating to a “hold” rating and set a $329.00 price objective on the stock in a research note on Thursday, April 21st. Oppenheimer increased their price objective on shares of Microsoft from $330.00 to $340.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 26th. Finally, Jefferies Financial Group set a $400.00 price objective on shares of Microsoft in a research note on Monday, January 24th. Two research analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $356.65.
Microsoft (NASDAQ:MSFT – Get Rating) last posted its quarterly earnings data on Tuesday, April 26th. The software giant reported $2.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.19 by $0.03. The business had revenue of $49.36 billion for the quarter, compared to the consensus estimate of $49.05 billion. Microsoft had a net margin of 37.63% and a return on equity of 44.85%. The company’s revenue was up 18.4% compared to the same quarter last year. During the same period last year, the firm posted $1.95 earnings per share. On average, research analysts forecast that Microsoft Co. will post 9.32 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 9th. Stockholders of record on Thursday, May 19th will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Wednesday, May 18th. Microsoft’s dividend payout ratio (DPR) is 25.89%.
In other news, insider Bradford L. Smith sold 27,860 shares of the stock in a transaction dated Tuesday, February 8th. The shares were sold at an average price of $304.64, for a total value of $8,487,270.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.05% of the stock is owned by corporate insiders.
Microsoft Profile (Get Rating)
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.
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Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFT – Get Rating).
Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.americanbankingnews.com/2022/05/02/hcr-wealth-advisors-has-16-97-million-stock-holdings-in-microsoft-co-nasdaqmsft.html | 2022-05-02T17:34:59Z | https://www.americanbankingnews.com/2022/05/02/hcr-wealth-advisors-has-16-97-million-stock-holdings-in-microsoft-co-nasdaqmsft.html | true | 7 |
A U.S. diplomat said Monday the United States could reopen its embassy in Kyiv, Ukraine, soon.
Chargé d’affaires Kristina Kvien said during a press conference in Kyiv that the U.S. will still wait for a determination by security professionals before any reopening.
“When they tell us we can go back, we will go back,” she said.
Kvien said U.S. diplomats would begin making day trips to the Ukraine capital over the next couple of weeks.
“We are thrilled to be back and will continue our efforts to do everything possible here on the ground to help Ukraine win this war.”
“I would say the message to Russia is, ‘You failed.’ Ukraine is still standing,” Kvien added.
The U.S. Embassy was shuttered almost two weeks before Russia invaded Ukraine on February 24.
On Sunday, U.S. Secretary of State Antony Blinken said some U.S. diplomats would start making visits to Lviv in the western part of the country.
The news of a resumption of U.S. diplomatic activities in Ukraine comes in the wake of several high-profile trips to the country by U.S officials, including Speaker of the House Nancy Pelosi.
Some information in this report comes from The Associated Press.
… | https://gazeta.pravdaua.com/2022/05/02/us-diplomats-resume-some-activities-in-ukraine.html | 2022-05-02T17:39:12Z | https://gazeta.pravdaua.com/2022/05/02/us-diplomats-resume-some-activities-in-ukraine.html | true | 3 |
MEMPHIS, Tenn. (AP) — Klay Thompson hit a go-ahead 3-pointer with 36 seconds left, and the Golden State Warriors overcame Draymond Green’s first-half ejection to edge the Memphis Grizzlies 117-116 on Sunday in Game 1 of the Western Conference semifinals.
Jordan Poole led the Warriors with 31 points off the bench, hitting 5 of 10 3-pointers. Stephen Curry added 24 points, Andrew Wiggins had 17 and Thompson finished with 15.
Green was ejected for a flagrant foul just before halftime.
Thompson missed both free throws with 6.7 seconds left, then Memphis won a jump ball before taking a timeout with 3.6 seconds remaining to set up the final play. The Grizzlies ran a play similar to Ja Morant’s last-second layup to win Game 5 in the first round, but Morant’s layup went over the rim.
Morant finished with 34 points and 10 assists, and Jaren Jackson Jr. matched his season high with six 3-pointers and had a career-high 33 points as Memphis’ first pair of teammates to score at least 30 in a playoff game. D’Anthony Melton added 14, and Brandon Clarke had 12.
The Grizzlies finished their first-round series by coming back from double-digit deficits in their final three wins — the first team in NBA history to do that more than once in a postseason, let alone a series. They came in leading the NBA in the fourth with an average of 33 points and outscoring opponents by 10.3 points a game.
This time, they could only match the Warriors point for point in the period.
Memphis edged the Warriors out for the No. 2 seed in the West by tying the franchise record with 56 wins, and the Grizzlies also took three of four in their season series. Thompson only played one and Green two of those games and Curry three.
This was a rematch with role reversals from the 2015 semifinal the Warriors won as the younger team with Memphis led by experienced vets. This also was just the first time the Warriors started a conference semifinal on the road and third playoff series Golden State didn’t start at home with Steve Kerr as coach.
The Warriors mixed up their lineup, benching Poole in favor of Gary Payton II to focus on defending Morant, the Grizzlies’ All-Star point guard and the NBA’s Most Improved Player this season.
Morant opened the game with back-to-back 3s, half of what he made the entire first round against Minnesota, and he had 14 to help the Grizzlies lead 32-24 after the first quarter. It marked the first time Memphis held an opponent to fewer than 30 points this postseason.
The Grizzlies led by as much as 13 in the second quarter and were up 61-55 at halftime.
With 1:18 left in the second, Green fouled Brandon Clarke. Officials reviewed the play for several minutes with fans chanting “Throw him out!” Green finished with six points, four rebounds and five turnovers.
Curry was held to eight points in the first half, none in the second and picked up his third foul seconds after Green’s ejection.
Curry was held to eight points in the first half, none in the second. But he scored 13 and Poole had 10 in the third as the Warriors outscored Memphis 36-29 and led 91-90 after the third. Golden State was 14 of 21 shooting in the third, including 5 of 7 outside the arc.
TIP-INS
Warriors: Curry passed Dennis Johnson for 23rd for most playoff points with 3,123. Next up is Paul Pierce with 3,180. … Kevon Looney and Poole started the second half in place of Green and Payton, who started but was limited to eight minutes by three early fouls. … The Warriors also started on the road against Houston in 2018 and Toronto in 2019. … They won a road game in a series extending their NBA record to a 25th consecutive series.
Grizzlies: Steven Adams, who led the NBA in offensive rebounds per game during the regular season, missed a second straight game in the health and safety protocols. Ziaire Williams missed his second game with a sore right knee.
___
More AP NBA: https://apnews.com/hub/nba and https://twitter.com/AP_Sports | https://www.wnct.com/sports/warriors-rally-after-green-ejected-beat-grizzlies-in-game-1/ | 2022-05-02T17:40:08Z | https://www.wnct.com/sports/warriors-rally-after-green-ejected-beat-grizzlies-in-game-1/ | true | 20 |
The diversity of Internet Protocol Video Surveillance Cameras industry trends are huge: Recovery-based reports, Quantitative analysis and players, statistics and technical analysis, Growth status, Revenue expectation, type, applications/end-user and geographical regions.
If you are searching for, “How much is the Internet Protocol Video Surveillance Cameras industry worth?”
Then you came to the right place, Here the report of [No. of Pages:200+] Internet Protocol Video Surveillance Cameras Market shares and statistics challenges prepared by market.us. Which is helps you to understand whole aspects of Internet Protocol Video Surveillance Cameras industry such as trends, notable developments, revenue, swot analysis, business share, forecast (2022-2031) and geographical outlook [North America, Asia-Pacific Region, Europe, Middle East and Africa region with an extensive growth rate in Internet Protocol Video Surveillance Cameras]. Historical figures are also provided. Major companies with their market volumes and revenues are covered for each of the regions.
It profiles and examines leading companies and other prominent ones operating in the market. A few top players in the industry are D-Link, Mobotix, Axis Communication, Sony and Panssonic.
Compare Top Internet Protocol Video Surveillance Cameras Leaders: https://market.us/report/internet-protocol-video-surveillance-cameras-market/request-sample
The report gives a precise view of the future perspective and present market demands. The report also includes facts and statistics, tables & figures referred to in this report for strategic planning which leads to the success of the organizations. In this market report, the market share that various manufacturers hold in the global Internet Protocol Video Surveillance Cameras market and the market concentration is described in the report.
Figure:
Report Coverage and Deliverables: 2022 Latest PDF Report will help you understand:
– Competitive scenario
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– Company challenges and total revenue
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Segments Covered in the Report
Major Product Types covered are:
Standard definition
High definition
Major Applications covered are:
Banking
Government
Transportation
Rerail
Others
** Based on the regional and country-level analysis, the Internet Protocol Video Surveillance Cameras market has been segmented as follows:**
– North America (United States, Canada and Mexico)
– Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
– Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
– South America (Brazil, Argentina, Colombia, and Rest of South America)
– Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Bars and beer aisles have long been the battleground for Anheuser-Busch InBev and rival Molson Coors—but they may one day be rumbling in coffee shops and dairy coolers.
Molson Coors’ recent introduction of Golden Wing, a non-alcoholic, plant-based barley milk, joins AB InBev’s Take Two brand as pioneers of a nascent sub-category in the fast-growing alternative milk field, with each product utilizing byproducts of their main business—the barley used in brewing—to diversify their portfolios and hedge a slow-growing beer business. | https://www.chicagobusiness.com/retail/molson-coors-ab-inbev-getting-milk-business | 2022-05-02T17:42:16Z | https://www.chicagobusiness.com/retail/molson-coors-ab-inbev-getting-milk-business | false | null |
Given the ongoing cost of living crisis, financial uncertainty is at a high for many, and Brits are now more than ever looking at how they can make informed decisions with their money and
ensure they’ve enough cash saved for emergencies, such as sudden job loss.
To find out how much an emergency fund should be across the UK, money.co.uk calculated the average costs of: six months of rent, monthly expenditure, childcare and council tax to determine an emergency savings fund amount for each UK region.
These are the recommended saving amounts in the UK - the first figure for each region refers to the six-month emergency savings fund (with childcare); the second figure refers to the average actual savings regionally and the third figure refers to the additional savings needed (with childcare).
Money.co.uk found that people living in London will need to put aside the most money for an emergency fund.
A reliable emergency savings fund would total £28,430 without childcare, or £32,509 with childcare.
Research found that on average, a person living in London has £28,978 already saved, enough to support a family without childcare for six months, although a family requiring child care would need to save an extra £3,530.
The South East follows in second place, where recommended savings are £25,675 without childcare, or £29,000 with.
On average, people in the South East have approximately £9,886 already saved, meaning that a family requiring child care would need to save around an additional £19,114 to pay for six months of living.
The East of England requires the third highest emergency savings fund.
The recommended savings here are £22,600 without childcare, or £25,737 with.
People living in the East of England have, on average, around £8,032 already saved, so a family requiring child care would need to save approximately £17,703 more.
Data was commissioned by www.money.co.uk/savings-accounts.htm site.
Of the following regions, the first cost for each region shows the region's six-month emergency savings fund in £; the second the actual average savings in £ and ther third figure shows the additional savings needed by people in each of the regions in £.
London - £32,509.21; £28,978.40; £3,530.81
South East - £29,000.08; £9,885.55; £19,114.53
East of England - £25,736.73; £8,032.85; £17,703.88
South West - £25,401.80; £7,140.18; £18,261.62
East Midlands - £22,666.77; £6,438.48; £16,228.29
North West - £22,327.59; £9,156.79; £13,170.80
West Midlands - £21,956.88; £13,318.35; £8,638.53
Yorks & Humberside - £21,567.45; £8,406.60; £13,160.85
Scotland - £20,295.04; £7,297.19; £12,997.85
Wales - £20,139.64; £9,648.91; £10,490.73
North East - £20,052.12; £10,022.58; £10,029.54
Northern Ireland - £19,392.96; £6,710; £12,682.96 | https://www.portsmouth.co.uk/lifestyle/money/cost-of-living-crisis-savings-help-cope-with-emergencies-3671257 | 2022-05-02T17:52:43Z | https://www.portsmouth.co.uk/lifestyle/money/cost-of-living-crisis-savings-help-cope-with-emergencies-3671257 | false | 12 |
The European Commission has shared the preliminary findings of an antitrust case focused on Apple Pay on iOS devices. According to antitrust investigators, Apple abused its dominant position as competitors can’t provide NFC-enabled contactless payments on the iPhone to develop other mobile wallets and compete fairly with Apple Pay.
The Commission says NFC is a standard technology for contactless payments and should be opened to anyone. While third-party developers can take advantage of APIs to read and write NFC tags, they can’t use the NFC antenna in their apps to build Apple Pay competitors.
“Mobile payments play a rapidly growing role in our digital economy. It is important for the integration of European Payments markets that consumers benefit from a competitive and innovative payments landscape,” Executive Vice President of the European Commission Margrethe Vestager said in a statement.
“We have indications that Apple restricted third-party access to key technology necessary to develop rival mobile wallet solutions on Apple's devices. In our Statement of Objections, we preliminarily found that Apple may have restricted competition, to the benefit of its own solution Apple Pay. If confirmed, such a conduct would be illegal under our competition rules,” she added.
According to Brussels regulators, the main issue is that NFC is available in almost all payments terminals but only Apple Pay can wirelessly communicate with payment terminals via NFC. It’s a standardized, safe and seamless way to pay, which could explain why Apple Pay gained market shares.
Today’s statement of objections is the result of an investigation that was formally opened in June 2020. At the time, the Commission announced it would look at Apple Pay as a whole. Apple Pay can also be used to pay online and in app. But the Commission now says the only issue is the restriction on NFC payments.
"Apple Pay is only one of many options available to European consumers for making payments, and has ensured equal access to NFC while setting industry-leading standards for privacy and security," Apple told Reuters in a statement.
And this is true. Other companies, such as PayPal and Starbucks, have relied on QR codes for mobile payments on the iPhone. Usually, people show a QR code on their phone and store employees scan that code.
Some mobile wallets, such as WeChat Pay and AliPay, have even thrived with the use of QR codes. But it’s been an uphill battle as paying with Apple Pay remains more seamless for the end customers.
Earlier this year, Apple even announced that it plans to introduce a new tap-to-pay feature. It would turn any iPhone into a contactless payment terminal. Sure, it would support Android phones and Google Pay. But iPhone users would only be able to pay with Apple Pay.
Following the statement of objections, Apple now has the opportunity to respond to the charges. The company can send written answers or ask for an oral hearing. Apple risks a hefty fine if the Commission comes to the conclusion that Apple has breached antitrust rules. | https://techcrunch.com/2022/05/02/apple-faces-charges-over-apple-pay-following-eu-antitrust-complaint/ | 2022-05-02T17:52:46Z | https://techcrunch.com/2022/05/02/apple-faces-charges-over-apple-pay-following-eu-antitrust-complaint/ | false | 3 |
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PNC FINANCIAL SERVICES GROUP, INC. Changes to Beneficial Ownership: Cheshire Marjorie Rodgers (Director) (Form4)
Accepted:
Form Type:
4
Accession Number:
0001209191-22-026212 | https://www.benzinga.com/secfilings/22/04/26911717/pnc-financial-services-group-inc-changes-to-beneficial-ownership-cheshire-marjorie-rodgers-director | 2022-05-02T17:53:32Z | https://www.benzinga.com/secfilings/22/04/26911717/pnc-financial-services-group-inc-changes-to-beneficial-ownership-cheshire-marjorie-rodgers-director | true | 254241 |
When you buy a domain name at Dan.com, you’re automatically covered by our unique Buyer Protection Program. Read more about how we keep you safe on our Trust and Security page.
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Here’s how it works | https://dan.com/buy-domain/fotor.app | 2022-05-02T17:54:03Z | https://dan.com/buy-domain/fotor.app | false | 11201 |
This image was drawn by a child at a previous Hope Fest in Jefferson which highlighted the issue of mental health; the two-sided paper “Candle of Hope” lantern read “Fight Mental Illness” on the other side.
The Cambridge-Deerfield United Varsity Girls Soccer Team will host a Mental Health Awareness game Friday, May 6, starting at 6:45pm at Cambridge High School.
With this special observance, the team aims to shine light on the importance of mental health because "it’s okay, to not be okay."
The team will give out stickers for the first 50 fans to arrive, along with cookies, and green glow sticks containing positive messages.
The Zero Suicide Coalition of Jefferson County will have a table set up at the game to provide important mental health resources.
In addition, a moment of silence will be observed before the game officially starts.
Organizers encourage students and spectators from Deerfield and Cambridge to wear the color green to school and to the game on this day.
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accounts, the history behind an article. | https://www.dailyunion.com/news/cambridge-deerfield-team-to-shine-a-light-on-mental-health/article_c08bea4e-ca3a-11ec-8ecd-cbc2ed6dacae.html | 2022-05-02T17:58:35Z | https://www.dailyunion.com/news/cambridge-deerfield-team-to-shine-a-light-on-mental-health/article_c08bea4e-ca3a-11ec-8ecd-cbc2ed6dacae.html | true | 2 |
Fragrances
They actually do has their particular unique fragrances, but often they’re really weak and also you don’t actually smelling them unless you’re right-up next to the cage. NOTICE : in the event your gliders smelling terrible there could be an issue with their diet plan. Should you overfeed all of them nutritional vitamins, for example, their urine will build up a tremendously strong smell and also daily scrubbing of the cage as well as extras wont ensure that it it is under control. Try eliminating all nutritional vitamins completely; scent should go away completely within a few days. Adding the supplement right back slowly until you decide how much you can easily give without making them smell bad.
Male sugar gliders need a fragrance gland in the top their head, which in turn causes the conventional bald place in the center of the large a portion of the black stripe truth be told there. Another gland is found in the center of their particular chest. A 3rd gland, an anal one, are discussed by women and men alike. The females likewise have a scent gland in their pouch. The male’s forehead and upper body glands are widely-used in marking their area along with his mates along with his scent. Gliders produce at the least three unique smells. A person is a sweet, flowery scent; another I’m not sure tips describe, but it is in no way offensive. It would possibly see reasonably powerful at times, when they’re breeding, but after a couple of days they dies away again. The third is a pungent odor that will be produced by the rectal gland whenever a glider is nervous.
Gliders use urine to mark their area, which means you will have to wash their own cages and furnitures periodically. Otherwise though, they have been extremely thoroughly clean small animals. Start to see the homes point for more on the topic of cages.
Emergency Details
If the glucose glider was displaying any of the after, arrive at a veterinarian practiced in treating glucose gliders overnight — in case you are not sure, make the glider to an inspect. Listlessness, head hanging, ears down, serious moving, weakness, not sipping, not eating, dropping more, diarrhoea, seizures, vomiting, sores, bleeding, alopecia, excessive sneezing. NOTE : It is very important which you take your glucose glider to a veterinarian practiced in treating sugar gliders. By way of example dating for brony adults, an IV should just be put subcutaneously. This is done by inserting the iv needle just under our skin usually from the straight back nearby the neck. Don’t allow a crisis vet to try insertion of an IV directly into a sugar glider’s vein.
