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CT Albany NY Zone Forecast for Wednesday, July 27, 2022
_____
248 FPUS51 KALY 280735
ZFPALY
FPUS51 KALY 280733
ZFPALY
Zone Forecast Product for Eastern New York and Western New England
National Weather Service Albany NY
333 AM EDT Thu Jul 28 2022
CTZ001-282000-
Northern Litchfield-
Including the city of Torrington
333 AM EDT Thu Jul 28 2022
.TODAY...Partly sunny. Scattered showers with isolated thunderstorms
this morning, then a chance of showers and scattered thunderstorms
this afternoon. Some thunderstorms may produce gusty winds and heavy
rainfall this afternoon. Highs in the mid 80s. South winds 5 to
10 mph. Chance of rain 50 percent.
.TONIGHT...Partly cloudy. Scattered thunderstorms with a chance of
showers in the evening. Humid with lows in the mid 60s. Southwest
winds 5 to 10 mph, becoming west after midnight. Chance of rain
40 percent.
.FRIDAY...Mostly sunny. A chance of showers in the afternoon. Humid
with highs in the lower 80s. West winds 5 to 10 mph. Chance of rain
30 percent.
.FRIDAY NIGHT...Mostly cloudy in the evening, then becoming partly
cloudy. A 30 percent chance of showers. Lows around 60. West winds
5 to 10 mph, becoming northwest after midnight.
.SATURDAY...Sunny. Highs in the upper 70s. Northwest winds 5 to
10 mph.
.SATURDAY NIGHT AND SUNDAY...Mostly clear. Lows in the upper 50s.
Highs in the lower 80s.
.SUNDAY NIGHT...Partly cloudy. Lows in the lower 60s.
.MONDAY AND MONDAY NIGHT...Mostly clear. Highs in the mid 80s. Lows
in the mid 60s.
.TUESDAY AND TUESDAY NIGHT...Partly cloudy. A chance of showers and
thunderstorms. Hot. Highs in the mid 80s. Lows in the mid 60s.
Chance of rain 30 percent.
.WEDNESDAY...Sunny, hot with highs in the mid 80s.
$$
CTZ013-282000-
Southern Litchfield-
Including the cities of Oakville, New Milford, Terryville,
and Woodbury
333 AM EDT Thu Jul 28 2022
.TODAY...Partly sunny. Patchy fog this morning. Scattered showers
with isolated thunderstorms this morning, then a chance of showers
and scattered thunderstorms this afternoon. Some thunderstorms may
produce gusty winds and heavy rainfall this afternoon. Hot with
highs in the mid 80s. South winds 5 to 10 mph. Chance of rain
40 percent.
.TONIGHT...Partly cloudy with a chance of showers and scattered
thunderstorms in the evening, then mostly clear after midnight.
Humid with lows in the upper 60s. Southwest winds 5 to 10 mph in the
evening, becoming light and variable. Chance of rain 40 percent.
.FRIDAY...Mostly sunny. A chance of showers in the afternoon. Hot
with highs in the mid 80s. West winds 5 to 10 mph. Chance of rain
30 percent.
.FRIDAY NIGHT...Mostly cloudy. A chance of showers in the evening.
Humid with lows in the lower 60s. West winds around 5 mph in the
evening, becoming light and variable. Chance of rain 30 percent.
.SATURDAY...Sunny. Highs in the mid 80s. Northwest winds 5 to
10 mph.
.SATURDAY NIGHT AND SUNDAY...Mostly clear. Hot. Lows in the lower
60s. Highs in the mid 80s.
.SUNDAY NIGHT...Partly cloudy. Lows in the mid 60s.
.MONDAY AND MONDAY NIGHT...Mostly clear. Hot. Highs in the upper
80s. Lows in the mid 60s.
.TUESDAY AND TUESDAY NIGHT...Partly cloudy. A chance of showers.
Hot. Highs in the upper 80s. Lows in the upper 60s. Chance of rain
30 percent.
.WEDNESDAY...Sunny, hot with highs in the upper 80s.
$$
_____
Copyright 2022 AccuWeather | https://www.lmtonline.com/weather/article/CT-Albany-NY-Zone-Forecast-17334247.php | 2022-07-28T08:03:41Z | https://www.lmtonline.com/weather/article/CT-Albany-NY-Zone-Forecast-17334247.php | true | 10 |
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Comedian Lil Duval was airlifted to the hospital following a devastating car accident on Tuesday.
The 45-year-old entertainer was driving his all-terrain vehicle in the Bahamas when he was struck by car, and had to be rushed to to the hospital.
Lil Duval took to Instagram to share a video of himself strapped to a gurney being unloaded off an ambulance and onto a plane, to receive medical treatment in Nassau, the capital of the Bahamas.
"Somebody hit me in they car while i was on my 4 wheeler," he captioned the clip. "Now my leg broke and i gotta get flown over to nassau and have surgery."
He also shared his appreciation for the outpouring of support and well-wishes from his friends and fans, tweeting, "I appreciate everybody checking up on me but if you call and i don’t pick up don’t take it the wrong way. I’m really [f**ked] up and can’t move cuz I’m in so much pain."
He later added that he actually was injured even worse than he first thought.
"Broke my hip not my leg and that’s even worse 😫 but I’m still chillin tho can’t nothing steal my joy," he wrote on Instagram.
Many of his famous friends shared their love and concern in the comments on his initial post revealing the accident.
2 Chainz commented "Dam bro i hope you good bru," while TI shared some advice, writing, "aaaaaan I'm gon pray that you get well first. Then find it in yo heart to sitcho old ass down somewhere & rest big bro.... Amen 🙏🏽."
"Get Well My Guy 🙏🏾" Ludacris remarked, while Jamie Foxx had a bit more of an insistent directive, commenting, "Get well right now."
Fellow comic Kevin Hart echoed those sentiments sweetly sharing, "Praying for you champ…Get well immediately…"
RELATED CONTENT: | https://www.kare11.com/article/entertainment/entertainment-tonight/lil-duval-airlifted-to-hospital-after-car-hits-his-atv-in-the-bahamas/603-eef62cd8-479a-4e98-bfeb-b36b5fe660bf | 2022-07-28T08:12:33Z | https://www.kare11.com/article/entertainment/entertainment-tonight/lil-duval-airlifted-to-hospital-after-car-hits-his-atv-in-the-bahamas/603-eef62cd8-479a-4e98-bfeb-b36b5fe660bf | true | 11 |
American Eagle Outfitters, Inc. (NYSE:AEO – Get Rating) has been given an average rating of “Hold” by the fifteen brokerages that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $18.31.
A number of research analysts have recently commented on AEO shares. Telsey Advisory Group cut their price target on shares of American Eagle Outfitters from $25.00 to $17.00 and set a “market perform” rating on the stock in a report on Friday, May 27th. Deutsche Bank Aktiengesellschaft cut their price target on shares of American Eagle Outfitters from $30.00 to $15.00 in a report on Friday, May 27th. StockNews.com lowered shares of American Eagle Outfitters from a “hold” rating to a “sell” rating in a research note on Friday, June 24th. Bank of America lowered shares of American Eagle Outfitters from a “neutral” rating to an “underperform” rating and set a $8.00 price objective for the company. in a research note on Tuesday. Finally, Morgan Stanley lowered shares of American Eagle Outfitters from an “equal weight” rating to an “underweight” rating and lowered their price objective for the stock from $22.00 to $8.00 in a research note on Tuesday, May 31st.
Insider Buying and Selling at American Eagle Outfitters
In related news, Director Noel Joseph Spiegel acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 16th. The stock was purchased at an average cost of $11.65 per share, with a total value of $116,500.00. Following the transaction, the director now directly owns 30,000 shares of the company’s stock, valued at approximately $349,500. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last ninety days, insiders bought 31,932 shares of company stock valued at $379,435. 8.20% of the stock is currently owned by insiders.
Hedge Funds Weigh In On American Eagle Outfitters
American Eagle Outfitters Trading Up 5.8 %
AEO stock opened at $11.63 on Thursday. The company has a quick ratio of 0.81, a current ratio of 1.74 and a debt-to-equity ratio of 0.29. American Eagle Outfitters has a twelve month low of $10.82 and a twelve month high of $35.62. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 6.72, a price-to-earnings-growth ratio of 0.81 and a beta of 1.31. The firm’s fifty day simple moving average is $12.15 and its two-hundred day simple moving average is $16.61.
American Eagle Outfitters (NYSE:AEO – Get Rating) last posted its quarterly earnings results on Thursday, May 26th. The apparel retailer reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.08). The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.14 billion. American Eagle Outfitters had a return on equity of 28.05% and a net margin of 7.07%. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.48 earnings per share. As a group, analysts anticipate that American Eagle Outfitters will post 1.29 earnings per share for the current year.
American Eagle Outfitters Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, July 22nd. Shareholders of record on Friday, July 8th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 6.19%. The ex-dividend date of this dividend was Thursday, July 7th. American Eagle Outfitters’s payout ratio is 41.62%.
About American Eagle Outfitters
American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company provides jeans, and specialty apparel and accessories for women and men; and intimates, apparel, activewear, and swim collections, as well as personal care products for women.
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Receive News & Ratings for American Eagle Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Eagle Outfitters and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.tickerreport.com/banking-finance/9188999/american-eagle-outfitters-inc-nyseaeo-receives-consensus-rating-of-hold-from-analysts.html | 2022-07-28T08:13:15Z | https://www.tickerreport.com/banking-finance/9188999/american-eagle-outfitters-inc-nyseaeo-receives-consensus-rating-of-hold-from-analysts.html | true | 1 |
The thing about going on an overseas holiday is wanting to document every single thing.
But sometimes rules and strict regulations make getting the perfect shot damn near impossible.
The Queen’s Guard stationed in front of London’s Buckingham Palace is one such example.
According to Quora, the men of the Household Brigade, consisting of the two cavalry and five foot regiments, are serving combat soldiers.
Get too close and you may see yourself staring down a bayonet.
One tourist learnt this the hard way when she got too close to a guard’s horse in an attempt to have a photo taken.
She tried to grab hold of the reins, but this proved too much for the guard who shouted at her: “Stand back from the Queen’s lifeguard, don’t touch the reins!”
Startled by his abrupt reaction, she quickly backed away.
The video was shared on TikTok with the caption: “We Will Never Return To London After This Incident”, and immediately went viral.
The post, which has since been taken down, caused quite an online stir.
Before its removal, it had already been viewed more than 4.1 million times, British newspaper the “Evening Standard” reported.
In response to the incident, a spokesperson for the British army told The Mirror: “We take all incidents like this seriously and want to ensure all those who visit Horse Guards have an enjoyable time.
“This area is particularly busy with tourists and on occasions the soldiers undertaking Guard duty need to shout loudly to alert members of the public if they get too close to the horses, which happened in this case.”
The spokesperson also added that signs placed alongside the horse boxes warn visitors not to get too close to the horses as they could be bitten. | https://www.iol.co.za/travel/world/europe/watch-queens-guard-shouts-at-tourist-for-touching-horse-while-posing-for-photo-1f99ec5a-0bee-4cef-b12a-5d89877aa78d | 2022-07-28T08:14:12Z | https://www.iol.co.za/travel/world/europe/watch-queens-guard-shouts-at-tourist-for-touching-horse-while-posing-for-photo-1f99ec5a-0bee-4cef-b12a-5d89877aa78d | false | 1 |
Pinnacle West Capital (NYSE:PNW – Get Rating) had its price target raised by analysts at Morgan Stanley from $70.00 to $71.00 in a report released on Tuesday, Stock Target Advisor reports. The firm currently has an “equal weight” rating on the utilities provider’s stock. Morgan Stanley’s price objective would indicate a potential downside of 1.48% from the stock’s previous close.
A number of other equities analysts have also commented on PNW. StockNews.com assumed coverage on Pinnacle West Capital in a report on Thursday, March 31st. They issued a “hold” rating for the company. Credit Suisse Group started coverage on Pinnacle West Capital in a research note on Monday, April 25th. They set an “underperform” rating and a $73.00 price objective for the company. UBS Group dropped their price objective on Pinnacle West Capital from $74.00 to $67.00 and set a “sell” rating for the company in a research note on Thursday, June 30th. KeyCorp lifted their price objective on Pinnacle West Capital from $62.00 to $64.00 and gave the company an “underweight” rating in a research note on Wednesday, April 20th. Finally, Barclays dropped their price objective on Pinnacle West Capital from $78.00 to $68.00 and set an “underweight” rating for the company in a research note on Monday, July 18th. Seven investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $71.62.
Pinnacle West Capital Stock Performance
NYSE:PNW opened at $72.07 on Tuesday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.00 and a quick ratio of 0.76. The business has a fifty day simple moving average of $72.68 and a two-hundred day simple moving average of $73.01. Pinnacle West Capital has a 1 year low of $62.78 and a 1 year high of $86.42. The company has a market capitalization of $8.14 billion, a P/E ratio of 13.60 and a beta of 0.33.
Insider Activity at Pinnacle West Capital
In related news, SVP Barbara D. Lockwood sold 3,489 shares of the business’s stock in a transaction dated Tuesday, May 17th. The stock was sold at an average price of $74.25, for a total transaction of $259,058.25. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.31% of the stock is owned by company insiders.
Institutional Trading of Pinnacle West Capital
Large investors have recently bought and sold shares of the company. National Bank of Canada FI bought a new stake in Pinnacle West Capital during the 4th quarter valued at approximately $25,000. City State Bank bought a new stake in shares of Pinnacle West Capital in the 4th quarter worth approximately $27,000. Carolinas Wealth Consulting LLC boosted its position in shares of Pinnacle West Capital by 9,200.0% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 372 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 368 shares in the last quarter. Retirement Group LLC bought a new stake in shares of Pinnacle West Capital in the 4th quarter worth approximately $28,000. Finally, First Horizon Advisors Inc. boosted its position in shares of Pinnacle West Capital by 58.1% in the 1st quarter. First Horizon Advisors Inc. now owns 408 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 150 shares in the last quarter. 80.89% of the stock is owned by institutional investors.
Pinnacle West Capital Company Profile
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities.
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Receive News & Ratings for Pinnacle West Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle West Capital and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.tickerreport.com/banking-finance/9189042/pinnacle-west-capital-nysepnw-given-new-71-00-price-target-at-morgan-stanley.html | 2022-07-28T08:15:33Z | https://www.tickerreport.com/banking-finance/9189042/pinnacle-west-capital-nysepnw-given-new-71-00-price-target-at-morgan-stanley.html | false | 1 |
Currently, there are 1,798 active patients in Mumbai out of whom 201 are being treated in hospitals and 18 are on oxygen support
A young girl gets her Covid shot at Batliboi Compound, Byculla. Pic/Ashish Raje
On Wednesday, there was an increase in testing figures and a bit of a rise in the number of cases, too. There were 283 new cases reported out of the 9,926 samples tested. Also, two people succumbed to the virus. The test positivity rate stood at three per cent.
Of the 283 fresh cases, 20 patients needed hospitalisation and five were put on oxygen support. The total Covid tally went up to 11,23,634. Currently, there are 1,798 active patients in Mumbai out of whom 201 are being treated in hospitals and 18 are on oxygen support. The city reported two deaths in the past 24 hours. As per BMC officials, a 77-year-old and 83-year-old suffering from another ailment lost their lives.
The total death count due to Covid stood at 19,646. In the past 24 hours, 288 patients recovered from Covid, taking the total recovery count to 1,102,190. On Wednesday, the state reported 2,138 cases after which the total Covid count went up to 80,39,319. On the other hand, 2,279 patients recovered taking the total recovery tally to 78,77,288.
On Wednesday, eight deaths were reported in the state. Apart from two in Mumbai, Pune, Buldhana, and Kolhapur reported one death each, while three people died in Satara. The total death toll stood at 1,48,088 and the fatality rate is 1.84 per cent as per the state health officials. Out of 2,138 cases in the state, 508 cases were reported in the Mumbai metropolitan region (MMR) and 673 patients were reported from the Pune circle.
80,39,319
Total no of cases in Maharashtra
508
Total no of cases reported in MMR in the last 24 hours
2
No of deaths in city on Wednesday
288
Patients recovered and discharged in city on Wednesday | https://www.mid-day.com/mumbai/mumbai-news/article/mumbai-reports-283-new-covid-19-cases-and-two-deaths-23238122 | 2022-07-28T08:18:20Z | https://www.mid-day.com/mumbai/mumbai-news/article/mumbai-reports-283-new-covid-19-cases-and-two-deaths-23238122 | true | 1 |
Credit profiles of poultries are expected to turn positive supported by higher accruals, even as short-term working capital requirement rises, an analysis of 80 CRISIL-rated ones, which account for a tenth of the industry’s revenue, indicates. Revenue growth this fiscal would be largely attributable to higher prices, as capacities remain constrained.
In the past two fiscals, poultries had restricted capacity addition, amid the pandemic. Consequently, consumption growth in meat and eggs was just 5% and 4% at 4.3 lakh tonne and 120 billion, respectively, last fiscal over 2021. With demand continuing to be robust because of rising population, higher per-capita consumption of meat, and increasing preference for protein-rich diet, poultries have been operating at near-full capacity utilisation.
Also, with the hotels, restaurants, and cafes (HORECA) segment now going at full tilt, demand is outstripping supply, leading to higher wholesale price for broiler chicken. The price of broiler meat is expected to average Rs 135-140 per kg this fiscal, a 30% on-year increase from the average price of Rs 104 per kg last fiscal.
On the other hand, prices of maize and soymeal, key poultry feeds, have shot up almost 35% due to supply crunch and are unlikely to ease during the year. That will lead to lower margins for a second consecutive fiscal year.
Himank Sharma, Director, Ratings said “Realisation will continue to be robust given strong demand for broiler meat. The onset of the festive season in the third quarter will also support demand. Although higher input costs will dent EBIDTA margin by 50-60 bps to 5.7% this fiscal, it would still be on a par with the pre-pandemic levels.”
Poultries are expected to increase capacity by 12% this fiscal because of strong demand and near-full capacity utilisation. These capacities are expected to come on stream early next fiscal given that it requires just 3-6 months to set up such facilities and turn them fully operational. Higher cash accruals and low capital intensity will mean less on external debt to fund capex. Thus, despite working capital requirements rising with input costs, debt will be under check.
Added Jayashree Nandakumar, Associate Director, CRISIL Ratings, “The credit profiles of poultries will improve with comfortable balance sheets. Net cash accrual against debt (NCATD) and interest coverage ratios are expected to be at 0.5 time and 6 times, respectively, this fiscal, better than the pre-pandemic levels."
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The government raised another ₹4,000 crore on the second day of the 5G spectrum auctions, taking its total proceeds from the sale to ₹1.49 lakh crore. The action on Wednesday was muted, though some circles saw intense bidding in the mid band or C-band (3.3-3.67 GHz), and high band (26 GHz) for the second successive day.
Airtel, Jio Select 5G Gear Partners, Voda Idea in TalksBharti Airtel and Reliance Jio Infocomm are believed to have finalised their 5G equipment partners, awarding contracts to Finland’s Nokia, Sweden’s Ericsson and Korea’s Samsung, officially shutting out Chinese vendors Huawei and ZTE from the rollouts of the next-gen technology.
SC Upholds PMLA Provisions’ ValidityThe Supreme Court has upheld the constitutional validity of the provisions of the Prevention of Money Laundering Act (PMLA), calling it a “unique and special legislation” and underlining the powers of the Directorate of Enforcement (ED) to hold inquiries, arrest people and attach property.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News. | https://economictimes.indiatimes.com/news/economy/indicators/indias-poultry-industry-revenue-drives-up-by-over-30-to-rs-2500-billion/articleshow/93181936.cms | 2022-07-28T08:22:18Z | https://economictimes.indiatimes.com/news/economy/indicators/indias-poultry-industry-revenue-drives-up-by-over-30-to-rs-2500-billion/articleshow/93181936.cms | false | 1 |
Rover Group (NASDAQ:ROVR – Get Rating) will be releasing its earnings data after the market closes on Thursday, August 4th. Analysts expect Rover Group to post earnings of ($0.03) per share for the quarter. Rover Group has set its FY 2022 guidance at EPS and its Q2 2022 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Rover Group (NASDAQ:ROVR – Get Rating) last posted its quarterly earnings results on Monday, May 9th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.01). Rover Group had a negative net margin of 72.28% and a negative return on equity of 21.97%. The business had revenue of $28.00 million during the quarter, compared to analyst estimates of $26.51 million. During the same period in the previous year, the business posted ($0.35) EPS. The business’s revenue for the quarter was up 133.3% compared to the same quarter last year. On average, analysts expect Rover Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Rover Group Trading Up 1.6 %
Shares of NASDAQ:ROVR opened at $4.33 on Thursday. The stock’s fifty day simple moving average is $4.44 and its two-hundred day simple moving average is $5.25. Rover Group has a 1-year low of $3.61 and a 1-year high of $15.59. The stock has a market cap of $787.80 million, a PE ratio of -3.55 and a beta of 0.69.
Analysts Set New Price Targets
Insider Activity at Rover Group
In related news, CFO Tracy Knox sold 8,463 shares of the business’s stock in a transaction dated Wednesday, June 8th. The stock was sold at an average price of $4.86, for a total value of $41,130.18. Following the sale, the chief financial officer now directly owns 266,795 shares in the company, valued at approximately $1,296,623.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CFO Tracy Knox sold 8,463 shares of the business’s stock in a transaction dated Wednesday, June 8th. The stock was sold at an average price of $4.86, for a total value of $41,130.18. Following the sale, the chief financial officer now directly owns 266,795 shares in the company, valued at approximately $1,296,623.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Aaron Easterly sold 29,317 shares of Rover Group stock in a transaction dated Wednesday, June 8th. The shares were sold at an average price of $4.86, for a total value of $142,480.62. Following the transaction, the chief executive officer now directly owns 3,212,156 shares of the company’s stock, valued at approximately $15,611,078.16. The disclosure for this sale can be found here. In the last three months, insiders have sold 56,706 shares of company stock worth $275,591.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Lazard Asset Management LLC purchased a new position in shares of Rover Group during the first quarter worth about $62,000. Walleye Trading LLC purchased a new position in shares of Rover Group during the first quarter worth about $79,000. Prelude Capital Management LLC purchased a new stake in Rover Group in the first quarter worth approximately $104,000. Ensign Peak Advisors Inc purchased a new stake in Rover Group in the first quarter worth approximately $109,000. Finally, Engineers Gate Manager LP boosted its stake in Rover Group by 92.7% in the first quarter. Engineers Gate Manager LP now owns 33,179 shares of the company’s stock worth $191,000 after buying an additional 15,957 shares in the last quarter. Hedge funds and other institutional investors own 78.77% of the company’s stock.
Rover Group Company Profile
Rover Group, Inc operates an online marketplace for pet care worldwide. It connects pet parents with pet providers who offer overnight services, including boarding and in-home pet sitting, as well as daytime services, such as doggy daycare, dog walking, drop-in visits, grooming, and training. The company is headquartered in Seattle, Washington.
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Receive News & Ratings for Rover Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rover Group and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.tickerreport.com/banking-finance/9189232/rover-group-rovr-set-to-announce-earnings-on-thursday.html | 2022-07-28T08:24:38Z | https://www.tickerreport.com/banking-finance/9189232/rover-group-rovr-set-to-announce-earnings-on-thursday.html | true | 1 |
Amid Food Shortage Fears, 2000+ Dead Cattle Are Mass Buried as Kansas Takes Emergency Action to Dispose of Carcasses
A massive number of American-bred cattle are dying, and a lack of proper disposal could lead to similarly massive food shortages.
According to an exclusive June 16 report from Reuters, the high level of heat and humidity in June led to the death of at least 2,000 cattle in Kansas.
On Tuesday, Reuters followed up the report with a disturbing update — top U.S. cattle feeding companies were sending many of these cattle carcasses to a Kansas landfill. They were then flattened and mixed with trash while others were buried in unlined graves.
“Cattle Empire, a feedyard in Satanta, Kansas, that supplies Tyson Foods (TSN.N), put carcasses in landfills and buried others in unlined pits with the mineral lime to break down the bodies faster,” Reuters reported.
While “cows that die of heat stress are not processed into meat for human consumption,” they can be used for other products.
Normally, cattle carcasses of this nature would be harvested into “pet food and fertilizer products,” but, because of the overwhelming number of dead cattle, “the state government and cattle feeders” were forced to take “emergency measures.”
Experts speculate this waste of resources could contribute to American food shortages. If true, it’s unlikely the American people will be able to rely on Joe Biden to find any sort of workable solution.
In fact, he’s already making things much worse.
Biden’s refusal to ramp up domestic oil production and eagerness to help pass massive government spending bills is already contributing greatly to inflation, which has caused many Americans to make a difficult choice — food or fuel.
Additionally, this Bidenflation is causing fuel and fertilizer prices — both of which are vital to food production — to skyrocket.
In July, the heat killed thousands of American cattle. Experts are worried that this could lead to food shortages.
Meanwhile, what is the Biden administration doing? Sending $331 million to fight food shortages… to Latin America and the Caribbean.
— Michael Austin (@mikeswriting) July 27, 2022
And how has Biden chosen to prioritize his response to this impending crisis? By sending $331 million to fight food shortages in Latin America and the Caribbean.
The White House announced as much on June 9, around the same time that thousands of Kansas cattle were dying.
According to John Boyd Jr., the National Black Farmers Association president, Biden needs to do better.
“We continue to help other parts of the world, but we haven’t taken care of American farmers,” Boyd said.
“We have to do better at taking care of America’s farmers and taking care of those American people first.
“The Biden administration isn’t moving and acting swiftly enough to address the farm crisis,” he added.
“You have the high cost of fuel, the high cost of fertilizer and lime and all of these upfront costs for America’s farmers, and we haven’t done anything … to fix that.”
If the Biden administration fails to act soon, Boyd has one shocking prediction for what is to come next — “empty food shelves.”
If only Biden and his cohorts cared less about “social justice” and more about the American people.
Truth and Accuracy
We are committed to truth and accuracy in all of our journalism. Read our editorial standards. | https://www.westernjournal.com/amid-food-shortage-fears-2000-dead-cattle-mass-buried-kansas-takes-emergency-action-dispose-carcasses/?utm_source=facebook&utm_medium=conservativealliance&utm_campaign=lminetwork&utm_content=2022-07-28 | 2022-07-28T08:27:00Z | https://www.westernjournal.com/amid-food-shortage-fears-2000-dead-cattle-mass-buried-kansas-takes-emergency-action-dispose-carcasses/?utm_source=facebook&utm_medium=conservativealliance&utm_campaign=lminetwork&utm_content=2022-07-28 | true | 24 |
Wesley Fofana has become the latest Premier League star to be linked with a Chelsea transfer after missing out on Jules Kounde, but completing a deal will not be easy
Full ArticleWesley Fofana’s friend drops huge Chelsea transfer hint on Instagram amid Blues talks
Football.london
0 shares
1 views | https://www.onenewspage.com/n/Sports/1zocoa1g0y/Wesley-Fofana-friend-drops-huge-Chelsea-transfer.htm | 2022-07-28T08:28:02Z | https://www.onenewspage.com/n/Sports/1zocoa1g0y/Wesley-Fofana-friend-drops-huge-Chelsea-transfer.htm | true | null |
'Leave It to Beaver' Star Tony Dow Dead After False Announcement
Published
"Leave It to Beaver" star Tony Dow has officially died just one day after he was falsely pronounced dead under the mistaken belief of his wife.
Full ArticlePublished
"Leave It to Beaver" star Tony Dow has officially died just one day after he was falsely pronounced dead under the mistaken belief of his wife.
Full ArticleTony Dow has died at 77 years old — just one day after his wife mistakenly said he had passed away.
Tony Dow, , ‘Leave It to
Beaver’ Star, , Dead at 77.
Dow's official Facebook page made the announcement on July.. | https://www.onenewspage.com/n/US/1zocoa1bf1/Leave-It-to-Beaver-Star-Tony-Dow-Dead.htm | 2022-07-28T08:29:09Z | https://www.onenewspage.com/n/US/1zocoa1bf1/Leave-It-to-Beaver-Star-Tony-Dow-Dead.htm | false | null |
A Tory sports minister has been mocked after she appeared to forget that Glasgow was the last UK city to host the Commonwealth games.
Nadine Dorries, a right-wing MP and Boris Johnson loyalist, was in Birmingham this morning to promote the opening of the 2022 sporting event which is being hosted in the West Midlands.
The UK Secretary of State for Sport told BBC News: "We've not had a sense of sporting occasion like this since the 2012 Olympics".
The 2014 Commonwealth Games was the largest sporting event ever held in Scotland and saw more than 7,000 athletes travel to Glasgow from 71 nations.
It saw sporting icons like Usain Bolt compete at a specially-constructed athletics track at Hampden Park.
Dorries said: "I arrived last night and the city is buzzing today. It's fantastic to see.
"I don't think we've had a sense of occasion, particularly a sense of sporting occasion, like this since the 2012 Olympics. It's amazing for Birmingham, and for the West Midlands, and for sport itself.
"It's a great day and it's exciting."
But her apparent attempt at airbrushing Glasgow out of Commonwealth Games history did not go down well with everyone.
And others pointed out the same mistake had been repeated on other UK news channels.
Trevor Andrews tweeted: "Oh dear Nadine, seems she forgot Scotland is part of the UK".
Bob White added: "Another politician who doesn’t do detail. Where have we seen that before?"
Tom Moffat commented: "Same error on C4 News last night. Did you not hear me shouting at the TV?"
And Ross Munro quipped: "Nads doing her little bit for Scottish independence".
The 2022 Commonwealth Games open today and will be hosted at 15 venues across the West Midlands.
To sign up to the Daily Record Politics newsletter, click here. | https://www.dailyrecord.co.uk/news/politics/nadine-dorries-mocked-tory-sports-27596856 | 2022-07-28T08:29:48Z | https://www.dailyrecord.co.uk/news/politics/nadine-dorries-mocked-tory-sports-27596856 | false | 1 |
-
Trump is trying again to get absolute immunity from civil lawsuits related to the Capitol riot.
-
Trump’s team filed an application on July 27 to appeal an earlier court decision.
-
The February judgment ruled that Trump could be held liable for wrongdoing in civil suits.
Former President Donald Trump is trying once again to get a court to grant him absolute immunity against civil suits related to the January 6, 2021, Capitol riot.
Filing in the US Court of Appeals for the District of Columbia Circuit on Wednesday, Trump’s team appealed for the reversal of US District Judge Amit Mehta’s February decision.
Mehta’s ruling stated that Trump could be held civilly liable in lawsuits related to the Capitol riot.
Noting the repeated use of the word “we” in Trump’s statements, Mehta said that this implied that Trump and rally-goers would have been “acting together toward a common goal” on January 6, 2021.
“That is the essence of a civil conspiracy,” the judge wrote.
The filing by Trump’s team was first shared by Politico reporter Josh Gerstein in a tweet on Wednesday night.
In the filing, Trump’s lawyers argued that there are existing means of punishing a president for bad behavior which don’t involve civil suits.
Citing impeachment as an example, they wrote that a “Democratic-controlled House” had already taken Trump to task for the riot, claiming that any further lawsuits would amount to harassment. The Senate acquitted Trump in a 57-43 vote.
They also stated that “hyperbole about the violence of January 6” should not undermine Trump’s protection from legal action as a former president.
“President Trump is shielded by absolute presidential immunity because his statements were on matters of public concern and therefore well within the scope of the robust absolute immunity afforded all presidents,” Trump’s team stated in the filing.
The former president’s lawyers also stated that Trump wants wants oral arguments in the case to answer the “important constitutional question” of whether he has absolute immunity.
The application comes amid a Rolling Stone report that Trump believes running for president in 2024 will grant him legal immunity. The former president is currently facing multiple legal troubles including investigations into his company’s finances.
He could also face a Department of Justice investigation into his role in the Capitol riot. This notion was raised again last week when Attorney General Merrick Garland said that the DOJ was looking to hold to account all who are “criminally responsible” for the riot.
Read the original article on Business Insider | https://www.thehamdenjournal.com/world/trump-is-asking-an-appeals-court-to-give-him-absolute-immunity-from-civil-lawsuits-linked-to-the-january-6-capitol-riot/277570/ | 2022-07-28T08:31:34Z | https://www.thehamdenjournal.com/world/trump-is-asking-an-appeals-court-to-give-him-absolute-immunity-from-civil-lawsuits-linked-to-the-january-6-capitol-riot/277570/ | true | 3 |
‘Eva’ Director Kike Maíllo Talks Buzzy Art Fraud Documentary ‘El Falsificador’
With a knack for forming tight bonds with rightfully-elusive subjects, Spanish filmmaker Kike Maíllo, who shot to fame with sci-fi debut “Eva,” takes an engrossing and sympathetic look into haute-crime as it pertains to one of the world’s preeminent art forgers, Oswald Aulestia Bach. In...
www.sfgate.com | https://www.newsbreak.com/news/2679234874199/eva-director-kike-ma-llo-talks-buzzy-art-fraud-documentary-el-falsificador | 2022-07-28T08:35:00Z | https://www.newsbreak.com/news/2679234874199/eva-director-kike-ma-llo-talks-buzzy-art-fraud-documentary-el-falsificador | true | null |
CA Phoenix AZ Zone Forecast for Wednesday, July 27, 2022
_____
330 FPUS55 KPSR 280806
ZFPPSR
Zone Forecast Product for Southwest Arizona/Southeast California
National Weather Service Phoenix AZ
105 AM MST Thu Jul 28 2022
This is an automatically generated product that provides average
values for large geographical areas and may not be representative
of the exact location that you are interested in. For a more site
specific forecast, please visit weather.gov/phoenix and either
(1) Select a location from the dropdown menu above the map or
(2) Click a location on the map. You can refine your selection by
clicking on the map displayed on the resulting page.
AZZ537-540-542>544-546-548-550-551-281100-
Northwest Valley-Buckeye/Avondale-Deer Valley-Central Phoenix-
North Phoenix/Glendale-Scottsdale/Paradise Valley-East Valley-
South Mountain/Ahwatukee-Southeast Valley/Queen Creek-
Including the cities of Circle City, Surprise, Wittmann, Beardsley,
Sun City West, Avondale, Cashion, Goodyear, Liberty, Peoria, Phoenix,
Paradise Valley, Mesa, Chandler, Tempe, Gilbert, Sun Lakes,
and Queen Creek
105 AM MST Thu Jul 28 2022
...FLOOD WATCH IN EFFECT THROUGH LATE TONIGHT...
.TONIGHT...Considerable cloudiness with a chance of showers and
thunderstorms. Heavy rainfall possible. Lows 77 to 83. East wind 5 to
10 mph. Chance of rain 30 percent.
.THURSDAY...Partly cloudy with a chance of showers and thunderstorms.
Heavy rainfall possible. Highs 94 to 99. Southeast wind around 5 mph
in the morning becoming southwest 5 to 10 mph in the afternoon.
Chance of rain 40 percent.
.THURSDAY NIGHT...Considerable cloudiness. A slight chance of showers
and thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Heavy rainfall possible. Lows 78 to 83.
East wind 5 to 10 mph. Chance of rain 30 percent.
.FRIDAY...Considerable cloudiness in the morning then becoming partly
cloudy. A chance of showers and thunderstorms. Highs 94 to 99.
Southeast wind around 5 mph in the morning becoming west in the
afternoon. Chance of rain 40 percent.
.FRIDAY NIGHT...Partly cloudy. A slight chance of showers and
thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Lows 78 to 83. West wind 5 to 10 mph in
the evening becoming east around 5 mph after midnight. Chance of rain
30 percent.
.SATURDAY...Partly cloudy with a 40 percent chance of showers and
thunderstorms. Highs 95 to 100.
.SATURDAY NIGHT...Partly cloudy. A slight chance of showers and
thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Lows in the mid 70s to lower 80s.
Chance of rain 40 percent.
.SUNDAY...Partly cloudy with a 50 percent chance of showers and
thunderstorms. Highs in the mid to upper 90s. Rainfall around a tenth
of an inch, except locally higher in thunderstorms.
