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SYDNEY: A charred chunk of space junk found jutting from a paddock by an Australian sheep farmer was confirmed to be part of one of Elon Musk's SpaceX missions by authorities Thursday.
The ethereal-looking debris, believed to have plummeted to Earth on July 9, was found last week in Dalgety - a remote area near Australia's Snowy Mountains, about five hours' drive southwest of Sydney.
"It was kind of exciting and weird all in the same way," astrophysicist Brad Tucker, who visited the site after local farmers contacted him last month, told AFP.
He said that finding the large chunk embedded in an empty field reminded him of something out of the sci-fi film "2001: A Space Odyssey".
"It's astounding to see it."
Australia's space agency confirmed the debris had come from one of Musk's missions in a statement and told locals to report any further finds to SpaceX.
"The Agency has confirmed the debris is from a SpaceX mission and continues to engage with our counterparts in the US, as well as other parts of the Commonwealth and local authorities as appropriate," an Australian Space Agency spokesman said.
Tucker said the piece was part of a trunk jettisoned by the earlier Crew-1 capsule when it re-entered Earth's atmosphere in 2021.
He said the trunk had split up on re-entry, with reports of other space junk also found at nearby properties, making more discoveries linked to the SpaceX mission likely.
Most space debris splashes down at sea but with the increase in space industries worldwide, the amount crashing to earth would likely increase, he added.
"We do have to realise that there is a likely risk it may hit in a populated area once and what that means."
Australia's Space Agency said it was working to mitigate debris and had raised the issue internationally.
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Photo-sharing app restored functions after an almost two-hour outage | https://www.thenews.com.pk/latest/979569-spacex-debris-discovered-in-australian-sheep-paddock | 2022-08-04T11:35:15Z | https://www.thenews.com.pk/latest/979569-spacex-debris-discovered-in-australian-sheep-paddock | true | 1 |
Title: Fantastic Beasts: The Secrets of Dumbledore
Directed By: David Yates
Written By: J.K. Rowling, Steve Kloves
Release Date: April 15, 2022
Domestic Distributor: Warner Bros.
Cast: Eddie Redmayne, Jude Law, Ezra Miller
Rated: PG-13
Genre: Adventure, Fantasy
Box Office Information
- Budget: $200 Million
- Financed by: Heyday Films
- Domestic Box Office Gross: $95,850,844
- Overseas Box Office Gross: $302,997,852
Synopsis
We are once again thrust willy-nilly into the far-fetched world of Newt Scamander; he who nurtures the ningyo and coddles the callitrix. Not to mention heffalumps and cureloms.
This time around the film starts with a portentous (or is it pretentious?) meeting between the good gray Dumbledore as a young man and his former cohort, now turned all evil and nasty, Grindelwald. Over tea and crumpets, with an occasional oozlum bird fluttering by in the background, the plot of the movie is laid as bare as bones in the desert.
Grindelwald, it seems, bears a heavy grudge against all muggles, meaning all those who don’t possess magical powers or who have a bad case of dandruff. We never learn why old Grindle doesn’t care for muggles much. Was his mother scared by one before he was born? Did they snigger at his stamp collection as a boy? Or was he jilted at the alchemic altar by a mudblood woman? Whatever the case may be, he has decided that this planet ain’t big enough for him and the muggles together. So the muggles are to be exterminated like thrips on a rosebud.
Dumbledore naturally enough demurs. As a young hothead he, too, toyed with the idea of sending all muggles to Lower Slobovia, but now, as a seasoned and sane necromancer in the finest tradition of Gandalf, he has come to love the frail and contrary muggles, much like a man may come to love the runt of the litter just because it doesn’t have much of a chance.
The movie then whisks us off to China, where our pal Newt is trying to protect a magical creature about to give birth. Alas, Grindelwald and associates muck things up a bit by zapping the mother and carrying off its calf. This calf, it turns out, is to be sacrificed and then turned into a zombie yes-man to help get Grindelwald elected Supreme Mugwump. (Anyone with a Donald Trump reference feel free to jump in right about here.)
But despair not, viewer! The movie contrives to give us twins, wand jousts, dungeons full of dancing scorpions, and a plethora of other plot devices until the whole structure collapses happily ever after under the strain of too much coincidence and inexplicable segways.
Official Trailer
Where this movie went wrong: the franchise feebleness factor
Hollywood would rather reboot a cinematic Edsel than think up something new and original. That’s why story franchises like Harry Potter and the Marvel Multiverse continue to live on long past their usefulness, like Bela Lugosi reprising Dracula at the opening of a shopping mall.
Franchises exist solely for the purpose of perpetuating their homogenized products; no single individual franchise operator can deviate from the handbook, no matter their genius.
Once a movie franchise like Fantastic Beasts is created it becomes a juggernaut, crushing all creativity and initiative underneath its demanding and formulistic tread.
There’s nothing wrong with the actors in The Secrets of Dumbledore. The special effects are perfectly wonderful. Even the script, no doubt, in its pristine state, was a miracle of wit and conciseness. But at the very pinnacle of the creative cinematic process sits the Big Mac producers, who see to it that every word and deed conforms to the playbook. Even if there isn’t any playbook. In their manic attempts to ladle out enough secret sauce to insure successful conformity they drown the sense of wonder that an audience needs to feel while watching a fantasy movie.
Which gives some credence to the conspiracy theory that movie theaters now lace their popcorn with Vicodin butter in order to keep patrons coming back for movies as lackluster as Fantastic Beasts: The Secrets of Dumbledore. | https://bombreport.com/fantastic-beasts-the-secrets-of-dumbledore/?utm_source=rss&utm_medium=rss&utm_campaign=fantastic-beasts-the-secrets-of-dumbledore | 2022-08-04T11:35:53Z | https://bombreport.com/fantastic-beasts-the-secrets-of-dumbledore/?utm_source=rss&utm_medium=rss&utm_campaign=fantastic-beasts-the-secrets-of-dumbledore | false | 1 |
HENDERSON, Nev. — There’s no room for subtlety in Las Vegas.
And for an organization like the Raiders, who established prominence during Al Davis’ “Just win, baby” years, there’s no excuse for a lack of urgency within their drive to contend.
As such, general manager Dave Ziegler and head coach Josh McDaniels have quickly made their mark in their first year together in the desert. They inherited a team that reached the playoffs last season, they made a pair of high-profile additions to the roster and they declared their intentions to compete immediately.
“Let’s go try to be as good as we can right now, try to compete right now,” Ziegler told The Athletic from his office that overlooks a beautiful indoor practice facility at the Intermountain Healthcare Performance Center. “For me, it’s just like, why wait? Let’s try to be great now. Let’s try to be as good as we can now, build the best football team that we can now. And in doing so, you’re going to have to make some aggressive choices to do that.”
Ziegler and McDaniels played together at John Carroll University in the late 1990s and began working together in 2010 with the Broncos. They rejoined forces for nine seasons with the Patriots — McDaniels as offensive coordinator and Ziegler climbing his way to director of player personnel — and have long shared similar football philosophies.
So they were fully aligned when they signed edge rusher Chandler Jones to a three-year, $51 million contract a day before acquiring wide receiver Davante Adams from the Packers for a first- and second-round pick and giving him a historic five-year, $140 million deal. The Raiders also extended quarterback Derek Carr, receiver Hunter Renfrow and edge rusher Maxx Crosby to big-money deals despite each having term left on their contracts.
There’d be no rebuild in Vegas.
“I think you have to (take some swings), in my mind,” Ziegler said. “The reality in this league is you have to win games. Obviously, if you’re going to tear something completely down to the ground, there’s a level of patience and discipline that comes with that, from the top of your organization all the way down. And everybody has to be on the same page with that. Ultimately, we didn’t feel like that’s where this team was, so we were going to take some aggressive swings. Let’s build on what they had done last year and find some spots where we felt we could improve the team, and let’s go do it.”
Coming from the Patriots, who have a reputation for being financially conservative operators, Ziegler and McDaniels surely caused some heads to turn this offseason. But to understand how they got here, it’s important to know where they’ve come from and how those experiences shaped them for potential success in their new roles with the Raiders.
‘A person of conviction’
Ziegler has always acted with conviction. Because of that, his former colleagues in New England complimented his approach as aggressive by nature.
He was so diligent with his film study and preparation, so if Ziegler had to compile a scouting report or deliver a presentation in front of Bill Belichick, he was as thorough as possible. Ziegler wasn’t timid about challenging others’ ideas, whether it was Belichick or anyone else, so long as he felt his opinions were backed by substance, which was often the case.
Ziegler was comfortable taking chances long before his career in the NFL. After graduating from John Carroll in 2001, he taught history at Kenston (Ohio) High for a year while coaching wide receivers and defensive backs for the freshman team.
Ziegler later quit and moved to Arizona with enough money to get by until he found his next stop, a job at Arcadia High in Scottsdale.
He returned to John Carroll in 2004 as a graduate assistant before taking over as the receivers coach at Iona in 2006, when he also finished his master’s degree in school counseling.
When the college coaching route didn’t progress as quickly as Ziegler hoped — he also got rejected for a job on Dirk Koetter’s staff at Arizona State — he again went back to Arizona, this time to work for a prominent Chaparral High program in Scottsdale to coach running backs, tight ends and special teams while also serving as a guidance counselor.
“There was a long time there when I was just trying to find my way in football,” Ziegler said.
McDaniels eventually changed the scope of Ziegler’s trajectory. In 2010, McDaniels, who took over as the Broncos head coach in 2009, called up his college friend to see if he’d be interested in becoming a scouting assistant.
Ziegler didn’t know anything about scouting, but he did know the coaching avenue wasn’t going as planned. Ziegler established a new career goal shortly after taking the job in Denver — he wanted to become a general manager.
“Those experiences gave me the confidence — like, ‘Hey, you’re going to figure it out,’” Ziegler said. “‘You can take some risks. Ultimately, if you put in the work and treat people the right way, (if) you’re diligent and intentional about being really good, it’s going to work out.’ I keep that same mindset now. I’ve always been a person of conviction.
“I’ve never been worried about getting fired. I’m not scared of that. I’ll figure it out. Five years from now, whether I’m going to be a school counselor or a teacher and coaching high school football, then that’s what I’ll do, and I’ll do the best job at that. Because of my life experiences, I don’t operate with a lot of fear of failure. If I fail and that’s how it is, then I’m going to keep moving forward. That’s just how I am.”
Ziegler joined the Patriots in 2013 and climbed the ladder by quickly impressing many in the organization. He was promoted in 2020 to Nick Caserio’s assistant director of player personnel before taking over the top job a year later when Caserio left for the Texans.
Those last two years wound up being vital to Ziegler’s personal development. The 44-year-old has always been so task-driven that he would write a daily list of everything he needed to accomplish, and he became proficient at getting through it all in meticulous order.
But while overseeing the personnel department, Ziegler learned that no two days will ever be the same. He had to be flexible and learn to overcome certain levels of stress when a day went off the rails — maybe because of a contract situation, an injury, a trade negotiation or any number of things that could routinely pop up.
“At first, there was a lot of stress and strain and frustration that came along with not being able to execute my plan for that day,” Ziegler said. “It was a really great learning experience to challenge some areas where I was weak.”
Ziegler still keeps his lists. And he pointed to a sign behind his desk with the acronym “WIN,” or “what’s important now.”
“The last couple years — really last year — prepared me from a mental toughness standpoint,” Ziegler said. “I don’t think I was as mentally tough when I first started those jobs because I would get overwhelmed by some of those things. Those last couple years in New England really helped me sharpen some of the areas where I was weak. I’m now much more comfortable. I understand that I may not get all of those things done. I’m much more focused and intentional.”
Ziegler was grateful for those experiences in New England. Real-time opportunities for self-reflection and evaluation became critical to his growth.
The same was true for a somewhat unconventional career path as a 20-something. He bounced between stops to learn about himself and how to advance as a professional. The path might not have been linear, but he knew he’d get there by being true to his values, treating people the right way and working with purpose.
“How is a guy who was a guidance counselor so many years ago now a GM?” Ziegler rhetorically asked, smiling. “Looking back, the path that I took is odd, but I wouldn’t change it because I think it’s benefited me a lot in a lot of different ways. It just ended up being one of those things where I got this opportunity, and I wanted to be great at it.”
‘I’m at peace’
McDaniels knows the results in Denver were a failure. That’s why he spent a decade working to make sure the experience wasn’t.
“The best part about my career,” McDaniels told The Athletic, “was I was able to go through that and learn from it.”
Consider that sentiment. After a 6-0 start, the Broncos lost 17 of McDaniels’ final 22 games before he was fired. He traded quarterback Jay Cutler and wide receiver Brandon Marshall and drafted Tim Tebow in the first round.
And McDaniels, 46, has gained the perspective to refer to that learning experience as the best part of his career.
There’s been a perception that McDaniels tried to be too much like Belichick during his first coaching tour, and there’s a dose of truth to that. There’s also a logical explanation behind it.
McDaniels joined the Patriots as a 23-year-old in 2001 and took over the Broncos at 32. He grew up as a coach under Belichick and only saw one way to do it.
“I think you do what you know,” McDaniels said. “I wasn’t trying to do that when I was there (in Denver). I probably resorted to the answers that I was familiar with when things came up. Sometimes that fits me, and sometimes it doesn’t.
“For me, it was humbling to learn that you don’t go and do it that exact same way. Because you can’t. I’m not (Belichick). I haven’t won six Super Bowls. I’m just trying to figure out how to get our team to practice well, improve now, be myself, communicate and be honest with them. I think that’s the right way to do it. Whether we win or we lose at the end of the day, or how successful we are, we’ll find that out as we go. Doing it the way that fits me the best, I’m at peace.”
McDaniels’ points of emphasis are working.
One key, he has believed, is relaying the why behind every decision. Time to practice outside under the vicious desert sun? OK, here’s why. Or in the rain? Again, express why. Setting up a new focus in practice or meetings? Explain why.
“I don’t think I’ve earned the right to tell them to do it without that. It’s a really important piece of information that I’ve gathered for myself,” McDaniels said. “Once you explain why, everybody is on the same page and understands it. If you just say, ‘We’re going to do this; just shut up and do it,’ I don’t have that. I can’t do that.
“(The Patriots) didn’t do it either when they started. I was there in 2001. There was a lot of, ‘Here, we’re going to do this, and here’s why we’re going to do it.’ We’re not 20 years in. We’re 20 days in. I need to keep doing that. I need to continue to drip water on the rock, and at some point, something is going to sprout. It may take a little while, but that’s OK. That’s OK.”
McDaniels has also become a vastly improved delegator, and that’s partly because of his staff. The Broncos had a good coaching staff, but McDaniels didn’t have as much experience with each coach, so he tried to handle too much on his own, which led to issues.
McDaniels has a flurry of former Patriots assistants in Las Vegas, and he’s comfortable giving them more responsibilities. And by proxy, McDaniels has established good relationships with everyone in the building.
“When I was younger, I was so intent on trying to fix everything,” McDaniels said. “If I didn’t know the answer or it hadn’t been fixed quick enough, I just tried harder. In some cases, that’s not necessarily the right way to do it. Sometimes you’ve just got to pull back a little bit and maybe make a different decision or let other people work on it, and they’ll figure out how to solve it, too, because we’ve got a lot of people who are capable of doing it.
“I’ve learned a whole lot from that experience. And then going back and seeing Bill after I had the opportunity to do it myself and really being able to compare what I was learning on a day-to-day basis in New England and then what I would probably need to do different. No two of us are the same. Just be yourself. Be honest and true to yourself every day, and give that to the players, the coaches, the staff and you have a great peace about that, which is where I’m at.”
Ziegler has a unique perspective of McDaniels’ growth. They’ve known each other for a quarter century and worked together on each end of McDaniels’ coaching spectrum.
Ziegler was there for the final season in Denver, the years of reflection in New England and the opening months in Vegas.
“He’s been able to have people in a lot of different positions here who he has confidence in and feels good about, and he lets those people do their jobs,” Ziegler said. “By doing that, it’s allowed him to take a lot of weight off his shoulders and concentrate more on the things that he needs to concentrate on as a head coach. He doesn’t need to concentrate on running the special teams or the scouting department. When you have less pressure, you fall back to being more yourself.
“Josh has always been Josh. He’s always been a good person. He’s always been very smart. He’s always been a hard worker. Now I think he’s just more comfortable with the people around him, so he doesn’t feel that internal pressure. He’s realized over time that there’s more of a relationship component that is important to running an organization, that’s important for buy-in. When you’re investing in people’s growth and more focused on the personal element, there are some good residual effects of that. People feel valued. People feel invested in. That returns a good work product and an environment where people feel like they can be themselves and feel like they can challenge ideas and be creative.
“He did a lot of self-reflection after that job of different areas that he could have improved, and one was the personal side, the relationship side. From 32 to 46, we’re all a lot more comfortable in our skin, hopefully. He’s more comfortable in his coaching skin. He’s more comfortable in what works for him and what his style is. We’re seeing that here day to day, and he’s just been outstanding. He’s been outstanding in being a really good presence day to day here. If you talk to people, they talk about the positive vibe in the building. That’s because Josh has created that. His coaches have then carried that message and created that. That’s been a big difference from Denver to here.”
‘Just be ourselves’
This offseason felt different, and maybe it was.
So often when there’s a regime overhaul, a roster rebuild follows. It’s certainly the exception when a new GM-coach combo trades away its first two draft picks for a wide receiver — let alone one who has widely been viewed as the best in the league — and secures three franchise pillars to long-term extensions.
But by taking over a team that made the playoffs and had a healthy salary-cap situation, Ziegler said they were mostly taking advantage of the opportunity. Similarly, he noted, the Patriots were loaded with cap space during the 2021 offseason and spent historic amounts of money.
The parallel between the two wasn’t the money spent or the aggressive strategy — it was about seeing an opportunity and pouncing.
“That’s our approach for Josh and ourselves,” Ziegler said. “There’s going to be an aggressiveness to the way we do things when we feel like it’s the right opportunity to make a good football decision. I think that’s the key in being aggressive and making good football decisions.
“When there’s an opportunity to make a decision that we think was really good for the football team at key positions, why not? Let’s go do it. That was really the approach. The aggressiveness was built off what was here and what we felt we could do with the team.”
Ziegler and McDaniels are now unabashedly themselves. In many ways, that’s always been the case, but those characteristics — and their personal growth — led them to this moment together with the Raiders.
They learned a lot about football in New England, but they’re also their own men.
So far, they’ve been operating like it.
“We’ve tried really hard to just be ourselves,” McDaniels said. “I don’t know that anybody knows that any decision is right or wrong right away. You make the best decision you can with the information you have and then try to work like hell to make it right. That’s what we’re going to try to do.”
(Top photo of Josh McDaniels: Ethan Miller / Getty Images) | https://theathletic.com/3474614/2022/08/04/josh-mcdaniels-dave-ziegler-raiders/ | 2022-08-04T11:38:38Z | https://theathletic.com/3474614/2022/08/04/josh-mcdaniels-dave-ziegler-raiders/ | true | 1 |
Wisconsin basketball has a history of helping players take big steps, but the Badgers benefited from a particularly prodigious leap last season. Johnny Davis, a 6-foot-5 sophomore guard from La Crosse, Wis., was not among the 11 players named All-Big Ten in the preseason, and for good reason. He was not ranked in the top 100 of the Recruiting Services Consensus Index coming out of high school, and he scored just seven points per game in 24.3 minutes off the bench as a freshman. Yet, it only took a couple of weeks for Davis to establish himself as a national player of the year candidate. After averaging 19.7 points, 8.2 rebounds and 2.1 assists per game and leading the Badgers to a share of the Big Ten’s regular-season title, Davis was named the league’s player of the year and a consensus first team All-American, and the Washington Wizards selected him with the 10th pick in the NBA Draft.
Wisconsin has had several underclassmen leave for the NBA over the years, but it has never had a one-and-done player. Davis was just the second sophomore to make the move since Rashard Griffith in 1995. Great for Davis, but not so great for Wisconsin, which now must replace not only him but also a five-year starter at guard in Brad Davison (yes, he really left) and reserve center Chris Vogt. Two reserves and a redshirt freshman also transferred. The Badgers might be a little smaller and more guard-oriented next season, but the roster looks a lot like it normally does this time of year: a few proven veterans, a batch of inexperienced returnees with potential, and a few unheralded newcomers who will probably turn out to be better than everyone thought.
None of the players on this year’s roster were ranked in the top 100 of the RSCI. That means in order to contend for a Big Ten title the Badgers will have to maximize smarts, toughness and cohesion — traits that are often in ample supply in this program. The group will get a head start on developing those things when it embarks Sunday on a 10-day, four-game exhibition tour to France. The Badgers are wrapping up the 10 practices they are allowed to have before departing, and so far coach Greg Gard likes what he sees. “You don’t replace Johnny Davis, but one of the pillars of our program for two-plus decades has been player development,” he says. “Guys take jumps in their game physically, jumps in their game mentally. So this group is in the process of doing that now.”
The Badgers will almost certainly enter the 2022-23 season unranked, but Gard is quick to point out that that was the case last season as well. (The Big Ten media picked them to finish 10th in the preseason poll.) Will the Badgers surpass expectations again? The answer will come from the newfangled roster, which can be neatly divided into three groups.
The nucleus
Wisconsin’s offensive orchestra will be conducted by 6-2 sophomore point guard Chucky Hepburn, who very quietly was one of the top freshmen in the country last season. Hepburn was the first true freshman to start a season opener at Wisconsin since Devin Harris in 2001. He averaged 7.9 points (on 34.8 percent 3-point shooting), 2.1 rebounds and 2.3 assists while sporting a highly impressive 1.97 assist-to-turnover ratio. Hepburn was not known for his scoring, but he broke through in a big way late in the season when he poured in a career-high 17 points, including a banked-in go-ahead 3-pointer with 1.7 seconds to play, to give the Badgers a win over Purdue and a share of the Big Ten regular season championship.
Hepburn’s value was revealed — and not in a good way — in the NCAA Tournament, when he rolled his ankle late in the first half of Wisconsin’s second-round game against Iowa State. The Badgers went on to lose, 54-49. With Davis and Davison gone, Hepburn will need to take on more responsibilities as a sophomore. If past is prologue, he is more than ready for his close-up. “He had a calmness and poise to him that not many freshmen have, specifically at point guard,” Gard says. “He had a lot of support around him, so he could manage the game and score when he needed to. Now he gets to take a bigger piece of ownership.”
The same can be said for Tyler Wahl, a 6-9 senior forward from Minnesota. Wahl averaged 3.9 points in 20 minutes during his first two seasons in Madison, but he broke out as a junior and earned a spot on The Athletic’s All-Glue team. Wahl put up 11.4 points on 51.6 percent shooting, led the team in steals (37), and he was second in blocks (0.7) and rebounding (5.9). This season we should see a stronger, louder and more confident version of the player who emerged last season. “The big transition has been in his leadership,” Gard says. “You hear his voice a lot, whether it’s motivating or consoling or whatever he needs to be. He’s pretty locked into that and has a very good feel for his teammates.”
Next to Davis, the player who made the biggest jump last season was Steven Crowl, a 7-foot center from Minnesota. After playing a grand total of 39 minutes as a freshman, Crowl started all 33 games last season and was the team’s third-leading rebounder (4.4) and fourth-leading scorer (8.8). Whereas last season Crowl could count on Vogt to provide relief off the bench, the Badgers will be thin at the five spot, which means he will have to carry a heavier load. He has spent a lot of the time in the weight room this offseason preparing to do just that, and it is already paying off in the pre-exhibition tour practices. “He made a move the other day where he lowered his shoulder and went to a jump hook. A year ago, two years ago, he’d have been flopping away,” Gard says. “He’s a lot more confident with his body now. He was the nail a lot last year. This year he’s becoming more of the hammer.”
Next men up
If the Big Ten were a three-on-three league, the Badgers would be set. Unfortunately, that’s not the case, so they’re going to need several of last year’s reserves to make significant contributions.
That starts with Davis’ twin brother, Jordan, a 6-4 junior guard who played just 6.5 minutes per game last season. Jordan does not have nearly his brother’s scoring pop — nobody does — so he’ll have to earn his minutes by defending, rebounding, making the extra pass and providing timely buckets. “The biggest thing for Jordan is he can now be Jordan Davis and not Johnny Davis’ brother,” Gard says. “He plays with physicality, but he needs to play confidently and produce when the lights go on.”
Senior guard Jahcobi Neath should benefit from having a full season and offseason in Madison after transferring from Wake Forest following his sophomore year. He played in only 23 games and averaged 9.7 minutes as a junior, largely because he struggled with a partially torn patella tendon that required surgery in April. Neath has yet to be cleared to practice with full contact and might not be able to play in France, but Gard believes he can be a valuable asset. “When he was healthy, he was doing some good things,” Gard says. “He’s physical and athletic, so he can help us defensively against perimeter guys.
Beyond those two, a quartet of benchwarmers will have ample opportunities to make their mark. Markus Ilver, a 6-8 sophomore forward, played in just eight games last season and spent his late spring and early summer helping his native Estonia to a third-place finish at the FIBA U20 European Championship in Tbilisi. Chris Hodges, a 6-9 sophomore from Illinois, missed most of his last two years in high school for COVID-19-related reasons and sat out last season as a redshirt. He’s a little undersized for a center, but because the team has a need for a backup to Crowl, Gard says this season “will maybe be a little baptism by fire” for him. Gard calls 6-7 junior forward Carter Gilmore, a former walk-on, “maybe the most improved” player on the roster. And though Isaac Lindsey, a 6-4 junior guard, played in just six games after transferring from UNLV, he is a gifted 3-point shooter. “In today’s game, if you can make shots, it’ll give you a chance to get on the floor,” Gard says. That’s especially true considering the Badgers made just 30.6 percent from behind the arc last season, which ranked 310th in the nation.
The newcomers
Like so many college basketball coaches these days, Gard and his assistants find themselves at a loss sometimes when dealing with personnel chaos each spring. “Our running joke is, ‘Write the roster in pencil,’” Gard says. The coaches never imagined Johnny Davis would be a lottery pick as a sophomore, so when it became apparent early in the season that was likely to happen, they were forced to play catch-up. Hence, there will be only one freshman on the roster this season.
Gard did, however, score a couple of quality additions in the transfer portal, both of whom are Wisconsin natives. Kamari McGee, a 6-foot sophomore guard, was named to the Horizon League’s all-freshman team after averaging 11.6 points for Green Bay. He scored 17.6 points per game (on 50.7 percent shooting) over his final five games. “I think he’ll be a good complement to Chucky,” Gard says. “He’s smaller, but he knows how to play.”
Max Klesmit, a 6-3 junior guard, hails from Racine, Wis., and played the last two years at Wofford. He made 68 3-pointers last season, but Gard sees him more in the traditional glue-guy mold of former Badgers like Davison, Josh Gasser and Zak Showalter. “Seeing him now every day, I’m very happy with him,” Gard says. “He’s better than I thought he was.”
As for the team’s lone freshman, Connor Essegian, a 6-4 guard from Indiana, may have been ranked only No. 225 nationally in the 247Sports Composite, but he’s a gifted scorer who broke Central Noble High School’s 44-year-old career record before the start of his senior year. At Wisconsin, being considered an under-the-radar recruit is more norm than exception. “We’ve always wanted guys that are hungry, that haven’t been handed a lot and want to prove something,” Gard says. “We tend to get three-star guys who work real hard to play like five-star guys.”
The outlook
Wisconsin’s roster may have a new look, but the style will be familiar. We can expect the Badgers to play at a deliberate pace (they were 215th in the country last season in tempo, according to KenPom), take care of the ball (No. 2 in turnover percentage), and play physical defense that is efficient (34th in adjusted defensive efficiency) but not disruptive (285th in steals percentage). “All the things that have made us good in the past have to be there again,” Gard says.
As for the modest expectations, it’s worth nothing that two years ago the Badgers entered the season ranked No. 7 in the AP Top 25 and were tapped by many as the favorite to win the Big Ten. They fell apart down the stretch, finished sixth in the league, and after the season an embarrassing secret recording was leaked to the media revealing a team meeting during which the seniors were highly critical of Gard. That episode seems like a long time ago, and for all the roster turnover, Gard is hoping that the good vibrations from last season will continue. If it’s one thing we’ve learned about Wisconsin over the years, it’s that the Badgers are much better off hunting than being hunted.
“I’ll take that underdog role to heart,” Gard says. “Our better teams have always been when that’s been the case. Our guys take that personally, like, hey, nobody thinks we’re going to be very good. Let’s go prove them wrong.”
(Top photo of Chucky Hepburn: Jeff Hanisch / USA Today) | https://theathletic.com/3474668/2022/08/04/wisconsin-basketball-hepburn-wahl-gard/ | 2022-08-04T11:38:48Z | https://theathletic.com/3474668/2022/08/04/wisconsin-basketball-hepburn-wahl-gard/ | true | 1 |
New car registrations fell for a fifth consecutive month in July as ongoing production challenges continued to hit manufacturers.
Figures out today from automotive industry body the Society of Motor Manufacturers and Traders (SMMT) show that 112,162 new cars were registered in July – a decline of nine per cent on the same month in 2021.
It was the fifth month in a row of decline, although the SMMT points out that the ‘fall is the smallest recorded this year’.
The only two fuel types to increase in popularity were mild-hybrid diesels, which were up 4.3 per cent to 7,104 registrations and electric cars, which saw sales increase by 9.9 per cent in July to 12,243.
However, the pace of growth slowed for electric cars, with this being the weakest monthly uplift recorded for EVs since the pandemic.
The overall drop in registrations is being put down to ‘ongoing supply chain issues’, particularly a lack of semiconductors that are used throughout a car. The SMMT says the issue has been ‘exacerbated’ by recent Covid lockdowns in China, as well as disruption from the Ukraine conflict.
Because of the ongoing disruption, the SMMT has downgraded its registration forecast for the year, with 1.6 million new cars now predicted for all of 2022 – a fall of 2.8 per cent on 2021.
Mike Hawes, SMMT chief executive, said: “The automotive sector has had another tough month and is drawing on its fundamental resilience during a third consecutive challenging year as the squeeze on supply bedevils deliveries.
“While order books are strong, we need a healthy market to ensure the sector delivers the carbon savings government ambitions demand. The next prime minister must create the conditions for economic growth, restore consumer confidence and support the transition to zero emission mobility.”
On a brighter note, July’s two best-selling cars were both produced in the UK, with the Nissan Qashqai in pole position and the Mini taking second place, at 2,514 and 2,410 registrations respectively. The Hyundai Tucson was the third most popular new car with 2,267 registrations. | https://www.shropshirestar.com/news/motors/2022/08/04/new-car-registrations-fall-by-nine-per-cent-amid-ongoing-production-challenges/ | 2022-08-04T11:39:52Z | https://www.shropshirestar.com/news/motors/2022/08/04/new-car-registrations-fall-by-nine-per-cent-amid-ongoing-production-challenges/ | true | 4 |
High Performance Pigments Market – Global Outlook and Forecast 2021-2027
This report contains market size and forecasts of High Performance Pigments in global, including the following market information:
Global High Performance Pigments Market Revenue, 2016-2021, 2022-2027, ($ millions)
Global High Performance Pigments Market Sales, 2016-2021, 2022-2027, (K MT)
Global top five High Performance Pigments companies in 2020 (%)
The global High Performance Pigments market was valued at 4306.3 million in 2020 and is projected to reach US$ 4894.8 million by 2027, at a CAGR of 3.3% during the forecast period.
We surveyed the High Performance Pigments 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 High Performance Pigments Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (K MT)
Global High Performance Pigments Market Segment Percentages, By Type, 2020 (%)
Department Of Organic HPP
Department Of Inorganic HPP
Global High Performance Pigments Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (K MT)
Global High Performance Pigments Market Segment Percentages, By Application, 2020 (%)
Coatings
Plastics
Inks
Cosmetic Products
Other
Global High Performance Pigments Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (K MT)
Global High Performance Pigments Market Segment Percentages, By Region and Country, 2020 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies High Performance Pigments revenues in global market, 2016-2021 (Estimated), ($ millions)
Key companies High Performance Pigments revenues share in global market, 2020 (%)
Key companies High Performance Pigments sales in global market, 2016-2021 (Estimated), (K MT)
Key companies High Performance Pigments sales share in global market, 2020 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF
Lanxess
Clariant
Sun Chemical
Solvay
Heubach
Synthesia
Huntsman International
Ferro
Sudarshan Chemical Industries
Gharda Chemicals
Table of content
1 Introduction to Research & Analysis Reports
1.1 High Performance Pigments Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global High Performance Pigments 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 High Performance Pigments Overall Market Size
2.1 Global High Performance Pigments Market Size: 2021 VS 2027
2.2 Global High Performance Pigments Revenue, Prospects & Forecasts: 2016-2027
2.3 Global High Performance Pigments Sales (Consumption): 2016-2027
3 Company Landscape
3.1 Top High Performance Pigments Players in Global Market
3.2 Top Global High Performance Pigments Companies Ranked by Revenue
3.3 Global High Performance Pigments Revenue by Companies
3.4 Global High Performance Pigments Sales by Companies
3.5 Global High Performance Pigments Price by Manufacturer (2016-2021)
3.6 Top 3 and Top 5 High Performance Pigments Companies in Global Market, by Revenue in 2020
3.7 Global Manufacturers High Performance Pigments Product Type
3.8 Tier 1, Tier 2 and Tier 3 High Performance Pigments Players in Global Market
3.8.1 List of Global Tier 1 High Performance Pigments Companies
3.8.2 List of Global Tier 2 and Tier 3 High Perfo
CONTACT US:
North Main Road Koregaon Park, Pune, India – 411001.
International: +1(646)-781-7170
Asia: +91 9169162030
Visit: https://www.24chemicalresearch.com/ | https://galleonnews.com/uncategorized/426422/high-performance-pigments-market-global-outlook-and-forecast-2021-2027/ | 2022-08-04T11:40:34Z | https://galleonnews.com/uncategorized/426422/high-performance-pigments-market-global-outlook-and-forecast-2021-2027/ | true | 9543 |
17 incidents of thieves targeting commercial vans in west Suffolk
- Credit: Archant
There have been 17 incidents of thieves targeting commercial vans in the West Suffolk area in the past weeks.
From Monday, July 25 to Wednesday, August 3, the incidents were reported in Stowmarket, Bury St Edmunds, Sudbury, Haverhill and Cavendish.
According to Suffolk police, 15 of the incidents saw actual thefts from vehicles and in all cases a variety of power tools and DIY equipment were taken, while the other two incidents saw interference with the vehicles.
All of the crimes took place overnight and in five of the incidents the lock of the vehicle had been drilled before the items were taken.
Police said enquiries into the crimes are ongoing and the incidents are being linked.
Sgt Luke Allard, of Stowmarket police, said: "The effects of these crimes are significant and have huge impacts on victims, businesses and their families.
"We would like to encourage people to report suspicious activity, remain vigilant and revisit the security in place around their vans and tools.
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"If possible, work equipment, expensive tools and any other valuables should also be removed and left in a secure location elsewhere. Keep note of the serial numbers of your tools, or engrave them to ensure they are identifiable as yours."
Police are advising anyone who is offered tools in suspicious or sees suspicious activity to contact the force via 101. | https://www.eadt.co.uk/news/crime/thefts-from-commercial-vans-in-west-suffolk-9190212 | 2022-08-04T11:42:53Z | https://www.eadt.co.uk/news/crime/thefts-from-commercial-vans-in-west-suffolk-9190212 | false | 1 |
PHOTO
Egypt - Nokia has announced that Orange Egypt has opted to modernise its existing Nokia SDM (subscriber data management) solution to support the operator’s subscriber growth over the next five years.
The enhancements to the SDM network include a total modernisation of the solution with upgraded hardware and ongoing software releases. The new system will allow Orange Egypt’s users to benefit from improved reliability and security, as well as enable Orange Egypt to enhance operational efficiency and meet the evolving capacity and service needs of its subscribers.
Nokia’s 3GPP-compliant SDM solution includes Nokia Registers – Home Subscriber Server, Home Location Register and One-NDS (Network Directory Server), plus 5G’s Unified Data Management and Authorisation Server Function. Together the components will allow Orange Egypt to better manage subscriber data across different technology networks.
Serving 33 million subscribers
Nokia’s SDM solution is deployed over three geographical sites and serves around 33 million mobile and fixed Orange Egypt subscribers. This includes subscribers of 2G, 3G, 4G, fixed services, data and voice, IP Multimedia Subsystem (IMS) with Voice over LTE (VoLTE) and Voice over WiFi (VoWiFi) services. The new upgraded system supports the upcoming launch of 5G services.
Ayman Amiri, Chief Technology Officer at Orange Egypt, said: "The modernised, industry-leading Nokia SDM solution will help us better address the evolving needs of our customers. Building on our existing experience leveraging Nokia’s SDM solution, we are looking forward to leveraging these upgrades as we consolidate our customer base across different technologies and move towards 5G.”
Adel Hani, Head of Orange Mena Customer Business Team at Nokia, said: “Our SDM solution is helping service providers across the world to cost-effectively manage data across several applications. We are thrilled that Orange Egypt will modernise Nokia’s already-deployed SDM to gain newer efficiencies and capabilities. The extension of this deal is a reflection of our strong and enduring relationship with Orange Egypt.”
Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info). | https://www.zawya.com/en/business/technology-and-telecom/nokia-selected-by-orange-egypt-to-modernise-network-igufp91i | 2022-08-04T11:43:34Z | https://www.zawya.com/en/business/technology-and-telecom/nokia-selected-by-orange-egypt-to-modernise-network-igufp91i | false | 2 |
PHOTO
Nigeria - Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh (right) and Director-General, National Institute of Transport Technology (NITT), Dr Bayero Salih Farah, recently signing a Memorandum of Understanding (MoU) hinged on research and training with a view to enhance local content and boost the quality assurance of the NITT in Zaria, Kaduna State.
The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a Memorandum of Understanding (MoU) with the National Institute of Transport Technology (NITT), Zaria, on research and training towards enhancing maritime safety and security in Nigeria.
The Director-General NIMASA, Dr Bashir Jamoh and his counterpart at the NITT, Dr Bayero Salih Farah, signed the MoU recently in Zaria which is hinged on research and training, with a view to enhancing local content and boosting the quality assurance of the institute.
This is a follow up on earlier agreements reached between both agencies of government in their quest to further domesticate specialised training programmes at management cadre in the maritime sector.
Dr Jamoh described the MoU between both parties as a mutually beneficial partnership, aimed at supporting the core mandate of the NITT, while also in line with his administration’s commitment to capacity building for NIMASA staff.
According to him, “The MoU is to formalise and strengthen the existing relationship between NIMASA and the NITT in terms of research, training and capacity development in general. We appreciate your visit to NIMASA some time ago and we are glad that much progress is being made in terms of our collaboration. We hope that your institute will conduct detailed research to determine gaps in the implementation of our core mandate and develop training programmes to close such identified gaps.”
On his part, the NITT Director-General, Dr Bayero Salih Farah, thanked NIMASA for its longstanding support to the institute through direct financial assistance and by utilising the training services provided for the agency’s staff over the years.
He added that the NITT would work closely with NIMASA to ensure that the Institute provides training and research services that are of globally acceptable standard.
NITT provides training to personnel employed in all modes of transport, leading to the award of various certificates – Diploma, Advanced Diploma, Postgraduate Diploma and Masters in Transport and Logistics.
NIMASA has continued to embrace capacity building as a tool to enhance maritime development in Nigeria, while also engaging in all forms of viable collaborations towards achieving its mandate, which cuts across shipping development, maritime safety and maritime security.
Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (Syndigate.info). | https://www.zawya.com/en/economy/africa/nigerias-nimasa-nitt-sign-mou-on-research-training-wop3guqj | 2022-08-04T11:43:47Z | https://www.zawya.com/en/economy/africa/nigerias-nimasa-nitt-sign-mou-on-research-training-wop3guqj | false | 1 |
Commercial initiatives drive stronger sequential performance
KINGSEY FALLS, QC , Aug. 4, 2022 /PRNewswire/ - Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period ended June 30, 2022.
- Sales of $1,119 million (compared with $1,038 million in Q1 2022 and $956 million in Q2 2021)
- As reported (including specific items)
- Adjusted (excluding specific items1)
- Net debt1 of $1,712 million as of June 30, 2022 (compared with $1,549 million as of March 31, 2022). Net debt to adjusted OIBD ratio1 of 5.4x, up from 4.8x as of March 31, 2022.
