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 |
|---|---|---|---|---|---|
ATLANTA (AP) — Georgia GOP Gov. Brian Kemp unfurled the first major policy proposals of his reelection bid Thursday, pledging to spend $2 billion on another state income tax rebate and revival of a long-dormant state property tax break while contending with Democratic challenger Stacey Abrams over who’s best for the state’s economy.
After Abrams argued this week that “miserly” Republicans are denying basic services and ignoring inequities in pursuit of low spending and tax cuts for the rich, Kemp renewed criticism of Abrams, again trying to tie her to the unpopularity of Democratic President Joe Biden.
“Abrams plans to spend more, tax more, regulate more,” Kemp said Thursday, “all while driving inflation higher and putting countless livelihoods at risk, just like her pal in the White House.”
Abrams already called for another round of income tax rebates. She’s also called on Kemp to suspend the gas tax through the end of 2022, and has pledged to not try to roll back the income tax cut, even though she criticizes benefits to the wealthy.
“While Brian Kemp is following Stacey Abrams’ lead in calling for tax rebates, he’s still pushing an extreme and dangerous agenda that threatens Georgia families and puts our economy at risk,” said Abrams spokesperson Alex Floyd, citing restrictive abortion laws and loose gun laws.
Kemp is sticking to the script Georgia Republicans have followed in 20 years in power. He said Thursday that if voters reelect him, he will seek a second round of income tax rebates like the $1.1 billion in payments issued this year, according to a Kemp campaign official with knowledge of plans who spoke on condition of anonymity. This year’s payments gave dual-earner households $500, single adults with dependents $375, and single adults $250.
The governor also will seek to revive a property tax break that succumbed in 2009 amid the state budget crisis caused by the Great Recession, the official said in previewing Kemp’s announcement. That tax break, first created by Democrat Roy Barnes in 1999, cost the state $428 million in 2008, saving homeowners $200 to $300 on tax bills. Kemp wants to go bigger, spending a billion to save what he says will be about $500 a year for taxpayers with homestead exemptions.
With property values rising, most taxpayers will see higher property tax bills this year because local governments and school districts did not reduce tax rates enough to hold tax bills level.
“For young Georgians just getting settled into their first home or parents who are sending their kids off to college, unforeseen jumps in property values and local tax bills over the last year only add to concerns of an uncertain economic future,” Kemp said.
Kemp can hand out cash because Georgia’s coffers are fat. The state ran a roughly $5 billion surplus in the year ended June 30, with more than $2 billion in surplus still banked from the year before.
The governor has also repeatedly renewed a gas tax break over five months. His administration plans to draw from the surplus to channel money to roadbuilding in place of what’s already $750 million in foregone fuel taxes. Kemp also signed a state income tax cut that begins in 2024 and could eventually reduce taxes by more than $2 billion.
Kemp accuses Abrams of backing his policies only because they’re popular.
“She criticized all those things before she came out and is now supporting them,” Kemp told reporters Wednesday.
Abrams slammed the property tax break in a speech Tuesday, calling it “paying off the property taxes of mansion owners and millionaires.” The Census Bureau says 66% of Georgians own homes, but Abrams focuses on housing affordability and the Kemp administration’s stuttering payout of federal COVID-19 relief to renters.
Abrams argues many, especially in rural Georgia, are missing out. She notes Georgia’s income rankings have fallen during two decades of Republican rule.
“Most Georgia families are doing everything right,” Abrams said Tuesday, arguing for more state investment in education and health care to boost everyone. “They work full-time jobs. They’re putting a little away when they can despite rising prices. Yet middle class families are struggling.”
Kemp used the power of incumbency to stomp Republican challenger David Perdue, delivering benefits and legislative accomplishments before the May primary. But he would have to wait until after any reelection for legislative approval of his new plans, barring an election-season special session. He was flanked Thursday by House Speaker David Ralston and Republican lieutenant governor candidate Burt Jones in support of his plans.
The governor would be building off Georgia’s record $21.2 billion in state-incentivized business investments last year, with companies committing to create 51,000 jobs. Georgia also has a record-low unemployment rate.
Kemp argues only Democrats are to blame for economic instability, saying Abrams deserves blame for helping get Biden elected.
“Hardworking Georgians are now faced with a Democrat-controlled Washington D.C. that is hellbent on driving 40-year high inflation even higher, and doing everything they can to make your life harder,” Kemp said. “The pain Georgians are feeling at the pump, and at the grocery store, is a direct result of these tax and spend policies pushed by Joe Biden and Stacey Abrams.”
___
Follow Jeff Amy at http://twitter.com/jeffamy. | https://wgno.com/news/politics/georgias-kemp-seeks-tax-breaks-rebutting-abrams-on-economy/ | 2022-08-11T21:08:14Z | https://wgno.com/news/politics/georgias-kemp-seeks-tax-breaks-rebutting-abrams-on-economy/ | false | 30 |
Today, Deadline revealed that Bodies Bodies Bodies star Maria Bakalova has been tapped for not one, but two new projects. The actress has officially signed on to join the cast of Andrew Durham’s Fairyland as well as the Jerry Seinfeld helmed feature, Unfrosted: The Pop-Tart Story.
Durham will make his feature-length directorial debut with Fairyland, which is pulling its plot from Alysia Abbott’s book Fairyland: A Memoir of My Father. The book explores what it meant to live in the days leading up to, during, and after the worst of the AIDS epidemic in San Francisco during the 1970s and 1980s. The story centers around Abbott’s father’s experience living during such a heartbreaking and terrifying chapter in American history, and will see Steve Abbott wrestling with the disease himself before the celebrated poet and activist lost his own life due to AIDS related complications. While we don’t know who Bakalova will portray in the production, she adds her name to a previously announced call sheet that includes the likes of Emilia Jones, Scoot McNairy, Geena Davis, Cody Fern, Adam Lambert, Bella Murphy, and Nessa Dougherty. Sophia and Roman Coppola’s American Zoetrope will produce.
As for Unfrosted: The Pop-Tart Story, Seinfeld teamed up with Spike Feresten, Andy Robin, and Barry Marder to write the breakfast centered feature for Netflix. Dropping audiences into a 1963 Michigan, the feature will tell the story of how the morning (or anytime) pastry came to be, with Kellogg’s and Post facing off to lay claim to the world of at-home breakfast delicacies. Seinfeld will also star in the feature which includes a loaded ensemble boasting a lineup of big names such as Melissa McCarthy, Jim Gaffigan, Amy Schumer, Hugh Grant, James Marsden, Jack McBrayer, Tom Lennon, Adrian Martinez, Bobby Moynihan, Max Greenfield, Christian Slater, and Sarah Cooper. Like Fairyland, it’s unclear as to what role Bakalova will be stepping into for Unfrosted, though, at this time, it sounds like she’ll have a small cameo appearance.
Bakalova saw her career shoot to the moon after appearing in Borat Subsequent Moviefilm, where she starred alongside Sacha Baron Cohen as the titular character’s teenage daughter. The role would land her an Academy Award nomination and lead to her casting in A24 and Halina Reijn’s Bodies Bodies Bodies, which is currently in theaters. Next up, Bakalova will be seen in the third installment of James Gunn’s Guardians of the Galaxy franchise as Cosmo the Spacedog and will also both star in and produce Prime Video and Grindstone’s The Honeymoon.
At this time, no release date for either production has been announced, but stay tuned to Collider for more information as it becomes available. You can check out a Collider interview with Bakalova below. | https://collider.com/maria-bakalova-cast-fairyland-unfrosted-sofia-coppola-jerry-seinfeld/ | 2022-08-11T21:08:45Z | https://collider.com/maria-bakalova-cast-fairyland-unfrosted-sofia-coppola-jerry-seinfeld/ | false | 1 |
A new 3D, animated, interactive NFT game lets fans adopt a metaverse best friend
SAN FRANCISCO, Aug. 11, 2022 /PRNewswire/ -- Krikey, a gaming studio with more than 5 million users, announced the launch of SolarPups on the Flow blockchain today. Krikey is also a part of the T-Mobile XR Accelerator. SolarPups is a 3D, animated, interactive NFT game where fans can adopt, play, breed, collect and sell NFT puppies. The NFTs are available today at www.solarpups.com. The playtime and breeding features will launch August 22nd.
The SolarPups game is a great experience for those new to web3. "Inspired by CryptoKitties and virtual pet games of our childhood, this game innovates on the future of play," said Ketaki Shriram, Chief Technology Officer at Krikey. By building on next-generation blockchain Flow–home to industry-leading NFT properties like NBA Top Shot–Krikey is giving SolarPups the right foundation for consumer-scale growth and adoption.
"T-Mobile is always seeking to push the boundaries of 5G and expand adoption of 5G networks," said John Saw, Executive Vice President, Advanced & Emerging Technologies at T-Mobile. "We are excited to support the SolarPups team as one of our current Accelerator cohort companies, working together with Qualcomm's Snapdragon Spaces platform to power the next wave of 5G innovation."
In the first NFT mint, fans can adopt from a group of 1,500 NFT Shiba Inu puppies featuring unique traits including a hawaiian shirt, christmas sweater, sunglasses, tiaras, crowns and more!
"I couldn't be more excited to see CryptoKitties inspiring new generations of NFT-based games and entertainment," said Dete Shirley, CryptoKitties Co-founder and CTO at Dapper Labs. "The 3D, interactive elements of SolarPups will offer players interesting new game dimensions to explore–all made possible by building on Flow."
SolarPups NFTs are available at www.solarpups.com.
Krikey is the company behind SolarPups. They have partnered with Snapchat, T-Mobile, Google Maps, The Ellen DeGeneres Wildlife Foundation, Sony Pictures Entertainment and the National Audubon Society, building custom AR games for each brand partner and reaching 5M+ users. The Krikey app is ranked in the Top 25 Social Apps on the Google Play Store in India. Krikey was named to the Fast Company list of Best Apps and Games of 2020. For more information, please visit www.krikey.com and www.solarpups.com.
Flow is the blockchain designed to be the foundation of Web3 and the open metaverse, supporting consumer-scale decentralized applications, NFTs, DeFi, DAOs, and more. Powered by Cadence, an original programming language built specifically for digital assets, Flow empowers developers to innovate and push the limits that will bring the next billion to Web3. Created by a team that has consistently delivered industry-leading consumer-scale Web3 experiences including CryptoKitties, Dapper, and NBA Top Shot, Flow is an open, decentralized platform with a thriving ecosystem of creators from top brands, development studios, venture-backed startups, crypto leaders, and more. For more information, visit www.flow.com.
View original content to download multimedia:
SOURCE Krikey, Inc | https://www.wifr.com/prnewswire/2022/08/11/t-mobile-accelerator-startup-krikey-brings-puppies-flow-blockchain/ | 2022-08-11T21:10:25Z | https://www.wifr.com/prnewswire/2022/08/11/t-mobile-accelerator-startup-krikey-brings-puppies-flow-blockchain/ | false | 11 |
CALGARY, AB, Aug. 11, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a 33% increase to our quarterly cash dividend to $0.08 CDN per share, payable on October 17, 2022 to all shareholders of record on September 30, 2022. The ex-dividend date for this payment is September 29, 2022. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in North America, Europe and Australia. Our business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia.
Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings. We have been recognized by leading ESG rating agencies for our transparency on and management of key environmental, social and governance issues. In addition, we emphasize strategic community investment in each of our operating areas.
Employees and directors hold approximately 4% of our outstanding shares and are committed to delivering long-term value for all stakeholders. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.
View original content to download multimedia:
SOURCE Vermilion Energy Inc. | https://www.wifr.com/prnewswire/2022/08/11/vermilion-energy-announces-33-increase-quarterly-dividend/ | 2022-08-11T21:10:52Z | https://www.wifr.com/prnewswire/2022/08/11/vermilion-energy-announces-33-increase-quarterly-dividend/ | true | 12 |
, Aug. 11, 2022 /PRNewswire/ -- The greatest risk after an earthquake is not knowing if your house is safe to enter again. Millions of homes and structures are constantly exposed to small and large trembles year after year. A California-based technology company, Seismocon Systems Inc., has been awarded a patent for a system that uses AI to monitor and analyze your home so that you can stay up to date on the safety of your family.
The Seismocon system delivers an answer to your safety questions within minutes after an earthquake. The U.S. Geological Survey [USGS] reports that "each year the Southern California area has about 10,000 earthquakes. Most of them are so small that they are not felt". USGS also reports "If there is a large earthquake, however, the aftershock sequence will produce many more earthquakes of all magnitudes for many months."
Seismocon CEO Mike Sjoblom says, "We have been working behind the scenes for the past eight years. Now we can finally show the world what we've got."
A top priority after a natural disaster is to get people back into their homes and workplaces safely. The Seismocon system only takes minutes to determine any risk levels for entering a structure, compared to the weeks or months it takes to have the structure inspected by engineers. A Seismocon user receives an alert moments after an earthquake happens with the results of an analysis of their house, based on actual values from the Seismocon sensor unit that records and processes the building's data, which is run through a proprietary AI analytic system.
"Inspections by engineers are still important, but now they have a tool that enables them to really understand what happened to the structure," Sjoblom says. Buildings that are safe after an earthquake can quickly be cleared using real data from the structures and actual data from the earthquake, rather than the current use of estimations.
Seismocon has been likened to a "black box" that records details and analyzes an event.
The accuracy of the risk assessment algorithms is guaranteed by one of the largest earthquake institutes in the world, Global Earthquake Model [GEM]. They were contracted to build the Seismocon analyzing system.
Contact: Mike Sjoblom
707-363-6035
mike@seismocon.com
www.seismocon.com
https://www.usgs.gov/programs/earthquake-hazards/cool-earthquake-facts
https://www.usgs.gov/news/featured-story/nearly-half-americans-exposed-potentially-damaging-earthquakes
View original content:
SOURCE Seismocon Systems, Inc. | https://www.wrdw.com/prnewswire/2022/08/11/patent-approved-post-earthquake-warning-system/ | 2022-08-11T21:16:02Z | https://www.wrdw.com/prnewswire/2022/08/11/patent-approved-post-earthquake-warning-system/ | false | 11 |
NEW YORK (AP) — The family of the late Shirley Jackson has authorized a novel inspired by her classic “The Haunting of Hill House.” Elizabeth Hand’s “A Haunting on the Hill” is scheduled to come out in fall 2023.
It’s the first time Jackson’s estate has approved an original narrative based on the author’s work.
“In conversations with Liz we have become convinced that she will continue our mother’s work in a style and form compatible with Shirley’s,” Jackson’s son Laurence Jackson Hyman said in a statement released Thursday through Hand’s publisher, Mulholland Books. “We believe that this initial collaboration with Liz Hand will further enhance the burgeoning literary legacy of Shirley Jackson, and help to continue her literary presence and influence well into the 21st Century.”
The literary standing of Jackson, who died in 1965 at age 48, has risen sharply over the past decade, with the author widely praised as a master of suspense, horror and psychological insight. Many of her books have been reissued, including some in bound volumes from the Library of America, and her family has overseen the posthumous release of unpublished stories and letters.
In 2007, the family approved the establishment of the Shirley Jackson Awards for “outstanding achievement in the literature of horror, the dark fantastic, and psychological suspense.” The inaugural winner for best novel was “Generation Loss,” by Hand, who has since received two more Jackson awards, along with four World Fantasy Awards and two Nebulas.
“The Haunting of Hill House,” published in 1959 and later adapted for film, theater and Netflix, is a Gothic horror novel set in a remote mansion visited by four characters, including an explorer of the supernatural. According to Mulholland, an imprint of Little, Brown and Company, Hand’s book will center on a theater troupe that uses Hill House to rehearse a modernist staging of the 17th century play “The Witch of Edmonton.”
“I started reading Shirley Jackson’s work when I was 9 years old and have never stopped returning to it,” Hand, 65, said in a statement. “Her mordant wit and insight into the darkest chambers of the human heart shaped me, first as a reader and then as a writer. I am thrilled and honored beyond measure to have this opportunity to revisit Hill House, and I hope that others who love Jackson’s work as much as I do will accompany me on that journey.” | https://www.kxan.com/entertainment-news/novel-inspired-by-shirley-jackson-classic-expected-in-2023/ | 2022-08-11T21:16:14Z | https://www.kxan.com/entertainment-news/novel-inspired-by-shirley-jackson-classic-expected-in-2023/ | true | 43 |
It's 1943, and Carson Shaw is running as fast as she can.
Specifically, she's running to catch a train that will take her to Chicago for the tryouts of the All-American Girls Professional Baseball League, meant to fill a gap in baseball created when men who played professionally went off to war. This is how we begin the new Amazon series A League Of Their Own. Carson is played by Abbi Jacobson, late of Broad City, who co-created the series with Will Graham, a writer who's worked on projects as varied as Onion SportsDome and Mozart In The Jungle. It's a loving descendant of the 1992 film of the same name, as well as an ambitious effort to address its conspicuous gaps.
While this is the same baseball league as in the film (which existed in real life from 1943 to 1954), and the team is still the Rockford Peaches (can't give up those iconic pink-and-red uniforms), this is a separate story. Characters don't map directly from one version to the other. Where there were sisters Dottie and Kit (Geena Davis and Lori Petty), their hard-drinking coach Jimmy (Tom Hanks) and teammates like Mae and Doris (Madonna and Rosie O'Donnell), there's a wholly new set of characters here. Two sets, actually.
Carson is married and her husband is deployed, leaving her free to pursue baseball — at least for the time being — when she lands a spot with the Peaches. Their manager is a former player named Dove (Nick Offerman), and while there are superficial similarities between him and Jimmy Dugan (Offerman could have played the heck out of Jimmy had that been the direction they went), the character is used differently. His arc has the effect of keeping more of the focus on the team's women — and, perhaps, facing more straightforwardly the dismissive attitude the men in the league have toward the women who are playing. (Men in the world of baseball are, in general, reduced in prominence in this version.) With less of the manager than in the movie, there is more of the team's chaperone, played with sneaky kindness by Dale Dickey as an enforcer whose strictness exists alongside respect for the Peaches and what they're trying to do.
The series also tells the story, in parallel to the Peaches, of Max (Chanté Adams). She's a gifted Black pitcher local to Rockford who can't join the team, because the AAGPBL doesn't accept Black players. So Max, with the help and support of her best friend Clance (the positively sparkling Gbemisola Ikumelo), has to figure out where baseball fits into her life when the Peaches do not represent a world of possibility but another closed door. Her best opportunity seems to be a company team in Rockford — but it's also hostile to her, because it's a team of men representing a company of men.
Striking this balance — in which the AAGPBL is legitimately a life-changing opportunity for some women and a mechanism of racist exclusion for others — is not easy, even though the dynamic is very common in schools and workplaces and other organizations. The obvious cheat would be to have the Peaches magically integrated, but that would be a fantasy that is (fortunately) not pursued. Instead, the show sits with this tension and, at least in this season, doesn't particularly try to resolve it. It tells Max's and Carson's stories next to each other, with only occasional overlap.
It's not only on questions of race, though, that the series presses ideas that the film didn't; this is a story about women's sports that acknowledges queer women, women with varied gender expression, trans people, and the fact that policing of femininity often includes the risk of violence, both state-sanctioned and not. This doesn't come in the form of a single queer storyline, but in the stories of a lot of these women, who have different attitudes about sexuality and gender, and who make different choices about it. Moreover, they face different consequences that depend on their ability and willingness to maintain a precarious proximity to a narrow straight-white-pretty-thin-"feminine" ideal. It's less an attempt to explain that queer life in the 1940s for women was this, and more an exploration of the idea that it could be like this, or it could be like this, or it could be like this, depending on your circumstances and, to a degree, your choices.
The teammate Carson sparks to the most is a woman named Greta (D'Arcy Carden), who's come to tryouts with Jo (Melanie Field), the best friend to whom she's deeply devoted. Greta is beautiful and glamorous and has seemingly unbounded confidence as they embark on this adventure, where Carson finds her excitement tempered by nervousness. As she gets to know her teammates — Lupe (Roberta Colindrez), Jess (Kelly McCormack), Shirley (Kate Berlant) and more — Carson starts to settle in and find herself, as it were, as a different person from the Idaho wife she has been in the past. And when Greta treats her to a haircut, the energy between them is a surprise to Carson, perhaps a little bit less of a surprise to Greta.
There was much reason for skepticism about this adaptation. Attempts to take a property from the '90s and make it feel relevant — even a period piece — can feel tired or, worse, tiresome. Stick too close to the original and it feels like there's no reason to do it at all; stray too far and it feels like you should have just written an entirely new story instead. But what Jacobson and Graham are doing here is keeping the spine of the piece (the baseball), the aesthetic of it (the big-band feel of the early 1940s), and some of the emotional notes — about self-discovery, sacrifice, bonding with teammates, learning what you can accomplish that you didn't necessarily know you could, and loving people deeply. They then apply those notes to a broader set of characters and experiences, while adding more straightforwardly painful moments that make this lean more toward comedy-drama and less toward sports comedy than the film.
At the same time, there is a loyalty to the original that gives its fans a series of tips of the cap, including a small but lovely role for original cast member O'Donnell. Her character (whom you should encounter yourself in due time) seems intentionally created to acknowledge history, to thank the people who came before you, and to acknowledge who Doris was and was not allowed to be in 1992.
It's fair to note that there are beloved elements of the film that are muted in the show, particularly the baseball itself. It's still there, but the high-energy baseball montages full of slides and great catches and big moments do feel less prominent, as do the powerful joys of sequences like Mae dancing at the roadhouse. The shift toward players' personal stories is palpable, and a lot of those stories are suffused with difficulty, so the tone is less buoyant (and the themes more adult) on the whole.
Fortunately for all these personal stories, the performances are excellent. Adams is marvelously winning; she and Ikumelo build a stellar portrait of friendship between two women with very different ideas of what happiness will look like (both of which are respected as valid and worthy of support). Saidah Arrika Ekulona and Alex Désert as Max's parents, Toni and Edgar, have the difficult task of putting heart into a story that could make them — her, particularly — look cruel. It's partly in Ekulona's delicate performance that the context of Toni's unkindnesses, which she believes are entirely for Max's own good, becomes clearer.
The supporting Peaches — especially McCormack and Colindrez — use their screen time economically to establish specificity in these characters beyond being, well, supporting Peaches. D'Arcy Carden, who a lot of TV audiences will mostly know as Janet ("not a robot" but ... kind of a robot) on The Good Place, is warm and bold and quite dreamy in this role — deeply human, in fact. And Jacobson, certainly capable of excelling as a wacky comedy lead, offers a controlled central performance that anchors her part of the story but recognizes that Carson is fortunate and secure in her life compared to a lot of the women she's interacting with, and her attention to her own hurts has to be tempered by that knowledge. A show with its center of gravity on her struggles would not have worked.
There's a little more crying in baseball here than there was in 1992. The movie's comedic exploration of the ruthless judging of "tomboys" is expanded to incorporate the understanding that there were serious and perilous consequences that went along with that. And by making it a story of women in baseball and not just the Peaches, the series avoids the trap of confusing the history of an exclusionary institution for the history of an entire sport. It recognizes that it's not only possible, but quite common, to experience both discrimination and privilege within the same realm. It may not be precisely what fans of the film expect, but it stands on its own as a story about finding avenues of freedom within worlds that remain disappointingly limiting.
Amazon is among NPR's financial supporters and also distributes certain NPR content.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.boisestatepublicradio.org/2022-08-11/new-peaches-new-problems-a-league-of-their-own-makes-a-successful-move-to-tv | 2022-08-11T21:19:34Z | https://www.boisestatepublicradio.org/2022-08-11/new-peaches-new-problems-a-league-of-their-own-makes-a-successful-move-to-tv | false | 14 |
Venezuelan delegation protests grounding of plane in Argentina
New feature: Check out news exactly for YOU ➡️ find “Recommended for you” block and enjoy!
An official Venezuelan delegation, including the transport minister, protested Thursday outside Argentina's embassy in Caracas against the grounding of a plane and its crew in Buenos Aires since June.
The Boeing 747 cargo plane, owned by Venezuelan company Emtrasur, has been held in Argentina since it arrived on June 8 from Mexico with a shipment of auto parts, after having tried unsuccessfully to enter Uruguay.
Minister Ramon Velasquez and pro-government lawmakers visited the embassy Thursday to protest, as a few dozen workers of state airline Conviasa gathered outside chanting: "Return the plane and crew!"
Conviasa, which controls Emtrasur, is the target of US sanctions.
Velasquez's delegation handed a document to ambassador Oscar Laborde.
"We gave the ambassador some communications so that the authorities, the counterparts in Argentina, can sit down and talk about the situation, find the best alternative and the best solution to this problem," Velasquez said afterwards.
PAY ATTENTION: Enjoy reading our stories? Join YEN.com.gh's Telegram channel for more!
"We hope that the truth prevails, that the Argentine justice system reacts, that it does not take this situation plagued by illegality to new levels," he said.
'Espionage and terrorism'
The Boeing first entered Argentina on June 6 with a load of auto parts from Mexico.
Unable to refuel in Buenos Aires due to the sanctions, the plane left for Montevideo on June 8. But the Uruguayan authorities refused it access, and it flew back to Argentina.
A judge ordered the plane be detained in light of an investigation into the crew of 14 Venezuelans and five Iranians.
Last week, a judge gave the green light for 12 of the crew members to leave Argentina -- minus four Iranians and three Venezuelans. That decision is now being appealed.
Velasquez said the crew members were being investigated for "espionage and terrorism."
"They have not yet been called to testify, their right to a defense is being violated," he charged.
The Paraguayan intelligence service has linked one of the Iranian crew members to the Al Quds Force, a group of the Iranian Revolutionary Guards classified as a terrorist organization by the United States.
But Velasquez said the intelligence report was "biased."
The United States has asked Argentina to seize the plane, claiming laws were broken when it was sold by Iran to Venezuela -- both countries under US sanctions.
Last week, Venezuelan President Nicolas Maduro protested the US request, which he said amounted to an attempt to "steal" the plane, and asked Argentina for backing.
The United States' entry into the fray has also given rise to street demonstrations in Venezuela.
On Wednesday, Venezuelan lawmaker Pedro Carreno urged Argentina's President Alberto Fernandez to "show if he is a puppet of the empire, if he is a puppet of imperialism or if he really governs that country."
Argentine presidency spokeswoman Gabriela Cerruti said at her weekly briefing Thursday that the outburst "does not imply a diplomatic incident."
New feature: Check out news exactly for YOU ➡️ find "Recommended for you" block and enjoy!
Source: AFP | https://yen.com.gh/world/213467-venezuelan-delegation-protests-grounding-plane-argentina/ | 2022-08-11T21:22:54Z | https://yen.com.gh/world/213467-venezuelan-delegation-protests-grounding-plane-argentina/ | true | 7 |
HOUSTON, Aug. 11, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announces operational and financial results for the three months ended June 30, 2022 and declares a quarterly cash dividend of $0.24 per common share.
Q2 2022 Financial Highlights
- Net earnings of $2.5 million, or $0.56 per diluted common share, on revenues of $992.1 million for the second quarter of 2022, compared to net earnings of $4.7 million, or $1.10 per diluted common share, on revenues of $486.7 million for the second quarter of 2021.
- Net cash used in operating activities was $30.1 million, versus net cash generated by operating activities of $29.1 million for the second quarter of 2021. The decrease was primarily driven by an increase in the market price of crude oil and an increase in crude oil inventory and changes in working capital.
- Adjusted net earnings of $3.1 million, or $0.69 per diluted common share, compared to adjusted net earnings of $1.9 million, or $0.44 per diluted common share, for the second quarter of 2021.
- Adjusted cash flow of $9.0 million versus $7.4 million for the second quarter of 2021.
Adjusted net earnings (losses), adjusted earnings (losses) per diluted common share and adjusted cash flow are non-generally accepted accounting principle ("non-GAAP") financial measures that are defined and reconciled in the financial tables later in this release.
Additional Q2 2022 Highlights
- Cash and cash equivalents position was $67.7 million at June 30, 2022, versus $97.8 million at December 31, 2021, primarily due to an increase in crude oil inventory barrels, due in part to timing of customer deliveries, together with an increase in crude oil prices.
- Enhanced financial liquidity of $102.0 million at June 30, 2022, including cash and cash equivalents and $34.3 million available under the Company's $40.0 million Credit Agreement.
- Adam's crude oil marketing subsidiary, GulfMark Energy, Inc. ("GulfMark"), marketed 94,876 barrels per day ("bpd") of crude oil, compared to 89,585 bpd during the second quarter of 2021 and 90,385 bpd during the first quarter of 2022. GulfMark held 573,036 barrels of crude oil inventory at June 30, 2022, compared to 259,489 barrels at December 31, 2021.
- The collective fleet of Service Transport Company ("Service Transport"), Adams' liquid chemicals, pressurized gases, asphalt and dry bulk transportation subsidiary, traveled 6.86 million miles versus 7.25 million miles during the second quarter of 2021 and 6.80 million miles during the first quarter of 2022.
- Adams' crude oil pipeline and storage segment, which was established following the purchase of the Victoria Express Pipeline System ("VEX Pipeline System") in October 2020, further expanded its scope of operations. Pipeline throughput increased to 13,281 bpd from 7,876 bpd for the second quarter of 2021 and 10,486 bpd for the first quarter of 2022, and terminalling volumes grew to 13,704 bpd from 8,106 bpd in the second quarter of 2021 and 10,948 bpd for the first quarter of 2022.
Kevin J. Roycraft, Adams' Chief Executive Officer, said, "We are delighted to report continued momentum through the second quarter, resulting in a strong first half of 2022 both operationally and financially. All three of our segments made important progress on their strategic initiatives designed to sustain profitability and grow their respective businesses for the long-term benefit of our shareholders. I want to thank all of our team members for their steadfast dedication to providing our customers with a safe, efficient and best-in-class service offering."
Capital Investments and Dividends
During the second quarter of 2022, the Company spent capital of $1.1 million for tractors, trailers and other field equipment. In addition, Adams paid dividends of $1.1 million, or $0.24 per common share.
As part of Adams' on-going capital allocation strategy, the Board of Directors has declared a quarterly cash dividend for the second quarter of 2022 of $0.24 per common share, payable on September 23, 2022, to shareholders of record as of September 9, 2022. Adams' has consistently paid a dividend since 1994.
Outlook
Mr. Roycraft concluded, "We look forward to further executing our strategic plan to drive increased efficiencies across the entire organization. We continue to have a strong financial position, which includes a liquidity position of more than $102 million at the end of this year's second quarter. As in the past, we will continue to leverage our significant operational expertise and financial flexibility to execute on opportunities designed to prudently grow our business. We remain laser focused on providing significant long-term value for our shareholders, demonstrated by the regular return on capital through our consistent payment of quarterly cash dividends."
Use of Non-GAAP Financial Measures
This press release and accompanying schedules includes the non-GAAP financial measures of adjusted cash flow, adjusted net earnings (losses) and adjusted earnings (losses) per common share. The accompanying schedules provide definitions of these non-GAAP financial measures and reconciliations to their most directly comparable financial measures calculated and presented in accordance with GAAP. Company management believes these measures are useful indicators of the financial performance of our business and uses these measurements as aids in monitoring the Company's ongoing financial performance from quarter to quarter and year to year on a regular basis and for benchmarking against peer companies. Our non-GAAP financial measures should not be considered as alternatives to GAAP measures such as net income, operating income, net cash flow provided by operating activities, earnings per share or any other measure of financial performance calculated and presented in accordance with GAAP. Adams' non-GAAP financial measures may not be comparable to similarly titled measures of other companies because they may not calculate such measures in the same manner as Adams does. The non-GAAP financial measures are defined and reconciled in the financial tables below.
About Adams Resources & Energy, Inc.
Adams Resources & Energy, Inc. is engaged in crude oil marketing, transportation, terminalling and storage and tank truck transportation of liquid chemicals and dry bulk through its subsidiaries, GulfMark Energy, Inc., Service Transport Company, Victoria Express Pipeline, LLC and GulfMark Terminals, LLC. For more information, visit www.adamsresources.com.
Cautionary Statement Regarding Forward-Looking Statements
This news release contains forward-looking statements. Forward-looking statements relate to future events and anticipated results of operations, business strategies, and other aspects of our operations or operating results. In many cases you can identify forward-looking statements by terminology such as "anticipate," "intend," "plan," "project," "estimate," "continue," "potential," "should," "could," "may," "will," "objective," "guidance," "outlook," "effort," "expect," "believe," "predict," "budget," "projection," "goal," "forecast," "target" or similar words. Statements may be forward looking even in the absence of these particular words. Where, in any forward-looking statement, the Company expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, and any other risk factors included in Adams' reports filed with the Securities and Exchange Commission. However, there can be no assurance that such expectation or belief will result or be achieved. Unless legally required, Adams undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Company Contact
Tracy E. Ohmart
EVP, Chief Financial Officer
tohmart@adamsresources.com
(713) 881-3609
Investor Relations Contact
Gary Guyton or Steven Hooser
Three Part Advisors
(214) 442-0016
View original content to download multimedia:
SOURCE Adams Resources & Energy, Inc. | https://www.kolotv.com/prnewswire/2022/08/11/adams-resources-amp-energy-inc-announces-results-second-quarter-2022-declares-quarterly-dividend/ | 2022-08-11T21:24:01Z | https://www.kolotv.com/prnewswire/2022/08/11/adams-resources-amp-energy-inc-announces-results-second-quarter-2022-declares-quarterly-dividend/ | false | 11 |
Warner Brothers only sees three options for its upcoming film.
It seems that almost weekly, Ezra Miller is in a different state getting accused of a different crime. In Hawaii, the actor was arrested after becoming "agitated" at a bar, and then once more after wounding a young woman with a chair. In North Dakota, Miller was accused of grooming a twelve-year-old. In Massachusetts, a mother issued a protective order against the actor on behalf of her own twelve-year-old. In Vermont, the "Fantastic Beasts" star was charged with felony burglary.
Throughout most this, Warner Bros. has reaffirmed that they will be releasing The Flash, their upcoming superhero blockbuster starring Miller. But now, according to reporting from The Hollywood Reporter, the company is beginning to waver. Apparently, Warners only sees three options when it comes to the future of The Flash.
Hawaiʻi Police Department via Getty Images
The first option is having Miller get professional help and then giving an interview at some point to explain why they've been doing what they're doing. After said interview, Miller would do some limited press for the film and the DC Universe installment would be released as planned.
The second option is if Miller refuses to get help. In such a case, Warners said they could still release the film but simply not have Miller be part of the rollout. In this option, Miller would also not be cast in any future projects.
The third option would be chosen if Miller's cross-country spree gets worse. If this were the case, Warners might permanently shelve the film. This action would make a massive dent in the company's pocket book, as the film cost $200 million to make.
Apparently, Miller is in nearly every scene of the movie, so it would be nearly impossible to recast.
[via] | https://www.hotnewhiphop.com/the-fate-of-the-flash-is-in-question-as-ezra-miller-continues-breaking-laws-news.156247.html | 2022-08-11T21:26:11Z | https://www.hotnewhiphop.com/the-fate-of-the-flash-is-in-question-as-ezra-miller-continues-breaking-laws-news.156247.html | true | 1 |
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today announced it will report its second quarter fiscal year 2023 financial results for the three months ended July 31, 2022, after the U.S. financial markets close on Wednesday, August 31, 2022.
In conjunction with this announcement, MongoDB will host a conference call on Wednesday, August 31, 2022, at 5:00 p.m. (Eastern Time) to discuss the Company's financial results and business outlook. A live webcast of the call will be available on the "Investor Relations" page of the Company's website at http://investors.mongodb.com. To access the call by phone, please go to this link (registration link), and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available for a limited time at http://investors.mongodb.com.
About MongoDB
MongoDB is the leading modern, general purpose database platform empowering innovators to create, transform, and disrupt industries by unleashing the power of software and data. Headquartered in New York, MongoDB has more than 33,000 customers in over 100 countries. The MongoDB database platform has been downloaded over 240 million times and there have been more than 1.5 million registrations for MongoDB University courses.
Investor Relations
Brian Denyeau
ICR for MongoDB
646-277-1251
ir@mongodb.com
Media Relations
Matt Trocchio
MongoDB
communications@mongodb.com
View original content to download multimedia:
SOURCE MongoDB, Inc. | https://www.wsaw.com/prnewswire/2022/08/11/mongodb-inc-announces-date-second-quarter-fiscal-2023-earnings-call/ | 2022-08-11T21:27:33Z | https://www.wsaw.com/prnewswire/2022/08/11/mongodb-inc-announces-date-second-quarter-fiscal-2023-earnings-call/ | true | 12 |
WASHINGTON (AP) — The Justice Department is asking a federal court to unseal the warrant the FBI used to search the Mar-a-Lago estate of former President Donald Trump, Attorney General Merrick Garland said Thursday, acknowledging extraordinary public interest in the case about classified records.
The request is striking because such documents traditionally remain sealed during a pending investigation. But the Justice Department appeared to recognize that its silence since the search had created a vacuum for bitter verbal attacks by Trump and his allies and Garland wanted to provide the FBI’s side for what led to the action.
“The public’s clear and powerful interest in understanding what occurred under these circumstances weighs heavily in favor of unsealing,” said a motion filed in federal court in Florida on Thursday seeking the unsealing.
Should the warrant be released — the request is now with the judge, and Trump can object — it could disclose potentially unflattering information about the former president and his handling of sensitive government documents right as he prepares for another run for the White House. During his successful 2016 campaign, he pointed frequently to an FBI investigation into his Democratic opponent, Hillary Clinton, over whether she mishandled classified information.
It’s unclear at this point how much information would be included in the documents, if made public, or if they would encompass an FBI affidavit that would presumably lay out a detailed factual basis for the search. To obtain a search warrant, federal authorities must prove to a judge that probable cause exists to believe that a crime was committed.
Neither Trump nor the FBI has said anything about what documents the FBI might have recovered. But the former president complained anew on Thursday about the search.
Trump, who for years has lambasted the FBI and sought to sow distrust among his supporters in its decisions, said the warrant was served and the search conducted despite his cooperation with the Justice Department.
In a post to his Truth Social platform, Trump said that his “attorneys and representatives were cooperating fully” prior to the search, and that government officials “could have had whatever they wanted, whenever they wanted, if we had it.“
FBI and Justice Department policy cautions against discussing ongoing investigations, both to protect the integrity of probes and to avoid unfairly maligning someone who is being scrutinized but winds up ultimately not being charged. That’s especially true in the case of search warrants, where supporting court papers are routinely kept secret as the investigation proceeds.
In this case, though, Garland cited the fact that Trump himself had provided the first public confirmation of the FBI search, “as his right.“ The Justice Department, in its new filing, also said that disclosing information about it now would not harm the court’s functions.
Even so, Garland, in a hastily scheduled public statement delivered from the Justice Department podium, appeared to acknowledge the unusual nature of the department’s request as he declined to take questions or provide any substantive details about the FBI’s investigation.
“Much of our work is by necessity conducted out of the public eye. We do that to protect the constitutional rights of all Americans and to protect the integrity of our investigations,“ he said. ”Federal law, longstanding department rules and our ethical obligations prevent me from providing further details as to the basis of the search at this time.”
He said he personally approved the search warrant, a step he said was part of an ongoing Justice Department investigation into the discovery of classified White House records recovered from Trump’s Mar-a-Lago home in Palm Beach, Florida, earlier this year. The National Archives had asked the department to investigate after saying that classified records were found in 15 boxes of records that it retrieved from the estate.
The attorney general condemned verbal attacks on FBI and Justice Department personnel over the search. Some Republican allies of Trump have called for the FBI to be defunded.
Earlier Thursday, an armed man wearing body armor tried to breach a security screening area at an FBI field office in Ohio, then fled and was injured in an exchange of gunfire in a standoff with law enforcement.
“I will not stand by silently when their integrity is unfairly attacked,” Garland said of federal law enforcement agents, calling them “dedicated, patriotic public servants.”
_____
Associated Press writers Zeke Miller, Lindsay Whitehurst and Meg Kinnard contributed to this report.
More on Donald Trump-related investigations: https://apnews.com/hub/donald-trump | https://www.thestar.com/news/world/us/2022/08/11/unseal-warrant-for-mar-a-lago-search-ag-garland-asks.html | 2022-08-11T21:27:47Z | https://www.thestar.com/news/world/us/2022/08/11/unseal-warrant-for-mar-a-lago-search-ag-garland-asks.html | false | 23 |
$48.0 million in cash and cash equivalents as of June 30, 2022 to support ongoing programs through August 2023
International sites for Mino-Lok® Phase 3 trial engaged as recruitment accelerates
I/ONTAK Biologics License Application (BLA) on track for 2H 2022 submission
CRANFORD, N.J., Aug. 11, 2022 /PRNewswire/ -- Citius Pharmaceuticals, Inc. ("Citius" or the "Company") (Nasdaq: CTXR), a late-stage biopharmaceutical company developing and commercializing first-in-class critical care products, today reported business and financial results for the third fiscal quarter of 2022 ended June 30, 2022.