.SUNDAY NIGHT...Partly cloudy. A slight chance of showers and
thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Lows in the upper 70s to lower 80s.
Chance of rain 30 percent.
.MONDAY...Partly cloudy. A chance of showers and thunderstorms in the
morning, then a slight chance of afternoon showers and thunderstorms.
Highs 97 to 102. Chance of rain 30 percent.
.MONDAY NIGHT...Partly cloudy with a 20 percent chance of showers and
thunderstorms. Lows in the upper 70s to lower 80s.
.TUESDAY...Partly cloudy. A chance of showers and thunderstorms in
the morning, then a slight chance of afternoon showers and
thunderstorms. Highs 97 to 102. Chance of rain 30 percent.
.TUESDAY NIGHT...Partly cloudy with a 20 percent chance of showers
and thunderstorms. Lows in the upper 70s to mid 80s.
.WEDNESDAY...Partly cloudy. A slight chance of showers and
thunderstorms in the morning, then a chance of afternoon showers and
thunderstorms. Highs 96 to 101. Chance of rain 30 percent.
$$
AZZ541-549-555-281100-
Cave Creek/New River-Fountain Hills/East Mesa-
Apache Junction/Gold Canyon-
Including the cities of Scottsdale, Fountain Hills,
and Apache Junction
105 AM MST Thu Jul 28 2022
...FLOOD WATCH IN EFFECT THROUGH LATE TONIGHT...
.TONIGHT...Partly cloudy with a slight chance of showers and
thunderstorms. Heavy rainfall possible. Lows 71 to 81. East wind 5 to
10 mph. Chance of rain 20 percent.
.THURSDAY...Partly cloudy in the morning then considerable
cloudiness. A chance of showers and thunderstorms. Heavy rainfall
possible. Highs 92 to 97. Southeast wind around 5 mph in the morning
becoming southwest 5 to 10 mph in the afternoon. Chance of rain
50 percent. Rainfall less than a quarter of an inch, except locally
higher in thunderstorms.
.THURSDAY NIGHT...Considerable cloudiness with a chance of showers
and thunderstorms. Heavy rainfall possible. Lows 71 to 81. East wind
5 to 10 mph. Chance of rain 30 percent.
.FRIDAY...Considerable cloudiness with a chance of showers and
thunderstorms. Highs 91 to 96. Southeast wind 5 to 10 mph in the
morning becoming west in the afternoon. Chance of rain 50 percent.
Rainfall around a tenth of an inch, except locally higher in
thunderstorms.
.FRIDAY NIGHT...Partly cloudy. A slight chance of showers and
thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Lows 71 to 81. Southwest wind 5 to
10 mph in the evening becoming east around 5 mph after midnight.
Chance of rain 30 percent.
.SATURDAY...Partly cloudy with a 40 percent chance of showers and
thunderstorms. Highs in the mid to upper 90s.
.SATURDAY NIGHT...Partly cloudy. A slight chance of showers and
thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Lows 70 to 80. Chance of rain
40 percent.
.SUNDAY...Partly cloudy with a 50 percent chance of showers and
thunderstorms. Highs in the mid to upper 90s. Rainfall around a tenth
of an inch, except locally higher in thunderstorms.
.SUNDAY NIGHT...Partly cloudy. A slight chance of showers and
thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Lows in the lower 70s to lower 80s.
Chance of rain 30 percent.
.MONDAY...Partly cloudy with a 30 percent chance of showers and
thunderstorms. Highs in the mid to upper 90s.
.MONDAY NIGHT...Partly cloudy. A slight chance of showers and
thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Lows in the lower 70s to lower 80s.
Chance of rain 30 percent.
.TUESDAY...Partly cloudy with a 30 percent chance of showers and
thunderstorms. Highs in the mid to upper 90s.
.TUESDAY NIGHT...Partly cloudy with a 30 percent chance of showers
and thunderstorms. Lows in the lower 70s to lower 80s.
.WEDNESDAY...Partly cloudy. A slight chance of showers and
thunderstorms in the morning, then a chance of afternoon showers and
thunderstorms. Highs in the mid to upper 90s. Chance of rain
30 percent.
$$
AZZ553-554-281100-
Northwest Pinal County-West Pinal County-
Including the cities of Casa Grande, Cactus Forest, Florence,
and Coolidge
105 AM MST Thu Jul 28 2022
...FLOOD WATCH IN EFFECT THROUGH LATE TONIGHT...
.TONIGHT...Partly cloudy with a slight chance of showers and
thunderstorms. Heavy rainfall possible. Lows 71 to 81. Southeast wind
5 to 10 mph. Chance of rain 20 percent.
.THURSDAY...Partly cloudy with a chance of showers and thunderstorms.
Heavy rainfall possible. Highs 93 to 98. South wind 5 to 10 mph in
the morning becoming west in the afternoon. Chance of rain
40 percent.
.THURSDAY NIGHT...Partly cloudy. A chance of thunderstorms and a
slight chance of showers in the evening, then a chance of showers and
thunderstorms after midnight. Heavy rainfall possible. Lows 70 to 80.
Southeast wind 5 to 10 mph. Chance of rain 30 percent.
.FRIDAY...Partly cloudy with a chance of showers and thunderstorms.
Highs 93 to 98. South wind 5 to 10 mph in the morning becoming west
in the afternoon. Chance of rain 40 percent.
.FRIDAY NIGHT...Partly cloudy. A slight chance of showers and
thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Lows 70 to 80. South wind 5 to 10 mph.
Chance of rain 30 percent.
.SATURDAY...Partly cloudy with a 40 percent chance of showers and
thunderstorms. Highs in the mid to upper 90s.
.SATURDAY NIGHT...Partly cloudy with a 40 percent chance of showers
and thunderstorms. Lows in the upper 60s to upper 70s.
.SUNDAY...Considerable cloudiness with a chance of showers and
thunderstorms in the morning, then partly sunny with a slight chance
of afternoon showers and thunderstorms. Highs in the mid to upper
90s. Chance of rain 50 percent. Rainfall less than a quarter of an
inch, except locally higher in thunderstorms.
.SUNDAY NIGHT...Partly cloudy. A slight chance of showers and
thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Lows 70 to 80. Chance of rain
30 percent.
.MONDAY...Partly cloudy. A chance of showers and thunderstorms in the
morning, then a slight chance of afternoon showers and thunderstorms.
Highs 95 to 100. Chance of rain 30 percent.
.MONDAY NIGHT...Partly cloudy. A slight chance of showers and
thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Lows in the lower 70s to lower 80s.
Chance of rain 30 percent.
.TUESDAY...Partly cloudy. A chance of showers and thunderstorms in
the morning, then a slight chance of afternoon showers and
thunderstorms. Highs 96 to 101. Chance of rain 30 percent.
.TUESDAY NIGHT...Partly cloudy. A slight chance of showers and
thunderstorms in the evening, then a chance of showers and
thunderstorms after midnight. Lows in the lower 70s to lower 80s.
Chance of rain 30 percent.
.WEDNESDAY...Partly cloudy with a 30 percent chance of showers and
thunderstorms. Highs in the mid to upper 90s.
$$
CAZ566-281100-
Imperial County West-
Including the cities of Coolidge Springs, Salton City, Winona,
Coyote Wells, Ocotillo, and Plaster City
105 AM PDT Thu Jul 28 2022
.TONIGHT...Partly cloudy. Lows 77 to 87. West wind 5 to 10 mph.
.THURSDAY...Partly sunny. Highs 103 to 108. North wind 5 to 10 mph in
the morning becoming east in the afternoon.
.THURSDAY NIGHT...Mostly clear in the evening then becoming partly
cloudy. Lows 77 to 87. Southwest wind 10 to 20 mph.
.FRIDAY...Partly sunny. Highs 101 to 106. East wind 5 to 15 mph.
.FRIDAY NIGHT...Mostly clear in the evening then becoming partly
cloudy. Lows 77 to 87. Southeast wind 5 to 15 mph.
.SATURDAY...Partly sunny. A 20 percent chance of afternoon showers
and thunderstorms. Highs 101 to 106.
.SATURDAY NIGHT...Partly cloudy. A 20 percent chance of showers and
thunderstorms after midnight. Lows in the upper 70s to upper 80s.
.SUNDAY...Partly cloudy. A slight chance of showers and thunderstorms
in the morning, then a chance of afternoon showers and thunderstorms.
Highs 101 to 106. Chance of rain 30 percent.
.SUNDAY NIGHT...Partly cloudy with a 20 percent chance of showers and
thunderstorms. Lows in the upper 70s to upper 80s.
.MONDAY...Partly sunny with a 20 percent chance of showers and
thunderstorms. Highs 102 to 107.
.MONDAY NIGHT...Mostly clear. Lows in the mid 70s to mid 80s.
.TUESDAY...Partly sunny. Highs 103 to 108.
.TUESDAY NIGHT...Partly cloudy. Lows in the mid 70s to mid 80s.
.WEDNESDAY...Partly sunny. Highs 101 to 106.
$$
CAZ562-281100-
Imperial County Southwest-
Including the city of Mountain Spring
105 AM PDT Thu Jul 28 2022
.TONIGHT...Partly cloudy and breezy. Lows 79 to 89. Southwest wind
10 to 20 mph. Gusts up to 30 mph.
.THURSDAY...Partly sunny. Highs 103 to 108. West wind 10 to 15 mph in
the morning becoming east 5 to 15 mph in the afternoon.
.THURSDAY NIGHT...Mostly clear in the evening then becoming partly
cloudy. Windy. Lows 79 to 89. Southwest wind 15 to 25 mph. Gusts up
to 35 mph in the evening decreasing to 30 mph after midnight.
.FRIDAY...Partly sunny in the morning then becoming mostly sunny.
Highs 101 to 106. East wind 5 to 15 mph.
.FRIDAY NIGHT...Mostly clear and breezy. Lows 79 to 89. South wind
10 to 20 mph in the evening becoming west after midnight. Gusts up to
30 mph in the evening.
.SATURDAY...Partly sunny. A 20 percent chance of afternoon showers
and thunderstorms. Highs 101 to 106.
.SATURDAY NIGHT...Partly cloudy. A 20 percent chance of showers and
thunderstorms after midnight. Lows in the upper 70s to upper 80s.
.SUNDAY...Partly cloudy. A slight chance of showers and thunderstorms
in the morning, then a chance of afternoon showers and thunderstorms.
Highs 100 to 105. Chance of rain 30 percent.
.SUNDAY NIGHT...Partly cloudy. A 20 percent chance of showers and
thunderstorms in the evening. Lows in the upper 70s to upper 80s.
.MONDAY...Partly sunny. A 20 percent chance of afternoon showers and
thunderstorms. Highs 102 to 107.
.MONDAY NIGHT...Mostly clear and breezy. Lows in the upper 70s to
upper 80s.
.TUESDAY...Mostly sunny. Highs 102 to 107.
.TUESDAY NIGHT...Partly cloudy and breezy. Lows in the mid 70s to mid
80s.
.WEDNESDAY...Mostly sunny. Highs 101 to 106.
$$
CAZ560-561-281100-
Joshua Tree NP West-Joshua Tree NP East-
Including the cities of Cottonwood Visitor and Lost Horse-Keys
Village
105 AM PDT Thu Jul 28 2022
.TONIGHT...Partly cloudy. Lows 72 to 82. Southwest wind 5 to 10 mph.
.THURSDAY...Partly sunny in the morning then becoming mostly sunny.
Highs 92 to 102. South wind 5 to 15 mph.
.THURSDAY NIGHT...Partly cloudy. Lows 72 to 82. South wind 5 to
10 mph.
.FRIDAY...Partly sunny. Highs 90 to 100. South wind 5 to 15 mph.
.FRIDAY NIGHT...Partly cloudy. Lows 74 to 84. South wind 5 to 10 mph.
.SATURDAY...Partly sunny. A 20 percent chance of afternoon showers
and thunderstorms. Highs 91 to 101.
.SATURDAY NIGHT...Partly cloudy with a 20 percent chance of showers
and thunderstorms. Lows in the lower 70s to lower 80s.
.SUNDAY...Partly cloudy. A slight chance of showers and thunderstorms
in the morning, then a chance of afternoon showers and thunderstorms.
Highs 91 to 101. Chance of rain 30 percent.
.SUNDAY NIGHT...Partly cloudy. A chance of showers and thunderstorms
in the evening, then a slight chance of showers and thunderstorms
after midnight. Lows in the lower 70s to lower 80s. Chance of rain
30 percent.
.MONDAY...Partly sunny with a 20 percent chance of showers and
thunderstorms. Highs 92 to 102.
.MONDAY NIGHT...Partly cloudy. A 10 percent chance of showers and
thunderstorms in the evening. Lows in the lower 70s to lower 80s.
.TUESDAY...Partly sunny. Highs 92 to 102.
.TUESDAY NIGHT...Partly cloudy. Lows in the lower 70s to lower 80s.
.WEDNESDAY...Partly sunny. Highs 92 to 102.
$$
Visit us on Facebook, Twitter, and at weather.gov/phoenix
_____
Copyright 2022 AccuWeather | https://www.myjournalcourier.com/weather/article/CA-Phoenix-AZ-Zone-Forecast-17334253.php | 2022-07-28T08:44:32Z | https://www.myjournalcourier.com/weather/article/CA-Phoenix-AZ-Zone-Forecast-17334253.php | true | 1443 |
BONITA SPRINGS, Fla. – A Bonita Springs dog spent five days living in the woods after she darted away from her home last week.
Till, a four-year-old dog that lives in the Quail West community with her family, escaped her backyard last Thursday.
“I felt helpless, absolutely helpless,” said Julie Lowe.
It would be bad enough to watch your dog runaway, but the Lowes’ weren’t even home when Tilly took off. They were on a cruise in Alaska and learned when their petsitter called them.
“I felt helpless, absolutely helpless,” she said.
Tilly isn’t your average pint-size pup. She’s a medically trained diabetic service dog.
“She’ll start licking my face and she’s a little pest to get me to treat my low or high blood sugars,” Lowe said.
The stakes couldn’t be higher to find her. Neighbors set out searching the Quail West community with a special took, or rather a special toy.
Meanwhile, posters were plastered all over, even making their way to the Bonita Springs Fire House. Everyone here was keeping an eye out for Tilly, but none more than Administrative Assistant Ashley Diaz.
On her Tuesday trip to lunch, Diaz’s journey took a turn.
“We’re driving down and looking out the window and there’s Tilly, walking in the woods,” she said.
Through all of the thick brush, she spotted Tilly. The six-pound pup managed to make it over three miles from her home, probably hungry, but not hurt.
“I’m like ‘That’s the dog! That’s the dog that’s missing! That’s Tilly,’” she said.
Within minutes Tilly’s parents and fire inspector Jeff Krup were here and ready to corral her, but it didn’t even come to that.
“Started hollering for her and she came running to me,” Lowe said. “Sat back there and just balled. Just balled. I couldn’t believe it.”
Tilly’s trip totalled more than three miles, five days, crossing busy Bonita Beach Road and even surviving a swampy section of the woods.
“She did not smell good. She was matted up,” Lowe said.
But not even that could hold Julie back from hugging her pup tighter than ever before. Who knew that so much time apart could bring them even closer. | https://abc-7.com/news/local/2022/07/28/dog-missing-for-five-days-found-by-bonita-springs-fire-department/ | 2022-07-28T08:47:12Z | https://abc-7.com/news/local/2022/07/28/dog-missing-for-five-days-found-by-bonita-springs-fire-department/ | false | 2 |
Government updates economic forecast - and it's not good news
Shadow Treasurer Angus Taylor replies to Treasurer Jim Chalmers budget update in the House of Representatives at Parliament House in Canberra, Thursday, July 28, 2022. (AAP Image/Mick Tsikas) NO ARCHIVING Source: MICK TSIKAS/AAPIMAGE
Published 28 July 2022 at 6:18pm
By Krishani Dhanji
Source: SBS News
The Treasurer has released an updated economic forecast with inflation expected to be worse than previously thought, as households already struggle to pay the bills.
Published 28 July 2022 at 6:18pm
By Krishani Dhanji
Source: SBS News
Share | https://www.sbs.com.au/news/podcast-episode/government-updates-economic-forecast-and-its-not-good-news/411j9h1m7 | 2022-07-28T08:50:01Z | https://www.sbs.com.au/news/podcast-episode/government-updates-economic-forecast-and-its-not-good-news/411j9h1m7 | true | null |
Shares of Emera Inc.
EMA,
+0.07%
inched 0.07% higher to C$61.20 Wednesday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index
GSPTSE,
+1.49%
rising 1.49% to 19,254.56. This was the stock's fourth consecutive day of gains. Emera Inc. closed C$4.03 short of its 52-week high (C$65.23), which the company achieved on April 20th. Trading volume of 1.4 M shares eclipsed its 50-day average volume of 1.1 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use. | https://www.marketwatch.com/story/emera-inc-stock-rises-wednesday-still-underperforms-market-01658953982-f0dc8c0cd84b | 2022-07-28T08:51:12Z | https://www.marketwatch.com/story/emera-inc-stock-rises-wednesday-still-underperforms-market-01658953982-f0dc8c0cd84b | true | null |
Sabarkantha (Gujarat) [India], July 28 (ANI): Prime Minister Narendra Modi on Thursday inaugurated and laid the foundation stone of multiple projects of Sabar Dairy at Gadhoda Chowki in Gujarat's Sabarkantha worth more than Rs 1,000 crores on July 28.
According to Prime Minister's Office (PMO), these projects will empower local farmers and milk producers and increase their income. This will also give a boost to the rural economy in the region.
PM Modi integrated 120 metric tonnes per day (MTPD) Powder manufacturing plant at Sabar Dairy in Sabarkantha.
The total cost of the entire project is more than Rs 300 crores. The layout of the plant meets global food safety standards. It is highly energy efficient with almost zero emission. The plant is equipped with the latest and fully automated bulk packing line.
Prime Minister also inaugurated the Aseptic Milk Packaging Plant at Sabar Dairy. It is a state-of-the-art plant with having capacity of 3 Lakh Litre per day.
The project has been executed with a total investment of around Rs 125 crores. The plant has the latest automation system with highly energy efficient and environment-friendly technology. The project will help ensure better remuneration to milk producers.
Prime Minister also laid the foundation stone of the Sabar Cheese and Whey Drying Plant Project. The estimated outlay of the project is around Rs 600 crores. The Plant will manufacture Cheddar Cheese (20 MTPD), Mozzarella Cheese (10 MTPD) and Processed Cheese (16 MTPD). Whey generated during the manufacturing of cheese shall also be dried at Whey Drying Plant, having a capacity of 40 MTPD.
Sabar Dairy is a part of Gujarat Cooperative Milk Marketing Federation (GCMMF), which makes and markets a whole range of milk and milk products under the Amul brand.
On July 29, Prime Minister will visit GIFT City in Gandhinagar. GIFT city (Gujarat International Finance Tec-City) was envisaged as an integrated hub for financial and technology services not just for India but for the world.
Prime Minister will lay the foundation stone of the Headquarters Building of the International Financial Services Centres Authority (IFSCA), the unified regulator for the development and regulation of financial products, financial services and financial institutions in International Financial Services Centres (IFSCs) in India. The building has been conceptualised as an iconic structure, reflective of the growing prominence and stature of GIFT-IFSC as a leading International Financial Centre.
Prime Minister will launch India International Bullion Exchange (IIBX), India's first International Bullion Exchange in GIFT-IFSC. IIBX will facilitate efficient price discovery with the assurance of responsible sourcing and quality, apart from giving impetus to the financialisation of gold in India. It will empower India to gain its rightful place in the global bullion market and serve the global value chain with integrity and quality. IIBX also re-enforces the commitment of the Government of India towards enabling India to be able to influence global bullion prices as a principal consumer.
Prime Minister will also launch NSE IFSC-SGX Connect. It is a framework between NSE's subsidiary in GIFT International Financial Services Centre (IFSC) and Singapore Exchange Limited (SGX). Under Connect, all orders on NIFTY derivatives placed by members of the Singapore Exchange will be routed to and matched on the NSE-IFSC order matching and trading platform. Broker-Dealers from India and across international jurisdictions are expected to participate in large numbers for trading derivatives through Connect. It will deepen liquidity in derivative markets at GIFT-IFSC, bringing in more international participants and creating a positive impact on the financial ecosystem in the GIFT-IFSC. (ANI) | https://www.aninews.in/news/national/general-news/pm-modi-inaugurates-multiple-projects-of-sabar-dairy-in-gujarats-sabarkantha20220728131413/ | 2022-07-28T08:51:12Z | https://www.aninews.in/news/national/general-news/pm-modi-inaugurates-multiple-projects-of-sabar-dairy-in-gujarats-sabarkantha20220728131413/ | false | 2 |
The average UK household could see their energy bill rise to £500 in January alone, experts have warned.
BFY Group, a utilities consultancy, said it expects the price cap on bills to hit £3,850 between January and April next year, which is hundreds of pounds more than previous predictions.
The latest forecast comes after the Kremlin further strangled the flow of gas to Europe. The UK gets very little of its gas directly from Russia, but the price paid here is determined by what happens across the Continent.
Dr Gemma Berwick, a senior consultant at BFY Group, said: “Following further rises in wholesale prices as flows of gas from Russia to Europe via the Nord Stream 1 pipeline drop to 20% of capacity, we now forecast the Ofgem price cap to rise to £3,420 in the fourth quarter of 2022 and £3,850 in the first quarter of 2023.
“This will make the average household bill over £500 for January alone.”
If the predictions are correct it will add further pressure to already squeezed households and would be a near-doubling of today’s record price cap, which is currently set at £1,971.
Cornwall Insight, another consultancy, had predicted a £3,364 January price cap just three weeks ago but circumstances have changed significantly since then.
BFY now believes Ofgem will have to set the earlier October price cap change at £3,420 - a considerably higher sum than the £2,800 originally predicted by Ofgem in May - with another increase expected when the cap is reviewed in January.
The cap used to be updated twice a year, but recent changes mean a new price cap will be set every three months. The cap is based on the average cost of energy in the previous months.
Analysts say the picture could change by January, but they already have most of the data needed to accurately predict October's rise.
The worsening forecasts, and fears that the market is still rising, will put further pressure on the government to support the most vulnerable households through the energy crisis.
Ministers were forced to act in May by announcing a major package of support for households, but at that point the prediction for October’s price cap was just £2,800 – more than £600 lower than the latest forecast.
Electricity supply could be ‘tight’ this winter
The gloomy price cap forecast comes amid warnings the UK’s electricity supply might be tight during the winter.
The Electricity System Operator (ESO), the body tasked with balancing the grid, said margins might narrow significantly towards the end of the year, but it believes it should be able to keep the lights on.
In a report, it said: “Our operational modelling indicates that there could be some tight periods this winter, which are most likely to occur in the first half of December.”
The grid needs to make sure it has enough electricity generators ready to go when demand for electricity peaks, meaning it needs to maintain a margin above the forecasted demand to deal with any short spikes.
If the margin falls below certain levels the ESO will send out a so-called Electricity Margin Notice (EMN) which lets generators know that more electricity is needed.
The ESO said it might need to use the EMNs this winter to ensure supply is stable.
In the report it notes that Britain is not as reliant on Russian gas as other countries in Europe, but “it is clear that the cessation of flows of gas into Europe could have knock-on impacts, including very high prices”.
The ESO has worked with the government to ensure that four coal power stations are still ready to use if they need to be called on this winter, and they are working on a fifth.
It is also “exploring options” to incentivise energy users to reduce their use during peak times.
The ESO said that Britain should be able to keep the lights on during the winter, but it is likely to be a troublesome period.
Currently the Nord Stream 1 pipeline that brings Russian gas to Europe is only running at 20% of its maximum capacity, sparking concerns about whether there will be enough gas to go around this winter. Much of the UK’s electricity comes from gas, so any serious hit to gas supplies could impact the availability of electricity.
The Department for Business, Energy and Industrial Strategy said: “As this report shows, the UK’s secure and diverse energy supplies will ensure households, businesses and industry can be confident they can get the electricity and gas they need.
“Britain is in a fortunate position, having access to our own North Sea gas reserves, imports from reliable partners like Norway, the second largest LNG (liquid natural gas) port infrastructure in Europe, and a gas supply underpinned by robust legal contracts. | https://www.buxtonadvertiser.co.uk/read-this/energy-bills-to-hit-ps500-a-month-in-january-amid-new-price-cap-fears-3784860 | 2022-07-28T08:51:53Z | https://www.buxtonadvertiser.co.uk/read-this/energy-bills-to-hit-ps500-a-month-in-january-amid-new-price-cap-fears-3784860 | false | 16 |
New Delhi [India], July 28 (ANI): The Lok Sabha was adjourned till 4 pm on Thursday amid ruckus created by the BJP over Congress MP Adhir Ranjan Chowdhury's remarks addressing President Droupadi Murmu as "Rashtrapatni".
This was the second adjournment of the day.
Also Read | Apple iOS 16 Reportedly Reduces Time Limit for Unsending iMessages.
The BJP has demanded an apology from Chowdhury and Congress interim president Sonia Gandhi.
Meanwhile, Chowdhary said that he had mistakenly used the term "Rashtrapatni" for President Murmu and that the ruling party was deliberately trying to make a mountain out of a molehill.
Congress interim president Sonia Gandhi said, "Adhir Ranjan Chowdhury has already apologised."
In Lok Sabha Smriti Irani spoke on Chowdhury's remarks and sought an apology from him and Sonia Gandhi. BJP members were on their feet supporting her.
In Rajya Sabha, Finance Minister Nirmala Sitharaman demanded an apology from Sonia Gandhi.
"It was a deliberate sexist insult. Sonia Gandhi should apologise to the President of India and the country," said Finance Minister.
Union Parliamentary Affairs Minister Pralhad Joshi also slammed the Opposition and sought an immediate apology from the Berhampore MP.
"This is an insult to the tribal people of the country and the President of India. He should immediately apologize. Sonia Gandhi should also apologize for appointing someone like him," said Joshi.
Union Minister Smriti Irani this morning addressing a press conference slammed Congress while demanding an apology for maliciously targeting President Droupadi Murmu and said the country knows that the opposition party is "anti-tribal, anti-Dalit and anti-women".
The Congress needs to apologise in Parliament and on the streets of India, Smriti Irani said.
"Ever since the name of Droupadi Murmu has been announced as the candidate for the presidency of India. She has been targeted maliciously by the Congress party. Congressmen had termed her as a puppet candidate, Congressmen have called her a symbol of evil. Their attacks do not seem to stop against Droupadi Murmu ji even after she has now been elected to the highest constitutional office of the country," said Smriti Irani addressing reporters here today before the Parliament began proceedings for the day.
The Union Minister lashed out at the opposition party, which said that despite being led by a woman leader Sonia Gandhi, Congressmen continue to demean women in constitutional posts.
"The Congressman knew that to address the President of India in this way not only demeans her constitutional post but also the rich tribal legacy that she represents," Smriti Irani said.
Leader of Congress Party in Lok Sabha Adhir Ranjan Chowdhary requested Lok Sabha Speaker to give him a chance to speak on the floor of the house on the allegations made against him for his statement. He has given a letter on this.
Meanwhile, BJP MPs including Finance Minister Nirmala Sitharaman staged a protest at Parliament against the Congress MP's remark.
Both the Houses have been facing adjournments on various issues due to the Opposition ruckus since the Parliament's Monsoon Session started.
The Monsoon Session of Parliament commenced on July 18 and will continue till August 12. There will be 18 sittings during the Session. (ANI)
(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/india-news-lok-sabha-adjourned-till-4-pm-amid-ruckus-over-ranjans-rashtrapatni-remark-4007637.html | 2022-07-28T08:55:24Z | https://www.latestly.com/agency-news/india-news-lok-sabha-adjourned-till-4-pm-amid-ruckus-over-ranjans-rashtrapatni-remark-4007637.html | false | 3 |
John Wood Group PLC (LON:WG – Get Rating) insider David Kemp purchased 99 shares of the firm’s stock in a transaction dated Thursday, July 21st. The shares were bought at an average cost of GBX 151 ($1.82) per share, with a total value of £149.49 ($180.11).
David Kemp also recently made the following trade(s):
- On Thursday, June 9th, David Kemp sold 5,070 shares of John Wood Group stock. The shares were sold at an average price of GBX 229 ($2.76), for a total value of £11,610.30 ($13,988.31).
- On Thursday, April 28th, David Kemp bought 1,936 shares of John Wood Group stock. The stock was purchased at an average price of GBX 220 ($2.65) per share, with a total value of £4,259.20 ($5,131.57).
John Wood Group Price Performance
Shares of LON:WG opened at GBX 151.30 ($1.82) on Thursday. The company has a 50-day simple moving average of GBX 188.62 and a 200-day simple moving average of GBX 196.68. John Wood Group PLC has a one year low of GBX 136.32 ($1.64) and a one year high of GBX 266.40 ($3.21). The company has a debt-to-equity ratio of 57.62, a quick ratio of 0.82 and a current ratio of 0.87. The stock has a market capitalization of £1.05 billion and a price-to-earnings ratio of -8.95.
Analysts Set New Price Targets
John Wood Group Company Profile
John Wood Group PLC, together with its subsidiaries, provides consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through four segments: Projects, Operations, Consulting, and Investment. The company offers engineering solutions, including decarbonization and optimization in energy and industry; and renewable energy, future fuels, and low carbon solutions.
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Receive News & Ratings for John Wood Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Wood Group and related companies with MarketBeat.com's FREE daily email newsletter. | https://theenterpriseleader.com/2022/07/28/john-wood-group-plc-lonwg-insider-david-kemp-buys-99-shares.html | 2022-07-28T08:55:32Z | https://theenterpriseleader.com/2022/07/28/john-wood-group-plc-lonwg-insider-david-kemp-buys-99-shares.html | true | 1 |
The undoubted highlight on the card is the €270,000 Guinness Galway Hurdle at 5.05pm which sees 20 runners go to post for two-mile event.
The Galway Festival continues on Thursday afternoon with another cracking day for punters to enjoy at Ballybrit.
The action begins at 2.10pm and concludes at 6.10pm. The Jumps course is Good and the Flat course is Good to Yielding in places. You can find the best odds at BoyleSports Galway betting
The undoubted highlight on the card is the €270,000 Guinness Galway Hurdle at 5.05pm which sees 20 runners go to post for two-mile event.
Willie Mullins has a number of interesting contenders in this event, including Adamantly Chosen who was successful at Thurles in February and shaped with plenty of promise when fourth at the Punchestown Festival in April. There looks to be more scope for improvement off a mark of 137 and he is deeply respected. Mullins also runs Farout who boasts course and distance winning form at the track and was seventh at Galway earlier on this week. Shewearsitwell was successful at Killarney in May and completes Mullins’ quartet along with recent Punchestown scorer Heia.
Other interesting contenders include Santa Rossa who landed a Graded event at Tipperary in fine style last time out and there could be plenty more improvement still to come. Back in March 2021, she was steered to victory by Robbie Power at Navan and the former rider is confident of her chances in the contest. He said: “If I had a free hand to ride any horse in the Galway Hurdle, it’d be Santa Rossa. “I’ve won on her before and she has good stamina and good pace. She ticks a lot of boxes for Galway and I can see her running a big race.”
My Mate Mozzie was a very classy juvenile and came within a head of tasting Grade One success at Fairyhouse in November. He returns to this sphere having filled second and third in two runs on the Flat at Tipperary and Killarney. He could have the class to go close in a race like this off a mark of 141 and is not discounted.
Party Central has been a wonderful servant for connections and has won five of her last even starts, which included victory at the Punchestown Festival when she relished the return to quicker ground. She is progressing with every start and is a very game and consistent mark who ticks a lot of boxes. She is one of six runners in the race for Gordon Elliott along with The Tide Turns who was fancied to run well at the Cheltenham Festival, course and distance winner Felix Desjy and Fairyhouse scorer Glan who commands respect. The prolific Top Bandit blotted his copybook last time out, but is also not discount, whilst the unexposed Vina Ardanza completes Elliott’s sextet.
Others to note are Ballyadam who shaped well when fifth in the County Hurdle at the Cheltenham Festival and he clearly has the talent to win a race of this nature, whilst Celestial Horizon, Jesse Evans, Scottish Champion Hurdle heroine Anna Bunina, Tudor City, Autumn Evening, Embittered and The Very Man complete the field.
The other highlight on the card is the €40,000 Guinness Open Gate Brewery Novice Chase, a Grade Three event over an extended two and a quarter-miles. Champagne Gold was a narrow winner at Wexford, whilst Sole Pretender has won twice already this term. The Dara Man tasted success at Killarney last time out with Visionarian and Mind Your Money also winning on their latest outings. Ganapathi commands respect for Willie Mullins having impressed on his first two starts over fences, with successive wins at Wexford, but preference is for Call Me Lyreen who has impressed at Kilbeggan and Wexford on her latest two starts and looks open to further improvement in this event.
Galway Selections:
2.10pm Western Run
2.45pm Call Me Lyreen
3.20pm Plunkett
3.55pm Emilie Gray
4.30pm Falcon Eight
5.05pm Santa Rossa
5.40pm Darkened
6.10pm What Path
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Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm. | https://www.donegallive.ie/news/horse-racing/871459/racing-your-guide-to-galway-hurdle-day.html | 2022-07-28T09:02:58Z | https://www.donegallive.ie/news/horse-racing/871459/racing-your-guide-to-galway-hurdle-day.html | false | 12 |
Police find missing fishermen’s clothes but not bodies
Botswana Police and Botswana Defence Force dive teams are continuing to search for the bodies of two missing fishermen suspected to have drowned in Gaborone Dam.
The two allegedly went missing after leaving their homes in Old Naledi on Sunday on a fishing trip to the dam.
The duo aged 31 and 34, never returned home and their relatives reported them missing on Monday night.
A search party was dispatched on Tuesday and their clothes were discovered near the dam.
Acting Officer Commanding number 13 District Superintendent Joubert Kome said the search has only found the two men’s clothes in a plastic bag and a fishing boat stuck inside the deep waters.
“We suspect it is the boat they were using when fishing. Intensive search operation started on Tuesday with the help of colleagues from BDF. The divers searched around the stuck boat but there was no luck. We suspect the boat capsized. Our thoughts are with the family of the missing men in this difficult time. My advice to fishermen is that they must be able to swim in case of an accident. If you don’t have the skills then you run the risk of drowning,” said Kome | https://news.thevoicebw.com/something-fishy-at-the-dam/ | 2022-07-28T09:06:13Z | https://news.thevoicebw.com/something-fishy-at-the-dam/ | true | 1 |
GLOBAL MARKETS-Shares take breather after Fed rally, dollar slips on yen
Europe's benchmark 10-year German bund yield climbed 5 basis points in morning trading which left it on the cusp of 1% again. "While central banks are still on track to continue tightening this year, it is increasingly likely that the most rapid pace of rate hikes may be behind us," analysts at JPMorgan said in a note.
World shares consolidated a 6-week high on Thursday as investors scented a possible slowdown in the pace of U.S. rate hikes that had comforted bond markets and sent the dollar to a three-week low on the yen. Europe made an upbeat start as record-busting $11.5 billion profits from oil giant Shell sent commodities shares soaring, although momentum quickly faded ahead of what was expected to be some shaky eurozone confidence data later.
The U.S. Federal Reserve had surprised no one by lifting rates 75 basis points (bps) to 2.25%-2.50% on Wednesday but did alter its statement to cite some softening in recent data. Fed Chair Jerome Powell sounded suitably hawkish on curbing inflation in his news conference, but also dropped guidance on the size of the next rate rise and noted that "at some point" it would be appropriate to slow down.
"There is the pretty convincing risk-on reaction from the market to the Fed, but whether that can continue remains to be seen," said Abrdn investment director James Athey. The reality was, he added, that if the U.S. central bank does slow its rate hikes it would only be because the economy was struggling, which would not be a good sign.