Exercises
Yes, you can easily train the Sugar Glider in a couple ways, to some extent. Firstly, determine whether you prefer an animal that continues to be for you constantly or, one which will easily roam your house. Once you’ve generated this decision, you can start classes. If you need an individual Glider, you ought to help them learn to stay in your people. While you carry them around they may jump-off. Lightly pick them up and place all of them back once again for you or even in a pocket until they settle down. It really is okay to allow all of them rise from individual to individual although not on the floor where they are able to escape from you. If you want one as a home pet, come from one tiny place and allow him check out. Make an effort to entice him back once again with treats after which leave your always browse the room. Once you have perfected the little place and feel at ease phoning your straight back, move on to a more substantial area. In a short time your pet is going to run off and check out, go blinds, jump on you, after which lose again to relax and play! I do perhaps not advise in any way these particular pets requires comprehensive freedom within your house. They actually do have to be SUPERVISED AT ALL TIMES when out of their cage. | http://www.hurfikirler.com/you-will-recognize-that-gliders-do-not-offend-the/ | 2022-05-02T17:58:59Z | http://www.hurfikirler.com/you-will-recognize-that-gliders-do-not-offend-the/ | false | 1 |
When you buy a domain name at Dan.com, you’re automatically covered by our unique Buyer Protection Program. Read more about how we keep you safe on our Trust and Security page.
Next to our secure domain ownership transfer process, we strictly monitor all transactions. If anything looks weird, we take immediate action. And if the seller doesn't deliver on their part of the deal, we refund you within 24 hours.
98% of all domain ownership transfers are completed within 24 hours. The seller first delivers the domain to us, then we send you your tailored transfer instructions. Need help? Our domain ownership transfer specialists will assist you at no additional cost.
Pay by bank wire and get a 1% discount or use one of the most popular payment options available through our payment processor, Adyen. Adyen is the payment platform of choice for many leading tech companies like Uber & eBay.
No matter what kind of domain you want to buy, we make the transfer simple and safe.
Here’s how it works | https://dan.com/buy-domain/gearonpk.com | 2022-05-02T18:02:22Z | https://dan.com/buy-domain/gearonpk.com | false | 11201 |
Ice lost, island found?
The eastern coast of Antarctica has lost most of the Glenzer and Conger ice shelves. In the process, it gained what is likely an island. If confirmed, the unnamed island would be one in a series of islands exposed in recent years as portions of the floating glacial ice hugging the continent's coast have disintegrated.
The candidate island is visible in this triptych of images acquired by Landsat satellites between 1989 and 2022. The images are a combination of shortwave infrared and visible light, and were adjusted for consistency in brightness and color. Notice how the island has maintained the same shape, even after shelf ice detached from it, and as sea ice around it waxed and waned. That round white mound has not budged, even after large icebergs likely smashed into it following the rapid collapse of the Glenzer and Conger ice shelves this year.
The feature also appears taller than its surroundings. The elevation profile below indicates that at least part of the mass stands 30 to 35 meters (100 to 115 feet) above the surface of the sea. The data were acquired on December 22, 2021, with the Advanced Topographic Laser Altimeter System (ATLAS) on NASA's Ice, Cloud, and land Elevation Satellite 2 (ICESat-2).
But just because a feature acts like an island and looks like an island, does not mean it is an island—at least not in the traditional sense. Scientists are still unsure if there is any solid earth breaching the sea surface below all of the snow and ice.
John Gibson, a scientist with the Australian Antarctic Division, thinks the feature is likely an ice island: a large, heavy cap of ice sitting solidly on an underwater peak. "It is undoubtedly similar to other ice islands, such as Bowman Island," Gibson said.
Gibson called the ice island "self-perpetuating," meaning that snow and ice accumulating on the island's surface balances out the amount of melting that occurs underwater. If that balance becomes disrupted by a decrease in snowfall, then the ice island could thin and float away. "The unnamed island is a more-or-less permanent feature of the landscape," Gibson said, "but may someday detach from the underlying rock and become an iceberg."
Without anyone having been there to observe the island, questions remain about its structure. "To be absolutely sure, you would need to put a ship next to it to check for a bedrock outcrop, and maybe a radar over it to assess the ice thickness," said Christopher Shuman, a University of Maryland, Baltimore County, glaciologist based at NASA's Goddard Space Flight Center. "The ICESat-2 profile shows that the surface is well above sea level. That would be a whole lot of 'ice cream' above the 'cone' if there wasn't bedrock at or above sea level."
Traditional or ice, the island is the latest in a bunch of similar features that are no longer embedded in Antarctica's floating glacial ice. In 2019, the U.S. Board on Geographic Names recognized Icebreaker Island, which in 1996 became isolated from the Larsen B Ice Shelf along the Antarctic Peninsula. And in 2020, researchers on a ship-based expedition discovered a small, rocky island capped with ice that may have been part of Pine Island Glacier's ice shelf.
"The discovery of more of them is likely to continue in the years ahead due to shrinking glacial and sea ice," Shuman said. "Obviously these are 'new to us' features, but we also have more people and more tools to look at the margins of Antarctica now. Several examples do not make a trend, but they do imply that other once-hidden features are likely to be noticed in the years to come."
Explore further | https://phys.org/news/2022-05-ice-lost-island.html | 2022-05-02T18:03:34Z | https://phys.org/news/2022-05-ice-lost-island.html | true | 3 |
Texas AG sues Biden administration over proposal that would revamp the asylum process
The lawsuit is the 11th Ken Paxton has filed over Biden’s proposed immigration or border policies. But the White House’s plans have also raised concerns from legal and immigrant rights groups. As the state of Texas mounts yet another legal challenge to the Biden administration’s border policies,...
www.hppr.org | https://www.newsbreak.com/news/2587793688045/texas-ag-sues-biden-administration-over-proposal-that-would-revamp-the-asylum-process | 2022-05-02T18:04:02Z | https://www.newsbreak.com/news/2587793688045/texas-ag-sues-biden-administration-over-proposal-that-would-revamp-the-asylum-process | false | null |
Owasso Public Schools has named Justin Morsey as the first-ever head girls wrestling coach at Owasso High School, Executive Director of Athletics Zach Duffield announced on Monday.
“Participation in girls wrestling continues to grow throughout the state and the addition of this program will be a great benefit to our student-athletes,” Duffield said. “Coach Morsey brings a wealth of knowledge and experience to the mat and is a leader in every sense of the word.
“He is a leader of students in the classroom, a leader of student-athletes and a leader in the Owasso community. Those qualities and his passion for students make him the ideal choice to lead this new program.”
Morsey has served as an assistant coach for the OHS boys wrestling team since 2017. During that time, he has helped produce the program’s first state champion in 35 years (JD Johnson in 2018) and a Dual State appearance in 2019. Additionally, he has helped the Rams to top-5 finishes at the state tournament in 2018 and 2022.
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Prior to his time in Owasso, Morsey was an assistant boys wrestling coach at Union High School from 2011-2017. Morsey helped guide Union to four consecutive Dual State appearances (2012-2017), including a state championship in 2012. During that championship season, Union also produced an individual state runner-up.
Along with his coaching on the wrestling mat, Morsey has spent the last five years as co-offensive coordinator and offensive line coach for the Rams football team and will continue to do so. He also coached the offensive linemen at Union for six years.
“I am honored to have such a unique opportunity and lead a new program here,” Morsey said. “The reason I wanted this job is because I care about our students and want them to have a great experience. I have seen how hard these student-athletes work and they deserve their own program. My family and I are extremely excited to be a part of the first girls wrestling team in Owasso."
Morsey earned a Bachelor of Arts in 2009 and a Master’s of Education in 2011, both from The University of Tulsa. He currently teaches history at Owasso High School. Coach Morsey and his wife Hilary have a daughter, Landyn. | https://tulsaworld.com/community/owasso/sports/owasso-names-justin-morsey-as-school-s-first-ever-head-girls-wrestling-coach/article_8e5f8cd6-ca3c-11ec-9058-4f693db23c1b.html | 2022-05-02T18:04:35Z | https://tulsaworld.com/community/owasso/sports/owasso-names-justin-morsey-as-school-s-first-ever-head-girls-wrestling-coach/article_8e5f8cd6-ca3c-11ec-9058-4f693db23c1b.html | true | 1 |
How to get CSD report in 2022? Read a step-by-step guide
Are you registered in the Central Supplier Database as a supplier but you need information on how to get CSD report? Or maybe you also want to join the list of suppliers, but you do not know how to go about that? Here is information that will benefit you. This article contains everything you need to know about the database, the registration process and also how you can generate your report.
What is the purpose of CSD? As you probably would have known, for any institution or persons who wish to have a link with the government of South Africa in terms of being a supplier, registering with CSD is inevitable. This is because the database increases a supplier's chance of getting contracted to supply an organ of the government goods and services as may be required at any time. This one of the reasons why having updated information on the database as a supplier is essential.
What is a CSD report?
The Central Supplier Database (CSD) has a collection of the information of all institutions, organisations and individuals who are eligible to supply various goods and services that the government may demand for at any time. This is one main reason why suppliers are always encouraged to get registered on the database to ensure easy access to their information in case there is a need to contact any of them.
After a supplier has registered, generating a CSD report for each of them becomes easy. A CSD report is essential because it contains detailed information about individual supplier which include but not limited to their contact names, cell-phone numbers, email addresses and website addresses (if applicable). The contact addresses including provinces, cities, municipalities and postal codes; tax information; bank account details; commodities that a supplier can provide are some of the information which are usually contained in the report.
However, the moment a supplier submits his or her information to the Central Supplier Database website, those details are usually assessed before they can be included in the CSD. Institutions like the Department of Home Affairs, Companies and Intellectual Property Commission and South African Revenue Service will have to verify the information. The essence of this is to make sure that each CSD report is accurate, verified and complete, and not misleading or false.
How do I register with CSD?
Before you would be able to transact with the government or even get a report that will enhance your business as a supplier, the first thing that you have to do is to ensure that you are duly registered with CSD and that your unique registration number is available to you. To be able to achieve this, the processes discussed below will help you.
Step 1: Create a CSD user account
What you will be expected to do is to input your basic information and once you are done, an account activation link would be sent to your email address; click and activate your account once you receive it. After that, click on the "Request OTP" so as to receive a code on your mobile phone through an SMS. After you have received it, enter it in the available space.
Step 2: Complete supplier details
Once you have created your user account, the next thing you would be required to do is to log in to the official website of the CSD to complete your registration. To do that, simply follow these steps:
- Click on the "Supplier Details" button.
- Next, click the "Add Supplier" button and from there, you can complete the identification tab.
- Complete every information that is required of you.
- Review all that you have done so far by clicking on the "Overview" tab.
- Once you are sure that everything is correct, click on the "Submit" button, and you would be good to go.
If everything is well done, how you would know that your registration is successful is that you would be assigned a Supplier number as well as Registration Reference Number. What is unique registration number? It is 36 unique digits that is assigned to every supplier who is duly registered with the CSD.
How to obtain a CSD registration report
Once you have your unique registration number, to get your CSD report, the following are the steps that you need to take:
- Once you are logged on to the official CSD online page, the next thing to do is to click on the "Report" button.
- Afterwards, you would be asked to register, and in the process, your Supplier number, as well as your Unique Registration Reference Number, would be needed to complete the process.
- Next is to click on the "View Report" button and as soon as all of the information that you entered is verified, the report would be automatically generated for you.
From what has been discussed so far, the process involved in how to get CSD report is not stressful. Once you are duly registered, and you have your supplier and unique registration numbers generated for you, anytime you want to get your report, all you would need to do is key in the numbers in the appropriate page online, and your CSD report would be displayed to you.
DISCLAIMER: This article is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Any action you take upon the information presented in this article is strictly at your own risk and responsibility!
Source: Briefly News | https://briefly.co.za/28396-how-csd-report.html | 2022-05-02T18:04:37Z | https://briefly.co.za/28396-how-csd-report.html | false | 1 |
Equinor (EQNR) to Post Q1 Earnings: What's in the Offing?
Equinor ASA EQNR is set to report first-quarter 2022 results on May 4.
In the last reported quarter, the integrated energy company reported earnings of $1.36 per share, beating the Zacks Consensus Estimate of $1.22 per share on higher commodity prices and increased contributions from the Martin Linge oil field.
In the trailing four quarters, Equinor beat the Zacks Consensus Estimate for the bottom line, delivering an earnings surprise of 22.1%, on average. This is depicted in the graph below:
Equinor ASA Price and EPS Surprise
Equinor ASA price-eps-surprise | Equinor ASA Quote
Let’s see how things have shaped up prior to the announcement.
Estimate Trend
The Zacks Consensus Estimate for the company’s first-quarter earnings per share of $1.57 has witnessed one upward and no downward movement in the past 30 days. The consensus estimate suggests a year-over-year increase of 91.5%.
Factors to Consider
In the March quarter, prices of crude oil and natural increased significantly as compared to the prior-year quarter. Healthier commodity prices are likely to have aided Equinor since the company conducts exploration activities worldwide.
Earnings Whispers
Our proven model does not indicate an earnings beat for Equinor this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. As you can see, that is not the case here.
Earnings ESP: Equinor has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Equinor currently sports a Zacks Rank #1.
Stocks That Warrant a Look
Here are some companies from the Energy space that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat in the upcoming quarterly reports:
W&T Offshore, Inc. WTI has an Earnings ESP of +10.00% and is a Zacks #3 Ranked player at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
W&T Offshore is scheduled to release first-quarter results on May 3. The Zacks Consensus Estimate for W&T Offshore’s quarterly earnings is pegged at 20 cents per share, suggesting an increase of 81.8% from the prior-year reported figure.
EOG Resources (EOG ) has an Earnings ESP of +0.89% and is a Zacks #1 Ranked player at present.
EOG Resources is scheduled to release first-quarter results on May 5. The Zacks Consensus Estimate for EOG’s quarterly earnings is pegged at $3.69 per share, suggesting an increase of 127.8% from the prior-year figure.
Murphy USA Inc. MUSA has an Earnings ESP of +18.49% and flaunts a Zacks Rank #2.
Murphy USA is scheduled to release first-quarter earnings on May 3. The Zacks Consensus Estimate for MUSA’s earnings is pegged at $2.65 per share, suggesting an increase of 31.8% from the prior-year reported figure.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Just Released: Zacks' 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +25.4% per year.
These 7 were selected because of their superior potential for immediate breakout.
See these time-sensitive tickers now >>Click to get this free report
EOG Resources, Inc. (EOG): Free Stock Analysis Report
W&T Offshore, Inc. (WTI): Free Stock Analysis Report
Murphy USA Inc. (MUSA): Free Stock Analysis Report
Equinor ASA (EQNR): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | https://www.nasdaq.com/articles/equinor-eqnr-to-post-q1-earnings%3A-whats-in-the-offing | 2022-05-02T18:06:54Z | https://www.nasdaq.com/articles/equinor-eqnr-to-post-q1-earnings%3A-whats-in-the-offing | true | 3 |
NFL flexes entertainment muscle at draft with wild, eventful first round
INGLEWOOD, Calif. — The NFL showed off Thursday night. From the New York Giants hosting an event at MetLife Stadium to Snoop Dogg performing at the Los Angeles Chargers’ pre-draft party at SoFi Stadium, the NFL once again headlined a night filled with plenty of other sports viewing...
www.mtshastanews.com | https://www.newsbreak.com/news/2587799242208/nfl-flexes-entertainment-muscle-at-draft-with-wild-eventful-first-round | 2022-05-02T18:09:30Z | https://www.newsbreak.com/news/2587799242208/nfl-flexes-entertainment-muscle-at-draft-with-wild-eventful-first-round | true | null |
DUBUQUE, Iowa (AP) — Vera Rasnake laughed as she led a trio of barking, jostling dogs into the Iowa Greyhound Park, but her smile faded when she acknowledged that after 41 years of being around the sleek animals, her sport was teetering on extinction.
After the end of a truncated season in Dubuque in May, the track here will close. By the end of the year there will only be two tracks left in the country.
"It's very hard for me to see this," Rasnake said.
It's been a long slide for greyhound racing, which reached its peak in the 1980s when there were more than 50 tracks across 19 states. Since then, increased concerns about how the dogs are treated along with an explosion of gambling options have nearly killed a sport that gained widespread appeal about a century ago.
A racing association found that betting on greyhounds plunged from $3.5 billion in 1991 to about $500 million in 2014. Since then, many more tracks have closed.
In some states like the dog-racing mecca of Florida in 2021, it was voter initiatives that ended the sport at the state's dozen tracks. In others like Iowa, state officials allowed casinos to end subsidies that had kept greyhound racing alive as interest declined.
"Do I think the industry is dying? Yes," said Gwyneth Anne Thayer, who has written a history of greyhound racing. But "it's happening way faster than I thought it would."
The Dubuque track closure and the end of racing in West Memphis, Arkansas, this December will leave racing only in West Virginia, where tracks in Wheeling and near Charleston operate with subsidies from casino revenue.
For some animal welfare groups, the industry's collapse is the culmination of decades of work to publicize allegations of greyhound mistreatment. The group GREY2K was formed in 2001 and Carey Theil, the organization's executive director, said he feels a sense of accomplishment now that the sport's end seems within reach.
"This has become one of the signature animal welfare debates of our time," Theil said.
GREY2K, the Humane Society and other groups have long argued that greyhound racing was cruel, including its longtime practice of killing dogs that weren't deemed top racers, using drugs to enhance their performance, confining them for long periods and subjecting animals to the risk of injury on the racetrack.
Industry supporters note there now is a huge demand to adopt retired racers and deny that the other problems are widespread. They also contend that some don't understand the love greyhounds have for running.
On opening day at the Iowa Greyhound Park in Dubuque, spectators packed into a spacious room that overlooked the track, sipping beers and mixed drinks as they pored over racing statistics before placing bets at kiosks or with attendants. They expressed disappointment that the track would close, lamenting the loss of an entertainment option in Dubuque, a city of about 60,000 known for its stately brick buildings and church steeples built on hills overlooking the Mississippi River.
Peggy Janiszewski and her friend Robin Hannan have for years been driving about three hours from the Chicago area to Dubuque to watch the racing. They typically bet only a few dollars on each race but are more interested in watching the dogs than counting their winnings.
"They're beautiful. Like works of art," Janiszewski said.
Bruce Krueger said he has been making the 170-mile (274-kilometer) drive from Milwaukee to Dubuque. He doesn't believe the dogs are mistreated.
"I know some trainers, and they treat them like kings and queens," Krueger said.
General Manager Brian Carpenter was 16 when he started working at the track in its second year and has remained 36 seasons until this, its final year.
He recalls the excitement when the track opened in 1985, a time when Iowa was mired in farm bankruptcies and much of Dubuque was struggling. Back then, thousands of people would attend the races, with buses of gamblers arriving every weekend from Chicago and Milwaukee.
"It was an exciting time and the track offered good jobs," he said.
Opening day this year drew at least 1,000 people but smaller crowds are typical, especially on weeknights.
The Dubuque track was helped along by city and state funding, and after Iowa and other states began allowing casinos, the Dubuque operation was expanded to include its own casino.
Thayer's book, "Going to the Dogs," describes a sport with a colorful and often tumultuous history. From its beginning in the 1920s following development of the mechanical lure, the industry was continually pushing to allow for legalized betting state-by-state and to attract attention, with help from Hollywood celebrities, athletes and beauty pageant competitors.
At times, the sport drew more spectators than its more prominent rival horse racing. While considered seedy by some, it was mainstream entertainment for decades, Thayer said.
"People don't realize how normalized it was in American culture for a long time," she said.
Greyhound racing also is held in other countries, including Australia, Great Britain, Ireland, Mexico and Vietnam, but it is facing some of the same problems apparent in the U.S.