Fiscal Q3 2022 Business Highlights and Subsequent Developments
- Mino-Lok® Phase 3 trial recruitment approached pre-Covid-19 pace; international trial sites engaged to accelerate trial enrollment; Company reiterates 92 failure events required for trial completion;
- Halo-Lido Phase 2b trial initiated; enrollment completion anticipated by end of 2022;
- I/ONTAK (denileukin diftitox) topline results show no new safety signals and are consistent with prior formulation (ONTAK);
- Pre-BLA meeting held with the FDA for I/ONTAK; biologics license application (BLA) remains on track for submission in the second half of 2022; and,
- Announced intention to spinoff I/ONTAK into standalone oncology-focused publicly traded company.
Financial Highlights
- Cash and cash equivalents of $48.0 million as of June 30, 2022;
- R&D expenses were $4.9 million and $13.8 million for the three and nine months ended June 30, 2022, respectively, compared to $2.2 million and $9.9 million for the three and nine months ended June 30, 2021, respectively;
- G&A expenses were $3.0 million and $9.0 million for the three and nine months ended June 30, 2022, respectively, compared to $3.4 million and $ 7.4 million for the three and nine months ended June 30, 2021, respectively;
- Stock-based compensation expense was $1.0 million and $2.9 million for the three and nine months ended June 30, 2022, respectively, compared to $0.4 million and $1.0 million for the three and nine months ended June 30, 2021, respectively; and,
- Net loss was $8.9 million and $25.6 million, or ($0.06) and ($0.18) per share for the three and nine months ended June 30, 2022, respectively, compared to a net loss of $7.3 million and $19.5 million, or ($0.05) and ($0.20) per share for the three and nine months ended June 30, 2021, respectively.
"Citius made solid progress during the quarter to advance our multiple programs. We expanded the Phase 3 Mino-Lok trial to include international sites with the intention of increasing and accelerating enrollment. Our efforts remain focused on driving patient recruitment, which we believe will hasten trial completion. Based on the current the pace of enrollment and the ramp up of our international sites, we expect to enroll the last patient, to complete the trial by the end of 2022, subsequently with the required number of events," stated Leonard Mazur, Chairman and CEO of Citius.
"Our I/ONTAK program remains on track with an anticipated BLA submission later this year. Topline results for the Phase 3 trial of I/ONTAK were consistent with the prior FDA-approved formulation (ONTAK) and we believe there remains a significant unmet medical need in the market for CTCL patients. We recently completed a pre-BLA meeting with the U.S. Food and Drug Administration (FDA) and appreciate their continued guidance. Additionally, the Halo-Lido Phase 2b trial for the treatment of hemorrhoids was initiated during the quarter and we remain encouraged that we may complete enrollment in this trial by the end of the year," added Mazur.
"Our balance sheet remains strong with $48 million in cash available and no debt, providing us with greater strategic and financing flexibility than many of our peers. We believe these funds are sufficient to allow us to execute our activities through August 2023. To support our value-creating clinical, regulatory and commercial efforts, and to further unlock the value of I/ONTAK and Citius, we announced our intent to explore a tax-free non-dilutive spin-off to create a separate publicly traded oncology company. We believe this remains a viable option, notwithstanding recent market volatility, and will continue to monitor market conditions as we proceed. In addition to a potential spin-off, there are multiple other non-dilutive options available to Citius including out-licensing agreements, asset sales or other strategic arrangements, as well as debt financing. Consequently, we remain encouraged in the progress of our pipeline and confident in our ability to advance each of our key programs," concluded Mazur.
THIRD QUARTER ENDED JUNE 30, 2022 Financial Results:
Liquidity
As of June 30, 2022, the Company had $48.0 million in cash and cash equivalents, no debt, and 146,129,630 common shares issued and outstanding.
The Company estimates that its available cash resources will be sufficient to fund its operations through August 2023.
Research and Development (R&D) Expenses
R&D expenses were $4.9 million and $13.8 million for the three and nine months ended June 30, 2022, respectively, compared to $2.2 million and $9.9 million for the comparable periods ended June 30, 2021. The increase during the quarter is primarily due to additional R&D expenses related to the expansion of the Mino-Lok® trial to include sites outside the United States, start-up costs associated with the Halo-Lido Phase 2b trial which enrolled its first patient in April, 2022, and R&D expenses related to I/ONTAK for which a BLA submission to the FDA is being prepared.
During the nine months ended June 30, 2022, ARDS-related R&D expenses decreased by $4.7 million compared to $5.3 million during the prior year period. R&D expense for the nine months ended June 30, 2021 reflected a $5.0 million license fee paid to Novellus.
We expect that research and development expenses will increase in fiscal 2022 as we continue to focus on our Phase 3 trials for Mino-Lok® and I/ONTAK, progress the Halo-Lido product candidate, and continue our research and development efforts related to ARDS and Mino-Wrap.
General and Administrative (G&A) Expenses
G&A expenses were $3.1 million and $9.0 million for the three and nine months ended June 30, 2022, respectively, compared to $3.4 million and $7.4 million for the comparable periods ended June 30, 2021. The decrease during the quarter is primarily due to reduced costs for performance bonuses. The primary reasons for the increase over the nine-month period were additional compensation costs for new employees, increased investor relations costs and additional insurance expense. General and administrative expenses consist primarily of compensation costs, professional fees for legal, regulatory, accounting, and corporate development services, and investor relations expenses.
Stock-based Compensation Expense
For the fiscal quarter ended June 30, 2022, stock-based compensation expense was $1.0 million as compared to $0.4 million for the prior year period. For the nine months ended June 30, 2022, stock-based compensation expense was $2.9 million as compared to $1.0 million for the nine months ended June 30, 2021. The increase primarily reflects expenses related to new grants made by Citius to employees (including new hires), directors and consultants.
Net loss
Net loss was $8.9 million, or ($0.06) per share for the three months ended June 30, 2022, compared to a net loss of $5.8 million, or ($0.05) per share for the three months ended June 30, 2021.
Net loss was $25.6 million, or ($0.18) per share for the nine months ended June 30, 2022, compared to a net loss of $18.1 million, or ($0.20) for the nine months ended June 30, 2021.
The increase in net loss is primarily due to an increase in research and development expenses, general and administrative expenses and stock-based compensation.
Citius is a late-stage biopharmaceutical company dedicated to the development and commercialization of first-in-class critical care products, with a focus on oncology, anti-infectives in adjunct cancer care, unique prescription products, and stem cell therapies. The Company has two late-stage product candidates, Mino-Lok®, an antibiotic lock solution for the treatment of patients with catheter-related bloodstream infections (CRBSIs), which is currently enrolling patients in a Phase 3 Pivotal superiority trial, and I/ONTAK (E7777), a novel IL-2R immunotherapy for an initial indication in cutaneous T-cell lymphoma (CTCL), for which a BLA submission is being prepared for the second half of 2022. Mino-Lok® was granted Fast Track designation by the U.S. Food and Drug Administration (FDA). I/ONTAK has received orphan drug designation by the FDA for the treatment of CTCL and peripheral T-cell lymphoma (PTCL). For more information, please visit www.citiuspharma.com.
Safe Harbor
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are made based on our expectations and beliefs concerning future events impacting Citius. You can identify these statements by the fact that they use words such as "believe," "anticipate," "estimate," "expect," "plan," "should," and "may" and other words and terms of similar meaning or use of future dates. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: our ability to successfully undertake and complete clinical trials and the results from those trials for our product candidates; our decision whether to proceed with the planned spinoff, if at all, our ability to successfully complete the planned spinoff if undertaken, and the benefits achieved by the planned spinoff; our need for substantial additional funds; our ability to commercialize our products if approved by the FDA; the estimated markets for our product candidates and the acceptance thereof by any market; the ability of our product candidates to impact the quality of life of our target patient populations; risks relating to the results of research and development activities, including those from existing and new pipeline assets; uncertainties relating to preclinical and clinical testing; the early stage of products under development; our ability to attract, integrate, and retain key personnel; our dependence on third-party suppliers; market and other conditions; risks related to our growth strategy; patent and intellectual property matters; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; our ability to identify, acquire, close and integrate product candidates and companies successfully and on a timely basis; our ability to procure cGMP commercial-scale supply; government regulation; competition; as well as other risks described in our SEC filings. These risks have been and may be further impacted by Covid-19. Accordingly, these forward-looking statements do not constitute guarantees of future performance, and you are cautioned not to place undue reliance on these forward-looking statements. Risks regarding our business are described in detail in our Securities and Exchange Commission ("SEC") filings which are available on the SEC's website at www.sec.gov, including in our Annual Report on Form 10-K for the year ended September 30, 2021, filed with the SEC on December 15, 2021 and updated by our subsequent filings with the SEC. These forward-looking statements speak only as of the date hereof, and we expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.
Investor Relations for Citius Pharmaceuticals:
Ilanit Allen
Vice President, Corporate Communications and Investor Relations
T: 908-967-6677 x113
E: ir@citiuspharma.com
-- Financial Tables Follow –
View original content to download multimedia:
SOURCE Citius Pharmaceuticals, Inc. | https://www.wtvm.com/prnewswire/2022/08/11/citius-pharmaceuticals-inc-reports-fiscal-third-quarter-2022-financial-results-provides-business-update/ | 2022-08-11T21:28:28Z | https://www.wtvm.com/prnewswire/2022/08/11/citius-pharmaceuticals-inc-reports-fiscal-third-quarter-2022-financial-results-provides-business-update/ | true | 11 |
LUXEMBOURG, Aug.11, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the second quarter ended June 30th, 2022 on Thursday August 18th, 2022 after the close of regular market hours.
Following the release, Martin Migoya, Globant's CEO & co-founder, and Juan Urthiague, Globant's CFO, will discuss the results in a video conference call beginning at 4:30pm ET.
Video conference call access information is:
https://more.globant.com/F2Q22EarningsCall
About Globant (NYSE:GLOB)
We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design and engineering meet scale.
We have more than 24,500 employees and we are present in 19 countries working for companies like Google, Rockwell Automation, Electronic Arts and Santander, among others.
We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report. We were also featured as a business case study at Harvard, MIT, and Stanford. We are a member of the Cybersecurity Tech Accord.
For more information, please visit www.globant.com
Investor Relations Contact:
Arturo Langa, Globant
investors@globant.com
+1 (877) 215-5230
Media Contact:
Wanda Weigert, Globant
pr@globant.com
+1 (877) 215-5230
View original content to download multimedia:
SOURCE Globant | https://www.wtvm.com/prnewswire/2022/08/11/globant-announce-second-quarter-2022-financial-results-august-18th/ | 2022-08-11T21:29:48Z | https://www.wtvm.com/prnewswire/2022/08/11/globant-announce-second-quarter-2022-financial-results-august-18th/ | true | 18 |
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- New York resident and Coinbase shareholder A. Manny Alicandro has filed a class action in federal court in Manhattan alleging that Coinbase, Global Inc. and several senior executives and insiders misled prospective investors about their true intentions to sell shares in Coinbase's Direct Listing public offering on April 14, 2021.
While the prospectus stated that there was no assurance that any shareholders would sell any shares in the offering, nine of the defendants took actions to rapidly and significantly increase the amount of readily saleable Coinbase Class A common shares they held in the days leading up to the offering and then sold more than seven million shares of Coinbase stock on April 14, 2021, the first day of public trading, receiving more than $2.7 billion in proceeds. More than 1.3 million of those shares were sold immediately at the market opening that day at a price of $381 per share.
In a direct listing public offering, unlike an IPO, the issuing company's insiders sell their shares directly to the public. Mr. Alicandro, who purchased Coinbase stock on April 14, 2021, alleges in the complaint that this distinction means that information disclosed to prospective investors about the intentions of company insiders to sell stock is important to prospective investors in deciding whether to buy stock in the offering and that Coinbase and the insiders who sold should have disclosed their true intentions to sell millions of shares collectively.
Mr. Alicandro is represented by Michael Samuel and Andrew D. Beresin of the Samuel Law Firm in New York.
Media Contact:
Michael Samuel
michael@thesamuellawfirm.com
View original content:
SOURCE The Samuel Law Firm | https://www.kolotv.com/prnewswire/2022/08/11/samuel-law-firm-files-class-action-against-coinbase/ | 2022-08-11T21:30:05Z | https://www.kolotv.com/prnewswire/2022/08/11/samuel-law-firm-files-class-action-against-coinbase/ | false | 11 |
Israel National News > Israeli News > Footage: This is how the accident in Jerusalem happened Footage: This is how the accident in Jerusalem happened A security camera recorded the accident in Jerusalem in which a woman and two girls were killed. Israel National News 11.08.22, 23:19 Jerusalem Accidents Footage from security camera Courtesy Found a mistake? Contact us Get the latest news in your mailbox | https://www.israelnationalnews.com/news/358047 | 2022-08-11T21:30:25Z | https://www.israelnationalnews.com/news/358047 | false | null |
Hoopo Systems' Solution is Designed to Improve Supply Chain Management of Unpowered Assets with a Unique, Highly Durable and Power-Efficient, Tracking Solution
Investment Intended to Enable Hoopo to Develop a First-of-its-Kind Tracking Solution for Dry Containers
HAIFA, Israel, Aug. 11, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today the completion of a Series A financing round in Hoopo Systems Ltd., a provider of cutting-edge tracking solutions for unpowered assets, in which ZIM participated. ZIM invested $5.5 million in Hoopo, alongside both existing and new financial investors.
Hoopo is a leading provider of asset and fleet visibility solutions, working on transforming unpowered assets into connected fleets, thereby helping businesses to easily track and manage their operations, inventory, and equipment more efficiently by providing real-time data and analytics. Hoopo's solution is designed specifically for tracking and monitoring of unpowered assets by leveraging a unique, power-efficient tracking technology that creates long-lasting, highly durable and affordable tracking units that are suitable for any fleet size. Hoopo's Location Intelligence technology can be used across complex logistic operations such as transportation, aviation, waste management, and maritime. Customers using Hoopo's solutions gain improvement in asset utilization and cycle times, identify bottlenecks, optimize operations for higher efficiency, and offer elevated customer experience.
Proceeds of this investment are intended to, among others, further develop Hoopo's technology for the maritime industry, specifically dry containers, including the use of solar energy to power the tracking devices.
Eli Glickman, President and CEO of ZIM, remarked: "In a time when the ability to improve supply chains has proven to be a critical competency, we are pleased to embark on this new digital initiative. There are approximately 26 million dry containers worldwide, and Hoopo's cutting-edge tracking technology has the potential to revolutionize the way industry players track their movement, enabling further optimization of container fleets. We look forward to working with the team at Hoopo on the implantation of this first-of-its-kind solution in our dry container fleet as well as promoting its adoption across the industry."
Ittay Hayut, CEO of Hoopo, noted: "We are excited to form this partnership with one of the leading, and most innovative companies in the maritime industry. This huge vote of confidence from new and existing investors, together with Hoopo's technology, and ZIM's experience and knowledge, will allow us to transform dry containers into smart and digital fleets."
About ZIM
Founded in Israel in 1945, ZIM (NYSE: ZIM) is a leading global container liner shipping company with established operations in 100+ countries serving more than 25,000 customers in over 300 global ports. ZIM leverages digital strategies and a commitment to ESG values to provide customers innovative seaborne transportation and logistics services and exceptional customer experience. ZIM's differentiated global-niche strategy, based on agile fleet management and deployment, covers major trade routes with a focus on select markets where the company holds competitive advantages. Additional information about ZIM is available at www.ZIM.com.
About Hoopo Systems
Hoopo was founded in 2017 by a team of experts in RF communications and geolocation technologies. It offers a unique power-efficient tracking solution that enables real-time Location Intelligence including both tracking and status monitoring for unpowered assets. By integrating a suite of innovative technologies, Hoopo's system ensures accurate asset positioning while maximizing power efficiency and cost. Hoopo is working on supply-chain innovation with leading companies in transportation, aviation, waste management, and maritime logistics.
To learn more about Hoopo, visit https://www.hoopo.tech or contact sales@hoopo.tech.
ZIM Forward-Looking Statements
This press release contains or may be deemed to contain forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995). In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about ZIM ("ZIM", or the "Company") may include projections of the Company's new service capabilities and advantages, future financial results thereof, as well as its anticipated growth strategies and anticipated trends in its business. These statements are only predictions based on the Company's current expectations and projections about future events or results. There are important factors that could cause the Company's actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause such differences include, but are not limited to: market changes in freight, bunker, charter and other rates or prices, new legislation or regulation affecting the Company's operations, new competition and changes in the competitive environment, the outcome of legal proceedings to which the Company is a party, and other risks and uncertainties detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission, including under the caption "Risk Factors" in its 2021 Annual Report.
Although the Company believes that the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company assumes no duty to update any of these forward-looking statements after the date hereof to conform its prior statements to actual results or revised expectations, except as otherwise required by law.
Logo - https://mma.prnewswire.com/media/1458457/ZIM_Logo.jpg
ZIM contacts:
Media:
Avner Shats
ZIM Integrated Shipping Services Ltd.
+972-4-865-2520
shats.avner@zim.com
Investor Relations:
Elana Holzman
ZIM Integrated Shipping Services Ltd.
+972-4-865-2300
holzman.elana@zim.com
Leon Berman
The IGB Group
+1-212-477-8438
lberman@igbir.com
Hoopo contact:
Tal Leemor
VP of Marketing & Partnerships
Hoopo Systems
+1-424-214-1561
+972-54-584-1396
tal@hoopo.tech
View original content:
SOURCE ZIM Integrated Shipping Services Ltd. | https://www.keyc.com/prnewswire/2022/08/11/zim-announces-participation-series-financing-round-hoopo-provider-cutting-edge-tracking-solutions-unpowered-assets/ | 2022-08-11T21:31:28Z | https://www.keyc.com/prnewswire/2022/08/11/zim-announces-participation-series-financing-round-hoopo-provider-cutting-edge-tracking-solutions-unpowered-assets/ | false | 12 |
The new Taiwan crisis that escalated as a result of Nancy Pelosi, the speaker of the U.S. Congress, visiting Taipei appears to be a test of the existing (read U.S.) and emerging superpowers like China. Pelosi visited Taiwan, which China asserts is a part of its territories, despite Beijing's stern warnings to the U.S. administration about a potential visit. The possibility of a Chinese military response alarmed the globe, but thankfully it never materialized. It is still unclear who will prevail in this psychological conflict: the U.S. or China.
Given the unfavorable current picture for China, it will not be shocking if Beijing conducts a modest punitive operation against Taiwan in the coming days. In fact, the Chinese government's response to the U.S. disruption was both excessively harsh and premature. A more diplomatic tone could have been appropriate, given that the visit was intended to quietly gauge China's reaction. On the other hand, China’s superpowerhood is still in the making. It is true that the U.S. is waning in strength and cannot dominate the entire world on its own, but there are several other factors that enable America to maintain its status as a superpower.
First, even though Americans may no longer have a clear advantage, they are still stronger than any other nation, so a conflict with them may not end in China's favor. The U.S. hegemony may be challenged and prevented by a group of allies, but Beijing lacks the number of powerful allies to do so. Instead, the U.S. is in charge of the Western bloc, and its allies gladly accept this position. With its economic, military, and soft power capabilities, no other western nation can lead the western alliance. For instance, since they cannot afford it, they do not count on the U.K., Germany, or France to lead the entire west. Consequently, they are content with the U.S. leadership and will continue to do so.
Additionally, America is in such fantastic shape that even China supports it in becoming a superpower. The U.S. dollar is a widely-used global currency that is kept in central bank reserves and used in international trade. Even China, which has more than $3 trillion in reserves, cannot sustain a decline in the value of the U.S. dollar because it would cause its savings to vanish. The more China defends the dollar's hegemony, the more the U.S. controls the global financial system. As a result, China seeks to stand up to a nation that aids in maintaining its might.
In addition, non-allies will probably support America in the event of a hot or cold conflict in addition to western allies. Leaving aside distant nations, South Korea, Japan, and the Philippines are friends of Washington that are geographically close to China. Through its soft power tools, like the media and Hollywood, the U.S. is able to alter the perceptions of the global public.
However, it would be incorrect to believe that China will back down from its path to becoming a superpower despite the strength of the U.S. and its allies. Because of its current status as a superpower, China cannot be contained. Military solutions also will not make China regress to its weakened state. All parties benefit from the existing status quo, but neither side appears inclined to maintain it. Therefore, maybe not a hot war but a cold war is imminent or perhaps has already begun.
Now, both sides will assess their allies and work to improve intra-relationships. On the American side, those who feel abandoned by the Washington government, like Türkiye, may exhibit reluctance to support the country. Türkiye is quite incensed over unofficial arms sales embargoes and will understandably wonder how it will fight with the American army without advanced weapons that it cannot buy. Perhaps the U.S. government, especially Pelosi and other members of Congress, should reevaluate their position on Türkiye. They should be aware that lobbyists won't defend America in a future conflict and that true allies won't overlook their sacrifice in exchange for lobby firms' funds. Additionally, new allies like the PKK/YPG or Israel won't fight alongside the U.S., either. A reevaluation of relationships with its allies for Washington is a vital necessity nowadays.
Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the cookies used on our website in accordance with the relevant legislation.
6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan çerezlerle ilgili bilgi almak için lütfen tıklayınız. | https://www.dailysabah.com/opinion/op-ed/us-china-a-great-power-war | 2022-08-11T21:32:07Z | https://www.dailysabah.com/opinion/op-ed/us-china-a-great-power-war | false | 1 |
NPR's Juana Summers speaks with Andrew Weissmann, a former Justice Department prosecutor, about the motion to unseal the search warrant for Donald Trump's Florida home.
Copyright 2022 NPR
NPR's Juana Summers speaks with Andrew Weissmann, a former Justice Department prosecutor, about the motion to unseal the search warrant for Donald Trump's Florida home.
Copyright 2022 NPR | https://www.wrvo.org/2022-08-11/former-doj-prosecutor-on-what-could-happen-if-trumps-warrants-are-unsealed | 2022-08-11T21:33:06Z | https://www.wrvo.org/2022-08-11/former-doj-prosecutor-on-what-could-happen-if-trumps-warrants-are-unsealed | false | null |
NEW YORK (AP) — The nation’s top public health agency on Thursday relaxed its COVID-19 guidelines, dropping the recommendation that Americans quarantine themselves if they come into close contact with an infected person.
The Centers for Disease Control and Prevention also said people no longer need to stay at least 6 feet away from others.
The changes are driven by a recognition that — more than 2 1/2 years since the start of the pandemic — an estimated 95% of Americans 16 and older have acquired some level of immunity, either from being vaccinated or infected, agency officials said.
“The current conditions of this pandemic are very different from those of the last two years,” said the CDC’s Greta Massetti, an author of the guidelines.
The CDC recommendations apply to everyone in the U.S., but the changes could be particularly important for schools, which resume classes this month in many parts of the country.
Perhaps the biggest education-related change is the end of the recommendation that schools do routine daily testing, although that practice can be reinstated in certain situations during a surge in infections, officials said.
The CDC also dropped a “test-to-stay” recommendation, which said students exposed to COVID-19 could regularly test — instead of quarantining at home — to keep attending school. With no quarantine recommendation anymore, the testing option disappeared too.
Masks continue to be recommended only in areas where community transmission is deemed high, or if a person is considered at high risk of severe illness.
School districts across the U.S. have been scaling back their COVID-19 precautions in recent weeks even before the CDC relaxed its guidance.
Masks will be optional in most school districts when classes resume this fall, and some of the nation’s largest districts have dialed back or eliminated COVID-19 testing requirements.
Some have also been moving away from test-to-stay programs that became unmanageable during surges of the omicron variant last school year. With so many new infections among students and staff, many schools struggled to track and test their close contacts, leading to a temporary return to remote classes in some places.
The average numbers of reported COVID-19 cases and deaths have been relatively flat this summer, at around 100,000 cases a day and 300 to 400 deaths.
The CDC previously said that if people who are not up to date on their COVID-19 vaccinations come into close contact with a person who tests positive, they should stay home for at least five days. Now the agency says quarantining at home is not necessary, but it urges those people to wear a high-quality mask for 10 days and get tested after five.
The agency continues to say that people who test positive should isolate from others for at least five days, regardless of whether they were vaccinated. CDC officials advise that people can end isolation if they are fever-free for 24 hours without the use of medication and they are without symptoms or the symptoms are improving.
The Associated Press Health & Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content. | https://www.fox46.com/news/national-news/cdc-drops-quarantine-screening-recommendations-for-covid-19/ | 2022-08-11T21:34:43Z | https://www.fox46.com/news/national-news/cdc-drops-quarantine-screening-recommendations-for-covid-19/ | true | 62 |
RALEIGH, N.C. (WNCN) — A man and woman were injured in a drive-by shooting just south of downtown Raleigh on Thursday, police say.
Around 3 p.m., police responded to a shooting in the 600 block of Schenly Drive. Police say multiple gunshots were fired into a mobile home in a mobile home park.
A man was treated on the scene for his injuries. A woman was transported to a nearby hospital for treatment. Police say the shooting may be related to an ongoing dispute, according to Raleigh police.
Raleigh police say the suspect took off in a vehicle.
There were at least six Raleigh police cars at the scene after the shooting. Crime scene tape was also up blocking part of a street in the mobile home park.
There was no other information available. | https://www.cbs17.com/news/local-news/wake-county-news/woman-man-injured-in-raleigh-broad-daylight-drive-by-shooting/ | 2022-08-11T21:35:27Z | https://www.cbs17.com/news/local-news/wake-county-news/woman-man-injured-in-raleigh-broad-daylight-drive-by-shooting/ | false | null |
HOUSTON, Aug. 11, 2022 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLXE", the "Company", "we", "us" or "our") today reported financial results for the second quarter ended June 30, 2022. We also make reference to the three months ended June 30, 2021 ("Pro Forma Prior Year Second Quarter").
- Revenue of $184.4 million, increased 21% sequentially
- Generated net loss of $7.5 million, a 62% improvement sequentially
- Adjusted EBITDA of $17.4 million, increased 255% sequentially
- Available liquidity at June 30, 2022 increased $2.0 million, or 4%, sequentially
- Ended the quarter with $56.6 million of available liquidity, consisting of $31.5 million of cash and $25.1 million of available borrowing capacity on the June 30, 2022 ABL Facility Borrowing Base Certificate (net of $14.1 million fixed charge coverage ratio ("FCCR") holdback)
See "Non-GAAP Financial Measures" at the end of this release for a discussion of Adjusted EBITDA, Adjusted EBITDA margin, free cash flow, net working capital and their reconciliation to the most directly comparable financial measure calculated and presented in accordance with U.S. generally accepted accounting principles ("GAAP"). We have not provided reconciliations of our future expectations as to Adjusted EBITDA or Adjusted EBITDA margin as such reconciliation is not available without unreasonable efforts. In addition, for comparative purposes, we have also presented Pro Forma Operating Income (Loss) and Adjusted EBITDA for the three months ended June 30, 2021 in the Additional Selected Operating Data section below.
Chris Baker, President and Chief Executive Officer of KLXE, stated, "We are excited about our second quarter results and the overall strength of the oilfield service market despite the volatility in commodity prices. I am very proud of our team and we are now beginning to see the fruits of our labor over the last 24 months. Driven by the continued improvement in pricing and customer activity, we expect third quarter sequential revenue growth of 9% to 13% and third quarter Adjusted EBITDA margin of 10% to 12%. We are now approaching our goal of returning KLXE to positive free cash flow and believe we may achieve this goal in the second half of 2022."
Revenue for the second quarter of 2022 totaled $184.4 million, an increase of 21% compared to first quarter revenue of $152.3 million. The increase in revenue reflects the increase in activity and pricing across all geographic segments and product service lines. On a product line basis, drilling, completion, production and intervention services contributed approximately 28.2%, 49.8%, 11.9% and 10.1%, respectively, to revenues for the second quarter 2022.
Net loss for the second quarter of 2022 was $7.5 million, compared to first quarter net loss of $19.9 million. Adjusted EBITDA for the second quarter of 2022 was up 255% to $17.4 million compared to first quarter Adjusted EBITDA of $4.9 million.
The Company reports revenue, operating income and Adjusted EBITDA through three geographic business segments: Rocky Mountains, Southwest and Northeast/Mid-Con.
- Rocky Mountains: Revenue, operating income and Adjusted EBITDA for the Rocky Mountains segment was $53.1 million, $4.0 million and $9.3 million, respectively, for the second quarter of 2022. Revenue represents a 23% increase over the first quarter of 2022 largely driven by an increase in activity and pricing throughout the DJ Basin, Wyoming and Bakken in coiled tubing, directional drilling, rentals, fishing and wireline.
- Southwest: Revenue, operating income and Adjusted EBITDA for the Southwest segment, which includes the Permian and South Texas, was $60.0 million, $2.0 million and $6.4 million, respectively, for the second quarter of 2022. Revenue represents a 16% increase over the first quarter of 2022 largely driven by an increase in activity and pricing across a majority of our product service lines, with directional drilling, coiled tubing and wireline experiencing the largest increases.
- Northeast/Mid-Con: Revenue, operating income and Adjusted EBITDA for the Northeast/Mid-Con segment was $71.3 million, $7.3 million and $11.1 million, respectively, for the second quarter of 2022. Revenue represents a 25% increase over the first quarter of 2022 largely due to sequential improvement in activity and pricing across pressure pumping, rentals, coiled tubing and fishing services across the region.
The following is a tabular summary of revenue, operating income (loss) and Adjusted EBITDA for the second quarter ended June 30, 2022 and first quarter ended March 31, 2022 ($ in millions).
Total debt outstanding as of June 30, 2022 was $295.4 million, compared to $274.8 million as of December 31, 2021. The increase in total debt was driven by additional borrowing on our ABL Facility as well as amortization of debt issuance costs. As of June 30, 2022, cash and cash equivalents totaled $31.5 million. Total liquidity as of June 30, 2022 was $70.7 million and available liquidity was $56.6 million, including net availability of $25.1 million available on the June 30, 2022 ABL Facility Borrowing Base Certificate, net of $14.1 million FCCR holdback. The Senior Secured Notes bear interest at an annual rate of 11.5%, payable semi-annually in arrears on May 1st and November 1st. Accrued interest as of June 30, 2022 was $4.8 million for the Senior Secured Notes and $0.5 million related to the ABL Facility. The Company has continued discussions with lenders around various refinancing options, including amending and extending its current ABL Facility.
Net working capital as of June 30, 2022 was $51.3 million, which was up 12% from March 31, 2022 levels. The increase in net working capital was largely driven by the 21% increase in revenue, although we were able to offset the investment by reducing days sales outstanding by 4% to approximately 60 days and at the same time modestly increasing days payable outstanding.
Capital expenditures were $7.8 million during the second quarter of 2022, an increase of $2.0 million, or 34% compared to capital expenditures of $5.8 million in the first quarter of 2022. Capital spending during the second quarter was driven primarily by maintenance capital expenditures across our segments. KLXE continues to expect fiscal year 2022 capital spending to be between $25.0 and $30.0 million and will be primarily focused on maintenance capital spending. As of June 30, 2022, we had $6.3 million of assets held for sale related to real property and equipment in the Rocky Mountains and Southwest segments. We expect $1.5 million of these sales to close during the third quarter of 2022.
- 9% to 13% revenue growth from second quarter to third quarter
- Third quarter Adjusted EBITDA margin of 10% to 12%
- Increasing full year 2022 revenue guidance to a range of $730.0 million to $750.0 million
KLXE has scheduled a conference call for 9:00 a.m. Central Time (10:00 a.m. Eastern Time) on Friday, August 12, 2022, to review reported results. You may access the call by telephone at 1-201-389-0867 and ask for the KLXE 2022 Second Quarter Conference Call. The webcast of the call may also be accessed through the Investor Relations section of the Company's website at https://investor.klxenergy.com/events-and-presentations/events. A replay of the call can be accessed on the Company's website for 90 days and will be available by telephone through August 26, 2022, at 1-201-612-7415, access code 13731739#. Please submit any questions for management prior to the call via email to KLXE@dennardlascar.com.
KLXE is a growth-oriented provider of diversified oilfield services to leading onshore oil and natural gas exploration and production companies operating in both conventional and unconventional plays in all of the active major basins throughout the United States. The Company delivers mission critical oilfield services focused on drilling, completion, production, and intervention activities for technically demanding wells from over 60 service and support facilities located throughout the United States. KLXE's complementary suite of proprietary products and specialized services is supported by technically skilled personnel and a broad portfolio of innovative in-house manufacturing, repair and maintenance capabilities. More information is available at www.klxenergy.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements to encourage companies to provide prospective information to investors. This news release (and any oral statements made regarding the subjects of this release, including on the conference call announced herein) includes forward-looking statements that reflect our current expectations and projections about our future results, performance and prospects. Forward-looking statements include all statements that are not historical in nature and are not current facts. When used in this news release (and any oral statements made regarding the subjects of this release, including on the conference call announced herein), the words "believe," "expect," "plan," "intend," "anticipate," "estimate," "predict," "potential," "continue," "may," "might," "should," "could," "will" or the negative of these terms or 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 with respect to, among other things: our operating cash flows; the availability of capital and our liquidity; our ability to renew and refinance our debt; our future revenue, income and operating performance; our ability to sustain and improve our utilization, revenue and margins; our ability to maintain acceptable pricing for our services; future capital expenditures; our ability to finance equipment, working capital and capital expenditures; our ability to execute our long-term growth strategy and to integrate our acquisitions; our ability to successfully develop our research and technology capabilities and implement technological developments and enhancements; and the timing and success of strategic initiatives and special projects.
Forward-looking statements are not assurances of future performance and actual results could differ materially from our historical experience and our present expectations or projections. These forward-looking statements are based on management's current expectations and beliefs, forecasts for our existing operations, experience, expectations and perception of historical trends, current conditions, anticipated future developments and their effect on us and other factors believed to be appropriate. Although management believes the expectations and assumptions reflected in these forward-looking statements are reasonable as and when made, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all). Our forward-looking statements involve significant risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. Known material factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, risks associated with the following: a decline in demand for our services, including due to the ongoing COVID-19 pandemic, declining commodity prices, overcapacity and other competitive factors affecting our industry; the cyclical nature and volatility of the oil and gas industry, which impacts the level of exploration, production and development activity and spending patterns by E&P companies; a decline in, or substantial volatility of, crude oil and gas commodity prices, which generally leads to decreased spending by our customers and negatively impacts drilling, completion and production activity; inflation; increases in interest rates; the ongoing war in Ukraine; supply chain issues; and other risks and uncertainties listed in our filings with the U.S. Securities and Exchange Commission, including our Current Reports on Form 8-K that we file from time to time, Quarterly Reports on Form 10-Q and Transition Report on Form 10-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except as required by law.
Contacts: KLX Energy Services Holdings, Inc.
Keefer M. Lehner, EVP & CFO
832-930-8066
IR@klxenergy.com
Dennard Lascar Investor Relations
Ken Dennard / Natalie Hairston
713-529-6600
KLXE@dennardlascar.com
KLX Energy Services Holdings, Inc.
Additional Selected Operating Data
(Unaudited)
Non-GAAP Financial Measures
This release includes Adjusted EBITDA, free cash flow, and net working capital measures. Each of the metrics are "non-GAAP financial measures" as defined in Regulation G of the Securities Exchange Act of 1934.
Adjusted EBITDA is a supplemental non-GAAP financial measure that is used by management and external users of our financial statements, such as industry analysts, investors, lenders and rating agencies. Adjusted EBITDA is not a measure of net earnings or cash flows as determined by GAAP. We define Adjusted EBITDA as net earnings (loss) before interest, taxes, depreciation and amortization, further adjusted for (i) goodwill and/or long-lived asset impairment charges, (ii) stock-based compensation expense, (iii) restructuring charges, (iv) transaction and integration costs related to acquisitions, (v) costs incurred related to the COVID-19 pandemic and (vi) other expenses or charges to exclude certain items that we believe are not reflective of ongoing performance of our business. Adjusted EBITDA is used to calculate the Company's leverage ratio, consistent with the terms of the Company's ABL Facility.
We believe Adjusted EBITDA is useful because it allows us to more effectively evaluate our operating performance and compare the results of our operations from period to period without regard to our financing methods or capital structure. We exclude the items listed above in arriving at Adjusted EBITDA because these amounts can vary substantially from company to company within our industry depending upon accounting methods and book values of assets, capital structures and the method by which the assets were acquired. Adjusted EBITDA should not be considered as an alternative to, or more meaningful than, net income as determined in accordance with GAAP, or as an indicator of our operating performance or liquidity. Certain items excluded from Adjusted EBITDA are significant components in understanding and assessing a company's financial performance, such as a company's cost of capital and tax structure, as well as the historic costs of depreciable assets, none of which are components of Adjusted EBITDA. Our computations of Adjusted EBITDA may not be comparable to other similarly titled measures of other companies.
We define free cash flow as net cash provided by operating activities less capital expenditures and proceeds from sale of property and equipment. Our management uses free cash flow to assess the Company's liquidity and ability to repay maturing debt, fund operations and make additional investments. We believe that free cash flow provides useful information to investors because it is an important indicator of the Company's liquidity, including its ability to reduce net debt, make strategic investments and repurchase stock.
Net working capital is calculated as current assets, excluding cash, less current liabilities, excluding accrued interest and finance lease obligations. We believe that net working capital provides useful information to investors because it is an important indicator of the Company's liquidity.
The following tables present a reconciliation of the non-GAAP financial measures of Adjusted EBITDA and free cash flow to the most directly comparable GAAP financial measure for the periods indicated:
The following table presents a reconciliation of the non-GAAP financial measure of free cash flow to the most directly comparable GAAP financial measure for the periods indicated:
The following table presents a reconciliation of the non-GAAP financial measure of net working capital to the most directly comparable GAAP financial measure for the periods indicated:
View original content:
SOURCE KLX Energy Services Holdings, Inc. | https://www.kfvs12.com/prnewswire/2022/08/11/klx-energy-services-holdings-inc-reports-strong-second-quarter-2022-results/ | 2022-08-11T21:35:43Z | https://www.kfvs12.com/prnewswire/2022/08/11/klx-energy-services-holdings-inc-reports-strong-second-quarter-2022-results/ | false | 21 |
OMAHA, Neb. (AP) — The director of the FBI had strong words Wednesday for supporters of former President Donald Trump who have been using violent rhetoric in the wake of his agency’s search of Trump’s Mar-a-Lago home.
Christopher Wray, who was appointed as the agency’s director in 2017 by Trump, called threats circulating online against federal agents and the Justice Department “deplorable and dangerous.”
“I’m always concerned about threats to law enforcement,” Wray said. “Violence against law enforcement is not the answer, no matter who you’re upset with.”
Wray made the remarks following a news conference during a long-planned visit to the agency’s field office in Omaha, Nebraska, where he discussed the FBI’s focus on cybersecurity. He declined to answer questions about the hours-long search Monday by FBI agents of Trump’s Palm Beach, Florida resort.
It has been easy to find the threats and a call to arms in those corners of the internet favored by right-wing extremists since Trump himself announced the search of his Florida home. Reactions included the ubiquitous “Lock and load” and calls for federal agents and even U.S. Attorney General Merrick Garland to be assassinated.
On Gab — a social media site popular with white supremacists and antisemites — one poster going by the name of Stephen said he was awaiting “the call” to mount an armed revolution.
“All it takes is one call. And millions will arm up and take back this country. It will be over in less than 2 weeks,” the post said.
Another Gab poster implored others: “Lets get this started! This unelected, illegitimate regime crossed the line with their GESTAPO raid! It is long past time the lib socialist filth were cleansed from American society!”
The search of Trump’s residence Monday is part of an investigation into whether Trump took classified records from the White House to his Florida residence, according to people familiar with the matter. The Justice Department has been investigating the potential mishandling of classified information since the National Archives and Records Administration said it had received from Mar-a-Lago 15 boxes of White House records, including documents containing classified information, earlier this year. | https://www.abc27.com/news/us-world/politics/fbis-wray-denounces-threats-following-search-of-trump-home/ | 2022-08-11T21:42:06Z | https://www.abc27.com/news/us-world/politics/fbis-wray-denounces-threats-following-search-of-trump-home/ | false | 36 |
LAKE FOREST, Calif., Aug. 11, 2022 /PRNewswire/ -- BIOLASE, Inc. (NASDAQ: BIOL), the global leader in dental lasers, today announced its financial results for the second quarter ended June 30, 2022.