"The bias is we don't see much more on the upside (in share markets) given that there is a recessionary outlook," Athey said. "Everybody is somewhere on the spectrum." The futures market still has 100 bps of further tightening priced in by year-end but also implies around 50 bps of rate cuts over 2023.
Just the hint of a less aggressive Fed though had been enough to send MSCI's 47-country index of world shares up 0.4%, putting it firmly on course for its first back-to-back run of weekly gains since March. With Europe now facing a gas crisis, and increasingly likely a recession according to economists, the STOXX 600 stalled after rising as much as 0.5%. The FTSE and DAX both slipped into the red although Italy's FTSE MIB remained 1% higher.
In Asia, Japan's Nikkei had added 0.4% despite a jump from the yen. South Korea climbed 0.8% although Chinese blue chips lost traction late having been brightened earlier in the session by reports Beijing was planning more support for a hard-hit property sector. Wall Street also looked set to take a post-Fed breather, with S&P 500 futures 0.2% lower and Nasdaq futures down 0.5%, after the tech-heavy index had enjoyed its biggest daily gain since April 2020 on Wednesday.
Yet shares of several major U.S. tech companies, including Meta Platforms, slid after hours as poor quarterly results and outlooks underscored recession fears. APPLE EYED
Traders will be feverishly awaiting results from iPhone maker Apple and Amazon later following torrid runs for their stock prices this year. Attention will also be on U.S. gross domestic product (GDP)data for the second quarter where another negative reading would meet the technical definition of a recession, though the United States has its method of deciding those.
Median forecasts are for growth of 0.5%, but the closely watched Atlanta Fed estimate of GDP is for a fall of 1.2%. In bond markets, two-year Treasury yields steadied at 3.00% after falling 6 bps in the wake of the Fed meeting.
Although the U.S. yield curve steepened slightly, most of it remained inverted in sign investors believe policy tightening will lead to an economic downturn and lower inflation. Europe's benchmark 10-year German bund yield climbed 5 basis points in morning trading which left it on the cusp of 1% again.
"While central banks are still on track to continue tightening this year, it is increasingly likely that the most rapid pace of rate hikes may be behind us," analysts at JPMorgan said in a note. Others are not so sure. Flavio Carpenzano investment director at Capital Group, which manages $2.6 trillion worth of assets, said 9% inflation in the U.S. would remain the main concern for the Fed.
"Combining this with a labor market that remains very tight, it's difficult to envisage the Fed can slow or justify a slower hiking pace." In currencies, the dollar index eased a fraction to 106.260 after losing 0.7% overnight as risk sentiment improved.
It also suffered a rare setback on the Japanese yen, falling 0.7% to 135.56 as some investors decided to book profits on a host of long positions. The euro hovered around $1.0204, having bounced 0.9% overnight, but faces stiff resistance at $1.0278.
The single currency still has an energy crisis to contend with as the IMF warned that a complete cut-off of Russian gas to Europe by year-end may lead to virtually zero economic growth next year. Russia has delivered less gas to Europe this week and warned of further cuts to come, boosting prices for gas and oil globally. A drop in crude inventories and a rebound in gasoline demand in the United States also supported prices.
Brent rose another $1.40 to $108 a barrel, having bounced 2% overnight, while U.S. crude gained $1.50 to $98.73. Spot gold was 0.6% firmer at $1,744 an ounce, having benefited from the dip in the dollar and bond yields.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Germany presents climate emergency program for transport sector after missing CO2 targets | https://www.devdiscourse.com/article/headlines/2125220-global-markets-shares-take-breather-after-fed-rally-dollar-slips-on-yen | 2022-07-28T09:07:55Z | https://www.devdiscourse.com/article/headlines/2125220-global-markets-shares-take-breather-after-fed-rally-dollar-slips-on-yen | true | 2 |
By Kyle Morris
ITV PLC said Thursday that first-half pretax profit and revenue rose as it booked strong performances in the studios and media-and-entertainment divisions.
The British broadcaster said pretax profit for the first six months of the year was 219 million pounds ($266.2 million) compared with GBP133 million for the year-earlier period.
Total revenue for the half year was GBP1.99 billion compared with GBP1.83 billion a year before.
ITV said its studios arm increased revenue by 16%, growing ahead of the wider market.
Total advertising revenue is expected to be broadly flat in the nine months to the end of September.
The board declared an interim dividend of 1.7 pence and said it remains committed to paying a total dividend of at least 5 pence for the full year.
Write to Kyle Morris at kyle.morris@dowjones.com | https://www.marketwatch.com/story/itv-1h-eps-4-8p-271658989381 | 2022-07-28T09:08:46Z | https://www.marketwatch.com/story/itv-1h-eps-4-8p-271658989381 | true | null |
EastEnders star Maisie Smith stuns as she strips to skimpy bikinis in Portugal
EASTENDERS star Maisie Smith looked incredible as she stripped down to a bikini top in Portugal.
Maisie - who played Tiffany Butcher on the BBC One soap - sizzled in a brown bandeau bikini top and matching bottoms.
The soap star put on a busty display as she soaked up the glorious sunshine.
Maisie went makeup-free as she showed off her sunkissed skin.
Later in the day, the actress slipped into a stunning green halterneck co-ord.
The TV star - who also competed in Strictly Come Dancing in 2020 alongside pro dancer Gorka Marquez - revealed her toned figure as her rippling abs were on full show.
Maisie smouldered at the camera for a stunning clip from her balcony.
Earlier that day, the former EastEnders actress posed alongside her pals as they enjoyed a glamorous dinner by the beach in Portugal.
Maisie could be seen posing across the table with her two pals in front of the sunset.
A second snap showed them soaking up the golden hour sunshine, with the actress showing off her impressive tan.
Most read in News TV
It comes after Maisie was seen revealing her stunning figure in skimpy shorts as she landed in Portugal with her Strictly pals.
Beaming as she chatted to friends, Maisie left the airport carrying her suitcase, a denim bag, and a black hoodie.
She kept her fiery tresses in a low ponytail and opted for no makeup as she headed to a taxi.
Maisie has amazed her followers by sharing her incredible glow up over the years after finding fame aged seven in the BBC soap.
Her acting talent won her a British Soap Award at the same age.
As well as being a talented actress, Maisie has built up a huge social media following on both TikTok and Instagram.
During lockdown she became a big hit as she posted dance videos with her lookalike mum.
And last year she got to show off a different side to her when she competed on Strictly Come Dancing, landing a spot in the final before losing out on the Glitterball trophy to comic Bill Bailey.
The Sun later revealed how she had been offered a number big-money brand deals off the back of the show, but was forced to turn them down due to her Strictly contract.
The Sun also revealed how Maisie had quit EastEnders in October 2021, after 13 years in her role as Tiffany Butcher. | https://www.thesun.co.uk/tv/19342763/eastenders-maisie-smith-green-bikini-portugal/ | 2022-07-28T09:08:59Z | https://www.thesun.co.uk/tv/19342763/eastenders-maisie-smith-green-bikini-portugal/ | true | 3 |
Shares of Johnson Controls International PLC
JCI,
+2.64%
rallied 2.64% to $51.71 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+2.62%
rising 2.62% to 4,023.61 and the Dow Jones Industrial Average
DJIA,
+1.37%
rising 1.37% to 32,197.59. The stock's rise snapped a two-day losing streak. Johnson Controls International PLC closed $30.06 short of its 52-week high ($81.77), which the company achieved on December 31st.
The stock outperformed some of its competitors Wednesday, as Honeywell International Inc.
HON,
+1.23%
rose 1.23% to $183.66, 3M Co.
MMM,
-1.34%
fell 1.34% to $138.86, and General Electric Co.
GE,
+0.10%
rose 0.10% to $71.58. Trading volume (3.2 M) remained 1.2 million below its 50-day average volume of 4.4 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use. | https://www.marketwatch.com/story/johnson-controls-international-plc-stock-rises-wednesday-outperforms-market-01658955711-5b5941955f61 | 2022-07-28T09:09:26Z | https://www.marketwatch.com/story/johnson-controls-international-plc-stock-rises-wednesday-outperforms-market-01658955711-5b5941955f61 | true | 3658 |
The average UK household could see their energy bill rise to £500 in January alone, experts have warned.
BFY Group, a utilities consultancy, said it expects the price cap on bills to hit £3,850 between January and April next year, which is hundreds of pounds more than previous predictions.
The latest forecast comes after the Kremlin further strangled the flow of gas to Europe. The UK gets very little of its gas directly from Russia, but the price paid here is determined by what happens across the Continent.
Dr Gemma Berwick, a senior consultant at BFY Group, said: “Following further rises in wholesale prices as flows of gas from Russia to Europe via the Nord Stream 1 pipeline drop to 20% of capacity, we now forecast the Ofgem price cap to rise to £3,420 in the fourth quarter of 2022 and £3,850 in the first quarter of 2023.
“This will make the average household bill over £500 for January alone.”
If the predictions are correct it will add further pressure to already squeezed households and would be a near-doubling of today’s record price cap, which is currently set at £1,971.
Cornwall Insight, another consultancy, had predicted a £3,364 January price cap just three weeks ago but circumstances have changed significantly since then.
BFY now believes Ofgem will have to set the earlier October price cap change at £3,420 - a considerably higher sum than the £2,800 originally predicted by Ofgem in May - with another increase expected when the cap is reviewed in January.
The cap used to be updated twice a year, but recent changes mean a new price cap will be set every three months. The cap is based on the average cost of energy in the previous months.
Analysts say the picture could change by January, but they already have most of the data needed to accurately predict October's rise.
The worsening forecasts, and fears that the market is still rising, will put further pressure on the government to support the most vulnerable households through the energy crisis.
Ministers were forced to act in May by announcing a major package of support for households, but at that point the prediction for October’s price cap was just £2,800 – more than £600 lower than the latest forecast.
Electricity supply could be ‘tight’ this winter
The gloomy price cap forecast comes amid warnings the UK’s electricity supply might be tight during the winter.
The Electricity System Operator (ESO), the body tasked with balancing the grid, said margins might narrow significantly towards the end of the year, but it believes it should be able to keep the lights on.
In a report, it said: “Our operational modelling indicates that there could be some tight periods this winter, which are most likely to occur in the first half of December.”
The grid needs to make sure it has enough electricity generators ready to go when demand for electricity peaks, meaning it needs to maintain a margin above the forecasted demand to deal with any short spikes.
If the margin falls below certain levels the ESO will send out a so-called Electricity Margin Notice (EMN) which lets generators know that more electricity is needed.
The ESO said it might need to use the EMNs this winter to ensure supply is stable.
In the report it notes that Britain is not as reliant on Russian gas as other countries in Europe, but “it is clear that the cessation of flows of gas into Europe could have knock-on impacts, including very high prices”.
The ESO has worked with the government to ensure that four coal power stations are still ready to use if they need to be called on this winter, and they are working on a fifth.
It is also “exploring options” to incentivise energy users to reduce their use during peak times.
The ESO said that Britain should be able to keep the lights on during the winter, but it is likely to be a troublesome period.
Currently the Nord Stream 1 pipeline that brings Russian gas to Europe is only running at 20% of its maximum capacity, sparking concerns about whether there will be enough gas to go around this winter. Much of the UK’s electricity comes from gas, so any serious hit to gas supplies could impact the availability of electricity.
The Department for Business, Energy and Industrial Strategy said: “As this report shows, the UK’s secure and diverse energy supplies will ensure households, businesses and industry can be confident they can get the electricity and gas they need.
“Britain is in a fortunate position, having access to our own North Sea gas reserves, imports from reliable partners like Norway, the second largest LNG (liquid natural gas) port infrastructure in Europe, and a gas supply underpinned by robust legal contracts. | https://www.sussexexpress.co.uk/read-this/energy-bills-to-hit-ps500-a-month-in-january-amid-new-price-cap-fears-3784860 | 2022-07-28T09:09:50Z | https://www.sussexexpress.co.uk/read-this/energy-bills-to-hit-ps500-a-month-in-january-amid-new-price-cap-fears-3784860 | true | 16 |
Atletico Madrid fans make feelings on Ronaldo clear
- Published
Simon Stone, BBC Sport
Atletico Madrid fans have urged their club not to get involved in discussions around signing Cristiano Ronaldo.
The Manchester United forward returned to Carrington on Tuesday and is understood to have reiterated his desire to leave Old Trafford.
However, Ronaldo’s options do not appear extensive, despite the vast influence of his agent Jorge Mendes, who accompanied the 37-year-old in his talks on Tuesday.
Atletico have been viewed as a potential option, but given his long-standing links with Real Madrid, where he won four of his World Player of the Year awards, Atleti fans have made their opposition known.
A statement, external posted by Atletico’s International Union of Fan Clubs said: "Given the possibility that the signing of Cristiano Ronaldo is something more than a simple rumour, without any foundation whatsoever, we express our absolute rejection of a hypothetical incorporation into our club.
"The aforementioned player represents the antithesis of the values that constitute the hallmarks of our Atleti, such as the effort, generosity, simplicity and humility of those who want to defend our values. Even in the unlikely event that a player in frank decline like Cristiano Ronaldo could secure a title, we would not accept his signing." | https://www.bbc.co.uk/sport/articles/c9x31rgkep7o | 2022-07-28T09:10:51Z | https://www.bbc.co.uk/sport/articles/c9x31rgkep7o | false | 2 |
General News of Thursday, 28 July 2022
Source: www.ghanaweb.com
Metro TV’s flagship programme 'Good Morning Ghana' is underway with panellists engaging in live discussions on today’s major headlines.
The major topic for discussion today among others is the intermittent power supply in the country.
Watch a Livestream of Good Morning Ghana below: | https://www.ghanaweb.com/GhanaHomePage/NewsArchive/LIVESTREAMING-Good-Morning-Ghana-on-Metro-TV-1591622 | 2022-07-28T09:14:02Z | https://www.ghanaweb.com/GhanaHomePage/NewsArchive/LIVESTREAMING-Good-Morning-Ghana-on-Metro-TV-1591622 | false | null |
Severe Weather Statement issued for Columbiana by NWS
Effective: 2022-07-25 04:29:00 EDT Expires: 2022-07-25 05:00:00 EDT Urgency: Immediate Severity: Severe Certainty: Observed Instruction: A Tornado Watch remains in effect until 700 AM EDT for east central Ohio...and western Pennsylvania. For your protection move to...
alerts.weather.gov | https://www.newsbreak.com/news/2679253702468/severe-weather-statement-issued-for-columbiana-by-nws | 2022-07-28T09:16:31Z | https://www.newsbreak.com/news/2679253702468/severe-weather-statement-issued-for-columbiana-by-nws | true | null |
TOKYO (AP) — Japanese automaker Nissan's profit plunged in the last quarter to less than half of what it was a year earlier as the COVID-19 lockdown in China and a global semiconductor shortage slammed production.
Nissan Motor Co. reported Thursday that its April-June net profit totaled 47.1 billion yen ($349 million), down from 114.5 billion yen in the same period of 2021. That change marks a 59% drop. Quarterly sales rose 6% 2.14 trillion yen ($15.9 billion).
Soaring raw material costs also hurt profitability, according to the manufacturer based in the port city of Yokohama.
Nissan posted a profit in the last fiscal year ended in March for the first time in three years.
The brand image of Nissan, allied with Renault SA of France, has suffered after its star executive Carlos Ghosn was arrested in Japan on various financial misconduct charges in 2018.
Ghosn, who led the alliance for two decades, says he is innocent, pointing to a coup within the automaker’s ranks as behind the allegations. He jumped bail in December 2019, and is now in Lebanon.
Nissan reiterated in its earnings report Thursday that Ghosn used company money for “personal benefit,” including purchases of residences, and payments to family members, gifts and donations it said were improper.
The shortage of semiconductors because of COVID-19 restrictions in various nations has hurt not only Nissan but the entire auto industry.
Chief Operating Officer Ashwani Gupta said Nissan will invest to “build resilience,” restructuring supply chains and inventory levels so that demand can be better met. But Gupta warned the chips-shortage crisis wasn’t going to be fixed for some time.
He said soaring raw material costs must also be addressed, noting Nissan was “moving forward with cautious optimism.” The cheap yen will serve as a “tailwind,” Gupta said. A declining yen boosts the value of Japanese manufacturers’ overseas earnings.
Nissan, which makes the Leaf electric cars, Rogue sport utility vehicles and Infiniti luxury models, expects its production volumes to recover in the months ahead.
It’s forecasting a net profit for the fiscal year ending in March next year of 150 billion yen ($1.1 billion), down 30% on year.
“In the first quarter, the business environment remained more challenging than expected. We believe our progress in this environment is proof that Nissan’s business foundation has been steadily strengthened,” said Chief Executive Makoto Uchida.
Japan’s top automaker, Toyota Motor Corp., reports earnings next week.
___
Yuri Kageyama is on Twitter https://twitter.com/yurikageyama | https://www.registercitizen.com/news/article/Nissan-s-profits-plunge-on-COVID-lockdown-chips-17334317.php | 2022-07-28T09:18:50Z | https://www.registercitizen.com/news/article/Nissan-s-profits-plunge-on-COVID-lockdown-chips-17334317.php | true | 17 |
14h ago
Former GOP Congressman Pleads Not Guilty in Insider-Trading Case
Bloomberg News
,(Bloomberg) -- Former Republican Congressman Stephen Buyer pleaded not guilty to insider trading charges.
Buyer, who represented Indiana in the House from 1993 to 2011, entered his plea in a court appearance on Wednesday. He was charged Monday by federal prosecutors in New York with illegally trading on information about two mergers while working as a consultant after leaving office.
According to a parallel Securities and Exchange Commission case, Buyer learned of T-Mobile’s plans to acquire Sprint Corp. while providing consulting services to the former. The regulator said he received the confidential information from a T-Mobile government-affairs executive with whom he spoke on the phone and played golf just before purchasing Sprint stock.
The case is US v Buyer 22-cr-0397, US District Court for the Southern District of New York (Manhattan).
©2022 Bloomberg L.P. | https://www.bnnbloomberg.ca/former-gop-congressman-pleads-not-guilty-in-insider-trading-case-1.1797832 | 2022-07-28T09:22:21Z | https://www.bnnbloomberg.ca/former-gop-congressman-pleads-not-guilty-in-insider-trading-case-1.1797832 | true | 1 |
CANBERA (dpa-AFX) - Asian stocks advanced on Thursday after the U.S. Federal Reserve announced a 75-bps rate hike, as widely expected, and indicated that it may be appropriate to slow the pace of increases going forward and policy will be set meeting-by-meeting amid signs of an economic slowdown.
The upside remained somewhat capped as trading in U.S. stock futures indicated that the U.S. rally could stall when Wall street reopens later in the day.
Fed Chair Jerome Powell said he thought the U.S. isn't currently in a recession, but most economists say GDP may have contracted in the April to June period,
A technical recession is defined as two consecutive quarters of GDP contraction.
Chinese shares rose ahead of U.S. President Joe Biden's upcoming call with Chinese leader Xi Jinping.
The benchmark Shanghai Composite index edged up 0.21 percent to 3,282.58 while Hong Kong's Hang Seng index closed 0.23 percent lower at 20,622.68 as the city's monetary authority raised the borrowing cost by 75 basis points for the second consecutive month.
Japanese shares eked out modest gains, but the upside was limited amid concerns over domestic corporate outlook and the strengthening of yen in the fallout from the Fed decision.
The Nikkei average closed 0.36 percent higher at 27,815.48, after having crossed the 28,000 mark for the first time since June 10 earlier. The broader Topix index slipped 0.16 percent to 1,948.85.
Automaker Mitsubishi Motors jumped 10.9 percent after strong first-quarter results.
Nitto Denko declined 2.3 percent to extend losses for a fourth consecutive session. Seoul stocks rose for a fourth straight session to hit a six-week high on less-hawkish-than-feared messaging from Fed Chair Jerome Powell.
The Kospi average ended up 0.82 percent at 2,435.27, the highest close since Jun 17 while the Korean won saw its best day in two months.
Samsung Electronics gave up some early gains to end little changed after warning of weaker demand for phones and PCs.
Australian markets posted strong gains amid hopes that consumer prices in the country might be starting to peak. Investors shrugged off data showing that retail sales increased at the slowest pace this year in June.
The benchmark S&P/ASX 200 index climbed 0.97 percent to 6,889.70, marking its highest close since June 10.
The broader All Ordinaries index closed 1.11 percent higher at 7,115.90, with buying seen across the board. Investment bank Macquarie Group jumped 3 percent after posting a higher first-quarter profit.
Across the Tasman, New Zealand's benchmark S&P/NZX 50 index rallied 1.73 percent to close at 11,328.19.
U.S. stocks rallied overnight on the back of better-than-expected results from mega-cap tech companies and Fed Chair Jerome Powell's comments that he doesn't believe the U.S. is in a recession.
After announcing another 75-bps rate hike, Powell hinted at a slowdown in the pace of rate hikes at future meetings. On the data front, reports on durable goods orders and pending home sales painted a mixed picture of the economy.
The Dow and the S&P 500 rose 1.4 percent and 2.6 percent, respectively to reach their best closing levels in well over a month while the tech-heavy Nasdaq Composite soared 4.1 percent.
Copyright(c) 2022 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
Kostenloser Wertpapierhandel auf Smartbroker.de | https://www.finanznachrichten.de/nachrichten-2022-07/56664749-asian-shares-rise-as-rate-hike-worries-ease-020.htm | 2022-07-28T09:28:06Z | https://www.finanznachrichten.de/nachrichten-2022-07/56664749-asian-shares-rise-as-rate-hike-worries-ease-020.htm | false | 3 |
Report: Agents Of Liverpool Striker Roberto Firmino Pushing For Juventus Transfer With World Cup In Mind
The agents of Roberto Firmino are said to be pushing for a move away from Liverpool for the Brazilian according to a report.
Over recent days, the 30-year-old has been linked with a move to Serie A club Juventus in a deal worth just over €20million.
It seems to be crunch time for Liverpool and Firmino with the player having just entered the final year of his contract.
According to calciomercato.it (via Sport Witness), it is the agents of the player, Rogon, who have been offering the popular player to other clubs similar to how they did when Firmino left Hoffenheim in 2015.
The Italian publication also claims that whilst Juventus have not ruled out a move, they are not willing to pay the €30million asking price.
Read More
As the World Cup in Qatar approaches, Firmino is said to be keen to ensure more game time to force his way into Tite's squad.
He may not be guaranteed that at Liverpool unless he can regain his form of two seasons ago when he was brilliant in helping the Reds to their first league title for 30 years.
LFCTR Verdict
After losing Sadio Mane, Divock Origi, and Takumi Minamino this summer, Jurgen Klopp is unlikely to be willing to part with another attacking player.
The real question appears to be whether the fan favourite leaves on a free next summer or signs an extended deal at Anfield.
Read More Liverpool Coverage
- Report: Liverpool ‘Laugh off’ Juventus Bid For Roberto Firmino - New Increased Offer Expected
- 'We Have Seen Better Strikers Than Nunez Come To England And Struggle To Adapt' - Pundit On New Liverpool Striker
- 'We Will Miss Him' Jurgen Klopp Says What All Liverpool Fans Are Thinking Regarding Bayern Munich's Sadio Mane
- ‘When We Are Close Together We Are Like a Family. We Fight for Each Other. It’s Very Important.’ - Kostas Tsimikas on Squad Bond
- Watch: All Of Darwin Nunez’s Four Goals In Liverpool’s Thrashing Of RB Leipzig
- That's Of Course The Perfect Night For Him' - Jurgen Klopp Reacts To Darwin Nunez Scoring Four Goals
Follow Us On: Twitter | YouTube | Instagram | Facebook | Spotify | TikTok | | https://www.si.com/soccer/liverpool/transfers/report-agents-of-liverpool-striker-roberto-firmino-pushing-for-juventus-transfer-with-world-cup-in-mind | 2022-07-28T09:28:47Z | https://www.si.com/soccer/liverpool/transfers/report-agents-of-liverpool-striker-roberto-firmino-pushing-for-juventus-transfer-with-world-cup-in-mind | true | 2 |
Gmail rolls out its latest Material You redesign and search improvements to all users
If you feel like you've seen a lot of "Gmail redesign roll out" posts in the last few months, it's not just you: Google has been teasing and testing features for new, integrated-view quick access to apps like Chat and Meet since the start of the year. Last month, it also introduced a new look for Gmail based on the Material You design philosophy. Now, all of this is finally rolling out in one update to all users in the coming weeks.
Gmail's new Material You look Image Credits: Google
Let's make a few things clear. The Material You redesign with new shades for reading emails and all panels are rolling out to everyone. The integrated view — which has the side panel with Mail, Chat, Spaces, and Meet icons — is rolling out to everyone who has Chat enabled. If you don't like it, you can switch back to the old Gmail view through the Quick settings menu.
Image Credits: Google
The new redesign brings filter buttons called search chips like "Has attachment" or "Is unread" to the inbox view. Earlier these filters were available in the search box or when users were browsing through the results of a query, meaning users had to go through that extra step to access these filters.
Image Credits: Google
The company is also rolling out contextual search suggestions improvements. Google is now giving priority to the first name and email addresses over the last name while searching for contacts. Plus, Gmail will consider historical conversations while showing personalized suggestions. For instance, it will show a colleague's name whom you interact with frequently over another person with the same name.
Google said that it's also working on optimizing the emoji experience and Gmail for tablets with an aim to ship these features later this year. Earlier this week, the firm introduced new tablet-focused features for Drive, Keep, Docs, Slides, and Sheets including drag-and-drop for images and files across apps and a multiwindow experience for Drive. Hopefully, Google will introduce some of these features to Gmail. | https://finance.yahoo.com/news/gmail-rolls-latest-material-redesign-080348274.html | 2022-07-28T09:29:09Z | https://finance.yahoo.com/news/gmail-rolls-latest-material-redesign-080348274.html | false | 3 |
Taiwan stages Chinese invasion war games with Ukraine in mind
Taiwan kicked off its largest annual military exercises Monday, with trench warfare and shoulder-launched Stinger missiles deployed against simulated Chinese attacks in drills informed by the Russian invasion of Ukraine.
Democratic Taiwan lives under constant threat of being seized by China, which views the self-ruled island as part of its territory to be taken by force if necessary.
Russia's assault on Ukraine has heightened fears that Beijing might similarly follow through on threats to annex its much smaller and outgunned neighbour.
This year's five-day "Han Kuang" (Han Glory) war games have incorporated lessons from the ongoing European war, simulating "all possible actions" China could take to invade Taiwan, according to the defence ministry.
On Monday, reservists armed with machine guns ran into sandbagged trenches dug under a bridge before getting into firing position, in a drill aimed at blocking enemies from gaining access to the capital Taipei.
"The underground bunkers help cover the troops and ward off the enemy's strike forces," said Su Tzu-yun, a military expert at Taiwan's Institute for National Defence and Security Research.
"They are part of Ukraine's urban warfare."
Stinger missiles, effective against helicopters and low-flying planes, were also deployed in some high-rise buildings in the area, he said.
The highly portable missiles have been invaluable to Ukrainian forces fighting off Russian air power.
Separately, the streets in several northern cities were empty for 30 minutes as part of a civilian air-raid drill, with pedestrians and cars banned after sirens and text-message alerts warned of mock missile attacks.
Beijing's sabre-rattling has increased considerably since Taiwan's President Tsai Ing-wen took office in 2016, as she rejects its stance that the island is part of China.
Bill Burns, director of the United States' Central Intelligence Agency, recently said China appeared determined to use force in Taiwan, with Russia's experience in Ukraine affecting its calculations on when and how -- not whether -- to invade.
Last year, Taiwan recorded 969 incursions by Chinese warplanes into its air defence zone, according to a database compiled by AFP -- more than double the roughly 380 in 2020.
The number of sorties has reached more than 600 so far this year. | https://www.newsbreak.com/news/2679260613049/taiwan-stages-chinese-invasion-war-games-with-ukraine-in-mind | 2022-07-28T09:33:55Z | https://www.newsbreak.com/news/2679260613049/taiwan-stages-chinese-invasion-war-games-with-ukraine-in-mind | false | 8 |
COVID-19 emergency funding was critical to initial response but did not address nation's long-standing underinvestment in public health; $4.5 billion in annual funding is needed
WASHINGTON, July 28, 2022 /PRNewswire/ -- Chronic underfunding has created a public health system that cannot address the nation's health security needs, its persistent health inequities, as well as emerging threats, and, was a contributing factor in the inadequate response to the COVID-19 pandemic, according to a report, The Impact of Chronic Underfunding on America's Public Health System: Trends, Risks, and Recommendations, 2022, released today by Trust for America's Health.
"Emergency funding is important but not sufficient to fill the longstanding gaps in public health investments. The 'boom-and-bust' cycle of public health funding has meant that the system does not have the tools or workforce to modernize and respond to the range of threats impacting our communities," said J. Nadine Gracia, M.D., MSCE, President and CEO of Trust for America's Health.
This annual report examines federal, state, and local public health funding trends and recommends investments and policy actions to build a stronger public health system, prioritize prevention, and address the ways in which social and economic inequities create barriers to good health in many communities.
Lack of funding in core public health programs slowed the response to the COVID-19 pandemic and exacerbated its impact, particularly in low-income communities, communities of color, and for older Americans – populations that experience higher rates of chronic disease and have fewer resources to recover from an emergency. TFAH is one of numerous organizations within the public health community calling for an annual $4.5 billion investment in public health infrastructure at the state, local, tribal, and territorial levels.
"As we navigate the next stages of the pandemic and beyond, it is critical that we modernize public health data infrastructure, grow, and diversify the public health workforce, invest in health promotion and prevention programs, and reduce health inequities. Investments in public health are needed in every community but should particularly be directed to those communities, which due to the impacts of structural racism, poverty, systemic discrimination, and disinvestment, are placed at greatest risk during a health emergency," said Dr. Gracia.
Emergency funding is not sufficient to address system weaknesses created by chronic underfunding
State and local public health agencies managed two divergent realities during 2021. Short-term funding was up significantly as the federal government provided response funding to states and localities in an effort to control the pandemic. But this funding was one-time money and often specifically tied to COVID-19. Most of it could not be used to address longstanding deficits in the public health system, including ensuring the provision of basic public health services, replacing antiquated data systems, and growing the public health workforce. An October 2021 analysis conducted by the de Beaumont Foundation and the Public Health National Center for Innovations, found that state and local health departments need an 80 percent increase in the size of their workforce to be able to provide comprehensive public health services to their communities.
Another challenge for state and local health departments is that emergency response funding, while critical during the emergency, is too late to build prevention and preparedness programs, programs that must be in place before an emergency if they are going to protect lives. To be adequately prepared for the next public health emergency, the nation needs to sustain higher levels of public health funding and provide more flexible funding.
Funding for two key emergency preparedness and response programs are down sharply over the past two decades:
- The U.S. Centers for Disease Control and Prevention (CDC) is the country's leading public health agency and the primary source of funding for state, local, tribal, and territorial health departments. CDC's annual funding for Public Health Emergency Preparedness (PHEP) programs increased slightly between FY 2021 and FY 2022, from $840 million to $862 million, but has been reduced by just over one-fifth since FY 2002, or approximately in half when adjusted for inflation.
- The Hospital Preparedness Program, administered by the U.S. Department of Health and Human Services' Office of the Assistant Secretary for Preparedness and Response, is the primary source of federal funding to help healthcare systems prepare for emergencies. It has experienced a nearly two-thirds reduction over the last two decades when adjusted for inflation.
As a nation, we spent $4.1 trillion on health in 2020 but only 5.4 percent of that spending targeted public health and prevention. Notably, this share nearly doubled last year as compared to 2019 – due to short-term COVID-19 response funding – but is still grossly inadequate and likely to return to pre-pandemic levels if the historic pattern of surging funding for public health during an emergency but neglecting it at other times resumes. Inadequate funding means that effective public health programs, such as those to prevent suicide, obesity, and environmental health threats, only reach a fraction of states. This longstanding neglect contributes to high rates of chronic disease and persistent health inequities.
"We must break the pattern of only investing in the public health system during an emergency, which undermines the power of preparedness and prevention. Investing in public health and health equity on a continuing basis, including doing non-emergency times, will save lives and help reduce the economic costs to our nation during and between emergencies," Dr. Gracia said.
The impacts of structural racism, poverty, discrimination, and disinvestment must also be addressed through investments in programs that ensure every community has access to healthy food, safe housing, healthcare, transportation, education, and employment – all factors that impact people's health.
The report calls for policy action by the administration, Congress, and state and local officials within four areas:
Substantially increase core funding to strengthen public health infrastructure and grow the public health workforce, including increasing CDC's base appropriation and modernizing the nation's public health data and disease tracking systems.
Invest in the nation's health security by increasing funding for public health emergency preparedness, including within the healthcare system, improving immunization infrastructure, and addressing the impacts of climate change.
Address health inequities and their impact on root causes of disease by addressing the social determinants of health that have an outsized impact on health outcomes.
Safeguard and improve health across the lifespan. Many programs that promote health and prevent the leading causes of disease, disability, and death have been long neglected and do not reach all states or the populations most at risk. Reinvigorating programs that stem chronic disease, support children and families, and prevent substance misuse and suicide should be a top priority.
Read the full report at: https://www.tfah.org/report-details/funding-report-2022/
Trust for America's Health is a nonprofit, nonpartisan organization that promotes optimal health for every person and community through policy action and works to make the prevention of illness and injury a national priority. www.tfah.org.
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SOURCE Trust for America's Health | https://www.kolotv.com/prnewswire/2022/07/28/new-report-nations-chronic-lack-investment-public-health-puts-americans-lives-livelihoods-risk/ | 2022-07-28T09:35:27Z | https://www.kolotv.com/prnewswire/2022/07/28/new-report-nations-chronic-lack-investment-public-health-puts-americans-lives-livelihoods-risk/ | false | 12 |
Shares of Sherwin-Williams Co.
SHW,
-8.78%
shed 8.78% to $231.97 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+2.62%
rising 2.62% to 4,023.61 and the Dow Jones Industrial Average
DJIA,
+1.37%
rising 1.37% to 32,197.59. This was the stock's second consecutive day of losses. Sherwin-Williams Co. closed $122.18 short of its 52-week high ($354.15), which the company achieved on December 30th.
The stock underperformed when compared to some of its competitors Wednesday, as Home Depot Inc.
HD,
+0.24%
rose 0.24% to $298.91, PPG Industries Inc.
PPG,
+0.56%
rose 0.56% to $126.93, and Masco Corp.
MAS,
-2.16%
fell 2.16% to $53.92. Trading volume (7.3 M) eclipsed its 50-day average volume of 1.6 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use. | https://www.marketwatch.com/story/sherwin-williams-co-stock-underperforms-wednesday-when-compared-to-competitors-01658956829-83fdd3a84bf8 | 2022-07-28T09:39:28Z | https://www.marketwatch.com/story/sherwin-williams-co-stock-underperforms-wednesday-when-compared-to-competitors-01658956829-83fdd3a84bf8 | false | null |
By Shane Wright
The softening-up complete, the onus is now on Treasurer Jim Chalmers to start delivering.
Chalmers’ economic update, outlining just how much has changed since his predecessor, Josh Frydenberg, delivered a rose-hued budget back in March, contained some harsh truths.
Frydenberg’s speech could be from another time. The official cash rate was 0.1 per cent, wages were expected to outpace inflation and a decent-looking iceberg lettuce didn’t require a small personal loan and a battle in the local Coles shopping aisles.
Chalmers’ update contained sizeable reductions in expected GDP, a ramp-up in inflation to a 32-year high and the revelation that wages won’t be doing better than inflation until at least 2024.
Extrapolating the wage forecasts, most Australians won’t see their real pay back to its pre-COVID level until the second half of this decade.
Chalmers, with his most ashen of ashen faces, outlined the figures and declared he and the government understood the pain facing Australians while noting it could not be turned around on a dime.
“Nine years of mess can’t be cleaned up in nine weeks – it will take time. Australians know this too,” he said.
But as his new Liberal opponent, Angus Taylor, correctly pointed out, just laying out the issues facing the economy and the budget is one thing. Dealing with them is how Chalmers and the government will be judged.