- Total capital expenditures, net of disposals, of $116 million in Q2 2022, and $212 million in the first half of 2022. Forecasted 2022 net capital expenditures of $450 - $470 million, including $310 - $330 million for the Bear Island containerboard conversion project in Virginia, USA.
Mario Plourde, President and CEO, commented: "Our packaging businesses delivered good sequential performances in the second quarter, with improved pricing and sales mix, higher volumes, and lower raw material costs in the case of Containerboard outweighing the impact of continued cost inflation. Sequentially, results in our Tissue Papers business highlight the momentum being generated by the profitability initiatives underway. While pricing and mix improvements realized to date helped to mitigate the unprecedented headwinds on the cost side, these initiatives are trailing the pace of the current high inflation environment. These initiatives remain on track to generate important contributions in the back half of 2022, and are being closely monitored and regularly adapted to address the changing cost environment.
We continued to advance the Bear Island project in the quarter. The capital investments for this project, which totaled $81 million in the second quarter and $145 million year-to-date, combined with lower consolidated financial results, has resulted in an increase in our leverage in the second quarter. As we have previously stated, this trend is expected to reverse with improved business performance through the remainder of 2022 and throughout 2023 as well as the positive contribution from this facility following its start-up."
Discussing near-term outlook, Mr. Plourde commented, "We are focused on driving benefits from profitability initiatives underway in our Tissue Papers segment. While the level of expected long-term financial contributions remains intact, persistent cost headwinds and adjustments to the implementation timing of announced industry price increases have reduced our forecasted OIBD range for this segment to $25 - $40 million for 2022, from the previously stated $60 - $80 million2. This revision does not change the 2024 OIBD targets provided in our strategic plan in February. The current inflationary environment has also had implications for our Bear Island project in 2022. Higher cost levels combined with labour and material availability constraints, which have led to temporary delays in certain construction milestones, increased the total projected cost for this project to a range of $595 - $615 million (US$470 - US$485 million). Our team is working closely with contractors to mitigate any potential delay caused by these elements in order to meet the targeted mid-December 2022 start date. However, it is important to note that the timing of some critical construction milestones may be at risk due to these issues and, as a result the start-up of paper production may be delayed to the first quarter of 2023.
At the operations level, we are forecasting sequentially stable results in our packaging businesses in the third quarter, during which favourable pricing momentum is expected to mitigate continued cost inflation. As we have previously stated, the Tissue Papers business is expected to return to a trajectory of positive contribution in the upcoming quarters as meaningful benefits from implementation of the profitability initiatives begin to be realized."
Selected consolidated information
Segmented OIBD as reported
Segmented adjusted OIBD1
Analysis of results for the three-month period ended June 30, 2022 (compared to the same period last year)
Sales of $1,119 million increased by $163 million compared with the same period last year. This reflects $146 million of combined benefits from improvements in selling prices and sales mix in all business segments. The Canadian dollar - US dollar exchange rate was also favourable for all businesses, contributing $24 million to sales levels on a consolidated basis. These were partially offset by a $16 million impact related to lower volumes in the Containerboard and Tissue Papers business segments.
The Corporation generated an operating income before depreciation and amortization (OIBD) of $95 million in the second quarter of 2022, up from $87 million in the second quarter of 2021. On an adjusted basis1, second quarter OIBD totaled $91 million, a decrease of $7 million, or 7% from the $98 million generated in the same period last year. This decrease is attributable to higher raw material, production, energy and logistics costs in all segments, the effects of which were not fully mitigated by improvements in selling prices and mix in all businesses and a beneficial FX impact for the packaging segments.
The main specific items, before income taxes, that impacted our second quarter 2022 OIBD and/or net earnings were:
- $4 million gain from the settlement of a supply agreement in Tissue Papers segment (OIBD and net earnings);
- $3 million foreign exchange loss on long-term debt and financial instruments (net earnings).
For the 3-month period ended June 30, 2022, the Corporation posted net earnings of $10 million, or $0.10 per common share, compared to net earnings of $3 million, or $0.02 per common share, in the same period of 2021. On an adjusted basis1, the Corporation generated net earnings of $10 million in the second quarter of 2022, or $0.10 per common share, compared to net earnings of $8 million, or $0.07 per common share, in the same period of 2021.
Dividend on common shares and normal course issuer bid
The Board of Directors of Cascades declared a quarterly dividend of $0.12 per common share to be paid on September 1, 2022 to shareholders of record at the close of business on August 17, 2022. This dividend is an "eligible dividend" as per the Income Tax Act (R.C.S. (1985), Canada). During the second quarter of 2022, Cascades purchased no common shares for cancellation.
2022 Second Quarter Results Conference Call Details
Management will discuss the 2022 second quarter financial results during a conference call today at 12:00 p.m. EDT. The call can be accessed by dialing 1-888-390-0620 (international 1-416-764-8651). The conference call, including the investor presentation, will be broadcast live on the Cascades website (www.cascades.com) under the "Investors" section. A replay of the call will be available on the Cascades website and may also be accessed by phone until September 4, 2022 by dialing 1-888-390-0541 (international 1-416-764-8677), access code 567197.
Founded in 1964, Cascades offers sustainable, innovative and value-added packaging, hygiene and recovery solutions. The company employs approximately 10,000 women and men across a network of close to 80 facilities in North America. Driven by its participative management, half a century of experience in recycling, and continuous research and development efforts, Cascades continues to provide innovative products that customers have come to rely on, while contributing to the well-being of people, communities and the entire planet. Cascades' shares trade on the Toronto Stock Exchange under the ticker symbol CAS. Certain statements in this release, including statements regarding future results and performance, are forward-looking statements based on current expectations. The accuracy of such statements is subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially from those projected, including, but not limited to, the effect of general economic conditions, decreases in demand for the Corporation's products, increases in raw material costs, fluctuations in selling prices and adverse changes in general market and industry conditions and other factors.
CONSOLIDATED BALANCE SHEETS
CONSOLIDATED STATEMENTS OF EARNINGS
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
CONSOLIDATED STATEMENTS OF EQUITY
CONSOLIDATED STATEMENTS OF CASH FLOWS
The Corporation analyzes the performance of its operating segments based on their operating income before depreciation and amortization, which is not a measure of performance under International Financial Reporting Standards (IFRS). However, the chief operating decision-maker (CODM) uses this performance measure to assess the operating performance of each reportable segment. Earnings for each segment are prepared on the same basis as those of the Corporation. Intersegment operations are recorded on the same basis as sales to third parties, which are at fair market value. The accounting policies of the reportable segments are the same as the Corporation's accounting policies described in its most recent audited consolidated financial statements for the year ended December 31, 2021.
The Corporation's operating segments are reported in a manner consistent with the internal reporting provided to the CODM. The Chief Executive Officer has authority for resource allocation and management of the Corporation's performance and is therefore the CODM.
The Corporation's operations are managed in three segments: Containerboard and Specialty Products (which constitutes the Corporation's Packaging Products) and Tissue Papers.
SUPPLEMENTAL INFORMATION ON NON-IFRS MEASURES AND OTHER FINANCIAL MEASURES
SPECIFIC ITEMS
The Corporation incurs some specific items that adversely or positively affect its operating results. We believe it is useful for readers to be aware of these items as they provide additional information to measure performance, compare the Corporation's results between periods, and assess operating results and liquidity, notwithstanding these specific items. Management believes these specific items are not necessarily reflective of the Corporation's underlying business operations in measuring and comparing its performance and analyzing future trends. Our definition of specific items may differ from that of other corporations and some of these items may arise in the future and may reduce the Corporation's available cash.
They include, but are not limited to, charges for (reversals of) impairment of assets, restructuring gains or costs, loss on refinancing and repurchase of long-term debt, some deferred tax asset provisions or reversals, premiums paid on repurchase of long-term debt, gains or losses on the acquisition or sale of a business unit, gains or losses on the share of results of associates and joint ventures, unrealized gains or losses on derivative financial instruments that do not qualify for hedge accounting, unrealized gains or losses on interest rate swaps and option fair value revaluation, foreign exchange gains or losses on long-term debt and financial instruments, fair value revaluation gains or losses on investments, specific items of discontinued operations and other significant items of an unusual, non-cash or non-recurring nature.
RECONCILIATION AND USES OF NON-IFRS AND OTHER FINANCIAL MEASURES
To provide more information for evaluating the Corporation's performance, the financial information included in this analysis contains certain data that are not performance measures under IFRS ("non-IFRS measures"), which are also calculated on an adjusted basis to exclude specific items. We believe that providing certain key performance and capital measures, as well as non-IFRS measures, is useful to both Management and investors, as they provide additional information to measure the performance and financial position of the Corporation. This also increases the transparency and clarity of the financial information. The following non-IFRS measures and other financial measures are used in our financial disclosures:
Non-IFRS measures
- Adjusted OIBD: Used to assess operating performance and the contribution of each segment on a comparable basis.
- Adjusted operating income: Used to assess operating performance of each segment on a comparable basis.
- Adjusted net earnings: Used to assess the Corporation's consolidated financial performance on a comparable basis.
- Adjusted free cash flow: Used to assess the Corporation's capacity to generate cash flows to meet financial obligations and/or discretionary items such as share repurchase, dividend increase and strategic investments.
- Working capital: Used to assess the short-term liquidity of the Corporation.
Other financial measures
- Total debt: Used to calculate all the Corporation's debt, including long-term debt and bank loans. Often put in relation to equity to calculate the debt-to-equity ratio.
- Net debt: Used to calculate the Corporation's total debt less cash and cash equivalents. Often put in relation to adjusted OIBD to calculate net debt to adjusted OIBD ratio.
Non-IFRS ratios
- Net debt to adjusted OIBD ratio: Used to assess the Corporation's ability to pay its debt and evaluate financial leverage.
- Net debt to adjusted OIBD ratio on a pro-forma basis: Used to measure the Corporation's credit performance and evaluate the financial leverage on a comparable basis, including significant business acquisitions and excluding significant business disposals, if any.
- Adjusted OIBD margin : Used to assess operating performance and the contribution of each segment on a comparable basis.
- Adjusted net earnings per common share: Used to assess the Corporation's consolidated financial performance on a comparable basis.
- Net debt / Net debt + Shareholders' equity: Used to evaluate the Corporation's financial leverage and thus the risk to Shareholders.
- Working capital as a percentage of sales: Used to assess the Corporation's operating liquidity performance.
- Adjusted free cash flow per common share: Used to assess the Corporation's financial flexibility.
Non-IFRS and other financial measures are mainly derived from the consolidated financial statements, but do not have meanings prescribed by IFRS. These measures have limitations as an analytical tool and should not be considered on their own or as a substitute for an analysis of our results as reported under IFRS. In addition, our definitions of non-IFRS and other financial measures may differ from those of other corporations. Any such modification or reformulation may be significant.
The reconciliation of operating income (loss) to OIBD, to adjusted operating income (loss)1 and to adjusted OIBD1 by business segment is as follows:
Net earnings (loss), as per IFRS, are reconciled below with operating income (loss), adjusted operating income (loss)1 and adjusted operating income before depreciation and amortization1:
The following table reconciles net earnings (loss) and net earnings (loss) per common share, as per IFRS, with adjusted net earnings (loss)1 and adjusted net earnings (loss)1 per common share:
The following table reconciles cash flow from (used by) operating activities from continuing operations with operating income (loss) and operating income (loss) before depreciation and amortization:
The following table reconciles cash flow from (used by) operating activities from continuing operations with cash flow from operating activities from continuing operations (excluding changes in non-cash working capital components) and adjusted cash flow from operating activities from continuing operations1. It also reconciles adjusted cash flow from operating activities from continuing operations2 to adjusted free cash flow used2, which is also calculated on a per common share basis:
The following table reconciles total debt1 and net debt1 with the ratio of net debt1 to adjusted operating income before depreciation and amortization (adjusted OIBD1):
View original content:
SOURCE Cascades Inc. | https://www.kcrg.com/prnewswire/2022/08/04/cascades-reports-results-second-quarter-2022/ | 2022-08-04T11:46:36Z | https://www.kcrg.com/prnewswire/2022/08/04/cascades-reports-results-second-quarter-2022/ | true | 11 |
- Prioritized two indications, MSS-CRC and NSCLC, utilizing fully owned assets, COM701 and COM902
- Focus on MSS-CRC and NSCLC expected to provide highest probability of success and support future path to registration
- Focused development plan results in strategic decision to wind down Phase 1 cohort expansion studies resulting in the conclusion of collaboration with Bristol Myers Squibb
- Most advanced preclinical program with first-in-class potential entering pre-IND enabling studies
- Extended cash runway expected to last through the end of 2024
HOLON, Israel, Aug. 4, 2022 /PRNewswire/ -- Compugen Ltd. (Nasdaq: CGEN), a clinical-stage cancer immunotherapy company and a pioneer in computational target discovery, provided a corporate update and announced financial results for the second quarter ended June 30, 2022.
Corporate Update
"Adapting to challenging market conditions, we have taken a strategic decision to focus on two prioritized indications, microsatellite stable-colorectal cancer (MSS-CRC) and non-small cell lung cancer (NSCLC), and wind down our broad Phase 1 cohort expansion program resulting in the conclusion of our collaboration with Bristol Myers Squibb," said Anat Cohen-Dayag, Ph.D., President, and Chief Executive Officer of Compugen. "I would like to thank Bristol Myers Squibb for our productive interactions and for their support in providing nivolumab and their anti-TIGIT, BMS-986207, enabling us to initiate the triple and dual combination studies to evaluate our DNAM-1 axis hypothesis at a time when our own differentiated anti-TIGIT, COM902 had not yet reached the clinic. Additionally, my sincere thanks to the investigators, their staff, and the patients for participating in these studies. This strategic decision allows us to extend our cash runway into the end of 2024, execute on our strong belief in COM701 and gives us the freedom to switch to and develop our own differentiated anti-TIGIT antibody, COM902. Concluding the collaboration with Bristol Myers Squibb provides us with what is expected to be the greatest opportunity to advance and partner our clinical assets and support a future path to registration."
Dr. Cohen-Dayag continued, "Our clinical data from the COM701/nivolumab dose escalation and cohort expansion study in a small number of MSS-CRC patients, show a modestly higher response rate compared to what has been reported for standard of care. We believe that this initial data, along with the translational package showing a COM701 driven mechanism, supports the evaluation of COM701 triple combination in a single arm study. The full data from the COM701/nivolumab cohort expansion study in MSS-CRC and details of the new study design along with timelines is expected to be presented once finalized in the fourth quarter of this year. The second indication we have prioritized is NSCLC in anti-PD-(L)1 treated patients. As an inflamed tumor type sensitive to PD-1 and possibly TIGIT checkpoints, NSCLC was selected as a tumor type with increased probability of responding to our triplet combination. We also plan to evaluate the blockade of PVRIG and TIGIT in combination with standard of care in this indication, to build an additional path to randomized studies. The design and timelines of the NSCLC program will be presented once finalized in the fourth quarter of this year. We believe focusing on these indications provides us with the highest probability of success, and we plan to share the progress and initial findings from these studies during 2023."
Dr. Cohen-Dayag added, "I am also extremely proud of the progress we have made in our preclinical portfolio. Several early-stage programs from our computational discovery platform are advancing in our pipeline with the most advanced program about to enter pre-IND enabling studies with first-in-class potential. We are very excited about this program, which is targeting a soluble immune checkpoint upregulated in the tumor microenvironment in response to IFN-γ. We developed a very high affinity antibody, COM503, to block this soluble immune checkpoint pathway and we believe we are the first to do so. The antibody has demonstrated preclinical in-vitro and in-vivo activity as monotherapy and in combination with other checkpoint inhibitors across various models and systems. We intend to share details on this program in the fourth quarter of this year."
Dr. Cohen-Dayag concluded, "With the decisive actions we have taken, we are being cash efficient and may be better positioned to bring value to our stakeholders. I am excited with what we have achieved and look forward to continuing to focus on execution and delivering value to our shareholders and patients."
Financial Results
As of June 30, 2022, cash, cash equivalents, short-term bank deposits and restricted cash totaled approximately $97 million, compared with approximately $118 million as of December 31, 2021. As a result of the Company's strategic decision to end its Phase 1 program early and focus on two prioritized indications, the Company expects its existing cash and cash related balances to be sufficient to fund its operating plan into the end of 2024, without taking into consideration any cash inflows. Compugen does not have any debt.
R&D expenses for the second quarter ended June 30, 2022, were approximately $6.8 million, no change from the comparable period in 2021. Going into the second half of 2022, the reduction in R&D expenses is expected to be limited and will reflect winding down expenses of the current ongoing studies as well as preparation for the planned prioritized clinical studies. We expect that the full effect of the reduction in expenses will be reflected in 2023.
General and administrative expenses for the second quarter ended June 30, 2022, were approximately $2.6 million compared with approximately $2.7 million for the comparable period in 2021.
Cash balance at the end of 2022 is expected to be approximately $72-$74 million.
Net loss for the second quarter ended June 30, 2022, was approximately $9.1 million, or $0.11 per basic and diluted share, compared with a net loss of approximately $9.5 million, or $0.11 per basic and diluted share, in the comparable period of 2021.
Full financial tables are included below
Conference call and webcast information
The Company will hold a conference call today, August 4, 2022, at 8:30 AM ET to review its second quarter 2022 results. To access the live conference call by telephone, please dial 1-866-744-5399 from the U.S., or +972-3-918-0644 internationally. The call will be available via live webcast through Compugen's website, located at the following link. Following the live audio webcast, a replay will be available on the Company's website.
About Compugen
Compugen is a clinical-stage therapeutic discovery and development company utilizing its broadly applicable predictive computational discovery capabilities to identify new drug targets and biological pathways for developing cancer immunotherapies. Compugen has developed two proprietary product candidates: COM701, a potential first-in-class anti-PVRIG antibody and COM902, a potential best-in-class monoclonal antibody targeting TIGIT for the treatment of solid tumors. Partnered programs include bapotulimab, an antibody targeting ILDR2, in Phase 1 development, licensed to Bayer under a research and discovery collaboration and license agreement, and a TIGIT/PD-1 bispecific derived from COM902 (AZD2936) in Phase 1/2 development by AstraZeneca through a license agreement for the development of bispecific and multi-specific antibodies. In addition, the Company's therapeutic pipeline of early-stage immuno-oncology programs consists of programs aiming to address various mechanisms of immune resistance, including myeloid targets. Compugen is headquartered in Israel, with offices in South San Francisco, CA. Compugen's shares are listed on Nasdaq and the Tel Aviv Stock Exchange under the ticker symbol CGEN.
Forward-Looking Statement
This press release contains "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of Compugen. Forward-looking statements can be identified using terminology such as "will," "may," "expects," "anticipates," "believes," "potential," "plan," "goal," "estimate," "likely," "should," "confident," and "intends," and similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements regarding our expectations that the conclusion of the collaboration with Bristol Myers Squibb provides Compugen with the greatest opportunity to advance and partner its clinical assets and support a future path to registration; our belief that the initial clinical data from the COM701/nivolumab cohort expansion study in a small number of MSS-CRC patients, along with the translational package showing a COM701 driven mechanism, supports further evaluation of COM701 triple combination in a single arm study; statements regarding the increased probability of NSCLC to respond to our triplet combination; statements regarding our expectations that our focus on MSS-CRC and NSCLC indications is expected to provide highest probability of success to support a future path to registration; statements regarding the potential of our most advanced preclinical program to be first-in-class; our expectation that existing cash and cash related balances will be sufficient to fund our operating plan through the end of 2024; and our expectations regarding the timing for disclosure of the new studies design and data. These forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance, or achievements of Compugen to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Among these risks: In the near term, Compugen is highly dependent on the success of COM701 and of COM902; Compugen may not be able to advance its internal clinical stage programs through clinical development or manufacturing or successfully partner or commercialize them, or obtain marketing approval, either alone or with a collaborator, or may experience significant delays in doing so; Clinical development involves a lengthy and expensive process, with an uncertain outcome and Compugen may encounter substantial delays or even an inability to begin clinical trials for any specific product or may not be able to conduct or complete its trials on the timelines it expects; Compugen has limited experience in the development of therapeutic product candidates, and it may be unable to implement its business strategy. These risks and other risks are more fully discussed in the "Risk Factors" section of Compugen's most recent Annual Report on Form 20-F as filed with the Securities and Exchange Commission (SEC) as well as other documents that may be subsequently filed by Compugen from time to time with the SEC. In addition, any forward-looking statements represent Compugen's views only as of the date of this release and should not be relied upon as representing its views as of any subsequent date. Compugen does not assume any obligation to update any forward-looking statements unless required by law.
Company contact:
Yvonne Naughton, Ph.D.
Head of Investor Relations and Corporate Communications Compugen Ltd.
Email: ir@cgen.com
Tel: +1 (628) 241-0071
SOURCE Compugen Ltd. | https://www.waff.com/prnewswire/2022/08/04/compugen-reports-second-quarter-2022-results/ | 2022-08-04T11:49:41Z | https://www.waff.com/prnewswire/2022/08/04/compugen-reports-second-quarter-2022-results/ | true | 12 |
CHICAGO, Aug. 4, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it plans to further expand its cryptocurrency derivatives offering with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.
Designed to match their U.S. dollar-denominated counterparts, Bitcoin Euro and Ether Euro futures contracts will be sized at five bitcoin and 50 ether per contract. These new contracts will be cash-settled, based on the CME CF Bitcoin-Euro Reference Rate and CME CF Ether-Euro Reference Rate, which serve as once-a-day reference rates of the euro-denominated price of bitcoin and ether. These new futures contracts will be listed on and subject to the rules of CME.
"Ongoing uncertainty in cryptocurrency markets, along with the robust growth and deep liquidity of our existing Bitcoin and Ether futures, is creating increased demand for risk management solutions by institutional investors outside the U.S. Our Bitcoin Euro and Ether Euro futures contracts will provide clients with more precise tools to trade and hedge exposure to the two largest cryptocurrencies by market cap," said Tim McCourt, Global Head of Equity and FX Products, CME Group. "Euro-denominated cryptocurrencies are the second highest traded fiat behind the U.S. dollar. Year-to-date, the EMEA region represents 28% of total Bitcoin and Ether futures contracts traded, up more than 5% versus 2021."
"The launch of euro-denominated Bitcoin and Ether futures from CME Group will help meet the growing demand for regulated and robust, non-USD crypto derivatives," said Edmond Goh, Head of Trading at B2C2. "As the premier OTC counterparty, we look forward to continuing to provide liquid markets in this important asset class."
"TP ICAP is excited to support another market-defining cryptoasset product from CME Group. Our Digital Assets business has been operational and brokering CME Group cryptoassets since the start of 2020, originally in London, followed by expansion to the U.S. in 2021 and, most recently, in APAC via Hong Kong and Singapore," said Sam Newman, Digital Assets Head of Brokering at TP ICAP. "Interest in cryptoassets has seen huge growth, and these new euro-denominated futures contracts will help further expand the accessibility and utility of cryptoasset derivatives, particularly within Europe."
CME Group's Cryptocurrency product suite continues to provide consistent liquidity, volume, and open interest for clients seeking to hedge their risk or gain exposure to the asset class. Q2 was a record quarter in terms of average daily open interest (106.2K contracts) and was the second highest quarter ever in terms of average daily volume (57.4K contracts) across all Cryptocurrency products. In addition, Ether futures achieved a record average daily volume of 6.6K contracts in Q2, up more than 27% versus Q1.
For more information on this product, please visit https://www.cmegroup.com/cryptocurrencies#explore-our-cryptocurrency-products.
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
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SOURCE CME Group | https://www.wndu.com/prnewswire/2022/08/04/cme-group-launch-euro-denominated-bitcoin-ether-futures-august-29/ | 2022-08-04T11:51:40Z | https://www.wndu.com/prnewswire/2022/08/04/cme-group-launch-euro-denominated-bitcoin-ether-futures-august-29/ | true | 12 |
My friend gave her baby a common name but spelt it so weirdly that it looked like she’s named them after a vegetable
SOME parents know exactly what they want to call their baby before they're even born and others spend months agonising of the decison.
It's an important decision, after all.
One common baby name trend didn't work out very well for one new mum when her friend pointed out what it actually sounded like.
Samantha Kannan wrote on Quora: "A girl who was in the class under me had a baby a couple of years ago.
"She had decided to name the child Brooklyn."
Of course, Brooklyn isn't an uncommon name and loads of parents name their kids after locations, like Florence, Paris and Austin.
Samantha continued: "But it’s also a trend to spell names uniquely such as Brittany/Britni, Ashley/Ashleigh, Jackson/Jaxyn.
"So Brooklyn was going to be Brocclin.
"But that looks suspiciously like broccoli.
Samantha confessed that she let the mum know that the weird spelling made the name look like something else entirely, but it didn't go to plant.
Most read in Fabulous
She said: "I gently mentioned it to her, because kids can be really cruel and I didn’t want anyone to tease her child.
"But she got super mad and blocked me. We haven’t spoken since. I hope she and Brocclin are doing well."
Other users agreed that the spelling of the name was an interesting choice, one said: "Have mercy. Poor child. Phonetically it doesn’t even say Brooklyn."
A second quipped: "You can lead a horse to water, but you can't make it drink."
And another agreed: "I hate the special spellings which aren’t even phonetically correct.
" Sometimes I’ll see a name written and then hear a parent pronounce it and think, there is no way she is getting that out of what I see written here." | https://www.thescottishsun.co.uk/fabulous/9257479/common-baby-name-spelling-weird-vegetable/ | 2022-08-04T11:53:46Z | https://www.thescottishsun.co.uk/fabulous/9257479/common-baby-name-spelling-weird-vegetable/ | false | 4 |
Royce & Associates LP raised its stake in Ranger Energy Services, Inc. (NYSE:RNGR – Get Rating) by 1.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 416,490 shares of the company’s stock after acquiring an additional 5,600 shares during the period. Royce & Associates LP owned 2.23% of Ranger Energy Services worth $4,269,000 as of its most recent SEC filing.
Separately, Raymond James & Associates acquired a new position in Ranger Energy Services in the fourth quarter valued at approximately $139,000. 92.40% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the company. Barclays lifted their target price on Ranger Energy Services from $12.00 to $14.00 in a research note on Monday, May 2nd. Piper Sandler boosted their price objective on Ranger Energy Services from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Thursday, May 19th.
Ranger Energy Services Stock Performance
Ranger Energy Services (NYSE:RNGR – Get Rating) last released its earnings results on Monday, August 1st. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.08). Ranger Energy Services had a negative return on equity of 7.96% and a net margin of 2.63%. During the same period last year, the company earned ($0.59) earnings per share.
Ranger Energy Services Profile
Ranger Energy Services, Inc provides onshore high specification well service rigs, wireline completion services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services.
See Also
- Get a free copy of the StockNews.com research report on Ranger Energy Services (RNGR)
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Receive News & Ratings for Ranger Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ranger Energy Services and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.tickerreport.com/banking-finance/9222089/ranger-energy-services-inc-nyserngr-shares-bought-by-royce-associates-lp.html | 2022-08-04T11:54:36Z | https://www.tickerreport.com/banking-finance/9222089/ranger-energy-services-inc-nyserngr-shares-bought-by-royce-associates-lp.html | true | 1 |
Arsenal report: Gunners urged to sign 'ideal' midfielder before window closes
By Greg Lea published
Arsenal could bolster their squad further prior to the September 1 deadline
Arsenal have been urged to sign Your Tielemans by their former left-back Nigel Winterburn.
The Gunners have had a busy summer, bringing in Gabriel Jesus, Oleksandr Zinchenko, Fabio Vieira, Marquinhos and Matt Turner.
Their business might not be done yet, though, with Mikel Arteta keen to strengthen his squad further.
The Arsenal (opens in new tab) boss is said to be on the lookout for another central midfielder, and Tielemans has been linked with the club for several months.
Winterburn believes the Leicester (opens in new tab) man's knowledge of English football would make him a good fit at the Emirates Stadium.
"It's a tough one, but I do think we still need a midfield player so somebody like a Tielemans would be ideal," the ex-England international told The Sun (opens in new tab) when asked who his next signing would be if he was in charge.
"He's had Premier League experience so he would fit into the sort of players Arsenal are looking at.
"I just think with that transfer that it's been mentioned for so long now that I'm not sure that it's going to happen.
"But they need that sort of player in the midfield, you look at Arsenal's activity over the past two seasons, there's a lot of young talent coming in.
"There are also players coming in with Premier League experience as well, so I would think that's the strategy Arsenal are going with.
"You're never quite sure what's fully going on at your club as a fan, but you'd think somebody along those lines would come in with Premier League experience.
"They'll need to have the energy to play in this Arsenal side because I think Arsenal will look to play a pressing game this season, particularly at the start of games.
"Somebody like Tielemans will be good but trying to predict what Arteta and Edu are going to do can be difficult.
"It could be someone younger who we've not heard about and developing for the future which is what did last season and this season.
"But if they make another signing, I'm hoping it's the right one and that they can come straight into this team."
Arsenal will begin the Premier League season with a game against Crystal Palace (opens in new tab) on Friday.
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Try first month for just £1 / $1 / €1 | https://www.fourfourtwo.com/news/arsenal-report-gunners-urged-to-sign-ideal-midfielder-before-window-closes | 2022-08-04T11:54:45Z | https://www.fourfourtwo.com/news/arsenal-report-gunners-urged-to-sign-ideal-midfielder-before-window-closes | true | 2 |
Agreement to Provide AI-powered Solutions, Saving Businesses Up To 40%
CEDAR RAPIDS, Iowa, Aug. 4, 2022 /PRNewswire/ -- Involta, an award-winning data center, hybrid IT, and cloud-forward consulting firm, announces today a partnership with HacWare, an AI-driven cybersecurity awareness and training SaaS (Software-as-a-Service) product that combines threat intelligence with user behavior to help lean IT teams combat today's most advanced phishing attacks.
"Today, email phishing attacks remain the number one source of security breaches, causing over 90% of data breaches," states Tiffany Ricks, Founder and CEO of HacWare, Inc. "The average employee is vulnerable because they spend 1,500 hours a year using email, and many are unaware of email security best practices. Partnering with Involta gives us the opportunity to help businesses improve their email security awareness and build up their first line of defense against cyberattacks."
HacWare's internal risk assessment provides real-time threat intelligence to show internal vulnerabilities. HacWare learns from the intelligence to provide personalized phishing simulations and training. The phishing technology leverages behavioral psychology best practices to improve cyber posture, saving businesses up to 40% in labor costs.
"At Involta, we know the two most important things our customers can do to protect themselves from a phishing attack is awareness and education," comments Mark Cooley, Involta VP of Security and Compliance. "Making sure that your company's employees understand the prevalence and sophistication of these attacks is crucial. HacWare's security awareness technology combines open-source data and data science to show employees how to avoid scams while significantly saving on traditional security training and awareness labor costs. The automated, easy-to-use platform is the perfect addition to our robust security solution suite."
Ricks' motivation comes from an entrepreneurial spirit and the desire to help people. She has led HacWare, Inc. to be widely recognized by leading publications such as The Wall Street Journal, Dark Reading, TechCrunch, Forbes and Women's Business Council.
"We are thrilled to partner with Tiffany and her team at HacWare to bring her expertise and innovative solutions to our customers and prospects," adds Jim Buie, Involta President and CEO. "Not only is her product both superior and necessary in today's security landscape, but she is also a true role model for our industry's next generation of female leaders. As more women continue to enter into the world of security and digital infrastructure, it's critical to align with them and help bolster their positions while working alongside them to close the gender gap."
Involta's commitment to supporting women in tech and empowering girls to explore STEM fields includes a partnership with Girls, Inc. of Pinellas County, Florida, where they recently introduced digital infrastructure as a potential career path.
To learn more about how Involta can improve a company's security posture with strategic consulting, exceptional products and best-in-class managed services, visit www. involta.com.
Involta is an award-winning hybrid IT and cloud-forward consulting firm orchestrating digital transformation for the nation's leading enterprises. Involta's ongoing mission is rooted in partnership. Its personalized approach identifies customers' requirements while earning their trust to ultimately deliver Superior Infrastructure and Services, Operational Excellence and People Who Deliver, keeping with the Involta brand promise.
Involta pairs strategic consulting with the unique ability to leverage owned data centers and infrastructure assets, empowering businesses with necessary security and reliability requirements. Its well-defined, rigorous process to deliver hybrid cloud, edge, consulting, and data center services have earned the company several designations, including a KLAS rating and review for partial healthcare IT outsourcing excellence. The company has also been recognized on several CRN lists and has been named one of the fastest-growing companies in America by Inc.5000 for nine consecutive years.
Involta enables customers with the power to transform their technology and the freedom to focus on their core business. To learn more about Involta, visit involta.com or follow them on LinkedIn, Twitter or Facebook.
Media Contact:
JSA for Involta
1.866.695.3629
jsa_involta@jsa.net
HacWare is the future of cybersecurity training because we are solving the root cause of data breaches ... Human error! HacWare makes it easy for lean security teams and security developers to provide AI-powered cybersecurity user training solutions. This automated technology helps busy workforces learn about cyber threats and how to protect themselves from spear-phishing attacks and Business Email Compromised (BEC) scams. HacWare uses cloud technology, A.I. supervised learning, Natural Language Processing (NLP), and Optical Character Recognition (OCR) to identify internal risks to email hacks. Then auto-generates personalized phishing campaigns to keep employees alert and educated. HacWare's products have helped companies around the world combat advanced phishing attacks to reduce malware outbreaks by 60%. For more information about HacWare, visit www.hacware.com.
Media Contact:
Brita Nelson for HacWare
media@hacware.com
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SOURCE INVOLTA, LLC | https://www.wdbj7.com/prnewswire/2022/08/04/involta-partners-with-tech-startup-hacware-expand-enterprise-cybersecurity-awareness-services/ | 2022-08-04T11:55:36Z | https://www.wdbj7.com/prnewswire/2022/08/04/involta-partners-with-tech-startup-hacware-expand-enterprise-cybersecurity-awareness-services/ | true | 12 |
The Bank of England has raised interest rates to 1.75% from 1.25% – the highest level since January 2009. The UK will enter five consecutive quarters of recession with gross domestic product falling as much as 2.1%, the Bank said.
Consumer Prices Index inflation is expected to peak at 13.3% in October, the highest level since September 1980, the Bank said.
The Bank of England’s monetary policy committee (MPC) of nine members voted eight to one in favour of a rise to 1.75%.
But one member of the MPC – Silvana Tenreyro – was out-voted in calling for a quarter point rise to 1.5%. In minutes from the rates decision meeting, the Bank said the majority of the MPC felt a “more forceful policy action was justified”.
It said: “Against the backdrop of another jump in energy prices, there had been indications that inflationary pressures were becoming more persistent and broadening to more domestically driven sectors.”
“Overall, a faster pace of policy tightening at this meeting would help to bring inflation back to the 2% target sustainably in the medium term, and to reduce the risks of a more extended and costly tightening cycle later,” the Bank added.
Tim Bannister, Rightmove’s Housing Expert, said: “Today's 0.5% increase in the base rate takes average monthly mortgage payments for new first time-buyers to over £1000 if lenders pass on the rate rise to new applicants. This is approximately 40% of the average first-time buyer salary, a level not seen since 2012.
"First-time buyers trying to get onto the ladder are currently facing average monthly mortgage payments that are 20% higher than the start of the year due to rising interest rates and asking prices, and that’s assuming they’ve been able to raise a large enough deposit. A new record first-time buyer asking price of £224,943 means that a 10% deposit for a first-time buyer type home is now 57% higher than it was ten years ago, while average salaries have only increased by 31%.
"For all home-owners, average mortgage rates for a two-year fix are just over 3% compared to nearly 6% ten years ago, so they are still historically low, and those currently on a fixed-rate will not be impacted yet. However, as rates creep upwards and with the wider economy uncertain, people may look for some financial certainty by locking in longer mortgage terms before they rise again."
Richard Lane, StepChange debt charity's Director of External Affairs, said:“While higher interest rates may be needed to dampen down inflation, right now struggling households are having to cope with both. For many people, the overall cost burden simply isn’t sustainable, and with energy bills set to rise even further than previously expected, the pressure won’t be easing off any time soon.
“Affordability and debt are going to need to be top of the list for the next Prime Minister. In the meantime, anyone struggling should visit StepChange’s dedicated cost of living hub, which is full of useful pointers on how to start dealing with current financial pressures. Home-owners worried about mortgage arrears can talk to our in-house mortgage arrears advice team, and we also have a dedicated mortgage advice service which is free to access for anyone, whether or not they are experiencing debt problems.”
Richard Ollive, Specialist Financial Adviser at Wesleyan, said: “Today’s decision by the Bank of England to hike interest rates by 50 basis points to 1.75% is its largest since 1995 and will have a profound impact, particularly on homeowners.
“Figures show that just over a fifth of all mortgage holders in the UK are on variable rate deals, meaning around 1.9 million homeowners will be hit with a rate rise, and potentially end up paying hundreds of pounds more in annual repayments.
“As a result, many of those will now be looking at their deals – possibly for the first time in a long time – and considering whether they would be better off remortgaging for a fixed deal instead. While nobody can predict what will happen next with any certainty, speaking to a professional adviser is always good advice before making any long-term financial decisions.”
The Bank said: “Inflationary pressures in the United Kingdom and the rest of Europe have intensified significantly since the May Monetary Policy Report and the MPC’s previous meeting.
“That largely reflects a near-doubling in wholesale gas prices since May, owing to Russia’s restriction of gas supplies to Europe and the risk of further curbs.
“As this feeds through to retail energy prices, it will exacerbate the fall in real incomes for UK households and further increase UK CPI inflation in the near term.
“CPI inflation is expected to rise more than forecast in the May Report, from 9.4% in June to just over 13% in 2022 Q4, and to remain at very elevated levels throughout much of 2023, before falling to the 2% target two years ahead.”
It added: “The United Kingdom is now projected to enter recession from the fourth quarter of this year.
“Real household post-tax income is projected to fall sharply in 2022 and 2023, while consumption growth turns negative.” | https://www.walesonline.co.uk/news/uk-news/interest-rates-up-175-inflation-24669322 | 2022-08-04T11:55:46Z | https://www.walesonline.co.uk/news/uk-news/interest-rates-up-175-inflation-24669322 | true | 2 |
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Severe Thunderstorm Watch issued for Daviess, Henderson, Hopkins, McLean, Muhlenberg, Union by NWS
Effective: 2022-08-01 22:52:00 EDT Expires: 2022-08-02 01:00:00 EDT Urgency: Expected Severity: Severe Certainty: Likely Target Area: Daviess; Henderson; Hopkins; McLean; Muhlenberg; Union; Webster SEVERE THUNDERSTORM WATCH 508, PREVIOUSLY IN EFFECT UNTIL 10 PM CDT THIS EVENING, IS NOW IN EFFECT UNTIL MIDNIGHT CDT TONIGHT FOR THE FOLLOWING AREAS IN ILLINOIS THIS WATCH INCLUDES 6 COUNTIES IN SOUTHEAST ILLINOIS EDWARDS IN SOUTHERN ILLINOIS GALLATIN HAMILTON WABASH WAYNE WHITE IN INDIANA THIS WATCH INCLUDES 6 COUNTIES IN SOUTHWEST INDIANA POSEY IN SOUTHWEST INDIANA GIBSON PIKE SPENCER VANDERBURGH WARRICK IN KENTUCKY THIS WATCH INCLUDES 7 COUNTIES IN WESTERN KENTUCKY DAVIESS HENDERSON HOPKINS MCLEAN MUHLENBERG UNION WEBSTER THIS INCLUDES THE CITIES OF ALBION, BOONVILLE, CALHOUN, CARMI, DIXON, EVANSVILLE, FAIRFIELD, FORT BRANCH, GRAYVILLE, GREENVILLE, HENDERSON, MADISONVILLE, MCLEANSBORO, MORGANFIELD, MOUNT CARMEL, OWENSBORO, PETERSBURG, POSEYVILLE, ROCKPORT, SHAWNEETOWN, AND WEST SALEM. | https://www.newsbreak.com/news/2689647613766/severe-weather-statement-issued-for-wabash-by-nws | 2022-08-04T11:58:13Z | https://www.newsbreak.com/news/2689647613766/severe-weather-statement-issued-for-wabash-by-nws | true | 13 |
Smoke trails from projectiles launched by the Chinese military are seen in the sky as tourists look on from Pingtan Island, one of mainland China's closest point from Taiwan, in Fujian province on August 4, 2022. Photograph:( AFP )
The entire exercise was sparked by US House Speaker Nancy Pelosi's visit to Taiwan, a trip that angered Beijing.