2022 Second Quarter and Recent Highlights
- Total revenue was $12.2 million, up 34% year over year
- U.S. laser sales increased 70% year over year and U.S. consumable sales increased 42% year over year, driven by increased procedures using BIOLASE lasers
- International laser sales increased 2% year over year, while international consumable sales increased 3% year over year
- Continued momentum with new customers and dental specialists with 80% of U.S. Waterlase sales coming from new customers and over 50% of U.S. Waterlase sales coming from dental specialists
- Waterlase Exclusive Trial Program success rate of over 55% in the second quarter, highlighting the program's success
- Strong balance sheet with $19.5 million of cash and cash equivalents on June 30, 2022
"I am pleased to report that continued execution of our growth strategy enabled us to deliver one of the best second quarters we have ever had for our laser and laser related sales – in fact our second-best since 2013," commented John Beaver, President and Chief Executive Officer. "Driven by increasing demand for our industry leading lasers, our total revenue increased 34% year over year and our consumable sales surpassed $3.0 million for the first time ever in a single quarter. Our strong performance reflects positive momentum on several fronts, including continued progress with our Waterlase Exclusive Trial Program, as our success rate surpassed 55% in the second quarter. This initiative, along with the launch of our specialist academies for endodontists, periodontists, pediatric dentists, and dental hygienists, generated increased adoption of our laser technology in the U.S. in the second quarter with 80% of our U.S. Waterlase sales coming from new customers and over 50% of U.S. Waterlase sales coming from dental specialists. Additionally, we had 16 territory managers exceed sales quotas for the quarter, highlighting the demand for our products. And, for the first time in my almost five years at BIOLASE, we have no open U.S. sales territories.
"With less than 10% of the U.S. dental community currently using dental lasers, we are confident that we can leverage the enhanced capabilities of our product to drive further adoption and become the new standard of care. With every one percentage point increase in market adoption of laser technology in the U.S. alone, we estimate it will generate an additional $50.0 million in revenue for BIOLASE, assuming we maintain our current 60% market share. With our strong start to the year, and the continued success of our sales initiatives, we believe we are well positioned for continued revenue growth in 2022."
2022 Second Quarter Financial Results
Net revenue for the second quarter of 2022 was $12.2 million, an increase of 34% year over year. U.S. laser revenue was $5.5 million for the second quarter of 2022, up 70% when compared to U.S. laser revenue of $3.2 million for the second quarter of 2021. U.S. consumables and other revenue for the second quarter of 2022, which consists of revenue from consumable products such as disposable tips, increased 42% compared to the second quarter of 2021. Outside the U.S., laser revenue was $2.5 million for the second quarter of 2022 and remained consistent with the same quarter in 2021, and consumables and other revenue held constant at $0.8 million when compared to the same quarter in 2021.
Gross margin for the second quarter of 2022 was 42%, compared to 44% for the second quarter of 2021. The lower gross margin in 2022 is a result of the impact of recent supply chain issues and an Employee Retention Credit under the CARES Act received during the three months ended June 30, 2021 that did not occur in 2022. Total operating expenses were $10.2 million for the second quarter of 2022 compared to $7.3 million for the second quarter of 2021. Operating loss for the second quarter of 2022 was $5.1 million, compared to an operating loss of $3.3 million in the second quarter of 2021.
The Company maintained a healthy balance sheet and had cash and cash equivalents of $19.5 million on June 30, 2022. The Company believes it has sufficient financial resources to execute its near and long-term growth strategies.
Net Loss and Adjusted EBITDA
The reconciliation of GAAP Net Loss to Adjusted EBITDA at the end of this news release provides the details of the Company's non-GAAP disclosures and the reconciliation of GAAP net loss and net loss per share to the Company's Adjusted EBITDA and Adjusted EBITDA per share.
Net loss for the second quarter of 2022 was $5.6 million compared to a net loss of $0.7 million for the second quarter of 2021. In the year ago quarter, BIOLASE had a $3.0 million gain on debt forgiveness from the Paycheck Protection Program loan, which positively impacted net income. Net loss per share for the quarter was $0.91 compared to $0.12 for the second quarter of 2021 (as adjusted for the reverse stock split). Adjusted EBITDA loss for the second quarter of 2022 was $4.1 million compared with Adjusted EBITDA loss of $2.7 million for the second quarter of 2021. Adjusted EBITDA per share for the quarter was $0.67 compared to $0.44 for the second quarter of 2021 (as adjusted for the reverse stock split).
2022 Third Quarter and Full Year Revenue Guidance
Based on currently available information and the continued operating momentum the Company has experienced in the first half of the year, BIOLASE is anticipating third quarter net revenue to exceed $10.5 million, which would represent growth of at least 10% year over year. The Company continues to expect full year net revenue to increase at least 15% from 2021 levels.
Conference Call Information
BIOLASE, Inc. will host a conference call today at 4:30 p.m. Eastern Time to discuss its operating results for the second quarter ended June 30, 2022, and to answer questions. To access the live call, dial 1-877-545-0320 (U.S.) or +1 973-528-0002 (International) and provide the following code: 838343.
A live and archived webcast of the conference call will be accessible on the BIOLASE Investor Relations page. In addition, a phone replay will be available approximately two hours following the end of the call, and it will remain available for one week. To access the call replay dial 1-877-481-4010 or +1 919-882-2331 (International) and enter replay passcode: 46222.
About BIOLASE
BIOLASE is a medical device company that develops, manufactures, markets, and sells laser systems in dentistry and medicine. BIOLASE's products advance the practice of dentistry and medicine for patients and healthcare professionals. BIOLASE's proprietary laser products incorporate approximately 302 patented and 31 patent-pending technologies designed to provide biologically and clinically superior performance with less pain and faster recovery times. BIOLASE's innovative products provide cutting-edge technology at competitive prices to deliver superior results for dentists and patients. BIOLASE's principal products are dental laser systems that perform a broad range of dental procedures, including cosmetic and complex surgical applications. From 1998 through December 31, 2021, BIOLASE has sold over 43,300 laser systems in over 80 countries around the world. Laser products under development address BIOLASE's core dental market and other adjacent medical and consumer applications.
For updates and information on Waterlase iPlus®, Waterlase Express™, and laser dentistry, find BIOLASE online at www.biolase.com, Facebook at www.facebook.com/biolase, Twitter at www.twitter.com/biolaseinc, Instagram at www.instagram.com/waterlase_laserdentistry, and LinkedIn at www.linkedin.com/company/biolase.
BIOLASE®, Waterlase® and Waterlase iPlus® are registered trademarks of BIOLASE, Inc.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties, including statements, regarding BIOLASE's expected revenue and revenue growth and beliefs regarding its financial resources. Forward-looking statements can be identified through the use of words such as "may," "might," "will," "intend," "should," "could," "can," "would," "continue," "expect," "believe," "anticipate," "estimate," "predict," "outlook," "potential," "plan," "seek," and similar expressions and variations or the negatives of these terms or other comparable terminology. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect BIOLASE's current expectations and speak only as of the date of this release. Actual results may differ materially from BIOLASE's current expectations depending upon a number of factors. These factors include, among others, the coronavirus (COVID-19) and the effects of the outbreak and actions taken in connection therewith, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties that are described in the "Risk Factors" section of BIOLASE's most recent annual report filed on Form 10-K filed with the Securities and Exchange Commission. Except as required by law, BIOLASE does not undertake any responsibility to revise or update any forward-looking statements.
For further information, please contact:
EVC Group LLC
Michael Polyviou / Todd Kehrli
(732) 933-2754
mpolyviou@evcgroup.com / tkehrli@evcgroup.com
Tables to Follow
Non-GAAP Financial Measures
In addition to the financial information prepared in conformity with generally accepted accounting principles in the U.S. ("GAAP"), this press release includes certain historical non-GAAP financial information. Management believes that these non-GAAP financial measures assist investors in making comparisons of period-to-period operating results and that, in some respects, these non-GAAP financial measures are more indicative of the Company's ongoing core operating performance than their GAAP equivalents.
Adjusted EBITDA is defined as net income (loss) before interest, taxes, depreciation and amortization, loss on patent litigation settlement, stock-based and other non-cash compensation, allowance for doubtful accounts, and gain on debt forgiveness. Management uses Adjusted EBITDA in its evaluation of the Company's core results of operations and trends between fiscal periods and believes that these measures are important components of its internal performance measurement process. Therefore, investors should consider non-GAAP financial measures in addition to, and not as a substitute for, or as superior to, measures of financial performance prepared in accordance with GAAP. Further, the non-GAAP financial measures presented by the Company may be different from similarly named non-GAAP financial measures used by other companies.
View original content to download multimedia:
SOURCE BIOLASE, Inc. | https://www.nbc12.com/prnewswire/2022/08/11/biolase-delivers-34-revenue-growth-year-over-year-second-quarter/ | 2022-08-11T21:44:37Z | https://www.nbc12.com/prnewswire/2022/08/11/biolase-delivers-34-revenue-growth-year-over-year-second-quarter/ | true | 11 |
US justice department asks court to unseal Trump search warrant
Attorney-general Merrick Garland says there is 'substantial public interest in the matter'
Washington — The US justice department asked a judge on Thursday to make public the warrant that authorised an FBI search of Donald Trump’s Florida home, after the former president attacked the search as an act of political retribution.
Attorney-general Merrick Garland confirmed for the first time that agents had searched Trump’s Mar-a-Lago resort in Palm Beach. The search is part of an investigation into whether he illegally removed records from the White House as he was leaving office.
Garland, the nation’s top law enforcement official, said he had personally approved the decision to order the search.
His confirmation was highly unusual, since US law enforcement typically does not discuss ongoing investigations. But it came after Trump himself announced the search on Monday night, alleging that it was an act of political retribution by Democratic President Joe Biden.
Garland said the justice department had asked a court to publish a sealed search warrant “in light of the former president’s public confirmation of the search, the surrounding circumstances and the substantial public interest in this matter”.
It was not clear whether Trump’s legal team would object to the release of the warrant, which could shed light on the nature of the investigation.
In a statement on his Truth Social network, Trump said: “My attorneys and representatives were co-operating fully, and very good relationships had been established. The government could have had whatever they wanted, if we had it.”
Escalation
The unprecedented search marked a significant escalation in one of the many federal and state probes Trump is facing from his time in office and in private business.
FBI agents visited Trump’s property earlier this year to investigate boxes in a locked storage room, according to a person familiar with the visit. The agents and a Trump lawyer, Evan Corcoran, spent a day reviewing materials, the source said. A second source who had been briefed on the matter told Reuters that the department also has surveillance footage from Mar-a-Lago in its possession.
Garland’s department has faced fierce criticism and online threats this week following the search. Trump supporters, and some of his fellow Republicans in Washington, have accused Democrats of weaponising the federal bureaucracy to target Trump.
The FBI said an armed person had tried to breach its office in Cincinnati early on Thursday in what it called a “critical incident”. Local law enforcement said officers traded shots with a male suspect wearing body armour.
Attacks
Garland condemned the attacks on employees of the FBI and justice department. “I will not stand by silently when their integrity is unfairly attacked,” he said.
Some Democrats, meanwhile, have criticised Garland for being overly cautious in investigating Trump over his attempts to overturn his 2020 election loss to Biden.
Republican reaction to Garland split between those ready to attack the attorney-general and the FBI for the Trump search and others who warned against rhetoric that could undermine federal law enforcement.
“I have been ashamed to hear members of my party attacking the integrity of the FBI agents,” representative Liz Cheney, the Republican vice-chair of the House committee investigating the January 6 2021, attack on the US Capitol by Trump supporters, wrote on Twitter. “These are sickening comments that put the lives of patriotic public servants at risk.”
Republican senator John Cornyn mocked Garland for suggesting the search could have been conducted quietly.
“Who would possibly believe that an application and issuance of search warrant for a former president’s home and subsequent search could be done 'quietly?'” the Texas Republican asked on Twitter.
Reuters
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting. | https://www.businesslive.co.za/bd/world/americas/2022-08-11-us-justice-department-asks-court-to-unseal-trump-search-warrant/ | 2022-08-11T21:48:51Z | https://www.businesslive.co.za/bd/world/americas/2022-08-11-us-justice-department-asks-court-to-unseal-trump-search-warrant/ | true | 3 |
HOUSTON, Aug. 11, 2022 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLXE", the "Company", "we", "us" or "our") today reported financial results for the second quarter ended June 30, 2022. We also make reference to the three months ended June 30, 2021 ("Pro Forma Prior Year Second Quarter").
- Revenue of $184.4 million, increased 21% sequentially
- Generated net loss of $7.5 million, a 62% improvement sequentially
- Adjusted EBITDA of $17.4 million, increased 255% sequentially
- Available liquidity at June 30, 2022 increased $2.0 million, or 4%, sequentially
- Ended the quarter with $56.6 million of available liquidity, consisting of $31.5 million of cash and $25.1 million of available borrowing capacity on the June 30, 2022 ABL Facility Borrowing Base Certificate (net of $14.1 million fixed charge coverage ratio ("FCCR") holdback)
See "Non-GAAP Financial Measures" at the end of this release for a discussion of Adjusted EBITDA, Adjusted EBITDA margin, free cash flow, net working capital and their reconciliation to the most directly comparable financial measure calculated and presented in accordance with U.S. generally accepted accounting principles ("GAAP"). We have not provided reconciliations of our future expectations as to Adjusted EBITDA or Adjusted EBITDA margin as such reconciliation is not available without unreasonable efforts. In addition, for comparative purposes, we have also presented Pro Forma Operating Income (Loss) and Adjusted EBITDA for the three months ended June 30, 2021 in the Additional Selected Operating Data section below.
Chris Baker, President and Chief Executive Officer of KLXE, stated, "We are excited about our second quarter results and the overall strength of the oilfield service market despite the volatility in commodity prices. I am very proud of our team and we are now beginning to see the fruits of our labor over the last 24 months. Driven by the continued improvement in pricing and customer activity, we expect third quarter sequential revenue growth of 9% to 13% and third quarter Adjusted EBITDA margin of 10% to 12%. We are now approaching our goal of returning KLXE to positive free cash flow and believe we may achieve this goal in the second half of 2022."
Revenue for the second quarter of 2022 totaled $184.4 million, an increase of 21% compared to first quarter revenue of $152.3 million. The increase in revenue reflects the increase in activity and pricing across all geographic segments and product service lines. On a product line basis, drilling, completion, production and intervention services contributed approximately 28.2%, 49.8%, 11.9% and 10.1%, respectively, to revenues for the second quarter 2022.
Net loss for the second quarter of 2022 was $7.5 million, compared to first quarter net loss of $19.9 million. Adjusted EBITDA for the second quarter of 2022 was up 255% to $17.4 million compared to first quarter Adjusted EBITDA of $4.9 million.
The Company reports revenue, operating income and Adjusted EBITDA through three geographic business segments: Rocky Mountains, Southwest and Northeast/Mid-Con.
- Rocky Mountains: Revenue, operating income and Adjusted EBITDA for the Rocky Mountains segment was $53.1 million, $4.0 million and $9.3 million, respectively, for the second quarter of 2022. Revenue represents a 23% increase over the first quarter of 2022 largely driven by an increase in activity and pricing throughout the DJ Basin, Wyoming and Bakken in coiled tubing, directional drilling, rentals, fishing and wireline.
- Southwest: Revenue, operating income and Adjusted EBITDA for the Southwest segment, which includes the Permian and South Texas, was $60.0 million, $2.0 million and $6.4 million, respectively, for the second quarter of 2022. Revenue represents a 16% increase over the first quarter of 2022 largely driven by an increase in activity and pricing across a majority of our product service lines, with directional drilling, coiled tubing and wireline experiencing the largest increases.
- Northeast/Mid-Con: Revenue, operating income and Adjusted EBITDA for the Northeast/Mid-Con segment was $71.3 million, $7.3 million and $11.1 million, respectively, for the second quarter of 2022. Revenue represents a 25% increase over the first quarter of 2022 largely due to sequential improvement in activity and pricing across pressure pumping, rentals, coiled tubing and fishing services across the region.
The following is a tabular summary of revenue, operating income (loss) and Adjusted EBITDA for the second quarter ended June 30, 2022 and first quarter ended March 31, 2022 ($ in millions).
Total debt outstanding as of June 30, 2022 was $295.4 million, compared to $274.8 million as of December 31, 2021. The increase in total debt was driven by additional borrowing on our ABL Facility as well as amortization of debt issuance costs. As of June 30, 2022, cash and cash equivalents totaled $31.5 million. Total liquidity as of June 30, 2022 was $70.7 million and available liquidity was $56.6 million, including net availability of $25.1 million available on the June 30, 2022 ABL Facility Borrowing Base Certificate, net of $14.1 million FCCR holdback. The Senior Secured Notes bear interest at an annual rate of 11.5%, payable semi-annually in arrears on May 1st and November 1st. Accrued interest as of June 30, 2022 was $4.8 million for the Senior Secured Notes and $0.5 million related to the ABL Facility. The Company has continued discussions with lenders around various refinancing options, including amending and extending its current ABL Facility.
Net working capital as of June 30, 2022 was $51.3 million, which was up 12% from March 31, 2022 levels. The increase in net working capital was largely driven by the 21% increase in revenue, although we were able to offset the investment by reducing days sales outstanding by 4% to approximately 60 days and at the same time modestly increasing days payable outstanding.
Capital expenditures were $7.8 million during the second quarter of 2022, an increase of $2.0 million, or 34% compared to capital expenditures of $5.8 million in the first quarter of 2022. Capital spending during the second quarter was driven primarily by maintenance capital expenditures across our segments. KLXE continues to expect fiscal year 2022 capital spending to be between $25.0 and $30.0 million and will be primarily focused on maintenance capital spending. As of June 30, 2022, we had $6.3 million of assets held for sale related to real property and equipment in the Rocky Mountains and Southwest segments. We expect $1.5 million of these sales to close during the third quarter of 2022.
- 9% to 13% revenue growth from second quarter to third quarter
- Third quarter Adjusted EBITDA margin of 10% to 12%
- Increasing full year 2022 revenue guidance to a range of $730.0 million to $750.0 million
KLXE has scheduled a conference call for 9:00 a.m. Central Time (10:00 a.m. Eastern Time) on Friday, August 12, 2022, to review reported results. You may access the call by telephone at 1-201-389-0867 and ask for the KLXE 2022 Second Quarter Conference Call. The webcast of the call may also be accessed through the Investor Relations section of the Company's website at https://investor.klxenergy.com/events-and-presentations/events. A replay of the call can be accessed on the Company's website for 90 days and will be available by telephone through August 26, 2022, at 1-201-612-7415, access code 13731739#. Please submit any questions for management prior to the call via email to KLXE@dennardlascar.com.
KLXE is a growth-oriented provider of diversified oilfield services to leading onshore oil and natural gas exploration and production companies operating in both conventional and unconventional plays in all of the active major basins throughout the United States. The Company delivers mission critical oilfield services focused on drilling, completion, production, and intervention activities for technically demanding wells from over 60 service and support facilities located throughout the United States. KLXE's complementary suite of proprietary products and specialized services is supported by technically skilled personnel and a broad portfolio of innovative in-house manufacturing, repair and maintenance capabilities. More information is available at www.klxenergy.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements to encourage companies to provide prospective information to investors. This news release (and any oral statements made regarding the subjects of this release, including on the conference call announced herein) includes forward-looking statements that reflect our current expectations and projections about our future results, performance and prospects. Forward-looking statements include all statements that are not historical in nature and are not current facts. When used in this news release (and any oral statements made regarding the subjects of this release, including on the conference call announced herein), the words "believe," "expect," "plan," "intend," "anticipate," "estimate," "predict," "potential," "continue," "may," "might," "should," "could," "will" or the negative of these terms or 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 with respect to, among other things: our operating cash flows; the availability of capital and our liquidity; our ability to renew and refinance our debt; our future revenue, income and operating performance; our ability to sustain and improve our utilization, revenue and margins; our ability to maintain acceptable pricing for our services; future capital expenditures; our ability to finance equipment, working capital and capital expenditures; our ability to execute our long-term growth strategy and to integrate our acquisitions; our ability to successfully develop our research and technology capabilities and implement technological developments and enhancements; and the timing and success of strategic initiatives and special projects.
Forward-looking statements are not assurances of future performance and actual results could differ materially from our historical experience and our present expectations or projections. These forward-looking statements are based on management's current expectations and beliefs, forecasts for our existing operations, experience, expectations and perception of historical trends, current conditions, anticipated future developments and their effect on us and other factors believed to be appropriate. Although management believes the expectations and assumptions reflected in these forward-looking statements are reasonable as and when made, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all). Our forward-looking statements involve significant risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. Known material factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, risks associated with the following: a decline in demand for our services, including due to the ongoing COVID-19 pandemic, declining commodity prices, overcapacity and other competitive factors affecting our industry; the cyclical nature and volatility of the oil and gas industry, which impacts the level of exploration, production and development activity and spending patterns by E&P companies; a decline in, or substantial volatility of, crude oil and gas commodity prices, which generally leads to decreased spending by our customers and negatively impacts drilling, completion and production activity; inflation; increases in interest rates; the ongoing war in Ukraine; supply chain issues; and other risks and uncertainties listed in our filings with the U.S. Securities and Exchange Commission, including our Current Reports on Form 8-K that we file from time to time, Quarterly Reports on Form 10-Q and Transition Report on Form 10-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except as required by law.
Contacts: KLX Energy Services Holdings, Inc.
Keefer M. Lehner, EVP & CFO
832-930-8066
IR@klxenergy.com
Dennard Lascar Investor Relations
Ken Dennard / Natalie Hairston
713-529-6600
KLXE@dennardlascar.com
KLX Energy Services Holdings, Inc.
Additional Selected Operating Data
(Unaudited)
Non-GAAP Financial Measures
This release includes Adjusted EBITDA, free cash flow, and net working capital measures. Each of the metrics are "non-GAAP financial measures" as defined in Regulation G of the Securities Exchange Act of 1934.
Adjusted EBITDA is a supplemental non-GAAP financial measure that is used by management and external users of our financial statements, such as industry analysts, investors, lenders and rating agencies. Adjusted EBITDA is not a measure of net earnings or cash flows as determined by GAAP. We define Adjusted EBITDA as net earnings (loss) before interest, taxes, depreciation and amortization, further adjusted for (i) goodwill and/or long-lived asset impairment charges, (ii) stock-based compensation expense, (iii) restructuring charges, (iv) transaction and integration costs related to acquisitions, (v) costs incurred related to the COVID-19 pandemic and (vi) other expenses or charges to exclude certain items that we believe are not reflective of ongoing performance of our business. Adjusted EBITDA is used to calculate the Company's leverage ratio, consistent with the terms of the Company's ABL Facility.
We believe Adjusted EBITDA is useful because it allows us to more effectively evaluate our operating performance and compare the results of our operations from period to period without regard to our financing methods or capital structure. We exclude the items listed above in arriving at Adjusted EBITDA because these amounts can vary substantially from company to company within our industry depending upon accounting methods and book values of assets, capital structures and the method by which the assets were acquired. Adjusted EBITDA should not be considered as an alternative to, or more meaningful than, net income as determined in accordance with GAAP, or as an indicator of our operating performance or liquidity. Certain items excluded from Adjusted EBITDA are significant components in understanding and assessing a company's financial performance, such as a company's cost of capital and tax structure, as well as the historic costs of depreciable assets, none of which are components of Adjusted EBITDA. Our computations of Adjusted EBITDA may not be comparable to other similarly titled measures of other companies.
We define free cash flow as net cash provided by operating activities less capital expenditures and proceeds from sale of property and equipment. Our management uses free cash flow to assess the Company's liquidity and ability to repay maturing debt, fund operations and make additional investments. We believe that free cash flow provides useful information to investors because it is an important indicator of the Company's liquidity, including its ability to reduce net debt, make strategic investments and repurchase stock.
Net working capital is calculated as current assets, excluding cash, less current liabilities, excluding accrued interest and finance lease obligations. We believe that net working capital provides useful information to investors because it is an important indicator of the Company's liquidity.
The following tables present a reconciliation of the non-GAAP financial measures of Adjusted EBITDA and free cash flow to the most directly comparable GAAP financial measure for the periods indicated:
The following table presents a reconciliation of the non-GAAP financial measure of free cash flow to the most directly comparable GAAP financial measure for the periods indicated:
The following table presents a reconciliation of the non-GAAP financial measure of net working capital to the most directly comparable GAAP financial measure for the periods indicated:
View original content:
SOURCE KLX Energy Services Holdings, Inc. | https://www.wjhg.com/prnewswire/2022/08/11/klx-energy-services-holdings-inc-reports-strong-second-quarter-2022-results/ | 2022-08-11T21:55:40Z | https://www.wjhg.com/prnewswire/2022/08/11/klx-energy-services-holdings-inc-reports-strong-second-quarter-2022-results/ | false | 21 |
Jacksonville woman admits to killing elderly mother with metal baseball bat, police say
A Jacksonville woman has been arrested after the Jacksonville Sheriff’s Office says she admitted to killing her elderly mother with a metal baseball bat.
Tammy Spruell, 51, is charged with second-degree murder, according to police.
>>> STREAM ACTION NEWS JAX LIVE <<<
[DOWNLOAD: Free Action News Jax app for alerts as news breaks]
Police say they responded to a house on Tortosa Court on Jacksonville’s westside Monday for a reported suicidal person.
According to a report, witnesses told police that Spruell said “her life no longer has any value” before getting into her car and leaving.
That’s when police went inside the home and found the decomposing body of Spruell’s mother, Beryl Spruell, who was in her 70s.
The report says back in March, a man went to the home after Spruell complained of water coming up from the floor. That man told police while he was there, he noticed the master bedroom door was closed.
The report says Spruell told the man, “My mother is sleeping, and we do not disturb her.”
Read: Two Jacksonville couples arrested for child neglect after infants test positive for fentanyl
According to the report, when police searched the home Monday, they saw what appeared to be blood spatter on the door and a trail of blood leading to Spruell’s mother. It’s unclear from the police report when the killing occurred or how long the victim’s body was left there.
The report says during the investigation, police stopped Spruell in her car and took her into custody.
In an interview, police say Spruell admitted to killing her mother with a metal baseball bat, saying she struck her mother in the face and continued to strike her.
The report says Spruell dragged her mother into the bathroom and covered her face, leaving her on the floor.
Neighbors didn’t want to go on camera Thursday. One neighbor said she finds the incident very disturbing.
Action News Jax also reached out to the man who visited Spruell back in March; we’re waiting for a response.
[SIGN UP: Action News Jax Daily Headlines Newsletter]
Click here to download the free Action News Jax news and weather apps, click here to download the Action News Jax Now app for your smart TV and click here to stream Action News Jax live. | https://news.yahoo.com/jacksonville-woman-admits-killing-elderly-203546999.html | 2022-08-11T21:56:10Z | https://news.yahoo.com/jacksonville-woman-admits-killing-elderly-203546999.html | false | 1 |
WHEATON PRECIOUS METALS DECLARES QUARTERLY DIVIDEND
TSX | NYSE | LSE: WPM
DIVIDEND DECLARATION
VANCOUVER, BC, Aug. 11, 2022 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its third quarterly cash dividend payment for 2022 of US$0.15 per common share.
Third Quarterly Dividend
The third quarterly cash dividend for 2022 of US$0.15 will be paid to holders of record of Wheaton common shares as of the close of business on August 26, 2022 and will be distributed on or about September 8, 2022. The ex-dividend trading date is September 7, 2022.
Under the Company's revised dividend policy, for the 2022 calendar year, the quarterly dividend per common share is targeted to equal the greater of 30% of the average cash generated by operating activities in the previous four quarters divided by the Company's then outstanding common shares, all rounded to the nearest cent and the dividend declared in the prior quarter. To minimize volatility in quarterly dividends, the Company has set a minimum quarterly dividend for the duration of 2022 equal to the dividend per common share declared in the prior quarter.
The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes.
Dividend Reinvestment Plan
The Company has previously implemented a Dividend Reinvestment Plan ("DRIP"). Participation in the DRIP is optional. For the purposes of this quarterly dividend, the Company has elected to issue common shares under the DRIP through treasury at a 1% discount to the Average Market Price, as defined in the DRIP. However, the Company may, from time to time, in its discretion, change or eliminate the discount applicable to Treasury Acquisitions, as defined in the DRIP, or direct that such common shares be purchased in Market Acquisitions, as defined in the DRIP, at the prevailing market price, any of which would be publicly announced.
The DRIP and enrollment forms, including direct deposit, are available for download on the Company's website at www.wheatonpm.com, in the 'investors' section under the 'dividends' tab.
Registered shareholders may also enroll in the DRIP online through the plan agent's self-service web portal at: https://tsxtrust.com/DRIP
Beneficial shareholders should contact their financial intermediary to arrange enrollment. All shareholders considering enrollment in the DRIP should carefully review the terms of the DRIP and consult with their advisors as to the implications of enrollment in the DRIP.
This press release is not an offer to sell or a solicitation of an offer of securities. A registration statement relating to the DRIP has been filed with the U.S. Securities and Exchange Commission and may be obtained under the Company's profile on the U.S. Securities and Exchange Commission's website at http://www.sec.gov. A written copy of the prospectus included in the registration statement may be obtained by contacting the Corporate Secretary of the Company at 1021 West Hastings Street, Suite 3500, Vancouver, British Columbia, Canada V6E 0C3.
CAUTIONARY NOTE REGARDING FORWARD LOOKING-STATEMENTS
This press release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation concerning the business, operations and financial performance of Wheaton. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to, statements with respect to future dividends. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Wheaton to be materially different from those expressed or implied by such forward-looking statements including risks discussed in the section entitled "Description of the Business – Risk Factors" in Wheaton's Annual Information Form available on SEDAR at www.sedar.com and Wheaton's Form 40-F for the year ended December 31, 2021 and Form 6-K filed March 31, 2022 both on file with the U.S. Securities and Exchange Commission on EDGAR. Forward-looking statements are based on assumptions management currently believes to be reasonable, including (without limitation) that there will be no material adverse change in the market price of commodities, that the mining operations from which Wheaton purchases precious metals will continue to operate, that each party will satisfy their obligations in accordance with the precious metals purchase agreements, that neither Wheaton nor the Mining Operations will suffer significant impacts as a result of an epidemic (including the COVID-19 virus pandemic) and that Wheaton's application of the CRA Settlement for years subsequent to 2010 is accurate (including the Company's assessment that there will be no material change in the Company's facts or change in law or jurisprudence for years subsequent to 2010) and possible domestic audits for taxation years subsequent to 2016 and international audits.
SOURCE Wheaton Precious Metals Corp. | https://www.prnewswire.com/news-releases/wheaton-precious-metals-declares-quarterly-dividend-301604684.html | 2022-08-11T21:57:55Z | https://www.prnewswire.com/news-releases/wheaton-precious-metals-declares-quarterly-dividend-301604684.html | true | 37 |
Spokane doctor accused in kidnapping for hire plot pleads guilty
SPOKANE, Wash. - A Spokane medical doctor accused of hiring someone on the dark web to kidnap his estranged wife pleaded guilty Wednesday to two counts of threats in interstate commerce as part of a plea deal.
Ronald Ilg, who has been a licensed physician in Washington state since 2003, originally pleaded not guilty to one count of attempted kidnapping in May 2021, KREM-TV reported.
As a result of his guilty pleas Wednesday, charges of cyberstalking, attempted kidnapping, damage to a computer and witness tampering were dismissed.
Ilg’s estranged wife in 2021 gave investigators text messages in which she accused him of trying to hire someone to carry out a week-long kidnapping, while he was in Mexico, court documents said.
During an interview with the FBI, Ilg denied the allegations.
In February 2021, court documents say Ilg used the moniker Scar215 to offer a hitman Bitcoin to assault a former employee of his by breaking his hand.
In late March and early April 2021, Ilg reportedly used the same moniker to seek out a person to kidnap, assault, drug and extort his estranged wife.
According to court documents, Ilg offered a bonus if the goals of getting her to halt court proceedings, getting back together with him, planting drugs in her home, giving her drugs and taking photos of her doing drugs, were met.
Ilg gave the woman’s schedule and where she worked in the messages and was eager to get the ball rolling in the scheme, according to court documents. Ilg also warned that kidnapping her when she had the children would be a bad idea because it would be publicized, according to court documents.
RELATED: Murder-for-hire plot exposed when hitman turns out to be undercover agent
He said $40,000 in Bitcoin would be available for whomever carried out the kidnapping, documents said.
The FBI was able to identify Ilg by obtaining account records from Coinbase.com, which was used in the alleged transactions. The account was under Ilg’s name and included his phone number, email address and social security number, according to documents. Altogether, Ilg reportedly transferred more than $56,000 for the attacks, documents said.
According to documents, the FBI executed a search warrant at Ilg’s home on April 11, 2021, where they found a note with the moniker ‘Scar215’ and a password.
Ilg faces up to 10 years in prison when sentenced in November. | https://www.q13fox.com/news/spokane-doctor-accused-in-kidnapping-for-hire-plot-pleads-guilty | 2022-08-11T21:58:21Z | https://www.q13fox.com/news/spokane-doctor-accused-in-kidnapping-for-hire-plot-pleads-guilty | false | 16 |
Comments / 0
Related
weather.gov
Flood Warning issued for Stephenson by NWS
Effective: 2022-08-11 15:40:00 CDT Expires: 2022-08-13 04:36:00 CDT Urgency: Expected Severity: Moderate Certainty: Likely Instruction: Turn around, don`t drown when encountering flooded roads. Most flood deaths occur in vehicles. Motorists should not attempt to drive around barricades or drive cars through flooded areas. Stay tuned to further developments by listening to your local radio, television, or NOAA Weather Radio for further information. Additional information is available at www.weather.gov/quadcities. The next statement will be issued this evening. Target Area: Stephenson The Flood Warning continues for the following rivers in Illinois Pecatonica River at Freeport affecting Stephenson County. FLOOD WARNING REMAINS IN EFFECT UNTIL EARLY SATURDAY MORNING * WHAT...Moderate flooding is occurring and moderate flooding is forecast. * WHERE...Pecatonica River at Freeport. * WHEN...Until early Saturday morning. * IMPACTS...At 15.0 feet, Some street closures begin north and south of Illinois Highway 75 and water affects many back yards in Freeport east of the Pecatonica River. Water begins to reach Illinois Highway 75 at the southeast corner of Taylor Park. * ADDITIONAL DETAILS - At 2:30 PM CDT Thursday the stage was 14.7 feet. - Forecast...The river is expected to fall below flood stage late tomorrow morning and continue falling to 8.4 feet Thursday morning. - Flood stage is 13.0 feet. | https://www.newsbreak.com/news/2696597933796/flood-advisory-issued-for-de-kalb-by-nws | 2022-08-11T21:58:33Z | https://www.newsbreak.com/news/2696597933796/flood-advisory-issued-for-de-kalb-by-nws | false | 5 |
Technology investments & operational focus expected to drive Adjusted EBITDA profitability in 2024
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE:UP) today announced financial results for the second quarter, which ended June 30, 2022.
Second Quarter 2022 Highlights
- Revenue increased 49% year-over-year to $425.5 million
- Strong demand with prepaid block sales up 187% year-over-year
- Active Members grew 20% year-over-year to 12,667 in total
- Live Flight Legs increased 19% year-over-year to 21,705 in total
- Net loss increased by $63.8 million year-over-year to a net loss of $92.8 million
- Adjusted EBITDA decreased by $38.4 million year-over-year to a loss of $46.9 million
"Our strong market position and iconic brand helped drive record revenue in the second quarter, and another quarter of growth in prepaid blocks speaks both to the steadfast loyalty of our member base, and the continued consumer demand for private aviation," said Chairman and CEO Kenny Dichter. "Air Partner is off to a strong start in its first quarter as part of our company, and we are already seeing the benefits of having a global footprint. Our team is moving quickly to enhance our technology-enabled marketplace platform which we expect will provide us with a significant competitive advantage."
"We continue to invest in technology and other areas of the business to drive improvement in our execution and operational capabilities," said Todd Smith, CFO. "We remain focused on delivering great service for our members and customers during our journey towards significant and sustainable profitability for our shareholders."
Recent Initiatives
- Entire Wheels Up controlled fleet now managed through UP FMS that aggregates the data for all flight operations under one consolidated dashboard. This platform sets the company on the path to fully automate aircraft and crew scheduling and more effectively and efficiently manage daily operations and shape demand.
- Continuing to make progress to streamline operations. Combined with the previously communicated efforts around certificate consolidation, these efforts will enhance the company's operational effectiveness and efficiency as well as customer service and are part of the plan to achieve positive Adjusted EBITDA in 2024.
- Exceeded pilot hiring targets. The company is continuing to make progress on pilot training and investing in maintenance hiring and capabilities to improve overall fleet availability.
Financial and Operating Highlights
For the second quarter:
- Active Members grew 20% year-over-year to 12,667 driven by strong new member sales and existing membership retention.
- Active Users grew 16% to 13,119 year-over-year primarily driven by the growth in Active Members.
- Live Flight Legs increased by 19% year-over-year to 21,705 with strong flight demand across all cabin classes driven by the growth in Active Members and the acquisition of Air Partner.
- Flight revenue per Live Flight Leg was $13,088, up 12% year-over-year, and up 16% year-over-year excluding Air Partner. The increase was the result of the introduction of fuel surcharges, higher pricing, and a higher mix of larger cabin flying.
- Revenue increased 49% year-over-year driven by strong flight demand.
- Net loss increased by $63.8 million due to several factors, including a decrease in Adjusted Contribution Margin caused by supply constraints and increased operating costs, as well as an increase in equity-based compensation expense, including a broad-based equity grant to the Wheels Up employee pilots.
- Adjusted EBITDA loss of $46.9 million decreased $38.4 million year-over-year, due primarily to lower Adjusted Contribution Margin.
Webcast and Conference Call Information
A conference call with management will be held today at 4:30 pm ET. To access a live webcast of the conference call and any supporting materials please visit the Wheels Up investor site (www.wheelsup.com/investors). The site will include an archive of this webcast and supporting materials as well as any announcements regarding the Company's financial performance, including U.S. Securities and Exchange Commission (the "SEC") filings, investor events, press and earnings releases.
About Wheels Up
Wheels Up is the leading provider of on-demand private aviation in the U.S. and one of the largest private aviation companies in the world. Wheels Up offers a complete global aviation solution with a large, modern and diverse fleet, backed by an uncompromising commitment to safety and service. Customers can access membership programs, charter and aircraft management services—as well as unique commercial travel benefits through a strategic partnership with Delta Air Lines Inc. The Wheels Up Services brands also offer freight, safety & security solutions and managed services to individuals, industry, government and civil organizations.
Wheels Up is guided by the mission to connect flyers to private aircraft—and one another—and deliver exceptional, personalized experiences. Powered by a global private aviation marketplace connecting its growing base of 12,000+ members and customers to a network of more than 1,500 safety-vetted and verified private aircraft, Wheels Up is widening the aperture of private travel for millions of consumers globally. With the Wheels Up mobile app, members and customers have the digital convenience to search, book and fly. Wheels Up is committed to aligning with philanthropic organizations that matter most to our company, members, customers, families and friends. Through the Wheels Up Cares program, a Wheels Up Beechcraft King Air 350i aircraft is custom-designed to represent the established cause and is a flying symbol of each charity's mission. Headquartered in New York City, Wheels Up has office locations in 25 cities and towns across three continents and a workforce of nearly 2,700 employees.
To learn more about Wheels Up, go to wheelsup.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the federal securities laws. These forward-looking statements include, but are not limited to, statements regarding Wheels Up's expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding: (i) the size, demands and growth potential of the markets for Wheels Up's products and services and Wheels Up's ability to serve those markets, (ii) the degree of market acceptance and adoption of Wheels Up's products and services, (iii) Wheels Up's ability to develop innovative products and services and compete with other companies engaged in the private aviation industry, (iv) Wheels Up's ability to attract and retain customers and (v) general economic and geopolitical conditions, including due to fluctuations in interest rates, inflation, foreign currencies, consumer and business spending decisions, and general levels of economic activity. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "strive," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Wheels Up's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Additional factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in the Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC by Wheels Up on March 10, 2022, and other documents filed by Wheels Up from time to time with the SEC. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Wheels Up undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. We do not give any assurance that Wheels Up will achieve its expectations.
Use of Non-GAAP Financial Measures
This press release includes certain non-GAAP financial measures such as Adjusted EBITDA, Adjusted Contribution, and Adjusted Contribution Margin. These non-GAAP financial measures are an addition, and not a substitute for or superior to, measures of financial performance prepared in accordance with generally accepted accounting principles in the United States ("U.S. GAAP") and should not be considered as an alternative to net income (loss), operating income (loss) or any other performance measures derived in accordance with U.S. GAAP. Reconciliations of non-GAAP financial measures to their most directly comparable U.S. GAAP counterparts are included in the "Reconciliations of Non-GAAP Financial Measures" section herein to this earnings press release. Wheels Up believes that these non-GAAP financial measures of financial results provide useful supplemental information to investors about Wheels Up. However, there are a number of limitations related to the use of these non-GAAP financial measures and their nearest U.S. GAAP equivalents, including that they exclude significant expenses that are required by U.S. GAAP to be recorded in Wheels Up's financial measures. In addition, other companies may calculate non-GAAP financial measures differently, or may use other measures to calculate their financial performance, and therefore, Wheels Up's non-GAAP financial measures may not be directly comparable to similarly titled measures of other companies. Additionally, to the extent that forward-looking non-GAAP financial measures are provided, they are presented on a non-GAAP basis without reconciliations of such forward-looking non-GAAP financial measures due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliations.
