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DALLAS, July 28, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its second quarter 2022 financial results:
- Strong quarterly net income of $760 million1
- Record quarterly net income, excluding special items2, of $825 million
- Record quarterly operating revenues of $6.7 billion
- Cash provided by operations of $1.9 billion
- Liquidity3 of $17.4 billion, well in excess of debt outstanding of $10.5 billion
Bob Jordan, Chief Executive Officer, stated, "We are very pleased to report all-time record quarterly revenues and net income, excluding special items, representing a significant milestone in our pandemic recovery. Travel demand surged in second quarter, and thus far, strong demand trends continue in third quarter 2022. As anticipated, we experienced inflationary pressures and headwinds from operating at suboptimal productivity levels in second quarter, which we expect will continue in second half 2022; however, our fuel hedge continues to provide significant protection against higher jet fuel prices. Barring significant unforeseen events and based on current trends, we expect to be solidly profitable for the remaining two quarters of this year, and for full year 2022.
"We are making meaningful progress against our 2022 priorities, and I am very proud of our People and their heroic efforts to fight against the pandemic. Since April, we have been delivering a more reliable product for our Customers with cancellations representing less than one percent of scheduled flights in May and June 2022, which is a completion factor of more than 99 percent. We have added flights in second half 2022—especially in short-haul business markets—to better support our operation and the restoration of our route network. We reached another milestone, returning to overall pre-pandemic staffing levels in May 2022. We plan to continue our hiring and training efforts in specific areas—in particular, Pilots—to support further network restoration and future growth with plans to add over 10,000 Employees, net of attrition, this year. However, we plan to begin moderating overall hiring in second half 2022 as our focus shifts to 2023 planning and executing on our goals to better optimize staffing to flight schedules, reduce cost inefficiencies, and return to historic efficiency levels.
"We are experiencing delays in our aircraft deliveries from The Boeing Company (Boeing), and we now estimate 2022 deliveries to be 66 versus the previously expected 114, ending the year with 765 aircraft. Despite those delays, we are confident about our ability to fly our flight schedules as planned, which are currently published through March 8, 2023. We continue to invest in technologies, airports, and facilities to further modernize our operation and allow us to scale for future growth.
"We are also investing in the Southwest Customer Experience, and I am thrilled about today's announcement introducing yet another exciting Customer benefit that sets Southwest even further apart from the competition: Flight credits don't expire4. We are famous for offering industry-leading flexibility for Customers, and it is a key differentiator of our brand. Based on research and feedback, we believe flexibility has become even more important to Customers over the past few years. This further extension of flexibility for our Customers reinforces Southwest as industry-leading and builds on our low-fare brand with no fees to change or cancel plans5; two bags fly free®6; Rapid Rewards® points that don't expire; and transferable flight credits7. With flight credits that don't expire and the addition of our new Wanna Get Away PlusTM fare product—along with recently announced investments to enhance WiFi, install latest-technology onboard power ports, offer larger overhead bins, and enable new self-service capabilities—we are making travel even easier. We believe we have the strongest route network and value proposition for Customers in the domestic U.S., and also believe this policy change will both win new Customers and increase Customer loyalty."
Guidance and Outlook:
The following tables introduce or update selected financial guidance for third quarter 2022 and full year 2022, as applicable:
Revenue Results and Outlook:
- Second quarter 2022 operating revenues were an all-time quarterly record $6.7 billion, increasing 13.9 percent compared with second quarter 2019—in line with the Company's previous guidance
- Second quarter 2022 operating revenues per available seat mile (RASM, or unit revenues) increased 22.0 percent driven primarily by a passenger yield increase of 18.4 percent, coupled with a load factor increase of 0.7 points, all compared with second quarter 2019
- Second quarter 2022 managed business revenues were down 24 percent compared with second quarter 2019—in line with the Company's previous guidance
- Successfully launched new Wanna Get Away Plus™ fare product in May 2022
The Company's revenue performance in second quarter 2022 was a quarterly record primarily due to a surge in leisure demand, especially in June, which resulted in strong passenger bookings, yields, and load factors. In addition, the Company's second quarter 2022 loyalty program revenue represented a quarterly record. June 2022 managed business revenues were down 19 percent, a sequential improvement compared with April and May 2022 managed business revenues, which were down 31 percent and 23 percent, respectively, all compared with their respective 2019 levels. While second quarter 2022 managed business revenues remained below 2019 levels, the Company was encouraged by the sequential improvement during the quarter, as well as managed business average fares that exceeded 2019 levels. June 2022 is estimated to represent a monthly peak for 2022 operating revenues based on first half 2022 results and current expectations for second half 2022.
Currently, the Company continues to experience strong passenger bookings, yields, and load factors. Leisure bookings remain strong and in line with seasonal expectations in third quarter 2022, including post-Labor Day. Based on bookings thus far, the Company's third quarter 2022 managed business revenues are currently estimated to be down in the range of 17 percent to 21 percent, compared with third quarter 2019. Although early in the booking curve, the Company is encouraged by current business bookings post-Labor Day and the expected sequential improvement from second quarter to third quarter 2022, of managed business revenues compared with the same periods in 2019. The Company increased short-haul trips in business markets in its third quarter 2022 published flight schedule, relative to first half 2022, in an effort to support both the reliability of its operational performance and expected business travel demand. Given the Company's estimate that managed business revenues will remain below 2019 levels in third quarter 2022, the increase in short-haul trips in business markets is estimated to be a two point sequential operating revenue growth headwind from second quarter to third quarter 2022, compared with their respective 2019 levels.
In accordance with applicable accounting guidance and the Company's revenue recognition policy, the amount of tickets that will expire unused, referred to as breakage, are estimated and recognized in Passenger revenue once the scheduled flight date has passed, in proportion to Customer behavior. Breakage estimates are based on historical experience over many years, and the Company has consistently applied this accounting method to estimate revenue from unused tickets at the date of scheduled travel. As a result of the COVID-19 pandemic, the Company had a significant amount of Customer flight credits that were set to expire on September 7, 2022. The Company's policy change to eliminate expiration dates on qualifying flight credits, in particular those that were set to expire on September 7, 2022, results in a shift in the timing of revenue recognition and an estimated negative impact to third quarter breakage revenue in the range of $250 million to $300 million, or a five point sequential operating revenue growth headwind from second quarter to third quarter 2022, compared with their respective 2019 levels. The Company does not anticipate a material impact from this policy change beyond third quarter 2022, and estimates that breakage as a percentage of revenue will normalize to pre-pandemic levels. The Company expects that this policy change, combined with its other attractive brand attributes, will contribute to an increase in Customer loyalty and new Customers.
Fuel Costs and Outlook:
- Second quarter 2022 fuel costs were $3.36 per gallon—in line with the Company's previous guidance—and included $0.05 per gallon in premium expense and $0.68 per gallon in favorable cash settlements from fuel derivative contracts
- Second quarter 2022 fuel efficiency improved 2.1 percent compared with second quarter 2019 due to more MAX aircraft, the Company's most fuel-efficient aircraft, as a percentage of the Company's fleet
- As of July 21, 2022, the fair market value of the Company's fuel derivative contracts settling in third quarter 2022 through the end of 2024 was an asset of $1.0 billion
The Company's multi-year fuel hedging program continues to provide insurance against spikes in energy prices and significantly offset the market price increase in jet fuel in second quarter 2022. The Company's current fuel derivative contracts contain a combination of instruments based in West Texas Intermediate, Brent crude oil, and refined products, such as heating oil. The economic fuel price per gallon sensitivities8 provided in the table below assume the relationship between Brent crude oil and refined products based on market prices as of July 21, 2022.
In addition, the Company is providing its maximum percentage of estimated fuel consumption10 covered by fuel derivative contracts in the following table:
Non-Fuel Costs and Outlook:
- Second quarter 2022 operating expenses of $5.6 billion increased 12.7 percent compared with second quarter 2019
- Second quarter 2022 operating expenses, excluding fuel and oil expense, special items, and profitsharing, increased 5.6 percent compared with second quarter 2019
- Second quarter 2022 operating expenses per available seat mile, excluding fuel and oil expense, special items, and profitsharing (CASM-X), increased 13.1 percent compared with second quarter 2019—favorable to the Company's previous guidance
- The Company accrued $81 million of profitsharing expense in second quarter 2022 bringing first half 2022 profitsharing expense to $118 million
The Company's second quarter 2022 CASM-X increase was primarily due to continued unit cost headwinds from operating at suboptimal productivity levels, inflation in labor rates and airport costs, and accruals for expected future contractual wage rate increases. However, the Company's second quarter 2022 CASM-X increase was lower than its previous guidance range primarily due to lower benefits costs, as well as the shifting of certain maintenance costs from second quarter to second half 2022.
The Company continues to experience cost inflation in third quarter 2022, in particular with higher rates for labor, benefits, and airports. The Company also expects cost headwinds from operating at suboptimal productivity levels as headcount is expected to increase in third quarter 2022 while capacity levels are expected to remain relatively in line with third quarter 2019. The Company has increased short-haul trips in second half 2022 in an effort to restore its route network and support the reliability of its operational performance, which results in a decrease to average stage length, and adds further unit cost headwinds. As a result of its successful hiring efforts and much improved operational reliability, the Company plans to begin moderating hiring where opportunities exist and intensify its focus on returning to historical efficiency levels.
Fleet and Capital Spending:
For first half 2022, the Company was scheduled to receive 28 -8 aircraft, of which only 12 were received, all during second quarter 2022. The Company ended second quarter 2022 with 730 aircraft, which reflects four owned -700 retirements. In addition, the Company had four -700 aircraft in storage as of June 30, 2022, all of which were subsequently retired from the Company's fleet in July 2022. While the Company is contractually scheduled to receive 114 MAX deliveries, including options, this year, a portion of its deliveries are expected to shift into 2023 due to Boeing's supply chain challenges and the current status of the -7 certification. Based on recent discussions with Boeing regarding the pace of expected deliveries for the remainder of this year, the Company is currently estimating it will receive a total of 66 -8 aircraft deliveries and no -7 deliveries in 2022.
Since the Company's previous disclosure on April 28, 2022, the Company exercised seven -8 options for delivery in 2022; exercised two -7 options for delivery in 2023; accelerated and exercised seven 2023 -8 options for delivery in 2022; and shifted seven 2022 MAX firm orders into 2023, which are reflected as -7 firm orders in the Company's updated order book. Additionally in July 2022, the Company converted 48 2023 -7 firm orders to -8 firm orders in 2023.
Based on these modifications and recent discussions with Boeing, the Company is currently assuming 23 and 31 -8 aircraft deliveries in third quarter and fourth quarter 2022, respectively. The Company plans to retire 12 and 7 -700 aircraft in third quarter and fourth quarter 2022, respectively. As a result, the Company expects to end third quarter with 741 aircraft and end 2022 with 765 aircraft, compared with its previous guidance of 814 aircraft. The Company now expects to retire 29 -700 aircraft in 2022, compared with its previous guidance of 28 -700 retirements this year.
The Company's second quarter 2022 capital expenditures were $987 million driven primarily by aircraft-related capital expenditures, as well as technology, facilities, and operational investments. The Company now estimates its 2022 capital spending to be approximately $4.0 billion, which assumes the exercise of its five remaining 2022 options, and a total of 66 -8 aircraft deliveries in 2022, compared with its previous 2022 capital spending guidance of approximately $5.0 billion which assumed the delivery of 114 MAX aircraft in 2022. The Company's 2022 capital spending guidance continues to include approximately $900 million in non-aircraft capital spending.
The following tables provide further information regarding the Company's contractual order book and compare its contractual order book as of July 28, 2022, with its previous order book as of April 28, 2022. Given current supply chain and aircraft delivery delays, the Company will continue working with Boeing on its order book with focus on 2022 and 2023.
Liquidity and Capital Deployment:
- The Company ended second quarter 2022 with $16.4 billion in cash and short-term investments and a fully available revolving credit line of $1.0 billion
- The Company had a net cash position11 of $5.9 billion, and adjusted debt12 to invested capital (leverage) of 53 percent as of June 30, 2022
- The Company paid $231 million during second quarter 2022 to retire debt and finance lease obligations, including the extinguishment of $138 million in principal of the Company's convertible notes for a cash payment of $178 million, the extinguishment of $30 million in principal of various unsecured notes for a cash payment of $31 million, as well as $22 million in scheduled debt payments
- The Company's 2022 total debt repayments is expected to be $820 million, compared with its previous guidance of $650 million, due to the unscheduled extinguishments noted above
- The Company recently extended the maturity of its revolving credit facility agreement two years to August 3, 2025
Awards and Recognitions:
- #1 Marketing Carrier in Customer Satisfaction per the U.S. Department of Transportation13
- Named Loyalty Program of the Year for Rapid Rewards Program and recognized for providing the Best Loyalty Credit Card by the 2022 Freddie Awards; Received the 2022 Freddie Awards title of Best Customer Service
- Named a Top 100 Company by BetterInvesting Magazine
- Awarded by Port of Seattle the "2022 Port of Seattle Sustainable Century Aviation Award" for the greatest airline use of ground power systems to reduce emissions, while docked at Seattle airport gates
Environmental, Social, and Governance (ESG):
- Published the Company's annual corporate social responsibility and environmental sustainability report—the Southwest Airlines One Report—a comprehensive, integrated report that includes information on the Company's Citizenship efforts and key topics including People, Performance, and Planet, along with reporting guided by the Global Reporting Initiatives (GRI) Standards, Sustainability Accounting Standards Board (SASB), and United Nations Sustainable Development Goals (UNSDG) frameworks.
- Published the Southwest Airlines Diversity, Equity, & Inclusion Report (DEI), a companion piece to the One Report. This comprehensive report is focused on the Company's current DEI priorities and path forward.
- Announced an investment into SAFFiRE Renewables, LLC (SAFFiRE), a company formed by D3MAX, LLC, as part of a Department of Energy (DOE) backed project to develop and produce scalable sustainable aviation fuel (SAF). Funded with a DOE grant matched by the Company's investment, SAFFiRE is expected to utilize technology developed by the DOE's National Renewable Energy Laboratory to convert corn stover, a widely available waste feedstock in the U.S., into renewable ethanol that then would be upgraded into SAF.
- Launched updated southwest.com/citizenship website pages that celebrate the Company's citizenship story and share details about its ongoing ESG efforts.
- In honor of Global Volunteer and Earth Month, Southwest Employees served over 7,100 volunteer hours during April 2022, sharing their love for the environment and their communities.
- Expanded the Company's Repurpose with Purpose program to include a new partner—the Tropical Agricultural and Higher Education Center (CATIE). CATIE aims to promote a route to achieve Inclusive Green Development, through the construction of human capital, and institutional strengthening for research, development, and external projection.
- Launched a one-of-a-kind Leadership book, "Leading with Heart: Living & Working the Southwest Way" to celebrate more than 50 years of putting People first.
Conference Call:
The Company will discuss its second quarter 2022 results on a conference call at 12:30 p.m. Eastern Time today. To listen to a live broadcast of the conference call, please go to https://www.southwestairlinesinvestorrelations.com.
Footnotes
Cautionary Statement Regarding Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Specific forward-looking statements include, without limitation, statements related to (i) the Company's financial and operational outlook, expectations, goals, plans, and projected results of operations, including factors and assumptions underlying the Company's expectations and projections; (ii) the Company's network plans and expectations and the associated expected operational benefits, including with respect to adding flights, future growth, and restoring its network, in particular with respect to short-haul business routes and stage length; (iii) the Company's priorities and expectations with respect to investments in the Company's operations and People, including the Company's hiring and training plans and associated goals with respect to operational reliability, efficiency, productivity, optimization, and stability; (iv) the Company's plans and expectations regarding its fleet and fleet delivery schedule, including factors and assumptions underlying the Company's plans and expectations; (v) the Company's plans and expectations with respect to capacity and capacity adjustments, including factors and assumptions underlying the Company's expectations and projections; (vi) the Company's expectations with respect to fuel costs, hedging gains, and fuel efficiency, and the Company's related management of risks associated with changing jet fuel prices, including factors underlying the Company's expectations; (vii) the Company's plans, estimates, and assumptions related to repayment of debt obligations, interest expense, effective tax rate, and capital spending, including factors and assumptions underlying the Company's expectations and projections; (viii) the Company's expectations regarding passenger demand, revenue trends, and bookings, including with respect to managed business revenues; (ix) the Company's expectations with respect to breakage revenues and breakage trends; (x) the Company's expectations with respect to its Flight credits policy change, including the expected impacts from the policy change and the benefits associated with the policy change, in particular the expected increase in Customer loyalty; and (xi) the Company's expectations regarding wage and other cost inflation, including the factors and assumptions underlying the Company's expectations and projections. These forward-looking statements are based on the Company's current estimates, intentions, beliefs, expectations, goals, strategies, and projections for the future and are not guarantees of future performance. Forward-looking statements involve risks, uncertainties, assumptions, and other factors that are difficult to predict and that could cause actual results to vary materially from those expressed in or indicated by them. Factors include, among others, (i) the impact of fears or actual outbreaks of other diseases, extreme or severe weather and natural disasters, actions of competitors (including, without limitation, pricing, scheduling, capacity, and network decisions, and consolidation and alliance activities), consumer perception, economic conditions, fears of terrorism or war, socio-demographic trends, and other factors beyond the Company's control, on consumer behavior and the Company's results of operations and business decisions, plans, strategies, and results; (ii) any negative developments related to the COVID-19 pandemic, including, for example, with respect to the duration, spread, severity, or any recurrence of the COVID-19 pandemic or any new variant strains of the underlying virus; the effectiveness, availability, and usage of COVID-19 vaccines; the impact of government mandates, directives, orders, regulations, and other governmental actions related to COVID-19 on the Company's business plans and its ability to retain key Employees; the extent of the impact of COVID-19 on overall demand for air travel and the Company's related business plans and decisions; and the impact of the COVID-19 pandemic on the Company's access to capital; (iii) the Company's dependence on its workforce, including its ability to employ sufficient numbers of qualified Employees to effectively and efficiently maintain its operations; (iv) the Company's dependence on Boeing with respect to the Company's fleet plans, deliveries, operations, strategies, and goals; (v) the impact of fuel price changes, fuel price volatility, volatility of commodities used by the Company for hedging jet fuel, and any changes to the Company's fuel hedging strategies and positions, on the Company's business plans and results of operations; (vi) the Company's ability to timely and effectively implement, transition, and maintain the necessary information technology systems and infrastructure to support its operations and initiatives; (vii) the impact of governmental regulations and other governmental actions on the Company's business plans and operations; (viii) the Company's dependence on Boeing and the Federal Aviation Administration with respect to the certification of the Boeing MAX 7 aircraft; (ix) the Company's dependence on other third parties, in particular with respect to its fuel supply and Global Distribution Systems, and the impact on the Company's operations and results of operations of any third party delays or non-performance; (x) the impact of labor matters on the Company's business decisions, plans, and strategies; and (xi) other factors, as described in the Company's filings with the Securities and Exchange Commission, including the detailed factors discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021.
NOTE REGARDING USE OF NON-GAAP FINANCIAL MEASURES
The Company's unaudited Condensed Consolidated Financial Statements are prepared in accordance with accounting principles generally accepted in the United States ("GAAP"). These GAAP financial statements may include (i) unrealized noncash adjustments and reclassifications, which can be significant, as a result of accounting requirements and elections made under accounting pronouncements relating to derivative instruments and hedging and (ii) other charges and benefits the Company believes are unusual and/or infrequent in nature and thus may make comparisons to its prior or future performance difficult.
As a result, the Company also provides financial information in this release that was not prepared in accordance with GAAP and should not be considered as an alternative to the information prepared in accordance with GAAP. The Company provides supplemental non-GAAP financial information (also referred to as "excluding special items"), including results that it refers to as "economic," which the Company's management utilizes to evaluate its ongoing financial performance and the Company believes provides additional insight to investors as supplemental information to its GAAP results. The non-GAAP measures provided that relate to the Company's performance on an economic fuel cost basis include Fuel and oil expense, non-GAAP; Total operating expenses, non-GAAP; Operating expenses, non-GAAP excluding Fuel and oil expense; Operating expenses, non-GAAP excluding Fuel and oil expense and profitsharing; Operating income (loss), non-GAAP; Other (gains) losses, net, non-GAAP; Income (loss) before income taxes, non-GAAP; Provision (benefit) for income taxes, net, non-GAAP; Net income (loss), non-GAAP; and Net income (loss) per share, diluted, non-GAAP. The Company's economic Fuel and oil expense results differ from GAAP results in that they only include the actual cash settlements from fuel hedge contracts - all reflected within Fuel and oil expense in the period of settlement. Thus, Fuel and oil expense on an economic basis has historically been utilized by the Company, as well as some of the other airlines that utilize fuel hedging, as it reflects the Company's actual net cash outlays for fuel during the applicable period, inclusive of settled fuel derivative contracts. Any net premium costs paid related to option contracts that are designated as hedges are reflected as a component of Fuel and oil expense, for both GAAP and non-GAAP (including economic) purposes in the period of contract settlement. The Company believes these economic results provide further insight into the impact of the Company's fuel hedges on its operating performance and liquidity since they exclude any unrealized, noncash adjustments and reclassifications that are recorded in GAAP results in accordance with accounting guidance relating to derivative instruments, and they reflect all cash settlements related to fuel derivative contracts within Fuel and oil expense. This enables the Company's management, as well as investors and analysts, to consistently assess the Company's operating performance on a year-over-year or quarter-over-quarter basis after considering all efforts in place to manage fuel expense. However, because these measures are not determined in accordance with GAAP, such measures are susceptible to varying calculations, and not all companies calculate the measures in the same manner. As a result, the aforementioned measures, as presented, may not be directly comparable to similarly titled measures presented by other companies.
Further information on (i) the Company's fuel hedging program, (ii) the requirements of accounting for derivative instruments, and (iii) the causes of hedge ineffectiveness and/or mark-to-market gains or losses from derivative instruments is included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021.
The Company's GAAP results in the applicable periods may include other charges or benefits that are also deemed "special items," that the Company believes make its results difficult to compare to prior periods, anticipated future periods, or industry trends. Financial measures identified as non-GAAP (or as excluding special items) have been adjusted to exclude special items. For the periods presented, in addition to the items discussed above, special items include:
- Proceeds related to the Payroll Support programs, which were used to pay a portion of Employee salaries, wages, and benefits;
- Charges and adjustments to previously accrued amounts related to the Company's extended leave programs;
- Adjustments for prior period losses reclassified from Accumulated other comprehensive income ("AOCI") associated with forward-starting interest rate swap agreements that were terminated in prior periods related to 12 -8 aircraft leases;
- Noncash impairment charges, primarily associated with adjustments to the salvage values for previously retired airframes;
- Unrealized mark-to-market adjustment associated with certain available for sale securities; and
- Losses associated with the partial extinguishment of the Company's convertible notes and early prepayment of debt.
Because management believes special items can distort the trends associated with the Company's ongoing performance as an airline, the Company believes that evaluation of its financial performance can be enhanced by a supplemental presentation of results that exclude the impact of special items in order to enhance consistency and comparativeness with results in prior periods that do not include such items and as a basis for evaluating operating results in future periods. The following measures are often provided, excluding special items, and utilized by the Company's management, analysts, and investors to enhance comparability of year-over-year results, as well as to industry trends: Fuel and oil expense, non-GAAP; Total operating expenses, non-GAAP; Operating expenses, non-GAAP excluding Fuel and oil expense; Operating expenses, non-GAAP excluding Fuel and oil expense and profitsharing; Operating income (loss), non-GAAP; Other (gains) losses, net, non-GAAP; Income (loss) before income taxes, non-GAAP; Provision (benefit) for income taxes, net, non-GAAP; Net income (loss), non-GAAP; and Net income (loss) per share, diluted, non-GAAP.
SW-QFS
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SOURCE Southwest Airlines Co. | https://www.ky3.com/prnewswire/2022/07/28/southwest-airlines-reports-second-quarter-2022-results/ | 2022-07-28T11:26:26Z | https://www.ky3.com/prnewswire/2022/07/28/southwest-airlines-reports-second-quarter-2022-results/ | true | 13 |
CAMBRIDGE, Mass. and SUZHOU, China, July 28, 2022 /PRNewswire/ -- Kira Pharmaceuticals, a global clinical-stage biotechnology company pioneering transformational complement therapies to treat immune-mediated diseases, today announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to KP104 for the treatment of Paroxysmal Nocturnal Hemoglobinuria (PNH).
PNH is a rare, life-threatening blood disease that arises due to hyperactivity of the complement system. An intricate constellation of protein pathways, the complement system is a key component of innate immunity. Aberrant activity within this system can be a driver of diseases such as autoimmune and inflammatory conditions. KP104 is a bifunctional, first-in-class biologic with a unique dual-approach mechanism of action. Designed to selectively block the alternative and terminal pathways, KP104 provides a powerful and synergistic method of targeting validated drivers of disease in the complement system. KP104 has also been engineered to have an extended half-life and potency, with a formulation that can be used for both IV and subcutaneous administration.
"Receiving Orphan Drug Designation is a key milestone for Kira, validating KP104's differentiated potential to provide a safe and effective treatment for PNH patients," said Frederick Beddingfield, MD, PhD, CEO at Kira Pharmaceuticals. "As a bifunctional complement therapy targeting both the alternative and terminal pathways, KP104 has the potential to treat complement-mediated diseases where single-target therapies are not adequate. As we enter Phase 2 across multiple indications, we look forward to continued clinical evaluation of KP104 for patients in need."
The FDA's Orphan Drug Designation program provides orphan status to drugs defined as those intended for the treatment, diagnosis, or prevention of rare diseases that affect fewer than 200,000 people in the United States.
KP104 has completed a Phase 1 first-in-human (FIH) study and is entering Phase 2 trials across multiple indications. The Phase 1 clinical trial was a randomized, double blind, placebo-controlled study designed to evaluate the safety, tolerability, pharmacokinetics (PK), and pharmacodynamics (PD) of escalating single and multiple doses of KP104 in healthy volunteers. Kira plans to present this Phase 1 data at a medical conference later this year.
About KP104
KP104 is a bifunctional, first-in-class biologic with a unique dual-approach mechanism of action. Designed to selectively block the alternative and terminal pathways, KP104 provides a powerful and synergistic method of targeting validated drivers of disease in the complement system. KP104 has also been engineered to have an extended half-life and potency and has a formulation suitable for both IV and subcutaneous administrations. KP104 is entering Phase 2 trials across multiple indications, including IgA nephropathy (IgAN), C3 Glomerulopathy (C3G), Thrombotic microangiopathies secondary to systemic lupus erythematosus (SLE-TMA) and Paroxysmal Nocturnal Hemoglobinuria (PNH). Phase 2 trials will be conducted globally including in the U.S., China, Australia, and South Korea.
About Paroxysmal Nocturnal Hemoglobinuria
Paroxysmal Nocturnal Hemoglobinuria (PNH) is a rare, life-threatening blood disease that arises due to hyperactivity of the complement system, part of the innate immune system. Characterized by the destruction of red blood cells, formation of blood clots, and impairment of bone marrow function, PNH affects between 1 and 5 people per million. Due to the complexity of complement biology and multiple pathways driving PNH pathology, there remains a significant unmet medical need for next-generation drugs with better efficacy and convenience of administration than offered by current therapies.
About Kira Pharmaceuticals
Kira Pharmaceuticals is a global clinical-stage biotechnology company pioneering transformational complement therapies to treat immune-mediated diseases. Enabled by its LOGIC platform, the company has developed a pipeline of nine (9) novel assets spanning targets across the complement cascade. Kira is committed to advancing life-changing therapies that will transform the lives of patients globally with complement-driven diseases. Kira Pharmaceuticals is headquartered in Cambridge, Massachusetts with additional offices in Suzhou and Shanghai, China. More information on Kira can be found at www.kirapharma.com and on LinkedIn.
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SOURCE Kira Pharmaceuticals | https://www.wowt.com/prnewswire/2022/07/28/kira-pharmaceuticals-receives-fda-orphan-drug-designation-kp104-bifunctional-antibody-fusion-protein-treatment-paroxysmal-nocturnal-hemoglobinuria/ | 2022-07-28T11:27:27Z | https://www.wowt.com/prnewswire/2022/07/28/kira-pharmaceuticals-receives-fda-orphan-drug-designation-kp104-bifunctional-antibody-fusion-protein-treatment-paroxysmal-nocturnal-hemoglobinuria/ | false | 11 |
By Nick Mashiter, PA
Lord Coe has revealed how close he came to landing Sir Alex Ferguson to manage Team GB at the London Olympics.
On the 10-year anniversary of the Games, July 27th, Coe has lifted the lid on his attempt to lure then Manchester United boss Ferguson in 2012.
The offer leaked, which ultimately ended any chance, and the job eventually went to Stuart Pearce.
Team GB were then knocked out by South Korea on penalties in the quarter-finals, but Coe felt he almost had his man for the Games.
He said: “We got very close. I came up with the idea because we were having a bit of fragility around our Celtic cousins. It suddenly occurred to me that the one unifying influence in all that would be having a not-necessarily-English coach.
“It was ostensibly an English team, there were a smattering of Welsh players but, effectively, it was an English side.
“I thought I can’t imagine any club that’s going to release professional players to an Olympic team having a problem of under-23 players have a four, five, six-week tutelage, a masterclass, from Alex Ferguson on the training ground.
“I didn’t speak to a soul about it, but I rang up Bob Charlton and said, ‘am I out to lunch here?’ He said, ‘no, I’ll tell Alex to give you a call’.
“Weeks went by. I was in a Tesco on a Friday night filling baskets full of food for my kids and I got a call. It was a no ID, and I was at the butter and fats counter, and he said, ‘Seb, it’s Alex here’.
“I threw a load of cash at one of my daughters to keep filling the trolley and said this is the stuff for a long conversation.
“I did explain what my theory was because Bob hadn’t actually told him, he’d just asked him to give me a call. So Alex rang and said, ‘oh, I thought you were looking for tickets,’
“I put him through the idea, and he said, ‘well, I don’t know.’ Then there was a gap, and then he went, ‘oh Jesus, I’m already picking the team in my head.’
“I said I’m not having another conversation with anyone. Just have a think about it, it’s only me. I didn’t mention it to a living soul.
“I went to the BBC review of the year and Alex was there to give Bobby Robson a lifetime achievement award. After the presentation, Bob and Alex were sitting where I was. I walked over to Bob and said, ‘congratulations, it couldn’t have gone to a nicer and better coach’.
“Alex looked at me and said, ‘the answer’s yes.’ We never said anymore other than that we’d speak. I don’t quite know how, but The Times ran the story.
“I’ve always laughed with Alex afterwards. I bump into him fairly regularly. He often wonders whether he missed out on a really good experience.
“The players would have benefited a lot from him.”
Coe remains proud of what London 2012 achieved, despite disappointment over the deal which saw West Ham take the tenancy of the Olympic Stadium, with the taxpayer footing the bill for it to be changed for Premier League football.
“We all came behind one single vision and one single goal. Maybe there’s a lesson currently to pull from that as well,” he said.
“I said at the closing ceremony there were some famous words which traditionally have a meaning, a quality mark which means skill and creativity, and we stamp those words on the Olympic and Paralympic Games: made in Britain.
“They were a Games made in Britain by people in Britain. That’s the thing I look back with most nostalgia about, that so many people came together from communities that maybe didn’t think they had much in common with each other.” | https://www.echolive.ie/nationalsport/arid-40928402.html | 2022-07-28T11:29:17Z | https://www.echolive.ie/nationalsport/arid-40928402.html | true | 14 |
I do not hear his shrieks of laughter
escaping from his room.
I don’t hear his hand beating time against the table.
I don’t hear the luff of his breath
as I stand beside him while he sleeps.
I don’t hear the fear in his voice
when he begs me, please mom, please.
I hear the rain on the rooftop,
a morse code of love I don’t know how to translate
except in shades of green.
I hear cars on the highway,
and remember life is moving.
I hear the whir of the hummingbird wings
and the black notes of crows
and the silence where the boy
no longer grows.
If you ask me do I hear his voice,
I would tell you no.
But that is only partly true.
I do not hear his voice in words.
I don’t hear it the way perhaps I wish to.
But I hear him inside me, not a whisper,
but a voice that sounds startlingly like my own,
a voice that sounds like rain on the roof,
like cars on the highway, like hummingbird wings,
like crows, like the silence
where my love for the boy still grows.
The Unheard
July 27, 2022 by Rosemerry
Posted in Uncategorized | Tagged death, grief, loss, love, mother, son | 1 Comment
One Response
-
It’s not with the ear, you hear. It’s with your heart. It’s with your body. It’s with the holes where he once vibrated. It’s with the void which forever wounds. It’s with the abyss of always-miss.
You hear him within the absent whole.
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what is what is a poet what is eternal what is living this life what is real what lingers whistling who am I who am i really whole wholeness why why we write why write poems widlflowers wikipedia wilderness wildfire wildflower wildflowers wild iris wildness Wild Rose wild roses Wilkinson Public Library willfulness William Carlos Williams william stafford willingness willow willows wind window wine wings winter winter solstice Wisconsin woods wisdom wish wishing with withdrawal wits end wizard of oz wolf woman women women's poetry women's spiritual poetry womenr wonder wool wordless words work workshop world worm worry wound wrestling Wrinkle in Time writer's block writing writing class writing retreat writing workshop Writing Workshops wrong turn wushdan wu wei x xerxes I yard Yeats yellow Yellowstone yes yield yielding yinnuwok legend yodel yoga you are my sunshine younger self youth yucca zen zero Zikr zoo zucchini | https://ahundredfallingveils.com/2022/07/27/the-unheard/ | 2022-07-28T11:30:02Z | https://ahundredfallingveils.com/2022/07/27/the-unheard/ | true | 144 |
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Generation Bio Co. Initial Statement of Beneficial Ownership: Appelhans Dannielle (Form3)
Accepted:
Form Type:
3
Accession Number:
0001415889-22-007752 | https://www.benzinga.com/secfilings/22/07/28123265/generation-bio-co-initial-statement-of-beneficial-ownership-appelhans-dannielle-form3 | 2022-07-28T11:30:42Z | https://www.benzinga.com/secfilings/22/07/28123265/generation-bio-co-initial-statement-of-beneficial-ownership-appelhans-dannielle-form3 | false | 254241 |
GUELPH, ON, July 28, 2022 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, August 18, 2022 at 8:00 a.m. U.S. Eastern Daylight Time (8:00 p.m., August 18, 2022 in Hong Kong) to discuss the Company's second quarter 2022 results and business outlook.
The dial-in phone number for the live audio call is +1-877-704-4453 (toll-free from the U.S.), 800-965-561 (toll-free from Hong Kong), 400-1202-840 (local dial-in from Mainland China) or +1-201-389-0920 from international locations. The conference ID is 13731878. A live webcast of the conference call will also be available on the investor relations section of Canadian Solar's website at www.canadiansolar.com.
A replay of the call will be available 2 hours after the conclusion of the call until 11:00 p.m. U.S. Eastern Daylight Time on Thursday, September 1, 2022 (11:00 a.m., September 2, 2022 in Hong Kong) and can be accessed by dialing +1-844-512-2921 (toll-free from the U.S.) or +1-412-317-6671 from international locations. The replay pin number is 13731878. A webcast replay will also be available on the investor relations section of Canadian Solar's at www.canadiansolar.com.
About Canadian Solar Inc.
Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 21 years, Canadian Solar has successfully delivered around 71 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built and connected over 6.6 GWp in over 20 countries across the world. Currently, the Company has around 800 MWp of solar projects in operation, 5.3 GWp of projects under construction or in backlog (late-stage), and an additional 18.5 GWp of projects in pipeline (mid- to early-stage). Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.
Safe Harbor/Forward-Looking Statements
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar and battery storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to the COVID-19 pandemic; supply chain disruptions; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets, such as Japan, the U.S., China, Brazil and India; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance ("ESG") requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; uncertainties related to the CSI Solar carve-out listing; litigation and other risks as described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 28, 2022. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.
Canadian Solar Inc. Investor Relations Contacts
Isabel Zhang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com
David Pasquale
Global IR Partners
Tel: +1-914-337-8801
csiq@globalirpartners.com
View original content:
SOURCE Canadian Solar Inc. | https://www.blackhillsfox.com/prnewswire/2022/07/28/canadian-solar-schedules-second-quarter-2022-earnings-conference-call-august-18/ | 2022-07-28T11:31:10Z | https://www.blackhillsfox.com/prnewswire/2022/07/28/canadian-solar-schedules-second-quarter-2022-earnings-conference-call-august-18/ | true | 13 |
Amazon Inc. is expected on Thursday to report a modest quarterly profit on a meager rise in sales, as the tech-and-retail company continues to work through the overhang from its breakneck growth during the pandemic.
Amazon’s core e-commerce business has been struggling with high costs and slowing growth in consumer demand as customers return to in-store shopping. The company is expected to say, when it reports earnings after markets close, that revenue in the second quarter rose 5.2% from a year earlier to $119 billion, while profit fell 83% to $1.3 billion, according to an average of analyst estimates on FactSet. | https://www.thehamdenjournal.com/world/amazon-is-expected-to-post-slim-profit-as-it-manages-slower-demand/277723/ | 2022-07-28T11:33:05Z | https://www.thehamdenjournal.com/world/amazon-is-expected-to-post-slim-profit-as-it-manages-slower-demand/277723/ | false | null |
As Oregon endures a heat wave, Gov. Kate Brown has declared an emergency in 25 of the state's counties. But getting relief to the people who need it most can be a challenge.
Copyright 2022 Oregon Public Broadcasting
As Oregon endures a heat wave, Gov. Kate Brown has declared an emergency in 25 of the state's counties. But getting relief to the people who need it most can be a challenge.
