text stringlengths 2 190k | url stringlengths 22 593 | crawl_date timestamp[us, tz=UTC]date 2022-04-01 00:00:56 2022-09-19 05:15:05 | id stringlengths 22 593 | label bool 2 classes | minhash_count stringclasses 349 values |
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Burgers, bar menus and things to do in Brunswick Co.
Wilmington StarNews
In this week's news for all of us Port City Lifers out there, we have a couple of ideas for how you can enjoy these first days of August. One, you can enjoy a bite to eat with a cocktail. (Check out our ideas of budget friendly places below). Or you can take in one of the area's oldest burger spots. Or you can get out and enjoy the activities taking place in and around Brunswick County. Read more here. | https://www.starnewsonline.com/story/special/2022/08/04/pcl-newsletter/10239550002/ | 2022-08-04T21:36:53Z | https://www.starnewsonline.com/story/special/2022/08/04/pcl-newsletter/10239550002/ | false | null |
Alex Jones ordered to pay Sandy Hook parents more than $4M
AUSTIN, Texas (AP) — A Texas jury on Thursday ordered conspiracy theorist Alex Jones to pay more than $4 million in compensatory damages to the parents of a 6-year-old boy who was killed in the Sandy Hook Elementary School massacre, marking the first time the Infowars host has been held financially liable for repeatedly claiming the deadliest school shooting in U.S. history was a hoax.
The Austin jury must still decide how much the Infowars host must pay in punitive damages to Neil Heslin and Scarlett Lewis, whose son Jesse Lewis was among the 20 children and six educators who were killed in the 2012 attack in Newtown, Connecticut.
The parents had sought at least $150 million in compensation for defamation and intentional infliction of emotional distress. Jones’ attorney asked the jury to limit damages to $8 — one dollar for each of the compensation charges they are considering — and Jones himself said any award over $2 million “would sink us.”
It likely won’t be the last judgment against Jones over his claims that the attack was staged in the interests of increasing gun controls. A Connecticut judge has ruled against him in a similar lawsuit brought by other victims’ families and an FBI agent who worked on the case.
The Texas award could set a marker for other cases against Jones and underlines the financial threat he’s facing. It also raises new questions about the ability of Infowars — which has been banned from YouTube, Spotify and Twitter for hate speech — to continue operating, although the company’s finances remain unclear.
Jones conceded during the trial that the attack was real and that he was wrong to have lied about it. But Heslin and Lewis told jurors that an apology wouldn’t suffice and called on them to make Jones pay for the years of suffering he has put them and other Sandy Hook families through.
Jones’ media company Free Speech Systems, which is Infowars’ parent company, filed for bankruptcy during the two-week trial.
Copyright 2022 The Associated Press. All rights reserved. | https://www.cbs7.com/2022/08/04/alex-jones-ordered-pay-sandy-hook-parents-more-than-4m/ | 2022-08-04T21:39:47Z | https://www.cbs7.com/2022/08/04/alex-jones-ordered-pay-sandy-hook-parents-more-than-4m/ | false | 29 |
HOUSTON, Aug. 4, 2022 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the second quarter of 2022.
Key Highlights:
- Production of 65.4 thousand barrels of oil equivalent per day ("MBoe/d") (67% oil, 75% liquids).
- Revenue of $519.1 million, driven by realized prices (excluding hedges) of $108.03 per barrel for oil, $37.79 per barrel for natural gas liquids ("NGLs") and $8.00 per thousand cubic feet ("Mcf") for natural gas.
- Net Income of $195.1 million, or $2.33 Net Income per diluted share, and Adjusted Net Income(1) of $100.6 million, or $1.20 Adjusted Net Income per diluted share.
- Adjusted EBITDA(1) of $250.8 million, or $42.13 Adjusted EBITDA per Boe; Adjusted EBITDA excluding hedges of $411.0 million, or $69.04 per Boe.
- Capital Expenditures of $85.9 million, inclusive of plugging and abandonment.
- Free Cash Flow(1) (before changes in working capital) of $134.1 million.
- Achieved 1.0x leverage ratio as of June 30, 2022 through the repayment of $146.1 million in credit facility borrowings and 7.5% Notes and achieved record liquidity of $702.2 million; Net Debt has been reduced by $344.1 million since March 31, 2021.
- Expanded the Bayou Bend carbon capture and sequestration ("CCS") joint venture through Chevron U.S.A Inc.'s ("Chevron") acquisition of a 50% interest in exchange for $50 million of gross consideration.
President and Chief Executive Officer Timothy S. Duncan commented: "It was a strong quarter for Talos as we achieved rapid debt reduction led by record-breaking revenue and cost control efforts despite macro inflationary pressures. Through our steady focus on significant free cash flow generation and substantial debt paydown, we've achieved the lowest leverage multiple and highest liquidity in the history of Talos. In the second half of the year we will initiate our operated open water rig program testing a series of exciting, high-impact drilling opportunities and expect to spud our Puma West appraisal well early in the fourth quarter."
Duncan continued: "In our CCS business, we closed the previously announced Bayou Bend transaction with Chevron and Carbonvert, welcoming Chevron into the joint venture that is developing the country's first and only major offshore CO2 sequestration project. We expect to spud the first stratigraphic evaluation well this year to expedite the EPA Class VI permitting process while continuing to engage potential industrial customers. Utilizing our technical and commercial skill sets, gained through decades of regional experience, to provide CCS-as-a-Service along the U.S. Gulf Coast exemplifies our commitment to balancing responsible energy production with tangible carbon management solutions for the future, a combination that we believe underpins what the energy company of the future looks like for all of its stakeholders."
RECENT DEVELOPMENTS AND OPERATIONS UPDATE
Debt Repayment: Talos repaid $140.0 million of credit facility borrowings and $6.1 million of 7.5% Notes at maturity in the second quarter, reducing overall leverage to 1.0x Net Debt to LTM Adjusted EBITDA. The Company ended the quarter with liquidity of $702.2 million, the highest in Talos's history, and expects to continue to reduce credit facility borrowings in the second half of 2022.
Inflation Reduction Act: Talos is closely monitoring recent legislative developments regarding the Inflation Reduction Act, which contain numerous provisions relevant to the Company's Upstream and CCS business units. Among the Upstream provisions are the reinstatement of winning bids from OCS Lease Sale 257, in which Talos was one of the most active bidders and was the high bidder on over 57,000 gross acres across ten deepwater blocks. Additionally, the legislation would mandate three specific additional lease sales in the future and require oil and gas lease sales in conjunction with offshore wind lease sales going forward. For the Company's CCS business, the legislation includes provisions that could increase the 45Q credit for permanent CO2 sequestration to $85/ton from the current $50/ton, as well as adding a direct pay component to the current federal income tax credit structure. The Inflation Reduction Act has not been passed in the U.S. Senate and any final legislation may be different from the legislative text that is currently proposed.
CCS: Talos, through its Talos Low Carbon Solutions division, and Carbonvert, Inc. ("Carbonvert") announced and subsequently closed a transaction to expand the Bayou Bend CCS joint venture through the acquisition of a 50% interest by Chevron for $30.0 million of gross upfront cash and up to $20.0 million of gross future capital cost reimbursement, expected to cover capital expenditures through FID. Equity interests in the venture are now 25% Talos, 25% Carbonvert and 50% Chevron, and Talos is the operator. The three companies also established an Area of Mutual Interest ("AMI") over the full ~231,000-acre Jefferson County offshore region contemplated in the State of Texas's original request for proposal, aligning the parties for future expansion opportunities.
Third Quarter Expected Downtime: Following deferral of the planned dry-dock maintenance process from June 2022 into the third quarter, Talos has begun mobilizing the HP-1 vessel to shore for regulatory-required maintenance. Talos expects dry-dock to result in 6.0 – 9.0 MBoe/d of deferred production as well as incremental operating and capital costs in the third quarter. Preparatory costs of approximately $11.5 million are included in the second quarter operating expenses. Additionally, Talos expects planned third-party midstream downtime and other miscellaneous planned downtime activities to result in 4.0 – 5.0 MBoe/d of deferred production. Talos's previously issued annual operational and financial guidance is inclusive of both the HP-1 dry-dock and third-party midstream downtime estimates, as well as hurricane risking. However, the majority of hurricane downtime impact is typically incurred in the third quarter.
Operated Deepwater Rig Program: Talos expects to take possession of the Seadrill Sevan Louisiana deepwater rig in mid-August, initiating its open water program that includes six total operations between second half of 2022 and first half of 2023, four of which are exploitation wells targeting 65-100 million barrels of oil equivalent ("MMBoe") of cumulative gross unrisked resources and utilizing Talos-operated facilities for accelerated subsea development. The Company will spud the Lime Rock prospect, the first of the four exploitation targets, following a deepwater recompletion. Prior to initiating the rig program, Talos successfully obtained industry validation for these prospects, attracting non-operated working interest partners in each of the Lime Rock, Venice and Rigolets projects. Talos now owns a 60% working interest in each of these projects. Additionally, if successful, we expect each well to produce between 5.0 – 15.0 MBoe/d gross with expected timeline to first oil between 12-18 months.
Non-Operated Deepwater Rig Program: Talos expects the Puma West appraisal well to spud early in the fourth quarter with results expected by early 2023. The appraisal follows the successful 2021 exploration discovery well along with co-owners bp plc ("bp") (Operator) and Chevron. The well has been permitted to a depth of approximately 26,700 feet and will be drilled with the Diamond Ocean BlackHornet rig, currently working for bp. In the Gunflint Field, (9.6% working interest) Talos has participated in two successful workovers and anticipates initiating the MC 992 #1 sidetrack well by year-end. Lastly, Talos is actively working with a large industry partner to finalize a five-block exploration unit comprising 28,800 gross acres in the Walker Ridge and Green Canyon areas on which the Company expects to participate in a high-impact exploration prospect in the first half of 2023.
Zama: Talos is actively working with Petróleos Mexicanos ("Pemex") and its Block 7 partners Wintershall Dea and Harbour Energy to finalize the Zama Field Development Plan ("FDP"), targeting submission to National Hydrocarbons Commission ("CNH") latest by March 2023, as required in the unitization resolution. Upon approval, the parties will then move toward FID later in 2023. Concurrently, the parties are discussing the formation of an Integrated Project Team, which would include representatives of each company and would report to the Unit Operating Committee, to manage the field's development.
Pompano Platform Rig Program: The Company's Seville exploitation well failed to discover commercial quantities of hydrocarbons in late July. The platform rig program has shifted to begin preparations for the Mount Hunter development well, with spud expected in the third quarter and first oil in early 2023.
SECOND QUARTER 2022 RESULTS
Key Financial Highlights:
Production
Production for the quarter was 65.4 MBoe/d net and was 67% oil and 75% liquids.
Capital Expenditures
Capital expenditures for the quarter, including plugging and abandonment activities, totaled $85.9 million. Capital expenditures for the Company's CCS business includes the impact of the sale of 50% of the Company's investment in Bayou Bend CCS joint venture to Chevron (i.e., the Company recouped 50% of its original $2.25 million investment).
Liquidity and Leverage
At quarter-end the Company had approximately $702.2 million of liquidity, with $606.3 million undrawn on its RBL facility and approximately $108.5 million in cash, less approximately $12.6 million in outstanding letters of credit. On June 30, 2022, Talos had $877.4 million in total debt, inclusive of $27.4 million related to the HP-1 finance lease. Net Debt was $768.9 million(1). Net Debt to Credit Facility LTM Adjusted EBITDA(1), as determined in accordance with the Company's credit agreement, was 1.0x(1).
HEDGES
The following table reflects contracted volumes and weighted average prices the Company will receive under the terms of its derivative contracts as of August 4, 2022 and includes contracts entered into after June 30, 2022:
CONFERENCE CALL AND WEBCAST INFORMATION
Talos will host a conference call, which will be broadcast live over the internet, on Friday, August 5, 2022 at 10:00 AM Eastern Time (9:00 AM Central Time). Listeners can access the conference call through a webcast link on the Company's website at: https://www.talosenergy.com/investor-relations/events-calendar/. Alternatively, the conference call can be accessed by dialing (888) 348-8927 (U.S. toll free), (855) 669-9657 (Canada toll-free) or (412) 902-4263 (international). Please dial in approximately 15 minutes before the teleconference is scheduled to begin and ask to be joined into the Talos Energy call. A replay of the call will be available one hour after the conclusion of the conference until August 12, 2022 and can be accessed by dialing (877) 344-7529 and using access code 1898121.
ABOUT TALOS ENERGY
Talos Energy (NYSE: TALO) is a technically driven independent exploration and production company focused on safely and efficiently maximizing long-term value through its operations, currently in the United States and offshore Mexico, both through upstream oil and gas exploration and production and the development of carbon capture and sequestration opportunities. As one of the Gulf of Mexico's largest public independent producers, we leverage decades of technical and offshore operational expertise towards the acquisition, exploration and development of assets in key geological trends that are present in many offshore basins around the world. With a focus on environmental stewardship, we are also utilizing our expertise to explore opportunities to reduce industrial emissions through our carbon capture and sequestration initiatives along the U.S. Gulf Coast and Gulf of Mexico. For more information, visit www.talosenergy.com.
INVESTOR RELATIONS CONTACT
Sergio Maiworm
+1.713.328.3008
investor@talosenergy.com
CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
This communication may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact included in this communication, regarding our strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this communication, the words "will," "could," "believe," "anticipate," "intend," "estimate," "expect," "project," "forecast," "may," "objective," "plan" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on our current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events.
We caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks include, but are not limited to, commodity price volatility due to the continued impact of the coronavirus disease 2019 ("COVID-19"), including any new strains or variants, and governmental measures related thereto on global demand for oil and natural gas and on the operations of our business; the ability or willingness of OPEC and other state-controlled oil companies ("OPEC Plus"), such as Saudi Arabia and Russia, to set and maintain oil production levels; the impact of any such actions; the lack of a resolution to the war in Ukraine and its impact on certain commodity markets; lack of transportation and storage capacity as a result of oversupply, government and regulations; lack of availability of drilling and production equipment and services; adverse weather events, including tropical storms, hurricanes and winter storms; cybersecurity threats; sustained inflation and the impact of central bank policy in response thereto; environmental risks; failure to find, acquire or gain access to other discoveries and prospects or to successfully develop and produce from our current discoveries and prospects; geologic risk; drilling and other operating risks; well control risk; regulatory changes; the uncertainty inherent in estimating reserves and in projecting future rates of production; cash flow and access to capital; the timing of development expenditures; potential adverse reactions or competitive responses to our acquisitions and other transactions; the possibility that the anticipated benefits of our acquisitions are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of acquired assets and operations, and the other risks discussed in Part I, Item 1A. "Risk Factors" of Talos Energy Inc.'s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on February 25, 2022, Part II, Item 1A. "Risk Factors" of Talos Energy Inc.'s Quarterly Report on Form 10-Q for the period ended March 31, 2022, filed with the SEC on May 5, 2022 and Part II, Item 1A. "Risk Factors" of Talos Energy Inc's Quarterly Report on Form 10-Q for the period ended June 30, 2022, to be filed with the SEC subsequent to the issuance of this communication. Should one or more of the risks or uncertainties described herein occur, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements. All forward-looking statements, expressed or implied, included in this communication are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that we or persons acting on our behalf may issue. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this communication.
Estimates for our future production volumes are based on assumptions of capital expenditure levels and the assumption that market demand and prices for oil and gas will continue at levels that allow for economic production of these products. The production, transportation, marketing and storage of oil and gas are subject to disruption due to transportation, processing and storage availability, mechanical failure, human error, hurricanes and numerous other factors. Our estimates are based on certain other assumptions, such as well performance, which may vary significantly from those assumed. Therefore, we can give no assurance that our future production volumes will be as estimated.
RESERVE INFORMATION
Reserve engineering is a process of estimating underground accumulations of oil, natural gas and NGLs that cannot be measured in an exact way. The accuracy of any reserve estimate depends on the quality of available data, the interpretation of such data and price and cost assumptions made by reserve engineers. In addition, the results of drilling, testing and production activities may justify revisions upward or downward of estimates that were made previously. If significant, such revisions would change the schedule of any further production and development drilling.
Accordingly, reserve estimates may differ significantly from the quantities of oil, natural gas and NGLs that are ultimately recovered. In addition, we use the term "cumulative gross unrisked resource" in this release, which is not a measure of "reserves" prepared in accordance with SEC guidelines or permitted to be included in SEC filings. These resource estimates are inherently more uncertain than estimates of reserves prepared in accordance with SEC guidelines.
SUPPLEMENTAL NON-GAAP INFORMATION
Certain financial information included in our financial results are not measures of financial performance recognized by accounting principles generally accepted in the United States, or GAAP. These non-GAAP financial measures are "Adjusted Net Income (Loss)," "Adjusted Earnings per Share," "EBITDA," "Adjusted EBITDA," "Adjusted EBITDA excluding hedges," "Adjusted EBITDA Margin," "Adjusted EBITDA Margin excluding hedges," "Free Cash Flow," "Net Debt," "LTM Adjusted EBITDA," "Credit Facility LTM Adjusted EBITDA", "Net Debt to Credit Facility LTM Adjusted EBITDA" and "Leverage". These disclosures may not be viewed as a substitute for results determined in accordance with GAAP and are not necessarily comparable to non-GAAP measures which may be reported by other companies.
Reconciliation of Net Income (Loss) to EBITDA and Adjusted EBITDA
"EBITDA" and "Adjusted EBITDA" are used to provide management and investors with (i) additional information to evaluate, with certain adjustments, items required or permitted in calculating covenant compliance under our debt agreements, (ii) important supplemental indicators of the operational performance of our business, (iii) additional criteria for evaluating our performance relative to our peers and (iv) supplemental information to investors about certain material non-cash and/or other items that may not continue at the same level in the future. EBITDA and Adjusted EBITDA have limitations as analytical tools and should not be considered in isolation or as substitutes for analysis of our results as reported under GAAP or as alternatives to net income (loss), operating income (loss) or any other measure of financial performance presented in accordance with GAAP. We define these as the following:
EBITDA. Net income (loss) plus interest expense, income tax expense (benefit), depreciation, depletion and amortization and accretion expense.
Adjusted EBITDA. EBITDA plus non-cash write-down of oil and natural gas properties, transaction and other (income) expenses, the net change in the fair value of derivatives (mark to market effect, net of cash settlements and premiums related to these derivatives), (gain) loss on debt extinguishment, non-cash write-down of other well equipment inventory and non-cash equity-based compensation expense.
We also present Adjusted EBITDA excluding hedges and as a percentage of revenue to further analyze our business, which are outlined below:
Adjusted EBITDA Margin. EBITDA divided by Revenue, as a percentage. It is also defined as Adjusted EBITDA divided by the total production volume, expressed in Boe, in the period, and described as dollar per Boe. We believe the presentation of Adjusted EBITDA margin is important to provide management and investors with information about how much we retain in Adjusted EBITDA terms as compared to the revenue we generate and how much per barrel we generate after accounting for certain operational and corporate costs.
The following table presents a reconciliation of the GAAP financial measure of net income (loss) to EBITDA, Adjusted EBITDA, Adjusted EBITDA excluding hedges, Adjusted EBITDA Margin and Adjusted EBITDA Margin excluding hedges for each of the periods indicated (in thousands, except for Boe, $/Boe and percentage data):
Reconciliation of Adjusted EBITDA to Free Cash Flow
"Free Cash Flow" before changes in working capital provides management and investors with (i) important supplemental indicators of the operational performance of our business, (ii) additional criteria for evaluating our performance relative to our peers and (iii) supplemental information to investors about certain material non-cash and/or other items that may not continue at the same level in the future. Free Cash Flow has limitations as an analytical tool and should not be considered in isolation or as substitutes for analysis of our results as reported under GAAP or as alternatives to net income (loss), operating income (loss) or any other measure of financial performance presented in accordance with GAAP. We define these as the following:
Capital Expenditures and Plugging & Abandonment. Actual capital expenditures and plugging & abandonment recognized in the quarter, inclusive of accruals.
Interest Expense. Actual interest expense per the income statement.
Talos did not pay any cash taxes in the period, therefore cash taxes have no impact to the reported Free Cash Flow before changes in working capital number.
Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) and Adjusted Earnings per Share
"Adjusted Net Income (Loss)" and "Adjusted Earnings per Share" are to provide management and investors with (i) important supplemental indicators of the operational performance of our business, (ii) additional criteria for evaluating our performance relative to our peers and (iii) supplemental information to investors about certain material non-cash and/or other items that may not continue at the same level in the future. Adjusted Net Income (Loss) and Adjusted Earnings per Share have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of our results as reported under GAAP or as an alternative to net income (loss), operating income (loss), earnings per share or any other measure of financial performance presented in accordance with GAAP.
Adjusted Net Income (Loss). Net income (loss) plus accretion expense, transaction related costs, derivative fair value (gain) loss, net cash receipts (payments) on settled derivative instruments and non-cash equity-based compensation expense.
Adjusted Earnings per Share. Adjusted Net Income (Loss) divided by the number of common shares.
Reconciliation of Total Debt to Net Debt and Net Debt to LTM Adjusted EBITDA and Credit Facility LTM Adjusted EBITDA
We believe the presentation of Net Debt, LTM Adjusted EBITDA, Credit Facility LTM Adjusted EBITDA, Net Debt to LTM Adjusted EBITDA and Net Debt to Credit Facility LTM Adjusted EBITDA is important to provide management and investors with additional important information to evaluate our business. These measures are widely used by investors and ratings agencies in the valuation, comparison, rating and investment recommendations of companies
Net Debt. Total Debt principal of the Company plus the finance lease balance minus cash and cash equivalents.
Net Debt to LTM Adjusted EBITDA. Net Debt divided by the LTM Adjusted EBITDA.
Net Debt to Credit Facility LTM Adjusted EBITDA. Net Debt divided by the Credit Facility LTM Adjusted EBITDA.
The Adjusted EBITDA information included in this communication provides additional relevant information to our investors and creditors. Talos needs to comply with a financial covenant included in its Bank Credit Facility that requires it to maintain a Net Debt to Credit Facility LTM Adjusted EBITDA ratio, as determined in accordance with the Company's credit agreement, equal to or lower than 3.0x. For purposes of covenant compliance, Credit Facility LTM Adjusted EBITDA, with certain adjustments, is calculated as the sum of quarterly Adjusted EBITDA for the 12-month period ended on that quarter, inclusive of revenue less direct operating expenditures of the Acquired Assets for periods prior to closing of the Transaction.
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SOURCE Talos Energy | https://www.kjct8.com/prnewswire/2022/08/04/talos-energy-announces-second-quarter-2022-operational-financial-results/ | 2022-08-04T21:41:29Z | https://www.kjct8.com/prnewswire/2022/08/04/talos-energy-announces-second-quarter-2022-operational-financial-results/ | false | 14 |
- Initial preclinical data in ovarian cancer presented at AACR showed treatment with onvansertib plus olaparib leading to a statistically significant survival benefit compared to treatment with either agent alone
- Data from Phase 2 metastatic castration-resistant prostate cancer (mCRPC) clinical trial presented at AACR showed higher disease control rates with increasing onvansertib dose density
- Biomarker data from Phase 2 mCRPC clinical trial presented at AACR showed treatment response correlating with mutations in MTOR and PTEN, two key genes in the PI3K signaling pathway
- Cash, cash equivalents, and short-term investments of approximately $122 million as of June 30, 2022
SAN DIEGO, Aug. 4, 2022 /PRNewswire/ -- Cardiff Oncology, Inc. (Nasdaq: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, today announced company highlights and financial results for the second quarter ended June 30, 2022.
"We remain focused on advancing our research and development priorities, in particular our lead clinical trial program in KRAS-mutated metastatic colorectal cancer (mCRC)," said Mark Erlander, PhD, chief executive officer of Cardiff Oncology. "In addition, our recent AACR presentation highlighted preclinical data from patient-derived ovarian cancer xenograft models in which onvansertib was shown to combine synergistically with a PARP inhibitor to overcome PARP inhibitor resistance. Also presented at AACR were updated data from our Phase 2 clinical trial of onvansertib in combination with abiraterone in metastatic castration-resistant prostate cancer that showed clinically meaningful disease control rates in patients showing initial abiraterone resistance. We look forward to building on these preclinical and clinical results and believe our talented leadership team and strong cash position have us well-positioned for continued success."
Program highlights for the quarter ended June 30, 2022, include:
Ovarian Cancer Preclinical Program:
Reported new preclinical data that show onvansertib combining with a PARP inhibitor to overcome PARP inhibitor (PARPi) resistance in BRCA1-mutant and wild-type patient-derived xenograft ovarian cancer models
Preclinical studies featured in a poster presentation at the American Association for Cancer Research (AACR) Annual Meeting evaluated onvansertib in combination with the PARPi olaparib in three olaparib-resistant patient-derived xenograft (PDX) ovarian cancer models. Two of the three PDX models studied were cisplatin-sensitive with a mutated BRCA1 gene, while the third was cisplatin-resistant with wild type BRCA1. Results showed that treatment with onvansertib plus olaparib led to a statistically significant survival benefit compared to treatment with either agent alone in each of the three evaluated PDX models. The combination regimen was also shown to be well tolerated in mice.
Metastatic Castration-resistant Prostate Cancer (mCRPC) Clinical Program:
Reported updated clinical and new biomarker data from Phase 2 clinical trial of onvansertib plus abiraterone/prednisone in mCRPC patients showing initial abiraterone resistance at the AACR Annual Meeting
Data featured in a poster presentation showed clinically meaningful disease control rates that rose with increasing onvansertib dose density. 75% (15 of 20) of evaluable patients in Arm C, which represents the trial's most dose-dense treatment schedule, showed radiographic stable disease (SD) or a radiographic partial response (PR) at 12-weeks, compared to 53% (9 of 17) and 58% (11 of 19) of evaluable patients in the less dose-dense Arms A and B, respectively.
Additional highlights from the announcement include:
- Treatment response (SD/PR) correlated with mutations in PTEN and MTOR, key genes in the PI3K signaling pathway
- Treatment response correlated with gene signatures corresponding to the ERG+ and Notch pathways, which are involved in cell invasion, epithelial-mesenchymal transition, and metastasis
- Genes related to mitochondrial and immune functions were downregulated in patients achieving SD or a PR compared to those showing progressive disease
- Onvansertib in combination with abiraterone/prednisone has been well tolerated in the trial
Second Quarter 2022 Financial Results:
Liquidity and cash burn
As of June 30, 2022, Cardiff Oncology had approximately $122 million in cash, cash equivalents, and short-term investments.
Net cash used in operating activities for the second quarter of 2022 was approximately $6.7 million, an increase of approximately $2.4 million from $4.3 million for the same period in 2021.
Operating Expenses
The overall increase in research and development expenses was primarily related to chemistry, manufacturing, and controls ("CMC") and clinical pharmacology studies to support the development of our lead drug candidate, onvansertib. Salaries and staff costs increased primarily due to additional hires in senior management and our clinical operations team.
The overall increase in selling, general and administrative expense was primarily due to higher salaries costs from merit increases and additional new hires. An increase in D&O insurance costs and higher operating lease costs also contributed to higher selling, general and administrative expenses in the current period, offset by a reduction in recruiting fees from the prior period.
About Cardiff Oncology, Inc.
Cardiff Oncology is a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers. Our lead asset is onvansertib, a PLK1 inhibitor we are evaluating in combination with standard-of-care (SOC) therapeutics in clinical programs targeting indications such as KRAS-mutated metastatic colorectal cancer, metastatic pancreatic ductal adenocarcinoma, and metastatic castrate-resistant prostate cancer. These programs and our broader development strategy are designed to target tumor vulnerabilities in order to overcome treatment resistance and deliver superior clinical benefit compared to the SOC. For more information, please visit https://www.cardiffoncology.com.
Forward-Looking Statements
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified using words such as "anticipate," "believe," "forecast," "estimated" and "intend" or other similar terms or expressions that concern Cardiff Oncology's expectations, strategy, plans or intentions. These forward-looking statements are based on Cardiff Oncology's current expectations and actual results could differ materially. There are several factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, clinical trials involve a lengthy and expensive process with an uncertain outcome, and results of earlier studies and trials may not be predictive of future trial results; our clinical trials may be suspended or discontinued due to unexpected side effects or other safety risks that could preclude approval of our product candidates; risks related to business interruptions, including the outbreak of COVID-19 coronavirus, which could seriously harm our financial condition and increase our costs and expenses; uncertainties of government or third party payer reimbursement; dependence on key personnel; limited experience in marketing and sales; substantial competition; uncertainties of patent protection and litigation; dependence upon third parties; and risks related to failure to obtain FDA clearances or approvals and noncompliance with FDA regulations. There are no guarantees that our product candidate will be utilized or prove to be commercially successful. Additionally, there are no guarantees that future clinical trials will be completed or successful or that any precision medicine therapeutics will receive regulatory approval for any indication or prove to be commercially successful. Investors should read the risk factors set forth in Cardiff Oncology's Form 10-K for the year ended December 31, 2021, and other periodic reports filed with the Securities and Exchange Commission. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Forward-looking statements included herein are made as of the date hereof, and Cardiff Oncology does not undertake any obligation to update publicly such statements to reflect subsequent events or circumstances.
Cardiff Oncology Contact:
James Levine
Chief Financial Officer
858-952-7670
jlevine@cardiffoncology.com
Investor Contact:
Joyce Allaire
LifeSci Advisors
212-915-2569
jallaire@lifesciadvisors.com
Media Contact:
Amy Jobe, Ph.D.
LifeSci Communications
315-879-8192
ajobe@lifescicomms.com
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SOURCE Cardiff Oncology, Inc. | https://www.cbs7.com/prnewswire/2022/08/04/cardiff-oncology-reports-second-quarter-2022-results-provides-business-updates/ | 2022-08-04T21:41:52Z | https://www.cbs7.com/prnewswire/2022/08/04/cardiff-oncology-reports-second-quarter-2022-results-provides-business-updates/ | true | 11 |
The NFL has decided to challenge Judge Sue L. Robinson's ruling that Deshaun Watson face a six-game suspension.
Robinson issued a relatively short sentence for the Browns quarterback, who is accused of sexually assaulting or otherwise touching, without their consent, upward of 60 women who provided him with massage therapy while he was with the Texans.
Though he was not criminally indicted, Watson faced 24 civil suits, settling out of court in all but one. Though Robinson ruled the NFL provided significant evidence that Watson violated the league's personal conduct policy, her ruling reflected what she believed was established precedent by the league itself.
The league's challenge sets up commissioner Roger Goodell to appoint another arbiter in the case, one who is more likely to provide a suspension more in line with the league's preferred length. Should the arbiter tack on a significant number of games to Watson's suspension, it could set up a lengthy battle in federal court.
DeCOURCY: Magnitude of Browns' brainless deal for Deshaun Watson coming into focus
The Sporting News is following the latest updates on the NFL's suspension appeal, and whether Watson will be able to play at all in 2022:
Deshaun Watson news: Latest updates on NFL suspension appeal
Thursday, Aug. 4
After indicating he wouldn't be the one to hear the NFL's appeal, Roger Goodell selected a designee to hear the case.
NFL teams were just notified that former NJ Attorney General Peter C. Harvey is commissioner Roger Goodell’s designee to hear the appeal of the disciplinary decision involving Deshaun Watson, per sources.
— Adam Schefter (@AdamSchefter) August 4, 2022
ProFootballTalk reports Goodell will not hear the appeal, instead appointing his own arbiter.
Per source, Roger Goodell will not personally handle the Deshaun Watson appeal. He will designate someone not with the league office to handle it.
— ProFootballTalk (@ProFootballTalk) August 4, 2022
Ian Rapoport indicated on Thursday that Watson and the NFL could still negotiate a settlement, despite the appeal.
From Inside Training Camp: NFL Commissioner Roger Goodell’s designee will hear the appeal of the Deshaun Watson suspension. pic.twitter.com/fuZiCJzSA5
— Ian Rapoport (@RapSheet) August 4, 2022
Wednesday, Aug. 3
The NFL announces it will appeal Robinson's ruling, saying Goodell would decide whether to hear the appeal himself or appoint another arbiter. As noted by Ian Rapoport of the NFL Network, any response by the NFLPA to the appeal must come within two business days. Moreover, Goodell or the arbiter's ruling will not be subject to appeal, meaning it will be final inasmuch the CBA is concerned.
From @NFLprguy https://t.co/cL44rn67Ii pic.twitter.com/FS34NjrU4c
— Ian Rapoport (@RapSheet) August 3, 2022
Now, Watson's suspension and any subsequent fine could be way worse had he taken the reported settlement offered by the NFL.
Watson gambled and he lost.
— Dov Kleiman (@NFL_DovKleiman) August 3, 2022
He had a chance to accept a settlement deal from the NFL of 12-games and around a $10 million fine (his salary for 2021) - He declined and now with this appeal, he'll likely serve a lot more than those 6 games.
So, what's next?
The league will announce a longer suspension for Watson. He will sue and get an injunction just like every player before him who has done the same. Then eventually the NFL will win in court because this process is in the CBA
— Geoff Schwartz (@geoffschwartz) August 3, 2022
Monday, Aug. 1
Judge Sue L. Robinson ruled for a six-game suspension for Watson, well short of the NFL's preferred indefinite suspension of at least a year.
In her ruling, Robinson determined Watson violated the NFL's personal conduct policy, noting his "pattern of conduct is more egregious than any before ruled by the NFL." She also noted that the league had provided ample evidence that the Watson's accusers did not consent to being touched.
Despite that, she deemed his violations were related to "non-violent sexual conduct," and that the league's established precedent of similar suspensions (four games for Ben Roethlisberger in 2010, six for Ezekiel Elliott in 2017) limited the length of the suspension to six games.
She also claimed the NFL was trying to enact a new conduct policy as opposed to the one agreed to in the NFL and NFLPA's collective bargaining agreement. By challenging her ruling, the NFL is saying there is no precedent for Watson's case, considering the scope of his sexual assault violations (as defined by the CBA).
Below is the reasoning for her ruling, in which she also ruled that Watson could only receive massages from team-appointed or -approved therapists.
Here are the key conclusions that Judge Robinson offered today in her written decision to suspend Deshaun Watson for six games. pic.twitter.com/gPW5INw09t
— Adam Schefter (@AdamSchefter) August 1, 2022
The Browns released a statement in support of Watson, adding that their newly acquired quarterback is "remorseful" of the situation. Watson, for what it is worth, has always maintained his innocence.
— Cleveland Browns (@Browns) August 1, 2022
Sunday, July 31
7:45 p.m. ET: The NFLPA and Watson release a joint statement saying they will not appeal the initial ruling by Robinson, calling on the NFL to do the same.
Our joint statement with Deshaun Watson on the impending arbitration decision: pic.twitter.com/9ObLnHiX6J
— NFLPA (@NFLPA) July 31, 2022
8:40 p.m. ET: Dan Graziano of ESPN reports that the NFL and Watson's legal team engaged in talks to suspend him 12 games and fine him upward of $8 million. The compromise would have kept Watson from an indefinite suspension of at least a year, but the suspension length and additional fine — a result of Watson's backloaded contract in Cleveland — caused Watson and the NFLPA to reject the offer.
Per sources, Deshaun Watson and the NFL did engage in further settlement talks in recent days, but neither side felt they got close. The best Watson’s side indicated it would accept was 6-8 games. Best league indicated it was willing to do was 12 games + heavy fine $8 mil range).
— Dan Graziano (@DanGrazianoESPN) August 1, 2022
Will Deshaun Watson play in Week 1?
The possibility exists, however slim, that Watson could be on the field in Week 1 if the NFL rules in favor of a longer suspension than Robinson initially applied to his case.
The only way for that to happen is for the NFLPA to challenge the NFL's ruling in federal court, in so doing requesting a temporary restraining order to the increased suspension. That would potentially allow for Watson to play in Week 1 while the case is handled in the courts. The NFLPA took a similar approach to both the Elliott and Tom Brady cases, though lost on both cases.