Although greyhound racing in the U.S. will be confined only to West Virginia, that state seems intent on retaining the sport, said Steve Sarras, president of the West Virginia Kennel Owners Association. The state's two tracks run races five-days a week year-round.
Sarras said West Virginia legislators made repeated visits to his kennel and others to inspect conditions, and ultimately were confident the dogs are well treated.
"When you see it firsthand, you cannot fake how happy a dog is," he said.
___
Follow Scott McFetridge on Twitter: https://twitter.com/smcfetridge | https://www.sent-trib.com/sports/greyhound-racing-nearing-its-end-in-the-us-after-long-slide/article_fdab0d66-ca20-11ec-a499-c360ac7471bb.html | 2022-05-02T18:12:35Z | https://www.sent-trib.com/sports/greyhound-racing-nearing-its-end-in-the-us-after-long-slide/article_fdab0d66-ca20-11ec-a499-c360ac7471bb.html | false | 47 |
Man City to play friendlies against Bayern Munich & Club America in United States
Manchester City have confirmed they will play preseason friendlies in the United States this summer.
The Premier League side will play against Mexican side Club America and Bayern Munich in their first international friendlies in two years,
The matches will take place in Houston, Texas and Green Bay, Wisconsin in July.
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What has been said about Man City's preseason friendlies?
A statement from the club read: "Manchester City will travel to the United States for two preseason friendlies in preparation for the 2022/23 season.
"This will mark City’s first international friendly in over two calendar years due to COVID restrictions.
"City will meet Club América of the Mexican Liga BBVA MX for the first preseason fixture at NRG Stadium on Wednesday, July 20, 7:30pm (CDT).
"City will then face FC Bayern Munich in Green Bay in the USA Cup. The exhibition game will take place at Lambeau Field on Saturday, July 23, 6:00pm (CDT) and will be the first-ever football match to be played at the historic American football stadium."
What next for Man City?
Before they embark on preparations for next term, City must see out the rest of the 2021-22 campaign.
Pep Guardiola's team are still in contention to win the Premier League, as they sit one point clear of Liverpool with four games left to play.
They have a 4-3 lead over Real Madrid in the Champions League semi-finals heading into the second leg clash in Madrid on Wednesday. | https://www.goal.com/en-in/news/man-city-to-play-friendlies-against-bayern-munich-and-club/blt541b5b06eec6c70e | 2022-05-02T18:12:49Z | https://www.goal.com/en-in/news/man-city-to-play-friendlies-against-bayern-munich-and-club/blt541b5b06eec6c70e | true | 9 |
WASHINGTON, May 2, 2022 /PRNewswire/ -- Today, HelpPetShelters.com announced the Debra Joseph Diamond Grant Program to support the work of local animal shelters in the United States. Beginning with an initial $100,000, the program will provide multiyear support to help animals in shelters.
Debra Joseph Diamond, Ph.D. was a Wall Street money manager, author, medium, and animal lover. Following a high-profile career on Wall Street, Debra transitioned to a life of purpose and spirituality after discovering she was a natural psychic/medium and medical intuitive. She authored several books focusing on spirituality and has been featured in the Washington Post, The Wall Street Journal, Forbes and other major publications. She also served as an Adjunct Professor at Johns Hopkins University. Debra provided remarkable insights for her clients who sought guidance in healing and personal growth.
Throughout her life, Debra always had a passion for animals, and it was her wish to have significant funds allocated to furthering the mission of improving the lives and welfare of animals.
The program is possible thanks to support from the Charitable Fundraising Council, a 501(c)(3) organization that promotes giving to efficient charities.
"Local pet shelters are underfunded and rarely receive money from wealthy national animal groups," remarked Hailey Braun, Outreach Director for Help Pet Shelters. "The work of local shelters directly impacts the lives and welfare of desperate animals and deserves far greater support and awareness."
To date, Help Pet Shelters has given over $100,000 to help local shelters across the country. Help Pet Shelters is known for its "95% Promise"—95% of the funds it raises are given directly to local pet shelters with only 5% allocated to program administration.
Applicants to the program can apply at HelpPetShelters.com. Requests for more information or other inquiries can be made to braun@HelpPetShelters.com.
View original content:
SOURCE HelpPetShelters.com | https://www.wrdw.com/prnewswire/2022/05/02/help-pet-shelters-announces-debra-joseph-diamond-grant-program-benefit-animal-shelters/ | 2022-05-02T18:16:26Z | https://www.wrdw.com/prnewswire/2022/05/02/help-pet-shelters-announces-debra-joseph-diamond-grant-program-benefit-animal-shelters/ | false | 11 |
Tim McGraw was showered with love on his birthday.
The singer and actor turned 55 on Sunday, and to celebrate, his family, friends and tour mates honored the occasion with cake and sing-a-longs.
Tim shared a video that shows tour opener Russell Dickerson leading the crowd in a group sing-a-long of “Happy Birthday.” Meanwhile backstage, Tim’s wife, Faith Hill, surprised him during soundcheck with a candle-adorned cake, and led another rendition of “Happy Birthday” alongside all his crew members.
“This is going to be your best year yet my man,” Russell shares in a compilation video of tributes to the country legend.
Faith also used her husband’s birthday as an opportunity to share a screen grab from the couple’s steamy bathtub scene on 1883. ”Oh, you say it’s your birthday Tim McGraw? Um……What a about a date tonight? K…see ya later. Love you, too,” she writes alongside the photo.
“Wow, thanx for all the birthday love out there!” Tim replies to the influx messages.
Tim is currently headlining the McGraw Tour as his current single, “7500 OBO,” rises through the country charts.
Copyright © 2022, ABC Audio. All rights reserved. | https://923wil.com/country-news/tim-mcgraw-celebrates-birthday-with-tributes-from-faith-hill-russell-dickerson-more/ | 2022-05-02T18:17:43Z | https://923wil.com/country-news/tim-mcgraw-celebrates-birthday-with-tributes-from-faith-hill-russell-dickerson-more/ | false | 4 |
At the heart of the word ‘immunity’, is munus: duty. Before immunity circulated in our blood, it was made in the partitions of the Roman Empire. Some ‘free cities’ within the Empire were ‘libera et immunis’, free and without the duties - usually taxes - to Rome. If the Empire required it, that immunity might be rescinded and the cities compelled once again to send money and soldiers. Normally, though, these cities were free to enjoy their status: inferior to Rome, but enclosed and encouraged to conduct business in ways that would remain profitable.
Now that the Global North is on its way to being fully vaccinated, now that we return to work so that the economy can conduct its business, it may feel that we have been released from our duties to the virus. No more lockdowns or masks. With a wave of a QR code, we can pretend that we have been transported back to 2019, free and immune, in a world free of walls.
It feels absurd to ask what we owe Covid. Surely, Covid owes us. My loved ones died gasping for breath, drowning in their own pneumonia. Covid drove the world to penury. Covid propagated planetary hunger. Covid killed 18 million people. Covid’s debts are estimated at over 12 trillion dollars.
Yet Covid is the offspring of human misadventure. We are its parents. The precise paternity is still disputed. Covid’s origins look less like a lab leak, and more the result of evolution in the wild. Virological detectives are testing theories about whether the disease emerged from the capitalizt cesspits of wet markets, or from forests which had been so compressed by human logging that species that usually were strangers became pressed together.
Covid is a zoonotic disease, jumping from one animal to another. Such diseases are more likely to emerge when animals are confined together, and then fall ill, and then are dosed with enough antibiotics to keep them profitable. You don’t need to explain pandemic disease through an elaborate science fiction of wicked scientists and misanthropic billionaires hoping to wipe the human slate clean. Modern farming will do just as well. Zoonosis loves industrial monoculture, the strange fiction in which the life of only one species matters, and humans attempt - ultimately unsuccessfully - to eradicate all other living beings. Like SARS, MERS, Zika, H1N1, H7N5 and others, Covid is a product, a symptom of capitalist appropriation, an externality of the production process of industrial meat, timber, tropical products.
The virus remains among us. It has jumped species again, now living in deer in North America. The animals are untroubled by the disease, but are a reservoir in which the virus will live and mutate. Not even the most feral of American hunters imagines they can render extinct all 25 million of these creatures. Humans will have to live with this virus and its hosts. We are, however, not prepared to do what it asks of us. So we pretend it has been conquered.
Such magical thinking was always a part of our pandemic. Just as the first wave of lockdowns began in Texas, our lieutenant governor suggested that he, and others over 70, should be ready to die so that the economy might live. He said this when there were five Covid-related deaths in Texas, in March 2020. The number of Covid dead in Texas, a state of 29 million people, is now 87,843.
Of course, our lieutenant governor is still alive. His call for sacrifice was never about his sacrifice. The past two years have been a measure of who is expendable. Since we cannot defeat the virus, the rich expend the poor. In the United States, Black and low-income areas were more likely to die from the disease. In Texas, the early hotspots were prisons and slaughter-houses, the places of confinement and death partitioned away from decent and civilized society, and disproportionately filled with migrants, women, the poor.
The walls around what passes for civilization are porous. Covid is a reminder that capitalist society, and its partitions, are easily breached. Through luck and violence, many in the Global North have been able to pretend that we can live duty-free within the web of life. The duty-free lounge, a place of hyper-capitalist wonder filled by the olfactory temptations of perfume, fine wine, tobacco and Toblerone., is an appropriate metaphor, especially as we cultivate an amnesia about a virus whose signature symptom is the loss of smell.
To leave this transit lounge, to acknowledge the human paternity of this virus, and to give it its due, should change everything. We’d recognize the value of all life, not just those of the rich. We would recognize that to value human life demands not perpetual isolation - Zero Covid’s lockdowns cannot work forever - but a revolution of care. For one another, for the web of life.
Our duties of care demand a public health system that prevents us from making new disease, that abolishes the lethal practices of corporate logging, agriculture, and extraction. There are effective and proven practices with which to replace these imperial technologies: agroecological farming weaves humans back into the web of life. None should pretend that the treatment is easy. Covid offers a difficult diagnosis of late capitalism. This virus also points to a cure: a world without walls, filled with duties of care, and enriched by the deep medicine of equality. | https://www.repubblica.it/robinson/2022/05/02/news/living_with_the_virus_dutyfree-347828428/ | 2022-05-02T18:22:57Z | https://www.repubblica.it/robinson/2022/05/02/news/living_with_the_virus_dutyfree-347828428/ | false | 1 |
TIKTOKER, Casey, reveals four simple ways to save money when ordering at restaurants.
These money-saving hacks can come in handy as restaurants raised menu prices by as much as 10% this past year.
The increase in menu prices comes as the rate of inflation stands at 8.5% as of March 2022.
In January 2022 alone, federal data showed that restaurant menu prices were raised at their highest rate in 40 years.
However, the data actually underplays how much of the inflation rate limited-service restaurants, like McDonald's and Taco Bell, are putting on their customers.
According to Business Insider, McDonald's raised prices by 8% and Taco Bell increased prices by 10%.
But, Casey's tips can help relieve some of the weight that many consumers are feeling on their wallets when eating out.
1. Sign up for loyalty programs
One of her first tips is to sign up for a restaurant's loyalty program and email list.
She said: "You will be sent coupons all the time."
Most read in Money
Sometimes, a restaurant might even have an app that you can download on your phone for free.
2. Birthday freebies
The next hack Casey talks about is looking for birthday freebies.
If you do not know what a birthday freebie is, it is a meal or drink that is given to a customer at no cost.
The Sun has listed just a few full- and limited-service restaurants that will give you a treat on your special day.
- Applebee's
- Arby's
- Auntie Anne's
- Benihana
- Bojangles
- Bonefish Grill
- Carrabba's
- Chili's
- Culver's
- Denny's
- Dunkin'
- Firehouse Subs
- IHOP
- Krispy Kreme
- Margaritaville
- McDonald's
- Noodles & Company
- Olive Garden
- Outback Steakhouse
- PF Chang's
- Panera
- Starbucks
3. Fill out the survey
Along with looking for birthday freebies, Casey advises to not throw your receipts because "sometimes, there will be a survey ....", and this survey could equal cash.
Once you are finished filling out the survey, most of the time a promo code or coupon for a meal or drink will be emailed or texted to you.
4. Take a peek at restaurant.com
The last tip Casey gives in her video is to look at restaurant.com.
On the site, you can find great deals and discounts at restaurants in your neighborhood.
All you have to do is type in your zip code.
In addition to these restaurant ordering hacks, The Sun reveals where seniors can get 10% off meals.
Plus, a Burger King employee shows the best way to save money on your next BK meal.
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Email us at exclusive@the-sun.com or call 212 416 4552.
Like us on Facebook at www.facebook.com/TheSunUS and follow us from our main Twitter account at @TheSunUS | https://www.the-sun.com/money/5246388/reduce-spending-when-eating-out/ | 2022-05-02T18:29:23Z | https://www.the-sun.com/money/5246388/reduce-spending-when-eating-out/ | false | 1 |
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Russia/UkraineRussian TV hosts discuss nuclear strikes on U.K, France, Germany (newsweek.com)
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[+]andreshev comment score below threshold[score hidden] (5 children) | https://www.reddit.com/r/worldnews/comments/ugum9z/russian_tv_hosts_discuss_nuclear_strikes_on_uk/ | 2022-05-02T18:29:55Z | https://www.reddit.com/r/worldnews/comments/ugum9z/russian_tv_hosts_discuss_nuclear_strikes_on_uk/ | false | null |
A comedian from the North who made jokes about child abuse has been unmasked as a paedophile who paid to watch kids being sexually abused online.
Eamon Goodfellow, 50 and originally from Co Armagh, has been convicted of “paying for and directing the sexual abuse of children” in the Philippines and Romania, according to a statement issued by the National Crime Agency.
Goodfellow, who had been living in St Albans in England, had performed as a comic at the Edinburgh Fringe. The NCA issued details of his conviction last month, however the fact he is from Northern Ireland and had performed as a comedian only emerged over recent days.
Read More:Are police about to solve the Madeleine McCann case? Latest on huge developments in Germany
The NCA said the sex offender was arrested by its officers on June 14, 2018 and all of his electronic devices seized for analysis.
A spokesman added: “A number of chat logs were recovered which showed Goodfellow discussing the abuse of children with facilitators, one of whom was based in the Philippines and the other in Romania.
“In the chats, Goodfellow was shown to be actively seeking children under 13-years-old. When a child at the right age was identified, he would direct the facilitators to perform certain sexual acts on the children with a view to live-streaming the offending.
“Evidence showed that he sent payment to the facilitators to carry out the abuse.”
Goodfellow was found guilty of two counts of attempting to cause the sexual exploitation of a child under 13 at St Albans Crown Court on April 12 following a six day trial. He will be sentenced at the same court on 31 May.
In a Mirror Online report it states that video clips of the the sex offender’s comedy shows him joking about another young comedian being too ugly for “child-molesting Moors murderers” Myra Hindley and Ian Brady.
It adds that in another clip he makes a joke about Goldilocks being in the train toilet with one of the three bears. He was a runner-up in the 2019 New Act of the Year Final.
Martin Ludlow from the National Crime Agency said: “Goodfellow made it very clear that he has sexual interest in young children in these chat logs.
“He attempted to arrange for the most horrific abuse of vulnerable children thousands of miles away from him for his own gratification.
“He was helped by facilitators whose motive is to make money. This kind of financially-driven offending is a key threat to the UK.
“The NCA works with international law enforcement partners to safeguard children, identify and disrupt those willing to fund and carry out this abuse. In the Philippines the NCA has an excellent relationship and actively supports the work of the Philippine Internet Crimes Against Children Centre (PICACC).”
Get breaking news to your inbox by signing up to our newsletter | https://www.irishmirror.ie/news/irish-news/crime/irish-comedian-who-made-child-26851049 | 2022-05-02T18:31:58Z | https://www.irishmirror.ie/news/irish-news/crime/irish-comedian-who-made-child-26851049 | true | 5 |
May 2, 2022, 12:20 pmUpdated: May 2, 2022, 5:34 pm
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Muslims across the UK and around the world have marked the end of the holy month of Ramadan by praying together in mosques and coming together to eat.
Eid al-Fitr marks the end of Ramadan, when Muslims are encouraged to engage in dawn-to-dusk fasting for the month.
Typically a three-day festival, it begins with morning prayers before families mark the new month with gifts of toys and clothes.
Similar to Easter Sunday in the Christian calendar, Eid does not fall on the same day every year.
Instead, Eid and the period of Ramadan are both determined by a new moon, as Islam follows the lunar calendar.
British Muslims have been forced to observe Covid-19 restrictions during Eid-al-Fitr for the past two years due to the pandemic, placing curbs on the usual festivities including large indoor gatherings.
Around the world, Muslim communities gathered in what for many was their first chance to mark the end of the holy month together. | https://www.pressandjournal.co.uk/news/uk/4240946/in-pictures-communities-gather-in-prayer-to-mark-end-of-ramadan/ | 2022-05-02T18:32:37Z | https://www.pressandjournal.co.uk/news/uk/4240946/in-pictures-communities-gather-in-prayer-to-mark-end-of-ramadan/ | false | 6 |
You need to enable JavaScript to run this app. | https://sportspyder.com/cf/oklahoma-sooners-football/articles/39364979 | 2022-05-02T18:33:16Z | https://sportspyder.com/cf/oklahoma-sooners-football/articles/39364979 | true | null |
All You Need to Know About Trustmark (TRMK) Rating Upgrade to Strong Buy
Investors might want to bet on Trustmark (TRMK), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.
The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Trustmark is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock Prices
The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Trustmark imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate Revisions
Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>.
Earnings Estimate Revisions for Trustmark
For the fiscal year ending December 2022, this holding company for Trustmark National Bank is expected to earn $2.01 per share, which is a change of -14.1% from the year-ago reported number.
Analysts have been steadily raising their estimates for Trustmark. Over the past three months, the Zacks Consensus Estimate for the company has increased 6.7%.
Bottom Line
Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Trustmark to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Just Released: Zacks' 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +25.4% per year.
These 7 were selected because of their superior potential for immediate breakout.
Click to get this free report
Trustmark Corporation (TRMK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | https://www.nasdaq.com/articles/all-you-need-to-know-about-trustmark-trmk-rating-upgrade-to-strong-buy | 2022-05-02T18:36:33Z | https://www.nasdaq.com/articles/all-you-need-to-know-about-trustmark-trmk-rating-upgrade-to-strong-buy | false | 133 |
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When it comes to food prices, the Canadian government's hands are tied
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THE CONVERSATION
This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site.
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Author: Michael von Massow, Associate Professor, Food Economics, University of Guelph
The rhetoric around inflation and increasing food prices has become a point of emphasis for politicians, particularly for those in opposition to the incumbent government.
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Even pundits and non-profit organizations are pressuring the government into taking specific actions on food prices. This begs the question: Should governments take steps to reduce food prices? And more importantly — can they?
This is not to say that food inflation doesn’t matter. It has clear impacts on food security in North America and across the world. While some argue there is little that can be done, there are some steps the government can take.
Putting a limit on food prices
The most obvious step the government could take is regulating food prices using price ceilings. This is virtually unheard of in North America, but has happened elsewhere, most recently in Malaysia where the government has announced price control measures for key staples.
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While this might initially seem like a good idea, price ceilings actually end up taking money out of the system. If that money isn’t replaced (i.e. through government subsidies), products either stop being produced or make their way to other, more profitable markets. Currently, the Canadian government can’t afford these kinds of subsidies because of the debt accumulated from COVID-19 relief.