Copyright 2022 Oregon Public Broadcasting | https://www.kdll.org/2022-07-28/oregons-triple-digit-temps-are-especially-hard-on-those-living-on-the-streets | 2022-07-28T11:35:33Z | https://www.kdll.org/2022-07-28/oregons-triple-digit-temps-are-especially-hard-on-those-living-on-the-streets | true | null |
GUELPH, ON, July 28, 2022 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, August 18, 2022 at 8:00 a.m. U.S. Eastern Daylight Time (8:00 p.m., August 18, 2022 in Hong Kong) to discuss the Company's second quarter 2022 results and business outlook.
The dial-in phone number for the live audio call is +1-877-704-4453 (toll-free from the U.S.), 800-965-561 (toll-free from Hong Kong), 400-1202-840 (local dial-in from Mainland China) or +1-201-389-0920 from international locations. The conference ID is 13731878. A live webcast of the conference call will also be available on the investor relations section of Canadian Solar's website at www.canadiansolar.com.
A replay of the call will be available 2 hours after the conclusion of the call until 11:00 p.m. U.S. Eastern Daylight Time on Thursday, September 1, 2022 (11:00 a.m., September 2, 2022 in Hong Kong) and can be accessed by dialing +1-844-512-2921 (toll-free from the U.S.) or +1-412-317-6671 from international locations. The replay pin number is 13731878. A webcast replay will also be available on the investor relations section of Canadian Solar's at www.canadiansolar.com.
About Canadian Solar Inc.
Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 21 years, Canadian Solar has successfully delivered around 71 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built and connected over 6.6 GWp in over 20 countries across the world. Currently, the Company has around 800 MWp of solar projects in operation, 5.3 GWp of projects under construction or in backlog (late-stage), and an additional 18.5 GWp of projects in pipeline (mid- to early-stage). Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.
Safe Harbor/Forward-Looking Statements
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar and battery storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to the COVID-19 pandemic; supply chain disruptions; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets, such as Japan, the U.S., China, Brazil and India; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance ("ESG") requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; uncertainties related to the CSI Solar carve-out listing; litigation and other risks as described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 28, 2022. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.
Canadian Solar Inc. Investor Relations Contacts
Isabel Zhang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com
David Pasquale
Global IR Partners
Tel: +1-914-337-8801
csiq@globalirpartners.com
View original content:
SOURCE Canadian Solar Inc. | https://www.wave3.com/prnewswire/2022/07/28/canadian-solar-schedules-second-quarter-2022-earnings-conference-call-august-18/ | 2022-07-28T11:36:18Z | https://www.wave3.com/prnewswire/2022/07/28/canadian-solar-schedules-second-quarter-2022-earnings-conference-call-august-18/ | true | 13 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/chicago-bears/articles/40206175 | 2022-07-28T11:40:19Z | https://sportspyder.com/nfl/chicago-bears/articles/40206175 | true | null |
Cabinet approves $1.6-billion investment by BPCL subsidiary in Brazil
Updated on: 1 hours ago
Cabinet approves $1.6-billion investment by BPCL subsidiary in Brazil
Updated on: 1 hours ago
New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved an additional investment of $1.6 billion (about Rs 12,000 crore) by Bharat PetroResources (BPRL), a subsidiary of state-run Bharat Petroleum Corporation (BPCL), for the development of BM-SEAL-11 Concession Project in Brazil.
BPRL has 40 percent participating interest (PI) in this concession along with Petrobras, the National oil company of Brazil, as the operator with 60 cent Participating Interest, the Ministry of Petroleum and Natural Gas (MoPNG) said in a statement. The start of production from the BM-SEAL-11 project is expected from 2026-27, it added.
Strengthening energy security
On the rationale behind the investment, MoPNG said it will help strengthen India’s energy security. Besides, diversifying the country’s crude oil supply. “Indian oil companies have expressed interest in sourcing more crude oil from Brazil. Strengthening India’s foothold in Brazil, which will further open business avenues in neighboring Latin American countries. It will also strengthen the bilateral ties between the countries,” MoPNG said.
India-Brazil joint statement
In April this year, India and Brazil in a joint statement recognized the importance of robust investment in the Brazilian oil and gas sector by Indian companies and reaffirmed their commitment to safeguarding existing investments, while encouraging further bilateral investments. India also expressed interest in sourcing crude oil under long-term special contracts.
The joint statement was issued after a meeting between Brazil’s Minister of Mines and Energy Bento Albuquerque and India’s Minister of Petroleum & Natural Gas Hardeep Singh Puri. The Brazilian Minister was in India on an official trip between April 19-22. (With agency inputs)
Also read: Cabinet approves sale of stakes in BPCL, 4 other PSUs | https://www.etvbharat.com/english/national/bharat/cabinet-approves-1-dollars-dot-6-billion-investment-by-bpcl-subsidiary-in-brazil/na20220728153104987987156 | 2022-07-28T11:41:07Z | https://www.etvbharat.com/english/national/bharat/cabinet-approves-1-dollars-dot-6-billion-investment-by-bpcl-subsidiary-in-brazil/na20220728153104987987156 | false | 1 |
Stapleton welcomes home Coy Johnson, 2022 NHSRA World Champion Steer Wrestler
News 2 Today - Online auction to support Lincoln County 4-H Council. A recurring recording of News 2 Today from...
www.knopnews2.comNews 2 Today - Online auction to support Lincoln County 4-H Council. A recurring recording of News 2 Today from...
www.knopnews2.com | https://www.newsbreak.com/news/2679186995820/stapleton-welcomes-home-coy-johnson-2022-nhsra-world-champion-steer-wrestler | 2022-07-28T11:43:02Z | https://www.newsbreak.com/news/2679186995820/stapleton-welcomes-home-coy-johnson-2022-nhsra-world-champion-steer-wrestler | true | null |
JP Nadda to address BJP public meeting in Warangal on Aug 26
Published: Updated On - 03:07 PM, Thu - 28 July 22
Hyderabad: The Bharatiya Janata Party (BJP) is planning to organise a massive public meeting in Warangal on August 26 to mark the culmination of third phase of ‘Praja Sangrama Yatra’ to be undertaken by the party’s state president Bandi Sanjay Kumar.
The saffron party is looking to mobilise two lakh people for the massive public meeting which will be addressed by the party’s national president J.P. Nadda.
BJP’s state vice-president Manohar Reddy said on Thursday that mobilisation of people for the public meeting has been assigned to senior leaders.
Maharashtra’s Deputy Chief Minister Devendra Fadnavis will address a public meeting on August 2 at Yadadri to launch the third phase of the padyatra.
The party plans to mobilise one lakh people for this meeting.
The yatra will commence on August 2 at Sri Lakshmi Narasimha Swamy temple in Yadadri and conclude at Sri Bhadrakali temple Hanamkonda on August 26.
The yatra will cover 325 km in five districts — Yadadri-Bhuvanagiri, Nalgonda, Jangaon, Hamankonda and Warangal
BJP leaders said Sanjay will interact with people and hold meetings in three Parliamentary and a dozen Assembly constituencies in five districts.
Union Ministers and several Central leaders of BJP will attend the padyatra at various places.
Sanjay would address gatherings at 15 places. He would visit important places such as villages of Chakali Ilamma, Konda Laxman Bapuji, Telangana martyr Srikanth Chary and Killa Shapur of Sardar Papaiah Goud.
Sanjay completed the second phase of the yatra that had started from Jogulamba Shakti Peetam temple in Alampur, Gadwal on April 14. He started the first phase of the yatra from Sri Bhagya Lakshmi temple at the Charminar in August 2021.
During the two phases, he met thousands of people and listened to their grievances.
The BJP leader claimed that they brought people’s issues to the notice of the TRS government and took to the streets to get solutions to the issues.
During the first phase of padayatra, Sanjay covered 438 km in 36 days and addressed 35 public meetings. In the second phase, he covered 380 km.
On May 13, Union Home Minister Amit Shah had addressed the concluding meeting of the second phase at Tukkuguda near Hyderabad. | https://telanganatoday.com/jp-nadda-to-address-bjp-public-meeting-in-warangal-on-aug-26 | 2022-07-28T11:45:52Z | https://telanganatoday.com/jp-nadda-to-address-bjp-public-meeting-in-warangal-on-aug-26 | false | 3 |
As Oregon endures a heat wave, Gov. Kate Brown has declared an emergency in 25 of the state's counties. But getting relief to the people who need it most can be a challenge.
Copyright 2022 Oregon Public Broadcasting
As Oregon endures a heat wave, Gov. Kate Brown has declared an emergency in 25 of the state's counties. But getting relief to the people who need it most can be a challenge.
Copyright 2022 Oregon Public Broadcasting | https://www.keranews.org/2022-07-28/oregons-triple-digit-temps-are-especially-hard-on-those-living-on-the-streets | 2022-07-28T11:47:25Z | https://www.keranews.org/2022-07-28/oregons-triple-digit-temps-are-especially-hard-on-those-living-on-the-streets | true | null |
GUELPH, ON, July 28, 2022 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday, August 18, 2022 at 8:00 a.m. U.S. Eastern Daylight Time (8:00 p.m., August 18, 2022 in Hong Kong) to discuss the Company's second quarter 2022 results and business outlook.
The dial-in phone number for the live audio call is +1-877-704-4453 (toll-free from the U.S.), 800-965-561 (toll-free from Hong Kong), 400-1202-840 (local dial-in from Mainland China) or +1-201-389-0920 from international locations. The conference ID is 13731878. A live webcast of the conference call will also be available on the investor relations section of Canadian Solar's website at www.canadiansolar.com.
A replay of the call will be available 2 hours after the conclusion of the call until 11:00 p.m. U.S. Eastern Daylight Time on Thursday, September 1, 2022 (11:00 a.m., September 2, 2022 in Hong Kong) and can be accessed by dialing +1-844-512-2921 (toll-free from the U.S.) or +1-412-317-6671 from international locations. The replay pin number is 13731878. A webcast replay will also be available on the investor relations section of Canadian Solar's at www.canadiansolar.com.
About Canadian Solar Inc.
Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 21 years, Canadian Solar has successfully delivered around 71 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built and connected over 6.6 GWp in over 20 countries across the world. Currently, the Company has around 800 MWp of solar projects in operation, 5.3 GWp of projects under construction or in backlog (late-stage), and an additional 18.5 GWp of projects in pipeline (mid- to early-stage). Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.
Safe Harbor/Forward-Looking Statements
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar and battery storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to the COVID-19 pandemic; supply chain disruptions; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets, such as Japan, the U.S., China, Brazil and India; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance ("ESG") requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; uncertainties related to the CSI Solar carve-out listing; litigation and other risks as described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 28, 2022. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.
Canadian Solar Inc. Investor Relations Contacts
Isabel Zhang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com
David Pasquale
Global IR Partners
Tel: +1-914-337-8801
csiq@globalirpartners.com
View original content:
SOURCE Canadian Solar Inc. | https://www.kwqc.com/prnewswire/2022/07/28/canadian-solar-schedules-second-quarter-2022-earnings-conference-call-august-18/ | 2022-07-28T11:47:35Z | https://www.kwqc.com/prnewswire/2022/07/28/canadian-solar-schedules-second-quarter-2022-earnings-conference-call-august-18/ | false | 13 |
2022/07/28 | 12:56 - Source: Shafaq News
(ThisDay | Iraq News Now)- US pledges commitment to the security of the Kurdistan region - This title does not contain text at the moment it was published here.
you can find the all text in Shafaq News site.
you can find the all text in Shafaq News site. | https://english.hathalyoum.net/articles/72472-pledges-commitment-the-security-the-kurdistan-region- | 2022-07-28T11:48:24Z | https://english.hathalyoum.net/articles/72472-pledges-commitment-the-security-the-kurdistan-region- | false | null |
Member-elect for Moresby South, Justin Tkatchenko, says he's humbled and overwhelmed by the huge support shown by the people in the electorate to return him back into Parliament this year.
Mr Tkatchenko, a Social Democratic Party candidate, promised to serve the electorate and bring bigger and better services to the electorate than ever before.
Social Democratic Party Leader and National Capital District Governor, Powes Parkop, and PANGU Party Leader James Marape, were also at hand to witness the official declaration.
Moresby South is the first electorate in the National Capital District to declare a winner.
Mr. Tkatchenko's declaration now brings to two SDP Members, after the declaration of Central Bougainville's Simon Dumarinu on Wednesday.
Source: NBC News/One PNG News
Next: PNG Elections: Sir Peter Ipatas retains Enga Regional seat | https://www.onepng.com/2022/07/png-elections-tkatchenko-retains.html | 2022-07-28T11:48:43Z | https://www.onepng.com/2022/07/png-elections-tkatchenko-retains.html | true | null |
Hangar, An Investment Firm Founded by Silicon Valley and Washington Veterans, Builds Companies that Deliver Scalable Data and AI Based Solutions for Public Sector Customers
Columbia, SC Mayor Steve Benjamin, Matt Lira, Former White House Office of American Innovation Official, Tech:NYC Founder Julie Samuels, and Karen Blakistone to Join As Partners
Hangar Founders: With Tech and Crypto Markets Tight, Hangar Drives Growth by Building on Historic Federal Government Investment in Tech and Software Solutions
NEW YORK, July 28, 2022 /PRNewswire/ -- Hangar, a leader in building companies focused on delivering tech and data-based solutions for public sector customers and then scaling them, today announced a significant expansion with new hires coming out of tech, policy and politics to ramp up the firm's public-sector focused investing and growth strategy. Founded in 2015 by Silicon Valley and Washington veterans Josh Mendelsohn and Mike Ference, Hangar is uniquely positioned to spot opportunities where the government is committing resources to invest in tech, leverage political expertise to access them, and then create additional public sector and commercial opportunities.
The company, backed by Mike Bloomberg, Tom Secunda, Ron Conway and the Kresge Foundation, among others, is closing out a $30 million raise to take advantage of the historic ramp-up in government spending, to be followed by a larger fund expected to launch in 2023.
As part of the firm's strategic expansion, the company is adding to its leadership team with new a slate of partners and executive leadership appointments, building on its already deep and diverse team of bi-partisan political leaders, investors and technologists focused on helping build a better world.
Mayor Steve Benjamin, Partner -- Mayor Benjamin was first elected mayor of Columbia in 2010. He served as President of the U.S. Conference of Mayors from 2018-2019 and as President of the African American Mayors Association from 2015-2016 He has also been Executive Chairman of Municipal Bonds for America, a member of the Federal Communications Commission's Intergovernmental Advisory Committee, and a member of the Accelerator for America Advisory Council. As mayor, Benjamin has focused on economic development, job creation and maintaining a just, diverse, and trusted law enforcement department in Columbia.
Matt Lira, Partner – Mathew Lira served as the Special Assistant to the President for Innovation Policy and Initiatives at the White House Office of American Innovation during the Trump Administration, where he worked to coordinate priority policy initiatives for the office. Throughout his career, Matt's work has placed him at the cross-section of politics, government and the emerging digital economy. Prior to his time at the White House, Matt spent over a decade on Capitol Hill working on the senior congressional Leadership staff, serving as a Senior Advisor to then-House Majority Leader Kevin McCarthy and former House Majority Leader Eric Cantor. During the 2014 election cycle, Matt served as the Deputy Executive Director of the National Republican Senatorial Committee. In 2015, Matt served as an Institute of Politics Fellow at the Harvard Kennedy School, focusing on the political and policy impacts of the digital economy.
Julie Samuels, Partner -- Julie Samuels is the founder and was the first executive director of Tech:NYC. Before that she was Executive Director at Engine, a nationwide nonprofit focused on technology entrepreneurship and advocacy, where she remains a member of the Board. She is a frequent commentator on technology and policy issues for national media and has filed briefs with the Supreme Court and testified before Congressional Committees. Earlier in her career, Julie worked at the Electronic Frontier Foundation (EFF), where she was a senior staff attorney and the Mark Cuban Chair to Eliminate Stupid Patents. Julie earned her J.D. from Vanderbilt University and her B.S. in journalism from the University of Illinois at Urbana-Champaign.
Karen Blakistone, General Counsel and Partner-- Karen serves as Hangar's General Counsel and is an investment lead on crypto-specific efforts. She brings decades of legal experiences at the intersection of technology, business, and public policy and has advised emerging technology companies in highly regulated sectors on a wide range of issues from organizational structure and operational risks to strategic planning for high-stakes engagement with policy-maker. Before joining Hangar, Karen was one of the first regulatory and compliance attorneys in Washington with crypto-specific experience including representing The Blockchain Association, Filecoin Foundation, and other market-shaping crypto projects. Karen previously served as a partner at the Gober Group, where she represented some of Washington's most influential causes and organizations. Karen is a graduate of St. Mary's College of Maryland and the Georgetown University Law Center.
"Regardless of the current challenges and constraints on public and private markets, consumer spending, and future macroeconomic growth, the federal government's investment in climate and tech innovation remains untouched and at an all-time high. Our strategic expansion is focused on continuing to build out the team to deliver customer-focused solutions to take advantage of the tremendous untapped opportunity to drive innovation in the public sector. Congress and the White House have rightly realized that government at the federal, state and local level is decades behind where it needs to be in terms of the technology solutions they are using to solve society's most critical problems. We bring a public-sector-first approach to deliver solutions that meet the government's unique policy and political needs and then scale those solutions to other localities and the private sector," said Josh Mendelsohn.
In just the last two years, the U.S. Federal Government has embarked on a program of unprecedented spending, with pandemic relief programs enacted since 2020 already exceeding the fiscal response to World War II. The United States is spending an Apollo program level of resources every few weeks.
Specifically, Federal grants to states increased 37% between FY2019 and FY2020, nearing $1 trillion, after averaging 4% increases over the preceding five fiscal years. Notably, the $350 billion Coronavirus State and Local Fiscal Recovery Funds program requires states to only obligate funds by December 31, 2024, and expend them by December 31, 2026.
Hangar's initial portfolio companies are focused on providing services to the industries that have been the recipients of this spending — from government services and healthcare, education and climate change response.
"The current spending, much of which will only begin moving in the states as they complete their legislative sessions this summer, means that each of our portfolio companies have a once-in-a-decade or more chance to enter a funded marketplace looking for new ideas. Hangar has a significant moment to push innovative tools and services out the door at scale across governments. It's an incredible opportunity for society at large, one that is long overdue," said Mike Ference.
To learn more about Hangar, please visit www.hangar.is.
For investment inquiries, please contact info@hangar.is.
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SOURCE Hangar | https://www.kwqc.com/prnewswire/2022/07/28/hangar-announces-expansion-plans-adds-bipartisan-leaders-tech-government/ | 2022-07-28T11:49:32Z | https://www.kwqc.com/prnewswire/2022/07/28/hangar-announces-expansion-plans-adds-bipartisan-leaders-tech-government/ | false | 12 |
KENILWORTH, N.J. (AP) _ Merck & Co. (MRK) on Thursday reported second-quarter profit of $3.94 billion.
On a per-share basis, the Kenilworth, New Jersey-based company said it had net income of $1.55. Earnings, adjusted for costs related to mergers and acquisitions and restructuring costs, were $1.87 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.67 per share.
The pharmaceutical company posted revenue of $14.59 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $13.85 billion.
Merck expects full-year earnings in the range of $7.25 to $7.35 per share, with revenue in the range of $57.5 billion to $58.5 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRK at https://www.zacks.com/ap/MRK | https://www.trumbulltimes.com/business/article/Merck-Q2-Earnings-Snapshot-17334466.php | 2022-07-28T11:50:59Z | https://www.trumbulltimes.com/business/article/Merck-Q2-Earnings-Snapshot-17334466.php | false | null |
Kerala State Lotteries is a lottery programme run by the Government of Kerala. It was established in 1967, under the lottery department of the Government of Kerala. It is the first of its kind in India.
There are seven weekly lotteries conducted by the Kerala State Lottery Department now. The draw is conducted at 3:00 PM every day at Sree Chithira Home Auditorium, Pazhavangadi, East Fort, Thiruvananthapuram. In addition to the weekly lotteries, Kerala State runs several seasonal 'bumper' lotteries: Xmas, Summer, Vishu, Monsoon, Thiruvonam, and Pooja.
HOW TO CHECK Karunya Plus KN 431 LOTTERY RESULT:
Kerala State Lotteries Department announces the lottery results on its official website, keralalotteriesresults.in. Kerala Karunya Plus KN 431 Lottery Result will be available today from 3:00 pm. The Kerala lottery results are also published in the Kerala Government Gazette.
Individuals who win the lottery have to quickly submit the ticket to the organization within 30 days of the resulting period. If you do not surrender the ticket, then you will not get the winning money.
TYPES OF WEEKLY KERALA LOTTERIES
- Pournami
- Win Win
- Sthree Sakthi
- Akshaya
- Karunya Plus
- Nirmal
- Karunya
KERALA STATE BUMPER LOTTERIES
- Christmas New Year Bumper
- Summer Bumper
- Vishu Bumper
- Monsoon Bumper
- Thiruvonam Bumper
- Pooja Bumper | https://www.indiatoday.in/information/story/kerala-lottery-result-today-28-7-2022-karunya-plus-kn-431-result-1981040-2022-07-28 | 2022-07-28T11:52:21Z | https://www.indiatoday.in/information/story/kerala-lottery-result-today-28-7-2022-karunya-plus-kn-431-result-1981040-2022-07-28 | false | 113 |
BOULDER, Colo., July 28, 2022 /PRNewswire/ -- Many of the world's leading neurosurgeons gathered to share experiences on new technologies that are making minimally invasive surgical approaches and associated improved patient outcomes more achievable in neurosurgery. A key subject of interest was the neurosurgeon's role in advancing precision medicine through the collection and biological preservation of tissue in tumors such as Glioblastoma Multiforme (GBM), one of the most complex, deadly and treatment-resistant cancers that accounts for nearly half of all primary malignant brain tumors.
"We have tremendous challenges to improve the survival rates for patients diagnosed with GBM," said Henry Brem, MD, chairman, Department of Neurosurgery at Johns Hopkins Medicine and keynote presenter of Tissue is the Issue in the Molecular Era: How the Neurosurgeon Uniquely Meets the Unmet Need. "Through advancements in collecting and preserving biologically active tissue that is critical to an accurate pathological diagnosis and care we deliver to our patients through precision medicine, we are seeing real opportunities for potentially impacting this devastating disease.
"Because of the national call to action to do better in cancer therapies for the patient, advancements in precision medicine has created a growing demand for high quality tissue collection and precise analysis," Brem added. "We're seeing very good results with tissue we are collecting and sending to pathology."
Other areas of discussion at the 9th Annual Meeting of the Subcortical Surgery Group (SSG) focused on MIPS (Minimally Invasive Parafascicular Surgery) in vascular neurosurgery – specifically, hemorrhagic stroke (ICH), the most debilitating and deadly – and the evolving topics of brain computer interface, integrated neuro monitoring, MIPS for traumatic ICH, and surgeries using awake craniotomy.
Sebastian Koga, MD, neurosurgeon in New Orleans, has attended the past four SSG meetings: "Of all the meetings available to attend that are both CME and Non-CME, this is the one that has changed my practice and continues to provide valuable, actionable information based on science."
This year's diverse topics featured more than 25 presenters, including 10 neurosurgery chairs from hospitals and teaching institutions in the U.S., Australia and United Kingdom. The SSG mission is optimizing MIPS through scientific collaborative research and technology applications that are better for the patient, hospital and surgeon.
"It's a very exciting time in neurosurgery," said Julian Bailes, MD, SSG president and chair of the Department of Neurosurgery at NorthShore University HealthSystem. "Years of research and technology advancements continue to improve methods for approaching and treating subcortical (inside the brain) tumors and hemorrhagic stroke.
"Neurosurgeons in this group are helping to forge new pathways that could help cancer patients beyond those with brain tumors," added Bailes. "Today's neurosurgeon is increasing the odds of not just patient survival rates, but also an improved quality of life."
To learn more about the SSG, visit the website, follow on Twitter, or view surgical videos on YouTube.
Contact: Sue Goin
sue.goin@sapphire-com.com
317.402.8690
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SOURCE Subcortical Surgery Group | https://www.kjct8.com/prnewswire/2022/07/28/top-neurosurgeons-three-continents-gather-share-advancements-brain-tumor-science-its-impact-todays-cancer-therapies-hemorrhagic-stroke-treatment/ | 2022-07-28T11:52:50Z | https://www.kjct8.com/prnewswire/2022/07/28/top-neurosurgeons-three-continents-gather-share-advancements-brain-tumor-science-its-impact-todays-cancer-therapies-hemorrhagic-stroke-treatment/ | false | 10 |
PARSIPPANY, N.J., July 28, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) and PBF Logistics LP (NYSE: PBFX) today announced a definitive agreement and plan of merger pursuant to which PBF Energy will acquire all of the outstanding common units representing limited partner interests of PBF Logistics it does not already own directly or indirectly for a combination of PBF Energy Class A common stock and cash. PBF Energy beneficially owns approximately 47.7% of the outstanding common units of PBF Logistics as of July 22, 2022.
Under the merger agreement, each outstanding common unit of PBF Logistics that PBF Energy does not already beneficially own will be converted into 0.270 shares of PBF Energy Class A common stock and $9.25 in cash, without interest. The purchase price reflects a premium of 13.2% to the volume-weighted average price of PBF Logistics common units for the thirty days through July 27, 2022.
Tom Nimbley, PBF Energy's and PBF Logistics' Chairman and CEO, said, "We are pleased to announce this strategic acquisition by PBF Energy, which represents a key objective in PBF Energy's plans to optimize our refining and logistics operations." He added, "This transaction will ultimately allow us to simplify our corporate structure and eliminate administrative, compliance and cost burdens of running a separate public company. Following consummation of the merger, we believe that the combined company will have a significantly enhanced financial profile."
Upon consummation of the merger, PBF Logistics will be become an indirect wholly-owned subsidiary of PBF Energy, and the PBF Logistics common units will cease to be listed on the NYSE and will subsequently be deregistered under the Securities Exchange Act of 1934, as amended.
PBF Logistics was represented in negotiations by the PBF Logistics Conflicts Committee, which is comprised of three independent members of its general partner's board of directors. The PBF Logistics Conflicts Committee unanimously approved the transaction and recommended approval of the transaction to the board of directors of the general partner of PBF Logistics, which was also unanimous in its approval of the transaction. The transaction has also been unanimously approved by the board of directors of PBF Energy.
The completion of the merger is subject to the satisfaction of customary conditions, including receipt of requisite approvals of PBF Logistics unitholders.
Barclays Capital Inc. is acting as the exclusive financial advisor; and Hunton Andrews Kurth LLP is acting as legal advisor to PBF Energy on the transaction. Intrepid Partners, LLC is acting as financial advisor and Baker Botts L.L.P. is acting as legal advisor to the PBF Logistics Conflicts Committee.
This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities pursuant to the proposed transaction or otherwise, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
In connection with the proposed transaction, PBF Energy will file with the Securities and Exchange Commission (the "SEC") a registration statement on Form S-4, which will include a prospectus of PBF Energy and a proxy statement of PBF Logistics. Each of PBF Energy and PBF Logistics may also file other documents with the SEC regarding the proposed transaction. PBF Logistics will mail the proxy statement/prospectus to its unitholders. This document is not a substitute for any prospectus, proxy statement or any other document which PBF Energy or PBF Logistics may file with the SEC in connection with the proposed transaction. Investors and equity holders of PBF Energy and PBF Logistics are advised to carefully read the proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed transaction when they become available, as well as other documents filed with the SEC, because they will contain important information. You may obtain copies of all documents filed with the SEC regarding this transaction (when they become available), free of charge, at the SEC's website (www.sec.gov). You may also obtain these documents, free of charge, from PBF Energy's website (www.pbfenergy.com) under the tab "Investors" and then under the heading "SEC Filings." You may also obtain these documents, free of charge, from PBF Logistics' website (www.pbflogistics.com) under the tab "Financial Information" and then under the heading "SEC Filings."
PBF Energy, PBF Logistics and their respective directors, executive officers and certain other members of management and employees may be soliciting proxies from PBF Logistics unitholders in favor of the proposed transaction and related matters. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of PBF Logistics unitholders in connection with the proposed transaction will be set forth in the proxy statement/prospectus when it is filed with the SEC. You can find information about PBF Energy's executive officers and directors in its definitive proxy statement filed with the SEC on April 13, 2022. You can find information about PBF Logistics' executive officers and directors in its annual report on Form 10-K filed with the SEC on February 17, 2022. Additional information about PBF Energy's executive officers and directors and PBF Logistics' executive officers and directors can be found in the above-referenced Registration Statement on Form S-4 and other relevant materials to be filed with the SEC when they become available. You can obtain free copies of these documents from PBF Energy and PBF Logistics using the contact information below.
Forward-looking Statements
Statements in this press release relating to future plans, results, performance, expectations, achievements and the like are considered "forward-looking statements" (as that term is defined under the federal securities laws). These forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which may be beyond PBF Energy's or PBF Logistics' control, that may cause actual results to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors and uncertainties that may cause actual results to differ include but are not limited to the risks disclosed in PBF Energy's or PBF Logistics' filings with the SEC, risks related to the merger, including the timing to consummate the transaction, the ability to obtain the requisite PBF Logistics unitholder approval and diversion of management time on merger-related issues; the supply, demand, prices and other market conditions for PBF Energy's or PBF Logistics' products or crude oil; expectations with respect to our capital spending and turnaround projects; risks associated with obligation to buy Renewable Identification Numbers and related market risks related to the price volatility thereof; PBF Energy's ability to make, and realize the benefits from, acquisitions or investments, including in renewable diesel productions, on any announced time frame or at all; PBF Energy's or PBF Logistics' expectations regarding the impact of market conditions on demand for the balance of 2022; and the impact of adverse market conditions affecting PBF Energy or PBF Logistics, unanticipated developments, regulatory approvals, changes in laws and other events that negatively impact the company. All forward-looking statements speak only as of the date hereof. Neither PBF Energy nor PBF Logistics undertakes any obligation to revise or update any forward-looking statements except as may be required by applicable law.
PBF Energy Inc. (NYSE: PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. Our mission is to operate our facilities in a safe, reliable and environmentally responsible manner, provide employees with a safe and rewarding workplace, become a positive influence in the communities where we do business, and provide superior returns to our investors.
PBF Logistics LP (NYSE: PBFX), headquartered in Parsippany, New Jersey, is a fee-based, growth-oriented master limited partnership formed by PBF Energy to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets.
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SOURCE PBF Energy Inc.; PBF Logistics LP | https://www.nbc29.com/prnewswire/2022/07/28/pbf-energy-announces-agreement-acquire-remaining-public-stake-pbf-logistics-lp/ | 2022-07-28T11:53:19Z | https://www.nbc29.com/prnewswire/2022/07/28/pbf-energy-announces-agreement-acquire-remaining-public-stake-pbf-logistics-lp/ | true | 11 |
First-of-its-kind multi-year collaboration established to co-develop innovative artificial intelligence-based decision support tools for robotic-assisted joint surgery
WARSAW, Ind. and NEW YORK, July 28, 2022 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, and Hospital for Special Surgery (HSS), the world's leading academic medical center focused on musculoskeletal health, today announced a first-of-its-kind, three-year agreement to create the HSS/Zimmer Biomet (ZB) Innovation Center for Artificial Intelligence (AI) in Robotic Joint Replacement. Through the collaboration, ZB and HSS aim to develop new decision support tools, powered by data collection and machine learning, to provide data-driven recommendations to surgeons for robotic-assisted joint surgery.
"Forging a multi-year collaboration with a leading orthopedics institution combines HSS' clinical expertise with Zimmer Biomet's expertise in surgical robotics and AI modeling," said Ivan Tornos, Chief Operating Officer at Zimmer Biomet. "This agreement, which is our second collaboration with HSS in two years, advances our vision to accelerate impactful innovation through strategic third-party relationships."
The decision support tools, which will be integrated into the ROSA® Knee and ROSA® Hip systems, will further expand the capabilities of ZB's ZBEdge™ suite of smart, digital and robotic technologies designed to deliver transformative data-powered clinical insights with the goal of improving patient outcomes.
"As a world leader in orthopedics, we strive to find opportunities to innovate towards improving patient care," said Michael P. Ast, MD, Chief Medical Innovation Officer at HSS. "Leveraging data analytics and AI in this collaboration could enable us to improve clinical results in robotic-assisted joint replacement surgeries."
Over the course of the collaboration, a team of HSS surgeons and ZB data scientists will work together to develop and test hypotheses that use data-driven insights to address common clinical challenges associated with joint replacement surgery. The goal is to use the validated hypotheses to inform the development of algorithms for the decision support tools.
"Through this unique collaboration, HSS can apply our knowledge and expertise to transform musculoskeletal care with innovative technologies that can improve clinical outcomes, patient experience and cost efficiency in a meaningful way," said Louis A. Shapiro, President and CEO at HSS.
"Together we hope to create clinically validated decision support tools that rely on real-world patient and procedural data to inform actionable recommendations that help surgeons achieve predictable and reproducible clinical outcomes," said Nitin Goyal, MD, Chief Science, Technology and Innovation Officer at Zimmer Biomet.
Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence.
With 90+ years of trusted leadership and proven expertise, Zimmer Biomet is positioned to deliver the highest quality solutions to patients and providers. Our legacy continues to come to life today through our progressive culture of evolution and innovation.
For more information about our product portfolio, our operations in 25+ countries and sales in 100+ countries or about joining our team, visit www.zimmerbiomet.com or follow Zimmer Biomet on Twitter at www.twitter.com/zimmerbiomet.
HSS is the world's leading academic medical center focused on musculoskeletal health. At its core is Hospital for Special Surgery, nationally ranked No. 1 in orthopedics (for the 13th consecutive year), No. 4 in rheumatology by U.S. News & World Report (2021-2022), and the best pediatric orthopedic hospital in NY, NJ and CT by U.S. News & World Report "Best Children's Hospitals" list (2021-2022). In a survey of medical professionals in more than 20 countries by Newsweek, HSS is ranked world #1 in orthopedics for a second consecutive year (2022). Founded in 1863, the Hospital has the lowest complication and readmission rates in the nation for orthopedics, and among the lowest infection rates. HSS was the first in New York State to receive Magnet Recognition for Excellence in Nursing Service from the American Nurses Credentialing Center five consecutive times. An affiliate of Weill Cornell Medical College, HSS has a main campus in New York City and facilities in New Jersey, Connecticut and in the Long Island and Westchester County regions of New York State, as well as in Florida. In addition to patient care, HSS leads the field in research, innovation and education. The HSS Research Institute comprises 20 laboratories and 300 staff members focused on leading the advancement of musculoskeletal health through prevention of degeneration, tissue repair and tissue regeneration. The HSS Innovation Institute works to realize the potential of new drugs, therapeutics and devices. The HSS Education Institute is a trusted leader in advancing musculoskeletal knowledge and research for physicians, nurses, allied health professionals, academic trainees, and consumers in more than 145 countries. The institution is collaborating with medical centers and other organizations to advance the quality and value of musculoskeletal care and to make world-class HSS care more widely accessible nationally and internationally. www.hss.edu.
ZBH-Corp
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SOURCE Zimmer Biomet Holdings, Inc. | https://www.kwqc.com/prnewswire/2022/07/28/zimmer-biomet-hospital-special-surgery-hss-announce-creation-hsszimmer-biomet-innovation-center-artificial-intelligence-robotic-joint-replacement/ | 2022-07-28T11:56:13Z | https://www.kwqc.com/prnewswire/2022/07/28/zimmer-biomet-hospital-special-surgery-hss-announce-creation-hsszimmer-biomet-innovation-center-artificial-intelligence-robotic-joint-replacement/ | false | 12 |
Imphal, Jul 28: Protests against Congress MP Adhir Ranjan Chowdhury's remarks on President Draupadi Murmu spread to Manipur where an effigy of Sonia Gandhi was burnt at the gates of the party's headquarters here on Thursday by Bharatiya Janata Yuva Morcha (BJYM) members.
The BJYM members led by their president Barish Sharma and shouting slogans against Chowdhury's comment gathered in front of the Manipur Pradesh Congress Committee office and burnt the effigy.
"We strongly condemn the disrespect shown to newly elected President Draupadi," Sharma told reporters.
Chowdhury had referred to Murmu as 'Rashtrapatni'. He said on Thursday it was a "slip of tongue" and alleged that BJP was making a "mountain out of a molehill" over the issue.
BJP supporters took out a rally in the Manipur capital to protest against Congress for its "anti-scheduled tribe and anti-woman notions" and burnt an effigy of Chowdhury, who is the leader of Congress in Lok Sabha.
Manipur President Sharda Devi told reporters "Congress has made a mockery of President Draupadi by calling her rashtrapati, instead of rastrapati which amounts to disrespect towards the woman society."
"Congress along with its president Sonia Gandhi should tender an apology for mocking the highest post of the country" Sharda added.
Manipur Congress spokesperson Kh Devabrata, when asked, told PTI "Adhir Ranjan Choudhary has already said that the word Rastrapatni used by him was a slip of tongue. It was a genuine mistake on his part but BJP is blowing It out of proportion."
Manipur Congress, he said, "strongly condemns" the burning of the effigy of Sonia Gandhi by BJP workers.
"BJP as the ruling party is indulging in activities of the opposition instead of focussing on running the government. This is very unfortunate," he added.
Imphal, Jul 28: Protests against Congress MP Adhir Ranjan Chowdhury's remarks on President Draupadi Murmu spread to Manipur where an effigy of Sonia Gandhi was burnt at the gates of the party's headquarters here on Thursday by Bharatiya Janata Yuva Morcha (BJYM) members.
The BJYM members led by their president Barish Sharma and shouting slogans against Chowdhury's comment gathered in front of the Manipur Pradesh Congress Committee office and burnt the effigy.
"We strongly condemn the disrespect shown to newly elected President Draupadi," Sharma told reporters.
Chowdhury had referred to Murmu as 'Rashtrapatni'. He said on Thursday it was a "slip of tongue" and alleged that BJP was making a "mountain out of a molehill" over the issue.