The question here isn't whether Watson would win in court, but whether the timing of litigation would allow him to be on the field at any point in the season. As noted by Mike Florio of ProFootballTalk, such a scenario might be too difficult to achieve, on two counts:
- Robinson's six-game suspension, at minimum, becomes set in stone if the NFLPA does not file an appeal of the suspension by Thursday, which it did not.
-
The NFL could file a first lawsuit in the same court district in which Brady and Elliott's cases were tried, where a precedent is set in favor of the league. That would make it more likely that the judge in charge of the case would not provide a restraining order for Watson.
Another factor to consider is whether any injunction would take place immediately, or would follow Robinson's six-game ruling. | https://www.sportingnews.com/us/nfl/news/deshaun-watson-nfl-appeal-news-suspension-timeline-browns/w5ugybrqfk2atscez3naha3b | 2022-08-04T21:43:25Z | https://www.sportingnews.com/us/nfl/news/deshaun-watson-nfl-appeal-news-suspension-timeline-browns/w5ugybrqfk2atscez3naha3b | true | 2 |
SEATTLE (AP) _ Zillow Group Inc. (Z) on Thursday reported net income of $8 million in its second quarter.
On a per-share basis, the Seattle-based company said it had profit of 3 cents. Earnings, adjusted for stock option expense and to extinguish debt, were 47 cents per share.
The real estate website operator posted revenue of $1.01 billion in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on Z at https://www.zacks.com/ap/Z | https://www.mysanantonio.com/business/article/Zillow-Q2-Earnings-Snapshot-17352376.php | 2022-08-04T21:46:00Z | https://www.mysanantonio.com/business/article/Zillow-Q2-Earnings-Snapshot-17352376.php | true | null |
You need to enable JavaScript to run this app. | https://sportspyder.com/mlb/miami-marlins/articles/40290512 | 2022-08-04T21:46:49Z | https://sportspyder.com/mlb/miami-marlins/articles/40290512 | false | null |
Bluetooth Chips Market Size, Scope, Growth Opportunities, Trends by Manufacturers And Forecast to 2029
New Jersey, United States – Bluetooth Chips Market analysis is to capture an in-depth examination of an increase in the customer journeys, which have a huge impact on market categories. It does the market classification based on region; product type and end-user to ease the market players’ jobs. Major industries are able to obtain key data about the whole market scenario, find out market prospects and get huge help for business operations. It further aims at providing customers deeds and their purchasing nature towards particular product or service. This sort of Bluetooth Chips market report provides projected trends and presents industry size for major regions to help business players make the right business plan and obtain huge earnings. It contains measured and theoretical market variable predictions. It reveals the latest industry changes by classifying the market into different sections and sub-sections.
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Key Players Mentioned in the Bluetooth Chips Market Research Report:
Silicon Laboratories, Microchip Technology Inc., Nordic Semiconductor, Cypress Semiconductor Corp., Texas Instruments Incorporated, STMicroelectronics.
Bluetooth Chips Market Segmentation:
Bluetooth chips Market, By Type
• Classic Bluetooth chips
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Bluetooth chips Market, By Application
• Mobile Phones
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Report Overview: It includes major players of the Bluetooth Chips market covered in the research study, research scope, market segments by type, market segments by application, years considered for the research study, and objectives of the report.
Global Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the Bluetooth Chips market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Bluetooth Chips market are discussed.
Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.
Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.
Market Size by Application: Besides an overview of the Bluetooth Chips market by application, it gives a study on the consumption in the Bluetooth Chips market by application.
Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.
Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.
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HOUSTON, Aug. 4, 2022 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the second quarter of 2022.
Key Highlights:
- Production of 65.4 thousand barrels of oil equivalent per day ("MBoe/d") (67% oil, 75% liquids).
- Revenue of $519.1 million, driven by realized prices (excluding hedges) of $108.03 per barrel for oil, $37.79 per barrel for natural gas liquids ("NGLs") and $8.00 per thousand cubic feet ("Mcf") for natural gas.
- Net Income of $195.1 million, or $2.33 Net Income per diluted share, and Adjusted Net Income(1) of $100.6 million, or $1.20 Adjusted Net Income per diluted share.
- Adjusted EBITDA(1) of $250.8 million, or $42.13 Adjusted EBITDA per Boe; Adjusted EBITDA excluding hedges of $411.0 million, or $69.04 per Boe.
- Capital Expenditures of $85.9 million, inclusive of plugging and abandonment.
- Free Cash Flow(1) (before changes in working capital) of $134.1 million.
- Achieved 1.0x leverage ratio as of June 30, 2022 through the repayment of $146.1 million in credit facility borrowings and 7.5% Notes and achieved record liquidity of $702.2 million; Net Debt has been reduced by $344.1 million since March 31, 2021.
- Expanded the Bayou Bend carbon capture and sequestration ("CCS") joint venture through Chevron U.S.A Inc.'s ("Chevron") acquisition of a 50% interest in exchange for $50 million of gross consideration.
President and Chief Executive Officer Timothy S. Duncan commented: "It was a strong quarter for Talos as we achieved rapid debt reduction led by record-breaking revenue and cost control efforts despite macro inflationary pressures. Through our steady focus on significant free cash flow generation and substantial debt paydown, we've achieved the lowest leverage multiple and highest liquidity in the history of Talos. In the second half of the year we will initiate our operated open water rig program testing a series of exciting, high-impact drilling opportunities and expect to spud our Puma West appraisal well early in the fourth quarter."
Duncan continued: "In our CCS business, we closed the previously announced Bayou Bend transaction with Chevron and Carbonvert, welcoming Chevron into the joint venture that is developing the country's first and only major offshore CO2 sequestration project. We expect to spud the first stratigraphic evaluation well this year to expedite the EPA Class VI permitting process while continuing to engage potential industrial customers. Utilizing our technical and commercial skill sets, gained through decades of regional experience, to provide CCS-as-a-Service along the U.S. Gulf Coast exemplifies our commitment to balancing responsible energy production with tangible carbon management solutions for the future, a combination that we believe underpins what the energy company of the future looks like for all of its stakeholders."
RECENT DEVELOPMENTS AND OPERATIONS UPDATE
Debt Repayment: Talos repaid $140.0 million of credit facility borrowings and $6.1 million of 7.5% Notes at maturity in the second quarter, reducing overall leverage to 1.0x Net Debt to LTM Adjusted EBITDA. The Company ended the quarter with liquidity of $702.2 million, the highest in Talos's history, and expects to continue to reduce credit facility borrowings in the second half of 2022.
Inflation Reduction Act: Talos is closely monitoring recent legislative developments regarding the Inflation Reduction Act, which contain numerous provisions relevant to the Company's Upstream and CCS business units. Among the Upstream provisions are the reinstatement of winning bids from OCS Lease Sale 257, in which Talos was one of the most active bidders and was the high bidder on over 57,000 gross acres across ten deepwater blocks. Additionally, the legislation would mandate three specific additional lease sales in the future and require oil and gas lease sales in conjunction with offshore wind lease sales going forward. For the Company's CCS business, the legislation includes provisions that could increase the 45Q credit for permanent CO2 sequestration to $85/ton from the current $50/ton, as well as adding a direct pay component to the current federal income tax credit structure. The Inflation Reduction Act has not been passed in the U.S. Senate and any final legislation may be different from the legislative text that is currently proposed.
CCS: Talos, through its Talos Low Carbon Solutions division, and Carbonvert, Inc. ("Carbonvert") announced and subsequently closed a transaction to expand the Bayou Bend CCS joint venture through the acquisition of a 50% interest by Chevron for $30.0 million of gross upfront cash and up to $20.0 million of gross future capital cost reimbursement, expected to cover capital expenditures through FID. Equity interests in the venture are now 25% Talos, 25% Carbonvert and 50% Chevron, and Talos is the operator. The three companies also established an Area of Mutual Interest ("AMI") over the full ~231,000-acre Jefferson County offshore region contemplated in the State of Texas's original request for proposal, aligning the parties for future expansion opportunities.
Third Quarter Expected Downtime: Following deferral of the planned dry-dock maintenance process from June 2022 into the third quarter, Talos has begun mobilizing the HP-1 vessel to shore for regulatory-required maintenance. Talos expects dry-dock to result in 6.0 – 9.0 MBoe/d of deferred production as well as incremental operating and capital costs in the third quarter. Preparatory costs of approximately $11.5 million are included in the second quarter operating expenses. Additionally, Talos expects planned third-party midstream downtime and other miscellaneous planned downtime activities to result in 4.0 – 5.0 MBoe/d of deferred production. Talos's previously issued annual operational and financial guidance is inclusive of both the HP-1 dry-dock and third-party midstream downtime estimates, as well as hurricane risking. However, the majority of hurricane downtime impact is typically incurred in the third quarter.
Operated Deepwater Rig Program: Talos expects to take possession of the Seadrill Sevan Louisiana deepwater rig in mid-August, initiating its open water program that includes six total operations between second half of 2022 and first half of 2023, four of which are exploitation wells targeting 65-100 million barrels of oil equivalent ("MMBoe") of cumulative gross unrisked resources and utilizing Talos-operated facilities for accelerated subsea development. The Company will spud the Lime Rock prospect, the first of the four exploitation targets, following a deepwater recompletion. Prior to initiating the rig program, Talos successfully obtained industry validation for these prospects, attracting non-operated working interest partners in each of the Lime Rock, Venice and Rigolets projects. Talos now owns a 60% working interest in each of these projects. Additionally, if successful, we expect each well to produce between 5.0 – 15.0 MBoe/d gross with expected timeline to first oil between 12-18 months.
Non-Operated Deepwater Rig Program: Talos expects the Puma West appraisal well to spud early in the fourth quarter with results expected by early 2023. The appraisal follows the successful 2021 exploration discovery well along with co-owners bp plc ("bp") (Operator) and Chevron. The well has been permitted to a depth of approximately 26,700 feet and will be drilled with the Diamond Ocean BlackHornet rig, currently working for bp. In the Gunflint Field, (9.6% working interest) Talos has participated in two successful workovers and anticipates initiating the MC 992 #1 sidetrack well by year-end. Lastly, Talos is actively working with a large industry partner to finalize a five-block exploration unit comprising 28,800 gross acres in the Walker Ridge and Green Canyon areas on which the Company expects to participate in a high-impact exploration prospect in the first half of 2023.
Zama: Talos is actively working with Petróleos Mexicanos ("Pemex") and its Block 7 partners Wintershall Dea and Harbour Energy to finalize the Zama Field Development Plan ("FDP"), targeting submission to National Hydrocarbons Commission ("CNH") latest by March 2023, as required in the unitization resolution. Upon approval, the parties will then move toward FID later in 2023. Concurrently, the parties are discussing the formation of an Integrated Project Team, which would include representatives of each company and would report to the Unit Operating Committee, to manage the field's development.
Pompano Platform Rig Program: The Company's Seville exploitation well failed to discover commercial quantities of hydrocarbons in late July. The platform rig program has shifted to begin preparations for the Mount Hunter development well, with spud expected in the third quarter and first oil in early 2023.
SECOND QUARTER 2022 RESULTS
Key Financial Highlights:
Production
Production for the quarter was 65.4 MBoe/d net and was 67% oil and 75% liquids.
Capital Expenditures
Capital expenditures for the quarter, including plugging and abandonment activities, totaled $85.9 million. Capital expenditures for the Company's CCS business includes the impact of the sale of 50% of the Company's investment in Bayou Bend CCS joint venture to Chevron (i.e., the Company recouped 50% of its original $2.25 million investment).
Liquidity and Leverage
At quarter-end the Company had approximately $702.2 million of liquidity, with $606.3 million undrawn on its RBL facility and approximately $108.5 million in cash, less approximately $12.6 million in outstanding letters of credit. On June 30, 2022, Talos had $877.4 million in total debt, inclusive of $27.4 million related to the HP-1 finance lease. Net Debt was $768.9 million(1). Net Debt to Credit Facility LTM Adjusted EBITDA(1), as determined in accordance with the Company's credit agreement, was 1.0x(1).
HEDGES
The following table reflects contracted volumes and weighted average prices the Company will receive under the terms of its derivative contracts as of August 4, 2022 and includes contracts entered into after June 30, 2022:
CONFERENCE CALL AND WEBCAST INFORMATION
Talos will host a conference call, which will be broadcast live over the internet, on Friday, August 5, 2022 at 10:00 AM Eastern Time (9:00 AM Central Time). Listeners can access the conference call through a webcast link on the Company's website at: https://www.talosenergy.com/investor-relations/events-calendar/. Alternatively, the conference call can be accessed by dialing (888) 348-8927 (U.S. toll free), (855) 669-9657 (Canada toll-free) or (412) 902-4263 (international). Please dial in approximately 15 minutes before the teleconference is scheduled to begin and ask to be joined into the Talos Energy call. A replay of the call will be available one hour after the conclusion of the conference until August 12, 2022 and can be accessed by dialing (877) 344-7529 and using access code 1898121.
ABOUT TALOS ENERGY
Talos Energy (NYSE: TALO) is a technically driven independent exploration and production company focused on safely and efficiently maximizing long-term value through its operations, currently in the United States and offshore Mexico, both through upstream oil and gas exploration and production and the development of carbon capture and sequestration opportunities. As one of the Gulf of Mexico's largest public independent producers, we leverage decades of technical and offshore operational expertise towards the acquisition, exploration and development of assets in key geological trends that are present in many offshore basins around the world. With a focus on environmental stewardship, we are also utilizing our expertise to explore opportunities to reduce industrial emissions through our carbon capture and sequestration initiatives along the U.S. Gulf Coast and Gulf of Mexico. For more information, visit www.talosenergy.com.
INVESTOR RELATIONS CONTACT
Sergio Maiworm
+1.713.328.3008
investor@talosenergy.com
CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
This communication may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact included in this communication, regarding our strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this communication, the words "will," "could," "believe," "anticipate," "intend," "estimate," "expect," "project," "forecast," "may," "objective," "plan" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on our current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events.
We caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks include, but are not limited to, commodity price volatility due to the continued impact of the coronavirus disease 2019 ("COVID-19"), including any new strains or variants, and governmental measures related thereto on global demand for oil and natural gas and on the operations of our business; the ability or willingness of OPEC and other state-controlled oil companies ("OPEC Plus"), such as Saudi Arabia and Russia, to set and maintain oil production levels; the impact of any such actions; the lack of a resolution to the war in Ukraine and its impact on certain commodity markets; lack of transportation and storage capacity as a result of oversupply, government and regulations; lack of availability of drilling and production equipment and services; adverse weather events, including tropical storms, hurricanes and winter storms; cybersecurity threats; sustained inflation and the impact of central bank policy in response thereto; environmental risks; failure to find, acquire or gain access to other discoveries and prospects or to successfully develop and produce from our current discoveries and prospects; geologic risk; drilling and other operating risks; well control risk; regulatory changes; the uncertainty inherent in estimating reserves and in projecting future rates of production; cash flow and access to capital; the timing of development expenditures; potential adverse reactions or competitive responses to our acquisitions and other transactions; the possibility that the anticipated benefits of our acquisitions are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of acquired assets and operations, and the other risks discussed in Part I, Item 1A. "Risk Factors" of Talos Energy Inc.'s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on February 25, 2022, Part II, Item 1A. "Risk Factors" of Talos Energy Inc.'s Quarterly Report on Form 10-Q for the period ended March 31, 2022, filed with the SEC on May 5, 2022 and Part II, Item 1A. "Risk Factors" of Talos Energy Inc's Quarterly Report on Form 10-Q for the period ended June 30, 2022, to be filed with the SEC subsequent to the issuance of this communication. Should one or more of the risks or uncertainties described herein occur, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements. All forward-looking statements, expressed or implied, included in this communication are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that we or persons acting on our behalf may issue. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this communication.
Estimates for our future production volumes are based on assumptions of capital expenditure levels and the assumption that market demand and prices for oil and gas will continue at levels that allow for economic production of these products. The production, transportation, marketing and storage of oil and gas are subject to disruption due to transportation, processing and storage availability, mechanical failure, human error, hurricanes and numerous other factors. Our estimates are based on certain other assumptions, such as well performance, which may vary significantly from those assumed. Therefore, we can give no assurance that our future production volumes will be as estimated.
RESERVE INFORMATION
Reserve engineering is a process of estimating underground accumulations of oil, natural gas and NGLs that cannot be measured in an exact way. The accuracy of any reserve estimate depends on the quality of available data, the interpretation of such data and price and cost assumptions made by reserve engineers. In addition, the results of drilling, testing and production activities may justify revisions upward or downward of estimates that were made previously. If significant, such revisions would change the schedule of any further production and development drilling.
Accordingly, reserve estimates may differ significantly from the quantities of oil, natural gas and NGLs that are ultimately recovered. In addition, we use the term "cumulative gross unrisked resource" in this release, which is not a measure of "reserves" prepared in accordance with SEC guidelines or permitted to be included in SEC filings. These resource estimates are inherently more uncertain than estimates of reserves prepared in accordance with SEC guidelines.
SUPPLEMENTAL NON-GAAP INFORMATION
Certain financial information included in our financial results are not measures of financial performance recognized by accounting principles generally accepted in the United States, or GAAP. These non-GAAP financial measures are "Adjusted Net Income (Loss)," "Adjusted Earnings per Share," "EBITDA," "Adjusted EBITDA," "Adjusted EBITDA excluding hedges," "Adjusted EBITDA Margin," "Adjusted EBITDA Margin excluding hedges," "Free Cash Flow," "Net Debt," "LTM Adjusted EBITDA," "Credit Facility LTM Adjusted EBITDA", "Net Debt to Credit Facility LTM Adjusted EBITDA" and "Leverage". These disclosures may not be viewed as a substitute for results determined in accordance with GAAP and are not necessarily comparable to non-GAAP measures which may be reported by other companies.
Reconciliation of Net Income (Loss) to EBITDA and Adjusted EBITDA
"EBITDA" and "Adjusted EBITDA" are used to provide management and investors with (i) additional information to evaluate, with certain adjustments, items required or permitted in calculating covenant compliance under our debt agreements, (ii) important supplemental indicators of the operational performance of our business, (iii) additional criteria for evaluating our performance relative to our peers and (iv) supplemental information to investors about certain material non-cash and/or other items that may not continue at the same level in the future. EBITDA and Adjusted EBITDA have limitations as analytical tools and should not be considered in isolation or as substitutes for analysis of our results as reported under GAAP or as alternatives to net income (loss), operating income (loss) or any other measure of financial performance presented in accordance with GAAP. We define these as the following:
EBITDA. Net income (loss) plus interest expense, income tax expense (benefit), depreciation, depletion and amortization and accretion expense.
Adjusted EBITDA. EBITDA plus non-cash write-down of oil and natural gas properties, transaction and other (income) expenses, the net change in the fair value of derivatives (mark to market effect, net of cash settlements and premiums related to these derivatives), (gain) loss on debt extinguishment, non-cash write-down of other well equipment inventory and non-cash equity-based compensation expense.
We also present Adjusted EBITDA excluding hedges and as a percentage of revenue to further analyze our business, which are outlined below:
Adjusted EBITDA Margin. EBITDA divided by Revenue, as a percentage. It is also defined as Adjusted EBITDA divided by the total production volume, expressed in Boe, in the period, and described as dollar per Boe. We believe the presentation of Adjusted EBITDA margin is important to provide management and investors with information about how much we retain in Adjusted EBITDA terms as compared to the revenue we generate and how much per barrel we generate after accounting for certain operational and corporate costs.
The following table presents a reconciliation of the GAAP financial measure of net income (loss) to EBITDA, Adjusted EBITDA, Adjusted EBITDA excluding hedges, Adjusted EBITDA Margin and Adjusted EBITDA Margin excluding hedges for each of the periods indicated (in thousands, except for Boe, $/Boe and percentage data):
Reconciliation of Adjusted EBITDA to Free Cash Flow
"Free Cash Flow" before changes in working capital provides management and investors with (i) important supplemental indicators of the operational performance of our business, (ii) additional criteria for evaluating our performance relative to our peers and (iii) supplemental information to investors about certain material non-cash and/or other items that may not continue at the same level in the future. Free Cash Flow has limitations as an analytical tool and should not be considered in isolation or as substitutes for analysis of our results as reported under GAAP or as alternatives to net income (loss), operating income (loss) or any other measure of financial performance presented in accordance with GAAP. We define these as the following:
Capital Expenditures and Plugging & Abandonment. Actual capital expenditures and plugging & abandonment recognized in the quarter, inclusive of accruals.
Interest Expense. Actual interest expense per the income statement.
Talos did not pay any cash taxes in the period, therefore cash taxes have no impact to the reported Free Cash Flow before changes in working capital number.
Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) and Adjusted Earnings per Share
"Adjusted Net Income (Loss)" and "Adjusted Earnings per Share" are to provide management and investors with (i) important supplemental indicators of the operational performance of our business, (ii) additional criteria for evaluating our performance relative to our peers and (iii) supplemental information to investors about certain material non-cash and/or other items that may not continue at the same level in the future. Adjusted Net Income (Loss) and Adjusted Earnings per Share have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of our results as reported under GAAP or as an alternative to net income (loss), operating income (loss), earnings per share or any other measure of financial performance presented in accordance with GAAP.
Adjusted Net Income (Loss). Net income (loss) plus accretion expense, transaction related costs, derivative fair value (gain) loss, net cash receipts (payments) on settled derivative instruments and non-cash equity-based compensation expense.
Adjusted Earnings per Share. Adjusted Net Income (Loss) divided by the number of common shares.
Reconciliation of Total Debt to Net Debt and Net Debt to LTM Adjusted EBITDA and Credit Facility LTM Adjusted EBITDA
We believe the presentation of Net Debt, LTM Adjusted EBITDA, Credit Facility LTM Adjusted EBITDA, Net Debt to LTM Adjusted EBITDA and Net Debt to Credit Facility LTM Adjusted EBITDA is important to provide management and investors with additional important information to evaluate our business. These measures are widely used by investors and ratings agencies in the valuation, comparison, rating and investment recommendations of companies
Net Debt. Total Debt principal of the Company plus the finance lease balance minus cash and cash equivalents.
Net Debt to LTM Adjusted EBITDA. Net Debt divided by the LTM Adjusted EBITDA.
Net Debt to Credit Facility LTM Adjusted EBITDA. Net Debt divided by the Credit Facility LTM Adjusted EBITDA.
The Adjusted EBITDA information included in this communication provides additional relevant information to our investors and creditors. Talos needs to comply with a financial covenant included in its Bank Credit Facility that requires it to maintain a Net Debt to Credit Facility LTM Adjusted EBITDA ratio, as determined in accordance with the Company's credit agreement, equal to or lower than 3.0x. For purposes of covenant compliance, Credit Facility LTM Adjusted EBITDA, with certain adjustments, is calculated as the sum of quarterly Adjusted EBITDA for the 12-month period ended on that quarter, inclusive of revenue less direct operating expenditures of the Acquired Assets for periods prior to closing of the Transaction.
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SOURCE Talos Energy | https://www.14news.com/prnewswire/2022/08/04/talos-energy-announces-second-quarter-2022-operational-financial-results/ | 2022-08-04T21:47:07Z | https://www.14news.com/prnewswire/2022/08/04/talos-energy-announces-second-quarter-2022-operational-financial-results/ | false | 14 |
WarnerBros. Discovery posted weaker-than-expected second quarter earnings Thursday and announced the merger of its two most popular streaming services would be completed by next summer.
The media behemoth reported its earnings for the first time since merging to combine the properties of Discovery and WarnerMedia — which include HBO, CNN, Warner Bros., HGTV and TLC.
Shares tumbled nearly nearly 10% in after-hours trading.
WBD CEO David Zaslav has come under fire for his cost-cutting decision since the merger — including scrapping the already-completed “Batgirl” movie.
He announced that more layoffs will be coming and said HBO Max and Discovery+ will be merged next summer.
“We’ve had a busy, productive four months since launching Warner Bros. Discovery, and have more conviction than ever in the massive opportunity ahead,” Zaslav said. “We’re confident we’re on the right path to meet our strategic goals and really excel, both creatively and financially, and couldn’t be more excited about the future of our company.”
During the quarter, the media giant posted a net loss of $3.42 billion, or a loss of $1.50 a share. The loss included over $2 billion in amortization of intangibles as well as $1 billion in restructuring and other charges, as well as nearly $1 billion in transaction/integration costs.
Revenues totaled $9.83 billion. Wall Street expected a net loss of 3 cents on revenue of $11.84 billion.
The company said its streaming subscriber base, which includes both Discovery+ and HBO Max, totals 92.1 million.
WarnerMedia had reported 76.8 million subscribers to HBO or HBO Max last quarter, with Discovery reporting 24 million, but those reports used an older definition of what a subscriber is, the company said.
The new numbers do not include “10 million legacy Discovery non-core subscribers and unactivated AT&T mobility subscribers from the Q1 subscriber count,” the company said.
WBD said that when using its new definition of direct-to-consumer subscribers, the company added 1.7 million subscribers from Q1 to Q2.
Earlier this week, media types buzzed that Zaslav would soon roll out details that would help the company shore up $3 billion in 2023.
Investors got a glimpse at Zaslav’s plan on Tuesday when the media giant announced it would shelve its straight-to-streaming DC flick “Batgirl,” starring “In The Heights” star Leslie Grace, as well as “Scoob!: Holiday Haunt.”
Cutting both films saves WBD a fortune in marketing costs and any back-end payouts.
There have also been rampant rumors that there would be some fallout from the merger of the firm’s two biggest streaming services, HBO Max and Discovery+. On Wednesday, Hollywood trade The Wrap reported that the company plans to lay off 70% of its development business.
Since the $43 billion merger of Discovery and WarnerMedia closed, life has been different at the newly-formed WBD. Zaslav’s no-nonsense, budget-focused leadership has translated to more than a few rip-the-Band-Aid-off decisions. Shortly after the deal closed, the CEO shuttered CNN’s month-old $300 million streaming service CNN+.
“We will clearly take swift and decisive actions on certain items, as you saw on CNN+ last week,” Zaslav told investors on an earnings call in April, vowing to not “overspend.”
Zaslav soon brought in Chris Licht, a former executive producer on “The Late Show with Stephen Colbert,” to replace former CNN chief executive Jeff Zucker, who resigned. Top brass is focused on building up CNN’s flailing ratings while reorienting from opinion-based reporting back to fact-based journalism.
Licht is currently scrambling to shore up costs and buffer ratings while looking for ways to drum up new revenue streams as the network’s profits are reportedly poised to drop below the $1 billion mark for the first time since 2016. | https://nypost.com/2022/08/04/warnerbros-discovery-misses-on-q2-earnings-amid-restructuring-speculation/ | 2022-08-04T21:49:06Z | https://nypost.com/2022/08/04/warnerbros-discovery-misses-on-q2-earnings-amid-restructuring-speculation/ | true | 2 |
Wine Country Runs to host new 10k race in Paso Robles
New shorter race will be held in tandem with half marathon
– Wine Country Runs, a Paso Robles non-profit organization, will host the 25th annual half marathon and new 10K on Sunday, Nov. 13. The race will be held at CaliPaso Winery, located at 4230 Buena Vista Drive, Paso Robles, and will be limited to the first 750 registrants. All registration proceeds from the race will benefit local charities and youth sports organizations in Northern San Luis Obispo County.
New this year, the 6.2-mile 10K course is an out-and-back run perfect for beginners, or for those who cannot commit to a half marathon training schedule. “We listened to the community, and the consensus was, we needed a middle-range run that would be challenging for seasoned runners, but also something they wouldn’t have to train for months in advance;” said Ashley Blake, Wine Country Runs Committee member, “this 10K course is the perfect range for these runners.”
Runners who do have the time to train will enjoy the 13.1-mile half marathon course, which loops through the Estrella District of Paso Robles wine country. Both courses feature scenic views of picturesque vineyards and agrarian landscapes during one of the most beautiful seasons in wine country, when autumn frosts change grapevines from green to gold and burgundy.
Following the race, all runners and spectators may take part in the fun and festive post-race party at CaliPaso Winery. Located in the courtyard and on the expansive lawn, there will be food, beer, wine, and music for all to enjoy. “It’s truly the highlight of the day to see family, friends and loved ones celebrate the runners and their achievements,” said Ashley Blake.
Registration for the half marathon and 10K includes a commemorative race t-shirt, race bib, breakfast ticket, wine pass, and chip timing. In addition, half marathon participants will receive a finishers medal and commemorative stemless wine glass. Beer and wine will be available for purchase for those that are 21 years of age and older. On-site parking, ample restrooms, and many water refill stations will be provided throughout the venue and on the race course.
A “Win Your Weight in Wine” grand prize is given to the first place male and female half marathon winners. Other awards include an engraved plaque for the top three finishers in each gender category and race division, as well as gift cards to The Running Warehouse in San Luis Obispo.
Registration for the half marathon is $99 and the 10K is $64 until Sept. 30. Prices will increase to $109 for the half marathon and $69 for the 10K on Oct. 1. To register or to learn more, visit winecountryruns.com. | https://pasoroblesdailynews.com/wine-country-runs-to-host-new-10k-race-in-paso-robles/147991/?utm_source=rss&utm_medium=rss&utm_campaign=wine-country-runs-to-host-new-10k-race-in-paso-robles | 2022-08-04T21:49:22Z | https://pasoroblesdailynews.com/wine-country-runs-to-host-new-10k-race-in-paso-robles/147991/?utm_source=rss&utm_medium=rss&utm_campaign=wine-country-runs-to-host-new-10k-race-in-paso-robles | false | 2 |
Haryana ADGP hands over ₹65 lakh cheque to slain DSP Surender Singh’s wife
Haryana additional director general of police (ADGP), Ambala range, Shrikant Jadhav on Thursday met the family members of deputy superintendent of police (DSP) Surender Singh, who was mowed down by a dumper that he had signalled to stop during a raid to check illegal mining in Nuh district’s Tauru last month.
Accompanied by senior police officials and Kurukshetra SP Surinder Singh Bhora, the ADGP reached Kurukshetra and handed over a cheque of financial assistance of ₹65 lakh to Surender’s wife Kaushalya Devi.
While expressing his condolences, the ADGP said Surender was a brave officer and he would be remembered for his exemplary courage and professional commitments.
He also assured the aggrieved family members that the Haryana Police would provide all possible assistance to the family as per the welfare schemes of the department.
The financial assistance is given to the dependent under an agreement of accidental death insurance cover where the salary account is maintained with the HDFC Bank.
-
Two people feared drowned in Pong Lake
Two people are feared drowned in Pong Lake on the Beas River in Kangra district on Thursday. The district authorities with the help of the National Disaster Response Force have launched a search and rescue operation in the area. The missing people are Raj Kumar, 45, a resident of Bhayal village and Nikka Ram, 32, of Nandpur Bhatoli. The local administration has engaged divers to trace them.
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AAP extends support to Himachal farmers’ Aug 5 protest
The Himachal Pradesh unit of the Aam Aadmi Party has extended support to the farmers' protest slated to be held outside the state secretariat in Shimla on Friday, and called upon the party workers to actively take part in it. All party workers will stand in support of our farmer brethren, AAP state president Surjeet Thakur said in a statement.
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Gurugram: Locals say revised toll fee on Sohna elevated road ‘too high’
Commuters on the newly developed Sohna elevated road, which was opened to the public last month, will now have to shell out a higher toll fee as the National Highways Authority of India has increased the rates for different categories of vehicles from Thursday, said officials. According to the new rates, a single trip in a car will cost them ₹115 per trip, increased from the previous rate of ₹45.
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Jammu soldier killed in Uttarakhand landslide cremated with full military honours
The mortal remains of 23-year-old rifleman Sukhjinder Singh, who was killed while evacuating an injured comrade from a landslide, were cremated with full military honours at his native village in Suchetgarh of RS Pura sector in Jammu district on Thursday. Central Army Commander Lt Gen Y Dimri and all ranks of the Surya Command saluted the undying spirit of Rifleman Sukhjinder Singh, who made the supreme sacrifice.
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Ludhiana residents startled as sonic boom rips through city
Two loud explosion-like sounds caused due to a sonic boom triggered panic among city residents on Thursday afternoon. While a loud thud was heard around 1.30pm, the second one was heard around 3.30pm across the city. Ludhiana police commissioner Kaustubh Sharma laid rest to speculations of an explosion and revealed that it was just a sonic boom. “We got it checked. It seemed to be just a sonic boom,” he said. | https://www.hindustantimes.com/cities/chandigarh-news/haryana-adgp-hands-over-65-lakh-cheque-to-slain-dsp-surender-singh-s-wife-101659647382347.html | 2022-08-04T21:49:40Z | https://www.hindustantimes.com/cities/chandigarh-news/haryana-adgp-hands-over-65-lakh-cheque-to-slain-dsp-surender-singh-s-wife-101659647382347.html | true | 1 |
Karate Combat has made another huge splash in the sport martial arts world with the signing of Raymond "The Real Deal" Daniels to an exclusive multi-fight deal. Daniels, considered by many to be the greatest point fighter of all time, is well-versed in full-contact combat sports as a former champion in the World Combat League, as well as Glory and Bellator kickboxing. He is known for his flashy style that features a highlight reel full of amazing knockouts backed by extraordinary timing and basics.
His Karate Combat debut is set for KC35 on August 27, headlined by the promotion's lightweight and welterweight champions in a superfight. Although his opponent is yet to be determined, according to the Karate Combat website Daniels is slated to compete in the middleweight division. This is compelling, as a new middleweight champion was recently crowned when fellow sport karate legend Ross Levine defeated Shahin Atamov to claim the gold belt. Could a win by Daniels in his debut set the stage for a thrilling matchup between familiar foes and two of sport karate's all-time greats?
The KC35 card will also feature Irishman Dean Barry, another internationally-known sport karate competitor who will take on Diego Avenado of Venezuela in the welterweight division. With Levine as a champion, Robbie Lavoie winning in his debut the same night that Levine claimed the throne, and more former point fighters joining the roster, it certainly seems that sport martial arts is beginning a takeover of the Karate Combat lineup.
WATCH: Raymond Daniels interviewed on The Jackson Rudolph Podcast for Black Belt Magazine
- Black Belt Hall of Fame 2010-2019 - Black Belt Magazine ›
- The Most Decorated Fighters in Diamond Nationals History - Black ... ›
- Clifton's Corner: A New Weapon in the MMA Arsenal - Black Belt ... ›
- Sport Karate Legend Raymond Daniels Announces MMA Free Agency › | https://blackbeltmag.com/raymond-daniels-karate-combat | 2022-08-04T21:50:26Z | https://blackbeltmag.com/raymond-daniels-karate-combat | true | 1 |
CALABASAS, Calif. (AP) _ American Homes 4 Rent (AMH) on Thursday reported a key measure of profitability in its second quarter. The results matched Wall Street expectations.
The Calabasas, California-based real estate investment trust said it had funds from operations of $153.2 million, or 38 cents per share, in the period.
The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of 38 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $56.6 million, or 16 cents per share.
The real estate company posted revenue of $361.9 million in the period, topping Street forecasts. Six analysts surveyed by Zacks expected $351.3 million.
American Homes 4 Rent expects full-year funds from operations in the range of $1.54 to $1.58 per share.
The company's shares have declined 15% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $37.27, a fall of 11% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMH at https://www.zacks.com/ap/AMH | https://www.middletownpress.com/business/article/American-Homes-4-Rent-Q2-Earnings-Snapshot-17352546.php | 2022-08-04T21:50:34Z | https://www.middletownpress.com/business/article/American-Homes-4-Rent-Q2-Earnings-Snapshot-17352546.php | true | 601 |
Yes, we have no recession.