There are some products, like dairy and poultry, that have domestic production controls. Farm prices are set based on a cost-of-production model, meaning farmers earn back the amount of money it costs to produce their products. If grocery prices were capped, retailers and processors would make less money and less dairy products would make it to store shelves.
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Price ceilings are impractical for food. They are unlikely to achieve much and end up hitting farmers, processors and retailers the hardest. In the long run, they end up reducing access to products and stifling innovation and research investment.
Limiting food exports
In some countries, governments have chosen to limit exports — meaning goods must be sold domestically — as a way of reducing food prices. Argentina did this recently after wheat prices increased following Russia’s invasion of Ukraine. While this is good for domestic consumers, it puts the burden on farmers who could stop production in favour of selling unregulated products.
Export taxes can also be used in place of export controls. While these stabilize domestic prices, they end up hurting domestic producers, who get lower prices, and importing countries, who face higher prices.
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Canada, as a significant exporter of food products, cannot afford to let its reputation as a trusted exporter be compromised. In addition, limiting or taxing exports would only have small impacts on domestic prices, but would negatively impact Canadian producers and export customers.
For countries that import food, like India, the reduction of import duties can also help to reduce domestic prices. Import duties are often used to protect domestic producers. For the most part, Canada does not have high tariffs on food products, with the exception of supply-managed products, so this approach is not broadly applicable.
Some U.S. states are considering waiving food taxes. In Canada, most retail food items are not taxed, so this is not an option, although a similar tax is being used in Alberta to reduce the cost of transportation. One critique of this approach is that it benefits those that spend the most, rather than those that need it most.
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What can governments actually do?
Another option could be to deal with the root causes of the inflation. However, many of these factors — like drought and extreme weather events, the war in Ukraine and supply chain disruptions — are beyond the control of the Canadian government.
There has been discussions from CEOs and political parties about implementing a grocery code of conduct for regulating how large grocery companies interact with their suppliers. While a code might benefit grocers and their suppliers, it is unclear if it would actually lower food prices for consumers.
While there is not a lot that governments can do about food prices, policy makers can still provide broader economic relief. Those with the lowest incomes are feeling the pinch of inflation more than others — they are being squeezed not only by food price increases, but by rising rent and fuel prices.
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Income support for those with lowest incomes would hep reduce the burden of rising costs of living. Broader tax relief could also take the pressure off for the middle class, but tax relief is less effective for low income earners that pay little tax. Targeted programs, like the school food programs announced in the 2022 federal budget, could also increase food access for vulnerable populations.
Politicians who criticize incumbent government for rising food prices should be challenged to provide real proposals that would differentiate them. This is not an easy fix and we shouldn’t be pretending it is.
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Michael von Massow receives funding from a variety of organizations including the Ontario Ministry of Agriculture and Food, Genome Canada, and Protein Industries Canada.
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This article is republished from The Conversation under a Creative Commons license. Disclosure information is available on the original site. Read the original article: https://theconversation.com/when-it-comes-to-food-prices-the-canadia https://theconversation.com/when-it | https://nationalpost.com/pmn/news-pmn/when-it-comes-to-food-prices-the-canadian-governments-hands-are-tied | 2022-05-02T18:38:32Z | https://nationalpost.com/pmn/news-pmn/when-it-comes-to-food-prices-the-canadian-governments-hands-are-tied | false | 2 |
A 93-year-old Florida woman was found stuffed in her freezer last week and cops are questioning her 64-year-old daughter in the case, officials said.
Sebastian police said that neighbors grew concerned about Marie Hoskins after not seeing her for several days.
Officers went to her address for a welfare check but no one answered the door despite several attempts.
A relative then provided cops with a key to the home and they were able to gain access, cops said.
Inside, they found the woman’s 64-year-old daughter, who said she had not seen her mother for an extended period.
Unsatisfied with her answer, police searched the home and found Hoskins in a garage freezer.
The daughter voluntarily went into a local police station for questioning but has not been charged, according to local officials.
Hoskins’ body was removed from the freezer and relatives made an official identification.
Detectives are actively working with the medical examiner and the state attorney’s office on this case, which is still active. | https://nypost.com/2022/05/02/florida-woman-found-dead-in-her-own-freezer/ | 2022-05-02T18:38:53Z | https://nypost.com/2022/05/02/florida-woman-found-dead-in-her-own-freezer/ | true | 1 |
First look at Harry Styles and Florence Pugh in Don’t Worry Darling trailer
A new trailer has offered a first look at Harry Styles and Florence Pugh’s passionate on-screen relationship in the forthcoming film Don’t Worry Darling.
Directed by Olivia Wilde, the film is set in the 1950s in an isolated, utopian community in the California desert and features an unhappy housewife and her husband, who harbours a dark secret.
Little Women star Pugh plays housewife Alice while former One Direction singer Styles stars as husband Jack in the psychological thriller, which is due in cinemas on September 23.
The trailer opens with what first appears to be a carefree life, as Styles and Pugh laugh and kiss at a party with friends.
As the couple later cuddle in bed, Pugh’s character says: “You and me?” to which Styles replies: “Always. You and me.”
During the day, the women of the community are left to do the household chores as the men go off to work for the town’s company, Victory.
A voiceover by actor Chris Pine, who plays Victory chief executive Frank, says: “All of you wives, we men, we ask a lot. We ask for strength. Food at home, a house cleaned. And discretion above all else.”
However, all does not seem to be well as Pugh’s character begins to question what the project is really doing.
Their marital bliss seems to fracture as she ponders: “What is actually happening? What if this place is dangerous?” causing Style’s character to lash out, screaming: “Stop it!”
The video rapidly moves from scenes of lavish parties and steamy intimate moments to Pugh’s character looking distressed and appearing to be chased by people in red overalls as she runs into the desert.
Wilde posted the trailer on Instagram and wrote: “I’m so proud of this team and can’t wait to show you what we made together. #dontworrydarling”
The 38-year-old director began dating Styles, 28, after casting him in the project.
The star-studded cast also features Wilde, Gemma Chan, KiKi Layne and Nick Kroll.
Wilde was recently served with legal papers on behalf of her ex-fiance Jason Sudeikis while appearing on stage at CinemaCon in Las Vegas to promote Don’t Worry Darling.
A source for Ted Lasso star Sudeikis said he had “no prior knowledge of the time or place” that the documents relating to the custody of their two children would be delivered as such, and that he “would never condone her being served in such an inappropriate manner”.
Don’t Worry Darling will premiere on September 23, after filming was stopped several times during the pandemic. | https://ca.sports.yahoo.com/news/first-look-harry-styles-florence-182705975.html?src=rss | 2022-05-02T18:43:03Z | https://ca.sports.yahoo.com/news/first-look-harry-styles-florence-182705975.html?src=rss | false | 8 |
IPL 2022 updated points table, Orange, Purple cap standings: Buttler extends lead; Umesh takes 4th spot
Shreyas Iyer-led Kolkata Knight Riders (KKR) defeated Sanju Samson's Rajasthan Royals (RR) in match No. 47 of the Indian Premier League (IPL) 2022 on Monday at the Wankhede Stadium. Here's a quick look at the updated points table, Orange, Purple cap standings after the IPL 2022 match.
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Playing a captain's knock for the 2008 champions, captain Samson scored 54 off 49 balls while Shimron Hetmyer smashed quick-fire 27 (13 balls) to take the RR side to a challenging total. Chasing the 153-run target, KKR lost openers Baba Indrajith (15) and Aaron Finch (4) for cheap in the Powerplay. Staging a comeback for KKR side with the bat, Kolkata captain Iyer scored 34 off 32 balls while Nitish Rana remained unbeaten on 48 off 37 balls. Joining forces with Rana in the run chase, Rinku Singh smashed 42 off 23 balls to help KKR upstage RR by 7 wickets.
IPL 2022 points table
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End of Article | https://www.timesnownews.com/sports/cricket/ipl-2022-updated-points-table-orange-purple-cap-standings-jos-buttler-extends-lead-umesh-yadav-takes-4th-spot-article-91269725 | 2022-05-02T18:43:11Z | https://www.timesnownews.com/sports/cricket/ipl-2022-updated-points-table-orange-purple-cap-standings-jos-buttler-extends-lead-umesh-yadav-takes-4th-spot-article-91269725 | false | 1 |
Nick Nurse on Lakers rumours, title aspirations
Toronto Raptors coach Nick Nurse addresses the rumour of the LA Lakers aiming to poach him from the Toronto Raptors and how important winning another title is to him. Full availability is on our Yahoo Sports Canada YouTube. | https://ca.sports.yahoo.com/video/nick-nurse-lakers-rumours-title-182410023.html?src=rss | 2022-05-02T18:45:08Z | https://ca.sports.yahoo.com/video/nick-nurse-lakers-rumours-title-182410023.html?src=rss | true | null |
Laziness has bad societal implications and can be a label with a racist, exploitative history. I would never call someone else lazy and one of my professors once chastised my graduate class of teachers in Title I schools for using the label “lazy” for students (I didn’t use it, but I definitely agreed with my professor).
And while the label is rapidly growing less and less acceptable, I can’t eliminate my inner programming and self-talk when I chastise myself for being lazy. I grew up in a family where I had to be seen working and being productive all the time, where many of the things I did for fun, including video games and watching TV, were considered lazy. I realize my family was just trying to look out for me, make me more disciplined, and make me prioritize my education above all else.
But I did internalize one lesson throughout my life: don’t be lazy. Throughout my childhood, I was seen as the hard-working and diligent sibling. I always held jobs. I couldn’t not work and I could never take a summer to not do anything.
I always had to be making money and hustling somehow. My brother, on the other hand, had the label of “lazy” stick with him — my parents would always tell him on summers he refused to work and played video games all day “why can’t you be more like your brother?”
I was the younger one. I was the model sibling. I was the one who refused to be lazy. And my brother was the one recharging from a hard semester at school. He took his studies very seriously and often obsessed over them. And the chastising of my parents often never really worked well because he’s the older sibling by several years.
Now, I realize it’s time to learn from my brother. He isn’t lazy. He knew when he needed to recover and recharge, compared to me, who always feels the need to hustle and be on go mode. My brother isn’t lazy — he had a lot going on and he’s struggled with his mental health. And the language and labels we use matter.
Anyway, for me, I don’t need to resist being lazy (as I define myself) like I used to. Instead, I did need more time to just do nothing, time to lay in bed, time to play games and watch TV. Laziness is a skill in that I manage my own energy, pace myself, go through the day and the week in a sustainable manner, and only really complete things when I need to.
It took me a long time to realize I would benefit from being lazier, at least the way I define the term. I will never shed my reputation as a super diligent and hard-working person who holds myself to high standards and expectations. But being on this vigilant, urgent, and high alert state all the time, on 100% flight or flight mode, is something I just couldn’t keep up.
An example, for me, is procrastination. I procrastinate not as a way to preserve my energy and only complete tasks I don’t want to do. I need to be ready, mentally and emotionally, and that’s when I take my work the most seriously.
Somehow, being lazier has made me more productive and improved the quality of my work. I take my rest and prioritization of myself more seriously. I have several points during the day where something needs to get done and it needs to get done right away, and the only way I can handle such a high sense of urgency and pressure is if I allow myself to recover and give myself grace.
I might feel like a zombie before I teach my classes. But when I do, my emotional and mental state rise to the occasion. It’s a strange phenomenon and you can say I work well under pressure — but the only reason I work well under pressure is that I’m not working under pressure every single second of every day.
For me, it’s not about sandbagging every single moment of the day and not holding myself to any expectations. It’s about being strategic about how much I can tolerate and do at a given time and planning out my laziness tactically. I’m aware I’ll need to be even better at this when I have kids, but I’m a human being just like anyone else. As much as I would like to be programmed to be a productivity machine, that’s not what I am.
Strategic laziness means prioritizing quality over quantity. I used to think I could stomach a limitless amount of pain and distress. I used to think of myself as a martyr, but at the end of the day, I’m no God.
As a runner, most of my runs are pretty easy and slow. 90% of the miles fall into the “slow and easy” territory. I used to go too hard in my training and try not to be what I perceived as lazy, but now I overperform instead of underperform. My training and practice are underwhelming — but my big performances go better than I planned.
Strategic laziness means knowing when to say no. It means listening to myself and knowing my limits. It means stopping and coming back to a task later.
Most people who know me would say I’m the antithesis of lazy. But that’s just an appearance. I’ve learned how to embrace laziness and harness it to step up when I need to. This is a society where we’re defined by our production and means of production, and that pressures us into overwork.
If you think American work culture has long hours and grueling conditions, you’ve never been to an East Asian country. When I worked in an organic chemistry lab in Japan, a couple people stood out for their refusal to work as long as everyone else. Some people would get into the lab at 9 a.m. and work until 1:30 a.m.
But one of my mentors came in at 9 a.m. and left around 5 to 6 p.m. He said he didn’t think the way many of his peers worked was effective. Yes, they always gave the appearance of living in the lab and doing a lot, but he didn’t think they were very productive. He spent time working in a U.K. lab where he worked normal hours but his advisor pleaded for him to take care of himself, get enough sleep, and not work an absurd amount of hours.
To his peers, he was seen as not as hard-working and possibly lazy. But he did fantastic research he won numerous awards for. In the time he worked, he was effective and committed to his work, and then he went home to his personal life and to spend time with his girlfriend.
I think societal critiques of laziness have classist and racist implications. And whenever we think we’re lazy, it’s often a sign of a deeper problem or a need that isn’t being met.
That’s certainly the case for me — when I’m lazy, I need to attend to a core need, like a need to socialize, a need to have fun, a need to rest, and a need to attend to basic living needs like food and water at the bottom of Maslow’s Hierarchy of Needs.
For me, laziness is always a sign. I might eradicate it from my vocabulary when talking about other people, but it’s hard to eliminate that critical self-talk.
But instead of being critical, embracing laziness as a skill has meant more self-compassion and being more accommodating of myself — that’s made me more effective, rested, and overall a better person who can serve God to the best of my ability.
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This post was previously published on Mind Cafe.
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Photo credit: iStock | https://goodmenproject.com/featured-content/for-me-laziness-is-a-good-skill/ | 2022-05-02T18:45:57Z | https://goodmenproject.com/featured-content/for-me-laziness-is-a-good-skill/ | true | 1 |
Hyderabad: A complaint was filed against Tollywood actor Viswak Sen for doing a prank video and posting it on YouTube channel at Telangana State Human Rights Commission. The complaint was filed by High Court advocate Arun Kumar.
In his complaint, he alleged that the actor had shot the prank video to promote his upcoming movie. He urged the commission to take action against the actor. The advocate also urged the commission to issue directions to the State police to not allow the promotion of movies in public places.
Speaking on the occasion, advocate Arun Kumar said such pranks acts by actors and celebrities would have a terrible impact on the psyche of the people of the State.
He said he had also urged the commission to issue directions for the removal of all prank videos from the YouTube channel. The upcoming movie of Viswak Sen Ashoka Vanamlo Arjuna Kalyanam is releasing on May 6. The makers of the movie have done prank video on a public place in the city | https://www.siasat.com/complaint-filed-against-tollywood-actor-viswak-sen-for-playing-prank-2319864/ | 2022-05-02T18:46:09Z | https://www.siasat.com/complaint-filed-against-tollywood-actor-viswak-sen-for-playing-prank-2319864/ | true | null |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/los-angeles-chargers/articles/39362688 | 2022-05-02T18:47:09Z | https://sportspyder.com/nfl/los-angeles-chargers/articles/39362688 | true | null |
(The Hill) — Amazon will no longer offer paid time off for employees with COVID-19, according to multiple reports.
The online retail giant announced the change, which went into effect on Monday after the Centers for Disease Control and Prevention changed its guidance surrounding its handling of the virus and the widespread availability of vaccines in the U.S., Reuters noted, adding that employees who contract COVID-19 will be given five days of excused, unpaid leave.
Workers are also still allowed to use their sick time if needed, according to CNBC.
The Hill has reached out to Amazon for comment.
Amazon has been slowly dialing back its COVID-19 leave policies since the start of the year.
In January, it shortened its paid leave policy for employees from 10 days to seven days. That change was fueled largely by labor shortages caused by the rapid spread of the omicron variant.
At the start of the pandemic, the company initially offered up to two weeks of paid time off for any employee who had COVID-19 and needed to quarantine.
The development comes shortly after Amazon was granted a hearing over its claims that a Staten Island facility’s successful vote to unionize, the first location in the U.S. to do so, was improperly carried out.
“We’ve always said that we want our employees to have their voices heard, and in this case, that didn’t happen — fewer than a third of the employees at the site voted for the union, and overall turnout was unusually low,” Amazon spokesperson Kelly Nantel said of the vote. | https://www.mytwintiers.com/news-cat/business-news/amazon-workers-lose-paid-covid-leave/ | 2022-05-02T18:49:23Z | https://www.mytwintiers.com/news-cat/business-news/amazon-workers-lose-paid-covid-leave/ | false | 18 |
Yesterday, Netflix laid off some of its staff, many of them recently hired women of color. They were working on its new fan-focused website. As an arts correspondent based at NPR West, Mandalit del Barco reports and produces stories about film, television, music, visual arts, dance and other topics. Over the years, she has also covered everything from street gangs to Hollywood, police and prisons, marijuana, immigration, race relations, natural disasters, Latino arts and urban street culture (including hip hop dance, music, and art). Every year, she covers the Oscars and the Grammy awards for NPR, as well as the Sundance Film Festival and other events. Her news reports, feature stories and photos, filed from Los Angeles and abroad, can be heard on All Things Considered, Morning Edition, Weekend Edition, Alt.latino, and npr.org. | https://www.newsbreak.com/news/2587809792737/a-palestinian-syrian-chef-s-cookbook-invites-people-to-see-any-meal-as-a-celebration | 2022-05-02T18:51:30Z | https://www.newsbreak.com/news/2587809792737/a-palestinian-syrian-chef-s-cookbook-invites-people-to-see-any-meal-as-a-celebration | false | 1 |
Like the pavilion holding the public spaces, the structure containing the bedrooms is clad in glass on the interior sides facing the courtyard, allowing a constant connection to the outside. Rodriguez (with dog Lupe) designed the steel stairs leading from the mezzanine-level home office to the master bedroom below. The stairs were fabricated by Austin-based Steel House MFG. | https://www.dwell.com/@bramkerssemakers | 2022-05-02T18:54:28Z | https://www.dwell.com/@bramkerssemakers | false | null |
Dermot Bannon has revealed that grey - a colour that has been popular in recent years for homes - has "had its day," as the architect welcomes a brighter and more colourful move in home interior trends.
The Room To Improve star has a muted colour palette for his own home, with whites, creams and taupes contrasting elegantly with natural textures and modern pops of green, yellow, blue and blush.
The interiors expert said that he is very excited to see people be more experimental with colour as a move away from the classic whites and greys.
Read more: See inside Room to Improve star Dermot Bannon's stunning Drumcondra dream home
"For me as an architect, it’s always been white, white, white as the safest way to go, and what I am seeing is people being very experimental with colour," he said in the recent RSVP Home magazine when asked about new home trends.
"It’s pushed me as a designer into being more experimental with colour, which adds another layer of complexity to a design but it’s worth it. Colour is the big thing."
He continued: "Grey has had its day."