For more information on these non-GAAP financial measures, see the sections titled "Definitions of Key Operating Metrics and Non-GAAP Financial Measures" and "Reconciliations of Non-GAAP Financial Measures" included at the end of this earnings press release.
Contacts
Investors:
ir@wheelsup.com
Media:
press@wheelsup.com
Definitions of Key Operating Metrics and Non-GAAP Financial Measures
We report certain key financial measures that are not required by, or presented in accordance with, U.S. GAAP. These non-GAAP financial measures are an addition, and not a substitute for or superior to, measures of financial performance prepared in accordance with U.S. GAAP and should not be considered as an alternative to any performance measures derived in accordance with U.S. GAAP. We believe that these non-GAAP financial measures of financial results provide useful supplemental information to investors, about Wheels Up. However, there are a number of limitations related to the use of these non-GAAP financial measures and their nearest U.S. GAAP equivalents, including that they exclude significant expenses that are required by U.S. GAAP to be recorded in Wheels Up's financial measures. In addition, other companies may calculate non-GAAP financial measures differently, or may use other measures to calculate their financial performance, and therefore, our non-GAAP financial measures may not be directly comparable to similarly titled measures of other companies.
Definitions of Key Operating Metrics
Active Members. We define Active Members as the number of Connect, Core, and Business membership accounts that generated membership revenue in a given period and are active as of the end of the reporting period. We use Active Members to assess the adoption of our premium offerings which is a key factor in our penetration of the market in which we operate and a key driver of membership and flight revenue.
Active Users. We define Active Users as Active Members and legacy Wheels Up Private Jets jet card holders as of the reporting date plus unique non-member consumers who completed a revenue generating flight at least once in the given quarter and excludes wholesale flight activity. While a unique consumer can complete multiple revenue generating flights on our platform in a given period, that unique user is counted as only one Active User. We use Active Users to assess the adoption of our platform and frequency of transactions, which are key factors in our penetration of the market in which we operate and our growth in revenue.
Live Flight Legs. We define Live Flight Legs as the number of completed one-way revenue generating flight legs in a given period. The metric excludes empty repositioning legs and owner legs related to aircraft under management. We believe Live Flight Legs are a useful metric to measure the scale and usage of our platform, and our growth in flight revenue.
Definitions of Non-GAAP Financial Measures
Adjusted Contribution and Adjusted Contribution Margin. We calculate Adjusted Contribution as gross profit (loss) excluding depreciation and amortization and adjusted further for (i) equity-based compensation included in cost of revenue, (ii) acquisition and integration expense included in cost of revenue and (iii) other items included in cost of revenue that are not indicative of our ongoing operating performance. Adjusted Contribution Margin is calculated by dividing Adjusted Contribution by total revenue.
We include Adjusted Contribution and Adjusted Contribution Margin as supplemental measures for assessing operating performance. Adjusted Contribution and Adjusted Contribution Margin are used to understand our ability to achieve profitability over time through scale and leveraging costs. In addition, Adjusted Contribution and Adjusted Contribution Margin provides useful information for historical period-to-period comparisons of our business and to identify trends. Prior to issuing a broad-based equity grant for our pilots during the third quarter of 2021, equity-based compensation expense included in cost of revenue for prior periods was not significant.
Adjusted EBITDA. We calculate Adjusted EBITDA as net income (loss) adjusted for (i) interest income (expense), (ii) income tax expense, (iii) depreciation and amortization, (iv) equity-based compensation expense, (v) acquisition and integration related expenses, (vi) public company readiness related expenses, (vii) change in fair value of warrant liability and (viii) other items not indicative of our ongoing operating performance, including restructuring charges.
We include Adjusted EBITDA because it is a supplemental measure used by our management team for assessing operating performance. Adjusted EBITDA is used in conjunction with bonus program target achievement determinations, strategic internal planning, annual budgeting, allocating resources and making operating decisions. In addition, Adjusted EBITDA provides useful information for historical period-to-period comparisons of our business, as it removes the effect of certain non-cash expenses and variable amounts.
Reconciliations of Non-GAAP Financial Measures
Adjusted Contribution and Adjusted Contribution Margin
The following table reconciles Adjusted Contribution to gross profit (loss), which is the most directly comparable U.S. GAAP measure (in thousands, except percentages):
Adjusted EBITDA
The following table reconciles Adjusted EBITDA to net loss, which is the most directly comparable U.S. GAAP measure (in thousands):
The following tables reconcile Adjusted EBITDA to net loss, including the impact of reconciled items on individual income statement expense classifications (in thousands):
Supplemental Revenue Information
View original content to download multimedia:
SOURCE Wheels Up | https://www.kjct8.com/prnewswire/2022/08/11/wheels-up-announces-record-second-quarter-revenue-up-49-year-over-year/ | 2022-08-11T21:58:46Z | https://www.kjct8.com/prnewswire/2022/08/11/wheels-up-announces-record-second-quarter-revenue-up-49-year-over-year/ | true | 23 |
Comments / 0
Related
Video shows Patrick Lyoya shot in head by Michigan officer
GRAND RAPIDS, Mich. (AP) — A Black man face-down on the ground was fatally shot in the back of the head by a Michigan police officer, the violent climax of a traffic stop, brief foot chase and struggle over a stun gun, according to videos of the April 4 incident.
Musk makes $43 billion offer for Twitter to build 'arena for free speech'
April 14 (Reuters) - Billionaire entrepreneur Elon Musk took aim at Twitter Inc (TWTR.N) with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to grow and become a platform for free speech. "I think it's very...
Why Russia's looming offensive in eastern Ukraine might be different — and decisive
In the areas around Kyiv and throughout northern Ukraine, residents are counting the dead as officials clear streets of mines and the twisted frames of tanks from the battles their country has survived. But experts say Russia's war looks set to enter a potentially more brutal and focused phase in...
State legislature overrides governor's veto of 15-week abortion ban
The Kentucky state legislature overrode Gov. Andy Beshear’s veto of a bill banning abortion after 15 weeks along with several other abortion restrictions.
RELATED LOCAL CHANNELS
Subway shooting suspect had means to carry out more attacks: Prosecutors
The man accused of opening fire on a rush-hour subway train in Brooklyn was remanded following his first court appearance Thursday.
ABC News
Capitol riot defendant: I was following Trump's instructions
An Ohio man charged with storming the U.S. Capitol and stealing a coat rack testified that he joined thousands of protesters in ransacking the building last year on what he thought were orders from the president, Donald Trump. Dustin Byron Thompson, 38, of Columbus, Ohio, said Wednesday he took to...
Pfizer says booster in kids 5-11 produces ‘high’ immune response
Pfizer and BioNTech said Thursday that a third dose of their COVID-19 vaccine in children ages 5 to 11 produced a “high” immune response, and that they will apply for authorization for a booster dose in the age group soon. Pfizer said in a news release that a...
Mark Meadows removed from North Carolina voter rolls
Donald Trump’s former White House chief of staff Mark Meadows has been removed from North Carolina’s voter rolls, according to the State Board of Elections. Meadows is also being investigated for allegations of voter fraud, the State Bureau of Investigation said. The decision to remove the former North...
IN THIS ARTICLE
EXPLAINER: Why the term ‘genocide’ matters in Ukraine war
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/2696600043258/heat-advisory-issued-for-central-penobscot-central-washington-coastal-hancock-by-nws | 2022-08-11T22:01:15Z | https://www.newsbreak.com/news/2696600043258/heat-advisory-issued-for-central-penobscot-central-washington-coastal-hancock-by-nws | false | 12721 |
DiamondsByMe has revealed the top engagement ring trends that are trending in 2022. From vintage nostalgia to gender neutral rings, these are the trends you need to know about if you’re thinking of popping that all important question.
Colour is making a comeback
It appears that many people are swapping out diamonds for coloured gemstones such as sapphires, emeralds, and rubies. If you’re looking to experiment with colour but don’t know where to start, consider choosing a gemstone of your partners favourite colour or perhaps their birthstone colour.
Vintage nostalgia
Most Popular
-
1
Parents and dog owners warned over toxic blue-green algae blooms at Bedford's Priory Country Park
-
2
Here are the 12 best places for brunch in and around Bedford
-
3
Ever wondered what these houses look like inside as you walk to Bedford train station?
-
4
These are the 10 best Chinese restaurants in Bedford according to TripAdvisor reviews
-
5
Five engagement rings that are trending now
Over the past 12 months, searches for ‘unique vintage engagement ring’ have seen a huge increase (89%). More people are looking to buy new rings that have vintage features. Diamond cuts, yellow gold double halo rings, as well as turquoise and blue enamel colours are all examples of what to look out for if you’re wanting that vintage look.
Sentimental pieces
Getting engaged is an extremely emotional time, and it can be made even more special when your ring incorporates inherited jewellery. From using gemstones from your grandmother’s engagement ring to re-purposing diamonds from your mothers’ favourite necklace; re-using gemstones of inherited jewellery is a trend that is become increasingly popular, which is no surprise as it comes with such a special sentiment.
Bespoke beauty
Search terms for ‘design your own engagement ring’ have increased by 100% over the past 12 months. When planning a proposal, it can be difficult to find that perfect ring, which is why it’s no surprise that many of those planning to propose are choosing to design their own.
DiamondsByMe revealed that more people are becoming comfortable with the idea of creating their own ring as they want it to be 100% their style.
Gender neutral rings
Trends suggest that more customers are beginning to gravitate towards gender neutral rings.
If you’re looking to propose, don’t be afraid to experiment and go with the option that you know your partner will truly adore, no matter what the style!
For more inspiration visit: https://www.diamondsbyme.co.uk/engagement-rings/ | https://www.bedfordtoday.co.uk/lifestyle/outdoors/five-engagement-rings-that-are-trending-now-3802510 | 2022-08-11T22:01:54Z | https://www.bedfordtoday.co.uk/lifestyle/outdoors/five-engagement-rings-that-are-trending-now-3802510 | false | 22 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nhl/edmonton-oilers/articles/40367392 | 2022-08-11T22:02:08Z | https://sportspyder.com/nhl/edmonton-oilers/articles/40367392 | false | null |
LUXEMBOURG, Aug. 11, 2022 /PRNewswire/ -- Adecoagro S.A. (NYSE: AGRO, Bloomberg: AGRO US, Reuters: AGRO.K), a leading sustainable production company in South America, announced today its results for the second quarter ended June 30, 2022. The financial information contained in this press release is based on unaudited condensed consolidated interim financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 32 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release.
Main highlights for the period:
- Net sales presented a year-over-year increase of 33.3% in 2Q22 and 27.6% in 6M22 on strong prices and a solid commercial strategy.
- Adjusted net income reached $44.0 million in 2Q22 and $58.7 million in 6M22, presenting an outperformance compared to the same period of last year.
Financial & Operational Highlights:
Sugar, Ethanol & Energy business
- Adjusted EBITDA in our Sugar, Ethanol & Energy business reached $104.4 million in 2Q22 and $161.6 million in 6M22, marking a year-over-year increase of 41.8% and 22.7%, respectively. In 6M22, financial results were positively impacted by (i) our flexibility to divert 80% of TRS to ethanol production, the product offering the highest marginal contribution; (ii) our commercial decision to clear out our ethanol tanks in April when prices peaked, marking a record sale of 125 thousand m3 at an average price of 26.4 cts/lb sugar equivalent (6.7 cts/lb higher than the average price for sugar); (iii) our capacity to export ethanol, which provides an outlet when domestic prices are pressured, and allowed us to capture a price premium of 60-80 USD/m3; (iv) our hedging strategy which enabled us to secure sugar at 19.5 cts/lb; and (v) a gain in the mark-to-market of our unharvested cane as a consequence of higher expected yields and prices. In addition, year-to-date we sold $7.1 million worth of carbon credits (average gross price of 21 USD/CBio). These positive effects were partially offset by an increase in costs mostly driven by fertilizers, fuels and lubricants, coupled with a reduction in crushing volume. EBITDA per ton crushed amounted to 31.6 USD/Tn in 2Q22 and 45.3 USD/Tn in 6M22, 49.2% and 90.9% higher compared to the same period of last year, respectively.
- In past releases, we shared our view on the potential implications of 2021's frost, in 2022's operational performance. We stated that:
- In line with our expectations, we entered into an interharvest period from December 2021 to mid-March 2022 to allow our sugarcane to continue to recover from the impact of the frost. In terms of productivity, yields were impacted during 6M22 but presented a gradual recovery, from a year-over-year reduction of 40.9% in 1Q22 to 24.5% in 2Q22. Lastly, we have accelerated our crushing pace to make up for the slow start of the year. Indeed in July 2022 we marked a new monthly record of 1.5 million tons crushed in our cluster. Our operational forecast for the year was designed with these events in mind and, seeing as our view has so far materialized, our forecast remains unchanged.
Farming & Land Transformation businesses
- Adjusted EBITDA in the Farming and Land Transformation business amounted to $20.0 million in 2Q22, marking a 38.4% or $12.5 million reduction compared to the same period of last year. The decline is fully explained by a lower contribution from our Crops and Rice businesses.
- Focusing on our year-to-date results, which offer better insight than a standalone quarter, Adjusted EBITDA was $55.6 million, 37.3% lower than the previous year. Lower Adjusted EBITDA generation was driven by our Rice and Crops businesses, which fully offset the improved performance in our Dairy business. Results were mainly impacted by higher costs and a mixed performance of yields and prices. Margins were pressured by the global inflationary environment which led to an overall increase in costs of agricultural inputs in U.S. dollars, including fertilizer, agrochemicals and diesel, as well as higher logistic costs, among others. In terms of yields, rice presented a 13% reduction (0.9 Tn/Ha) compared to the previous campaign as a consequence of La Niña weather effect, while peanut and corn second crop also performed below last year's average (4% and 11% lower, respectively). Regarding prices, while soybean, corn and wheat experienced a year-over-year increase, peanut and rice were 11% and 12% lower, respectively. In addition, rice prices at the time of harvest were 9% lower year-over-year which, together with the impact in yields, further contributed to a reduction in the mark-to-market of the biological asset.
Net Income & Adjusted Net Income
- Net Income amounted to $18.1 million during 2Q22, marking a $2.4 million increase compared to the same period of last year. This was mostly explained by higher year-over-year EBITDA generation, coupled with income tax gains of $10.5 million versus expenses of $44.6 million in 2Q21, partially offset by the effect of foreign exchange on our dollar-denominated monetary assets and liabilities (nominal depreciation of the Brazilian Real of 10.6% compared to an appreciation of 12.2% during 2Q21; nominal depreciation of the Argentine Peso of 4.0% compared to 12.8% during 2Q22). Net income for the first six months of the year reached $83.3 million, $48.3 million or 137.9% higher compared to the previous year. This was driven by the above mentioned impact on taxes coupled with the effect of inflation accounting (higher exposure of our negative net monetary position to an inflation rate of 36.2% in 6M22 compared to 25.3% in 6M21).
- Adjusted Net Income reached $44.0 million during 2Q22 and $58.7 million during the first semester, $57.8 million and $18.0 million higher than the previous year, respectively. We believe Adjusted Net Income is a more appropriate metric to reflect the Company's performance.
Remarks
Shareholder Distribution Policy Update
- During the first seven months of the year, we repurchased 2.7 million shares at an average price of $7.96 per share, totaling $21.3 million. Going forward we expect to continue repurchasing shares, in line with our commitment to generate long term value for our shareholders.
- On May 17th we made our first cash dividend payment of $17.5 million (approximately $0.1571 per share). The second installment shall be payable in or about November 2022 in an equal cash amount, resulting in an annual cash dividend of $35 million.
- Share repurchases and dividend distribution are part of the company's distribution policy, which consists of a minimum distribution of 40% of the Adjusted Free Cash Flow from Operations (NCFO) generated during the previous year. In 2021, we generated $152.1 million of NCFO.
2021 Sustainability Report
- On July 25th, we released our first Integrated Report, together with our audited 2021 Sustainability report. We prepared our reports following the Integrated Reporting Framework, GRI and SASB standards, and showing our contribution to the United Nation's 2030 Agenda.
- Highlights include (i) over 650 thousand tons of carbon (CO2e) sequestered in 2021; (ii) over 90% of energy consumed is self-generated and renewable - plus energy exports to the local grid are enough to power a city of 1.1 million people; (iii) over 6,600 new jobs created since origin; (iv) 45% reduction in accident frequency rate 2021 vs. 2019; (v) creation of the ESG Committee to continue integrating ESG into the company's overall strategy and bring these topics to the forefront of our agenda.
- Please visit our Sustainability micro website (https://sustainability.adecoagro.com/en) to access our reports and information on our sustainable business model.
Regulatory Scenario in Brazil
- The Brazilian government approved in June a package of measures (PLP 18) to reduce the tax burden on fuels until year-end. As gasoline has a heavier burden of PIS/COFINS and CIDE (federal taxes) and ICMS (state value added tax) compared to hydrous ethanol - its substitute at the pump - it became more attractive on relative terms. To restore ethanol's attractiveness, two amendments (PEC 15 & 16) were voted by the Congress in July. They guarantee that (i) for the next 20 years, the ICMS tax differential previously enjoyed by hydrous ethanol will be preserved; and (ii) a BRL 3.8 billion compensation fund will be distributed among states based on consumption. Specific details on how they will be applied are yet to be defined.
- We are in a solid position to face this scenario:
- During April we sold all of our ethanol inventories and year-to-date production, achieving a record sale of 125 thousand m3 at an average price of 26.4 cts/lb sugar equivalent.
- Our two mills in Mato Grosso do Sul can produce anhydrous ethanol. This product experienced an increase in demand, due to the 27% mandatory blend in gasoline, and now commands a 17%-18% price premium to hydrous ethanol. We have an installed capacity to produce an ethanol mix of up to 70% anhydrous ethanol (1,700 m3/day).
- We are one of the few players in Brazil certified to export anhydrous ethanol and who can reach the level of purity required in Europe. This competitive advantage enables us to capture a price premium over domestic prices. So far we have exported 20% of our production to Europe, at a premium of 300-400 BRL/m3 (approximately 60-80 USD/m3).
- Our ethanol storage capacity amounts to 267 thousand m3, enough to carry-over our production until year-end when supply is limited and prices increase. This flexibility reduces our exposure to spot prices.
Non-Gaap Financial Measures: For a full reconciliation of non-gaap financial measures please refer to page 32 of our 2Q22 Earnings Release found on Adecoagro's website (ir.adecoagro.com)
Forward-Looking Statements: This press release contains forward-looking statements that are based on our current expectations, assumptions, estimates and projections about us and our industry. These forward-looking statements can be identified by words or phrases such as "anticipate," "forecast", "believe," "continue," "estimate," "expect," "intend," "is/are likely to," "may," "plan," "should," "would," or other similar expressions.
These forward-looking statements involve various risks and uncertainties. Although we believe that our expectations expressed in these forward-looking statements are reasonable, our expectations may turn out to be incorrect. Our actual results could be materially different from our expectations. In light of the risks and uncertainties described above, the estimates and forward-looking statements discussed in this press release might not occur, and our future results and our performance may differ materially from those expressed in these forward-looking statements due to, inclusive, but not limited to, the factors mentioned above. Because of these uncertainties, you should not make any investment decision based on these estimates and forward-looking statements.
The forward-looking statements made in this press release relate only to events or information as of the date on which the statements are made in this press release. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which the statements are made or to reflect the occurrence of unanticipated events.
To read the full 2Q22 earnings release, please access ir.adecoagro.com. A conference call to discuss 2Q22 results will be held on August 12, 2022 with a live webcast through the internet:
Conference Call
August 12, 2022
11 a.m. US EST
12 p.m. Buenos Aires
12 p.m. Sao Paulo
5 p.m. Luxembourg
Participants calling from the US: Tel: +1 (844) 435-0324
Participants calling from other countries: Tel: +1 (412) 317-6366
Access Code: Adecoagro
Conference Call Replay
Participants calling from the US: Tel: +1 (877) 344-7529
Participants calling from other countries: Tel: +1 (412) 317-0088
Access Code: 5454857
Investor Relations Department
Charlie Boero Hughes
CFO
Victoria Cabello
IRO
Email: ir@adecoagro.com
Tel: +54 (11) 4836-8651
About Adecoagro:
View original content:
SOURCE Adecoagro S.A. | https://www.fox8live.com/prnewswire/2022/08/11/adecoagro-reported-adjusted-ebitda-2q22-118-million-167-higher-year-over-year/ | 2022-08-11T22:04:16Z | https://www.fox8live.com/prnewswire/2022/08/11/adecoagro-reported-adjusted-ebitda-2q22-118-million-167-higher-year-over-year/ | false | 11 |
OnlyFans model Courtney Clenney, who goes by Courtney Tailor on social media, has been charged with murdering her boyfriend in their Miami apartment in April, according to media reports.
Clenney, 25, was in Hawaii when she was picked up by police and faces extradition back to Florida where she will face a second-degree murder charge in the killing of Christian Obumseli.
“I’m completely shocked, especially since we were cooperating with the investigation and offered to voluntarily surrender her if she were charged,” Clenney’s attorney Frank Prieto told the Miami Herald after learning his client was arrested. “We look forward to clearing her name in court.”
TMZ is reporting Clenney was in Hawaii to undergo treatment for PTSD from the April incident while adding that she’s also a victim of human trafficking.
Clenney isn’t just some Instagram model pretender. She boasts two million followers and an account that tracks her life as a blonde who gets access to NBA games, the best pools, exotic trips and the yachts you’re used to seeing the IG models on.
However, the blue checkmark model hasn’t posted on social media since March 30.
Obumseli was stabbed to death in the chest on April 3 at the couple’s luxury apartment building. Prieto says she acted in self-defense because Obumseli was stalking Clenney for weeks.
The couple weren’t strangers to the cops, who visited their apartment four times on domestic calls, but no arrests were made in those situations.
Obumseli’s family, according to media reports, has insisted that the Instagram model killed him in cold blood. | https://www.outkick.com/instagram-star-courtney-clenney-charged-with-murdering-boyfriend-she-says-it-was-self-defense/ | 2022-08-11T22:04:42Z | https://www.outkick.com/instagram-star-courtney-clenney-charged-with-murdering-boyfriend-she-says-it-was-self-defense/ | true | 1 |
Over $2B announced for roads, bridges, bike lanes across US
(AP) - U.S. transportation officials announced $2.2 billion for local infrastructure projects on Thursday, paving the way for new bridges, roads, bike lanes, railways and ports in scores of communities across the country.
The competitive grants are more than double the amount awarded the previous year under the same program. The influx comes from a $1 trillion infrastructure law backed by President Joe Biden, which provided an additional $7.5 billion over five years for the grants.
Transportation Secretary Pete Buttigieg said the projects would help modernize America’s transportation systems by making communities “safer, more affordable, more accessible and more sustainable.”
Buttigieg traveled to Arizona to highlight projects in Phoenix and Tucson, each of which are getting the maximum $25 million. In Phoenix, the money will help build a new bike and pedestrian bridge connecting the north and south banks of the Rio Salado trail system.
In Tucson, the money will revamp a prominent street and replace a 1960s-era vehicle bridge that’s in poor condition. It also will add a separate bicycle and pedestrian bridge as part of what Mayor Regina Romero called “a transformative investment in Tucson’s infrastructure.”
While the Tucson project will expand the number lanes for motorists, some projects elsewhere will reduce them. For example, a $17 million grant will help narrow a five-lane road to three lanes in the Chicago suburb of Munster, Indiana, in an effort to decrease traffic crashes. The money also will fund a 10-foot-wide multi-purpose path along the street and plant more than 250 trees.
Other newly announced projects in the Rebuilding American Infrastructure with Sustainability and Equity program also provide funding for bicycle and pedestrian paths.
Texas and Kansas are each receiving about $25 million for hiking and biking trails. Huntsville, Alabama, is getting $20 million to improve a pedestrian corridor linking downtown to isolated neighborhoods. Another $20 million is helping finance a new bike and pedestrian bridge over the Potomac River between Arlington, Virginia, and Washington, D.C.
A total of 166 projects across the country are getting a slice of the $2.2 billion. The funding marks a significant increase from the $983 million distributed among 90 projects in 2021. The allotment is the largest dating to 2009 for a program that has undergone multiple name and emphasis changes during the presidential administrations of Barack Obama and Donald Trump.
Though still substantial, the funding doesn’t have quite the buying power as anticipated when the infrastructure legislation passed Congress last year. That’s because inflation has driven up the cost of key transportation construction materials, such as steel plates for bridges and asphalt for paving roads.
This year’s projects range from a new seawall and port improvements in Sitka, Alaska, to the construction of a four-lane parkway in the Virgin Islands.
Among other projects, New Jersey is getting $20 million to elevate a roadway that serves as a main evacuation route for Atlantic City and its casino industry. In Louisiana, $20 million will go toward the design and construction of two train stations along a planned route between Baton Rouge and New Orleans. Whatcom County, Washington, will get $25 million to replace a 60-year-old ferry serving rural Lummi Island with an electric hybrid model.
Copyright 2022 The Associated Press. All rights reserved. | https://www.13abc.com/2022/08/11/over-2b-announced-roads-bridges-bike-lanes-across-us/ | 2022-08-11T22:06:39Z | https://www.13abc.com/2022/08/11/over-2b-announced-roads-bridges-bike-lanes-across-us/ | true | 31 |
Novanta (NASDAQ:NOVT – Get Rating) updated its third quarter 2022 earnings guidance on Tuesday. The company provided earnings per share guidance of $0.71-$0.76 for the period, compared to the consensus earnings per share estimate of $0.77. The company issued revenue guidance of $214.00 million-$216.00 million, compared to the consensus revenue estimate of $212.96 million. Novanta also updated its FY 2022 guidance to $2.96-$3.02 EPS.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on NOVT. William Blair upgraded shares of Novanta from a market perform rating to an outperform rating in a report on Wednesday, May 11th. TheStreet upgraded shares of Novanta from a c+ rating to a b- rating in a research note on Friday, August 5th.
Novanta Stock Performance
NOVT traded down $2.33 during mid-day trading on Thursday, reaching $149.20. 4,261 shares of the company traded hands, compared to its average volume of 643,734. The stock has a market capitalization of $5.33 billion, a P/E ratio of 85.13 and a beta of 1.16. The company has a quick ratio of 1.29, a current ratio of 2.05 and a debt-to-equity ratio of 0.77. The company’s fifty day moving average price is $130.01 and its 200-day moving average price is $131.87. Novanta has a 52-week low of $110.84 and a 52-week high of $184.44.
Institutional Investors Weigh In On Novanta
Hedge funds and other institutional investors have recently modified their holdings of the stock. Invesco Ltd. boosted its holdings in Novanta by 7.2% in the 1st quarter. Invesco Ltd. now owns 404,262 shares of the technology company’s stock worth $57,523,000 after buying an additional 27,161 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Novanta by 3.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 292,315 shares of the technology company’s stock worth $41,594,000 after buying an additional 9,388 shares during the period. Wellington Management Group LLP boosted its holdings in Novanta by 32.4% in the 1st quarter. Wellington Management Group LLP now owns 281,600 shares of the technology company’s stock worth $40,069,000 after buying an additional 68,846 shares during the period. Eaton Vance Management boosted its holdings in Novanta by 20.8% in the 1st quarter. Eaton Vance Management now owns 59,814 shares of the technology company’s stock worth $8,511,000 after buying an additional 10,316 shares during the period. Finally, Renaissance Technologies LLC bought a new position in Novanta in the 1st quarter worth $3,472,000. 94.10% of the stock is currently owned by hedge funds and other institutional investors.
About Novanta
Novanta Inc, together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. The company's Photonics segment offers photonics-based solutions, including laser scanning and beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures.
Featured Stories
- Get a free copy of the StockNews.com research report on Novanta (NOVT)
- Disney (NYSE: DIS) Shares Just Gave Investors A Massive Signal
- Find and Profitably Trade Stocks at 52-Week Lows
- Solar Stocks Shine Brightly After Passage Of Clean Energy Bill
- 3 Stable Growth Stocks for Bumpy Times
- Large And Small Oil-And-Gas Stocks See Post-Earnings Bounce
Receive News & Ratings for Novanta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Novanta and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.com-unik.info/2022/08/11/novanta-nasdaqnovt-updates-q3-2022-earnings-guidance.html | 2022-08-11T22:08:03Z | https://www.com-unik.info/2022/08/11/novanta-nasdaqnovt-updates-q3-2022-earnings-guidance.html | true | 1 |
Brooklyn Beckham’s wife Nicola Peltz reveals the real reason she didn’t wear a Victoria Beckham wedding dress
EVEN when a millionaire marries a billionaire, the best-laid wedding plans can hit some snags.
For Brooklyn Beckham and Nicola Peltz, their big day sparked rumours of a family war when the bride chose not to walk down the aisle in a dress designed by her singer-turned- fashionista mother-in-law Victoria.
But yesterday in their first major interview since their £3million nuptials in April, the couple shut down rumours of a falling out, saying that Nicola, 27, did not snub an offer from ex-Spice Girl Posh when she opted for a custom Valentino gown.
In a revealing joint chat alongside Brooklyn, 23, the American actress said about wearing a VB wedding dress: “I was going to and I really wanted to, and then a few months down the line, she realised that her atelier couldn’t do it, so then I had to pick another dress.
“She didn’t say you can’t wear it; I didn’t say I didn’t want to wear it.
“That’s where it started, and then they ran with that.”
‘You have the most amazing heart’
Defending the relationship between the two most important women in his life, Brooklyn added to Variety magazine: “I’ve learned they’re always going to write stuff like that.
“They’re always going to try and put people down. But everyone gets along, which is good.”
It comes after Nicola, the daughter of New York billionaire businessman Nelson Peltz, 80, wrote a cryptic post to her 2.7million Instagram followers last week about people bringing her down.
The Transformers actress shared two snaps with tears in her eyes, captioned: “Sometimes I find it hard to show the sad bits of me.
Most read in The Irish Sun
“Growing up with seven siblings and two very strong parents made me really tough.
“They hammered it into me to not let people bring me down or hurt my heart. It made me put such a wall up to protect myself especially in this industry.
“We all have days where people make you feel bad and it’s OK to be hurt by it. I just thought I would write something because I never show this side of me here.
“I wanted to show this side of me. I love you all so much and truly appreciate all of your support.”
Comforting his wife, Brooklyn posted a string of heart emojis and commented: “You have the most amazing heart. I love you so, so much.”
But Victoria, 48, did not publicly support her daughter-in-law by commenting on the post — despite the pair constantly reacting to and liking each other’s social media posts prior to the wedding.
Last month Nicola appeared to take aim at her in-laws when asked about her new husband’s career change from photography to cookery.
In a dig at those who advised him — including his parents David, 47, and Victoria — she told Tatler magazine that he felt, “A lot of pressure to please people with his career and he didn’t love it”.
She went on to say Brooklyn was turning to her father for advice, adding: “Brooklyn is getting into very exciting things with his shows and also business things and it’s really sweet.
“I watch him call my dad and say, ‘What do you think about this?’. I love watching him learn from my dad.”
It was also claimed on social media that Brooklyn had snubbed Victoria on Mother’s Day after he failed to mark the occasion online.
But those close to the family insist there was no issue between them.
The couple spend most of their time in Los Angeles — and Nicola has ruled out a return to the UK.
She told Tatler: “I would say ‘No’, but you never know. I love knowing I’m so close to my family.”
Asked about their lifestyle, Nicola added: “Honestly, we never go out. Our happy place is staying in, watching a show and being with our dogs. We’re like an old married couple.”
And Brooklyn told Variety he is ready to start a family with Nicola — his own dad became a parent at the same age.
‘We would love a big family’
Brooklyn said: “I keep saying to my wife, I can’t wait to be a dad. I’m ready to have kids, but I always tell my wife, whenever you want.”
Meanwhile, Nicola, who has six brothers and a sister, added: “We don’t plan on having kids any time in the next year.
“But we would love to have a big family one day. We would love to have some of our own, and we would love to adopt.”
But despite the rumoured divide between the Beckham and Peltz households, the couple said they “came up with the idea” to combine their surnames, forever uniting their families.
Brooklyn said: “We had this idea, we kind of combined our last names.
“I was just like, ‘Oh, we could start a new thing’, and it’ll be so cool to have our own kids and have little Peltz Beckhams running around.”
Nicola and Brooklyn wed at her £76million family beachside mansion in Miami, Florida, with Victoria wearing a silver satin gown by her eponymous label.
I’ve always said to my wife, we should do a reality TV show, we should actually do a reality TV show, because she’s so funny.
Brooklyn Beckham
Guests on the day included Beckham family friends celebrity chef Gordon Ramsay and actress Eva Longoria along with tennis stars Venus and Serena Williams.
Elsewhere in the interview, Brooklyn admitted that he and Nicola could line themselves up for their own fly-on-the-wall documentary similar to Keeping Up With The Kardashians.
He said: “I’ve always said to my wife, we should do a reality TV show, we should actually do a reality TV show, because she’s so funny.
“And we take the p**s out of each other all the time. She sometimes doesn’t get my English humour.”
Meanwhile, Brooklyn revealed that he would also love to have his own pub in Los Angeles with a line of “sauces, knives, pots and pans” after teaching himself during lockdown and sharing videos to his 14.3million followers.
He said: “I want to have so many TV shows, and hopefully one day open up a pub in LA, because LA needs a pub.”
And the couple also told how they are closer than ever after they began dating in October 2019.
Nicola said: “The thing that’s great about us is that we don’t need anything from each other. We’re just so in love.
“There’s nothing I need from him or he needs from me.” | https://www.thesun.ie/tvandshowbiz/9239406/nicola-peltz-brooklyn-victoria-beckham-wedding/ | 2022-08-11T22:09:14Z | https://www.thesun.ie/tvandshowbiz/9239406/nicola-peltz-brooklyn-victoria-beckham-wedding/ | false | 3 |
VANCOUVER, British Columbia (AP) _ Sandstorm Gold Ltd. (SAND) on Thursday reported second-quarter net income of $39.7 million.
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 20 cents. Earnings, adjusted for non-recurring gains, came to 6 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The provider of financing for gold mining companies posted revenue of $36 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAND at https://www.zacks.com/ap/SAND | https://www.theridgefieldpress.com/business/article/Sandstorm-Gold-Q2-Earnings-Snapshot-17368025.php | 2022-08-11T22:09:20Z | https://www.theridgefieldpress.com/business/article/Sandstorm-Gold-Q2-Earnings-Snapshot-17368025.php | false | null |
MEMPHIS, Tenn. (AP) — Rickie Fowler and Jason Day faced enough stress just to make sure they got into the PGA Tour’s postseason. Now that they’re here, they want to keep going.
Fowler had a change of caddies and putters and finally started to see some putts fall, though still not enough to his liking. Day recovered from a spiked fever and burning sensation in his eyes and played bogey-free Thursday at the TPC Southwind. Both had a 5-under 65.
That wasn’t good enough to lead the FedEx St. Jude Championship, only to hope.
Si Woo Kim holed out from 167 yards in the 18th fairway for eagle to cap off a superb finish of 6-under par on his last six holes, giving him a 62 and an early share of the lead with J.J. Spaun.
But as the FedEx Cup playoffs begin, the emphasis is as much on who advances. Only the top 70 from the 125 players who qualified advance to the BMW Championship next week, and then the top 30 move on to the finale at East Lake.
Fowler made it on the number — No. 125 — and needs his best golf of the last two years to get through to the next round.
“Nothing to lose,” Fowler said. “Being 125, obviously need to play well just to make it to next week, but it would be a big bonus if we can do that and move on. Kind of leave it all out there, see what happens, but definitely happy with the start.”
He was helped late in his round with a 4-iron from 220 yards to 6 feet for eagle.
Day and Fowler were outside the top 125 three weeks ago until the PGA Tour decided that players suspended for going over to Saudi-funded LIV Golf should not count in the standings. That improved them nine spots, and Day also was helped by a 66 on the final day in Detroit to tie for 17th and secure his spot in the postseason.
That was a good thing, too, because last week he opened with a 67 and then had to withdraw with an illness. He knew he was in trouble when he fell asleep at breakfast before the next round. His eyes were burning. His fever spiked. Day wasn’t sure how bad the fever was, but he checked his temperature the next day when he felt much better and it was 101 degrees Fahrenheit (38.3 Celsius).
The big takeaway was that he felt he was trending in the right direction, and the game felt that way on a soft, muggy morning that feature occasional light rain.
As for the pressure? Day feels it’s always there for him, but at this point, he’s trying to let good golf happen instead of trying to force it, and not get too caught up in his position.
He was among 13 players at 65 or lower when the morning wave finished. That would be enough to get him through, but there’s a long way to go.
“It does nothing for me to look ahead,” he said, “but I do want to play next week.”
Kim and Spaun, who had eight birdies in such a clean round he couldn’t even think which shot was the best, are both assured of playing next week. Spaun began the postseason at No. 25 on the strength of his first PGA Tour title at the Valero Texas Open.
That win sent him immediately to Augusta National for the Masters, such a quick turnaround that he didn’t get a chance to soak up the experience. He tied for 23rd and would like nothing better to return. Making it to the FedEx Cup finale is likely to do the trick.
“It will be nice to punch another ticket there and be able to plan it out and get down Sunday, maybe even Saturday the week before, take my time and enjoy all the little things that come along with that great tradition,” Spaun said. “Hopefully keep playing well this week and the next couple weeks, and I’ll be there.”
Tony Finau, coming off two straight victories, and J.T. Poston, were at 64. The group at 65 included Sam Burns, who is the No. 3 seed, and Ryan Palmer and Lucas Glover, who are among those near the bottom who need a big week to keep playing.
Scottie Scheffler has the luxury of a slow start as No. 1 in the world and in the FedEx Cup, and that’s a good thing. The Masters champion had a frustrating day of a few odd bounces and a lot of missed chances on the green for a 71.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://www.wcia.com/sports/ap-sports/fowler-day-make-early-bid-in-memphis-to-keep-season-going/ | 2022-08-11T22:10:24Z | https://www.wcia.com/sports/ap-sports/fowler-day-make-early-bid-in-memphis-to-keep-season-going/ | true | 28 |
A missing woman from Chetwynd may be in the Kelowna area.
Kelowna and Chetwynd RCMP are appealing for public assistance in locating 34-year-old Jasmine Davis.
Davis is described as standing 4’9” and weighing 159 pounds. She has dyed bleach blond hair.
Davis may be travelling in a red, four-door Ford pickup with a man known only as ‘Chocolit’.
Davis was last seen July 30 and was reported missing Aug. 9.
Anyone with information on her whereabouts is asked to call Kelowna or Chetwynd RCMP and reference Chetwynd file number 2022-1510.
READ MORE: Body pulled from Thompson River in Kamloops
@thebrittwebster
brittany.webster@blackpress.ca
Like us on Facebook and follow us on | https://www.revelstokereview.com/news/missing-chetwynd-woman-may-be-in-kelowna-area/ | 2022-08-11T22:12:17Z | https://www.revelstokereview.com/news/missing-chetwynd-woman-may-be-in-kelowna-area/ | false | null |
Comments / 1
Related
Eyewitness News
Gov. Lamont says Trump will be ‘front and center’ on the ballot in November
HARTFORD, CT (WFSB) - There were a few surprises following Connecticut’s Primary Day. Former President Donald Trump’s endorsed candidate Leora Levy won the Republican primary and will face Sen. Richard Blumenthal, a Democrat, in November. Themis Klarides, the state Republican endorsed candidate, didn’t get enough votes. There...
NBC Connecticut
2022 Connecticut Primary Election Results
Leora Levy, a GOP fundraiser and former commodities trader who received an endorsement from former President Donald Trump, has won the Republican Primary race for U.S. Senate in Connecticut. The Greenwich Republican beat out former state House Minority Leader Themis Klarides, a social moderate who supports abortion rights and gun...
Rapini, Thomas win primaries for secretary of state
NEW HAVEN, Conn. (WTNH) — Connecticut voters headed to the polls Tuesday to choose their candidates to replace longtime Secretary of the State Denise Merrill, a Democrat who resigned in June to care for her ailing husband. Republican Dominic Rapini will face Democratic State Rep. Stephanie Thomas in the general election. In the Republican race, Rapini, a […]
ALERT CENTER: Key races in the Connecticut primary
News 12 Connecticut’s John Craven is in the Alert Center with the latest.
RELATED LOCAL CHANNELS
Who is running in Connecticut primaries?
HARTFORD, Conn. — Connecticut's registered Republicans have a chance to pick their candidate for U.S. Senate, State Treasurer and Secretary of the State in a primary election Tuesday. Meanwhile, registered Democrats have a chance on a handful of races. Polls close Tuesday at 8 p.m. FOX61 will have full...
fox61.com
Voter turnout low for Connecticut's primary election
Voter turnout was not what was expected for Connecticut's primary election on Tuesday. Connecticut's Deputy Secretary of the State Scott Bates shared his input.