While it’s true getting all the government’s policy ducks in a row will take longer than nine weeks, that explanation is unlikely to extend to the budget in October.
It’s even more difficult for a government that went to an election promising to turn around the fall in real wages being felt by all Australians.
Yes, the Fair Work Commission okayed a 5.2 per cent increase for the lowest paid. But for the more than 13 million people who aren’t on the minimum wage, getting a real increase in take-home pay is a long way off.
The Reserve Bank has put its foot to the floor in a bid to get interest rates to a level that will take some of the inflation pressure out of the economy (and money out of the pocket of home buyers). But as Chalmers’ figures showed, that tightening of monetary policy will translate into slower growth and slightly higher unemployment.
At the budget level, the petrol excise holiday will come to an end in September. No matter what happens to oil prices between now and then, people will miss the 22.1¢-a-litre excise cut.
Further out, the low- and middle-income tax offset – currently injecting $12 billion into the pockets of about 10 million people – is ending. From July next year, no matter which way you paint it, the tax bills of those 10 million people are going up.
Chalmers has rightfully used his time since moving into the treasurer’s office to outline the situation facing the country. He and the government now have three months to craft a budget that deals with that situation.
Cut through the noise of federal politics with news, views and expert analysis from Jacqueline Maley. Subscribers can sign up to our weekly Inside Politics newsletter here. | https://www.smh.com.au/politics/federal/economic-bad-cop-time-coming-to-an-end-for-chalmers-20220728-p5b5ez.html?ref=rss&utm_medium=rss&utm_source=rss_politics_federal | 2022-07-28T09:42:57Z | https://www.smh.com.au/politics/federal/economic-bad-cop-time-coming-to-an-end-for-chalmers-20220728-p5b5ez.html?ref=rss&utm_medium=rss&utm_source=rss_politics_federal | true | 8 |
As climate change warms the planet, drives up sea levels and energizes hurricanes, the arsenal of dangerous impacts delivered by the fierce storms is expected to get supercharged.
Among the most worrisome: powerful flooding from storm surge.
Rising seas and stronger winds mean the punishing waves pushed ashore by tropical storms and hurricanes will make their way farther and farther inland. That inland march would expose a larger swath of the U.S. coast to the kind of flooding unleashed during Hurricanes Katrina and Sandy, and put more people at risk of drowning, the leading cause of death in hurricanes.
An NPR analysis based on modeling from the National Hurricane Center for three critical regions — New York City, Washington, D.C., and Miami-Dade County — found future sea rise alone could expose about 720,000 more people to flooding in the decades to come.
The analysis used three landmark hurricanes — Sandy, Isabel, and Irma — as benchmarks to understand how the impacts of storm surge could grow.
In all three regions, flooding from storm surge that once lingered along the coast travels miles farther inland and grows deeper. By 2080, when sea rise could reach more than three feet, flooding would engulf even more critical infrastructure, including hospitals and schools that often provide shelter.
"Every bit of sea level that we add to this just makes this kind of scenario worse," said Brian Haus, a hurricane researcher at the University of Miami's Rosenstiel School of Marine and Atmospheric Science, who studies the damaging power of storm surge.
Unlike flood waters from rainfall or overflowing canals or rivers, storm surge also carries the power of wind, he said. When a hurricane makes landfall, winds powerful enough to rip a roof off a house push a wall of water onto shore.
"Each time a wave hits, it's just a big spike," Haus said. "That kind of repetitive shock loading is the kind of thing that causes a lot of structural failure."
The National Hurricane Center began testing surge forecasts in 2014 and issued the first official forecasts in 2017, the year Hurricane Irma slammed Florida and triggered the largest evacuation in the state's history.
"Storm surge was killing people more than any other hazard. So they went on this campaign to figure out how can we do something in a way that people understand," said Cody Fritz, who leads the hurricane center's storm surge unit and conducted the modeling for NPR.
Over the years, the center improved its surge model, adding sophisticated layers that provide a more detailed projection of how that water travels over land.
"Realistically, you can zoom down to where the water might be," Fritz said. "We're not that good that we can [locate your] mailbox, but you have a pretty good idea of what risk you might have to deal with."
MIAMI
A building boom in the path of storm surge
Five years ago, Hurricane Irma aimed its mighty force at Miami, putting the nation's seventh-most populated county in the crosshairs of one of the most powerful storms on record.
"It was clear that basically everything east of U.S.1 would be under nine feet of water, which includes my house," said Brian Haus, the University of Miami researcher who studies the damaging impacts from storm surge. "This would have been the complete worst-case scenario for everything in South Dade [County]."
Instead, the storm swerved left and crossed the Lower Keys, sparing the crowded coast from the worst of its flooding.
But what if Irma had stayed its course? As seas rise, storm surge projections modeled by the National Hurricane Center suggest the scenario Haus feared could become dramatically worse. It's a particularly urgent threat for the low-lying southern end of the county, where fast-growing suburbs are squeezed between two national parks and a shrinking farming community.
Using an array of data including wind speeds and other atmospheric conditions during Irma, as well as topography and other features onshore, the National Hurricane Center modeled the depth and extent of flooding Irma would have produced had the center of the storm made landfall in Miami-Dade County.
Fritz, the center's storm surge chief, then added the latest sea level rise projections for the coming years from the National Oceanic and Atmospheric Administration (NOAA) to depict worsening storm surge.
Flooding already at lethal levels under today's conditions would top nine feet farther and farther inland as waters rise. An NPR analysis using 2020 Census data found the number of people at risk could nearly double by 2080, based on NOAA's likely sea level rise projection of just over 2.5 feet.
After Hurricane Andrew swept through in 1992 and decimated the area, South Florida has continued to see repeated strikes or near-misses by tropical storms or hurricanes. Yet construction in the county has boomed almost non-stop.
Developments like Crystal Cay, Silver Palms and Pine Vista replaced tomato fields and marshes. According to data from the University of Florida, 52 percent of developed lots in the area of southern Miami-Dade County pictured in the map below have been built since Andrew. That's more than 44,000 out of about 85,000 parcels with structures.
Of that post-Andrew construction, just over a third is already vulnerable to flooding from a storm like Irma. By 2080, nearly two-thirds (28,000) of those recently developed lots will be at risk.
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When a powerful storm comes, "Nothing to do but sit there, and pray and wait."
A U.S. Air Force base and nuclear power plant would be among the critical facilities hit by the surge. The plant's reactors are elevated about 20 feet above sea level, but roads needed to carry diesel fuel and other supplies to a shuttered plant would be under more than nine feet of water.
Black residents in South Florida would be three times more likely to be flooded, a higher rate than the rest of the population, according to an analysis by Tampa Bay Times data editor Langston Taylor.
The tiny village of Cutler Bay would be one of the many places to bear the full brunt of the surge. Just this past June, flooding from what would become the first named storm of this year's hurricane season submerged parts of the town, including Craig Emmanuel's street.
"You went to sleep on dry land and you woke up and the streets were flooded," said Emmanuel, who nearly missed his son's fifth grade graduation. "I don't think anyone was prepared for it to be as high as it was."
In nearby Richmond Heights, where Emmanuel grew up and his parents rebuilt their house after Andrew, flooding could be between six feet and nine feet deep in just four decades. The historic black community, built after World War II for returning vets, sits more than five miles from the coast.
And that kind of inland flooding can complicate evacuation plans. State emergency managers say it would take about a day to evacuate coastal neighborhoods. When flooding reaches inland communities, evacuation times more than triple.
Tim Meerbott, Cutler Bay's mayor and a lifelong resident, helped found the village in 2005 partly to help recover from Andrew, a storm he rode out hiding in his garage with his family.
"We didn't have near as many residents back then. We didn't have near as much concrete back then," he said. "Andrew had 165 mile an hour sustained winds and you're up to your shoulders in water. What do you do? Nothing to do but sit there, and pray and wait."
NEW YORK CITY
A tale of two river walks
Superstorm Sandy was the deadliest storm of the 2012 hurricane season. Over 48 hours, it damaged or destroyed nearly 800 buildings across New York City, including 70,000 housing units and left about 2 million people without electricity. Forty-three people in the city died as a result and damage was estimated at $19 billion. The preparation and response was one of the largest mobilizations of public services in history, according to the city.
The consequences of a similar storm in the future could be even worse.
With rising sea levels, the National Hurricane Center's model predicts that the extent and depth of storm surge will grow dramatically across the five boroughs. NPR's analysis found that the number of New Yorkers directly threatened by flooding could more than double from about 207,000 in 2020 to 468,000 in 2080.
Superstorm Sandy slammed 35 public housing developments managed by the New York City Housing Administration (NYCHA), leaving tens of thousands of low-income New Yorkers without power. Other types of affordable housing were hit hard, too: about 24,000 apartments were in the path of the storm surge, according to data from New York University's Furman Center.
Claudia Perez lives in the Washington Houses in East Harlem and is president of the residents' association. She recalled watching the floodwaters surge around the local hospital.
"Sandy was really scary," she said. "When you see a hospital going underwater, you're like, 'Oh my God, what's going on here?' "
Future storms, coupled with sea level rise from climate change, will flood even more low-income New Yorkers' apartments, exacerbating an ongoing affordable housing crisis. An NPR analysis of data from the National Hurricane Center (NHC) predicts that a Sandy-like storm could flood more than 50 NYCHA developments by 2080.
Nationally, one study projects three times as many low-income homes at risk of frequent flooding by 2050.
"People in affordable housing are more exposed to flooding, and they have the least resources to deal with it," said Bernice Rosenzweig, a professor of environmental studies at Sarah Lawrence College.
Disasters often leave a legacy that involves a struggle to adapt with the resources left behind. In East Harlem, for example, Sandy's floodwaters damaged parts of Metro North Plaza and the East River Houses, two NYCHA developments. Both received funding from the Federal Emergency Management Agency (FEMA) for repairs and upgrades, which are still in progress.
The nearby Washington Houses were outside Sandy's main inundation zone, so it wasn't eligible for the same FEMA-funded resiliency upgrades. But the NHC data predicts that, as early as 2050, a comparable storm could bring floodwaters to the development's door, putting residents and infrastructure at risk.
Million dollars homes built in storm surge zones
Across the East River in Brooklyn, upscale neighborhoods also are at risk. The blue door for the El Pinguino oyster bar sits on Greenpoint Avenue, a few steps from the luxury tower-studded skyline of the waterfront.
Owner Nicholas Padilla has come to dread the rain. At any given time in his dirt basement, Padilla can dig about six inches deep and hit water.
Padilla's first restaurant in the area, Alameda, was flooded with six feet of water and raw sewage by Sandy, costing him tens of thousands of dollars in damages, shortly after he had signed the lease. But he won't leave until the flood waters chase him permanently from his business and his home, located less than a block away. He doesn't know where else to live.
"It's New York City. It's so hard to find somewhere to go. It just feels like people will just live here until it's in the river," Padilla said.
Several parts of New York City's waterfront, including the neighborhoods of Greenpoint and Williamsburg in Brooklyn, are booming with development. The local community board estimates that 40,000 residents were added to both waterfront areas in the past decade — many in new high-rise towers right along the East River. Despite sea level rise, this property ranks among the most valuable in the city — with median sales around $1.2 million last year.
Over the next 30 years, tide and storm surges will bring damaging flooding here at a frequency that will be more than 10 times as often as it does today, according to other data from NOAA.
Advocates and environmental experts are urging the city, state and federal government to prepare its housing stock for coming storms. Some are calling for building upgrades, so New Yorkers aren't trapped in powerless, hazardous apartments and houses the next time the storms arrive. Others say the time to depart is now.
"We can't control the ocean, not even with sea walls," said Dr. Klaus Jacob, a geophysicist and climate expert at Columbia University's Climate School. "We need to start moving people to higher ground now, and using the coastal areas as a barrier."
WASHINGTON D.C.
Waterfront parks create accidental resilience
With Hurricane Isabel still churning off the coast of North Carolina, on Sept. 18, 2003, Washington, D.C., and federal officials decided to shut down the nation's capital. Metro trains and buses stopped running more than 12 hours before the storm hit the city, and 350,000 federal workers were told to stay home.
The storm blew into the District in the middle of the night, with winds of up to 65 miles per hour, pushing a bulge of water up the Potomac and Anacostia Rivers from the Chesapeake Bay.
The Potomac crested at 11.3 ft. above normal – beating the previous storm surge record from 1933. Flooding and downed trees caused an estimated $125 million in damages in D.C., according to the National Weather Service, with millions more in the surrounding suburbs in Maryland and Virginia.
But unlike the other examples in this story, most of the flooding occurred on waterfront parks, including parts of the National Mall, the grassy expanse near the White House dotted with monuments.
In coming decades, as the Potomac and Anacostia rivers rise because of climate change, more areas will be inundated by storm surge flooding. But even in 2080, with sea level three feet higher or more, waterfront parks would absorb the brunt of flooding from storm surges, leaving most homes and businesses dry.
According to the National Hurricane Center's storm surge models and NPR's analysis of 2020 Census data, just 2,100 Washingtonians are likely to be threatened by an Isabel-like storm in 2080, up from 600 people in 2020, due to sea level rise. That's a relatively small number of people in a city of nearly 700,000.
A 150-year-old federal park building frenzy
"D.C. got lucky," says David Ramos, who teaches graphic design at American University and has studied and mapped Washington's historic waterways.
Without intending to, early D.C. planners built in a degree of resilience to the waterfront. It started in the late 1870s, when the Army Corps of Engineers began dredging the silted-up Potomac, where Ramos says "a giant, smelly mudflat" had formed near the White House – a consequence of deforestation upstream and a lack of sanitation in the city.
The Army Corps built new land with the dredged up muck, creating miles of new shoreline. This reclaimed land is now the most at-risk for flooding in the city.
Ramos says the river dredging project happened to coincide with a federal park-building frenzy – the results of which can be seen in the expansive green spaces of today's National Mall.
"Most of the American cities that had big amounts of landfill decided to build housing or businesses on it," Ramos says. In D.C., the vast majority of new riverfront land became parks, nowadays managed by the National Park Service.
"There was no thought at the time about resiliency, withstanding flood damage and things of that sort," says historian John Wennersten, who has authored several books about D.C. waterways. "It was creating more land space for the development of what they called 'monumental Washington,' between 1890 and 1920. Inadvertently, it offered a modicum of protection against storms and tidal surges."
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In addition to this "inadvertent" protection, the federal government also constructed a levee system to protect agency headquarters located in low-lying areas downtown.
D.C. also lucked out in terms of geography: the city is farther inland than many East Coast cities, and it is located on the fall line – the place where the coastal plain transitions to higher, hillier land. Much of the city is built on the uphill side of the fall line.
Increasing pressure to build in areas that will flood
In today's Washington, the few riverfront areas that aren't parks are among the fastest growing neighborhoods in the city, as developers turn old industrial areas into luxury apartments and condos.
"The city is not going to stop building," says Meredith Upchurch, with the D.C. Department of Energy and Environment. "We still need to be using a lot of those areas for residential housing, for commerce. People want to be near the river – it's a very desirable place."
The city is updating floodplain regulations to account for rising sea levels, which Upchurch says will more than double the number of buildings considered flood prone and subject to flood-proofing requirements.
And while D.C. "got lucky" in terms of storm surge flooding, compared to other East Coast cities, it's still at high risk from other types of flooding that are being made worse by climate change.
The worst floods in recent years, says Upchurch, have been caused by interior flooding, when a storm dumps more rain on the city than storm drains can handle. Unlike storm surges, there is little to no warning for these events, and flooding can happen miles from a river.
"The storms are just more frequent, more intense and more unpredictable," Upchurch says, noting severe interior flooding has occurred in D.C. in 2018, 2019 and 2020.
According to climate modeling conducted by the city, this type of flooding will only get worse. What is now considered a 100-year storm (with a 1-in-100 chance of occurring in any given year) is projected to be a 15-year storm by 2080 – more than six times as likely to occur.
In a worst-case scenario, interior flooding could coincide with a storm surge, and even with flood waters coming from upstream in the Potomac watershed. In fact, that's what officials were preparing for in 2003 – why the entire city shut down ahead of the storm. Forecasters warned of up to 12 inches of rain; after Isabel passed through, less than an inch had fallen on the city.
"If it looks scary, it is"
Looking to the future, climate and hurricane experts say the nation needs to seriously rethink how it inhabits such vulnerable areas. Early planners unwittingly spared the nation's capital. But in bustling regions like New York and South Florida, catastrophic hurricanes have done little to slow growth in areas where risk becomes more dangerous and more costly. In South Florida alone, future sea rise could nearly double the number of structures in the path of flooding.
"The hardest part with disaster planning is that it's just so difficult to imagine," said Katherine Hagemann, Miami-Dade County's adaptation manager. "I think a lot about this worst case scenario. But that's not the way that most people live."
And that's where the hurricane center thinks it can help. The agency ultimately hopes to replicate the modeling along the entire U.S. coast, said Cody Fritz, the hurricane center storm surge chief.
"When you raise the sea level, it will change the game in terms of the hazard of storm surge," Fritz said. "If it looks scary, it is."
Methodology
The projections of storm surge used in this story were produced by the Storm Surge Unit at the National Hurricane Center. The researchers provided models of possible storm surge under three different sea level rise scenarios — Intermediate-Low, Intermediate, and Intermediate-High — which are possible depending on how climate change unfolds. For the analysis and maps in this story, NPR used the storm surge models based on the Intermediate sea level rise scenario. The storm surge models have intrinsic uncertainty, and NPR excluded storm surge flooding of less than 1 foot from the maps and analysis because it falls within the likely margin of error. For more information on the sea level rise scenarios, see the National Ocean Service's 2022 Sea Level Rise Technical Report.
The hypothetical track for Irma is based on a forecasted track from the actual storm in 2019.
To project how many people could be directly threatened by storm surge, NPR used 2020 Census data to analyze how many people live within the projected inundation zone for each time step. The analysis only considered the potential impacts of the flooding within Miami-Dade County, New York City, and the District of Columbia, respectively, and the analysis does not take into account population growth, migration, or mitigation efforts.
To determine the percentage of lots developed in southern Miami-Dade County since Hurricane Andrew, NPR used parcel data hosted by the Florida Geographic Data Library and created by the University of Florida GeoPlan Center. To visualize the rapid development, the parcel data was joined to building footprints data created by Microsoft.
The NYCHA developments data was downloaded from NYC Open Data.
The base maps for the other regions also include the building footprints data from Microsoft, as well as road and water data from OpenStreetMap.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.publicradiotulsa.org/npr-national-news/npr-national-news/2022-07-28/these-hurricane-flood-maps-reveal-the-climate-future-for-miami-nyc-and-d-c | 2022-07-28T09:46:55Z | https://www.publicradiotulsa.org/npr-national-news/npr-national-news/2022-07-28/these-hurricane-flood-maps-reveal-the-climate-future-for-miami-nyc-and-d-c | false | 16 |
CHS Inc. (NASDAQ:CHSCN – Get Rating) Director Mark L. Farrell sold 3,000 shares of the firm’s stock in a transaction on Tuesday, July 26th. The shares were sold at an average price of $29.51, for a total value of $88,530.00. Following the transaction, the director now owns 3,000 shares in the company, valued at $88,530. The sale was disclosed in a document filed with the SEC, which is available at this link.
CHS Trading Down 0.4 %
Shares of NASDAQ:CHSCN opened at $25.80 on Thursday. The company’s fifty day moving average is $25.92. CHS Inc. has a 1-year low of $24.02 and a 1-year high of $28.86.
CHS Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Friday, June 17th were given a dividend of $0.4438 per share. This represents a $1.78 annualized dividend and a dividend yield of 6.88%. The ex-dividend date was Thursday, June 16th.
CHS Company Profile
CHS Inc, an integrated agricultural company, provides grains, foods, and energy resources to businesses and consumers in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Energy, Ag, Nitrogen Production, and Foods. It is involved in the operation of petroleum refineries and pipelines; supply, marketing, and distribution of refined fuels, including gasoline, diesel fuel, and other energy products; blending, sale, and distribution of lubricants; and the supply of propane and other natural gas liquids.
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Receive News & Ratings for CHS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CHS and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.americanbankingnews.com/2022/07/28/mark-l-farrell-sells-3000-shares-of-chs-inc-nasdaqchscn-stock.html | 2022-07-28T09:48:19Z | https://www.americanbankingnews.com/2022/07/28/mark-l-farrell-sells-3000-shares-of-chs-inc-nasdaqchscn-stock.html | true | 3 |
Fla. Plans Reinsurance Program Amid Possible Downgrades
By Ben Zigterman · July 27, 2022, 8:08 PM EDT
A day after Florida's top rating agency delayed plans to downgrade as many as 17 insurers, the state's Office of Insurance Regulation announced a temporary reinsurance program to avoid disruption if...
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Already a subscriber? Click here to login | https://www.law360.com/insurance-authority/articles/1515656/fla-plans-reinsurance-program-amid-possible-downgrades | 2022-07-28T09:48:40Z | https://www.law360.com/insurance-authority/articles/1515656/fla-plans-reinsurance-program-amid-possible-downgrades | true | null |
As climate change warms the planet, drives up sea levels and energizes hurricanes, the arsenal of dangerous impacts delivered by the fierce storms is expected to get supercharged.
Among the most worrisome: powerful flooding from storm surge.
Rising seas and stronger winds mean the punishing waves pushed ashore by tropical storms and hurricanes will make their way farther and farther inland. That inland march would expose a larger swath of the U.S. coast to the kind of flooding unleashed during Hurricanes Katrina and Sandy, and put more people at risk of drowning, the leading cause of death in hurricanes.
An NPR analysis based on modeling from the National Hurricane Center for three critical regions — New York City, Washington, D.C., and Miami-Dade County — found future sea rise alone could expose about 720,000 more people to flooding in the decades to come.
The analysis used three landmark hurricanes — Sandy, Isabel, and Irma — as benchmarks to understand how the impacts of storm surge could grow.
In all three regions, flooding from storm surge that once lingered along the coast travels miles farther inland and grows deeper. By 2080, when sea rise could reach more than three feet, flooding would engulf even more critical infrastructure, including hospitals and schools that often provide shelter.
"Every bit of sea level that we add to this just makes this kind of scenario worse," said Brian Haus, a hurricane researcher at the University of Miami's Rosenstiel School of Marine and Atmospheric Science, who studies the damaging power of storm surge.
Unlike flood waters from rainfall or overflowing canals or rivers, storm surge also carries the power of wind, he said. When a hurricane makes landfall, winds powerful enough to rip a roof off a house push a wall of water onto shore.
"Each time a wave hits, it's just a big spike," Haus said. "That kind of repetitive shock loading is the kind of thing that causes a lot of structural failure."
The National Hurricane Center began testing surge forecasts in 2014 and issued the first official forecasts in 2017, the year Hurricane Irma slammed Florida and triggered the largest evacuation in the state's history.
"Storm surge was killing people more than any other hazard. So they went on this campaign to figure out how can we do something in a way that people understand," said Cody Fritz, who leads the hurricane center's storm surge unit and conducted the modeling for NPR.
Over the years, the center improved its surge model, adding sophisticated layers that provide a more detailed projection of how that water travels over land.
"Realistically, you can zoom down to where the water might be," Fritz said. "We're not that good that we can [locate your] mailbox, but you have a pretty good idea of what risk you might have to deal with."
MIAMI
A building boom in the path of storm surge
Five years ago, Hurricane Irma aimed its mighty force at Miami, putting the nation's seventh-most populated county in the crosshairs of one of the most powerful storms on record.
"It was clear that basically everything east of U.S.1 would be under nine feet of water, which includes my house," said Brian Haus, the University of Miami researcher who studies the damaging impacts from storm surge. "This would have been the complete worst-case scenario for everything in South Dade [County]."
Instead, the storm swerved left and crossed the Lower Keys, sparing the crowded coast from the worst of its flooding.
But what if Irma had stayed its course? As seas rise, storm surge projections modeled by the National Hurricane Center suggest the scenario Haus feared could become dramatically worse. It's a particularly urgent threat for the low-lying southern end of the county, where fast-growing suburbs are squeezed between two national parks and a shrinking farming community.
Using an array of data including wind speeds and other atmospheric conditions during Irma, as well as topography and other features onshore, the National Hurricane Center modeled the depth and extent of flooding Irma would have produced had the center of the storm made landfall in Miami-Dade County.
Fritz, the center's storm surge chief, then added the latest sea level rise projections for the coming years from the National Oceanic and Atmospheric Administration (NOAA) to depict worsening storm surge.
Flooding already at lethal levels under today's conditions would top nine feet farther and farther inland as waters rise. An NPR analysis using 2020 Census data found the number of people at risk could nearly double by 2080, based on NOAA's likely sea level rise projection of just over 2.5 feet.
After Hurricane Andrew swept through in 1992 and decimated the area, South Florida has continued to see repeated strikes or near-misses by tropical storms or hurricanes. Yet construction in the county has boomed almost non-stop.
Developments like Crystal Cay, Silver Palms and Pine Vista replaced tomato fields and marshes. According to data from the University of Florida, 52 percent of developed lots in the area of southern Miami-Dade County pictured in the map below have been built since Andrew. That's more than 44,000 out of about 85,000 parcels with structures.
Of that post-Andrew construction, just over a third is already vulnerable to flooding from a storm like Irma. By 2080, nearly two-thirds (28,000) of those recently developed lots will be at risk.
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When a powerful storm comes, "Nothing to do but sit there, and pray and wait."
A U.S. Air Force base and nuclear power plant would be among the critical facilities hit by the surge. The plant's reactors are elevated about 20 feet above sea level, but roads needed to carry diesel fuel and other supplies to a shuttered plant would be under more than nine feet of water.
Black residents in South Florida would be three times more likely to be flooded, a higher rate than the rest of the population, according to an analysis by Tampa Bay Times data editor Langston Taylor.
The tiny village of Cutler Bay would be one of the many places to bear the full brunt of the surge. Just this past June, flooding from what would become the first named storm of this year's hurricane season submerged parts of the town, including Craig Emmanuel's street.
"You went to sleep on dry land and you woke up and the streets were flooded," said Emmanuel, who nearly missed his son's fifth grade graduation. "I don't think anyone was prepared for it to be as high as it was."
In nearby Richmond Heights, where Emmanuel grew up and his parents rebuilt their house after Andrew, flooding could be between six feet and nine feet deep in just four decades. The historic black community, built after World War II for returning vets, sits more than five miles from the coast.
And that kind of inland flooding can complicate evacuation plans. State emergency managers say it would take about a day to evacuate coastal neighborhoods. When flooding reaches inland communities, evacuation times more than triple.
Tim Meerbott, Cutler Bay's mayor and a lifelong resident, helped found the village in 2005 partly to help recover from Andrew, a storm he rode out hiding in his garage with his family.
"We didn't have near as many residents back then. We didn't have near as much concrete back then," he said. "Andrew had 165 mile an hour sustained winds and you're up to your shoulders in water. What do you do? Nothing to do but sit there, and pray and wait."
NEW YORK CITY
A tale of two river walks
Superstorm Sandy was the deadliest storm of the 2012 hurricane season. Over 48 hours, it damaged or destroyed nearly 800 buildings across New York City, including 70,000 housing units and left about 2 million people without electricity. Forty-three people in the city died as a result and damage was estimated at $19 billion. The preparation and response was one of the largest mobilizations of public services in history, according to the city.
The consequences of a similar storm in the future could be even worse.
With rising sea levels, the National Hurricane Center's model predicts that the extent and depth of storm surge will grow dramatically across the five boroughs. NPR's analysis found that the number of New Yorkers directly threatened by flooding could more than double from about 207,000 in 2020 to 468,000 in 2080.
Superstorm Sandy slammed 35 public housing developments managed by the New York City Housing Administration (NYCHA), leaving tens of thousands of low-income New Yorkers without power. Other types of affordable housing were hit hard, too: about 24,000 apartments were in the path of the storm surge, according to data from New York University's Furman Center.
Claudia Perez lives in the Washington Houses in East Harlem and is president of the residents' association. She recalled watching the floodwaters surge around the local hospital.
"Sandy was really scary," she said. "When you see a hospital going underwater, you're like, 'Oh my God, what's going on here?' "
Future storms, coupled with sea level rise from climate change, will flood even more low-income New Yorkers' apartments, exacerbating an ongoing affordable housing crisis. An NPR analysis of data from the National Hurricane Center (NHC) predicts that a Sandy-like storm could flood more than 50 NYCHA developments by 2080.
Nationally, one study projects three times as many low-income homes at risk of frequent flooding by 2050.
"People in affordable housing are more exposed to flooding, and they have the least resources to deal with it," said Bernice Rosenzweig, a professor of environmental studies at Sarah Lawrence College.
Disasters often leave a legacy that involves a struggle to adapt with the resources left behind. In East Harlem, for example, Sandy's floodwaters damaged parts of Metro North Plaza and the East River Houses, two NYCHA developments. Both received funding from the Federal Emergency Management Agency (FEMA) for repairs and upgrades, which are still in progress.
The nearby Washington Houses were outside Sandy's main inundation zone, so it wasn't eligible for the same FEMA-funded resiliency upgrades. But the NHC data predicts that, as early as 2050, a comparable storm could bring floodwaters to the development's door, putting residents and infrastructure at risk.
Million dollars homes built in storm surge zones
Across the East River in Brooklyn, upscale neighborhoods also are at risk. The blue door for the El Pinguino oyster bar sits on Greenpoint Avenue, a few steps from the luxury tower-studded skyline of the waterfront.
Owner Nicholas Padilla has come to dread the rain. At any given time in his dirt basement, Padilla can dig about six inches deep and hit water.
Padilla's first restaurant in the area, Alameda, was flooded with six feet of water and raw sewage by Sandy, costing him tens of thousands of dollars in damages, shortly after he had signed the lease. But he won't leave until the flood waters chase him permanently from his business and his home, located less than a block away. He doesn't know where else to live.
"It's New York City. It's so hard to find somewhere to go. It just feels like people will just live here until it's in the river," Padilla said.
Several parts of New York City's waterfront, including the neighborhoods of Greenpoint and Williamsburg in Brooklyn, are booming with development. The local community board estimates that 40,000 residents were added to both waterfront areas in the past decade — many in new high-rise towers right along the East River. Despite sea level rise, this property ranks among the most valuable in the city — with median sales around $1.2 million last year.
Over the next 30 years, tide and storm surges will bring damaging flooding here at a frequency that will be more than 10 times as often as it does today, according to other data from NOAA.
Advocates and environmental experts are urging the city, state and federal government to prepare its housing stock for coming storms. Some are calling for building upgrades, so New Yorkers aren't trapped in powerless, hazardous apartments and houses the next time the storms arrive. Others say the time to depart is now.
"We can't control the ocean, not even with sea walls," said Dr. Klaus Jacob, a geophysicist and climate expert at Columbia University's Climate School. "We need to start moving people to higher ground now, and using the coastal areas as a barrier."
WASHINGTON D.C.
Waterfront parks create accidental resilience
With Hurricane Isabel still churning off the coast of North Carolina, on Sept. 18, 2003, Washington, D.C., and federal officials decided to shut down the nation's capital. Metro trains and buses stopped running more than 12 hours before the storm hit the city, and 350,000 federal workers were told to stay home.
The storm blew into the District in the middle of the night, with winds of up to 65 miles per hour, pushing a bulge of water up the Potomac and Anacostia Rivers from the Chesapeake Bay.
The Potomac crested at 11.3 ft. above normal – beating the previous storm surge record from 1933. Flooding and downed trees caused an estimated $125 million in damages in D.C., according to the National Weather Service, with millions more in the surrounding suburbs in Maryland and Virginia.
But unlike the other examples in this story, most of the flooding occurred on waterfront parks, including parts of the National Mall, the grassy expanse near the White House dotted with monuments.
In coming decades, as the Potomac and Anacostia rivers rise because of climate change, more areas will be inundated by storm surge flooding. But even in 2080, with sea level three feet higher or more, waterfront parks would absorb the brunt of flooding from storm surges, leaving most homes and businesses dry.
According to the National Hurricane Center's storm surge models and NPR's analysis of 2020 Census data, just 2,100 Washingtonians are likely to be threatened by an Isabel-like storm in 2080, up from 600 people in 2020, due to sea level rise. That's a relatively small number of people in a city of nearly 700,000.
A 150-year-old federal park building frenzy
"D.C. got lucky," says David Ramos, who teaches graphic design at American University and has studied and mapped Washington's historic waterways.
Without intending to, early D.C. planners built in a degree of resilience to the waterfront. It started in the late 1870s, when the Army Corps of Engineers began dredging the silted-up Potomac, where Ramos says "a giant, smelly mudflat" had formed near the White House – a consequence of deforestation upstream and a lack of sanitation in the city.
The Army Corps built new land with the dredged up muck, creating miles of new shoreline. This reclaimed land is now the most at-risk for flooding in the city.
Ramos says the river dredging project happened to coincide with a federal park-building frenzy – the results of which can be seen in the expansive green spaces of today's National Mall.
"Most of the American cities that had big amounts of landfill decided to build housing or businesses on it," Ramos says. In D.C., the vast majority of new riverfront land became parks, nowadays managed by the National Park Service.
"There was no thought at the time about resiliency, withstanding flood damage and things of that sort," says historian John Wennersten, who has authored several books about D.C. waterways. "It was creating more land space for the development of what they called 'monumental Washington,' between 1890 and 1920. Inadvertently, it offered a modicum of protection against storms and tidal surges."
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In addition to this "inadvertent" protection, the federal government also constructed a levee system to protect agency headquarters located in low-lying areas downtown.
D.C. also lucked out in terms of geography: the city is farther inland than many East Coast cities, and it is located on the fall line – the place where the coastal plain transitions to higher, hillier land. Much of the city is built on the uphill side of the fall line.
Increasing pressure to build in areas that will flood
In today's Washington, the few riverfront areas that aren't parks are among the fastest growing neighborhoods in the city, as developers turn old industrial areas into luxury apartments and condos.
"The city is not going to stop building," says Meredith Upchurch, with the D.C. Department of Energy and Environment. "We still need to be using a lot of those areas for residential housing, for commerce. People want to be near the river – it's a very desirable place."
The city is updating floodplain regulations to account for rising sea levels, which Upchurch says will more than double the number of buildings considered flood prone and subject to flood-proofing requirements.
And while D.C. "got lucky" in terms of storm surge flooding, compared to other East Coast cities, it's still at high risk from other types of flooding that are being made worse by climate change.
The worst floods in recent years, says Upchurch, have been caused by interior flooding, when a storm dumps more rain on the city than storm drains can handle. Unlike storm surges, there is little to no warning for these events, and flooding can happen miles from a river.
"The storms are just more frequent, more intense and more unpredictable," Upchurch says, noting severe interior flooding has occurred in D.C. in 2018, 2019 and 2020.
According to climate modeling conducted by the city, this type of flooding will only get worse. What is now considered a 100-year storm (with a 1-in-100 chance of occurring in any given year) is projected to be a 15-year storm by 2080 – more than six times as likely to occur.
In a worst-case scenario, interior flooding could coincide with a storm surge, and even with flood waters coming from upstream in the Potomac watershed. In fact, that's what officials were preparing for in 2003 – why the entire city shut down ahead of the storm. Forecasters warned of up to 12 inches of rain; after Isabel passed through, less than an inch had fallen on the city.
"If it looks scary, it is"
Looking to the future, climate and hurricane experts say the nation needs to seriously rethink how it inhabits such vulnerable areas. Early planners unwittingly spared the nation's capital. But in bustling regions like New York and South Florida, catastrophic hurricanes have done little to slow growth in areas where risk becomes more dangerous and more costly. In South Florida alone, future sea rise could nearly double the number of structures in the path of flooding.
"The hardest part with disaster planning is that it's just so difficult to imagine," said Katherine Hagemann, Miami-Dade County's adaptation manager. "I think a lot about this worst case scenario. But that's not the way that most people live."
And that's where the hurricane center thinks it can help. The agency ultimately hopes to replicate the modeling along the entire U.S. coast, said Cody Fritz, the hurricane center storm surge chief.