That’s the word from the President Biden who stated, “We’re not coming into recession, in my view. I don’t think we’re going to – God willing – I don’t think we’re going to see a recession.” This sentiment was echoed by Brian Deese, director of the National Economic Council, who said overall economic data is not consistent with a recession. Meanwhile, Treasury Secretary Janet Yellen insisted, “We’ve entered a new phase in our recovery focused on achieving steady, stable growth.”
These assertions fly in the face of what anyone can see – negative GDP “growth” in the first two quarters of 2022. Two quarters of negative GDP are the popular definition of recession.
So, what are you going to believe? GDP data or politicians in denial?
Rather than deal with the here and now, the White House wants to wait for a recession declaration from the National Bureau of Economic Research. The bureau is a private organization which, for unknown reasons, became the arbiter of business cycle dating. The bureau “emphasizes that a recession involves a significant decline in economic activity that is spread across the economy and lasts more than a few months.” Factors include “real personal income less transfers, nonfarm payroll employment, employment as measured by the household survey, real personal consumption expenditures, wholesale-retail sales adjusted for price changes, and industrial production.”
This is all well and good except for one small detail: The bureau approach is retrospective. In making its recession and recovery pronouncements, it “waits until sufficient data are available to avoid the need for major revisions to the business cycle chronology. In determining the date of the peak in activity, it waits until it is confident that a recession has occurred.”
The practical effect of waiting for absolute confidence is that the bureau never makes a call until a recession is well underway. It did not recognize the onset of the Great Recession of 2007 until a year after it started. It did not recognize the Covid recession of 2020 until after it ended.
Meanwhile, signs of recession abound. The yield curve is fully inverted with short-term interest rates exceeding long-term interest rates. Inverted yield curves are almost always accompanied by recessions. New unemployment claims have risen by an amount predictive of recession. A sharp rise in oil prices preceded five of past six recessions. The Conference Board’s Leading Economic Index declined for the fourth consecutive month which the board says, “points to a U.S. economic downturn ahead.”
These factors do not predict the length or depth of any recession. But we have a president and a Federal Reserve Board Chairman who completely misjudged the risk of inflation in 2021. Watching this duo raise interest rates and increase taxes in the face of two quarters of negative growth does not inspire confidence.
Jeffrey Scharf is the Founder of Act Two Investors LLC, a registered investment adviser. Contact him at jeffrey@acttwoinvestors.com. | https://www.santacruzsentinel.com/2022/08/04/recession-view-in-eye-of-the-beholder-jeffrey-scharf-everybodys-business/ | 2022-08-04T21:52:16Z | https://www.santacruzsentinel.com/2022/08/04/recession-view-in-eye-of-the-beholder-jeffrey-scharf-everybodys-business/ | true | 1 |
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CREDIT SUISSE AG (Form424B2) (0000950103-22-013638)
Accepted:
Form Type:
424B2
Accession Number:
0000950103-22-013638 | https://www.benzinga.com/secfilings/22/08/28338409/credit-suisse-ag-form424b2-0000950103-22-013638 | 2022-08-04T21:53:35Z | https://www.benzinga.com/secfilings/22/08/28338409/credit-suisse-ag-form424b2-0000950103-22-013638 | true | 254241 |
Tennis: Aniruddha to clash with Akshat in U-18 finals
Aniruddh Sangra will lock horns with Akshat Dhull in the boys’ U-18 singles finals during the AITA Championship Series tennis tournament being held at Chandigarh Lawn Tennis Association, Sector 10.
Aniruddh defeated fifth seed Pratham Hitesh Kotak 6-4, 6-3, while top seed Akshat Dhull beat Yashshavi Balhara 6-7(3), 6-4, 6-3. In the boys’ Under-14 singles’ semi-finals, top seed Sumukh Marya defeated Raghav Pawan 7-6(2), 6-1 in straight sets. Sumukh will face Pragun Thakur in the boys’ Under-14 singles final to be played on Friday.
In the girl’s Under-18 singles semi-finals, seventh seed Vanya Arora defeated Bhumi Kakkar 6-3, 4-6, 6-2 while Yashika Sharma upset fourth seed Priyasakhi Sajnani 6-2, 6-0 in straight sets. Third seed Mannat Awasthi and Shrawasti Kundilya advanced into the girls’ Under-14 singles finals.
Arnav & Varchasva bag doubles’ title
Arnav Bishoni and Varchasva Thapliyal defeated Aniruddh Sangra and Ashwajit Senjam in a three-set match 1-6, 6-3, 12-10 in the boys’ Under-18 doubles’ finals. In the boys’ Under-14 doubles final, top seed Haralam Singh and Armaan Walia defeated Gaurish Madaan and Tejas Khosla 7-6(4), 6-3 in straight sets.
Meanwhile, Priyasakshi Sanjani and Radha Sadhra lifted the girls’ Under-18 doubles title by beating Kritika Katoch and Shauryaa Pathak 6-3, 5-7, 10-7.
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Mohali realtor’s false claims busted; HC orders refund with interest
The Punjab and Haryana high court has ordered a Mohali realtor to refund excess funds collected from allottees with interest, as it came to light that the additional “super area” for which it had been taken did not exist. The high court bench of justice Anil Kshetarpal dismissed the appeal of Janta Land Promoters, which had been filed in around 20 cases with multiple petitioners in connection to its project, Sky Garden, in Sector-66-A, Mohali.
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Two held for running fake lottery racket in Karnal
The cybercrime team of the Karnal police has arrested two persons for allegedly running a fake lottery racket and cheating people with lucrative offers. The police have also recovered Rs 69,000, two mobile phones and a laptop. They used to create digital bank accounts of the victims to make them confident about their prize money. The accused have been identified as Satinder Kumar, presently living in Ghaziabad, and Balkishan of Noida of UP.
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Ludhiana | Two cases of hand, foot & mouth disease detected
Two cases of hand, foot and mouth disease (HFMD) were detected in Ludhiana on Thursday. Confirming the development, civil surgeon Dr Hitindra Kaur said that one case has been reported from a school in Khanna while the other patient is undergoing treatment at Christian Medical College and Hospital (CMC&H) in Ludhiana. She cautioned residents against confusing the disease with monkeypox. Currently, there are 260 active cases, of which 240 patients are in home isolation.
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NGT comes down on Punjab over pollution of Ghaggar river
The principal bench of National Green Tribunal headed by Justice Sudhir Agarwal on Thursday came down heavily on the Punjab government over its inability to prevent pollution in the Ghaggar river. Advocate-cum-social activist, Sunaina, had filed a petition in the tribunal seeking issue of time-bound directions to authorities to take preventive measures to avoid pollution in the Ghaggar river and install more sewage treatment plant (STPs) in all villages in its vicinity.
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Corruption case| No bail to ex-LIT chairman Raman Balasubramanium, 5 others
The court of additional sessions judge Ajit Atri on Thursday rejected the anticipatory bail plea of former chairperson of the Ludhiana Improvement Trust, Raman Balasubramanium, in a corruption case related to sale of plots. Apart from him, LIT executive officer Kuljit Kaur, clerk Parveen Kumar and junior assistant Harmit Singh, who are in judicial custody in the case, had also applied for regular bail, but the court dismissed their applications too. | https://www.hindustantimes.com/cities/chandigarh-news/tennis-aniruddha-to-clash-with-akshat-in-u-18-finals-101659644862250.html | 2022-08-04T21:54:06Z | https://www.hindustantimes.com/cities/chandigarh-news/tennis-aniruddha-to-clash-with-akshat-in-u-18-finals-101659644862250.html | false | 1 |
- Record net sales of $492.4 million increased 13% compared to Q2'21 driven by higher selling prices
- Reported net income of $14.3 million and earnings per diluted share of $0.80
- Delivered $58.5 million of adjusted EBITDA and $1.32 of non-GAAP earnings per diluted share
- Successfully amended our credit agreement and extended our maturity profile to June 2027
CONSHOHOCKEN, Pa., Aug. 4, 2022 /PRNewswire/ -- Quaker Houghton ("the Company") (NYSE: KWR), the global leader in industrial process fluids, today announced its second quarter 2022 results.
Second Quarter 2022 Consolidated Results
Second quarter 2022 net sales were a record of $492.4 million, an increase of 13% compared to $435.3 million in the prior year quarter primarily due to an increase in selling price and product mix of approximately 22% and additional net sales from acquisitions of 1%, partially offset by a 6% unfavorable impact from foreign currency translation and a 4% decrease in organic sales volumes. The increase in selling price and product mix was primarily attributable to double-digit price increases in all segments in response to ongoing and unprecedented raw material and supply chain-related inflationary pressures. The decline in organic sales volumes was primarily attributable to COVID-19 related disruptions in China, the wind-down of the tolling agreement for products previously divested related to the Quaker Houghton combination, the impact of the war in Ukraine and the Company's ongoing value based pricing initiatives, partially offset by net new business wins.
The Company generated net income in the second quarter of 2022 of $14.3 million or $0.80 per diluted share, compared to the prior year quarter net income of $33.6 million or $1.88 per diluted share. Excluding non-recurring and non-core items in each period, the Company's second quarter of 2022 non-GAAP earnings per diluted share was $1.32 compared to $1.82 in the prior year quarter. The Company's second quarter of 2022 adjusted EBITDA of $58.5 million declined compared to $70.1 million in the second quarter of 2021, as the increase in net sales was more than offset by lower gross margins primarily attributable to significant increases in raw material and other costs, compared to the prior year period.
Andy Tometich, Chief Executive Officer and President, commented, "We delivered another quarter of record net sales in the second quarter, driven by strong price realization and above market volume growth. As expected our earnings declined primarily due to ongoing inflationary pressures, COVID-19 disruptions in China, unfavorable foreign currency translation, geopolitical issues and other disruptions that impacted our customers and end markets. Notwithstanding, we delivered significant price increases which offset the raw material inflation and helped to stabilize our gross margins on a sequential basis. I am energized by the commitment and focus of our people who continually demonstrate their dedication to delivering on our objectives and the value proposition of our products and services to our customers.
Looking ahead, our focus remains on executing on items within our control. We are actively working with our customers to get the needed pricing to offset the persistent inflationary pressures on our margins while remaining vigilant on our costs. Therefore, despite significant uncertainty caused by several macroeconomic factors, we continue to expect to deliver sequential gross margin expansion and earnings growth in the second half of 2022."
Second Quarter 2022 Segment Results
The Company's second quarter 2022 operating performance of each of its four reportable operating segments: (i) Americas; (ii) Europe, Middle East and Africa ("EMEA"); (iii) Asia/Pacific; and (iv) Global Specialty Businesses, are further described below.
* Refer to the Segment Measures and Reconciliations section below for additional information
All four segments benefitted from double-digit increases in selling price and product mix in the second quarter of 2022 compared to the prior year quarter. Organic sales volumes increased approximately 10% in Global Specialty Businesses compared to the prior year quarter, while the other segments declined due to the impacts on sales volumes mentioned above. The EMEA and Asia/Pacific segments were also significantly impacted by unfavorable foreign currency translation. Operating earnings from the Global Specialty Businesses and Americas segments increased compared to the prior year quarter whereas the other segments declined due to continued raw material and other inflationary cost pressures, the impact of the COVID-19 disruptions in China on our Asia/Pacific segment, and the unfavorable impact from foreign currency translation.
All four segments benefitted from increases in selling price and product mix compared to the first quarter of 2022, as we continued our strategic pricing initiatives. Organic sales volumes increased compared to the first quarter of 2022 in the Global Specialty Businesses and the Americas but declined in Asia/Pacific and EMEA, primarily due to COVID-19 disruptions in China, which impacted our Asia/Pacific segment, as well as lower sales volumes attributable to the war in Ukraine, and the Company's ongoing value based pricing initiatives, partially offset by net new business wins. Asia/Pacific and EMEA were also unfavorably impacted by foreign currency translation.
Cash Flow and Liquidity Highlights
The Company had a net operating cash outflow of $2.1 million during the second quarter of 2022, bringing the year-to-date net operating cash outflow to $8.4 million, compared to a net operating cash outflow of $9.6 million during the six months ended June 30, 2021. The net operating cash outflow in both periods reflects working capital investment primarily related to higher accounts receivable due to increases in net sales and higher inventory due primarily to rising raw material costs and to a lesser extent an increase in certain inventory stocks in response to global supply chain and logistics challenges.
During the second quarter of 2022, the Company successfully amended its credit agreement and extended the maturity from August 2024 to June 2027. As of June 30, 2022, the Company's total gross debt was $989.1 million and its cash and cash equivalents was $202.3 million. The Company's net debt was approximately $786.8 million, and its net debt divided by its trailing twelve months adjusted EBITDA was approximately 3.2x.
Non-GAAP Measures and Reconciliations
The information included in this press release includes non-GAAP (unaudited) financial information that includes EBITDA, adjusted EBITDA, adjusted EBITDA margin, non-GAAP operating income, non-GAAP operating margin, non-GAAP net income and non-GAAP earnings per diluted share. The Company believes these non-GAAP financial measures provide meaningful supplemental information as they enhance a reader's understanding of the financial performance of the Company, are indicative of future operating performance of the Company, and facilitate a comparison among fiscal periods, as the non-GAAP financial measures exclude items that are not indicative of future operating performance or not considered core to the Company's operations. Non-GAAP results are presented for supplemental informational purposes only and should not be considered a substitute for the financial information presented in accordance with GAAP.
The Company presents EBITDA which is calculated as net income attributable to the Company before depreciation and amortization, interest expense, net, and taxes on income before equity in net (loss) income of associated companies. The Company also presents adjusted EBITDA which is calculated as EBITDA plus or minus certain items that are not indicative of future operating performance or not considered core to the Company's operations. In addition, the Company presents non-GAAP operating income which is calculated as operating income plus or minus certain items that are not indicative of future operating performance or not considered core to the Company's operations. Adjusted EBITDA margin and non-GAAP operating margin are calculated as the percentage of adjusted EBITDA and non-GAAP operating income to consolidated net sales, respectively. The Company believes these non-GAAP measures provide transparent and useful information and are widely used by investors, analysts, and peers in our industry as well as by management in assessing the operating performance of the Company on a consistent basis.
Additionally, the Company presents non-GAAP net income and non-GAAP earnings per diluted share as additional performance measures. Non-GAAP net income is calculated as adjusted EBITDA, defined above, less depreciation and amortization, interest expense, net, and taxes on income before equity in net (loss) income of associated companies, in each case adjusted, as applicable, for any depreciation, amortization, interest or tax impacts resulting from the non-core items identified in the reconciliation of net income attributable to the Company to adjusted EBITDA. Non-GAAP earnings per diluted share is calculated as non-GAAP net income per diluted share as accounted for under the "two-class share method." The Company believes that non-GAAP net income and non-GAAP earnings per diluted share provide transparent and useful information and are widely used by investors, analysts, and peers in our industry as well as by management in assessing the operating performance of the Company on a consistent basis.
As it relates to 2022 projections for the Company as well as other forward-looking information described further above, the Company has not provided guidance for comparable GAAP measures or a quantitative reconciliation of forward-looking non-GAAP financial measures to the most directly comparable U.S. GAAP measure because it is unable to determine with reasonable certainty the ultimate outcome of certain significant items necessary to calculate such measures without unreasonable effort. These items include, but are not limited to, certain non-recurring or non-core items the Company may record that could materially impact net income, as well as the impact of COVID-19. These items are uncertain, depend on various factors, and could have a material impact on the U.S. GAAP reported results for the guidance period.
The Company's reference to trailing twelve months adjusted EBITDA within this press release refers to the twelve month period ended June 30, 2022 adjusted EBITDA of $245.8 million, which includes (i) the six months ended June 30, 2022 adjusted EBITDA of $118.9 million, as presented in the non-GAAP reconciliations below, and (ii) the twelve months ended December 31, 2021 adjusted EBITDA of $274.1 million, as presented in the non-GAAP reconciliations included in the Company's fourth quarter and full year 2021 results press release dated February 24, 2022, less (iii) the six months ended June 30, 2021 adjusted EBITDA of $147.2 million, as presented in the non-GAAP reconciliations below.
Certain of the prior period non-GAAP financial measures presented in the following tables have been adjusted to conform with current period presentation. The following tables reconcile the Company's non-GAAP financial measures (unaudited) to their most directly comparable GAAP (unaudited) financial measures (dollars in thousands unless otherwise noted, except per share amounts):
Non-GAAP Operating Income and Margin Reconciliations
Segment Measures and Reconciliations
The Company's operating segments, which are consistent with its reportable segments, reflect the structure of the Company's internal organization, the method by which the Company's resources are allocated and the manner by which the chief operating decision maker assesses the Company's performance. The Company has four reportable segments: (i) Americas; (ii) EMEA; (iii) Asia/Pacific; and (iv) Global Specialty Businesses. The three geographic segments are composed of the net sales and operations in each respective region, excluding net sales and operations managed globally by the Global Specialty Businesses segment, which includes the Company's container, metal finishing, mining, offshore, specialty coatings, specialty grease and Norman Hay businesses. Segment operating earnings for each of the Company's reportable segments are comprised of the segment's net sales less directly related COGS and selling, general and administrative expenses. Operating expenses not directly attributable to the net sales of each respective segment, such as certain corporate and administrative costs, Combination, integration and other acquisition-related expenses, and Restructuring and related charges, are not included in segment operating earnings. Other items not specifically identified with the Company's reportable segments include interest expense, net and other (expense) income, net.
The following tables reconcile the Company's reportable operating segments performance to that of the Company (dollars in thousands):
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements can be identified by the fact that they do not relate strictly to historical or current facts. We have based these forward-looking statements, including statements regarding the potential effects of the COVID-19 pandemic, the Russia and Ukraine conflict, inflation and global supply chain constraints on the Company's business, results of operations, and financial condition, our expectations that we will maintain sufficient liquidity and remain in compliance with the terms of the Company's credit facility, expectations about future demand and raw material costs, and statements regarding the impact of increased raw material costs and pricing initiatives, on our current expectations about future events. These forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, intentions, financial condition, results of operations, future performance, and business, including but not limited to the potential benefits of the Combination and other acquisitions, the impacts on our business as a result of the COVID-19 pandemic and global supply chain constraints, and our current and future results and plans and statements that include the words "may," "could," "should," "would," "believe," "expect," "anticipate," "estimate," "intend," "plan" or similar expressions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected in such statements. A major risk is that demand for the Company's products and services is largely derived from the demand for its customers' products, which subjects the Company to uncertainties related to downturns in a customer's business and unanticipated customer production slowdowns and shutdowns, including as is currently being experienced by many automotive industry companies as a result of supply chain disruptions. Other major risks and uncertainties include, but are not limited to, the primary and secondary impacts of the COVID-19 pandemic, including actions taken in response to the pandemic by various governments, which could exacerbate some or all of the other risks and uncertainties faced by the Company, as well as inflationary pressures, including the potential for significant increases in raw material costs, supply chain disruptions, customer financial instability, rising interest rates and the potential of economic recession, worldwide economic and political disruptions, including the impacts of the military conflict between Russia and Ukraine, the economic and other sanctions imposed by other nations on Russia, suspensions of activities in Russia by many multinational companies and the potential expansion of military activity, foreign currency fluctuations, significant changes in applicable tax rates and regulations, future terrorist attacks and other acts of violence. Furthermore, the Company is subject to the same business cycles as those experienced by our customers in the steel, automobile, aircraft, industrial equipment, and durable goods industries. The ultimate impact of COVID-19 on our business will depend on, among other things, the extent and duration of the pandemic, the severity of the disease and the number of people infected with the virus including new variants, the continued uncertainty regarding global availability, administration, acceptance and long-term efficacy of vaccines, or other treatments for COVID-19 or its variants, the longer-term effects on the economy of the pandemic, including the resulting market volatility, and by the measures taken by governmental authorities and other third parties restricting day-to-day life and business operations and the length of time that such measures remain in place, as well as laws and other governmental programs implemented to address the pandemic or assist impacted businesses, such as fiscal stimulus and other legislation designed to deliver monetary aid and other relief. Other factors could also adversely affect us, including those related to the Combination and other acquisitions and the integration of acquired businesses. Our forward-looking statements are subject to risks, uncertainties and assumptions about the Company and its operations that are subject to change based on various important factors, some of which are beyond our control. These risks, uncertainties, and possible inaccurate assumptions relevant to our business could cause our actual results to differ materially from expected and historical results. All forward-looking statements included in this press release, including expectations about business conditions during 2022 and future periods, are based upon information available to the Company as of the date of this press release, which may change. Therefore, we caution you not to place undue reliance on our forward-looking statements. For more information regarding these risks and uncertainties as well as certain additional risks that we face, refer to the Risk Factors section, which appears in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2021, and in subsequent reports filed from time to time with the Securities and Exchange Commission. We do not intend to, and we disclaim any duty or obligation to, update or revise any forward-looking statements to reflect new information or future events or for any other reason. This discussion is provided as permitted by the Private Securities Litigation Reform Act of 1995.
Conference Call
As previously announced, the Company's investor conference call to discuss its second quarter 2022 performance is scheduled for August 5, 2022 at 8:30 a.m. ET. A live webcast of the conference call, together with supplemental information, can be accessed through the Company's Investor Relations website at investors.quakerhoughton.com. You can also access the conference call by dialing 877-269-7756.
About Quaker Houghton
Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world's most advanced and specialized steel, aluminum, automotive, aerospace, offshore, can, mining, and metalworking companies. Our high-performing, innovative and sustainable solutions are backed by best-in-class technology, deep process knowledge and customized services. With approximately 4,700 employees, including chemists, engineers and industry experts, we partner with our customers to improve their operations so they can run even more efficiently, even more effectively, whatever comes next. Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. Visit quakerhoughton.com to learn more.
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SOURCE Quaker Houghton | https://www.kgns.tv/prnewswire/2022/08/04/quaker-houghton-announces-second-quarter-2022-results/ | 2022-08-04T21:54:46Z | https://www.kgns.tv/prnewswire/2022/08/04/quaker-houghton-announces-second-quarter-2022-results/ | false | 12 |
Increased dividend ~7% on an annualized basis, effective in the third quarter
Announces restructuring program in connection with strategic portfolio reviews
INDIANAPOLIS, Aug. 4, 2022 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) ("Corteva" or the "Company") today reported financial results for the second quarter and six months ended June 30, 2022.
2Q 2022 Results Overview
1H 2022 Results Overview
First Half 2022 Highlights
- First half 2022 net sales rose 11% versus prior year with gains in both segments. Organic1 sales increased 14% in the same period with gains in all regions.
- Seed net sales grew 3% and organic1 sales increased 6% year over year, with notable gains in EMEA2, partially offset by the reduction of corn acres and canola volumes in North America2. Price was up 7% globally, led by continued execution on the company's price for value strategy and recovery of higher input costs.
- Crop Protection net sales grew 24% and organic1 sales increased 28%, led by North America2 and Latin America. Volume gains were driven by continued penetration of new products, including EnlistTM and ArylexTM herbicides and OnmiraTM fungicide, and strong early demand in Latin America. Price gains reflected strong execution across all regions in response to cost inflation.
- GAAP income and earnings per share (EPS) from continuing operations were $1.58 billion and $2.16 per share for the first half of 2022, respectively. Operating EBITDA1 was $2.76 billion, a 17% improvement over prior year on strong price execution and volume gains in all regions and productivity actions, partially offset by inflation and currency headwinds. Operating EPS1 was $2.61 per share, up 19% compared to prior year.
- Management increased full year 2022 net sales and earnings guidance3. Net sales is expected to be in the range of $17.2 billion to $17.5 billion and Operating EBITDA1 is expected to be in the range of $2.95 billion to $3.10 billion. Operating EPS1 is expected to be in the range of $2.45 to $2.60 per share.
- The Company announced a ~7% annualized dividend increase effective in the third quarter – reflecting continued focus on returning capital to shareholders.
"Corteva delivered an impressive first half with double-digit sales and Operating EBITDA growth and margin expansion, reflecting strong customer demand and focused execution amidst dynamic market conditions.
"We also continue to take actions to accelerate performance, including the completion of strategic portfolio reviews aimed at refining our strategy, driving operational execution, and making disciplined investment decisions in innovation and technology to deliver increased value to farmers and contribute to a more sustainable global food system.
"We believe that we are well-positioned to continue to adapt and execute in a challenging operating environment. Our strong first half momentum and robust market fundamentals have given us confidence to raise our guidance for the year," said Chuck Magro, Corteva Chief Executive Officer.
Company Updates
- Company Announces Completion of Strategic Portfolio Reviews
- EnlistTM System Accelerates Market Penetration for 2022
2022 Updated Guidance
The outlook for agriculture remains robust despite recent commodity price volatility. The Company expects record demand for grain and oilseeds in 2022, which should support commodity prices as ending stocks remain under pressure. Grower balance sheets and income levels remain healthy despite increased input costs for fuel and fertilizer, leading customers to prioritize technology to maximize return.
As a result, the Company updated its previously provided guidance3 for the full year 2022 – increasing sales and earnings expectations for this period. Corteva expects net sales in the range of $17.2 billion to $17.5 billion, which at the mid-point represents expected net sales growth of 11% for the year. Operating EBITDA1 is expected to be in the range of $2.95 billion to $3.10 billion, which at the mid-point represents expected Operating EBITDA1 growth of 17% for the year. Operating EPS1 is expected to be in the range of $2.45 to $2.60 per share. The Company is not able to reconcile its forward-looking non-GAAP financial measures to its most comparable U.S. GAAP financial measures, as it is unable to predict with reasonable certainty items outside of its control, such as Significant Items, without unreasonable effort.
Click here to download the full press release, including segment detail and reconciliations of non-GAAP and GAAP measures, or visit the Corteva Investor Relations website.
About Corteva
Corteva, Inc. (NYSE: CTVA) is a publicly traded, global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world's most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the Company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.
Follow Corteva on Facebook, Instagram, LinkedIn, Twitter and YouTube.
Cautionary Statement About Forward-Looking Statements
This report contains certain estimates and forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, which are intended to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and may be identified by their use of words like "plans," "expects," "will," "anticipates," "believes," "intends," "projects," "estimates," "outlook," or other words of similar meaning. All statements that address expectations or projections about the future, including statements about Corteva's financial results or outlook; strategy for growth; product development; regulatory approvals; market position; capital allocation strategy; liquidity; environmental, social and governance ("ESG") targets and initiatives; the anticipated benefits of acquisitions, restructuring actions, or cost savings initiatives; and the outcome of contingencies, such as litigation and environmental matters, are forward-looking statements.
Forward-looking statements and other estimates are based on certain assumptions and expectations of future events which may not be accurate or realized. Forward-looking statements and other estimates also involve risks and uncertainties, many of which are beyond Corteva's control. While the list of factors presented below is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on Corteva's business, results of operations and financial condition. Some of the important factors that could cause Corteva's actual results to differ materially from those projected in any such forward-looking statements include: (i) failure to successfully develop and commercialize Corteva's pipeline; (ii) failure to obtain or maintain the necessary regulatory approvals for some of Corteva's products; (iii) effect of the degree of public understanding and acceptance or perceived public acceptance of Corteva's biotechnology and other agricultural products; (iv) effect of changes in agricultural and related policies of governments and international organizations; (v) effect of competition and consolidation in Corteva's industry; (vi) effect of competition from manufacturers of generic products; (vii) costs of complying with evolving regulatory requirements and the effect of actual or alleged violations of environmental laws or permit requirements; (viii) effect of climate change and unpredictable seasonal and weather factors; (ix) failure to comply with competition and antitrust laws; (x) competitor's establishment of an intermediary platform for distribution of Corteva's products; (xi) impact of Corteva's dependence on third parties with respect to certain of its raw materials or licenses and commercialization; (xii) effect of industrial espionage and other disruptions to Corteva's supply chain, information technology or network systems; (xiii) effect of volatility in Corteva's input costs; (xiv) failure to raise capital through the capital markets or short-term borrowings on terms acceptable to Corteva; (xv) failure of Corteva's customers to pay their debts to Corteva, including customer financing programs; (xvi) increases in pension and other post-employment benefit plan funding obligations; (xvii) risks related to environmental litigation and the indemnification obligations of legacy EID liabilities in connection with the separation of Corteva; (xviii) risks related to Corteva's global operations; (xix) failure to effectively manage acquisitions, divestitures, alliances, restructurings, cost savings initiatives, and other portfolio actions; (xx) capital markets sentiment towards ESG matters (xxi) risks related to COVID-19; (xxii) Corteva's ability to recruit and retain key personnel; (xxiii) Corteva's intellectual property rights or defend against intellectual property claims asserted by others; (xxiv) effect of counterfeit products; (xxv) Corteva's dependence on intellectual property cross-license agreements; (xxvi) other risks related to the Separation from DowDuPont; and (xxvii) risks related to the Russia and Ukraine military conflict.
Additionally, there may be other risks and uncertainties that Corteva is unable to currently identify or that Corteva does not currently expect to have a material impact on its business. Where, in any forward-looking statement or other estimate, an expectation or belief as to future results or events is expressed, such expectation or belief is based on the current plans and expectations of Corteva's management and expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the expectation or belief will result or be achieved or accomplished. Corteva disclaims and does not undertake any obligation to update or revise any forward-looking statement, except as required by applicable law. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements is included in the "Risk Factors" section of Corteva's Annual Report on Form 10-K, as modified by subsequent Quarterly Reports on Forms 10-Q and Current Reports on Form 8-K.
Regulation G (Non-GAAP Financial Measures)
This earnings release includes information that does not conform to U.S. GAAP and are considered non-GAAP measures. These measures may include organic sales, organic growth (including by segment and region), operating EBITDA, operating earnings (loss) per share, and base income tax rate. Management uses these measures internally for planning and forecasting, including allocating resources and evaluating incentive compensation. Management believes that these non-GAAP measures best reflect the ongoing performance of the Company during the periods presented and provide more relevant and meaningful information to investors as they provide insight with respect to ongoing operating results of the Company and a more useful comparison of year over year results. These non-GAAP measures supplement the Company's U.S. GAAP disclosures and should not be viewed as an alternative to U.S. GAAP measures of performance. Furthermore, such non-GAAP measures may not be consistent with similar measures provided or used by other companies. Reconciliations for these non-GAAP measures to U.S. GAAP are provided in the Selected Financial Information and Non-GAAP Measures starting on page A-5 of the Financial Statement Schedules.
Corteva is not able to reconcile its forward-looking non-GAAP financial measures to its most comparable U.S. GAAP financial measures, as it is unable to predict with reasonable certainty items outside of the Company's control, such as Significant Items, without unreasonable effort. For Significant items reported in the periods presented, refer to page A-10 of the Financial Statement Schedules. Beginning January 1, 2020, the Company presents accelerated prepaid royalty amortization expense as a significant item. Accelerated prepaid royalty amortization represents the noncash charge associated with the recognition of upfront payments made to Monsanto in connection with the Company's non-exclusive license in the United States and Canada for Monsanto's Genuity® Roundup Ready 2 Yield® Roundup Ready 2 Xtend® herbicide tolerance traits. During the five-year ramp-up period of Enlist E3TM, Corteva is expected to significantly reduce the volume of products with the Roundup Ready 2 Yield® and Roundup Ready 2 Xtend® herbicide tolerance traits beginning in 2021, with expected minimal use of the trait platform after the completion of the ramp-up. Additionally, in connection with the Company's shift to a global business unit model, the Company has assessed its business priorities and operational structure to maximize the customer experience and deliver on growth and earnings potential. As a result of this assessment, the company has committed to restructuring actions that, combined with the impact of the company's separate announcement to withdraw from Russia and stop production and business activities ("Russia Exit") (collectively the "2022 Restructuring Actions"), have resulted in expected total pre-tax restructuring and other charges of approximately $350 million to $420 million. The restructuring actions associated with these charges are expected to be substantially complete in 2023. Organic sales is defined as price and volume and excludes currency and portfolio impacts. Operating EBITDA is defined as earnings (loss) (i.e., income (loss) from continuing operations before income taxes) before interest, depreciation, amortization, non-operating benefits (costs), foreign exchange gains (losses), and net unrealized gain or loss from mark-to-market activity for certain foreign currency derivative instruments that do not qualify for hedge accounting, excluding the impact of significant items. Non-operating (benefits) costs consists of non-operating pension and other post-employment benefit (OPEB) benefits (costs), tax indemnification adjustments, and environmental remediation and legal costs associated with legacy businesses and sites of Historical DuPont. Tax indemnification adjustments relate to changes in indemnification balances, as a result of the application of the terms of the Tax Matters Agreement, between Corteva and Dow and/or DuPont that are recorded by the Company as pre-tax income or expense.
Operating earnings (loss) per share is defined as "earnings (loss) per common share from continuing operations - diluted" excluding the after-tax impact of significant items, the after tax impact of non-operating benefits (costs), the after-tax impact of amortization expense associated with intangible assets existing as of the Separation from DowDuPont, and the after-tax impact of net unrealized gain or loss from mark-to-market activity for certain foreign currency derivative instruments that do not qualify for hedge accounting. Although amortization of the Company's intangible assets is excluded from these non-GAAP measures, management believes it is important for investors to understand that such intangible assets contribute to revenue generation. Amortization of intangible assets that relate to past acquisitions will recur in future periods until such intangible assets have been fully amortized. Any future acquisitions may result in amortization of additional intangible assets. Net unrealized gain or loss from mark-to-market activity for certain foreign currency derivative instruments that do not qualify for hedge accounting represents the non-cash net gain (loss) from changes in fair value of certain undesignated foreign currency derivative contracts. Upon settlement, which is within the same calendar year of execution of the contract, the realized gain (loss) from the changes in fair value of the non-qualified foreign currency derivative contracts will be reported in the relevant non-GAAP financial measures, allowing quarterly results to reflect the economic effects of the foreign currency derivative contracts without the resulting unrealized mark to fair value volatility. Base income tax rate is defined as the effective tax rate excluding the impacts of foreign exchange gains (losses), non-operating benefits (costs), amortization of intangibles (existing as of the Separation), mark-to-market gains (losses) on certain foreign currency contracts not designated as hedges, and significant items.
® TM Corteva Agriscience and its affiliated companies.
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SOURCE Corteva, Inc. | https://www.ky3.com/prnewswire/2022/08/04/corteva-reports-second-quarter-first-half-2022-results-raises-full-year-net-sales-earnings-guidance/ | 2022-08-04T21:56:00Z | https://www.ky3.com/prnewswire/2022/08/04/corteva-reports-second-quarter-first-half-2022-results-raises-full-year-net-sales-earnings-guidance/ | true | 36 |
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A boisterous extended clan gathers for a family holiday, launching the requisite arguments, hurt feelings, grudges, inside jokes, laughter, love, reconciliation and lots of eating, plus maybe a car chase.
So far, so familiar.
What’s different about “ Easter Sunday,” a joyful if overly broad family dramedy starring comedian Jo Koy, is that this extended clan is a Filipino American family and the cast is almost all Filipino, with a few familiar actors finally getting cast as Filipino characters And that in itself is a welcome achievement, especially for Koy, whose life is clearly echoed here and who anchors the enterprise with a winning charm. The writing could surely be sharper and the ending is more than a little sappy. But this is an undeniable step forward for representation on the big screen.
Koy clearly channels much of his own story in this, his feature film debut, drawing from his hugely popular standup comedy (Jay Chandrasekhar directs from a script by Kate Angelo and Ken Cheng.). He plays Joe Valencia, a Los Angeles comedian seeking his big acting break in Hollywood — just as he’s navigating family issues on multiple fronts, all coming to a head on, well, Easter Sunday.
We meet Joe, a divorced dad, on a day of competing obligations. His son, Junior (a sweetly goofy Brandon Wardell) needs his presence at a school meeting to discuss mediocre grades. His own demanding mom, Susan (Lydia Gaston, blending imperious, demanding, loving and needy) is constantly calling, making sure he’s on track for Easter celebrations. And he’s auditioning for a sitcom — something that'll take him beyond that beer commercial where he’s famous for the line, “Let’s get this party started, baby!”