"People doing layers of grey has been a safe trend for a long time, but I think now that warmer colours and bigger blocks of colour - before, people were doing a lot of grey with pops of colour, but now people are being very brave and doing the entire room, walls and ceiling in one colour."
"What was once a pop of colour in a few cushions is now being taken to walls and entire spaces, and I think that it creates a cocoon of colour, which is very exciting."
The TV star explained that people are making a move away from the show home aesthetic, and post-pandemic are much more focused on comfort and the feel of their home rather than glossy perfection.
"I think over the pandemic people have become less obsessed with the look of things and more in how the comfort of things work, because we’ve spent so much time in our homes, and our homes mean much more to us," he said.
"For me, it’s about having that functionality - when you’re sitting in a room you don’t want people walking in front of you all the time, so laying out rooms to make them cosy and comfortable."
Check out the full interview with Dermot Bannon in the all new RSVP Home magazine, on sale now and available from all usual newsagents.
Get the latest RSVP headlines straight to your inbox for free by signing up to our newsletter
Read more: Vogue Williams and Spencer Matthews share name and first picture of newborn son
Read more: RTE's Carl Mullan shares incredible new photos from weekend wedding | https://www.rsvplive.ie/news/celebs/architect-dermot-bannon-says-grey-26851442 | 2022-05-02T18:54:45Z | https://www.rsvplive.ie/news/celebs/architect-dermot-bannon-says-grey-26851442 | false | 1 |
SpectraCare Health Systems in Houston County has been added to Alabama's list of mental health crisis centers.
On Monday, Alabama Gov. Kay Ivey announced the expansion of the Alabama Crisis System of Care with two additional crisis centers for fiscal year 2023 — SpectraCare in Houston County and Indian Rivers Behavioral Health in Tuscaloosa County. The two centers add to the four existing centers in Huntsville, Birmingham, Montgomery and Mobile, currently serving individuals with mental illness and substance use disorders at staged levels of care.
“The state of Alabama is proud to continue doing its part to offer top notch crisis care to people in need,” Ivey said in a news release. “During my time as governor, I’ve placed a renewed focus on finding innovative ways to support Alabamians that find themselves battling mental health issues, and I have no doubt that these two new facilities are going change lives for the better.”
The two newly awarded centers in Tuscaloosa County (Region 2 – Tuscaloosa) and Houston County (Region 4 – Dothan) will serve large populations in those regions with additional special populations, including veterans and young adults. The current crisis centers are located at AltaPointe Health in Mobile, WellStone in Huntsville, the Montgomery Area Mental Health Authority in Montgomery and the Jefferson, Blount, St. Clair (JBS) Mental Health Authority in Birmingham.
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“We are committed to ensuring all Alabamians have someone to call, someone to respond, and if needed, someplace to go in times of crisis,” Alabama Department of Mental Health Commissioner Kim Boswell said. “We are thankful for Gov. Ivey’s leadership and the Legislature’s continued investment in our state’s crisis system of care, expanding access to even more individuals and their families.”
Mental Health Crisis Centers are designated places for community members, law enforcement, and first responders to take an individual who is in mental health crisis. The centers offer both walk-in access and the capacity for first responders and law enforcement to transfer individuals to the center for crisis care for a warm hand-off to staff, short-term admission, medication management and case management. Services also include critical crisis intervention and stabilization services, discharge planning and connections to ongoing behavioral health care services, if needed.
The initial three crisis centers were funded with an $18 million appropriation in the 2021 fiscal year General Fund budget, with continued funding appropriated in the 2022 and 2023 General Fund budgets to support the existing crisis centers and add new crisis centers across the state.
To learn more, visit the Alabama Department of Mental Health’s Alabama Crisis System of Care webpage. | https://dothaneagle.com/news/local/houston-countys-spectracare-added-to-states-mental-health-crisis-centers/article_a30eb402-ca2f-11ec-b9d2-372bd0efd2ac.html | 2022-05-02T18:55:35Z | https://dothaneagle.com/news/local/houston-countys-spectracare-added-to-states-mental-health-crisis-centers/article_a30eb402-ca2f-11ec-b9d2-372bd0efd2ac.html | true | 1 |
DAN WOOTTON: Breaking the bank to sign the King and Queen of Woke Harry and Meghan is the biggest mistake in Netflix history – viewers have zero interest in paying to hear the Sussexes preach
What’s that I hear?
I think it’s the howls of rage and fury emanating from a Montecito mansion in the hours after Meghan Markle had the crushing realisation that pretending to be a Hollywood ‘Duchess’ means nothing in the cutthroat world of American TV.
Netflix, which just 14 months ago at the height of the pandemic subscriber boom, employed the Sussexes in an unprecedented exclusive telly deal worth tens of millions, has had a crushing realisation of its own: Viewers of the once-great streaming platform aren’t going to keep paying to be force fed a succession of painfully PC dramas about pregnant men, series campaigning for us to stop eating meat and fish, and documentaries telling white people how we’re racist.
The ‘woke mind virus’ that Elon Musk believes is spreading through Netflix like a plague has seen its subscriber numbers plummet, causing a crash in the streaming giant’s stock price and a major crisis in confidence.
'Mark my words, Netflix's announcement spells deep trouble for the Sussexes' golden handcuffs deals with Hollywood companies, who, behind the glossy PR statements, are paying for product that will sell' (Pictured: The Duke and Duchess of Sussex hug Team United Kingdom competitor Lisa Johnston at the Invictus Games)
'Netflix is no longer prepared to treat even its British Royal Family staff members with kid gloves' (Pictured: Meghan, Duchess of Sussex and Prince Harry, Duke of Sussex attend day two of the Invictus Games)
So first to go in the sweeping cuts set to hit the company are the sorts of telly vanity projects that Netflix thought gave them kudos in liberal luvvie circles, but won’t end up resulting in shows that anyone wants to subscribe to watch.
That includes Pearl, the first major series announced from Harry and Meghan’s megabucks deal, with Elton John’s husband David Furnish – a BFF best known for providing the couple with carbon-guzzling private jets at a moment’s notice – drafted in to produce alongside their own production company Archewell.
It was meant to be an animated series starring a campaigning 12-year-old girl, based on the precocious Meghan as a child, who wrote to Procter & Gamble about a sexist ad, weaving in the stories of ‘extraordinary women throughout history’.
So far, so woke.
Last June, when the deal was announced, Meghan gushed: ‘Like many girls her age, our heroine Pearl is on a journey of self-discovery as she tries to overcome life’s daily challenges. David Furnish and I have been eager to bring this special series to light, and I am delighted we are able to announce it today.’
But here’s the problem with putting a preening princess with zero executive experience at the heart of the creative decision-making process: She hasn’t the faintest idea how to make a compelling drama series.
Pearl was shaping up to be worthy tosh – and Netflix is no longer prepared to treat even its British Royal Family staff members with kid gloves.
Mark my words, yesterday’s announcement spells deep trouble for the Sussexes golden handcuffs deals with Hollywood companies, who, behind the glossy PR statements, are paying for product that will sell.
Prince Harry playing for the Los Padres team at Santa Barbara Polo Club
So far, the audio streaming company Spotify has only one measly 33-minute holiday message from Harry and Meghan in December 2020, despite a deal also worth tens of millions.
Meanwhile, behind-the-scenes Harry and Meghan have caused Spotify executives a world of pain as they publicly spoke up to demand the company take action following the pathetic woke attempt to silence their superstar podcaster Joe Rogan.
The recently announced Meghan podcast Archetypes, which will finally be made available this summer, sounds dull as ditchwater, with the former Suits actress promising to ‘speak with historians and experts’ to uncover the origin of ‘labels that try to hold women back’.
Similarly, the forthcoming Archewell documentary for Netflix about the Invictus Games is unquestionably public service television, but the type of thing the BBC should be making.
Staff at Netflix are well aware that the only reason Heart of Invictus will attract a global audience is by providing a glimpse into the not so private lives of Harry and Meghan.
That’s why the shameless couple trudged from the US for the first time since Megxit to the UK to visit the Queen together, with Netflix cameras in tow.
As much as both sides will publicly try to deny it, there’s a dawning realisation that viewers and listeners have little interest in paying for preaching from Harry and Meghan.
After all, even fans of the couple can get that for free from their various speeches, interviews and website posts.
What they want is dirt, a Kardashian-style insight into life as an exiled member of the Royal Family at war with their blood relatives.
'The "woke mind virus" that Elon Musk believes is spreading through Netflix like a plague has seen its subscriber numbers plummet, causing a crash in the streaming giant’s stock price and a major crisis in confidence'
That clash in aims was always mightily predictable and one of the warnings provided by the couple’s royal advisers as they first proposed a half in/half out model that would allow the couple to make money while continuing to represent the Royal Family.
In reality, such an arrangement was a pipe dream as the companies will demand compelling exclusive content, to hell with royal convention.
The pressure is now on Harry and Meghan to present Netflix with TV shows that will genuinely move the dial, with access to their lives likely to be top of the company’s wish list.
As ever, there was an arrogance with the way Harry and Meghan launched their US tour of royal hatred and lies – they didn’t look after their paymasters.
Harry’s first interview was with James Corden of CBS.
Then there was the couple’s bombshell Oprah special, which resulted in record ratings, but again ended up on CBS.
Even Harry’s most recent tell-all, where he spilled more secrets about the Queen and deepened his family rift by refusing to even mention Prince Charles and William, ended up on NBC.
Even the most relaxed Netflix executive would be raging by this point: When are we going to get our pound of flesh?
The couple were lucky that at the time they were first on the market post-Megxit, Hollywood was awash with streaming money as the international Covid lockdowns resulted in unprecedented viewing numbers.
But as the swift closure of the news service CNN+ after just three weeks shows, a flavour of brutality is now very much part of the streaming wars as the competition becomes intense.
I wouldn’t be surprised if Harry and Meghan are soon faced with a stark choice: Provide us with a juicy show about your lives and the Royal Family or we’re not going to renew your deal.
That’s Hollywood, darling.
You can pretend to be royal all you want, but when you’ve sold out to an entertainment giant, there’s only so long you can resist if you want to keep pocketing the massive cheques.
Netflix is discovering the brutal reality of the truism ‘go woke, go broke’.
Breaking the bank to sign the King and Queen of Woke Harry and Meghan could well end up the biggest mistake in their history. | https://www.dailymail.co.uk/debate/article-10775803/DAN-WOOTTON-Breaking-bank-Harry-Meghan-biggest-mistake-Netflix-history.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-05-02T18:56:49Z | https://www.dailymail.co.uk/debate/article-10775803/DAN-WOOTTON-Breaking-bank-Harry-Meghan-biggest-mistake-Netflix-history.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true | 3 |
William Fichtner is set as a lead opposite Milo Ventimiglia and Catherine Haena Kim in ABC drama pilot The Company You Keep, from 20th Television.
The project, which is based on Korean format My Fellow Citizens that ran for more than 30 episodes on KBS2, follows con man Charlie (Ventimiglia) and undercover CIA officer Emma (Kim). A night of passion leads to love between the pair, who unknowingly are on a collision course professionally. While Charlie ramps up the “family business” so he can get out for good, Emma’s closing in on the vengeful criminal who holds Charlie’s family debts in-hand — forcing them to reckon with the lies they’ve told so they can save themselves and their families from disastrous consequences.
Fichtner will play Leo. A former steel worker turned grifter, Leo is a master of the sleight of hand. Cards, shell games, pick-pocketing, Leo learned the fine art of the misdirect a long time ago. A proud man who’d do anything for his family, Leo has a lifetime of regrets and soon he won’t remember any of them. In the early stage of Alzheimer’s, Leo is determined to pull off one last big score to make his family financially secure before he loses his faculties.
The pilot will be shot off-cycle to accommodate This Is Us star Ventimiglia’s commitment to the departing NBC family drama series.
2022 ABC Pilots & Series Orders
The Company You Keep is being written and exec produced by Julia Cohen. Ventimiglia will exec produce via his DiVide Pictures banner alongside Russ Cundiff with Deanna Harris as producer.
Crazy Rich Asians director Jon M. Chu also will exec produce via his Electric Somewhere label with his partner Caitlin Foito. The Resident showrunner Todd Harthan and The Good Doctor co-exec producer Lindsay Goffman are also exec producing the project, which comes from studio 20th Television, where Ventimiglia’s DiVide Pictures is based.
Fichtner can currently be seen on the Peacock series Joe vs Carole, opposite Kate McKinnon and John Cameron Mitchell. William played Adam opposite Allison Janney on CBS’ hit sitcom Mom, which recently wrapped its eighth and final season. His other TV credits include series regular roles on the international series Crossing Lines and Fox’s Prison Break. On the film side, he currently stars in The Birthday Cake with Ewan McGregor and Val Kilmer, and The Space Between opposite Kelsey Grammer. He made his directorial debut last year with the feature film Cold Brook, and starred alongside Kim Coates. Fichtner is repped by Principal Entertainment LA, Thruline Entertainment, Innovative Artists, and Sloan, Offer, Weber And Dern, LLP.
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Today (May 2) is officially “Megan Thee Stallion Day” in Houston.
Yesterday, Houston Mayor Sylvester Turner awarded the “Sweetest Pie” rapper a key to the city and a special cowboy hat before naming May 2 in her honor. Several members of the City Council were present for the ceremony as well as Megan’s friends and family.
The date coincides with her grandmother and late mother’s birthday.
“Came home real quick to get THEE KEY TO THEE CITY and in honor of my mother and grandmother’s birthday. MAY 2ND is officially MEGAN THEE STALLION DAY IN HOUSTON TX. Thank you Mayor @sylvesterturner for honoring me today and I will continue to give back to the city that made me who I am today #htown,” the three-time GRAMMY-winner said in a social media post.
Turner was happy to give Megan the well-deserved recognition. He said, “Today, I was proud to take a moment to celebrate the philanthropic contributions of Megan @theestallion along with her family and many of our Council Members. Her contributions to #Houston have helped a tremendous amount of people and uplifted our city when we needed it the most.”
He continued by commending the work she’s done within her community when the people of Houston needed it the most. “During the height of the #COVID19 pandemic in April of 2020, Megan donated supplies, money, and tablets to nursing home residents and staff who were isolated and could not have visitors. The tablets helped them stay connected with loved ones who could not go inside the building.”
The Mayor also noted Megan’s persistence in achieving her dreams, no matter the odds. “Megan has experienced the death of both parents at a young age, delayed college graduation until the time was right, overcame challenges, all while using her gifts to benefit the community.”
In 2021, Megan launched the Pete & Thomas Foundation — a non-profit to honor her late parents, Joseph Pete Jr. and Holly Thomas. The foundation focuses on education, housing, health and wellness.
According to ABC 13 in Houston, before yesterday’s ceremony, Megan surprised three people with $5,000 each from her foundation to go towards education, housing and wellness.
Turner ended his message by referring to the “Body” rapper as “Megan Thee Stallion, Megan Thee Philanthropist and Megan Thee Inspiration.”
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Teleflex Incorporated (NYSE:TFX – Get Rating) shares hit a new 52-week low during mid-day trading on Monday after Truist Financial lowered their price target on the stock from $370.00 to $340.00. The company traded as low as $278.93 and last traded at $278.93, with a volume of 5262 shares. The stock had previously closed at $285.62.
A number of other research firms have also weighed in on TFX. TheStreet raised shares of Teleflex from a “c+” rating to a “b-” rating in a research report on Wednesday, April 20th. Raymond James cut their price objective on shares of Teleflex from $391.00 to $370.00 and set an “outperform” rating for the company in a research report on Wednesday, February 23rd. Needham & Company LLC cut their price objective on shares of Teleflex from $425.00 to $400.00 and set a “buy” rating for the company in a research report on Monday, January 31st. StockNews.com started coverage on shares of Teleflex in a research report on Thursday, March 31st. They issued a “buy” rating for the company. Finally, Piper Sandler boosted their price objective on shares of Teleflex from $320.00 to $335.00 in a research report on Thursday, February 24th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $394.58.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. grew its stake in Teleflex by 1.6% during the fourth quarter. BlackRock Inc. now owns 4,856,339 shares of the medical technology company’s stock worth $1,595,212,000 after buying an additional 78,713 shares during the period. Wellington Management Group LLP grew its stake in Teleflex by 2.6% during the third quarter. Wellington Management Group LLP now owns 3,263,400 shares of the medical technology company’s stock worth $1,228,833,000 after buying an additional 82,510 shares during the period. State Street Corp grew its stake in Teleflex by 3.0% during the fourth quarter. State Street Corp now owns 1,952,123 shares of the medical technology company’s stock worth $641,233,000 after buying an additional 56,290 shares during the period. American Century Companies Inc. grew its stake in Teleflex by 0.9% during the third quarter. American Century Companies Inc. now owns 1,325,724 shares of the medical technology company’s stock worth $499,201,000 after buying an additional 12,194 shares during the period. Finally, Atlanta Capital Management Co. L L C grew its stake in Teleflex by 108.3% during the fourth quarter. Atlanta Capital Management Co. L L C now owns 1,058,932 shares of the medical technology company’s stock worth $347,838,000 after buying an additional 550,512 shares during the period. Institutional investors own 92.21% of the company’s stock.
Teleflex (NYSE:TFX – Get Rating) last announced its earnings results on Thursday, April 28th. The medical technology company reported $2.88 earnings per share for the quarter, beating the consensus estimate of $2.72 by $0.16. The business had revenue of $641.70 million during the quarter, compared to the consensus estimate of $631.89 million. Teleflex had a net margin of 17.31% and a return on equity of 17.44%. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.87 earnings per share. On average, sell-side analysts anticipate that Teleflex Incorporated will post 14 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 15th. Stockholders of record on Monday, March 7th were paid a $0.34 dividend. The ex-dividend date was Friday, March 4th. This represents a $1.36 annualized dividend and a dividend yield of 0.49%. Teleflex’s dividend payout ratio (DPR) is presently 13.22%.
About Teleflex (NYSE:TFX)
Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide. It provides vascular access products that comprise Arrow branded catheters, catheter navigation and tip positioning systems, and intraosseous access systems for the administration of intravenous therapies, the measurement of blood pressure, and the withdrawal of blood samples through a single puncture site.
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Receive News & Ratings for Teleflex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teleflex and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.themarketsdaily.com/2022/05/02/teleflex-nysetfx-hits-new-12-month-low-after-analyst-downgrade.html | 2022-05-02T19:09:00Z | https://www.themarketsdaily.com/2022/05/02/teleflex-nysetfx-hits-new-12-month-low-after-analyst-downgrade.html | true | 2 |
TFI International (TSE:TFII – Get Rating) had its target price upped by research analysts at TD Securities from C$125.00 to C$135.00 in a note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 33.07% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the company. Bank of America cut TFI International from a “buy” rating to a “neutral” rating and cut their target price for the stock from C$145.00 to C$118.00 in a research note on Saturday, April 9th. Royal Bank of Canada lifted their target price on TFI International to C$158.50 and gave the stock an “outperform” rating in a research report on Wednesday, February 9th. Scotiabank dropped their price target on TFI International from C$165.00 to C$135.00 in a research report on Friday, April 8th. Cowen reiterated a “buy” rating and set a C$102.00 target price on shares of TFI International in a research report on Monday. Finally, National Bankshares boosted their price target on TFI International from C$142.00 to C$146.00 and gave the stock an “outperform” rating in a research note on Monday. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, TFI International has an average rating of “Buy” and a consensus price target of C$131.29.