"When you raise the sea level, it will change the game in terms of the hazard of storm surge," Fritz said. "If it looks scary, it is."
Methodology
The projections of storm surge used in this story were produced by the Storm Surge Unit at the National Hurricane Center. The researchers provided models of possible storm surge under three different sea level rise scenarios — Intermediate-Low, Intermediate, and Intermediate-High — which are possible depending on how climate change unfolds. For the analysis and maps in this story, NPR used the storm surge models based on the Intermediate sea level rise scenario. The storm surge models have intrinsic uncertainty, and NPR excluded storm surge flooding of less than 1 foot from the maps and analysis because it falls within the likely margin of error. For more information on the sea level rise scenarios, see the National Ocean Service's 2022 Sea Level Rise Technical Report.
The hypothetical track for Irma is based on a forecasted track from the actual storm in 2019.
To project how many people could be directly threatened by storm surge, NPR used 2020 Census data to analyze how many people live within the projected inundation zone for each time step. The analysis only considered the potential impacts of the flooding within Miami-Dade County, New York City, and the District of Columbia, respectively, and the analysis does not take into account population growth, migration, or mitigation efforts.
To determine the percentage of lots developed in southern Miami-Dade County since Hurricane Andrew, NPR used parcel data hosted by the Florida Geographic Data Library and created by the University of Florida GeoPlan Center. To visualize the rapid development, the parcel data was joined to building footprints data created by Microsoft.
The NYCHA developments data was downloaded from NYC Open Data.
The base maps for the other regions also include the building footprints data from Microsoft, as well as road and water data from OpenStreetMap.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wxxinews.org/npr-news/npr-news/2022-07-28/these-hurricane-flood-maps-reveal-the-climate-future-for-miami-nyc-and-d-c | 2022-07-28T09:52:59Z | https://www.wxxinews.org/npr-news/npr-news/2022-07-28/these-hurricane-flood-maps-reveal-the-climate-future-for-miami-nyc-and-d-c | false | 16 |
People, in their various aspects, from patrolling officers to judicial officers, should bear in mind that humans function best within good law enforcement efforts and an impartial judiciary, which stand as the keys to strengthening democracy and good governance.
In a democratic society, legal and law enforcement officers work toward preventing social disorder and protecting the public.
As a result of the current atmosphere of Nigerian-style dictatorship, a weak and indifferent approach to the rule of law thrives in a militarized democracy.
I am not a lawyer, but in my capacity as a clinical/forensic/legal psychologist, I believe a society that practices public democracy allows for no space for repeated abuse of police and judicial power, unethical conduct by officials, and personalization of official functions as it erodes public trust.
Every day, Nigerians wake up to find the country is slipping into a fake democracy or autocracy.
In addition to the open and in-your-face types of insecurity in Nigeria, some members of the police and the judiciary are fighting against civil rights and liberties.
Autocratic police and judges make all the decisions themselves. They do not consult with the law. That is why a judge can accuse a supposed wrongdoer of a contempt of court type offense, instantly prosecute the offender without his lawyer and due legal procedure, and then order sentencing and incarceration.
Such was the case of barrister Inibehe Effiong, who was instantly sent to one-month in prison by Chief Justice of Akwa Ibom State, Justice Ekaette Obot, without trial. Effiong who was defending a client before the judge accused her of the likelihood of bias in the ongoing libel suit which came up for trial.
The judge had determined that Effiong was showing unruly behaviours in court towards her, and then instantly and apparently conclude that “You are sentenced for being confrontational and contemptuous, now remove your wig. You are no longer in a position to address me. You are hereby sentenced to one-month imprisonment to purge yourself of contempt. Take him away.” Obot during this case, reportedly ordered a police officer to search a reporter, Saviour Imukudo, who was covering the case, and confiscate his phone.
This is a mark of judicial impunity and autocracy, which reads well with military-style democracy and a dictatorial environment.
The same type of judicial impunity occurred when Justice Chizoba Orji of the Abuja High Court of the Federal Capital Territory ordered six judicial correspondents to be detained for hours over coverage of her court proceedings.
Orji reportedly ordered the court police officer to seize a phone belonging to a reporter attending her court and delete all the pictures and videos on it.
If not for the despotic type of political environment that currently exists in Nigeria, Orji would have thought twice about the reported harassment of six judiciary journalists at her court, temporarily detaining them within the court’s facility, with their phones seized and photos and videos deleted by her police guard.
It did not matter to Orji when the victimized reporter responded to her question, “Why were you taking pictures and videos in my court? Who gave you the permission to do that? “My lord, I am an accredited judiciary reporter. It is a normal practice for us to take pictures and videos when the court is not sitting, even up to the Supreme Court. ”
Judge Orji went on to say angrily, “You don’t have such a right! If there is such permission, it must be in writing. Who gave you the permission? “”Show me the authorization?” I don’t want to hear from any of you. Now, where is the device you used to take the pictures and videos? ” This type of act is judicial despotism at play in Nigeria.
The police, known for their record of attacking journalists, recently raided Peoples Gazette newspaper and arrested John Adenekan, the paper’s assistant managing editor, and four other staff members. For a story which was published by the media linking the former Chief of Army Staff, Lt. General Tukur Buratai (retd.), to a case of suspected money laundering. Accusing the journalists of defamation, which in many democracies has long been decriminalized.
By way of the same form of harassment, Umaru Maradun, a correspondent of the Leadership Newspapers, was arrested in his hometown for an undisclosed reason in Zamfara state. Maradun, who has been temporarily released, said that there was no advanced and open explanation from the police for his early hours arrest.
Nigeria has become a place where the police, the court, or the judges now show they lack true independence in their approach to the rule of law as they appear to be subservient to despotic executive rulers under an authoritarian political space.
No matter how fragile the Nigerian constitution is, we need law enforcement and judicial officers to yield to the rule of law, believe in non-politization of the judiciary, and play a crucial role in ensuring that civil rights and civil liberties are safe for all.
The Nigerian police and judicial officers must learn that the rule of law helps to predict and govern human conduct as it helps limit the rule of men and women, as noted here. If erroneous police officers and inaccurate judges like Obot and orji continue to act repressively and disregard legal and societal principles based on the rule of law, they will reinforce weak policing and a pathetic judiciary, escalating conflicts across the country and fueling insecurity in a young and troubled democracy.
Prof. Oshodi wrote in via info@teuopen.university | https://www.thenews-chronicle.com/buharis-militarized-democracy-allows-for-official-impunity-making-police-and-judges-like-orji-and-obot-behave-above-the-law/ | 2022-07-28T09:54:21Z | https://www.thenews-chronicle.com/buharis-militarized-democracy-allows-for-official-impunity-making-police-and-judges-like-orji-and-obot-behave-above-the-law/ | false | 1 |
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“
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Table of Contents
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Chapter 1 Age Related Macular Degeneration Drug Market Overview
Chapter 2 Global Economic Impact on Industry
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Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
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Roger Smith
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+1 775 237 4157 | https://thenelsonpost.ca/news/256567/age-related-macular-degeneration-drug-market-2022-development-status-regeneron-pharmaceuticals-bayer-healthcare/ | 2022-07-28T09:55:47Z | https://thenelsonpost.ca/news/256567/age-related-macular-degeneration-drug-market-2022-development-status-regeneron-pharmaceuticals-bayer-healthcare/ | true | 676 |
Humidity makes a comeback Thursday, and many more hours will be dry than wet through Friday.
Temperatures early Thursday morning are sitting in the 60s for just about every community across eastern Massachusetts. Dew points are also running in the 60s, so it's still comfortable out. The more humid air has returned to the Cape and Islands, and it will be spreading north Thursday. You'll feel a difference once we get to late morning and midday.
Showers that are in Upstate New York, Pennsylvania and New Jersey are making their way toward our area, but we're certainly not expecting a wall of rain. Thursday's forecast instead calls for some isolated showers.
By about 8:45 Thursday morning, some of those isolated showers will already be making their way along the Mass Pike, and by about midday, some showers start to break out in the Boston suburbs as well. The further north you go from the Pike, showers are more isolated.
By Thursday evening, most showers will have cleared the Metro Boston area, but areas far to the northwest will see showers and thunder. Those storms will drop in over the Boston area overnight, but are gone by Friday morning.
Friday evening also has a chance for storms, with a great weekend to follow. Highs Friday should get close to 90 degrees in most communities.
Look forward to a warm weekend with lower humidity. | https://www.nbcboston.com/weather/stories-weather/scattered-storms-chances-ahead-of-pleasant-weekend-weather/2791835/ | 2022-07-28T09:56:47Z | https://www.nbcboston.com/weather/stories-weather/scattered-storms-chances-ahead-of-pleasant-weekend-weather/2791835/ | true | 2 |
Shares of Wynn Resorts Ltd.
WYNN,
+3.33%
rose 3.33% to $63.29 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+2.62%
rising 2.62% to 4,023.61 and the Dow Jones Industrial Average
DJIA,
+1.37%
rising 1.37% to 32,197.59. Wynn Resorts Ltd. closed $44.15 short of its 52-week high ($107.44), which the company achieved on September 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Las Vegas Sands Corp.
LVS,
+1.96%
rose 1.96% to $38.97, Sands China Ltd. ADR
SCHYY,
+1.76%
rose 1.76% to $24.22, and MGM Resorts International
MGM,
+4.94%
rose 4.94% to $31.41. Trading volume (1.8 M) remained 1.4 million below its 50-day average volume of 3.2 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use. | https://www.marketwatch.com/story/wynn-resorts-ltd-stock-outperforms-market-on-strong-trading-day-01658957430-1e0c84c02d00 | 2022-07-28T09:57:30Z | https://www.marketwatch.com/story/wynn-resorts-ltd-stock-outperforms-market-on-strong-trading-day-01658957430-1e0c84c02d00 | true | 3658 |
NEW YORK, July 28, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Molecular Partners AG ("Molecular Partners" or the "Company") (NASDAQ: MOLN) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Molecular Partners investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Molecular Partners American Depositary Shares pursuant and/or traceable to certain documents issued in connection with the Company's initial public offering conducted on or about June 16, 2021; and/or (b) Molecular Partners securities between June 16, 2021, and April 26, 2022. Follow the link below to get more information and be contacted by a member of our team:
MOLN investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the Company's product, ensovibep, was less effective at treating COVID-19 than defendants had led investors to believe; that (ii) accordingly, the the U.S. Food and Drug Administration ("FDA") was reasonably likely to require an additional Phase 3 study of ensovibep before granting the drug Emergency Use Authorization ("EUA"); (iii) waning global rates of COVID-19 significantly reduced the Company's chances of securing EUA for ensovibep; (iv) another of the Company's product candidates, MP0310, was less attractive to Molecular Partners' collaborator, Amgen, than defendants had led investors to believe; (v) accordingly, there was a significant likelihood that Amgen would return to global rights of MP0310 to Molecular Partners; (vi) as a result of all the foregoing, the clinical and commercial prospects of ensovibep and MP0310 were overstated; and (vii) as a result, documents issues in connection with the Company's initial public offer and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
WHAT'S NEXT? If you suffered a loss in Molecular Partners during the relevant time frame, you have until September 12, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.blackhillsfox.com/prnewswire/2022/07/28/moln-lawsuit-alert-levi-amp-korsinsky-notifies-molecular-partners-ag-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-28T09:59:02Z | https://www.blackhillsfox.com/prnewswire/2022/07/28/moln-lawsuit-alert-levi-amp-korsinsky-notifies-molecular-partners-ag-investors-class-action-lawsuit-upcoming-deadline/ | false | 20527 |
Are you struggling to get your paws on Stray plants for a certain plant-collecting robot?
While you'll spend quite a bit of time locating weird, forgotten, or misplaced things in Stray (or maybe just trying to grab every Stray trophy you can), some of them are a bit harder to run down than others. I got stuck on a couple of the Stray energy drinks that evaded my feline wiles, though I eventually found them with a little bit of help. And don't even ask me how long it took to figure out how to get past the paint-slinging robots to get my Stray poncho and keep my whiskers exploring new areas.
Thankfully, I found there were lots of tips to help meow-t when I needed them most while progressing through the streets of the cyberpunk future. If you find yourself wasting one of your nine lives trying to find everything you need, try to shake off the sleepiness from your well-deserved cat nap and get looking for those rare plants before they grow out of reach.
Stray plants
Stray plants: Where to find Malo
Wandering the streets of Stray will introduce you to a variety of characters – many of them robots – and among them is a rare plant-collecting robot named Malo. Located in Antvillage, you'll have to find Zbaltazar first and have a chat with him in order to progress your story. He's looking all zen with a bunch of screens around, so he shouldn't be too difficult to pick out. He'll stop you before you get too far past him anyways.
Once you've spoken with him you'll be able to find Malo on the level above Zbaltazar, right near the top of the structure. All the plants they have around will be a dead giveaway. It doesn't make any difference if you talk to Malo first, or get the plants first, so feel free to chase whatever yarn you'd prefer.
Stray plants: Where to find the flowers
Thankfully you won't have to to jump through too many hoops for the rare plants Malo needs. Here's where you'll have to explore and climb to grab all of them:
Where to find the Yellow Plant
- You can find the yellow plant nearby to Malo herself. Climb a little until you find a little open bar. Slink past the customer, who hates the food, and onto a pipe that will lead you to the plant.
Where to find the Purple Plant
- With the purple plant you'll need to go find Alexander, and check out the tree right next to him. Climb up onto its branches and you'll see the flowering plant there for the taking.
Red Plant
- To get the red plant go find two robots – Noam and Marie – playing dominoes together and jump into the bucket to get down. At the base of the tree, you can leap across the barrels near two robots rooting around and find the red plant on a tree.
And that's it, you've done it! Trade your hard earned flowers to Malo and earn yourself a badge. | https://www.techradar.com/au/how-to/stray-plants-where-are-the-purple-red-and-yellow-flowers | 2022-07-28T10:00:03Z | https://www.techradar.com/au/how-to/stray-plants-where-are-the-purple-red-and-yellow-flowers | false | 6 |
DENVER (AP) _ Gold Resource Corp. (GORO) on Wednesday reported second-quarter profit of $2.6 million.
On a per-share basis, the Denver-based company said it had profit of 3 cents.
The gold and silver miner posted revenue of $37.1 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GORO at https://www.zacks.com/ap/GORO | https://www.mysanantonio.com/business/article/Gold-Resource-Q2-Earnings-Snapshot-17334333.php | 2022-07-28T10:01:38Z | https://www.mysanantonio.com/business/article/Gold-Resource-Q2-Earnings-Snapshot-17334333.php | false | null |
Zions Bancorporation, National Association (NASDAQ:ZION – Get Rating) had its price target decreased by Barclays from $81.00 to $71.00 in a report published on Wednesday, The Fly reports. Barclays currently has an equal weight rating on the bank’s stock.
Several other research firms have also recently issued reports on ZION. The Goldman Sachs Group decreased their price objective on shares of Zions Bancorporation, National Association from $75.00 to $61.50 and set a neutral rating for the company in a report on Tuesday, May 31st. JPMorgan Chase & Co. decreased their price objective on shares of Zions Bancorporation, National Association from $75.00 to $62.00 and set a neutral rating for the company in a report on Friday, July 1st. Robert W. Baird upgraded shares of Zions Bancorporation, National Association from an underperform rating to a neutral rating and increased their price objective for the company from $49.00 to $60.00 in a report on Monday, April 18th. Piper Sandler decreased their price objective on shares of Zions Bancorporation, National Association to $66.00 in a report on Monday, July 4th. Finally, Jefferies Financial Group decreased their price objective on shares of Zions Bancorporation, National Association from $69.00 to $63.00 in a report on Monday, July 11th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Zions Bancorporation, National Association currently has a consensus rating of Hold and an average price target of $65.42.
Zions Bancorporation, National Association Price Performance
Shares of NASDAQ:ZION opened at $53.55 on Wednesday. The firm’s 50 day moving average is $53.02 and its two-hundred day moving average is $61.09. Zions Bancorporation, National Association has a 52 week low of $47.92 and a 52 week high of $75.44. The firm has a market capitalization of $8.11 billion, a P/E ratio of 8.72, a PEG ratio of 2.38 and a beta of 1.29. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.12.
Zions Bancorporation, National Association Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, May 26th. Investors of record on Thursday, May 19th were given a $0.38 dividend. The ex-dividend date was Wednesday, May 18th. This represents a $1.52 annualized dividend and a dividend yield of 2.84%. Zions Bancorporation, National Association’s dividend payout ratio (DPR) is presently 24.76%.
Zions Bancorporation, National Association announced that its Board of Directors has approved a stock buyback plan on Friday, April 29th that permits the company to repurchase $50.00 million in shares. This repurchase authorization permits the bank to reacquire up to 0.6% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.
Insider Activity at Zions Bancorporation, National Association
In related news, SVP James R. Abbott bought 10,000 shares of the business’s stock in a transaction on Monday, May 2nd. The stock was bought at an average price of $57.03 per share, for a total transaction of $570,300.00. Following the transaction, the senior vice president now directly owns 77,918 shares in the company, valued at $4,443,663.54. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, SVP James R. Abbott bought 10,000 shares of the business’s stock in a transaction on Monday, May 2nd. The stock was bought at an average price of $57.03 per share, for a total transaction of $570,300.00. Following the transaction, the senior vice president now directly owns 77,918 shares in the company, valued at $4,443,663.54. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Scott A. Law sold 713 shares of the stock in a transaction that occurred on Tuesday, May 17th. The stock was sold at an average price of $54.16, for a total transaction of $38,616.08. Following the completion of the sale, the executive vice president now owns 19,424 shares of the company’s stock, valued at approximately $1,052,003.84. The disclosure for this sale can be found here. 1.81% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Cascade Investment Advisors Inc. raised its holdings in shares of Zions Bancorporation, National Association by 0.5% during the 4th quarter. Cascade Investment Advisors Inc. now owns 28,560 shares of the bank’s stock valued at $1,804,000 after purchasing an additional 140 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of Zions Bancorporation, National Association by 14.6% during the 4th quarter. Daiwa Securities Group Inc. now owns 1,454 shares of the bank’s stock valued at $92,000 after purchasing an additional 185 shares in the last quarter. M&T Bank Corp raised its holdings in shares of Zions Bancorporation, National Association by 2.6% during the 1st quarter. M&T Bank Corp now owns 8,007 shares of the bank’s stock valued at $526,000 after purchasing an additional 204 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in shares of Zions Bancorporation, National Association by 111.9% during the 1st quarter. First Horizon Advisors Inc. now owns 445 shares of the bank’s stock valued at $29,000 after purchasing an additional 235 shares in the last quarter. Finally, Kentucky Retirement Systems raised its holdings in shares of Zions Bancorporation, National Association by 2.5% during the 1st quarter. Kentucky Retirement Systems now owns 9,665 shares of the bank’s stock valued at $634,000 after purchasing an additional 237 shares in the last quarter. Institutional investors own 82.24% of the company’s stock.
Zions Bancorporation, National Association Company Profile
Zions Bancorporation, National Association provides various banking and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers corporate banking services; commercial banking, including a focus on small- and medium-sized businesses; commercial real estate banking services; municipal and public finance services; retail banking, including residential mortgages; trust services; wealth management and private client banking services; and capital markets products and services.
See Also
- Get a free copy of the StockNews.com research report on Zions Bancorporation, National Association (ZION)
- The MarketBeat Podcast: Portfolio Management in Market Downturns
- Can These Two Airline Stocks Overcome Gravity And Fly Higher?
- Shopify Stock Rallies Despite Quarterly Loss
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- Can Owens-Corning Insulate Your Portfolio?
Receive News & Ratings for Zions Bancorporation National Association Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zions Bancorporation National Association and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.americanbankingnews.com/2022/07/28/zions-bancorporation-national-association-nasdaqzion-given-new-71-00-price-target-at-barclays.html | 2022-07-28T10:03:43Z | https://www.americanbankingnews.com/2022/07/28/zions-bancorporation-national-association-nasdaqzion-given-new-71-00-price-target-at-barclays.html | true | 4 |
EQONEX Receives NASDAQ Notification Regarding Minimum Bid Price Deficiency
SINGAPORE, July 26, 2022 /PRNewswire/ -- EQONEX Limited (NASDAQ: EQOS) ("EQONEX" or the "Company"), a digital assets financial services company, today announced that on July 21, 2022, it received a written notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") that the Company is not in compliance with the minimum bid price requirement of US$1.00 per share set forth in Nasdaq Rules for continued listing on Nasdaq.
Based on the closing bid price of the Company's listed securities for the last 30 consecutive business days from June 7, 2022, to July 20, 2022, the Company no longer meets the minimum bid price requirement set forth in Listing Rule 5550(a)(2). The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company's securities on the Nasdaq Capital Market.
In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until January 17, 2023, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company's common shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days.
The Company's business operations are not affected by the receipt of the Notification Letter. The Company intends to monitor the closing bid price of its ordinary shares and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse share split of its outstanding ordinary shares, to regain compliance with the minimum bid price requirement under the Nasdaq Rules for continued listing on Nasdaq.
The Company intends to resolve the deficiency and regain compliance with the Listing Rules.
About EQONEX
EQONEX Limited (NASDAQ: EQOS) is a technology driven digital assets financial services group that provides institutional grade infrastructure and a full suite of trading, custody and asset management solutions to clients. The Group's digital assets ecosystem has been designed to accommodate the needs of institutions and individuals with the same degree of regulatory oversight and security they are accustomed to in traditional financial markets. EQONEX's ecosystem primarily encompasses EQONEX Exchange, a digital asset exchange; Digivault, a FCA accredited hot and cold digital assets custodian and Bletchley Park Asset Management, a fund of crypto-hedge funds.
For more information visit: https://group.eqonex.com/
Follow EQONEX on social media on Twitter @eqonex, on Facebook @eqonex, and on LinkedIn.
Forward-Looking Information
Any forward-looking statements in this press release are based on available current market material and management's expectations, beliefs and forecasts concerning future events impacting EQONEX. You are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, as well as assumptions, which, if they were to ever materialize or prove incorrect, could cause the results of EQONEX to differ materially from those expressed or implied by such forward-looking statements. The forward-looking statements made in this press release speak only as of the date hereof and we disclaim any obligation, except as required by law, to provide updates, revisions or amendments to any forward-looking statements to reflect changes in our expectations or future events.
View original content:https://www.prnewswire.com/news-releases/eqonex-receives-nasdaq-notification-regarding-minimum-bid-price-deficiency-301593248.html
SOURCE EQONEX
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren! | https://www.finanzen.at/nachrichten/aktien/eqonex-receives-nasdaq-notification-regarding-minimum-bid-price-deficiency-1031616938 | 2022-07-28T10:07:41Z | https://www.finanzen.at/nachrichten/aktien/eqonex-receives-nasdaq-notification-regarding-minimum-bid-price-deficiency-1031616938 | true | 1 |
BASF SE , one of the world’s largest chemicals companies, said it would reduce production of fertilizer ingredient ammonia, as it seeks to curb its natural gas use after Russia throttled flows to Europe.
Moscow began Wednesday reducing supplies via the Nord Stream pipeline, the largest Russian gas link to Europe, to around 20% of capacity. The reductions complicate the continent’s efforts to store enough gas ahead of winter, raising the specter for industry of costly rationing. European Union members this week agreed to sweeping cuts to natural-gas consumption, calling for countries to voluntarily reduce their gas use by 15% from August. | https://bioreports.net/chemicals-giant-to-cut-ammonia-production-amid-gas-crisis/ | 2022-07-28T10:11:23Z | https://bioreports.net/chemicals-giant-to-cut-ammonia-production-amid-gas-crisis/ | true | null |
The lead government commissioner installed at Liverpool City Council has denied reports that he forced former chief executive Tony Reeves from his job.
Mr Reeves dramatically quit as the council's most senior officer last week after days of speculation. Many in and around the council believe his relationship with the commissioners had become untenable and that he jumped before he was pushed.
But that narrative has been challenged by Mike Cunningham, who is heading up the team of commissioners at the council. When asked by the ECHO if his relationship with Mr Reeves had broken down to an irreparable state, he said: "That's not true, I'm not going to say too much about the chief executive, he's left the organisation.
READ MORE:People are striking to survive' as rail workers struggle to stay afloat
"But what I can absolutely say is that on a personal level, our relationship was good. I like to think he would say the same, so whatever you are hearing about our relationship is not the case." Mr Cunningham said suggestions he and his fellow commissioners had forced Mr Reeves out as 'pure speculation.'
But a senior city councillor has rubbished this response. Opposition leader Richard Kemp said Mr Reeves did not want to leave his job, adding: "The fact is that Tony Reeves didn't want to go and his resignation has knocked the morale of staff. He's gone because the commissioners wanted him out. To deny that he was pushed out is simply not true."
A report into the council's botched handling of a major electricity contract, carried out by independent accountants Mazars and published today, has specifically criticised the leadership of Mr Reeves.
It states that the 'Chief Executive Officer (CEO) did not have controls in place to flag major risks ahead of time." It also criticises his leadership style, stating that he had 'insufficient knowledge of the detail of major contracts', that he had 'not encouraged a risk management culture', was 'not aware of the significant work pressures of council employees' and had 'not always created an environment where colleagues could speak or were encouraged to speak openly about errors."
Speaking to the ECHO, Mr Cunningham said: "There are widespread issues highlighted in this report, issues around clarity of roles and responsibilities, around good report writing, things being prepared well in advance and the ability to communicate well within the organisation. But I've led organisations before and inevitably the buck stops with the person at the top of the organisation."
Mr Cunningham's team were the first to flag up issues with the electricity contract. He said that senior leaders at the council did not immediately appear to pick up on their significance.
He added: "Its a matter of record that I raised this with the chief executive on March 17 to flag that there was a problem. At the first moment I don't think there was an awareness of the scale of the problem, that's absolutely true. It wasn't immediately obvious to the senior leaders how serious this was. It did take subsequent conversations to make that clear."
The lead commissioner said the Mazars report is just an indication of the council's wider problems. He said: "This contract is not the only problem, its symptomatic of a wider malaise within the organisation. Of course there were difficult conversations between me and the senior leaders, both political and officers, I think the people of Liverpool would expect that. It is not a cost relationship and nor should it be. But that doesn't mean its a dysfunctional relationship."
Lib Dem leader Cllr Kemp, who has been increasingly critical of the commissioners in recent months, said they should take a good amount of responsibility for the energy mistakes. He said: "They also should have known enough to look at the major potential problem coming down the tracks. I think they should take their share of blame for what happened."
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Man steps in after thief targets 86-year-old woman outside Asda | https://www.liverpoolecho.co.uk/news/liverpool-news/lead-council-commissioner-denies-forced-24604499 | 2022-07-28T10:14:20Z | https://www.liverpoolecho.co.uk/news/liverpool-news/lead-council-commissioner-denies-forced-24604499 | false | 1 |
Secretary of State Blinken says he plans to speak with his Russian counterpart soon. A top priority is the release of Americans held by Russia: Brittney Griner and Paul Whelan.
Copyright 2022 NPR
Secretary of State Blinken says he plans to speak with his Russian counterpart soon. A top priority is the release of Americans held by Russia: Brittney Griner and Paul Whelan.
Copyright 2022 NPR | https://www.mtpr.org/2022-07-28/blinken-reiterates-griner-and-whelan-have-been-wrongfully-detained-in-russia | 2022-07-28T10:14:25Z | https://www.mtpr.org/2022-07-28/blinken-reiterates-griner-and-whelan-have-been-wrongfully-detained-in-russia | true | null |
BAODING, China, July 28, 2022 /PRNewswire/ -- On July 16, GWM HAVAL H6 GT made its debut in Red Bull Quicksand in South Africa, attracting wide attention.
As the official automotive sponsor of the event, GWM showed HAVAL H6 GT to the audience. The Red Bull Quicksand is known as one of the world's most difficult "1-mile" races and thus is extremely challenging. The characteristics of the event perfectly fit the powerful sports performance of HAVAL H6 GT.
To make local customers learn more about HAVAL H6 GT, GWM established a VIP Experience Area, attracting a large audience to experience the car. At the event site, GWM also conducted a questionnaire survey. During the event, many audience expressed their love and expectation for HAVAL H6 GT. At the same time, a lot of audience also asked about the launch date of this model.
HAVAL H6 GT is a brand-new Coupe SUV based on the GWM L.E.M.O.N. platform. The sports performance of the model lies in stylish design, outstanding power system, personalized driving experience and other aspects.
The appearance of HAVAL H6 GT on display is inspired by sharks, creating a strong sense of sports. This vehicle adopts a shark-based bionic aesthetic design. Its front face is designed with shark pectoral fin as the theme, with a large shark teeth-based air intake grille, creating a powerful visual impact like a shark. The car also has a streamlined roof and fastback style body, with smooth and elegant lines, which looks very powerful, just like the vigorous posture of a shark.
The interior design of HAVAL H6 GT combines sporty performance and sense of technology. The vehicle integrates many fashionable and smart details, such as shift knob, multifunctional steering wheel with paddle shifters and digital screen. These distinctive details can satisfy users' pursuit of intelligent cars, and create a dynamic interior atmosphere for them.
Excellent power system and driving pleasure are also the most eye-catching features of HAVAL H6 GT. In order to meet the requirements of users under different driving conditions, it is equipped with an upgraded 4N20 2.0T engine. The maximum torque of the engine can reach 320N·m, providing users with strong acceleration performance. Based on the driving habits of different users, the car also provides a track mode. When the mode is activated, the vehicle can not only provide drivers with more power, but also burst out exhaust sound wave like a sports car. This kind of feature can make them enjoy the pleasure, just like driving a racing car.
HAVAL H6 GT is now launched in the markets of Iraq and Australia. GWM plans to officially launch it in South Africa, Saudi Arabia, Chile and other markets in the following months to provide a diversified experience for more users.
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SOURCE GWM | https://www.wcax.com/prnewswire/2022/07/28/with-powerful-sports-performance-gwm-haval-h6-gt-starts-go-global/ | 2022-07-28T10:18:25Z | https://www.wcax.com/prnewswire/2022/07/28/with-powerful-sports-performance-gwm-haval-h6-gt-starts-go-global/ | false | 16 |
Effective: 2022-07-28 11:00:00 MDT Expires: 2022-07-28 22:00:00 MDT Urgency: Future Severity: Moderate Certainty: Possible Instruction: You should monitor later forecasts and be prepared to take action should Flash Flood Warnings be issued. Target Area: Eastern Kiowa County; Lamar Vicinity, Prowers County; Las Animas Vicinity, Bent County; Springfield Vicinity, Baca County; Western Kiowa County .The potential for localized flash flooding will increase on Thursday across a large part of south-central and southeast Colorado. FLOOD WATCH REMAINS IN EFFECT FROM THIS AFTERNOON THROUGH LATE TONIGHT * WHAT...Flash flooding caused by excessive rainfall continues to be possible. * WHERE...Kiowa County, Prowers County, Bent County, and Baca County. * WHEN...From this afternoon through late tonight. * IMPACTS...Excessive runoff may result in flooding of rivers, creeks, streams, and other low-lying and flood-prone locations. Flooding may occur in poor drainage and urban areas. * ADDITIONAL DETAILS - The coverage and intensity of showers and thunderstorms are forecast to increase through the day on Thursday, with scattered to numerous activity affecting the Watch area Thursday afternoon and evening. Very heavy rainfall may accompany this activity, which will have the potential to result in localized flash flooding. While showers and thunderstorms will lessen in coverage Thursday night, heavy rainfall could continue into the overnight hours in some locations, prolonging the flooding potential. More rounds of heavy showers and thunderstorms may extend the risk for flash flooding into Friday. - For safety information, please visit http://www.weather.gov/safety/flood | https://www.newsbreak.com/news/2679205010871/special-weather-statement-issued-for-lamar-vicinity-prowers-county-by-nws | 2022-07-28T10:18:45Z | https://www.newsbreak.com/news/2679205010871/special-weather-statement-issued-for-lamar-vicinity-prowers-county-by-nws | false | 2 |
On Thursday, we'll get an important report card on the U.S. economy.
GDP, or gross domestic product, tells us how much the economy grew or shrank in the previous quarter.
In the first three months of the year, GDP decreased at an annual rate of 1.6%. That contraction startled economists and investors alike.
Now, there are fears that the economy contracted for a second quarter in a row.
"A common definition of recession is two negative quarters of GDP growth," Treasury Secretary Janet Yellen noted in an appearance on NBC's Meet the Press. "When we've seen that, there has usually been a recession."
But Yellen notes that things are different now in the U.S. economy. "When you're creating almost 400,000 jobs a month, that is not a recession," she said.
What exactly is a U.S. recession?
While two consecutive quarters of negative growth is often considered a recession, it is not the textbook definition.
The official arbiter of a U.S. recession is a nonprofit, non-partisan organization called the National Bureau of Economic Research. An NBER committee made up of eight economists makes that determination, and many factors go into that calculation.
As the Federal Reserve continues to hike interest rates aggressively to fight high inflation, fears of a recession have grown.
But the current economic data have been quite mixed. In the run-up to previous downturns, for instance, the economy was shedding jobs. But the U.S. economy has been adding jobs month after month, as Yellen noted.
"This is not an economy that's in a recession," Yellen said. "A recession is broad-based weakness in the economy. We're not seeing that now."
Yellen also pointed to consumer spending, which has remained strong and she highlighted positive data on the credit quality of Americans.
White House doesn't like the word recession
The White House has taken pains to remind people that just two quarters of negative growth doesn't automatically mean the economy is in a recession.
As the midterm elections approach, the White House is acutely aware of the optics of a country in recession, where Americans are struggling financially. But with the cost of so many things skyrocketing and inflation running at a multi-decade high, a lot of Americans are already taking it on the chin.
A majority, or 65%, of registered voters who responded to a recent Morning Consult/Politico poll said they believe we are already in one.
What are the markers of a recession?
The NBER says the "traditional definition" of a recession is "a significant decline in economic activity that is spread across the economy and that lasts more than a few months."
Employment is a part of the group's calculus, and the labor market has continued to show signs of strength. In June, the unemployment rate held steady at 3.6%, which is near its pre-pandemic low, and the economy added 372,000 jobs.
"I don't think the NBER would look at the data right now and say the economy is in a recession," says Michael Gapen, the chief U.S. economist at Bank of America Securities.
But it's unclear how much Americans will care about whether the current economy satisfies a specific, highly-technical definition, or it doesn't.
Parts of economy are slowing already
What's clear to everyone is the economy is slowing, prices are rising at their fastest pace in decades, and the housing market has started cooling as the Fed raises interest rates aggressively. On Thursday, the central bank raised rates by an additional three-quarters of a percentage point.
Economists acknowledge the headline number on Thursday — how much the economy grew or shrunk on a percentage basis — is likely to attract the most attention, but they say it is important to dig into the underlying data.
"It's the pieces of the puzzle that matter when you're looking at GDP," says Michelle Meyer, U.S. chief economist at the Mastercard Economics Institute.
Among other things, we'll see if household spending, which accounts for 70% of all economic activity, kept pace with inflation.
But as Fed Chair Jerome Powell and other policymakers have acknowledged, at a moment like this, when there is so much uncertainty, and when so many Americans are experiencing economic pain, sentiment and expectations matter and the key for the economy is not to lose too many jobs.
"I think a lot of it comes down to jobs," says Meyer. "Whether you have a job. Whether you expect to keep your job. And what that might mean for your future path of income."
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.ksfr.org/npr-news/npr-news/2022-07-28/is-the-u-s-in-a-recession-gdp-report-will-give-us-clues | 2022-07-28T10:19:52Z | https://www.ksfr.org/npr-news/npr-news/2022-07-28/is-the-u-s-in-a-recession-gdp-report-will-give-us-clues | false | 13 |
Nail SalonBetnijah LaneyNew York LibertyJul 26, 2022DiDi RichardsNew York LibertyWelcome to The Players’ Tribune Nail Salon, where nails and women’s sports collide.From life, music and style to predicting the future and having a heart-to-heart with your bestie, nothing’s off limits.