Joe (unsurprisingly) misses the school meeting but makes the audition, only to be told that they love him but want a “half-Filipino accent” — even though it’s an accent he doesn’t have. “This show just wants a funny-sounding Filipino,” he complains to his agent, who tells him to just suck it up and do the accent. (The agent is played, winkingly, by director Chandrasekhar as a guy who’s always suspiciously driving through tunnels and losing his cell signal.)
Easter Sunday comes, and Joe heads up the California coast to Daly City and the Filipino American neighborhood where his mom and her sister, Teresa (Tia Carrere, who has said this is her first Filipino role in a 40-year career), are each planning holiday meals. They’re feuding, too, over something or other. It doesn’t help that the two women happen to wear the exact same exact dress to church (yes, that old joke.) Much funnier is their fierce competition over the balikbayan boxes filled with gifts to be sent to family back home.
As the holiday festivities proceed apace and Joe tries to keep his sitcom prospects alive, several subplots come into play. One involves Joe’s lovable but less-than-sensible cousin Eugene (Eugene Cordero) and his ill-conceived entrepreneurial efforts, which land him and Joe into potentially deadly conflict with gun-toting bully Dev Deluxe (Asif Ali) and bring them together, improbably, with Filipino American star Lou Diamond Phillips, playing himself.
There’s also a brief run-in with the law during a car chase, the law being none other than Tiffany Haddish, in a cameo as Vanessa, an ex of Joe’s with an axe to grind and, now, a cop's badge.
Haddish is, not surprisingly, quite funny. Less welcome is the whole splapsticky criminal-gang subplot that detracts from the more human themes. Speaking of humanity, the lovely Eva Noblezada projects it beautifully as Tala, a romantic interest for Junior — a confident young woman who shows the LA-raised boy some of the values around family that she’s learned in Daly City.
If you’re a Broadway fan, you may know Noblezada from “Hadestown,” in which her terrific singing talent, teased here for a few seconds, is on full display. (Couldn't they have given her more bars?) Noblezada’s unforced delivery makes her scenes a highlight in a film that overall relies too heavily on broad comedy. A church service turned standup routine seems especially forced.
And yet, one can’t help leaving with a smile. Food, family, a big karaoke scene … and a spotlight on an immigrant community underrepresented in Hollywood. There are worse ways to spend 96 minutes.
“Easter Sunday,” a Universal Studios release, has been rated PG-13 by the Motion Picture Association of America for “some strong language, and suggestive references. “ Running time: 96 minutes. Two stars out of four.
___
MPAA definition of PG-13: Parents strongly cautioned. Some material may be inappropriate for children under 13.
___
For more AP film reviews, go to https://apnews.com/hub/film-reviews. | https://www.stamfordadvocate.com/entertainment/article/Review-Easter-Sunday-is-a-loving-ode-to-17352202.php | 2022-08-04T22:01:29Z | https://www.stamfordadvocate.com/entertainment/article/Review-Easter-Sunday-is-a-loving-ode-to-17352202.php | true | 29 |
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(U) You can also matter a b-dos charge so you can a kid seeking enter the United states with the purchase of You.S. citizenship within the Son Citizenship Operate out of 2000 (Societal Law 106-395) given the kid shows a purpose to go back overseas immediately following good brief stay in the us.
an excellent. (U) Candidates who would like to get in the usa to possess team and you may who’re if not entitled to charge issuance, are classifiable due to the fact nonimmigrant B-step one group considering it meet the requirements discussed inside 9 FAM 402.2-5(B) courtesy (F) less than. Entering company considered for B-step 1 charge class essentially requires company issues besides the fresh overall performance out-of skilled or inexperienced work. Specific situations otherwise previous activities have been found to-fall in this this new variables regarding the classification and are usually here.
b. (U) It can be tough to separate ranging from suitable B-step one team affairs, and issues one make-up skilled otherwise inexperienced labor regarding the United Claims which are not appropriate towards the B condition. New clearest judge definition arises from the selection of your own Board out-of Immigration Appeals inside the Question of Hira, confirmed from the Attorney General. The selection stated that this was an appropriate B-1 craft due to the fact dominating bar or nightclub in addition to actual place of accrual out of profits, or no, was in new foreign country. Every following the types of best B-1 relate solely to this new Hira ruling, for the reason that it relate genuinely to situations that will be incidental to work that may principally be achieved outside the United states.
c. (U) You may come across an incident associated with temporary a position on United Says, and that will not fall when you look at the kinds given just below. You should fill out such as times working of the Courtroom Adviser having Consular Factors (L/CA) in accordance with the steps inside the nine FAM 402.2-5(H) less than having AO to make sure regularity and right application of the laws. | http://www.theasian.asia/archives/151394 | 2022-08-04T22:04:17Z | http://www.theasian.asia/archives/151394 | true | 1 |
On Wednesday, STARZ announced it’s spinning off its successful, time-jumping romantic drama Outlander with a prequel series called Outlander: Blood of My Blood.
ABC Audio has learned the new show will center on the parents of Jamie Fraser, who is played by hunky Scot Sam Heughan in the original show.
The writers’ room is getting to work, the network explains, and Diana Gabaldon, the author whose bestselling books inspired the original series, will serve as a consulting producer for the new show.
“Outlander is a riveting show that from season to season has captured the hearts of its fans around the world,” Kathryn Busby, president of original programming at STARZ, said in the network’s announcement.
“We are excited to peel back the layers of this vibrant world to bring our audience the origin of where it all began … We can’t wait to see what happens next.”
Copyright © 2022, ABC Audio. All rights reserved. | https://wtmx.com/blood-of-my-blood-starz-announces-outlander-prequel-series/ | 2022-08-04T22:04:59Z | https://wtmx.com/blood-of-my-blood-starz-announces-outlander-prequel-series/ | false | 3 |
- Produced 50 Nikola Tre BEVs in Coolidge, Arizona, and delivered 48 to dealers
- Reported revenues of $18.1 million, GAAP net loss per share of $0.41, and non-GAAP net loss per share of $0.25
- Cash & Restricted Cash of $529.2 million and $312.5 million remaining ELOC commitment totaling $841.8 million in total liquidity at the end of Q2, up from $794.0 million in Q1
- Announced station progress in California in the cities of Ontario, Colton, and a location servicing the Port of Long Beach
- Stockholders approved proposal 2 increasing authorized shares from 600 million to 800 million
PHOENIX, Aug. 4, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation solutions, today reported financial results for the quarter ended June 30, 2022.
"Our momentum continued during the second quarter as we began delivering production vehicles to dealers and recognizing revenue from the sale of our Nikola Tre BEVs," said Mark Russell, Nikola's Chief Executive Officer. "We are committed to executing on our second half milestones."
Financial Overview
We reported $18.1 million in revenues on deliveries of 48 Tre BEVs and four (4) Mobile Charging Trailers (MCT) in Q2. Two (2) additional Tre BEVs were delivered in the first week of July, which will be reported as part of Q3 revenues. We increased our total liquidity to $841.8 million in Q2 from $794.0 million at the end of Q1. As mentioned in May, we also successfully raised $200 million in a private placement of convertible notes during the quarter.
Nikola Tre BEV Update
During the second quarter, we produced 50 Nikola Tre BEVs and delivered 48 of those to dealers. We also continued pilot testing with a number of fleets to help facilitate additional orders and build our backlog. Pilots completed / ongoing include:
- TTSI (Complete) – 106 days / 11,752 miles / 93% uptime
- Univar Solutions (Complete) – 14 days / 858 miles / 100% uptime
- Covenant Logistics (Extended & Ongoing) – 111 days / 3,423 miles / 94% uptime
- RoadOne / IKEA (Complete) – 36 days / 3,285 miles / 91%
- Benore Logistics Systems (Complete) – 30 days / 2,296 miles / 100% uptime
Nikola Tre FCEV Program Update
In the second quarter, we began Tre FCEV alpha pilot testing with TTSI in Southern California. As of today, the trucks have accumulated over 3,800 miles. We expect to begin FCEV pilot testing with Walmart in Southern California on August 22.
During the second quarter, we began building the first Tre FCEV betas. The first batch of betas are scheduled to be complete by the end of August. We expect to build two additional batches of Tre FCEV betas by the end of the fourth quarter. Beta trucks incorporate learnings from the alpha trials and will be used for engineering and product development.
Coolidge, Arizona Manufacturing Facility Update
We are ramping up production capacity in Coolidge, Arizona. We expect to increase our throughput to five units per shift by November of this year. Phase 2 expansion is underway and on track to be completed by Q1 2023.
H2 Dispensing Station Updates
On August 3, we announced we had made significant progress in partnership with TravelCenters of America on the first hydrogen dispensing station in Ontario, California. We have executed the definitive agreement, agreed on the station design, and have ordered key equipment.
We also executed a land lease in Colton, California to build a greenfield hydrogen dispensing station, and identified a parcel servicing the Port of Long Beach to build a greenfield hydrogen dispensing station. We anticipate the stations will be complete by Q4 2023.
Nikola - IVECO European JV
In June, together with IVECO, we agreed to expand our 50/50 European JV to include engineering and product development. During the second quarter, the JV entity began building the first EU Tre 4x2 BEV alphas. Production for EU Tre BEV is expected to commence in the second half of 2023. The JV also started building EU Tre FCEV betas, which are expected to begin production in the first half of 2024.
Second Quarter Financial Highlights
Business Outlook
We remain on track to achieve the following milestones in 2022:
- Deliver 300 to 500 production Tre BEV trucks
- Successful FCEV alpha pilot testing with Anheuser-Busch and TTSI
- Build, validate and test Tre FCEV beta trucks
- Announce location, break ground, and commence construction of the first hydrogen production hub in Arizona
- Announce two or more dispensing station partners in California
Webcast and Conference Call Information
Nikola will host a webcast to discuss its second-quarter results at 6:30 a.m. Pacific Time (9:30 a.m. Eastern Time) on August 4, 2022. To access the webcast, parties in the United States should follow this link: https://www.webcast-eqs.com/register/nikola20220804/en.
The live audio webcast, along with supplemental information, will be accessible on the Company's Investor Relations website at https://nikolamotor.com/investors/news?active=events. A recording of the webcast will also be available following the earnings call.
About Nikola Corporation
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of federal securities laws with respect to Nikola Corporation (the "Company"), including statements relating to the Company's future performance and milestones; expected timing of manufacturing facility expansion and production capacity; expectations regarding hydrogen dispensing stations, our joint venture, and our pilot programs; timing of completion of testing, production, as well as other milestones; the Company's business outlook; and terms and potential benefits of planned collaborations with strategic partners. These forward-looking statements generally are identified by words such as "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: design and manufacturing changes and delays, including global shortages in parts and materials; general economic, financial, legal, regulatory, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; the outcome of legal, regulatory and judicial proceedings to which the Company is, or may become a party; demand for and customer acceptance of the Company's trucks; the results of customer pilot testing; the execution and terms of definitive agreements; risks associated with development and testing of fuel-cell power modules and hydrogen storage systems; risks related to the rollout of the Company's business and the timing of expected business milestones; the effects of competition on the Company's future business; the availability of and need for capital; the impact of our recently-announced planned acquisition; and the factors, risks and uncertainties regarding the Company's business described in the "Risk Factors" section of the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2022 filed with the SEC, in addition to the Company's subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause the Company's actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Use of Non-GAAP Financial Measures
This press release references Adjusted EBITDA, non-GAAP net loss, and non-GAAP net loss per share, basic and diluted, all of which are non-GAAP financial measures and are presented as supplemental measures of the Company's performance. The Company defines Adjusted EBITDA as earnings before interest expense, taxes, depreciation and amortization, stock-based compensation expense, and certain other items determined by the Company. Non-GAAP net loss is defined as net loss adjusted for stock-based compensation expense and certain other items determined by the Company. Non-GAAP net loss per share basic and diluted is defined as non-GAAP net loss divided by weighted average basic and diluted shares outstanding. These non-GAAP measures are not substitutes for or superior to measures of financial performance prepared in accordance with generally accepted accounting principles in the United States (GAAP) and should not be considered as an alternative to any other performance measures derived in accordance with GAAP.
The Company believes that presenting these non-GAAP measures provides useful supplemental information to investors about the Company in understanding and evaluating its operating results, enhancing the overall understanding of its past performance and future prospects, and allowing for greater transparency with respect to key financial metrics used by its management in financial and operational-decision making. However, there are a number of limitations related to the use of non-GAAP measures and their nearest GAAP equivalents. For example, other companies may calculate non-GAAP measures differently or may use other measures to calculate their financial performance, and therefore any non-GAAP measures the Company uses may not be directly comparable to similarly titled measures of other companies.
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The 5 Best Weather Radios Keep You Prepared for Emergencies
If you purchase an independently reviewed product or service through a link on our website, SPY.com may receive an affiliate commission.
We rely on our smartphones for virtually everything, from ordering food to ordering a cab, checking into flights and setting early morning alarms. But when disaster strikes, smartphones aren’t a reliable tool. If electricity is out, you may not have a way to charge your phone. If cell towers are down, signals will no longer be able to reach your phone. For these reasons and many more, adding an NOAA weather radio to your emergency kit is just as important as water, food, and medical supplies.
Because of the changing climate, weather emergencies, natural disasters and even man-made catastrophes are becoming more common, and many of us are becoming desensitized to events like forest fires and floods. However, it is absolutely crucial to stay alert and informed, and a simple handheld weather radio ensures you can always tune into emergency broadcasts.
What To Consider Before Buying A Weather Radio
The best weather radio will give you access to NOAA radio stations, as well as AM/FM stations. The NOAA emergency broadcast system stations are managed by the National Weather Service, the most accurate and reliable place to get information on weather. In cases of emergencies, including flooding, tornadoes, hurricanes and more, NOAA radio stations are the best place to get information on what to do and where to go. NOAA can provide tornado warnings and severe weather warnings, as well as other emergency alerts.
NOAA weather radios can allow you to tune in to scan stations or be notified in the event of an emergency with audible alarms. A newer feature is SAME, or Specific Area Message Encoding. This allows you to program your radio to get information relevant to your area.
What We Looked For When Choosing the Best Weather Radios
We picked options that can be used with AC power (a wall outlet) as well as batteries, which is essential in the event of a power outage. We also picked portable options that are specifically designed for using on the go. We looked for bonus features like built-in flashlights or USB outputs. We turned to trusted brands with long experience like Midland and Sangean. When choosing an emergency radio for our own emergency kits, there are a few specific features we’re looking for:
- Long, reliable battery
- Durable construction
- Capable of receiving NOAA and emergency broadcasts
- Waterproof rating
- Solar or hand-crank charging
With these features in mind, we’ve gathered the best weather radios for you. Keep one of these in your home, emergency kit, bug-out bag or car glove box to ensure you can always stay informed and prepared.
1. Midland NOAA Emergency Weather Alert Radio
Never be surprised by bad weather again with the Midland Radio, which comes with a NOAA Weather Alert that will sound anytime there is an emergency or severe weather forecast for your immediate area. The radio will automatically scan through seven weather (WX) band channels for warnings of weather or civil emergencies. Users can also program the radio to receive weather information for 25 neighboring counties. The Midland can be plugged into an outlet or run on batteries during emergencies.
Pros: The Midland is not only a excellent weather radio, but it’s also a great everyday clock. The Midland features a large LED display with options for English, Spanish or French. It has an alarm clock function and a snooze function.
Cons: The Midland doesn’t have access to AM/FM stations.
2. Vondior NOAA Weather Radio
An emergency radio should be portable, and that’s why this option from Vondior is only 4.7″ long, making it about the size of the average smartphone (albeit a little thicker). It can tune into AM and FM stations and NOAA stations for emergencies. The unit relies on AA batteries, which you’re likely to already have in your drawer.
Pros: Compact size. Works for AM/FM and NOAA stations.
Cons: Some options have more features like flashlights.
3. Midland ER10VP Emergency Alert Radio with Flashlight
Along with a weather radio, a flashlight is an emergency essential. This option from Midland combines both, and a convenient lanyard makes it easy to carry, too. The emergency alert radio automatically warns you of potentially dangerous weather. It’s not just a good option for emergencies; the AM/FM radio means you can listen to music or talk radio while you’re away from a cell signal.
Pros: Compact and easy to carry. Includes a flashlight. Emergency alerts inform you of dangerous weather.
Cons: Not the highest audio quality.
4. Sangean Table-Top Radio
This tabletop radio is well suited for at-home use, and it can be used as an alarm clock, too. It picks up the seven NOAA Weather Channels and you can save five AM stations and 5 FM stations and up to 20 alert messages. S.A.M.E allows for more accurate broadcasts. It plugs in with an AC cord, and it has a battery backup in the event of a power outage.
Pros: AM/FM, S.A.M.E and NOAA stations. Works as a home alarm clock. AC or battery power.
Cons: Pricier than some other options.
5. Midland ER310 Weather AM/FM Radio
This is an upgraded pick from our other handheld Midland radio. It has a hand-crank, so you don’t have to worry about dead batteries, and the radio has a built-in flashlight and USB charger. There’s also a rechargeable lithium-ion battery. The radio automatically scans available NOAA stations to keep you aware of severe weather.
Pros: Hand-crank. Includes a flashlight and USB output for charging devices.
Cons: Some options are more economical. | https://spy.com/articles/gear/outdoors/weather-radio-emergency-noaa-201233/ | 2022-08-04T22:06:08Z | https://spy.com/articles/gear/outdoors/weather-radio-emergency-noaa-201233/ | true | 1 |
Patrol: 4 found dead in 2 burning homes in Nebraska city
LAUREL, Neb. (AP) — Four people were found dead Thursday in two burning homes in a small community in northeastern Nebraska, authorities said.
Nebraska State Patrol Col. John Bolduc said at a news conference that a man was seen driving away from the city of Laurel before the bodies were discovered and that investigators would like to speak to him.
Firefighters responding to a call Thursday morning about an explosion and fire at one of the homes found the body of a person inside, Bolduc said.
A short time later, firefighters were called to a second burning home a few blocks away, where the bodies of three people were found inside.
Authorities didn’t release the names of the dead or say how they died, but they said witnesses reported seeing a man leaving Laurel in a silver car. Bolduc referred to the man as a suspect in the deaths and said he may have picked up a passenger on the way out of town.
Investigators believe whoever set the fires may have suffered burns, Bolduc added.
He would not say how or whether the victims were related and declined to speculate on the circumstances leading to the killings.
“We’re not categorizing it as anything right now,” Bolduc said.
Laurel is home to fewer than 1,000 people and is located about 100 miles (160 kilometers) northwest of Omaha.
“Laurel is a very safe community,” said Cedar County Sheriff Larry Koranda. “It shakes everybody up.”
Most businesses, a senior center and schools in the community voluntarily went on lockdown around the time the bodies were discovered. That came at the recommendation of the city’s lone police officer, said Lori Hansen, a clerical assistant at the Laurel City Hall. But even community officials were scrambling for information about what was unfolding in the normally quiet town, she said.
“We’ve been listening to TV to try to find out what’s going on,” Hansen said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wndu.com/2022/08/04/patrol-4-found-dead-2-burning-homes-nebraska-city/ | 2022-08-04T22:07:01Z | https://www.wndu.com/2022/08/04/patrol-4-found-dead-2-burning-homes-nebraska-city/ | true | 31 |
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Pennsylvania Higher Education Assistance Agency (FormABS-15G)
Accepted:
Form Type:
ABS-15G
Accession Number:
0001193125-22-211200 | https://www.benzinga.com/secfilings/22/08/28339390/pennsylvania-higher-education-assistance-agency-formabs-15g | 2022-08-04T22:09:33Z | https://www.benzinga.com/secfilings/22/08/28339390/pennsylvania-higher-education-assistance-agency-formabs-15g | false | 254241 |
- GAAP EARNINGS PER COMMON SHARE OF $0.47 -
- DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.48 -
- DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS' EQUITY OF 13.1% -
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services small-to-medium balance commercial loans, today reported financial results for the quarter ended June 30, 2022.
"Despite market volatility, Ready Capital's results are reflective of our ability to deploy capital across economic cycles," commented Thomas Capasse, Ready Capital's Chairman and Chief Executive Officer. "The quarterly growth in our loan portfolio, our continued access to the capital markets and the credit strength of our assets positions us well for the future."
Second Quarter Highlights
- Total investments of $2.1 billion, including $1.2 billion of SBC originations and acquisitions, $746.4 million of residential mortgage loans, and $128.8 million of U.S. Small Business Administration 7(a) loans
- Total year-to-date investment activity of $5.2 billion, 17% year-over-year growth
- Closed a $754.2 million commercial mortgage CLO, consisting of 25 first-lien floating rate loans
- Closed a $276.8 million fixed rate securitization with a 4.8% weighted average cost of debt
- Closed a $120.0 million offering of 6.125% Senior Unsecured Notes due 2025
- Declared and paid dividend of $0.42 per share in cash with distributable earnings coverage of the common dividend at 1.14x
- Net book value of $15.28 per share of common stock as of June 30, 2022
Subsequent Events
- Entered into a joint venture with pan-European commercial real estate lending platform Starz Real Estate, with the goal of originating approximately €300 million in senior commercial real estate loans between €10 million and €40 million in size throughout Europe over the next two years
- Closed an $80.0 million placement of 7.375% Senior Unsecured Notes due 2027
Use of Non-GAAP Financial Information
In addition to the results presented in accordance with U.S. GAAP, this press release includes distributable earnings, formerly referred to as core earnings, which is a non-U.S. GAAP financial measure. The Company defines distributable earnings as net income adjusted for unrealized gains and losses related to certain mortgage backed securities ("MBS") not retained by us as part of our loan origination business, realized gains and losses on sales of certain MBS, unrealized gains and losses related to residential mortgage servicing rights ("MSR"), unrealized current non-cash provision for credit losses on accrual loans and one-time non-recurring gains or losses, such as gains or losses on discontinued operations, bargain purchase gains, merger related expenses, or other one-time items.
The Company believes that this non-U.S. GAAP financial information, in addition to the related U.S. GAAP measures, provides investors greater transparency into the information used by management in its financial and operational decision-making, including the determination of dividends. However, because Distributable Earnings is an incomplete measure of the Company's financial performance and involves differences from net income computed in accordance with U.S. GAAP, it should be considered along with, but not as an alternative to, the Company's net income computed in accordance with U.S. GAAP as a measure of the Company's financial performance. In addition, because not all companies use identical calculations, the Company's presentation of Distributable Earnings may not be comparable to other similarly-titled measures of other companies.
In calculating Distributable Earnings, Net Income (in accordance with U.S. GAAP) is adjusted to exclude unrealized gains and losses on MBS acquired by the Company in the secondary market but is not adjusted to exclude unrealized gains and losses on MBS retained by Ready Capital as part of its loan origination businesses, where the Company transfers originated loans into an MBS securitization and the Company retains an interest in the securitization. In calculating Distributable Earnings, the Company does not adjust Net Income (in accordance with U.S. GAAP) to take into account unrealized gains and losses on MBS retained by us as part of the loan origination businesses because the unrealized gains and losses that are generated in the loan origination and securitization process are considered to be a fundamental part of this business and an indicator of the ongoing performance and credit quality of the Company's historical loan originations. In calculating Distributable Earnings, Net Income (in accordance with U.S. GAAP) is adjusted to exclude realized gains and losses on certain MBS securities considered to be non-distributable. Certain MBS positions are considered to be non-distributable due to a variety of reasons which may include collateral type, duration, and size.
In addition, in calculating Distributable Earnings, Net Income (in accordance with U.S. GAAP) is adjusted to exclude unrealized gains or losses on residential MSRs, held at fair value. The Company treats its commercial MSRs and residential MSRs as two separate classes based on the nature of the underlying mortgages and the treatment of these assets as two separate pools for risk management purposes. Servicing rights relating to the Company's small business commercial business are accounted for under ASC 860, Transfer and Servicing, while the Company's residential MSRs are accounted for under the fair value option under ASC 825, Financial Instruments. In calculating Distributable Earnings, the Company does not exclude realized gains or losses on either commercial MSRs or residential MSRs, held at fair value, as servicing income is a fundamental part of Ready Capital's business and is an indicator of the ongoing performance.
To qualify as a REIT, the Company must distribute to its stockholders each calendar year at least 90% of its REIT taxable income (including certain items of non-cash income), determined without regard to the deduction for dividends paid and excluding net capital gain. There are certain items, including net income generated from the creation of MSRs, that are included in distributable earnings but are not included in the calculation of the current year's taxable income. These differences may result in certain items that are recognized in the current period's calculation of distributable earnings not being included in taxable income, and thus not subject to the REIT dividend distribution requirement until future years.
The table below reconciles Net Income computed in accordance with U.S. GAAP to Distributable Earnings.
U.S. GAAP return on equity is based on U.S. GAAP net income, while distributable return on equity is based on distributable earnings, which adjusts U.S. GAAP net income for the items in the distributable earnings reconciliation above.
Webcast and Earnings Conference Call
Management will host a webcast and conference call on Friday, August 5, 2022 at 8:30 am ET to provide a general business update and discuss the financial results for the quarter ended June 30, 2022.
The Company encourages use of the webcast due to potential extended wait times to access the conference call via dial-in. The webcast of the conference call will be available in the Investor Relations section of the Company's website at www.readycapital.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.
To Participate in the Telephone Conference Call:
Dial in at least five minutes prior to start time.
Domestic: 1-877-407-0792
International: 1-201-689-8263
Conference Call Playback:
Domestic: 1-844-512-2921
International: 1-412-317-6671
Replay Pin #: 13730375
The playback can be accessed through August 19, 2022.
Safe Harbor Statement
This press release contains statements that constitute "forward-looking statements," as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements; the Company can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, applicable regulatory changes; general volatility of the capital markets; changes in the Company's investment objectives and business strategy; the availability of financing on acceptable terms or at all; the availability, terms and deployment of capital; the availability of suitable investment opportunities; changes in the interest rates or the general economy; increased rates of default and/or decreased recovery rates on investments; changes in interest rates, interest rate spreads, the yield curve or prepayment rates; changes in prepayments of Company's assets; the degree and nature of competition, including competition for the Company's target assets; and other factors, including those set forth in the Risk Factors section of the Company's most recent Annual Report on Form 10-K filed with the SEC, and other reports filed by the Company with the SEC, copies of which are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
About Ready Capital Corporation
Ready Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans. The Company specializes in loans backed by commercial real estate, including agency multifamily, investor and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program. Headquartered in New York, New York, the Company employs over 600 professionals nationwide.
Contact
Investor Relations
Ready Capital Corporation
212-257-4666
InvestorRelations@readycapital.com
Additional information can be found on the Company's website at www.readycapital.com
View original content to download multimedia:
SOURCE Ready Capital Corporation | https://www.wtvm.com/prnewswire/2022/08/04/ready-capital-corporation-reports-second-quarter-2022-results/ | 2022-08-04T22:09:48Z | https://www.wtvm.com/prnewswire/2022/08/04/ready-capital-corporation-reports-second-quarter-2022-results/ | false | 19 |
Lauren Alaina, Chris Lane Sing Twinkling ‘Dancin’ in the Moonlight’ on ‘Today’ Show [Watch]
Lauren Alaina and Chris Lane stopped by the Today Show on Tuesday (Aug. 2), and they brought their first-ever duet, "Dancin' in the Moonlight," along for the ride.
The two took sang under soft blue light — reminiscent of moonlight, of course — in front of a backdrop dotted with star-like lights. Lane and Alaina effortlessly traded verses and synced up seamlessly on the chorus.
The country singers are now record labelmates after the Alaina recently signed a deal with Big Loud. Their version of "Dancin' in the Moonlight" is a fresh take on an old favorite: They've countrified the 1972 King Harvest hit with some new lyrics, written by Jesse Frasure and Brett Tyler, while still maintaining the songs original funkiness.
This new version paints a picture of a summer night sitting on a tailgate drinking White Claws beside the bonfire. The setting is down some old country road, as the city lights can't be seen and the moon is shining bright up above.
"It sounds like summer to me and feels like the kind of song you want to put on when you’re on the boat, at a bonfire, grilling, or hanging with the people you love. I love the classic feel it has, and I love that I get to share it with my second-favorite Lauren," Lane said when the project was released — his first "favorite" is his wife, also a Lauren.
"The original is one of those songs that lives on for many generations," Alaina added. "Everyone knows the original. I am excited to be a part of a new take on such an impactful and iconic song. I absolutely love the way it turned out. It’s an added bonus that I get to sing it with my buddy, Chris Lane. He is such an amazing man, artist and friend." | https://tasteofcountry.com/lauren-alaina-chris-lane-dancin-in-the-moonlight-today-show/ | 2022-08-04T22:09:56Z | https://tasteofcountry.com/lauren-alaina-chris-lane-dancin-in-the-moonlight-today-show/ | false | 2 |
HIV Diagnosis Market Size, Scope, Growth Opportunities, Trends by Manufacturers And Forecast to 2029
New Jersey, United States – This unique HIV Diagnosis Market report begins with planned goals to help industry owners make better and sound decisions making. It covers important data about market growth and briefing about market essentials, market trends, market share, and market size for new entrants. It provides a clear picture of market tactics to help business owners in attaining larger gains. Area marketplace expansion, trade regulations, technological innovations, and novel product launches are some of the key topics covered in this HIV Diagnosis market analysis report. It quickly briefs on the major impact of COVID-19 on the entire global economy.
HIV Diagnosis Market research report is the best way of getting detailed overview of industry growth, competition analysis, and a clear view of target customers. It focuses on the entire market scenario to gather all the minute details regarding which factors work best for market and business growth. Key projections for business growth are also emphasized here. Customer needs are the foremost factor to expand product portfolio and consequently expanding the business. By completely understanding customers, it becomes easy for central participants to not get any difficulty while developing or releasing any product or service. Customer understanding is an important success factor for any newbie. It aims at providing all the customer-related details. It also becomes easy to develop an efficient strategy beneficial for business growth.
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.verifiedmarketresearch.com/download-sample/?rid=23957
Key Players Mentioned in the HIV Diagnosis Market Research Report:
Roche Diagnostics, Siemens Healthineers, Abbott Laboratories, Thermo Fisher, Beckman Coulter, Becton & Dickinson and Company, Merck, Hologic, Bio-Rad Laboratories, and Alere
HIV Diagnosis Market Segmentation:
HIV Diagnosis Market, By Type
• Antibody Tests
• Viral Load Tests
• CD4 Tests
• Others
HIV Diagnosis Market, By Application
• Diagnostic Laboratories
• Hospitals
• Blood Banks
• Others
This HIV Diagnosis market report assists a number of investors, shareholders as well as enterprises in understanding the tough areas of marketing ideas, technical development, key issues, and systematic analysis in order to accomplish long-term competitive gain in the industry. It goes on to talk about basic market facets along with market drivers, restraints, existing problems, forthcoming opportunities, and forecasts. This HIV Diagnosis market survey depicts a few exact customer insights in order to build technology strategies to make investment useful. It makes use of both primary and secondary methods to offer wide-ranging industry data to help out you in making business choices and introducing new items to the market.
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For Prepare TOC Our Analyst deep Researched the Following Things:
Report Overview: It includes major players of the HIV Diagnosis market covered in the research study, research scope, market segments by type, market segments by application, years considered for the research study, and objectives of the report.
Global Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the HIV Diagnosis market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the HIV Diagnosis market are discussed.
Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.
Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.
Market Size by Application: Besides an overview of the HIV Diagnosis market by application, it gives a study on the consumption in the HIV Diagnosis market by application.
Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.
Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.
Company Profiles: Almost all leading players of the HIV Diagnosis market are profiled in this section. The analysts have provided information about their recent developments in the HIV Diagnosis market, products, revenue, production, business, and company.
Market Forecast by Production: The production and production value forecasts included in this section are for the HIV Diagnosis market as well as for key regional markets.
Market Forecast by Consumption: The consumption and consumption value forecasts included in this section are for the HIV Diagnosis market as well as for key regional markets.
Value Chain and Sales Analysis: It deeply analyzes customers, distributors, sales channels, and value chain of the HIV Diagnosis market.
Key Findings: This section gives a quick look at the important findings of the research study.
For More Information or Query or Customization Before Buying, Visit @ https://www.verifiedmarketresearch.com/product/hiv-diagnosis-market/
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Website:- https://www.verifiedmarketresearch.com/ | https://shanghai.ist/2022/08/04/hiv-diagnosis-market-outlook-growth/ | 2022-08-04T22:10:37Z | https://shanghai.ist/2022/08/04/hiv-diagnosis-market-outlook-growth/ | true | 331 |
Cubs first. Rafael Ortega pops out to third base to Brendan Donovan. Willson Contreras homers to right field. Ian Happ strikes out on a foul tip. Seiya Suzuki strikes out swinging.
1 run, 1 hit, 0 errors, 0 left on. Cubs 1, Cardinals 0.
Cubs sixth. Willson Contreras doubles to left center field. Ian Happ strikes out swinging. Seiya Suzuki singles to shallow center field. Willson Contreras scores. Nico Hoerner singles to center field. Seiya Suzuki to third. Patrick Wisdom out on a sacrifice fly to deep center field to Dylan Carlson. Seiya Suzuki scores. Zach McKinstry lines out to left field to Corey Dickerson.
2 runs, 3 hits, 0 errors, 1 left on. Cubs 3, Cardinals 0.
Cardinals seventh. Nolan Gorman homers to left field. Paul Goldschmidt homers to center field. Nolan Arenado doubles to deep left field. Paul DeJong flies out to deep center field to Rafael Ortega. Nolan Arenado to third. Lars Nootbaar out on a sacrifice fly to deep center field to Rafael Ortega. Nolan Arenado scores. Tyler O'Neill pinch-hitting for Corey Dickerson. Tyler O'Neill lines out to shallow center field to David Bote.
3 runs, 3 hits, 0 errors, 0 left on. Cubs 3, Cardinals 3.
Cardinals ninth. Paul Goldschmidt grounds out to shortstop, Nico Hoerner to Patrick Wisdom. Nolan Arenado walks. Paul DeJong walks. Nolan Arenado to second. Lars Nootbaar singles to shallow right field, advances to 2nd. Paul DeJong to third. Nolan Arenado scores.
1 run, 1 hit, 0 errors, 2 left on. Cardinals 4, Cubs 3. | https://www.theridgefieldpress.com/sports/article/Chicago-Cubs-St-Louis-Runs-17352203.php | 2022-08-04T22:10:52Z | https://www.theridgefieldpress.com/sports/article/Chicago-Cubs-St-Louis-Runs-17352203.php | false | null |
Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Rating) declared a monthly dividend on Thursday, August 4th, Wall Street Journal reports. Stockholders of record on Friday, September 23rd will be paid a dividend of 0.0235 per share on Monday, October 3rd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date of this dividend is Thursday, September 22nd.
Western Asset Intermediate Muni Fund Stock Performance
Shares of Western Asset Intermediate Muni Fund stock traded down $0.01 during trading on Thursday, reaching $8.31. The company’s stock had a trading volume of 12,652 shares, compared to its average volume of 23,619. The company has a 50-day moving average price of $8.12 and a two-hundred day moving average price of $8.43. Western Asset Intermediate Muni Fund has a fifty-two week low of $7.72 and a fifty-two week high of $9.99.
Hedge Funds Weigh In On Western Asset Intermediate Muni Fund
An institutional investor recently raised its position in Western Asset Intermediate Muni Fund stock. Mariner LLC raised its position in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Rating) by 75.0% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 65,981 shares of the company’s stock after buying an additional 28,268 shares during the quarter. Mariner LLC’s holdings in Western Asset Intermediate Muni Fund were worth $567,000 as of its most recent filing with the SEC.
Western Asset Intermediate Muni Fund Company Profile
Western Asset Intermediate Muni Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax.