In a major show of force, China held its largest-ever military exercises around Taiwan on Thursday. Taiwan's defence ministry has confirmed that the Chinese military launched missiles from near Taiwan's Matsu islands as part of these exercises. It has also deployed fighter jets and warships.
Talking about the type of missiles that were fired, Taiwan said that a total of 11 Dongfeng ballistic missiles were launched into waters near Taiwan's northern, southern and eastern coasts "in several batches". The last time China shot missiles into waters surrounding Taiwan was in 1996.
Also Read | Taiwan's defence ministry says 27 Chinese warplanes enter air defence zone
Taiwan has slammed the military exercises as "irrational actions that undermine regional peace".
Experts say that the exercises are aimed at testing a blockade of the island.
"The aim was to test the precision of the missiles and their ability to deny an enemy access to or control of an area," Eastern Theater Command spokesman Senior Colonel Shi Yi said in a statement.
China, apparently, plans to continue the military exercises till Sunday.
Also Read | As it happened: Plane carrying Nancy Pelosi departs Taiwan
The entire exercise was sparked by US House Speaker Nancy Pelosi's visit to Taiwan, a trip that angered Beijing.
"In the face of this blatant provocation, we have to take legitimate and necessary countermeasures to safeguard the country's sovereignty and territorial integrity," foreign ministry spokeswoman Hua Chunying said at a briefing.
The exercises are being carried out on some of the busiest shipping routes in the world and Taiwan's Maritime and Port Bureau has asked ships to avoid all areas where the drills are being carried out.
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New trampoline park opens Saturday in Jacksonville Beach
A new trampoline park opens Saturday in Jacksonville Beach, with dodgeball and basketball courts and a dedicated court for young kids.
Altitude Trampoline Park has its grand opening scheduled for Saturday from 11 a.m. to 2 p.m. The park, at 1214 Beach Blvd., will have face-painters, a photo booth, DJ and live music from the Bach to Rock music school in Jacksonville Beach on hand for the celebration. Admission is free for the grand opening.
Altitude has more than 80 locations in the U.S., plus Argentina, Mexico, Panama and Spain. The Jacksonville Beach location will be the company's sixth in Florida, joining locations in Bradenton, Tampa, Sanford, Kissimmee and Tallahassee.
Hate country music? Even the most hardened rock fan would appreciate these 10 country acts
The Jacksonville Beach location will be open 11 a.m. to 8 p.m. every Sunday-Thursday and 11 a.m. to 9 p.m. Fridays and Saturdays. There are no age restrictions. Jumpers will be required to sign a waiver and wear special Altitude Grip Socks, which are sold on site.
Monthly memberships are available for $10 and annual passes are $89.99. Daily passes range from $15.99-$23.99. The park is also available for birthday parties and corporate team-building events.
The Jacksonville Beach jump park will include a main bouncing court, a dodgeball court, a basketball court, a kids' court and an Valo Jump Court, which combines jumping with an interactive video game.
Altitude is one of at least six trampoline parks in the Jacksonville area. Others include Urban Air on Southside Boulevard, Bravoz Entertainment Center on Old St. Augustine Road, Flight Adventure Park on A.C. Skinner Parkway, Surge Adventure Park on Arlington Expressway and Pump It Up on Beach Boulevard. | https://www.jacksonville.com/story/entertainment/2022/08/04/altitude-trampoline-park-opens-saturday-jacksonville-beach/10212403002/ | 2022-08-04T12:02:29Z | https://www.jacksonville.com/story/entertainment/2022/08/04/altitude-trampoline-park-opens-saturday-jacksonville-beach/10212403002/ | false | 1 |
A water play area has been closed in a Derbyshire park due to technical issues. The splash pad at Ashbourne Recreation Ground, in Cokayne Avenue, failed on Thursday, August 4.
The cause of the failure is being investigated, but no timescale for the repairs has been announced. It comes as families and children enjoy the warm weather during the summer holidays.
A spokesperson for Derbyshire Dales District Council said: "Unfortunately the splash pad at our Ashbourne Recreation Ground has failed. Apologies for the inconvenience.
READ MORE: National Trust issues statement after rumours of adult activity at Derbyshire beauty spot
"We are investigating the problem and will organise repairs, but have no timescales at this early stage."
Other splash parks in the Derbyshire Dales include Hall Leys Park in Matlock, and Bakewell Recreation Ground in Bakewell.
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- Parents urged to keep children away from dangerous factory in Derbyshire | https://www.derbytelegraph.co.uk/news/local-news/derbyshire-park-splash-pad-closed-7420076 | 2022-08-04T12:08:30Z | https://www.derbytelegraph.co.uk/news/local-news/derbyshire-park-splash-pad-closed-7420076 | true | 1 |
Jurors to visit still bloodstained Parkland school building
FORT LAUDERDALE, Fla. (AP) — Jurors in the trial of Florida school shooter Nikolas Cruz prepared to walk through the still blood-spattered rooms of a three-story building at Parkland’s Marjory Stoneman Douglas High School on Thursday, visiting the scene where he murdered 14 students and three staff members four years ago.
The seven-man, five-woman jury and 10 alternates will be bused under heavy security the 30 miles from the Broward County Courthouse in downtown Fort Lauderdale to the suburban school, where classes don’t resume until later this month. Law enforcement plans to seal off the area around the campus, and aircraft may be barred from flying overhead to prevent protesters from interrupting the proceedings and to protect the jurors’ safety.
The panelists and their law enforcement escorts will be accompanied into the building by Circuit Judge Elizabeth Scherer, prosecutors and Cruz’s attorneys. Cruz will not be present, according to one of his attorneys.
Prosecutors, who are winding up their case, are hoping the visit will help prove that the former Stoneman Douglas student’s actions were cold, calculated, heinous and cruel; created a great risk of death to many people and “interfered with a government function” — all aggravating factors under Florida’s capital punishment law.
Under Florida court rules, neither the judge nor the attorneys are allowed to speak to the jurors — and the jurors aren’t allowed to converse with each other — when they retrace the path Cruz followed on Feb. 14, 2018, as he methodically moved from floor to floor, firing down hallways and into classrooms as he went. The jurors have already seen surveillance video of the shooting and photographs of its aftermath.
Journalists will not be allowed inside until after the jurors leave, and will not be allowed to carry cameras.
The building has been sealed and surrounded by a chain-link fence since shortly after the massacre. Known both as the freshman and 1200 building, it looms ominously over the school and its teachers, staff and 3,300 students, and can be seen easily by anyone nearby. The Broward County school district plans to demolish it whenever the prosecutors approve. For now, it is a court exhibit.
“When you are driving past, it’s there. When you are going to class, it’s there. It is just a colossal structure that you can’t miss,” said Kai Koerber, who was a Stoneman Douglas junior at the time of the shooting. He is now at the University of California, Berkeley, and the developer of a mental health phone app. “It is just a constant reminder ... that is tremendously trying and horrible.”
Cruz, 23, pleaded guilty in October to 17 counts of first-degree murder; the trial is only to determine if he is sentenced to death or life without parole.
The building’s interior has been left nearly intact since the shooting: Bloodstains still smear the floor, and doors and walls are riddled with bullet holes. Windows in classroom doors are shot out. Rotted Valentine’s Day flowers, deflated balloons and other gifts are strewn about. Only the bodies and personal belongings such as backpacks have been removed.
Miami defense attorney David S. Weinstein said prosecutors are hoping the visit will be “the final piece in erasing any doubt that any juror might have had that the death penalty is the only recommendation that can be made.”
Such site visits are rare. Weinstein, a former prosecutor, said in more than 150 jury trials dating back to the late 1980s, he has only had one.
One reason for their rarity is that they are a logistical nightmare for the judge, who needs to get the jury to the location and back to the courthouse without incident or risk a mistrial. And in a typical case, a visit wouldn’t even present truthful evidence: After law enforcement leaves, the building or public space returns to its normal use. The scene gets cleaned up, objects get moved and repairs are made. It’s why judges order jurors in many trials not to visit the scene on their own.
Craig Trocino, a University of Miami law professor who has represented defendants appealing their death sentences, said the visit — combined with the myriad graphic videos and photos jurors have already seen — could open an avenue for Cruz’s attorneys if they find themselves in the same situation.
“At some point evidence becomes inflammatory and prejudicial,” he said. “The site visit may be a cumulative capstone.”
Cruz’s attorneys have argued that prosecutors have used evidence not just to prove their case, but to inflame the jurors’ passions.
Prosecutors are expected to rest their case shortly after the visit.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kplctv.com/2022/08/04/jurors-visit-still-bloodstained-parkland-school-building/ | 2022-08-04T12:10:41Z | https://www.kplctv.com/2022/08/04/jurors-visit-still-bloodstained-parkland-school-building/ | true | 23 |
NORTH BETHESDA, Md., Aug. 4, 2022 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today reported operating results for its second quarter ended June 30, 2022. For the three months ended June 30, 2022 and 2021, net income available for common shareholders was $0.75 per diluted share and $0.57 per diluted share, respectively.
Highlights for the quarter and subsequent events include:
- Generated record funds from operations available to common shareholders (FFO) per diluted share of $1.65 for the quarter compared to $1.41 for the second quarter 2021.
- Generated comparable property operating income (POI) growth of 8.2% for the second quarter.
- Continued record levels of leasing with 132 signed leases for 562,111 square feet of comparable space in the second quarter, our most active quarter on record.
- Federal Realty's portfolio was 92.0% occupied and 94.1% leased, representing year-over-year increases of 240 basis points and 140 basis points, respectively.
- Continued strong small shop leasing, ending the quarter at 89.3% leased, an increase of 360 basis points year over year and an increase of 580 basis points since the COVID-era low.
- During the quarter and subsequent to quarter end, acquired 3 assets which total over 1 million square feet on 93 acres of land for a total purchase price of $434 million.
- Increased the regular quarterly cash dividend to $1.08 per common share, resulting in an indicated annual rate of $4.32 per common share. This increase represents the 55th consecutive year that Federal Realty has increased its common dividend, the longest record of consecutive annual dividend increases in the REIT sector.
- Increased 2022 earnings per diluted share guidance to $2.50 - $2.65 and increased 2022 FFO per diluted share guidance to $6.10 - $6.25.
- Increased Comparable POI growth expectations to 5.5% - 7.0%.
- Issued the Company's annual Environmental, Social and Governance Report.
"A record quarter for Federal Realty; from funds from operations per share of $1.65, to continued record leasing levels, to celebrating our 55th consecutive year of increased common dividends," said Donald C. Wood, Chief Executive Officer. "The quality of our assets, our sector leading demographics and high-barrier markets give us confidence that our multi-faceted business plan is the right one to serve the consumer in today's economy."
Financial Results
Net Income
Net income available for common shareholders was $59.7 million and earnings per diluted share was $0.75 for second quarter 2022 versus $44.2 million and $0.57 respectively, for second quarter 2021.
FFO
In the second quarter 2022, Federal Realty generated FFO of $131.6 million, or $1.65 per diluted share. This compares to FFO of $110.1 million, or $1.41 per diluted share, in second quarter 2021.
FFO is a non-GAAP supplemental earnings measure which the Trust considers meaningful in measuring its operating performance. A reconciliation of FFO to net income is attached to this press release.
Portfolio Results
Occupancy
The portfolio was 92.0% occupied as of June 30, 2022, an increase of 80 basis points quarter-over-quarter and an increase of 240 basis points year-over-year. The portfolio was 94.1% leased as of June 30, 2022, an increase of 40 basis points quarter-over-quarter and an increase of 140 basis points year-over-year. The spread between our leased and occupied percentages was 210 basis points at the end of the second quarter.
Additionally, our comparable residential properties were 98.5% leased as of June 30, 2022, a sequential increase of 100 basis points over first quarter.
Leasing Activity
During the second quarter 2022, Federal Realty signed 137 leases for 577,338 square feet of retail space. On a comparable space basis (i.e., spaces for which there was a former tenant), Federal Realty leased 562,111 square feet at an average rent of $35.86 per square foot compared to the average contractual rent of $34.29 per square foot for the last year of the prior leases, representing a cash basis rollover growth on those comparable spaces of 5%, 13% on a straight-line basis.
Transaction Activity
During the quarter and subsequent to quarter end, we acquired 3 assets which total 1 million square feet on 93 acres of land for a total purchase price of $434 million.
- July 18, 2022 – Federal Realty acquired a 214,000 square foot office building adjacent to Hilton Village in Scottsdale, Arizona at the entrance to the town of Paradise Valley, the most affluent community in the greater Phoenix market for $53.6 million. The office building will be integrated into Federal's existing Hilton Village retail asset.
- July 27, 2022 – Federal Realty acquired The Shops at Pembroke Gardens, a 392,000 square foot super regional shopping center on 41 acres located in Broward County, Florida, adjacent to I-75 at the Pines Boulevard interchange, for $180.5 million. The property is anchored by Nike, Old Navy, DSW and Barnes & Noble with the opportunity to increase value over time through remerchandising, increasing rents and incremental capital investment.
- July 27, 2022 - Federal Realty closed on phase two of the previously announced acquisition of Kingstowne Towne Center in Kingstowne, Virginia, for $100 million representing a total purchase price of $200 million (phase one closed April 2022). Combined, the property comprises 410,000 square feet of retail space on 45 acres of land and is anchored by Safeway, Giant, T.J. Maxx, Ross Dress for Less and HomeGoods.
Regular Quarterly Dividends
Federal Realty announced today that its Board of Trustees increased the regular quarterly cash dividend to $1.08 per common share, resulting in an indicated annual rate of $4.32 per common share. The regular common dividend will be payable on October 17, 2022 to common shareholders of record as of September 22, 2022. This increase represents the 55th consecutive year that Federal Realty has increased its common dividend, the longest record of consecutive annual dividend increases in the REIT sector.
Federal Realty's Board of Trustees also declared a quarterly cash dividend on its Class C depositary shares, each representing 1/1000 of a 5.000% Series C Cumulative Preferred Share of Beneficial Interest, of $0.3125 per depositary share. All dividends on the depositary shares will be payable on October 17, 2022 to shareholders of record as of October 3, 2022.
Summary of Other Quarterly Activities
- June 1, 2022 – Federal Realty issued its 2021 Environmental, Social and Governance Report highlighting the Company's commitment to its ESG initiatives and accomplishments.
- June 21, 2022 – Federal Realty was named to The Washington Post's 2022 Top Workplaces list for its leadership in employee satisfaction and engagement.
Guidance
Federal Realty increased its 2022 guidance for earnings per diluted share to $2.50 - $2.65 from $2.36 - $2.56 and 2022 FFO per diluted share to $6.10 - $6.25 from $5.85 - $6.05.
Federal Realty increased comparable POI growth expectations to 5.5% - 7.0% from 3.5% – 5.0%.
Conference Call Information
Federal Realty's management team will present an in-depth discussion of Federal Realty's operating performance on its second quarter 2022 earnings conference call, which is scheduled for Thursday, August 4, 2022 at 11:00 AM ET. To participate, please call 877.407.9208 five to ten minutes prior to the call start time and use the passcode 13729950 (required). The teleconference can also be accessed via a live webcast at www.federalrealty.com in the Investors section. A replay of the webcast will be available on Federal Realty's website at www.federalrealty.com. A telephonic replay of the conference call will also be available through August 18, 2022 by dialing 844.512.2921; Passcode: 13729950.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 105 properties include approximately 3,100 tenants, in 25 million square feet, and approximately 3,400 residential units.
Federal Realty has increased its quarterly dividends to its shareholders for 55 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.
Safe Harbor Language
Certain matters discussed within this Press Release may be deemed to be forward-looking statements within the meaning of the federal securities laws. Although Federal Realty believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. These factors include, but are not limited to, the risk factors described in our Annual Report on Form 10-K filed on February 10, 2022, and include the following:
- risks that our tenants will not pay rent, may vacate early or may file for bankruptcy or that we may be unable to renew leases or re-let space at favorable rents as leases expire or to fill existing vacancy;
- risks that we may not be able to proceed with or obtain necessary approvals for any development, redevelopment or renovation project, and that completion of anticipated or ongoing property development, redevelopment or renovation projects that we do pursue may cost more, take more time to complete or fail to perform as expected;
- risks normally associated with the real estate industry, including risks that occupancy levels at our properties and the amount of rent that we receive from our properties may be lower than expected, that new acquisitions may fail to perform as expected, that competition for acquisitions could result in increased prices for acquisitions, that costs associated with the periodic maintenance and repair or renovation of space, insurance and other operations may increase, that environmental issues may develop at our properties and result in unanticipated costs, and, because real estate is illiquid, that we may not be able to sell properties when appropriate;
- risks that our growth will be limited if we cannot obtain additional capital;
- risks associated with general economic conditions, including local economic conditions in our geographic markets;
- risks of financing on terms which are acceptable to us, our ability to meet existing financial covenants and the limitations imposed on our operations by those covenants, and the possibility of increases in interest rates that would result in increased interest expense;
- risks related to our status as a real estate investment trust, commonly referred to as a REIT, for federal income tax purposes, such as the existence of complex tax regulations relating to our status as a REIT, the effect of future changes in REIT requirements as a result of new legislation, and the adverse consequences of the failure to qualify as a REIT; and
- risks related to natural disasters, climate change and public health crises (such as the outbreak and worldwide spread of COVID-19), and the measures that international, federal, state and local governments, agencies, law enforcement and/or health authorities implement to address them, may precipitate or materially exacerbate one or more of the above-mentioned risks, and may significantly disrupt or prevent us from operating our business in the ordinary course for an extended period.
Given these uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements that we make, including those in this Press Release. Except as required by law, we make no promise to update any of the forward-looking statements as a result of new information, future events, or otherwise. You should review the risks contained in our Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 10, 2022 and subsequent quarterly reports on Form 10-Q.
Notes:
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SOURCE Federal Realty Investment Trust | https://www.kotatv.com/prnewswire/2022/08/04/federal-realty-investment-trust-announces-second-quarter-2022-operating-results-55th-annual-dividend-increase/ | 2022-08-04T12:12:36Z | https://www.kotatv.com/prnewswire/2022/08/04/federal-realty-investment-trust-announces-second-quarter-2022-operating-results-55th-annual-dividend-increase/ | true | 12 |
The cost of prescription drugs have been a political issue for years. If Congress passes the Reduce Inflation Act, a provision would allow Medicare, for the first time, to negotiate drug prices.
Copyright 2022 NPR
The cost of prescription drugs have been a political issue for years. If Congress passes the Reduce Inflation Act, a provision would allow Medicare, for the first time, to negotiate drug prices.
Copyright 2022 NPR | https://www.kvcrnews.org/2022-08-04/democrats-may-make-some-progress-toward-lowering-high-drug-prices | 2022-08-04T12:13:34Z | https://www.kvcrnews.org/2022-08-04/democrats-may-make-some-progress-toward-lowering-high-drug-prices | false | null |
The carrier has already suspended ticket purchases for short-haul flights from the country’s biggest airport for at least a week in response to a cap on daily passenger numbers. But yesterday the airline admitted it could not rule out disruption to longhaul routes out of Heathrow either while the cap remained in place.
Such a move is likely to push prices higher and mean travellers wanting last-minute journeys to destinations such as the USA, Singapore or Dubai may be unable to find seats.
Last night Ryanair chief executive Eddie Wilson claimed his company could benefit because other airlines had been complacent about hiring enough staff this summer.
He said: “The time to hire for this summer was last October. This isn’t like running a warehouse, they’ve got to be part of a training process.
“Our view, which was borne out, was that when demand came back, it was going to come back in one go.”
BA operate more than half of all flights from Heathrow and restrictions are likely to damage profits.
The airport announced last month that a maximum of 100,000 people per day would be allowed to fly until September 11.
Gatwick made a similar move to reduce the number of flights that can operate from its terminals. It follows chaotic scenes at Britain’s main airports this summer, with large numbers of passengers subjected to hours-long queues, missing or late baggage and last-minute cancellations.
Alex Macheras, an independent aviation analyst, said it was “realistic” to expect that BA would also now have to cut back on long-haul flights.
He said: “With the current restrictions, caps and pressures that are being put on airlines, there is no way they could guarantee that not a single long-haul flight will be affected.While short-haul flights with multiple frequencies will always take the hit first, they also operate long-haul flights with multiple frequencies.
“So there is room there as well to trim down the schedule.”
BA said ticket sale suspensions were being dealt with on a case-bycase basis.
A spokeswoman added: “When Heathrow introduced its passenger cap, we took a small number of additional flights from our schedule.
“To continue to comply with the cap, we’ve been taking responsible action by limiting sales of all the available fares on some of our Heathrow services to ensure more seats are available to rebook customers.
“We’ll continue to manage bookings to be within the cap.”
Source link | https://newslanes.com/2022/08/04/british-airways-could-stop-sales-of-long-haul-flights-to-ease-travel-chaos/ | 2022-08-04T12:13:46Z | https://newslanes.com/2022/08/04/british-airways-could-stop-sales-of-long-haul-flights-to-ease-travel-chaos/ | true | 2 |
Guar Complexs Market Report 2022 – Market Size, Share, Price, Trend and Forecast
The global market size of Guar Complexs is $XX million in 2021 with XX CAGR from 2017 to 2021, and it is expected to reach $XX million by the end of 2028 with a CAGR of XX% from 2022 to 2028.
Global Guar Complexs Market Report 2022 – Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Guar Complexs industry. The key insights of the report:
1.The report provides key statistics on the market status of the Guar Complexs manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2021 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2022-2028 market development trends of Guar Complexs industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Guar Complexs Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Guar Complexs as well as some small players. At least 11 companies are included:
* Vikas WSP
* Shree Ram Gum
* India Glycols Ltd.
* Supreme Gums Pvt. Ltd.
* Lamberti
* Jai Bharat Gum
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Guar Complexs market
* Guar Gum
* Guar Seed
* Guar Meal
* Others
For end use/application segment, this report focuses on the status and outlook for key applications. End users are also listed.
* Application I
* Application II
* Application III
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
Table of content
Table of Content
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Methodology
3.2.1 Primary Sources
3.2.2 Secondary Sources
3.2.3 Assumptions
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Guar Complexs Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Guar Complexs by Region
8.2 Import of Guar Complexs by Region
8.3 Balance of Trade
Chapter 9 Historical and Current Guar Complexs in North America (2013-2021)
9.1 Guar Complexs Supply
9.2 Guar Complexs Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 US
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Current Guar Complexs in South America (2013-2021)
10.1 Guar Complexs Supply
10.2 Guar Complexs Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Current Gu
CONTACT US:
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REHOVOT, Israel, Aug. 4, 2022 /PRNewswire/ -- Nova (Nasdaq: NVMI) today announced financial results for the second quarter, the three-month period ended June 30, 2022.
- Record quarterly revenue of $141.6 million. Up 45% year over year
- GAAP net income of $34.9 million, or $1.09 per diluted share. Up 42% year over year on a per-share basis
- Non-GAAP net income of $39.5 million, or $1.24 per diluted share. Up 38% year over year on a per-share basis
- Record Optical CD Standalone revenue driven by multiple customer selections
- Diversified geographic mix, including four major territories contributing over 15% of revenue each
- Continued proliferation of Nova METRION®. Selected by Advanced Logic Manufacturer
A reconciliation between GAAP operating results and non-GAAP operating results is provided following the financial statements included in this release. See also "Use of Non-GAAP Adjusted Financial Measures" section.
"Nova delivered sound results for the second quarter, demonstrating strength in all product lines across our dimensional, materials, and chemical metrology portfolio. Our business performance yielded another quarterly revenue record with both revenue and profitability reaching the high end of the guidance," commented Eitan Oppenhaim, President and Chief Executive Officer. "Our solid backlog and the demand for our products across the various semiconductor technology nodes solidify our goal to continue our profitable growth this year as well. With the company revenues exceeding $500 million in the last four quarters, we mark the realization of our Nova 500 strategic plan, which cemented the fundamentals to support our future organic and inorganic growth in the long term."
Management provided an outlook for the third quarter, the period ending September 30, 2022. Based on current estimates, management expects:
- $137 million to $147 million in revenue
- $0.89 to $1.08 in diluted GAAP EPS
- $1.06 to $1.25 in diluted non-GAAP EPS
Total revenues for the second quarter of 2022 were $141.6 million, an increase of 6% compared with the first quarter of 2022 and an increase of 45% compared with the second quarter of 2021.
Gross margin in the second quarter of 2022 was 57%, same as the first quarter of 2022 and the second quarter of 2021.
Operating expenses in the second quarter of 2022 were $43.4 million, compared with $39.0 million in the first quarter of 2022 and $28.7 million in the second quarter of 2021.
On a GAAP basis, the Company reported net income of $34.9 million, or $1.09 per diluted share, in the second quarter of 2022. This is compared with net income of $34.2 million, or $1.07 per diluted share, in the first quarter of 2022, and net income of $22.9 million, or $0.77 per diluted share, in the second quarter of 2021.
On a non-GAAP basis, the Company reported net income of $39.5 million, or $1.24 per diluted share, in the second quarter of 2022. This is compared with net income of $41.5 million, or $1.30 per diluted share, in the first quarter of 2022, and net income of $26.9 million, or $0.90 per diluted share, in the second quarter of 2021.
Nova will host a conference call today, August 4, 2022, at 8:30 a.m. Eastern Time, to discuss the financial results and outlook. To attend the conference call, please dial one of the following teleconferencing numbers. Please begin by placing your calls five minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.
U.S. TOLL-FREE Dial-in Number: 1-800-239-9838
ISRAEL TOLL-FREE Dial-in Number: 1-809-407-724
INTERNATIONAL Dial-in Number: 1-323-794-2551
At:
8:30 a.m. Eastern Time
5:30 a.m. Pacific Time
3:30 p.m. Israel Time
The conference call will also be webcast live from a Link on Nova's website at https://www.novami.com/investors/events/.
A replay of the conference call will be available from August 4, 2022, at 11:30 a.m. Eastern Time to August 11, 2022, at 11:59 p.m. Eastern Time. To access the replay, please dial one of the following numbers:
Replay Dial-in TOLL-FREE: 1-844-512-2921
Replay Dial-in TOLL/INTERNATIONAL: 1-412-317-6671
Replay Pin Number: 2902650
A replay will also be available for 90 days on Nova's website at https://www.novami.com/investors/events/.
About Nova
Nova is a leading innovator and key provider of material, optical and chemical metrology solutions for advanced process control in semiconductor manufacturing. Nova delivers continuous innovation by providing state-of-the-art high-performance metrology solutions for effective process control throughout the semiconductor fabrication lifecycle. Nova's product portfolio, which combines high-precision hardware and cutting-edge software, provides its customers with deep insight into developing and producing the most advanced semiconductor devices. Nova's unique capability to deliver innovative solutions enables its customers to improve performance, enhance product yields and accelerate time to market. Nova acts as a partner to semiconductor manufacturers from its offices worldwide. Additional information may be found on Nova's website link - https://www.novami.com/.
Nova is traded on the Nasdaq and TASE, Nasdaq ticker symbol NVMI.
Use of Non-GAAP Adjusted Financial Measures
This press release provides financial measures that exclude amortization of acquired intangible assets, acquisition related expenses, inventory step-up and contingent consideration revaluation, stock-based compensation expenses, revaluation of operating lease liabilities, amortization of debt discount and issuance costs and tax effect of non-GAAP adjustment, as applicable, and are therefore not calculated in accordance with generally accepted accounting principles (GAAP). Management believes that these non-GAAP financial measures provide meaningful supplemental information regarding Nova's performance because they reflect our operational results and enhance management's and investors' ability to evaluate Nova's performance before charges or benefits considered by management to be outside Nova's ongoing operating results. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. Management believes that it is in the best interest of its investors to provide financial information that will facilitate comparison of both historical and future results and allow greater transparency to supplemental information used by management in its financial and operational decision making. A reconciliation of each GAAP to non-GAAP financial measure discussed in this press release is contained in the accompanying financial tables.
This press release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance, such as statements regarding, but not limited to, anticipated growth opportunities and projections about our business and its future revenues, expenses and profitability. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied in those forward-looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to, the following: catastrophic events such as the outbreak of COVID-19; increased information technology security threats and sophisticated computer crime; foreign political and economic risks; changes in U.S. trade policies; inability to protect our intellectual property; open source technology exposure; failure to compete effectively or to respond to the rapid technological changes; consolidation in our industry; difficulty in predicting the length and strength of any downturn or expansion period of the market we target; factors that adversely affect the pricing and demand for our product lines; dependency on a small number of large customers; dependency on a single manufacturing facility per product line; dependency on a limited number of suppliers; difficulty in integrating current or future acquisitions; lengthy sales cycle and customer delays in orders; political, economic, and military instability in Israel; risks related to our convertible notes; currency fluctuations; and quarterly fluctuations in our operating results. We cannot guarantee future results, levels of activity, performance or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Risk Factors" in Nova's Annual Report on Form 20-F for the year ended December 31, 2021 filed with the Securities and Exchange Commission on March 1, 2022. These factors are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. Nova Ltd. does not assume any obligation to update the forward-looking information contained in this press release.
(Tables to Follow)
* Stock-based compensation for the three months ended June 30, 2022 included in: Cost of revenues - 1,021; Research and development, net - 1,694; Sales and marketing - 756; General and administrative - 601.
Company Contact:
Dror David, Chief Financial Officer
Tel: +972-73-229-5760
E-mail - investors@novami.com
Nova website link - https://www.novami.com/
Investor Relations Contact:
Miri Segal MS-IR LLC
Tel: +917-607-8654
E-mail - msegal@ms-ir.com
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SOURCE Nova | https://www.wbko.com/prnewswire/2022/08/04/nova-reports-results-second-quarter-2022/ | 2022-08-04T12:16:35Z | https://www.wbko.com/prnewswire/2022/08/04/nova-reports-results-second-quarter-2022/ | true | 20 |
When you weaken the party, you weaken the country - Bernard Grech on Robert Arrigo
Grech still insists that he did not withhold publication of an ethics report concerning a Naxxar mayor because he 'did not like the outcome'
Opposition leader Bernard Grech insisted that he never tried to withhold publication of an ethics report into Naxxar Mayor Annemarie Muscat Fenech Adami, adding that anyone with such claims should bring them to the party structures.
In an interview on the Nationalist Party's radio station, Grech maintained that claims by former party deputy leader Robert Arrigo over the ethics report were false. He added that such qualms should be brought before the party's internal structures.
"It's not fair to say that the leader of the party prevented publication because the [ethics] board came to a conclusion that I did not like," he said on Thursday.
Arrigo's initial claim was that Grech lied on national television when he said last June that the internal investigation was not yet concluded. He said that the report was ready "months ago", but Grech did not like the outcome because it contradicted his stand when asking the mayor to resign.
"Whenever we weaken the party, we weaken the country. Whenever we say things that aren't true... or even if they're true, bring it to the party organs," Grech said.
Air Malta
Grech insisted that Air Malta is a necessary pillar of the local tourism sector, but added that the government was making promises to the airline's workers that could not be kept.
In January, Finance Minister Clyde Caruana had announced that Air Malta's workforce would be halved under plans to make the airline financially viable. The employees who chose to voluntarily leave the company were offered alternative employment with the government.
However, The Shift News reported that Caruana is now reneging on this commitment.
"Government has an obligation to save Air Malta, but not at the expense of workers that have given such a good service.
Grech also accused government of reckless spending, specifically by spending millions on direct orders or failed public-private partnerships like the Vitals concession.
"It's good to build flyovers, but holding an opening ceremony six times isn't good. You're wasting millions in tax payer money for propaganda," he said.
On traffic, Grech said government spent millions on road projects without a coherent plan. "They spent money on nice projects, helped in certain areas, yet you still get stuck in traffic."
He particularly slammed Transport Minister Aaron Farrugia for blaming recent traffic jams on roads clsoed for village festas.
Grech touched on security concerns, noting that many police officers are leaving the corps and feeling demoralised. He argued that this means localities might be more exposed to crime hotspots.
He also spoke about the recent introduction of the EU Work-Life Balance Directive, which Nationalist MP David Casa negotiated. He said government transposed the bare minimum of the directive, "just enough to not get in trouble with the EU".
Grech concluded by saying that the party will not stop renewing itself and will be on the look-out for new blood, while restructuring the PN media wing while strengthening the work of party committees. | https://www.maltatoday.com.mt/news/national/118155/when_you_weaken_the_party_you_weaken_the_country__bernard_grech_on_robert_arrigo | 2022-08-04T12:16:46Z | https://www.maltatoday.com.mt/news/national/118155/when_you_weaken_the_party_you_weaken_the_country__bernard_grech_on_robert_arrigo | false | 1 |
2022-2030 Report on Small Composite Wind Blade Market by Player, Region, Type, Application and Sales Channel
This report studies the Small Composite Wind Blade market, covering market size for segment by type (Thermosetting Composites, Thermoplastic Composites, etc.), by application (0-1.5 MW, 1.5-2.0 MW, etc.), by sales channel (Direct Channel, Distribution Channel), by player (LM Wind Power, Vestas, Enercon, Tecsis, Siemens (Gamesa), etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Small Composite Wind Blade from 2016-2021, and provides extensive market forecasts from 2022-2030 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Small Composite Wind Blade market.
Moreover, the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase. Fortunately, with the development of vaccine and other effort by global governments and organizations, the negative impact of COVID-19 is expected to subside and the global economy is expected to recover.
This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
Leading players of Small Composite Wind Blade including:
LM Wind Power
Vestas
Enercon
Tecsis
Siemens (Gamesa)
Suzlon
TPI Composites
Siemens
CARBON ROTEC
Acciona
Inox Wind
Zhongfu Lianzhong
Sinoma
New United
United Power
XEMC New Energy
Market split by Type, can be divided into:
Thermosetting Composites
Thermoplastic Composites
Market split by Application, can be divided into:
0-1.5 MW
1.5-2.0 MW
2.0-3.0 MW
Others
Market split by Sales Channel, can be divided into:
Direct Channel
Distribution Channel
Market segment by Region/Country including:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
If you have any special requirements, please let us know and we can provide you the customized report as you want.
Table of content
Table of Contents
Chapter 1 Small Composite Wind Blade Market Overview
1.1 Small Composite Wind Blade Definition
1.2 Global Small Composite Wind Blade Market Size Status and Outlook (2016-2030)
1.3 Global Small Composite Wind Blade Market Size Comparison by Region (2016-2030)
1.4 Global Small Composite Wind Blade Market Size Comparison by Type (2016-2030)
1.5 Global Small Composite Wind Blade Market Size Comparison by Application (2016-2030)
1.6 Global Small Composite Wind Blade Market Size Comparison by Sales Channel (2016-2030)
1.7 Small Composite Wind Blade Market Dynamics (COVID-19 Impacts)
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/Expansion)
1.7.4 COVID-19 Impacts
1.7.5 Post-Strategies of COVID-19
Chapter 2 Small Composite Wind Blade Market Segment Analysis by Player
2.1 Global Small Composite Wind Blade Sales and Market Share by Player (2019-2021)
2.2 Global Small Composite Wind Blade Revenue and Market Share by Player (2019-2021)
2.3 Global Small Composite Wind Blade Average Price by Player (2019-2021)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Small Composite Wind Blade Market Segment Analysis by Type
3.1 Global Small Composite Wind Blade Market by Type
3.1.1 Thermosetting Composites
3.1.2 Thermoplastic Composites
3.2 Global
CONTACT US:
North Main Road Koregaon Park, Pune, India – 411001.
International: +1(646)-781-7170
Asia: +91 9169162030
Visit: https://www.24chemicalresearch.com/ | https://galleonnews.com/uncategorized/425607/2022-2030-report-on-small-composite-wind-blade-market-by-player-region-type-application-and-sales-channel/ | 2022-08-04T12:17:06Z | https://galleonnews.com/uncategorized/425607/2022-2030-report-on-small-composite-wind-blade-market-by-player-region-type-application-and-sales-channel/ | false | 13 |
Pearson+ Channels adds thousands of videos and practice questions to the company's leading library of 1,500 eTextbooks
HOBOKEN, N.J., Aug. 4, 2022 /PRNewswire/ -- Pearson+, today released Channels, its curated library feature of more than 10,000 short-form videos, produced, picked, and organized by experts into 16-course areas with an emphasis on science, math, and business—difficult subjects where millions of students seek video tutoring.
With Channels, Pearson pairs its eTextbook library with guided video tutorials, original practice questions, and other learning videos vetted and curated by Pearson experts on the same platform, so students don't have to search the web looking for supplemental learning help.
Thousands of the videos feature Pearson tutors, who recently joined the company as a part of the acquisition of Clutch Prep. These tutors guide students through their course, topic-by-topic with practice questions to simplify difficult concepts. Students are also able to interact with each other and their tutors by posting comments, asking questions, and getting feedback.
For this early release, Channels is available to all college students for free, even if they aren't using a Pearson textbook.
"Until now, Pearson+ was designed for students who were assigned a Pearson textbook. Now, with the addition of the Channels feature, Pearson+ is set to become a great learning tool for any college student who wants extra study help," stated Andy Bird, Pearson CEO. "Adding curated video tutorials on Pearson+ delivers on our promise to bring vibrant learning experiences to even more people. With Channels, we're excited to reach many more students with our engaging content in the upcoming school year."
As more students use Pearson+, Pearson is learning and adapting the product to fit how students prefer to study. High engagement with the audio, notetaking, and flash card features support Pearson's move to prioritize interactive study tools that allow for more flexible learning. Pearson+ gives students the ability to read online or offline, listen, or watch to support however they choose to learn concepts and pass exams.
This fall, Pearson+ subscribers will also have access to discounts for college lifestyle brands including Dormify and Contiki Tours. These partnerships add value to the Pearson+ subscription and will help students save money on their interests that are outside of the classroom.
Pearson+ has had a successful first year since launching in August 2021. Registered users now stand at 4.5 million for the academic year, with 329,000 paid subscriptions.
More info about Pearson+ features, including Channels can be found here.
Visit www.pearson.com/channels to enter the Pearson+ Channels experience.
At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That's why our c.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world's leading learning company, serving customers in nearly 200 countries with digital content, assessments, qualifications, and data. For us, learning isn't just what we do. It's who we are. Visit us pearsonplc.com.
Contact
Joe Wiggins, Joe.wiggins@pearson.com
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SOURCE Pearson | https://www.wbko.com/prnewswire/2022/08/04/pearson-releases-curated-video-amp-practice-feature-enhance-learning-experiences-all-college-students/ | 2022-08-04T12:17:15Z | https://www.wbko.com/prnewswire/2022/08/04/pearson-releases-curated-video-amp-practice-feature-enhance-learning-experiences-all-college-students/ | false | 11 |
BANGKOK, Aug. 4, 2022 /PRNewswire/ — Thailand Convention and Exhibition Bureau (TCEB), in partnership with Phuket City and Thailand’s Ministry of Public Health, welcomed nine Enquiry Mission Members from Bureau International des Expositions (BIE), the governing body of World Expos, as guests of the Thai Government from 24-29 July 2022 on their inspection trip to Bangkok and Phuket to evaluate the Phuket’s candidacy to host Expo 2028 Phuket Thailand.
TCEB and Phuket Welcome Enquiry Mission Members from World Expo’s Governing Body to Assess Phuket’s Candidacy for Expo 2028
Should Phuket be selected, the island would be the first city in ASEAN to host world-class expo. Themed “Future of Life: Living in Harmony, Sharing Prosperity”, Expo 2028 Phuket Thailand will take place from 20 March – 17 June 2028 on a site measuring 141 rai (22.56 hectares) at the northern tip of Phuket island known as Mai Khao Beach. TCEB is projecting a minimum of 7 million expo visitation and a revenue of 50 billion baht for Thailand. The Expo is an opportunity to raise the quality of life for residents of the province by accelerating infrastructural development for transport, healthcare, and tourism.
Mr. Chiruit Isarangkun Na Ayuthaya, President of TCEB said: “Representing the Thai government, TCEB had worked with Phuket in the preparation for the bid to host Specialised Expo 2028 since 2020. That initial expression of interest was followed by the first country presentation to BIE in June, when TCEB and Phuket shared Thailand’s vision for Expo 2028 Phuket at BIE’s headquarter in Paris. The recently concluded Enquiry Mission is an important next-step in the selection process of a host city. During their visit, the nine members of the Enquiry Mission met all related parties to determine the degree of support from national, provincial, and municipal authorities in the organisation of the Expo.