Let the Girl Play Marta on her football journey: “Sometimes you need to cry in the beginning to smile in the end.”
The Word of God You’re not really from New York if you weren’t eating White Castle before elementary school. | https://www.theplayerstribune.com/posts/nail-salon-betnijah-laney-didi-richards-wnba-basketball | 2022-07-28T10:24:56Z | https://www.theplayerstribune.com/posts/nail-salon-betnijah-laney-didi-richards-wnba-basketball | false | null |
A pregnant woman with monkeypox in the US has delivered a healthy baby, according to the Centres for Disease Control and Prevention (CDC).
The officials noted that the baby was delivered safely and both are "doing well", CBS news reported.
"There has been a case of a pregnant woman who delivered," the CDC's John Brooks told a webinar hosted by the Infectious Disease Society of America.
The CDC had earlier warned that pregnant women are "at especially increased risk for severe outcomes" from monkeypox.
The officials said the newborn was given an infusion of immune globulin, an antibody treatment.
"That neonate received the IG prophylactically. And both mom and baby are doing well," said the CDC's Brett Petersen on the webinar.
Brooks also stated that the baby did not appear to have contracted the disease from their mother during the pregnancy.
The case is the first to be spotted in a pregnant woman in the latest outbreak. However, previous outbreaks, particularly in Africa, had reported of the virus spreading in pregnant women with severe outcomes.
According to a report published in the Lancet, in June, of four pregnant women from the Democratic Republic of the Congo infected with monkeypox virus (probably with the central African clade of the virus) between 2007 and 2011, two had spontaneous early miscarriages, and one had a second-trimester loss at 18 weeks' gestation.
The stillborn foetus had a generalised skin rash, and monkeypox DNA detected in foetal tissue, umbilical cord, and placenta, confirming vertical transmission of the virus.
The West African clade of monkeypox, known to be associated with milder disease and a lower case fatality rate, is responsible for the current outbreak, genomic sequencing data has suggested.
However, the effects of this clade in pregnancy are unknown, the authors wrote in the report.
More than 18,000 monkeypox cases have been reported from 78 countries, the World Health Organization (WHO) has said.
While so far, monkeypox cases have been reported predominantly among men who have sex with men, health officials, have warned that the infections may spread beyond the community.
In fact, the infection has been reported among a few children in the US, Spain and the Netherlands. And as per the CDC, eight cases have been reported in women.
(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.) | https://www.freepressjournal.in/world/pregnant-woman-with-monkeypox-delivers-healthy-baby-in-us | 2022-07-28T10:25:33Z | https://www.freepressjournal.in/world/pregnant-woman-with-monkeypox-delivers-healthy-baby-in-us | false | 2 |
Iain Gregory posted pictures of the low level of water in the reservoir on social media, commenting: “Not often you can stand just eight feet away from the bottom of the turret at Howden dam wall.
“If we have a dry August September then I reckon it will go empty.”
Mr Gregory, who lives in Worksop and works as a team leader for a distribution company, said that he was shocked to see the water at such a low level in July. He said: “I’ve been going since 1976 when I was three and it’s never been that low. It’s usually at its lowest end of September – it was that low in 2018 but in September.”
Howden Dam is the uppermost of three reservoirs in the Derwent Valley with its western half in Derbyshire and its eastern half in South Yorkshire. | https://www.derbyshiretimes.co.uk/news/people/photographer-fears-derbyshire-reservoir-will-run-dry-in-summer-drought-3785067 | 2022-07-28T10:27:58Z | https://www.derbyshiretimes.co.uk/news/people/photographer-fears-derbyshire-reservoir-will-run-dry-in-summer-drought-3785067 | false | null |
Chelsea on alert after PSG and Inter Milan’s talks over Milan Skriniar hit snag in £58m valuation
PSG and Inter Milan ‘meet roadblock in Milan Skriniar negotiations’ with Ligue 1 champions unwilling to pay £58m…
- PSG and Inter failed to make progress in latest Milan Skriniar talks
- There is an £8million difference in valuation between the clubs and PSG won’t budge
- Chelsea could revive Slovakian interest after missing numerous goals
- PSG have already spent £82million this summer and don’t want to pay too much
Paris Saint-Germain and Inter Milan are at an impasse in their talks over defender Milan Skriniar.
The French giants met with representatives from Inter on Wednesday in a bid to close a deal, but PSG will not pay the £58.7m asking price. SportsItalia.
PSG estimate the Slovak to be around £50million, but neither side shows any signs of blinking during the negotiations.
Milan Skriniar has become one of the best defenders in Europe during his time at Inter Milan
It is reported that PSG sports director Henrique Antero met with middleman Paolo Busardo in London for the latest round of talks, but the Ligue 1 champions have not increased their bid for Skriniar, which remains £50 million, but with several add-ons and performance-related bonuses.
Inter are looking to make a big profit on the 27-year-old after signing him for just £16.75 million in 2017. Chelsea remain interested in Skriniar, despite initially being PSG’s second favorite in the race to sign him.
It’s been a frustrating summer for PSG in the transfer market, as they missed out on Jules Koude and Gianluca Scamacca’s deals as they tried to cut the skyrocketing spending they’ve enjoyed since Qatar Sports Investments took over in 2011.
PSG and Inter MIlan would be about £8m apart in their valuations of Skriniar
PSG were interested in Sassuolo striker Scamacca but were outbid by West Ham United in a deal worth £30million and a 10 per cent discount on the future transfer fee.
Kounde appears to have chosen Barcelona as his next club turning down both PSG and Chelsea in the process.
Chelsea were also in the running for Skriniar a few weeks ago, but L’Equipe reported that PSG had beaten the Blues in the race for the centre-back.
Should PSG and Inter make it right, the Parisians would have a backline that already includes Sergio Ramos, Marquinhos, Presnel Kimpembe and Abdou Diallo.
Chelsea are still in the defender market, linked with Wesley Fofana and Presnel Kimpembe
The deal with Skriniar could have a knock-on effect as Chelsea progress in their hunt for French international Kimpembe, a player they’ve reportedly been chasing all summer, although the player himself has indicated that he would like to be in the French capital. want to stay. Le10Sport.
Thomas Tuchel’s men are looking to reinvent their backline after the departures of Andreas Christensen and Antonio Rudiger, but have only signed Kalidou Koulibaly so far. Leicester City’s Wesley Fofana has emerged as another Chelsea target.
Skriniar has spent five seasons with Inter after originally arriving in Serie A in 2015 with Sampdoria. He won the Serie A title and the Coppa Italia during his time at the San Siro. | https://whatsnew2day.com/chelsea-on-alert-after-psg-and-inter-milans-talks-over-milan-skriniar-hit-snag-in-58m-valuation/ | 2022-07-28T10:29:04Z | https://whatsnew2day.com/chelsea-on-alert-after-psg-and-inter-milans-talks-over-milan-skriniar-hit-snag-in-58m-valuation/ | false | 1 |
HONOLULU (AP) — A U.S. defense contractor and his wife, who lived for decades under the identities of two dead Texas children, have been charged with identity theft and conspiring against the government, according to federal court records unsealed in Honolulu.
Walter Glenn Primrose and Gwynn Darle Morrison, both in their 60s, allegedly lived for decades under the names Bobby Edward Fort and Julie Lyn Montague, respectively. They were arrested Friday in Kapolei on the island of Oahu.
Prosecutors are seeking to have the couple held without bail, which could indicate the case is about more than fraudulently obtaining drivers’ licenses, passports and Defense Department credentials.
Those documents helped Primrose get secret security clearance with the U.S. Coast Guard and as a defense contractor, and old photos show the couple wearing uniforms of the KGB, the former Russian spy agency, Assistant U.S. Attorney Thomas Muehleck said in court papers. Faded Polaroids of each in uniform were included in the motion to have them held.
A “close associate” said Morrison lived in Romania while it was a Soviet bloc country, Muehleck said.
Morrison’s attorney said her client never lived in Romania and that she and Primrose tried the same jacket on as a joke and posed for photos in it. Even if the couple used new identities, attorney Megan Kau told The Associated Press, they have lived law-abiding lives for three decades.
“She wants everyone to know she’s not a spy,” Kau said. “This has all been blown way out of proportion. It’s government overreaching.”
Prosecutors said there is a high risk the couple would flee if freed. They also suggested that Primrose, who was an avionics electrical technician in the Coast Guard, was highly skilled to communicate secretly if released.
The couple is also believed to have other aliases, Muehleck said.
A lawyer for Primrose declined comment. A bail hearing was scheduled for Thursday in U.S. District Court.
The secret clearance Primrose had provides access to information that is “enormously valuable to our enemies,” said Kevin O’Grady, a Honolulu defense attorney not involved in the case.
The Coast Guard works closely with the Army and Navy, helps with counterintelligence and serves as the country’s maritime border patrol, said O’Grady, an Army reservist and lieutenant colonel judge advocate.
“The Coast Guard has a unique perspective on our vulnerabilities,” he said, including how to infiltrate the country through water ports. Hawaii, a major military center, “is a prime target for a lot of espionage and such,” he said.
For one family whose deceased child’s name was stolen, the news Wednesday came as a shock.
John Montague, who lost his daughter Julie in 1968 at 3 weeks of age, was stunned to learn someone had been living under her name for so long.
“I still can’t believe it happened,” Montague, 91, told the AP. “The odds are like one-in-a-trillion that they found her and used her name. People stoop to do anything nowadays. Let kids rest in peace.”
Primrose and Morrison were born in 1955 and they attended high school together in Port Lavaca, Texas, and then went to Stephen F. Austin University, according to court records. They married in 1980.
There is no indication in court papers why the couple in 1987 assumed the identities of deceased children who would have been more than a decade younger than them. But an affidavit filed by Special Agent Dennis Thomas of the State Department’s Diplomatic Security Service noted that the couple lost their home in Nacogdoches, Texas, to foreclosure that year.
They remarried under their assumed names in 1988, Thomas said.
Court records don’t provide any information about what happened from the time they assumed their new identities until 1994, when Primrose, then about 39, enlisted in the Coast Guard as Fort, who would have been about 27.
If there was an obvious age discrepancy between what Primrose looked like and the birth certificate he presented, “that’s an abject failure,” O’Grady said.
“That’s something if they can figure it out now, they should have caught it then,” he said.
Montague said that “somebody’s not doing their jobs.”
Primrose and Morrison applied for and received multiple passports under their assumed names, according to court records. But in 1999, Primrose also applied for and was issued a passport under his legal name while also holding a passport in Fort’s name.
Primrose was in the service until 2016, when he began work for an unnamed defense contractor at the U.S. Coast Guard Air station at Barbers Point.
“While he held that secret clearance with the U.S. Coast Guard, defendant Primrose was required to report any foreign travel,” prosecutors wrote. “Investigation has revealed that defendant Primrose did not report several trips to Canada while he did report other foreign travel.”
The couple lived in a Honolulu suburb in a modest two-bedroom bungalow beneath palm trees. They owned a neighboring house they rented to military personnel, said Mai Ly Schara, who lived next door.
She knew them as Bob and Lynn, with Morrison apparently Julie Lyn Montague’s middle name.
Primrose did yard work for Schara for $50 a month, she said. Morrison took in, fed and spayed and neutered cats. She also had several rabbits and dedicated a room to the pets.
“They kept to themselves, but they were friendly,” Schara said. “They just kind of were, like, a little nerdy.”
Schara wasn’t sure what Primrose did for a living, but thought it was military related. Morrison once worked as a parking attendant at a Waikiki hotel but had been tutoring neighborhood children.
The FBI created a scene in the quiet neighborhood when they searched the house and took photos.
“It was just shocking, like, oh my gosh,” Schara said. “It was pretty crazy.”
The State Department declined to comment on the arrests.
The couple is charged with conspiracy to commit an offense against the U.S., false statement in passport application and aggravated identity theft.
Fort, who lived fewer than three months, died in October 1967 at the same hospital where Julie Montague passed away about three months later in January 1968. They are buried 14 miles (23 kilometers) apart.
When Tonda Ferguson learned from her father that Morrison had used her late sister’s birth certificate to create an alias, she thought of her mother, who died in 2003, and how many years had gone by.
“For all the mothers who are living and have to know this happened to their babies, I can’t even begin to imagine,” Ferguson said. “I’m glad my mama’s with the Lord. This would be so traumatic for her.”
Ferguson was in eighth grade when her sister died. She never got to see her little sister or hold her. She was buried in Burnet, Texas, the small town where they lived at the time outside of Austin.
“She came from a place of love, deep love,” Ferguson said. “For someone to turn around to steal her identity for evil, it’s tough. It’s hurtful. … I hope they rot.” | https://www.fox44news.com/news/national-world-news/hawaii-couple-charged-with-stealing-ids-of-dead-texas-kids-conspiring-against-the-government/ | 2022-07-28T10:31:33Z | https://www.fox44news.com/news/national-world-news/hawaii-couple-charged-with-stealing-ids-of-dead-texas-kids-conspiring-against-the-government/ | true | 45 |
Bajaj Finserv June qtr net jumps 57 pc to Rs 1,309 cr
- Country:
- India
Bajaj Finserv on Thursday reported a 57 percent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies.
In the year-ago period, the company had posted a net profit of Rs 833 crore.
The company's consolidated total income during the April-June period of 2022-23 was up 14 percent to Rs 15,888 crore, Bajaj Finserv said in a regulatory filing.
Bajaj Finserv said the business conditions improved significantly in the first quarter of FY23 and its consolidated assets under management (AUM) crossed a milestone of Rs 2,00,000 crore during this period and stood at Rs 2,04,018 crore.
Its wholly-owned subsidiary, Bajaj Housing Finance Ltd (BHFL) recorded a growth of 96 percent in profit after tax during the June 2022 quarter.
Of the other material subsidiaries, Bajaj Allianz General Insurance Company (BAGIC) recorded a healthy growth of 25 percent in gross written premium and 14 percent growth in profit in Q1FY23, Bajaj Finserv said.
''Bajaj Allianz Life Insurance Company (BALIC) continued its excellent performance and recorded industry-beating growth of 81 percent in individual rated new business premium while growing new business value significantly in Q1FY23,'' it said.
Shareholders' profit after tax during the quarter under review stood at Rs 124 crore, as against Rs 84 crore in the year-ago period, the company said.
On bonus and stock split by the company, it said its board has considered and approved the sub-division of equity shares of the face value of Rs 5 each to Re 1 each and issue of one fully paid bonus equity share of the face value of Re 1 each against one equity share of the face value of Re 1 each subject to shareholders' approval.
Bajaj Finserv (BFS) is the holding company for various financial services businesses under the Bajaj group. It has 52.49 percent holding in Bajaj Finance (BFL) and the life, general, and health insurance businesses through its 74 percent (each) holding in two unlisted subsidiaries, BAGIC and BALIC.
It also holds an 80.13 percent stake in Bajaj Finserv Direct Limited (BFSD), which is a digital marketplace for financial services products ranging from loans, insurance, mutual funds, investments, lifestyle products, and payments. The balance of 19.87 percent is held by BFL.
Stocks of BFS were trading at Rs 14,546 apiece on BSE, up 9.34 percent from their previous closing.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/business/2125233-bajaj-finserv-june-qtr-net-jumps-57-pc-to-rs-1309-cr | 2022-07-28T10:34:09Z | https://www.devdiscourse.com/article/business/2125233-bajaj-finserv-june-qtr-net-jumps-57-pc-to-rs-1309-cr | true | 4 |
A face-off between Congress president Sonia Gandhi and Union Minister Smriti Irani in the Lok Sabha chamber on Thursday added fuel to the already raging row over Congress leader Adhir Ranjan Chowdhury’s remark on President Droupadi Murmu.
Chowdhury’s reference to Murmu, India’s first tribal President, as “rashtrapatni” triggered a war of words between the ruling BJP and the Opposition Congress with Parliamentary Affairs Minister Pralhad Joshi demanding an apology from Gandhi.
As the Lok Sabha adjourned soon after 12 noon, Gandhi walked across to the Treasury benches and sought to know from BJP member Rama Devi why she was dragged into the issue.
Also Read | BJP accuses Congress of 'demeaning' President Droupadi Murmu
Irani stepped in and was seen gesturing towards Gandhi and apparently protesting against Chowdhury’s remark. Gandhi at first tried to ignore Irani’s protestations, but soon was seen gesturing towards the minister and speaking angrily.
Finance Minister Nirmala Sitharaman claimed that Gandhi told a BJP member not to talk to her. However, the Union minister did not name any BJP leader.
NCP member Supriya Sule and Trinamool member Aparupa Poddar were seen escorting the Congress president away from the Treasury benches as BJP members flocked around Rama Devi and Gandhi.
BJP women members were seated in the front rows in the Lok Sabha as they led the protests in the House against Chowdhury's remarks.
Also Read | Adhir Ranjan Chowdhury's 'Rashtrapatni' remark stokes controversy, BJP demands apology
Later, Rama Devi told the media that Gandhi sought to know why her name was dragged into the issue. "What is my fault," Gandhi asked Rama Devi, the BJP member from Sheohar in Bihar.
Rama Devi said she told Gandhi that her fault was that she had selected Chowdhury as the Congress leader in the Lok Sabha.
Addressing reporters in Parliament premises, Sitharaman accused Gandhi of speaking in a “threatening tone” with BJP members.
Sitharaman claimed that Gandhi told BJP members “you don’t talk to me”, when they sought to know what was the issue being discussed.
"Instead of tendering an apology, she is misleading by claiming that Adhir Chowdhury has already apologised. Instead of an apology, she is resorting to threats," Sitharaman said referring to the incident in the Lok Sabha chamber.
Hitting back, Congress leader Jairam Ramesh termed Irani's behaviour as "outrageous".
"Atrocious and outrageous behaviour by Union Minister Smriti Irani in the Lok Sabha today! But will she be pulled up by the Speaker? Are rules only meant for the Opposition," AICC General Secretary Ramesh said on Twitter.
Former union minister Milind Deora said he had never seen Gandhi being rude or impolite, even when provoked.
"This is not the first time that she has been targeted personally and of late, unjustly, both inside & outside Parliament. She has and will always endure," Deora said on Twitter.
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Follow us on Facebook | Twitter | Dailymotion | YouTube | https://www.deccanherald.com/national/national-politics/sonia-gandhi-smriti-irani-face-off-in-lok-sabha-post-adjournment-1130896.html | 2022-07-28T10:34:50Z | https://www.deccanherald.com/national/national-politics/sonia-gandhi-smriti-irani-face-off-in-lok-sabha-post-adjournment-1130896.html | false | 3 |
MP cancels auction of 15 mineral blocks; Chhattisgarh scraps sale of 10
- Country:
- India
Several mineral blocks put on sale are not eliciting response and Madhya Pradesh has cancelled the auction of 15 blocks while Chhattisgarh scrapped the sale of 10 mines, a government official said on Thursday.
This comes amid the government recently expressing hope that 500 mines would be auctioned by 2024.
''We are also having issue that in many blocks state governments are not finding response,'' Mines Additional Secretary Sanjay Lohiya said during a conference on Indian mineral reforms organised by Assocham.
The official also stressed the need for creating awareness and asked companies to venture out of the states they are operating in as it would be good for them in the long run.
If the companies want to operate in the mineral sector, then they should realise they have to pump in money in the exploration of blocks.
''If you venture out in other states you will escape area limits and probably find better result there,'' the additional secretary explained.
Of the over 180 mines put on sale since the system of auctioning of mineral blocks began in 2015, the country sold 46 blocks last financial year and 36 mines have been auctioned in current fiscal year till date.
The government began the process of allocating mineral blocks through auctions in 2015-16. It is aiming to scale up the mining sector's contribution to Gross Domestic Product (GDP) from present 2.5 per cent to 5 per cent.
The government had earlier said the auction of mineral blocks has stabilised in the country.
State governments were getting a very good share of revenue from the auctions and the states which were early birds in the whole race were really happy.
The mines ministry had earlier said the amendment in the mineral auction rules will encourage competition that will ensure more participation in sale of blocks.
Ministry of Mines has notified the Minerals (Evidence of Mineral Contents) Second Amendment Rules, 2021, and the Mineral (Auction) Fourth Amendment Rules, 2021 to amend the Minerals (Evidence of Mineral Contents) Rules, 2015 and the Mineral (Auction) Rules, 2015, respectively.
The amendment rules have been framed after extensive consultations with states, industry associations, miners, other stakeholders and general public.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Indian staffing industry adds 12.6 lakh informal employees in FY22: Report | https://www.devdiscourse.com/article/business/2125305-mp-cancels-auction-of-15-mineral-blocks-chhattisgarh-scraps-sale-of-10 | 2022-07-28T10:36:46Z | https://www.devdiscourse.com/article/business/2125305-mp-cancels-auction-of-15-mineral-blocks-chhattisgarh-scraps-sale-of-10 | true | 1 |
For several years, the Los Angeles Dodgers dominated their matchups with the Colorado Rockies. Colorado has punched back this year, especially at home, where it has won four of the six meetings.
The Dodgers swept the Rockies in Los Angeles earlier this month and will try to extend their four-game, head-to-head winning streak over Colorado when the teams open a four-game series in Denver on Thursday.
The Dodgers will send left-hander Tyler Anderson (10-1, 2.79 ERA) against Colorado right-hander Jose Urena (1-2, 3.13) to begin the series.
The Rockies are coming off a dramatic, 6-5 win over the Chicago White Sox on Wednesday that ended a two-game home losing streak. Colorado has won six of its past eight games in Denver.
Anderson started the season 8-0 and took his first loss against the Rockies on June 27. His former team touched him up for four runs on 10 hits over six innings, but he has bounced back. Over his last four starts, all in July, Anderson is 2-0 and has gone at least six innings in each outing while giving up a total of five runs (four earned) for a 1.42 ERA.
In his career against Colorado, Anderson is 0-2 with a 3.15 ERA in four appearances, three of them starts.
Anderson gets the ball after Los Angeles earned a 7-1 win over the visiting Washington Nationals on Wednesday to salvage the finale of a three-game series.
“The first two games didn’t go how we wanted, but to get it rolling early (Wednesday) gave us a lot of momentum,” left fielder/second baseman Gavin Lux said of the Dodgers, who scored six runs in the first inning on Wednesday.
Los Angeles got a little healthier ahead of the series with the Rockies. Starting pitcher Andrew Heaney, who had pitched just once since April 17 due to shoulder problems, threw four scoreless innings of one-hit ball, and Justin Turner returned from an abdominal injury to hit an RBI single and score a run.
“Getting those guys back is certainly helpful,” Los Angeles manager Dave Roberts said.
Urena is set to make his fifth start for Colorado. He signed a minor league contract with the organization on May 19 and was recalled July 6 after Antonio Senzatela went on the injured list.
In his first three starts, Urena allowed just three runs across 18 2/3 innings, and he made quality starts against the Dodgers, the San Diego Padres and the Pittsburgh Pirates.
He struggled at Milwaukee in his latest start, when he gave six runs — five earned — over 5 1/3 innings on Saturday, but it hasn’t dampened the team’s faith in him.
“He’s pitched great,” Colorado manager Bud Black said of Urena last week. “I think it centers around the fastball, fastball command and fastball with velocity down in the strike zone. I think that’s been probably the biggest factor of success that I’ve seen. And he’s got a good (fastball). It’s got movement and he’s producing some ground balls. He’s throwing strikes.”
Urena is trying to recapture his 2017 form, when he won a career-high 14 games for the Miami Marlins. In his career against Los Angeles, he is 1-2 with a 2.52 ERA in five games (four starts).
–Field Level Media | https://www.siouxlandproud.com/mlb/dodgers-tyler-anderson-set-to-face-ex-team-rockies/ | 2022-07-28T10:37:17Z | https://www.siouxlandproud.com/mlb/dodgers-tyler-anderson-set-to-face-ex-team-rockies/ | true | 13 |
Artists Jade and Blaise Butler
The Secret Garden art exhibition will open this Sunday and will run until August 20.
The exhibition, which will feature over 100 artists, will be open daily from 11am to 6pm at the Grennan Mill. The Kilkenny Art Gallery has again joined forces with The Berkeley Gallery at the mill to present a collection of paintings and sculpture from some of Ireland's long established as well as emerging artists.
This year also sees the inaugural National Open Submission show . Artists from all over Ireland were invited to submit work and the result is a collection of truly amazing art from painters and sculptors from all regions of the country, many of whom have never exhibited in Kilkenny before.
Newstalk broadcaster, Kieran Cuddihy will open the exhibition at 3pm this Sunday.
Admission is free. To locate the mill use the eircode R95 CF62
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm. | https://www.kilkennypeople.ie/news/home/870136/secret-garden-exhibition-opens-this-sunday-in-thomastown.html | 2022-07-28T10:40:58Z | https://www.kilkennypeople.ie/news/home/870136/secret-garden-exhibition-opens-this-sunday-in-thomastown.html | false | 2 |
COLUMBIA, S.C. (AP) — Turning around South Carolina’s chronically dangerous juvenile prisons is now the job of a prosecutor who sent some of those children to jail.
Department of Juvenile Justice Director Eden Hendrick is leading the troubled agency after two of her predecessors resigned following state audits that found major faults, from a “useless and ineffective” in-house police force to an inability to keep children safe.
“We’ve been fighting this battle for a long time,” Hendrick said in an interview with The Associated Press. “I’m very hopeful that now that it’s actually getting some traction, and that we’ll be able to actually start to provide these youths the real services that they need.”
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Horrors detailed in testimony to lawmakers and investigators include holding kids in solitary confinement in small concrete cells for months on end and scores of violent attacks by peers and guards. Staffers have hogtied, choked, slapped and even bitten children in their care, the U.S. Justice Department’s Civil Rights Division found.
Hendrick was confirmed in May shortly before the agency agreed to sweeping reforms at the main juvenile prison. Fixes include installing a modern surveillance system, revising use of force rules, reducing solitary confinement and making sure kids get physical and recreational activity.
Hendrick, who took over as interim director in September, is asking for time, to change both the prisons and the culture of an agency whose employees often feel forgotten and unappreciated.
Reform advocates want to give Hendrick a chance, but meanwhile sued the state over the scope of the settlement, demanding a complete overhaul that includes four other facilities.
Hendrix said the surveillance system upgrade lawmakers funded two years ago is nearly finished and will ensure there is no place cameras can't monitor, eliminating blind spots where juveniles and staff know an assault won't be recorded.
Hendrick also got $20 million this month for one of her top priorities — building a separate 20-bed treatment facility for juveniles with serious mental illness. Such inmates get inadequate care at regular prisons, creating time-consuming and dangerous disruptions for staff and other juveniles.
The budget also includes $8 million for additional security, $1.6 million for raises and hiring bonuses and $1.5 million to upgrade the system for virtual prison visits.
Elsewhere, she's making do where she can — like installing microwaves so that staff can eat hot lunches while keeping an eye on their charges — and looking forward to being able to offer the salaries needed to hire more people.
South Carolina's juvenile prisons carry the legacy of more than a decade under federal oversight around 20 years ago. Judges were stunned that children were being treated like hardened criminals who can't be reformed if given counseling, drug treatment and education and work opportunities.
“Eden is new to her role, but this is a system, a department that has been in shambles and failing to abide by what the Constitution requires for decades. I’m not particularly amenable to the ‘trust us, we’re fixing it’ argument,” said Allen Chaney, an attorney with the ACLU of South Carolina.
The past two directors were forced out — Sylvia Murray in 2017 after failing to control gang-related riots, and Freddie Pough last year with lawmakers angry over an employee walkout.
“What our kids are interested in is things being better, not promises,” Chaney said.
Similar problems are evident across the country. In Texas, federal authorities recently began investigating five juvenile lockups, said Amy Borror, an expert in juvenile court systems at The Gault Center, a Washington, D.C.-based nonprofit.
“You can’t move quickly enough when children are being housed in these conditions,” Borror said. “We’re harming them every single day, we’re causing trauma, we're asking for more problems down the road.”
Extra money doesn't guarantee better results. Texas has spent 31% more on juvenile justice and South Carolina 27% more over the past decade, according to the Justice Policy Institute, which aims to make jailing children a last resort.
But spending can help: Georgia has spent 24% more, focusing on community programs instead of youth prisons, and has seen a 20% drop in the number of juveniles in jail, according to the group's Sticker Shock report.
Advocates note that the abuse and neglect disproportionately impact Black children, who represent most of the South Carolina agency's charges.
In the ACLU lawsuit, one lawyer said current conditions are “eerily reminiscent” of what her clients on death row face, and what children experienced in the 1990s. The suit describes fights between entire wings of children, and juveniles fearing nighttime attacks if they take sleep medications.
One mother said her 14-year-old son was attacked dozens of times by other children and guards during his years in custody and was placed for his own protection in solitary confinement, where he struggled to get an education using occasional worksheets.
One guard held the boy down during an attack by youths. Children beat him with milk crates, locks and pipes yanked from the ceiling, the mother reported in court papers. Because of the pandemic, she could only see his injuries in video calls.
Nationwide, the number of children held in restrictive jail or prison-like settings has dropped significantly in the last two decades.
South Carolina isn’t following that trend.
A 2019 change raising the minimum age that teenagers could be tried as adults from 17 to 18 put more children into the juvenile system, and court shutdowns during the COVID-19 pandemic kept them there, according to Hendrick.
Legislation to decrease the number of incarcerated juveniles, establish diversion programs and a children’s Bill of Rights, limit probation terms and ban commitments for status offenses died after making it out of a Senate committee this spring.
Despite the setbacks, Alexsandra Chauhan, who shared courtrooms with Hendrick as a public defender, credits her for putting fewer children in isolation and more in therapy, along with the security camera overhaul.
“She’s been gaining my respect day by day. I truly see the changes she’s been implementing and I truly recognize the hardship of her job," said Chauhan, who works with juvenile defenders at the state’s Commission on Indigent Defense.
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Michelle Liu was a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow her at twitter.com/@mchelleliu | https://siouxcityjournal.com/lifestyles/health-med-fit/new-south-carolina-juvenile-justice-chief-pushes-reforms/article_af816fb8-5a53-5516-a010-368b740fbaab.html | 2022-07-28T10:43:06Z | https://siouxcityjournal.com/lifestyles/health-med-fit/new-south-carolina-juvenile-justice-chief-pushes-reforms/article_af816fb8-5a53-5516-a010-368b740fbaab.html | false | 45 |
A song by Pigeon Pit has gotten me through this year. Chugging a punk twang with the sun at its back, "milk crates" recognizes the relentless churn of life, but still seeks freedom from tyranny, exhaustion and the everyday nonsense that drags us down. The first time I heard the song performed live was at the band's Tiny Desk sound check, and I gave into the cathartic release with a few tears, mouthing along to the throng of gang vocals:
No job, no place to get away from
I've been to a world worth living in
No rent, no lies to memorize
No f***** up world to drown out
Lomes Oleander's voice is shaky, but damn sure of what she's singing. She began Pigeon Pit as a solo project in Olympia, Wash., frenetically bashing on an acoustic guitar with stories fit for summer nights lit by fireflies and cigarette glow. Older songs paint portraits of someone figuring out her mess in a messy world, and trying her damndest to be kind to herself while doing so. At the Tiny Desk, Oleander explained one such song, "wichitalk," as "a song for the girl I never let myself be when I was a kid."
Pigeon Pit's been touring basements and baseball fields around the country with a full band, filling out the ramshackle edges of its sound with fiddle, banjo, pedal steel, bass and drums. Fans show up with homemade patches that bear Oleander's shout-alongable punk poetry, which describes everything from shared quiet moments ("empties") and swimming with friends ("river song") to sassin' cops ("soup for my family"). At the Tiny Desk, the folk-punk unit plays these songs from feather river canyon blues, an album released on the first day of 2022, offering some sweetness in a world that doesn't always share the same in return.
SET LIST
MUSICIANS
TINY DESK TEAM
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.kgou.org/2022-07-28/pigeon-pit-tiny-desk-concert | 2022-07-28T10:44:03Z | https://www.kgou.org/2022-07-28/pigeon-pit-tiny-desk-concert | true | 15 |
NEW YORK, July 28, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Energy Transfer LP ("Energy Transfer" or the "Company") (NYSE: ET) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Energy Transfer investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons who purchased or otherwise acquired common shares of Energy Transfer stock between April 13, 2017 and December 20, 2021, both dates inclusive. Follow the link below to get more information and be contacted by a member of our team:
ET investors may also contact Joseph E. Levi, Esq. via email
at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (a) Energy Transfer had inadequate internal controls and procedures to prevent contractors from engaging in illegal conduct with regards to drilling activities, and/or failed to properly mitigate known issues related to such controls and procedures; (b) Energy Transfer, through its subsidiary Rover Pipeline, LLC, hired a third-party contractor to conduct Horizontal Directional Drilling Activities for the Rover Pipeline Project, whose conduct of adding illegal additives in the drilling mud caused severe pollution near the Tuscarawas River when a large inadvertent release took place on April 13, 2017; (c) Energy Transfer continually downplayed its potential civil liabilities when the Federal Energy Regulatory Commission ("FERC") was actively investigating the Energy Transfer's wrongdoing related to the April 13 release and consistently provided it with updated information about FERC's findings on this matter.
WHAT'S NEXT? If you suffered a loss in Energy Transfer during the relevant time frame, you have until August 2, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
View original content to download multimedia:
SOURCE Levi & Korsinsky, LLP | https://www.wtoc.com/prnewswire/2022/07/28/et-lawsuit-alert-levi-amp-korsinsky-notifies-energy-transfer-lp-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-28T10:47:01Z | https://www.wtoc.com/prnewswire/2022/07/28/et-lawsuit-alert-levi-amp-korsinsky-notifies-energy-transfer-lp-investors-class-action-lawsuit-upcoming-deadline/ | false | 20527 |
KYIV, Ukraine — Russian forces on Thursday launched massive missile strikes on Ukraine's Kyiv and Chernihiv regions, areas that haven't been targeted in weeks, while Ukrainian officials announced an operation to liberate an occupied region in the country's south.
Kyiv regional governor Oleksiy Kuleba said on Telegram that a settlement in the Vyshgorod district of the region was targeted early on Thursday morning; an "infrastructure object" was hit. It wasn't immediately clear if there were any casualties.
Vyshhgorod is located about 12 miles north of downtown Kyiv. Kuleba linked the strikes with the Day of Statehood, which Ukraine was marking for the first time on Thursday.
"Russia, with the help of missiles, is mounting revenge for the widespread popular resistance, which the Ukrainians were able to organize precisely because of their statehood," Kuleba told Ukrainian television. "Ukraine has already broken Russia's plans and will continue to defend itself."
Chernihiv governor Vyacheslav Chaus reported that multiple missiles were fired from the territory of Belarus at the village of Honcharivska.
Russian troops withdrew from the Kyiv and Chernihiv regions months ago after failing to capture either. The renewed strikes on the areas come a day after the leader of pro-Kremlin separatists in the east, Denis Pushilin, publicly called on the Russian forces to "liberate Russian cities founded by the Russian people — Kyiv, Chernihiv, Poltava, Odesa, Dnipropetrovsk, Kharkiv, Zaporizhzhia, Lutsk."
Kharkiv, Ukraine's second largest city, also came under a barrage of shelling overnight, its mayor Ihor Terekhov said. The southern city of Mykolaiv was fired at as well, with one person sustaining injuries.
Meanwhile, the Ukrainian military continued to counterattack in the occupied southern region of Kherson, striking a key bridge over the Dnieper River on Wednesday.
Ukrainian media on Thursday quoted Ukraine's presidential adviser, Oleksiy Arestovich, as saying that the operation to liberate Kherson "has already begun." Arestovich said Kyiv's forces were planning to isolate Russian troops there and leave them with three options — to "retreat, if possible, surrender or be destroyed."
Oleksiy Danilov, the secretary of Ukraine's National Security and Defense Council, in televised remarks on Wednesday said he was "cautious" in assessing the timeline of the possible counteroffensive. "I would really like it to be much faster," he said, adding that "the enemy is now concentrating the maximum number (of forces) precisely in the Kherson direction."
"A very large-scale movement of their troops has begun, they are gathering additional forces," Danilov warned.