BJP supporters took out a rally in the Manipur capital to protest against Congress for its "anti-scheduled tribe and anti-woman notions" and burnt an effigy of Chowdhury, who is the leader of Congress in Lok Sabha.
Manipur President Sharda Devi told reporters "Congress has made a mockery of President Draupadi by calling her rashtrapati, instead of rastrapati which amounts to disrespect towards the woman society."
"Congress along with its president Sonia Gandhi should tender an apology for mocking the highest post of the country" Sharda added.
Manipur Congress spokesperson Kh Devabrata, when asked, told PTI "Adhir Ranjan Choudhary has already said that the word Rastrapatni used by him was a slip of tongue. It was a genuine mistake on his part but BJP is blowing It out of proportion."
Manipur Congress, he said, "strongly condemns" the burning of the effigy of Sonia Gandhi by BJP workers.
"BJP as the ruling party is indulging in activities of the opposition instead of focussing on running the government. This is very unfortunate," he added. | https://assamtribune.com/north-east/bjp-supporters-burns-effigy-of-sonia-gandhi-adhir-ranjan-chowdhury-1381346 | 2022-07-28T11:59:21Z | https://assamtribune.com/north-east/bjp-supporters-burns-effigy-of-sonia-gandhi-adhir-ranjan-chowdhury-1381346 | false | 3 |
Australia An Australian judge on Thursday ordered Samsung to pay 14 million Australian dollars ($9.8 million) in penalties for misleading advertising over how water-resistant some models of smartphones are.
Federal Court Justice Brendan Murphy gave Samsung Electronics Australia, a subsidiary of South Korea-based Samsung Electronics Co., 30 days to pay the fines.
Samsung must also pay AU$200,000 ($140,000) toward the costs of the Australian Competition and Consumer Commission, the consumer watchdog that initiated an investigation of the phones four years ago.
Samsung admitted to making false and misleading claims in nine advertisements between 2016 and 2018 about the water resistance of seven models of Galaxy smartphones. They are the S7, S7 Edge, A5 (2017), A7 (2017), S8, S8 Plus and Note 8.
Samsung and the commission also agreed to the penalties imposed.
The misleading ads promoted the phones water resistance and suitability for use in swimming pools and seawater. But the charging ports could be damaged and stop working if the phones were recharged while the ports were still wet.
Samsung said the charging port issue only effected the seven models identified in the case that were launched between 2016 and 2017.
The issue does not arise for Samsungs current phones, a Samsung statement said.
Samsung sold 3.1 million of the vulnerable phones in Australia, but the court could not determine how many customers found faults in their charging ports.
An unknown number of customers had their ports replaced by authorized Samsung repairers. Some repairers did the job for free while others charged between AU$180 ($126) and AU$245 ($171), the court heard.
Murphy said customers were entitled to assume that a large company such as Samsung would not advertise that its Galaxy phones could safely be submerged in water if they could not.
A great many consumers are likely to have seen the offending advertisements and a significant number of those who did so are likely to have purchased one of the Galaxy phones, Murphy said in his judgment.
Commission Chair Gina Cass-Gottlieb said her investigation had received hundreds of complaints from phone owners.
They experienced issues with their Galaxy phones after it was exposed to water and, in may cases, they reported their Galaxy phones stopped working entirely, Cass-Gottlieb said in a statement.
The judge said the penalty exceeded Samsungs profit during the course of the misleading advertising campaign.
Samsungs lawyers had initially denied the ads were misleading and that the phones could be damaged by immersion in water, the judge said.
I do not consider Samsung Australia should be given much credit for its cooperation, Murphy said.
Samsung said it had cooperated with the commission’s investigations, which originally included more than 600 ads and 15 Galaxy phone models.
Samsung endeavours to deliver the best possible experience to all our customers and we regret that a small number of our Galaxy users experienced an issue with their device pertaining to this matter, Samsung said. | https://www.moneycontrol.com/news/business/samsung-fined-9-8m-for-misleading-australian-phone-ads-8906491.html | 2022-07-28T12:03:08Z | https://www.moneycontrol.com/news/business/samsung-fined-9-8m-for-misleading-australian-phone-ads-8906491.html | false | 47 |
A telegraphed fourth interest rate increase this year by the United States created few shock waves in China, but the world’s two largest economies have been urged to work together to tackle global economic and financial turbulence. The US Federal Reserve confirmed a widely expected second straight 75 basis point rate increase on Wednesday, lifting its benchmark to a range of 2.25 per cent to 2.5 per cent – the highest level since 2018. “China-US macroeconomic coordination should be a more important topic than tariff rollback, considering the looming recession threat,” said Chen Fengying, a senior fellow with the China Institutes of Contemporary International Relations, referring to discussions within the Biden administration over removing Trump-era trade tariffs on imported Chinese goods. Such bilateral coordination could be more efficient as the two countries account for around 40 per cent of the global gross domestic product (GDP), she added. China’s virus-driven slowdown at core of IMF cut to global growth forecast A Beijing-based diplomat from an Asian nation, who asked not to be identified, also said it was time for the US and China to cooperate to counter global recession risks as “responsible” global economic leaders despite their overall bilateral tensions. Vice-Premier Liu-He and US Treasury Secretary Janet Yellen briefly mentioned the topic of policy coordination during their “pragmatic” and “constructive” meeting earlier this month. The latest move by the US Federal Reserve is part of strenuous efforts to slow price gains across the economy after inflation rose to a 40-year high of 9.1 per cent in June. Such aggressive moves, with the rate having stood at between 0-0.25 per cent at the start of the year, have raised concerns in China in the past following the capital flight and yuan depreciation witnessed between 2015-17. But after capital shifted earlier this year as the US interest rate overtook China’s, the Chinese market has gradually calmed. The People’s Bank of China on Thursday kept its seven-day reverse repo, a key policy rate, unchanged at 2.1 per cent, while strengthening the yuan’s midpoint by 0.47 per cent to 6.7411 per US dollar, representing the highest daily change since mid-June. Regulators have also taken some precautionary measures over the last year, including a more flexible yuan exchange rate, optimisation of foreign debt structure and a greater use of foreign exchange hedging tools. Together with its US$3 trillion foreign exchange reserves, a strong trade surplus and investment inflows, it has enabled China to maintain a loose policy stance favouring domestic needs, despite widened divergence with major Western economies. We’ll strengthen bottom-line thinking, increase monitoring and analysis, and effectively maintain the smooth operation of the foreign exchange market and national economic and financial security Pan Gongsheng “We’ll strengthen bottom-line thinking, increase monitoring and analysis, and effectively maintain the smooth operation of the foreign exchange market and national economic and financial security,” said Pan Gongsheng, head of the State Administration of Foreign Exchange, in an article published on Wednesday. At its quarterly economic meeting on Thursday, the 25-member Politburo refrained from strong stimulus, but pledged to use proactive fiscal policy to drive up economic growth. Beijing has set its gross domestic product growth target for 2022 at “around 5.5 per cent”, but China’s economy only grew by 0.4 per cent in the second quarter, compared with a year earlier, down from the 4.8 per cent growth seen in the first three months of the year. We expect official 2022 GDP growth of at most 4 per cent and think that, in reality, the economy may not grow at all this year Julian Evans-Pritchard “The Politburo meeting reinforces our view that stimulus will remain relatively restrained this year and that the economy will continue to operate well below potential over the coming quarters,” said Julian Evans-Pritchard, senior China economist at Capital Economics. “We expect official 2022 GDP growth of at most 4 per cent and think that, in reality, the economy may not grow at all this year.” On Tuesday, the International Monetary Fund also lowered its estimate for global growth to 3.2 per cent from 3.6 per cent. The Washington-based institution also lowered China’s 2022 growth forecast from 4.4 per cent to 3.3 per cent, while growth in the US is forecast to reach 2.3 per cent this year, down from 3.7 per cent predicted three months ago. | https://www.scmp.com/economy/economic-indicators/article/3186933/us-china-urged-be-responsible-global-economic-leaders?utm_source=rss_feed | 2022-07-28T12:06:35Z | https://www.scmp.com/economy/economic-indicators/article/3186933/us-china-urged-be-responsible-global-economic-leaders?utm_source=rss_feed | true | 1 |
Nisa Investment Advisors LLC grew its holdings in Covetrus, Inc. (NASDAQ:CVET – Get Rating) by 23.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,080 shares of the company’s stock after purchasing an additional 2,100 shares during the period. Nisa Investment Advisors LLC’s holdings in Covetrus were worth $186,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Eaton Vance Management increased its position in shares of Covetrus by 4.8% during the 4th quarter. Eaton Vance Management now owns 19,456 shares of the company’s stock valued at $294,000 after purchasing an additional 899 shares during the last quarter. Profund Advisors LLC increased its holdings in Covetrus by 10.0% in the 4th quarter. Profund Advisors LLC now owns 12,942 shares of the company’s stock worth $258,000 after acquiring an additional 1,175 shares during the last quarter. Parallax Volatility Advisers L.P. increased its holdings in Covetrus by 4.3% in the 4th quarter. Parallax Volatility Advisers L.P. now owns 31,673 shares of the company’s stock worth $633,000 after acquiring an additional 1,304 shares during the last quarter. Gamco Investors INC. ET AL increased its holdings in Covetrus by 0.7% in the 4th quarter. Gamco Investors INC. ET AL now owns 201,587 shares of the company’s stock worth $4,026,000 after acquiring an additional 1,389 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its holdings in Covetrus by 0.9% in the 4th quarter. Public Sector Pension Investment Board now owns 210,480 shares of the company’s stock worth $4,203,000 after acquiring an additional 1,930 shares during the last quarter. 93.99% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on CVET. Stifel Nicolaus lowered Covetrus from a “buy” rating to a “hold” rating and set a $22.00 price objective for the company. in a report on Monday, June 13th. The Goldman Sachs Group decreased their price objective on Covetrus from $18.00 to $16.00 and set a “sell” rating for the company in a report on Thursday, May 19th. Raymond James downgraded Covetrus from an “outperform” rating to a “market perform” rating in a research note on Monday, May 23rd. Barclays downgraded Covetrus from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $26.00 to $21.00 in a research note on Thursday, May 26th. Finally, William Blair downgraded Covetrus from an “outperform” rating to a “market perform” rating in a research note on Wednesday, May 25th. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. According to data from MarketBeat, Covetrus currently has a consensus rating of “Hold” and a consensus target price of $22.67.
Insider Buying and Selling
Covetrus Stock Performance
Shares of CVET opened at $20.76 on Thursday. The company has a market cap of $2.89 billion, a PE ratio of -69.20 and a beta of 1.77. The company has a current ratio of 1.86, a quick ratio of 1.03 and a debt-to-equity ratio of 0.65. The stock has a 50-day moving average price of $20.60 and a 200-day moving average price of $18.04. Covetrus, Inc. has a 12-month low of $13.39 and a 12-month high of $25.83.
Covetrus (NASDAQ:CVET – Get Rating) last issued its quarterly earnings results on Thursday, May 5th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.15 billion. Covetrus had a negative net margin of 0.87% and a positive return on equity of 1.92%. The business’s revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.16 EPS. As a group, equities analysts forecast that Covetrus, Inc. will post 0.83 earnings per share for the current fiscal year.
Covetrus Profile
Covetrus, Inc, together with its subsidiaries, operates as an animal-health technology and services company. It engages in the sale of animal-health consumable products, including proprietary and Covetrus branded products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products, parasiticides, and vitamins and supplements to wholesale and retail customers.
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Fourth wave Covid-19 deaths closer to pre-pandemic levels
Life insurers have paid out R120.5bn in claims in the two years since Covid-19 arrived in SA
SA life insurers experienced a significant drop in mortality claims during the fourth wave of Covid-19 infections, with overall death claims during this period falling closer to pre-pandemic levels.
The Association for Savings and Investment SA (Asisa) says total mortality claims for the six months to the end-March 2022 fell to 396,698 across individual life, group life, funeral cover and credit life policies. That’s about 18.9% more than the 333,509 mortality claims received by life insurers in the pre-pandemic period of October 1 2019 to March 31 2020...
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New Delhi: The Eleventh Agricultural Census (2021-22) was launched in the country today by the Union Minister for Agriculture and Farmers Welfare, Narendra Singh Tomar. Speaking on the occasion, Tomar said that this computation will bring huge benefits in a vast and agricultural country like India.
Tomar said that under the leadership of Prime Minister Narendra Modi emphasis is being given on increasing farmers income. Besides there is a need to change their standard of living, organize small farmers in order to empower them, attract them towards remunerative crops and ensure the quality of the produce at par with global standards.
During the programme, Tomar conveyed his greetings for the Agriculture Census and said that the Agriculture sector is reaping the fruits of concrete steps taken by Prime Minister Modi, the country is rapidly moving towards digital agriculture. This is the time to make full use of technology in this computation. He said that Agriculture Census should be thought of in a broader perspective. Agricultural computations can also contribute to the mapping of crops, so that the country gets its benefits. Tomar asked the Central Departments, State Governments and concerned institutions to carry out this census with full dedication.
On the occasion, Tomar released the Handbook on Operational Guidelines for Census for the use of States/UTs, and launched the Data Collection Portal/App. Union Ministers of State for Agriculture and Farmers Welfare, Sushri Shobha Karandlaje and Kailash Choudhary, Agriculture Secretary Mr. Manoj Ahuja, Additional Secretary and Financial Advisor Sanjeev Kumar and Senior Officers of the States/UTs were present in the programme.
Agriculture Census is conducted every 5 years, which is being undertaken now after delay due to corona pandemic. The field work of agricultural census will start in August 2022. Agricultural Census is the main source of information on a variety of agricultural parameters at a relatively minute level, such as the number and area of operational holdings, their size, class-wise distribution, land use, tenancy and cropping pattern, etc. This is the first time that data collection for agricultural census will be conducted on smart phones and tablets, so that data is available in time. Most of the States have digitized their land records and surveys, which will further accelerate the collection of agricultural census data. The use of digitized land records and the use of mobile apps for data collection will enable the creation of a database of operational holdings in the country.
During the technical session, the salient features of the Agriculture Census Implementation Procedure and web portal and mobile app were demonstrated. The new initiatives highlighted in the presentation include use of digital land records like land title records and survey reports, collection of data through app/software using smartphone/tablet, complete enumeration of all villages in states with non-land records during Phase-I as done in states having land records, and real time monitoring of progress and processing. | https://pragativadi.com/union-minister-narendra-singh-tomar-launches-11th-agriculture-census-in-the-country/ | 2022-07-28T12:12:54Z | https://pragativadi.com/union-minister-narendra-singh-tomar-launches-11th-agriculture-census-in-the-country/ | false | 1 |
Spacesaver Corporation, a design and manufacturing organization providing fully integrated storage solutions for installation in the United States, Canada, and around the world, has announced the promotion of Sean Krause to vice president of engineering and new product development.
“Sean has been a proven performer at Spacesaver for the last 16 years,” said Mark Haubenschild, Spacesaver president/CEO. “In addition to continuing to build his engineering teams, he will focus on prioritizing the continued development of our R&D and product development teams. He understands the need to be fast and agile in order to service our markets and customers. Sean will continue to an important member of our management team.”
Krause joined Spacesaver in June 2006 as a mechanical design engineer and has since held nine different positions within the engineering teams and, most recently, as director of engineering and innovation. In his new role, Sean will continue to build out the product development, innovation, and R&D teams, focusing on speed to market and impactful product development to drive Spacesaver’s strategic initiatives.
“I feel extremely fortunate to have the opportunity to help the company continue to grow and remain an employer of choice in Fort Atkinson for many years to come,” said Krause. “Spacesaver is involved with so many great organizations and charities in Fort Atkinson and the surrounding area and I look forward to continuing to give back to this wonderful community.”
Born and raised in Fort Atkinson, Sean earned a bachelor’s degree in Mechanical Engineering from the University of Wisconsin-Platteville. He has been a part of the community foundation scholarship committee in the past, and currently serves on the Fort Atkinson Chamber of Commerce Golf Outing Committee. A graduate of Fort Atkinson High School, Sean enjoys giving a careers presentation on engineering to sophomores each semester and feels blessed to live in such an awesome community with his wife and two daughters.
Spacesaver manufactures a full range of innovative storage solutions for a variety of vertical markets including libraries, higher education, military, government, public safety, indoor agriculture, K-12, healthcare, and business. Their in-house teams of engineers, project managers, and manufacturers work with an extensive distribution network to provide clients with reliable, well-designed storage solutions that optimize space, streamline workflows, and integrate seamlessly into any space.
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(RTTNews) - Stanley Black & Decker, Inc. (SWK) reported a profit for second quarter that decreased from last year
The company's bottom line totaled $87.6 million, or $0.57 per share. This compares with $459.5 million, or $2.75 per share, in last year's second quarter.
Excluding items, Stanley Black & Decker, Inc. reported adjusted earnings of $274.6 million or $1.77 per share for the period.
The company's revenue for the quarter rose 15.5% to $4.39 billion from $3.80 billion last year.
Stanley Black & Decker, Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $87.6 Mln. vs. $459.5 Mln. last year. -EPS (Q2): $0.57 vs. $2.75 last year. -Revenue (Q2): $4.39 Bln vs. $3.80 Bln last year.
-Guidance: Full year EPS guidance: $5.00 to $6.00
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | https://www.nasdaq.com/articles/stanley-black-decker-inc.-reveals-fall-in-q2-bottom-line | 2022-07-28T12:13:56Z | https://www.nasdaq.com/articles/stanley-black-decker-inc.-reveals-fall-in-q2-bottom-line | false | null |
(CNN) — JetBlue Airways on Thursday announced it would purchase Spirit Airlines, a combination that would create the nation’s fifth-largest airline,
The announcement comes a day after Spirit pulled the plug on a deal to merge with Frontier.
JetBlue had been pursuing a hostile bid for Spirit even while Spirit sought shareholder approval for a lower-priced deal with Frontier. Spirit had continually expressed concern whether regulators would approve a deal with JetBlue. But shareholders had balked at accepting Frontier’s less-valuable cash-and-stock offer when they had JetBlue’s all-cash offer on the table.
The deal announced Thursday would pay Spirit shareholders $33.50 per share in cash, including a prepayment of $2.50 per share in cash payable upon Spirit stockholders’ approval of the transaction — even before the deal closes.
JetBlue will pay Spirit shareholders an additional 10 cents a month for any delay in closing after December of this year, which could raise the price to $34.15 a share. And if regulators block the deal, JetBlue will pay Spirit $70 million, and its shareholders would get an additional $400 million.
If JetBlue closes the deal this year at $33.50, it’ll be a 38% premium over Spirit’s closing price Wednesday and about $1 billion more than Frontier’s offer had been worth. Shares of Spirit were up 4% in premarket trading on the news, while JetBlue shares were little changed. Frontier shares rose 6%.
(Copyright (c) 2022 CNN. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.) | https://whdh.com/news/jetblue-announces-a-deal-to-buy-spirit-airlines/ | 2022-07-28T12:14:02Z | https://whdh.com/news/jetblue-announces-a-deal-to-buy-spirit-airlines/ | false | 2 |
Bitcoin consolidated higher into July 28 after United States monetary policy changes fueled optimism in risk assets. Fe …
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KBS WORLD TV YouTube | HOT Video Clip of the Week (July 18th–24th)
2022-07-25
The emergency room was as bright as day. The first thing that I saw under that bright light was my grandmother’s breasts exposed to attach all sorts of machines and lines. With her breasts uncovered like that, the doctor called her time of death. I felt the urge to stuff the doctor’s mouth with my hands. It would have taken only a few minutes to close the shirt and tidy up the sheet. If I were my grandmother, I wouldn’t have wanted to meet my death like this.
또 생길지 모르는 범죄의 가능성을 막기 위해서라도
부검이 필요하다는 여자 경찰의 말을 삼촌은 듣지 않았다.
대신 그의 어깨를 밀치며 병원 밖으로 내쫒았다.
Uncle didn’t listen to the policewoman who insisted that an autopsy was needed to prevent another crime. Instead, he shoved her out of the building.
나는 어떻게든 삼촌을 설득하고 싶었다.
그건 할머니를 위한 것이기도 하지만
나를 위한 것이기도 했다.
이대로 이 일을 묻어서는 안 된다고 말 하려고 나서는 내 팔을 엄마가 붙잡았다.
이제 그만하라는 뜻이었다.
I wanted to persuade my uncle using whatever means possible. It was for my grandmother but also for myself. I started to say that this incident should not be buried when my mother grabbed my arm. It was her way of telling me to stop.
나는 그들이 절대 인정하지 않음으로써,
모든 현실을 부정하고 싶어 한다는 것을 알았다.
그리고 그건 그들이 감당할 수 있는 유일한 선택 같았다.
I knew that they wanted to deny the truth by never acknowledging it. It seemed that was the only choice they could live with.
# Interview 2 (Bang)
The grandmother, who lived an immaculate life, died in an accident. She supposedly fell in the bathroom and died of a concussion or a heart attack, but her underwear happened to be off. So, it was assumed that it wasn’t just an unfortunate accident, but the result of a crime. The narrator, the old woman’s granddaughter, makes a reasonable assumption that Seong-ho could have committed this crime. She is in a dilemma between whether to make a big issue out of this or carry on with the funeral as if nothing was wrong. She is in the same quandary at the academy with her student. The writer put the main character in two similar situations for an overlapping effect.
나는 아직 조문객 하나 없는 빈소를 빠져나왔다.
어쩐지 이 밤이 끝나지 않을 것 같다는 생각을 하며 주차장으로 향했다.
I left the funeral parlor empty of mourners. I headed toward the parking lot while thinking that this night would never end.
쉬지 않고 차를 몰면 원장이 출근하는 시간에 맞춰
학원에 도착할 수 있을 것이었다.
원장이 나를 보면 어떤 표정을 지을까.
그리고 그를 만나면 무슨 말부터 해야 할까.
하지만 한 가지만은 확실했다.
더 이상은 결코 함부로이고 싶지 않았다.
If I drove without stopping, I could probably arrive at the academy to catch the director on his way to work. What would he think if he saw me? And what would I say when I see him? One thing was certain. I was never going to be a pushover.
Kim Eun-yi (born in Damyang, Korea in 1966~)
Debuted with 2009 Imagination genius Kichan
2022-07-25
2022-07-22
2022-02-22
This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details > | http://world.kbs.co.kr/service/contents_view.htm?lang=e&board_seq=426298 | 2022-07-28T12:22:11Z | http://world.kbs.co.kr/service/contents_view.htm?lang=e&board_seq=426298 | true | 1 |
How much do you need to retire?
It's been dominating the media recently, but it's a silly question when you think about it, because there are a multitude of factors that determine how much anybody would need to retire comfortably.
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These include the state of your health, your life expectancy, your spending habits and what level of age pension may be available to you. Inflation is a huge factor.
Suppose you are 50 now and decide you will need $70,000 a year in today's dollars to live on if you decide to retire at age 65. If inflation was 2 per cent that would equate to $94,300 a year, but if inflation increased to 4 per cent that figure would leap to $126,000 a year.
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For a person aged 65 who thinks they will live until age 90, the rough rule of thumb for working out how much you will need is approximately 12 times your expected expenditure.
Therefore, based on the figures above, the target could well be over $1 million.
But that's not a straight line - expenditure tends to reduce as people get older and all their travelling is out of the way and as your assets reduce the age pension comes into play, which slows down the rate you have to draw down on your capital.
In short, long-term projections of the amount needed for retirement are pointless.
What you need to do is decide when you want to retire, how much you think you will need and then meet with your adviser at least once a year to find out if you are on track to meet these goals; and if not what strategies need to be put in place to get you back on track.
Long-term projections of the amount needed for retirement are pointless.
It's also important to consider what legacies it's reasonable to assume may come your way and of course any extra capital you could free up by downsizing.
A key factor in the amount you will need to accumulate is the rate of return you can achieve on your portfolio.
Think about somebody aged 50, earning $110,000 a year who has $350,000 in super, and who wanted to retire at 65 with an income of $70,000 in today's dollars. If their superannuation produced 9 per cent per annum they would have $1.7 million at 65 which, should be more than enough to provide the income they are looking for. However, if the best they could do was 4 per cent per annum they may have only $850,000 at 65 and would need to make substantial additional contributions to achieve their goal.
The key is to take stock of your affairs on a regular basis to make sure you are on track. A major goal should be to have no debt when you retire as servicing a mortgage could be a massive hit on your cash flow.
Also keep in mind that delaying your retirement by just five years could increase your superannuation by more than 40 per cent.
But what about the age pension?
Yes, at current levels most retirees will be eligible for at least a part pension, but it would be a brave person to base their retirement plans on the assumption that today's generous age pension will last forever.
Australia is now almost a trillion dollars in debt and the cost of servicing this is growing rapidly as interest rates increase.
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This state of affairs cannot continue indefinitely. It's not hard to envisage a situation a few years down the track when the government of the day will start to ask why any retiree with close to $1 million in financial assets, should be eligible for any help from the government.
Noel answers your money questions
Question
I am 62 years old earning $90,000 per year, have just sold my home for the purpose of downsizing and to direct the surplus cash of $330,000 as a non-concessional contribution into superannuation. My question is do l wait for better times or direct the cash into an alternative low interest bearing account?
Answer
It's a well accepted fact that it's impossible to time the market. The problem is that when the bounce happens it will happen very quickly and you won't have time to get back in. You may have 30 years of living ahead of you. One option is to use the strategy of dollar cost averaging - invest a set sum into the same asset class every month.
For example, you could contribute the entire sum into the cash area and then transfer $30,000 to the balanced area every month. This will smooth the returns to a point, but of course still leaves you open to the possibility of missing a substantial bounce if the recovery occurs suddenly.
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Question
I have only had small periods of paid employment during my life as we have lived in countries where I could not work. When I did work in Australia, the management fees for compulsory super chewed up the balance. Now we are coming up for retirement and about to sell our family home, which has been rented out for the past 15 years, can I open a superannuation account and put in a lump sum after the sale?
I would like some security aside from sharing my partner's modest superannuation. I am 63 and my partner is 61.
Answer
You can contribute up to $330,000 each after the sale using the bring forward rule, and in three years' time contribute another $330,000 each if you had funds available.
Anybody can contribute to age 67 - non-concessional contributions can be made till age 75 after June 30.
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Once your superannuation balance exceeds $1.7 million no more non-concessional contributions can be made.
There may well be a capital gains tax liability on the sale of the house - take advice because it may be possible for you both to contribute to superannuation using catch-up contributions and so alleviate some of the CGT.
Question
I currently live in my home in Sydney and have a rental property in Brisbane. The Sydney house needs major renovation. If I move to Brisbane and live there for two to five years and then sell it and move back to Sydney, will I have to pay CGT on the sale of Brisbane property?
Answer
Changing main residences will not eliminate CGT - it will just reduce it in line with the time you cover it with your main residence exemption, pro rata. If you have had it as a rental for 10 years and you live there for 5 years then two-thirds of the capital gain will be taxable.
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Be aware that if you do move your main residence exemption to Brisbane, when you move there, you will be exposing your Sydney home to CGT. Make sure you liaise with your accountant every step of the way - you do not have to elect which of the two properties will be covered with the main residence exemption until you sell one.
Question
I have been trying to hold my nerve while my super balance decreases due to negative returns currently. I am 63, single and working full time. I salary sacrifice $550 per fortnight into my super, on top of my employer contributions, and have $303,000 in my Super account.
My total income varies due to overtime, but is between $95,000 and $105,000 PA before salary sacrifice. I feel that if I stop salary sacrificing while returns are negative, even with the extra tax I will pay, I will be better off and can save the after tax balance.
My retirement is looking further and further away. I am aiming for $545,000 in my savings/super as I read this is the amount a single person needs for a comfortable retirement.
Answer
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I think stopping regular contributions while the market is down would be the worst thing you could do. Remember, that superannuation is not an asset class but merely a vehicle which holds a range of assets in a low tax environment.
By making contributions when the market is down, you are in effect buying assets at sale prices. If you make total contributions of $27,500 a year which is the maximum, $23,375 a year would be going to superannuation after the 15 per cent contribution tax has been allowed for.
If your fund earned 7 per cent which I think would be a reasonable longer term average you should reach your target after five years. Obviously, the longer you can work the more money you will have when you do retire.
- Noel Whittaker is the author of Retirement Made Simple and numerous other books on personal finance. His advice is general in nature and readers should seek their own professional advice before making financial decisions. Email: noel@noelwhittaker.com.au | https://www.canberratimes.com.au/story/7836659/how-much-do-i-need-to-retire-why-its-a-silly-question/ | 2022-07-28T12:22:39Z | https://www.canberratimes.com.au/story/7836659/how-much-do-i-need-to-retire-why-its-a-silly-question/ | false | 1 |
The following are today's upgrades for Validea's Earnings Yield Investor model based on the published strategy of Joel Greenblatt. This value model looks for companies with high return on capital and earnings yields.
MATADOR RESOURCES CO (MTDR) is a mid-cap value stock in the Oil & Gas Operations industry. The rating according to our strategy based on Joel Greenblatt changed from 40% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Matador Resources Company is an independent energy company. The Company is engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its segments include exploration and production and midstream. The exploration and production segment is engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States and is focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. The midstream segment conducts midstream operations through its midstream joint venture, San Mateo, in support of its exploration, development and production operations, provide natural gas processing, oil transportation services, oil, natural gas, produced water gathering services, produced water disposal services to third parties.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of MATADOR RESOURCES CO
APA CORP (US) (APA) is a large-cap value stock in the Oil & Gas - Integrated industry. The rating according to our strategy based on Joel Greenblatt changed from 0% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: APA Corporation is an independent energy company that explores for, develops, and produces natural gas, crude oil, and natural gas liquids (NGLs). Its upstream business has exploration and production operations in three geographic areas: the United States (U.S.), Egypt, and offshore the United Kingdom (U.K.) in the North Sea (North Sea). It has exploration, and appraisal operations in Suriname, as well as interests in other international locations. The Company's midstream business (Altus Midstream) is operated by Altus Midstream Company through its subsidiary Altus Midstream LP (collectively, Altus). Altus owns, develops, and operates a midstream energy asset network in the Permian Basin of West Texas. It holds approximately 332,000 gross acres (238,000 net acres) in the Southern Midland Basin. It holds approximately 267,000 gross acres (134,000 net acres) in the Delaware Basin. The Company also approximately 3.2 million gross acres (1.5 million net acres) in legacy properties.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of APA CORP (US)
More details on Validea's Joel Greenblatt strategy
About Joel Greenblatt: In his 2005 bestseller The Little Book That Beats The Market, hedge fund manager Joel Greenblatt laid out a stunningly simple way to beat the market using two -- and only two -- fundamental variables. The "Magic Formula," as he called it, produced back-tested returns of 30.8 percent per year from 1988 through 2004, more than doubling the S&P 500's 12.4 percent return during that time. Greenblatt also produced exceptional returns as managing partner at Gotham Capital, a New York City-based hedge fund he founded. The firm averaged a remarkable 40 percent annualized return over more than two decades.
About Validea: Validea is an investment research service that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | https://www.nasdaq.com/articles/validea-joel-greenblatt-strategy-daily-upgrade-report-7-28-2022 | 2022-07-28T12:24:37Z | https://www.nasdaq.com/articles/validea-joel-greenblatt-strategy-daily-upgrade-report-7-28-2022 | false | 1 |
ST. HELIER, Jersey (AP) _ NovoCure Ltd. (NVCR) on Thursday reported a loss of $24 million in its second quarter.
The St. Helier, Jersey-based company said it had a loss of 23 cents per share.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The oncology drug developer posted revenue of $140.9 million in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $134.9 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVCR at https://www.zacks.com/ap/NVCR | https://www.greenwichtime.com/business/article/NovoCure-Q2-Earnings-Snapshot-17334535.php | 2022-07-28T12:25:34Z | https://www.greenwichtime.com/business/article/NovoCure-Q2-Earnings-Snapshot-17334535.php | true | null |
SAN DIEGO, July 28, 2022 /PRNewswire/ -- NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, announced today that Chief Financial Officer Matt Harbaugh will participate in the Canaccord Genuity 42nd Annual Growth Conference in Boston on Thursday, August 11, 2022 at 1:30 p.m. ET.
A live webcast of the presentation will be available online from the Investor Relations page of the Company's website at www.nuvasive.com. After the live webcast, a replay of the presentation will remain available on the website for 30 days.
NuVasive, Inc. (NASDAQ: NUVA) is the leader in spine technology innovation, with a mission to transform surgery, advance care, and change lives. The Company's less-invasive, procedurally integrated surgical solutions are designed to deliver reproducible and clinically proven outcomes. The Company's comprehensive procedural portfolio includes surgical access instruments, spinal implants, fixation systems, biologics, software for surgical planning, navigation and imaging solutions, magnetically adjustable implant systems for spine and orthopedics, and intraoperative neuromonitoring technology and service offerings. With more than $1 billion in net sales, NuVasive operates in more than 50 countries serving surgeons, hospitals, and patients. For more information, please visit www.nuvasive.com.
Forward-Looking Statements
NuVasive cautions you that statements included in this news release that are not a description of historical facts are forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause NuVasive's results to differ materially from historical results or those expressed or implied by such forward-looking statements. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, risks associated with acceptance of the Company's surgical products and procedures by spine surgeons and hospitals, development and acceptance of new products or product enhancements, clinical and statistical verification of the benefits achieved via the use of NuVasive's products, the Company's ability to adequately manage inventory as it continues to release new products, its ability to recruit and retain management and key personnel, and the other risks and uncertainties described in NuVasive's news releases and periodic filings with the Securities and Exchange Commission. NuVasive's public filings with the Securities and Exchange Commission are available at www.sec.gov. NuVasive assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.
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SOURCE NuVasive, Inc. | https://www.wtoc.com/prnewswire/2022/07/28/nuvasive-participate-canaccord-genuity-42nd-annual-growth-conference/ | 2022-07-28T12:25:59Z | https://www.wtoc.com/prnewswire/2022/07/28/nuvasive-participate-canaccord-genuity-42nd-annual-growth-conference/ | false | 33 |
- Phase 2b RE-THINC ESRD study of fesomersen met its primary endpoint in patients with end-stage renal disease on hemodialysis
- Fesomersen demonstrated substantial and statistically significant reductions in Factor XI activity levels
- Fesomersen, a novel Factor XI antisense inhibitor designed to prevent thrombosis, was safe and well-tolerated in the study with up to 48-week treatment
CARLSBAD, Calif., July 28, 2022 /PRNewswire/ -- Ionis Pharmaceuticals, Inc. (Nasdaq: IONS), today announced positive topline results of the Phase 2b RE-THINC ESRD study of fesomersen, formerly IONIS-FXI-LRx, in patients with end-stage renal disease (ESRD) on hemodialysis. In the study, fesomersen achieved its primary outcome measure of no increase in incidence of major bleeding and clinically relevant non-major bleeding as compared to placebo. Data from the study show that fesomersen, administered monthly at 40 mg, 80 mg and 120 mg for up to 48 weeks, was safe and well-tolerated. Fesomersen also demonstrated substantial and statistically significant reductions in Factor XI activity levels.
Data from the study are consistent with the clinical profile seen across Ionis' other LICA programs, further validating how advancements in the company's LIgand-Conjugated Antisense technology position Ionis to deliver potentially transformative treatments for a range of unmet medical needs. The RE-THINC ESRD study was conducted by Bayer, which licensed fesomersen from Ionis. Data from the study will be presented at an upcoming medical meeting.
"For decades, anticoagulants have been a therapeutic mainstay in the treatment and prevention of thrombosis. However, they can be associated with increased bleeding risk, which can lead to major, sometimes fatal, bleeding events," said Sanjay Bhanot, M.D., Ph.D., senior vice president, chief medical officer and metabolic and liver franchise leader at Ionis. "The results of the RE-THINC ESRD study demonstrate fesomersen's potential as a novel anti-thrombotic treatment for cardiovascular and renal disease patients."
An estimated 17.9 million people die from cardiovascular disease each year, representing 32% of all deaths worldwide.1 Of these deaths, 85% are due to heart attacks and strokes, which are often caused by blood clots (thrombosis) that block blood vessels in the heart or brain. Fesomersen is an investigational antisense medicine designed by Ionis to reduce the production of Factor XI, a protein produced in the liver that is an important component of the coagulation pathway. Factor XI is an attractive target for an anti-thrombotic medicine because of its potential to separate anti-thrombotic activity from bleeding risk. The RE-THINC ESRD study focused on ESRD patients because they have a significantly high risk of thromboembolic events and also a very high bleeding risk.
In prior clinical studies evaluating the safety and efficacy of the non-LICA version of fesomersen, IONIS-FXIRx, dose-dependent inhibition of Factor XI activity was demonstrated, which was associated with significant reductions in clotting events and no increase in major bleeding events. IONIS-FXIRx was the first anti-thrombotic in development to demonstrate potential to separate anti-thrombotic activity from bleeding risk.
RE-THINC ESRD (NCT04534114) is a randomized, double-blind, placebo-controlled study evaluating the safety, pharmacokinetics and pharmacodynamics of multiple doses of fesomersen in 307 patients with end-stage renal disease on hemodialysis. Study participants were randomized to 1 of 3 cohorts receiving 40 mg, 80 mg or 120 mg of subcutaneously administered fesomersen or placebo every four weeks for up to 48 weeks. The primary endpoint of the study was incidence of major bleeding and clinically relevant non-major bleeding.
Thrombosis is the formation of blood clots inside blood vessels. Blood clots can obstruct blood flow to prevent sufficient oxygen flow to tissues and organs. In addition, clot fragments can break off from the blood clot and travel to occlude other parts of the circulation. Thrombosis is responsible for many heart attacks and strokes and is the leading cause of morbidity and mortality worldwide. Current anti-thrombotic treatments include anticoagulants such as warfarin, Factor Xa inhibitors and thrombin inhibitors. Although these therapies are effective at lowering the risk of thrombosis, they can place patients at significant risk of bleeding because they target factors required for normal coagulation.