Connecticut primary turnout was low, but those casting ballot were determined
WEST HAVEN, Conn — Whether the FBI's raid of former President Donald Trump's Mar-a-Lago Estate in Palm Beach will have any impact on Tuesday's primary elections in Connecticut remains unclear, but Trump's name was brought up by numerous West Haven voters at polling sites. According to the West Haven...
Candidates in CT’s mid-summer primary await results as polls close
There are statewide primaries for secretary of the state, treasurer and U.S. Senate, a race enlivened by the late interest of Donald J. Trump.
RELATED PEOPLE
Democrat primary winner for treasurer makes state history, with chance to make US history
NEW HAVEN, Conn. — Erick Russell is officially the Democrat candidate for Connecticut state treasurer, and he's on track to face Republican Harry Arora in November's general election. If Russell wins, history will be made. "If elected, I will be the first openly gay, black elected statewide official in...
NewsTimes
By less than 50 votes, Harrison wins 69th House District primary race
This is a carousel. Use Next and Previous buttons to navigate. In a close race in Tuesday’s primary election, Republican incumbent Cindy Harrison emerged victorious to become the de facto winner of the 69th District state House seat. With 915 votes, or about 51 percent, Harrison, a Newtown native,...
Eyewitness News
VIDEO: Republicans, Democrats vote today to decide candidates for November
Dan Haar, Columnist and Associate Editor at Hearst Connecticut Media, talks about big elections on Primary Day. Latest on Secretary of the State and Treasurer races in CT.
Here are the key primary election results from Vermont
In Vermont, there are competitive, open primaries for U.S. Senate and the state's lone U.S. House seat.
IN THIS ARTICLE
Tuesday Primaries Test Strength, Not Issues
(News analysis) New Haven versus Fairfield County. The party establishment versus issue-activist networks. Who has the best chance to win in a general election. Who has better qualifications — or makes voters smile more. Those are the stakes in Tuesday’s Democratic primary elections for state treasurer and secretary of...
NewsTimes
What to know in CT about insulin, prescriptions and more following Inflation Reduction Act passage
HARTFORD — Prices for prescription drugs will go down, insulin costs for the elderly will decrease and thousands of dollars in tax incentives will be offered to low and middle-income Connecticut residents under the federal Inflation Reduction Act approved by the Democratic-controlled U.S. Senate after marathon negotiations. Along the...
Register Citizen
CT probate judge with suspended law license who was jailed for DUIs seeks reelection
A Connecticut probate judge who was jailed this year after three DUI arrests and whose law license has been suspended is running for reelection in November despite losing the Republican primary this week. Judge Peter Mariano will face state Rep. Rosa Rebimbas for the 21st District Judge of Probate in...
It’s primary day in Connecticut. Everything you need to know before you head out to vote.
The secretary of the State's Office says more than 1.2 million Republicans and Democrats are registered to vote in Connecticut.
YOU MAY ALSO LIKE
NBC Connecticut
Teacher Shortages Continue to Impact Connecticut
Schools across the country are dealing with a teacher shortage, and Connecticut is no exception. Districts are doing what they can to bring in new staff in time for the start of the school year. Those in education say this is a problem that’s been brewing since well before 2020....
KSLTV
GOP seeking power over elections in Wisconsin, Minnesota
MADISON, Wis. (AP) — Wisconsin’s secretary of state has no role in elections, but that could change if Republicans are able to flip the seat this year and pass a law that would empower the office with far more responsibilities. All three GOP candidates competing for the nomination...
Connecticut pension debt costs UConn students $1,000
Connecticut's pension debt adds up to an extra $1,000 in tuition costs for students attending UConn, as tuition rates rise.
The post Connecticut pension debt costs UConn students $1,000 appeared first on Connecticut Inside Investigator.
NewsTimes
Some CT towns are saying no to statewide rules on accessory apartments. Their reasons are complicated
This is a carousel. Use Next and Previous buttons to navigate. A backyard cottage in Connecticut represents more than a backyard cottage. For more than a year, the future of so-called accessory dwelling units — smaller, secondary homes on single-family properties — has ignited local political debate after state legislators last year enacted a new law meant to encourage more housing. | https://www.newsbreak.com/news/2696608809199/capitol-report-lt-governor-takes-swipes-at-stefanowski | 2022-08-11T22:13:47Z | https://www.newsbreak.com/news/2696608809199/capitol-report-lt-governor-takes-swipes-at-stefanowski | false | 1 |
The Federal Election Commission (FEC) voted Thursday to allow Google to push forward a Gmail pilot program that would allow campaign emails to dodge spam filters, a move that comes after accusations from Republicans that the filters were biased against their messages.
The FEC voted 4-1 to approve the program, concluding that the test of new features is permissible under campaign law.
Commissioner Ellen Weintraub, a Democrat who voted against the order, said she has “a hard time getting around the fact that this is a unique benefit offered to political committees, and only to political committees.”
Democratic Commissioner Dara Lindenbaum joined the three Republicans in voting for the program, but expressed similar hesitation.
“I don’t want to [support this], and it’s for the same reasons all the commenters don’t want to, but I think the law and commissioner regulations and commission precedent permits this,” Lindenbaum said.
“I also don’t want to hamstring innovation and pilot programs. So if Google does move forward with this program, I hope it will reduce and not expand spam and increase best practices for bulk senders,” she added.
Democratic Commissioner Shana Brossard abstained.
Google requested the FEC’s approval on the program in June, Axios first reported, after backlash from Republicans over accusations that Gmail filters were pushing more GOP campaign emails to spam.
Google spokesperson José Castañeda said the company will “reflect on the positive and negative feedback received during the public comment period.”
“Our goal during this pilot program is to assess alternative ways of addressing concerns from bulk senders, while giving users clear controls over their inboxes to minimize unwanted email. We will continue to monitor feedback as the pilot rolls out to ensure it is meeting its goals,” he said in a statement. | https://www.8newsnow.com/hill-politics/google-gets-fec-approval-to-let-campaign-emails-bypass-spam-filters-after-gop-criticism/ | 2022-08-11T22:14:44Z | https://www.8newsnow.com/hill-politics/google-gets-fec-approval-to-let-campaign-emails-bypass-spam-filters-after-gop-criticism/ | false | 13 |
Español
Italiano
Français
My Account
My Account
Notifications
Log In
QQQ
–
–%
DIA
–
–%
SPY
–
–%
TLT
–
–%
GLD
–
–%
BTC/USD
–
–%
Data & APIs
Events
Marketfy
Premarket
Contribute
Español
Italiano
Français
Sign in
News
Earnings
Guidance
Dividends
M&A
Buybacks
Legal
Interviews
Management
Retail Sales
Offerings
IPOs
Insider Trades
Biotech/FDA
Freight
Politics
Government
Healthcare
Markets
Pre-Market
After Hours
Movers
ETFs
Forex
Cannabis
Commodities
Options
Binary Options
Bonds
Futures
CME Group
Global Economics
Previews
Small-Cap
Cryptocurrency
Penny Stocks
Digital Securities
Ratings
Analyst Color
Downgrades
Upgrades
Initiations
Price Target
Ideas
Trade Ideas
Long Ideas
Short Ideas
Technicals
From The Press
Jim Cramer
Rumors
Best Stocks & ETFs
Best Penny Stocks
Best S&P 500 ETFs
Best Swing Trade Stocks
Best Blue Chip Stocks
Best High-Volume Penny Stocks
Best Small Cap ETFs
Fintech
News
Podcast
Personal Finance
Compare Online Brokers
Stock Brokers
Forex Brokers
Futures Brokers
Crypto Brokers
Options Brokers
ETF Brokers
Mutual Fund Brokers
Index Fund Brokers
Bond Brokers
Short Selling Brokers
Stock Apps
All Broker Reviews
Insurance
Auto
Home
Medicare
Life
Vision
Dental
Business
Pet
Health
Motorcycle
Renters
Workers Comp
Top Stocks
Penny Stocks
Stocks Under $5
Stocks Under $10
Stocks Under $20
Stocks Under $50
Stocks Under $100
Alternative Investing
Invest in Art
Invest in Watches
Invest in Land
Invest in Real Estate
Invest in Wine
Invest in Gold
Mortgages
Refinance
Purchase
Find a Mortgage Broker
Alts
Best Real Estate Crowdfunding Platforms
REITs Versus Crowdfunding
How to Invest in Artwork
Best Alternative Investments
Best Alternative Investment Platforms
Crypto
Get Started
Is Bitcoin a Good Investment?
Is Ethereum a Good Investment?
What is Blockchain
Best Altcoins
How to Buy Cryptocurrency?
DeFi
Crypto and DeFi 101
What is DeFi?
Decentralized Exchanges
Best DeFi Yield Farms
Digital Securities
NFTs
NFT Release Calendar
What is a Non-Fungible Token (NFT)?
How to Buy Non-Fungible Tokens (NFTs)
CryptoPunks Watchlist
Are NFTs a Scam or a Digital Bubble?
Best In Crypto
Best Crypto Apps
Best Crypto Portfolio Trackers
Best Crypto Day Trading Strategies
Best Crypto IRA
Best Cryptocurrency Scanners
Best Business Crypto Accounts
Best Crypto Screeners
Cannabis
News
Earnings
Interviews
Deals
Regulations
Psychedelics
TV
Watch
YouTube
Podcasts
Trading School
Personal Finance
Compare Online Brokers
Stock Brokers
Forex Brokers
Futures Brokers
Crypto Brokers
Options Brokers
ETF Brokers
Mutual Fund Brokers
Index Fund Brokers
Bond Brokers
Short Selling Brokers
Stock Apps
All Broker Reviews
Insurance
Auto
Home
Medicare
Life
Vision
Dental
Business
Pet
Health
Motorcycle
Renters
Workers Comp
Top Stocks
Penny Stocks
Stocks Under $5
Stocks Under $10
Stocks Under $20
Stocks Under $50
Stocks Under $100
Alternative Investing
Invest in Art
Invest in Watches
Invest in Land
Invest in Real Estate
Invest in Wine
Invest in Gold
Mortgages
Refinance
Purchase
Find a Mortgage Broker
Alts
Best Real Estate Crowdfunding Platforms
REITs Versus Crowdfunding
How to Invest in Artwork
Best Alternative Investments
Best Alternative Investment Platforms
Crypto
Get Started
Is Bitcoin a Good Investment?
Is Ethereum a Good Investment?
What is Blockchain
Best Altcoins
How to Buy Cryptocurrency?
DeFi
Crypto and DeFi 101
What is DeFi?
Decentralized Exchanges
Best DeFi Yield Farms
Digital Securities
NFTs
NFT Release Calendar
What is a Non-Fungible Token (NFT)?
How to Buy Non-Fungible Tokens (NFTs)
CryptoPunks Watchlist
Are NFTs a Scam or a Digital Bubble?
Best In Crypto
Best Crypto Apps
Best Crypto Portfolio Trackers
Best Crypto Day Trading Strategies
Best Crypto IRA
Best Cryptocurrency Scanners
Best Business Crypto Accounts
Best Crypto Screeners
Cannabis
News
Earnings
Interviews
Deals
Regulations
Psychedelics
TV
Watch
YouTube
Podcasts
Trading School
My Stocks
Tools
Calendars
Analyst Ratings Calendar
Dividend Calendar
Conference Call Calendar
Earnings Calendar
Economic Calendar
FDA Calendar
Guidance Calendar
IPO Calendar
M&A Calendar
Retail Sales Calendar
SPAC Calendar
Stock Split Calendar
Trade Ideas
Insider Trades
Trade Idea Feed
Analyst Ratings
Unusual Options Activity
Heatmaps
Short Interest
Most Shorted
Largest Increase
Largest Decrease
Calculators
Margin Calculator
100x Options Profit Calculator
Premium
QQQ
–
–%
DIA
–
–%
SPY
–
–%
TLT
–
–%
GLD
–
–%
BTC/USD
–
–%
Westpac Financial Services Ltd (Form13F-NT)
Accepted:
Form Type:
13F-NT
Accession Number:
0001104659-22-088174 | https://www.benzinga.com/secfilings/22/08/28440929/westpac-financial-services-ltd-form13f-nt | 2022-08-11T22:17:39Z | https://www.benzinga.com/secfilings/22/08/28440929/westpac-financial-services-ltd-form13f-nt | true | 254241 |
Revenue increases quarter over quarter; Healthy balance sheet provides options for growth
SEATTLE, Aug. 11, 2022 /PRNewswire/ -- Bsquare Corporation (NASDAQ: BSQR) today announced financial results for the second quarter of 2022. Total revenue was $10.4 million, an improvement of $0.7 million or 7% compared to the first quarter of 2022. Gross profit increased $0.1 million quarter-over-quarter. Loss from operations was $0.7 million, an improvement of $0.2 million over the first quarter operating loss. Cash decreased $2.2 million from December 31, 2021.
"I am pleased with the revenue improvement and stability of operating expenses we achieved in Q2. With no debt and strong cash reserves we are well positioned to pursue growth," said Ralph C. Derrickson, President and CEO of Bsquare.
"While we are laser focused on our plans for organic growth, we will continue evaluating all avenues for accelerating success. The changing market conditions and our cash have the potential to create opportunities for inorganic growth," added Derrickson.
Second Quarter 2022 Results Compared to First Quarter 2022
- Revenue for the quarter was $10.4 million, an increase of $0.7 million or 7%. Partner Solutions revenue increased $0.2 million while Edge to Cloud revenue increased $0.4 million.
- Gross profit increased $0.1 million compared to the first quarter. Partner Solutions gross profit decreased $0.3 million while Edge to Cloud gross profit increased by $0.4 million.
- Total operating expenses for the quarter were $2.3 million, a decrease of $0.1 million, driven by reduced personnel costs and increased capitalization of research and development expenses.
- Loss from operations for the quarter was $0.7 million, an improvement of $0.2 million from the first quarter of 2022. Net loss for the quarter was $0.6 million, or $0.03 per diluted share, an improvement compared to a net loss of $0.9 million, or $0.05 per diluted share, in the first quarter of 2022.
- Cash, cash equivalents and restricted cash totaled $37.8 million on June 30, 2022, a decrease of $2.2 million compared to December 31, 2021. Cash use was driven by operations.
Details as follows (unaudited, in thousands except percentages and per share amounts):
Second Quarter 2022 Results Compared to Second Quarter 2021
- Compared to the second quarter of 2021, total revenue decreased by $0.3 million. Partner Solutions revenue decreased $0.6 million while Edge to Cloud revenue increased $0.3 million.
- Gross profit increased $0.4 million driven by the Edge to Cloud segment.
- Total operating expenses for the quarter were $2.3 million, an improvement of $0.2 million compared to the second quarter of 2021.
- Loss from operations for the quarter was $0.7 million, an improvement of $0.6 million compared to the second quarter of 2021. Net loss for the quarter was $0.6 million, or $0.03 per diluted share, compared to a net gain of $0.3 million, or $0.02 per diluted share, in the second quarter of 2021.
Conference Call
Management will host a conference call today, August 11, 2022 at 5 p.m. Eastern Time (2 p.m. Pacific Time). To access the call dial 1-888-394-8218 or 1-856-344-9221 for international callers, and reference "Bsquare Corporation First Quarter 2022 Earnings Conference Call."
A replay will be available for two weeks following the call by dialing 1-844-512-2921, or 1-412-317-6671 for international callers; reference pin number 3195283. A live and replay webcast of the call will be available at www.bsquare.com in the investor relations section.
About Bsquare Corporation
Bsquare helps companies build connected products that participate intelligently in their own security, deployment, operation, and management, allowing our customers to realize the full potential of a connected world. We have extensive experience designing with Windows, Linux, Android, and other embedded operating systems and now operate IoT networks ranging in size from 50,000 to more than 1 million devices for our customers. Our technology is powering devices that help people be productive, enhance quality of life, and preserve the resources of our planet. Bsquare serves a global customer base from offices in Seattle, WA, and the United Kingdom. For more information, visit www.bsquare.com.
Cautionary Note Regarding Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of the safe-harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "expect," "continue," "believe," "plan," "strategy," "future," "may," "should," "will," and similar references to future periods. Examples of forward-looking statements include, among others, express or implied statements we make regarding the stability of our business, expected improvements to our IoT and software offerings, expected operating results in future periods, such as anticipated revenue, gross margins, profitability, cash and investments, and regarding strategies for customer retention, growth, new product and service developments, and market position. Forward-looking statements are neither historical facts nor assurances about future performance. Instead, they are based on current beliefs, expectations and assumptions about the future of our business and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.
Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others: our ability to execute our development initiatives and sales and marketing strategies; the extent to which we are successful in gaining new long-term customers and retaining existing ones; whether we are able to maintain our favorable relationship with Microsoft as a systems integrator and distributor; our success in leveraging strategic partnering initiatives with companies such as Microsoft, AWS and Intel; the ongoing impact of COVID-19 on our business and on our customers and vendors; and such other risk factors as discussed in our most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by law, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Bsquare and the Bsquare Logo are trademarks of Bsquare Corporation in the U.S. and other countries. Other names and brands herein may be trademarks of others.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bsquare-announces-second-quarter-2022-financial-results-301604635.html
SOURCE Bsquare | https://www.goskagit.com/bsquare-announces-second-quarter-2022-financial-results/article_45e0f314-07df-5e6d-9990-e7072626cebb.html | 2022-08-11T22:19:22Z | https://www.goskagit.com/bsquare-announces-second-quarter-2022-financial-results/article_45e0f314-07df-5e6d-9990-e7072626cebb.html | true | 11 |
Treehouse announced a bold initiative to disrupt the foster care-to-prison pipeline with new investments in policy and systems reform and direct services to incarcerated youth, in partnership with the Department of Children, Youth & Families (DCYF) and the Raikes Foundation.
Nearly 40% of Washington's incarcerated youth have experienced foster care.
SEATTLE, Aug. 11, 2022 /PRNewswire/ -- Treehouse announced a bold initiative to disrupt the foster care-to-prison pipeline with new investments in policy and systems reform and direct services to incarcerated youth, in partnership with the Department of Children, Youth & Families (DCYF) and the Raikes Foundation.
According to DCYF, in Washington nearly one in four young adults are arrested within one year of aging out of foster care and approximately 40% of Washington's incarcerated youth have experienced foster care. One Juvenile Law Center study showed that more than 90% of youth in foster care with five or more placements will become involved in the juvenile legal system. Dual system-involved youth graduate from high school at just 14%, the state's lowest rate.
"State data shows that many young people go from foster care to incarceration, and when they leave incarceration, they become homeless, with the cycle repeating again and again," said Treehouse CEO Lisa Chin. "We can and we must end this cycle now."
"We have a lot of work to do for these youth and a long way to go, but through this partnership with Treehouse and the Raikes Foundation, we can work together to find ways to get better outcomes," said DCYF Secretary Ross Hunter. "The first and most important step we take is to listen to those with lived experience."
To that end, Treehouse has hired Arthur Longworth and Ari McLaren-Simpson to intensify its efforts to reform the foster care, education, and juvenile legal systems and to better serve youth in and after juvenile incarceration.
"We know from our work and from studies that not graduating, spending time in foster care and getting caught up in the legal system are closely connected to homelessness as a young person," said Paula Carvalho of the Raikes Foundation. "Breaking these connections is very important to us, and that's why we are excited to continue to support Treehouse and their efforts to dismantle the foster care to prison pipeline."
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.goskagit.com/treehouse-takes-bold-step-to-end-foster-care-to-prison-pipeline/article_08298219-5752-51aa-ae7c-210c8e941fa1.html | 2022-08-11T22:19:28Z | https://www.goskagit.com/treehouse-takes-bold-step-to-end-foster-care-to-prison-pipeline/article_08298219-5752-51aa-ae7c-210c8e941fa1.html | true | 8 |
How major US stock indexes fared Thursday 8/11/2022
The Associated Press
An afternoon pullback left stock indexes on Wall Street mixed Thursday, erasing most of their morning gains fueled by another encouraging report about inflation. The S&P 500 closed 0.1% lower. The Nasdaq also fell, while the Dow Jones Industrial Average rose slightly. Investors weighed new data showing inflation at the wholesale level slowed more than economists expected in July. That bolstered hopes that inflation may be close to a peak and that the Federal Reserve will be less aggressive about raising interest rates than feared. Stocks pared their gains after Treasury yields climbed. The Walt Disney Co. rallied after reporting stronger quarterly results than expected.
On Thursday:
The S&P 500 fell 2.97 points, or 0.1%, to 4,207.27.
The Dow Jones Industrial Average rose 27.16 points, or 0.1%, to 33,336.67.
The Nasdaq fell 74.89 points, or 0.6%, to 12,779.91.
The Russell 2000 index of smaller companies rose 6.01 points, or 0.3%, to 1,975.26.
For the week:
The S&P 500 is up 62.08 points, or 1.5%.
The Dow is up 533.20 points, or 1.6%.
The Nasdaq is up 122.36 points, or 1%.
The Russell 2000 is up 53.43 points, or 2.8%.
For the year:
The S&P 500 is down 558.91 points, or 11.7%.
The Dow is down 3,001.63 points, or 8.3%.
The Nasdaq is down 2,865.06 points, or 18.3%.
The Russell 2000 is down 270.06 points, or 12%. | https://kesq.com/news/ap-national-business/2022/08/11/how-major-us-stock-indexes-fared-thursday-8-11-2022/ | 2022-08-11T22:20:05Z | https://kesq.com/news/ap-national-business/2022/08/11/how-major-us-stock-indexes-fared-thursday-8-11-2022/ | true | 14 |
Comments / 0
Related
RideApart
Ducati’s Profits Jump By 15 Percent In First Six Months Of 2022
For months, resource shortages, supply chain breakdowns, and rising inflation have hampered the global economy. After enjoying historic sales numbers during the pandemic, many motorcycle manufacturers plummetted back down to Earth in the first half of 2022. Somehow, Ducati has avoided the meteoric fortunes of its competitors, posting a 15-percent profit in the first six months of 2022.
RideApart
Royal Enfield Has Eyes Set On Launching Electric Motorcycles By 2026
Royal Enfield is considered by many as one of the most promising up and coming manufacturers in the industry. It's always had a laidback air about it, with the overall motorcycling experience taking precedence over sheer performance and technology. The brand's most recent model release, the Hunter 350, along with all its other models, really, is a testament to this.
CARS・
RideApart
HP Corse Has A Shiny New Exhaust Pipe For The Moto Morini X-Cape
Moto Morini is considered by many as a boutique motorcycle manufacturer known for its eccentric yet stylish two-wheelers. When it launched the X-Cape, however, it proved that it was indeed capable of executing a fine example following a tried and tested formula. Although not attaining the same level of popularity as its mainstream contemporaries, there's no denying that the X-Cape 650 can hold its own in the middleweight enduro-ADV segment.
CARS・
RideApart
Chinese Sportbike Concept Jedi Vision K750 To Enter Production Soon
The Chinese concept bike Jedi Vision K750, which was unveiled at the most recent EICMA, appears to be almost ready for production. In this instance, the Vision K750 is shown in what looks to be close to production-ready trim in a video that Vision Effect released on YouTube. Let's examine it in greater detail.
CARS・
IN THIS ARTICLE
RideApart
Kawasaki Showcases Electric And Hybrid Prototypes At Suzuka
Kawasaki’s hybrid-electric motorcycle project dates back to November, 2020. The brand’s all-electric prototype is even longer in the tooth, debuting at EICMA 2019. After rationing breadcrumbs to the public for nearly three years, Team Green surprised the crowd at Japan’s Suzuka Circuit by rolling out near-production versions of both electric platforms.
CARS・
RideApart
Can-Am Unveils Origin And Pulse Electric Motorcycles
The Can-Am Origin and Can-Am Pulse are the first two models of the Can-Am all-electric motorbike portfolio, which was just announced by Bombardier Recreational Products (BRP), the parent company of the Canadian three-wheeler maker Can-Am. BRP is altering the power dynamic and paving the way to a new generation of riders and electric vehicle fans as a result of the rising popularity of electric motorbikes.
CARS・
RideApart
Type-Approval Documents Reveal Zero DSR/X Adventure Bike Range
Electric motorcycles have made significant technological strides in recent years, but widespread infrastructure still hampers the market’s growth. Outside of large city centers and common travel routes, charging stations are few and far between. Those numbers take a nosedive when going from suburban to rural areas, which presents additional challenges for electric dual-sport motorcycles.
CARS・
RideApart
More Details About Malaguti's Upcoming Drakon 250 Emerge
The Drakon 250 is expected to be introduced in Europe soon, according to a type-approval document that was obtained from China. Malaguti is an Italian manufacturer known for its small-displacement, beginner-friendly models. Even though Malaguti is owned by the Austrian KSR group, the company's ties to China imply that Malaguti will use Chinese manufacturing to manage costs and maintain the Drakon 250's competitive pricing in Europe.
CARS・ | https://www.newsbreak.com/news/2696618810129/italy-s-smart-roads-to-be-operational-and-here-s-what-they-can-do | 2022-08-11T22:20:59Z | https://www.newsbreak.com/news/2696618810129/italy-s-smart-roads-to-be-operational-and-here-s-what-they-can-do | true | 1 |
Gov. Babajide Sanwo-Olu of Lagos State on Thursday said work on the state’s Leather Hub has reached 65 per cent completion.
Sanwo-Olu said this while addressing newsmen at the inspection of the hub at Matori Industrial Area of the state.
He said the contractor remained committed to the December deadline for the completion of the hub which he said, would have about 42 lock-up shops, where finished leather goods would be traded.
The News Agency of Nigeria (NAN) recalls that the tannery project was conceived by the Sanwo-Olu administration in 2020 for the production of leather products, such as shoes, belts, bags and upholsteries.
The facility would also offer training opportunities for youths to learn skills in leather manufacturing and earn a living in the value chain.
”Our contractor has committed to the December deadline but we will give him one or two months grace, because we are expecting the equipment to be used for the leather production to start arriving…
Source: Guardian Newspaper | https://www.newsheadlines.com.ng/guardian-news/2022/08/11/lagos-leather-hub-at-65-completion-sanwo-olu-the-guardian-nigeria-news/ | 2022-08-11T22:21:39Z | https://www.newsheadlines.com.ng/guardian-news/2022/08/11/lagos-leather-hub-at-65-completion-sanwo-olu-the-guardian-nigeria-news/ | false | 1 |
A man with an AR-15 and a nail gun went after the FBI office in Cincinnati, Ohio Thursday morning leading to a chase and crisis negotiation with the individual. Supporters of President Donald Trump have filled message boards with attacks on federal law enforcement and attacked the judge who signed the search warrant for Mar-a-Lago. Republicans have attacked the FBI, going so far as to demand defunding the FBI and implying that they planted evidence.
By Thursday afternoon, the FBI Agents' Association released a statement saying that leaders should be supporting federal law enforcement not urging on attackers.
"FBI Special Agents are dedicated members of the law enforcement community who put their lives on the line every day to protect the public from criminals and terrorists," the statement said. "Special Agents and their families should never be threatened with violence, including for doing their jobs."
"The threats made recently contribute to an atmosphere where some have, or will accept violence against law enforcement as appropriate. It is not. This is not a partisan or political issue. It is a matter of public safety and basic decency. Calls for violence against law enforcement are unacceptable, and should be condemned by all leaders."
READ MORE: Fox News contributor: Republicans rushing to defend Trump shows they don't belong in government
After the news broke about the search warrant, Rep. Paul Gosar (R-AZ) called to destroy the FBI. The tweet was still online three days later.
Earlier on Thursday, Rep. Steve Scalise (R-LA) was confronted by a Fox News host who asked what happened to "backing the blue," meaning why he was no longer supportive of law enforcement.
"The FBI, with 35,000 members, you know, now they apparently are receiving a lot of specific field agents are receiving specific death threats because there are a number of people online and elsewhere who are demonizing the FBI, and some Republicans," the Fox host explained to the Congressman. | https://www.rawstory.com/republican-on-fbi-agents/ | 2022-08-11T22:23:08Z | https://www.rawstory.com/republican-on-fbi-agents/ | true | 1 |
-Project debt financing to fund Augusta's first two purification lines and three East Coast PreP facilities expected to be completed by the fourth quarter.
-Received FDA prenotification letter confirming that the company will receive an agency opinion letter for the use of food-grade post-industrial recycled materials for all food types under Conditions of Use A-H, and a Letter of No Objection (LNO) for all food types under Conditions of Use E-G for food-grade post-consumer (stadium trash) recycled feedstock.
-PureCycle's flagship purification facility in Ironton, Ohio, ("Ironton") remains on schedule, targeting mechanical completion in the fourth quarter 2022 and expected pellet production by year-end 2022.
ORLANDO, Fla., Aug. 11, 2022 /PRNewswire/ -- PureCycle Technologies, Inc. ("PureCycle" or "the Company") (NASDAQ: PCT), a U.S.-based company revolutionizing plastic recycling, today announced a corporate update and financial results for the second quarter ending June 30, 2022.
Management Commentary
Dustin Olson, PureCycle's Chief Executive Officer, said, "PureCycle continued to build on its operational momentum during the second quarter of 2022 and execute against its strategic growth plan. The operational start-up of our flagship facility in Ironton remains on track and marks a significant milestone in PureCycle's commercial path to addressing the global plastic waste crisis. Our Augusta multi-line purification facility build-out is underway, with startup now expected to be in the first quarter of 2024. We continued to expand our feedstock supply network, with full allocation of Ironton and the first two lines in Augusta through multi-year commitments.
"PureCycle remains steadfast in its mission to advance the sustainable plastic revolution through its unique purification process. Our inaugural ESG report highlights PureCycle's commitment to sustainability with LCA data expecting to support a lower carbon footprint and reduction in energy expenditure as compared to traditional plastic production. PureCycle aims to mitigate its environmental footprint through proactive evaluation of operational impacts from preprocessing through pellet production. We look forward to updating the market with a more in-depth evaluation once our Ironton facility becomes fully operational."
Larry Somma, PureCycle's Chief Financial Officer, added, "We are pleased that project debt financing is expected to be completed by the fourth quarter of 2022. Upon the anticipated closing of this transaction, we expect to have sufficient capital to fund Augusta's first two purification lines and three East Coast PreP facilities."
Operational Update
PureCycle's flagship purification facility in Ironton remains on track with mechanical completion expected in the fourth quarter 2022 followed by initial pellet production by year-end. We are in the final phases of construction with 14 of the 26 modules delivered and lifted into place. In addition, PureCycle is nearing completion of its feed preprocessing ("PreP") build out and full commissioning is underway. The Ironton purification facility will have an annual capacity of 107 million pounds per year of Ultra-Pure Recycled ("UPR") resin.
During the second quarter, the Company's engineering, procurement, and construction activities at its first multi-line purification facility in Augusta continued to make progress. Due to the current economic climate, current projections anticipate mechanical completion, startup, and full commissioning in 2024. The PureCycle team is integrating lessons learned, and improvements from the Ironton construction into the Augusta development, which we expect will improve installation efficiency.
On May 25, 2022, PureCycle received a prenotification letter from the United States Food and Drug Administration (FDA) confirming that the company will receive an agency opinion letter for the use of food-grade post-industrial recycled materials for all food types under Conditions of Use A-H, and a Letter of No Objection (LNO) for all food types under Conditions of Use E-G for food-grade post-consumer (stadium trash) recycled feedstock. The Company currently plans for additional testing and intends to make further LNO submissions for additional Post-Consumer Recycled (PCR) sources and expanded conditions of use.
The Company recently announced three leadership changes effective August 5, 2022. Mike Otworth, Chairman of the Board of Directors and CEO of PureCycle, resigned and Dustin Olson, PureCycle's Chief Operating Officer and Chief Manufacturing Officer, was promoted to the role of CEO and joined the Company's Board of Directors. Mr. Olson has been with PureCycle since January 2021, leading technical, manufacturing and project operations. Dan Coombs, a current member of PureCycle's Board of Directors, was appointed, upon Mr. Otworth's departure, to the newly created position of Executive Chairman of the Board of Directors.
Feedstock and Commercial Update
PureCycle has continued to advance the feedstock procurement pipeline, with approximately 329 million pounds of polypropylene under Letter of Intent (LOI), to fully supply the first two lines of PureCycle's Augusta's purification facility. The Company continues to focus on securing feed for additional feedstock capacity and is actively targeting feed streams that are currently being landfilled or incinerated. PureCycle's current feedstock supply pipeline comprises three diverse types of waste streams: post-consumer non-curbside, post-consumer curbside, and post-industrial. During the second quarter, PureCycle's PureZero program expanded its recycling partnerships to include the Jacksonville Jaguars and is continuing with an expanded list of targets outside of stadium venues to advance PureZero concepts.
Augusta's purification lines 1 and 2 are currently 70% allocated through multi-year offtake contractual agreements and commitments, with notable volume derived from packaging converters. PureCycle continues to make progress on negotiations for the remaining 30% of available offtake. The market's continuing interest in PureCycle's UPR resin is demonstrated through the full offtake allocation of the Ironton facility and the acceptance of its Feedstock+ pricing model being implemented at Augusta.
To enhance feedstock supply for the Augusta multi-line purification facility and maximize transportation efficiencies, the Company is continuing to develop three regional feedstock PreP facilities along the East Coast. PureCycle currently anticipates its first regional PreP facility in Central Florida to be operational during the fourth quarter of 2022, with an annual sorting capacity of 115 million pounds of mixed plastic. During the second quarter, PureCycle selected two new locations to supply the Augusta multi-line purification facility: Denver, Pennsylvania, and on-site at the Augusta, Georgia facility. Additionally, the Company anticipates PreP facilities in Denver, Pennsylvania and Augusta, Georgia to be operational in the second half of 2023. The Denver, Pennsylvania PreP facility is expected to have a sort capacity of 175 million pounds annually and the Augusta PreP facility is expected to have a sort capacity of 263 million pounds and wash capacity of 331 million pounds annually.
Liquidity and Capital Resources
As of June 30, 2022, the Company had total liquidity of $516.4 million including $349.8 million of cash, cash equivalents and debt securities available for sale and $166.6 million in restricted cash. PureCycle had $249.6 million in debt and accrued interest, less $16.6 million of discount and issuance costs as of June 30, 2022. PureCycle's Ironton flagship purification facility's budget estimate is approximately $300 million, which was primarily funded through bond financing.
Conference Call
The Company will hold a conference call Friday, August 12 at 11:00 a.m. ET to provide an update on recent corporate developments, including activity from the second quarter and updated future strategic plans.
Please register for the conference call using the above link in advance of the call start time. The webcast platform will register your name and organization as well as provide dial-ins numbers and a unique access pin. If you have any difficulty connecting with the conference call, please contact Gateway Investor Relations at (949) 574-3860.
The conference call will have a live Q&A session and be available for replay here and on the Company's website at www.purecycle.com. Please note there will no longer be a telephonic replay.
A replay of the conference call will be available after 2:00 p.m. Eastern time on the same day through August 12, 2023.
Forward-Looking Statements
This press release contains forward-looking statements, including statements about the financial condition, results of operations, earnings outlook and prospects of PCT. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements.
Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements are based on the current expectations of the management of PCT and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of this press release. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described in the section of PCT's Annual Report on Form 10-K for the fiscal year ended December 31, 2021 entitled "Risk Factors," those discussed and identified in public filings made with the U.S. Securities and Exchange Commission (the "SEC") by PCT and the following:
- PCT's ability to meet, and to continue to meet, applicable regulatory requirements for the use of PCT's UPR resin in food grade applications (both in the United States and abroad);
- PCT's ability to comply on an ongoing basis with the numerous regulatory requirements applicable to the UPR resin and PCT's facilities (both in the United States and abroad);
- expectations and changes regarding PCT's strategies and future financial performance, including its future business plans, expansion plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and PCT's ability to invest in growth initiatives;
- PCT's ability to scale and build the Ironton facility in a timely and cost-effective manner;
- PCT's ability to complete the necessary funding with respect to, and complete the construction of the Augusta facility, its first U.S. cluster facility located in Augusta, Georgia, in a timely and cost-effective manner;
- PCT's ability to sort and process polypropylene plastic waste at its plastic waste prep ("Feed PreP") facilities;
- PCT's ability to maintain exclusivity under the Procter & Gamble Company license;
- the implementation, market acceptance and success of PCT's business model and growth strategy;
- the success or profitability of PCT's offtake arrangements;
- the ability to source feedstock with a high polypropylene content;
- PCT's future capital requirements and sources and uses of cash;
- PCT's ability to obtain funding for its operations and future growth;
- developments and projections relating to PCT's competitors and industry;
- the outcome of any legal or regulatory proceedings to which PCT is, or may become a party, including the recently filed securities class action case;
- the ability to recognize the anticipated benefits of the previously announced business combination consummated on March 17, 2021;
- unexpected costs related to the business combination;
- geopolitical risk and changes in applicable laws or regulations;
- the possibility that PCT may be adversely affected by other economic, business, and/or competitive factors;
- changes in the prices and availability of labor (including labor shortages), transportation and materials, including significant inflation, and PCT's ability to obtain them in a timely and cost-effective manner;
- the potential impact of climate change on PCT, including physical and transition risks, higher regulatory and compliance costs, reputational risks, and availability of capital on attractive terms;
- operational risk; and
- the risk that the COVID-19 pandemic, including any new and emerging variants and the efficacy and distribution of vaccines, and local, state, federal and international responses to addressing the pandemic may have an adverse effect on PCT's business operations, as well as PCT's financial condition and results of operations.
Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of PCT prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements.
All subsequent written and oral forward-looking statements or other matters attributable to PCT or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this press release. Except to the extent required by applicable law or regulation, PCT undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.
About PureCycle Technologies
PureCycle Technologies LLC., a subsidiary of PureCycle Technologies, Inc., holds a global license for the only patented solvent-driven purification recycling technology, developed by The Procter & Gamble Company (P&G), that is designed to transform polypropylene plastic waste (designated as No. 5 plastic) into a continuously renewable resource. The unique purification process is designed to remove color, odor, and other impurities from No. 5 plastic waste resulting in an ultra-pure recycled (UPR) plastic that can be recycled and reused over and over again, changing our relationship with plastic. www.purecycle.com
Investor Relations Contact:
Charles Place
cplace@purecycle.com
689.233.3595
Media Contact:
Anna Farrar
afarrar@purecycle.com
954.647.7059
View original content to download multimedia:
SOURCE PureCycle Technologies | https://www.wwnytv.com/prnewswire/2022/08/11/purecycle-technologies-provides-second-quarter-2022-update/ | 2022-08-11T22:25:31Z | https://www.wwnytv.com/prnewswire/2022/08/11/purecycle-technologies-provides-second-quarter-2022-update/ | true | 12 |
The United States says it will provide $89 million to help clear land mines, improvised explosive devices and unexploded ordinance planted by Russian forces as part of the Kremlin’s five-and-a-half-month-long invasion of Ukraine.
The aid package, announced Tuesday by the State Department, will help fund, train, and equip approximately 100 de-mining teams over the next year as they take on what officials described as a massive problem plaguing at least 160,000 square kilometers of Ukrainian territory, including 10% of Ukraine’s farmland.
“This is a challenge that Ukraine will face for decades,” an official told reporters Tuesday, speaking on the condition of anonymity under ground rules set by the State Department.
The official further compared Russia’s use of mines and explosives to the scorched earth playbook used by terrorist groups, like the Islamic State, also known as ISIS.
“This horrific use of improvised explosive devices by Russia’s forces is reminiscent of ISIS tactics in Iraq and Syria, where ISIS terrorists sought to inflict as many civilian casualties as possible & make people afraid to return home,” the official said.
“As Russia’s forces retreated from northern Ukraine, they had booby traps and improvised explosive devices in food facilities, car trunks, washing machines, doorways, hospital beds and even the bodies of those killed by the invasion,” the official said. “Ukraine’s Ministry of Foreign Affairs has stated that Russia’s forces deliberately hid explosives in toys and shiny objects that attract children’s attention.”
The $89 million will be taken from both the State Department Fiscal Year 2022 budget, as well as from a series of supplemental funding bills passed by Congress earlier this year.
The money will not go directly to the government of Ukraine but will be paid out over time to non-governmental organizations, contractors and other de-mining specialists, who will then work alongside Ukraine’s existing de-mining teams.
“While we’re announcing our intent to provide this assistance as quickly as possible, it is going to take a little bit of time because that training process is iterative,” the State Department official said.
Details on the training, including the precise location, are still being worked out, and U.S. officials are also in contact with allies about providing additional assistance.
A report by Human Rights Watch this past June, cited by the State Department, accused Russia of using seven types of anti-personnel landmines in Ukraine.
Anti-personnel mines, triggered by the proximity to or contact from a person, are banned under the 1997 Ottawa Convention.
Neither the U.S. nor Russia are signatories to the treaty. But U.S. President Joe Biden announced last month the U.S. would restrict its use of land mines, using them only to aid in the defense of South Korea from North Korea.