The British military estimated Thursday that Ukraine's counteroffensive in Kherson is "gathering momentum".
"Their forces have highly likely established a bridgehead south of the Ingulets River, which forms the northern boundary of Russian-occupied Kherson," the British Defense Ministry said on Thursday.
It added that Ukraine has used its new long-range artillery to damage at least three of the bridges across the Dnieper River, "which Russia relies upon to supply the areas under its control." The 1,000-meter-long Antonivsky bridge, which Ukrainian forces struck on Wednesday, is likely to be "unusable," the British Defense Ministry concluded.
Ukraine's presidential office said Thursday morning that Russian shelling of cities and villages over the past 24 hours killed at least five civilians, all of them in the eastern Donetsk region, and wounded nine more.
Fighting in recent weeks has focused on the Donetsk region. It has intensified in recent days as Russian forces appeared to emerge from a reported "operational pause" after capturing the neighboring Luhansk region.
A missile struck a residential building in Toretsk early Thursday morning, destroying two floors. "Missile terror again. We will not give up... We will not be intimidated," Donetsk regional governor Pavlo Kyrylenko said on Telegram.
Analysts with the Institute for the Study of War believe that Russian forces are focusing their efforts on capturing the cities of Bakhmut and Siversk in Donetsk province.
"Russian forces have committed enough resources to conduct near-daily ground assaults and to seize territory on these two axes but have been unable to sustain a similar offensive operational tempo or to make similar territorial gains elsewhere in Ukraine," the Institute said.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wuwf.org/2022-07-28/russia-strikes-areas-in-northern-ukraine-while-ukraine-counterattacks-in-the-south | 2022-07-28T10:47:58Z | https://www.wuwf.org/2022-07-28/russia-strikes-areas-in-northern-ukraine-while-ukraine-counterattacks-in-the-south | true | 22 |
'Morning Edition' unveils Kwame Alexander's latest crowdsourced poem Published July 28, 2022 at 2:13 AM MST Facebook Twitter LinkedIn Email Listen • 6:53 NPR's Rachel Martin and poet in residence Kwame Alexander share their latest community poem in the form of a letter. Copyright 2022 NPR | https://www.kawc.org/2022-07-28/morning-edition-unveils-kwame-alexanders-latest-crowdsourced-poem | 2022-07-28T10:48:25Z | https://www.kawc.org/2022-07-28/morning-edition-unveils-kwame-alexanders-latest-crowdsourced-poem | false | null |
NEW YORK (AP) _ Virtu Financial Inc. (VIRT) on Thursday reported second-quarter earnings of $85.2 million.
The New York-based company said it had net income of 78 cents per share. Earnings, adjusted for one-time items, were 73 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.
The high-speed trading company posted revenue of $604.7 million in the period. Its adjusted revenue was $357.4 million, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $366 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VIRT at https://www.zacks.com/ap/VIRT | https://www.middletownpress.com/business/article/Virtu-Financial-Q2-Earnings-Snapshot-17334450.php | 2022-07-28T10:49:27Z | https://www.middletownpress.com/business/article/Virtu-Financial-Q2-Earnings-Snapshot-17334450.php | false | null |
DALLAS (AP) _ Eagle Materials Inc. (EXP) on Thursday reported fiscal first-quarter earnings of $105 million.
The Dallas-based company said it had net income of $2.75 per share. Earnings, adjusted for non-recurring costs, came to $2.82 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.73 per share.
The maker of gypsum wallboard and cement posted revenue of $561.4 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $561.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXP at https://www.zacks.com/ap/EXP | https://www.lakecountystar.com/business/article/Eagle-Materials-Fiscal-Q1-Earnings-Snapshot-17334460.php | 2022-07-28T10:49:48Z | https://www.lakecountystar.com/business/article/Eagle-Materials-Fiscal-Q1-Earnings-Snapshot-17334460.php | true | null |
Progress on the Bradley County Courthouse tower continued Wednesday morning as painters began applying an initial priming layer on the new bell tower exterior.
As Saline River Chronicle reported July 19, crews have run into some issues in regards to the completion of the tower renovations. The contractor and architect discovered some problems with an old flue in the tower which was used in the early 1900’s for wood heaters.
CLICK HERE to read more of this article at SalineRiverChronicle .com. | http://www.magnoliareporter.com/news_and_business/regional_news/article_46e60dcc-0e51-11ed-ab19-cb9ac08ba881.html | 2022-07-28T10:51:33Z | http://www.magnoliareporter.com/news_and_business/regional_news/article_46e60dcc-0e51-11ed-ab19-cb9ac08ba881.html | false | null |
Net Sales Growth Accelerates, with all Business Segments posting Strong Results
Company Reaffirms Adjusted EPS Guidance for the Year
BURLINGTON, Mass. and FRISCO, Texas, July 28, 2022 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported strong results for the second quarter ended June 30, 2022 and raised its full-year net sales guidance to low-double-digit growth, from the previous high-single-digit range. The Company also reaffirmed its guidance for full year Adjusted EPS growth in the mid-single-digit range.
Commenting on the announcement, Chairman and CEO Bob Gamgort stated, "Our strong results reflect the flexibility and resilience of our business and the capability of our team to execute with excellence. We successfully recovered from supply chain disruptions in coffee and non-carbonated beverages, implemented additional pricing to offset inflation and continued to accelerate growth across our broad portfolio, leading to another quarter of strong market share performance. We remain confident that our "all-weather" business model will enable us to deliver in the ongoing volatile macro environment."
Incoming CEO Ozan Dokmecioglu added, "I am pleased with the continued strength of our business and remain confident in our ability to deliver our plans for the second half of this year. I look forward to assuming the role of CEO and partnering with our talented team to drive value creation through the successful execution of our strategic plan."
Second Quarter Consolidated Results
Net sales for the second quarter of 2022 increased 13.2% to $3.55 billion, compared to $3.14 billion in the year-ago period and, on a constant currency basis, net sales increased 13.5%. This strong performance reflected balanced growth in all segments, with both pricing and volumes up in the quarter. Driving the consolidated net sales growth was favorable net price realization of 10.4% and higher volume/mix of 3.1%, reflecting modest volume elasticity impacts in the quarter.
KDP in-market performance in the Liquid Refreshment Beverages (LRB) category remained exceptionally strong in the quarter, with retail dollar consumption2 advancing 9.9% and market share growing or holding across 92% of the Company's cold beverage portfolio, largely reflecting strength in CSDs3, premium unflavored water, coconut water, seltzers, teas, apple juice, vegetable juice and fruit drinks. This performance was driven by Dr Pepper, Sunkist, Canada Dry, A&W and Squirt CSDs, CORE Hydration, Vita Coco, Polar seltzers, Snapple, Hawaiian Punch and Mott's.
In coffee, retail dollar consumption of single-serve pods manufactured by KDP increased 3.8% in IRi tracked channels, led by higher pricing in both partner and KDP owned and licensed brands, with stronger growth registered in untracked channels. Coffee Systems net sales in the quarter advanced approximately 9%, reflecting the early completion of the Company's coffee recovery program, which enabled KDP to begin to restore inventory levels to partners and customers. KDP manufactured share in the quarter remained strong at 81.8%.
GAAP operating income in the second quarter of 2022 decreased 22.1% to $572 million, compared to $734 million in the year-ago period, primarily reflecting higher gross profit, driven by the strong and balanced net sales growth and productivity, more than offset by the unfavorable year-over-year impact of items affecting comparability and broad-based inflationary pressures and supply chain disruption.
Adjusted operating income declined slightly in the quarter to $832 million, or 23.4% as a percent of net sales, reflecting Adjusted gross profit growth of 10%, offset by inflationary pressures in transportation, warehousing and retail labor, each of which increased on a rate basis in the quarter.
GAAP net income in the second quarter of 2022 decreased 51.3% to $218 million, or $0.15 per diluted share, compared to $448 million, or $0.31 per diluted share, in the year-ago period. This performance reflected the decline in GAAP operating income and the unfavorable year-over-year impact of items affecting comparability, which more than offset the benefits of a lower effective tax rate and reduced interest expense.
Adjusted net income in the quarter advanced 3.3% to $554 million, driven by the benefits of the lower effective tax rate and reduced interest expense, partially offset by the slight decline in Adjusted operating income. Adjusted diluted EPS in the quarter increased 2.6% to $0.39, compared to $0.38 in the year-ago period.
Operating cash flow in the second quarter of 2022 totaled $676 million and free cash flow totaled $599 million, primarily reflecting the increase in operating cash flow and slightly lower capital expenditures.
During the quarter, the Company repurchased approximately 2.5 million KDP shares for a total cost of $87.6 million, at an average price per share of $34.51. The company has $3.9 billion remaining under its share repurchase authorization expiring on December 31, 2025.
Second Quarter Segment Results
Coffee Systems
Net sales for the second quarter of 2022 increased 8.5% to $1.20 billion, compared to $1.10 billion in the year-ago period and, on a constant currency basis, net sales increased 9.1%. The constant currency net sales growth was driven by a 5.8% increase in net price realization and a 3.3% increase in volume/mix, reflecting the benefits of modest elasticities and the early completion of the Company's coffee recovery program, which enabled KDP to begin to rebuild retailer and partner inventories and restore customer service levels.
The higher net price realization of 5.8% in the quarter was driven by pod and brewer pricing actions taken late in 2021 and during the second quarter of 2022. The volume/mix increase of 3.3% reflected pod volume growth of 4.7%, partially offset by a brewer volume decline of 4.2%, reflecting comparison to the strong 29% brewer growth in the year-ago period.
GAAP operating income in the second quarter of 2022 decreased 11.3% to $315 million, compared to $355 million in the year-ago period, largely reflecting the lag in timing between higher net price realization and broad-based inflation, continued elevated costs associated with the coffee recovery program, a slight increase in marketing investment and the unfavorable year-over-year impact of items affecting comparability. Partially offsetting these factors was the benefit of productivity. Adjusted operating income decreased 8.4% to $369 million and, on a percent of net sales basis, totaled 30.9%.
Packaged Beverages
Net sales for the second quarter of 2022 increased 12.8% to $1.69 billion, compared to $1.50 billion in the year-ago period and, on a constant currency basis, net sales increased 12.9%. This strong and balanced net sales performance was driven by higher net price realization of 11.0% and increased volume/mix of 1.9%, reflecting modest volume elasticities and continued strong in-market execution.
The strong net sales performance reflected broad-based strength across the portfolio, led by CSDs, CORE Hydration, Snapple, Polar seltzers, Vita Coco, Mott's and Hawaiian Punch.
GAAP operating income in the second quarter of 2022 decreased 11.1% to $232 million, compared to $261 million in the year-ago period, primarily reflecting the lag in timing between higher net price realization and broad-based inflation and higher marketing investment, partially offset by productivity and the favorable year-over-year impact of items affecting comparability. Adjusted operating income decreased 14.5% to $247 million and, on a percent of net sales basis, totaled 14.6%.
Beverage Concentrates
Net sales for the second quarter of 2022 increased 22.7% to $460 million, compared to $375 million in the year-ago period and, on a constant currency basis, increased 22.9%. This strong and balanced performance was driven by higher net price realization of 19.2%, including favorable timing related to trade accruals versus year-ago, and favorable volume/mix of 3.7%, reflecting modest volume elasticities.
Total shipment volume versus year-ago increased 3.5% in the quarter, led by increases in Canada Dry and Dr Pepper. Bottler case sales volume in the quarter were essentially even with the year-ago period.
GAAP operating income in the second quarter of 2022 increased 27.1% to $324 million, compared to $255 million in the year-ago period, primarily reflecting the strong net sales performance and lower marketing, partially offset by broad-based inflation and the slightly unfavorable year-over-year impact of items affecting comparability. Adjusted operating income increased 27.6% to $327 million and, on a percent of net sales basis, totaled 71.1%.
Latin America Beverages
Net sales for the second quarter of 2022 increased 26.5% to $210 million, on both a reported and constant currency basis, compared to net sales of $166 million in the year-ago period. This strong and balanced performance was driven by higher net price realization of 14.5% and increased volume/mix of 12.0%, reflecting modest volume elasticities and strong in-market execution. Leading the net sales growth were Peñafiel, Clamato, Squirt and Mott's.
GAAP operating income in the second quarter of 2022 increased 38.9% to $50 million, compared to $36 million in the year-ago period, reflecting the strong growth in net sales, productivity and a slightly favorable year-over-year impact of items affecting comparability which, taken together, more than offset broad-based inflationary pressures, particularly elevated logistics costs, and increased marketing investment. Adjusted operating income increased 35.1% to $50 million and, on a percent of net sales basis, totaled 23.8%.
KDP Acquisition
During the quarter, KDP announced an agreement to acquire the global rights to Atypique, a highly unique non-alcohol, ready-to-drink cocktail brand in the emerging and fast-growing non-alcohol cocktail segment in Canada. This new platform complements KDP's strong and successful ready-to-drink alcohol portfolio in Canada and provides the Company with new growth opportunities in an exciting, new category.
KDP 2022 Guidance
KDP raised its guidance for 2022 constant currency net sales growth to the low-double-digit range and reaffirmed its guidance for Adjusted EPS growth in the mid-single-digit range. The Company continues to expect Adjusted EPS growth in the second half of the year to reach the high-single-digit range, driven largely by the fourth quarter.
Investor Contacts:
Steve Alexander
T: 972-673-6769 / steve.alexander@kdrp.com
Chethan Mallela
chethan.mallela@kdrp.com
Media Contact:
Katie Gilroy
T: 781-418-3345 / katie.gilroy@kdrp.com
About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue approaching $13 billion and approximately 27,000 employees. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott's®, CORE® and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability. For more information, visit www.keurigdrpepper.com.
FORWARD LOOKING STATEMENTS
Certain statements contained herein are "forward-looking statements" within the meaning of applicable securities laws and regulations. These forward-looking statements can generally be identified by the use of words such as "outlook," "guidance," "anticipate," "expect," "believe," "could," "estimate," "feel," "forecast," "intend," "may," "plan," "potential," "project," "should," "target," "will," "would," and similar words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These statements are based on the current expectations of our management, are not predictions of actual performance, and actual results may differ materially.
Forward-looking statements are subject to a number of risks and uncertainties, including the factors disclosed in our Annual Report on Form 10-K and subsequent filings with the SEC. We are under no obligation to update, modify or withdraw any forward-looking statements, except as required by applicable law.
NON-GAAP FINANCIAL MEASURES
This release includes certain non-GAAP financial measures including Adjusted operating income, Adjusted net income, Adjusted diluted EPS, free cash flow and financial measures presented on a constant currency basis, which differ from results using U.S. Generally Accepted Accounting Principles (GAAP). These non-GAAP financial measures should be considered as supplements to the GAAP reported measures, should not be considered replacements for, or superior to, the GAAP measures and may not be comparable to similarly named measures used by other companies. Non-GAAP financial measures typically exclude certain charges, including one-time costs that are not expected to occur routinely in future periods. The Company uses non-GAAP financial measures internally to focus management on performance excluding these special charges to gauge our business operating performance. Management believes this information is helpful to investors because it increases transparency and assists investors in understanding the underlying performance of the Company and in the analysis of ongoing operating trends. Additionally, management believes that non-GAAP financial measures are frequently used by analysts and investors in their evaluation of companies, and their continued inclusion provides consistency in financial reporting and enables analysts and investors to perform meaningful comparisons of past, present and future operating results. The most directly comparable GAAP financial measures and reconciliations to non-GAAP financial measures are set forth in the appendix to this release and included in the Company's filings with the SEC.
To the extent that the Company provides guidance, it does so only on a non-GAAP basis and does not provide reconciliations of such forward-looking non-GAAP measures to GAAP due to the inability to predict the amount and timing of impacts outside of the Company's control on certain items, such as non-cash gains or losses resulting from mark-to-market adjustments of derivative instruments, among others.
KEURIG DR PEPPER INC.
RECONCILIATION OF CERTAIN NON-GAAP INFORMATION
(UNAUDITED)
The company reports its financial results in accordance with U.S. GAAP. However, management believes that certain non-GAAP financial measures that reflect the way management evaluates the business may provide investors with additional information regarding the company's results, trends and ongoing performance on a comparable basis.
Specifically, investors should consider the following with respect to our financial results:
Adjusted: Defined as certain financial statement captions and metrics adjusted for certain items affecting comparability.
Items affecting comparability: Defined as certain items that are excluded for comparison to prior year periods, adjusted for the tax impact as applicable. Tax impact is determined based upon an approximate rate for each item. For each period, management adjusts for (i) the unrealized mark-to-market impact of derivative instruments not designated as hedges in accordance with U.S. GAAP that do not have an offsetting risk reflected within the financial results, as well as the unrealized mark-to-market impact of our Vita Coco investment; (ii) the amortization associated with definite-lived intangible assets; (iii) the amortization of the deferred financing costs associated with the DPS Merger; (iv) the amortization of the fair value adjustment of the senior unsecured notes obtained as a result of the DPS Merger; (v) stock compensation expense and the associated windfall tax benefit attributable to the matching awards made to employees who made an initial investment in KDP; (vi) non-cash changes in deferred tax liabilities related to goodwill and other intangible assets as a result of tax rate or apportionment changes; and (vii) other certain items that are excluded for comparison purposes to prior year periods.
For the second quarter of 2022, the other certain items excluded for comparison purposes include (i) restructuring and integration expenses related to significant business combinations; (ii) productivity expenses; (iii) costs related to significant non-routine legal matters; (iv) the loss on early extinguishment of debt related to the redemption of debt; (v) incremental costs to our operations related to risks associated with the COVID-19 pandemic; (vi) the gain on the sale of our investment in BodyArmor; (vii) the gain on the settlement of our prior litigation with BodyArmor, excluding recoveries of previously incurred litigation expenses which were included in our adjusted results; (viii) losses recognized with respect to our equity method investment in Bedford as a result of funding our share of their wind-down costs and (ix) foundational projects, which are transformative and non-recurring in nature.
For the second quarter of 2021, the other certain items excluded for comparison purposes include (i) restructuring and integration expenses related to significant business combinations; (ii) productivity expenses; (iii) costs related to significant non-routine legal matters; (iv) the loss on early extinguishment of debt related to the redemption of debt; (v) incremental costs to our operations related to risks associated with the COVID-19 pandemic; and (vi) gains from insurance recoveries related to the February 2019 organized malware attack on our business operation networks in the Coffee Systems segment.
Costs related to significant non-routine legal matters relate to the antitrust litigation. Incremental costs to our operations related to risks associated with the COVID-19 pandemic include incremental expenses incurred to either maintain the health and safety of our front-line employees or temporarily increase compensation to such employees to ensure essential operations continue during the pandemic.
We believe removing these costs reflects how management views our business results on a consistent basis.
Constant currency adjusted: Defined as certain financial statement captions and metrics adjusted for certain items affecting comparability, calculated on a constant currency basis by converting our current period local currency financial results using the prior period foreign currency exchange rates.
For the second quarter and first six months of 2022 and 2021, the supplemental financial data set forth below includes reconciliations of adjusted and constant currency adjusted financial measures to the applicable financial measure presented in the unaudited condensed consolidated financial statements for the same period.
KEURIG DR PEPPER INC.
RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW
(UNAUDITED)
Free cash flow is defined as net cash provided by operating activities adjusted for purchases of property, plant and equipment, proceeds from sales of property, plant and equipment, and certain items excluded for comparison to prior year periods. For the first six months of 2022 and 2021, there were no certain items excluded for comparison to prior year periods.
KEURIG DR PEPPER INC.
RECONCILIATION OF SIGNIFICANT COVID-19 RELATED EXPENSES
(UNAUDITED)
The following table sets forth our reconciliation of significant COVID-19-related expenses. However, employee compensation expense and employee protection costs, which impact our SG&A expenses and cost of sales, are included as the COVID-19 item affecting comparability and are excluded in our Adjusted financial measures. In addition, reported amounts under U.S. GAAP also include additional costs, not included as the COVID-19 item affecting comparability, as presented in tables below.
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SOURCE Keurig Dr Pepper Inc. | https://www.wjhg.com/prnewswire/2022/07/28/keurig-dr-pepper-reports-strong-q2-2022-results-raises-full-year-net-sales-guidance/ | 2022-07-28T10:52:20Z | https://www.wjhg.com/prnewswire/2022/07/28/keurig-dr-pepper-reports-strong-q2-2022-results-raises-full-year-net-sales-guidance/ | true | 11 |
Congress president Sonia Gandhi has expressed her inability to explain the transactions that facilitated the takeover of the assets of AJL, the publisher of National Herald and other party publications, by Young Indian in which she and son Rahul hold a controlling stake. She said that Motilal Vora, the late former party treasurer, alone knew about the details of the transactions between Congress, AJL and Young Indian, ED sources said.
NEW DELHI: Congress president Sonia Gandhi has expressed her inability to explain the transactions that facilitated the takeover of the assets of Associated Journals Limited (AJL), the publisher of National Herald and other party publications, by Young Indian in which she and son Rahul hold a controlling stake.
Sonia — who was questioned for six hours by the Enforcement Directorate on Tuesday in connection with the alleged money laundering case involving the acquisition of AJL and its assets worth Rs 800 crore by Young Indian — said that Motilal Vora, the late former party treasurer, alone knew about the details of the transactions between Congress, AJL and Young Indian, ED sources said.
Earlier, Rahul and other Congress functionaries, including leader of the opposition in the Rajya Sabha, Mallikarjun Kharge, and treasurer Pawan Kumar Bansal, had taken an identical stand when questioned by officials of the anti-money laundering agency, the sources emphasised.
Congress on Tuesday refused to comment when TOI sought its reaction to Sonia Gandhi denying knowledge of the AJL transactions related to its acquisition by Young Indian. However, earlier, in reaction to Rahul’s submission before the agency, Congress secretary Pranav Jha had told TOI: “Proceedings of the ED are of judicial nature and leaking them is a criminal offence. Therefore, we will not comment on it.”
The ED, which has summoned Congress chief Sonia Gandhi again on Wednesday, has been trying to figure out how Young Indian (YI) ended up acquiring AJL and its assets, essentially prime real estate provided at concessional rates by Congress governments in cities such as Delhi, Mumbai, Lucknow, Bhopal and Chandigarh.
YI had paid Congress only Rs 50 lakh from Rs 1 crore it had arranged from Dotex Merchandise Pvt Ltd, which is suspected to be a Kolkata-based shell company, according to the agency. Congress has claimed that it had paid Rs 90.2 crore to AJL to help meet its obligations towards payment of provident fund arrears of its employees and VRS dues. But, party functionaries have failed to provide any proof of the alleged payment and whether it was made in cash or by cheque, ED says. Young Indian claims it took over AJL’s debt owed to Congress and in turn the party transferred 100% shareholding of AJL to it, the agency says.
ED says it found it incredulous that YI, with a share capital of Rs 5 lakh, managed to take over AJL’s assets by taking over the Rs 90 crore debt it owed to Congress. “Since YI did not have any funds at the time of the alleged purchase of a loan of Rs 90.2 crore, it claimed taking a loan of Rs 1 crore from Dotted Merchandise,” according to the ED dossier.
The collective denial by Congress functionaries about exactly how YI ended up being the owner of crores of assets within months of its launch poses a hurdle for investigators. Sources, however, indicated that they are looking forward to concluding the questioning of the Congress chief by Wednesday in order to file a prosecution report (equivalent of chargesheet) so that the trial in the politically sensitive case can begin soon.
So far, Sonia has recorded statements for more than 75 questions during an eight-hour session spread over two days, helping the ED team clock better progress than what it had managed with Rahul. Sources said it took the investigators five days to record Rahul’s responses to around 100 questions.
Sonia and Rahul are out on bail after a Delhi court had taken cognisance of charges against them and ordered for their trial for offences under Sections 120B (criminal conspiracy) and 420 (cheating) of IPC, based on the findings of an income tax assessment report in the National Herald case. The Delhi HC and later the SC refused to drop the charges against them. The ED’s investigation under the PMLA is based on the Delhi court taking cognisance of the I-T charges.
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Wallbridge further extends Fenelon mineralization in both east-west directions
Wallbridge Mining Company (TSX: WM) has reported positive assay results from ongoing resource drilling at its flagship Fenelon gold project, further expanding the lateral footprint of the deposit beyond its initial 2021 mineral resource estimate (MRE).Fenelon is located 80 km east of Agnico Eagle’s Detour Lake gold mine at the centre of Wallbridge’s land package, which covers roughly 910 km2 of the Detour-Fenelon gold trend in northwestern Quebec. Fenelon’s initial resource estimation completed in 2021 contained 36 million indicated tonnes grading 1.84 g/t gold for 2.1 million contained oz., plus 29 million inferred tonnes at 1.57 g/t for 1.5 million contained oz.“Today’s results add new gold mineralization along the eastern and western margins of the 2021 MRE. We are particularly pleased with the gold endowment in the eastern part of the deposit, where the host diorite is pervasively mineralized and we have encountered high-quality gold zones that remain entirely open toward the southeast,” Marz Kord, Wallbridge’s president and CEO, commented.The western and eastern extensions of mineralization are exemplified by drill holes FA-22-401 (3.01 g/t gold over 17.95 metres) in the west and FA-22-420A (25.14 g/t gold over 3.27 metres) in the east, both of which intersected gold mineralization outside the 2021 MRE at approximately 795 to 865 metres below the surface. Furthermore, the areas directly surrounding these intercepts remain untested with further room to expand the mineralization.The new drill results further demonstrated the expansion potential of the Fenelon gold deposit, where Wallbridge has been extending the near-surface mineralization at Area 51 and recently confirmed its continuity at depth by establishing underground access.“Overall, the drilling at Fenelon this year has continued to prove extensions of new gold zones in multiple directions, which will help strengthen the project by delivering a more robust orebody with the flexibility to develop an optimal mine design,” Kord added.Wallbridge geologists and technical staff envision that the next mineral resource estimate could point to a primarily bulk-mineable underground resource at Fenelon, with possible smaller open pits on shallow mineralized zones such as at Gabbro and Area 51.
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Jetzt informieren! | https://www.finanzen.at/nachrichten/aktien/wallbridge-further-extends-fenelon-mineralization-in-both-east-west-directions-11571493 | 2022-07-28T10:58:53Z | https://www.finanzen.at/nachrichten/aktien/wallbridge-further-extends-fenelon-mineralization-in-both-east-west-directions-11571493 | false | 1 |
Daily Business Live
Diageo | BT | Barclays | Centrica | Shell | TSB
REFRESH PAGE FOR UPDATES
9.30am: Stocks edge lower
London share prices edged lower after an opening surge built on a less aggressive tone on interest rates from the US Federal Reserve.
The FTSE 100 was trading 22 points lower at 7,326.03.
Miners rallied, but BT was among the biggest fallers, down 7.2% at 163.40p as traders fretted over the impact of higher labour costs on the roll-out of its fibre programme. The company is facing a walk-out of staff tomorrow.
7am: Diageo sales soar
Johnnie Walker whisky maker Diageo posted full-year sales up 21.4% as bars reopened and consumers moved towards premium brands.
High-end brands contributed 57% of £15.5 billion in net sales in the year to 30 June.
Operating profit grew 18.2% to £4.4bn.
Chief executive Ivan Menezes said: “Looking ahead to fiscal ’23, we expect the operating environment to be challenging, with ongoing volatility related to COVID-19, significant cost inflation, a potential weakening of consumer spending power and global geopolitical and macroeconomic uncertainty.”
7am: Shell beats forecasts
Energy giant Shell reported a better-than-expected second-quarter profit of $11.5bn driven by soaring energy prices.
The company also announced a share buyback programme of $6bn to start in the third quarter.
Adjusted earnings rose 26% to $11.47bn, almost $0.5bn higher than a company-compiled forecast. Income surged 154% to $18bn.
7am: BT revenue rises
BT Group posted a rise in first-quarter revenue after it lifted prices.
In the three months to 30 June, revenue edged up 1% to £5.1bn. This was due to improved pricing and solid trading in the Consumer and Openreach divisions.
Core earnings were 2% higher at £1.9 billion and it said it remained confident about its outlook.
7am: Barclays profits fall
Barclays posted a 24% fall in pre-tax profits to £3.7bn as higher costs and a £300m impairment provision for bad debts amid the cost of living crisis weighed on the bank’s bottom line.
Group income came in at £13.2bn, up 17% year-on-year, including £800m from hedging arrangements related to the over-issuance of securities.
Credit impairment charges were £300m, compared to a £700m release of cash last year that had been set aside for debts expected during the Covid pandemic.
7am: TSB profits rise
TSB reported a half-year statutory profit before tax of £102.9 million, compared to £42.9m in H1 2021.
Robin Bulloch, chief executive, said: “The past six months have been incredibly challenging for many people across the UK.
“We’ve invested in improving the customer experience, pressing ahead with our programme of branch upgrades and further developing our digital offer, as well as continuing to offer a strong mortgage proposition – all of which has contributed to sustainable balance sheet growth and improved profitability.”
7am: Centrica
British Gas owner Centrica saw adjusted half-year operating profits rocket 412% to £1.34bn from £262m a year earlier.
It said the rocketing profits came against a backdrop of “high and volatile” commodity prices.
7am: Weir hikes dividend
Weir Group announced a 17% rise in its interim dividend from 11.5p to 13.5p after a strong first half.
Adjusted profit before tax on continuing operations was 20% higher at £143m (2021: £118m).
Jon Stanton, chief executive said: “Momentum continued to build through the first half as we won record orders, executed strongly and made meaningful progress in delivering our technology and sustainability roadmaps which underpin our growth and long term strategy.”
7am: Dundee megafactory
Dundee has been chosen by AMTE Power as the site of a £190 million battery “megafactory” creating 215 on-site jobs. Full story here
Facebook falls
Facebook and Instagram’s parent Meta suffered a first ever dip in advertising as the US economy falters and competition intensified with rival social media network TikTok.
Meta saw profits fall 36% between April and June to $6.69bn from $10.39 billion a year ago. Revenue fell 1% to $28.82bn from $29.08bn a year earlier.
The results were in line with a broad decline in digital advertising reported. Google and YouTube owner Alphabet this week reported its slowest quarterly growth in two years.
Twitter also reported a fall in revenue, while Snap warned of “incredibly challenging” conditions after its weakest quarter ever, sending shares plunging 25%.
Meta chief executive Mark Zuckerberg said the firm would continue to invest, though at a slower pace than planned.
“We face a number of challenges in the near term, but the investments we’re making should give us…advantage over the long term,” he said.
Global markets – Fed raises rates
Wall Street leapt after the Federal Reserve raised interest rates by an expected 75 basis points for the second consecutive month in a row. Traders were buoyed by comments from Fed Chair Jerome Powell hinting that the central bank could slow the pace of rate hikes later this year.
The Dow Jones Industrial Average rose 1.7%, over 500 points, while the S&P 500 gained 2.9% and the tech-heavy Nasdaq Composite 4.3%.
James Athey, investment director at abrdn said: “The decision to hike 75bps is no surprise at all and as such the lack of any meaningful market reaction logically follows.
“Beyond that I’d think that chair Powell might have been hoping to get through the press conference without causing too many ructions in markets.
“However, investors are likely to latch onto the chair’s refusal to give any forward guidance and instead follow the ECB into a meeting by meeting stance as prima facie evidence that the deterioration in recent economic data is already testing the Fed’s resolve to keep pushing hard on the economic brake.
“Has he just taken the first step towards another Powell pivotal? A steeper yield curve, a weaker dollar and stronger risk assets are the obvious response to such an interpretation.
“The problem, of course, is that these very market moves act to further ease financial conditions at a time where inflation remains at a 40 year high. Not the result anyone in the Eccles building should have wanted to see.” | https://dailybusinessgroup.co.uk/2022/07/diageo-bt-barclays-centrica-shell-meta/ | 2022-07-28T10:59:15Z | https://dailybusinessgroup.co.uk/2022/07/diageo-bt-barclays-centrica-shell-meta/ | true | 2 |
Tania Leslau
Prince Harry's cousin Lady Amelia Windsor wowed in a vintage Hungarian top with stunning embroidered detail
Since it gripped the fashion sphere back in 2020, cottagecore has remained a key player among the plethora of current trends. Perhaps the most idyllic clothing craze of all - thanks to its dreamy colour palettes and penchant for florals, it's no surprise that fashionistas like Lady Amelia Windsor champion the pastoral trend.
READ: Lady Amelia Windsor is a sixties dream in crochet top and flared jeans
Lady Amelia took to social media to showcase a new vintage look, featuring a beautifully crafted artisan white blouse that boasted traditional Hungarian embroidery. She paired the rare item with some sand-toned jeans as she posed for a quick mirror selfie.
WATCH: Lady Amelia Windsor Style File
The socialite wore her blonde tresses down loose and opted for her signature fresh beauty glow.
SEE: Lady Amelia Windsor wears a divine tutu for Paris Dior show
She shared the image via her Instagram Stories, alongside the caption: "@muzungusisters hand embroidered top – top embroidered in Budapest by a third generation artisan practising traditional Hungarian 'Mayto' embroidery."
Lady Amelia looked radiant in the rare 70s piece
Thanks to brands such as Jacquemus, LoveShackFancy, For Love & Lemons, Batsheva and more, the prairie girl aesthetic has retained its popularity since it burst onto the fashion scene in true Midsommar style.
Love the society sweetheart's unique top? We sourced a delicate alternative from Etsy – a true vintage piece from the 1970s. This sweet embroidered folk peasant blouse with floral embroidery showcases elasticated puff sleeves and a popper at the neck – and will look perfect teamed with some casual blue jeans.
Vintage Embroidered Folk Peasant Blouse, £45, Etsy
Why not also try this second-hand 1980s floral piece from Rokit Vintage?
1980s Embroidered Peasant Blouse, £23, Rokit Vintage
Lady Amelia is a firm supporter of local brands and slow fashion - and recently sported a knitted strappy top by sustainable brand Chaos and Colour. The 'Himalayan Knit' comes in shades of apricot and raspberry crafted from natural dyes and nomadic, handspun lambswool and boasts a classic cami silhouette.
SEE: Lady Marina Windsor stuns in striking dress for rare appearance
The royal completed her sunny sixties-inspired look with a pair of mid-blue wash flared jeans featuring a raw hem and high-waisted fit
HELLO!'s selection is editorial and independently chosen – we only feature items our editors love and approve of. HELLO! may collect a share of sales or other compensation from the links on this page. To find out more visit our FAQ page. | https://www.hellomagazine.com/fashion/hfm/20220728146664/prince-harry-cousin-lady-amelia-windsor-hungarian-top/ | 2022-07-28T11:04:15Z | https://www.hellomagazine.com/fashion/hfm/20220728146664/prince-harry-cousin-lady-amelia-windsor-hungarian-top/ | false | 1 |
A reconstruction project by the Union Pacific Railroad will close Illinois Route 120 in McHenry from Crystal Lake Road and Borden Street for two weeks beginning Monday, August 1, officials announced.
Local traffic will be rerouted during the repairs, and police will monitor traffic during the construction project, according to an announcement from the McHenry Police Department.
A Union Pacific official said the upgrade is part of a regular maintenance program and not because of any complaints about the crossing.
Union Pacific continuously inspects, monitors and upgrades its track system, including crossings, Robynn Tysver, a communications manager with the railroad company, said in an email.
The McHenry Township Fire Protection District said its computer-aided dispatch system map automatically rerouted calls based on the road closure.
Deputy Chief Steve Spraker said he did not expect any major disruptions, and the department would dispatch the closest equipment to the emergency.
The Illinois Department of Transportation approved Union Pacific’s detour , which will route commercial, nonlocal traffic to Richmond Road, Illinois Route 173 and Greenwood Road, police said.
Barricade mounted signs marking the road’s closure ahead will be located at Route 120 and Front and Elm streets and will read: “Road Closed at Railroad Crossing – Local Traffic Only.”
Signage warning residents of the closure was put in place this week.
Local and area residents and local commercial traffic are encouraged to plan new east and west travel routes through McHenry during the construction.