Fesomersen, (formerly IONIS-FXI-LRx) is an investigational antisense medicine designed by Ionis to reduce the production of Factor XI, a clotting factor produced in the liver that is an important component of the coagulation pathway. High levels of Factor XI increase the risk of blood clot formation inside blood vessels (thrombosis), which can cause heart attacks and strokes. Alternatively, individuals deficient in Factor XI have a lower incidence of thrombosis-related events and little to no increase in bleeding risk. This makes Factor XI an attractive target for an anti-thrombotic medicine because of the potential to separate anti-thrombotic activity from bleeding risk. Although currently available anticoagulants reduce the risk of thrombosis, these anticoagulants are associated with increased bleeding risk at therapeutic doses, which can lead to major, sometimes fatal bleeding events.
For more than 30 years, Ionis has been the leader in RNA-targeted therapy, pioneering new markets and changing standards of care with its novel antisense technology. Ionis currently has three marketed medicines and a premier late-stage pipeline highlighted by industry-leading cardiovascular and neurological franchises. Our scientific innovation began and continues with the knowledge that sick people depend on us, which fuels our vision of becoming a leading, fully integrated biotechnology company.
To learn more about Ionis, visit www.ionispharma.com and follow us on Twitter @ionispharma.
This press release includes forward-looking statements regarding Ionis' business and the therapeutic and commercial potential of Ionis' technologies, fesomersen and other products in development. Any statement describing Ionis' goals, expectations, financial or other projections, intentions or beliefs is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to certain risks and uncertainties, including those related to the impact COVID-19 could have on our business, and including but not limited to, those related to our commercial products and the medicines in our pipeline, and particularly those inherent in the process of discovering, developing and commercializing medicines that are safe and effective for use as human therapeutics, and in the endeavor of building a business around such medicines. Ionis' forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements.
Although Ionis' forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by Ionis. As a result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Ionis' programs are described in additional detail in Ionis' annual report on Form 10-K for the year ended Dec. 31, 2021, and the most recent Form 10-Q quarterly filing, which are on file with the Securities and Exchange Commission. Copies of these and other documents are available from the Company.
In this press release, unless the context requires otherwise, "Ionis," "Company," "we," "our," and "us" refers to Ionis Pharmaceuticals and its subsidiaries.
Ionis Pharmaceuticals® is a trademark of Ionis Pharmaceuticals, Inc.
1 World Health Organization; https://www.who.int/news-room/fact-sheets/detail/cardiovascular-diseases-(cvds)
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SOURCE Ionis Pharmaceuticals, Inc. | https://www.wsfa.com/prnewswire/2022/07/28/ionis-announces-positive-topline-results-phase-2b-clinical-study-fesomersen-potential-novel-anti-thrombotic-treatment/ | 2022-07-28T12:27:54Z | https://www.wsfa.com/prnewswire/2022/07/28/ionis-announces-positive-topline-results-phase-2b-clinical-study-fesomersen-potential-novel-anti-thrombotic-treatment/ | false | 12 |
(The Hill) – New economic data is due Thursday, and it may show negative gross domestic product (GDP) growth for the second consecutive quarter.
Two such quarters are usually seen as indicating a recession. But President Biden and other senior figures, including Treasury Secretary Janet Yellen, are arguing that the current situation is different for several reasons, prime among them the strong job market.
Biden has every reason to avoid having the word “recession” pinned on a first term that has already been marred by elevated gas prices and the highest inflation in decades.
On Wednesday, the Federal Reserve sought to combat inflation by raising its benchmark interest rate by three-quarters of a percentage point.
Fed Chairman Jerome Powell said that he did not think the United States is “currently in a recession.”
Biden will be desperately hoping he’s right.
Here are five presidents who tried to navigate stormy economic seas — with very different results.
The Losers
President Hoover: The Great Depression
Almost a century on, President Hoover remains the textbook example of what not to do in dreadful economic times.
The factors leading to the Great Depression had been building before the 1929 Wall Street crash, which took place less than eight months after Hoover’s inauguration. But the stock market’s collapse — the Dow Jones Industrial Average lost almost one-quarter of its value in two days — ignited a terrifying financial blaze.
Hoover, a Republican, held fast to his belief that the government shouldn’t meddle much in the economy — a belief that history has come to judge as one of the worst political mistakes of the 20th century.
By early 1932, the year when Hoover would seek reelection, unemployment had soared to more than 20 percent.
Come Election Day, Hoover got thrashed by Democrat Franklin Roosevelt, whose promise of a “New Deal” propelled him to an 18-point victory in the popular vote.
Roosevelt would serve as president until his death in 1945, fundamentally reordering American politics.
Hoover’s reputation has never recovered.
President Carter: Inflation and malaise
President Carter’s example is one that has stalked Democratic presidents ever since.
Carter intended to restore decency and humility to the White House after the Watergate scandal. In the end, he came to be seen as timorous and ineffective.
The 1979 energy crisis blew the first big hole in Carter’s reelection hopes. Inflation climbed into the double digits even as economic growth fell away.
Inflation was running above 13 percent in 1979. That same year, Carter delivered what has come to be known as the “malaise” speech. The president never actually used that word, but he did diagnose the United States as suffering from a crisis of confidence “that strikes at the very heart and soul of our national will.”
That wasn’t what American voters, used to expressions of undying optimism, wanted to hear.
Historical debate still rages as to whether Carter’s downfall was chiefly due to bad luck or bad policy.
Whichever is the case, he was ousted from office after just one term by Ronald Reagan.
President George H.W. Bush: Iraq, recession and a lost reelection
Foreign affairs triumphs can be fleeting — especially if they clash with a downturn at home.
That’s at least one of the key lessons from the elder President Bush’s single term in office.
Bush, who had won the Oval Office in 1988 after eight years as vice president in the Reagan administration, seemed politically invincible at the conclusion of the first Gulf War in 1991.
American troops speedily drove Saddam Hussein’s Iraqi forces out of Kuwait in that conflict. And Bush was rewarded with sky-high approval numbers. He registered an 89 percent approval rating in a March 1991 Gallup poll.
It couldn’t get much better. And it didn’t.
While Bush was astride the world stage, economic growth was sputtering badly.
Unemployment duly edged up as well, from roughly 5 percent when Bush took office to more than 7 percent in 1992.
Bush’s defenders emphasize that the nation had come out of recession by 1992, and the economy was in fact growing at a fairly robust rate by the time Election Day rolled around.
But public perception — of tough economic times and an unresponsive president — had crystallized.
Bush lost his reelection fight to Bill Clinton.
The Winners
President Reagan: The dark hours before ‘Morning in America’
President Reagan is revered, especially by Republicans, as the president who restored American pride after the malaise of the Carter years.
But early in his first term, that looked far from a sure bet.
The nation was struggling when Reagan took office. Over at the Federal Reserve, Chairman Paul Volcker had decided that inflation had to be crushed, no matter the pain involved.
Interest rates moved above 16 percent in 1981.
Those moves contributed to a steep recession, with the national unemployment rate moving above 10 percent in late 1982. Democrats grew their sizable House majority by another 26 seats in that year’s midterm elections.
Yet over time, the harsh medicine began to work. The U.S. economy was booming by late 1983 and early 1984, posting huge GDP gains of between 7 and 8 percent on an annualized basis.
A famous Reagan ad in his 1984 reelection campaign heralded “Morning in America.” He won a second term in an enormous landslide, his Democratic opponent Walter Mondale carrying only his native Minnesota and the District of Columbia.
President Obama: Taming the Great Recession
The nation’s first Black president took office with the nation’s economy on the brink of catastrophe.
In January 2009, the month of President Obama’s inauguration, the United States lost almost 600,000 jobs. Unemployment continued to climb for most of the rest of the year, eventually peaking at 10 percent in October 2009.
Progress, at least on the jobs question, proved painfully slow. The unemployment rate would not fall below 9 percent for another two years — by which point Democrats had lost control of the House in 2010’s midterm elections.
Crucially — both for the country and for his own political fortunes — Obama reintroduced some stability into the economy.
An $800 billion economic stimulus bill passed at his behest in February 2009. The Dodd-Frank Act, bringing significant reforms to the financial system, came the following year.
Obama also supported and administered the bailout of the auto industry that had been initiated by his predecessor, President George W. Bush. The bailout, controversial at the time, came to be viewed as a big success.
After a daring mission to kill al Qaeda founder Osama bin Laden was successful in 2011, then-Vice President Joe Biden coined a phrase — “Bin Laden is dead and General Motors is alive” — that became one of the most potent soundbites advocating for Obama’s reelection.
In November 2012, Obama beat GOP nominee Mitt Romney by 4 percentage points in the popular vote.
In doing so, he became the first Democrat since Roosevelt to twice win an outright, popular-vote majority. | https://www.fox21news.com/news/national/how-recessions-haunted-three-presidents-and-how-two-others-recovered/ | 2022-07-28T12:28:54Z | https://www.fox21news.com/news/national/how-recessions-haunted-three-presidents-and-how-two-others-recovered/ | true | 26 |
Mr. Coffee Nerves: I'm surprised some scammer isn't advertising COVID-19 as the new weight loss phenomenon that attacks your appetite and gives you the willpower you always wished you had.But, I guess magnets on one's car reading "Lose Weight Now (While on a Ventilator) - Ask Me How!" won't generate Facebook traffic.
twonky: I had Covid in November. I can only smell a few things and taste slightly moreThings I can smellShiatFishCurryPetrol FumesThings I can tasteMintOlivesSome strong cheeseCinnamonLapsong Suchong teaLime juicePeanuts and WalnutsI put a lot of olives on food these days just to taste something
johnphantom: twonky: I had Covid in November. I can only smell a few things and taste slightly moreThings I can smellShiatFishCurryPetrol FumesThings I can tasteMintOlivesSome strong cheeseCinnamonLapsong Suchong teaLime juicePeanuts and WalnutsI put a lot of olives on food these days just to taste somethingI've been living with no smell since I was about 10 and first seriously broke my nose, that has steadily got worse due to more breaks, cigarettes and cocaine. I miss tasting my food, but it keeps me thin.
LeoffDaGrate: Subby, what the hell is "Kraft Dinner?" You mean Kraft Mac & Cheese? Not even old timers call it Kraft Dinner. You work for their advertising branch or something?
ltdanman44: this stuff is delicious[Fark user image image 850x850]/put myself through college on this
lefty248: ltdanman44: this stuff is delicious[Fark user image image 850x850]/put myself through college on thisWhich college let you pay with that?
Prank Call of Cthulhu: Good thing we classed outcomes for COVID as "dead" or "recovered," LOL.
lefty248: LeoffDaGrate: Subby, what the hell is "Kraft Dinner?" You mean Kraft Mac & Cheese? Not even old timers call it Kraft Dinner. You work for their advertising branch or something?Canadian.
Russ1642: LeoffDaGrate: Subby, what the hell is "Kraft Dinner?" You mean Kraft Mac & Cheese? Not even old timers call it Kraft Dinner. You work for their advertising branch or something?I wonder why people call a product by its name?[Fark user image image 390x390]Also, that stuff sucks. PC Mac & Cheese FTW.
DOCTORD000M: Russ1642: LeoffDaGrate: Subby, what the hell is "Kraft Dinner?" You mean Kraft Mac & Cheese? Not even old timers call it Kraft Dinner. You work for their advertising branch or something?I wonder why people call a product by its name?[Fark user image image 390x390]Also, that stuff sucks. PC Mac & Cheese FTW.I agree with the PC. But you cant just dump the powder into the noodles. Gotta rehydrate and heat it up in a separate pot and then dump the noodles into it and stir.
Greil: [Fark user image image 850x478]
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Russian Ambassador to India Denis Alipov called on Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas, in New Delhi on Thursday. After the meeting, Alipov stated that he discussed potential areas of collaboration between the two countries in the energy sector, including existing joint projects.
"On July 28, had a cordial meeting with Shri Pankaj Jain, Secretary, Indian Ministry of Petroleum & Natural Gas. Discussed prospects for #RussiaIndia cooperation in the energy sector including our joint ongoing projects [sic]," the Russian diplomat wrote on Twitter.
Earlier in March, Russia and India held a discussion over ongoing and potential collaborative projects in the fuel and energy sectors. The meeting was held between Russian Deputy Prime Minister Alexander Novak and Indian Petroleum Minister Hardeep Singh Puri. According to reports, both leaders talked about potential joint projects in the fuel and energy sector and also highlighted that ongoing initiatives are being implemented methodically. Further, the two leaders also talked about probable transaction payment methods amid sweeping sanctions on Moscow for its invasion of Ukraine.
On July 28, had a cordial meeting with Shri Pankaj Jain, Secretary, Indian Ministry of Petroleum & Natural Gas. Discussed prospects for #RussiaIndia cooperation in #energy sector including our joint ongoing projects. pic.twitter.com/A00sAZq0yp
— Denis Alipov 🇷🇺 (@AmbRus_India) July 28, 2022
Earlier in July, Ambassador Alipov also hailed India and stated that New Delhi does not support attempts to isolate Russia. He also referred to the BRICS meeting's "unanimous decision" to oppose arbitrary sanctions on Russia.
"There was a clear consensus against arbitrary sanctions, which are the exclusive prerogative of the UN Security Council. We also shared disapproval of the distorting effects of any discriminatory measures in international trade, which mainly affect developing countries," Alipov told Sputnik.
It is significant to mention here that India has often abstained from voting at the United Nations General Assembly (UNGA) over the ongoing crisis in Ukraine. Furthermore, India has always maintained its stance by choosing not to vote in the UNGA and the UN Security Council (UNSC) that lamented Russia's aggression against Ukraine. Earlier on May 12, India once again abstained from voting in the UN Human Rights Council (UNHRC) on a resolution over the deteriorating human rights situation in Ukraine. The resolution called for an immediate cessation of violence in Ukraine, and India, along with 12 other countries, refrained from voting against the proposal. | https://www.republicworld.com/india-news/general-news/russias-envoy-to-india-meets-petroleum-secretary-discusses-cooperation-in-energy-sector-articleshow.html | 2022-07-28T12:32:56Z | https://www.republicworld.com/india-news/general-news/russias-envoy-to-india-meets-petroleum-secretary-discusses-cooperation-in-energy-sector-articleshow.html | true | 1 |
An increase in humidity will help fuel a new round of widely scattered thunderstorms that will sweep through the region.
The time frame for storm activity is mainly after 3 p.m. until around 11 p.m. on Thursday, July 28.
Areas with the best chances to see storms are southern Connecticut and Long Island, according to the National Weather Service.
Thursday will be partly sunny for most of the day with a high temperature in the upper 80s to around 90 degrees.
Skies will gradually clear overnight, leading to a mostly sunny day on Friday, July 29. But clouds will roll in during the mid-afternoon hours, and there will be a new chance for showers and storms, mainly from 3 p.m. to 9 p.m. on Friday.
It will dry out in time for the weekend with mostly sunny skies on both Saturday, July 30 and Sunday, July 31 with a high temperature in the mid 80s both days.
Check back to Daily Voice for updates.
Click here to sign up for Daily Voice's free daily emails and news alerts. | https://dailyvoice.com/new-york/whiteplains/weather/these-areas-have-best-chance-to-see-scattered-showers-thunderstorms/839003/ | 2022-07-28T12:33:25Z | https://dailyvoice.com/new-york/whiteplains/weather/these-areas-have-best-chance-to-see-scattered-showers-thunderstorms/839003/ | true | 5 |
SportNRLNRL Highlights: Sea Eagles v Roosters - Round 20The Manly Warringah Sea Eagles wake on the Sydney Roosters in round 20 of the 2022 NRL PremiershipJuly 28, 2022 — 10.14pmSaveLog in, register or subscribe to save articles for later.LoadingReplayReplay videoPlay videoPlay video | https://www.theage.com.au/sport/nrl/nrl-highlights-sea-eagles-v-roosters-round-20-20220728-p5b5jc.html?ref=rss&utm_medium=rss&utm_source=rss_sport | 2022-07-28T12:33:32Z | https://www.theage.com.au/sport/nrl/nrl-highlights-sea-eagles-v-roosters-round-20-20220728-p5b5jc.html?ref=rss&utm_medium=rss&utm_source=rss_sport | true | null |
DNB ASSET MANAGEMENT AS bought a fresh place in PTC Inc. (NASDAQ:PTC). Money CNN data shows that the institutional investor bought 140.0 thousand shares of the stock in a transaction took place on 6/30/2022. In another most recent transaction, which held on 6/30/2022, GAM INTERNATIONAL MANAGEMENT LTD bought approximately 116.6 thousand shares of PTC Inc. In a separate transaction which took place on 7/05/2022, the institutional investor, LYXOR INTERNATIONAL ASSET MANAGE bought 49.8 thousand shares of the company’s stock. The total Institutional investors and hedge funds own 91.60% of the company’s stock.
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In the most recent purchasing and selling session, PTC Inc. (PTC)’s share price increased by 5.45 percent to ratify at $117.34. A sum of 1196946 shares traded at recent session and its average exchanging volume remained at 767.22K shares. The 52-week price high and low points are important variables to concentrate on when assessing the current and prospective worth of a stock. PTC Inc. (PTC) shares are taking a pay cut of -21.99% from the high point of 52 weeks and flying high of 21.53% from the low figure of 52 weeks.
PTC Inc. (PTC) shares reached a high of $117.50 and dropped to a low of $111.84 until finishing in the latest session at $112.66. Traders and investors may also choose to study the ATR or Average True Range when concentrating on technical inventory assessment. Currently at 3.34 is the 14-day ATR for PTC Inc. (PTC). The highest level of 52-weeks price has $150.42 and $96.55 for 52 weeks lowest level. After the recent changes in the price, the firm price to earnings ratio of 29.01 and price to earnings growth ratio of 2.25. The liquidity ratios which the firm has won as a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.61.
Having a look at past record, we’re going to look at various forwards or backwards shifting developments regarding PTC. The firm’s shares rose 5.82 percent in the past five business days and grew 4.59 percent in the past thirty business days. In the previous quarter, the stock rose 19.88 percent at some point. The company’s performance is now negative at -3.14% from the beginning of the calendar year.
According to WSJ, PTC Inc. (PTC) obtained an estimated Overweight proposal from the 14 brokerage firms currently keeping a deep eye on the stock performance as compares to its rivals. 0 equity research analysts rated the shares with a selling strategy, 3 gave a hold approach, 9 gave a purchase tip, 2 gave the firm a overweight advice and 0 put the stock under the underweight category. The average price goal of one year between several banks and credit unions that last year discussed the stock is $142.82.
LumiraDx Limited (LMDX) shares on Wednesday’s trading session, jumped 2.82 percent to see the stock exchange hands at $1.46 per unit. Lets a quick look at company’s past reported and future predictions of growth using the EPS Growth. EPS growth is a percentage change in standardized earnings per share over the trailing-twelve-month period to the current year-end. The company posted a value of -$2.22 as earning-per-share over the last full year, while a chance, will post -$0.70 for the coming year. The current EPS Growth rate for the company during the year is 33.00% and predicted to reach at 31.00% for the coming year.
The last trading period has seen LumiraDx Limited (LMDX) move -86.83% and 12.31% from the stock’s 52-week high and 52-week low prices respectively. The daily trading volume for LumiraDx Limited (NASDAQ:LMDX) over the last session is 1.13 million shares. LMDX has attracted considerable attention from traders and investors, a scenario that has seen its volume jump 192.55% compared to the previous one.
Investors focus on the profitability proportions of the company that how the company performs at profitability side. Return on equity ratio or ROE is a significant indicator for prospective investors as they would like to see just how effectively a business is using their cash to produce net earnings. As a return on equity, LumiraDx Limited (NASDAQ:LMDX) produces 0.00%. Because it would be easy and highly flexible, ROI measurement is among the most popular investment ratios. Executives could use it to evaluate the levels of performance on acquisitions of capital equipment whereas investors can determine that how the stock investment is better. The ROI entry for LMDX’s scenario is at -31.50%. Another main metric of a profitability ratio is the return on assets ratio or ROA that analyses how effectively a business can handle its assets to generate earnings over a duration of time. LumiraDx Limited (LMDX) generated 0.00% ROA for the trading twelve-month.
Volatility is just a proportion of the anticipated day by day value extend—the range where an informal investor works. Greater instability implies more noteworthy benefit or misfortune. After an ongoing check, LumiraDx Limited (LMDX) stock is found to be 15.32% volatile for the week, while 13.21% volatility is recorded for the month. The outstanding shares have been calculated 253.07M. Based on a recent bid, its distance from 20 days simple moving average is -38.36%, and its distance from 50 days simple moving average is -52.33% while it has a distance of -77.89% from the 200 days simple moving average.
The Williams Percent Range or Williams %R is a well-known specialized pointer made by Larry Williams to help recognize overbought and oversold circumstances. LumiraDx Limited (NASDAQ:LMDX)’s Williams Percent Range or Williams %R at the time of writing to be seated at 88.57% for 9-Day. It is also calculated for different time spans. Currently for this organization, Williams %R is stood at 90.30% for 14-Day, 91.49% for 20-Day, 95.31% for 50-Day and to be seated 97.90% for 100-Day. Relative Strength Index, or RSI(14), which is a technical analysis gauge, also used to measure momentum on a scale of zero to 100 for overbought and oversold. In the case of LumiraDx Limited, the RSI reading has hit 28.62 for 14-Day. | https://www.bovnews.com/2022/07/28/becoming-more-capital-intensive-ptc-inc-ptc-lumiradx-limited-lmdx/ | 2022-07-28T12:35:03Z | https://www.bovnews.com/2022/07/28/becoming-more-capital-intensive-ptc-inc-ptc-lumiradx-limited-lmdx/ | false | 19813 |
STOCKHOLM, July 28, 2022 /PRNewswire/ --
- Total sales MSEK 30 535 (26 499)
- Organic sales growth 6 percent (8)
- Operating income before amortization MSEK 1 760 (1 471)
- Operating margin 5.8 percent (5.6)
- Items affecting comparability (IAC) MSEK –226 (–259), mainly relating to the previously announced transformation programs
- Earnings per share SEK 2.79 (2.09)
- Earnings per share, before IAC, SEK 3.33 (2.64)
- Cash flow from operating activities 53 percent (63)
January-June 2022
- Total sales MSEK 59 133 (52 313)
- Organic sales growth 5 percent (4)
- Operating income before amortization MSEK 3 212 (2 727)
- Operating margin 5.4 percent (5.2)
- Items affecting comparability (IAC) MSEK –360 (–395), mainly relating to the previously announced transformation programs
- Earnings per share SEK 5.09 (3.95)
- Earnings per share, before IAC, SEK 5.90 (4.75)
- Net debt/EBITDA 2.2 (2.2)
- Cash flow from operating activities 25 percent (81)
Comments from the President and CEO
"Strong operational results and completion of Stanley Security acquisition"
We are executing on our strategy to be the leading security solutions partner to our clients with world-leading technology and expertise. We delivered all time high profitability and improved the operating margin to 5.8 percent (5.6) in the second quarter, a level which is significantly higher than the pre-pandemic years.
The good business conditions accelerated in the second quarter with organic sales growth of 6 percent (8), driven by Europe and Ibero-America. As planned, organic sales growth in North America was negative in the second quarter due to the low margin contract terminations from last year and lower extra sales. However, the underlying business in North America is developing very well and we expect organic sales growth to return to positive in the third quarter.
We had great momentum within high-margin security solutions and electronic security sales in the second quarter with 13 percent real sales growth, which represented 23 percent (22) of Group sales.
The operating result for the Group, adjusted for changes in exchange rates, increased by 8 percent in the second quarter. Our operations in North America and Ibero-America delivered strong margin improvement. Europe improved well compared to the first quarter with strong operating result improvement compared to last year, despite continued pressure from costs related to labor shortage and sickness. The inflationary environment is challenging across the Group, but we have successfully managed a positive price and wage balance. Dynamic price increase management is a key priority going forward to ensure quality delivery to our clients.
Our high focus on improving client value and profitability is generating results with higher sales of security solutions and electronic security across all segments together with positive impact from active portfolio management and our transformation programs.
CREATING THE NEW SECURITAS
The transformation program in North America which was finalized in 2021, is delivering value in the day-to-day operations and contributes to the operating margin development. The ongoing business trans-formation programs in Europe and Ibero-America are progressing according to plan and we expect to realize strong financial and operational benefits in the years to come.
In the second quarter, we reached an important sustainability milestone as the first major company in the industry that is committing to the Science Based Targets initiative (SBTi), and we are now beginning the process of developing and validating targets to reduce the Group's climate impact.
On July 22 we closed the acquisition of Stanley Security. We are very pleased that the acquisition is formally completed, and I want to welcome all of Stanley Security's clients and employees into Securitas. Our joint integration preparation work has been solid and we now look forward to accelerating our journey together and immediately executing on our value creation plan.
Bringing together our two great companies is an industry-defining event. Combining our talent and expertise sets us up for stronger growth thanks to an outstanding client offering and we expect significant margin enhancement opportunities going forward. Our shared values and high sustainability ambitions enable us to utilize our potential to provide tech-enabled security solutions that create long-term value for our clients, our shareholders and the society at large.
We are looking forward to update you on the strategy and announce new financial targets at the Investor update on August 24. We are welcoming all our shareholders to participate on this exciting journey in the rights issue connected to the transaction which will be launched in September.
Magnus Ahlqvist
President and CEO
FINANCIAL INFORMATION CALENDAR
August 24, 2022, 2.00 p.m. (CET)
Investor update
November 8, 2022, app. 1.00 p.m. (CET)
Interim Report
January–September 2022
February 7, 2023, app. 1.00 p.m. (CET)
Full-year Report
January–December 2022
For further information regarding Securitas IR activities, refer to
www.securitas.com/investors/financial-calendar
PRESENTATION OF THE INTERIM REPORT
Analysts and media are invited to participate in a telephone conference on July 28, 2022, at 2.30 p.m. (CET) where President and CEO Magnus Ahlqvist and CFO Andreas Lindback will present the report and answer questions. The telephone conference will also be audio cast live via Securitas' website. To participate in the telephone conference, please dial in five minutes prior to the start of the conference call:
US: +1 631 913 1422
Sweden: +46 8 566 426 51
UK: +44 333 3000 804
Please use the following pin code for the telephone conference: 621 490 78#
To follow the audio cast of the telephone conference via the web, please follow the link www.securitas.com/investors/webcasts.
A recorded version of the audio cast will be available at
www.securitas.com/investors/webcasts after the telephone conference.
For further information, please contact:
Micaela Sjökvist, Vice President, Investor Relations +46 76 116 7443
ABOUT SECURITAS
Securitas has a leading global and local market presence with operations in 47 markets. Our operations are organized in three business segments: Security Services North America, Security Services Europe and Security Services Ibero-America. We also have operations in Africa, the Middle East, Asia and Australia, which form the AMEA division. Securitas serves a wide range of clients of all sizes in a variety of industries and segments. Security solutions based on client-specific needs are built through different combinations of on-site, mobile and remote guarding, electronic security, fire and safety, and corporate risk management. We adapt our security solutions based on the risks and needs of each client through increased client engagement and continuously enhanced knowledge. Securitas is listed in the Large Cap segment at Nasdaq Stockholm.
Group strategy
At Securitas, we are leading the transformation of the security industry by putting our clients at the heart of our business. We solve our clients' security needs by offering qualified and engaged people, in-depth expertise and innovation within each of our protective services, the ability to combine services into solutions and by using data to add further intelligence. To execute on our strategy to become a security solutions partner with world-leading technology and expertise, we are focusing on four areas: empowering our people, client engagement, protective services leadership and innovation, and efficiency.
Group financial targets
Securitas has three financial targets:
- An annual average increase in earnings per share of 10 percent
- Net debt to EBITDA ratio of on average 2.5
- An operating cash flow of 70 to 80 percent of operating income before amortization
Securitas has also set a strategic transformation ambition – to double our security solutions and electronic security sales by 2023, compared with 2018.
Securitas AB (publ.)
P.O. Box 12307, SE-102 28 Stockholm, Sweden
Visiting address:
Lindhagensplan 70
Telephone: +46 10 470 30 00
Corporate registration number: 556302–7241
This is information that Securitas AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 1.00 p.m. (CET) on Thursday, July 28, 2022.
This information was brought to you by Cision http://news.cision.com
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SOURCE Securitas | https://www.uppermichiganssource.com/prnewswire/2022/07/28/securitas-ab-interim-report-january-june-2022/ | 2022-07-28T12:36:38Z | https://www.uppermichiganssource.com/prnewswire/2022/07/28/securitas-ab-interim-report-january-june-2022/ | true | 13 |
A man who helped a "lifeless" elderly man who was on the side of the M11 has been hailed a hero by his grateful wife.
On the hottest day ever recorded in the UK to date last week, many people didn't want to leave their homes as the weather was unbearable but one couple had little choice but to nip out to take a relative to hospital.
However, on their return drive back down the M11, the wife, who wished to remain anonymous, noticed her husband "didn't look right".
Somehow he managed to pull the car over to a stop on the hard shoulder before he passed out, leaving his terrified wife fearing for his life as he has a heart condition.
The woman, 86, says they had no air conditioning in their car and opening the windows hadn't helped him.
She checked her phone to call for help, only to her dismay to find the batter had died. Desperate for assistance, she got out of the car and began waving wildly at passers-by for help.
"I was a crazy old lady waving on the side of the road," she told The Mirror. "I couldn't tell you what it felt like on the side of that motorway. When you're in the car you don't realise how fast people are going.
"I just hoped someone would see and call the police."
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For a while it seemed like no one was going to come to their rescue and then, almost out of nowhere, Shaun Smith approached them.
The 31-year-old from Leighton Buzzard had spotted the woman trying to flag someone down and decided to see what was wrong.
He pulled over behind their car and leapt into action, moving the man into his vehicle so he could use the aircon and calling the emergency services.
Shaun, who works as a Site Manager at J. Murphy & Sons Limited, said: "I was driving home from work down the M11, coming up to junction six which is the junction for the M25 towards Watford.
"As I was on the motorway, I saw a car on the hard shoulder in the distance and as I've come up to it I saw a lady and she was she looked like she was in really distressed and she was waving, trying to wave the cars down. You could tell that something was wrong. And also, I noticed that no cars were pulling over. So as I got past I pulled into the hard shoulder.
"She didn't see me at first but when she turned around, I could see the relief on her face. I went up to her and she was like really distressed and upset and she's telling me about her husband and said he was in the driver's seat.
"Straightaway I saw him and he looked lifeless and the windows were open and his head was just hanging out the window and his eyes were closed and there was just nothing. Nothing there. Like just lifeless to me.
"Bare in mind this was on the hottest day of the year. It appeared to me he was struggling in the heat so I asked about the aircon and it wasn't working, so I carried the man into my own car. He could still moan and groan but his legs kept giving way."
Shaun laid the 76-year-old man down on his backseats, cranked the aircon and also offered the couple some water.
He then called for an ambulance, but emergency services told them it would take up to four hours to get to them.
Knowing this could be dangerous for the man, he offered to drive them to A&E, but the woman thought this was also a risk, so they agreed to go home and the ambulance would meet them there.
Shaun drove the couple back to their house, leaving a note on their vehicle with his number and explaining what had happened.
During the journey, he claims the man started to come around a bit more, thanks to the aircon and started to say a few words as they chatted.
It was then Shaun learned that the couple was also having a problem with their electricity - and hadn't been able to use their fan at home that morning.
"She just mentioned in the electrics haven't worked since this morning, downstairs. And obviously, they need the fans and when they get home she was just stressing out that the electrics aren't working and they don't have much family around them.
"I said okay when I get there, I'll have a look and see if I can fix it. I'm a bit of a handyman, I kind of know what I'm doing that kind of thing."
Thankfully it ended up being an easy fix as it was just the breaker that had tripped, so Shaun flipped a switch and all was sorted.
The paramedics then arrived and checked the man over and he is now feeling much better and doing very well. They noted that if Shaun hadn't stopped to help, things could have been much worse for him.
The couple has since praised Shaun for his kindness and help, branding him their own personal "hero".
The wife said: "He took over everything, he brought us home. It all came together. Everything that fella did was right.
"You don't often get a hero, but he was.
"I don't know what we would have done without him.
"He'll always be a hero to us, we cannot praise that boy enough. There's not many like him about. Nothing was too much for him.
"If I ever win the lottery, he'll be at the top of the list."
She went on to say that the experience had been a big lesson for her as well as she'll never go out without ensuring her phone is fully charged again.
Shaun appears to have made friends for life with the couple, who he has spoken with on the phone several times following the incident.
His company have since shared a post about his heroic antics on LinkedIn where it has gone viral, garnering over 84,000 likes and more than 3,700 comments.
The response to this has been "overwhelming" says Shaun.
He added: "To me, it was not really a big deal what I've done but when I got home that night, I obviously felt a bit happy with myself of what I've done. So I just put a post on LinkedIn didn't think anything of it and yeah, it just went from there.
"It's nice to see all the messages I've been getting. And it feels it feels like it's inspired a lot of people. So what I'm hoping for from this is that if other people are ever in that situation, then they might actually think to stop rather than driving past because a lot of cars obviously didn't stop.
"So it'd be nice if people heard the story and then it makes them think twice before they're driving past someone who's in need."
Do you have a hopeful story to share? We want to hear all about it. Email us at yourmirror@mirror.co.uk
Read More
Read More | https://www.mirror.co.uk/news/uk-news/hero-stranger-saves-lifeless-elderly-27593177 | 2022-07-28T12:38:36Z | https://www.mirror.co.uk/news/uk-news/hero-stranger-saves-lifeless-elderly-27593177 | true | 1 |
There is no doubt that South Carolina is one of the most wonderful states in the country. With stunning beaches, amazing views, charming small cities and lots of places where you can spend time in nature, it's no surprise that more and more people love to spend their holidays here.
South Carolina is a great choice all year round and it's a good destination no matter who you are travelling with. Whether you are looking for a nice holiday spot for you and your family and children, whether you want a romantic getaway, or you are simply looking for a beautiful place to go travelling on you own for a few days, you'll definitely find something for your liking in South Carolina.
And if you want to spice things up a bit, I have put together a list of five beautiful but underrated places in South Carolina that you should definitely visit next time you are in the area.
5 beautiful but underrated places in South Carolina
- Hunting Island
- York
- Aiken
- Cheraw State Park
- Beaufort
What do you think about these beautiful places in South Carolina? Have you ever visited any of them? If you have, did you enjoy your time there? Would you recommend other travellers to explore them as well? If you haven't visited any of them, would you like to explore them? Share your thoughts in the comment section down below and don't forget to mention your favorite place in South Carolina, too.
Last but not least, if you enjoyed this article, share it on social media so more people can find out about these beautiful places in South Carolina. | https://original.newsbreak.com/@alina-andras-1592631/2678754559032-5-beautiful-but-underrated-places-in-south-carolina | 2022-07-28T12:40:39Z | https://original.newsbreak.com/@alina-andras-1592631/2678754559032-5-beautiful-but-underrated-places-in-south-carolina | false | 1 |
NAIROBI, Kenya -- 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://abcnews.go.com/Health/wireStory/africas-monkeypox-deaths-vaccine-doses-87539225 | 2022-07-28T12:42:01Z | https://abcnews.go.com/Health/wireStory/africas-monkeypox-deaths-vaccine-doses-87539225 | true | 44 |
- Improving your credit score can save hundreds a month on your mortgage
- A borrower with a "fair" credit score could pay $103,626 more over the life of a 30-year mortgage for the same home than an otherwise identical borrower with an "excellent" score would
- Barriers to housing that result from credit issues are often more profound for people of color
SEATTLE, July 28, 2022 /PRNewswire/ -- Elevated home prices and rising interest rates are feeding into housing affordability woes for potential buyers, especially those with lower credit scores. A new Zillow analysis shows that, nationally, buyers with "fair" credit could be paying up to $288 more on their monthly mortgage payment than those with "excellent" credit.
Today's home shoppers can expect to pay around 62% more per month to buy a typically priced U.S. home than they would have a year ago. Zillow examined credit scores against current mortgage rates and found that such monthly cost increases are exacerbated for millions of Americans with low credit scores or less than perfect credit histories.
A borrower with an "excellent" credit score — between 760 and 850 — can qualify for a 30-year fixed-rate mortgage with a 5.099% interest rate1. For the same loan, a similar borrower with a "fair" credit score — between 620 and 639 — qualifies for a 6.688% rate1. This equates to a $288 difference in monthly mortgage payments and nearly $103,626 in interest over the life of a 30-year fixed loan, based on the current price of a typical U.S. home ($354,165)2.
"When you are thinking about buying a home, the best first step you can take is to fully understand your financial picture, what you can afford and your outstanding debts or obligations," said Libby Cooper, Zillow Home Loans vice president. "If you find you have low credit, take realistic steps to improve your credit score by doing things like disputing possible report errors and paying down as much debt as possible. This could increase the amount of home loan you qualify for."
The chart below illustrates how a buyer's credit profile plays an important role in how much a home ultimately costs. Buyers who make raising their credit score part of their initial steps in the home-buying process typically have more buying power and lower monthly payments.
The cost of buying a typically priced U.S. home based on credit scores3
There is a direct correlation between credit security — having a strong credit history and structural access to credit offerings — and higher homeownership rates. The homeownership rate is lower in counties that are more "credit insecure," meaning they are home to high numbers of residents with poor or no credit history. That cuts off millions — particularly Black and Latinx residents — from the wealth-building advantages of homeownership. Additionally, Black applicants are denied a mortgage at a rate 84% higher than white applicants, and credit history is the most common reason cited for those denials. Limited traditional financial services in Black and other communities of color are a significant factor in the lack of credit history and the inability to build a high credit score.
Fannie Mae and Freddie Mac recently adopted policies that include timely rent payments in their automated underwriting systems. Lenders and brokers can submit bank account data (with borrower permission) to identify 12 months of prompt rent payments to help potential borrowers qualify for a mortgage.