See Also
- Get a free copy of the StockNews.com research report on Western Asset Intermediate Muni Fund (SBI)
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Receive News & Ratings for Western Asset Intermediate Muni Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Intermediate Muni Fund and related companies with MarketBeat.com's FREE daily email newsletter. | https://theenterpriseleader.com/2022/08/04/western-asset-intermediate-muni-fund-inc-nysesbi-plans-0-02-monthly-dividend.html | 2022-08-04T22:12:05Z | https://theenterpriseleader.com/2022/08/04/western-asset-intermediate-muni-fund-inc-nysesbi-plans-0-02-monthly-dividend.html | true | 1 |
Police investigate stabbing near Freedom Trail in Boston
Police investigate stabbing near Freedom Trail in Boston
REPORTER: YEAH, THAT VICTIM TAKEN TO THE HOSPITAL. THIS IS WHERE IT ALL HAPPENED. YOU SEE THE POLICE TAPE BEHIND US HERE. THIS IS WHERE INVESTIGATORS WERE LOOKING AT BLOODY CLOTHING OR A RAG RIGHT HERE. WE'RE RIGHT ON THE FREEDOM TRAIL, ACROSS FROM THE OLD STATE HOUSE. SO A VERY BUSY TOURIST AREA HERE IN DOWNTOWN BOSTON. WE'LL SHOW YOU THE VIDEO FROM A LITTLE WHILE AGO. THIS CALL CAME IN RIGHT BEFORE 3:00 THIS AFTERNOON. SOMEONE REPORTING AN ADULT STABBING VICTIM HERE. THEY FOUND THIS PERSON SUFFERING FROM INJURIES FROM THIS STABBING. WE'RE TOLD THAT PERSON IS EXPECTED TO SURVIVE. BUT AGAIN, THAT PERSON TAKEN TO THE HOSPITAL FOR TREATMENT. THE NUMBER OF CREWS HERE SANITIZING THIS AREA AFTER THIS ALL HAPPENED. IT LOOKED LIKE IT MAY HAVE HAPPENED ABOUT 100 FEET AWAY, MAYBE THE PERSON RAN TO THIS AREA. STILL TRYING TO FIGURE OUT ALL THE DETAILS BUT WE KNOW THAT POLICE AT THIS POINT ARE STILL LOOKING TO MAKE AN ARREST. WE'RE LIVE IN B
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Police investigate stabbing near Freedom Trail in Boston
Police are investigating a crime scene in a busy part of downtown Boston where a witness told NewsCenter 5 that a man was stabbed in the back of the neck.Police were dispatched to State Street after a stabbing was reported around 3 p.m. in response to a reported stabbing. The victim they found was taken to a hospital with wounds that are not considered to be life-threatening. Investigators were seen looking at some bloody clothing in the area, along the Freedom Trail, across from the Old State House. Other crews were seen sanitizing the area.The situation remained under investigation.
BOSTON —
Police are investigating a crime scene in a busy part of downtown Boston where a witness told NewsCenter 5 that a man was stabbed in the back of the neck.
Police were dispatched to State Street after a stabbing was reported around 3 p.m. in response to a reported stabbing. The victim they found was taken to a hospital with wounds that are not considered to be life-threatening.
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Investigators were seen looking at some bloody clothing in the area, along the Freedom Trail, across from the Old State House. Other crews were seen sanitizing the area.
The situation remained under investigation. | https://www.wcvb.com/article/police-investigate-stabbing-near-freedom-trail-in-boston/40811129 | 2022-08-04T22:16:27Z | https://www.wcvb.com/article/police-investigate-stabbing-near-freedom-trail-in-boston/40811129 | false | 1 |
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With no Covid-19 bubble conditions for the media at these Commonwealth Games, the glutton in me has been on the prowl for good food at the Birmingham City Centre despite the busy schedule.
Malcolm Forbes, of the business magazine his father founded, said: "Food may be essential as fuel for the body, but good food is fuel for the soul."
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E-paper with 2-week archive so you won't miss out on content that matters to you | https://www.straitstimes.com/sport/host-citys-food-fare-dishes-out-fuel-for-the-soul | 2022-08-04T22:28:18Z | https://www.straitstimes.com/sport/host-citys-food-fare-dishes-out-fuel-for-the-soul | false | null |
DALLAS (AP) _ AMN Healthcare Services Inc. (AMN) on Thursday reported second-quarter earnings of $123.8 million.
The Dallas-based company said it had net income of $2.77 per share. Earnings, adjusted for non-recurring costs, were $3.31 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.96 per share.
The health care staffing company posted revenue of $1.43 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.36 billion.
For the current quarter ending in October, AMN Healthcare said it expects revenue in the range of $1.08 billion to $1.11 billion.
AMN Healthcare shares have fallen 12% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $108.24, a climb of 7% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMN at https://www.zacks.com/ap/AMN | https://www.greenwichtime.com/business/article/AMN-Healthcare-Q2-Earnings-Snapshot-17352592.php | 2022-08-04T22:29:29Z | https://www.greenwichtime.com/business/article/AMN-Healthcare-Q2-Earnings-Snapshot-17352592.php | true | 38 |
I’m ready to finally be a hat-trick hero against Hibs on Sunday insists Hearts star Andy Halliday
ONLY an aching Achilles denied Andy Halliday a first senior hat-trick on the greatest day of his Hearts career.
Now the two-goal derby hero is targeting a treble of wins against Hibs to make up for it.
Halliday limped out of the 3-1 Tynecastle win in April, after scoring twice to propel the Jambos to third place and Europe — and condemn Hibs to the bottom six.
He didn’t have time to grab the hat-trick he craved as he rested the injury to recover for the Scottish Cup semi-final against their bitter rivals seven days later.
Now fully fit and raring to go at Easter Road this Sunday, Halliday is eyeing a third straight derby triumph.
He said: “I won’t get many opportunities to score a hat-trick in my career, so it was disappointing to have to come off that day against Hibs.
“It was an injury I’d had two or three times before — a pinch in the Achilles — and I’d done it again against Ross County a couple of weeks before the derby. After the second goal against Hibs, I got another bang on it in our box, and it’s difficult injury to shake off.
“I also had in the back of my mind that we had a big semi-final seven days later.
“I’d only scored two goals in a game once before in my career — when I was playing for Livingston against Montrose as a kid 13 years earlier.
“If we’d got a penalty at 3-1 against Hibs, I can assure you there was only one person taking that spot-kick!
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“But if you’d offered me a hat-trick of goals or a hat-trick of wins against Hibs, I’d have to take the second one.”
Halliday earned a standing ovation for a man-of-the-match display in that last league win over Hibs four months ago.
The injury then forced him off again after just 39 minutes of the 2-1 semi victory a week later — but only after all the goals had been scored.
Now he’s focused on Sunday’s short trip across Edinburgh, and a new challenge against a Hibs side bossed by ex-Jambos midfielder Lee Johnson.
Halliday, 30, added: “The win at Tynecastle is probably the highlight of my Hearts career. It was a huge day.
“We knew victory would guarantee us third place and European football, while Hibs needed a win to get into the top six.
“They started well and went 1-0 up. I had a couple of chances before my first goal but I skied both of them.
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“But I scored before half-time after Peter Haring won a tackle, we broke and Ellis Simms set me up.
“We scored again early in the second half through Stephen Kingsley, and I got another after Barrie McKay backheeled the ball into my path.
“It was great to hear the Hearts fans singing my name when I scored and then when I was subbed.
“I take plenty of stick from loads of Hibs, Aberdeen or Dundee United fans. I love that part of the game but it was good to hear nice things.
“We had a year without fans due to the pandemic, and for me, the derby was the first really important game with our fans back at Tynecastle.
“The atmosphere was excellent, and to experience the Hearts fans singing my name in adulation was a great moment for me.”
Despite the back-to-back derby wins in April — and a six-game unbeaten run in capital derbies — Halliday is taking nothing for granted this weekend.
He said: “We have improved the squad in terms of numbers and quality this summer but so have Hibs.
“I’m sure plenty of that quality will be on show.
“Hibs started with three points at St Johnstone. And although it wasn’t our best display against Ross County, we also got the win.”
Keep up to date with ALL the latest news and transfers at the Scottish Sun football page | https://www.thescottishsun.co.uk/sport/football/9260528/andy-halliday-hearts-hibs-hat-trick/ | 2022-08-04T22:31:30Z | https://www.thescottishsun.co.uk/sport/football/9260528/andy-halliday-hearts-hibs-hat-trick/ | false | 1 |
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The Dow Jones Industrial Average and S&P 500 posted losses Thursday, ending two-day winning streaks, as investors looked ahead to Friday's July jobs report. File Photo by John Angelillo/UPI |
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Aug. 4 (UPI) -- U.S. markets closed mostly flat Thursday as investors looked ahead to Friday's July jobs report.
The Dow Jones Industrial Average closed the day down 85.86 points, or 0.26%, while the S&P 500 slid 0.078% as both major indexes snapped two-day winning streaks. The tech-heavy Nasdaq Composite closed the day up 0.41%.
The Labor Department on Thursday reported that about 260,000 workers in the United States filed new unemployment claims for the week ending July 30, reaching a nine-month high.
The data came as investors also braced for a July jobs report Friday, which economists estimate will show that the economy added 250,000 jobs last month, down from 372,000 in June.
"I would certainly consider today one of those wait-and-see days while we wait for the most important piece of data that comes out this week," said Art Hogan, chief market strategist at B. Riley Financial.
The price of crude oil fell below $90 per barrel for the first time since early February on Thursday.
Energy was the worst performing sector on the S&P 500 falling 3.6% as shares of ExxonMobil fell 4.21% while Chevron dropped 2.72%.
Shares of Coinbase also rose as the cryptocurrency exchange platform announced it would partner with asset manager BlackRock to expand access to crypto markets.
Coinbase closed up 10% at $88.90 after trading as high as $116.30 per share earlier in the day. Its 52-week low was $40.83.
2. | https://www.upi.com/Top_News/US/2022/08/04/Dow-SP-500-snap-winning-streaks-investors-look-ahead-July-jobs-report/2021659643875/ | 2022-08-04T22:33:47Z | https://www.upi.com/Top_News/US/2022/08/04/Dow-SP-500-snap-winning-streaks-investors-look-ahead-July-jobs-report/2021659643875/ | true | 1 |
TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis suspended the elected state prosecutor of Tampa on Thursday for pledging not to enforce the state's new 15-week abortion ban and for supporting gender transition treatments for minors.
The Republican governor announced the suspension of Hillsborough County State Attorney Andrew Warren at a news conference in the county's sheriff's office.
“When you flagrantly violate your oath of office, when you make yourself above the law, you have violated your duty, you have neglected your duty and you are displaying a lack of competence to be able to perform those duties," DeSantis said to cheers.
The suspension comes as DeSantis runs for reelection in Florida and builds his national profile as a potential 2024 Republican presidential candidate through near constant criticism of liberal policies on abortion, policing and other culture war issues.
Warren, a Democrat, was elected as state attorney by Hillsborough County voters in 2016 and in 2020. In a statement, Warren said “the people have the right to elect their own leaders — not have them dictated by an aspiring presidential candidate who has shown time and again he feels accountable to no one.”
"The governor is trying to overthrow the results of a fair and free election, two of them actually," he said later Thursday at a news conference. “People need to understand. This isn't the governor trying to suspend one elected official. This is the governor trying to overthrow democracy here in Hillsborough County.”
Warren added that no cases regarding violations of the state's new abortion law have been brought to his office.
In an executive order formally suspending Warren, DeSantis focused heavily on Warren's signing of statements where prosecutors from across the country said they won't use their offices to pursue criminal cases against seekers or providers of abortion or gender transition treatments.
More than 90 district attorneys, state attorneys general and other elected prosecutors across the U.S. have signed the letter saying they don’t intend to prosecute people for seeking, providing or supporting abortions.
Some are in states with few or no restrictions on abortions. But others are in law enforcement in places where there are bans or deep restrictions – including the counties that include Birmingham, Alabama, and Jackson, Mississippi, along with several of Texas' biggest cities. In some cases, there might not be much to enforce because many clinics have either stopped offering abortions or have closed entirely.
Besides the statements from prosecutors, city councils in places including Nashville, New Orleans and Boise, Idaho, have introduced or adopted measures telling law enforcement agencies to make abortion-related cases low priorities.
Florida's new abortion restriction became effective July 1. It prohibits abortions after 15 weeks, with exceptions if the procedure is necessary to save the pregnant woman’s life, prevent serious injury or if the fetus has a fatal abnormality. It does not allow exemptions in cases where pregnancies were caused by rape, incest or human trafficking.
Violators could face up to five years in prison. Physicians and other medical professionals could lose their licenses and face administrative fines of $10,000 for each violation.
Florida has not enacted laws criminalizing gender transition treatments for minors but “these statements prove that Warren thinks he has the authority to defy the Florida Legislature and nullify in his jurisdiction criminal laws with which he disagrees,” the executive order reads.
The executive order also accuses Warren of having a “flawed and lawless understanding of his duties as a state attorney” in his “presumptive non-enforcement for certain criminal violations, including trespassing at a business location, disorderly conduct, disorderly intoxication, and prostitution.”
“The governor's suspension of State Attorney Warren is not political to me. It's about law and order. It's about ensuring our loved ones are safe. It's about the victims and their voices,” said Hillsborough County Sheriff Chad Chronister. He said Warren has been acting as a kind of “supreme authority by reducing charges, dropping cases and singlehandedly determining what crimes will be legal or illegal in our county.”
Asked whether he’s overriding the will of the voters by suspending their choice for prosecutor, DeSantis said Warren’s conduct has fallen “below the standard of the Florida Constitution” and that he’s neglected his duty to state law.
“I don’t think the people of Hillsborough County want to have an agenda that is basically woke, where you’re deciding that your view of social justice means certain laws shouldn’t be enforced,” the governor said.
Rep. Fentrice Driskell, a Tampa Democrat and leader-designate of the Florida House Democratic Caucus, said Warren has been using his prosecutorial discretion appropriately.
“I’m not going to mince words: this is a shocking political attack on an elected official serving the people of Hillsborough County,” she said. “Andrew Warren is being removed because he assured our community that he will not be a foot soldier in Ron DeSantis’ extremist agenda.”
DeSantis appointed Hillsborough County Judge Susan Lopez to serve in Warren's place during his suspension.
“I have the utmost respect for our state laws and I understand the important role that the state attorney plays in ensuring the safety of our community and the enforcement of our laws,” Lopez said.
___
AP writer Geoff Mulvihill contributed to this report from Cherry Hill, New Jersey.
Credit: Chris O'Meara
Credit: Chris O'Meara
Credit: Luis Santana
Credit: Luis Santana
Credit: Chris O'Meara
Credit: Chris O'Meara
Credit: Lauren Witte
Credit: Lauren Witte
Credit: Chris O'Meara
Credit: Chris O'Meara
Credit: Chris O'Meara
Credit: Chris O'Meara | https://www.ajc.com/news/nation-world/desantis-suspends-elected-prosecutor-over-new-abortion-law/7AZOSWQXUFHH5BBWTJX7D6VA4A/ | 2022-08-04T22:36:11Z | https://www.ajc.com/news/nation-world/desantis-suspends-elected-prosecutor-over-new-abortion-law/7AZOSWQXUFHH5BBWTJX7D6VA4A/ | true | 31 |
SAN JOSE, Calif. (AP) _ Power Integrations Inc. (POWI) on Thursday reported second-quarter net income of $55.8 million.
On a per-share basis, the San Jose, California-based company said it had profit of 96 cents. Earnings, adjusted for one-time gains and costs, were $1.03 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.
The maker of integrated circuits used for power conversion posted revenue of $184 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $190 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POWI at https://www.zacks.com/ap/POWI | https://www.greenwichtime.com/business/article/Power-Integrations-Q2-Earnings-Snapshot-17352348.php | 2022-08-04T22:37:38Z | https://www.greenwichtime.com/business/article/Power-Integrations-Q2-Earnings-Snapshot-17352348.php | false | null |
AUSTIN, Texas (KXAN) — An Austin jury found Infowars host Alex Jones must pay more than $4 million to the family of Sandy Hook shooting victim over claims on the show the shooting was a hoax and parents were crisis actors.
The verdict, returned on Thursday, marks the first of two sums of money the jurors have been asked to calculate after hearing nearly two weeks of testimony in the case.
Neil Heslin and Scarlett Lewis, who lost their 6-year-old son Jesse in the 2012 mass shooting, sued Jones for defamation and inflicting mental anguish. Jones was found liable by the court last year; the jury was tasked with coming up with the amount of actual damages he owes to compensate Heslin and Lewis.
The plaintiffs asked the jury to consider awarding $150 million — a dollar for each of the parents representing the 75 million Americans they say believed Sandy Hook was or could have been fake.
“We know that is a big verdict,” plaintiff’s attorney Mark Bankston said before the verdict was returned, “but we believe it is one that will speak volumes about the level of harm done in this case.”
Jones’ team argued the plaintiffs have not brought enough evidence to show Jones’ words caused their anguish or to justify that large of a sum.
“So much of their argument is all about punishment,” Jones’ attorney Andino Reynal said. “I am going to talk to you guys about punishment when the time comes. Right now, I am going to talk to you guys about actual damages.”
Jones and his team are bracing for a second verdict with additional, punitive damages — likely to be returned later this week. Plaintiff’s attorneys said they will bring a financial expert to testify before the jury is given their second charge.
This is a developing story. | https://www.wtrf.com/news/national-news/jury-finds-alex-jones-must-pay-sandy-hook-parents-more-than-4-million/ | 2022-08-04T22:37:57Z | https://www.wtrf.com/news/national-news/jury-finds-alex-jones-must-pay-sandy-hook-parents-more-than-4-million/ | true | 10 |
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WASHINGTON (AP) — When President Joe Biden declares Russia’s Ukraine war “genocide,” it isn’t just another strong word. Calling a campaign that’s aimed at wiping out a targeted group “genocide” not only increases pressure on a country to act, it can oblige it to. That’s partly because of a genocide treaty approved by the U.N. General Assembly after World War II, signed by the United States and more than 150 other nations. | https://www.newsbreak.com/news/2687258769500/second-harvest-receives-40-000-pounds-of-mac-cheese-from-land-o-lakes | 2022-08-04T22:38:03Z | https://www.newsbreak.com/news/2687258769500/second-harvest-receives-40-000-pounds-of-mac-cheese-from-land-o-lakes | true | 12721 |
Ace broadcaster and media personality, Gifty Anti, has flaunted her daughter, Nyame Animuonyam Afia Asaa Afrakoma Sintim-Misa, and she’s all grown up.
In the Instagram caption, she highlighted the struggles of motherhood and how she is coping. Though being a mother is challenging, it looks like Oheneyere Gifty Anti, as she is affectionately called, won’t have it any other way.
She thanked God for giving her such a priceless gift, HRH, as she calls her. In the post, she wrote:
“After hassling my life all night through dawn, she is now asleep and I can’t sleep. This life no balance. But Lord, thank you for giving me such a priceless gift and experience”.
The photo shows that the memorable moment was not captured in Ghana. It looks like mother and daughter are enjoying themselves outside the shores of Ghana after Gifty Anti shared that she has been hassling her life through dawn.
In the photo, HRH wore a pair of flower print leggings, with a grey shirt which had the shoppingmode Nike symbol inscribed on the front. She wore a cap which was turned the other way around.
READ ALSO: | https://www.adomonline.com/gifty-anti-flaunts-daughter-in-new-photo/ | 2022-08-04T22:38:06Z | https://www.adomonline.com/gifty-anti-flaunts-daughter-in-new-photo/ | false | 1 |
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Kentucky Black Writers Collaborative Series Episode 1: Say It Loud
On Friday, April 29th 2022 at the WUKY studios in Lexington, Kentucky, the Kentucky Black Writers Collaborative hosted a celebration of Black writers and visual artists in Kentucky called Say It Loud. This was recorded by WUKY and features readings from LeTonia Jones, Ossunike Anke, Bre Ashley, Veda Stewart, and featured music from Marcus Wilkerson. The evening was presented by the coordinators of the Kentucky Black Writers Collaborative, Claudia Love Mair & JC McPherson. | https://www.newsbreak.com/news/2687267689021/a-kansas-sheriff-is-investigating-claims-of-election-fraud-but-evidence-is-scarce | 2022-08-04T22:38:43Z | https://www.newsbreak.com/news/2687267689021/a-kansas-sheriff-is-investigating-claims-of-election-fraud-but-evidence-is-scarce | true | 2 |
Premix Feed Market Size, Scope, Growth Opportunities, Trends by Manufacturers And Forecast to 2029
New Jersey, United States – Premix Feed Market analysis is to capture an in-depth examination of an increase in the customer journeys, which have a huge impact on market categories. It does the market classification based on region; product type and end-user to ease the market players’ jobs. Major industries are able to obtain key data about the whole market scenario, find out market prospects and get huge help for business operations. It further aims at providing customers deeds and their purchasing nature towards particular product or service. This sort of Premix Feed market report provides projected trends and presents industry size for major regions to help business players make the right business plan and obtain huge earnings. It contains measured and theoretical market variable predictions. It reveals the latest industry changes by classifying the market into different sections and sub-sections.
With the help of the latest industry trends, market share, and activities provided in this Premix Feed market analysis helps key organizations in business expansion hugely. It aids to discover the proper visions in the global market by providing insights into customer behavior, current trends, competitor analysis, and market entry strategies for novel players and strategies followed by key players. It works as the beneficial tool for the operations of several businesses. It fulfills the client’s requirements and demands to increase the gains in the business.
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.verifiedmarketresearch.com/download-sample/?rid=20235
Key Players Mentioned in the Premix Feed Market Research Report:
Godrej Agrovet, Land O� Lakes Feed, DBN Group, ForFarmers, DLG Group, Nippai, De Heus, Lallemand Animal Nutrition, Biomin, InVivo NSA, BEC Feed Solutions, Nutreco NV, Cargill, Archer Daniels Midland.
Premix Feed Market Segmentation:
Premix Feed Market by Product
• Antibiotics
• Vitamins
• Antioxidants
• Others
Premix Feed Market by Application
• Poultry
• Ruminants
• Swine
• Others
This Premix Feed market report assists a number of investors, shareholders as well as enterprises in understanding the tough areas of marketing ideas, technical development, key issues, and systematic analysis in order to accomplish long-term competitive gain in the industry. It goes on to talk about basic market facets along with market drivers, restraints, existing problems, forthcoming opportunities, and forecasts. This Premix Feed market survey depicts a few exact customer insights in order to build technology strategies to make investment useful. It makes use of both primary and secondary methods to offer wide-ranging industry data to help out you in making business choices and introducing new items to the market.
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For Prepare TOC Our Analyst deep Researched the Following Things:
Report Overview: It includes major players of the Premix Feed market covered in the research study, research scope, market segments by type, market segments by application, years considered for the research study, and objectives of the report.
Global Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the Premix Feed market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Premix Feed market are discussed.
Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.
Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.
Market Size by Application: Besides an overview of the Premix Feed market by application, it gives a study on the consumption in the Premix Feed market by application.
Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.
Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.
Company Profiles: Almost all leading players of the Premix Feed market are profiled in this section. The analysts have provided information about their recent developments in the Premix Feed market, products, revenue, production, business, and company.
Market Forecast by Production: The production and production value forecasts included in this section are for the Premix Feed market as well as for key regional markets.
Market Forecast by Consumption: The consumption and consumption value forecasts included in this section are for the Premix Feed market as well as for key regional markets.
Value Chain and Sales Analysis: It deeply analyzes customers, distributors, sales channels, and value chain of the Premix Feed market.
Key Findings: This section gives a quick look at the important findings of the research study.
For More Information or Query or Customization Before Buying, Visit @ https://www.verifiedmarketresearch.com/product/premix-feed-market/
About Us: Verified Market Research®
Verified Market Research® is a leading Global Research and Consulting firm that has been providing advanced analytical research solutions, custom consulting and in-depth data analysis for 10+ years to individuals and companies alike that are looking for accurate, reliable and up to date research data and technical consulting. We offer insights into strategic and growth analyses, Data necessary to achieve corporate goals and help make critical revenue decisions.
Our research studies help our clients make superior data-driven decisions, understand market forecast, capitalize on future opportunities and optimize efficiency by working as their partner to deliver accurate and valuable information. The industries we cover span over a large spectrum including Technology, Chemicals, Manufacturing, Energy, Food and Beverages, Automotive, Robotics, Packaging, Construction, Mining & Gas. Etc.
We, at Verified Market Research, assist in understanding holistic market indicating factors and most current and future market trends. Our analysts, with their high expertise in data gathering and governance, utilize industry techniques to collate and examine data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject expertise and years of collective experience to produce informative and accurate research.
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Website:- https://www.verifiedmarketresearch.com/ | https://shanghai.ist/2022/08/04/premix-feed-market-outlook-growth/ | 2022-08-04T22:40:03Z | https://shanghai.ist/2022/08/04/premix-feed-market-outlook-growth/ | false | 331 |
Dovu (DOV) traded up 0.9% against the U.S. dollar during the twenty-four hour period ending at 18:00 PM E.T. on August 4th. During the last week, Dovu has traded 9.1% higher against the U.S. dollar. Dovu has a total market cap of $5.69 million and $783.00 worth of Dovu was traded on exchanges in the last 24 hours. One Dovu coin can currently be purchased for approximately $0.0061 or 0.00000027 BTC on major exchanges.
Here is how other cryptocurrencies have performed during the last 24 hours:
- BITCOIN ADDITIONAL (BTCA) traded 3.3% lower against the dollar and now trades at $22,497.00 or 1.00000000 BTC.
- Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00004445 BTC.
- Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
- Dai (DAI) traded 0% lower against the dollar and now trades at $1.00 or 0.00004443 BTC.
- Polygon (MATIC) traded 1.9% lower against the dollar and now trades at $0.89 or 0.00003936 BTC.
- Mammoth (MMT) traded down 12.1% against the dollar and now trades at $0.89 or 0.00003977 BTC.
- yOUcash (YOUC) traded 0% lower against the dollar and now trades at $0.51 or 0.00002273 BTC.
- FTX Token (FTT) traded 2.4% lower against the dollar and now trades at $28.92 or 0.00128537 BTC.
- Chainlink (LINK) traded down 2.9% against the dollar and now trades at $7.27 or 0.00032319 BTC.
- Magic Internet Money (MIM) traded up 0.1% against the dollar and now trades at $1.00 or 0.00004437 BTC.
About Dovu
DOV is a coin. It was first traded on October 3rd, 2017. Dovu’s total supply is 963,761,390 coins and its circulating supply is 931,157,114 coins. The Reddit community for Dovu is /r/dovu and the currency’s Github account can be viewed here. The official message board for Dovu is blog.dovu.io. Dovu’s official Twitter account is @dovuapi and its Facebook page is accessible here. Dovu’s official website is dovu.io.
Buying and Selling Dovu
It is usually not presently possible to buy alternative cryptocurrencies such as Dovu directly using US dollars. Investors seeking to acquire Dovu should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dovu using one of the aforementioned exchanges.
Receive News & Updates for Dovu Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Dovu and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. | https://www.wkrb13.com/2022/08/04/dovu-dov-trading-9-1-higher-over-last-week.html | 2022-08-04T22:40:54Z | https://www.wkrb13.com/2022/08/04/dovu-dov-trading-9-1-higher-over-last-week.html | true | 83781 |
WFO ALBANY Warnings, Watches and Advisories for Thursday, August 4, 2022
_____
SPECIAL WEATHER STATEMENT
Special Weather Statement
National Weather Service Albany NY
529 PM EDT Thu Aug 4 2022
...A strong thunderstorm will impact portions of southeastern
Schenectady, northeastern Albany, southeastern Saratoga and
northwestern Rensselaer Counties through 600 PM EDT...
At 528 PM EDT, Doppler radar was tracking a strong thunderstorm near
Colonie, moving east at 20 mph.
HAZARD...Wind gusts up to 50 mph and pea size hail.
SOURCE...Radar indicated.
IMPACT...Gusty winds could knock down tree limbs and blow around
unsecured objects. Minor damage to outdoor objects is
possible.
Locations impacted include...
Albany, Schenectady, Troy, Clifton Park, Rotterdam, East Greenbush,
Cohoes, Watervliet, Rensselaer, Colonie, Scotia, Mechanicville,
Delmar, Latham, Guilderland, Niskayuna, Menands, Voorheesville, Green
Island and Waterford.
This includes the following highways...
Interstate 90 between exits 9 and 25.
Interstate 890 between exits 2b and 9.
Interstate 87 between exits 23 and 7, and between exits 8A and 9.
Interstate 787 between exits 1 and 9.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
If outdoors, consider seeking shelter inside a building.
Torrential rainfall is also occurring with this storm and may lead to
localized flooding. Do not drive your vehicle through flooded
roadways.
LAT...LON 4262 7353 4258 7391 4285 7399 4294 7357
4269 7352
TIME...MOT...LOC 2128Z 263DEG 16KT 4275 7388
MAX HAIL SIZE...0.25 IN
MAX WIND GUST...50 MPH
...A strong thunderstorm will impact portions of south central Ulster
County through 615 PM EDT...
At 528 PM EDT, Doppler radar was tracking a strong thunderstorm over
Woodbourne, or 8 miles east of Liberty, moving east at 30 mph.
HAZARD...Wind gusts up to 50 mph.
unsecured objects.
Ellenville, Kerhonkson, Napanoch, Olivebridge, Wawarsing, Gardiner,
Cherrytown, Palentown, Atwood, Pacama, Brodhead, Liebhardt,
Fantinekill, Stone Ridge, Cragsmoor, Mombaccus, Honk Hill, Greenfield
Park, Lackawack and Lyonsville.
LAT...LON 4167 7444 4174 7457 4187 7445 4189 7449
4190 7447 4197 7416 4167 7414
TIME...MOT...LOC 2128Z 258DEG 24KT 4178 7459
MAX HAIL SIZE...0.00 IN
...FLOOD ADVISORY IN EFFECT UNTIL 830 PM EDT THIS EVENING...
* WHAT...Flooding caused by excessive rainfall is expected.
* WHERE...A portion of Rensselaer County in eastern New York.
* WHEN...Until 830 PM EDT.
* IMPACTS...Minor flooding in low-lying and poor drainage areas.
* ADDITIONAL DETAILS...
- At 529 PM EDT, Doppler radar indicated heavy rain due to
thunderstorms. Minor flooding is ongoing or expected to begin
shortly in the advisory area. Between 1 and 3 inches of rain
have fallen.
- Some locations that will experience flooding include...
Hoosick Falls, Hoosick, Walloomsac and East Hoosick.
- http://www.weather.gov/safety/flood
Turn around, don't drown when encountering flooded roads. Most flood
deaths occur in vehicles.
Stay away or be swept away. River banks and culverts can become
unstable and unsafe.
_____
Copyright 2022 AccuWeather | https://www.sheltonherald.com/weather/article/NY-WFO-ALBANY-Warnings-Watches-and-Advisories-17352549.php | 2022-08-04T22:48:06Z | https://www.sheltonherald.com/weather/article/NY-WFO-ALBANY-Warnings-Watches-and-Advisories-17352549.php | false | 12 |
Fugitive Comanchero boss Mark Buddle has been extradited from Darwin to Melbourne over allegations he imported $40 million worth of drugs.
Australian Federal Police (AFP) confirmed the 37-year-old touched down in the Victorian capital this morning.
"AFP officers have escorted a man, 37, on a chartered flight from Darwin to Melbourne this morning to face two charges for allegedly importing cocaine worth about $40 million," a statement said.
Buddle is expected to appear in Melbourne Magistrates' Court today where he will be charged with two offences.
Each carry a maximum sentence of life imprisonment.
Buddle's extradition to Melbourne was originally delayed amid "security concerns".
The Comanchero's leader was arrested by Australian Federal Police at Darwin airport on Wednesday, six years after fleeing the country.
The arrest came a day after his deportation from Turkey.
AFP revealed Buddle had been a target of a top-secret, three-year investigation, which was set up to bring home Australia's most wanted criminals.
Buddle was a user of the AN0M mobile phone system, which the AFP and FBI had been operating in secret before making 500-plus arrests in a worldwide takedown.
AFP Assistant Commissioner Nigel Ryan said Operation Ironside had tracked encrypted communications showing cocaine would be shipped from Hong Kong to Melbourne and Sydney.
"This investigation has been going for a significant amount of time," Ryan said.
Buddle's "complex" arrest, Ryan said, would deal a serious blow to drug syndicates operating in Australia and offshore.
More than 250 people have been charged in Australia under Operation Ironside.
No charges have been brought in the US, where privacy laws prevented arrests. | https://www.9news.com.au/national/mark-buddle-bikie-boss-extradited-to-melbourne/05e7c38e-8408-445b-809b-167428b3ff97 | 2022-08-04T22:49:29Z | https://www.9news.com.au/national/mark-buddle-bikie-boss-extradited-to-melbourne/05e7c38e-8408-445b-809b-167428b3ff97 | false | 1 |
Twitter responds to Musk's claims, calls them 'excuses'
SAN FRANCISCO (AP) - Twitter has filed a response to claims by billionaire Elon Musk that he has legitimate reasons for wanting to back out of his $44 billion deal to buy the social media company.
In an unexpected twist, Twitter was able to file its response to Musk before Musk's own counterclaims have been made public. A judge ruled on Wednesday that Musk's counterclaim will be made public by Friday.
In a reply filed Thursday in Delaware Chancery Court, Twitter calls Musk´s reasoning "a story, imagined in an effort to escape a merger agreement that Musk no longer found attractive once the stock market-and along with it, his massive personal wealth-declined in value."
"The Counterclaims are a made-for-litigation tale that is contradicted by the evidence and common sense," Twitter's response says. "Musk invents representations Twitter never made and then tries to wield, selectively, the extensive confidential data Twitter provided him to conjure a breach of those purported representations."
At the same time, the response says, Musk also accused Twitter of breaching their agreement by "stonewalling" his information requests.
Representatives for Musk did not immediately return a message for comment Thursday.
Attorneys for Musk had wanted to file a public version of their answer and counterclaims in Delaware court Wednesday. But Twitter attorneys complained that they needed more time to review and potentially redact Musk´s sealed filing, saying it refers "extensively" to internal Twitter information and data given to Musk.
Musk, the world´s richest man, agreed in April to buy Twitter and take it private, offering $54.20 a share and vowing to loosen the company´s policing of content and to root out fake accounts.
But Musk said in July that he wanted to back out of the deal, prompting Twitter to file a lawsuit to hold him to the "seller-friendly" agreement.
Musk says Twitter has failed to provide him enough information about the number of fake accounts on its service. Twitter argues that Musk, CEO of electric car maker and solar energy company Tesla Inc., is deliberately trying to tank the deal because market conditions have deteriorated and the acquisition no longer serves his interests.
Either Musk or Twitter would be entitled to a $1 billion breakup fee if the other party is found responsible for the agreement failing. Twitter wants more, however, and is seeking a court order of "specific performance" directing Musk to follow through with the deal. | https://www.dailymail.co.uk/wires/ap/article-11082601/Twitter-responds-Musks-claims-calls-excuses.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-08-04T22:50:23Z | https://www.dailymail.co.uk/wires/ap/article-11082601/Twitter-responds-Musks-claims-calls-excuses.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false | 21 |
Property Acquired
OCEAN CITY – Ocean City-based outdoor hospitality specialist Blue Water continues its rapid expansion with the acquisition of Badlands/White River KOA Holiday.
Located just minutes from Badlands National Park, this property is known as the “Oasis of the Badlands.” Visitors can spot wildlife including buffalo and pronghorn deer, and the picturesque Badlands Mountains make for a highly popular hiking spot. Fossil hunting is another favorite attraction, in addition to visiting all the local replicas and exhibits. The northern lights can be seen in late fall and early spring and the area is a popular dark skies location for stargazers and photographers.
“Badlands/White River KOA is another perfect opportunity to add a unique destination getaway to our portfolio,” said Todd Burbage, CEO of Blue Water. “Providing guests with access to natural resources like the rugged beauty and stunning geography of the Badlands with so many opportunities for adventure is what Blue Water is about. This is a destination that guests will want to return to year after year to enjoy all that the Badlands has to offer.”