Suggested routes for local traffic include Charles Miller Road, Bull Valley Road, Crystal Lake Road, Lillian Street, Curran Road, Ringwood Road, Richmond Road and McCullom Lake Road.
Union Pacific expects the reconstruction to be finished by 5 p.m. Saturday, Aug. 13. | https://www.shawlocal.com/northwest-herald/news/2022/07/28/route-120-in-mchenry-to-close-at-rail-crossing-aug-1/ | 2022-07-28T11:04:43Z | https://www.shawlocal.com/northwest-herald/news/2022/07/28/route-120-in-mchenry-to-close-at-rail-crossing-aug-1/ | true | 1 |
Four-time world champion Vettel to retire from F1
Issued on: Modified:
Hungaroring (Hungary) (AFP) – Four-time Formula One world champion Sebastian Vettel will retire at the end of the 2022 season, he announced on Thursday.
The 35-year-old German, who currently drives for Aston Martin, won four successive titles from 2010 to 2013 with Red Bull.
His 53 Grand Prix victories place him third on the all-time list behind Lewis Hamilton (103) and Michael Schumacher (91).
"The decision to retire has been a difficult one for me to take, and I have spent a lot of time thinking about it," Vettel said in a team statement.
"At the end of the year I want to take some more time to reflect on what I will focus on next; it is very clear to me that, being a father, I want to spend more time with my family. But today is not about saying goodbye.
"Rather, it is about saying thank you - to everyone - not least to the fans, without whose passionate support Formula One could not exist."
Vettel joined Aston Martin last season after six years at Ferrari, with whom he twice finished runner-up for the world title to Hamilton in 2017 and 2018.
He came 12th in 2021 with his new team after achieving just one podium finish. Vettel is 14th in the standings this season.
© 2022 AFP | https://www.rfi.fr/en/sports/20220728-four-time-world-champion-vettel-to-retire-from-f1 | 2022-07-28T11:05:36Z | https://www.rfi.fr/en/sports/20220728-four-time-world-champion-vettel-to-retire-from-f1 | false | 5 |
UK ad spend hit a record high in the first quarter of this year but growth is expected to slow this year and then go into reverse next year once inflation is taken into account.
UK ad spend saw a year-on-year rise of 28.3% in the first three months of 2022, reaching a total of £8.6bn according to the latest quarterly figures from Advertising Association and marketing agency WARC.
All media recovered compared to the first three months of 2021, when the country was still in a national lockdown, and forecasts for the quarter were exceeded.
The strong Q1 has led to the 2022 forecast being increased to 10.9% growth and a forecasted total of £35.4bn. However, when accounting for increasing inflation across sectors, growth is forecasted at 1.8% this year compared to pre-Covid average growth of 2.6%.
James McDonald, director of data, intelligence and forecasting at WARC, said this means “the market is now set to contract in 2023 after accounting for these ongoing inflationary pressures”.
Ad spend is expected to continue growing by 4.4% in 2023 bringing the total forecasted value to £37bn. AA/WARC downgraded its previous forecast from April, when it thought 2023 ad spend would grow by 5.4%. Adjusted for inflation, this equates to a 0.9% contraction.
Online advertising has seen continued growth and is forecasted to account for 74.3% of all ad spend this year, up from 73.5% in 2021.
In Q1 the year-on-year growth of publishing and news media segments slowed compared to the final quarter of 2021. For example, national newsbrands saw annual growth of 15.9% in Q1 compared to 16.6% in Q4 2021, while online-only growth fell from 20.4% to 18.8%.
At regional newsbrands, growth grew from 11.6% to 22.2% in Q1 although they saw a big boost in print in particular as online-only growth fell from 36.6% to 25.8%.
Search, which is dominated by Google, grew by 29.9% compared to 32.4% in Q4. Online classified revenue, which includes digital revenues for newsbrands, magazine brands, broadcaster VOD and radio station websites, also grew by 29.9% in Q1.
The fastest growing sector was out of home advertising (such as billboards and advertising in public transport), which grew by 146.2% year-on-year in comparison to the start of 2021 when a strict lockdown was in place.
Stephen Woodford, chief executive of Advertising Association, said: “It is encouraging to see growth in our industry over Q1, as the economy continues its recovery year-on-year following last year's Covid-19 lockdown.”
McDonald added: “The UK’s ad market is currently experiencing a soft landing from the turmoil caused by the Covid outbreak, with early budget commitments translating into a strong start to the year for the industry – all media recorded growth in the first quarter.
“As predicted, however, inflation is now starting to bite; its impact on the consumer is well documented, but the rising cost of servicing government debt leaves the incoming prime minister with less fiscal flex for stimulating flatlining economic activity. For advertisers, higher costs will carve into margins."
Picture: Getty Images | https://pressgazette.co.uk/uk-ad-spend-saw-record-growth-in-first-quarter-of-2022/ | 2022-07-28T11:09:19Z | https://pressgazette.co.uk/uk-ad-spend-saw-record-growth-in-first-quarter-of-2022/ | false | 1 |
Valero Q2 profit skyrockets on strong refining margins
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July 28 (Reuters) - Refiner Valero Energy Corp (VLO.N) reported a jump in second-quarter profit on Thursday, boosted by higher demand for fuel and refined products.
Tightened crude oil supplies - due to sanctions on major supplier Russia following its invasion of Ukraine - at a time when global fuel demand is soaring, nearly touching pre-pandemic levels, has boosted margins for gasoline and diesel.
Valero, the first major U.S. refiner to post quarterly results, said refining margin in the quarter rose to $8.09 billion from $2.05 billion a year earlier.
Net income attributable to the company's stockholders came in at $4.7 billion, or $11.57 per share, for the three months ended June, compared with $162 million, or 39 cents per share, a year earlier.
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Our Standards: The Thomson Reuters Trust Principles. | https://www.reuters.com/business/energy/valero-kicks-off-us-refinery-results-with-q2-profit-jump-2022-07-28/ | 2022-07-28T11:09:39Z | https://www.reuters.com/business/energy/valero-kicks-off-us-refinery-results-with-q2-profit-jump-2022-07-28/ | true | 1 |
Money raised from posthumous exhibition of Romford artist's work to go to local museum and hospice
- Credit: Mary Bryan
Proceeds from a posthumous exhibition of a Romford artist's work will go towards a local museum and hospice, the man’s widow has confirmed.
Robert Bryan, a beloved local artist who sadly passed away in April at the age of 72, had worked with clients such as Disney and NatWest at his creative studio, though latterly focussed on paintings and illustrations.
His most recent exhibition Diversity was hosted by Havering Museum and, as the name suggests, covered a variety of subjects.
Bob’s widow, Mary Bryan, 85, has now told this paper that, as per Bob’s wishes, the money raised will be divided between Havering Museum, which will receive £500, and Saint Francis Hospice, which will be given £1,000.
On why her late husband wanted to divide the money this way, Mary said: “Because the Havering Museum has put several exhibitions up of the maritime art and because he was also interested in local history.
"He really wanted to thank the museum.”
She added that, while he did not move into the hospice, he recognised the work they do as “so important”, and always wanted to show his support.
“It was Bob’s wishes they go to charity.” | https://www.romfordrecorder.co.uk/news/romford-artist-exhibition-proceeds-havering-museum-hospice-9173460 | 2022-07-28T11:10:41Z | https://www.romfordrecorder.co.uk/news/romford-artist-exhibition-proceeds-havering-museum-hospice-9173460 | true | 1 |
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Nigerian Amusan gets world record on wild night in hurdles
EUGENE, Ore. — (AP) — First she set the record. Then she won the medal.
Even if the order was awkward, Sunday night at world championships was beautiful for Nigerian hurdler Tobi Amusan.
She won the 100-meter hurdles title about 90 minutes after she opened the final session of the championships by breaking the world record in her semifinal heat with a time of 12.12 seconds.
“When I watched the record, I was like ‘Whoa, who did that?’” Amusan said of her reaction upon seeing her time pop up on the scoreboard.
It was a strange sequence of events for the 25-year-old, who finished fourth at the Tokyo Games last year and fourth at the last world championships in 2019, and now has a place in history as a champion, record-holder and main character in a most unusual night.
The mark surpassed the six-year-old record held by American Keni Harrison by .08.
"Unbelievable," said Switzerland's Noemi Zbaren, who watched the record while she was waiting for her own semifinal. "I had goosebumps when I saw it in the call room.”
Back on the track for the final, Amusan won the gold medal in an even faster time — 12.06 seconds, but the wind was too strong, so that didn't go down as yet another record.
For the earlier race, she received a $100,000 bonus for setting the mark at worlds.
It's rare, but not unheard of, for a track athlete to set a record before the biggest race. Florence Griffith-Joyner ran her still-standing record 10.49 in the 100 meters in a prelim at the 1988 Olympic trials.
“I believe in my abilities but I was not expecting a world record at these championships,” Amusan said. “The goal is always just to execute well and get the win.”
Amusan went to college at Texas El-Paso. A person familiar with her career told The Associated Press she had been training partners with another Nigerian UTEP alum, Blessing Okagbare.
Okagbare is currently serving an 11-year ban for multiple doping violations, stemming from a federal investigation into an El Paso doctor who is accused of distributing human-growth hormone and other banned substances.
The person providing the information to the AP spoke on condition of anonymity because Amusan is not connected to that case.
After her history-making night, there was nothing but appreciation for the new record holder and new world champion.
“I know what Tobi has gone through over the years. She’s been fourth twice,” said Jamaica’s Danielle Williams. “I know it’s not an easy position. She’s been close to throwing (in) the towel. To see her come out here and do this right now, it’s amazing.”
___
More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://www.newsbreak.com/news/2679167485738/nigerian-amusan-gets-world-record-on-wild-night-in-hurdles | 2022-07-28T11:16:12Z | https://www.newsbreak.com/news/2679167485738/nigerian-amusan-gets-world-record-on-wild-night-in-hurdles | true | 32 |
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COLUMBIA, S.C. (AP) — Turning around South Carolina’s chronically dangerous juvenile prisons is now the job of a prosecutor who sent some of those children to jail.
Department of Juvenile Justice Director Eden Hendrick is leading the troubled agency after two of her predecessors resigned following state audits that found major faults, from a “useless and ineffective” in-house police force to an inability to keep children safe.
“We’ve been fighting this battle for a long time,” Hendrick said in an interview with The Associated Press. “I’m very hopeful that now that it’s actually getting some traction, and that we’ll be able to actually start to provide these youths the real services that they need.”
Horrors detailed in testimony to lawmakers and investigators include holding kids in solitary confinement in small concrete cells for months on end and scores of violent attacks by peers and guards. Staffers have hogtied, choked, slapped and even bitten children in their care, the U.S. Justice Department’s Civil Rights Division found.
Hendrick was confirmed in May shortly before the agency agreed to sweeping reforms at the main juvenile prison. Fixes include installing a modern surveillance system, revising use of force rules, reducing solitary confinement and making sure kids get physical and recreational activity.
Hendrick, who took over as interim director in September, is asking for time, to change both the prisons and the culture of an agency whose employees often feel forgotten and unappreciated.
Reform advocates want to give Hendrick a chance, but meanwhile sued the state over the scope of the settlement, demanding a complete overhaul that includes four other facilities.
Hendrix said the surveillance system upgrade lawmakers funded two years ago is nearly finished and will ensure there is no place cameras can't monitor, eliminating blind spots where juveniles and staff know an assault won't be recorded.
Hendrick also got $20 million this month for one of her top priorities — building a separate 20-bed treatment facility for juveniles with serious mental illness. Such inmates get inadequate care at regular prisons, creating time-consuming and dangerous disruptions for staff and other juveniles.
The budget also includes $8 million for additional security, $1.6 million for raises and hiring bonuses and $1.5 million to upgrade the system for virtual prison visits.
Elsewhere, she's making do where she can — like installing microwaves so that staff can eat hot lunches while keeping an eye on their charges — and looking forward to being able to offer the salaries needed to hire more people.
South Carolina's juvenile prisons carry the legacy of more than a decade under federal oversight around 20 years ago. Judges were stunned that children were being treated like hardened criminals who can't be reformed if given counseling, drug treatment and education and work opportunities.
“Eden is new to her role, but this is a system, a department that has been in shambles and failing to abide by what the Constitution requires for decades. I’m not particularly amenable to the ‘trust us, we’re fixing it’ argument,” said Allen Chaney, an attorney with the ACLU of South Carolina.
The past two directors were forced out — Sylvia Murray in 2017 after failing to control gang-related riots, and Freddie Pough last year with lawmakers angry over an employee walkout.
“What our kids are interested in is things being better, not promises,” Chaney said.
Similar problems are evident across the country. In Texas, federal authorities recently began investigating five juvenile lockups, said Amy Borror, an expert in juvenile court systems at The Gault Center, a Washington, D.C.-based nonprofit.
“You can’t move quickly enough when children are being housed in these conditions,” Borror said. “We’re harming them every single day, we’re causing trauma, we're asking for more problems down the road.”
Extra money doesn't guarantee better results. Texas has spent 31% more on juvenile justice and South Carolina 27% more over the past decade, according to the Justice Policy Institute, which aims to make jailing children a last resort.
But spending can help: Georgia has spent 24% more, focusing on community programs instead of youth prisons, and has seen a 20% drop in the number of juveniles in jail, according to the group's Sticker Shock report.
Advocates note that the abuse and neglect disproportionately impact Black children, who represent most of the South Carolina agency's charges.
In the ACLU lawsuit, one lawyer said current conditions are “eerily reminiscent” of what her clients on death row face, and what children experienced in the 1990s. The suit describes fights between entire wings of children, and juveniles fearing nighttime attacks if they take sleep medications.
One mother said her 14-year-old son was attacked dozens of times by other children and guards during his years in custody and was placed for his own protection in solitary confinement, where he struggled to get an education using occasional worksheets.
One guard held the boy down during an attack by youths. Children beat him with milk crates, locks and pipes yanked from the ceiling, the mother reported in court papers. Because of the pandemic, she could only see his injuries in video calls.
Nationwide, the number of children held in restrictive jail or prison-like settings has dropped significantly in the last two decades.
South Carolina isn’t following that trend.
A 2019 change raising the minimum age that teenagers could be tried as adults from 17 to 18 put more children into the juvenile system, and court shutdowns during the COVID-19 pandemic kept them there, according to Hendrick.
Legislation to decrease the number of incarcerated juveniles, establish diversion programs and a children’s Bill of Rights, limit probation terms and ban commitments for status offenses died after making it out of a Senate committee this spring.
Despite the setbacks, Alexsandra Chauhan, who shared courtrooms with Hendrick as a public defender, credits her for putting fewer children in isolation and more in therapy, along with the security camera overhaul.
“She’s been gaining my respect day by day. I truly see the changes she’s been implementing and I truly recognize the hardship of her job," said Chauhan, who works with juvenile defenders at the state’s Commission on Indigent Defense.
—-
Michelle Liu was a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow her at twitter.com/@mchelleliu | https://www.timesunion.com/news/article/New-South-Carolina-juvenile-justice-chief-pushes-17334408.php | 2022-07-28T11:18:43Z | https://www.timesunion.com/news/article/New-South-Carolina-juvenile-justice-chief-pushes-17334408.php | true | 45 |
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NAIROBI, Kenya (AP) — Africa still does not have a single dose of the monkeypox vaccine even though it’s the only continent to have documented deaths from the disease that’s newly declared a global emergency, its public health agency announced Thursday.
“Let us get vaccines onto the continent,” the acting head of the Africa Centers for Disease Control and Prevention, Ahmed Ogwell, said in a weekly media briefing. He described a situation where the African continent of 1.3 billion people is again being left behind in access to doses in an uncomfortable echo of the COVID-19 pandemic.
Less than a week ago, the World Health Organization declared monkeypox an “extraordinary” situation that qualifies as a global health emergency.
To date, more than 20,000 cases have been reported in 77 countries. More than 2,100 monkeypox cases have been recorded in 11 African countries and 75 people have died, the Africa CDC director said.
Although monkeypox has been established in parts of central and west Africa for decades, it was not known to spark large outbreaks beyond the continent or to spread widely among people until May, when authorities detected dozens of epidemics in Europe, North America and elsewhere.
Now the global race is on to obtain monkeypox vaccine doses. The European Commission, the European Union's executive arm, has secured the purchase of 160,000 doses of vaccines for the disease. On Wednesday, U.S. health regulators said nearly 800,000 doses of the monkeypox vaccine will soon be available for distribution after what they described as weeks of delays.
Such delays are far more pronounced on the African continent, where the painful disease has been endemic in some countries for years.
Ogwell said the Africa CDC has engaged with international partners in attempts to obtain vaccines, and while he said “good news” is expected in the coming days, “we cannot be able to give you a timeline.”
Even doses of the smallpox vaccine, which has shown effectiveness against monkeypox, are not available in Africa, Ogwell said.
“The solutions need to be global in nature,” he said, in a warning to the international community. “If we’re not safe, the rest of the world is not safe.”
The COVID-19 pandemic and the global hoarding of vaccine doses were a jolt to African leaders, who quickly joined together in an unprecedented effort to obtain doses and establish the production of more vaccines on the continent.
Now, to their dismay, the monkeypox outbreak is again showing how the world’s richer countries hurry to protect their own people first.
WHO has said it is creating a vaccine-sharing mechanism for protection against monkeypox, but the organization has released few details, so there’s no guarantee that African countries will get priority. No countries have yet agreed to share any vaccines with the WHO.
WHO officials have emphasized that monkeypox can infect anyone in close contact with a patient or their contaminated clothing or bedsheets. Researchers are still exploring how it spreads but believe it’s mainly through close, skin-to-skin contact and through contact with bedding and clothing that touched an infected person’s rash or body fluids.
In Africa, monkeypox mainly spreads to people by infected wild animals like rodents in limited outbreaks that typically have not crossed borders. In Europe, North America and elsewhere, however, monkeypox is spreading among people with no links to animals or recent travel to Africa.
In the U.S. and Europe, the vast majority of infections have happened in men who have sex with men, though health officials have stressed that anyone can contract the virus.
___
AP journalist Maria Cheng in London contributed. | https://www.theheraldreview.com/news/article/Africa-s-alone-in-monkeypox-deaths-but-has-no-17334507.php | 2022-07-28T11:19:33Z | https://www.theheraldreview.com/news/article/Africa-s-alone-in-monkeypox-deaths-but-has-no-17334507.php | false | 44 |
Clearstead Advisors LLC decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Rating) by 2.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,692 shares of the semiconductor manufacturer’s stock after selling 115 shares during the quarter. Clearstead Advisors LLC’s holdings in Advanced Micro Devices were worth $513,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. MBM Wealth Consultants LLC acquired a new position in Advanced Micro Devices in the fourth quarter valued at approximately $25,000. Cordasco Financial Network increased its position in shares of Advanced Micro Devices by 287.5% in the first quarter. Cordasco Financial Network now owns 279 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 207 shares in the last quarter. AlphaCentric Advisors LLC purchased a new stake in shares of Advanced Micro Devices in the fourth quarter valued at approximately $32,000. Delos Wealth Advisors LLC increased its position in shares of Advanced Micro Devices by 95.8% in the fourth quarter. Delos Wealth Advisors LLC now owns 235 shares of the semiconductor manufacturer’s stock valued at $34,000 after buying an additional 115 shares in the last quarter. Finally, JNBA Financial Advisors increased its position in shares of Advanced Micro Devices by 109.3% in the first quarter. JNBA Financial Advisors now owns 314 shares of the semiconductor manufacturer’s stock valued at $34,000 after buying an additional 164 shares in the last quarter. Institutional investors and hedge funds own 69.61% of the company’s stock.
Advanced Micro Devices Stock Up 5.4 %
Advanced Micro Devices stock opened at $89.82 on Thursday. Advanced Micro Devices, Inc. has a twelve month low of $71.60 and a twelve month high of $164.46. The stock has a 50 day moving average of $88.19 and a two-hundred day moving average of $102.03. The company has a current ratio of 2.40, a quick ratio of 1.96 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $145.55 billion, a price-to-earnings ratio of 33.39, a PEG ratio of 0.76 and a beta of 1.94.
Analysts Set New Price Targets
Several brokerages recently commented on AMD. Cowen dropped their price target on Advanced Micro Devices from $160.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, July 12th. cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Thursday, April 14th. Piper Sandler upgraded Advanced Micro Devices from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $98.00 to $140.00 in a research report on Tuesday, May 17th. Cowen dropped their price target on Advanced Micro Devices from $160.00 to $120.00 and set an “outperform” rating for the company in a research report on Tuesday, July 12th. Finally, Northland Securities upgraded Advanced Micro Devices from a “market perform” rating to an “outperform” rating and dropped their price target for the stock from $97.00 to $95.00 in a research report on Thursday, June 30th. Nine analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $127.41.
Insider Activity
In other news, EVP Paul Darren Grasby sold 32,694 shares of the firm’s stock in a transaction that occurred on Tuesday, July 12th. The stock was sold at an average price of $76.99, for a total value of $2,517,111.06. Following the completion of the sale, the executive vice president now directly owns 37,800 shares of the company’s stock, valued at approximately $2,910,222. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Advanced Micro Devices news, CFO Devinder Kumar sold 28,966 shares of the firm’s stock in a transaction on Wednesday, May 18th. The stock was sold at an average price of $100.00, for a total transaction of $2,896,600.00. Following the completion of the transaction, the chief financial officer now owns 524,370 shares of the company’s stock, valued at $52,437,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Paul Darren Grasby sold 32,694 shares of the firm’s stock in a transaction on Tuesday, July 12th. The stock was sold at an average price of $76.99, for a total value of $2,517,111.06. Following the transaction, the executive vice president now directly owns 37,800 shares of the company’s stock, valued at approximately $2,910,222. The disclosure for this sale can be found here. Insiders sold 81,660 shares of company stock valued at $7,462,511 in the last three months. 1.00% of the stock is currently owned by company insiders.
About Advanced Micro Devices
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles.
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CLEVELAND, July 28, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient"), a leading provider of specialized and sustainable solutions, today announced it has finalized the debt financing to fund its pending acquisition of DSM Protective Materials (including the Dyneema® brand) ("Dyneema"), which is expected to close on September 1, 2022.
The company has priced $725 million in aggregate principal amount of senior notes due 2030 (the "notes") in an offering exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). The notes will bear interest at an annual rate of 7.125% and will be issued at a price of 100% of their principal amount.
In conjunction with the notes offering, the company also priced a secured term loan due 2029 (the "term loan") for the remaining funds needed for the Dyneema acquisition. The term loan is expected to bear interest at an annual rate of SOFR plus 325 bps spread and is expected to be issued at an original issue discount of 97.
The company noted the all-in weighted average annual interest rate for the Dyneema acquisition financing is approximately 6.6%.
The closing of the notes offering and term loan are expected to occur in August 2022, subject to customary closing conditions.
About Avient
Avient Corporation (NYSE: AVNT), with 2021 revenues of $4.8 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Examples include:
- Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy
- Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint
- Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
Avient employs approximately 8,800 associates and is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®. For more information, visit www.avient.com/.
Forward-Looking Statements
In this press release, statements that are not reported financial results or other historical information are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales. Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks, including recessionary conditions; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows, including without limitation, any supply chain and logistics issues; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; any material adverse changes in the Dyneema Business; our ability to achieve the strategic and other objectives relating to the Acquisition, and the possible sale of the Distribution business segment; and other factors described in our Annual Report on Form 10-K for the year ended December 31, 2021 under Item 1A, "Risk Factors." The above list of factors is not exhaustive.
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
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SOURCE Avient Corporation | https://www.14news.com/prnewswire/2022/07/28/avient-announces-debt-financing-fund-acquisition-dsm-protective-materials/ | 2022-07-28T11:22:13Z | https://www.14news.com/prnewswire/2022/07/28/avient-announces-debt-financing-fund-acquisition-dsm-protective-materials/ | false | 27 |
CBIZ REPORTS SECOND-QUARTER AND FIRST-HALF 2022 RESULTS AND RAISES FULL-YEAR 2022 GUIDANCE
Published: Jul. 28, 2022 at 5:30 AM CDT|Updated: 53 minutes ago
SECOND-QUARTER HIGHLIGHTS:
- TOTAL REVENUE UP 29.9%; SAME-UNIT REVENUE UP 11.4%
- GAAP EPS UP 275.0%; ADJUSTED EPS UP 26.0%
- INCOME FROM CONTINUING OPERATIONS UP 262.9%; ADJUSTED EBITDA UP 29.9%
FIRST-HALF HIGHLIGHTS:
- TOTAL REVENUE UP 30.1%; SAME-UNIT REVENUE UP 10.5%
- GAAP EPS UP 56.0%; ADJUSTED EPS UP 26.6%
- INCOME FROM CONTINUING OPERATIONS UP 52.0%; ADJUSTED EBITDA UP 27.9%
CLEVELAND, July 28, 2022 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ", or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the second quarter ended June 30, 2022.
For the 2022 second quarter, CBIZ recorded revenue of $362.0 million, an increase of $83.3 million, or 29.9%, compared with $278.6 million reported for the same period in 2021. Acquired operations, net of divestitures, contributed $51.6 million, or 18.5%, to second-quarter 2022 revenue growth. Same-unit revenue increased by $31.7 million, or 11.4%, for the quarter, compared with the same period a year ago. Income from continuing operations was $31.3 million, or $0.60 per diluted share, compared with $8.6 million, or $0.16 per diluted share, for the same period a year ago.
Adjusted income from continuing operations was $32.6 million, or $0.63 per diluted share, compared with $27.1 million, or $0.50 per diluted share, for the same period a year ago. Adjusted EBITDA for the second quarter was $55.7 million, compared with $42.9 million for the same period in 2021.
For the six months ended June 30, 2022, CBIZ recorded revenue of $753.7 million, an increase of $174.3 million, or 30.1%, over the $579.4 million recorded for the same period in 2021. Acquisitions, net of divestitures, contributed $113.8 million, or 19.6%, to revenue growth in the six months ended June 30, 2022. Same-unit revenue increased by $60.5 million, or 10.5%, compared with the same period a year ago. Income from continuing operations was $89.4 million, or $1.70 per diluted share, for the six months ended June 30, 2022, compared with $58.8 million, or $1.09 per diluted share, for the same period a year ago.
Adjusted income from continuing operations was $95.2 million, or $1.81 per diluted share, for the six months ended June 30, 2022, compared with $77.1 million, or $1.43 per diluted share, for the same period a year ago. Adjusted EBITDA for the first half was $148.6 million, compared with $116.2 million for the same period in 2021.
In the second quarter of 2021, the Company recorded a non-recurring settlement charge of $30.5 million and a $6.4 million non-recurring gain on sale of operations. These items were eliminated to arrive at Adjusted earnings per diluted share for the second-quarter and first-half periods ended June 30, 2021. In 2022, the Company incurred non-recurring transaction and first-year integration expenses related to the Marks Paneth acquisition. These expenses were eliminated to report Adjusted earnings per diluted share for 2022. Schedules reconciling Adjusted income from continuing operations, Adjusted EPS and Adjusted EBITDA to the most directly comparable GAAP measures can be found in tables included in the release.
During the first half ended June 30, 2022, the Company repurchased approximately 884 thousand shares of its common stock on the open market. Between July 1, 2022, and July 27, 2022, the Company repurchased an additional 200 thousand shares. The balance outstanding on the Company's unsecured credit facility on June 30, 2022, was $266.0 million with $323.2 million of unused borrowing capacity.
Jerry Grisko, CBIZ President and Chief Executive Officer, said, "Our exceptional performance for the second quarter and first half of 2022 is a direct result of our long-term strategy and focus on organic growth, strategic acquisitions and investments that strengthen our business and position us for the future. We continue to see growth across every major service line due to the ongoing demand for both our essential, recurring services and our project-based advisory services. In addition, the performance of our recent acquisitions is also helping to bolster our strong results. Earlier this month, we were pleased to welcome our latest acquisition, Stinnett and Associates, a professional advisory firm with offices in Oklahoma, Texas and Colorado."
"As a result of our strong organic growth for the first half of the year combined with the performance of our recent acquisitions, we are raising our full-year 2022 guidance to reflect anticipated revenue growth between 23% and 25% and growth in Adjusted earnings per share between 25% and 27%," Grisko concluded.
2022 Outlook
- The Company increased its revenue growth expectations to within a range of 23% to 25% over the prior year, up from previous guidance of 19% to 21% in revenue growth.
- Although multiple factors may impact the tax rate, the Company expects an effective tax rate of approximately 25%.
- The Company expects a weighted average fully diluted share count of 52.5 million to 53.0 million shares.
- On a GAAP basis, the Company expects full-year fully diluted earnings per share from continuing operations to grow within a range of 45% to 48% per share, over the $1.32 per share reported in 2021, up from previous guidance of 43% to 46% per share.
- The Company expects Adjusted fully diluted earnings per share from continuing operations to grow within a range of 25% to 27% over the Adjusted $1.66 reported for 2021, up from previous guidance of a 20% to 22% increase per share. A schedule reconciling GAAP Diluted EPS to Non-GAAP Adjusted Diluted EPS is attached.
Conference Call
CBIZ will host a conference call at 11:00 a.m. (ET) today to discuss its results. The call will be webcast and an archived replay will be available at https://cbiz.gcs-web.com/investor-overview. Participants may register at https://dpregister.com/sreg/10169243/f3ae1c6ba2.
About CBIZ
CBIZ is a leading provider of financial, insurance and advisory services to businesses throughout the United States. Financial services include accounting, tax, government health care consulting, transaction advisory, risk advisory, and valuation services. Insurance services include employee benefits consulting, retirement plan consulting, property and casualty insurance, payroll, and human capital consulting. With more than 100 offices in 32 states, CBIZ is one of the largest accounting and insurance brokerage providers in the U.S. For more information, visit www.cbiz.com.
Forward-Looking Statements
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, but are not limited to, the impact of COVID-19 on the Company's business and operations and those of our clients; the Company's ability to adequately manage and sustain its growth; the Company's dependence on the current trend of outsourcing business services; the Company's dependence on the services of its CEO and other key employees; competitive pricing pressures; general business and economic conditions; and changes in governmental regulation and tax laws affecting the Company's insurance business or its business services operations. A more detailed description of such risks and uncertainties may be found in the Company's filings with the Securities and Exchange Commission at www.sec.gov.
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SOURCE CBIZ, Inc. | https://www.14news.com/prnewswire/2022/07/28/cbiz-reports-second-quarter-first-half-2022-results-raises-full-year-2022-guidance/ | 2022-07-28T11:23:08Z | https://www.14news.com/prnewswire/2022/07/28/cbiz-reports-second-quarter-first-half-2022-results-raises-full-year-2022-guidance/ | false | 10 |
ROSEVILLE, Minn., July 28, 2022 /PRNewswire/ -- Calyxt, Inc. (Nasdaq: CLXT), a plant-based synthetic biology company, today announced that Michael A. Carr, Chief Executive Officer, and Bill Koschak, Chief Financial Officer, will present at the Canaccord Genuity 42nd Annual Growth Conference taking place August 8-11, 2022.
The presentation details are as follows:
Date: Thursday, August 11, 2022
Presentation Time: 1:00 p.m. ET
Webcast: https://wsw.com/webcast/canaccord76/clxt/2481993
A webcast of the presentation will be available for viewing and replay on the Investors section of Calyxt's website at www.calyxt.com.
Management is also available for 1:1 meetings during the conference. Conference attendees should reach out to the event organizers or investors@calyxt.com to schedule.
About Calyxt:
Calyxt (Nasdaq: CLXT) is a plant-based synthetic biology company. The Company leverages its proprietary PlantSpring™ technology platform to engineer plant metabolism to produce innovative high value plant-based chemistries for use in customers' materials and products. As plant-based solutions, the Company's synthetic biology products can be used in helping customers meet their sustainability targets and financial goals. Calyxt's diversified offerings are primarily delivered through its proprietary BioFactory™ production system. For more information, visit www.calyxt.com.
PlantSpring, BioFactory, Plant Cell Matrix™, and the Calyxt logo are trademarks of Calyxt, Inc. Any other trademarks belong to their respective owners.
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SOURCE Calyxt, Inc. | https://www.wowt.com/prnewswire/2022/07/28/calyxt-present-canaccord-genuity-42nd-annual-growth-conference/ | 2022-07-28T11:23:54Z | https://www.wowt.com/prnewswire/2022/07/28/calyxt-present-canaccord-genuity-42nd-annual-growth-conference/ | false | 10 |
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WILLIS TOWERS WATSON PLC Changes to Beneficial Ownership: Qureshi Imran Ahmed (Head of North America) (Form4)
Accepted:
Form Type:
4
Accession Number:
0001127602-22-019471 | https://www.benzinga.com/secfilings/22/07/28123108/willis-towers-watson-plc-changes-to-beneficial-ownership-qureshi-imran-ahmed-head-of-north-america-f | 2022-07-28T11:25:11Z | https://www.benzinga.com/secfilings/22/07/28123108/willis-towers-watson-plc-changes-to-beneficial-ownership-qureshi-imran-ahmed-head-of-north-america-f | true | 254241 |
Tesco has launched three new delivery saver schemes to help shoppers save on money as prices continue to soar.
The schemes start at £2.49 per month, which the supermarkt says may be cheaper than the cost of petrol to go to their nearest store.
It comes as households across the UK look for ways to reduce their supermarket spend as much as possible amid the cost of living crisis.
What are the new delivery saver schemes?
Delivery memberships were available previously at Tesco but were forced to stop during the pandemic to give way to inviduals most at risk from Covid.
The new click-and-collect membership plan and two new delivery saver tiers aim to give customers more choice and flexibility when it comes to doing the weekly shop.
Customers can also convert their clubcard vouchers into cashback to use towards delivery.
The cheapest plan
The cheapest plan at Tesco starts at £2.49 a month.
Shoppers will be able to choose as and when they would like to collect their shop on orders over £25 with the Anytime Click+Collect plan.
Off Peak Delivery Plan
The next monthly tariff is £4.99 for the Off Peak Delivery Plan.
This includes a £25 minimum spend for click-and-collect and a £40 minimum basket price for home delivery.
However, shoppers will get the added flexibility of same day slots for click-and-collect and next day options for home delivery.
Anytime Delivery Plan
The Anytime Delivery Plan is priced at £7.99 a month.
The same minimum spends apply, with same day options for both click-and-collect and home delivery, but it also includes priority booking for slots over the festive period.
How can I use my Clubcard vouchers for delivery slots?
For every 50p in Clubcard vouchers, shoppers can redeem £1.50 in reward partner codes to use against the cost of any delivery plan. The codes must be applied before your plan renewal date.
If you choose a monthly payment plan, the value of your code will be evenly split between the months payable.
To convert your Clubcard points into delivery slots, follow these steps:
1. Before exchanging your vouchers, check the Delivery Saver website for the latest prices. Codes over £1.50 of your plan cost will not be accepted and there is no money back for overpayment using the code.
2. Select the amount of Clubcard vouchers you would like to exchange. You can top-up the price difference with another payment method on the Partner website.
3. When you have completed your order you will receive a confirmation email, and a second email containing your Partner code will arrive shortly after.
4. If you placed your order in the app your code will appear in the ‘My Rewards’ section within 15 minutes, and you will also receive the emails.
5. To redeem your code click the link in the email to the partner website and enter your code where asked. If you ordered in the app this link can be found in ‘How to redeem’ in the ‘My Rewards’ section.Some shoppers have already made the most of the new deal. One Clubcard member told the Tesco site:
"Excellent plan, shopping from home is great.
“Every delivery driver is a credit to Tesco, helpful, friendly and very polite.”
The member added: “Highly recommend Delivery Saver."
Another happy shopper said: "Six months free deliveries for just £16 - bargain!" | https://www.hucknalldispatch.co.uk/read-this/tesco-launches-delivery-saver-schemes-for-less-than-ps250-a-month-3785137 | 2022-07-28T11:25:54Z | https://www.hucknalldispatch.co.uk/read-this/tesco-launches-delivery-saver-schemes-for-less-than-ps250-a-month-3785137 | false | 20 |
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