Shares of TFII traded down C$1.89 during mid-day trading on Monday, hitting C$101.45. The company’s stock had a trading volume of 234,848 shares, compared to its average volume of 325,951. TFI International has a 52-week low of C$99.47 and a 52-week high of C$148.63. The company’s 50-day moving average is C$120.78 and its 200-day moving average is C$129.52. The company has a current ratio of 0.83, a quick ratio of 0.77 and a debt-to-equity ratio of 91.76. The firm has a market capitalization of C$9.34 billion and a price-to-earnings ratio of 11.40.
TFI International Company Profile (Get Rating)
TFI International Inc provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.
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WFO LUBBOCK Warnings, Watches and Advisories for Tuesday, May 3, 2022
_____
FROST ADVISORY
URGENT - WEATHER MESSAGE
National Weather Service Lubbock TX
130 PM CDT Mon May 2 2022
...FROST ADVISORY IN EFFECT FROM 3 AM TO 9 AM CDT TUESDAY...
* WHAT...Temperatures from 31 to 37 degrees will result in frost
formation.
* WHERE...Bailey, Castro and Parmer Counties.
* WHEN...From 3 AM to 9 AM CDT Tuesday.
* IMPACTS...Frost could harm sensitive outdoor vegetation. Sensitive
outdoor plants may be killed if left uncovered.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Take steps now to protect tender plants from the cold.
_____
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“Ozark” is the most popular show on Netflix, according to the streaming service’s public ranking system.
The final seven episodes of the critically acclaimed crime drama premiered on April 29, catapulting the show back to the top of the trending list. “Ozark” stars Jason Bateman and Laura Linney as Marty and Wendy Byrde, a married couple from Chicago who relocate their family to Lake of the Ozarks in Missouri as part of a money-laundering scheme for a Mexican drug cartel.
The concluding episodes of another popular Netflix show were also released on April 29. “Grace and Frankie” is in second place after part two of the seventh and final season dropped, wrapping up the beloved comedy series about two women who form an unlikely friendship after their husbands reveal they are in love with each other and intend to get married.
Howie Mandel’s new series, “Bullsh*t The Gameshow,” is also trending on the platform. The competition show asks contestants to answer trivia questions ― either correctly or with convincing enough lies.
Beyond the top three, the Colombian thriller “The Marked Heart” (“Pálpito” in Spanish) and “Conversations With a Killer: The John Wayne Gacy Tapes” remain in the ranking after both premiering on April 20.
Read on for the full top 10 list. And if you want to stay informed about everything joining Netflix each week, subscribe to the Streamline newsletter. | https://www.huffpost.com/entry/ozark-popular-netflix-shows_l_62700b53e4b029505df4de6e | 2022-05-02T19:09:39Z | https://www.huffpost.com/entry/ozark-popular-netflix-shows_l_62700b53e4b029505df4de6e | false | 1 |
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Mother’s Day is May 8 and Amazon is slashing the prices of its Alexa-enabled products for holiday gifting. Give mom the gift that talks back, like smart speakers, Fire TVs or even Echo Frames, glasses that connect to the Internet.
Here are some of the Amazon tech products that are up to 50% off and perfect for Mom. | https://www.oregonlive.com/shopping-deals/2022/05/amazon-offers-50-off-alexa-products-for-mothers-day.html | 2022-05-02T19:11:47Z | https://www.oregonlive.com/shopping-deals/2022/05/amazon-offers-50-off-alexa-products-for-mothers-day.html | false | null |
MALVERN, Pa., May 02, 2022 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:
Christopher J. Annas, Chairman and CEO commented “Meridian’s first quarter revenue of $31.1 million generated earnings of $5.5 million, or $0.88 per diluted share. The solid quarterly performance resulted from exceptional growth and earnings from the bank segment. Loan and lease growth was $84.1 million or 26% annualized (excluding PPP loans and mortgage loans held for sale). The net interest margin increased to 3.89% as PPP loans are being replaced by higher yielding commercial loans. The SBA division had an excellent quarter of growth and loan sales, as we continue to expand this business line. Although our mortgage business performance was down due to interest rate increases and a lack of homes for sale, historical seasonality should result in higher second and third quarter volume. We are monitoring expense levels constantly and making adjustments to support profitability.”
Mr. Annas added, “Meridian is getting consistent opportunities to capture market share in our core Philadelphia metro region, benefited by recent consolidations. At the same time we are being watchful of economic and international events that continue to affect supply chains and pricing. Diligence in our credit process towards these opportunities will always be our first priority.”
Balance Sheet Highlights
March 31, 2022 compared to December 31, 2021:
- Total assets increased $118.1 million, or 6.9%, to $1.8 billion as of March 31, 2022.
- Portfolio loans, excluding SBA Paycheck Protection Program ("PPP") loans, grew $84.1 million, or 6.5% quarter-over-quarter, or 26% on an annualized basis. PPP loans decreased $38.6 million, or 43.7%, and mortgage loans held for sale decreased $376 thousand, or 0.5%.
- Quarter-over-quarter portfolio loan growth was most evident in the commercial real estate/construction portfolio which grew $41.0 million, commercial loans and leases which grew $38.7 million, and residential loans which grew $10.3 million, partially offset by a decrease of $4.3 million in SBA loans, and a $1.6 million decrease in home equity loans.
- As of March 31, 2022, we have assisted borrowers with the forgiveness of 904 PPP “round 1” loans totaling approximately $227.4 million, and 324 PPP “round 2” loans totaling approximately $70.0 million.
- Cash and cash equivalents and investments increased a combined $45.4 million or 193.4%.
- During the quarter-ended March 31, 2022, $27.7 million of municipal securities, previously classified as available-for-sale on the balance sheet, were transferred to the held-to-maturity portfolio at fair value. After transfer, $1.3 million of unrealized losses remain in accumulated other comprehensive income. No gain or loss was recognized as a result of the transfer.
- Our combined servicing asset portfolio (which includes both mortgage servicing rights and SBA servicing assets) increased $631 thousand, or 4.9%, to $13.4 million as of March 31, 2022.
- Total deposits grew $118.4 million, or 8.2%, to $1.6 billion as of March 31, 2022. Non-interest bearing deposits grew $16.9 million, or 6.1%, to $291.4 million as of March 31, 2022.
- Total borrowings decreased $5.2 million as short-term borrowings were paid down with available cash on hand. As of March 31, 2022 Federal Reserve’s Paycheck Protection Program Liquidity Facility (“PPPLF”) balances were paid down to $0 as PPP loans have continued to be forgiven or paid off.
Income Statement Highlights
First quarter 2022 compared to fourth quarter 2021:
- Pre-tax, pre-provision income for the Bank in the first quarter 2022 was $8.8 million, an increase of $1.9 million, or 28.5%, led by strong SBA loan sales volume, wealth management income, and other fee income, combined with lower operating expenses for the quarter.
- Consolidated net income was $5.5 million, a decrease of $2.2 million, or 28.3%, largely led by a lower level of non-interest income from mortgage banking activity.
- The return on average equity (“ROE”) and return on average assets (“ROA”) were 13.86% and 1.28%, respectively, for the first quarter 2022, compared to 19.15% and 1.74%, respectively, for the fourth quarter 2021.
- Net interest margin increased to 3.89% from 3.83%, as excess cash and PPP loan payoffs were reinvested in higher yielding commercial portfolios. Interest income, however, declined modestly $287 thousand, or 1.8% due largely to fewer days in the quarter.
- Non-interest income decreased $4.0 million or 23.3%, due to:
- Lower level of mortgage banking revenue, which declined $6.5 million, or 48%, partially offset by increased hedging gains of $2.3 million.
- An increase in SBA loan sale revenue of $1.0 million, or 70.8%.
- An increase in other fee income of $131 thousand, or 11.7%.
- An increase in wealth management revenue of $34 thousand, or 2.7%, due to increased assets under management ("AUM") and favorable market conditions.
- Changes in fair value related to mortgage banking activities were down $236 thousand over the period.
- Provision for loan losses increased $837 thousand due to loan growth, combined with an increase in specific reserves due to impaired loans.
- Non-interest expenses decreased $2.3 million, or 9.7%, as a result of a lower level of salaries and benefits, largely related to variable compensation in the mortgage segment, combined with a decline in incentive and stock based compensation for bank and wealth segments.
- On April 28, 2022, the Board of Directors declared a quarterly cash dividend of $0.20 per common share, payable May 23, 2022, to shareholders of record as of May 16, 2022.
Select Condensed Financial Information
Income Statement Summary
First Quarter 2022 Compared to Fourth Quarter 2021
Net income was $5.5 million, or $0.88 per diluted share, for the first quarter of 2022 compared to net income of $7.7 million, or $1.24 per diluted share, for the fourth quarter of 2021. The $2.2 million decrease in net income quarter-over-quarter was driven largely by a decline in mortgage banking activity, partially offset by an increased level of SBA 7(a) loan sales during the quarter. Non-interest expense decreased $2.3 million and the provision for loan losses increased $837 thousand due to portfolio loan growth combined with the impact of charge-offs, specific reserves and qualitative provisioning during the current quarter.
Interest income decreased $284 thousand, or 1.6%, to $18.0 million from $18.2 million for the fourth quarter of 2021 largely due to having 2 less days in the first quarter of 2022, in addition to a lower level of commercial real estate and construction loan fees, and lower PPP fee income. Quarter-over-quarter, there was combined average balance growth of $67.3 million on commercial loans and leases, small business loans, and residential real estate loans. All of these factors led to a decrease of only 3 basis points in the yield on loans, to 4.71% for the first quarter of 2022. Despite the modest decrease in loan yield, due to lower PPP fee income, PPP loan balances are being replaced by higher yielding commercial loans and leases, as evidenced by the loan portfolio growth discussed in the balance sheet summary section below.
Interest expense remained relatively unchanged from the prior quarter, increasing only $3 thousand, or 0.1%, to $1.9 million. The cost of deposits increased 2 basis points over the prior quarter, as rates in interest checking and money market accounts moved up 1 and 2 basis points, respectively, while the cost of time deposits was lower by 1 basis point.
The net interest margin was 3.89% for the first quarter of 2022 compared to 3.83% for the fourth quarter of 2021. Excluding the impact from PPP, the net interest margin increased 6 basis points to 3.82% for the first quarter 2022 from 3.76% for the fourth quarter of 2021. A reconciliation of this non-GAAP measure is included in the Appendix. Overall based on the above, net interest income decreased $287 thousand, or 1.8%, to $16.0 million from $16.3 million for the fourth quarter of 2021.
The provision for loan losses was $615 thousand for the first quarter of 2022, compared to a $(222) thousand negative provision for the fourth quarter of 2021. The increase in the provision was due to growth in the loan portfolio quarter over quarter, in addition to $567 thousand in leasing charge-offs that were recorded during the first quarter of 2022, and an increase in specific reserves on non-performing loans, offset somewhat by the impacts of qualitative provisioning for economic factors that have continued to improve as we emerge from the COVID-19 pandemic. Nearly all of the first quarter 2022 charge-offs were in our small ticket equipment leasing portfolio.
Total non-interest income for the first quarter of 2022 was $13.1 million, down $4.0 million or 23.3%, from the fourth quarter of 2021. The decrease in non-interest income was due to a decrease of $6.5 million, or 48.0%, in mortgage banking net revenue over the fourth quarter of 2021 as mortgage loan originations were down quarter-over-quarter. Our mortgage segment originated $323.8 million in loans during the first quarter of 2022, a decrease of $104.5 million, or 24.4%, from the prior quarter. Refinance activity represented 36% of the total residential mortgage loans originated for the first quarter of 2022, compared to 33% for the fourth quarter of 2021. The changes in the fair value of derivative instruments and loans held for sale declined a combined $236 thousand during the first quarter of 2022 compared to the fourth quarter of 2021, while there was a $2.8 million gain on hedging activity for the first quarter of 2022, compared to a $563 thousand gain for the fourth quarter of 2021.
As our SBA lending group continues to grow the SBA 7(a) loan portfolio, the pipeline of loan sales activity has remained strong. For the first quarter of 2022 the gain on sale of SBA 7(a) loans increasing $1.0 million, or 70.8%, from the fourth quarter of 2021 as the volume of loans sold increased to $25.2 million in the first quarter of 2022 compared to $15.6 million in loans sold in the fourth quarter of 2021.
Wealth management revenue from our wealth segment increased $34 thousand, or 2.7%, quarter-over-quarter due to the more favorable market conditions that existed in the first quarter of 2022, compared to the fourth quarter of 2021. Assets under management maintained above the $1 billion level as the wealth segment has continued to benefit from favorable market conditions and business development synergies realized between our segments.
Other non-interest income increased $131 thousand, or 11.7%, compared to the fourth quarter of 2021. This increase was largely due to increases in income from our title insurance company and swap premium income.
Total non-interest expense for the first quarter of 2022 was $21.4 million, down $2.3 million or 9.7%, from the fourth quarter of 2021. Total salaries and employee benefits expense was $15.3 million, a net decrease of $1.7 million or 10.2%, compared to the fourth quarter of 2021. Of this decrease, $761 thousand related to the mortgage segment, which recognizes variable compensation based on loan origination volume. Salary and employee benefits were down $983 thousand for the bank and wealth segments due to a decline in stock based compensation quarter-over-quarter.
Occupancy and equipment expense was up $167 thousand, or 15.4%, from the fourth quarter of 2021 due to improvements starting to be made for our operations headquarters which was purchased later in 2021. Information technology costs decreased $157 thousand, or 18.1%, Other non-interest expense declined $619 thousand, or 27.2%, due to a reduction in a reserve for mortgage loan repurchases.
First Quarter 2022 Compared to First Quarter 2021
Net income was $5.5 million, or $0.88 per diluted share for the first quarter of 2022 compared to net income of $10.2 million, or $1.65 per diluted share, for the first quarter of 2021. The decrease of $4.6 million, or 45.6%, was driven largely by a decline in mortgage banking activity, partially offset by the bank segment’s continued improvement from interest income on portfolio loans, combined with increases in SBA 7(a) loan sales and wealth management revenue.
Net interest income was $16.0 million, an increase of $915 thousand, or 6.1%, over net interest income for the first quarter of 2021. This net interest income growth reflects an increase in average interest earning assets of $25.3 million and an increase in the net interest margin of 17 basis points. The increase in net interest margin is a result of a 6 basis point increase in the yield on interest-earning assets, combined with a decrease of 14 basis points in the cost of funds.
The provision for loan losses of $615 thousand for the first quarter of 2022 increased $16 thousand, or 2.67%, from the provision for loan losses recorded for the first quarter of 2021. The first quarter 2021 provision was calculated at the time the COVID-19 pandemic was intensifying locally and nationally and was therefore impacted by increased qualitative provisioning for the economic uncertainty as a result of the pandemic, while the first quarter 2022 provision reflects that certain financial and economic indicators have improved over the last few periods, combined with the impact of a specific reserve applied against the non-performing loan relationship discussed below in the Asset Quality Summary section.
Total non-interest income for the first quarter of 2022 was $13.1 million, down $13.9 million or 51.6% from the comparable period in 2021. This decrease in non-interest income came from our mortgage segment. Mortgage banking net revenue decreased $17.0 million or 70.6% over the first quarter of 2021, resulting from decreased levels of mortgage loan originations as rising interest rates and lack of housing inventory has had an impact on mortgage banking activity. Our mortgage segment originated $323.8 million in loans during the first quarter of 2022, a decrease of $401.2 million, or 55.3%, from the first quarter of 2021. The changes in the fair value of derivative instruments and loans held for sale increased a combined $3.5 million over the period. Net hedging activity declined as the net gain decreased $1.4 million for the first quarter of 2022.
Net revenue from the sales of SBA 7(a) loans increased $1.3 million as $25.2 million in loans were sold in the first quarter of 2022 compared to $13.0 million in loans sold in the first quarter of 2021, an increase of nearly 93.8%. This represents the 5th straight quarter of net revenue from the sales of SBA 7(a) loans of at least $1.2 million. Wealth management revenue increased $168 thousand year-over-year due to an increase of $166.8 million in assets under management over this period, which benefit from the more favorable market conditions, as discussed above. Other fee income was up $173 thousand or 16.1% from the first quarter of 2021, to $1.2 million, due to increases in wire fees, title fee income, and servicing fee income.
Total non-interest expense for the first quarter of 2022 was $21.4 million, down $6.8 million or 24.2%, from the comparable period in 2021. The decrease in non-interest expense is largely attributable to a decrease in salaries and employee benefits expense, which decreased $6.8 million or 30.9%, from the comparable period in 2021. Of this decrease, $7.5 million relates to the mortgage segment, while there was an increase of $680 thousand for the bank and wealth segments due to an increase of 30 in FTE’s and a higher level of stock-based compensation expense.
Advertising and promotion expense increased $201 thousand, or 25.6%, over the comparable period in 2021 as the result of a renewed and focused priority placed on business development and community outreach efforts throughout the Meridian organization. In the first quarter of 2022 the easing of COVID-19 restrictions has provided our team members with much better opportunities to meet with customers and prospective customers as they were accustomed to pre-pandemic.
Information technology expense increased $285 thousand, or 67.1%, to $710 thousand for the first quarter of 2022. Meridian continued with our strategy to invest in technology that focuses on improving back-office efficiencies through automation and workflow processes. In addition, with a focus on cloud-based computing, IT has improved the scalability of storage; reduced the maintenance process; and eliminated the need and cost for further servers. Other non-interest expense decreased $382 thousand, or 18.7%, to $1.7 million for the first quarter of 2022, largely due to a reduction in a reserve for mortgage loan repurchases.
Balance Sheet Summary
As of March 31, 2022, total assets were $1.8 billion, an increase of $118.1 million, or 6.9%, from December 31, 2021. Total assets increased $87.6 million from March 31, 2021. This growth in assets over both periods compared was due to loan portfolio growth, as discussed further below.
Portfolio loans grew $45.4 million, or 3.3%, to $1.4 billion as of March 31, 2022, from $1.4 billion as of December 31, 2021. Overall portfolio loan growth, excluding PPP loans, was 6.5% quarter-over-quarter, or 26% on an annualized basis for 2022. Commercial loans increased $25.0 million, or 8.5%, commercial real estate loans increased $12.9 million, or 2.4%, construction loans increased $28.1 million, or 20.8%, residential real estate loans held in portfolio increased $10.3 million, or 15.1%, and lease financings increased $13.7 million, or 14.7% from December 31, 2021. Partially offsetting the growth in portfolio loans was a decrease of $38.6 million, or 43.7%, in PPP loan balances.
The Corporation adopted ASU 20216-02 ("Leases") as of January 1, 2022, that revised the lessee accounting for our office and equipment leases. As a result of this adoption, a right of use asset of $10.5 million was included in other assets, while a related lease liability of $10.3 million was included in other liabilities as of March 31, 2022.
Deposits were $1.6 billion as of March 31, 2022, up $118.4 million, or 8.2%, from December 31, 2021. Non-interest bearing deposits increased $16.9 million, or 6.1%, from December 31, 2021 due to strong business development efforts.
Interest-bearing checking accounts decreased $16.0 million, or 5.9%, while money market accounts/savings accounts combined decreased $9.5 million, or 1.4%, since December 31, 2021. Certificates of deposits increased $127.0 million, or 61.7%, from December 31, 2021, as such deposits were utilized as an alternative source of wholesale funding due to more favorable interest rates at this time.