Of the property’s 146 sites, 88 of them are RV sites, with unique glamping options including a yurt with a skylight for prime star viewing, teepee, and camping cabins. It also features the widely popular KookHouse which offers a full breakfast with omelets, breakfast sandwiches, pancakes and hash browns, plus daily specials for dinner. As part of their visit, each guest receives two complimentary pancakes on one day of their stay.
Badlands/White River KOA Holiday is two hours from Mount Rushmore and is in close proximity to Badlands Loop State Scenic Highway. As part of their ongoing partnership with the association, guests can make use of the ubiquitous Black Hills maps provided by Black Hills & Badlands Tourism Association.
The property opened for guests on April 29 and will remain open until Oct. 16.
X
Physician Welcomed
SALISBURY – TidalHealth is pleased to welcome Arooge Towheed, MD, to TidalHealth Cardiology’s North Salisbury office.
Towheed received his medical degree from the Government Medical College in Jammu and Kashmir, India; completed his residency in internal medicine at the University of Missouri Kansas City; a fellowship in cardiovascular disease at the University of Toledo in Ohio; and a second fellowship in clinical cardiac electrophysiology at Georgetown University/Medstar Washington Hospital Center in Washington, D.C. He specializes in electrophysiology, which is used to diagnose and treat heart conditions that affect the electrical activity of the heart muscle.
Towheed has participated in and authored many research publications and has presented at several scientific and professional conferences. He is a member of the American Board of Internal Medicine, American Board of Internal Medicine Cardiovascular Disease, National Board of Echocardiography, the American Heart Association, Jammu and Kashmir Medical Registration Council and the Education Commission for Foreign Medical Graduates.
Towheed engaged in many volunteer experiences including the Indian Red Cross Society, which involved free medical aid camps, disaster relief and blood donation camps. With the All India Pulse Polio Program, he vaccinated children under 5 years old during this three-day program. Towheed was also a volunteer health worker in the village of Dara, which involved administering vaccinations to children under 5 years old, educating pregnant women on the importance of hospital delivery and antenatal visits, distributing free medications to the local population and educating elderly hypertensive and diabetic patients on the importance of treatment.
X
Nurse Recognized
BERLIN – Coastal Hospice, Inc. recently recognized Holly Murray, RN, BSN, CHPN, CM/DN, as being Coastal Style’s Best of 2022 Nurse in Worcester County.
Murray is team leader for Coastal Hospice’s Fairwinds Care Team, and this is the second time she is being awarded Best of Nurse in Worcester County in the last three years.
Murray was born and raised on the Eastern Shore of Maryland, graduating from Pocomoke High School. She attended Wor-Wic Community College and received her Associate Degree in Nursing (ADN) and became a registered nurse in 2009, going on to work at TidalHealth for two years. Having worked in various med surge modalities, hospice care was something that peaked her interest due to the shift from acute care to comfort care she was witnessing at the hospital.
“I am honored to be recognized as Coastal Style Magazine Best of 2022 Nurse in Worcester County,” Murray said. “I believe that the work we do at Coastal Hospice is rewarding and fulfilling. I’m thrilled that the community recognizes this, and I thoroughly enjoy being part of the Coastal Hospice family and especially love meeting the families and patients that we serve.”
Murray has been part of the Coastal Hospice and Palliative Care team for 10 years, starting as a case manager and recently becoming team leader for Coastal Hospice’s Fairwinds Care Team. Holly received her certified hospice and palliative nurse certification in 2018. She obtained her Bachelor of Science in Nursing (BSN) in 2021 from University of Phoenix, working tirelessly throughout the pandemic as a nurse and a student.
X
Market Slows
BERLIN – The market is starting to slow down and that could be a good thing, according to the Coastal Association of REALTORS (CAR).
In June, CAR saw home prices and interest rates dip and inventory grow.
The median home price is 15.1% higher than it was in June 2021 but down 7.9% from last month, May 2022.
Individually the median home price was $385,900 in Worcester, $249,990 in Wicomico, and $225,00 in Somerset. There are currently only 516 active listings in the lower three counties compared to 573 in June 2021 and 981 in June 2020.
In all three counties throughout June, new settlements were down 11.7% compared to the same time last year. Individually, new settlements throughout June were up by 5.1% in Wicomico and down 36.1% in Somerset, and 17.5% in Worcester.
New listings in June were down 10.1% compared to the same time last year in all three counties. Individually, new listings were down by 3.6% in Worcester, 16.5% in Wicomico, and up 23.9% in Somerset from June 2021.
Active listings in all three counties were down by 9.9% from June 2021. Individually, there were 292 active listings in Worcester, 152 in Wicomico, and 72 in Somerset. The median days on market for June 2022 was 8 which was up 33.3% from June of 2021.
According to the National Association of REALTORS, 57% of REALTORS nationwide cited a lack of inventory as the primary reason that held potential clients back from completing a home purchase.
“We seem to be on the brink of change for our housing market,” said Coastal Association of REALTORS President Grace Masten. “Sales are starting to slow and inventory is starting to slowly climb back up.”
She continued, “Interest rates are still low compared to historical highs and actually dropped a little last month. Freddie Mac reported that the 30-year fixed mortgage rate dropped to 5.3% from 5.7%. With prices flattening, more inventory, and still relatively low mortgage rates now is a wonderful time to be shopping for your new home.”
X
New Director
SALISBURY – Wor-Wic Community College recently welcomed Stefanie K. Rider of Ocean City as the director of development and executive director of the foundation.
Prior to joining Wor-Wic, Rider worked at Salisbury University (SU) as major gifts officer for the College of
Health and Human Services. Her previous roles included development and administrative roles with Worcester Youth and Family Counseling, Ocean City Marlin Club and Coastal Hospice. She has a bachelor’s degree from Towson University and a master’s of business administration from SU.
“I am excited for the opportunity to serve our students and community in this role,” Rider said. “I am proud to join the many donors, leaders and volunteers committed to this cause.”
Rider is leading the current “Preparing for A Stronger Tomorrow” campaign to support high-tech equipment for the Patricia and Alan Guerrieri Technology Center now under construction, as well as new technology across campus and student scholarships.
X
Restaurant Renovation
OCEAN CITY – Gillis Gilkerson (GGI) recently completed a full interior and exterior renovation of the Dairy Queen restaurant and ice creamery located on 114th Street in Ocean City, Maryland.
The 3,240-square-foot building, former home of Gold Coast Liquor Store, now features a fresh, modern design to welcome customers complete with a drive-thru, quick service lane.
“Gillis Gilkerson continuously finds solutions for any obstacle that comes their way throughout the construction process,” said owner Mike Ramadan. “This is the second project that GGI has successfully delivered to me within the past year. They even finished the Dairy Queen in time for July 4 weekend.”
Led by Project Manager Jared King, Gillis Gilkerson’s construction team updated the storefront, bathrooms, flooring, and parking lot in addition to completing other renovation work within the constraints of a strict timeline.
“It was a great experience being able to lead the team through the construction process for this building,” said King. “The new Dairy Queen definitely stands out from everything else in the shopping center and we are all happy with the final product.”
X
Leadership Changes
SALISBURY – Leslie Brown has retired from her role as president and chief executive officer of Hudson Behavioral Health.
After fourteen years with Hudson – eleven as CEO – she ended her tenure in early July. During her illustrious career, she has worked in finance and management, primarily in the non-profit realm, for more than 35 years.
Brown’s legacy is one of exponential growth in not only the organizational footprint but also the levels of care offered. In 2018, Hudson purchased and renovated a building to move their administration and admissions offices, allowing for the addition of 19 beds on campus to include detoxification beds. Brown also oversaw the addition and transformation of five treatment houses, enabling patients to stay in treatment longer and receive individualized care.
During Brown’s tenure, Hudson added detoxification services, low-intensity residential treatment, and mental health services, forming a continuum of care to treat holistically and address the full scope of patient needs. Brown’s development of rigorous protocol, training and tracking allowed Hudson to remain open during the pandemic to serve those in need.
“My career with Hudson has been the most rewarding experience of my life,” Brown said. “I’m excited to see all the new opportunities headed Hudson’s way, and although my chapter here has come to an end, my heart will always belong with this organization.”
After an extensive search, Judith Caprio, JD, MS, was selected to be the next president and CEO of Hudson Behavioral Health. With a long career in criminal justice and behavioral health, Caprio most recently served as the director of Community Health Services at the Delaware Division of Substance Abuse and Mental Health (DSAMH).
Caprio started her career in community social work in Rhode Island and progressed into the criminal justice
system where she developed and oversaw therapeutic communities in all male adult prisons in the state. After earning her law degree, she worked with the court system to develop a pre-trial services program which led to developing alternative sentencing programs for non-violent offenders experiencing mental illness. Before moving to Delaware, the Honorable Albert E. DeRobbio, the late chief judge, appointed Caprio the chief clerk of the Rhode Island District Court.
In her first position for the state of Delaware, she served as director of behavioral health for the Delaware Department of Correction. She oversaw behavioral healthcare provided to all offenders in Level 5 and Level 4 facilities. She briefly served as deputy warden at Howard R. Young Correctional Institution in Wilmington, Del., before transitioning to DSAMH.
During her time at DSAMH, Caprio led the Crisis Intervention Services, restructured the credentialing program for behavioral health screeners, and developed and implemented a medical-legal partnership with the local community legal aid society to provide legal representation and advice to individuals receiving DSAMH services.
Caprio earned a Master of Science in counseling from University of Rhode Island and a Juris Doctorate from Roger Williams University School of Law. She is a member of the Connecticut Bar Association, is certified in the state of Delaware to supervise peer recovery specialists and is trained in mediation. Throughout her career, she has worked as an adjunct instructor in Criminal Justice and Psychology, teaching at Katherine Gibbs College, Rhode Island College, and Delaware Technical Community College. | https://mdcoastdispatch.com/2022/08/04/a-week-in-business-august-5-2022/ | 2022-08-04T22:50:30Z | https://mdcoastdispatch.com/2022/08/04/a-week-in-business-august-5-2022/ | false | 1 |
Lawyer confident Mystikal will be cleared on rape charge
NEW ORLEANS (AP) - The attorney who represented Mystikal on rape and kidnapping charges that were dropped in late 2020 said Thursday that he is once more representing the 51-year-old rapper - and is confident that he will again be cleared.
"I think there´s zero chance this goes to trial," Joel Pearce said as he drove back to Shreveport from the Ascension Parish jail in Gonzales, where he met with Michael Tyler.
Tyler, who served six years in prison after pleading guilty in 2003 to sexual battery, was arrested Sunday on charges accusing him of raping and choking a woman at his home Saturday.
Pearce represented him in December 2020, when prosecutors in northwest Louisiana's Caddo Parish dropped rape and kidnapping charges that had kept him jailed for 18 months
On Tuesday, Tyler was denied bond at what is called a "72-hour hearing."
State District Judge Steven Tureau said evidence against the rapper, his past history and the victim´s fears met the standard for holding him without bail
FILE - Rapper Mystikal performs during the Legends of Southern Hip Hop Tour at the Fox Theatre in Atlanta, March 19, 2016. The attorney who represented Mystikal on rape and kidnapping charges that were dropped in late 2020 said Thursday, Aug. 4, 2022, that he is once more representing the 51-year-old rapper, and is confident that he will again be cleared. (Photo by Robb D. Cohen/Invision/AP, File)
"There was no evidence given on my client´s part," Pearce said. He said he will request a full bond hearing at which evidence can be presented.
Defense attorney Roy Maughan Jr., who had asked for $250,000 bond, told The Advocate after Tuesday's hearing that Tyler probably wouldn't appeal the bond ruling.
Maughan is no longer on the case, Pearce said. He said he is working with Timothy Yazbeck of New Orleans, who worked with him on the Caddo Parish case.
He said he will also ask for what's called a preliminary examination. Tyler "hasn't been indicted, so we get to test the state´s case. It´s a little mini-trial," Pearce said.
Mystikal, who grew up in New Orleans and now lives in Prairieville, is accused of attacking the woman, taking her keys and holding her against her will, according to an arrest warrant.
"He never threatened her, never choked her," Pearce said.
Sheriff´s Detective Garrett Keith testified that the woman went to Tyler´s home Saturday night to talk about alleged financial commitments he had made to her.
According to the detective, Tyler´s behavior reportedly changed abruptly after he went into the bathroom and returned: He accused her of stealing cash, choked her and pulled out her hair.
Keith also said she had many cuts and bruises.
"I want to see the actual medical report," Pearce said.
He said he also will be looking for a protective order that Tyler told him he was granted against the woman about eight years ago. | https://www.dailymail.co.uk/wires/ap/article-11082687/Lawyer-confident-Mystikal-cleared-rape-charge.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-08-04T22:51:33Z | https://www.dailymail.co.uk/wires/ap/article-11082687/Lawyer-confident-Mystikal-cleared-rape-charge.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true | 63 |
Ailsa Chang is an award-winning journalist who hosts All Things Considered along with Ari Shapiro, Audie Cornish, and Mary Louise Kelly. She landed in public radio after practicing law for a few years.
Christopher Intagliata is an editor at All Things Considered, where he writes news and edits interviews with politicians, musicians, restaurant owners, scientists and many of the other voices heard on the air. | https://www.ypradio.org/2022-08-04/how-american-sign-language-is-evolving-with-time | 2022-08-04T22:51:39Z | https://www.ypradio.org/2022-08-04/how-american-sign-language-is-evolving-with-time | false | null |
SAN FRANCISCO (AP) _ Lyft Inc. (LYFT) on Thursday reported a loss of $377.2 million in its second quarter.
The San Francisco-based company said it had a loss of $1.08 per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 12 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.
The ride-hailing company posted revenue of $990.7 million in the period, which did not meet Street forecasts. Eleven analysts surveyed by Zacks expected $998.5 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LYFT at https://www.zacks.com/ap/LYFT | https://www.myjournalcourier.com/business/article/Lyft-Q2-Earnings-Snapshot-17352809.php | 2022-08-04T22:52:50Z | https://www.myjournalcourier.com/business/article/Lyft-Q2-Earnings-Snapshot-17352809.php | false | null |
ok | https://ukranews.com/ua/news/873959-vlada-berlina-skasuvala-vystavku-znyshhenoyi-rosijskoyi-tehniky-v-misti-melnyk | 2022-08-04T22:53:03Z | https://ukranews.com/ua/news/873959-vlada-berlina-skasuvala-vystavku-znyshhenoyi-rosijskoyi-tehniky-v-misti-melnyk | false | null |
MILAN, Aug 4 (Reuters) - Italy's biggest bad loan manager doValue DOVA.MI has secured a higher ceiling for non-performing loans it manages on behalf of UniCredit CRDI.MI under a new contract it is in the process of sealing with the Milanese bank.
DoValue CEO Andrea Mangoni told an analyst call the ceiling would be raised to 5 million from 1 million euros ($1.02 million) previously, supporting the outlook for bad loan inflows.
The new accord comes after UniCredit struck a partnership with doValue's rival Prelios over unlikely-to-pay loans.
($1 = 0.9818 euros)
(Reporting by Valentina Za, editing by Maria Pia Quaglia)
((valentina.za@thomsonreuters.com; +39 02 6612 9526;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | https://www.nasdaq.com/articles/dovalue-secures-bigger-max-size-for-unicredit-npls-under-new-accord | 2022-08-04T22:53:11Z | https://www.nasdaq.com/articles/dovalue-secures-bigger-max-size-for-unicredit-npls-under-new-accord | false | null |
Nigeria asks Google to block banned groups from YouTube
ABUJA, Aug 4 (Reuters) - Nigeria asked Google to block the use of YouTube channels and livestreams by banned groups and terrorist organizations in the country, Information Minister Lai Mohammed said on Thursday.
Nigeria has been exploring ways to regulate social media usage in the country, Africa's most populous. The country is home to millions of internet users and platforms like YouTube, Twitter, Facebook and Tiktok are popular. YouTube "channels and emails containing names of banned groups and their affiliates should not be allowed on Google platforms," Mohammed said he told Google executives in Abuja, the country's capital.
Charles Murito, Google's sub-Saharan African director for government affairs and public policy, in a statement said the company already has measures to address the Nigerian government's concerns.
Those measures include a system for trained users to flag troublesome content, he added. "We share the same goals and objectives," Murito said. "We do not want our platform to be used for ill purposes."
The minister said the government was particularly concerned with online activities by the Indigenous People of Biafra (IPOB). The government has labeled IPOB, a group campaigning for the secession of a southeastern region of Nigeria, a "terrorist organization."
The YouTube concerns are part of an effort by the government, the minister said, to protect Nigerian internet users from harmful effects of social media, especially ahead of a presidential election next year.
Nigeria suspended Twitter in June 2021 and blocked access to users after the social media giant removed a post from President Muhammadu Buhari threatening to punish regional secessionists.
The government lifted the Twitter ban six months later. (Reporting by Felix Onuah and Camillus Eboh Writing by Chijioke Ohuocha. Edited by Paulo Prada.) | https://www.dailymail.co.uk/wires/reuters/article-11082637/Nigeria-asks-Google-block-banned-groups-YouTube.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-08-04T22:54:33Z | https://www.dailymail.co.uk/wires/reuters/article-11082637/Nigeria-asks-Google-block-banned-groups-YouTube.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false | 3 |
Man at centre of armed police standoff claims illegal eviction
- About 80 people were evacuated from their properties in Levin on Thursday night.
- Armed police have surrounded a house on Bledisloe St.
- Man barricaded inside is understood to be Paul Smith.
- The man claims he’s being illegally evicted and will resist attempts to remove him.
More than 80 evacuated residents remain out of their homes – some told due to a “bomb” or “chemical” threat – after man barricaded himself in a house in Levin.
A standoff with armed police began on Bledisloe St about 4.30pm on Thursday, forcing nearby neighbours to leave as a precaution.
On Friday morning a police spokesperson said the self-harm related incident was ongoing. A police negotiation team remained in communication with the person.
The person is understood to be Paul Smith, who neighbours say lives at the property. On Thursday morning he called Stuff's Manawatū newsroom in an agitated state, saying he was about to be evicted, that he had weapons and chemicals at the property and will resist attempts to remove him. Police were notified.
READ MORE:
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Some residents said they had been told there was a “bomb” scare, while others said the evacuation related to “chemical weapons”.
Cobham St is blocked off at Meadowvale Drive. Freyberg St is closed off at Bledisloe St.
One police vehicle blocks Cobham St at Meadowvale Drive and another on Bledisloe St near Freyberg St. About six AOS officers can be seen surrounding a property on Bledisloe St.
Cobham St resident Tyla Porteous found herself shut inside the cordon with her 1-year-old son and partner.
Just theirs and one other house that had not been evacuated.
Police had blocked off her driveway, which was being used as a set-up point.
She said the man at the property, which was next door to hers, was “a good neighbour” who “just wants to live in his house”.
“I just want to give him a cuddle; it’s so shit. Paul is a good neighbour.”
On Friday morning, Porteous and her partner took food and drinks out for emergency services volunteers who had been out all night, but were immediately told to get back inside.
There is a Co2 oxygen chamber in her driveway, and people with masks come in, redress, and refill their tanks about every hour.
Inspector Sarah Stewart said the incident was understandably “distressing” for residents who had to leave their homes.
“We know it can be upsetting to be asked to leave your home – especially when we’re not able to say much about the incident that’s prompted this – but public safety must always be our number one priority and we thank those affected for their co-operation.”
Stewart said it was safe for students from Levin East School and Waiopehu College to attend school as normal but there would be an increased police presence in the area.
A Cobham St resident, who declined to be named, said she and her son were evacuated about 6pm on Thursday night with their two dogs, after going outside to find several police cars and fire engines.
She went to a welfare centre set up at the library. Dozens of other people who had been evacuated were there, including families with children and babies.
“People were shocked, some people were upset.”
The woman and her son stayed with friends and she had to put one of her dogs in the pound overnight, as it couldn't be around cats at her friend’s home. Her son tried to take his dog home on Friday morning, but was told he couldn’t get in.
A Norrie St resident, who declined to be named, said she slept in her car with her husband overnight after being evacuated about 4.30pm on Thursday. They were able to return later to pick up some medication.
“We could’ve gone to Foxton or to a motel but we thought it might be finished soon and we could go back to our house, so that’s why we hung around,” she said.
“[I got] probably about two hours of broken sleep.”
Some evacuated residents, including her neighbours, were put up a nearby campground, she said.
Levin East School principal Rikki Sheterline said some students at the school on Bartholomew Rd had to be evacuated overnight but the school would run as usual on Friday.
“We’ve got students from all over town and we know some students have been affected.”
Sheterline said the council had kept him up to date with the incident.
“This is a new one for me but the community is kept aware and I know it’s something we will manage well.”
Any residents directly affected by the incident who have any specific requests or concerns were asked to visit the Levin Police station and where assistance would be provided.
“If you cannot go into the station, please call 105 and quote event number P051449147.” | https://www.stuff.co.nz/national/129485632/man-at-centre-of-armed-police-standoff-claims-illegal-eviction | 2022-08-04T22:55:05Z | https://www.stuff.co.nz/national/129485632/man-at-centre-of-armed-police-standoff-claims-illegal-eviction | true | 1 |
Listed Funds Trust Horizon Kinetics Blockchain Development ETF (ARCA: BCDF)
You can purchase shares of Listed Funds Trust Horizon Kinetics Blockchain Development ETF (ARCA: BCDF) through any online brokerage.
There are no as such competitors for Listed Funds Trust Horizon Kinetics Blockchain Development ETF.
There is no analysis for Listed Funds Trust Horizon Kinetics Blockchain Development ETF
The stock price for Listed Funds Trust Horizon Kinetics Blockchain Development ETF (ARCA: BCDF) is $25.8188 last updated Today at August 4, 2022, 7:37 PM UTC.
There are no upcoming dividends for Listed Funds Trust Horizon Kinetics Blockchain Development ETF.
Listed Funds Trust Horizon Kinetics Blockchain Development ETF does not have any upcoming earnings scheduled.
There is no upcoming split for Listed Funds Trust Horizon Kinetics Blockchain Development ETF. | https://www.benzinga.com/quote/BCDF | 2022-08-04T22:56:46Z | https://www.benzinga.com/quote/BCDF | false | null |
CHARLOTTE, N.C. (AP) _ SPX Corp. (SPXC) on Thursday reported second-quarter earnings of $13 million.
The Charlotte, North Carolina-based company said it had net income of 28 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 71 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share.
The infrastructure equipment supplier posted revenue of $354 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $341.4 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPXC at https://www.zacks.com/ap/SPXC | https://www.theheraldreview.com/business/article/SPX-Q2-Earnings-Snapshot-17352745.php | 2022-08-04T22:59:01Z | https://www.theheraldreview.com/business/article/SPX-Q2-Earnings-Snapshot-17352745.php | true | null |
Arlington Asset Investment Corp. to Report Second Quarter 2022 Financial Results
MCLEAN, Va., Aug. 3, 2022 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE: AAIC) (the "Company") announced today that the Company will release results for the second quarter ended June 30, 2022 after the market closes on Tuesday, August 9, 2022 and will hold a conference call for investors at 10:00 A.M. Eastern Time on Wednesday, August 10, 2022 to discuss the results.
Investors wishing to listen to the earnings call at 10:00 A.M. Eastern Time on Wednesday, August 10, 2022, may do so via the Internet at: http://www.arlingtonasset.com/index.php?s=19
Replays of the earnings call will be available for 60 days via webcast at the Internet address provided above, beginning two hours after the call ends.
About the CompanyThe Company currently invests primarily in mortgage-related and other assets and has elected to be taxed as a REIT. The Company is headquartered in the Washington, D.C. metropolitan area. For more information, please visit www.arlingtonasset.com.
View original content:https://www.prnewswire.com/news-releases/arlington-asset-investment-corp-to-report-second-quarter-2022-financial-results-301599355.html
SOURCE Arlington Asset Investment Corp.
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren! | https://www.finanzen.at/nachrichten/aktien/arlington-asset-investment-corp-to-report-second-quarter-2022-financial-results-1031647291 | 2022-08-04T22:59:24Z | https://www.finanzen.at/nachrichten/aktien/arlington-asset-investment-corp-to-report-second-quarter-2022-financial-results-1031647291 | false | 2 |
Heather Rae El Moussa has "separation anxiety "from husband Tarek.
The 'Selling Sunset' star,34, is expecting a baby boy with fiance Tarek - who already has Taylor, 11, and Brayden, six with ex-wife and 'Flip or Flop' co-host Christina Haack - and took to social media on Thursday (04.08.22) to explain that she is struggling to be alone while he visits his other children.
She wrote on Instagram: "Missing my best friend while he’s away in Cabo with the kids and our families so I’m going through photos that I love of us!"
The reality star went on to explain that this is the "longest time" she has been on her own since they got together and begged her followers to suggest distraction methods while she waits for her partner to return home.
She added: "This is the longest we’ve been apart since we’ve been together so I’m maybeee getting a little separation anxiety, so help distract me! What are your favorite books/tv shows at the moment??"(sic)
It comes after weeks after the TV host took to social media to reveal that he and Heather were expecting their first child together.
Alongside a photo of Tarek kissing Heather's baby bump, he wrote on Instagram: "Surprise!!! Baby El Moussa coming early 2023!!"(sic)
The couple had started IVF treatment when they discovered Heather was pregnant, with the former Playboy model explaining that while the natural pregnancy came as a shock, it was "meant to be" because she had "no stress" in her life.
She said: "We just weren't expecting this. We had just gone through IVF. We had embryos on ice. We had a plan. I think when you least expect it and there's no stress in your life, the world just brought us what was meant to be. I'm so excited that it happened like this." | https://nordot.app/928055826785107968 | 2022-08-04T23:00:53Z | https://nordot.app/928055826785107968 | false | 1 |
Wexford outdoor amenities are set to benefit from Government funding.
It has been announced today that €186,250 will go towards further investment in County Wexford’s outdoor trails.
Six projects submitted by Wexford County Council will benefit with the largest funding allocation of €49,500 going to Enniscorthy Riverside Promenade Walk.
€30,000 will support the resurfacing of Old Bawn Car Park at Cahore while the same amount will go towards the installation of seats along Wexford Walking Trails.
€26,500 will go towards relocating part of the Forge Trail in Carrigbyrne and €20,250 will also go towards upgrading various other walking trails in the county. | https://www.southeastradio.ie/2022/08/wexford-trails-to-benefit-under-government-grant-scheme/ | 2022-08-04T23:03:41Z | https://www.southeastradio.ie/2022/08/wexford-trails-to-benefit-under-government-grant-scheme/ | true | null |
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90min is the world's largest football community delivering authentic content in 11 languages to more than 50 million fans globally. With a professional team of editors in our newsrooms in London, São Paulo, Manila, New York and Tel Aviv as well as on-the-ground journalists in Europe, the United States, Latin America and Asia, 90min covers football up-close from the fan's perspective. At 90min we don't speak at fans. We speak with them. Because we are fans.
https://www.90min.com/ | https://www.newsbreak.com/news/2686930325048/nottingham-forest-complete-signing-of-orel-mangala | 2022-08-04T23:03:41Z | https://www.newsbreak.com/news/2686930325048/nottingham-forest-complete-signing-of-orel-mangala | true | 1 |
Annual UK energy bills have been forecast to hit £3,729 ($4,535) from next April, with volatility in the global gas and electricity market triggered by Russia's invasion of Ukraine pushing prices to record highs.
British energy regulator Ofgem has confirmed that the energy price cap will be updated quarterly, rather than every six months, as it warned that customers face a “very challenging winter ahead”. Higher prices are expected to go into two-phase set of increases this winter in October and then in January as the cap is adjusted every three months.
It said the change would go “some way to provide the stability needed in the energy market” and that it “isn't anyone’s interests for more suppliers to fail and exit the market.”
With the UK battling a mounting cost of living crisis, changes to the price cap come as household energy bills are likely to remain at more than two-and-a-half times their pre-crisis levels until at least 2024, according to the latest predictions.
Ofgem said paying a rate that is up to six months out of date in the current volatile market was no longer sustainable and could mean either consumers paying too much for months if wholesale prices dropped or suppliers left unable to supply gas if global prices have risen.
UK energy consultancy Cornwall Insight has forecast bills will hit £3,359 per year from October for the average household, and not fall below that level until at least the end of next year.
The price cap on energy bills, which regulates what 24 million British households pay, will hit £3,616 from January and rise further to £3,729 from April, it said.
It will begin to fall after that, but only slowly, reaching £3,569 from July, before hitting £3,470 for the last three months of 2023.
As expected, Ofgem warned that as a result of the market conditions, the price cap would have to increase later this month to reflect increased costs.
However, it said that the changes would mean that any fall in wholesale prices would be passed on in full to customers and more quickly with the quarterly price cap.
“I know this situation is deeply worrying for many people,” said Ofgem chief executive Jonathan Brearley.
“The trade-offs we need to make on behalf of consumers are extremely difficult and there are simply no easy answers right now. Today’s changes ensure the price cap does its job [by adapting to the volatility and] making sure customers are only paying the real cost of their energy.”
Stark inflation warning
Torsten Bell, chief executive at living standards think tank the Resolution Foundation, said the peak of inflation will now be both higher and later than previously expected, adding that policymakers need to be prepared.
“We thought [inflation] might be peaking at around 10 per cent in the middle of the autumn, but we’re now heading towards over 10 per cent and that peak won’t come until the early part of 2023,” he told the BBC on Thursday.
A recent Resolution Foundation report suggested inflation could rise to 15 per cent, and Mr Bell said that scenario remained “plausible”.
“If we look at what’s happening to manufacturers’ input costs right now, they’re rising at huge record levels — 24 per cent. Service producers are seeing inflation of their input costs of around 5 per cent and, in the end, this is going to be passed through to consumers in some form or another.
“So I think we should all have a lot of humility about being absolutely certain what’s going to happen to inflation, but policymakers need to prepare for much higher inflation than we were expecting even a few months ago, and that’s despite some good news.
“If you look at some global commodity prices, they’re coming down from the peaks we saw earlier in this year — that’s true — if you look at what’s happening to lumber, if you look at what’s happening to lots of metals. So there is good news out there, but that’s all being wiped out by the very very bad news that’s coming from global energy markets, particularly gas.” | https://www.thenationalnews.com/business/energy/2022/08/04/uk-home-energy-bills-set-to-leap-in-october-and-january/ | 2022-08-04T23:16:14Z | https://www.thenationalnews.com/business/energy/2022/08/04/uk-home-energy-bills-set-to-leap-in-october-and-january/ | true | 1 |
Matt de la Peña and Hanif Abdurraqib on how basketball feeds their writing By Elena Burnett, Justine Kenin Published August 4, 2022 at 5:41 PM EDT Facebook Twitter LinkedIn Email Listen • 7:57 Children's book writer Matt de la Pena and poet and essayist Hanif Abduriqib talk about how basketball feeds their writing. Copyright 2022 NPR | https://www.wfae.org/2022-08-04/matt-de-la-pena-and-hanif-abdurraqib-on-how-basketball-feeds-their-writing | 2022-08-04T23:16:30Z | https://www.wfae.org/2022-08-04/matt-de-la-pena-and-hanif-abdurraqib-on-how-basketball-feeds-their-writing | false | null |
YUMMY (YUMMY) traded 0.8% higher against the U.S. dollar during the 1 day period ending at 18:00 PM ET on August 4th. YUMMY has a market capitalization of $1.15 million and $126,989.00 worth of YUMMY was traded on exchanges in the last day. During the last seven days, YUMMY has traded up 2.6% against the U.S. dollar. One YUMMY coin can now be bought for $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges.
Here’s how other cryptocurrencies have performed during the last day:
- JUMPN (JST) traded 54% lower against the dollar and now trades at $5.46 or 0.00018651 BTC.
- Tether (USDT) traded 0% lower against the dollar and now trades at $1.00 or 0.00004437 BTC.
- The Web3 Project (WEB3) traded 0.1% higher against the dollar and now trades at $144.20 or 0.00639704 BTC.
- Sweet SOL (SSOL) traded up 600.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
- Bitsubishi (BITSU) traded up 37.7% against the dollar and now trades at $98.34 or 0.00428675 BTC.
- XRP (XRP) traded 1.7% lower against the dollar and now trades at $0.37 or 0.00001639 BTC.
- Wrapped Cardano (WADA) traded down 2.5% against the dollar and now trades at $0.50 or 0.00002217 BTC.
- Gateway Protocol (GWP) traded 12% lower against the dollar and now trades at $3.67 or 0.00016287 BTC.
- Lido stETH (STETH) traded 0.6% lower against the dollar and now trades at $2,947.45 or 0.07417648 BTC.
- Polkadot (DOT) traded 3.8% lower against the dollar and now trades at $8.03 or 0.00035628 BTC.
YUMMY Profile
YUMMY’s total supply is 445,577,510,906 coins and its circulating supply is 367,302,685,640 coins. YUMMY’s official Twitter account is @yummycrypto.
Buying and Selling YUMMY
Receive News & Updates for YUMMY Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for YUMMY and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. | https://www.com-unik.info/2022/08/04/yummy-price-hits-0-0000-on-top-exchanges-yummy.html | 2022-08-04T23:18:01Z | https://www.com-unik.info/2022/08/04/yummy-price-hits-0-0000-on-top-exchanges-yummy.html | false | 83781 |
Iceland on Thursday sought to use a volcanic eruption near capital city Reykjavik to kickstart its Covid-hit tourist industry.
With reports emerging of sightings of lava from the Mount Fagradalsfjall volcano, the shares of Icelandic airlines Icelandair and Fly Play, which flies under the banner Play Air, began ticking up. Within hours of magma appearing, Play Air was advertising the eruption on its website, describing it as “peaceful” and “picturesque.”
“There are not many things that can beat having an eruption an easy distance from your hotel, so this is extremely positive,” Birgir Jonsson, chief executive officer of Play Air, told Bloomberg.
“We saw already yesterday that the traffic into our booking system and all our social media greatly increased. So I believe this is exactly what the doctor prescribed especially when going into the fall and winter season.”
The nation, which calls itself the land of fire and ice, already has experience of how a volcano captivates imaginations and prompts travellers to book trips into the country.
An explosive 2010 eruption under the Eyjafjallajokull glacier spewed out a huge ash plume, capturing the world’s attention as it grounded about 100,000 flights over six days, and eventually turned tourism into one of the Nordic country’s biggest industries.
In contrast, the current fissure eruption on the Reykjanes peninsula causes no disruption to travel, and is what the Icelanders call a “tourist volcano,” where lava flows from a rift in the ground in a relatively accessible location near roads. That’s tempting onlookers to approach, even as authorities warn of toxic gases and seismic activity.
Arnar Steinn Elisson, on-site commander for local rescue team Thorbjorn, said “a few thousand” people could have visited the site on Wednesday, including both locals and tourists.
“Already yesterday there were buses from tourism companies with scheduled trips with guided walks as you cannot drive all the way to the eruption site,” he said.
The area previously saw lava streams last year — the first in that area of the country in 800 years, sparking local businesses to begin offering tours to visitors. Some people even fried hot dogs as well as marshmallows on the lava, according to reports.
The 2021 “spectacle attracted thousands of locals and tourists excited about a (possibly) once-in-a-lifetime show,” Icelandair said in a blog on its website. “We expect that the 2022 eruption will have a similar magnetic appeal.”
Tourism accounted for 5 per cent of Iceland’s gross domestic product last year, down from about 8 per cent in the period from 2016 to 2019. The central bank has previously forecast tourist volumes would double to 1.4 million this year from 2021.