As part of previous security assistance packages to Ukraine, the U.S. has provided Claymore anti-personnel munitions. U.S. officials have said, however, that the Claymores in question have been configured to be consistent with the regulations set out by the Ottawa Convention.
For now, U.S. officials are expressing hope that the new assistance can amplify Ukraine’s existing de-mining efforts.
The State Department said Ukrainian teams already have cleared about 160,000 unexploded mines, ordinances and other devices.
And as new teams are trained, equipped, and sent in, the hope is that Ukraine and the U.S. can also get a better understanding of Russia’s strategy.
“We don’t have a lot of holistic data on what the patterns look like, specifically how those mines may have been laid,” the State Department official said in response to a question from VOA.
“It’s difficult to say at this point in time, really, what the logic was behind doing what they’ve done and continue to do,” the official added. “From what we are seeing, they [mines] have been used extensively in civilian areas. … The assumption is it would impede Russia from coming back potentially just as much as it would impede civilians from going home.”
Credit : Voice of America (VOA)
Photo Credit : Associated Press (AP) | https://www.newdelhitimes.com/us-unveils-89-million-package-to-help-ukraine-clear-russian-mines | 2022-08-11T22:26:07Z | https://www.newdelhitimes.com/us-unveils-89-million-package-to-help-ukraine-clear-russian-mines | true | 1 |
Playoff hopes on the line, Mercury down two stars vs. Wings
The Phoenix Mercury, locked in a five-way battle for the final two spots in the WNBA playoffs, will be without leading scorer Skylar Diggins-Smith when they host the Dallas Wings on Friday night.
Phoenix (14-20) is fighting Minnesota, Atlanta and New York, who all had identical records entering Thursday. Los Angeles is one game behind those four teams and also in contention.
The Mercury confirmed Thursday that Diggins-Smith would miss the final two games of the regular season for personal reasons. She missed their past two games, one with a non-COVID illness and Wednesday's 86-77 loss to Minnesota due to personal reasons.
She joins Diana Taurasi, who is out for the regular season with a quad injury. Both Taurasi and Diggins-Smith were missed as Phoenix lost 86-77 to Minnesota on Wednesday, their fourth loss in five games.
"We're just one day at a time moving forward. We've seen everything this year, so whatever gets thrown at us, we're ready to just lace them up and go," coach Vanessa Nygaard said, according to ESPN.
Diggins-Smith and Dallas' Arike Ogunbowale are virtually tied for the third in the WNBA this season with a scoring average of 19.7 points. Taurasi is ninth in the league in scoring (16.7).
Meanwhile, Dallas (17-17) has won five of its past six games and already clinched the sixth seed in the playoffs. But they too will be without their top scorer, as Ogunbowale is out through at least the first round of the playoffs with a hip injury.
Dallas is also without standout forward Satou Sabally, who hasn't played since July 12 due to an ankle injury.
Without Ogunbowale and Sabally, the Wings are relying more on 6-foot-7 center Teaira McCowan. Prior to this season, the Wings traded three first-round picks to acquire McCowan.
"She means everything to this team," Wings coach Vickie Johnson said of McCowan, who is averaging 10.7 points and 6.9 rebounds. "We want to be play inside out. When 'T' is in the game, we want to go to her in the post to get the other team in foul trouble.
"No one can guard her in the post if she is 100 percent healthy."
The good news for the Mercury on Friday is that they will be at home, where they are 10-6. Dallas has been respectable on the road at 9-7. However, Phoenix is just 1-2 against the Wings this year, including 0-1 at home.
--Field Level Media | https://www.dailymail.co.uk/wires/reuters/article-11104135/Playoff-hopes-line-Mercury-two-stars-vs-Wings.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-08-11T22:31:13Z | https://www.dailymail.co.uk/wires/reuters/article-11104135/Playoff-hopes-line-Mercury-two-stars-vs-Wings.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false | 1 |
Treasurer of the State of North Carolina reduced its holdings in Meta Platforms, Inc. (NASDAQ:META – Get Rating) by 1.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,016,970 shares of the social networking company’s stock after selling 12,672 shares during the period. Meta Platforms makes up about 1.3% of Treasurer of the State of North Carolina’s investment portfolio, making the stock its 9th biggest position. Treasurer of the State of North Carolina’s holdings in Meta Platforms were worth $226,133,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Advisors Capital Management LLC increased its position in shares of Meta Platforms by 21.6% during the first quarter. Advisors Capital Management LLC now owns 58,226 shares of the social networking company’s stock worth $12,947,000 after acquiring an additional 10,351 shares in the last quarter. Allen Capital Group LLC grew its position in Meta Platforms by 52.4% in the first quarter. Allen Capital Group LLC now owns 10,386 shares of the social networking company’s stock valued at $2,309,000 after purchasing an additional 3,570 shares in the last quarter. Union Investments & Development Ltd. bought a new position in Meta Platforms in the first quarter valued at $200,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD lifted its stake in Meta Platforms by 30.0% in the first quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 112,819 shares of the social networking company’s stock valued at $24,898,000 after acquiring an additional 26,004 shares during the last quarter. Finally, Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD lifted its stake in Meta Platforms by 35.3% in the first quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD now owns 38,278 shares of the social networking company’s stock valued at $8,448,000 after acquiring an additional 9,996 shares during the last quarter. Institutional investors own 65.49% of the company’s stock.
Insider Activity
In other news, CTO Andrew Bosworth sold 11,718 shares of Meta Platforms stock in a transaction on Sunday, May 15th. The shares were sold at an average price of $198.62, for a total value of $2,327,429.16. Following the completion of the sale, the chief technology officer now owns 11,913 shares in the company, valued at approximately $2,366,160.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Jennifer Newstead sold 342 shares of the company’s stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $180.53, for a total value of $61,741.26. Following the completion of the sale, the insider now owns 20,141 shares in the company, valued at approximately $3,636,054.73. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Andrew Bosworth sold 11,718 shares of the company’s stock in a transaction on Sunday, May 15th. The stock was sold at an average price of $198.62, for a total transaction of $2,327,429.16. Following the completion of the sale, the chief technology officer now owns 11,913 shares of the company’s stock, valued at approximately $2,366,160.06. The disclosure for this sale can be found here. Insiders sold 44,925 shares of company stock worth $8,896,652 in the last quarter. 13.59% of the stock is owned by corporate insiders.
Meta Platforms Stock Performance
Meta Platforms (NASDAQ:META – Get Rating) last issued its quarterly earnings results on Wednesday, July 27th. The social networking company reported $2.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.04). The firm had revenue of $28.82 billion during the quarter, compared to analyst estimates of $28.95 billion. Meta Platforms had a return on equity of 26.52% and a net margin of 28.16%. The firm’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter last year, the firm posted $3.61 EPS. Equities analysts forecast that Meta Platforms, Inc. will post 9.58 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
META has been the subject of a number of recent analyst reports. Royal Bank of Canada cut their price target on shares of Meta Platforms from $245.00 to $240.00 and set an “outperform” rating for the company in a research note on Wednesday, April 13th. Credit Suisse Group cut their price target on shares of Meta Platforms from $245.00 to $214.00 and set an “outperform” rating for the company in a research note on Thursday, July 28th. Morgan Stanley cut their price target on shares of Meta Platforms from $300.00 to $280.00 and set an “overweight” rating for the company in a research note on Tuesday, July 19th. Rosenblatt Securities cut their price target on shares of Meta Platforms from $212.00 to $181.00 and set a “neutral” rating for the company in a research note on Monday, July 25th. Finally, Susquehanna cut their price target on shares of Meta Platforms from $375.00 to $290.00 in a research note on Thursday, April 28th. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, thirty-three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Meta Platforms presently has an average rating of “Moderate Buy” and a consensus target price of $257.98.
Meta Platforms Profile
Meta Platforms, Inc develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.
Further Reading
- Get a free copy of the StockNews.com research report on Meta Platforms (META)
- Find and Profitably Trade Stocks at 52-Week Lows
- Disney (NYSE: DIS) Shares Just Gave Investors A Massive Signal
- Solar Stocks Shine Brightly After Passage Of Clean Energy Bill
- 3 Stable Growth Stocks for Bumpy Times
- Large And Small Oil-And-Gas Stocks See Post-Earnings Bounce
Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META – Get Rating).
Receive News & Ratings for Meta Platforms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meta Platforms and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.wkrb13.com/2022/08/11/treasurer-of-the-state-of-north-carolina-sells-12672-shares-of-meta-platforms-inc-nasdaqmeta.html | 2022-08-11T22:33:42Z | https://www.wkrb13.com/2022/08/11/treasurer-of-the-state-of-north-carolina-sells-12672-shares-of-meta-platforms-inc-nasdaqmeta.html | false | 2 |
Commanders head coach Ron Rivera drops truth bomb on Carson Wentz critics
Washington Commanders players and coaches have had glowing reviews of Carson Wentz ever since the veteran passer joined the organization in March. Still, there has been growing outside doubt on whether Wentz will truly thrive as the starting quarterback for Washington, unlike was the case in the latter years of his tenure with the Philadelphia Eagles and also his one-season run with the Indianapolis Colts.
From Commanders head coach Ron Rivera’s standpoint, he has no interest in hearing about the “narratives” regarding Wentz’s departures from the Eagles and Colts. As he opened up about to SiriusXM NFL Radio, Rivera has full confidence in the one-time Pro Bowler heading into the upcoming 2022 season.
“The narratives are all unfair,” Rivera said. “I mean, obviously he left each place for their reasons. OK, great — that’s their reasons. He’s here for our reason. He’s here because we want him here. He’s here because we see what he can do, we see what he’s done. And based on what we do, we see there’s an opportunity. And that’s why he’s here.
“And we have a lot of confidence in what we’ve seen so far. The guys have all assimilated to him. They’ve rallied around him. And that’s a huge plus because, again, based on what we went through for the last couple of years — and probably before I got here — trying to find the quarterback.”
The Commanders are set for their first preseason matchup on Saturday, as they will host the Carolina Panthers. Rivera did note during a press conference on Thursday that he aims to see the starters play in 15 to 20 snaps in the game, so Wentz will have another opportunity to build on chemistry with the likes of Terry McLaurin and Jahan Dotson.
Washington is also slated to face the Kansas City Chiefs and the Baltimore Ravens to finish off its preseason schedule. | https://clutchpoints.com/commanders-news-hc-ron-rivera-drops-truth-bomb-on-carson-wentz-critics/ | 2022-08-11T22:33:46Z | https://clutchpoints.com/commanders-news-hc-ron-rivera-drops-truth-bomb-on-carson-wentz-critics/ | true | 1 |
HORRY COUNTY, S.C. (WBTW) — A South Carolina woman was killed Wednesday afternoon after being accidentally impaled by a beach umbrella, according to Horry County Chief Deputy Coroner Tamara Willard.
On Wednesday, Tammy Perreault, 63, was at a beach in Garden City when a powerful gust sent the umbrella flying, the sharp end of the pole striking her in the chest, according to Willard. Perreault died a short time later at an area emergency room.
Willard said the umbrella didn’t seem to appear to belong to Perreault.
Horry County said it’s “continuing to look into the matter” and its “thoughts are with the family and friends of the victim as they navigate through this difficult time.”
On Wednesday, there were 10-15 mph winds with gusts up to 21 mph, according to WBTW Chief Meteorologist Frank Johnson. The winds were out of the west. The temperature was in the low 90s and the surf was normal.
Horry County-operated beach rules ban shading devices that obstruct a lifeguard’s view of an area. Shading devices also can’t be within 10 feet of an established umbrella line.
Shading devices must also be secured.
The U.S. Consumer Product Safety Commission recommends spiking beach umbrella poles into the sand at least two feet. Umbrellas should be tilted into the wind to prevent it from blowing away. The base should also be anchored, and sand should be packed around the base.
About 5,512 beach umbrella injuries were recorded to the National Electronic Injury Surveillance System between 2000 and 2019, according to a study published in the Journal of Safety Research in 2021. Wind was a cause in 50.6% of beach umbrella injuries. About 16.6% of the incidents included injuries to internal organs.
Most injuries occurred in women over the age of 40. | https://www.wtnh.com/news/national/woman-dies-after-being-impaled-by-umbrella-at-south-carolina-beach/ | 2022-08-11T22:33:45Z | https://www.wtnh.com/news/national/woman-dies-after-being-impaled-by-umbrella-at-south-carolina-beach/ | false | 24 |
Man accused of using ‘straw buyers’ to obtain guns in Las Vegas area
A man accused of recruiting “straw buyers” with fentanyl and other drugs has been charged with illegal gun and drug dealing.
Matthew Konrake Abrahamian was indicted Tuesday by a federal grand jury in Las Vegas. He faces one count of dealing firearms without the proper license and two counts of illegally distributing drugs.
His attorney, Assistant Federal Public Defender Nisha Brooks-Whittington, declined to comment on Thursday.
According to a criminal complaint filed in the case, Abrahamian was investigated by the Bureau of Alcohol, Tobacco, Firearms and Explosives in April 2021 after he purchased 40 guns. The complaint states that 24 of those guns were transferred to people who lived in California.
Abrahamian was not arrested during the initial investigation, but he was served with a warning notice related to unlicensed firearms dealing.
In July of this year, according to the complaint, a confidential informant described as “CI-1” told investigators that Abrahamian was using “straw buyers” to obtain guns. The informant said Abrahamian was paying individuals in fentanyl and other narcotics to purchase firearms on his behalf in the Las Vegas area.
“CI-1 continued to state that Abrahamian recruits individuals to purchase firearms and ammunition on his behalf because he was previously contacted by ATF regarding illegally dealing firearms without a license,” the complaint states.
The document also chronicles two occasions on which investigators allege Abrahamian sold a substance believed to be black tar heroin to two different ATF informants during controlled drug buys monitored by the agency.
Abrahamian is not in custody and has been sent a summons to appear in court. He’s scheduled to be arraigned on Aug. 19.
Contact Glen A. Meek at gmeek@reviewjournal.com or 602-380-8951. Follow @GlenMeekLV on Twitter. | https://www.reviewjournal.com/crime/courts/man-accused-of-using-straw-buyers-to-obtain-guns-in-las-vegas-area-2621758/ | 2022-08-11T22:34:00Z | https://www.reviewjournal.com/crime/courts/man-accused-of-using-straw-buyers-to-obtain-guns-in-las-vegas-area-2621758/ | false | 1 |
BEVERLY HILLS, Calif. (AP) _ Endeavor Group Holdings Inc. (EDR) on Thursday reported second-quarter net income of $25.8 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Beverly Hills, California-based company said it had net income of 9 cents. Earnings, adjusted for non-recurring costs, came to 32 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The entertainment, sport and content company posted revenue of $1.31 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.18 billion.
Endeavor expects full-year revenue in the range of $5.24 billion to $5.48 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EDR at https://www.zacks.com/ap/EDR | https://www.timesunion.com/business/article/Endeavor-Q2-Earnings-Snapshot-17367929.php | 2022-08-11T22:34:28Z | https://www.timesunion.com/business/article/Endeavor-Q2-Earnings-Snapshot-17367929.php | false | 14 |
Former Spokane doctor pleads guilty after hiring hitmen to assault colleague, kidnap estranged wife
A former Spokane neonatologist pleaded guilty Wednesday to transmitting threats in interstate commerce for his role in a scheme to hire hitmen from the internet to kidnap his estranged wife and assault a former colleague, U.S. Attorney Vanessa Waldref announced.
According to court documents, Ronald Ilg, 55, sent dozens of messages in early 2021 through the internet as part of a plot to hurt a former colleague and have his estranged wife kidnapped.
Ilg used the moniker “Scar215″ to hide his identity and sent more than $60,000 in Bitcoin for the scheme.
Ilg directed the hitmen to assault another Spokane-area doctor, with specific directions that the victim “should be given a significant beating that is obvious. It should injure both hands significantly or break the hands.”
Ilg paid more than $2,000 in Bitcoin in this scheme, sent the hitmen the victim’s address, and gave the hitmen a link to the victim’s picture.
In later messages, Ilg asked to see evidence that the beating happened and suggested that he had “another, more complicated job” for the hitmen if this one went well.
Regarding the second victim, Ilg solicited hitmen to kidnap his estranged wife and have her injected with heroin in an effort to get her to drop divorce proceedings that were pending at the time.
Ilg even devised a structure where he gave bonuses to the hitmen if they actually kidnapped the woman and achieved certain “goals.”
After the FBI got copies of Ilg’s messages, he falsely claimed in an interview that he hired the hitmen to kill himself.
Later, Ilg sent a letter to a key witness against him, begging her to marry him so he could control whether she testified. He also offered to pay tuition for the woman’s child to attend Gonzaga Preparatory School and St. Aloysius Catholic School in Spokane.
Ilg faces a statutory maximum of 10 years in prison plus up to three years supervised release. As part of the plea agreement, Ilg will serve between 60 and 96 months.
He is scheduled to be sentenced Nov. 8.
“This case demonstrates how violent offenders exploit cyberspace and cryptocurrency to further their criminal agendas,” Waldref stated. “Mr. Ilg solicited and paid for multiple dark web hitmen to target the two victims in this case. Mr. Ilg also wanted to target additional victims if the hitmen followed through with the plan to harm these first two victims.” | https://news.yahoo.com/former-spokane-doctor-pleads-guilty-212902258.html | 2022-08-11T22:37:16Z | https://news.yahoo.com/former-spokane-doctor-pleads-guilty-212902258.html | true | 1 |
CHILDREN'S
This spellbinding, poignant dark tale asks thought-provoking questions about friendship, loyalty and revenge
THE WORLDS WE LEAVE BEHIND
by A.F. Harrold, Illustrated by Levi Pinfold (Bloomsbury £12.99, 272 pp)
Impulsive, emotionally complicated Hex and his best friend Tommo are out playing when Hex accidentally hurts a young girl.
Despite denying the blame, her family attack him, so he races into the woods where he stumbles across a strange old woman in a cottage who offers to ‘disappear’ those whom he feels have wronged him, wiping clean everyone’s memory of them. But what are the consequences of rewriting history? And what menacing forces does this woman command?
This spellbinding, poignant dark tale asks thought-provoking questions about friendship, loyalty and revenge, in another stunning collaboration between award-winning author and illustrator. Don’t miss it.
A touching, original snapshot of our ability to reach others through the simplest of gestures
PAPER BOAT, PAPER BIRD
by David Almond, Illustrated by Kirsti Beautyman (Hodder £9.99, 112 pp)
It’s more than ten years since we last met unconventional, imaginative Mina in My Name Is Mina, Almond’s prequel to his award-winning Skellig.
Now, in this book based on his own young daughter’s experience in Tokyo, Mina and her mother are on holiday in Japan when during a bus trip a woman makes an origami boat and bird that she gives to Mina. Enchanted, Mina attempts to fold her own versions and writes a friendship message before floating them on a lake.
When a young boy picks them up and writes his own message, a connection is formed and the children tentatively communicate.
A touching, original snapshot of our ability to reach others through the simplest of gestures.
Fascinating science underpins this tightly-plotted and gripping adventure that reminds us how fragile the ecosystem is
THE LAST WHALE
by Chris Vick (Zephyr £14.99, 304 pp)
Teenage climate activist Abi has stolen a sophisticated AI device that she smuggles on a family holiday to her grandmother in Norway. There she discovers that her dead great-grandfather, once a whaler, recorded a rare whale song that converted him to conservation.
Convinced that the songs carry a message, Abi enlists the help of the AI, christened Moonlight, to decode the music — and they discover a fast-disappearing migration pattern that protects the Earth from self-destruction.
Fast forward 30 years and Abi, her daughter and Moonlight live on a remote island as the world is dying.
Can they find the elusive whales on whose existence the planet’s future depends?
Fascinating science underpins this tightly-plotted and gripping adventure that reminds us how fragile the ecosystem is. | https://www.dailymail.co.uk/home/books/article-11103699/CHILDRENS.html | 2022-08-11T22:37:44Z | https://www.dailymail.co.uk/home/books/article-11103699/CHILDRENS.html | true | 2 |
MONTICELLO – More people are using Piattran this year says Transportation Director Jami Trybom.
“We have a 20% growth month over month from last year,” she told the Piatt County Transportation Committee last month. “We did have a decline in February, but there were fewer service days this year, compared to last year, so if you were to break it down by service days, we are still ahead.”
Those service days were reflected in March when ridership jumped 46% over the previous year.
Over the past fiscal year which ended June 30, the number of rides increased from 20,879 (between July 1, 2020 and Jun 30, 2021) to 30,396 (between July 1, 2021 and June 30, 2022). The miles driven went from 230,063 to 282,669. In-county rides went from 15,875 to 20,487 and out of county rides rose from 5,004 to 9,909.
The number of students showed the biggest increase during that time. That number rose from 10,291 to 15,688.
“If you live within a mile of the school, you can’t ride the yellow school bus,” Trybom explained. “Head Start (a childhood care program) started with 19 kids and so that is 38 rides per day and that helped boost those numbers. We also transport a lot of students who are going to babysitters or someplace after school. We see a lot of students.”
The statistics reflect that the Covid 19 pandemic affect ridership between March 2020 and March 2021.
In the 10-and-a-half weeks prior to the pandemic, Piattran provided 7,514 rides.
In the 42 weeks following the outbreak between March 16 and Dec. 31, 2020, there were only there were only 7,114 riders.
In the 13 weeks between Jan. 1 and March 31, 2021, there were 5,854 riders.
In fiscal year 2020, Piattran saw a 63% decrease in ridership, which increased by 37.4% in the following year.
“We have seen an average of 20% growth in ridership the first half of this year compared to the first half of last year. ,” Trybom said. “Compared to our pre-covid ridership, we are still 46% less than the rides we were providing in January through June of 2019.”
In the last fiscal year, 12,255 riders were students, another 1,646 riders used Piattran to get to a medical appointment, 520 used it if for shopping, 4,688 used the service for social or recreational activities and 3,156 used it for work. | https://www.journal-republican.com/news/local/more-people-using-piattran/article_dd404c40-1745-11ed-a676-63ea2d5b0e82.html | 2022-08-11T22:40:09Z | https://www.journal-republican.com/news/local/more-people-using-piattran/article_dd404c40-1745-11ed-a676-63ea2d5b0e82.html | true | 1 |
LifeWorks Inc. (the "Company" or "LifeWorks”) (TSX: LWRK) today reported its financial results for the three and six-month period ended June 30, 2022 (all amounts are in Canadian dollars, unless noted otherwise).
Comments from president and chief executive officer, Stephen Liptrap
“The acquisition of LifeWorks by TELUS that opens up an exciting new chapter for both companies. It is a positive outcome for all LifeWorks stakeholders – our shareholders, employees, clients and partners. As we work toward completing the transaction, in the second quarter we continued to strengthen all our core businesses with an increased focus on leveraging our competencies as the trusted leader in employee mental health. We saw growth accelerate in the back half of the quarter as fee for service revenue started to return. We continue to make good progress with increasing staff counsellors, now at 65 per cent, and we expect the pricing actions to kick in as we move to Q3 and Q4. In the past quarter, we were able to offset the annual merit increases and inflationary pressures with operational improvements.
“Under the LifeWorks Total Mental Health banner, we are moving confidently forward with market-leading solutions built on machine learning and AI, combined with unmatched in-person support through our global counselor network, all toward delivering the right mental health service to the right person at the right time in the right way: in-person, digital, chat, video, on any device at any time. And, by joining up with TELUS, we have a compelling growth opportunity to be the global leader in employee health care and wellness.”
Benestar acquisition
LifeWorks also announced an agreement with Cover-More Group to acquire Benestar, a leading employee assistance program (EAP) and workplace wellbeing provider in Australia and New Zealand. Benestar is wholly owned by Cover-More, a company of Zurich Insurance Group. The acquisition is subject to review by the Australian Competition and Consumer Commission (ACCC).
Final Order
On August 11, 2022, the Company obtained a final order (the “Final Order”) from the Ontario Superior Court of Justice (Commercial List) approving the Arrangement.
The granting of the Final Order follows the approval of the Arrangement by LifeWorks’ shareholders on August 4, 2022.
Key regulatory approvals received
The Company also announced earlier today that the Competition Bureau of Canada has issued a no action letter in respect of the Arrangement. Accordingly, Competition Act Approval, as defined and as required by the Arrangement Agreement previously entered into between the Company and TELUS, has been obtained.
In addition, the applicable waiting period in relation to the Arrangement under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, has expired.
Completion of the Arrangement remains subject to the satisfaction of the remaining regulatory approvals, FIRB Approval and the UK NSI Act Approval, as defined in the Arrangement Agreement, and customary conditions to closing of the Arrangement.
Availability of financial statements and MD&A
Our complete financial results, including a discussion of factors affecting those results, can be found in our financial statements as at and for the three months ended June 30, 2022, along with the Management’s Discussion and Analysis in respect of those financial statements which are available under our profile on SEDAR at sedar.com.
About LifeWorks
LifeWorks is a world leader in providing digital and in-person solutions that support the total wellbeing of individuals. We deliver a personalized continuum of care that helps our clients improve the lives of their people and by doing so, improve their business.
Financial measures
To assist investors in assessing the Company's financial performance, this news release may also make reference to certain key performance indicators and non-IFRS financial metrics such as Adjusted EBITDA margin, Constant currency organic revenue growth, and Tech-enabled recurring revenue. The Company believes that these are useful supplemental measures to assist our investors in assessing our financial performance. See the Company's MD&A for more details. These financial measures do not have any standard meaning prescribed by International Financial Reporting Standards and therefore may not be comparable to similar measures presented by other issuers.
- “Adjusted EBITDA margin” is defined as Adjusted EBITDA (profit before finance costs, income tax expenses, depreciation, amortization, impairment losses, and certain unusual expenditures) as a percentage of revenue.
- “Constant currency organic growth” is defined as organic growth (revenue growth adjusted for the impact of acquisitions, divestitures, and other non-recurring changes) before foreign currency translation impacts, which is calculated by translating current period results in local currency using the conversion rates from the comparative period.
- “Tech-enabled recurring revenue” consists of our Integrated Health Solutions retainer and platform business, internet-based cognitive behavioural therapy (“iCBT”), and ongoing system-based Health and Welfare offerings within Administrative Solutions.
Forward-looking information
This news release contains "forward-looking information" within the meaning of applicable securities laws, such as statements concerning anticipated future events, results, circumstances, performance, or expectations that are not historical facts. Specific statements used in this news release that may contain “forward-looking information” include but are not limited to statements with respect to: statements with respect to whether the Arrangement will be consummated; statements with respect to whether the acquisition of Benestar will be consummated; the anticipated benefits of the potential acquisition of Benestar; the discussion of our business and operating segments, focuses and strategies, our expectations of future performance for our various operating segment units and our consolidated financial results. They are based on certain factors and assumptions, including expected growth, results of operations, business prospects and opportunities Use of words such as "may," "will," "expect," "believe," “could,” “would,” “intend,” or other words of similar effect may indicate "forward-looking information.” Forward-looking information is not a guarantee of future performance and is subject to numerous risks and uncertainties, including those described in the Company's publicly filed documents (available on SEDAR at sedar.com) and in the Company’s MD&A under the heading "Risks and Uncertainties."
Those risks and uncertainties include, among other things, risks related to the required regulatory and other consents and approvals to effect the Arrangement and the possibility the arrangement agreement governing the Arrangement could be terminated under certain circumstances; risks related to the required consents and approvals to effect the acquisition of Benestar and the possibility the purchase agreement governing the acquisition of Benestar could be terminated under certain circumstances; the ability to maintain profitability and manage growth, competition, reliance on information systems and technology, reputational risk, satisfactory performance of client obligations, general economic conditions, pandemics, natural disasters or other unanticipated events (including the novel coronavirus and variants thereof (“COVID-19”) pandemic), dependence on key clients and key channel partners, risk of future legal proceedings, protection of intellectual property, foreign exchange risk, insurance, indebtedness and interest rates, credit risk, dividends, and market price. Many of these risks and uncertainties can affect the Company's actual results and could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking information or statement made by the Company or on the Company’s behalf. Given these risks and uncertainties, investors should not place undue reliance on forward-looking information as a prediction of actual results.
All forward-looking information in this news release is qualified by these cautionary statements. These statements are made as of the date of this news release and, except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on analyses, expectations, or statements made by third parties in respect of the Company, its financial or operating results, or its securities.
ID-CAD, ID-IR, ID-CORP
View source version on businesswire.com: https://www.businesswire.com/news/home/20220811005727/en/ | https://www.gurufocus.com/news/1847941/lifeworks-reports-q2-2022-results-court-approval-and-key-regulatory-approvals-for-transaction-with-telus-and-a-conditional-agreement-to-acquire-benestar | 2022-08-11T22:43:32Z | https://www.gurufocus.com/news/1847941/lifeworks-reports-q2-2022-results-court-approval-and-key-regulatory-approvals-for-transaction-with-telus-and-a-conditional-agreement-to-acquire-benestar | true | 1 |
TUCSON (KVOA) — A black bear is on the loose on Tucson's northwest side Thursday.
According to the Arizona Game And Fish Department, it may be the same bear that made an appearance just south of the area in May.
Cell phone video captured the black bear just outside a home near Ina and Oracle roads Wednesday afternoon.
Jack Bailey lives right nearby. He tells News 4 Tucson his wife and neighbors spotted the bear coming down from a wash.
Bailey has lived in Alaska. He is familiar with bears but he's surprised to see a bear in the desert.
"Pretty rare, I know we have mountain lions and javelina, but I didn't realize black bear would come down from the mountain," Bailey said. "I don't know if they're looking for trash or were just driven down by the rain or whatever."
Mark Hart, a spokesman with Arizona Game and Fish, says this bear is very likely looking for his next meal and scampered north to Oro Valley Thursday morning.
"We just finished patrolling the area near the Linda Vista Trail," Hart said. "It was last seen in a backyard in that area. With bears it's all about food. They can smell food a mile away."
Hart said there's a possibility this is the same bear that was spotted across town in May.
"Based on size and color, it may be the same bear that made a run towards Fort Lowell Park in May," he said. "It's the same situation we were in then, we get a call, we go to the area in hopes of tranquilizing and moving it and it takes off."
The Arizona Game and Fish Department need the public's help locating this bear. If you see it, you're urged to call 623-236-7201 right away. | https://www.kvoa.com/news/local/bear-spotted-in-several-northwest-side-neighborhoods/article_4858aeae-19c2-11ed-b934-33a4f1b66aa4.html | 2022-08-11T22:47:08Z | https://www.kvoa.com/news/local/bear-spotted-in-several-northwest-side-neighborhoods/article_4858aeae-19c2-11ed-b934-33a4f1b66aa4.html | false | 1 |
The Shape of the Environment
to
Arts + Literature Laboratory 111 S. Livingston St., Madison, Wisconsin 53703
Sparker
A colorful art work by Sparker.
"Venus," a work in "The Shape of the Environment" exhibit at ALL.
media release: The Shape of the Environment, an exhibition that explores a wide variety of topics related to environmental issues, will take place at the Arts + Literature Laboratory from Aug. 23 - Nov. 4, 2022. The opening reception will take place on Friday, Aug. 26, from 6-8pm. Curated by Lelia Byron, the exhibition will include work by Fábio Erdos, Patrizia Ferreira, Hong Huo, Hattie Lee, Lianne Milton, Richie Morales, Beth Racette, Nirmal Raja, Sparker, Roberto Torres Mata, Maria Amalia Wood, Derick Wycherly, and Rina Yoon. The exhibition is free and open to the public to visit during regular gallery hours. During the exhibition, there will also be a number of free interactive events including an opening reception, educational workshops, a film screening, a reading, a discussion event for scientists and artists, and a closing event with a performance. The reading will include work from Tension Zones Collective Daybook with Martha Bergland, Chuck Stebelton, Kate VandenBosch, Jane Curtis, and Rose Heflin, as well as special guest Mrill Ingram. See list below for the dates and times of all events.
The Arts + Literature Laboratory is located at 111 S Livingston St Suite 100, Madison, WI 53703. Gallery hours are Tuesday-Friday 10am-5pm and Saturday 12-5pm. Thank you to the Madison Arts Commission and Dane Arts for supporting this project.
Says Lelia Byron, “I believe that artists can be creative problem solvers and innovators. One idea for the exhibition is to serve as a platform or a bridge bringing together artists, writers, scientists, and community members to make connections and help foster a collaborative creative community working to think of innovative ways to approach environmental topics.”
In The Shape of the Environment, the exhibiting artists convey the importance of different environmental issues for people across the globe. For example, in her photo series, The Hinterland, Lianne Milton photographs the semiarid region known as the Sertãoao, in Brazil, documenting how the deforestation of the Amazon rainforest is drastically altering the climate. Filmmaker Fábio Erdos, meanwhile, makes work about a recent Greenpeace expedition into the Antarctic and its deep sea. His project shares with us the diverse, colorful, and abundant world that inhabits the seabed beneath the icebergs and the impact climate change is having on this area.
Of course, in the exhibition natural materials and living too have a strong presence. Rina Yoon’s work, for example, includes some of the remains from burn sites of the Bighorn Fire in Arizona. These remains were gathered, cleaned, and added hand coiled paper to as a way of conversing with the trees that may not have survived the fire but still had a story to tell. Meanwhile, Patrizia Ferreira’s The Tree of Life has at its center an Ombú tree, a centenarian dioecious evergreen tree native to the Pampa of Uruguay and Argentina. In her work, it functions as an allegorical representation for resilience.
Another recurring topic among the exhibiting artists is the interest in exploration of materials. In making her collages and fiber works, Hattie Lee thinks about the resourcefulness in Native histories and survival, rural farming ancestors, and her depression-era Grandmother’s values. In Strange Dwelling, Hong Huo mixes ink with soap water and uses breath to blow bubbles onto paper. Using fire and water, a complementary pair in Chinese philosophy, as a central theme, Hong asks if we can find a balanced way to live among such extremes in ideas, opinions, and environmental conditions. Finally, Sparker explores materials to create immersive installations, rendering an environment that is totally abstract, nonsensical, absurd. The non-narrative in Sparker’s installations gives nothing to hold on to, no expectations or timeline to grasp, no events vulnerable to judgment.
Roberto Torres Mata and Derick Wycherly delve into handmade papermaking. Roberto draws on handmade sheets of paper made from mulberry plants. His work on migration examines the critical factors, including the impact of climate change, that cause displacement. Derick Wycherly’s work considers gift-giving as an Indigenous technology that connects people with one another and the land base they occupy. Specializing in printmaking and papermaking, Derrick’s handmade paper maps our relationships in place and time.
In the exhibition, artists also explore language and interdisciplinary fields. For her work, Nirmal Raja thinks about the special significance that clouds have in India as the much anticipated carriers of the monsoon season after a long, dry summer. Her work, Cloud Palace takes inspiration from an epic poem titled Meghdootam or “cloud messenger” written by a 4th-century Indian poet- Kalidasa. Richie Morales also explores language, describing painting as his first language. His work for the exhibition is about the armament industry and the genealogy of violence, describing the armament industry from production to use as the most destructive human activity for Nature.
For many artists, making the work in this exhibition has been an opportunity to learn and reflect. For Beth Racette, making her series of Gaia paintings has been an opportunity to learn about and portray the many systems and aspects of the Earth. These paintings reflect Beth’s contemplation of the interconnectedness of life and the processes of flow. Maria Amalia Wood, whose creative practice incorporates textiles, papermaking, and community-focused storytelling reflects on her experience during the deadliest Atlantic hurricane in Central America’s history in 1998, asking the question, “How long before mending what we have torn apart is no longer an option?”
Free Public Events:
August 26 (Friday) - Exhibition Opening - 6-8pm
September 18 (Sunday) - Orientations: A Reading from the Tension Zones Collective Daybook with Martha Bergland, Chuck Stebelton, Kate VandenBosch, Jane Curtis, Rose Heflin, plus special guest Mrill Ingram - 2-4pm
October 1 (Saturday) - Film Screening - 7-9pm
October 8 - (Saturday) Adult Papermaking Workshop - 2-4pm
October 16 - (Sunday) Discussion Event With Artists and Scientists - 2-4pm
November 4 - (Friday) Gallery Night Closing Event and Performance - 5-9pm | https://isthmus.com/events/shape-of-the-environment-reception/ | 2022-08-11T22:49:39Z | https://isthmus.com/events/shape-of-the-environment-reception/ | true | 4 |
JCC unveils new esports arena
WATERTOWN, New York (WWNY) - Jefferson Community College is looking to log in and level up in the rapidly growing world of collegiate esports with the unveiling of its brand new esports arena.
“It’s unbelievable man. It’s really hard to put into words - just being able to test out the new equipment, being able to just hang out with everybody who has the same interests and the same competitive edge as me. It’s an unreal feeling,” said Dani Nicholson, esport athlete.
The Cannoneers cut the ribbon Thursday afternoon on their new, state-of-the-art gaming arena for its first season in competitive collegiate gaming.
With more than two dozen gaming stations, college leaders hope this will create a culture of community on campus.
“As we’ve been remote and things of that sort, we know that technology is huge. So esports is right along the lines with that. So now we have students that can literally talk with and compete with other students in a different state, in a different city, in a different country,” said Corey Campbell, vice president for Student Engagement & Retention.
“It’s still all about teamwork; you know, sportsmanship, teamwork, leadership ability. So they all get those, within sports, they all get those lifelong learning experiences. Hopefully, with esports, we’ll do the same thing,” said JCC Athletics Director Jeff Wiley.
And if you’re skeptical about getting a scholarship for playing Super Mario...
“Student-athletes, they have to meet a different demand than other students. In order to continue to play you have GPA requirements, you have all these things. This is an opportunity to engage students and get them engaged, and keep them here on campus until they get their degree,” said JCC Administrator in Charge Dr. Daniel Dupee.
First-year head coach and former student-athlete Joseph Wargo is building a program from square one.
“Working with other schools right now, trying to get some different scrimmages set up for our different game titles that we’re offering. Our teams and rosters will be in here throughout the weeks working together, playing together. Practicing like any other sport, you know, working together and learning each other’s play styles. In that, we’ll have a month to get ready to go between that and scrimmages. So we’ll be ready to go for October 3rd,” he said.
JCC will compete in games like Fortnite, Madden NFL Football and a variety of titles from the Call of Duty Series. Sign-ups for the Fall 2022 season can be found on the JCC athletics homepage.
Copyright 2022 WWNY. All rights reserved. | https://www.wwnytv.com/2022/08/11/jcc-unveils-new-esports-arena/ | 2022-08-11T22:49:49Z | https://www.wwnytv.com/2022/08/11/jcc-unveils-new-esports-arena/ | false | 1 |
Plus: Juventus are edging closer to the capture of Barcelona forward Memphis Depay, Chelsea's hopes of signing Wesley Fofana receives a boost while Hakim Ziyech is reportedly ready to accept a wage cut in order to seal a move to AC Milan
Thursday 11 August 2022 23:00, UK
All the top stories and transfer rumours from Friday's national newspapers...
DAILY MIRROR
Manchester City are plotting a late swoop to sign Arsenal defender Kieran Tierney this summer following Oleksandr Zinchenko's move to the Emirates Stadium.
DAILY MAIL
Southampton stars have reportedly become disillusioned with manager Ralph Hasenhuttl and were surprised he was not axed in the summer.
New pictures have been released highlighting the progress being made on Everton's new £500m stadium at the Bramley-Moore dock.
Real Madrid president Florentino Perez has declared Barcelona's supposed revival as 'good' for world football.
Juventus are edging closer to the capture of Barcelona forward Memphis Depay as the Catalan giants continue their mad rush of attempting to register their summer signings ahead of the new campaign.
Manchester City are interested in signing Atletico Madrid defender Renan Lodi as they attempt to solve their left-back issues.
Leeds United are weighing up a move for Philadelphia Union left back Kai Wagner.
Former Newcastle United starlet Yasin Ben El-Mhanni is on trial at Championship club Reading as he looks to resurrect his career.
Liverpool defender Sepp van den Berg is the subject of loan interest from a host of Championship clubs.
Everton have made a move to sign Southampton striker Che Adams.
West Ham are threatening to sue the owners of the London Stadium if there is no cut in beer prices before the next home game.
THE ATHLETIC
Burnley have moved on from their interest in Rangers forward Fashion Sakala with the Zambian international to remain a part of Giovanni van Bronckhorst's squad this season.
Crystal Palace defender Nathan Ferguson is expected to be out for around eight weeks with a foot injury.
Manchester United will play their Women's Super League home fixture against Aston Villa at Old Trafford.
DAILY STAR
Ralf Rangnick has suggested that Sasa Kalajdzic should reject a move to Manchester United.
THE TIMES
Paris Saint-Germain officials met the agent of Marcus Rashford last week as they attempted to gauge whether he is willing to leave Manchester United.
West Ham United are embroiled in a row with their landlord over beer prices after fans expressed anger at paying £7.30 for a pint at the London Stadium.