"While inclusion of timely rent payments doesn't change a borrower's credit score, it can have a positive impact on how lenders view a borrower's credit worthiness. This move shows how effective policy changes can help consumers build a strong financial foundation that unlocks homeownership," said Cooper.
About Zillow Group:
Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life's next chapter. As the most visited real estate website in the United States, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and ease.
Zillow Group's affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes, Inc., Trulia®, Out East®, ShowingTime®, Bridge Interactive®, dotloop®, StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org).
1 Based on the FICO Loan Savings Calculator on myfico.com. Rates current as of July 26, 2022.
2 According to the Zillow Home Value Index.
3 Loan calculations assume a 20% down payment on a home cost of $354,165 with a 30-year fixed mortgage. Total loan cost includes the loan value and interest cost over the life of the loan.
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SOURCE Zillow | https://www.fox8live.com/prnewswire/2022/07/28/home-buyers-with-lower-credit-scores-pay-an-extra-104000-mortgage-costs/ | 2022-07-28T12:42:52Z | https://www.fox8live.com/prnewswire/2022/07/28/home-buyers-with-lower-credit-scores-pay-an-extra-104000-mortgage-costs/ | false | 11 |
CAMBRIDGE, Mass. and SUZHOU, China, July 28, 2022 /PRNewswire/ -- Kira Pharmaceuticals, a global clinical-stage biotechnology company pioneering transformational complement therapies to treat immune-mediated diseases, today announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to KP104 for the treatment of Paroxysmal Nocturnal Hemoglobinuria (PNH).
PNH is a rare, life-threatening blood disease that arises due to hyperactivity of the complement system. An intricate constellation of protein pathways, the complement system is a key component of innate immunity. Aberrant activity within this system can be a driver of diseases such as autoimmune and inflammatory conditions. KP104 is a bifunctional, first-in-class biologic with a unique dual-approach mechanism of action. Designed to selectively block the alternative and terminal pathways, KP104 provides a powerful and synergistic method of targeting validated drivers of disease in the complement system. KP104 has also been engineered to have an extended half-life and potency, with a formulation that can be used for both IV and subcutaneous administration.
"Receiving Orphan Drug Designation is a key milestone for Kira, validating KP104's differentiated potential to provide a safe and effective treatment for PNH patients," said Frederick Beddingfield, MD, PhD, CEO at Kira Pharmaceuticals. "As a bifunctional complement therapy targeting both the alternative and terminal pathways, KP104 has the potential to treat complement-mediated diseases where single-target therapies are not adequate. As we enter Phase 2 across multiple indications, we look forward to continued clinical evaluation of KP104 for patients in need."
The FDA's Orphan Drug Designation program provides orphan status to drugs defined as those intended for the treatment, diagnosis, or prevention of rare diseases that affect fewer than 200,000 people in the United States.
KP104 has completed a Phase 1 first-in-human (FIH) study and is entering Phase 2 trials across multiple indications. The Phase 1 clinical trial was a randomized, double blind, placebo-controlled study designed to evaluate the safety, tolerability, pharmacokinetics (PK), and pharmacodynamics (PD) of escalating single and multiple doses of KP104 in healthy volunteers. Kira plans to present this Phase 1 data at a medical conference later this year.
About KP104
KP104 is a bifunctional, first-in-class biologic with a unique dual-approach mechanism of action. Designed to selectively block the alternative and terminal pathways, KP104 provides a powerful and synergistic method of targeting validated drivers of disease in the complement system. KP104 has also been engineered to have an extended half-life and potency and has a formulation suitable for both IV and subcutaneous administrations. KP104 is entering Phase 2 trials across multiple indications, including IgA nephropathy (IgAN), C3 Glomerulopathy (C3G), Thrombotic microangiopathies secondary to systemic lupus erythematosus (SLE-TMA) and Paroxysmal Nocturnal Hemoglobinuria (PNH). Phase 2 trials will be conducted globally including in the U.S., China, Australia, and South Korea.
About Paroxysmal Nocturnal Hemoglobinuria
Paroxysmal Nocturnal Hemoglobinuria (PNH) is a rare, life-threatening blood disease that arises due to hyperactivity of the complement system, part of the innate immune system. Characterized by the destruction of red blood cells, formation of blood clots, and impairment of bone marrow function, PNH affects between 1 and 5 people per million. Due to the complexity of complement biology and multiple pathways driving PNH pathology, there remains a significant unmet medical need for next-generation drugs with better efficacy and convenience of administration than offered by current therapies.
About Kira Pharmaceuticals
Kira Pharmaceuticals is a global clinical-stage biotechnology company pioneering transformational complement therapies to treat immune-mediated diseases. Enabled by its LOGIC platform, the company has developed a pipeline of nine (9) novel assets spanning targets across the complement cascade. Kira is committed to advancing life-changing therapies that will transform the lives of patients globally with complement-driven diseases. Kira Pharmaceuticals is headquartered in Cambridge, Massachusetts with additional offices in Suzhou and Shanghai, China. More information on Kira can be found at www.kirapharma.com and on LinkedIn.
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SOURCE Kira Pharmaceuticals | https://www.kolotv.com/prnewswire/2022/07/28/kira-pharmaceuticals-receives-fda-orphan-drug-designation-kp104-bifunctional-antibody-fusion-protein-treatment-paroxysmal-nocturnal-hemoglobinuria/ | 2022-07-28T12:43:14Z | https://www.kolotv.com/prnewswire/2022/07/28/kira-pharmaceuticals-receives-fda-orphan-drug-designation-kp104-bifunctional-antibody-fusion-protein-treatment-paroxysmal-nocturnal-hemoglobinuria/ | false | 11 |
The federal government is releasing its latest update on the U.S. economy. But numbers showing negative growth in the second quarter of the year will add to fears that a recession is underway.
Copyright 2022 NPR
The federal government is releasing its latest update on the U.S. economy. But numbers showing negative growth in the second quarter of the year will add to fears that a recession is underway.
Copyright 2022 NPR | https://www.publicradiotulsa.org/2022-07-28/gdp-report-will-give-clues-as-to-whether-the-u-s-is-in-a-recession | 2022-07-28T12:48:34Z | https://www.publicradiotulsa.org/2022-07-28/gdp-report-will-give-clues-as-to-whether-the-u-s-is-in-a-recession | false | null |
Transparency committee to hold closed-door meeting on phone hacking allegation
The Greek Parliament’s Committee on Institutions and Transparency will meet in a closed-door session on Friday to discuss the allegations of an attempted phone bugging made by socialist opposition PASOK party leader Nikos Androulakis.
Androulakis, leader of Greece’s third-largest political party and a member of the European Parliament, lodged a complaint on Tuesday with senior court prosecutors after he discovered an attempt to tap his mobile phone using the illegal surveillance spyware Predator. He was informed of the bugging by a cyber security service provided by the European Parliament.
The committee has summoned the head of the Greek Intelligence Service (EYP), Panagiotis Kontoleon, and the president of the independent Hellenic Authority for Communication Security and Privacy (ADAE), Christos Rammos, to give testimony, while the session will also be attended by State Minister Giorgos Gerapetritis and Digital Governance Minister Kyriakos Pierrakakis.
Both main opposition SYRIZA-Progressive Alliance and the PASOK-KINAL party demanded on Wednesday that the committee be immediately convened and question the two officials, calling the hacking attempt a “major ethical and political issue.” The proposal was also backed by the other opposition parties.
Prime Minister Kyriakos Mitsotakis contacted on Thursday Parliament President Kostas Tasoulas and asked that the committee meet as soon as possible.
Androulakis revealed that he received a text message on September 21, 2021, with a link that would have installed the spyware Predator, but he never clicked on it. He then sent his phone to Toronto University’s Citizen Lab, which tracks the spyware industry, which confirmed the attempt.
In April this year, a Greek prosecutor began an investigation into an allegation by a journalist that his smartphone had been infected by surveillance software in an operation by the country’s intelligence service. | https://www.ekathimerini.com/news/1190106/transparency-committee-to-hold-closed-door-meeting-on-phone-hacking-allegation/ | 2022-07-28T12:49:57Z | https://www.ekathimerini.com/news/1190106/transparency-committee-to-hold-closed-door-meeting-on-phone-hacking-allegation/ | true | 1 |
OLC's Framework on Storying Digital Change Work is Recognized in United Nations Education Scientific And Cultural Organization's (UNESCO) International Database
BOSTON, July 28, 2022 /PRNewswire/ -- The OLC report, "Advancing Universal Access to Quality Digital Learning Through Global Coalitions and Narrative Practices", is now featured in the prominent United Nations Educational, Scientific and Cultural Organization (UNESCO) database for the 3rd UNESCO World Higher Education Conference (WHEC2022).
Published as an open knowledge product to be widely and freely accessible, this playbook helps educators document their current progress while roadmapping future initiatives. OLC's framework was designed in alignment with all 17 UN Sustainable Development Goals, including Quality Education.
"Our report serves as a concise guide to address the needs of educators seeking to ensure that online, blended, and digital learning is equitable within their own local contexts," said OLC Director of Community Strategy and Engagement Madeline Shellgren. "It provides models for professional learning, partnership, and collaboration on digital learning change work through global coalitions."
Indeed, the report's framework emphasizes collaboration with educators' local and global communities in order to create quality, equitable digital education at any scale. This includes individual digitally-mediated courses as well as those across online programs and within institutional, system-wide, and countrywide digital strategies.
In this two-part report, OLC shares a pair of case studies of digital learning change work in support of the advancement of the United Nation's Sustainable Development Goals. Beyond the application of the fourth goal (Quality Education), both sections of the report detail how all 17 of the goals were leveraged, using digital and collaborative storytelling, rhetoric, metaphor, and other practices to increase understanding, empathy, and impact across globally-situated communities of practice.
Part 1 - "Developing an International Leadership Institute on Global Coalition Building and Digital Learning Change Work" discusses the conception, design, and development of the Institute for Emerging Leadership in Online Learning (IELOL) Global, an ecosystem with an international leadership academy that builds global partnerships to increase access to quality education worldwide.
Part 2 - "Creating a Narrative Framework for Advancing Digital Learning Equity" presents the OLC's process for developing an interactive tool for capturing and sharing the stories of digital learning leaders to address locally contextualized challenges related to online, blended, and digital learning. OLC has created an open framework that anyone can use, remix, and redistribute on storytelling digital change work.
"All educators working across a multitude of modalities and contexts are invited to explore the action-oriented approaches shared within this report. Whether you are new to digital learning or global coalition building, this report will help you to create a foundation for quality and equitable digital education at any scale," said OLC Chief Executive Officer Jennifer Mathes, Ph.D.
Indeed, the report spans an important cornerstone of OLC's breadth of planning and resources for online and blended learning changemakers. This focal case study details the OLC's IELOL Global Institute for Emerging Leadership in Online Learning (IELOL) ecosystem, which encompasses expansive programming and virtual events to create intentional spaces for leaders around the world to collaborate and advance best practices in their field.
To view the full report, please visit the UNESCO World Higher Education Conference website (or access the report directly). Persons interested in working with the OLC on these important issues can apply to the OLC's IELOL Global's Core Program, register for the now fully asynchronous IELOL Regional Colloquy and contribute to OLC Global using the interactive version of the storytelling framework.
How To Cite The Report: Shellgren, M., Gunder, A. (2022). Advancing universal access to quality digital learning through global coalitions and narrative practices. Online Learning Consortium.
For more info and to get involved with the OLC, contact madeline.shellgren@onlinelearning-c.org.
This report is elaborated and disseminated as a contribution to the 3rd World Higher Education Conference (WHEC) organised by UNESCO on May 18-20, 2022, with the purpose of enhancing the contribution of higher education institutions and systems world-wide, under the 2030 Agenda for Sustainable Development, its pledge to leave no one behind, and looking at the Futures of Education. The content of this publication does not necessarily express the views of UNESCO or its Member States.
WHEC2022 issued a global invitation to organizations and alliances that wished to produce and share knowledge, research, practices, and impactful ideas to enhance higher education institutions and systems, locally and internationally. The invitation for submissions and the following review process was open to diverse entities (within and outside the UN system) willing to establish a partnership with UNESCO under the purpose and main themes of the WHEC2022.
Through its participation in WHEC2022, this OLC report is an open invitation and call-to-action to global educators and advocates to join in the efforts documented here, both in sharing their individual stories and amplifying the stories of those whose wisdom will otherwise be lost.
OLC is a collaborative community of higher education leaders and innovators, dedicated to advancing quality digital teaching and learning experiences designed to reach and engage the modern learner – anyone, anywhere, anytime. Learn more at onlinelearningconsortium.org.
Contact Madeline Shellgren
marketing@onlinelearning-c.org
617-716-1414 ext. 329
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SOURCE Online Learning Consortium | https://www.wifr.com/prnewswire/2022/07/28/unesco-publishes-olc-report-advancing-universal-access-quality-digital-learning/ | 2022-07-28T12:53:20Z | https://www.wifr.com/prnewswire/2022/07/28/unesco-publishes-olc-report-advancing-universal-access-quality-digital-learning/ | true | 11 |
BUCHANAN, Va., July 28, 2022 /PRNewswire/ -- Buchanan-based Bank of Botetourt (OTCPK: BORT) announced today its unaudited financial results for the three and six months-end June 30, 2022. The Bank produced net income amounting to $1,763,000 or $0.91 per basic share in the second quarter. This amount compares to a net income of $1,582,000 or $0.83 per share, for the same period last year. For the six months-ended the Bank produced net income amounting to $3,306,000 or $1.72 per basic share. This amount compares to a net income of $3,562,000 or $1.87 per share, for the same period last year.
At June 30, 2022, select financial information and key highlights include:
- Return on average assets of 0.94%
- Return on average equity of 11.26%
- Book value of $29.86
- Total deposit growth of 9.74%
- Total asset growth of 8.09%
- Total loan growth of 1.88%
- Community Bank Leverage Ratio of 8.84%
- Strong liquidity position
- Net interest margin of 3.26% at June 30, 2022 compared to 3.03% one year prior.
As a result of the solid financial performance, the Board of Directors voted to pay the $0.185 per share quarterly dividend, or $0.74 per share annualized which is payable on August 19, 2022 to shareholders of record August 12, 2022. President & CEO, G. Lyn Hayth, III stated, "We have had a strong 2022 so far spurred by steady loan and deposit growth. This momentum has helped our bank exceed budget expectations the first six months of the year."
Results of Operations
Net income for the three months ended June 30, 2022 was $1,763,000 compared to $1,582,000 for the same period last year, representing an increase of $181,000 or 11.4%. Basic and diluted earnings per share increased $0.08 from $0.83 at June 30, 2021 to $0.91 at June 30, 2022. The increase in net income is primarily due to $301,000 increase in investment income and $74,000 increase in interchange fees, offset by $225,000 provision for loan loss.
The provision for loan losses was $225,000 for the three months ended June 30, 2022 as compared to no provision for the three months ended June 30, 2021. The increase in bad debt expense is due to an increase in the historical loss factor on loans and inflationary concerns in the economy. In determining the estimated allowance, the Bank considered national and local unemployment trends, market conditions, and customer requests for payment deferrals. Net charge-offs were $233,000 at June 30, 2022 as compared to $18,000 at June 30, 2021.
At June 30, 2022 net loans increased 1.88%. Interest and fees on loans at June 30, 2022 decreased $316,000 over the same three month time period of 2021 primarily due to a $234,000 decrease in PPP loan servicing fees. Interest expense decreased by $258,000 from $691,000 at June 30, 2021 to $433,000 at June 30, 2022. The lower interest expense is a result of lower interest rates paid on the balances of interest-bearing deposits than for the same time period of 2021.
Noninterest income increased by $442,000, or 52.6%, to $1,282,000 for the three months ended June 30, 2022 compared to $840,000 for same time period of 2021. The increase is attributable primarily to $130,000 increase in service charges on deposit accounts, $68,000 increase in fees and commissions from wealth management division, and $74,000 in interchange fees related to customer debit cards.
Noninterest expense increased $455,000 from $3,792,000 at June 30, 2021 to $4,247,000 at June 30, 2022. The increase is primarily related to an increase in salary and employee benefits expense for the quarter. The majority of the increase in salaries expense is related to the recognized deferred costs of PPP lending during the quarter.
Income tax expense for the three months ended June 30, 2022 was $452,000 compared to $410,000 one year prior. The increase in tax expense is due to higher revenue for the quarter.
Financial Condition
At June 30, 2022 total assets amounted to $717,433,000, an increase of 8.1% above total assets at December 31, 2021 of $663,766,000, an increase of $53,667,000. Total net loans increased $7,997,000 or 1.9% from $425,902,000 at December 31, 2021 to $433,899,000 at June 30, 2022. Total deposits at December 31, 2021 amounted to $598,659,000, compared to $656,985,000 at June 30, 2022, an increase of 9.7% or $58,326,000. The increase in deposits is attributable to organic growth.
Stockholders' equity totaled $57,553,000 at June 30, 2022 compared to $59,137,000 at December 31, 2021. The $1,584,000 decrease during the period is due to an increase in accumulated other comprehensive loss offset by net income for 2022, net proceeds from the issuance of common stock from the Dividend Reinvestment and Stock Purchase Plan.
Non-Performing Assets
Non-performing assets, which consist of nonaccrual loans and foreclosed properties decreased from $1,757,000 at December 31, 2021 to $1,499,000 at June 30, 2022. The decrease is attributable to the sale of a foreclosed property during the quarter with a gain on sale of approximately $21,000 and the charge-off of a consumer nonaccrual loan and payments on existing nonaccrual loans. Following the sale, no foreclosed properties remain and therefore nonaccrual loans were $1,499,000 at June 30, 2022 compared to $1,730,000 at December 31, 2021. There were no new additions to nonaccruals loans during the quarter. The decrease in nonaccrual loans is attributable to the charge-off of the aforementioned consumer loan.
A loan is considered impaired if it is probable that the Bank will be unable to collect all amounts due under the contractual terms of the loan agreement. Impaired loans amounted to $2,279,000 June 30, 2021 compared to $2,915,000 at December 31, 2020. Loss exposure on impaired loans decreased from $204,000 at December 31, 2021 to $56,000 at June 30, 2022. The decrease is attributable to the charge-off of one consumer loan with a specific reserve of $198,000, offset by the addition of a specific reserve of $50,000 for an existing nonaccrual commercial real estate owner occupied loan.
The Bank historically makes a conscious effort to attempt work-out loan scenarios with past due customers. In some cases, loan restructuring is appropriate. Bank management has procedures and processes in place to identify, monitor, and report troubled debt restructurings. At June 30, 2022, troubled debt restructurings ("TDRs") totaled $1.2 million and were spread among various loan categories. No new TDRs have been identified in 2022.
Capital Ratios
Bank of Botetourt qualified for and adopted the optional, simplified measure of capital adequacy, the community bank leverage ratio framework, consistent with Section 201 of the Economic Growth, Regulatory Relief, and Consumer Protection Act. A qualifying community banking organization is defined as having less than $10 billion in total consolidated assets, a leverage ratio greater than 9%, off-balance sheet exposures of 25% or less of total consolidated assets, and trading assets and liabilities of 5% or less of total consolidated assets. It also cannot be an advanced approaches institution. Bank of Botetourt qualified to opt-in to the Community Bank Leverage Ratio ("CBLR"). As of June 30, 2022 Bank of Botetourt reported its CBLR ratio at 8.84% which is below the required regulatory minimum ratio. This compares to a CBLR ratio of 9.14% at December 31, 2021. The Bank is provided a two-quarter grace period, starting June 30, 2022 and ending December 31, 2022 to restore its ratio to 9%. If the Bank fails to meet the community bank leverage ratio qualifying criteria after the grace period, the Bank will opt out of the CBLR with the filing of the December 31, 2022 call report.
Paycheck Protection Program
Bank of Botetourt was a participant in the Paycheck Protection Program ("PPP") initiated by the U.S. Department of the Treasury. Both rounds of PPP lending totaled $44,200,000, with $43,470,000 receiving forgiveness from the SBA through June 30, 2022. As a result, $730,000 thousand of PPP loans remain on the balance sheet at the end of the second quarter. Deferred PPP loan servicing fees totaled $92,000 at June 30, 2022 while the Bank recognized $368,000 in revenue during 2022.
Bank of Botetourt was chartered in 1899 and operates thirteen retail offices in Botetourt, Rockbridge, Roanoke, and Franklin counties, the City of Salem, and the Town of Vinton, all in Virginia. Bank of Botetourt also operates a mortgage division, Virginia Mountain Mortgage and a financial services division, Botetourt Wealth Management.
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SOURCE Bank of Botetourt | https://www.ky3.com/prnewswire/2022/07/28/bank-botetourt-posts-profitable-second-quarter-financial-results/ | 2022-07-28T12:53:39Z | https://www.ky3.com/prnewswire/2022/07/28/bank-botetourt-posts-profitable-second-quarter-financial-results/ | true | 11 |
The heartbroken family of an 'inseparable' couple who were stabbed to death by their son say they fear they 'will never get to know the truth of what happened'. Lee Tipping, 36, was found guilty by a jury last month of the murders of his parents, teenage sweethearts Tricia Livesey and Anthony Tipping, at the home all three shared.
Tipping - who was deemed fit to be interviewed and was subsequently charged with both murders after initially being detained by police under the Mental Health Act - was jailed for life today. He was ordered to serve a minimum of 27 years before he is eligible for parole.
Tipping stabbed his dad at least 131 times before turning the knife on his frail mum and inflicting at least 153 stab and slash wounds to her six-stone body, a court heard. He then fled to Manchester Airport in an attempt to leave the country but panicked when he saw armed police and later tried to check into a Premier Inn in Manchester city centre, where he was later arrested, reports Lancs Live.
Tricia, 57, and Anthony, 60 - who first met as teenagers - were found dead inside their home in the Lancashire village of Higher Walton, near Preston, in November last year. A post-mortem examination showed they both died from multiple stab wounds.
In a moving statement issued by police after today's sentencing hearing at Preston Crown Court, the couple's family hit out at 'lies' Tipping told in court about his parents - claims that were rejected by the sentencing judge who said they provided nothing but the best of care for him after he had spent periods as an inpatient at a mental health unit.
And Mr Justice Goose referenced 'savage and extreme' violence following an argument over a broken door.
In the statement, the couple's family said dad Anthony 'loved his son and put him on a pedestal all his life'.
To his mum, Tricia, Tipping was 'her baby, her world', they added, saying she 'put up with behaviour from Lee that no other mother would do'. "That day changed our world forever; we lost two people at once," said the family as Tipping began his sentence.
"The loss of Tricia and Anthony has not been like a normal bereavement. We never got to say goodbye, and we will never get to know the truth of what happened that night.
"The weeks and months that followed Tricia and Anthony's death, we didn't want to get up. Our nightmare was real and it got worse as when the shock had subsided, the reality set in. Since their deaths, how Tricia and Anthony died has been at the forefront of our minds, constantly replaying the news, wondering how it could have happened, wanting to know that they didn't suffer.
"Tricia and Anthony have been together since they were teenagers; they loved each other deeply and were inseparable. Not only has this broken our family but our lives will never be the same again. We live in a horrid nightmare which no one would think could ever happen to them.
"Family holidays like Christmas and birthdays will never be the same. We would always gather as a family.
"One of the hardest parts of court has been listening to the lies that Lee has told. Anthony was not a bully, he loved his son and put him on a pedestal all his life. He would not have someone say a bad word about Lee. Anthony was the core of our family, our go-to person.
"Everyone went to him for advice, or help. He did everything for our families and would drop what he was doing to help, whether you were a family member, friend, neighbour or even Lee. Likewise, the portrait that Lee has painted of his mother, Tricia, could not be further from the truth.
"Lee would have strangers believing that his mother neglected him; Tricia loved Lee, he was her baby, her world. Tricia had the patience of a saint, she put up with behaviour from Lee that no other mother would do; they both had high hopes for their only son.
"Tricia and Anthony should have been able to retire and be happy, enjoy their house, their family and friends, they should have been able to enjoy their lives together. But due to the actions of Lee, they are not here, their happy retirement has been taken from them.
"The loss of Tricia and Anthony has left a gaping hole in our hearts."
Police were called at 1.40pm on November 20 last year to a concern for the safety of the occupants of the property in Cann Bridge Street, Higher Walton. Officers forced entry and sadly found the bodies.
In a statement, Lancashire Police said: "Lee Tipping was arrested on suspicion of murder and was subsequently detained under the Mental Health Act. After a full review he was deemed fit for interview and after consultation with the Crown Prosecution Service he was charged with both murders.
"Tipping admitted to killing his parents but denied murder, claiming self-defence and loss of control against his father and loss of control in relation to the death of his mother. Following a four-week trial, a jury rejected his defence and found Tipping guilty of two counts of murder."
Detective Chief Inspector Jill Johnston, of the Force Major Investigation Team, said: "I welcome the life sentence handed down to Lee Tipping by the courts, which reflects the seriousness of his offending and was aggravated by his lack of remorse.
"Although no sentence can and will never make up for the horrific, sustained and violent attack Lee subjected his parents to, I hope that Tricia and Anthony’s families and friends get some sense of closure knowing that this case has now come to a conclusion. They have remained incredibly dignified throughout this investigation and my thoughts remain with them at this very difficult time."
Read more of today's top stories here
READ NEXT: | https://www.manchestereveningnews.co.uk/news/greater-manchester-news/tragedy-of-inseparable-couple-brutally-24610539 | 2022-07-28T12:53:53Z | https://www.manchestereveningnews.co.uk/news/greater-manchester-news/tragedy-of-inseparable-couple-brutally-24610539 | false | 2 |
The study undertaken by Astute Analytica foresees a tremendous growth in revenue of the market for global affiliate marketing platform market from US$ 19,217.4 Million in 2021 to US$ 36,902.1 Million by 2030. The market is anticipated to grow at a CAGR of 7.7% during the forecast period 2022-2030.
Affiliate marketing can be done using dedicated standalone software, or third-party intermediaries by referring a product or service by sharing it on a blog, social media platforms, or website. The affiliate marketing platform market is gaining popularity among small brands and publishers because it is easy to operate and involves a small investment.
Moreover, the affiliate earns a commission whenever someone makes a sale through their recommendation, it includes onboarding, tracking and reporting sales and clicks, managing referrals, optimizing site traffic, and paying commissions. The market is driven by various successful models such as cost-per-click, cost-per-action and others. In addition to this, affiliate marketing has already had its roots in various sectors such as fashion, computer and electronics, sports associated products, travel, health wellness and beauty.
Request Sample Copy of Research Report @ https://www.astuteanalytica.com/request-sample/affiliate-marketing-platform-market
On the basis of product, the cost per sale segment is estimated to project the largest market share and highest CAGR in the global affiliate marketing platform market over the forecast period. Moreover, by application, the virtual products segment dominated the affiliate marketing software market in 2021 and is also projected to grow at the highest CAGR over the forecast period due to better commissions offered as compared to physical products. Furthermore, on the basis of industry, the retail and e-commerce industry hold the largest market share in 2021 and is anticipated to project the highest CAGR over the forecast period due to the increase in number of online buyers. Also, based on channel, the the direct sale segment is estimated to have the highest market share 2021, and is expected to project the highest CAGR during the forecast period. In addition to this, by regional outlook, Asia Pacific is anticipated to hold the largest share in the global affiliate marketing platform market over the forecast period.
Market Dynamics and Trends
Drivers:
The generation of income and employment through affiliate marketing business models and cost-effective program for businesses will boost the global affiliate marketing platform market during the forecast period. Affiliate marketing is a performance-based platform and has become a renowned approach to drive sales and generate significant revenue online. Affiliate marketing programs includes, content marketing programs (blogs and web pages), coupon-site programs, digital assets and many more that generates income to people. Moreover, as affiliate marketing programs brings high commission to the marketers, it is equally embraced by various business owing to low-cost structure of the advertising the product.
Restraints:
Existence of affiliate fraud is a restraining factor which inhibits the growth of the affiliate marketing platform market during the forecast period. As web browsing and online shopping is on the rise, companies & brands have adopted affiliate marketing to a large extent. It also has a risk of fraud involved in affiliate marketing programs such as cookie stuffing, attribution fraud (app installs), typo squatting, stolen data for generating leads are some of the methods of affiliate frauds.
Trend:
The ongoing trend of voice searches and AI creates a significant growth opportunity for the affiliate marketing platform market. Artificial intelligence powered Amazon Connect makes it simple for any business to convey better client care at lower cost. Moreover, by using affiliate automation technologies, affiliates gain the efficiency, insight and optimization needed to drive changes and deliver results.
Global Affiliate Marketing Platform Market Country Wise Insights
- North America Affiliate Marketing Platform Market-
US holds the major share in terms of revenue in the North America affiliate marketing platform market in 2021 owing to development of new technologies and availability of highly skilled publishers in the region. The high market share of US is also due to the presence of many affiliate marketing platform providers in the country. Whereas Canada is projected to grow with the highest CAGR during the forecast period. Moreover, in terms of product, the cost per sale segment is estimated to project the largest market share and highest CAGR in the North America affiliate marketing platform market over the forecast period.
- Europe Affiliate Marketing Platform Market-
UK is expected to project the highest CAGR in the Europe affiliate marketing platform market during the forecast period. Whereas, Germany dominated the Europe affiliate marketing platform market in 2021. Moreover, in terms of application, the virtual products segment dominated the affiliate marketing platform market in 2021 and is also projected to grow at the highest CAGR over the forecast period.
- Asia Pacific Affiliate Marketing Platform Market-
Japan is the highest share holder region, and India is projected to grow with the highest CAGR of 9.8% in the Asia Pacific affiliate marketing platform due to the increasing demand for affiliate marketing in the country. Whereas, in terms of industry, the retail and e-commerce industry hold the largest market share in 2021 and is anticipated to project the highest CAGR over the forecast period due to the increase in number of online buyers.
- Middle East & Africa Affiliate Marketing Platform Market-
South Africa is the highest shareholder in 2021 and is also projected to grow with the highest CAGR during the forecast period in the MEA affiliate marketing platform market. The market for affiliate marketing platform in Middle East & Africa will have steady growth in the coming years as the retail industry is significantly gaining the momentum.
- South America Affiliate Marketing Platform Market-
Brazil is the highest shareholder country in the South America affiliate marketing platform in 2021 and is also projected to grow with the highest CAGR of 4.7%. Furthermore, based on channel, the direct sale segment is estimated to have the highest market share 2021, and is expected to project the highest CAGR during the forecast period. Direct sale is always been a clear communication channel between manufacturer and buyer which is why it is highly preferred by customers.
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Competitive Insight:
Global Affiliate Marketing Platform Market is highly competitive in order to increase their presence in the marketplace. Some of the key players operating in the global affiliate marketing platform market include Admitad, Affiliatly, Alibaba, Amazon, Inc., AWIN, Bluehost, CJ Affiliate, ClickBank, Converting Team, CrakRevenue, eBay Inc., Everflow, iDev Affiliate, Leaddyno, Leadpages, Omnistar Affiliate, Post Affiliate Pro, ReferralCandy, Refersion, ShareASale, Shopify Inc., Studiopress and Tradedoubler AB among others.
Segmentation Overview
Global Affiliate Marketing Platform Market is segmented based on product, application, industry, channel and region. The industry trends in the global affiliate marketing platform market are sub-divided into different categories in order to get a holistic view of the global marketplace.
Following are the different segments of the Global Affiliate Marketing Platform Market:
- By Product segment of the Global Affiliate Marketing Platform Market is sub-segmented into:
- Cost Per Sale
- Cost Per Lead
- Cost Per Click
- By Application segment of the Global Affiliate Marketing Platform Market is sub-segmented into:
- Physical Products
- Virtual Products
- By Industry segment of the Global Affiliate Marketing Platform Market is sub-segmented into:
- Transportation
- Hospitality
- Healthcare
- BFSI
- Banks
- Investment/Trading Firms
- Multi Asset Brokers
- Others
- Entertainment and Media
- Retail and e-commerce
- Consumer Goods
- ITeS
- Payment and Ticketing
- Sales and Marketing
- Others
- By Channel segment of the Global Affiliate Marketing Platform Market is sub-segmented into:
- Direct Sale
- Distribution Channel
- By Region segment of the Global Affiliate Marketing Platform Market is sub-segmented into:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
- North America
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About Astute Analytica
Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe.
They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us.
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Essential-Nature of Leading Battery Retailer Affords Franchise Partners Confidence in Brand's Market Viability
HARTLAND, Wis., July 28, 2022 /PRNewswire/ -- After having been riddled by economic disruptions on a near-constant basis for the past two years, experts anticipate the struggles of the American marketplace to come to a head in the very near future. And while expectations for a possible recession appear to be rising by the day, a handful of brands and industries have found themselves well-positioned to withstand such calamity. They're considered recession-proof businesses, a term that Batteries Plus, the nation's largest and fastest-growing battery, light bulb, key fob and phone repair franchise, credits for their uninhibited expansion and current projections for continued development.
In an increasingly battery-powered world, the product lines and services made available by the 700+ locations in the Batteries Plus system have become all the more integral to the communities they call home. Severe economic downturns or otherwise, the reality of that remains unwavering. It's the brands proven track record of riding out market volatility that has attracted an ongoing stream of new franchise prospects and made 2022 a record-breaking year for the Batteries Plus team thus far.
More significant still is the deep roster of experienced industry executives leading the advancement and providing system-wide guidance to the franchise. Coupled with the collaborative culture that franchisees hold with one another, every location is fortified with a support system primed to share insights, best practices, and business advice meant to help any and all franchise partners in keeping their doors open, their shelves stocked, and operations consistent.
"Economic roadblocks have been a very real factor this year for most businesses, and there's yet to be any signs of that subsiding. Quite the opposite, in fact," said Joe Malmuth, Vice President of Franchise Development and Relations. "But the insulation of the Batteries Plus brand has left it on continued track for another record-breaking year of growth in 2022. A clear indicator for the franchise's resilience and safety of investment."
The brand's products and services are adaptable by nature, and as technology evolves, so does Batteries Plus, and its continuous, consistent training makes it possible for all franchisees and employees to keep up. Partnerships with top-of-the-line product providers like Duracell and X2Power are just one of the ways the brand stays ahead of the curve, ensuring its customer base is given access to the latest upgrades available on the market. And as technology continues to advances amid even the most tumultuous of times, such practices are what have and will continue to make Batteries Plus recession-proof.
Looking toward the future, obstacles may surface, but it's nothing the franchise hasn't faced before. Batteries Plus has been in operation since 1988, with the brands franchise opportunity having been in place since 1992—that's more than 30 years of experience running a business that has only grown over time. The franchise, as well as its individual franchisees, has remained profitable through multiple recessions and has shown itself to be more than capable of withstanding whatever may come next.
To learn more about Batteries Plus, including information on the franchise opportunity or tour a store virtually, visit batteriesplusfranchise.com.
ABOUT BATTERIES PLUS:
Batteries Plus, founded in 1988 and headquartered in Hartland, WI, is a leading omnichannel retailer of batteries, specialty light bulbs and phone repair services for the direct-to-consumer and commercial channels. The retailer also offers key programming, replacement and cutting services. Through a nationwide network of stores, the company offers a differentiated value proposition of unrivaled product selection, in-stock availability and customer service. Batteries Plus is owned by Freeman Spogli, a private equity firm based in Los Angeles and New York City. To learn more about one of Forbes®' Best Franchises to Buy in America, visit https://www.batteriesplusfranchise.com.
MEDIA CONTACT: Conner Gossel, Fishman Public Relations, cgossel@fishmanpr.com or 937-545-9812
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GRAND RAPIDS, Mich., July 28, 2022 /PRNewswire/ -- The M&A Advisor recently announced that Blackford Capital's Andrew Hakim has been recognized as a recipient of the 13th Annual M&A Advisor Emerging Leaders Awards. The awards recognize professionals under the age of 40 from across the United States for their leadership in M&A, financing and restructuring. The winners were chosen from a competitive field for their accomplishments in business and community service by an independent panel.
Mr. Hakim, currently serving as a Vice President at Blackford Capital, a lower middle market Private Equity firm based in Grand Rapids, has been chosen from a pool of prominent nominees for his notable accomplishments in business and in service to the community. Andrew leads the firm's Portfolio Company Operations team and is responsible for key aspects of analyzing, acquiring, capitalizing, growing, and exiting the firm's equity investments.
Raised in West Michigan, Mr. Hakim earned both undergraduate and graduate degrees in Engineering from the University of Michigan. Following the award of his Master's Degree in 2013, he began his career in Chicago as a management consultant for Kearney, focusing on executive's most pressing problems across some of the largest and most prestigious organizations in the world. Ready to take his personal and professional life to the next level, Mr. Hakim returned to Michigan– where he decided he wanted to raise his family – and joined Blackford Capital as an Associate in 2018.
"I am honored to be acknowledged by The M&A Advisor as one of this year's Emerging Leaders," said Hakim. "I'm tremendously grateful to Martin Stein and the rest of the Blackford Capital leadership team for setting me up for success from day one. My growth in the industry is a testament to the opportunities I've been given during my time here. I strive to give the same level of guidance, empowerment and inspiration to other professionals as they progress their careers."
The M&A Advisor, renowned globally for its recognition and presentation of leading M&A, financing and turnaround professionals, created this recognition awards program to promote mentorship and professional development amongst the emerging leaders of corporate finance and dealmaking industries.
"Andrew has been an exceptional addition to the Blackford Capital team since he first walked through our doors in 2018," said Martin Stein, Blackford Capital founder and managing director. "He has an impressive business acumen and it's been a pleasure to watch him grow as a private equity professional; to see – firsthand – how his business savvy and impeccable character combine to achieve excellence in even the everyday activities."
For a complete list of the 2022 Emerging Leaders Award Winners Click Here.