“The experience from the last eruption at the same site shows us that this is a tourist destination,” said Johannes Thor Skulason, chairman of the Icelandic Travel Industry Association. Given the pandemic has eased, “it’s likely that we‘ll have more people visiting as there are more tourists in the country.” | https://www.thenationalnews.com/world/europe/2022/08/04/iceland-use-reykjavik-volcano-eruption-to-kickstart-flagging-tourism-industry/ | 2022-08-04T23:22:37Z | https://www.thenationalnews.com/world/europe/2022/08/04/iceland-use-reykjavik-volcano-eruption-to-kickstart-flagging-tourism-industry/ | true | 1 |
Transport
KQ headache as Schiphol extends passenger limits
Friday August 05 2022Kenya Airways (KQ) will have to cope with reduced revenue on the European route as Schiphol International airport extends passenger caps to October.
Schiphol has advised airlines that it will be extending the limits on outbound passengers from the facility to October, from the initial August date, which it had issued.
The move implies that KQ and other carriers will not be allowed to operate at full capacity out of Schiphol.
In June, Amsterdam capped the number of passengers that the national carrier can carry from Schiphol to Nairobi to 78 percent of its capacity on every flight, meaning that the airline is flying empty seats out of the Netherlands.
“Schiphol will set a maximum number of passengers per day for the months of September and October as well after consultation with airlines. In September, there will be a maximum of 67,500 local departures per day,” said the airport on its official website.
Europe was the second-highest revenue earner for the airline last year raking in Sh11.3 billion and the latest development meant that the carrier’s earnings will be impacted negatively.
Kenya Airways suspended the sale of tickets from London to Nairobi last month, as airports in Europe continue to grapple with a shortage of manpower
The move follows a directive by Heathrow Airport instructing airlines to freeze outbound bookings until September, as it contends with a surge in the number of passengers using the facility amid a shortage of manpower to manage the situation.
Major airports in Europe have been grappling with a sharp rise in the number of passengers on the back of a shortage of workers, as the airlines and airports struggle to recruit back after cutting jobs at the height of Covid-19 in 2020.
Heathrow and Schiphol are the busiest airports in Europe as airlines use them as transit hubs to other regions across the world. | https://www.businessdailyafrica.com/bd/corporate/shipping-logistics/kq-headache-as-schiphol-extends-passenger-limits-3903334 | 2022-08-04T23:25:50Z | https://www.businessdailyafrica.com/bd/corporate/shipping-logistics/kq-headache-as-schiphol-extends-passenger-limits-3903334 | true | 1 |
DALLAS — The mother of two teen girls who were fatally shot more than a decade ago took the stand Thursday at the trial of her ex-husband accused of the killings.
Patricia Owens told jurors in a Dallas County courtroom that Yaser Said, a man roughly 15 years her senior, was abusive and controlling during their marriage and had threatened her.
Owens raised her arm and pointed at Said when prosecutors asked her to identify him in court.
“That devil there,” Owens said. Her face grew red and she pursed her lips.
Said is charged with capital murder in the deaths of Amina Said, 18, and Sarah Said, 17, who were found dead inside a taxi outside an Irving hotel on New Year’s Day 2008. If convicted, Said faces an automatic life sentence because prosecutors are not seeking the death penalty.
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Said was on the lam for 12 years until he was arrested in August 2020 at a family house in Denton County. Said’s son, Islam Said, was sentenced to 10 years in prison for helping him hide. Said’s brother, Yassein Said, received 12 years for the same conviction.
Owens walked into the courtroom on the third day of testimony, eyes fixed straight ahead. Said, sitting across the room next to his lawyers and an interpreter, cocked his head to watch her.
Owens told jurors they had not spoken since she called him the night of the killings, when she believed he was taking the girls to dinner at a Denny’s. Said said he was getting gas and would return home, where Owens and Islam Said, their son, were waiting, she testified.
Two days before, the girls returned from Oklahoma where they’d fled with their boyfriends and mother because they feared for their lives.
Owens, after Said repeatedly called her, convinced the teens to return to North Texas to finish out the school year. Amina and Sarah, Lewisville High School honor students and athletes, have been described as smart, bubbly and spirited. The duo dreamed of becoming doctors.
Their boyfriends, who testified earlier in the trial, said the girls were scared their father would kill them if he found out they were dating.
Owens took Sarah with her back to Said, but dropped Amina off at her boyfriend’s house on Dec. 30. But on New Year’s Day, Said started chewing the inside of his cheek, which Owens said he habitually did when he was angry.
Owens retrieved Amina from her boyfriend’s house and took her home that evening.
Said hugged Amina when she returned, Owens said. He kissed her forehead and a tear trailed down his face, Owens said. Amina returned the embrace, she said.
Prosecutors asked Owens if she had any inclination of what would happen to the girls that evening. They were found shot multiple times inside a taxi parked outside the Omni Mandalay Hotel in Las Colinas, part of Irving, about 8:30 p.m. Lawyers have said Amina was shot twice and Sarah was shot nine times.
Owens looked up at the ceiling before answering.
“Part of me did,” Owens said. “Part of me didn’t.”
She paused and looked at her lap.
“I’m sorry,” she said.
Amina said she was hungry, so Owens offered to heat up pizza. Said, instead, wanted to take the girls out for dinner. He did not invite Owens or Islam, Owens said.
Owens’ eyes shifted around the courtroom during the nearly two hours she was on the stand. She quickly glanced toward Said a few times. He leaned forward in his seat and watched her testify.
After the killings, Owens lived briefly with her son, Islam. But eventually, she got her own apartment and she said she believed Islam flew to Egypt. Owens said she has since been diagnosed with several medical conditions including severe depression and post-traumatic stress disorder.
Randall Johnson, the lead Irving police detective on the case until mid-2008, testified Thursday he sensed from talking with the mother and son that Islam was “controlling the situation more than Patricia.” Johnson, who has since retired, described Owens as reserved. Owens' demeanor in court Thursday was demure and she spoke softly.
Owens turned over a box of ammunition from their house, Johnson said. The bullets, 9 millimeter Lugers from the brands FC and Winchester, matched shell casings retrieved from the cab, Johnson said.
Defense attorneys have argued that police ignored the girls’ boyfriends as suspects and wrongly narrowed in on Said. But Johnson told jurors they did investigate the boyfriends.
”Initially we were looking at the two boyfriends and then we focused on the defendant,” he testified.
Owens had previously reported Said to law enforcement. Sarah and Amina accused their father of sexual abuse while the family lived in Hill County in 1998. The girls recanted a few months later. Said also faced a charge of retaliation after threatening Owens in Garland, prosecutors said. She later dropped the charge. Owens also petitioned for a restraining order for the girls against Said, but it was never completed, she testified. | https://theeagle.com/news/state-and-regional/crime-and-courts/that-devil-there-mother-of-slain-texas-teens-testifies-at-ex-husband-s-murder-trial/article_5a87110e-1438-11ed-b510-334a9bc6d003.html | 2022-08-04T23:26:13Z | https://theeagle.com/news/state-and-regional/crime-and-courts/that-devil-there-mother-of-slain-texas-teens-testifies-at-ex-husband-s-murder-trial/article_5a87110e-1438-11ed-b510-334a9bc6d003.html | false | 1 |
Meena Malik shares the story of her one-year long engagement, and how she discovered one of the most helpful and meaningful rituals that helped her survive.
***
I found myself engaged over the winter break in my last year of undergrad. I was so grateful that I would finally experience a romantic relationship after waiting and fighting for so long to keep my desires in check. I had been working very determinedly for over a year trying to meet Mr. Right, because I knew I could not wait much longer. I pursued getting married like the average college student would have pursued lining up a career for themselves. Since the tender age of 11 I knew that I was missing out as I saw many of my peers – Muslim and not- exploring and relishing in the pleasures of young romances; from first kisses to first “I love you’s.”
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It turned out however that I had to wait another year for the wedding. My in-laws-to-be adamantly wanted family from Pakistan to travel for the wedding, and my family was vehemently unwilling for us to have a nikah -or an Islamic marriage- before that point. I was a bit relieved and disappointed at the same time. My fiancé seemed like a complete stranger to me and I was not ready for that level of commitment just yet; but I was also eager to move forward with our relationship because I thought he was “the one.”
So…wait a year in limbo and no nikah before then; what could I do at that point? It was now up to me to find a way to survive an engagement that would last a year. I did, alhamdulillah, and it was mostly due to something I call the “love journal.”
The Meet-Cute
There was actually very little meeting and very little that was cute about our courtship. We were introduced in October through a matchmaker and got engaged in January. We were long-distance; he was in the Midwest and I was in glorious Southern California. We exchanged a few emails in which I made sure he fulfilled my handful of must-haves and avoided my deal-breakers. We had two video calls to test out the chemistry as much as you could possibly over a video call. By November, I vetted him. The reviews were glowing. In December, he and his parents visited us. After that visit, we both were ready to decide we wanted to marry each other. My parents and I visited the Midwest two weeks later and that’s when we got officially engaged.
Sentimental moments were sparse and mostly fancified in my own mind. I could guess that we had enough of a connection to be happily married together in all matters of a serious nature. My older sister sat me down and drilled me. What’s his favorite color? Does he like going on roller-coasters? What does he like to do on weekends for fun? She was incredulous that I could make up my mind so quickly without knowing any of these things. His personality and what he was like to be around were mysteries to me, but I was somehow ready to mover forward.
Ground Rules (of Engagement) with My Fiancé
I was very strict about my understanding of what type of relationship I should have with any man who was not my mahram. I could interact with non-mahram men according to the MSA West maxim which I had taken to be true. They are the 4 P’s of gender relations: keep it public, purposeful, professional, and be mindful about personal space.
Now I had to figure out how to apply that framework to my fiancé. My fiancé and I had promised to be legally and Islamically married to each other and begin living with each other in a year’s time. But whatever way I sliced it, my fiancé and I didn’t have much legal grounding on which to build a relationship – at least in my eyes.
As far as I could tell, there was some gray area when it came to my fiancé. How could we be purposeful in our communication with the end goal of being married? How could we hopefully fall in love but not have any haram interactions before we were married? What a catch-22! Some communication with my fiancé would be necessary for us to get to the point where we could get married and be somewhat prepared for it. All this interaction should happen preferably with a chaperone at all times. This much I could deduce but I was definitely sailing in uncharted waters.
I did know one thing clearly at that time however – that I could never accept him to be my emotional boyfriend. I have no other term to encapsulate this phenomenon within Muslim circles: man and woman (whether secretly dating, fiancés, etc.) have a romantic relationship within the boundaries of emotional intimacy, having little to no physical intimacy in their relationship.
Let’s be real for a second, though. Did I want him to be my emotional boyfriend?
The Struggle: He’s Not My Boyfriend
Of course. What I really wanted was a halal emotional boyfriend. On second thought, I actually wanted a halal every type of boyfriend. I was 23 years old and had stayed on the straight and narrow as an act of devotion to God. The only solution for carrying out what I truly wanted, however, would entail us having an Islamic marriage in my eyes. But that would not happen for a year.
This is where being only engaged to my fiancé became so tricky for me. I wanted to move forward with our relationship. On top of that, the prospect of getting married to him without knowing him more and creating a more substantial bond with him was terrifying to me. It literally felt like I was engaged to a stranger who was off living in another dimension. Sometimes I thought he must be a hallucination because our extremely limited contact made our engagement feel unreal to me. But there was no way I could allow myself to get closer to him because I was so adamant on what I believed Allah asked of me in our situation as just plain old fiancés. It was agonizing.
Looking back on it nearly a decade later, I am astounded with my commitment to such standards. Particularly because none of my engaged friends – no matter how religious they were – held themselves to similar standards. Local couples were going out to restaurants on dates and taking adorable selfies together where their arms were definitely touching. Long distance couples were texting all day and video calling every night. Even now, I have some younger friends who are texting guys they’re only “talking to” throughout the day on Muslim marriage/dating apps. Please do not misconstrue me as judging all of my friends for their behavior. I simply mention this because I was constantly comparing myself to them and the relationships they had with their fiancés. I felt insane because I simultaneously wanted to have video calls every night with my fiancé to the point where we had cute nicknames for each other, too, but I just could not bring myself to actually act on that desire because I believed it was haram.
This struggle was something that apparently the local imam and shaykh at my masjid, who we had mandatory premarital counseling session with, noticed as well. He privately encouraged me to call my husband on the phone and talk more to become comfortable around him and get to know him better. When I told him that I was worried that this would be inappropriate because I believed it to be haram, he made a completely flabbergasting recommendation to me. He advised me to secretly marry my husband without our families knowing (he outlined a simple plan to accomplish this). He thought that since we were a long-distance couple we wouldn’t get into any real trouble. I guess the “trouble” he mentioned was consummating the marriage behind our families’ backs. In essence, I could turn him into my halal emotional boyfriend if we secretly married.
For the record, we did not pull a Romeo & Juliet story with a happy ending – we did not deceive our families and secretly marry. I thought my imam was completely irresponsible and borderline crazy. Getting secretly married seemed 100% wrong. I will admit that I do question if my rules of engagement (great pun) were correct Islamically, healthy, or wise–but that is something I can’t answer or change now.
Not moving forward with our relationship in a substantial way during that year was torture for me. We sent about one email a week to each other and had video calls with marriage counselors about once every month and a half. But that wasn’t enough for me.
I wanted to randomly text him some days just to ask, are you really alive out there, my “fiancé?” Forget texting him, I wanted to call him as I walked to class on campus or stay up and talk to him late into the night to discover that hidden part of ourselves which only comes out in sleep-deprived, giddy conversations. More than anything, I wanted him to feel real to me and for us to actually start building something because I didn’t know how I was supposed to marry him on our nikah day and then go home with him literally the next day.
The “Love Journal” is Born
So what did I do with my intense emotions?
I thought of the one thing that was always my safe harbor for my crazed, private emotions: writing. (If you’re familiar with some of my personal essays on MuslimMatters you have also realized this). I bought myself a beautiful notebook a week after we got engaged and I started journaling. This journal captured everything I wanted to say to him but just couldn’t. On some days he filled my Pride & Prejudice-like imagination (egged on to an exponential level due to my creative writing studies). When I ached to talk to him and be with him, I’d find time to sit down and write to him within the confines of our “love journal.”
These were my first love letters to him. It’s also very on theme for me, with my Jane Austen tastes. In my first post, I wrote, “So–I don’t really know what to call this thing” and repeated that in my last entry to him the day before our nikah:
“We made it! (well, almost.) This is a … ‘love journal?’ I don’t really know what else to call it. Allah promised us love with our spouses, and I think we’ve been so patient with each other this whole time that we really deserve it. This journal captures the undercover story of how everything has gone down in my book since our engagement.” -December 23, 2014
This became my outlet to confide in him about my experiences in the year we were engaged. I would give him updates about my life, provide him with my perspective on our occasional video calls, or embellish the moments we had into “cute” memories. I would disclose to him my fears about getting married and frustration with the strange limbo we were locked in. All of this writing made me feel close to him, even though it was completely one-sided. There was nothing wrong with writing these letters in my mind as long as he saw them only after we were married. I truly believe that love journaling helped me not only cope with a cruel year-long engagement, but also allowed me to help grow in our relationship – even if it was just through mental and emotional preparation.
Our “Love Journal” and Maybe Yours, Too?
The “love journal” was the special gift I slipped to my husband after our post-nikah photoshoot (a highly awkward endeavor and nothing like I ever imagined holding a boy’s hand for the first time was going to be). I was mortified giving the love journal to him. We had lunch together before our wedding reception the next day and I nearly fainted when he told me that he immediately began reading the journal and even stayed up late finishing the entire thing. But I’m so glad that he did. He was all caught up on everything and it was a load that had lifted off of my chest because it felt like he was marrying so much more of me after reading it.
If you’re single or in an engaged relationship yourself, you may want to consider trying a “love journal” of your own. It was one of the most helpful and meaningful rituals I practiced to help me survive my one-year engagement.
Related reading:
– 3 Steps To Safely Prepare For Your Halal Marriage – As Simple As ABC
3 Steps To Safely Prepare For Your Halal Marriage – As Simple As ABC
– Like Tinder, But Safer: Troubleshooting Arranged Muslim Marriage
Like Tinder, But Safer: Troubleshooting Arranged Muslim Marriage | https://muslimmatters.org/2022/08/04/how-i-survived-my-one-year-engagement/?utm_source=rss&utm_medium=rss&utm_campaign=how-i-survived-my-one-year-engagement | 2022-08-04T23:28:27Z | https://muslimmatters.org/2022/08/04/how-i-survived-my-one-year-engagement/?utm_source=rss&utm_medium=rss&utm_campaign=how-i-survived-my-one-year-engagement | false | 1 |
Some 1,400 antennas have already been installed, almost three times the minimum required. The largest city in South America started bringing 5g mobile telephone services Thursday, one week after the government passed new legislation allowing for speedier installation of antennas suitable for the new technology.
Providers TIM, Claro, and Vivo have been cleared to offer uninterfered fifth-generation services by the National Telecommunications Agency (Anatel).
Mobile phones and computers began receiving 5g data from a network of 1,400 antennas covering 25% of the city at 8 am local time (11 GMT), it was announced.
The bulk of the antennas was installed in the Historic Center, down Paulista Avenue, which is the most important avenue in the city, and part of the south zone, including neighborhoods such as Itaim Bibí, an area where large national and foreign companies have their offices.
The 5G technology for mobile internet offers an average speed of 1 Gigabit, which is ten times faster than 4G, and may reach 20 Gibabits, shortly, according to Anatel experts.
With 12 million inhabitants, São Paulo is the main metropolis in South America and the fifth Brazilian state capital to implement 5G technology.
The service was launched on July 6 in Brasilia, the federal capital, with 3 million inhabitants, followed by Belo Horizonte, Porto Alegre, and João Pessoa.
As per Anatel calculations, all 27 Brazilian state capitals will have 5G operational networks by the end of the year.
The use of the 3.5 gigahertz (GHz) frequency for the new generation of mobile Internet came nine months after the Ministry of Communications defined in an auction the companies entitled to use the frequencies for business or private services.
Equipment was installed to avoid interference in 226 Fixed Satellite Service stations and tests were carried out to confirm the operation without interference, detailed Anatel.
Some 1,400 antennas have already been installed, almost three times the minimum required.
LINK ORIGINAL: Mercopress | https://www.entornointeligente.com/5g-technology-starts-operating-in-so-paulo/ | 2022-08-04T23:28:28Z | https://www.entornointeligente.com/5g-technology-starts-operating-in-so-paulo/ | false | 3 |
ioneer to Ring Nasdaq Closing Bell to Commemorate US Listing
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- ioneer Ltd ("ioneer" or "the Company") (ASX: INR, NASDAQ: IONR), an emerging lithium–boron supplier, announced it will ring the Closing Bell at Nasdaq MarketSite in Times Square, New York today at 4:00 p.m. ET to celebrate its recent listing on the exchange.
The Company began trading on Nasdaq through an American Depositary Receipt (ADR) program on June 30, 2022, under the symbol IONR. To commemorate the occasion, ioneer Executive Chairman James Calaway and CEO Bernard Rowe will ring the Closing Bell this afternoon alongside members of the company's board of directors and senior management team.
The bell ringing comes just days after ioneer announced it has entered into its second and third binding lithium offtake agreements, finalizing the total planned lithium carbonate output and representing a significant milestone for the company and the United States' domestic electric vehicle supply chain. An agreement with Ford Motor Company was announced on July 22, 2022, and an agreement with Prime Planet Energy & Solutions, Inc., a joint venture between Toyota Motor Corp. and Panasonic Corp., was announced on July 31, 2022.
ioneer Executive Chairman James Calaway said:
"We are honored to celebrate our Nasdaq listing by ringing today's Closing Bell. I would like to thank our shareholders as well as the ioneer team and board of directors for their dedication and support throughout this process."
As a critical mineral in powering electric vehicles, global demand for lithium is rapidly increasing as countries like the U.S. shift resources to drive a successful transition to a clean energy future. ioneer's Rhyolite Ridge project, expected to come onstream in 2025, will become a major domestic supplier of refined lithium products, with enough supply of lithium materials for approximately 400,000 electric vehicles each year.
The Closing Bell ceremony will begin at 3:45 p.m. ET. Interested parties may tune into the live stream on the Nasdaq website here.
Contacts
About ioneerioneer Ltd is the 100% owner of the Rhyolite Ridge Lithium-Boron Project located in Nevada, USA, the only known lithium-boron deposit in North America and one of only two known such deposits in the world. The Definitive Feasibility Study (DFS) completed in 2020 confirmed Rhyolite Ridge as a world-class lithium and boron project that is expected to become a globally significant, long-life, low-cost source of lithium and boron vital to a sustainable future. In September 2021, ioneer entered a 50/50 joint venture agreement with Sibanye Stillwater Ltd to advance the Rhyolite Ridge project and signed a separate offtake agreement with Korea's EcoPro Innovation in 2021. ioneer will be the operator of the Project, which is expected to come onstream in 2025.
View original content:https://www.prnewswire.com/news-releases/ioneer-to-ring-nasdaq-closing-bell-to-commemorate-us-listing-301599003.html
SOURCE ioneer
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Jetzt informieren! | https://www.finanzen.at/nachrichten/aktien/ioneer-to-ring-nasdaq-closing-bell-to-commemorate-us-listing-1031645115 | 2022-08-04T23:28:41Z | https://www.finanzen.at/nachrichten/aktien/ioneer-to-ring-nasdaq-closing-bell-to-commemorate-us-listing-1031645115 | true | 11 |
Contractors in Atlanta blame slew of sinkholes on aging infrastructure
ATLANTA, Ga. (CBS46) - A slew of sinkholes surfaced in metro Atlanta recently, disrupting the flow of traffic and upsetting neighbors.
As a result, the work never ends for GS Construction. Making repairs to aging infrastructure is a massive undertaking and the only way to avoid the issue of sinkholes.
“We just replaced some infrastructure in the Emory area that was from the 1910′s with wooden water lines. Last year we found a storm drain out in DeKalb County that was from Civil War era and made out of slate and had been sitting there for 150 years,” GS Construction Owner Alessandro Salvo said.
It turns out that old and failing pipes underground are often to blame for sinkholes forming on our local roads.
“I think that everybody is working very hard to upgrade, maintain and fix any problems. It’s just such a gargantuan task in such a large city that is as old as Atlanta is,” Salvo said.
During the past week, two large sinkholes opened. One on Ira Street in Atlanta, the other on Austell Road in Cobb County.
And while many local governments have worked to replace aging equipment, those repairs take years and can’t keep up with the population growth.
“It’s going to tax an older line, it’s going to cause problems, leaks. That’s why it’s important that we upgrade all of the old infrastructure,” Salvo said.
It’s a job GS Construction expects will take years to complete and even then, it may not prevent the problem.
“It’s not going to get fixed tomorrow. It’s going to take the next 10 years, 20-years depending on how fast the city grows. It’s an ongoing process that never ends really,” Salvo said.
Copyright 2022 WGCL. All rights reserved. | https://www.cbs46.com/2022/08/04/contractors-atlanta-blame-slew-sinkholes-aging-infrastructure/ | 2022-08-04T23:28:54Z | https://www.cbs46.com/2022/08/04/contractors-atlanta-blame-slew-sinkholes-aging-infrastructure/ | true | 1 |
IOWA (WHO-TV) – An autopsy released Thursday revealed the causes of death for three family members who were killed at an eastern Iowa state park last month, as well as for the man believed to have killed them.
The bodies of the Cedar Falls, Iowa family were found at the Maquoketa Caves State Park on July 22; their deaths have been ruled homicides.
Tyler Schmidt, 42, was killed by a gunshot wound and “multiple sharp force injuries,” according to an Iowa Dept. of Public Safety news release. Sarah Schmidt, 42, died of multiple sharp force injuries, and 6-year-old Lula Schmidt died from a gunshot wound and strangulation.
Investigators previously said a fourth family member, 9-year-old Arlo Schmidt, survived the attack without physical injury. As of Thursday, it wasn’t clear whether or not he was in the tent when the deadly attack happened.
The cause of death for 23-year-old Anthony Sherwin, of LaVista, Nebraska, who the department said killed the Schmidts, was a self-inflicted gunshot wound. Investigators found Sherwin’s body in a wooded area outside of the campground.
Investigators have said they don’t know what caused Sherwin to attack the family.
The DCI is continuing its investigation into the deaths, but said in the release, “However, the known facts and circumstances, and all evidence collected to this point, substantiate Sherwin was the perpetrator of the homicides and acted alone.”
No other information was released by the DCI.
The Associated Press contributed to this report. | https://whnt.com/news/national/parents-6-year-old-killed-at-iowa-state-park-were-shot-stabbed-strangled-autopsy/ | 2022-08-04T23:29:28Z | https://whnt.com/news/national/parents-6-year-old-killed-at-iowa-state-park-were-shot-stabbed-strangled-autopsy/ | false | 29 |
Days of Our Lives moving from NBC exclusively to Peacock after nearly 60 years on the air came as a shock to a lot of people, including the show's crew members.
A source tells ET that some members of the Days of Our Lives production team learned the soap opera was moving to Peacock through media reports and were not told beforehand.
"We suspected this would happen at some point, but just not now," the source says. "This was shocking."
Indeed, the long-running daytime soap had been NBC's longest-running series after 57 years on the air. It had eclipsed more than 14,000 episodes, and just two years ago celebrated its 55th anniversary at NBC. But it's now moving to the network's streaming service, with new episodes dropping Sept. 12. NBC News Daily will replace the soap's time slot.
The bold move means NBC is getting out of the soap business, at least on the network side, and it leaves behind only three soaps on network television: The Bold and the Beautiful (CBS), The Young and the Restless (CBS) and General Hospital (ABC).
During its historic run, Days of Our Lives won four Daytime Emmy Awards for Outstanding Daytime Drama, with its last win in 2018. The series has been nominated 26 times in that category and, overall, it has a whopping 372 Emmy nominations.
In a statement, the network billed the move as a win-win for the show's ardent fans of the show and those who want to consume more daytime news.
"For the first time ever, all new episodes of the 58-time Emmy Award-winning drama will debut on Peacock daily with the show's robust library already available to stream for Peacock Premium subscribers," a statement read. "The historic move to Peacock creates the ultimate destination for daytime fans to access the library, new episodes and Peacock Original Days of Our Lives: Beyond Salem in one place."
RELATED CONTENT: | https://www.kare11.com/article/entertainment/entertainment-tonight/days-of-our-lives-crew-members-shocked-to-learn-soap-is-moving-to-peacock-source-says/603-87ae2538-c416-466d-ae74-2f18a2a43d41 | 2022-08-04T23:29:42Z | https://www.kare11.com/article/entertainment/entertainment-tonight/days-of-our-lives-crew-members-shocked-to-learn-soap-is-moving-to-peacock-source-says/603-87ae2538-c416-466d-ae74-2f18a2a43d41 | true | 10 |
Star actress Ryan Destiny served up legs for days at the red carpet premiere of Bullet Train. The melanated goddess wore a black David Koma blazer to the event that featured a long red and black train on the side. Showing off her glistening legs, Destiny dolled up the ensemble with chunky black high heels, a fresh french manicure, and some rings.
The Grown-ish alum wore her hair parted straight with subtle flowing curls. Celebrity stylist Scot Louie was responsible for pulling together the star’s red carpet look.
Business has certainly been booming for Ms. Destiny. Recently, the multi-hyphenate has been racking up huge modeling deals with high fashion brands like Prada. She also dropped a fun clothing collection with Pac Sun filled with “breathable and versatile” summer attire.
In 2020, the star released her R&B anthem “Do You” a mantra Ryan told Nylon she lives by daily.
“‘Do You’ is what happens when you mix fun with attitude. ‘Do you boo!’ is one of my favorite things to say and it’s usually because I have all intentions on doing the same. Focusing on myself will always be a mood and I think we’ve all been in a few situations where you have to remind someone of that,” the singer said at the time.
While success appears to be swirling around the musician, juggling all of her responsibilities amid some of the pitfalls of the entertainment industry can be “a struggle” at times.
“You kind of go through it without even realizing when you’re young,” the 27-year-old told SSENSE during a recent interview. “It’s something I didn’t realize until years ago—getting into the industry, realizing how you are treated differently, looked at differently, and having to prove yourself ten times more than other people. I want to break barriers and change people’s outlook on color and race. It’s really cool to watch a lot of people who are black and powerful doing that in this industry. And I’m still going through it now,” she added.
Despite challenges, Ryan Destiny is certainly handling her business with style and grace!
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Ryan Destiny Serves Legs For Days In A Gorgeous David Koma Blazer was originally published on hellobeautiful.com | https://mycolumbusmagic.com/2881589/ryan-destiny-serves-legs-for-days-in-a-gorgeous-david-koma-blazer/ | 2022-08-04T23:31:45Z | https://mycolumbusmagic.com/2881589/ryan-destiny-serves-legs-for-days-in-a-gorgeous-david-koma-blazer/ | false | 13 |
In what’s felt like years, and far too many of them, the estate of late music legend Prince has been in a state of tug-of-war — business reps on one side, family on the other.
However, it now looks like the battle may finally be coming to an end following new reports that an agreement has been met with both parties sharing an even split.
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Minnesota’s First Judicial District issued the order on Monday (Aug 1) which splits the $6 million in cash between Prince Legacy LLC and Prince OAT Holdings LLC. The former consists of family, including half-siblings Sharon Nelson, John Nelson and Norrine Nelson alongside advisors L. Londell McMillan and Charles Spicer. Prince OAT Holdings LLC consists of the stakes sold to Primary Wave by family members Tyka Nelson, Omarr Baker and Alfred Jackson, in addition to three separate entities.
More on how that all breaks down below, via People:
“Prince’s six half-siblings were named his legal heirs after he died in 2016 with no living children or spouse and no will in accordance to Minnesota law, according to Billboard. Tyka Nelson, Omarr Baker and Alfred Jackson sold their interests to Primary Wave in the years since, creating the half of Prince’s estate now owned under Prince OAT Holdings LLC.
Prince’s remaining three siblings who did not sell their interests now control the other half alongside their advisors, according to Billboard.”
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Comerica Bank & Trust, which was assigned by the court to administrate the estate’s affairs during litigation, will retain $3 million in reserve funds to pay for, in their words, “the costs and expenses associated with closing the Estate.” That’s expected to include tax returns, professional fees and other necessary expenses. Here’s the catch: they have to spend a certain amount of money during three different periods between now and Jan. 31, 2024. Anything not spent at the end of that period will be returned back to another 50/50 spilt between Prince OAT Holdings LLC and Prince Legacy LLC.
To be honest, it all sounds pretty fair and probably what Prince would’ve wanted. Primary Wave also has stake in the estates of other pop icons like the late Whitney Houston, Ray Charles and Bob Marley.
Take a look at a video of Prince talking on ownership shared by fan on Twitter, and let us know what you think:
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Prince Estate Battle Finally Ends In Even Split Between Publisher And Siblings was originally published on blackamericaweb.com | https://mycolumbusmagic.com/2881612/prince-estate-battle-finally-ends-in-even-split-between-publisher-and-siblings/ | 2022-08-04T23:32:33Z | https://mycolumbusmagic.com/2881612/prince-estate-battle-finally-ends-in-even-split-between-publisher-and-siblings/ | true | 16 |
BLOOMINGTON, Minn. (NEXSTAR) — Police in Minnesota are looking for the person who fired multiple shots at the Mall of America in suburban Minneapolis Thursday, according to police.
Around 5:40 p.m. CDT, Bloomington police officials confirmed that shots were fired, adding that a suspect fled the Mall of America on foot. As of that news release, no victim had been found.
The mall, which had been on lockdown for more than an hour, will close for the night once the lockdown is lifted, police said.
Mall of America spokesman Dan Jasper confirmed that the mall was locked down Thursday afternoon but had no other details.
The Mall of America tweeted that there was a “confirmed isolated incident in a tenant space” and asked shoppers to “remain in the closest secure location until the lockdown has been lifted.”
Video posted to social media showed what appeared to be a man shouting as he walked near the complex’s Nike store, with at least three apparent gunshots.
NASCAR’s Kyle Busch and his family were at the mall earlier in the day according to posts his wife, Samantha, made on Instagram. She posted that “If you are seeing the news about the [Mall of America] we got out and are safe. Praying others inside are too.”
The mall, which opened in 1992, is the largest in the U.S. and is a tourist destination and community gathering spot.
This is a developing story. The Associated Press contributed to this report. | https://www.woodtv.com/news/nexstar-media-wire/possible-shooting-at-mall-of-america-prompts-lockdown/ | 2022-08-04T23:33:25Z | https://www.woodtv.com/news/nexstar-media-wire/possible-shooting-at-mall-of-america-prompts-lockdown/ | false | 22 |
AUSTIN, Texas (AP) — A Texas jury on Thursday ordered conspiracy theorist Alex Jones to pay more than $4 million in compensatory damages to the parents of a 6-year-old boy who was killed in the Sandy Hook Elementary School massacre, marking the first time the Infowars host has been held financially liable for repeatedly claiming the deadliest school shooting in U.S. history was a hoax.
The Austin jury must still decide how much the Infowars host must pay in punitive damages to Neil Heslin and Scarlett Lewis, whose son Jesse Lewis was among the 20 children and six educators who were killed in the 2012 attack in Newtown, Connecticut.
The parents had sought at least $150 million in compensation for defamation and intentional infliction of emotional distress. Jones’ attorney asked the jury to limit damages to $8 million — one dollar for each of the compensation charges they are considering — and Jones himself said any award over $2 million “would sink us.”
It likely won’t be the last judgment against Jones over his claims that the attack was staged in the interests of increasing gun controls. A Connecticut judge has ruled against him in a similar lawsuit brought by other victims’ families and an FBI agent who worked on the case.
The Texas award could set a marker for other cases against Jones and underlines the financial threat he’s facing. It also raises new questions about the ability of Infowars — which has been banned from YouTube, Spotify and Twitter for hate speech — to continue operating, although the company’s finances remain unclear.
Jones conceded during the trial that the attack was real and that he was wrong to have lied about it. But Heslin and Lewis told jurors that an apology wouldn’t suffice and called on them to make Jones pay for the years of suffering he has put them and other Sandy Hook families through.
Jones’ media company Free Speech Systems, which is Infowars’ parent company, filed for bankruptcy during the two-week trial.
© 2022 Associated Press all rights reserved. | https://www.newsnationnow.com/entertainment-news/media/alex-jones-ordered-to-pay-sandy-hook-parents-more-than-4m/ | 2022-08-04T23:36:03Z | https://www.newsnationnow.com/entertainment-news/media/alex-jones-ordered-to-pay-sandy-hook-parents-more-than-4m/ | false | 29 |
From Lateef Dada, Osogbo
The All Progressives Congress (APC) yesterday said it would challenge the July 16 governorship election in Osun State at the tribunal.
Gboyega Famodun, the state APC Chairman said this at a news conference at the party secretariat, Osogbo, yesterday.
The Independent National Electoral Commission (INEC) on July 17, declared Senator Ademola Adeleke of the PDP as winner with 403,371 votes.
While Governor Gboyega Oyetola of the APC placed second with 375,027 votes.
Famodun said the decision to contest the poll in court followed assurances by the party lawyers who said there were good grounds to challenge the results after they had studied them.
“We are going to the tribunal. Our lawyers had informed us that we have good reasons to challenge the results of the election at the tribunal,” he said.
He decried the suspected anti-party activities of an APC faction in the state”The Osun Progressive (TOP)”.
The chairman said the faction, which was under the control of the Minister of Interior and former Governor Rauf Aregbesola, worked for the opposition to deny the APC victory at the election.
“The recent protest by the group, calling for his removal as the party’s chairman and the restructuring of the party, after they openly supported the PDP candidate, Sen. Ademola Adeleke, during the governorship election was shameful and wicked.
“Our position is that the protest was shameful, callous, primitive, selfish, wicked, misplaced and inconsiderate for the Aregbesola supporters, who glaringly worked against the success of Gov. Oyetola at the polls, to now be canvassing restructuring of the party through a sponsored protest.