“The key priority for BIE is post-expo area development. For this, we are highlighting that the facilities built for Expo 2028 Phuket will be re-developed into the World Medical and Wellness Center with provisions for public-private partnerships in healthcare and wellness, education, and sustainable living. The Expo will benefit not only the city of Phuket but also other provinces on the Andaman coast and Thailand. The Expo is expected to generate 110,000 jobs, increase Thailand’s gross domestic product by 39.357 billion baht, and raise tax revenues by 9.512 billion baht. The Thai government is projecting a return-on-investment of 900%.
“Most importantly, Expo 2028 Phuket Thailand will spotlight Thailand and Phuket as a world-class destination and promote health and wellness tourism. We have started to prepare for our second country presentation in November when we hope to convince BIE of Phuket’s global appeal. Should Phuket succeed, it will the first time a world-class expo is being held in Southeast Asia. Let us all give our support to Phuket.”
Mr. Narong Wun Siew, the Governor of Phuket Province said: “The city of Phuket has worked closely with TCEB, Vachira Phuket Hospital, and public and private organisations since 2020 to prepare for the candidacy of Expo 2028 Phuket Thailand. To impress upon BIE’s Enquiry Mission Members, the extent of local support for the Expo, the city set up a provincial committee made up of representatives from the public and private sectors, civil society organisations, and local communities. These are the people who have helped raise awareness for the Expo, made preparations for the site, and compiled data in support of the project. They briefed the Enquiry Mission Members on the proposed site, future plans, legal matters, marketing plans, tourism infrastructure, and the province’s unique features that exemplify the Expo theme of ‘Future of Life: Living in Harmony, Sharing Prosperity’. We also emphasised how the site will be transformed into a world-class centre for health & wellness tourism and holistic healing when Expo 2028 Phuket Thailand is over, and how the global exposure gained in 2028 will continue to benefit the local economy long into the future. Apart from generating revenue for an estimated number of ten thousand million baht for Phuket, the Expo will allow us to fast-track infrastructure development and raise the Phuket’s capacity to host international events. The result is a better quality of life for residents of Phuket and adjacent provinces.”
Before the idea for Phuket to host the Expo was conceived, the Thai government had already initiated several projects to grow Phuket into a health and wellness destination. The core project is the World Medical and Wellness Center which will occupy much of the Expo site at Mai Khao Sub-District, Thalang District of Phuket. Post-expo, many of the Expo pavilions and structures will be re-developed into facilities according to the original master plan. These include an international medical and wellness centre, a convention centre, a public park for health and rehabilitation, an ecology-learning centre, and public spaces that promote physical and mental wellness. To organise Expo 2028 Phuket Thailand, the Thai government has approved the budget framework of 4.18 billion baht.
Other than Thailand, Argentina, Serbia, Spain and the USA are also vying to host an expo in 2028. BIE will reveal the finalists after the second country presentation in November and the winning host country in June 2023.
Related pictures: https://we.tl/t-72SUfN4aWd
About TCEB
A LEADING AGENCY AT THE FOREFRONT OF THAILAND’S MICE INDUSTRY
Established in 2004, Thailand Convention & Exhibition Bureau (Public Organization) or TCEB – the government agency under the supervision of the Prime Minister – has been assigned a role to promote, support and develop business events industry – corporate meetings, incentive trips, conventions, exhibitions, mega events and world festivals. Serving as a strategic partner, TCEB helps deliver creative ideas and solutions to bring success and fulfill the requirements of business events. The overarching goal is to drive Thailand to become a global MICE and mega events destination that can drive the country’s strategic industries and national economy. | https://www.topnewsphil.com/tceb-and-phuket-welcome-enquiry-mission-members-from-world-expos-governing-body-to-assess-phukets-candidacy-for-expo-2028/ | 2022-08-04T12:18:08Z | https://www.topnewsphil.com/tceb-and-phuket-welcome-enquiry-mission-members-from-world-expos-governing-body-to-assess-phukets-candidacy-for-expo-2028/ | true | 2 |
In 2012, Colorado legalized marijuana for recreational use. Since then, our state has been a leader when it comes to responsible regulation, as evidenced by the astounding 95%-97% compliance rate when it comes to preventing underage marijuana consumption.
We basically wrote the book on how to have a safe, legal cannabis industry. So, why are we failing to exhibit the same leadership when it comes to hemp intoxicants?
Over the years, hemp has been presented to the public as a harmless plant used in lotions and textiles. In fact, its highly renewable nature makes it an incredible and inexpensive solution in a wide range of industries. However, like most things, it can have a dark side if misused.
In a rush to take advantage of the many benefits that hemp offers, our leaders have left various loopholes in the laws governing the sale of hemp products. Naturally, some unscrupulous manufacturers began exploiting these loopholes and are now selling psychoactive, hemp-derived THC to our teens.
For those who haven’t been following this situation closely, hemp was made legal at the federal level by the 2018 Farm Bill. Unfortunately, the bill also left an open door for retailers to sell hemp-derived intoxicants with little to no oversight or regulatory standards. Meaning that there are virtually no protections for consumer safety or anything preventing it from being sold to underage buyers.
The result? Hemp-derived products soared in popularity. Without any restrictions on who can buy them or how they’re distributed, bad actors began infusing these products with delta-8 THC. This psychoactive cannabinoid can be extracted from hemp, which contains very low concentrations of THC.
Although harmless in its natural state, when concentrated into delta-8 and other cannabinoids, hemp derived THC can be infused into gummies, vapes, and other products that appeal to teens. On the surface, these items mimic the products sold in marijuana dispensaries. However, they are manufactured and distributed with no oversight. So, any child with access to a cell phone can buy them.
The only barrier is that they must first click on a box that says “I’m over 18.” No ID check, no signature, just an inconspicuous package delivered right to your door. Worse still, is that the production of these products also lacks regulation, allowing for the use of harmful chemicals in the production process. This is among a variety of factors that likely led to more than 100 reports of adverse health events related to hemp intoxicants in just 14 months, according to the FDA.
Although the FDA has issued multiple public warnings that these products are not evaluated for safe consumption, it has done little to deter those profiting from their sale. Over 20 states have already stepped up to protect families from intoxicating hemp. Despite all this, Colorado remains the Wild West when it comes to hemp-derived THC products.
Thankfully, this year Colorado lawmakers took a first step. This year they passed Senate Bill 205, which authorizes Colorado’s Marijuana Enforcement Division to convene a task force, whose goal is to evaluate the loopholes and make public safety policy recommendations for next year’s legislative period. The SB 205 task force, which is comprised of hemp and marijuana industry leaders, state representatives, patients, and other experts began meeting in July. Although this seems like a pivotal step towards protecting our communities, some of the hemp companies involved in the discussion appeared to care more about protecting the current loopholes than public safety.
As a father to a 15-year-old, I hope the Marijuana Enforcement Division will see through these self-serving objections. The conversation should focus on the risks that these products pose to our youth and how to prevent them. I don’t understand how those officials, to whom we’ve entrusted the responsibility of protecting our families, can justify wasting any time at all on the concerns of those groups who worry about lost profits from the sale of toxic products to our children.
This isn’t rocket science. If the product is intoxicating, it should be sold in a dispensary, period. We also need purchase limits to define what constitutes “intoxicating.” If hemp derived gummies are going to be sold outside of dispensaries, we need a strict limit of 0.2 milligrams per serving and a cap on the total number of servings per container — so that kids can’t just eat more gummies to get high.
Any parent could go on and on about the challenges our kids contend with in today’s world. It’s time to behave like adults. Those who profit from these industries and those responsible for safety, should be the first to stand up. To take on the task of mitigating the threats our children face, not look for ways of perpetuating them! Let’s close the loopholes, establish common sense standards, and protect the most vulnerable members of our communities — those who we call “our future.”
Vadim Epelbaum lives in Brighton and is the father to a 15-year-old daughter. He is a veteran of Operation Iraqi Freedom II and president of the Board of Directors for the Education Foundation for the Colorado National Guard. | https://gazette.com/denver-gazette/colorado-is-failing-to-protect-its-teens/article_ff7db5b8-134e-11ed-a0d4-bffebd63873c.html | 2022-08-04T12:19:05Z | https://gazette.com/denver-gazette/colorado-is-failing-to-protect-its-teens/article_ff7db5b8-134e-11ed-a0d4-bffebd63873c.html | true | 1 |
BlackRock Sustainable American Income Trust Plc - Net Asset Value(s)
PR Newswire
London, August 4
NET ASSET VALUE BLACKROCK SUSTAINABLE AMERICAN INCOME TRUST PLC 549300WWOCXSC241W468 The unaudited net asset values for BlackRock Sustainable American Income Trust PLC at close of business on 3 August 2022 were: 212.95p Capital only 213.47p Including current year income Notes: 1. Investments have been valued on a bid price basis. 2. Revenue items included in net asset value, with dividends payable deducted on the ex-dividend date. 3. Following the share issuance of 150,000 ordinary shares on 16th April 2021, the Company has 80,229,044 ordinary shares in issue, excluding 20,132,261 which are held in treasury.
Kostenloser Wertpapierhandel auf Smartbroker.de | https://www.finanznachrichten.de/nachrichten-2022-08/56726682-blackrock-sustainable-american-income-trust-plc-net-asset-value-s-008.htm | 2022-08-04T12:21:15Z | https://www.finanznachrichten.de/nachrichten-2022-08/56726682-blackrock-sustainable-american-income-trust-plc-net-asset-value-s-008.htm | true | null |
SAN FRANCISCO (AP) — The husband of U.S. House Speaker Nancy Pelosi pleaded not guilty Wednesday to misdemeanor driving under the influence charges related to a May crash in Northern California wine country.
Paul Pelosi, 82, did not appear in person at Napa County Superior Court Wednesday. His attorney, Amanda Bevins, entered not guilty pleas on his behalf on charges of driving under the influence of alcohol causing injury and driving with a .08% blood alcohol level or higher causing injury.
The complaint comes as Speaker Pelosi makes global headlines with a trip to Asia this week, including a controversial visit to Taiwan that heightened tensions with China. The powerful Democrat said the U.S. will not abandon the self-governing island and will defend democracy around the world.
Paul Pelosi was arrested following a May 28 crash in Napa County, north of San Francisco, after a DUI test showed he had a blood alcohol content of .082%.
Officers responding to the crash after 10 p.m. near the wine country town of Yountville said they found Pelosi in the driver’s seat of a 2021 Porsche Carrera and the other driver standing outside a sport utility vehicle, according to the complaint made public Wednesday.
California Highway Patrol officers reported that Pelosi was “unsteady on his feet, his speech was slurred, and he had a strong odor of an alcoholic beverage.”
Pelosi offered to officers his driver’s license along with an “11-99 Foundation” card when asked for identification, the complaint says. The 11-99 Foundation supports CHP employees and their families.
The complaint charges Pelosi with being under the influence of “an alcoholic beverage and a drug” but both Bevins and Paul Gero, assistant district attorney for Napa County, said the drug reference was boilerplate language generated by the case management system.
Prosecutors filed the case as a misdemeanor because of injuries to the 48-year-old driver of the SUV. They have declined to identify the driver, saying the person has requested privacy.
In an interview with investigators from the district attorney’s office, the driver reported pain in his upper right arm, right shoulder and neck the day after the crash. He said he also had headaches.
Pelosi was released on $5,000 bail after his arrest. Speaker Pelosi was in Rhode Island to deliver the commencement address at Brown University at the time. Her office has declined to comment.
If convicted, Pelosi faces up to a minimum of five days in jail and up to five years of probation. He would also be required to complete a drinking driver class and install an ignition interlock device in his vehicle that requires the driver to blow into it to travel, prosecutors said.
State law allows for DUI misdemeanor defendants to appear through their attorney unless ordered otherwise by the court. | https://kfor.com/news/national/ap-us-news/paul-pelosi-pleads-not-guilty-to-dui-misdemeanor-charges/ | 2022-08-04T12:21:30Z | https://kfor.com/news/national/ap-us-news/paul-pelosi-pleads-not-guilty-to-dui-misdemeanor-charges/ | true | 45 |
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50 Cent recently spent time with Lala Kent on a film set - several years after he feuded with her ex-fiancé, Randall Emmett.
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Jackson re-posted the snap on his Instagram page and wrote, "Randell (sic) you better stop texting people talking s**t because I get nervous, and you know how I get when I get nervous."
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- Madrigal remains on track to announce topline data from the Phase 3 MAESTRO-NASH biopsy study in the fourth quarter
CONSHOHOCKEN, Pa., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL), a clinical-stage biopharmaceutical company pursuing novel therapeutics for nonalcoholic steatohepatitis (NASH), today provides a summary of recent corporate accomplishments and reports its second quarter 2022 financial results.
Paul Friedman, M.D., Chief Executive Officer of Madrigal, stated, “We believe resmetirom, a once-daily oral medication that targets the steatohepatitis and resulting fibrosis in the liver, has the potential to transform the treatment of NASH. As we enter an important period for the company, I’m confident in our strategic plan and operational readiness: we’ve continued to advance our Phase 3 MAESTRO program, expanded our market development activities in the U.S., and improved our financial position with the term loan agreement announced last quarter. Madrigal is well-positioned for the road ahead.”
Becky Taub, M.D., Chief Medical Officer and President of Research & Development of Madrigal, stated, "The MAESTRO-NAFLD-1 results we recently presented at EASL reinforce our understanding of the favorable safety and tolerability profile of resmetirom, and we remain on track for topline data from the pivotal MAESTRO-NASH biopsy study in the fourth quarter. These studies are intended to serve as the foundation for a new drug application filing for resmetirom in the noncirrhotic NASH population in the first half of next year.”
Remy Sukhija, Chief Commercial Officer of Madrigal, added, “As we continue to lay the foundation for a potential first-to-market launch in the U.S., our engagement with key stakeholders has accelerated in recent months. In June we launched the ‘NASH Explored’ disease education campaign for healthcare providers and announced expanded partnerships with key patient advocacy groups. Additionally, our Market Access and Medical Affairs teams have conducted NASH disease education sessions with payers that together account for more than 80% of all branded prescriptions in the U.S. All stakeholder groups recognize the serious unmet need for approved therapies to treat NASH with liver fibrosis and extensive market research has reinforced our confidence in the commercial potential of resmetirom.”
Financial Results for the Six Months Ended June 30, 2022
As of June 30, 2022, Madrigal had cash, cash equivalents and marketable securities of $211.8 million, compared to $270.3 million at December 31, 2021. The decrease in cash and marketable securities resulted primarily from cash used in operations of $107.3 million, partially offset by the capital raised under the Loan Facility (“Loan Facility”) with Hercules Capital, Inc. (“Hercules”).
Operating expenses were $70.3 million and $127.9 million for the three month and six month periods ended June 30, 2022, compared to $61.7 million and $114.7 million in the comparable prior year periods.
Research and development expenses for the three and six month periods ended June 30, 2022 were $58.5 million and $106.4 million, compared to $51.6 million and $97.4 million in the comparable prior year periods. The increase is attributable primarily to additional activities related to the Phase 3 clinical trials, and an increase in head count.
General and administrative expenses for the three and six month periods ended June 30, 2022 were $11.8 million and $21.4 million, compared to $10.1 million and $17.3 million in the comparable prior year periods. The increase is due primarily to increases in commercial preparation activities, including an increase in headcount and an increase in non-cash stock compensation.
Interest income for the three and six month periods ended June 30, 2022 was $0.3 million and $0.4 million, compared to $0.1 million and $0.3 million in the comparable prior year periods. The increase in interest income was due primarily to a higher average interest rates in 2022.
Interest expense for the three and six month periods ended June 30, 2022 was $0.8 million and $0.8 million, compared to $0 million and $0 million in the comparable prior year periods. The increase in interest expense was as a result of the Loan Facility we entered with Hercules.
About the Resmetirom Phase 3 Registration Program for the Treatment of NASH
Madrigal is currently conducting two Phase 3 clinical trials, MAESTRO-NASH and MAESTRO-NAFLD-1, to demonstrate the safety and efficacy of resmetirom for the treatment of NASH.
MAESTRO-NASH is a multicenter, randomized, double-blind, placebo-controlled Phase 3 study of resmetirom in patients with liver biopsy-confirmed NASH and was initiated in March 2019. The study targeted enrollment of 900 patients with biopsy-proven NASH (fibrosis stage 2 or 3, at least 450 fibrosis stage 3), randomized 1:1:1 to receive once-daily resmetirom 80 mg, resmetirom 100 mg, or placebo. After 52 weeks of treatment, a second biopsy is performed. The dual primary surrogate endpoints on biopsy are NASH resolution with ≥2-point reduction in NAS (NAFLD Activity Score), and with no worsening of fibrosis OR a 1-point decrease in fibrosis with no worsening of NASH. Either primary endpoint can be achieved for a successful trial outcome. A key secondary endpoint is lowering of LDL-C. The planned target enrollment was announced as completed on June 30, 2021.
The first 900 patients in the MAESTRO-NASH study will continue on therapy after the initial 52-week treatment period; up to another 1,100 patients are to be added using the same randomization plan. The study is expected to continue for up to 54 months to accrue and measure hepatic clinical outcome events including progression to cirrhosis on biopsy (52 weeks and 54 months) and hepatic decompensation events.
MAESTRO-NAFLD-1 was initiated in December 2019 and the 52-week multicenter, randomized, placebo-controlled Phase 3 study of resmetirom in over 1,200 patients with NAFLD, presumed NASH, has completed the double-blind arms and an open-label 100 mg arm. An additional open-label active treatment arm in patients with early (well-compensated) NASH cirrhosis is ongoing. The primary endpoint is to evaluate the safety and tolerability of resmetirom. An open-label extension study (MAESTRO-NAFLD-OLE) is ongoing.
Patients in the 52-week phase of MAESTRO-NAFLD-1 were randomized 1:1:1:1 to receive once-daily resmetirom 80 mg, resmetirom 100 mg, placebo in double-blind arms or resmetirom 100 mg in an open-label arm. MAESTRO-NAFLD-1 (unlike MAESTRO-NASH), did not include a liver biopsy and represents a “real-life” NASH study. Patients with 3 metabolic risk factors were documented with NASH or NAFLD by historical liver biopsy or noninvasive techniques. Using noninvasive measures, MAESTRO-NAFLD-1 was designed to provide incremental safety information to support the NASH indication as well as provide additional data regarding clinically relevant key secondary efficacy endpoints to better characterize the potential clinical benefits of resmetirom on cardiovascular- and liver-related endpoints. These key secondary endpoints included LDL-C, apolipoprotein B, and triglyceride lowering; and reduction of liver fat as determined by MRI-PDFF. Additional secondary and exploratory endpoints were assessed including reduction in liver enzymes, FibroScan, and MRE scores and other NASH biomarkers.
Data from the 52-week portion of MAESTRO-NASH, together with data from MAESTRO-NAFLD-1 and other data, including safety parameters, will form the basis for a potential subpart H submission to FDA for accelerated approval of resmetirom for treatment of NASH.
In May 2022, Madrigal announced plans to expand the resmetirom development program by initiating MAESTRO-NASH Outcomes, a randomized double-blind placebo-controlled study in approximately 700 patients with early NASH cirrhosis to allow for noninvasive monitoring of progression to liver decompensation events. A positive outcome is expected to support the full approval of resmetirom for noncirrhotic NASH, potentially accelerating the timeline to full approval. In addition, this study has the potential to broaden the label for resmetirom to include NASH patients with compensated cirrhosis.
About Madrigal Pharmaceuticals
Madrigal Pharmaceuticals, Inc. (Nasdaq: MDGL) is a clinical-stage biopharmaceutical company pursuing novel therapeutics for nonalcoholic steatohepatitis (NASH), a liver disease with high unmet medical need. Madrigal’s lead candidate, resmetirom, is a once daily, oral, thyroid hormone receptor (THR)-β selective agonist designed to target key underlying causes of NASH in the liver. Resmetirom is currently being evaluated in two Phase 3 clinical studies (MAESTRO-NASH and MAESTRO-NAFLD-1) designed to demonstrate multiple benefits in patients with NASH. For more information, visit www.madrigalpharma.com.
Forward Looking Statements
This communication includes “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that are based on our beliefs and assumptions and on information currently available to us, but are subject to factors beyond our control. Forward-looking statements include but are not limited to statements or references concerning: anticipated or estimated future results, including the risks and uncertainties associated with our future operating performance and financial position; our possible or assumed future results of operations and expenses, business strategies and plan (including ex-US. Launch/partnering plans), including incurrence of indebtedness and compliance with debt covenants under the Loan and Security Agreement with Hercules Capital, Inc., as agent and lender, market trends, market sizing, competitive position, industry environment and potential growth opportunities, among other things; our ability to delay certain research activities and related clinical expenses as necessary; our clinical trials, including the anticipated timing of disclosure, presentations of data from, or outcomes from our trials; research and development activities, and the timing and results associated with the future development of our lead product candidate, resmetirom (formerly known as MGL-3196), including projected market size, sector leadership, and patient treatment estimates for NASH and NAFLD patients; the timing and completion of projected future clinical milestone events, including enrollment, additional studies, top-line data and open label projections; plans, objectives and timing for making a Subpart H (Accelerated Approval of New Drugs for Serious or Life-Threatening Illnesses) submission to FDA; projections or objectives for obtaining accelerated or full approval for resmetirom for noncirrhotic NASH patients with compensated cirrhosis; our primary and key secondary study endpoints for resmetirom and the potential for achieving such endpoints and projections, including NASH resolution, safety, fibrosis treatment, cardiovascular effects, and lipid treatment with resmetirom; optimal dosing levels for resmetirom and projections regarding potential NASH or NAFLD and potential patient benefits with resmetirom, including future NASH resolution, safety, fibrosis treatment, cardiovascular effects, lipid treatment, and/or biomarker effects with resmetirom; the potential efficacy and safety of resmetirom for noncirrhotic NASH patients and cirrhotic NASH patients; the potential for resmetirom to become the best-in-class and/or first-to-market treatment option for patients with NASH and liver fibrosis; anticipated or estimated future results of operations and expenses as we expand our resmetirom clinical development program and our commercial development program; ex-U.S. launch/partnering plans; the ability to develop clinical evidence demonstrating the utility of noninvasive tools and techniques to screen and diagnose NASH and/or NAFLD patients; the predictive power of liver fat reduction with resmetirom, as measured by noninvasive tests, on NASH resolution and/or fibrosis reduction or improvement, and potential NASH or NAFLD patient risk profile benefits with resmetirom; the predictive power of liver fat, liver volume changes or MAST scores for NASH and/or NAFLD patients; the predictive power of NASH resolution and/or liver fibrosis reduction or improvement with resmetirom using noninvasive tests, including the use of ELF, FibroScan, MRE and/or MRI-PDFF; the predictive power of noninvasive tests generally, including for purposes of diagnosing NASH, monitoring patient response to resmetirom, or recruiting and conducting a NASH clinical trial; market demand for and acceptance of our products; research, development and commercialization of new products; obtaining and maintaining regulatory approvals, including, but not limited to, potential regulatory delays or rejections; risks associated with meeting the objectives of our clinical studies, including, but not limited to our ability to achieve enrollment objectives concerning patient numbers (including an adequate safety database), outcomes objectives and/or timing objectives for our studies, any delays or failures in enrollment, the occurrence of adverse safety events, and the risks of successfully conducting trials that are substantially larger, and have patients with different disease states, than our past trials; risks related to the effects of resmetirom’ s mechanism of action and our ability to accomplish our business and business development objectives and realize the anticipated benefit of any such transactions; the achievement of enrollment objectives concerning patient number, safety database and/or timing for our studies; and assumptions underlying any of the foregoing.
Forward-looking statements reflect management’s current knowledge, assumptions, judgment and expectations regarding future performance or events; include all statements that are not historical facts; and can be identified by terms such as “accelerate,” “achieve,” “allow,” “anticipates,” “appear,” “be,” “believes,” “can,” “continue,” “could,” “demonstrates,” ”design,” “estimates,” “expectation,” “expects,” “forecasts,” “future,” “goal,” “help,” “hopeful,” “inform,” inform,” “intended,” “intends,” “may,” “might,” “on track,” “planned,” “planning,” “plans,” “positions,” “potential,” “powers,” “predicts,” ”predictive,” “projects,” “seeks,” “should,” “will,” “will achieve,” “will be,” “would” or similar expressions and the negatives of those terms.
Forward-looking statements are subject to a number of risks and uncertainties including, but not limited to: our clinical development of resmetirom; enrollment and trial conclusion uncertainties, generally and in relation to COVID-19 related measures and individual precautionary measures that may be implemented or continued for an uncertain period of time; our potential inability to raise sufficient capital to fund our ongoing operations as currently planned or to obtain financings on terms similar to those we have arranged in the past; our ability to service our indebtedness and otherwise comply with our debt covenants; outcomes or trends from competitive studies; future topline data timing or results; the risks of achieving potential benefits in studies that includes substantially more patients, and patients with different disease states, than our prior studies; limitations associated with early stage or non-placebo controlled study data; the timing and outcomes of clinical studies of resmetirom; and the uncertainties inherent in clinical testing. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. Madrigal undertakes no obligation to update any forward-looking statements to reflect new information, events or circumstances after the date they are made, or to reflect the occurrence of unanticipated events. Please refer to Madrigal’s submissions filed or furnished with the U.S. Securities and Exchange Commission for more detailed information regarding these risks and uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. We specifically discuss these risks and uncertainties in greater detail in the section appearing in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on February 25, 2022, as updated by the risk factors discussed in Part II, Item 1A of the Quarterly Report on Form 10-Q filed with the SEC on May 9, 2022, as well as in our other filings with the SEC.
Investor Contact
Alex Howarth, Madrigal Pharmaceuticals, Inc., IR@madrigalpharma.com
Media Contacts
Christopher Frates, Madrigal Pharmaceuticals, Inc., media@madrigalpharma.com
(Tables follow) | https://www.globenewswire.com/news-release/2022/08/04/2492322/0/en/Madrigal-Pharmaceuticals-Provides-Clinical-and-Business-Updates-and-Reports-2022-Second-Quarter-Financial-Results.html | 2022-08-04T12:24:49Z | https://www.globenewswire.com/news-release/2022/08/04/2492322/0/en/Madrigal-Pharmaceuticals-Provides-Clinical-and-Business-Updates-and-Reports-2022-Second-Quarter-Financial-Results.html | false | 5 |
Conference Call to be held on Thursday, August 11, 2022 at 8:30 a.m. Eastern Time
ROUND ROCK, TX, Aug. 04, 2022 (GLOBE NEWSWIRE) -- AYRO, Inc. (Nasdaq: AYRO) (“AYRO” or the “Company”), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro mobility, and last-mile delivery, announces that it will report second quarter 2022 financial results on Thursday, August 11, 2022 before the market open.
AYRO management will also host a conference call at 8:30 a.m. ET on Thursday, August 11, 2022 to review financial results and provide an update on corporate developments. Following management’s formal remarks, there will be a question-and-answer session.
To listen to the conference call, interested parties within the U.S. should dial 1-833-953-2436 (domestic) or 1-412-317-5765 (international). All callers should dial in approximately 10 minutes prior to the scheduled start time and ask to be joined into the AYRO, Inc. conference call.
The conference call will also be available through a live webcast that can be accessed at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=GE76P7cF
or via the Company’s website at https://ir.ayro.com/news-events/ir-calendar.
The webcast replay will be available until November 11, 2022 and can be accessed through the above links. A telephonic replay will be available until August 25, 2022 by calling 1-877-344-7529 (domestic) or 1-412-317-0088 (international) and using access code 1049292.
About AYRO, Inc.
Texas-based AYRO, Inc. designs and produces all-electric, purpose-built vehicles that are powered by technology and usable by anyone. Driven by insight gained from partners, customers, and research, AYRO delivers profitable and sustainable e-delivery solutions that empower organizations to enable sustainable fleets that extend both their brand value and exceptional user experience throughout the delivery process. Founded in 2017 by entrepreneurs, investors, and executives with a passion for creating sustainable electric vehicle solutions, AYRO is focused on adaptable, eco-friendly solutions that can impact change in campus, micro distribution, micro mobility and last-mile delivery. For more information, visit: www.ayro.com.
For investor inquiries:
CORE IR
investors@ayro.com
516-222-2560 | https://www.globenewswire.com/news-release/2022/08/04/2492334/0/en/AYRO-to-Report-Second-Quarter-2022-Financial-Results-on-August-11-2022-and-Provide-Corporate-Update.html | 2022-08-04T12:25:50Z | https://www.globenewswire.com/news-release/2022/08/04/2492334/0/en/AYRO-to-Report-Second-Quarter-2022-Financial-Results-on-August-11-2022-and-Provide-Corporate-Update.html | false | 4 |
ATLANTA (AP) _ IntercontinentalExchange Group Inc. (ICE) on Thursday reported second-quarter profit of $555 million.
On a per-share basis, the Atlanta-based company said it had profit of 99 cents. Earnings, adjusted for one-time gains and costs, were $1.32 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The owner of the New York Stock Exchange and other stock markets posted revenue of $2.41 billion in the period. Its adjusted revenue was $1.81 billion, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $1.8 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICE at https://www.zacks.com/ap/ICE | https://www.timesunion.com/business/article/ICE-Q2-Earnings-Snapshot-17350749.php | 2022-08-04T12:26:35Z | https://www.timesunion.com/business/article/ICE-Q2-Earnings-Snapshot-17350749.php | false | null |
CHICAGO, Aug. 4, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it plans to further expand its cryptocurrency derivatives offering with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.
Designed to match their U.S. dollar-denominated counterparts, Bitcoin Euro and Ether Euro futures contracts will be sized at five bitcoin and 50 ether per contract. These new contracts will be cash-settled, based on the CME CF Bitcoin-Euro Reference Rate and CME CF Ether-Euro Reference Rate, which serve as once-a-day reference rates of the euro-denominated price of bitcoin and ether. These new futures contracts will be listed on and subject to the rules of CME.
"Ongoing uncertainty in cryptocurrency markets, along with the robust growth and deep liquidity of our existing Bitcoin and Ether futures, is creating increased demand for risk management solutions by institutional investors outside the U.S. Our Bitcoin Euro and Ether Euro futures contracts will provide clients with more precise tools to trade and hedge exposure to the two largest cryptocurrencies by market cap," said Tim McCourt, Global Head of Equity and FX Products, CME Group. "Euro-denominated cryptocurrencies are the second highest traded fiat behind the U.S. dollar. Year-to-date, the EMEA region represents 28% of total Bitcoin and Ether futures contracts traded, up more than 5% versus 2021."
"The launch of euro-denominated Bitcoin and Ether futures from CME Group will help meet the growing demand for regulated and robust, non-USD crypto derivatives," said Edmond Goh, Head of Trading at B2C2. "As the premier OTC counterparty, we look forward to continuing to provide liquid markets in this important asset class."
"TP ICAP is excited to support another market-defining cryptoasset product from CME Group. Our Digital Assets business has been operational and brokering CME Group cryptoassets since the start of 2020, originally in London, followed by expansion to the U.S. in 2021 and, most recently, in APAC via Hong Kong and Singapore," said Sam Newman, Digital Assets Head of Brokering at TP ICAP. "Interest in cryptoassets has seen huge growth, and these new euro-denominated futures contracts will help further expand the accessibility and utility of cryptoasset derivatives, particularly within Europe."
CME Group's Cryptocurrency product suite continues to provide consistent liquidity, volume, and open interest for clients seeking to hedge their risk or gain exposure to the asset class. Q2 was a record quarter in terms of average daily open interest (106.2K contracts) and was the second highest quarter ever in terms of average daily volume (57.4K contracts) across all Cryptocurrency products. In addition, Ether futures achieved a record average daily volume of 6.6K contracts in Q2, up more than 27% versus Q1.
For more information on this product, please visit https://www.cmegroup.com/cryptocurrencies#explore-our-cryptocurrency-products.
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
CME-G
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SOURCE CME Group | https://www.wdtv.com/prnewswire/2022/08/04/cme-group-launch-euro-denominated-bitcoin-ether-futures-august-29/ | 2022-08-04T12:27:19Z | https://www.wdtv.com/prnewswire/2022/08/04/cme-group-launch-euro-denominated-bitcoin-ether-futures-august-29/ | false | 12 |
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https://middleeasy.com/ | https://www.newsbreak.com/news/2689683876450/video-mma-fighter-s-nose-gets-rearranged-later-put-back-into-place | 2022-08-04T12:29:24Z | https://www.newsbreak.com/news/2689683876450/video-mma-fighter-s-nose-gets-rearranged-later-put-back-into-place | true | 1 |
Football started for El Campo football players early Monday morning out at Ricebird Stadium.
Players cinched their bright red helmets tightly and the Ricebird varsity and sub-varsity players went through their drills as the sun was still climbing above the horizon.
After some stretching, players went through some offensive drills, individual positional work and then defensive drills. Following practice, the Ricebirds closed the first day with 100 yards sprints running over and back across the width of the football field.
“I think everyone was excited and ready to get back out there,” senior quarterback Brock Rod said. “We were all ready. We prepared all offseason and were ready to hit (the ground) running.”
Throughout the summer, El Campo athletes packed the fields to work out and get ready for Monday, day one. El Campo high school boys showed strong numbers during the offseason workouts.
“Most people came up here (in the summer, we’re) ready to win. (We’re) ready to compete,” Rod said. “(The workouts) helped us build strength for the team and build (a bond).”
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El Campo’s full pads practice will be at Ricebird Stadium on Saturday, varsity will go at 8 a.m. and junior varsity and freshmen will follow 45 minutes later. | http://www.leader-news.com/sports/article_e8d2b3da-1359-11ed-8bdc-a79460c09c14.html | 2022-08-04T12:31:09Z | http://www.leader-news.com/sports/article_e8d2b3da-1359-11ed-8bdc-a79460c09c14.html | true | 1 |
ST. LOUIS, Aug. 4, 2022 /PRNewswire/ -- Spire Inc. (NYSE: SR) today reported results for its fiscal 2022 third quarter ended June 30. Highlights include:
- Net loss of $1.4 million ($0.10 per diluted share) compared to net income of $5.3 million, or $0.03 per share in the prior year
- Net economic earnings* of $4.1 million, or $0.01 per share, down from $6.9 million, or $0.06 per share a year ago
- Results reflect a shift in Missouri utility earnings (from summer to winter) combined with improved Spire Marketing results
- We reaffirm our long-term growth and capital investment targets as well as FY22 earnings guidance
"We achieved another quarter of financial performance and capital investment that keeps us on pace with the expectations we set for the full year. We continued the important work of upgrading our infrastructure to make our system safer, more reliable and environmentally sustainable. We also further deployed technology, including ultrasonic meters, to improve our service operations and deliver on improved experience for the 1.7 million homes and business we serve," said Suzanne Sitherwood, president and chief executive officer of Spire. "We continued to progress on a number of regulatory matters, including our Missouri rate case and the recertification process for the Spire STL Pipeline, both well underway."
We reported a consolidated net loss of $1.4 million ($0.10 per diluted share), compared to prior year net income of $5.3 million ($0.03 per share). Current year net economic earnings (NEE) were $4.1 million ($0.01 per share), compared to $6.9 million ($0.06 per share) last year, reflecting lower seasonal results from Gas Utility operations partially offset by better performance by Gas Marketing.
Gas Utility
The Gas Utility segment includes the regulated distribution operations of our five gas utilities across Alabama, Mississippi and Missouri. Gas Utility reported NEE of $4.2 million, compared to $12.3 million in the prior year. The $8.1 million decrease reflects a shift in the cadence of regulatory recovery in Missouri to the first two quarters of our fiscal year with an impact of approximately $6 million, as well as higher depreciation and property tax expenses tied to our pipeline upgrade investments.
Contribution margin increased $5.8 million from the prior year, due to net favorable regulatory adjustments at Spire Alabama and slightly higher margins at Spire Missouri net of the timing shift mentioned above.
Operation and maintenance (O&M) expenses of $95.0 million were $8.2 million lower than a year ago, or $3.8 million lower after removing a $4.4 million non-service cost transfer to other income (no earnings impact) largely reflecting lower employee-related costs.
Depreciation and amortization expense increased by $7.2 million from last year, reflecting increased capital investment in our gas utilities. Property taxes increased by $5.6 million reflecting infrastructure upgrades. Results also include unrealized losses on investments related to employee benefit plans.
Gas Marketing
The Gas Marketing segment includes the results of Spire Marketing, which provides natural gas marketing services throughout the United States. NEE, which excludes mark-to-market and other fair value adjustments, was $0.4 million, compared to a loss of $5.2 million in the prior year. The improvement reflects greater value creation from asset optimization, reflecting commodity price volatility and demand, as well as the absence of post-Uri costs incurred last year.
Other
Results of midstream operations and corporate costs on a NEE basis totaled a $0.5 million loss this quarter, comparable to last year.
For the first nine months of fiscal 2022, we reported consolidated net income of $227.9 million ($4.16 per diluted share) compared to $281.6 million ($5.23 per share) for the prior year. NEE for the nine months ended June 30, 2022 was $247.7 million ($4.54 per share), down from $279.4 million ($5.18 per share) a year ago. Higher results in the prior year reflected the favorable impacts of Winter Storm Uri primarily in our fiscal second quarter last year.
Gas Utility
For the first nine months of fiscal 2022, the Gas Utility segment reported NEE of $240.6 million, down from $248.4 million a year ago, reflecting higher depreciation and property tax expenses that more than offset higher contribution margin and lower O&M.
Year-to-date segment contribution margin increased by $22.9 million, largely due to new rates at Spire Missouri as well as a rate adjustment for Spire Alabama. These positive impacts were partially offset by lower usage and lower off-system sales and capacity release, due to the extreme weather associated with Winter Storm Uri a year ago.
O&M expenses, as reported, decreased by $3.7 million compared to the prior-year period, reflecting a $9.0 million prior-year benefit related to pension expense from the Missouri Supreme Court ruling that partially reversed a 2018 rate case pension disallowance, and $5.7 million in non-service cost transfer to other income. Excluding those items, O&M expenses were lower by $7.0 million due to lower operations and employee-related costs as well as lower bad debt expense.
Depreciation and amortization rose by $20.2 million reflecting capital investment across our utilities. Property taxes increased by $11.3 million reflecting infrastructure upgrades.
Gas Marketing
NEE was $15.3 million in the first nine months of fiscal 2022, down from $37.9 million in the prior-year period. Last year's results benefited from the value created due to extreme weather associated with Winter Storm Uri.
Other
On an NEE basis, year-to-date midstream operations and corporate costs were a loss of $8.2 million, compared to a loss of $6.9 million in the prior-year period, reflecting an improved contribution from Spire Storage offset by higher corporate costs.
Regulatory update
Missouri
As previously reported, Spire Missouri filed a new general rate case on April 1, 2022, seeking full recovery of its updated cost of service, deferred overhead costs, and increased capital investment, as well as a fair and reasonable rate of return. The filing requested a $152 million revenue increase, reflecting a $3.4 billion rate base and a rate of return based on a requested return on equity of 10.5% and a 55% equity capitalization.
The Missouri Public Service Commission (MoPSC) issued a procedural schedule in the case on May 18. Filing of testimony by third parties will occur on August 31 and September 9, 2022.
On June 3, 2022, Spire Missouri filed with the MoPSC a request for $11.9 million in additional Infrastructure System Replacement Surcharge (ISRS) revenues, reflecting infrastructure upgrade investment January 1–June 30, 2022.
Spire STL Pipeline
Spire STL Pipeline continues to operate under a temporary certificate while the Federal Energy Regulatory Commission (FERC) considers approval of a new permanent certificate under a court-ordered remand. As part of the remand, FERC planned to prepare an Environmental Impact Statement (EIS) on Spire STL Pipeline. FERC staff issued a positive EIS on June 16, 2022.
On May 27, 2022, the staff of the MoPSC issued its report following a prudency review of Spire STL Pipeline, concluding that the decision to build the pipeline was reasonable and prudent. This report was filed with FERC in support of the ongoing certificate review.
Balance Sheets and Cash Flow
For the third quarter of fiscal 2022, we maintained a solid capital structure and ample liquidity. Short-term borrowings outstanding at June 30, 2022, were $709.2 million, up from $672.0 million at fiscal 2021 year end and from $461.0 million a year ago, reflecting higher seasonal borrowing levels and deferred gas cost balances. We retain capacity in our revolving credit facility and related commercial paper program to meet our liquidity needs. On July 22, 2022, Spire renewed its revolving credit facility, expanding its capacity to $1.3 billion and extending it through July 2027.