Founded in 2010, Blackford Capital is a private equity investment firm headquartered in Grand Rapids, Michigan. Blackford acquires, manages, and builds founder and family-owned, lower middle-market companies, with a focus on the manufacturing, industrial and distribution industries. With a reputation for a relentless approach to value creation and a focus on operational excellence, Blackford was named the Private Equity Firm of the Year by M&A Advisor in 2021 and 2018. The firm has also received Deal of the Year honors from M&A Advisor in multiple categories, and its portfolio companies have also been included on the Inc. 5000. For more information, visit www.blackfordcapital.com.
Amy Romano, Senior Director
Lambert
aromano@lambert.com
480-577-9989
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KFAR-SAVA, Israel (AP) _ Silicom Ltd. (SILC) on Thursday reported net income of $4.5 million in its second quarter.
The Kfar-Sava, Israel-based company said it had net income of 67 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 70 cents per share.
The provider of servers and network computing appliances posted revenue of $34.2 million in the period.
For the current quarter ending in October, Silicom said it expects revenue in the range of $38 million to $40 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SILC at https://www.zacks.com/ap/SILC | https://www.darientimes.com/business/article/Silicom-Q2-Earnings-Snapshot-17334675.php | 2022-07-28T12:57:55Z | https://www.darientimes.com/business/article/Silicom-Q2-Earnings-Snapshot-17334675.php | false | null |
Tear Notch Retort Pouch Market – Global Outlook and Forecast 2022-2028
This report contains market size and forecasts of Tear Notch Retort Pouch in global, including the following market information:
Global top five Tear Notch Retort Pouch companies in 2021 (%)
The global Tear Notch Retort Pouch market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
Download FREE Sample of this Report @ https://www.statsmarketresearch.com/download-free-sample/7208796/global-tear-notch-retort-pouch-2022-2028-124
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Polypropylene Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tear Notch Retort Pouch include DNP America, LLC (Dai Nippon Printing Co., Ltd.), HPM Global Inc., Sopakco Packaging, Fujimori Kogyo Co., Ltd., Clifton Packaging Group Limited, Constantia Flexibles (Wendel) and Floeter India Retort Pouches (P) Ltd (Paharpur Group), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Tear Notch Retort Pouch manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tear Notch Retort Pouch Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Tear Notch Retort Pouch Market Segment Percentages, by Type, 2021 (%)
Table of content
1 Introduction to Research & Analysis Reports
1.1 Tear Notch Retort Pouch Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Tear Notch Retort Pouch Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Tear Notch Retort Pouch Overall Market Size
2.1 Global Tear Notch Retort Pouch Market Size: 2021 VS 2028
2.2 Global Tear Notch Retort Pouch Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Tear Notch Retort Pouch Sales: 2017-2028
3 Company Landscape
3.1 Top Tear Notch Retort Pouch Players in Global Market
3.2 Top Global Tear Notch Retort Pouch Companies Ranked by Revenue
3.3 Global Tear Notch Retort Pouch Revenue by Companies
3.4 Global Tear Notch Retort Pouch Sales by Companies
3.5 Global Tear Notch Retort Pouch Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Tear Notch Retort Pouch Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Tear Notch Retort Pouch Product Type
3.8 Tier 1, Tier 2 and Tier 3 Tear Notch Retort Pouch Players in Global Market
3.8.1 List of Global Tier 1 Tear Notch Retort Pouch Companies
3.8.2 List of Global Tier 2 and Tier 3 Tear Notch Retort Pouch Companies
4 Sights by Product
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Global Tear Notch Retort Pouch Market Insights and Forecast to 2028 | https://galleonnews.com/uncategorized/410844/tear-notch-retort-pouch-market-global-outlook-and-forecast-2022-2028/ | 2022-07-28T12:58:58Z | https://galleonnews.com/uncategorized/410844/tear-notch-retort-pouch-market-global-outlook-and-forecast-2022-2028/ | true | 9543 |
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- Q2 Revenues Reach $34.2M with $0.70 Non-GAAP EPS –
KFAR SAVA, Israel, July 28, 2022 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), a leading provider of high-performance server/appliance networking solutions, today reported its financial results for the second quarter and six months ended June 30, 2022.
Financial Results
Second Quarter: Silicom's revenues for the second quarter of 2022 totalled $34.2 million, up 13% compared with $30.3 million for the second quarter of 2021.
On a GAAP basis, net income for the quarter totalled $4.5 million, or $0.67 per ordinary share ($0.68 per basic share), up 122% compared with $2.0 million, or $0.29 per ordinary share ($0.30 per basic share), for the second quarter of 2021.
On a non-GAAP basis (as described and reconciled below), net income for the quarter totalled $4.7 million, or $0.70 per diluted share ($0.71 per basic share), up 61% compared with $2.9 million, or $0.42 per diluted share ($0.43 per basic share), for the second quarter of 2021.
First Six Months: Silicom's revenues for the first half of 2022 totalled $66.2 million, up 12% compared with $59.3 million for the first half of 2021.
On a GAAP basis, net income for the period totalled $6.7 million, or $0.99 per diluted share ($1.00 per basic share), up 45% compared with $4.6 million, or $0.66 per diluted share ($0.67 per basic share) for the first half of 2021.
On a non-GAAP basis (as described and reconciled below), net income for the period totalled $7.7 million, or $1.14 per diluted share ($1.16 per basic share), up 31% compared with $5.9 million, or $0.84 per diluted share ($0.86 per basic share) for the first half of 2021.
Guidance
While multiple large design wins have given us an all-time-record backlog, our ability to deliver continues to be impacted by the global components crisis, which we expect to continue into 2023. We therefore project revenues for the third quarter of 2022 to range between $38 million and $40 million. The midpoint of this range represents 18% year-over-year revenue growth over the third quarter of 2021.
Comments of Management
Liron Eizenman, Silicom's President and CEO, commented, "The second quarter was a period of solid growth in revenues, margins and EPS, driven by stronger-than-ever demand for our products coupled with scrupulous attention to operational efficiency. Our revenue growth continues to reflect the accelerating transition of mainstream players – from industrials and online retail giants to telcos and service providers - to disaggregated/decoupled networks, driving demand for Silicom's must-have enabling solutions. It also reflects our success in maintaining a strong delivery rate in the face of the global shortages, primarily through determined product and operational innovation, and careful inventory management.
"The combination of spot-on products and ability-to-deliver continues to bring us more and larger design wins. For example, during the quarter, one of the SD-WAN market's largest vendors placed $15 million in orders for our SD-WAN Smart Platforms due for shipment in 2022, and guided us to expect annual orders above $25 million for the next several years. In parallel, discussions continue with a broad variety of telcos, networking equipment providers and partners regarding exciting new opportunities."
Mr. Eizenman concluded, "Looking forward, given the all-time-record level of our pipeline and our reputation as a 'can-deliver' provider despite challenges – all compounded by the speed with which our target markets are developing - we are well positioned for continued strong growth in the years ahead."
Conference Call Details
Silicom's Management will host an interactive conference today, July 28th, at 9am Eastern Time (6am Pacific Time, 4pm Israel Time) to review and discuss the results.
To participate, investors may either listen via a webcast link hosted on Silicom's website or via the dial-in. The link is under the investor relations' webcast section of Silicom's website at https://www.silicom-usa.com/webcasts/
For those that wish to dial in via telephone, one of the following teleconferencing numbers may be used:
US: 1 866 860 9642
ISRAEL: 03 918 0609
INTERNATIONAL: +972 3 918 0609
At: 9:00am Eastern Time, 6:00am Pacific Time, 4:00pm Israel Time
It is advised to connect to the conference call a few minutes before the start.
For those unable to listen to the live call, a replay of the call will be available for three months from the day after the call under the above-mentioned webcast section of Silicom's website.
Non-GAAP Financial Measures
This release, including the financial tables below, presents other financial information that may be considered "non-GAAP financial measures" under Regulation G and related reporting requirements promulgated by the Securities and Exchange Commission as they apply to our company. These non-GAAP financial measures exclude compensation expenses in respect of options and RSUs granted to directors, officers and employees, taxes on amortization of acquired intangible assets, as well lease liabilities - financial expenses (income). Non-GAAP financial measures should be evaluated in conjunction with, and are not a substitute for, GAAP financial measures. The tables also present the GAAP financial measures, which are most comparable to the non-GAAP financial measures as well as reconciliation between the non-GAAP financial measures and the most comparable GAAP financial measures. The non-GAAP financial information presented herein should not be considered in isolation from or as a substitute for operating income, net income or per share data prepared in accordance with GAAP.
About Silicom
Silicom Ltd. is an industry-leading provider of high-performance networking and data infrastructure solutions. Designed primarily to improve performance and efficiency in Cloud and Data Center environments, Silicom's solutions increase throughput, decrease latency and boost the performance of servers and networking appliances, the infrastructure backbone that enables advanced Cloud architectures and leading technologies like NFV, SD-WAN and Cyber Security. Our innovative solutions for high-density networking, high-speed fabric switching, offloading and acceleration, which utilize a range of cutting-edge silicon technologies as well as FPGA-based solutions, are ideal for scaling-up and scaling-out cloud infrastructures.
Silicom products are used by major Cloud players, service providers, telcos and OEMs as components of their infrastructure offerings, including both add-on adapters in the Data Center and stand-alone virtualized/universal CPE devices at the edge.
Silicom's long-term, trusted relationships with more than 200 customers throughout the world, its more than 400 active Design Wins and more than 300 product SKUs have made Silicom a "go-to" connectivity/performance partner of choice for technology leaders around the globe.
For more information, please visit: www.silicom.co.il
Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties, or other factors not under the company's control, which may cause actual results, performance, or achievements of the company to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, Silicom's increasing dependence for substantial revenue growth on a limited number of customers in the evolving cloud-based, SD-WAN, NFV and Edge markets, the speed and extent to which solutions are adopted by these markets, likelihood that Silicom will rely increasingly on customers which provide solutions in these evolving markets, resulting in an increasing dependence on a smaller number of larger customers, difficulty in commercializing and marketing of Silicom's products and services, maintaining and protecting brand recognition, protection of intellectual property, competition, disruptions to our manufacturing and development along with general disruptions to the entire world economy relating to the spread of the novel coronavirus (COVID-19) and other factors detailed in the company's periodic filings with the Securities and Exchange Commission. These forward-looking statements can generally be identified as such because the context of the statement will include words, such as "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe future plans, objectives or goals are also forward-looking statements. In light of significant risks and uncertainties inherent in forward-looking statements, the inclusion of such statements should not be regarded as a representation by the company that it will achieve such forward-looking statements. The company disclaims any duty to update such statements, whether as a result of new information, future events, or otherwise.
-- FINANCIAL TABLES FOLLOW –
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LOS ANGELES (AP) _ Ares Management LP (ARES) on Thursday reported second-quarter net income of $39.7 million.
The Los Angeles-based company said it had profit of 21 cents per share. Earnings, adjusted for non-recurring costs, came to 74 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.
The private equity firm posted revenue of $601.4 million in the period. Its adjusted revenue was $618.2 million.
Ares Management shares have dropped 19% since the beginning of the year. The stock has decreased 2% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARES at https://www.zacks.com/ap/ARES | https://www.theintelligencer.com/business/article/Ares-Management-Q2-Earnings-Snapshot-17334598.php | 2022-07-28T13:02:14Z | https://www.theintelligencer.com/business/article/Ares-Management-Q2-Earnings-Snapshot-17334598.php | true | null |
Leyla Fazleeva: there is no need to resume mask regime in Tatarstan now
“Then everything will depend on the epidemiological situation”
As Leila Fazleeva, the deputy prime minister of Tatarstan and head of the republican operational headquarters for countering the spread of COVID-19, told Realnoe Vremya, the incidence of coronavirus in the republic is currently at a low level and the intensity of the epidemic process is not observed. The epidemic process is stable, however, as the deputy prime minister noted, its rise in the autumn period is not excluded. Then, with the complication of the epidemiological situation of COVID-19 and taking into account the seasonal rise in the incidence of SARS and influenza, it is possible to resume the mask regime.
“No one, neither you nor I, will be able to say now when this may happen — in August, in the middle of the month or at the end, in September and so on. All indicators are monitored daily. At the moment, there is no need to resume the mask regime. Then everything will depend on the epidemiological situation," Leyla Fazleeva clarified.
The head of the operational headquarters advised the residents of the republic to undergo timely revaccination, as well as to observe preventive measures, which will prevent an increase in the incidence of coronavirus in Tatarstan.
More than 153k cases of COVID-19 have been detected in Tatarstan
Meanwhile, in the regions of Russia, an increase in cases of COVID-19 infection began to be recorded. Epidemiologists report that the Omicron strain BA.5 has begun to spread actively in various countries of the world. Anatoly Altstein, virologist and chief researcher at the Gamaleya Research Centre for Epidemiology and Microbiology, said that Omicron BA.5 has given rise all over the world, in many countries. Those countries that have lagged behind, now it is starting to rise there. We fall into this category. Therefore, we are on the rise. I think that in about a month, there will probably be a peak and then it will all decrease.”
According to the federal operational centre, 1,664 people have been hospitalised with coronavirus in the country over the past day, which is by 119,2% more than on July 25. An increase in the number of cases was noted in 70 regions, while a decrease in cases of hospitalisation with a diagnosis of COVID-19 was recorded in 14 subjects.
It is worth recalling that Rospotrebnadzor warned that against the background of an increase in the incidence of anti-Covid-19 restrictions may begin to take effect again: “In general, there has been a trend of an increase in the incidence of coronavirus in the Russian Federation. In case of deterioration of the COVID-19 situation, the restrictive measures may be resumed.”
In total, more than 18,5 million Russians have been infected with the coronavirus since the beginning of the pandemic. In Tatarstan, as of the morning of July 26, 153,619 cases of COVID-19 infection were detected.
Summer holidays without masks
Let us remind that in Tatarstan, the mask regime was suspended in early summer — on June 6, the corresponding decree of the republican government was issued. The head of the press service of the president of the republic, Lilia Galimova, explained that the decision was made against the background of a decrease in the incidence of COVID-19.
At the same time, residents of Tatarstan over 65 years of age and citizens with chronic diseases of the cardiovascular system are recommended to wear masks in crowded places, it follows from the decree of the Cabinet of Ministers of the republic. They are also recommended for people with cancer, pregnant women, patients suffering from obesity and immunodeficiency, regardless of age.
The mask regime has been suspended throughout Russia. The Rospotrebnadzor announced its cancellation among all other anti-weed measures on July 1. The next day, the resolution signed by the head of the department, Anna Popova, came into force.
A week after the “manumission” by Rospotrebnadzor, on July 8, the Tatarstan authorities decided to suspend the decree of the Cabinet of Ministers of the Republic of March 19, 2020 No. 208 “On measures to prevent the spread of the new coronavirus infection in the Republic of Tatarstan”. Since that day, restrictions on the number of people present at leisure, entertainment, physical culture, sports, exhibitions, educational, advertising events have ceased to apply. The registry office has also returned to normal operation — any number of guests at wedding ceremony is allowed. | https://realnoevremya.com/articles/6511-leyla-fazleeva-there-is-no-need-to-resume-mask-regime-in-tatarstan-now | 2022-07-28T13:02:44Z | https://realnoevremya.com/articles/6511-leyla-fazleeva-there-is-no-need-to-resume-mask-regime-in-tatarstan-now | false | 1 |
SANTA MONICA, Calif., July 28, 2022 /PRNewswire/ -- The Macerich Company (NYSE: MAC, the "Company") today has released its Second Quarter 2022 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at www.macerich.com (Investors, Financial Information Section).
As previously announced, management will hold a conference call at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) today, Thursday, July 28, 2022, to discuss quarterly results. Interested parties can listen to a live webcast of the call on the Macerich website at www.macerich.com (Investors, Events & Presentations Section). Alternatively, the call is available by phone at Toll-Free 1-888-220-8451 or International (toll) 1-323-794-2590, Conference ID # 6093850.
A replay of the webcast will be available for 90 days following the live webcast in the Investors section of the Company's website at www.macerich.com. In addition, an audio replay of the earnings conference call will be available by telephone until Thursday, August 11, 2022, at 11:59 p.m. Eastern Time at toll-free 1-844-512-2921, or International (toll) 1-412-317-6671, PIN #6093850.
About Macerich: Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 48 million square feet of real estate consisting primarily of interests in 44 regional town centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 GRESB ranking for the North American retail sector for seven straight years (2015-2021). For more information, please visit www.Macerich.com.
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SOURCE Macerich Company | https://www.14news.com/prnewswire/2022/07/28/macerich-releases-quarterly-results/ | 2022-07-28T13:03:22Z | https://www.14news.com/prnewswire/2022/07/28/macerich-releases-quarterly-results/ | false | 22 |
It seems that Xiaomi is planning to launch a Redmi phone with a 200-megapixel camera, which will be a first for the brand. Motorola is also gearing up to launch its Moto Edge 30 Ultra with a 200 MP Samsung ISOCELL HP1 sensor, which will reportedly launch as Moto Edge X30 Pro in China on August 2. While we don't have details on when the Redmi K50S Pro will arrive, we do know the possible specifications of the device. So, keep reading if you are interested in this device.
The Redmi K50S Pro is tipped to draw power from Qualcomm's new flagship Snapdragon 8+ Gen 1 SoC. This suggests that this Redmi phone isn't going to be a cheap smartphone. According to tipster Yogesh Brar, the company will provide support for 120W fast charging, which it is currently offering with Xiaomi 11i Hypercharge.
Under the hood, we might get to see a 5,000mAh battery, which is nice as several brands offer less than this with high-end phones. It is expected to feature an in-display fingerprint reader and dual speakers for stereo sound effect.
The device has a 6.67-inch AMOLED display that will likely refresh at 120Hz. It is said to have HDR10+ support too for a high-quality content viewing experience. The phone could run on MIUI 13, which might be based on Android 12 OS. It could be offered with up to 12GB RAM + 256GB storage configuration.
At the back, there could be a 200-megapixel primary camera, which will be accompanied by an 8-megapixel ultra-wide camera and a 2-megapixel macro sensor. On the front, we might get to see a 20-megapixel sensor for selfies. The rest of the details are still under wraps.
It is being reported that Xiaomi might also launch a regular Xiaomi Redmi K50S model, that could be powered by a MediaTek Dimensity 8100 SoC. Both the Redmi phones could be launched in the global market as the Xiaomi 12T and 12T Pro. But since there is no official confirmation from Xiaomi, users are advised to take these details with a pinch of salt.
Also Read: | WhatsApp finally letting users react to messages with any emoji
Also Read: | Samsung Galaxy S23 series could launch with Snapdragon 8 Gen 2 SoC worldwide
Also Read: | Chromecast with Google TV launched in India, priced at Rs 6,399
Copyright©2022 Living Media India Limited. For reprint rights: Syndications Today | https://www.businesstoday.in/technology/story/redmi-k50s-pro-might-be-xiaomis-first-phone-with-200mp-camera-leaked-specs-suggest-343015-2022-07-28 | 2022-07-28T13:04:06Z | https://www.businesstoday.in/technology/story/redmi-k50s-pro-might-be-xiaomis-first-phone-with-200mp-camera-leaked-specs-suggest-343015-2022-07-28 | false | 3 |
LOS ANGELES (AP) — The chronic shortage of homes for sale that's made fierce bidding wars common and sent prices to record highs has long frustrated homebuyers.
After a streak of annual declines going back three years, home listings finally rose on an annual basis in May and June.
But would-be buyers looking for more modestly priced homes will find scant relief in the listings surge. The increase in homes for sale nationally has been concentrated in the higher-price end of the spectrum, $250,000 or higher, while listings for properties priced below that threshold are becoming more scarce.
“In a market that has been so low on inventory, any increase in the availability of homes for sale is going to be welcome, but the biggest increase that we’ve seen so far is in the pricier side of the market,” said Danielle Hale, Realtor.com’s chief economist.
Listings for homes priced at $100,000 or less were down 21.4% in June from a year earlier, while those listed for between $100,000 and $250,000 were down 12.4%, according to Realtor.com.
In contrast, the number of homes listed for more than $250,000 increased 32.1% in June from a year earlier.
On a typical day in June, the number of active home listings totaled 619,305, a nearly 19% increase from the same month last year, according to Realtor.com.
The sorely needed increase in home listings follows a marked slowdown in the housing market.
Sales of previously occupied U.S. homes are slowing as the Federal Reserve hikes rates to combat surging inflation, lifting mortgage rates. In June sales fell to to a seasonally adjusted annual rate of 5.12 million, the slowest pace in two years according to the National Association of Realtors.
The average rate on a 30-year home loan climbed to 5.54% last week, almost double from a year ago, according to mortgage buyer Freddie Mac. Higher rates reduce buyers’ purchasing power at a time when the median U.S. home price hit a new high of $416,000 last month.
“The entry level side of the market continues to be challenging, and it’s particularly hard because those entry level buyers are often most likely to be taking on a mortgage and borrowing, so they’re also the ones that are facing higher mortgage rates,” Hale said.
Hale expects the for-sale home inventory will be up about 15% on average this year, which should help some would-be buyers. But it would take a significant housing market slowdown before the number of homes for sale at the most affordable range of the market increases, she said. | https://www.thehour.com/business/article/More-homes-for-sale-but-low-priced-listings-17334622.php | 2022-07-28T13:04:12Z | https://www.thehour.com/business/article/More-homes-for-sale-but-low-priced-listings-17334622.php | true | 21 |
Inside Shania Twain’s turbulent life – husband & pal’s affair to partner swap & shocking health battle that ruined voice
HER catchy hits Man! I Feel Like A Woman and That Don’t Impress Me Much are wedding playlist favourites and karaoke classics.
But behind queen of country pop Shania Twain’s dazzling smile lies a chequered history peppered with heartbreak and tragedy.
In a new Netflix documentary - Shania Twain: Not Just a Girl - the 56-year-old opens up on the harrowing death of her parents, the devastating breakdown of her 14-year marriage and a health battle that left her terrified she’d never sing again.
Born Eilleen Regina Edwards in Ontario, Shania’s parents separated when she was two.
Her mum’s new partner, Jerry Twain, adopted her and her two sisters when they married, and Shania legally changed her name.
While she grew up calling Jerry her dad, she has previously spoken about her difficult childhood, claiming he would sometimes be violent towards her mum Sharon.
“He just had issues… It was like he was two people,” she told 60 Minutes.
“I would get physically involved sometimes with my parents’ fights… I just thought that he would kill her. One of these times – he was gonna kill her.”
Shania’s music career began when she joined a cover band called Flirt after graduating from high school.
She toured and performed around Ontario, but her music career stalled in November 1987, when her mum and stepdad were killed in a car accident.
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Then 22, Shania moved home to take care of her younger siblings and supported them by earning money performing at a local holiday park.
When they moved out, Shania made a demo tape of songs which caught the eye of record labels including Mercury Nashville Records, who signed her within months.
Shania shot to fame aged 30, when her second studio album - The Woman in Me, released in 1995 - sold over 10 million copies across the world, a number which has since doubled.
Two years previously she’d met South African record producer Robert John ‘Mutt’ Lange - 17 years her senior - who was a fan of her music and offered to pen songs for her next album.
The couple married after a whirlwind romance, and they co-wrote her iconic tracks You’re Still The One, Any Man of Mine, Man! I Feel like a Woman! And That Don’t Impress Me Much.
Shania’s 1997 album Come on Over was the second best-selling album of the 90s at 15.6million, beaten only by Metallica.
Shania and Mutt welcomed a son, Eja, in 2001.
Shocking health battle
But during her £71million-grossing Up! Tour, which spanned 113 shows between 2003 and 2004, Shania was secretly battling Lyme disease after being bitten by a tick while horse riding.
She tells in the documentary how she would feel dizzy on stage to the point where she feared she would fall off, and experienced millisecond blackouts “regularly, every minute or every 30 seconds”.
Having not yet been diagnosed, she pushed through it - but believes the condition, which can cause nerve and muscle pain, facial palsy and inflammation of the brain, contributed to her developing the voice disorder dysphonia.
While she treated it with multiple throat operations and therapy, Shania admits her voice was “never the same again”.
The five-time Grammy Award winner explains: “I thought I'd lost my voice forever. I thought that was it, [and] I would never, ever sing again.”
Husband's betrayal
In 2008, Shania was devastated when Mutt suddenly announced he wanted a divorce after 14 years together.
She told Oprah she’d gone to her best friend and long-time secretary Marie-Anne Thiébaud asking if she thought her husband was “acting strange”, which Marie-Anne denied.
But Shania later discovered Mutt and Marie-Anne had been having an affair behind her back - though both claimed it wasn't true.
Speaking of the moment she found out, Shania said: "I had a total panic attack. I just told her that she was a bad person - that's all I could get out!"
In the documentary she likens the end of her marriage to her parents’ fatal car crash.
She says: 'It was like the death was the end, a permanent end to so many facets of my life. And I never got over my parents' death.
“So I'm thinking, ‘S***, I'm never going to get over this.’ Like, how do you get over that?
I never got over my parents' death. So I'm thinking, ‘S***, I'm never going to get over this'
Shania Twain
“So all I can do is determine how I'm going to carry on from there. How am I going to crawl out of this hole that I've fallen in? Just like that, you know?”
She adds: “In that search to determine what was causing this lack of control with my voice and this change in my voice, I was facing a divorce.
“My husband leaves me for another woman. Now I'm at a whole other low. And I just don't see any point in going on with a music career.”
In a bizarre twist, Shania found love again with Marie-Anne’s ex-husband, businessman Frederic Thiébaud, in 2011, who had been her shoulder to cry on during the split.
The adoring couple regularly shared loved-up snaps on social media.
Comeback queen
Shania struggled for years to produce music again without the influence of Mutt in her life.
In September 2017 she released her fifth studio album Now - 15 years after her fourth - which she called her “most personal” compilation.
Despite receiving mixed reviews, it debuted at number one on the Billboard 200, Canadian Albums and Top Country Albums charts and has since reached the top spot in several countries worldwide.
Speaking about recording again following her long hiatus, Shania admits just being able to listen to herself back on her writing tapes was “difficult”.
She says: “It was really more about taking independence…It was an exercise of saying, ‘Okay, look, you can't just not ever make music again because you don't have Mutt. You gotta just dive in.’
“And I was petrified, I really was. So now I said, ‘Okay listen, I'm going to not only get back into the studio without him, I'm going to write all the music alone, and just discover myself again as an individual creative,’ like I'd been all of my youth.”
Shania filmed Joss Crowley’s rock-documentary Not Just A Girl during the pandemic.
To mark its release on Netflix on Tuesday, she dropped a new digital compilation album of the same name.
In doing so, Shania proved she still has the power to Rock This Country. | https://www.the-sun.com/entertainment/5877737/shania-twain-documentary-husband-affair/ | 2022-07-28T13:04:19Z | https://www.the-sun.com/entertainment/5877737/shania-twain-documentary-husband-affair/ | true | 4 |
CWG 2022: Check out India's complete schedule for the event
The Commonwealth Games 2022 kicks off on Thursday. As India participates in the same, here is the complete schedule for the event.
It's another competitive games time of the year as the 2022 Commonwealth Games (CWG) gets underway in Birmingham on Thursday. All the 72 Commonwealth nations will participate in the event, with more than 1,000 athletes competing. India will also be one of the participating nations, given its good traditional record at the Games. It will send 215 athletes and is nearly sure to be among the top five in the medals tally. Notably, it finished third during the previous edition in Gold Coast in 2018, as it will see a similar or better performance this term. Ahead of the same, we present India's preliminary schedule for the entire event.
JULY 29
Cricket (women’s)
India vs Australia
Badminton
Ashwini Ponappa and B Sumeeth Reddy: Mixed Doubles
Hockey (Women’s)
India vs Ghana
Table Tennis
Men’s Team: Round 1 & Round 2
Women’s Team: Round 1 & Round 2
ALSO READ: CWG 2022 - INDIA WOMEN TO SEEK INSPIRATION FROM TOKYO OLYMPICS TO END HOCKEY MEDAL DROUGHT
JULY 30
Athletics
Nitender Rawat: Men’s Marathon
Boxing
Amit Panghal: Men’s 51kg
Mohammad Hussamuddin: Men’s 57kg
Shiva Thapa: Men’s 63.5kg
Rohit Tokas: Men’s 67kg
Sumit Kundu: Men’s 75kg
Ashish Chaudhary: Men’s 80kg
Sanjeet Kumar: Men’s 92kg
Sagar Ahlawat: Men’s 92+kg
Nitu Ghanghas: Women’s 48kg
Nikhat Zareen: Women’s 50kg
Jasmine Lamboria: Women’s 60kg
Lovlina Borgohain: Women’s 70kg
Hockey (Women’s)
India vs Wales
Weightlifting
Mirabai Chanu: Women’s 55kg
Sanket Mahadev: Men’s 55kg
Chanambam Rishikanta Singh: Men’s 55kg
JULY 31
Cricket (women’s)
India vs Pakistan
Hockey (Men’s)
India vs Ghana
Weightlifting
Bindyarani Devi: Women’s 59kg
Jeremy Lalrinnunga: Men’s 67kg
Achinta Sheuli: Men’s 73kg
ALSO READ: CWG 2022 - India looking to make 'surprise' gains despite shooting drought
AUGUST 1
Hockey (Men’s)
India vs England
Weightlifting
Popy Hazarika: Women’s 64kg
Ajay Singh: Men’s 81kg
AUGUST 2
Athletics
Avinash Sable: Men’s 3000m Steeplechase
Murali Sreeshankar: Men’s Long Jump
Muhammed Anees Yahiya: Men’s Long Jump
Dhanalakshmi Sekar: Women’s 100m
Jyothi Yarraji: Women’s 100m hurdles
Manpreet Kaur: Women’s Shot Put
Navjeet Kaur Dhillon: Women’s Discus Throw
Hockey (Women’s)
India vs England
Weightlifting
Usha Kumara: Women’s 87kg
Purnima Pandey: Women’s 87+kg
Vikas Thakur: Men’s 96kg
Ragala Venkat Rahul: Men’s 96kg
ALSO READ: CWG 2022: 'Hurt about not being able to defend my title' - Neeraj Chopra
AUGUST 3
Athletics
Aishwarya B: Women’s Triple Jump
Badminton
PV Sindhu: Women’s Singles
Aakarshi Kashyap: Women’s Singles
Lakshya Sen: Men’s Singles
Kidambi Srikanth: Men’s Singles
Cricket (women’s)
India vs Barbados
Hockey (Men’s)
India vs Canada
AUGUST 4
Badminton
Treesa Jolly: Women’s Doubles
Gayatri Gopichand: Women’s Doubles
Satwiksairaj Rankireddy: Men’s Doubles
Chirag Shetty: Men’s Doubles
Hockey (Men’s)
India vs Wales
ALSO READ: CWG 2022: 'I can relate my career to Avial' - Indian hockey goalkeeper PR Sreejesh
AUGUST 5
Athletics
Abdulla Aboobacker: Men’s Triple Jump
Praveen Chithravel: Men’s Triple Jump
Eldhose Paul: Men’s Triple Jump
DP Manu: Men’s Javelin Throw
Rohit Yadav: Men’s Javelin Throw
Sandeep Kumar: Men’s 10km race walk
Amit Khatri: Men’s 10km race walk
Aishwarya B: Women’s Long Jump
Ancy Sojan: Women’s Long Jump
Annu Rani: Women’s Javelin Throw
Shilpa Rani: Women’s Javelin Throw
Manju Bala Singh: Women’s Hammer Throw
Sarita Romit Singh: Women’s Hammer Throw
Wrestling
Bajrang Punia: Men’s 65kg
Deepak Punia: Men’s 86kg
Mohit Grewal: Men’s 125kg
Anshu Malik: Women’s 57kg
Sakshi Malik: Women’s 62kg
Divya Kakran: Women’s 68kg
AUGUST 6
Athletics
Amoj Jacob: Men’s 4x400m relay
Noah Nirmal Tom: Men’s 4x400m relay
Arokia Rajiv: Men’s 4x400m relay
Muhammed Ajmal: Men’s 4x400m relay
Naganathan Pandi: Men’s 4x400m relay
Rajesh Ramesh: Men’s 4x400m relay
Bhawna Jat: Women’s 10km race walk
Priyanka Goswami: Women’s 10km race walk
Hima Das: Women’s 4x100m relay
Dutee Chand: Women’s 4x100m relay
Srabani Nanda: Women’s 4x100m relay
MV Jilna: Women’s 4x100m relay
NS Simi: Women’s 4x100m relay
Wrestling
Ravi Kumar Dahiya: Men’s 57kg
Naveen: Men’s 74kg
Deepak: Men’s 97kg
Pooja Gehlot: Women’s 50kg
Vinesh Phogat: Women’s 53kg
Pooja Sihag: Women’s 76kg | https://newsable.asianetnews.com/cricket-sports/commonwealth-games-cwg-2022-check-out-india-complete-schedule-for-the-event-ayh-rfqdsd | 2022-07-28T13:06:38Z | https://newsable.asianetnews.com/cricket-sports/commonwealth-games-cwg-2022-check-out-india-complete-schedule-for-the-event-ayh-rfqdsd | true | 1 |
SEATTLE, July 28, 2022 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK) announced today it has signed a definitive agreement with the Company's founder, Chairman and CEO, Robert D. Glaser, pursuant to which the Company will merge with and into Greater Heights LLC, an affiliate of Mr. Glaser, and each outstanding share of common stock of the Company will be converted into the right to receive cash consideration of $0.73 per share. Mr. Glaser, together with his affiliates, currently owns approximately 39% of the outstanding shares of RealNetworks's stock. The merger consideration represents a 55% premium to the Company's closing stock price on the last trading day prior to announcement of Mr. Glaser's proposal to acquire the Company.
The Merger Agreement and the merger has been approved by the Company's Board of Directors, based on the recommendation of a Special Committee of the Board consisting exclusively of independent directors. The Company's shareholders will be asked to vote upon the adoption of the Merger Agreement and approval of the merger at a shareholders meeting called for such purpose on a date to be announced. The closing of the transaction is conditioned upon the approval of a majority of the shares not owned by Mr. Glaser and his affiliates. The parties anticipate the transaction will close in the fourth quarter.
"I founded RealNetworks 28 years ago because I believed that the Internet represented a once-in-a-generation transformational opportunity for digital media," said Glaser. "I believe that Machine Learning-based Artificial Intelligence represents a similar transformational opportunity today, albeit one that will also take time and resources to fully realize. I'm happy that the RealNetworks Board and I could reach agreement on a path to pursue that transformation with focus, efficiency, and speed by turning Real back into a private company, and in a way that is fair to all shareholders."
Bruce Jaffe, the Chairman of the Special Committee, said, "The Special Committee is very pleased to have completed a thorough process that has resulted in a transaction with Rob that we believe provides immediate liquidity and compelling value to the public shareholders of RealNetworks without the risk of future performance and securing working capital in this economic climate."
Houlihan Lokey is acting as independent financial advisor and King & Spalding LLP is acting as independent legal counsel to the Special Committee in connection with the transaction. Wilson Sonsini Goodrich & Rosati P. C. is acting as legal counsel to the Company.
Imperial Capital is acting as financial advisor and DLA Piper LLP (US) is acting as legal counsel to Mr. Glaser.
RealNetworks, its directors and certain executive officers are participants in the solicitation of proxies from stockholders in connection with the pending acquisition of RealNetworks (the "Transaction"). RealNetworks plans to file a proxy statement (the "Transaction Proxy Statement") with the Securities and Exchange Commission (the "SEC") in connection with the solicitation of proxies to approve the Transaction. Additional information regarding such participants, including their direct or indirect interests, by security holdings or otherwise, will be included in the Transaction Proxy Statement and other relevant documents to be filed with the SEC in connection with the Transaction. Information relating to the foregoing can also be found in RealNetworks's definitive proxy statement for its 2021 Annual Meeting of Stockholders (the "2021 Proxy Statement"), which was filed with the SEC on October 29, 2021. To the extent that holdings of RealNetworks's securities have changed since the amounts printed in the 2021 Proxy Statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Promptly after filing the definitive Transaction Proxy Statement with the SEC, RealNetworks will mail the definitive Transaction Proxy Statement to each stockholder entitled to vote at the special meeting to consider the Transaction. STOCKHOLDERS ARE URGED TO READ THE TRANSACTION PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT REALNETWORKS WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain, free of charge, the preliminary and definitive versions of the Transaction Proxy Statement, any amendments or supplements thereto, and any other relevant documents filed by RealNetworks with the SEC in connection with the Transaction at the SEC's website (http://www.sec.gov). Copies of RealNetworks's definitive Transaction Proxy Statement, any amendments or supplements thereto, and any other relevant documents filed by RealNetworks with the SEC in connection with the Transaction will also be available, free of charge, from RealNetworks's website at www.realnetworks.com.
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which provides a "safe harbor" for such statements in certain circumstances. The forward-looking statements include statements or expectations regarding timing of the closing of the Transaction, considerations taken into account by the Board of Directors of RealNetworks in approving the Transaction and expectations for RealNetworks following the closing of the Transaction. These statements are based upon current expectations, beliefs and assumptions of RealNetworks management, and there can be no assurance that such expectations will prove to be correct. Because forward-looking statements involve risks and uncertainties and speak only as of the date on which they are made, actual events could differ materially from those discussed in the forward-looking statements as a result of various factors, including but not limited to the possibility that the conditions to the closing of the Transaction are not satisfied, including the risk that required stockholder approval for the Transaction is not obtained, potential litigation relating to the Transaction, uncertainties as to the timing of the consummation of the Transaction, the ability of each party to consummate the Transaction, risks relating to the substantial costs and diversion of personnel's attention and resources due to these matters and other factors discussed in greater detail in RealNetworks's filings with the SEC. You are cautioned not to place undue reliance on such statements and to consult RealNetworks's most recent Annual Report on Form 10-K and other filings with the SEC for additional risks and uncertainties that may apply to RealNetworks's business and the ownership of RealNetworks's securities. The forward-looking statements are presented as of the date made, and RealNetworks does not undertake any duty to update any forward-looking statements, whether as a result of new information, future events, or otherwise.