“Assuming without conceding that there are challenges within the party, the protesters and their patron should know that they lack moral right to either suggest or effect any likely solution for the restructuring of our party, as it is on record that they massively and collectively worked against Oyetola.
“Since members of the factional group (TOP) people, had done their worst by working assiduously and conscientiously by teaming up with the PDP for the success of Adeleke, which is the highest level of an anti-party activity that can be committed by any politician, it will be a needless venture to enter into any pact with the group that is bereft of honour,” he said. | https://www.sunnewsonline.com/osun-were-going-to-tribunal-says-apc/ | 2022-08-04T23:38:07Z | https://www.sunnewsonline.com/osun-were-going-to-tribunal-says-apc/ | false | 1 |
By Prof. Engr. Zamir Ahmed Awan
Global Research, August 04, 2022
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***
Followed by the visit of the U.S. House of Representatives Speaker Nancy Pelosi to Taiwan, the emerging situation is quite tense. Despite advance warnings, she made her visit and offended the 1.4 billion Chinese people. The anger and anxiety, of the Chinese public, are well understood. All peace-loving nations and individuals stand with China and condemned her action.
Pakistan being the Iron Clad and closest friend of China, always stood with China at all odd times. At this moment, Pakistan reaffirms its strong commitment to the ‘One-China’ Policy and firmly supports China’s sovereignty and territorial integrity. Pakistan is deeply concerned over the evolving situation in the Taiwan Strait, which has serious implications for regional peace and stability. The world is already reeling through a critical security situation due to the Ukraine conflict, with destabilizing implications for international food and energy security. The world cannot afford another crisis that has negative consequences for global peace, security, and the economy. Pakistan strongly believes that inter-state relations should be based on mutual respect, non-interference in internal affairs, and peaceful resolution of issues by upholding principles of the UN charter, international law, and bilateral agreements. The people of Pakistan share the Chinese feelings and sentiments and support Chinese sovereignty.
On August 3, 2022, local time, on the sidelines of the series of foreign ministers’ meetings on East Asia cooperation and his visit to Cambodia, State Councilor and Foreign Minister Wang Yi gave an interview with reporters and elaborated on China’s solemn position on U.S. House of Representatives Speaker Nancy Pelosi’s visit to China’s Taiwan region.
Wang Yi stressed that this is an out-and-out farce. The U.S. is playing dirty tricks to encroach upon China’s sovereignty under the guise of “democracy”, and separatist forces for “Taiwan independence” like Tsai Ing-wen are hanging on to the U.S. coattails, turning their back on the just cause of the Chinese nation. However, these perverse actions cannot in any way change the prevailing international consensus on the One China principle, nor can they change the irreversible historical trend of Taiwan’s return to the motherland. Those who play with fire will not come to a good end. Those who offend China will surely be punished. It is hoped that the US will understand Chinese feelings and public sentiments and avoid any further confrontation. The Chinese people are genetically peace-loving and have demonstrated restraint and patience during the last four decades and have not fought any war. China believes in peaceful resolutions of all disputes and differences through diplomatic and political means and has exercised the same in the past. China is a net contributor to global stability and security throughout history. It has never invaded nor imposed war on any other country. However, if war is imposed on it, China has the right to respond appropriately. China has attained a certain level of development in all dimensions and reached a stage where it cannot be coerced so easily. World opinion supports China and believes Pelosi’s action is unjustified.
The people of Pakistan understand the public sentiments in China and cannot ignore the voice of 1.4 billion Chinese friends. Both countries have a history of supporting each other in all critical moments. China always looked after Pakistan’s vital national interests and raised its voice on all platforms for Pakistan, including the UN. China is currently President of the United Nations Security Council (UNSC).
It is believed that all peace-loving nations and individuals stand with China and support the Chinese stance. They will not allow spoiling the global peace and stability. The countries in the region should play a proactive role to defuse the tension and pave the way for peaceful and smooth development of the region and global economy.
*
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Prof. Engr. Zamir Ahmed Awan, Founding Chair GSRRA, Sinologist (ex-Diplomat), Editor, Analyst, Non-Resident Fellow of CCG (Center for China and Globalization). His e-mail is awanzamir@yahoo.com.
The original source of this article is Global Research
Copyright © Prof. Engr. Zamir Ahmed Awan, Global Research, 2022
https://www.globalresearch.ca/pakistan-stands-solidarity-china-recent-events-around-taiwan/5788847 | https://counterinformation.wordpress.com/2022/08/04/pakistan-stands-in-solidarity-with-china-amid-the-recent-events-around-taiwan/ | 2022-08-04T23:42:09Z | https://counterinformation.wordpress.com/2022/08/04/pakistan-stands-in-solidarity-with-china-amid-the-recent-events-around-taiwan/ | true | 1 |
More Lucky 15 tips today to add to your betting slips on Friday 5th August, as Andy Newton gives you his four horse racing best bets from across the UK meetings at Brighton, Thirsk, Newmarket and Haydock.
Best Horse Racing Betting Offers & Free Bets
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Back today’s Lucky 15 tips in an acca @ 18/1 with BetUK (click the betslip below). Plus, why not work out what today’s picks could win by using our Lucky 15 bet calculator for free?
Here are our four best horse racing tips to include in your Lucky 15 bet slip, plus join the BetUK ‘Acca Club’ and get 5 profit boosts to use on accas with different numbers of selections (Ts&C’s apply), plus Bet £10 and Get a £30 FREE BET (new customers).
Lucky 15 Tips and Horse Racing Best Bets Today
SYMBOLIZE @ 10/11 with BetUK – 3.00 Thirsk
Won this race 12 months ago and looks to have another decent chance despite being the lowest-rated of the three runners. This Andrew Balding runner will prefer the ease in the ground after finding things a bit lively at Royal Ascot last time out in the Hunt Cup.
UNSUNG HERO @ 4/6 with BetUK – 3.50 Brighton
Winless from 4 runs, but has run well enough to suggest a race like this is there for the taking for this Heather Main runner. A close third at Leicester last time out too over 7f – staying on well so the step up to a mile will suit.
GIAVELLOTTO @ 11/10 with BetUK – 7.10 Newmarket
Won two of his five starts and was a solid second at Haydock last time out. Up 5lbs here for that run but a very similar-looking race and gets plenty of weight from the Godolphin runner – Law Of The Sea.
MOLINARI @ 15/8 with BetUK – 8.37 Haydock
On a three-timer after wins at Beverley and York. Up just 3lbs for the last of those successes here so the handicapper has given him a decent chance of landing the hat-trick.
Back today’s Lucky 15 selections in an acca @ 18/1 with BetUK (click the betslip below)
Note: Odds are correct at time of publishing and are subject to change
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See below our select list of some of the newer bookies around – but totally trusted bookmakers, that will also have prices ahead of the horse racing today – best of all they ALL also have ‘must-see’ free bet sign-up offers to snap-up. Or, if you’ve already claimed these betting offers – you can check out all the latest best horse racing betting sites here. | https://sportslens.com/news/lucky-15-tips-today-andy-newtons-racing-bets-fri-5th-aug/ | 2022-08-04T23:42:27Z | https://sportslens.com/news/lucky-15-tips-today-andy-newtons-racing-bets-fri-5th-aug/ | false | 1 |
Instagram / tiffstreats
For those who observe, Thursday, August 4 is National Chocolate Chip Cookie Day.
Tiff's Treats' five San Antonio locations are celebrating National Chocolate Chip Cookie Day — that’s Thursday, August 4, by the way — by doling out free, warm cookies to folks who stop by.
To snag the free chocolate chip cookie, a person need only visit on of the Austin-based chain's stores. That’s it. Just walk in.
Of course, there are some caveats — aren't there always? — namely, that Tiff's is limiting the free goods to one per person. You also have to be physically in a store to receive your cookie, so no astral projection allowed.
For folks who can’t get to one of the stores before closing time, the company also is offering a 50% discount on online and mobile chocolate chip cookie orders placed before the food holiday is over.
SA’s Tiff’s Treats stores are concentrated north of downtown, and they’re all open until 10 p.m. on the big day.
So many restaurants, so little time. Find out the latest San Antonio dining news with our Flavor Friday Newsletter. | https://www.sacurrent.com/food-drink/san-antonio-tiffs-treats-locations-giving-away-free-chocolate-chip-cookies-this-thursday-29520206 | 2022-08-04T23:44:39Z | https://www.sacurrent.com/food-drink/san-antonio-tiffs-treats-locations-giving-away-free-chocolate-chip-cookies-this-thursday-29520206 | true | 1 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/philadelphia-eagles/articles/40293168 | 2022-08-04T23:45:55Z | https://sportspyder.com/nfl/philadelphia-eagles/articles/40293168 | false | null |
WASHINGTON, Aug 5 — Time is getting “very short” for Iran to accept a return to the international deal to manage Tehran’s controversial nuclear program, the White House said Thursday.
Speaking after negotiators from Iran and the international group resumed talks in Vienna, National Security Council spokesman John Kirby told reporters there is “a deal on the table” and the Iranians “ought to take it.”
“You’ve heard the president say we’re not going to wait forever for Iran to take this deal,” Kirby said.
“I’m not going to slap a label on it and say ‘last ditch,’ but clearly time does appear to be getting very short in terms of being able to get to a deal. And again, we urge Iran to take this deal on the table,” he said.
The proposed deal would see Iran agree to stringent controls on its nuclear sector, which it insists has only civilian purposes but is suspected of harbouring a secret military programme.
In return, Iran would see a gradual lifting of crippling economic sanctions. — AFP | https://www.malaymail.com/news/world/2022/08/05/white-house-time-very-short-for-iran-to-accept-nuclear-deal/21155 | 2022-08-04T23:46:00Z | https://www.malaymail.com/news/world/2022/08/05/white-house-time-very-short-for-iran-to-accept-nuclear-deal/21155 | true | 1 |
EXCLUSIVE: Investigation Discovery is supersizing In Pursuit Of John Walsh.
The Warner Bros Discovery-owned cable network has renewed the documentary series for a fourth season and has set a special and a companion series.
The series follows Walsh and his son Callahan Walsh as they bring fugitives to justice, find missing children and empower the public to help support a more effective and accountable criminal justice system
The fourth season, which consists of 12 episodes, will launch on August 24.
It will be followed by a one-hour studio special In Pursuit: Hot On The Trail, which will see the pair take a deep dive into cases, give real-time updates, and provide a deeper understanding of the Walsh family mission, which has driven the Walshs for 41 years since the abduction and murder of six-year-old Adam Walsh.
Moderated by correspondent Michelle Sigona, a variety of experts involved with the cases will round out the hour, highlighting the results from the first three seasons, and imploring a call to action to help find more fugitives and recover more missing children.
The fourth season will include cases including the story of a corrections officer and devoted mother who go missing, and her son’s father, William Strand, becomes the prime suspect. Investigators say an unidentified serial sexual predator terrorized women in central Florida for years until a breakthrough in DNA technology appears to link Leslie Lagrotta to the assaults. Cal’s on the ground in Orlando, Florida, to help authorities track down Lagrotta.
Separately, In Pursuit with John Walsh: Captured will see the pair celebrate their 37 captures to date. It will look back at the investigation of Luis Frias, who allegedly murdered his common-law wife in front of their kids. After the episode aired, Frias was captured in Mexico thanks to an anonymous viewer tip. Then, Callahan Walsh revisits the case of William Stanson, a Michigan father accused of sexually assaulting a group of young women as well as his own daughter. He was caught in Mexico as well thanks to another tipster. Last, the show revisits the 2019 homicide of Alyssa Cannon and her 4-year-old son Brayden at the hands of Jory Worthen. Since airing, Worthen was captured in a motel outside of Burbank, California and was extradited back to Arkansas. The special will air on August 31.
“We’ve seen 37 fugitives brought to justice from the first three seasons of In Pursuit, and ID is honored to support John Walsh who continues to do what he does best – hunting down fugitives and delivering families justice,” said Jason Sarlanis, President of Crime and Investigative Content, Linear and Streaming. “We are excited to introduce audiences to Hot on the Trail, an extension of In Pursuit that offers real-time updates and intimate interviews with those closest to the cases to turn up the heat on these investigations and empower our viewers to act.”
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Subscribe to Deadline Breaking News Alerts and keep your inbox happy. | https://deadline.com/2022/08/in-pursuit-of-john-walsh-renewed-for-season-4-investigation-discovery-1235085214/ | 2022-08-04T23:50:23Z | https://deadline.com/2022/08/in-pursuit-of-john-walsh-renewed-for-season-4-investigation-discovery-1235085214/ | false | 3 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/pittsburgh-steelers/articles/40293630 | 2022-08-04T23:51:34Z | https://sportspyder.com/nfl/pittsburgh-steelers/articles/40293630 | true | null |
Hooked On You: A Dead by Daylight Dating Sim (opens in new tab) is a gift to all of the people who play Behaviour Interactive's game about horrific killers, but who also think they might deserve a kiss sometimes. Or all the time, as the staggering waterfall of Dead by Daylight fanart has so explicitly shown. Hooked On You, which is available today on Steam, plucks out four of its hottest villains and puts them on an island with you. Even as someone who hasn't played the popular multiplayer game it's based on (I've seen it played a lot though), it's still a surprisingly charming genre twist that didn't need to be this good.
Hooked On You is developer Psyop's return to dating sims after releasing the Kentucky Fried Chicken game in 2019. I Love You, Colonel Sanders! A Finger Lickin’ Good Dating Simulator (opens in new tab) received criticism when it came out for being what was essentially an elaborate marketing ploy disguised as a dating sim, a genre that's had a long history as a place for queer expression that you wouldn't find in a lot of mainstream releases. Hooked On You carefully rides the line between brand advertisement and sincere dating game, but after having finished it twice, I think its commitment to the bit is largely genuine. The only thing that's a little hard to get past is Psyop's recent involvement with NFTs (opens in new tab); a venture that damages my enjoyment a little after the fact, even though it was led by a different project director than the one who worked on this game.
Like almost all dating sims, Hooked On You drops you into a situation where it's impossible not to fall into the lap of one of its sexy love interests, or killers in this case. You're stranded on a tropical island and are given the opportunity to chat up the Trapper, the Huntress, the Wraith, and the Spirit. Each of them have their own distinct desires and open up about their traumatic pasts, which the game's self-aware writing underlines through the voice of its narrator.
Courting the killers requires you to impress them over drinks, volleyball, and impromptu dates in an abandoned, magical lighthouse (it gets weird fast). If you say the wrong thing and piss them off, you'll get murdered and asked to retry, but, outside of one small stop-the-spinner minigame, it's easy to lock lips with one of the gruesomely attractive villains by the end of its one-hour length. If the outcome wasn't exactly what you wanted or there are other paths you want to pursue, you can reload and skip through the dialogue to change your fate.
The structure is exactly what you'd expect, but the way Hooked On You is able to acknowledge its absurd premise, the game it's based on, and how desperate its characters are for a genuine connection, is magnetic. Once I hit the second day, I couldn't stop clicking through the witty conversations to see how I could convince one of the killers to spend the night with me. Hooked On You treats everyone, no matter how ridiculous and detached from their violent role in the multiplayer game, like real people, and it all comes through in the writing. And for a short experience, that's a lot more than I could have asked for.
Hooked On You embraces its place as an imaginative $10 off-shoot where the only aim is to finally let people make out with the chopped-up goth girl or the masked himbo. It's surprisingly honest and a welcome palate cleanser if you've been knee-deep in much bigger and much more grim games this year.
Hooked On You is available on Steam, and if you own Dead By Daylight, you'll earn some in-game goodies for buying it too. | https://www.pcgamer.com/the-dead-by-daylight-dating-sim-has-no-business-being-this-good/ | 2022-08-04T23:53:37Z | https://www.pcgamer.com/the-dead-by-daylight-dating-sim-has-no-business-being-this-good/ | true | 2 |
Stiles Financial Services Inc raised its holdings in shares of American Tower Co. (NYSE:AMT – Get Rating) by 7.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,679 shares of the real estate investment trust’s stock after purchasing an additional 549 shares during the quarter. American Tower makes up 1.0% of Stiles Financial Services Inc’s holdings, making the stock its 28th biggest position. Stiles Financial Services Inc’s holdings in American Tower were worth $1,929,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in AMT. Cassady Schiller Wealth Management LLC acquired a new stake in shares of American Tower during the fourth quarter worth $25,000. Rational Advisors LLC increased its position in shares of American Tower by 140.0% in the fourth quarter. Rational Advisors LLC now owns 84 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 49 shares during the period. Sandy Cove Advisors LLC bought a new position in shares of American Tower in the fourth quarter worth $27,000. Crewe Advisors LLC bought a new position in shares of American Tower in the fourth quarter worth $28,000. Finally, First Personal Financial Services bought a new position in shares of American Tower in the fourth quarter worth $30,000. Institutional investors and hedge funds own 91.00% of the company’s stock.
Analysts Set New Price Targets
Several analysts have recently weighed in on AMT shares. KeyCorp boosted their price target on American Tower from $283.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday. JPMorgan Chase & Co. raised American Tower from an “underweight” rating to an “overweight” rating and lifted their price objective for the stock from $245.00 to $285.00 in a research note on Tuesday, June 21st. TheStreet raised American Tower from a “c+” rating to a “b” rating in a research note on Wednesday, April 27th. Jefferies Financial Group decreased their price objective on American Tower from $308.00 to $293.00 and set a “buy” rating for the company in a report on Thursday, June 30th. Finally, Bank of America started coverage on American Tower in a report on Sunday, June 5th. They set a “buy” rating and a $315.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $292.13.
American Tower Price Performance
American Tower (NYSE:AMT – Get Rating) last issued its quarterly earnings data on Thursday, July 28th. The real estate investment trust reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.99. American Tower had a return on equity of 28.93% and a net margin of 27.23%. The business had revenue of $2.67 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the prior year, the business posted $2.42 earnings per share. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. Analysts expect that American Tower Co. will post 9.35 earnings per share for the current fiscal year.
American Tower Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 8th. Stockholders of record on Friday, June 17th were issued a dividend of $1.43 per share. This represents a $5.72 annualized dividend and a dividend yield of 2.13%. The ex-dividend date was Thursday, June 16th. This is a positive change from American Tower’s previous quarterly dividend of $1.40. American Tower’s dividend payout ratio is currently 94.08%.
Insider Buying and Selling
In related news, Director Robert D. Hormats sold 200 shares of the firm’s stock in a transaction on Wednesday, June 15th. The stock was sold at an average price of $235.40, for a total value of $47,080.00. Following the completion of the transaction, the director now owns 6,721 shares in the company, valued at approximately $1,582,123.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Robert D. Hormats sold 200 shares of the firm’s stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $235.40, for a total transaction of $47,080.00. Following the sale, the director now directly owns 6,721 shares in the company, valued at approximately $1,582,123.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert D. Hormats sold 150 shares of American Tower stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $254.53, for a total value of $38,179.50. Following the completion of the sale, the director now owns 6,571 shares in the company, valued at $1,672,516.63. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by company insiders.
About American Tower
American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.
Further Reading
- Get a free copy of the StockNews.com research report on American Tower (AMT)
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Want to see what other hedge funds are holding AMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Tower Co. (NYSE:AMT – Get Rating).
Receive News & Ratings for American Tower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Tower and related companies with MarketBeat.com's FREE daily email newsletter. | https://theenterpriseleader.com/2022/08/04/stiles-financial-services-inc-has-1-93-million-stock-holdings-in-american-tower-co-nyseamt.html | 2022-08-04T23:54:25Z | https://theenterpriseleader.com/2022/08/04/stiles-financial-services-inc-has-1-93-million-stock-holdings-in-american-tower-co-nyseamt.html | true | 13 |
LEAWOOD, Kan. (AP) _ AMC Entertainment Holdings Inc. (AMC) on Thursday reported a loss of $121.6 million in its second quarter.
The Leawood, Kansas-based company said it had a loss of 24 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.
The movie theater operator posted revenue of $1.17 billion in the period, which matched Street forecasts.
AMC Entertainment shares have declined 31% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.66, a drop of 37% in the last 12 months.
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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 AMC at https://www.zacks.com/ap/AMC | https://www.ctinsider.com/business/article/AMC-Entertainment-Q2-Earnings-Snapshot-17352541.php | 2022-08-04T23:56:33Z | https://www.ctinsider.com/business/article/AMC-Entertainment-Q2-Earnings-Snapshot-17352541.php | false | null |
ARLINGTON, Va. (AP) _ The AES Corp. (AES) on Thursday reported a second-quarter loss of $136 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Arlington, Virginia-based company said it had a loss of 27 cents. Earnings, adjusted for non-recurring costs, were 34 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.
The power company posted revenue of $3.08 billion in the period.
AES shares have dropped slightly more than 5% since the beginning of the year, while the S&P's 500 index has declined 13%. In the final minutes of trading on Thursday, shares hit $23, a decline of almost 3% in the last 12 months.
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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 AES at https://www.zacks.com/ap/AES | https://www.thehour.com/business/article/AES-Q2-Earnings-Snapshot-17352922.php | 2022-08-04T23:58:40Z | https://www.thehour.com/business/article/AES-Q2-Earnings-Snapshot-17352922.php | false | 55 |
English Premier League 2022-23: What to watch for in Matchweek 1 originally appeared on NBC Sports Washington
No, you’re not crazy – the new English Premier League season is already almost upon us.
After Manchester City lifted the league title a little over two months ago, teams have completed their preseason schedules and are ready to start the grind of the new campaign.
With the first game on the calendar not too far away, here’s everything you need to know ahead of Matchweek 1 of the 2022-23 EPL season:
When does the 2022-23 English Premier League season start?
The 2022-23 EPL season starts with Arsenal visiting Selhurst Park to take on Crystal Palace on Friday, Aug. 5 at 3 p.m. ET.
After falling two points shy of UEFA Champions League qualification last season, Mikel Arteta’s revamped squad will be hoping for a strong start to the campaign. However, Patrick Vieira’s side has established itself as a tough team to beat at home. Palace finished three points off a top-10 spot in the standings last year and will also hope to kick the season off on the right foot.
Sports
This will be the only contest on Friday. There will be six games on Saturday and three on Sunday to end Matchweek 1.
What are the key games from Matchweek 1 of the 2022 English Premier League season?
None of England’s “Big 6” will be squaring off in Matchweek 1, but there are two games to mark on your calendar. The first is Chelsea at Everton on Saturday, Aug. 6 at 12:30 p.m. ET. Everton just avoided relegation last season, so Frank Lampard will need his squad to start off strong against the team he once suited up for.
The other is West Ham hosting City on Sunday, Aug. 7 at 11:30 a.m. ET. The Hammers nearly topped Manchester United in the table last year, but still qualified for the UEFA Europa Conference League tournament. That won’t be an easy opener for the defending league champions, but there’s another reason why that’s a game to watch.
When is Erling Haaland’s English Premier League debut?
Haaland is set to make his English Premier League debut against West Ham on Sunday, Aug. 7 at 11:30 a.m. ET. After coming over from Bundesliga side Borussia Dortmund, he’ll have a ton of eyes on him as he’s one of the best young players in the world. He had a rough outing against Liverpool in the FA Community Shield, which included this egregious miss, so it’ll be interesting to see how adapts to life in England.
How will the 2022 World Cup affect the English Premier League schedule?
With the 2022 FIFA World Cup in Qatar taking place in November rather than the usual time of summer, leagues around the world will be taking a pause to allow players to compete on soccer’s grandest stage.
The EPL will have its last round of games on the weekend of Nov. 12 and 13 before pausing games until Boxing Day on Dec. 26. If a Premier League player makes it to the World Cup Final, they will have only eight days to recover since the last game of the tournament is scheduled for Dec. 18. | https://www.nbcchicago.com/news/sports/english-premier-league-2022-23-what-to-watch-for-in-matchweek-1-2/2907312/ | 2022-08-04T23:59:43Z | https://www.nbcchicago.com/news/sports/english-premier-league-2022-23-what-to-watch-for-in-matchweek-1-2/2907312/ | false | 11 |
After saving a few million dollars by not letting anyone see the Leslie Grace-led Batgirl, Warner Bros. Discovery has decided that Marvel might have been onto something with their whole superhero thing. Merger mastermind and CEO of the blended behemoth companies David Zaslav announced on an earnings call that the media corporation is pressing the reset button on their biggest superhero properties, cribbing straight from Marvel’s notes with a 10-year vision to build a cinematic universe worthy of Batman, Wonder Woman, Superman, and more.
“It’s very similar to the structure that Alan Horn and Bob Iger put together very effectively with Kevin Feige at Disney,” Zaslav said. “We think that we could build a long-term, much stronger, sustainable growth business out of DC and as part of that, we’re gonna focus on quality.”
Thank goodness they’re going to focus on quality.
Cutting through the business jargon, you’ve got to give Zaslav at least a little credit for being upfront about copying Marvel’s wildly successful model of introducing characters, weaving them into each other’s movies, and then teaming them up for a major event. Granted, that’s also not specifically what he said, but it’s what we can hope he means. Plus, Warner Bros. and DC have been down this path before, convinced that Zack Snyder was shepherding a cohesive expanded universe that never felt connected.
The looming question is how big of a reset this really is. With Wonder Woman and Aquaman‘s popularity, can you really fully clear the slate? Will they recast the major heroes and genuinely start fresh? Or will it be a Frankenstein’s monster vibe where Gal Gadot and Jason Momoa buddy up with a brand new Batman and Supes? And how can we make sense of a cohesive DC universe when Joaquin Phoenix and Lady Gaga are making Joker movies while Robert Pattinson’s Batman is somehow outside the greater DC continuity?
A pure reset is a pipe dream. The challenge, then, will be how to replicate Marvel’s technical schematics while already up in the air.
(via The Wrap) | https://uproxx.com/movies/warner-bros-dcu-reboot-marvel/ | 2022-08-05T00:00:07Z | https://uproxx.com/movies/warner-bros-dcu-reboot-marvel/ | true | 1 |
RICHMOND, Va. (AP) _ Apple Hospitality REIT Inc. (APLE) on Thursday reported a key measure of profitability in its second quarter. The results beat Wall Street expectations.
The Richmond, Virginia-based real estate investment trust said it had funds from operations of $110.8 million, or 48 cents per share, in the period.
The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 45 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $65.3 million, or 29 cents per share.
The hotel-owning real estate investment trust posted revenue of $337.7 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $316.8 million.
The company's shares have increased nearly 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.61, a climb of 16% in the last 12 months.
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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 APLE at https://www.zacks.com/ap/APLE | https://www.ctpost.com/business/article/Apple-Hospitality-REIT-Q2-Earnings-Snapshot-17352956.php | 2022-08-05T00:01:00Z | https://www.ctpost.com/business/article/Apple-Hospitality-REIT-Q2-Earnings-Snapshot-17352956.php | true | 601 |
Your browser does not have Javascript enabled and this site requires Javascript. Please enable Javascript in order to browse. | https://www.goodmorningamerica.com/culture/story/lady-postpones-request-line-tour-support-charles-kelleys-87936440 | 2022-08-05T00:01:23Z | https://www.goodmorningamerica.com/culture/story/lady-postpones-request-line-tour-support-charles-kelleys-87936440 | true | null |
WASHINGTON (Nexstar) — Democrats say they’re on the brink of passing groundbreaking legislation that will make huge investments in green energy and domestic energy production.
They say it will help lower energy bills for American families. But to do it, they need to lock in the vote of Democrat Kirsten Sinema.
“We’re going to invest $369 billion to address the climate crisis,” President Biden said.
“Senate Democrats are delivering on historic climate change legislation, we’re delivering on lower prices on prescription drugs, we’re delivering on tax fairness,” added Senator Chuck Schumer (D-N.Y.).
Republicans like South Dakota Senator John Thune are highly critical of the package.
“I’m not really sure why the federal government is going to be spending money on electric garbage trucks or how that’s going to reduce inflation,” he said.
But Democrats say fighting climate change is worth the investment.
“This bill will cut our carbon emissions by 40% in just eight years,” said Senator Elizabeth Warren (D-Calif.).
Those greenhouse gases warm the planet and make natural disasters like droughts, wildfires and hurricanes worse.
“The Inflation Reduction Act will help us avoid the cost both in dollars and in lives,” Warren said.
The congressional budget office estimates the bill will pay for itself and reduce the deficit. But Texas Senator John Cornyn has a problem with how the legislation is being presented.
The first thing is it’s misnamed, it’s not an Inflation Reduction Act, at best it stays constant,” he said.
President Biden said Thursday that savings will be passed on to Americans by bringing down energy costs The legislation also is expected to create good-paying jobs in the green energy sector. | https://www.siouxlandproud.com/washington/washington-dc/democrats-attempting-to-pass-historic-climate-change-legislation/ | 2022-08-05T00:01:54Z | https://www.siouxlandproud.com/washington/washington-dc/democrats-attempting-to-pass-historic-climate-change-legislation/ | false | 21 |
Almanac predicts snow from October to March & wintertime lows of -40 for Iowa
DES MOINES — As we survive the steamy, hot summer, some Iowans may find solace in pondering the cooler weather of the inevitable change in seasons, but the new edition of the Farmers’ Almanac predicts anything but a mild winter ahead.
Editor Peter Geiger says the winter forecast map carries just five words floating over Iowa and the Midwest: “Hibernation Zone, Glacial, Snow-Filled.” Geiger says the publication is calling for an exceptionally snowy, extremely cold winter for 2022-’23.
“When we look at the predictions, we talk about some snow in late October, but then we talk about it being heavy snow on Thanksgiving. We talk about significant snow after that. We talk about heavy snow on the 1st, 4th and 7th of December,” Geiger says. “It’s going to be one of those unrelenting kind of winters where you dream about how nice it is when it’s hot in the summer.”
While parts of Iowa have seen triple-digit heat indices multiple times this summer, Geiger says the winter before us will prove to be equally extreme.
“What really scares me about the winter is the cold,” Geiger says. “So we talk about this sharp cold, maybe as low as minus-40. I don’t think it’s going to be minus-40 in Iowa, but within the region, you’re going to see some really cold temperatures almost from the middle of January through the early part of February, and then some snow even in March.”
The new edition of the almanac is due on store shelves August 15th and Geiger says it will include tips for coping with the predicted high cost to heat our homes during the frigid months.
“For example, you can use bubble wrap. If you spray a window with water and then put bubble wrap on, it insulates the window for the winter,” Geiger says. “I mean, it’s very simple, very inexpensive but it’s very possible.”
Founded in 1818, the Lewiston, Maine-based almanac boasts a forecast accuracy rate of 75-to-85-percent which Geiger says is derived from a formula developed more than two centuries ago.
“It’s based upon sunspot activity, planet positions, the effect the moon has on the earth, and we actually have a page in this year’s almanac that talks a little bit about how we go about doing it,” Geiger says. “When we say it’s going to be minus-40 degrees, I think it’s an indication of how potentially cold it could be, as opposed to the fact that you can count on minus-40.”
In addition to weather predictions, the Farmers’ Almanac contains all sorts of information on gardening, cooking, home remedies, folklore, managing your household, living in harmony with nature, and more. | https://www.kglonews.com/almanac-predicts-snow-from-october-to-march-wintertime-lows-of-40-for-iowa/ | 2022-08-05T00:06:24Z | https://www.kglonews.com/almanac-predicts-snow-from-october-to-march-wintertime-lows-of-40-for-iowa/ | true | 3 |
SCOTTSDALE, Ariz. (AP) _ Viad Corp. (VVI) on Thursday reported earnings of $19.8 million in its second quarter.
On a per-share basis, the Scottsdale, Arizona-based company said it had net income of 64 cents. Earnings, adjusted for one-time gains and costs, were 74 cents per share.
The trade show company posted revenue of $319.2 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VVI at https://www.zacks.com/ap/VVI | https://www.ctpost.com/business/article/Viad-Q2-Earnings-Snapshot-17352905.php | 2022-08-05T00:07:17Z | https://www.ctpost.com/business/article/Viad-Q2-Earnings-Snapshot-17352905.php | true | null |
AUSTIN, Texas (AP) _ Resideo Technologies Inc. (REZI) on Thursday reported second-quarter profit of $94 million.
The Austin, Texas-based company said it had profit of 63 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The residential comfort and security systems maker posted revenue of $1.69 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.67 billion.
For the current quarter ending in October, Resideo Technologies said it expects revenue in the range of $1.67 billion to $1.72 billion.
The company expects full-year revenue in the range of $6.45 billion to $6.65 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 REZI at https://www.zacks.com/ap/REZI | https://www.lmtonline.com/business/article/Resideo-Technologies-Q2-Earnings-Snapshot-17352879.php | 2022-08-05T00:13:57Z | https://www.lmtonline.com/business/article/Resideo-Technologies-Q2-Earnings-Snapshot-17352879.php | false | null |
As part of efforts to enhance transparency and deal with corruption, the government has said it would continue to implement various commitments made by Ghana at the UK Anti-corruption Summit in 2016.
According to President Nana Addo Dankwa Akufo-Addo, the implementation of these commitments was in line with the Ghana National Anti-Corruption Action Plan (G-NACAP) that included, establishing Beneficial Ownership Central Registry, fair, accountable and transparent public procurement structure.
He said the government remained committed to the Open Government Partnership (OGP) Initiative, not to just 'tick the box,' but because it has found the initiative highly beneficial, saying, "we are therefore poised to rise to the current demands of OGP, no matter how challenging they may be."
The President said these in a speech read on his behalf by Godfred Yeboah Dame, the Attorney-General and Minister of Justice, during a conference on Beneficial Ownership Disclosure in Ghana, yesterday, in Accra.
It was on the theme "taking stock of progress made and challenges to government's efforts at reducing corruption and improving domestic revenue mobilisation."
Ghana the Beneficial Ownership (BO) Disclosure as a tool to combat illicit financial flows, particularly in high risk sectors such as extractive industries has existed in the banking sector since the country's commitment to fight money laundering and terrorist financing in 2006.
However, in 2016, Ghana made high level on BO disclosures at both international and domestic platforms.
Therefore, the objective of the conference was to review the progress made by Ghana in its BO implementation, identify key challenges with implementation, recommend ways of tackling challenges.
President Akufo-Addo said he was aware that the BO register was successfully established in 2020, and the data currently being compiled for disclosure by the Office of the Registrar of Companies and all other stakeholders for making this possible.
He said: "On our part as a government, we will continue to support all institutions to play their roles very well. It is in this spirit of support for transformation that my government has restructured the Registrar-General's Department into the Office of the Registrar of Companies in line with best practices and to make it more effective and focused."
The President said given the way the world was changing in terms of external financing architecture, amidst the global impact of COVID-19 and the Russian-Ukrainian crisis, it was becoming abundantly clear for countries around the globe, including Ghana, to find innovative ways to increase domestic revenue mobilisation to deal with the economic challenges.
"One of the ways this can be done is for all of us as a people (government, civil society, and corporate bodies) to fully embrace BO disclosure," he said.
Mr Osafo Maafo, Senior Presidential Adviser, said the Open Government Partnership was a global initiative that brought government leaders and civil society advocates together to promote transparency, empowerment of citizens, fight against corruption and encouragement of use of new technologies to improve governance.
He said in September 2011, Ghana signed onto the OGP at its formal launch in Washington, as the principles and values of OGP were also enshrined in the 1992 Constitution and statutes of our country.
Mr Maafo said the membership has grown from eight to 78 national level membership, and one 106 local authorities, including Sekondi-Takoradi Metropolitan Assembly, Ketu South, Tarkwa-Nsuaem, Wassa Amenfi East Municipal Assemblies and Anloga District.
He said 10 out of the 78 countries were from Africa, including Ghana, Nigeria, Burkina-Faso, Liberia, Sierra Leone, Kenya, Malawi, South Africa, Tunisia and Tanzania. | https://allafrica.com/stories/202208040201.html | 2022-08-05T00:15:37Z | https://allafrica.com/stories/202208040201.html | true | 1 |
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