Net cash provided by operating activities was $204.6 million for the nine months ended June 30, 2022, down $16.0 million from the comparable period a year ago. The decrease reflects lower net income from Spire Marketing due to Winter Storm Uri in the prior year that was largely offset by higher recovery of deferred gas costs.
Capital expenditures for the first nine months of fiscal 2022 were $402.5 million, down from $463.2 million reflecting an approximate $43 million decrease in capital investment at our gas utilities and $17 million lower spend at Spire Storage and Spire STL Pipeline, as planned.
For additional details on Spire's results for the third quarter of fiscal 2022, please see the accompanying unaudited Condensed Consolidated Statements of Income, Balance Sheets, and Statements of Cash Flows.
Guidance and Outlook
We remain confident in our long-term ability to grow NEE per share 5–7% given our growth strategy, expectations of reasonable regulatory outcomes, and planned capital investment in infrastructure upgrades, innovation and new business.
Our targeted capital investment for the 5-year period through fiscal 2026 remains $3.1 billion, and this level of investments is anticipated to drive 7–8% rate base growth for our utilities. Expected capital expenditures for fiscal 2022 remain $540 million.
We reaffirm our fiscal 2022 NEE guidance range of $3.75 – $3.95 per share.
Dividends
The Spire board of directors has declared a quarterly common stock dividend of $0.685 per share, payable October 4, 2022, to shareholders of record on September 12, 2022. We have continuously paid a cash common stock dividend since 1946, with 2022 marking the 19th consecutive year of increasing dividends on an annualized basis.
The board also declared the regular quarterly dividend of $0.36875 per depositary share on Spire's 5.90% Series A Cumulative Redeemable Preferred Stock payable November 15, 2022, to holders of record on October 25, 2022.
Conference Call and Webcast
Spire will host a conference call and webcast today to discuss its fiscal 2022 third quarter financial results. To access the call, please dial the applicable number approximately 5-10 minutes in advance.
The webcast can be accessed at Investors.SpireEnergy.com under Events & presentations. A replay of the call will be available at 2 p.m. CT (3 p.m. ET) on August 4 until September 6, 2022, by dialing 877-344-7529 (U.S.), 855-669-9658 (Canada), or 412-317-0088 (international). The replay access code is 1991035.
About Spire
At Spire Inc. (NYSE: SR) we believe energy exists to help make people's lives better. It's a simple idea, but one that's at the heart of our company. Every day we serve 1.7 million homes and businesses making us the fifth largest publicly traded natural gas company in the country. We help families and business owners fuel their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses include Spire Marketing, Spire STL Pipeline and Spire Storage. We are committed to transforming our business through growing organically, investing in infrastructure, and advancing through innovation. Learn more at SpireEnergy.com.
Forward-Looking Information and Non-GAAP Measures
This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Spire's future operating results may be affected by various uncertainties and risk factors, many of which are beyond the Company's control, including weather conditions, economic factors, the competitive environment, governmental and regulatory policy and action, and risks associated with acquisitions. More complete descriptions and listings of these uncertainties and risk factors can be found in the Company's annual (Form 10-K) filing with the Securities and Exchange Commission.
This news release includes the non-GAAP financial measures of "net economic earnings," "net economic earnings per share," and "contribution margin." Management also uses these non-GAAP measures internally when evaluating the Company's performance and results of operations. Net economic earnings exclude from net income, as applicable, the impacts of fair value accounting and timing adjustments associated with energy-related transactions, the impacts of acquisition, divestiture and restructuring activities and the largely non-cash impacts of impairments and other non-recurring or unusual items such as certain regulatory, legislative, or GAAP standard-setting actions. The fair value and timing adjustments, which primarily impact the Gas Marketing segment, include net unrealized gains and losses on energy-related derivatives resulting from the current changes in the fair value of financial and physical transactions prior to their completion and settlement, lower of cost or market inventory adjustments, and realized gains and losses on economic hedges prior to the sale of the physical commodity. Management believes that excluding these items provides a useful representation of the economic impact of actual settled transactions and overall results of ongoing operations. Contribution margin adjusts revenues to remove the costs that are directly passed on to customers and collected through revenues, which are the wholesale cost of natural gas and gross receipts taxes. These internal non-GAAP operating metrics should not be considered as an alternative to, or more meaningful than, GAAP measures such as operating income, net income, or earnings per share.
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MADISON, Wis. (AP) — As Wisconsin's longest-serving Assembly speaker, Republican Robin Vos has presided over efforts to restrict abortions, weaken unions, expand gun rights and push back against COVID-19 mandates. Despite that, he's facing a primary challenger who claims he's not conservative enough.
The challenger's argument: Vos should do more to respond to former President Donald Trump's unfounded allegations of fraud in the 2020 election.
Primary challengers like the one facing Vos next Tuesday have been successfully targeting incumbent state lawmakers across the country, and Republicans are taking the brunt of it.
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With more than half the state legislative primaries concluded, Republican incumbents this year have been losing at nearly twice the average rate of the past decade, according to data compiled for The Associated Press by the election tracking organization Ballotpedia. The primary loss rate for Democratic state lawmakers is similar to previous elections.
The Republican losses continued to mount Tuesday, as Trump-endorsed candidates ousted incumbent state senators in Arizona and Michigan and a conservative challenger beat the assistant majority leader of the Missouri Senate. Though not technically an incumbent, Arizona House Speaker Rusty Bowers also lost a bid for state Senate after being criticized for refusing to help Trump's efforts to overturn the 2020 election.
In many cases, Republican lawmakers are being defeated by challengers portraying themselves as more conservative on election integrity, transgender policies, school instruction and other hot-button issues.
“We have a far-right faction that is very dissatisfied with what’s happening on the left. So if you are not rabidly a fanatic that just punches every button, then you’re going to have an issue,” said Arkansas state Rep. Craig Christiansen, who lost in a Republican primary earlier this year.
Though Christiansen considers himself “very conservative,” he drew multiple challengers and failed to advance to a runoff. That came after he voted against overriding Republican Gov. Asa Hutchinson's veto of legislation making Arkansas the first state banning gender-confirming treatments for those younger than 18. Christiansen said he considered the legislation unconstitutional, because it lacked an exception for youths already undergoing such treatments.
Vos, who has served as Wisconsin Assembly speaker since 2013, has taken sharp criticism for not pursuing a resolution decertifying Democrat Joe Biden’s victory in the state. Trump endorsed his Republican challenger, Adam Steen, saying that “Vos refused to do anything to right the wrongs that were done” in the 2020 election.
Under pressure from Trump, Vos hired former state Supreme Court Justice Michael Gableman last year to investigate the election. Gableman said decertifying the election was “a practical impossibility.”
Steen said he decided to challenge Vos because he failed to pass legislation outlawing absentee ballot drop boxes ahead of the 2020 election and hasn’t pushed for tougher consequences for voter fraud, among other things.
“Conservatism as a whole has been lethargic,” Steen said. “We lack vision, and I think that vision is coming back.”
Vos said Steen is running on hyperbole. He said Gov. Tony Evers, a Democrat, poses the real obstacle to conservatives. Evers, for example, vetoed Republican bills that would have made it harder to vote absentee.
"If we don’t get a Republican governor, (Steen) would have less success than I had,” Vos said.
Vos is one of nine GOP Wisconsin lawmakers facing primaries. Though the challengers face an uphill fight, they could push the already conservative Legislature even further right if they notch a few victories. That would mark a significant shift in a state that plays a crucial role in national elections.
Twenty-seven states had held legislative primaries or conventions before Tuesday. In those, at least 110 Republican incumbents and 33 Democrats had been defeated. The Republican loss rate of 7.1% far exceeds the Democratic rate of 2.8%. It also significantly exceeds the 3.6% average Republican incumbent loss rate over the previous decade in those states, as well as the 4.4% Republican loss rate in those states during the last redistricting election cycle in 2012.
Idaho voters have led the way in ousting Republican incumbents, defeating 18 GOP lawmakers — or 30% of those who sought reelection — even while choosing GOP Gov. Brad Little over a Trump-backed challenger who claimed he wasn't conservative enough. The losers included three lawmakers representing Kootenai County in northern Idaho, where a local Republican committee recommended conservative challengers against some incumbents after a lengthy vetting process.
“People have kind of had it, and they’re willing to get up and vote," said Brent Regan, chair of the Kootenai County Republican Central Committee.
In Iowa, Republican Gov. Kim Reynolds endorsed primary opponents to four GOP state House members who hadn't supported her plan to provide taxpayer-funded scholarships for students to attend private schools. All four incumbents lost, including House Education Committee Chairman Dustin Hite.
Even in some Democratic-dominated states, Republican primary voters have ousted incumbents deemed not conservative enough.
Illinois state Rep. David Welter, one of nine Republican lawmakers booted from the chamber in February for ignoring COVID-19 protocols to wear masks, lost his primary in June to a challenger who claimed Welter wasn't Republican enough. Challenger Jed Davis criticized Welter's votes for the Equal Rights Amendment and a construction bill containing a gas tax hike, among other things.
Davis also derided Welter's connections to U.S. Rep. Adam Kinzinger of Illinois, who became a GOP outcast after voting to impeach Trump and participating in the Democratic-led House panel investigating the Jan. 6, 2021, attack on the U.S. Capitol. Welter once worked for Kinzinger's campaign and received $32,500 in contributions since 2021 from committees associated with Kinzinger.
“People pegged me as more of a moderate," Welter said. "I’m now going to be replaced by somebody who is really, really far to the extreme on the right.”
Welter believes redistricting after the 2020 census also played a role in his defeat by shifting the voters he represented.
In states where partisan officials controlled redistricting, such as Illinois, the maps enacted for the 2022 elections often contained "more and more extreme partisan gerrymanders,” according to a recent analysis by political scientists and data experts.
When legislative districts tilt further right or left, incumbents are more likely to face challengers, and candidates who take more extreme positions are more likely to win, according to an analysis in a forthcoming book by Saint Louis University political scientist Steven Rogers.
Wisconsin's state legislative districts had some of the largest pro-Republican tilts among all states during the past decade and underwent only minor changes before this year's election.
Most of the challengers there are likely to lose, said University of Wisconsin-La Crosse political scientist Anthony Chergosky. But they still could leave their mark by forcing incumbents further right to please the GOP base that votes in primaries.
“We are just experiencing a real scramble for power within the Republican Party right now,” he said. “President Trump is really flexing his muscles in directing activists in the party against people like Robin Vos. Anyone in a position of authority in the Republican Party is a target.”
Lieb reported from Jefferson City, Mo.
Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter at https://twitter.com/ap_politics. | https://siouxcityjournal.com/news/national/govt-and-politics/primaries-bring-big-losses-for-incumbent-gop-state-lawmakers/article_9ab00ec6-a9ad-5753-aec6-cacad3b9e15a.html | 2022-08-04T12:35:42Z | https://siouxcityjournal.com/news/national/govt-and-politics/primaries-bring-big-losses-for-incumbent-gop-state-lawmakers/article_9ab00ec6-a9ad-5753-aec6-cacad3b9e15a.html | false | 50 |
BATTLE CREEK, Mich. (AP) _ Kellogg Co. (K) on Thursday reported second-quarter net income of $326 million.
On a per-share basis, the Battle Creek, Michigan-based company said it had net income of 95 cents. Earnings, adjusted for non-recurring costs, came to $1.18 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.
The maker of Frosted Flakes, Pop Tarts and Eggo waffles posted revenue of $3.86 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $3.64 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 K at https://www.zacks.com/ap/K | https://www.theintelligencer.com/business/article/Kellogg-Q2-Earnings-Snapshot-17350798.php | 2022-08-04T12:38:47Z | https://www.theintelligencer.com/business/article/Kellogg-Q2-Earnings-Snapshot-17350798.php | true | null |
MultiPlan MPLN reported its Q2 earnings results on Thursday, August 4, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
MultiPlan missed estimated earnings by 50.0%, reporting an EPS of $0.02 versus an estimate of $0.04.
Revenue was up $13.86 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 9.76% drop in the share price the next day.
Here's a look at MultiPlan's past performance:
To track all earnings releases for MultiPlan visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Rate collection and criteria: Click here for more information on rate collection and criteria. | https://www.benzinga.com/news/earnings/22/08/28349734/multiplan-q2-earnings-insights | 2022-08-04T12:39:02Z | https://www.benzinga.com/news/earnings/22/08/28349734/multiplan-q2-earnings-insights | true | 1934 |
NEW YORK (AP) _ Paramount Global-B (PARA) on Thursday reported second-quarter earnings of $419 million.
The New York-based company said it had net income of 62 cents per share. Earnings, adjusted for one-time gains and costs, came to 64 cents per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.
The company posted revenue of $7.78 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $7.59 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 PARA at https://www.zacks.com/ap/PARA | https://www.stamfordadvocate.com/business/article/Paramount-Global-B-Q2-Earnings-Snapshot-17350734.php | 2022-08-04T12:39:18Z | https://www.stamfordadvocate.com/business/article/Paramount-Global-B-Q2-Earnings-Snapshot-17350734.php | true | null |
Samsung is all set to announce the Galaxy Z Flip 4 and Fold 4 at an Unpacked event on August 10. Leaks and rumors have already detailed the Korean giant's upcoming foldables, and they are not looking like a massive upgrade over the current-gen models. If you were expecting the Z Flip 4 and Fold 4 would retain the same prices as their predecessor because they will be a minor refresh, you could be in for a surprise. A new leak suggests that Samsung could increase the European pricing of its foldables across the board this year.
Based on the information received by the reliable @OnLeaks, the Galaxy Z Fold 4's pricing could start from €1,799 for the base 256GB variant. The entry-level Galaxy Z Fold 3 carried the same price tag when it first launched in 2021. As for the high-end 512GB model, it will seemingly cost €1,919, making it €20 more expensive than the 512GB Fold 3.
It is the smaller Galaxy Z Flip 4 that's going to see a steeper price increase in Europe. The entry-level model could cost €1109, up from the Z Flip 3's €1,049 MSRP. The 256GB variant will reportedly carry a price tag of €1,169, making it €70 more expensive than the current model. These prices differ slightly from a previous leak that had detailed the Galaxy Z Fold 4 and Flip 4's EU pricing.
If you plan on buying the Galaxy Watch 5, be prepared to shell out more for it as well. The leak suggests Samsung's next smartwatch will have a starting price of €299 for the 40mm variant, with the 44mm model coming in at €329. For comparison, prices for the Galaxy Watch 4 started from €269 and €299, respectively. The Galaxy Watch 5 Pro will be even more expensive, with a rumored starting price of €469. Its 4G model could cost a wallet-busting €499, making it among Samsung's most expensive smartwatches yet.
There's no mention of the US pricing, but that's unlikely to change for the foldables at least. The Galaxy Watch 5 series is likely to be more expensive than the Watch 4, though. Samsung tends to offer hefty discounts and offers during the preorder period. So, if you have already made up your mind about buying any of these devices, make sure to preorder them to get a better deal. If you are in the US, you can reserve the Galaxy Z Fold 4 or Flip 4 to save $200 on them. | https://www.androidpolice.com/samsung-galaxy-z-flip-4-cost-more-than-flip-3/ | 2022-08-04T12:39:52Z | https://www.androidpolice.com/samsung-galaxy-z-flip-4-cost-more-than-flip-3/ | true | 1 |
Chelsea have completed the signing of Carney Chukwuemeka from Aston Villa, the club announced on Thursday.
The London club had earlier confirmed that they had reached an agreement with Villa for the 18-year-old’s permanent transfer to Stamford Bridge.
Thomas Tuchel is continuing to reinforce his squad ahead of the 2022-23 Premier League season, with Chukwuemeka the fourth arrival so far this summer after Raheem Sterling, Kalidou Koulibaly, and Gabriel Slonina.
How much have Chelsea paid for Chukwuemeka?
It is reported that Chelsea have paid £15 million (€17.93m/$18.27m) for his services to Aston Villa, with a further £5 million in add-ons.
What is Chukwuemeka's contract length at Chelsea?
The midfielder has signed a six-year contract that will keep him at Chelsea until 2028.
Who is Chukwuemeka?
The 18-year-old is regarded as one of the brightest talents and played an instrumental part in helping England to achieve glory at the Under-19 European Championship. He even got on the scoresheet in the final against Israel and earned a place in the UEFA Team of the Tournament.
He started his youth career at Northampton Town before switching to Villa at the age of 12. He made his Premier League against Tottenham in May 2021 and a week later secured the FA Youth Cup trophy after beating Liverpool 2-1. He finished the tournament as the top scorer and was named Academy Player of the Season.
To date, he has had 14 Premier League appearances and also became the club's youngest player to have a goal contribution in December’s 2-0 win over Norwich City.
What did Chukwuemeka say after joining Chelsea?
"I’m so excited and just can’t wait to get on the pitch, meet all the players and try to win games and trophies with Chelsea," he said.
"It’s been quite hectic but I couldn’t get Chelsea out of my head the last few days so I’m just happy and relieved that it’s all done." | https://www.goal.com/en-sa/news/chelsea-complete-signing-of-teenage-midfielder-carney-chukuemeka-/blt55c8a4d97abcda95 | 2022-08-04T12:42:13Z | https://www.goal.com/en-sa/news/chelsea-complete-signing-of-teenage-midfielder-carney-chukuemeka-/blt55c8a4d97abcda95 | true | 11 |
Global Powered Storage Devices Market Research Report 2021-2025
Powered storage devices can store energy for a longer duration. The process provides storage of power which results is decline in power generation cost. Powered storage devices also helps in increasing power access and improving the efficiency of power resources. In the context of China-US trade war and COVID-19 epidemic, it will have a big influence on this market. Powered Storage Devices Report by Material, Application, and Geography ? Global Forecast to 2025 is a professional and comprehensive research report on the world?s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).
In this report, the global Powered Storage Devices market is valued at USD XX million in 2021 and is projected to reach USD XX million by the end of 2025, growing at a CAGR of XX% during the period 2021 to 2025.
The report firstly introduced the Powered Storage Devices basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world?s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
Download FREE Sample of this Report @ https://www.statsmarketresearch.com/download-free-sample/6383678/global-powered-storage-devices-2021-2025-809
The major players profiled in this report include:
Alstom
ABB Ltd.
AES Corporation
General Electric
Convergent Energy + Power
Hawaiian Electric Company, Inc.
S&C Electric Company
SEEO, Inc
??
The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
Fuel Cell
Capacitive Powered Storage
Batteries
??
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Powered Storage Devices for each application, including-
Oil and Gas
Energy and Power
Chemicals
??
Table of content
Table of Contents
?
Part I Powered Storage Devices Industry Overview
Chapter One Powered Storage Devices Industry Overview
1.1 Powered Storage Devices Definition
1.2 Powered Storage Devices Classification Analysis
1.2.1 Powered Storage Devices Main Classification Analysis
1.2.2 Powered Storage Devices Main Classification Share Analysis
1.3 Powered Storage Devices Application Analysis
1.3.1 Powered Storage Devices Main Application Analysis
1.3.2 Powered Storage Devices Main Application Share Analysis
1.4 Powered Storage Devices Industry Chain Structure Analysis
1.5 Powered Storage Devices Industry Development Overview
1.5.1 Powered Storage Devices Product History Development Overview
1.5.1 Powered Storage Devices Product Market Development Overview
1.6 Powered Storage Devices Global Market Comparison Analysis
1.6.1 Powered Storage Devices Global Import Market Analysis
1.6.2 Powered Storage Devices Global Export Market Analysis
1.6.3 Powered Storage Devices Global Main Region Market Analysis
1.6.4 Powered Storage Devices Global Market Comparison Analysis
1.6.5 Powered Storage Devices Global Market Development Trend Analysis
Chapter Two Powered Storage Devices Up and Down Stream Industry Analysis
2.1 Upstream Raw Materials Analysis
2.1.1 Proportion of Manufacturing Cost
2.1.2 Manufacturing Cost Structure of Powered Storage Devices Analysis
2.2 Down Stream Market Analysis
2.2.1 Down Stream Market Analysis
2.2.2 Down Stream Demand Analysis
2.2.3 Down Stream Market Trend Analys
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Visit: https://www.statsmarketresearch.com/ | https://galleonnews.com/uncategorized/425937/global-powered-storage-devices-market-research-report-2021-2025/ | 2022-08-04T12:42:51Z | https://galleonnews.com/uncategorized/425937/global-powered-storage-devices-market-research-report-2021-2025/ | true | 463 |
WEST CONSHOHOCKEN, Pa. (AP) _ Madrigal Pharmaceuticals Inc. (MDGL) on Thursday reported a loss of $70.7 million in its second quarter.
The West Conshohocken, Pennsylvania-based company said it had a loss of $4.14 per share.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $3.76 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDGL at https://www.zacks.com/ap/MDGL | https://www.middletownpress.com/business/article/Madrigal-Q2-Earnings-Snapshot-17350836.php | 2022-08-04T12:44:50Z | https://www.middletownpress.com/business/article/Madrigal-Q2-Earnings-Snapshot-17350836.php | false | null |
Immerse yourself in all things nautical at the Southampton International Boat Show 2022. From sailing dinghies to superyachts and everything in between, we’ll see you there on 16-25th September.
Sailing boats of every shape and size will be on display at this year’s Southampton International Boat Show. With many located on the water within Europe’s largest purpose-built show marina, and many more to see on the shore-side displays, it’s the perfect opportunity for visitors to get onboard, compare different makes and models, and get out on the water.
From Small Boats…
Buying a dinghy is often the first stage in a sailor’s career, and there’s plenty of choice at the show with Hartley Boats and Fusion Sailboats, and RS Sailing showing 11 models including the debut of the RS Toura and new 6m rig RS Aero. Topper International also has over 11 dinghies on show with its iconic Topper and Topaz catamaran range, ensuring plenty of choice of multi-purpose sailing dinghies suitable for all abilities. Whether looking for a stable dinghy to learn in, a safe craft for the children, something for fun and friendly competition or a highly technical racing machine with spinnaker and trapeze, the show is a great opportunity to chat to the boat builders, designers and class associations to decide which is the best fit for you.
To Blue Water Cruisers…
If sailing around the world floats your boat, then wander along the pontoons and step onboard some of the world’s most prestigious blue water cruisers. Spirit Yachts will be showcasing the Spirit 30 and the Spirit 44, which makes its world debut at the show. While, British-built and renowned for its bluewater long distance sailing abilities, the luxurious new Oyster 495 will be sitting alongside her beautiful big sister, the Oyster 595, on the pontoons and from Ocean Shipyard, the new generation Southerly 42.
The Inspiration Group will be showing eleven different sailing yachts at the show ranging from 30 to 58 feet. This includes the debut of the award-winning Hanse 460, the European Yacht of the Year 2022; the UK debut of the multi-award winning Dehler 30OD and UK debut of the Dehler 46SQ. For those who want a yacht built exclusively to their own specific needs, then Falmouth-based Rustler Yachts offer personal bespoke design and build.
And Everything in Between…
Even if you live a distance away from water, Boats on Wheels may be of interest with the Astus trailable 22.5 trimaran and Viko S1 trailer sailer range of yachts. Also, easy to tow behind vehicles are the range of traditional hand-crafted British-built sailing boats, often with tan sails and wooden spars, which can be found within the classic and dayboat zone. This includes Drascombe’s range of Luggers and Cornish Crabbers showcasing their gaff-rigged Pilot Cutter 30 now with electric auxiliary drive options.
Whilst British-built and designed yachts are prevalent, there is also a strong international presence at the show bringing together yachts from manufacturers worldwide.
Making its show debut is the French-designed and built Dufour 32, alongside the Dufour 390 and larger Dufour 430, whilst Jeanneau will reveal for the first time in the UK the Sun Odyssey 380, alongside Sun Odyssey 410, 440 and 490 with the racy Sun Fast 3300. Also from France, Beneteau yachts will have the UK-debut of the Oceanis 34.1, alongside the Oceanis 30.1. From Sweden, there are the latest in designs from Arcona, Najad and Hallberg-Rassy, with X-Yachts from Denmark, Bavaria yachts from Germany, and Galeon from Poland.
Get on the Water
Don’t forget – if you’re looking to try your hand at sailing – the show’s Try-a-Boat attraction, in partnership with FlexiSail, gives you the chance to get out on the water, completely free of charge and try a wide range of different boats, from 40-foot sailing yachts to classic inshore cruisers and much more. Book your spot on arrival at the show in the booking area located between the Watersports Zone and Dinghy Zone.
For full details of all sailing yachts at the show visit https://www.southamptonboatshow.com/exhibitors/
Buy your tickets
Tickets for the Boat Show can be purchased online at www.southamptonboatshow.com/visitor-information/tickets/
Upgrade your visit with the new and exclusive Quayside Club VIP packages at https://www.southamptonboatshow.com/vip/
The show is open from 10am – 6pm daily except the final Sunday when the show will close at 5pm.
Read More:
Second Leg of Tall Ships Youth Trust Round Britain Tour
RYA will keep teaching on paper charts, following shock UKHO decision | https://www.sailingtoday.co.uk/event-news/set-sail-at-the-southampton-international-boat-show-2022/ | 2022-08-04T12:46:58Z | https://www.sailingtoday.co.uk/event-news/set-sail-at-the-southampton-international-boat-show-2022/ | false | 1 |
SEAN TEMBO condemns UPND thugs from Lumbumba Bus Station that attacked the Patriotic Front Party Headquaters on Panganani Road, Light Industrial Area, Lusaka.
-
So these cadres went in the UPND regalia? Why do you always add HH? | https://zambianobserver.com/video-sean-tembo-condemns-upnd-cadres-that-attacked-pf-headquaters/ | 2022-08-04T12:47:43Z | https://zambianobserver.com/video-sean-tembo-condemns-upnd-cadres-that-attacked-pf-headquaters/ | false | null |
Barbara Holst is convinced the chest-high garden at the corner of Mitchell and Granite street is magical.
“This is a healing garden,” she said, gesturing to the garden atop a rock wall. She specifically notes people are facing stress “like never before.”
For her, Jude Somers and Gord More, who tend the inviting Oak Bay space, are the magicians.
The garden is filled at times with sweet peas, shamrocks, clematis, and the ground cover that are More’s forte. He has mosses and a light green, small-leafed plant that boasts little yellow alien-like flowers.
That’s how some items are described, by the mirth or emotion they evoke rather than their traditional names. Informality is part of the allure, Somers figures. The snipping garden also helps, Holst said.
READ ALSO: Ducknana? Banaduck? London Drugs sells quacky deal and takes internet by storm
A herb section immediately accessible to Mitchell Street walkers features a 20-odd year-old sign that says “this is a snipping garden” inviting guests to take some along. Someone swiped the sign one day, so Somers replaced it with another that had a small caveat at the bottom asking that the sign not be stolen. The original quickly reappeared among the herbs.
Somers calls it a performance garden, in part because of its elevation over street level and its prominence near a church and the village. “It is fun because being on the corner all kinds of ages enjoy it,” she said.
Whatever the reason – the garden or gardeners – the spot brings out the characters.
One resident, now moved, made the herb garden a resting point on neighbourhood walks and would stop to chat with the cat, who also seemed to enjoy the exchange.
READ ALSO: Meet Canada’s oldest newest Canadian, John Hillman of Oak Bay
One day, Somers was weeding and a bit hidden when she heard an exchange that still makes her smile. She heard two teen boys walking up the street, and suddenly felt the air of swagger and teen-ness disappear, replaced by boy-like wonder as one shared a childhood memory with the other. The curry plant, he explained to his friend, presumably grabbing a sprig and rolling it between his fingers, smells like curry. He’d been enjoying that scent, in that garden, since childhood.
“It made my heart glow,” Somers said.
The characters have come and gone over the decades for a variety of reasons. One older regular blithely stopped by to warn Somers she was moving – not dead.
A sharing garden developed naturally, Somers said. It was easy, so she did it.
The couple has received cards, small gifts, waves, smiles and even a bottle of wine in thanks for sharing their garden. When people move away from the community or downsize homes, they leave lovely plant pots to help grow the garden – about 100 to date – sometimes with bulbs already planted.
“It’s nice people say thanks and keep picking the herbs, it keeps them healthy,” Somers said.
People frequently ask her “why don’t the deer eat it?” The short answer is sometimes they do, but they do use an Auntie Deer Spray and keep a stack of printouts of the recipe by the front door – the request for it is so frequent.
Auntie Deer Spray
for a 40-ounce bottle
1 strained egg
1/4 cup milk or yogurt
1/4 teaspoon cooking oil
1/4 teaspoon dish soap
10 drops of essential oil (they use cloves but others work)
Mix ingredients and pour into a spray bottle, top with water and go for it.
In rainy season the Oak Bay gardeners suggest spraying every other day, otherwise every few days does the trick.
For more news delivered daily into your inbox, please click here. | https://www.sookenewsmirror.com/community/these-herbs-are-grown-for-snipping-and-oak-bay-guests-sure-do/ | 2022-08-04T12:51:51Z | https://www.sookenewsmirror.com/community/these-herbs-are-grown-for-snipping-and-oak-bay-guests-sure-do/ | false | 3 |
MOSCOW (AP) — A massive fire engulfed a warehouse outside Moscow on Wednesday, killing at least one person, injuring 13 others and leaving two missing, officials said.
The fire, at a warehouse belonging to Russia’s leading online retailer, Ozon, affected an area of 50,000 square meters (540,000 square feet).
Emergencies officials said that one person died in the fire, and Moscow region Gov. Andrei Vorobyov said that two people are unaccounted-for. Officials said that two of the injured were hospitalized.
Huge plumes of black smoke rose into the skies over the area near the town of Istra northwest of Moscow.
Russia’s Emergencies Ministry said 150 firefighters and three fire helicopters were involved in efforts to extinguish the blaze.
The authorities haven’t said what triggered the fire, but RIA-Novosti news agency reported that investigators were looking at arson as the most likely cause. | https://www.wpri.com/news/us-and-world/large-fire-erupts-at-warehouse-outside-moscow-11-injured/ | 2022-08-04T12:52:05Z | https://www.wpri.com/news/us-and-world/large-fire-erupts-at-warehouse-outside-moscow-11-injured/ | true | null |
An abandoned lunch box in Delhi’s Rohini triggered a bomb scare in the area, with anxious locals calling in the authorities. However, nothing suspicious has been found, the police said.
The box was spotted by the locals next to a car parked at Rohini's DC Chowk market.
The police were soon at the spot with a dog squad, a bomb disposal squad and fire teams. The surrounding area was promptly evacuated by them.
The area was sealed.
--- ENDS --- | https://www.indiatoday.in/cities/delhi/story/abandoned-lunch-box-triggers-bomb-scare-in-delhi-s-rohini-1983801-2022-08-04 | 2022-08-04T12:53:00Z | https://www.indiatoday.in/cities/delhi/story/abandoned-lunch-box-triggers-bomb-scare-in-delhi-s-rohini-1983801-2022-08-04 | false | null |
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CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world. | https://centreforaviation.com/analysis/reports/jetblue-is-victorious-in-its-quest-for-spirit-but-who-is-the-real-winner-618253 | 2022-08-04T12:59:06Z | https://centreforaviation.com/analysis/reports/jetblue-is-victorious-in-its-quest-for-spirit-but-who-is-the-real-winner-618253 | false | 1 |
The Palm Beach County-based sugarcane company, whose South Florida farms are home to more than 1,250 barn owls that provide natural pest defense and eliminate synthetic pesticides, celebrates International Owl Awareness Day with its expansion from 850 nesting boxes to more than 2,000.
WEST PALM BEACH, Fla., Aug. 4, 2022 /PRNewswire/ -- Florida Crystals Corporation celebrates International Owl Awareness Day by announcing a major expansion to its barn owl box network – already the largest in the world – to naturally protect its South Florida farms and promote biodiversity.
The barn owl program, in which sturdy nesting boxes are constructed on 10-foot platforms to provide habitat for native barn owls, is an innovative example of Florida Crystals' regenerative farming practices that are helping in its mission to promote biodiversity and reduce synthetic chemicals on its farms in the Everglades Agricultural Area (EAA). Florida Crystals is expanding the network from 850 nesting boxes to 2,035.
"Barn owls naturally migrate to our farming area each year from September to April," said Diego Luzuriaga, Florida Crystals' Vice President of Research and Development. "We are happy to welcome them. We give them a safe place to live, and they provide us with natural, biological pest control. It's an ideal partnership."
Florida Crystals was an early adopter of the barn owl program. The company partnered with University of Florida researcher Dr. Richard Raid in 1994 and provided his first grant and farmland to establish the barn owl program in the EAA. Wooden boxes were constructed, which attracted barn owls to nest, who in return protected the farms from rodents that damaged the cane. The wooden boxes were effective for a time but could not withstand the weather and elements. In 2016, Florida Crystals' Research and Development team reinvigorated the program, replacing all of the boxes with a sturdier composite material and a modern design with a perch. The new boxes were installed first to protect Florida Crystals' organic farm, the largest in Florida and the only organic sugarcane farm in the United States. The improved design proved highly effective, tolerating Florida's weather and insect pressure, and provided a safer habitat for the owls. Florida Crystals quickly expanded the new design across its 194,500 acres of farmland, which directly resulted in the elimination of rodenticide by 2020.
"This is an incredibly important program, especially for Florida Crystals, as an organic farmer," said Luzuriaga. "Three of our regenerative agriculture priority goals are to protect our soils, upcycle our byproducts and promote biodiversity on our farms. This type of low-impact farming, where we are integrating nature into our practices, is the future of sustainable farming."
Luzuriaga's team conducts censuses every September and March to evaluate the barn owl population and to research trends. In March 2022, the population had risen to an incredible 1,254 birds with 98 eggs left to hatch, up from 831 owls and 134 eggs in 2021. Each box normally houses four to seven owls – two adults and up to five owlets.
"Each census, at the start and end of the migration period, provides learnings that inform the continuous improvement of our program," said Luzuriaga.
As they collect the population data, the team evaluates the boxes, which are georeferenced and tagged with a unique ID number, for improvements. As a result of the most recent census, Florida Crystals is testing new pole designs to prevent boxes from leaning as well as assessing cleaning and maintenance best practices. In addition to the two full census measurements, Florida Crystals is now also assessing owl occupancy throughout the year in a smaller number of boxes to understand population dynamics.
The barn owl network is one innovative practice that is helping Florida Crystals in its goal to be the most sustainable sugarcane company in the U.S.
The Florida Crystals® consumer brand – the only brand of organic baking sugars made from sugarcane sustainably grown in the U.S. – is also marking International Owl Awareness Day, announcing the launch of a new "spokesowl." Barn owl mascot "Ollie" will give consumers a bird's-eye view of each step of the organic raw cane sugar crafting process, from farm to package. Read more here.
Florida Crystals Corporation is a fully integrated cane sugar company. Florida Crystals farms sugarcane, rice and vegetables on 194,500 acres in Palm Beach County, Florida, where it also owns two sugar mills, a sugar refinery, a packaging and distribution center, Florida's only rice mill and the largest renewable power plant of its kind in North America, which uses sugarcane fiber to generate eco-friendly energy that powers its sugar operations. Florida Crystals is Florida's largest organic farmer and the only producer of certified organic sugar that is grown and milled in the U.S. Its subsidiary, ASR Group, jointly owned with Sugar Cane Growers Cooperative of Florida, is the world's largest cane sugar refining and marketing company. Florida Crystals, Sugar Cane Growers Cooperative and ASR Group own Tellus Products, which makes single-use, compostable tableware and foodservice products from sugarcane and other plant fibers. Florida Crystals is headquartered in West Palm Beach, Florida. Learn more at
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SOURCE Florida Crystals Corporation | https://www.wtap.com/prnewswire/2022/08/04/florida-crystals-announces-it-is-more-than-doubling-size-worlds-largest-barn-owl-network-sustainably-protect-its-south-florida-farms-promote-biodiversity-part-its-regenerative-farming-practices/ | 2022-08-04T13:00:03Z | https://www.wtap.com/prnewswire/2022/08/04/florida-crystals-announces-it-is-more-than-doubling-size-worlds-largest-barn-owl-network-sustainably-protect-its-south-florida-farms-promote-biodiversity-part-its-regenerative-farming-practices/ | false | 11 |
Census expands partnership with Snowflake to to simplify access to data and enable users to act and automate using Snowflake insights
SAN FRANCISCO, Aug. 4, 2022 /PRNewswire/ -- Census, the leading reverse ETL platform that syncs customer data from data warehouses to key business tools, announced today that it has expanded its partnership with Snowflake, the Data Cloud company, and achieved Premier Partner status. As a Premier Partner, Census will continue collaborating closely with Snowflake to develop new solutions that help joint customers extract more value from data stored in the cloud.
Unlike legacy data platforms or point-to-point solutions prone to error, Census's reverse ETL provides users with a single source of truth that is always current, complete, and consistent. In a matter of hours, data and operations teams can set up Census workflows that integrate seamlessly with Snowflake's platform to deliver actionable data with immediate revenue impact.
"We are thrilled to add Census to Snowflake's roster of Premier Partners," said Tarik Dwiek, Senior Director of Technology Alliances at Snowflake. "Census brings tremendous value to Snowflake users by making their data actionable. Snowflake customers can use Census's Reverse ETL to sync analytics into their go-to-market tools and empower every team in their organization to automate and take action with trustworthy data."
Census has been developing new solutions to help customers extract maximum value from Snowflake data. The latest addition to Census is Snowflake Stream Triggers, which is a more efficient, cost-effective way to orchestrate continuous syncs. Customers can use Census to listen for changes to tables and views in Snowflake, then automatically activate reverse ETL syncs. Rather than continuously polling for changes to the Snowflake Data Cloud, using Snowflake Stream Triggers saves users time and credits because time-sensitive workflows are triggered by source data changes.
"Snowflake is an important strategic partner for Census," said Boris Jabes, CEO of Census. "More Snowflake customers are looking to Census to help them sync their customer data. As a Snowflake Premier Partner, we look forward to continuing to work with Snowflake so customers have faster, more reliable access to business-critical data."
Census has been providing reverse ETL integrations with Snowflake for multiple years, enabling comprehensive, unified customer profiles that can be synced with existing business tools in seconds. Census ensures that sales, marketing, success, and product teams have access to the same data across the entire organization, accessible using the business tools they use daily.
For more information, read the announcement from Census.
Census turns data warehouses into a hub for business operations, empowering everyone with trustworthy and actionable data. With its reverse ETL (extract, transfer, and load) tool, data teams can validate and publish analytics directly into all their applications in real-time. Hundreds of companies like Canva, Figma, Loom, and Notion use Census to sync billions of records to empower their customer success, sales, and marketing teams. Census is backed by Andreessen Horowitz, Insight Partners, Sequoia, and Tiger Global. For more information, visit https://www.getcensus.com or follow @census on Twitter.
To become a Snowflake partner, get access to Snowflake's self-service partner resources, please visit www.snowflake.com/partners
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SOURCE Census | https://www.kplctv.com/prnewswire/2022/08/04/census-achieves-premier-partner-status-with-snowflake/ | 2022-08-04T13:00:38Z | https://www.kplctv.com/prnewswire/2022/08/04/census-achieves-premier-partner-status-with-snowflake/ | true | 10 |
BISMARCK, N.D. (AP) _ MDU Resources Group Inc. (MDU) on Thursday reported second-quarter earnings of $70.7 million.
On a per-share basis, the Bismarck, North Dakota-based company said it had profit of 35 cents.
The energy, mining, construction and utilities company posted revenue of $1.72 billion in the period.
MDU Resources expects full-year earnings to be $1.75 to $1.90 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDU at https://www.zacks.com/ap/MDU | https://www.milfordmirror.com/business/article/MDU-Resources-Q2-Earnings-Snapshot-17350848.php | 2022-08-04T13:00:46Z | https://www.milfordmirror.com/business/article/MDU-Resources-Q2-Earnings-Snapshot-17350848.php | true | null |
Capital Southwest Co. (NASDAQ:CSWC – Get Rating) – Equities research analysts at Oppenheimer increased their Q2 2023 earnings estimates for shares of Capital Southwest in a report released on Wednesday, August 3rd. Oppenheimer analyst M. Penn now forecasts that the asset manager will post earnings of $0.50 per share for the quarter, up from their prior estimate of $0.49. The consensus estimate for Capital Southwest’s current full-year earnings is $1.98 per share. Oppenheimer also issued estimates for Capital Southwest’s Q1 2024 earnings at $0.51 EPS, Q2 2024 earnings at $0.52 EPS, Q3 2024 earnings at $0.53 EPS, Q4 2024 earnings at $0.54 EPS and FY2024 earnings at $2.09 EPS.