Chelsea's hopes of signing Wesley Fofana have received a boost after Brendan Rodgers suggested the centre back could leave Leicester City this summer - but Barcelona are determined to keep hold of Pierre-Emerick Aubameyang, another target for the London club.
Nottingham Forest are confident of signing the Watford striker Emmanuel Dennis for a fee of up to £25m.
THE SUN
Manchester United's share price saw its biggest daily rise in nine years as Michael Knighton announced a takeover bid.
Arsenal failed to secure a sell-on clause when they allowed Pierre-Emerick Aubameyang to leave for nothing to join Barcelona.
Chelsea are reportedly interested in a swap deal that would see Christian Pulisic go to Roma - and see Tottenham target Nicolo Zaniolo head the other way.
Hakim Ziyech is reportedly ready to accept a wage cut in order to seal a move to AC Milan.
Marseille have reportedly made contact with Manchester United over a loan deal for Eric Bailly.
Brighton are keen on Fleetwood wonderkid Paddy Lane.
DAILY TELEGRAPH
Tottenham will trigger their option to sign Cristian Romero on a permanent deal this month in a deal worth £46.5m.
Manchester United have agreed a season-long deal for Ethan Laird to join QPR and be part of their Championship promotion campaign.
Grassroots sport is in a tug-of-war over heatwave season delays, as clubs express resistance to moving games despite lawyers warning they may be liable for injuries.
World Rugby has hit back in its first public response to the concussion lawsuit brought by former players, casting doubt on the numbers involved and criticising their tactical recruitment.
DAILY EXPRESS
Juan Mata is still searching for his next club after leaving Manchester United and is reportedly highly regarded by Leeds. | https://www.skysports.com/football/news/11095/12670909/manchester-city-plotting-late-swoop-to-sign-arsenal-defender-kieran-tierney-paper-talk | 2022-08-11T22:49:58Z | https://www.skysports.com/football/news/11095/12670909/manchester-city-plotting-late-swoop-to-sign-arsenal-defender-kieran-tierney-paper-talk | false | 1 |
Chicago First Alert Weather: Sunny days ahead
CHICAGO (CBS) -- Clear skies and cool tonight. Lows will range from low 60s in the city to low to mid 50s in the suburbs.
According to CBS 2 Chief Meteorologist Albert Ramon, high pressure over the area will make for a sunny and dry Wednesday.
Highs will be in the low to mid 80s. A front will pass through the area on Thursday. A spotty shower is possible, but most of the area will be dry.
Mostly sunny on Thursday and Friday afternoon with highs in the mid to upper 70s. Low 80s this weekend with a chance for showers late Saturday through Sunday. Less than a quarter of an inch of rainfall is expected.
TONIGHT: Clear skies, dry and cool. Low 61°
WEDNESDAY: Sunny skies. High 84°
THURSDAY: Mostly sunny. High 77° | https://www.newsbreak.com/news/2699405108912/chicago-first-alert-weather-sunny-days-ahead | 2022-08-11T22:55:52Z | https://www.newsbreak.com/news/2699405108912/chicago-first-alert-weather-sunny-days-ahead | false | null |
FIFA confirmed this Thursday that the The 2022 World Cup will start on November 20, a Sunday, and not on the 21st, as originally planned. The opening game of the Cup will be played between Qatar and Ecuadorrat 1 pm Brasilia (7 pm local time) at Al Bayt Stadium. Immediately before, the opening ceremony of the World Cup will be held.
In the original schedule for the Cup, released shortly after the group draw on April 1, the first game would be between Netherlands and Senegal, at 7:00 GMT (13:00 GMT). Soon after, the match between England and Iran would take place. And only then, before the third game of the day (Qatar vs Ecuador) would the opening ceremony take place.
The decision was taken by the Bureau of the FIFA Council, a body formed by the presidents of the six continental confederations and the FIFA president himself, Gianni Infantino.
- See the World Cup table
- Simulate the results of the World Cup
Al Bayt Stadium during the Arab Cup: the venue will host the opening of the 2022 World Cup – Photo: Reuters
– It is a long-standing tradition to mark the start of the World Cup with an opening ceremony before the first match as the host team or the reigning champion, which has value from a symbolic, cultural and commercial point of view. internal communication before the decision is taken.
With the change, the game between Netherlands and Senegal will also be played later on November 21, a Monday. Instead of 7 am (from Brasília), it will be at 1 pm, which will allow a better audience in Europe and Africa.
The change has no impact on the release dates of players from their clubs. The main leagues in the world (including the Brazilian Championship) will have rounds on November 13, a Sunday. The next day, athletes must present themselves to their teams to compete in the Cup.
The 2022 World Cup is marked by a series of unprecedented milestones. Never before has the World Cup been played in November and December – the change was made to avoid the intense heat of June and July in the Middle East.
It will also be the first World Cup in the Middle East and the “smallest” edition of the World Cup, as the longest distance between stadiums is around 70 kilometers, which was welcomed by physical trainers and coaches for avoiding the wear and tear of plane travel between games.
On the other hand, it will be the last World Cup in the current format, with 32 teams. From 2026, the World Cup will have 48 participants, a format that was approved by FIFA in 2017.
Brazil face Serbia, Switzerland and Cameroon in the World Cup | https://playcrazygame.com/2022/08/12/fifa-confirms-anticipation-of-the-opening-match-of-the-cup-to-20-november-world-cup/ | 2022-08-11T22:57:11Z | https://playcrazygame.com/2022/08/12/fifa-confirms-anticipation-of-the-opening-match-of-the-cup-to-20-november-world-cup/ | true | 2 |
Armed Man Approaches FBI Office, Exchanges Gunfire With Cops
CINCINNATI (AP) — An armed man decked out in body armor tried to breach a security screening area at an FBI field office in Ohio on Thursday, then fled and was injured in an exchange of gunfire in a standoff with law enforcement, authorities said.
The confrontation at the FBI’s Cincinnati field office comes as officials warn of an increase in threats against federal agents in the days following a search of former President Donald Trump’s Mar-a-Lago estate in Florida.
Federal officials said the man had “attempted to breach” the visitor’s screening area at the FBI office and fled when he was confronted by agents. He was chased onto Interstate 71, and a shot was fired from his car, according to the Ohio State Highway Patrol.
The suspect left the interstate and abandoned his car on nearby roads, where he exchanged gunfire with police. The man has “unknown injuries,” but no one else was hurt, the patrol said.
Officials in Ohio have locked down a mile radius near the interstate and urged residents and business owners to lock doors and stay inside. The interstate has been reopened.
An FBI evidence team has arrived at the office to investigate, according to multiple media reports.
There have been growing threats in recent days against FBI agents and offices across the country since federal agents executed a search warrant at Mar-a-Lago. On Gab, a social media site popular with white supremacists and antisemites, users have warned they are preparing for an armed revolution.
Federal officials have also been tracking an array of other concerning chatter on Gab and other platforms threatening violence against federal agents. FBI Director Christopher Wray denounced the threats as he visited another FBI office in Nebraska on Wednesday.
“Violence against law enforcement is not the answer, no matter who you’re upset with,” Wray said Wednesday in Omaha.
The FBI on Wednesday also warned its agents to avoid protesters and ensure their security key cards are “not visible outside FBI space,” citing an increase in social media threats to bureau personnel and facilities. It also warned agents to be aware of their surroundings and potential protesters.
The warning did not specifically mention this week’s search of Mar-a-Lago but attributed the online threats to “recent media reporting on FBI investigative activity.” | https://www.kwhl.com/armed-man-approaches-fbi-office-exchanges-gunfire-with-cops/ | 2022-08-11T22:59:26Z | https://www.kwhl.com/armed-man-approaches-fbi-office-exchanges-gunfire-with-cops/ | true | 20 |
LAFOLLETTE, Tenn. — On Friday, lawyers for Monty Miller sent paperwork to the city to preserve evidence related to his firing from the LaFollette Police Department.
"Ultimately, our goal is for him to get his job back," said L. Scott Miller, Sgt. Miller's attorney.
At its meeting on August 2, 2022, the LaFollette City Council voted 3-1 to fire Miller and Brian Tiller from the department after allegations that Miller created a toxic workplace.
The allegations stemmed from a suspension involving LaFollette Police Captain Steve Wallen. On June 7, 2022, LPD began looking into a missing citation and placed Captain Wallen on unpaid leave while the TBI investigated.
Wallen was re-instated, and the District Attorney General declined to bring any charges. On August 2, the LaFollette City Council voted to name Wallen the city's police chief, beginning on August 13.
In a complaint to City Administrator Stan Foust, Sgt. Charles Duff complained that after Wallen's suspension, Miller was "laughing about the matter," and told fellow officers "one down, two to go," according to the complaint.
Foust said he asked for an outside investigator to look into those complaints. The city hired Celeste Herbert, a Knoxville lawyer to conduct the investigation.
In her two-and-a-half-page report, Herbert said she "conducted numerous in-person interviews, telephone interviews and Zoom interviews." She said she found "Sgt. Duff as well as other members of the LaFollette Police Department have been bullied and harassed by Sgt. Monty Miller."
The lawyer suggested discipline against both Miller and his direct supervisor, Tiller, because Tiller "either agreed with Sgt. Miller's behavior or purposely ignored it," according to the lawyer.
According to the meeting minutes, the LaFollette City Council received the report in the afternoon, a few hours before their meeting. Councilman Wayne Kitts made a motion to suspend the rules, and discuss the report.
Vice Mayor Soloman made a motion to terminate both Sgt. Miller and Lt. Tiller, and that motion carried 3-1. City Councilman Mark Hoskins was the only one to vote no on their termination.
"The letter was provided to the city council on the same day that the council met, with no underlying material to support the findings," said Miller.
He said he's asked the city for the full investigation, but not yet received it.
"When you have someone with that type of seniority and that type of experience, are you doing your due diligence prior to removing that officer?" Miller said.
Miller served the LaFollette Police Department for more than two decades. | https://www.wbir.com/article/news/local/fired-lafollette-police-officer/51-7982bdf3-a31c-41ed-9596-057678e4dafc | 2022-08-11T23:00:11Z | https://www.wbir.com/article/news/local/fired-lafollette-police-officer/51-7982bdf3-a31c-41ed-9596-057678e4dafc | false | 1 |
Paddy the Baddy ain’t so bad. The brash UFC mixed martial arts fighter with a British-Scouser accent famously talks a lot of smack. However, after winning his fight in London on July 23, he didn’t bash his fallen opponent or arrogantly tout his skills. He used the stage to send a message all men and boys need to hear.
“I’d rather my mate cry on my shoulder than go to his funeral next week…men start talking!” Paddy The Baddy Pimlet — July 23, 2022
His mate was one of almost four thousand men that commit suicide annually in the UK. According to the UK’s Office of National Statistics men account for roughly three fourths of the suicides in the UK. In America men are four times more likely to commit suicide than women. These are terrible statistics for us men.
Why is this? It’s because of what The Baddy said. Most of us don’t talk. We don’t cry. We confuse strength with ignoring our emotions.
Most of us dudes at some point in our lives have said something along the lines of stop being a p — sy, or take the skirt off, or you need a tampon? These outdated phrases imply that it’s only ok to cry if you are a girl, or that real men don’t cry. Crying doesn’t make you less of a man. Resorting to violence towards yourself or others when overcome by emotions is real weakness.
While it’s good to be physically and mentally strong, our emotions and our anxiety matters. When overcome by life’s many challenges such as finances, career, family, or our love lives—we need to let it out.
Love can be complicated; it’s a major factor in our emotions. Whether it be divorce or the ending of a relationship, we have to process these events in healthy ways to grow and move on. During my divorce years I experienced devastation and rage daily. I was so angry at times people crossed the street to avoid my mumbling vitriol.
While I never considered suicide there were times during my divorce years when I was so beat down by my emotions, the death of my dog, and my kid’s mental health challenges that I couldn’t get out of bed. On days when I didn’t have my kids, I sometimes lay curled in the fetal position calling my friends and family.
All my mates understood as some of them were going through divorce too. Not one of them told me to get a grip or to harden up. Although we still have a lot of work to do, there is positive change underway for men. We are openly talking with our children to be more in tune and that crying is ok. No one every talked to me about that stuff when I was their age.
Tears are more than a physical release of water. Crying releases Oxytocin and Endorphins, the same chemicals released by hugs, kisses, and lovemaking. It reduces physical and emotional pain.
I have purposefully made myself cry to help me process loss by looking at pictures of my late brother, or pictures of my dogs who have crossed the rainbow bridge. One time I parked and stared at the bed and breakfast where I married until my tears ran dry. Mourning and feeling sadness is as much a part of the human experience as happiness and laughter.
I’m not saying that being a gutless puffy-eyed bloke who crumbles everytime life gets hard is ok. Your family, your friends, and the world needs people who can lead and persevere through adversity and crisis. There will be times when one needs to step up, or even physically stand up to threats. However, it’s quite simple. We can acknowledge when we are devastated and feeling hopeless without giving up our overall sense of strength and dare I say—manliness.
We can be a shoulder to cry on and cry at the same time.
I hope my kids and their friends will openly talk about their feelings. I didn’t do it as a kid, or even in my twenties. But at almost fifty years old, it’s normal to check in with my mates and family.
An old fishing buddy who had a bad split with a long time partner was diagnosed with heart complications at the same time. Then he had eye troubles that could leave him blind if his heart didn’t quit on him first. It was winter making it even harder to be positive.
He told me that he instructed his Mom to give me all his fishing stuff if he died, or if he capped himself off. I was over 2000 miles away mired in divorce and tied to my young children. There was no way I could go see him.
I took a deep breath and responded, “Well dude. I’d much rather we fish together again than have all your fishing stuff. I’ll also be pissed off at you if you kill yourself.”
That last line made us chuckle and pause before we switched our talk back to ladies, bucket list places to fish, and reminisced about our travels together in New Zealand. That conversation was over three years ago. He’s in a good place now and we’re making plans to fish soon.
He did what we need to more of as men.
He talked.
Thank you Paddy The Baddy. My son, a young Jujitsu practitioner, watches your fights and heard your speech. It’s important that my kids hear this important message from people other than me. I hope you continue your rise to the top.
—
This post was previously published on MEDIUM.COM.
***
You may also like these posts on The Good Men Project:
Join The Good Men Project as a Premium Member today.
All Premium Members get to view The Good Men Project with NO ADS.
A $50 annual membership gives you an all access pass. You can be a part of every call, group, class and community.
A $25 annual membership gives you access to one class, one Social Interest group and our online communities.
A $12 annual membership gives you access to our Friday calls with the publisher, our online community.
Register New Account
Need more info? A complete list of benefits is here.
—
Photo credit: Shutterstock | https://goodmenproject.com/featured-content/to-be-healthier-and-happier-men-we-just-need-to-talk-and-cry/ | 2022-08-11T23:00:29Z | https://goodmenproject.com/featured-content/to-be-healthier-and-happier-men-we-just-need-to-talk-and-cry/ | false | 1 |
AP Sports Writer (AP) — James White, who scored the game-winning touchdown in the New England Patriots’ historic comeback win over Atlanta in Super Bowl 51, announced his retirement on Thursday.
White won three Super Bowls in eight seasons — all with the Patriots.
“This chapter has been one that I will cherish. I look forward to what is next,” White wrote on Instagram.
White set Super Bowl records for points scored in a game (20) and receptions (14) as the Patriots rallied from a 28-3 third-quarter deficit to beat the Falcons 34-28 on Feb. 5, 2017, the biggest comeback in Super Bowl history.
The 30-year-old White was trying to work his way back from hip surgery that abruptly ended his 2021 season. He dislocated the hip during the Patriots’ Week 3 matchup with New Orleans.
White also struggled in 2020 while he was dealing with the aftermath of his father’s death and his mother’s severe injury in a car crash.
He spent seven months rehabilitating from the hip surgery before signing a new two-year deal in March to remain in New England. But he began training camp on the physically unable to perform list and was never cleared to resume full-contact practices.
Though undersized at 5-foot-10 and 200 pounds when he was selected out of Wisconsin in the fourth-round of 2014 draft, by his second season he had become the Patriots’ go-to receiver out of the backfield — particularly on third down.
He appeared in 95 regular-season games and had 1,278 rushing yards on 319 attempts with 11 touchdowns. As a receiver his numbers were more impressive: 381 catches for 3,278 yards and 25 TDs. He also appeared in 12 playoff games, scoring eight TDs (five rushing, three receiving).
In a statement, Patriots coach Bill Belichick called White “one of the most respected, best team players I have ever coached.”
“James defines the term consummate professional,” Belichick said. “His dependability, consistency, unselfishness and performance under pressure are elite. Combining great intelligence, quickness and elusiveness, James was a perfect fit for our pass offense. While soft-spoken, he brought exceptional leadership and competitive toughness to the team.”
Many of White’s former teammates sent him well wishes on social media.
“Teammate, champion, football player through and through. Congrats on the perfect career,” former Patriots quarterback Top Brady posted on Instagram.
“My brother on and off the field. Third-and-James White,” said retired Patriots receiver Julian Edelman.
As much as White became emblematic of the Patriots’ culture, he will be remembered most for how he helped rally New England to the franchise’s fifth of six Super Bowl titles.
New England trailed 21-3 at halftime, and teammates said a speech by White in the locker room helped spark the comeback. With the Patriots down by 25 points, White scored two TDs and had a 2-point conversion run to send the game to overtime. He then ran for the game-ending score in the extra period.
___
More AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL | https://fox40.com/sports/ap-sports/james-white-hero-in-patriots-super-bowl-rally-retires/ | 2022-08-11T23:02:06Z | https://fox40.com/sports/ap-sports/james-white-hero-in-patriots-super-bowl-rally-retires/ | false | 34 |
Grupo Bancolombia lands in the US
Bancolombia yesterday began the operation of its subsidiaries in Florida (United States), Bancolombia Capital LLC, stockbroker, and Bancolombia Capital Advisers LLC, investment adviser.
This is a project that had been rolling around in the minds of its promoters for 15 years, but which materialized little by little. The first thing was to internationalize the operation with Valores Banistmo in Panama, and from there make the leap to the US capital market.
The idea, according to Juan Felipe Giraldo, CEO of Bancolombia Capital, is that new investment possibilities are opened up to its clients, “that allow them to diversify their portfolio by accessing other sectors, new currencies, with an abundance of alternatives, companies and instruments; in addition to having ample liquidity, which is what the most developed capital market in the world offers”.
In Miami, initially, Bancolombia Capital will have eight people, but from Colombia its operation will be supported by 300 professionals distributed in commercial teams, asset management and market analysts, dedicated to helping investors make better decisions.
“Our objective is that Bancolombia’s international recommendations allow the achievement of the financial objectives that our clients seek when they have their investment portfolio with us,” said Giraldo.
The services you will have
Bancolombia Capital will provide investment services, which means that it will participate in processes of constitution, management and administration of clients’ investment portfolios.
Said services may be provided in two modalities, the first is the delegation, in which, based on pre-established conditions, Bancolombia manages the client’s resources, and in the second the client actively participates in each of the decisions of his portfolio. .
At the moment, Bancolombia Capital’s operation in the United States cannot be understood as a banking operation in which deposits and credits are produced, but merely as investment advice and stockbroker.
Clients may be North Americans and tax residents in any other country who want to diversify their portfolio in the United States.
This is Grupo Bancolombia
With the inclusion of the subsidiary in Miami, the Bancolombia Group is much more robust and its presence in the international market is strengthened, in which Banistmo and Valores Banistmo (in Panama), Banco Agrícola (in El Salvador) and Bam stand out. (in Guatemala).
While in Colombia it has Bancolombia SA, Nequi, Renting Colombia, Bancolombia Investment Bank, Bancolombia Trustee and Bancolombia Values.
Just this week Grupo Bancolombia revealed to the market how its performance was in the first semester, in which it increased its profits 106%, taking them to 3.51 billion pesos, which speaks of the good moment of the company and of the financial sector not only in Colombia but in the region
5
banks and 7 specialized businesses has
Bancolombia Group.
3.51
billion pesos won by Bancolombia in the first half of 2022. | https://d1softballnews.com/grupo-bancolombia-lands-in-the-us/ | 2022-08-11T23:02:07Z | https://d1softballnews.com/grupo-bancolombia-lands-in-the-us/ | false | 1 |
IRVINE, Calif. (AP) _ Xponential Fitness Inc. (XPOF) on Thursday reported second-quarter earnings of $16.8 million.
The Irvine, California-based company said it had net income of 50 cents per share. Losses, adjusted for non-recurring gains, came to 7 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.
The franchisor of boutique fitness brands posted revenue of $59.6 million in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $49.2 million.
Xponential Fitness expects full-year revenue in the range of $211 million to $221 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XPOF at https://www.zacks.com/ap/XPOF | https://www.sheltonherald.com/business/article/Xponential-Fitness-Q2-Earnings-Snapshot-17368088.php | 2022-08-11T23:02:36Z | https://www.sheltonherald.com/business/article/Xponential-Fitness-Q2-Earnings-Snapshot-17368088.php | false | null |
Police say they have seized more than 200 kilograms of liquid methamphetamine hidden in a shipment of olive oil concealed in a truck in Sydney’s west.
The Australian Federal Police’s national anti-gang squad made the discovery in Fairfield late last month as part of an investigation into a transnational organised crime group.
No arrests have been made over the shipment that police say is worth about $25 million.
Investigators believe the shipment was organised by a syndicate with international connections.
“Australian-based organised crime groups have an international reach and will collaborate with known offenders residing offshore,” the AFP’s Detective Superintendent Jason McArthur said.
“Illicit drugs like methamphetamine in the community create a domino effect of damage to Australians, including domestic violence, increased strain on the health system and community violence, as gangs fight for turf to sell their dangerous drugs.”
The Morning Edition newsletter is our guide to the day’s most important and interesting stories, analysis and insights. Sign up here. | https://www.watoday.com.au/national/nsw/25-million-worth-of-methamphetamine-found-in-olive-oil-shipment-police-20220812-p5b99b.html?ref=rss&utm_medium=rss&utm_source=rss_national | 2022-08-11T23:03:05Z | https://www.watoday.com.au/national/nsw/25-million-worth-of-methamphetamine-found-in-olive-oil-shipment-police-20220812-p5b99b.html?ref=rss&utm_medium=rss&utm_source=rss_national | true | 10 |
NEW YORK (AP) — Shannon Bream, a Fox News Channel veteran who is the network’s chief legal correspondent, is the new anchor of the “Fox News Sunday” political talk show, filling a role left vacant when Chris Wallace left last December.
Meanwhile, CNN said Thursday that Wallace’s interview program will air on the network Sundays at 7 p.m. Eastern.
Bream was among the rotating guest anchors of Fox’s Sunday show over the past several months. Fox said that each time Bream hosted, viewership was up 20% over the 2021 average — when Wallace was host.
She will relinquish her role anchoring a weeknight newscast that airs at midnight on Fox News Channel, the network said.
When she officially starts on Sept. 11, she’ll be the third host of the 26-year-old show, after the late Tony Snow and Wallace. “Fox News Sunday” airs on the Fox broadcast network and is later repeated on the news channel.
“It has been an honor to cover major news throughout Washington over the last 15 years at Fox News,” Bream said in a statement Thursday. “I am extremely grateful for the opportunity to host a Sunday show and look forward to this new role.”
Bream is also the first franchise author of the Fox News book imprint, where she has written two books on women and the Bible. She was a corporate lawyer before entering journalism.
Wallace, the only Fox News personality to moderate a presidential general election debate, told The New York Times after leaving that he no longer felt comfortable with the programming there. He signed on to host a program at the CNN+ streaming service. The streaming service was shuttered this spring after only a few weeks on the air.
His interview show — “Who’s Talking to Chris Wallace?” — landed on the HBO Max streaming service. CNN said his weekly television show will air the highlights of interviews first shown on HBO Max.
Wallace has also surfaced as a commentator on CNN, particularly on weekday mornings, and that role is expected to continue.
__
This story has been edited to correct the title of Chris Wallace’s interview show. It is “Who’s Talking to Chris Wallace?” rather than “Look Who’s Talking to Chris Wallace.” | https://www.wtrf.com/entertainment-news/ap-entertainment/bream-selected-as-fox-sunday-host-wallace-gets-cnn-show/ | 2022-08-11T23:05:57Z | https://www.wtrf.com/entertainment-news/ap-entertainment/bream-selected-as-fox-sunday-host-wallace-gets-cnn-show/ | false | 34 |
Police: Man found with blasting caps in carry-on at Pittsburgh International Airport
By MADELINE BARTOS
Click here for updates on this story
PITTSBURGH (KDKA) — A man was arrested after police said TSA officers at the Pittsburgh International Airport found two blasting caps in his carry-on bag.
Police said Jose Alonzo Valenzuela of Midland, Texas had the electric blasting caps in his bag because he uses them for his job, though they didn’t specify what his job is.
Investigators said he was stopped just before 9 a.m. Thursday at the main security checkpoint. County police were called, and both the FBI and ATF were notified.
County police charged Valenzuela with criminal attempt – carrying explosives on conveyances and possession of a prohibited offensive weapon.
He may also be subject to civil penalties from the TSA, police said.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://ktvz.com/news/2022/08/11/police-man-found-with-blasting-caps-in-carry-on-at-pittsburgh-international-airport/ | 2022-08-11T23:08:11Z | https://ktvz.com/news/2022/08/11/police-man-found-with-blasting-caps-in-carry-on-at-pittsburgh-international-airport/ | false | 4 |
LifestyleUS TV host's frantic rush to get to work after oversleepingUS Today Show host Savannah Guthrie overslept and made it into the studio just 20 minutes before she was on-air.August 12, 2022 — 7.42amSaveLog in, register or subscribe to save articles for later.LoadingReplayReplay videoPlay videoPlay video | https://www.smh.com.au/lifestyle/us-tv-hosts-frantic-rush-to-get-to-work-after-oversleeping-20220812-p5b999.html?ref=rss&utm_medium=rss&utm_source=rss_feed | 2022-08-11T23:11:18Z | https://www.smh.com.au/lifestyle/us-tv-hosts-frantic-rush-to-get-to-work-after-oversleeping-20220812-p5b999.html?ref=rss&utm_medium=rss&utm_source=rss_feed | true | null |
Being sexually pure in this present world can be so hard. Premarital sex has been the order of the day in this present society.
This is because sexually explicit content is widespread. Adverts are no longer safe; even surfing through your social media channels might put you in trouble. Sexually explicit advertisements pop up suddenly, and if you are not cautious, you might be trapped.
Self discipline is necessary for every young adult to stay clear of sexual immorality that could erode their standards and values.
Celibacy saves you from the dangers of premarital sex. Unwanted pregnancies, sexually transmitted diseases (STDs), abortion, emotional traumas, rejection by families, loss of value are examples of the dangers of premarital sex.
However, despite all this, there are still some actions you can intentionally take to keep you sexually pure even in the midst of this perverse world.
1. Surround yourselves with likeminds
The best way to move forward in life is to be surrounded by people with the same goal. To be sexually pure, you must be friends with those who believe in sexual purity. They will keep you in check consistently. If you have friends that are consistently sexually active, you might be in danger of doing the same.
2. Feed your eyes with the right materials
It is so hard to not encounter sexual content that might trigger sexual desires. Social media is one place where you find this content. You must be determined to guard your eyes and your heart. As soon as you can, avoid people and places where sexual immorality can be triggered.
3. Set boundaries with your partners
Spending time with your partner can be a major trigger. Having sexual urges or desires is not a crime because that is the way you’ve been wired. This is why self discipline is necessary. To stay sexually pure, you must set boundaries with your partner. Sexual triggers like kissing, cuddling, holding hands for too long can be very dangerous on your journey of sexual abstinence. Also, date with a definite purpose.
4. Ensure you are in the right relationship
A verse in the bible says, “Can two walk together except they agree?” To stay sexually pure, you must ensure your partner in a romantic relationship also has the same goal. If you are in a relationship with someone who doesn’t believe in sexual purity, it might be hard for you to stay sexually pure.
5. Understand your weaknesses
You must understand your weak point to stay sexually pure. This would help you guard against traps that might snatch you on your journey of sexual purity. For example, if you are someone who gets sexually aroused by just hugging ladies, staying clear of hugging ladies would help you to keep yourself safe. Understand what works for you and what does not.
6. Avoid unnecessary intimacy with the opposite sex
Be cautious in your relationship with the opposite sex, especially the intimate ones. Avoid being in secluded places with them alone. Be cautious while with them, do not think you cannot fall.
7. Have an accountability partner
To remain sexually pure, regardless of your past sexual dealings, it is necessary to have someone you are accountable to. But be sure that such a person also has the same sexual purity goal so as to guide you positively.
ALSO READ FROM NIGERIAN TRIBUNE
- ‘39.6 percent of unmarried university students use sexual performance-enhancing drugs’
- Tips on building a happy and healthy relationship
- Safety precautions to observe at the airport | https://tribuneonlineng.com/7-ways-to-stay-sexually-pure-despite-pressure-to-give-in/ | 2022-08-11T23:11:20Z | https://tribuneonlineng.com/7-ways-to-stay-sexually-pure-despite-pressure-to-give-in/ | false | 1 |
Summer baseball camp sees record turnout
NEWLAND — The 17th annual Avery County Vikings Baseball Camp took place from Aug. 1 to 4, finishing out the summer sports camps offered at the Avery County Parks and Recreation Department.
With 54 kids in attendance, this year’s baseball camp was the biggest yet, said coach Samuel Phillips. The camp focused on teaching kids the basic skills and fundamentals of baseball, as well as the importance of sportsmanship. At the end of the last day of camp, the kids each received an award and a baseball.
“The success of the entire camp was probably that no one got hurt,” Phillips said. “We had kids from four years old to 14, and it’s a big, big age difference.”
Every summer, the Avery County Parks and Recreation Department hosts various summer camps, including this baseball camp, Tommy Burleson’s Basketball Camp and the youth football camp. Phillips, like all of the coaches that partner with Avery County Parks and Recreation, said he’s extremely grateful to the entire department and especially to director Robbie Willis.
“I’m just incredibly thankful for the community,” Phillips said. “This is able to help the community in a big way to grow baseball. Hopefully these kids will stick with baseball for the remainder of their life and they will continue to compete. I’m very thankful just for the opportunity to be around them.”
Phillips also thanked his high school helpers, Andrew Tashner, Cole Singleton, Josh Jackson, Landon Harmon and Brooks Berry.
“They were just so instrumental in pulling this off,” he said. “For the little kids to see the high school players, it’s just so important for them to see them and be a part of that.” | https://www.newsbreak.com/news/2699698421842/summer-baseball-camp-sees-record-turnout | 2022-08-11T23:12:32Z | https://www.newsbreak.com/news/2699698421842/summer-baseball-camp-sees-record-turnout | true | 2 |
Police in Anambra State have arrested three Fulani herdsmen in connection to the killing of a man known as Energy.
A now deceased, who is said to be an indigene of Umunya in Oyi Local Government Area, was earlier on Thursday lured into the forest by some herdsmen to purchase cattle.
Energy was said to be in need of a cow, and had been connected to a Fulani herdsman, who directed him to come to their camp to purchase the cow.
From a video circulating online, it was observed that Energy had contacted a truck driver to take him to the Fulani herdsmen camp, which was said to be in Aguleri forest.
According to the truck driver, who spoke in the viral video, “We were on our way to see the cows, but we noticed we were going into the bush, and I may not have anywhere to reverse my vehicle.
“I told the Fulani herdsman, but he insisted we should keep going. We had just driven ahead a little, when up to 10 herdsmen came out of the bush with guns and attacked us.
“They grabbed me and my brother, and Energy ran away. They pursued him, and some were taking us into the bush.
“Later, my brother broke away and started running, so when they pursued him, I found I was alone, so I ran to my vehicle and escaped. We later came back and found that Energy had been killed,” the man narrated.
Meanwhile, the state police command confirmed that the incident happened in Aguleri, and that three Fulani men have been arrested in connection with the killing.
DSP Toochukwu Ikenga, spokesperson for Anambra State Police command told bioreports that investigation has commenced, and further information would be communicated to journalists. | https://bioreports.net/police-arrest-herdsmen-who-allegedly-lured-killed-man-in-anambra-forest/ | 2022-08-11T23:16:54Z | https://bioreports.net/police-arrest-herdsmen-who-allegedly-lured-killed-man-in-anambra-forest/ | true | 2 |
Threat of Stagflation Persists
By DeFred Folts III, Managing Partner, Chief Investment Strategist and Eric Biegeleisen, CFA, Partner, Chief Investment Officer
Despite the recent rebound in the U.S. equity markets (the S&P 500 rose by over 9% in July), based upon our most recent model research, the U.S. economy still faces the threat of stagflation. Therefore, we continue to focus on investments that could outperform in a stagflationary environment. This includes U.S. Treasury Inflation-Protected Securities (TIPS), lower duration U.S. Treasuries, and real assets such as gold and commodities that could benefit from inflation proving to be more persistent than expected.
[wce_code id=192]
In July, the Federal Reserve raised short-term interest rates by 75 basis points (0.75%) for the second time in two months to combat elevated inflationary pressure. The Fed has now increased short-term interest rates four times thus far in 2022. The bond market also rallied in July (yields declined and prices increased). The yield on the 10-year U.S. Treasury fell to 2.57% in July after reaching almost 3.5% earlier in the year. On the economic front, the U.S. Gross Domestic Product (GDP) declined for the second quarter in a row prompting a debate over whether the U.S. economy may be in a recession. In addition, the Commerce Department’s Personal Consumption Expenditures (PCE) price index, which is the basis for the Fed’s inflation target, rose by 1% in June, the fastest monthly increase since 2005. The PCE rose by 6.9% from June of 2021.
Equities:
▶ U.S. Equities: U.S. equity markets rallied in July with the S&P 500 rising over 9% - its best month since November 2020. Tesla, Apple, Amazon, and Nvidia rose by over 15% during the month. However, based on our most recent model research, the U.S. economy still faces the threat of stagflation. In addition, U.S. equities remain significantly overvalued by our measures. Other factors weighing negatively on the attractiveness of U.S. equities include continued flattening of the U.S. Treasury yield curve, widening of credit spreads in the corporate bond market and elevated risk of more persistent inflationary pressure in the U.S. economy.
▶ European Equities: European equities rallied along with the U.S. equity market in July. However, Europe continues to face a plethora of challenges for the remainder of 2022, including serious inflationary pressure, widening credit spreads and negative investor psychology. In July, the European Central Bank (the ECB) raised its key interest rate by 50 basis points, the first increase in 11 years and the biggest since 2000, as it confronts surging inflation, even as the risk of recession in Europe mounts. Moreover, inflationary pressure in Europe continues to be exacerbated by Russia’s invasion of Ukraine.
▶ Japanese Equities: Our model research continues to find Japanese equities unattractive due to an inverted and flattening yield curve measure, widening credit spreads and negative investor psychology.
▶ Chinese Equities: Chinese equities are undervalued by our measure. China’s draconian zero-COVID restrictions continue to harm its economic growth prospects, the outlook for the Yuan and investor psychology. Credit spreads continue to widen in the Chinese financial markets.
▶ Indian Equities: Investors may be bracing for further tightening by the Reserve Bank of India after a surprise rate hike in May, followed by another in June to combat elevated inflation. Indian equities are also in a behavioral correction stage that continues to offset their relatively favorable economic growth prospects. A shift to more positive investor psychology alongside relief from inflationary pressures would likely help shift the outlook more positively.
Fixed Income:
▶ The bond market rallied during July (yields declined and prices increased). The yield on the 10-year U.S. Treasury fell to 2.57% in July after reaching almost 3.5% earlier in the year. The strength of the U.S. dollar against a basket of the world’s major currencies is playing an important role in making U.S. Treasuries relatively attractive. Our research continues to favor U.S. Treasury Inflation-Protected Securities (TIPS) and U.S. Treasury Floating Rate Securities, which may perform well in an inflationary or stagflationary environment.
▶ The outlook for credit remains negative as the risk of a global economic slowdown from rising inflation and monetary tightening continues. Our research indicates an increased threat of continued widening of credit spreads in the corporate bond market.
Real Assets:
▶ Gold: A positively sloped yield curve in the U.S. and the potential for real yields to stabilize (nominal yields less infla-tion expectations) positively affect the outlook for gold. (Note that our measure of yield curve incorporates a “shadow rate” reflecting the expansion of the Fed balance sheet). However, continued monetary tightening by the Fed tends to strengthen the U.S. Dollar, which is negative for gold in the shorter term. The outlook for gold, therefore, remains mixed. If the Federal Reserve moderates or abandons its tightening of monetary policy, gold could benefit.
▶ Commodities: Our model research has a mixed outlook for commodities. Some positive factors include narrowing high yield credit spreads, favorable valuations, and positive investor psychology. While still undervalued relative to equities, shorter-term concerns regarding widening credit spreads globally along with China’s slowdown have reduced the out-look for commodities. At the same time, due to Russia’s ongoing invasion of Ukraine, the potential for food and energy.
For more information about 3EDGE Asset Management or our offerings, please visit our website at 3edgeam.com.
About 3EDGE
3EDGE Asset Management, LP, is a multi-asset investment management firm serving institutional investors and private clients. 3EDGE strategies act as tactical diversifiers, seeking to generate consis-tent, long-term investment returns, regardless of market conditions, while managing downside risks.
The primary investment vehicles utilized in portfo-lio construction are index Exchange Traded Funds (ETFs). The investment research process is driv-en by the firm’s proprietary global capital markets model. The model is stress-tested over 150 years of market history and translates decades of research and investment experience into a system of causal rules and algorithms to describe global capital mar-ket behavior. 3EDGE offers a full suite of solutions, each with a target rate of return and risk parame-ters, to meet investors’ different objectives.
Sources for market data/statistics: Bloomberg, Bureau of Economic Analysis
DISCLOSURES: This commentary and analysis is intended for information purposes only and is as of August 5, 2022. This commentary does not constitute an offer to sell or solicitation of an offer to buy any secu-rities. The opinions expressed in View From the EDGE® are those of Mr. Folts and Mr. Biegeleisen and are subject to change without notice in reaction to shifting market conditions. This commentary is not intended to provide personal investment advice and does not take into account the unique investment objectives and financial situation of the reader. Investors should only seek investment advice from their individual finan-cial adviser. These observations include information from sources 3EDGE believes to be reliable, but the accuracy of such information cannot be guaranteed. Investments including common stocks, fixed income, commodities, ETNs and ETFs involve the risk of loss that investors should be prepared to bear. Investment in the 3EDGE investment strategies entails substantial risks and there can be no assurance that the strategies’ investment objectives will be achieved. The regions included in our Equities category are measured based on the S&P 500 and MSCI indices. U.S. equity markets are represented by the S&P 500 index, unless we state otherwise. Japanese equities are represented by the Nikkei 225 equity index. European equities are represented by the MSCI Europe Index. India equities are represented by the S&P BSE SEN-SEX equity index, and Chinese equities are represented by the MSCI China index. Real Assets (Gold & Commodities) includes precious metals such as gold as well as investments that operate and derive much of their revenue in real assets, e.g., MLPs, metals and mining corporations, etc. Intermediate-Term Fixed Income includes fixed income funds with an average duration of greater than 2 years and less than 10 years. Short-Term Fixed Income and Cash includes cash, cash equivalents, money market funds, and fixed income funds with an average duration of 2 years or less. Past performance is not indicative of future results. View From the EDGE® is a registered trademark of 3EDGE Asset Management, LP.
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/threat-of-stagflation-persists | 2022-08-11T23:18:03Z | https://www.nasdaq.com/articles/threat-of-stagflation-persists | true | 2 |
Pakistan and China have reaffirmed their resolve to further boost bilateral cooperation in various fields for the mutual benefit of the two countries. Both have shared vision for making collective efforts to promote peace, prosperity and development in the region. This was discussed at a meeting between Chairman Senate Muhammad Sadiq Sanjrani and the Ambassador of China to Pakistan, Nong Rong, who called on the Chairman Senate, at Parliament House.
Talking to the Ambassador, Sanjrani said that China and Pakistan enjoyed excellent relations and the “All-weather Strategic Cooperative Partnership” between the two countries would further take the bilateral relationship to new heights. He stated that both time-tested friends had always stood by each other through thick and thin.
The Chairman Senate reitrated Pakistan’s affirmation of the “One-China Policy” and firm support to China on core issues of its national interest, such as Taiwan and others. He appreciated China’s support for Pakistan’s core national issues such as Jammu and Kashmir dispute, NSG & FATF.
Sadiq Sanjrani underlined that Pakistan was committed to the timely completion of the CPEC project that had huge potential to contribute to the socio-economic development of Pakistan. He stated that certain hostile players were not happy over the project and were trying to sabotage it but they would not succeed as both the iron brothers were strongly committed to implementing the project.
Mr Nong Rong said that Pakistan was the closest friend of China and his country wanted to further strengthen bilateral cooperation with Pakistan. He added that his country would share its experiences with Pakistan which would help in its social and economic prosperity.“Pakistan is deeply concerned over the evolving situation in the Taiwan Strait and fears that it has serious implications for regional peace and stability.