Building on a rich history of digital media expertise and innovation, RealNetworks has created a new generation of products that employ best-in-class artificial intelligence and machine learning to enhance and secure our daily lives. Real's portfolio includes SAFR, the world's premier computer vision platform for live video, KONTXT, an industry leading NLP (Natural Language Processing) platform for text and multi-media analysis, and leveraging its digital media expertise, a mobile games business focused on the large free-to-play segment. For information about all of our products, visit www.realnetworks.com.
RealNetworks is a registered trademark of RealNetworks, Inc. All other trademarks, names of actual companies and products mentioned herein are the property of their respective owners.
Contacts:
Brian M. Prenoveau, CFA
MZ North America
561-489-5315
ir@realnetworks.com
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SOURCE RealNetworks, Inc. | https://www.blackhillsfox.com/prnewswire/2022/07/28/realnetworks-founder-chairman-ceo-rob-glaser-announce-definitive-merger-agreement/ | 2022-07-28T13:09:45Z | https://www.blackhillsfox.com/prnewswire/2022/07/28/realnetworks-founder-chairman-ceo-rob-glaser-announce-definitive-merger-agreement/ | true | 11 |
Chelsea have reportedly already held transfer talks with the agent of Brazilian wonderkid Endrick.
The Blues have moved fast to register their interest in the teenager, who is widely regarded as one of the biggest prospects in world football at the moment.
According to journalist Jorge Nicolas in the video below, Chelsea immediately swooped in to hold talks over the deal just a day after the player turned 16 and signed a professional contract with Palmeiras.
The journalist notes that big names like Manchester United and Manchester City are also interested in Endrick, while Fabrizio Romano wrote exclusively for CaughtOffside this week that Real Madrid, Barcelona and Paris Saint-Germain are also among his admirers.
Chelsea look to have done well here to try to get in first for Endrick, though one imagines the youngster would also be tempted by big names like United and City.
Pep Guardiola has built a hugely dominant team at the Etihad Stadium, while it’s also looking like an exciting time to be a United fan again under new manager Erik ten Hag.
It would certainly be great to see the next big thing in world football come to the Premier League at some point. | https://www.caughtoffside.com/2022/07/28/chelsea-transfer-news-endrick-talks-held/ | 2022-07-28T13:10:48Z | https://www.caughtoffside.com/2022/07/28/chelsea-transfer-news-endrick-talks-held/ | true | 1 |
Digital Front Door automates the true patient journey and accelerates RWE
SAN DIEGO, July 28, 2022 /PRNewswire/ -- Seqster PDM, Inc. ("Seqster"), the leader in patient-centric healthcare data technology announced a 3-year partnership with Boehringer Ingelheim to connect the patients to all of their health data. For patients, the Digital Front Door unlocks interoperability, patient access, data sharing, simplifies the informed consent process, boosts participant engagement leading to retention, alleviates caregiver burden, all while ensuring patient health data security and privacy. The Digital Front Door is powered by the Seqster Operating System (SeqsterOS). For researchers, real-time real world data (RWD) accelerates real world evidence (RWE), outcomes research, and drug development.
Boehringer Ingelheim's long-term agreement with Seqster secures their leadership position for RWE initiatives across therapeutic areas. SeqsterOS standardizes, harmonizes and visualizes retrospective and prospective health data, creating a comprehensive, longitudinal health record that empowers and engages patients while providing consented, de-identified data for studies in real-time.
"To truly close the Real World Evidence (RWE) gap, we must think differently about the data that we access with full patient consent and control. Simultaneously, we must provide full transparency for patients who we engage with in all of our studies and trials. With the SeqsterOS we have a ready-to-go solution. Patient-centricity delivers high fidelity and high quality data. SeqsterOS will provide patient access and engagement with longitudinal RWD unlocking such previously unthinkable possibilities for Boehringer Ingelheim and the patients we serve," states Paul Petraro, Global Head of Real World Evidence Centre of Excellence for Boehringer Ingelheim.
"The significance of our joint initiative with Boehringer Ingelheim cannot be understated. There is a natural alignment between both organizations as we seek to accelerate data-driven discoveries and impact patient lives at scale," explains Ardy Arianpour, CEO & Co-Founder of Seqster. "Empowering patients with access to the Digital Front Door allows them to connect and engage with their data, leading to improved study retention as well as a willingness to consent to future studies."
Seqster is the leading healthcare technology company that breaks down health data silos at scale. Its enterprise operating system aggregates disparate health data sources into a single, 360-degree view of a patient in real-time, solving a multitude of challenges for life sciences, patient engagement and data interoperability.
Seqster has nationwide coverage of EHRs from hospitals and medical groups, genomic DNA, wearables, pharmacy and social determinants of health data. Through its customizable white-label approach, Seqster provides accelerated access to de-identified, tokenized, real-time data and comprehensive curated data to address critical needs across the healthcare continuum.
Seqster is privately held and headquartered in San Diego.
To learn more about the Seqster Operating System for Patient Registries, Clinical Studies and the Digital Front Door, please contact us at info@seqster.com or visit www.seqster.com.
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SOURCE Seqster | https://www.kgns.tv/prnewswire/2022/07/28/seqster-signs-multi-year-agreement-with-boehringer-ingelheim-put-patient-center-their-clinical-data/ | 2022-07-28T13:11:08Z | https://www.kgns.tv/prnewswire/2022/07/28/seqster-signs-multi-year-agreement-with-boehringer-ingelheim-put-patient-center-their-clinical-data/ | false | 11 |
Heat Shrink Packaging Market Estimated to Reach a Valuation of US$ 7.0 Bn by 2032
Rising demand for packaged food products globally is boosting the sales growth in the heat shrink packaging market
WILMINGTON, DELAWARE , USA, July 28, 2022 /EINPresswire.com/ -- A research report by Transparency Market Research (TMR) expects the global heat shrink packaging market to expand at a CAGR of 4.6% during the forecast period, 2022 to 2032.
With a rise in the number of working populace across the globe, this population pool is increasing the demand for convince food. This factor, in turn, is helping in the expansion of the heat shrink packaging market. Moreover, the market is being driven by improving spending power of people from developing and developed nations around the world.
Leading players operating in the global heat shrink packaging market are focusing on the development of sustainable packaging solutions. Hence, they are seen removing different toxic materials from their shrink packaging solutions. Such initiatives are expected to help in the expansion of the heat shrink packaging market in the forthcoming years.
Plastic shrink wrap is gaining traction as a key packaging solution as the material is flexible, affordable, and easy to use. Moreover, a rise in the understanding on its effectiveness in joining small products into one is leading to profitable prospects in the heat shrink packaging market.
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Key Findings:
Heat shrink packaging is attracting popularity owing to its ability to support in boosting the durability of different types of products. In the process of heat shrink packaging, manifold products are combined into one package unit, notes a TMR study on the heat shrink packaging market. The technology is being adopted in the packaging of small products as it helps in seamless transportation of these products. In addition, the use of heat shrink packaging technology can assist in improving the shelf life of products and lowering the costs.
Heat shrink packaging is being increasingly adopted in different end-use industries including the healthcare, electronics, and packaged food and beverages. Hence, in order to cater to the rising product demand from these industries, players are strengthening their production capabilities. Hence, the heat shrink packaging market share is prognosticated to reach a value of US$ 7.0 Bn by 2032.
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Growth Boosters:
The rapid expansion of varied industries such as e-commerce, electronics, healthcare, and packaged food and beverages is fueling the heat shrink packaging market growth
Improving spending power of people across the globe is leading to revenue-generation opportunities for the heat shrink packaging machine manufacturers
Regional Analysis:
The heat shrink packaging market in is projected to gain notable business opportunities in Asia Pacific owing to factors including increase in the use of fresh produce and the presence of favorable regulations and rules in the region
The North America heat shrink packaging market is expected to expand at rapid pace during the forecast period owing to technological advancements and a study e-commerce industry in the region
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Heat Shrink Packaging Market: Key Players
Some of the key players profiled in the report are:
International Plastics Inc
Smurfit Kappa Group
Berry Global Inc
Amcor plc
Traco Manufacturing Inc
Dow Chemical Company
Bonset America Corporation
LyondellBasell Industries N.V
FlexiPack Group
Allen Plastic Industries Co., Ltd.
Huayu Packing Machinery
Bagla Group
KOHJIN Film & Chemicals Co. Ltd.
HUBEI HYF PACKAGING CO., LTD.
RETAL Industries LTD.
Unik Polypack
Vintech Polymers Pvt. Ltd.
Intertape Polymer Group Inc
Shenzhou Packing Machine Co., Ltd.
J K POLYFILM
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About Transparency Market Research
Transparency Market Research is a global market research reports company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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email us here | https://www.einpresswire.com/article/583387594/heat-shrink-packaging-market-estimated-to-reach-a-valuation-of-us-7-0-bn-by-2032 | 2022-07-28T13:13:01Z | https://www.einpresswire.com/article/583387594/heat-shrink-packaging-market-estimated-to-reach-a-valuation-of-us-7-0-bn-by-2032 | true | 1 |
Benjamin Edwards Inc. raised its stake in shares of ASML Holding (NASDAQ:ASML – Get Rating) by 70.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 160 shares of the semiconductor company’s stock after buying an additional 66 shares during the period. Benjamin Edwards Inc.’s holdings in ASML were worth $107,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of ASML. Covestor Ltd bought a new position in shares of ASML during the 4th quarter valued at about $26,000. Piscataqua Savings Bank boosted its position in shares of ASML by 90.9% during the 1st quarter. Piscataqua Savings Bank now owns 42 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 20 shares in the last quarter. Rise Advisors LLC bought a new position in shares of ASML during the 4th quarter valued at about $47,000. Clean Yield Group boosted its position in shares of ASML by 44.2% during the 1st quarter. Clean Yield Group now owns 75 shares of the semiconductor company’s stock valued at $50,000 after purchasing an additional 23 shares in the last quarter. Finally, Dixon Hughes Goodman Wealth Advisors LLC bought a new position in shares of ASML during the 4th quarter valued at about $57,000. Institutional investors and hedge funds own 25.91% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on ASML shares. Argus started coverage on shares of ASML in a research report on Wednesday, June 29th. They set a “buy” rating and a $590.00 price objective for the company. Societe Generale reduced their price objective on shares of ASML from €800.00 ($816.33) to €710.00 ($724.49) and set a “buy” rating for the company in a research report on Monday, April 25th. Piper Sandler decreased their target price on shares of ASML from €767.00 ($782.65) to €630.00 ($642.86) in a report on Thursday, May 26th. JPMorgan Chase & Co. decreased their target price on shares of ASML from $925.00 to $794.00 in a report on Thursday, July 21st. Finally, Wells Fargo & Company decreased their target price on shares of ASML from $750.00 to $600.00 and set an “overweight” rating for the company in a report on Friday, July 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price of $747.91.
ASML Price Performance
ASML Cuts Dividend
The firm also recently disclosed a semi-annual dividend, which will be paid on Friday, August 12th. Investors of record on Friday, August 5th will be given a dividend of $1.3991 per share. This represents a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 4th. ASML’s payout ratio is presently 38.13%.
ASML Company Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
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- The Company's net operating revenue reached R$3.2 billion in 2Q22, exceeding by 215% and 3% the amounts recorded in 2Q21 and 2Q19, respectively;
- GOL confirmed the growth in corporate demand and transported 5.8 million passengers in the quarter, more than double that of 2Q21 and still 30% below the volume of 2Q19;
- The disciplined capacity management associated with the consistent recovery in demand resulted in an average yield per passenger of R$43 cents, a record for the Company and a positive growth of 66% over 2Q21;
- Operating results improved, with recurring EBIT at R$50.8 million (margin of 1.6%) and recurring EBITDA at R$439.0 million (margin of 13.5%, positive for the third consecutive quarter); and
- GOL took delivery of three new Boeing 737 MAX-8 aircraft in the quarter and totaled 34 (24% of the current fleet), driving operating cost efficiencies and less carbon emissions.
SÃO PAULO, July 28, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company") (NYSE: GOL and B3: GOLL4), the largest domestic airline in Brazil, released its consolidated results for the second quarter of 2022 (2Q22). During this period, and while taking an assertive approach to capacity management and increasing productivity, the Company recorded the highest yield in its history as well as the highest net operating revenue in a second quarter.
Paulo Kakinoff, Board Member, said: "In June, I ended my 10-year term as an executive at GOL and I would like to express my deep gratitude to the entire Team of Eagles, who have been by my side, both in the most challenging moments and for the countless wins that we have achieved together. With the confidence that we have now overcome one of the most difficult periods in the history of the aviation industry, I am handing over the controls to a new generation of leadership who will lead GOL in the next cycle of sustainable growth."
Celso Ferrer, CEO, added: "I have had the privilege of working with Kakinoff for more than seven years and witnessed his unparalleled leadership skills. I took on the role of CEO with the commitment to focus on three main pillars: growth, consistency and proximity, and look forward to sharing more with you about my vision for these over the coming quarters. GOL's strength has always been our commitment to serving our Customers and being the best for all, and that will continue to be our guiding light as a Company. It is an exciting time for the airline industry as a whole, and with the help of our Team of Eagles, I am confident in leading GOL to even greater heights."
All information in this press release is presented in Brazilian Reais (R$), as per the international accounting standards (IFRS) and with adjusted metrics, made available to enable the comparison of this quarter with the same year-ago quarter (2Q21). Adjusted (recurring) indicators exclude non-recurring expenses linked to the quarter's results and are detailed in their respective tables.
- Revenue Passenger Kilometers (RPK) grew 103.0%, while the total Available Seat Kilometers (ASK) grew by 123.7%;
- Net Revenue more than tripled to R$3.2 billion. Ancillary Revenue, mainly from SMILES and GOLLOG, grew 75% to R$246.4 million;
- The average load factor fell by 7.9 p.p. to 77.2%. Domestic load factor fell by 8.5 p.p. compared to 2Q21, while the international load factor was 86.7%;
- Aircraft utilization was 10.2 hours a day, a gain of 27.5% in productivity;
- The number of passengers transported by GOL doubled to 5.8 million, equivalent to 71.4% of the pre- pandemic number recorded in 2Q19;
- Net Revenue per Available Seat-Kilometer (RASK) grew by 41% to R$35.94 cents;
- Average yield per passenger grew by 66.2% to R$43 cents, which is a record for the Company;
- Recurring Cost per Seat-Kilometer fell by 20.4% to R$35.38 cents. CASK Fuel grew by 72.2% to R$16.06 cents, due to the 80.5% increase in jet fuel (QAV) prices;
- Recurring EBIT was positive by R$50.8 million with 1.6% margin, while recurring EBITDA was positive by R$439 million with 13.5% margin;
- Net Loss reached R$2.8 billion, loss per share reached R$6.81 and loss per ADS reached US$2.77, mainly due to exchange and monetary variations; and
- The net debt ratio (including 7x annual lease payments and excluding the perpetual bonds) over recurring EBITDA LTM reached 9.5x on June 30, 2022, down by 1.6x compared to March 31, 2022 (11.1x), mainly due to the sequential recovery of recurring EBITDA.
Access the earnings release, presentation and full financial statements at: www.voegol.com.br/ri
2Q22 Conference Call: July 28, 2022, 10:00 a.m. (New York time; US EDT), Phone: +1 (412) 317-6382, Code: GOL, broadcast via webcast (https://webcastlite.mziq.com/cover.html?webcastId=bc6af7b7-cbdb-4c09-9bbd-29e85939673a).
Investor Relations: ri@voegol.com.br, +55(11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A. (www.voegol.com.br): The largest airline in Brazil, leader in the corporate and leisure segments. Since founded in 2001, the Company has the lowest unit cost in Latin America, thus democratizing air transportation.
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SOURCE GOL Linhas Aéreas Inteligentes S.A. | https://www.wbko.com/prnewswire/2022/07/28/gol-announces-second-quarter-2022-results/ | 2022-07-28T13:15:38Z | https://www.wbko.com/prnewswire/2022/07/28/gol-announces-second-quarter-2022-results/ | false | 11 |
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The world’s greatest healing crusade, Healing Streams Live Healing Services with Pastor Chris Oyakhilome takes place this Friday, July 29th. This is the second edition of the live program in 2022, the ‘Year of Gathering Clouds’.
Healing Streams Live Healing Services with Pastor Chris Oyakhilome is one of the major events in the life of the Christ Embassy members.
There are two days left until the launch of the Healing Streams Live Healing Services slated for July 29th–31st.
This is a special program organized by Pastor Chris Oyakhilome and the Healing School.
For three days, people around the world get a miraculous chance to be rid of their illnesses, be it physical diseases or mental disorders.
The broadcast of miraculous healing will be available for everyone for free, starting at 3:00 PM GMT+1 daily. The live program will be aired on all LoveWorld TV channels and digital platforms.
Joining the global healing congregation is easy. Just follow the steps below:
Be ready: four steps to prepare for the Healing Streams Live Healing Services
Step One — Pray
“Therefore, I tell you, whatever you ask for in prayer, believe that you have received it, and it will be yours.” — Mark 11:24
Dedicating some time for prayers is the best way to set yourself up for the Healing Streams Live. Pick your prayer slot now.
Step Two — Register and come
“Come, let us bow down in worship, let us kneel before the Lord our Maker.” — Psalm 95:6
If you join the program online, your participation is free. However, you need to register on the official website to keep your spot.
Step Three — Share
“For I am not ashamed of the gospel, for it is the power of God for salvation to everyone who believes, to the Jew first and also to the Greek.” — Romans 1:16
Watching Healing Streams Live is amazing. But doing so together with others is even better. Spread the gospel by setting up virtual healing centers and sending invitations to your family and friends to join.
Step Four — Partner
“Generous persons will prosper; those who refresh others will themselves be refreshed.” — Proverbs 11:25
Why not help others by spreading the word about the Healing Streams Live Healing Services. Reach out to people and tell them about the event — learn more about partnership programs on the Healing Streams’ website.
Chris Oyakhilome: a Pastor people needed the most
The story of Healing Streams goes beyond its actual inception date.
The live program would be impossible without Pastor Chris who is one of the prominent religious leaders in modern Christianity.
Pastor Chris Oyakhilome was born in Lagos, Nigeria. In 1987, while studying at the university, he founded Christ Embassy, also called as LoveWorld Inc.
Starting as a youth leader, Pastor Chris became the head of the Megachurch which is one of the biggest Christian congregations in the world.
The estimated number of the Christ Embassy members globally is 13 million and keeps growing. The main venues include the United States, Canada, Nigeria, the United Kingdom, and South Africa.
Today, LoveWorld Inc. is a big network including not only a church but also a bank, a university, several social media platforms, and television channels.
Christ Embassy also owns several subsidiaries like the LoveWorld Music & Arts Ministry, the Chris Oyakhilome Foundation International (COFI), and the Healing School.
The Healing School is responsible for the organization of the Healing Streams. Their purpose is perfectly described in Matthew 10:8: “Heal the sick, raise the dead, cleanse those who have leprosy, drive out demons. Freely you have received; freely give.”
High hopes and big expectations
Healing Streams Live Healing Services are among the major events in the life of the Christ Embassy members. They cannot wait to witness the miracles of divine healing sent to the sick from God.
Paul from Senegal got healed of severe lower back pain in March 2022, on the previous Healing Streams Live program. However, he is happy to join the congregation again.
He says: “I’m expecting the July edition to bring showers of miracles to billions around the world. I encourage everyone to participate because miracles do exist.”
Paul is not alone. Christians and theologians from different countries show excitement about the upcoming Friday event. Pastor Sonia from the USA encourages people to participate in the event and be ready: “We know for sure that God is ready to heal you. It doesn’t matter what you are going through right now. Just get yourself prepared. You have to be a part of it.”
The previous Healing Streams Live in March saw record participation, as over 6,5 billion people joined Pastor Chris to transform their lives for the better. No doubt, this week’s program will be even more massive. Join billions and see this with your own eyes.
Do not miss the most inspiring event in the LoveWorld Nation, register here. | https://www.deadlinenews.co.uk/2022/07/28/healing-streams-live-healing-services-and-pastor-chris-oyakhilome-offer-hope-as-it-draws-closer/ | 2022-07-28T13:19:51Z | https://www.deadlinenews.co.uk/2022/07/28/healing-streams-live-healing-services-and-pastor-chris-oyakhilome-offer-hope-as-it-draws-closer/ | true | 1 |
Husband’s golf day in memory of wife
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RETIRED cleaning company boss Ray Tunsich is organising a golf day and raffle for the Bronglais Chemo Appeal in memory of his wife Jan.
Ray has already raised more than £3,000 through a fundraising page: www.justgiving.com/fundraising/jan-tunsich
Now he and his family are arranging a golf day on 9 August to take place during Open Week at Penrhos Golf Club in Llanrhystud – and are appealing for raffle prizes.
Ray said: “Jan went to see a doctor with back pain in October last year and, after a scan, we received the devastating news that she had terminal cancer of the gall bladder. She passed away at the end of March this year, aged 75, surrounded by family.
“In her courageous fight against cancer, Jan received tremendous support from the inspirational oncologist Dr Elin Jones and the wonderful team at the chemotherapy day unit in Bronglais Hospital, and the Aberaeron district nurses.
“It was Jan’s express wish that her friends and family support the Appeal for the final £500,000 needed to open a new chemotherapy unit. The new unit will make such a difference.”
“We are thrilled to have raised over £3,000 so far and hope to boost this at the golf day. There will be collection buckets and a raffle in the evening,” added Ray, 76, who has himself had the all-clear after having prostate cancer.
If anyone would like to donate a raffle prize, contact Ray on 07896 073596.
How to support the appeal and ways to donate
Online: The easiest and quickest way to donate is by visiting the appeal webpage www.hywelddahealthcharities.org.uk, where you can either make a secure one-off donation or set up a monthly donation for the duration of the appeal.
By post: Please make all cheques payable to ‘Bronglais Chemotherapy Day Unit Appeal T392’ and send to Head Office: Hywel Dda Health Charities, Hafan Derwen, St David’s Park, Jobswell Road, Carmarthen, SA31 3BB. Remember to include your contact details and please don’t send any cash through the post
Fundraising for the appeal: Online fundraising pages can be set up via the appeal web page at www.hywelddahealthcharities.org.uk. Alternatively, paper sponsorship forms, collection boxes and buckets can be also provided to supporters on request. Please contact the Fundraising Team for more information on [email protected] or call 01970 613881
BACS: Bank details for BACS/online bank transfers can be provided to supporters on request. Please contact the Fundraising Team for more information on [email protected] or call 01970 613881
QR code: To donate, scan the QR code to go direct to the fundraising page bit.ly/BronglaisChemoAppeal
If you’d like to help shape how that may look and secure some free credits if we do go live then please register here.
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ATLANTA, July 28, 2022 /PRNewswire/ -- The Home Depot reduced its combined Scope 1 and 2 carbon emissions by approximately 172,000 metric tons in 2021, equivalent to taking more than 37,000 cars off the road for a year. The company reduced its electricity consumption by approximately 11 percent year-over-year in U.S. stores – while at the same time opening five new stores – and cut U.S. store electricity usage by 50 percent since 2010.
These and other highlights are included in The Home Depot's 2022 ESG Report, which provides updates on the company's progress centered around three environmental, social and governance (ESG) pillars: focusing on our people, operating sustainably, and strengthening our communities.
The Home Depot paid record Fiscal 2021 Success Sharing bonuses to non-management associates of approximately $739 million. The company's U.S. associate base was once again more ethnically diverse than the U.S. working population; approximately 36 percent of its new hires were women, and more than 57 percent were ethnically diverse in 2021. The Home Depot spent $3.3 billion with Tier I diverse suppliers in 2021 and announced a goal to spend $5 billion annually by 2025.
The Home Depot Foundation crossed a milestone of more than $400 million contributed to veterans' causes since 2011, while also making meaningful progress on its skilled trades training initiatives and responding to communities struck by natural disasters during the year.
"Our team knows that an effective ESG strategy works best when we all work together – our associates, nonprofit partners and supplier partners – to generate the most positive impact possible," said Ted Decker, CEO and president of The Home Depot. "The progress we've made in focusing on our people, operating sustainably and strengthening our communities is a testament to the hard work and dedication of our associates. I want to thank them and all our partners for their commitment to helping us do our part to take care of our customers, communities and each other."
Additional Fiscal 2021 highlights around The Home Depot's three ESG pillars include:
Focusing on People
- Awarded approximately $230 million in grants to approximately 164,000 associates since 1999 through its internal associate support program, The Homer Fund
- Completed its goal to launch a Tier II supplier diversity program to encourage its suppliers to spend more with diverse businesses
- Increased the representation of female and underrepresented minority groups across its managers and above population in the U.S.
- Approximately 90 percent of U.S. store leaders started as hourly associates
Operating Sustainably
- In 2021, The Home Depot estimates that customer purchases of Energy Star products helped reduce annual electricity use by 7 billion kilowatt hours, saving $950 million on energy costs, and lowering carbon emissions by 4.9 million metric tons
- The company estimates that water-saving products sold at The Home Depot helped customers reduce consumption by over 66 billion gallons in 2021
- Eliminated 1.1 million square feet of PVC film by redesigning its private label packaging in Fiscal 2021 – enough to cover 19 football fields
- Completed a multi-year project to convert U.S. stores to LED overhead lighting
- Committed to participating in the CDP Forests Questionnaire
Strengthening Communities
- The Home Depot Foundation achieved the milestone of 10 years of its commitment to support the U.S. military veteran community, while also surpassing $400 million contributed to veterans' causes
- In 2021, approximately 14,000 associates volunteered in communities across 150 cities nationwide through Team Depot, The Home Depot's associate volunteer force
- Since 2011, Team Depot has volunteered more than 1.25 million service hours to veterans' causes
- The Home Depot Foundation committed more than $7 million in 2021 to help communities impacted by natural disasters
- Since 2009, the company's "Retool Your School" grant program has helped fund more than 100 campus beautification projects benefitting 65 percent of historically black colleges and universities (HBCU's)
About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer. At the end of the first quarter, the company operated a total of 2,316 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The company employs approximately 500,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index. The Home Depot is #17 on the 2022 Fortune 500.
Certain statements contained herein constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements may relate to, among other things, our goals, commitments and programs, and projections of future results, including our ability to meet our goals; the impact on our business, operations and financial results of the COVID-19 pandemic and the related recovery; our business plans, strategies, initiatives and objectives and their expected execution and impact; management of relationships with our associates, potential associates, suppliers and service providers; cost and availability of labor; costs of fuel and other energy sources; international trade disputes, natural disasters, climate change, public health issues (including pandemics and quarantines, related shut-downs and other governmental orders, and similar restrictions, as well as subsequent re-openings), cybersecurity events, military conflicts or acts of war, and other business interruptions that could disrupt operation of our facilities, our ability to operate or access communications, financial or banking systems, or supply or delivery of, or demand for, the Company's products or services; the impact of regulatory changes; the impact of acquired companies on our organization; and our assumptions, expectations and projections regarding any of the foregoing.
Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. They are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, those described in the "Risk Factors" section and elsewhere in our most recently filed Annual Report on Form 10-K, and also in future reports we file with the Securities and Exchange Commission. We encourage you to review these filings. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our filings with the Securities and Exchange Commission and in our other public statements.
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SALT LAKE CITY, July 28, 2022 /PRNewswire/ -- Sera Prognostics Inc., The Pregnancy Company® (Nasdaq: SERA), focused on improving maternal and neonatal health by providing innovative pregnancy biomarker information to doctors and patients, today announced that it will report second quarter fiscal year 2022 financial results on Wednesday, August 10, 2022, after the close of the market. The Company will host a corresponding conference call and live webcast to discuss operational highlights, financial results and key topics at 5:00 p.m. Eastern Time. A press release outlining the financial results and highlights will be publicly distributed before the call.
Conference Call Details:
US domestic callers: (866) 218-2405
International callers: (412) 902-6607
Webcast Registration Link: https://app.webinar.net/JMrRmxrD9Qj
Live audio of the webcast will be available online from the Investors page of the Company's website at www.seraprognostics.com. The webcast will be archived on the Investors page and will be available for one year.
About Sera Prognostics, Inc.
Sera Prognostics is a leading health diagnostics company dedicated to improving the lives of women and babies through precision pregnancy care. Sera's mission is to deliver early, pivotal information in pregnancy to physicians, enabling them to improve the health of their patients, resulting in reductions in the costs of healthcare delivery. Sera has a robust pipeline of innovative diagnostic tests focused on the early prediction of preterm birth risk and other complications of pregnancy. Sera's precision medicine PreTRM® Test reports to a physician the individualized risk of spontaneous premature delivery in a pregnancy, enabling earlier proactive interventions in women with higher risk. Sera Prognostics is located in Salt Lake City, Utah.
About Preterm Birth
Preterm birth is defined as any birth before 37 weeks' gestation and is the leading cause of illness and death in newborns. The 2021 March of Dimes Report Card shows that more than one in ten infants is born prematurely. Prematurity is associated with a significantly increased risk of major long-term medical complications, including learning disabilities, cerebral palsy, chronic respiratory illness, intellectual disability, seizures, and vision and hearing loss, and can generate significant costs throughout the lives of affected children. The annual health care costs to manage short- and long-term complications of prematurity in the United States were estimated to be approximately $25 billion for 2016.
About the PreTRM® Test
The PreTRM® test is the only broadly validated, commercially available blood-based biomarker test that provides an early, accurate and individualized risk prediction for spontaneous preterm birth in asymptomatic singleton pregnancies. The PreTRM® test measures and analyzes proteins in the blood that are highly predictive of preterm birth. The PreTRM® test permits physicians to identify, during the 19th or 20th week of pregnancy, which women are at increased risk for preterm birth, enabling more informed, personalized clinical decisions based on each woman's individual risk. The PreTRM® test is ordered by a medical professional.
Sera Prognostics, the Sera Prognostics logo, The Pregnancy Company, and PreTRM are trademarks or registered trademarks of Sera Prognostics, Inc. in the United States and/or other countries.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the date, time and content of the Company's quarterly earnings release and conference call; and the company's strategic directives under the caption "About Sera Prognostics, Inc." These "forward-looking statements" are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by forward-looking statements. These risks and uncertainties include, but are not limited to: net losses, cash generation, and the potential need to raise more capital; revenues from the PreTRM test representing substantially all Company revenues to date; the need for broad scientific and market acceptance of the PreTRM test; a concentrated number of material customers; our ability to introduce new products; potential competition; our proprietary biobank; critical suppliers; the ongoing COVID-19 pandemic and its impact on our operations, as well as the business or operations of third parties with whom we conduct business; estimates of total addressable market opportunity and forecasts of market growth; potential third-party payer coverage and reimbursement; new reimbursement methodologies applicable to the PreTRM test, including new CPT codes and payment rates for those codes; changes in FDA regulation of laboratory-developed tests; the intellectual property rights protecting our tests and market position; and other factors discussed under the heading "Risk Factors" contained in our Final Prospectus on Form S-1, which was filed with the Securities and Exchange Commission on July 14, 2021, as well as any updates to those risk factors filed from time to time in our Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K, or Current Reports on Form 8-K. All information in this press release is as of the date of the release, and the Company undertakes no duty to update this information unless required by law.
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Achieves Top ISS ESG QualityScore Rating for Environmental and Social Disclosures
~40% of Wholly-Owned Multifamily Portfolio is Green Certified (LEED® or equivalent)
JERSEY CITY, N.J., July 28, 2022 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE), a forward-thinking, environmentally- and socially-conscious REIT that primarily owns, operates, acquires, and develops Class A multifamily properties, today announced that it has further advanced its mission of being a responsible, sustainable, inclusive, and equitable member of the built environment while continuing to generate long-term value for shareholders.
As a result of the company's enhanced environmental, social and governance (ESG) efforts, including the introduction of new, more sustainability-focused policies at the corporate and property levels, and enriched environmental and sustainability disclosures, for June 6, 2022, Veris Residential has earned a QualityScore rating of "1" for both Environmental and Social disclosures, up from 9 and 8, respectively, since October 2020, from Institutional Shareholder Services (ISS). The ISS QualityScore measures the depth and extent of a company's ESG disclosures relative to its industry peer group and is designed to help investors monitor the ESG risks in their portfolio companies. Scores are provided on a scale from 1 to 10, with 10 being the highest risk rating.
Mahbod Nia, Chief Executive Officer of Veris Residential, said, "I am incredibly proud Veris Residential has earned sector-leading ISS ESG QualityScore ratings among our peer group from an independent third party with a data-driven scoring approach to measuring corporate environmental and social disclosures. These scores are a testament to the hard work our team has put into weaving ESG considerations into the fabric of our company. We recognize there is still much more to be done, and are excited to continue our journey toward a more sustainable future that positively impacts our properties, our people, and our planet while creating value for our shareholders."
Veris Residential today also announced that sustainability addendums to lease agreements have been signed for more than 20% of its residential portfolio, and nearly 40% of its wholly-owned multifamily portfolio is now Green Certified (LEED® or equivalent), up from 33% just two months ago, as a result of the company's 313-unit property, RiverHouse 9 at Port Imperial, earning LEED® Silver certification. Veris Residential undertook the following improvements at the property to meet certification criteria, including:
- optimized energy performance in common areas and individual metering in apartments
- installed LED lighting throughout common areas and Energy Star appliances in apartments
- ensured that more than 50% of the property's roof is planted live green to enable mitigation of heat island effects and support stormwater management best practices
- used sustainably sourced raw materials for new construction
- improved indoor air quality measures to protect the health of residents and employees, including the use of ionization technology in clean air devices installed in elevator cabs to reduce airborne contaminants
- installed electric vehicle charging stations and ample bicycle storage to promote resident use of alternative transportation and reduce greenhouse gas emissions.
In addition to RiverHouse 9, other Veris Residential properties that recently achieved Green Certification, include The Capstone, which was awarded LEED® Silver certification in January 2022, and Portside I and Portside 2, which earned Energy Star scores of 95 and 98, respectively, in April 2022.
Karen Cusmano, Senior Vice President, Head of Sustainability and ESG at Veris Residential, said, "I am pleased that Veris Residential's unwavering efforts to reduce our carbon footprint have been independently recognized by ISS, LEED® and Energy Star. Measuring and seeking to mitigate the impact our buildings and operations have on the environment is critical to the future of our company and our planet, which is why we have committed to continuing to increase green-certified buildings across our portfolio."
Veris Residential's 2021 Environmental Social Governance report, which outlines the company's plans for achieving its ESG goals, and more information on its commitment to making a positive impact, is available online here.
About Veris Residential, Inc.
Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principles, a best-in-class and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris Residential, Inc. and our properties available for lease, please visit verisresidential.com.
Media contact
Amanda Shpiner/Grace Cartwright
Gasthalter & Co.
212-257-4170
veris-residential@gasthalter.com
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(LEAD) Yoon, Widodo agree to boost cooperation on supply chains of key minerals
(ATTN: ADDS remarks, details in paras 8-10)
By Lee Haye-ah
SEOUL, July 28 (Yonhap) -- President Yoon Suk-yeol and Indonesian President Joko Widodo held a summit in Seoul on Thursday and agreed to work together to stabilize supply chains of key minerals and strengthen cooperation on economic security issues.
Widodo arrived Wednesday for a two-day official visit that included a meeting with businesspeople and a visit to a Hyundai Motor research center.
During his summit with Yoon, the leaders discussed ways to enhance practical cooperation between their countries, including in economic security, infrastructure, defense and the environment, according to the presidential office.
"Today, President Jokowi and I agreed to further strengthen the two countries' strategic cooperation in step with the changing international state of affairs," Yoon said, referring to Widodo by his nickname, as he read out a joint statement at a joint press briefing following the summit.
"President Jokowi and I agreed to build a strategic union in advanced industries, such as electric cars and batteries, by strengthening economic security cooperation between the two countries, including through the stabilization of supply chains of key minerals," he said.
Yoon noted Indonesia is rich in nickel and other minerals that serve as key ingredients for South Korea's cutting-edge industries.
He also said the two sides agreed to work closely on shared interests within the recently launched Indo-Pacific Economic Framework.
The two leaders agreed to bolster cooperation against North Korea's nuclear and missile threats, and Russia's invasion of Ukraine as well as humanitarian crisis in Myanmar.
Widodo said economic cooperation between the two nations will be further strengthened.
Earlier in the day, POSCO and Indonesia's state-run steelmaker Krakatau agreed to spend US$3.5 billion over the next five years on building a second furnace in Indonesia. Widodo said the project will create about 58,000 jobs.
The summit covered diverse areas, with the two sides revising a memorandum of understanding on cooperation on a project to relocate Indonesia's capital city.
Yoon said the agreement laid the foundation for South Korean businesses to actively participate in infrastructure, electronic administration and smart city projects in the new capital.
In defense, the two leaders celebrated the successful first test flight of the countries' jointly developed KF-21 fighter jet and reaffirmed their commitment to closely cooperating until the completion of the jet project.
Indonesia has yet to pay its share of the cost of the project due to what it claims are economic difficulties.
The two sides agreed to accelerate working-level talks on the issue, the presidential office said.