A number of other equities research analysts have also recently commented on CSWC. JMP Securities cut their target price on Capital Southwest from $27.00 to $25.00 and set a “market outperform” rating on the stock in a research note on Wednesday. Hovde Group decreased their target price on shares of Capital Southwest to $22.00 in a report on Friday, May 20th. Finally, Raymond James reiterated a “maintains” rating on shares of Capital Southwest in a report on Wednesday. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Capital Southwest presently has a consensus rating of “Hold” and an average target price of $25.33.
Capital Southwest Stock Up 0.1 %
Capital Southwest (NASDAQ:CSWC – Get Rating) last posted its quarterly earnings data on Monday, May 23rd. The asset manager reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. Capital Southwest had a net margin of 35.02% and a return on equity of 11.62%. The business had revenue of $21.03 million for the quarter, compared to analyst estimates of $21.50 million. During the same quarter in the previous year, the firm posted $0.39 earnings per share.
Capital Southwest Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 9.94%. The ex-dividend date of this dividend is Wednesday, September 14th. This is an increase from Capital Southwest’s previous quarterly dividend of $0.48. Capital Southwest’s dividend payout ratio (DPR) is presently 150.00%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the company. Mckinley Capital Management LLC Delaware increased its position in shares of Capital Southwest by 70.7% during the 4th quarter. Mckinley Capital Management LLC Delaware now owns 98,908 shares of the asset manager’s stock valued at $2,501,000 after purchasing an additional 40,949 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in Capital Southwest by 3.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 14,369 shares of the asset manager’s stock valued at $363,000 after buying an additional 461 shares during the last quarter. Legacy Capital Wealth Partners LLC raised its position in Capital Southwest by 3.6% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 49,780 shares of the asset manager’s stock worth $1,258,000 after acquiring an additional 1,727 shares during the period. IFG Advisory LLC purchased a new position in Capital Southwest during the first quarter valued at $272,000. Finally, Good Life Advisors LLC bought a new position in shares of Capital Southwest in the first quarter worth about $305,000. 24.47% of the stock is owned by hedge funds and other institutional investors.
About Capital Southwest
Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.
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Receive News & Ratings for Capital Southwest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Southwest and related companies with MarketBeat.com's FREE daily email newsletter. | https://theenterpriseleader.com/2022/08/04/brokers-issue-forecasts-for-capital-southwest-co-s-q2-2023-earnings-nasdaqcswc.html | 2022-08-04T13:03:45Z | https://theenterpriseleader.com/2022/08/04/brokers-issue-forecasts-for-capital-southwest-co-s-q2-2023-earnings-nasdaqcswc.html | false | 2 |
Former India U-19 World Cup-winning captain Unmukt Chand enters Big Bash League draft
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MIAMI, Aug. 4, 2022 /PRNewswire/ -- ProMedia, a Miami-based tech-enabled ad agency, has announced the deployment of its advanced audience ratings and impressions solution, continuing their efforts to innovate on an industry-wide push to reach consumers at the right time across linear and digital channels. The effort capitalizes on a data-driven platform for building advanced audience profiles and enhancing targeting to identify cross channel opportunities, drive incremental reach on digital, increase brand awareness among target audiences, and drive inquiries based on campaign specifics.
The solution leverages ProMedia's patent-pending technology along with data and software solutions from advertising measurement and optimization platform, VideoAmp. By leveraging VideoAmp's commingled TV viewership dataset to create advanced audience metrics across more than 60 million devices, ProMedia is able to provide clients in the direct-to-consumer space with actionable insights that enable more efficient media spending. This solution is a new and welcomed enhancement to current capabilities around real-time reporting and metrics as it relates to response attribution and media analytics.
"By tapping VideoAmp and tying in advanced audience metrics, ProMedia is staying ahead of the curve in leveraging a more accurate currency for ratings and impressions. In doing so, clients can understand and target their ideal consumer more effectively, and further enhance ROI efficiencies in the direct-to-consumer space," says Chris Bishouty, ProMedia's Chief Operating Officer.
According to a case study published by VideoAmp, ProMedia has already used their new solution to identify "an opportunity for $7 million in savings in Q42021 by understanding off-target and over-frequency investments, enabling the prioritization of more efficient media spending."
Now and in the future, ProMedia will continue using this solution to:
- Build advanced audiences from commingled data from over 60 million devices.
- Create data-driven strategies that enable clients to seize new audiences across linear and digital channels and understand their consumer better.
- Provide real-time campaign tracking and optimization of media placements and performance.
ProMedia is a full-service, tech enabled advertising agency specializing in cost-per-action (CPA), direct response, and alternative media. ProMedia leverages patent pending technology to serve clients in healthcare, financial services, legal services, product and other industries in the direct-to-consumer space.
VideoAmp is an advertising measurement and optimization platform increasing the value of advertising by redefining how media is valued, bought and sold. The VideoAmp platform automates advertising workflows, deduplicates audiences across traditional TV, streaming video, digital media and walled gardens and connects media exposures to an advertiser's sales. By unlocking new value for the entire ecosystem, our platform allows the world's largest advertisers, agencies and publishers to align on VideoAmp's independent measurement as a new media currency to transact against. To learn more, visit videoamp.com.
ProMedia Contact:
Chris Bishouty
305.495.9175
chris@promedia.com
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SOURCE Pro Media Group Inc | https://www.wtvm.com/prnewswire/2022/08/04/promedia-deploys-advanced-audience-ratings-impressions-solution/ | 2022-08-04T13:04:39Z | https://www.wtvm.com/prnewswire/2022/08/04/promedia-deploys-advanced-audience-ratings-impressions-solution/ | false | 11 |
DUBLIN, Aug. 4, 2022 /PRNewswire/ -- The 'Artificial Intelligence of Things Solutions by AIoT Market Applications and Services in and Industry Verticals 2022 - 2027' report has been added to ResearchAndMarkets.com's offering.
This AIoT market report provides an analysis of technologies, leading companies and solutions. The report also provides quantitative analysis including market sizing and forecasts for AIoT infrastructure, services, and specific solutions for the period 2022 through 2027. The report also provides an assessment of the impact of 5G upon AIoT (and vice versa) as well as blockchain and specific solutions such as Data as a Service, Decisions as a Service, and the market for AIoT in smart cities.
While it is no secret that AI is rapidly becoming integrated into many aspects of ICT, many do not understand the full extent of how it will transform communications, applications, content, and commerce. For example, the use of AI for decision-making in IoT and data analytics will be crucial for efficient and effective smart city solutions in terms of decision-making.
The convergence of AI and Internet of Things (IoT) technologies and solutions (AIoT) is leading to "thinking" networks and systems that are becoming increasingly more capable of solving a wide range of problems across a diverse number of industry verticals. AI adds value to IoT through machine learning and improved decision-making. IoT adds value to AI through connectivity, signaling, and data exchange.
AIoT is just beginning to become part of the ICT lexicon as the possibilities for the former adding value to the latter are only limited by the imagination. With AIoT, AI is embedded into infrastructure components, such as programs, chipsets and edge computing, all interconnected with IoT networks.APIs are then used to extend interoperability between components at the device level, software level and platform level. These units will focus primarily on optimizing system and network operations as well as extracting value from data.
While early AIoT solutions are rather monolithic, it is anticipated that AIoT integration within businesses and industries will ultimately lead to more sophisticated and valuable inter-business and cross-industry solutions. These solutions will focus primarily upon optimizing system and network operations as well as extracting value from industry data through dramatically improved analytics and decision-making processes.
Industry adoption for AIoT is gaining momentum. By way of example, Advantech partnered with Momenta Ventures to launch the AIoT Ecosystem Fund, a venture capital fund with a target of $50 million USD and a focus on the digital industry. KC Liu, CEO of Advantech, stated: "Advantech is committed to enabling an intelligent planet. This starts at the industrial edge with early innovators in energy, manufacturing, smart spaces and supply chain management."
The company launched Advantech Industrial Wireless solutions with Qualcomm, NXP, DEKRA, and E Ink. "We provide AIW industrial grade wireless modules and wireless design-in services to embedded customers. This one-stop shopping service helps customers acquire leading wireless enabled AIoT products and reduce their time to market," said Andy Lin, Advantech Senior ProductManager.
Many industry verticals will be transformed through AI integration with enterprise, industrial, and consumer product and service systems. It is destined to become an integral component of business operations including supply chains, sales and marketing processes, product and service delivery, and support models.
We see AIoT evolving to become more commonplace as a standard feature from big analytics companies in terms of digital transformation for the connected enterprise. This will be realized in infrastructure, software, andSaaS managed service offerings. Recent years have witnessed rapid growth for IoT data-as-a-service offerings to become AI-enabled decisions-as-a-service-solutions, customized on a per industry and company basis. Certain data-driven verticals such as the utility and energy service industries will lead the way.
As IoT networks proliferate throughout every major industry vertical, there will be an increasingly large amount of unstructured machine data. The growing amount of human-oriented and machine-generated data will drive substantial opportunities for AI support of unstructured data analytics solutions. Data generated from IoT-supported systems will become extremely valuable, both for internal corporate needs as well as for many customer-facing functions such as product life-cycle management.
The use of AI for decision-making in IoT and data analytics will be crucial for efficient and effective decision-making, especially in the area of streaming data and real-time analytics associated with edge computing networks. Real-time data will be a key value proposition for all use cases, segments, and solutions. The ability to capture streaming data, determine valuable attributes, and make decisions in real-time will add an entirely new dimension to service logic.
In many cases, the data itself, and actionable information will be the service. AIoT infrastructure and services will, therefore, be leveraged to achieve more efficient IoT operations, improve human-machine interactions, and enhance data management and analytics, creating a foundation for IoT Data as a Service (IoTDaaS) and AI-based Decisions as a Service.
The fastest-growing 5G AIoT applications involve private networks. Accordingly, the 5GNR market for private wireless in industrial automation will reach $5.21B by 2027. Some of the largest market opportunities will be AIoT market IoTDaaS solutions. We see machine learning in edge computing as the key to realizing the full potential of IoT analytics.
Select Report Findings:
- The global AIoT market will reach $83.6Billion by 2027, growing at 39.1% CAGR
- The global market for IoT data as service solutions will reach $9.13B USD by 2027
- The AI-enabled edge device market will be the fastest-growing segment within the AIoT
- AIoT automates data processing systems, converting raw IoT data into useful information
- Today's AIoT solutions are the precursor to next-generation AI Decision as a Service (AIDaaS)
- AIoT solutions improve operational effectiveness and the value of machine data by up to 28% by 2027
Key Topics Covered:
1.0 Executive Summary
2.0 Introduction
2.1 Defining AIoT
2.2 AI in IoT vs. AIoT
2.3 Artificial General Intelligence
2.4 IoT Network and Functional Structure
2.5 Ambient Intelligence and Smart Lifestyles
2.6 Economic and Social Impact
2.7 Enterprise Adoption and Investment
2.8 Market Drivers and Opportunities
2.9 Market Restraints and Challenges
2.10 AIoT Value Chain
2.10.1 Device Manufacturers
2.10.2 Equipment Manufacturers
2.10.3 Platform Providers
2.10.4 Software and Service Providers
2.10.5 User Communities
3.0 AIoT Technology and Market
3.1 AIoT Market
3.1.1 Equipment and Component
3.1.2 Cloud Equipment and Deployment
3.1.3 3D Sensing Technology
3.1.4 Software and Data Analytics
3.1.5 AIoT Platforms
3.1.6 Deployment and Services
3.2 AIoT Sub-Markets
3.2.1 Supporting Device and Connected Objects
3.2.2 IoT Data as a Service
3.2.3 AI Decisions as a Service
3.2.4 APIs and Interoperability
3.2.5 Smart Objects
3.2.6 Smart City Considerations
3.2.7 Industrial Transformation
3.2.8 Cognitive Computing and Computer Vision
3.2.9 Consumer Appliances
3.2.10 Domain-Specific Network Considerations
3.2.11 3D Sensing Applications
3.2.12 Predictive 3D Design
3.3 AIoT Supporting Technologies
3.3.1 Cognitive Computing
3.3.2 Computer Vision
3.3.3 Machine Learning Capabilities and APIs
3.3.4 Neural Networks
3.3.5 Context-Aware Processing
3.4 AIoT Enabling Technologies and Solutions
3.4.1 Edge Computing
3.4.2 Blockchain Networks
3.4.3 Cloud Technologies
3.4.4 5G Technologies
3.4.5 Digital Twin Technology and Solutions
3.4.6 Smart Machines
3.4.7 Cloud Robotics
3.4.8 Predictive Analytics and Real-Time Processing
3.4.8.1 All-Flash Array
3.4.8.2 Real-Time Operating Systems
3.4.9 Post Event Processing
3.4.10 Haptic Technology
4.0 AIoT Applications Analysis
4.1 Device Accessibility and Security
4.2 Gesture Control and Facial Recognition
4.3 Home Automation
4.4 Wearable Device
4.5 Fleet Management
4.6 Intelligent Robots
4.7 Augmented Reality Market
4.8 Drone Traffic Monitoring
4.9 Real-time Public Safety
4.10 Yield Monitoring and Soil Monitoring Market
4.11 HCM Operation
5.0 Analysis of Important AIoT Companies
5.1 Sharp
5.2 SAS
5.3 DT42
5.4 Chania Tech Giants: Baidu, Alibaba, and Tencent
5.4.1 Baidu
5.4.2 Alibaba
5.4.3 Tencent
5.5 Xiaomi Technology
5.6 NVidia
5.7 Intel Corporation
5.8 Qualcomm
5.9 Innodisk
5.10 Gopher Protocol
5.11 Micron Technology
5.12 ShiftPixy
5.13 Uptake
5.14 C3 IoT
5.15 Alluvium
5.16 Arundo Analytics
5.17 Canvass Analytics
5.18 Falkonry
5.19 Interactor
5.20 Google
5.21 Cisco
5.22 IBM Corp.
5.23 Microsoft Corp.
5.24 Apple Inc.
5.25 Salesforce Inc.
5.26 Infineon Technologies AG
5.27 Amazon Inc.
5.28 AB Electrolux
5.29 ABB Ltd.
5.30 AIBrian Inc.
5.31 Analog Devices
5.32 ARM Limited
5.33 Atmel Corporation
5.34 Ayla Networks Inc.
5.35 Brighterion Inc.
5.36 Buddy
5.37 CloudMinds
5.38 Cumulocity GmBH
5.39 Cypress Semiconductor Corp
5.40 Digital Reasoning Systems Inc.
5.41 Echelon Corporation
5.42 Enea AB
5.43 Express Logic Inc.
5.44 Facebook Inc.
5.45 Fujitsu Ltd.
5.46 Gemalto N.V.
5.47 General Electric
5.48 General Vision Inc.
5.49 Graphcore
5.50 H2O.ai
5.51 Haier Group Corporation
5.52 Helium Systems
5.53 Hewlett Packard Enterprise
5.54 Huawei Technologies
5.55 Siemens AG
5.56 SK Telecom
5.57 SoftBank Robotics
5.58 SpaceX
5.59 SparkCognition
5.60 STMicroelectronics
5.61 Symantec Corporation
5.62 Tellmeplus
5.63 Tend.ai
5.64 Tesla
5.65 Texas Instruments
5.66 Thethings.io
5.67 Veros Systems
5.68 Whirlpool Corporation
5.69 Wind River Systems
5.70 Juniper Networks
5.71 Nokia Corporation
5.72 Oracle Corporation
5.73 PTC Corporation
5.74 Losant IoT
5.75 Robert Bosch GmbH
5.76 Pepper
5.77 Terminus
5.78 Tuya Smart
6.0 AIoT Market Analysis and Forecasts 2022 - 2027
6.1 Global AIoT Market Outlook and Forecasts
6.1.1 Aggregate AIoT Market 2022 - 2027
6.1.2 AIoT Market by Infrastructure and Services 2022 - 2027
6.1.3 AIoT Market by AI Technology 2022 - 2027
6.1.4 AIoT Market by Application 2022 - 2027
6.1.5 AIoT in Consumer, Enterprise, Industrial, and Government 2022 - 2027
6.1.6 AIoT Market in Cities, Suburbs, and Rural Areas 2022 - 2027
6.1.7 AIoT in Smart Cities 2022 - 2027
6.1.8 IoT Data as a Service Market 2022 - 2027
6.1.9 AI Decisions as a Service Market 2022 - 2027
6.1.10 Blockchain Support of AIoT 2022 - 2027
6.1.11 AIoT in 5G Networks 2022 - 2027
6.2 Regional AIoT Markets 2022 - 2027
6.3 AIoT Unit Deployment 2022 - 2027
6.3.1 Global AIoT Unit Deployment 2022 - 2027
6.3.2 AIoT Unit Deployment by Type 2022 - 2027
6.3.3 AIoT Unit Deployment by Region 2022 - 2027
7.0 Conclusions and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/zdtgui
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
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SOURCE Research and Markets | https://www.prnewswire.com/news-releases/global-artificial-intelligence-of-things-solutions-market-report-2022-2027---todays-aiot-solutions-are-the-precursor-to-next-generation-ai-decision-as-a-service-aidaas-301599828.html | 2022-08-04T13:07:12Z | https://www.prnewswire.com/news-releases/global-artificial-intelligence-of-things-solutions-market-report-2022-2027---todays-aiot-solutions-are-the-precursor-to-next-generation-ai-decision-as-a-service-aidaas-301599828.html | false | 3 |
CWG: Tejaswin Shankar claims India's first-ever medal in high jump
On Thursday, Tejaswin Shankar became the first-ever Indian to clinch a medal in high jump at the 2022 Commonwealth Games (CWG) in Birmingham. Shankar won bronze after clearing 2.22m, thereby winning India's first athletics medal at CWG 2022. Hamish Kerr of New Zealand won gold, while Australia's Brandon Starc secured silver. Tejaswin is the present national record holder (2.29m) in men's high jump.
Shankar easily cleared 2.5m and 2.10m in the opening two jumps before touching the 2.19m and 2.22m mark in his first attempt. Although the Indian failed to clear 2.25m, he claimed the bronze medal after beating the fourth-place athlete in 2.22m. Shankar attempted 2.28m on his last jump, but failed to clear the mark.
Shankar was initially ignored for the Commonwealth Games, with the organizers rejecting his late entry. The Indian Olympic Association (IOA) then requested the organizers to grant him entry. It received confirmation from the Commonwealth Games Federation (CGF) and CWG organizers after a Delegate Registration Meeting (DRM). Shankar finally landed in Birmingham mere three days ahead of his event.
Shankar, who was born on December 21, 1998, hails from Saket in South Delhi. The Indian studied at the Sardar Patel Vidyalaya in New Delhi where he played cricket till the eighth grade. Shankar's father Harishankar, a lawyer, died of blood cancer in 2014. The former soon switched from cricket to high jump and started winning medals professionally.
Shankar clinched the gold medal at the Commonwealth Youth Games in Apia in 2015. He had scripted a Games record of 2.14m. The Indian won the silver medal at the 2016 South Asian Games in Guwahati, clearing the 2.17m mark. | https://www.newsbytesapp.com/news/sports/cwg-tejaswin-claims-india-s-first-ever-high-jump-medal/story | 2022-08-04T13:10:12Z | https://www.newsbytesapp.com/news/sports/cwg-tejaswin-claims-india-s-first-ever-high-jump-medal/story | false | 1 |
Everton striker Dominic Calvert-Lewin is set to spend six weeks out through injury.
Manager Frank Lampard confirmed on Wednesday that Calvert-Lewin would miss Everton’s opening Premier League game against Chelsea, but gave an update on the 25-year-old’s fitness a day later.
“Losing a player of Dom’s quality is obviously going to have an impact,” Lampard said. “I think we’re probably looking around six weeks for the injury.”
The Athletic reported earlier on Thursday that Everton are ramping up their search for a striker, in light of Calvert-Lewin’s injury.
Lampard also confirmed that defender Yerry Mina will be fit for Saturday’s game, as well goalkeeper Asmir Begovic who has returned “ahead of schedule”. Allan will be in the match-day squad but still needs more “match fitness”, while fellow midfielder Andre Gomes is still a week or two away from returning and Tom Davies should resume training next week.
Club captain Seamus Coleman will play for the Everton Under-21s on Friday in order to build up fitness.
Calvert-Lewin’s injury means Everton now have no senior centre-forwards fit for the visit of Chelsea, with Salomon Rondon suspended and Richarlison having departed for Tottenham Hotspur earlier in the summer.
The Merseyside club have, though, matched West Ham United’s bid for Lille midfielder Amadou Onana.
It is understood Everton have tabled an offer of €30million (£25.3million, $30.6million) plus add-ons for the 20-year-old.
On Everton’s transfer business, Lampard added: “I’m pleased with the players we brought in. As a coach, I’m a big part of that decision-making process.
“While players are our players, they need to be ready to play. There’s ‘no have to’ (moving players on to bring others in). We’re not too big in terms of numbers, we have to assess it as we go along.”
Everton have so far signed James Tarkowski, Ruben Vinagre and Dwight McNeil.
GO DEEPER
Everton want another midfielder after Gueye and are still keen on Broja
(Photo: Getty Images) | https://theathletic.com/3477417/2022/08/04/everton-dominic-calvert-lewin-injury/ | 2022-08-04T13:10:58Z | https://theathletic.com/3477417/2022/08/04/everton-dominic-calvert-lewin-injury/ | false | 1 |
Under Clearlake's ownership, Brightly transformed into a leading cloud-based asset management software platform with a broad suite of products solving operational and planning needs
SANTA MONICA, Calif. and CARY, N.C., Aug. 4, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P. (together with certain of its affiliates, "Clearlake") today announced it has completed the sale of Brightly Software, Inc. ("Brightly Software", "Brightly" or the "Company") to Siemens AG ("Siemens") (FRA:SIE) for $1.575 billion of upfront cash consideration, along with $300 million in cash earn-out payments, for a total of $1.875 billion.
Brightly is a software-as-a-service ("SaaS") provider of cloud-based enterprise asset management and facility operations management. Clearlake acquired Brightly, formerly known as "Dude Solutions," in June 2019.
Brightly executed on an investment thesis focused on scaling the business into a leading provider of enterprise asset management SaaS solutions across a diverse set of applications, end-markets, and geographies. In partnership with management, Clearlake implemented its O.P.S.® strategy to support the Company across several organic and inorganic growth initiatives. Organic growth initiatives were centered on reshaping the operating expense structure of the business to enable profitable growth, while improving the quality of the Company's revenue streams. These efforts were supplemented by executing on four strategic acquisitions, including Assetic, Confirm, Energy Profiles, and Facility Health.
The combination of these initiatives under Clearlake's ownership resulted in a material increase in annual recurring revenue and a significant expansion in the Company's EBITDA margins.
Kevin Kemmerer, Chief Executive Officer at Brightly Software, said, "The Brightly team and I have maintained a compelling partnership with Clearlake, and, collectively, we have built the Company into a SaaS platform addressing a variety of use cases for enterprise asset management. Throughout Clearlake's three years of ownership, our team has been able to leverage the firm's software expertise and their portfolio's best practices to establish ourselves as a high performing software solutions provider. We are proud and grateful to Clearlake for their partnership and believe we have collectively positioned the Company well to continue advancing our market leadership and executing on our goal to help our clients create more sustainable communities as part of Siemens."
"Clearlake's software investment approach involves partnering with management to scale promising SaaS companies, while focusing on profitable growth and sales efficiency. Since we invested in the business, Brightly has reconfigured its go-to-market motion and transitioned many customers to a longer-term partnership model, while maintaining the platform innovation that has always differentiated Brightly. We have valued our partnership with Kevin and his team over the years, which has culminated in Brightly's success during our ownership," said Behdad Eghbali, Co-Founder and Managing Partner, and Prashant Mehrotra, Partner and Managing Director, at Clearlake. "We are very excited about this outcome, as it highlights the potential of Clearlake's investment approach and the foundation that Kevin and his team have developed to help drive continued growth. We thank the Siemens team for their collaboration over the past months, and we wish the Brightly team every success for the future."
Throughout Clearlake's ownership, Brightly expanded into new end-markets and geographies, as well as broadened its product offerings, expanding into solutions with a focus on ESG and sustainability management. Today, Brightly has a global customer base with over 12,000 clients across Education, Public Infrastructure, Manufacturing, Healthcare, Commercial Real Estate, and other end-markets, and was recently recognized as a "Leader in Enterprise Asset Management Software" from Verdantix, an award-winning independent research firm.
William Blair & Company LLC and SVB Securities LLC acted as lead financial advisors to Brightly. Sidley Austin LLP provided legal counsel to Brightly and Clearlake.
About Clearlake
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are technology, industrials and consumer. Clearlake currently has over $72 billion of assets under management and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com and on Twitter @Clearlake.
About Brightly Software
Brightly, the global leader in intelligent asset management solutions, enables organizations to transform the performance of their assets. Brightly's sophisticated cloud-based platform leverages more than 20 years of data to deliver predictive insights that help users through the key phases of the entire asset lifecycle. More than 12,000 clients of every size worldwide depend on Brightly's complete suite of intuitive software – including CMMS, EAM, Strategic Asset Management, IoT Remote Monitoring, Sustainability and Community Engagement. Paired with award-winning training, support and consulting services, Brightly helps light the way to a bright future with smarter assets and sustainable communities. For more information, visit www.brightlysoftware.com.
Media Contacts
For Clearlake:
Jennifer Hurson
Lambert & Co.
jhurson@lambert.com
(845) 507-0571
For Brightly Software:
Adam Novak
PAN Communications
brightly@pancomm.com
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SOURCE Clearlake Capital Group | https://www.blackhillsfox.com/prnewswire/2022/08/04/clearlake-capital-completes-sale-brightly-software-siemens/ | 2022-08-04T13:12:24Z | https://www.blackhillsfox.com/prnewswire/2022/08/04/clearlake-capital-completes-sale-brightly-software-siemens/ | false | 13 |
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NETFLIX INC Changes to Beneficial Ownership: Ezama Meabe Sergio (Chief Talent Officer) (Form4)
Accepted:
Form Type:
4
Accession Number:
0001065280-22-000283 | https://www.benzinga.com/secfilings/22/08/28322323/netflix-inc-changes-to-beneficial-ownership-ezama-meabe-sergio-chief-talent-officer-form4 | 2022-08-04T13:13:29Z | https://www.benzinga.com/secfilings/22/08/28322323/netflix-inc-changes-to-beneficial-ownership-ezama-meabe-sergio-chief-talent-officer-form4 | false | 254241 |
Montas to Yankees, Mancini to Astros ahead of trade deadline
NEW YORK — (AP) — The trade market got busy ahead of Tuesday's deadline, with the New York Yankees acquiring pitcher Frankie Montas from Oakland for four prospects.
As contenders bulked up ahead of stretch runs and possible postseason appearances, San Diego got All-Star closer Josh Hader from first-place Milwaukee on Monday, and Houston obtained designated hitter/first baseman Trey Mancini from Baltimore as part of a three-team trade that included Tampa Bay. The AL West leaders also added catcher Christian Vázquez from Boston, which in turn acquired outfielder Tommy Pham from Cincinnati.
St. Louis obtained left-hander José Quintana and right-hander Chris Stratton from Pittsburgh, and Milwaukee added right-hander Matt Bush from Texas.
World Series champion Atlanta acquired outfielder Robbie Grossman from Detroit and brought back infielder Ehire Adrianza from Washington. The Yankees got reliever Scott Effross from the Chicago Cubs, and the Chicago White Sox obtained left-hander Jake Diekman from Boston.
Montas became the second front-line starting pitcher to switch teams ahead of the deadline, after Seattle got Luis Castillo from Cincinnati. In exchange for the 29-year-old right-hander and struggling reliever Lou Trivino, the Yankees sent payroll-paring Oakland 26-year-old rookie left-hander J.P. Sears along with three minor leaguers: 24-year-old lefty Ken Waldichuk, 23-year-old right-hander Luis Medina and 22-year-old infielder Cooper Bowman.
Montas is 4-9 with a 3.18 ERA in 19 starts, including a 2.76 ERA since the start of May. He has 109 strikeouts and 28 walks in 104 2/3 innings.
“His level of talent, especially with how he’s pitched the last couple years, just excited to get him in the mix,” Yankees manager Aaron Boone said. “He’s got the full arsenal and stuff you look for in a top-of-the-rotation guy. Gone out and proved last couple years he is that kind of caliber pitcher."
Hader went to the Padres for recently demoted closer Taylor Rogers, right-hander Dinelson Lamet, outfielder Esteury Ruiz and pitching prospect Robert Gasser. Hader has 29 saves while Rogers has 28, though the Padres recently removed Rogers from the closer role after he blew consecutive opportunities in Detroit. The Padres obtained Rogers from Minnesota on opening day.
“Josh Hader is one of the best closers in the league,” Padres general manager A.J. Preller said. “He’s been there, done that, pitched in big spots, big playoff games. He’s got elite stuff.”
Houston acquired Mancini in a trade that moved speedy outfielder Jose Siri to the Rays. The Astros got right-hander Jayden Murray from Tampa Bay, and the Orioles received right-hander Chayce McDermott.
The AL West-leading Astros were in the market for a first baseman with Yuli Gurriel struggling. The 30-year-old Mancini, a fan favorite and cancer survivor, is hitting .268 with 10 homers and 41 RBIs in 92 games.
“Trey has been such an important part of our lives here the last, since I’ve been here, and a big part of Baltimore and a big part of this community,” Orioles manager Brandon Hyde said. “And you know it’s hard to see someone like him go, just a close friend to so many people."
Houston sent Boston minor league infielder Enmanuel Valdez and outfielder Wilyer Abreu for Vázquez. Boston acquired Pham for a player to be named or cash.
“This is one that I know hurts in the clubhouse. That’s something we don’t take lightly,” Red Sox chief baseball officer Chaim Bloom said of trading Vázquez.
St. Louis gave the Pirates right-hander Johan Oviedo and third baseman/first baseman Malcom Nuñez for Quintana and Stratton. Texas received infielder Mark Mathias and left-hander Antoine Kelly for Bush. Detroit got minor league lefty Kris Anglin for Grossman.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports
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WWE・ | https://www.newsbreak.com/news/2689640988319/winfree-s-aew-dark-elevation-ep-74-review-8-01-22 | 2022-08-04T13:14:47Z | https://www.newsbreak.com/news/2689640988319/winfree-s-aew-dark-elevation-ep-74-review-8-01-22 | true | 1 |
Kontempo, a startup offering buy now, pay later (BNPL) and interest-free installment plans to business-to-business (B2B) customers, today announced that it raised a $30 million seed round in a mix of equity ($6.5 million) and debt ($25 million). CEO and co-founder Matthew Meehan tells TechCrunch that the new cash will be used to hire staff, grow Kontempo’s merchant network and further develop the technology underlying its platform.
While BNPL has gotten a lot of play in the consumer market, with giants like Klarna, Afterpay and Affirm doing their best to corner it, alternative, installment-based payment plans have been slower to penetrate the traditionally conservative enterprise. While most B2B purchases and procurements are spread out over time (e.g, net 30-day terms), the deals aren’t structured in the way consumer-style BNPL plans typically are. High processing fees are frequently involved, with 35% of businesses in an Ardent Partners survey reporting that it costs $8 to process a single supplier payment. And delays are frequent. A separate report found that it takes an average of 30 days to complete a payment and that 47% of suppliers are paid late for their products or services.
Meehan says he and Kontempo’s other co-founders, Antonia Marino and Kwesi Steele, saw an opportunity to address these challenges in a single platform.
“Three important insights garnered from our prior work formed the basis of the rationale for starting Kontempo,” Meehan told TechCrunch in an email interview. “Most companies selling to small- and medium-sized businesses need to offer point of sale financing, or ‘net terms,’ to be competitive. Moreover, there are currently no viable options to outsource this function. Lastly, fast and flexible payment terms at the point of sale lead to higher average order values and higher overall sales — much like with BNPL in the consumer segment.”
Meehan was previously an analyst at Morgan Stanley and an associate at Lehman Brothers before becoming the VP of Latin America trading at Merrill Lynch. Marino was a senior regional operations manager at Uber in Mexico City, while Steele was a senior sales manager at Google.
Kontempo allows sales teams to approve credit for offline or online purchases with net terms of 30, 60, or 90 days. Alternatively or in addition, enterprises can use Kontempo’s API to deploy a BNPL option at checkout that doesn’t require a credit card or bank account information.
Meehan says that, to mitigate risk, Kontempo captures data from merchant partners to feed an algorithm that determines creditworthiness. The algorithm — which takes into account a range of factors that Meehan declined to reveal — allows Kontempo to reach a broader segment of small- and medium-sized enterprises (SMEs) that are typically rejected for credit.
“Kontempo sees an opportunity with its BNPL product to increase the use of digital payments in the B2B space, boost sales for both online and offline distributors and suppliers to SMEs, and be an early mover in building critical payments infrastructure for the still small but fast growing B2B ecommerce market,” Meehan said. “Kontempo is a pioneer in this space where suppliers themselves are the primary providers of point-of-sale finance to SMEs. We have created the technology that allows for suppliers to outsource this function.”
The question is whether there’s a strong appetite in B2B for the products that Kontempo’s selling. To some extent, invoice factoring platforms solve the problem Kontempo purports to solve — guaranteeing payments — by providing a substantial cash advance to suppliers. With invoice factoring, a supplier sells its unpaid invoices to a factoring company (for a fee) and receives an advance in return (usually around 90%), while the remaining value is paid by the factoring company to the supplier once the buyer pays the invoice (plus a fee) to the factoring company.
But Meehan makes the case that factoring doesn’t provide the “instant, point-of-sale financing” that BNPL can. “They are a post-transaction liquidity solution,” he said, referring to factoring platforms. “As for credit cards, they can solve for similar pain points, but they’re typically not used by SMEs to fund inventory purchases because credit limits are low and interest rates are so high.”
Expansion by Kontempo’s competitors would suggest that this is true. Funding Circle, a fintech lender to SMEs, began offering a BNPL program called FlexiPay to business customers after a successful pilot. Berlin-based Billie, another B2B BNPL vendor, is valued at over half a billion dollars and recently secured funding from Klarna and Chinese tech giant Tencent. Smaller entrants in the sector with sizable funding rounds under their belts include Playter, Hokodo, Mondu and Tranch.
In fact, while consumer-focused BNPL startups have seen their valuations slashed and stock prices plummet in recent months, investors are largely bullish on B2B BNPL as a product category — risk of payer insolvencies aside. As a recent CNBC piece notes, BNPL services are proving especially popular with SMEs, which are feeling the pinch from rising inflation.
As for the prevalence of paper checks in B2B, Meehan admits it’s a tough problem to overcome — along with rising interest rates, which make the terms of certain payment plans less attractive. But on the first point, Meehan notes that the pandemic spurred a migration to e-commerce models for many B2B industries.
“Kontempo has signed contracts with 26 merchant partners in Mexico. These 26 merchant partners represent access to over 100,000 SME ‘buyers,’ or end-users, of our product,” Meehan said when asked about Kontempo’s early market traction and near-term growth prospects. “The company is on track to process approximately $1 million in payment volume every month by year-end 2022 … We have runway for well over three years.”
Kontempo plans to “at least” double its 11-person workforce by the end of the year, Meehan says. To date, the company has raised $32.5 million in venture capital. Portage led the seed round with participation from Scor P&C Ventures, Upper90 (who also provided the credit facility), Ignia, Tectonic Ventures and Asymmetric Capital Partners.
source: TechCrunch | https://www.focustechnica.com/kontempo-lands-fresh-capital-amid-the-boom-for-b2b-bnpl/ | 2022-08-04T13:14:49Z | https://www.focustechnica.com/kontempo-lands-fresh-capital-amid-the-boom-for-b2b-bnpl/ | false | 4 |
Tritec's ATMs Continue to Streamline Business Operations With Smoother Transactions and Cash Flow for All
RICHMOND, Va., Aug. 4, 2022 /PRNewswire/ -- Tritec is excited to discuss its latest ATMs that are bolstering transactional speeds and profits for the financial industry and small businesses alike. With these patented machines, financial convenience has never been easier with sales opportunities knocking at the doorstep for any business looking to provide fast and reliable transactions for their customers. Featuring the latest models, such as the Hyosung MX5300 and the NH2700 CE, more cash spenders will purchase products faster thanks to their optimized turnaround times and appealing interfaces for ease of use.
These next-generation ATMs are the most-advanced machines you'll find in the retail market. The NH2700 CE is a prime example of a state-of-the-art ATM with the highest uptimes with minimum maintenance needs. The consistent longevity of this machine will allow businesses to focus more on making a profit. At the same time, the NH2700 CE does its job for streamlined cash flow into the pockets of interested customers. But it doesn't stop there; these modern ATMs are designed with the future in mind. The latest systems in these machines efficiently work with future upgrades and custom modifications down the line so that you don't have to overspend on getting a new ATM in such a short period of time.
User-friendly application and appeal are other combinations of positive attributes that modern Tritec ATMs push. Tritec is pushing the bar on energy-saving features so that every business only needs to use what is necessary daily while contributing to better environmental practices overall in a modern era of innovative technology. Business owners and customers alike will appreciate the much-needed modern approach to simplified user interfaces to make transactions as easy and fast as possible while maintaining an appealing aesthetic to leave positive impressions for future use.
With these economically feasible and modern financial institute-grade ATMs, businesses and financial processes become more streamlined in time and convenience for daily transactions. However, there are a lot of missed business opportunities from lacking an ATM or other fast transaction methods for income. Tritec ATMs are pushing the envelope for a streamlined, easy-to-use process while maintaining a high level of security for each machine. If you are interested in bolstering your business transactions with a safe and convenient state-of-the-art machine, visit their website at tritecatm.com to learn more and get started with a free consultation with any questions you might have!
When you choose Tritec, you choose experts who know what it's like to want to add an ATM to your property but feel unsure about the best solution. There are a lot of ATM companies out there, and you deserve the best. That's why you should partner with Tritec and their state-of-the-art ATMs that will be more than an asset to any business.
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SOURCE Tritec | https://www.prnewswire.com:443/news-releases/tritecs-atms-continue-to-streamline-business-operations-with-smoother-transactions-and-cash-flow-for-all-301599671.html | 2022-08-04T13:16:00Z | https://www.prnewswire.com:443/news-releases/tritecs-atms-continue-to-streamline-business-operations-with-smoother-transactions-and-cash-flow-for-all-301599671.html | false | 2 |
BEIJING , Aug. 4, 2022 /PRNewswire/ -- On July 29th, one industry leader in carrier-neutral hyperscale data center solutions, Chindata Group, and technical research partner, Vertiv Technology jointly released details of the world's first waterless cooling technology during the 2022 China Computing Conference. Coined "X-Cooling", the solution enables data centers to achieve zero WUE cooling, setting a new benchmark for the industry. Leveraging this technology will promote sustainability across the entire industry and lead to further innovation in the development of more efficient data centers.
Speaking at the 2022 China Computing Conference, Zhang Binghua, CTO of Chindata Group, said, "Carbon emissions, water and energy use are three areas which present a fundamental challenge for data centers. Together with the technical research and supply chain integration expertise of our partner Vertiv Technology, Chindata Group is very pleased to release details of 'X-Cooling,' the world's first waterless cooling technology. We believe this major innovation in the reduction of power usage effectiveness (PUE) and water use efficiency (WUE) for cooling will bring about a new paradigm for the development of green and other low-carbon technologies, enabling better use of land, energy, and water. At Chindata Group, we are passionate about promoting sustainability and efficient energy use."
As the world becomes more and more digitized, there is an increasing reliance on data centers and computing power to operate the growing digital economy. In storing massive amounts of data, data centers generate a large amount of heat, which has traditionally been dispersed by using water. As a result, data centers are commonly located in areas where both power and water supply are plentiful and cheap. This greatly narrows the range of suitable locations and puts more strain on existing centers to grow larger.
"X-Cooling" realizes waterless cooling through a complex coordination of software controllers and hardware induction technology which matches ambient temperatures to generate a natural cooling process that reduces energy consumption. The technology can also be fully adjusted to accommodate changing outdoor environments, indoor load changes, and features different operating modes to ensure better efficiency. The cooperation between software and hardware allows for real-time mapping of air volumes and cooling volumes. The technology can also ensure consistent operation with a one-click on/off switch in case of emergencies.
Compared with commonly used indirect evaporative air handling unit (AHU) technology, in rigorous testing scenarios, "X-Cooling" was able to achieve a pPUE <1.1 and WUE of 0. Per 100MW data center in Hebei, switching to 'X-Cooling' waterless cooling has the potential to save 1.2 million tons of water per year, which is equivalent to annual average water consumption of 10,000 four-person households. With energy and water use a growing concern for many industries and governments, 'X-Cooling' offers a solution for supporting sustainable growth of the digital economy.