Consolidated stockholders’ equity of the Corporation was $157.7 million, or 8.6% of total assets as of March 31, 2022, as compared to $165.4 million, or 9.7% of total assets as of December 31, 2021. The change in stockholders’ equity is the result of year-to-date net income of $5.5 million, offset by dividends of $8.5 million paid during the first three months of 2022, and a $6.4 million decline in accumulated other comprehensive income from the investment security portfolio due to changes in interest rates over this period.
As of March 31, 2022, the Tier 1 leverage ratio was 9.10% for the Corporation and 11.20% for the Bank, the Tier 1 risk-based capital and common equity ratios were 10.09% for the Corporation and 12.41% for the Bank, and total risk-based capital was 13.91% for the Corporation and 13.76% for the Bank. Based on these capital ratio levels, we remain above the Community Bank Leverage Ratio ("CBLR") requirement of 8%. Quarter-end numbers show a tangible common equity to tangible assets ratio (a non-GAAP measure) of 8.40% for the Corporation and 10.40% for the Bank. A reconciliation of this non-GAAP measure is included in the Appendix. Tangible book value per share was $25.04 as of March 31, 2022, compared with $26.37 as of December 31, 2021.
Asset Quality Summary
Asset quality remains a strong focus of management. In the fourth quarter of 2021 one loan relationship for $13.8 million became a non-performing loan relationship and as a result total non-performing loans were $22.8 million as of March 31, 2022, compared to $23.0 million as of December 31, 2021. As of March 31, 2022 there was a specific reserve of $2.3 million against this loan relationship. Consequently the ratio of non-performing assets to total assets was elevated to 1.25% as of March 31, 2022 and 1.34% as of December 31, 2021. Despite the near-term impact to these ratios resulting from this one loan relationship, management feels that overall asset quality remains strong. There was no other real estate property included in non-performing assets for either period.
Meridian realized net charge-offs of 0.04% of total average loans for the quarter ending March 31, 2022, up from the quarter ended December 31, 2021 level of 0.00%. Charge-offs amounted to $567 thousand for the quarter ending March 31, 2022, while recoveries were $20 thousand during this quarter. Nearly all of the charge-offs for the quarter ending March 31, 2022 were from small ticket equipment leases. The ratio of allowance for loan losses to total loans held for investment, excluding loans at fair value and PPP loans (a non-GAAP measure, see reconciliation in the Appendix), was 1.38% as of March 31, 2022 and 1.46% as of December 31, 2021.
About Meridian Corporation
Meridian Bank, the wholly owned subsidiary of Meridian Corporation, is an innovative community bank serving Pennsylvania, New Jersey, Delaware and Maryland. Through more than 20 offices, including banking branches and mortgage locations, Meridian offers a full suite of financial products and services. Meridian specializes in business and industrial lending, retail and commercial real estate lending, electronic payments, and wealth management solutions through Meridian Wealth Partners. Meridian also offers a broad menu of high-yield depository products supported by robust online and mobile access. For additional information, visit our website at www.meridianbanker.com. Member FDIC.
“Safe Harbor” Statement
In addition to historical information, this press release may contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements with respect to Meridian Corporation’s strategies, goals, beliefs, expectations, estimates, intentions, capital raising efforts, financial condition and results of operations, future performance and business. Statements preceded by, followed by, or that include the words “may,” “could,” “should,” “pro forma,” “looking forward,” “would,” “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” or similar expressions generally indicate a forward-looking statement. These forward-looking statements involve risks and uncertainties that are subject to change based on various important factors (some of which, in whole or in part, are beyond Meridian Corporation’s control). Numerous competitive, economic, regulatory, legal and technological factors, risks and uncertainties that could cause actual results to differ materially include, without limitation, the current COVID-19 pandemic and government responses thereto, among others, could cause Meridian Corporation’s financial performance to differ materially from the goals, plans, objectives, intentions and expectations expressed in such forward-looking statements. Meridian Corporation cautions that the foregoing factors are not exclusive, and neither such factors nor any such forward-looking statement takes into account the impact of any future events. All forward-looking statements and information set forth herein are based on management’s current beliefs and assumptions as of the date hereof and speak only as of the date they are made. For a more complete discussion of the assumptions, risks and uncertainties related to our business, you are encouraged to review Meridian Corporation’s filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2021 subsequently filed quarterly reports on Form 10-Q and current reports on Form 8-K that update or provide information in addition to the information included in the Form 10-K and Form 10-Q filings, if any. Meridian Corporation does not undertake to update any forward-looking statement whether written or oral, that may be made from time to time by Meridian Corporation or by or on behalf of Meridian Bank.
Contact
Christopher J. Annas
Chairman & CEO
Cannas@meridianbanker.com
484.568.5000
FINANCIAL TABLES FOLLOW
APPENDIX - FINANCIAL RATIOS
(1) Non-GAAP measure. See reconciliation in the Appendix.
Reconciliation of Non-GAAP Financial Measures
Meridian believes that non-GAAP measures are meaningful because they reflect adjustments commonly made by management, investors, regulators and analysts. This non-GAAP disclosure has limitations as an analytical tool, should not be viewed as a substitute for performance and financial condition measures determined in accordance with GAAP, and should not be considered in isolation or as a substitute for analysis of Meridian’s results as reported under GAAP, nor is it necessarily comparable to non-GAAP performance measures that may be presented by other companies. | https://www.globenewswire.com/news-release/2022/05/02/2433878/0/en/Meridian-Corporation-Reports-1Q-2022-Net-Income-of-5-5-million-or-0-88-Per-Diluted-Share-and-Quarterly-Cash-Dividend-of-0-20-Per-Share.html | 2022-05-02T19:13:32Z | https://www.globenewswire.com/news-release/2022/05/02/2433878/0/en/Meridian-Corporation-Reports-1Q-2022-Net-Income-of-5-5-million-or-0-88-Per-Diluted-Share-and-Quarterly-Cash-Dividend-of-0-20-Per-Share.html | false | 1 |
INDIANAPOLIS (WXIN) — Tammy Brewer said before her daughter Shacare Terry died during an offshore trip to undergo plastic surgery, she had struggled with her weight her whole life.
“She’s been having a hard time because she just wasn’t like a normal kid sometimes and always wanted to be better but got picked on because of her size and things like that,” said Brewer. “Being a big girl at a young age is always not good.”
That’s what convinced Terry, a 31-year-old mother of a toddler, to travel first to Mexico in December for bariatric surgery and then again last month to the Dominican Republic for two body-sculpting surgeries.
“She was just excited for her new journey,” said Nicole Baker, Terry’s aunt. “She talked about the liposuction and the tummy tuck and just the excess skin you have from weight loss.”
Noted Indianapolis plastic surgeon Dr. Greg Chernoff said that such follow-up surgeries so soon after the weight loss surgery pose risks for patients.
“Most of them aren’t surgical candidates metabolically because going through that surgery creates a lot of imbalances metabolically and most of them we won’t even talk to for up to two years after their surgery,” he said.
Just four months after her first surgery and the week before Easter, Terry was on her way to the DR for more work.
“A friend of hers, the girl who also had surgery, said they had took $20,000 down there each because they were told to bring cash, so she did say that, that she had $20,000 and her surgery was [$17,000] and to stay in the recovery home was [$1,500],” said Baker. “The person who went down there with her who had the surgery was essentially her caretaker. She made a post that she was hired to take care of two girls.”
Brewer said her daughter had previous surgical implants that Terry wanted removed by the doctor in the DR.
“She had some butt implants put in before, and no one here would do it, and he said he can take these out and such and such and he needs more money,” said Brewer. “He wanted, I think, four or five thousand more dollars.”
After just two days in the DR, Brewer said her daughter seemed lethargic and sedated during FaceTime calls, so she hopped on a plane to rush to Terry’s side.
“Mind you, I didn’t know nothing about them, I didn’t speak Spanish,” said Brewer. “I called the U.S. Embassy because my concern was, ‘Can you go check on my daughter because I think she needs a higher level of care than what they’re giving her?'”
Brewer said she believes when she arrived at the clinic where Terry was hospitalized, her daughter was already dead.
“I know they screwed up,” said Brewer. “I guess he just knew about plastic surgery. I don’t think he knew about if anything else goes wrong.”
An autopsy performed in the DR found that Terry died of pulmonary edema, cerebral edema and respiratory failure. Edema is swelling caused by fluid trapped in the body’s tissues.
The family said the young mother also had sepsis, an extreme response to infection, and the staff said they were going to put her on dialysis.
“She had a blood transfusion the day before surgery so that she could be prepared for surgery,” said Baker. “The friend noticed it was yellowing of eye whites and the side of her face was yellow so it appeared like she had jaundice or something.”
Chernoff said he will occasionally see patients who consult for his services and then tell him their research indicates a similar surgery can be performed overseas at a lesser cost.
“The internet has become such a double-edge sword for all of us. Every day I see patients who have read an article who now know more than I do after 30 years,” he said. “If one or two or especially three physicians have told you the same thing and it goes against what you want to do, maybe you should listen to these physicians.
“You don’t necessarily want the lowest price when it comes to someone cutting on your face or your body. As with anything in life, you get what you pay for,” he said.
Chernoff said patients should engage surgeons who are board-certified and operate out of a hospital or a clinic connected to a hospital.
“Complications can arise during surgery, and if you go out of the country and something goes wrong, what do you do then? You need to know that your treating physician is local and available to treat you 24/7,” he said.
When asked what patients should do if they are considering leaving the United States for plastic surgery, Brewer echoed Chernoff.
“Research, research, research,” she said.
“And stay in your own country,” said a relative.
The family will have its own autopsy conducted Wednesday on Terry. They have also established a GoFundMe account to finance a potential legal challenge against the doctor who performed her surgery. | https://fox2now.com/news/national/indiana-woman-dies-after-offshore-plastic-surgery/ | 2022-05-02T19:13:41Z | https://fox2now.com/news/national/indiana-woman-dies-after-offshore-plastic-surgery/ | true | 23 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/cleveland-browns/articles/39366758 | 2022-05-02T19:13:44Z | https://sportspyder.com/nfl/cleveland-browns/articles/39366758 | false | null |
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Here’s how it works | https://dan.com/buy-domain/lhgp.app | 2022-05-02T19:19:25Z | https://dan.com/buy-domain/lhgp.app | true | 11201 |
Kalyani, May 2 (PTI) Rajasthan United came from behind to net a last-minute goal against Sreenidi Deccan and win 2-1 in a chaotic I-League match at the Kalyani Stadium here on Tuesday.
Both the sides were locked 1-1 till the 90 minute with Vanlalbiaa Chhangte (34th) scoring for Deccan FC, while Rajasthan equalised three minutes later through Anil Chawan.
Also Read | Indian Men's and Women's Hockey Teams Gain Places in FIH World Rankings.
Eight minutes were added on and chaos ensued in the final minute of stoppage time when coach Fernando Varela was shown a red card, apparently for dissent.
As the Sreenidi coach was fuming while walking away from the dugout, Rajasthan capitalised on the distraction.
Also Read | Manchester United To Not Face Any Competition in Signing Declan Rice This Summer: Report.
A long ball was played into the Sreenidi box and an awkward bounce made it difficult to clear or to collect as Pedro Manzi got on the end of it and slid the ball into the net from an extremely acute angle to snatch the winner.
A win for Rajasthan United after two back-to-back losses saw them cut the gap against Sreenidi down to just one point.
However, Sreenidi Deccan do have a game in hand.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body) | https://www.latestly.com/agency-news/sports-news-rajasthan-united-snatch-last-gasp-win-against-sreenidi-deccan-3661587.html | 2022-05-02T19:19:35Z | https://www.latestly.com/agency-news/sports-news-rajasthan-united-snatch-last-gasp-win-against-sreenidi-deccan-3661587.html | false | 2 |
Biden lunches with Clinton as midterms loom
WASHINGTON (AP) - President Joe Biden had lunch Monday with former President Bill Clinton as Democrats are facing long odds to retain their congressional majorities in November´s midterm elections - a predicament the former president knows only too well from his own time in office.
White House press secretary Jen Psaki declined to say what the pair would discuss, only saying "I´m sure they will have a broad conversation."
Biden and Clinton both eulogized former Secretary of State Madeleine Albright at the funeral for her last week. The lunch comes weeks after former President Barack Obama returned to the White House to meet with Biden and staff, and attend an event marking the tenth anniversary of the passage of the Affordable Care Act. Psaki also revealed Monday that Biden and Obama had a private lunch last week as well.
The Washington Post first reported on the meeting.
While out of office for more than two decades, Clinton remains one of his party's strongest communicators, and is a sought-after surrogate for Democrats. Clinton suffered significant Democratic losses during the 1994 midterms, when Republicans took control of the House and Senate, a fate Biden is trying to avoid.
Former President Bill Clinton speaks during a funeral service for former Secretary of State Madeleine Albright at the Washington National Cathedral, Wednesday, April 27, 2022, in Washington. (AP Photo/Andrew Harnik)
President Joe Biden walks on the South Lawn of the White House after stepping off Marine One, Sunday, May 1, 2022, in Washington. Biden is returning to Washington after attending a memorial service for former Vice President Walter Mondale in Minneapolis. (AP Photo/Patrick Semansky) | https://www.dailymail.co.uk/wires/ap/article-10775903/Biden-lunches-Clinton-midterms-loom.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-05-02T19:25:56Z | https://www.dailymail.co.uk/wires/ap/article-10775903/Biden-lunches-Clinton-midterms-loom.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false | 29 |
The Met Gala 2022 event, which is affectionately referred to as "fashion's biggest night out," is set to be held tomorrow, Monday, May 2, 2022. The Met Gala is a fundraising benefit for the Metropolitan Museum of Art in New York City.
The Met Gala will welcome A-list celebrities, young creatives, industry paragons, and many exceptional guests. However, to commemorate the event, fans, fashion enthusiasts, and nobles can purchase the Met's designer capsule on its official e-commerce site, store.metmuseum.org.
More about the Met's designer capsule ahead of Met Gala 2022
The Costume Institute is hosting its first two-part exhibition, which is on the theme of American fashion. The first part, held on September 18, 2021, was on the theme, "In America: A Lexicon of Fashion."
The upcoming Met Gala on May 2, 2022, is part two and predicated on the theme, "In America: Anthology of Fashion." The event opens on May 5, 2022 in the period rooms of the American Wing.
However, a collection on a similar theme has been released by the Museum on their official e-commerce site. It has also featured prominently on their official Instagram handle, @metmuseum, ever since last September's event.
Fans have another opportunity to shop for the one-of-a-kind capsule releases at the Metropolitan Museum of Art or the official e-commerce site. Upon purchase, they will receive pieces designed in celebration of the institute's "In America" exhibition.
The exclusive designs from the release have been devised by Pyer Moss, Prabal Gurung, Bode, and Christopher John Rogers, among other designers' teams from the institute.
The lineup of the capsule includes 31-pieces which is well-rounded with the addition of water bottles, tees, totes, straw handbags, hair barrettes, tops, sweatshirts, books, hoodies, trucker hats, and mugs.
The new collection recently launched on the site is listed below:
- In America: A Lexicon of Fashion exhibition catalogue can be purchased under the collection for $50.
- Christopher John Rogers High Fashion Drama Met Crystal Graphic Tee can be purchased for $195 in sizes XS to XL.
- Christopher John Rogers High Fashion Drama Met Graphic Tee can be purchased for $175 in pink and green color.
- Pyer Moss Crewneck sweatshirt can be purchased for $325 in black and red colors in sizes XS to XXL.
- Bode Assyrian Guardians at The Met Painted Leather Pouch can be purchased for $212.
- Bode Leaf Motif Barrette can be purchased for $128 in red and white color.
- Bode Jumping Rope Painted Leather Pouch can be purchased for $212.
- Bode Statue of Liberty Painted Leather Pouch can be purchased for $212.
- Gypsy Sport in America Crossword Tote can be purchased for $60.
- Gypsy Sport in America Crossword Tee can be purchased for $65.
- Gypsy Sport Flag Motif Trucker Hat can be purchased for $60.
- Brother Vellies Basket-Woven Handbag can be purchased for $350.
- Brother Vellies American As Me Sweatshirt can be purchased for $135.
- Brother Vellies American As Me Tee can be purchased for $55.
- Prabal Gurung Who Gets To Be American Long-Sleeve Tee can be purchased for $134.
- Prabal Gurung Who Gets To Be American Tee can be purchased for $80.
The collection of pieces are all unique and nods to the elements found at the Costume Institute's exhibitions of Part 1 and 2 Met gala events, “In America: A Lexicon of Fashion” and “In America: An Anthology of Fashion," respectively. Each of these pieces is exclusive to New York-based designers or companies. | https://www.sportskeeda.com/pop-culture/where-buy-met-s-designer-capsule-price-explored-ahead-met-gala-2022 | 2022-05-02T19:26:03Z | https://www.sportskeeda.com/pop-culture/where-buy-met-s-designer-capsule-price-explored-ahead-met-gala-2022 | false | 1 |
Emerson: Financial Results And Unique Product Position Help With Near-Term Challenges
Summary
- Robust financial performance, supported by their pricing power and business niche, helps the company navigate this challenging market environment.
- EMR has good footage in the Green projects, which is expected to be positive with the government's initiatives and transformation of the energy sector.
- At the current price of $96, the valuation still provides the long-term value to hold.
Thesis
While the overall economic challenges overshadow the growth perspectives of industrial sectors overall, Emerson (NYSE:EMR) is in good shape to keep its top-line growth and margin during the next 2 to 3 years. The reasons are:
- The company already has good footage with green projects, which is expected to be positive with the government's initiatives and energy sector transformation.
- The company's automation products, technology, and related services are hard to replace by competition and substitution. Hence, the company can navigate challenges such as wage pressure and supply chain delays.
- With these positive factors in mind, I believe that the current macro-economic challenges are not expected to affect valuation as the company can mitigate the impacts efficiently.
I recommend Emerson at $96 as a "buy" with a 2-3 years' time horizon, with a potential valuation gap from its fair value.
Company Brief
Emerson Electric Co. is a significant manufacturing player of automation products and provides relevant services in the industrial, commercial & consumer markets. Its competitors include Schneider Electric (OTCPK:SBGSF), ABB Ltd (ABB), Honeywell (HON), and Rockwell Automation (ROK).
Emerson has two business segments - Automation Solutions and Commercial and Residential Solutions. EMR produces highly complicated hardware and integrates it with its software capabilities, which places them in an advantageous position as we enter the fourth industrial revolution. Along with its size growth, the company has grown with its scope of technology and pool of engineering talents via acquisitions of prominent related technology companies.
Financial Results (2022 Q1)
Despite the macroeconomic challenges, the company has shown strong resilience. It continues to see strong demand in both of its business segments, helping boost sales and support the earnings expectations for the year. As of the recent earning calls, the financial performance is continuously improving, and it is forecasted to be improved more. In the 2022 Q1 earnings call, the management has increased their underlying sales growth estimates to 7% to 9%, up by 1 point, and the adjusted EPS target is $4.90 to $5.05, about a 10% increase over last year at the midpoint.
With the labor tightening and supply chain situation resolved, I expect that the company financials in 2022-2024 will benefit from realizing the delayed business operations. The macroeconomic impacts include the wage pressure driven by higher inflation expectations and overall cost pressure for its parts components. The pandemic-driven supply chain disruption remains in certain regions like China. It is delaying the procurement of the electronic parts, causing the project lead-time to be delayed. However, these delays in project lead-time will translate back to an increase in their backlog and future orders, given the support of solid demand and the irreplaceable nature of its products and services.