The world cannot afford another crisis after the ongoing conflict in Ukraine that has negative consequences for global peace, security and economy”, Chairman Senate said. China will continue its effort for regional peace and stability, said Nong Rong. | https://pakobserver.net/pakistanchina-reaffirm-their-resolve-to-boost-cooperation-in-various-fields/?utm_source=rss&utm_medium=rss&utm_campaign=pakistanchina-reaffirm-their-resolve-to-boost-cooperation-in-various-fields | 2022-08-11T23:21:44Z | https://pakobserver.net/pakistanchina-reaffirm-their-resolve-to-boost-cooperation-in-various-fields/?utm_source=rss&utm_medium=rss&utm_campaign=pakistanchina-reaffirm-their-resolve-to-boost-cooperation-in-various-fields | false | 1 |
We use cookies for certain features and to improve your experience. See our Cookie Policy and Privacy Policy to learn more
By accessing this site, you accept the Terms of Use and Privacy Policy.
Get perks like local deals, new strain spotlights, and a free jar of CBD:THC gummies when you sign up ($49 value)!
By providing us with your email address, you agree to Leafly's Terms of Service and Privacy Policy. Offer valid for new Leafly subscribers. Available to US residents only, valid only where legal.
* Statements made on this website have not been evaluated by the U.S. Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease. Information provided by this website or this company is not a substitute for individual medical advice. | https://www.leafly.com/brands/white-label-extracts/products/white-label-extracts-where-s-headband-larry-cured-resin-cartridge-1g-cartridges | 2022-08-11T23:23:26Z | https://www.leafly.com/brands/white-label-extracts/products/white-label-extracts-where-s-headband-larry-cured-resin-cartridge-1g-cartridges | false | null |
Comments / 0
Related
The Farmers’ Almanac Releases Its Winter Predictions For This Year
Summer is winding down and many people are excited about fall activities. However, some are also wondering what this winter will bring. Will it be snowy and cold? Or relatively dry and mild? The Farmers’ Almanac just released its predictions for the 2022/2023 winter season. The editors claim they have been making accurate predictions since 1818 and many people trust their formula. | https://www.newsbreak.com/news/2699702921288/about-august | 2022-08-11T23:25:34Z | https://www.newsbreak.com/news/2699702921288/about-august | true | null |
NEW YORK (AP) — Former New York Gov. Andrew Cuomo wants taxpayers to foot his legal bills as he defends himself against a workplace sexual harassment claim — and he's suing the attorney general over it.
Cuomo filed the suit against Attorney General Letitia James on Thursday. He's arguing that James violated state law by denying him public assistance for his defense.
In April — shortly after James held a news conference where she called Cuomo a “serial sexual harasser” and “sick pathetic man,” the suit says — she denied the ex-governor’s request for representation. James’ position is in violation of laws providing protections for Cuomo when the allegations stem from a time when “he was acting within the scope of his employment or duties,” the suit says.
The unnamed trooper filed the lawsuit earlier this year asking a federal court to find that Cuomo and others violated her civil rights. The suit seeks damages for “severe mental anguish and emotional distress”
Cuomo, the once-powerful Democrat who earned accolades for his response to the COVID-19 outbreak, resigned last year after an investigation by James found he sexually harassed nearly a dozen women and that he and aides worked to retaliate against one of his accusers. Those accusers included the trooper on his security detail, who said he allegedly subjected her to sexual remarks and on occasion ran his hand or fingers across her stomach and her back.
The Cuomo suit called James' investigation “deeply flawed, misleading and one-sided.”
James responded to Cuomo’s claim that she's abusing her authority regarding his legal defense costs with a statement saying, “Sexually harassing young women who work for you is not part of anyone’s job description.”
She added: “Taxpayers should not have to pony up for legal bills that could reach millions of dollars so Mr. Cuomo’s lawyer can attack survivors of his abuse.” | https://www.greenwichtime.com/news/article/Cuomo-Taxpayers-should-pay-sexual-harassment-17368228.php | 2022-08-11T23:26:38Z | https://www.greenwichtime.com/news/article/Cuomo-Taxpayers-should-pay-sexual-harassment-17368228.php | false | 19 |
Vanessa Bryant walked out of court Thursday afternoon during testimony that described images taken at the scene of the fatal helicopter crash that killed her husband, NBA legend Kobe Bryant, her daughter and seven others.
The scene took place during the second day of testimony in Vanessa Bryant's federal civil lawsuit against Los Angeles County, which claims that photos from the January 2020 helicopter crash were shared by county fire and sheriff's department employees in settings irrelevant to the investigation, including at a bar.
Vanessa Bryant became emotional when Victor Gutierrez, a bartender, was asked if he had seen the body of her daughter, Gianna Bryant, in the images. Gutierrez had been describing what he saw in the photos shown by a Los Angeles County Sheriff's deputy.
Bryant cried, stood up and her attorney asked the presiding judge permission for Bryant to leave the court room.
"You don't have to ask my permission," the judge said.
Bryant sat through the conclusion of Thursday testimony of the trial's first witness, Los Angeles Lakers general manager Rob Pelinka, as well as one of the first responders.
Bryant was not in the court during testimony by a coroner but returned to listen to Guitierrez's testimony before leaving the courtroom.
The trial is expected to last about two weeks and witnesses will likely include Vanessa Bryant and LA County Sheriff Alex Villanueva. The suit, which was filed in September 2020, seeks undisclosed damages and claims civil rights violations, negligence, emotional distress and violation of privacy.
A jury of six women and four men was selected for the case. They include a nun, someone who works in TV production for NBC Universal, a college student, a real estate investor, a pharmaceutical researcher, a computer science professor and a restaurant host.
Dozens of employees shared photos from the crash, lawyer says
Bryant said the disturbing images taken at the scene were shared among more than two dozen Los Angeles County employees, her lawyer, Luis Li, said Wednesday.
Li presented a flow chart of how initial photos spread from one deputy to more than a dozen deputies and more than a dozen members of the Los Angeles County Fire Department. Some photos were shared between deputies as they played the "Call of Duty" video game, Li said in his opening statement.
Vanessa Bryant wiped away tears as Li described the way sheriff's deputies captured and shared the photos.
"They took pictures of broken bodies ... close-ups of limbs, of burnt flesh," the attorney said. "It shocks the conscience."
Surveillance footage played in court showed one of the deputies at a bar showing a photo to a bartender, who recoiled and turned away after seeing the image.
"Never in her worst nightmares did (Bryant) imagine that police and first responders would go -- and they would be the ones -- to take pictures of Kobe and Gianna's remains for no reason," Li said.
The attorney said county employees did not cause the accident on January 26, 2020, but accused them of exploiting it, saying, "They poured salt in an unhealable wound."
The defense emphasized that the photos have not been leaked online or to the media and cautioned jurors to separate the tragedy of the crash from the facts of the case about the photos.
"The families suffered unspeakable loss... but that is about the helicopter crash," said Mira Hashmall, an attorney representing LA County. "This case is about the first responders and what they did."
Lakers GM sobbed during testimony
Wednesday's proceedings ended with the testimony of Rob Pelinka, general manager of the Los Angeles Lakers, who sobbed as he described being best friends with Kobe Bryant and godfather to Gianna. On the day of the crash, Pelinka said that he helped Vanessa Bryant seek assurances from the sheriff that the site would be secure from people trying to take photos of the scene.
Pelinka also shared the terror, anxiety and grief he saw in Vanessa Bryant after she learned the crime scene photos were being circulated amongst deputies.
In addition to Bryant, a second plaintiff is Christopher Chester, who lost his wife Sarah and their daughter Payton in the crash. Chester's attorney, Jerome Jackson, said the photos from the scene may have captured disturbing scenes of Sarah's remains.
"Why would anyone use those same photos for ballroom banter and cocktail chatter?" Jackson said.
The defense claimed there were valid reasons for site photos, since the crash was a mile up a mountainside at an elevation of 1,250 feet. Hashmall said the deputy took photos of more than just bodies.
If the deputy didn't document the scene as he was trained, Hashmall said, he would not have been able to inform the command center, which was tasked with not only search and recovery but also battling a wildfire sparked by the crash.
"If you don't have a picture," she said, "you cannot craft a response."
The defense conceded the photos should not have spread as they did but maintained the county's early action effectively contained it.
"We're being sued over pictures that aren't online, aren't in the media and have never been seen by the plaintiff," Hashmall said.
Bryant's attorney told jurors he will show that the county's actions did not fully contain the spread of the photos and that they could still surface online.
Following the accident, Sheriff Villanueva told CNN that the department was conducting an investigation and eight deputies were facing administrative action due to accusations they shared pictures of the crash scene with people outside of the investigation.
The sheriff said in March 2020 that all photos of the scene that were in deputies' possession had been deleted. Months later, Vanessa Bryant's lawyers filed a motion claiming that the department's actions amounted to destroying evidence.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
Recommended for you
Stacker compiled a list of 50 historic music festivals over the last 60 years. Click for more. | https://www.news-daily.com/news/vanessa-bryant-leaves-courtroom-in-tears-during-testimony-about-images-taken-at-the-scene-of/article_a7a059a8-d98d-54e0-8ccc-d5295ccbb291.html | 2022-08-11T23:30:56Z | https://www.news-daily.com/news/vanessa-bryant-leaves-courtroom-in-tears-during-testimony-about-images-taken-at-the-scene-of/article_a7a059a8-d98d-54e0-8ccc-d5295ccbb291.html | true | 19 |
The California Highway Patrol is conducting a DUI and driver’s license checkpoint on starting at 7 p.m. Saturday in an unincorporated area of Bakersfield.
The checkpoint is scheduled to continue until 2 a.m. Sunday.
Please log in, or sign up for a new account and purchase a subscription to continue reading.
Please log in, or sign up for a new account to continue reading.
Thank you for reading! We hope that you continue to enjoy our free content.
The California Highway Patrol is conducting a DUI and driver’s license checkpoint on starting at 7 p.m. Saturday in an unincorporated area of Bakersfield.
The checkpoint is scheduled to continue until 2 a.m. Sunday.
“The deterrent effect of DUI checkpoints is a proven resource in reducing the number of persons killed and injured in alcohol- or drug-involved crashes,” according to a CHP news release. “Research shows that crashes involving an impaired driver can be reduced by up to 20 percent when well-publicized DUI checkpoints and proactive DUI patrols are conducted routinely.”
Positive Cases Among Kern Residents: 272,985
Deaths: 2,499
Recovered and Presumed Recovered Residents: 261,985
Percentage of all cases that are unvaccinated: 72.74
Percentage of all hospitalizations that are unvaccinated: 83.34
Updated: 8/9/22
Sorry, there are no recent results for popular videos. | https://www.bakersfield.com/news/chp-conducting-checkpoint-in-unincorporated-kern-county-starting-saturday/article_226e565c-19af-11ed-96cf-bf7eaa64942e.html | 2022-08-11T23:33:38Z | https://www.bakersfield.com/news/chp-conducting-checkpoint-in-unincorporated-kern-county-starting-saturday/article_226e565c-19af-11ed-96cf-bf7eaa64942e.html | true | 1 |
The Mozingo Bridge Project, located just outside Maryville, is one of the many improvements to rural infrastructure taking place in Northwest Missouri.
Buchanan County roads will see multiple upgrades during the next five years after Gov. Mike Parson announced a new investment plan to improve rural infrastructure.
The work is part of the Statewide Transportation Improvement Program (STIP), which is prepared and renewed each year for the projects the Missouri Department of Transportation will take part in. According to the MODOT website, work that will be included in the program involves highways and bridges, transit, aviation, rail, waterways, bicycle, pedestrian and operations and maintenance projects.
Patrick McKenna, director of MoDOT, talked about where money is going statewide to help improve road conditions.
"We're going to be putting nearly 15,000 miles of rural routes in better shape ... that's worth about $1.2 billion," McKenna said. "We've got 546 bridges on rural routes that are going to be worked on ... that's almost half a billion dollars there. Low-volume, minor routes are going to get an infusion of nearly 300 lane miles, improved about $169 million there in bridges, another 293 bridges there for about $132 million. That totals that $2 billion investment."
For the years of 2023 to 2027, Buchanan County currently has 17 projects planned involving improvements to local highways and bridges. The total cost of these projects totals $45,546,000.
Three of the projects will be on U.S. Highway 169, with two being completed in 2024 and one in 2025. The cost of these three projects will be $10,215,000 in total.
One project involves work on pavement resurfacing from Route FF to Clay County and Route U from west of the Stockyards Expressway to the end of state maintenance. This project will cost $5,852,000 and will take place in 2024.
The most expensive project currently planned in Buchanan County is on U.S. Highway 59. That construction will include intersection improvements at Route 752 and Route U in St. Joseph. The total cost of the project will be $6,179,000 and the work will take place in 2024.
McKenna said MoDOT and the Highways and Transportation Commission have worked together to navigate difficulties due to inflation.
"We've had some price inflation of late but we're not letting that slow us down," McKenna said. "The (highways and transportation) commission made sure that they put state road fund money into that as well so that we could get all of the intended work done. And that's going to have a major, major benefit."
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.newspressnow.com/news/local_news/buchanan-county-prepares-for-big-road-improvements/article_0ad9ef6a-19aa-11ed-961e-3718acbaa74c.html | 2022-08-11T23:34:23Z | https://www.newspressnow.com/news/local_news/buchanan-county-prepares-for-big-road-improvements/article_0ad9ef6a-19aa-11ed-961e-3718acbaa74c.html | false | 1 |
Verge (XVG) traded 4.2% higher against the dollar during the 24-hour period ending at 18:00 PM E.T. on August 11th. Verge has a market cap of $65.93 million and $6.44 million worth of Verge was traded on exchanges in the last 24 hours. One Verge coin can now be purchased for $0.0040 or 0.00000017 BTC on popular cryptocurrency exchanges. Over the last seven days, Verge has traded up 6.5% against the dollar.
Here is how similar cryptocurrencies have performed over the last 24 hours:
- Dogecoin (DOGE) traded 0.4% higher against the dollar and now trades at $0.0712 or 0.00000295 BTC.
- UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $4.69 or 0.00019441 BTC.
- Litecoin (LTC) traded up 0.9% against the dollar and now trades at $62.40 or 0.00258551 BTC.
- DEI (DEI) traded down 1.6% against the dollar and now trades at $0.16 or 0.00000678 BTC.
- EAC (EAC) traded 35.5% higher against the dollar and now trades at $1.26 or 0.00006190 BTC.
- Polymath (POLY) traded up 5.2% against the dollar and now trades at $0.24 or 0.00000994 BTC.
- ConstitutionDAO (PEOPLE) traded down 2.2% against the dollar and now trades at $0.0321 or 0.00000133 BTC.
- Syscoin (SYS) traded up 0.3% against the dollar and now trades at $0.19 or 0.00000790 BTC.
- XeniosCoin (XNC) traded 0.5% higher against the dollar and now trades at $0.54 or 0.00002252 BTC.
- Presearch (PRE) traded up 1.8% against the dollar and now trades at $0.0865 or 0.00000358 BTC.
Verge Profile
Verge (CRYPTO:XVG) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It was first traded on October 9th, 2014. Verge’s total supply is 16,509,575,713 coins. Verge’s official Twitter account is @vergecurrency and its Facebook page is accessible here. The Reddit community for Verge is /r/vergecurrency and the currency’s Github account can be viewed here. The official website for Verge is vergecurrency.com.
Verge Coin Trading
It is usually not possible to buy alternative cryptocurrencies such as Verge directly using US dollars. Investors seeking to acquire Verge should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Verge using one of the aforementioned exchanges.
Receive News & Updates for Verge Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Verge and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. | https://theenterpriseleader.com/2022/08/11/verge-market-cap-hits-65-93-million-xvg.html | 2022-08-11T23:35:30Z | https://theenterpriseleader.com/2022/08/11/verge-market-cap-hits-65-93-million-xvg.html | true | 678 |
Which Nike volleyball shoes are best?
Volleyball players need to be agile and technically skilled enough to move around the court swiftly and effectively. However, you can have all the talent in the world, but it’s not going to do much for you if you’re not wearing the proper shoes.
Nike volleyball shoes are engineered to give players superior traction and stability. Though Nike only offers a handful of volleyball shoes, they are high quality and deliver elite performance. For example, the Nike Zoom HyperAce 2 Volleyball Shoes are an exceptional choice, thanks to their stylish design and responsive feel.
What to know before you buy Nike volleyball shoes
Size and fit
Many volleyball shoes have a narrow shape and build, so if you have wide feet, it’s best to look for a wide-fit option or consider a pair with a broader toe box. You should be fine wearing the same size volleyball shoes you usually do for regular running shoes. However, it’s not a bad idea to consider going a half size or even a full size up, especially if you purchase a pair and find them a bit too tight or lacking space in the toe box.
Ankle length
Volleyball shoes come in varying ankle lengths. Mid-cut and high-cut shoes are ideal for stockier, defensive-minded players looking for more stability and ankle support. Low-cut shoes don’t offer the same ankle support, but they’re more lightweight, making them perfect for quick, shifty players who want to prioritize speed and flexibility.
Are you looking for versatile athletic shoes?
Volleyball shoes aren’t as versatile as other athletic shoes. Unlike running shoes, it’s best to avoid wearing volleyball shoes anywhere other than an indoor court. Volleyball shoes are comfortable but designed strictly for playing, so they’re not optimized for all-day comfort. Also, the outsole can wear out quickly on hard outdoor surfaces.
What to look for in quality Nike volleyball shoes
Cushioning
The cushioning in the midsoles of quality volleyball shoes usually consists of ethyl-vinyl acetate foam. EVA foam is soft, giving players the comfort they need, and it helps make the forefoot more responsive, allowing for more efficient energy transfer. Shoes with sufficient cushioning provide more bounce back during strides, giving players an extra spring in their step.
Outsole
The outsole should be made of durable gum material and provide plenty of grip on various indoor surfaces. It should also be flat and non-marking in order to decrease the chance of ankle injury and minimize sliding.
Breathability
Unlike beach volleyball, your feet are confined to shoes that may overheat due to the excess body heat your feet emit, and they can become damp because of the sweat buildup. Shoes with a durable upper are necessary for stability and protection, but they should also have a mesh fabric on top to facilitate airflow. Breathable shoes help keep your feet dry and cool for extended periods, allowing you to focus on your performance.
How much you can expect to spend on Nike volleyball shoes
The best Nike volleyball shoes offer elite performance and cost $100-$120. However, if you’re a casual player, you can get a reliable pair for $80-$100.
Nike volleyball shoes FAQ
How do I know when it’s time to replace my volleyball shoes?
A. You’ll notice wear and tear around the ankle and upper. However, the most significant indicator is the tread on the outsole will be worn down, and they won’t provide the same traction they used to, so you may notice that you’re slipping or sliding more often.
Can I wear volleyball shoes to play indoor basketball?
A. Yes, volleyball shoes are versatile enough to be worn for indoor basketball because they’re designed with the same performance goals and mechanics in mind.
What are the best Nike volleyball shoes to buy?
Top Nike volleyball shoes
Nike Zoom HyperAce 2 Volleyball Shoes
What you need to know: These shoes have a stylish look and offer elite performance for speedy players.
What you’ll love: These low-cut shoes give players increased mobility, and the thermoplastic polyurethane cage offers superior stability. The Zoom Air unit in the midsole provides added cushioning and comfort. The rubber outsole has a textured pattern for improved grip, and the heel tab makes them easy to slip on.
What you should consider: They’re not as comfortable for those with a less pronounced foot arch, and some customers found the toe box lacking in durability.
Where to buy: Sold by Dick’s Sporting Goods
Top Nike volleyball shoes for the money
NikeCourt HyperSpeed Volleyball Shoes
What you need to know: These lightweight shoes offer optimal flexibility and breathability, making them ideal for players of all skill levels.
What you’ll love: They have a mesh overlay for increased airflow, letting players keep their feet cool and dry for extended periods. The NikeSkin overlay increases durability, and Zoom Air technology under the forefoot boosts comfort and responsiveness. Plus, the laces tighten in front of the ankles for extra support.
What you should consider: They have a narrow shape and build, making them unsuitable for players with wide feet.
Where to buy: Sold by Dick’s Sporting Goods
Worth checking out
Mizuno Cyclone Speed 3 Volleyball Shoes
These shoes provide superior comfort and traction so players can confidently move quickly. The synthetic overlays let players move with agility during lateral movements, and the reduced rubber makes for a more lightweight feel. Also, the flat sole and flex grooves provide increased stability and flexibility.
Sold by Dick’s Sporting Goods
Under Armour HOVR Highlight Ace Volleyball Shoes
These shoes have a high cut, providing players with extra ankle support. The toe cap is rigid, and the durable upper has a mesh overlay for optimal airflow and breathability. Plus, the molded sockliner adjusts to the shape of your foot, and HOVR technology minimizes impact.
Sold by Dick’s Sporting Goods
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Kevin Luna writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://www.ktsm.com/reviews/br/sports-fitness-br/football-br/best-nike-volleyball-shoes/ | 2022-08-11T23:35:50Z | https://www.ktsm.com/reviews/br/sports-fitness-br/football-br/best-nike-volleyball-shoes/ | false | 35 |
Legacy Wealth Planning LLC lowered its position in shares of Walmart Inc. (NYSE:WMT – Get Rating) by 4.4% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 2,710 shares of the retailer’s stock after selling 125 shares during the quarter. Legacy Wealth Planning LLC’s holdings in Walmart were worth $404,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently modified their holdings of WMT. Conrad Siegel Investment Advisors Inc. acquired a new stake in Walmart in the first quarter worth about $27,000. Industrial Alliance Investment Management Inc. bought a new stake in Walmart during the fourth quarter worth approximately $28,000. Ulland Investment Advisors LLC lifted its position in Walmart by 442.9% in the first quarter. Ulland Investment Advisors LLC now owns 190 shares of the retailer’s stock worth $28,000 after purchasing an additional 155 shares during the period. Gibson Wealth Advisors LLC bought a new position in Walmart during the 4th quarter valued at $29,000. Finally, Joseph P. Lucia & Associates LLC acquired a new position in shares of Walmart during the 1st quarter valued at $29,000. Institutional investors and hedge funds own 30.79% of the company’s stock.
Insiders Place Their Bets
In related news, CEO C Douglas Mcmillon sold 9,708 shares of Walmart stock in a transaction dated Thursday, June 23rd. The stock was sold at an average price of $122.13, for a total value of $1,185,638.04. Following the completion of the transaction, the chief executive officer now directly owns 1,517,160 shares of the company’s stock, valued at $185,290,750.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have sold 29,124 shares of company stock valued at $3,638,461. 47.06% of the stock is currently owned by corporate insiders.
Walmart Price Performance
Walmart (NYSE:WMT – Get Rating) last posted its earnings results on Tuesday, May 17th. The retailer reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.18). The firm had revenue of $141.60 billion during the quarter, compared to the consensus estimate of $138.05 billion. Walmart had a net margin of 2.26% and a return on equity of 19.05%. The business’s revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.69 EPS. Research analysts forecast that Walmart Inc. will post 5.68 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on WMT shares. Cowen decreased their target price on Walmart from $180.00 to $150.00 and set an “outperform” rating on the stock in a report on Tuesday, July 26th. Telsey Advisory Group dropped their price objective on Walmart from $160.00 to $145.00 and set an “outperform” rating on the stock in a report on Tuesday, July 26th. JPMorgan Chase & Co. set a $128.00 price target on shares of Walmart in a report on Tuesday, July 26th. Piper Sandler initiated coverage on shares of Walmart in a report on Wednesday, August 3rd. They issued a “neutral” rating and a $135.00 price objective for the company. Finally, Truist Financial reduced their price target on Walmart from $139.00 to $117.00 in a research report on Tuesday, July 26th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eighteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.00.
Walmart Company Profile
Walmart Inc engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.
Further Reading
- Get a free copy of the StockNews.com research report on Walmart (WMT)
- Disney (NYSE: DIS) Shares Just Gave Investors A Massive Signal
- Find and Profitably Trade Stocks at 52-Week Lows
- Solar Stocks Shine Brightly After Passage Of Clean Energy Bill
- 3 Stable Growth Stocks for Bumpy Times
- Large And Small Oil-And-Gas Stocks See Post-Earnings Bounce
Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT – Get Rating).
Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.com-unik.info/2022/08/11/legacy-wealth-planning-llc-lowers-position-in-walmart-inc-nysewmt.html | 2022-08-11T23:36:20Z | https://www.com-unik.info/2022/08/11/legacy-wealth-planning-llc-lowers-position-in-walmart-inc-nysewmt.html | false | 2 |
Contact Us
About Us
August 11, 2022
Business
Health
Science
Technology
World
Business
Health
Science
Technology
World
Business
Health
Science
Technology
World | https://www.alpenhornnews.com/sweeper-robot-market-44810/ | 2022-08-11T23:36:36Z | https://www.alpenhornnews.com/sweeper-robot-market-44810/ | false | null |
Truck stolen from Hay River business found on fire near Enterprise
Hay River RCMP are asking the public for information
A truck was stolen from a Hay River, N.W.T., business earlier this week and turned up later on fire and about 38 kilometres away from the community, say police.
On Wednesday around 5 a.m., Hay River RCMP say they received reports of a semi truck on fire near the community of Enterprise, N.W.T.
A man was spotted walking near the scene of the fire, according to some of the people who called the incident in to the detachment, RCMP said in a news release.
An immediate search for the person was made, but no one was found, police said.
A further investigation determined the truck was stolen from a Hay River business, according to the release.
They did not identify the business, but Melanie Carter of Carter Industries in Hay River identified the truck as one of theirs on social media.
Police ask anyone with information to call the Hay River detachment at 874-1111, or to contact Crime Stoppers at 1-800-222-8477 nwtnutips.com | https://www.cbc.ca/news/canada/north/truck-stolen-hay-river-enterprise-rcmp-1.6548814?cmp=rss | 2022-08-11T23:40:04Z | https://www.cbc.ca/news/canada/north/truck-stolen-hay-river-enterprise-rcmp-1.6548814?cmp=rss | false | 1 |
Raven Protocol (RAVEN) traded down 22.1% against the US dollar during the twenty-four hour period ending at 18:00 PM ET on August 11th. In the last week, Raven Protocol has traded 22.8% lower against the US dollar. One Raven Protocol coin can now be purchased for $0.0002 or 0.00000001 BTC on exchanges. Raven Protocol has a total market capitalization of $752,486.17 and $1,632.00 worth of Raven Protocol was traded on exchanges in the last day.
Here is how similar cryptocurrencies have performed in the last day:
- JUMPN (JST) traded 54% lower against the dollar and now trades at $5.46 or 0.00018651 BTC.
- Tarality (TARAL) traded 12% lower against the dollar and now trades at $0.0010 or 0.00000004 BTC.
- The Web3 Project (WEB3) traded up 213.7% against the dollar and now trades at $517.71 or 0.02213862 BTC.
- Tether (USDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00004133 BTC.
- Sweet SOL (SSOL) traded 600.9% higher 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 0.2% higher against the dollar and now trades at $0.38 or 0.00001573 BTC.
- Wrapped Cardano (WADA) traded 0.2% higher against the dollar and now trades at $0.53 or 0.00002201 BTC.
- Gateway Protocol (GWP) traded up 3.3% against the dollar and now trades at $3.67 or 0.00015149 BTC.
- Polkadot (DOT) traded 2.9% lower against the dollar and now trades at $9.29 or 0.00038383 BTC.
Raven Protocol Profile
Raven Protocol’s total supply is 10,000,000,000 coins and its circulating supply is 4,494,272,006 coins. Raven Protocol’s official Twitter account is @Raven_Protocol. The official website for Raven Protocol is www.ravenprotocol.com. The official message board for Raven Protocol is medium.com/ravenprotocol.
Raven Protocol Coin Trading
It is usually not currently possible to purchase alternative cryptocurrencies such as Raven Protocol directly using U.S. dollars. Investors seeking to trade Raven Protocol should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Raven Protocol using one of the aforementioned exchanges.
Receive News & Updates for Raven Protocol Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Raven Protocol and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. | https://www.com-unik.info/2022/08/11/raven-protocol-market-capitalization-tops-752486-17-raven.html | 2022-08-11T23:40:21Z | https://www.com-unik.info/2022/08/11/raven-protocol-market-capitalization-tops-752486-17-raven.html | true | 83781 |
Abbie Chatfield recently heard the ‘I’m Lovin It’ jingle while on a podcast, which prompted her to call out Justin Timberlake.
Abbie Chatfield recently went on the Hot Nights podcast, which used the 2003 Justin Timberlake ‘I’m Lovin It’ jingle as an opener. Chatfield was immediately taken aback and didn’t quite recognize the tune, which was reportedly written by Pusha T.
Chatfield and the rest of the podcast members talked about the jingle before Chatfield realized the song was sung by none other than Justin Timberlake. She then apologized to JT for not recognizing his voice behind the tune before immediately backtracking.
“Actually, I’m not going to apologise to Justin Timberlake,” The Masked Singer star said.
She continued, “because he helped gaslight Britney Spears like the rest of the world but that’s a whole other conversation.”
Abbie isn’t afraid to call out toxic behaviour, as she recently called out celebrity chef Pete Evans as well.
27-year-old Chatfield said she never wants to see celebrity chef Pete Evans ever again, and especially not under a mask on The Masked Singer. The reason Chatfield stands so adamantly against Pete Evans is his history of alt-right rhetoric and his recent posting of a neo-nazi meme. In 2020 Evans promoted conspiracy theories that simultaneously claimed the coronavirus is both fake and caused by 5G waves. Soooo, is it fake or is it real and caused by “5G”?
Love Live Music?
Get the latest Live Music news, features, updates and giveaways straight to your inbox Learn more
Evans has also expressed anti-vax sentiments throughout the pandemic. When rugby player Shane Warne died, Evans commented on the situation in a video in which he started off by saying, “who knows what the reasons [for his death] are and I can’t comment on it,” before continuing to go on talking about doctors that he’s interviewed.
Pete Evans had a public zoom call earlier, here is his thoughts on Warne. pic.twitter.com/tiEYBiomjX
— Reptilian Overlord 🍓 🇦🇺🤝🇺🇦 (@LizardHumanoid) March 5, 2022
Abbie Chatfield’s recent remarks made to Yahoo Lifestyle were in response to Evans’ most recent controversy— the posting of a meme that contained symbolism used by Nazi Germany and the more contemporary Neo-Nazis.
‘I narrowly missed having an interaction with him on I’m A Celebrity two years ago when he uploaded that Nazi meme, so I was hoping he wasn’t back,’ she told Yahoo Lifestyle.
“That was kind of the only person that I thought, ‘God I hope it isn’t Pete Evans’.” | https://tonedeaf.thebrag.com/abbie-chatfield-on-justin-timberlake/ | 2022-08-11T23:41:49Z | https://tonedeaf.thebrag.com/abbie-chatfield-on-justin-timberlake/ | true | 1 |
Dodgers News: MLB Expert Reveals the Secrets to Julio Urias' Recent Success
The Dodgers have been red hot since the start of July, and the pitching staff, which leads the league in ERA since July 1st (2.69) is a big reason why. After all, it's pretty hard for a team, even one as talented as the Dodgers, to hit their way to a 77-33 record.
Throughout the Andrew Friedman era, the Dodgers have cobbled together some impressive staffs. Sure, there's household names like Clayton Kershaw and Walker Buehler, but one name that doesn't get mentioned enough is Julio Urías.
Urías, now in his seventh big league season, is thriving in the rotation. The lefty did post a major league leading 20 wins last season (2.96 ERA), but one could argue he's been even better this season, especially as of late.
Since July 4th, Urías owns a 2.20 ERA (7-0) and has averaged nearly six innings pitched per outing.
Read More
In a recent appearance on MLB Network, veteran insider Mark DeRosa broke down why Urías has been so successful.
"He has been absolutely dominant for this team and he doesn’t get enough love. How’s he doing it? Blowing heaters at the top of the zone right by guys. And there’s been a little bit of an uptick. He talked about changing his mechanics up a little bit and [his fastball velocity] is starting to tick up — he’s actually feeling friskier with it. He’s getting the heater at the top of the zone, he’s getting guys to swing outside of the zone and then he gets you fishing on that big breaking ball."
There's numbers to back up DeRosa's argument. Julio is averaging 94 miles per hour over his last five starts (92.8 MPH was his prior average).
Opposing hitters are batting just .155 off of his fastball and putting up an anemic .224 slugging percentage.
Urías has been a force this year, and his fastball and breaking ball are a big reason why. | https://www.si.com/mlb/dodgers/news/dodgers-news-mlb-expert-reveals-the-secrets-to-julio-urias-recent-success-ee21 | 2022-08-11T23:41:52Z | https://www.si.com/mlb/dodgers/news/dodgers-news-mlb-expert-reveals-the-secrets-to-julio-urias-recent-success-ee21 | true | 1 |
An armed man clad in body armour who tried to breach the FBI’s Cincinnati office on Friday was shot and killed by police after he fled the scene and engaged in an hourslong standoff in a rural part of the state, the Ohio State Highway Patrol said.
The confrontation came as officials warned of an increase in threats against federal agents in the days following a search of former President Donald Trump’s Mar-a-Lago estate in Florida.
The man is believed to have been in Washington in the days leading up to the Jan. 6, 2021 insurrection and may have been present at the Capitol on the day of the attack, according to a law enforcement official briefed on the matter. The official could not discuss details of the investigation publicly and spoke on condition of anonymity.
The suspect was identified as Ricky Shiffer, 42, according to the law enforcement official. He was not charged with any crimes in connection with the Jan. 6 attack, the official said.
READ MORE: Justice Dept seeks to unseal FBI search warrant of Trump home
Federal investigators are examining whether Shiffer may have had ties to far-right extremist groups, including the Proud Boys, the official said.
Shiffer “attempted to breach” the visitor’s screening area at the FBI office at around 9:15am, and fled when agents confronted him, according to federal authorities’ account of the incident.
After fleeing onto Interstate 71, he was spotted by a trooper and fired shots as the trooper pursued him, said Lt. Nathan Dennis, a Ohio State Highway Patrol spokesperson, at a press conference.
Shiffer left the interstate north of Cincinnati and abandoned his car on rural roads, where he exchanged gunfire with police and sustained injuries, though no one else was hurt, Dennis said.
Shiffer was shot after he raised a gun toward police around 3pm on Thursday (local time), Dennis said. The fatal encounter with police happened after negotiations failed and police tried unsuccessfully to use “less lethal tactics,” Dennis said, without providing details.
State highway workers blocked off roads leading to the scene as a helicopter flew over the area. Officials locked down a mile radius near the interstate and urged residents and business owners to lock doors and stay inside. The interstate has been reopened.
There have been growing threats in recent days against FBI agents and offices across the country since federal agents executed a search warrant at Mar-a-Lago. On Gab, a social media site popular with white supremacists and antisemites, users have warned they are preparing for an armed revolution. | https://www.1news.co.nz/2022/08/12/armed-man-killed-after-trying-to-breach-fbi-office-standoff/ | 2022-08-11T23:42:38Z | https://www.1news.co.nz/2022/08/12/armed-man-killed-after-trying-to-breach-fbi-office-standoff/ | false | 63 |
Paul Green is being remembered as one of rugby league’s great minds, but one of his former teammates wants us to remember he also had a wicked sense of humour.
As a coach, Green was a deep thinker who dedicated almost 20 years of his life to the art and climbed to the top of the NRL mountain in 2015 with the North Queensland Cowboys.
In the video above: Friends and family remember Paul Green
Watch the latest sport on Channel 7 or stream for free on 7plus >>
But off the field, he was a larrikin with quick wit and an infectious attitude.
Former teammate Bryan Fletcher recounted a story about Green that sums him up.
Green moved to his third club, the Sydney Roosters, in 2001 and had a great year, playing in all three Origin games.
After playing the opening game of 2002, the half back injured his knee and ultimately missed the Roosters’ premiership campaign.
Despite watching from the sidelines for most of the year, Green would make sure he was still as involved in the club as anyone, Fletcher said.
“If we had a drink, he was the first one to organise it - I think he took it upon himself as a role,” Fletcher said on Fox League.
“I think he was thinking to himself: ‘I’m not going to be able to play this year and add anything to the team, so I’ll try and help off-field’.
“It was a terrific year, that year. We were talking about it at the (recent 20-year) reunion how much fun we had. And I think a lot of that had to do with Greeny.”
But perhaps most typical of Green’s love for his mates was his idea for the 2002 premiership – which he had to watch from the stands.
He was the one who brought the American tradition of showering the winning coach in Gatorade to Australia, but he found a way for it to benefit his mates.
“He went to Gatorade and said: ‘If we do this, what will you give us?’,” Fletcher said.
“He organised $10,000 or something and we used it for a trip away. (It) was the first time it was done (in Australia).
“He said: ‘If you do it to Sticky (Ricky Stuart), Gatorade is going to give us 10 grand.’ We did it and Gatorade used that for a billboard the following year.
“We’d never seen that before, obviously it was big in American sport.”
The Roosters recently had a premiership reunion for that game, but Green was on holiday with his family.
“He was up on one of the islands up there,” Fletcher said.
“He said, ‘Sorry boys, I can’t make it.’ But he ended up (coming) as a bit of a surprise. He said, ‘I couldn’t not come with all the banter on WhatsApp.’
“He turned up and he had to go buy (clothes). He just had boardies. He went to Best & Less or something.
“He had shirts that were too big for him, his pants were too tight. He (still) got on the dancefloor!”
The 49-year-old Green died at his Brisbane home on Thursday morning, with tributes pouring in from heads of state, past and present NRL players, clubs and officials.
Green’s devastated family released a statement on Thursday.
“We have lost a devoted husband, loving father and wonderful brother and son,” the statement read.
“We cannot find the words that would come close to expressing our feelings, however we would like to extend our thanks to those who have reached out to us with their love and support.
“Our family is still trying to understand this tragedy and we request space and time as we come to terms with this loss.”
NRL club North Queensland said their premiership-winning coach was one of the most influential figures in Cowboys history.
“Paul first came to our club as a player in the late ’90s and was the club’s first Origin representative, but his lasting legacy emanated from his seven-season tenure as head coach of the North Queensland Cowboys,” club chair Lewis Ramsay said.
“Paul’s arrival as head coach transformed our club from finals contenders to an immediate premiership force, culminating in the historic 2015 grand final victory.
“We will forever remember Paul as one of the greatest contributors in Cowboys history.”
A star in his own right as a player, Green notched 162 games across five different clubs as a halfback, five-eighth and hooker while also playing seven State of Origins for Queensland.
Green won the 1995 Rothmans Medal as the league’s best and fairest player.
But he will forever be remembered as the man who helped guide North Queensland to their maiden premiership in 2015.
In total, he was in charge of the Cowboys for 167 games, with the 2015 title coming in just his second season as head coach.
He left the club in 2020 and took over as Queensland’s State of Origin coach last year.
When he resigned from that job last September, it appeared certain he would resume his days as an NRL coach.
He was linked to Wests Tigers at the end of last season and Wayne Bennett confirmed on Thursday that Green was to be offered an assistant role at the Dolphins next year.
Beyond those still at North Queensland, he has coached several players who began their careers in Townsville or played for the Maroons last year.
On Thursday night alone, Cameron Munster, Xavier Coates and Viliame Kikau were among those due to take to the field just hours after learning of their former coach’s death.
Green was in Sydney only last weekend for the Cronulla ex-players’ reunion, a club where he played 95 games before moving north to the Cowboys.
He was also a part of the Sydney Roosters’ 2002 premiership-winning squad, before finishing his playing days at Parramatta and Brisbane.
Michael Morgan, who played five-eighth in the Cowboys’ premiership win, said Green was “more than influential” in his career.
“You grow up playing (rugby league), you think you know everything but he just opened up a whole new world to the actual knowledge of the game for me,” Morgan told Triple M.
“I’ve never been able to thank him enough.”
Australian Rugby League Commission chairman Peter V’landys said his thoughts were with Green’s family and friends.
“I had the pleasure of sitting on the NRL Competition Committee and found Paul to be a passionate, smart and witty individual. Our condolences go to his family and to his many friends,” V’Landys said.
The Roosters and Broncos also passed on their condolences to Green’s family and said they were deeply saddened to hear of his passing.
Green is survived by wife Amanda and children Emerson and Jed.
If you need help in a crisis, call Lifeline on 13 11 14. For information about depression contact beyondblue on 1300224636 or talk to your GP, local health professional or someone you trust.
- With AAP
In the video below: Paul Green speaks to Channel 7
Stream Big on | https://7news.com.au/sport/rugby-league/the-hilarious-10000-act-that-sums-up-why-the-late-paul-greens-teammates-loved-him-so-much--c-7847318 | 2022-08-11T23:45:23Z | https://7news.com.au/sport/rugby-league/the-hilarious-10000-act-that-sums-up-why-the-late-paul-greens-teammates-loved-him-so-much--c-7847318 | false | 3 |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.