About Chindata Group
Chindata Group is a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets and a first mover in building next-generation hyperscale data centers in China, India and Southeast Asia markets, focusing on the whole life cycle of facility planning, investment, design, construction and operation of ecosystem infrastructure in the IT industry. Chindata Group provides its clients with business solutions in major countries and regions in Asia-Pacific emerging markets, including asset-heavy ecosystem chain services such as industrial bases, data centers, network and IT value-added services.
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SOURCE Chindata Group | https://www.kolotv.com/prnewswire/2022/08/04/chindata-vertiv-release-x-cooling-worlds-first-zero-wue-waterless-cooling-technology/ | 2022-08-04T13:16:44Z | https://www.kolotv.com/prnewswire/2022/08/04/chindata-vertiv-release-x-cooling-worlds-first-zero-wue-waterless-cooling-technology/ | true | 12 |
Former Haryana Congress MLA Kuldeep Bishnoi joins BJP
The 53-year-old was expelled from all posts in the Congress after he cross-voted for an Independent candidate backed by the BJP in the Rajya Sabha elections.
Former Congress leader Kuldeep Bishnoi on Thursday joined the Bharatiya Janata Party. The development came a day after he resigned as MLA from the Haryana Assembly.
Haryana Chief Minister Manohar Lal Khattar was present when Bishnoi joined the BJP.
Bishnoi was the Congress MLA from the Adampur constituency in the Hisar district, but was expelled from all posts in the party after he cross-voted for an Independent candidate backed by the BJP in the Rajya Sabha elections held in June.
The 53-year-old voted for Kartikeya Sharma instead of Congress leader Ajay Maken, who lost the elections.
After Bishnoi voted for the BJP-backed candidate, Khattar had said that the Congress legislator had shown faith in the principles and policies of the BJP.
Before the Rajya Sabha elections took place, the Congress had taken several of its MLAs to a resort in Chhattisgarh in a bid to thwart poaching attempts by rival parties. However, Bishnoi, a four-time MLA and two-time MP, did not go to the resort.
He had also stayed away from other party events, including the Chintan Shivir, an introspection meeting, that took place in Udaipur in May. This was after the Congress revamped its Haryana unit and overlooked him for the post of state chief.
‘Modi is best PM’
On Thursday, Bishnoi claimed that the Congress has gone astray from its ideology and needs a revival strategy in order to face the BJP.
“I wanted to join BJP for a long time now, still I wanted to give them [Congress] one more chance as I had been a Congressman for a long time,” Bishnoi said. “But what can one do if Congress is in a self-destruction mode?”
He also hailed Narendra Modi as the best Indian prime minister and praised Khattar for having a spotless reputation despite being chief minister for over eight years, PTI reported.
Bishnoi is the younger son of former Haryana Chief Minister Bhajan Lal Bishnoi.
This is the second time that Bishnoi has quit the Congress, nearly six years after he made a return to the party.
In 2007, Bishnoi along with his father, had launched the Haryana Janhit Congress after the Congress announced Bhupinder Singh Hooda as the chief minister.
During the 2014 Lok Sabha elections, the Haryana Janhit Congress had formed an alliance with the BJP and two other parties. However, the alliance broke before the polls. Bishnoi returned to the Congress six years ago. | https://scroll.in/latest/1029771/former-haryana-congress-mla-kuldeep-bishnoi-joins-bjp?utm_source=rss&utm_medium=public | 2022-08-04T13:18:57Z | https://scroll.in/latest/1029771/former-haryana-congress-mla-kuldeep-bishnoi-joins-bjp?utm_source=rss&utm_medium=public | true | 2 |
Fried chicken is perfect in all of its delicious forms, whether it’s the craggly Southern-fried stuff or a platter of sauce-drenched yet crispy Korean wings. There’s just something about its salty, crunchy exterior and well-seasoned, juicy meat that strikes an unrivaled balance, one our palates can’t get enough of. Because it’s so damn fantastic, you can find it across the world in a wide selection of formats. Here are 14 different ways you might encounter it around the globe.
14 Ways to Eat Fried Chicken Around the World
Fried chicken is beloved in many forms across the globe. Here's how other countries do it.
2 / 16
Ayam goreng (Indonesia)
Ayam goreng (Indonesia)
Ayam goreng is an Indonesian fried chicken dish that is heavy on the seasonings, and can include a combination of candlenut (similar to macadamia nuts), garlic, shallots, galangal, ginger, turmeric, and lemongrass. The chicken is marinated in a spice paste and cooked twice—once by simmering in water and again by frying—to achieve the crackling exterior everyone loves so much from a bite of fried chicken.
3 / 16
Buffalo wings (USA)
Buffalo wings (USA)
We’d be remiss if we didn’t mention an American culinary treasure: buffalo wings. These deep-fried flappers are cooked until they’re totally crisp, then they’re tossed in a generous amount of hot sauce mixed with butter (which helps coat the chicken and adds richness). The wings are typically served with blue cheese or ranch dressing on the side for dipping. No bar menu is complete without them, but you don’t have to step outside your front door to get some: A baked buffalo wing or an air-fried buffalo wing involves very little work or mess, and the results are just as good as what your local sports bar can pull from the fryer.
4 / 16
Central American–style fried chicken
Central American–style fried chicken
Central American–style fried chicken is gaining popularity in the United States, thanks in large part to Pollo Campero, a Guatemala-based chicken chain that is well known across Central America and can now be found in 18 US states and Washington, DC. This fried chicken is marinated in citrus, giving it a distinct brightness, along with an assortment of spices unique enough to lend this style a cult following all its own.
5 / 16
Chicharrón de pollo (Puerto Rico)
Chicharrón de pollo (Puerto Rico)
Puerto Rico’s entry into the fried chicken pantheon is chicharrón de pollo. In this preparation, the chicken is cut up into small pieces (bones and all), seasoned well with spices including oregano and garlic, tossed in flour, and fried. Served with a few lime wedges, this is bite-sized food at its best; its ratio of meat to crisp exterior will keep you coming back for more.
6 / 16
Chicken 65 (India)
Chicken 65 (India)
Chicken 65 is a dish that originated at a restaurant chain called Buhari Hotel in Chennai, India. It consists of deep-fried boneless chicken chunks that are seasoned with curry leaves and red chile pepper, which lends it a bright red color. Chicken 65 is so popular that you can find different variations on this preparation across India.
7 / 16
Dakgangjeong (Korea)
Dakgangjeong (Korea)
Korean fried chicken, called dakgangjeong, is absolutely remarkable for its ability to stay crunchy for hours after it’s been fried and covered in sauce. It even stays crunchy in the refrigerator as leftovers. This is due to its starch dredge and double-fry technique that’s particularly unique to the style. It’s doused in an irresistibly sticky and sweet sauce and pairs perfectly with an ice-cold light beer.
8 / 16
Frango a passarinho (Brazil)
Frango a passarinho (Brazil)
Frango a passarinho is Brazil’s signature fried chicken, notable for the fact that it’s a whole chicken that’s chopped into bite-sized pieces—its name roughly translates to “small bird chicken.” It’s heavy on the garlic and lime juice and is typically served as a finger food when you’re out drinking.
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Gai tod (Thailand)
Gai tod (Thailand)
Fried chicken, aka gai tod, is a popular street food in Thailand. There, it is richly seasoned with spices like garlic, coriander, white pepper, fish sauce, and oyster sauce before being battered and fried until it’s a dark golden color. It’s particularly delicious with a sweet Thai chili sauce served on the side for dipping, along with a ball of sticky rice. This dish is typically served as an appetizer at Thai restaurants in the United States, but the marinade lends so many unique and funky flavors, you might want to make it your main dish.
10 / 16
Har cheong gai (Singapore)
Har cheong gai (Singapore)
Har cheong gai is a fried chicken dish you can find in Singapore. What makes this one special is its inclusion of prawn paste, which gives the chicken a strong umami boost. Prawn paste is richly savory due to the fact that it’s fermented, lending a distinct funkiness to the dish. The distinct flavors and textures of this chicken make har cheong gai a popular street food around the country.
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Hot chicken (USA)
Hot chicken (USA)
This spicy offering from Nashville, Tennessee starts with a Southern-style fried chicken preparation, but its true distinguishing feature is that the poultry is slathered (or dunked) in a spicy, oily paste, which aggressively seasons the dish. It even looks spicy, with a deep, dark hue and a fragrance that can set your eyes watering, and the white bread and pickles it’s typically served with hardly temper the burn. Hot chicken restaurants will usually allow you to choose from a few different heat levels, but if you pick the spiciest one, you may be in for a punishing serving of yardbird.
12 / 16
Ji pai (Taiwan)
Ji pai (Taiwan)
Of all the countless ways one can serve crispy poultry, Taiwanese ji pai might just be the most dramatic presentation. It’s a giant fried chicken cutlet (not unlike schnitzel) sold at night markets around the country. The chicken is dusted with five spice powder after it’s been fried, adding on a complex layer of flavor to each bite. It’s crispy, juicy, and fun to carry around, like an edible frisbee.
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Karaage (Japan)
Karaage (Japan)
It’s no secret: We love our Japanese fried chicken, known as karaage (pronounced kara-ah-geh). This preparation involves chicken thigh marinated in some combination of soy sauce, ginger, mirin, and sake. The poultry gets cut into bite-sized pieces, which yields juicy, tender, and richly flavorful meat. It’s coated with light dusting of flour and then fried off; instead of being served with sides of dipping sauce, karaage is typically served as-is, with no more than a spritz of fresh lemon juice. Chicken this good doesn’t need anything else.
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Schnitzel (Germany)
Schnitzel (Germany)
Schnitzel is synonymous with German cuisine. Wienerschnitzel, the most well-known dish, is made with veal, but the process of pounding out a cut of meat and frying it up golden brown translates well to chicken, as we all know. Chicken schnitzel, therefore, has proliferated in different ways across the globe. Some form of the dish is enjoyed in Israel, Namibia, Finland, Iran, Mexico, Japan, Korea, and many other countries—in fact, it’s practically everywhere. You’d be hard pressed to find a nation of eaters who aren’t interested in chowing down on fried chicken cutlets.
15 / 16
Wiener backhendl (Austria)
Wiener backhendl (Austria)
Did you know Vienna, Austria has its own version of fried chicken? It’s wiener backhendl, a seasoned bone-in chicken sometimes marinated in lemon juice, dredged in breadcrumbs and fried off. It’s usually served with lemon wedges on the side for a little acid that you can squeeze on before you eat it. Wiener backhendl used to be a dish of the aristocracy, but now that fried chicken is so popular among just about every slice of the population, you can pretend to be fancy anytime you like.
16 / 16 | https://thetakeout.com/how-to-eat-fried-chicken-around-the-world-asia-europe-1849337922 | 2022-08-04T13:21:44Z | https://thetakeout.com/how-to-eat-fried-chicken-around-the-world-asia-europe-1849337922 | false | 1 |
Hostess® Twinkies® & Ding Dongs™ Iced Lattes Now Available at Retailers Nationwide, Including Our Newest Partner Walmart
LITTLE CHUTE, Wis., Aug. 4, 2022 /PRNewswire/ -- Trilliant Food & Nutrition, a leading U.S. manufacturer of shelf stable, ready-to-drink (RTD) coffee beverages, today announced significant growth of its Hostess® Iced Lattes in classic Twinkies® & Ding Dongs™ flavors at national retailers, including Walmart. Shoppers now can find Hostess® RTD iced lattes in 13.7oz bottles at their local Walmart stores across the country.
"Consumer demand for ready-to-drink coffee remains strong especially for unique flavor experiences that Hostess® snack cakes can help deliver," said Tom Lehocky, Vice President of Sales for Trilliant Food & Nutrition. "Our retail partners value the fact that we manufacture our ready-to-drink beverages within our own production facility, which eliminates many of the supply challenges other brands are experiencing and will continue to experience for the foreseeable future."
Iced coffee season is upon us and now you can get your favorite Hostess® snack cake flavor to go with Twinkies® Iced Latte that combines the taste of the classic yellow sponge cake with notes of cream. Chocolate lovers can enjoy Ding Dongs™ Iced Latte with a mixture of rich chocolate flavoring and vanilla.
Founded in 1979, Trilliant Food & Nutrition is a vertically integrated, high-quality manufacturer in the coffee, powdered, ready-to-drink, and wellness beverage categories. For more information on Trilliant Food & Nutrition, LLC, visit www.trilliantfood.com.
®/™ The HOSTESS, TWINKIES, and DING DONGS trademarks are used under license from Hostess Brands, LLC.
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SOURCE Trilliant Food & Nutrition | https://www.nbc11news.com/prnewswire/2022/08/04/trilliant-food-amp-nutrition-gains-more-than-5500-new-points-distribution-via-hostess-branded-ready-to-drink-iced-lattes/ | 2022-08-04T13:22:09Z | https://www.nbc11news.com/prnewswire/2022/08/04/trilliant-food-amp-nutrition-gains-more-than-5500-new-points-distribution-via-hostess-branded-ready-to-drink-iced-lattes/ | false | 11 |
LONDON, Aug. 4, 2022 /PRNewswire/ -- WeGift, the industry leader in digital rewards and incentives, announced a number of significant achievements in the first half of 2022. In the first six months of the year, the WeGift team added more than 120 major, beloved brands to its catalog, signed more new clients than in the entire previous year and passed 100 full-time employees.
"After closing our best year ever in 2021, we've taken things to a whole new level in 2022," said Aron Alexander, CEO and founder. "Payouts from organizations to individuals have long been slow, cumbersome and expensive. We're on a mission to fix that. The customers, partners and team members we've added in the first half of this year will help us accelerate our growth and bring more innovation to an industry that sorely needs it."
In the last six months, WeGift has added some of the world's most-beloved brands to its catalog, including AirBnB, Nike, Instacart, Dunkin', Dick's Sporting Goods, Aldi and many more. In many cases, WeGift is the first and only gift-card platform to integrate with these brands, adding to an industry-leading catalog that offers rewards and incentives that will delight any recipient.
"WeGift continues to be a major partner," said Joel Tobias, director of Strategic Alliances at Perkbox. "The integration was simple, and we saw an impact almost immediately. We've increased our available brands, continue to improve customer satisfaction, and cut our administrative time significantly. Working with WeGift has been nothing short of a huge win."
Customers are taking notice, as WeGift's client roster has exploded. In the first half of the year, notable new customers included Apple, WishList, ThanksBen, Xoxoday and Wonde, among many others. The company has signed more new customers in the first six months of the year than were added in all of 2021, while existing customers are extending their engagements and renewing agreements. Organizations of all types are tapping WeGift's network to underpin rewards through their platforms, as a solution for their own reward and incentive needs or both.
WeGift clients report significant time savings, cost reductions and improved results upon adding WeGift functionality via API integration. Whether they're using WeGift to reward high performers, power marketing campaigns, drive customer loyalty or disburse funds, powerful reporting tools and an intuitive UX lead to happy users and happier recipients.
WeGift solutions support rewards of all types, including retail gift cards, prepaid cards, subscriptions, charitable donations and more, available in 30 countries and 18 currencies. They are aggressively hiring across the organization. To join WeGift - whether as a customer, prospective employee or to be added to the reward catalog - please visit https://www.wegift.io.
Sending disbursements, incentives, and non-cash payouts is manual, expensive, time-consuming, and error prone. WeGift changes this by removing friction from the payouts process, so businesses can instantly transfer value to build relationships with the people they care about. Operating in more than 30 countries, and dozens of languages and currencies, WeGift's digital payouts platform and open API solution is directly integrated into every brand on its platform, offering corporate buyers the only true global network with direct access to more than 1,300 brands. Habito, Perkbox, Seated, Sodexo, Vodafone, and Vouchercodes all rely on WeGift to digitally engage their audiences.
Perkbox is the global benefits and rewards platform that allows companies to care for, connect with and celebrate their employees, no matter where they are and what they want. With over 10 years' experience, Perkbox is trusted by more than 4,500 companies across 51 countries and counting. Its location agnostic platform helps companies with diverse and dispersed workforces harmonise their Employee Value Proposition (EVP) — keeping each employee happy, healthy, and motivated.
Media Contact: stephen.fidgeon@wegift.io
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SOURCE WeGift | https://www.wave3.com/prnewswire/2022/08/04/wegift-closes-first-half-2022-tear-achieving-major-milestones-brand-catalog-team-growth-client-acquisition-retention/ | 2022-08-04T13:24:06Z | https://www.wave3.com/prnewswire/2022/08/04/wegift-closes-first-half-2022-tear-achieving-major-milestones-brand-catalog-team-growth-client-acquisition-retention/ | true | 21 |
Members of the Yankees and Mets organizations joined the rest of the baseball world on Wednesday in mourning the death of iconic broadcaster Vin Scully.
The long-time voice of the Dodgers died Tuesday. He was 94.
Scully, who entered baseball’s Hall of Fame in 1982, had a decades-long career after joining the Brooklyn Dodgers’ radio booth in 1950, sticking with the organization during its move to the west coast and through the 2016 season, with a host of highlight moments along the way, from Sandy Koufax’s perfect game in 1965 to Joe Carter’s walk-off home run in the 1993 World Series. And, of course, Mookie Wilson’s ground ball through the legs of Bill Buckner in the ‘86 World Series.
Dodgers team president and CEO Stan Kasten called Scully “an icon” and said in a statement that “his voice will always be heard and etched in all of our minds forever.”
Several members of the local clubs expressed similar sentiments when asked about Scully’s impact before Wednesday’s games.
“I have a romantic relationship with the radio and baseball on the radio,” Yankees manager Aaron Boone said. “I love listening to them paint that picture. I remember being part of the broadcast for my first radio game and like, ‘it’s my opportunity to paint that picture.’ I grew up falling asleep at night listening to Harry Kalas and Richie Ashburn paint a picture for me.
“I think nobody’s painted the picture better than Vin Scully in baseball. And I think anyone that had the pleasure of coming across him or meeting him, as I was fortunate enough to do many times, his kindness jumped out at you, just resonated with you and stuck with you. And that’s what I’ll remember.
“So, obviously a sad day but I think more an opportunity to celebrate a great man and a giant in sports.”
Mets skipper Buck Showalter also reminisced about meeting Scully.
“Everybody’s been impacted by Vin somewhere along the line. I remember getting on an elevator with him, it’s like he’s your best friend,” Showalter said. “He would call and see what time he could come by my office to talk about our team, because he took so much pride in his broadcast. He’d ask about the team, because he wanted to talk about both teams. He’d leave there totally prepared. It was more than just the home team. He took what he did very seriously.
“The people were listening, and he wanted to make sure he presented an educated front. I was always very impressed with him. As I’ve gotten to hear from other managers, they have a similar story with Mr. Scully. The first time you’re in Dodgertown, there’s certain iconic beings that walked around that place. The reaction of the fans when he would make an appearance was really fun to see. We’ll miss him.”
Trailblazing Yankee broadcaster Suzyn Waldman recalled her first time meeting Scully.
“I got to meet him for the first time when the Yankees went out there to play the Dodgers, 2003 maybe. I was working with YES and he walked into the booth,” Waldman said. “And he was looking for me and he said that you must be Suzyn, right? And I said, Yes. And he said, I just wanted to meet you and congratulate you and I listened to you on the WFAN. He knew everything. He knew everything about me. It was just a magnificent act of kindness, which he didn’t need to do. It was Vin Scully!! But he came looking for me to tell me that I was part of this. It was I’ll never forget it as long as I live.”
Anthony Rizzo, who played a number of high-stakes games against the Dodgers as a member of the Chicago Cubs, also spoke about his memories of the legendary voice of baseball.
“What a great baseball broadcaster. I did get a chance to meet him, played against the Dodgers a lot. I loved just hearing him talk. It’s just so soothing. The way he would tell stories about a game and paint pictures was something else would definitely be missed.”
With Kristie Ackert and Matthew Roberson
() | https://www.mercurynews.com/2022/08/03/yankees-mets-react-to-death-of-legendary-broadcaster-vin-scully/ | 2022-08-04T13:26:37Z | https://www.mercurynews.com/2022/08/03/yankees-mets-react-to-death-of-legendary-broadcaster-vin-scully/ | true | 8 |
UK interest rates see biggest rise in 27 years
The Bank of England has raised interest rates from 1.25% to 1.75% in a bid to curb soaring prices and warned the UK will fall into recession this year.
It expects the economy to shrink in the final three months of this year and keep shrinking until the end of 2023.
This would make it the longest downturn since the 2008 financial crisis.
It blamed the slump largely on rising gas prices following Russia's invasion of Ukraine, warning a typical energy bill will hit £3,500 in October.
This would mean an average household paying almost £300 a month on energy bills.
The Bank says this sharp rise in energy bills, which are set to be three times more than a year ago, will drive inflation - the rate at which prices rise - to 13%, its highest level for 42 years.
Energy bills have already risen sharply this year, squeezing household incomes and leading to slower growth for the UK economy.
Increasing interest rates is one way to try and control inflation as it raises borrowing costs and should encourage people to borrow and spend less. It can also encourage people to save more.
However, many households will be squeezed further following the interest rate rise including some mortgage-holders.
The Bank's governor Andrew Bailey said he knew the cost of living squeeze was difficult for many people, but warned if high inflation lasted a long time that would make things "even worse".
"It will get worse precisely I'm afraid for those who are least well off in society.
"So while I have huge sympathy and huge understanding for those who are struggling most with this, and I know that they will feel, 'Well, why have you raised interest rates today, doesn't that make it worse from that perspective in terms of consumption?', I'm afraid my answer to that is, it doesn't because I'm afraid the alternative is even worse in terms of persistent inflation."
Russia has reduced supplies to Europe as it wages war in Ukraine and fears are growing it may switch off the taps altogether.
The potential of gas supply problems has led to the wholesale price soaring, which has led to energy firms passing those costs onto customers - pushing up household energy bills by unprecedented amounts.
As well as energy, households have been hit by higher petrol and diesel costs and food prices.
The Bank warned UK economic growth was already slowing, adding: "The latest rise in gas prices has led to another significant deterioration in the outlook for the UK and the rest of Europe".
The interest rate rise is the sixth increase in a row as the Bank battles to dampen inflation to its 2% target.
Now rates have gone up to 1.75%, homeowners on a typical tracker mortgage will have to pay about £52 more a month. Those on standard variable rate mortgages will see a £59 increase.
It means tracker mortgage holders could be paying about £167 more a month compared to pre-December 2021, with variable mortgage holders paying up to £132 more.
Simon Gammon, managing partner at Knight Frank Finance, some homeowners nearing the end of fixed term deals were "facing a shock" when refinancing "because they are unable to borrow as much as they hoped".
"Those who are looking to buy are realising once obtainable properties are now out of reach," he added.
Patrick Reid, a business owner in London, owes £25,000 on credit cards and loans and fears an interest rate rise will cost him.
"At present I repay around £1,800 a month but I have worked out that I will conservatively need to pay another £250 a month to keep up with the debts," he said.
"I will simply have to tighten my belt and be extra cautious in my spending, which means all of those non-essential items will be cut from my budget."
Rebecca McDonald, chief economist at the Joseph Rowntree Foundation, said "staggeringly" high inflation was "going to hit low income families hard".
"Many took on credit to pay their bills and are falling behind on their payments. This will be much harder to pay off with higher interest rates putting more families in financial peril."
It is the most piercing of warning sirens set off by the Bank of England.
The largest rate rise in a quarter of a century, in attempt to temper even higher peaks in inflation of an incredible 13% are what the Bank of England actually did today. But it is its prediction of a recession as long as the great financial crisis and as deep as that seen in the early 1990s that is the big shock here.
This is a proper full fat recession now being predicted by the Bank, and at the same time a 42-year high in the rate of inflation. It is a textbook example of the combination of stagnation of the economy and high inflation - stagflation.
It obviously will raise questions as to why rates are being hiked into a recession, at a time when consumers are already pulling back from spending. The Bank's answer will be that rates are still low by historic standards, and they just cannot provide further fuel for these extraordinary but hopefully temporary high inflation rates, to last for years.
But make no mistake, a forecast such as this, would mean a wrecking ball to the forecasts for government borrowing. Forget about the £30bn room for manoeuvre or "fiscal headroom" we heard so much about.
With this level of energy shock, whoever is in power, would need to prepare further massive consumer support, and feasibly, rescue schemes for the energy sector too. I cannot recall the Bank of England predicting a recession of this length in advance of the event.
It is the sort of forecast that in other circumstances might have prompted an immediate emergency Budget. It may just upend all the plans we have heard so much about. | https://news.yahoo.com/uk-interest-rates-see-biggest-110123948.html | 2022-08-04T13:26:51Z | https://news.yahoo.com/uk-interest-rates-see-biggest-110123948.html | false | 2 |
ROME (AP) — Pope Francis has promoted a Vatican nurse whom he credited with saving his life to be his “personal health care assistant.”
The Vatican announced the appointment of Massimiliano Strappetti in a one-line statement issued Thursday. Strappetti, the nursing coordinator of the Vatican’s health department, accompanied Francis on a difficult trip to Canada last month.
Francis, 85, last year credited Strappetti with having accurately ascertained an intestinal problem that led to the pope’s 10-day hospital stay in July 2021 to remove 33 centimeters (13 inches) of his colon that had narrowed.
“A nurse, a man with a lot of experience, saved my life,” Francis told the COPE radio of the Spanish bishops’ conference in the months after his surgery.
Francis noted that Strappetti’s intervention was the second time a nurse had saved his life. A nurse in his native Argentina decided in 1957 to double the amount of drugs the future pope, then known as Jorge Mario Bergoglio, was prescribed after part of his lung was removed due to a respiratory infection, he recalled.
Francis has a personal physician, Dr. Roberto Bernabei, who was appointed last year. Bernabei is an internist and geriatric specialist at the Catholic University of the Sacred Heart in Rome.
The pontiff has had a series of health problems in the past year, most significantly strained ligaments in his right knee that sharply reduced his mobility. After months of magnetic and laser treatments, Francis can walk short distances with a cane or walker, though he also uses a wheelchair.
Strappetti was on hand to help with the wheelchair during Francis’ general audience Wednesday. He coordinates the nurses of the Vatican’s small health care system, which provides basic care for Vatican employees and their families.
Strappetti’s appointment was announced days after he and a doctor accompanied Francis on his weeklong “penitential pilgrimage” to Canada to atone for the Catholic Church’s role in the country’s residential schools for Indigenous children. Francis always travels with a doctor and nurse who are on call in case he has health problems. Strappetti, for example, was on hand when Francis issued his main apology and received a feathered headdress from Indigenous leaders.
On the flight home from the trip, Francis said he would have to slow down his future travels and maybe resign one day.
“This trip was a bit of a test. It’s true you can’t do trips in this state, maybe we have to change a bit the style, reduce, pay the debts of the trips that I still have to do and reorganize,” he said. But he added that “the door is open” to also resign if he can’t carry on. | https://www.keloland.com/news/healthbeat/ap-health/pope-promotes-vatican-nurse-credited-with-saving-his-life/ | 2022-08-04T13:27:07Z | https://www.keloland.com/news/healthbeat/ap-health/pope-promotes-vatican-nurse-credited-with-saving-his-life/ | true | 50 |
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Health-conscious purchasing impacts nearly every market, from Skincare to pet food. While, more than 90% of Gen X consumers are willing to pay more for sustainable products, up 42% from 2019.
SAN FRANCISCO and LONDON, Aug. 4, 2022 /PRNewswire/ -- While 2022 started with the pandemic primarily behind us, new challenges have emerged that again challenge retail buyers of consumer-packaged goods. Supply chain issues were the focus of Q2, along with the emergence of inflationary pressures. Health and healthier food categories sit beside convenience foods on the most searched lists in Q2, along with an unsurprising second quarter of top searches for pet food, CBD, and the seasonal re-emergence of sun protection and cooling.
Online retail product discovery and purchasing platform RangeMe analyzes user data from more than 15,000 retail buyers and around 200,000 suppliers to help report the latest trends. Results from its Retail Roundup: Q2 2022 report show that buyers are taking trends seriously and are planning ahead, having learned from supply chain issues and forthcoming inflation costs.
Searches in Q2 imply that consumer health trends are being heard by retailers. "Mushroom" was one of the top searches in Q2 as it's not only a tasty product used in increasing amounts of plant-based products, but mushrooms offer many health benefits as consumers continue to prioritize health. Across the U.S. and Europe other healthier food alternatives made the list, including retail buyer searches for salad dressing, pickles, okra, and dried chickpeas.
An increase in pet ownership over the course of the pandemic has led to growing demand for quality pet food and products, which is why "Cat Food" has made it on the top searches list. The lack of ingredients, packaging materials, and supply chain transportation issues, all led to a cat food shortage that impacted cat owners and the retailers they buy from in Q2. Wet cat food, especially, was difficult to find due to an aluminum shortage.
Continuing the health trend, searches for "Organic Skincare" have seen an increase along with an increase in "CBD" related products in the U.S. in particular. As we see the return of summer the usual searches for sun protection products like "Sunscreen" make the list again. On RangeMe alone, there are more than 1,130 brands selling more than 2,000 sunscreen products. Whether you're looking for a zinc-based, reef-safe spray, dermatologist-tested lotion, or tinted powder, the selection of SPF products is endless. There are even a few options for our furry friends.
"We're not going to sugarcoat it, 2022 has been another whirlwind of a year for the consumer packaged goods industry. Ongoing supply chain issues and rising inflation costs have kept suppliers and retail buyers on their toes, said Nicky Jackson, CEO of RangeMe. "This is why it's more important than ever to stay on top of emerging trends happening within the industry, to better equip your business for success through current circumstances, and we're happy we can provide insights to help."
What is perhaps more exciting to see again in Q2, as in Q1 of this year, is the continued interest in and increased search for diverse, minority, and LGBTQ certified businesses as well as the most popular buyer Collection this quarter, sustainability. Retailers left and right are implementing sustainability initiatives and declaring war on plastic and harmful ingredients by banning them from their stores completely. And on the brand side, sustainable products are beating their less eco-friendly competitors onto retail shelves time and time again.
More than 90% of Gen X consumers are willing to pay more for sustainable products, up 42% from 2019. Above all, consumers are giving their trust (and money) to retailers who are transparent about their efforts and moving in the right direction when it comes to sustainability.
RangeMe is the global industry standard tool for retail product discovery, sourcing, and purchasing. Suppliers can showcase their range, bring new products to market, increase brand visibility, and grow sales, while buyers use RangeMe to discover new products, search trends, purchase directly from the platform and communicate directly with brands.
RangeMe, an ECRM company, is the leading online platform that streamlines new product discovery between suppliers and retailers. The platform empowers retail buyers to efficiently discover innovative and emerging products, while streamlining the inbound product submission process. For product suppliers, RangeMe enables them to grow their retail relationships with a platform that gives them the tools to manage their products, market their brand, and build awareness. Now integrated into the ECRM product offering, RangeMe adds increased breadth and depth to the industry's most complete sourcing solution for top retailers and product suppliers in the US.
SOURCE RangeMe | https://www.prnewswire.com/news-releases/retail-roundup-q2-2022---latest-retail-report-shows-buyers-are-embracing-change-as-they-continue-to-navigate-supply-chain-pressures-301599712.html | 2022-08-04T13:29:41Z | https://www.prnewswire.com/news-releases/retail-roundup-q2-2022---latest-retail-report-shows-buyers-are-embracing-change-as-they-continue-to-navigate-supply-chain-pressures-301599712.html | false | 1 |
V.F. (NYSE:VFC – Get Rating) updated its FY 2023 earnings guidance on Thursday. The company provided EPS guidance of $3.05-$3.15 for the period, compared to the consensus EPS estimate of $3.34. The company issued revenue guidance of $12.67B-, compared to the consensus revenue estimate of $12.32 billion.
Analysts Set New Price Targets
Several brokerages have recently weighed in on VFC. Citigroup decreased their price target on shares of V.F. from $49.00 to $47.00 and set a maintains rating for the company in a research note on Friday, July 29th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of V.F. from $59.00 to $56.00 and set a maintains rating for the company in a research note on Monday. Stifel Nicolaus raised their target price on shares of V.F. from $42.00 to $43.00 in a research note on Wednesday, July 20th. UBS Group decreased their target price on shares of V.F. from $65.00 to $55.00 in a research note on Friday, May 13th. Finally, StockNews.com cut shares of V.F. from a hold rating to a sell rating in a research note on Monday. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, V.F. has an average rating of Hold and an average target price of $57.89.
V.F. Stock Up 1.0 %
VFC opened at $44.78 on Thursday. V.F. has a fifty-two week low of $43.08 and a fifty-two week high of $81.78. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.66 and a current ratio of 1.33. The company has a market capitalization of $17.40 billion, a P/E ratio of 17.42, a P/E/G ratio of 2.00 and a beta of 1.35. The stock has a fifty day moving average of $46.78 and a 200-day moving average of $53.25.
V.F. Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 20th. Investors of record on Monday, September 12th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date of this dividend is Friday, September 9th. V.F.’s dividend payout ratio (DPR) is presently 77.82%.
Insider Buying and Selling at V.F.
In other V.F. news, Director W Rodney Mcmullen bought 3,000 shares of the firm’s stock in a transaction on Tuesday, May 31st. The shares were purchased at an average price of $49.99 per share, for a total transaction of $149,970.00. Following the completion of the transaction, the director now directly owns 28,125 shares in the company, valued at approximately $1,405,968.75. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, Director W Rodney Mcmullen purchased 3,000 shares of V.F. stock in a transaction dated Tuesday, May 31st. The shares were bought at an average cost of $49.99 per share, for a total transaction of $149,970.00. Following the completion of the acquisition, the director now owns 28,125 shares in the company, valued at approximately $1,405,968.75. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Richard Carucci purchased 10,000 shares of V.F. stock in a transaction dated Tuesday, June 14th. The shares were purchased at an average price of $45.39 per share, for a total transaction of $453,900.00. Following the completion of the acquisition, the director now owns 107,493 shares of the company’s stock, valued at approximately $4,879,107.27. The disclosure for this purchase can be found here. Insiders have acquired a total of 16,000 shares of company stock worth $740,070 over the last 90 days. Insiders own 0.90% of the company’s stock.
Institutional Trading of V.F.
Several institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC lifted its stake in V.F. by 7.6% in the first quarter. Advisory Services Network LLC now owns 21,488 shares of the textile maker’s stock valued at $1,222,000 after buying an additional 1,520 shares during the period. Toroso Investments LLC lifted its stake in V.F. by 96.1% in the first quarter. Toroso Investments LLC now owns 13,183 shares of the textile maker’s stock valued at $750,000 after buying an additional 6,459 shares during the period. Capital Group International Inc. CA lifted its stake in V.F. by 0.7% in the first quarter. Capital Group International Inc. CA now owns 57,335 shares of the textile maker’s stock valued at $3,260,000 after buying an additional 375 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of V.F. by 2.1% during the first quarter. BNP Paribas Arbitrage SA now owns 108,579 shares of the textile maker’s stock worth $6,174,000 after purchasing an additional 2,262 shares during the period. Finally, Worldquant Millennium Advisors LLC acquired a new position in shares of V.F. during the first quarter worth approximately $4,074,000. 88.25% of the stock is currently owned by institutional investors.
About V.F.
V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work.
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HOUSTON, Aug. 04, 2022 (GLOBE NEWSWIRE) -- C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company, today announced that its Patriot Glass Solutions division has received a purchase order from a school in D’Hanis, TX, for a combination of its security window film, C-bond Secure, and vision control film.
C-Bond Secure is a glass strengthening primer and window film mounting solution that is used in conjunction with security film on architectural glass to deter forced entry and other crime. C-Bond Secure increases the strength of the underlying glass using patented nanotechnology and when used in conjunction with security window film, C-Bond Secure helps to prevent break-ins.
The school has also chosen to install vision control film, which is a highly reflective film to shield against areas of high visibility such as roads or parking lots.
“After the tragic shooting in Uvalde, this Texas school, which is only about a half hour away from Uvalde, quickly made the decision to install our security film products,” said Michael Wanke, President of Patriot Glass Solutions. “The interest we are seeing for our school safety solutions is unprecedented, and we hope to be able to assist as many schools as possible in Texas and across the country with improving school safety.”
Patriot Glass Solutions also offers C-Bond BRS, a ballistic-resistant film system that includes C-Bond’s patented glass strengthening technology and security film to help stop bullets from penetrating glass. C-Bond BRS is validated by an independent third-party laboratory to provide National Institute of Justice (NIJ) Level I, Level IIA, Level II, and Underwriters Laboratories (UL) 752 ballistic-resistant protection.
To see Patriot Glass Solutions’ security products in action, watch our video here: https://bit.ly/3l93oZV
For more information about Patriot Glass Solutions’ products, please call Patriot Glass Solutions at 844-602-2663 or email Michael Wanke at mike@patriotglasssolutions.com.
About C-Bond
C-Bond Systems, Inc. (OTC: CBNT) is a Houston-based nanotechnology company and marketer of the patented and patent-pending C-Bond technology, which is independently proven to strengthen glass in automotive and structural applications. The Company’s Transportation Solutions Group sells C-Bond nanoShield, a liquid solution applied directly to automotive windshields, primarily through distributors. The Company’s Patriot Glass Solutions sells ballistic-resistant glass solutions and forced entry deterrent solutions to private enterprises, schools, and government agencies, primarily through its majority-owned subsidiary, A1 Glass Coating. The Company also sells MB-10 Tablets and Vimoba Tablets, disinfection products on EPA’s List N. For more information, please visit our website: www.cbondsystems.com, Facebook: https://www.facebook.com/cbondsys/ and Twitter: https://twitter.com/CBondSys.
Forward-Looking Statements
Statements in this press release about our future expectations, including the likelihood that the Company hopes to be able to assist as many schools as possible in Texas and across the country with improving school safety, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from expected results. These risks and uncertainties include, without limitation, the Company’s ability to successfully commercialize its products; the effect of the COVID-19 global pandemic on the Company’s and its customers’ ability to operate; the Company’s and its customers’ ability to source materials; construction delays; the Company’s ability to raise capital; regulatory risks; as well as other risks. Additional information about these and other factors may be described in the Company’s filings with the Securities and Exchange Commission (“SEC”) including its Form 10-K filed on April 15, 2022, its Forms 10-Q filed on May 16, 2022, November 15, 2021, and August 16, 2021, and in future filings with the SEC. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law. | https://www.globenewswire.com/news-release/2022/08/04/2492387/0/en/C-Bond-Systems-Patriot-Glass-Solutions-Division-Receives-Purchase-Order-from-Another-Texas-School-for-Security-Film.html | 2022-08-04T13:34:28Z | https://www.globenewswire.com/news-release/2022/08/04/2492387/0/en/C-Bond-Systems-Patriot-Glass-Solutions-Division-Receives-Purchase-Order-from-Another-Texas-School-for-Security-Film.html | false | 5 |
TORONTO, Aug. 04, 2022 (GLOBE NEWSWIRE) -- ARHT Media Inc. ("ARHT Media" or “ARHT” or the "Company") [TSXV:ART], the global leader in the development, production and distribution of high-quality and low-latency hologram and digital content, announced today that Larry O’Reilly, the Company’s Chief Executive Officer will be attending and presenting at the upcoming Canaccord Genuity 42nd Annual Growth Conference being held at the Intercontinental Hotel in Boston, MA on August 8th – 11th, 2022. ARHT will host a group presentation on August 10th at 1:30PM ET and will conduct one-on-one meetings with Canaccord attending clients. For more information about the conference or to schedule a meeting with the Company, please contact your representative at Canaccord Genuity.
About ARHT Media
ARHT is a pioneer in the live hologram industry and their HoloPresence™ technology offers a complete end-to-end solution for the Capture, Transmission and Display of live holograms for in-person, hybrid, and online events. They have a range of hologram display solutions to suit multiple use cases, including a premium online presentation solution, the Virtual Global Stage™, and the largest global Holographic Telepresence network of hologram Capture and Display locations, ensuring a presenter can beam into a meeting or event as a live hologram from virtually anywhere in the world.
Connect with ARHT Media:
Twitter: http://www.twitter.com/ARHTmedia
Facebook: http://www.facebook.com/ARHTmediainc
LinkedIn: http://www.linkedin.com/company/arht-media-inc-
For more information, please visit www.arhtmedia.com or contact the investor relations group at info@arhtmedia.com.