1. Demand for EMR's products is in momentum despite of the economic challenges ahead
I expect that the trend in energy-related projects will continue to be positive, partially attributed by the LNG and the Middle East investments. Portions of these budgets are dedicated to decarbonization, emissions, and energy efficiency projects, which are accelerating as our customers take tangible steps to pursue their ESG targets. For example, some of EMR's awarded contracts are partnering with SirajPower in 2021 to implement the solar rooftop plant, and in 2018, EMR completed a $73 million service in Alberta, Canada, using innovative technology designed to produce ultra-low sulfur diesel for local consumption and export.
According to the recent earnings call, the sustainability and decarbonization element of the funnel is valued at over $800 million, up over $100 million over this time last quarter. Emerson categorizes the green project's revenue into three types: KOB1 (Greenfield), KOB2 (Upgrades & Modernizations), KOB3 (maintenance and repair). Here, KOB3 has demonstrated a strong recovery during the recent period, making KOB3 revenue contribution of 60% of the total.
This implies two facts. First, KOB3 solid demands mean that the company's finance is guaranteed with stable and predictable cash flow, which can generate more monetary value. Second, there is a potential that we may see the rise of KOB1 (initiation of greenfield projects) as the energy sector begins to expand its operation back, but that expansion is supposed to be equipped with decarbonization. Over the next two years, we may see the financial result as the initiation of the green projects begins to accelerate.
2. Stay active in their acquisition and divestitures, expanding its presence in the renewable energy sector
In recent years, EMR has been actively involved in their strategic acquisitions and divestitures, helping to optimize their business model, enhance their product and service offerings, and better position themselves in the energy sector. But of course, to afford such acquisitions, EMR has proven itself to have a sound cash management record.
In December 2021, EMR acquired a Danish company, Mita-Teknik. Mita-Teknik provides software and technologies for wind turbine control, pitch control, wind park control, condition monitoring, communication networks, and grid connections - all designed for high yield, cost-optimized wind turbine operation. The wind turbine market is fragmented, and companies compete for the market share. Through this acquisition, the EMR will have a meaningful foothold in this market, and I view that the direction is optimistic with the potential synergy impacts with EMR's experience with scalability. Having the ability to operate and conduct the business with "the technology platform" will solidify its foothold in the wind power market competitively. In addition, Mita-Teknik's experience and technology will give an advantage for the EMR to save the years of effort in R&D or technology developments in wind power.
3. EMR is resilient and can increase the cost to offset the inflationary cost pressure
EMR has the pricing power and can increase the cost to offset any cost pressure. The company's high-quality products, its Automation hardware, and its package software have a strong brand name and the capability to serve diverse industries and markets. Its cutting-edge technology power enables the company to have the pricing power to the extent that it can offset the increasing cost.
In the 2022 Q1 earnings call, the management mentioned that their pricing programs are offsetting the incremental wage inflation. Freight cost is managed by including surcharges in their pricing. As for the ongoing supply chain constrain, the company is mitigating the impact by seeking alternative ports and leveraging its regionalization strategy. This is a company that shows the ability of market fluidity in times of challenges and the power to control pricing.
Valuation and Opinion
At the current price of $96, I recommend that the EMR is a buy with a fair value of $110, based on my forecast assumptions below.
Sales (short-term, 1Y) : 14.9%
Sales (long-term) : 5.8%
AVG. Gross Margin : 42.5%
AVG. Operating Margin : 17.5%
Estimated EPS (Based on Seeking Alpha) : $ 4.97
Calculated Fair PER : 20.1
This article was written by
Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. | https://seekingalpha.com/article/4505867-emerson-financial-results-and-unique-product-position-help-with-near-term-challenges | 2022-05-02T19:28:59Z | https://seekingalpha.com/article/4505867-emerson-financial-results-and-unique-product-position-help-with-near-term-challenges | false | 1 |
What should you know about STAG Industrial Q1 earnings?
STAG Industrial (NYSE:STAG) is scheduled to announce Q1 earnings results on Tuesday, May 3rd, after market close.
The consensus FFO Estimate is $0.52 (+6.1% Y/Y) and the consensus Revenue Estimate is $156.38M (+16.7% Y/Y).
Earning History: In Q4, the company met estimates as new rent rates jumped.
The company topped estimates or was in line over the last twelve quarters
The SA Quant rating is hold, while SA Authors and Wall St. average rating is buy. As per the quant rating, STAG slipped to the 9th position with a 2.93 score from the 3rd position in Feb. 2022 among industrial REIT stocks.
Over the last 1 year, STAG has beaten FFO estimates 100% of the time and has beaten revenue estimates 100% of the time. | https://seekingalpha.com/news/3830374-what-should-you-know-about-stag-industrial-q1-earnings | 2022-05-02T19:32:10Z | https://seekingalpha.com/news/3830374-what-should-you-know-about-stag-industrial-q1-earnings | false | null |
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- Lizzo celebrated her birthday in style this week, sharing a video compilation on Instagram that features a slew of spicy bikini shots and a peek at a mystery man who went on vacation with her.
- The singer-songwriter was absolutely glowing as she enjoyed some pool and boat time.
- To stay this strong, Lizzo hits it hard in the gym, opting for jump rope sessions and strength training, and she follows a plant-based, vegan diet.
Lizzo just celebrated her 34th birthday (HBD, Lizzo!!!) and it looks like she had the *best* time. Want proof? She shared a BTS video on Instagram and it’s all kinds of awesome. The birthday girl was simply glowing, showing off her super strong bod in a variety of bikinis.
The video kicks off with Lizzo on a private plane, enjoying a celebratory treat with a mystery person (who very well might be her new boyfriend!). Cut to shots of Lizzo kicking back at a resort in Utah. Then there's Lizzo enjoying a cocktail while hanging in the pool, Lizzo looking super strong while relaxing on the front of a boat in a bright orange bikini and colorful coverup, and Lizzo relaxing in the mud.
Followers then see the "Good As Hell" singer lounging in a stunning hot pink dress and a clip of her playing the flute…because why not? It all wraps up with another pool shot where she's wearing yet another gorgeous bikini...and a man makes a brief appearance behind her.
People cheered her on in the comments. “Happy birthday Queen ❤️😍😍😍😍,” one person wrote. “ANOTHER YEAR SLAYING THE GAME,” someone else chimed in. Worth noting: Plenty of people pointed out the mystery man who appeared in a few shots, too.
Lizzo shared even more shots of herself in that gorgeous hot pink dress that showed off her strong legs. “LIVING🍑🍑🍑🍑,” she wrote in the caption.
While Lizzo was getting her relaxation on last week, she has made it clear that she works hard to stay strong. (Seriously, just check out her TikToks.)
Case in point: Lizzo dropped a compilation video of her workouts in May 2021, showing the singer completely owning a slew of exercises, including Battle ropes, kettlebell squats, and sled work.
"The best transformations are the ones only you can see," she wrote in the caption.
In June 2020, she showed more of a BTS look at her workouts. And I am here for the affirmations!
“Hey, so I’ve been working out consistently for the last five years and it may come as a surprise to some of y'all that I’m not working out to have your ideal body type,” she said in the video. “I’m working out to have my ideal body type. And you know what type that is? None of your f------ business because I am beautiful, I am strong, I do my job and I stay on my job.”
In November, Lizzo shared on Instagram that she’s working on her flexibility and is specifically working alongside her trainer, Wade Bryant, to try to learn how to do a split.
Of course, Lizzo gets plenty of cardio during her performances, too. Just try to recreate this without getting completely wiped:
Lizzo also fuels her body with nutrient-rich, plant-based foods. She's has been a vegetarian for a while, but she shared in 2020 that she became a vegan. "As a new vegan, I'm enjoying exploring flavors from plants & plant-based proteins! Every journey is personal & deserves to be celebrated,” she captioned a series of TikTok videos.
Lizzo, can I come on your next vacay?! | https://www.womenshealthmag.com/fitness/a39876160/lizzo-string-bikini-birthday-instagram-video/ | 2022-05-02T19:37:34Z | https://www.womenshealthmag.com/fitness/a39876160/lizzo-string-bikini-birthday-instagram-video/ | false | 1 |
Delta Asset Management LLC TN reduced its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW – Get Rating) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 267,848 shares of the home improvement retailer’s stock after selling 1,939 shares during the quarter. Lowe’s Companies comprises approximately 6.1% of Delta Asset Management LLC TN’s holdings, making the stock its 2nd largest position. Delta Asset Management LLC TN’s holdings in Lowe’s Companies were worth $69,233,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Carlson Capital Management purchased a new stake in shares of Lowe’s Companies during the fourth quarter valued at $303,000. Aries Wealth Management lifted its stake in Lowe’s Companies by 573.5% in the 4th quarter. Aries Wealth Management now owns 33,474 shares of the home improvement retailer’s stock worth $8,652,000 after acquiring an additional 28,504 shares in the last quarter. Essex Financial Services Inc. lifted its stake in Lowe’s Companies by 56.5% in the 3rd quarter. Essex Financial Services Inc. now owns 4,949 shares of the home improvement retailer’s stock worth $1,004,000 after acquiring an additional 1,786 shares in the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co lifted its stake in Lowe’s Companies by 18.8% in the 3rd quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 4,040 shares of the home improvement retailer’s stock worth $820,000 after acquiring an additional 640 shares in the last quarter. Finally, Pinnacle Associates Ltd. lifted its stake in Lowe’s Companies by 0.6% in the 4th quarter. Pinnacle Associates Ltd. now owns 40,078 shares of the home improvement retailer’s stock worth $10,359,000 after acquiring an additional 249 shares in the last quarter. 75.46% of the stock is owned by institutional investors.
Shares of Lowe’s Companies stock traded up $1.73 during trading on Monday, reaching $199.46. The stock had a trading volume of 145,346 shares, compared to its average volume of 4,136,566. The company has a market capitalization of $131.87 billion, a price-to-earnings ratio of 16.78, a P/E/G ratio of 1.18 and a beta of 1.32. The stock has a fifty day moving average price of $214.07 and a two-hundred day moving average price of $231.38. Lowe’s Companies, Inc. has a 52 week low of $182.08 and a 52 week high of $263.31.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 4th. Stockholders of record on Wednesday, April 20th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Tuesday, April 19th. Lowe’s Companies’s payout ratio is 26.73%.
LOW has been the subject of several research analyst reports. Wells Fargo & Company reduced their price objective on Lowe’s Companies from $295.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, April 7th. Wedbush dropped their target price on Lowe’s Companies from $260.00 to $240.00 in a research report on Thursday, February 24th. Telsey Advisory Group upped their target price on Lowe’s Companies from $275.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, February 24th. Loop Capital dropped their target price on Lowe’s Companies from $240.00 to $190.00 in a research report on Tuesday, April 12th. Finally, Gordon Haskett dropped their target price on Lowe’s Companies from $285.00 to $255.00 in a research report on Monday, March 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating and nineteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $259.76.
About Lowe’s Companies (Get Rating)
Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States and internationally. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, lighting, and electrical.
Further Reading
- Get a free copy of the StockNews.com research report on Lowe’s Companies (LOW)
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- Enphase Energy Has a Sunny Future With Some Clouds in the Short Term
- Why is Chevron Stock Falling After Strong Earnings?
Want to see what other hedge funds are holding LOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lowe’s Companies, Inc. (NYSE:LOW – Get Rating).
Receive News & Ratings for Lowe's Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lowe's Companies and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.wkrb13.com/2022/05/02/delta-asset-management-llc-tn-sells-1939-shares-of-lowes-companies-inc-nyselow.html | 2022-05-02T19:38:17Z | https://www.wkrb13.com/2022/05/02/delta-asset-management-llc-tn-sells-1939-shares-of-lowes-companies-inc-nyselow.html | false | 1 |
Lions’ Brad Holmes explains Day 2 NFL Draft decisions
The Detroit Lions’ coaching staff and scouting department felt strongly in the choices made on Day 2 of the NFL Draft. After making a splash on Day 1 by trading up for wideout Jameson Williams, the Lions continued to build their defense. General manager Brad Holmes explained to...
www.theoaklandpress.com | https://www.newsbreak.com/news/2588502476457/lions-brad-holmes-explains-day-2-nfl-draft-decisions | 2022-05-02T19:45:13Z | https://www.newsbreak.com/news/2588502476457/lions-brad-holmes-explains-day-2-nfl-draft-decisions | false | null |
How did the great resignation disrupt the future of work?
More people quit their jobs in 2021 than any year on record. Was this a result of the pandemic or a bigger shift in the workplace?
Examined
Examined
How we can build a clean and renewable future
Apr 19The fight for Kyiv
Mar 11Examining extremism in the military
Apr 27Gun violence: An American epidemic?
Oct 25Border crisis: What’s happening at the US-Mexico border?
Jun 18Remembering George Floyd: A year of protest
May 25The source of COVID-19: What we know
Apr 07How did the GameStop stock spike on Wall Street happen?
Feb 12Why are people hesitant to trust a COVID-19 vaccine?
Dec 10How climate change and forest management make wildfires harder to contain
Sep 29Disparity in police response: Black Lives Matter protests and Capitol riot
Feb 232020 in review: A year unlike any other
Dec 22Examined: How Putin keeps power
Mar 12Why don’t the Electoral College and popular vote always match up?
Oct 29US crosses 250,000 coronavirus deaths
Nov 182nd Impeachment Trial: What this could mean for Trump
Feb 08Presidential transition of power: Examined
Dec 01How Donald Trump spent his last days as president
Jan 18How Joe Biden's inauguration will be different from previous years
Jan 15Belarus’ ongoing protests: Examined
Dec 04Trump challenges the vote and takes legal action
Nov 052020’s DNC and RNC are different than any before
Aug 17What is happening with the USPS?
Aug 20Voting in 2020 during COVID-19
Oct 13Disinformation in 2020
Oct 30
ABC News Specials on
Superstar: Patrick Swayze
The Kardashians -- An ABC News Special
24 Months That Changed the World
Have You Seen This Man?
Two Men at War
Putin's War: The Battle to Save Ukraine
Screen Queens Rising
X / o n e r a t e d - The Murder of Malcolm X and 55 Years to Justice
Homegrown: Standoff to Rebellion
Alec Baldwin: Unscripted
The Housewife and the Shah Shocker
City of Angels | City of Death
3212 UN-REDACTED
The Informant: Fear and Faith in the Heartland
Out of the Shadows: The Man Behind the Steele Dossier
Wild Crime
Final Hours, America’s Longest War
Superstar
The Housewife and the Hustler
Tulsa's Buried Truth | https://abcnews.go.com/US/video/great-resignation-disrupt-future-work-84449885 | 2022-05-02T19:55:24Z | https://abcnews.go.com/US/video/great-resignation-disrupt-future-work-84449885 | false | 6856 |
Veer recently spoke with Vipin Raghuwanshi of Sony Sports Network and was asked about how it felt to finally debut on WWE RAW after months of build-up. He noted that it was worth the wait, and also revealed how the energy from the fans felt.
“It feels great,” he said. “It does not feel like it was me alone who joined RAW, but 1.4 billion Indians, plus the fans all around the world have joined with me. I know we have waited for 5-6 months. But, I think the wait was worth it. It was worth it for me. It was worth it for all the fans around the world.
“We are seeing that energy. I felt the energy transformed, just as soon as I got my entrance, from them to me and I was able to give them back what they have been waiting for so long.”
Veer was also asked about how it feels to be a WWE Superstar, one that Indian fans can cheer for. He noted that he’s thankful WWE allows him to represent his tradition and culture by wearing his dhoti as ring gear, and the tripund (three lines) on his forehead.
“I am grateful for WWE to allow me to be express and represent the 1.4 billion people back in India, allowing me to represent my tradition and culture,” he said. “That’s massive. I don’t think there is any other platform that allows you to express the culture and tradition.
“I am able to wear the ring gear that I have grew up seeing my grandfather and father wear, Dhoti, and I am able to perform in it. When I was a kid, I use to go to the temple and apply the tripund on my forehead. I am able to apply that here also. So, I am forever grateful for that to WWE Universe.”
Veer recalled meeting 2022 WWE Hall of Famer The Undertaker when asked about the most memorable moment from his short WWE career so far. He talked about meeting The Dead Man shortly before his RAW debut.
“Before my debut, I ran into Undertaker,” he recalled. “I had a few call sessions with Undertaker at Performance Center. And it was great to see Undertaker backstage when I was getting ready for my debut. He goes, ‘Man, are you ready for this?’ I said, ‘Yes, sir. Now, you are here and I am ready to go.’ That was one of the most memorable moment.”
Veer debuted by attacking The Mysterios on the post-WrestleMania 38 edition of RAW, and then defeated Dominik Mysterio the following week. He squashed enhancement talent Jeff Brooks on the April 18 RAW, and then dominated enhancement talent Sam Smothers last week.
Stay tuned for more.
(H/T to ITN for the quotes)
Have a news tip or correction? Send it to [email protected] | https://www.wrestlinginc.com/news/2022/05/veer-recalls-interaction-with-the-undertaker-before-wwe-raw-debut/ | 2022-05-02T19:55:38Z | https://www.wrestlinginc.com/news/2022/05/veer-recalls-interaction-with-the-undertaker-before-wwe-raw-debut/ | true | 1 |
Browns’ Perrion Winfrey Has Incredible Quote on Media Call
The new Cleveland defensive tackle: “I’m coming into kill right away with my boy Myles Garrett … This s— is over with.”
The moment the Browns selected Oklahoma defensive tackle Perrion Winfrey at No. 108 in the 2022 NFL draft on Saturday, he made it clear that he is ready to get to work immediately.
“I’m coming in to kill right away with my boy Myles Garrett, the best defensive end in the game,” Winfrey said. “This s— is over with.”
Garrett, in response, was clearly excited by the energy from his rookie counterpart.
“JUICED UP NO COFFEE NEEDED!!!!! Let’s get to work,” Garrett tweeted on Saturday.
Winfrey’s said his high level of excitement stems from his humble beginnings.
“It comes from having nothing,” Winfrey said on the media call after being drafted. “I come from nothing, I’ve never had nothing. Anything in my life that I had to get, I had to go get it. Nothing was ever given to me. This grit, this passion, everything about me, I’ve never had nothing.
... If you’re not playing juiced up, why are you playing this game?”
Winfrey spent his first two years of his college career at Iowa Western Community College before he transferred to Oklahoma and turned himself into an NFL draft prospect in the Big 12.
The Maywood, Illinois native recorded six sacks and 42 tackles in two years with the Sooners. He was also the MVP of the Reese’s Senior Bowl.
Cleveland drafting Winfrey makes him the third defensive tackle drafted under Andrew Berry, following Jordan Phillips in 2020 and Tommy Togiai in 2021.
More NFL Coverage:
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- Sean McVay Clarifies Comments About Patriots’ First Round Pick
- Shanahan: Deebo Samuel Trade Offers Not ‘Remotely Close’
- Browns Digest: NFL writer calls Baker Mayfield to Seattle a lock
For more Cleveland Browns coverage, go to Browns Digest . | https://www.newsbreak.com/news/2588504171452/browns-perrion-winfrey-has-incredible-quote-on-media-call | 2022-05-02T19:55:55Z | https://www.newsbreak.com/news/2588504171452/browns-perrion-winfrey-has-incredible-quote-on-media-call | false | 2 |
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