Indonesia is the only member of the Association of Southeast Asian Nations (ASEAN) to have a special strategic partnership with South Korea, accounting for 41 percent of the bloc's population and 34 percent of its total gross domestic product.
hague@yna.co.kr
(END)
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(Yonhap Interview) Fintech startup 8percent seeks to expand in niche lending
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FM says S. Korea-Japan summit feasible when forced labor issues are resolved
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Rival parties reach agreement on parliamentary committee formation
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(LEAD) Rival parties reach agreement on parliamentary committee formation
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(2nd LD) Rival parties reach agreement on parliamentary committee formation
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(2nd LD) DP lawmaker says repatriated N.K. fishermen were not headed to S. Korea
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(2nd LD) PPP floor leader apologizes over text conversation with president
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(LEAD) DP lawmaker says repatriated N.K. fishermen were not headed to S. Korea
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N. Korean leader warns S. Korean gov't, military will be wiped out if they make any 'dangerous attempt'
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(LEAD) N.K. leader warns S. Korean gov't, military to be annihilated in event of preemptive strike bid
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S. Korea launches new 8,200-ton Aegis destroyer, Jeongjo The Great
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(2nd LD) N.K. leader warns S. Korean gov't, military to be annihilated in event of preemptive strike bid
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(LEAD) Poland signs deal to buy S. Korean-made fighters, tanks, howitzers | https://en.yna.co.kr/view/AEN20220728012651315 | 2022-07-28T13:24:07Z | https://en.yna.co.kr/view/AEN20220728012651315 | true | 3 |
DALLAS, July 28, 2022 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended June 30, 2022.
NREF reported net income of $8.5 million, or $0.34 per diluted share1, for the three months ended June 30, 2022, as compared to net income of $12.3 million, or $0.58 per diluted share, for the three months ended June 30, 2021.
NREF reported earnings available for distribution2 of $12.6 million, or $0.56 per diluted share1, for the three months ended June 30, 2022.
Matt McGraner, Chief Investment Officer of NREF, said "During Q2, NREF continued to deliver stable earnings and CAD, while generating more than $100 million of high-quality investments during a volatile capital markets environment. NREF will continue to deploy assets into investments in line with the Company's favorite real estate verticals – life science, self-storage, and workforce rental housing, all of which NREF believes should outperform amid this inflationary environment."
Second Quarter 2022 Highlights
- Outstanding total portfolio of $1.6 billion, composed of 75 investments3
- Single-family rental ("SFR"), multifamily, life sciences, and self-storage represent 44.2%, 53.7%, 1.7%, and 0.5% of the Company's debt portfolio, respectively
- Weighted-average loan to value ("LTV")4 and debt service coverage ratio ("DSCR") on our SFR, CMBS, CMBS IO strips, preferred, mezzanine, bridge loan, credit risk transfer and SFR-pass through certificate investments are 68.5% and 1.63x3, respectively
- As of July 27, 2022, there are no loans currently in forbearance in our portfolio
- During 2Q 2022, NREF purchased $8.0MM of preferred equity investments with a current yield of 10.5%
- On April 14, 2022, a $25.0MM convertible note converted into common stock in a private ground lease REIT
- On April 25, 2022, one single–family rental first mortgage loan with an aggregate principal amount of $6.1MM was repaid in full
- On May 2, 2022, NREF purchased a $40.7MM fixed rate Freddie Mac SB-Series B-Piece, with an estimated 7.9% yield
- On June 1, 2022, NREF purchase two single-family rental pass-through certificates with an aggregate $20.5MM in principal outstanding
- On June 9, 2022, NREF originated a $4.5MM mezzanine loan with a yield of SOFR + 1070bps
- Year-over-year changes of earnings per diluted share, earnings available for distribution per diluted share, cash available for distribution2 per diluted share and book value per combined share (common shares and noncontrolling interests) of -41.4%, 36.9%, 34.3% and 5.9%, respectively
- Today, NREF announced a third quarter 2022 dividend of $0.50 per common share
1 Weighted-average diluted shares outstanding assumes vesting of all outstanding unvested restricted stock units and the conversion of all redeemable non-controlling interests.
2 Earnings available for distribution and cash available for distribution are non-GAAP measures. For a discussion of why we consider these non-GAAP measures useful and reconciliations of earnings available for distribution and cash available for distribution to net income (loss) attributable to common stockholders, see the "Reconciliations of Non-GAAP Financial Measures" and "Non-GAAP Financial Measures" sections of this release.
3 As of July 27, 2022; CMBS B-Pieces reflected on an unconsolidated basis.
4 Loan to value is generally based on the initial loan amount divided by the as-is appraised value as of the date the loan was originated or by the current principal amount as of the date of the most recent as-is appraised value. For our CMBS B-Pieces, LTV is based on the weighted-average LTV of the underlying loan pool.
5 Net income attributable to common stockholders in 3Q 2022 is estimated to be between $5.9MM and $7.6MM. See reconciliations below.
Looking Ahead: Third Quarter 2022 Guidance
Earnings Available for Distribution
- 3Q 2022 EAD per diluted common share guidance is $0.445 at the midpoint
Cash Available for Distribution
- 3Q 2022 CAD per diluted common share guidance is $0.515 at the midpoint
Conference Call Details
The Company is scheduled to host a conference call on Thursday, July 28, 2022, at 1:00 p.m. ET (12:00 p.m. CT), to discuss second quarter 2022 financial results.
The conference call can be accessed live over the phone by dialing 888-220-8474 or, for international callers, +1 646-828-8193 and using passcode Conference ID: 5263678. A live audio webcast of the call will be available online at the Company's website, https://nref.nexpoint.com (under "Resources"). An online replay will be available shortly after the call on the Company's website and continue to be available for 60 days.
A replay of the conference call will also be available through Thursday, August 4, 2022, by dialing 888-203-1112 or, for international callers, +1 719-457-0820 and entering passcode 5263678.
For additional commentary and portfolio information, please view NREF's earning supplement, which was posted on the Company's website, http://nref.nexpoint.com.
Reconciliations of Non-GAAP Financial Measures
The following table provides a reconciliation of Earnings Available for Distribution and Cash Available for Distribution to GAAP net income attributable to common stockholders (in thousands, except per share amounts):
About NexPoint Real Estate Finance, Inc.
NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NREF" primarily focused on originating, structuring and investing in first mortgage loans, mezzanine loans, preferred equity and alternative structured financings in commercial real estate properties, as well as multifamily commercial mortgage-backed securities. More information about the Company is available at http://nref.nexpoint.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be identified by words such as "anticipate", "estimate", "expect," "intend," "may", "should" and similar expressions, and variations or negatives of these words. These forward-looking statements include, but are not limited to, statements regarding the Company's business and industry in general, the Company's strategy to continue to invest in investments in its favorite verticals, which NREF believes should outperform amid this inflationary environment, estimated yields and third quarter 2022 guidance, including net income attributable to common stockholders, EAD and CAD. They are not guarantees of future results and forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement, including the ultimate duration and severity of the COVID-19 pandemic, and the effectiveness of actions taken, or actions that may be taken, by governmental authorities to contain the outbreak or treat its impact, as well as those described in greater detail in our filings with the Securities and Exchange Commission, particularly those described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers should not place undue reliance on any forward-looking statements and are encouraged to review the Company's Annual Report on Form 10-K and the Company's other filings with the SEC for a more complete discussion of risks and other factors that could affect any forward-looking statement. The statements made herein speak only as of the date of this press release and except as required by law, the Company does not undertake any obligation to publicly update or revise any forward-looking statements.
Non-GAAP Financial Measures
This press release contains non-GAAP financial measures. A "non-GAAP financial measure" is defined as a numerical measure of a company's financial performance that excludes or includes amounts so as to be different than the most directly comparable measure calculated and presented in accordance with GAAP in the statements of income, balance sheets or statements of cash flows of the Company. The non-GAAP financial measures used within this press release are earnings available for distribution ("EAD") and cash available for distribution ("CAD").
EAD is defined as net income (loss) attributable to our common stockholders computed in accordance with GAAP, including net income (loss) attributable to non-controlling interests and realized gains and losses not otherwise included in net income (loss), excluding any unrealized gains or losses or other similar non-cash items that are included in net income (loss) for the applicable reporting period, regardless of whether such items are included in other comprehensive income (loss), or in net income (loss) and adding back amortization of stock-based compensation. We use EAD to evaluate our performance which excludes the effects of certain GAAP adjustments and transactions that we believe are not indicative of our current operations and to assess our long-term ability to pay distributions. We believe providing EAD as a supplement to GAAP net income (loss) to our investors is helpful to their assessment of our performance and our long-term ability to pay distributions. We also use EAD as a component of the management fee paid to our manager. EAD does not represent net income or cash flows from operating activities and should not be considered as an alternative to GAAP net income, an indication of our GAAP cash flows from operating activities, a measure of our liquidity or an indication of funds available for our cash needs. Our computation of EAD may not be comparable to EAD reported by other REITs.
We calculate CAD by adjusting EAD by adding back amortization of premiums, amortization and depreciation and amortization of deferred financing costs and by removing accretion of discounts and non-cash items, such as stock dividends. We use CAD to evaluate our performance and our current ability to pay distributions. We also believe that providing CAD as a supplement to GAAP net income (loss) to our investors is helpful to their assessment of our performance and our current ability to pay distributions. CAD does not represent net income or cash flows from operating activities and should not be considered as an alternative to GAAP net income, an indication of our GAAP cash flows from operating activities, a measure of our liquidity or an indication of funds available for our cash needs. Our computation of CAD may not be comparable to CAD reported by other REITs.
Contact:
Jackie Graham
Director, Investor Relations
JGraham@nexpoint.com
Media: MediaRelations@nexpoint.com
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Chamberlain Hrdlicka Expands Tax Team With 2 Atlanta Attys
By Emily Sides · July 27, 2022, 2:30 PM EDT
Chamberlain Hrdlicka White Williams & Aughtry has strengthened its tax controversy and litigation team with the addition of two associates in its Atlanta office, boosting the firm's number of additions in...
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Trilogy Metals Inc. (NYSEAMERICAN:TMQ – Get Rating) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 191,800 shares, a growth of 356.7% from the June 30th total of 42,000 shares. Based on an average daily trading volume, of 173,800 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.2% of the shares of the company are sold short.
Trilogy Metals Stock Performance
Shares of Trilogy Metals stock opened at $0.63 on Thursday. Trilogy Metals has a 12-month low of $0.61 and a 12-month high of $2.36. The stock has a market capitalization of $91.17 million, a PE ratio of -3.91 and a beta of 1.65.
Institutional Investors Weigh In On Trilogy Metals
A number of institutional investors and hedge funds have recently modified their holdings of the company. Virtu Financial LLC bought a new position in shares of Trilogy Metals in the first quarter worth approximately $29,000. Acadian Asset Management LLC bought a new position in shares of Trilogy Metals in the first quarter worth approximately $35,000. Bank of Montreal Can bought a new position in shares of Trilogy Metals in the first quarter worth approximately $36,000. CastleKnight Management LP bought a new position in shares of Trilogy Metals in the fourth quarter worth approximately $69,000. Finally, Sprott Inc. increased its position in shares of Trilogy Metals by 7.4% in the fourth quarter. Sprott Inc. now owns 1,352,121 shares of the mining company’s stock worth $2,231,000 after purchasing an additional 93,492 shares during the last quarter. 28.37% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
About Trilogy Metals
Trilogy Metals Inc, a base metals exploration company, explores for and develops mineral properties in the United States. It principally holds interests in the Upper Kobuk mineral projects that include the Arctic, which contains polymetallic volcanogenic massive sulfide deposits; and Bornite that contains carbonate-hosted copper – cobalt deposits covering an area of approximately 426,690 acres located in the Ambler mining district in Northwest Alaska.
Further Reading
- Get a free copy of the StockNews.com research report on Trilogy Metals (TMQ)
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Receive News & Ratings for Trilogy Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trilogy Metals and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.com-unik.info/2022/07/28/short-interest-in-trilogy-metals-inc-nyseamericantmq-grows-by-356-7.html | 2022-07-28T13:29:01Z | https://www.com-unik.info/2022/07/28/short-interest-in-trilogy-metals-inc-nyseamericantmq-grows-by-356-7.html | true | 1 |
Draya Michele and Fashion Brand PrettyLittleThing link up for a collection, and every piece is on point!
If you are one of the millions of people who follow Draya Michele on Instagram, then we are pretty sure you admire most of her fashion looks. The popular model has a way of stealing the show with sexy outfits that accent her curves. While most of her dresses may be out of our reach, this collaboration with PrettyLittleThing makes some of her fashion choices attainable.
Just in time for fall, Draya Michele and PrettyLittleThing unveil a women’s collection that speaks to the motorcycle trend and promotes the values of inspiration and empowerment. The line will include bodycon dresses, micro skirts, gloves, cargo pants, mesh details, and more. It is perfect for dates, parties, brunches, and other fun events.
Draya is excited about her upcoming collaboration. She stated that she and the PrettyLittleThing retailer had an instant connection. “You know when you meet people, and you just connect with them right away? That’s how it is with the PLT team. I’ve been working with them for over a year now and when the idea came up to co-design a collection, I couldn’t say no. Our pieces are sexy, stylish, and very on trend – be proud of who you are and what you have! I can’t wait for everyone to try them,” Draya noted.
To view the full collection, click here.
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PrettyLittleThing Launches Fashion Collection With Draya Michele And We Want Every Piece! was originally published on hellobeautiful.com | https://rickeysmileymorningshow.com/2900936/prettylittlething-launches-fashion-collection-with-draya-michele-and-we-want-every-piece/ | 2022-07-28T13:29:53Z | https://rickeysmileymorningshow.com/2900936/prettylittlething-launches-fashion-collection-with-draya-michele-and-we-want-every-piece/ | false | 11 |
Asia's richest woman Yang Huiyan loses half her wealth amid China property crisis
By Lokmat English Desk | Published: July 28, 2022 06:43 PM2022-07-28T18:43:55+5:302022-07-28T18:45:58+5:30
The ongoing real estate crisis in China is affecting the general public and businesses as well as the wealthy. ...
The ongoing real estate crisis in China is affecting the general public and businesses as well as the wealthy. As a result, Asia's richest woman's wealth has fallen by more than 50 percent in the past year. Yang Huiyan, the owner of China's largest real estate company Country Garden and Asia's richest woman, saw her wealth drop 52 percent to $11.3 billion from $23.7 billion a year earlier, according to the Bloomberg Billionaires Index.
The main reason for Yang Huiyan's decline in wealth was the fall in her company's share price. Her company's shares fell 15 percent on Wednesday due to China's real estate crisis. Country Garden was started by Yang Huian's father, Yang Guoqiang, then in 2005 he handed over all the company's shares to his daughter, and since then Yang Huian has been on the list of the world's richest people. Yang Huiyan is in danger of losing her title as Asia's richest woman. Chinese chemical tycoon Fan Hongwei is now worth $11.2 billion.
Meanwhile, China's real estate sector is currently facing a liquidity crisis due to over-indebtedness. In many provinces in China, builders are selling houses to farmers in exchange for fruits and vegetables. According to media reports, the financial crisis has led to a sharp drop in house prices across the country and in many provinces, people are defaulting on their mortgages. This is because the value of their houses has decreased significantly compared to the loans taken from them.
Open in app | https://www.lokmattimes.com/international/asias-richest-woman-yang-huiyan-loses-half-her-wealth-amid-china-property-crisis-a473/ | 2022-07-28T13:30:24Z | https://www.lokmattimes.com/international/asias-richest-woman-yang-huiyan-loses-half-her-wealth-amid-china-property-crisis-a473/ | false | 1 |
HOUSTON, July 28, 2022 /PRNewswire/ — LyondellBasell today announced it has made another step forward in its journey to net zero greenhouse gas (GHG) emissions. The company signed two additional long-term renewable electricity power purchase agreements (PPA) with Buckeye Partners for a total of 165 megawatts (MW) to be sourced from Buckeye’s solar farms currently under construction in north Texas. This announcement is another example of the progress LyondellBasell is making towards achieving its 2030 goal of procuring at least half, approximately five million megawatt hours (MWh) per year, of its current electricity consumption from renewable sources.
This agreement is the fourth renewable energy PPA for LyondellBasell and comes just one month after the company announced PPAs with ENGIE North America for 100 MW and Buckeye for 116 MW. The four agreements represent a total of 381 MW of renewable energy, estimated to generate approximately 1,037,000 megawatt-hours (MWh) of clean power annually. This is equivalent to the yearly electricity consumption of over 96,000 American homes.
“Infused in the work we do and products we make is our commitment to continually improve the quality of life and the environment,” said Peter Vanacker, CEO of LyondellBasell. “Renewable energy is an important step to achieving our GHG emission reduction goals on our journey to net-zero by 2050. Through their use in the production of wind turbines, solar panels and electric vehicles, our products are critical to the energy transition. Expanding our investment in wind and solar energy sources helps reduce the emissions associated with producing the vital products which make renewable energy possible.”
Buckeye Crown and Sol Solar Projects
Buckeye’s Crown and Sol solar projects are located in Falls County, Texas on adjacent sites and are expected to commence commercial operations in the third quarter of 2023. Each PPA term with LyondellBasell is for 15 years. The projects are estimated to generate over 400,000 MWh of clean power annually for LyondellBasell, equivalent to 152,000 metric tons of carbon dioxide or the yearly electricity consumption of nearly 37,000 average American homes.
Decarbonizing electricity supply through the purchase of renewable electricity is important to meeting LyondellBasell’s 2030 targets. The renewable energy source target is estimated to reduce approximately 1.5 million metric tons of greenhouse emissions from its scope 2 emissions annually.
About LyondellBasell
As a leader in the global chemical industry, LyondellBasell strives every day to be the safest, best operated and most valued company in our industry. The company’s products, materials and technologies are advancing sustainable solutions for food safety, access to clean water, healthcare and fuel efficiency in more than 100 international markets. LyondellBasell places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce. The company takes great pride in its world-class technology and customer focus. LyondellBasell has stepped up its circularity and climate ambitions and actions to address the global challenges of plastic waste and decarbonization. In 2022, LyondellBasell was named as one of FORTUNE Magazine’s “World’s Most Admired Companies” for the fifth consecutive year. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.
Forward-Looking Statements
The statements in this release relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management of LyondellBasell which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. When used in this presentation, the words “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Actual results could differ materially based on factors including, but not limited to, the availability, cost and price volatility of utilities; our ability to meet our sustainability goals, including our ability to reduce our emissions and achieve net zero emissions by the time set in our goals; our ability to procure energy from renewable sources; and the successful construction and operation of the projects described in this release. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2021, which can be found at www.LyondellBasell.com on the Investor Relations page and on the Securities and Exchange Commission’s website at www.sec.gov. There is no assurance that any of the actions, events or results of the forward-looking statements will occur, or if any of them do, what impact they will have on our results of operations or financial condition. Forward-looking statements speak only as of the date they were made and are based on the estimates and opinions of management of LyondellBasell at the time the statements are made. LyondellBasell does not assume any obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by law.
SOURCE LyondellBasell Industries | https://www.aap.com.au/aapreleases/cision20220728ae28133/ | 2022-07-28T13:31:34Z | https://www.aap.com.au/aapreleases/cision20220728ae28133/ | true | 18 |
New Delhi [India], July 28 (ANI): Amid the row over the alleged involvement of Trinamool Congress (TMC) leader Partha Chatterjee in the West Bengal teacher recruitment scam, BJP leader Dilip Ghosh on Thursday said embezzlement worth thousands of crores had taken place but the state's ruling party was busy only trying to save its leader just like the Congress.
Speaking to ANI, Ghosh said, "These people keep changing their statements every day. This is all drama. The party wants to cut relations with Partha Chatterjee. Now Mamata ji, her nephew and the government all are busy saving the family. All of them (TMC) are busy saving the family, to save their leader like the Congress party. I do not think anyone will be saved."
Also Read | Punjab Shocker: Class 12 Girl Raped in Ludhiana, Accused Booked.
The BJP national vice president alleged that the scam was to the tune of Rs 1,000 crore.
"Hundreds of people are involved in that scam who used to collect money. Government officials, MLAs, MPs, Ministers and leaders of block levels are involved in the scam. And gradually all the information will come out, there is a big scam. Didi says Bengal is the frontrunner. Yes, she is right Bengal is the frontrunner in corruption."
BJP MP and West Bengal BJP vice president Saumitra Khan alleged Chief Minister Mamata Banerjee's involvement and demanded her arrest.
"Mamata Banerjee is 100 per cent involved with Partha Chatterjee in the whole scam. She should be arrested. This is just a small amount. Mamata ji's nephew has at least thousands of crores in Kalighat. The biggest thing is that this is only cash. Apart from this, there is black money in bank accounts," Khan told ANI.
Meanwhile, West Bengal Minister Partha Chatterjee was relieved of his duties as a minister in the Mamata Banerjee-led state government on Thursday.
The announcement was made through a notification issued by the West Bengal government. Chatterjee was the minister in charge for the Department of Industry, Commerce and Enterprises, Department of Information Technology and Electronics, Department of Parliamentary Affairs and Department of Public Enterprises and Industrial Reconstruction.
Earlier on Thursday, TMC state general secretary Kunal Ghosh urged his party to sack West Bengal minister Partha Chatterjee and also remove him from all party posts following allegations of his role in a massive school jobs scam.
The Enforcement Directorate (ED) on Saturday had arrested Chatterjee in connection with the West Bengal School Service Commission and West Bengal Primary Education Board recruitment scam.
The ED also claimed to have seized a huge amount of cash in the case. (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-tmc-busy-in-saving-a-family-its-leader-like-congress-dilip-ghosh-on-wbssc-scam-4009153.html | 2022-07-28T13:32:50Z | https://www.latestly.com/agency-news/india-news-tmc-busy-in-saving-a-family-its-leader-like-congress-dilip-ghosh-on-wbssc-scam-4009153.html | false | 2 |
DALLAS, July 28, 2022 /PRNewswire/ -- NexPoint Real Estate Finance ("NREF" or the "Company") (NYSE: NREF) announced today that its board of directors has declared a quarterly dividend of $0.50 per share of NREF common stock. The dividend will be payable on September 30, 2022 to stockholders of record on September 15, 2022.
NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NREF" primarily focused on originating, structuring and investing in first mortgage loans, mezzanine loans, preferred equity and alternative structured financings in commercial real estate properties, as well as multifamily commercial mortgage-backed securities. More information about the Company is available at http://nref.nexpoint.com.
Contact:
Jackie Graham
Investor Relations
JGraham@nexpoint.com
Media: MediaRelations@nexpoint.com
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SOURCE NexPoint Real Estate Finance, Inc. | https://www.wctv.tv/prnewswire/2022/07/28/nexpoint-real-estate-finance-inc-announces-quarterly-dividend/ | 2022-07-28T13:34:36Z | https://www.wctv.tv/prnewswire/2022/07/28/nexpoint-real-estate-finance-inc-announces-quarterly-dividend/ | false | null |
Truong to guide Vena's legal affairs as SVP, General Counsel and Corporate Secretary
TORONTO, July 28, 2022 /PRNewswire/ -- Vena, the Complete Planning platform loved by finance and trusted by business, today announced that Le Huong Truong has been promoted to Senior Vice President, General Counsel and Corporate Secretary and will join Vena's executive leadership team led by CEO Hunter Madeley.
"It's important for all leaders to find the right balance of speed and certainty, especially in our high-growth environment," said Madeley. "Le's strong, stable advice and counsel have provided a solid foundation for Vena's continued success. We are fortunate to be able to lean on and learn from Le as we continue to build our company and culture."
Truong joined Vena as Vice President and General Counsel in 2020, leading the legal function to deliver on its core mandate of managing risk and driving growth at scale. She was also instrumental in completing Vena's Series C funding round, which raised approximately $300 million in one of the largest funding rounds for a Canadian tech company.
Previously, Truong served as Senior Corporate Counsel at technology solutions provider CDW, overseeing the company's Canadian legal function as a member of its Canadian leadership team. Prior to that, she served as Legal Counsel for the Ontario Lottery and Gaming Corporation and as an associate at the law firm Davies Ward Phillips & Vineberg LLP. Truong holds a bachelor's degree in Economics from the University of Waterloo. She also earned a master's degree in Business Administration and a Juris Doctor from the University of Toronto.
"It's an honor and a privilege to serve on the executive leadership team alongside Hunter and so many other talented Venanites," Truong said. "Coming off a record-setting first half, I am excited at the opportunity to help guide our company in its mission and in the continued service of our customers."
Vena is the only native Excel Complete Planning platform built for Microsoft 365 with Power BI Embedded. Vena transforms how business, finance and operations leaders Plan To Grow™ with the Vena Growth Engine, the SaaS platform and methodology that empowers and inspires your plans and guides your growth journey. Over 1,300 of the world's leading companies power their growth with Vena. For more information, visit venasolutions.com.
MEDIA CONTACT
Jonathan Paul
Vena
jpaul@venacorp.com
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SOURCE Vena | https://www.actionnews5.com/prnewswire/2022/07/28/vena-solutions-promotes-le-huong-truong-executive-leadership-team/ | 2022-07-28T13:35:32Z | https://www.actionnews5.com/prnewswire/2022/07/28/vena-solutions-promotes-le-huong-truong-executive-leadership-team/ | false | 20 |
American Campus Communities Inc. (ACC)’s stock is trading at $65.29 at the moment marking a rise of 0.02% from the last session close. As of this writing, shares are priced at -0.08% less than their 52-week high of $65.34, and 35.99% over their 52-week low of $48.01. Based on the past 30-day period, the stock price is -0.07% below the high and +1.40% above the low.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
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The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, ACC’s SMA-200 is $57.65.
As an additional measure, we should look at the company’s price-to-sales ratio for the past year, which is 9.27 at the moment. Likewise, its price to free cash flow for the last twelve months stands at 112.53. ACC’s price to book ratio for the most recent quarter was 2.94, resulting in an 103.93 price to cash per share for the period.
How does American Campus Communities Inc. (ACC) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 6 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.00 in simple terms.
American Campus Communities Inc. (ACC): Earnings History
If we examine American Campus Communities Inc.’s recent earnings history, in the last quarter ended on 3/30/2022, it posted adjusted earnings per share of $0.27, slashing the consensus of $0.24. In other words, it topped the consensus by $0.03, resulting in a 12.50% surprise. In the 3 months period before the previous quarter which was closed on 3/30/2022, the stock recorded adjusted earnings per share of $0.27 in contrast with the Outlook of $0.24. That was a difference of $0.03 and a surprise of 12.50%.
American Campus Communities Inc. (ACC): Earnings History
Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 5 different analysts, who are expecting earnings to fall in between the range of 0.47 and 0.44 with an average Earnings Estimate of 0.46 which is in contrast with the last year earnings estimate of 0.39 and also replicates 17.95% growth rate year over year.
American Campus Communities Inc. (NYSE: ACC) Ownership Details
I will give a breakdown of the key shareholders in American Campus Communities Inc. (ACC). Recent figures show that the company’s insiders hold 0.88% of shares. A total of 511 institutional investors hold shares in the company, making 97.99% of its stock and 98.85% of its float.
Dec 30, 2021, it was reported that the Company’s largest institutional holder is Vanguard Group, Inc. (The) holding total of 20.09 million shares that make 14.41% of the company’s total number of shares and are currently priced at 1.15 billion.
The securities firm Blackrock Inc. holds 15.67 million shares of ACC, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 11.23%, and the holding percentage of shares is valued at 876.97 million.
An overview of American Campus Communities Inc.’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests American Campus Communities Inc. (ACC) traded 1,307,563 shares per day, with a moving average of $64.99 and price change of +0.62. With the moving average of $64.78 and a price change of +0.54, about 2,220,265 shares changed hands on average over the past 50 days. Finally, ACC’s 100-day average volume is 2,997,992 shares, alongside a moving average of $61.97 and a price change of +11.18. | https://www.uspostnews.com/2022/07/27/is-the-american-campus-communities-inc-nyseacc-stock-an-investment-opportunity/ | 2022-07-28T13:36:09Z | https://www.uspostnews.com/2022/07/27/is-the-american-campus-communities-inc-nyseacc-stock-an-investment-opportunity/ | false | 1733 |
ISELIN, N.J., July 28, 2022 /PRNewswire/ -- Hexaware Technologies, a next-generation digital services provider, is one of the partners in the UNFUR Project, a campaign that raises awareness around the atrocities of the fur trade and attempts to create a sustainable alternative for fur and faux fur. The significant collaborators of Hexaware for this project are the International Anti-Fur Coalition (IAFC) and the University of Westminster.
The project creates digital fur fashion as NFTs that can be collected/purchased and the earnings will be directed to combat the fur trade. The campaign was announced at MET AMS, Europe's leading Metaverse festival and features a digital fur fashion collection that includes five pieces digitized as NFTs by Hexaware. The students from the University of Westminster's Fashion Institute created the head-turning designs for the collection. Paul van Raak, Creative Director- Mobiquity, part of Hexaware said, "The UNFUR project intentionally brings tension between buying a digital fur fashion piece (because it is considered beautiful) while you are aware that this should not be bought in the physical world. We use this duality as a trigger to drive the audience to bid on one of the UNFUR NFTs and by doing so support the fight against the fur industry."
This project unveils the opportunities that Metaverse can present for the fashion industry while eliminating limitations of the physical world. Hexaware is delighted to be a part of this initiative that enables leveraging its Metaverse competencies, taking a solid step towards exploring endless possibilities for fashion as NFTs and embracing an ethical and responsible way of protecting animals slaughtered for their precious fur. The campaign also strengthens the position of digital platforms as viable and sustainable options to bring in the next big revolution in the fashion industry.
The project has been recognized through various awards that are a testament to the impact it has created in the NFT domain. Some of the prestigious accolades received are – The FWA: Site of the Day, CSS Design Awards: Site of the Day, UI Design Award, UX Design Award, Innovation Award, Awwwards: Site of the Day, Developer Award.
Immanuel Kingsley , Metaverse Technology Officer at Hexaware Technologies said, "We are fortunate to have the chance of capitalizing on our curiosity of Metaverse to unfold a new dimension for the fashion industry while contributing to a cause that saves millions of animals from atrocities. Like innovation, exploring new possibilities in the Metaverse drives our efforts and this campaign provides the right boost for our future endeavors."
About Hexaware
Hexaware is a global IT, BPS and consulting services company empowering businesses worldwide to realize digital transformation at scale and speed.
Learn more about Hexaware at http://www.hexaware.com. Take an immersive 360° virtual tour of our campuses worldwide at https://www.hexawareimmersive.com
Logo: https://mma.prnewswire.com/media/530945/Hexaware.jpg
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SOURCE Hexaware Technologies Ltd. | https://www.wtvm.com/prnewswire/2022/07/28/unfur-digital-fur-fashion-demonstrate-capabilities-metaverse-with-responsibility/ | 2022-07-28T13:36:37Z | https://www.wtvm.com/prnewswire/2022/07/28/unfur-digital-fur-fashion-demonstrate-capabilities-metaverse-with-responsibility/ | true | 11 |
Currently, Orange S.A.’s (ORAN) stock is trading at $10.24, marking a fall of -0.34% from last night’s close. At this price, the stock is -19.39% below its 52-week high of $12.71 and 4.01% above its 52-week low of $9.85. Based on the past 30-day period, the stock price is -14.20% below the high and +0.64% above the low.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free.
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The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, ORAN’s SMA-200 is $11.44.
It is also worth considering a company’s price to sales ratio for the last twelve months, which is 0.64. ORAN’s price to book ratio for the most recent quarter was 0.91, resulting in an 2.50 price to cash per share for the period.
How does Orange S.A. (ORAN) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 6 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.17 in simple terms.
Orange S.A. (NYSE: ORAN) Ownership Details
I will give a breakdown of the key shareholders in Orange S.A. (ORAN). Recent figures show that the company’s insiders hold 0.00% of shares. A total of 216 institutional investors hold shares in the company, making 0.91% of its stock and 0.91% of its float.
Dec 30, 2021, it was reported that the Company’s largest institutional holder is Bank of America Corporation holding total of 2.82 million shares that make 0.11% of the company’s total number of shares and are currently priced at 29.77 million.
The securities firm Managed Asset Portfolios, Llc holds 1.94 million shares of ORAN, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.07%, and the holding percentage of shares is valued at 22.99 million.
An overview of Orange S.A.’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Orange S.A. (ORAN) traded 718,913 shares per day, with a moving average of $10.82 and price change of -1.61. With the moving average of $11.49 and a price change of -1.86, about 691,415 shares changed hands on average over the past 50 days. Finally, ORAN’s 100-day average volume is 688,691 shares, alongside a moving average of $11.69 and a price change of -1.57. | https://www.uspostnews.com/2022/07/27/orange-s-a-nyseoran-stock-you-might-be-surprised/ | 2022-07-28T13:36:50Z | https://www.uspostnews.com/2022/07/27/orange-s-a-nyseoran-stock-you-might-be-surprised/ | true | 1733 |
You need to enable JavaScript to run this app. | https://sportspyder.com/cf/oklahoma-sooners-football/articles/40207127 | 2022-07-28T13:48:09Z | https://sportspyder.com/cf/oklahoma-sooners-football/articles/40207127 | false | null |
WASHINGTON – U.S. Senate Majority Whip Dick Durbin (D-IL) announced Thursday he has COVID-19.
Durbin says he is fully vaccinated and boosted and only has minor symptoms.
Durbin will continue working remotely while quarantining and following advice from his doctor. | https://www.tristatehomepage.com/news/illinois-news/illinois-senator-tests-positive-for-covid/ | 2022-07-28T13:48:41Z | https://www.tristatehomepage.com/news/illinois-news/illinois-senator-tests-positive-for-covid/ | false | null |
General News of Thursday, 28 July 2022
Source: www.ghanaweb.com
Inspector General of Police, George Akuffo Dampare, has questioned findings in a recent survey conducted by the Ghana Statistical Service (GSS) in partnership with United Nations Office on Drugs and Crimes (UNODC) and the Commission on Human Rights and Administrative Justice (CHRAJ).
In the said report, the Police service was ranked as the highest institution that takes bribes and engages in corruption in Ghana. Other institutions including the Ghana Immigration Service, GRA customs officers and Lands Commission were mentioned.
But in a 5-page statement released on Wednesday, July 27, 2022, the IGP raised concerns about how that a number of other institutions including parliament, Attorney General and Registrar General’s offices were not also investigated.
According to him, some other public institutions which were left out of the research deal regularly with the public and should have been included accordingly.
“It has been observed that the research did not cover some other public institutions such as the Ghana Ports and Harbours Authority, Ghana Civil Aviation Authority, Audit Service, Parliamentary Service, Ghana National Fire Service, Gaming Commission, Public Media houses, National Disaster Management Organisation (NADMO), Narcotic Control Commission (NACOC), the Attorney-General's (AG's) Department, the Registrar General's Department among others and these are all institutions, we believe, that the public deal with regularly,” he indicated.
Dampare, whilst further raising concerns about the methodology adopted for the research, quizzed why the institutions that undertook a corruption survey on other organizations in Ghana did not self-assess themselves.
“Scrutiny of the report shows that your two institutions (CHRAJ and Ghana Statistical Service) were also not part of the research and we are wondering why you do not think they are also candidates for corruption investigation, considering that they also provide critical services to the public,” the statement signed by the IGP asked.
Below is his full statement:
You can also watch the recent episode of People & Places here:
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WA | https://www.ghanaweb.com/GhanaHomePage/NewsArchive/Dampare-lists-11-public-institutions-that-should-be-investigated-for-corruption-1591934 | 2022-07-28T13:49:11Z | https://www.ghanaweb.com/GhanaHomePage/NewsArchive/Dampare-lists-11-public-institutions-that-should-be-investigated-for-corruption-1591934 | true | 1 |
Dinesh Shahra Foundation (DSF) has taken a major stride in its efforts to promote soulful Indian music among the masses.
Dinesh Shahra paying tribute to legends - Pandit Shivkumar Sharma and Smt. Lata Mangeshkar
The Foundation has instituted a first-of-its-kind ‘Dinesh Shahra Lifetime Award’ for Excellence in Music. The initiative is supported by the Indian Arts & Cultural Society.
The Announcement of this novel recognition was made by Mr. Dinesh Shahra, Trustee –DSF during a cultural event titled “Mausiqui’ in Mumbai recently. Several stalwarts from the field of music such as Padmashree Satish Vyas, Ustad Kamal Sabri, Shri Kuldeep Singh, Shri Jaswinder, Smt Anuradha Pal, Shahbaaz Khan, and other dignitaries were present on the occasion.
India's music production relies heavily on thousands of instruments players, technicians, performers, etc. who through their creativity produce some of the most popular tracks in the world. However, these professionals do not have a safety net to secure their old - age and health, once they are past their prime. DSF as a part of its mission to create a value-based social structure has taken up the cause of supporting senior artists in cooperation with the Indian Arts & Cultural Society. The recognition apart from a trophy or memento will also include a significant cash component.
Pledging his support to the Indian musical fraternity, Mr. Dinesh Shahra said “DSF is committed to promoting various aspects of Indian or Sanatan culture. Music is an integral part of our culture and is considered one of the ways to reach God. The Dinesh Shahra Lifetime Award which we have announced today will herald some unsung Indian musicians to the spotlight and acknowledge their contributions. It is our small way of encouraging more and more talented people to take up music as a career, thereby enriching Indian music.”
The event ‘Mausiqui’ was a tribute to deceased legends - Pandit Shivkumar Sharma and Smt. Lata Mangeshkar made invaluable contributions to Indian music.
Apart from the soulful musical performances, one of the highlights of the event was the launch of Mr. Dinesh Shahar’s book - Sanatan Leela, which is making waves across the country. Written in simple lucid language, the book elaborates on certain keys to manifesting our true potential using Sanatan wisdom.
The Dinesh Shahra Foundation (DSF) has been founded out of gratitude for all the knowledge capital Dinesh Shahra has gained over the last 50 years. It strives to create a value-based social structure based on the Indian or Sanatan ethos. The Foundation is built with an intention to ‘Give Back to the entities that are responsible for the material and spiritual development of the society. Spirituality, sustainability, and education, along with women and child health, are the core causes of DSF. | https://www.mid-day.com/brand-media/article/dsf-institutes-first-of-its-kind-dinesh-shahra-lifetime-award-for-excellence-in-music-23238227 | 2022-07-28T13:54:48Z | https://www.mid-day.com/brand-media/article/dsf-institutes-first-of-its-kind-dinesh-shahra-lifetime-award-for-excellence-in-music-23238227 | false | 4 |
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