ARHT Media trades under the symbol "ART" on the TSX Venture Exchange.
ARHT
Salman Amin
ARHT Media
samin@arhtmedia.com
This press release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, the intention to exercise convertible securities of the Company; disclosure related to the Company's sales funnel; the Company's technology; the potential uses for the Company's technology; the future planned events using the Company's technology; the future success of the Company; the ability of the Company to monetize the ARHT Media technology; the development of the Company's technology; and interest from parties in ARHT's products. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. | https://www.globenewswire.com/news-release/2022/08/04/2492399/0/en/ARHT-Media-to-Participate-at-Canaccord-Genuity-s-42nd-Annual-Growth-Conference.html | 2022-08-04T13:35:43Z | https://www.globenewswire.com/news-release/2022/08/04/2492399/0/en/ARHT-Media-to-Participate-at-Canaccord-Genuity-s-42nd-Annual-Growth-Conference.html | true | 1 |
Approximately Doubling Its Size
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an AI-technology company transforming the $22 billion Third-Party Administrator (TPA) market supporting self-funded employer health plans, today announced it has signed a definitive agreement to acquire Maestro Health ("Maestro"), a leading TPA servicing over 80 self-insured employers, based in Chicago, Illinois.
Highlights of the transaction include:
- At the closing the combined company will serve over 40,000 employee lives with expected combined proforma annual revenues of approximately $40 million in 2022.
- Significant cash of over $20 million on the combined balance sheet expected at closing, which is expected to finance the integration of the two companies.
- While up to date Maestro has posted substantial operating losses as it invested in growth, the joint company expects to target positive EBITDA within 18 months.
- Maestro's Clinical Management and Cost Containment in-house capabilities will enhance Marpai's ability to deliver better value to its clients and better health outcomes to its members.
- Purchase Price of $22.1 million is due in April 2024, but, subject to the Company meeting its obligations under the agreement, may be financed over four years by the seller.
Together, the companies will continue to provide innovative health plan administration for self-insured clients driven by technology.
"Maestro shares our vision on how to improve healthcare for employees and family members covered by self-insured plans," said Edmundo Gonzalez, CEO of Marpai. "There are tremendous revenue synergies. Maestro has in-house care management that helps members live healthier lives, and we intend to roll this out to the Marpai member base. The Maestro cost containment solutions will also be rolled out to our client base. Marpai's proactive match making of members to the best care will also be introduced to the Maestro client base."
The acquisition is expected to more than double Marpai's revenues (exclusive of third parties' share of revenues), number of customers and number of members it serves.
"We are committed to continue delivering the high level of customer service that both Maestro's and Marpai's customers are used to. We believe that this combination will create long-term benefits for our members, clients as well as our stockholders," said Gonzalez.
"Combining our TPA experience with Marpai is incredibly exciting. Over the last couple of years, we have made significant investments in cost containment and clinical solutions that are delivering outstanding results for our customers. Marpai brings deep TPA domain expertise, expanded discount network options and incredibly sophisticated approaches to data analytics," said Brandon Wood, CEO of Maestro Health. "The combined organization will help employers proactively provide benefits that are expected to lead to healthier and more satisfied member populations. This will be unmatched in the market."
The transaction is expected to close within 60 days, subject to completing certain regulatory notices and filings as well as satisfying certain other customary closing conditions.
Under the terms of the agreement, the purchase price of $22.1 million will be payable in cash on April 1, 2024. However, subject to the Company meeting its obligations under the agreement, this payment may be financed over four years by the seller with minimum annual cash payments, reflecting a 10% per annum cost of capital, of $5 million, $6 million, $8 million and $9 million which will be payable on December 31, 2024, 2025, 2026 and 2027, respectively. In addition, Marpai has agreed that a minimum of 35% of the net proceeds of any equity offering will be used to pre-pay its minimum payment obligations. Such payments will offset the minimum payments described above.
In addition, the parties have also agreed that Maestro's free cash position at closing will be $15.79 million and have also agreed that Maestro will have certain minimum working capital amounts at closing. The cash on the combined company's balance sheet, as well as synergies from the transaction, are expected to drive the joint company's plan of integration, which is expected to include a target of reaching positive EBITDA within 18 months.
Marpai management will discuss the transaction on the previously announced second quarter operating results conference call which is scheduled for Thursday, August 11 at 8:30 a.m. ET
The call can be accessed as follows:
Live Call: US: 1-866-652-5200 / CAN: 1-855-669-9657 / INT TOLL: 1-412-317-6060
Webcast: https://app.webinar.net/0EJlBnd6mVz
Marpai, Inc. (Nasdaq: MRAI) is a technology company bringing AI-powered health plan services to employers that directly pay for employee health benefits. Primarily competing in the $22B TPA (Third Party Administrator) sector serving self-funded employer health plans representing over $1T in annual claims, Marpai maximizes the value of the health plan as measured in health outcomes. Marpai takes a member-centric approach that uses AI and big data to connect members to health solutions predicted to have a high probability of positive outcomes and aims to bring value-based care to the self-insured market. With effective early intervention, disease management, claims processing and proactive member outreach, Marpai works to deliver the healthiest member population for the health plan budget. Operating nationwide, Marpai offers access to provider networks including Aetna and Cigna and all TPA services. For more information, visit www.marpaihealth.com.
Maestro is a Third-Party Administrator (TPA) for employee health and benefits servicing approximately 25,000 employee lives. Maestro offers end-to-end health plan solutions, integrating in-house care management and cost containment services. Maestro has over 80 customers in over 40 states with a 93% client retention rate, indicating high level of customer satisfaction. For more information, visit www.maestrohealth.com (link to Maestro's website does not constitute a part of this press release).
This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties, including statements regarding revenues, employee lives and cash. Forward-looking statements can be identified through the use of words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "guidance," "may," "can," "could", "will", "potential", "should," "goal" and variations of these words or similar expressions. For example, the Company is using forward looking statements when it discusses the expected timing of the closing of the transaction, the expected benefits to be derived from the combined businesses, the Company's belief that the combined company expects to target positive EBITDA within 18 months, the expected combined revenues of the companies, that the acquisition is expected to more than double its revenues, number of customers and number of members it serves, that the cash on the combined balance sheet expected at closing is expected to finance the integration of the two companies and that the combined organization will help employers proactively provide benefits that lead to healthier and more satisfied member populations. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect Marpai's current expectations and speak only as of the date of this release. Actual results may differ materially from Marpai's current expectations depending upon a number of factors. These factors include, among others, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business. Except as required by law, Marpai does not undertake any responsibility to revise or update any forward-looking statements whether as a result of new information, future events or otherwise. More detailed information about Marpai and the risk factors that may affect the realization of forward-looking statements is set forth in Marpai's filings with the Securities and Exchange Commission. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov.
View original content to download multimedia:
SOURCE Marpai | https://www.wdam.com/prnewswire/2022/08/04/marpai-acquire-maestro-health/ | 2022-08-04T13:36:45Z | https://www.wdam.com/prnewswire/2022/08/04/marpai-acquire-maestro-health/ | false | 13 |
China says it conducted “precision missile strikes” in the Taiwan Strait on Thursday as part of military exercises that have raised tensions in the region to their highest level in decades.
China earlier announced that military exercises by its navy, air force and other departments were underway in six zones surrounding Taiwan, which Beijing claims as its own territory to be annexed by force if necessary.
The drills were prompted by a visit to the island by U.S. House Speaker Nancy Pelosi this week and are intended to advertise China’s threat to attack the self-governing island republic. Along with its moves to isolate Taiwan diplomatically, China has long threatened military retaliation over moves by the island to solidify its de facto independence with the support of key allies including the U.S.
“Long-range armed live fire precision missile strikes were carried out on selected targets in the eastern area of the Taiwan Strait," the Eastern Theater Command of the People's Liberation Army, the ruling Communist Party's military wing, said in a statement on its social media platform.
“The expected outcome was achieved," it added. No other details were given.
Taiwan's Defense Ministry said it tracked the firing of Chinese Dongfeng series missiles beginning around 1:56 p.m. Thursday. It said in a statement it used various early warning surveillance systems to track the missile launches, which were directed at waters northeast and southwest of Taiwan.
The defense ministry also said they tracked long-distance rockets and ammunition firing in outlying islands in Matsu, Wuqiu and Dongyin.
Earlier during the day, Taiwan's Defense ministry said its forces were on alert and monitoring the situation, while seeking to avoid escalating tensions. Civil defense drills were held last week and notices were placed on designated air raid shelters months ago.
China's “irrational behavior" intends to alter the status quo and disrupt regional peace and stability, the ministry said.
“The three service branches will combine efforts with all the people to jointly safeguard national security and territorial integrity" while adapting to the situation as it develops, the statement said.
China’s official Xinhua News Agency reported the exercises were joint operations focused on “blockade, sea target assault, strike on ground targets, and airspace control.”
Ma Chen-kun, a professor at Taiwan’s National Defense University, said the drills were aimed at showing off the Chinese military’s ability to deploy precision weapons to cut off Taiwan’s links with the outside and facilitate the landing of troops.
The announced drills are “more complete, and if the People’s Liberation Army actually invades Taiwan in an all-out invasion, the concrete actions it will take, it’s all in this particular exercise,” Ma said.
“The main thing is they will cut off Taiwan’s links to the outside world, from their sea, they would suppress the coastal defense firepower,” he said.
Meanwhile, the mood in Taiwan was calm.
In Keelung, a city on the northern coast of Taiwan and close to two of the announced drill areas, swimmers took their morning laps in a natural pool built in the ocean.
Lu Chuan-hsiong, 63, was enjoying his morning swim, saying he wasn't worried. “Because Taiwanese and Chinese, we’re all one family. There’s a lot of mainlanders here, too,” he said.
“Everyone should want money, not bullets,” he quipped, saying the economy wasn't doing so well.
Those who have to work on the ocean were more concerned. Fishermen are likely to be the most affected by the drills, which cover six different areas surrounding Taiwan, part of which come into the island's territorial waters.
Most fishermen will continue to try to fish, as it is the season for squid.
“It's very close. This will definitely impact us, but if they want to do this, what can we do? We can just avoid that area,” said Chou Ting-tai, who owns a fishing vessel.
While the U.S. has not said it would intervene, it has bases and forward-deployed assets in the area, including aircraft carrier battle groups.
On Thursday, the U.S. Navy said its USS Ronald Reagan aircraft carrier was operating in the Philippine Sea, east of Taiwan, as part of “normal scheduled operations."
U.S. law requires the government to treat threats to Taiwan, including blockades, as matters of “grave concern."
The drills are due to run from Thursday to Sunday and include missile strikes on targets in the seas north and south of the island in an echo of the last major Chinese military drills aimed at intimidating Taiwan's leaders and voters held in 1995 and 1996.
While China has given no word on numbers of troops and military assets involved, the exercises appear to be the largest held near Taiwan in geographical terms.
The exercises involved troops from the navy, air force, rocket force, strategic support force and logistic support force, Xinhua reported.
© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. | https://www.newsmax.com/newsfront/china-taiwan-military-exercises/2022/08/04/id/1081702/ | 2022-08-04T13:39:17Z | https://www.newsmax.com/newsfront/china-taiwan-military-exercises/2022/08/04/id/1081702/ | false | 15 |
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ROSS COUNTY, Ohio — Following the theft of an ATV and a subsequent pursuit, three individuals face criminal charges. The Ross County Sheriff’s Office was notified on July 27 of a possible stolen ATV in the area of the Huntsman Market on Route 772 south of Chillicothe. According...
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Two dead, three injured after shooting at Far South Side bar
COLUMBUS, Ohio (WCMH) – Two people are dead and at least three others injured Monday night after a shooting at a bar on the Far South Side. According to Columbus police, the shootout with multiple people involved was reported outside of the Old Landmark bar on the 100 block of Rumsey Road at approximately 9:40 p.m.
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Man Arrested After Stabbing Incident in Union County
An Illinois man was arrested after a stabbing incident in Union County this past Sunday. According to the Daily Media Release from the Union County Sheriff’s Office, deputies were dispatched to the 34,000 block of Shertzer Road to investigate. The Southeast Hardin Northwest Union Joint Fire District and EMS...
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Columbus man found guilty in 2 murders sentenced to 86 years to life in prison
COLUMBUS, Ohio (WSYX) — A Columbus man who was found guilty in two separate murders that took place in 2020 was sentenced Tuesday. Rashad Short was sentenced to 86 years to life in prison after a jury convicted him in the 2020 shooting deaths of Jordan Gray and Dante McCormick, according to Franklin County Prosecuting Attorney Gary Tyack's office.
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Officer involved in car accident while responding to separate scene
Columbus, Ohio (WSYX) — An officer was involved in an accident in north Columbus Tuesday morning while responding to a call. The incident happened near Easton, at the intersection of Morse and Sunbury Road around 11 a.m. Officials said the officer was responding to a car accident when she...
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Pickaway Co. home invasion ends with intruder dead
The Scioto Post reported recently that a man was shot and killed after he invaded a Pickaway Co. home just before midnight. According to the report on July 14, 2022 at 2338 hours, Sheriff’s department was dispatched to 10565 Thrailkill Road on a shooting and a suspected burglar in the residence. Dispatch advised that the caller stated someone had gained entry into their home and did not know if he had weapons. The caller described the intruder as a larger black male. The caller stated they would be upstairs in their bedroom until law enforcement arrives on the scene.
Police: 2 men dead, 3 injured in shooting outside of south Columbus bar
COLUMBUS, Ohio — Two men are dead and three others were injured after police said multiple shooters were involved in a shooting outside of a south Columbus bar Monday night. Columbus Police Chief Deputy Smith Weir said officers were called to the Old Landmark bar on Rumsey Road around 9:40 p.m.
Springfield police issue warning about recent uptick in ATV, recreational vehicle thefts
SPRINGFIELD — Springfield Police Division investigators are warning the community about a recent uptick in ATV and recreational vehicle thefts. Police have taken several reports of stolen ATVs and recreational vehicles within the city, according to police. “Thieves are taking the vehicles from sheds, yards and carports” police said....
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Father of son fatally shot in Franklin County: 'Please just turn yourself in'
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Five Shot, Two Dead in Columbus Shooting
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Two people attacked while taking a walk in Ross Co.
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Two people killed, three injured in south Columbus shooting
Two people are dead and three others injured after a Monday evening shooting on Columbus’ far south side that police say involved at least two shooters. The shooting happened outside the Landmark bar in the 100 block of Rumsey Road. Police did not immediately detail the circumstances leading to the shooting. As of early Tuesday morning police had not announced any suspects or possible motives.
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PITTSBURGH (KDKA) — Two people were killed and three others were injured after a shooting in Ohio.The shooting happened Monday around 10 p.m. outside of a bar near Columbus. The victims were men ages 34 and 53, according to a preliminary police report obtained by The Columbus Dispatch. There are no suspects at this time, though police said it appeared there may have been multiple shooters and it could have possibly been a shootout, The Columbus Dispatch reports.
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Princess Charlotte stole the show during a rare outing alongside her parents Prince William and Kate Middleton earlier this week.
As she joined her doting mum and dad while on a visit to the Commonwealth Games, seven year old Charlotte could be seen showing off her cheeky side by sticking her tongue out as she cheered on the competitors at the Sandwell Aquatics Centre.
And as she got stuck into the celebrations, Prince William could be seen laughing and joking with his daughter and at one point was pictured comforting Charlotte as they supported the athletes.
According to one royal expert, 40 year old William’s informal interactions with Charlotte are a legacy from his late mother Princess Diana.
In an exclusive interview with OK!, Grant Harrold, a former butler to Prince Charles, William and Harry, says that the Duke of Cambridge’s parenting style is a reflection of his upbringing.
“Looking at how William interacted with Charlotte at the Commonwealth Games, you wouldn’t have really seen that with his parents. It’s something he’d have done with his mum, but less so with his father. It wasn’t what the royals did,” he says.
“The fact that he’s more than happy to interact with Charlotte and show his fun side in a public place while on a royal engagement shows that he’s proving to his children that they can be fun and live a somewhat normal life despite their status.”
Grant adds that having a relatively ‘normal’ upbringing was something that Prince Charles and Diana were keen on giving their two sons, too.
“I’m sure he and Kate will have told their children that they can’t do some things, like pick their noses, because the world is watching them but at the time neither of them want to stop their kids being kids.
“When I worked with William, his parents were keen on him having a ‘normal’ upbringing so it’s clear that that’s something that is important for his own children.”
He adds: “Looking at William and Kate with their children is like looking back to William when he was a child.”
While royal fans may have seen a more affectionate side to William and Kate in recent years as they show off their parenting skills in public, Grant admits that who William is in public is a reflection of who he is away from the spotlight.
“He is very protective but he’s also a lot of fun and is very down to earth. He’s got a good sense of humour, too. For him, family is everything,” he says.
But now that William and Kate have a family of their own, the couple have shown that they’re not entirely afraid to do things a little bit differently.
“William’s parenting is very different to the Queen and Charles’ own styles. For example, the Queen wouldn’t take Charles on royal tours,” Grant explains.
“For the Queen it was difficult because she was the Queen but William doesn’t have the same pressures on him so he can be more hands on. As he begins to step up in his role, things might change but for the time being he still has time to have his own private life.”
But away from his parenting style, Grant adds that William mirrors his mother in other ways, too, something which has allowed him to become an approachable figure.
“When Diana was alive, she and William had a very close relationship and he spent a lot of time with his mother and father,” he says.
“William would’ve seen his mother interact with people and known what a difference it makes to go up to people and give them a hug, to hold their hand or to talk to them on a one-to-one level. Whether it’s intentional or not, it’s a reflection of how he was brought up.”
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Get all the latest royal updates straight to your inbox with OK!'s weekly Royal newsletter | https://www.ok.co.uk/royal/prince-william-parenting-style-diana-27658414 | 2022-08-04T13:41:20Z | https://www.ok.co.uk/royal/prince-william-parenting-style-diana-27658414 | true | 1 |
TriNet PeopleForceX Event For Austin's Small And Medium-Size Business Leaders Tuesday, August 16
Published: Aug. 4, 2022 at 9:15 AM EDT|Updated: 26 minutes ago
Panel Discussion Centered Around Harvard Business Review Analytic Services Survey in Association with TriNet: How To Make Your Business More Resilient
DUBLIN, Calif., Aug. 4, 2022 /PRNewswire/ --
About TriNet TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service HR solutions tailored by industry. To free SMBs from HR complexities, TriNet offers access to human capital expertise, benefits, risk mitigation and compliance, payroll, all enabled by industry leading technology capabilities. TriNet's suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, Benefits, Employee Engagement, Payroll and Time & Attendance. From Main Street to Wall Street, TriNet empowers SMBs to focus on what matters most—growing their business and enabling their people. TriNet, incredible starts here. For more information, visit TriNet.com or follow us on Twitter.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wilx.com/prnewswire/2022/08/04/trinet-peopleforcex-event-austins-small-medium-size-business-leaders-tuesday-august-16/ | 2022-08-04T13:41:22Z | https://www.wilx.com/prnewswire/2022/08/04/trinet-peopleforcex-event-austins-small-medium-size-business-leaders-tuesday-august-16/ | true | 53 |
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Disclaimer : The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook editorial. | https://www.outlookindia.com/outlook-spotlight/-alert-keto-blast-gummies-reviews-shark-tank-gummy-bears-exposed-what-real-price--news-214209 | 2022-08-04T13:42:37Z | https://www.outlookindia.com/outlook-spotlight/-alert-keto-blast-gummies-reviews-shark-tank-gummy-bears-exposed-what-real-price--news-214209 | true | 1 |
By JOHNSON LAI and HUIZHONG WU | Associated Press
KEELUNG, Taiwan — China conducted “precision missile strikes” Thursday in the Taiwan Strait and in the waters off the eastern coast of Taiwan as part of military exercises that have raised tensions in the region to their highest level in decades.
China earlier announced that military exercises by its navy, air force and other departments were underway in six zones surrounding Taiwan, which Beijing claims as its own territory to be annexed by force if necessary.
Five of the missiles fired by China landed inside Japan’s Exclusive Economic Zone off its coast, Japanese Defense Minister Nobuo Kishi said. He said Japan protested the missile landings to China as “serious threats to Japan’s national security and the safety of the Japanese people.”
The drills were prompted by a visit to the island by U.S. House Speaker Nancy Pelosi this week and are intended to advertise China’s threat to attack the self-governing island republic. Along with its moves to isolate Taiwan diplomatically, China has long threatened military retaliation over moves by the island to solidify its de facto independence with the support of key allies including the U.S.
China fired long-range explosive projectiles, the Eastern Theater Command of the People’s Liberation Army, the ruling Communist Party’s military wing, said in a statement. It also said it carried out multiple conventional missile launches in three different areas in the eastern waters off Taiwan. An accompanying graphic on state broadcaster CCTV showed those occurred in the north, east, and south.
“All missiles hit the target accurately,” the Eastern Theater said in its announcement. No further details were given.
Taiwan’s Defense Ministry said it tracked the firing of Chinese Dongfeng series missiles beginning around 1:56 p.m. Thursday. It said in a statement it used various early warning surveillance systems to track the missile launches. It later said it counted 11 Dongfeng missiles in the waters in the north, east and south.
The ministry also said it tracked long-distance rockets and ammunition firing in outlying islands in Matsu, Wuqiu and Dongyin.
Earlier during the day, Taiwan’s Defense ministry said its forces were on alert and monitoring the situation, while seeking to avoid escalating tensions. Civil defense drills were held last week and notices were placed on designated air raid shelters months ago.
China’s “irrational behavior” intends to alter the status quo and disrupt regional peace and stability, the ministry said.
“The three service branches will combine efforts with all the people to jointly safeguard national security and territorial integrity” while adapting to the situation as it develops, the statement said.
China’s official Xinhua News Agency reported the exercises were joint operations focused on “blockade, sea target assault, strike on ground targets, and airspace control.”
Ma Chen-kun, a professor at Taiwan’s National Defense University, said the drills were aimed at showing off the Chinese military’s ability to deploy precision weapons to cut off Taiwan’s links with the outside and facilitate the landing of troops.
The announced drills are “more complete” than previous exercises, he said.
“If the People’s Liberation Army actually invades Taiwan in an all-out invasion, the concrete actions it will take, it’s all in this particular exercise,” Ma said.
“The main thing is they will cut off Taiwan’s links to the outside world, from their sea, they would suppress the coastal defense firepower,” he said.
Meanwhile, the mood in Taiwan was calm.
In Keelung, a city on the northern coast of Taiwan and close to two of the announced drill areas, swimmers took their morning laps in a natural pool built in the ocean.
Lu Chuan-hsiong, 63, was enjoying his morning swim, saying he wasn’t worried. “Because Taiwanese and Chinese, we’re all one family. There’s a lot of mainlanders here, too,” he said.
“Everyone should want money, not bullets,” he quipped, saying the economy wasn’t doing so well.
Those who have to work on the ocean were more concerned. Fishermen are likely to be the most affected by the drills, which cover six different areas surrounding Taiwan, part of which come into the island’s territorial waters.
Most fishermen will continue to try to fish, as it is the season for squid.
“It’s very close. This will definitely impact us, but if they want to do this, what can we do? We can just avoid that area,” said Chou Ting-tai, who owns a fishing vessel.
While the U.S. has not said it would intervene, it has bases and forward-deployed assets in the area, including aircraft carrier battle groups.
On Thursday, the U.S. Navy said its USS Ronald Reagan aircraft carrier was operating in the Philippine Sea, east of Taiwan, as part of “normal scheduled operations.”
Secretary of State Antony Blinken addressed the drills Thursday saying, “I hope very much that Beijing will not manufacture a crisis or seek a pretext to increase its aggressive military activity. We countries around the world believe that escalation serves no one and could have unintended consequences that serve no one’s interests.”
U.S. law requires the government to treat threats to Taiwan, including blockades, as matters of “grave concern.”
The drills are due to run from Thursday to Sunday and include missile strikes on targets in the seas north and south of the island in an echo of the last major Chinese military drills aimed at intimidating Taiwan’s leaders and voters held in 1995 and 1996.
On the diplomatic front, China canceled a foreign ministers’ meeting with Japan to protest a statement from the Group of Seven nations that there is no justification for the exercises. Both ministers are attending a meeting of the Association of Southeast Asian Nations in Cambodia.
“Japan, together with other members of the G-7 and the EU, made an irresponsible statement accusing China and confounding right and wrong,” Chinese Foreign Ministry spokesperson Hua Chunying said in Beijing.
While China has given no word on numbers of troops and military assets involved, the exercises could be the largest held near Taiwan in geographical terms, experts have said.
The exercises involved troops from the navy, air force, rocket force, strategic support force and logistic support force, Xinhua reported.
___
AP writer David Rising in Phnom Penh, Cambodia, contributed to this report. | https://www.whittierdailynews.com/2022/08/04/china-conducts-precision-missile-strikes-in-taiwan-strait/ | 2022-08-04T13:42:45Z | https://www.whittierdailynews.com/2022/08/04/china-conducts-precision-missile-strikes-in-taiwan-strait/ | false | 28 |
TAMPA, Fla. (AP) _ Lazy Days Holdings, Inc. (LAZY) on Thursday reported second-quarter earnings of $31.8 million.
On a per-share basis, the Tampa, Florida-based company said it had profit of 81 cents. Earnings, adjusted for non-recurring gains, came to 22 cents per share.
The company posted revenue of $373.6 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LAZY at https://www.zacks.com/ap/LAZY | https://www.registercitizen.com/business/article/Lazy-Days-Holdings-Q2-Earnings-Snapshot-17350888.php | 2022-08-04T13:44:27Z | https://www.registercitizen.com/business/article/Lazy-Days-Holdings-Q2-Earnings-Snapshot-17350888.php | false | null |
BISMARCK, N.D. (AP) _ MDU Resources Group Inc. (MDU) on Thursday reported second-quarter earnings of $70.7 million.
On a per-share basis, the Bismarck, North Dakota-based company said it had profit of 35 cents.
The energy, mining, construction and utilities company posted revenue of $1.72 billion in the period.
MDU Resources expects full-year earnings to be $1.75 to $1.90 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDU at https://www.zacks.com/ap/MDU | https://www.registercitizen.com/business/article/MDU-Resources-Q2-Earnings-Snapshot-17350848.php | 2022-08-04T13:44:33Z | https://www.registercitizen.com/business/article/MDU-Resources-Q2-Earnings-Snapshot-17350848.php | true | null |
BOSTON (AP) — The Christian flag that became the focus of a free speech legal battle that went all the way to the Supreme Court was raised — briefly — outside Boston City Hall on Wednesday to cheers and songs of praise.
The flag-raising took place about three months after the Supreme Court in a unanimous decision ruled the city discriminated against Harold Shurtleff and his Camp Constitution group because of his “religious viewpoint” when it refused permission for him to fly the banner on City Hall Plaza on Constitution Day 2017.
“We’re so pleased for this day,” Shurtleff, a Boston native, said at a ceremony to raise the white flag, which has a red cross on a blue background in the upper left corner.
“We have a great Constitution, and we have a wonderful First Amendment, but just like when it comes to muscles, if you don’t use it, they get weak,” he said. “When I got the rejection email from the city, and it said separation of church and state, I knew we had a case.”
There are three flagpoles outside City Hall that fly the U.S., Massachusetts and Boston flags. The city flag is sometimes taken down and temporarily replaced with another.
The city between 2005 and 2017 approved 284 consecutive applications to fly flags, with no denials before it rejected Shurtleff’s proposal, according to Liberty Counsel, which represented Shurtleff.
The only reason it was denied was because the word “Christian” was on his application, and he was told to replace the word if he wanted approval, Mat Staver, Liberty Counsel’s founder and chair, said Wednesday.
City Hall Plaza “is for the people to be able to represent their views and perspectives without government telling them that they can’t,” said Jonathan Alexandre, Liberty Counsel’s senior counsel for government affairs. “And if they open it up to one group, they must open it up to every other group.”
The flag was up for about two hours Wednesday before Camp Constitution took it down, both the city and Liberty Counsel confirmed.
The Supreme Court case revolved around whether the flag-raisings were an act of the government or private parties.
“Boston did not make the raising and flying of private groups’ flags a form of government speech,” the court wrote in the ruling. “That means, in turn, that Boston’s refusal to let Shurtleff and Camp Constitution raise their flag based on its religious viewpoint” curtailed their First Amendment free speech rights.
The city had no written policies or clear internal guidance about flag-raising, Liberty Counsel said.
That may soon change. Three City Councilors, with the support of Mayor Michelle Wu, filed an ordinance Tuesday to update the process for raising flags.
“Under the new process, a City Council resolution or mayoral proclamation will be required for a flag to be raised,” they said in a statement. “The proposed ordinance will enable the city to continue to celebrate flag raisings while complying with the recent U.S. Supreme Court decision on the city’s previous process, which clarified the affirmative role required of the city government in maintaining the flag pole as a site for expressing the city’s values and ideals.” | https://fox5sandiego.com/news/world-news/ap-international/christian-flag-in-speech-battle-flies-briefly-over-boston/ | 2022-08-04T13:45:31Z | https://fox5sandiego.com/news/world-news/ap-international/christian-flag-in-speech-battle-flies-briefly-over-boston/ | false | 50 |
SAN DIEGO (AP) — Juan Soto arrived at Petco Park promising to bring “good vibes” to the San Diego Padres and issuing a warning to opposing teams.
The acquisition of the 23-year-old generational talent in perhaps the biggest deadline deal ever energized the Padres and their long-suffering fans, and there’s more to come.
Soto and Josh Bell on Wednesday joined a lineup currently anchored by All-Star slugger Manny Machado. Star shortstop Fernando Tatis Jr. is expected to return from a broken left wrist within a few weeks.
When that lineup hits the field, “It’s going to be really exciting. It’s going to be really tough to go through and I wish good luck to the other pitchers,” Soto said with a laugh at an introductory news conference.
The Colorado Rockies needed it in their first look at the new Padres on Wednesday night.
Soto, acquired from Washington in a massive trade along with switch-hitting first baseman Josh Bell, walked on four pitches in his first at-bat. Machado doubled behind him, Bell also walked and then lesser-known deadline pickup Brandon Drury — acquired from Cincinnati amid a breakout season — crushed a grand slam. The Padres went on to win 9-1.
The group posed together for a Polaroid photo in the dugout after rounding the bases — the signature celebration for the club known as Slam Diego.
The price for Soto and Bell was significant: rookie left-hander MacKenzie Gore, first baseman/DH Luke Voit and prospects James Wood, C.J. Abrams, Robert Hassell III and Jarlin Susana.
Washington general manager Mike Rizzo set a lofty asking price last month after reports emerged that Soto rejected the team’s latest contract offer of $440 million over 15 years.
The uncertainty over his future began weighing on Soto, who said after Sunday’s game against St. Louis: “I just want to get it over with and see what’s going to happen. Start over here or wherever I’m at.”
That place is San Diego, where the Padres entered Wednesday holding the NL’s second wild-card spot while trailing the Los Angeles Dodgers by 11 1/2 games in the NL West.
Soto, one of the game’s best young hitters, said he was happy Bell was included in the trade. The two were flown to San Diego on a private jet Tuesday night.
“For me, I never realized I was going to be traded together. I was thinking probably by myself,” Soto said. “When I realized I was coming with Josh, we have a great relationship and I was more excited and more pumped because he’s coming and I know what kind of guy he is and what he brings to the table. I’m more than excited to share another clubhouse with him.”
Soto contributed to the Nationals’ first World Series title in 2019 and then hit .351 in 2020 to win the NL batting title. He’s in his second straight All-Star season, and now he and Bell have joined a team whose playoff chances vaulted big-time.
Soto said all the conversations with Padres general manager A.J. Preller and his new teammates have been, ’’Let’s win, let’s bring the good energy to the clubhouse and the stadium, just come here and try to win. Try to bring my experience from 2019 as a World Series champ to here in San Diego.
“That’s what I’m going to do, that’s what I have in my mind since I saw the trade yesterday. That’s what we’re going to try to do, try to make it all the way to the last team standing.”
Soto thinks he’s joining a World Series contender.
“Yeah, definitely,” he said. “This team has everything that it needs to win a World Series.”
San Diego last played in the World Series in 1998, when it was swept by the New York Yankees.
Soto is under contract for two seasons beyond this year and said he’s not thinking about anything after that.
“I’m just thinking about winning,” he said. “I’m just coming to this clubhouse to bring the energy that I have, all the good vibes that I have to bring here, to win.”
Soto and Bell are coming from the team with baseball’s worst record to one that has vaulted its postseason chances.
“It feels really nice,” Soto said. “It feels really pumped to be here. Just go from a team that has no chance to come all the way here, it’s a great feeling, a new vibe, it’s a new start for me. It’s a new start, a new feeling to go out there and give more than I have.”
Said Bell: “Obviously we pour our hearts and souls into this game no matter where we are. … But it’s a little bit extra fuel in the fire to be here and to be in the hunt and to have a reason to show up a little bit earlier every day to get the work done that we need to get done. I’m definitely pumped to have a new opportunity here.”
Soto and Tatis, who’s also 23, have known each other since playing together in the Dominican Prospect League.
“That’s my boy, my hometown boy,” Tatis said on Tuesday. “I mean, we played together since we were 15, 16. And now we’re on the same team. It’s crazy.”
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw39.com/sports/ap-sports/juan-soto-promises-to-bring-good-vibes-winning-to-padres/ | 2022-08-04T13:47:46Z | https://cw39.com/sports/ap-sports/juan-soto-promises-to-bring-good-vibes-winning-to-padres/ | false | 43 |
UNITED NATIONS (AP) — The United Nations chief sharply criticized the “grotesque greed” of oil and gas companies on Wednesday for making record profits from the energy crisis on the back of the world’s poorest people, “while destroying our only home.”
Secretary-General Antonio Guterres said it was “immoral” that the largest energy companies in the first quarter of the year made combined profits of close to $100 billion.
He urged all governments to tax these excessive profits “and use the funds to support the most vulnerable people through these difficult times.”
Guterres urged people everywhere to send a message to the fossil fuel industry and their financiers that “this grotesque greed is punishing the poorest and most vulnerable people, while destroying our only common home, the planet.”
The secretary-general spoke at the news conference launching a report by the Global Crisis Response Group he set up to tackle the triple interconnected crises of food, energy and finance which have especially hit countries trying to recover from the COVID-19 pandemic and deal with the devastating impact of the war in Ukraine.
Guterres told reporters that “we are seeing excessive, scandalous profits of the oil and gas industry in a moment in which all of us are losing money” because of inflation around 7-8%. And “nothing will be more popular than to tax the excessive profits … and to distribute that money to the most vulnerable families,” he said.
The crisis group has already presented recommendations on food and finance and Guterres said he believes “we are making some progress” in those areas, especially on food.
The report released Wednesday focuses on the energy crisis, and the secretary-general said it aims to achieve the equivalent of the grain deal he first proposed to the Russian and Ukrainian presidents to enable Ukrainian grain to be shipped from Russian-blockaded ports on the Black Sea to world markets in desperate need of food supplies. The first ship to leave Ukraine was headed to Lebanon Wednesday after a three-hour inspection in Turkish waters.
Guterres said speculators and obstacles to getting grain and fertilizers to global markets during the Ukraine war sent food prices soaring. But since negotiations on the grain deal “gained traction,” he said, there has been “a significant fall” and today prices of most foodstuffs and fertilizers are more or less at their pre-war prices.
“But that doesn’t mean that bread in the bakery is at the same price before the war, because these are quotations in wholesale markets, some of them related to futures,” he said, and there are a lot of other factors contributing to rising prices including transportation and insurance costs and supply chain disruptions.
U.N. trade chief Rebeca Grynspan, who coordinated the crisis group, said wheat prices are down almost 50% from their peak, corn and fertilizer prices have dropped almost 25% in the past month and crude oil is now around $93 a barrel compared to $120 dollars a barrel in June. “Only natural gas has bucked the trend and is still higher than a month ago,” she told reporters by video from Geneva.
Falling prices are “good news,” Grynspan said, but they have been high for too long and since June forecasts for extreme poverty have risen by 71 million people and forecasts for food insecurity by 47 million.
In another key recommendation, the crisis group urges richer developed countries, especially, to conserve energy including by reducing air conditioning and heating use and by promoting public transport “and nature-based solutions.”
Guterres said new technologies including storage for batteries “should become public goods,” and governments must scale up and diversify supply chains for raw materials and renewable energy technologies.
The group also recommends scaling up private and multilateral finance for “the green energy transition.” And it backed the International Energy Agency’s goal of increasing investments in renewable energy by a factor of seven to meet the goal of cutting greenhouse gas emissions to “net zero” by 2050 to help curb man-made climate change.
“Today, developing countries are spending around $150 billion on clean energy,” said Grynspan, the secretary-general of the United Nations Conference on Trade and Development. “They need to spend $1 trillion in investments.” | https://fox5sandiego.com/news/world-news/ap-international/un-chief-criticizes-grotesque-greed-of-oil-companies/ | 2022-08-04T13:48:04Z | https://fox5sandiego.com/news/world-news/ap-international/un-chief-criticizes-grotesque-greed-of-oil-companies/ | true | 55 |
Win weekly giveaways all month long and a chance to meet Chris Lane
CHRIST CHURCH, Barbados, Aug. 4, 2022 /PRNewswire/ -- Gildan®, a leading apparel brand of quality, affordable basics from t-shirts to underwear, is celebrating National Underwear Day (Aug. 5) with a prize-packed sweepstakes. Participants can win weekly giveaways all month long, plus an ultimate prize featuring concert tickets and a personal meet and greet with country music star, Chris Lane. This is Gildan®'s third annual National Underwear Day celebration, which provides the perfect platform to surprise and delight customers and the community.
"Whether I'm on tour, performing on stage or at home with my wife and son, I want to feel comfortable and confident," said Lane. "What is great about Gildan is they have all the basics you need for a quality and classic look, including my favorite underwear. I'm excited to celebrate National Underwear Day with Gildan® as they offer families and those in need quality everyday basics."
Every Friday in August, Gildan® will award five lucky winners an exclusive men's prize pack of underwear, undershirts, tanks and socks via its Instagram channel. Interested participants can enter to win by completing three simple steps:
- Follow @gildanonline on Instagram
- Like the weekly Friday Instagram post
- Tag a friend on the weekly Friday Instagram post
Gildan is also offering the chance to win concert tickets and a personal meet and greet with Chris Lane. This ultimate prize includes a roundtrip airfare, accommodations, exclusive Lane merchandise and a Gildan® prize pack of assorted products for the winner and one guest. For full entry details, visit gildanmusic.com, starting Friday, August 5, 2022. Participants can enter up to once per day through Wednesday, August 31, 2022.
Beyond connecting with fans across America, Gildan® is extending its National Underwear Day celebration to support neighbors in need. They are donating 3,000 pieces of essential underwear, undershirts and socks to The Laundry Stop, a charity important to Lane. This charity provides free laundry services and apparel to those without access in Nashville, Tennessee.
"On National Underwear Day, and every day, we are committed to helping supply communities with clean everyday essentials many of us take for granted," said Chuck Ward, President of Sales, Marketing and Distribution of Gildan. "We are thrilled to be partnering with Chris Lane for our favorite holiday to support a community in need while surprising our customers and giving one fan a once-in-a-lifetime opportunity."
For more information on Gildan, visit gildanbrands.com, and for a full list of sweepstakes rules and regulations, visit gildanmusic.com.
Gildan® is a market leading brand with an unbeatable collection of casual essentials in sizes, silhouettes and an array of colors to suit any need. Gildan® is a brand committed to quality you can trust, value you can depend on. The Gildan® product line includes t-shirts, sport shirts, fleece, socks and underwear in a variety of fabrications, from ring spun cotton to 100% polyester. Whether you're looking for core colors or fashionable antiques and heathers, Gildan's palette offers tons of opportunities to match any color scheme. Gildan® makes it easy to find the right garments to fit your needs.
Gildan® is a brand owned by Gildan, which is a leading manufacturer of everyday basic apparel. The Gildan Company owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America and Bangladesh. The Company operates with a strong commitment to industry-leading labor, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in its long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at gildancorp.com.
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SOURCE Gildan | https://www.kwtx.com/prnewswire/2022/08/04/gildan-launches-national-underwear-day-campaign-partnership-with-chris-lane/ | 2022-08-04T13:48:38Z | https://www.kwtx.com/prnewswire/2022/08/04/gildan-launches-national-underwear-day-campaign-partnership-with-chris-lane/ | true | 11 |
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